The independent. [volume] (Lincoln, Neb.) 1902-1907, 1904-03-17

unnOtlceQ.
General Henderson summed up the
merger decision in these words: THE
decision will not either benefit or in
jure the general public" That is all
there is to 1t, as far as these rail-
roads are concerned. The hint from
Judge Holmes that criminal prosecu-
ton ought to follow will not be util-
lied. The president Is against the
criminal prosecution of any of the
trusts.
Morgan and Hill make public an
nouncement that they have concluded
to obey the mandate OF the supreme
court, which is a very gracious con-
descension on their part, and that
hereafter the thing Will be called
community OF ownership" instead of
Northern Securities company" They
have no fear Of criminal prosecution.
The house, after indulging in hys-
terics for three days, finally concluded
that it would not investigate the post
office department and voted to appoint
committee to investigate itself.
The Irish members of parliament are
making Premier Balfour very miser-
able. Redmond put up a job" the
other day that resulted in the gov
eminent being defeated. An amend
ment was before the house about
teaching Gaelic in the Irish univer-
sity and it was given out that the ma
tionalists would discuss it at length.
Redmond got up with a big mass OF
papers in his lands, but after speak
ing a minute or two sat down and
there was nothing to do but take "a
vote. For the first time in many
years the opposition telIers appeared
to the right Of the speaker and pam
demonium broke loose. The govern
ment had been defeated by IL votes.
There was but one of two things that
Balfour could do. resign or accept the
vote as part OF the government pro-
gram. He chose the latter course and
in little while the conservative
members were gathered in from the
clubs, another vote was taken and
the government showed up a major
ity of 25. There is no doubt, how
ever, that the government will be
beaten for good and all within the
next few weeks.
Golfers Weekly says that the ia
panese capital, Toxic, has no slums
and no mobs. There are still some
things that we may learn from the
ASiaticS.
The courtesy Of the Japanese is uni
versally recognized The other day
they presented 154 thigh balls" to the
inhabitants of Port Arthur. That is
the Russian report
Prices on the New York stock ex-
change continue to decline Business
was only about one-fifth CT that of
three years ago. while on one day the
sales were the smallest known in
over seven years. Prices meantime
have yielded further, the decline for
the week averaging over 81 a share
and leaving the general average of
PAiS1o o. eAiC iNWVSb pOlAL vi luC year.
The leader in the decline has been
Pennsylvania, which was sold to the
extent of 215.S00 shares, no other
stock being dealt in for over IS, geo
shares. Latterly the New York trac-
ton stocks slulnped badly, Metropol-
itan street railway losing is. ii is
very evident that Rockefeller is still
after Cassatt and Belmont and in
tends in the end to own the Pennsyl-
vania and the New York elevated. sur
face and underground transportation
systems, besides slice of the Nebras-
ka university.
The beautiful law that was passed
when the department OF commerce and
labor was created forbids publicity I'M
less the president shall order Il.
Therefore the facts that Cortelyou
has gathered about the Paper trust
will not be given To- the public. The
paper trust has millions that might
be thrown against Teddy II he shows
any activity In opposing 1t. Reform
papers may find that they can get no
paper when the crisis comes In the
next presidential election. The trust
controls the whole supply. That would
BE- worse than Madden. paper con-