NEED CO-OPERATION ESSENTIAL TO SUCCESS IN ALL BUSINESS UNDERTAKINGS. ON SOME LATE IMPOSITIONS Schemes Devised to Deceive the Peo ple and to Gain Support for Un sound Financial Propo sitions. Harmonious co-operation is essen 'tial in any successful business. By co-operation is not. meant such orga nization as tho communistic and mon astic societies found in parts of the European countries, and occasionally existing in America. As co-operation relates to manufacture and commer cialism, it simply means a righteous regard on part of employer and the employed for the liberty and privil ege of both. It means of the laborer, a just day's work for a just day's compensation; and for the employer, services rendered for the wages he must pay. Interests of both are paral lel. One has his capital invested, money employed aud the other lias al so his capita' represented by his abil ity to labor either in a mental or physical capacity. In England and In parts of Ger many, there are numerous societies, the workers in each being common stockholders and participating in all profits according to their holdings. In fact these societies are nothing more than the great railroad com panies and industrial concerns of America, only that In the latter the stockholders seldom take an active part in the work performed. One who takes the care to study into condi tions in the countries where this form of co-operation exists, will find environments far different, from what obtains in the United States. In vari ous places and at different times at tempts to copy aft r the English co operative societies have been made in the United States. Failure has re warded the efforts made. Some few communities flourished for a time, then decayed. Propped up by the success of the few successful organizations in the old country, shrewd schemers have started different commercial enter prises in cities of tho United States, .•supposed to be operated upon the co operative plan. When carefully stud ied, and the plans of the promoters dissected, it will be found that co operation in these cases seems simp ly the getting into business on other people's money, and weaving around the enterprise such appearances as leads the unsophisticated to believe that from few dollars invested, great •savings can be made. In fact the 'Co-operative plan is more for the pur pose of advertising a private business proposition and gaining trade from those who invest their dollars in the _plan. 3t is a foolish thing for the resi dent of any town or farming commu nity to invest money in such enter prises, which means competition for liis home town, the killing off of its 'business and the building up of con cerns in large cities. The earnest man or woman can see in their own home place splendid chances for co-opera tion. Established business systems as found in the rural towns, are splendid examples of what co-opera tion should be. The home merchant supplies the residents of the place with the commodities that they re quire; tho merchant is the medium of exchange of the products of the farmer. In the transactions employ ment is given to home labor, and the little profits are kept at home for the benefit of all in the community. Co-operation can be simmered down to a strictly home-trade principle, and there can be no higher form, no sys tem inaugurated that will bring bet ter results to the masses. Before you invest in co-operative mercantile schemes devised by shrewd business men in the large cities, study every phase of ths question well, and you are likely to conclude that in your own town there is plenty of room for co-operative work. EQUITABLE PROFITS. Cost of Production Should Always Be a Factor in the Matter of Prices. ■Profits should bear an equitable re lation to cost of production. The farm er who has money invested in lands, agricultural implements, stocks, and other things necessary to carry on his business, when selling his products must take into consideration the inter est on his money invested, the wear and tear of farm equipment, the wages of hired help and a salary for his own service. When ho sells his products for less than pays the expenses nec essary to carry on his work and culti vate his crops, care for his stock, etc., he is the loser. The same principles apply to the person engaged in any •other line of business. There is inter est on capital employed, wages, taxes, license and cost of articles which com prise the stock necessary for opera tion. Goods must be sold at a certain percentage of profit or there will be a case for the sheriff or the bank ruptcy court. In dealing with our fellow men we should always bear in mind the principles of business, and not exact too great profits or sell or buy at prices other than equitable. It is also a good thing to remember when great bargains are offered that cost of production and legitimate profits must be considered. Too low prices give cause for suspicion that goods are inferior in some way, or that there 2M 9 "niirtror in tha FMNAA." FIGHT AGAINST CORRUPTION Prosecution of Oppressive Combiner Afford a Lesson to Home T-aders. Never before lias there been atith a stirring up of the masses and an awakening as to rottenness in finan cial affairs among the large corpora tions as at present. Some one at one time said that" "when thieves fall out tiie devil gets lxis reward." So it seems at present when faction is ar rayed against faction in exposing crooked operations in great financial and business deals, in which the little fish are swallowed by the big ones, and the men in control, like wolves, lead the lambs to slaughter. It is amazing how farspread are the frauds practiced, and how high up in public estimation are the manipula tors of the rotten deals. The stealings of the millionaires and multi-million aires, the intrigues and their perjuri ous lying and misrepresentations to accomplish their aims; the intricacy of the machinery used in their opera tions, the perfection of the means, the combinations employed to fleece the people of dollars, would do credit to a Gagllostro or a Machiavelli, or a Capt. Kidd. There cannot be doubt that these various articles appearing in the mag azines and general newspapers will have the result of opening the eyes of the public to things that few hereto fore ever save serious consideration. They will have the effect of making the people more cautious in making investments of their earnings, and will result in lessons that are bene ficial to the country at large. Home trade principles preclude the possibil ity of people losing by the operations of such gigantic schemers. Money in vested in your own community in the development of its latent resources will give excellent returns, is ever under your own observation, and whilo the percentage of profit from some home investments may not be up to the representations made by the ma nipulators of stocks and the shearers of lambs in general, you are not so likely to be a loser. D. M. CARII. MARKET DAYS IN TOWNS. Successful Plans to Entertain Visitors and Attract Trade. How to attract trade to towns is a question that interests every business man. There must be some attraction for people of the surrounding country,* some entertainment to please. Many means have been putin operation by different towns to bring about the ob jects desired. The people of the small er towns in different western states have inaugurated street carnivals, fall festivals and similar enterprises to entertain people from the surrounding farming sections. These methods have been universally successful, and have resulted in bringing trade to the towns that otherwise would have gone elsewhere. Not alone this, but the residents of the rural districts are brought in contact with the city peo ple on a friendly basis and harmonious relations established that are highly desirable. In many towns market days have been established. From early spring until late in fall one day in the month is set aside for "market day." For this occasion bands of music are engaged, balloon ascensions, baseball games, races and similar attractions are em ployed to interest the people. All these are free, the expense being borne by the business interests of the town. The farmers are invited to bring to tlie town their horses, cattle, hogs, in fact, every product that they have for sale, and the same is auctioned off to the best advantage. On these market days all kinds of articles can be had at bargain prices. Each storekeeper makes special efforts to offer bargains, and generally the sales are enormous. A few enterprising small towns that have adopted the market-day idea have become noted for many miles about as lively trade centers and take trade away from territory in the neigh borhood of less enterprising towns. The market-day idea is worthy of con sideration by business men in small towns who desire to pursue an inex pensive method of attracting trade to the place. Duty of Good Citizens. Home and its protection is the safe guard of all government. That citi zen who has the love of home and fealty to home interests, is a worthy representative of a commonwealth. It is the mass of such men that are the backbone of any community, and, figuratively, the mainstay and the rock upon which the nations are founded. Whoever lives in a com munity and fails to support the pub lic institutions and does not assist in the building up of industries that add to the greatness of that community, is like an alien. While he lives one place, his heart is in another. He is not the ideal citizen, for he is not in harmony with those who are his neighbors. It is the duty of every resident of a town or community to do his utmost to advance its interest. By thus doing ho not alone assists himself,'but his neighbors, his town, his county, his state and his nation. Time to Awaken. Any plan devised that tends toward greater business centralization makes easier the building up of harmful combinations. During the past ten years billions of dollars have boon sent to tho large cities by the resi dent of rural communities, aud these billions have been used in building up trusts that work against the best in terests of tho masses who reside la agr-i cultural sections. Is it nat time to awaken to the dangers of sendiafi mnnmw mmmv fmm 9 CAMERON COUNTY PRESS, THURSDAY, NOVEMBER 21, 1907. A STORY OF HIGH ill CHICAGO IS TOLD TO THE JURY IN JOHN R WALSH'S CASE. USED THE MONEY OF BANKS To Obtain for Himself the Ownership of Various Properties, Giving, It Is Alleged, Worthless Bonds as Security. Chicago, 111. The trial of John R. Walsh, formerly president of the Chicago uatioual bank, now defunct, on a charge of misuse of the funds of that institution, formally opened Wed nesday. The jury was completed and Assistant District Attorney Fletcher Dobyns, at the opening of the after noon session, began the preliminary statement in behalf of the government. The government will attempt to show that Walsh took from the Chi cago national bank, the Equitable Trust Co. and the Home Savings bank $14,000,000. Dobyns declared that Walsh obtained the ownership of vari ous large properties without cost to himself by using the funds of the banks. He said: "Watered stock to the probable amount of $25,000,000 or $30,- 000,000 was issued. Mr. Walsh, through his employes, voted the stock to him self. He then sold this stock to the banks, taking the money to build up his private enterprises. All of the stock so sold by Mr. Walsh was prac tically valueless. It was the practice of .Mr. Walsh to make loans to one of his companies and then sell the bonds of that company to the bank. These bonds were practically worthless." The assistant district attorney stat ed to the jury that Mr. Walsh had in duced various persons to sign "accom modation" notes for the bank. "Then," said Dobyns, "he signed the names of people to notes, ('hecks were made out papable to bearer, and credited to the personal account of Mr. Walsh. "Bonds were made out to the same 'dummies' whose names were on the notes and credits were made to Mr. Walsh's account. "In 1903 Mr. Walsh was told by the hank examiner that the Chicago na tional hank was being loaded down with the securities of Mr. Walsh's per sonal enterprises. The examiner or dered him to take these securities out, and Mr. Walsh promised to do so. "In 1004 the bank was found In the same condition, the warning was re peated anil Mr. Walsh again promised to remove the securities. Another examination showed that the bank was in a worse condition than ever and It was then ordered closed. "The government will show that Walsh's method was to buy from him self, fix his own price and put the money in his pocket." DECISION WAS RESERVED. Case of Inter-state Commerce Commis sion vs. E. H. Harriman Is Heard in Court. New York City. After seven hours and a half of argument on both sides of the question, Judge Hough, in the United States circuit court, an nounced last night that he would not be ready to render a decision on the petition of the inter-state commerce commission to compel E. H. Harriman to answer certain questions propound ed to him last spring in the course of the commission's investigation into the so-called Harriman lines, until De cember 1. The arguments took a wide range and the powers of the inter-state com merce commission were thoroughly gone into. Ex-Senator John C. Spoon er, of Wisconsin, appeared for the lirst time in the case and argued in defense of the position maintained by Mr. Har riman—that he is not required to tell the commission what profit he made in selling the stocks of other railroads held by him to the Union Pacific com pany, or to detail the manner in which the famous 10 per cent. Union Pacific dividend was declared in August, 1906, and its announcement deferred for two days. All that Mr. Harriman had done, Mr. Milburn declared, had met with f he fullest approval of the stockholders of the Union Pacific Co. lie stated that allowing for losses sustained in the re cent heavy slump of prices the Union Pacific had profited no less than $3L\- 000,000 by its stock purchases. DEFENSE WILL PLEAD INSANITY. Trial of Mrs. Annie Bradley, Who Killed Ex-Senator Brown, Begins. Washington, I). C.—The first day of the trial of Mrs. Annie M. Bradley on the charge of murdering ex-United States Senator Brown, of Utah, was spent in an effort to obtain a jury. When at 4 o'clock Wednesday the court adjourned for the day that pre liminary work was still incomplete, notwithstanding 61 men had been ex amined as to their competency to sit in the case. The questions put up by the attor neys for tiie prosecution and the de fense served to define to some extent the lines which will be followed by both sides of the case. It was evi dent Unit the attorneys for Mrs. Brad ley will depend upon the plea of in sanity as their only defense. If there was any confidence in the plea of jus tification it was not expressed. Six Men Killed by a Train. Milwaukee, Wis.—Six men were killed at South Milwaukee last night when a Chicago & Northwestern train ran into a crowd on a grade crossing near the station. All of the victims were so mutilated that identification was for a time impossible. Passed a Prohibition Bill. Montgomery, Ala* The house of representatives on Wednesday passed the statutory prohibition bill by a vote of 63 to 25. The bill pro hibits tho sale or giving away of' in toxicating liquors after October L 1908. OUR OFFICE-BOY. Monday morn the boy was hired. He went to work Ilka one Inspired. "I do not care for holidays. A baseball game? It never pays." Says Jim to me, "He'll get a raise. That boy I hired." On Tuesday he wns mere Inspired. "Some relative," said he, "has wln-d Grandmother's ill—perhaps she may He buried on next Saturday.' Says I to Jim, "He wants to play. That boy you hired." Next Monday morn the hoy retired. We did not tell him he was fired. We begged. Implored, the boy to stay. His grandnrv left him millions. Suy! We're sorry he has gone away. Bays Jim to me, "I'm tired!" —Walter Beverley Crane In Judse. Morality. Morality is often only that, which Is left over after our desires are satia ted.—Life. CASE OF FALSE PRETENSES. Sa Jf First Motorist—Hullo, old chap, you down here? 1 suppose you are putting up at the "Royal" where I am? Second Motorist —No, fact is, my cat broke down just outside the Temper ance hotel, so I had to pretend it was there I had intended to put up. Sad. He didn't hear tno auto horn. He didn't look to see; Nor did lie stop—that Is, until He landed in a tree. —Detroit Free Press. In Chicago. Mr. Wabash—l'm going out to get a divorce, dear. Mrs. Wabash—Well, please hurry back. "Don't worry; I shall." "But I can't help worrying." "Why?" "Suppose you shouldn't get the di vorce?" —Yonkers Statesman. The Paragrapher's Courtship. He (in the parlor)— Excuse me, but have you a pencil and sheet of blank paper handy? She—Yes; but why do you want them? He —I Just had a 50-cent thought.— Chicago Daily News. Not At All Difficult Blanche —The most difficult thing when going away is to make up one's mind what to take aud what to leave behind. Henriette—Oh, I don't think so. I take all my frocks aud leave my hus band. A Natural Inference. Mr. Roxton (with morning paper) Gad! Fastsett's auto was wrecked last night and the six occupants were badly hurt. Mrs. Roxton—Poor Mrs. Fastsett! I wonder how she received the news' Puck. Mental Farming. "Thought you said you had ploughed that ten-acre field?" said the first farmer. "No; I only said I was thinking about it," said the second farmer. "Oh, I see, you've merely turned It over in your mind!" Trying Occupation. Towne —You look rather weary, old man. Browne —Yes; I've had a trying time this past week. Towne—ill? Browne—No; on a jury. Leisure Hours. "How do you spend your leisure hours?" asked the inquisitive caller. "Leisure hours!" exclaimed the edi tor. "Oh, yes; I spend them trying to catch up with my work."—Chicago Daily News. Seeing Stars. Bill—They say the naked eye can never see from any one spot of tha earth's surface more than 3,000 stars. Jill —Oh, I don't know! I guess I've struck spots where I saw more than that! —Yonkers Statesman. Natural Association of Ideas. "Mr. Softy," cried the sweet little Infant terror, "my pa says you're a muff. Is that why my big slater lets you hold her hands so much?"— Balt imore American. • Brave. Zlggsby—There goes the fellow who j whistles at danger. Perksby—Ah, he must be a very brave fellow. Who is he? Ziggsby—A locomotive driver. A Noisy Game. "Maud, can't you play tennis with out all that noise?" "Now, how do you suppose we are joing to play tennis without raising a racket?" paBESSfIffiSSaBSHSffIBSffISSS^Ig I Balcom & Llojd 1 WE have tlx© best stocked I general store in tl\e OOTID ty and if yon axe looking for re | liable goods at reasonable 1 prices, we are ready to serve I yon with the beet to be fonnd. r Onr reputation for trust- Sjj worthy goods and ftdr dealing is too well known to sell any B Onr stock of Qneensware and Ohinaware is selected with jf || . great care and we have eom® £ of the most handsome dishes ever shown in this section, both in imported and domestic makes. We invite yon to visit ixs and look our goods over. 1 | Balcom & Lloyd. ] LOOK ELSEWHERE BUT DON'T FORGET Ij | THESE PRICES AND FACTS AT | LaBAITS 112 " w H We carry in stock * ' lj| l| the largest line of Car- -, $ | |g pets, Linoleums and [TffSP" mnrnnfm < gj IJ Mattings of all kinds »_Hf * j [1 ever brought to this ' S3 fi town. Also a big line M [g A very large line ot •R>r;the ESSr h fj Lace Curtains that can- «' JJ §1 Xrefo™ CMfWfIM lODSiii if Art Squares and of fine books In a choice libtafy El Rugs of all sizes and select the fd«t! pattern;6f (Jtolfc- P]l kind, from the cheap- Wernicke "Elastic" SMJ Nest to the best. Furnished with bevd nWh £sj j| 4 plate or leaded glass doors. jjfijj Dining Chairs, '»■»»«•* II Rockers and GEO. J. L^BAR, Kjj Chairs. Sole Aeeut for Cumtiroa,s*}uniy. £5 A large and elegant I————————____J £# Eg line of Tufted aud Ejjj Drop-head Couches. Beauties and at bargain prices. jkj |3O Bedroom Suits, C)C S4O £Mebo;»rd, <«u»r --•olid oak at 3)ZO ter&l »ak... ®.» f*s 128 Bedroom 8ult», ffOI f32 BkleUnawi, <mnr- tfftr M solid oak at 3>Z| t<x&W§. &ZQ £$ If * $25 Bed room fiuits, COn $22 HtdefeeaxL quar- ftir lM| solid oak at tored oka, JR) £jjj ■MI large line of Dressers from Chiffoniers of all lcinds aud fejf |8 up. all prfooß. fcV £4 finest line of Sewing Machines 011 tli gpi>rf>it iJi || the "DOAI-ESTrC" and ''KLDRtDGR.' M g£ Ej heads and warranted. S3 Rj A fine "line of Dishes, common grade and CMva in sets anfl %y (he giece. I® As I keep a full line of everything that g»es t» Jm| ij| make tip a Furniture store, it is use'fess to CKfwi- 'jjj fi| crate the 111 arl. Jjy| g£jg P4ea.se call and see for yourself that I nm btff6mr tea ira you the truth, anfl if you don'{ buy, there is Be a i-J done, as It 5s no troirble to show goods. ||S | GEO. J .LaBAR. jjf] Mg'ggg ggyggyy* ggyi'^ M | Hi «lEif h rtfr 0 ifc g i -in aw rti 112 m Hfi J 3
Significant historical Pennsylvania newspapers