Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1914-12-17
RESUME OF IMPORTANT
NEWS EVENTS OF WEEK

The campaign in Poland has held
the center of attention this week. The
Germans, after having been virtually
nemmed in by the Russian armies were
to u their way out Of the en-
clrcilng Gordon because Of the delayed
arrival of a detachment of Russian
troops to again assume the offensive.
me Germans report the capture of
10000 prisoners. They also lost a large
number of prisoners and men killed
n wounded. The Russians are with
standing the German assaults and are
investing Cracow. They have pushed
the Austrians back against the Carpa-
thians.
There has been no important devel-
in the western theater of wal
nor in the fields where the Turks are
engaged. The Austrians have aiken
Belgrade and Servia is almost re-
duced. The French and English are
reported to be sending a relief expedi-
ton to aid the Serbs and Montenegrins.
Optimism continued to be discussed
n felt in the United States through
out the past week. Reports. both Of
a general n of a detailed nature, pre-
saying great prosperity for the United
States as a result OF the European war
have found their ways into the news
OF every newspaper of the
ountr A prediction by Edward E.
Pratt. chief of the department of for
eign n domestic commerce, that the
war would nave the effect of increasing
the foreign trade of the United States
$500,000,o0 yearly was made after
exhaustive research by the department..
opening of the New York stock
exchange found bonds easy, but far
from panicky. Trading has been light,
dication to unload by holders. The
November export figures will show a
balance in trade in favor of the United
States OF 500 900, 900. according to
Secretary Redfield.
That the business interests OF the
are not only recovering from
the effect OF the shock, which natural
~ followed the start of the amazing
embroglio in Europe, but are by way
of profiting vastly by reason of the
war Is a statement, vouched for by the
most astute financiers in public life.
The south Is nearing normal condi-
ton. Reports from the cotton states
indicate not more than 20 per cent of
the $150, 900, 900 cotton pool, raised by
bankers OF the country, will be util-
lied by the cotton interests.
Many members Of congress, including
southern members. who fought for gov
VA AAAiVAAS SSINOAA SAAC III u se SIIO1lk
" rural credits legislation at the COM
ing session Of congress.
The government arbitration board.
sitting In Chicago. heard a number OF
witnesses In h week IN the dispute
between SO western railroads and $1,000
enginemen on wages and working con-
ditions.
Progressive party leaders from 80
states gathered at the executive COM
mittee meeting in Chicago and en-
iphattcally denied all rumors that the
party may amalgamate with either OF
the older parties.
General Villa and Provisional Pres
ident Gutierrez. Of Mexico, are now In
Mexico City. and, according to press
dispatches. the capital Is In a calm
state. General Carranza Is still in the
south. Fighting at Naco, Sonora, con-
tinues unabated. and reports Of In
across the boundary ine are received
almost daily at Washington.
The governing board Of the Pam
union, embracing FL Ameri-
republics. will consider proposals
70 create a neutral zone In the western
hemisphere. to be held free from bel-
ligerent operations Of warning powers
Europe. The board meets Tuesday.
Uruguay. Chile and Ecua-
dor, all OF which countries have COM
planned OF violatiQnS OF their neutral
tty by foreign warships. will urge that
steps be taken to restrict Europe'a war
10 the eastern ahsnisrhere. Protests
against American shipments 70 neu-
BritishMwarshina caused conferences
between SIR Cacif Snrin0.Rice. English