The Fargo forum and daily republican., 1909-08-19

New York, Aug. 1.-THE first in
stallment of the countrv's greatest
crop. far exceeding the corn crop In
wealth which 1t represents, are now
arriving at this port, In other words.
New York's fall influx Of millionaires
returning from European vacations is
once more under way, and Wall street
which has been comparatively quiet
during the last three months win
shortly begin once more to resound
with the noise Of great financial trans
actions. Within the next six weeks it
is estimated men representing not less
than ten billions of dollars of invest
ments and personal fortunes will ar
rive here, a sum more than five times
greater than the value of the corn
crop and even approximating the an
nual total value OF the farm products
OF the whole country. Practically
every returning millionaire so far has
stepped ashore with a cordial smile,
condition OF affairs very different
from that OF last year, and more par
ticularly the year before, when such
persons OF great wealth who were
able to go abroad for the summer re-
turned with the glummest counte-
nances. The reason for the cheerful
ness on the part OF the monied men Is
not far to seek. AS a rule they are
pleased with the tariff bill, and re-
member with pleasurable comparison
the situation Of two and three years
ago when in the former case the panic
had turned everything upside down,
previous to which in the preceding
year President Roosevelt's activities
kept them in constant state of fear.
This year, however, everything seems
to be going to their satisfaction with
such smoothness that about the only
question troubling them is the extent
to which the present wave of prosper
ity will carry them.
For at least one week during the
latter part of next month, the United
States will have a city not only great
er In population than any which has
ever existed but one which In the
total number OF It's inhabitants will
exceed the combined population OF the
four largest cities on earth. It is now
estimated that the number OF people
in New York during the latter hal4
of September will exceed 10000. 600
all OF whom with the exception OF
the regular inhabitants will be at
| tracted by the celebration OF the 3c0tll
anniversary of the discovery of the
Hudson river, and the Tooth anniver-
sary of the invention or the first
steamboat by Robert Fulton. Not
only will the city have the largest
municipal population ever known but
curiously enough 1t will also honor
the memory OF Henry Hudson, after
whom its famous river Is named, in a
curtously striking manner. Hudson,
according to historical records, ia
supposed to have starved to death in
an open boat in Hudson bay. Yet the
most striking feature In connection
with the celebration held in his
memory will be the greatest banquet
ever held in a permanent structure
at which 5000 guests win eat In
memory OF the man who starved. The
banqueE, which is to be held In the
Hotel Asuor on Sept. 20. will be re-
markalble in many ways. It will
mark the opening of the new grand
ballroom, the largest room OF its kind
n the country, covering $4,000 square
feet or more than half an acre. and
three stories In hei. MT Fifteen hun
dred couples. IT is estimated. win be
able 20 dance in comfort in this room
which marks as great an accomplish
ment In its line as did the achieve
ments of Hudson and Fulton IN theirs
Air,ship competitions and iIIumina :
tions Of a magnitude never beNort
dreamed OF are only two features OF
the week which may vet be made a
municipal holiday. More than $780,
100000, 1t is estimated, will be spent
during the celebration, and Father
Knickerbocker will not only have
| achieved the record OF having quad