Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1902-04-19

tCrSOii are both III the running Tor COn-
prcss In the First Congressional bis.
Peter VI. HOFFMAN. ut present one Of
the leading members Of the Board Of
County Commissioners. IL said to be
the strongest candidate In the field for
the Republican nomination for Prcsi.
dent of the board.
Mr.. Hoffman resides In that part of
Cook County which has always rolled
up big mnjoritics for the Republican
county ticket.
In this fact exists one of the strong.
alton of his party.
Chicago has time and again gone
Democratic. when the balance of Cook
County uhc country towns, has thrown
IN such Republican vote ns to elect
the candidates of the latter party to
county offices For this reason the Re.
publican party leaders have usually
made II u point to name for President
of the County Board n man who can
command the full vote of the Rcpubll.
cans of Cook County. Under peculiar
arrangement of the law ten members
of the Board of County Commissioners
are elected by the votes of residents of
the city of Chicago. AMI five by the
votes of the electors of the country
districts. The President of the County
Board, however. must receive n clear
majority of the entire vote of the cO,in.
~. ns well as II majority In his district.
for the office of County Commissioner.
Thus II IL possible and. indeed. has
happened. that u candidate for I'resi.
dent Of the County Board might bc
elcct@, II member of that body, AMI yet
fail tO bc elected President Of II. by
districts the Republicans can make
such II condition impossible. and there
In Hes the strength Of Commissioner
HOffmnn's '7,n,ll,lacy for President Of
the County Bonrd.
Two years ago the Democrats sue.
cc"dcd In elccting five members OF the
County Board with II presidential elcc.
tion on. ana the prestige of william
McKlnley's name tO help pull the Re-.
publican ticket through.
Republican party managers now b,>
llcvc there II even harder fight ahead
of them than that of 1900. ana they are
determined. IN nominating the county
| ticket. to cater to the districts which
have always given Republican ma lori.
ties nnd constitute the true strength
Of the party In fs campaigns. In nom.
mating Commissioner Peter NJ. HoiY
man for President of the County Board
the Republican managers viii bc add.
Ing much to the strength Of the entire
county ticket.
~
The more than ten thousand fail.
ures In 1901 represented fewer than
one per cent Of our business concerns.
and In twenty years the number of
failures has increased only One.fOurth
as rapidly as hus the number OF peO,
pie In business. Bradstreet's clnssiflcs
the causes of commercial embnrrass-
|
Causes beyond control were rcspOn.
slble for almost three.tcnths of last
years failures. Specific conditions,
such as u crop shortage. failure of 9TH
crs. debtors who appeared to be sol.
vent. and special or undue competition
are such causes. and these the wlsest
man could hardly foresee or prevent
The remaining failures. more than
seven-tentls Of all, are attributed Ia
the fault Of those who failed. and
the eight faults" named are incom,
petencc, ineXperiencc. lack of capital
unwlsc granting Of credits, outside
speculation, neglect of business. per
sonal extravaganza ana fraud. Thirty
In every hundred of the failures are
explained by lack of capital" The
statement summarizes our weakness
ana something of our strength-as Il
commercial people. We are too ready
to undertake large enterprises, trust
ing to luck for the means to carry then
through, We are too anxious to "capi
talize the future" instead of content
ing ourselves with slow and steady
gains In the present. Yet on the Othel
hand 1t Is our willingness to take
chances that has often won stupend
ous victories. But while this Is true
of the mass, the safest way for the av
erage individual Is still pointed out by
the homely old prOvcrb, Don't bit,
off more than you can chew" Thi,
way lies almost certain success, fOl
against the other chief contributln,
causes of failure it Is within any
mans power to protect himself.
Paper socks are coming When |
hole Is worn In n paper sock the wear
ar will nnt Ia satisfied with moroI, 4,