davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1909-02-25
THE Will STREET FLURRT.

The cut in the prices of steel and the coincl-
dent tumble in Wall Street quotations are re
ceiving all sorts of interpretations Stand-pat-
ters warn the nation of the danger of reducing
the tariff Tariff uncertainty they say naS
caused the decline in steel and aHected all oIheI
forms Of business. The shrinking on the StoeA
Exchange portends, according TO them all sorIs
Of disasters If the Republican party persists III
the policy of common honesty in carrying out us
hedges of a tariff readiustment. We shall near
much of This from now on, and II the oloch
Exchange does not demonstrate at lhterVaiS
with marvellous timeliness TO suit the purpose0
of solemn adnlonition until the special session Is
over we shall be much surprised
OF course impending tariff changes 90 cause
degree of business hesitation. but the sic" re
cuneration in steel is sufficiently eXplalned Dy
the holding out Of consumers for ran III prioeS
that they regarded as inevitable. Ihls - Cie"I
from the fact that recovery In steel has not kept
yoca with recovery elsewhere. Bank c!earlhSs'
for example are about normal, being niue oelo"
those of two years ago. The importation Vi
o,,,de materials of manufacture. which stood at
S45 664 600 In December, 1906, fell TO sZo'Io'ooo
in December 1907, but was back al sfl l'l'o'oVo
last December The total cost OF bulldlhgs Io'
which nlops were filed in October, 1907, was
e[- 5o2 cog It fell 10 S29.S49, 500 in December
Of that year. going lower still in The Following
months but last October it had risen again 10
S1o 5e3 30 The freight cars handled by the
car service associations stood at 3,2l3,2Z6 III
October. 1907, fell to 1,9S4,459 in February l$Oo'
but last October were again up to 29'9'43o- STA
tistics like those indicate that the Improvement
of general business was much more complele
than that of steel whose production now Is "hiE
about 60 per cent of the normal
The prices of steel fell in response to long
nostDoned Difference TO economic law, ana the
nrice of steel shares which had been. unhatu-
rally. higher with a production at 90 per cent
than they were with the production normal
also acknowledged that economic law had not
been abrogated Other similar shrinkages on
the exchange may foreshadow an open marker
in other things besides steel. perhaps more
"open market in stocks themselves POhcles
which keep up stock market quotations may htip
in the sale of securities. but, to judge from the
experience of steel, do not expedite fundamental
business recovery Raising railroad rates In
neriod of depression. another financial novelty
of tbp same nature as the steel policy that mas
lust failed. may, for example, strengthen the
market for railroad bonds, desirable enough
end in itself if one looks further, but II can
not assist in the restoration of business. The
little rate war which the Boston & Maine has
started wears a normal aspect In times ike
these. Perhaps Wall Street is just now indi-
eating renewed respect for economic law.
New-York tribune., 1909-02-25
RESPONSIBILITY FOR THE BUDGET

4
The House of Representatives attacheo
Drovison he other day TO the sundry ci'h ap
nronriat,op bin which, if it becomes law, ought
10 have considerable effect in restraining eX-
travarance in national expenditures Its oS-
iact / 10 compel fuller cooperation between
congress and the executive departments In the
work of Dreparing the annual budget, ana 70
divide more fairly the responsibility LOT III
creases in appropriations. Hitherto there has
been a good deal of pulling in opposite drec-
tjons The executive departments have sun
mitted estimates of appropriations, but nave
not been very careful about cutting ther ue
mands TO fit the governments income. Eacii
departmen has sought TO get as liberal an al
lowance as possible. throwing on Congress the
burden of discounting some of its advertiser
needs. and transferring to Congress the blame
for any deterioration In service caused by mis-
taken cuts in the estimates. The departments
have looked to Congress to supply the funds.
and have not concerned themselves much ABOUT
| shortages in the revenues or ways ana means
of overcoming deficiencies
Tn 10 n few years ago heads of departments
and bureaus did not hesitate to spend more
than their annual allowances, running 10 CON
gross afterward for relief through deficiency
appropriations. These deficiencies used 10
mount as high as S2O000O00 to S30OOoOoo
year and the unauthorized creation of obliSa-
tions became such a scandal that Congress
passed a law forbiddng any department or bu
reau head TO anticipate his allowance or TO run
into debt except III a critical emergency one
source of extravaganza was thus closed bul
there has remained the tendency 10 ask lor
amounts greatly in excess of the government
prospective income and TO thrust on Congress
tbe duty of pairing down inflated estimates as
we'll rs the odium of reducing appropriations
in which various sections or services have been
interested
The House wants to have the Executive take
q larger share in the shaping of the budget ana
Tho balancing of income and outlay. Its idea
is that the Secretary of the Treasury, who re-
ceives and transmits the estimates 10 Congress,
shall compare the total of those estimates with
the probable revenues for the year which they
cover and make statement to the President
of the excess of expenditure indicated. The
President can then in his message to Con-
gress. either point out the cuts which can hA
made with least injury TO the public service, or
suggest new taxation to meet the prospective
deficiency. The executive departments would
thus be induced to take more direct interest
in governmental economy. They would not pre-
pare n budget. at present, with considera-
ton only for their own needs and ambitions
without a glance at the income sheet of the
establishment. They would have to measure
In advance the capacity of the Treasury TO pay
the larger drafts IL. and would have TO ac
cept joint responsibility for the imposition sf
new taxes. The plan of the House for relieving
the obvious embarrassments of the present sit
uation has much to commend il.
New-York tribune., 1909-02-25
@PRTTATE CAPITAL" AND SUBW4Ys.

The report of Mr.. BiOn J. Arnold, consulting
engineer Of the Public Service Commission who
has been studying the return on investment in
the existing subway, fully sUstains the position
OF The Tribune regarding the improbability of
inducing private capital" 10 build long sub
ways reaching from downtown Manhattan
into the outskirts of the city All of the pas
sengers from the upper parts Of the city are
carried in the present subway at a loss which
has 10 be made up from the profits OF the short
haul traffic. Indeed, according TO Mr.. Arnold's
figures, the express traffic in general in the
subway is handled at a loss. aud profits are
derived wholly from the local traffic If we are
10 trust for the transit development of the city
To- private capital alone must give ND the
f1tpa Of single fare from horoughs like The
Bronx ard Queens and the outlying parts of
Brooklyn. and with the single fare goes neces-
sarily the idea of relieving congestion of popu-
lsfion by means Of quick communication at a
low fare with the sections at present unbuiIt
with the use of the city's credit. which
means saving of abcut per cent interest on
bonded Indebtedness subways like the present
one. laid OUT intelligently 10 secure as much as
possible OF short hsul traffic, can be made TO
pay. as the present one does. Mr. Arnold thinks
that 10 render such subways constructed with
the use Of the city's credit surely profitable
they should also enjoy. Ike the present one.
freedom from taxation and the period for the
amortization Of their bonds should be extended
A pertinent suggestion. too. of Mr.. Arnold's is
that the sections of such city built subways
extending into the outlying districts should be-
paid for out Of assessments upon the property
benefited THIS. It seems 10 US is the most
ssnsible suggestion that has yet been made re-
garding the proper employment OF this proposed
method of paying in part for transit lines. If
the sections in outlying territory are thus paid
Cor, there viii he no interest charges or amorfi-
zation costs 10 he met upon them. and thus the
sabways as 4 whole wifi be more profitable
And siace The traffic from these distant parts
ls almost wholly Improbable. il is the moro nit
ring that the costs OF extending rapid transit 70
them should be borne by the property benefited
Mo-eoFer- the only property that is greatly en-
haneesi il value By tie opening of subway IS
New-York tribune., 1909-02-25
ANGLO-sAXON
SOLUTION OF WAR PROBLEM.
DR.. Mendes Suggests International Court Of
Arbitration and the Boycott.
To the Editor OF The Tribune

To the Editor OF The Tribune
Sir: What is true greatness?
The whole country is ringing with the echoes OF
the guns of the great American feet which has
concluded it's great world cruise for the great pur
pose of impressing cur greatness upon all nations.
great and small. How great II all is and how great
is the civilization which toierates, requires and
plauds such greatness!
After ALL it means the rule Of brute force 1t is
a denial OF peace earth, refutation of good
will TO all men. II slaps Christianity in the face.
1t insults Judaism.
The question is asked. Is this Christian country?
We have only point to the great American feet.
etc, to find And Jesus weptI'' II
this is Christianity what sane man or Christian %
wants it? It is ridiculous. unchristan. unjewish.
unmanly TO profess a religion OF love of God and
trust in Him, and follow It with hate OF man and
distrust of him.
The solution Of war, with its crime. and
cost is easter than believe May suggest
(a) A supreme International court OF arbitration
to which all international disputes. not may, but
must be taken.
Cb) The civilized nations to bind themselves to
boycott commercially. socially and in every way
any nation that does not bow to the decision of
that court.
(c) The court to be composed Of tursts of all ma
tons-preferably the senior judges OF their supreme
courts-who shall be subject TO no instructions
or limitations from their respective governments
New York, Feb. %. II. PEREIRA MENDES
New-York tribune., 1909-02-25

The visit of the woman suffraglsts ana anu
suffragists to Albany yesterday attracted more
attention than usual because the pubnclty
AGENTS of the suffragettes in London are just
now the most ingenious publicity agents III the
world and have fastened the eyes or every
body upon the suffrage movement. BESIDES
Sweden has Just granted women the right 20
vote and that raises the question whether
tendency in that direction has set in. Aside
from this adventitious interest, the proceed
ings at Albany were of no greater concern than
usual Nothing new in the way of argument
was brought forward by either side, which Is
not surprising when it is remembered how
MANY wears the debate has been going on with
out getting anywhere. The position Of the men
in the Legislature appears to be the historic
Dosition that they are ready to vote for woman
suffrage as soon as they are convinced that a
majority of women want It, Nor do we per
ceive that among women the cause has made
any distinct progress. Certainly not In ordi-
nary society is there found any evidence that
the greater activity of woman sufragists-
the behavior of the English suffragettes, for
example-correspond to or reflects what the
sex as a whole is thinking. The same tranquil
Indifference TO suffragists and anti-suffragists
alike that prevailed in times when agitation
was less ingenious and striking Is the ordinary
attitude.
A great many women say that as n matter
Of principle and justice they should have the
suffrage but that as a matter of practice they
are Indifferent TO il or would rather not have
it. And a great many men say that, as a mat
ter of principle and justice, woman should have
the suffrage but that, matter of Difference
TO the sex they will not give it TO her until she
wants it. If the brethren should ever make the
mistake of declaring that as a matter of prin-
ciple woman should not vote, that inherent
defects untitled her TO exercise that privilege.
that her entrance into politics would substitute
therein sentiment for sense. there might be Il
revolution in six months. But they don't. She
stoops to conquer? Well-whs1er it-sO does
he We see no signs that the long established
entente cordidIe in the oldest OF diplomatic re-
lations approaches fracture.
New-York tribune., 1909-02-25
ANOTHER COURTHOUSE SITE.

To the Editor OF The Tribune.
Sir: For very good and evident reasons the best
site for the proposed courthouse would be east of
Second avenue. closely adjacent to and just north
OF Delaney street. This would materially assist in
clearing out. lighting and cleaning up a congested
section. in whose dark and narrow thoroughfares
sunshine is practically unknown.
Should this plan be carried out office buildings
and modern apartment houses will speedily spring
up and supersede scores of od-fashioued. unsani-
tary tenement rookeries. which crowd this
densely settled district.
Certainly other place is as accessible or has
better transit facilities than the refer to- The
Second and Third avenue railroads. the Delancey
street bridge innumerable trolley lines and the
subway loop will afford ample travelling accommo-
dations to all whose duties will call them to ju-
dicial headquarters.
Once our municipal. authorities have financial
sources TO carry out the recommendations of the
Metropolitan Park Association and condemn for
park purposes the nearby block bounded by Or
cha-d Allen Stanton and Houston streets this
congested dirty unhealthy part of metropolis
viii be transformed into a clean and ornamental
busisess centre. SIpWELL s. RANDALL
New York Feb. g 1909.
New-York tribune., 1909-02-25
G4s-DRITEy SHIPS OF WAR.

A little less than two years ago Mr.. Nc
Kechnie one Of the technical experts associated
with the great firm of Vickers. Maxim &; Sons,
expressed the belief that the world would soon
see battleship propelled by gas power The
prediction encountered good deal of skepti-
cism. but is now In a fair way TO be fulfilled
On Tuesday of this week the keel of a big
cruiser to be named the Indefatigahle was laid
at the navy yard at Devonport and brief cable
dispatches report that she VIII be equipped with
internal combustion engines
The undertaking is the more remarkable be-
cause until recently no war vessel classed as
n battleship had engines developing more than
10000 or 1900 horsepower producing a speed
of more than IS or 10 knots. 1t is intended that
the Indefatgable shall have engines of Al 600
horsepower, and, except in the character of her
machinery, follow the model of the Indom-
table Invincible and Inf1exbe which RELY on
steam power. Although these vessels are
classed armOred cruisers, they embody in
an extreme degree the principles first applied
to the Dreadnought. The two or three already
in service are heavily armored. and their bat
teries consist of guns of n single calibre d9
inchesl Each of them mounts eight while the
Dreadnought carries ten The Indomitabe has
made long voyage at the rate of % knots
four more than the Dreadnought showed on
her trial trip The Invincible is said to have
exceeded an average Of 81 knots OH her ac.
eeptanee run. If the gas-driven IndefatigabIe
should merely comply with tie requirements of
the Admiralty and develop speed Of not more
than - knots, she would prove a marvellous
realization of Mr.. McKecLries forecast.
Those persons who doubled the feasibility
of propelling big ships with gas engines. how
ever, had good reasons for their attitude. Sev.
eral difficulties have beset the task of adantin,
the internal combustion motor to marine ser.
vice. One was TO manufacture the necessarv
gas from soft coal. That material is not onlv
much cheaper but also much more abundant
than hard ccal highly important consideration
whcp fuel is sought for a ship away from home.
As yct il IS uncertain whether this embarrass.
ment has been removed Experiments were
made last autumn by the British government
with a 50O-horsei,ower engine on the little old
cruiser ssttler. Ia many respects the test was
New-York tribune., 1909-02-25
AN INCREASED NAVY.
From The washington Star.
WE'VE GOT OUR MONEYS WORTH
a REAL MAINE WINTER

From The Kenaebec Journal -
-r,,t. ts a Good Old-fashiOned winter throus''Js 80
Maine and a glimpse OF conditions up IN Es
6sonnf,y is given by Phillips correSponces- - feet
-ttss s.phillips Is buried In snow drifts Ten
Sse, there being several OF this depth on ts ss5s
$3.50 4, front OF the stores. The country s--s
@ ; i.;rs "a hIs for the most part. and rlrai
delivery is uncertain in the extreme LnS S,ss u
SIaje,hs are about the only that have cOlr rTo
froT1 fine country districts for several DAYS MS
faef ~ snow fell in this weeks storm am az Sss
GIVEN the Iprnbcrmen nj least all they Wsn. +her
narrow gauge trains have been no later lnan ~ Al
.o,,,s~tf1s trains but the employees have ha1 1<ssf
they could attend TO 10 keep the TICKS c.s1 roos
a dozen trains are busy haullns ~ s----shers
- tte bi1 drifts that are now found every
I.ln bering and log hauling business wnes sSoosry =
fnrpOrtant at this season. IS now at tsukr - 81
standstilI and the od-woEktnS mills are - rhis
great disadvantage because OF sucn snoN.... -
weeks storm was by far the greatest OF -
son thus far
New-York tribune., 1909-02-25
IN WASHINGTON SOCIETY.

From The Tribune Burcau-l
Washington Feb. 24.-The Vice-President-elect
the guest Of honor at dinner given at the
Metropolitan Club tonight by Representative Fair
child. Among the thirty-fve guests were Senator
Depew, Speaker Cannon. Representatives j. van
Vechten Olcott, John w. Weeks, Richard Wayne
Parker James A Tawney, Edward B. Vreeland
and Serene E. Payne. Judge DueI. Gage E. Tar
BELL j. b. Russell. Lewis E. Pierson and Frank
W. Wolworth came from New York to be present.
Mr. and Mrs. Joseph Letter have Joined Mrs. l..
2. Letter her home -Du Pont Circle for
visit OF several weeks Colonel and Mrs. Colin
Campbell Mrs L. H. Letters sOn-in-aw and
daughter, will arrive here about March and will
also be her guests for several weeks Invitations
for a luncheon which Mrs. Letter to have
given In honor of Mrs. Roosevelt Saturday have
been recalled on account the mourning for the
Presidents nephew.
Mr.. and Mrs. Franklin Remington will be the
New-York tribune., 1909-02-25
Amusements.


ACADEMY OF MrsIc-s:I5-The Music Master
lsLHAMERA-2-s-Nsuc
ASIOfl-s. 1.-THE Man from Hone
BFtf-AsS.e .s0-1-he FighfinE Hope
EIJOIr-S IA Gentleman frtul Aisaisa4iP4
b. NgCY S-z-S-NHudeTflae-
F.Isos DIVA S.I5-A stubborn Ninocfsli-
CARNEGIE 4 EAIIl-S.S3- G0lcrsf-
CnSTS0-S.IE-H
5--S-H5-Ihe Gguec- q tiie --S----
-e-NaudeFi-is-
-rf=E.EftN-E-Saulso1-
Ds1y- -15-The Goddess % IeascH
EDEN MESEE-The World IN Wax .-
T.ssPIRE-S S.I5--Nhat Ever Ncsaan h.lo''s
CssIE,TT-s:Is,-The Travelling Salesman
4 aaRTFsS-s Is-Mary James Fa-
GArrII-K- -3a-The HatTlot
GERMAN s.15 -Zaza-
fTaf-f .3o-A woman Wy
EAMAERST 2.15S. .l5k al1et =, 81. Sses
-Raiet of BrdlHnd-
Third De5Tee
F(NTC-EFRHt EzE-fl-s .i5-The Far No-L-E-
IJRE<RTY-s-lS-ksssa- y
LYCEE-M--@- l5-o 2H--l .e La"1 u q -
IYRICs-s:lS-The Blue Mouse
Ms.iSF Fl IIOE-T~ -36This Worna. ena ms '4@
aez-TIs(,T1C1I \ OPERA EOJSE-S--ll IfoNs'o-o-
XIV ENrTFRn Ans S:lo-.>itty Grey.
KEW YDRK-S -lO-Niss lriloce'i-s
SAVOY .S0-S2e-The Battie
%T-S-to-The t-aslest h,ees-..,-
NAIL -sr1[. .S-s :15-The New LADY haI'ocA-
xyF-pF-R' G-s:I5-The Cir ftcn Rector :
-TFSST FsSr-S:I5-The Cha3toon
New-York tribune., 1909-02-25
U. s. FOR THE WHITE RACE.
Suggestion Of Senator Newlands for Legisla-
tion After Japanese Agreement Expires.


To the Editor of The Tribune.
Sir: II is much to be doubted whether any one
less forceful and determined than Mr.. Roosevelt,
though backed up by all the prestige Of the Presi-
Dental office could have checked the anti-Japanese
agitation in California. which has peril
ousy consumnlation. BY unremittng and
strenuous efforts he has succeeded in doing it, and
any immediate crisis has been averted. 1t is well,
however to look fact in the face that il is only
a temporary settlement which has been effected
and that the identical situation will again present
Itself unless measure arording permanent re-
lief is devised
Senator NewIands, whose state has been even
more difficult restrain than California has made
a suggestion which seems practical and promising
He would insist on the scruplous observance OF the
treaty until it's expiration. about two years from
now He would then establish by legislation and
declare to the world the doctrine that this country
is for the white race. and that further influx Of
black brown or yellow races will be permitted
They may come for purposes of travel, education
and business but not settle down as permanent
residents or 20 become citizens
Mr. Newands fully recognizes the admirable
qualities of the Japanese and does not regard the
action suggested in any way incompatible with
the friendiest relations with them II the positions
we're reversed and they IN danger Of being
swamped or of having perious problem thrust on
them by white immigration. thex would undoubted-
ly promptly prohibit it.
Washington, Feb. 20 1899. ANGLO-SA8ON
New-York tribune., 1909-02-25
THE DIPLOMATIC CORPS.
IFrom The. Tribune Bureau

. From The Tribune Bureau
Washington, Feb. A-Sehor F. l. de la Barrap
the Mexican Ambassador. who succeeds Senor
Creel arrived here this afternoon, and will pre-
sent his credentials and his duties in
few days. This is his first Office as ambassador
he having just from Brussels, where ne
served his country minister. He has been IN
the service for seven years. Seiora de la Barra IS
still abroad with her two children. boys of nine
and eleven years. and they will not come to Wash
ington for some time.
The Hon. Ronald Lindsay, attached to the Brit-
ish diplomats bureau in London. has arrived here
for visit with his hancee Miss Martha Cameron
The engagement Of Miss Cameron and Mr. Lind
say. who is the son of the Earl OF Crawford was
announced some time ago. but no date has yet
been set for the marriage.
Lieutenant D. III. c. Benoist dAzy has been
gazetted naval attache Of the French Embassy
here.
New-York tribune., 1909-02-25

satisfactory. but Engineering" high class
English weekly, reported that the gas was oD-
tanned from anthracite. England might Ieei
that she could afford to pay whatever was
necessary for hard coal for military purposes,
bnt might prefer to use II only in limited guam
titles: Oil is employed as fuel on. small YES
sells like destroyers and few big ones are
equipped so that they can burn liquid fuel IN
emergencies; but to adopt 1t on all war vesseiS
would involve an almost prohibitive expense.
Perhaps the same objection will apply TO the
introduction of gas power on a large scale IN
the worlds navies until the explosive vapor
supplied by softs coel can be used without
trouble