Butler citizen. [volume] (Butler, Pa.) 1877-1922, 1902-09-18
CURRENT TOPICS.

President Roosevelt reached his home
at Oyster Bay, last week, after run OF
100 miles through the southern states,
and tomorrow, the 10th, he is to start
on his western trip. He makes favor
able impression wherever he goes, as
he is candid and straightforward in his
discussion of public questions.
All the conferences over the strike in
the anthracite coal fields Of the eastern
part OF the state have failed, the opera
tors viii positively not submit to arbi-
tration, winter is approaching, and the
people OF Philadelphia and other towns
who have heretofore used anthracite al
most exclusively are alarmed at the sit
uation. The troops are yet camping at
the scene to prevent violence, and the
next state Legislature viii be called mp
on to consider the matter.
The Secretary of the Navy ordered
soRecf our was vessels to the Isthmus
of Panama, last week, he having receiv-
ed notice that the rebel general had TAX
en- possession Of the canal route.
Affairs at Bogota, the capital of the
country, in the mountains, have become
80 complicated, thatit would be impos
sible for our government to negotiate
a treaty with that country at present.
In Venezuela conditions are worse, and
all commerce has been suspended. These
things are bad for republican institu-
tions. We may yet have to adopt the
"corollary of the Monroe doctrine, "
and make these bad boys behave them
selves. In the Island of Hayti, also,
which is almost entirely populated by
negroes, the fighting continues, and the
United States has been asked o become
corservator Of the peace.
After months Of unnecessary delay
the Aldermen Of New York have con-
sented to the construction OF the tunnel
under the city by the Pennsylvania r.
X. Co. The tunnel will begin at point
In New Jersey and end at one on Long
Island, passing under the city at 34th
st., where great underground station
will be built.
This will be the greatest engineering
feat ever attempted by man, and though
we have yet to meet the man who can
tell us how they are going to get
through the mud that forms the bottom
OF the Hudson, President Cassatt says
the problem has been solved. The i'm
proyement will probably cost hundred
millions.
The Vanderbilt and Pennsylvania
railroad interests seem to be working in
harmony at present. and they have re-
cured control OF the Reading, and are
said to have made traffic agreement
with the Goulds. which will end the
war, unless the latter attempt to build
line to the seaboard. Railway stocks
are away up al present.
60 much money was sent west from
New York to move the crops that there
was money famine in that city. last
week. which was relieved by the Sec'y
Of the Treasury lending the banks
there few millions
There is at present in the Treasury
an available cash balance Of over $214-
600, 900 aside from the $3.50, 100000 in
gold which is held as a trust fnnd to
redeem the Treasury notes, says the
Philadelphia Inquirer. This balance is
larger than 1t wa; at the beginning Of
the fiscal year. though it is certain to be
decreased in case the appropriation for
the Panama Canal becomes available,
and probably in any event, since
officials do not believe that the present
ratio Of receipts to expenses can CON
tinue, in spite Of the fact that 1t Is now
increasing. The nation that can cut
off seventy.two millions In revenue and
then find itself as rich as ever IL to be
envied indeed
Another striking feature Of national
finance is the increase in postal receipts
The department has always been run at
n loss. but last year it was 80 small as
TO be nearly negligible and there would
have been large surplus except for the
extraordinary expenses for rural free
delivery. These expenses will be larger
afi11 durin0 the current wear Int the
earnings are increasing at greater
rate, so that the department is expected
soon to 20 on paying basis unless the
rural delivery is extended.
Though the cold weather has hurt
the crops, big harvest is assured and
the prices CT cereals has declined.
In foreign countries, the Emperor
William, was very gracious last week,
to the American Generals, who wit.
messed the army maDcuvers on the
Oder; and the Russians have ordered all
foreigners out OF Manchuria, the vast
tract Of northern China, OF which she
has taken possession and intends to hold
despite the protest Of England and ia
pan.
OIL NOTES.
The Market-Both agencies are pay.
ing $l.22.
Clinton twp.-Ekas and Fleming last
week struck another big gasser in tht