davidaulloa/AmericanStories huggingface dataset:
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-04-07
LESLIE NJ. SHAW
is AN 0PTIn|sT.
Ex-secrctary Argues That Recent
Panic Was Not an Unrnixed
Evil.

NEW YORK, April G.-Leslle NJ. |
Shaw, former Secretary of the Treas
uly, recently spoke at the dinner Of
tile Oswcgo Society, at the Hotel St |
Denis, in this city. His subject was
the recent panic in Wall Street. Mr..
Shaw, who is now president of the
Carnegie Trust Company. was down
t.. the Wall Street district through
out the most violent part OF the stock
slump. He said, among other things:
The recent panic-the first since
! 1901--was not an unmixed evil we
| lave had a little more freight than
the roads could satisfactorily handle;
! q few more orders than the factories
1 could fill a little more labor than
| laborers; q little more commerce than
] money, and this has continued until
I everybody has become somewhat in
| dependent. and living expenses have
| advanced n little too high. Living
| expenses arc never cheap, except in
periods of industrial stagnation, These
is reasonable limit. however, to all
good things, and that limit has been
a little more than reached. A slight
crrtailment everywhere will do us
good.
f Our, only danger is from unwar-
rnnted alarm. We have been running
at hrenlSnccl pace until everybody
is well-nigh out of breath If we
could now slackcn and nobody lie
down in tho road, 1t would be well
With us.
There is q great difference between
q panic and commercial and Industrial
stugnation. It is an error to speak
Of the panic Of 1893 to 1897. The
panic was in 1898. The contlagration
which followed the panic was Of long
duration, while commerce meantime
sat on the sidewalk and the fire de-
lartment disbandcd. That experience
is not now to be repeated. Conditions
arc entirely different Every dollar OF
, our currency is now admittedly wortl!
25.S grains Of gold and passes every
I, whore unchallcnged.
"Rcvolutionury financial Legislation
. is. advocated by no one, and reaction.
: AIRY revenue reform Is not threat enetl
: Our prosperity Is anchored on n sure1
y foundation tianr stock market quota
i tons, our prosperity rests in on
faith, ard our faith rests in the prom
- isn of God. that while the earth re
n mnineth, scedtimc and harvest an,
Geld and heat, aud summer and win
ter, and day and night. shall no
cease. We are Approaching seedtime
Let the crop be pvt in in great hope.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-04-07

I d lfy . = b Z " t# /. Il.
$4,000; average, $4,000.
One frame church, tax value, $500;
average, $500.
Totals, one hundred and thirty build
3ngs; value, Sl25,4 G5; average, S96b.1l.
Addition to frame buildings:
Eight dwellings, s2,15o.
Addition to brick buildings:
Three dwellings, $1,000; one hospital,
$4,000.
Totals, twelve buildings; value s1l,-
900.
Value in unfinished condition as Of
February 1. 1907:
rcn frame dwellings, $3.50; one
3 brick dwelling, $500.
Totals. S5,G2O.
Total building operation in annexed
territory, s147,i35.
REHABILITATION.
Buildings erected in old Richmond,
a4G: tax value, sl.1G22S6.
Additions and improvements in old
I Iichmond:
Ninety-nin buildings, tax value
372,32o.
In unfinished condition January 31st:
Sxty-two buildings, value $251,ol5.
Partially finished February ], 1906
since added to-:
Ten buildings added value, s27,74o.
Total addition to taxable values IL
DID Richmond IN the year, SA'elH,3ol.
Completed buildings in annexed ter
ritory, $50; tax value, Si25,i69.
Additions:
Twenty three buildings, tax value
gs21,s2o.
Total addition to tag values in an
nexed territory, s14T,4%5.
Grand total added to assemble
values of Greater Richmond by build
ing operations in one year $loGo,7aG
The market value Of the propert'
enumerated M the> above tables is
The commissioners books fnrthe
show that the transactions in rea
estate in Richmond during 100
amounted to s6,OoO,0oo, The purchas
price for the property bought and sol
IS 1884 per cent. in excess Of th
values assessed for taxation,
Thus it may be seen that while pee
pie will kick about having to pa
heavy taxes the people OF Rchmon
arc much more lightly assessed tina
those Of many other cities. Taxes !
this city are comparatively light.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-04-07
'Yours faithfully.
"JOHN w. GAINES" y
Gaines-Y erkes Bill.

There has Just been sVed for free
distribution, Senate document No. 3I2.
Fifty-ninth Congress, second session.
q print Of theghearings before the SEM
ate Finance Committee on the Gaines-.
Yerkes bIll;; Tho hearing, began Jans
last. Tho report contains 169 pages
of SURPRISING interest to tobacco grow
ers, and the trade generally. It con-
tains the various arguments Of Repre-
sentatives Gaines, Stanley and Trim
BILE. and Mcssrs. E. G. Ewing, G. III.
and ]. b. Fort, John Lnndstreet, John
3. Allen and others with letters from
=; M. Flack. Of Hopkinsville; H. NJ
Clark, of Clarksville, Tenn, to Mr..
Gaines, and his explanations of tho
law and of the pending bill as We'll
as his appeal to the tobacco people OF
Tennessee and Kentucky to aid him
in getting up. evidence in the courts
against the Tobacco Trust.
It will be recalled that Mr.. Gaines in
May, 1904, appealed to Attorney Gen-
the trust, and filed with him valua-
bic evidence, since used by the De-
.partment Of Justice, showing unlawful
practices.
The Attorney-Ge replied by In
wiling Mr.. Gaines and others to file
proof, which he would pass on.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-04-07

~ d Fl (. & s 5l.- 3 i y
by it, Whether they will It or noD
can buy aild sell the farmers lenf,
but they can only sell. without pay
ing this tax, to Other denlers.. inanl,- 2
facturers and exporters, who. as
stated, are practically dominated by
the tobacco trust. Repeal this tax
and the retail dealer will go into
business again. The retail dealers
will bid amongst themselves, and
with other dealers and manufacture
ers and exporters. for the farmers
Leaf, and thus increase the. chances
of the tobacco grower to mako a liv.
ing In his business for himself and
his family. and lay up some money
for u rainy day.
II wish you would get n copy of
your letter addressed to me. calling
for an explanation OF tho law and
publish the same. 1t was splendid
production. 1t struck at the evil Of
this tax and laid a heavy hand on
these oppressive rules. What the.
farmers need Is a plain statement of
the effect Of this tax and these rules,
and / feel satisfied relief will como
sooner or later.
Yours faithfully.
.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-04-07
VA MINERAL OUT
Put $4,000, 900 J
Representative Gaines Writes
Interesting Letter to Senator
Daniel on Tobacco Tax.

WASHINGTON, ID. c., April ct Is
estimated that tile total value of the
mineral output of Virginia this year
will reach s3O,OOO.OGO. This estimate
is based on the figures for 1905, which
have Just been compiled by the geo.
logical survey, and which show that
the value Of all minerals brought to
the top Of the ground in Virginia in
that year was $2L751, 9SG.
The following table gives tho value
OF each Oft the kinds OF minerals pro-
duced in Virginia in the year 1905:
Barytes, S27,S37S; clay products, SIS
994,57S; coal, s3,777,325; coke $780,
452; coal tar, ss21,l52; gas, illumina-
ting, s4S5,3GS; gas coke, S11G,s79; gold
lmines report), s4,9s2; iron, pig, ST.
ores, s35,2 200; millstones sS,1s6; mineral
and gravel, Sl54,5SO; silver (mines re-
port) S107; slate. $146.7S6; stone, S667,-
U60.
Asbestos, cement, gypsum, iron ores
metallic paint, ochre, pottery, salt
$4,000.
The Virginia production OF asbestos
past twelve months, but the increase
is not shown by the figures presented.
The figures for the production Of min
| erals in the State during 1906 Will not
| 1,t nj a 4. sxyn 1 -
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-04-07
Gaines's Letter to Daniel.

Representative John Wesley Gaines. Of
Tennessee, who has taken such a deep
and abiding Interest IN the bill TO repeal
tho tax Of six cents on the sale OF leaf
tobacco, which has passed the House Of
Representatives twice. but which Senator
Aldrlch has always killed In the Senate,
has written the following letter to Sem
ntor Daniel. Senator Daniel who is
the Democrat on the Finance Committee
Of the Senate, who has taken an active
part in pressing the bill, has won the
admiration OF the tobacco people be-
cause Of his efforts In their behalf Mr..
Gaines writes Senator Daniel as follows:
My Dear senator,-The Senate
hearings on the bill toSrepenl the six
cent tax on leaf tobacco, when sold
by purchasers to consumers or for
ed BY Senator Aldrich. and
| wisl, to get somo copies. and trust
! that you will direct the clerk of the
J committee to furnish me with ns
| very valuable. You took such a faith
full ana patriotic interest in these
hearings. always present and alert
| the situation, under tho most adj
verse circumstances. that feel Ike
/ should be remiss If did not thank
you for the tobaccor growers OF Ken
lucky and Tennessee. and for myself
ut was a great outrage, that
that Senator Aldrlch should have al
most with brutal force. smothered the
two bills which had unanimously
passed the House repeating this tax.
II But for him and the tobacco trust,
to which he seems to be so welded,
am satisfied this bill would have
bccom, q law In the lNifty-eightl
or Fitty-ninih Congress.
1T would give great relief to tie
tobacco growers; It would repeal the
obnoxious rules, some OF which Cont
missioner Yerias says arc unrcnson-
able and oppressive which tie the
!, farmer hand and foot, and put him at
| at the cruel mercy Of the tobacco
| trust and it's forcgn allies. II would
| restore to commercial life the retail
| dealers In leaf tobacco, who arc now
| c&terlninnted BY this oppressive tax
| The proposed Law allows the farmer
| to sell 10 anybody In any amount
| but the abpnnnablo rules savage In
| conception and brutal IN effect, de-
| nr!pe him of this right. which at
| first seems broad but which Is min
| imiZed into nothing by the rules.
/ 1.-THE retail dealers existed IN large
| numbers under the law existing pre-
/ Mous 70 the act of S9t imposing
l this tax. They came In great num-
hers to the harms and fields and
bought the farmers product and sold
! 1t to whom they pleased. 4 Now they
i can't do that. Only dealers IN leaf.
III manufacturers and exporters lwho
~ are llle tobucco trust, or dominated
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-04-07
Every One Was Satisfied.

At an italian railway station the other
day one passenger committed n furious
assault on another, Who with the assist.
nnce Of the porters and y solitary police
man had his assailant brought before the
commissary. Here the delinquent offered
q hundred francs 10 hush UP the affair.
ITO whom do you offer the money!
said the commlssnry with an mir of dig
nifty.
10 YOU. sir"
Very good; case dismissed" -Tatler,
The news-democrat. (Providence, R.I.) 1906-1909, 1907-11-20
TRANSPORTATION
FACILITIES ARE
INADEQUATE

Kansas City, Nov. 29.--"The transporta-
ton facilities OF the whole country are.
and have been, unequalled to its present
means. They must be made equal to the
burdens they bear or the country cannot
prosper"
James J. Hill. executive head of of the
Great Northern railway. spoke these
words I'm an address at the annual BAN
quet OF the Commercial club OF this city
last night.
There Is no subject, no right to be as
serted or wrong to be rectified, real or
alleged. that can take precedence of an
issue so vital concerning the happiness
and prosperity OF every one OF our &c.
100000 people" he declared.
Mr.. Hill discussed the Commercial De-
velopment OF the Mississippi Valley" and
gave comprehensive history and review
OF industrial conditions as they exist to-
day.
.'only by improved methods of opera
ton has the country been saved from a
blockade OF traffic as would have de-
stroyed businesses activity or turned II into
a game OF confusion and chance. The
railroad men of this country have right
TO be proud OF their record.
Before we again realize a favoring
disposition TO invest there must be a
different temper n larger view OF justice,
a better appreciation OF what the rail-
roads OF the United States have done
and are doing as compared with those
OF the rest OF the world, and settled
policy of fair and reasonable liberal
treatment and protection for the future.
The duty Of the state toward railroad
property, which should have the rights
common to other property. must be con-
sidered as we'll as the duty. of the rail-
road to the public.
1--WE have read OF a conflict between
Righteousness and business There can
be no such conflict, unless there is fraud
at the business end of hypocrisy and
cant at the righteousness end
The news-democrat. (Providence, R.I.) 1906-1909, 1907-11-20
BIG DEMAND
FOR TICKETS

New York, Nov. 20-It does not matter
In the least whether a Harvard Yale
game is expected to be one-sided. close
or what, 1t is sufficient unto itself and
would draw just as big crowd were
each team to have lost every game it had
played up to that time. The demand for
seats for next Saturdays strife in the
Stadium is the biggest ever. Many Har-
ward graduates have been unable TO get
seats although spectators have been
settng In their fine work. The specula-
tor Is a resourceful person and hard TO
elrcumvent In New Haven his trade is
forbidden by the law and his usefulness
is reduced TO a minimum for games play
ed at Yale field. but In Boston he Is not
so easily handled and spectators are
selling tickets on the Boston streets for
Saturdays game. Two tickets opposite
the lo-yard line on the Harvard side of
the field were sold for $40 each. and in
hotel a man who paid $l5 each for two
seats was told he could get more for the
same price when they came i'm
Deep down In their hearts a good many
people are going to the game feeling that
Harvard VIII make vastly better show
ing than the seasons form indicates.
Harvard has made Unexpectedly strong
stands against Yale before when the OUT
look seemed hopeless-not quite as blue
as this year. but mighty slim. The Har-
ward material this fall Is better than the
Harvard season indicates. 1t is material
that ought to be good for at least one
good game, Notwithstanding the poor SUD
cess that has attended its development.
material that is capable of playing a
better game than 1t has yet played.
Whatever the result against Yale Is. it
is quite likely that Harvard will play its
best game of the season against the Blue.
Yale teams have come to expect this, and
the present Yale squad is not going into
the game on Saturday expecting anything
in the nature of cakewalk.
Having all to gain and nothing to lose,
the Harvard players will go on the field
determined to do better than they know.
and this feeling in a measure will Offset
the weakness due to lack of fundamen-
tai proficiency in the game.
II appears that Crane head coach, and
Dave Campbell are doing all OF the ac-
tual coaching this week. If II is up to one
man to run things, no better one could be
found than Campbell. Cults, DAILY and
Leary, who have been active coaches all
season. are this week on the field as
consulting critics" Harvard men were
on Yale field last Saturday to see Yale
and they saw pretty near the best Yale
had, or has. Yale men also have been
watching Harvard. They have not seen
the best Harvard has--there has not been
any Harvard best so far. However, Har-
ward is making a cheerful and valiant ef-
fort to redeem herself.
The news-democrat. (Providence, R.I.) 1906-1909, 1907-11-20

or the large posts which support the
wire fence running along the embank-
ment on the west side OF Roger Will
uams avenue. The posts snapped short
on, allowing the forward end OF the car
10 pitch down the bank The motors
sunk into the soft earth and quickly
brought the car 10 stop.
The car, thus standing somewhat on
end, threw the passengers 10 the lower
most end of the car I'm a heap. and the
motorman and conductor went at once TO
their aid.
Mrs. Charles III. Carpenter was the first
one out. She suffered no injury, appar-
entity, and left the scene at once. The
other six persons on the car, however,
were not SO fortunate. and the two
women were in a hysterical condition.
Patrolman Benjamin Burgess went to
Bourne avenue. about an eighth of a mile
south OF the scene OF the accident, and
got one OF the extra cars which was walt
ing for the employees OF the American
Electrical works. In this car the injured
were all taken 10 the square at Phillips
dale, where they could be conveyed to the
office OF DR.. William III. T. Hamill. DIR.
George r. Allison OF East Providence was
summoned and the two physicians render
ed all the aid possible
About an hour after the accident In
spector Burgess of the Rhode Island COM
pany telephoned for carriages and the In
jured were all taken TO their homes.
The wrecking car from Travers street
barn, In charge OF Charles Hall, was sent
out, and after about 30 minutes. with the
aid OF another car the derailed car was
pulled back on the tracks and proceeded
under its own power.
The news-democrat. (Providence, R.I.) 1906-1909, 1907-11-20
STEVENS BALLOON
MADE GOOD SPEED

New Haven, Conn, Nov. 20.-The Ste
vens balloon. No. q, which ascended at
Pittsfield, Mass, yesterday with Leo Ste
vens as pilot and A. Holland Forbes of
New York as a passenger made safe
landing at AIS O'Clock on the farm of
Henry Clark in Orange.
The anchor caught in a barbed wire
fence, and the transfer to earth was
without difficulty.
Mr.. Stevens said that, after rising at
Pittsfeld. they clrcled for some time,
struck a current which bore them in an
easterly direction, and later entered the
southerly current, which carried them
down toward the coast. The big balloon
went along at a height of two miles, the
aeronauts finding the temperature at that
altitude quite warm.
The greatest speed attained was 10
miles an hour. When the balloonist saw
that they were close to Long Island
sound, I'm view of the direction of the
wind. IL was thought best to make a
landing rather than attempt 20 COM
plete the Journey TO New York, which had
been originally planned.
The news-democrat. (Providence, R.I.) 1906-1909, 1907-11-20
MISS sHONTs
Is To MARRY
FRENCH DUKE

New York, Nov. 20.--Formal announce
ment was made last night, through the
secretary of Mrs. Theodore T. Shonts.
of the engagement OF her daughter, Theo-
dora, and the Due de Chaulnes. The an
nouncement follows one OF the most ro-
mantle OF courtships. i'm which both
Europe and America have been Interested
There has also been In the courtship an
apparent difference OF opinion between the
parents OF the young woman in regard TO
international marriages. Theodore Il.
Shonts. who retired from the Panama
Canal commission TO take charge OF the
Interborough road. according to report
has not looked with any too much favor
upon the suit OF the French nobleman.
On the other hand, Mrs. Shonts has
come out strongly in defence OF interna-
tional marriages. This, too, after Mr..
Shonts had declared his daughter was an
American girl with good common sense.
and there need be no alarm
IL was while the Shonts family was
abroad that the report was cabled to
America, more that year ago, OF the en-
gagement OF the Due and Miss Shonts.
She was not then eighteen years old. She
had been educated abroad, and her family
had been entertained by the Duchesse
Dues. the Dues sister, both In Paris and
at the Dues estate In the country.
The news-democrat. (Providence, R.I.) 1906-1909, 1907-11-20
SMOKY CITY GETS
FREE FOOTBALL

Pittsburg Nov 20.--Andrew Carnegie
has started out to eliminate the CONNER
cial spirit from the game of college foot
ball and as the first move will bring the
Iehigh University team to Pittsburg to
play the CArnegie Technical school team
on Thanksgiving day and will offer this
attraction to the people OF Pittsburg abb
solutely free. 1t is expected that the Car
negie plan will cut deep into the receipts
of the w. ". Pennsylvania State col
lege game booked for Pittsburg that day,
but the Carnegie school interests here do
not seem TO care for that, but are adver-
tising the game the same as IL big money
were to be made out OF II.
The game Is to be played on Schenley
park oval and arrangements are being
made to have all college games partici-
pated in by the Carnegie Technical school
played I'm the open, where not a cent can
be charged for admission. The movement
worries other teams which have been
making big money out OF football.
Director Hamerschlag, who is accepted
here yas the representative OF Mr.. Carne-
gle on matters pertaining to the technical
schools, said last evening: "It is the In
tention OF the Carnegie schools to cult-
vate a real spirit OF sport II possible and
to eliminate the gate receipt idea as far
as possible. With less gate receipts
there would be better football and better
college sports of all kinds. also less In
Jury to players. for the gate receipts
make IL possible for colleges to practical
ly hire players To make their team bet
ter than some other one. In taking this
stand against admission to games I am
not taking n stand against football. for
like and think IL Is really the leading
American game"
The news-democrat. (Providence, R.I.) 1906-1909, 1907-11-20
EX-GOV. GARv|I
LEADS SINGLE
TAX MOVEMENT

New York, Nov. 20.-Former Gov. l.. +.
C. Garvin of Rhode Island obtained the
adoption OF two resolutions by the Single
Tax League conference here yesterday.
The first proposed an amendment to the
constitution providing that 100000 elect
ors may petition the attorney general not
less than six months before a national
election to submit any amendment TO the
constitution which shall become a part
of the constitution IL approved by the
majority of voters at the succeeding elec-
ton.
The other was:
''We declare that all values created by
the community go TO increase the rent
Of land and that the people are entitled
TO that rent because all have an equal
right to the land, for the earth is for
all"
The conference adopted the following
declaration relative to President Roose-
velts attitude on the trusts
Resolved, That the plan formulated by
President Roosevelt, from necessity IL
may be rather than choice. Will never
curb the trusts nor prevent them from
debating the prices OF what they buy or
OF what they sell.
"In order that the trusts may cease to
oppress the people, it is necessary that
all legislation granting special privileges
should be superseded by laws which will
do justice to all. and we believe that reg
ulation or restriction of monopoly is en-
tirely ineffective and that what is needed
is the abolition of monopoly"
1t was voted to establish permanent
headquarters of the league in New York
city
The governing body of the national or
ganization, which will have direct charge
OF the spread OF the single tax propagan-
da, was selected as follows: President,
Bolton Hall, New York: firse vice presi-
dent, James w. Bucklin, Colorado: Sec
ond vice president, Warren Worth BAl-
ley. Pennsylvania third vice president.
William a. Douglas. Ontario, Canada;
fourth vice president John A. Crosby.
New York; fifth vice president. Jackson
Ralston: treasurer Charles n. Ingersoll.
New Jersey; secretary. John j. Murphy,
New York.
An executive committee OF FIVE mem
bers from each state will be chosen later.