The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1907-12-20
A Passing Glance at 1907.


but still reached high average. What
may be lacking In quantity will be
more than counterbalanced In the high
Drices prevailing Secretary Wilson
estimates the farmers compensation
Tor their year OF labor at $500, 600, 900
abouO, which exceeds the crop value
Of 1906 by nearly SGGO,OOO,OOO The
Expectations Of agricultural products
for the year ere expected TO exceed In
value those Of 1906, possibly showing
an Increase of $1OO,OOO,0OO. In the IN
dustrial world nearly every branch OF
manufacturing finds brisk demand
for the product offered.
Certain crops In certain European
countries have fallen short at the har
vest. Continuous rains lnterfered with
the gathering of the grain crops In
Scotland In Norway unprecedented
rain and cold weather reduced the
yield Of grain, fruits and vegetables
below the average. In Belgium the
potato crop was only fairly fgood, but
better than in 1905. Italy reports all
crops satisfactory, while Portugal la
mcnts the partial destruction OF her
corn crop. The close Of the year finds
the continental countries suffering
from money strlngency and n marked
fcclne I'm manufacturing The money
utp IL IN
causes, among them the drain OF gold
for shipment TO America.
ON the death roll Of 1907 many nota-
BILE names are inscribed, some Of the
worlds workers cut down IN the midst
Of their activities and others who long
since passed the heyday Of life. Among
ing the year were Il. B. Aldrlch, the
poet and story writer; Mary J. Holmes,
Ian Maclarcn (Rev. John Watson),
Julia Magrudcr, David Christie Muir
ray. English playwright and novelist,
lnd Hector Melot, n French writer OF
note.
The ranks Of distinguished veterans
Of the army lost General Il. A. Alger, Il
volunteer leader Of the civil war, and
General q, Il. Wilcox, General +. H.
Rugcr and General NJ. III. Blunt, re-
iircd regulars and distinguished sol
Hers OF the Federal army In the civil
war From public life were taken
General John r.. Morgan and Edmund
ii. Pettus, United States senator's from
Alabama; Il. IL. COnger, who was
United states minister to China during
the Boxer war, and Galusha A. Grow,
former noted congressman ana contcm-
porary OF Lincoln, who was credited
with being the father of the 'home-
stead law" Mrs. William Mckinley
widow of the martyrcd president, and
Elizabeth Cary Agasslz, widow Of the
great naturalist, died during the year
ana also Isabella Beecher Hooker last
Of the children OF the Rev. Lyman
| BeeCher
From the world OF art and science
were removed Richard Mansfield, the
actor; Augustus Saint Gaudens, the
sculptor; Joachim, Hungarian violin
list; David Grieg. Norwegian composer;
Alexander IIcrschel, English astrono-
mer of note, and Maurice Loewy, dl-
rector of the Paris observatory and
called the dean Of astronomers.
The passing of John Alexander
Dowie, the ngcl leader of the Zionists,
was not unexpected. At one time the
lcath of Emperor Francis Joseph of
Austria seemed imminent, but he lived
to take part I'm the celebration Of the
opening Of the siXtlcth year of his
reign on Dec. -. by the death Of
MuzafIar-ed- Din I'm January the throne
of Persia passed to his son, the Crown
| Prince Mira.
The financial furry which HCitatel
Wall street circles In November and
by sympathy spread to other money
centers has been generally ascribcd to
purely local conditions and To an I'M
warranted decline I'm public confidence.
Several large failures occurred during
the year the liabilities reaching an az
gregate OF hundreds of millions of dol
lars. The concerns financially involv-
ed included manufacturers, brokers,
banks and trust companies.
one strong reason for anticipating
an early recovery of confidence Is
! found I'm the general condition OF the
country. Had we been confronted
with the spectacle Of short crops or n
probable decline ON large scale In our
foreign trade it would have been in or