The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1909-03-26
Subscription. $3.50 a year.
Commissioner Dokken of the de-

Subscription, $3.50 year.
Commissioner Dokken of the de-
partment of school and public lands,
says in his last report that on the
Goth of last June the state had a
permanent school endowment fund
OF $5,2O7,992. He points out that
the state has 1,S53,710 acres of UNI
sold school lands, and the commits
sioner estimates that when all the
lands are sold the total Of the school
fund will be one hundred millions
Of dollars. OF course he has this
too high, for to attain this figure 1t
would be necessary to sell the land
at the average of $50 per acre. a
total of forty million dollars could
however, be easily attained, and this
would mean in the end, total an
nual income to the schools Of two
million dollars, before penny was
raised for direct taxation. The
school fund is a handsome thing for
the state, and SO far it has been
udHultu WISELY tuu well.
Consul ]. N. McCunn, OF Glasgow,
furnishes he following information
concerning the waste coal consump-
ton and the prevention of smoke and
dust, as recently presented to his
associates by the Chairman of the
Glasgow and West of Scotland Tech
knowledge on these subjects showed
that in most cases smoke and dust
were quite unnecessary concomitants
OF industry. Investigations Of the
recent royal commission on coal sup
plies have shown that the present in
efficient consumption OF coal In Great
Britain leads to a waste Of from 49,
100000 to 10000 600 tons per an
mum and Is responsible for the great
er proportion of smoke and dust
from which they suffer. Thirty per
cent of the total British consump-
ton of coal might be saved by en-
ploying the best known means for
such purpose.
In these days of gastronomic sur
prises how about seaweed? The in
habitants OF islands in the Pacific
ocean, as we'll as the Chinese and
Japanese, have eaten seaweed for
many centuries; why, asks the Bos,
ton Herald shouldn't the rest Of civ.
ilization try to ward off starvation
,,,{kl, <Iot av,.11ont Food Mo orr
told that the Orientals go out ir
boats and with long poles, to which
stout hooks are attached, tear the
seaweed from the submerged rocks
On the shore the seaweed is spread
out to dry, boiled in factories and
shredded for food, like iceland moss
A writer says II the gourmet did MOI
regard the cheap food as the mos
desirable he would insist on his disf
OF seaweed. But rich and poor scorr
the cheap food, however much the.
growl at the expense OF living. A:
there ds nothing new under the SUI
some one will undoubtedly rise ant
say we are even now eating prepared
seaweed only under different name
The report Of tRe state treasure,
of the condition of the treasury OF
the last day of February showed
that there was in the general funt
on that date $24,S07. In the twin,
plant fund there was $293,466; ant
in the capitol building fund $29,320
While 1t does not appear upon tn
report, that there are now outstand
ing practically three quarters of {
million Of general fund warrants
beside the $25O,0O0 of emergenc.
warrants which must be met within
few days. The state finance boar
Is In the market with a large blocl
Of emergency warrants, which the.
bellows they can float at four pc
contemplating to put out half |
million of this class Of securities
This with the collection Of the Marcl
call Of taxes, is expected to shape VI
the state finances for the presen
and practically wipe out the sever
per cent warrants as well as refunt
the present emergency warrants
With the appropriations of the jus
ended session and the outstanding
debt, It is going to take some goot
financing to save the state heay,
Interest charge for the next two
years. but by the proper financial
judgment the state can pull out IL
far different shape at the end of two
years than dt was at the beginning OF
this year, but 1t is going to take -four
mill levies for both years to do this
.-3--
DR.. Clearance w. Wassam in re-
cent study Of the salary loan bust
ness In New York City. tells the
story O. clerk who, during period
Of sickness In his family, borrowed
twenty-four dollars. Further Dor
rowing, renewals, Interest and coll
lection fees dragged him deeper. un-
til within two years what he had
paid out and what he still owed in
return for i hundred and fifty dol
lara amounted to eight hundred dol
lars. The aloan shark allures his
victims by crafty advertisements. His
capital ds little and his profits are
great. and his losses are slight be-
cause Of the honest or hmidity Of an
50 NM