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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 7, 1909, Lethbridge, Alberta me HCRALQ, WEDNESDAY, OCTOBER 6, ISM. Daily Herald 2.00 1.00 35 3.00 1-75 85 de Ettablished IM7 Published by the Daily Herald Print- ing Co., Ltd., every lawful evening office, St., Lethbridge, Alberta. Canada. W. A. BUCHANAN Managing Director and Editor Subscription Rates Daily, one year, delivered Daily, sue months, delivered Daily, three months, delivered Daily, one month, delivered Daily, one year, by mail...... Daily, six months, by mail Daily, three months, by mail addresses changed as often as eked, but both new and old ad- dresses must be given. WEEKLY Published every Wednesday in eight pages, and contains a summary of the world's news of the week, local ft-nd foreign. One year, in advance Six months, in advance months, in advance........50 THE DAILY HERALD u> on sale at the following places: Sage, J. G. Kobertson A Co., J. D. Higinbotham Co., J. J.-Johnston. A Co.. R. W. Ham- ilten. Pincher J. Mitchell. D. L. McCrea. Bros. Drug Book Co. J. Stafford. Fernje.'B. E. Suddaby. Vdranbrook, Atcbison. "v L. Reinecke. Qrassy Tugham. F.Werts. SUN FIRE The oldest Insurance Olftcc in the world FOUMJKD A.D. 1710 BLCENTENAKY 1910 HOME OFFICE IONDON. ENGLAND Branch, Sun Building, Toronto, H. M. Blackburn. Manager. C. B. BOWMAN, AGENT, LETHBRIDGE, ALTA. other hand, has the immense possibilities in developing the illiinit- able natural resources of Canada and j in t raff icing in the needs of the peo- ple, Therefore, it is American capi- VALUE OF STOCK INCREASED Great Falls, Montana, Sept. 22, 1909. Special meeting of the Reid Min- tal that buys and operates the timber jing> Milling and Smelting Company pulpwood areas, that prospects of Q-re'at Falls, Montana, operating and develops the mines, erects and the well known property near this operates factories of various sorts, 'city was al 0fficeS( rooms and takes a chance on Western lands. Oi Berry and Bennett, Attorney's of There is a risk in these things. The j Great Falls, Montana, on Wednesday financial returns are not sure. It may evening, Sept. 22, 1909. be necessary to keep putting in money j Owing to the fact that recent de- for years before there is any return. velopments have shown the property The affair may prove a failure and to be an extremely valuable one muck there is no guarantee of dividends, .interest .was manifest and important But success brings big returns and action was taken. The report of the Imany an American has become a mil- Managing Director J. H. Van Pelt j lionaire because'he took his chances was heard, and on motion of E. W. 'on Canadian investments. JReid a large stock holder of Great The average American capitalist is Fails, Mr. Van Pelt's earnest efforts ia speculator and a developer, while were highly commended and he wasj the average British capitalist has re-appointed Managing Director for shown himself as a dividend dra-wvr. j the ensuing year, with instructions to And the man of enterprise is making.push the development to the extreme the money because he is willing to limit. Assays of the ore have been take his chances of getting big re- submitted to experts and all "declare turns. this to be one of the richest bearing This has not -always true. I orc .stratas ever opened in the State, capitalists, like those jA motion of Mr. Reids that the val- the Alberta Railway of the stock be increased at once I McLaren's Imperial Cheese Fresh The Bentley Go, Ltd, lUrtilt ind letiii Phone 35 IfTHfiRIQGf CERTAINLY Golden West Furniture Store Is the cheapest in town Very Best Prices Paid for Second-hand Goods Baroness Road, beside the Arlington Hotel BUMPS FOR TAFT '-President Taft's tour through the West and Middle- West does not seem to be a great success. His purpose iri making' the tour and several speeches was'to explain the Payne tariff so as show the Republicans showed their dissatisfaction with it, that it is'alright, and in their interests. He is trying, too, to reconcile his pre- election pledges of tariff revision outcome of Congress' legis- latioiv is known as the Payne success has1 not been great as is vt ry plainly showed in the com- the ..Republican press. The San-Francisco Gall, Republican., says: "-President .Taft's tariff speech is a disappointment not merely to th: genuine' Republicans of the nation, but to the whole body oi the people. To the great majority of th.- Repub- f lican electors the President's virtually unqualified approval of the Payne .'tar- iff: bill conies-as a tremendous shock. The lay mind- will find: it practically impossible to square of President Taft at Wihpna with the utterances of candidates and Presi- dent-elect Taft in 1908 and of Presi- dent Taft no later than July, 1909." Another Republican., paper, the In- dianapolis Star, expresses its opinion of the Winona speech thus: whole purport of the Presi- dent's speech is a condonation of outrageously high duties which should have no defence. He admits that the woollen schedule is the result of a hold-up, on the part of the growers and manufacturers combined, and excuse. His defence of the cotton schedule is lame and almost a "confession of its iniquity. Through- out the whole address there is little of pretence of anything except a re- statement of apologies framed and turned over to him by Aldrich, Payne and Tawney. These men all belong to the reactionary element in the Re- publican party. The very occasion of the speech, in Tawney's home was an undertaking to help a man who ought to be retired from Congress and whose continued presence there does the Republican party mort. harm than good." Still leading 'Republican journal, the St. Paul Pioneer Press, expresses itself stfrongly and com- ments on Taft's servitude to the party leaders. It says: "Mr. Roosevelt was a strict party ma-n when his party joined him in doing what he believed was right and what he wanted done. When his party refused to follow his lead, Mr. Roosevelt showed pronounced muc-i wump sympathies and invariably i brought his party to his way of think-1 ing. "Mr. Taft is a strict parry man un-ler all circumstances. When his party will not follow his load and will not do what ho wants it to do, accepts hi- party's action, sur- rendering, temporarily, at least, his convictions on party plans, politics ana action. Mr. Roosevelt demanded that his party be right, or break with him; Mr Tart demands that his party be right; but right or wron-. he remains with his party. "We however, that the Pre- sident will sens..- enough of the under- current of opinion. particularly throughout the West and Northwest to become convinced that' thc peonle are dissatisfied, restless, and discon- tented with the action of the special session-of Congress on the tariff law. "If the President gets close enouirh to the real people on his Western trip to views and opinions he will find they have enlisted for "-i war, not to make noise, and that there will be no surrender until the Congress has aroused tr> enact legislation demanded and sorely ne'ed- eo'ior the benefit of the whole people .instead of for the further lardin- of the trust-fed special ifiriaiiced Irrigation Company, the South- jto 50c. per share due to the remark- em Alberta Land Co. and other showing of the property was Western concerns have invested in j withdrawn at the solicitation of Mr. the West. But the- rule is the other way. Van Pelt who protested to this ad- WAS MARRIED IN BED Aged Millionaire Weds Ontario Girl While Seriously III. Auburn, Oct. the aged groom lying in his sickbed, John H. Osborne, a retired millionaire manu- facturer, wedded his housekeeper, Miss Charlotte E.' Lister of Madoc, Ont., Canada, today under strange circumstances. An urgent call to th.3 city hall for vance without notice, stating thatja license> and a hurried visit for OUR POINT OF VIEW If Foster and Bryan were on oppo- site sides of politics this month would look like the political