davidaulloa/AmericanStories huggingface dataset:
The Jeffersonian. [volume] (Atlanta, Ga.) 1907-1917, 1908-03-19

W ~
Toxic, March 15.-The government of ia
pan, finding that the self-imposed burden Of
nationalized railroads is likely to prove too
heavy, is engaged in consideration of
tentative projects for relieving itself and at
the same time serving the double purpose
of bul9ing up the industries Of the country,
providing additional exports for it's sub
sidized steamship lines and increasing it's own
income by the revenues from increased pro-
duction. To the layman, nothing presents
SO difficult problem at the present time as
that Of high finance in Japan
Outlay on Army and Navy.
The tremendous outlay on army and navy
continues to be the point on which states
men, politicians and fnanciers are quarrel
ing. With sixty per cent Of it's appropria-
tlons given to the three divisions, finance,
army and navy, necessarily but little is left
for the so-much-needed improvement of rail
roads, and in the present condition of the
country, the four hundred millions that must
be paid to the old railroad companies for the
purpose will strain the engenuity Of the inan-
ciers who have undertaken the re-organiza-
ton
Meanwhile, but little can be done to extend
the trackage throughout those sections of ia
pan where it is much needed for development
and to improve and equip the present lines
IN such manner as to enable them to fetch
and carry in adequate degree 1t is quite
realized by the commercial men, who oppos-
ed the naturalization of the railroads at the
time the question came up and those who
favored the movement, but have since changed
their views that without a network Of rail
roads in the island it would be impossible
to develop resources and consequently impos-
sible for the government to adjust its finances
so that in future years it's income may meet
it's necessary and legitimate expenditures
Japan May Lease Roads
1t is in this connection that inanciers, en-
gineers and railroad men from foreign coun-
tries have been in conference for the last
month and more with certain leading men
in Japan. It is understood that the PROPOSE
tion now finding favor is that the railroads
The Jeffersonian. [volume] (Atlanta, Ga.) 1907-1917, 1908-03-19
THE FLEETS WORLD TOUR,

Definite and official announcement is now
made that the United States fleet, under Adj
miral Evans, will circumnavigate the globe
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1908-04-17

the bill as presented in the legislature
this Spring: placing US, as u people
safe within the prohibition line.
Mr.. Tricket, Acknowledgement Of
the State of Kansas; or Mrs. Mary
Harris Armour, Eastman, Ga viii
either of them be glad to furnish all
data necessary to prove that prohibit
ton does prohibit and is Of ineSti-
mable value to the citizen and the
community, and refute the many al
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1908-04-17
Constitutional Amendments.

The people of Louisiana, in the
coming state election, to be held Apri
q. 1908, will vote on, and should vote
for. the following amendments:
|. Consolidating the seven tax
collectors in New Orleans, into one,
fixing his salary at S., 900 and making
all fees payable into the treasury OF
the state.
2. Authorizing the Legislature to
initiate legislation for the benefit OF
the Railroad Commission. Under the
existing article of the constitution the
legislature is powerless to act, except
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1908-04-17

field, Asa Buck having the contract
for that part of the work inns
machinery consists, among other
things, of two air composers which
are being installed to operate on wells
that were put down by this company
last fall. It is also the expectation
that at least two new wells will De
drilled in the near future. 1t is the
belief of those in position to know,
that the application of air to the wells
in this field will do more toward the
successful development of the same
than has yet been accomplished
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1908-04-17

upon the recommendation of the COM
mission.
3. Subjecting transportation lines
to fines for disobeying an order of the
Railroad commission, requiring them
to enter the courts to suspend it; pen
alizing them at the rate of from $40 to
50 from date of the operation of the
order, if the judgement is against them,
and giving the commission jurisdiction
over the service of the telegraph and
telephone company.
4. Prohibiting federal, foreign and
nonresident companies from doing
business in Louisiana when they sue
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1908-04-17
WORK REVIVED AT THE WELSH OIL FIELD
Two Air COmpressers Being Installed
and Two New Wells To BE Pu'
Down BY Gutfy Company

Mr.. B. G. Taber of Houston, VINO
has charge of the Gufy Company S
oil interests in the Welsh field came
over Tuesday noon to spend a day
or two inspecting the work that is
being instituted in their holdings
MIR. Tabor has recently had five cars
ofmschinery shipped here which is
now being unloaded and taken to the
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1908-04-17
State Prohibition.
To the People:

To the People:
We, the Women's Prohibition
League of Shreveport. asl, WI, both
men and women, Of oar state of
louisiana and of your Parish in par
ticular, to organize anG maintain a
persistent and sustained otrort for
State Prohibition. From clubs and,
thus combined, urge upon our legis-
lators and senators the passage OF
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02

somewhat against Professor Bash
ford. Milwaukee, however, has two
members Of this court-Justices
Dodge and TimIin. Senator White
head of GAINESVILLE has friends who
say he possesses the Judicial temper
ament in a high degree and Aidro
jerks, Dodgeville democrat, IS a
strong lawyer not overlooked il the
reckoning. 1t is thought that Gov
ernor Davidson will appoint early in
January The appointment will be
until the place is filed by election
next April, and the term of the one
then elected will end in January
1910, when Chief Justice Cassoday's
tenure would have ended Associate
Justice ]. B. Winslow becomes chief
Justice by reason of seniority, and
the others in the order of their
serv &c are Justices Marshall, Dodge,
SiIbecker Kerwin and Timl.n.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02
PANIC EFFECTS
som TO CEASE
SAYS SECRETARY TAFT IN
SPEECH AT BOSTON.

Boston, Dec. Sat a dinner OF
| the Merchants and Manufacturers as,
| ISOLATION last night Secretary of War
Taft was principal speaker and his
address was of large interest in that
it presented to the country the issues
upon which he will make his cam
paign for the republican nomination
for the presidency. He spoke first
upon the financial problem, deciarin g
that panics and industrial deprassions
are the result of the characteristics
of human nature, which manifest
themselves in business and elsewhere.
The world generally has a certain
amount of loanable capital available
for new enterprises or the enlarge
ment of Old ones.
g would SEEM" said Mr. Taft,
that our system of currency is not
arranged so as to permit it's volume
to be increased temporarily to cou1-
teract the sudden drain of money by
the boarding in panic.
The injurious consequences to fol-
low from this panic are not likely to
he SO long drawn out Or to result in
such disastrous industrial depression
as the panic of 1893 or the panic OF
1873, and this for the reason that the
condition of the country makes it
SO much easier to resume business
gradually. to accumulate capital and
then to renew the enterprises which
had to be abandoned for lack of it"
Mr.. Taft referred to the struggle OF
the administration with the corpora
tons and declared that popular sym
pathN has been awakened by revela-
tons as to breaches of trust by the
managers of some of the great insur-
ance companies; by revelations as to
Encouragement of the internal af-
fairs of great railroad companies, by
the disclosures as to the enormous
amount of rebates eXtorted from the
railroad companies by these trusts;
and by the constituencies stock job
bing and over-tssue Of bonds and
stocks shown to have occurred in the
management of some of our great
corDorations
"The combination of capital is
just as essential to progress as the
assembling Of the parts of a machine;
and hence, corporations however
large are instruments of progress.
Against Government Ownership.
Again | am earnestly opposed to
the government ownership of the in
terstate railways that are the arter-
ial system of this country. Those
railways should continue to be man
| aged by private corporations. Govern,
ment ownership of railways means
state socialism, an increase in the
| power Of the central government that
would be dangerous"
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02
WORLDS GREATEST
CENTER OF CRIME
LONDON DOESN'T COMPARE WITH
CHICAGO AS RoGUE's CITY.
SAYS ROBERT MCCORMICK
Result of Middle Yves, ern City's Pc.
ston as Railroad Center
Speaker Shows Failing of Justice
Courts and the Improvement IN.
der the New System.
Madison, Dec. 81.

Preliminary to his remarks dealing
with the Chicago nun. cipal court, AS,
sistant States Attorney Robert II.
Mccormick, IT., of Chicago, H., took
occasion 20 state that Chicago is the
greatest criminal center in the world
He said that as early af 1898, it was
even ahead of London, although thai
city was almost twice as large. The
causes for this condition, he said
were Oh Cages position as a great
railway center, a center of a laboring
population, and an inland city, the in
habltants of which for the most part
do not care what the law is. Most
OF these people, he sa d, came from
the southern countries Of Europe and
cause it was a free country, and by
free" they inferred that they could
do absolutely as they wished
He said that every month all thu
brought, the majority of these being
fer cases of felony. He then spoke
atout The system Of justice courts il
vogue at Chicago until last year.
This, he said, outgrew its usefulness
and became a cancer IN the heart OF
The city. He then reviewed the polit,
ical corruption that could and that
did creep into the system In 1906,
lie said. 10000 people were arraigned
for felony and misdemeanors and OF
these only 5000 were bound over.
Mr.. Mccormick went into the de-
tails of the new municipal court OF
the city saying that in it the city has
a lower court with all kinds of iuris,
Giction. In the first SIX months Of the
courts existence, 4O61O cases vera
decided. He said that it was the duty
Of he court to recommend changes
to the legislature.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02

| the late Willard Merrill Of Milwaukee
and after that with Edward f. Car
| penter, a half brother of the late Sen.
ator Carpenter, until he was appointed
to the supreme bench in 1880.
Justice Cassoday was republican
He was a delegate TO the Baltimore
convention in 1864 that nominated
Lincoln for reelection. The same
year he was elected to the state as.
sembly In 1876 he was again elected
to the assembly and chosen its
speaker He was a delegate-at-large
to the republican national convention
at Chicago in 1880 and was chairman
! of the delegation. 1t was through his
tact and far sightedness that the Wis
consin delegation on the thirty-fourtE
its vote for Garfield and on the second
ballot following the Ohioan was
elected.
Judge Cassoday was sent to the con-
yention as a delegate for Elihu
Washburn and as long as the famous
Llnoisian had any chance of nomiaa-
ton he Loyalty supported him and
made the speech of presenting his
name to the convention. General J
NJ. Rusk was also a delegate AMI
when the break to Garfield came
Judge Cassoday aided him il the
stampede to the candidacy of his boy
hood friend
President Benjamin Harrison was
great admirer of Chief Justice Cas-
soday and offered him the chief jus.
ticeship Of the United States court OF
claims, but for reasons known to bul
a few of his friends, he felt that be
could not accept the honor.
Becomes Highest Judge.
Chief Justice Ryan of the supreme
court died in 1879, creating a vacancy
in that court. Immediately the Rock
county bar addressed a petition to
Governor Smith asking the appoint
ment Of Mr.. Cassoday to the vacancy
justice Cole, the Oldest member OF
the bench, was appointed chief jus
tice and Mr.. Cassoday associate jus.
tice. In 1889 Justice Cassoday was
elected without opposition, receiving
210,899 votes. Upon the death o.
Chief Justice Orton in July, 1895, JUS
tice CassOday became chief justice.
being the oldest Judge in point of ser.
vice.
Since taking his place on the bench
Justice CaSsoday had shown regard
for the proprfeties of the position by
refrain;ng entirely from all active mar
ticipation in political affairs. Both a,
lawyer and judge, he had always been
a hard student with great care for de-
tails and methods, a close reasoner
an unt.ring worker and unsparing of
effort in the preparation of his cases.
He was successful at the bar from
the beginning and during his twenty
odd years of practice was never want.
ing in clients
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02
WHO WILL Be NAMED
TO SUPREME BENCH2
Madison. Dec. 81.

Already are heard rumors regarding
the vacancy created on the supreme
bench by the death Of Chief Justice
CassOday, and several names are
freely mentioned Among the proba-
bilities is Judge A J. Vinje, who has
long been on the Superior circuit. 1t
is urged that his geographical loca-
ton is perfect, in the extreme north
ern part of the state and that, hay
ng performed faithful service on the
circuit. he is entitled to promotion.
Further, it is said of him that he is
able, just and fearless. He is a Nor
wegian also, and that important ia
tiOnality as yet has no place on the
supreme bench; but tn S circum-
stance is merely mentiOned-nOt pre-
scented as an important consideration
in the case. Should Judge Vinje be
elevated, it is pointed out that the
way would then be opened for the
appointment by the governor of Sen
atOr Hundnall, also of Superior, 10
the circuit bench. Senator HudnS II
is close to Governor Davdso anu
would himself grace the supreme
bench. Another Superior possibility
is L. K. Luse-big-brained and popu-
lar. Then there are Senator San
born of Ashland James O'Nien of
Neillsville, Judge CIementson of
Lancaster, and Professor R. NJ. Bash
ford of Madison. but the fact that
Madison already has one representa-
tive on the bench m ght initiate
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02
Country Stood the Strain.

The old year ends with prices of
commodities and securities much
lower than a year ago and with Iiqui-
Idation largely advanced in the bank
ing field, if not in the field of commod-
tiles. The great stock of currency
absorbed during the panic is return
ing to the banks and the action just
taken by the secretary of the treas
ury to recall part of the deposits of
public money in the banks will tend
to check the outward movement of
god which in some quarters is expect
ed within the next few months. The
financial structure of the country has
stood the strain with only limited
number Of serious disasters and will
enter upon the new year under much
stronger and safer conditions than it
began the old wear.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02
GREAT EARTHQUAKE.
European instruments Detect Powerful
Disturbance.

LaIbach, Austria-Hungaria, Dec. 81.
"A series Of earthquakes Of great vic
lence was recorded at the observa-
tory here yesterday, which, according
to Professor Belar, must have had
their center on the mainland between
Mexico and Colombo.
Shide, Is1a of Wight, Dec 31-The
chronological instruments at Shide
Hill observatory registered an earth
quake yesterday morning. Professor
john Milne, a well known authority,
says it was one of the greatest earth
quakes experienced in some time and
referred to the Kingston, Jamaica dis
aster as being similar in kind.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02
BETTER AND STRONGER CONDI-
TONS THAN AT BEGINNING
OF OLD YEAR.
BUSINESS SITUATION CLARIFIED
BY STRENUOUS EXPERIENCES
CT THE FINANCIERS,
NATION STOOD WELL THE STRAIN
OF PANIC, WHICH HAD
TO COME.

New York, Dec. 31.-The year 1907
has been one in which there has been
much making of financial history. It
| will go down with 1857, 1878 and 1893
as one Of the panic years in American
| finance, but despite the remarkable
stress and strain to which the finan-
cial structure has been subjected, the
year closes with conditions stronger
and safer than they were when the
year began.
The year opened with a feeling in
conservative quarters that speculation
had already been carried to an unwar-
ranted height and that prudence was
operated to some extent throughout
the year and that there was a scar
city of capital for absorbing new Sc
curities was indicated by diminished
transactions in stocks and bonds on
the New York stock exchange. The
banner year prior to 1902 was 1901,
when the number of shares dealt in
was 265,57I354. There was a decline
to 160,748,368 shares in the depres-
sion of 1903, and recovery to 263 ,040,-
993 in 1905 and 288,424,234 in 1906
The number of shares dealt in in 1907
fell to 195, 1863 1872. In bends the max
inn, 1,ybN
were $1,000, $50. Signs of exhaus-
ton Of capital were already afforded
IN 1906 by decline in such sales to
$67O,817,333 and finally to $561,651,-
500 in 1907
he source Of pressure upon The
money market is indicated by the
large issue of securities which took
place during the several years prior
to the crisis. The extent to which
the capital resources had been
strained was not revealed in a strik.
ing manner to the general public I'M
til the silent panic" March IA, now
almost overshadowed by latter events,
but at the time one Of the most seri-
Gus and remarkable breaks which the
market has ever suffered, the loss of
10 points in Amalgamated Copper in
single day, q in American Smelt-
ing, p in Reading and 25 in Union
Pacific, added to considerable previ-
Gus declines wiped out margins, com
PEELED the calling of leans and
wrecked the fortunes of many specula-
fDr Hl,n 1-ot
slowly during the spring and early
summer, to suffer new reactions in
August; but twas not until October
that the storm broke in all its force
with the collapse of the corner in
United Copper.
Troubles Came in Scuadrons.
Events then moved fast; the Knick-
erbocker Trust company closed Octo-
Der p, after paying cut about $4,000
900 cash, and runs began upon other
trust companies. The suspension of
cash payments by practically all the
banks and the decision on Saturday,
October 26, to issue clearing house
certificates marked the eliminating
stages of the crisis. Then the govern
ment deposited $30,O00,O00 in the ma
tiCnal banks of New York and gold
was imported until at the close of De-
cember about $106,OOO,OOO had been
received.
Later came Secretary Cortelyous
offer of $50,OO0,OOO Panama canal
bonds and $1OOOOO,OOO of one year
certificates. This announcement, &C
companied by a vigorous letter from
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02
FIRST WIFE COUNTED OUT.
Has No Interest in Estate of Dead
Gambler

Chicago. Dec. 31.-Judge Barnes in
the superior court yesterday held
that Mary Mcdonald, first wife of
Michael c. Mcdonald, the former gam
bier and democratic politician has no
interest in his estate. The court also
held that the trustees should not be
enJoined from turning over her dover
to the second wife, Dora Mcdonald.
who IS awaiting trial for the shooting
of Webster S. Guerin isora McDon-
aid is to be arraignod for trial today.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02

President Roosevelt, did much, in the
opinion of many bankers to stay the
panic SO it was necessary to issue
only about s25.00o,000 of the bonds
and s15,000,000 of the certificates.
The number of national bank suspen-
sions hardly equalled a dozen during
the recent panic. The volume of cur
rency in circulation has swollen from
1881, 700,053 on June 80 to s259, 851, OO4
On Dec. DC
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02

J. c. Cain, the convicted murderer
of Charles Morris. a wealthy mine
owner, committed suicide in the
county jail at Dos Moines. Ia. He cut
his throat with a razor which he had
Struggled into the cell. Cain had been
sentcncok to life imprisonment.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02
VIOLATED ORDERS.

Soldier VIII Be Rep-imanded for
Permitting Prizefight.
Des MoineS. Dec. 28.-The court.
martial trying Captain Kulp of COM
pany p, 54th regiment, for alleged
failure TO stop a prizefght upon or
ders of Adiutant General Thrift, the
night of November q, returned a
verdict holding that Kulp, while he
may not have intentionally disobeyed
orders, did so, and the court recon-
mended that he be reprimanded.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02

Three persons were killed ard more
than q dozen others injured in a rear
end collision on the elevated tracks
of the Pennsylvania railroad a short
distance from Camden, N J.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02
LIES SAVINGS GONE.

Thieves Compel Revelation of Hid.
ing Place of Money.
untontown, Pa, Dec. 2S.-Thieyes
early yesterday broke into the house
of William Yauger, near Percy, and
by threatening to kill Yauger and his
wife, forced Yauger to reveal the hid
ing place of $4,000, the savings of a
life time.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02
COST Of PAPER
STEADILY UPWARDS
AND A GREAT SHORTAGE OF
PULP SUPPLY THREATENED.
TIMELY BULLETIN ISSUED

Carload of Print Paper Now Costs
$1,000 Where Only One Year AGO
1t Could Be Bought for $8oo-Big
DUTY on Pulp and Paper-Some In
teresting Data.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02
CURRENCY PLAN
Of THE BANKERS
SUBJECT OF DISCUSSION BY AN
EMINENT ECONOMIST.
Is TRULY A COMPROMISE

Scheme Would Lead to Asset Bank
ing-Wisdom of Proposal Cues
tioned-If 1t Be Adopted 1t Should
Be Entered into With Open Eyes
Defects are Pointed Out.
Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-01-02
Came West in 1857

In 1857 he came west to GAINESVILLE.
where he entered the law Office of H.
;. Congsr. afterwards Judge of tha,
0a~ he became a member
g Trm of Bennett, Cassoday
This partnership continued
~ years. For two wears he
w aione' 1nen III company with
Goldsboro weekly argus., 1908-11-05
ONCE FOES-.NOW FRIENDS
Rev. J.. A. Smith to Address New Ysfk
Veterans at Great Reunion.
Wilmin ngton Star.

The Utica IN. y Globe of last Satur-
day is a special number in honor of
the forthcoming reunion of the union
veterans of Oneida county, at which
time Rev. James A. Smith of this city. 4.
will be the guest of the four Grand
Army Posts of that city and will ad-
dress the old soldiers on the battle OF
Fort Fisher. The Globe prints excel
lent half tone pictures of Rev. Smith /,
Sergt' BENZ. F. Seeley, to whom he
surrendered at the "bleody gate' dur
ing that memorable conflict; Gen. N.
M. Curtis, and a birdseye view of the
great naval ombardment of the pest,
In which SO many brave North Caro-
inians fell in battle. Mr.. Smith will
speak on this historic fight on Nov.
18th, at the Thorne Memorial Chapel
auditorium in Utica, and on the Sun
day evening following in the First
Presby terian church Of Utica, at the
request of the pastor, will speak on
"Some of the trials of the South dur.
ing and after the war" Mr.. Smith il
looking forward to his trip and re.
union with the Northern veterans with
much pleasure and it is unnecessary
to say that the cause of the South in
his hands will be well taken sare OF.