Semi-weekly herald., 1908-09-03


from one to fvs years.
The year Of grace granted to forsisnr
ers under the new patent act haa ~
pired. and henceforth foreign patents
may be revoked by Great Britain after
reasonable interval unless the pat.
ented article Is manufactured or the
patented process is operated in the
United Kingdom to an adequate a.
tent. A great number Of foreign Arms
already have taken sites and started
works in Great Britain.
Dreams OF sinking snip and death
by drowning caused Mrs. Maria re.
nelli, 21S Spring street. New York, to
upset the. plans Of q doting husband
and bring more excitement to the pier
OF the French line than has been
known there for ages. Fighting with
all her strength. kicking and biting.
she dragged to tho ground half q
dozen stewards who sought to carry
her aboard the Touraine. which steam
ed for Havre. and finally had her own
way and remained In New York.
e.
Monday night the last Of the formal
ceremonies OF notification to presideu.
tial and vice presidential candidates
OF their nomination to the high office
was held. Thomas L. Hisgen and John
Temple Graves. respectively presiden-
tial and vice presidential nominee Of
the Independence party, were inform
ed In New York OF the action of the
convention of their party In selecting
them to make the race. Another DO
litical fixture Of the week Is the In
diana state convention Of the Inde-
pendence league In Indianapolis on
Thursday. MIR. Hisgen and William
r. Hearst will be there.
Mr.. Bryan's speech at Topeka on
the guarantee Of bank deposits has 1t.
tracted much attention in the east.
Nearly all Of the newspapers have
editorials on the subject, but not one
paper indorses the proposal. Even the
World. which is trying It's best to
support Bryan for president, condemns
the plan and virtually advises Bryan to
stop 1t. The nearest approach of ap-
proval comes, oddly enough. from the
Journal of Commerce, a business and
financial organ. which points out that
there arc arguments for az well az
against the proposal and suggests that
In a properly balanced system It might
be n good thing.
III the railroads would conduct their
affairs along the lines Of any well
managed manufacturing or other cor
porations and put proper amount OF
their earnings into betterments, there
would be no necessity for increasing
rates and public animosity would not
be aroused. The railroads have pur-
sued the policy OF the Arkansas farm
or. When 1t rained. he couldn't nx
his roof, and when It did not rain he
did not need to fix IT," This is the
keynote OF letter received yesterday
by the Illinois Manufacturers associs-
tion from G. c. Hanch of Indianapolis.
Vice president Of the National Manu-
facturers' association. In reply to 4
pamphlet favoring an increase Of
freight rates recently issued BY A. H.
Mulliken Of Chicago.
Prosperity, slowly perhaps, but none
the less surely. is again spreading
over the entire country. says Chicago
dispatch to the New York Herald.
Traces of the recent depression are
being oblfterated and men in all lines
II business are working with their
faces toward the light. The interviews
held with leaders In all lines Of bust
ness show that trade IL booming.
Steel mills. car shops, manufacturers
OF all kinds are reopening with full
forces. Interviews with tho heads OF
twenty great railway systems may be
summarized In the statement that ali
expect 9 tremendous crop movement
This, they say. will stimulate all lines
o. business. With crop funds circulat.
ing over the entire country. there will
follow permanent heavy traffic in msr.
chaEdise. for stocks have been per.
mitted to run to the lowest notch and
must be built up rapidly.
After feeling the pulse Of the Eu-
ropean stock market for many weeks,
Charles @. Gates OF Gates & Co. New
York. Is home from Liverpool. He
said be believed the United States
to be far In advance of Europe on the
general recovery from the financial de-
preston Of last year. at looked to
me-" added he. that European In
vestors are only waiting for an attrac-
tive foreign market, and from what I
saw ! believe they have found It.
There are many who have money to
invest In good securities and who are
looking for favorable chance. II
simply shows that the American mar
ket offers the most attractive opening,
and, from what can Judge. the future
looks good to me. Following the cleo
tion OF Mr.. Taft. which l take to be Q
foregone conclusion. there will be any
amount OF European money sent here
for Investment In our dividend paying
L n Ill -