Jasper County Democrat, Volume 4, Number 39, Rensselaer, Jasper County, 4 January 1902 — IN GENERAL. [ARTICLE]

IN GENERAL.

Bradstreet's annual review of trade says prosperity is rampant in the United States and commerce has made the most gigantic strides. J. Newton Nlnd of Chicago and C. 0. Loriug of Boston are visiting furnituro manufacturers of the United States, promoting a national organization for mutual protection. The Lake Shore road has ordered an increase in wages of conductors, engineers, firemen, brnkemen and yardmen, operating east of Chiuago, to take effect shortly after the first of the year. The local express aud a working train on the Canudlan Pacific Railway collided between Sault Ste. Marie, Ont., and Webb wood while ruuning at full speed. Four men were killed aud several' were severely injured. . A new canal bid by the Panama company is forecasted in a private letter telling of a probable reduction of its sale price to $40,000,000. If such a tender is officially made the commission is likely to recommend acceptance and Nicaragua may lose. Grain shipping to Europe is at n standstill. Europe would tike corn, but America has uone to ship, because of the crop failure. Europe is drawing its wheat from other countries, and has so large au utnount on hand that 2 cents a buslud is the host freight rate that transatlantic lines cun get. China will be relieved of the payment of $18,000,000 of the $25,000,000 demanded by the United States of Chiua us indemnity for the outrages perpetrated upon American cltiaciis during the Hoxe> revolt of 1000. Thin action will be taken because the administration, after coustrttion of all the claims filed by Americans who suffered injury or whose property was damaged and the expenses incurred by the army and navy, has cetne to the conclusion thntffs7,ooo.ooo will certainly cover the American bill.