ENTEBPRISE. 'THE RALEIGH ENTERPRISE. An Independent Newspaper Published Every Thursday by J. L. RAMSEY, Editor and Prop., Raleigh, N. O. Office of publication, Law Build Ing, 331 Fayettevllle Street. Subscription Prices One Year, In advance, $1.00. Single copy, 5 cents. A blue X mark on your paper shows that your subscription has ex pired, and is an Invitation to renew. Remit by registered letter, money order or check. If renewal is not received within a week, paper will stop. If it happens you will see it In the Enterprise. - Entered as wnd'Class matter May 12, 1904, at the poatofflce at Bale gh, N . 0., under the Aotof Congress of March 8, 1879. TRADE8l;?rjC0UNcjL The panic is over! Now let's get ready for Christmas. Those who do not own an automo bile can now sport an airship, even if it doesn't fly. The panic was over before some people thought to look in the diction ary and find the meaning of the word. -' -;:'.:?':'''.;;':y vv',:',':: The Weather Bureau hit it about the beautiful snow Wednesday. But it had not happened very often lately. y George Washington was father of his country. But he never could write long messages like his great-grand-son, Mr. Roosevelt. So far as we can judge, William Jennings Bryan will make as good a run as any of them and defeat will not be painful to him. We trust that the State Treasury will manage to stand up under the "legal" run that has been made upon it during the past few years. If Mr. Roosevelt can find a real big bear and kill It business will soon revive. The welfare of this country is based on confidence and bear hunts. , .. ',. About 3,000 actors are said to be out of employment in New York. If they are willing to work the North Carolina cotton mills will negotiate with them. Sister Carrie Nation says she will not kiss a man who chews tobacco. And we will not kiss a woman who goes around making speeches like a blamed politician. According to the Supreme Court of the State of Mississippi to tell a man to "Go to h ll'Ms not profan ity. But such ' expressions are very ugly, do no good, but do much harm. . The Union Republican has learned somehow that the flesh of the musk rat is just as ' good as that of 'pos sums. Possibly. But we have never yet been hungry enough to eat 'pos sum. i , THE KALEIQH FOR AN IMPERIAL NAVY. The annual report of the Secretary of the Navy Is a reminder of the high cost of imperialism. If the United States is to be an empire, with wide ly disconnected possessions, it must be prepared to protect them, and the only expect! ve agency for the pro tection of distant islands is a strong navy. After the close of the war be tween France and Prussia there was a race among the powers of Continental Europe to increase the strength of their armies until the military establishments became a staggering burden upon the tax-payers. England, by reason of her in sular position, was exempt from this necessity. But England has her shores to protect and islands and continental possessions in every quarter of the globe to be guarded. It has been her traditional policy to maintain a navy sufficient to over power the combined navies of any two European nations. This she has been enabled to do because of her exemption from the cost of such great armies as those of Germany, France, Russia. At the present time the effective warship tonnage of Eng land is nearly as great as that of all the other great Powers of Europe combined; that is to say, of France, Germany, Russia, Italy and Austria. The question of the future is wheth er the United States will finally as pire to rival England as a naval pow er. At the present time the effective warship tonnage of the American navy is 611,616 tons, being nearly double that of Japan, largely in ex cess of that of Germany and only inferior among the navies of the world to that of England, says the Baltimore Sun. But the tonnage of the British Navy amounts to the enormous fig ure of 1,633,11 6 tons. To rival that vast fleet would take many years of construction and an almost incalcula ble treasure. And in the meantime England is building new ships at a much faster rate than we are. It also has the advantage of being able to build a battleship and put it in com mission in less than half the time that it requires an American ship yard to build one, and for less money. During the last fiscal year no less than nine new battle ships of the first class 15,000 and 16,000 tons have been added to the United States Navy, besides four armored cruisers, increasing enormously our naval strength. Two more battle ships and two more armored cruis ers will soon go into commission, and six other battleships, two armored cruisers and eight small craft are under construction. Of the battle ships now building two, the Dela ware and North Dakota, are to be of 20,000 tons displacement, with a speed of 21 knots. They will be as powerful as the vessels of the Dread nought type in the British Navy, and, in respect to the arrangement of the turrets and guns, superior to them. The recommendation of Secretary Metcalf is for an expenditure of $69, 270,000 for construction to be au thorized at this session of Congress. This recommendation includes four great battleships of the Delaware type, to cost $9,500,000 each; four scout cruisers, to cost $2,500,000 each, and about twenty other vessels. In the eager competition Of the na tions in battleship building the United States cannot long maintain the second place, the Secretary de clares, unless liberal V expenditures for, more ships are authorized now so as to keep pace with the rapid con struction by Germany and France. France is now building ten battle ships of 14,865 and 18,350 tons dis placement, four armored cruisers of 12,550 and 13,644 tons and a fleet of destroyers and submarines. Ger many builds each year two battle ships, those now building being of 19,000 tons; one armored cruiser, two protected cruisers, twelve de stroyers and a number of a sub marines. Her estimates for 1907 were about $25,000,000 for con struction. If the United States is to engage in warship construction at the rate of nearly $70,000,000 a year, as suggested by Mr. Metcalf, our navy will soon far outstrip that of any other country, except England, and will be large enough to have a fleet in the Pacific without leaving the Atlantic seaboard defenseless. Old-fashioned people may look back with regret to the good old days when the United States was mere ly a republic, and not an empire; but if the majority of Americans favor imperialism, they must be prepared to accept all the consequences, which imperialism involves. One of those consequences is a navy large enough not only to protect this country from attack, but to defend its distant pos sessions. We cannot have one with out the other. It costs more money to be a world power than to be a simple republic and if the new gen eration of Americans prefer the pomp and circumstance of imperial ism to the old order of things, they must not grumble at the bills. POLITICAL ROGUES. Mr. Thomas E. Watson, of Geor gia, recently had the following in his weekly paper: "Roosevelt makes motions like a Populist, and Bryan accuses hom or borrowing his ideas, but Bryan and Roosevelt, as well as Senator La Fol lette, Governors Folk, Comer, Glenn and Hoke Smith, have appropriated those principles for which you and I contended in days that tried men's souls." This stirs up the Statesville Land mark and it comments thusly: "Neat, isn it, and isn't It the truth? Verily, it Is a nice, mess and a mix-up that is to cause one to laugh. The whole push has been stealing from the Populists let any body deny it who can." . Just what we have been telling you all the time. The "old parties" ridi culed and did even worse to put the Populists out of business a few years ago. But each of the old parties have ridden on the wreck ever since have stolen every clap of thunder the Populists ever had and have added to it. Deny it, if you can. United States Bonds to the amount of $35,000,000 have been sold and Secretary Cortelyou has notified the public that no more will be offered. Treasury notes to that amount will at once be added to . the circulation. It is but 50 cents per capita. But that means a great deal. ' ' IThursday, December 5, 1907. THE EDGE HAS GONE OFP. The popularity of the crusades against the railroads in seyeral of the States of the South , has quite worn out and there is a manifest revulsion of sentiment in their favor. Yet re vulslon is scarcely the proper word, for it would imply- that there had been some considerable public senti ment behind this agitation, which is not the case, nor is it exactly accu rate to say that the agitation has lost its popularity, for that would Imnlv nermaTifitiftV of favor whlr.h it never enjoyed. In North Carolina the people were not concerned about railroad rates except the dlscrlmina tlve freight charges, which have al ways been a grievance to our people, until the legislation was enacted, and eventhen it attracted little attention until the railroads went into the United States Circuit Court, when a temporary sentiment was worked, up against them on this account rather than on account of the passenger rate. But the palpable persecution, especially in Alabama, has brought a modification of this' sentiment every where and the prosecutions have lost the edge of public favor, says the Charlotte Observer. Deep down in the hearts of 4he people is implanted the sense or lair play and they are rapidly arriving .at the conclusion; that the railroads are not getting this and that personal and political reasons rather than any zeal for the public welfare have prompted the baiting. The promoters of it have over-reached themselves " and have made the people tired. If anyone does not believe this he has only to talk to business men, to intelligent farmers to intelligent men of any class. Under the best conditions the railroads have been discharging their functions none too well and the peo ple have no desire to see them fur ther hampered and their capacity for usefulness to the public further I I v nnlA fPli ftTt MAAAirAffAil fwAwi the shock attendant upon the taking of the cases to 'the Federal Court, having realized that they are there by right, and have no stomach for a contest with the Federal Government on account of the litigation. The The longer it is protracted the more unpopular it will become and the more certain are some of the politi cal hopes founded upon it to be dis appointed. The situation in North Carolina now is as it is in Georgia, as defined by the Augusta Chronicle: "For some time it has been apparent that the people were beginning to feel the effects of their overdose of 'reform.' Slowly but surely a change In public sentiment has been setting in, and to-day a hundred will speak out boldly and emphatically against the politicians who brought on the recent epidemic of agitation against corporations, where not a dozen , of them would chirp a year ago." Ex-Senator Henry G. Davis, oi West Virginia, agefl 84, and worth $30,000,009, will give each of his children $200,000 and marry the balance to a young girl in Washing ton. He had better try to spend his few remaining days in peace.