davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
Church MERGER
Committee of Disciples of Christ Fa-
vor Closer Relations With
the BaptiSts.

Cincinnati. April S-With a proposition
before it looking towards the merger OF
two great church organizations, the
ninth annual congress of the Disciples OF
Christ met here today. At the 1906 con-
gress a committee of ten was appointed
to make OvertureS and formulate a plan
for closer relations between the Baptist
and the Disciple churches. 1t is under
stood the delegates viii advocate a mer-
ger. a proposition to merge the educa-
tiOnal with the home and foreign mission
airy societies of the church was voted
down.
The merger was fought on the ground
that missionary society funds, being Civ
en- for a specific purpose, cannot be ap-
piled in educational purposes and that
complications likely would arise If the
educational work, comprising some forty
Christian colleges in various parts OF the
country. should be placed in control of
the missionary societies.
Before the educational society the
shortage in the number of ministers was
the principal topic, it being shown that
there are about 100000 members in the
Christian churches Of the country and
only about 1909 ministers. The vacant
rulpits already number over 2.OO1. and
that number is constantly increasing.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
Position of Great Britain.

London. April 3.-Great Britain has not
Withdrawn or in any way altered her
request that the reduction Of the expendi-
lures on ornaments should be placed up
on the program of subjects to be dis
cussed at The Hague peace conference. A
note was sent to Russia March 20 request
ing that the question of limitation of ar
mament be placed upon the program.
THE contents of this note, which were
communicated to the powers made this
plain" said an official of the foreign
office TO the Associated Press today, add
ing that he could not understand why any
other Interpretation could be placed on
it, ''as seems to have been done in Ber-
lin -
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
TRIAL OF JOHN R. WALSH
Former Chicago, Banker Refused
Bill of Particulars by
Judge Anderson.

Chicago, April 3-John r. Walsh, for
mer president of the Chicago National
bank. now under indictment on charges of
MISUNDERSTANDING the funds Of the bank.
was arraigned today in the federal court.
He pleaded not guilty and trial was set
for oct. 10. The attorneys for Mr.. Walsh
demanded that the government furnish
them with q bill OF particulars. and when
this was refused Judge Anderson an
nounced that he would hear arguments
in support of and against the motion to
furnish the bill
Judge Anderson later refused TO grant
the motion of the defense for bill of
particulars.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
THREE POWERS
RESERVE RIGHT
Russia, Germany and Austria
Will Not Discuss Limita-
ton of Amendments.
CIRCULAR NOTE is ISSUED
PREPARATIONS FOR THE HAGUE
CONFERENCE.

st. Petersburg, April S.-The Russian
representatives abroad have been direct
ed to communicate circular note regard
ing The Hague peace conference, the
main feature of which is the announce
ment that Russia. Germany and Austria
reserve the right to abstain from the dis
cussion of questions which In their opin-
ion cannot lead to practical results"
meaning the limitation Of ornaments
Russia, in making her reservation, re-
affirms her adherence to the former pro-
gram of the conference.
On the other hand, Great Britain and
Japan reserve the right to abstain from
the discussion of any points In the Rus
sian program, from which, according to
their views. satisfactory conclusions are
not Obtaiuahlp.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
Statement From Be lin

Berlin. April S.-The statement made at
the British foreign office today that Great
Britain had not in any way altered her
request that the question of the Iimita-
ton of ornaments be included in the
program of the coming peace conference
at The Hague causes some surprise I'm
Berlin, as the German foreign office IN
derstands that Great Britain does not in
sist on the question being formally in
Guided in the program but only reserves
the privilege of raising the question in
the conference, thus leaving the other
powers free to partake in or abstain from
ItS discussion,
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
Another Fallacy.

Referring to the argument that rates
are kept up in order TO pay dividends on
watered stock and that if these payments
are not made earnings could go for i'm
provements and betterments, Mr.. Finley
said that this was an entire misconcep-
ton of the financial situation OF the rail-
roads, and he greatly feared that an exag-
gerated idea Of the earnings and wealth of
the carriers was at the bottom of much
Of the exaspeTated public sentiment and
hostile legislation.
'The Southern Railway company, since
rs organization" he said, spent or con-
tracted to spend and is in the act of
spending more than S26O00000 for its addi-
tons to its facilities and for capitalized
betterments and improvements. This
means that on its present mileage it has
spent or thus contracted to spend within
a fraction of $4,000 per mile, whereas if
every cent Of its net earnings, after the
payment Of interest and without paying
one penny Of dividends or carrying one
penny to surplus, had been expended for
lhese purposes, IL would have amounted
70 only $500 per mile upon its present
mileage"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
Merely a Bald Statement.

'Tu all the discussion about the sup
u0sed relations between railway capital
zation and rates 1 have been unable TO
find that any one has attempted to for
muIate a comprehensive and practical bic
statement for basing rates on capitaliza-
ton. 1 am convinced If anyone should IN
dertake TO work such a statement he
would find il TO be absolutely Impractical
bile. One Of two competitive railroads
NAV be a line constructed through COM
uaratively level country at relatively
small cost and the other may be con-
structed through a mountainous country
at very heavy cost. The capitalization of
the mountain line may very properly be
TWO or three times as great as that of the
low grade line If rates should be based
on capitalization the rates on the noun
tain line would be two or three times
those on the level and the mountain line,
because Of its high rates, would be put
out of business between the competitive
points The loss Of its business between
these points would probably make II i'm
possible for it to earn, from competitive
business alone. enough to pay the interest
on its bonds. 1t would go into the hands
Of a receiver, with no prospect of ever
getting out. This presents only one Of the
minor difficulties of basing rates on cap
italizatiOu. A perfect maze of the most
intricate problems would be presented I
d. should be undertaken 10 adjust rates
on different classes Of commodities on
any such basis"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
TOOLS DROPPED BY
MINERS IN WYOMING

Rock Springs. Wyo., April at is re-
ported here that a partial strike is on
among the miners at the new coal camp
OF superior, twenty miles north of this
place About forty Firms and japanese
miners came in today saying that the Su-
perlor Coal company had made cut in
the prices paid them on the first Of the
month On being informed of this all the
mefe IN mine went out yesterday and il
is stated that the men In the other mines
viii 80 out unless they get the old prices.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
CITY COUNCIL
IS DEMOCRATIC
Election of BuSSe in Chicago
Only an Incident in Munich
pal Ownership Cause.
WHAT THE RESULTMEANS
LONG FIGHT SETTLED FOR a
TIME,

Chicago. April 3.-The revised IN
official returns of yesterdays election
show that Busse, the Republican can
didate for mayor. has been elected by
a plurality of 1905 over Dunno. The
Republican city ticket was elected with
the exception of Edward c. Young, the
candidate for city treasurer, who was
beaten by John Treager, Democrat, by
1888. The city council will be Demo-
cratic by the same majority as the old
council. thirty-six Democrats to thir-
ty-fOur Republicans.
The following prospective appoint
meuts have been announced by Mayor
elect Busse:
Comptroller, Walter H. Wilson: cor
pOratiOn counsel, Milton ]. FOrman or
Edward Brundage; commissioner of
public works, John J. Hanberg; chief
of police, George Shippy or Herman
Schuetler.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
This May Interest You.

No one is immune from Kidney
trouble, so just remember that Foley's
Kidney Cure will stop the irregulari-
ties and cure any case of kidney and
bladder trouble that is not beyond the
reach Of medicine. F. ]. Hill Drug Co,
The Never Substitutes"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
BARGAINS.

We have a few slightly scratched
genuine Singers" latest improved
which can be purchased or leased on
very small payments at greatly re-
duced prices. Call early at Singer
store. AZ South Main street
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
Proposed by Three Powers.

The question of the limitation of arm
aments. according to the note, is proposed
by three powers. the United States, Great
Britain and Spain: the United States also
proposing the addition Of the DragO doc
trine to the program-and several states
reserve the right TO present Independent
propositions TO the conference on Ques-
tiOns connected with the Russian pro-
gram but not directly mentioned in IL
In conclusion, the note states that the
Russian minister at The Hague has been
instructed to ask the government of the
Netherlands to issue final invitations to
the conference in order that it may be
onened in the middle of June.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
DELIRIoUs ON TRAIN.

Kansas City, April ST. 9. Webster.
aged 90 years, of Horse Shoe Bend. Idaho.
became deiiriOus during the trip from
Denver 10 Kansas City on a Union Pacific
train yesterday, and was unconscious
when he reached here. He was removed
10 the city hospital and was still uncon-
scio0s this morning. -
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
Time Not Ripe

According TO Professor De Martens,
who was received in audience by En-
peroF Nicholas yesterday, Russia believes
the time is not ripe for the discussion of
the question of limitation of ornaments,
as practical results cannot be obtained,
but If the United States and Great Brit
ain are determined to bring the subject
before the conference, Russia Is not in
clined to insist on its seclusicn. In con-
sequence of the unsuccessful war, Rus
sias army and fleet are far below their
normal strength, and she is not willing to
restrict her freedom of action in resum-
ing her proper military position.
Ambassador Riddle has not participated
In the peace conference negotiations here.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
Council Sustained.

The traction ordinances recently
passed by the city council over the veto
of Mayor Dunno, and which provided
for the immediate rehabilitation of the
street railway systems, were carried by
a vote of los, $40 to 1872. 100. These ordi-
nances were favored by the Republi-
CANS, and they declared in their plat
form that the best interests of the city
demanded their adoption. The DemOc-
racy insisted upon municipal owner
ship by purchase or condemnation of
the street car properties. The fear that
the condemnation operation might en-
tail many years of litigation, during
which the city would be compelled to
put up with the present miserable
transportation facilities. was a strong
factor in bringing out a heavy vote in
favor. of the ordinances
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
City Gets SIS Per Cent.

AS the matter now stands, the street
car companies are compelled to pay
the city 50 per cent of their net income,
allowing the city at all times access to
their books. They are to provide con-
tinUous passage from enc section of the
city to another for a fare of 5 cents,
and TO grant universal transfers. The
city is to allow them a franchise for
twenty years. with the option of pur-
chasing the systems for $50 900, 900 at
any time by giving notice six months
in advance of the date at which it pro-
poses to take over the property The
cast of rehabilitating the lines is to be
added to the purchase price of $50,000,-
900.
The election also added to the extent
of the city by bringing in the suburb
of Morgan Park. which will add about
5000 to its population provided the cit
liens of Morgan Park approve the an
nexation. Their election is to be held
two weeks hence.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
RAILWAY SIDE
IS PRESENTED
President Finley of the South
ern Responds to Toast
at Banquet.
SOME POPULAR FALLACIES
HARMFUL EFFECTS OF PRO-
POSED LEGISLATION.

Greens borough, \. C., April Sat the
annual banquet OF the Merchants and
manufacturers club tonight, W, w FIN
fev president of the Southern Railway
---7onded 10 the toast. North Carolina
and Its Relations to the Railroad PROB
lem" After discussing the interest OF
>-7-tb Carolina in improved railway
TRANSFORMATION and pointing out the need
or additional railway construction IN the
state. Rrr. Finley spoke of the identity OF
interests Of the public and the railways
md showed what would be the effect on
-0t1 of some of the proposed leglslauon-
H7 said
.rrhe interest OF a railway and Of the
r,zonIe dependent upon 1t for transporta-
lion are so completely idenucal that 1
have no hesitation in saying that every
legislative proposition inimical to the
-s5lrrads will be found. upon careful eX-
animation. 10 be equally inlmlcal IN It's
effects ON the people Of the territory
served by their lines
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
Outgrowth of Economic Laws.

He supported this statement by quota
tfons from President Hadley of Yale and
Chairman Knapp of the interstate com
marce commission. President Finley gave
examples TO show that railway changes
are the outgrowth of economic laws and
commercial conditions.
mo rate" he said, can ever with prop
or consideration of the business of the
country or Of the carriers be made indie
pen6eutlv of these economic laws-not by
legislation arbitrarily fixing the rate ana
NOT by capitalization Of the carrier ike
wise arbitrarily fixing the rate. In
broad sense, therefore, the management
of a railway is poweTless to fix rates that
are the result of economic and CONNER
ri41 forces which are as absolutely beyond
rfe control OF its managers as are the
tides of the ocean. That this is true IS
further shown by the fact that many rail-
roads never have been able to pay d1vl-
dncds OF all of their capital stock, while
others are unable to pay any dividends
at an. If a railway could adjust its rates
to its Capitalization there would be no
reason why any road should not earn divi-
dends on its capitalization and thus for
ever abolish Teceiverships and bank
TuUrCy.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-04
People In Error.

AR Finley said that. while the capital
-sffru of each railroad must be consid-
cred on ITS merits, he was convinced there
MAD serious popular error in suppOsmg
tba+ there is any considerable overcapital-
.zation Of railroads IN the United states
Efa uciuted out that some of the arBu-
r9sn+s as to disqualification were
based on the average cost of construction
that must Ice ample for Hghtly-buil ana
T11fIv-equipped roads in level or nearly
level country, with few bridges and tun-
neIs and without expensive city terminals
Continuing, he said:
..Vhen the entire facilities Of the car
riers are considered, including rights OF
nav through cities, towns and elsewhere,
terminals, yards, TOadbeds, tracks, tun-
ueis. structures and equipment 1 think
h will be admitted by all persons &C
0u9inted with the cost Of railroad con-
sfrUctiUn that the property Of these car
risrs could not, generally speaking, be re-
produced at a cost equal to their capltaii-
rati0n. But leaving aside the question as
10 whether the railroads of this country
are OFercauitaliZed. I wish to say to you
that the idea that rates are controlled by
Capitalization IS entirely without justltl-
cation capitalization may affect the in
trinsic value of a cOmpany's securities
and thus affect the investing public. It
cannot control a carriers rates and hence
cannot affect the shipping public
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-12-27
REDUCING MINE
FORCES AT ALA

Manager Tony Jacobson and Super
intendent A. o. Jacobson will leave for
the properties of the Columbus Con-
sOlidated and South Columbus at Alta
today. Manager jacobson says the force
at the Columbus has been trimmed
down by about fifty men and that
further reduction in the force may come
on the first of the month. He wants to
cease production and shipments until
the metal markets improve. and is only
awaiting the sanction of the directors.
Development work will be continued, as
usual, whether shipping ceases or not.
Thirty men are employed at the South
Columbus, and this number will be
steadily employed throughout the win
ter.
Manager 3. n. Lehman yesterday
gave orders TO cease shipping from the
Yankee Consolidated properties at Tin
tic, and he says that no ore, after that
in transit is marketed, will be sent out
until the metals improve.
No action has yet been taken by the
Park City companies. but it is expected
at any moment, almost.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-12-27
EXPERTS
AFTER THE VULCAN

A report is current on the streets to-
day that the Guggenheims had two ex-
perts at the old camp of Hunter, look
ing over the Vulcan property, with a
view TO buying it, says the Ely Mining
EXpositor.
The wonderful reports that have been
coming from that camp recently are re-
sponsible for this attention, and, &C
cording to a man who came in from that
camp last evening, there is no doubt
but that the men who are measuring
the ore bodies in that district are rep
resentatives of the people who are
building the smelter at McGill.
The Vulcan property adjoins that of
the old Hunter, and is accredited with
having several million dollars worth
of ore blocked out. While this state
ment has met with considerable skep-
ticism, il is a fact that the company has
a very large body of ore, the depth OF
which is as yet somewhat problemat-
zeal: but which has been exposed
through large fissure that runs down
between the hanging wall and the ore
body.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-12-27
BEAVER MINES
MAKING GOOD
Burning Moscow and Other
Properties in Star District
Have the Goods.

John Thomson, superintendent of the
Utah Mining e. Development company
Hub mines, in Beaver county, returned
to camp last night, after spending
Christmas day at home He says that
work is progressing with regularity and
that the ground is giving a good ae-
count of itself.
"Old Star district" said Mr.. Thorn
son, sit now beginning to show what
it has hidden in the depths of Mother
Earth. The Burning Moscow, while
not pretending to do much shipping I'M
oping in a most sensatio manner.
Strike after strike is being made there,
and there is no longer a question but
that the property will make bigger
mine than it ever has in-she early days
of its career.
"AIl around the Burning MOSCOW, in
quite d number of properties, 1t is be
ing demonstrated that the ground is
going to be highly productive of rich
ores and the prospects for making that
part of Beaver county outshine many
of the big camps of the state could
hardly be more promising than 1t is at
the present moment The fact is recog-
nized that the price of metals lends
little encourag cement TO development
and prospecting. but for all that the
different companies are going right
ahead safe in the knowledge that
change must come soon. And they are
determined to be ready to take advan-
tage of it when it does come"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-12-27
Mines and Mining Stocks

perienced and expert man at the bus
mess of well drilling, assumed the man
agement of the properties during this
close-down. He got under way again
just few days ago, and the dispatch
which reached here last evening was
the first word from him since drilling
was resumed.
Mr.. Porter stated that the well was
about SIS feet deep when the close
down came and, while he had no posi-
tive information on. the subject, he pre-
sumed the we'll was somewhere be-
tween $50 and $50 feet deep when the oil
was struck. He looks for letter with
in day or two giving details of what
has taken place.
Three-quarters of a mile north of this
well, on section 10, the Cedar City Oil
company recently encountered oil at, a
depth of 600 feet. AS the formation
dips in that direction, it was expected
by the Southern Utah company that the
same Oil-bearing stratum would be
reached in it's well at considerable less
depth than that at which the strike was
made In the Cedar. No pumping has
vet been done in the latter well, so Its
capacity is still unknown. The belief
has been expressed, however, that it
was Just as good as the original well
of the Rhyolite company, so the South
ern Utah company is expecting just as
good, if not better results. from its
bore. particularly as the Mckenzie Well
about one mile to the east, is also
known to have struck a flow.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-12-27
DOLLY WARDEN Is
SHOWING UP THE ORE

Alex. Baird returned Saturday even
ing from a visit to the Millick proper
ties. in the Dolly Warden district, says
the Ely Mining Expositor.
He reports that the boys have an ex-
ceptionaIly fine showing in every pros
pect hole they, have thus far sunk on
any of the claims in the Osceola group,
and withal, the entire section promises
to become an early and steady pro-
Queer of silver-lead-gOld ores.
The most recent and encouraging
discovery has been made within the
past two weeks i'm an eight-foot shaft,
where they now have exposed an ap-
parently large deposit of metalliferOus
ore. assays from which give returns of
gold S24.6O, silver SO ounces, lead 40
per cent.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-12-27
MINING STOCK EXCHANGE.
Holiday Only Served to Crowd Pric-
es Just Little Lower.

Seven Troughs was the only stock yes
terday that more than held it's own. Most
OF them went off little from Tuesday ;
quotations. The holiday spirit was still
on and there VAS no particular disposition
to trade TO any extent Few real orders
were in evidence and the business which
was done was largely professional IN
character Nothing was to be expected
and there is little chance for any partic-
ular change until after the 1st of the
month.
During the two regular and omen hoard
calls at total of 1850 shares of stock
with a selling value of S24, 797, changed
hands. Following is the list of final quo
tatlons and record of sales made during