davidaulloa/AmericanStories huggingface dataset:
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06
Is Prosperity Realy in Sight?

BY ROGER w. BABSON
President, Babson Statistical Organization.

In the first Month Of this year all
business meY OF the United States
were Of Blush cast Of mind and
could see Nothing better ahead. The
last wseks OF April saw a decided
change in sentiment due to increased
orders, and the stock market was
booming. With apparent suddenness
fall conditions have changed--but, IN
truth, the change has not been as sud
den as it appeared. Conditions have
slowly but steadily been improving
since the middle of 1914, in spite OF
the setback caused by the outbreak
OF the European war.
n, Wall street operators have nearly
always been ahead of the general pub
lie in forecasting depression or a
period Of prosperity; but this year
the public seems to have gotten ahead
of Wall street. Not until business i'm
provement was considerably under
way did Wall street spectators wake
up to the fact that better days We're
here. Moreover. this return to pros
perity is not caused by war orders.
Although these war orders are spec
tacular, yet in the aggregate they are
only drop in the bucket compared
with the orders which we would re-
receive from Europe in peaceful times.
1t Is true that the war has suddenly
thrown us into the forefront as the
only nation having an available supply
of money to loan and an available
supply ohfoodstuffs, metals, ETC., to
sell. Therefore, the chief factors un-
DERIVING this improvement are our
enormous crops and other natural re-
sources ;also the fact that in the bust
ness world liquidation and economy
has been the program for nearly two
years. Although failures are unfor-
}tunate for individuals, yet they have
this time been good for the country
as a whole, because many of the in
NNlAClCuLs COACCl nave USSu cllAllAdI-
ed, and the country as a whole is pre-
PARED for revival, regardless of war.
THE stimulation due to war would
have been calamity to this country
il the war had come in 1872. before
we had been through the Christening
period OF economy. We should have
then| had to pay dearly later on, for
the wild over-expansion which would
have followed at that time. Even as it
is at present, there may be some reac-
ton frdm approaching apparent period
Of prosperity, because we will some
day have to help pay for the war The
money which we are furnishing to re-
place the fearful waste of war, and
the money which we must furnish
to repair. the destruction of war, will
draw on our surplus heavily. This
downright 1918 by M
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06
HILLseoRo.

The 1. o. o. F. lodge here celebrated
the 96th anniversary Monday at the
hall with program and social evening
after which banquet was held at the
Blue Grass restaurant. The members OF
the Rebekah lodge and the widows OF
deceased /. o. O. F. were especially in
yited guests.
John Tatman returned home Satur-
day for a short visit with his mother.
The r. ". A. initiated three new
members in their lodge Tuesday even
ing.
Mrs. Lib Monkey has purchased the
White property and will move there as
soon as the house IL repaired.
I Mrs. Alice Wilson and baby were
in Ottumwa Tuesday.
Mr.. and Mrs. j. F. Butler and Mrs
II. H. Wright were called to Morning
sun a few days ago by the very serious
Illness OF their mother.
Miss Maggie Thornton entertained
the members Of her Sunday schoo
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06

will make money less available for
commercial purposes in the United
States. We, therefore, may be due for
Ia long period of scarce money and
high interest ratesc
Yet steady and gradual uplift in
business conditions this fall may be
expected, regardless OF war. Next
winter may even seem like the good
old fashioned times to the manufac.
turers and workers. OF course If the
war should end during 1915, as many
are inclined to believe it will. condi.
tons would then boom and the year
1916 would undoubtedly be a year OF
wonderful activity. Even if the war
should last through 1916 there may
then be good sized boom in pro-
Gress.
Everyone knows about the wonder
! full prices received throughout the
grain growing areas. The coming
I year promises to be another golden
one for the western farmer When
| the manufacturers and merchants in
the industrial centers begin to share
+, this prosperity, the, boom wiz then
start in earnest and be widespread.
| In the first place, the iron and steel
manufacturers who have long been IN
hthe doldrums' are already beginning
to see daylight, and before many
months Pittsburgh, Youngstown, chi
lcago, Cleveland and other iron and
steel cities should be on the tight
pulley" Closely following the I'M
provement in the iron and steel IN
dustry is coming a revival In the cot
ton and lumber trades. The cost OF
commodities has already advanced
considerably from the low levels OF
last October and November, and will
probably continue to higher levels
during the coming year, although food
stuffs may be an exception 70 TINS,
These latter may possibly go lower be
fore the year Is over.
Without doubt we are to become
more of an export nation than we have
ever been, and the war has put this
movement ahead many years. 1t also
teaches us that we must become In
yestors in foreign countries If we are
to build up. much of an export trade
However, since our own country is
still so undeveloped that most OF our
money and energy will be required at
home for some time to come, we dc
/ not feel as anxious to loan money and
| to get foreign trade as we should
There is no country in the world with
SO promising a future for the next
fifty years as the United States, for
both domestic and foreign oppor-
tunities.
tional Editorial Service.)
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06
CIVIL SERVICE IN
CHICAGO is KILLED

Springfield. ILL.,. May BY a vote
Of 70 to 81 the lower house Of the leg
islature today killed the bill extend
ing civil service to Cook county en-
ployes, by striking out the enactlng
clause OF the measure.
The senate spent the entire morn
ing discussing in committee OF the
whole the proposition of abolishing
capital punishment In Illinois. Gov
ernor Dunno. Bishop Fallows and Rep
resentative Lipshulch addressed the
committee in support Of the PROPOSE
ton. At the conclusion Of their talks
the committee OF the whole and the
senate both took a recess until
O'Clock this afternoon.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06
running
CROPS IN HONDURAS

Mobile, Ala, May 4.-The banana
crop in Honduras will be smaller this
year because Of the swarm OF locusts
that have stripped the plants OF their
leaves and exposed the fruit to the
tropical sun, according to Ashbel Hub.
bard, president Of Ashbel Hubbard
and Co., banana importers, VINO mas
Just returned here from Puerto Cor
tez.
The locdsts, he says. have not been
seen in such large numbers In Hon
duras for thirty years.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06
Secretary Lane Joins AcHvelyin Work
of Conserving National Res ouYceS
equation in the interest of the peo-
BY Laurence Todd
The courier's Special Washington Correspondent

regulation in the interest of the PEG.
pie"
Secretary Lane calls attention to
published reports that a holding cor
poraton has been formed for the pur'
pose OF acquiring the properties. IN
the interest OF an electric company
already organized for the express pur
pose Of consolidating and controlling
hydro-electric corporations.
1T is apparent" said Lane. that II
the water power sites Of the west are
allowed to pass into private ownership
without restriction, 1t will be practical
ly impossible to regulate or control
monopoly In this important resource
or to regulate this product IN the IN
terest of the consumer. The possibili.
ties connected with the utilization OF
the water power of the United States
are not at this time realized, nor can
anyone predict what changes IN the
method OF development and control
will be required by the public interest,"
fifty or one hundred years from TO-
day. Only by retaining the Zee TO
these lands and rights In the fedora!
government and measure OF control
can the interests Of the public, pres.
ent and future, be properly safeguard
ed"
Men cloae to the situation believe
that Lane will back up his words
with a personal appearance before
committees OF congress during the
coming session. The tide appears TO
be turning toward another conserva-
ton advance. 1t is considered IN
washington to be a pretty good sort
of politics. iE view of the way IN which
Germany. the model conservator OF
all the nations, has been able to take
care OF herself during the past nine
months.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06
MILK PRICE FLUcTuArEs.

MIIN PHlNe VION'
Milk was cheaper during fhe calen-
dar year 1914 than during| the year
1913, throughout the United States
according to figures just compiled by
the department of agriculture. me
average price paid to FARMERS, the
country over, was last year 3.S04 cents
q quart, as compared with SS4e cents
/ quart for the previous year Rr1ces
varied considerably, with the season
In December, 1914, the farmer got
1905 cents a quart for his milk, on the
average. In June he received only
For the west north central stat9s,
the average price for the year lD14
vas 1870 cents, which twas
an advance over the price for 1913,
when milk brought only S.50s cents.
For this group of states. which ~
cludes Iowa, the price last year ranged
downward from 4.O15 cents IN january
to q 2oS cents in May, and then wenc
inward steadily to 1924, cents IN
December. The range OF average
prices for the other groups OF states
Tar 1914 was: New England ASST
cents: west south central, 1850
cents: Pacific, 411.1 cents; South AT.
iantic 1904 cents; east south central,
3.s74 cents; middle Atlantic, a.oVo
cents: east north central, 3.6O6 Genus
and mountain, 3.449 cents.
The lowest price paid for milk was
2.s41 cents. in June in the middle At
lantic states. One dealer IN tnis
region reported that he actually PAID
onlv 90 cents a hundred pounds Tor
milk in that month; this would equal
about 10 cents per quart.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06

The killing of three Americans by
German submarine attack upon a
United States steamer in the war zone,
is being exploited in some circles as
cause for the United States taking
part in the awful European struggle.
OF the three, one died of heart failure
and the other two drowned by jumping
overheard without taking time to learn
that the ship was in no particular
danger of sinking. IL we must fight,
let 1t be over some men who were not
scared" to death.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06
pusLlc PLANT FAILURE.

Gov. e. L. Philip, az result OF III
vestigation by experts secured Dy hinl'
has stopped tho sale Of binding twine
by the wisconsin prison until further
notice.
Asa further step to protect the state
from possible loss the governor mas
held up the payment on consignment
81 second hand machinery recently
contracted for by the board OF control.
The price for this machintry was
$4,000.
This action by the governor was
taken at the conclusion OF the hearing
before the legislative investigating
>committee in the governors once.
which was attended by members OF the
hoard OF control and several members
Il the legislature who were Interested
the subject. :,
n At this hearing the reports OF w. y.
Fitzgerald Of Milwaukee, and James -
Groendyke OF Miamisburg, o., 1nvesu'
gators, employed by the governor
were submitted and testimony was
taken to explain their reports.
The sale of binding Irvine was stop
mad for the present by the governor for
the reason that the report of Mr. Fitz-
1erald shows upward Of $4,000 on the
books Of the Irvine plant, OF which
about so per cent is considered I'M
coilectable. The governors position 10
that no more Irvine should be sold until
: credit system is established which
will protect the state.
The payment of the $4,000 for the
recently purchased machinery was
ha1d nm a. a result Of the report OF
Mr.. Groendyke that the machinery IS
obsolete and in bad state OF repair.
Mr.. Groendyke recommends the aDso-
lutte rejection Of all but three OF the
machines purchased.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06
TEMPERANCE in RUSSIA.

The United States consular agent AZ
Moscow. Russia, gives some interest
ing figures on the effects OF the temp
erance measures adopted by the I'M
perial government.
The prohibition Of selling brandy IN
the government monopoly shops was
introduced throughout the empire
from the beginning Of the war, on the
day of mobilization, and has now been
IN force for more than six months. One
OF the Russian papers has made IN.
uuiries concerning the results OF this
measure and has published some OF the
statistical data that were collected.
The following list shows the consump-
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06

the Interior Lane has finally decided
to become an active conservationist.
He has remained in hiding, so far as
the real fights over conservation mea-
sures have been concerned. for nearly
a year All Of the magazine articles
lauding him as great apostle Of the
conservation idea--the idea OF saw
ing and developing for the American
nation the vast resources. of the pub
lie domain-have not inspired him TO
come before the committees Of the
senate in the past session and demand
action. But now, apparently, ne 10
ready to take hand.
In statement given out by Secre-
tary Lanes Office it Is set forth that:
'In connection with the water power
leasing bill passed by the house Of
representatives last session, but which
failed in the senate, Secretary Lane
today stated that the bill would be
remtroduced Immediately upon the
converting of congress, and expressed
the hope that 1t would be speedily
passed.
"As showing the necessity for such
legislation to safeguard the public IN.
terest, he called attention to the ru-
NOR of consolidation Of western wat
er power companies in Colorado. Utah,
Montana. Idaho and Washington,
which, if fully contaminated, Will
place under single corporate control
about so per cent of the developed
water power of the western states.
Such a consolidation. involving wide
ly separated power plants, interstate
and intrastate transmission lines and
federal questions beyond the scope OF
state utility commissions, emphasizes
the necessity of federal control and
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06

tective basis. That very fact is the
cause of much upeasiness to the
thoughtful business men today. They
realizes that as soon as the war ends,
the business in this country has got
to get right back to the struggle for
its existence in competition with the
cheaply made products that were be-
ginning to swamp us when the war
came to our relief.
These are simply facts no matter
how they are wOrded.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06
Jusf LIKE IcHiLLs.

A washington difpatch yesterday
said: "Oficials Of the administration
are very much cheerdd today and state
that the business Outlook is grand
This news is sent ont regularly every
other day from Washington. .
It is a fine thing Ito lift ones self
nv ones own boot STRAPS, because no
matter how high you\ make yourself
believe you are, the fall cant hurt IT
,yn,Y s4esfa | So a3afg3
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06
FINANCIAL OUTLOOK.

A discussion of the business outlook
of the United States is on this page to-
day in the form Of special editorial
by Roger w. Babson, president of the
Babson statistical organization and a
famous student of the topic he dis
cusses. Read the article If you would
have a clearer insight into the things
which make for prosperity and de-
nresSiOn
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06
Is TO GONE.

II the United StatesS were on pro-
+ective basis, it COULD look forward
with every confidence to an era of
prosperity as soon ais the war in
Europe ends. But it il; not on pro-
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06

The Zeppelins have not yet done
much real damage in England, but
they have made all the residents of the
island feel as if they had had a mar
row escape.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06

Wide tires on the wheels of wagons
are easier on paving than are narrow
tires. That means wide tires are a
factor in lower taxes
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06
CALL FOR BANK REPORTS.

washington, D. c.. May A. The
comptroller of the currency today is
sued call for the condition of all ma.
tional banks at the close Of business,
Saturday, May !.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06

There is no good reason why you
shouldn't do this week the cleaning up
and painting up around your house
that you were unable to do last week.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06
WHAT

If this is a war tax, what would
we call tax that would be levied if
we, here on this continent, should
have war?
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06

An old circus man LeliS tHlS OHc
The usual crowd of small boys was
gathered about the entrance OF the tent
in {. town in Illinois. A benevolent look
ing old gentleman standing nearby
watched them for a few minutes with
a beaming eye. Then, walking up to
the ticket taker. he said, with an air OF
authority:
"Let all these boys in, and count
'em as they pass
"The gateman, thinking that the be-
nevolent looking old gentleman was in
dulging in bit OF philanthropy, did as
requested. When the last lad had gone
in, he turned and announced: Twenty
four, sir
GOOD said the benevolent looking
old gentleman, as he walked away, !
thought guessed right. -
where were you last night?" asked
one girl of another.
II was out riding with father in his
car
"But didn't know your father had
an automobile
"He hasn't; he is a motorman.
After ascertainment OF symptoms
the physician said:
what you need more than any
thing else is tonic in the shape OF
fresh air.
Whereupon the patient waxed sar-
castle and inquired:
Before we proceed further, would
you mind telling me what is the shape
of fresh air."
Baron James de Rothschild, founder
of the Paris branch, had occasion to
hire q cabman. He gave cabby his
legal fare.
"Ah, baron, your son, Baron Al
phonse, always gives me five times
as much,'' said the man.
Il don't doubt it, growled the old
baron; ''he has a rich father!
The following conversation between
two small colored boys was overheard
at the Washington navy yard
What fob dey want dem big guns?
I thought we wouldn't hab no mob
wah."
'em back
AT the funeral of Baron Lionel de
Rothschild, father of the recently
deceased Lord Rothschild, a poor old
man wept loudly and bitterly.
"Why are you crying?" inquired 9
bystander. You are no relation OF
Rothschild.''
No. howled the mourner, that's
just why I'm crying.
During famous trial in Chicago
two Irishmen, standing on a street
corner. were heard to discuss the trial.
one OF them was trying to enlighten
the other concerning the functions
of a jury.
cts this way he said. "Ye're ar
risted! Thin, if We gets the smartest
lawyer, ye're innicent; but II tn other
man gets tn best lawyer, ye'rei
guilty."
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06
GETTING ATTENTION.

GETTING ATTENTION.
A high official on the Northwestern
railroad remarked to the head Of de-
partment:
You have young man named Cum
ningham in your division, have you
not?'
Yes, sir
We'll, keep your eye on him."
why? He's one of my best men"
well, he ought to be; saw him
depositing money in savings bank"
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06
Dr.D.E.Grat,an,
Aours-o 90 12 Z. M: 4 to 8 =. ~
Ennis offies Bldg, ottumwa. lsua

class and their teacher and few In
vited guests at her home south OF town
Thursday evening.
Miss Florence Cresswell returned on:
"Wednesday from 4 few days stay ~
Ottumwa s5ss.ks ,s sss
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06
D1 n n Cr
s & Ori q j.

Mr.. Chilson advertised for colored
chauffeur and dapper young fellow
made his appearance.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1915-05-06

where are you fron?' asked Mr..
Chilson.
I'm from the first state in the Union
sah,' replied the colored man, drawing
himself up proudly.
New York;" asked the other.
I. "Oh, no, sah,' answered the negro.
alabama, sah."
But" said Chilson. alabama isn't
the irst state in the union
alphabetically speaking, sah,' was
the reply, alphabetically speaking"
The Prescott daily news., 1915-12-24
W C T IT

Within a setting of holly wreaths
 tied with crimson bows, holly branches and punches of mistletoe, be- tokening the glad Christmas season, ~e oman's Christian Temperance Union held its sacred crusade service yesterday afternoon with Mrs. c. B. Andrews.
 those not present must have missed somewhat of the inspiration always gained in studying the beginning of things, and especially when those things have made such marvellous growth as has the temperance reform.
 A joint meeting of all the churches was discussed for Sunday night, Jan. End. It seems fitting that the whole community should get together and rejoice over victory so we'll won.
 After splendid program, Mrs. Ida Andrews Morris of Greenville, Texas, a former "Y" girl, assisted by her sis ter, Miss Andrews, served delicious re- freshments.-Reporter.
The Prescott daily news., 1915-12-24

Senator J. o. A. Bush came in this morning from business visit to Me Neil.
 MT. and Mrs. J.B. Stone and family are spending the Christmas holiday. in Gurdon as the guests of relatives.
 Mrs. Ernest Stainton, of Texarkana is among the many holiday visitors to Prescott this week.
 The barber shops of the city will be closed tomorrow, Christmas Day, from Il a. m. until D. m. Advt
 Ali Jones, of Stamps, Arkansas, is here for visit with his parents, Mir. and Mrs. o. S. Jones, and other friends and relatives.
 Dr. R. F. Thorne, the Veterinary Surgeon has gone to his home in Wal dron and will return in about five days. Advt.
 Lost-At High School. One boys blue and black plaid mackinaw. Re- turn to this ocffice or Tom Bemis and receive reward.
The Prescott daily news., 1915-12-24
J. D. PURPLE

After long illness and much phy- sical suffering, J. D. Purte died at his home a few miles from Prescott yes terday afternoon, December 23, at o'clock.
 Mr. Purtle had long been suffering from a cancer and his death was not unexpected. He was one of the coun- tvs most prominent and substantial citizens and is survived by four sons, Sidney, Dr. C. C., Lawrence and Jim and three daughters, Mrs. Mary Mou- ser, Mrs. Lizzie Willis and Mrs. Car Tie Hubbard; three brothers, Messrs Pat, Tom, and Ed and two sisters, Mrs. Nora Tubbs, of Magnolia and Mrs. Venecia Barrett, of Antlers, Ok lahoma.
 The remains are being inferred this afternoon in the cemetery at Beard's Chapel, and services are being con- ducted by Rev. s. c. Sweeney.
The Prescott daily news., 1915-12-24
WILL OUTLINE PLANS FOR
 MAY MEETING OF A. P. A

Col. J. L. Wadley, editor of the Tex arkanian, will attend the mid-winter meeting of the Arkansas Press Asso- citation, called for Little Rock, Jan. IT, and outline the plans that are being considered for the annual May meet ing of the organization in the City of Texarkana.
 President Claude Mann is especial ly solicitous that there should be a full attendance of the membership at the January meeting, as there is to be a full discussion of the Publicity Act. The various committees will make comprehensive reports, and their find ings will be submitted to the Associa- ton. Another proposition to be con- sidered will be suggestion made by Past President V. A. Beeson, that some time during the year the mem bers of the Association shall observe Newspaper Week, each of the three hundred papers of the state issuing a special edition setting forth the ad- vantages of its own section as well as SAe 4.@te at large.