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Ihe §i*tttaffit tribune. BISMARCK TRIBUNE COMPANY Every Evening, Except Sunday, and Weekly. Publication Office: FOURTH STREET. COR. BROADWAY Daily established 1681 Weekly. 1873. BY MARSHALL II. JEWELL Oldest in State. Subscription Rales: Daily hy carrier &< cents a month Dtllv by mail $ P" Weekly by mail $l-r ear All papers are cmitimicil until an explicit order to discontinue is received, and until all arrearage* arc paid. Correspondents wanted in every city, town and precinct in the western part til the state. No attention paid to annnyinou.t contribu tions. Writer's name ttm.it bo known to the editor, but not necessatily lor publication. Manusctipts offered l»r publication will be returned it not available. loiuuiuuicitions for the Weeklv Tribune should reach tills of6ce not latei" than Tuesdav of each week to insure publication i" the curient issn* "OFFTCTAL PAPER OF CITY OF BISMARCK OFFICIAL PAPEr OF BURLEIGH COUNTY. Entered at the post office at Uistnarck. N. D., as second-class matter under Act of Con iress of .March », ltS7». Member of Associated I'ress. MONDAY, FEBRUARY 5, 1912. CONSERVATISM NECESSARY. The situation is still one that calls for conservatism in business opera tions. Neither at home nor abroad is there any abatement of the social and political unrest, which Is at the bot tom of present business inertia. This unrest, as everyone kuows. has been seriously aggravated by the continued high cost of living. Food prices have risen still higher during the last few weeks, both at home and abroad, owing to partial crop failures arising from the extreme heat and droutli of last summer. Prices of nearly all of the necessities of life are high, since in few lustances is there any thing like an adequate supply to meet the requirements of Increased popula tion. In a few cases, says Henry Clews, commodities have declined markedly, particularly cotton and steel, where supply greatly exceeded demand. We now hear less and less about the increase of gold as a fac tor in high prices, and in this connec tion it is worth while noting that the world's production in 1910 amounted to f45f"0©.000, compared with $454. 100.000 in 130*. an insignificant in crease. So good an authority as Direc. tor Roberta of the mint thinks there is longer any reason for uneasiness over the gold situation. He believes that no further important increase of supply is in sight and that with a grow ing population and Increased absorp tion of gold its inflationary effect has probably reached high water mark. If this theory proves correct it means that producers, especially farmers, must increase their product in order that the relations between supply and demand become more normal, and we shall then have some relief in sight from the present high cost of living. which, as already said, has had so much to do with public distemper. At home the political situation con tinues the chief deterrent to renewed activity. This disturbing influence must probably be endured until the 'political horison becomes more clear. *Some uneasiness has been shown at the prospect of investigating the so-, called "money trust." but this has •been, lessened by hope that the investiga tion will be postponed until after elec tion. Whether the investigation will be postponed until after election. ^Whether this investigation has been prompted by political motives, person al jealousies or speculative purposes, it should be severely discouraged by sane business men. What would hap pen if a number of our financial in stitutions, the savings banks, for in stance, were to be put under the searchlight for the entertainment of a public wholly ignorant of financial transactions? The result would be immediate scare and a run on the con cerns affected, no matter how sound or well conducted they might have been. Whatever objections there may be to the concentration of banking power in New York, an investigation instigated for such reasons as are be hind th* present movement is wholly unwarranted and threatens serious! consequences. There may be an un desirable local concentration of credit Institutions, but an awakened public opinion and a spirit of independence in business operations is the best cor rective of that difficulty. A certain degree of concentration in banking power exists at every financial center in the world. It Is natural and inevi table, and is almost invariably used for wise and prudent ends. The abuses of such power are too rare to call for serious attention, much less a public investigation. There no such thing as a "money trust" in the correct sense of the word, for it is Impossible to create a monopoly in either credit or money. The supply of both is too great and flows too readily from one point to another to allow of cornering. If the terms which one lender offers are too exacting, there are always plenty of other lenders avilable, If soughtt after Gre.it as is the bank ing power of New York, it is only a fraction of that of the entire country, and its influence is commonly exag gerated. Comptroller Murray is au thority for the statement that the combined banking power of New York, Chicago and St. Iiouis, three of the principal reserve cities, is only about one-fifth of that of the entire United States. If it were possible to create a "money trust" In this country, bor rowers would turn to Europe for aid with a promptness that would qu'ckly break any monopoly here. The geueral outlook is not witnout its redeeming features. Chief of these is the plentiful supply of cheap money, although that, of course, is largely the result of Inactivity. Our financial situation is exceptionally sound. Speculation is at the mini mum and liquidation has eliminated many weak spots. This applies not only to financial affairs, but to busi ness in general. The long period of conservatism which the country is passing through is after all building a sure foundation for a fresh forward movement when present uncertain ties have disappeared, as they ulti mately will. The surplus reserve of the banks at New York now stands at about $45,000,000. the highest point for a number of years at this period. Our financial strength has been further augmented by the excellent condition of our foreign trade, the ex cess of exports piling up our credit balances upon the other side higher and higher. This and the relatively better rates for money in European markets have enabled our banks to extend their advances to Germany, which matured in January, thus facili tating the placing of the recent $116, 000,000 German loan in Europe. It is estimated that American loans abroad today run aa high as $150,000,000, or almost as great as at any time during 1911. Gold exports to Europe have been anticipated for some time past, and must be welcomed by local bank ers because it will tend to make in terest rates somewhat more profit able. The most disturbing influences on Wall Street have been the develop ments concerning St. Paul, the Har riman lines and thts steel corporation. All of these great concerns are suf fering from diminished profits owing to the awkward combination of de creased revenues and increased ex penses. In the case of steel a consid erably larger volume of business was transacted in November and Decern ber. but the reduction in prices offset these gains and accounted for the heavy shrinkage in profits. The win ter has been a severe one and traffic has suffered more interruption than usual, so it remains to be seen what the effect will be of these unfavor able conditions upon traffic earnings generally. Apparently we are in an era of declining profits, and dividend prospects will be a matter of keen interest during the next few months. There has been a much better de mand for bonds recently, those show ing good returns being promptly ab sorbed, while short term notes are a'.so in good demand. Institutions and wealthy buyers have been investing more freely, and while January was not entirely a satisfactory month, still the sum total of transactions was very satisfactory considering adverse in fluences. Security issues in January were the heaviest on record, amount ing to over $340,000,000, or about $115,000,000 in excess of a year ago. Important new issues are still pend ing, awaiting more favorable condi tions. Our big railroads are particu larly in need of funds. The outlook is not without its good features, but con ditions are still sufficiently uncertain 8EBVI0S SATISFACTION ENVELOPES ALL 8IZB8BP ALL KINDS Hosklns' Stationery Co. Bismarck. North Dikota We Deliver Phone 19 to warrant prudence, aid speculative operations should be confined to con servative trading In either direction. The drift of prices for the present points downward, with frequent ral lies upon 'avorable news or over-ex pansion of the short Interest. An eastern supreme court justice handed down an opinion in which he declared a certain aged disciple of theosophy was sane Referring to the defendant's belief in theosophy, the justice said: "The circumstance that a man is obessed with an extraordi nary and-eccentric belief dees not in itself constitute insanity, for there are manifold beliefs held by men equally if not more strange than those held by Mr. Fullerton." Yes, indeed. Some persons believe we are going to have a democratic president. The iM'Naniara case will* be but a puny affair, as compared with the prospective trial of the thirty or more persons who will be indicted, so it is stated, by the federal grand jury at Indianapolis for complicity! in a gigantic country wide dynamit ing conspiracy. Ex-governor Folk of Missouri has opened his campaign for the demo cratic nomination -for the presidency. Here is one case where the "Folk's" campaign is not the people's. Representative Underwood would refer the money trust investigation to the house committee on banking and currency. If Underwood, Unter meyer wouldn't. Sweets have been barred from the naval academy. No danger now of any of the midshipmen becoming candy kids. FLAGS OF ADMIRALS. Rank Told by tha Stars and Seniority by tht Colors. In old sea stories one occasionally comes upon the term admiral of the blue, red or white. In bygone days the color of an admiral's ting proclaimed his rank. Now it denotes his seuiority. Heuce it comes about that nu admiral must carry three personal flags in his locker. There are three grades of admiral admiral, vice admiral and rear admi ral. At one time commodore made kind of half admiral, but that grade has now been abolished. The rank of an admiral Is made plain to all seafaring persons by the num ber of stars ou the flag hoisted at hit foremast head. Thus four stars show an admiral, three a vice admiral and two a rear admiral. This is simple enough, but the harassing question arose, What if two admirals, two vice admirals or two rear admirals should happen to sail into |ort. each with a squadron? What, indeed, if three ad mirals, and so forth, should appear ou the same scene? How could any one distinguish between them? Some in nocent governor or mayor returning a visit of courtesy might call upon the junior first, and that would be a bad blunder. To obviate such a mischance it is now the custom for admirals.to mark their seniority by the color of their flags. Thus if three rear admirals happen into a port the senior flies a blue flag with two stars, the second a red flag with two stars and the junior a white flag with the same constella tion. If the senior should leave port first the second promptly hoists bis blue flag and the junior the red. Then If the second admiral steamed away the junior would hoist the blueflagfor all the personal satisfaction there was la it. But here a serious question comes np. Suppose in the meantime a fourth rear admiral appeared on the scene. Then, as a naval authority explaius, the situation for the respective flag lieutenants would become complicated. There would be two rear admirals of the white, oue senior to the other, yet. so far as naval etiquette goes, indis tinguishable in a flag sense even to an able seaman. Of course this is not very likely to happen except where the fleets of sev eral nations gather. Then there would be a tremendous scramble to hunt up dates of promotion, became the flag lieutenant who carried his admiral off to call upon a junior would thereafter be an unhappy flag lieutenant Youth's Companion. Blake's Invisible Modtl. William Blake, the artist and poet, moved continually in a company of an gels and patriarchs. J. F. Nisbet in his "Insanity of Genius" recalls the story of a friend of Cunningham who once called ou Blake and found him sitting, pencil in band, and drawing a portrait with all the seeming anxiety of a man who is conscious of having a fastidious sitter. He looked and drew, and drew and looked, yet no living soul was visible. "Disturb me not.*" said Blake in a whisper. "1 have some one sitting to me." "Sitting to your* exclaimed the astonished visitor. "Where is he? I see no one." "But I ace him," answered Blake haughtily. "There be is. His name to Lot Ton may read of him in the Scriptures. He is sitting for his portrait" A OUST MOP AND FLOOR POLISHER. Takes np and holds an dust, dirt and germs. WEBB BROS Bargain Basement BI8MABOK DAILY TRIBUHE :»»»—0*om****i0i**** ##»»»»»». Capitol Run WILL INCREASE STOCK. The Gwinner State bank has been authorised to increase its capital stock from $10,000 to $20,000. WILL ASSIST PROSECUTION. Attorney General Miller left today for Grand Forks, where he will ap pear tomorrow in the prosecution of the murder case against Sylvia Mol stad, who caused the death of her illegitimate child while a hotel of that city. GENERAL MANAGER HERE. L. D. Richardson, general manager of the North Dakota Independent Telephone company while here to day from Fargo, was at the capital this morning to confer with Secretary Hall of the railway commission re garding a schedule of telephone rates. ARGUED TOMORROW. Among the arguments to be heard tomorrow in supreme court will be the case against the defunct Peoples State bank where some state funds were deposited when the bank went into the hands of a receiver. WILL I'ALK GOOD ROADS. State Engineer Atkinson left today for Fargo, where he will appear to morrow before the commissioners of Cass county In the matter of good roads for that county. On the fol lowing day he goes to Minot where he will talk good roads before the Mouse River Farmers association, and on Friday he will be at Lakota to take up some drain matters with the board of drain commissioners of that county. HOSPITAL FOR WILLISTON. The Wittenberg Hospital Associa tion at Wllllston has filed articles of incorporation with the secretary of state. The new hospital will have church affiliations and the incorpora tors are Rev.-Albert Johnson, T. »J.Inly Hougen Simon Westby, L. C. Win gate of Wllllston, and O. J. Hagen of Culbertson. LARGE COLLECTIONS. The state land department has just finished compiling its statement of receipts for the month of January and the Tribune expects to be able to give some figures in detail in a day or so regarding the large amount received for that month. The collec tions for January of this year are byonly far In excess of former years, but there are bond propositions enough filed with the department to give the board university and school lands plenty of opportunity to dispose of all the money the law permits them to loan. COUNTY 8EAT CASE. The famous Lignlte-Bowbells coun ty seat fight will not be argued before the supreme court till the April term. Judge Templetoti of Grand Forks de cided the case in favor of Bbwbells, and the Lignite people have appealed to the supreme court. The attorneys have been working diligently on thecredited case now for six months, Lignite claims it won the county seat fight by 108 votes and that many of the votes were thrown out unlawfully, while Bowbells claims that the votes were thrown out because they were illeg al. STATEMENTS LATER THIS YEAR. Owing to the fact that the last ses sion of the legislature extended the time to March 1st for insurance com panies operating the state to have their annual statements «ued with our Insurance commissioner, the abstracts going to the newspapers for publica tion will probably be some later this year In reaching the publishers. Com missioner W. C. Taylor says on that account it will be impossible for his department to have the statements reach the publishers as early as here tofore and that he will soon send out a circular to all newspapers explain ing the change of time. AUTO LICENSE8. Automobile licenses have been is sued by the secretary of state today to the following: I 172—W. C. Langdon, Fargo. 173—Chr. Rodal, Cummings. 174—First State bank, Fordville. 175—0. C. Attleweed, Beach. 176—Dr. E. P. Qualn, Bismarck. 177—Wachter Dray and Transfer Co. Bismarck. 178—Frank Rudnik, Minto. 179—J. B. McEown, Surrey. 180—Angus J. Johnson, Fordville. 181-^J O. Robertson. Carrlngton. 182—Sidney Clarke. Grand Forks. 183—R. S. Lunde, Cooperstown. 1S4—L. O. Highly. Williston. 185—W. B. S. Trimbly Co., James town. 186—O'Connor Bros., Grand Forks. 187—A. J. Hutchins, Lakota. 18S—'Alfred Mikalson. Haxelton. 189—Crandell ft Monosmith. Minot 190—F. R. Smyth, Bismarck. Dogs That Eat Crabs. There are crab hunting and crab eat ing dogs in Brazil. The dogs are half fox, but they do not seem to care very much for poultry. They have been known to turn up their noses at nice fat pullets and go fishing for crabs in stead. The dogs hunt in packs along the banks of the rivers In the Amazon valley, and the crawfish and land crabs of that region are their especial prey. The crabs often put up a vigorous fight, but the dogs have a way of turning tbeni over and biting them In a vital spot just as the thoroughbred terrier polishes off a rat.-New York World. Toe Much For Him. "Allow me." saJd the fresh young ci«n :n the PuHmsn dining car as he passed the sugar bowl to a shy young girl: "sweets to the sweet, you know." "Allow me." said the girl as she handed him a plate of crackers "crackers to the cracked, you know.*— Ladies* Home Journal. Rooms, hot and Cold water, $1.00 per day, with toilet $1.25, with private bath $1.50, $2.00, $2.50 and $4.00, two persons in a room one and'half rate. Club Breakfast 25c aud up Noonday Lunch .». .35c Evening Regular Diane 50c Services from a la carte bill at all hours. MEN OF WEIGHT. Three of This Notable Eleven Wore Undor 200 Pounds. On Aug. 10. 1778, General Washing ton and ten other officers of the Revo lutionary army were weighed at West Point, N. Y., and the resutf is pre served in an item from the English magazine Notes and Queries. Only three of the eleven weighed less than 200 pounds. The heaviest was Colonel Swift, whose 319 pounds made him lead the next. General Knox, at 280, by thirty-nine pounds, but Knox was twenty-eight years old. Then follow Colonel Michael Jack son. 252 Colonel Henry Jackson. 238: General Lincoln, then forty-five years old, 224 Lieutenant Colonel Hum phreys, 221: Lieutenant Colonel Hun tington, 212. General Washington, forty-six years old, weighed 200 pounds and was fol lowed at quite an interval by Lieuten ant Colonel Cobb and General Hun tington, who weighed 182 pounds each. It is amusing to note that the heavi est man's name was Swift and that of the lightest General Greaton. who is with 106 pounds. 163 less than Swift's record. The total weight of the eleven. 2,485 pounds gives 226 pounds as the aver age, but Swift being omitted the other ten averaged only 217 pounds. They were certainly men of weight and substance and a heavy team—if we may compare them with a modern football eleven—that might well chal lenge comparison also with our mod ern military men. PAINTED OUT HIS HEAD. Revtnge of Carolus Duran on His Pu pil, Sargent. When John S. Sargent, the famous portrait painter, studied in the atelier of Carolus Duran in Paris his teacher showed his fondness for him by paint ing In his bead in the great celling of the Luxembourg palace. Even after he branched out for himself his mas ter often sent for him to come over to his studio and pose, his hands having especially won the admiration of Caro lus Duran. The time came, however, when Sar gent could no longer answer the beck and call of his teacher, for he was getting work of his own to do, which would not allow him to leave his studio at a moment's notice. One day. It is related. Carolus Duran sent a hur ry call for him, and when he received a note saying that Sargent was com pelled to decline his request owing to pressing work he was furious. A few days later a friend, to whom he had confided his anger at his recal citrant pupil, asked him: "Well, how is It with Sargent? Have you made np? How is he?" 44Ah, no," said the painter, and he looked sad and bis shoulders went up. "How Is it with Sargent? Cest flair Another shrug. "Cest lint! Ifs all} over! I have been to the Luxembourg. I went and got a ladder, and I paint ed out his head!" A Notehle Day's Work. Robert Burns composed bis master piece. "Ttm o" Sbanter." in one day in the open air. Burns went out of the house in the morning and. not return ing, his wife joined him in the after noon with her two children. Seeing that he was "crooning to bimsely she forebore to Interrupt him. but stayed in the fields at a distance, where she could see him. She observed him wild ly gesticulating and at times fairly leaping with Joy. She said to Allan Cunningham, the poet, after ber bus band's death. "I wisht ye had seen him he was in such ecstasy that the tears were happing down his cheeks." He committed the poem to writing by the riverside and went into the bouse and read it to bis wife at the fireside with great triumph—one of the most notable day's work ever done in Scot land! »»*»»»»»t»»»»w»«»w»»«««i +*+mo***0mooooo*+oo*o»*0*—*++****+t++****f****+*+***++**+******* E. G. PATTERSON, Owner and Prop. Opposite Depot Park—Bismarck, N. 0. wtwm»—»»—»»om»ppi»i»p A Fool For a Fool's Mission. The government was contemplating the dispatch of an expedition to Bur ma, with a view.to taking Rangoon, and a question arose as to who would be the fittest general to be sent in com mand of the expedition. The cabinet sent for the Duke of Wellington and asked his advice. He instantly replied. "Send Lord Cambermere." "But we bare always understood that your grace thought Lord Camber mere a fool." "So he is a fool, and a fool, but he can take Rangoon."—"Collections and Recollections." by One Who Has Kept a Diary. Roply of a "Boardloss Boy." When Keppel. a commodore at twen ty-four, was sent to demand an opolo gy from the dey of Algiers for an in sult to the British flag he took so high a tone that the dey exclaimed against the Insolence of the British king for charging a "beardless boy" with such message to him. Replied the beard less boy. "Were my master wont to take length of beard for a test of wis dom he'd have sent your deyshlp a he goat**—London Standard. Cause of the Formality. First Bohemian—May I borrow your gray tie? Second Ditto—Certainly! But why ill this formality of asking permis sion? First Bohemian —I can't find London Tit-Bits. MONDAY, FEBRUARY 8, 1%lfc O EL The Pride of Bismarck Absolutely Fire Proof E E O E A N Good enough for anybody, not too good for anybody. The very best of every thing at sensible prices. Dairy in connection open day and night. At the following prices you can stop at the McKenzie: Rooms with hot and cold water including three meals $2.10 per day hot and cold water and toilet $2.35, with bath $2.60. Electric Passenger and Freight Eleva torservice. Sample Booms on 7th floor fWWM, Amusements ORPHEUM Th9 new bill that Manager Bauer has arranged for his many patrons is sure to be well received. Two acts will compose the vaudeville end andlees a well arranged picture program has been secured. Vance Hover That Unique Fellow has a somewhat diff erent stunt in the line of singing, talking and dancing. Frances Loh rlng is biUed as "That Talking Girl." "The Three Musketeers" in two parts will be the feature picture, the com edy "The Rival Stage Lines" is a sure cure for the blues. Ethel Moore Bauer will nave a new song and all new music by the orchestra will com plete the program. Ancient Guidebooks. Guidebooks for the use of pilgrims to Rome, known to exist in a rudimentary form since the time of Charlemagne, took a definite and characteristic shape in the twelfth century with the "De seriptlo Plenaria Totlus Urbis" and with the "Graphia Aurea" of the thir teenth. The institution of the Jubi in the year 1800. calling to Rome hundreds of thousands of wayfarers, opened a new market for descriptive literature on the Holy City, and new editions "De Mirabllibus" were pro duced at least four times each cen tury.—London Atbanaeum. Bijou Theatre Mon. Jan.12 Return of IDA ST. LEON (A Circus Artiste that is a Real Actress) In the Great American Play "POLLY OF 4 TH E CIRCUS" By Margaret Mayo A REALCIRCUS ON THE STAGE Assisted by the World's Famous Acrobats and Bareback Riders, the St Leon Family Prices $1.00and $1.50. Seats on sale at Knowles & Haney •Acts Tonight Vance Hover That Unique Fellow Frances Lohring "That Talkative Girl" Photo Plays "The Three Muskateers" In two parts "TheBiTsi Stage Line" Comedy Ethel Moore Bauer Illustrated Song Two Complete Peformance* Nightly WED.