davidaulloa/AmericanStories huggingface dataset:
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16
Capital Not Necessary.

Two much is said about capital,
and the young man is misled
thereby. He is told that in these
days of big affairs, one cannot en-
gage in auy business without a
portly bank account. If it is only
the roasted peanut industry one
must be provided with funds for
plant, quick assets and reserve.
But the fact is very plain that
the biggest aud most flourlshing
industries require no capital at
all. For example, the hearing in
New York disclosed that, in eight
years, net profits Of the Standard
Oil Company were FIVE hundred
per cent of its capital. At any
moment, by little simple finan-
ciering, the stockholders might
have withdrawn their entire in
vestment without in the least i'm
pairing the efficiency or earning
power of the company. In two
years they did, indeed, withdraw
their whole investment in the form
of dividends. In the eight years
they withdrew their investment
three times over. One of the SUBJ
companies earned thousand per
cent of its capital in single year.
If some good, frugal young man
without capital had come into
possession of that company he
could have paid off the entire in-
vestment in little more than a
month. At the end of the year he
would have had surplus of nine
million dollars.
The tobacco trust and the steel
trust arc further shining examples
of the absolute superfaity of capi-
tai. Each could pay back out of
profits within a short time all the
original investment of capital.
The steel trust is physically recon-
structing itself out of only a
moiety of its net earnings. The
tobacco trust returns to its origin
al stockholders yearly more money
than they ever put into the busi-
ness. Capital is not necessary in
the express and telegraph busi-
nesses. Give any thrifty and in
telligent, but penneless, youth the
monopoly which they enjoy, and
whatever capital was called for
would speedily create itself.
Too much is said about capital.
What the young man should aim
at is u snug monopoly. Having
that, the merely incidental matter
of capital will take care of itself
while he sleeps.-Saturday Even
ing Post.
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16
Baseball as a Business.

The development of baseball US
Il business has been SO complete
that it has attained u prominence
second to no other American in
dustry in extonsivencss and i'm
portauce. The business of base
ball flourishes wherever there is a
stretch of level ground and enough
lumber to make a bat, and as
more people are interested in it
than any other single industry in
the country, surely it is the most
important. In Chicago, where the
live stock trade has acquired some
what of a reputation, it is extreme
Iy probable that most of the in
habitants, if confronted with the
alternative of giving up either
their meat or their baseball, would
choose to become vegetarians. The
statistic al extent of baseball is diff
ficult to estimate and not likely to
be overestimated. Approximate
ly 800 professional teams are list.
cd under the national agreement,
and to tho players of these clubs
over 50, 2,577, 900 was paid out last
year in salaries. 10 maintain the
grounds of these clubs and for in
cidental salaries there was an ad
ditional expenditure of $2, SOC, 900.
For railroad fares the club owners
parted with close on to 81, 900, ,OOt
and for hotel bills for the travelling
clubs the amount paid out approx
imated S150,O0O. For sprius
training expenses the msgDate'
parted with 1926, 900, part o.
which they made back, of course
in the ante-season exhibition games
For additional expenses rolled ~
by the clubs playing under the ma
tional agreement there was an out
lay of at least 81, 900, 900. -Chas
A. Comiskey in American Basi
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16

Our plutocratic friends of the
monopolistic corporations are evi-
IDENTIFY feeling an apprehensive
dread of the word, coniiscatory.
1t throws terror into their souls
because they find it has suddenly
come to have more of a meaning
to them than before understood. 1t
means that they may be compelled
to give up as they have compelled
others to give up. The Standard
Oil Co., the Beef Trust, Coal Com
bine and other similar monopolies
have been in the habit for years of
assessing the public for profit on
their capitalization anywhere from
500 to 1000 per cent. This was Joy
to the monopolies, but it meant
the confscation of the substance of
the consumer, and now that the
latter, who happen to be The ICON
mon people," are getting ready to
do a little ''confscatory" work
themselves, but they will do it by
legal methods instead Of the hold.
up process Of the monopoIies.
Legitimate profits are not question
ed; merchants may make their
thirty to fifty por cent, banks NAV
eurn the same. ALI honest business
enterprise is entitled to just re-
ward and the American people
will see to it that it is 50 rewarded,
but when it comes to taking 500
and 1000 per cent it lis going to be
hold u confscation that is spelled
robbery in another term. In 60
ing after tho plntocrats switb
the law the people will only
be trying to recover what has been
taken away from them by robbery.
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16

Every once in II while someone
spriugo uote Of apprehension
that the coal supply Vi the world
will bccomc exhausted within u
certain period; but let US not begin
to sbivcr yet. Long before the
coalc cuu give out We will be through
rith it umi will be utilizing tho
force of falling wuter Instead Of
that derived from conl. We will
be warming ourselves then by
electric heaters. The reason we
arc not doug this now is because
The lcoplg have not yet got big
puough 10 separate themselves
from tho leading striugs of the
coal barons.
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16

1t is said the capital of the world
is becoming too small to carry on
the worlds business. How abou.
the necessities of mankind: They
should be enough to supply all the
capital needed. Let us begin
booking ut things in another light
than the CLINT of money.
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16
A GREAT OPPORTUNITY.
The TWicc-a- Meek Republic Now
for SO Cents Per Year.

The Twice-a-Weet Republic. Of st.
Louis has reduced its subscription
price from sl per year to 50 cents
This is one OF the oldest and best
semiweekly newspapers published
in the United States. and at the price
OF 80 cents per year no one can afford
to be without it. For 80 cents you re-
ceive two big eight-page papers every
week, IH copies year. at less than
one-half cent per copy. Your friends
and neighbors will surely take adyan-
tage of this opportunity. Don't fai!
to tell them about it.
Send all orders to The Republic, st.
Louis, Mo.
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16
Treasurer Gmelich's Fine Showing.

Treasurer Gmelich's Fine Showing.
In the hope to break the force
Of what State Treasurer Gmelich
has accomplished in obtaining in
creased interest On state deposits,
Gov. Folk has called for O more
detailed statement of the figures
in the case. The more Gov. Folk
looks into tho important service
rendered by State Treasurer Gme-
lich the more it will grow in pub
lie estimation. In tho month"; by
mouth statement banded TO Gov.
Folk it is seen that in the years
1905 and 1906 the present state
treasurer received from interest ON
state deposits $685. 900, yearly
average of SIG, 500. For the pre-
ceding fifteen years, all under
Democratic administrations, tho
yearly average was only S23, 14S.
Mr.. Gmelich Is getting more than
three times as much interest from
the public funds AS his Democratic
predecessors.
AS result of Treasurer Gme
lich's efficient and conscientious
performance of his duty, the in.
terest ON public funds generally
in Missouri. has substantially in.
creased. Cities as well US counties
ure benefited and tho total thus
obtained for taxpayers is surpris
ingly large. 1t would be a much
better policy for Gov. Folk to nc
knowledge and applaud this per'
fcctly distinct and undeniable re
suit than 10 mouse for somo quirh
iu figures that might obscure tn,
shortcomings of his party in thi,
respect. The nisapplication o,
the school fund was denied, but a
the same time, the Democrat,
leaders who disputed the charg,
were careful to get up consti
tutioual patch to cover the hole
They also burned what they callet
tue last Of the state debt; but tax
payers are still furnishing, ant
must furnish perpetually S2a0, ,00'
q year to take care Of remainin!
t.p.st ...c,.., +, -. - -. ~
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16
BEAUTIFUL PICTURE FREE

Farm Progress, big monthly sgN
cultural paper, devoted to the inter.
ests Of the American farmer, his home
aud industries. Is giving away freAi
with every three years subscriptlO0 q
beautiful fruit picture, size 2ox26 ID.
ches, entitled "Natural Fruits" TAie
Is q beautiful picture in six oDlOts,
and makes a handsome dining room
ornament. Send 30 cents for q three.
year subscription or three oue.y year
subscriptions to-day. Address oil 0T-
ders to Farm Progress, ST. Louis, Mo.
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16
How To Shoot q Rather. /"

The writer once saw an Indian
kill rattlesnake in a very pecn.
liar manner. The rattler was
about 10 feet from the Indian, who
was resting the rifle on his knee,
apparently taking aim. Whenever
he moved the weapon few inches
the snake would move around and
get exactly in line with it. Then
to show how the thing was done,
the Indian moved about the snake
in 9 circle, and the reptile moved
as if its tail were on a pivot, al
ways keeping its head and body
in line with the gun. The Indian
then agreed to bandage his eyes
and shoot the snake in the mouth.
The writer bandaged the Indian 8
eyes, and, holding the gun by his
side at arms length, the latter
pulled the trigger, and the ball
entered the snakes mouth and
pussed the whole length of its
body. ''How do you take aiml"
was the query. 1.-The snake be
takes aim," WAS the reply. We
have talked with an old hunter on
the proposition, and he claims
that q raitlespake will always
range directly in line with u gun
or stick pointed at it.-Exchange.
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16

The Republican state officers
elected in Missouri three years
ago havs all made good records in
O&se, and no ono can say the
change has not been beneficial to
the state. lD bis Office alone
State Treasurer Gmelich has his
Dsmocretic predecessors best
three to one in getting interest
sarniDga on the States money.
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16
Tie Waning HARDWOOD Supply.

wood lumber il greater than ever
before, the annual cut. today is n
billion feet less Than it WAS seven
years ago. In this time the
wholesale price Of the different
classes of hardwood lumber ad
vancel from 81 to 65 per cent.
The cut of oak, which in 1899 was
more than half the total cut of
harlwoods, has fallen off 36 per
cent. Yellow poplar. which was
formerly second in point of'out-
put, has fallen off IS l'er cent. and
elm has fallen off one half.
The cut of softwoods is over
four times that Of hardwoods, yet
it is doubtful if Il shortage in the
former would cause disa,ay in so
many industries. Tho .ceot,erAge<
furniture, and vehicle indiIsi eivs
depend upen hardwood timber,
and the raiIroa ds, telephone and
telegraph companies, agricultural
implement manufacturers, and
builders use it extensively.
This leads to the question,
Where is the future supply Of
hardwoods to be found? The cnt
in Ohio aud Indiana, which, seven
years ago, led all other States, has
fallen off one half. Illinois, Iowa,
Kentucky, Michigan, Minnesota,
Missouri, New Jersey, Tennessee,
Texas, West Virginia, and Wis
consin Lave also declined in hard
wood production. The chief cen
ters of production now lie in the
Lake States, the lower Mississippi
Valley, and the Appalachian Moant-
aims. Yet 10 the Lake States the
presence of hardwoods is an al
most certain indication of rich
agricultural land, and when the
hardwoods are cut the land is
turned permanently to agricultur.
al use. Iu Arkansas, Louisiana,
and Mississippi the production of
harhwoods is clearly at its extreme
height, and in Missouri and Texas
it has already begun to decline.
The answer to the question,
therefore, would seem to lie in the
Appalachian Mountains. They
contain the largest body of hard
wood timber left in the United
States. On them grow the great
est variety of tree species any
where to be found. Protected
from fire and reckless cutting,
they produce the best kinds of
timber, since their soil and eli mate
combine to make heavy stands
and rapid growth. Yet much of
the Appalachian forest has been
SO damaged in the past that it will
be years before it will again reach
q high state of productivencss.
Twenty billion feet of hardwoods
would be a conservative estimate
of the annual productive capacity
of the $4,000, 900 acres of forest
lands in the Appalachians if they
are rightly managed. Until they
aro we can expect a shortage in
hardwood timber.
Circular 116, of the Forest Ser
vice, entitled ''The Waning Hard
wood Supply" discusses this situa'
ton. 1t may be had upon appIi'
cation to the Forester, Forest
Service, Washington, D. G.
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16

The honorable Justices of Mis-
souri's supreme court have de-
clined to don the judicial robes on
the bench. We approve their
good judgement in this respect,
there are u lot of mediaeval cos
tums still existing among Us that
we could with. credit shake loose
from.
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16
A CRIMINAL ATTACK

on an inOtfensiye citizen Is frequently
made in that apparently useless little
tube called the appendix" It's gen.
orally the res,1lt Df protracted con-
stipatioD, following liver torpor. DR..
Kings New Lite Pulls regulate the
liver, prevent appendicitis. and estab-
iiah regular habits Of the bowels. 25c
at 8. f. Thnrman's drug store.
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16

The graft of the Standard Oil
Co. IL 90 great that it could afford
10 make a loan of $32, 900, 900 and
make no record Of who it loaned
the money to, it was such baga-
sfetle-
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16

St. Louis is going up in the air
next week. If a sudden thump is
heard upon your roof you will
know it is a St. Louisian dropping
down for IN unexpected visit.
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16

Teddy should not have said, 81
will not, " in the face Of his growing
popularity. 1t makes it incum-
bent upon the people to require
him to cat his own words.
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16

In legislating to protect the
commercial interests of the country
the people seem to have been
somewhat careless of their own
protection.
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16

There must be a 6nal limit upon
individual wealth and when it
passes that limit the excess must
20 back to those who have created
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16
Si.OO Per Annum.
As Q prosperity promoter the
protective tariff still holds both
speed and long distance records.

Even the preachers are begin
ming to ask for higher wages, and
clergyman's strike may be the
next thing on the programe.
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16

discover that the old guard style
of arithmetic is a pilfall. Mis-
souri, has been shown.-Giohc.
Democrat.
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16

w. T. Hunter, agen, German
American Insurance. Co. of New
WI sSee, lin. f,-f"a ise,s: .-e".
Potosi journal. (Potosi, Mo.) 1894-1929, 1907-10-16

The new ocean racer, Lusitania,
hes just broken all forper records
1t tra,'S- Tnr'is ~"rSs~-n. naa. frr
The Barre daily times. (Barre, Vt.) 1897-1959, 1907-12-07
Underwear Reduction Sale

Large LOT $I.aS Wool and
Camel's Hair Underwear,
shirts double breast and
back and double seated
drawers, only soc
Large lot extra fine sr.7s
double breasted Wool I'M
derwear TO close at, for the
shirts, l.2o
For the drawers, l.Io
Lot extra heavy Fleece
lined Underwear 40c
The Barre daily times. (Barre, Vt.) 1897-1959, 1907-12-07
LADIES' HtCEWEAR.

This is by far the best and largest
line Of Neckwear that ever came into
our store and the best OF I, is that
many 25e kinds arc fully up to last
seasons Soc ones
Ladies long Scarfs in plain and
Persian designs arc simply beautiful
Would make anyone glad at first sight
AL our Christmas Ncckwear comes
IN boxes all ready Tor the ribbon and
paper.
We have a good assortment Of
Handmade Ladies Meek Pieces IN
the new circular shape
The Barre daily times. (Barre, Vt.) 1897-1959, 1907-12-07

No need think Of Christmas Gifts Come to our store
do your looking and il will soon be over.
The Barre daily times. (Barre, Vt.) 1897-1959, 1907-12-07
Footwear for Men, Women and
Children at Cut Prices.

Lot Gents $3.50 Felt
Shoes ? oS
Lot Gents sag Felt and
sheepskin Shoes l.oS
Lot Gents sr.as Slippers
at oSc
Lot Ladies sI.7s Felt
Shoes L'3o
Lot Ladies' sr.so Felt
Shoes and Slippers oSc
Lot Boys and Misses
sI.so School Shoes l.23
Lot Gents ] Buckle Rub
bers and Overshoes re-
duced from $I.75 to LAO
Lot Gents Rolled Edge
Rubbers zoe
Lot So. Is FeIts and Rub
bers, snow excIuders, "the
very best Felt on the mar
ket," 3.2o
The Barre daily times. (Barre, Vt.) 1897-1959, 1907-12-07
TALK OF THE TOWN

Earl 5. shepard buys raw fur and
skunks' oil.
Fancy corset covers. one In a box,
al Naughan's.
One lot Of 5oc pillow tops at half
price at Fits store.
II. J. Smith Is giving away butter
at he store. Better ask him about Il.
Mrs. G. L. woodworth goes 10 Water.
bury tonight 10 visit relatives for a
few days.
Three candidates were initiated at the
regular meeting Of Neal Dow lodge, l.
o. q. T., last evening.
When you buy aeeced vest or pants
for 4Sc each at Perry's ON Saturday,
your money Is well invested.
Alr. and Mrs. Henry Petrie arrived in
the city last night from Worcester,
Mass, and will spend the winter there.
The Ladies Of the Maccabees win give
whist party in the X Of c. hall on
Saturday evening, December Z, at s
o'clock.
Former City Engineer Charles r. Allen,
ir.. of Albany. n. ", arrived in this city
this morning for a visit at the home Of
his parents.
Newton Stearns. who has been a guest
at the home Of his daughter, Mrs. y. d.
Ballard. returned 70 his home in Hines
dale, y. H.. to-day.
ri .....4....t:, ...... ~ Al. ~. r.,
land Telephone company, which has been
in this city for the past week, went TO
Burlington yesterday.
The president OF the Baraca class OF
the Congregational Sunday school re-
quests large attendance at the meeting
OF the class tomorrow.
Members of local 4sl, @. & j.. Of A..
please be present at meeting Monday
night. Dec. p, as business OF importance
is to be transacted. Frank Calvin, rec.
sec.
Miss Barbara Clark entertained very
enioyably last evening a party Of her
friends at her home on Spaulding street
win a whist party. After the whist re-
freshments were served.
The government has accepted the prop
osition Of Walker g. Gallison for the
survey of the federal lot at the corner
OF South Main and Prospect streets, and
the work is now under way.
Holiday goods all ready for inspection.
-Four mammoth tables, three mammoth
show eases, already lined with beautiful
Christmas gifts ready for your inspec-
ton. Kenyon & Co.'S bargain store.
The Barre daily times. (Barre, Vt.) 1897-1959, 1907-12-07
TALK OF THE TOWN.

Bruces orchestra Of siA pieccs At Hale's
Pavilion, Monday night. Dancing TO II.
Chlldren's coats. ages from 20 8
years. going At low prices at veale 4
knights.
All Foreign Masons wishing 20 remit
dues can do 50 up 20 Dcccmbor - By
handing same 10 George Troup orr vii.
liam stephen. Per order, George Troup.
The Barre daily times. (Barre, Vt.) 1897-1959, 1907-12-07
CHRISTMAS NOVELTIES.


We have more Of the sensible
kinds than before. such as follows:
Elastic aud Leather Bel,s. Hand
Bags and Travelling Cases. and IN
day OF 50 viii have a line Of the old.
style Boston Bags
We have a Inc Of popular priced
Cut Glass and Tor the children Teddy
Bears, Cas- and Dogs.
There arc several new ideas IN
Ladies Handkerchiefs that arc very
pretty and iuexpensive, Our Hand-
kerchief line Is ths largest in the city.
The Barre daily times. (Barre, Vt.) 1897-1959, 1907-12-07
IOa CHRISTMAS SHOPPING.

We arc ready with the kind Of
goods for fancy work. such as En-
brOidey Silks and Linens. SilkOlines
and Art Silks
Laces Of all kinds Tor linen hand.
kerehiei work. either for corset COW
er. kimonos or waists.
Ribbons priced for Christmas trade
in al eoIos and WIDTHS Good.
heavy AIl-silk Ribbon at same pnes as
the half cotton kind, namely &c. Zoe
and f5c.
The Barre daily times. (Barre, Vt.) 1897-1959, 1907-12-07
A Chance to Save Money on Saturday

ladies' FIeeced Vests and Pants 45c Eac---hen YOU buy
these ar this well invested You make say.
Inc Of lSc on garment
For Saturday and Pants heavily eeced made
sud trimmed the best Of Manner fact h gup, al stores
for 60e each. wv
To reduce stock somewhat and make 6af Christmas Dis
make the price only 45c each saturday e IN Vest, and
Pants = > D. including sizes 7, :,
Here Is chance for you to stock up At expense
The Barre daily times. (Barre, Vt.) 1897-1959, 1907-12-07
a. P ABBOTT & CO. a. P ABBOTT & CO. a. p ABBoTT & CO.
1The Daylight StoreA
ONLY FOURTEEN MORE UAYs TO CHRISTMAS.

What this sensible We know,
had This looking for
merchandise that really holds the lis bua
mall amount Of goods in good quality
The Barre daily times. (Barre, Vt.) 1897-1959, 1907-12-07
A. P. ABBOTT & CO.

Public dance N. W. Of A. ball. Satur.
day. Die. 7. with Gilbertson's orchestra;
dancing from Z fiIl II. Admission, for
gents 5Qv, ladies free.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-09-29

Phool Babylon, don't you see? But
Phil was no phOol when a prairie fire
took to pursuing him and his sweet
heart like an army of villains flaming
from Hades.
Norris duplicates the brave locomo-
tive engineer in the forest fire of his
good play of THE Ninety and Nine"
with the fearless bicycle rider of this
bad one of Under Suspicion" by
blowing illumined streamers of light
cloth up through Sits in the stage
flooring. The illusion is remarkable;
and how is this for art in stage real
ism? In the ensuing scene, when Phil
comes in winner of his desperate race
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-09-29

pectant curiosity as to whom, how and
with what purport Phil Babylon
gwine ter face death"
If Ramsey Morris takes pride in
being a dramatist, he ought to be
ashamed of the puerility of his play
between the prediction of danger and
the coming of 1t true; but he made his
show for people who cheer a hero and
boot a villain as soon as they see the
labels; and what was the use of taking
any bother until the time came to make
their blood tingle? Phil Babylon is
such a childish, witless, addle-brained
hero, that at times 1 vaguely perceived
an allegorical meaning in his name
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-09-29

with a prairie fire, his clothes are
smoking, and a smell of burnt woollen
cloth perVades the theatre. Tim Heane.
who waited a scent OF roasted turkey
to the audience during a Thanksgiving
dinner, ought to beat Morris by haunt
ing the next revival of ''Shores Acres"
and stirring up an odor in its already
realistic baInyard
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-09-29
FOB SALE.

Salt Lake City coupon warrants lin
$500 and 600 denominations, bearing
per cent interest Redeemable in ten
annual payments. A safe, conserva-
tive and paying investment, especially
desirable for small investors.
P. J. MORAN,
Board of Trade Building, City.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-09-29

Try the Vienna Walnut Bread. Fresh
every day. Ask your grocer.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-09-29

Call Bell Exchange 100 to reach state
fair grounds by telephone.