Arizona weekly journal-miner., 1901-04-24
EDITORIAL NOTES.

In a very sensible article on the
 financial situation in New York and
 the condition of the stock market in
 which the public is warned of i'm
 pending danger, on account of the
 inflated condition at present, Banker
 Henry Clews says: q do not intend
 that our friends shall remain uncau-
 toned as to the end with which this
 extraordinary excitement may be ex-
 pected to culminate. My experience
 through many speculative episodes
 has proved to me that there is only
 one outcome from wild excesses in the
 stock market, and that the safe policy
 Is to quietly get out whenever prices
 reach extreme figures" The getting
 out process is usually what precipi-
 tates panic. Besides it is impossi-
 ble for those who are in to get out without some one getting in in their stead. The indications are that there will be a great shaking of dry bones On Wall street one of these days.
 Grading has been commenced on the railroad to the Sunset oil district. Forty teams have been put at work and this number will be increased soon to POO. The Southern Pacific and Santa Fe will own the road joint ly. The building of this road will give a great boom to the oil industry of that section as the field has been proven, but owing to its great dis tance from the railroad the product could not be proftably marketed.
 Missouri has a governor who is evi- dently relic of the dead past instead of being a sample of the progressive living present. His name is Dockery and he has just vetoed the compulsory education bill passed by the progres- sive legislature of that state. The bill is entitled An act to enforce the constitutional right of every child 1 in the state to education; to provide for truant or parental schools and at tendance officers in cities of 10000 | or more, and to prohibit the employment of children during school hours" Cookery declared that the act interfered with the per sonal rights of parents and savored of paternalism on the part of the state. A little paternalism would not hurt certain portions of the state of Mis- souri.
 The United States supreme count has decided that divorces to be legal must be granted in states where the husband and wife have legal resi- fence.
 That reported capture of General French by the Boers, like its illus rous predecessor, the reported cap ( ure of Dewet by the British, still acks confirmation.
 A hotel is to be built at Pasadena. | 'alifornia to take the place of the I Iaymond, destroyed by fire on Easter ' sunday, 1895. It is to be ready for ccupancy by January l, 1902. i.
 A Chicago telegram says that if the | an Pedro and Salt Lake railroad z annot be stopped it will be dupli- s ated by the Short Line. Those who O re opposing Senator Clark's road s Ill discover that Mir. Clark is not a u uitter, and whenever he makes up h is mind to build that road it will be u uilt. - With the United Verde mines in the nj 'pper trust, tenacle of that octopus pi
 extended to Arizona. While we fc i've already a number of trusts on a st nall scale in the territory, this will nE li' the first real big one to get its de lws into the territory. ha Our exports to Cuba, Porto Rico sn d the Philippines are growing all tw e time. A table prepared by the m, ,asury bureau of statistics, shows set