davidaulloa/AmericanStories huggingface dataset:
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-09-07

III both hemlspheres business men
are noting with some concern that
things look very much as though we
were Oh the brink of another financial
crisis"
The fears Of an impending crash may
possibly prove premature and exagger-
Rted; but It must in any case be con-
ceded that there is ample ground for
them. For months past the symptoms
which usually 9rald the advent Of a
financial cataclbsm have been steadily
Increasing in number and gaining in
intensity, and 1t is not pleasant to
remember that financial troubles gen.
orally mature In the autumn.
These Crises are as old as commerce
Itself and the regularity with which
they come hes led many people TO ac-
cett their supposed 'periodicity" as an
article Of business faith, in very much
6he same way as the astronomer has
Hccepted the periodiolty of sunspots
land Of comets. There has even been
evolved a "decennial theory which
finds many adherents II amounts TO
this, that about every ten years or so
there must be a turning point In the
state Of trade; and the history Of fin-
ance and commerce certainly tends to
give strong support to the view. To go
back for no more than half century,
we find that in England trade "sumps"
were inaugurated by panics in lSi7,
1857 and 1866. In 1869 there was a
''black Friday" in New York; In 1873
things were bad here; In 1882 there was
q crisis which showed itself at its
worst In France; in 1890 the Argentine
collapse took place: and, II there is
anything at all in the ten-year theory,
there ought to be another smash either
this year or the next.
THE CYCLE OF CRISES.
Well, decennlal theory or not, there Is
no doubt as TO the reasons why these
critical periods are reached from time
TO time, nor Is II difficult to see the
manner In which they arise. They are
due 10 human optimism, to human
energy, and TO a very human weak
ness for getting rich as fast as pos
sibe.
Taking one panic as starting point,
lthe development of the pext crisis takes
lplace on something like the following
Zines: Immediately after great col
lapse we witness an epidemic of eau
tion and a curtalment of credit.
These bring about a falling-off In
business In every direction. Raw ma
|terials fall In price, wages decline,
profits are reduced, capital yields
poor return, and money" becomes
cheap. In the general timidity you wit
,ess notably a disinclinatlo, to give
credit abroad, and capital with
irawn from fors9n countries,,, 1ge
Gale. II Is therlallowed to as.nmulate
home, wheIll II becomes almost
rorthless aad fnuisance. After few
ears the stagnation In the capital
Rnarket becomes unbearable. Also eau
Ntion loses its novelty, and is gradually
abandoned. The long pent-up energy
and the accumulated capital once more
begin TO flow into new channels-the
old ones which resulted in the last
crisis are generally eschewed. The first
effects OF this renewed activity are
gratifying. Business men love TO be
busy. The activity gradually increases;
by degrees the pace grows faster, and
the rush for gain more excited; the ex-
element leads 10 rashness, speculation,
over trading. over-hnancing. Suddenly
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-09-07

the neighborhood OF all the reserva-
lions in Wisconsin and Minnesota are
very fond Of wild rice, which is COM
monty offered for sale in the towns
Charles c. Opel, a produce dealer Of
Duluth states that he handles from
one TO two tons Of II every season.
Most OF the cruisers, explorers and
homesteaders take 1t out into the woods
with them" he says, "and they claim
that II is better than tame rice because
II does not take so long to prepare"
II Is largely consumed In lumber camps
in the region where 1t grows.
The wild rice that comes TO market in
this way is all OF 1t gathered by the
Indians, the work OF harvesting and
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-09-07
r

appea,ea to the instincts of the eau
tious small investor. As regards the
latter. there was 10 be no more trust
ing dishonest South American govern
ments or thieving American lailroad
rascals. Instead of that there was TO
be sound investment In reliable home
enterprises OF all kinds.
The idea caught on. Those who want
ed 10 gamble went TO the Kaitir circus,
and lhose who wanted to invest went
into lncuAtrials: and as soon as there
came a demand for these SOCKS there
naturally came a supply Of them There
arose whole army OF company promo
ters ot I'll shades Of merit, ranging
from the people who converted Guln-
ness and Coats to those who enabled
the public to acquire interest Ia con-
Germs like Dunlops or Welsbachs. not
TO mention the thousand ana one min
ing shares created during the last de-
cade. Ii is to be observed mat what
ever was really good among these new
creations seldom went to the pubic
but was quietly ana quickly taken UP
by cautious and competent Judges
What the general public got was the
rubbish. and ii still holds 1t today IL
would be impossible even to approx
mate the amount which the "B.P' nave
lost in the successive booms of West
ralians, cycles, British Columbians' ana
the like, but the amount must exceed
maity times the cost of the most eA-
pensive war that was ever waged.
But the penalty for financial follles
is not altogether paid by the small IN
weston exclusively. The hnancier him
self is called to book, Exaggerated
ideas in the absorbing capacity of the
public, exaggerated faith in the merits
Of the schemes he contemplated
bringing out and inability to read
the signs of the times have caused him
to become by degrees loaded up with
all descriptions Of stock that Is stu in
the transitory stages between creation
and sale to the public.
In the city most people today hold
more than they can carry Those who
devote themselves to company-promot-
ing have on hand countless embryo
schemes, In every one of which they
have put good money that cannot be
got out. Those who go In for under
writing hold far more than they wish
OF newly-created securities, which the
public was enormously expected to take
off their hands. Those who own min
ing and railway shares have more than
Is good for them. and whatever they
have has generally been "pawned" up
10 the hilt.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-09-07
UNDER TOO MUCH SAIL.

In short, everyone is overloaded, and
has strained his credit to the utmost
in spite OF the low bank rate there is
no money in the city. no money In the
sense OF liquid capital There Is only
a top-heavy structure founded on cred
It, and should anything occur TO shake
the delicate foundation a collapse viii
probably prove inevitable.
In the question whether anything OF
that kind will occur centers the whole
crux OF the present situation.
II we were dependent upon no one but
ourselves our state OF financial conges-
ton would probably not involve any
particular danger. II would, it is true.
necessitate a financial rest and engen-
der state Of inactivity, but II would
not necessarily lead to collapse. But
our worldwide interests, the interna-
tional ramifications Of finance, and the
close sympathy and intimate relations
subsisting between our center and
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-09-07
Justice Jcnn B. Timmony.

n THE person OF the late Justice
John h. Timmony the public had an
official who was a terror TO evil
doors; yet. withal. man who was
quick to see when and where leniency
could be exercised to the best possible
advantage. The compassionate part NJ
his nature was easily stirred by and '-
behalf Of the really deserving and UNI
fortunate. But to the confirmed Grim
lnal he was a wholly different kind of
a man. There was little pity In his
v' for the gambler. who by his wiles,
defrauded an unsuspecting tenderfoot
out OF his hard earnings. or for the
shameless French women who piled
their vocations in the slums. To the
wife beater and the debaucher OF inno-
cent girls he was the very personifica-
ton OF dread. All these knew that
when they faced him he could see
through the vCSeer OF pretense ana NY
pocrisy and that they would be judged
according TO their deeds. Arraignment
before him did not simply Near 4 aop-
etary fine. but II meant a sojourn IN
Jail as well. In fact he was Just the
kind OF official that would have made
an invaluable right hand man to any
mayor determined TO have the laws and
ordinances Of the city enforced.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-09-07
DANGER OF ANOTHER FINANCIAL CRISIS


That
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-09-07

sirable spot for the camp could
scarcely have been found anywhere in
the state. The setting seems to be well
nigh. perfect, with the lofty mountains
affording background on one side and
on the other a stretch of level country
reaching out to the shores OF the lake,
The immediate surroundings are de-
lightful, with row Of stately trees en-
circling the entire camp and not a par
ticle Of dust TO impair the green re-
freshing aspect Of the scene Nearly
every facility is at hand so that no
necessary feature OF a guard encamp-
ment need be neglected here. West Of
the tents Is located the broad field for
drilling and parade. it's large enough
for the entire brigade 10 effect any
maneuyer within It's palings, and the
cool sod instead of the dusty earth
renders marching pleasure. The bat
terry has all the room It requires even
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-09-07
Justice Chris B. Diehl.


HE selection by Mayor Thompson
OF Police Court Clerk Chris. b.
Diehl to succeed the late John
y. Timmony, is decided rec
ognition Of the young man in politics,
for Mr.. Di,hl Is years and years the
Junior Of any other man who was
candidate for the place The fact that
he is young In years. however, does not
mean that he is without experience.
The contrary Is true. as IN the position
he has heretofore held he was closely
associated with the dead justice Be
sldes he knows the lawless element OF
this city as well as any man, having
hse~ public prosecutor for more than
three years past. His trends do not
hes''~'s 20 sa. ihatN e viii be equal
10 the demand made upon him. Unlike
he Predecessor the most OF his life and
nnhlic service are before him. But he
has an opportunity 20 make a name for
hir ielf that will shine Just as resplen-
dd ~ as does that OF the man into
wffhse place he has stepped and whose
Example he has before him. His ia
~nlliarity with the duties imnosed upon
him should make this comparatively
easy task. Certain Il ig he can have
the support ard confidence Of the citi.
Eens OF Salt Lake II he but wills H.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-09-07

Y HOSE who have not had the
privilege Of visiting Camp Law
ton, the home of the Utah Ma
tional Guard during its present
encampment, will derive much
pleasure from looking upon the
beautiful cut above. A more de-
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1901-09-28
Soldiers Crimes.

WASHINGTON, Sept. 27-A heavy
mail from the Philippines was receiv-
ed at the War Department today. 1t
included the records of many eases of
crimes and misdemeanors tried by
military commissions at Manila and
elsewhere in the archipelago.
-Four natives were tried on charge
OF numbering American prisoners, in
violation Of the laws of war. They
were part Of the insurgents guard
of two American prisoners George b.
Sullivan and Private James L. Hus-
keith, Company III, Twenty ninth Vol
unteer Infantry. Their commanding
officer-a lieutenant of insurgents
issued an order that when the corpo-
raj of the guard, who was marching
in front OF the prisoners, should lift
his hat the insurgents behind the
Americans should take 1t as signal
for the bayoneting OF the prisoners.
This brutal program was carried out
to the letter.
General Chaffee set aside their SEN
fences of death and set them at liber-
is on the ground that they were COM
PEELED to obey orders. The insurgent
lieutenant who ordered the Ameri-
cans pnt to death, is now awaiting
the execution Of the sentence OF
death.
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1901-09-28

WEAVER the grocer aims to keep
a stock from which the most critical
and exaeting can buy without find
ing fault with the quality, and to
sell everything at prices that are
satisfactory.
IF you do not get your paper reg
ularly please inform this Office. Ii
carrier boys are negligent this paper
wishes to know it.
THE ssAUXILIARY Savings Banks
being issued by the Farmers & Mer-
chants Bank make it possible to save
money when the saving impulse is
upon you and prevent you from spend
ing your money when you weaken.
Bur the melton cloth for skirts at
Posten's.
THE Acme Book Store has splen-
did line of waste baskets at 100000
cents.
OLD clothes made to look as good
as new by George Weibel, the dyer and
cleaner. 424 Front Street.
AN excursion will be run to Pitts
burg from this place to morrow.
The rate will be $3.50 and the train
leaves here at $3.50 in the morning.
Many people will no doubt take in
the affair.
THE Woman's Year Club of the
Episcopal church will, beginning on
next Saturday, open an exchange in
the store of Ed Hayes. near the
Wallace House. They will have on
sale cakes, pies and other delicacies
The exchange will be open every
Saturday during the Winter. Its
object is to raise funds for an organ
for the church.
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1901-09-28
Office hours to IL am, l to 5.

SEE the pictures and frames at once
at Postens.
THE Ministries to be given by the
local council of the Flint Glass
Workers Union on Friday and Sat
nrday nigaJs promises TO be most
enjoyable affair.
GLASSWARE made by our home
factories can be found atnPosten's.
You can save money at Posten' s
Cash Store.
A SIDEWALK is being laid along
Front street past the Experiment
Station. People have been using the
pavement for a sidewalk and will be
glad to have something for their eX-
elusive use from this on.
WANTED: Good houses for our
employees. Good tenants and rent
assured. Inquire of the w. R. Jones
Glass Company. Room "a Post Of
flee building.
The streets have become very dir
ty again and they should receive
some attention.
A PLACE where you can always
buy the finest butter, fresh home
made bread, vegetables right from
the farm, and teas and coffees that
are the best the worlds markets af-
fords, is the place to buy, an9 ]. A
Viewers is that place.
THE Author of Eben Holden has
written a new book called D'Ri and I.
Already several thousand copies have
been sold. About a hundred copies
have been sold at the Acme. Nor
gantown people are great readers.
The total number Of deaths in
West Virginia in 100 was 1858, of
which 5,046 were male and 4,542 fe-
males, 9,074 white and 514 colored.
There were 81 deaths of people IS
years old and over and Al between sc
and Ga. Consumption was the cause
of 1,273 deaths. Diseases of the res
pitory system caused 1880 deaths.
Accidents were responsible for 597
deaths, including II homicides. So
drowning, 1903 killed in railroad acct
dents and 81 suicides.
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1901-09-28
ANsNr 0uE safEsns.
Personal Mention Of Prominent People
Where they are and How they are.

Personal Mention Of Prominent Peopl,
Where they are and How they are.
Benson Jacobs, of Little Falls wa.
visitor here to-day.
G w. Finnell has gone to Pittsburf
to spend q few days on business.
I. A. Yeager has returned from
Fairmont where he had been to meet
his father on Friday afternoon
George Winger is quite sick al
his home in SouthMorgantown.
Mrs Barriekman who has fever at
her home on Suanyside is very i'll
indeed. Her friends hope for early
Improvement,
|. n Weaver is in Buffalo to visit
the Pan American. He will visit
several other points OF interest before
he returns.
Lieutenant w. II. Fredlock, Of
Piedmont, is here to visit Mr.. and
Mrs. A " Jones. He came in this
morning.
4. {. TORY has gone to Parkers-
burg to attend to some business in
connection with the scale board mill
at Elizabeth.
Sergeant Carl Canehart arrived
this morning from Fairmont where
be had remained over night. He
was called home by the illness of
his father.
Raymond Fast who has been at
Wheeling with Company L has re-
turned home. He received very
complimentary mention in the
Wheeling Register while in camp.
Regent J. r. Trotter has entered
the University to take the law course
and will make his home in Morgan
town during the coming winter. Ev-
cry one is glad to have him and his
wife locate here.
Miss Stella Hall has returned
from an extended trip to Anderson
and other points in the Southern
part of the state. She visited Mt
Moundsyille and Wheeling before
her return.
Miss Clara Burril, of Warrington
is SAID to be the youngest the small
est in stature, and the most skillful
in the use Of the pen of all the CO.
eds in attendance upon the business
Department Of the West Va. Univer-
sity.
Harry Gabler who has been act
ing as hospital steward at the en-
campment in Wheeling has returned
home He says that the cases of
sickness IN camp were very few
and that the health of the men was
very much better than ordinary.
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1901-09-28
Crop Condition.

The weekly summary Of crop condi-
tion issued this week by the u. S. de-
partment for agriculture says, for
West Virginia:
Clear, cool weather. with ample
moisture, favorable for farm work and
late crops; frost, although heavy in
localities, practically did no damage
and most corn now out Of danger;
blowing and corn cutting in progress;
but no seeding done; potatoes being
dug, yielding about half crop; buck
wheat being harvested with good
yield; apples one fourth to one halt
crop.
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1901-09-28
UP-TO-DATE DENTISTRY
Drs. Conn, Bros.
Once |. 0. 0. T. Building


BENNY WILLIAMS saloon was en-
tered last night and the thieves car
ried of the cash register. They re-
ceiyed nothing in cash for their pains.
WHILE passing, glance in f. J. ST.
Glars window and see the latest
styles and fads in foot wear
YoUR razor viii be honed and put
in the best possible order at AID.
Bowers for Is cents.
CHARLIE HERDS merry go round
will be taken to Uniontown to start
on Monday
The cheapest line of dry goods 10
town at Posten's Cash Store.
PrrrsBuRG is winning all the
games that are being played and the
pennant is now safely clinched for
the Smoky City. This is the first
time for many years that the honor
has landed there although every
year has brought out a bunch of
prophecies that it would come.
THE minstrel to begin tonight at
the opera house by the local council
of Glass workers promises to be a
great success. Elaborate prepara-
tions have been made for it, and it
deserves a large patronage. The en-
teftainment viii be repeated tomor-
row night.
THOSE who travel up or down the
river are very much pleased with the
way that the work on the locks and
dams is going. The contractors are
making things move with celebrity at
each Of the dams on which work is
being done.
uNIoNToWN is very proud of the
eleven story building that has been
started down there. The sky scraper
will be one of the finest IN the country
and will be thoroughly up to date in
every respect. The old town is boom-
ing in substantial manner and the
building is expected to prove to be a
profitable investment.
MoRGANTowN has right to be
proud of her company of National
Guards. They had the best record Of
any company in camp for discipline
and conduct and were decidedly the
best drilled company in the brigade.
This was admitted by all of the off,
GERS IN the encampment.
THE Young Peodle's Union at the
Baptist church gave a delightful
social on Thursday evening It was
we'll attended and the guests had a
very nice time.
MAKE arrangements TO attend the
recital TO be given by the school Of
music on Monday evening at Com
mencement Hall.
The tennis courts at the Univer-
sity have been put into shape again
and new nettings have been put up.
They are now in better condition
than ever before, and some good
playing may be looked for when the
tournaments take place at the end
of the session.
If you haven't seen the Minstrel
show given by the Flints you should
go by all means tonight
A LETTER received from Mr.. j. E.
Fleming editor in chief of the New
DOMINION states that his daughter
Miss Bessie who went to Colorado
for the benefit of her health is very
weak ard Will be brought back home
soon. Mr.. Fleming says he expects
to be here about the middle of next
week. 1t is to be hoped that Miss
Bessie may recover her wonted
health on her return here.
Notice
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1901-09-28
THE DAILY NEW DOMINION

MoRGANTowN. SEPTEMBER .. 1901.
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1901-09-28

If Won intend to pay cash for youl
goods go TO Posten's Cash Store.
THE hest crushed sand and building
stone is furnished by Green & Fleming
Bell telephone 163. People's 81.
800 pieces embroidery from cents
to IS cents per yard at Posten's Cash
Store.
For crushed and building stone
phone your orders to A. F. Fleming
Bell telephone 163. Peoples 81.
HAVE you seen the new styles in
Queen Quality shoes for Ladies:
Sten into Hirsehman's and look at
them.
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1901-09-28

f. j. ST. CLAIR is putting out a
Fall ann Winter line of Tailor made
over coats can't be excelled in work
manship, style or fit, SO to $50.
Gabe slfe1a vishaa 70 call tho at-
tention Of the pubic 10 the fact That
he is in his new shop and is ready to
receive them. Hair cuts for fifteen
cents and shaves for ten can't be
beaten in the town. There are two
first class BARRIERS in this shop.
GREEN & FLEMING will furnish you
your building sand and stone.
WALK Over is the best So. SO and
$500 shoe on earth at #. J. St.
Clair's.
Any goods manufactured at the
wooden mills can be found at Pos
tens Cash Store at lowest prices.
THE famous WalkOyer shoe for
men and women at f. J. StClair's.
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1901-09-28
New Barber Shop.

U. G. Wells has opened barber
shop in the basement of the building
formerly occupied by the school Of
Music on Main street and invites his
old customers and friends to give him
call.
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1901-09-28
Wanted--5O Men.

Fifty men wanted at once to worl
on the grading and paving in South
Morgantown. Apply to
GILMORE & SNYDER.
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1901-09-28
Notice

This is the asst week that dis
count will be allowed on city taxes.
All persons wishing to pay their
taxes can find me at City Hall.
T. BENNETT, collector.
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1901-09-28
Girl Wanted.

Wanted competent girl for gen.
eral house work. Good wages. APP
ply at 6s2 North High street.
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1901-09-28
foot &al2 Goods.

The popular game now is Foot Ball. The
college boys are playing it and under Coach
Yeager It looks Ike we were to again have a
strong team. The other boys are taking it up
and numerous e1evens are being formed. We
just gotin big line Of Foot Ball Goods. There
are foot ball pants, sweaters jerseys, nose guards,
shoes, shin guards, head Harness and everything
needed. We have foot balls from 81 each up
to the Regulation Spalding Ball at $500.
We can furnish suits and supplies for small boys just
we'll as for larger Ask about what you need
The Acme Book Store.
II. swIsHER prop'r ainuss