The Ketchikan miner., 1907-12-07

Sln2lo copies. ........'..'''.
 DECEMBER !, 1907
 In many cases, 1t Is to be feared, enthusiasm for tho Penomination of Presidsns Roosevelt indicates c belief that he will be renominated rather than . wish that he shall be. There are more time-servers to the square foot in politics than in any other walk of life.
 So Ar. Bryan is In a receptive 'mood" As to tho democratic nomina- lion for the presldencyl We'll, he has always boon . receptive" kind of chap. That it is moro conducive to one's prosperity to receive than to give has ever besn . cardinal princi- ple In astute Billy Bryan's scheme of life, and in bis caso paying advertise ment, too.
 The federal government at Ottawa pays slo,7 to tho Japanese whose property was destroyed in the Van couver riots. The tax ought to be chargeable against tho community which failed to check the anti-foreign outbreaks; but since the Japanese gov srnment is satisfied with Canada's method of settlement, the incident will be considered closed and the Ot- tawa authorities will feel that they got oil cheaply:
 If tho big consumers could only ob- tain tho cash to buy copper with at she prices now ruling for the metal that alleged "surplus' would disap- pear within . fortnight. But it is their unhappy predicament that just when the price Is 90 low as to invite large purchases money is 50 hard to get that they can't take advantage of tho market condition. The change will be . lightning one when 1t comes. The heavy cut in production will not be without effect h bringing it more quickly and send Ing the price up sharply when the monetary situation is relieved of the strain it Is now under.
 The vast amount of speculation con- cerning the presidential situation, the numerous theories proposed and the booms that are resurrected and the booms that are buried indicate at least that the people are beginning to get their minds on the thing. As for the various reports and stories with which the papers are full, it may be taken for granted that they are little more than ingenious guesswork and theoriz- ing. No one knows much about the situation and he who insists most strenuously that he has authoritative information is mayhap tho greatest pretender of all. It has frequently hap pened shat way:
 The expression, "move the crops, " often of little meaning to the average person who does not do banking bus iness, Is explained in this way by Comptroller Ridgeley: "When the harvests first begin In the South and South west, tho banks at once feel two demands; first, for loans to the people who must supply funds to buy the pro- ducts of the farms or plantation sec- ond, for currency to pay the wages of labor and to pay for such products as must be paid for in actual cash, and not by . transfer of credits by checks. This demand for loans to be kept on deposit makes moro reserve money necessary for tho banks to hold, and as the same time they must supply moro currency for cash transactions. That is what is meant by money to move crops.' The demand for money at tho crop moving points, it is ex- plaiued by Mir. Ridgeley, draws the currency and reserves away from the main centers like New York and Chi eago, and causes the difficulty felt in these cities in raising money or secur- ing credits for tho transaction of bus iness. But, adds Mir. Ridgeley, after the money is DO longer needed in these banking centers 1t flows back; and then, being available for loans in large amounts at very low rates of in- terest, it tempts to speculation.
 
 Mr. Charles W. Fairbanks is Vice President of the United States. He ls . candidate for..nomination for Pres idsnt. Will he ever become the nom- fnee of the party? The Vice Presi- dents elected to the Presidency have comprised John Adams, Vice Presi- dent in 17s9, and elected President in 1796; Thomas Jefferson, chosen to the Vice Presidency in 1798 and elected to the. Presidency in 1900; Martin Van Buren, becoming Vice President in 1883 and chosen to the Presidency in 1858, and Theodore Roosevelt, elected Vice President in 1900 and elected President in 1904. Among Vice Pres idents not elected to the Presidency, very many could be named. Aaron p.,rr Canrus Clinton Eihrid0o Corrv