davidaulloa/AmericanStories huggingface dataset:
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09
LICENSED TO WE'D

1arerh Discs Cardova Alaska.
and Uasr sthnritk1f. saull sfs.
Mafie Mieh beth " ioaai hKe
aeaoph , Mrefean sg and Jessie
HefHica willis. f.. both II Ballard.
Raymond A. Gibson 10. and Maud
D. Johnson o.. buth of Kent
Wm a. Mcclellan ~. lrondaie.
Wash. and Anna D. Benson. 80
Kfic D johnson. -. and Lucy
wilson ~
Iasofh ehcdniek re-. and Mrs
F1afa lthodss. So. TbofnaYke HaT.
Wash
hard e. Keefe. 80. ana May
MtciuskY. legal age
Nm tlandman e. ard faunts
Pfuhie. "a
Hugh a. johnson. -, and Annie
Andersen. =. both Of Vancouver.
M e.
" " Msf1n. e.. and Hnda +.
johnson. "a
stanisiowaa sadnnkon. So. and
1osepfi HaltuEiil 30. both - Black
Diamond Wash.
Michael Fsnneil. %. and aae Rcy-
uoids. -
= e. Peterson. o. ard Minnie
Nelson. e. both ~ Tacoma.
Henry Donovan. ~. aud Fannie
grimm. g.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

Pompadour ribbon is the fiaish.
ing Of q white orRandle fraek Ter a
young mBtron Tho ribbon Is OF
DUH green. with gay floral design.
The narrow width of val lace In
great prufuaion appears upon this
frock Bach Of the narrow flouncos
which iflm the bottom of the skirt.
the bertha and compose the sleeves
are edged with the lace
The deep yoke is formed with
alloVer val aud the rosotte which
decks the LETT side Of the coraage
Il 1t the pompadour ribbon The
ends % this pass through a rhino.
stone buckle and las over the
shoulder
The model Of the gown Is the
modified princesHe aud ihe fullueas
Of the skirt Is caused By box plaits
at the waistilnc Through these
the soft belt Of pompadour a. car.
-riod and in the back rises high be-
tween The shoulders and the ends
fan TO the hem Of the gown
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

Hlrths were registered today a.
follows
Aiilan-At tloe Meridian av..
April :. to wife % John n Mcmillan.
IT,. a son.
sehafmrrhoFne At aaTe Craustou
NV April 2. 90 wife 90 Frank u
Sc hermerhorn. son.
faimaf-At Seattle General hoe.
pitai Aurii s 90 wife 81 II. Palmer.
daughter
Mccormick At iafs sixth av..
April 7, 70 wife OF A. n. Mccormick.
a daughter.
f.andasa AT gaos InRersall II
April 6. % wife 81 Cornelius Lam
daas. "a daughter.
Wedmark At Fremont. Apfn I.
O. wife IS swan Wedmark. a son.
calhoun Al Pacific hospital
April = Go wife Of Scott calhoun. \
SON
Fernntron--At sea- Woodiawu av..
April &. 60 wifc ~ John a. rern.
strun. aon.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09
JEWS ENTRANCE TO US.
is NOW VERY EASY

ana Jews who wpuit formerly have
been sent back 20 Europe - pauuefa
80 otherwise nnt np q the lmmiEfas
tion tests. have BEEN permitted -
land
rhr commissioner has also sought
the help % congress q relax tbs ~
riuriop regulations tsue member
- the Hruata committee On iinnls
grafton was asked g. incorporate ~
lhe AN Nhieh was thsn psndinE iH
conference. the Ha-saiird iAgtmuer
amendments. Whieh sought 60 pro-
vide that The unIiaa states should
receive regardless ~ afhaf tssis ait
jews Wha left their ranntfT a. ~.
sHlf mf religious persecution.
shieh. Il Il pointed sat BY ImmkFa.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

DEATHS were registered today as
follows
Ripley Alice Ripley. 5a. April s.
az tt0a Ninth av
Williams Jessie y. Williams. g..
April g. a. 1915 Firth av. y
Naliecn n /. Nnlleen. So, April
8. az Providence hospital.
Moe ole A. Mec. a. April :. at
1914 D. spring %.
Nrhber Mrs Abbie NJ. Webbor.
~. April 2. "a 2oe 2srd av
stlsby Mrs Edna q. sHshy. rs.
April 9. az 1857 p. Pike IT,
ttoHbaeh-E Earl Rosbach. II. April
9. az 1896 Belle hue as.
Osborn Fern Osborn. .. Anil g..
at Seattle General hospital
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09
Sweet PeaSe Today

We ore not Offering The beautiful
~ scented flowers. bat that artistic
NaW York plano. the famous Peuge
ct tremendous reductions during
cue emergency sale This superb
instrument Is decided faForite
with the arisiocracy of the eastern
metropolis An unusual oppof
uniiy now awaits faafidioua buyers
io not only secure the popular
Poaae. but even The glorious Chick
rrines and klmhalls and Hobart N
Cables arc now offered "a a great
aaennce Make your own terms
- 8 Johnston Co. oldest and lare
est deaiera. a03 Second ave. ."
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

Ths eali e Ueafrifa Davis against
y y Pfuma1pr Susan riamnssr e
~ rlumfnft end Or , q stuart
IfnF tfa.aa9 ts eu tfiai u the au-
pefsar court today Hhs claims that
W. = f1ummeF. her divorced huss
hand and hts feistites induced beg
IT, submit te a criminal operation AZ
lths hands ~ ~ stuart ehich loft
her an invalid.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09
ESTATE TO
BUY LOTS

The executor - the Mary A. Gaff.
mes estate today filed a report with
Judge Aibeftsou that the estate has
$3.50, 900 cash on hand. and asked
90 lnyesf tiIs.U01 81 tNa lots In the
hmad@aY district. known as lota
. and Ia bl0ck us % 4 A. Den.
ny'a addition Judge Albeftaon
gfanied the request.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09
ON The FRONT

The steamer Portland sails 10.
morrow night Tor Vsidoa ieaeinr
fsirr 10 At 2 m shr earfisa q
complement II pRsHeuKera mail and
freight
The Steamer Jefferson leaves Tor
skaNWay "Wednesday uishi frou
PIER i
The Steamer city - Topeka leaves
Wednesday fuarnlug Tor san Ffsu-
cisco.
The steamer pifira leaves Pier
I for shanWaF tomorrow niaht with
IS cargo - explosives. She carfiea
10 uasHnuErfH
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09
FLASHES
rsks ssrahas uask

fwFA" 80 @Af@N 49,
Frank safahas. arrested Sunday
upon advlee ffun CjafsmaFe j..
aiii - taken back 10 that cigY hs.
slwhs ~ unitsd States Marshal
Frank DaFrow and Deputy Cham
beriain. to anAaer q forgery ehafEc
Y. W. c. a. 70 Canvass
The sesiiia \ " G A. will im.
mediatsly begin ran0asalnK she go
meu nmploYea % the city 70 raise
gi0.Ge8 to start their buiidiug fund.
before appealing to the business
men.
Burglars IN House.
Thieves last nieht entrred the
home ~ " " Hiaie. Ifg7 Twenty.
seventh a.. And secured g. Ia cash.
q aoill gold watch and a purse con
tanning fafo old coins
Didn't Knew How
George riir. q fuomar 81 the Co
inmhla hofei Columbia. tells tho
police he drow sino from a bank
Saturday and came % Seattle 20
buy e suit pf ciutheH Later be- had
fsw drinka The lass hr rvmem'
bars vas 10 the Earis house. A.
second aud Yeslef lie aHukc 10
the Oregon house. Second and
Washington. pennilesa and without
the clothes he had purchased.
ThIeves Take Seat.
Burglars last night broke opan
boathause on Lake Washington run
Is John Lamb. 1906 & Pine e.
taking one boat. oars aud other ar.
tieioa Of less value
ciarence D. Young Dead.
Clarence y Young. aged Is. died
yesterday afternoon at she Seattle
General hospital Of spinal moni1
gitia.
Three New Citizens.
The follnuing obtained natural.
fxatlon papers Monday George
Lamont. Scotland. Henry Rub
recht. Germany Fred smith. Hol
land.
Exchange Meeting.
The fitsf regular SECESSION Of the
Seattle Dairy Produce Exchange
vas held Monday Ia the Merchants
Exchange rooms
To Sell Bonds.
The ordinance authorizing the
sale Of the 81 $50 600 sewer bonds TO
the Harris Trust q Savings bank
was given first reading last night
Sues For $4,000.
Il. G Burke has sued q y Ilill-
man for $4,000 damages for wrong.
fully recording q contract for the
sale Of certain property IN the
southern part Of king county
Liederkranx Concert
The Seattle iiederkfan8. under
teh direction Of Alfred teuben. viii
celebrate IT, eighteenth anniversary
Thursday evening hY q grand con.
cert I'd Turner hall
To crate az Pullman.
ON Friday afternoon the high
school orators will compete - rep
resent Seattle IN the contest az Pull
man ON Mas 30.
Vaupsll Confirmed.
The appointment 81 John Naupell
10 Do huma1e officer was uuanim-
oraly confirmed By the council last
evening
Still After Permit.
Foufz a. williams who nre erect
ms large apartment house on
Queen Anne bill, were before the
board Of public works today va a
new effort 20 get permit in con-
nIat with the building ordinance.
They have had the matter before
the mayor. The council and the
building Inspector bat have not Yet
been able 20 got what they want
Sues Hswisy for si5.9eo.
Caldwell Bros have sued H. W.
HaWloy, the contractor employed tn
aluIeine down Denny hail. for 9i5.-
eae. claiming that as the value Of
certain electrical machinery in
uawleys possession which be re-
fuses to return to the plaintiff
Claim for Lumber.
Brace a. lIerFart have inieffoned
in che suit o. MrpouRnll q uinham
against Charles a Taylor and -. n.
Holden for materials furnished for
the Castle Garden thontor Brace
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09
SUIT FOR A
RECEIVER

" Coleman. vice president Of
che Munfana Stables company. 10
dag brauzhs auil against the com.
paaY 20 have a Heeel9er appointed
He claims taat the company. which
does 40 immense livery business Il
ali sorts. ia inaalseat. and aiierea
that there Il mnch strife amons The
officers and atneA holders
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09
TAKE LEAD
PIPE

The appearance u lead pipe
thieves has again aroused the local
plumbers. and tho police have been
enlisted 70 stop the work. Last
night the Sunrise Clothing com.
pany. AZ 2tib First ay.. had Us laY.
atory stripped OF every piece Of
lead pipe. leaving the building
flooded with water.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09
ts,ar ss.slsl s.rs'ss.l

WASHINGTON. y. g Arrsi >
Secretary stFaas q The DEPART.
nent OF co1anrrvs ard labor. has
gakva stsns stneg hia appointment %
fnlaS The regulations sovefnins the
admission II alien Jews.
Il i reported b. ihs Immigration
authorities Ia SrW Nufk that thrrr
has bern marked change in the
administration - the law sfHca Mr
sgrAua faak hold IN passing on in.
iiYiiual eases tbs rulings II ths
eomfuissionpr ~ immigration W
previous eases bas been ebsased
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09
CLAIM
OF $4,000

F.ilza Haes to-day filed wiih the
eity council claim for siw.8op soc
says she fell oa she Sidewalk on
ffffh av March g. broke an arm
aud sustained ether inIufiea.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09
Seattle stars Exclusive s'rvies.l

Seattle Stars Exclusive herNieel
LONDON. Aprli e.-The fo-
nance aa we'll as the misery and
Shame of old NewRato prison. Eng
lands most famous iatl. has mat
been revived bv the dedication % a.
magnificent modern prison and
court building to replace The vie
ancient building which had become
the pest spot of England
Newgate dated back 10 the 18Th
century. For over SEQ yenra % was
hrli ON earth for an classes of
criminals mixed in prumlseuousiv.
subject 10 fortunes by keepers. to
cpidcmicH 81 disease which more
than once emptied It Into the grave
Yards and Co every known human
discomfort. Those conditions es-
iatrd up 20 modern years and the
sanitary conditions especially were
Impossible TO reform 80 the whole
pile was RACED In 1909.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

fStsr snseiai serviee.l
VANCOUVER. - C.. April g.
Another disastrous fire occurred at
sleveaton last niRhl when So one.
story cabins we're burned 10 the
ground Ten men who lived ia a
few Of the cabins had narrow es-
capes The roW was near 10 China
Bn which burned down Friday
morning. The fire n supposed 10
have been the work of an incrndi
airy The cabins were owned By the
Lighthouse CannefY company
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09
WHIMS OUT

Tho junior Issue a ~Whlms" an.
pearsf a. the hiHh aeheal geHteg
dnE William } bryan wrote =
short afticis GA Education ex.
prssniy for tho ~WhimR
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

vepssahls-.
Potatoes laeai waite Rivers. per fea.
fsasl - tatias Halhsats. ref 80, 800
80 ss6esss wiaalassssa 81
uuffa - lafis. aft 81 snWi - sat
,s's a. 2 -. =. 'g.s .. =
hefe fz9ish lh HNi aezeff. aar sHfaz
telHfg crate % srtieisakas 81 ffal.st :.
- 80 astsa's - 2" a ZEE e., .. sa..
sat . ~ iisFsaf.. 81 t.a..ss.. go
s#8sei asaita6zfs e - aos.
Fruits.
GRASSES ffaHs = as rh
s.s.. - 1855. $50. 4 sSi s. .ssais.. srse.
ffH5t. . s5#sEa. isapeus# bes. g. 80 r.
sasss pes eass s&g HsssFe ssnass 80
-. .. =, 49, -. !, rs sas s. n ssss =.
sissars'ss. - saa s. osss ". efsatss
iFiss. psg - . assla. efeabsfsiss ssr
sirieur ffras rsa-I srrs aarsa .ae;
Essfsrs szFr. -. uferaa faueh r..
auissF and Chess.
- = s,...as 49,. ssseas2 e ..a ss,,s =
stass-s kas,7siiss Ia,isf' D. ~ rAsss..
MfHerHsa fNAas Haf -. tfAH Masenasla
isIe. e. ga asriss sse-ss. i isa.ds.
hfHaa HNHts. F.. ftsss sis Tiiias1fsah. 4Nts Ea
posltry.
AaFH. Oh ftiatHHfs -. 80 hstiiilts ass-i
- fiesssA = saH4@ live dasls r..
Live stock.
ssss1s ~ 10 81. eews psf =. fs9ss.
ss.ssA psr n ts9sss. ianlna pr heA4.
Erheensf haifhuf. ref .. es1toi steamer.
Der lc tH4WAE4 NalfuNn ffnaf Der ~.
iisiss fpfk -, ~ y ies slrlss i,.sF
% kNtaF rrf Haiian. soa<ac silver Hn@it
u sz. eaIlas. $ y. srahs d sci =. ssse.
& 80 erarpFfs. tasc. risfns rsr sark
T. eta = siurN~on. 80 r.. tsHiAe. fraHen
ahad ref " A.. kicsihead ssirnoH. pei
- iiaisa. frafcn silver salraas. psf u
D.. ffuzsa ghiaeoks net -. G4e
Aeata.
stssfs ref -. - sews. per y. f4esei
spf.na lsHs. pr u. izsses creased ass
Nay ard Fosdstuffs.
l. Easisrn NAshiustaa finaufhr. psr tnn VI
peEsf euaad Zen. fali alfalfa ieu. frurt.
vteai haf tea. - sheis con. Per ten.
ilt1se. sfA .ssa esfn saa Isgs fes:
as. iss. sisee. trss to. m. .ssrts
ten iltHn. ehesPed fsea. ten. ~. oats
Lime ard Cement.
Portland cFfuant fiurtrtad feF tht y -.
paFtiant ee4neuf. California. par III. o. ~
- =, tssgFnea saF. plaster esfts
81 81 y. IRE tfist. rsr m w.. plariss
SO hair psr u. - metal i4th. per rard
re aset hkfd mall plaster ton. a.. Sont
fitsr. Us. ureas lime. ~ e.
Nuts ana F1ea
Fancy imgeftst nss itci nsu val
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

According 70 reports received to-
day from labor headquarters IA Ia
coma by Seattle labor leaders. the
situation ia quiet On that city. and
NO general strike over the opcu shop
aueaIIon b now antIcInnied
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

A. the regular weekly meeting
~ the Chamber " Commerce Wed.
nesday the COMMITTEES on ttsnHror-
tation VIII submit a report on she
committees conference with off,
etaia 81 the Northern Pncine and
she Southern Pacific regarding
closer passenger connections az
Portland
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

HsrEsff claim amounts o. stts
Faf humber furnished Va
Offers systess.
The ramsmeii Fira Alarm eufa.
s8n8 has offered q iasfsll ssuef
nsstsm fer this cifg To- fhs mia1 81
asgs9 u viii Include So RES aiares
fsaksa -
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09
THE MARKETS

A car Of Minnesota potatoes. tho
first Of Il large shipment 20 come
from that state. arrived on western
nv. yesterday
several more cars Of oranges ar
rived yesterday
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

he has been = convict tounfs
than any other prisoner IN ths
United states,
4 DO not have any horruwa here.
he said. nor ans JOYS. either. Ike
tho people outside don't hsye
ans prltationa or ans bad luck and
I am never sick. 80 q IL not 20 hard.
4 feel differently than ! dld
when / came IN here. aud know i
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

on Friday pyenlnr tho lliRh
School Musical association VIII
give it's annual concert In the high
aehouF auditorium
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

when Harry X. Thaw dfew this
pasture ~ tia wife M she court room
b. handed II ~ a reporter with TIE
remark 1t ~ rot very good. bat
theu nalpdY couid ever Do her just
fierF enc ~ the prisoners oeeupas
tians while niftinE IN court ia 90
nfHn sketches 81 parsons sitting
around ~ ufAr him 80 takes great
delight in Ahrtehlug court officers.
but tears ap the drawings almost
aa SOM 80 they ere made This ONE
~ Evelyn Nesblt Th#N he MSS APP
tsafrntiY nlusf proud 81 sud sas re-
iustaug a. allow n cat Of hia pos
asaHion even FOE ths time necessary
faf photographs reproduction.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

Huft, Per d ias. aifHgHca. Bw bi lsei
rhsstnats aIifc4 eocaanDfa. per d.. esei
peanuts ST.. Spanish shell ptanu's 10
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09
ssp, nauns A,.a

~ - ss.' s.. Then depicted hou
= -. - Efslgn had met almost
s..s- how Evelyn ~ last
~ -, .asi The stories told her
.. nav were untrue
=. exclaimed Deimaa hone
- can 70 dawn IN fhis man's
faet1 ne honr Of reconciliation
ns ne barriers were falling
n came closer together ur.
=. ~. aiessea uighi OF ebnstmas
~ \. -the night White had 8-a
a. ne hiEb tower bqnquef
~. 1fi this Victim III Ms
81 !. va 20 lure her 10 his den
81 49,. 49, Nnen BE- hoped 10 fanew
- s' TO her That airht this
~, 49,, ..o'sa . her, anaiehed her
| 4, ~. "g'a ne laws 81 death. from
~. o. disgrace and took hes
a.sht The real love for each
n Hfs- AtaNN NtHHf whom
/ % he man who had noe.
,. pistol IN hand. White
81 r shoot the man Who
explained how Tbaw De-.
sr.. ehlie employed Monk
. gang 10 knl him. ana
As speeior that be mlrhl
pta ne vas added h. ne
- A.. h.a haunted him 10 long
.l nlght BIZ vent armed T"
ling ths story ~ EVELYN
1 Delmaa aald
/ Co. iaiief pari ~ 1904 o. fha
/ % Of 1905 tee second oe.
70 performed on EVELYN
asi was consalnaennt me-
-. 'sf two years had aoupht
NO had been fafuana be.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

Burglars last night broke open
boathausa on Lake Washington run
IS John Lamb. 1906 & Pine 81
taking one boat. oars aud other ar
fffloa Of less value
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

Eastern Mashinstaa finaufhY per tsn III
rsEst eusad Zen. -; alfalfa. Tee. tn0-i.
wtnaf haf tea -. afaia corn. pr fen.
flkIt1. sra aed refH. tnH fEfVAa FEST
meal toa. f-suEs fniatHaKs ten. -. ~
naks. Tor. ffs4e. tran. ten. ~ shartA
ieu. fifNn. ehaeped fse1. ten. ~. eats
tcn. t1E84i
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

fteefs reF ~. Sc eows per ~ fAosci
yfaL pef n. t0tsef ngftea. tidif4a.
spfsnH lsHb. psF u. tzste, afssnsd ha0s
lsf %. Tie.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

rsnsr impa.iss nr iis. nsw
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

| : ssf
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

toth
lha
| oke
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1907-04-09

| TIE
atst
a.
| zoos
Evening star., 1907-08-25
American Railway Improvements.


Until shortly before 190O-1s99 to be
exact-freight rates declined under a
fierce competition for tonnage. Until
after 1895. ton miles of freight per mile
OF road remained practically stationary
Both of these results were. directly and
indirectly. consequences of too rapid
growth. AS for operating conditions, the
period Of improvements not having
strongly set In, train load showed but a
moderate increase and the ton Of freight
had to bear a larger proportion of the
train expenses than was warranted by the
heavily decreased rate per ton mile. From
this combination Of circumstances-thin
traffic. low rates. and high expenses. not
to speak Of the interest charges Of those
days-receiverships followed as a matter
of course. After the ruin came the time
the disastrous expansion policy of the pre-
cedlng twenty years. With the return of
confidence there was an abundant supply
OF capital, the accumulation of several
years of forced economy and curtailing of
enterprise. awaiting the needs Of the rail-
roads at low rates of interests More
than ever before 1t was within the power
OF the railroads to choose their course and
to build the future according to their will.
By one method or another from the COM
munity of interest Of the powerful to the
lack of aggression of the weak the rail-
roads Of the United States showed that
the lesson Of defeat had sunk home. New
construction. while still active enough to
meet the constant need for living
growth. became now very moderate in pro-
portion to the extent Of the already ex-
listing mileage The offensive policy of
expansion gave place to the defensive one
of bettermentS
Evening star., 1907-08-25
WHO WILL GET THE GoLDp
The Weeks Remarkable Incidents on
the International Market
he New York Evening Post.

From the New York Evening Post.
For two or three days this week events
in the worldwide financial situation hung
very largely the Bank of Engiand's ac-
ton. The rise in the banks official rate
Thursday of last week was followed by
so urgent bid from the open London mar
ket. as a result of Saturdays mysterious
fright in Lombard street. that private dis
counts passing the bank rate had by Mon
day advanced to AS per cent, nearly double
the customary rate at this time of year.
With this urgent bid from England. and the
resultant expectation of > per cent Bank
OF England rate this week, Paris exchange
on London rose from p francs 10 centimes.
winch was distinctly il favor of the French
market, to p. .2312 last Tuesday, thus cross
Ing the par of exchange. At Berlin ex-
Change on London rose from 20 marks 4Ss4
pfenMgS to Doh which is actually above
the rate at which gold can be profitably
shipped from Germany to England. Our
own sterling market, standing in the mid
die Of last week at 4.sbts the par of ex-
change, had run up vtoently by last We'd
nesday to 4.slB. close to the point at
which London itself could take our gold.
The Bank of England did not raise it's
rate last Thursday; all of these foreign ex-
change rates have accordingly fallen back.
But the incident strikingly illustrates the
condition of the markets Londons excuse
for last weeks Az per cent bank rate was
that our market might attempt to draw
events seemed to indicate that 5 per cent
bank rate might nave drawn gold from
here to London. How Is the future to be
judged, in the light of this singular stua-
ton?
One point at least is clear: that IL the
Treasury were at this time to throw into
the banks some twenty to thirty millions
of its surplus Europe would stand a fair
chance of getting it. This is where Secre-
tary Cortelyou's plan of gradual deposits.
not in any one large block. may operate
advantageously. There remains the prob
lem as to which market. London or our
own. has the greater power over the capi-
tai of the other. At present, If this week 8
Incidents are proof, London has the greater
hold on ours few weeks hence. when
our wheat and cotton exports are under
way. with Europe forced by its own crop
shortage to buy heavily. and with prices of
the two commodities respectively 90 and 30
per cent above .ear ago, the case may
be very different What part the autumn
conditions. in London's money market or
in our own. will play in solving this inter-
esting problem Is question which nobody
as yet can answer.