Jasper County Democrat, Volume 4, Number 7, Rensselaer, Jasper County, 25 May 1901 — IN GENERAL. [ARTICLE]

IN GENERAL.

Dangerous derelicts are reported by the steamers L’Aquitaine and Mesaba. Six thousand Kuthenian farmers are about to come to the United States. Steamer Federal and ship Louise Lament were lost in a storm on the Australian coast and forty-eight persons perished. National Piano Manufacturers’ Association elected E. S. Conway of Chicago president and W. B. Price of Chicago secretary. * Rear Admiral Evans of the board for the trial of the torpedo boat Barney reported that the trial had been a great success. There was a two hours’ run, and the Barney made au average speed of 29.1 knots per hour. The new torpedo boat Begley on her official trial run of two hours at sea developed an average speed of 29.2 knots, or 1.2 more than her contract called for. In the second hour it made 30 knots, and for five minutes attained 30.2 knots. About 50,000 machinists in all parts of the country have begun strike for ninehour day and increase of wages. Allied trades are affected iu ouly a few cities. At several industrial centers settlements with the union prevented walk-out. It is reported from Copenhagen that negotiations have been concluded with the United States by which the latter acquires the Danish West Indies. The purchase price agreed upon is $4,000,000. The Danes will trade under the same tariff as the Americans. Plans for a transportation system completely to encircle the globe are credited to President James J. Hill of the Great Northern and J. Pierpont Morgan of New York. It is stated that but a link to the chain is lacking and that before Mr. Morgan's return from Europe it will be supplied. Bradstreet’s says: “Aside from a quite perceptible increase of the spirit of unrest in labor circles there are few changes to record in the general trade or dustrial situation. Business at present the country over is of a seasonable reorder character with wholesalers in drygoods, clothing and similar lines, but the volume of business is fair for the season and collections are reported likewise. The basic facts underlying the situation continue largely of a favorable character. Notable in this respect is the crop situation, particularly for the cereals, which ia in a high degree promising. The backward spring and lack of rains in some sections have militated against the growth of cotton, but improvement noted even in this respect. The indnsl tries are active.