The Montgomery advertiser., 1908-01-12
NEW YORK'.S ADJUSTMENTS
 COST$IOO, OOO, 900 ANNUALLY

to be s2s.ooo but extended investiga- tfon has failed to discover in the city small amounts have been judiciously distributed.
 There is strong suspicion that the whole affair is swindle since 1t is asserted that many of the tickets are sold to foreigners who cannot read English.
 As there are 100000 numbers in each drawing it is apparent that the affair would be a gold mine even If honestly conducted. New York. however, has had one recent lesson in the policy game" of the late Al Adams and 1t is unlikely Fthat the present lottery will be able to continue much longer.
 Figured in dollars and cents. the tre- mendous organization for public educa- ton which New York has built up rep resents the investment of the income from the enormous sum of $2,000.o00,- 600.
 The entire cost of Father Knicker- lockers schools as they stand today is nearly s100,e00.o00, according to the latest report of the Finance Commit tee of the Board of Education, a sum spent for education alone and equal to- one-tenth of the annual appropriation of Congress for the various needs of the entire country.
 Of this $1O0, 900, 900, about one-quar- ter, or s25.o00.0o0. has been used for the purchase of sites, so that the value of the real estate in this city devoted to education is on it's present valua- tion probably greater than that held by any one of the city's money kings.
 For the erection of school buildings $60.000. 900 has been spent, thus making these holdings larger than those of any owner of skyscrapers. It has taken more than $11.000,000 to equip these schools. The Board of Education now owns 620 buildings and leases sixty more. thus bringing the total owned and operated by the city to nearly 500. The total area of the sites occupied is 461 acres.
 If the area were cut up into building lots 25xl00 feet and placed end to end it would give a strip 25 feet wide and 152 miles long, reaching, for example, from New York to Albany. all of which is devoted to the cause of education in this city.
 The total school attendance each day aggregates more than the combined population of Nevada. South Dakota and Alaska.
 That J. P. Morgan Is not only the alert, aggressive and widely powerful financier who is reported to have said on a recent occasion "Tell the Secre- tarv of the Treasury he must do it or I will." but also Is a man in whom the qualities of imagination and sentiment are strongly combined, is disclosed by a writer who contributes to the forth coming number of Appleton's an article explaining the dominant position oc- cupied by MT. Morgan in the financial world.
 To illustrate this point he tells some hitherto unpublished stories of the man who broke the money panic by off, fering to lend $25.oeo.OoO at the crucial moment. One of these is to the effect that Mir. Morgan in his capacity as the most influential director of the New York, New Haven and Hartford Rail- road, has prevented the strengthening of the lair line'' of this road between New York and Boston by the removal of 8 curve at Middletown, Ct, because the elimination of this curve would re- Quire the digging up of a graveyard in which members of his family are bur- jed.
 The Appleton article also explains that the reason why the name of the road has never been changed to the New England. as has been proposed many times, is owing to Mir. Morgan,
 
 name of the city of Hartford, where he was born.
 Numerous other incidents are given to show that the dean of American bankers has his softer side Although E. H. Hartman and Jacob H. SchiR may not be inclined to believe this.
 During the year just ended trans atlantic travel. east and west bound through the port of New York reach ed the enormous total of 2,957,32S pas- sengers, a number equal to the com bIned population of the cities of St. Louis, Boston, Baltimore, Cleveland, Buffalo, San Francisco and Cincinnati.
 This passenger movement for the year shows an increase of 972,640 over 1906, and was 1,451,161 greater than that of the year 1904. West bound travel accounted for more than half the total, as would naturally be expect ed, the persons arriving in New York from Europe numbering 1,699,S4 a figure 100000 in excess of the com bined east and west bound travel in the year 1904.
 Persons who sailed from New York for Europe during the past year num- bered 1,257,32S, the excess of west bound travel being 442.012. This great increase in transatlantic travel was not as might be supposed confined to any particular class, but appears in first and second class cabin travel as we'll as in the steerage. both east and west bound. The first cabin passen- gers from Europe to the United States was 107, ,965, an increase of 0,494 over the previous year. East bound first cabin travellers numbered 10O,2S6, an increase of s,147 over 1906.
 The most sensational feature of all