The Catholic bulletin. [volume] (St. Paul, Minn.) 1911-1995, 1911-02-25
Secular News Of the Week.

>0SCu16T NEWS VI the week.
There are 100000 acres of timber
land in Idaho and this comprises it's
chief sources of wealth. Practically all
of the timber is located in the Pan
Handle, which contains the largest
body of standing white pine in the
world. In the great river basin drain
ed by the Kootenai river and it's tribu-
taries there are over 5000 square
miles of virgin forest of pine, lamar
ack, fir, cedar and spruce.
The Government of Guatemala has
negotiated loan of $3O,O0O,0OO from
American financiers. Don Francisco
Sanchez-Latour, charge d. affaires of the
Guatemalen legation, left Washington
D. c., on February 18th, for his native
country. Senior Francisco Sanchez
Latour holds the Office of national
treasurer and was summoned home by
his government to take charge of the
details of the projected loan.
The Cuban republic has given to an
American company, organized under
the laws of Cuba as "Compania de
Puertos de Cuba,' the concession of
dredging and improving the harbors
of Havana, Cienfuegos, Cardenos, Ma
tanzas, Esperanto, San Fernando de
Nurvitos, and Guantanamo. The con-
cession will run for thirty years and
the company is to receive by way of
compensation eighty cents for each ton
of merchandise imported from the
United States and one dollar per ton
from other countries, and for each ton
of coal ten cents.
The Chinese have angered the Car
and it is announced that Russian
troops are soon to move in Northern
Mongolia and will occupy the, town of
Uliassutai. Russia's chief complaint
is China's alleged violation of the
treaty of 1881 by hindering Russian
merchants from selling tea within the
Chinese frontiers and refusing to adj
nit Russian Consuls to certain cities.
China repudiates Russia's contentious
regarding the treaty of 1881 and claims
she is acting strictly in accordance
with it's stipulations. She earnestly
desires peace, but complains that Rus
sia's actions in Mongolia imply that
she has designs on the integrity of
Chinese territory.
The eastman distance tariff bill,
which has been the cause of the most
bitter fight since the opening of this
session of the legislature, was made a
special order of business on Friday,
February oath.
The pending bill provides that the
! lowest rate made by any railroad
company, upon any class of freight for
a given distance, shall be the measure
quantity of freight of the same char.
acter similar distance in the same
direction upon any other portion OF
it's line, and it shall not be sufficient
excuse that the rate in question was
made to meet the competition of an
other line
With assessed value as a basis the
value of all property in Minnesota is
now over one billion dollars. Land
values have increased rapidly during
the past forty years, as is shown by
the fact that in 1870 the assessed value
of Minnesota land was $4.39 per acre
while in 1910 it had increased to
$15.28 per acre. The total taxes levied
last year was $33,373,921, an increase
of $3,000,000 over the preceding year
The silver trophy cup presented by
the Northern Pacific Railway Company
at the State Dairymen's Convention
held at Jamestown was awarded to the
creamery at Steele, N. D. There were
twenty-eight contestants. This is the
butter prize offered by a railway com
pany in North Dakota.
(. Cecil Grenfell, London banker ane
member of the British Parliament, ha.
resigned his seat to become chairman
of the board of directors of the South
ern Steel and Iron Company, and viii
soon remove to Gadsden, Alabama, t,
! take active charge of the company
affairs.
A consignment of whey butter, new
tangled farm product being turned on
! by several factories in Wisconsin, wal
| seized by internal revenue agents ii
Chicago last week. The Internal Rev
enue Department declare it to be i'm
J imitation butter and as such, subjec
} to tax under the terms of the anti
oleomargarine act. The makers dis
[pute this contention and complaint ha
! been lodged against the agents at tn