The commercial. (Union City, Tenn.) 190?-193?, 1903-08-21

r being made to put on a brave front
Y and Republican newspaper CORE
spondents are being asked to stat
3 that there is nothing to be feared
e that the liquidation is confined t,
$ Wall street spectators, that i
cannotaffect the general prosperit,
! and, in general, to write dispatche
calculated to uphold the hands 0:
the bulls and counteract the almos
inevitable consequences of The
liquidation. The market is in {
peculiar condition. There is nc
lack of money, but public con.
fidence is lacking, Thus far the
capitalists have been obliged to lei
90 only their good stocks and even
they have sold low, but if the time
comes, as it is feared it will, when
the brokers and others have to let
their poor things go, there will
follow a general panic which will
bring to an end the boosted era of
prosperity which is calculated to
elect Mr.. Roosevelt If the pros
perity of the West weathers the
present liquidation the general
situation will be safer than it has
for some time, but, as a prominent
Republican fnancier describes it,
''the amputation has taken place
and gangrene has set in. If the
doctors (Morgan ct aD can check
it and heal the stump, the patient
will be better off than before; but
if the gangrene spreads, we'll you
can see what tho result will be-"
Secretary Root is about to retire
from the Cabinet, not Immediately,
but some time in December. Mr..
Roots retirement will be serious
loss to President Roosevelt, who
has long been opposing it, for in
all the Cabinet there are two men
on whose Judgment Theodore
Roosevelt relies, but two men who
can influence him for his own good
when he has determined upon an
step. Those men are
Hay and Root, and of the two Root
is, in many instances, the more in
fluential. 1t is generally believed |
that Governor Taft will succeed |
Root. Through the operation of
the general staff plan the direction
of the army, which has heretofore
deyolved on the Secretary of War,
has devoIved on the staff, and
with a competent staff of expert
enced army officers, a thorough
incompetent could do little harm
as Secretary of War" quote q
naval officer who was
advocating the staff plan for the
pavy to make up for the defcien-
ass<N Secretary Moody, The
serious problems which are likely
to arise in the War Department in
the neaA future will, therefore,
concern thePhilippines, and it is
believed that Taft's familiarity
with Philippine cNpditions would
make him a valuable>eticer of the
administration.
Postmaster General Payne is
scheduled for retirement, as soon
as it can be said that he is not re +
signing under fire, and the old
story that Secretary Wilson is to
cesfgn to make life position as
president of the Iowa Agricultural
College, is again in circulation.
Cheap Excursion Aug. 18th Via NJ. & o.
Roundtrip rate from Union City,
Tenn, to st. Louis, $780, to Chi
,ago, $1,000. Tickets will be sold
;or trains leaving Mobile August
18th and will be good to return
eaving either point until and in
;luding August 81, 1908. Apply to
VI. & o. h. r. agents for tuther
particulars.
A Worm Killer.
j. A. j. Montgomery, Puxico,
Wayne Co., Mo-, writes. II have lit
5le twin girls, who have been bothered