davidaulloa/AmericanStories huggingface dataset:
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1907-03-23

largely Increased by succeeding gener
ations- BY this method and, in some
Instances, by the creation of trust
funds. substitute has been found for
the law of primogeniture and entail in
England system which is forbidden
IN America
John Jacob Aston. the first, died in
1S4S. the riches man of his day His
estate was worth 100000, 900. The
bulk OF it was left to his son, William
b Axtor, who devoted himself sedu-
1cusiy 70 the family real estate bust
ness. On his death in 1875 he left
Slsh. DOC. GOO to his sons, $4,000. 900
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1907-03-23

Carnegie, Mrs Sage is the wealthy
giver most in the public eye Many
have heard of the gentle-faced. child
less woman in her seventy seventh
year, who cares nothing for society
and in whom dignity and humor are
dominated by a kindly spirit and
grave responsibilities which she keen
ly regrets Her declining years re-
fleet the simple life she lived so long
with her husband, Russell Sage. the
Dean of Wall street. the so-called
High Priest of Puts and Calls"
When Mr. Sage's will was filed on
July 81 last. Mrs Sage became the
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1907-03-23
Great Fortunes of
Today Not Computed
Under Nine Figures

Not Far Behind Rockefeller, Who
COnfesses to a Quarter of a Billion,
Come Not a. FeU Estates and Private
Fortunes Which Run Into Nine Fig
1Tes---ln1pOssibLe TO Estinsute Great
est Holdings---AndrezU Carnegie, Sen
at0r Clark, Mrs. Walker, the Ast0rs
and the Guggenlaeinss, the Wander
bits and the GouLels Probably DO Not
K5sOJu What Sums Their Riches Reach
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1907-03-23
Monastery to Be Authors Home.

Maurice Maeterlinck, the Belgian
author, has bought Wandrinne abbey,
the beautiful old monastery on the
banks of the Seine between Rouen
and Caudebec. The building used to
be the home of 400 monks and,
though it is 1900 years old, may be
restored to q habitable condition
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1907-03-23

ThOusands tell Of
cures made by Doan's
Kidney Pills. John C.
Coleman a promi-
n ent merchant of
S wa in S b orc, Ga,
says: For several
y e a r s my kidneys
were affected, and
my back ached day
and night. I was
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1907-03-23
Postage Stamp Paper.

All the paper for the millions Of
postage stamps used in the United
States is manufactured at Mechanic
Falls, Me. Once month the firm re-
ceives a requisition for I 200, 600
sheets of the paper, and each sheet
will make 361 stamps
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1907-03-23

ianguid. nervous and lame In the
morning. Doan's Kidney Pills helped
me right away, and the great relief
that followed has been permanent"
Sold by all dealers so cents box.
Foster-Milburn Co., Buffalo,. N. Y.
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1907-03-23
In a Pinch. use ALIENS Eoor.EAsE.

A powder. 1t cures painful, smart
ing, nervous feet and ingrowing nails.
It's the greatest comfort discovery OF
the age. Makes new shoes easy. A
certain cure for sweating feet Sold
by all Druggists, Csc. Accept no sub
stitute. Trial package, FREE. Ad-
dress A. S. Olmsted. LIE Roy, N. Y.
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1907-03-23

When doctors disagree it is well for
the patient to get up and see if any
thing really ails him.
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1907-03-23

Especially worthy of notice is Garfield
Tea, Natures remedy for constipation,
sick-headache, liver and kidney derange-
ments- 1t is made wholly of Herbs
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1907-03-23
Never Had Picture Taken

appointed to the Maine supreme
court, never had a picture taken
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1907-03-23

NO man ever asks truthful woman
what she thinks of him moro than
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1907-03-23
DOES YOUR BACK AcHEf
Cure the Kidneys and the Pain Will
Never Return.

Only one sure way to cure an aching
back. Cure the cause, the kidneys.
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1907-03-23

An opinion carries conviction only
when expressed with force.
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1907-03-23

SIT 100000. This money was placed in
trust under certain conditions for his
children
Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1907-03-23
ONLY ONE ..RRoMo oUINrNE..

That LAXATIVE BROMO Quinine. Smfiariv
named remedies sometimes deceive. The first and
original Cold Tablet is WHITE PACKAGE with
black and red lettering. and bears the signature of
z. W. GROVE. Csc.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
TALKS
OF OUR JAPS
SECRETARY SAYS THERE is ABB
SOLUTELY NOTHING IN RE-
PORTS OF UNREST HERE.

SAN FRANCISCO, Aug. 1S.-Oscar
S. Straus, Secretary of Commerce and
Labor. returned from the Hawaiian
Islands yesterday en- route nome to
Washington, and is a guest at the
Fairmont. Secretary Straus says he
closely inquired into labor matters in
the islands and about the Japanese and
other nationalities there. He found
no unrest among the Japanese. In his
opinion the American element in the
islands is very intelligent and liberal
and is treating all the other races
there in a spirit of friendliness and
justice.
Hawaii" the Secretary said, Shows
what a wonderful crucible this Amer
lean system OF ours is. There are fif-
teen different nationalities represented
by the population there and under our
institutions they are living in harmony
and full accord with each other.
think labor leaders on the mainland
should take up the labor problem, as
there is a good opportunity for white
men to work in Hawaii, as white labor
Is needed there.
THE Japanese on the islands are re-
specting our laws and any talk OF them
being there for an Interior purpose is
all moonshine."
Secretary Straus absolutely refused
to discuss reports from Washington q
day or two ago to the effect that nego.
tiations between this country ant
Japan for new treaty had come to a
standstill because of Japan's refusal tC
countenance an exclusion provision af.
fecting Japanese labor. The Secretary
also insists that reports of large num-
bers of Japanese being struggled into
this country over the Mexican border
are grossly exaggerated. He contends
that Japan is sincere in its desire to
keep Japanese laborers from coming
to the mainland from any direction
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
HAVE
BATTLE WITH RATS
A THOUSAND STARVING RODENTS
RUSH FROM A WHARF AT SAN
FRANCISCO.

SAN FRANCISCO, Aug. 1S.-Five
hundred fishermen and more than a
thousand large Australian rats, mad
dened by hunger, fought a battle to
the death at Point San Pedro today.
Four hundred of the crazed rats were
killed with clubs by the Mongols. The
other 200 rodents escaped to the hills.
The rats escaped from where they had
been imprisoned under a wharf for a
week and rushed upon the Chinese
fishermen in the camp, which property
is owned by the Union Shrimp Com
pany.
The rats overlooked the camp and
the Chinese in self-protection seized
clubs and weapons of all kinds and
began a battle which lasted for half
an hour George Agnew, constable at
San Rafael, heard the shouting of the
Chinese, and, thinking that a riot was
in progress, he quickly armed his Or
ganization of citizens and hurried to
the camp.
Agnew said tonight that the scene
which met the eyes of the posse was
we'll nigh indescribabe. The Mongols
were fighting like demons to kill the
starving rodents which acted as if
they were possessed of evil spirits.
The great colony of rats was caused
by the landing at a nearby wharf of
vessels from Australia. The rats had
been coming ashore from vessels for
years and formed a great habitation
under the wharf used by the fishermen.
A week ago the Chinese drove stakes
all around the wharf and stopped up
all the holes and cracks, believing that
this plan would cause all of the rats
to die of starvation. The rats gnaweu
a large hole through one of the p1anKs
today and rushed out in panic for
something to eat.
Point San Pedro is on San Francis.
co bay, about six miles east of San
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
SUGAR For SHIPMENT.

Purser Beckley of the S. s. Kinau
from Hilo and way ports, reports the
following sugar awaiting shipment
Olaa, $4,000 bags; Waiakea, $4,000; Ha-
wall Mill, 1884; Wainaku, 1890; ono
mea, 24,O19; Pepeekeo, 10000; Honomu
5000; Hakalau, $4,000; Laupahoehoe
5000; Ookala, $500; Kukaiau, 29OOi
Hamakua, $4,000; Paauhau, $500; Ho'
nokaa, 10000; Punaluu, 1860; Honu-
apo, 1870.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
Realty TRANSACTIONS

Entered of Record August 81, 1907
Wong Sing flee ct al to Heeia
Agrictl Co Ltd. .............Su l.
Richard II Trent TT to Joshua Ka
nahele .................... .hel
Richard H Trent TT to Joshua Ka
udnele .............. '.'''''' 'ANSl
Mrs. Henrietta Amoehiona ct al to
Joshua Kanahele .............Re Rel
Joshua Kanahele to San Antonio
Port Ben Soc of H..............M
Manoel Ventura and VT to Mariana
Rapozo .................... I'D
Mariana Rapozo and WI to John
Lawrence .................,.
Kuapena and hsb to H L Holstein. d
Lila X Naia and hsb to Mrs. Mary
Keolani ACKNOWLEDGEMENTS. ....D
Carl Waldeyer to First Natl Blk of
Wailuku .................. .CM
James L Coke and VT to Hugh M
Coke ...............-.... -
D N Hoopilimeai and VT to Patrick
COckett .....,.....'.'.''' IL
Henry Waterhouse TT Co Ltd to
Alice M Felker. ...............R Rel
Henry Waterhouse Tr Co TT to Allie
M Felker observation-disclosures. Rel
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02

JUDD BUILDING, FORT STREET.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
Hawaii, Canada or Mexico.
Secretary and Mrs. Straus leave for
Washington tomorrow.
DIR. NILES HEART c1rRr

Repairs the heart, that pumps the
blood, that fills the veins, that convey
the fluid, that nourish the organs, that
compose the body, that contain the
nerves, that supply the power, that ami
mates the man. Keep your heart strong
and healthy and It will nourish your
whole body. Sold under a guarantee
that first bottle will benefit, or your
money back.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
LEARNED MAN
WRITES TO EREAR
LETTER FROM A GENTLEMAN
WHO WANTS A COPY OF OUR
CODE PENAL.
The following letter has been receiv.
ed by Governor Frear
Debrecen hungary 3-viii-ot

nc lOllOWAhB lGbICl llcio bCSh ANNClN
ed by Governor Frear.
Debrecen hungary 3-viii-of.
Sir,
l have the honour you beg humblest,
that be so kind to me to send an copy
from the Code Penal of the High Ha-
vaiian Republic.
/ will publish a freench work from
the Criminal Law of the States mo-
derne and l will to make knowed even
the criminal law of this Republic.
have already the codes of Tonga
and Samoa, and will to not defect
the criminal code of the Hawaii.
After the publication of my work,
shall have the honour to send on it
two eXemplarys for homnages for the
High Hawaiian Government.
| beg your precious answer specially,
because my editor will to publish the
work in October.
For your kindness much gracys my
Dear Sir.
l have the honour, Sir, to be, your
most Obedient servant:
LADISLAS THOT.
Doctor at Law and at Polite, Ber-
rister-at-Law, referendary at the Royal
Hungarian Ministry of the Justice,
Membre of the Royal Spanish Academy
Honorary President of the Alliance
Scientific Universal, etc.
My adresse is:
DR.. Tho't Laszlo mr.,
Debrecen,
Piac, f.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
THE
LIMITED.

Incorporated Under the Laws % the
Territory Of Hawaii.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
EXHAUSTED BRAIN

is faithful cause of paresls. paralysis,
epilepsy, insanity etc. The early
symptoms are headache, sleeplessness,
irritability, ETC., and the prevention
and permanent cure Of all such disor-
ders is DR.. Miles Restorative Nervine,
At druggists. If first bottle fails to
benefit, money back.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
Hongrie, Europa.
Piac, F..

STILL ENCROACHING ON MAN.
Now there are women burglars. Isn't
there any avocation in which the wo-
men won't take the bread ont of the
mems mouths ?-Topeka ournal.
:. :. ID . :. .:A.:%O
Rafael and is the largest shrimp fish
ing camp on the coast.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
Claus Spreckels. VIM. g. Irwin.
CIaUSSDTGCkGlS &CO.
HONOLULU,
RANKERS

San Francisco Agents-The Nevada
National Bank of San Francisco.
DRAW EXCHANGE ON
SAN FRANCISCO-The Nevada Ma
tional Bank Of San Francisco.
LONDON-Union Of London & Smiths
Bank, Ltd.
NEW YoRK-American Exchange Ma
tional Bank.
CHICAGo-Corn Exchange National
Bank.
PARIS-Credit Lyonnais.
neutrality-suspicious. Bank.
HoNGKoNG AND YoKoHAGA-The
Hongkong ant Shanghai Banking
Corporation.
NEW ZEALAND AND AUSTRALIA
Bank Of New Zealand, and Bank Of
Australasia.
VICTORIA AND VANCOUVER-Ban
Of British North America.
TRANSACT A GENERAL BANKING
AND EXCHANGE BUSINESS.
Deposits Received, Loans Made on
Approved Security, Commercial and
Travellers Credits issued. Bills of Ex-
change Bought and Sold.
COLLECTING PROMPTLY AC-
COUNTED FOR.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
EN0NG HING GHONG CO

Importers and dealers In English,
American and Chinese Dry Goods. Chi
nese Grass Linens, Ladies' Shirt Waist
Patterns. Grass Cloth and Grass Linen
Table Covers, Pongee and all kinds OF
Silks. Mating and Camphor Wood
Trunks. 1924 Nuuanu street between
King and Hotel streets, Eva side.
p. o. BOX 971 Honolulu. H. 4.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
Recorded August %. 1907.


Kala (k) ct al to John Emmeluth,
tr, L; por R P 44SS, Kakaako, Homo
lulu, Oahu. From Aug 1, 1914, to ex-
piratioyn of B Bishop Est L. b 295,
.p As. Dated May 4, 1907.
XII Herbert to Edward H Holt, Rel;
por R P GAP kul 7SS, Nuuanu Ave. Ho-
nolulu, Oahu. $780, aB 29O, p 479. Dat
ed June IA, 1907.
Lawrens Sheldon and VT to Elizabeth
G Greenwell, D; Is int in kul 1911,
Kaumalumalu, N Kona, Hawaii, $140O.
296, p "a. Dated Aug %, 1907.
Mildred Gear Widow ct al to Tr Of
Manoel Quni in Bkrptcy, D; int in loI
10, blk c, Villa Franco, Hilo, Hawaii;
int in pcs land, Volcano Rd, Hilo,
Hawaii; int in pcs land, Hawaii. 800
B 296, rs. Dated June IS, 1907.
Recorded August "a, 1907.
Bishop & Co to Charlotte K Iaukea
IRel; R Ps (grs) 2615 and 2O1S, Wal
kih, Honolulu, Oahu; int in patent
1905, Kamanuwai, Honolulu, Oahu.
$4,000. B 29O, p 479. Dated Aug %,
1907.
Charlotte K Iaukea to Trent Trust
Co Ltd, TT D; rents, etc, on R Ps
(grs) 2615 and 2O1S, Waikiki, Honolulu,
Oahu. ST. etc. B 296, p n. Dated Aug
%, 1907.
Charlotte K Iaukea and hsb to Hawn
Trust Co Ltd, tr, TT D; int in por pat
ent 1905 Nuuanu Ave, Honolulu, Oahu
$1,000. B 296, so. Dated Aug 20,
1907.
Keen Kealaula to Kupule and hsh
Rel; int in R P 1880, kul 1919, Papai-
kou, Hilo, Hawaii. 1920 B $12O B 200, T
4S3 Dated Aug "a, 1907.
c w Backaberg to Harry Irwin, F
A; special powers. B 294, p 324. Dat
ed May 10, 1907.
Pinehaka K Naihe and VT to Mrs
Mary 1 da Silva, M; lot 5, Rt P lease
396, Nanawale Homesteads, Puma, Ha-
wall. 5000. B 29O, p 4SS. Dated Aug
Is, 1907.
Joao de Coito and VT to TT of Ahua'
loa Holy Ghost Soc, D; Ia of lot 10
patent 3S42, Ahualoa Hamakua, Ha'
!waii. 500. B 296, p 80. Dated Aug
20, 1907.
Samuel Ako and VT to T K Lalakea
D; int in R P (gr) 1919, Halepuna, Hilc
Hawaii $25, B 296, p SO. Dated Aus
20, 1907.
G c Akina to H L Holstein, A M
mtg H Kauaua on R P 739, Haena, \
Kohala, Hawaii 81. B 29O, p 4S6
Dated Aug 8, 1907.
Manuel Duarte and VT to Antont
Moniz, D; int in pc land, Honomakau
N Kohala, Hawaii. $500. B 296, 81
Dated Aug 8, 1907.
Antoine Gonsalves and VT to Manue
Farias, D; int in 2:25a in hui LAM
Ulumalu, Hamakualoa; Ida land, Eas
Kaupakulua, Hamakualoa, Maui. 500
B 296, a. D ated Aug 6, 1907
ANU Akuini to Annie Thompson, D
IL int in R P 3171, Kamaole, Kula
Maui. $40. B 296, p So. Dated Au
6, 1907.
Maria l Fernandez and hsb (A) I
> Rosa P Fernandez, D; ga land, Kau
q pakaulua, Hamakualoa, Maui, $3.50
296, p &C. Dated Aug 81, 1907.
Recorded Aug 26, 1907
Samuel G Wilder by atty to Notice
4 Notice; apjplcn for reg title of Ian
Patent (gr) /, Dept Pub Wks; r P 1853
kul 1862; R P 1905, kul 24OK, ap 8, an
por R P (gr) 8, Judd st, Honolulu
Oahu. B 1884, p 1926. Dated Aug q
1907.
First Bank of Hilo Ltd to Harry
? Richard and WI, Rel; R P (gr) 1866
= Laupahoehoe, Hilo, Hawaii $4,000
! 200, p 487 Dated June 10, 1907
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
w. F. GEHRING, N. g.
e. r. HENDRY, Sec.

HONOLULU LODGE GIG, B. p. o. E.
will meet in their hall, King street,
near Fort, every Friday evening. BY
order OF the E. R.
FRANK e. RICHARDSON, q. R.
HARRY H. SIMPSON, Secy.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
Honolulu Branch 81 King Stree
NOTICE.

We are now located at our new
place Of business, McCandless Build
ing, next door to w. w. Dimond &
Co. Patrons and the public are invited
to visit us at our new place Of bust
ness.
SANG CHAN,
Merchant Tailor.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
Castle I COOKE. LTD.
COMMISSION MERCHANTS
SUGAR FACTORS.
AGENTS FOR

AGENTS FOR
The Eva Plantation Company.
The Waialua Agricultural Co., Ltd.
The Kohala Sugar Company.
The Waimea Sugar Mill Company.
The Fulton Iron Works, st. Louis, Mo
American Steam Pump Co.
The George r. Blake Steam Pumps.
WeSton's Centrifugals.
The New England Mutual Life Insur-
ance Company of Boston.
The Aetna Fire Insurance Company OF
Hartford, Conn.
National Fire Insurance Co., Of Hart
ford.
Citizens ms. Co., of Missouri.
All Policies Guaranteed by Hartford
Fire.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
Fraternal Meetings
.ARMoNY LopeE no ), !. 0. o. z.

Meets every Monday evening, at 1850
in Odd Fellows Hall, Fort Street. Wis
iting brothers cordially invited to at
tend.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-09-02
THE YOKOHAMA SPECIE BANK
Limited.
ESTABLISHED 1880.
HEAD OFFICE, YOKOHAMA.
Branches and Agencies.

honolulu, New York, San FranciL :
London, Lyons, Bombay, Hongkong,
Dalny, Newchwang, Leayang, Pekin,
Hangkaw, Shanghai, Chefoo, Tientsin
Nukden, Antung Hsien, Kobe, Maya
sald, Toxic, Osaka.
The Banks buys and receives for Col
lection Bills Of Exchange, issue Drafts
and Letters Of Credit, and transacts q
general banking business.
Arizona republican., 1907-05-31
RUSSIAN TORTURtS
 OF RIGA PRISONERS
Becomes the Subject of Consideration
 by the Lower House Of Parliament.

St. Petersburg. May 30.-The lower house today declined as unsatisfactory the explanation by the government in the matter of tortures inflicted upon prisoners at Riga and consequently the affair will be submitted to the em- peror. In the course of the debate the minister of justice denied that of ficials of his department had taken rart in inflicting tortures as had been charged and declared that the infor nation of the douma committee in this respect was untrue.
 NJ. Makaroff. minister of the interior denied that the police had been guilty of inflicting tortures. He said the pre- liminary inquiry has shown that in some cases the policemen struck the prisoners with their fists. but the blows were never severe. The action If the policemen might be excused by the cru"!ties of the revolutionarics. It could not sbe expected that the po- lice would remain calm when more than 1 .00O had been killed and wound ed in the Baltic provinces alone.
Arizona republican., 1907-05-31
DINAN'S CURIOSITY
 ABOUT VtNIREMtN
The Chief Of Police Only Wanted to Knew That They Were Persons of Good Character

San Francisco. May 30-m answer 'o the accusation brought against him by the graft prosecution that he is attempting to tampcr with vcnircmcn summoned in the trial of Mayor S'chmitz. Chief of Police Dinan made public today an explanation of the activities of the police department
 He said: "YeS, l have had men out watching the venircmcn. My object is to find out that they are men of good character. l did not have any juror approached and my men did not use any intimidation or anything of that kird. My men simply made in quiries as to the character of the vc- nircmcn. You sec our men ran into the Burns snen who were engaged in the same Enc of work. and that is how The graft prosecution came to find out about H"
 When asked whether Mayor Schmitz or anyone else had requested hitn to investigate ihc veniremcn. Dinan said ? ''I did this entirely on my own iaitia- tive ana was not asked to take any ..S:.S.. = ;.h..; ...::,: Sy ..;uy,.. .;virruii4 or any one else"
Arizona republican., 1907-05-31
PRESIDtNI ROOSEVELT
 ONRAILROAD PROBLEMS
Continued From p. Se 1.

cquation-that is, the management of
 the road-is more important by far than the physical valuation; and the physical valuation Of the road in one regiSn may have an entirely different relation to the real value of the road than in another region where the con ditions are utterly different. There fore the physical valuation can never be more than ore of many elements to be considered; but it is one element. and at times may be a very important element. when taken in connection with the earning power. franchises. origin al cost, character of management. To- cation. and business possibilities. in reaching an estimate on the property and rights of corporation as a gong concedn.
 The effect of such valuation and supervision of securities can not be retroactive. Existing securities should be tested by the laws in existence at the time of their issue. This nation would no more injure securities which have become an important part of the national wealth than it would consider proposition to rcpudiate the public debt. But the public interest reuires guaranty against improper multipli- cation pf securities in the future. Rea- sonable, regulations for their issuance should ne provided. so as to secure as far as may be that the proceeds there of shall be devoted to legitimate busi- ncss purposes. In providing against l overcapitalization We shall harm no
 human being who is honest: and we shall benefit many. for overcapitaliza- ton often means an imitation that in
 Nites business panic it always con l ceals the true relation of the profit
 earned to tfe capital invested creat- l ing a burden of interest payments whi~A .ney -s..nuaa .., :aS .,-S :i.ssssS,
 Of the wage earner and the general public. which is concerned in the rates
 paid by shippers: it damages the small
 investor. discouragcs thrift. and puts
 a premium on gambling and business | trickery"
 At the conclusion of the exercises | the president was driven to Crown ! Hill cemetery. where he placed on the grave of Former President Harrison q ! wreath of smilax leaves and lilies of 7, The valley. Htics ss sro:g2s. i,s him l, :T,..l W=zA...ct0i.-.
 {. F.-s,,HrTst .G5sgysit ief. .,-.sssa:,r D. !: pis1e e.t >. .-S. eFas ss7e ;,es s;,,.. s---s. fap Fits. 4l-.-Hssy < :; ISi.6tS y:aFs I,