The Montgomery advertiser., 1909-01-24
CENTENARY
 OF DARWIN 10 Found Chair in Honor
 of Scientist. HE WAS BORN IN 1898 English Capital Is Leaving the
 Country. szsssr rassstry |. England Hss En- serfeaess Crest siump--Loa- . aea's u.erpleyea are Numbered sy The
 Theusanas.
 
BY W. HAMILTON RHODES.

BY ". HAMILTON PHODEs.
 London. Jan 2s--Remembering how Remarkably fertile in men of genius twas the year 1909, 1t is not surprising
 Go learn that preparations are on foot
 for an exceptionally large number of
 scentenary" celebrations this year. Of
 the celebrities who. if they had lived,
 gwould complete their hundredth year
 within the next twelve months are
 Included such names as Gladstone,
 Lincoln. Mendelssohn, Darwin Tenny-
 son, Edgar Allan Poe, Fitzgerald
 Oliver Wendell Holmes, and Kinglake
 10 say nothing of a host of lesser
 lights. Already Cambridge University
 has decided to honor the centenary of
 Darwin's birth by establishing q Chair
 of Biology specially to the study of the
 thousand subjects with which Darwin
 was particularly identified, and steps
 are also being taken to commemorate
 the connection of Tennyson with the
 came University, the proposal most
 Favored at present being the erection
 of . statue of the poet In London. The
 anniversary of Gladstone's birth not occurring until the last week of the pear. no plans have as yet been made
 nor the holding of celebrations, but Before long various Liberal political Isocteties are expected to be engaged in organizing some fitting ceremonies.
 As to Appendieitis.
 The Lancet" publishes paper re-
 nentiy ready by Dr. o. B. Keetley,
 Eenior Surgeon to the West London
 Hospital. before the Royal Society of &1edfcine which is certain to excite a bConsiderable amount of attention a. kmopg members of the profession. It Hs nothing less than a condemnation of
 the practice pursued in recent years of
 Eemoving the appendix In cases of ap- HEaa Tts.ta L. Iauthority of Sir Wm.5 MacEswan and Professor Metchnfkoff. the eminent kbiologist to prove that the appendix Hs not the useless organ 1t has been been represented to be- aud he claims kthat the dangerous character Of ap- nendtcftis can be almost. If not entirely, leiimiHsfed and the useeuiliess Of tsse organ preserved if instead Of the apN 'lDendix being removd 1t Is tFansplanted Rnd embedded m the abdominal wan. 1n support of hiA suggestion pr. Kett- 1ey gives instances In which the treat suent has met with entfre success,
 The exodus of capital from the United JKingdofn is a phenomenon the existence Of which can no longer be disputed. The proof of it is supplied by statistics, pemi.ofncial, including the movements of wealth, by the prices of British securities. which have been steadily falling for a long period, by the opin- ion of hlanciers of experience and ptock-brokers, who know the trend of opinion among the investors and by such symptoms as the want of employ ment which is a priori" to be expect ed In a state where capital is moving abroad. fIteis the scale of the move- ment that is disQuieting to the British business community. A gradual and steady investment abroad on a moaerata scale Is 2 feature in all highly civilized communities. The foreign investments of Germany are estimated by offictal | authorities at $7.500. 900, 600. though | this figure is probably largely in ex- 1 cess of the truth. The foreign invest l ments of France are certainly in ex- | cess of $7.000s00 ,00O, the figure given | by M. Thery. The investments of the | United Kingdom are probably over | &s, ,oO0, 100000. The best evidence as to | the movement of British capital is | contained in the figures published by | fhe Inland Revenue authorities, which | chow every year the amount of income | Eeturnedr that is derived from Colonial | or foreign Investments There are | two important defects is this series of I figures. which runs from 1888 to 1907; | that a certain amount of capital owned by foreigners is included, and that the ktatistics are not exhaustive. Stiil, such as they are, they are very significant. They prove that in the twenty-A Ave years from 1885 to 1907 the British in- pQme derived from foreign or Colonial investments has risen from S159, ,450, 900 to S3sT,s55,000. If the rate of interest on British capital thus invested abroad Is about five per cent, which Is probably near the truth. there win be S100 of foreign investments for each s5 of in. come, and British investments aboard some proportion owned by | aliens, have risen from 33, .000, 900 to about Ss.00o 0o0,0 ,000 or at the annual rate of nearly s20o.0OO,oOO.
 Went of Capital.
 Meanwhile the industries of the United Kingdom are being starved for want of capital The stoclSbroker will tell the inquirer that the inventor in this country is more and more giving the order No British securities," and that is becoming diflcult to float loans for British enterprises, while millions are being placed in Argentine, in Canadian. and in American investments The feeble demand for British securities 4 Is an explanation of the low price at which so many of them stand. The high income tax and the possibility that 1t will be further raised Is an ad- dftional deterrent to investment in England. Finally. there are economic to be taken into account Under Free Trade every British industry Is in- secure. and what the capitalist seeks Is security.
 Derellet humanity is undergoing its severest pangs in London just now : and anyone who wishes to catch "a Z glimpse of It's experiences has but to , visit one of the Salvation Army re- i lief centres in London. The Mems l Shelter at Blackfriars. the Soup KItch- I on at MIllbahk, the Labor Bureau at i any of these win poign- C ant tragedies of unemployment and1 { 
 our oficers who are constantly in touch with the poor, find" said Col- onel Kitchen, ''that there Is more un- t employment than ever among them. ! The greatest number of these are un- 2 skilled laborers but there are also large numbers of skilled men out of work. Their position Is pitfable in weather ' ' like this, for very many of them, both f men and women. are not only without p work or money, but without home. r At the present moment the Salvation Army IS housing nearly 5000 men in c It's shelters every night. Some of the C nen come only for a night, but # they If cave in the morning their places are | immediately taken. Others come night D