Gloucester County Democrat. (Woodbury, N.J.) 1878-1932, 1903-05-14

1901 st. Paul was sold no Iess than 22A
times, Union Pacific 21A times, Sugar Is
times, Rock Island 1915 times, Manhattan
12& times, Wabash preferred 12h times.
Atchison 117s times, Brooklyn Rapid
Transit 117s times and Erie 10 times. TO
make things palmer. the total capitaliza-
ton of these nine stocks is 1896, 1872. 100, and
the transactions in one year amounted to
$8,90S, 1000, or nearly fifteen times as
much. Put that in your pipe and smoke
it.
Our clearing house receipts, about
which so much blowing is done, are
swelled in the same way.
Ex-senator Pettigrew's post senatori-
al career is another proof of the truth
Of the old proyerb, Better to be born
the senate he made $250,000 on Wall
street. Now he has gold nine which
pays him a cool thousand per day.
A Literary Trust.
The trust idea appears to have been
injected into every sort of business.
Golfers Weekly sermonizes in the fol-
lowing fashion:
Still another octopus has begun to
emerge into the light. This time it is the
small publisher who seems to be doomed.
OF the hundred and odd former conbina-
tions, most Of which have been born In
the last few years, only one had to do
with anything outside of industry. This
movement toward the concentration of
the book trade is, therefore, the second in
the domain of art and thought. The
small publisher discovers a new writer.
This new writer becomes famous. Tho
big publisher Immediately comes along
and says, II will pay you more than the
little man can possibly pay you" In
former times this was against the ETH
quette of the business but now it is the
regular procedure. The author naturally
accepts. Often the publisher is willing to
meet an actual loss in order to secure the
advertisement of name. which has prob
ably happened more than once in the
case of Mr.. Kipling's books. Thus the fa-
nous author gains by combination. The
beginner loses, in the case of plays, be-
cause the cost of production is SO great
that the business men at the head of the
trust do not care for experiments. The
literary octopus threatens no such calam-
ity because the risk on a single book is
small, and if a new author succeeds the
publisher makes far more than he can
well known man.
A Jefferson Monument.
The movement to erect monument
to Thomas Jefferson in Washington
city is a most laudable one and should
be encouraged by all patriotic citizens
regardless of political affiliations or
political opinions. l do not say this
because / happen to be vice president
of the Thomas Jefferson Memorial as
sociation, but because if monuments
are to be erected TO great men at all
Jefferson deserves one as richly as any
man that ever lived. 1t is strange that
the thing has not been done long ago.
One cannot walk a half mile in Wash
ington without seeing some reminder
of the Father Of His Country, which
is right and proper. Mementos Of
Lincoln are plentiful. Jackson's eques-
trian statue occupies an eligible place
in front of the White House. General
Garfield's statue is in most public
place Scores of lesser Americans ride
or stand or sit in inperishable bronze
on the streets or in the parks of the
national capital, but Jefferson's statue
is conspicuous for its absence. 1t is
difficult to give any reason for such
omission. He is more quoted than any
other American. He ought to have a
statue. 1t will do him no good, but it
will do future generations good.
The Republican state committee OF
Missouri has declared for President
Roosevelt's nomination in 1904. The
aforesaid committee also declares that
Missouri Republicans in convention as
sembled in 1902 led off, ahead of all
others, in declaring for the nomination
of the president But do these per-
formances Indicate that he viii receive
the Missouri delegation? Has it come
to pass that the lion and the lamb
have actually lain down together?
VIII oil and water mix? These queries
are propounded to somnolent world
because the Republican state commit
tee represents the Atkins faction-mere-
ly that and nothing more. Hon. Rich
ard c. Kerens and his retainers are
still to be heard from