New-York tribune. [volume] (New York [N.Y.]) 1866-1924, November 01, 1912, Image 15

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New-York tribune. [volume], November 01, 1912, Page 15, Image 15
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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New-York tribune. [volume] (New York [N.Y.]), 01 Nov. 1912. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83030214/1912-11-01/ed-1/seq-15/>

Newspaper Page Text

OF
Paragraphs of Current Interest
for the Investor.
? An uaefceeked and utterly solflah
-aterlalism riot to Its appointed end."
T. Theodore Koo-.-veU. is comtnended to
erket letter wrlters in Wall Street. Thla
|Ld be made very vory effaetlva if cou
ried with "Innocuous desuotude, made
famous iv th? late Qrover Claveland.
American Thrift and Caution.
ProvKled pobik conlidence in American
-rurltlea ehall hc raatorad and that the
ait aaviaga whlch formerly want Into in
l!,tment Bhall be releaaed from rarioua
niacs ol hoardlng. the future wlll be
JJrtfoularly brig-t for legitlmate captt
., reouli imenta. Controller Murray,
Setement aa of Juna 4. ahowa that Ii
?Mrlngfl benha there were 10,000,008 depoa
?or. having average depoaiU ol W? oi.
l*r a'total of HomnUa The 9tatoment
ILwi ai o that the number ol depoeltora
during the jrear had Increascd by 1 "
lndlvLiuai accounts. and the total amount
of aepoalta ? aa Increaaad omCOMOft Theae
Lwee slmply repreaent the aavlnga bank
depo^tt* to whlch may \? added the
man-. mUiiona whlch are hoarded In other
piaces and whlch have nol beoa depoeited
ln savlngx banks.
Cost of Llving in China.
A common be-ef among the people af
tais country la that thi coat of Uvlng
n the Old World is very small comparad
with Irrtog expenses ln tbe Unlted Btatea
It ia generally BOPPOaad that Uvlng bl
"hin. eaata very little. Conaular reporta
?now hawaver, that on Income of I1.W0
aoid'ls uaually conaidered the minimum
* n whlch a forelgn famlly can U*
Amov. one of the leaa expenaive |
.nd as raata and llrlna earpeoaaa are con
?antlv becom.ng hlgher a pereon with
out ai- asaurrd li*ome of at toaal that
,um raaa graal riah of eaperlencing much
flnancal embarrassmei.t. The income of
fl*averaga foroign fa-iHff la well above
m aold a mor.th. Thoae irho are u,,
-.We to earn much over HM a month
uauaiiy prefer to remaln unraarried.
Corporation and Independents.
Tne atael mllls of the Unlted itatoe. ae
eordlna to flgures comi-iled by J. FranK
Howell an !'1(i,1? at the rat" ?f
around 10.000,000 tons of Bteel B year,
wnnetbecxt.cnellnnt of their ca^clty
tona annually. Ol "??
amount independent Bteel companiee rep
resent 53 per .?.?nt of tho productlon and
the rmted Btatea Bteal i ? "'i'
resents the ramalnlng I" P?i cent
Ten yaare ago Ihe Unlted BUtes Bteel
(^rporatton'a percentage waa above II
,.- eoal of atoel Ingi I productk
,,er cent of pig tion productlon. The ln
gaaendenta have greally Increaaed their
etpadty, and i " nt ? ,n;,j
of productlon, altboogfa duting the di
the corporation apenl (to .iun.- Ii lael -
UH g| ? new conatruction, fl20.
M9.090 for extraordlnary replai emenl and
1104,000,000 for ordlnary repalra, a t..1 il
of 1111,000.000, nearl) all oui of earnlnga.
There are do rellable aUtlatica al hand
showtng the exact amount of money ex
peaded by th.- Independenta In Uu
. ..,? 0f productlvi
they have grown faater (toi tne aggre
patei than the eorporation. it la r?_aon<
Ale to BBBume thal as much, if not i
capital than the foregoing flgur* -
put Into the Induatry by outslders. Tl ? ?
Hre mllla, many of
them rtch, Important but un
kaewn and uncounted In the peni
who/e output lt? onl: ln current
tables In bulk.
Pennsylvania Relief Funds.
That the 114.0 ,:k WM P*aeed
last month by the dlaburaementi ol
reiief funis of tbe Pennaylvanla Ball
sygtem wt.?< announced this w?-ek. Exa< t
jV J34.iio.716 77 han been paid ln ben<
ti. employea and their families in the
twenty-Mx years and eight month* that
Um relief fund has been operatlve on Uie
Pennsylvania.
In September the amount i>i:id fron
teiief fanda on the Unea of tl ?
\anla. both east nnd ereet of Pittaburgh,
totaned appra-tmately POO.IOft of whlch
Br cent went to the famllles of mem
ber.< who died, while the r?mainlng 7i per
? <nt was paid to membera dlaaMed by
nicknesa or oth.-rw:". Incapadtated for
work in the enmpnny'H sei\
CONSOLIDATED EXCHANGE.
Whlle pru-s oa tbe lated Btoch
Exchange were generally off from the
bent at tbe cloae, lt was oommented on
the floor that th'- market had held Up r>
rnarkably w. 11 in the face <-f thi abarp
advance ln call money rates. Plfmneea
ahowed with th.- opening of b
3:30 o clock. Overnight advancea wen- r<
fleettd la the deallngs on tbe call. ui:h
Steel changinK handa at 7:.S and ISft the
latter bemg Its Baal Call wri.-t and n
aer.tirig ati advaaci comparad wltb
Wedt.esday ? Cloalnf of h? Ol a polnt, and
Reading aalllag al \~v>* a?d 111%, also an
overnight gain of *4 Ajnalg-aated t'op
per, Smeltlng. Missouri Paclfle an'l Unton
I'acific were each up -\ <>n tin- call, whlle
1^-hii.ii Valley waa ua M un'' American
'An and -ile each uy '. Tranaactlone ln
the half h"i;r before b Ban elee
where In Wall Str.-.-t totalb-d 4,310 aharee
out of a grand total for tbe entlre day of
KNI ahares. I^urnpean advl< ?-s that the
powert. had rea. 1...1 a tentative aa
regarding Interventlon in the Balkan war
waa a factor exertlng a favorabb- Influ
ence. Readlng and l nited Btatea : teel
?ere feati.n-r of artlvlty, both ln tho call
trading and afterward.
STOCKS.
Oharea. Open. High. Low. 1?t-t.
3.880/mal Coppai WS B41i NS*e BOJi
1<?? Au, Heel Buf ?V? li? ?7*? 91%
4.V) Am Can . 41 11 '. 4' '? 4<i;4
10Am Ia>-o ... 42"i \2l, 4:,;i OSJa
1.090 Am Smelt . . *2S Bl UVi S-: J
10*'Anacomla Cop 4114 4.1 \Z\ %t%
150At TA K P..10014 108*. lon'. 100*4
40 Bait A Ohlo.loo'B "."???- 1054 100**
**) Brook R Tr. 8014 Btf** *??. ^??'t
lOOCan Paclfle .IMl'a i'?2S W1K 281)4
.vifentral Leath <?','.??, 82H
lOChea A ohlo. hl', >-1't M', M1.
90Cb (Jt Weat.. lli'? ,14 104 19S
70 Ch M * Bl P. 108*4 1004 loh". I"*7,
10 Col F A I . . 9S*4) B5*4
,,-ta ...144 ?? 144'. 1444 144'?
70Corn IWlurta 17'4 17U l?l7. I'i".
TODIal Becur . -'7:. 974 178 1T'?
SUO Krl?. .S4 .14'? ,Tl4 :t4 4
14'. ct Nortb i>f. 1.17s-* 1S84 1074 137'i
30 Ot N or< rfa ,494 494 4'',-, 4*1 '2
S'i Inter-Metn . '.i> 204 90 194
140 do rret. ?? 9J ? H% 9t%
10 Int Htearn P. 27 '-'7 -J7 _7
1.100 tehlgh Val..l7S4 174'i 170*4) 17".'-.
7u Mo racili, . 424 424 42', 414
120N?vada Coa. 2P? 21;? 114 914
l>tN Y rentral 1I4S 114%? 1144 1144
100 North Paclnc.1244 1-44 Vi*\ 124'*
40 Pttta r-<*l ... 24 24 24 24
2ir> P.ay Copper.. 214 134 917? --"*
IS.420 Headlna; ....1704 171 100? 1704
10 Hep Bteel ... .11 \ tl% 114 U%
'?> .,o j.ref. :>j H H H
1*0 Rork laland.. 904 19*4 B4 M4
j.'Oi'.nth ???'-. ..lnii7* no ioos iw'-,
10 Ko.ith Ity pf. K04 xii\ so'* yu\
'.<>T?r.n Copper. 414 4i4 ii\ 4i\
3.'.40 t'nlon Pac .i?f?:? 1704 l?i?4 ini'4.
201* 8 Kubher.. M1, 914 914 514
?.0M> 1' B Bt?el ... 77.S 7?-.!. 78fi 794
30Ctah copper. ^'.s CZ', tt4 M4
W.?40 Total aalea.
MINING.
rVftAtlanta .1*4 .194 IfW
K<. <?(-, ,) va .. .W .:(?, .?.', SO
noo Kikton .es .ai ea aa
210 OoldrVd Con..2.70 2.73 2 02S2H24
W0 laabela _ ln .19 n< (I
l.lODJIm Butler .. ?2 ,994 >'?- M\*
OOOJumho txten II '.2 II
.'?OOMeilan .2.V) 2.00 2 Mi 2.90
S0O Nevada >UI!a.l.r>o I.BO J "hi J M.
4<iONerth 8tar... SO .'.'', .90 90
Wi Portlmiil M B0 .t?a l?n
lOOTonopah B?l.?.?7 4 9.974 H17'^ 1.174
iO0 Ton?r*h I'it.2.40 2 40 2 40 2.40
70,)Tonoi*h M?r.1.024 l.OB 1.024 1.06
BOfrliili.ti Con.00 .00 .tW .60
0,106 Total aeiea.
DfVIDEND N0TICE8.
DIVIDEND NOTICES.
3f
United States
Mortgage & Trust Company
Member New York Clearing House Association
The following coupons will be due and payable at the
Main Officc of this Company
55 Cedar Street
On and After November 1st, 1912
AlexandriB, l.a..Public lmpro\em't 5s
Binghampton. Tenn.. Sew. & W.\\.5s
Catnden Co., N. J . R. I. 4s anJ 4'^s
Catlettsburg, k. & C. Water Co. lal os
Cohoes. N. Y.. Water ... . 4;^s
Cold Spring, N. V.. Wnter ... 4s
Elberton. (ia.. (ias & Wal. (Nov. 5) 4s
Elvria, 0.. Water Works ... 4s
Enjlcwood. N. J.. School & Flrc 3?/3s
Kssex County. N. .1.. Mospital U
Estate of N. l.ow 1st.6s
r ranklin Countv, Ohio. Bridge . 5a
Fulton, N.V.. Bridge Nov.ISi . . 4'/3*
lieneral Petrolcum Co. Ist . . os
(iranbv. N. Y.l n. F. Sch. DIs. No. 2 4s
Hempstead. N.Y..I. F. S. D. No. 15.5s
l.awrcnce Water Co. Isl . . . . 5s
L.I. City & Flush. R.R.Cu. Can. 5s
Lufrties Bros. Debeoture .... 6s
Mcmphis, Tenn. Water.4s
Monongahela R.Con.C.4 C.Co.Eq. 4 '.,9
N. Orl. S. & (i. Isle Ry. Co. Ist 4 R. 5s
Pittsburg Coal Co. Equipment 4'A*
Riimapo, N.Y.l.F.SD.No. 3.
Ridgewood, N. J., School
School Clly. Fort Wayne, Ind
South Nyack, N. Y? Sewer .
South Orange, N. J.. Sewer .
Superior Wat?r. I.ight & Pow. Co
Svracuse, N.V..& various others Ijfl
Syrncuse, N.W.Sch. Nov.l5.4s& 4''2*
Toledo.O., Ref. & various others 4s
Toledo.Ohio. All Board of Educatlon
l. S.Mort. & Trust Co., Ser. "H" 4s
l. S. Mort. & Trust Co.. Ser. "J" 4s
Vallev Countles Po*erCo. Ist . . 5s
Wcst Orange, N. J.. School . . 4%*
Wilminglon, DcL, City Elec. Co. . . 5b
3Hs
4'A*
. 4?
. 5s
ftfi
4s
Branch Office
Broadway at 73rd St.
125th St. at 3th Ave.
STOCKS IN OTHER CITIES.
BOSTON STOCKS.
(Furntehed by Chnrl.a Hra I & Co , Ni
Wall ."trert.j
I.ANP.
nid A-k ?d
Boetea i.and. I 1 |1 asl Be. i/i.. ?
MI8CELLANBOU&
\iii Ar I'ii. m B7 (8 Oeo R
do pref.100 10041 d prel
Am Pneum... ? ?'? Maaa Ele. irlc 1*
142 1424? ?!" prel. BHl
am Wool pf. MV? ?1 R
I Co. IM
Tel. 3\ i ' -? L?no..228
.
Btk lo Prrf. a
IM Unlted Ft
RAILIt'^ M>
:; . B .v w I
?a NTNH ?
'
'
MININO.
..? I
..."
... 3'", <i?i Mnhatv-h
n I i'o
\ ?
? M ilm '?* !*
Boa & \v Bl. ?
- '?:
AfflOtd. '
. 8*B
Knnanza ..... 881
I 1
' ?
viiz 77
I'alu A H'" >45
na. 1*4
Chlno
l)al) Weet.
?
rilrouB
:.i
8*4
1
1 ?
IA
l?
. tl
?
Niplaail ..
?
N
OM foi
Ojlhway. 3
. n
os
1
81
-
;.i?, !<a\ conaol
. -
. 13
Arlz -"
1 ? |
1 ITnmarark. 88
?J.\ Trlnlll '
Vah
1
?
i
31
31*
1
?
22
.1
1
Ilelvel fl
244 ; _ ? ';??'
II...
f*op .,
Island Creek.
pref ???
K.rr I^ak*-...
Kovv?<rmn ... 2
La Salle. 44,
? '.
18 ' Ctan A|.-x ... l'i
?
31S Vlrtorla. Vk
;?'?, Wlnona . 4
71
indol. i'?
11
IS
'
?
PHILADELPHIA STOCKS.
(Kurnial .? t ? ?
4th atreet, PM
Bl ?!
?
tlaldwln pf I0?\
?Camb Bteel
1 Tr Of N .1
EI Bto
tphalt
do 1 ?
[ Co of N A. _
d<> Inc
? : . ? N trctf 82V4
? V... Tr . 14*.
?d< pn r? aa
r.nn it i: "!?
'
N,.,v j s 122 South
ladelphl 1 1
7'.?,
'
lt
. : .. 48*4 ''
'
55 . do ls..
1.1 I. T . - ,l<
r", I ?
187*4 Pl !
d<> pref
?Kx dlvldend.
I
100 Am Can
0 pref
CHICAGO STOCKS.
Ib#d by Cartla 8 Baafer. No *? Wall
atro
Cl ae.
i i
i. %
?;;:.?
11114
1 ?
1 8
110
Opi-tl.
4044
17
?
126
M i om Bdlai 11
M> <? rti Pl
M Natlonsl
.tlnnal f'arbon
, rel
40Quaker Oata pref 10
'" ''"?
1<A ?Heara .
. ??' ?
BONDS.
rrooo ?fJhlc c R lal 6'- J81H
' >i:x drvtdend 1% par eanl
iiu-ii
40%
I21V4
lf".'*
itm
128
i o
110
li,.-,
? .
101H
180
1/-.W
121*4
I4r.*i
17
121
120
100
?
1 10
ioih
100
BALTIMORE STOCKS.
iahed bi HI
31 Pll ?
i lennai
Bl i
At CL Isl 4* 84*4
do rvt il .101',
At ?' Lol ?
i-cnc x. i: 8a 85
Chlc Ii'
Coaa ? -.ai ?101
d,. ref Bs... H%
Cona Power.. -
d? pr.f. ... ?
.:,. !**> ????*'
Coi Duck '
,; ,; | Ist 08. 88
A.k
21
n i. Wllllami /. i ??? . No.
?? ork, an i No. 128 Baal
Baltlmore.)
Ahk Hll
I [loua Oll ctf
I do P"f. 07*
I; I.l r.H.100*,
M I N 8 P Tr 8b 88*8
?
, Ri ,1, \ L 4a.. ?
H I l n ted H>
in
, ...
do Inc i"
ao Isl 4a
do fndg I
,V II iv An
? ,
? 5 ?,
MH
GAS AND ELECTRIC COMPANIES.
Naw York.
I, rU rday
Hll. Ask.
acentral mlon Om 5a. 102 103-*
^AmsVOM'w'aaliiaiM .
N ?81 ?4..184H !('.,'-?
?Btandac: .
dded
W'. .Infudaf.
Ilil. Au
188 108*8
173
10144 102*4
?W', 101'i
llM'. lOuMi
?Interest t 1 bl
BANK OF
FRANCE RETURN.
i-ariB Oat H TU waaBljr auumattt
of the Baak of rranca ahowa tba fu.io.v
laa alsaafaa: OaM on imnd dacn 1
iMiorej franca, atlaar an ban*1 d.TH.-asea
5,708.008 rraaea notaa ln drcutotlaa m
cn-iiM.-ii I87.8JM81 rranca, ajanaral di pcaha
UicibbbbII 9.600,000 francs, bllls dlaooitntad
Ittraaaad 8#48M83 francs. traaaoa 8>
postts dacraaaad 8,8bM8I fraaea, adranoaa
daeraaaaol U488\8M rranca_
ALLAYING THEIR FEARS.
fkja BaaBea Trai
T8M aiiunrluin at Mnrln.- I'urk la to have a
atork of tha Mghtj aaaarai n?h af troaleal
aatara Thla ahaaM bo aaplatnad kg attend
anla to vlaltora enterlriR thr < xlilhlt BB holl
,1a)a. It wlll BBVB I'lnaldTaldf nlarm and
nnxiety on the part of IhOBO who have par
iMkea ,... toa aaaay loalca aaaaro mtering.
a
U. S. TREASURY FINANCES.
Waahlngton. Os4 81. JTha I ..ndltlnn al thfl
OBttai BIBlaa Treaaury at lha heglnnitiB al
baalBaaa to-day waa: WorkliiR BBlBBao, ?'??'l
141888! la baaaa aad PhlllBalaa treaaory,
881,881,188; total af general fund. 1187,4880
888: laisftjio lesterday, 88.881.874; aaaaaraa*
ineTita. 11,888X818 ThB defU lt Ihla flaral >.,ir
ia $.'1 M2 <'*?h aa agalr.at * detVdl af 8"".?','jii,.
1.14 liaat rear. Tbe nsmea for rseelpu., uis
buraements and deflclt exelude l'anaina Canal
?4iU ptibllc debl iranaJHiuiia.
TO EXPOSE MININO FRAUDS
The Cave Men Association Incorpo
rated at Albany.
llbany, Od "l The i'hvo Men Abbo
Inc., or New rarfc, was Inoor
porated to-aay to "aapuaa fraud in thr
expioitatlon of worthleaa mlnlng pTapar
d to Btandardlse a mlnlnf r,Rr
tne.'' The dlractora are Harbert Hall,
Walter F Pyne, Mlltan s Ballahury, Wlll
lam f. Bc-hmldt, i-., and BdwaijS A.
Rugen, of n. w Vi.rk, and Otta N. Roaan,
ol Brooklyn
NEW YORK CURB.
in the eurb markai raatarday Intaraat
w^is almost i ?uir.lv rentred ln the thraa
whlrh have moncpoIla?<l
the markei mort a long pai lo l.
? able actlTity deaalapad at tha
and uiiii.- tradlna subatded at
only of short dnratlon.
when rencwed actii r developed. The
Irregular, althattajh the
abov?"m< ntloi ? I ? ontlnuad Btroauj
notwlthatai dlna ah n i> n ???? [lona on h< avv
i . atimably for mslde acco m.
whicii w.-r. ... i,iu,>r. ahlfted to tha tuy
Btorea of Am-rl
? ,i move<l up neai I - | >lnta to ? naw
tl ? ? actlon pf
ntlj n ? ovi rniR nearl)
hII 'i : i . i ? over a
led on wiint looked
lo ?.,. Brltlah-An
;, ,.,,?.. i i . Rtundard < ?ll
v. |ai < ihlo i 'I' ad
about ii polnts, due to prosp* cta
ln rapltal. The eopp? r aharea
? :niv. bul Inactlve The gold and
Bhowi d h iM-tter tone and a
rlcea than the
Jlm Butler waa the
leader of tn< market, openlng at 80c and
ng up t i 63c, where It i losi d
S<veral thouaand aharea of I
hanris, and H waa In atrong
demand from F'hlladelphla quartera Ten
v ? t $1 and Tonopah
t i Mldwa) waa the weak
., ? Hi Bfontana waa
.,! ., under pre>Baun al 4- '-'?.. whlli nearly
itll transactlunB In North Btar arare Ht
in [h? ? loldfli id iro ip, Atlanta aald
.,i |8 td is. and Blerajer Mlnaa al tle
TradlnK ln the balam e of tl ?? liat waa
limlted Lui prlcei held qulte flrm throuajh
out the day.
(Furalahed bj Rsrn r f. Oo , Be
!'? td Btreet.)
INDUSTRIAL.
Hlah !>??? l-nat
.-? \n\ Oll ' . 10*4 \"'?
. . '?
Uranl 14*8
100
v ranalt... Ml Hi ?
: iioo Maya Oll . 88
r.i f.i
Textlle ...
200 r B Motoi 4 K %
MINING.
S00 r erer . 4i ?i 41
i || I OUI . 4.'l 4 ? 43
? ?< D roni. k "'
I ? ' ' . ? ?
ndfleld BB I Mi ?
0 . ?
18 :i
71 '."3 74
.k . 4?t 1 . M
, ? - 1 1<v t% 10
31 K "I
R45 La R ae -'?? 8*
1^ 1 14
t?ra.. ', '? '?
1 100 Pueblo "? lf* '*?
II .1 Klng . . 7? ?
rarl !',
Mlnlng.. f'A ?A fif?
frt B*
. Merger 1 I 82 1 1 1-82
5 100 Tulai ? ??? 1*8 1*1 ! ?
CODB... 1". I'a ' ?
1 ioo Wettlaufc ???? -l -1 -4
NEVADA QUOTATIONS.
m] by Vfi Ir "' 8 ''" . N ? 88 Hr..ad
? i .
? ? lober 21, UlS
TONOPAH*
v ? ?? rdaj '? To-dar*a
< lose.
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FOREIGN GOVERNMENT AND MU
NICIPAL BONDS.
flPaiatatWd bj Zlniinriniaiin A Forahay, No. 8
Wall ctrect.)
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THE TRIBUNE'S ROOM AND
BOARD REGISTER has a condensed
list of furniahed rouma. Conault it.?
Advt.
VOTERSI THEIR WOMEN FOLX
At the past ten Presidential elections the voters
of America have let the politicians and their bosses
think for them.
A Slave thinks through his Master and Eternal
ixts his Shackles. A Free Man Thinks for Himself
and Perpetuatcs his Independence. Their Women
Folk Think as They Think and Suffer or Rejoice
accordingly, for Loyalty is the Badge of All the Scx.
Thcse politicians. who in ordinary times wouM
not be permitted to selcct fish, flesh or fowl for
the everyday hard-headed American citizen, brazen
ly seize the people's very atmosphere at election
time and rant, rave and cant the voter to a white
heat, envelopcd in which he stamps his way to the
ballot-box and turns the country over to the poli?
ticians' bosses, thosc iron-minded, granite-hearted,
cork-solcd human grinders who know no past, who
bow to no present, and who counterfeit-coin the
people's ftiture into eternal bankruptcy.
For forty years this has gone on with the sure
ness, the monotony, the inevitability of the tides.
tlie moon, the sun.
The result, it can go on no longer. There must
be a change, and now, or black, destroying revolu
tion will be upon the nation.
For forty years the cost of the people's living
has steadily inounted, with n<? commensurate in
crease in their wage and income, until to-day wage
and income will not meet the cost of their living.
The rich are growing richcr and poverty daily adds
to tlie burden on the shouldcrs of the poor.
Kvcrywherc throughout the land the daughters
of America have been drawn nearcr to the red-lit
street which pilotfl them the swiftest roiltC from
ihtmc to death, and the sons of America closer to
the yellow glarc i">\ that casy-moncy immorality.
which saps the blood, brittlcs the bonc, ma/es the
mind and SOgS the lotll of free born youth.
The story of the relentless march of the System
and the ever cowering, cringing, shrinking retreat of
the pecple is toid in a sentence. Five million every?
day American people have deposited in savings
banks five billion dollars, every dollar representing
honest effort of mind or body.
The income from this five billion dollars is 4 per
cent a year, two hundred million dollars. It is a
very large part of the people's total income.
Forty years ago it returned to them the same 4
per cent as to-day, yet then it would buy as many
of their necessities of life as 8 per cent or four hun?
dred million dollars will buy to-day.
In forty years this income of the people has been
cut in half.
Forty years ago the capital of the very rich, in
vested in banks and trust companies, returned 6 per
cent. To-day it returns 38 per cent, or, allowing for
its cut-in-two purchasing power, 19 per cent.
In forty years, while the people's income has
been cut in half, the income of the System's cap?
ital has more than tripled.
Never have the politicians in election years toid
the people of this awful wrong, of its cause or of its
cure.
But the people of the present election year have
awaked to the enormity of this wrong, and on Tues
day the people will vote.
It il not for any man to do the people's thinking
for them, but it 19 for each of us to add our match
to the flamc of the great bcacon that lightl the forks
of the people's highway in this memorable twelfth
year of the twentieth century.
Woe to the people of the United States if they
take the wrong road, the politicians' road, at tiic
coming election, for ere another four years brings
them again to where the upper and lower roads
cross. the nation may bc in the thfoet.
Mr. Voter. it is up to you this time to meet the
question face on. You cannot longer dodge it, shirk
it, or postpone it. It is for you to say whether, be
ginning with the 6th of N'ovember. the people will
face their entrenched focs and drive them over the
brink, or whether, like dumb, unresisting cattle, they
will allow themseives to be driven futther into
the bog.
It is not for any honest man to judge the merits
of the three candidates, one of whom during the
coming four years will lead the people to deliver
ance or doom. Like most students of American lf
fairs, I bclieve that President Taft is an honest man
and a country loving citizen, and that Governor
Wilson, besides being a brilliant scholar, is an able,
sincere, patriotic American. If the Presidential job
were the trustecship of the savings of American
people, I believe that all unbiased men and women
would be unconcerned as to which one should have
the job. But the Presidential job for the next four
years is not a financial trusteeship. It is a general
ship which calls for honesty, courage and physical
and mental ability of the very highest order.
C< *ird with these qualities must be experience
if ' *n iwledge of the human animal in all his many
. r*.*\; d
11 " ' */everings.
*? <J have in America to-day ready, waiting. eager
to ''lkc this generalship, a man who stands so far
oi'r?^om the ranks of all his fellows as to seem to
be l:,'<jre than a man. All men and women who list
en<Cl with me to this man Wednesday night in Madi
sor, Square Garden and who visioned baek to the
aMi.issin's act involuntarily said: "Theodore Roose?
velt is more than man; he is the hero of our imagina
tions, the inspiration of our dreams."
Mr. Voter, between now and Tuesday, gathcr
about you your women-folk, )'Our rnother, wife.
daughter, sister. and ponder the problem which is
your? arvl theirs. Disregard your likes and your
Jisli *s .md ask yourself and your women-folk the
qtH ofi "Can I, as an American citizen, let this
God. >m I instrument pass without giving him the
opj v '!ty to right our wrongs?
rhiie there have flocked to the Progressive
pat' ??? a orde of undeslrables, it must be admitted
tha irgfj majority of the noble-minded, un-hide
boun !-to-party men and women of the land also
have rallied under his standard.
". v-!mitting that some of his lieutenants are dan
geroi s to the people's interests, that some have
sougl.t him and his party solely for self-interest,
that some are contemptible in their hypocrisy, and
admitting that it is unfortunate tc break down the
third term tradition, and admitting ad the other petty
charges o! his enemies, can I deny this staunch, fear
less, heroic American of Americans the opportunity
to match his strength and his courage with the
greatest problem we have had to face?"
When you have found your answer and when
your women folk have endorsed it, go to the polls
and cast your ballot.
For my part, with no other feeling for President
Taft than sympathy for the misfortunes brought on
him by his whole-souled confidence in the trickster
politicians who have used him for their own ends,
and with nothing but profound admiration for the
qualities of Governor W'ilson, and knowing Theo?
dore Roosevelt from shoe-sole to hat-crown, I can?
not believe. that the American people will deprive
themseives of his powcrful aid in this cri<i>.
It does not seem possible that the people of N'ew
Vork. whose Governors for the past four deemdes,
with few exceptions, have been taken from the poli?
ticians' rank, can forego the impulse to drop to their
knees in thanksgiving that they have the oppor?
tunity ol placing in their Governor's chair such a
man as Oscar Straus; nor does it seem possible that
the people of our own Coinnionwcalth of Massa
chusetts could hesitate ir sending to the State
House that rare. old-fashioned American gcntleman
business man, Charles S. Bird.
If Theodore Roosevelt had nothing to recom
mend him to the people of America but the indorse
ment of men of the Straus and Bird character and
calibre, they should eagetly cmbrace the opportunity
to place their troubled atfairs in his keeping. When
one thinks of the recent performances in tht State
Houscs of Xew Vork and Massachtisetts, ol the
mountebanks who have dragged the States' tradi
tioiM and the States' honor through the sewers ol
vttlgarity and the catch-basins ol blatherskite poli
tics in their endeavor to boost themseives to positions
as titting to their ability and manncrs as cathedral
shrines are to the prayers of chimpanzees. one's in
telligcnce is taxed in the endeavor to comprehend
whv there should be any uncertainty in the coming
election.
In addiftg this, my mite, to this campaign. I
iiope that the thoughtful voters ol America will
keep this one burning fact in front of them as they
volc:__That the people have one fundamental prob?
lem which must be solved, and now?High Cost
Living; that before this problem all other consid
crations of personal hatreds, self-interests and am
bitions must give way; that this problem, which
has baffled the best minds of the nation for forty
vears, can be solved only by men of rare honesty,
exceptional disinterestedness, large experience, con
spicuous ability and superb courage, and that there
is no public man in all the world who so splendidly
combines in himself all these qualities as Theodore
Roosevelt.
Any man, woman or child who listened to Theo?
dore Roosevelt Wednesday night, right from the
grave's brink, his wounds still bleeding and the as
sassin's bullet still pressing his heart, and heard hira
pledge his sacred honor to the fulfilment of his every
promise, and who would then accuse him of the am
bition of the despot, or of any selfish ambition, is
unfitted to bear the name American.
THOMAS W, LAWSON
Boston, November 1, 1912.

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New-York tribune. [volume], November 01, 1912, Page 15, Image 15
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924