davidaulloa/AmericanStories huggingface dataset:
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03
DEPRESSION HAS PASSED.

Henry Clews, the New York bank
err, is of the opinion that the finan-
cial depression has passed through its
most serious stages. Liquidation has
proceedel on an enormous scale, and
the shrinkage in values has been es-
timated at over $3,500000. In the bet
ter class of securities depressing fac
tors have probably been over-discounted
and the tendency is now toward a
fair recovery. 1t is not yet quite
clear that liquidation is complete, be-
cause of the heavy mass of undiges-
ted securities remaining.
Some will elapse before the cleaning
up process is complete, and good
many new projects, will have to be
either reorganized or entirely wound
up. The unsettled condition of cred
it is also disturbing element, al
though this will disappear as conf
dence reyives. 1t may also as well be
recognized we are for a period of
dividend reductions, although this con-
tingency has been largely discounted
by previous declines. On the other
hand, there is enough in the prosper
lily of the farming classes and the
comparatively sound condition of indus
try referred to above to warrant more
hopeful views than existed a month
ago. In the efforts to rebuild conf
dence we must not expect important
recovery.
The first step to take is to cease
calculating upon the old standards OF
values or from the old point of view
and to candidly recognize that in bust
ness values and volume must be thor
oughly adjusted to the new conditions
Contraction must rule for a period
There are still diseased spots exposed
| by the upheaval, credit is still disorder
ed, and in Wall Street considerable
clearing up will have to be done be-
| fore the effects of the promoters
debauch are over. A great many
unsuccessful enterprises will have to
be wound up involving more or less
liquidation.
But all this can be done quietly
as was the case in which much of the
| liquidation interfere with recovery in
| the best class of stocks and bonds
Some idea of the congested state of the
stock market may be obtained from
the fact that during the last five
years the total amount of new securi-
| ties authorized was $6,800,000,000; the
eleven months of 1907 alone account
| ing for $2,OOO,OO0,OOO of this total
During the latter period our railroads
authorized 81, 100000 securities, OF
which they were able to issue only one.
half, owing to money market eondi-
tions. OF industrial securities less than
which was endured without important
consequences. American credit received
staggering blow from recent scandals
in corporate management, yet the fact
that Americans are actively at work
raising their business standards, and
that American securities have proved
safer and more profitable than any
other foreign investments will do much
to revive confidence abroad. In Ger
many there has been more or less feal
of collapse because of the general over,
doing similar to that of the United
States.
1t proved, however, to have been in
much less degree than in the United
Estates. aud was free OF the torrnptivc
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03
ThlsPaper Six Months Free

TO hrst inqnirers in each locality IL you r,ention
he Free Press we will also send oui beautituIly
illustrated page book which explains in fnll The
plan that protects our 1900 clients against loss
ana gives them all OF the profits arising from
iegitimaiely conducted, ably managed mining en-.
terprises and explains how these investors are re-
ceivIng from to 70 times the of interest al
lowed by banks or other equally safe institutions
Our references are number of the leading banks
in the United States, the Commercial Agencies
and all of the reliable financial publications
N. w. Agency A. l.. WISNER * CO. GLOBE
BLDG, ST. PAIL.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03
ADVERTISED LETTERS.

Dec. 27, 1907:
Mrs. Frances Allen Mr.. G. A. Ander-
son.
Miss Clasa Beack.
Mrs. Carrie Carpenter
Mrs. +. NJ. Doane, Mr.. Leo f. Dorer.
Farmers Seed Store.
Miss Laura Haney, Mr.. Albert Han
son.
Walter Johnson.
Miss Marie Linnehan.
Mr.. L. Martin.
Mrs. A. b. Nakken.
Mr.. b. Oamevea. ;.
Miss Myrtle Rotett.
Miss Elsie Schneider, Grant Smith,
Mr.. A. E. Stevens.
Miss Mynnie Thayer.
Warddin and Son.
In calling tor the above letters please
say advertised" and name the day OF
this list. One cent extra win be charg.
ed for each advertised letter. Letters re.
naming unclaimed at the expiration Of
10 days from date win be sent to the
dead letter Office.
A. j. vEIGEL, Postmaster.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03
PLEASANT MOUND NEWS
FOX SAWMilL SOLD TO AUGUST
ScHWANKE.
Young Peoples Society of Christian
Endeavor.E Elects Officers: Re-
vivai Meetings on Sunday.

4. j. Sampson made a business trip
TO Mankato Saturday.
Mr.. and Mrs. II. Lee Look were
Mankato visitors Christmas week.
Burton Tyler spent Christmas with
relatives at Mankato.
Mrs. NJ. jenkins of Smith Mills is
visiting at the home of her daughter.
Mrs. c. c. Killmer.
Will and Ernest Fox, sold their
sawmill last week to August Schwan.
Ike OF Lewisville.
Mr. and Mrs. S. Doty of Amboy,
spent Christmas at the home of their
daughter Mrs. John Crook.
Mrs. Hattie Marks and daughter
Rachel, of Sun Prairie, Wis, have been
visiting at the home of Geo. R. Marks.
| Mr.. and Mrs. Frank Briggs and
daughter Bessie, spent Friday and
Saturday visiting at the home of Mrs.
Amy Briggs, of West Mankato
Miss Laura Day and her brother
Clark, were the guests of their brother
Floyd, at Mankato, Christmas week.
Owing to the needed repairs of the
furnace in the Kinney school house
there viii be two weeks vacation in
stead of one. Miss Kenward, teacher,
is spending the holidays with her rela
tives at Minnesota Lake.
Miss May Ables, teacher of the
Pleasant View school, spent her weeks
vacation at her home in Mankato.
Miss Myra Jacobs of Moose Lake.
who is attending school at Vernon
Center this winter was the guest of
Miss Laura Day Sunday.
The Young Peoples society of Chris
tian Endeavor held its annual election
of officers Sunday night. Those elected
were president, Miss Eva Briggs, vice
president, Miss Fern Wilder, secretary
Miss Donnie Briggs, recording secretary
Bert Iluffman; treasurer. Miss Laura
Day, organist, Miss Nellie Cook, choir
ister, Il. B. Tyler
Merritt Salisbury of Chyenne Wells,
Colorado, has been spending the holt
days with friends and relatives in
this locality. Mr.. Salisbury owns
several hundred acres of land in eastern
Colorado, and being fayorably impress
sed with the country, thinks it a very
good place to live.
Do not forget the review meetings
to be held at the Willow Creek church
nf 81 To
ings will be conducted by Geo. b.
Brown minister, with singing by the
local choir.
1t has been we'll advertised 500
hand bills having been attributed Let
every one attend and help make the
meetings a success.
Rev. Marsh, pastor of the Presby
terrain church of Amboy, is holding a
series of weekly Bible lessons, at the
Pleasant View school house. The study
for Thursday night will be the entire
third chapter of the book of Acts.
Great interest prevails during these
meetings and those desiring bible study
will be repaid for attending.
The Christmas tree exercises held AT
the Willow Creek Methodist church,
Tuesday evening We're very well at
tended, and the children rendered a
very pleasing program, after which
Santa Claus and his assistants were
very busy distributing presents. Among
the many gifts, was a handsome fur
overcoat for Rev. Irwin from his mem
bers and friends OF the church.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

The news is made public on what
appears to be reliable medical author
ity that curative anti-toxine for the
terrible disease of meningitis has been
discovered and put in successful OPP
Grafton. Official announcement OF
many cures as the results of the treat
ment is expected during the week. The
disease has heretofore been considered
well nigh incurable, ,defying the best
efforts of the most skillful physicians.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03
NOT A POPULAR IDEA.

Former President Grover Cleveland
would pension ex-presidents. So would
Senator Allison of Iowa. This is not
the first time that the suggestion OF
pensioning our ex-chief magistrates
has been brought to the front. How
ever, the idea never met with popu-
lar approval, and we doubt if the
people as whole will endorse any
movement in that direction at this
time. There is more reason for
pensioning ex-presidents than there Is
in retiring ex-senators and ex-repre.
sentatives, cabinet officers and other
high government functionaries on hall
pay, or what is more commonly called
pensions. The principle is all wrong
and should be frowned upon.
@There is sort of vague but none
the less imperative feeling abroad in
the land" writes Mr.. Cleveland, "that
one who has occupied the great office
of president holds in trust for his
fellow citizens a certain dignity which
in his conduct and manner of life
he is bound to protect against loss
or deterioration"
Then we are given to understand
that one who retires from the presi-
dency must not engage in any gainful
occupation for fear the dignity which
he holds in trust is likely to deterior-
ate. Stuff and nonsense! One of the
frequent beasts of this country is that
we pick our chief magistrates from
the ranks of the people. This being
i the case, the presidents on taking
their leave from the high office should
get back to the people, and neither
their own dignity nor that feposed in
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

w. w. ,Jermane wires The Mime
apolis Journal from Washington that
Minnesota is not regarded as Il sure
thing for Taft, and that the congress
men will set to work to bring their
districts into line. Our advice to the
congressman is this: Keep hands off.
The people are quite capable of de-
Gliding for themselves who they want
for president.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

Cleveland Plain Dealer: "Myl O.!
my" exclaimed Casey, but Garrigan
do love to hear himself talk, don't hep
AYE" replied Cassidy. "shure, il he
had the habit o. takin' in his sleep
he'd sit mp all night to listen an
applaud
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03
New Years Day at Postoffice.

The general delivery window will
be open from to 10 a. M, The city
carriers will make one delivery and
collection trip in the morning. The
rural carriers will not make their
trip. No money order or registry
business will be transacted Outgoing
mails dispatched as usual. A. J. Veigel,
postmaster.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

John Siler, six foot bridegroom
of one week, asked the overseer tc
let his bride stay at the Polk county
Iowa, poorfarm until he could carr
enough money to start housekeeping
The vigorous refusal he got decided
him to apply to the Salvation Army
WHERE he said, nobody is ever
turned away"
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03
ceoroe A. Pettibone III.

Boise, Ida, Dec. S1.-The Illness of
q. A. Pettibone has caused an adj
journment Of his trial. Pettibone be-
came violently III and was taken TO a
hospital. For time his condition
was. extremely critical. but much I'M
provement in his condition Is reported.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

The cold weather seems to have
largely sent the floating population
south, for there is scarcity of lodg-
ers at the city hall. No one stop.
ped there over Christmas.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

The report is current that Congress
man Tawney has selected Alex Brun-
din of Austin and Senator Campbell
to represent the First district at the
national republican convention. Who
will the people of that district select
to represent them at that great gath
Lering?
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03
We Ap pc a TO
Conservative
People

over half million readers are receiving their
information every month in regard to mining, oil
and plantation enterprises from our I6-paee illus
Subscription Soc .''0''
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

1t costs Uncle Sam $4,000 year
for witness and juror fees id the fed
eral courts in st. Paul. There are
many more dollars, paid out for like
purposes at other towns where the
court meets twice each year.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

The remains of the late NJ. Nj.
Kane were taken to Heron Lake to-
day. County Auditor Mcclellan oil
Jackson county accompanied them to
that place. II
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03
New Confectionery Store

Joseph Salem has rented the store
room on Grannis' corner, Front and
Cherry street, and viii open eonfec
tionery and fruit store.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

Edwin w. Bond of Worcester, Mass,
has silver dollar of the vintage of
1904. The coin is valued at $1,000
by collectors. There are but four of
them in existence.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

Harry Pratt Judson, president OF
Chicago University, puts up very
clever defense for his patron, John d.
Rockefeller.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

Booth Harrington has just aceumu-
lated material enough for another
realistic novel,
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

Japan wants peace. The little nation
can have it if she will hold her war
dogs in check.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

Mayor Busse has created surprise in
Chicago by revoking the license of a
|saloonkeeper who violated the law
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

1t is said that Governor johnson
is James j. Hills candidate for presi-
dent.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

The next legislature should drive
the cigarette ont of Minnesota.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

Northwestern newspapers are adj
vaneing their subscription price.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

The eity's road scraper was put to
use yesterday in clearing the CUTTERS
preparing for o. thaw.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

President Roosevelt seems to have
made the Sparks fly in Nevada.
The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1908-01-03

z Start the year right by subscribing
for The Free Press. 'sts n 80 es
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-03-17
ALL READY FOR
THE BIC TRAIL
HIGH SCHOOL STUDENTS
BUSY WITH PREPARATIONS
Entertainment Patterned After Fa-
nous Lewis and Clark Fair Attrac-
tion-Sreets OF Cairo, Baby Incu-
batOr, Dutch Village, Educated
Mule, Spielers, Slight Charge and
Everything But the Crafts VIII BE
Ready When Fair Opens Friday.

Friday evening is the date for the
great reproduction Of the Lewis and
Clark fair trail by the high school
students and the performance prom
ises to be far and away more inter-
esting than the original trail that led
down to Guilds lake. 1t will be held
in the high school assembly hall and
that place has already been so trans
formed that 1t bears no resemblance
to the dingy room wherein basketball
games were played not long ago. II
Referee Glow were to go there now
he would not know which way to call
foul, so bewildered would he be.
The Trail itself will commence at
the north entrance to the assembly
room and will lead southwark. At the
far end will be located the side show
concessions which have been secured
by Cress Sturgis and Jack Vincent.
Something of the nature of the things
to be seen therein may be learned
from the illustrations now on display
III StNGIdl VI lilG lOCdl WlluOW0s
On either side Of the Trail will be
ranged the Legitimate" features of
the exposition and they will all be OF
much merit. The streets OF Cairo"
will be located upon the right hand
side and will be managed by Harold
Warner, Lester Means and Hawley
Bean. The Baby Incubator" will also
be upon that side Of the street with
Glenn Storie and Eunice Vogel AMI
Hazel RAIDER In charge.
Among the attractions on the op-
posite side OF the street will be the
Dutch Village" and the Educated
Mule" The Dutch Village" will be
in the keeping Of Katzenjammer Tur-.
ner, late of the company l. extrava-
ganza troupe, and by Miss Gertrude
Jordan. The enlightened mule will
have quarters adjoining the above
establishment. Orville Reeves will
serve as the spieler with the assist
ance of Messrs. Gibson and Despair.
Competent spielers will also be on
duty in front Of the other concessions
on the trail so that patrons will have
but little difficulty in finding the diff
ferent points Of amusement
Contrary to the condition upon the
original Lewis and Clark trail, there
will be absolutely no grating in con-
nection with the high school per-
formance and there will be no
fakes" A slight charge will be made
al each concession for the purpose Of
meeting the salary lists and paying
rent But in each case the customer
wllf get the worth Of his money and
the management will have private de-
tectives upon duty to see that the
public is not imposed upon.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-03-17
JAPAN SUFFERS HARD TIMES.
Business Depression Follows Hoard
ing OF Money by Financiers.

ing of Money by Financiers.
Toxic, Mar. 17.-while denials
come from all sides that Japan is suf-
fering from a panic, there is no con-
cealing the fact that the financial
situation continues depressing. I'm
less improvement comes soon there
are evidences that conditions soon
will become serious in the extreme.
The business depression is more
acute in some other cities than 1t is
in Toxic, but this, of course, reflects
directly on affairs here. Business
men are becoming cautious and III
nanciers are beginning to hoard their
money and call in loans not protected
by gilt-edged securities.
In Osaka and Kobe several failures
of small banks and business houses
are reported. So far none of the
business collapses have been import
ant enough to have any marked eff
feet. But all have added to the feel
ing Of uneasiness.
The scarcity of money has, OF
course. had a depressing effect. In
this city conditions are better than
some of the smaller towns. There
are ugly rumors, however, that some
firms, which have been considered
weak ever since the war times, may
not be able to weather the storm.
Worst Of all, the outlook is far from
encouraging and no real improvement
Is hoped for for some time.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-03-17
NJ. E. RECEPTION PROGRAM.

Annual Meeting for Receiving New
Members TO Be Held Thursday
Evening.
The reception of the NJ. E. church
to the new members received during
the past year will be held at the
church on Thursday evening, March
10, in the main auditorium, beginning
promptly at o'clock.
The following program has been
prepared for the occasion:
Program.
Opening Anthem, "The House Of
the Lord" (Ashford) by choir.
Thornton. stringed orchestra, "The
Traumerei Reverie," by R. schuman
Op. IS.
Duet. Light. at Evening Time"
(Jerome) by Misses Parks.
Trombone solo, Mr.. Hayes.
A patriotic number by Pendleton
high school glee club.
Male quartette.
Chorus by Epworth League choir
"Sing On"
Thornton stringed orchestra, La
Serenata," by G. Braga.
Solo, Miss Ruppe, "Mizpah," Adam
Geibel.
Chorus by Junior League choir
Little Sunbeams."
Solo, Mrs. ]. S. Landers, "a Dream
of Paradise" Gray.
The Official board will be the re-
ception committee and the Ladies Aid
society is the entertainment commit
tee. Refreshments will follow the
program and a general social time
will be enjoyed All friends of the
church are invited to attend.
Over 200 new members have been
added to the NJ E. church since the
beginning of the year.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-03-17
INDIAN PONIES
FOR CALIFORNIA
SANTA BARBARA MAN
TELLS OF PONY FAD.
Carload OF UmatiIla Indian Ponies for
Fashionable Cities Of the Golden
State-Ponies Worth But s25 Here
Are Worth From 500 TO $3.50
When Trained as Single Drivers.

Wild pinto Indian ponies, with
shaggy name and luxuriant tail, and
with all the colors of the flag en-
blazoned on their hides are coming
to be fads in all the large cities, ac-
cording to A. S. Duncan Of Santa
Barbara. Cal, who is here for the
purpose Of buying a carload Of ponies
from the Umatilla Indians.
Mr.. Duncan says the Indian ponies
Weighing from 500 to 500 pounds and
having odd color marks are worth all
+he way from 800 to $3.50 each in Los
Angeles san Francisco. Berkeley and
other fashionable California cities,
when trained to work single. The
same ponies are worth but s25 to $50
per head here and the Indians are
glad to get that much for them.
He will remain in the county for
several weeks, selecting several pairs
of well matched, odd colored ponies
for his stables at Santa Barbara and
will perhaps ship more than car
load IL prices suit him.
He says that Indian ponies and
basket buggies. phaetons and carts
are becoming fads among the wealthy
classes and there is an enormous de-
mand for them.
On several large ranches in the vi
clnity OF Santa Barbara are herds OF
Indian mares where scientific breed
ing of spotted ponies is carried on, but
the demand for the ponies exceeds
the production and It is possible that
the number Of these brood mares will
be largely increased. On these
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-03-17

ranches the indian pony mares are be-
ing crossed with Shetland stations,
and a beautiful and active class Of
small horses is being produced.
AS the Shetlands are mostly all
solid colors this plan is not entirely
satisfactory, since the demand of the
trade is for a pinto, the more varia-
gated the colors the better the price.
Mr.. Duncan says that the pony and
cart is taking place of the bicycle,
largely, and is also supplanting the
auto. as a means OF amusement with
many wealthy families.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-03-17
"The Toymaker" Tomorrow.

"The Toymaker," a dainty, dane
ing, delightful comic opera, the story
of which concerns Johannus Guggen-
heimer Of Nuremberg, a maker Of
wonderful dolls, and his daughter
Elsa, who in order to marry the man
she loves is compelled to initiate an
automaton. The book of "The Toy
maker" is filled to the brim and
overflowlng with good, wholesome
humor and the music Is of the ear
tickling kind that sticks" to ones
memory.
Some Of the numbers that are par
ticularly adapted to the whistler's art
are, 1--WE are Workmen," with Care
less Eye" 81 Can Sing and-Dance
and-Talk and" 81 Love You Very
Dearly" "A Strange Girl" "A Jovial
Monk Am l." The musically educat-
ed will greatly appreciate IF Like To
Thee" will He Come Back" "Harkr
How the Bell Is Ringing" 80 Tim
i'd and Modest Am l."
"The Toymaker" will be presented
on Wednesday night with the full
strength of the San Francisco Opera
company, an organization whose
name is an absolute guarantee, and
on a scale OF magnificence. Every
property piece OF scenery, costume,
electrical and lighting effect used is
carried by the company. The finale
of the first act showing the toyshop
in full working order is one of the
most sensational effects ever placed
on any stake. The company which
numbers 40 acting people arrives from
Walla Walla tomorrow and will be
seen at the Oregon tomorrow even
ing.