Last Edition
WASHINGTON, NORTH CAROLINA, TUESDAY AFTERNOON, FEBRUARY 8
amtmuum
RATHER !
THRNVftTIGAN
anks Snubs Pope
Former Vice-President^ Creates a
Delicate Situation at Rome.
Public Remarks His Answer.
Deplores Narrow Jealousy.
KEPT TO HIS PROMISE
Rome, Fob. 7. ? The visit to Rome
ot Charles W. Fairbanks, former
Vice President of the United States,
brought ? about a very delicate situa
tion owing to the fact that he wished
to pay his respect* to the King, the
Pope and the American ' Methodist
Church. . Incidents of this kind are
not infrequent, and extreme care has
to be exercised by those upon whom
the arrangement or tha audiences
falls. In order to avoid offending the
susceptibilities of either side.
By a tactful arrangement. Mr.
Fairbanks' audience with King Vic
tor Emmanuel was fixed for Satur
dAy. and that with the Pope for Mon
day. and when everything seemed
- satisfactorily planned, the Vatican
suddenly snnounced that It would be
impossible for His Holiness to receive
the former Vice President If he car
rled out his announced Intention to
?pealc Iff ' Ulfl " ' American? Methodist
Church here, because the Methodists
had been active in proselyting among
the Catholics.
Kept to H(s Promise.
Negotiations were Immediately be
gun with a view to avoiding any un
pleasantness. and in these negotia
tions prominent Vatican officials took
part. Mr. Fairbanks finally declared
that although he was animated by a
strong desire to pay his respects to
the head of the Catholic Church, he
could, not withdraw from his promise
to deliver an address before the
American Methodist Church.
Mgli. Kennedy, rector of the Amer
ican College. gavft. a dinner at noon
in honor of Mr. Fairbanks. The hall
was decorated with, American flags.
Among those present were 14^ Amer
ican students, the largest body bt
Americans that has attended the In
stitution.
At the American Methodist Church'
Mr. Fairbanks' address acquired .fixr.
ceptlonal Importance because of the
Incident with the Vatican, and It is
looked" upon as his final answer to
the conditions Imposed upon him rel
ative to his audience with the Pope.
During the course of this address he
Mid:
"It Is Impossible to emphasise too
strongly the good work the Christian
Church Is doifig In all lands and
amongst all nationalities. It is grati
fying that the American Churches
established in all countries are assert
ing a wider Influence today than ev$r
In their history.
"All Christian Churcjaarf"" are wor
thy of support. JPtfey above all
should be Insplred'by a generous tol
erant spirit toward each other. Noth
ing Ib more unseemly than the nar
row jealousies which they occasion
ally manifest toward each other.
There Is -room for all. Ccpse the nar
row denominational wars and direct
your energies toward the common
enemy. \j*\ the Catholics aijd the
Protestants of all denominations vie
in carrying forward the work of the
'Master, which- is worthy of the best
in them all."
THE .GAIETY.
A Kiss In the Dark, cotfcedy; Ob
ject Matrimony, comedy;. If Love Bo
True, drama; Breaking a Hank. This
is the program sctaeduIed~Tl6iriorilBhl7
Wednesday night the following fine
performance will be given: Life' of
. i Moses, Vitograpb art by the Rev.
^Madicon Peters; TV Test, In n Hem
pen Bag, Blograph. No show. of the
season Should be, more, liberally pat
ronized. for no class of pictures have
i ever been exhibited In Washington
m^re meritorious. Remember the
1 ' Oalety is hoadquarters always for
first-class performances. The orches
- tra plays nightly. >?
NEAR HEATH'S DOOR. -
A telegram was received here yes
torday afternoon from Birmingham,
Ala., stating that Mrs. J. A. Sander
son, mothet of Mrs. J. C. Meekins, Jr.
L and Mr. ?L M. 8anderson, of this city,
-was dying. No hopes are entertained
for her recovery. Mrs. Sanderson is
suffering from an attack of paralysis.
She is 61 yesrs of age. In conse
quence of thlB announcement Mrs. J.
C. Meekins, Jr., and two children Usft
for Birmingham this morning.
Nailing a lie won't always keep it
4own.
... .. . .? -- _
DIES SUDENLY
Mr. W. P. Baugham _ Passes
Away This Morning. \
the entire city was shocked this
morning when the news was circulat
ed that Mr. William P. Baugham had
passed away suddenly at his home,
corner of Respesa and Second streets.
The news of the untimely end of this
useful cltisen came as a thunderbolt
from a clear sky, for.it was totally
unexpected. Mr. Baugham, accom
panied by. his wife, had Just returned
from Baltimore where be had been
for the past week for treatment. Yes
terday he was out attending to hi!
business and waa thought to be in his
accustomed health.
This morning about 4 o'clock Mr.
Baugham wbb taken suddenly ill and
his physician was hastily summoned.
In a few minutes after the phyilclan
arrived Mr. Baugham breathod his
last. ?
Mr- Baugham was born }n Rich
Square. N. C.. and was 59 years of
age. He came to Washington about
25 years ago and last his lot. From
the very first his venture in the busi
ness world was successful.
Mr. Baugham at the time of his
death was a director of the Bank of
Washington, president of the Caro
lina distributing Company, director
of the Carolina Telephone and Tel
egraph Company, owner of the Cot
tage Qrove and Honey Pod truck
farms, member of the order of Elks
and Masons.
The end came this morning about
8:80. No death of recent years car
ried with it a greater shock, not only
'tg"Wr' family - tmt-vthe- entire- com*- 1
munlty. " r j*
Mr. Baugham wasted of Washing
ton's wealthiest 7 citizens. Ho was aU
| man of untiring energy and push and
It. seemed that every venture of his |
proved to bo successful. He waa a|
loyal and public spirjted citizen and 1
left no stone unturned for the uplift |
of his community and his section. He J
occupied many positions of trust and|
?honor, all of which he filled with J
J fidelity and credit. It is the purpose!
1 of tho Daily Newa to give a more, ex
tended account of tt& deatiN?f this
useful citiaen in a later issue.
No death has carried with' 4t* a
'greater shook to Ms numerous
j friends. The funeral will take place
from the home, corner of Respess
and Second street, sometime tomor
row. The details of the burial can
not be ascertained on account of the
great shock to the family. Thus
| Washington loses one of Its most In
fluential and- wealthiest ciUzaiui
Purposes of Law
and Order League
Since In a democracy like our own,
he citizens are sovereign, bearing
ule and being responsible for the
"ray in which their servants, the offl
:ers of the law, carry. 6ut the man
late8 of the community; and bellev
ng that every citizen should do his
itmost for securing the good order,
;>eace and prosperity of oui* munici
pality, therefore, we. the law-abiding
?Itlzens of Washington, do set forth
ind publish the purponeR of the I<aw
ind Order T>eague to be:
1. To suppott the oflfbers' of the
law in every laudable effort for en- 1
'orclng the laws now on our statute
jooke.
2. To do our utmost to gee that no
sullty person escapes when once
brought to the bar of justice.
3. To beget in the citizenship such
x love of order and renpectfW law
[hat the breeding places of flPRWaajd
lawlessness shall be wiped out,''
4. To set ourselves to the task of
making it hard for the law-breaker
aid unhealthy for the enemy of law
and order in Washington.
?To thift end, we urge every -pood
citizen to unite -with us in this or
ganized way to secure that which
makes foT the welfare of' our home3
and the promotion of civic righteous
ness.- The call is to all who stand
for law and order.
The following members of the com
mittee on purposeH, etc., were pres
ent (and voted to adopt the purposes
contained in this paper: Rev. M. T.
Plyer, Rev. H. B. 8earight, Mr. J. B.
Bparrow, N. C. Newhold.
?TBI CiK.M TONKiHT.
The Gem tonight bids fair to be at
tractive and Interesting. Such pic
tures as Tlie Blacksmith's Revenge,
melodrama; Riding School at 8am
aur, edlcatlonj&l ; The Strong Man;
Cqtgqgy: ni8 Sailor's practical Jtrtrer
comedy; Ruffians Thrashed, comedy.
What a fine array is the above pic
tures. All who see them this even
lpg will be highly pleased. The pro
gratn contains all those requisites for
a first-class performance. In addi
tion to the excellent pictures the or
chestra is to give a flrat*e)M* musi
cal program.
JWU4 11% M. .
DIED YESTERDAY
The Funeral Will Take Place
Tomonow at 3 0' Clock.
Another landmark In the person of
Mrs. Mary Bogart passed into the
beyond ' yesterday afternoon. The
end came at 4 : 30 o'clock, surrotinded
by her children and" grandchildren.
The deceased at the time of her death
wm in her sixty-second year.. For
many weeks those nearest and
est havf, watched around her bedside,
hoping and trusting that her life
would be spared, but He whose ways
are past our understanding willed
I otherwise, so on yesterday she was
called to enter that "Undiscovered
Country." She rested beneath the
shade with a consciousness of duty
well performed and her works do fol
low her. Mrs. Bogart was a daughter
of the late W. Z. Morton, one of
Washington's most Influential and
useful cltisens. For years she en
joyed the friendship of a large num
ber. Through sunshine and rain the
friends of her youth were loyal and
steadfast. She was the widow of the
late Lieutenant Colonel David N.
Bogart, who was killed by falling
from his horse while engaged In mil
itary duty for the State at the upris
ing at James City, a suburban town
near New Bern about 15 years ago.
Mrs. Bogart was a woman of line
Intellect, and possessed the faculty
of gaining friends and holding them.
Those who knew her in youth's
morning were the same in life's af
ternoon. For several months her life
has been despaired of, and all that
loving hands co^Jd do or the skill of
Aha physician cnnM pprfnrm wan ilnnn,
but all to no avail, He who made
*hat day for which all others were
created had willed otherwise. She
met the summons with a brave heart.
She was ready when the Pale Horse
and his rider loitered.
The deceased leaves a family of
seven children to mour their loss be
sides several brothers and sisters. As
they sit around the cold form of her
who In life was their mainstay and
solace they should have the consola
tion in knowing she has only gone
before. May they so live as to be
able to greet her^some Bweet day
?with th*?alutation, "Good Morning."
, The funeral will take place from
the First Presbyterian Church tomor
row afternoon at 3 o'clock, conducted
by the pastor. Rev. H. B. Searlght.
The interment will be in Oakdale
cemetery. Thus another one of
Washington's citizens is committed
to God's chamber. Peace to her
ash?.
RIVER ROAD STATION NOTES.
The comet has been observed here
a ip w evenings when there was not
too much cloud.
The Dixie Lumber Company at
Bunyan lost a fine horse last week.
Last week we had a beautiful snow
storm, but not sufficient for sleighing,
scarcely enough for a fine game of
snowballing.
Mrs. Sallie Alligood is at home
again after visiting a week in Wash
ington.
Thursday evening Mr. and Mrs. A.
T. Darden entertained in honor of
their gufcsts, Mr. Darden's sisters,
Misses Estelle and Hattle Darden. of
Plymouth. /
Mr. and Mrs. J. Walter Alligood
nnd Mr. .T. R." Alligood, of Washing
ton, were guests of Mr. and Mrs. L.
M. Sheppard Sunday.
Mrs. Charlotte Ashy, of Jessatna,
will spend this weet with her daugh
ter, Mrs. A. T. Darden.
Mrs. Ella Sparrow nnd children of
Washington, have* been visiting her
parents at Bunyan.
Mrs. F. Alligood and children and
Miss Lu)a Willis, of Washington, vis
ited Mr?. R. L. Woolard, who is very
ill, one' day lost week.
Mrs. Ellen Woolard baa returned
homo after a long visit at Hall
Swamp.
Xopomis visited. friends at Bunyan
one day last week. NOCOMIS.
A THRILLING DETECTIVE STORY
FREE.
Another of the famous series of
mystery stories in the New York Sun
day World fiction series begins Sun-j
day, Febr 13. The title of ttfte story
is "The House Opposite." It Is, If
such a thing be possible, a more
dramatic story than "The.IIous (SI the'
Whispering Pines" or "The Leaven
worth Case," both of which have
appeared In the book section given!
free ea?h Sunday with The World.
This story. "The House Opposite,"
begins with an Instalment of about
be issued each week Until the story
is completed in five fully illustrated
instalment. The plot o ( "The House
Opposite" Is laid In NEW New York;
that la. In the million-dollar apart
ment bouse district of the upper west
aide. The demand for copies of th<
Sunday World containing thls ston
wllfbe great. To secure a copy, or
der from ?ews??aler today.
IRU HUSUN
FOR BUSINESS
UNBEST, SIYS HE
Cheer Up, Siys Frick
Congress, He Says, Will Not
Legislate Any Form of Property
Out of Existence ? You Can
I Distinguish Soil frtductionship.
CONDITIONS NEVER BETTER
Augusta. Qa., Feb. T. ? H. C. Frick
arrived In Augusta yesterday. He
hu taken a cottage on the hill, where
he will spend a few weeks.
"It is hard to understand -vttay,"
said Mr. Frick today, "with all the
conditions favorable to unprecedent
ed prosperity in this country, there
has suddenly appeared a hesitation in
activity, particularly, upon the part of
the railroads and manufacturing es
tablishments, which are first to feel
the demands for increased facilities
to meet public requirements and the
first to take alarm when the demand
halts.
Timidity Not Justified.
"If this cause is, as It is generally
asserted, a fear of unfriendly legisla
tion at Washingtqn and the drastic
ehforcement of the "antitrust law
against the business organizations of
the country? I cannot believe that is
a. sufllcienL-??a&on. In jiifclily. .t hv iiin- .
idity shown In- many quarters.
"Congress will not legislate any
form of property out of existence,
and court decisions cannot destroy
the productiveness of the soil or of
any legitimate enterprise.
"Even- though it may be necessary
to change the forms and methods of
doing business, there will be Just as
much business as the necessities of
the country require, and the people
who own the property will do the
business.
"Calamlty-HowlinK Gamblers."
"Nothing is quite so' bad as an ex
iit'id imagination sees lt.^ind If the
people wtll cetse to lic^Afin calam
ity-howling gamblers and dema
gogues who make capital out of their
fears, all will be well.
"This is the greatest and most pro
ductive land upon the globe, and
nothing can kill its progress except
the lack of courage of its own people.
I am. as 1 have always been, an optl
mlst about the United States, and the
longer I live the stronger my faith
becomes In its supremacy.
"We, have never stood upon the
threshold of better days than now,
and It will be our own fault if we
allow our activities to be paralyzed
by groundless fears.
"In my opinion the present great
depression in security values does not
reflect the condition of business so
much as the present hesitancy in bus
iness reflects the effect of wild con
jectures upon what will happen at
Washington, and exaggeration of its
possible consequences." \
IMPROVE OUR
LIVE STOCK
There -is Much Need of Co
operation.
There is much need of cooperation
of the farmers of this suction. There
Is more need of our farmers; coming
together once a week, to discuss the
best methods some few have found
of growing large crops.
There is much need of our im
proyJiLC^ our live-stock: ^Phern arc
many ways to do this, and by coming
together once a week in a meeting to
talk ovor these matters, ell will be
benefitted.
The Washington Chamber of Com
merce invites the farmers of Beau
fort and surrounding counties to
meet together every Saturday morn
ing at 10.20 o'clock for the purpose
of promoting bette? agriculture and
stock-raising. T his coming Saturday
the subject will be "Hog Raising In
the South." The secretary of the
Chamber of Commerce will read a
1 booklet showing how an eight-months
old pig can easily be made to weigh
160 pounds, and at a cbat of from
1 1-2 to 3 cents per pound . After
j reading this booklet, we want to dls
' one in the community who has done
1 as well. Let all come.
1 This fall Washington Is going to
hold a. fair. There will be prises of
' fered for the, best pig raised In the
county. You will no doubt learn
something at this meeting, it you
come.
There seems to he enough iacom
P*Ubillty between the rlcbu and
FUNERAL OF ^
JUDGE SHEPHERD
Took Place in Raleigh This Af
ternoon at 3:30 O'clock.
, ??'y?eTr deu,u ?" d?,h or
a"?*? ""?J"*"" ?"""> occurred In
Baltimore hu been received, but ,o
Jar I as could be learned he was Buf.
22ni?rfm bronch"u
7oM? . lt<>d by a The
1*" taien from ">? n-iiH.h
M. ? W*1 "r?Ve 0t ""??.< to
where h' ln 'thU ">?nty.
7e. ? 60 rc"ld6<1 ,or ? number of
J.?,' ^ ?? ?t I" Richmond
Mat night and the funeral took place
Church^Tr "?? A.
Church of the Good Shepherd at <
o'clock. The Time, ear.:
"U(>Z She"l'?'d was 62 year, of
age. He leaves a widow and one aon.
Mr. a Brow? Shepherd, who wa, h,J
Jr Siw Ano,her ??, James K..
! : *fore "aching manhood.
Associate Justice George H. Brown
was a brother-in-law.
Sketch of His IJfe.
Tll^M0Kdw"d Shepherd,
l ?m" E"*m ADn Shepherd,
was born near Suffolk. Virgin,.. Jul)r
Solomon Shepherd.':?, l,rr,"Kth"
*he Virginia convention when^th e
ZZTon ,he Vallei 8"??
adopted, and was one of the great
men of Virginia,
He lost his mother when, lie was I
only two years old. and his father ten
>ears later, after which he made his
lam , " "" ?ld"r br??>". Will!
am. i? ,839 the shepherd, m(Mod
N> Murfreesboro. Hertford count.
KiTO- W?l"a m ope^j up a drug
business. Fortunat^T^-r^
there was a good high school nt this'
PMce. ,?d he cnlered
dies with the determination to gel an
education, but rhese plans were l?.
irrupted by the breaking out of the
<?n WM,[* he '??>?
he n ,1. enlisted and went to
?he field of conflict and when killed
had attained the rank of lieutenant .
> oniMS James was anxious to enter
he army and In 1861 attached him
wWehV V"" VlrB""a "?"???
which was then stationed at Norfolk
hlB >?"lh a"d being too
1?"." carr-v ? musket, he was
and after some months so ? ;ce he
was discharged.
In hope of seeing his t urdlan
young Shepherd went to .Viirphey's
station, near Blackwater. There he j
earned telegraphy and was assigned
West vf",' , " 0*"*n" JonM
; ? , ? Y'rg>nl^ afterward* to the
headquarters "of CTeBerffl TOUir c
"T r,";."18' W,,<,re """mulshed
himself by his devotion to duty
?T,he ?f lh? war found him
wh f *' W'"?n H" brother
whom he had depended for counsel
was dead and all hi, property gone
He secured a position as 'telegraph
operator, at Wilson, which he held
for several years. In ?,e meantime
he was studying under competent In
structors. and using every effort' to
Keturc an education.
He (iecidcd to ,al;e law and
v ll,t money he had saved, he
entered the law school of the l nl-1
versify of Xorth Carolina was admit- 1
ted to the bar in lSCS, and opened I
up his ofn.e In Wlhon
h<" formed partnership j
Uh ...aior Thomas Sparrow and
moved to Washington. X. c.
In I S71 ho mSrrlod Miss Elizabeth
Brown, daughter o t Mr. R. T. Brown
a^d sister of Associate Justice Oforg?
H. Brown.
Mr. .Shepherd begun to take part In
politics, and wan chairman of the
I Democratic Execuive Corontitrec. All
|thc wh.'le he was cnjoylnjr a r-*nii}|v]
growing law practice.
1^ 1ST.-, he represented JJeaifortl
and Pamlico counlkM In t|?." constl
tttlion&l convention, though the
younseei member of. the convention I
Prominent
workers, and was thoaulhor of thai
provision/In the constitution ooncern
Ing county government.
;"?'S7* hc waa elected chaiVman
court ',ort superior I
111 1SSJ he was appointed superior
??ourt judge by Gov. Jarvls lo (111 a
r;?'?"'1 h>' resignation o,
Judge Mills, nn(, w? 0|e<.tol, (0 tha
officc at the next election.
In loss he, was nominated and
elected supreme court Justice by a
Wg majority, when chief Justice
Merrlman died In 1893. Judge Shep.
herd ?as appointed to succeed him
Which position he filled for about two.
years with honor to himself and the
?? "?* unMln.ou.lv
lranil??lelf to srcceetl hlmeelt. but
went down with the rest of the Dem
th? fualonlsts captured
He was engaged to lecture to the
'waTT. *Ch0?' " ??'?rs,,T.
Mch place he held unUl 1??7. when
d"d ?? wa. offered
the position of dean of the law school
but declined. *
tlei* r'8",1" ~,un,w ?> a?M?e prac
tlce. Jonalag a^paru.twhlp with hi.
MISS CRAWLEY
-t.WEDS MR. COX
Beautifnl Wedding at Episcopal
Church This Morning.
St. Peter's Epifeco;>al Church was
the scene of a beautiful wedding this
morning at 6:45 o'clock when ono of
Washington's most popular young
ladies, \\lzu plum Crawley, became
the bride of Mr. Johu Cox, ot New
Bern, N. C. * No more popular bride
ever plighted her troth. . It an omen
of good wishes carries with it happi
ness then this couple begins the Jour
ney of life on seas bright and auspi
cious.
St. Peter's Church, where so many
have given their heart and hand, had
been mest tastily decorated by the
fingers of those near and dear. The
chancel was attractively festooned in
aver greens, ferns, etc.
Long before the hour of the wed
fllng a largo number of rriends had
gathered within the sacred^ edifice to
witness the coremony. Promptly at
the appointed hour the organ under
the deft touch of Miss Mae Ayers an
nounced the entrance of the bridal
party. First entered the polfte and
attentive ushers. Messrs. T. Harvey
Myers and J. s Hodges. They were
followed by the bridesmaid. Miss
Elisabeth Mayo, handsomely gowned
n green satin, wearing black picture
lat and carrying pink carnations.
She was followed to the chancel by
?he maid of honor, Miss Mary Tank
ird. also dressed in pink satin, black
picture hat and pink carnations.
The bride, one of Washington's
uost lovely ?.?.omen, next entered,
caning on the arm of Mr. W. *T.
leasley. who gave her away. She. was
ookcd lovelier in her go!ng-awav
;own of daYk blue broadcloth, with
net at the chancel steps by the groom
lat and gloves to match. She was
md his best man, Mr. E. K. Guile v.
>f Goldsboi o. X C. The solemn and
mpressive ceremony making them
>ne was spoken by the rector. Rev.
Nathaniel Harding. Just before the
:n trance of the bridal party, Mrs. D.
kl. Carter sang most sweetly and
-harmingly "O, Perfect Love." Dur
ng the solemn ceremony the organ
llaycd softly and sweetly Schubert's
Serenade.
_Xo Uitt.BMi ni
ind to the Inspiring strains of I^ohen
srins the party left the church and
lrove to the Norfolk and Southern
lepot and left for a tour of Southern
States. Thefr future home will be
Sew Bern.
The bride Is one of Washington's
nost popular young ladles. She is a
laughter of Annie Craw-ley. She
?omits her friends by the score and
10 woman ever plighted her troth at
he hymeuial altar wl^ji more friends.
3hc has the faculty of making friends
*nd holding them. She is a prize
ivell worth striving for.
The groom is in the employ of the
Norfolk and Southern ns train dis
patcher at New Bern and is a young
man of merit and popularity.
A largp number of presents were ,
received, tsetlng tlielr popularity and j
psteem. . I
The Daily News extendi congratu
lations and l?er.| wishes.
Fori, Ml'RDKR <1)M>IITKI> IN
MVN'H i KLI.Ai:.
j Chicago, Feb. 7--? Another victim)
was added today to the lonj? fist of!
I murders committed in the Italian col- 1
ony here. Joseph I.averdi. 20 years
old. was shot and k!l1<?:1 while In the!
basement of his homo. Affording toj
j .Mrs. Lavcrdl, who i* a bride of nj
I your, the -victim had 110 trouble with)
any one.
, I.averdi had jrciie to get a bm-koi
I' or real in the b::.?ement where, it is
r.aiil, his assailant.'; were hiding. Two;
.Allots were sor.:; hoard by the young
j woman, who ealletl to the neighbors
and hurried to the scene. They found
I ho murdered man with two bullet I
holrs in hi." back.
Fifteen men have been arrested on
imsplrlon.
IIKIIK.K PARTY.
Mik. J. F. l!:ind'>lp]i The (Ttnifuing
Hostess at DelifthtS'ul Function.
Mrs. Jufhus Randolph entertained
last evening at her home In honor of
her sister. Mrs. Thornm A. Haughton,
of Montgomery. Ala., at bridge, with
i course luncheon. - '
It proved to be one of the most
deasant social functions of the sea
son. Mrs. Randolph is always an en
tertainer of popularity. Those pres
were:
don, Mrs. W. D. Grimes, Mrs. Dsn
Packard, Mrs. Collin Harding. Miss
Haugh
Mrs.
PBBF. FISHER '
tXPEGTS fiESULT .
FROM BBYCBn
May Eat Less Meat
Rise of Prices Due to Culminate
Between 1912 and 1915 ? Says
Business Men Will Trim Their
Sails in Time.
PROPHESIES NEW CRISIS
New Haven. Conn., Feb. 6. ? Prof.
Irving Fisher, who told his class in
Yale the past week that the country
was facing an Industrial .crisis and
that the chief cause for the present
rise in prices waB the increase of
gold. Is out today with another state
ment on the meat boycott. He added;
"One of the curious incidents of
the situation is the meat boycott; es
pecially as meat, though the moat ex
pensive and perhaps one of the least
wholesome parts of our diet, has not
risen aB far as other prices. The
temporary going without meat will,
of course, effect no |>ermanent drop
in prices. But it will not be surprle-*
Ing If those who now And it bo hard
to give meat up should conclude ? as
have so many people already ? that
abstinence from it leaves them belter
off. Or at any rate that they are bet
ter off without as much meat .as
Americans ordinarily use. In other
i he rise of prices may be n permanent
reduction, In the quantity of meal ~~a
consumed. ?
.Meat C'otiHiunplhih IHtivukIhr.
'"The statistics of the Department
of Agriculture do. in fact, show that
there has been a falling off in the
fonsumptlon of meat for years. Dr.
Wiley is quoted as saying this will
result In making 'mollycoddles' of ub.
But no such danger seems likely. It
is true a sudden or complete abstin
ence is often hurtful. But a reduc
tion in its use and a substitution of
cheese, nuts, 1>p>? and banns, milk
and
have been found1 greatly to Improve
health, as well as decrease the cost
of living.
"We are now In Just such a period
of rising prices as was experienced
after 1K.17. We have every reason
to expect another crisis such as that
of 1X6G. This will be the culmina
tion of the present rise in prices.
Paradoxically, the more clearly this
is seen today the less likely It Is to
happen ? or. at least, the less violent
It will be when It comes. No fixed
date can be assigned. But judging
from the rapid rate at which the
storm is brewing the crisis may be
expected sooner after 190" than the
crisis of is.fifi after 1H37. The most
probable date Is between 1912 and
l i? I
Ma? Prevent Disaster.
? While it would not be surprising
should the crisis occur in 191.1. It is
doubtless true that there Is so much
more widespread and intelligent un
derstanding today "f economic prob
lem:; that business men will trim
their sails for the expected weather,
and tints mi;i^au> any disaster. The
most potent means of preventing the
disaster will be in proper adjustment
of the rate of interest. If overin
vestment in speculative and question
able enterprises is to be prevented.
tlio interest pate should bo high di'.r- .
lug a period of rising pricey.
"History shows that in general In
terest 5s high in such a period, hut
tardy In reaching the height requited.
Usually it rises sharply at the end of
a period of high prices when the mis- /
chief Is already do:ie. Then it pre
cipitates a crisis. OddJy enough high
interest is then complained of. in
stead, the criticism should be that it
didn't rise early enough to rerve as a
warning and prevent the crisis."
Some people have no memories for
the pleasant things they hear of
others.
^ New Advertisements i
? in Todaj's News ?
? Gem Theater. ?
? Gaiety Theater. ?
? Vlck'a Remedies. ?
? Mother Gray Powders. ?
? Cardui. ?
? Doan's Kidney Pills. * ?
? Laxative Bromo Quinine. ?
? ltubright Liniment. ? "
(? Miona. ?
[? James E. Clark Co. ? Special ?
? Showing o t Fabrics. ?
? J. K. Hoyt? "ChlMren'a Under- ?
? wear. ?
? Chamber of Commerce ? Notice +
? to Parmer*. ?
? H. B. Goldstein ? Tailoring. ?
? J. a. Harria Plumbing * Supply ?