davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-08-07
WALL STREET WAITING FOR THE
PROPER TACK I'm POLITICS.
The Market Dead Except for an Occasional Crop
Scare or Fresh Battle in the East.
By w. @. NICHOLAS.

New York Aug. 1.-THE stock mar
ket would be entirely becalmed these
August days but for the occasional
tremor of a crop scare and simu-
lated nervousness over the iblood-let-
ting in the Far East. Back of it all
the great interests in the street arc
still unsettled as to the proper tack to
take in the national political game. The
moving forces are steadily working to
restoration of public confidence and
to a resumption of healthy activity in
the business world.
"CrOp killers Busy.
The crop killers are a very busy
lot. Now that the winter wheat has
been harvested they have nothing more
to do in that quarter and are devot-
ing their attention chiefly to the over
Whelming calamity which is about to
overtake the spring wheat crop. Uni
versal black rust is destroying wheat
in the Northwest. The street knows
this to be true because Jim" Hill, the
railroad magnate, and "BilP' Jones, the
crop expert, say so. Government re-
ports do not confirm these cruel state
ments, but that is of small consequence
when commission houses and specula-
tors are trying to work up excitements
On the grain markets. When the north
western field is worked out by the
crop killers" they will turn their at
tention to corn, and to the devastations
Of the boil weevil in the cotton field.
The conspicuous place given in the
newspapers to crop scare canards pro-
duce incidental effect in the stock mar
knf and Oiyac q to ye
in securities. They make the most of
it, but meet with only feeble response
IN their efforts to sell stocks down on
that kind of foolishness.
Bears Having a Hard Time.
1t is very hard for the bears to make
Roadway with general business fairly
good, and no end of money available
for legitimate purposes. The surplus in
The banks of the New York Clearing
House over and above the legal re-
quirements hasvreached the enormous
total of $56,000,0O0, with possibly near
~ as much in the trust companies and
private banking institutions, which
make no regular reports. Develop
ments in the Far East have caused
European lenders to withdraw some
or their funds and credits extended to
america, and this has caused a rise in
sterling exchange. Local bankers are
gao to see this as they do not desire
competition at this juncture. They
cannot find people to borrow their own
money and with a large amount of
foreign capital competing here at home
they are in a state of actual distress.
Nall money loaned this week as low
as p Of l per cent. in million-dollar
blocks. This is almost equivalent to
hiring other people to take care of
FUNDS. 1t certainly does not compen-
safe FOR the risk involved, for there is
always an element of risk whenever a
banker let's his cash get out Of his
hands, although at times 1t may seem
100 Insignificant to give thought.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-08-07

"A Judge will sit on his bench all
day and say fifty times, you are dis
charged" remarked the observer OF
events and things: but when he goes
home and his wife requests him to go
into the kitchen and repeat those
words to the cook, he's ready for the
woods. "-Yonkers Statesman.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-08-07
Attention.
Watch Our Weekly Lists of
New Subscribers, PUb-
1fShRd Every Sunday

THE SOUTHERN BELL TEIp-
PHONE AND TELEGRAPH COM
PANY has installed since last sun
day, July 81. 1904, telephones for
IS New Subscribers.
The list OF new subscribers is as
follows;
BUSINESS.
ts1-southern Shipping Co.
143-Sipple Bros.
16f-NORemann. II.
937---Stone, T. w.
1617-Dooner, w. II.
201f-Dugger r. A.
2i24-Dowling. Mrs. J..
s94--Taggart. Jno. p.
i774-Frierson, Miss Nellie.
b16--Nelaon. Geo. w.
20e7-stephanola, n.
2OS3-stewart, II. w.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-08-07

- III wall street WHICH is, att
er all, the best available barometer of
actual conditions, and the best prophet
of the future.
Proof of Expansion.
The extent to which expansion has
been going on in the United States
during the last ten years is brought
out forcibly in the report of the United
States Commissioner of Labor on the
relative cost of food and wages. The
document is heralded as being for
campign use and as proving that while
the cost of living has advanced wages
have made a corresponding gain The
advance in wages is given at IS per
cent. in round figures and the in
crease in the cost of food at Is per
cent. in round numbers. There is a
deeper significance in these figures,
however, than the mere political turn
that has been given them. They tell
the story of the effect of the gold infia-
ton which has been proceeding stead
lily and persistently during the last de-
cade-a process which has added 81
000,000,000 to the worlds supply of ba-
sic currency, a. rate which is likely
to be maintained for many years to
come. The people of every CONNER
cial country ~ the globe are affected
by this infle,tion, end there. apparent
ly, has been no great shifting in the
relative position of the great classes
of humanity. The whole structure has
been simultaneously uplifted.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-08-07

no Trouble About Money.
Ihere will be no trouble this year
ABOUT money with which to move the
The Savannah morning news. (Savannah, Ga.) 1900-current, 1904-08-07
wan street Taking it Easy.

Wall Street Taking it Easy.
The big people of Wall street are
giving themselves over, as far as lies
in their power, to a season of rest and
recreation. H. H. Rogers, the leading
factor in Standard OIL, is the latest
to take flight to Europe. Mr.. Morgan
remains in town. but spends his spare
time on his yacht Saratoga has drawn
a number of market leaders, including
Mr.. keene and Mr.. Gates. More than
$50 members of the Stock Exchange
are temporarily at Saratoga. They re-
gard it as relig 1us duty to spend a
week or two there every summer, os-
tensibly to see the races and contribute
their share to the further improve
ment of thoroughbred horses. Five le-
Ultimate private wires and one bucket
shop wire connecting the resort with
Wall street. Only a moderate business
is done over them, less this year than
last, which was the dullest for a de-
cade.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-03-20

being praised by all men: and the government,
by promptly carrying their recommendations
INTO effect, has apparently pleased every body.
except, perhaps the officials who have had 10 be
sacrlhCed to the eXigencieS Of reconstruction.
The military and the naval experts" persons
not easily cOntented. have little to say against
the Scheme, and even the Opposition in ParII--
ment seem content to limit their criticism -
the defects disclosed by the Inquiries Of TIL
n Commission. As for the public. its feel
lUsS are those Of satisfaction tempered with
faction, how easy War Office reform. after aI'.
may be, when il is removed from the diIate--
EandS OF Parliament and party politicians. How
long would II have taken a government to 81
TINS reorcaniZdt ton through the House Of Con-
mons. If il had to be discussed through an tls
stages of a bill, as was the case with the clU-
catIonal reforms Of the last two years. There
would have been aEitatiOns, within and with
out. an angry development of partisan seuti-
mcnt. deluge OF Irrelevant oratOTy uueGIi14
discussion Of details by more or less iuComps-
tent amateurs.
All this is avoided by the application Of tho
royal prerOgatiye and the temporary institu-
ton OF a kind OF reforming Dictatorship. Thrrd
capable men, already familiar with the question.
are set to work to say what shall be done to
amend the system" They consult together. "a
into the facts; take evidence at the fountain
head without any of the Cumbrous parapheT-
MALTA of a Royal Commission; and at the end
of a few weeks they have their plan set forth
in some pages Of lucid print. There are
tiOns; only certain distinct and specific pro.
pOSals, which be made operative At once.
And the most marvellous thing is that by
stroke Of the pen this great admin iStrative
Hardly had the aStonished newspaper reader
realized that the Office Of Commander in Chief
was to be abolished, the Army Council 20 be es-
tablished and the War Office TO be transformed
these things were in fact dOuc.-tSidney Low. n
The Nineteenth Century.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-03-20
MIR. CHAMBERLAIN's POSITION.

It cannot be and ] think viii not he. denid
10y any candid person that for the moment. Mr.
Chamberlain fills larger space in the public eve
than he has ever dOne-than any other states
man Of the time does. OF suCceSs-iu the divine
sense Il getting on'-Mr Chamberlain has
achieved a measure that. taking all the CondI-
tious into account, stands almost UueXampled.
He has achieved il so rapidly, and amid Clreuru-
stances SO varying and difficult. that one need
not In surprised at the widespread interest
which his present policy eXCites. Pitt and
r.-racn 90 cWiu,us" mainly by royal favor
and uuritsi ly single breeze Of popularity.
Mr. Chamberlain has made progress 10y aid Of
popularity alone. and that popularity he has
won for himself. liz has steadily and rapidly
G.. .r.b,d from high 20 higher, until. at the pres
crt moment. lo has got one foot on the mail
step leading 90 that platform which is the high
oet 90 which any subject Of the King can attain
To round his career il is necessary that hc
should establish himself i'm that position II he
fails iu this the failure will Doe great. II viii -
past III show all his achievements %
IN. eve Of history through the wrong end Of the
telescope. II he succeeds i'm his present policy
he VIII rank 4 great statesman. whatever tho
good or evil flowing from that policy may b.
II he fails in 10. men viii hereafter wonder how
Doc ever came 10 be regarded as 4 statesman u
the front rank or this ne appears 20 have
very lively CousCiouSuess and he has spoken II
has present policy as taking his political life il
his hands. II defeated that defeat viii bring
into the scOrChiuE light Of an unSparinE ridiCUle
every aspect Of his present proceedings. and viii
subject all his past accomplishments 10 the
ton Of destructive criticism 1t the hands Of his
torlaus- The FOrtnishtly.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-03-20
ME-. LEcKY AT COLLEGE,.

Lecky gained his chief distinction while. in co.
lcre 10y tt" bril.iaNcy OF his speeches at the
Historical Debating Society. The unhroken flow
If irish speakers cannot fail To- astouish and
tCWuIcr those who are aCcustnmed only TO Euc-
Ish methods OF orlt"ry. and who may have
listened. with some aHEl"ty as to the res alt.
While even a Cabinet Minister huns and haws''
and Uausss for the words he requires TO express
his ideas There were several men in the His
tOTic1l at that time who possessed this rcWarba-
ble gift OF 1uency. but none Of them ever ap-
preached Lecky in the rapid, unbroken flow OF
words There was here no apprehension OF any
breakdpWu-th the only apprpheT sion was that the
torrent might never cease. There some
thing. too, IN the long sweep OF the arms and
the uDturued pose Of the head that suggested
natural inspiration, as II the words were bub-
bling UP spontaneously and the speaker himself
was YOTerless TO stop the flow. Yet the speeches
were always carefully prepared during long
walks on the West Pier 1t kinEstown, though
they were not committed TO memory. A few
notes on slip OF paper about two inches long
and about one wide. CrUmTl"d uD in the waist
coat pocket. were all he carried 20 remind him
OF the points in the subject The language was
always admirable. rising at times 10 high
pitch OF eloqucrce; perhaps occasionally a little
too ornate but producing a distinct thril.
through the audience. It was said sometimes
that the matter was more emotional than argu-
mentativc. but those Who hai TO reply found
the task by no means IN easy onc--tThe NJ
tional-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-03-20
A SKETCH or vICEEoY ALExIEFF

Alexier is a most strict ciseipIirariau who lr-
s.sts on his men disrharginE every little = their
duties 80 fault Of theirs ever escapes MIN. uO
G.religti0u Of duty is left UNPUBLISHED. Hence
hie men hold him iu awe But hs IS iu4ulE'ut
Withal in other respects. and ever ready To al
low for those little weaknesses which cannot be
eradicated Yet DO no, constitute an impedimeut
TO efficiency. Thus De- entered into the spirit
~ his men. introduced interesting games. Of
f-red prizes 10 the winners and thus kept many
Of them from iutulEiu- too freely iu vodka
At the same time he Vas popular with his
brother commanders. and thus welded a de-
slt.a." ana effective lrtIE'f"" over .L VITO came
within his sphere. An instance Of this took
place shortly after he became Governor 81 the
kW.r-TlUC District. Under lis predecessor
% feeling OF uusls8elrtres= had arisen bet g.ssn
soldiers and blu-Jl.ksfs which seemed l-alg to-
lead TO serious results If n.t quickly neutral
service spoke plainly 10 them ou the subject
and gave them TersuItury INSTRUCTIONS how
20 deal with tie growing cirrnTd. He also
talked with the men and made j. plain 90 th"m
that Ira-orian measures would be enforced
against peace breakers and within month
after his Interference peace and concord reicued
between the branches of the service. But al
who have ever served under AleNiem speak Of
him rs 4 strict discipl marian and q man noted
fo~ his severe measures
Thorough se1f-r~astr-v Is 7 should say. Alex
i.fTs most Characteristic quality. tie is gifted
with an GricutaIs power Of REFRESHING his emo
tiOrS and Restraining his tongue. Possesses .
sort Of psychical aerEwulator where ~ can
pen Up passionate feelings for any length OF
time AND continue his daily work 4. s II serenity
and satisfaction were the elements OF his soul
But when the seasouaJle hour for action has
struck he can speak in voice OF thunder
and make hackslidinE suhaltern trenh.e
The words then How as torrent. lie is,
likewise, Vely quick or apprehension. cap1-
bic Of grasping n situation at a glance. and
of taking n resolution at n moments notice
His rasourcefulness IN times OF uuforc-een
emergencies is also highly praised by his fel-
low officers. men who have served both under
ited 70 his own limited sphere.-CDr. L J Dillon,
il The Contemporary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-03-20
THE DIGNITY OF THE CAR.

II must not be supposed that the Car Mich
oiHS II Is destitute of strength because his
haHitUal outlook life is rather one of Oriental
r'si-nation than Of the hopefulness that might
tv expected from the head Of a great Christian
nation The Car is remarkable for dignity
# ...h lS tn" more noticeable because ne Is small
ODD size and his voice is gentle and Womauly.
The dignity is like the dignity OF Queen Victoria,
Win" impressed every one who entered her
presence The dignity Of the Gar was curl
"uslN exhibited on the occasion Of his last meet
ing with the Kaiser. The two monarChs had
separated after meeting with their respective
fleets in the Baltic. The Kaiser semaphored an
elusive message To tn" Car from the upper
bridge Of his magnificent yacht. the Hohenzol-
lern- 1t WAS Cuuched IN the following terms:
THE Admiral of The Atlantic salutes the Ad-
U.i-al Of the Pacific The Gar was placed IN
cd difficult position. II he accepted the impli-
cation the British Foreign Office might have
something 10 say. IT, on the other hand, the
signal remained unanswered, diSCourtesy to the
Kaiser was the result / am informed that the
Cars reply was his own idea He simply sig
nailed Farewell" The lacouic rebuff To the
German Emperor went around the fleets Of the
world. and the Admiral Of tn" Atlantic VIII
not FORGET the quiet suub administered TO him
on. gray afternoon in the shallow waters OF the
Baltic Seattle Fortnightly.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-03-20
HINTS To sNIPE SHOOTERS.

Unlike many birds. the suipe is widest and
most alert when in quest Of food. that when
very dark or temP-stuous night forces th--,
t. put OF feeding until daylight you viii usually
find them almost uLdpprOJChatle during Che
morning hours Of the next day. Indeed. II time
no object and the loss Of q day does not mat
ter, il would 1e far better to leave H., u Uu-.S-
tuTusl on SUCH occasions, and to turn home
after sufficient number of snipe have risen ar
Impossible distances to- convince you that they
have got all their eyes about them, I-iutr..y
for worms. but incidentally for you Nothing 3
NOR" likely To- make birds permanently SU=-
p.gious. IL not 20 drive them away aItugetha~.
than harassiu- them at their hours of feeding
By day sulIe viii feed in the ruuGhasJ %
weather, by night / believe they seldom 30 E--
less il is fairly calm. have several times sen
them at II ia wild gale. and a very uugoa.-
Portable occupation II appears Perhaps the
ideal day for suIIc shooting is one or which
moo. rate southwest Wind Is blowing. the Pc
vioUs night having been calm and moorIt. or,
better stlL uluuiued 10y bright starlight. SU.h
days after such nights are of course rare. Co..
Consequently. are these ideal times FOR making
bag. However, I'm snip" shooting 10 never does
TO despair because OF apparently unsuitable
know; heavy bags have been made the most
discourarire looking days Another sort OF day
which / have usually found CUndugiy" 10 sport
is a sunny, cheerful one, with strungisE north
east wind. exactly the opposite, you will Oh
serve. Of the former Kind ueutiouet..t 'svDolO-
pax" in RIJkW1Od's
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-03-20
wHITAKER WRIGHT FINANCE.

Z may only he doing Justice 10 The memory
~ n dead man TO a-EUoNi edge that he did not
originate the financial methods 81 which he
mad. such fatal use. Ee found them iu exist
r-re here when be came over from America IN
1894 re speedily saw th.I~ great uH-s .hllll.s
from "a gambling and market rigging point OF
l-.u.. and Dc IO-t I8 time d. utilizing Them
Their real 0rIgiuarorS were tho Jewish Anglo
German groups of GuaucIers who q few years
before had divided up the Rand among them
selves BY arrangement with cN-President
I<rucar they TeECed out miles OF claims. Each
group got ten or tAenty times more claims than
n could POSSIBLY work. They had neither the
J. for nor the capital requisite 20 develop them
-HrScguently they had 20 form companies 10
furs and fnanCe them until working arrange
-..rts could To- made These finance companies
aEo..ted a uniform policy Of div idiuC Up thei-
.Trfrr1s into manageable blocks Of 10 TO roo
Claims each. AS they had opportunity they
.noated" a subsidiary company for each block.
with a generous capital on paper, a small share
~ which went 90 the public. while the lions
share remained in the strong box Of the h0aters.
u was 4 case Of mother and baby. with the
maternal relations reversed. The mother MIXED
tto babies instead Of the babies milking the
TH0ther-t 8laCkNJOds
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-03-20
A JAPANESE NURSERY GARDEN.

A japanese nursery garden Is revelation
There. uu benches. iu roNS. SIT tortured trees in
their bowls OF pans az fai,uo'. Their perfection
is marvel of patience. requiring years for IFS
lr,ouT lIsHweut- sometimes ou" man VIII give
as much as thirty years attention To "A single
little cherry tree. Bach curve. each leaf each
tuiE has itS direction and proportion regulated
by tho most r5ci4 and iww.wnrI4l principles.
and e. have amy value u Jauausse eyes "A
dwarf must conform absolutely 20 the iron rules
l.'5 down lv the ,.raus 81 taste iu the DAYS
when Iyeyasu TokUEaRa paraIyzed into an ada
I,.tU4I lie Of the country The effect Is. 81
course. exquisite iu it's elaborate and rather
morbid beauty. But b. must BE sid that there
are many dUarfs. very many. which go for D."
prices. owing tn tha wUerf syt-ou ~ their c.Fel-
nI.u-euf. they haN. Dough. ur bend. that IS
uHt -ih.i. Consequently the JaTtn'-" 1911.
buy th-u-iu5e'd with plaasure.uut Viii NOT
Admit their claims to be- works 81 art. NarG-
rally DE- VIII buy rtfw as. even 80 they .--
H.a ut.flL. and their price brings them r.'..a
range 90 every ones ambition 80. ar home. ....
Ehr tug severn instead - Turner. rtr.--
MIXING the difference clearly hut EHlulrg ~.
cheaper Iistur, ass tEEhI. as DO deserves. ana
buying IL the more readily for us 'heaT...--
H0We..r. th.s. japanese trees that %. fH"
a. r3.us are wonderful. with all their Iwg'r.,.-
rf.re and the Uututor,d savage eye uf On. N.et
entirely fails 10 see amy difference between H
perfect specimen ten INCHES high. thre. centuries
iu age and go in price. and ITS uyIEh1.. az
equal height, Of I've years growth and i've s:.l.-
I5rEs value. They are all dainty, and % every
kind -i Macmillan
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-03-20
RUssIEs FINANCIAL POSITION.


tliS9la = I'Sillon rs ike that or n nonlefnan
Ni.o Ids "a large uut ulle'ly heSlected estate ana
"a house ifat IS i1iitE about his ears who is
C..i'} DID u-HL VINO pays one lender 10y borrow
...- tfHn another, VINO sees IBIS debts steadily
mounting up toward The point al which ruin
becomes UtaNola1oe. and who desperately
.s"- ihe most fantastic attempts at making
l -'i-'- I'D aI~.l.i.ii' gle h-nASe.l the OF
.-.--S ~'i.l.-" tN I',airi-iS Tor E'iiliE money
.... ..-...S I.'.Al'.4 DID ne i"i.'-. ACCORD
.- 81. -.r 'A.-tl-.-g H't informed i.thi.- COR
f..f...,'' RUSSIA CANNED after he Boxer
..-.- i."II Al-Ia an indemnity Di ti'."''F'
I- l.. ground itai she kept l,""h soldiers in
..-..-. u ,A expense at tt'' each According
.. l-- lth-.- cores l.D..-.I.t 90 I-t AlIl.-,
-. H'.t -. .,---S o.-t .''N pa '------- ---- 'ie
t..--I.a eA Ar4Iti Sl'otl l'-9 h'Nr mace a mex
..".l l- AZ lt--ss -l-''''Nv N~l o. N.--s Il-s.'~
81.
az .-te years mo SUPPLY hI l.-t.i..' money
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-03-20
~ YROLRLE AG4LN.

81 wonder" said the plump young woman. pre-
pairing 10 venture out uron the frozcu surf-.e
Of the park lagoon. If the ice is safe
You needn't be the least bit afraid as 10
that" Mr.. Makinbrakes FASTENED to- assure her
81 am certain il viii hold you ucu / was
here yesterday / saw the boys chasing q run
away steer all over IL. The animal must have
weighed 500 pounds. OF course he added
ucryuusIy. 4 don't mean that you-that the
steer YOU know. IGightnt have broken thrOU-h
If il had been skates, but. stilI-Vcu, any
how there can't be any harm in trying. because
see other girls out there that even mere
-cr-do the skates fit you ali right. Miss Big
s-iu g--- Chicago Tribune
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-03-20
HERBERT SPENCER

The uniqueness OF Spencer's intellect lay in
the marvellous blend Of the analytic and the
synthetic He had twofOld genius-fOr rcduc-
ing phenomena TO their ultimate analysis and
for detecting the subtle laws by which the most
distantly related phenomena were connected
BY virtue Of his tWofOd genius he revolution
lied cosmology and psychology-in a word,
started the higher thought in science and phi
losophy on a new path. Spencers mind was so
constituted that isolated truths in his hands
were unfruitful till ne had connected them with
first principles. He had passion for generallZ-
ing. George Henry Lewes speaks Of Spencer
theorizing tendency as contagious With Spen-
Ger philosophy was not pastime. not study
for his leisure hours; II was his life. He was
essentially a thinker. Nothing is more common
for those " no meet distinguished men for the
first time than a shock OF surprise at the CON
trast between their tall and their writings. The