davidaulloa/AmericanStories huggingface dataset:
The daily morning journal and courier., 1907-05-31

take We would be the first to oppose any unreasonable restrictions being placed upon the issuance of stocks and bonds, for such would simply hamper the growth of the United States; for a Irailroad must ultimately stand on its lcredit. But this does not prevent our Idemanding that there be lodged in the government power to exercise a jeal- ous care against the imitation of se- curities, and all the evils that come in it's train, The man who builds q great railway and those who invest in lit render a great public service; for adequate transportation facilities are d vital necessity to the country. We favor full and ample return to such men; but We do not favor a policy of exploiting the man for the benefit of the few. We favor the railway man who operates his railway upon a strai ightforward and open business basis, from the standpoint of perman- ent investment, and who has an inter est, in its future; We are against only the man who cares nothing for the property after his speculative deal in | its securities has been closed. We | favor the railway manager who keeps in close touch with the people along his line rather than in close touch with the speculative market; who operates his line with q view to the advantage he can legitimately get out 1 of his railway as a permanent in vestment by giving a fair return to
 the stockholders and to the public good | service with reasonable rates; who does not operate his road with a view to the | temporary speculative advantage which will follow capltalizing an uncertain future and unloading the securities on l the public. We wish to make it to
 the interest of the investor to put his money into the honest development of | the railroads, and therefore we wish to
 discriminate against the man who,
 while enrichtng himself, lays upon the | future owners and patrons of the road and above all upon the honest men
 whose duty it may become to operate
 the road, a burden of additional debt
 without adding correspondingly to it's
 actual worth.
 speaking of the proposed valuation or
 railroad properties, President Roosevelt
 said: At the outset let 1t be under
 stood that physical valuation is no
 panacea; it is no sufficient measure
 ment of rate: but 1t will ultimately
 needed as an essential instrument in
 administrative supervision. It will be
 of use to the commission in connec- i ton with the duty of determining the
 reasonableness of future capitalization
 both as one element to enable such a
 body to come to a right conclusion in
 the matter, and also as an element tc
 be placed before the investing public
 to enable this public in it's turn tc
 reach a conclusion; though of course
 capitalization must be determined ir
 large measure by future need rather
 than past investment"
The daily morning journal and courier., 1907-05-31

District of New Haven. ss Probate
 Court, May 29. 19l7. ESTATE OF LuCRETIA s. DE FOR
 EST, late of New Haven. in said Dis
 trict, deceased
 An instrument in writing, purport- ing to be the last will and testament of said deceased, having been present. ed in Court and Charles S DeForest and Eugene De Forest both of New Haven, having made written applica- ton praying that the same may be pro bated. and that letters testamentary may be granted. as by said application on file in this Court more fully ap- pears. 1t is ORDERED, That said application be heard and determined at a Court of Probate to be held at New Haven, in said District, on the Eth day of June, 1907, at ten. o'clock in the forenoon, and that public notice of the pendency of said application. and of the time and place of the hearing thereon, be given to all parties interested in said estate by publishing this order three times in newspaper having circulation in said District.
 By the Court.
 JOHN L. GIBSON. mao St Clerk
The daily morning journal and courier., 1907-05-31
Federal Control.

The President again emphasized his view of federal control. He said em- phatically: "There must be vested in the federal government full power of supervision and control over the railways doing interstate businessj a power in any respects analogous to and as complete as that the govern ment exercises over the national banks. It must possess the power to exercise supervision over the future issuance of stocks and bonds, either through national incorporation (which I should prefer) or in some similar fashion, such supervision to include the frank publicity of every thing which would-be investors and the public at large have a right to know. The federal government will thus be able to prevent all overcapi- talization in the future; to prevent any man hereafter from plundering others by loading railway properties with obligations and pocketing the money instead of spending it in i'm provements and in legitimate corpor- ate purposes; and any man acting in such fashion should be held to a criminal accountability. It should be declared contrary to public policy
 henceforth to allow railroads to de- vote their capital to anything but the transportation business, certainly not to the hazards of speculation"
The daily morning journal and courier., 1907-05-31
Roosevcltinn Ideas.

The following extracts give a further clue to the Presidents familiar philoso phy; No state, of course, can do for thearailways what the national govern ment has already done for the banks, and that government should do some thing analogous for the railways. Ma tlonal bank stocks are bought and sold largely on the certificate of character which the government, as result of its examinations and supervision, gives to them. The railways have not been given this certificate of character lin- der the seal of the national government and therefore many, people who invest freely in the shares of banks are re- luctant to buy railroad securities. Give them the same guaranties as to rail- road securities which we now give them as to national bank shares, and we would presently see these people investing in railroads.
 "The admipistration is responsible for turning on the light, but it is not re- sponsible for what the light showed. ask for full power to be given the fed eral government, because no single state can by legislation effectually cope with these powerful corporations engaged in interstate commerce, and, while doing them full justice, exact from them in return full justice to others The conditions of railroad ac- tivity, the conditions of our immense interestate commerce, are such as to make the central government alone competent to exercise full supervision and control
 Tt is urgently necessary at the pres ent time, in order to relieve the exist ing congestion of business and to do away with the paralysis which threat ems our expanding industries, because of limited and inefficient means of dis tribution, that our railway facilities should be so increased as to meet the imperative demands of our internal | commerce.. The want can be met only | by private capital and the vast expen- allure necessary for such purpose will | not be incurred unless private capital is afforded reasonable incentive and protection. It is therefore a prime necessity to allow investments in rail- way properties to earn liberal return, return sufficiently liberal to cover all risks. We can not get an improved
The daily morning journal and courier., 1907-05-31
geaa1 antttes.

District of New Haven, ss. Probate
 Court, May 2S, 1907. ESTATE OF FREDERICK s. PORTER, late of New Haven, in said District, deceased.
 The Court of Probate for the District of New Haven hath limited and ap- pointed six months from the date here of for the creditors of said deceased to bring in their claims against said es- tate. Those who neglect to exhibit their claims within said time will be debarred.
 All persons indebted to said estate are requested to make immediate pay ment to
 CAROLINE F. PORTER,
 WILLIAM F. PORTER,
 m9O St Executors
The daily morning journal and courier., 1907-05-31
ANNUAL MEETING OF
 \. H ORPHAN ASYLUM In Election of Ofirers the Presidency is Left
 Vacant. REPORT OF TREASURER Glowing Tribute to Late Mrs. Curtis in Mana
 gers Statement.
REPORT OF TREASURER

The annual meeting of the board of managers of the New Haven Orphan Asylum was held yesterday afternoon in United church chapel. There was a good attendance and renewed interest in the work of the institution. Mrs. N. D. sperry, presided.
 In the election of officers the office of president was left open and the vacancy caused by the much lamented death of Mrs. George W. Curtis will not be filled until fall. In the Interim the vice-president will perform the du- ties of the office. A full list of the other officers follows:
The daily morning journal and courier., 1907-05-31

 of president was left open and the vacancy caused by the much lamented death of Mrs. George W. Curtis will not be filled until fall. In the Interim the yice-president will perform the du- ties of the office, A full list of the other officers follows:
 Executive Committee.
 Vice presidents-Miss Ella B. Gilbert. Miss Lima M. Phipps, Mrs N. D. Sperry. Treasurer-Miss Josephine s, Newton. Assistant treasurer-Miss Ella B. Gill bert
 Secretary-Mrs. Henry Champion. Corresponding secretary Mrs. Franklin S Bradley.
 Recording secretary--Miss Eliza K. Proyiders-Mrs. N D. sperry, Mrs. Jo- Jeph H. Townsend.
 Visitor-Mrs. Charles T. Candee. Additional Members of the Executive
 Committee.
 Mrs. Frank w. Benedict, Mrs Frank L. Bigelow Mrs. Thomas A. Bostwick, Miss Anna F. Bradley, Mrs. John P. c. Foster, Mrs, George H. Futile.
 Honorary Managers.
 Mfs. Henry Q. HotchKiss, Mrs. Fred eric Ives.
 Mrs. Henry Baldwin, Mrs Edward l. Barrett, Mrs. Mary l.. Booth, Miss Mary B. Bristol, Mrs, John P. Gushing, Mrs Alfred Daggett Mrs. George M Pun beth c. Hall Mrs. John M. Hall, Mrs. George A. Harmount Mrs. Albert g. Holt, Miss Frances s. Ives, Mrs Freder- ic l.. Leighton Mrs Harry K. Lines, Mansfield, Mrs. John " Mansfield, Mrs. Edwin H. McHenry, Mrs. Edward G. Willis E, Miller, Mrs. Curtis J. Mon Thomas B, Osborne, Mrs. 2. B. Peets, Mrs. William F. Phelps, Mrs. Talcott H, B%sSid % B. S Thompson, Ha T MSS pstMSk, Mary Nis E Townsend, Mrs. Robert veitch, Mrs. H5Hsnry 5Ha 4, VIZ 3er Miss Elorence oTes M M James E, Wheeler, Mrs William D. Whitney.
 Georges fersH H Fora duFfa9 Henry \ " Fspeam FsPerry Henry c. White Oliver s. White, Albert s Holt, Burton Mansfield George H. Futile. The treasurer's report for the year ending May l5, 1905, was read as fol- lows
 RECEIPTS.
 Cash on hand May 15, 1906. ..S 1,064.8l Donation day receipts .. 1,329.63 Other donations ............. 14.50 tis, trustee .......1..,....... 100000 Board of children at asylum. 2,2f6.71 Interest through board of
 trustees of permanent fund. 1,694.78 Balance of legacy, Mrs Anna Sale of industrial work and
 sundries ...,.. ........, 46.3t City appropriation ........... 2500.00
 $19,S69.s4 Family expenses ............ s14,Sg0. .27 Visiting children ........... 1624S Repairs ,.... .............. 64797 etc, ..... ..,............. 3556 Incidental, expenses .......... $50. .02 Insurance .,,.., ...,..t.....,. 720j salary of matron ,,......,,. 6000O Salary of first assistant ma- tron .:..,.,;,. ..,......,. 85O.OO tron .:.;.. ...,,..,....... SOO.OO Salary of house nursery ma
 tron ;,...;....:. .,,;...,... S25.OO Salary the Nina-Lynette nurs-
 cry matron ........ 32500 Salary steward ......... 5O10O Balance cash on hand. ...,.., 1,311.04
 $19,S69. S4 Received and placed in the hands of George ". Curtis, financial agent:- Legacy John Bradley $4S5g. 31 Legacy Mrs. Anna M Evans. /. 4S5 O0 Legacy Isaac Newman. ....... 2500O ro I n l,
The daily morning journal and courier., 1907-05-31
Trustees.

{ George w. Curtis, N. D. sperry, George H; Ford, Henry ", Farnam, g. Holt, Burton Mansfield, George IT. Futile
 The treasurer's report for the year ending May l5, 1905, was read as fol- lowe.
The daily morning journal and courier., 1907-05-31
Executive Committee.
Managers.

Mrs. Henry Q. Hotchkiss, Mrs. Fred. eric Ives
The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1907-02-15
TRUE COURAGE.

From FL Pas News
A criticism that is deserved is
both legitimate and necessary-legi-
cry person to call attention to eth
err inexcusable mistakes or wanton
recklessness; and necessary. because
it is the duty of each one who would
be true to himself and to others to
condemn hat which is wrong as a
moral principle or as a matter of
public policy involving the welfare
of society or the common good of
the town, the state or the country.
But there is a vast difference be-
tween a criticism and a knock.
DON'T be a knocker. If you can't
say something good for the interests
with which you are connected, don't
say anything. If you don't like the
own in which you live, don't knock
it-move out. The town existed be-
probably manage to worry along after
you leave it,
But candor is also a virture.
If you know there is a m~ismanage-
ment of public affairs. don't be
afraid to say SO.
If immoral conditions have been
permitted to grow up in such a way
as to threaten the public good, don't
hesitate to speak about them
Physical cowardice is d~eplorable
enough but moral c~owardice is actual
ly reprehensible. and while business
cowardice is so prevalent that ii can
not BIZ discovered without ~treading
on a great many toes, it is more the
less i~aexcusable.
Tell the truth, though the heavens
fall.
When there is a good administration
say so. Goo officials need encourage
ment. and it is due them that they
should receive it. If there is a good
institution of any kind in your town
speak of it. 1t will help the good in
stitution; it will help the town, and
it will help you. If you know a good
man, tell your acquaintances of him
he merits your good words.
But don't hesitate to criticise bad
administrations, bad policies or bad
men-they deserve it.
Be independent, and have the cour-
age to do right.
The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1907-02-15
UNIQUE TO SAY THE LEAST.

Perhaps congress may have occa-
sion to pass on several of h laws
now pending in the New Mexico legis-
lature. In view of this act the Wash
ington view of our railroad damage,
or anti-damage, law is interesting.
The report of the committee to
which the matter was referred says:
This legislation of New Mexico, to
say the least. is unique, and demon
strates the wisdom of the law giving
congress absolute control Over the
legislation of the territories.
1T is entitled An Act establishing
the law and procedure in certain
cases. In the judgment of the com
mittee, the title should be An Act to
prevent persons receiving injuries
through the carelessness of railroads
and other corporations in the Terri
tory of New Mexico from recovering
any damages therefor"
There still may be some hope for
the people il the fact hat congress
has absolute control of legislation in
the Territory.
The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1907-02-15
ADVERTISING SENTIMENT.

The masses believe in advertising.
They who only read advertising ex-
pect to profit by it. AS a rule no one
expects large advantage to come to
him from reading advertisements, but
he has the satisfaction of feeling that
he has not been limited to a single
market. The average people LAY
higher respect for one who advertises
.persistently n modestly than for
one who does not advertise at all.
The one commands their attention
and respect by the fact that he is
before them and makes them familiar
with them in an agreeable way; the
other may be just as good a man but
the people are not so well acquainted
with him. Hence he is in the shade
as far as public interest goes.
The one who seeks public attention
and confidence and is lacking in sin
cerity usually arrives at a point where
the Intelligent people put him down
as unworthy of their attention. For
such a one publicity is expensive
from the fact that he must continu-
ally e for strangers and people of
minor intelligence. Character in ad-
vertising is more important than any
thing else.-Adv. Aid.
The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1907-02-15
Writing an Ad.

One should imagine that a custo-
mer interested in a purchase is be
fore him when he is writing an adver-
tisement. He should write just what
he would say to such a customer and
afterwards revise and omit unneces-
sary words and phrases. When he
has: written the few strong points
which recommend an article or a pro-
position the body of the subject mat
ter should be arranged giving the We
ry strongest points of advantage from
the start as a rule. If it is possible
the caption line should contain a state
ment giving the strongest point of
merit. This cannot always be done.
however, and where one has liberal
space a strong caption to attract at
tention may be followed by a sub-cap-
ton in small, bold, black type, giving
the important feature of the subject.
1t is to be remembered that attention
is the first requisite. Language which
will convince the reader of the sin
cerity and honesty of purpose of the
advertiser is next important. AS a
rule it is best to limit the announce
ment to one subject but if a kindred
subject should be included it should
only be as an Incidental suggestion
Advertisers Aid.
The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1907-02-15
THERE ARE TWO SIDES.

There is a lesson for every mer-
chant in the experience told by a rep
resentative of a Chicago mail order
house to the gathering of newspaper
men up in Iowa. He said hat the
mail order business depended largely
upon advertising. He made one re-
mark that merchants should heed.
He says they take the local papers
and directed their efforts to commun-
tiles where the merchants were not
up-to-date advertisers, If the mail
order man finds that any line of bus
mess in any town or city is not well
advertised, as for instance, furniture,
he says that they flood nat terri
tory with their literature and always
with satisfactory results. He believ-
ed it is true, he said, that country
merchants could greatly cripple the
mail order houses If they would ad-
vertise freely and in the right manner
said that every advertisement
should describe infinitely the article
to be sold and quote the price. Here
is food for thought by merchants who
fear the effect Of the mail order hous-
es.-Exchange.
The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1907-02-15

men shall not frequent saloon or ev-
ed saloon licenses to a point that cuts
out the road house and the low grog-
gerry. Even prize fights are prohib-
tied. Train robbery is a capital fell
ony. And the legislature has decreed
that gamblers must stop on the last
day of the coming month. Thus is
shown the fallacy of mortal judgment.
Most ok think of Arizona as a
land of bowie knives and lynch laws,
where the elite of the population gains
daily bread and headlight diamonds
by def dallialce with the paste
boards in a faro box. Judging from
chapters in Senator Beverages justly
celebrated book on southwestern
travel, but the rattle of the marble at
the roulette games struck the predomi
The very word Arizona conjures up
the picture of a type of uncouth Am
ericanism, lop-sided from the carrying
of an enormous revolver-an indivi-
1ual whose days are assumed to be
spent in shooting up the town." in
the way of blithesome sport, and
whose nights are spent in a more SER
ious occupation of betting on the high
card.
But there must be something wrong
with his estimate. Late history does
not support it. The best testimony
shows That the people of Arizona are
digging their mines, they are working
on their fertile farms and on their
great canal systems, they are rear
ing their cattle and their sheep in
peace; they are cutting their forests,
they are schooling their children
and are sustaining their churches and
charities; they are maintaining the
purity of their elections, economizing
in public affairs, paying their public
credit and hunting down the great tax
dodgers. In short, they have been To-
ing their duty as American citizens
in a name that would be deemed
most creditable to many an older com
munity. Possibly it will not take
more than a few years to educat the
American public up to an appreciation
of the truth concerning Arizona.
When this has bee accomplished the
granting of statehood will become a
mere matter of detail-and another
imperial commonwealth will be added
to the Unio1.-Los Angeles Times.
The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1907-02-15
wEALTHtEsr

The q. s. is not only the wealth
lest country on the globe, but its lead
over the other countries is increasing
every day, says Leslie's Weekly, As
estimated by the census bureau, in a
report just sem out, the wealth of the
United States was in 1904. in round
figures, $107. 900. 900 900. This was an
increase of s1s.6OO, 0OO. 900 W 1900.
During the Jour years ending with
1904 the country's wealth expanded
by a larger figures than it's entire
wealth amounted to ($16, 600. 0OO, 000)
in the year in which Lincoln was first
elected, 1860. Yet the United States
filed a pretty big place on the map
even in 1860. n that year, moreover,
1000, 900 slaves were counted as mer-
chandise, and entered into this $16,-
100000 900, property valuation. The
best British estimates place the
wealth of the United Kingdom al
to the United States in this respect.
but is far below this country. Ger
many and France are each a few bill
ions below the United Kingdom.
On a basis of an increase from June
30, 1900. to June 80 1904. is about
S119, 600, 600, 900 in these early weeks
of 1907. The wealth of the U1ited
States is much greater than the com
bined countries which hold the second
and third place on the roll. And the
gap between us and them is steadily
and rapidly broadening. The increase
is very much faster than in population
In the 1O7 years since 1900, while the
population of the United States has
increased 16 times, the wealth of the
times. This is one of the marvels of
American expansion.
The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1907-02-15

except alkali water. These remarks
we're iterated and reiterated, the Carls
bad men following the Oklaaomans
from car to car, until finally the Carls
bad men called the Oklahoma fellows
a1d challenged them to prove their
statements. Then the Oklahoma men
saw that they were about to be expos
ed as four-lushes and promptly drift
ed and left the h-omeseekers to act
upon their own %volition, but it was
then too late. =
Many of thee h-omeseekers on that
train had tickets through to this
place, but every one OF them got off
at points north of Carlsbad. not n
of the bunch of h-omeseekers reaching
the destination to which they had
bought tickets.