davidaulloa/AmericanStories huggingface dataset:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20

hleran Daily coal passer, Y. S. 5. Saturn.
Volunteers
Henry C. Rice, Co. #, 18th Pa.
John McKeon Co. F, 18th Pa.
Robert e. Estabrook, co. E, I'd wis.
Henry B. Hargraves, corp, Co. D. I'd Wis.
Herbert S. Sternberg. corp, Co: D, I'd Wis.
F de1 AdrRRsHFGng RIO "a WIS ID Wis
Robert Morton, Co. A. dlWis.
James F Wiingate Co; H 18th Pa
E EinRr G Fl ElG Ge M Go ID NJ w Rd Wis.
Frank Sauer, Co. K, Sd wis.
William D. Grant, Co. H, 18th Pa.
John klase, corp, Co H, I'd Wis.
John F. Videts Co. E, 9th Mass.
Bernard ]: Yount, Co. ], Sd Wis.
S SfsSaTg Bq 4T"T Co F. s 10th =, Pa
Louis Jansen, Co. B, I'd Wis.
George P. Upham, corp, Co. |. ID Wis.
% %qhn McBoVgalI, c. +, q Wis Wis
S Sss Y Esyis se ssrs &C. Co L 3 wis., Tis
4 Haa9o H Johnson, CO. L, q Wis Wis
George w. Marshall, Co. B, I'd Wis.
Charles B. Gardner, Co. D. 9Th III.
R taR31 N = RT,thenburg Co G % " Wis
Dale s. Wallace, co. NJ, 9Th III.
M c. Klas, Co. D, I'd Wis.
Burt Justice. Co. NJ. 9Th ILL.,
John Brookshire, Co. c, 10th Mass.
Frank G. Douglas, Co c. 9Th Mass.
Henry ], Fromholtz, Co. I. I'd Wis.
William +. AppleDy, co. M, 20 WIS.
Frank T. Weaver, Co. l. 9Th Ill.
hubert Buiman, sergt, co. A. 18th Pa
Jesse Cockey, Co. B, I'd Wis.
Gustav Pawasaret, Co A, I'd wis
Patrick Conn ee. Co p 9Th Mass Mas
VIM. Selby, Co. I. 9Th Ill.
Second Wisconsin-Privates Allen r: Bill
ing. Emil zimmerman. Charles Hahn.
Rcher John 5qett W Henry
Otto M. Iskeh, Gus Lehman, John Bowker,
Joseph Nicholson, James Cohene.
second ssachusetts-Private John Dom
ovan.
Missouri Artilery-Corporal Daniel S.
Fourth Pennsylvania-Priv Walker f.
field and VIM. r. Shell.
Sixth Illinois-Privates Joseph r. john
son, Gus Williams, William Adams and
First carbohydrates Otis Gragg,
LAWRENCE WEIGH, Robert l.. Lanceskes,
Roscoe Riggs. Dolk Foster. Henry j. Kahne
and Edwin p. Owen; also, Ben B. Conner,
corporal
Sixteenth OBSERVATION-DISCLOSURES Oleid
Frank Theodore IL Lu b Arthur W.
Third Illinois-Privates Frank Parker,
William Allworden,- John II. Weaver. Floyd
Clause E. Ekstedt and Victor Olson; also,
Corporals Frank E. Osbone, William Hen
messy and Fred A. A. Sapp.
First ILLINOIS Artillery -AQoipn NyQegger,
and Adam B. YehCe, corporal.
Fourth Ohio-Privates David G. Johnson
and Fred w. Armstrong.
Sixth sachusetts-Privates George H.
Cornell, Henry Taylor. James Drummond,
James A. Donohue and Thomas f. White;
also, Corporal Clarence Warren and Ser
geants James Fierse and Warren t. Hap
good.
Third Observation-Disclosures Hans Folsom,
Nelson A. Parson, Fred K. Mackenhasen
and Martin Haughe
HOSPITAL Corps-Den F. Lee, Fred A. Hal
lett, George f. wicklow, Henry H. Uran
and Oscar J. Choffin
Civilians-Miton Bohall, packer: Dan'l.
L. Ellison, packer; Arthur Emerson; team
ster: Charles p Ames, civilian cook; Jas.
Lyons teamster; Chas. v. Mclaughlin,
packer: Chas B. 'Bodwell. clerk quarter
masters department; Geo. Parsons, civilian.
Michael P. O'Neill, acting hospital steward.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20

The disclaimer of territorial aggrand-
TO Cuba obligates us, first, to make an
honest and earnest effort to pacify the ISL
and and establish independent govern
ment, but if that fails our pledge is redeem
ed and we NAV annex it
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20

The Army and Navy Journal thinks the
real hero of the war is not Admiral Dewey,
nor Sampson, nor Schley, but Ensign Cur
tin, who demanded the surrender of the
Spanish forces at Ponce and sent an ulti-
matum by telephone. MIR. Curtin it says,
should go down in history as the Original
tor of the hello method of reaching mill
tary results Another evidence that it was
q record breaking war.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20
THE INDIANAPOLIS JOURNAL.

Can be found at the following places:
NEW YORK-Astor House.
CHICAGO-Palmer House, p. o. News Co., PIT
Dearborn street, Great Northern Hotel and
Grand Pacific Hotel.
CINCINNATI. r. Hawley Co., 154 Vine
street.
LOUISVILLE-C T. Deering northwest corner
of Third and Jefferson streets, and Louisville
Book Co., 25S Fourth avenue.
ST. LOUIS-Union News Company. Union Depot.
WASHINGTON, d. C.-Riggs House. Ebbitt
House and Wizards Hotel
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20

She-Have you heard Songs Without
Words?''
He-Ive heard a lot of them without
music.
After that the incident and the piano were
closed
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20

Those who go down to the sea in ships
have fine rest from the wear and tear of
current events. The sailors on the two ves-
sells which arrived at New York on Thurs
day and who had not heard of the war
with Spain had rare opportunity to get
rid of insomnia
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20

The Georgian Opposed TO Retaining
All the Philippines.

WASHINGTON, Aug. Ex-senator Bacon,
of Georgia. was in Washington to-day He
called on the President and was afterward
at the War Department. Mr.. Bacon was
looking after the interests of Georgia
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20
General Notes.

WASHINGTON. Aug. 10. - To-day's
statement of the condition of the treasury
shows: Available cash balance. $27S. al, oil;
gold reserve, sol, 139. SCI.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20

Minnie-At any rate, Mr.. Shore is every
inch a gentleman.
Mamie-That's why it is such pity there
is not more of him.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20

The fact that since the Spanish flag was
removed from over Havana, no flag at all
has foated there, is right and proper. The
town should be cleaned before the stars and
stripes wave over it
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20


First 1t. Harry Freeland, Sd Inf.
First Lit Charles l.. Bent, list Inf.
Capt Hallett A Burrows, staff.
First 1t John c. Hines, I'd Ind.
First 1t. Davis 9. Baker, 18th Inf.
Capt r. K. Evans. 18th Inf
First 1t. r. s. Walsh, 94th Mich.
First Lit. James S; Wilson, S4th Mich.
Second 1t VIM. Infancy, list U. s.. Y. c.
Second 1t. Alfred e. Remington, 10Th Cav.
First 1t. e. E. Benjamin. 1st Inf;
First Sergt. G. H. Johnson. 9Th Cav.
First Lit. Jas. w. Frier, 18th Inf:
Second 1t. Lorain c. Richardson 10th Inf.
Second Lit Fred B. Hart, 1st Ill.
First 1t. Peter O. Shea, 9th Mass.
Capt Chas S. Holden, I'd Mass.
Capt EliStt T. G Mftsn St 9Th o Mass
Capt Edmund j. Slate, Co. D, I'd Mass.
w ST. Clair. I'd Inf.
First Lit John A. Bobb, asst surg.
Second 1t. Leroy w. Heron, list d. G.
Following is a list of the enlisted men and
civilians On board:
Thirteenth Infantry
Henry C. Carter, Co. E.
Arthur Alexander Co. f.
B. c. Clopsaddle. Co. E..
Sergt. John Fabian, Co. G.
Howard Brady, Co. G.
John p. Lawrence, Co. +.
Corp. w. F. Greene, Co. G..
Quarely, Co. e.
Philip Basson. Co. B.
George ]. Huntermeyer, Co. A.
John B. Bond, Co. C.
Lew Storm, Co. D.
William Sweeney, Co. +.
Frank J. May, Co; G..
Henry Forester, Co. F.
George f. Blel, Co. B.
Joseph F. Mccormick. Co H.
Julius Roth Co. b.
William e. Oakley Co. F.
Edward f. Griffith. Co. A.
First Sergt. Theo. Mafiria. Co. A.
Ernest d. NeWburg, band.
Frances Butterfield. Co. B.
Paul o. Keenewsxi. Co. A.
Fred A. Hendrie, Co. Fl.
Sergt. Anton Weber, Co. II.
Denwool Allen. Co. G.
George Mccartney, Co. G.
David C. McWilliams. Co. C.
Otto F. Wernickle. Co A
Corp. Ed Hayes. Co. C.
Irwin S. Brock. Co. c.
sergt. William f. Buckelew. Co. A.
Theodore Dickinson, co. A.
Samuel Crowler. Co. f.
John r. Kerrigan, band.
William Irving. Co. H.
Members of other organizations
Thomas McClaren. Co. K. LIST Art.
sergt. w G. Borth. Co. NJ, 1st Ill.
G John E'S Gne A He err + G4 h Ar ts ILL.,
James l.. Bishop. CO. X. list Art.
John r: Finn, co. 1. 9Th Mass.
Harry S. Ford, Co F.. ID Art:
Corp. George Dyer. Co. /. Goth Inf.
Harry Swan Co. d. 1Gn Cav
James A. Bailey. hospital corps.
Evan l.. Edwards, Co. r. 5th Art.
CLARENCE NJ. Utterback, co. e, LIST Art.
Sergt. William Thacker, Co. G.. 10th Cav.
w r. Mitchell Co G. Sd Inf
Augustus Woley. Co. f, 10th Cav.
Corp Thomson Murray, Co. C, 10th Cav.
Corp. F. Boyd Co. G. 10th Cav
Eli r. Daily. band, 10th Cav.
]. w. b. Douglass. jr.. 10th Cav.
w. c. Brady. Co. F, 4th Art
Corp Freeman Field. Co. G. 18th Inf.
Theodore Calvin. Co. b, 5th Inf.
Henry c. Peet. Co. G, 10th Cav.
John L. Lynch. Co. r. 9th Inf.
James A. Butler. Co. A. 9Th Inf.
Jacob Kelsch, Co. Fl. I'd Inf.
Corp Elmar H. Hasy Co. d, 21st Inf
Thomas Glenning Co. B, 21st Inf.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20
WAITING ON MERRITT
THE ADMINISTRATIONS WANTS TO
KNOW TERMS OF SURRENDER.

Anxious to Learn Whether All the
Philippines Were Included. or
Only the City of Manila.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20
200 FROM SANTIAGO.
Arrival of Sick Officers and Privates
ON the OIivette.

ON the OIivette.
NEWPORT NEWS, Va, Aug. 19.-The
steamer Olivette arrived at Fort Monroe
this afternoon from Santiago, having on
board two hundred patients of the Fifth
Army Corps, including twenty-five officers.
While the Olivette was at sea the following
six men died and were buried:
Corp. Emery Brown, Co. E, 10th Cav,
malarial dysentery Aug. IA
Charles Waldman, Co. &, 1st District or
Columbia malarial dysentery Aug. 16.
James H. Spencer, Co. |, LIST ILL.,. fever
Mai Caspar H. Conrad, Sth Inf, malarial
fever, remittent, dysentery. died off Santa
go de Cuba, Aug. l5
Herbert H. Mccormick, Co. 1. LIST. ILL.,,
dysentery, malarial Aug. Is.
Homer Covery, Go. +, S4th Mich, malarial
dysentery, Aug 10.
Following is a list of officers aboard the
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20
BUBBLES IN THE AIR.
Right in His Line.


'Who was the chief mover in that affair?'
"a truckman."
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20

VIM. G. Fingodo. Co. F, 10Th Inf.
Israel Greensboro Co f, 10Th Inf
Edward " Moran, Troop A. I'd Cavalry.
Julian Wigginston, hospital corps
Elmer S. Howerman, corp. Co c, 18th Inf
Alvin Tanner, Co. E. 18th Inf.
John +. Cronin. Co. b. 18th Inf
VIM. B. Irwin. Co. B, I'd Cavalry
John C. Edwards, Battery C. Sd Art.
Andrew Benson. Battery B, 4th Art.
Daniel Haughey. Battery B. Sd Art.
Carl A. Beers. hospital corps.
From War Ships
VIM. B. Butcher. appr., monitor Puritan.
VIM. 3. Leidolph, coal passer monitor
Puritan.
Michael w. Hassery, fireman. monitor
Puritan.
Patrick J. Hogan, appr., monitor Puritan.
r. Howe. coal passer, cruiser Columbia.
M. Bearne, chief machinist, Columbia.
]. Ryan, electrician. Columbia
John G. Murphy. coal passer cruiser Co
lumba.
Kieran Daily. coal nasser. IL. S. S. Saturn.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20

Persons sending the Journal through the mails
In the United States should put on an eight page
paper a ONE-CENT postage stamp; twelve
or sixteen-page paper TRO-CENT postage
stamp. Foreign postage is usually double these
rates.
All communications intended for publication in
this paper must in order TO receive attention, be
Vprif
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20
IRELAND At THE WHITE HOUSE

THE CATHOLIC ARCHBISHOP CON-
FERS WITH THE PRESIDENT.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-20

Reduced Rates to Clubs,
indianapolis, Ind.

Subscribe with any Of our numerous agents or
send subscriptions TO the
JOURNAL NEWSPAPER COMPANY,
Arizona republican., 1898-12-22
ODDS AND ENDS.

The smoking car was filled with an air of contentmeEl, and ahe cdor of 10- cent cigars-th3t is, until she Irishma:: came in. After that all WIS changed.
 This son Of Erin, who had stubby beard on his chin and much battered silk ha. Cn his head, dropped in,o q sea5 and began to fill an old clay pipe which he drew from q coat pocket. No one paid him the least Of attention; not even when, with & long sweep, he scratched a match on his trousers and held it blazing over -he bowl of his ripe. But before he had taken dozen putfs every man in the coach was sit t-ng straight up in his seat staring hercely in his directicn.
 Say, that's villeincus," grcwled a chcleric cd man with bald head. 3. an oder mCcn like thG- Of burning rags surrounded him
 "Abominable!" agreed the drummer
Arizona republican., 1898-12-22

during the past year and has ben earning st but a slightly less rate foc period cf two CT three years. Al
 that the stockholders c2ve asked is payment clf a nominal dividend If Fe.- haps 2 pr cent. MT. Belmcns has ar
 gusd that for the sake Cf jhs future every penny should Continus to be turned into reserve funds.
 The expcTience of this famous fnan- cier is like that Of ether railway diTec- tors who have opposed tco sudden re- sumpticn cG dividends. They are deal- ing with great cdds, however, and the directors of ether reads which it was believed would never in tEeir corporate lives pay a penny cn their common stock have the same struggle ca their hands. Stockholders in Ontario and Western, for instance, are making a demand for dividends and arguing tat they have been earnsd. Talk about the prospect of a dividend on Atchinson common is responsible for tho sptcu' a. tfon in that stock aIso. There are no figures tci justify any claim whatever that dividends have been earned on eitEer stock CT that they can be earned within a period Of many vars. Divi- dends can be paid cnly by tie most questionable methods. There is un- doubtedly need of all the experienced and conservative men who have any standing to resist the new financial fever
Arizona republican., 1898-12-22

strip five miles wide is taken along the
 boundary Of each country. The build
 ing of the canal would be of the great
 est value to Nicaragua, which new has
 no outlet to he Atlantic ocean, but is cOnDelled to ship it's products from the
 Pacific coast.
 "The plan proposed by my bill will
 net require any more money than oth-
 CTS which have been suggested. For instance, the capital stocks reserved to Nicaragua and Costa Rica under the arrangements which contemplate the construction of the canal by a private company with government. endorse ment, would amount to about S15, ,000
 GOO. and with the money which it is proposed to pay the company the ex- Dense would amount to about $20, ,000,- 000 With sum as large as this there ought not to be any difficulty in acquir- ing all the territory needed under the provisions Of my bill.
 Ut is useless to talk about the con struction of the canal by private en- teTprise. There is not enough in it in 3 commercial way for that. It must be remem beTed that the proposed water way is to make the route to the far east shorter by 300 or 400 hundred miles as compared with the rou:e iby the Suez canal. Moreover, the coaling stations, along the Suez route are scattered along at intervals Of every few hundred miles from Gibraltar eastward, while along the Nicaraguan canal route there must be a stretch of al thousand miles without the proper facilities for getting coal. Therefore for a private concern to undertake 70 build the canal and make a success of it, in the face of such competition, is a good deal of a venture. Besides it must be remen- bered that the Panama canal project may be revived at any time, and that S260, ,00O, GOO has already been sunk in that enterprise, which somebody is very likely to try at some time to get it out
Arizona republican., 1898-12-22
MRS. LEDYARD's WILL.
Filed fer Probate in New York-It
 Distributes About S1, 900.

New York, Dec. 21.-The will of Mrs. Matilda Cass Ledyard was filed for pro- bate today She died in London on November Is, 1898, leaving al estate of s1, GOO, ,OOO Her will bears date of No vember s, 1898, with a codicil executed the same day. To her daughter, Maud Spencer Ledyard, otherwise known as Matilda Ledyard, she leaves all her wearing apparel; to Mrs Catherine Louise Hill, $500; to the Newport hos pital, S1,000; to ''my nurse, Helen Wright, if she be in my service at the time of my death, $1,OO0;" to the Rev. Howard Antes, $500. There are a mum Der Of minor bequests. She leaves the residue of her estate to her daughters, Elizabeth Cass Goddard and Maud. In the event Of the death Of her daughters without issue, the property is to go to her sons, Louis Cass Ledyard and Henry B. Ledy2cd.
Arizona republican., 1898-12-22
A NEGRO SETTLEMENT.
Families From the Caroiinas tC te Lc-
 cated Ne3r New York.

New York, Dee. 21.-Means were taken yesterday to make public a state ment that Rufus L. Perry, a Il: gro law yer of Brooklyn, backed, it is dsclsrel, by several well known Tamm3ny cffi- cia1s, is to form 3. negro settlemens O 6,000 people within ght Of the greater New York.
 According to the statemsne g.vsn oIt tract Of land comprising 1,5C0 acr $ been secured upon an opticn, which will be taken up today. The f2mili s will be at once brought to thair hores from North and South Carolina and Georgia
 The projectors Of the scheme say they have the assurance that several large factories will bs put into opera tion as soCn as the cclCred folks are settled. A tcrwn is to be formed and the projectors say thsy will not Cnly be able to elect 9 mayor, but an assem- blyman as well. Each lot hclder will receive a deed Of his let, fer VII ci he tvill be charged S5. Il is said that the colony will be located in the nv county Of Nassau.
Arizona republican., 1898-12-22

woods. He knows every nook and cor
 her of them, for he was born here, and here he has passed three-quarters of
 his life.
 We explored the coun,ry for a good
 two hours. He talked fiuently in Eng fish Cn many subjects, explainng his views on ncn-rcSistance, on woman s
 rights, ard the future progress of the world generally. He spoke briefly of Henry George and his ideas on the land
 question. If I were czar,' he wrote me afterward, "I would put the single tax into operation, and then call a con- Stftutio1al convention and abdicate. , He took me into peasants house, and we sat down there for time while he ccnverssd with the occupants. I could net understand word but it was easy to sec how much they appreciated him. We passed a man blowing a field. That is 5hc work prefer to all others he said. When we reached home the fam fly had gathered for supper and we talked til a late hour. l noticed that every hing in the house was severely simple
 Count Tolst1i's wife and children fol- low him at intervals. The wonder to me is not tha- there should not be en- tire agreement among them but that he has influenced them as much as he has. Madame Tols,oi seemed to me to agree on the whole with her husband theo- ries, but she though. that he was in ad- vance Of the times, and she would not consent to educating the children as peasants. The count, like a good non resistant, gracefully yielded Neyerthe- less, his children more Or less accept his principles, and one daughter had been planting pcSatCas with a peasant woman on the day that 1 arrived
 One little story, told me by the gov ernesS, will illustrate his way of deal ing win the children. His youngest daughter, Sacha, a pretty child of ten, had como running into the house day or two before with her arm black and blue where a peasant boy had struck her; and she went, crying. to complain to her father. He took her un his knee and quieted her, and then said: IT 1 weTc you I would go he pantry and get plate of swcetraeaie and take 1t out to him. Don't you think that it will do him more good than whip Ding?" And he actually persuaded her to do as he said-Leslie's Weekly.
Arizona republican., 1898-12-22
|. L. PLANK, No. I7 North First Avenue.

Read the advertisements In The Re publican and learn the name and loca- ten of the houses whicAkre doing the business Of the town You will find the name of every successful business firm in the city in the advertising col umns.
Arizona republican., 1898-12-22
DRAWN BACK TO BUSINESS
Influence of Secretary Bliss wanfsd
 bY Financial Conservatives.

New York, .Dsc. 21.-It is understood
 that Secretary Bliss resigned bocaus:
 of the change fer the better in bushes
 values. The banking house Of whic! i he is member is intsI national in cp- 1 era afions. It is highly conservative i and remains through every period o1 l high prices and bccm va us The bus mess of the firm is 10 larger than ii
 was and the Secretary is said to fee 1 that it is falling behind others Of the same standing because Of his Inability l to give 1t daily attention. The restric-
 tiCns have not. it is said. cut seri2lisly y i into his income CT his private fortune and the probability is that they have
 not led to any lCsses at. all. The Sec
 rotary feels simply that he and his in- terests haYa been long encugb in prac- tical retirement, and that the time is i opportune for him tC plac3 the house upon new footing Ii is said that
 he has q numbsr Of q par urcr5 in mind but the understanding Of thCs2 H1o are associated with him is that he will fellow cut the policy ha has always pursued. He ccmCs back largely through their request and their iatsT- ests will be furthe-ed by his return to tlf9 Street.
 The Secretary will be anothcr fat cn the conservative side Of tte new boom period. He will stand wi5h An gust Belmont and with the F:sks as well as other houscs in the policy which they would like to hava ad-Dted. It is believed and feared that srecula- ticn will gain such. cc1troI ia some f. nancial hou=es that dividends will be manipulated as they cnce were.
 Tho Belmont theory has been that it is better fer every raj wy and indus trial concern to tracsfer first earnings to Q surplus account Eefcre payment of dividends Tho specu.atc.s are set against this, mainta ming that ID su-- plus funds arc m--c nee sary than the payment Of dividends when stock holders have waited fer them s1 long as they have. On he sidC of the spec ulat-rs are many of the ablcst men il the Strest. and at their head is ]. Pier pcnt Mcrgan him-elf Mir Morgan be- lieY-s that dividends should be pa and surplus I3id up, but if there is not enough for both a surplus and div idends the demands Of the stockholders fer ready money should be first ccm- piled with.
 MT. Belmont believes that to pay dividends now and also tc' ircrc ase div idends would be less wis9 than to lay up first a cons .derabIe surplus. H5 has the expericnce cf other companies on his side. but the pressure for the pay ment of dividends can be judged from the fact that in spite Of h:s belief Ii T has been compelled 10 give way baforoI the d5mand. The Belmont interests control Louisville and Nashville, and for six months MT. Belmont has set himself stcadfas1y 3g5irst the pay ment Of 2 dividend by th's company He still hcIicvs3 th3e it should n3t b paid, but t is 10 vic-at o1 cf emf dsnce tc say that the majority Ct the directors held decidedly tc the view that the public demand for dividends shSuld be ms. Tha questicn is Ect onR of the size Of the earnings, fo- the roAd has earned little ever per cent