Jasper County Democrat, Volume 4, Number 18, Rensselaer, Jasper County, 10 August 1901 — IN GENERAL [ARTICLE]

IN GENERAL

Venezuela has been invaded by an army of Colombians. Gov. Gen. Wood declares the outlook for Cuba is bright. Mexican troops killed Yaquis' chief and fourteen braves near Potam. Forty-sev-en Indians were captured. President McKinley has accepted an invitation to attend the national G. A. R. encampment at Cleveland. Hugh McKellar, deputy minister of agriculture, estimates the yield of wheat in Manitoba and the Northwest territory for this year at from 55,090,000 to 90,000,000 bushels. Helen M. Mears of Oshkosh, Wig., has been selected as the artist to model the statue of Frances E. Willard, which is to be placed by the State of Illinois in the national capital at Washington. Negotiations for a settlement of the steel strike are abandoned and a fight to the finish will ensue, Pierpont Morgan offered terms less favorable than at the first conference, and they were promptly rejected. Four lock gates were carried away in Cornwall, Out., canal, and navigation was suspended until they could he replaced. The water in the level, which is a mile long, flooded the surrounding land to a depth of seven feet. Tremendous damage lias been caused by fire to the forests in Northern Ontario and Quebec, especially in the neighborhood of the head waters of the Ottawa River and of its principal tributaries. In many districts the havoc wrought by the flames is complete. Owing to the efforts of the United States minister at Rio de Janeiro, Charles Page Bryan, proposed tariff charges prejudicial to American commerce and favored by British, Italian and Argentine interests have been defeated in the Brazilian congress. As a result of the decrease in the ocean freights from Montreal to Glasgow, London and Liverpool many vessels are leaving the St. Lawrence light. The dullness is attributed to the effect of the drought in the West and the advance in the price of corn, which causes the English buyers to hold off for a break in prices. “Continued favorable weather conditions have resulted iu the saving of much late planted corn, and in the Northwest ideal weather for spring wheat harvest has been enjoyed. As this is the point that business in all parts of the country has been most carefully watching, the general feeling is better than a week ago, although the disposition on both sides to settle the steel strike has not yet resulted in any agreement, aud the labor situation is thus kept prominent.” The foregoing G from the weekly trade review of R. G. Dun & Co. It continues: "Violent flucVuatious have marked the course of corn prices. The top point of the previous week was not regained, but traders on the short side of the market were compelled to cover nt a loss. Failures in July were 997 in number, against 793 last year, and $7,035,933 in amount of liabilities, agaiust $9,771,775 iu 1900.”