Newspaper Page Text
THE MINNEAPOLIS JOURNAJB
PRICE TWO CENTS.
His Tariff Bill Is Favorec m
APPROVAL IS GENERAL
Wisconsin Member Will Urge His
Hill at the Next Session.
HE COUNTS ON POPULAR SUPPORT
Agitation May Help Hi« Ambition to
Kepreitent Hi« State in
Tram The Journal Bureau, Room: 43, Tost
Washington. May l.—Representative
Babcock of Wisconsin does not hesitate to
say that in his opinion the tariff will be
the leading issue ia the next presidential
campaign, and he maintains that in taking
the stand be does in favor of the removal
of the tariff on steel and other trust arti
cles, he is doing the republican organiza
tion an important service.
The arguments advanced by Mr. Bab
cock to prove that his position is logical
and a long step in advance of present-day
ideas need not be repeated here, for they
are by this time familiar to all news
paper readers. The significant thing at
this time is the rather startling and very
important fact that in the western states,
beginning with Indiana and Ohio and con
tinuing west from there to the foot of the
Rocky mountains, republican sentiment in
favor of the Babcock idea is rapidly gain
Wherever the Babcock bill has been dis
cussed in the public prints the discussion
has been in Its favor, whether the articles
were written by republicans or by demo
crats. Wherever the politicians have con
gregated informally inside the district re
ferred to, Mr. Babcock has been strongly
indorsed. Influential republican newspa
pers in Ohio, Indiana. Illinois. lowe, Wis
consin, Minnesota, the Dakotas, Kansas
and Nebraska, to say nothing of demo
cratic newspapers in the Atlantic coast
states of the south, have discussed the
Babcock bill in a most serious way, and
not one thus far has condemned it. The
large majority has indorsed it unquali
Rspublicansfrom the states named who
have been called to Washington this
spring on public or private business, when
asked about the Babcock bill, have uni
formly replied that it seemed to be a
favorite in their several localities. Mr.
Babcock himself has received many hun
dreds of clippings from republican news
papers in all parts of the country, nine
out of every ten of which are friendly in
tone, and in addition to this he has re
ceived hundreds of letters, many of them
from men of whom he never had heard
before, indorsing his position and wishing
him success. Many of the writers of these
letters are politicians, and in their sev
eral homes are officially connected with
the republican organization in some way
or other. Some of the writers are dis
tinguished publicists, most of whom are
from the east, who tell him that in their
judgment the time is now at hand when
\he republican party, if it is to remain in
;ontrol of the government, must adopt the
Babcock idea. "In no other way," says
one of these letters, "can the principle
of protection be maintained."
What the outcome will be nobody can
foretell at this time. Mr. Babcock will
introduce his bill in congress next De
cember and it will be referred to the
ways and means committee. As at pres
ent made up—and there will be few if any
changes in its personnel next winter —
the committee is overwhelming opposed
to the principle which the Babcock bill
seeks to establish. Last spring, when
the bill was introduced, every republican
member of the committee save Mr. Bab
cock strongly opposed it. Xot only that,
but these members grew facetious and
cynical when they referred to it.
But that really means little. If, as
there is now a strong probability, senti- j
ment in favor of the bill should strongly
develop In the west, which for two presi
dential campaigns has been the debatable
ground of the country, and bids fair to
continue so for years, congress will be
compelled to give it a respectful hearing,
and the ways and means committee will
have to report it to the house as a pre
liminary to a long and earnest debate.
Mr. Babcock is counting strongly on
popular support from the west, and he
has his friends at work in several of the
states preparing for an opening next year.
He thinks that the opening will come,
and thet in some of the strong republican
states, such as lowa. Minnesota and the
Dakotas, his own state of Wisconsin, and
perhaps in Illinois, Indiana and Ohio, the
Continued on Second Page.
ROUTE TO BE TAKEN BY PRESIDENT McKIXLEV
L Washington. Virginia—2. Alexandria. 3. Charlottesville. 4. Lynchburg. 5. Roa
noke Alabama—6. Hunuville. 7. Decatur. 8. Tuscumbia. Tennessee—9. Memphis. Mis
sissippi—lo. Vicksburg. 11. Jackson. Louisiana—l 2. New Orleans. Texas—l 3. Houston. 14.
Austin. 15. San Antonio. 16. El Paso. Arizona—l 7. Maricopa. 18. Phoenix. California—
19. Redlands. 20. Los Angeles. 21. Santa Barbara. 22. San Jose. 23. Santa Cruz. 24. San
Francisco. 25. Stockton. 26. Sacramento. Oregon—27. Ashland. 28. Salem. 29. Portland.
Washington—3o. Olympia. 31. Tacoma. 32. Seattle. 33. Spokane. 34. Walla Walla. Mon
tana—3s. Butte. 36. Helena. 37. Cinnibar. 3S. Yellowstone Park. 39. Anaconda. Idaho—
40 Pocatello. Utah—ll. Salt Lake City. 42. Ogden. Colorado—43. Glenwood Springs. 44.
Denver. 45. Omaha. 46. Chicago. 47. Buffalo. 48. Niagara Falls. 39. Philadelphia.
President McKinley To-day
Is in Mississippi.
PEOPLE BY THE ACRE
Among Places Visited Are Vicks-
burg and Jackson.
PRESIDENT'S NOTABLE SPEECHES
Hia References to tbe Orient a« a
Market for the South Attract
Vicksburg, Miss., May 1. —Through the
valley of the Yazoo the presidential spe
cial sped southward to-day to New Or
leans. Although the president and hie
party did not reach the train after the
big demonstration at the Memphis ban
quet last Eight until after 1 o'clock, the
president was up early this morning.
Several times he appeared on the rear
platform and acknowledged the cheers of
the crowds at the small stations.
Among the members of the cabinet, the
president's speech last night, with its
pointed allusions to the principle of sub
sidies as a means of enlarging transporta
tion facilities for the expanding trade of
greater America, with the brilliant pic
ture he drew of the commercial possibili
ties in the orient under the "open door"
policy in China, to which his administra
tion has secured the adherence of the
other powers, is regarded as an exceed
ingly important utterance and one that
will instantly rivet the attention of the
country. His reference to the action of
the Tennessee legislature, which half a
century ago claimed that the cotton trade
of the orient belonged legitimately to the
south, is considered particularly forceful.
Share in Prosperity.
In reply to the welcome extended by the
mayor and citizens, the president spoke as
It gives me very great pleasure to receive
the official greeting of the mayor and the
warm-hearted touch of the people as they
give us greeting to this historic city. The
highest expression of satisfaction at this most
cordial reception is Id the single word, that
you make me feel at home. Nowhere in my
native state of Ohio could I receive warmer
or more sincere welcome than I have received
at the hands and from hearts of the people
of Mississippi and in the moment that I have
to enjoy with you I can only make my ac
knowledgments and congratulate you on that
you share in the universal prosperity and
contentment so characteristic at this time of
every part of our common country.
We know that whatever others may say or
think this to us and for us is the best, coun
try in the iwrld. It is the land we-Jove and I
it is the land of possibilities and of oppor- !
t-unities to every child that dwells beneath I
the folds of our flag. I have been glad not :
only to be greeted by the veterans of the
Grand Army of the Republic, but by the Con
federate veterans and by the people at large,
but no welcome could be so sweet to me as i
that of the fresh young school children of ,
the city of VicksbUrg.
To one and all I return my sincere and
heartfelt thanks and leave with you the wish
for your happiness and your prosperity.
Jackson. Miss., May 1. —The presidential
train arrived here at 11 o'clock. Acres
of people, democrats, republicans, white
and black, had congregated at the depot.
Governor Longino welcomed the president
and Mr. McKinley responded.
Memphis, Term., May 1. —The presi
dential special train pulled out of the
union station at 1:30 a. m. for Vicksburg,
which it was scheduled to reach at 8:30 a.
m. At 10 a. m. it will start for Jackson,
Miss. After a stop of a few minutes at
the latter city the special will go on to
New Orleans, arriving there at 4:30 p. m.
President DlseuMea the Extension
Memphis, Term.. May I.—This city gave
the president and his party a notable wel
come last night. There were a parade, a
reception in Court Square, where McKiu
ley spoke, a reception by the Twentieth
Century club and a banquet. At the tan
quet the president referred to the resolu
tion passed by the legislature of Tennes
see in 1847 advocating and urging the
construction of a great transcontinental
railroad to the Pacific coast. Continuing,
"That was the thought, that was the
purpose, that was the spirit of the people
of Tennessee fifty years ago—no question j
as to whether it was to be the central line
or the southern line or the northern line;
the real qjc-stion was the connection of
this great north and south of ours with
the Pacific ocean, thus leading us out to
the great markets in the orient. What
your legislature a half century ago re
solved should be done has already been
accomplished. We do not have one, but.
we have five lines connecting the Atlantic
with the Pacific —the Union Pacific, the
Southern Pacific, the Atchlson, the Great
Northern and tiie Northern Pacific, mak
ing five transcontinental lines connecting
the two oceans. The government of the
United States assisted in the building of
these roads. It guaranteed, away back in
the sixties, $64,000,000 of the Pacific rail
road bonds, and became responsible for
their payment, and took a second mort-
WEDNESDAY EVENING. MAY 1, 1901.
WfiliJ ■■ I Si^^^l|ii§Pt^^ ■•
WHERE EVERY DAY IS MOVING DAY.
Empress Dowager—No, I don't want any van; I do my own moving and choose healthy localities.
gage upon the property as security to the
"It is interesting to note In this pres
ence that within the last four years of
that debt, reaching $130,000,000, principal
and interest, belonging to the government
of the United States, $124,000,000 has been
paid into the public treasury and the bal
ance secured, thus giving us not only the
principal of the aid we gave these roads,
but interest at more than 3 per cent.
"So we have our railroads to the Pa
cific and now we are reaching out for
more trade, and for a period of years you
have been shipping your cotton to China.
"This has been interrupted a little in
the past few months, but that interrup
tion, we trust, will be speedily removed
and we will have the open door to China
on equal terms with every other power on
earth. And it is not going to hurt this
-trade that we have the Philippines."
Chicago, May I.—President McKinley
and party will arrive in Chicago at 3:30 p.
m., June 14. They will be met at the de
pot by Mayor Harrison and the reception
committee and escorted to the Union
League Club by a detachment of cavalry.
At the Union League Club an informal
reception will be held. Governor Yates
and Mayor Harrison will welcome the
president. At 7 o'clock the president and
party will be the guests of the National
Business League and the Illinois Manu
facturers' Association at a banquet at the
Coliseum. There will be 1,500 guests and
5,000 spectators in the boxes and balconies.
The president and party will leave Chica
go for the east at midnight.
Lake Embargo Declared Off
and Ore Movements
Special to The Journal.
* Duluth, Minn., May The embargo Is
oft lake shipping and freight vessels will
move at once. As a consequence ore be
gan moving over the Duluth, Mlssabe &
Northern to-day. Other roads already
have their docks so full that they are
Captain Wolvin, manager of the United
States Steel corporation vessels, returned
to-day, bringing Captain Harvey, who will
be his assistant, and is in virtual charge.
I A large office for the fleet will be arranged
in the board of trade building at once, and
a large force of clerks employed.
ADVANCES BY BOUNDS
IMON PACIFIC THE SENSATION
Determined Buying In Large Block*
. Sends the Stock Up 111%
New York, May I.—Union Pacific again
furnished the sensation of the stock mar
ket to-day, and though the movement was
much quieter than'yesterday.it still was
abnormally active. When Union Pacific had
crossed 119," the stock leaped upwards by
large fractions and a point on the pur
chas of tens of thousands of shares in
blocks of 1,000 to 5,000 shares until it had
touched 129, a rise of 12% points. - The
convertible bonds' of the company . ad
vanced in sympathy with the stock.
This unexpected outburst sent the bears
flying to cover, and, there . was: a violent
rebound - all through the market, .which
reached from 2 to 3 points in the stocks j
most nearly related to Union Pacific, or
which had been most depressed before.
North-Western rallied 4%.and Northern
Pacific 3&. \
The vibration of Union Pacific was. very
feverish below 129 down to 123 and' the
whole market was unsettled. Trading be
came much less active, dealers waiting for
more definite news' in .Union . Pacific, or
a more stable fluctuation in the general
market. B£9n •"•''■'
ROCKEFELLER TO BUILD
Will Erect Palace on the Palisades
■ Along the Hudson. • '
ymir York Sun Special Service - .
Poc«nti-?d, Hills,»N. - V., :. May ■ I.—lt - ap
pears to be a certainty that John •', D.
Rockefeller will erect a palace on the
summit of. the Hykut Hill, on bis estate
here, * this ; summer. He is now building
a . granite, stable which '.- will cost $300,00.
The house will cost ' between $500,00 and
$1,000,000, and will occupy one of the high
est sites ' along the northern bank of the
Hudson. -" It .will >be surrounded by 'a' ; pri
vate park, rolling lawns,. connected ; ter
races and Italian •' gardens. , Mr. V: Rocke
feller will spend the summer here. r •?,
LAKE STRIKE ENDS
TTouble With Engineers Practically
Settled by Concessions.
BOATS WILL RUN IN A FEW DAYS
Steel Corporation I« Expected to
Agree With Hi Men To-
Buffalo, N. V., May I.—The strike of the
marine engineers is practically settled on
a basis of mutual concessions.
The Lehigh Valley Transportation and
the Union Steamboat companies have
agreed to put on the extra men demanded
on the larger boats but not on the smaller
The United States Steel corporation is
expected to come to an agreement with
i the men to-morrow.
It is expected that all boats will be
ready to go into commission on the lakes
in a few daj's.
They Must Not Operate in Minne-
sota After Nov. i.
OPTOMETRY BOARD ORGANIZES
It Will Begin Preliminary Work at
Once—Exrnna (or .New Prac
After Xov. 1 "wild cat" and "fly-by
night" opticians will do a precarious busi
ness in Minnesota. All persons who claim
to understand and practice the art of fit
ting glasses will be required to secure
certificates of registration.
The new board, created by the Swening
sen bill, organized in St. Paul to-day. It
is called the "'Minnesota State Board of
Examiners of Optometry." The members
of the board are Alexander Sweningsen,
Moorhead; J. W. Grainger, Rochester; F.
A. Upham, St. Paul; H. M. Hitchcock,
Redwood Falls, and C. A. Snell, Minne
The Practice Defined.
The act defines the practice of opto
metry as follows.:
The employment of subjective and objective
mechanical means to determine the accom
modative and refractive states of the eye
and the scope of its functions in general.
All persons who are now engaged in this
practice are entitled to a certificate of
registration on the payment of $3 and will
hereafter pay annual dues of $2. All per
sons entering on the practice of optometry
hereafter will have to be examined by
the board, and if they pass will pay a $13
fee before being allowed to do business.
The new board as soon as possible will
send out blanks to all practicing optlciaus
in the state. After Nov. 1 it will keep an
eye out for illegal practitioners, and in
this the state association will co-operate
with the board.
Lirt'iiNcd Physicinn a Exempt.
Licensed physicians are exempted from
the operation of the law, which also does
not try to reach "peddlers ' who sell spec
tacles or eyeglasses "without attempt to
traffic upon assumed skill in adapting
them to the eye."
Violations of the law are misdemeanors,
and county attorneys are obliged to prose
cute. Justices of the peace and municipal
court judges have jurisdiction. Licenses
may be revoked for conviction of crime,
habitual drunkenness for six months im
mediately before the charge is made,
gross incompetency or infectious or con
Alexander Sweningsen of Moorhead was
elected president of the board and C. A.
Snell of Minneapolis secretary-"
FARMER'S BODY FOUND HANGING.
Special to The Journal.
Watertown, S. D.. May 1. —L, Boyce, a
farmer residing near here, committed sui
side by hanging himself in his granary
last night. Despondency was the cause.
If a girl talks over the telephone as
long as five minutes, she says "O, get out"
CONGER A "BARKIS"
If the Nomination Is Offered He Is
Likely to Accept.
HE WILL CONSULT HIS FRIENDS
Minister I» Met at Council Blnff*
Where a Banquet Is
Omaha, May I.—Minister Conger and
party arrived here to-day. Relatives from
Dcs Moines and a reception committee
greeted the party. Regarding the lowa
governorship, Mr. Conger said:
If the nomination for governor is offered
me I shall probably accept it. After consul
tation with my friends in Dcs Moinfcs, I may
be willing to strengthen the statement al
ready made, or 1 may change it altogether.
Until I have opportunity, however, to advise
with my friends, I can say nothing further.
Major Conger added he had been ad
vised of the action of Editor Perkins of
the Sioux City Journal in withdrawing j
from the gubernatorial race in his (Con
ger's) favor, and expressed his apprecia
ti6n, but he could not discuss the effect
that it might have on his own course.
Crossing the river to Council Bluffs,
Minister Conger was met with a parade
of veteran soldiers, and this afternoon he
will be given a banquet.
Forcible Protest Against the
Export Tax on
London, May 1. —At a meeting of the
Miners' Federation in London this morn
ing, attended by delegates from all parts
of the United Kingdom, is was recom
mended that all miners quit work unless
the coal tax was withdrawn.
Another meeting was called for May 7
to decide the matter and to fix a date for
the stoppage of work, should that step be
It is reported that the report of the
Miners' federation will be submitted to
the miners forthwith, and if the men ap
prove, some 700,000 miner 3 will lay down
their tools when the signal is given.
Twenty-one Buildings Taken
by an Incendiary Fire
Special to The Journal.
Mason City, lowa, May I.—Fire yester
day practically wiped out the town of
Kensett in Worth county. Two elevators,
four store buildings, a livery stable and
residences, numbering in all twenty-one
buildings, were consumed. The fire was
of iucendiary origin and started in a liv
ery stable. The loss will exceed $50,000.
BUCKET SHOP PENALTY
It Goes Into Effect To-day—Only
To-day the penalty for non-payment of
the bucket shop tax goes into effect. The
amendment to ihe war tax revenue law
provided for an additional tax of $50 per
year, making the total of $100 per year
from July 1. The first quarter tax of
$12.50 additional took effect April first, and
should have teen paid by the first of May.
The penalty for non-payment is 50 per
As far as can be learned enly four firms
have bought the required stamps. It Is
evident that the commission men will
make a test case. It is also evident that
members of the chamber of commerce
who may be actually "bucketing" and who
would properly come under the law could
not pay the tax, for in so doing they would
admit that their firms were doing a
bucket shop business and consequently
would be subject to expulsion. Apparently
the chamber will have to amend its rules
in case the government decides that any
large percentage of its members ran
i bucket shops.
16 PAGES-FIVE O'CLOCK.
JUDGES MAY RESIGN
San Francisco Court Likely to Resent the Pres
ident's Pardon of McKenzie—Attorney
General's Recommendation. J
From Th« Journal Bureau, Room 4S. Port ' '■ ' ' l '■ . '-■ '•■'•''s'- 1
Building, Washington. - ■ , ' '• ■•' ■,
Washington, May I.—Attorney General Knox has practically- decided to send ''the'
papers • in the McKenzie case to the president by, mail instead of giving him a brief;;
statement ■by wire. If this is done, no ■ action can be - taken ( by f the s president until
next week. The president will be at El Paso, Texas, Sunday, and if the present pro-if
gram is carried out, the papers will be sent there, so 'that they may be considered
Monday or any day after that time. WBBBBBBb8B8$& BBS
There is much speculation at the department of' justice about the probabler
course to be taken by the judges of _ the federal court of appeals if the president
pardons McKenzie. ( There is no doubt that the judges ■ will regard the pardon as a l.'.
direct slap at them.
-i One official to-day said he would not be surprised if Judge Ross, one of the tri
umvirate, were to resign if the pardon is granted. "- He says he ■ has no direct in-«j
timation from Judge Ross, but he has his guess upon his knowledge of the man.
Whether or not other judges would also resign it not known, but it would not.
surprise officials.■here if all were to step from under after being reversed by the
president in what they regard as their peculiar field of judicial administration.
It is supposed that the president has knowledge of the way the judges feel, and.
is therefore. somewhat embarrassed, for it is conceded that he is anxious .t o grant
the request for the pardon. No matter what his personal wishes,' however, he would
probably hesitate before exercising his prerogative in a way to stir up a sensation,
such as would inevitably follow one or three judicial resignations.
It is not .possible to get : any definite Information regarding what the attorney
general will recommend to the president, but McKenzie's friends are saying to-day,
on what they say is good authority, that Mr. Knox will recommend that the twelve
months for which McKenzie was sentenced; be commuted to the three months he has
already served. This would be tantamount ■to a.straight pardon, for it would mean
release at once. . —W. W. Jermane. '
TOUR OF THE WORLD
President McKinley, It Is Said, is Making Plans
for the Close of His Present
Hew York 3un Snaclal 3crviu<»
Wheeling. \V. Va., ?*lay 1. —Captain Blackburn B. Dovener, congressman from the
first West Virginia district, who. with Senators Elkins and Scott, enjoys the con
fidence of President McKinley and his advisers to an unusual degree, is quoted in.
a special telegram from Washington as saying that the president has plans on foot
for a tour of the world at the close of his term.
The tour of the world will begin in the summer of 1905 and will cover the
civilized globe. It is to be undertaken to gratify Mr. McKinley's desire to see the
world and to spread the greatness of the American nation.
The president then hopes to settle down as hi 3 party's adviser and not as a
Total Indemnity From China
Paris, May I.—The foreign office has received a dispatch from. Peking stating
that M. Pichon, the French minister, presented to-day the report of the committee
on industry. The amount China is to pay has been fixed at 1,365(000,000 francs..
How it is proposed that the indemnity shall be distributed among the powers
is not set forth, but. as the dispatch does not mention The Hague, it is thought
the ministers are hopeful of settling that question at Peking.
IOWA CLUBS MEET
Women of the State Help to Wel
come Minister Conger.
OVER 200 DELEGATES ARE THERE
Formal Welcome by Local Clubs and
by City—Reports for Two
From a Staff Correspondent.
Council Bluffs, lowa, May I.—The con
junction of a big convention of women and
a demonstration by appreciative lowans
over the home coming of Minister Conger
'has caused a state of congestion in this
unusually quiet city. The hurry and
crowds in the streets and the snatches of
music and flying flags have been tokens
of unusual happenings.
The biennial convention of the lowa
Federation of Women's Clubs opened this
morning, completing nearly all of its
scheduled exercises and closing early
enough at noon to permit the members to
join the throng greeting Minister Conger
at the public reception at the Grand be
tween 11 and 12 o'clock. Mrs. Mabel
Dixon Hitchinson presided and respond
ed to the welcoming speeches made by
Miss Caroline L. Dodge for the Council
Bluffs women clubs and the local commit
tee, and by John X. Baldwin for the city.
The report of the committee on cre
dentials showed over 200 delegates al
ready registered, and thore are many
visitors. Reports were given by the offi
cers, showing a list of 224 clubs and over
8.000 members, a gain in two years of
fifty clubs. The receipts of this period
have been $1,075 and the expenditures
$71S. An extension committee has been
organized, with a member in each con
gressional district to extend club work,
strengthen the weak clubs and arrange
A meeting of the federation council was
held last night and club and educational
During the general reception several fed
eration women had an opportunity to meet
Mrs. Conger and Miss Conger in the rooms
of Mrs. John Baldwin, where a small
luncu°on was afterwards given. About
sixty women were invited in the banquet
ing r room after the repast to hear the pro
gram Of toasts.
—Martha Scott Anderson.
Regarded as the Leading? Candidate
for Grain Inspector.
L. D. Marshall is the leading candidate for
chief grain inspector, and his appointment is
likely to be announced by the commission in
a day or two. Mr. Marshall is an old grain
man, and is now in the employ of the St.
Anthony and Dakota Elevator company as a
traveling inspector. His headquarters are in
Minneapolis, but his residence is at Crooks
ton. He has never been prominent in politics.
Should he be appointed, he will not displace
E. S. Relshus until the close of the crop year,
about Aug. 1.
Marshall's chief competitor is G. F. Moul
ton of Minneapolis, another old grain man,
a former inspector and a republican worker.
The commission is wrestling with the ap
pointment problem to-day. The entire list
of applications ia beiug gone over. No ap
pointments will be announced until practi
cally the whole slate is agreed upon, so that
the matter may be nearly closed up by a sin
gle announcement. The announcement may
be exp acted to-morrow or next day, however.
MAKES OTHERS GIVE
John D. Rockefeller Explains His
GETS MUCH PLEASURE OUT OF IT
Delights Him to See Close-Fisted
People Compelled to Donate for
Haw York Sun Snaclal Service
New York, May I.—John D. Rockefel
ler to.ld an audience last evening how ha
had learned to read men and learned how
to influence them at the church door whea
he was a boy. He explained that clause
in so many of his large gifts requiring
that a sum equal to his gift shall be ob
tained from other persons. He said that
the man who made other men give was
one of the most useful men of the com
Ho told that in a generation he had,
through the business which he estab
lished, paid to labor $700,000,000, which ia
equivalent to nearly $10 to every resi
dent of the United States.
He was speaking to the Young Men's
Bible class or the Fifth Avenue Baptist
church, of which his son, John D. Rocke
feller, Jr., ia leader.
"Nothing pleased me better than to
make a man give money who just wanted
to hang on to it." he said.
PHILLIPS' DOUBLE CORNER
SAID TO COXTROL QATS AND CORY
May Oata Makes a New High Record
in Reaching 28% v
Chicago, May 1. —Developments on tnd
board of trade to-day are said to indicate
that George H. Phillips has successfully
formed a corner in both May corn and
May oats. On May contracts he took in
about 2,500,000 bushels of corn and 1,500,
--000 bushels of oats this morning.
May corn opened with sales from 49c to
48% c. Shorts who l»ad sold corn to Phil
lips and could not deliver bid the market
up to 50c during the first hour and a
half. Phillips also bid occasionally, but
turned seller at 50c and closed the mar
ket llic net higher at 49% c.
Shorts in May oats also seemed to be In
his power. The price advanced from 26%0
to 28<^c, a new high record, reacted and
closed lig>l%c net higher at 27%@28c.
The assumption that the markets have
been cornered is based chiefly on the fact
that deliveries of corn and oats to-day
account for nearly all the contract stocks
now here in store. The shorts of course
have until the end of the month to de
liver and whether the short interest ia
large is a question only Phillips can an
RIVAL FOR THE HOLLAND
Xew Submarine Boat Can Stay,l?ndei}
V/'ater Thirty Hour*.
X»w York Sun Special Somic*-
Roma, May I.—Experiments are lm
pending at Spezzia with a new subma
rine boat, invented by Engineer Pullino,
It ia said that the new boat is speedier
than any of her cla63 yet constructed ana
that she is able to remain under wat«r
for thirty hours.
,nm HUM IS JUW HtAUT
YOU SHOULD CALL OB WRITE FOB, ACCOMMODATIONS AT ONCE. A. W. WARNOCK, Excursion Manager, Journal.