HomeMy WebLinkAboutClinton News Record, 1954-05-06, Page 7TIiURSDAY, MAY, 6, 1954
CLINTON' NEWS -RECORD''
PAGE SEVEN
he Top Shelf.
•
(By BENJAMIN BEVERIDGE)
There is a familiar historic ring
o the current battle for possession
f the New York Central railroad
the United States. If railway
zar Robert Young and Cyrus Eat
n, Nova Scotia -born financier
rom Cleveland, have connived to
ut over a deal, as has been charg-
d, it quitein keeping with the
ctics of that unscrupulous last
ntury era when the Vanderbilts
nd financial wizard Gould, Drew
nd Fisk went forth with that
ublic be damned!" philosophy to
lid the lines of steel which now
retch across the continent.
It is appropriate, too, that on
e current bestseller lists is a
k called "The Age of the
oguls", by Stewart H. Holbrook,
which is a brilliant assessment for
layman of 'the barons of steel, oil
railroads, ships and automobiles
who were the first millionaires of
the New World. 'In publishing this
volume, Doubleday's has made a
definite contribution to a final un-
derstanding of the early American
capitalist and their work in creat-
ing—for all their selfishness and
scheming indifference to the public
good -the basic industry and econ-
omy of the world's greatest nation.
They gave America an unchange-
able face.
The book tells on them all –
Cornelius Vanderbilt, John Jacob
Astor, Daniel Drew, Jay Gould, Jim
Fisk, Philip Armour, Andrew Car-
negie, J. Pierpont Morgan, Cyrus
...in a year when ..
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McCormi'ek, , John D. ,Rockefeller,,
Andrew Mellon, James J. Hill, the
good and the bad, the Du • Ponts,
the Guggenheims, the Fords, and
lesser princes of capital whose
triumphs and ignominies can now.
be seen through the perspective of.
time.
One of the greatest tycoons was
a Canadian. James Jerome Hill,
the empire builder, was theoman'
who made the northwest. He was
born in Ontario in 1838, and start-
ing out with nothing he left $43,-
000,000 'behindhim when he died.
Hill thrived on stock panics and:
the industrial reverses" of his op-
ponents. He was the junk dealer
of railroads, and borrowed $6,000,-
000 from the Bank of Montreal
‘‘Kidnapping"' Baby Animals Is Illegal
SaysConservation ConsCervation Off icer G. R. Harris
Kidnapping of baby fur bearing
animals and deer to take home as
pets is strictly contrary ; to , the
Game and Fisheries Act and reg-
ulations in Ontario and invites
stern prosecution. In iasuing this
warning, the Ontario Department
turn killer if it is a fax or raccoon
and probably kill off the neigh-
bour's fowl, or it may just' die of
starvation." Prosecution cannot
right the wrong, he suggests, but
co-operation in safeguarding. young
Wildlife can prevent it,
of Lands and Forests appeals -.for
co-operation in the protection of
young vildanimals, especially at
SheafferPlantchis season when almost all wild
animals raise their young.
wild things, watch them and'en]oY
Conducts Poll
11"Find,a litter of these young
and Lord Strath'icona to buy his 'them during trips to the woods,
first one. He even brought out but also protect them. Leave them
his own immigrants to settle along
the line, from Minnesota to the
Rockies. It did not seem import-
ant to him that much of the land
eventually turned into desert, al-
though it was in this area that
Hill helped found Montana.
Canadians have not remember-
ed this illustrious son very well,
though he was shrewder than
Shaughnessy and Pellate, and just
as remarkable as latter day Can-
adian industrialists E. P. Taylor,
Lord Beaverbrook and K. C. Ir-
ving. James Hill pushed his rail-
road right to the Pacific with no
financial scandals. He consolidat-
ed his lines into the Great North-
ern Railway Company, and when
the courts prevented an amal-
gamation with Northern Pacific,
Hill's ally, J. P. Morgan, took over
the •latter in much the same; man-
ner as Eaton may have done for
Robert Young. Hill repaid the
help he got from Canada by help-
ing to build the Canadian Pacific.
In the days of old Commodore
Vanderbilt (his assets weighed
500 tons in gold) it was good busi-
ness to be ruthless. • Judged by
modern business ethics, most of
the moguls would fall short of
moral praise. But it was a dog-
eat-dog environment they lived in,
and so we may be kind to them.
Before the unions came they made
fortunes quickly by exploitingja-
bor. After the unions—with the
coming of the younger Rockefel-
ler, George Pullman and Henry
Ford—the moguls made money,
but not so quickly, even with the
help of the Pinkertons and the
professional strike bearers.
Cyrus McCormick was unique
among the wealthy industrialists
of his time because he was an in-
ventor, a creator. Daniel Drew
was the only one to serve in the
military forces. John D. Rocke-
feller, like Horace Greeley, lived
on Graham crackers and, like
modern day J. Arthur Rank,
taught Sunday School. Although
Morgan and Rockefeller inherited
money to start with, all the others
had to work for it. They made
fabulous fortunes and some of it
has done a greattamount of good
in charitable use. 'Jim Fisk, a
circus worker who made money in
cotton, beats, gold and railroads,
was killed in a lovers' triangle,
and Daniel Drew, the pious one of
the lot, died broke.
Mr. Holbrook writes of a crafty
deal John Jacob Astor pulled in
1909. He learned from a legal
"detective" that 51,012acres of
Putnam County in New York did
not legally belong to the 700 far-
mers who had occupied it since
the end of the Revolutionary War.
The land had originally belonged
to one Roger Morris, from whom`
the state had illegally confiscated
it, or so it was alleged. Astor
went to England to see the Morris
heirs. He bought them out for
$100,000 and returned to Putnam
and ordered the farmers off. He
was eventually awarded $500,000
and Astor went on from there,
foreclosing on bankrupt landown-
ers, to become one of America's
richest men.
Carnegie was as crafty as any
with their parents. That, is their
protection," advises Conservation
Officer G. R. Harris, of . Willow
Cover, in the Lake Huron district.
"You can nearly always be sure
to see a mother animal and her
litter if you range the woods dur-
ing April and May," he points out.
"It may be a groundhog with five
or six youngsters or a raccoon with
her young ranging from three to
seven. It may be the lowly skunk
with as many as ten, or a doe
deer with her single young one or,
perhaps, twins.
"On your trips to the Woods, try
to find these family groups. Watch
them from a distance and you will
see some of the finest examples of
motherly love on earth. Each
mother will risk her life to save
her young. Her every move seems
to teach her offspringa lesson for
their safety and survival. Watch
them, study them, but don't take
them home. They do not belong
in captivity and no one has a right
to steal them from their mothers.
"Each year, many baby animals
are kidnapped from their parents
and taken home as pets. They are
usually well taken care of until
the novelty wears off. Then they
may be neglected and released to
fend for themselves. Is that fair?
That baby has not finished being
taught by its mother the ways of
obtaining food before being taken
from her. When released, it might
of them. This wiry Scot made
his money, in steel. On one oc-
casion his iron rail company was
suffering from the competition of
the Duquesne firm which was
making steel rails by direct rolling
process. Carnegie knew his com-
petitor's rails were better but he
sent out letters to the rail com-
panies advising them the new rails
were dangerous. When• the Du-
quesne stock went down the firm
sold out to Carnegie who then
went on turning out• the same
kind of rails he had condemned.
Carnegie later unloaded hissteel
holdings on J. P. Morgan for al.
most half a billion dollars, and
this led in 1901 to the formation
of the U.S. Steel Corporation, cap-
italized at $1,402,000,000.
Though Carnegie cared little for
Canada, his foundation has built
and supplied countless Canadian
libraries.
Daniel Drew started out with
$100 as a cattle buyer. Since cattle
were sold at live weight he salted
them well and let them drink
their fill before reaching market.
He made a fortune this way and
created the term "watered stock".
P. D. Armour made $2,000,000 in
90 days when he foresaw the vic-
tory of the Union armies. He of-
fered to sell pork (priced' then at
$40 a barrel) for future delivery
at that rate. Hundreds of traders
thought the price was going up,
but when prices sagged at the end
of the war Armour bought up all
he needed at $18 a barrel and sold
it to the traders for $40 as agreed.
With these profits Armour started,
without loans or mortgages, the
great firm of Armour and Cotn-
pany.
For 2000 A.D.
A mass prognostication of what
the world will be like in 2,000
A,D, was made in Goderich
last week b yapproximately 500
oracles whose predictions will be
checked 46 years from now.
They are the school children of
Goderich and the employees of the
new $1,000,000 W. A. Sheaffer Pen
Company at Goderich.
Will the hydrogen bomb have
been used in war by 2000 A.D.?
Will hockey still be Canada's fav-
ourite sport? •.
The prophets are answering
those 'questions and 16 others in
a unique game of "20 question"
that won't be completed for nearly.
a half -century.
Their answers will be vacuum -
sealed in a time capsule and en-
tombed in a wall of the Sheaffer
Pen Company's new plant, as part
of open -house ceremonies marking
achievement of full production by
the industry.
The capsule will be sealed in
the presence of many of the Gode-
rich District Collegiate school
children and employees participat-
ing in the poll. A bronze plaque
marking the burial spot will warn
that it is not to be opened until
the next century.
The poll also will include the
following:
Will airplane passenger flights
in 2000 A.D. be faster than sound?
Will a guided missle from earth
reach the moon? Will a cure have
been discovered for the common
cold? Will Europe be federalized
into one state? Will the telephone
have been replaced by person-to-
person television?
And the perennial problems of
baldness and women's clothes will
be considered. The youngsters and
employees are being asked if they
think someone will have discover-
ed how to grow hair on bald heads
and if women's clothes will be
standardized into utility suits and
coveralls.
Sealing of the time capsule,
holding youth's estimate of tomor-
row, will be witness by Ontario,
Huron and Goderich government
officials, according to Leon H.
Black, the pen company president.
"We at Sheaffer's consider this.
poll more than just a look into the
future by our citizens of the fu-
ture," he said. "We hope the
people of Goderich and Huron
County will consider it a symbol
of our belief that our future is tied
to theirs. We're confident the
opening of the capsule in 2000 A.D.
will mark the completion of 46
years of progress for this city and
the company."
o—
EXETER P. S. PRINCIPAL
GOING TO PRESTON
Principal of the Exeter Public
School for the past ten years,
Claude H. Blowes, has resigned to
take an appointment on the staff
of Preston Public School, Three
present members of the staff, Miss
Doris Robinson, Mrs. Douglas
Hughson and Mrs. Lloyd Turvey,
have accepted contracts for next
years, and five new teachers have
been hired.
A
GENERAL MOTORS
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3t` ' There's something so heartwarming in just the look of the car—long,
low, and. sleek, with a lively harmony of glamorous colors. Then, there's
the sense of power you get from the history -making new edition of the fatuous "Rocket"
engine: And this great, high -compression 185 h.p. power plant is so beautifully balanced by
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11,
LORNE BROWN MOTORS LIMIT
ED
Weed of the Week
Brief acquaintance with yellow
Rocket and Compton Mustard will
show differences,, the Department
promises.
Yellow Rocket or Winter Cress
is becoming too well known to a
large number of Ontario farmers,
the Crops Branch: of the Ontario
Department of Agriculture reports,
but adds that a comparatively
brief acquaintance is usually suf-
ficient to enable the farmer to
distinguish Yellow • Rocket from
Common Mustard.
Actually' there are two points of
similarity—the yellow color of the
flower and the fact that both
plants produce large quantities of
seed.
By way of description, a brief
comparison is all that is necess-
ary.
Yellow „,Rocket is perennial;
Mustard is annual.
Yellow Rocket flowers in May,
Mustard in June.
Yellow Rocket leaves are dark
green, smooth, shiny, oval and
many lobed. Mustard leaves are
larger, oblong, dull colour, stems
hairy,
Much of the spread of Yellow
Rocket is due to its presence as
an impurity in clover seeds. Under
the Seeds Act it is classed as sec-
ondary noxious, and the tolerance
for this class of seeds is ten per
ounce in No. 1 seed. If you are
one of those careful farmers who
always look at the certificate of
the seed you buy, you may find a
few seeds of Yellow Rocket mas-
querading under the name of Win-
ter Cress.
Control of Yellow Rocket lies in
recognizing and pulling the few
plants which may occur in, first
Year meadows w or newly sown pas»
uses. This should not be a very
big job since Yellow Rocket only
becomes a real problem if permit-
ted to go to seed for a few years,
Unfortunately, it ripens seed too
early to be controlled by' cutting
hay. In pastures it can be clip-
ped early enough to stop it seed-
ing.
Yellow Rocket is susceptible to
2, 4-D at rates of 6-8 ozs, of acid
per acre, This fact is not very.
helpful since it usually shows up
in meadows and pastures, and that
amount of 2, 4-D would cause
serious damage to clovers uprotec-
ted by any cover crop. However,
the 2, 4-13 method is highly suc-
cessful if the plant has escaped ,to
ditches, roadsides or other non.
crop areas.
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