davidaulloa/AmericanStories huggingface dataset:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27
By Charles g. Ri1es.
Editor Of the New York Financial Journal

the genesis of the crisis Of 1893, when
the Barring failure of 1890 led to the
surrender Of American securities in
London in order to realize money and
added to the strain put upon Ameri-
can finance by the defects of our cur
rency system. The serious question Is
whether our great industrial enter
prises, including our railway systems,
will continue to exhibit their present
high earnings and to command the
confidence of foreign investors. A seri
Gus shrinkage In earnings in indus
trials or in railways, means reduc-
ton of their dividends and fall in
their value in the securities market.
A corporation whose capital represents
genuine value will be in much better
shape under such conditions to resist
the pressure Of adverse influences than
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

sion. He confines himself, in a re-
markable degree, to the obvious char
acteristics of emotion. 1t is these, in
deed, which most appeal to- the mod
ern playgoer, and when Mr.. Phillips
succeeds in pleasing alike the seeker
after delicate literary sensations and
the average sensual person in the
stalls, he achieves a remarkable tri-
umph of tact. That he does it without
recourse to the Elizabethian tradition
is another proof of his adroitness. His
theatrical pretensions are the more
easy to deal with because in all other
respects he is in no sense an inaugu-
rator. Like M. Rostand in France
whose career has in some ways curl
ously resembled his-Mr Phillips is so
little of an innovator in his essential
dramatic aesthetics, that the extreme
school deny to him the merit of being
dramatic poet at all, his genius
except in it's tact and adroitness-b
ing entirely conservative and repro.
ductive.
The literary success of Mr.. Stephen
Phillips is bound up in a remarkable
degree with practical knowledge of
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

care for it. Were she away from the
sight Of it she certainly would not
bother about it. But the mass of man
kind are as initiative as monkeys Be-
cause her right-hand neighbor has
bought a new dining room table, she
suddenly finds that hers-which salts
fed her perfectly before-looks old
fashioned and clumsy. When her left
hand neighbor appears in. a smart fur
coat. she feels how poor and shabby
she looks in her old one. Then she
speaks to her husband about these de-
ficiencies, and he makes Herculean eff
forts to supply them. Eventually he
will succeed. The dining room table
will be new and the fur jacket of the
latest cut, and the two who have
achieved them will have gained their
point at the expense of vitality, energy
and nerve force that is pathetic to
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

the London playgoer, may be so foster
ed and fed by Ulysses and by Paolo
and Francesca that it will not be con-
tent in the future to be persistently
snubbed and silenced as it has been in
the past.
The great hope of the newest revival
of poetic drama in England lies, to my
mind, in the fact that it is more in
dependent of the Elizabethian tradition
than any previous movement of the
kind has been. Neither Mr.. Yeats in
his Irish folk-plays, nor Mr.. Stephen
Phillips in his three remarkably sue
cessful experiments, has permitted
himself to be bound down by the man
nerisms which so grievously handicap
ped, to speak of no others, such illus
trious predecessors of theirs as Tenny-
son. Browning and Mr.. SWinburne. Mr..
Yeats, in common with M. Maeterlinck
and certain other continental play
wrights of the latest school, obtains
new effects by plunging deeper than
the dramatist has hitherto been ex-
pected to plunge into the agitations
and exigencies of the soul. He uses
the symbol to awaken the mystical
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27
Time For Conservatism I*as Ariped

ferences in the progress of events on
the different occasions of industrial
collapse have been rather differences
in the intensity of different factors
of the problem than differences in kind.
They have been differences of light
and shade rather than of substance.
The great increase in the productive
capacity of mills and factories has first
outrun the demand for their products
There has then come a slackening of
orders, diminished earnings, and the
stoppage of dividends. Such events,
when they affect stock companies,
bring their inevitable penalty in the
decline of quotations on the stock ex-
change. This decline generally reflects
not merely the rate of the decline in
gross earnings, but the rate of decline
in net earnings or profits. A serious
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

romantic verse, and with the treatment
of what we call purple passages" He
felt, as we cannot but surmise, that the
total disregard of purity of enunciation,
which was the malady of the Lyceum
school of acting twenty years ago,
must be fatal to poetry, since, what
ever the splendor of ornament and
whatever the subtlety of acting, if
the language of the piece is inaudible
the purpose of the poet must be frus-
trated. Mr.. Tree deserves no little
commentator for the clearness and
dignity Of utterance upon which he
insists.
In working out this cardinal reform
the clear and correct pronunciation
Of English-Mr. Beerbohm Tree, and
indeed the whole London stage, owes
much to the Oxford company of begin
ners trained so patiently and unob-
trusively by Mr.. F. r. Benson. This
troupe, in fact supplies the English
stage today with it's most cultivated
and, we may say, it's most academic
actors. From this school, by the way,
Mr.. Phillips himself proceeded. The
company with which Mr.. Alexander
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

continues to prevail while depression
prevails elsewhere is at some disad-
vantage under the reaction of this fac-'
tor, because the high prices which
rule for national securities, whether
public or private, tend to draw them
back into their country Of origin. If
quotations for American railways and
American bonds, therefore, continue
higher at home than abroad they will
tend inevitably to drift back upon the
home market and to draw away the
capital of the country. 1t is evident
that elements like these in the indus
trial and financial situation cannot
safely be ignored by the prudent fl
nancier in making forecast for the
coming year.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

work of these little creatures, like the
edge of a saw.
This sharpness and fineness make
the insect threads of great value to
the engineer; he arranges a spider-line
in the eyepiece Of his telescope, and by
means Of it he can direct the line Of
sight Of lne telescope so accurately
that the two borings of tunnel fror.
opposites sides of the Alps will meet
many miles under the mountains with
in a cot of each other.
To understand this degree of accur-
acy, suppose that one endeavored to
extend straight line without the aid
of such a fine spider thread. We might
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27
By Sdwm Markham.

time they saw themselves entrusted
with a great treasure; felt themselvek
lifted to a place Of dignity and honor;
knew themselves to be valued and
honored by at least one man of worth
and distinction.
Col. Waring dressed his men in white
uniforms, symbolic of the purity that
was to be their aim in all their labors.
We all know the result. With this ideal
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27
By Newell Dwight fills.

that the young man who can only
study at night is under no handicap in
the race for success, because he is una
BILE to spend four years in college. 1t
is possible that he stands a better
chance than the college graduate.
There are more ways than one of OBJ
tanning an education in this world, and
only narrow minded people assert hat
the university is the only gateway to
satisfactory life. A man can greatly
improve himself by home study of the
best books and through contact with
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

fall in quotations on the stock ex-
change for certain securities reacts up
on the prices of others, and the general
fall sets in which drives the banks to
call their loans, paralyzes credit and
invites unreasoning panic.
Whether this series of events will
soon cloud the present fair prospect
of business prosperity in the United
States 1t is for the future to disclose.
The fact that an industrial depression
has prevailed for some time in Ger
many, and that serious shrinkage
in Russian securities has been occa-
stoned by over capitalization in Rus
ria, are likely to react in some degree
upon the more conservative business
of France and Great Britain and to
be extended from those countries to
the United States. This was in part
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

the meanest work-that the worker
must have some JOY and pride in his
toll or his work is failure. Or, more
tragical still, the man himself will be
q failure.
What Gid Col. Waring do-this man
OF heart andimagination? Not all that
could be done-not all that ought to be
done. But he did something. He call
ed the street sweepers of New York
before him, ana with fine enthusiasm
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

Princess speaks of escaping adj
venturers who follow the example set
by the insect:
From the bastion'ed walls
dropt
The spider and the caterpillar use
their threads to break their fall and
also as means of retreat, for they are
often seen to ascend their ladders. The
threads Of these insects are remarkably
smooth and fine. When examined I'M
der the most powerful microscope no
serrations can be seen, whereas the
finest scratch made on glass by a dia-
mond seems, in comparison with the
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

1850 to 1900. They were principally
men of the first genius, like Darwin,
Huxley, Tyndall and Ruskin. They
were greatly surprised when it was dis
covered that only twenty of the hun
dred had received college educations.
studied under tutors at home. This
must have been more than a coinci-
dence, and to my mind it is a remarka-
BILE commentary on the success of the
modern system of education. 1t means
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27
Of Harvard University

graphic messages were so much delay
ed in transmission that it threatened to
be useless.
Lord Kelvin then bethought him OF
the device of suspending a tiny mag
net by means Of a caterpillar thread;
and it Immediately became possible to
signal with this delicate suspension as
fast as one could read the signals.
The practical employments of cleo
tricity which we see all about us de-
pend upon the use of the caterpillar
thread; for the meters and the instru-
ments used to measure and control this
strange and gigantic source of energy
are adjusted and made accurate by the
use of magnets suspended by caterpil-
lar threads.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

one whose capital is largely water and
which has been enabled to pay divi-
dends only by reason of the unusual
earnings of an exceedingly prosperous
period.
One of the elements of a situation
when distrust is excited regarding in
dustrial and speculative enterprises is
reVulsion Of feeling in favor of the
safe investments paying a fixed return,
represented by bonds and public debt.
Already symptoms of this revulsion
are disclosed in Germany by the over
subscriptions to the recent govern
ment loan and all over the continent
by the relative rise in government Sc
curities, while many of the industrials
have been pursuing downward
course. A country where prosperity
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

there will be material and sudden
changes In values. The changes will
affect values of merchandise, the values
of the securities issued by the estab-
lishments which produce merchandise
and the values of other enterprises
which are affected by production, like
the means of transportation and eX-
change.
The order of events when the crest of
the wave of expansion has been reach
ed has been pretty clearly illustrated
by the crisis of the past century Crisis
of over production, ver-capitalization
and over-eXpansion of credit are an
almost necessary incident of the mod
ern organization of industry and cred
it, which by long series of inter-
mediate steps has separated the pro-
Queer from the consumer. The diff
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

debted to the spider and the caterpil-
lar, for without their fine threads we
should not have arrived at our present
knowledge Of electricity. 1t was not
until Faraday had suspended little
magnet by a caterpillar thread or silk
worm thread that he discovered the
great. fact that coil Of wire moving
near a magnet has a current of cleo
tricity generated in It, BY means of
our knowledge of this fact we speak
across the continent, and we are whirI-
ed hither and thither in electric cars
Perhaps our greatest debt to the
caterpillar thread is in submarine tel
egraphy. After the first Atlantic ca
BILE had been laid it was found, to the
dismay of the projectors, that tele-
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

send a man ahead with a staff, and d.
rect him to move this staff to and fro
in vertical position-to the right or
the left-until it fell in line with two
sights; for instance, the sights of
rifle.
Then suppose that an error Of one
inch in the position of the staff is
made by the assistant who holds the
staff-and an error of this amount
would almost certainly be made. This
error made at a distance of one hun
dred feet would amount to an error
of four feet to the right or left in a
distance of a mile; and in a tunnel of
two or three miles, which is extended
in the expectation of meeting an oppo-
site boring, the workers would slip by
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

In their hearts and this man as a CEN
ter Of energy, the workers went out
like a white army; the atmosphere
clarified, the death rate went down
New York became. perhaps, the clean
est city in the world.
These men labored at the most hum
BILE and thankless work, with some
feeling of their partnership with the
purifying and protecting powers of the
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27
The Rdpantage of Educating Oneself.

TT is unreasonable to suppose that no
one but a college graduate can be
educated in the broader meaning
II of that much-abused word. If
a young man or woman is wholly
undecided as to his or her future
work, four years college course may
help to a decision, but if one is deter
mined to follow a special line of work,
he can make more rapid progress out
side a college, sometimes, than in one.
If, for example, he has chosen Htera-
ture as a profession, he can study I'M
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

hold him back. It is possible to enter
almost any profession after course Of
home study, without a college diploma.
have often heard lawyers assert that
those members of the bar who studied
in offices were invariably the most sue
cessful ones in practice. They not only
have the theory of law, but also know
it in operation.
Some educators once made out a list
of hundred great men who lived in
England during the half century from
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27
Pastor Plymouth Church. Brooklyn

boys and girls to be forced to study,
even in college. My object is to encour-
age those boys who have to begin work
at sixteen or seventeen, and who feel
that their future is dark because they
have no degree. Degrees amount to
very little. 1t is real information
which counts, and any persevering stu
dent can obtain that in a hall bed
room. after his work for the day is done
that is. If he has a proper person to
direct his studies.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

regard mans law, except as he is COM
PEELED to by fear or by policy.
z. The Sunday paper corrupts youth
by leading them to disregard Gods ex-
plicit commandment.
s. Sunday papers are not works of
either necessity or mercy, and are
therefore not allowable on the Sabbath.
.. Sunday papers diminish church
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

universe. In a degree they worked as
gods, not as stolid and joyless hlrelings
Of the hour.
So all true work is more than a deep
necessity laid upon life-more than a
precious discipline laid upon the soul.
Necessity and discipline-these words
are too cold and too hard to express
the lofty beauty IN the face of labor.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

doing their work in a careless, carnal,
joyless fashion. There was no mind in
their muscle, no heart in their handi-
work. The men were ashamed of their
calling. They went at their work in
sloven clothes, with slouching gait,
feeling that they were the scavengers
of the city, the rejected of men.
Here was labor divorced from ideal
ity. Col. Warning knew that some ideal
light must be made to shine from even
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27
By Samuel o. Boardman.
GxPrssidem and Professor Emeritus Of Maryvie cORsg

great violation of the laws Of God and
man. lead to many other violations, as
gambling, intemperance and grosser
sins.
6. The Sunday paper, by disobeying
a plain law of God, tends to undermine
and destroy all law, parental and civil.
He who breaks Gods laws will not long
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

der a tutor in the subjects he desires
and progress twice as fast as in col
lege. The courses in all our UNIVERSE
ties are calculated for a mediocre stu
dent, who probably gives more time to
athletics and outside matters than to
study. An ambitious young person, who
is anxious to do something in the
world, has to drag along, while the
others, however willing he may be to
forge ahead. With a tutor, or home
study. he can push along as rapidly as
he is capable of doing, with no one to
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

8. Sunday papers tempt readers to
disobey God in reading which is pure
ly secular, and in no sense holy.
4. Sunday papers violate all those
civil laws which forbid, as most states
in Christendom do forbid, manufacture
and trade on the Sabbath.
5. Sunday papers, involying one
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27
The sunday Newspaper Condemned.

man has no right to use it for labor or
mere pleasure, as he does other days,
Man has no more right to steal Gods
own appointed day than he has to
steal his neighbours money. God says:
I'm it thou shalt not do any work."
that is, no remunerative or productive
or profitable work; but printing, writ
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

cultured people. Travel too, is a great
educator, for seeing thing is thous-
and times better than reading about it
in books. have known young men who
have made the most of their opportuni-
ties for observation, who would COM
pare most favorably with any product
of our colleges. They have taken in the
life they saw about them, and so are
educated in the best and broadest
sense.
1t will always be necessary for some
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

attendance and so do evil.
10. Sunday papers take time away
from prayer, and so are a great evil.
IL. They take time from reading
and study of the Bible.
IL. They lead to skepticism.
IL. They discourage family religion
by preoccupying time which ought to
be spent in family worship.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

ing for and selling Sunday newspa-
pers is productive and remunerative
work, the publishers, authors and
vendors Of them seek financial profit.
3. Work in producing and selling
Sunday papers defrauds those who la
Dor on them Of needed and commanded
rest.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

that was infectious, he fired their
minds with a sense of their high mis-
sion to the city; he made them feel
that they were verify the knights of
cleanliness, the custodians of the pub
lie safety, the guardians of the public
health. He especially called them to
the duty of defending the little chill
dren of the metropolis from the wolves
of disease.
The words Of Col. Waring stirred the
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

are indebted to it for fine thread by
which we measure the motion of stars,
and by means of which the engineer
constructs tunnels through mountains
and electricians signal under the ocean.
We all have seen the spider lower
itself from heights which, in COMPARE
son with the size of the insect, are
Matterhorns. Like the caterpillar, it
uses the fine thread which it evolves
from Itself to make the descents with
safety. Tennyson in his poem, 1.-THE
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

are advancing in price all the time,
luxuries are becoming necessities. The
procession is moving on at frightful
speed, and in the effort to keep up,
health and leisure, peace and life, are
sacrificed.
Amid this general Jeremiad an occa-
sional voice rises and suggests a return
to a simpler mode of life. Here and
there a return is made. A man takes
his family and withdraws from the
vast and awful aggregations of his fell
low in which he has been feebly bat
thing, and moves to an uncrowded place
where there is clean air to breathe, and
enough free earth to spread his Lares
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

HE Sunday newspaper does
harm and ought to be dis
continued, because:
1. 1t disobeys a plain and
and explicit command of God to keep
the Sabbath holy. The Sunday news
paper treats the Sabbath like any 9TH
er day. The Sabbth Is the Lords day;
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27

HE business of the country ex-
banded in a wonderful de-
gree during the past five
years. Thus far the demand
for staple products of man
ufacture has seemed to keep pace with
the increase in the supply. The same
may be said with some qualifications
In regard to the mass of securities
thrown upon the market for the ex-
tension of old enterprises, the crea-
ton of new ones and the carrying out
OF the great consultations which have
been a leading feature of our time.
Ihere are signs here and there, how
ever which have not escaped we'll
trained and observant eyes, that we
are approaching the crest of the wave
OF expansion and that it may soon be-
gin to recede. When this time comes
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27
Jhe Righ Dignity of Oork.

Who puts into place a fallen bar,
or filings rock out of travelled road,
HIS feet are moving toward the central
star,
His name is whispered in the gods
abode
- - 3EN. a few years ago. the
late Col George E. War
NAA Ing took charge of the
" u street cleaning depart
ment OF New York city.
he found he street cleaners
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27
Nomen's Unworthy Smula6ons.

HEAR on all sides of us in
in these strenuous times a
great cry and complaint as
to the complexities and ex-
penSeS of living. STABLES
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-27
The Spiders .2did TO Science.

E DO not usually consider a
spider an insect to which
we should go for an aid in
The Florence daily tribune., 1902-12-02
COUNCIL TO BE COMMENDED.

The people of Florence glad today for the progressive
spirit manifested by the city council last night in passing the
ordinance granting Thomas Robinson his heirs
franchise for street railway upon the of this
The fact that not word changed in the ordinance
submitted by Mr. Robinson indicates the ait the
IN him and his business ability 1t indicates that the
ber of the council glad to aid in calculated
for the prosperity of Florence this
valley There was no quibblng kicking dissenting.
The council showed the spirit has
Florence the best little city in the which has
been noted cha Yacteristic of her citizens.
The good work has begun Ring the on
croakers and Knockers Let the aggressive striving
men have the 0 The stage.