davidaulloa/AmericanStories huggingface dataset:
The Florida agriculturist., 1906-12-19

table result of the present trend Of
industry
[ believe that the hopes and the
fears are alike groundless. Not only
is the demand for horses as good as
it ever was, in spite Of his displace-
tnent on street railways, ETC., but
there are good reasons for thinking
that the horse will become OF greater
rather than of less relative Importance
1t is not merely that the motors now
in use fail to take the place Of the
horse, except in very limited field,
but that in the long course of time the
energy OF the horse will outlast any
motors such as we know today or
which use the fuels that we are now
familiar with.
The power to do work must come
from some source-it may be water
fall, coal mine, an oil or gas well,
windmill, a living animal or the al
cohol made from vegetable products.
To a limited extent the direct rays Of
the sun have been utilized and so
have the tides, but the work Of the
world is done principally with the
power derived from coal and the pow
er derived from horses.
We know how limited is the appli-
cation Of some Of these powers.
The oil wells of the world are kept
busy illuminating the world and they
do only part of that. Gasoline, which
is derived from the product Of these
wells does little of the cooking of the
world and runs few engines, but if
called upon to do the brunt Of the
farm work OF the world would most
certainly give out. Waterfalls are ex-
ceedingly useful to drive factories and
will last as long as the rain falls, but
there is no feasible means Of supply
ing the power of water to the manifold
operations Of farming, and if there
we're it would apply only to limited
areas. The windmill turns as long as
the wind blows, but is manifestly un-
dependable except for pumping water,
grinding grain, saving wood and such
miscellaneous work
AS to the possibilities Of alcohol,
the reading public has been told that
it would take the place Of gasoline
in. driving motors and that it would
soon be cheap enough to compete
with gasoline We will know more
about that in a few years than we do
now, but the probabilities are that the
claims made for it are exaggerated
There is little probability Of alcohol
engines seriously competing with hors-
es in farm work Alcohol will prob
ably be more expensive than gasoline
ard unless it's combustion is much
more perfect than the combustion o.
gasoline it cannot compete with it
for power purposes, for its therma
value is but little more than half the
thermal value Of gasoline Even il
The Florida agriculturist., 1906-12-19

A "ShOrt Talk on Pecans," by Fred
S. Dawson, Starke, Fla. 1t is Free
Write postal card for it.
The Washington times., 1906-12-22
BRYCE SELECTED
AS AMBASSADOR
Secretary to Ireland Comes
to Washington as Eng
lands Representative.

James Bryce, now Secretary TO Ire
land, VII be the successor 10 Sir Henry
Mortimer Durand as British ambassador
to America. This announcement has
been rumOred as likely to be made for
the past ten days and yesterday Mr
Bryce confirmed the report that his ap-
pOlntment had been determined upon.
In selecting Mr. Bryce as the sue
cessor to Sir Mortimer, the formers s
familiarity with American diplomatic
methods and the means by which GER
tain important matters relative to Eng
lish aud American issues may be set
tied have done much TO bring him the
important post at Washington.
Some OF his political opponents are
severe in their criticism Of his seIec-
ton as they are said to assume Cana
dian interests will not be properly look
ed after
IL had been the intention of Mr.. Bryce
10 retain the Irish secretaryship another
year but he found the duties of his
office too much of a strain and relin-
qaished them.
The Washington times., 1906-12-22
Stockholders Meeting.

THE WASHINGTON MARKET COMPANY.
STOCKHOLDERS MEETING The annual
meeting Of :he stockholders OF the Washing
ton Market Company viii be held at the Of
nee OF the company. in Center market on
7th NV. in the city OF Washington. d c..
at Il o'clock noon on the FIRST MONDAY,
being the 7th DAY OF JANUARY, 1907, TO
elect thirteen directors 20 serve the ensuing
year; to vote resolutions TO consolidate
and refund the outstanding bonds OF the COM
pany and provide for future permanent i'm
pToyements floating Indebtedness By au-
thoriElng issue Of bonds 10 the amount
Of Three Hundred thousand Dollars secured
by a deed OF trust on the property and fran
chise Of the company, and to act on any
other matter within the powers OF the cor
poration that may be brought befoI the
meeting. EDWARD r. TINKER, President.
FRANK q. WILKINS, Secretary.
Washington, D G. December 70. 1906.
de2l-3t
The Washington times., 1906-12-22
FORCED TO WALL
BY TIGHT MONEY
Arnold Leo & Co., of New
York, Announce Failure
at Noon.

NEW YORK, Dec. 22.--aught in the
tight money squeeze and driven To the
wall the firm of Arnold Leo & 90. an
nounced their failure on the stock ex-
change today. A slump followed the
news OF the suspension. There was a
semi-panic in stocks or the Northwest
ern railroads, and Northern Pacific. and
Great Northern showed large losses.
L V. Hubbard. assignee of the firm
Of Arnold Leo & Co., hopes that the
creditors may be paid in full. That liabfI-
ides Of the firm are not known at pres
rnt.
The firm of Arnold Leo & Co. is an old
one. 1t has branch Offices in Baltimore.
Philadelphia and Atlantic City. The
partners are Arnold Leo, Edgar +. Leo,
and Robert +. Gowen. The announce
ment or the failure was made on the
STOCK exchange shortly before y O'Clock.
There was quick rush to sell stocks,
and prices crumbled rapidly in North
western railroad stock issues.
Brokers stood not upon the order of
selling, but sold at whatever. price they
could get Tor Northern Pacific and
Great Northern stocks. Reading fell on
Many lightly marsined accounts were
closed out and the selling of ston-lOss
orders aided the decline.
There was banking support in evidence
near the close Northern Pacific lost
over six points, and Great Northern
Elumped on seven points rallvinp
desbly. St. Paul was under pressure ana
declined three points. while Reading
dropped over five
Many stocks at the close showed de-
clines a anywhere from ten 10 thirty
points since the tight money panic has
been I'm progress in the last ten days.
The Washington times., 1906-12-22
ORDER TO STAND.
SAYS HITCHCOCK

Secretary Hitchcock has announced
that ne will not rescind his order with
drawing from allotment about 1900, 600
acres OF land belonging to the Indians
IN Indian Territory. half of which the
Agricultural Department wants to turn
into a forest reserve
1t is expected that resolution on the
subject will be passed by the Senate and
House. The published statement that
the President personally directed the is
suance OF the order Withdrawing the
lands Is denied by Senator Clark, who
says that Clifford Pinchot. chief of the
Bureau. expressly declared in
his testimony before the committee that
the question of the reservation of the
lands for forestry purposes had not yet
teen submitted 10 the President.
The Washington times., 1906-12-22
CANNOT SUE GARRISON
FOR ITS PROPERTIES

A ruling by Justice Clabaugh. Of the
District Supreme Court. holds that Gen.
William f. Barry Garrison, No. 80
Regular Army and Navy Union, cannot
be sued successfully by the Army and
Navy Union for its properties and funds
The Army and Navy Union brought
such suit against this garrison which
when it was Gen. William F, Barry Gar
rison, No &c. Army and Navy Union,
seeded from this organization and
Joined the Regular Army and Navy
Union, because is was dissatisfied With
the manner in which the Army and
Navy Unions annual convention was
held in Newburgh. n. Y.
The decision of tie justice is that the
main body OF such an organization can
not recover from subordinate bodies
their properties and funds.
The Washington times., 1906-12-22
HOLIDAY TONE
IN ALL STOCKS
Prices Move Up and Down
Throughout the Morn
ing Session.

NEW YORK, Dec. 22.-The stock mar
ket opened irregular. Anaconda start
Ell in a higher. Great Northern Ore
certificates gained Is at the outset.
American Smelling ana Car Foundry
gained u. Southern Pacific and Steel
preferred and New York Central Is
Canadian Pacific opened a lower. Read
ing lost u and Atchison u. and Della
ware and Hudson gained a point.
Trading in the market in the first hour
was of a purely holiday character. with
the majority OF the traders doing busi-
ness committed TO the bear side. This
element made renewed attacks on Read
ing and forced the price of that stock
down 3l4 points. to 1850. The Hill stocks
continued under pressure, supposed TO
be due TO a supply on arbitrage trading
against the rights. Government bonds
unchanged; other bonds steady.
The market closed very weak nearly
at the lowest points of the day,
The Washington times., 1906-12-22
N. Y. STOCK EXCHANGE
MAKES BIG CHRISTMAS POT

NEW YORK. Dec. 22.-Subscriptions
to the fund which will be distributed
among the employees of the New York
Stock Exchange as a Christmas gift
from the members are being received
and il is expected the amount collected
by Monday afternoon will reach at least
$14OOO.
AS all employees OF the exchange. ex-
oept the secretary and assistant secre-
tary. will participate ia the division OF
this Christmas plum. the money will be
divided among 400 telephone and mes
senger boys. doorkeepers and executive
Office clerk. making the average bonus
OF each $50.
The Washington times., 1906-12-22
A MIXED QUOTATION.

In a recent case of some notoriety a
lawyer who Is noted for his fiowery ora
tory was defending the sccused Wish
ing 20 emphasize the tender rela ton
that had existed between his client ana
the complainant he exclaimed, I'm the
middle of an impassioned speech:
What does Omar say on this subject =?
n dog and a bone and a hank of hair
and thou singing beside me I'm the
wilderness D." And to this day he doesn't
understand why his respectfully atten-
tive audience laughed.-Kansa City
Star.
The Washington times., 1906-12-22

a spirited CONTROVERSY between two
prominent members OF the local Elk
change over the question of selft-to-self
trading in MergenthalsT. which occurred
yesterday was about ali that relieved
todays session from absolute dullness.
The Christmas spirit was largely in the
ar. and although the peace on earth,
good VIII 10 all men feeling was gen
eral, II was not exulberant enough TO
induce any great amount of trading.
Then, too, reports from New York were
not particularly encouraging, and the
money bug-a-bOo would not down. but
continues 10 thrust itself prominently in
the foreground. Prominent bankers say
the condition is not unlike that which
happens nearly every year. but each
occasion is viewed with alarm by un-
thinking people. and the trouble greatly
magnitied. Under such circumstances
trading is necessarily circurlsCribed and
speculative dealings Is discouraged bv
The banking element. who must furnish
the sinews TO carry on the transac-
tioas.
directors OF the Farmers and Ne
cHaalcs' bank have declared the regular
seni-annual dividend OF per cent. paw
able January 2.
The directors or the American Ma
uonal Bank have declared the regula
seml-annual dividend OF per cent and
carried good amount TO the surplus.
The board OF trustees OF the CONNER
cldl Fire Insurance Company has de-
ciared the regular half yearly dividend
OF per cent. payable January ,.
Trustees Of the Peoples Fire Insur-
ance Company have declared the usual
semi-annual dividend of per cent, pay
able January 2
The Washington times., 1906-12-22
WEST VIRGINIA COAL COLUMN.

at the jamestown Exposition VII be a
pyramid of coal 100 feet high, showing
strata of the various kinds OF coal pro-
duced in the State. This was decided
at meeting yesterday afternoon OF the
commission representing the State in
Senator ElkInE' committee room
The Washington times., 1906-12-22
THE WASHINGTON MARKET

Following are the sales and Quota
tons OF tOday's market:
l02, Sl0On102. SiOOa l6a.
Washington Gas Certificates. s9O0dll3
Anaeostia and Potomac, s per cent.
l0i; S4.O0Oa l0l
IFotomac Electric. 5 per cent 81 .OODa
1853 si,0cG1 103+a 81, ,010diO3s1
Washington Gas, e54t57lA
MergenthaleT lOQIsS, I0Hl9S
LanstOn, 1OO0132s 59dISS.. Is419a.
Greene Copper, lG0Q3I4.
Union Trust Warrants. 7d22.
The Washington times., 1906-12-22
Believes in the Press.

one Of the editors of a leading So
cialist organ said; There may be. or
rather undoubtedly is plenty of corrup-
tion in the United States. but Il will
never become very dangerous as long as
you have your absolutely fearless press
In these last days we have once more
been shown an example Of its power.
and IN his inmOst heart there Is not "a
journalist here who does not admire
your press as represented by the truly
American papers.
Il fan 10 understand how these d0cu-
ments concerning the Congo lobby.
which left no lOOphole of escape, were
collected. To accomplish something IL
seems that We will have 20 send our
young newspapermen 10 America 10
learn their profession The world AT
large owes an enormous debt Of graft
tude 20 the muCh-abused yellow
American papers
The Washington times., 1906-12-22
THE BoER RAID.

The German experience in Southwest
Africa is a warning that incidents Of
this kind must not be disregarded.- =
6anchesto< Courier, England.
The Washington times., 1906-12-22
NEW YORK COFFEE MARKET.
BANK STATEMENT.

The surplus of the banks is s. 2S0. 900
against $4,l59, 400 last year, and SIS, ,247, ,225
two years ago.
Decrease.
The Washington times., 1906-12-22
NEW YORK CURB STOCKS.

Quotations furnished By Charles c. Gates
q Co. Munsey Building. Members New York
stock Exchanged
Vest
The Washington times., 1906-12-22
STOCKS, BONDS, AND MONEY
n. Y. STOCK MARKET
vest

louotations furnished by Charles C. Gates
& Co. Munsey Building; Members New York
Stock Exchanged
The Washington times., 1906-12-22
FINANCIAL GOSSIP. P.

Directors of the Southern Pacific Com
pany have declared the regular semi
annual dividend of ~ per cent on the
preferred stock, payable January S.
The Washington times., 1906-12-22

The improvements to be made at the
Ohio works OF the Carnegie Steel Com
pany, in Youngstown. viii cost several
million dollars.
The Washington times., 1906-12-22

Bduy nave declared the regular SEMI
annual dividend of ~ per cent on the
preferred stock, payable January S.
The improvements to be made at the
Ohio works OF the Carnegie Steel Com
pany. in Youngstown, viii cost several
million dollars.
The director OF the mint yesterday
again declined 70 buy any more saver
for coinage on account OF the high Price
The lowest offer was one OF 200 OO0
ounces at 70065 cents per fine ounce.
Brokers in general were not entirely
pleased with the report OF the Southern
Pacific. although II showed good in
Creases in both gross and net earnings.
The figures We're about what had been
expected.
The Mercantile Trust Company. Of
New York. in addition to its customary
quarterly dividend of per cent has de-
Clared an extra dividend OF per cent,
making a total Of so per cent on the
capital stock Of 81. .OOO. 600 Tor the current
year.
Amalgamated Copper interests are
very enthusiastic over the showing of
the company, and IL is now believed
that II there is no material decline in
copper prices, and such movement is
not anticipated, Amalgamated equity
IN the earnings of the subsidiaries for
the year 1897 will be in excess Of
S20,OOOOOO.
Traders hope that the day of big rights
10 stockholders OF railroad companies is
drawing 10 a close. They do the mar
ket ANYTHING but good, II Is claimed,
and dtsconcert those who have its in
terest at heart Too extensive railroad
financing imposes too heavy a burden
on the money the stock market has to
90 business with.
George II. Earle jr., receiver for the
Pennsylvania Sugar Refining Company.
has received permission from common
pleas court in Philadelphia 10 bring
suit for damages against the AmeTi-
can Sugar Refining Company Mr..
IN the United States courts demanding
at least 5000, 900 damages. but also a
criminal action charging the company
with Illegal exercise OF its control of
the smaller company.
The directors of the Central Leather
Company and the directors of the
United States Leather Company have
called special meeting of stock
holders of both companies TO be
held in Jersey City, January 16 1907
The purpose Of the meetings is 10 take
action on the adoption or rejection of
a joint agreement entered into by the
directors OF both companies December
IS. 1906, for the merger and COnsOlida-
tiOn of the United States Leather and
the Central Leather Under the laws of
New Jersey.
Lemons are supposed to be a warm eli
mate fruit, and yet they have been
atmosphere OF Broad and Wall streets.
At least some Of the eminent horticul-
turists on the New York Stock EN-
change nguTe It out that way.
The Washington times., 1906-12-22

The director OF the mint yesterday
again declined 70 buy any more sHver
for coinage on account OF the high Price
The lowest offer was one OF 2OO, ,OO0
ounces at 70.065 cents per fine ounce.
The Washington times., 1906-12-22
No Extra Session of
Congress for the
Purpose.
MUST PROMISE NEW DEAL
Roosevelt Wants Income
and inheritance Tax
Laws Included.

No extra session OF Congress will be
held next spring 20 revise the tarin-
The tariff will be revised at a special
session Of Congress Immediately fol-
lowing the Inauguration OF the new
President, March 4, 1903. according tc the
decision Of the Republican leaders at
the Capitol. President Roosevelt will
accept this program and the tariff re-
visionists will be unable to oppose IL
successfully, though there viii be more
or less agitation for revision.
Many conferences have been held by
the leaders Of the Republican side Of
Congress and great many arguments.
some Of them heated. have been held.
Many members returned 10 Washing
ton, after having experienced the cleo
tions. convinced that their districts
wanted the tariff revised. Not a few OF
those who held this idea We're them
selves standpatters, but they had
come to realize it was politically dan
gerous 10 delay longer taking some step
toward modification of schedules.
Can't Touch It Now.
The whole situation. however. waJ
gone over In detail and II was decided
that II would be better 10 let the sub
Ject rest until after the next Presidential
election, rather than 10 have a special
session called next spring. Il was gen
orally agreed that IL would be out II
the question 10 try revision at the reg
ular session OF the Sixtieth Congress.
one OF the factors in the situation
that has helped those In favor OF walt
ing until after the 1908 elections is the
Presidents recommendation in his an
nual message that when next the tariff
Is revised the inheritance tax and IN
come tax propositions should be consid-
cred. The President let members Of
Congress who talked with him know
that he believes income tax legislation
and Inheritance tax legislation should
be enacted whenever the Dlngley sched-
ules were readjusted. In some quarters
IL was suggested a special session might
be held next spring TO revise a few
schedules and do nothing else. but 1t
was seen this plan was not feasible, as
there would be a disposition to modify
many schedules and 90 into the whole
subject OF revision
Revision Is Assured.
Congressional leaders understand fully
that II the tariff question Is to be passed
over by themselves until 1909. the coun-
try must have a definite promise of re-
vision at special session to be called
at once after March I. 1900. This prom
Use will be made IN some form. II Is
thought by the leaders. who include
such men as Speaker Cannon, Payne OF
New York, DalzelI, and others. that this
promise viii make it impossible for the
Democrats 10 make much capital Of the
tarin issue ia the 1905 campaign The
revisionists insist the country has been
misled so often on the revision question
that IL will not accept the promise. and
VIII elect Democratic President and
House
President Roosevelt has not been ad-
vised OF the decision of the leaders. but
he viii undoubtedly yield 20 their VIII.
The Washington times., 1906-12-22

Brokers in general were not entirely
pleased with the report OF the Southern
Pacific. although 1t showed good in
Creases in both gross and net earnings
The figures were about what had been
expected.
The Washington times., 1906-12-22
MISCELLANEOUS BONDS.

I. S. Steel 5's:.. 97% 979a s7ll 97l4 s77s
Rock island As. Il Il q Il Il
Rock Island SIS 90la 90ls 90Iz 90iz 9l7s
Gas. Conv,,.....,l40 1907 40 40 1891
Inter. Met. as. 1878 so 1874 50 79zl
Penn. Conv. 1915. 92% 927s 92ss s2% 924.
Total sales yesterday, 6s2, 200.
The Washington times., 1906-12-22

The Mercantile Trust Company. Of
New York. in addition to its customary
quarterly dividend of per cent, has de-
Clared an extra dividend of per cent,
making a total Of so per cent on the
capital stock OF s., ,OOO. 600 Tor the current
year.
The Washington times., 1906-12-22
LOCAL MARKET
DULL AND WEAK
Today'S Business Mostly
Confined to Good Deal
ing in Bonds.
Features of Today S Market
Most Active Bond.
Greatest Net Loss.

Anacostia & Potomac 5's........ss 1000
The Washington times., 1906-12-22
Kaiser Doesn't Sleep.

The nervous strain has affected the
kaiser's health and brought on aa at
tack or his old ear trouble. which causes
him almost unbearsble pain and pre-
vents him from sleeping. When he ap-
peared in the street :he other day he
looked pale. haggard and aged
To an unbiased observer il looks as if
Germany's colonial policy has come to
an end. the reichstag viii undoubtedly
return sun stronger opposed 10 the
waste OF money on Improbable colonies
after the new elections and the tor
rents OF blood and millions OF money
spent in Southwest Africa will bring no
result.
Outside OF thu dissolution Of the
relchstag. the exposure OF the workings
or the Belgian lobby in washington
have formed the general topic OF con-
versation here.
While the ultra conservative press
which has always been anita meriCan,
points To the revelations as a fresh eX-
ample OF the corruption among law
makers and men Of big finance IN the
United States. the liberal and especially
the sOcialistic papers are full Of praise
Of the New York paper which did the
work that caused the Government in
Washington to change its whole policy
toward inteTVen ion in the Congo Ques-
ton in less than a daN-
The Washington times., 1906-12-22
THE WASHINGTON LOAN
AND TRUST COMPANY

once, Corner Ninth ana + Streets.
PAID-UP CAPITAL Sl.0o0, goo.
SURPLUS. $500, 600 (EAREEDl
Loans in any amount made on ap
proved real estate or collateral az Fea
sonable rates.
Interest paid upon deposits on monthly
balances subject 10 check
This company acts as executor ad-
ministrstor. trustee. agent treasurer
registrar. and in all other iduciary ca.
pacities.
Boxes for rent IN burglar and nreproof
vaults for safe deposit and storage OF
valuable packages.
JOHN JOY EDISON Presiden,
JOHN A SWOPEs---........ Vice President
ELLIS SPEAR. ........Second Vice President
ANDREW PARKER. Treasurer
HARRY C. MEEM. Treasurer
BOYD TAYLOR Assistant Treasurer
THOMAS BRADLEY Real Estate Offices
FRED K EICHELBERGER... Trust Officey
REAL ESTATE DEPARTMENT
IL prepared 70 assume the management OF
your real estate. Careful attention given to
al details.
The Washington times., 1906-12-22
WILLIAM MADE ILL
BY REICHSTAG ROW
Fight Over Appropriation
Causes Return of Ear
Trouble.
CONGO LOBBY EXPOSURE
Press of Berlin Take Different Views
of Revelations of Activity by
Leopold's Agents.

BERLIN, Dec. 22.-Preparatlons are
being made to celebrate Christmas In
the usual manner in the Imperial
Palace, but there is feeling OF great
depression in the air. which is being felt
by everyone who gets inside the palace
walls.
The Kaiser has been In exceedingly
bad humor during the last three weeks.
since It became apparent that the
reichstag would not make the called for
appropriation 10 carry on the often
suppressed, but Always existing, rebel
Hon In German Southwest Africa. and
when II became necessary for the gov
ernment either TO surrender OF dissolve
the reiehstag, his majesty IS said to
have had the severest paroxysm OF rage
known TO his surroundings.
Prince Chancellor Won Buelow. who
magnanlmousiy shou'dered the whole
responsibility, although everyone knows
that but for the Kaiser's obstinacy the
crisis might have been avoided has re-
ceiyed no thanks and scant courtesy.
The Washington times., 1906-12-22

Washington Gas................H point