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PAGE FOUR Summary of TLbents as They Happen Taft Finn for Roosevelt Policies. In a 15,000-word speech before the Buckeye Republican Club at Colum bus, Ohio, Secretary of War Taft outlined the national policies he ad vocates. The secretary’s speech was a re-affirmation of all the policies of President Roosevelt in the matters of the railroads, the trusts, pursuing the criminal rich and prosecution and curbing swollen futures. He advo cated a revision of the tariff, but not until after the next presidential elec tion, and then only as regards “ex cessive schedules.” Free tariff, he said, would Jead to disaster. Throughout his long speech Sec retary Taft many times referred to utterances of William Jennings Bryan, and took pains to show at great length that the Bryan policies had not been taken over by Rooae velt and that there were dif ferences in the forms of government proposed by the two men. A few of the terse sayings of Sec retary Taft are as follows: The rate law does not go far enough. Efficient regulation is the very an tidote and preventative of Socialism and government ownership. They (the railroads) have been, weighed in the balance and found wanting. The remedy for the evils must be radical to be effective. As the original prosecutions go on —and many such prosecutions have been begun—if the violations of the Trust law are continued, undoubted ly some shining marks will be hit. The present business system of the country rests on a protective tariff and any attempt to change it to a free trade basis will certainly lead only to disaster. If the prosecution of dishonesty and illegal practices, like the giving and taking of rebates and the de struction of competition by monopoly, is to injure the market for stocks on the Stock Exchange, then this is a burden that must be borne and must be charged not to the head of the nation, whose duty it is to en force the law, but to the violators of the law, whose pursuit of criminal methods has been so successful as to make their prosecution a * serious threat against the stability of the market. Huge Meteor Drops Into Sea. An immense meteor, apparently about 75 feet in circumference, fell into the sea about a mile off Ama gansett, L. L, life-saving station. The arrival of the heavenly visitor was announced by a strange noise which seemed to come from a point direct ly overhead. When first heard there was nothing visible but an instant later a great stream of fire seemed to belch from the clouds and plunge into the sea in the wake of the me teor. Great waves rolled in upon the beach after the m°teor struck tho water. Part of the bathing pavilion was washed away, along with sev eral fishermen’s huts. Much damage was done to property abutting the WATSON’S WEEKLY JEFFERSONIAN. water front, and hundreds of dead fish floated in upon the shore. Whipping Post a Failure. Disapproving of the Delaware whipping post, declaring that it is a failure and refusing to further lash prisoners, Asmond S. Meserve, war den of the Newcastle County Work house near Wilmington, Del., and one of the leading criminologists of the country, has resigned. The warden said: “I have made a very careful and unbiased study of the effect of the whipping post on men of this class, and have come to the conclusion that it is all bad. It brings out in a man all that is revengeful and hurtful, and he arrays himself against law, order and society.” Morgan Back in Wall Street Office. J. Pierpont Morgan was at his office in Wall Street last Thursday for the first time in several months. He arrived early and stayed late. His presence had an inspiring effect on financial sentiment. All of the Morgan stocks showed advances. Southern Railway, United States Steel and other Morgan specialties rose materially. Reading is still looked upon as Morgan stock, al though his interest in it is reported small at present. The pool took ad vantage of his presence to make a demonstration against the shorts. There was good buying in Erie and Southern Railway preferred, it was said by Morgan brokers. This led to the belief that the stories that div idends on these stocks will be passed are probably untrue. No Dividend On Central Thirds. At a meeting of the board of di rectors of the Central of Georgia Railway company, held at Macon, Ga., a dividend of 5 per cent was de clared upon the first preferred in come bends of the company, a divi dend us three and 729-1,000 per cent upon the seconds and nothing upon the thirds. The ’reason given for no dividends upon the third was that none were earned. The annual report was not given out, President Hanson stating that the report would not be ready until October meeting of the board. While no announcement was made of the fact, it was learned that it was determined to fight the rate reduc tions there out in the courts. Those present at the meeting were J. F. Hanson, W. S. Wilburn, A. R. Lawton, S. R. Jacques, M. C. Bradley, U. B. Harrold, Joseph Hull and Geo. B. McCormick. Negro Editor Surrenders to Keep From Being Lynched. J. D. Uzzell, negro editor, who is held responsible for much of the re cent race trouble on the eastern shore of Virginia, was brought to Norfolk, Va., under strong guard and locked up in the Norfolk jail. Uzzell sur rendered to Col. Nottingham, of the Virginia Militia, at Onancock, and asked to be sent to a safe place there being great danger that he would be lynched. Cortelyou’s New Plan to Ease Money Market. Secretary of the Treasury Cortel you announced a new plan of depos iting government funds in New York, Boston and other cities, to afford re lief to the money market in the ap proaching crop-moving period. The plan was made known in this official statement: “Beginning with next week the Treasury Department will make each week for a period of not less than five weeks deposits in national banks at New York, Boston and other points, the security required to be approved state, municipal and rail road bonds acceptable under the exist ing requirements of the department, with the understanding that if call ed for such deposits shall be return ed January 1 next in instalments to be fixed by the secretary of the treas ury. “This action is taken to meet the commercial and industrial needs of the country at this season, and is be lieved to be preferable to waiting until a time of acute stringency, when the only alternative would be a large general deposit. The latter policy the secretary desires to supersede by one which shall have as its ultimate object the adjustment of the opera tions of the Treasury Department as rapidly as may be practicable existing law, in such manner as shall preclude their being in any sense a distributing factor in the business world. ’ ’ Fleet Sails for Pacific Coast. This official statement from the president was issued at Oyster Bay by Secretary Loeb: “Oyster Bay, N. Y." Aug. 23,1907. “The conference this afternoon be tween the president, Acting Secretary of the Navy Newberry, Rear-Admiral Brownson, Chief of the Bureau of Navigation, and Rear-Admiral Evans was to decide some of the details in connection with the fleet going to the Pacific. “The fleet will consist of sixteen battleships and will start some time in December, going through the Straits of Magellan and up to San Francisco; and it will probably also visit Puget Sound. “The question of the route by which it will return to the Atlantic has not as yet been decided. “The destroyer flotilla will leave for the Pacific about the same time as the fleet, but will not accompany it.” Mrs. J. F. Ryan a Papal Countess. Private advices report a rumor in certain Vatican circles that in all likelihood ThomasjF. Ryan would be made a noble of the Holy Roman Catholic Church before the end of the year. Inquiry among high ecclesiastical officers was at once made concerning this information and it brought to light the fact that Pope Pius X. in December last had bestowed the title of Countess on the wife of the Amer ican gas, tobacco and street railway magnate in recognition of her chari ties and benefactions to the Church. The bestowal of title on Mrs. Ryan has been long expected by those fa miliar with church affairs. But it is not the first favor she has received from the Vatican. Pope Leo XIII. granted her the dispensation of hav ing a traveling chapel. This is in stalled in her private car, the “Pere Marquette,” and is the only one of its kind in this country. The only other in the world belongs to the Queen Dowager of Spain. It is said Mrs. Ryan gives away $1,000,000 a year in charities. Her gifts to the Church alone in the past four or five years arenes.imated at more than $5,000,000. Root Victim of Overwork. Secretary of State Elibu Root is a member of the famous “Training Squad” at Wrestler Muldoon’s farm near White Plains, N. Y. It was re ported in White Plains that when Mr. Root reached Muldoon’s he was on the verge of a breakdown from over work. He was nervous and dis traught. He is still suffering from nervousness, but it is believed that under the treatment of the former champion wrestler of the United States he will make rapid recovery. Disfranchisement Approved by the Governor. Governor Hoke Smith, of Georgia, approved the negro disfranchisement bill, and at the next general election in the state it will be submitted to the people of Geor gia for ratification as a part of the organic law. Inasmuch as the bill embodies one of the paramount is sues of the campaign, Governor Smith was especially well pleased to attach his signature of approval, and he feels sure that the people of the state will ratify its provisions when the question is submitted to them. The amendment is so framed that it will eliminate about 90 per cent of the negro vote of the state, and at the same time preserve to every white man the right of suffrage. Driven to Suicide By Public Taunts. Paul A. Barth, recently mayor of Louisville, formerly president of the Board of Aidermen, prominent in business and wealthy, committed sui cide by shooting himself while in the office of the Utica Lime Company, of which he was president. It is be lieved that the act was due to the taunts of political enemies and news papers allied with them, in criticism of Mr. Barth’s political methods and in question of his personal integrity in his official life. All the municipal officials, includ ing the mayor, were recently ousted from office by u decision of the high est court of the state, which held that the places they had held a year and a half had been secured by a fraud ulent election. Robert W. Bingham was appointed by tho governor as mayor to succeed Barth, and account ants were at once set to work on the books of the various departments. It was found that the «ity had paid