Newspaper Page Text
Monday, September 5, 1910.
2 (Continued From Page Gne.) TCT. TAwSO HERALD e voices cheered his appearance on the stage to address the Conservat.ofi con gress. His speech completed, thejpresl dent left the great auditorium midst a storm of applause. He again entered an automobile and was conveyed to the new St. Paul hotel, where he was shown to his suite for a short rest. Following luncheon with the gover nors and other prominent men, the pres ident again entered an automobile and was conveyed to the state fair grounds ' -where he spoke before a mammoth crowd in the grandstand. Governor O. A. Eberha-rt, of Minne sota, delivered the address of welcome to the president on behalf of the 'state In the auditorium and mayor Keller welcomed him for the citizens of St. Paul. Conservation Congress Open. The congress opened at 10 oclock when Bernard N. Baker of Baltimore, president, caWed the delegates to order. Arshblshop Ireland, of St. Paul, de livered the invocation. There was every prospect of a warm fight for contral between the "states' rights" delegates and those favoring na ilonal control, when the congress opened" Before the convention was called to or. der, the delegates freely discussed Gif- ford Plnchot's move of last night in forming a national commission for tre purpose of systemizing the work of he state commissions and bringing them Into harmony with the national con gress. Senator Nelson Speaks. Following the address of the presi dent. United States senator Knute Nel son, chairman of the committee on pub lic lands, spoke on "Our Public Lands." At the afternoon session, governor Stubbs, of Kansas, was the presiding officer.' The governors met in con ference and there .was no set program, the chair recognizing tne various gov ernors in order as they arose to ex press their views on conservation. It was believed by the officers of the con gress that these addresses by the var ious governors would tend to show what mar be expected in the way of a con test over the various subjects that are to be discussed 4n the next four days on the floor of the convention. "States' Rights" Bob Up. The recent conference of the gover nors of norfiieastern states at Salt Lake City was attended by state executives -who believe the resources should be controled by the states and not the gov ernment and this question of states rights Is expected to be the great prob lem for this congress to solve. The vu via ni-A!frint todav and the one to be delivered by Col. Roosevelt tomorrow show just where tnese two Seaders stand on the matter. That they disagree is already known. Gov. Eberhart'K Speech. Governor Eberhart in his address said: "The conservation of national re sources does not consist merely in the preservation of these resources for the benefit of future generations, but -rather such present use thereof as wlll result in the greatest general good and yet maintain that productive power which insures continued future enjoyment. "While it Is true that exhaustive re sources like mineral wealth cannot be nncorvpfl for both future and present use, except by economic regulations and 1 the prevention of wasteful meinoas.. conservation deals with their distribu tion in such a way as to nrevent their control by grasping corporations and in dividuals, who would monopolize them for their own exclusive benefit at- the expense of the general public. "In its breadest sense, the conserva tion movement is not limited merely to the consideration of natural resources. Every great convention called to con sider the problems Involved has wid ened the scope of the movement so that today it includes the elimination of -wasteful methods 4n almost every field of human activity and tne conservation of all human endeavor so as to confer on all minkind tne greatest blessings that a bounteous nature and JO cen turies of enlightenment can bestow. AVhat Conservation Is. "Every consideration of natural re sources for the purpose of eliminating -wasteful methods, preserving and in creasing productive power, as well as regulating operation and control, has for its ultimate object the conservation of humany energy, health and life, the securing of equal opportunities for all, and such dissenination of knowledge as will guarantee the continual possession and enjoyment of these blessings. "By far the most important of all nat ural resources is the soil, and the main tenance and increase "o'f 3ts fertility must, therefore, be given the greatest consideration. As long as food is neces sary to human life, agriculture must continue to be the most vital industry Near Sighted People May possibly overlook the fact that you are unst3Tlishly attired, "but don't let iiiis unfortunate minoritj' influence your actions. If you have awakened, to the fact that becoming apparel is a business asset in this exacting age, don't tr- and excuse your remissness by concluding that everybody is near sighted. On the other hand, the keen eyed business man has an eye to your general get ,up' and you cannot hope to engage his at tention unless you are property attired. This estalblishment makes a specialty of dressing men as they should be dressed and it costs no more. Geo. Ao Mansfield 206 Mesa Ave. Get the Habit of man. and the rarm will be the most, general and inrispensable theater of his activity. . Xew Agricultural Birth. "This new birth of agricultural pro gress comes at a most phychological moment. We have developed American toC until the S16.000.000.000 product of our mills and factories ex- j ceeds that of Germany. France and the United Kingdom commnea. e " . built railroads by liberal public and pri vate enterprise, until the United Mates has about one-naif of all the railway mileage and tonnage of tne world. T e have developed banking enterprise and home trade, until vc have the greatest banking power on earth and an internal commerce which far exceeds the entire foreign commerce of the globe. But. the loss in farm values in nearly all of the older states as shown by the census records from 1SS0 to 1900, var.es from 51,000,000 to ?160,000,000 in each state and aggregates the enormous total of more than $1,000,000,000. Is this not sufficient to arouse th eentire nation and cause such a wave of reform as will put into activity every agency and In strumentality for scientific and pro- ressive metnids of agncun.uin .,- j struction. Innronclnr Soil FCrtllltV. "Of still more vital importance, if pos t.i : . maintenance and increase of hl:5 Vw-MitT- ac n snnrce of support for rfuture generations. The soil is the only permanent asset of the tarmer, aim -net returns in crops constitute his an nual dividends. Any impairment of tins asset will not only reduce the dividends upon which his support depends, but will destroy the productive power of the soil to such an extent as to deprive future owners of the most essential r 13,-aliVinn A lOSS Of SI. 000,- nna t -o.-m mIhps such as the omer , states have already suffered, does not It mean merely that this vast bum " monev has been wasted, but that its an nual 'earning capacity upon whlca thousands should depend for support has been entirely destroyed. Forest Protection. "Several of the north central border, states were the chief shippers of lumber onlv a fer years ago. Now our great forests are largely depleted and scien tific reforestation has become as abso lute necessity. One of the most import ant duties the states as well as the na tion have to perform is the transforma tion of this vast stumpage area into forests and farms. The dry season of 1910 has particularly emphasized the Important duty of protection of our forests and settlers from fires. It is a well known fact that enough timber has been destroyed by fire within the last four months to pay for the adequate protection of all our forests for a Period of ten years or more, not to mention tne great loss of human life. Since mineral wealth is exhaustible, it fo'llows that the interest of the people in this important resource should be guarded against the encroachments or greed with the utmost care. . "No commercial nation can long retain supremacy unless it has unlimited sup piles of cheap heat and power, we must not Tvaste our coal and water power. "We have saved millions of dollars annually bv guarding against plant and animal disease and are just beginning to take note of the untold millions wasted everv month through neglect ot preventable and curable disease, impure foods, defective sanitation and healtn inspection in homes and schools, un suitable playgrounds for children and the lack of safeguards against railvay. mine and factory accidents, all of which come properly within the conservation scope." XNTFTE NELSON FEAISES PINOHOT of toi,i Minn.. S:?Dt. 5. Senator i Knute Nelson, of Mannesoca, pretacea a careful- review of public lands acts hfnm National Conservation con gress bv the statement that the na ural resources of the country should be conserved by the individual, the state and "tthe nation the farmer his .soil the state its la-nds, its forests and its ' wdters and the federal govern ment the resources of its mines, its forests and its lands with their ap purtenances. He then sketched the situation at the close of the revolution when the money poor, land rich government sought to dispose of its lands. The well meant laws enacted, (he said, re sulted in small gain to the country and big profit to the speculators, who did not hesitate at shady methods o in crease their wealth. Senator Nelson then reviewed the whole list of la-) laws. The home stead law, passed by congress In IS 62. he said was "of all our public land laiws the most beneficent and produc tive of the best results." He crticised folic commutation privi lege of this law, granting the right to prove up and pay forthe land at $1.25 per acre after 14 months occu pancy, on the ground that settlers who took advantage of this provision left their land to become more valuable solely through the effort of their neighbors. The provisions of the tim ber and stone act, passed in 187S and still in force he said had led in prac tical operation "to much fraud and baleful results." "Enormous quantities of our most valuable timber lands." he declared, "have been secured by fraudulent j methods by the great timber specula tors under its provisions. "This law should have been repealed as soon as the fraudulent methods were discovered. Some five years ago the senate passed a bill repealing the act but it failed to pass in -tihe house." The new policy of the interior de partment in appraising the land in Qtoarl flf IfthMns'- it. tro at n. flat, rrfre. j of 2.50 per acre, the minimum under the law, was commended, by senator NelVm. Alluding to forest reserves, senator Nelson referred in words of praise to Gifford Pinchot. He said there was no systematic effort to preserve the for--ts until 1S91 and again in 1897. "Under this legislation nearly 200. 000,000 acres of public land in vairious states and territories. including Alaska, have been withdrawn and set apart for forestry purposes and are now embraced in the national forests," he said, "and their administration placed on a sound, workable and safe basis througih the initiation, prudence and wisdom of our great forester, Mr. Pinchot. "This legislative and administrative I action came none too soon. Had there been more &elcJy, our (timber Mantis would long before this have passed into private ownership and there would have been nothing left to conserve. No land legislation of recent times has been nrodiictive nf such hpn(ftn,nt ?tj I far reaching blessing as our forestry legislation." J tjy aPk WTP 3ok vJL L Sb, ipfc r & r' A ISM $ y tec Fire Insurance Co. of Public The undersigned, having been requested by some of their fellow citizens to ad; as Trus- tees in the formation of a Fire Insurance Company have consented to act in that ca pacity until the entire body of incorporators and stock subscribers are in position to se lect a board of management and take out a 'charter for such company. In view of the very general interest which has Jeen manifested in such an enter prise it is perhaps needless for us to say anything id the public concerning the advan tages of such an institution in our micfet, but a brief summary of some of them will not" be amiss. A somewhat careful investigation of the reports of the fire insurance companies operating in this field has convinced us and will, we think, convince any one who inves tigates tiiem, that the profits derived from the stock in such companies is one ofthe largest dividend paying investments that can be found. The percentage of risk and losses is now so definitely known that there are but twoaYenuesi;o failure and they are easily avoided. The first avenue to failure woukL be through dishonest management. Tne plan of this organization is for a representative board of directors to be chosen by all the subscribers"from "the business men of El Paso and the Southwest, and the character of such a board will be the best guaranty of hon est management. The second danger of failure would arise from the assumption of large risks in a particular locality. This it is the policy of all fire insurance companies now, even the largest, to avoid, no risk in excess of a few thousand dollars being placed in one risk. It would be the policy of this organization to faithfully follow this precau tion. , , . The law's of this state as well as of almost all the States and Territories now sur- . round the management of insurance companies with similar safeguards 'to those sur- rounding banking, thus making the action of 'State Insurance Commissioners and In spectors a constant safeguard to the investor in insurance stcoks as well as to the insur ing public. ' i , The investigations of recent years which have revealed to the general public the enorm'ous aggregate of the sums yearly paid out. in insurance premiums and the great dividends paid to, stockholders, as well as the great sums accumulated by the compani'e3 as Surplus, have directed the attention ,of people generally to the fact that so long as one city or section 'of tlie countiy is allowed to continue a monopoly of this business, just so long will the balance of the country be drained to pay these premiums and divi- dnds and to accumulate these Surpluses. To remedy this condition all cities throughout the west are organizing insurance companies and if the people of El Paso and the SoutHr west do not take steps to protect their own interests theyj will have only their, own neglect for their reward. ..r&-. It is proposed to organize a company with' an authorized capital of Two Hundred Thousand Dollars, though organization will be affected when stock to the extent of One Hundred Thousand vshall have been subcribed. Under the laws of Texas the stockN must be divided into shares of the par value of one hundred dollars, but no share in the company will be sold for less than two hundred dollars per share. Ths is the plan unif ormly followed in the organization of new companies. It provides' a sur plus such as the law requires as a condition to the commencement of business and it provides a means of defraying the reasonable costs of organization without infringing upon the face value of the stock or needlessly depleting the surplus. The Trustees have entered into arrangements with Messrs. Cruzen & Jones to place the first one hundred thousand dollars of the stock at the price of two hundred , thousand dollars, or two hundred dollars, per share. The commissions and costs of or- I ganization have been reduced to a minimum and will, we believe, be found as low as any, company recently organized or now organizing. It is the desire of those interested that the stock shall be as widely distributed as possible and that the stockholders and directors of the company will be representative of all of the business interests of the Southwest. ' We deem it not improper to add that our decision to act as Trustees has been based solely on the desire to aid in the inauguration of what we believe to be a business enterprise of universal interest in this section and we shall serve without pay. The funds subscribed will be deposited as received with the banks of this city as a special' trust fund and we pledge to those interested our best efforts in behalf of "the company, t J. J. MUNDY. J". M. GOGCHsT. RICHARD F. BUKGES. rganization of The .1 EL Paso, El Paso Jfexas Sep 3rd, 1910. 7 t K