Indianapolis Journal, Volume 52, Number 170, Indianapolis, Marion County, 19 June 1902 — Page 4

TIIE INDIANAPOLIS JOURNAL, THURSDAY, JUNE 19, 1902.

T 1 1 K DA ILY J OÜUXA L THURSDAY. JUNE 10, 1002.

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Persons fending the Journal through the malls In the United Htates should put on an eight-paga or a ts-rlve-rage ra;r a 1-cent stamp; on a aixten. twenty or twenty-four page jiaper a 2eent stamp. Foreign atage U usually double tbf ratts. All communications intended for publication In this pa;.r must, hi order to receive attention, be accompanied by the camt und address of, tho writer. Rejected manuscripts will not t returned unlets postage U inclosed for that purpose. Entered as second-class matter at Indianapoll. Ind. postotr.ee. THE INDIANAPOLIS JOl'HNAL Can be found at the following places: NEW YORK Astor Houe. CHICAGO Palmer House. P. O. News Co.. T17 Dearborn street. Auditorium Annex Hotel. Dearborn Statloa News Stand. CINCINNATI-J. treet. K. Hawley & Co., HI Vine LOUISVILLE C. T. Deerin. northwest corner of Third and Jefferson streets Louisville Look Co.. 21 Fourth avenue, and Llaufeid Lros.. ill West "Market stress. BT. IXDUIS Union News Company, Unlcn Depot. WASHINGTON. D. C, RIxks House. Ebbltt House. Fairfax Hotel. Wll.ard HoteL DENVER. COL.-Louthian & Jackson. Fifteenth and Lawrence streets. DAYTON. C J. V. Wilkle, 2D So. Jefferson street. COLUMBUS. O.-VUduct Newi btand. 3S1 High treet. The failure of Congress to discharge a plain duty towards Cuba will be a lame conclusion to our otherwise splendid record. The call for the miners' convention Is put a month away, evidently in the expectation that something will be done to end the present strike. The Republican press generally regards the resolution of Senator Elkins. looking to the annexation of Cuba, as a wanton affront to a friendly people. If the new fad for treating consumption by sleeping cut of doors becomes general there probably will be a large increase in the eath list in thH State. Where one rerson might thrive on the treatment a score would succumb. Since the declaration of peace in South Africa it comes out that there were about 50,000 Boers in the field at the beginning of the war. This is several times as many as it was supposed they could muster, but there were three generation? of them bearing arms. The tragedies of everyday life do not often furnish a more pathetic incident than tint which has Just occurred in this citv Ol a mother surrendering her eon to the mi'itary authorities to receive his punishment as a deserter from the army. In all Its circumstances th? case calls for executive cl?rnenev. The national convention of ' the United Mine Workers called to meet in this city on July 17 will be one of the largest in numbers and most important in questions considered ever held by the coal miners. It is to be hoped that control of the convention may not fall into the hands of the radical element. The Illinois Democrats declare that they are In favcr of "true American expansion." but "opposed to the British system of colonization." which they imply is being fastened on the Philippines. American history might be searched in vain for a better demonstration of American principles and methods than is now being given there. "When our work is complete it will be a new statue of liberty enlightening the world. It is said that King Edward may Include Mrs. Florence Maybrick in the list of prisoners to be pardoned in commemoration of his coronation. She has now been in prison thirteen yeirs. having been arrested, tried and condemned to death in August, lSO, for the allege 1 murder of her husband. Her sentence was commuted to imprisonment for life on the ground that there was a reasonable doubt whether the death of her husband was caused by poison. A great number of prominent Americans have endeavored tu secure her pardon, but thus far without success. The Board of Public Vorks has acted wisely in opening the asphalt bids to all companies who claim or can give guarantee that they can do the work which is required. It may, and probably will, come about that the companies which use "trust" asphalt will get the contracts, but the Board of Public Works will "nave shown that It has made the proper effort to get the work done for the ciiy at the lowest prices, in doing this, there is reason to believe that the Boasi of Public Works is rsakirg a new- dparturo and is adopting busi.itrs methods. The state cf facts on which Dr. Ames, fou.- times major of Minneapolis, has been lndljted for bribery shows the demoralizing influence of politics in ome cases. The mayor wanted hl. secretary appointed sheriff to rill k vacancy, and proposed to three of the county commissioners to divide the lr.corne of the idr.ee. JJO.Oai a year, equally between them and the incumbent of the office if they woull vote for him. Dr. Ames was a yurseon in the civil war and In private life has ben regarded as an honorable man. but the glamour of politics seems to have blinded him to the fact that he wrs making an indecent and corrupt proposition. The Illinois Democratic platform makers thought to escape Indorsement of the Kansas City platform of ) b- declaring for the fundamental principles of the Democratic party "as repeatedly affirmed at past Democratic conventions." This permits those, who can find principle In the Chicago platform to indorse that, and those whi prefer the Cleveland declaration for gold and silver money of equal Intrinsic value can cling to that. Even if a fewfind the true Democratic principles In the declaration that "tho fratricidal war to save

the Union is a failure," they can take that. In fact, every kind of Democrat can find a platform of Democratic principles according to the foregoing declaration. TIIE I.NTEHI R1IAN RAILWAY SITI ATIO. The interurban railway situation has developed some interesting questions, the right settlement of which calls for careful consideration and cautious action. The Interests involved are important even now, and likely to become much more so with the development of the electric railway system which Is sure to come within the next few years. Considering the location of this

city and the general character of the surrounding country, It Is not unlikely that the next decade may see it the most important electric railway center In the country. It is highly Important, therefore, that the status of the lines and their relation to the city should be correctly defined at the beginning. The interurban lines arc destined to prove valuable factors in the development of the country and feeders to the city, and thej' are entitled to the largest degree of liberal treatment consistent with municipal and popular rights. The questions now under consideration relate to tha carrying of freight by the interurban lines, the points being, first, whether they have a right to haul freight at all; second, if so, whether they may haul it over the tracks of the Indianapolis street-railway within the city. While the carrying of passengers will probably be their main business, the public interests require that they should also be permitted to carry freight, and such seems to have been the Intention of the law authorizing their construction. It authorizes them to "take, transport, carry and convey persons and property." The term "property" covers all kinds of freight, and there is no restriction on this construction in any other part of the law. If the Legislature had intended to restrict the operations of interurban roads to passenger traffic it could easilj have done so. but, on the contrary, it used language which cannot be construed in any other way than as meaning freight as well as passengers'. The right of the interurban roads to carry freight from town to town seems, therefore, to be clear, and the public Interests require that it should be asserted and maintained. The right of the interurban roads to haul freight over the tracks of the Indianapolis company within the city is extremely doubtful. The city company itself has not that right, without the express consent and approval of the Board of Public Works. Otherwise its charter rights are confined to passenger traffic. Even if the Indianapolis company had a right to carry freight, it is doubtful if it could extend the right to an interurban company using its tracks. The law authorizing the use of such tracks says: Any company so contracting with said city shall permit the use of its track or tracks by any incorporated suburban or interurban railroad company from the corporate limits, or from the nearest connecting, point within the corporate limits of such city to some central point in such cit for the purpose of discharging and receiving passengers, with the right of such company to run its cars thereon to some loop and return thereon out of said city, whenever such use has been permitted by the Board of Public Works and Common Council of said city by contract approved by ordinance. This is the only provision of the State law authorizing the use of city tracks by an interurban line, and it clearly restricts such use to passenger traffic. The city ordi nance ratifying the contract between the Board of Public Works and the Union Traction Company authorizes the latter to carry passenger?, express matter, baggage and freight on its cars "in and upon the streets of the city of Indianapolis," but it is doubtful if the city could authorize an interurban company to use the tracks of the city company for a purpos from which that company is itself barred, and which the Legislature did not include in its grant of power relative to the use of citj- streets. As the law now stands, it seems clear that both companies and all companies are barred from hauling freight over or through the city streets, and equally clear that the interurban companies have a right to haul freight from town to town. The conclusion would seem to be that the latter should be required to establish freight terminal stations at such points as will not necessitate tho use of the city company's lines for freight. If this is inconvenient it is because the law fails to make different provisions. The difficulty could be quicklysolved by the Legislature, and ought to be in the interest of interurban electric line freight business. The development of this business is likely to be tho great feature of the next few decades, and nothing should be allowed to hinder or retard it. THE QUANTITATIV!" THEORY OF MOXKV. There is a plank in the platform adopted by the last Democratic convention in this State which does not seem to have received the attention which its originality and profundity deserve. It was the resolution relating to the currency question. The state platform of 1S03 declared that "We are in favor of the free and unlimited coin age of both gold and silver at the existing ratio cf K to 1, without the aid or consent of any other nation." The platform of 1000 Indorsed the Chicago platform and instructed the Indiana delegates to the Kansas C'ty convention to vote for William J. Bryan. This was a reiteration of the demand for the free and unlimited coinage of silver at the ratio of 16 to 1. The platform recently adopted says: We recognize as an economic fact the Increase of standard money arising from the vast increased production of gold, from cur own and foreign mines, and the prodigious influx of foreign gold into this countrj-. as a result of an exceptional demand for our products, arising from foreign wars and other causes, and we point to the results consequent upon this increase of the circulating medium as a demonstration of the truth of the quantitative theory of money. This resolution is chiefly remarkable for the dexteritj' with which it transfers the support of the Indiana Democracy from the free and unlimited coinage of silver at IS to 1 to that of the quantitative theory of monej'. It would seem that this was what they really meant in lS and in IOöo, but they did not know exactly how- to express themselves. What they wished to do all the time was to declare their allegiance to the quantitative theorj of money and their faith in its ultimate triumph, but the platform makers of 1VS and lf'X) either did not catch the true spirit of the party or they blundered in their attempt to express it. There Is ro telling what might have happened if thej had hit upon th1 quant-:a-tlve theory of money a few years sooner. Perhaps they might have carried the State In 13S and 1. instead of losing it. The new expression has the great advantage that whereas the expression 15 to 1 was Intended to convey the idea of & quantity

of money It required a great deal of explanation to make the average Democrat see it, whereas the new expression carries its explanation on Its face. Thus the recent resolution makes it appear that the Democratic contention of and lSOO for the free and unlimited coinage of silver at 1 to 1 has been completely vindicated by the increase of gold and the demonstration of the truth of the quantitative theory of money. Persons with memories extending back a few years may remember that in the campaigns of 1SC-6 to r0 Republicans contended that the way to Increase the circulation of the country was bj' maintaining the gold standard and establishing confidence, thus causing money to come out of its hiding places, promoting prosperity and drawing gold from abroad. Thi3 Is what has happened, and it Is a splendid vindication of the Republican contention. The Indiana Democracy recognize It as an economic fact it is something gained for them to recognize an economic fact when they meet it "coming up the road" but they see in It only a demonstration of the truth of the quantitative theory of money, and. Incidentally, of the correctness of their position in advocating the free and unlimited coinage of silver at the ratio of 16 to 1.

A CA LA 31 IT V T 1 1 It I " AT C 11 Ü , It is most sincerely hoped, for the good of the whole country, that before the convention of the coal organizations shall meet to consider a general strike that some influence will appear sufficiently powerful to arrest such a calamity. The closing of all the coal mines would mean the stop ping of all industries within a few days after such action should be resolved upon. Hundreds of thousands of people who are now earning good wage3 would be without emploj-mcnt and the means to support those dependent upon them. In a brief period after the closing of the mines not a car of food could be shipped and the large cities would In a few days be face to face with famine. All would suffer, but those would suffer most who purchase food from day to daj Business would be prostrated and all the prospects of another season of prosperity with good wages and fuil employment put In Jeopardy. To most people It seems that such a procedure would be regarded as reckless and unwarranted by the leaders of the coal miners' organizations. Even if they do not regard the effect the closing of all the mines would have upon the business of the country, their sympathy for union labor generally should lead them to pause a long time before placing the labor of the country where it cannot earn money with which to buj' bread, and in a condition where there can be no food to be purchased. It is yet believed that some compromise will be agreed upon before the miners resort to such an unmeasured calamity. Thus far public sentiment is on the side of the miners in the anthracite strike, and it is yet possible that powerful influence will be employed to bring that strike to an end, but if they are not, It would not be a remedy to close factories and slop transportation throughout the country to force a few anthracite mine owners to terms In Pennsylvania, since they would suffer less than the hundreds of thousands of people. Attention is called to this meeting of the larger coal organizations, not so much in the fear that' such a calamity may be brought upon the country as the closing of all the coal mines, as to indicate the totality of such a calamity with a view to opening the eyes of the people to it, that every Influence may be brought to bear to prevent even the consideration of it as a remedy for a local and temporary evil. WAIIASH'S MEMORIAL TADLET. If Wabash College had made no other record, that which she has recorded upon the tablet unveiled on Tuesday in honor of her sons who went forth to save the Union would be sufficient. It is a long list of names for an institution whose honorable record is not in its long list of graduates. The 210 names must constitute a large percentage of the graduates and the undergraduates of the war age at the date which they responded to the country's call. Doubtless the faculty of Wabash, as did the teachers of many other of the smaller Institutions at that time, felt that scarcely enough men remained to make teaching worth while. Those who will look over the records of the smaller colleges of the country will be surprised to discover that they suffered greater loss than other institutions in proportion to their numbers. It may be safely added that none of these colleges suffered a greater loss because of the patriotic valor of graduates and students than did Wabash. It Is a record to be more than proud of; indeed, it is one for which all friends of Wabash should be profoundly thankful. That such is the sentiment of subsequent graduates is shown by the erec tion of the tablet mainly by men to whom the war for the Union is the memory of childhood or a fact in history. The long list of Wabash's sons who fought for the Union shows how positive and unanimous was th? sentiment of the college for the prosecution of the war. If the State had been as unanimous, had those who shape puuuc oyuuon uftu a jjutiiivt' lur nie Union as were the faculty and the students of Wabash the war would have been short er and history would have no dark pages in that era. Th- nature of the exercises on Tuesday showed that the patriotic act and con science of Wabash was right in 1SC1. The country to-day and the world even ap proves the cause to which she gave her son?. There was doubt about It in 1S61 and more doubt in lv. but there is none now. Even those who survive after protesting against the war to which Wabash made so valuable a contribution now approve the result. Even those who criticised Lincoln in those days arplaud him now. So, with all other causes for congratulation, Wabash can congratulate itself to-day that in the uncertain and dark days of 1SG1 and 1S(12 the college was rUht and true. The full proceedings of the Democratic convention in Illinois seem to indicate that it was a meeting to determine which was the bet man, ex-Mayor John P. Hopkins, of Chicago, who voted against Mr. Bryan in lS:ti, or th present Major Harrison. On the vote Hopkins was declared the state leader. The language u.-ed by the two men when they met, pjrticuiarly by Hopkins, was animated. Here is a part of what the e x-m.iyor of Chicago said to the present mayor cf that city: You talk about Doodle, you little pinhead; vou never got an honest dollar in your life. What money you have, you have either got by inheritance or from levies on the shame of fallen womia and every form of vice.

What money you inherited came from vice and prostitution or the sale of franchises. You have been the beneficiary of every alley stub job and everv corrupt paving contract that has gone through the City Council since you have been mayor. ou talk about boodlers you cheap thief! xou have not a friend in the convention except your pay roll gang, and vou dare not carry your fight on me into that convention, because yo i know I can produce the men right here to prove what I say atout you. And yet, while Mr. Hopkins was denouncing Mr. Bryan in 1KS, Mr. Harrison was presented as the most promising young Democrat in the West, sure to be a candidate for President. William J. Bryan was one of the speakers at the recent unveiling of a statue to the late Hon. Richard P. Bland, of Missouri. Mr. Bland, it will be remembered, was an ardent silver man. In the course of his speech Mr. Bryan said: That he was right In his silver views is attested by a recent admission by Baron Rothschild, of London, to the effect that but for the recent unexpected discovery of

gold and the addition of J5u0.wu.iw to our volume of gold coin, a consummation neither foreseen nor desired by the goldstandard advocates, both Europe and America must have ere this been forced to return to the bimetallic standard. Mr. Brj-an may not have manufactured this statement and put it into Baron Rothchlld's mouth, but the chances are that his only authority for It Is the uncorroborated statement of some obscure paper. It Is not likely there will be serious ob jection to reopening and reconsidering the matter of taxing the cars of the interurban lines. The city will derive a considerable amount in the way of taxes levied on the proposed Interurban terminal stations, and if the companies regard the car tax as unjust the city can afford to rescind It, thus putting the electric lines, so far as taxation Is concerned, on an equality with the steam roads. THE HUMORISTS. An Expert. New York Sun. Fenfield Which Is the best writer of fiction those publishers have? Merritt The fellow who writes their book ad vertisements. A Monetary Choice. Smart Set. "Which do you like better money or nobll ity?" "Well, I- love a dollar, but I worship a sov ereign!" Couldn't Have Seen. Town and Countrj. Miss Eastside This is a lovely gown, but I haven't seen It before? Miss Westslde No, I think not; I have only worn it at a very few smart affairs thts sea ton. Dig: F names. Baltimore American. "Speaking: of grrat fusses," said the Kansas gentleman to the English visitor, "you folks In London have your coronation, but we have our Carrie Nation, and she Is not a one-day-only affair, I can tell j-ou that." No Trouble for Her. Chleapo Post. "You had some trouble, I believe," remarked the neighbor. "Niver a bit," retorted Mrs. Clancj', who had proved victor In a disagreement with her hus band. 'Twas Clancy had all th throuble." Terrible to Think Of. Chicago Record-Herald. "What makes you look so sad and solemn?" "A man told me this morning that I looked JuFt like J. Plerpont Morgan." "But why do you allow that to trouble you?" "I was Just thinking what a horrible victim of wrong I was if maybe him and me got changed In our cradles when we were babies." TRADE WITH MALTA. Some SupTKent ion to Americans Seek ing for Business There. American Trade. A firm of importers in Valetta, Malta, in a letter to the National Association of Manu facturers makes the following statements with regard to American exports to that Island: "We are alreadj' importing several articles from the United States, and much more may be done when manufacturers are willing to do business direct with us to avoid commissions to export merchants and in some cases also loss of discounts, which obstacles are rendering business imprac tlcabie on our side. For example, a few days ago we have had a demand for cotton seed oil and wired to our correspondent in New York for actual prices. When these were received and all expenses calculated, also a commission of 2'2 per cent., we found that the difference from prices quoted hero was only of 1 Vb per cent., making it impossible for us to accept. Neither is it favorable to us merchants in the Mediterranean to pay against bill of lading in New York, in London or in Paris, as we have no correspondence with bankers In those places, but with the local ones onlj' which are of first standing. If the American manufacturers will accommodate us on these points much good business could be done, as it has long been done with the continent and England. Another point we beg to submit, and that is, that it is the custom here not to commence business with a new firm, and especially with a new country, with big orders, but with trial ones, which being satisfactory are followed bj- bigger ones. "Two lines of steamers are now running direct between New York and Malta, namely, the vessels of Messrs. Phelps Bros. & Co. and the Hamburg-American line, and as they compete with each other a cheap rate of freight is quoted, affording American manufacturers excellent facilities for competing for the trade of the Island. Maltese merchants, as a rule, expect goods to be quoted c. i. f. Malta. "Another thing we beg to point out is. that as the introduction of new goods or the goods of new or loeallj- unknown firms costs us much trouble and the customers are the same for all competitors, it Is expected that a manufacturer will give exclusive agencies to insure the best results, especially in the case of American firms which make a practice of stamping their goods with their names and addresses." Theolosy in the Background. New Y'ork Evening Sun. Just as there were kings before Agamemnon, so there were young college presidents before Dr. Woodrow Wilson! of Princeton. Dr. Eliot, of Harvard, reached the purple in his youth. The most notable thing about the election of yesterday is that it represents the abandonment of a tradition. Dr. Patton, a notable churchman, in stepping down and out. instead of indicating a fellow-laborer in the field of dread theology, pointed out the young professor of Jurisprudence and politics, who Is incidentally the most popular member of the facultj-. and said: "He is a good man. Take him." No sooner said than done. Before he knew that there was a vacancy at the top Professor Wilson was "it." The rapid change is enough to make the members of the Theoiogical Seminary rub their eyes and wonder w here they are at. But. as a matter of fact, the selection is consistent with the spirit of the tlm-s. The universities are losing their theological tine. Princeton is only treading in the footsteps of Yale, which made Profess r Hadley. a layman, its head. If the New Jersey college docs as well under its new boss as it did under Dr. Patton all will be well. We wish Dr. Wilson a long reign and a prosperous and peaceful one. Miss Stone Won't Testify. Chicago Record-Herald. Without the testimony of Miss Stone, the prosecuting witness, r will be impossible for the United States to make out a case for indemnity or any other claim against either Turkey 0r Bulgaria, and until she is willing to give her evidence the testimony of others 1 of little value. Three month have passed rince her rescue, and the ha a shown no disposition to do so.

NO ACTION BY CAUCUS

REPUBLICAN SCXATOnS STILL AT SEA OX CUBAN' RECIPROCITY. Slany Short Speechen Made nt Lnst Night's Meetlnff, but Apparently Without Effect. SEVENTEEN BEET-SUGAR MEN ANNOUNCED THEY WOULD NOT VOTE FOR CONCESSIONS TO CUBA. Another Conference to Be Held Fri day Night-Little Possibility of Action by Congress. WASHINGTON. June lS.-The Republican senators held a conference to-night on the subject of Cuban reciprocity, and, after a flood of short speeches, adjourned until next Friday without action of any sort. Seventeen senators, one after another, announced unalterable opposition to a reduction of the duty on Cuban sugars, and announcement was made that two others not present stood with them. Senators Piatt of Connecticut, and Spooner, of Wisconsin, took the lead In behalf of the proposed legislation and endeavored to convince the beet-sugar senators that the measure they had framed jointly would not injure any American Interest, but their speeches made no Impression on the opposition and the conference adjourned until Friday at the desire of the friends of Cuban reciprocity In order that they might have a last opportunity to try to agree on a measure that the beet-sugar senators will accept. It was the general opinion after the conference that this session of Congress would adjourn without Cuban reciprocity legislation of any sort. The meeting was held in the marble room, just off the Senate chamber. When, at S o'clock. Senator Allison, as chairman of the caucus, called the meeting to order all the Republican senators, with six exceptions, were present. Four of the six absentees were out of the city. The six senators who were not present were Messrs. Depew, Dolliver, Frye. Kcarns and Simon. Senator Wellington, who has not acted with his party for the past two years, was among those in attendance and was among the first to present himself. , The conference was preceded by two meetings to which some signifieane was attached. The first of these was a gathering of the Republican steering committee, and the second a dinner given bySenator Burrows in his committee room to the beet sugar senators. The steering committee discussed nothing but the order of business in the Senate and decided to recommend that the reciprocity bill be made the unfinished business after the disposal to-morrow of the isthmian canal bill, subject, of course, to the action of tonight's conference. This is as far as the committee felt that it could go indicating its opinion to the conference, but this was accepted as a pronouncement favorable to the proposed legislation. BEET SUGAR "REBELS." The Burrows dinner was attended by seventeen of the nineteen senators who are pledged to opposition to the reciprocity bill. There was no effort to transform the dinner Into a conference, but the senators present gathered in small groups for the discussion of the situation. A poll led to the announcement that one-third of the Republican membership of the Senate was present at the dinner, that eleven States were represented and that they were as firmly united as they ever had been. Senator Allison made a brief address in calling the conference to order and he was followed by Senator Piatt, .of Connecticut, and Senator Burrows, of Michigan, for and against tariff reduction. Senator Allison pleaded for harmony, good feeling and a solid party front. Senator Piatt explained the standpoint of those who favor a reduction of the tariff on Cuban goods, saying that the proposed reduction was in the direct line of policy which had been outlined by President. McKinley and as faithfully presented by President Roosevelt. He dwelt somewhat on the necessity of preserving cordial relations with the Cuban people and advocated the bill which was yesterday promulgated by the Republican members of the Cuban committee, which bill was the joint product of himself and Senator Spooner. Senator Burrows presented the opposite view, speaking for the beet-sugar advocates. He contended for the regularity from a Republican and a protective standpoint of the position of the beet-sugar men. He said they were not opposed to doing something for Cuba, but they did not believe it necessary to reduce the tariff for that purpose, or if necessary to take that step, that the entire burden should fall on the one industry of farming. He argued that the beet-sugar men were the real protectionists. BEET-SUGAR MEN SPOKE. The discussion continued until the conference adjourned at 10:45 to meet on the adjournment of the Senate on Friday afternoon. No conclusion was reached, but the opinion was expressed, even by those who would vote for a reciprocitj- bill, that there was little possibility of passing such a measure at this session of Congress. The seventeen beet-sugar senators present each made a speech, saying that he would not support the Spooner bill or any measure of that character. Statements were made for Senaters Simon, of Oregon, and Mason, of Illinois, to the effect that they thoroughly agreed with their colleagues in opposition to the reciprocity bill. The nineteen senators thus accounted for are: Perkins and Bard of California, Mitchell and Simon of Oregon. Foster of Washington. Gamble and Kittridge of South Dakota, Nelson and Ciapp of Minnesota, Dietrich and Millard of Nebraska, Elkins and Scott of West Virginia, Jones and Stewart of Nevada, Burton of Kansas. Burrows of Michigan, Mason of Illinois and Wellington of Maryland. At the conclusion of the speeches Senator Qua said what had been developed indicated that neither the original House bill nor the proposed Spooner substitute could pass, and he therefore moved an adjournment. Senator Dietrich suggested that the conference might as well adjourn sine die, but this received no encouragement. Senator Foraker said there were thirty other Republicans who had not been heard from, and it would be well for them to express their opinions even if there should be no one to listen to them. He took occasion to say that he admired the organization of the beet sugar Republicans which had been shown in the course of the evening. Senator Piatt, of Connecticut, in his speech early in the evening insisted that the proposed substitute for the House bill would not harm the beet sugar interests, and said that tf he thought so he would not be for it. He also went into the subject of the relations of the United States with Cuba and dwelt on the fact that there had been an Implied promise of tariff concessions for Cuban products. Senator Burrows in the course of his reply said the ostensible purpose of the proposed reciprocitj' measure was to benefit a foreign country, but that its real purpose would be to benefit the largest purchaser of rawsugar, ana mat tne concession granted would not go to the Cuban planter, but to the consumer of raw sugar in the United States the sugar trust. REBATE FAVORED BY ELKINS. Senator Elkins said he thought it unwise and inexpedient to attempt to revise the tariff on any particular schedule, and declared there was no necessity of doing anything more for Cuba, and that the island would be prosperous under its new conditions. He said that the best method to aid Cuba, if such aid was granted at all. was a rebate paid directly into the Cuban treasurj'. Senator Mitchell said that the Republican party had always been a unit on the subject of protection, and this first division had grown out of an attempt to reduce the duty on one tingle product, lie said that nineteen senators from twelve States,

eleven of which produced beet sugar, protested against this method of revising the tariff. As Republicans they were in favor of reciprocity of the kind advocated by McKinley, and which he understood to be an exchange of the surplus products of this country for the products of other countries which did not enter Into competition with any of the products of the United States. Senator Dietrich made quite the most vigorous speech of the evening, declaring his opposition to any proposed concession. Senator Spooner made a conciliatory speech, urging the importance of the Republicans agreeing, if possible and expressing the opinion that American industries would not be Injured b" the small concession it was proposed to grant to Cuba, and intimating that it would meet a demand that something should be done for the republic. The other beet sugar senators whose names are given above expressed themselves much in the same line as their predecessors, and declared unalterable opposition to the reciprocity bill.

It is understood to be the purpose of the senators still favoring reciprocity to con sider what if anything can be done before the conference meets o?aln. by which thej can secure a co-operation of the beet sugar senators. Senator Mason, of Illinois, attended the conference, but left early. COJHRG FALL FESTIVAL INCORPORATORS OF THE NEW AS SOCIATION HOLD A 31EET1NG. There Will Re No Street Fair Nor Car nival and No Cheap Midway Shorn The General Plan. "You can say there will be no street fair or street carnival given by us the coming fall," said George W. Bliss, president of the Merchants' Fall Festival and Society Horse Show Association, j-esterdaj. Re garding the plans for the fall festival Mr. Bliss said the association has taken no definite steps toward arranging a pro gramme or the class of attractions to be offered, but whatever will be given will be on a moro elaborate scale than any previous show. The incorporators of the association met at the Commercial Club yesterday morning and elected the following directors: George W. Bliss, Hugh J. McGowan, Frederic M. Ayres. H. P. Wasson, George A. Gay, John J. Appel, E. K. Chapman, Adolf Schleich er, II. F. Hackedorn. Charles Mayer of Charles Mayer öc Co.. and Mortimer Lever ing. The officers are: George W. Bliss, president; Hugh J. McGowan, first vice president; ii. t. Hacketiorn. second vice president; Mortimer Leveringr, treasurer. and John T. Saulter, tecretary. The date of next fall's show will be from Oct.-13 to Oct. IS, Inclusive. The association alreadj- has secured 115,000 In subscriptions, and with this amount will give a very elab orate week's entertainment. Plans for the festival were discussed informallj-, but nothing definite was arranged. "e are going to keep as rar away as possible from anything given last j-ear or the year before, said Secretarj' Saulter. "There will be none of the cheap sideshows and like entertainments, but whatever is arranged will be new and novel and elaborate. We believe that to attract the peo ple to this city from throughout the State it will be necessary to give something new-. as nearly every small town has had many of the attractions seen on the 'Midway last fall. There probably will be elaborate floral, industrial and grotesque parades. The principal attraction, however, will be the horse show, at which the finest bred horses in the country will be exhibited. Such shows are great society events in Chicago and New York, and we hope to make them very attractive In this city, We have several sites under consideration for holding the show, but have not as yet made a selection." CAPITAL OF $1,000,000 RECOMMENDATION OF AMERICAN NATIONAL IlANKl DIRECTORS. Nctt Interests to lie Given a Chance to Enter Union Trust pany's Affairs. ComThe American National Bank began bus iness on Feb. 4, 1901. with a capital of $250,000. A few months later the capital was increased to $250,000. and now the directors recommend that it be raised to $1.000.000. A $150,0 increase recently recommended was nearly all taken by the old stockhold ers, though the directors wished to give new Interests an opportunity to enter the business. This purpose will be served bjthe increa of $050,000, which will be voted on bj- the stockholders June 24. The di rectors-Hervey Bates. Hervey Bates, Jr., William Dugdale, Frank W. Lewis, Herman Lieber. Albert 1. M.trr .Tnhn r. p - - --.'..wQ-va V a A V. S rin, J. C. Schaf and Henry Severin rec ommend in a letter to the stockholders: "That the capital be increased in the sum of $630.000, making the total capital $1,00).. SYjL."k . A I A- 1 . I i, mai in iifw mock De issuea at a price to make the total surplus approxi mately jltw.uw, viz.. at llZo per share to

old and new shareholders alike; that the an Isthmian canal, probably by the Nlcashareholders of record, July 15. LX2 be . . .u . . .1 - given the right to subscribe on or before ragua roule- caut at that .time no other

July 13. 1Du2. for one share of new stock for every share of present stock held. tnus enaoung eacn to double his present holdings, and leaving $3XuuO to be placed with new shareholders; that subscriptions ror new stock be payable on or before Aug. 1, 11)02. the privilege being given of making payments 20 per cent. Aus-. 1. liMjz, (j per cent. sept. l. lioi', 20 per cent Oct. 1. 'J) per cent. Nov. 1, 1IKJ2, and 20 per cent. Dec. 1. Yj02. with 5 per cent in - terest after Aug. 1, 1302. "The status of the stock thus Increased would be approximately as follows: New stock Premiums at $125 per share Present capital Present surplus and profits about. 362.500 CVJ.fnjO 27.500 Total $1,130.000 Of the bank's business the directors say "in its sixteen months existence this bank has made a record unprecedented In the banking history of cities of 200.V inhabitants. Deposits already approximate against which unusual reserves have always been carried, the recent ex amination by the American Audit Company, of New York, showing quick assets in excess or h) per c-nt. While aggres sive, its poncy nas been conservative. Not a dollar of doubtful paper is carried in the bank s nve assets. UNION TRUST COMPANY Directors Report to Stockholders Last Year's Profit Was SILOOO. The stockholders of the Union Trust Company held their annual meeting j-ester-day morning and elected the following directors: A. A. Barnes, C. H. Brownell. Thomas C. Daj-, Henry Eitel. I. C. Elston, William A. Guthrie. Addison C. Harris. John H. Holliday, Volney T. Malott. Augustus L. Mason, Edward L. McKee and Samuel E. Rauh. The directors met in the afternoon and re-elected the following officers: John H. Holliday. president: Henry Eitel, vice president; Charles S. McCrid.-. secretary, and H. M. Foltz. treasurer. J. K. Scott presided over the stockholders' meeting, which was held in the assembly room in the unfinished new quarters of the companj-. and Merrill Moores was secretary. The directors' report showed that the profits of the fiscal year ending May 21 were $S2.101.C1. an increase over th preceding year of $ls.ri3H.C0. Out of this amount the regular dividend of 5 per cent, was declared, SiO.oou was added to the furplus fund, making it $250.0 0. and $tl.Cöl.01 was added to the undivided profits, making them 512.151.'5. The number of trusts Increased forty-seven during the year. The receipts of the trust department were sufficient to pay all of the e xpen.s of the business and to contribute Ji,D? to the profits. Work on the new quarters of the company Is progressing rapidly and the tcms will soon be ready for occupancy. An dltion has been made at the rear of tha company's building.

SPOONER AND

BANNA

SPEAK IX FAVOR OF TIIE PANAMA ISTHMIAN CANAL ROUTE. Tho Notnblc Addresses Mark the Last Dny of (icnernl IJebnle on the AVnteruny Question. VOTE WILL BE TAKEN TO-DAY TRIBUTE 11 Y THE WISCONSIN SENA TOR TO JOHN T. MORGAN, Whose Name Will Pan Into History as "Fiithcr of the Canal" Features of the Dinciisslon. WASHINGTON', June lS.-Interest in tha Isthmian canal question increases as the time for a final vote in the Senate approaches. To-morrow at 2 o'clock tha voting on the amendments to the pending Nicaraguan canal bill will begin, and x final disposition of the matter is expected to be reached soon afterward. The Senat to-day devoted rracticallj its entire session to consideration of the canal question. Extended speeches were delivered by Mr. Spooner, of Wisconsin, and Mr. Ilanna, cf Ohio, in advocacj- of the adoption of thej Panama route, and Mr. Pcttus, of Alabama, advocated the selection of the Nicaragua route. Mr. Teller, of Colorado, briefly announced his support of the Panama project, while Mr. Jones, of Arkansas, indi cated hi3 leanings toward the same route. When the Senate convened Mr. Allison. called up the House resolution providing that the conference committee on the sundry civil appropriation bill be authorized to consider and recommend the Inclusion, of necessary appropriations to carry out the several objects authorized in the omnibus rubllc buildings bill, and it was agreed to. The bill to restore to the active list of the navy Gen. John Walton Ross as medical director was passed. In the course of his speech on the canal bill Mr. Spooner paid a cordial tribute to the energy, ability and earnestness with which Mr. Morgan had advocated an isthmian canal, and added that Mr. Morgan's name would appear in history as the father of the canal. Mr. Morgan said he bowed his acknowledgmsnts for the beautiful compliment, but he was not depending upon his Judgment In the matter. A MATTER OF IMPORTANCE. Mr. Spooner suggekted that a matter of infinite consequence to his mind was the difference in the length of the two routesone forty-nine miles and the other 1S3 miles long. The shorter canal the Panama he thought was the better. He contended that the Panama canal could be operated much more cheaply than the Nicaragua and that. In its operation, sailing ships not only would not be barred, as had been suggested, but could pass through the canal with, a tug in one day. In presenting his substitute, Mr. Spoonrr said It was his purpose to place before tho Senate a bill based upon the commission's report. First, that the Panama canal was practicable; second, that the Nicaragua, canal was feasible and practicable, ami, third, that the Panama route was the better for the United States. In response to a suggestion of Mr. Morgan that the opening ot negotiations with, Colombia would render void the rights of the United States with Nicaragua and Costa Rica, Mr. Spooner pointed out th constitutional inability of Costa Rica to negotiate on the subject with the United States. Mr. Morgan offered a note he had just received from the minister of Costa Rica, saying that he was authorized bj- his government to sign a treaty for a canal substantially as presented to the Senate. "These diplomatic notes." replied Mr. Spooner. "are coming so fast that it Is a little difficult to keep up with them." Private notes, however, did not make treaties, and he held that Costa Rica could not maka such a treaty with this countrj'. Mr. Ilanna, in the closing argument In support of the adoption of the Panama route, said the members of the Isthmian canal commission had been appointed because of their abilltj-, integrity and engineering skill, and he presented answers to questions he had propounded to them, the answers being particularly in favor of the Tanama route. He maintained that both the Panama and Nicaragua routes were perfectly feasible and practicable, but said the preponderance of the evidence In hand was in favor of Panama. Mr. Hanna expressed the belief that sail ing vessels would not use anj- canal that might be constructed on account of tha heavy price of towing, but said If a sailing vessel did use a canal it would prefer the Panama canal, because it was so much shorter than the Nicaragua route. HANNA ON M'KINLEY'S ATTITUDE. Mr. Hanna, in answer to some argumenta of Mr. Morgan, then stated what he knew personally of the attitude of the late President McKinley. Mr. McKinley had favon-d, route was thought practicable. He quoted Mr. McKinley as saying to him: "We must not go so fast in this canal question now. We do not know and cannot tell now what route will be selected." Mr. Ilanna said Mr. McKinley keenly appreciated the responsibilities of his selection of a canal commission, and had said to him. Just before the Philadelphia 1 convention: "It will not be wise to declare in tavor of the Nicarague canal, as we have tJone before; btcau.-e I am jusi now appointing a commission of ability and in tegrity to investigate all routes, ana us report will be binding upon all of us." While Mr. Hanna was discussing the finding of the commission he mentioned the Darien, or San Bias route. "If vou want a sea level canal, interjected'Mr. Scott, "a canal that can be built for one-third of the inon.y any other route will cost, you must take the Darien route. This statement precipitated a colloquy a a to the San Bias route. Mr. Scott made a brief argument in support of that route-, along the lines ot the resolution he ofrrrd several weeks Pgo. Mr. Elkins agreed with him and as-ked how a vote could be had n it. "I will tell vou how to get a vote on tne Darirn reute. Interjected Mr. Mitch 11, "and that is to vote down the Spooner substitute." "In other words." pit In Mr. Spooner, facetiously. " "will you come into my parlor, said the spider to the fly " Mr. Hanna deeiartd that If any concessions for the San Bias route were obtained they would have to be got from the Panama Canal Company, which controlled them. In conclusion Mr. Hanna said he never h;id intended that the name of Mr. McKinley should be brought into the dehnte to b-3 conjured with to obtain votes. With some heat he resented the suggestion that he and those senators who were adocating the rar.ama route were actuated by any other than proper and patriotic motives. They believed that the Panama route was the most practicable route, and he thoußht it a roor cause which Inspired men with the motive to make such ln.'inuations. Mr. Hawley read from a document to show thst the cllrnat" at Panama was of s deadly nature, and insisted that on that account the United States should not sMcct that route J. O. V. A. M. Ofllcers. MILWAUKEE. Wis... June 1 The Junior Order of the United American Mechanics decided to-c!ay to meet next year in San Francisco. The convention aI.o reat'lrmed all tne acts of tbe las'- mulonal council boaro of officers, which is a decided ktory for the administration force. Officers wer elected as follows: National counselor, George P.. Bowers. Pennsylvania; vice counselor. James L. Cooper. Texas; secretary, l" S Deemer. Pennsylvania.; treasurer. J. Adam Sohl, of Maryland; conductor. E. R, Dillingham, of Georgia; warden. C. L. Place, of Rhode Island; Inside sentinel. J. M. lous'.aw. Wisconsin; outside sentinel, A. K. White. Vermon; beneficiary decree. R. J. Arrrstrong. Missouri; chaplain. Rev. IX. D. Lichltter. Pennsylvania.