The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1908-09-11

|
heretofore prescribed. The confer
ence has decided to abandon the
military masts and to adopt the 90
foot fire control towers of steel re-
Gently tested at Hampton Roads.
The principal guns of the second
battery Will be 5-inch instead of six.
The subcommittee of the Ameri-
| can Monetary Commission created
by Congress has finished it's study of
the financial system of England af-
ter a series of conferences at Lon
don with Lord Rothschild, the per-
manent secretary of the treasury,
and other tinanciers. During the
past week the subcommittee has
| been sitting at Paris to study the
| French banking system. Senator
Aldrich, with Prof. Andrews, of
Harvard, will proceed to Berlin to
arrange for several special articles
on the German system, and other
members will return to the United
| States.
Records for the amount Of lun-
Der sawed from one tree, from one
acre, and from ten acres, have been
shattered by the cut made from a
'en-acre tract of land on the north
short of Puget Sound. The log
scales shows that 5,1O0,766 feet were
obtained from SCI trees in ten
acre tract, or an average of 510,076
seet to the acre according to the
Seattle Post-Intelligencer The rec
ord acre of the ten yielded just $780,
0iS feet, as compared with the nor
nal average of $4,000 feet to the
acre. On this particular acre a sin
gle fir tree scaled 22,145 feet, or less
than 5000 feet under the average
yield of an entire acre of ground
The report of the appraisal of the
estate of the late Russell Sage, as
approved by Surrogate Beckett, in
cludes loans in great sums to many
of the most prominent firms in Wall
street. All Of these loans have been
collected in cash since Mr.. Sage's
death, as failure to give up the re-
CURED amounts would necessitate
forfeiture of the stocks or bonds de-
posted as security. There is also
in the report an interesting account
of the stocks and investments that
Mr.. Sage went into apparently with
out profit, as the appraiser places
their value as nominal. When Rus
sell Sage died Wall street owed
him more than s21, 100000 which
has since been paid
Diplomacy, in spite of the frank
ness which is supposed to character
ize it in modern days, still has its
amusing episodes. When Italy de-
cided to open postoffices in five Turk
permission, but said that the open
ing would be prevented by force if
necessary. When Italian battleships
appeared the request was granted,
mot az a right, specially acquired, .
the Turkish ambassador took pains
to remark, but as an expression OF
the mistaken sentiments of sincere
friendship, between the Sultan and
the ing of Italy. Signor Tittoni, on
behalf of Italy, remarked, somewhat
dryly, that the friendly sentiments of
the Sultan were fully reciprocated.
Down in Alabama" said John D.
Fearhake, there's deputy marshal
who does not let any such trifes as
extradition laws stop him. Term OF
court was about to begin at one
time, and a gentleman who was out
on bail was reported to be enjoying
himself over in Georgia. Deputy jim
went over after him. Next day he
telegraphed the Judge: I have pur-
suaded him to come And few days
later he rode into town on mule,
leading his prisoner, tied up snugly
with clothesline. The prisoner
looked as if he had seen hard service
Why, for heavens sake, JIM said
the Judge, you did't make him walk
all the way from Georgia, did you?
No, sir said jim, part of the way
drug him and when we came to the
Tallapoosa river he swum.'"
Wm. II. Allen says: The fac
that 100000 was given to the
so-called institutions Of learning II
1907 affords no guarantee whatever
that these funds will not subsidiz'
mis-education rather than promote
right education. The Rockefelle
foundation openly takes the grount
that in many cases gifts to college
and schools postpone the recognition
. OF the truth that the beneficiary ha
outlived its usefulness and offers
poorer education than another in
stitution within twenty-five mile
; equally needy but incomparably su
perior In equipment and staff. S
: far as the Carnegie foundatio
(19O5) for pensioning college pre-
ressors relieves colleges Of their OF
legation to pay their way as the
go, 1t is no more educational than
i working girls home that enable
those 1t shelters to live on less tina
= a living wage"
= For flne Job printing call ut II