davidaulloa/AmericanStories huggingface dataset:
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-01-10

I the American Steel and Wire Com
pany, the National Tube Company, the
National Steel Company, the American
! Tin Plate Company, the American Steel
! Hoop Company and the. American Sheet
/ Steel Company. Each of these constitu-
ent companies was greatly over-capl-
Italized. The merging company issued
its stocks and bonds in lieu of the old
securities, resulting in a further larger
increase of capital. The United States
Steel Corporation emerged with a total
capitalization of $1.204,090,000, divided
as follows: Bonds, 5 per cent. s3o4o9U
GOO: preferred stock, per cent. $780,
100000; common stock, $450 ,ugO
Since this organization the company
/ has arranged to issue $50,00O.O00 in ad-
ditional bonds, and nore stock to ac-
lquire competing properties. The act
ual value of the property on which this
capitalization is based has been esti-
mated to be not more than s25O.0OO,000.
With this enormously inflated CAPT
tai, and with such a tremendous bonded
debt. and with the preferred stock get
ting per cent before the common stock
could get dividends, it was predicted
that the steel trust. If it survived at all.
could never pay dividends on its COM
mon stock. 1t is interesting to view
these predictions in The light of results.
Last year the company had net earn
ings of s132,000.000. To pay 5 per cent
interest on s30i, 100000 took s15,200,0 900;
to pay per cent on the preferred stock
fof $450.000,000 absorbed $31,500,000; for
depreciation, etc. $24,000.000 is set
aside. This leaves s61,300.0O0 to the
credit of the common stockholders, or at
the rate of approximately Is per cent
per annum. The company, however,
only paid 4 per cent on common stock,
holding the remainder as surplus. as
sinking funds to retire bonds, and in re-
serve funds to provide for depreciation
land improvements. The statement of
the company indicates that during 1902
its earning power was sufficient to pay
per cent dividends on total capitali-
zation of $2,5OO,00O
Yet it is fact that the preferred
stock of this company. which draws
per cent interest, is quoted at SO cents
on the dollar, and the common stock,
which is earning at the rate of Is per
cent on its par value. is quoted at IS
cents on the dollar. Great indeed, is
the prejudice of the financial world
against trusts.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-01-10
CITY POOR SUFFERING FOR FUEL.

The suffering among the poor of
Chicago on account of the lack of fuel
has reached such crisis that Mayor
Harrison has found it necessary to is
sue proclamation making an appeal
to the people to aid in relieving the
distress. He declares that conditions
now prevailing as result Of the scar
city and high price of coal make it
imperative that relief be given quick
ly. The well-to-do people are being
aroused and liberal contributions are
being made of coal and money to re-
lieve immediate necessities. One coal
dealer Henry E. Weaver, has contrib
uted 1000 tons of coal. as gift, placing
this fuel in the hands Of the charitable
organization. Others have made liberal
donations Of coal and money, thus indi-
eating the humane spirit of the citi-
zens. The offer of Swift & Co., to sell
coal at cost to the poor is commenda-
BILE, but does not involve sacrifie.
fAA OISttiIlLSu anu -
fort will be made to relieve the suffer-
ing which officials say actually exists.
AS a large city, Chicago is a typical
place where more or less suffering of
this kind is bound to exist, and to a
greater extent than in smaller cities
and towns, for there is less community
Of interests among the people, more
isolation and less sympathetic ming
/ ling OF citizens. The poor in one block
might freeze without the knowledge Of
their more fortunate neighbors; where
as. in a smaller town, the condition of
each citizen would be known to nearly
all others before a crisis could be
reached.
With soft coal at $3.50, and anthra-
cite at s11 per ton in Chicago, with
dealers behind In their orders, and with
an alleged combine among large oper-
ators to keep UP the price Of coal. the
outlook is not inviting in this zero peri
cd Of the year.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-01-10
A KEEN CONTEST.

The public is scarcely in position tc
fight in the senate on the statehood bill
1t is a battle royal between two force
full republican leaders, Quay on the one
side for the omnibus DILL admitting Ok
lahoma, New Mexico and Arizona, and
Beveridge on the other favoring single
statehood for Oklahoma combined with
the Indian Territory. The rules of the
senate will permit a 1ong-drawn- out
contest Quay is resourceful, adroit and
a master of all tactics. good and ques-
tionable, tho not an orator. and is sup
ported by a contingent Of republicans
and all the democrats. Beveridge is a
younger man, and less experienced In
such work, but is able, good speaker
and man who commands respect for
lofty ideals. Quay secured a ruling from
Frye, when the session first opened,
that this omnibus bill had the risht-of-
way as unfinished business and he will
use all the time he may consider neces-
sary to the exclusion Of other business.
He is supported by precedent, the ex-
pressions of republican conventions and
the passage of the measure by the
house, tho the claim is made that the
lower body adopted the Omnibus with
the expectation that the senate would
bury 1t. The opponents of statehood for
Arizona and New Mexico are also forth
fed by strong arguments in the show
ing that these territories are not yet
|entitled to such large representation in
the senate. There has been talk of COM
promise on the basis of two states, one
to be composed Of Oklahoma and In
dian Territory and the other Of New
Mexico and Arizona, but this is not
acceptable to the Quay forces and
would not be to the people, who would
prefer to see these two latter terri
tories wait. Meanwhile, as the battle
runs on, there is a prospect that other
desirable legislation may be side
tracked.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-01-10
THE GOOD OLD TIMES.

Many a reader who is jogging along
in years will appreciate the reminiscent
ces Of JT.Trowbridge. as entertainingly
told in January Atlantic. This popular
novelist was born in western New York
in 1927, his parents having entered the
forest and made clearing. In the
course of his article he says
$50 my parents set up their simple
housekeeping, and passed, I have no
doubt, their happiest days,-days as
happy. very likely, as any their chill
dren or numerous grandchildren or
eat-grandchildren have enjoyed, in
the stress Of more complex civiliza-
sounded in the forest. He made a
clearing, and planted corn and beans
and potatoes among the stumps. Their
first child was born in that hut. The
clearing grew, and before long larger.
we'll built house replaced the primitive
cabin. This more substantial house
had one large room on the ground floor,
about twenty feet square, low-roofed
chamber, to which access was had by a
ladder, and in the course of time a
'linter" Qean-to) addition. The lin
ter" was framed, but the main part was
built of logs. These were fewed on the
inside, and the cracks between them
filled with a plaster made of clay. The
filling was liable to crack, and 1t was
necessary to patch the broken places
every fall. This was called "chinking
up the house." and it made happy
time for the older children q had not
yet appeared on the scene), there being
always some of the moist clay left over
which they could use in making cups
and saucers for their play houses, and
other ornaments. The floor was Of
dressed chestnut planks, the beautiful
grain of which was kept scrupulously
clean and smoothly polished. At one
end of the room was huge fireplace,
with great iron andirons, and iron
shovel and tongs in the corners. In the
'1inter" were the spare bed with its
white counterpart, a tall brass ham
died bureau, and our fathers large oak
en- chest, with its complicated tius, al
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-01-10
ways a marvel to the younger children,
who would run and peep wonderingly
whenever he went to open it,"
FAyoRlHG COMPULSORY ARBITRATION.

Governor Stone of Pennsylvania says
the anthracite coal strike cost his state
81, 100000. The cost of it to the people
of the nation, already incurred and still
accruing in deprivation and increased
cost of fuel, will run into enormous fig
ures. 1t may be regarded as the crime
of the century SO far. In view of the
local cost to Pennsylvania, it is of inn
recommends in his message to the
legislature. He urges the passage of a
law to prevent further labor disturb
ances, and says in his message:
I'm my Judgment compulsory arbi
tration law could and should be passed
for the settlement of difficulties be-
tween employer and employee. Such a
law is entirely constitutional and FEAST
BILE from police standpoint, looking
upon strikes as injurious to the public,
harmful to society and destructive to
life and property. They are generally
SSllleu dllSI lldiIIl DeeH doHS.
Why should they not be settled before
the harm is done and before large losses
occur to life and property? We should
recognize strikes as existing evils and
as dangerous to the public, good, and,
while mindful of the rights of both em-
ployer and employee, adjust them from
higher standpoint, namely: For the
gor 1 of society. the preservation of the
public peace and of life and property.
When large strike is settled we de-
lude ourselves with the thought that
no more will occur. We should conte1n-
plate them as likely to occur again with
the same results as in the past. With
out criticising employers or employees,
without blaming either, we should so
legislate as to prevent the recurrence
of these disturbances
It seems certain that some progress
i've measure to preserve the peace will
be adopted, not only in Pennsylvania
but in other states. The people are
aroused and legislatures must act or
incur public displeasure; and they
must so act as to guard all interests.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-01-10

be no issue if all hands would only
agree to accept what is done by the
party, in good faith
THE man who waits for the new year
to commence better life never does
much at it," observes the Cedar Rapids
Gazette.
The Dubuque Times has an answer
for the question Why are teachers I'M
derpaid. 1t says "if it is because many
districts are too small the solution
of the problem of consolidation and
transportation will involve fair adjust
ment of the wage question:
Discussing trust legislation the Bur
lington Hawkeye AYERS There are
mighty forces back of the reform
movement, championed by Messrs.
Hoar and Knox. and there is little
doubt that substantial good will result"
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-01-10
PROFITS OF STEEL TRUST.

IRegISleT ana itdueT.J
The United States Steel Corporation.
Familiarity known as the steel trust, has
issued its statement of business for the
year 1902. This statement shows that
the net earnings Of the company for the
year were the enormous sum Of $780,
100000.
The United States Steel Corporation
was organized on Feb. 25. 1901, being a
consolidation OF eight prior consolida-
lions In the steel business. The cor
porations merged were the Carnegie
Company, the Federal Steel Company,
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-01-10


tive session this year, the New Sharon
Star suggests that "This grand state
always has something to be thankful
for"
The Ames Times declares that Nate
Kendall should be made speaker Of the
house.
OF the candidacy of j. T. Gray for
state superintendent the Grundy Re-
publican says: "Mr. Gray is man OF
ability. He brought himself into prom
inence last year by the able way in
which he managed the work of his
committee In securing fixed salary fol
the office of county superintendent
to her candidates, and we see no reason
why Mr. Gray will not have the entire
support of the delegation from Grundy
in the coming convention"
Coal costs IL cents a bushel in Oska-
loosa, the heart of the great Iowa coal
field, and in other Iowa towns less fav-
orably situated it costs as high as Is
cents per bushel. ''This," says the Os-
kaloosa Times-Journal, ais not due to
snow or blockades. extremely cold
weather, scarcity of cars, or any I'M
usual demand. The railroad compa-
MES have got control Of the coal fields
and have it in their power to control
the prices"
Replying to the Cedar Rapids Repub-
lican's question, why have an issue in
Iowa republicanism at all?" the Des
Moines Register and Leader declares
"There is no reason; and there would
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-01-10
The Secret Of lona Life

Consists in keeping all the main or
gans of the body in healthy. regular &C.
ton, and in quickly destroying deadly
disease germs. Electric Bitters regu-
late stomach, liver and kidneys, purify
the blood and give a splendid appetite.
They work wonders in curing kidney
troubles, female complaints. nervous
diseases, constipation, dyspepsia, and
malaria. Vigorous health and strength
always follow their use.j Only so cents,
guaranteed by Geo. Powers, druggist.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-01-10
Eurng sturda aurp IL. 1909

year than was last December. think
l have grown at least three inches since
/ was % years old"
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-01-10

If you have bad taste in your
mouth, feel bad, nervous, fretful. pain
after eating, nausea, Rocky Mountain
Tea will cure you in thirty days. No
cure no pay; IS cents. Mcbride & Will
Drug Company
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-01-10
DevvA rs
Witch Hazel
SA v
No. 70 West Main Street.

AvNolI known cure for Piles
This salve cannot be equalled wherever
nsoothingand healing antiseptic appli-
cation is needed. Itquickly cures sores,
cuts, burns and scalds without leaving
4 scar. For piles, eczema and all skin
diseases it Is considered infallible.
Beware Of CounteE.foits
Unscrupulous persons may offer you
worthless limitations. Take only the or.
1ginai DEWITT's WITCH HAZEL SALvE
Prepared by e. c. DEWITT a CO.. chieoso.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-01-10

The Ames Times declares that Nate
Kendall should be made speaker of the
house.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1903-01-10
IOWA OPINIONS AND NOTES.

In noticing that Iowa has no legisla-
tive session this year, the New Sharon
Star suggests that "This grand state
always has something to be thankful
forn
The Newtown bee., 1903-08-07

Vacation outings, what do they mean?
Recreation awhile, the hard work be-
tween.
A season of respite is needed by all,
From the every day program of busi-
ness and toll.
children rejoice
And with freedom elate to their pleas
ure give voice.
1t is where shall we 90? or what will
we do
To best spend the time, while we
pleasure pursue?
In the woods camping out from city s
confusion,
Or riding on wheels, and risk the con-
tusionS;
By tho shore of the sound, with fine
tempting beach,
And boating of all kinds within easy
reach?
The people from city to country will
HE,
And from country to city, or watering
place nigh.
We find different people have differ
ent tastes,
And for all may be found a suitable
place.
Attractions are varied, the country
around,
At the beach, in the mountains, or
country are found.
OF all avocations it seemeth to me
The tiller of soil most happy must be.
Where nature, e,untrammeled, in beauty
[yx. presides,
And her son, the staunch farmer, in
comfort resides.
He watches the sun in the morn at its
rise,
And judges the weather as he studies
the skies.
| To late hours of dissipa tion no servant
is he,
His sleep is refreshing, many days doth
he see.
Though his work may be hard, his owr
| landlord is he;
OF barn, granary and cellar, he hold
eth the key.
His voice with the birds he may tune
! fully raise.
| Uplifted his heart, to his Maker gives
praise.
He, too, with the rest, not exempt from
his cares,
With all of bis labor, in the wheat will
| come tareS.
In the soil of the heart will spring
weeds of sin;
We must guard we'll the pruning an
not let them.
"Wherever for mortals, their lot ma
be cast"
All unto one Father may be welcomed
at last.
Work on, fellow toi1ers, with hope
exaltat:o on;
The goal is before us, Heavens prom
ised vacation.
Great Plains District, Danbury.
The Newtown bee., 1903-08-07
TOWN TOPICS
THE NEW BUILDING
OF THE BEE PUBLISHING co.

Work on the new building OF the
Bee Publishing co. is being steadily
pushed forward. The masons have put
on the first coat in the main room and
the carpenters are now hustling things
to completion. Business Manager A.
J. Smith expects to begin the task of
moving on August 21. Men from the
Babcock printing press establishment
from New London will arrive on that
day and commence the task of taking
down and removing to the big build
ing the press, which has run without
a skip since it was first set up three
years ago. The task of moving the
composing room furniture will be COM
pleted on August 2l and %, and it is
expected to issue the paper from the
new building on August %. 1t is
planned to have little informal re-
ception to the public on Thursday
evening, August 27, with some brief,
speeches by local citizens.
The Newtown bee., 1903-08-07

of the choicest strain, and large de-
partment for thoroughbred poultry.
Considering the number of mature
Collies, their individual high quality,
and that they are bred from the best
dogs that money could buy either side
of the water and that not one in the list
has Collie blood other than the world s
best, will give this sale great promi-
nence and reflects credit upon Mr.
Osborne, who has obtained for the
Filston Farm this fine collection of
COllieS.
The Newtown bee., 1903-08-07
AMONG THE COLLIES.
TFROM FIELD AND FANCY.

FROM FIELD AND FANCY.
Probably the largest single Collie
deal of the year has been brought about
by G. E. Osborne, proprietor of Lothian
Kennels, Stepney, Conn. He has been
well-known breeder for the past
20 years among Collie men. Mr.
Osborne has secured 21 grown Collies
from Frank Geraghty, Of Newburgh,
N. Y, who has enjoyed for number
of years most enviable record at the
New York shows, winning silver cups,
medals, many blue ribbons and other
prizes with dogs of his own breeding,
the stock coming direct from the noted
kennel of ]. P. Morgan. Among the
dogs bought are Lord Tweedmouth,
individually great as sire of many
big winners; Geraghty's Galopin,
Hero, Gem, Cleopatra, Stella, Ethel,
Geraghty's Ornament, Grace G.(the
dam of the noted winner, Dorothy c.,
who "cleaned out the full deck" at
New Y ork, 19OO), Lady Galopin, Lady
Tweedmouth, Ormskirk Galopin Maid,
Florodora, May Queen and Lady
Stewart. These dogs and bitches are
strong in the blood of the great Orms-
kirk Emerald, Ormskirk GalOpin,
Ornament, Seton Hero, Barwell Mys-
terry, the very best of the Gragston
Collies. The dogs were bought for the
Filston Farm, Glencoe, Md, who now
have the best show and breeding ken
nels in the South, and as their ideal
is high-they seeking only the best
this kennel will be heard from at the
future shows. Besides these dogs, the
Filston Farms own about 1,5O0 acres
in the best part of Maryland's farming
country and have over 400 registered,
solid colored Jersey cattle, many OF
hem gilt edged; also Berkshire swine
The Newtown bee., 1903-08-07

Miss Ida M. Adams, press superin-
tendent Connecticut Christian En-
deavor Union, is spending month in
Colorado Springs since the close Of the
Christian Endeavor convention at
Denver, COL, and is now stopping with
Mr. and Mrs D. G. Jencks. Mrs Jencks
is sister of the editor, business man
ager and general agent of The NEW
TOWN BEE, and was formerly from
Connecticut.
The Newtown bee., 1903-08-07

Mrs Helen Waters Of Shelton, who
on July paid visit to DR. J. w. Mel
bourne's sanatorium in Derby lit being
just year since he successfully re-
moved cancer from her hand), met
with a painful accident while going
home. A skyrocket hit her in the eye
and it is feared she may lose her sight.
Mrs Waters is now at the Bridgeport
hospital, where she is doing as well as
cOu1d he expected
The Newtown bee., 1903-08-07
HATTERTOWN.
NEWS IN BRIEF.

NEWS IN BRIEF.
Mr. and Mrs E. B. Booth are passing
a few days in Brooklyn, N. Y.
Mr. and Mrs H. A. Pratt and son.
Arthur, of Bridgeport, have been
guests Of Charles Thorpe.
Mrs Jane Summers is sick.
Miss Pauline Taylor and Miss Jo-
sephine Briscoe of Danbury were at
their home in this place over Sunday.
MerWin Morgan Of New York is with
his brother, o. E. Morgan, and family.
Mrs G. D. Stillson has been the guest
of c. B. Taylor and family at Fairfield
Beach.
H. B. Sherman of Monroe and the
Misses Ethel Warner Of Brooklyn and
Bernice Hull of Ansonia have been re-
cent guests at G. D. Stillson'S.
The Newtown bee., 1903-08-07

August 20 has been settled upon as
the date for the Sunday school picnic
of the Congregational church, and the
place, Putnam Park. Committees on
making the gathering a pleasant and
ENJOYABLE one have been appointed.
The Newtown bee., 1903-08-07
THOSE RECREATION TOURS.

Have you heard of them? Block
Island every Saturday, three-day trips.
To Saratoga and Ausable Chasm every
Monday, four or six day trips. One
grand tour to Montreal, Quebec, the
Saguenay River, White Mountains,
August 8, II days trip with very best
accommodations, besides the two ban
ner trips to Niagara Falls or Thousand
Islands, August .1S, and the "Royal
Tour" on August Is, to Niagara Falls,
Thousand Islands, Rapids of the st
Lawrence, Ausable Chasm and Sara
toga, IL days. trip with best hotels.
This is certainly an excellent list from
which to choose a vacation trip. For
rates, tickets and copies of ''The New
England Tourist" describing all tours,
call on Lawrence Taylor, ticket agent
New York, New Haven and Hartford
railroad.
The Newtown bee., 1903-08-07

Unclaimed letters remained in the
Newtown postof1ce August l, 1908, ad-
dressed to: Miss Phoebe Arnold, Mrs
A. Coughlin, A son Howneui, Mr. L.
Mairede, Rev DR. Jones, Miss A. E.
Pagels 2, Mrs Gordon Steaveson.-[G.
F. Duncombe, Postmaster.
The Newtown bee., 1903-08-07

the public to their stock of diamond
and other gem jewelry. Theirs is one
of the largest stocks in Connecticut,
composed largely of original designs.
Their prices are low. They also offer
for souvenirs, etc, some exclusive
things in brass. ''The New England
Girl" an etching in brass, also about
20 subjects of toasts.
The Newtown bee., 1903-08-07

Joseph Newton of Brooklyn, who for
eight summers or more has been a
member of the summer colony at the
Inn, is passing the summer with his
family at ASbury Park, N. J.
The Newtown bee., 1903-08-07

E. M. Johnston, popular member Of
the summer colony at the Inn, had his
pocket picked of S65, the other day,
while in a crowd on Brooklyn Bridge
car. Mr. Johnston says he has Travelled
all over the world, but this was the
first time he had met with this expert
ence
The Newtown bee., 1903-08-07

Mr. and Mrs A. L. Reynolds and Mr.
and Mrs James L. Reynolds Of Mt
Vernon, N. Y, were guests of w. M.
Reynolds, Sunday, making the journey
in their automobile. They started on
the return trip about p. M, reaching
Mt Vernon about O'Clock.
The Newtown bee., 1903-08-07
BadCouqhs

Neglected colds always
lead to something serious.
They run into chronic bror-
chitis, pneumonia. asthma
or consumption. Don't wai..
Take Ayers Cherry Pee
toral and stop your cough.
The Newtown bee., 1903-08-07

Miss Hazel Hazen Smith passed Fri
day and Saturday in Washington, the
guest of Misses Candace, Mary and
Polly Seeley, daughters of Hon S. F
SeeleV
The Newtown bee., 1903-08-07
ST JOHNS CHURCH.
RECTOR WRIGHT's VACATION.

Rev o. o. Wright has gone to Pc
tersham, Mass, to spend his vacation
with his family. He left town last
Monday, and the church will be closed
until the last Sunday in August.
The Newtown bee., 1903-08-07

Allison P. Smith, at the solicitation
Of personal friends, goes to Holyoke,
Mass, on Sunday, where he will supply
the pulpit of the Willimansett Baptist
church. He will be the guest of his
brother-in-law, Frederick B. Hazen.