davidaulloa/AmericanStories huggingface dataset:
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
Not All SPECTATORS.

Men whose business interests lie in
or about Wall street, or who are iden-
tilted Indirectly with that great CEN
ter Of speculation are emphasizing the
fact that Nipple, the Philadelphia
bank wrecker, was not a plunger in
the stock market. Wall street comes
in for so much condemnation, the ma
jor portion probably deserved, that it
affords some satisfaction to a Wall
street man to find that not all the
financial skulduggery can be traced to
the stock ticker
In the. popular mind the securities
market andssthe grain market are most
closely associated with the idea of
risk. Let it be limited that speculation
is the cause of a man s downfall, and
a mental picture Of the Stock exchange
floor or the crowded wheat pit arises.
Nevertheless. speculation is not thing
confined within particular bounds. If,
as has been said, hades is not a place,
but state of mind, so speculation is
not particular commitment in par
ticular way, but rather; the yielding to
the state of mind that calls for a dis
regard of the principle of small profits
and minimum risk, for the greater
possibility of profit and the greater
risk. A man may never 90 near Wall
street or the wheat pit, and yet be-
come rank speculator and travel the
road to ruin. =
When John R. Walsh got into trou-
BILE, and the Chicago National & Home
Savings bank failed, first expectation
was that disclosure of some great deals
in stocks or wheat would come out.
But Walsh was speculator in another
way. What wrecked him was new
and non-productive railroad, stone
quarry and other enterprises that he
was trying to make profitable. !,
Stensland: wrecked the Milwaukee
Avenue bank Of Chicago. and again
there came to. light the doings Of "a
plunger. He was aspeculator in the
management Of his mercantile business
before he became a banker and in al]
his real estate and commercial deals he
remained a speculator.
The latest is the Nipple .defalcation.
Here it develops that Nipple was back.
ing plunger; q man who built sugar
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
Free Art.

The advocates of free art claim to
have found in President Roosevelt g
letter to Congressman Watson substan-
tlal encouragement for their cause. In
that letter the president said: "But
whenever given rate or schedule be-
comes evidently Instantaneous to
the nation n II = and where il is
feasible to change this rate or schedule
without too much dislocation to- the sys-
tenn, it. will be done.' 49,
The advocates / Of: free art declare
that If this sentence means anything it
means that the art schedule will be
taken up in December and works Of art
placed on the free list. ~--s.,s .4,-,
The system of protection can scarce
y. be SO delicately adjusted that it
will suffer the Wrenching of single
joint by the free admission of pictures
and statues. The art schedule is not
protective schedule. It is avowedly
revenue tariff. When the Dingley
law was enacted it was expected to
bring in a: million dollars annually. It
has brought in about half that amount,
But even this is no longer needed. The
country has plenty Of revenue. The
only argument that could now be used
against free art. would be that if the
revenue is not needed congress would
Go better to reduce some other schedule
on which trusts are fattening and re-
tain the revenue from art objects,
particularly as Morgan and other mill
ionaires have filed bonded warehouses
and alleged public museums with pieces
OF art worth fabulous sums for the
sake of escaping the duty thereon. The
"plain people, would dearly love to
see MIR. Morgan "settle' before un-
settling the law.
But this narrow view of the subject
should have no weight with congress.
Free art means free education of a
noble sort. 1t can hurt no one but
American artists and American artists
are the stanchest supporters of free
art. They are in the position of being
protected against their will. The only
excuse congress can give them is that
the schedule is apart Of the "systen. -
But it the system is so interdepend-
| emit that the art schedule cannot be re-
formed it" is, indeed, immutable. It
can never be changed without knock
ing it all downsSands building up again
from the bottom
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
The President and His Party.

PRESIDENT Roosevelt is the largest as.
set Of the republicans in this
campaign, as he was two years
ago. Our Washington correspond.
ent has recently paid a visit to the re.
publican headquarters in New York and
describes the condition of the repub.
lican campaign as it appears at head.
quarters, concluding with the statement
that - the strongest factor in favor of
republican success thus far is the feel
ing among all classes of people that
President Roosevelt ought not to be
handicapped during the two remaining
years of his administration by an un.
>friendly-that is to say, democratic
house of representatives.. Neither the
performances of the last session Of con-
gress nor the general condition Of pros
perity, tho urged as sufficient reasons
why republicans should be elected to
congress, are after all as effective and
influential considerations with the peo-
pie as the fear Of handicapping the
president in his progressive and con-
structive policies by an opposition
house which would bar the way to fur
Their progress along the lines which have
made his administration so brilliant
and so memorable. !,
The condition of financial distress
which prevails in both democratic and
republican congressional compaigns is
pathetic. The dollar apiece subscrip-
ton fund does not pan out. AS mem
Der Of the republican national commit
tee says, cit is all talk and no dough. -
The popular Q prejudice against finan-
ciering national campaigns out of the
treasures of great corporations, which
in this way gain an influence in legis-
lation and administration that is un-
fair to the people, is not only no longer
possible under the policies of the ma
tional committees, but continuance in
it would be practically fatal to party
success besides. And SO the appeal to
the people is on the record Of the past
session, the wisdom of letting well
enough alone and the loyalty of the
people to the president, which last is,
after all, the chief reliance of the re-
publican managers in this contest.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
In the Interest of Accuracy.

To the Editor Of The Journal.
During and soon after the encampment
at Minneapolis divers old soldiers made
statements to your reporters that to say
the least, need correcting. One that 7
recall was Of a. certain major forcing his
way into Richmond the morning of the
Sd of April. No force was needed.
The facts are the pickets of the Ninth
Vermont and some other regiments under
command of Captain A. E. Leavenworth
OF the Ninth Vermont led the advance on
that glorious morning. The Twenty-ffth
(negro) corps lay to the left and their
officers tried to run their men in ahead.
but the right of way belonged to the
above portion of the Twenty-fourth
white corps. At the city limits the
mayor and other city officers were met
and they desired to surrender the city.
Captain Leavenworth replied. like the
sensible man he was, that he had no au-
thority to accept the surrender, but
would hold the line against the colored
troops, who naturally were anxious to
get into Richmond first, and all others,
including the city officials, until Cen
eral Weitzel and staff should arrive. And
when the general came he had a body
guard Of a squadron of Massa chusettts
cavalry, and passed on into the city.
These men hoisted their flag on the cap
itol, and Massa chuSettS claims first
troops in Richmond whereas the facts
are the Vermonters were there at the
city limits first.
A Ninth Vermonter also says he
crossed the pontoon bridge with his reg
iment, which entered Richmond on that
bridge, which Is not so, Richmond being
on the north side Of the James and the
troops. including the Ninth Vermont,
were on the north side of the river. The
regiment later did cross the bridge, going
over to Winchester and it was no joke
to walk or march on that swaying struc-
ture. E L. Browneu
Late Captain Ninth Vermont Volun-
teers.
Spirit Lake, Iowa, Aug. q.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
The English Educational Fight.

The noisy agitation in England
against the Birrell education bill is as
| difficult to understand in this country
as the bitter antagonism in Fra nee to
the separation of church and state.
Having never had state church and
our education having, from the first,
been purely secular, we are not in a
position to appreciate the fine points
of the debate. There is a suspicion,
however, that in England there was
considerable politics in the opposition
to the Birrell bill. It seemed favor
able chance to attack the liberal min
lstry and to pull it down by rallying
the established church, the Catholic and
the Scotch churches against the non
| conformists. The effort failed since
the bill passed, but by reduced major
ity.
The point about the Birrell bill oppo-
sition that strikes an American as tho
roly illogical is it's assumption that a
subject may be compelled to pay taxes
to support schools which teach a reli-
glous doctrine which he does not ap.
prove. This is very different from the
American idea that citizen is bound
to support schools which teach no doc
trine at all, but is at liberty to tax
himself to have his children taught the
particular doctrine to which he sub
scribes. :,
It was this assumption Of the gen
eral taxing power to cover special
brands OF religious teaching which led
to "passive resistance. - Many non
conformists refused to pay the rates
charged against their property for
schools under the Balfour act,
and allowed their goods to be
| distrained and sold. One MUM
cipality refused to assess the
school tax at all and this brought the
matter into the courts, where a decision
resulted to the effect that whatever the
author of, the bill meant the language
be employed did not Justify the inter
probation placed upon the law. It did
not command, but permitted school dis
tricts to levy the school tax. Conse-
quently the political division which re-
fused to levy the tax was within its
rights. The essential feature of the
Balfour act thus fell to the ground and
the essential feature of the Birrell act
was apparently made unnecessary.
But this decision is made on a tech
nical point that the law did not en-
ploy the. language it meant to employ.
1t does not settle on broad ground the
question whether the people of Great
Britain must tax themselves for de.
nominational schools.
In America this would be a legal
| question. The courts would decide it
on constitutional grounds. But in
Great Britain there are no constitution.
al grounds since there is no constitution
that judge can lay his hands on. It
is legislative question and must be
finally settled in the parliament.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

The sensational development, Of the
failure of the Real Estate Trust com.
pany in Philadelphia is that President
Nipple had not had a meeting Of the
directors of his institution for nearly
three years. It is to be hoped the di-
rectors are good for the bank 8 liabili-
ties and that they will have to pay
them. This startling fact of no meet
ings emphasizes two points which
should be kept in mind. One is the OBJ
legation of the director or trustee to
the public and the other the unwisdom
on the part Of the deposition of doing
business with one-man banking in
stitution.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
Reaching Corporation Values.

The steel trust, as owner of the large
ore properties and iron range railroads,
Is the largest Minnesota taxpayer.
Since the increased valuation of the
mines it is estimated that the trust cor
porations will pay $1,500,00O in direct
taxes on the mines, ore lands and ore
stocks, and in addition 100000 in
! railroad gross earnings taxes Out of
the two millions and half, the state
treasury will receive approximately
$l,l5O, 900, the rest going to county and
local governments.
1t is only fair in every way that the
iron ore properties should pay their
full share Of taxes. These mineral re-
sources are doing the state but little
benefit in proportion to their value, and
the ore is being taken out of Minnesota
as fast as steam shovels and whalebacks
can accomplish the work. While the
wealth is in sight it should be taxed.
The steel trust cannot dodge or evade
taxation in this state, even tho the
United States Steel corporation has no
illegal existence in Minnesota. It's prop
2terties are visible and cannot escape.
The other great corporations of ma
stional scope are more fortunate. Their
actual property in the state is small.
The volume of their business is enor-
nous. The Standard Oil, the harvester
trust, the tobacco trust, the sugar
4 trust, the great meat packers, and other
heavy corporations have taken millions
i out OF the state and have enjoyed the
protection Of it's laws, but in the past
have paid mere pittance toward the
support of state. and local governm ents.
They have paid on a little real estate
and little personal property, visible in
their offices or distributing plants. T..
q The effort started by Attorney Gen
eral Young, and now in progress with
the aid of our assessing officers, is
directed to reaching the intangible
property of these interests in Mime
d sofa. Under the Western Union deci-
sAsion there seems no doubt about the
states power to tax a business on a
basis Of 'funion in use, - treating it as
a commercial entity. on the basis of it's
income value. The task set for the au.
! thorities is to determine this value
fairly and secure payment of the tax
It will be fought bitterly, but it will
be one of the big questions to come
before the state board Of equalization
next month. It was a year ago that the
movement was started, but the board
at that time could do little because the
corporations had not been touched by
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
Guessing ON the Cheese.


Great excitement was noticeable the
hostelry, off Cheapside., An elderly
couple guessed very near the size and
weight of the historic cheese-a feat
successfully accomplished only seven
times in 200 years. City men who
have lunched regularly at the restau-
rant for forty years or so making daily
guesses without hitting the mark, were
reused to enthusiasm not to say ieal-
oussy: 49,.
cheese is a. quaint finish to a lunch
con at l O'Clock in the afternoon. The
tables are set On three sides of a
square with places for sixty-fve per-
sons. carved seat is reserved for
the chairman, man of rs, attached
to the restaurant, who acts daily as
the host.
The cheese is usually segment Of
cheddar The portion borne in is some
where between thirty and forty pounds
in weight, some times over two feet
high and of noble girth. On its ap-
pearance the chairman taps with a
wooden hammer for silence.
Gentlemen, we will proceed with
the ancient custom Of guessing the
cheese,' he says impressively.
Walters give each guest a slip Of
pe'POt WIN OpdCCo 1CIG LUZ cSCluldIeS OIL
the height, girth and weight of the
cheese. Meanwhile the cheese has
been placed on a revolving pedestal in
front Of the chairman, who solemnly
takes from a cabinet spirit level and
long rule and attempts to measure.
A pair Of scales is produced from under
the table, and the chairman cries,
i" Gentlemen the height9" With be-
coming dignity he swings the cheese
around slowly so that all may see, and
in turn, after due interval, asks the
company. to record their ideas of the
girth and weight. When all have writ
ten, the chairman measures and weighs
the cheese, and should any one be
right, as seldom happens, the proprie-
tor asks the guests. to- drink to the
health of the winner in a champagne
The present chairman once achieved
this distinction, and on Aug. %, 1887,
another gentleman. immortalizedr him
self by a correct weight. There have
been only five other winners.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

A Cincinnati woman complained Of
her husband that he compelled her to
eat all kinds of breakfast foods and de-
MED her beefsteak, caramels and every
other proper food. After having con-
sumed tons Of Bale-a-hay, Shaker oats,
Rusted wheat, and Scalloped peas she
concluded to return to civilization by
way Of the divorce court.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
Editorial Section.

the assessing officers. This year as
se fN have been levied, and the
state board may raise or lower them at
Will. The courts will then decide
whether the assessments may be made,
and whether they are reasonable. The
success Of such a movement will work
a revolution in methods of taxation.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

For the second time within nine
months a seat On the New York Stock
exchange has brought 5000; this not
withstanding the prediction that the
New York transfer tax would drive the
business to- Hoboken and cause grass
to grow in the middle of Wall street.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

Champ Clark Of Missouri has been
shown that Bryan is the only logical
candidate. Champ was led away for a
time by his bump of self-esteem, but
he has learned that no man who bites
his front name in two can be president.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

William Randolph. Hearst, late candi-
date for president and reported candi-
date for governor of New York, is in
terested in lawsuit over 'bum''
check given by a prizefghter Willie
Randie is certainly a versatile indi-
vidua1
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
james Gray
MANIFEsTDEsTINY CARRIES CLUE
Philadelphia Record.

If the Cubans keep up their revolt
much longer they, too. will be apt to
learn what is meant by manifest des-
tiny and the predestined march Of civ
ilization. III
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

A. w. Greely,s.who is one Of them,
says the United States army has so many
generals it does not know where to put
them, What is the matter with the re-
tired list? IT,.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
STILL ON THE HOG,

Charleston News and Courier.
Notwithstanding all that was said about
poor old Russell Sage, We do not find Il
much easier to make living now that
he is gone.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
A TOUCH OF YELLOW.

Philadelphia North American
4 Newport society women are now hav-
ing their gowns made to match their dogs
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

By the way who is this democratic
bard, Scott, whose. tough lines Mr..
Bryan quotes. No one seems to remem-
Der that he ever carried a precinct for
anybody.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

The meanness. of some men is en-
tlrely due to Indigestion, but it is a
poor excuse that you swallowed more
food than you could assimilate. "
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

The Journal felt sure all along
that its special correspondent, Mr.. Will
liam Jennings, Bryan, would be warmly
welcomed when he came home.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

That great silence you hear rever-
berating thru The hills and valleys is
perhaps the Cannon boom trying to
make another noise.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

We are about prepared to hear that
our old friend, Baron Roorbach, has
taken his pen in hand.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
SIC TRANSIT
.Roston Transor,nt

Boston Transcript.
The witches will probably dance with
more fendish glee than ever, now that
the North End home of Cotton Mathel
is to be torn down
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
1T MAKES COPY
Detroit Journal.

TO- DetrOlt journal.
The way the president keeps on saying
mo" to that third term proposition would
indicate that he has lost confidence in
the arguments of his magazine advisers,
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
POLITICAL MYSTERY

Detroit News.
4 The Iowa tariff plank leaves everybody
wondering what the fight was about.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
HOW UNREASONABLE
Kansas CITY Star

WV
:. The demand, Mr. Cannon, is not so
much for president who will look
like Lincoln, as for one who will per
form like him. -.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

Loose 8 \ and spun sfnto silk, is worth
1900. Al,
II this is the case, some Of Mime
sofas stripped acres may well be put
back into pine. -
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

While not exactly a crucial question
at this hour, the public would be glad
to hear whether Depew intends to re-
sign. ss5 Is 81
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

h Palma is winning isome sad but glori-
Gus yict tories over the. Gomez family.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

General Apathy appears to be about
ready to withdraw from the local CAM
paign. (,
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
The Politicians Wife.

The nomination of Hoke Smith for
governor of Georgia involves a pretty
story Of personal quarrel which
has led to the total downfall
OF once paramount politician
in his state. Hon. Clark Howell is
the acknowledged leader of the demo-
Gratis Of Georgia. He is the national
committeeman, the editor of the lead
ing newspaper of the. state and the
feasted and feted intellectual giant of
the party. He has been slated for up
ward Of two years for the governor
ship which Hoke Smith has now won
away from him. = = p 3 4:
The beginning Of that defeat dates
back to more than a year ago, when
Smith was casually mentioned for gov
ernor in newspaper. The Howell pa
per. commenting upon this compliment,
declared that nothing would please Mr..
Howell more than to illustrate to Mr..
Hoke Smith how dead he was polit-
ically by beating him for governor.
Hoke Smith, who is large, placid, and
who has no laundering for politics. was
inclined to let the challenge pass; but
his wife, with some inherited fighting
blood in her veins, took the paper to
his study and declared that, for the
honor Of his children he must announce
himself candidate for governor and
beat Clark Howell. d.. :
Like good citizen, Mr.. lHoke Smith
obeyed his wife, and the result is that
he. is just as good as elected governor
of Georgia, and Mr.. Howell's halo
hangs in tatters round his ears.
This fable teaches that before you
defy a fat man you should learn
whether his wife is not young, why
and full Of fighting blood inherited
from ancestors who ssfit' the British
at Bunker Hill and the Cowpens.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

AL papers are continued until an explicit order
is received for discontinuance and until all ar
.rearages paid. i.E-:,&s
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

PAR1S-Journal on file at American Express,
I'll Rue Scribe, and Eagle Bureau, So Rue
Cambon.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

LONDON-Journal file at American Express
office Waterloo place, and U. S. Express
. office 80 Strand.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

OENMARK-Journal on file at American Lega
ton, Copenhagen.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

PUBLICATION OFFICE-Minneapolis Mimi,
Journal building, 47-40 Fourth street S.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02

NEW YORK OFFICE, CHICAGO OFFICE,
world Building. Tribune Building.
o'MARA & oRMsBEE, REPRESENTATIVES