Waterbury Democrat., 1902-10-22
.CARNEG|E INSTALLED TO-DAY
As Rector of St. Andrews Uni
 versity.
His Address Was Comprehensive Review of the Growth of Nations The Donor of Libraries Paid Glow ing Tribute to Emperor William.

The Donor of Libraries Paid Glow l ing Tribute to Emperor William. London, Oct 22-Andrew Carnegie this afternoon was formally reinstall- I ty in the presence of a large and bril-
 liant assemblage, over which Principal ] Donaldson presided.
 l MT Carnegie's address consisted of q l lengthy study of the comparative
 growth of nations in the paths of in-
 Gustrial ascendancy with striking
 commentary on their future. In his 1 speech. which was replete with nota- l ble statistics and important economic
 prophesies perhaps the most remark able feature was an appeal to Emperor 1 William to usa his influence toward the eventual creation of the United l States of Europe, under the form of g political and industrial union. Tn this way alone, MT Carnegie declared, can l Europe conquer foreign markets or re- pei American invasion. France, Ger
 many and Russia, who had already
 taken joint action against Japan, would suffice to ensure satisfactory
 union in Europe.
 The czar," he continued, ssllaying taken the first step toward the peace of the world in the Hague conference, the other mighty emperor might some day be impressed with the thought that 1t is due to himself and to Germany to play great part upon the wider stage or Europe, as her deliyerer from the incubus who expresses and Weakens her, the appalling, paralyzing fear of war and of ruin between members of
 her own body.'
 MT Carnegie, in the course of a glow ing tribute to Emperor William. said he could not help believing that one so supremely great'' could Influence the few men who to-day control Eu- rope to take the first step, not to fed crate, but by an alliance to ensure in- ternal peace, which Is all that can be expected at present. Unless the DOW CTS agreed to something of the kind all. they could look forward to was to ssre- VoiVe like so many Lilliputians around this giant Gulliver, the American union, soon to embrace two hundred millions of the English speaking race and capable of supplying most of the worlds wants" For the best essays on this subject MT Carnegie offered a rector's prize
 aLlnS WILH the events which caused the industrial supremacy .sonce yours, but now passed to your iineal uescehdanr. who bears the the indus trial crown" Mfr Carnegie maintainad that It was physical impossibility for Great Britain to produce matoriol things rivaling in amount those of countries the size of America. Cor many and Russia, nor would q unfnn or the empire change the situation. for neither Canada nor Australia mava promise of much increase in nonuIa+ior, or lndustrialism. All thought of ma .eTldl ldl ascendancy even with the Rrit. abandoned" = ehoie pe
 n1r carnegie spared his Scotch audi- ence no details. America ,, hn said
 now makes more steel than all tba rest or Inc world. Tn iron and coaI ner production is greatest and if is aIso so ID textiles. She producAs tbroo1 quarters of the worlds cotton Tbo value Of her manufactures is aho17t triple that of your own. Her aynorts 2 are greater and the clearing honsa ~. cnanges at New York are almost don- ble those of London.,' s Germany, the speaker also said now threatened to oust Great Pri+ai,, rom second place. France yvas ,,a+ likely to increase her trade much f11rs ther. It was only thanks to tha fr,,- gallty and virtue of her peon1a tba+ she remained amongst the first class nations. He emphasized fha aSsar. Ilon that the most powerful waano,, ln cOnquering foreign markets is . profitable home market. aInyasions or Europe especially Of Great Britain Dy American manufacturers arc not 70 De apprehended to any considerabIa extent, except at rare intervals. he- cause the home market in America LOOK 70 per cent of the manufactured articles, hence her prosperity. sFor- elgn commerce is braggart always in evidence at home Commerce is tha true king" The work accomplished 1n American commerce by ssthe Ger man element can scarcely be believed except by those who like myself know 1t by experience"
 The sobriety and determination of the Germans formed an example for England, whose enormous drink bill and money spent on tobacco they cut in half. while the gambling of both masters and men was abolished. "The great secret of success in business and in millionaire making is to make part ners of valuable managers of depart | ments'
 MT Carnegie described as dark cloud on England's horizon the fact l that "in 20 to 9 years tlie supply of l Cleveland iron stone will be practical l ly exhausted. The Cumberland SUD- l ply is already nearly exhausted This l will bring dearer iron and steel"
 However" MT Carnegie added, l 'teven the United States has only a | proved supply of first class ore suf- [ ficient for sixty or seventy years. With the reserve of inferior grades it might last another thirty years, unless the rate of consumption greatly in- creased. But the United States. with her enormous extent. has good hopes of discovering deposits now unknown"
 HELD FOR HIGH COURT.
 Stamford, Oct 22.-In the city court today Maurice Ginsberg, aged 17 years. pleaded guilty to the charge of