Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1915-01-28
Important Events IN Sweden,
Norway and Denmark.
BRIEFS FROM OLD COUNTRY
Interesting ltems Eron TIRE Three
Crest Kingdoms u shs North So.
lecsed Tor seandlnsvEana ard
Their Descendants.
ny MARTIN VI oDLANn.

III &h@ 01SnnaitiOm 1H De fnaNA on EaN
money The donors did not presume
70 instruct the government OF Norway
what ID do with the fund, deeming II
best to leave that 10 the mother coun
try. News Of the plan agreed upon
has just boen sent from Norway and
Ii aa fOliows The plan drawn MP hy
the committee ia charge of the fund,
which viii Be submitted 10 The slor.
thing for approval. cnntemplasea the &c
tanlishmant of the MindeRaYa An
permanent and independent fund, The
income OF the send shall be added 60
the present principal Of a4h. 0D0 kroner.
until Il has reached 4 total Of 900 900
kroner Thereafter 30 psr cent of the
annual income will Sc added II the
principal until the sufn Of 100000
kroner has been reached, after which
10 per cent of the income will be add
ed annually 10 the fund 0lsts and
IeEaeies will also be rereived
The annual revenue from tho fund
which III not added 10 the principal
will be nsed for the alienation of want
and suffering caused by disasters where
the skate, The commune, and pablo lns1
situations. and the general public are
not Iii position III render aid. Aid Will
also be given special phslanfhropic en-.
terpFises. The fund will ba ndninta
tered biz d board of hve members, chu.
sen from nmunn the members Or the
atorthina The hoard win employ
secretary. who win also act as treas.
urer and hooikeeper
a big power plant will be put iii 81
gauda falls and the capital will bs fur.
nishad by Americans. Tho power will
be sold III an American carbide manu-.
featuring company. The development
company, says correspondent. must
consist exolasively of Norwegian citi.
serH. according To the government r..
unirementa. but the capital will be fur
niBhed By the American company
which leases the power The eonces.
sion Ii for Il period Oh 6s years and the
government reserves the right ID buy
the property liz the end Of 40 years
The rental 10 the state will DO halg Il
krone per horsepower per year she
first ten years. three-fourths krone the
next five years. and one krone per year
for the rest of this period As III is
Estimated that 10000 horsepower may
be developed at the fills. the govern.
meat Will receive very substantial
income In the course Of time T'he
American company which ii back Of
the enterprise Iii the Electric Furnace
Products company. limited, i concern
aailiated with the Union Carbide com
pany oF New York This company has
contract with the developing cons
pany TO furnish $4,000 horsepower. OF
which 10000 Ii to be furnished within
four years. IL Ii estimated that the
output or tho carbide company will
eventually b. 10000 to 10000 tons an.
nually As II Ii assumed that most of
the product will be shipped 70 Amer.
lea, II Will probably make stayangar
one Of the largest export ports Of Nor.
way TO America
There was recently held b meeting
or government officials, representa-.
tiyes Of agricultural associations and
OF the commercial circles of Norway
To consider the supply Dir grain Tor the
people os Norway. 1t was agreed that
Norway Ii at present dependent upon
foreign countries for an adequate sup.
ply on grain and II was further agreed
that Norway ought To be made more
Independent by producing more, and
this WIS forcibiy called TO the atten
ton Of the farmers OF the country III
was further agreed that for the pres
ens every effort must be put forth To
import from abroad the grain needed
and that adequate storehouges must
be provided 10 receive IT
The commercial circles OF Norway
were greatly interested In two import
ant announcements touching the sug.
ar trade. The first was the announce
ment that Germany Ii about to stop
aII export Of sugar to foreign couil,
tries. whether neutral or beliigerent:
the second was the report that The
government or Norway Is contemplate
Ing the establishing Of q state nonop-
oily In the sugar trade. PriIne Minis
ter Gunnar Knudson has for some time
favored the establishing BIT state mon
opolIes In those branches of trade or
business which can be made TO yield
i revenue and which viii be tn the sn.
tsrest Of the people generally
"A ChFistiania news report says that
the government has prohibited the ex
portation from Norway on all ARTIFICIAL
fertilizers. except raw and puIverized
fertiIixEng Iine. The step was taken
under the authorization of the law ID.
acted III the special session of the
storthing shortly after the outbreak
Of the war last fail
Tha Nobel COMMITTEES has decided
not 10 award the peace prize for 1914
and that no decision has been reaehed
regssdfng 1918.