davidaulloa/AmericanStories huggingface dataset:
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
DISPOSED, TO INTERVENE.
czar Hopes to Discuss Boer War Vita
!E--55$:: s558@a,, u, King Edward.

London, Aug. -29.-The ST. Peters
burg corresp dent of The Daily Mail.
confirming the report that Emperor
Nicholas and Emperor William will
meet at Dantzig Sept. 10, says a. e..
vi The ezar, and czarina will leave
st. Petersburg in the Russian imperial
yacht Standard, escorted by the cruis-
er5 Syetlana, Aug 20, for Fredensborg,
where they will meet King Edwards
Y Y II have learned also on the best au-
sthority that the ,czar is now disposed
to intervene with regard to the Trans
vaal and that the war will be dis
cnssed with M. Loubet.y King Edward
and Emperor William"
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
Rain suspends Operations.

S4 Manila, Aug. 80 Owing to the
the insurg gents in the island of Samars
have been temporarily suspended.
Captain Harry q. Hale, with a detach-
ment of the Twentieth Infantry has
been engaged with Gonzales, In Ba-t
tangas province. 1t was at firsts
thought that k alyar, the insurgent
leader Id that district. WAS present
The insurgents fed. al few prisoners
were captured and two Americans
were wounded. III
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
CANNOT BE CONFIRMED.
More Rumors Of Settlement of the
Big Steel Strike.

Pittsburg, Aug. 29.-Probable peace
for the striking steel workers within
10 days, as outlined in dispatches from
Wheeling, was the interesting topic
in strike circles here, but nothing def
mite could be learned. President Shat
fer was averse to talking on the sub
ject. Finally he said that while the
rumor may be true he had no knowl-
edge Of it. He did not see how set
tlement could be affected without the
knowledge of the Amalgamated asso-
citation. In the face Of gains made by
the strikers he would not back down
from his original position.
The steel officials reiterated their
previous statements that no overtures
for peace had come from the strikers
and that the strike could only be set
tied by the return of the men to their
places.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
injured in a Runaway.

II Frankfort, KY, Aug, 29.-In a runa-
way: accident here Mrs. Edward Por-
ter Thompson, the wife Of the well
known writer and historian, was in
jured internally, her grandchild, ELL
lott Orr, a baby 4 years old, had his
skull crushed and is not expected to
i've .s Edmund Orr, another grand
child, is injured internally and proba-
bly, will die. Miss Kate Thompson. a
daughter of. Mrs. thompson, had her
leg broken and sustained internal and
external injuries. Miss Una Sudduth
was badly bruised. S5 s5, NJ sS5s;t.: Y
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
TO RECOVER STOLEN FUNDS.
Government Begins Suit Against Car
ter's Relations,

Chicago, Aug. 29.-Proceedings have
been begun before Judge Kohlsaat In
the United States federal court to tie
up in Chicago funds said to be a por-
tion of what the government lost by
the peculations of Oberlin M. Carter,
formerly captain in the army and now
serving five year sentence at Fort
Leavenworth, Kan. The present suits
are brought against Carter's brother,
/. Stanton Carter, and uncle. Lorenzo
D. Carter of Oakland, Ills. The prop
erty at issue comprises mortgages,
rents. and securities valued at about
$4,000 said to be in possession Of the
uncle and brother. NJ H.. Whitney
has been appointed temporary re-
ceiver. tr
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
OFFICIALS RESPONSIBLE. =.
Judges Specific Charge Relative to a
Defunct Bank, q

Cleveland. Aug. ,29.-The special
grand jury took up the recent failure
of the Superior Street Banking and
Saving company. Judge Dellenbaugh
delivered the charge, saying, among
other things: ssz5 zi: 1 ss.' s51s
IF You shall find this bank contin.
ued to receive money after 1t was help
lessly and ,hopelessiy insolvent, even.
though the money was received by a.
clerk or teller, You must hold the of.
fcials OF the bank responsible for the.
t Il sss sl s$S w
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
!. NOT A SERIOUS AFFAIR.
War Will Not Result Unless France
Desires Ii. &-a.t.t

VIII INOC FSSSuIEr ONtSSS france
Desires 1t. &-s;..,.
London, Aug. 29.-The news of the
break between France and Turkey
came as somewhat of a surprise to
London. The impression here had
been that~the sultan would not permit
the crisis to go to such lengths.
The belief in diplomatic circles still
Is that the imbroglio does not mean
such a serious situation as would be
involved in similar rupture between
great powers-in other words, that
war will not follow unless the whole
quarrel has been designed with that
end by Frar ce, With the secret insti-
cation and support OF. Russia. Moth
ing has, transpired to confirm the lat
ter theory, which is held only by those
,Russophobes who see the Muscovite's
crafty hand in every diplomatic man
euver in Europe. :g
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
TO ExpEND FORTY MILLIONS.
Gigantic Plans to Improve Southern
t2ss and Central Pacific Roads.

New York, Aug. 29.-It was semi
officially announced during the day
that the directors Of the Union Pacific
have outlined plans that will call for
the expenditure of S40,0OO,000 on the
Central and Southern Pacific systems,
to be about equally divided between
them. This will be chiefly for i'm
proyements Incident to putting the
railroads in perfect condition. Such
i vast amount Of money will not all
be expended at once, but will be scat
tered over several years time. a.
the start the surplus net earnings will
be used, Sa sS SisS SsS- }.5S =. u
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
9 WILL REPREsE n Z sAMPsoN.= }
W. siayton 70 Eook After His interests
Before the Court or Inquiry.

ashingt Aus. 229 Ii is under
stood that Admiral Sampson Is to be-
represented before the Schley court
OF Inquiry BY counsel. q The navy de-
partment officia ials say they have nd Of
fetal knoWled dge On the subject and
point to the fact the court of inquiry
ts the only body authorized to admit
or dehar counsel In such cases. 1T
may In Its pleasure deny the person
under inYestiga ation the privilege or;
having counsel present before the
court OF. ON the other and. 1t may
60 the length Of permitting persons
In secondary interest the privilege of
employing counsel before the court.
SO the ofiicials say they have no.
knowledge, ofi icially Of the retention
of counsel BY Admiral Sampson, but
nrivateIy 1t Is admitted that Ne ax-8
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
y ia lii,,isY sal sE3y5 {. n X, ses} Al!
GOLD AND SILVER
Genulne Mining Craze In the New
,5s Richmond Country. Il "

lond Country.
New Richmond, Y Wis, Aug. 29 "A
genuine mining craze has broken out
lnSfthl town, following: on the heels
3of the Oakes gold discovery south Sof3
town. s. f. Huntming ngson, who lives
pm farm two and a half mile west,
has found silver i, sampl les lof which
have assayed from, $50 a ton down to
S34.S0 and SIS 80. 5 Indi dications Of gold
and copper were also found but the
rock was only tested for silver. The:
ineral was found ins a quartz forma-I
tion under the limestone rock at a
depth of$about 80 feet. William Will.
stams, who owns land south Of the
Oakes farm 8 is preparing to prospect
on an extensive scale for gold .g3@3Es n n: {
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
Mississippi y nusualIy Low

Ia Crosse, 81, ug. 20 The
water iii the Upper Mississippi river
has reached % low a stage that tne3
e, Diamond JoS boats have been forced to-
cease operations and it is feared that
all navigation will be seriously ham
!pered if the river does not commence
TO- rise. The river II unusually low
for this time of the year.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
ARE STATE I. INSTITUTIONS. i .y.1.
South Carolina Claims Her Dispensar-
!, les Are Not Taxable. 3s

South Carolina Claims Her Dispensar-
les Are Not Taxable. .35
Washington, Aug. 29. Franklyn II.
Mackey, attorney for South Carolina
$N the claims for rebate Of wholesale
and retail liquor licenses paid BY the
South Carolina .disp has fled
an Al %add d itional brief with Mr.. Yerkes,
the commissi sioner OF internal revenue,
The position taken by: Mr.. Mackey is
that, independen Of the ! constitu-
tional question IN the case, the rev
eune laws of the United States have
no. pplication whatever to the dis
pc Ssaries. The dispensary system, 1t
is claimed, is a state institution, and
being such is not taxable under the
revenue laws II s!j5 4 75 ss.3:f # q.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
I Mrs. 4 alton M axes q Cal. Il

sS8 ss8 New Fork, A 20 z. ND rs Carrie Ma.
tion vent to police heat dquarters dur.
Ing the saa ay wh heie Bhe had an inter
view With Police Comm nissfoner MUIR
ply. who told her she would be- ars-
rested if she VIC olated the law in this
city Murph phy Ras nnlch annoyed
sbeeause Mrs. ation called him
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
GAINED BY MINE WORKERS.
President Mitchell Tells What Was
Accomplished by the Strike.

Accomplished by the Strike.
New York, Aug. 29.-President John
Mitchell of the United Mine Workers
OF. America has issued statement in
which he says:
the men and the operators in 1900
amounted to an increase of s25,000,000
annually, and 100000 men secured
that at an expenditure OF 100000,
which is a bigger dividend than the
Standard Oil company or the Morgan
Banking company ever paid. ,,%i
"At the. .April convention, at an ex-
penditure of $4,000, concessions were
granted amounting to an increase Of
$4,000, 900 annually %>&S +%t%E
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
minnesota Teacher Killed. /

= Red Wing, Mimi, Aug .29.-Profes-.
ssor r. ~. Hubbard, superintendent of
public schools here, was killed dur
ing the afternoon. He was filing up
his back yard with wheel scraper.
In attempting to work the 81 lever 1T
sprang ur yand struck him In the neck,
causing instant deaf He was as
{years old f vi 3 4st 49, s
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
FRENCH FLAG HAULED DOWN.
Will Not Be Hoisted Until Diplomatic
Relations Are Restored. .

VIII Not Be Hoisted Until Diplomatic
Relations Are Restored.
Constantinople, Aug. 29.-The
French flag was hauled down from
over the embassy of France after the
departure of the ambassador, NJ Con-
stans, and it will not be hoisted again
until diplomatic relations are restor-
ed. The staff OF the embassy remains
here, but there is no charge d'affaires.
The French consuls in Turkey have
been directed to continue to protect
French interests.
Besides the immediate causes of the
disagreement it is pointed out that
constant dif- -.culties we're placed in
the way of the French commercial in
terests in Turkey, which contributed
to M. Constans' recall. The embas-
sizes complain of vexatious interfer-
ence with trade.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
boo Saves Family Il FFron Deat,,.

8 Usage, Ia, Aug, 20 IRE at 4 a.. "a.
destroyed residence belong ging to
Ida Johnston and occupied by John.
Morse blind music her Loss,
about S2, 500 pet dog that was the;
means lot arousing the family Id time
To escape was crenaated. 81
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
4 Return 10 PekIna QuIetiy.8

Peking Aug. "a An edfct has been
received announcing that 1t is the I'm.
tention of the court It'd return unostep.
tatiousIy to Peking. Their naiesties
will give 190. 900 taels as q farewell
contribution TO the distressed people
sof Siang.Fn and the sun fering dis
efictss The edict forb ii any prepara.
tfons being made Tor til III conrt,s d recep
tion DC along The roads.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
IThousand E,npIoyes out.

Chicago, Aug. 40. All departments
Of the conkey comp plant
at Hammond, Ind. except the compos-
Ing room are closed, Over ], 900 enc
playes Of the company are now nut on
strike Strike headquarters have been
established ard III open d efianca of
Judge Bakers HI juno lon men and
women are doing picket duty and
WORKING 20 keep away non-unlen work.
men.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
ARE .ENToMaEp ALIvE.... 1.
Eleven Persons Buried in$ coIliery
Near Dunfermline.

Dnnfermline, Scott land. Aug. rs. -
Eleven persons, Including three res,
cners, are still entombed IN the col
siiery near here, the mouth Of which
was choked by the collapse of two
acres of earth Monday.
Hopes are ntertained for the res.
clie of three OF those entombed, but
the other eight are probably doomed,
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
WIDOW OF BRIGHAM YOUNG.
Mrs. Zira o. H. Young Dead at Salt
: Lake City. u

Salt Lake, Utah, Aug. 29.-Mrs.
Zina D. H. Young died during the day,
aged 80 years. She was born in Wa
.tertown, N. Y, in 1921, and was one Of
the pioneers in the Mormon move
ment. She was married to Joseph
Smith at Nauvoo, Ills, and after his
death she became the wife Of Brigham
Young. There are now but four sur
viving wives Of the famous Mormon
leader. EE ..z3f. < rls-t ~: tEEey. !. :.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
FOUNTAIN WENT TO PIECES
Drug Store Clerk Makes Fatal Error
n In Mixinq Gases. itI z tEE l4

In Mixing Gases. .S5 IS i,
Garrett, Ind, Aug. 29. While charg-
ing the soda fountains In the drug
store owned by George OFT at Ashley,
Ind. his clerk, Fred #Nicoli. supposed
" made an error In mixing the gases.
An explosion followed, throwing por-
tions OF the fountain In all directions.
a piece of it struck Nicoli on the head !,
killing him Instant and piece
struck OFT, the. proprietor. rendering
him unconscious and possibly iniuring
him fatally. EEs5
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
!. BRIEF BITS OF NEWS.

ss William r. Bigham OF Kansas has
been appointed consul general at Cape
Town. IN; 4s5,.} Il. s.s I. &. .. 4, AZ (.
One man was badly Injured and a
dozen more or less bruised and cut in
a. a. collision between two trolley cars
at okly1 .2 / ,s 3. III. 585a 1
AZ Beallsville, o., William I Mont
gomery, a wealthy farmer, shot his
wife and then committed suicide. The
cause for the tragedy is unknown f;,G : {
5 Governor Longino Of Mississippi has
signed document suspending State
Treasurer James r. Showers, and ap-
pointed Hon CIV. Carlisle temporary
treasurer # 81 5.f$5 sS$5 S II! > y Z. 5 A
PloW manufacturers Of the United
States, who have been in conference
at Chicago the last few days, have de-
cided to- advance the price Of plows
and plow repairs 10 per cent during
the coming year. t5: fs @59S 3t.5$$
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
Ends LIS DaysEln Yoornouse.

Dubuque Ia a ug. 20 uben j Ill.
srett. at one time one of the richest
men Of earl days ins Dubu que, died
at the poorhouse aged so years. He
was one of the pioneers here III 1896
He took up mining and & after many
years struck Al lead which yielded him
I 81 900 He went ia III ST Louis,
where he, spent money iavishly. He
bought a steambo in st. Louis and
ran lit for pleasure up and down the
river His forum e was soon spent and
for years he had been an inmate or the
spoorhouse OF the county.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
ON 7 He DlAMoN I ND.
Western LeaI,aulI, j

\ 4 &5s s7z Western League. HI 3s is ,ias Il
II AT St. Joseph, 2; Omaha, 3 8. 5s:;ai$.&y asa.&&
t@ At Des Moines, 8; Kansas City, 4.
At Colorado Springs, O; Minneap-
oils, J.. .g,s s u u g,zS $s :
.s At Denver, o; St Paul, Z. s. 4. # 4 n. ss 3s
si}S 4 American League. IN, NJ .,..2
. At ! Boston, p; Detroit. Fifteen
innings # IS ~ II. tx
Philad phia, Z; Chicago, s.. ss
Att WasIing s.; Cleveland, o. i.
& AT Baltimore, 5 ); Milwaukee, s. -
Called end Of 11th Inning on account
of darkness. :t ,5,
sss} National League. 1 %.2s >s. SIN. * 7.
At Brookly lyn, Boston, 8. Second
game BROOKLYN, 8; Boston, 0. .:s.# a.. 55.
Philade elphia s 4 s; New York, S.
Second game gan Phila adelp lphia, ]; New
York, s. 8.S $i.
AT Pittsbur & /; st Louis, ii. 81 ss
Al. Chicago, 8 Cincinnati, q.
Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-08-29
{ BIG BLAZE AT BOHEMIAN,
Flour Mill, Elevator and Warehouse
=. s Are Destroyed. # lssyG i 7 %s$

Helena, Mon, Aug. = 299.Nelson,
Story & Co.'s big Touring mill, ele-
fyator and warehouse at Bozeman were
:: burned during the afternoon The loss,
aggregated $780, 900, partially insured. !.
The mill was the largest in this state
! and one Of the Oldest in the North
The Plymouth tribune. (Plymouth, Ind.) 1901-1911, 1901-11-14

following the rebel defeat at
Missionary Ridge, under Sher-
man hastened to the relief OF
Burnside, who had been cooped
up in Knoxville by Gen. Long
street, and forced the latter to
raise the serge. 1t then return
ed to Chattanooga, went in
to winter quarters, and IN the
following spring joined with the
Army of the Cumberland, and
henceforth these two army divis-
Ions were together until the close
of the war. and together Joined
in the grand review in Washing
ton, after the surrender of all
the Confederate forces in the
field. A large number of veter-
ans have arrived and indications
are that the reunion will be well
attended.
The Plymouth tribune. (Plymouth, Ind.) 1901-1911, 1901-11-14
ANDERSON WILL NOT YIELD.
Citu Proposes to Keep the State
EnCdmDment OF The 6. A. R.

ANDERSON, Ind. Nov. 12-
The question of holding the state
G. A. R. Encampment at this
city instead of at Indianapolis
has been definitely decided upon.
The city was voted the honor OF
entertaining the G. A. r. last
May, but owing to the dedication
of the state soldiers monument
at Indianapolis at the same time
it was proposed to transfer the
encampment to Indianapolis.
Last week the officers of the
state G. A. r. met with Maj.
May post and members of the
local Commercial club and urged
the change, promising Anderson
the encampment next year.
Members of the local committee,
to whom the matter was referred,
have decided not to yield the
point and will insist that the en-
campment be held here in May,
as originally intended.
The Plymouth tribune. (Plymouth, Ind.) 1901-1911, 1901-11-14
Mss Stone Is Safe.

SOFIA, Nov. 12-United States
Consul-General Dickinson auth
orlzes the statement that there
is now no doubt of the safe de-
livery from the hands of the
brigands of Miss Ellen M. Stone.
However, considerable difficulty
is anticipated with reference to
agreeing on place of payment
and a place where the prisoner
may be handed over to her
friends Mr.. Dickinson insists
that these transactions shall oc-
cur at the same time and place.
1t is feared by the brigands that
if the money were paid to them
in Turkey the Turkish troops
would kill them and capture the
while if Miss Stone were
surrendered in Bulgaria that ac-
ton might implicate the Mace
donian committee.
The Plymouth tribune. (Plymouth, Ind.) 1901-1911, 1901-11-14
GREAT BRITAIN STORM-SWEPT
fiign Winds, With Rain and Snow,
Throughout the Kingdom.

LONDON, Nov. ia fierce
gale has been prevailing over
the United Kingdom for almost
two days, the wind varying from
southwest to southeast, accom-
panied by a deluge of warm rain
in the Western and midland cOun-
ties. There have been serious
floods in Ireland, where it has
rained necessarily for forty
hours. The rivers are swollen,
and many towns have been in
undated. In some cases furni-
ture is floating in the streets.
The poor are suffering greatly.
Some washouts have occurred on
the railways.
The dam at Lake Tanderagee
on the Duke of Menchester's es.
tate, has broken and caused con-
siderable destruction. One man
was killed. Part of Belfast is
severely flooded. The waters in
the streets has prevented the
opening of the principle theater
of the city. There have been
many street accidents.
There are heavy floods on the
Isle of Man and in Wales. The
mills in the Yorkshire valley
have stopped. The telegraph
lines are badly damaged. Scot
land is almost isolated.
There is a furious sea running
on all the coasts. destroying sea
walls, piers, and shore bridgings.
The life boats and the coast
guards are busily employed in
assisting distressed vessels. Nu-
merous wrecks have been re-
ported, especially on the Dur
ham and Northumberland coasts,
where eight persons have been
drowned. Several deaths are re-
ported from other places.
The gale in the Irish channel
Is the severest known for many
years. Five vessels have been
wrecked in Kingstown harbor.
which is strewn with wreckage.
The Plymouth tribune. (Plymouth, Ind.) 1901-1911, 1901-11-14
DOM PAUuS PEACE TERMS.
What Beers Ask Of the British to Settle
the Trouble IN South Africa.

AMSTERDAM, Nov. 12-After
various conferences which have
been held at Hilversum, where
President Kruger is stopping,
the peace terms which the Beers
are willing to accept have been
outlined as follows: Amnesty for
all rebels; restoration of all pris--
oners and the withdrawal of
British troops; compensation for
farms burned; a convention pro-
vidirg the autonomy for the
Boer republic, which shall be
guaranteed by France and Rus
sia; cesslon to England of Wit
watersrand gold fields in lieu of
Boer indemnity. 1t is stated
that DIR. Leyds, the Beers Euro
pean agent, will embody these
terms into a formal document for
its circulation among the powers.
The Plymouth tribune. (Plymouth, Ind.) 1901-1911, 1901-11-14
HRMY OF THE TENNESSEE.
1t Meets at Indianapolis in Reunion This

INDIANAPOLIS, Nov. 13-The
annual reunion of the Army OF
the Tennessee takes place in In
dianapolis this year on Wednes-
day and Thursday of the present
week. November 13 and IA. This
association is composed of the
armies first Commanded by Gems.
Grant, Sherman, Mcpherson,
Howard and Logan as distinct
from the Army of the Cumber-
land, itoperated in the southwest,
eliminating in that section with
the capture of Vicksburg. After
the battle of Chickamauga,
under Gen. Sherman, it marched
to the aid of the beseiged army
of Rosecrans, cooped up in Chat
tanooga, where it again joined
the forces of it's first commander,
Gen. Grant, and participated in
the capture of Missionary Rid ge,
the route of the Confederate
General Bragg's army, and the
opening mp of the cracker line.
The fifteenth corps of the Army
of the Tennessee, Immediately
The Plymouth tribune. (Plymouth, Ind.) 1901-1911, 1901-11-14
SCHWAB'S SALARY
Report Places 1t at S225,OOO
Instead of Sl,OOO,OOO.

NEW YORK, Nov. 12-It Is
stated on excellent authority,
touching reports that the salary
of Chas. M. Schwab as president
of the United States Steel cor
poration is $1,000,000 a year,
that his salary is really 800, 0OO
a year with contingent fee.
The latter amounts to one-fourth
of one per cent of all the steel
corporation earns above its fixed
charges and the amounts needed
to pay the dividends on its com
mon and preferred stocks.
1t requires roughly SIS 900.
600 to pay the interest on the
outlying bonds and a regular
dividend of z per cent on the
preferred and the 4 per cent div.
idend on the common, stock.
The earnings for the steel cor
poration's first fiscal year have
been estimated as at least 1925,
10000 so that Mr.. Schwab's
one-fourth of 1 per cent on the
$50, 900, 900 earned above the
fixed charges and dividends will
give him S125, 600 as a contin-
gent fee or 1925, 900 for the cor
poration's first year.
Mr.. Schwab, when he was
president of the Carnegie Steel
company, in which he was a
stockholder, received a yearly
income of abont 100000. He is,
of course, a large stockholder in
the United States Steel corpor-
alton, and his income is increas-
ed by the dividend returns on the
stock he holds.