The daily sentinel., 1905-09-30

Mr.. J. Pierpont Morgan will not
wear that Czar-like attitude when he
is compelled to bring the books of the
tirm of j. p. Morgan & company be-
iore the courts that are investigat-
ing the record of the Equitable
Morgan has all along endeavored to
make the people believed that he
owned the lamp of Alladin and that
all that was necessary for him TO do.
was TO burnish the lamp and money
was forthcoming for all of his
schemes. Does anyone wonder in
tho least thai with the millions he
longing to the policy holders of the
Equitable. 10 which Morgan has ac-
cess. that ii was easy to carry for
ward the delusion. We want to see
some of the hateur of Morgan brought
low, as he is. as Tom Lawson has
painted him an ogre that has little
fight in him, il he is cornered.
. Q o
The Chamber of Commerce receives
many letters containing propositions
for the establishment of small in
dustries here, which its directorate
would like TO obtain and offer en-
couragement, but there are no means
provided for such work The giving
of bonuses while perfectly Legitimate
have been built on just such prem
ises. We cannot afford to wait and
wait eveplastinglv for industries to
seek us. We must offer some in
ducements to encourage those who
have the backing to bring such in
dustries here. How to raise such a
fund or obtain something which may
be offered as inducements for such
industries to locate here is that TO
ttrlf fplt ..ff
direct its work the coming winter.
oOo
Secretary Shaw, of the presidents
cabinet, who this early has announc-
ed himself candidate for presiden-
tial succession, says our currency is
not sufficiently elastic to meet our
growing needs. Does not this sound
considerably like Democratic doe
trine. That it is the truth is un-
questionable While we have a larger
per capita than ever before, the needs
Of the country. our tastes, have grown
proportionately and we must have
sufficient currency or suffer in the
end. At a meeting of the National
Bankers association Secretary Shaw
said that while We may need elias
ticity in our currency, IL will not be
provided by legislative enactment, un-
til we are suffers from trade depres-
sion. because of lack of same-in
other words we must have period of
stress times. We hope that from
the position Secretary Shaw occupies
that we may succeed in pointing out
to the Republican party or some other
party this great need and avert any
thing which may look like a period
of stress financial conditions
o 90
The early part of next week the
city council viii meet in special ses-
sion to consider the grades that have
been worked out by City Engineer
! Haskell, from the prohles made by
him several weeks ago The action to
be taken by the council at that time
will be final and as the grades are
adopted they win be Incorporated
into an ordinance and become the
fixed grades of the city. Before that
time there ought to be some move
ment to determine whether there Is
any concerted desire upon the part
| OF the residents in any section OF the
city to have the streets upon which
they reside parked. II is certain
/ that, If il is the desire of Grand June
I ton property owners to add to the
value of their property there is no
surer way to do than to secure the
parking of n number of squares on
any certain street. The Sentinel
urges this matter at this time be
cause 1t is the proper time When the
grade Is established IL viii be a harder
matter to create the parking than It
will be now, when the matter IS com
| ing up for consideration.