The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-07-12

excellent Mayor anu Ills TERM VI oiiiCc
would doubtless develop good Democratic
material for State and national needs.
The magnificent proposition to bind the
scattered and inadequate shipyards into
one competent unit was the hope and
ambition Sof the worlds greatest ship
builder. Lewis Nixon. The projection Of
the United States Shpbuilding Company
had the accomplishment OF this purpose
In view. In hands other than his was In
trusted tho financing Of this great enter
prise. This was the rock in it's path. Upon
1t the company struck and to-day 1t is In
the hands of ex-senator Jim" Smith, OF
New jersey as receiver. In the selection
Of Smith the court was wise and the COM
pany fortunate. If In past performances
can be found a guarantee Of future sue
cess, the record of Senator Smith gives
abundant evidences of great ability and
notable achievements. Financiers inn
pose great confidence in him. and any
plan he will propose will receive the sup
port of strong men. Wall Street believes
that Senator Smith will prove whole
salvage corps in himself and will tow into
deep water the foundered company before
1t is dashed to pieces on the reef Of adj
versity; and then with skill and new
material will send the United States Ship
4SOIllpdllS Ol lis mission WIFI
the chances of success largely In its
favor. wish Smith success in his Ia
bors.
A few evenings ago James w. Gerard
Jr., a distinguished lawyer In this city,
said: II have known Chief Justice Park
or for some years, and do not hesitate
to say that I believe he will be nomi-
mated by the Democrats and carry States
now regarded Republican with cyconic
force. What the country needs to-day
is an executive who understands the
Constitution. There has been ten
dency to drift away from 1t. A strong
man, one fully conversant with the spirit
as we'll as the letter Of the law. would
, do much to overthrow evils that have
crept in, There Is a general feeling that
the national administration has drifted
away from the safe mornings afforded
| by the Constitution, and that strong,
wise. conservative man like Parker Is
needed to restore the essential principles
of national government. In Judge Park
er are admirably combined the learning
| Of a great jurist, wide knowledge of at
fairs, calmness. conservatism, executive
ability and the dignity that rests on a
man who can look every other man
squarely In tho eye. His has been a
blameless life from every point of view
He can be put before the country and
none need rise to explain or apologize
for any act or deed of his. Such capdl-
date, will necessarily, find that victory
perches on his standard"
I see that John Gerken was elected
president of the Union National Bank,
| Mr.. Gcrken Ia a very strong figure IN
financial circles and Is gaining strength
! annually.
Wall Street was much interested In the
purchase of the Southern portion of the
Oregon Short Line by the San Pedro. The
San Pedro was built by Senator Clark;
and the present road now establishes a
line from Los Angeles. Cal. to Salt Lake
City. Utah. David II, Moffat is building
the Denver. Northwestern and paolhc
from Denver to- Salt Lake and as Monat
and Clark work together the Moffta road
will open a new and shorter line from
Denver to Los Angeles and to San Fran
cisco, The new country west OF the
Divide teens with mineral and agrlcul'
tural wealth and will make the Molra,
people enormously rich,
Andrew Carnegie is member Of thu
Authors Club When he applied for ad
mission after the publication o.
"Triumphant Democracy" he was black
balled. Few of the members believed tina
he had written It, in other words tina
he had paid somebody else for doing 1t
His friends denied this and there was ;
Committee of Investigation. Mr.. earns
gle produced the original manuscript. anf
he was admitted He is the richest autho
in existence, and can find hundred pub
fishers for anything he writes.
Some time ago newspaper asked MI
Carnegie for 600 words on some subjec
or another. He wrote 500 which the edito
thought was too short. 1t was turned owe
to traine writer 10 expand MI. Carne
=. gie's ideas. The article In its new form
was sent to the great library founder TO
his approval and signature. He kicked
J and kicked hard, said that It wa
padded" too much. He was obliginp
} however. erased few hundred word
, and let 1t go. But he thought the thing
Z he wrote 1t was the better of the two.
r Sir Thomas Upton is full OF confidenc
that he will take the cup this tins, an