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..The Libby Herald..
PUBLISHED EVERY THURSDAY BY THE HERALD PUBLISHING COMPANY G. E. SITAWLFR - - BusinessMgr. Entered as second-class matter August 17, 191, at the postoflice at Libby, Mon tana, tinder the Act of March 3, 1879. TiTURSDAV, JAN. 4, 1912. Let Us Look Forward. At the hour of midnight on Sun day last, December 31st, the clock struck "the knell of the departed year." All bade farewell to our friend who greeted us one year ago with 'A Happy New Year," and who now has joined the passsing pro(cssion of centuries. The year of 1911 belongs to yes terday; the year of 1912 is that of today. The Herald has only good wishes to its old and new friends and the hope that all may enjoy the best of life's rare possessions as the year goes on. As the new year has opened a bright, clean page before us, upon which to record the events of life, let us not fold our hands and look back to the failures of the past. Banish from our thoughts the appearance of the blotted ink-be smeared page, and record thoughts and events that will stand the test of time. Accept the burdens of the new year with a light heart and look with exultant gaze forward, to the future in store for all. * Undoubtedly the new year will resemble the old, except as we em bark in the achievement of newer and greater things. To be pro gressive, to be certain of the full enjoynent of life, we must accom plish more than in the last year. Tear asunder all blue anticipa tions and dark forebodings. Re mlemher that while the sun will be ol)'bcnred by dark clouds, and our paths he beset with rough places, the golden sunset is always the promise of a bright tomorrow. Be happy in the thought you are alive and can do something to les sen the burdens of others and brighten the lives of all around ,ou. Few die from doing too much good, while many die from the policy of "do nothing." Let the new year resolve be success. It is by deeds of kind ness and self sacrifice that we will he able to make this a really and truly happy year for this new one of 1912 State Senator Donlan of Missoula for some time has been mentioned as the "logical" candidate for gov ernor next fall on the republican ticket, but 'whispering Ed" ve toes the idea by saying, "I would not even accept a certificate of eiectiun, studded with diamonds." Donlan was the last republican candidate for governor and was the only candidate on his ticket who failed of election. He was swamped b" a big majority and is probably stili figuring out how it happened. To Regulate Trusts. No fact is more definitely settled in the American mind than that the Sherman anti-trust law is on the statute books to stay and the business interests will of necessity have to square itself to the situa tion. The anti-trust law has been on the statute books for 21 years. To day the people demand its rigid and vigorous enforcement. The Anmeri ein people demand that all offend erN of the law be punished as well as that all corporations guilty of a violation be disorganized. No longer will the American people discuss the evils or benefits of the trusts. The trust has been formed, it is here and how to regulate it is the vital question. The decision of the courts in the Tobacco and Standard Oil cases has served to bring before the American the question that an en forcement of the anti-trust law, in so far as dissolving the trusts, is merely a change in the form of or ganization and duly provides a new method of violating the spirit of the law. Under the decision of the court as to the plan of reorganization of the Tobacco trust the people, it seems, will be in worse plight than before the dissolution of the trust. Even the judge who approved the plan of reorganization apologized for approving the plan. The plan of dividing the Tobac co trust into 9 separate corpora tions, each controlled by the same individuals who originhlly con trolled the trust corporation itself, needs no illustration to show the ridiculous anomally of the court's decision. Six men control the American Tobacco company. Un der the law it must dissolve. It is wrong-it is criminal--to become a trust, but we let the same six men reorganize 9 smaller corporations and there is no trust. The only result is to make the six persons hold nine directors' meetings in stead of one. No one expects them to force competition or wage a war of prices among their own companies. Another remedy must be found in dealing with the trusts. One remedy suggested is a national in corporation act, placing the corpo rations under government control. The national banks are so situated; why not industrial corporations? The government could regulate their acts and bring about the competition in trade so much de sired by all. A resolution that will stick : "Resolved, That we will have a bigger and better Libby." Nonuse of Land 'is Misuse. When agricultural lands are not used it is misuse. Land should be so used as to get the best and the most out of them. To secure efficiency we must eliminate waste. Misuse and non use are a loss to the wealth of the world. The fundamental proposition is development. Do away with land lordism that holds lands for specu lative purposes. The remedy lies in taxation. Study the question seriously and then let us agree on the funda mental principle, i. e., tax the land, not improvements; tax the wealth of the nation, not .he result of energy. Encourage improve ments of all kinds, investments of every character, penalize the mis use and nonuse of the speculative holdings. It is all right to feel your oats if they are not too wild. Railway Pooling. No more important measure has ever been presented to congress than the proposed bill to allow "railway pooling." The railway magnates, to coun teract the effect of railway rate regulation, seek to iave congress allow the railways to pool. The people have suffered from freight rates for years and now to permit of any sort of pooling will but be I to sharpen the knife so long sus pended over the consumers of the i country. Pooling means the destruction of competition; it means the increase of corporate wealth. The people "will pay the freight." Let the railroads pool and the price of - conumodities will be as they dic I tate. The railroads will haul what and when they please. It will be - the inauguration in all commodi I ties what the people east of the t Alleghenies have been compelled to endure this year as to coal ; it will be to turn backward in the pro ; gress of rate regulation so far se cured. It is to be hoped that congress will not permit the outrage to be perpetrated. The proposed bill tmeans another issue for the Ameri can people to solve. The congress man or senator who casts his vote in favor of the Railroad Pool bill should be "recalled" from public life. If you want the best on the Great Northern line, go to the Hotel Richards Greeu S. It. DENNIS t "m "m Proprietor Steam Heat, Hot and Cold Water Bath. Cusinethe e Wato erfun For sale-r6 inch, 18 inch and 7-ft. ts uisine wood ; cash when delivered. Leave orders with J. P. Wall. The only fire-proof and modern hotel in Libby B. F. HOWARD & SQN. /ri FRESH EGGS 50 Cents THIS WEEK LIBBY GROCERY CO. COR. MINERAL AND 4TH e t e e t e S Important Notice. S wVith a $6,ooo,ooo power plant at Koo tenai Falls, a $2,000,000 smelter at Lib by, a.$!.500,000 sawmill at Libby and with two more railroads to be be built into Libby, a Lot in Libby is a Good In e vestment. The Libby Realty Co. is re e adjusting its list of prices on business and It residence property and anyone wanting a lot should get one at once. Prices changed without further notice. Terms i * reosonable. Call on or address LIBBY REALTY CO., e First Natl. Bldg. Libby, Montana if wS There's a rmason why people like to drop in at.... BLE W'S . bby Montana THE BEST OF TREATMENT, THE BEST OF GOODS. Wines, Liquors, Beer and Cigars. Only Good Goods Kept in Stock. W. W. BLEW, JR., Propr. "Solo" Hdqrs. This means Money to youl Watch this space LINCOLN MERCANTILE L COMPANY The First National Bank of Libby Opened for bhiineiu Jan. 19, r19o CAPITAL $25.000 - - RESOURCES $100,000 OFFICERS: C. ED LUKENS, President F. M. PLUMMER, Vice-Pres. CHESTER A. ADAMS, Cashier DIRECTORS : JAS. STONECHEST E. W. DOE F. M. PLUMMER C. ED LUKENS CHESTER A. ADAMS +.BEST BEER Our beer is made from the Famous Montana Barley and Bohemian Hops, imported from Europe.... Kalispell Malting & Brewing Company KALISPELL, - - - MONTANA. 1++++++++++++++++++N+"+++. +++N+ +4 Kootenai Deal in all kinds of Real Estate and Real Estate Land Improvements. Loc a t e Parties on choice Fruit and Dairy lands. Investment Make a specialty of Koo tenai Valley lands, but Company will buy and sell in all parts of the county OFFICES IN LIBBY AND TROY At Hotel Richards, Libby - At F. B. Callow's, Troy F. M. Plummer Dealer in Dry Goods, Clothing, Shoes Groceries and Hardware Sells the Henderson Corsets... PRICES: $1.25 to $6 X $3.50