Cameron County press. (Emporium, Cameron County, Pa.) 1866-1922, December 12, 1907, Page 2, Image 2

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    2
CAMERON COUNTY PRESS.
H. H. MULLIN, Editor.
Published livery Thursday.
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tre low and uniform, and will be furnished on
application.
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\lo i 0 cents per square.
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*»riion: f> cents per line for each subsequent
eon coutlvc insertion.
Obituary notices over five lines. 10 cents per
lin«. Simple announcements of births. n;ar
r.i'k'es and deaths will be inserted free.
Iluslness cards, five lines or less. if> per year,
over live lilies, at the regular rales of adver
i sintf.
No local inserted for less than 75 cents per
Issue.
JOB PRINTING.
The Job department of < he PH ESS is complete
and affords facilities for doing the best class of
W I rk. pAI«IITI.AU ATI t.N lION l'Alt»T|> I.AW
PKINTINd.
No paper will be discontinued until arrear
ages are paid, except at the option of the pub
lisher.
Papers sent out of the county must be paid
tor in advance.
The Mustache.
Thorp Is more than humor in the
rise and fall of the mustache, although
the country was amused several years
ago by a humorous lecturer, who dis
coursed on the subject. It, is contrary
to the British army regulations for an
officer to shave his upper lip. From
time to lime tin war department has
issued general orders expressing its
disappioval of the growing disregard
of the regulations, and now it is re
ported in London that King Edward is
contemplating some action which will
compel the officers to return to the old
custom. The mustache has long been
regarded as a military badge. Only
one regiment in the Austro-Hungarian
cavalry may go smooth-faced, and this
is because during the Seven Years'
war recruits were so ocarce that this
regiment once had togo into battle
when there were nothing but beard
less boys in its ranks. It behaved with
such gallantry that its members re
main beardless to this day. The de
cline of the mustache in military Eng
land is said to be due to the prefer
ence of American girls for smooth
faces and the liking of English army
officers for American girls, a combina
tion which produces new fashions and
outlaws old customs.
If China is awakening, are the west
ern nations awakening to China? Dr.
Arthur 11. Smith, the well-known
American missionary, shows in an in
teresting book that this country has
not followed its missionaries and its
ministers of famine relief with any
deep intellectual or even commercial
understanding of China. It is strange
that this nation, at once mercantile
and generous, should have made so
little effort to understand the Chinese
on their own soil, and should have
failed to heed the plain statement of
Li Hung-Chang that "if Americans
want the trade of China they must
come after it." Our attitude toward
China has been like our attitude
toward South America. American con
suls have been preaching to us for
years to learn the countries to which
we ship our goods. Yet no traders are
so little at home as are Americans in
countries across the seas.
The Rev. George Clark Houghton,
the rector of the Little Church Around
the Corner, in \ew York, has given
new lame to that place of worship by
announcing that no marriages will be
performed there hereafter unless thot
names of the contracting parties are
announced beforehand Therefore
couples who want to be matrimonially
united on the sly will have togo else
where. This is a good way to prevent
young people from making fools of
themselves, says Boston Budget, and
is in accordance with a time-honored
custom in the Anglican and Roman
Catholic churches.
In January next a statue of Emile
Zola will be placed in Paris near the
Palace of Justice. The occasion will
be the tenth anniversary of the publi
cation of the famous letter of accusa
tion with which Zola bombarded the
war department in behalf, not so
much of Alfred Dreyfus, as of the
honor of France.
When an intelligent man cannot an
swer an honest question in a court of
law without "incriminating" himself,
his confession to that effect may keep
him out of jail for contempt, but it
ought not to keep him out longer than
is necessary to properly convict him
of the criminal conduct he pleads in
his own behalf.
A church fair is to be held by soci
ety women on Long Island which is trj
be strictly honest, change to be given
in all cases and 100 cents' worth of
goods is to cost the purchaser no more
than a dollar. This is almost enough
in its financial radicalism to bring on
another panic.
The industry of making rubber
from the guayule weed having made
a bouncing start, at Marathon, some
hitherto unproductive regions of
southwest Texas may be said to have
started on the road to wealth with a
springy stride.
PANIC SHORT LIVED
VAST DIFFERENCE IN TWO FI
NANCIAL SHOCKS.
Country Suffered for Years fror.i Ef
f<*cts of Wilson Law—Under Pro
tection Confidence Is Re
stored in Few Days.
Many have been the explanations of
the stock market crash and the runs
on banks. President Koosevelt and a
majority of the American people are
agreed that the financial shock was
due to a culmination of abuses by men
who have played fast and loose with
honest and honorable business prin
ciples. There have been those, how
ever, who have blamed not the evils
which were threatening our most
sacred institutions, but the president
for turning the light on the evils.
Some have accused newspaper head
lines for announcing that the clearing
house committee was throwing high
financiers out of the presidency of
banks and trust companies, and for
telling that there were runs on de
positories when there were runs. Oth
ers have charged the disturbances to,
tli> defects of our currency system.
SUU others have offered different
ret «ons —some weird, yet not insane;
sor/,,0 picturesque, yet partly true.
But it has remained for the sapient
tariff editor of the Evening Post to
discover that the tiling to blame for
the whole business; ii: the Dingley law,
or, sdnee the panic befell u» under the
Dtnirtey 'act that, no one eve* 1 again
shall be able to say that the Wilson
law was responsible for the bank
ruptcy, poverty and misery which
overwhelmed us at the beginning of
President Cleveland's second adminis
tration and continued to rage like a
plague until the voters of the United
States went to the polls in 1596 and
cast their ballots for the restoration of
the American tariff system now in op
eration.
There frs some facts of sensational
difference, of course, in the two events.
The Wilson law panic did not expire
in 48 hours; it endured for several
years. Then, season after season,
I farmers burned their crops in their
I stoves for fuel and in the fields to
clear them, because it did not pay to :
send them to market. Now there are j
hundreds of millions of profits in the j
crops, and at this moment the farmers, !
with mortgages paid off and hank ac
j counts fat, are sending to market some |
six or seven billions of products bid
for by our people and by the world at j
prosperity prices. As they receive j
their checks for their new wealth now j
pouring upon tliem the farmers, going \
to their banks to deposit the proceeds,
ride in automobiles. Then the fac
tories and mills and forges closed;
they remained closed through the
gloomy weeks and months and years.
Now there is an unbroken hum of in- ;
dustry over the land. Then wage
earners had their pay cut, lost it alto
gether, ate up their savings in the
banks and joined the bread lines. For i
a full presidential term the most con
spicuous thing in the world was the |
empty dinner pail of America, the ;
most active industry in this country
the charity souphouse. Now this is a
nation of workers on full time, with a
surplus of wages and profits, the week
after the panic as the week before, to
swell the savings banks accounts by
millions, to buy homes and to give the
best living anywhere on earth. Then
the United States government, along
with the public, "went broke." It had j
not enough income to equal its ex
penditures; it could scarcely borrow
I enough money to pay its bills from day ;
today. Now the treasury piles up
such a daily surplus that it can toss a I
few hundred millions into the banks j
to supply currency and stop a prosper
ity panic.
In the Wilson law period there was
a panic of long duration, not because
there was insufficient currency with
which to do the business of the people,
but because there was no business to i
provide American bread and butter.
Farms were wastes, mills and factories
i were abandoned. Industry was pros
t trate. And this misery—the misery of
a poverty panic—was long continued.
Yet the jocose free trade oracle tells ;
( us, though the facts of the two panics
—the prosperity panic and the poverty
panic—are different, the principles in
' volved are the same. Wherefore is
protection now banished from us as a
superstition; wherefore shall this be
the end of the American tariff system.
Perhaps—when the people of the
United States are able to subsist on
green cheese imported from the moon.
—New York Press.
Two Great Questions.
President Roosevelt acted with his
• accustomed decision and promptitude
1 in attacking the financial stringency,
t He directed the secretary of the treas
, ury to issue $50,000,000 worth of Pan
, ama canal bonds, bearing two per
! cent, interest, and $100,000,000 of
three per cent, government notes, |
with the expectation that, persons who
are now hoarding their money will
invest in these unimpeachable securi
ties and the money that comes from j
their disposal may b;- sent to the >
south and west to facilitate the move- :
ment of crops.
At the same' time the president Is- j
sued a call for a conference of govern
or!' of all the states and territories to I
meet liim at Washington early in May
of next year to discuss means to con- I
serve the natural resources of the
! country, which, he says, "are beconv
■ lng depleted, and, in not a few cases, 1
entirely exhausted." These resources, j
! In the president's language, are "mln
, era) resources, the resources of the
land and the resources of the waters
In every part of our territory."
CAMERON COJNTY P«ESS, THURSDAY, DECEMBER 12, 1907.
BRYAN AND THE TARIFF.
Democratic Leader Playing Politics in
His Speeches.
Mr. Bryan would have the tariff re
vised right away. At least he talks that
way. Maybe he would talk differently
if his party were In power. Ho would
then be obliged to look at the matter
in what in politics is called a practical
light. As the matter stands, he is look
ing at it purely in the light of party
advantage. Not relief for the people
from heavy schedules, but embarrass
ment for the Republicans in the na
tional campaign is his object.
We should see some all-around poli
tics played with the tariff if the Re
publicans could be badgered into tak
ing it up next month. The Demo
cratic programme would be as plain as
a pikestaff, and be followed strictly.
Mr. Bryan might be tempted to appear
and direct operations from the cloak
rooms of the house. Delay would be
the word from the outset. A long ses
sion—reaching into September if pos
sible—would be the aim of the mi
nority. No bill until fall, so as to
leave as little time as possible for the
majority to explain the performance
in full from the stump. Such tactics
were employed in 1890 against the Mc-
Kinley bill, and had much to do with
the Republican defeat that year. The
voters repudiated the bill in a few
weeks after its enactment into law,
and yet six years later elected its
author president, with Instructions to
assist in the writing of a new law
upon the same line::. This vas dene,
and that lav/ h; now ten years old.
Mr. Hryan's demand is all the poli
tics that now remains in the tariff is
sue for his party. Tariff revision is
assured at last. The most stubborn
of the stand-patters must now con
cede that new schedules are on tho
cards. In their national platform the
Republicans next year will declare
themselves, and the work then prom
ised will probably be performed at an
extra session of the Sixty-first con
gress, called for that express purpose.
During the campaign we shall hear
something about protection and free
trade. Mr. Hryan and his friends will
argue from the assertion that protec
tion is the mother of trusts, and that
the surest means of dealing with
trusts is to destroy protection. The
j Republicans should welcome that de
| bate—should welcome even (he most
veiled attack on a system which
I stands so thoroughly justified by ex
j perience. If protection cannot be de
| fended, nothing can be. It was never
| more deserving of the title "the Amer
l ican .policy" than it is to-day, with
| America, under its application, in the
j front rank of producing and flourishing
J nations. —Washington Star.
Increased Export of Manufactures.
An interesting and important phase
of the statistics of our foreign trade
is the largely increasing share which
| manufactured articles bear to our ex
i ports. For the first nine months of
| this year manufactures were just
j short of 44 per cent, of our total ex
j ports, having never before been 40
i per cent., and having been from 15 to
| 20 per cent, a quarter of a century
| ago. The figures show the growth in
j amount front $10,000,000 per month in
J I.SBO to $03,000,000 per month in tlie
first three quarters of this year. Iron
! and steel manufactures form the
i largest item, being $146,000,000 for the
; nine months, while prior to 1897 the
| year's total was not $50,000,000.
The increasing ratio of manufac
| tures in our exports is a good sign,
j since the higher the process is car
! ried and the more finished the article
I the more employment is given to labor
| and the larger proportion of the value
1 represents wages. Coincident with this
i feature is the increase of tropical and
I sub-tropical products imported into the
j United States. These products rep
resent not only food, as we are apt to
think, though coffee, cocoa, sugar,
fruits and nuts form a large part of
j them. There are also crude materials
for manufacturing, such as india rub
i ber, fibers, gums, barks, raw silk and
tobacco. The importation in increas
ing amounts of these materials de
notes industrial growth, but is not so
clear an outcome of it as the more
impressive enlargement of the manu
i factured exports.
Very Much Alive.
"Whatever, other effects the panic
may have, it has at least dealt, a death
i blow to the tariff superstition." Thus
the New York Evening Post, mean
ing the belief of protectionists that
when production and consumption are
at high-water mark; when labor is
fully employed at high wages; when
the tilings that labor makes find a
j ready market; when the wages that
j labor earns find their way quickly into
trade channels—that in these condi
tions prolonged and disastrous panics
I are impossible. Yes; protectionists
| believe all this. They believe it more
than ever since they have seen the
worst money panic the country iias
, known for 14 years disappear inside of
i five days. The tariff had nothing what
; ever to do with bringing on this finan
cial flurry, but it had a tremendous
! lot to do with quieting it.
Exports of Gold.
A million and a half dollars of gold
| went in one shipment to Germany last
week. This is described by the ship
per as "a special transaction, having
i no bearing on the foreign exchange
situation." Nevertheless it directs at-
I tention to the coincidence of increased
imports from Germany, decreased ex-
I ports to Germany, and a heavy ship
j ment of gold to Germany. Shipments
• <ff gold in the four months ending with
September have aggregated nearly
$.".2,000,000, In three of these months
the German treaty has been in opera
j tion.
NEARLY 400 MtK ENTOMBED
AN APPALLING CATASTROPHE AT
MONONGAH, W. VA.
Explosions Wrecked Two Mines and
of 380 Men Employed Therein, Only
a Few Escaped with
Their Lives.
Monongah, W. Ya. —Twenty charred
and blackened bodies lying in the
improvised morgue prepared near
the entrance to the mine, five men
hovering between life and death from
the awful bruises sustained and the
deadly gases inhaled, in a temporary
hospital into which one of the com
pany buildings has been transformed,
and 300 men imprisoned by tons of
coal, rock and mine debris in the
depth of the hills surrounding this
mining town, with the chances all
against a single one of them being
alive is the most accurate summary
obtainable of the results of a mine ex
plosion Friday which in all probabil
ity was attended by greater loss of life
than any former disaster in the his
tory of the bituminous coal mining in
dustry of America.
Six dead bodies had been taken from
mine No. 0 at midnight and 05 others
were*piled up in the entry, awaiting
the completion of facilities for bring
ing them to the surface. From mine
No. 8, at the same hour, 14 boilies had
been removed and a number of others
are ready to be brought out as soon as
arrangements can be completed.
The explosion occurred shortly nfter
10 u. m.after 380 men had gone to
work'in the two mines affected. These
mines are Nos. 0 and 8 of the Consoli
dated Coal Co., located on opposite
j sides of the West Fork liver, at this
j place, but merged in their under
; ground workings by a heading anil on
I the surface by a great steel tipple and
| bridge.
The mines are owned and operated
1 by the Consolidation Coal Co., of Balti-
I more. General offices are located in
j Baltimore and the operating offices in
| Fairmont, W. Va.
BOND ISSUES ARE REDUCED.
Only $25,000,000 Panama Bonds and
$15,000,000 of 3 Per Cent Certifi
cates to be Sold.
Washington, D C. —The secretary
| of the treasury has accepted bids for
the Panama canal bonds to the amount
ol' $25,0ut),000. The average price of
all the bids accepted is 103. Under
1 the terms of the law and the secre
tary's acceptance of these bids, the
i allotments of bonds to individuals and
j institutions will be confined to the
small subscriptions from SIO,OOO to
; S2O.
I The allotment of the 3 per cent, cer-
I tificates will not exceed $1 .">,000,000.
) Those have been confined to national
j banks throughout the country which
j were in position to at once take out
additional circulation, this being a
measure designed to afford immediate
relief, inasmuch as a considerable time
would necessarily elapse before the
Panama canal bonds could be put on
the market.
SOLDIERS GO TO GOLDFIELD.
Troops are Sent from Frisco to a
Nevada Mining Camp.
San Francisco, Cal. Soldiers of
the Twenty-second infantry from
Angel Island and the Presidio, about
250 in number, left Friday for Gold
field.
Gen. Funston was at army head
quarters attending to the details of
the transportation of the men under
command of Col. Reynolds. The gen
eral will remain here unless the situ
ation at Gold field becomes so serious
that more troops have to 'be sent. In
that event he will take command of
the men.
Goldfield, Nev. —Despite the sup
pressed excitement among the miners
over the ordering of troops here, they
are keeping the peace in every way.
NATIONAL LAWMAKERS.
Proceedings of the Senate and House
of Representatives.
Washington.—Both houses of con
gress devoted their sessions on the
3d to hearing the reading of the pres
ident's message. No business of im
portance was transacted.
Washington.—ln the senate on the
lth nearly 1,000 bills were introduced
in a few hours. No other business ot
importance was transacted. The house
was not in session.
Washington.—The senate on the sth
j elected Senator Frye, of .Maine, presi
[ dent pro tern. .Many bills were intro-
I duced and adjournment until the 9th
| was taken. The house was in session
! ten minutes and adjourned until the
9th.
REVIEW OF TRADE.
Volume of Retail Business Is Fairly |
Large, but Many Factories
are Idle.
New York City—R. G. Dun & Co.'s
Weekly Review of Trade says:
Further improvement in the finan
cial situation is facilitating the return
of normal conditions, but there is still
a great deal of idle machinery at mills
and factories. In the leading indus
tries a disposition is shown to defer
production until there is no probabil
ity of cancellations anil consumers
show an inclination to place orders
for forward deliveries. Retail trade
is fairly well maintained, demand for
holiday goods assuming seasonable
proportions and collections are more
prompt.
Steele's Victim Dies.
Boston, Mass. —Edward Cohen, of
Lynn, president of the Massachusetts
state branch of the American Feder
ation of Labor, who was one of three
labor leaders assailed by an insane
man in the state house Thursday, died
Friday. John A. Steele, of Everett,
who did the shooting, is in jail in de
fault of SIOO,OOO bail.
Fort Pitt National Bank Fails.
Pittsburg, Pa.—Tho Fort Pitt na
tional bank, one of the oldest financial
institutions ol the city, failed to open
for business Friday. The bank vcas
closed by the comptroller of currency.
Ever Hear It?
Julius Tannen, the cleverest mon
ologist on the vaudeville stage (we get
space rates for this), sprung this one
on us the other day;
"Two uncles of mine from Chicago
came to New York the other day, and
I showed them the town. I had a date
on the top floor of the Flatiron build
ing, and they stayed below while I
went up. When I finished my busi
ness I looked out of the window to
see if they were waiting for me. Final
ly I spied them—but you know how
small people look from such a height?
Why, my uncles looked like ants—"
Groans interrupted the speaker at
this point, so we never learned what
the story was about. Cleveland
Leader.
A Terrible Shock.
Great Editor's Wife —I regret to
say, sir, that my husband is sick, and
cannot see anyone.
Caller (sympathetically) What
seems to be the matter?
"I don't know; he has not uttered a
word since he came in; he has re
ceived some terrible shock."
"Ah, I see. He probably ran across
some man who never heard of his pa
per."—N. Y. Weekly.
What Stung Him.
Mrs. Wayback—l notice these here
submarine torpedor boats are named
after stingin' things mostly.
Mr. Wayback—Ye don't say? Won
der If any uv them arc yet named
"Soap Agent," "Portrait Solicitor,"
"Rheumatiz Specialist," or "Patent
Churn Peddler." —Puck.
THF. FOOTBALL SCRIMMA^S.
Gladys—l thought you said Horace
was very popular.
Evelyn—So he is—one of the most
popular men in college.
Gladys—That's funny. Everybody
seems to be down on him now.
Great Turn.
He turned up liis trousers, he turned up
his hat,
Kre he started away to propose:
But the sensible maiden snubbed him
flat-
When she icily turned up her nose.
—Chicago Daily News.
Good Catch.
Eva —If a young man should come
down the road?
Katharine (with camera) —I should
snap him.
Eva —Suppose a real handsome
young man should come down the
road?
Katharine —Oh, then I should snap
him up.—Chicago Daily News.
Just a Hint.
Reggy Sapp—Yeas, weally, while I
was in New York I spent much of my
time in the subway and the river tun
nels. Big bores always interest me.
you know.
Miss Tabasco (glancing at clock)
Well, er—big bores don't interest me!
—Chicago Daily News.
Sampled Things.
Patience —Did you ever attend a
cooking school?
Patrice —Oh, yes; I've had that kind
of dyspepsia, too!—Yonkers States
man.
Somewhat Sarcastic.
Miss Upson—My- ancestors came
over in the Mayflower. Did yours?
Miss Cutting—No; I have the ad
vantage of yott there. —Chicago Daily
News.
Always Strong.
Church —They say the human voice
is stronger in the morning than it is
at night.
Gotham- —I can't see any difference
in baby's!—Yonkers Statesman.
I
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