davidaulloa/AmericanStories huggingface dataset:
The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1903-11-16
CONGRESS Is IN EXTRA SESSION.
president UKUEO CUbAN IKEAIY


Washington, November s.-Tne ht'y-
eighth congress- convened in eXtraordi-
nary session at noon today in accordance
r,,,t,, So r-oo,a,,.+,or ~ President poosc-
s'' -.
WV LOT '''7 p"'p0'e - '''hs .,''S
tion necessary 70 MAKE ciee'lNe wy
Cuban reciprocity treaty Tho day wa
devoted simply TO personal greetings and
organization. The house elected Joseph
G. Cannon. Of Illinois. speaker.
er,hs hons. assembled the largest mem
80: - - ,.,u.ou,-o., 49,. e.o-o 10
w ''''i' - 80
1ore the gaFel zen IN tl'at o"oS was "'~
of animation both on the floor In the
cloak room and in the lobbiea and corri-
,1o-e Tho ,av was cr,sn and bright and
..;,,.- .aa.4,., ~ ,rvo.,r.
'''' '''i''V' '''''4''s
"'''' - % i-
"hite paint ana e0"il''e'" 'e'''' ''''' ~
~
The democrats 'oua< Aail'eu @i"''.' q
new leader. at. WllidIlS. OF N'S9'S9' 'i'',
having % - chosen 10 take 'is P'Nee ~
Mr.. Rich 1Sson, OF tennessee WHO r.
tired from the leadership OF me minority
A cali OF the roll Dy states deVeio2inS
quorum. $50 having answered the
clerk called for nominations LOT speaker
Mr.. Hepburn OF iowa 'ii,,ii nun - ~
republican caucus 1oFhidhS hoiniH@teu
Mr. cannon
Mt. HaN, OF Virginia. ,'"<''i iii"n ~ Wv
democratic caucus nomhate4 MF. WI
Hams, OF M!SS49Sil't4' ~ 9po'N"'9 We
made in making the nominations
The mention of Mr. Canuon's name was
,o>o,,-nd o,ith annlatIse on mo repnblican
..a,,i, at w. vUi,f;,-,, 40
Siue ar" NV ''''--.S , -
the minority candldaie was likewise
greeted on the democratic side
The roll was then called, resulting in
,oe rotea for Mr. Cannon ana ee for Mr.
Chm A.. carmen vas +hen dec1ara,7
7,,i,, .,,ec+ad sneaker Of the house.
- r~,,iare ~ Af,ceisst,nt aod Nv
w go ,r.o,., -,
GrosVehoI' u oAAu' 10 ''PPVAANNu
committee TO hotlly .hr' cannon OF MS
election and 10 escort him to the speakers
chair.
W1llamS 1TeseHCs C"Auon'
Az Mr. Cannon enter the north door
with Mr. Williams and MT Grosvenor the
applause beginning with ripple gre" IN
its intensity a ne approached the SpeaN-
er's desk Members % DO sides OIL tiic
chamber arose anu Joiii7u IN t''e 'N atsV'A
to the newly -cieo'c" 9pedAei' vi.
hams lhUouuttd vi Naiilioii' 7~S''
Gentlemen o. we mousse u lcpi e7eii
tiYes, Il is q hlsh h"hPr 10 present a
speaker or lhe mouse OF epFtsen
The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1903-11-16

Continued o.. Second Page.
The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1903-11-16


W7shi s'"' N"femoer f,''''''FN''s
5. Colombian troops from Bueua ventura
~ a,., .,ff.sr C.,larsai.,n mort for fl4e 18TH
,, ....,.,ftt.d t.y ira wash
,........,. -
ia VII" '' '''i'
feeeir, " 81 iAtma5ion mat t@s9i'oihH
roons nH attempt r. sail f"r TIE isth-
mus
--,,. 1s-,s l.s,.e+,,. ..-,-z~r,,,.-t l,.fde mar
49,. ..-..r... ..s 80 ..,
eisl coco
A has been said heretofore repeatedly.
-ho IIav-f .eFran convention IS dead IRE
1a.ai3v ~n and any negotiations Tor II
ce7ai TRAITS must be IN the basis of q
-. e,.,,s,.ff, H. v.,s r,al, ,,lsfr Tax.
So" ofue@t referred 2. MAJ INC "'t"u
9t"les ''d 10. ...'.'' ''.l ".''i" 49,"
-'A'N A''l''i'.1 90 N'.ii--''- ~ ny i''N'' ''0'
was open ieI 'llu ai'>'"'.S ''' if'3'''''
IONS i't + t'-'s Af''-''''s i'i A''
"''''A ,..,..-..,...
iAe reported api'-t tiil"i-1 10y 'soi'ih p-a
% General t'es'7 rs i'''-' '9iiliii's-
eioner 90 the Tepu"Ht ~ faitIi'it as an
noHneed p tii '''.''d ross "'s
patches TO-DAY, is viewed "tA some m
eTf7t oy 'As ''s''' "s 90
accord WIN '4'' 80 '''
T.aA E"Neliliil''ii ~ az ~
1tt ID 80 MINISTER i''aot'i u'4is
the peaeeful anu equitdD'e Se1'i'1iileht ~
e. questions at issue between Colombia
md Panama The United States. 1t Said,
viii lend its good Offices 10 bring about
The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1903-11-16

Continued on Third Page
The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1903-11-16

in favor Of the new government is far
beyond what its promoters anticipated.
The municipal and provincial laws and
regulations which existed under the leg
islation Of Colombia have been continued
without any practical change. r Melen-
dez. tie new civil and military governor
OF Colon. expressed Ills fun realization
Of what Panama owad TO the United
States. calling that corntry "the new re-
pubiio's powerful and generous godmorh-
err
Regarding the miss.or az General Reyes,
CoVe4nol MricNdez saa
"a telegram has been received b. the
government Of Pansma that General
p. YES is coming to the isghnus in tho
hope Of saving Colomglia'' honor. and IS
ready on behalf Of ihs Colombo n gov
ernment 10 promise Panama oil concee-
sions and Considerations. The Panama
government however, has answered that
lnloes General Reyes comes ready to
recognize the new republic nv accredited
to It ae he Colombian envoy he will not
~, rccofvcd
The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1903-11-16
THRILLING BY COLOMBIA
NOT TO BE TOLERATED.

W., ,-l,i.,c,i,,, sv,..or,,l.sr - yrnr ea,,erei
,ool.s 7,ra..;T.r, T,,,ro,.,l. 1,as had II,
,.r,.,ara.t,,, III. oo,,,.7l ,,oesayn - tne
ooneroee IN ~ nresontea Al ,he ouaning
Of the re gular session on the first Monday
Of I3ecemper' Ihat part OF the message
IL which he president discussed the ne
gotiations between the United States and
Colombia for isthrnian canal treaty. it is
sfatnd v.as co,,,riat,l ahout two weeks
,,4 -, .,,. <,,,,-,.oi o., ,l,a
40.
islilil"S ana ~ tiiS ~NNiftt9 81 800
time have made it necessary for me pres
ident to completely reWrite that part OF
the message touching the canal ncgotia
tinns In tha oDnnins sentence of his
-, ~ ~ .,,,.74.o+ton, ,,stb %
l,,,,,qt, ~. ,..oeta.,, s.id.
ioiilplA Inc pie94"eil, 800
regret 10 report NAL, contrary ~
al expectations the soVernn1ent or me me
republic or Colombia refused 20 FaNiy INC
tIsdly LOT puliuHig = e@"ai 49, o79 ''i0
iSl1hus or Panama
men alter stating tlaI the treaty ~"
been negotiated at the earnest request
Of the government OF Colombia and sub
senuentlv was dIsaDproved bv the Co
1,-,,.ia,, ,oroto - nresfdo,t GAIA +hot
-, ~ T,.,,.a'l ot,tr-
~, 800 ~ go ,e4e ',l' $500 /,
under the treaty OF i0+o were 50 large IN
the protection of transit across the 18th
mus that 1t sometimes had been question
ed whether It was necessary now TO 90
tain a treaty for the purpose of building
q canal
r n r
mo bSSlHe ~ "S chidIL'
1o11lilulis, ne "Io'g ,...,, ,au
The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1903-11-16

ma viii form ~ basis Of tho first treaty
ta lie negotiated between This government
and Panama.
III an probability ono OF its most mpor-
tant features will bc tha fertilization,
either by the United states OF hy Pane
ma under It's supervision, OF the Giles
Of Panama ana Colon. the terminal OF tho
canal When the canal treaty with Co
i0fnbia was under consideration very
considerable element in congress insisted
;hat it shoald contain provisions under
which the United States should Ia fe lie
power TO tortify these cities
Colombia objected 10 these provisions,
hut it is anticipated that there VIII he bar
Ittle trouble in inducing The new re
public 10 agree 10 them. Indeed il is
said OF nfgn STATE department authority
that Panama viii ask for such fortified
lions to protect her from Colombia and
any other outside foes who may seek TO
give her trouble.
Mobs Filled Streets Of Bogota.
Washington, November tl.-Tuc state
department has received cablegram
from United States Minister Beaupre, st
Boeota. dated November 9, in which The
minister states that large crowds were
paradiug the streets on tho 9Th instant.
crying:
, Down with MarroQuiu.
: There was a mass meeting denouncing
the president and calling for a change OF
government. Hundreds gathered AZ the
palace mud The orator. a prominent ma
/ tional general. called for the resignation
IF the president Tie gathering was dis
parscd b1- the troops, several people being
( wounded hut there was no fatalities Tho
/ city was under martial law and well
guarded by soldiers. The Legation OF the
mixed States was under the protection
! OF the government, but there were no in
/ dicat!ons of hostile demonstrations The
residence of Lorenzo Marroqum tbelieved
here TO be a senator and son Of the pres
! idenU, had been attacked with stones
Bolivar Celebration Dampened.
Colon. November !l.--This was the an
! niversary Of the declaration Of independ-
ence Of Spain. made by Simon Bolivar in
1871, and elaborate preparations to cele-
Drate the event had been on foot for
weeks; but the celebration was doubtless
dampened by the occurrences ut Panama
Seniors Mendoza and Fabrega, rospec-
lively ministers of justice and public in
stIuctions. have written to Monsignor ia
d vier bishop of Panama. requesting a con-
tinuance OF the cordial relations which
have existed between church and state.
and soliciting the bishops cooperation in
educational matters. Bishop Javier re-
Piled, promising his cooperation.
Samuel Boyd brother Of FREDERICK
way to the United States. has been APP
The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1903-11-16
THE PRESIDENTS MESSAGE.

Washington. November l0-The prosi-
dents message was read in both houses
Of congress today 1t dealt entirely win
Cuba. The message follows
''To the Senate and House Of Repre-
sentatives: | have convened the congress
that it may consider the legislation nee
essary to put into operation the CONNER
cial treaty with Cuba. which vas ratified
by the senate at its last session and.
subsequently, by the Cuban government
deem such legislation demanded not
only by our interests. but by our honor
We can not, with propriety abandon
the course upon which he have SO wisely
embarked When the acceptance Of the
Platt amendment was required from
Cuba by Che action Of the congress of
the United States, this government there-
by definitely committed itself 10 the pol
Icy Of treating Cuba as occupying a
unique position as regards this country
It was provided that when the island
became a free and independent republic
she should stand in such close rela-
tons with us as in certain respects To
come within our system Of international
policy; and it necessarily followed that
she must also to a certain degree be-
come included within the lines Of our
economic policy.
Cuba Our Ward
"Situared as Cuba is, it would moi De
possible for this country to permit the
strategic abuse of the island BY any for
elgn military power. 1t is for this rea-
son that certain limitations have been
imposed upon her financial policy, and
that naval stations have been conceded
by her to the United States. The ne
Sotiations as to the details of these naval
stations are on the eve OF compilations
The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1903-12-25

Ths regular streck oar service 20 WE
saaharg begaa Satnrdsy morning. TIE
car e No. S. 4 slaases she ST. Charles
hotei ae e.la ossAeas epsry mcsning And
return. 20 sbzx peint ever hour and le
minutes. Coming INTO me city, & comes
up Main street % Ire lsotel, cozner, then
goes over Fourth street % Pike and
chen west 20 wiisouburg. The condncbor
"a john Owens and she m9torsnan Grin
Flowers. uBt one car win run 70 the
depot and only one around the loop, ex-
cepting the two Adamstou cars. The
ear to wslsoubsug gives three cars g
Ada.naepn.
The car 20 the depot will run from he
TndeEs bui'ding. as It Used 20, instead
of around tho loop. The wilsonburg Oz
will leave st. Charles hotel corner at fol.
lowing hours. 6:le q. m, 1924 a. M, $50
y. m. 9:4s .. m. IL am. l2.l2 p. m,lse.
p. m, 2:s6 p. M. 3:4s p. M, s p. IN.
6:l2 p. m. 1894 p. M, $50 p. m, e.ks
p. IN. and II p. m. sRtnrning from
wiisouburg the last "trip at night wii
Be only ~ fur as the car barn at Adams.
ton. The fare Is 10 ccnts 20 wilsoaburg
The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1903-12-25
ORDER or pusL.uAraon.

StAte Of West Virginia.
At rules hold In tho ones q the, clark
Of ahe circuit court q Hasrison counky
on the first Monday n Dsoenhsr. 1908.
Waitman T. Day W. Richard Il.
LsNndes end Wlliam u ndcDebds.
1use object Of tais suit b TO enforce
. medhanics den. claimed by plaiDtiff.
On eertain OH well desrick, Aosata,er
with fixtures, appliances, etc. (same be-
ing at wei hnnWn- - '.dorxis No. 10,
and on the intersz.t of said Lowudes IN
the tract of land on wsaich the same 3
erected; said land u sitnated IN Tenzniie
district N said county. cpntaips about
seven and one~haH ames, and AlAe later
ct Cd said Lowudes ahersin = q. lease-
hold interest and u the same tlatswnR
.conveyed DO him by s. "A Ainsris ard
q. Morris, her hubbard. tg .ieese, -datei
September e, 1908, Of record inscounty
.nierks oftioe IN, saidacounty n D. b. No.
,l3e; page 80. Said Men 3 claimed by
paaiutif 20 see,re ,the payment Of tho
sNlne of building Of .huiiding matarisl.
furnished by piaintiH to. sid Id13ride n
.coufnctor for sid Lpvpies,. 10 Be used
IN CONSTRUCTION Of. said derrick.
And It Appearing by en- aslsasvi tilSd
m this cause that sid W;llsam Z. No
Bride , . non-restdeft uf t1S Stale 81
West Virginia, Il Is crdered TIT be
appear here within one month ASter die
date Of the tirst pubiimtson q this o.
der and do. whist 4 uecessasy % protect
aiis ipterests n 1th;e capse.
a. W. WILLIAMS.
Il, MAxwELL. Cassi<
Counsel. dsel2Ml.
The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1903-12-25

On the Two Numbers Of Course whica.
Have Been Given, and Special Effort
WIN BE 1Eade to Sen Tickefs
for Others.

VI
iee =. M =. a mas lost money on me
Two n'ar1oers that nave been given m ms
course entertainments that It had ar
l..sgea 1cs pne season, ana n was oeeaded
u = lo.ns meeting Of the board % direct
ors anu women's -Araaiary' head IN me
ascension rooms on Ihursday after
noon that special effort should be made
% sell 400 more course tickets for the
eight numbers yet 20 be given for -
including reserved seat. II this can Be-
done or. at least, enough Tickets pledsei
70 insure the association against fur
ts,er loss, the course xill be given u
arranged, otherwise It VIII be cancelled
after he next number
The course IS Arst-class IN every par
f'c'asar and any tiree numbers j. weh
Worth tae Prize asked for the whole list
The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1903-12-25
FIREMAN BROOKS HURT
IN RAILROAD ACCIDENT
IN THE YARDS HERE

Phtsburg division engine, IN backing
down the main track, sidc-swiped the
yard engine, No. 1907, which was guing
out of the siding, turning the latter al
most around and damaging It consiaera-
bly, The engines came together on the
yard engineers side Of the engine, but,
luckily, ne was not hurt to amount 10
anything. Marshall brooks. The fireman,
jumped through the cob window OF the
engine. when. the engineer gave isim the
alarm. He WAS precipftatcd TO the frox-
en- ground and one Of his feet struck the
rail Of the track. His left ankle was
badly sprained and the injury neccsai-
tated his going on duty.
The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1903-12-25
NEW AERIE
OF EAGLES


James p. Bpeing. secretary Of The
Ciarlxsburg Aerie of EagIes, is-1n receipt
Of aakSleerpm fsmn N. H lfesskfio. 81
SWheelipR tie grand insfafiaiion eoHieer
81 the Order Of west virginia, which
states thats he will institute q new Aesie
ut Weston on the evening u 7Decemhes
g. TIE telegram furkher states that
the Clafksburg Aerie wili do tie work.
NE local order Is making ~ srepasp-
lions togo iua bod, to iEeston on thss
The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1903-12-25

he annual meeting Of ,ths atocahosd-
Gs Of TIE Empire scsskional bank q
Clarlrsburg for the election Of directors
and the t1pnsaction 81 any ctlher bod
ness that may properly come before
them, VIII be bold It lis banking house
in Clartsbrg on Tuesday, january leth,
1904, at / O'Clock .. M
z. B. DtIsoN, Cashier.
deci1-w4t
The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1903-12-25
SPECIAL coNvocArIoN
OF CHAPTER

A special convocstion of AdOuiran
Royal Arch chapter No. IL Of the afA.
sonic ioage viii be held in lfasonie tenn
pie Tonight At 7.30 O'Clock. A full at
tendance Of the members Is desired. ~
there win be work IN the Master and
Past Master degrees.
The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1903-12-25

Braddocl< whfskey. the best In the
world. Cumberland Export Beer. the best
on the market at Family Liquor Store
metf
The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1903-12-25

Farms and Town Property for sale.
ranging IN price from $500 to $4,000.
Write Byron & CharIton, Stewart. Ohio.
for further information OctSo-wst
The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1903-12-25

For Sale Valuable property. Apply 20
Thos. Patton, ess West Pike street,
oa1l.eass. W. We. estlsdvtf
The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1903-12-25

Wine OF Life cures all stomach trou-
ble.: Price 500. For sale BY Wells 4
Haymaisr, druggists.
The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1903-12-25

For summer complaints. use pure DIS
tilied Blackberry Brandy, for saIs a.
Family liquor Store. near postofncs.
The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1903-12-25
NOTICE.

An creditors Of J. w. Collins, viii
please present their claims, properly ver-
iaed, % me within thirty days from
MELVIN @. spERRY,
decl1-4t Trustee
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-11-22

her enthusiasm for automobiling, but
has been so little in the White House
of late, and so much occupied during
her short visits here, that she has had
little time for out-of-door amusements.
Speaking of craftsmanship, the pref
ty young Countess Marguerite Cas-
sina, who returned from Europe only
a few days ago, brought with her all
the way from Russia beautiful black
horse for her own driving. This fav-
ored child of fortune has also two or
three automobiles, in the smallest of
which she frequently goes about by
herself, as well as a variety OF car
riages, large and small, adapted to all
social requirements.
Senator Kean, of New Jersey, has
opened his Washington home for the
winter and began Immediately his GUS
tomary constant series of entertain
ments. Miss Kean, the eldest sister of
this bachelor Senator, will, as in the
past seasons, preside over his hospia-
BILE household. Mrs. Keane, the mother,
and two younger sisters have also ar
rived, but it is understood that they
will, as usual, spend most of the win
ter at their home in Elizabeth, N. j.,
coming to Washington for frequent
visits. Miss Keane has already pre-
empted New Years Eve for a dinner
dance at which the company will be
exclusively of young people, and will
include the five Misses Roosevelts,
cousins of Miss Alice Roosevelt, who
will be in Washington for that date
The dance is especially for the enter
tainment of Miss Keane's young rela-
tives, who come to the capital to par
ticipate in the New Years reception at
the White House.
Mrs. Root, wife of the Secretary of
War, spent last week here house hunt
ing, but has now returned to New
York, after selecting as her winter
home a commodious house on Lafey-
cite Square, within a stones throw
of the White House-that is, If wom-
an didn't throw the stone. The Roots
expect to be settled in the new house
by Dec. 1, and Miss Root will not ar
rive in Washington until that date.
Mrs. Shaw, wife of the Secretary of
the Treasury, has returned to the cap
ital from her ten-days' visit in Chi
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-11-22
THE BOGY MAN OF WALL STREET
Mr.. Rockefeller Is Said to Occupy That Position.
BY w. G. NICHOLAS.

until they are in an exceedingly snug
position. This, indeed, has been the
rule and not the exception. 1t is true
in a local sense that many banks and
trust companies are carrying consider
able dead material, but they are much
safer than they were three to six
months ago and infinitely stronger
than they were a year ago, when the
whole country was distended to the
bursting point.
The recent bond issues of the Lake
Shore and Pennsylvania railroads have
already been placed in a large meas
ure, very considerable percentage of
both having been taken abroad. Money
is thus provided to the amount Of APP
proximately $7O000,0 900, nearly all of
which will be applied to the taking up
of loans which are at present carried
by banks and insurance companies and
elsewhere, but mostly here, however.
BY the first of January the banks will
be relieved just that much. other
loans will follow as fast as the easing
money market will admit. The sue
cess which has attended the two loans
mentioned has done much to restore
confidence, not only among investors,
but among railroads. The atmosphere
has been decidedly cleared and corpor-
ations which were in some doubt as
to whether they could convert floating
debt into fixed obligations are consid-
erably relieved in consequence. 1t is
now estimated that before the first of
March, 1904, it win be possible for rail-
roads to hquidate practically the en-
tire current floating debt, or as much
of 1t as they may care to take up. AL
together railroads have outstanding in
unfunded notes approximately $780,, 00O,-
600. This indebtedness will mature
from time to time during the next three
years. That which might be called
pressing is probably an amount not in
excess of SITS, 100000, and from present
indications 1t will be taken care of
without the slightest disturbance to the
money market except to give 1t in
creased strength and stability. The
liquidation Of corporate floating debt
will liberate large sums and place the
money at the disposal of scattered
business interests. Wall street is new
er without it's Bogy Man. John d.
Rockefeller is filing that role now, He
is about the biggest bogy man the
The Savannah morning news. (Savannah, Ga.) 1900-current, 1903-11-22

New York, Nov 21.-There are sew
eral encouraging features to the stock
and money situation at this writing
One is the rapid extinguishment of
American debt abroad. Another is the
successful hotation of several new bond
issues made by leading railroads for the
purpose of taking up floating Indebted
ness, both foreign and domestic. And
still another is the certainty that the
return flow of money from the South
and West will begin in a week or two
and be under full Roadway within a
month. AS matters now look 1t is not
improbable that a decided change for
the better will be felt by the beginning
of the new year. 1t is not unreason-
able to expect something Of a Janu-
airy boom, although nothing like one
of whirlwind proportions or character
need be anticipated. notwithstanding
the cut in the dividends of a few in
dustrials the January disbursements to
stock and bondholders will be larger
this winter than ever before. The dis
bursement of something like $150OOO,-
900 in profits on railroad and Industrial
properties cannot fail to have slim
ulating effect. 1t will be an unan-
SCRABBLE offset to the gloomy talk which
has been for so long INDUCED in by
the dyspeptics and bears on the coun-
try and on business conditions.
Persons who fully understand the ms
and outs of the international exchange
market and who are well qualified to
form intelligent opinions in relation
thereto express the belief that at no
time within three years has the Ameri-
can debt to Great Britain and Europe
been smaller than now. 1t has been as
high as $500, 10000 1t has been pared
down to less than $150,000,000 and is in
rapid process of entire extinguishment.
one institution which had its paper
afioat in money centers of the old world
to the extent OF more than $75,000,000
has entirely cleared its slate and Is at
the present time heavy lender of
money, instead of a borrower. Con-
Germs Of lesser Importance have been
equally alert and have trimmed sails