The Harris-Ingram Experiment

h Searles came; then entered Colonel Harris and his daughters, Alfonso following with his mother. Mrs. Harris wore a black satin dress with jet trimmings and Van Dyke lace. Lucille's dress of light b

and art. He sat at Colonel Harris's right, opposite Mrs. Harris. Leo and Lucille occupi

tables of the model dining-room. Electric lights shone soft in the ceiling,

ad drifted from one conventional topic to another, until Mrs. Harr

d Gertrude, "please tell us

, and does she ride a b

surprisingly liberal for an Englishman, and well he might be, for his own mother was a power, and his sisters were strong mental forces in Lincolnshire. Aided by tutor

anything they wished to do in the world, provided they could do it a

as. He had advocated for his daughters that they should possess healt

best conserve and enlarge woman's graces, her delicat

lared that Lucille had expres

"Come, Gertrude, tel

r, I like what Mr. Searles has told us. I think higher education for women shoul

aid Colonel Harris. "Now,

training of mind that men of her acquaintance enjoyed. The subject was thus discussed with profit, till the Turkish coffee was served. Closing the discussion, Searles thought that America led England in offering better education to woman, but that England had given her more freedom in politics; the English woma

society. He thought man had nothing to fear or lose, but much to gain; that to multiply woman's colleges everywhere, was to furnish the twentieth c

withdrew to the Winter Garden Café, pretty with palms, where Luci

ed outside into the gentlemen's café for a smoke, as both were fond of a

ecognize the universal and fundamental principle of the brotherhood of mankind, and the inborn right of everybody to trade as he liked i

Then looking the Englishman full in the face he said, "Mr. Searles, you will find human nature much the same wherever you travel. Nations usually strive to legislate, each for its own interest. You say, 'Ameri

ments?" as

dral, was laid by a duty of a shilling a ton on all coal coming into London. A shilling a ton profit on coal, mined in America,

e with you," s

By this time several patrons of the hotel stood ab

roof then," re

ght to trade in the world's cheapest markets, unless the necessary and just laws of his own country, or the country he dwells in, permits it. Now as to the much abused 'brotherhood argument' let me assert

he was interested in Harris's nov

nd replenish the earth, and subdue it.' England, with her centuries of rising civilization, her charm of landscape, and her command of

e of promise in distant lands. Hence, a rapidly increasing and dense population obtains in all the British Isles, and labor becomes abundant and cheap, and often a drug in the market. The repeal of t

chinery for the manufacture of iron, cotton, woolen and other

th the world. The third requisite, cheap and abundant raw material, she also secured. Material, not furnished from her own mines

aleigh's wise policy: 'Whosoever commands the sea, commands the trade, whosoever comm

iches.' Under divine inspiration, therefore, English capital seeks investment everywhere, and with cheap capital, cheap labor, and cheap raw materials, she finds herself able to compete successfully

e of free trade for the world at large must be sugar-coated, to be acceptable. Therefore your philanthropic and alert Richard Cobden, and John Bright, and your skilled writers, both talked and wrote much about the 'br

l, cheap labor, and cheap raw materials, she too may vociferously advocate free trade,

ection and free trade are equally self

ight," shouted severa

r antagonize Colonel Harris with whom he hoped in the morning to drive a good bargain, and it may be

and talk over business. Searles rose with the sun, and after eggs, bacon, and tea, he walked to the B

ned Searles's letter of introduction from Messrs. Guerney & Barring. At nine o'clock promptly, Mr. Searles came and Colonel Harris exhibited to him

our statement a proper allowance for depreciation of values in buildings and machinery, also for all losses and cost of insurance, and that after

plied the

ain by protection, this statement of the Harrisville Iron & Steel Co. does. A year ago, some Americans in London called our attention to your

t was their wish that I should secure for them your most favorable terms with an option of purchase of your plant, the same to hold good for two months, or for a sufficient l

er, of late, I have been inclined to indulge my family in a little foreign travel, and myself in more leisure for books, and possibly for politics, believ

the price and

capital stock of the company is

tal Stock

ue of s

alue per

pany is worth at least $6,000,000, and my "fi

ay $500,000 or an average annual dividend of 25% on its stock of $2,000,000, the plant re-organized could easily be marketed at a neat advance, say for ￡1,400,000 or $7,000,000, in London, where even sound 3% investme

, how would the follo

th cash

th 30 da

h 60 days

h 90 days

h, Prefer

s guarantee

___

ce named

option of purchase on the property with payments as named, the purchase to be conditioned upon a verification of the correctness of your sta

ain further your 'London

o read-'The Harrisville Iron & Steel Co., Limited, of Londo

of shares

of shar

be signed by Messrs. Guerney & Barring, the first payment made, and the contract underwritten or guaranteed by the Guardian, Executor & Trust Association, Limi

ne-fourth payment in prefe

preference shares ￡400,000 or $2,000,000; with dividends 6% guaranteed, and a preference in distribution of property, if company is dissolved. Ordinary shares ￡1,200,000 or $

ard of directors, with general office in London. For a time they will

es. On Tuesday morning, contracts in duplicates were presented for Colonel Harris's inspection. After twice carefully reading the contract, he gave his approval and wrote Mr. Searles a letter of introduc

go to Harrisville in Colonel Harris's private car. Later Mr. Searles and Colonel Harris were to meet in London, and then, if everything was mutually s

s asked the blessing. Its merit was its brevity: sometimes he only said-"Dear Lord, make us grateful and good to-day. Amen." Thirty minutes later, summer and winter, his horses and carriage stood at his door, and punctually at fifteen m

nso and Leo hurried off to get their baggage to the "Majestic," while Jean busied himself in seeing t

rrived, and he found everything in readiness. It was 10:30 o'clock when the Waldorf bill was paid, and the good-

and society friends met them on the dock. Many fashionable people had already arrived to say "Bon Voyage" to the Harrises and to Leo. H

ailors of the "Majestic." They were ca

ll to Colonel Harris. As the colonel went up the gangway, the bell rang and the cries "All aboard" were given. For once, Colonel Harris

tepped into the steamer's dining-saloon, Mr. Searles, who had hastily followed, to

It was from Wilson, his man

lle, Jun

Reuben

ajestic,

uck this morning for high

Wil

There was only a moment to decide, but Harris proved equal to the situation. He stepped to the purser, surrendered his passag

stood Colonel Harris, Gertrude, and Mr. Searles, all three waving their whit

d schemes o'

aft a

nought but gr

romis

ts, especially Colonel Harris and Gertrude so suddenly disappointed. It