The Austin American from Austin, Texas • 56

THE AMERICAN-STATESMAN, SUNDAY, FEBRUARY 8, 1925. All ailway Boasts 11 Workers in Service Over 20 Years sim Street Beautiful Gardens in Austin Homes tory Is bound to repeat Itself, and the stage Is now set In almost all Industries for such consolidations. If Is true that bank clearings are higher today and that a great quantity of goods are WOMAN M. P. TAKES SHOT AT COLLEAGUES LONDON.

Ellen Wilkinson, labor's sole woman representative in the house of commons, made her maiden speech in that house re cently. Dressed In black, which set off her auburn hair, she spoke vivaciously and earnestly and made a good impression. The little lass, as she Is called by her constituents because of her diminutive size. Is expected to speak often on subjects affecting the welfare of women. FIRST LINE RAH TO HYDE PARK Miss 'Wilkinson finds ths dignity of the commons to her liking, and regards the dull black clothes of members as in keeping with their heavy responsibilities.

Also she has been impressed with the polite way in which men can say cutting things. They have developed, she says, to the highest degree the an of being thoroughly nasty with perfect politeness. DROP SHOULDERS. The drop shoulder line is seen Ir increasing numbers on evening ami dinner gowns. Manager CHARLES SHOEMAKER, Local Mgr.

Fl BALL BUS LINE We' Vf Phots bT Jordan Companir Bsautiful gardens are a distinctive feature of Austin homes. Pongolas, fountains, flowar-banked walks sdd the attractiveness of southern warmth and color to the splendid scenery of the west. Here are two of ths pretty Austin yards. The top Is that cf Will Scarbrough home; bottom that of O. O.

Norwood's Travis Heights home. in the heart of the city equipped with all modern comforts for the traveling public. Austin Station 107 E. 7th St. (Opposite Stephen F.

Austin) FRANK FORD, Passenger station and conveniences 14 Cars Leaving Austin RED Antonio Daily All Austin Closed to San Cars He Heard Sam Houston's Inaugural Speech, So He Came Back to Austin To Hear the First Woman Governor's 'te'rg out trie nanufneturer ts now making ht- lo profit owing to the high cost if manufacturing apd selling. This ondition cannot continue indefinitely and. If such consolidations lo not take place, then the weak -oncers wl'l be eliminated through Bankruptcy. Business Above "Of rourse consolidations of the railt-onds is now being anticipated hv all Both the government and the security owners aie united if 5 upon the need for such combination. The main thing blocking these railroad consolidations seems to be the fear of certain railroad i officials, attorneys and specialists who may lose their Jobs as a ra-Isult.

However, these consolidations are Inevitable and the ac-Ition of the rails on tha stock ex change is now discounting them. Cons.iiidations amongst the Industrials, however, are just as surely ahead of us. This will be accel. iled by foreign competition. Personally do not fear foreign competition so far as the next year or two is concerned, as It will take Europe some time to get industrially so that it can ship low cost goods in large quantities.

The real foreign competition will come three to five years from now; and when this comes, it will come wdth a vengeance. Wise are these manufacturers who refuse to wait but who now get together and prepare for It by reducing overhead, lowering costs on manufacturing, and by developing efficient sales organizations abroad as well as at home. Mr. rtihson referred specifically th" possibility of drastic ct sdidaMons in the automobile ind.istry, the shoe and leather ln- the textile industry. "Genera! business," he concluded, 'is nc.v again above the normal line, registering 5 per cent compared wlt-h 12 per cent below normal six months ago.

1 believe that during the next two months the Ftabsonehart Index: will continue to cMr.nb." BELGIUM FLANS TO HOLD WORLD FAIR BRUSSELS A world's fair Is to take place in Belgium In 1930, In commemoration of the 100th anniversary of the founding of the king-do. n. Brussels and Antwerp, which at first were rivals for the honor of being selected as the seat of the fair, have burled the hatchet and a greed on a compromise by which exhibitions are to take place In both cl'ies. Every Hour on the alf Hour From 6:30 A. M.

to 7:30 P. M. Austin lo Taylor 7 A. 2 P. 5 P.

M. Aiaiin to Waco via. Georgetown and Temple, 4 P. M. Austin to Lampasas 8 A.

12:30 P. M. Austin to Llano 3 P. M. (Connections at Llsno for Brady, Mason and San Angelo.) Austin to Smithville 8 A.

3:30 P. HI. Austin to Georgetown 10:30 A. 4 P. 10:30 P.

M. Austin to Fredericksburg: (Fast mail car) 3:30 A. THE SAN ANTONIO STATION tVhen 'Ma" Ferguson, the first woman governor of Texas, delivered her Inaugural address, there amenx her many listeners an old man with white hair and a 'rhite flowing heard John A. of F. rt W.

r-h who C- years before stood in a womanlCFs crowd hearing the inaugural address of Pam Houston takMng the office as the sixth governor of the sta'e. after having served as the first president of the P.epuhiio of Texas and adminlotered a wond presidential term after It iviniar. The iriauertiratK-ns nreiafon and "Ma" Fertrusep are the only two Miiler hns ev-r Ho came to the la.t berause, lie snya. I war.ted to see tha first woman governor of This state put in office Tr. would have ben better if they had put womn in long ago.

f- there is not eo much rapcalitv when women are around." Flag Bearer. Hne of tha early pioneers in Texas, a fiair bearer in ii-iss Sixth Texas Brigade durinpr the civil war, an intimate friend of many of Texas' famous men of the last six decades, a master Mason for 53 years, end prominent In many Texas historical events. Miller, at S3 yi.ars today etiil retains much of the vigor ar.d love for fun end advent-ire that has led Into many ex; erlennps. pome njnusin i no In efving. the dance on the -it! a for every sd bis eve, ove- the mifrht modern r.e feat'ir' 5 ciai" night of Ma a ln.au; this od man, raid! pretty girl that attra and dnndng with ir.

a stvlo vh! envied hv of A Great Time. be br time of had at Ma's from "and Iv times, Ing the the rrc-r rr iad," tho old man tells bis vidiite whiskers, a bad awful rood was a heap of fan 1 av-anm: fellers bring tr.e all to 9 I each of them without the olher knowing it. They tried to get me to drink to keep Cr. 1506. Sedan service to Austin every hour on Station, 116 Avenue the half from 6:30 A.

Advent of Auto Cuts Earnings of Car System. In August. 1891, the City of Austin passed an ordinance granting the right to operate an electric street ailway within the City of Austin, to M. Snipe, his associates ami assigns. This was the banning the Austin Rapid Transit Hallway company.

Under this grant the first construction work was bogun at Eleventh and Congress avenue and ran south to Sixth street, then west on Sixth street to Rio Grande, north an Rio Grande to Twenty-eighth treat, east ofn Twentyeishih street to Guadalupe street, norihon Guada-ltine street to Fortieth street, thence aast on Fortieth street to Avenue in Hyde Park. This was the first line constructed tor the street ear system. From time to time sine them, extensions have been made, the last of which was made In 1923 on what Is known as the Duval line extending to the Country Club addition, opposite Thirty-fonrth street. The present organi sation known aa the Austin Street Jlatfway company, dates from 1911 rneeeedlna: the Austin Electric Railway company. Keeps Old Employes.

G. F. Springfield, president and general manaser of tna company, aid that this company evidently has the record for keeping its old employees. There are 11 men now working for the company in various capacities whose service dates over a period of more than 20 years. PI D.

Burnett has the distinction ot being the oldest employee the company, and drove the horse cars year before the road electrified. G. E. Turner entered the employ of the company in 1SSS, and is the oldest motorman on the road today. Quite a number of other men With the company have served since the organization in 1SS1.

The 11 men who have been with the company for over 20 years are as fellows! Chas. Ing. W. II. rurdett, George Milton, G.

K. Tumor, Ed C. Cooper, A. C. Kreid'l.

Emil Jaeger, Jesse 1 Rosette, T. G. Miller, H. V. Cooper, V.

A. Bush. New Devices Used. From year to year aa new and safer devices have ccme on the market, the Austin Street Railway company has taken advantage 'if such improvements and equipped tha cars so as to trive the greatest possible protection to the traveling publlo In Austin, rresldent states that It is the pulley ot the street railway company to give the people of Austin the best possible service. The coming of the automobile into such popular use has made it necessary prac tice every known economy in thej operation of the road in order to keep it running.

It has been necessary to pass up the dividends some time, although Austin is! growing rapidly in population. The! increase in number who are trans- ported by automuhlle prevents the railway company from reaping the advantage ot the normal Growth of the city, according to Springfield GERMAN DRYS GAIN GROUND ON AGITATION BERLIN'. The prohibition issue Is gradually becoming a live or.e in Germany. Jjuring the campaign fr parliament recently closed ar.ti-hquor interests f'-r rhe fir time tried definitely to ceiTine! pr'ea and candidates to declare where they stood. Most persoes were able, however, to siiifs-i the I issue without losing any vot'-a.

Among the deman is feT -ird by the German prohibition forces are the followintr: An fn.i'.irso en all intoxiituiiig drinks Hueorted from other countries; immcdiato closing cf all saloons of a s'iady character; restriction of lie i production to the quantify medicinal and religious pe, sequestration of ail brov-en-H nr.d distilleries; socialization of restaurants and hostelries; strict prehibl-tlon of the sale of (ntxir.vtnie drinks to boys and girls ureter nr. Most German people fci- er the last named of those on the whole are 'ts to 1 practicality of stories they read about rum runners nd booze fiphters in the United States ars cited as evidence that prohibition can nti be enforced. JAPS PROTEST AGAINST MILITARY TRAINING TOK30 The proposed institution of military training in the middle and higher technical sc! oois ha-s aroused violent oprcid'n ajneng Students, mar.v intel. t-iai sr eietn In the bulk of tl pres. Student bodies have d'Ttifa-tlons to the war department to register their objection to tha plan, nd a number of educators have made publlo addresses or contrib uted articles to trie against it.

The supporters of the plan maintain that it has no essential military objective, but is Intended as substitute for end to invigorate the yonthful mind as well as body. "We have studied how the American authorities are, through military discipline, trying to keep the spirit of the nation vigorous, Steady and energetic," sJd Gen. Baron Tanaks, former minister of war, "and we have found their system clever that we Intend to copy it. To impute any Intention to us Of making preparations for war is ahgura 20,000 DEEP SEA MINES CODING UP AMSTERDAM. Twenty thousand dep sea mines are slowly rising to the surface In the BaJtie and adjacent waters and are becoming a formidable menace to shipping, according to A.

Floes, Netherlands consul general Hamburg. In a report published here recent ly Mr. Flaea says that during the war 60,009 mines were laid between Berren, Norway, and the Baltic archipelago. Forty thousand of them have been recovered in some way cr other, mostly, it is assumed, through the chains by which they were secured being gradually eaten away by tha axtkm of tha sea water. -A.

5 At 4. me going, but I knew I would ret sick it 1 drank, instead of fee. in-; rich ns they said. Once I did fall, but I got up $. quickly none the girls knew It." Ar.d the man laughed at having "put that over Miller was born In Caseonnade county.

in IS 11. Ills father had camped at St. Louis wh-n it was little more than a hazel thieket, as Miller describes it. Trekking across country in a waron drawn by nx-n, Iri with his family in Texas in November. 1 and I Austin the last day of that year when the foundations, fT the capi-tol building were being laid.

He toils bow he wen at a b.y why they had to dig a. lane in r-io ground to erect a huiahncr Too family moved to hor l'ni'. on the rccid xviii a i pnasod. Sam 1 1-ci -t ir over tiiis r. ute jjnd a a frequent visit'-r at his Houston's Inaugural Speech.

"I never will inaugural sp' ili in rla'i the old man, He was spe()Kiig of the necessity for Wj.fir the state rangers. Hnnstar. "Tb rangers follow -lie Indians li. an eagle does like an eagle does a bear. Here laughed bci In the fall of jv' to Beltoii and fr oki pioneer dlcr moved there went into f.Utl the for rir at the He "enk cf the participated in strenip- 's the i of battle be cara-a hv for' v-three With less Hr aer rib's be 1 L.

under In Sherman, famous During r- cai 1, r.r vlsi' fa) it. th "With hit he ca came 1-e-I A'. Ai rg vi-h i' iiaa i'-rn poli-s atbletlcg It federate Vo erari character's aftended basl-a twon the Acer- a pha Mu fn-crni-ies, his approval of thincs e.pe.dallv ttcians Miller thin r.ro a fine thing. prsont stock the probnb'llty the benefits ex- stock market prices slnce the elec- Ws et the time cf the Ervan frop silver scare. This ctilmina'ei with the Pt swish-American war find wis fllnwod by the first consolidation era.

of the Industrials. It tv-as In this period that the United States Steel corporation, A mates mated Copper company. Wno.cn compnnv nrid various other lnilustrl.il- were put together. Jn conjunction with those consolidations tho market rose to great heights culmlnatln; in 1306. In this study it is interesting to note that theS8 eras have occurred about 2n years apart, or one to each generation Therefore, as far as statistics lire concerned, we are, on this 20-year basis, ready for another era of such consolidations, although I do not give this as my reason for feeling that such an era Is now approaching.

Reason of Trend, "The real reason for such Consolidations is that during a period of prosperity a large number of new concerns, in every line ef business, upring up, old concerns expand, and almost every Industry becomes Inflated and spreads out. This results in a total producing capacity in excess of normal demands. During the depression which according to the law of action and reactloa is bound lo follow esch industry gets into a position where it is making no money, and is subject to cutthroat competition. The only way out is to reduce overhead, eliminate unnecessary competition, and produce and sell economics llv. This cs.n be accomplished only through consolidations which, when properly consummated, reduce the cost both of manufacturing and sellinir.

There is no rea son why the present year should be an exceptioa Jo the, rule, iHi va i 1 Kerrvllle Sunset Limited Via Leon Springs, Boerne, Comfort, Center Point. Leave 6:30, 9:30 A. 12 noon; 2, 4, 6 M. Kenedy 6:30, 9, 12, 2:30, 4, 6 P. M.

Corpus Christi 6 :30, 9, 12, 4. Lockhart 6:30, 10:30 A. 5:30. Gonzales, via Seguin 7 A. 10 A.

1 :45, 4 P. M. Pleasanton-Jourdanton 7, 9, 11 A. 2, 4, 6, 10 P. L'valde 7:30, 11 A.

2, 4:30 P. M. Floresvilie 6:30, 9, 11, 12, 2:30, 4. 6, 7 P. M.

New Braunfels only Lv. 8 P. M. Lv. New Braun-fels 7 A.

M. Junction 6:30, 9:30 A. M. Luling 6:30, 10:30 A. 12:30 P.

M. in llll ij Roger Babson Sees Benefits From Recent Stock Consolidations BAP.FON- PARK Florida. TVh en market situation Roger w. Rabson, po'nfd of various industrial consolidations, and outlined next door to postoffice. M.

to 7:30 P. M. Phone Contracting Engineer Building Is the art of organizing and directing men and of controlling the forces and materials of nature for the benefit of the human race. TKe building of ROADS and STREETS with UVALDE ROCK ASPHALT is ENGINEERING pected from them. "Owing to the rapid rise In tlon, and noting recent erratto conditions, many winder if the market has pot seen its highest prices," says the statlstici.in, "The moat experienced observers, however, do not believe the highest prices have yjt been reached and plva for their reasons the improved domestlo situation, the pientlfn'nesa of money for legitimate purposes, the restoration cf Europe, and the conservative administration in Washing-ton, All these favorable conditions exist yet there is another impending development which may be even a greater factor than any of these mentioned.

I have in mind ths probability of a number of consolidations among the industrials, aa well as the railroads, during 1925. If the market has already discounted these consolidations, then it may be around top prloes; but othrewlse many stocks should go higher before the present bull market culminates. History Repeating, "Ths first industrial dfpreRslon this country ever witnessed was in the JOs and the first consolida. Hons came at the close of that depression. The fact is that these consolidations paved the way for the better times that followed.

The next great depression came in the 60'a and this was followed by iurther consolidations and the first great bull market. These consolidations especially affected ths banks whicb had grown up like mushrooms In the 20 yeans previous. The next deprawion came with the panic of "73. This in turn was followed bv a third tr or consolidations. This tlraa raiiroad" were prominent.

Tho ntirt great depression caiaa tha Austin National Bank Austin, Texas.