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New-York tribune. (New York [N.Y.]) 1866-1924, August 03, 1902, Image 4

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. H
CAPTAIN THOMPSON OUT.
f
COMMANDER OF JOSEPH FrNERAI.
! ESCORT RETIRES ON HIS PENSION.
! The retirement of Police Captain William
rrhompson. of the Madison-st. station, was^an
bounced yesterday. Thompson had charge of the
•police escort for the funeral of Chief Rabbi
Sasnpn on Wednesday, and he was at the scene
pt the riot in Grand-st. He went to see Commls
ifeioner Partridge yesterday, and said: Com
•nlKlener. I am sixty-two years old. and have
Sbeen thirty-seven years in harness. I want to
fttetire on the pension allowed me by law.
I "There were no charges against Captain
{Thompson." Commissioner Partridge said in an
iiouncing that he had retired the captain. At
'Beast there was nothing tangible. It was a case
©f bad Judgment at the worst. He looked all
•worn out, and I agreed with him that it was
time for him to quit."
Thompson was appointed a policeman in l&oo.
euid was made a captain In ISSS. He is a s on-ln
law of ex-Coroner Fitzpatrick. and has been re
garded as a Tammany captain, but not of
fensive as a partisan. He has served in many
precincts without distinguishing himself or get
ting into trouble. It is expected that Commls
eioner Partridge will appoint a successor to
Thompson early this week, and Sergeant John
"VT. Cottrell, in command of the Jefferson Mar
iket Court Squad, who is next on the eligible list,
£*-as spoken of yesterday as the probable choice
Itof the Commissioner. Sergeant John Mc-
SSweeney. who was active in suppressing the
JTiot, and was accused by some of the Hebrews
tot too much violence, was placed in command of
lithe Madison-st. station as acting captain yes-
Bterday.
! Commissioner Partridge said yesterday that
JBO charges apainst Inspector Cross had been
preferred by the Hebrews who demanded an in
vestigation of the police action in Grand-st. He
fcnew of no intention to make such charges, he
«aid His transfer of Cross, he said, was in
tended for tbe pood of the service, but was not
»n account of the riot. The Commissioner was
%sked if any of the detective sergeants who
Sad been reduced to the rank of patrolmen had
.complained of bad treatment because they had
EmpUined $1,000 to for their promotion
id from $I.ouo to for their promotion
iast year, and he replied:
i "I don't know anything about that. Those
•things have not come to me, because I did not
feet the money."
; Some of the reduced detective sergeants were
■angry and sullen when they went to Headquar
ters yesterday and exchanged their gilt shields
Ifor plain patrolmen's shields, and there was talk
♦that some of them would make revelations as
jto sums of money paid for the "goldboys. if
Mhey were not repaid. One reduced "sleuth
wept audibly as h" was leaving the building,
iend when a friend asked him what was the
knatter he held up the tin shield he had received
in exchange for th? "goldboy."
I "Well, what are you hollering about? asked
&ils friend "You didn't get that shield for
(yiething when you first received it, but you
fere getting It for nothing now."
i This <-sophical view of the situation did
giot seem to comfort the weeping "cop" much.
| POOL ANGRY AT A POLICEMAN.
fajFNOUNCEP HIS ARREST OF A WOMAN AND
WILL. REPORT HIM TO PARTRIDGE.
I Magistrate Pool was Mirre<i to Indignation in
hhe Torkville court yesterday morning when he
listened to the story cf Mr.=. Annie Cooper, of No.
E4S East Twenty-fifth-sL. who was arrested on an
lodlous charge by Policeman Joseph A. Murray on
Friday evening. Mr?. Cooper said she had spent
part of the evening with her sister. Mrs. Monahan.
■t her home, in First-aye.. and was on the way
back to her own home, when Murray accosted her
arid ir.ade an Insulting remark. Murray was in
plain clothes, and she r?i<l not know he was a
policeman, she said, and she told him to go about
bis business or she would have him arrested. At
that he began calling her vile names. Then he
telapped her face, knocked her down, caught hold
of her hair and dragged her along the sidewalk.
Three men ran up and remonstrated, and one of
them, named Richard Seery. called a policeman.
Murray then announced that he was a policeman
and said he had arrested her. Ab he belonged at
the station in One-bundred-and-fourth-st., and was
in a strange precinct, he bad to ask the other po
llceman the way to the police station in East
T "w£" wSfyo'u in that precinct?" Magistrate
BPnol ««ked looking sharply at Murray.
r~ had a night oft.- replied the policeman, sheep
lE -Aid you were polng around playing the part of
a plain clothes man-doing a little of that scalla
•wag detective work. w«_re 2y«utr.~ replied Mur
"l thought I was doing my duty, replied Mur
fe SSfttklier* you. You should have been mlnd-
Bn Murr"v°s:;-.i John Curran. a man In the
ieoumoom. had told him Mr*. Cooper .was ,* street
[walker Cnrtmn promptly declared he never naa
K'^e^-^airSstrate Pool, -that this ar
bss?as sail's?
Bel unttQ tcTmorrow. in order that &eery may be
s*l unm to-morrow. In order that Seery may be
brought into court and tell what betoOWJ
jpolicrman about a year. His dismissal from the
Borce at an early day was predicted.
anDEAWAKE YOUNG SLEUTHS, THESE.
: Patrolmen Clarke and McCloud, recent graduates
ifr^tn the school of Instruction in Mulberry-st., saw
ml man go into the dark alley behind the saloon at
&a 110 Rivington-st. late on Friday night, after
(looking up and down the street, as if to make sure
that no policeman was in sight. They stole up to
the place, crept cautiously into the alley, believing
that they were about to bag a. burglar, and found
ten BoemSsttftßSl about a table in the yard. Four of
the men were playing cards and the rest were
watchin? the game. There were several mugs or
Gambling." whisperefl one of the "cops." and
-they made a rush to capture the gamblers.
The ten men were arrested. They wero ar
•-■alcaVa in the Essex Market court yesterday morn
l?nß The young policemen explained their part In
♦the "Tf. i<*."' with evident satisfaction.
■■' The <-aj-tured ten said there was no gambling but
»nlv an innocent jram«" of pinochle, and they were
«ittir.g In the yard because it was warm in the
•■Discharged," said the magistrate.
KODDARD MPCLAIUS ELABORATE WEWU.
fHZ EATS THAT ONLT MILK AXT> ICE CREAM WERE
FURNISHED TO XXTH DISTRICT EX-
Ct'ESIOX PARTT.
Captain F. Norton Goddard yesterday put In a dls
|tlaiin*T that 2,500 gallon* of clam chowder, 600 gal
6ons of soft drinks, 2,000 loaves of bread, fifteen bar
3-els of crackers and cake and 2,500 pounds of roast
end corned beef had been supplied to the members
*f the excursion party In the annual outing given to
fth* vomra and children of the XXth Assembly Dis
trict on Thursday. He said that the only provisions
jeupr'i'-a were milk and ice cream, with plenty of
ice to rrake ice water. The milk was taken along
>«s a necessity, a? the children could not po with
ieut it. Ice cream was served as a courtesy. As
[to thp object of th* annual outing. Captain God
■!ard said:
Th« excursion is given in the name of the Civic
Club, and it is a non-partisan organization, a,nd. In
; *ect. I believe the majority of the members of It
■re Democrats, but. anyhow, that cuts no figure—
*• Is a civic and social organization, and absolutely
non-partisan, and the object of the excursion is to
ihelp alon? the civic objects of the Civic Club by
"making them known to the people of the district.
i3t also serves to crtate a friendly feeling of good
.•will on the part of the residents of the district
{toward the club, and thus facilitates th» work or
kibe club.
. CORONATION XICET IN FIREWORKS.
Jis brilliant a week of fireworks as ha* been
[ given this season will mark the present week ii.
•the amphitheatre at Manhattan Beach. Beginning
j to-morrow will be the second of the children's
jalghU, followed on Tuesday with a great naval
(display for "navy night." and on Thursday with
i "Jersey night." The week will be brought to a
close with "coronation night on next Saturday
•wh(T. a. truly characteristic dlßplay, similar In
■ many respects to that which was planned for th«
'coronation of Klaf Edward, will be given. Borne
[ttriklng set pieces have been prepared for "corona
.tion nigbf at Manhattan.
TO CLOSE MILLS IN CONNECTICUT.
'■ New-Hartford, Conn.. Aug. 2. — Walter M. Smith,
itreasurer and genera! manager of the Greenwood
division of the Mount Vernon-Wcodherry Cotton
I>ucK Company, has received notification from the
"company's head offices at Baltimore that the Green
wood mills, which «mploy about seven hundred
hands, will chut down on September 1 for an In
definite period. The employes have been Informed
:?*.•£ a**fca ihe reaaoa for ciosin* the mills Mx
lEiaith taJa: "I presume that the company £u>
Unannraeture more cheaply, in the Boutli»*/_. j!
C. O'D. ISELIX DECLINES OFFICE.
MAYOR CLARKE CF NETV-ROCH^LLE OF
FERED HIM THE OFFICE OF SEWER
COMMISSIONER.
Columbus O'Donnell Iselin, who has Just made
a voluntary examination of the. affairs of New-
Rochelle at a cost of about $20,000, resulting in
the indictment of several of the former city of
ficers, is one of the few men of that city who
have refused public office. -Mayor Clarke last
week offered to appoint Mr. Iselin to succeed
George C. Roth, a Democratic Sewer Commis
sioner; who was removed on charges growing
out of the investigation, but he declined to ta*e
the office. Mr. Iselin said that he appreciated
the offer, but would not have. the time to devote
to the duties, and, therefore, would not under
take them. _.
Dr Horace J. Parker, a New-York dentist,
who lives In Rochelle Park, has since been ap
pointed to the place.
THE DROWNING OF MR. ATKINSON.
SKETCH CF THE RECTOR OF THE CHURCH
OF THE EPIPHANY. WHO LOST
HIS LTFE AT PLYMOUTH.
The Rev Edward L. Atkinson, rector of the
Church of the Epiphany, the news of whose drown
ing in Boot Pond, near Plymouth. Mass.. so
shocked his parishioners yesterday, had started
oi.ly on last Monday on his two months' vacation.
He went first to Manchester. Mass.. to visit the
Rev. W. L- Hoops. At Plymouth he was the guest
of Allen G. Rice, of Boston, whom he had known
Intimately during his former pastorate at the
Church of the Ascension In Boston. Later he in
tended *oing to the Catskills. For his absence he
had arranged with the Rev. William Morris Gil
bert, of Tonkers. to take the services at his New-
York church, and what was probably one of his
last letters, containing the numbers of the hymns
to be sung this morning at the Church of the
Epiphany, was received by James V . Irwin, the
sexton, yesterday.
Tall s'liK'nt and fair haired, and having an espe
cially cheerful disposition. Mr. Atkinson was popu
lar to a marked degree. The Church of the Epipn
anv was his third parish, his two previous charges
having been at Springfield. Mass.. and at Boston.
He was meeting with nnrked success in his work.
H.> became rector of the Church of the Epiphany
■ ast November.
Mr Atkinson was thirty-seven years old. He was
a twin brother of Frederick Atkinson, Superinten
dent of Public Instruction In the Philippines. An
other brother is now at Plymouth, Mass*. Mr. At
kinson lived In bachelor apartments at No. 2 West
Thirty-eighth -st. He was a member of the class
of '90 ' at Harvard, and of th<» Harvard Club of this
city. He was unmarried.
FIGHT IN THE 7 1ST REGIMENT.
SERGEANT M CAHILL DISHONORABLY DIS
CHARGED FOR DISRESPECT— METMBERS
ASK TRANSFERS TO OTHER
REGIMENTS.
Sergeant P. B. McCahil!. of Company I. of the 71st
Regiment, well known in athletic circles, and a
Spanish-American War veteran, undertook to run a
company in defiance of his captain a few days ago.
He stood on what he thouerht were his clvli rights,
and has got the worst of it, Colonel William G.
Bates, the commander of the "Ist Regiment, having
Just dishonorably discharged him for alleged disre
spect to a superior officer.
The trouble began at a recent meeting of the com
pany, where an attempt was made to remit the
debts of a number of members contracted for dues.
Captain Chatneld declared such a procedure out of
order and improper. Then Sergeant McCahlll arose
and told the members of the company it was en
tirely within their rights to decide the question of
dues as they pleased.
Speeches by captain and sergeant were followed
by considerable commotion, and every one started
to epeak at once. Captain Chatfleld rapped for
order, and declared that he would not tolerate any
more discussion, and that he would prefer charges
against any man prolonging it. He then declared
the meeting adjourned and left the armory-
Sergeant McCahlll then rallied his supporters, and
held another meeting, at which he presided. He
told the men all about their civil rights, and that
they muet stand up for them. "I intend to fight
this matter to a finish." he is reported to have
said, "and I will win the battle for you if you
support me." This wa« promised, and his
supporters left the army feeling much elated.
There are many snares in military laws, however,
and the unruly members at the time did not sup
pose that in acting as they had they had shown
"disrespect to superior officers" and had acted
"contrary to good order and military discipline."
These two well known military offences cover a
multitude of acts, and as soon as Colonel Bates,
who is a strict disciplinarian, was Informed of the
occurrence, he Investigated it, and at once ordered
the principals in the trouble beiore him. The re
sult Is that he has Just made out » dishonorable
discharge for Sergeant MeCahlll, and several other
men are also booked for this disgrace. Some of the
men have already repented of their action, and
have promised to make amends In the future. Som«
half dozen men, however, have d^r-lded to request
a transfer to another regiment, but it is doubtful
If they will succeed in getting another company
commandant to take them In under the circum
stances, it is said.
LOW RATES TO CALIFORNIA.
A considerable reduction In second class colonist
rates to California points will be made dally by
the Atchison, Topeka and Banta Fe Railway sys
tem during September and October, when the rate
from Chicago, regularly $52 60, will be $33, and the
rate from the Missouri River will be 125. The
normal rate from Kansas City Is $40. These reduc
tions are the name as those which were In effect
during March and April.
ARMY ORDERS.
Washington, Aug. 2.— The following army orders
have been issued:
The following assignments to regiments of first
lieutenants recently promoted are announced:
ERNEST H. AGNEW, to «th Infantry. Company B.
ROBERT O.RAGSDAL.E, to 8d Infantry. Company D.
ALBERT J. BRIGHT, to 2d Infantry. Company C.
GRANVILLE L, CHAPMAN, to 10th Infantry. Comr»nr
A.
AUSTIN A. PARKER, to Bth Infantry. Company H.
WILLIAM E. MOCLD. to 18th Infantry. Company A.
KHEES JACKSON, to 12th Infantry. Company B.
CHARLES ii. GORDON. Jr., to ISth Infantry. Company
C
F. VAN S, CHAMBERLAIN, to 2d Infantry. Cotnpar.y B.
WILLIAM X, HUGHES. Jr., to 13th Infnatry. Com
pany A.
i G. BONNAFFON. 3d. to 4th Infantry. Company G.
ROBERT C. HUMBER, to 10th Infantry. Company E.
HUNTER KINZE, to 20th Infantry, Company B.
JOSEFH C. BRADY, to 4th Infantry. Company A.
WILLIAM K. ARMSTRONG, to 23d Infantry. Company B.
ROBERT 8. CLARK, to Bth Infantry. Company C.
JOHN N. S. PAGE. Jr.. to Bth Infantry. Company C.
PARKER HITT, to 22d Infantry. Company L.
PAUL W. tiRECK, to 6th Infantry. Company B.
JOHN W. NORWOOD, to 23<3 Infantry, Company M.
ROBERT L REES. to 3d Infantry. Company M.
EDWARD C BOLTON. to 17th Infantry. Compstny G.
JESSE M. CULLISON. to 2a Infantry. Company H.
WILLIAM E. BONNETT. Jr., to 18th Infantry. Com
pany I.
WILLIAM H. NOBLE, to 2Sd Infar.tr>-. Company M.
SIDNEY S. BURBA to 6th Infantry. Company L.
ALBERT C. OSBORN. to 29th Infantry, Company E.
ANDREW C. WRIGHT, to 12th Infantry. Company H.
WILBUR A. M'DANIEL. to 16th Infantry. Company B.
EVERT R. WILSON, to 11th Infantry. Company L,
FRANK W. BALL, to 25th Infantry. Company A,
H. A. WIEGENETEIN. to 26th Infantry. Company D.
HAYWOOD ROBBINS. to 15th Infantry, Company I
CLENARD M'LAUGHLIN. to 21st Infantry.
EDWARD B. MITCHELL, to 24th Infantry. Company D.
JAMES H. COMO. to 23th Infantry. Company M.
HAROLD COBURN. to Bth Infantry. Company K.
ALLEN J. GREER. to 4th Infantry, Company K.
ROBERT WHITFIELD. to Bth Infantry. Company L.
LOUIS ML. HAMILTON, to the 14th Infantry, Com
pany I.
EDWIN E. CARROLL, l«t Infantry. Company B.
ARTHUR W. BROWN, to 27th Infantry. Company P.
ABRAHAM U. LOEB. to 14th Infantry. Company L.
CHARLES J. NELSON, to 24th Infantry. Company H.
WILLIAM B. BAKER, to tt.tt l&th Infantry, Company D.
CONSTANT CORDIER. to Bth Infantry. Company I.
FRANK A. AWL. to 6th Infantry. Company M.
JAMES M. LOUD, to 7th Infantry. Company I.
EDMUND S. SATER. Jr.. to 21st Infantry. Company B.
3. DE CAMPBELL, to 26th Infantry. Company L.
R. G. RUTHERFORD. Jr.. to 34th Infantry.
DAVIS C. ANDERSON, to 6th Infantry. Company K.
ROBERT D. CARTER, to 16Ui Infantry, Company B.
DOUGLASS POTTS, to 16th lnfanu-y. Company M.
CHARLES H WHIPPLE. Jr.. to 4th Infantry. Com
pany H. J :S : : .
Major HARRY F. HODGES, corps of engineers, on the
completion of hl« present dut.ea ■will report in person
to the chief of engineer* for duty m hie office.
THERE IS NOTHING * EW UNDER THE PUN.
SOME ONE HAS SAID
Tfcia party abouM conrjlt the "Little Adi. ct the"
Peojie.". £«netilct a»w t- htr * every Sunday. „ _
STEW- YORK DXILY TREBTJNK SITNxTXr. XtTGTTST T902,
CENTRAL'S TRAFFIC PLAN.
SUBURBAN CLEARING HOUSE PROJECT
GENERALLY COMMENDED.
The announcement by Mayor Low of the
j willingness and the purpose of the New-York
; Central to relieve the congestion at the Grand
| Central Station and in the Park-aye. tunnel
: by delivering Its suburban traffic at a new sta
tion, to be constructed at some convenient point
in The Bronx — a plan presumably acquiesced in
; by the New-Haven road also — has been greeted
; with universal satisfaction by the people of
: this city and of the northward suburbs. ' Leav
: ing out of consideration the noisomeness of the
; tunnel under the present conditions of steam
: transit — conditions which, however, are to be
i rectified by the substitution of electric for steam
i locomotives for the hauling of through trains
i within the city limits— it" is a well established
! fact that the tunnel tracks are already used to
| the maximum of traffic capacity, so that ex
| pansion of the terminal area near Forty-second
; st. would not enable any more traffic to be
handled than at present at that point— unless,
as has been suggested, the improvements to
! which the Central has pledged itself should take
the form of construction of another four track
tunnel under the present one from north of the
Harlem to Forty-second-st.. with a resulting
reconstruction of the Grand Central Station.
The suburban business of the roads entering
the Grand Central Station is. however, a very
large proportion, perhaps SO per cent, of their
total passenger traffic; and the plan of establish
ing in The Bronx a great station, which shall
be the terminal for that traffic, has commended
itself to ail students of the New-York Central
terminal problem.
That station, according to present ideas, 1«
to be a sort of clearing house for the suburban
traffic, a structure three stories in height, into
which respectively the trains of the new sub
way, the surface cars of the Interurban Street
Railway Company and the elevated trains of
the Manhattan Railway Company will enter.
As the situation of the station is likely to be
several miles above the Harlem River, the bulk
of the traffic discharged there would probably
he distributed to the subway and elevated roads
for further distribution In this borough ami
Brooklyn.
The Mayor's statement of the New- York Cen
tral's position had the Immediate effect in Wall
Street of reviving the report that the Central
was desirous of leasing the Manhattan, a re
port which this time Is rather widely credited
and for which no denials have been forthcom
ing. Such an alliance would not, it is thought,
he Improbable. The Central's passengers would,
of course, have free choice as to the city line,
underground or elevated, by which they would
continue their journey to their ultimate des
tination; but it is not unreasonable to suppose
that the comparatively light suburban trains
of the railroads now using the Grand Central
Station mi^ht be fitted with the third rail elec
trical equipment, and continue as through
trains over the Manhattan's tracks from the
new suburban station to the Battery, while for
the passengers to change to tho subway trains
would Involve a certain amount of Inconvenience
for them. The Pennsylvania Railroad Com
pany, on the other hand, in entering Manhat
tan Island by its projected tunnels, would find
the subway and surface cars the natural dis
tributing agents for its pnssentrer trafn>. The
con-position of the board of directors of the
tew Metropolitan Securities Company would
fofm to indicate an understanding between the
Pennsylvania and the surface railway pystem.
and th*> belief that the subway By«:tem will
eventually come under th? same control and
management with the surface roads finds many
supporters.
LOSES FOREARM IX MACHINE.
EMPLOTB IN A PROVISION HOUSE HAS
EVERT BONE IN THE INJTRED
MEMT3ER BROKEN.
Max Simeon, forty years old. employed on a
Bausasre making machine in the provision house
of Halstead & Co., No. 200 Forsyth-st., while
operating the machine yesterday/entangled the
sleeve of his right arm in the machine. Before
he could stop the power his arm was drawn
in up to the elbow. The man euffored excru
ciating agony, and when Dr. McDonald, of Gou
verneur Hospital, examined the injured mem
ber, it was found that the flesh was badly lacer
ated, every bone in the forearm broken and an
artery severed.
Simeon was quickly taken to the hospital,
where the arm as far as the elbow was ampu
tated. He lives with his wife and three children
at No. 844 East One-hundred-and-thlrty
eixth-st.
END OF ISOLATION OF OCEAN VOYAGES.
THE MARCONI COMPANY IS READY TO TRANSMIT
MESSAGES TO ALL. VESSELS PROP
ERLT EQUIPPED.
With its apparatus ready in every port on tho
coast, the Marconi company now announces that
It is ready to receive messages for transmission to
all vessels equipped with its instruments. Direct
communications have been secured all over the
United States with the shore stations of the com
pany.
This means that practically all the transatlantic
lines can keep In touch with the affairs of the
world, and will end the isolation of the ocean voy
age. Every Posta.l Telegraph office is or very soon
will become an office for Marconi messages.
OBTAINED LICENSE UNDER STRONG.
THE GENERAL. MANAGER OF THE MANHATTAN
FIRE ALARM COMPANY MAKKS A STATEMENT.
Albert H. Cross, general superintendent of thn
Manhattan Fire Alarm Company, said yesterday
that the original license for the company's service
to the city was not obtained from John J. Scan
nell. who was Fire Commissioner in the Tammany
administration.
"The company's license." he said, "was obtained
from the Board of Fire Commissioners appointed
by Mayor Btrong and by their unanimous vote.
T'nder Fire Commissioner Scannell the company
received no privileges which were not In exact ac
cordance with precedents established by his pre
decessors."
HE DID A BRISK BUSINESS
through using th« "Little Ads. of th« People" which ap
pear In The Tribune. How often on© heirs this sa.:*'.
NAMED AS DEPOSITORY FOR CITY FUNDS.
The Banking Commission of the City of Now-
York, consisting of the iiayor, Controller and
City Chamberlain, at Its meeting on Friday, desig
nated the Eastern Trust Company as ona of the
depositories for the city's funds.
COURTS MARTIAL IN THE H,TU REGIMENT.
Efforts to get Lieutenant Joseph T. Griffin, of the
14th Regiment, to resign having proved futile, his
court martlaJ is now a foregone conclusion, and
General James McLeer has been authorised by
Adjutant General Henry to detail a court. Charges
against him were preferred some time ago by
Major Garcia, and allege disobedience of orders.
neglect of duty and conduct to the prejudice of
good order and military discipline. The trouble Is
the outcome of an attempt to hold an election for
captain.
Another prospective court martial is that of Pri
vate Frank D. Brown, of Company E, who is
charged by Lieutenant Marquand with having
drawn a knife and threatened bodily Injury to any
member of the company who attempted to put a
hand on him to eject him from the company room
some time ago, in response to orders from the lieu
tenant. It was in some dispute about camp pay
that the trouble began. Company I has elected
Battalion Adjutant Maurice V. Theall captain, vice
Bergen, resigned. He received 31 ballots against 7
for Lieutenant Frank Post.
THE BURIAL OF MRS. R. H. STGDDARD.
The body of Mrs. Richard Henry Stoddard will
be taken to -Sag Harbor to-day on a train leaving
the city at Ba. m. It will be buried in the family
plot in the Oakland Cemetery at Sag Harbor, be
side the body of her son. Lorlmer Stoddard. There
will be no funeral service, but it is expected that
Mr. Stoddard will make som« remarks at the
grave.
CHIEF CROKER GOES ON A VACATION.
Fire Chief Croker started yesterday for a vaca
tion at Good Ground, Long Island. Deputy Chief
Purroy will be acting chie^ until Mr. broker re
turns.
MONEY FOR THE SCHOOLS,
SUPERINTENDENT SKINNER HAS COM
PLETED PLANS FOR ITS DIS
TRIBUTION.
Albany. Aug. 2.— Charles R. Skinner. Superin
tendent of Public Instruction, has completed plans
whereby the changes to be made in the method of
distributing the moneys appropriated for the sup
port of the public schools of the State, as author
ized by the legislature of INK can be carried into
effect without any confusion. The legislature of
190" Increased the appropriation for the support of
public schools from $3,500,000 to $3.7fK),000. and pro
vided that each school district with an assessed
valuation of $40,000 or less shall receive $100, and
each school district with an assessed valuation of
over $10,000 shall receive $125, provided a duly li
censed teacher Is employed therein for the legai
term. For each additional teacher employed each
district shall receive as many teachers' quotas of
$100 each as there are extra teachers employed for
said term.
Under the new apportionment the estimated in
crease of State school moneys to be received Is as
follows:
Albany. $4,625: Allegany, $9,800: Broome, $7,725;
Cattaraugus, $9,5?5: Cayuga, $6,650: Chautatiqua,
$9,950: Chemung, $4,300; Chenango, $9,150; Clinton,
18,475; Columbia, $4,525: Cortland, $5,500: Delaware.
$14,ft75: Dutchess. $5.500; Erie, $7,300; Esssex. $6,900:
Franklin. $7,475: Fulton, $4.<>50; Genesee. $3,325;
Greene, 55,550: Hamilton, $1,325; Herkimer, $6,025:
Jefferson, SRSOO: Lewis, $8,800; Livingston, $4.500;
Madison. $6,025". Monroe, $5,000: Montgomery, $2.500:
Nassau, $1,475: Niagara, $4,000: Oneida. $13,650: Onon
daga. $6,900; Ontario, $5,790; Orange. $4,775; Orleans
$3,150: Oswego. $10,650: Otsego, $11,175; Putnam,
$1,675: R^nsselaer, $5,350; RoekTand $1,225: St Law
rence. $16,475: Saratoga, $7,075: Schenectady, $1,925:
Schoharie. $025; Schuyler, $3,550; Seneca, $2 200-
Steuben. $13,350; Suffolk. $3,550: Sullivan. $7.925 :
Tioga, $5,325: Tompkins, $4,575; Ulster, $8,100- War
ren $5,025: Washington, $7,550: Wayne, $5,860; West
c? s E - e - r| * 3>220; Wyoming, $5,4<J0; Yates. $2,900. Total,
WHO WILL PUNISH THIS MAN?
SPAIN, CUBA, HATTI AND THE) UNITED
STATES MAY BE ENTANGLED IN IN
TERNATIONAL PROBLEM.
Spain. Cuba. Haytl and the United States all
may be mixed up In an International problem
as to who shall mete out punishment to a cer
tain murderer, who at present Is confined In the
Raymond Street Jail, Brooklyn. Joe 6 Adwela, a
Spanish sailor on the Cuban steamship Paloma,
killed John Orlin, a naturalized American, while
the vessel was in Haytlan waters, on July 12.
The murder came about over a quarrel at the
mess. Adwela killed Orlin by a heavy blow over
the heart. "When the Paloma reached Port-au-
Prince the captain turned Adwela over to the
United States consul. Although the murderer
was answerable to the Haytlan Government for
a crime committed on waters under its Jurisdic
tion, the consul feared, or. account of the revo
lution there, that proper punishment might not
be meted out.
So Captain Vlnckers of the Prince William II
was asked to bring the prisoner to this country.
When the boat tied up at the Atlantic Dork on
Friday Adwela was turned over to United
States Marshal Haubert.
When the prisoner was arraigned before
United States Commissioner Merle yesterday
the- hearing was postponed until next Wednes
day. Meanwhile the question of Jurisdiction will
be settled. Adwela may claim the protection of
Spain. Cuba may demand the right to deal
with the prisoner, on the ground that the mur
der occurred on a ship under her flag. Haytl
has Jurisdiction in the case, because the crime
was committed within her boundaries. The
United States may claim the right to punish
Adwela because Orlin. his victim, was a citi
zen of this country.
BOWLING AT KORMAyDIE-BT-THE-SEA.
CHAMPIONSHIP PLAT WATCHED BT LARGE CROW©
OF SPECTATORS.
Normandie-by-the-Sca. If. J., Aug. 2 (Special).—
A bowling tournament for the championship of
Normandle-by-the-Sea was heia on Friday night
at the hotel, and was a success in every way. The
alleys at an early hour were crowded with enthu
siastic guests, who applauied the players when
they made a good shot. Mrs. Theodore H. Lam
precht, of Evanston. 111., won the women's first
prize and title of bowling champion of the Hotal
Xormandie-by-the-Soa by rolling up a total of ISS
points, and received a handsome hand carved
chatelaine bas with sliver trimmings. Mrs. George
K. Ross won second prir« and received a pretty
hand carved cari3ca.«« with cards. Tha man's first
priie and Jlll(JJ lll(J of champion of the house went to
\V. P. s. Earle. with 173 points, who received an
alligator skin clfrax case trimmed with silver The
second prize was captured by his brother, Guyon
I-. C. Earle, who receiyed a unique German beer
stein.
The summaries were as follow*:
. ,All<y, All<y No ". — Mr « Anton .1 Qu»nj bow!f<j 107; Mrs.
Alfred Fowle. Ir., t»S: Mr*. Geor«« F. Ro»». 100; Henry
Dunkirk. 180; Alfred Fowle. 142. and Guyoti L. C. Earle.
,Alle.£.£, Alle .£.£, 0 - 2— Mr«. Th»o«3or» 11. Lampr«cht bowled 185;
Mrs. WllMtm F. Bak«r. &4; Miss CorloM \V. Baker. 70;
William H Oall.nkamp. 106; Max Siohr, 10«. and FrM
«rlck S. Glover, 147.
Alley ~ No 3— Mrs. Charles A. Smyl'.e bowled 78; Mlas
Minnie W - Pratchart. m>: Miss Manrareta E. rratehart
it d'w U l anirrecht - 160; Samuel Tat*, hi. and"
Alfred W. Coe, 104.
T , A 1i ey ». No Mlsi> G«-rtru<!» A. Fife bowled *«■ Mlas
Bessie Nottman. 60; Tfllllam F. Uaksr. 141: John McKeon
U^ck.r. 143, Harold Holme*. ISS. and W. P. S. Earle
ARRIVALS AT DELAWARE WATER GAP.
Delaware Water Qap, Perm., Aug. 2 (Bpeclal).—
Mrs. Walker's pleasant party to Marshall's Falls
was a great treat to eleven little girls and boys, of
whom four were from New- York. They were the
lOsses L. Ellis. Mary Halltck. May Bushnell and
Master Eddie Willis.
Mr. Hopper, of New- York, went up beyond the
Susquehanna bridge yesterday afternoon, and re
turned with four Oswego bass.
Kecent arrivals are:
The Glenwood— Mr. and Mrs. H- J- Schumacher
and family, Thomas A. Ryan. Miss M. E. Baxton.
Miss L. Connor, Mr. and Mrs. J. Fleming. Miss M.
Fleming, T. G. Simpson, Albert Porter. Gordon
Brown, A. Solomon, H. Solomon. New- York; Miss
N. O'Reilly. H. T. Torney, Brooklyn; Mr. and Mrs.
W. W. Hull and family, Jersey City.
Water Cap House— Mrs. C. F. Short, Miss 11.
Short. Miss Pauline Phelps, B. G. Talte and family.
Professor Trisdall, J. T. Wood, M. C. Huntermann,
Mrs. M. Finn. B. M. Fraaer. L. Suydara. Jr.. Mr.
and Mrs. Douglass, H. B. Sexton, C. P. Darrance.
H. H. Acker. Philip Adelaon, Mrs. Adelson. Miss
May Adelson. Mrs. R. Sentner. A. R. Leicester.
Mrs. J. MeLarney, Miss McLaroey, Mrs. W Kid
nek. Mis? Kldnek, Mrs. I* Mundy. C. Dickson E
H. Marrlson. New-York.
The Kittatlnny— G. C. Greenly. H. Brill, J A
Balestein. A. M. Diehl, W. E. Hyman. J. Burlln
eon. H. R. Stewart. H. L. Hlldebrandt, A. E Ser
jrelton. J E. Milton. New-Yurk, and Lieutenant
Commander R. C. Denljr, U. S. N.
River View House— E. J. Lewis. George Haupt
A. Atheson. Miss 11 H. Waters, Miss L. Waters'
B. Landmehr, Kessio A. Tingley, Anne Cahill S*
Schneidt-r, Maude Wartman. C. W. Pyke Eliza
beth J. Moore. Mrs. J. G. F. Jeffrey, the Misses L
I. Hueston, M. Clancy and L. McGloine, New-
York.
Gap View House— Mrs. R. Abrahams and chil
dren, W. H. C. Broughton and family, Dr R
Abrahams and 11. Hahnd and family, New- York
SECOND BATTERY NEWS.
So advanced is the work on the temporary armory
for the 2a Battery, In Bathgate-ave., between One
hundred-and-seventy-sixth and One-hundred-and
seventy-seventh ets., that possession Is promised
on September 1. The Stato authorities have re
ceived invoices fiom the War Department for the
Issue of a four gun battery, with the latest im
proved harness and other equipments. This, with
the Issue of new uniforms, etc., will put the bat
tery in fine shape— in fact. Captain Wilson says It
will bo In better shape than It was befora It was
burned out last February in the 71st Regiment ar
mory building.
Captain Wilson has made formal application to
the Armory Board for the location of a nerma
nent armory in Franklin and Boston ayes be
tween One-hundred-and-sixty-sixth and On«'-hun
dred-and-sixty-sevanth sts. The location of this
property is convenient, being on the line of trolley
cars of Third and Boston ayes., and with a sta
tion of the Thlrd-ave. elevated road at One-hun
dred-and-sixty-sixth-st.
GRANTS DIVORCE BEFORE SAILING.
Justice Dugro yesterday before sailing for Liver
pool granted a decree of absolute divorce to Albert
C. Stern from his wife Essie. The case was tried
before Louis C. Raegener, as referee. Mrs. Stern
was represented by Charles Haldano. of the firm of
Levy & Unger, who asked when applying for the
decree that the papers in the suit be sealed Jus
tice Dugro granted this request. The decroe gives
Mr. Stern the custody of the only child of the mar
riage, Albert C. ttern jr. Corn & Lozansky are at
torneys for the plaintiff, y
AT CONNECTICUT CAPITAL.
POLITICAL GOSSIP PREVAILS IN CON
NECTICUT— TO HAVE CONGRESS
MA N-AT-LARGE.
Hartford. Conn. Aug 2 i Special). -The political
situation is beginning to grow, tha latest addition
to the Usr of candidates to the Governorship race
being Chairman Thayer of the Democratic State
Central Committee. Mr. Thayer has been promi
nent in the party for some years, and Hist now is
posing- as a reform Mayor of Norwich, and ir.ci
dentally furnishing some of the most original lit
erature in the way of special sMSSSbJSS to the City
Council that has ever been seen in th? State. He
is an out-and-out advocate of municipal control of
public utilities, and had the good luck to be re
elected in spite of the fact that his attitude made
many enemies for himself during his first term as
Mayor. He is a bright man. keen In speech and
conversation, and his advent into the field will
make matters a little troublesome tor ileioert
Cary. who has been most prominently mentioned
for the Democratic nomination. The Democratic
State Committee Is to meet at Cox's Surf House,
at Savin Rock, next Tuesday, and the date and
place of the convention will be decided. It was at
the preliminary meeting- of some members of the
committee that the Thayer boom was launched,
and it appears to ride all right at present.
The meeting of the State Economic League at
New-Haven this week had as its most interesting
episode the attempt on the part of the delegates
from this city to force Mayor Sullivan out of the
league. The delegates declared that he was not
wanted, and that he had not been true to the
principles of the league. The Mayor made a de
fence of himself on the floor, and was allowed to
remain as a delegate, in spite of the home opposi
tion.
The Republican situation has changed little dur
ing the week. An attempt made by New-Haven
men to push the boom of Frank B. Brandegee was
completely eat upon by Mr. Brandegee. who ut
terly refuses to enter the race, on the plea that
his father, Augustus Brandegee. former Congress
man from the Hid District, needs him in his law
business, and the plea, will be recognized, without
doubt. Colonel R. S. Woodruff, of New-Haven,
ha 3 been suggested as a candidate for Lieutenant
Covernor. apd F. T. Maxwell, of Rockville. Senator
from his district, has been suggested for Treasurer
during the week, but there is nothing to indicate
that they themselves are interested in the move
ments in their behalf. An important suggestion,
however, is that Senator Michael Kenealy. of Stam
ford, be named as candidate for Attorney General.
Charles I'helps, of Rockville. is tha present In
cumbent, and has filled the office with ability, en
tering upon it as tbe first Attorney General the
State ever had There seems to be no special de
sire to take the nomination from him. but if the
Republicans of the southern and western part of
the State are determined to have Kenealy, it will
be a big fight that will ao^n him. He 13 very
well liked and is an able man.
An Interesting and an entirely new proposition in
politics in this State is the candidacy for Congress
rr.an-at-large. In the new Congress apportionment
Connecticut got five members, instead of four, and
rather than readjust the district lines the legis
lature decided to have the extra nian elected by the
people at large. As a matter of course, there has
been some little effort made already in the direc
tion of a candidate on the part of the Repub
licans. Edward C. Frisble, of this city, has been
looked upon with favor by many people of this re
gion, and the fact that Congressman Henry lives
outside of the centre of population in his district
lends some color to the locality argument when
Mr. Frisble is mentioned. If matters are right Mr.
Frisbie will surely be htaid from. George L. Lilley.
of W'aterbury, who came into politics, at once, co
to speak, as member of the legislature in 1901. is
an exceedingly popular man. and he has frankly
announced himself as a candidate, saying that
friends from several parts of the State have urged
him to enter the race: that he has oeen assured of
generous support, and that it is only at the urgsnt
solicitation of his. friends that he consents to be a
candidate. Mr. Lilley has been accused of being
connected with the Beef Trust, but he replies in
dignantly that he has be«n merely their commis
sion man. and that he has recently been approached
by the concern with a proposal to buy him off, or.
in other words, "freeze" him out. Mr. Lilley's
stat-ment is that every dollar he has In the world
Is invested in real estate in Connecticut, that he
has not a doilar's worth of property outside of the
State, and that he does not own 3& cents worth of
stock In any corporation, syndicate or stock com
pany. The only stock he ever owned he bought
for 100 ar.d «old for 67, and that disgusted him with
stock operations. Mr. UUey Uan all around good
fellow, bright and energeti-r. and has sprung into
a great share of popularity within a comparatively
short period.
The strike fever has about run tts course In
this city. The strike of the teamsters, which began
here Monday, closed Friday afterroon. the strikers
losing all they struck for, recognition of the union
•and everything else. Business Is now going on in
the city with no friction, and business In all Unas
Is good for the summer season. An attempt on the
part or some of the trade union men to get an
appropriation from the city to be used In cele
brating Labor Day has been m3de ' but Is doomed to
CBAXGES IX THE IZTH REGIMENT.
COI/WKL DTEn lUKES REQUEST FOR TWO ADDI
TIONAL, OOJIPXN'IES—
Important change* may soon take plac« in the
12th Regiment, as Colonel Dyer has mada a re
quest to form two additional companies, making
the regiment twelve companies in all. The 12th is
now tho largest re«*ment In Manhattan, but has
the smallest armory, and Is badly In need of more
drill room. This has been manifest for some time,
and effort* are being made to secure two additional
lots In order that the drill hall can be suitably
enlarged. General George iloore Smith, com
mander of the brigade, who admires tha 12th
for Its fine record of service, has approved Colo
nel Dyer's application to form two additional
companies, and the. papers have been sent to
Albany for approval. In attendance at cajnp the
•l"ih this year beat all records.
A clubhouse for the regiment Is to be erected on
the Oreedmoor range, near the main entrance,
for the accommodation of its members. It will be
conveniently located and thoroughly equipped for
the benefit of marksmen. Major Huston, captain
of the regimental rifle team, is highly pleased at
Its work, and from all accounts it will be a hard
one to beat.
Company E will hold a summer night's festival
at Sulzer'a Harlem River Park on next Wednesday
night. Second Lieutenant A. B. Quarrler of Com
pany I has been unanimously elected first lieu
tenant. Company G has matched its f. . of war
team of five men asain»t a team from tho Ist
>^val Battalion, and a match will be pulled for
fold medals at Sulzer's Harlem River Park on
Sunday, August 81. The team from Company Q Is
made up of James Connor*, captain; Charles
Beckman. No. 2; Charlea Haller. No. 3; Harry
Luby. No. 4, and Frank Clark, anchor.
The non-commissioned offlc«r« of the regiment
will ep«nd to-day at College Point on their annual
outing. Serseant Major Adair is ia command.
WAR MEDALS FOR STB REGIMENT.
Colonel Jarvis of the Sth Rejiment has made
application to adopt a Spanißh-Araorican War
medal, which it is desired shall be awarded to
members of the regiment wfto served with it while
in the service of the United States during tha war
with Spain. General Smith has forwarded the ap
plication approved, and higher headquarters. It is
expected, will also look favorably on the applica
tion.
Company F will hold an outing at North Beach
on next Sunday, and Company D has arranged an
outing for Sunday. August 24. Colonel Jarvis will
celebrate the anniversary of his Joining the Guard
on next Thursday. He enteied the mllltarv service
as a first lieutenant In the let Separate Troop of
Calvary In 1576. X
ABOUT THE PANAMA CANAL.
At this time, whan an American coramls»lon le
studying in Paris tha judicial aspect of the pur
chase of the Panama Canal. It may b« Interesting
to translate a few line* from a pamphlet just pub
lished in Faris on the same question. That pamphlet
is the work of a naturalized American citiz«n now
residing In France. Joseph Aron, ex-president of
the. Sutro Tunnel Company. «x-representa;iv« In
New-York of the banking? firm of Lazard Frere».
and author of several publications on political
economy. Without pretending to Judge the drift
of Mr. Aron's allegations, here arr some of.tham:
Unless the inside of the «tronar box of the new
Panama Canal Company resembles that of the
Humbert-Daurignac family, there should be found
in it 68.SM ■hares out of the 70,000 shares of the
Panama Railroad. They were bought in 1882 by
tbe old Panama Canal Company for 10uo6o«V»)
francs. The real value of this railroad is now
considerably greater than In ISS2. It is fr*e from any
Hen of arrangement with the transcontinental rail
roads, which was not the cast) in ISS2.
Mr. Aron quote* also the following opinion of ona
of the receivers of tha old Panama company:
The vote of the American Senata is conditional
upon the legal transfer of the rights of the Panama,
company. Then it happens that the new company
Is bound by a contract with the Colombian Gov
ernment. . . . Colombia, whose finances are In a'
disastrous condition, would see with great pleasure
the Panama company riving at the maximum
delay granted for the buildinc of the canal. Then
the. Colombian Government would be disposed Der
haps i°o. ent r directly into negotiation* with the
United States. The American Government will not
-financial.
77ie Financial World.
The market is temporarily i n : a somewhat
unusual condition. There is next to no general
commission house business, which means there"
is very little general trading; while in three or"
four leading stbcfc3 there is a feverish activity^
due to the operations of certain cliques or com
blnations, who have plans under way Involvia»
control of these properties, or union with other*. '
So while the general list remains dull, the mar
ket has a more or less deceptive appearance of
much animation.
Take, for example, the lively fluctuations t a
Colorado Fuel. They are not made by what
might be called public trading; but because t»o"
parties are engaged in a hot contast for control,
of the property, and the up and down mov*.
rnents of the stock are the effects of their 3:ruf.
gles. To an outsider, who was ignorant of wJut
was going on. Colorado Fuel would appear to be
one of the leading stocks of the market. This
is referred to as an illustration. The meritj or
the controversy are a different matter. It wffl
be worth while to watch this fight in its Iat tt
stages, because it is almost certain to fumtnj
the public with an illustration of the methods
by which a board of directors in possession, con
trive to hang on to their places when a decid*}
majority of the stockholding body have voted
them out. . . ,
We have also had during the week an ny. usual
degree of activity in the St. Louis & San Fraa.
Cisco stocks, which ordinarily are rather dor.
mant. Thi3 comes from the company havi-j
acquired possession of the Chicago & Za3:«ra
Illinois road— rather a surprise, because thoM|
it was known that the latter road was for sals,
it was supposed that some company more near]?
allied than the San Francisco is. would be th*
purchaser. In fact, it is generally supposed sow
that this purchase is only preliminary to a
larger combination; that some one of the greater
companies will turn up eventually as owner «f
both reads, which its own system will unite asi
unify. There is a natural alliance between th»
Eastern Illinois and the Louisville & Nash
ville; and also between the former and tie
Gould road, the St. Louis Southwestern, wfcici
comes in with the Missouri Pacific system. Ti»
San Francisco property would fit in geosprapli.
ically with either. Friends of the latter prop,
erty cay Its stocks will go much higher whss.
ever the general market is favorable.
There has been some good buying of Ncrfcli
and "Western, on the large increase in the «tra-
Ings of this property, which Is a soft ccal ratd;
and doubtless the speculative movemes* jj
Chesapeake and Ohio has the same basis. ft»
an 111 wind that blows no one good, and tia
losses of the anthracite roads through th* a-Jb
are somewhat compensated by the gains at tie
roads which carry soft coal. The last rsa
sylvanla statement is a case in point; and ■
to be remembered that the treasury of the Psaa
sylvanla has among its assets large amount et
the stocks of the two roads mentioned. la rt.
spect to the strike Itself, it can be sa.J •-.*■
many signs point to its collapse before tie
month of August is out.
As a who!?, the market was heavy thronsjl
the week, with one or two quick declines. Tier,
however, were followed by rallies, for there an
no large amounts of stock pressing: for sale. Tha
trade outlook for the remainder of the year Ii
against selling. The declines were due In part
to the unexpectedly large engagements of gold;
which, while not affecting the money marks!
now, may give ua higher rates later ea. Bat.
says the "Financial Chronicle":
'Th« lafiueace which above a:i other* was resjessHU
for the sharp set-back tS« market receives, was &• wiJ»
ipr«a4 hoatlll:? excited try the 'an for the asaselal r»
«dja»:.-n»=t of the Chicago. Rock Islasd £ Pac:*.c RiZ
road C<x W« are only recording a. fact whan w« tasj ti«
tn* plan wu recelvod with markeS and general <U3?itot.
. ... It Eiv b* added that the appearance yesJsrfay
[TrlSxy] of th* cSdil details of th* arrangemsat has
not Ucded to modify criticism. The p!aa embodies ies«
peculiar features aad s**sis to lack isany crilziry sif*.
■n&rds."
The latter clause refers to provisions of tk»
plan which were extracted from the charter ef
the new company filed at Trenton. The "pectfl.
lar features" are several, the more prominssl
being these, as published in the "Evening PosV.
1. The common stock has no voting value, tks
cnly directors It can vote for being a nullity is
the Board.
2. "So stockholder can examine the books of
the company, except as the directors may permit
5- The directors may buy and sell the stock ef
the company, for the company.
4. The directors having real power are vote!
for only by the preferred stocky and the Board
is so constituted that four men are placed is
what amounts to permanent control.
Of course the scheme will go through. Tl>
gentlemen who have conceived it. own prohaMy
five-sixths of the outstanding Rock Island stooi,
and doubtless would be glad to buy the remaftv
ing one-sixth if they could get it. If. there
fore, they chcose to exchange their shares ■*
shares of this company of their creation. tSeT
have an absolute right to do so; and any •*•
tempted legal or legislative interfarer.ee i::vol»e»
an attack on the right of private contract. As is
any stockholder of Rock Island who does set
choose to exchange, his rights are secure any
how.
Therefore there fs no compulsion, and no cs*
is being robbed. Nevertheless, no gchen:* carry
ing with it such serious menaca to corpora**
property has bean put before "Wall Street is
twenty years. This menace is not in the tx
panslon of share capital proposed; for it is •*
llttla moment that these gentlemen will convert
one piece of paper they own into three pitC*
That is cot the point, though the Governor «f
lowa seems to think It is. The menace is ti«
example given by a scheme which ingenioaew 1
contrives to put in permanent control of a grest
railroad property, three or four men. wao •*•
practically irremovable by whoever may be ti«
real owners of the property.
For see how this works. The pecuniary, *
speculative, success of th« scheme, depends <•
th« success of these gentlemen In selling tc lh»
public the three pieces of paper into whicn X&t
have converted their one piece. If they caasct
sail them, nothing is gained. They reraaia ti«
owners of the property as Its purchasers, wttfc
their monsy tied up In it. But if they can «•
these three pieces of paper, their purchase rs.oztf
is returned to them with more or less of proSi
while they still, by virtue of this insesia
scheme, remain in practically irremovable cca
trol of the property, with resource* ••
for similar operations in other directions — NortS-.
west. for example. It is power without respc«*- ;
billcy. which has always proved disastrous.
In all this, these gentlemen are acting witMr
their strict legal rights, and hurting no oa*"
directly. Indirectly, they menace all corpora:'
ownership. The remedy is not in law. It is «•*
tirely in public opinion, which, by the nature S
the case, is sufficient; for if tho public will to*
buy tha three pieces of paper into which ©y
one has been converted, tha whole schema U *
failure. CUTHBEBT iIILLS-
lend Itself probably to that game, which wow*
amount to a veritable swindling. ; .„ -_
If the company 3 *!ls out Its rights what,*!- »
the situation made to the creditors of the Oul co»
Pi The ? transaction will be made, accordincto
offer of the Senate, upon the basis of 3*"&2
francs. Tha new company will reimburse, at»J»|
its stock-that Is. 65.000.000 francs. Then theislJ^SJ
of 133.000.000 francs will be divided arao»« t*Sfl9
holders of the old company— that Is. *-J^ v w
francs for 1.000,000,000 francs, which win sl«j..
each of them from 30 to * per cent. The "" „
holding capital not Oeln* entirely r«^ v O*
useles' to say that nothing will be given en w
shareholding capital of tbe old company.
. . IT 5 A SHAME TO DO IT. .■_..
•ut It you do not want axythlog tn tha Itttl* a iv r V,
isents la t.-.e rarroTT coluraas to-dsy-. tear eat t»e cIS"
for futur* r.*-'«. J". ' '"^ *ißr*fti§Jfliiaßiildte

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