davidaulloa/AmericanStories huggingface dataset:
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-07-10

the Hest Prescription for Malaria
ChilIs and Fever is n bottle of Groves Taste,esa
Chill Tonic. II is simply iron and quinine In q
sastelesS form No cure-no Day. Price soc.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-07-10
GENERAL DOMESTIC.


Brookfield, Mo. Democrats have arranged
for a big ratification meeting.
A woman fell into a well at Pana, Ill
and cluns TO the bricks until rescued.
The yacht Idlar IS said to have gone down
with sails set, and the crew is blamed.
An Illinois couple were twice married
yesterday. the preacher riding ten miles 10
perform the second ceremony in order 10
correct an error.
Alexander Jester is on trial charged with
the murder Of Gilbert Gates. The case was
opened at New London, Mo-. yesterday.
Both sides announced ready and the seiec-
ton of the jury will begin to-day.
The enrolment of tire Cherokee Indians
was began at Falkland. /. T., yesterday.
A mob of negroes killed one of their race
In Texas because they did not like him.
The German teachers elected officers at
their national meeting in Philadelphia
The Sugar Trust is at work again An
other raise in price costs the public s5.ec0, =
600
Governor Dole of Hawaii has decided that
only Americans shall hold Office in the is
land.
The National Educational Association IS
In session at Charleston
Diaz is again reelected President o, Mex
ico
4 special election IS called in Kentucky
for the purpose of repeating the Goebel
law.
The Dawes Commission issued a notice
touching the final allotments for Cherokees
Officers were selected for the State Ju-
dicial Convention. to be held at Se6aiia. De-
Almond will be chairman.
After long conference at Lincoln the
Democrats and Popuists decided to post
pone settlement of the vice presidential mat
ter until after the Nebraska Fusion Conven-
ton Mr.. Towne expressed his willingness
10 withdraw or stay in. whichever should be
considered better.
Adlai E Stevenson arrived in Lincoln
Neb. and received an ovation. Mr.. Bryan
expressed his desire to make very few
speeches this campaign. The Democrats
Executive Committee held an informal
meeting.
The Sangamon County Republican con-
tests were decided in favor of the Tanner
faction as against the Cullom crowd.
Frances charge d'affaires at Washington
says the railways. not the missionaries.
caused the bitterness Of Chinese against
foreigners. and thus led to the Boxer riots
Aided by thought waves, Doctor Lydia
Clements goes to Cape Nome to hum gold,
with which she expects 10 found a new
school OF philosophy.
The case OF Caleb Powers. charged with
completely IN the murder of Governor Goe-
bel Of Kentucky, was called at Georgetown
but q delay until Tuesday was granted the
defense. Three bullets were reported to
have been found in the Secretary's former
office.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-07-10
SPORTING,

Mondays Fair Grounds winners: Obia
Muskslonge. Graves. Crossmolina. Dave
Waldo and Theory.
st. Louis hit Pitcher Willis Of Boston for
seven safe drives in the fourth inning and
won the game 10 to 3
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-23

rule that to be benefcent fraternity must pro-
mote the general social life of the college in all
the four classes alike and among rich and poor
alike, on the sole basis of manly worth. And
any fraternity that does not do so, but that OBJ
serves artificial determinations setting class
against class, is detriment to its members and
to the college. There GENES to mind a song or
one of the fraternities which procams that
within its circle no man is a freshman or sophie
more, or Junior senior, but only just-a mem
Der OF that fraternity. That is the true spirit.
There are In some colleges certain senior socie-
ties" which are an exception to the rule, for OBJ
viOus reasons. Their purpose and influence are
undoubtedly benefcent. But generally speak
ing, the "class society" is not productive of
good. 1t does not promote the college spirit
1t Is too often the source of class rivalres culmi
mating in discreditable acts. The really worthy
and influential fraternities which give its best
tone to the whole system and which constitute
an important and valuable part of American col
lege life, are those which embrace all the classes
and thus extend their influence over a mans
whole college career.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-23
THE YEAR OF PROFITS

1t has become of the utmost importance in
business to distinguish between the earnings of
a manufacturing corporation irrespective of
transltory changes in prices of materials or
products, and the profits which such changes
may confer. Conservative and sound investors
have generally grasped the idea that last years
profits in the iron business for example. cannot
with any safety be regarded as proof of the per-
manent earning power of manufacturing cor
poratlons Yet not many fully realize how
largely the results of last years business. which
are now dazzling the eyes of the unthinking
really depended upon changes which were en-
trely beyond the control of the corporations en-
riched thereby.
Over thirteen million tons of pig iron were
worked into various forms for use or sale. Most
of that quantity was bought before the middle
OF February when the price which had ranged
for many months between SO and S11 for Bes-
semer pig at Pittsburg, suddenly rose above So
and within a month above $15. This rise did
not come until the greater part of the possible
output for the year had been covered by con-
tracts, and the direct consequence of those
contracts Because 1t became hard to get re-
liable contracts to deliver in future months the
iron required, those who needed II began to offer
and those who could supply it accepted, higher
prices. But behind the bargains for pig iron
there had been by far the greatest demand for
finished products ever known in this country
Even before the year began its greatest rail
mills had contracted to deliver nearly all the
rails they could produce in the entire year, and
some of them had covered their whole years
possible output before prices advanced at all.
Similar contracts in greater or less degree COW
cred the producing capacity in plates, sheets,
structural forms and most other finished prod
ucts.
1t is essential to notice that the impulse here
did not come from the manufacturers them
selves, but from the whole consuming world.
Railroads had made good profits in 1898, fore
saw great business in 1899 and needed an I'M
usual supply Of rails for relaying and exten-
sions The United States Government and
several others wanted great war vessels.
Transporting companies on the ocean, the lakes
and the rivers wanted a sudden and great in
crease OF their capacity. Manufacturing con-
Germs OF all sorts throughout the country, con-
vincsd that some years of extraordinary pros.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-23
A BILLION IN ASSETS.

1t Is clear from the annual reports filed at
Albany that the savings banks of the Empire
State iourished in 1899. Their total resources
were increased nearly $37. 900 900, and their sur
plus was enlarged by more than S5,000,0OO,
reaching an aggregate of almost SIP 100000.
More than quarter of a billion dollars were de-
posted in twelve months, while the amount
withdrawn was somewhat in excess of SPIT
100000 The figures of the sums due depositors
are impressive. On January l, 1899, the total
was $S16, 144,367 and on January 1, 1900 it
was more than S7OOOO,O0O larger, going up to
sSs7 .4sO,65O. The total resources of the savings
banks on January l, 1900, expanded to the mag
niicent aggregate of ST 600 209O99
This is in truth splendid showing. and the
people of this city may we'll be gratfed by the
agement of the savings banks in the various
boroughs. In the early seventies several of
these institutions were forced to close their
doors on account of the shameless betrayals of
trust on the part of the officers. Among these
We're the Mutual Benefit, the Sixpenny and the
Peoples Savings banks. In the Tweed era the
money of the poor was wickedly misused in a
number of instances. Now our institutions for
savings are so conducted as 10 Justify the faith
in them which is felt so generally Some of the
depositors might be better pleased if they were
getting higher rates of interest, but most of
them are intelligent enough to understand the
difficulties that lie in the way of investing the
hundreds of millions which they have deposited
in such securities as are safe and sure, and
from which reasonable returns may he looked
for without check delay. Financial ability of
a high order is constantly devoted to the watch
full guardianship and the wise investment of
the savings which are committed to the care of
the many Boards of Trustees. The depositors
have cause to be thankful
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-23

in Rome tired and hot found great d I'M p,ks N
getting a porter. So she seized on tns IN.
Now. my good man." she said i've notlceo you ~,
at all these stations lcai1g about. JUST nix ~
yourself useful for once in life Take my bag
and find me a cab" The Duke mildly did as ne
bid and rewarded with a sxpence
THANK you, madam. he said 81 shall prize ms 5.
indeedi 1t is the first coin have ever earned Va
my life"
George w. Peck. OF Milwaukee. Ex-Governor OF
Wisconsin, has been appointed by Governor Scoheid
as member-at-large of the Board of Regents OF the
University of Wisconsin. He succeeds John Jonn-
ston. of Milwaukee. president Of the Board IL Is
said that Ex-Governor Peck's appointment will be
especially popular among the students interested IN
athletics, as Re is known to hold liberal views on
the subject
The birthplace OF John Brown, in Torrfng ton
Conn, is to be purchased by a society organized
for the purpose and is 70 be repaired and held as
historical relic. The house Is in dilapidated
condition and has for years been occupied
by poor negro family.
Dubuque. Iowa, Feb. 22.-Archbishop Hennessy's
condition is such tonight that hopes Of his re-
covery have been abandoned The physicians ex-
pect death within day two.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-23
PERSONAL.

Or. D. K. Pearsons, of Chicago. who has given
much money TO colleges, thus explains why he
prefers to help colleges: Monuments and COM
memorative arches stand as beautiful memorials to
posterity. and their utility and are not TO be
decried While being built they furnish employ
ment to thousands and offer means TO distribute
in proper manner large sums of money among the
masses But once finished. they become dead
MORALS; their active functions Libraries are
better living and working agency for the uplif-
ing OF the masses but they do not possess the di-
rect and more active functions OF the school and
the college. The school and the college live Just
does the memorial In cold statuesque granite, and
their functions never cease Education goes
from day to day. Washngtons, Lncons, Grants
are made, statesmen are evolved and thinkers
moulded. The Nation is served and humanity Is
benefited. / believe in the college. IL hammers
away steadily and increasingly from year TO year
few years ago large party headed by the
Duke OF Norfolk, went a tour through the
Contlnen' The Duke busted himself very much
the journey In a kind hearted way about the
welfare of every in the party At every sta
ton he used to get out and SO round to II he
could do anything for any Ole, One old woman.
who did not know him. when che arrived at last
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-23

perity were to come, planned extensions OF
works new buildings, new roads and bridges
and new machinery Of every variety. Business
in all the leading cities demanded many new
structures so that the work executed in 1899
on the whole beyond precedent The swift
extension of trolley and other electric lines, and
of electric machinery for transporting and other
purposes, made new demands upon iron works
far beyond the expectations of any. But much
the same changes were occurring in other coun-
tries, so that in these also the iron producing
and manufacturing concerns were crowded be-
yond their capacity and heavy orders were
placed in this country. But for such conditions
abroad the great rise in prices here would not
have been possible, even with the duties on i'm
ports in force.
These conditions, all absolutely beyond the
control of the iron producing concerns, forced
the price upward that it had risen about one
half before the first quarter Of the year had
passed, and much more. s. a ton, before
the second quarter had closed, while in the two
remaining quarters ii advanced hardly 81
ton further. Probably two-thirds of the thir-
teen million tons were bought at the prices OF
the first quarter, averaging little above the
bottom, and nearly all the remaining third was
bought Mt the prices made before the middle or
May, averaging about $14 a ton. The deliv
were heaviest toward the close. with the largest
profits, because in execution of contracts made
after the great rise had begun. 1t would be by
no means surprising if SO a ton was realized
as profits resulting directly from the rise in raw
iron, and If the Carnegie concern produced
little less than a seventh of the entire years
output in value its profits directly resulting
from the advance In iron were not much
less than the SCI 100000 mentioned as It's full
earnings for the year. The other concerns
shared the gain, according to their proportion
of the production. They realized splendid re-
suits for the year, and that after paying hand
SOmely increased wages to about two hundred
thousand hands But who can guess what the
earnings would have been if, with the same
volume of business and fair returns for the
labor and risk of manufacturing, there had been
no rise in prices? Obviously it is folly to say
that such rise due to duties on imports
because, even at the highest prices Of last year
or this, contracts for export from this country
have been continually made, and others pend
ing but refused because American works were
too crowded to fill them. An extraordinary
condition throughout the civilized world, one
which may not be seen again in a century, pro
duced great profits for the iron makers and
workers, but those profits afford no indication
of the earning power of the great corporations
under conditions of ordinary prosperity.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-23
AS TO COLLEGE FRATERNITIES.

The sophomore class societies at Yale have re-
Gently been much to the fore in the question
whether their influence upon university life Is
good or bad and consequently whether they
should be maintained or abolished The ques-
ton has both local and general bearing. SO
far as the former is concerned, 1t may safely be
left to the faculty and students of Yale for set
tlement That venerable institution has tackled
many harder problems and solved them salts
factorily. and we no reason to doubt that 1t
will repeat the process in the present case. But
the general aspects of the question and the gen
eral principles involved considerably transcend
the limits of any institution. and are legiti-
mately to be regarded as pertaining to educa-
tional interests in their widest scope
1t is too late to raise any question Of the pro-
priety of Greek letter. fraternties as such.
That has been settled by common consent. With
all due respect to the few estimable institutions
which debar them. the overwhelming judgment
of colleges, of college faculties and of college
men of the best type is in favor of such Organi-
cations. MAN is a social being" and never
more so than in mis- college days. And there is
a certain fascination in mystery or in exclusive
ness which makes a secret society far more at
tractive than any other. The secrets may not
amount to much in themselves Neither do the
domestic condolences of family. Yet it is the
reservation of them from public knowledge that
forms one of the strongest elements of SYM
patty within the household and it is just so in
the social organization The secret grip" may
be and probably is the same in a dozen different
fraternties, yet so long the members of each
think or succeed in thinking that they think it
is exclusively their own it serves perfectly the
purpose of stimulating their interest in each
other and of uniting them in special bonds of
friendship.
But 1t would be idle to deny that the frater-
nifty Is susceptible of abuse. SO is the family
to continue the comparison. There is such a
thing in family life as offensive clannishness,
under the malign influence of which the family
becomes not the foundation but the foe of social
life. That point is reached the moment the
members Of one family regard with disdain
those of all other families simply because they
are of other families. Precisely so will a fra
ternity become an evil if its members regard
with dsdain animosity those of other frater-
mites simply because they are of other fraterni-
ties. In such a case the fraternity becomes the
foe of social life in the cOllege-the very thing it
ought TO promote. And the social life-the at
mosphere, the influence, the spirit or whatever
you may call it's one of the most precious and
most practically valuable things about a college.
IL may be laid down, then, as a pretty safe
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-23
aesp91ork Dailp @ibmare
FRIDAY, FEBRUARY %, 1900.
THE NEWS THIS MORNING.

CONGRESS- Mr.. Penrose did not call
IN the QUAY case but will do so to-day; Wash
ington's Farewell Address was read by MT.
Fora ker House: Debate on the Puerto
Rican Tariff bill continued at day and night
sessions
eral Cronje's force as surrounded on the MOD
der River and that reinforcements for the Boer
army under General Botha were driven OH win
loss fifty Beers being captured; request TOT
an arrnistice from General Cronje was met with
the reply that he must fight to finish or sur
render: the position of the Boer commander Is
described as a veritable death trap. being IN the
he'd of the river - mob OF MusSulmans
attacked the British Consulate in Beyroot,
SYRIA; troops have been dispatched to the scene.
DOMESTIC-The Democratic National Con-
vention was called to meet in Kansas CITY MO-
on July 4: the sentiment in the committee was
unanimous for the nomination OF Bryan -
The Senate and House conferrees on the Cur
rencv bill reached an agreement on almost all
the important points Of difference between them
Senator Clark's son testified before the
Senate Committee. denying charges OF bribery
in connection with his fathers election. -
The Chinese Minister, WI Ting Fang, spoke
before the University Of Pennsylvania, and sug-
gested the Monroe Doctrine for Asia - I'm
portant amendments were made TO the Bridge
bill; apparently the Brennan Commission is
seeking to secure control of the construction
CITY-Corporation Counsel Whalen issued a
statement attacking Controller Coler in the con-
troversey over the confession OF Juoemehts
against the city. - 1t was announced that
the Rev DR.. G. W. F. Birch had filed an ap-
neal 10 the General Assembly Of the Presby-
terrain Church in the case of the Rev. Dr. Ar
thur c. McGiffert. charged by him with heresy.
- The new Hall OF the Board of Education
was formally presented to the city, and turned
over TO the care Of the Board
THE NEUTRALITY-SUSPICIOUS. for to-day:
Rain or snow The temperature yesterday:
Highest. 81 degrees: lowest. So average, 4o1s-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-23
PROFIT AND LOSS

The latest attempt to regulate private bust
ness by public legislation has for its aim the
restriction of profits. 1t is proposed to prohibit,
through the agency of the Interstate Commerce
Commission, the transportation of certain
classes of goods upon which the manufacturers
are making a profit of more than per cent.
1t would be easy to find fault with this
scheme on various grounds In the first place,
it could not we'll be applied to any goods except
those shipped from one State to another Goods
made, shipped and consumed all within the
same State would obviously be exempt In
the next place it would be a sstupendous
job for the Commission TO keep agents in
every factory, watching the work, examin-
ing the accounts and making certain exactly
what was the profit on each lot of goods Again.
1t might well be argued that per cent is too
small profit, seeing that it is below the legal
rate OF interest on money. If man may legally
draw or per cent interest on money invested
in loans mortgag es, on what just principle
shall restrict to per cent his profits on
money invested in manufacturing Industries?
And yet again. where is the prohibition to stop?
Shall we forbid a man to sell horse or a
farm at more than 4 per cent increase upon it's
cost to him?
Above and beyond all these and other objec-
tons, however, is this, that while the proposed
scheme would restrict profits It would not pre-
vent losses. And unless it did the latter 1t
would have no moral right TO do the former.
manufacturer, II declares in effect shall not
make more than per cent profits But 1t does
not guarantee that he shall always make per
cent, or, indeed, any profits at all. Yet every
business man knows that in the natural huctua-
tons Of trade profit and loss alternate. Estab-
lishments not infrequently go through a month
a year of dead loss on the strength Of the
profits they have formerly made, or have reason
able expectation of afterward making. But if
they be forbidden to make more than certain
rate of profit and that low one upon what
they to depend for support in the lean
time" when they are run at loss?
There is the fatal error in this scheme. as in
various other schemes that have been put for
ward for giving the control of mems businesses
to others than themselves It is the old question
of profit and loss, of power and responsibility.
If some one other than the owner of the prop
erty is to dictate its management and control
it's profits, that other one should also make good
its losses. If legislation is to restrict a mans
profits, it should also guarantee him against
losses. Whoever has power over an establish
ment must in justice be held responsible for its
welfare.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-23
Amnsrmenfs.

ACADEMY OF MUsIcs:1o-way Down East
AMERICAN Neutrality-suspicious.
BIJOC-s:l5-Aunt Hannah.
I-AsINO-S-The Princess Chic.
CRITERION THEATRE-s-2o-The Little Minis'ef-
DALY's TEEATRE-s:So-The Ambassador -, c,~ons
EDEN MUSEE-9 a. m. 20 IL p. m.-Waxworhs' o
Concert and CinematogTaph.
EMPIRE THEATRES :3o-Brother Officers.
FIFTH AVENUE THEATRE-s:15-Mary stuart
FOURTEENTH STREET TdEATRE-s-A Romance Oh
GARDEN THEkTRE-7:so Are Trumps
GARRTCK NEUTRALITY-SUSPICIOUS. Holmes.
CIR AND OPERA HOUSE-S-In Old Kentucky
HANMERSTEIN'S NEUTRALITY-SUSPICIOUS. and the "'n-
derfUi Lamp
HARLEM OPERA HoUsE-s:16-The Only Way. 49,.
HERALD SQUARE THEATRES o-Naughty Anth0n''
IRVING PLACE THEATRE-S-1m Wessen Roeti-
KEITHS-Continuous Performance. u-.-s
FNJCKERROCFkER NEUTRALITY-SUSPICIOUS. we w.
Twenty-one.
ROSTER & BIAL's-s15-vsudev1le.
LION MUSIC HAILs-Vaudeviie.
TYrFsI-M THEATRES :30-The Surprises OF Love ~,
MADISON SQUARE GARDEN-e a, m TO IL p m-pos
MADISON SQUARE -s:so-coraiie Co..
MENpFfsSoTIN HAII.-s:15-Mr. George GrossInith. a,
METROPOLITAN OPERA HoUSh@-S-i Daio'e4e -
Sivtglia-
NETWORK ACKNOWLEDGEMENTS 10 UNIV
PASTOR S-Continuous Performance
WALLACE S-S-Sspho.