Items of Interest

The attorney-general of the United States has issued the following statement on the subject of the proposed combination of independent steel companies:—

"It cannot be questioned that if it was lawful to unite through the United States Steel Corporation one half of the competitive units in the steel trade, the other half would also have the right to combine. And of course what could be done in the steel trade could be done in every other branch of trade, thus virtually putting an end to competition. But the decision of the circuit judges of the third circuit in the Steel case is not as yet the established law. It is because of just such consequences that the Government is appealing from that decision. Besides, in the Harvester case a court of equal rank took a very different view of the law. The question is now pending before the superior court. In the mean time attempts to combine able and efficient competitors affecting trade over a wide area will be subjected to the closest scrutiny of the department of justice."

Seven more names, six men and one woman, were added to the Hall of Fame in the fourth annual election just conducted through the New York University Senate, making a total of 56 names, 50 of whom are men and six women. The seven new names are: Mark Hopkins, former president of Williams College; Francis Parkman, historian; Elias Howe, inventor; Joseph Henry, national scientist, first secretary of the Smithsonian Institution; Charlotte Cushman, tragedienne; Rufus Choate, jurist, and Daniel Boone, pioneer. Of four names reconsidered under a new rule, John Paul Jones the sea-fighter and Roger Williams the clergyman failed of reelection.

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Modesty an Essential Virtue
October 23, 1915

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