Our Industries and 11^all Street
By CHAS. M. SCHWAB,
Former President of the United States Steel Corporation.
Wall street does not reflect the industrial situa
tion. I do not feel competent to pass on the causes
for the Wall street depression. I am in the steel
business. But I do know that they cannot and will
not directly affect the industry of the country. It is
true that there is a temporary diminution of the great
volume of business that we have been doing, but that
does not mean stagnation.
Labor’s exorbitant demands have done more than
any other one thing to bring about this set-back.
This is especially true of the building trade. Of
course, too, capital is not so free as it was. We can
not always expect to have the unprecedented demand that we had a
short time ago. That was an abnormal business condition. There may
be a slight falling off now and then, but the increase will none the less
be steady.
In 1870 the steel products of this country were 1.000,000 tons. This
year they were 15,000.000 tons. That doesn’t look like going backward.
And the volume will continue to increase. These little disturbances, in
my opinion, are not alarming. They will come at times from one cause
or another. But I predict that we will have plenty of business in this
country for a long time to come.
SOME QUEER RULES.
Directions Governing the Household
of Henry VIII. of England.
The only alteration in the fol
lowing, says tin* London Mirror, is
the difference* of the orthography.
They are extracts from a curious
manuscript, containing directions
for the household of Henry VIIJ.
of England:
“His highness’ baker shall not
put alum in tin* bread nor mix rye,
oaten or bean flour with the same,
and, if detected, he shall be put
into the stocks.
“His highness’ attendants are
not to steal any locks or keys, ta
bles, forms, cupboards or other
furniture of noblemen’s or gen
tlemen’s houses, where he goes to
visit.
“Master cooks shall not employ
such scullions as go about naked
or lie all night on the ground be
fore the kitchen fire.
“No dogs to be kept in the court,
but only a few* spaniels for the la
dies.
“Dinners to be at ten and sup
pers at four.
“The officers of his privy cham
ber shall be loving together, no
grudging or grumbling or talking
of the king’s pastime.
“There shall be no romping with
th<* maids on the staircase, by
which dishes and other things are
often broken!
“The pages shall not interrupt
Hie kitchen maids.
“The grooms shall not steal
his highness’ straw for bed, suf
ficient being allowed them.
“The brewers not to put any
brimstone in the ale.
“Twenty four loaves a day for
his highness’ greyhounds.
“Ordered, that all noblemen
and gentlemen at the end of the
session of parliament depart to
their several counties, on pain of
royal displeasure.”
WHAT RAILROADS DO FOR US.
Perishable Small Fruit Transported
to New England Markets.
In this wet and sunless season,
when fruit has been so scarce, the
l*est melons received in the Hart
ford (Conn.) market have come
here from Mexico and Colorado,
says the Hartford Courant. These
have been very choice and notn
lily tin<*, not the makeshift of an
emergency. Who would have im
agined. a comparatively few years
ago, that perishable small fruits
would be carried such distances?
The trunk line of railroad, the re
duced cost of transportation and
the introduction of the refrigera
tor car have made this amazing
result possible.
And, after all, that is only one
of t la* many astonishing incidents
of the markets of the day. .lust
think of the statement now made
public that last year there were
imported into this country over
25,000,000 bunches of bananas. It
is not so long ago that a banana
was a luxury. It has become one
of the cheap and abundant fruits.
In their time we get strawberries
from as far as Florida and peach
os from Georgia, and the supply
of California fruits that the ears
bring us is said to be only the sug
gestion of what is coming later.
They have found eases in Mon
tana, Idaho and other far western
states where it is said that the
finest fruits of the country are
grown. As this fruit culture de
velops the market of the east will
get 1 he benefit.
It is with these small delicacies
that the marvel of the transpor
tation seems most evident, but in
fact we are dependent on the cars
for practically everything we
need. Our meats come from be
yond the Mississippi and our flour
comes as far. We could not live a
week on our own resources, and
the whistle of the steam engine
and the roar of the cars are the
announcement of the coming of
the things that we must have to
keep a going. On the other hand,
of course, the things that we are
making are necessary to the pro
ducers elsewhere, and it is in the
exchange of these services that
we all keep busy.
PHARAOH’S CORN A FAKE.
Crop Proves to Have Come from Seed
a B07 Planted.
Some firm* ago there was a won
I derful story in the European jour*
| mils about certain grains of an
| cient Egyptian corn which had
i been planted in Germany and had
' duly come to life.
The grains, they said, had beou
found in an Egyptian sarcopha
gus and had been planted by a
Dresden florist. Some days later
the corn appeared above ground,
much to the surprise of scientists,
who did not suppose that there
was life in grains which were
4,000 to 5,000 years old.
The corn, however, says Stray
Stories, was certainly growing,
and even tin* most incredulous
among them soon became con
vinced that grains have a lease of
life to which there is practically
no limit.
Alas! A boy employed by the
Dresden florist has now confessed
that he planted some ordinary
grains in the same place where
his master had planted the Egyp
tian ones and only .a few hours
after the florist had completed his
work.
This was sad news for the sci
entists and for the numerous
journalists who had written en
I thusiastically about the ntiracu
| lous qualifies of the ancient
grains.
Clever Birds.
It is said that parrots are the
cleverest of all birds. They have
such a well organized police sys
tem that no other bird ever ven
tures to attack them, and they in
variably die of old age.
What’s the Use?
One can raise a lot of disturb
ance most of the time, but what's
the use!—Washington (la.) Dem
ocrat.
HOTEL CLERK’S SUPERSTITION
Won’t Allow Guest to Close Register
If He Can Help It.
“Do you know,” remarked the
night elerk, with his most win
ning and interrogating smile, ac
cording to the New York Times,
“that of all the superstitions held
by the hotel guild the strongest
is that of the oj>en register? Of
course, you are aware,” he added,
“that we will never allow it to be
closed if we can help it. Queer
idea, isn't it? Some of us attempt
to deceive ourselves as well as the
public when we are questioned
about it. We say our desire is
that it shall remain open in order
to be ready for the signatures of
guests. But when we say that,
don’t you believe us!
“The real reason is that we’re
superstitious about the closed
register, just as the average guest
is about Hoorn IB, though, by the
way, most hotels do not have any
room bearing the hoodoo num
ber. Yes. sir, it’s deuced unlucky,
in our opinion, to close the regis
ter.
"No, I don’t know that the su
perstition is known to the major
ity of travelers, but it does hap
pen now and then that the clerk
will be forced to rush to the desk
in order to prevent some guest
from closing the big book.
"I had an experience of that
sort yesterday. A newspaper
man had just consulted the regis
ter, and in a fit of absent-minded
ness was about to close it when I
hastily intervened to prevent him.
Of course, I had to tell him why.
You see, our mental attitude in
this matter closely approxi
mates that of the youngster who
crosses his fingers when a cross
eyed person looks at him.
“No. I don’t know that it makes
any difference; but, as I have
said, I never allow the book to be
closed during my watch if I can
beat the other fellow to it.
“At any rate,” he added, with a
dubious smile, “hotel registers are
meant to be written in. and a man
can’t write in them if they are
closed, can he?”
USE OF TOBACCO.
Is Far from Keeping Pace with
Growth of Population.
A century ago the colleges
penalized the use of tobacco in
public and discouraged its use in
private. Even half a century ago
some rules lingered on this sub
ject, says the Philadelphia Press.
They have all disappeared. In
colleges tobacco is freely used,
and even tin* titling schools are
less severe in their rules against
its use than they once were. The
per capita consumption of tobac
co in this country does not in
crease and the aggregate amount
imported and used is very far
from keeping pace with the
growth of population. Vastly
more is used in cigarettes and
vastly less inchewingtobacco,but
the pounds consumed do not much
increase. Our crop has changed
little in 20 years and exports have
increased. Imports grow because
more costly cigars are used but
the total imported is in a small
proportion to the aggregate con
sumption. Bnt people are easier
over the use of tobacco than they
once were. More clergymen
smoke. The open trolleys cars per
mit it. The railroads provide
more comfortable quarters for
smokers. It is even whispered
that the college girl sometimes
smokes and that the traveled
young woman uses an occasional
cigarette. More smoking is seen
on the streets than was once. Yet
the number of smokers is prob
ably less, and the number of
young men whom athletics ami
training keep from smoking is
larger than ever.
Alps’ Death Toll.
Never in the history of the Alps
have death and disaster been so
common on the mountains as dur
ing the present season. Over 3(H)
accidents have occurred, result
ing in the loss of uo fewer than
lot) lives.
ADAMS BROS.,
Dealers In
Geoeral Merchandise, and
COTTON BUYERS.
To The Farmers:-We want your produce and will pay the highest market
price, cash or merchandise.
KENTUCKY PRINCE SALOON
W. T. Magness & Son, Proprietors,
pir^e ©Id rfeifcfcucl’gr W^is^ieS. Wii^es
CIGARS- TOBACCO AND SO ON.
I3TJug and Bottle Trade a Specialty. Your Patronage Solicited.
We Need Help Badly, and Must Have it—
Not to work in the store—hut to carry off Light Bread, Sugar-cured
Hams, Breakfast Bacon. Sugar, Coffee, Flour ; and, in fact, every
thing m the gioceiy line. We guarantee satisfaction, or money
refunded. We also need your produce, and if we haven’t got what
you want will pay you the money for it, All goods delivered free
of charge anywhere within a mile of the store. Phone No. 66.
F- M, Martip & Son
W. T. MAENESS
—DEALER IN—
Live Stock, Corn, Hay and Feedstuffs.
Highest riarket Price Paid For Cotton Seed.
Make Your Wants Known to the
NewarK, Real Estate <Ss Loar) Co.,
5. A. MOORE, Secretary,
Newark, • Arkansas.
at sl 1at t, ttttis ^
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$65 SEWING MACHINE
FREE!
The Journal has a beautiful, automatic drophead White sewing
machine,with all the latest improvements, which will be given away
absolutely free to the subscriber guessing the correct or nearest cor
rect number of grains of corn contained in a half-gallon fruit jar
which may be seen at The Journal office.
Every person subscribing for The Journal and paying one dollar
therefor will be allowed one guess for each dollar paid on subscrip
tion. The contest will close at 12 o’clock, noon, on Monday, the 21st,
day of December, 1902, and the name of the winner will be announc
ed in the following issue of The Journal, of Friday, December 25,
thus giving the winner a beautiful and useful Christmas present.
A committee of three disinterested parties, composed of Attor
ney S. A. Moore, E. 11. Chesser, cashier of the Bank of Newark, and
Prof. T. J. Raney, have seen the jar filled and will certify that no
one knows the number of grains in the jar. The above named gentle
men will also count the contents of the jar and decide the contest.
Kill out the following blank and send in your guess accompanied
by One Dollar. You can send the paper to a friend or relati\e and
have the guess credited to yourself.
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Date
1903.
it/ I Guess There is.Grains of Corn in Jar.
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it/ Enter guess to
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(Write your nuess and name and address as plainly as possible.)
Editor The Newark Journal:
\t* Find enclosed herewith $1, for which send
it/
it/ The Journal to___
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it/ P. O_State_
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