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Knowledge a Mother Should Impart to Her Daughter. By William H. Walling, A.M., M.D. PURITAN PUB. CO., Dept. B. PHILADELPHIA JONATHAN, A TRAGEDY CONTINUOUS INDEX (Continued). Albright Art Gallery, Dedication of, 11* Alcohol and the medical profession, 175* Ambassador, A persecuted, 753 America as Russia's "real enemy," 787 Degeneracy in, 696 in the new grouping of the Powers, 124* American historians compared, 143* influence on English naval policy, 790 laborers deported from Canada, 57* literature, Mob spirit in, 77* music, Growth of, 702 paintings, Collecting, 142* president, Powerlessness of the, 941 scholarship, British thrust at, 141* temperament in painting, 171* Anarchy versus Anarchy, 902 Andersen, Hans Christian, 776 Anesthetic, A new, 47* Animalculés, how they behave, 856 Baltimore, Rebuilding, 695 Balzac his own literary ancestor? Was, 892 Baptist brotherhood defended," 897. Barrie, J. M., The fairyland drama of, 43* "Bennington" disaster, The, 1_8* Auguries of the, 167* I Bible as model of style, Inadequacy of, 79* Blue light as an anesthetic, 174* Bonaparte, new Secretary of the Navy, 849 Africa from South to North (Gibbons), 944 Life of Thomas Hart Benton (Meigs), 94* Miss Bellard's Inspiration (Howells), 187* Shining Ferry (Quiller-Couch), 93* Short Constitutional History of United States Sunny side of the street, The (Wilder), 188 Bottle-washer, An automatic, 50* Castro, vindicated by South America, 713 Chinese boycott of American trade, 772 physicians, 144* Choate's, Mr., home-coming, 737 Chopins, The two, 929 Christ and the Sense of Justice, 52* Scotch and English compared, 52* Architecture, Two new influences in, 180* as a school of fine arts," The, 150* union, A protest against, 939, Churches in America, New attitude of, 87* on rabbit hunting, 883, Collars, High, and the pneumogastric nerve, 782 Colleges, Denominational, excluded from Carnegie benefit, 861 Collision exhibition, Mr. Westinghouse's. 857 Compass points, Universal symbols for, 176* Composite Madonna, The first, 749 Congregational Church, Liturgical unrest in the, 151* Scandal of, 103* Cranes, Magnetic, 83* Crucifixion, New light on the, 821 Salesmen: Wanted as permanent representatives in various sections of the country reliable and ambitious men from 25 to 45; men trained for professional life; teachers or college men preferred. Apply to Department S" Funk & Wagnails Company, 44-60 East 23d Street, New York City. A New Offer On Saturday, July 1st, I shipped on re-orders to my customers eighteen thousand four hundred (18,400) cigars. My books show that during the six months ending July 1st, I gained over the corresponding six months of last year in re-orders a half million cigars; to be exact, the gain in reorders was 502,100 cigars. This proves my statement, that the only difficulty I have in making my business grow is to get the cigars tried by discriminating smokers. After a fair trial the cigars sell themselves. My business has grown, grown rapidly, as moving three times in two years (always into a larger factory) proves. In my new building I have one of the best equipped and complete plants for the manufacture of fine cigars in this country. Every precaution is taken to insure the best treatment of the tobacco from the time the bales are opened until the cigars are shipped, to secure the best possible results. have a business of which I am justly proud. I want a few more customers to bring it up to the full capacity of this building, and to secure them quickly am going to make A New Offer Shivers' Panatela EXACT SIZE AND SHAPE Send me your name and address, inclosing your business card as an evidence of good faith on your part, and I will send, absolutely free of all cost or obligations, twelve Shivers' Panatela Cigars. You are free to smoke them or give them away. I simply want you to give them a fair trial, and twelve is the smallest number the government will permit me to pack in a box. There are many cigars claiming to be "just as good" as Shivers' Panatela. This is an opportunity for the smoker to try Shivers' Panatela anyhow. In ordering, please state whether you prefer mild, medium or strong cigars. Address HERBERT D. SHIVERS, 913 FILBERT ST., PHILADELPHIA, PA. GINSENG WHITE PASTE PASTE COMPRAT DIAMONDMONTUSI $25,000.00 made from half acre. Easily grown in Garden or Farm. Send Roots and seeds for sale. 4c. for postage and get booklet O O, telling all about it. MCDOWELL GINSENG GARDEN, JOPLIN, MO A charming volume of verse by Thos. Ewing, Jr., By mail, $1.07. Funk & Wagnalls Company, Pubs., New York Readers of THE LITERARY DIGEST are asked to mention the publication when writing to advertisers. CONTINUOUS INDEX (Continued). Dalrymple, Mr., on municipal ownership, 925 Degeneracy in America, 696 Delcassé's defeat in Morocco, 902 Depew, Senator, and " Equitable" Finance, 106* The Roman Catholic theory of, 821 problem, An interesting, 114 Dunne's, Mayor, change of base, 105* Dynamite transportation, The problem of, 934 Earth has solidified, How the, 745 Eclipse expeditions pay? Do, 705 Egoism as a basis for Christian ethics, 936 Electric transformer, The, 935 Electrical industries, Progress in, 935 Electricity in railroading, 858 Engine, rotary, Problem of the, 17* England's buffer state for North India, 904 Equitable management, Weighing the new, 921 methods of finance, 1* Regeneration of the, 849 European pressure on United States, 754 Explosive, Safe, wanted, 660 Explosives, Railroad transportation of, 774 Faith, A returning age of, 105* Fast trains, Are they dangerous? 81* Safety of, 2* Fat men should swim, Why, 177* Federation, Protestant, Catholic view of, 54* Tendencies in American, 740 Fishery disputes with Newfoundland, 714 FitzGerald classed as an amateur, 45* Folk, Governor, and Sunday-closing laws, 110* Fourth," How to live through the, 13* Irish attack upon disestablishment in, 121* Progress of disestablishment in, 89* Protestant uneasiness in, 18* Wrangle with Japan, 827 Franchise-tax law, New York, sustained, 848 French neutrality, American views of, 733 novel and the American woman, The, 77* virtue and American virtue, 90** Garbage disposal and city politics, 51* Gas, illuminating, Dangers of, 14* monopolists vs. the people, 691 German efforts to revise Christianity, S7 and English admirals, 828 Crown Prince wedding, gor Germany affected by Russian situation, 712 Great Britain open to invasion? Is, 789 Guns, great, with rapid fire, 932 Hardy, Thomas, as an optimist, 170* THERMALITE BAG Hay, Secretary, Death of, 35* Better than a hot water bag because it gives a dry, even, long-continued, vitalizing heat at just the right degree of temperature. It also stores heat which can be instantly turned on at any hour, day or night, summer or winter. Will last for years without refilling or renewing of contents. Will Fcalding the user, as so often happens with the hot water bng. Perfected in Germany. Eight recent European highest John Wanamaker says: "There will not crack or burst at the seams, awards. be a Thermalite Bag in every home in the land," No. 1, gives hent 3 hours, 81.50 No. 2, gives heat 6 hours, $2.00 No. 3, gives heat 8 hours, $2.50 No. 1, gives heat 10 hours, $3.00 Money back if not satisfactory. We deliver postpaid on receipt of price if the druggist cannot supply you. Free descriptive book. The Thermalite Co., 163 Elm Street, New York, U. S. A. as a man of letters, 111* Hooker, W. B., and the New York legislature, 6* Horses, Wild, on Sable Island, 858' 66 Instinct in insects, Origin of, 51* International conventions, Three, 152* Iron and copper, Exhaustion of our supply of, 115* James, Henry, on American men and women, 929 Missionary situation in, 708 Japanese civilization, Seamy side of, 888 menace to colonists in the East, 788 naval victory, The, 812 success, Menace of, 920 Trafalgar, A, 863 Jefferson, Joseph, Some estimates of, 655 Jingoism rebuked in Germany, 942 Judaism in New York, Condition of, 936 Proposed synod of, 19* Jury system a failure? Is the, 696 Kaiser's Cup, Capture of the, 812 INSIST UPON HAVING THE FERRIS DELICIOUS HAMSANDBACON A LITTLE HIGHER IN PRICE Whitman Saddle The one saddle always preferred by discriminating riders. It is the highest type of the saddler's art. Correct in every line-always comfortable for the horse and rider. Complete catalogue sent free, showing the Whitman for men and women, and everything from "Saddle to Spur." Address $12 to $65 The Mehlbach Saddle Co., 104 Chambers St., New York SEND THE NAME OF YOUR CAR or engine, and we will send full information about the APPLE Automatic Sparker. The best storage battery charger for automobile, launch, or gas engine. Address THE DAYTON ELECTRICAL MFG. CO. 125 Beaver Building, Dayton, Ohio MY FREE BOOK Is called "How Money Grows" and tells: How to tell a good investment; how to invest small sums; how you can convert $100 into $358.83; how to guard against poor investments, etc., etc. If you are able to save $10 or more a month from your income you should not fail to own a copy. NOT AN ADVERTISEMENT of any investment but full to the brim with information that everyone should possess before they invest a dollar. Ask for it on a postal and I'll send it FREE by return mail. W. M. OSTRANDER,599 North American Bldg., Philada. 10.00 Telephones, Complete, $2.50 to 11.20 Electric Door Bells, 75c., $1, 81.25 1.55 O Carriage and Bicycle Lights, 75c. to 5.00 Lanterns & Pocket Flash Lights, 75c. 3.00 $8.00 Medical Batteries 3.90 ELECTRIC Necktie and Cap Lights, 75c. to Dynamos and Motors, $100.00 to THE "NULITE" 35- VAPORGAS LAMPS AGENTS ARE COINING MONEY. o A 20th-Century evolution in the art of lighting. Entirely new, 100 candle power, 7 hours one cent. Superior to electricity or gas and cheaper than coal oil. No trouble to keep clean, absolutely safe. Sells at sight. We also manufacture table lamps, wall lamps, chandeliers, store and street lamps. Agents wanted at once. Write for free catalogue and prices. We manufacture all kinds and grades of mantles. If you buy them direct from us we will save you dealers' pi ofits. Prices sent upon request. Chicago Solar Light Co., Dept. B. Chicago. Send for this Print your own cards, circulars, &c. ARE YOU DEAF? We have 25 Kinds of Instruments to Assist Hearing. Sent on approval. Write for Catalogue. Wm. A. Willis & Co., 134 S. 11th St., Philadelphia. Readers of THE LITERARY DIGEST are asked to mention tho publication when writing to advertisers. CONTINUOUS INDEX (Continued). Korin, the Japanese artist, 890 Lakes, Great, Is the level of, falling? 84* Lewis and Clark Exposition, 882 Libraries, public, Enormous growth of, 78* 1 Magnetism by mixture, 703 opera, 172* Medicine, Modern, in antiquity, 743 Medicines, Some pernicious, 894 Mental disease, Responsibility in, 781 phenomena, New method of measuring, 117* Meredith's literary style, The penalty of, 891 Milk-bottles, Paper, 820 Milton as a religious radical, 123* Milwaukee, Campaign against graft in, 165* Miniature painting, 9* Ministerial irresponsibility, 785 Missions, Christian, The greatest problem before, 861 Foreign, as affected by outcome of the war, 19* Mitchell, Senator, Conviction of, 75* Modjeska testimonial, The, 701 Mohammedanism, A missionary spirit in, 786 Moral in literature, The insincere, 170* Morocco, Delcassé's defeat in, 902 imbroglio, Possibilities of, 23* L'Allegro, Il Penseroso and, 185* Morton's, Mr., exoneration, 5* Name, What is in a, 148* Nan Patterson case, Verdict in the, 696 Naval training, English views of our, 866 Negroes, Southern, as property-holders, 926 Newspaper English, 113* Niagara, Another way to save, 148* How to save, 893 Norway preparing for war, 825 The fate of, 940 Norway's secession, Causes of, 900 North pole, Ownership of the, 894 "Novel with a Purpose," One, that succeeded, 814 Odor, Loss of substance with, 857 Oratory, After-dinner, in America, 10* Oscar II. and the throne of Norway, 55* Results of 847 Philippines an element of weakness, 698 Plants grown by acetylene light, 895 that hide from animals, 49* Poetry, Consolations of, 778 Poland, Russian, Uprising in, 8* Polishing, Mechanical effects of, 744 Population and rainfall, 706 Porto Rico's demand for self-government, 169* Protestant and Roman Catholic Bibles, 710 Public library, Is it feminized? 10* Pure food bill, Enemies of the, 736 Race riots in New York, Lessons of the, 136* Races of Europe, Mixed, 746 Racing for Kaiser's Cup, 768 "Radiobes" and their discoverer, 147* Railroad authorities on rate control, 767 control, Administration differences on, 734 Railroads, American, Secret of success in, 24* Railway congress, International, 603 Speed war between New York Central and Raines-law hotels, Fight on the, 885 Rapid Transit, The sociology of, 15* Ray-cures, 115* Religion, Blurred outlines in, 122* Imagination in, 86* Religions of New York, 747 Religious controversy, Decay of, 149* Renan as an artistic trifler, 823 Reverence and ritual, 899 Revivals, Fear and hypnotism in, 750 Revolutionary spirit in French literature and art, 742 Rockefeller's gift, and business ethics, 37* Sweet sleep all summer is yours if you rest Ideal DIRECT FROM THE FACTORY THIS DESK shipped anywhere in the United States upon receipt of Examine Carefully and if found to be A l'in every respect, pay the balance, $12.00, and the freight, and you will have the greatest desk value ever offered. This desk is made of selected Oak throughout. It is 48 inches long, and is finished golden. Has pen racks, extension slides, book stalls, etc. All drawers lock by closing curtain. Nothing to equal it has ever been offered heretofore for less than from $25.00 to $30.00. Write for Desk Catalogue. Address Central Mantel Co., 1216 Olive St., St. Louis 333 Per Cent. Of the entire number of clergy of all denominations are reached each month by The Homiletic Review No other magazine on the Readers of THE LITERARY DIGEST are asked to mention the publication when writing to advertisers. CONTINUOUS INDEX (Continued). Rodin's artistic ideals, 777 Roman Catholic Church, Radical forces in the, 53* Reform in the, 120* Roosevelt and the third term, 773 Root, Elihu, as Secretary of State, 70* Russia, Agrarian revolt ín, 790 appeals for diplomatic support, 22* anarchy versus anarchy, 902 Drama and censorship in, 172* End of autocracy in, $26 Fear and distrust of books in, 12* Foreign books in, 44* Future of, 940 Hope of revenge in, 788 Is there any hope for? 183* Revolution in ? 72* Tolstoi on Jewish question in, 186* Zemstvo congress and the Russian police, 137* Russian naval mutiny, 42*, navy and Mr. Schwab, 695 press on peace prospects, 124* realism, 852 religious reformation, Beginnings of, 86* situation, Importance of the, to Germany, 712 stage during a critical year, 889 treatment of artists and authors, 701 Russo-Japanese War: American views of French neutrality, 733 Naval authorities on naval battle, 40* Peace and one of its sequels, 125* Peace plenipotentiaries and reporters, 164* Russian admirals and lost battle-ships, 844 Washington chosen for peace conference, 919 Saghalien, Seizure of, 104* Scandinavian Peninsula, Prospect of war in the, 786 Schiller, Religion of, 937 Schism, Benefits of, 123* School children, Underfed, 738 Scientists, Hasty, 931 Scottish church controversy, 898 "Sea-habit" dying out? Is our, 7* Sensation last? How long does a, 779 Sense, Still another, 820 Shakespeare impeached by Shaw, 739, Shaw, Bernard, Attempts to "place," 140* Sky-scraper, Stability of the, 118* Smoke-cooling pipe, A, 933, Smollett, Tobias, a neglected humorist, 80* Snapshots by lamplight, 895 Socialism, A trend toward, 808 Society versus art, 112* Soil, Disappearance of the, 743 Spain, Prosperity of, 92* Speed, Higher railroad, 933, Spencer's philosophy, Fatal gap in, 824 Spider-silk from Madagascar, 745 Spiritualism and electricity, 174* Stevenson's background of gloom, 700 Stories? short, Is there no standard for, 45* Storm movement, Foretelling, 145* Strike, in Chicago raises problems, 692 Teamsters' side of, 732 Strikers, Chicago, Roosevelt to, 731 Taft's Presidential prospects, SII Talking-machines, Some ancient, 855 Tea, Substitutes for, 934 Tears as a test of literature, 813 Telegraphy, space, International aspects of, 178* Ten hour law, Labor press on, 654 Theological students, Coddling of, 709 A godless, 151* Radical, combated in Germany, 898 Trade, Doubts about our foreign, 134* Transvaal constitution, The new, 752 Turkey, Origin of the, S19 Turner, most whimsical of painters, 854 Typewriter, A new shorthand, 119* Unemployed in England, The, 864 United States, European pressure on the, 754 Vegetable combat, A, 782 Venezuela, Diplomatic shake-up in, 694 Wallace, Chief-Engineer, Why he resigned, 36* Warm weather, Virtuous influence of, 16* Washington, chosen for peace ccnference, 919 Water-supply, Prehistoric, 818 Wealth-getting, Drama of, 813, Weather-proof stone and metal. To, 146* Weaver's defiance, Mayor, 805 Whistler and Watts contrasted, 44* William II., France, and England, 825 Predicted failure of policy of, 57* Wisconsin's rate legislation, Sog Woman in modern Italian fiction, 112* World's loftiest points, 13* Dr. Lapponi Physician to the Late Pope Leo XIII., and Now Physician in Ordinary to Pope Pius X., Finds BUFFALO LITHIA WATER Of "Marvelous Efficacy in Gout, Rheumatism, Gastrointestinal Dyspepsia, and in all the Various Forms of Uric Acid Diathesis." Following is an Exact Translation of Dr. Lapponi's Testimonial as ROME, August 24, 1903.—In the Hospital of San Giovanni Calibrita (del Fatebene Fratelli) in Rome, directed by myself, I have largely experimented with the natural mineral water placed in com merce under the name of BUFFALO LITHIA WATER and am glad to be able to attest that, by its richness of composition of lithia, it is of marvelous efficacy in cases of Gout, of Chronic, Articular, and Muscular Rheumatism, of Hepatic Congestions and Functional Disorders, of Gastro-intestinal Dyspepsia, of Gravel and RenalInsufficiency, of light Nephritic Affections and of all the various forms of Uric Acid Diathesis. The same water is also to be recommended highly in the initial processes of Arterio-sclerosis and in obstinate forms of Bronchial Asthma. May also be used as a good table water. So much I declare for the truth. (Signed) PROF. GIUSEPPE Lapponi. Principal Physician of the Hospital of San Giovanni Calibrita (del Fatebene Fratelli) in Rome, Member of the Academy of Medicine of Rome, etc., etc. is for sale by Grocers and Druggists, gener BUFFALO LITHIA WATER ally. Testimonials which defy all imputation or question sent to any address. In his concise, graceful style the gifted HAY FEVER AND ASTHMA author tells the complete story of the Irish Climates wear out. Smokes, Sprays and "Specifics" can only relieve symptoms, whereas our constitntional treatment removes all Causes of Hay Fever and Asthma from the blood and nervous system. Pollen, heat, dust, exertion, smoke or odors cannot bring back attacks. Our patients soon enjoy life without the slightest return of symptoms. Appetite improved, blood enriched, nerves strengthened, general health restored. Estb. 1883. 60,000 patients. Book 25A Free, explaining our method, with reports of many interesting cases. Address P. HAROLD HAYES, Buffalo, N. Y. people from the earliest traditions of their origin to the present day. It is a story throbbing with human passions, yet always preserving a fair and unprejudiced attitude toward all conflicting forces. The Cleveland Leader.-"His story is as fascinating as a novel; it has the sweep of history and the actuality of good newspaper work. And this is done a graphic illuminated history of Ireland is given-in less than 200 pages." 16mo, cloth. $1.00 postpaid FUNK & WAGNALLS COMPANY, Pubs., NEW YORK CASH FOR BACK NUMBERS OF THE For copies of THE LITERARY DIGEST-whole numbers 768, 769, 770, 773 and 783, and semi-annual Indexes for Vols. 16, 18 and 20-we will pay ten cents per copy upon return to us in good condition. Funk & Wagnalls Company, 44-60 East 23d Street, New York. "Some lives are like⚫ Horseshoes the more worn the brighter" Busy wives who use SAPOLIO never seem to grow old. Trva cake... COPYRIGHT Readers of THE LITERARY DIGEST are asked to mention the publication when writing to advertisers, 1 VOL. XXXI., No. 8 NEW YORK, AUGUST 19, 1905 WHOLE NUMber, 800 TERMS OF SUBSCRIPTION. PRICE.-Per year, in advance, $3.00; four months, on trial, $1.00; single copies 10 cents. Foreign postage, $1.50 per year. RECEIPT and credit of payment is shown in about two weeks by the date on the address label, which includes the month named. POST-OFFICE ADDRESS —Instructions concerning renewal, discontinuance, or change of address should be sent two weeks prior to the date they are to go into effect. The exact post-office address to which we are directing paper at time of writing must always be given. DISCONTINUANCES.-We find that a large majority of our subscribers prefer not to have their subscriptions interrupted and their files broken in case they fail to remit before expiration. It is therefore assumed, unless notification to discontinue is received, that the subscriber wishes no interruption in his series. Notification to discontinue at expiration can be sent in at any time during the year. PRESENTATION COPIES.-Many persons subscribe for friends, intending that the paper shall stop at the end of the year. If instructions are given to this effect, they will receive attention at the proper time. THE TOPICS OF THE DAY. PEACE OUTLOOK AT PORTSMOUTH. `HE crisis in the Portsmouth peace conference was supposed to have been reached August 12, when the Japanese envoys, instead of replying categorically to the Russian answer to the Japanese terms, requested that these terms be taken up and discussed seriatim. Most of the American newspapers immediately assumed a more hopeful tone; for this act was interpreted as meaning that the Japanese, as their spokesman, Mr. Sato, declares, did not come here" to dictate terms, but to reach an agreement,” and that consequently if the Russians would strive to go part way, a compromise could be made not unduly humiliating to the Czar and his people. A mantle of secrecy, at the request of the Japanese, but much against the wishes of the Russian envoys, was thrown around the proceedings of the conference at the start. But at the close of last week's sessions Mr. Witte was reported to have issued the following statements to the newspaper men at Porstmouth: "I ask of you gentlemen to deny in the most formal, categorical, and decided way that from me or any other [on the] Russian side has there ever been expressed a wish for an armistice, and I say so because an American publication has stated that I almost threw myself at the feet of Baron Komura in asking for it." The Japanese did not give us an answer, but declared that they were prepared to discuss the terms they had proposed, point by point. There are twelve propositions, and, in my estimation, each will require two days' discussion. As the first point was not half finished to-day, it will doubtless take twenty-four days to consider all the points, or, in other words, twenty-four days longer. Our aim is either peace or war, and we will make every effort to arrive at the first-named result, so that the shedding of blood of another one hundred thousand men may be avoided, especially as this conflict does not affect only Russia and Japan, for I am convinced that should this war continue other nations will be involved." Eleven of these twelve propositions which Mr. Witte says the Japanese submitted are surmised by New York newspapers to be as follows: Cession of the Russian-Chinese Railway from Port Arthur to Harbin. Transfer of authority over Port Arthur and the Liaotung Peninsula. Cession of Saghalien Island. Grant of fishing privileges at the mouth of the Amur. The evacuation of Manchuria. The granting of commercial privileges at Vladivostok. Limitation of Russia's naval strength in the Far East. Return to China of Russian mining privileges in Manchuria. These same papers go so far as to predict that Russia will not refuse to pay an indemnity, and that she would not balk even at $1,000,000,000, if the Japanese recognize the validity of certain credits to reduce the net debit, such as the value of the Manchurian railway, the expensive fortifications and public buildings at Port Arthur and Dalny, and naval vessels captured and interned. The points at which Russia is expected to show the greatest hesitation and resistance are the cession of territory and the surrender of all her claims as a power of influence in the Far East. The prospects of peace, however, were not bright enough, at the close of last week at least, to remove all doubts and put a quietus on gloomy speculation as to the consequences, if the conference should dissolve without doing anything. A very readable discussion of the possibilities involved in such an event is contained in an article written by Mr. James Creelman for the New York World, of August 13. This article purports to be an analysis of the situation by a naval expert who seems to think that both Russia and Japan ought to acknowledge the futility of carrying on the war any longer. The article starts off by recounting some of the results of the war and says: "It is just 551 days since the conflict began with the Japanese naval attack at Port Arthur. The direct cost to each nation, according to official estimates, has been about $1,000,000 a day. Mr. Sato, the spokesman of the Japanese peace envoys, has admitted that the war has cost his country $1,000,000 a day. The budget statement presented by the Russian Minister of Finance on January 13 proves that Russia has also spent $1,000,000 a day on the That would make the whole cost of the war up to date— 551 days-something like $1,102,000,000. The annual interest on this vast sum at 5 per cent. is $55,100,000. According to the most reliable figures obtainable Russia has now 621,000 soldiers in the Far East, while Japan's forces in the field aggregate 600,000 men. The two contending armies, numbering 1,221,000 men, are eating up money at an average rate of $2,000,000 a day, $60,000,000 a month, or $730,000,000 a year." war. 'The article then goes on and shows that, having lost the bulk of her navy, Russia can not attack Japan or seriously interfere with her commerce. On the other hand, Oyama's victorious army is more than 6,000 miles away from Russia proper. But if Russia could send a large fleet from the Baltic Sea to the coast of Japan, what is to prevent Japan from sending a fleet to attack Russia in the Baltic Sea and the Gulf of Finland? The appearance of a Japanese fleet in the Baltic Sea would instantly paralyze the whole sea-borne commerce of northern Russia. A Japanese squadron in the Mediterranean would also cut off the sea trade of southern Russia. "It is certain that in a month, or even a week, Togo could destroy or capture hundreds of millions of dollars' worth of Russian property along the Baltic Sea," and "it is even possible that Admiral Togo and his recklessly brave officers might be able |