Bureau County Tribune from Princeton, Illinois • 2

1 BUREAU COUNTY TRIBUNE PRINCETON ILL FRIDAY AUGUST 1903 a 1 Om STEEL TRUST FACTS HIDDEII PICTURE PIILLIL UNITED STATES MINS URI OTARTUNG DMCLOSURES RE CENTLY MADE Proof That Sworn Statements Made by Charles Schwab Were False the Steel Trust Makes Its Enormous Profits Increase of 9203 in Population Is Shown by Census Bureau Report EXCEEDS ALL OTHER NATIONS 1t4 i1417'I )-11 '4'-- 40? i 1 1 --7 41 i 4 1 2'4 fill Ye''' 2' '4 40 o6-4i Ili "ii ijit 1 i ''1 'ci' IS1' 1 114'41 4 41 trpb ia- i-ci iit tirii- 07 ii i 1r "'1111t i 11kor 1-11: 7 i-- A l'i 11i1 "At lit'A'' s'-' iL) i 't ii'14 W4 'A' ''41's kikl'Iti 'c' tl1P 1 ii: 741q14: tl 1'' 'ilkt k4) 4- 1 '1-' i tr '41kkS' -1: 't''-rik' 'k ''i lli A b' 5-4 )11i 4' I i I I I'll' 1ill'zie1'N- ii 11)'-'''''ko 4 6v'''-vi ''''''I'A i hi 111'1 4' iii 'V JIcliii6'7 i3 1 1 til 11::4 lit '1- tit 'i 1 1 If 4 II I 1 7Ii4 11t14 1 n'T1 11 1(11 41 1 1-eN1 1 11 I 1 ifTilti1 ii 1 Nt''! 'Itj i 1 'I 71'''i (kV iN i It ulil 11 4 'it i sk Western Portion of Continent Is Eteing Settled Faster Than The East ern Section Though All Parts Show an Even Steady Advance be connected with a probable de cline It the current of westward miLration The rates of increase In the North and the South during the last twenty 'oars were practically the same hut in the character of this growth the two regiond differ widely there being relatively uniform growth over the Smith equalized by a balance In the North between a lower rate Of rural growth and a higher rate of urban growth Decline In Corn Region Extensive hut liparsvly settled areas hi the western parts of Kangas NoLraska and South Dakota show a decline of population in the last ton years a fact whieh it Is said may be connected with the inerease of population in many agricultaral coon-ties of Iowa Illinois and adjoining states MO to 1900 after losing population during the preceding ten years iletweeu 1890 and 1900 the per cent of increase in the population of all titlea having at least 25o0 inhabitanta Alitt only about two-thirds of what It was8 between ISSO and D490 Thl increase In the aggregate population living outside of such cities was approx imately the same for the two deeades The most noteworthy of the entire discussion It is stated is the cumulative evidence of the rapid approach to equality in the rates of Increase of varlotia parts of the United States Thia appears whether North be compared with South East with West or city with country only one-third or they may reach two thirds of the on how tho books aro kept and how much et the vont the trust officials think it advisable to conceal If ball of these gross receipts consisted of merely shifted from one of its pockets to another or ruther credit transferred from one set of books to tut net pronto were 3133- another tk2cn 8otoloiencSI otr irttomt in lfie stool the cost of producing the steel sold was $147000000 Thus Its not prollts were 90 per cent of the costs of Its goods instead of only 31 per cent as would appear front the figures printed in the report The Steel trust can make profits of 90 per cent because of tariff ditties averaging over $10 a ton on Imported steel Take off these duties and its profits would be less than half what they are But the leading Republicans from President Roosevelt down have decided to "stand pat" and to let well enough alone" as Mark Hanna states it Tho Steel trust can not but be satisfied with this de cision even if there are a few kickers amongst the people who in the end must put up the price which It costs to stand pat and to let the Steel trust alone in the enjoyment of its tarifffilched profits One has only to compare Schwab's statements in this letter with his statement before the Industrial Corn mission two years later to see how elastic is the conscience of the bead of a protected trust while little confidence is to he placed in their sworn statements While he then admitted thnt "Export prices are made at a very much lower rate than those here" yet he said "There is no one who has been a manufacturer for any length of time who will not tell you that the reason he sold even at a loss was to run his works full and steady That has been the chief thing regarding all Some startling facts In regard to the cost of producing steel in this and foreign countries are disclosed in a book recently published Its title is "History of the Carnegie Steel Company" It Is written by James lbaward Bridge formerly private secretary to Andrew Carnegie It contains a letter from Mr Schwab to Mr Henry Frick dated May 15 1899 the genuineness of which hi not disputed although its statements flatly contradict the published statements Dt leading steel men during the last few years notably those of Mr Schwab president of the steel trust made under oath before the Industrial Commission May 11 1901 and in a suit in Newark July 15 1902 When this letter was written Mr Frick was planning a new corporation which he later vainly tried to float to Include the Carnegie Steel and the Frick Coke properties Mr Schwab In this letter was giving facts as to the costs of producing steel here and abroad and expressing his opinion as to the future outlook of the steel business He said that he knew positively that England "cannot produce pig iron at the actual cost for less than $1150 per ton even allowing no profit on raw materials and cannot put pig Iron Into a rail with their most efficient works for less than $750 a ton" This would make the cost of steel rails in England $19 a ton "You know" Mr Schwab wrote to 0P startles the deer? What Washington dispatch: The United Status bat the world in growth of population according to a discussion If the increase as shosn by the ligtires of the last census This discuaskin IH a bulletin by the censuH buriau A general summary of the principal results of the study set forth in the bulletin shows the follow Jug facts: The increase in the population of continental United States that is the United States exclusive of Alaska and the recent Instilsr accessions was 13 04G861 or 20:7 per cent Only one country Argentina has shown by the most recent ilgurea a more rapid rate of growth The present rate of growth In continental United States is estinutted as double the average rate of Europe It is nearly double that of Canada and exceeds by onesixth that of Mexico and by one-tenth that of Australia How Growth Is Distributed The rates of Increase on the two sides of the northern Atlantic differ much less than they did a generation ago Among the five main divisions INCREASE IN DUES IS OPPOSED MONUMENT TO HALE JOHNSON see to it that the saloon shall die Then will the greater living monument of a sober free and happy people mark forever the land that gave to the world such heroes as Hale Johnson Neal Dow Frances Willard Clinton Fisk and the host of others who have gone home to God crowned with the glories of this tight" Prof A A Hopkins read a poem entitled "Hale Johnson" a eulogy of his life and work and former Congressman George Fithian accepted the monument on behalf of the citizens of Newton Older Members of United Workmen Will Fight New Law Buffalo special: A vigorous fight will be waged against the proposed increase in assessments upon the older members of tho Ancient Order of United Workmen A committee representing the protesting members will report at a mass meeting Impressive Ceremonies at the Dedication of Granite Shalt to Prohibitionist RELIGION SHAPES HIS POLITICS FATHER OF TWENTY-SEVEN TOTS 4 te- Touching Words of Tribute to the Dead Leader Are Uttered by His Former Allies in the Battle Against the Liquor Traffic Latest Child of New Jersey Negro Is Named Alice Roosevelt Trenton special: The twenty-seventh child of William Fentfore of this city has been named Alice Roosevelt Her father admires the streauous president who has so much to say against race suicide Pettifore is 51 years old Among his children are four pairs of twins The eldest is 29 years old Pettifcre is a negro born in slavery the property of Col Edward Hennison cf Jones county North Carolina He has been married twice He declares he would not feel at home if there was not a baby in the house 11 '--Et----1)40431A114 yap OF ME 211NIS '-'7 )1 -'-Wr 7'i N' 1 tV z-- --7 c'------ -----rervilvo-'A Eli 24 y' 0 UV i rst 1 var -e-'-' 44 ---t 't'1' '4'1' ''11: s-eirs-ryot40Ave 1- 0 4k aRm OF ME 2CiANS (t 14i ''-------'''-'7" 41 4 7 (1 -46k: )ii- TEL ('(7---'-: 4 i Th '--P2' P14 tk21114 1 -tAMMIKvy I Nr-- -F1' '( 7 7 -e4- v) X'-'1 ri -4 AC 'r1 itk Ito 71741 a '''1i5' LSI 7' 4 I ''''-'1''''''''' v'''a' -i4' 1 ses t----- -e-t----- '7 7 '-''--r 4 te----k An Apre -a 2 ff Ts -e-i4 1------ ft I --Z211 -fft 1 If--1' "17-77- 4 z-- 101'----r------(3 --------i 4 'Z 14 'I 7's'7''''t IA )) ti -r-- If-4a 7 ---TT-- (0949 Irl At -z- N7 -141 "I LIJ11k12 -1' (0z 5A 3i A 4:: ---7- --7--------- ter 414 0-22k-4' Ito I4V1 I -1' ssc rk icii 21411 I '119 fel' --41-1 -N 04 -17i: 4 ir444 0 4 040e4' 1111)'' ---'51-''' 4- 4Aws! i714-4i c4 4 111 (WV' 1p 4111 0 l' t' 1 71 WA A 'Y eto 4 I 4 411 AN 4 's 71441 riP473rt22- IIZ11' '14i -I) )' di! vN g1c rL t44 A it1) 1Z '4 V4 of 4 3 1' 4( ri MAN SILENT FOR SEVEN YEARS Newton III dispatch: A monument ot Barre granite to the memory of Hale Johnson the prohibition leader who was assassinated on election day last year was unveiled by prohibitionists of the United States Friday During the ceremonies addresses were delivered by John Woolley of Chicago National Chairman Oliver Stewart Robert Patton of Springfield and former Congressman George Fithian After the ceremonies the state executive committee met The monument was presented to the city by John Woolley who spoke In part as follows: "My errand is simple I bring a message to you to-day from the national Prohibition party of which Hale John son was the leader in this state We come to place a beautiful and imperishable token on his grave And because his resting place is in your custody my comrades and his comrades have appointed me to convey to you with words as fitting as I can command what they have said in eloquent but silent stone Politics and Religion Blend "Hale Johnson put his religion into his politics and gave it right of line He was not more religious than you are He was not more patriotic than you are He was not braver than you are He went to war it is true and that is to his credit certainly "For my last word I am going to venture this to Mrs Johnson and the years from now Newton will make holidays to come and decorate this grave not because Hale Johnson was a soldier but because as a peaceful quiet citizen he stood when it cost something to stand for the greater politics which will then be dominant in the great Then When Fletcher Spoke to His Wife It Was to Quarrel Cleveland: Ohio special: For seven years "Ark" Fletcher and his wife Martha lived in the same house and yet the man never in all those years spoke to her This is the declaration set up in the wife's petition for divorce And then when the seven years' silence was at last broken she says it was in a quarrel She wants the courts to dissolve the marital tics They were married in Sandusky in 1869 Seven children have been born to them five of whom are now living The eldest is 30 years old and youngest 19 jr--JVg 'ALs s'--t'az -L I 'Nt' ig 's- -'s! ----1 (leapiet 14 i ------'A's s)-- 7- -2- NT4 -'7'-- A N- r- cqc460 mgavs' Wall did I eat that green fruit? Bring the elastic currency cordial quick!" News Tribune We might induce Colombia to join in our naval maneuvers RICH WOMAN TAKES HER LIFE to be held here on Sept 1 The committee has also addressed a communication to the National Fraternal congress which meets in annual session in Milwaukee Aug 25 urging that body to use its influence with the supreme officers of the Workmen to have their recent enactment Wife of New York Lace Merchant Drinks Carbolic Acid New York dispatch: Mrs Marie Kleeberg wife of Philip Kleeberg a wealthy lace merchant committed suicide at her home on Riverside drive by swallowing carbolic acid She had entertained a party of relatives and friends at dinner early in the evening after which she and her husband went for a drive Within a few minutes after her return she was found dying from the effects of the poison Her family was unable to ofter any explanation of the suicide DONATE MONEY FOR MEMORIAL Mr Frick "we can make rails for less than $12 a ton leaving a nice margin on foreign business" He said that these rails could be made and shipped abroad so as to "net us $16 at works for foreign business" a profit of $4 a ton in competition with the English product in England And he added: "What is true of rails is equally true of other steel products" Furthermore "foreign costs are going to Increase from year to year because they have not the raw material while ours is going to decrease" Of course Mr Schwab the president of the Carnegie Steel Company knew what he was talking about His statements were probably as accurate as he could make them for he knew that Mr Frick was familiar with the steel business and knew the facts almost as well as did Mr Schwab Steel rails which then cost less than $12 a ton to proluce were selling here at above $28 a ton leaving a margin of over $16 a ton as profit or 125 per cent on cost price It was not strange then that the Carnegie Steel Company made net profits of $21000000 in 1899 and $34 000000 in 1900 and that the profits of the great steel trust in 1902 were over $133000- 000 SOFT COAL IS ADVANCED AGAIN Public Men Subscribe for Sons of Veterans University Dubuque Iowa dispatch: Former Governor Drake and General Granville Dodge of New York have subscribed $1000) each for the proposed Memorial university of the Sons of Veterans of the United States to be erected at Mason City Iowa Senator Allison former Speaker Henderson and Major Day the million aire lumberman will also make liberal donations The university which will be a memoriaLto the veterans of the civil war will include several tine buildings of continental United States the highest rate of Increase is found in the western division and the lowest in the north central Among the eleven minor divisions the highest rate of growth Is found In the Rocky mountain group of states closely followed by the western south central the lowest in the northern South Atlantic closely followed by the western north central In the decade 1890 to 1900 for the first time in the national history the Southern states increased faster than the Northern East of the Mississip7 pi river however the Northern states have grown somewhat more rapidly than the Southern but West of that river the Southern states have increased almost two and one-half times as rapidly as the Northern and it is this fact which makes the growth of the South as a whole exceed that of the North Increase Is Steady In the North Atlantic division the tate of increase has risen steadily since the civil war a notable contrast to the trend in the country as a hole The regian west of the Ailssissippi river is still increasing faster than east of it but the difference between the rates of growth in the two regions ISM to 1900 was little more than one-fifth of what it was 1SSO to 1890 The region east of the Mississippi Increased more rapidly from 1890 to 1900 than from 1880 to 1890 while that est of the Mississippi increased in the later decade not much more than half as fast as It did in the earlier The conclusion is drawn that the increased growth of the East and the decreased growth of the West may Ancther Raise of 15 Cents Is Made by Indiana Operators Terre Haute Ind special: The In diana coal operators have given notice of another 15 cents advance in the prico of coal at the mines Sept There was a like advance Aug 1 and it is understood the first of each month until January there will he an advance of not les than 15 cents The demand for coal already exceeds the facilities of the railroads both in supply of cars and motive power to haul the output these companies in their export business" When asked for specific export prices for steel rails he said: "I have not them at hand I would have to make a guess I do not know definitely The export price was about $23 a ton" It is evident that these statements were misleading and false Mr Schwab then knew and knew well that the average export price of rails was about $20 a ton and that $23 had been received for few if any rails exported for several years Practically all was sold for less than $21 and some as low as $16 He knew that the Carnegie Company just before it became a part of the steel trust sold rails to foreigners at less than $21 a ton He as president made the contracts He must have had these facts clearly before him when he testified His memory for details excellent on most points was conveniently defective on this point He also knew just as well as when he wrote Mr Frick two years earlier that the steel goods sold to foreigners were not sold at a loss but rather at a great profit Not only were his sworn statements on these matters perfectly reckless and devoid of truth but they were equally so in other matters Thus he said that "The largest export haA been done chiefly in those lines in which labor has not played an important part like rails billets and things of that sort" The statistics of ports for the three years 1899 1900 and 1901 show that the value of rails billets ingots and blooms exported constituted less than 10 per cent of the total exports of manufactured steel and that the other 90 per cent consisted of more highly finished products Since 1901 highly finished products furnish over 95 per cent of our exports It may be remarked in conclusion that Mr Schwab was not deposed from his $100000-a-year job because of carelessness with his oath Had he told the truth to the Industrial Commission his job would have left him much sooner The official head of the projected trust understands that be sells his conscience along with his other faculties and that if necessary to preserve the interests of the stock- 4d holders he must prevaricate on a large scale EYRON HOLT HUSBAND IN A POOL OF BLOOD Lawyer and Patriot Robert Patton of Springfield spoke of ''Hale Johnson as a Lawyer and Patriot" in which he said that Johnson was to the manor born a patriot "He practiced law twenty-seven years busily and successfully during the last eighteen years of which he was the devoted and ceaseless champion of the cause of prohibition For sixteen years he was a member of the Prohibition party state committee and for many years its chairman In 1896 he was our candidate for vice president During that stormy campaign when the clouds of despair hung heaviest over us he bravely upheld the banner in almost every state in the Union "The true greatness of the life of Hale Johnson is best known in relief by the side of the other members of bis profession But few able and busy lawyers have been prohibitionists Pledges Are Renewed "Standing here by his tomb unveiling this humble monument let us join hands with renewed zeal and pledge each other God being our helper to Appreciate Chamberlain London cablegram: A Capetown correspondent says the Congress of Progressive Associations has unanimously passed a resolution recording Its deep sense of the valuable services of Mr Chamberlain Wife Finds Spouse with Head Nearly Severed from Lody Dexter Mich dispatch: Investigation is being made into the violent death of William Benz Jr a young farmer who lived two miles from here In Lima township When Mrs Benz uturned home from a day's visit at her father's she found a pool of blood on the kitchen floor and a trail of it to the woodshed where her husband's body lay with the head nearly severed from it New Branch for the Central Sullivan Ind dispatch: Trustee John Hayes has sold the Illinois and Indiana Southern railroad to the Illinois Central for $16871424 The road operates from Effingham Ui to Switz City Ind It will be known as the Effingham division of the Illinois Central There is good reason to suppose that Mr Schwab made no mistake when he said our cost of producing steel goods would decrease The Steel trust owns its own iron and coal mines and its own transportation lines between them Its facilities for assembling materials and producing steel are greater than ever before Undoubtedly these improvements far more than offset the slight increase in wages in some departments so that the present cost of making steel rails at least by the trust is probably less than 10 a ton As the trust has held the price of rails in this country at $28 per ton ever since its formation it is evident that it is making about 200 per cent profit on them According to Mr Schwab's letter similar profits are being made on other steel products It is to conceal these exhorbitant profits that the Steel trust in its 1902 report (see Moody's Manual) includes in its gross sales and earnings of 560510479 sales between the constituent companies of the trust These sales to itself may amount to Dress and Acid New York dispatch: Ethel Walsh a 16-year-old girl tried to kill herself by drinking carbolic acid because her mother burned her pink chiffon dress and refused to let her keep an appointment with a young math Powder Mill Explodes Toronto Ont dispatch: The packing house of the Ontario Powder Company Tweed Ont was blown no and three men killed The explosion broke many plate glass windows in the town and injured buildings Escape Turks by Bribes Constantinople cablegram: A commission sent to Kirkkilisse to inquire Into the general emigration to Gutgaria found that over MOO inhabitants had gone escaping arrest at the frontier by heavy bribes Abritrate Over Islands London cablegram: The quest'on of the ownership of the group of Islands off Bcrneo claimed by the Vuited States and Great Britain will be sub-Bilged to arbitration Open Switch Causes Wreck Williamsport Pa dispatch: The Seashore express on the Pennsylvania ran into an open switch near Milton and collided with freight care No passengers were injured Bananas to Cost More New York dispatch: As a result of the disastrous hurricane which swept the West Indian islands bananas in this city have been advanced from 75 cents to $3 a bunch at one Dmp Delays Bishop's Consecration Chicago Ill dispatch: On account of inability to secure the necessary papers from the East the consecration of the Rev Edward Fawcett to be Bishop of Quincy has been postponed A.