The Princeton union., 1907-04-18
NORWAY.
Christiana.


way is great and it's value in com
inerce proves of immense value. Not
u season passes but what foreign
speculatcfs come to Norway to in
vestlgate the facilities of some water
fall and the deals that are made In
water power nowadays is not
small item. A great portion Of Nor
ways water power is already, how
ever, held and controlled by foreign
capital, especially English capital,
which has, perhaps, identified itself
closer with Norwegian commercial in
terests than any other. Foreign cap
ltallsts generally purchase, or rather
lease. the power and exclusive use of
the available water power for a period
OF ninety-nine years and in that time
they can secure all the earning power
out OF the water that they desire. Of
course there are great many Christi
anla: Bergen, Trondhjem capitalists
engaged in the numbering and -four
mill industry-many also in the pulp
mill business-who own large shares
in Norway's water power, but if the
truth were known it is really foreign
principally British capital that is in
control. The last transaction in water
power Of any consequence was that of
Sir Cappelen's purchase of Vrangfos
and Edfos with the Moen property ad-
joining for a consideration of $4,000
crowns.
Premier Nicholson celebrated his
5Oth anniversary March Is. The
popular statesman is now in the prime
of life, is enjoying excellent health and
is beyond doubt one. if not the great
est power behind the Norwegian
throne. Mr.. Nicholson is "a many
sided man. Besides being Norway's
foremost statesman he is man who
never takes his eye from his business
and be it certain he always has full
knowledge Of what is going on in re-
gard to Norway's shipping industry.
Mr. Nicholson owns number of mer-
chant vessels and is keenly alive to
the export industry of Norway. A..
though so years old the man who so
| cleverly conducted the dissolution Of
the union, though time only can show
the lasting results of this move, H.,
still seems to have ahead of him a
most interesting political future. Nor
way at present is in transition stato
and among the men who are found in
| the front ranks when it comes to
bringing about healthy industrial
awakening stands Premier Nicholson,
and all Norway is perhaps as much in.
terested in this noe man as the king
! himself %@ %' .->-> |.s iHT~.~@s
The Dovre Singing society, of Min
| neapolis, q. s. A, is expected in Nor
way during the early part of June.
when they will make a concert tour
throughout the country, visiting the
largest cities in Norway. This will
be the first time since Norwegian i'm
| migration began to America that 4
NorWegian-American singing society
visits the fatherland. It will be a re-
| turn visit in one sense, the male
chorus Of Christiania university hav-
| ing made their tour in America about
one year ago, when they We're received
| with much enthusiasm i'll the north
west. These interchange visits be-
tween Norwegians and their brethren
across the sea do much to strengthen
the ties of brotherhood and enable
those of kinship. although separated
by thousands of miles, to be brought
closer together.
Consul General Ferdinand Breda
celebrated his 10th birthday at his
home in Christiania the other day,
Consul Breda has for years been a
prominent merchant in the Norwegian
capital and has been prominent in
civic and political circles.