Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-12-26
Topics Of the Times

Another word for the central bank
idea has been spoken by tinancier
of high standing. Vice President Van
derlip of the big National City Bank
of New York. He favors combina-
ton Of the branch system of Scotland
and the central bank issue of Ger
| many.
In discussing the effect on the for
ests of the country by the use Of
| Christmas trees. of which it is esti-
mated that 100000 are used each
year, Clifford Pinchot, United States
forester, says that the effect is iniin-
itesimal compared with the destruc-
ton caused by forest fires and waste
full numbering. If planted four feet
apart these trees would be grown on
less than 400 acres. He says that
trees suitable for Christmas trees do
not grow in the old forests. where re-
production is most important, but in
the open, and there is no more rea-
son for an cutlery against using land
to grow Christmas trees than to grow
flowers According to Mr. Pnchot the
center Of the Christmas tree industry
lies in the big cities of the east. New
York City and the New England
states consume 100000 trees. or
nearly one-haf of all the output.
The right of the American Fedora
ton Of Labor to publish its unfair
and 1--WE don't patronize" lists is de-
MED in the temporary injunction
granted by Federal Judge Gould at
Washington. d. c., Tuesday. in the
most powerful enemy, President Van
Cleave Of the National Manufacturers
association, on behalf of the Bucks
Stove and Range company, of st.
Louis, Of which he is also the head.
This company had been included in the
boycotting lists on the charge that
Van Cleave had discharged an employe
and had threatened to discharge all
the employees who We're members of
the union committee which tried to
deal with him. The injunction names
not only the federation, but it's Off
GERS. President Gompers and Secretary
Morrison, and nine members of the
executive council, together with the
Electrotype Molders and F'inishers'
union, No. IL. and its officers, as de-
PENDANTS, and describes their action
as an illegal conspiracy. The Gompers
fni 1iSt
had been in use almost from the in
ceyption of the federation and that it
imputed only inequitable or discrim-
NATIVE treatment of organized labor.
According to newspaper declarations,
the public service commission for New
York city will, in it's coming report to
the legislature. make some rather
startling declarations and suggestions
in regard to the railroad companies of
the city 1t is limited, for instance.
that the commission will declare that
with proper capitalization. the rail-
roads could carry passengers at less
than half the fares now charged, and
still make large profits. In totaling up
the business for the year ending June
80, it was found that the receipts of
all the New York city companies
amounted to s66,O9s,776. The total
operating expense for the year was
s37,O13,O62, leaving balance of $685.
0S0,714.
The railroad companies doing busi-
mess in Missouri have about decided
not to contest the state 2-cent fare
law, because they are now confident
that the reduction of traffic shown by
their figures since the law went into
effect will satisfy the courts that it is
negotiable and confiscatorX. A Mis-
souri, Pacific official said the receipts
had declined 80 per cent in the last
ninety days, and Wabash man said
in passenger traffic alone was &c.
100000.
The significant feature of the BAN
quet preceding the annual meeting of
the National Civic Federation at New
York Monday night was the warning
contained in the speeches of Gompers
and MITCHELL the labor leaders, that
the proposed reduction in wages would
be fought to a finish. Gompers wanted
to know if the soil was less fertile, its
treasures less valuable, or if laboring
men had become less Industrious, and
held that every such reduction of
wages to meet such conditions as now
exist had only made matters worse.
The reason he advanced was that
when you reduce the laboring mans
earning capacity you reduce his con-
suming power, and thereby intensity
what was already bad enough" He
therefore gave notice that in this
instance the employers would not
have the plain sailing they had a few
years ago. He said the American
had come to the conclu-
sion that he was not responsible for
the financial breakdown and that he
was not going to be the chief sufferer
IOWA OPINIONS AND NOTES.
The Lake City News suggests to
Mr.. Bryan that he will gain many
votes if he will promise. if elected, to