Daily capital journal. (Salem, Oregon) 1903-1919, 1908-12-19

genlal numan side. but particularly
because he came at the time when
Chicago, put to test, had suddenly
demonstrated maturity as n financial
center. Mr. Morgan, Jointly with
the Marshall Field estate. was the
big factor in Chicago traction financ-
ing and he has come out at least
once a year. On the day when he
came the Chicago market had abb
sorbed the last OF over 5000 shares
OF Commonwealth-Edison stock
which the New York gas crowd"
c. X. Billings. Anthony n. Brady |
and others, threw upon the Chicago |
market abruptly. This unprecedent-
ed selling found the Chicago buying |
power so broad and substantial that |
the price remained almost station
ary. or late the purchasing power
of Chicago has astonished not only |
the East but itself. Mr.. Morgan re- |
lated his fathers warning to him on |
entering business: Remember, the |
man who f. bear on his country's |
future will go broke"
The shoveling OF snow and who
should do II or pay for having u
done has become problem for the
courts In Chicago because OF the fast
increasing preference OF people for
life In fats instead OF houses. The
Investment of sS4,000,000 in hAt
buildings as compared with s24.-
100000 tells the story except that
cheapness OF material and the build
now" agitation has had It's stimulat-
ing effect on building in general, the
total for the last IL months beln z
s62, e,2S0 in Chicago. with nearly
81 100000 In the month OF Novem-
ber and a prospective s5.000.000 in
December, making a grand total for
1908 OF t67 200. 900. First fat
tenants have In some cases re6elled
against the rule OF upper nat dwell
lers that they must keep the front
walk free OF snow and that upstairs
the families were exempt from the
snowshovel duty OF expense One
man protested 10 Mayor Busse;
There ought TO be a snow tar. We
are now taxed TO death any way. and
the city and county onolals ought
TO put snow tar on us From this
fund men could be hired 10 clean the
sidewalks
The new fats would house i0O.-
900 people. which shows how the
snow problem Is growing In serious
ness. The greatest amount OF nat
building has been I'm the Lake View
district where the standards OF liv-
ing are high where theater-going
and women's clubs n not the excln-
sive smart set society life requir-s
too much earnest attention TO per-
NIT ot housekeeping of the old
fashioned kind The birth rate In
that district Is low This fact Ia
immortality connected with Hat life
becaure Il is one Oi tho rules OF
many owner Of fat buildings OF the
more expensive class 90 allow no
4 families with the undeslred lmperl-
mcuta OF progeny unless II was OF
the lapdOg order. and even poodle
are barred by some. u Is disgrace
ful. the embargo against dog'. Some
years ago the sections whore foreign
crs predominatei showed strong
preference for individual homes but
nov IN the northwest section Of the
Rat-buildlng, cost was S6.027,5OO
Iaganat S501 900 IN individual
+. homes The greatest amount Of
building was done on the South Side
. whore Il waD tif.S61,SO0 as com
parcd with SS,S04.500 OF the North
Side The greatest Improvement IN
; traction service has been made by
the South Side company which IN
part explains the gain
The national corn exposition IA
omaha which was inaugurated ladi
year In Chicago, the greatest corn
market In the world. has given a ne~
interest 10 the phase OF the report
OF the National Conservation commits
sion which related 20 the need TOT
conserving the productive wealth ol
J the soil which has produced the bil'
, lion dollar corn crops. Both eHpoai
. tlous have proved tremendous torec'
Iiu advancing the cause OF soil cor
!. seryation By scientific fertilization a.
both the capitalist and the clerk oI
. 1.-The city and the farmer we're showr
, startling proofs of rs results. Jas
ill., nm. In his speech last year al
, 1.-The conference OF governors uttered
warning that foreign nations. bi
mode prudent methods, we're able q
, raise twice as much grain per acr'
+ AS our farmers do lie pointed ou
, that in this country farmers, by single
/ cropping and scanty fertilization
T exhaust IN ten years soil that ma
- been ten thousand years Ia It's max
] ling The future Of the corn crop
, Uncle Sans greatest wealth pro
r Iducer-and Of other crops will b'
, / one OF the subjects Of investigation
) lbv the conservation commission
. which this congress will be asked u
J make a permanent body II II est
) mated that from the washing n
- soil not properly protected We los'
. every year one billion tons OF M
, richest soil matter. which r. s~e'
p from the surface Of the farms am
3 carried toward the sea The check
+ ing OF this loss by erosion iz involved
- in The waterway problem as the sii
! carried down streams serves 10 nj
r mo- the channels Of the navieabl
Z rivers.
Medicine That IA MeHleine