The age-herald., 1901-03-06

Let him seek out the most aple men in the country, men who are accustomed to conduct inquiries of magnitude and to investigate complicated business prob lems and have them make report on the conditions and the remedy required to allay the present state of apprehen- sion.
 The Spectator, in long article in which 1t seems to be convinced that the British steel and iron industries must succumb before Americas great combination. finds these interesting compensations:
 "If through cheaper steel a consider able amount of capital and labor. which is now employed here in the manufacture of that essential of civilization, ceases to find an adequate reward, there must be q corresponding gain to all connected with these industries In which steel Is the raw material. American engineering competition Is, no doubt, serious enough In many departments and bids fair to become more so, but just in so far as MT. Morgans corporation provides or indi- rectly secures to our engineers cheaper steel than they would otherwise obtain will it mitigate the severity of transat- lantlo rivalry in regard to the finished product
 There Is another compensation from a national point of view for any loss which our steel industry may suffer. It was the intense demand from the British iron and steel industries last year which was largely responsible for the extrava- ga2t prices of fuel from which all Brit ish industries suffered serious ineonveni- ence and considerable injury. If the re- quirements of our blast furnace owners and steel manufacturers are kept down we shall escape a recurrence of the coal boom which will be distinctly to the good Again, if iron and steel become cheaper the shipbuilding trade, the building trade and all trades using steel and iron can not fall to benefit thereby.
 "On the whole, therefore, there are ex- cellent reasons why we should not speak or think as if Messrs Morgan and Schwab had their hands on the throat of our national industry. Their efforts may do us good in many respects rather than harm, and 1t Is our hope also that the traditional energy and recently much de- veloped scientific resources of the iron masters of Great Britain will prove equal to the strain of the new and unquestion- ably serious situation
  strangers waited outside for the doors to be opened but owing to the large num- bers of people having appointments with the President it was decided not to com plicate matters by opening the doors to the general public.
 Governor Longino, of Mississippi, ac- companied by Arjutant-General Hensay and ex-Representative Catchings wero presented to the President Governor Heard. of Louisiana, was accompanied in his visit to the President by Senators Foster and McEnery, State Treasurer Smith and Representative Dewey. Eight members of the National Fremont Asso. citation met the President. They took deiphia, which nominated John c. Ere mont for President
 General Wheeler saw the President to pay his respects A large number of studnts from Atlanta came a little be- fore noon. The members of the United States Supreme Court, as' is their cus- tom at the beginning of a new adminls- tration, called in body to pay their respects to the President, and Senators Allison and Cockrell, as a Senate com mittee, notified the President that the Senate was in extraordinary session and ready to receive any message from him. When the committee started back to the Senate, Assistant Secretary Pruden left the capitol with the nominations of the cabinet officers. It is not expected at the White House that the Senate will be in session long.