davidaulloa/AmericanStories huggingface dataset:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07
FALLING OFF IN TRUST ORGANIzA-
TION.

The New York Journal Of Commerce
prints an extended article on Industrial
consultations, or trusts, and large new
corporations formed during the year 1902.
1t shows that in comparison with previ-
Gus years the industrial consultations or
trusts have decreased while the forming
of new companies increased The figures
of the Journal of Commerce show that the
total stocks and. bonds Of consultations
was 2sO5 10000 in 1891; SLIP 2O5. 200 in 1902
81. ses 900 in 1899, and s945 5000 in 1900
The figures of 1901 were still less, outside
of the United States Steel Corporation
The consultations during 1902 were less
than those of any previous year given
above. The organization of new corpora
tons to build new plants has increased. the
amount of capital Of such in 1900 being
sss 100000; in 1901. s173. 80. 900: in 1902,
s244. 10000. These are rivals of the trusts,
and include twenty-four iron and steel
companies with a capitalization ranging
from $500 900 to s25.OOo0OO.
The capitalization of corporations with
81, 100000 or more in Industrial fields outside
of those occupied by trusts was s94S. S75, 900
in 1900 $479 100000 in 1901. and 81 292 $50 in
1902 In other words. the capitalization of
the rivals of trusts was almost as great as
that of the consultations. If the new
corporations with a capital less than
81. 100000 were included, the capital in con-
| solicitations would be considerably less than
| that of independent and new corporations.
To read the opinions of those who are
| garding the spread of consultations OF
trusts. ii would be thought the trusts were
crushing out all other Industrial corpora
tions. The figures of the Journal of Com
merce do not warrant any such inference
In the first place. combinations or trusts
tons. but that field has been so extensively
worked that little more can be done in that
/ direction. In the second place. many com.
binations have practically failed. The
promoters paid such large prices for the
| different plants and so overcapitalized the
combinations that they cannot earn SUI
ficient money as profits TO pay interest and
| dividends. The stocks of most of then
cannot be sold for 50 per cent. of par value
Even the shares of the United States Stee
| Corporation will not sell at par. Will,
earning dividends 1t may be added tina
nounced do not materialize. Doubles,
some of the new corporations have beer
formed to drive sharp BARGAINS with tn,
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

While the Republican members OF the
lower house of the Illinois Legislature APP
pear TO be divided into so bitter factions
that they may not agree upon a candidate
for speaker. the Utmost harmony prevails
In the corresponding body in this State.
This is due chiefly to the fact that neither
United States senator. representative in
Congress or state officer interferes in In
diana The average Legislature in Indiana.
Republican or Democratic, would resent
she interference of outside parties in its
organization
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

The popular idea that England leads in
the worlds shipping is not sustained by
statistics. The Record of American and
Foreign Shipping of 1903 shows that. includ-
Ing vessels of all kinds. the United States
leads. with Great Britain a good second
and other nations struggling along in the
rear. Great Britain exceeds the United
States in craft that cross the ocean. but
coastwise trade counts also. The Record
shows that in the number of shipyards this
country Is far ahead OF any other Per-
haps we do not need ship subsidy as bad
|ly as some people seem to think.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

Senior Sagasta, ex-premier of Spain, who
has just died at the age of seventy-five,
was one of the foremost statesmen of Eu-
rope and one of the most liberal and pro-
gressive in his views. No other Spanish
statesman ever held the responsible posi-
ton of prime minister during so many
years or under as tying conditions as he
did. His successor, Senior Silvela who held
Office once before following Sagasta. is a
lawyer by profession. and is regarded as a
man OF great ability and uncommon gifts.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

WASHINGTON, Jan. 6.-Secretary Hay
has received the British and German an
swers TO President Castro's last proposal
relative to arbitration. The notes in sub
stance state that IL Venezuela wishes a
conference with a view to submitting the
differences between the two countries TO ar
bitration Great Britain and Germany will
accede. The conditions attached vary
slightly from the original proposition. but
in the judgment of officials here the differ
ences between the allies and Venezuela in
respect 10 arbitration are much diminished
and there is warrant for the expectation
that the will now surely go to The
Hague. The next step will be reply from
President Castro.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

The recommendation of State Superin-
tendent Jones that some provision be made
by law TO consolidate the small schools
scattered over the State into large schools,
which can be better graded and have the
advantage OF better teachers, Is sound. IT
Is much cheaper to provide transportation
than TO operate schools having a dozen or
twenty pupils. and much better for the
scholars. Iowa and other States have al
ready adopted a system OF consolidation
which includes the taking of the pupils 10
and from schools which are distant
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07
LAWS FOR TRUSTS.
CONCLUDED FROM FIRST PAGE

bearing upon the organiza ton and prac-
tees of concerns engaged in interstate and
foreign commerce essential to full I'M
derstanding and to compel observation of
the law.
II recommend a commission to aid in
carving out the act of July 2 1890. which
shall make an investigation into the oper-
atoms of corporations and combinations
with authority TO make such inquiries and
have power TO require reports from them
and their officers. No person should be ex-
cused from producing books contracts
etc, in courts.
Continuing. Mr. Knox says: Legislation
to correct trust abuses should be devel-
oped with great care for ii is not nearly
so important re act quickly to act wise
ly." He recommends legislation TO hurry
final decision in cases now pending and
which may be raised under the antitrust
law
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

WASHINGTON, Jan. Representative
Jenkins. chairman of the House judiciary
committee. introduced a bill to-day provid-
ing for the appointment by the President
OF two additional officers in the Department
of Justice, to be called assistant to the
attorney general, at salary OF $1,000 a
year. the other TO be called assistant at
torney general, at 5000 a year. 1t is pro-
vided that the attorney general may dele
gate TO the former the exercise of such of
his functions and authority he may see
MT. and in the absence of the attorney gen.
eral and solicitor general he is given power
to exercise all the duties of the attorney
general Provision also IL made for the APP
pointment by the attorney general of two
additional confidential clerks without refer
ence to civii-service laws. While the bill
does not specify that these additional off,
GERS are provided TO aid the attorney gem
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

= ought 20 be possible for some commits
sion or committee to ascertain the respon-
sibility for the holding back of coal I'm por-
tons OF the country which are not largely
affected BY anthracite shortage. The mine
operators should be In a position TO turn
out more coal than ever before. and the
railroads should be In a position to haul IT.
Considerably more coal is needed this sea-
gon than last This Is true OF the gas belt.
Kbere people tried to get along with gas
untll the present season. Stir. IL coal Is
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

BALTIMORE. Jan. 6.-Three of the big
gest coal companies in the United States
to-day formed an alliance. which, for all
practical purposes, will be combination.
The companies involved are the Consolida-
ton Coal Company. of Maryland. the Fair
mont Coal Company of West Virginia. and
the Somerset Coal Company, OF Pennsyl-
vania. The combined capital stock OF the
companies is $3l, $4,000. as follows: Con-
soidation, s102500o0; Somerset. 5000. 900;
Fairmont and its subsidiary companies,
ST.. 500 600. The combined output OF the
three companies is s.500.Ooo tons a year. as
follows: Consolidation, 100000; Somerset,
L 800 600. Eairmont 5OlO.O00.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

WASHINGTON, Jan. 6.-The President
to-day made the following nominations:
Raymond r. Frazier, Wisconsin, consul to
Copenhagen. Promotion. artillery corps:
Lieut.. Col. William p. Vose TO be colonel.
Judge advocate generals department: Capt.
Louis d. Lawton, Twenty-sixth Infantry,
to be judge advocate with rank of major.
To be a second lieutenant of infantry: Lewis
B. Mosely, at large. Also several minor
promotions in the army.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07
Retailers Trust warned.

CLEVELAND. o.. Jan 6.-Ofhcial notice
in writing was sent to each member OF the
local coal dealers association to-day by
County Prosecutor Keller stating that
charges had been filed TO the effect that the
association is operating in violation of the
Valentine antitrust law and that the MAIN
tenance of price agreement among the
dealers must at once be abolished The
Valentine law provides that parties 10 a
trust must be thus notified prior to their
prosecution when charged with iss viola-
ton The grand jury Is expected 10 take
us the coal trust cases tomorrow.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

CARACAS. JAM 6.-President Castro is
elated to-day over the capture by his troops
Of all the ammunition destined for the
Matos revolutinoists which, IL is alleged I'm
certain quarters here. the allied powers
permitted to reach the Venezuelan coast at
coro. 1t has been learned here that the
allies have declared that the blockade OF
Coro will begin Tomorrow. Jan. Z.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

1t Is stated on seemingly good authority
that the Hoar antitrust bill does not repre-
sent the views of the President nor of At
torney General Knox. II is said they re-
gard Ii as too sweeping and likely to have
a paralyzing effect on business. 1t is be-
heved the Hoar bill will have to be ma
terially amended before it will receive the
support OF Senator'S Platt, Spooner and
other administration senator's
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

being held back by any combination with
view of securing exorbitant prices. regu-
larry constituted commission appointed by
proper authority should be able to ascer-
tain the facts. If the shortage is as nota-
BILE in Indiana as elsewhere joint commit
tee of the Legislature could investigate and
ascertain the causes
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

Signor Marconi predicts a commercial
revolution through wireless telegraphy
Two hundred words minute at cent a
word and the general use of wireless teleg-
raphy instead of the mails for large pro-
portion of the personal correspondence that
now passes between America and Europe
are developments that he sees in the near
future. Yet the laying Of the Pacific SUBJ
marine cable goes right ON.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07
Happy Day.
Philadelphia Pre-.

Philadelphia Press.
what you writing?" asked the freshman
Just dropping line to my governor. wishing
him many happy returns OF the day." replied
the sophomore
''Why, is this his birthday
mo; pay day. He sent me check this morn
ing"
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

New York Sun

New York Sun.
Scott was reading the rough draft of IVAN
hoe TO his friends.
YES" they assented. 1.-THE writing may be
fine, but before writing 1t did you work in
factory. tramp a hobo shovel coal?"
Crushed by his negligence in procuring mate
rial the unhappy author hid himself behind the
nom de plume of Waverley.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

trusts. but IL is fair to assume that the
large profits which are now possible have
led capitalists to invest in competitive con-
Germs. But the point which the Journal OF
Commerce would emphasize is that COM.
binations really effected are growing fewer
while the organization of new corporations
is increasing
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07
Inherited.
The Schoolmaster.

The Schoolmaster
''And now" said Professor Longhunger, as he
greeted Mr.. Henry Peck, what shall We make
of your litse boy-a lecturer? He has a sincere
taste for it,
II know he has," replied the male parent; che
inherits ii from his mother"
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07
Cholera Statistics.

WASHINGTON, Jan. 6.-What is prob
ably the most interesting and exhaustive
treatise on the Philippine islands ever COM
piled was issued at the War Department
to-day in the form of appendices to the
report OF the Philippine commission Tor
the last fiscal year Cholera statistics are
given prominence. From the time of Its
first appearance in Malolos, Bulacan prov
ince, TO Sept. 1, 1902. the total number OF
recorded cases was 81, $50, of which 31,4l3
resulted fatally, the mortality being Il
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07
Land Office Employees Dismissed.

WASHINGTON, Jan. g. - Secretary
Hitchcock has directed the dismissal of
Prof. Harry King, chief of the draughts-
mems division of the General Land Office,
and Frederick p Metzger, assistant chief.
Both were accused of neglect of duty in
devoting a part of the working hours to
private affairs and of conduct detrimental
to government interests.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

Philadelphia Inquirer.
After all. 1t is not wise to poke fun at the
weather bureau because IL sometimes makes
mistakes. 1t is claimed that there were
81 100000 saved by the warnings sent out Of
the recent cold wave. Perishable fruits and
vegetables were not shipped as expected,
and In Florida oranges We're saved by
timely precautions. This Is fair offset
against lot OF humor that Is ground out
during the year with the weather men TAX
ing the brunt OF Ii.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

Newark News
Margaret" he began, II have $3.50 In the
bank. 1 half interest in a patent churn
company that clears s1.7OO a year. My salary is
$40 a week, with prospects Of raise to SO next
April. I have aunt who will leave twen-
ty-seven shares Of railway stock quoted
at So. Tell me. Margaret. will you be miner"
Wait" she replied. It'll get pencil
For she had never been good at mental ariIh-
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

The statistics OF crime for 1902 show that
BIS homicides were committed in the United
States by burglars. thieves and hold-up
men. AS those who commit such crimes go
prepared to take human life, why should
not the burglarizing of a residence be made
a capital offense?
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

There are few Democrats who, for the
most part. have been voting against Mr..
Bryan, who believe that Mr.. Cleveland
would be a strong candidate for the De-
mocracy in 1904. but the greater part of the
party is certain that Mr.. Cleveland could
not carry a Northern State nor even Mis-
souri,. Still, Mr.. Cleveland is good deal of
Democrat in his
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07
THE HUMORISTS.
Looking Backward.

Chicago Record-Herald.
PA. did you ever have any halcyon days?
.Oh, yes; lots OF Them" Mr. Henpeck replied
looking cautiously around. 81 didn't get mar
ried until 1 was nearly thirty years DID,"
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07
As the StOrk Sees 1t.

Brooklyn Life.
First Stork-I just left baby at that million
aires house.
Second Stork-Funny things these human be-
ngs. I've just delivered three to one woman in
tenement. and her husbands out of work and
they haven't a cent.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

The New York Times permits a corre-
spondent to use half column of its val
liable space in urging the nomination OF
Speaker Henderson for Vice President by
the Republicans. The writer seems to have
lost sight OF the fact that General Hender-
SON, having been born abroad, is not eligi-
~.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07
You Pronounce Ii "skee."

You Pronounce 1t "Skee.o
A ski runner running on skis
Was suddenly tempted to snis.
His head gave a jerk,
Interrupting his work,
And the tumble disjointed his knis.
Minnesota Time
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

eral In the enforcement of antitrust laws.
that is understood to. be its purpose.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07
r.. fIawley Co.. Arcade

LOUISvILLE-C. n. Deering, northwest corner
OF Third and Jefferson streets: Louisville Book
Co.. 264 Fourth avenue. and Bluefeld Bros, AZ
West Market street.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07
TERMS OF SUBSCRIPTION.

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Ind, postofice-
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07
THE INDIANAPOLIS JOURNAL

Can Is found at the following places:
NEW YoRK-Astor House.
CHICAGO-PaImer House. p o. News CO., III
Dearborn street; Auditorium Annex Hotel,
Dearborn Station News Stand.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07
ST. Louis-Union News company. Union Der

ID. C.-Riggs House. Ebbett
House. Fairfax Hotel Willard Hotel.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

DAYTON. OIL. v. wilkie. 80 South Jefferson
street
COLUMBUS. o.-vIaduct News stand. ss4 High
street.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-07

DENVER. coi.--Iouthain & Jackson. Fifteenth
and Lawrence streets.
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1903-06-10
RIVER IMPROVEMENTS.

Offices and Houses Being Erected at
Locks :, 5 and on the Monong amelia
River.
After the closing OF lock number
8 a few weeks for repairs, the river is
again open all the way to Pittsburg
for steamers, and neither Of the locks
Is likely to be closed again soon.
Repairs are still being carried on
however at the three locks, numbers
! and 8, under the supervision Of
Mr.. T. N. Lucas. These repairs do
not necessitate closing the locks.
AT number 8. au office is being
built, an addition to the h0ue OF the
lock keeper made. aud some repairs 10
the cribs being made.
An office and addition to the dwell
ing at lock numDer s are under con-
structiou.
The keeper at number is being
provided With new home and inn
portant repairs are being made to the
lock walls.
The government will have these
three locks in goad repair by the time
slack water navigation is completed
to Fairmont.
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1903-06-10
About the Big Dance.

A meeting Of the officers Of the
Cadet Corps was held yesterday even
ing, aud some arrangements perfected
for Commencement Ball, June 18th.
Mrs. L. j. Peabody will serve the re-
freshments. She will have fun charge
AMI this is a guarantee that this fea-
ture will be well-looked after. It has
been fully decided to employ Vincent's
Orchestra, of Grafton. The program
will consist of % dances, and as many
extras as the dancers like. The of
ficers say the d1nce Will be kept up
until morning, unless everybody wants
to quit.
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1903-06-10
Geo. c. Hayes & Co.
Leading jewelers..
r. A. HAYES. Optician.

THEY say our ice cream is simply
fine. All fiayors and TONES made to
order. Gloss Fancy Bakery and Can
dy Kitchen.
IFyou want to get a prescription fill
ed ask your physician IL he don't want
you to go to Ream's New Drug Store.
THE best line Of laces and embroi-
deries in town can be found at
Posten's.
JEWEL IL WALLACE, Iailors, max e
speciality OF cleaning and pressing
clothes. Donlev Building, Peasants
street
If YOU want cake made for any
occasion call on Fred Erd 1927 High
street. Best quality only kept.
lF you 60 TO Werner, Fortney &
Cos you can buy Bates seersucker
ginghams for 10 g Sea Island per-
Gale 10 q and 40 inch batiste in
fine sheer quality for Is e ,Mennon' 5
borated talcum powder Is e per
box and may other articles under
value.
LIGHTS LIGHTS, Lights. Incandes-
cent gas lights. The cheapest and
best ever sold for the money in
Morgantown. 80 and so cents each
at the Stewart Plumbing Co,
w. r. P. STEWART, Mgr.
Chancery Row.
You can get carnations and cut
flowers of all kinds by sending your
order to Dudley's in care of F. G
BANDS Drug store, Clarksburg, W
Va
FRESH mink and cream at the Deli
catessen. Wholesale and retail. Both
Phones.
Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1903-06-10

KoDAKs are now being brought out
and put into use again. Those who
have kodaks will be glad to know that
ali kinds Of kodak supplies may be
had at the Acme
u. G. WELLS mas added lot OF lae
Gxtures TO his barber shop and en-
pl0ys four BARRIERS. He gives the lest
attention to all customers and invites
your patronage. Shop under City
Hospital Main street
You can get carnations and cut
flowers of all kinds by sending your
order to Du6ley's in care OF T q,
BANDS Drug store. Glarkshurg, w
Va.
SATISFACTORY launury work done
at 1871 Walnut street Lee Fink pro
prietor.