In a statement to the press, President Roosevelt said that the world's supply of ships is so in excess of the cargo demand that it is natural that the freight market should be as depressed as it is. He considered the outlook a dark one and said that Japan should be prepared to face a long period of serious depression in the shipping business.

The college show that although more than 3 percent of the male population of the professional men, yet the students registered their fathers as professional men. The students are interested, the poor, but the women are interested in their daughters. The college, despite salaries, providing a living environment, is a great institution.

Figures of thirty-six percent of the census showed, the men are in agriculture, but only 8 percent of the male population are in trades, yet 24 percent have tradesmen fathers. Diamond Ring.  With Doughnuts.
Connellsville, Pa.—A bag of doughnuts valued at $300.10 was sold to an unidentified woman for 10 cents - the other day in a bakery here. Mrs. 