davidaulloa/AmericanStories huggingface dataset:
Heppner gazette. [volume] (Heppner, Morrow County, Or.) 1892-1912, 1904-07-28

In swimming Rogue river, 20
miles below Grants Pass, Thurs
day, to get deer he had just shot
on the opposite side of the river,
Gamer johnson was drowned.
Heppner gazette. [volume] (Heppner, Morrow County, Or.) 1892-1912, 1904-07-28

Twenty-three carloads of hogs
aggregatlng 2300 head, were
shipped from Garfield, Wash, t
Seattle, Thursday.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11
"A Fertile Field.

Recent testimony of sales agents
of the coal companies In the eastern
cities has stirred up no end Of un-
favorable comment against the coal
combine. The interesting thing about
it is that the criticism comes not from
the yellow journals or anticapitalistic
papers. but from the most conserva-
tive of the financial papers OF the
east. For instance, the New York
Journal Of Commerce and CONNER
cial Bulletin says:
Certainly the consumers Of coal who
are now paying combination prices for
what to them Is necessity OF life are
not likely to pay the additional profit to
producers any more willingly because one
Of them undertakes to lay the responsible
ity on the Creator, while another blandly
informs them that they need not buy II
they choose to go without. In view OF
the sweeping victory Of the government
In the Northern Securities case, where il
was not attempted to prove that extor-
tionate rates had been charged it GER
tainly seems that the anthracite combina-
ton should prove q fertile field for ex-
ploration under the antitrust statutes
The public Is not likely to be disnaye6
by the argument that some anthracite
roads are not earning dividends on theil
Watered stocks.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11


in the government report the spring
wheat area at 17,140,8 500 acres is ! 49,
100Ncres, or about .07 per cent under
last year, is due to the continued wet
and backward season in the important
wheat raising counties in the Red
river valley, which made it almost
impossible In many districts to seed
wheat in time.
The showing of 9s.4 for the spring
wheat condition Is a good one, even
tho it was $50 a year ago. Taking
the wheat promise on the whole, there
is much Of encouragement in it con-
sidering how very bad the earlier re-
ports were. On the present show
ing, with good conditions from now
on. the country could produce approx
imately 61O,0OO,O00 bushels of wheat,
which would leave an exportable sur
plus of about 10 100000 bushels after
allowing for normal domestic require-
mentS.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11
Greatest Of Trust Evils.

In one of the local clubs, where
financial men meet and where the
problems of trusts and trust methods
would naturally be discussed, the
question Of which of the many trust
evils is the greatest was recently de-
bated. The breaking down Of COM
petitors by open force or underhand
methods. the danger Of concentration
Of power in few hands, the tendency
to force the elimination Of the mid
dleman, and the discharging Of many
statesmen and other high-g en-
ployees We're some of the aspects Of
trustism cited as being the most dan
gerous, but, strangely enough, not
much was said about over-capitali-
cation.
Not long ago Secretary Knox said
lovers capitalization is the chief Of all
trust evils and the source from which
the minor evils fow.''
Many unfamiliar with trust history
do not realize to what extent this
has been carried, nor is 1t possible to
show it in limited space. Two illus
trations taken from TRUSTS Of To-
* e 81
day." the new book by Gilbert Hol-
land Montague, may help.
1t has been a general rule in trust
formation first to capitalize the cash
value Of plants, merchandise, machin-
cry, ETC., by issuance Of bonds and
preferred stock, and then to capitalize
good will and estimated savings o1
combination by issuing about ais much
common stock. There is much value
in good will and established trade
Mr.. Havemeyer Of the sugar trust
once testified that the plants Of his
company could be duplicated for $780,
100000, but good will, established
trade and considerations Of a like
nature, warranted capitalization al
$75,000,000. That company has beer
able to earn good dividends on this
larger total, hence the capitalization
is legitimate. Here is an ILLUSTRATION
of the use in comparative moderation
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

Of earning power as the capitalization
basis. It is this very thing that has
been shamefully abused.
Take the Steel corporation Already
there existed a number Of companies
made UP of numerous smaller plants
brought together. These later giants
combined and became a Goliath. at a
time when boom was on, prices high
and earnings exceptionally large.
Each big company, already itself in
hated, went into, the new combination
at a still larger valuation. The Car
negie Steel company had securities
outstanding to the amount Of $780,.
100000, but when absorbed it figured
in the new company for $163,400,O0O
preferred stock, $155,200,000 common
and $304,000,000 bonds. When the
Steel corporation was complete it
stood for 100000, 900. This was
capitalization on the basis Of the earn
ings then showing, a proposition sane
toned by law in most states.
There is regulator for all this
Its name is Wall Street. The United
States Leather company has $125,-
10000 in securities, but the street
would not give $4,000, 900 for them.
The Steel trust faunts a capitalization
Of $1,4O4, 1000, but Wall Street says
the paper is worth about S57O,000,-
600. For values are values, and it is
what certificate brings in dividends
and what one can get, for 1t on sale
that count, and not what it may say
on the face of it. Wall Street looks
at Leather and says that $4,000, 900
Of the nominal value is no good; at
Steel and says ss33,120 900, or nearly
90 per cent of represented value, is no
good. That is what it usually comes
to in the end, for water, In finance as
in physics, must seek it's level So
from the consideration Of economic
results, the evil is seen to right itself
In the long run according to natures
| laws. yl.r.tSi.:re&
But what about the poor investor +?
| Where does he come in? He sees the
! greatest names in American finance
attached to these companies and nat
urally thinks they are as represented
# it were only the, SPECTATORS who
were hurt it would not be so bad
but, too often, shartf-earned money, the
savings Of the comparatively poor
goes into inflated companies to stay
there until lost in7receiverships anG
officially wiped out IN the final process
of reorganization.
Z. - n So.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

The adulteration flend is not content
to spoil stomachs and ruin constitutions
by impure food and drink, but will not
even allow the American people pure
medicines to help them get well again.
Researches Of the department of agri-
culture show that from so to Is per cent
of the medicines commonly dispensed by
druggists are either adulterated or of in
ferior quality. With such unreliable ma
terials, how can physicians prescriptions
be much better than guesswork? Here
certainly is provocation for an official
crusade.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11
BOOKS RECEIVED

TRUSTS OF TO-DAY. Facts relating to their
promotion, financial management and the at
tempts at state control BY Gilbert Holland
Montague A. NJ. of the department of eco
nomics and sometime Ricardo prize scholar in
economics at Harvard university. New York:
!, Mcclure, Phillips & Co. Minneapolis: Nathan
lei Mccarthy. Price $1.20 net
AT THE BIG HOUSE. Where Aunt Nancy and
Aunt 'Phrony Held Forth on the Animal Folk
BY Anne Virginia Culbertson. illustrated by
q. Warde Blsisdell Indianapolis: The Bobbs-
Merrill company.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11
chicago's antibillboard ordinance ha

Chicago's antibillboard ordinance has
been declared invalid by the appellate
court It's drastic provisions were pro-
nounced unreasonable. Chicago has been
leading the way in the movement against
in the courts will discourage other cities.
Now is the time for the IT will spirit
to assert itself and show that such a
palpable nuisance can and must be
abated. There must be some reasonable
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

The Pioneer Press couples demand
for change to appointive railroad COM
missioners with an Endorsement of the
present incumbents. If the elective sys
tenn has not produced good results, why
continue in office the men who are re-
sponsible for the failure?
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

There are 1900 churches In Moscow.
They are the wealthiest churches in the
world. One, St. Saviour's, cost $4,000, 900
roubles-nearly $14, 900, 0OO-to build. The
Russian church is the nations great
wealth storehouse-the nest egg which
will be Matched out when the great crisis
comes.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

AN INVITATION is extended to all to visit
the Press Room, which is the finest In the west.
The battery OF presses consists Of three four
deck Goss Presses, with total capacity Of
ia, 600 eight-page Journals an hour. printed.
folded and counted. The best time to call 10
from 3:15 to $3.50 p. m. Inquire at the bust
Dess office and be directed to the visitors gal
iery
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11
n11REAu,
TRAVELLERS ABROAD

Will find The Journal file as follows:
LohDON-U. S. Express Co.. go Strand; Ameri.
can Express Co., Waterloo place.
DENMARK. S. Legation.
PARIS-Eagl gle Bureau, 80 Rue Cambon. Resi-
dents visiting Paris can have their mail or
kilograms sent care Of this Bureau and the
same will be forwarded to them or held Tor
their arrival.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

A correspondent Of Pittsburg paper
who has been travelling in the Transvaal
says that the country shows the devastat-
ing effects of the war. Gatsrand circuit
just before the war with Great Britain
was one Of the most fertile and populous
of the agricultural districts of the Trans
vaal. Now, three years after the war, it
is a desert Its population has been killed
IN battle, died Of fever or has wasted
away in grief and perjury. The few that
were left emigrated. War is hell.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

The Oak and Kenwood car just lodged
a train on the Oak street grade crossing
the other day. A good newspaper story
spoiled, and we're glad Of It.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11
Turpentine from Stumps.

Figs cannot be gathered from this
ties, but good turpentine can be extract
ed from an old pine stump, and this
fact is the basis Of a new industry re-
ported from northern Minnesota The
promoters Of the novel enterprise are
asking farmers for the privilege Of
clearing their land Of stumps.
Such a proposal comes to the owner
Of a ''cut-over" farm, whose ribs are
sore from contact with the plow hand
les in futile efforts to dodge the OBJ
trusive stump, like a message of de-
liverance. All the promoter wants is
the stumps, and the farmer sincerely
wants him to have them, so a bargain
Is easily struck. The turpentine men
go on the land with a stump pu1ler
and extract all the remnants of the
forest, hauling them away to the plant
where the turpentine is extracted, and
all the stumps, pine or hardwood, are
burned for charcoal. 1t is asserted
that the stumps are rich in turpentine
and that the process yields good f1nan-
cial returns.
Hitherto the manufacture Of tur-
pentine has been practically confined
to the SOUTH where the yellow pine
is very rich in all by-products. White
pine yields them in comparatively
small quantities. It is not likely that
the industry will ever reach great pro-
portions in the north, but as long as
the turpentine man finds his raw ma
terial cheap and easily accessible, he
is likely to carry on the good work.
What Minnesota is more interested
in is the elimination Of the stumps.
Some cut-over land really needs them
to decay and thus enrich the sandy
soil, but there are large areas Of good
farming land, especially adapted to
potatoes, red clover and other crops
that will be much more valuable when
entirely cleared. It is an enorm GUS
labor for the farmer to clear a quar-
| ter section of these distinctions
| When it is done, he can put in a larger
crop acreage, and raise more, to the
acre, but the clearing means years
Of labor. II he can have it done fol
| him by the turpentine and charcoal
| producer, he will not begrudge his
benefactor a handsome profit.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

There were 595,s31 tons Of manufac-
tured iron ptGducgd In France during
1908, decrease Of 43 TAO tons as. com
pared with 1902. The approximate con-
sumption of coal, coke and briquettes In
France during 1908 was Al 100000 tons.
an increase OF 100000 tons as compared
with 1902
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11
THE MINNEAPOLIS JOURNAL.

scheme OF regulation that will at least
mitigate the horrors Of the oyergrown
billboard
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

Judge Collins friends in his home town
of st. Cloud, and that includes about
everybody, have started out to nail the
story Of disaffectton there. At a meeting
Wednesday evening 200 republicans signed
the roll OF a Collins club as fast as they
could get to the paper, and others have
been coming In ever since. 1t is predicted
that 500 names will be enrolled within a
few days. Charles B. Cheney.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

The Philadelphia police recently de-
stroyed about $4,000 worth Of slot ma
chimes by means Of which the public had
been betting against plugged game.
Pasted on the inside Of the locked doors
Of some of these slot machines We're
secret operating instructions. One rule
said: ITO change the percentage, plug
up the color that Is paying too freely, but
never have all plugs in at one time"
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

Job had few boils, but it is not re-
corded that Bildads large yellow dog
buried his bone in Jobs flower garden
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

But why continue? All that you need
more to fascinate this bold and manly
Englishman Is a papa with bank ac-
count that can be made to rise to the oc-
casion. "A. J. R.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

The Collins meeting in the eighth ward
last night was the .'real thing from the
standpoint Of attendance; enthusiasm and
oratory. It set mark which will be hard
to equal.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

A Fatal Epidemic Of Marrying and Being
Given In Marriage Among the FaIrmont,
Mimi, School Teachers-one Room In
the Schools In Which No Teacher Can
Get by the Second Year Without Be-
corning BIushIng BrIde-A Fierce Rush
for This Situation.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

The Collins-Dunn contest in Blue Earth
county will be fought out just the same,
and the Collins men are confident Of win
ming. If they control the convention they
will have a committee confer with Mr..
Young and select the delegation, which
will not be instructed on the governor
ship, but will be of a Collins complexion.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

Dispatches from Princeton, N. j., an
nounce the death there Of Laurence Hut
ton, the author and essayist, at the age
Of 81. The collection of hand casts from
which Helen Keller's hand is pictured in
this column to-day was the property of
Mr.. Hutton, and the verse printed with
the hand is his.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

Attorney Frank Sasse of Fairmont is
hurt and threatens a libel suit because
Of the following notice in the Independent:
''It is reported that Attorney F. e.
Sasse is looking for a house to rent.
This-in connection with another item in
this paper, put together-would indicate
a partnership other than for transacting
legal business
y The Independent man chasing the illu-
sive item and trying to put it into read
able form didn't mean exactly what he
wrote. Still, Mr.. Sasse feels somewhat
damaged.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-11

A. H. Hall has filed for the republican
nomination for congress in this district
and a contest at the primary election is
now assured It Is pretty sure to be a
three-cornered one. as w. T. Coe has
made open announcement Of his candidacy,
and says he will file soon.
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1904-04-06
WILLIAM RANDOLPH HEARST.

college and he would furnish the mon
ey for her highest possible education.
After her graduation be took her
and her mother on tour Of the world
that she might have the culture Of
travel. She is very beautiful wom-
an, with a charming personality. She
is much beloved by the mother Of Mr..
Hearst.
"Mr. Hearst is strict moralist and
holds women in high esteem.
"His charities are unbounded. Ev-
cry winter he furnishes free coal, food
and raiment to thousands Of the suf-
fering poor of the tenement districts
Of New York, which city IS his pres
snt residence. He sent out three re-
lief trains-one from New York, an
other from Chicago and another from
San Francisco and hurried supplies
to the Galveston sufferers. he gave
large sums for the relief Of the Jews
in Russia; also to the victims Of the
st. Pierre volcano district.
"As a newspaper nAn he has had a
remarkable career. he understands
the business in every detail, from set
ting type to editorial writing and
business management. His first ven
ture was the San Francisco Examiner,
which he took when it was almost de-
funct. He put life and enterprise into
it until it has the largest circulation
Of any newspaper on the western coast.
He owns the Los Angeles Examiner,
Chicago Examiner, morning paper,
and the Hearst Chicago American, an
evening paper, the latter having the
largest circulation of any Chicago
daily. In New York he owns and runs
the New York American, the Evening
Journal and Das Aorgen Journal.
"He is q devoted advocate Of the
principle Of equal rights for all: spe-
cial privileges for none He is an
aggressive foe Of the new form Of hu-
man slavery known as trusts
"He prevented the waterworks Of
New York from going into the hands
Of q few monopolists known as the
Ramapo robbers. BE smashed the Ice
trust Of New York at an expense Of
$25O,OOO to himself, and the babies Of
the tenement districts call him blessed
He killed the food trust and IS now
locked in deadly embrace with the coal
trust, at the head Of which is Mr.. Baer,
who claims that the Almighty and he
are in partnership to rob the fresides
Of America in the interest Of this most
grasping combination.
DOUBTLESS If be is nominated for
president on the Democratic ticket he
would cause these combinations to
tremble in their boots.
with such 4 man for candidate on a
wise and conservative platform the
Democratic party will doubtless make
a lively campaign that will put metal
in Republican ranks"
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1904-04-06
WOMAN's PEN PORTRAIT.
Helen NJ. Cougar. Noted American
Writer, Describes William
Randolph Hearst.

In these days, when much IS being
written about leaders il national Life, a
woman's estimate CT prominent indi-
viduals is always apropos. Helen NJ.
Cougar, who has met nearly all OF
Americas noted men and who has
written numerous interesting stories
and interviews, published the following
in the Lafayette QId) Call:
"Who is William Randolph Hearst?
'I will answer as I know the man.
'A1r. Hearst is fCrty-ona years old.
Gle was born in San Francisco.
"He is the only child Of the late
United States Senator George Hearst
and Phcbe \. Hearst.
His ancestors were Of North Caro-
lima and Virginia stock, his mother be-
ing descendant of the Randolphs Of
Virginia. His mother is noted for her
great charities, having endowed the
University Of California.
HE is a most devoted son and CO.
operates heartily with his mother in
business and benevolent enterprises.
"He was educated IN the public
schools of San Francisco and in Har.
ward college.
''He is a man Of fine physique, robust
health, indomitable energy and great
executive ability. He is business
man in every sense Of the word.
"He is exceedingly temperate in hab-
its, never CANDLES or races horses, but
is a devotee of the automobile. he
once owned a yacht, but during the
Spanish-Anerican war it was fitted up
as a cruiser at his expense, and he pre-
sented it to the government, then en-
listed himself as private in the war
and risked his life on the firing line
before Santiago.
in April. 1903, he married Miss Milli-
cent Wilson Of New York. There Is
a charming romance connected with
this marriage. Miss Wilson was a
poor girl. Mr. Hearst met her and fell
desperately in love with the vivacious
miss. His affection was rec1procated.
He requested her parents to put her IN
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1904-04-06
To Prosecute Trusts.

If house bill 11,SSS, introduced at the
beginning Of the lffty-eighth session,
becomes a law United States attorneys
will be empowered, without instruc-
tion from the attorney general to in
stitute proceedings against trusts that
unlawfully restrain trade and COM
merce Circuit courts are given jurfs-
diction to prevent and restrain viola
tions Of the antitrust act and 1t will be
the duty Of district attorneys to bring
proceedings against offenders. The
Hon. ". R. Hearst, representative
from New York. Is the author Of the
bill.
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1904-04-06
Selling md Ruyfnc,

The department Of commerce and
labor recently published the statement
that the average cost Of living in Amer.
lea has increased 16 2-3 per cent. This
statement is based undoubtedly on
wholesale market quotations.
Since Nov. 1, 1908, there has been an
average reduction Of wages throughout
the manufacturing .centers Of the east
of 10 to 90 per cent. Flour and other
foodstuffs have increased in price since
the same date.
The price of newspapers in the great
cities has been reduced two-thirds in
fifteen years. The cost Of producing
them has increased. Notwithstanding
these conditions" says William Ran
dolph Hearst, my papers pay hand
some profits, and wages are higher and
the hours Of toll reduced"
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1904-04-06
Hfs First Shad,

Abner Stone had lived finland" all
his days and knew all there was to be
known about pork and beef as articles
Of food. His acquaintance with the
products of the sea, on the other hand,
was very slight. Once, however, when
at the seaShore he was introduced to
sbad and asked how be liked it.
WELL" said the old farmer, with q
brave attempt at a smile, 81 calc'late I
shell when I get kinder wonted to 1t.
mebbe, but It does seem, jest at fust,
ye know, consid'able like tryin' to eat
q paper O buttered pins!'