The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1906-12-11
PRESIDENTS EFFORTS IN ENDING
FAR EASTERN WAR SUBSTAN-
TALLY RECOGNIZED.
lEcUREs $40, 600 OF NOBEL BEQUEsT
WILL USE MONEY TO ESTABLISH
INDUSTRIAL PEACE COMMIT
TEE AT WASHINGTON.

Chrlstiania, Norway, Dec. 1.-THE
Norwegian parliament has conferred
the Nobel peace prize upon President
Roosevelt In recognition of his serv-
Ices In ending the Russo-Japanese war.
Candidates for this distinction must
be proposed by legislative bodies,
peace organizations or universities. 1t
is understood that the presidents s
sponsors were Professor H. p. Judson,
acting president of Chicago univer-
sity; Professor Baldwin of Yale, Pro-
fessor Harberger of the University OF
Munich and the faculty Of Georgetown
university, Washington.
The American minister, Mr.. Peirce,
in an eloquent speech, thanked parlia-
ment In the presidents name. He
said that words were inadequate to
express the deep emotion which he
experienced at receiving this distin-
guished testimonial In behalf OF the
president, who recently cabled that he
regarded this prize as one OF the great
est honors which any man In any
position throughout the world could
receive. The award, Mr.. Peirce add
ed, would deeply appeal to the hearts
of the American people. Mr.. Peirce
then read a message from President
Roosevelt expressing his deep thanks
and saving there was no gift he could
appreciate more. The president also
announced that he had concluded to
use the prize to establish at Washing
ton a permanent Industrial peace COM
mittee with the view of maintaining
righteous peace In the industrial
world, which was as important as the
maintenance Of peace in the world OF
nations. The following is the text OF
President Roosevelt's dispatch:
Gratified by Honor Shown Him.
Il am profoundly gratified and
touched by the signal honor shown
me through your body in comforting on
me the Nobel peace prize. There is
no gift could appreciate more and
wish 1t were In my power to fully ex-
press my gratitude. l thank you for
1t and l thank you In behalf of the
United States, for what l did l was
able to accomplish only as the repre-
sentative of the nation Of which for
the time being I am president. After
much thought l have concluded that
the best and most fitting way to ap-
ply the amount of the prize Is by us
ing 1t as fund to establish at Wash
ington q permanent industrial peace
committee. The object will be to
strive for better and more equitable
relations among my countrymen who
are engaged, whether as capitalists or
wageworkers, In industrial and agri-
cultural pursuits. This will carry out
the purpose Of the founder OF the
prize, for In modern life 1t Is impor-
tant to work for the cause Of just and
righteous peace In the industrial world
as in the world of nations"
The Nobel peace prize Is part Of a
beQuest left by DR.. Alfred Bernhard
Nobel, the Swedish scientist, who died
In 1896. BY his will large portion OF
his fortune was devoted to five annual
prizes, each valued at about $4,000.
They were awarded for the most i'm
portant discoveries In physics, chem
istry, physiology or medicines. for the
most distinguished work of an idealis-
tic tendency in the field OF literature
and for the best effort toward the fra
ternity OF nations and the promotion
OF peace. The last named Is awarded
by the Norwegian parliament. The
others are awarded BY institutions at
Stockholm.