Getting How N ;;S orm
Money Their Work
By JOnN M. OSKISON. Chicago
BMU mmm^mmmmam■■
of a "money trust" in this country has been inspired largely
H by the operations of "underwriting syndicates."
H These groups of bankers have come to mean more and more
in the financing of the country's industries. Their operations
have enlarged at the same time that their co-operation with each other has
become closer.
Whatever may be thought of the morality of this method of financing
the needs of our railroads and manufacturing enterprises, the reason for
the growth of underwriting syndicates is plain. They represent the reser
voirs of ready capital. To them flow thousands of'streams, big and little,
of monev seeking safe investment. To them come tlie managers of busi
ness requiring millions, and the managers come to them because it is the
quickest, easiest, and (sometimes) cheapest place to get money. For in
stance :
New York's transit needs are pressing and great. Two extensive new
systems of subwavs have been planned. 'I heir construction and equipment
will cost nearly $400,000,000. After long discussion the city officials de
cided that this sum should not be raised by the city itself, and so private
bankers were asked to raise the money. The house of J. P. Morgan &
Co. made an offer to finance one system calling for the expenditure within
ri few years of $170,000,000. Bonds running for fifty years and bearing in
terest at the rate of 5 per cent, are to be issued. J. P. Morgan & Co. are
to pay the city SOSO for each SI,OOO bond.
Because the loan would be too heavy for one house to carry, «T. P. Mor
gan & Co. have asked other bankers to take a large part of the bonds for
$960 each. A syndicate, agreeing to hold together fur five years, will lie
formed, and its members will sell to investors the amount of bonds allotted
to each as they are issued. Probably the prices received will represent a
good profit for each.
In no other way, say the hankers, could a project needing so much
money get it promptlv and on such good terms. In no other way, they
say, can the millions belonging to widely scattered investors find invest
ment. Upon the hankers falls the duty of seeing that the loan is secure.
A few failures to do this, they say, would dissolve the "money trust" quick*
r than any moral action —and that view seems logical.
Is
Pity
\V holly
a Good
Thing* ?
I By FRANK CRANE, Chicago
IIM I
conceivauie excruciation. we are iiu*
heirs of centuries of this kind of training. Sensitiveness to pain has
become our chief mortal force.
The history of civilization is the story of a long conflict with pain.
We house the sick in hospitals and provide asylums for the unfortunate.
Mankind's most boasted medical achievement is the discovery of anes
thetics.
Wo have societies for the prevention of cruelty to animals. Our mod
ern theology has abolished the tires of the next world.
We have even produced a sect thnt denies that there is any suffering
in this world; like the Albany legislator who, disgusted with the crin»e
of bigamy, determined to put a stop to it and introduced a bill: "Be it
resolved, That the crime of bigamy be hereby abolished." Nappy thought!
But I would like to put one little interrogation point: Is pain after
all a bad thing? And is pit}' wholly a good thing?
Queer
Tangle in
Many of
Marriage
Laws
By MOORFIELD SiOkLY ~
Boston. Mass.
——
husband and wife or parent and child, while, of course, the descent of
property may be very much embarrassed by questions arising from the
conflict of laws on this subject.
There is a strong movement to promote an organization in the various
states, and on some subjects this uniformity has been secured.
I should be glad to see a strong public opinion organized, which will
insist upon uniformity in the laws which regulate marriage and divorce,
and I trust that any efforts made in this direction will be successful.
Good
Training
For
Business
Is Ignored
Br LEWIS MXON
Former Ship Builtfer, New York
" ""J fc"* nvcu uugin at ira"
to know enough of the social, religious and political customs and the lan
guage of the people with whom he may one day have to do business to
whet his appetite for more. This is a business age.
The average American school boy, after eight years In public school,
doesn't know where the principal cities iu the United States are located.
Perhaps the most marked trait of hu
man nature in modern times, and that
which distinguishes it most from human
nature in ancient times, is pity.
It was the main contents of the Chris
tian religion for over a thousand years.
Almost all medieval religion can he
summed up in that one word, pity. The
good works most emphasized consisted in
giving alms to the poor. The walls of the
old churches are covered with languishing
saints. The sufferings of the martyrs
were wrought into works of art in every
conceivable excruciation. W'o are the
I am very much interested, as every good
citizen must be, in promoting the adoption
of uniform laws on the subject of marriage
and divorce throughout the United State3
The present situation is very dangerous,
for persons who are legally married accord
ing to the laws of one state may find that
in another state their marriage is not recog
nized, and the effect upon the status of
children may be most disastrous.
The consequence is that mistakes in this
matter often fall Tipon persons who are en
tirely innocent, and great confusion is likely
to exist in regard to the delicate relation of
As far as fitling our children for business
is concerned, the public schools of the
United States are far inferior to those of
European coutries and far inferior to what
they should be.
They are particularly deficient in foreign
language instruction.
The systematic education of 5)0 per cent,
of our public school children ends with their
graduation.
Commercial methods and foreign lan
guages must be made part of the public
school course.
A boy or girl of fourteen ought at least
WM.A.RADFORD.-^
Li 1 »'■ ---- ' . n.i ■ ■■■ -.•*==£•
Mr. William A. Radford will answer
Questions and give advice FREE OF
COST on all subjects pertaining to tlie
subject of building. for the readers of this
paper. On account of his wide experience
119 Editor, Author and Manufacturer, he
is. without doubt, the highest authority
on all these subjects. Address all inquiries
to William A. Radford. No. 17S West
Jackson boulevard, Chicago, 111., and only
encloM two-cent stomp for reply.
Sometimes It Is necessary to build
a house to fit a narrow lot. As a
general thing lots are deep enough to
hold almost any kind of a house. Few
lots In American cities are less than
one hundred feet, from front to back,
but because of expensive street im
provements they are often squeezed
sideways until houses get to be very
close neighbors. It Is unfortunate
that It is so but we have to take
conditions as we find them and make
the best of it. Sometimes these nar
row lots are In very desirable neigh
borhoods, convenient for transporta
tion and convenient for other reasons
and by building a house to fit the lot
such property may be made very com
fortable and attractive.
This design shows a house only
eighteen feet wide, but the length is
thirty-eight feet 6ix inches, exclusive
of the front porch. Such a shape nec
essarily requires that one room shall
follow another, sometimes with a very
long dark narrow hall, but this plan
avoids that difficulty by putting a
room at the back end of the hall and
by connecting the kitchen with the
dining-room by way of the pantry.
Then the upper part of the house Is
laid out with a bedroom In each end
and a bathroom opposite the upper
hallway in the center. This arrange
ment requires that the bathroom shall
be lighted by a dormer window, Ihe
design of which is very neat and at
tractive. It adds a great deal to the
appearance of the house because it is
ornamental as well as useful. Such
attachments make up the difference
between a common cheap looking
house and a satisfactory, useful, orna
mental habitation that is at once very
pleasing and interesting.
So-called cottage houses with one
gable end towards the street are as
common as house flies in the cheaper
sections of some cities. You may
count them by the hundreds and they
are all practically alike; cheap tene
ment looking affairs, each house try
ing to look as near like its neighbor
as possible, without any attempt at
Individual ornamentation. The front
yard is usually bare of grass and
there is a broken board walk at the
side. Generally such houses are
boxed In with some kind of a wooden
fence that shows signs of weather
wear and the dilapidated breakage
caused by children at play.
A neat design like this costs very
little more, but what a difference in
FERN ROOM V^3P|F|
PANTB VI 11
I DININOEU3M|!
I \
PbJtCK
K -| 112 ,l>
Fir»t Floor Plan.
appearance. The shape of the roof
end the corresponding roof over tbe
front porch with th« proper placing
of windows make the difference in
the outside appearance. The colors
used in painting of course have a
good deal to do with the final finish.
A good combination of light shade of
paint for the body with darker trim
mings carefully chosen to properly
match show to great advantage in
the finish of one of these houses.
It costs a little more when building
a porch roof to give it so mucb pro
.lection, but you have got to do some- |
thing out of the ordinary or when
the house is done' you are not satis- \
fled with It.
Every house should be built with [
modern improvements whether the
house Is large or small. More atten
tion is being paid to bathrooms with
hot and cold water connection than
ever before. The time will soon come i
when a'house won't rent or sell unless 1
it has what are generally termed mod
ern improvements. I have known :
small houses to rent for eight or ten
dollars a month and I have known
houses that cost very little more to
| (KPCoom I 1 .
J I>r.r EtooM '
|
Second Floor Plan.
! rent for double that amount simply
i because they were built attractively
I and contained modern means of heat
> \ ing and with plumbing connections
I so the different members of the fam
. |Uy could keep themselves clean,
i ! a great deal depends on the plan
i ias well as the convenience and the
■ i outside appearance. It is an art that
; I seems difficult to acquire, the build
■ i ing of small artistic, comfortable
■ ! houses, but it is an art well worth
studying.
» Such houses should be a great deal
i more common than they are. It
• i would prevent families who like to
1 live nicely from crowding into flat
' buildings where they have neither
! light nor sufficient air. This is an
j other excuse for narrow lots. A flfty
j foot lot would hold two such houses
and make comfortable living quarters
for two families instead of one.
IN TENEMENTS OF CARACAS
Portion of South American City That
Has Witnessed Many
Vicissitudes.
• In the struggling, shabby out
skirts of the old part of Caracas one
may still trace the necessities of the
strenuous days when a man's house
had literally to be his castle, and no
mere legal theory could protect it
against the lack of physical invulner
ability. One may still see the dishev
eled angles of defense, the entrants
and re-entrants, sometimes a notched
wall, and occasional!.? an overhanging
machicolation, through the floor of
which hot oil, water or molten lead
could be trickled on the heads of the
invaders.
Often there are loopholes, now plas
tered up with sunbaked mud, while
here and there the faded, stained walls
show the gouging spatter of some bul
let, the souvenir of a stray revolution
or perhaps merely the remnant of
some brief but conflicting love affair.
The once gay red-tiled roofs are black
ened and askew with age, and wisps
of desiccated verdure sprout from be
tween the cracks; ranks of shabby,
rusty-black buzzards gather on the
walls, scrutinizing in solemn vigilance
the clattering slatterns about the patio
well-curb, nursing their charcoal fires
or beating clothes, while their plump
and naked babies shuffle together con
tentedly in the dirt. It Is the tene
ment-house district, the \Vhlte-chai>el
of Caracas. —Charles Johnson Post, in
the Century Magazine.
Between Girls.
"Say, Mayme, I've got a new beau."
"Is he handsome?"
"Handsome? Say, Mayme, he's got
a mustache that might have come out
, of Oulda's novels."
ONLY THING IS TO FIND HER
Every Man Has an Affinity Somewhere
on the Earth, Is a Law of
Nature.
Every man has a best girl waiting j
' for him somewhere in the world. The |
| moment that he is born, the catalogue
i clerk in Time's great factory assigns
i him to a best girl or else puts him on
I the waiting list.
| There is no escaping your best girl.
I No matter where she may be born or
j how far apart from her you were when
i you started, the inevitable attraction
I will work your destiny, and when you
j meet you will both know it.
All that is lacking is the material
! realization, and inasmuch as all ideas
j eventually find their way to the sur
! face, yours is bound to come.
| Sometimes a man's best girl is home-
I ly; sometimes her mouth is not a
cupid's bow, and her features are lr
j regular; that makes no difference; he
j will love her just the same when he
i meets her.
Also, she may be nnother man's
wife. Such things have been known.
Here's hoping that it will not hap
] pen to you.—Life.
BREAKING OUT ON HEAD
1306 Stafford Ave., Scranton, Pa. —
! "My boy took a breaking out first on
his head and it spread all over his
j face and was even in his eyes. It
: started on his head like little blisters;
i they filled with water and then a scab
! came until it spread all on one side of
his face and head. It was on his neck
and shoulder. He was crazy with itch
| ing and we could not sleep at night
| with him from scratching. I thought
he would be blind in one eye. His eye
j lid was pulled down. I put rags on
i his hands to keep him from scratch
ing. He would cry and kick all night.
His hair came out gradually and his
face was all disfigured.
"I put everything I heard tell of on
him but the child was no better so I
j thought I would try Cuticura Soap and
j Ointment. In three days I saw a
change, so 1 kept on using them for
four months until he was entirely
i cured. He has no marks now and his
hair is lovely." (Signed) Mrs. Henry
Allen. Apr. 20, 1912,
Cuticura Soap and Ointment sold
throughout the world. Sample of each
free, with 32-p. Skin Hook. Address
post-card "Cuticura, Dept. L, Boston."
Proof.
Drummer (In wine) —Have you
, tasted that sample of wine I left with
j you. madame?
Madame —No, I haven't, but I don't
think it can be any great shakes, for
: it's been here three days and the
servants have barely touched it. —I'ele
i Mele.
.
Cause of His Plight.
Mrs. Henham —Did you ever have
i more money than you knew what to
i do with?
Henham —I don't remember it, but
I must have had. or I wouldn't have
got married. —Capitols Capital.
Important to Mothers
Examine carefully every bottle of
CASTORIA, a safe and sure remedy for
Infants and children, and see that it
Signature
In Use For Over 30 Years.
Children Cry for Fletcher's Castoria
Terms of the Game.
He—Dearest, you're the goal of my
affections.
She (removing his arm) —Five yards
i for holding.—Harvard Lampoon.
To remove nicotine from the teeth,
disinfect the mouth and purify the
breath after smoking, Paxtine is a
boon to all. At druggists, 25c a box
! or sent postpaid on receipt of price by
j The Paxton Toilet Co., Hoston, Mass.
The florist says palms come in
1 handy.
__ _ - - - 4
jjgjj To Fortune and Happy Life
rr" in California
Messrs. J. S. & VV. S. Kulin, tlie Pittsburgh hankers, are
• doing in the Sacramento Valley what the U. S. Government
- is doing elsewhere for the people.
There 13 ten times more net profit per acre in California
g3teMsE§ irrigated land than in the East and with less labor.
Let us take you where there is comfort and happiness
besides profit, climate equal to that of Southern Italy,
fflipfVZZ- no frosts nor snow, no thunderstorms nor sunstrokes.
jOgfenß Let us take you where big money is noiv being made, BPi&tll
jMpPPj markets are near, demand for products great and income BEfJgjH
*-et u ' ta ' cc y°" "'here railroad and river transportation W' [,
j is near, where there are denominational churches and j^gl§pß
Noiu is the time to buy this land —get in with the winners,
ji jFv , ' >e K reat Panama Canal will soon be ready and y<ou can
—share in its triumphs; farms are selling rapidly, and we
strongly urge you to purchase as soon as possible. ?*•?_'Lajßte
- You can buy this land on very easy terms—sls.oo an
acre nmv and the balance in ten yearly payments.
Give us an opportunity to take up all details with you
» SiaP —write us no-vc. /;
Sf Let ussend you our fine illustrated printed mutter telling all
jßrtklijY'' about it. Write for it at once —it gives you absolute proofs.
KUHN IRRIGATED LAND CO. Kflg^
Dept. 134
' 001 FIFTH AVENUE NEW YORK. N. Y. <
RECORD OF I
I GREAT MEDICINE
Doctors Could Not Help Mrs.
Templeton Regained
Health through Lydia E.
Pinkham's Compound.
Hooper, Nebraska.— "I am very glad
to tell how Lydia E. Pinkham's Vegetable
Compound has helped me. For five years
I suffered from female troubles so 1 was
scarcely able to do my work. I took doc
tors' medicines and used local treatments
but was not helped. I had such awful
bearing down pains and my back was so
weak 1 could hardly walk and could not
' ride. I often had to sit up nights to sleep
■ ar.d my friends thought I could not live
long. At my request my husband got
> me a bottle of Lydia E. Pinkham's Veg
etable Compound and I commenced to
take it. By the time I had taken the
seventh bottle my health had returned
and I began doing my washing and was a
well woman. Atone time for three weeks
I did all the work for eighteen boarders
with no signs of my old trouble return
ing. Many have taken your medicine
1 after seeing what it did for me. I would
1 not take SIOOO and be where I was. You
have my permission to use my name if
it will aid anyone. "—Mrs. SUSIE TEM
' PLETON, Hooper, Nebraska.
ThePinkham record is a proud and peer
' less one. It is a record of constant vic
tory over the obstinate ills of woman—ills
• that deal out despair.
112 It is an established V\| <3 O
fact that Lydia E. Jjj/ ,&* , \
Pinkham's Veget a- S/
ble Compound has re- fj 1j
stored health to thou- 11 ¥ I
sands of such suffer- fjA
ing women. Why \Vj\
1 don'tyou try itif you
J needsuch a medicine?
r Constipation
Forever
112 Prompt Relief —Permanent Cure
. CARTER S LITTLE
I LIVER PILLS never
fail. Purely vegeta
„ ble act surely ar>Tcn'fT
but gently on
the liver. JgKSj,v&P S JTLt
Stop after AZ&BSsT 9 IVER
, d uner dis- S « S ~
1 tress—cure
improve the complexion, brighten the eyes.
1 SMALL PILL, SMALL DOSE, SMALL PRICE,
Genuine must bear Signature
A WONDERFUL DISCOVERY.
In this HK'c of research and experiment. all nniiira
j Is ram acked by the scientific fort he comfort and hap
pinessof man. Science has indeed made giant si rides
In the past century, uml among »ii • '.> no means
t least 1 mportunt —discoveries in m«dicine is thai of
1 Theranion. w Inch has been used null great success in
a French Hospmiis and tliat it is worthy tin* attention
ot those who suffer from l.idney, bladder. nervous
diseases, chronic *eaknesse- ulcers, skin erui tions,
piles, Ac., there is no doubt. In fact it simisevident
irom the hig stir created amongst specialists, that
TKERAPiON Is destined to east int. oblivion all
those questional)!" remedies that were formerly tiio
112 sole reliance of medical men. It is of cm:rw impos
_ bible to tell sufferers ail we should like to tell them
r in this short article, but tho e who world lie to
t know more about this remedy that has effected so
many—wo micht almost sav, mlracrVns cries
112 should s.-nd addressed envelope for KUI K hook to
Dr.Leilerc Med.< 0.. II iverstock Road, li.itupMend,
l<ondon. Krg. and decide f«»r tbeinseiv wC T her tho
NE >■ 1- !••:.. H K. U;F!V "THERAPION" NO 1 No
or No. Bis what they require and ha\e been seeking
In vain during a life of misery, suffering, iII health
% nnd unhnppiness. The rani on >s sold hv dri'iim'ts or
4 mail lI.UU. Fougero Co., iH) Heckman M New York.
DAISY FLY KILLER »'£,? p-jp m
X B-iiiOLD SOilfcHb, 150 D«£alb Av».. Brooklyn. N. Y.
J EfiRW MONEY NUnSoJu
riIILADKLIMIIA bCUOUL 1"»U v I li>l'>
2?.»7 ('hotuui Mreet Philadelphia, Pa.
1 W. N. U., NEW YORK, NO. 31-1912.