davidaulloa/AmericanStories huggingface dataset:
The San Francisco call., 1897-05-31
MONEY AND INDUSTRY.

Some time ago we called attention to a
statement of the London Chronicle that
the aggre CATION of capital in European
centers in the hands of enormously rich
persons or of large syndicates has brought
about condition which enables men who
wish to borrow millions to obtain money
at very low rates of interest, while those
who wish to use small sums can scarcely
get it at all. This is due to the fact that
the big bankers do not care to deal with
small customers. They prefer to place
money in large blocks on good security
rather than TO lend it to ordinary traders
or manufacturers, and as result, while
nations can borrow money cheaply, in
dustry suffers.
This report showed the evil effects of
present financial systems upon men of
average fortunes and the business world
generally. 1t now appears that capitalists
are suffering as much as the smaller
dealers. Money is rapidly declining in
productive power, and those who do not
hold it in very large amounts are in
danger of being forced 10 return to the
ranks of industry in order to provide
themselves with a comfortable living.
Some recently compiled statistics show
the extent of the decline. There was a
time when French rentes yielded per
cent. They now yield only 2%. Bonds
of other nations have fallen in about the
same ratio. Even Egyptian funds which
once paid Z per cent, now pay but 81
while Turkey, that at one time had to
pay 10 per cent, now gets all the money
she needs at 5.
A similar decline is noted In the securi-
ties of well-established companies that
borrow money by the millions. Nearly
all the great railroads of the world are re-
funding their debts at lower rates of in
terest. 1t is estimated that taking the
United States and Western Europe to-
gether there has been since 1850 decline
of interest on railway securities equal to
42 per cent, and on industrial securities
equal to 80 per cent.
1t is probable that this rapid decrease OF
interest on money loaned in large sums
will eventually work a remedy for the
evil com planned OF by small borrowers
Sooner or later the smaller capitalists will
be forced to abandon the market for ma
tional bonds and other weli-established
turn their attention once more to lending
money in smaller sums as in former
times. Men who cannot obtain suf-
fcient income from their capital when in
vested in bonds yielding per cent or
less, will be inclined to pay more atten-
ton to borrowers who wish smaller sums,
but will pay better interest.
1t is certainly full time that some
change should come in the financial stu
alton. Capital is now congested in the
great banking centers and neither pays
good interest to its owners nor affords in
dustry means to continue it's work. This
is one phase of the problem. There is
another in the fact that at the rate prices
have been falling of recent years ind ustry
does not care to undertake new en- ter
prises that are at all hazardous. This
phase also may be affected by decline in
the rates of interest demanded of small
borrowers. In any event the world is not
likely to lose much by continuance of
what is called 1.-The decreasing productive
ness of wealth.
The San Francisco call., 1897-05-31
NEW TO-DAY.

Your throat is weak. Any
unusual exposure or quick
change in temperature causes
roughness and uneasiness.
Sometimes you have a feel
ing of tightness as if some
foreign body were there.
You can treat it with troches
and washes, but you don't
reach the seat of the trouble.
Throat weakness is a symp-
tom of more general disturb
ance. SCOTS Emulsion of
Cod-liver Oil does cure weak
throats by healing the in
hammation and nourishing
and strengthening the system.
For sale by all druggists at 50 cents and $r.oo.
SCOTT & BOVINE, Chemists, New York
The San Francisco call., 1897-05-31
PERSONAL,

L. H. Owen, merchant OF Fresno, is at the
Lick House.
C. E. Biggs, banker of Gridley, CAL, is at the
Grand Hotel.
DR.. W. S. George of Antioch is guest at the
Grand Hotel.
Judge N o. Bradley OF visalia is guest at
the Lick House.
A. ]. Hudson, rancher, of Templeton, is at
the Grand Hotel.
A. L. Jackson and wife Of San Jose are at the
Cosmopolitan Hotel.
r. B. Oullahan, real-estate dealer, OF Stock
ton, is stopping at the Grand.
r. L. Harris and wife of Sacramento are stay
ing at the Cosmopolitan Hotel.
Mrs. M. Pixiey and daughter of San Jose are
registered at the Cosmopolitan Hotel.
Mr.. and Mrs. H. Staples Potter, Boston. reg
istered at the Palace Hotel yesterday.
Frank Gould O. stockton, ex-Speaker of the
bly,, was in the City yesterday.
E. S. DC Golyer and DR.. A. F. Schiffman, min.
ing men of Los Angeles, are at the Palace.
George Harney, real-estate man, OF Marys-
vile, registered at the Grand last evening.
Senator ]. II. Shine OF Sonora, Tuolumne
County, is q guest at the Cosmopolitan Hotel.
o. T. Posey, prominent mining man of
Denver, arrived in the City yesterday and reg
istered at the Palace.
George L. Arnold of Los Angeles, member of
the s ate Board of Equalization, registered at
the Lick House yesterday.
John McMahan of New York is at the Palace.
be is we'll known in connection with the
manufacture OF Fairbanks scales.
The San Francisco call., 1897-05-31

his Government would possibly "modily its
demand for the cession of Thessaly and an in
demnity' but it would insist on deprivine
Greece of the privileges gran ted in the ca apitu-
lations. As this is en- entering wedge for sub
jecting all foreigners IN Turkey to the uncer-
tainties OF Turkish justice, it will be closely
scrutinzed, doubtless, by the powers.-Baftt1s
more Sun.
If the concert decides that Turkey is entitled
to Thessaly, or so much OF it es she needs 10
srectify, her from tier" Lord Salisbury Will be
bound to submit, as he has submitted before.
Many Englishmen are beg inning to complain
that it really has been the CONCERT and moth
ing-nothing but failure and disgrace.-New
York Evening Post
The war is over. but the end is not yet
Turkey has won Thessaly by the sword, and
the chances are that by the sword alone can
she be driven out. We eseriously doubt whether
the powers, in view of the Russo-German
alliance. will be able to prevent an extension
of the Turkish border into Thessaly. Ii this
proves to be true the shame and humiliat ton
OF Christian Europe will be complete.-New
York Mail and Express.
1t is difficult TO see how Greece could raise
money with which to pay war indemnify.
Her national debt amounts to $66 per capita,
more than five times our debt, aud her securi-
ties are quoted in London at 10 cents on the
dollar Turkeys financial condition is equally
precarious. There is no record in modern
history of two such bankrupt nations going 10
war with each other and with much sang
froid was ever possessed by Micawber.-
Philadelphia Inquirer.
The San Francisco call., 1897-05-31
MEMORIAL DAY.

To-day q grateful Nation pays tenderest
tribute to the departed heroes OF that great
army whose tread once shook con tinent.
and whose loyalty, devotion and hero;c
selt-sacrifice preserved the life OF the Re-
public of the West, broadened its scope in
the interests of humanity and made it
truly lone and inseparao
Few remain of those who fought. The
last file of the Grand Army will soon have
vanished forever from our gaze. Those
among US who were once boys in blue are
now old men in gray, and as they slowly
march on to join their comrades in the
spirit realm of eternal peace we should be
more eager than ever to testify our love
and veneration for them.
Touching is the spectacle of the white
haired veteran approaching the "un-
known grave" to contribute his little Of
fering OF flowers that are wet with his
tears. For the unknown grave, piled high
with vernal blooms, most truly tells the
story of Memorial day.
We pause beside that floral mound and
thoughts run through our mind of Shiloh
and Gettysburg and Cold Harbor, and OF
the thousands and tens of thousands OF
heroes whose life blood, poured out in de-
tense of the starry flag, moistened the
fields of the Southland, and whose bones
found sepuiture only in the general trench
of war. To the memory of these the un-
known grave is sacred. OF these the hoary
veteran thinks as he looks lovingly on
the simple mound of flowers.
Memorial day has become a National
Sabbath. The workshop and the mill are
idle to-day; the mart and field deserted.
The toiler dons his holiday attire and
joins the millions of mis- brethren who do
reverence to the Nations dead. There is
mingling of religion with country-love.
The decoration of the graves of soldiers
proves that the heart of the Republic has
the right beat, and that the masses Of the
people are fully alive to the loftiest patri-
otic impulses.
1t does every one OF US good to listen to
the sentiments expressed on these occa-
sions. There is no amin osity in them,
but they awaken in us more wholesome
feeling of pride in our mighty union of
States; they lead US 10 the contemplation
of the noblest virtues, and teach US 10
scorn that narrow commercial spirit
which shuts out all high emotions in the
mad race for gain.
Let US all heartily join in the recogni-
ton of this day and its holy office; re-
membering that the blood of our martyr
patriots is the seed of the Nation.
The San Francisco call., 1897-05-31

all taik 10 the contrary. The committee In
charge OF the affair has balance OF money on
haad and also q large amount OF parapher-
MALTA that will be useful.
According to the Yuma Sun, II. W. Blaisdell
Oh that place has just received large number
OF sprouted cocoanu;s that he will at once set
out and make an effort to propagate. There
are many reasons why the cocoanut should do
well in the vicinity OF Yuma and only few
why 1t should not.
Cattle are becoming scarce In Oregon and
washington and fears are expressed for the
luture OF the meat supply The Tacoma
Ledger says that in many sections the supply
is entirely exhausted and cattle have been i'm
ported from the Missouri country. The cause
OF the depletion of beef is that herders are
driving their cattle to the Montana ranges,
where feed is better
Higher and higher rises the tidal wave of
prosperity. If such were not the case the
Marin Journal would never have had an
opportunity to print the following: Lively
times are dawning in Guerneville. Tnfrty-fve
men are now employed at the quicksilver
mines, and the Sonoma Lumber Companys
BILL VIII employ over hundred men at the
mill and logging camp.
NO more camping on the lands of the Kern
county Land Company. The edict has gone
iorth and been published in the Californian, so
all who may have had intentions OF camping
IN that part OF the world might as well give up
the idea. The edict states, however. that
under certain conditions especial permission"
Will be given to campers who will be willing
10 go under "the supervision of the company's
sheep department"
eYnlrImanfo f11rn
pected, even though they may be successful,
Is proven by the sad state of affairs that at
present exists in Los Gatos, The Erening OtoI of
that place states that the rural postal delivery
recently 1naugurated In that part of the coun-
try Is proving ruinous to merchants in Los
Gatos 1t may be convenience TO the ranch
ers, but 1t keeps them away from town, and
consequently less goods are sold.
In the Outlook of Santa Monica there ap-
peared few days ago the following editorial
pasadena has passed an ordinance to protect
song blrds from the small boy and the slung-
shot splendid move and one well worth
following. Better to destroy the cruel small
boy than the song bird. Evidently the
editor OF the Outlook has no small boys of his
own. OF course. the possibility of their being
cruel, If he had any, goes without saying
all small boys are cruel.
Baden claims to be the most fortunate town
in the State, and it certainly has reason for
congratulation, as the following item from
the Enterprise Will show: "When civil ulcer
In the shape of a Chinatown has once become
fastened upon community there appears to
be no legal process whereby it can be reduced
or removed, as the great City of San Francisco
has learned to her detrimept and sorrow. For
tunately for our own little burg. not single
germ of this cancerous growth has been per-
mitted lodgment here"
The San Francisco call., 1897-05-31
WITH YOUR COFFEE.

Il find 1t impossible TO kill the nerve" ex-
claimed the dentist In troubl ed tone. "What
can it mean?"
'Tm drummer" with a ring of pride in
his voice.-Detreit Free Press.
Shelf you were worth the million and 1
was poor would you marry me?
He-If you feel Ike transferring the fortune
to me and taking chances will give the mat
ter my serious censideration.-Detro Free
Press.
Bridget has had breakfast late every day
this week. Can't you do something to get her
up on timer"
"Well, there's the alarm clock"
''That doesn't Always go offend her the
baby. y."-Chicago Recoid.
Lawyer-Did you kill your cousin only and
no other member of your family2
Prisoner-Yes, only my cousin.
Lawyer-What pity, Had you but muir
dered your whole familytI mig ht have got Won
off on plea OF emotional insanity.
Blaetter.
'John," said Somervile mother to her
3-year-old boy, chow do you ever manage to
wear such big holes in tie knees of your
stockings?'
Il don't know, mamma, John answered
thoughtfully; maybe do i when l say my
prayers. rs."-Somerville Journa
"What did Noah live on whe, the flood sub
sided and his provisions in tn, ark were ex-
hausted?" asked Sunday-school teacher of
her class.
II know" squeaked little rirl, after the
others had given up.
well, what?" inquired the tes.her.
"Dry land."-Chattanooga Timts.
The San Francisco call., 1897-05-31

lathi accluent happened on the french
battle-ship H oche at Cherbourg on May TO-
One OF the davits carrying the steam launch
suddenly broke and several sailors in the
launch at the time were thrown-some in
the boats alongside and others into the sea-
One man was killed and three were seriously
injured.
The subm arine vessel, Gustave Zede, while
maneuvering under water in Toulon harbor on
May TO- ran :nto torpedo boat of the naval
coast defense, seriously damaging her fore and
aft. The furnace door OF the torpedo boat
opened and the stokers were seriously injured
The submarine boat was not damaged in the
least degree.
The gathering OF naval vessels at Spithead
next month, on the occasion of the Queens
jubilee celebration is likely to surpass any
naval pageant that has ever taken place OF
the British navy alone there will be 100 pen
nants, including the ponderous armored bat
tle-ships and the graceful swift torpedo-boats.
The illumination preparations are being made
on large scale, providing for 1000 incan-
descent lights, for which 100000 yards of
wire are required.
The new regulations governing the admis-
sion OF naval cadets in the British navy have
been issued and are to 30 into effect at the ex-
aminations to be held next December Six
cadet-ships are TO be given annually 10 the
colonies, and service cadets, not TO exceed
seven in one year, will be selected by the ad-
miraliy from sons of officers of the army, navy
or marine corps who may have fallen while in
active service. Nominations will be made
three times year and The examinations will
be conducted by the Civil Service Commission
ers. In order to qualify for admission all can
didates must obtain 40 per cent of the marks
in arithmetic algebra and QeOmetry
The handsomest ships-of-war are those built
by the Armstrong Company at Elswick,
England. Four of the ships built for South
American repu blics have not their superiors
in any other navy so far as regards utility and
no other vessels built of :heir class can COM
pare with them in good looks. The Buenos
Aires. cruiser of 474O tons buil. for the
Argentine. is 1876 feet in length and presents
very pretty appearance. OF the ships built for
Chile the Esmeralda, srmored cruiser of 1920
tons, Blanco Encalada, cruiser of 4400 tons.
and Ministro Zenteno, cruiser of $500 tons,
have all great length, are well out OF water
and with comparatively minimized super
structures and decK distractions. Their grace
full stem and stern and general rakishness in
design give them the appearance of huge
yachts rather than ships The Tatsuta
and Yoshino, built for Japan by the
Elswick firm, are likewise handsome
ships. In Germany the Friedrich III, first
class battle-ship of 11,130, is a marked
improvement upon the clumsy designs of ten
years ago. France still leads in freak naval
architecture and Great Britain in the Edgar
and Eclipse class have twenty -one very pretty
ships. The new ships of our navy, while not
up to the appearance of the Elswick ships,
compare, however, favorably with other for
eign designs emauating from the respective
The San Francisco call., 1897-05-31
WHAT WILL TIE POWERS DO /?

The fortunes of war have completely
changed the situation with regard to the
powers, and it is not unlikely that the diplo-
mats may prove powerless TO affect the actio a
OF any government except their own.-Brook-
lyn Citizen.
discussion OF the terms of peace is now in
oroer. An alleged "official of the Turkish
Foreign Office is credited with saving that
The San Francisco call., 1897-05-31
The BATTLE.

fool, and how should we know
What IL was all about?
Go to the men who sowed the crol-
We simply thrashed IL out
Wordy statesmen sowed the crop,
And fore God 1t yielded nightly,
As line on line of stalwart men
swung wide in their swaths full toughtily,
From an Eastern sun to Western son
We reaped in the harvest fed,
And when we rested at eventide
The ravens garnered the yield.
And with the night the cleaners came
Ruthless and cunning-eyed,
And took their tol of The fallen crop,
Peering from side to side.
On row on row of Human Chaff,
And here ana there the Grain,
And Peter stood at heavens gate
Sitting the souls of the slain.
+. Il. CLAYTON in The Lot.
The San Francisco call., 1897-05-31
The Great Santa Fe svstem

Leaves daily at P. NJ Through cars to Chicago.
with Pullman palace drawing g-room and modern
upholstered tourist sleeper3 now daily.
tickets also sold Portland, Ogden. Los An.
geles, Deming or FL Paso all points in the United
States, Canada, Mexico. and cam ship tickets to
all points in Europe. see timetable in adver-
tising column. San Francisco ticket office, 644
Market street. Chronicle building, telephone Main
1881; Oakland, Ills Broadway
The San Francisco call., 1897-05-31
COAST EXCHANGES.


According to the Napa Register Marysville is
soon to enjoy The blessings OF free postal de-
livery.
1t has been intimated, says the Lompoc
Journal, that at least 5000 acres will be
planted TO olives this season.
The Colusa Sun has offered the use OF Its Of
fee a registration place for men out OF
work. Information In regard 10 work is also
furnished free to all.
The Alaska Neus has ceased to exist, having
been met ged into the Alaska Miner, which lat
ter journal will continue its old business
without a competitor.
The Riverside Globe, although having ap-
peared only sixteen times, has found it neces-
sary to issue two editions each day-one at
noon, the other at O'clock. Another sign of
reviving business.
According to the Lake County Bee about
$3.50 in money, work and materials has been
subscribed toward the carnival to be held at
Clear Lake in couple OF weeks. All arrange
ments are progressing smoothly.
W. Charles squier, in Ell Barbareno Of Santa
Barbara, publishes a set of directions for visit
ors to San Francisco. Judging by Mr.. Squier's
article he must have had good time finding
out low to write the directions.
The Evening Express says that Los Angeles
will have another Fiesta next year, In spite Of
The San Francisco call., 1897-05-31
"1r,. win.low,s soothing svrun..

Has been used over fifty years by millions or
mothers for their children while Teething with per.
feet success 1t sooh hes the child, sofens he gu ms
allays Pain. cures Wind Collie regulates The Bowels
and is the best remedy for Diarrhoeas whether arIs-
Ing from tee- hing other or sale by drug
gists in every part Of the world Be sure and ask
for Mrs. Winsow's Soothing Syrup 25c bottle
The San Francisco call., 1897-05-31
The CALL SPEAKS FOR ALL
THE SIMMER MONTHS.

Are you going 10 the country on vacation IF
So it is no trouble for MS to forward THE CALL to
your address. Do not let it miss you for you will
miss it. Orders given 10 the carrier left at
Business Office will receive prompt attention.
NO EXTRA CHARGE. Fifty cents per month
for summer months.
The San Francisco call., 1897-05-31
MEN IN WOAEN.

Rev. Eugenie St. John of Kansas. wei.
known woman clergyman and advocate a,f
woman suffrage, is going to Europe to stud,
the problem OF municipal government.
Connecticut papers say that the oldest ma,
in the State is Manuel Oliver Levy of Stoninp
ton. who was born in Portugal 104 years 90
lady in Maine, speaking Of Cam p Nee tinf
John Allen, says that some years ago hs
stopped in the street to see her and her friends
playing croQuet on the lawn and was asked BY
The San Francisco call., 1897-05-31

Eastern authorities Oh divorce laws
assert that the divorce recently obtained
by Mrs. Langtry is valid in this State and
in New Hampshire, but nowhere else; so
if the Lily wishes to marry again she
must either patronize US or take to the
snoWd riffs
The San Francisco call., 1897-05-31

bhllarus gone 10 grass, he replied and walked
away. but not so quickly that the young lady
did not see the merry twinkle in his eyes.
Charles Dudley Warner, who has been max
ing tour OF Mexico, comes home much i'm
pressed with President Diaz as a remarkable
man.
Mrs. Charlotte Dewey Ross, the Oldest native
resident of the town OF Poultney, Vt, who
died at her home in East Poultney on Mon
day, at the age of 93 years, was the friend and
associate of Horace Greeley during his four
years apprenticeship in that village in the
trade of typesetting She was also the school
mate anG associate of George Jones, the foun-
der of the New York Times, and of Jared
Sparks, the historian.
The Rev. William C. Mullenix OF Wheaton,
ILL.,, Cd years old, was married last month at
Grand Meadow, Mimi, to Mrs. Mary Bessen-
aged 80, of Grand Meadow, the ceremony
being performed by the Rev. Mrs. Mullenix
the brides daughter, and the daughter-in-law
OF the bridegroom. The bridegroomIha ad
preached the funeral sermon of his wife's first
husband. and had married her to her second
husband. He is her third husband, and he
has himself been twice widower.
The San Francisco call., 1897-05-31

This is a good day 10 make up your
mind to contribute something to the Lin
coin monument fund.
The San Francisco call., 1897-05-31

Philadelphia boasts that during the
time the President was her guest to at
tend the dedication of the Washington
monument not a single office-seeker got
near him; so it seems we must put the
Quaker City down as a pretty fly town.
The San Francisco call., 1897-05-31

The st. Louis GiObe-DemOcrat estimates
that the rush of imports makes delay in
passing the tariff cost the country about
$1,000 600 day, and yet it will hardly be
denied that it will be better 20 pay even
that amount and get good tariff than to
rush things and get bad one
The San Francisco call., 1897-05-31

Business prospects brighten with the
summer and will ripen into realization
with the fruits of the fall.
The San Francisco call., 1897-05-31

We shall see to-day another evidence of
the difference between this and the Cleve-
land administration. Mckinley will not
60 fishing.
The San Francisco call., 1897-05-31

The Senate promises to break its record
in tariff making, and that in itself is a
sign of the coming of better times.
The San Francisco call., 1897-05-31

OBSERVATION-DISCLOSURES is perfectly dry soft
and mild. being entirely free from the nists COM
mon further north Round trip tickets. by steam.
ship including fifteen days board at the Hotel del
Coronado, $50; longer stay So so per day Apply
New Montgomery street. San Francisco.
The San Francisco call., 1897-05-31
Greatly Reduced Rates to Spokane,

HtIeHH' bUttb ana ST. Paul.
Tickets both first and second class sold to the
aforementioned points at great reduction
These rates may only be in effect for limited Pc
ro1. so buy your tickets once. Now is your
time to go TO the Koctenai mining district on
these low rates. Call on address L. X. Stateer,
general agent Northern Pacific Railway, 69s
Market street, San Francisco, before buying your
ticket anywhere else.