davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1907-12-22
COMMENT ON MARKET.

6. Bowie Chipman, OF T. r Chapman
& Co-"Prices for the leading stocks con-
tinued 10 rally through to-day's short ses-
sion and closed with material gains, al
though a fractional recession took place
in the last ten minutes. Short covering
continued on a large scale, and WITHOUT
any question stocks were fed cut by in
side interests The bank statement was
favorable. showing a substantial increase
in the reserves and cash holdings and a
corresponding decrease IN the loan stem. ="
George L. Edmunds. Of Miller & Co
The half days trading was quiet. with
narrow fluctuations. The underlying IA
vorable Influence was the announcement
that the contested Consolidated Gas cases
VIII be certified UD 10 the Supreme Court
OF the United States. Connscatory regu-
lation has been dealt a body blow. and
from this on I look 20 soc The various
courts of the land gradually put a quIetus
% the absurd laws enacted during the last
twelve months and. as is customary. Wall
street VIII gradually discount this. To-
ward the close there was some selling
on news that the Southern Pacific shops
az Sacramento would 10 a large extent
be closed. bur all these adverse events
have been discounted. and, for that mat
ter, overdiscounted by the shrinkage in
values on the floor OF the stock exchange.
The bank statement shows the situation
IS slowly but surely improving
Benjamin Woodruff. Of Post & Flaes-
''To-day's market was similar TO that OF
yesterday The belated short interest is
endeavoriug 20 cover stocks and the
market has been bid up continually by
the professional bull clique. headed by
Jacob Field and others. II is difficult 10
see how the market can continue 20 ad-
vance under existing monetary conditions,
as last night there were several firms
actually left without filing their require
meuts for money. who no doubt. had 70
go TO their banks later. We are likely
10 see high interest rates for the next
two or three weeks. For these reasons.
cannot feel but that the market is ap;
to sell of sharply just as soon as this
eager buying by the short interest
ceases"
The Washington herald., 1907-12-22
BALTIMORE PRODUCE MARKET.

Baltimore. Dec. H.-Following are the prices
quoted at the principal commission houses.
BUTTEE-Creamefy. fancy Uer pound 29iaa3l:
imitation, Ga2i; Maryland aud Pcnnsylyania rolls.
lSa2J; stoTe-IacSed Ohio and West Virginia l6al7
Maryland. Virginia. and Pennsylvania lsa29.
LIVE POULTRY-Old hens. heavy. per pound, &c;
young do. 10. roosters. each. 25a50: ducks paddle
large, per pound l0all DO. SMALL 10: do. Muscovy
and mougrel. 10; turkeys. young pounds and over.
per pound. llal6: do. old. llal6.
DRESSED POULTRY Young chickens. uer H.
loall; do. mixed young and old 10: turkeys. choice
Young hens, l5al6: ducks choice. fat. IalZ geese.
Ials
GANiE-Partridges. choice. full grown. Der dozen.
200a2Z5: do. small of birds 55aiO0; pheasants.
selected. each, Local .; do. Of birds 50a75; rab-
bits choice, large nearby, per Dozen 200a2 . wild
turkeys per pound. lGalS: ducks. mallard Der pair
heavy weight. each. Sa99.
POTATOES-White. nearby prime per bushel s.
a6o; Western Maryland and Pennsylvania. 6oa65:
yams. uer barrel. North Carolina 225a2 50; fancy
Delaware. 35oaA00.
GREEN FRUITS AND vEGETABLEs-Ap -AppIes.
Eastern Shore Maryland and Virginia. per barrel.
No. l. L75a200; do small. common L2Sai50: do
per lz-barrel basket, 50a75; do New York assorted
per barrel ZJ0alO0: cabbage, New York Danish. uer
ton. 7-O0aSO0: celery. New York. per bunch sla50,
cranberries Cape Cod. per barrel. e5lasao; gaucs.
Concord. per 5-pound basket, Hap: lettuce Norfolk
per basket. 4a6l; eggplants Florida per crate 5oa
225; onions. Pennsylvania, yellow per bushel 69a65.
do, Western. yellow. e0a65: oranges Florida rer
box. as 70 size. 25la3-25: grapefruit, Florida Ter
box. 35oa5OO tomatoes, Florida per carrier. fancy.
3.OOa30.
FLOUR-Winter extra, AOOa499; do. clear. fg5t
40; do. straight. 455aE7e do. patent 4s5a5 90;
spring clear. 445a475; DO. straight 55a50 do pat
ent 560a5S5; City Mills best patent 625: do high-
grade ritent 545 do straight, 5l5; do choice fam
ly AIS extra, 3SoaLo0.
The Washington herald., 1907-12-22
LOCAL FINANCIAL GOSSIP.

Business on the local stock exchange
yesterday was better than usual on Sat
urday. The per cent bonds OF the
Washington Railway and Electric Com
pany sold freely at prices ranging be-
tween 72ls and 1S. and the preferred stock
Of the same company sold about 100
shares around g. In all $1,000 Of the
bonds were put upon the record. and III
shares OF stock The other issues sold.
besides Railway preferred. were Capital
Traction and MergenthaIer.
Rumors regarding the forthcoming
meeting Of the stockholders OF the Wash
ington Railway and Electric Company
took a new form yesterday 1t is now
generally conceded that the board Of di-
rectors win be largely. If not ALL promi-
nent local hnanciers and capitalists. and
brokers in small knots yesterday We're
fixing up states OF the probable candi-
dates for election 10 the directory Those
most generally mentioned for the honor
We're one bank president. one president
Of a trust company. O vice president of
one Of the uptown national banks. a
prominent broker in F street. and the
president of one OF the national banks
who spends a great portion OF his time
out % the city.
Brokers generally have ceased 10 specu-
late upon who the probable president Of
the company viii be. If the men now
mentioned for directors are elected, they
VIII be men who viii 60 10 the meeting
OF the directors unpledged and untram-
meled by outside influences. They would
naturally be directed In their choice for
executive officers by the best interests OF
the company the service. and the pub
lie. They would undoubtedly elect one
Of their own number president. and then
set about the task OF securing the best
executive officer for the management O..
the system that could be had At least
this is the direction talk is now taking
as 10 the probable outcome Of the meet
ing
On the basis OF such an outcome Of the
elections next month, * would not Do
! improbable that the securities OF the COM
pany would harden In price, in anticipa-
ton OF the event.
The Washington herald., 1907-12-22
FILE CORPORATION PAPERS.
Institution for the Education of
COIOred Youth.

Articles Incorporating the National
Training and Industrial Institute We're
placed on file yesterday in the Office Of
the recorder Of deeds.
The corporation Is formed for the pur-
pose Of establishing in this city an insti-
tuition OF learning FOR the education Of
colored youth Of both sexes. The incor-
poratOrs are: Commissioner Henry 3. F.
Macfarland. J. 3. Henderson. William Z.
Curtis. John Joy Edison, CUno H Ru-
dolph. Abram Simon s. Geriah Lamkins
Ashley NJ Could, William II. De Lacy,
Thomas Walker. George ". Clinton,
Brainard II. Warner. Charles v. Need
ham. Wilbur p. Thirkield, Kelly Miller,
and William =. FunneH
The Anshey Sphard KrankeE Uuter-
shtezungs Eereiu was also incorporated.
The object Of the association IS 10 pro-
mote the Hebrew religion and the prac-
tice OF the Mosaic rites It is proposed 10
erect a house of worship and other in
stitutons for teaching and practicing the
religion. including the dispensation of
aims and rendering relief 10 its sick and
destitute members. The officers Of the
society are;
Henry Smith president, Louis SpilS-
loser. vice president; Leib Logshin, finan-
ciaI secretary, Norris Schnitzer, record
ing secretary; Aaron Goldman, treasurer,
and Harry Seigel. Peretz Schelncrmau,
and Benjamin Acker, trustees.
Otto Williams. Charles Owens. and
Henry :. Nichols also placed on file ar
ticles Incorporating the Union Transfer
Society. the object Of which is 70 pro-
mote the welfare of its members and
assist in case of sickness and death
The Washington herald., 1907-12-22
BALTIMORE GRAIN MARKET.

Baltimore. Dec 2l-Following are the official
p.ices Cor to-day
WHEAT-Stock in elevators 90 OSi bushels Sales
Of cafgoes on grade at Les for special bin No red
I.0fk FOR stock No. red. LGli3 for special bin
steamer M. red. LooiR for stock steamer No. red
for special bin rejected. s6i2 for stock rejected
and s52i for rejected 20 20 through the drier- One
small cargo by sample brought l02- Contract opened
hrmcr: January. LoraaL0fis- sales. cars No. ? red
Western spot. Less. car steamer No. red West
ern SPOT, L0l cars No. red Western spot L05ik /:
car steamer No. red SPOT. LOO: 90 bushels Feb
ruary. LGTis; 5000 bushels do. Lo6a 40. red
Western, l05is; contract spot. l0i; No. rcd Lo2;
steamer No ? red. Le steamer No. red Western
L0l Western. spot, December. L05A. Januars
l052a1.06 Contract closed quiet: spot. December
l-0i; January. l0fia; February. L06s May. Ill
CORN-StCck in elevators. 657 GA bushels. One
cargo Of rejected yellow brought 57lA while a cargo
yellow on grade sold at g. for yellow or mixed 60
for steamer. 5Sia for No. 3. and 81 for rejected
Small sample lots Of new white corn went at 50 and
c.. Track yellow loldl for domestic delivery al "A
bushcl for CARROTS Contract January 62l4sG2lz
Sales 5000 bushels year. g.; cars steamer mixed
SPOT S.; 1000 bushels February. 62E; No. white
6s No. white. new. So UiXed G.: new. G.: steamer
mixed. IS; steamer white, So; No. ;, 55s. Western
The Washington herald., 1907-12-22

NEW YORK MONEY.

New York. Dee I.-MoneT on call .uominally 3
per cent today The market ruled active but some
what lower this week.
The currency premium continued firm most cf the
week. touching = per cent. Can leans were made
M p and per cent, ave1ging about Is.
Time mo-Cv THIS week was still pCy difficult 90
obtain. ard DO business worth mentioning was done.
Rates were quoted az 10 per cent for thirty days.
y per cent for sixty days 10 per cent for ninety
Gays and four months. and per cent Tor six
months.
Mercantile paper throughout the week was very
quiet. The tone q rhe sterling market to-day was
hrm. bl. demand bIus experienced an abrupt de-
cne G e. points 90 Sc. owing % the fact that
t0-d2y's steamers were the last that would arrive
II London in time for the January l payments.
Gables. however, were strong with an advance Of
a cent 20 ASH. inquiry being transferred thither
now that demand bills not available f0T the
year-end maturities abroad To-days rates COR az
tua business f,550ahSjji. compared with l7965
last Saturday. demand. 4sllA69j compared with
fse0a4 $3.50. and cablcs. AssG compared with is650a
4s6sj. Commercial bills were i7shaLsiia. compared
with 4lsi-a4.sois az the Close cf last week.
The Washington herald., 1907-12-22
COTTON MARKET.

Quotations furnished by Miller & Co, members Of
the New York Stock and Cotton exchanges and the
New Orleans Cotton Exchange. 1888 I street north.
west
New York. Dec. 1.-THE Chronicle figures Of the
visible supply 4l5iOOo bales against 49sl 600 last
year and American. 3,539.OO0 against sss9OOO last
year, an increase over last week q OO0 a loss
from 1906 of $50 coo and a decrease from 1906 Of $50
90 Exports for the week were 1900 bales making
total since September Of 3,3IIo 900 bales against
3705,@o last year. Liverpool again reported better
market than looked for. and this held our market
in spite OF frequent efforts Of professionals 70 push
prices down. There little activity but the feel
ins was hopeful. largely because Liverpool Is 50
friendly and the South continues 10 market slowly
New England mills continue 20 dwell ON the probe
biity Of olrtailcd production. but there is some
doubt whether this VII amount 10 much.
Liverpool Is due ] 10 lower
The Washington herald., 1907-12-22
ARGUMENTS IN WRECK CASE.
Justice Gould Expected 10 Charge
Jury Tomorrow.

Arguments were made by the defense
and the government in the Terra Gotta
wreck trial yesterday.
Prayers had been made in the case OF
Engineer Hildebrand, Conductor Hon-
meier. Fireman McClelland. and Brake
man Rutter. charged with manslaughter,
in connection with the wreck on the
Metropolitan Branch OF the Baltimore
and Ohio Railroad December % last
Ordinarily the court does not sit on
Saturday. but yesterday a special session
was held so the case could go to the jury
tomorrow afternoon. District Attorney
Baker presented the prayers on behalf OF
the government. and Attorneys Davis and
Bendheim for the defense.
Justice Stafford took the prayers under
advisement, and viii include such as ne
accepts in his charge to the jury.
The Washington herald., 1907-12-22
GRAIN AND PROVISIONS.

Quotations furnished by Miller q Co.. members
q the New York Stock Exchange and the Chicago
Board a Trade, l115 r strect northwest
Chicago. Dec. L-Just before the close brokers
started in openly % sen wheat. Traders heretofore
have been inclined O. scalp the market 0u the buying
side. taking 4Cick IrGats on every uptlrn- On the
bIlges there further selling for snort sc-
counts. NCgs from Argentina Y1t ont hy the news
sgcnees was bu'lish Some local elevator houses
sold December and bought MAY az . cents difference
ETlortess declare rlmors % good export h1,iuess
from New York are not founded Oh facts as tIeTo
is practically no demand and Do bgsines- lkey.
Clm Has dulL There WAS early disposition %
sell on the government report. which was later
checked account a. the stif rallies in wheat
There Tss monc Cr less pressure 0n account Ol the
feeling among traders tsst the clear cold weather
VIII result n greatly increased receipts MaIkct
cl0sed with a downward tendency. Estimated 56s
81 u
The Washington herald., 1907-12-22
LIVE STOCK MARKET.

New YORK. Dec. a.-CATTLE-Receirts 4s0
head; trade il live cattle; nominaIly steady for
all sorts
CALNES-No fresh arrivals: feeling weak exceut
for prime and choice yeals. Dressed calves in hight
supply. City dressed veals slsal4 per ID; country
dressed. saI2
SHEEP AND LAMBS Receipts. $50 head: sheen
nominal lambs slow and . to 40 cents lower. at
65a6oO general tor prices, 625; culls. 500: fully 10
cars unscld.
HOGs-Receirts. $3.50 head; feeling steady and
common nominal; 4s0a5.O1
Chicago. Dec. H.-CATTLE-Receipts 200 head
unchanged
HOGS-Receipts. 900 head: market 10 70 Is cents
higher Light. L25a4- 50; rough 425a4 90 mixed 3ea
ass: heavy. A35a4 65; Pigs 36oas5O
SHEEP-Receipts 400 head; unchanged.
The Washington herald., 1907-12-22

SPOT. Dvcemh1r. old. e9; new. 6-tas2. year 6Izs62
January s.. February e2iz. March. S.
OATS-Stock in elevators 215 Sc bushels: ship
meuIs fI0m elevators. 1900 bushels. White No. 9
heavy 57a5-'z; do No 2 light % medium. 5siza57
No. 2. heavy. 6l55i. do. 40. s. medium. 81 aa55ia
do. No. 2, light 5isa55; do. No + Eight O. heavy.
81 .a55is: mixed. No. 2 54a5H: do. No 3. sass
do No. 4 5la5L
RYE-Stock in elevators. IESO bushels; ship
ments nun elevators. 223 bushels. No. Western
rye sold 40 3i155 a busheL
The Washington herald., 1907-12-22
RESTRAINING ORDER ISSUED.
Prohibits Disposal of Valuable Sc
curftieS.

Justice Davis, Of the Supreme Court OF
New York, has issued a restraining order
on the officials of the Atlantic Safe De-
post Company. Of New York City. pro-
hibiting them from disposing Of between
$20o,0c0 and $4,000 Of securities alleged 10
De "A part Of the estate of the late Mrs
Ellen N. Cotton.
This injunction was granted on the
petition of Attorney Charles a. Douglass,
and Brainard ". Parker, of this city,
appointed by the Probate Court as col
lectOrs Of the estate.
II is alleged the securities were hypJthe-
Gated with the deposit company by Wal
ter j. Barnett, one Of the executors and
trustees Of the estate.
The Washington herald., 1907-12-22

New York. Dec. 1l-WHEAT-StOngcr. hindcung
trade. No. J Northern Duluth % arrive. l2i'5
No rcd T. O. b.. LCsi1. NJ. ? hard. f. o. b.. lis.
No macaroui. l0i. {. o. D.: No. ? macaroui. o..
Exporters took 10 loads part from Buffalo.
CORN-lnactiye; easier. No. . elevator. 7liz. No.
p T. o. b.. s.. for December 70 March; No ? white.
T. O. b.. 653. Exporters took loads.
RNE-Stea Is; sOw trade. No. quoted az 90
T. o. D.
OATS-Steady quiet trade Elevator pnces. No.
white. 57iz: No. white. 81 Ne. mixed, 81.
Prices for futures follow.
The Washington herald., 1907-12-22
WASHINGTON STOCK MARKET

Sales-Regilar call y O'Clock noon.
Washington Railway and Electric 49, So9o az 12A,
SlO0 at IN, sl0m At 72H, $500 az l2it.
Capital Faction. al Ia 20 l2i.
Washington Railway and Electric preferred 70 at
IS. 10 at 6S. 70 al es&. 70 az e3, 50 az g.
MergenthaleT. 10 az lS7I4.
Alter cal-Nashington Railway and Electric As.
SEQ AZ lS S5o9 at g. 5000 az IA. Slco0 Gt 73a-
Following are the closing quotations yesterday
local stock exchange:
The Washington herald., 1907-12-22
Ocean steamships.

New York. Dec. A--ArriYed: Kronprinz Wilhelm,
fr0m Bremen. December l6-
Arrived out; Amerika, az Hamburg; Lasitania. at
Liverpool Celtic, az Liverpool; Philadelphia. at
CheTbosrg.
Sailed from foreign ports: ST. Louis, from South
ampton; CampGnia, from Liverpool
The Washington herald., 1907-12-22
NEW YORK STOCK MARKET.

Quotations furnished b. Post & Flag. members o,
the New York Stock Exchange. Benjamin Woodruff,
manager. 1881 street northwest
Total sales. s.............2I .2I9,2O0 shares
Call money; High, IL; low, 71s; close, 10.
The Washington herald., 1907-12-22
PRICE CHANGES FOR THE YEAR.

Following are the bio prices yester.
day and on the corresponding date one
year ago:
GAS BONDS
The Washington herald., 1907-12-22
CURB MARKET.

Quotations are furnished By T. R. Chapman &
Co. members New York stock Exchaua. q. Bowie
ChiDnan. manager 1901 street northwest
The Washington herald., 1907-12-22
MINING STOCKS.

Quotations are furnished by Irving X. Farrington
& Co. members Of the New YORK Produce Exchange
Frank {. kirgsland. manager. Hibbs Building
The Washington herald., 1907-12-22
BOSTON STOCKS.

Quotations are furnished by F. r. Chairman &
Co, members New York Stock Exchange G Bowie
Chipman. manager. 1901 street northwest.
The Washington herald., 1907-12-22

'Ssll' cents per share.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-02-08

dice against the Jewish race I'm England was
strong. and when young Goschen went to Rugby
he was the butt OF considerable horseplay this
account until he thrashed the ringleader of his
tormentors. He had already the esteem OF
Dr. TAFT the head master and after that he
looked up and respected by his school fellows.
He made an excellent record at Oriel College. Ok
ford and took high rank upon his graduation al
though. owing to conscientious scrupes against
taking the oaths then demanded he did not receive
Il degree. As a partner Of the house of Frdhling
& Goschen he first into prominence. becoming
ii director of the Bank OF England ut an when
most young merchants occupied with the
drudgery OF business In 1863 Mt the age OF thirty
two he was returned TO Parliament a member
for the city of London In the Liberal interest. He
at once showed himself 10 be powerful debater
support OF the measure for the abolition of re-
ligious tests. His progress rapid. and at the
general election two years later he had the high
distinction OF standing at the head OF the poll for
the city of London.
Mr. GoscEen then retired from business and de
voted himself entirely to politics, Honors fell
thickIy upon him. lie held a place in Eacl Rus
sells ministry yice-presdent Of the Board of
Trade. was made IA member of the Prvy Council
and after "a few months apprenticeship to office
as Paymastcr General, was taken into the Cabinet
Chancellor OF the Duchy of Lancaster. 1t was
at that time that he into close assocla ton
with Mr. Gladstone who formed II high opinion OF
his ability, especially In regard to financial affairs.
When NJ. Gladstone came into power, In 1865. he
made Nr. Goschen president of the Poor Law
Board and gave him one high office I'm his Cabinet
after another, using him n financial adviser. In
1871 Mr.. Goschen succeeded Mr.. Childers First
Lord of ;he Admiralty. The ministry defeated
in 1874 and "a general election followed.
Being OF office. Mr.. Goschen turned his atten-
ton to the financial difficulties OF Egypt, and was
delegated by the English holders Of Egyptian
bonds to represent their interests in Cairo. lie
speedily devised scheme by which the Khedive
was enabled to pay his debts. while the crushing
burden Of the people was greatly relieved. lie
was one OF the British members of the Iuterna-
IN
gust. 1873. mt the instance OF the United states
government. Ia 1890 70 sent special mis-
sion 10 Turkey to settle ugly dispute between
Turkey and Greece. He successfully accomplished
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-02-08
WHAT is GOING ON TODAY.

Annual meeting and luncheon Of the New York city
Patriotic tea under the auspices of the WASHINGTON
luton hone Of Miss NJ Elizabeth Lester, No, 45s
Authors matinee Tor the benefit OF the Mary Fisher
Home OF New Jersey Waldorf. 2:3o p. m
AmsteTdam avenue ana Ioath street, evening
William Hazlitt' waldorf. SIS D m
ATion soeietys annual ball Madison square Garden
Dinner Of Williams Alumni Association York.
Lafayette College dinnes Hotel Knc.rbocker evening
Assembly District Alhambra Hall. Seventh avenue
and Roth street. evening
Free lectures OF the board Of Education. D m
5 % k5s6 a6 go % ga Es ss
street Alyah - James "Across south America,
and Broome streets. Edmund severn, Violin and
Piano Recital, Public school 80 No. 800 East 20th
Edward Justus Parker The City OF Wash
ington' dllustrated1 Public School %. BROADWAY.
Miss Charlotte Teller "NIirabeau he tician'':
49, Gorrssnv.i Siii,fstratsd 8bi,c stboo i5s
ward Bgeow. Journeys About Home-Road-
school 1850 suffolk and RtyingtOn streets. Miss
sd +rCt ~ NJ $50
Birds. gnusr@tsdl' Institute H9il No 2Is East
stsr Young Me11 HePS.%s9n lent Association No 81
illustrated: West Side Neighborhood House. No
6Ol West 50th street. Charles Johnston. The
Renasceut Ireland OF To-day tillustrated). Public
School 169th street and Third avenue: Henry
tratedD. Public School $, Mosholu Parkway. Briggs
Banhridge avenues. Alfred r Ommen CITY
Magistrates Courts. Public School II. Fordham
avenue near Main street. city Island. Jesse C. JOY
Thomas Jefferson; Public School IS Anthony and
fremont avenues William l. Mason. THE Wonders
OF Colorado illustrated: Public School 81, 1881
Beaumont and Camhreleug DR. J
The Broken
Bones DisIocatious. SprRlns, SuffocatIons Drown
ing Choking. Group Public school 80
avenue north Of lslth street DR. Isaac q sturEes
Napoleon illustrated: Public School 80. Avenue
.. between Sth and 9th streets. Cnionport Pro
Henry r. NurthrOp. 'Nesuvius and the Bay
Naples illustrated
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-02-08
NETWORK DAILY TRIBUNE FRIDAY. FEBRUARY s. 1907.

in 1880, finding that some of his actions a mem
Der for the City of London were adversely cTlu-
cised. he wrote strong letter and retired. Ine
electors of Ripon in Yorkshire returned nm Will
out difficulty, and he afterward elected lOr
Edinburgh. being of the few men who nave
sat in Parliament for bOtn the English ana SCOT
fish capitals
In 1885 Mr.. Goschen began to drift away from
Mr.. Gladstone and the majority OF the Ll6eTal
party on the question of Home Rule. and IN 1880 ne
definitely broke away from them both or all the
stone at that time formed the Liberal Unionist
party, Mr. Goschen probably incurred the 6itterest
displeasure of his former chief. Mr.. GLADSTONE
was greatly enraged, with the result that MI
CTOschen defeatedaat the next election Not et
al discouraged, Mr.. GOschen sought and obtained
an election elsewhere, and became the head OF the
UniOnist party. He became Chancellor OF the IN
chequer In Lord SalisbuTy's ministry, succeeding
Lord Randolph Churchill and contributed 10 ITS
eriDg the taxation, paying large sums OF the ma
tional debt and abolishng VeXatiOuS impOsts. In
1896 Mr. GOschen became First Lord of the Ad-
miralty. During the five years Of his admtnistra-
ton fortyfour ships. each over 5000 tons dsplace-
ment, built.
Mr.. Goschen made Lord Rector OF Aberdeen
University In 1857 and Of Edinburgh University in
1890. He had been Chancellor of Oxford Univcr-
sity since 1903 He wrote largely financial ques-
tons, and his treatise on The Theory of the For
eign Exchanges is standard work. Since his
Goschen, he had taken a less active part in public
affairs than formerly.
In 1857 he married Lucy Daley, the daughter OF
John Daley. Mrs. GOsChen died in 1898. His son,
George Joachim GosChen. already bids fair to
make a name for himself in politics