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