Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1903-05-15


The New York Press, a Republican
organ grinder, edited at one time by
Senator Thomas Collier Platt's right
hand man, ex-Congressman Lemuel
Ell Quigg, Is disposed to give the snap
away touching our astounding vol
ume Of business" The Press thus
soliloquizes:
II the merchant could handle his goods
as many times in year as Wall street
does its securities the business of the
country would be so enlarged as to re-
quire quadrillions to estimate 1t. Looking
back over some moves OF recent years,
you will find that in the operations of
1901 st. Paul was sold no less than 22al
times, Union Pacific 21A times. Sugar 10
times, Rock Island 1871 times, Manhattan
12A times, Wabash preferred 12la times,
Atchison IFS times. Brooklyn Rapid
Transit 11N times and Erie 10 times. To
make things palmer, the total captaliza-
ton of these nine stocks is $685.. 1S2 100. and
the transactions in one year amounted to
| s. sos, 1000 or nearly fifteen times as
much Put that in your pipe and smoke
it
Our clearing house receipts. about
which SO much blowing is done, are
swelled in the same way.
Ex-senator Pettigrew's post senatori-
al career Is another proof of the truth
of the old proyerb, Better to be born
lucky than rich" AS soon as lie left
the senate he made $250oOo on Wall
street. Now he has gold mine which
pays him cool thousand per day.
A Literary Trust.
The trust idea appears to have been
injected into every sort of business.
Golfers Weekly sermonizes in the fol-
lowing fashion:
| Still another octopus has begun to
| emerge into the light. This time 1t is the
gmall publisher who seems to be doomed.
| OF the hundred and odd former combina-
1 lions, most of which have been born in
| the last few years, only one had to do
| with anything outside Of industry. This
1 movement toward the concentration of
1 the book trade is, therefore. the second IN
the domain Of art and thought. The
small publisher discovers new writer.
This new writer becomes famous. The
big publisher Immediately comes along
and says. II will pay you more than the
little man can possibly pay you. In
i former times this was against the ETH
quette of the business. but now 1t is the
regular procedure. The author naturally
accepts. Often the publisher is willing to
meet an actual loss in order to secure the
| advertisement of q name, which has prob
i ably happened more than once in the
case Of Mr.. Kipling' books. Thus the Ia
1 nous author gains by combinations. The
i beginner loses, In the case of plays, be-
cause the cost of production is SO great
that the business men at the head of the
trust do not care for experiments. The
Il literary octopus threatens no such calam-
tty because the risk on single book is
small, and If a new author succeeds tho
publisher makes far more than he can
possibly make out of the writing OF q
well known man.
A Jefferson Monument.
The movement to erect monument
to Thomas Jefferson in Washington
city is n most laudable one and should
be encouraged by all patriotic citizens
regardless Of political affiliations or
political opinions. do not say this
because happen to be vice president
Of the 1'homas Jefferson Memorial as
ISOLATION, but because If monuments
are to be erected to great men at all
Jefferson deserves one as richly as any
man that ever lived. 1t is strange that
the thing has not been done long ago.
One cannot walk half mile in WASH
fngton without seeing some reminder
of the Father of His Country, which
is right and proper. Mementos OF
Lincoln are plentiful. Jackson's eques-
TRAN statue occupies an eligible place
In front Of the White House. General
Garfeld's statue Is in most public
place. Scores of lesser Americans ride
or stand or sit in imperishable bronze
on the streets or in the parks Of the
national capital, but Jefferson's statue
is conspicuous for its absence. 1t is
difficult to give any reason for such
omission. He is more quoted than any
other American. He ought to have a
statue. 1t will do him no good, but It
will do future general lions good.
The Republican state committee of
Missouri has declared for President
Roosevelt's nomination in 1904. The
aforesaid committee also declares that
Missouri Republicans in convention as
sembled in 1902 led off. ahead Of all
others, in declaring for the nomination
Of the president. But do these per.
formances Indicate that he will receive
the Missouri delegation? Has 1t come
to pass that the lion and the lamb
& have actually lain down togetheri
Will oil and water mix? These queries
are propounded to somnolent world
because the Republican state commit.
tee represents the Atkins faction
" that and nothing more. Hon. Rich.
ard @. Kerens and his retainers are
still to be heard from.
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