Richmond Palladium (Daily), Volume 35, Number 50, 28 December 1909 — Page 4
TITE KICH3IOXD PALLADIUM ASD SUX-TEMSCiKAM, TUESDAY, DECEMBER 28, 1900.
The Richmond Palladium
and Sin-Telegram-
Published and owned by the PALLADIUM PRINTING CO. Issued 7 days each week, evenings and Sunday morning;. Office Corner North th and A streets. Home Phone 1121.
RICHMOND. INDIANA. Radolah G. I,eed. Editor Charles H. Morgan . . . Maaafflas; Editor Carl Bernhardt Associate Editor V. R. Ponadstoae Xewi Editor. SUBSCRIPTION TERMS. In Richmond $5.00 per year (in advance) or 10c per week. MAIL SUBSCRIPTIONS. One year. In advance $5.00 Six months, in advance 2.60 One month. In advance 45 RURAL ROUTES. One year. In advance $2.50 fclje months, in advance 1.50 One month. In advance 25 Address changed as often as desired; both new and old addresses must be given. Subscribers will please remit with order, which should be given for a upeolflod term; name will not be entered until payment Is received.
Entered at Richmond, Indiana, post office as second class mall matter.
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Items Gathered in From Far and Near
Feeding the Poor, From the New York World. Thousands, tens of thousands, hundreds of thousands of Christmas dinners for the homeless, the destitute and the unfortunate. In every part of the country generous American hands are carrying Christmas cheer to those who can brine no Christmas cheer to themselves. If a clearing house of human misfortune were jxssible it is safe to say that in the whole United States not a man, woman or child would go to bed hungry tonight, for no parallel in all human history ran be found to the magnificent charity of the American people. A most inspiring picture it is and one of which most Americans are Justly proud; but what about the other side of it? What about the civilization that produces a submerged tenth? What about the economic conditions which maintain the necessity for this princely charity? It is easy enough to say that we shall always have the poor with us. It is easy enough to say that poverty is inevitable and that the weak and inefficient must always lag behind in the race of life. These are the commonplaces of the economist and the scientist, but they never reach the heart of the question.
The Christmas Spirit. From the Philadelphia Ledger. It is significant that our great holidays oftener commemorate a birthday than a battlefield, a personality rather than an event. We observe the birthdays of Washington and of Lincoln, or other great ones; the Fourth of July celebrates a new birth of freedom. But the greatest birthday of the year Is that which recurs upon the 25th of December. It is so important a nativity that the man who said "Christmas comes but once a year," Thomas Tusser, immortalized himself by that one remark. The poor old rhymer-musician of the sixteenth century doubtless sought to emphasize the unusual scarcity of lucrative holidays that brought largess for the Elizabethan gleeman. He died in a debtor's prison. But he also meant to imply that Christmas, like a rare quintessence in a vial, is meant to distill a subtle fragrance through all the days of the year to follow, until the following Yuletide brings a fresh suppliance of the sweet and perennial perfume.
The Neglected Cold. From the Duluth Herald. A cold which isn't a cold at all, but a fever seems to most people a trifling affair, a thing to be joked about and made an excuse for consuming ardent liquors. Fortunately, in a great many cases a cold is a trifling thing; but like many other trifling things, it should never be treated contemptuously as something to be ignored and neglected. Countless graves are filled by neglected colds. Pneumonia and tuberculosis reap their thousands of victims through the medium of neglected colds.
Seeing Things. From the Boston Advertiser. Norman Mack sees "a splendid opportunity" for the democratic party in direct nominations. He is a true democrat. The party is always seeing splendid opportunities. That is all they do with them.
A Christmas "Dont." From the Troy Press. "Xmas" is an objectionable contraction, betraying the poor concept of .the origin and spirit of the day. Don't write it that way.
7 WINKLES
(By Philander Johnson)
Good for Evil. "I trust you try to return good for evil," said the high-minded man. "I not only try," said Mr. Sirius Barker, "but I sncceed. Bliggins gave me one of bis cigars yesterday and I Cave him one of mine this morning.
REAL CONSERVATION In his speech on "Conservation and Equal Opportunity" yesterday, Gifford Pinchot may be regarded as having defended himself and his department from the special interests which are so intimately connected with what is known as the Ballinger affair." But he did a greater service when he impressed the real principle of conservation on his hearers, and on that greater audience, the citizens of the United States, who read his words in the newspapers. That service was none other than the insistence of the saving of ths rights of the people not only in the saving of forest coal, gold and copper lands but in the greater and larger sense of saving the liberties of tha people, no matter where they may be jeopardized.
It is time for the people to come to their senses. In municipal affairs we have too long taken it for granted that franchises must be granted on the call of capitalists. These valuable rights have been given away with no provision for the future, no provision for the safeguarding of the rights of the people. For special interest is at work in the smallest village of the land as well as in the national capital. It Is no less foolish to rail at the conditions in the President's cabinet, while Ignoring the fact that the local capitalist is trying to put over just as big a steal in his home town. The real understanding of the situation embraces both. For the special interest which looks so harmless from afar, in the grabbing of the national resources is built on local conditions. Fight one and you fight the other. But fight both and you are fighting the whole system. And here Pinchot has done his service it is a service that he enunciated the principles of conservation as the fight against a system of grab. Cannon is only a necessary tool. Ballinger is a mere puppet, the local men in towns which grant franchises and rush them through with faulty provisions are a part of the machinery connected by that strongest of all bonds the system of despoilation.
So here Is the message of Pincrot: "The people of the United States have been the complacent victims of a system of grab, often perpetrated by men who would have been surprised beyond measure to be accused of a wiong doing and many of whom in their private lives were model citizens. But they have suffered lrom a curious moral perversion, by which it becomes praiseworthy to do for a corporation things which they would refuse with the loftiest scorn to do for themselves. Fortunately for us, all that delusion is passing rapidly away. "I believe the American people are weary of politics for revenue only. It is time to take business out of politics, and keep it out time for the political activity of this nation to be aimed squarely at the welfare of all of us, and squarely away from the excessive profits of a few of us. "There is no reason why the American people should not take into their hands again the full political power which is theirs by right, and which they exercised before the special interests began to nullify the will of the majority."
DANIEL G. REID HOT III NEW YORK DURING THE DEAL
But Nevertheless He and the Moore Brothers Are Mentioned in Announcement of An Investigation.
JUDGE MOORE DENIES KNOWLEDGE OF DEAL
Sharp Tactics of Wall Street Operators Caught Many of Unwary "Shorts" in a Very Tight Place.
II VI
Keen Perception, "la understand that some
of the
The power bt?hind Cannon, the power behind Ballinger, the power behind Tammany and the white slave traffic In New York and all over the country, the power which has corrupted all the cities and the states, the power which connects the graft in Pittsburg and San Francisco that is the power that is fighting the poor little forest service, which, foremost among all the departments of the government, has done what it could to save the people from the theft of their lands, their water powers and their coal fields. The people will do well to standby Pinchot and to bear in mind his words that conservation is more than the saving of forests. It is a principlethe principle of real honesty.
smartest people in town attended your wife's tea." "Yes," answered Mr. Cumrox. "But I was just as smart as any of them. I knew it wasn't going to be very interesting, so I stayed away."
The Holiday Tip. Of Christmas boxes now a lot Are shown in serried ranks. You put a quarter in the slot And get a vote of thanks.
Where He Was Cautious. "That arctic explorer wasn't successful in getting expert talent to manufacture records for him." "Xo," answered the crudely mercenary lecture manager. "But you must give him credit for not taking any counterfeit money at the box office."
Heart to Heart Talks.
By EDWIN A. NYE.
Copy.ight, 1908, by Edwin A. Nye
A Resentful Reflection. "Christmas comes but once a year," said the cheery citizen. "Yes," answered the man who takes the north pole hoax to heart, "but April Fool day seems to be permanent."
Santy's Successor. Had a merry Christmas! No one will deny That the day was a success; But as the hours go by The law of compensation Proceeds to business; The sentiments we cherish Are regretful, more or less. A little too much candy; A little too much cake; A little too much everything That might promote an ache! We've heard from dear old Santy And sent him on his way. The question of the moment is, What will the doctor say?
YOUNG MEN WANTED GOVERNMENT PAYS RAILWAY MAIL CLERKS $800 TO $1,400 A YEAR. Free Scholarships Are Offered. Uncle Sam holds spring examinations for railway mail clerks in this vicinity. The job is for life; hours are short, salary twice monthly and vacation. To any young man this is the opportunity of a lifetime. Thousands of appointments are to be made. Common school education is all you need; city and country people have equal chance. Start to prepare now free information. Free scholarships this month. Write immediately to Central Schools, Dept. 232, Rochester. N. Y.
The Stage Detective. "The stage detective must be doubly clever." How so?" "He must disguise himself so that he will be recognized by everybody in the audience and recognized by nobody on the stage."
MASONIC CALENDAR. Wednesday. Dec. 29 Webb Lodge, No. 24, F. & A. M. work in Master Mason degree. Saturday, Jan. 1. Loyal Chapter, No. 49. O. E. S. Stated meeting.
rvnns: There's nothing like bread made from Gold Medal Flour. Dsbosas
"AN INFANT MILLIONAIRE. Billy McClintock of Chicago is six years old and is a mutimilllonalre, though he does not know he is wealthy. And therefore be is not greatly interested in the legal fight that is being made between his two rival guardians for the possession of his person and his money. This is what be wants: To be a locomotive engineer. To have his curls cut off short. To go to a school where there are nice little girls. Which is about the normal wish of the average American boy of six years. Interviewed by a newspaper man, Billy was discovered in the feathered war paint of an Indian chief on the point of attacking a band of hostiles in the back yard. "What 1 want to do is to to to" He hesitated and then said vigorously: "I want to be a locomotive engineer." The reporter sounded him along; money lines, knowing when the boy grew up unless cheated out of it he would have between three and six millions of dollars. Billy said: "I have lots of money. I spend sometimes 25 cents a week that is," he added, "counting what 1 put in my bank." "Have you an automobile?' was asked. "Yes. It's a big one with pedals, and I can run it up and down the sidewalk." Asked concerning his life plans, the boy said: "I'm going to school this fall. 1 don't want to grow up a knownothing." "What sort of school?" "I'm going where they are all girls I like them best." positively stated the infant. "Then," he continued, "when I grow up I am going to be a locomotive engineer and run my train over the mountains of Texas. I used to live in Texas, and I bad a pony a little bit of a one." And thus the boy babe prattled on. The child knew nothing of money and cared nothing for it He knew nothing of the money that was being spilled out by bis guardians to get hold of him and bis. He only knew That he did not like to wear curls, "like girls," and that he wanted to go to school where there are a lot of little girls just like a man child. And Feeling the natural impulse of that strange desire that possesses all healthy humans to make things cohe wants to be an engineer.
- "traw Horseshoes. Japanese horses wear sandals of straw, bundles of which are tied to the saddle for renewal when needed.
At sixteen Bacon pointed out the errors of Aristotle's pholosophy; Edward Landseer gained fame by his pictures "Dogs Fighting," and Didbin, the writer of sea songs, staged his first comedy. "The Shepherd's Artifice," at Oovent Garden.
New York, Dec. 2S. Rock Island common yesterday furnished one of the greatest sensations ever witnessed on the New York Stock Exchange. Within 12 minutes after the opening
of the market it had risen by leaps and bounds 31 points above Friday's closing to a price of 81, and within 20 minutes after the opeuing it had fallen 31 points from the top to a price of 50. Veterans- on the Stock Exchange in searching their recollections for previous incidents as nerveracking in their effect passed by the Saturday session which preceded the
failure of A. O. Brown & Co., early In 1908 and did not stop until their mem
ories carried them back to May 9, 1901, the day of the panic which carried Northern Pacific up to $1,000 a share. Perhaps the exact cause of yesterday's temporary corner in Rock Island common will never be known, by way of official information. The governors of the New York Stock Exchange held an extra session yesterday afternoon, and it is understood its purpose was the beginning of an inquiry into the causes which gave rise to the phenomenal fluctations in the stock. That an investigation has been begun was admitted by the Stock Exchange officials, but they would not discuss the matter further. Insiders Ignorant. The two important men in Rock Island financial affairs. Judge William H. Moore and Daniel G. Reid, were both out of the city when the 30 points rise and fall occurred. Mr. Reid, it was stated at his office, had not been downtown during the day. He was at his home at Irvington-on-the-Hudson, where he was entertaining a Christmas house party. Judge Moore was traveling on the Twentieth Century train on his way from Chicago when the terrific action in Rock Island was on. When seen at his office, at 115 Broadway, at 3 o'clock yesterday afternoon, Judge Moore said: "I arrived at my office from Chicago at 11:15. I did not know anything about the excitement until that time. Personally I have neither bought nor sold a share of Rock Island common stock in many months. I regret exceedingly the episode." Many were the theories advanced during the day to account for Rock Island's queer performance, but the one which seems to be best believed is that the corner of a few minutes was the result of an accident a mistake in placing the manipulative orders in the stock. As to just how the alleged mistake was made stories which purport to give an explanation differ. One had it that the buying
orders given by one member of the pool had been placed on Friday last-,
while the person in charge of placing
nnr ncriilU, uiucis, nuilll IU nave offset the buying orders, failed for some reason or other in the execution
of his duty.
Mistake in Placing Orders. Another story had it that through mistake all the manipulative orders were placed on the buying side. Still another story was to the effect that the buying orders, amounting to 4,000 shares, had. by mistake of the writer or the reader, been made out to appear as 40,000 shares. Whatever the cause, practically all the orders in Rock Island at the opening were on the buying side. Temporary selling orders were insufficient by far to supply the demand for the stock. The great relative scarcity of the selling orders may be understood by the fact that after the stock had sold at SI, the highest price recorded, the bids ran up as high as 84 without being supplied. First attempts to explain the movement in Rock Island described it to be the result of a coup made possible by the existence of a short interest in London amounting to 250.000 shares, created through the purchase of calls on the Rock Island shares by interests on this side of the water. One report had it that this amount of Rock Island common h?d been called in the London market for yesterday's delivery and that the foreigners were running to cover. Did Not Hold Water. But this story did not hold water for the simple fact that delivery day on the London Stock Exchange, on
which all money and stocks pass, wilH
not arrive until Wednesday, December 29. The last previous delivery day fell a little short of a fortnight ago. Yesterday was a holiday oa the London Exchange one of the Christmas holidays known as Boxers' day. Enough was known of operations in calls on Rock Island in the London market to make the first explanations sound plausible enough, and the natural consequence was that traders here and in London who were so unfortunate as to have short contracts outstanding in the stock, either by the operation of calls sold or direct
sales of the stock, began to cover their contracts at great losses. Also, traders long on stocks other
than Rock Island were frightened lest . the violent fluctuations In Rock Is-! land would bring about dire financial results in this or that quarter, and many of them began to fling their holdings upon the market. The stocks , to suffer most by such sales were Amalgamated Copper, which broke ! nearly 4 points, to 854 and Southern Pacific, which broke over 5 points to . 130.
tae tree wnVTe utky jsqTiIrrel sat chattering his thanks and said: "Gray Squirrel, you're been a little pilferer. Those nuts were not all for you. But Gray Squirrel only chattered faster and looked straight at her with bis bright eyes, as much as to say, "1 thank jou for tearing so many nice nnts for me."
Young Folks
GOLD AND SILVER MONEY.
The Rev. J. Powell, chaplain of the Suffolk county Ja.l. who is about to retire, asserts that a prison is not so depressing a place as many imagine, and adds that he would rather serve six months in prison than be an inmate of a workhouse for a similar period. A prisoner has his own room and is not herded with many others. Mr. Powell relates that a man awaiting trail said to him; "You might ask the judge to give me three years. When I'm out side I haven't a bed to
sleep on. but whila I am here I have my own private siUing room, my butler to bring in my meals, my doctor to see after me, and even my private chaplain. London Standard.
Joseph Arch, who has just reached his eighty-third year. Is the man who achieved the marvelous feat of fully organising the agricultural laborer of England. He began his career by frightening birds off the crop at 4d a day. At that time tea was Ts a pound and sugar was too dear to sweeten It with. The average wage among the laborers was l'Js jl week; they asked for l's and Arch got it for them. In a few months the members of the National Agricultural Laborers Union numbered fifty thousand and ultimately Arch was returned to parliament as one of the pioneer labor members Tit-Bits.
How Uncle Sam Converts Bullion Into Beautiful Coin. In a vault in the mint at Philadelphia are piles of bricks made of solid gold. Each brick is only as large as a cake of kitchen soap, but it weighs about forty pounds. In another vault the silver bullion is kept. These bricks are much larger and much heavier. Both of these metals are to be made into money for the United States. When the gold coins are to be made the precious metal is alloyed with copper and other metals to make it bard. Pure gold Is so soft that It can be scratched with the finger nail, so Is never used even for jewelry. After the gold has been hardened by adding the other metals to it it is made into Ingots, which look like long gold wedges. They are about a foot long, as wide as a twenty dollar gold piece and two Inches thick. When the silver comes from the melting room it too. is poured into strips or bars. The ingots of both metals are treated in the same way in the making of coins. One might think that our gold pieces and silver coins are made in molds, bat a visit to the
mint would show that to be untrue. The precious metals are rolled out into thin bands until they are of a certain ' width and thickness. These strips of ; gold or silver are then ran under steel punches, which cot the metal Into disks. 1 Each piece Is then weighed by very exact scales, for each coin must con- I tain so much gold or silver. After the I weighing these blanks are shoveled j Into vats of acid, so that all the dirt j
may be eaten off of them. Wben dry the blanks are put Into long tubes, through which they pass one by one between two dies. The upper die stamps the face of the coin, while the lower stamps the back. The great pressure of the two dies coming together has just force enough to make the impressions on the coins clear and distinct.
Say It!
If moot doctor ayt this is all ......
rtgru. tnen toy ir eoer ana
J. C. Ay.
Headaches. Biliousness. Constipation. Ayer's Pills. Sugar-coated. Easy to tske. Don't forget.
Headaches. Biliousness. Constipation. Ayer's Pills. Sugar-coated. Easy to take. Don't forget.
Headaches. Biliousness. Constipation. Ayer's Pills. Sugar-coated. Easy to take. Don't forget.
GRAY SQUIRREL'S LUCK. How It Came About That He Secured a Nestful of Nuts. Gray Squirrel bad a nest up in a maple tree near the kitchen door, from wbicb be could peep dowu to see wben Mrs. Reed, wbo lived in tbe bouse, put out a crisp crust of bread or a couple of nuts for bis breakfast. Every morning be would watch, and kind Mrs. Reed never forgot to tnrow out something uice for Dim. That morning, when Gray Squirrel peeped down at tbe bouse, there on the porch stood tbe grocery boy witb a small basket of nnts. Tbe boy knocked at tbe door, but no one replied, so be finally placed tbe basket on tbe sill and weot away. Now. Gray Squirrel knew that never before bad Mrs. Reed put so many nuts on the porch for him. but wbo else could she be buying nuts for? And. besides, that was where bis nuts were always put. No sooner did tbe boy leave tbe yard tbau dowu tbe tree scampered Gray Squirrel in a hurry, lie sat right there and ate one nut. holding it between his front paws, as squirrels always do. Then, taking tbem cue at a time in bis mouth, be carried tbem up to his nest till bis nest was tilled. There were only a few nuts left in tbe basket wben Mrs. Reed came out to see if it were there, and bow surprised sbe was to see that tbey were almost all gone! Sbe glanced nrj. at
NOTION DEPARTMENT
We are more than pleased with the enormous holiday business and offer All Fancy China and Novelties of all Sorts at (D)RTF.mTTD (OFF
We have on hand still a flooily asstrtsest cf eJAIROIMIIEIRS Which we will close oat at MAILiIF IPIRIKCE Now is an excellent time to buy these articles. Birthday anniversaries, weddings, etc., will be along at any time, and THE CASH YOU RECEIVED AS A CHRISTMAS GIFT can not be more wisely invested than by buying now.
THE GEO. H. KNOLLENBERG CO
fi2jST? 3 PER CENT, fnjjw? jjffj ON SAVINGS
Poultry Feed TBE GOOD KIND That makes them cackle RICHMOND FEED STORE
11-UN.tta
TRY OUR $100 SOFT GOAL Guaranteed to Be Gear ol Slate ssi Dickers. H. C. BULLEKDICK & S0N 529 S. FIFTH. PHONE 12S5
DEL J. A. WALLS, THE SPECIALIST
d. lad.
.Friday
21 Soata Teata St Bl
Otace days Uoaday, Ta
Saturday ol eaefc week. Consultation and on month's Treatment Free. TREATS DISEASES OF THE THROAT. LUNGS. KIDNEYS. LIVER and BLADDER. RHEUMATISM. DYSPEPSIA and DISEASES OF THE BLOOD. Epllenar or fslllnsr fit. Cancer. Private and Nervous
Mimui Vmm1 Mum Loss of VI tallty from Indiscretions. Piles. Fistu
la. Fissure and Ulcerations of the Rectum, without detention from business. RUPTURE POSITIVELY CURED AND GUARANTEED.
