Durango semi-weekly herald., 1903-06-08

oruer. According TO what academ
clans say, for many years past o
T not since the reception OF Paul Boul
get, there has not been such crus
, or such demand for tickets. 1t wa
before a party OF well dressed ladie
} and literary celebrities that NJ. Ros
tand made his entry between his pai
OF sponsors.
AT the presidents desk were seat
ed the Nicomte Melchoir de Vogue NJ
CASTOR Biossier the secretary, an,
the other officers OF the academy
Ihere was quite full complement o
members OF the institute. The othel
four sections, which, with the acad
emy proper. constitute the Institute
OF France, were also well represented
| N. Rostand began to read his ad
dress in strong well-pitched tones ano
his remarks were frequently inter
rupted by applause. He touched upon
literary matters in general and after
a superb eulogium OF literary probity
he took his seat amid burst of ap
plause.
The sitting was brilliant for NJ Ros
tand, who scored great success. He
succeeded in making all that posi-
bly, could be made out of the literary
personality of his predecessor, NJ
Henri de Bornier, and created a
superb piece OF oratorical literature
| CINCINNATI, o., June 4.-Nearly
| every railroad of prominence in the
| country is represented among the 800
| delegates who are here for the annual
convention of the National association
OF Travelling Freight Agents The
convention. so far as the attendance
held by the association.
A brief opening session was held
this morning, following which an ad-
| journment until tomorrow was taken
TO enable the visitors to enjoy some
| of the entertainment features arrang-
| ed by their Cincinnati brethren. The
convention will close tomorrow with
annual election of officers. George
w. Benus of the Queen & Crescent
and w. |. Laird of the Chicago &
Great Western are prominently men.
toned for the presidency in success
sion to T. F. Sweet of the Illinois Cen
trail
RICHARD, Ind, June 4-Several
hundred of the most prominent physi-
clans and surgeons of the state, mem
bers of the Indiana Medical society,
were assembled in the auditorium OF
the First Presbyterian church today
At the opening of the annual meeting
of the society. DIR. David w. Dennis
8 .~11
sentatives of the local medical fra
lernity cordially greeted the visitors,
for whom response was made by
President Bertling of the society
Routine business occupied the open
session. This afternoon the wives
and daughters of the members were
entertained by the local club women
and this evening all of the visitors
will journey to the Eastern Indiana
hospital for the insane, where there
will be lawn fete and other enter
tainment in their honor. The bust
ness OF the convention will be contia
ued and concluded to morrow.
LANSING. Mich, June 4-The ma
nipulation OF the beet sugar produc-
ing properties of Michigan is now in
its second stage. There are now near
ly score of immense beet sugar
manufactures in the state which were
| originally built by local capitalists,
and it is estimated that upward of
100000 of Michigan money went
into these enterprises. Many of the
original stockholders are now out OF
the business, and the factories are in
the hands of combinations controlling
two or more plants. The third stage
in the manipulation of the plants will
be reached when the Havemeyer in
terests obtain control of the business
as they have commenced to do.
Already a majority of the stock in a
number of leading factories is held by
the state representative Of Have
myers, and propositions have been
made to others companies. One com
pany will within the next few days
vote on the question of selling a ma
| iority of its stock to capitalists con
trolling other sugar factories. and the
| indications are that within two years
| the beet sugar business in the state
| will be controlled by very few men,
| who will act in harmony with the
| other sugar producing companies of
| the country.
Whether as result of the Cuban
reciprocity treaty or because of the
poor season for beets very few fac
tories of Michigan made money last
year. One factory reports loss
amounting to 10 per cent of its capital
stock. Only two or three factories de-
clared dividend, and one of these. 1t
is claimed, paid the allowance to its
stockholders by borrowing funds for
the purpose. notwithstanding the
drawbacks which the factories have
experienced eastern capitalists con
tinue to put their money into the
business, A mammoth factory is be
ing erected at Owosso by Pittsburg
capitalists, who will also control one
or two other factories, and the capac
ity of several plants is being increas
ed. Doubtless some of the confidence
shown in the future Of the industry Is
due to the recent discoveries by which
the by-products of the sugar beet can
be turned into money.
DENVER. Colo, June An the
H.. t....