Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1899-11-22
DR.. ELY'S LIFE WORK.
One Of the Greatest cyclopedic
Ventures of the Age.
EXHIBIT OF THINGS ECONOMIC.

appear AuOuknf thb fNOEh hs ~ ttnOf6
win Not BE Completed Cor Years An
Interesting Character at the Univer-
sity of Acknowledgement Scofeid Co
ing to Idaho to Live.
Madison, Wis. Nov. 21.-What prom
Uses to be one of the greatest cyclic
pedic ventures in this particularly
cyclopedic age is the forthcoming Citi-
zens' Library of Economics. Politics
and Sociology, to be edited by PROBES
sor Richard L. Ely. head of the de-
partment of economics and history at
the University of Wisconsin. The
whole vast complicated field of eco
nomic thought is to be covered in as
complete and exhaustive a manner as
the present status of the dismal sci
ence' permits of. The research work
of specialists in economic lines in the
past, the present and the future is to
be gathered together into one massy
whole by the editor and his assist
ants, thus giving TO the world in APP
proXimate completeness the actual
progress made i'll the study of II
les and the actual results accom-
plished.
The publication Of this massive
work, which is undertaken by the Har-
pers, will occupy many years, and
very possibly may never see compile
ton, since the economic prospect is
an ever broadening one in the deepen
ing, t%hickening, ~bewildering complex
ity of modern life. But so far as it
goes 1t is the intention Of the editor
tOmake it complete, exhaustive, though
as far as possible, a popular exposi-
ton Of things economic.
DIR. Ely will devote to this work the
balance of his life, and his successor,
whom the doctor will probably name,
will take up and carry forward this
great enterprise.
Tn II department of the ~cyclopedia,
entitled Distribution of Wealth." will
500 appear the initial volume of the
series; a work which is TO treat fully
the question of trusts and monopolies.
In the Introductory chapter of this
book DIR. Ely speaks of monopoly, in
effect, as follows: Monopoly means
the unity of action on the part of in
terested parties in any line of bust
ness, so as to give to some extent,
though not altogether, control of
price" Further he combats the So
cialistic theory that competition will
in the end prove its own destroyer.
He says there is no such thing as a
monopoly dependent for its existence
upon mere aggregation of capital, and
that the trust problem means merely
the securing from combinations the
advantages resultant with increased
capacity for production, and decrease
of waste. He contends that no anti
trust laws can successfully cope with
the trust evil as it actually and natur-
ally exists.
An Interesting Character from the Orient.
Attracted to the University of Wis
consin largely by the presence there of
Professor Richard L. Ely, who had
learned by correspondence something
of the character of the man and his
work, Mr.. Masasada ShioZawa has
won for himself rather unusual dis
tinctiOn. His first performance, while
still an undergraduate student at the
Imperial University of Japan, was the
compilation of a history, ancient, me.
diaeYal and modern of Europe, for the
use Of the secondary schools in his
own country. He then engaged him
self with a translation into Japanese
of one of DR.. Ely's books, Outlines
of Economies" Then followed a
translation of a prominent German
work on a similar subject. A close
study of DR.. Ely's books settled him in
the belief of the ultimate truth of the
rsults of the doctors laborious and
long continued Investigations in the
economic field, decided him to come
to America and get into q closer touch
with one whom he regarded as a mas
ter. Upon the completion of the thesis
with which he is now engaged, and
which he is developing into a book
"a Social and Political History of
Japan"-he will receive from the Uni
versity of Wisconsin the degree of
Phi. ID.
Mr.. ShioZawa comes from the old
hut now non-existant order of feudal
knights. He has been broadly and
thoroughly educated; a student and
scholar by the necessity of his own
nature; a finished gentleman; aristo-
cratic in the truest sense, yet nobly
democratic in all his ways. On his
departure for America he was hon
ored by a farewell dinner by Marquis
Ito. who shortly afterward became the
premier of the Mikado's empire.
The Elondike Baby.
Born in Dawson City, Jan. 3, 1893.
a few hours before the mothers death,
Mae Eldorado Edyren he's the distinc.
llOu VI Dtl1E LlC uESl WHItG CUliu DOTH
in the Klondike country. Taken in
charge at birth by a samaritan foster.
mother. DR.. Mary E. Mosely of Ros-
ton, the only oma physician in
Alaska; transferred thence to the care
of Mrs. John Mcdonald. who was
returning to Seattle, and there given
in charge to an aunt who had gone
from Madison to Seattle to receive the
precious mite. and carried thence TO
Madison, where now she lives with her
grand parents, Captain and Mrs.
James Bennett, the dainty Miss Edy.
rem little realizes the strange and sad
interest that attaches TO her young
life
As parting gifts to the Polar-born
child the miners and prospectors of
Dawson City came down handsomely
with gold dust, nuggets. etc. Captain
Jack Crawford, the scout-hunter of
the west. an old friend of the grand
father, gave her 500 and a letter to
Captain Bennett. Gifts of money came
from many others. all of which has
been put at interest to accumulate till
The little girl grows up At last nc.
counts she was doing well in her
changed life and she is the object OF
the greatest interest wherever shown.
or TransvaaI Interest.
Some innocent a short time ago
started the rumor that there was en-
ployed at the Capitol in some capacity
or other a Mfr. Kruger, a close relative
of the old man Ia South Africa. Dom
Paul Kruger. The rnmor spread until
a majority of the voters and taxpay-
ers in this camp of credulity actually
believed the yarn. and proceeded in
crowds at once to vex him with votive
offerings of curiosity. AT last a con-
seientious scrivener who loves truth
for it's own sake visited the poor vic
tim and learned that he 0ae victim)
had never been in South Africa; but
that his father many years ago had
run away TO sra and spent some time
in the Transvaal, but knew of no blood
relationship with Dom Paul, although
he bears the same name.
There Is, however, in Madison a
man on whom the Transvaal mania
might expend itself with some profit.
At the One Minute Coffee House Is n
William Cholles, an Englishman by
birth. who has seen every part of
South Africa, as well as the greater
part of the civilized and uneivilized
world. He was n party to the first
Jameson raid, and the story he tells
of that memorable expedition-of peril.