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Show T R U T H. 8 j TRUTH Isbuo1 by TRUTH PVBLISHING COMPANY.', Wkly Western Newspsper Union llullding. 21 South West Temple Street, Salt Luke City. JOHN W. HITCHES, Editor and MsiUger. Entered June 19, Utah, as second-clas- s ut Suit Luke City, mutter, under Act of 19091, Congress of March 1. 1879. TKKM8 OF SI'ISSCIIllTlONl ONK YKAlt (In udvuiif) 1.0(1 HlXlirONTIIM .. .75 TIIKKK MONTHS M . . Post musters sending hubwirl pilous 'to TKUTII may retain 25 per oent of subscription price bn commission. If the paper is not desired beyond the? date subscribed for tho publication should liwnoll-fle- d by letter two weeks or more before the term expires. ihkcontinUAnckn. Remember that the publisher must he hot! lied by letter when a subscrllwr wishes his paper stopped; all urreunt must be paid in lull. ; Requests of sulNtcriliers to have tliolf paper mailed to a new address, to secure attention, must mention former us well as present . Address all communications to Thuth' Company, Suit Luke City, Uluh. Iuu-UsiilN- ! O i' It is a lucky thing for Dr. Wilcox, the new health commissioner, that he Recently, Earl Grey, the trustee of Rhodes estate, called on Watts and inquired about the statuary. He was shown the models, and a happy thought passed' through his mind. What a .fitting monument for the great South African! he exclaimed. He then requested Watts to hurry, and have the group cast, so that it could be erected oq the top of the high granite Matoppo Hills, where the millionaire was buried. Rut the work is not yet finished, said the artist. Neither was Rhodes, retorted the earl. The group was cast in Its unfinished Btate, and is now well on its way to the Transvaal, , A fine granite pedestal is being prepared for It, and in a few months time the Kaffirs, as they pass the lone and rugged Matoppos, will see towering from the topmost height, a large bronze equestrian monument representing energy, which in conception, execution and surroundings, will fittingly symbolize the restless spirit to whom South Africa owes i the inflated price of the raw material. Mr. Sully did not own all the cotton in the world, but he controlled the market by holding the bulk of the visThe ible cotton supply on margins.. shorts all combined against him. . It fix up tqok the bears some time to their batteries, but at the proper time they concentrated their efforts on the market. They each held a small supply of cotton, which in the aggregate At the amounted to considerable. appointed time, they began to unload. Mr. Sully did not have money enough to take up all the cotton that was ofIn a fered and the market broke. few minutes cotton had fallen fro in $70.25 a bale to $63, and the failure of York-stocSfully was announced on the New exchange. A fairly good price for raw cotton 1b ten cents a pound, which makes a bale worth $50. Its inflated value had nothing to do with supply and demand, but was brought about entirely by the abnormal conditions created by the corner. Fifteen months ago cotton was worth $35 a' . bale. i jtjt so much. THE FINANCIAL KINGDOM. The collapse of Daniel J. Sully, the is a believer in the efficacy of vaccination as a preventive of smallpox. If big 'cotton broker, was a startling he were not, between the Tribune, and event in the financial world. He had b the Herald he would have had his rep- cornered cotton and raised the price utation as a physician and a man torn from seven cents a pound to seventeen cents.. Hehad made raw cotto tatters by this time. ton so expensive that many of the o Any member of the city council mills had to close down because they who whould undertake in good ear- could Hot manufacture cotton goods at nest a crusade for sidewalk Improvements in the city would make a de- sec The appearance of the cided hit. streets outside of the paved district is something fierce at this season of the year. It would ho impossible to pave all the walks with cement or flags, but a great Improvement on the conditions of both the streets- and sidewalks could he made the cost small the at very by application of sand or gravel, an abundance of which could be obtained near at hand. A lot of teams and men should be put on that work. The result would he regarded as a godsend by property owners and pe dostrians. For more than, a year there has been a gradual decline in nearly ail the listed stocks, except those secured by an absolute monopoly like StanThe dard Oil and General Electric. dishonest methods of the trust pri moters have been but poorly conThere was a prevailing nocealed. tion that the colossal trusts were governed by a magical influence. When the public became suspicious of the great financiers there was a falling oil still go on as though nothing had hap. pened. They could raise their tariffs will at and pool their issues, so there no was actual reason for the decline in the price of stocks except the desire of small stockholders to realize on their holdings. This showed an impoverishment on the pail of small capitalists and a spirit of doubt in the minds of those who had acted as producers. There is little doubt bet Rockefeller and the Standard Oil interests are buying up all the stock of the various railroads at present prices. There is a kind of absurdity in the action of Attorney-Genera- l Knox pretending to prosecute the trusts under the direction of President Roosevelt. It is well known that Knox in his lifetime has eaten but little bread that was not furnished by some trust, for he was the attorney for the biggest trust In the world when he received his appointment as attorney-generaIt is openly charged inat he is still in the employ of the same trust,' drawing about ten times as muplr money as he If these gets from the government. things are true, the government is conducted by political conspirators instead of a. political party. Attorney-Genera- l Knox says that although the decision in the Northern Securities case has resulted in a victory for the government, the government will not now run amuck with' its d power. That probably means that nothing more will be done and if anything is done the trusts .will be notified in advance, for it is only an ungrateful cur that will bite the hand that feeds it. J There is every indication that a crisis is being warded off by the flnancial interests cf the country. The great-- ' est care is being exercised in the discharge of men by the large corporations. The railroads have all agreed to discharge men so gradually that it will not create a disturbance in the labor world. But the effect can hardly be avoided by this course. The trusts have succeeded in "controlling both the "buying and selling price of nearly every commodity used in the United States. Throughout the east there is much prostration of business, which is being carefully concealed like a family secret. "It was thought that the panic would break long before this, but it has held off like a slowly approaching storm. Some simple event may precipitate the crisis, nnd upon the government itself, however unjustly, must fall the full force of the tempest. The government has apparently been drunk witlr commercial ambition and must pay the penalty with a big head, if not with an attack of delirium tremens. l. - . new-foun- . : executors find that his estate is far more valuable than at first believed. After paying all his bequests, there remains a sum of nearThis will be disposed ly $10,000,000. of in a secret manner, in accordance with a wish expressed by Mr. Rhodes V before he died. Recently there was shipped' from England a large group of equestrian statuary, to which is attached an inWhen Rhodes teresting romance. was last in England, he visited the atl-ie- r of the famous artist, Watts, who was then engaged working up the plas ter model of a large equestrian group which he desired to represent EnerMr. Rhodes thought that it gy. would make a splendid adorpment for a public garden in South Africa. He wanted to buy it, but Watts intended to present it to the British' public. At last he agreed ' that Rhodes should have' a copy of it if he would pay for casting' it how the railroads could lose one quarter of their stock market value and - - Cecil Rhodes in the number of producers and the stock market languished. It has been the wonder of intelligent persons Some of yours surely need replacing, now that the long winter has broken. Ng Your home needs new spring clothes. Our laces and drapes radiate the brightness of the season i . H, Dinwobcley Co. THE RELIABLE HOME FURNISHERS . v LAND8CAPE GARDENING. Contracting for new lawns. Lawn ' cutting promptly done. Walter Wil- liams; 1318 s. 757 SoUtii :Eighth'West. 'Phone |