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16 (1430)
Survey o
MOKE SOUTHERN PROJECTS.
Among the many important Southern
industrial and developmental enterprises
announced in this week's issue
of the Manufacturers' Record are the
following: Panama Ooal and Iron
Company. Birmingham. Ala., will incorporate
with a capital stock of $1,000,000
and later Increase to $1,500,000 to develop
35 000 acres o? iron ore land in a
Walker County, Ala., estimated to con- <
tain 90,000,000 tons.?Manufacturers* x
Power Company, Hendersonville, N. C., c
incorporated with a capital stock or 51,- r
000,000 and Is reported as planning to 4
construct dam, powerhouse, transmis- C
slon system, etc., on Green River, be- *
tween Hendersonville and Saluda.? *
Capitalists of Duluth, Minn., are report- t
ed to have purchased several thousand t
acres of wet lands In St Mary's Parish, ^
La., for $1,000,000, and Northern invest- *
ors three tracts In Louisiana wet land-i <
for $3,000,000, to drain for agricultural 1
development.?North Carolina-Partridge <
Smelting Company, Knoxville, Tenn., '
incorporated with a capital stock of
$300,000, and Patridge Metallurgical and
Manufacturing Company, of some city,
incorporated with capital stock of $t - 1
AAA AAA rr a. 1 "
uuu.uuv.?rve-uucKy uuimes company <
plans extexsive improvements to its 1
electric light, power, rail way, water .and t
gas systems at Mt. Sterling, Winchester,
Shelbyvilie, Versailles, Somerset and
Klizabethtown, Ky., and is planning
to build a $1,000,000 electric plant at
Somerset.?Self-Fluxing Ore and Mining
Company, Birmingham. Ala., organized
with capital s'ock of $l,.j00,000 to
develop Shades Valley iron ore property
near Oxmoor, Ala.: investment estimated
at $7.i,000 to $100,000 for open- >
ings and plants.?National Consolidated i
Pnnl fiimnnnv no1!nn-tr?n v.* ' *-?
corporaled with authorised cupila! stock t
of $2.000,000.?Watauga Power torn- <
pany, Elizabethtown, Tenn.. Is planning <
large improvements and extensions for r
additional service in connection with a ^
recent bond issue for $300,000. c
c
VIRGINIA COAL.
Tb*. -"it coal mining section of Virginia
along the Clinch Valley and In
Lee County and along the Carolina,
CHnohtield and Ohio Railway was never *
so husy and prosperous in its history.
The four big railroads hauling coal and C
coke from this field are taxed to their c
utmost capacity, ir me Old Dominion *
had not been so liberal to her daught- "
ers. West Virginia and Kentucky, when 8
slicing off her mountain territory, she 1
would "have coal to burn." However, (
by a gtreke of good fortune. Virginia c
did not lot all of the good coal land go. c
Only recently the Pardee Company
,_ ..
openen u. new seam in ine n i a c k .Mountain
moasuring eleven feet clean coal. *
Two hundred feet above this marvellous T
seam they opened a five-foot seam of 1
splint coal. They are driving these *
seams straight through the mountain, (
but they have only to go half way be- f
fore they will be on Kentucky territory. ^
Nevertheless, there Is enough and to 1
spare In Virginia, for from Pocahontas c
on through Buchanan and Dlckerson
Counties to Cumberland Gap the old
mother of States will be mining coal
for centuries yet to come. This field p
has decided advantages over the West t
Virginia field In that we have four com- r
petlng railway lines with the shortest t
and most direct hauls to the Atlantic j
Coast and to the Panama Canal ships. t
Virginians have not yet realized the t
enormous wealth of their Southwestern c
coal fields. There has been for some r
time, quite a race between the Southern, t
the TiOuisvllle and Nashville, the Nor- j
folk and Western and the Clinchfield as i
THE PRESBYTER]
f Currei
o which shall control the most undc
eloped coal territory. All four c
hcse lines have been active the pas
hree years extending their lines an
luilding and absorbing branch lines 1
irder to get more coal to haul. Thi
atest deal puts the Southern Rallwa
ight up to the Kentucky State lini
"he Carolina-Cllnchfleld is hammerlu
.way night and day putting a tunm
hrough the Sandy Ridge at Dante, Va
vhloh, when completed, will give it
lcar field Into one of the greatest cor
egions in tne world. In addition t
hese four trunk lines, the Baltimore <
)hio and the Chesapeake & Ohio ar
>oth within a few miles of this flel
o the north, and there is no doubt bv
hat these two lines will soon be hitche
lp with the four already at the doo
iVith all of these lines in operation an
he Panama Canal doing business an
ailing for more and more coal. South
vest Virginia is going to flourish as n
)ther part of the old State has up t
he present writing.
CANAL EXCAVATIONS.
Canal excavation to December 1 wa
135,464,496 cubic yards, leaving to b
ixeavatcd 27,030,042 cubic yards, or
fttle more than one-seventh of the en
ire amount necessary for the complei
id canal. The total excavation for No
'ember was 2.511,026 cubic yards, a
omparcd with 2,590.022 cubic yards i
November, 1011; with 3,006,037 cubi
ards in November, 1910, and 2,453,15
mblc yards in November, 1909. Th
iry excavation amounted to 1.232,02
ublc yards. The dredges and monitor
emovm] 1.288.007 cubic yards, in th
Wlantic division the total excavatio
vas 680,150 cul)ic yards. The total ex
'avntlen In the central division wa
>76 07i cubic yards, which includes 3.00
ubic yards in the Culehra cut sectlo
harged to "p^ant" excavation. Th
mtput for November in the central di
ision showed a decrease from Octobe
>f 1-13 776 cubic yards. In the Pacifi
livlsion the total excavation was 854,
>05 cubic yards.
COAL THUST DECISION.
"Hon 10rlno- hot Hia ?
? vt.uv i.?ic fevuuiai ci/iiiuiiih
ton of Pennsylvania railroads alle.ee
>v the government to form the "Anthra
lte Coal Trust" had not been establish
;d, the supreme court has partlall
Ussolved the trust by holding that th
o-called (15 per cent, contracts are volt
is "abnormal and Illegal restraint
ipon Interstate commerce." The coa
'ompnnies secure some points In th
:aso inasmuch as the government lose
>n tne general conspiracy charges
rhe court's decision is a partial vie
ory for the government. It dissolve
he Terrxple Iron Company. The rail
oad consolidation involved In the al
oped trust Is not declared illega
rustlce Lurton read the decision of th
'onrt. The court refused to order th
lissolution of the Erie and the Centra
lallroad of New Jersey and also othe
illeged combinations of the anthraclt
arriers.
ALASKA'S 1912 YIELD.
Alaska has prospered in many re
ipeots during the last year, accordln
o Governor Walter E. Clark, in his an
lual report, submitted to Secretary c
he Interior Fisher. Governor Clark de
)lores, however, the present lack c
ailroad construction and of cheap no
ive fuel, declaring that proper devel
>pment of the territory's resources de
nands adequate means of transports
ion and the opening up of the fue
esourccs. As to commerce betwee
Alaska and the United States and wit
[AN OF THE SOUTH
it Events
t- foreign countries, it was the largest last
>f year in the history of the Territory,
it totaling almost $200,000,000. Of this
d amount $4S,800,000 was of merchandise
n from the United States, $1,000,000 above
s the previous record in 1910. Alaska
y shipped to the States $13,200,0000 worth
3. of canned salmon and $1,000,000 worth
g or otner fish, $5,000,000 worth of copper
?1 ore, $17,200,000 worth of gold and other
.., products, to a total value of more than
a 8:18,000,000. Except for geld, these all
il are record figures, the gold exports to
o ihe United Statbs two vears ago having
fc exceeded $1S,000,000. Never before was
? there so great an increase in the sald
mon industry, a total of eighty-seven
it canneries being in operation, against
d sixty-four the year before. There were
r. 14,800 persons engaged In the work, 1:1
d per cent, more than in 1911. Altogether
d there were IS,000 persons in the fishing
i- industry, of whom 7,600 were whites,
o the other Indians, Chinese, Japanese,
o Filipinos, Mexicans and others. More
than SO-) whales were killed in the season.
Governor Clark fears no depletion
of the fish, provided the present protec3
tive laws are observed. He recommends
c "strict provisions to prevent aliens from
a fishing in Alaskan waters, the present
!_ statute being notoriously invaded."
k MONSTERS OF CRIME.
3 "Walking delegates and officials who
n do not work, but who use the funds of
c labor unions to enhance their own
O nOWPTV
AVAn if tbov mne4 roenrt f rv
e crime." was the government's descrip?
tion in its argument to the jury at the
55 "dynamite conspiracy" trial of the forty
e men charged with complicity in the Mcn
Namara dynamite plots. Olaf A. Tvcft"
moe, of San Francisco, was charged
q with helping to expend $330.00 "collect?
ed from honest workingmen." in conn
nection with a strike at Los Angeles.
6 which culminated in the wrecking of
the Los Angeles Times building, and all
r of the defendants were declared to have
c used the funds of the Iron Workers In~
ternational Union in violation of the
by-laws of the union to pay dynamiters
to blow up non-union jobs. "These
men committed a crime, not only
- against the laws of the land, but they
d committed a crime against their own
- union," said James W. Noel, special as
sistant district attorney, "and these dey
fendantj arc not working men who work
e with their hands. They are the walkI,
ing delegates with high salaries, who
s have brought the Iron Workers' Union
[1 into disrepute. The government makes
e no charge against labor unions, whose
s purpose is legitimate and lofty, hut it
I. accuses those monsters of crime who
- stand at the head of the union and de5
ceive the working men and use their
- money for unlawful purposes. You
- jurors cannot allow such men to steer
I. this country into a state of social
<5 ninus, upuu wmcn rney were detere
mined."
il
r FEDERAL RESTRICTION WANTED.
6 Charles Nagol, secretary of commerce
and labor, in his annual report submitted
to President Taft says he would
sharply define and restrict the powers
f- and discretion of the proposed federal
S commission to regulate industrial cor
porations. The secretary declares his
>f opposition to the endowment of such
i- a commission, if finally established by
?f Congress, with powers equal to those
i- (xereised by the interstate commerce
uiiruii??ion over railroads. He dlsap>
proves the authority to fix prices. "If
i- the powers of such a trade commission
>1 are well defined," the secretary says,
n "it may serve the general purpose of
h giving large Industrial and commercial
[ January 1, 1"' :
concemp much needed federal authority
and control. It Is possible by
lodging in the commission well defined
discretion an intelligent purpose may
bo served. But the obvious danger Is
that such a commission, once created,
will soon be vested with further powers
The disposition will undoubtedly bo to
give it authority to fix prices and conditions
of operation, similar to that
VV h1r*Vi thf> ? n fnrcto * c\ r?nm*r? arnn nommio
sion now exorcises with respect to
railroads anil their rates.
FEDERAL CONTROL 1VANTED.
A definite and comprehensive water
power policy for streams upon the public
domain and navigable streams n<
on the public domain is urged by tin
secretary of the interior, Walter I>.
Fisher, as the most important subject
pending before Congress and the country,
in his annual report submitted to
President Taft. Other legislation
which Secretary Fisher recommends as
important to the welfare of the countrv
embodies an enlarged application of the
leasing principle as applied to the public
domain In general; a comprehensive
leasing law for coal, oil and other mineral
lands; and laws providing for th?
classification of public lands according
to their respective characteristics and
appropriate uses and administration in
accordance therewith. Secretary Fisher
also declares in favor of legislation
for the development of the transporta
tion facilities and the coal lands of
Alaska, end for the withdrawal from
entry of public lands in the West needed
to conserve the water supply at the
sources of streams. As to a water
power policy, he says thai it must
to made certain that those who
receive special privileges connected
with water power development shall in
fact proceed hv appropriate decree* and
within nppronriate times to develop the
available water power to its highest eapacitv,
baviner due reeard to the possibilities
of marketing the product.
JEWS IX PALESTINE.
Relative to the settlement of Jews in
territory once occupied by their forefathers
and given to them in the fulfillment
of promise to the father of the
race, "The Christian Herald" quotes
figures to the effect that there are now
over 100.000 colonizing Jews in Palestine,
and according to a writer in the
"Osmaniseher 'Moyd" they are rapidly
redeeming the country. Of these 50.000
or 00,000 are in Jerusalem alone, and despite
the "red passport" with which
foreign Jews must provide themselves,
and which limits their stay 1n Palestine
to three months, their establishment of
stores in the city and their purchase or
farms in the surrounding country goe?
on. 'In other words, these foreign Jews
furnish the capital and the executive
ability in mahing the native Jews of
? -
. nivokiuu dvii-^u jji'uiuHK. ami in many
cases wealthy. while insuring to themselves
the hasls of comfortable fortunes.
What this influx of Jewish capital
and brains has meant to Palestine
may he gathered from the flpmres presented
hy the "Osmanlscher I>loyd."
The colonists now own forty villages
and about 40.000 hectares (100.000
acres) of land. 75 per cent, of which
are under cultivation. vi7.. R.fiOO bee
tares (21.000 acres) In Judea. (15 colonies):
6.000 (15.000 acres) In Samaria,
(eight colonies*; 16.200 (40.000 acres'*
In Oalllpe, (16 rolonlcsl; and 200 (500
acres) In the Trans-Jordan conn try,
'one colony). The most Important of
these settlements, which were founded
between 1S7R and 1002. are PetlhachTlltweh
(1.500 colonists). Rlshon 1e
7,lon (1.000 colonists) In .Tndea. ZlkhronJacob
(1,000 colonists) in Samaria, and
Rosh-TMnah (ROO colonists) In Oalllee
0