davidaulloa/AmericanStories huggingface dataset:
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
SECURITIES SCORCHED
'sThe Most Striking Picture OF
Watered Railway Capital"

Special to The Journal.
New York, Jan. 4.-The Evening Posts
financial article says: This weeks re-
covery Of or 6 points in Northern Sc
curities stock after fall of 12 may in
dictate belief that this unwieldy concern
is free from all qualifying doubts, now
that the holders of hundred shares or so
can no longer stop consummation Of the
deal It may be So There is a rather
general feeling in the financial markets
that the attack by the western governors
and legislatures will not result in much.
That the western people are in earnest
over their opposition to the deal no one
can doubt who reads the newspapers Of
that section; but the real problem is not
SO much what the public would like to do,
as what 1t can do. There is limit even
to new restrictive laws which can be
either enacted or enforced, and mean
while all experience teaches that a great
corporation is Proteus which, at the
touch of the legal wand, can instantly
change its shape, presenting to its be-
wildered pursuers, at the moment when
their hands are on the prey, new and
strange exterior, invulnerable to attack.
It is not from without but from within
that combinations OF this sort have most
to fear.
Conceived in utter recklessness OF
! speculation, in an outburst of frenzied ann
bition which believed that no price paid
for the control OF unwilling properties
could be so high that the public would
not cheerfully pay it, this huge concern
stands forth as the most striking picture
Of watered railway capital which even
these excited times have drawn. To sup
pose that at some time and in some way
penalty for such mad performances will
not be exacted, is to suppose that the laws
of finance have changed. One Of the best
known and most experienced railway off,
GERS in this country, himself In charge Of
| an enterprise on which exploiting bank-
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
PANAMA CANAL
French Offer to Sell It to the
United States for
~. $40, 900, 900. -

Paris. Jan. 1.-The directors of the
Panama Canal company, with President
Bo in the chair. met at the company s
Offices to-day and after a brief session
came to a definite decision to offer to sell
the canal property to the United States
for $40,000,000. This price includes the
excavations, canal railroad, machinery
and all the other items specified in the
isthmian commission report. NJ Boeufve,
the company'S representative at Washing
ton, received cable message to-day in
structing him to formally submit this
offer to the president.
Washington, Jan. 4.-Acting on cable
instructions from Paris, M. Boeufve to-
day formally notified Admiral Walker,
chairman Of the isthmian canal commits
sion, that the Panama Canal company de-
clares itself ready to transfer to the gov
eminent of the United States, on the pay
ment of $40, 900, 600, it's properties and con-
cessions. Admiral Walker stated that this
proposition would be brought to the
knowledge Of the secretary of state and
President Roosevelt to-day.
| Admiral Walker brought the proposition
| to the knowledge of the secretary OF
state, and the president. The submission
! Of this offer carries out a plan, which
has been under consideration for the past
| two weeks. The first step was taken
when M. Hutin retired from the presi-
dency of the Panama Canal company
This brought about an entire change ir
| the mana gement, the main feature Of
the change being that those in authority
! desired to make definite offer Of the
Panama properties to this government fol
! $40 900, 900. In substance, the notification
delivered to Admiral Walker was as fol.
| lows:
| The Panama Canal company declares itsel
| ready to transfer to the government of the
United States on payment of s4O,o000o0 Its
properties and concessions, estimated at tina
| amount by tho isthmian canal commission il
| conformity with the terms and conditions O.
! the estimates of said commission.
The president will bring the matter tt
| the attention of congress. The admins.
tration holds that the canal question is
! now one purely for legislative determine.
| tion. -...
The offer refers to the estimates o.
| the isthmian commissions report. This
! feature of the commissions report ap.
pears under the caption, Total Value Of
| the Panama Canal" and is as follows:
Summing up the foregoing items, the tota
value of the property is found to be: Exca
walton already DONE $27, 474, 033; Panama rail
road stock at par, $6,s50 600; maps, drawing.
and records, $4,000 to which add 10 Pei
| cent to cover omissions, making the tota
valuation CT the Panama canal s40,O0O,000.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
CARNEGIE'S GIFT
"Carnegie Institution" Incor-
poration Formed for Ma
tional University.

WASHINGTON, Jan. 4.-Secretary Hay
and a number of gentlemen interest ed in
this Carnegie project of a national uni
versity, met at the state department to-
day and formed an Incorporation known
as the Carnegie Instit tuition. 1t is under
stood that Mr.. Carnegie has removed the
obstacles that existed to the acceptance
of his SIC, 600 donation to the cause Of
education, and today's action was the
first step toward giving legal form and
substance to the proposition.
Besides Secretary Hay, the Incorporate
ors. all of whom were present at to-day s
meeting, are Edwin D. White, justice of
the supreme court. d. C. Gilman, late
president of Johns Hopkins university;
Charles D. Walcott, superintendent OF the
geological survey; John S. Billings, for
mer surgeon general of the navy, and
Carroll D. Wright, commissioner Of labor.
The articles of incorporation of the
Carnegie Institution were filed with the
recorder of deeds in this city to-day. They
fix the name and title of the institution
as the Carnegie institution and show
that it is organized "fOr a perpetual
time" It's objects are:
The promotion of study and research; the
power to acquire, hold and convey real estate
and other property and to establish gen.
eral and special funds; to assist investiga-
tions in science, literature or art; to CO.
operate with governments, universities, col
leges technical schools, learned societies and
individuals; to appoint committees of experts
to direct special lines of research; publish
and distribute documents, conduct lectures
and hold meetings, acquire and maintain a
library and in general to do and perform all
things necessary to promote the objects of
said institution.
The affairs, funds and property of the
corporation will be in general charge OF a
board of trustees to consist during the
first year of twenty-seven and thereafter
not to exceed thirty members, except by
a three-quarter vote of the board.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
SHAW'S DATE
New Secretary of the Treas
ury Will Take Charge
the 18th Inst.


Washington, Jan. 4.-Governor Leslie
NJ. Shaw of Iowa was in conference with
Secretary Gage two hours to-day going
over the affairs of the treasury depart
ment and then left with the secretary for
the White House. Governor Shaw said it
had been decided that he should take
charge of the treasury department on the
25th inst. He said he had not contem-
plated any changes in the official force
here and he did not know that he would
have any occasion to consider such
changes. He said he regretted exceed
ingly that Secretary Gage had decided to
leave the treasury department.
Governor Shaw and Secretary Gage re-
NAMED with the president half an hour.
Governor Shaw later lunched with the
president. Governor Shaw will return to
Iowa Monday.
Assistant Secretary Of the Treasury H
A. Taylor will retain his position under
Governor Shaw. This was agreed upon
at consultation between the president
and members of the Wisconsin delega.
tiOn.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
Washington Small Talk,

H. G. Rising of Faribault, who was allowed
to resign as special agent Of rural delivery
last month, returned to Washington several
days ago and turned in his commission and
Washington for a week or two and officials of
the department opine that he Is, waiting for
Payne to become postmaster general so that
Northwestern postmasters appointed to-days
Iowa-Bebetown, Harrison county. F. Hs
Beebe: Edna, Lyon county, c. F. Imock3
Kendaly1lle Winneshelk county, Fred r.
Goddard; 0sterdock, Clayton county. John
Moser. North Dakota-Binford. Griggs coun~
ty, Ole s. Gunderson.
Rev. p. H NJ. v. Appleby, archdeason Of
Duluth, called on Commissioners Jones to-day
in reference to the house which che Indian
office has leased to shelter old and tnfrm
Indians on the White Earth reservation. DR..
Applebv viii epend the winter n New yogA
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04

ers had forcibly laid hands, remarked, in
private conversation not long ago, that
the railway deals of 1901, with their pill
Ing up Of capital Issues not offset by
genuines new assets and with their whole
sale conversion Of shares into bonded
debt, had undone almost the greater part
of the toilsome work OF. Reconstruction by
which the railways emerged from 1898.
Possibly this was pessimistic view,
but the best promise for the railway flu
ture next to the country's phenomenal
prosperity, is that the utter abandonment
Of reason and precautlon witnessed in
some quarters has not been general. 1t is
because such exploits as the Burlington
and Northern Pacific episodes are .excep-
tional that they have attracted such eager
interest since the 9Th of May. They are
likely to stand forth as impressive warn.
ingS" ~.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
HENRY M. LYMAN DEAD
Pioneer of the Excelsior Country
Funreal ON Monday.

Special to The Journal.
Excelsior, Mimi, Jan. 4.-Henry M.
Lyman, pioneer of 1852, died this morn
ing at o'clock on his farm a few miles
from Excelsior. His wife and three sons,
Albert H., in the lumber business in Ex-
celsior; Arthur B., nurseryman, and
Frank j., in business in Minneapolis, sur
vive him. The funeral will be held at the
residence at p. m. Monday
Michael FELTON, Of Chanhassen, while
working in the woods, froze both feet and
was brought to Excelsior this morning.
One foot may be amputated
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
WHEAT SALES
Those of the "Cash" Variety
Cannot Be Exempted
From Tax.

From Tho journal Bureau. Room IS, PoGo
Building, Washtngto,a.
Washington, Jan. 4.-Internal Revenue
Commissioner Yerkes has ruled that
leash" sales Of wheat on the Board OF
Trade, Chamber Of Commerce or similar
organizations cannot be exempted from
the tax provided in the war revenue act.
| as amended in March last, unless such
wheat be in cars, boats or vessels, and in
process Of immediate transportation.
The case came before the commissioner
on an appeal of the Washburn- Crosby
company from the ruling of Internal
Revenue Collector Won Aumbach, that the
purchase of 100000 bushels of wheat from
| the Northwestern Elevator company on
| the floor of the st. Paul Chamber of Com
| merce was subject to the tax provided in
| the war revenue act. The wheat itself
! was In the elevator and was sold for i'm
| mediate delivery known as a "cash" sale.
| The commissioner holds that the law
specifically states that only sales of wheat
in boats, cars or vessels and in course OF
transportation are exempt from tax, and
that he must follow that law. He is not
prepared to rule on the alleged intention
Of congress to exempt the sales of ele-
vator wheat, even though they should
be cash sales, and must follow the strict
ticular statute.
Flour Sales at Malta.
John H. Grout, American consul at
Malta, tells the state department that
sales of American -four in that island
are increasing, largely because of direct
dealing with American millers, which cuts
out middle mems profits. Lately, on ac-
count Of the plague -four from English
ports has been quarantined, for which
reason merchants in Malta, hitherto pat
ronizing English concerns, have cabled
to the United States for direct shipments,
in some cases doubling their orders, -four
from this country not being subject to
quarantine. Mr.. Grout says that
steamer is now on its way from New
York with record cargo. Not much has
been done lately In Malta in the matter
Of wheat, but the demand has again
started, and large orders have been
placed in this country. The present win-
ter, it is believed, will see revival OF
last winters demand for wheat.
W. w. Jermane.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04

The leaders of the republican party in
congress and the administration have
never abandoned the idea of securing
Cuba as a territory for the United States.
1t is stated at the war department that
General Wood will be prepared to relin-
quish control Of the island to the new
government just as soon as that gov
eminent is prepared to fulfill all of the
conditions imposed by the Plat amend-
ments. Secretary Root has no doubt that
these conditions will be fulfilled. There
is every reason to believe that General
Wood has a complete understanding with
President Palma which involves the ques-
ton of annexation and that General
Palma is in full sympathy with the plan
ultimately to make Cuba territory of
the United States.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
INDIAN LANDS
Bill for Cession From Devils Lake
Indians.

From The Journal bureau, Room, IS, Post
Building, Washington.
Washington, Jan. 4.-Senator Hans
brough put in the holiday recess going
over reports of special agents relative ia
the agreement with the Devils Lake In
dams for the cession of their unallotted
lands, and to-day was in conference with
Inspector Mclaughlin and Special Agent
Armstrong, who made the agreement, and
these three gentlemen are drafting a bill
providing necessary legislation to ratify
the agreement, The senator is in receipt Of
numerous letters from all over the United
States from parties who desire to make
locations on these lands as soon as they
are thrown open.
w. w. Jermane.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
SHAW's FIRST
Billy Coalson, Colored Usher, to Hav
a Place at Washington.

Billy COaIsOn, CoIOred Usher, TO Have
a Place at Washington.
Special to The Journal.
Des Moines, Iowa, Jan. 4.-Billy Coal
son, the genteel colored usher at the
state house, has been definitely promised
the first appointment to be made by
Governor Shaw, as secretary Of the treas
ury. This appointment Is in Difference to
the express request Of Mrs. Shaw, who
has found Billy exceedingly useful as ca
terer, usher and man of all work at the
social functions Of which she is hostess
after his official duties have been com
pleted.
His exact Office at Washington has not
been given out. but 1t is understood II
is in a capacity that will permit Of the
continuance of his personal service t.
Mrs. Shaw.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
WAS SERVICE LEGALP
That in Injunction Case Said to Have
Been Illegal.

That in Injunction Case Said to Have
Been illegal.
No evidence exists In the records of the
federal court that papers were legally
served on the officers Of the Northern
Pacific Railway company in the recent
application for an injunction to prevent
the retirement of the company's preferred
stock. Papers in the case were served
on Director Charles w. Bum and Agent
Mcneil by an officer Of the federal court,
but not by deputy marshal, as required
by law. It Is now stated that the returns
amount to nothing.
II delay was the essence of the case
and the Injunction was brought at late
day to embarrass the directors Of the
road in the retirement of the preferred
stock, the attorneys lost a golden oppor-
tunity to delay the matter still longer by
showing that the representatives of the
Northern Pacific had no standing in court
because not legally served with notices
to appear.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
WISCONSIN GUARDS
Annual Meeting to Be
Held in Milwaukee.

Special to The Journal.
Madison, Wis, Jan. 4-The nineteenth
convention of the National Guard assoc
citation of Wisconsin has been called by
Adjutant General Boardman, to be held
in Milwaukee Thursday and Friday, JAN
80 and 81, at the Light Horse squadron's
armory The following papers will be
presented: Major G. r. Williams, 'sThe
Supply Department of the Army and W.
N. O.; Major E. H. Grannis "The Food
of the Soldiers; Lieutenant Emanuel
Rossiter, Company Cooling in the
Field; Captain o. E. Lewis, ..Inspec-
tons; Captain Edward Chynoweth, Sew
enteenth infantry, U. S. A., 1.-THE Field
Exercises of the w. N. G.-Suggestions
for the Future" There will also be prac-
tical talks by other officers of the regular
army and discussions Of matters pertain
ing to the national guards.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
DEATH ON THE
BURLINGTON
Four Section Men Instantly
Killed by a Passenger
Train.

Monmouth. ILL.,, JAM, 4.-Four section
men we're instantly killed by Burlington
passenger train this morning. They were
going to work on a handcar and the COM
ing train was concealed by the steam OF
a freight train on side track. The
dead: James McGrath, foreman; Joseph
Brown, Samuel Mettler, Mike Anderson.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
WOMAN SAVED HIM
Escanaba Bartender Was Being
Beaten by Stranger.

Special to The Journal.
Escanaba, Mich, Jan. 4.-Octave Leduc,
bartender, was almost killed in saloon
kept by Mr.. Sherbinow, last night. A
stranger entered the place, and after or
dering drinks, for which he refused to
with bottle.
Mrs. Sherbinow, the wife of the proprie-
tor, who is about so years old, living in
the rear of the saloon, heard the noise,
and, rushing in, broke a chair over the
head Of the intruder. A policeman then
placed the man under arrest. Leduc is in
critical condition. The stranger will
not give his name.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
At PEACE
Final Announcement That
Chile and Argentina
Have Settled. ..~
,ss,, YORK su,, ssseisl Service

London, Jan. At is reported that
Argentina has now finally accepted the
terms Of settlement proposed by Chile
with reference to the delimitation Of the
territory in dispute. At the legations of
both republics it is stated that all trouble
has been averted, and Barring Brothers
have also received information from
Buenos Aires that the dispute has ended
Dacifically -..--..
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
DONS DEMAND
Why the Signing of the Spanish
American Treaty Hangs Fire.

American Treaty Hangs Fire.
Neap Yorb sa1s Special Servtce
London, Jan. 4:-The Madrid CORE
spondent of the Standard attributes the
delay in signing the Spanish American
treaty to the fact that Spain is not dis
posed to allow Americans to acquire and
hold real property in Spain, and her coll
onies, unless Spaniards are accorded the
same right in the United States. The
United States has made fresh diplomatic
representations on the subject. Mean
while the governments seem to have
agreed on the matter of extradition and
consular regulations, and also regarding
reciprocal most favored ton treatment
in commerce and navigation, and the
treatment of their respective subjects in
each others territ DRY.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
RACE WAR
Constable Fatally Shot at.
Evans, lowe Whites and
Blacks Riot.

Oskaloosa, Iowa, Jan. 4.-Constabla
John Rudderburg was fatally wounded this
morning in making an arrest.
The fatal shot was direct result OF
the riot between whites and negroes that
took place at Evans last night, though
at that time no one was seriously injured.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04

NOTHING MORE TO LIVE FOR.
Charlton, Iowa, Jan. 4.-Because his long
cherished plan of purchasing another farm
fell through, John A. Johnson. q wealthy
farmer, committed suicide by hanging here
this morning.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
ncEAM uEcsE1 {

OCEAN VESSELS
Bremen-Arrived: August Korff, from
Philadelphia.
Hamburg Arrived: Mannheim, from New
York.
New York-Arriyed: Monominee, from Lon
don.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
RELATIONS STRAINED

1SS1sAS1O1AS H~@ss~-
ciers Crop Out.
Special to The Journal.
New York, Jan. An its financial art1-
Gle to-day the Commercial Advertiser says
the most recent aspects of the Northern
Securities Union Pacific matter are such
as to afford the street material for more
talk about strained relations in high fnan-
cial circles, of which SO much was heard
druing the fall.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04

!: It will serve, in the event of any :
!: considerable number of Cubans ex- :
{: pressing a desire for annexation, :
!: to enable them to fulfill that de- ,
=: sire expeditiously and without :
/: bloodshed. AS a matter OF fact. :
!: this Is the real purpose of main /:
F: tanning a large military force in :
the island.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-04
Intention Is to Facilitate the Process
of Annexation When the Time
Therefor Is Ripe.
President-Elect Palma and General
Wood Have an Understanding
to This Effect.

! leaders who may strive in the future to
destroy the existing form of government
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1902-06-21
The Apple Farmhouse.

The apple Plant louse (Aphis malD is
aphis, having a short body, four trans
parent wings or none, sharp suctOrial
bill, and long jointed antennae. These
insects are often numerous and destruc
tive, although quite small They suck
the sap from the leaves. young buds, and
sometimes from the young fruit of the
apple tree. chiefly in the early spring
from the time the leaves begin to expand
until about the first of July. Then they
migrate to the roots of grasses. The
eggs are laid on the small apple twigs
in the fall and remain there during the
winter, as soon as the leaf buds begin
to expand the young hatch and increase
rapidly by giving birth to living young
without mating, so that there is Il colony
on almost every leaf. For the July mi
grafton they become winged, and during
the summer they continue to feed and
multiply on the roots Of grasses. in the
autumn another winged brood appears
and they return to the apple where the
females establish colonies Of wingless
oval, dark-cOlored eggs upon the twigs
in great numbers. This completes the life
cycle. The common remedy is spraying
in the spring as the young are coming
out and before the leaves expand, with
kerosene emulsion or tobacco decoCtion.
Whale oil soap suds is effective IL applied
early. They have many natural enemies,
such as lady bugs, birds. ETC.. that gen.
orally hold them well in check.--F. p.
Dodge.