THE FORUM

JANUARY-MARCH, 1908

NEW YORK:

THE FORUM PUBLISHING COMPANY

CONTENTS

PAGE

FINANCE

THE FINANCIAL PANIC IN THE UNITED STATES

The Knickerbocker Failure-The Trust Companies-The Beginning

of the Run-Treasury Relief-Clearing House Certificates-Money

Hoarding The Currency Premium-The Interior Banks-Emer-

gency Currency-The Stock Exchange Panic-New York Bank Re-

serves—Blockade in Foreign Exchange-The Premium on Gold

Imports-The Treasury Note and Bond Issue-The Sequel.

By Alexander D. Noyes 293

AMERICAN POLITICS

THE NEW CONGRESS AND THE PRESIDENCY

The Programme of Congress-The Tariff and the Trusts-The Panic

and Politics-Roosevelt Will not be Nominated-Governor Hughes

-The Rise of Cortelyou-A Convention of Real Interest-An Un-

paralleled Career-The Platform-Tariff the Dominant Issue—

United Democracy-Mr. Chanler-Conventions Without Mobs-The

Presidential Term.
By Henry Litchfield West 314

FOREIGN AFFAIRS

A BEGINNING OF BETTER RELATIONS IN EUROPE

What does the Emperor Want?-The Emperor Pipes of Peace-Is the

Kaiser a Well Man?-Hohenzollern Blood Boils-Bismarck is Re-

venged-Russia and England Agree Czar Bluebeard and his Wives

-The Weakness of the Commonplace-Fooling the People-Fate and

the Liberal Leader-China Becomes Nervous-China is Awakening-

China to Have a Constitution-Portugal in Turmoil.

By A. Maurice Low 332

FINE ARTS

CONCERNING OUR IGNORANCE OF AMERICAN ART

!

Fashionable Foreign Artists-No Official Galleries of Modern Art-
Pictorial Adornment of American Homes-Patron and Painter too
Often Strangers-Why Collectors Neglect the American Artist-
The Foreign Portrait Painter-The Best Artists Perpetuate Their
Own Land.
By Arthur Hoeber 352

THE DRAMA

DRAMATISTS OF THE CURRENT SEASON

The Public and the Dramatist-Mr. Augustus Thomas-M. Henri
Bernstein-Mr. Henry Arthur Jones-Mr. George Ade-Miss Rachel
Crothers-Mr. David Belasco-Mr. William C. DeMille-Mr. Austin
Strong.
By Clayton Hamilton 362