davidaulloa/AmericanStories huggingface dataset:
The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1902-08-22

$50
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
METALS.

NEW YORK, March I4.-OTerings Ivy
tin We're made at lower prices, and tina
closing range was S26d36 30, which showed
a decline Of about q points. London
declined rs Cd TO Ella rs GA for spot
and ELL q Sd for futures. Cooper was
quiet and unchanged locally, with Lake
at l21s4IZ7sc, electrolytic at l2IE1Ii255r
and casting at 12qlZAc. At London coz
per closed 5s net lower with spot easy at
953 lis Sd and futures AT e53 I5s asT
was steady and unchanged here an 4isc
put London closed IL ~ higher at E1i
JOS. spelter was about 10 points higher
az yl.s9 at New York. while London was
put quiet and unchanged locally Pir
iron warrants were nominal; No. roiIn-
dry Northern. S18.50119. 80: No. Q f1undrr
Northern, slS1l9; No. / foundry. Southern
sli11.99gglS; no. ! foundry. Southern sort
S175qli18. The English markers VIII ir,-,
were lower. Glasgow closed AZ wv sI
and Middleboro at 46s Oh.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
Large Sales of wool

LONDON, March 1.-THE offerings at
the wool auction sales today numbered
Il, 323 bales. The attendance was very
large. Among the offerings was a su.
per1or selection of merinos. America
was an occasional buyer of best greasy
crossbreds at extreme rates. Cane If
Good Hope and Natal were in large sun
ply, scoureds and good greasy selling
per cent higher; inferior old sold slowly
anu some lots were withdrawn. Follow
ing are the sales in detail:
o; New South Wales. 2,400 bales: secured
0dells Ia; greasy, 3d@1015d.
Q4s Ted; greasy, 5dQ1s I'D.
or YIcIorla a. 2S0o bales; secured, SdQ1s 912d;
south Australia. 800 bales; secured. Ia
Sdg1s SID; greasy, 5Ad@lO1hd. - =
eal west Australia. LOO bales; secured.
6s4d@1s; greasy, 5d@912d
New Zealand, $500 bales: scoured 4yd
gls 4d; greasy, 3GdQ1Od.
cape OF Good Hope and Natal. 1O.Ooo
oa4es; secured, IS Sd; greasy, 7dQ7ad.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
OTHER CATTLE MARKETS.

South Onaha-Receipts, 5000; steady to
lower; beef steers. $4@6.6o; Texans. $5.759
Z; 40; cows AMI heifers, -. 25G05. rs; Gamers,
$l.5Jtq5; stockerS and feeders, S2.75l4 75
Hogs-Receipts, 500; 1Oc lower; heavy,
g lOq6.35; mixed, 6Q615; pigs. 81. 5905 30.
Sheep-Receipts, 1,1C0; steady to strong
sheep, $3Q5.6o; lambs. $5@6.25.
St. Louis-Receipts, 600; steady; beef
steers, So, 5OQ6.55; Texans, IS. 3e@5.9O; stock
ers and feeders, $2.70lD4 IS; cows and heif-
ers, $2.25Q5.40 Hogs-Receipts, 5000; DC
to l0c lower; pigs, $5Q6.15; packers, S. 100
6:25; butchers, $t.20@6.55. Sheep-Receipts,
$50; strong; sheep, S4.5GQ5. %; lambs $o.5O0
6.5U.
Kansas City, Mo-, March 14.-Catt!e-
Receipts, ZOe5; market steady; beef
steers, $6@6. 80; Texans, 81 6OQ5. IS; cows
and h n Tiers, 81. 2o4o 80; stockers and feed
Zoe lower; heavy. Sc. 1906 SIS; packers, Sc 65
q6.50; medium, $6.2O@6. Is; workers., $500
Go; pigs, $500. SO. Sneep-Receipts, 500;
market steady; sheep, $4.65Q5. 80; lambs,
$646.35
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
Foreign Financial.

LONDON, March 1.-THE stock market
TO-DAY was Inactive and featureless Amer
Ican shares were merely nominal, closing
tractlonaliy harder on New York demand
l s3eaS southern darn hallway and United States
plans talk. Rio Tintos sold at 45A, and
Copper was "A down to 953% the ton
Yesterdays report regarding the Rio lin
tos depreciation and redemption fund
proves to have been misapprehenslon.
as the company has written off 9I82. 900
for depreciation and redemption, against
8l9o geo last year. Gold to the amount Of
t2o0,G0O has gone out to the Cape Paris
exchange is 2516; Berlin, 24.47. Silver is
2418d per ounce, the lowest since Septem-
Der 1897, when Japan established the gold
Standard There is complete absence of
demand for the metal.
Cold premiums are quoted as follows:
Buenos Ayres, 1850; Madrid, 80. 05; Lis
bon 800; Rome. 220
Paris, 4 p. m.-Three per cent rentes,
1Uf 2lc for the account; exchange on
London, 25f Ice for checks; Spanish As
TIPS
Rome-Gold premium, 2.27.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
Jouth 81. Paul Give Stock
7fnd Outside Cattle Markets.

Randgaard & Co, Danvers; H, S. Mdssee,
Rusk: H. Hembackle, p o Brien, Nor
wood Aim & Trip, Faribault; John
Laughlin. Bixby; B. NJ. Dahl, Atwater;
Brown & Ryan. Litchfield; G. A. McCon-
nell, Belle PLANE; c. A. Martin, LtXis-
vile; w. Sweetman, Curne, KG> Ike &
Espenson, Winthrop; Nelson & CIR the,
Hanska; ]. K. Troll Gibben; N. o.
Fundingsland, Henry Anderson, Madi son;
F. P. Seeger, Marietta; Olson Bros; La
Fayette; Charles Busch, Gaylord; w.
Chicago Live Stock Market
CHICAGO. March -Cattle-Receipts,
1900; including three cars of Texans;
strong and higher for steers, easier TOR
cows and heiferS Good to prime steers,
Sc .5GQ7; poor to medium, 81 250t6. 80; stock
ers and feeders. 81 .5005. 25; cows, S1.40D
$50; heifers, s.. 50G5. Is; Gamers, .2502 50;
bulls, $2.5o@4.75; calves, $3@6. so; I&1us
fed streers, &.75@6
H0gs-Recelpts today, 10000; tomorrow,
N.C00; left over, 500; to 10c low r,
closing weak. Mixed and butchers, 500
$40; good to choice heavy, $6.45Q6. 521s
rough heavy, $5.60d6 80: light, IS. IS d6. 70 !;
bulk of sales Sc. 1905 IS.
Sheep-Receipts, 5000; sheep and lamt s
strong to 10c higher. Good to choice
wethers, $4.75Q5 .25; fair to choice, mixed,
So. 1904. 40; Western sheep, yearlings,
81. 75Q5. IS; native lambs, $4@0. 65; West ern
lambs. s5.2566.55.
Official yesterday: Receiptv-Catt,e,
8,l54; hogs, % 725; sheep, 1874 Shipments
Cattle, S,645; hogs, 1903; sheep, 3,5l4.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
OTHER GRAIN MARKETS.

Toledo-Wneat active. weak and low
er; cash, Size; May, size; July 777sc
Corn steady. dull; cash. 63a4c; May, 625sc;
July, 6z94c. Oats dull. steady; cash. 44I5c:
May, 40e; July, SIC. Clover seed tirn'
higher, better demand; Marcn. 55.55:
April, SOS; October, s5.O7Jz. Timothy
No. ?, $3.50. Alsike-No. z. $50.
neutrality-suspicious. dull Wheat steady.
northern. 75G7512c; May, 75c: puts 74lac.
calls. 751zc- Rye steady; No. i Coo. Bar
ley higher; No. g. csc: sample, 55mf5c
Oats steady No. . white, 4sg4611c. Corn
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
New York Grain and Produce.

NEW YORK, March 14-FIour-Re-
Geipts 1925 bbls; exports 6,9g5 Sbls; fair
ly active and steady, closing a shade
easier with wheat; rye flour quiet; corn
meal STEADY rye easier, NO z western & u
I. 0. b. afoat; barley duh. Wheat-Re-
ce1pts, $3.50 blu; spot easy; No 2 red.
6444c +. 0. b. afioat, and $40 elevator Mo-
I northern Duluth, 831zc 4. 0. b. ahoat;
NO l hard Manitoba, SIC 1. D. b. ah0at
For time after the opening wheat re-
hected cold weather talk in the North
west but as the advancing premiums
checked each order and late reports
secuted the cold wave idea, Hquidating
prevailed and the close was weak at I'm
9sc net decline. March, S0jznSl3sc closed
@12c' May, sJA9M Life; closed Sg44c;
July, 81A182hc, closed size; September
SC12481+sc, closed 601zc. Corn-Receipts,
S.O0J bu; exports, 1897 bu; spot steady
NO z, 691sc- elevator, and 6Szsc I. " b.
Early strength In corn, based on light
movement and covering was followed i'll
the last hour by unloading with a finaI
rally on covering, which left the market
Irm at 1s0Ac net advance. May, 6llzW
6Izsc closed STAG; July, 665s066zsc, closed
6o34c; September, 65M651zc, closed 65asc.
Oats-Receipts, 10000 bu; exports. G.537
bu Spot firm: No. 2, SIC; No B 5lc; No.
1o, White, 94c; No white, 54c; NO. white.
537zc; track mixed Western, 52n53c. tfarIt
white, o31t5sc Options slow all day but
steadily held. Hay quiet HOPS STEADY.
Hides steady. Cofee-Spot Rio quiet Ng
12c n I'M
Sugar-Raw firm; fair refining. z 21-s.r.
centrifugal, 9G-test, l3-32c: moIas.t u
sugar, 21-32c. Refined quiet.
The coffee market opened steady. prices
70 ~ points higher. On tolerably bulIi IN
caples and smaller Brazilian receipts than
anticipated. Shorts and room traders WV y
moderate buyers during the day. though
prices failed to vary materially rOr tls
rest of the session. Larger warehouse de-
lVer1eS than Looked for and a gtaI Jty
ruling Of the market for spot c0ffe- II I1-
ed 90 strengthen local bull conileu.a.
The market closed steady. with prices )
points higher. Total sales were-17 900 bags.
including March at ). loo; June H MAJ.
July, 5.50c; September, 5.70c; December
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
DULUTH.

DULUTH, Mimi, March 14-Wheat was
very weak and Is off about 21ac from re-
cent high point. May opened unchanged
from yesterday, at 741zc, and it at once
advanced 1Sc to the days price. A de-
cline took May to 1889 at the close. July
sold at Sl.75A for May. Accomplishment,
So cars; barley, /; flax 5; total, TO- snip
ments-F'lax, 1868 bu. Shipments of bond
ed wheat are large, but not reported.
Close: Wheat-No. L hard, cash, 757sc;
No. l northern, cash, 7275c; May, 737gc
July, l44c; No. 2 northern, 70Ac; No. g.
6S$sc. Manitoba Wheat-Cash. 7l1sc; May
72c; No. 3, 6l7sc Flax-Cash and to ar
rive, 81. 72l2; May, $1.75; September 81. 4012
Corn, 6O4zc; oats, 42c; rye, o214c.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15

Lash quotations were as folIoWs- T77o77-.
STEADY; very dull Wheat-No. 3 sbrins
i119l375c; No. red. 82G831zc. Oats-No. 3
5Szs &c No white, 4734c; 10. white,
to choice mailing, fid651Lc. Fiaxeeed ~
No. / A.6S; No. l Northwestern. 81 ~
IImothyseed-Prim ST. 40a650. Pork
Mess, per Dbl 81. 30G15.35 Lard-Per IOD
Qoose), IS. 5ogS Is. shoUidersnD TSse sait5
ed (boxed), 71s0714c. Sides-Sho-t clear
boxed. sS.65aS. IS Whisky-Basis Of
high wines, $3.50. CIover-Contract grade
$S.f5 Receipts-FIour bbls 24000; wheat
bu, 81. 900; corn. bu, 81, 600: oats, bu, liz 000
rye, bu. 1000; barley, bu, 200 Shin.
mrents-F1our, bbls, 1900; wheat, bu, 81
W; corn, bu, $500; oats. bu, 153 900; rye
blu, 5000; barley, bu 1900 on the 30,
duce exchange today the butter market
was firm; creameries, 1Sd25c; diaries 18l6
23c Cheese-Steady, Icy Ql214c Eggs
Easier; fresh, 141ac.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
500 Per Berth TO Chicago via
"The Milwaukee

During March and April "The Milwau-
kee" line will operate tourist gleanir \,
cars between the Twin Cities and Chira9
90 twice each week In each direction
Tourist cars Will leave Twin Cities Nv
6:35 p. m. train every Wednesday ANA
Saturday arriving Chicago $50 folioWira
morning.
Rate per double BERTH 300
Westbound tourist cars will leave Chi.
caRo Tuesdays and Frtdaya
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
OTHER PRODUCE MARKETS.

Chica go-Butter steady; creamerieg 1sD
zocj diaries, 16423c. Cheese uuchargad-
twins; lO744llc; dairies, HInzc; Young
americas, l24lzHc. Eggs easier; at mark
steady; turkeys. 1Oq1474c; chickens lib
iverpool-HIams- Short cut steady. 174
clear backs steady, ASH Shoulders -
Square steady 36s Hops-At London
(Paciflc COAST steady SO 10sgi lOs.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
N. & w con. 4s1A31k

N. & W. con. 4s1031k
Reading gen. As. 99A
St.L. & I'M. c. IS. 1181s
St. L. & S. F. As 9Ssz
st. L. S. w. lists 9S3a
do IDS ....... sou
$. A. & A. P. As. 91H
So. Pac. As. 941a
50. Ry. SIS. .121h
1. & P. lists. ..1207a
T., st. L. &W. As s.
Union Pac. As. 1851
do cow. As. 1855
Wabash lists .11S15
do IDS ........ .11O1s
do deb. B. 74@a
West Shore As. .113
w. & l.. E. As. %1s
Wis. Cent. As. 80
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
Cattle.
Comrarative receipts.

Comparative receipts.
IoJal Tor Uoday (eSlImated) .......... 800
A week ago OBSERVATION-DISCLOSURES. z4U
"A year dSO ...---'.--..'.'.- -..-.s-....-. 80
quotations.: Fancy butcher steers, 81 10
40.LU; prime, So.5oQIo.lU; good TO cholce
$+-toet1.-o; common 70 tair, SIS. 50lJ460; fan
cy butcner cows and heifers, 81. 75C15. 10;
pr me, 44o9g4.bv; good to cn0ice, IS. 25u4. IS /;
common to 1aIr, u. y06J3.zO; Gamers and
cutters, $l.5OQZ.bo; goou To choice butcher
DulS, $3'u4; common and bologna bulls
$-.5V4ZyUj good 10 choice VeaIs S4.5UU
D; common TO fair $3.oOQ4.Z5; good TO
cholce feeding steers, $3.5U9t4. 70; common
TO Ialr, Sz0vtt3.4J; good To choice stock
steers. $5.z0Uf; common to far, 81 5O1d3 III:
steer caves, Sz.oU45.oU; good to cnoice
STOCK cows ana heIfers, -. 1893; common
- - Itlir' Sz.zo4zo %; stock ana feeding bulls,
$22.Zo9z.fo; good to choice mich cows and
sprlhger8, $5zQ4O; common to fair S20a50
receipts moderate. All kinds STEADY and
acllEe. AardS are clearing nicely OF
stock and feeding cattle, including com
non stun, although the latter are sell
ing low. Representative sales:
ButCner Steers
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
Baltimore & O.. m

DO 512S ........ S594
do cow. Is. .106
Can. So. DDS. .107A
Cent. OF Ga IS. HOG
do 1st inc. 49,. 1874
C. & 0. 412s. ..1O7zs
Chi. & Alton 31ss 8415
C., B. & @. n. IS. 95&
c, Nh St. Pig. .11411a
G. & NV. c. 7s137A
c.. r. /. & P. 4s.1121s
C.C.C.& StL. g. 4s104
Chi. Term. Is. SO
Col. & So. Is. 9412
Con. lob. As. :. 665a
D. & r. G. As. 1929
Erie p. /. As. 1884
do gen. Is. ST..
F.W. & D.C.1st 1885
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15

ed receipts at the Union Stockyards to-
day We're: Cattle, $50: calves, 60; hogs,
IS00; sheep, 35; cars, 30.
Official receipts yesterday: Cattle, 742;
Receipts thus far in March compared
with the same period in 1901, are as fol-
lows:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
London Closing stocks.

Consols for money, 81 ZIG; consoIs for
account, "a 3-16; bar silver weak. A7ad
per pc ounce; money, 2A@3 per cent. The
short bills is 2 11-16@2A per cent: for
three months bills, 25sG2a4 per cent.
New York Mining Stocks.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
ST. PAUL, MENN

May. 62Ac; puts, 621sc calls &c.
e. Louls-Close; Wheat lower; No a
Ted cash elevator. S214c; May, Sac: JuIv-
1i4A0749sc; No 2 hard 751a17Sc corr
44i l;t NO; 2 cash, 611sc: May. 6l0GlHc;
July, 63a621sc. Oats higher; No. z cash
4 re- FL, May, 45c; July, &c; No. 2 white
Kansas City-CIose: Wheat-May 72llc.
July, 72hc; cash. No. hard 73Hc: No 81
lz14ci No z red, Sic; No. 3, Soc; NO 4
spring, nKQ7212c. Corn-May. SIC. SEN
TENDER, 58a4c;, cash, No mixed 62I5c +.
NO. white, 65c; No. g. 63c. Oats-No- Z
white, Hc. Rye-No 2 Gle Hay-Choir4
timothy 81; choice prairie Sl2.75al3. But.
ter-Creamery, 2l025c; dairy fancy. 2Jc,
Eggs-Fresh, 121zQ13c. Receipts of wheat
26 cars.
Liverpool-Wheat- Spot No. 3 red west.
ern winter quiet, IS led; No / northern
ssprl ili' no stock; No. | California firm.
6s a.; futures steady; March, 50 I'D
May, is I'd. Corn-Spot quiet American
mixed, new, IS I'D; old, IS 224d. futures
quiet; March, 81 112d; May, 81 2a1d Ra-
ceipts Of wheat during the past three
Gays, $4,000 centals including 81 900 Amer.
lean Receipts of American corn during
the past three days, 1900 centaIs.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15

Hook. Val. 41ss. 1OS5s
L. & n. uni. as. 1921:
Mex. Cent. As. So
DO inc ......... 1874
Mimi. & s. l.. 4s1O31s
M, K. & T. As. 993[
do Ids ....~... 50
n. Y. Cent. 1sts1O3A
do gen. 312s. .108
do gen. IS. .1S9
Nor. Pac. Is. -. 105A
do & ....s..... 745l
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
March 1g02 MARCH. 19O1 Cain
*I4oss.
Hogs.

Comparative receipts:
Total Tor To-Day (estimated) $50
A week ago OBSERVATION-DISCLOSURES. 791
A year ago .........-.................. 641
Quotations: Light and light mixed
S5.l5n6. 10; mixed and butchers, 81. 90Gg6. 35
heavy, $5.95Q6. 30; boars 81. 5013. 80; stays,
81. 5045. p; underweignts, S.. 35Q5. 70; pigs.
81. 75Gt5. Is
Market opened 5I10c lower and closed
steady at the decline. Demand good at
lower prices. Nothing fancy on sale.
Representative sales:
hogs
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
Produce and Fruit
=. Markets :.

Commission Row. March 14.-Trade
IN the open market at today's meeting
Of the Produce exchange esta blished the
following prices in lots:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
Daily Wheat Movement.
State Grain Inspection.
Northern


Other Grains-No. corn. 8; no grade
ccrn, 10; No. 3 oats, 6; No. 4 northern
oats, 8; No. rye. 2; No. barley. 2; No
l fax, 5; rejected flax. 10.
Cars Inspected Out-Wheat-No /
northern. A. No. 2 northern, III; No. g.
81: rejected, z. 40 grade, 4; No. corn.
z; no grade corn, l. No. oats, T. No. 4
northern oats, 2; no grade oats. 2: No. 2
rye, 2; No. flax. II; rejected flax, /.
minneapolis Curb.
Curb. May wheat ............72A-N
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
W. n. CAMPBELL,
COMMISSION COMPANY
Live Stock Commission Merchants
Union Stock Yards,
6oOTH ST. PAU

:, Consignments and correspondence so
nGiLea. Market reports furnished on ap-
:, we DO strictly commission business
no i've stock bought or sold on our own
References Stock Yards hank sonth
OF rauI; security bank, Zumbrota; Hon.
4. 4 kosrner. state treasurer. Capitol
olHd,ngi q. Paul; A. c. Anderson. CASH
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
HIDES, PELTS AND FURs.

MINNEAPOLIS, March 14-Reported
by the Mcmillan Fur and Wool 20:
Green Sailed E1ides-Recelpts fair:
quanty conunues poor, thin. long haired
manury; from some sections grubby
Market steady at recent decline sup
pMes light.
No. l. No. q
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15

49, PIlCts are TOT prime or No i
skins skins No. 2, 8. and kits in proportion.
Wisconsin and similar muskrats are 90
&c over quotations. Badger, civet cat
house cat, wild cat, dog, gray fox. kit
fox, mountain lion, rabbit skins, weasel
ana wolverine bought at full prices.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
U. S. ref. IS,

Oldf SAFES lot the day, ~, 100 Shares
New York Bonds
Omaha daily bee., 1902-08-25
PERSONAL NOTES.


sehwabd departs for Europe Just as Morgan
arrives in this country. so the h~emispheric
balance - likely to be maintained
Iao1t Is said that more babies have been
named after President Roosevelt than after
any other executive Of the nation save
Washington and Jefferson.
The earl Of Dudley, the new lord lieuten-
ant Of ireland, is the youngest man who
ever represented the British government
at Dublin castle. He has just passed his
s5th year.
The estate Of the late Pierre Lorillard.
like that Of most other reported multi-mil-
lionaires, does not inventory as we'll as
expected. The final report Of his executors
places its value at 81, 1877, s25.
Muzzafar-ed-Din shah Of Persia, re-
quested that the train which took him from
Dover to London be run no faster than
twenty miles an hout He prefers TO see
the country rather Than give his widows
the benefit OF his life insurance.
The only wound ever sustained by Lord
Kitchener during his long term of military
service was received In the Soudan, where
a bullet from an Arabs gun struck him IN
the cheek. The bullet, after remaining II
the flesh for some tine. fell into his plat
At . London restaurn6
Omaha daily bee., 1902-08-25
TBE MORE SENSIBLE VIEW.

Those Cuban patriots who have
hoped to get a large slice Of the pro
posed loan Of $50, 100000 will not think
better Of President Palma and his cab.
met for opposing the loan, but no doubt
their position will be approved by the
substantial interests upon which would
fall the burden of paying the debt. The
sensible view Of President Palma is that
Cuba should not try to float a large loan
until the administration can establish
the fact that it can run the government
economically and end up its first years
experience with a surplus. President
Palma realizes that the new republic
has not yet established any credit and
therefore cannot borrow money advan.
tageously. A moderate loan to help out
the sugar producers could perhaps be
obtained, and it is probably advisable
to contract a small government debt for
this purpose, but to load upon the coun
try, under existing conditions, such q
debt as was proposed In the congress,
most Of it to go to the payment of wal
claims. would be a very grave blunder
1t has been demonstrated, however
that Cuba cannot now float a loan OF
S35, 5000, unless 1t should be approved
by the government Of the United States
and Of course this could not be OBJ
tanned. The Cuban revenues at present
are not sufficient to pfovide for the pay
ment of so large a loan, and therefore
our government would not approve anC
probably would not permit the loan
Doubtless President Palma and his cab
met are fully aware of this, though Their
has been no official utterance here il
regard to the matter. The temptation
to borrow is undoubtedly strong witt
many Cubans. The clamor for pay Of
the men who served In the revolutionar,
army has q great influence upon som,
Of the politicians. The more intelhgen
n conservative Cubans, however, Sc,
the danger to their domestic INTEREST,"
ms well ms TO their independence IN
volved in borrowing before credit is es
tablished, and these will support Presj
dent Palma.
Omaha daily bee., 1902-08-25

sional districts this fall a prominent repub-
lican said that Dave Mercer would be elected,
as he had secured more pork" for his dis
triet than any other congressman. Pork"
means large appropriations for public build
ings and work. Now that is q great argu-
ment to advance for the election OF q con-
gresham. Ignore the fact that Omaha only
retains Mercer as a resident because he gets
ONCE, Pass up the fact that In ten years
Mercer has never made q speech or advanced
an idea TO benefit the nation. Overlook the
fact that he has never made a speech de-
Tending republican principles that was
worthy OF reproduction. Pork" seems TO
be the main thought in MERGERS success.
but we are OF the opinion that the taxpay-
ers Of the Second district want . man Of
ability TO assist in making good laws; en-
ergy and talent to help make the nation
better, rather than. q man whose sole am
bition is to get the greatest slice Of the tax
payers money to be used to help those who
secure his election.
Omaha daily bee., 1902-08-25
rRs rRnslpENr oN rRusrs

President Roosevelt adheres to the
views expressed in his first message 10
congress in regard to the industrial
combinations engaged In interstate COM
merce. In his speech at Providence Sat
urday he said the great corporations are
the creatures Of the state. and It is the
right and duty Of the state to control
them. There is need, of supervision and
regulation, declared the president, and
he expressed the belief that the power
Of control by legislation must be as
sumed by the nation. If it shall become
evident that the constitution does not
permit needed legislation then the con-
stitution should be amended.
The trusts, in the opinion Of Mr..
Roosevelt, must be placed under the con-
troll Of some sovereign Ito which, as its
creature. the trust shall W allegiance,
and in whose courts the soVereign's or
ders may with certainty be enforced"
The great corporations as nov organized
not being responsible to or controlled By
any legislature, nor wholly subject to
the Jurisdiction Of any one court, "some
governmental sovereign must be given
full power owe these artificial corporate
beings That sovereign must be the
national government, and when it has
been given full power then this full
power can be used to control any evil
influence. exactly as the government Il
now using the power conferred upon Il
under the Sherman antitrust law" The
president still regards publicity al
highly essential. He urges that the frs
exercise Of the power Of the government
should be the securing Of publicity
among all great corporations doing al
Interstate business, and the publicity
though non-inQuisitoFial, should be rea
and thorough as to all important fact
with which the public has concern" Thu
president admonishes against ignoran
and reckless meddling with the delicate
and complicated mechanism Of modern
business, and advises moderation ant
self-restraint-counse which will Ger
tahly be approved by all who have
practical knowledge OF the situation.
No one who reads this latest utteranc
Of President Roosevelt can have an.
doubt Of his earnest desire for legisla
ton by congress looking to the super
vision and regulation Of the great con
binations. No one has urged this wit
more evident sincerity. 1t is plain tha
the president is most deeply impresse
with the Importance Of this problem an
Of the imperative Outs. Of seeking = q