Durango semi-weekly herald., 1903-06-04

the navy In this work The general
lines of the coast signal service put in
operation during the war with Spain
will be followed.
Special naval patrol stations. life
saving stations. lighthouses and light
ships. army signal stations. coast sta
tons Of the weather bureau and auxil-
larry scouting. lookout or patrol ships,
all will he called on 10 participate in
the scheme. and at appropriate sta
tions telegraph. telephone. cable and
wireless means Of communication will
be provided and kept constantly in
working condition. The naval militia
to a large extent, VIII be called on to
make up the naval patrol crews.
According to orders today putting
the scheme into effect, should war
break out the commanders in chief
afioat will be furnished list OF the
naval patrol stations within the limits
OF their command and also the privi-
lege signal to be used In communicate
Ing with them. Until this signal shall
have ben given the naval patrol sta
tions are forbidden to give any infor-
nation to ships.
NEW YORK, June 2.-The Trust
Company of the Republic is about to
reorganize. so II is reported in Wall
street today. The main Office is to be
at the Waldorf-Astoria and the name
probably will be changed to the Wal
dorf-Astoria Trust company One of
the interesting features of the plan
of the reorganization of the plant to
keep open till 10 O'Clock at night, the
theory being that the business in that
neighborhood begins in the late after.
noon and continues into the night.
The Waldorf-Astoria has served in
booming financial times the same
purpose that the Evening Exchange
did In the old days of Wall street
when stocks were traded in on the
floor Of an uptown hotel corridor. The
stock exchange has a rule forbidding
its members to trade in stock in that
way. But the Waldorf-Astoria for
two or three years has been the
nightly gathering. place of men who
do business in Wall street and finan-
cial deals. formation Of stock pools
and plans of financial campaigns have
been mapped out.
This, with outside business which
the vicinage of the theatrical roof gar
den and the night restaurant district
would give a banking institution. has
| caused some of the progressive lead
ers In the scheme to plan for keep
Ing the main office open at night. 1t
is expected that a downtown office
will also be maintained. A reorgani-
zation committee OF which George C.
Bodt, proprietor of the Waldorf-As-
toria Stuyvesant Fish and j. B. Gill
are members, will take charge of the
pork. e.
WASHINGTON, ID. c., June .
One of the most serious and difficult
problems which the Philippine com
regulation of the opium traffic. and no
definite plan has yet been decided
upon The commissioners, however,
have been studying the subject with
serious attention, having Investigated
the methods adopted by the English
in India, llongkong and the Straits
Settlements, by the Dutch In Java, by
the Japanese in Formosa, and in their
own country, and have devised a
scheme which will be formally acted
upon and probably adopted early next
month. This plan contemplates the
farming out" of an opium monopoly
to the highest bidder, so that one per
son of responsibility shall have entire
control of the sale of the drug in the
| archipelago, and Will be held RESPONSE
BILE under heavy bond for the en-
forcement of the regulations. 1t will
be the same method which the En-
glish and Japanese have carried out
with great success, but with some
notifications
The commission has decided that
the opium habit cannot be abolished
and that the next best thing to do is
TO restrict 1t as much as possible
II is so easy to smuggle opium from
China that the Illicit traffic is very
large, and it costs more trouble and
expense to collect the duty and en-
force the regulations than any other
part OF the customs or police service.
II is the intention to absolutely pro-
hibit the use of the drug by Ameri-
cans and native Filipinos and limit
1t to the Chinese population.
The concession will be granted af-
ter competitive bidding, and the per
son or corporation receiving ii will be
placed under a heavy bond to com
ply with the laws. which will be
made as strict as possible. The con
cessionaire will not be the sole i'm
porter, but the only agent for its
sale. The income to the government
from the opium monopoly during
Spanish times averaged about $685.
600 year. but the proposed regula-
tions will be so strict as to diminish
its sale and the revenue will not be
so large. Whatever they are, how
ever, will be devoted to the erection
of schoolhouses and the support of
young Filipino students in schools and
colleges OF the United States Per
haps half a million dollars a year will
be paid into the treasury by the hold
er of the monopoly in quarterly in
stallments. and disbursed by the sup
erintendent of education, subject TO