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4 HOXEY LOSS NOT CAUSE. SUICIDE DUE TO ILLXESS. Friend* Say David Will cox Had TJttle Financial Anxiety. Those who wrre closest to David Wllleox. the former president of the Delaware & Hudson Company, who shot himself to death last Wednesday on the North German Lloyd liner Baxbarossa. scouted yesterday th© Idea that Mr. Will! act was caused by any worry over his financial affairs or the depreciation of his Stork holdings in the recent severe slump In : Wall street. All were unanimous In the belief that 111 health alone drove him to end his life. At the same time It v.as pretty generally ad mlttted that depression and disappointment over the affairs of the Delaware & Hudson Company, with which he had so long: been associated as counsel and president, were chiefly responsible for the undermining of his health. Mr. WiUcox had always been keenly sensitive to personal criticism or to adverse comment on bis management of the Delaware & Hudson. It was recalled yesterday that after th« end of the big coal strike in 1903. during which the coal roads and their officials came in for a large amount of unfavorable criticism. Mr. Witless; had found It necessary to go away to recuperate. A man In the financial district who knew Mr. vTiUoox intimately said yesterday: "Mr. Willcox never classed himself as a rall roa.fi man. He had been bred to the law, but owing to his long and faithful service for the Delaware & Hudson, when he was elected to the presidency, he strove to do the best he could to satisfy the stockholders. He had such a punc tilious sense of duty that where another man would have paid no attention to unjust criti cism he always let it worry him. His concern for the welfare of the interests with which he was intrusted broke down his health, and he finally relinquished his position regretfully. Even then, although he had plenty of money. he could not get away from the thoughts of the road with which he had been so long associated. The thought of coming back to New York with out the prospect of returning to the work which hafl so long cngrossod his best efforts, did not aid in lifting his depression, and 1 suppose that rather than go on in his poor state of health, he decided to end it all." Mr. Willcox's cousin, William O. Wlllcox. who is the head of the insurance brokerage firm of Wlllcox. Peck & Hughes, rt No. 3 South Will iam street, was on the pier with three other close friends of the dead man when the. Bar barossa was warped Into the pier at Hoboken yesterday. After having a lons conversation with Captain Langreuter in his cabin, arrange ment* were made for the removal of the body to the house at No. 19 East 68th street, owned by David Will' ox. William G. Willcox was a partner of Albert Wlllcox. in the insurance firm of Albeit Will cox & Co. tip to the time of Albert Willcox's death last cummer. Albert Wlllcox and David Willcox were brothers and their attachment for each other had always been remarked by their friends. Both of them were bachelors, and the last surviving members of the family. David Wlllcox felt keenly the death of his brother and never fully recovered from his loss. William G. Willcox said yesterday afternoon that before starting for Europe in search of health his cousin had given him power of attor ney. He had not had an opportunity to go over the dead man's papers thoroughly, he said, but so tar had discovered no will. Neither did he have any knowledge of what disposition of his estate the late president of the Delaware & Hud i sea lr to make. He paid the estate would ' be found to be worth $1,000,000 at least De spite his close intimacy with K. H. Harriman and his directorship in both roads, Mr. Willcox held only one hundred f-hares of Union Pacific end a like amount of Southern Pacific stock. The greater part of the balance of his estate la Invested Is Delaware & Hudson Company stock. This woujd Indicate that the shrinkage of his holdings in the present year reached hundreds of thousands, but even at that he had enough left to keep him from worrying about the future. All the stork tH M by him is deposited with one of the trust companies. William <;. Willcox was emphatic yesterday in his assertion that his cousin never speculated to any great extent, al though he was always interested in the move ments of Delaware & Hudson stock. The theory that Mr. Ulllcox's breakdown, a huh led to his Fuicide, was due to worry over losses in the March panic received credence, perhaps, because be departed for Europe shortly after the stock market began to go to pieces. Mr. Willcoxs friend r. U. UarrUnaa was hard bit at that time, and it was paid yesterday that soon after the slump had reached Its lowest one thousand kb&res of Delaware ,v Hudson com pany stock, valued at a minimum of 1150.000, were offered for sale by a broktr supposed to bo acting for the company's president. Mr. and .Mr.-, It. G. Shaw, of Boston, and Gardner V. I.><. of Oswego, N. V.. with his daughter. Miss Anna Lyon, came over on the Earbarossa. For the first few days out from Gibraltar they saw much of Mr. Will- ox Sev eral bridge games were played, and Mr. Willcox seemed to take pains to make things us cheerful and lively ?s possible. It was recalled yester da >' by the Shaws and the Lyonses that Mr. Willcox complained on several occasions of the weather, which had been Stormy almost all the a >' across. Last Wednesday night, when Mr. VWilcox took his life, was the roughest period of all. and most of t!ie passengers retired early Two days before Ills death Mr. Willcox handed * letter to Captain Langreuter, with a request to have it mailed when the Barbaroßsa reached Quarantine. Captain Langreuti could not . call yesterday the. name of the addressee on the letter, which v.-is mailed when the Karbarossa got Into port on Friday night. Although Mr. Willr-ox lived at the Metropoli tan Club, there was nothing lavish about his mode of living. He was primarily a student. The fa<t that he voluntarily waived the claim some months aco to his share in the estate of his brother. Albeit Willcox. in favor of the Tut** Inrtitute and the Audubon Society Price $5.00 M kers of Royal Worcester arid Bon Ton Corsets would seem to disprove the rumor that he had been deeply affected by losses in Wall Street. The vacancy left by Mr. WllU-ox's death in the board of directors of the Delaware & Hudson Company would be filled. It was said yesterday. by an interest Identified with the company, by J Rogers Maxwell at the annual meeting on May 14. Alexander E. Orr. who recently re eigned from the executive committee of the road, will, it is understood, retire from the directorate at that tim*>. It is considered prob able that his place will be filled by George F. Baker. . . Ttif present board Of directors is made up or Alexander K. Orr, Robert M. Olyphant. Chaun ory M 1 tepew L. F. Loree. John Jacob Aster. Frederick rromwell. R. Suydam Grant, Ooorge T. Wilber. Charles A. Peaborty, E. H. Harrlman. Dumont Clarke and James A. Linen. The As-tor and Vanderbilt Interests in the company arc not larpo. and it is said that Mr. Depew and John Jacob Astor may retire as directors. Mr. Harri man has a considerable interest In Delaware & Hudson, hut he Is far from being in control In fart, the Ktock of the Delaware & Hudson IS so widely distributed that it would be difficult Tor any one party absolutely to dominate the affairs of the property. JUSTICES AFTER 'RAISE.' Think $25,000 a Year About Bight for Supreme Court. Backed secretly by various Justices of the Su preme Court of the Ist District of New York County, thero will soon be presented to the Board of Estimate and Apportionment a proposition to Increase the salaries of the Supreme Court Justices of this district, and possibly also of the 2d Dis trict, from J17.&00 a year to J^.tiuO a year. The Inspiration for the Idea seems to have been furnished by Dean Ashley of the New York Uni versity Law School at a dinner a week or two ago. when be referred at length to the fact that many of the brlghest minds on the bench were withdrawing on account of financial reasons. He said that large corporations i:> this city were will ing to pay more than $17,500 a fear for the ser vices of a Justice trained by many years of ex perience on the bench, and he cited the resigna tions of Justices O'Brien, Hatch. Russell. Keneliek and Rumse?. all of whom. It Is said, sre drawing much larger salaries than they received while they were on the bench. It Is understood that offers have been made to Justices Leventritt, Scott. O'Gorman nnd others to leave the bench and engage In private practice. with the certainty that they will receive more than $17 to) a year. It is common talk around the courts that Justice Leventritt is going to resign the com ing summer. It is asserted that Morgan J. O'Brien had a guarantee of 135.400 a year on leaving the bench. Tl.e Board of K«=tl!v:rtt<» nnd Apportionment has Jurisdiction over the extra allowances of justices of the Ist District, ns i: lies wholly within New York County. Th« Justices receive a regular salary nf K.<KA from th» state, and in the Ist District $11. additional -rim the county of New York. The. constitution forbids the incre:i.«>» of a Judge s compensation during his term of office*, and any salary increase could benefit only Justices hereafter chosen. SURPRISED BY JEROME. Proposed Probe of Count Excites Insurance Men. The announcement that District Attorney Jerome had beirun an investigation of the Inter national committee's ballots in the New York Life election, in addition to one of the commit tee's charges against the company's agents, as published exclusively In yesterday's Tribune, caused great surprise In "opposition" circles yes terday. Intimations of such an investigation, it was learned, had been made at the Insurance bill hearing before the Legislature a day or two ago.'but in the h<*at of the discussion they had passed unnoticed and unrecorded in the tele graphed reports of the bearing. Meanwhile, It la believed. Mr. Jerome Is going 6teadi!y forward In this investigation. Already, it Is said, he has heard surprising evidence from more than one source bearing; on the case. The committee's manager visited the Criminal Courts Building yesterday and was closeted for some time with Nathan A. Smyth, one of Mr. Jerome's assistants, in connection with Assistant District Attorney Howe's Investigation of the frauds alleged by both sides In the New York Life elec tion. Mr. Bcragham would not discuss his visit, further than to say he had submitted a batch of affidavits alleging forgeries by scents both of the New York Ufa and Mutual Life. He Inti mated also that the committee was seeking a "man higher up" in both companies. He did not say, however, whether he had teen asked to explain the "perfecting." forgery, etc.. evidence against the committee. It is declared that nearly 50 per cent of the thirteen thousand odd pro-international votes cast In the New York Life election, but adjudi cated as "bad," have been so adjudicated on th« ground that they have been "perfected**orother wise tampered with by a third party before de livery to the Inspectors. Superintendent Kelsey. on the occasion of a flying visit which he pair: to the m -1,0 of the New York Life canvass yesterday, was told that the canvass would be finished on or about May 35. Th© 'analysis" of votes "adjudicated" up to yesterday, the reporter learned, is as follows: International Administration Committee. "iooa 349.74."» I<hi -4 • »-* Void 14,1»T!« 13.U38 Uruiljudicated 7,560 8,392 This analysis shows that, despite the Inter national committee's relatively light vote, almost as many of the committee's as of the adminis tration's votes have been adjudicated as bad. it la now estimated that the final elimina tion of duplicates, etc., sill give about :J47,0<i0 to the administration, against the committee's possible id/too, In the recent cloud of solemnity which has overhung th« committee's opposition, a ghost of seemingly unconscious humor peeps through some of the votes deposited In all seri ousness by the committee and adjudicated In th« last tew days. Witness a ballot carefully opened by the committee's well wishers by "trimming" the aids of the envelops presumably inspected, laboriously reseated with mucilage and deposited at the company's offices on elec tion day as a pro-International ballot. This ballot is signed i>y an Inconclusive "I m Done." witnessed by an equally unknown "— I), rule,- and, although a pro-international bal lot, bears across its face a vigorous philippic directed against the international committee. THE ROYAL WORCESTER ADJUSTO CORSET For Stout Women Adaptability is one of the features that has made ADJUSTO DOWAGER Corsets for Stout Women such a tremendous success. There are Seven Million Stout Women in America. Thousands of these are wear ing the "ADJUSTO." Every Stout Woman should. Your judgment will tell you that the figure is not the same every day, and the corset that will produce with every degree of comfort a stylish figure by reducing abdomen and hips and lengthening the waist is the corset for you. ADJUSTMENT — Instantly adjusted to make larger or smaller. A steady pull to the sides, and the hips and abdomen are immediately reduced. Reverse motion, bringing the hands together in front of the body releases the mechanical buckle attach ment, and allows perfect freedom to the body. BONING— Double but Flexible and Very Strong. STYLE 610, Medium Length Style 614, Long length ALSO MADE IN BATISTE FO» ICMMEI SOLD EVERYWHERE SwS^VSSH ROYAL WORCESTER CORSET COMPANY, Worcester, Mass. NEW TbBK. S4S B-WAY. CHICAGO SAN FRANCISCO NEW-YORK DAILY TRTBUNE. SUNDAY. APRTL 2S 1007. OJV THIRD MAN'S TRATL. Another Arrest in Bond Case Doubt ful, However. Following tho statement of District Attorney Jerome that in all probability there would not be a third arrest in the Trust Company of America bond theft case, it was learned yester day that the "third man," who is suspected of having at least furnished some of the brains for the conspiracy. Is out of the country. He is a Boston lawyer, on« of good family, whose name has not been published In connection with the case. It is known that Oliver M. Dennett, under ar rest on a charge of receiving the stolen bonds, named several men In the statement made by him on Friday. This statement, with that of William O. Douglass, the loan clerk who took the bonds, and other evidence In the case waa taken to Lakevtlle last night by Assistant Dis trld Attorney Murphy. He and the District At torney will spend to-duy and to-morrow in goir.s over It. with a view of determining whether any other persons can be connected criminally with the conspiracy. It is thought possible that Oakleigh Thorne, president of the trust company, will run over to Lakevllle from his country home at Milbrook. Dutchess County. "William F. Sheehan. counsel for the trust company, said yesterday he had had no com munication from es>lfayor Josiah Qulncy. of Boston prior to the time the company discov ered tho thefts of Douglass. But on Sunday, after the loan <l.rk had been arrested, Mr. Qulncy called him on the telephone and told him the story of how Dennett had sought to retain him us counsel, stating a hypothetical case-Of a man who had taken $1,000,000 in se curttlea from nn unnamed financial institution. It was learned yesterday that two of the bro kerage firms holding securities of the trust company hypothecated by Dennett were Red mond & Co. and Carpenter. Kaggott A Co, A member of the latter firm said last night they had Informed the Trust Company of America that It would recover 986.000 In bonds held by them by paying up the loan mads to Dennett on the security. Dennett, the broker said, had traded with them in n conservative way for two years or more, <arrryln X from 100 to T.OO shares of stock at a time. He was usually ahead of the game, and In spite of a recent loss of t&OOO In Canadian Pacific had a balance of $T>.OU!> to his credit when arrested. Forbes j Hennessy. counsel for Dennett. Indi cated yesterday that he hoped to obtain Im munity for hi? client on account of revelations made by the broker In his statement regarding others. Referring to the statement of ex-Mayor Qulncy, in Boston, on Friday, that he had only a "sltfe'ht acquaintance" with Dennett. Mr. Hen nensy said: It peem* to m<» that there must be an error somewhere, for Mr. Qulnry and Mr. Dennett have known each other Intimately for a good many years. The lawyer intimated that there might be some interesting developments In the case be fore many daya. A bank examiner nf the Kt;ite Ranking De partment paid yesterday there would probably I>*> aotns ohange in the methods of handling col lateral on loans as a result of the eXDOSUrS of tho l>ouglasn operations. Loan clerks should not be allowed to jo <'Ut to luncheon, ha said, as it ir.ivf them a chance to dispis-' of securities and dabble In Wall Street. Boston. April 27.— According to ex-Mayor Qulncy, he told a representative of the Trust Company of America last Sunday all he knew of Douglass and Dennett. Mr. Quincy nays that he saw Douglass later than last Saturday morn ing 1 , with Dennett. i • FRIEDE TOWER PROGRESS. Foundations Finished and Upper Work of Steel Being Pushed. The foundation of reinforced concrete plies and pier* for the Mads Glob* Tower at Coney Island have t>*»en, finished, find the work on the '::>!>« r structure la fcolns; on as fast aa the steel companies can make deliveries. The construction Is a combi nation of bridge building and of building const m?* tlon m employed on modern steel skyscrapers. in the enormous and Intricate mass of steel of which the tower will >>•» composer! every combination and every law of steel structure Is met through th» simple Jointure of angle Slates and irunaetfl. Mr. Fried* acknowledged that tats result I* due to American progress In tin* manufacture of struct ural steel. Tt-.« Inventor. kliicw the llriit concrete pil« for the foundations was driven, has had ,-. >■•■- run of photographs taken every week, showing th« progress of the work. It Ik in!«ti'l<d that the lop of the lower shall be used for weather observation and wireless telegraphy, and with th« addition of a gigantic searchlight, will become the most promi nent and far reaching lighthouse In the world. The tower will be 700 feet nigh. MILLION OFFERED FOR FRANCHISE? [liv Tslssjisiili la Th« TribuiM | Jt'. heater, April ft?.— lt '■ stated on good author ity n.at the VanderbUl svndlcate oontrelllng th« Mohawk Valley electric system and also the Roch ester Railway system has entered one million dol lars for the recently granted franchise >>f t!;>- Can :iri<iiitKna & Southern trolley line. The right <>f been secured to build the road front Can la to Atlanta, N. V. the lerritor) to be covered i.Mnjt without present railroad faclltlea and highly desirable from a revenue point of view, The proposed plan Is to make the road an exten sion of the Rochester & Eastern trolley, also-owned by the syndl ate. Several resorts art- planned for Canawda fgua Lake, ami » » Rochester tr.itttv t.> ilh-kii iiiiintß will be heavy the syndicate watched every move when the State Railroad Commission granted th« franchise recently In New York. VIRGINIA RATE CASEB DECIDED. Richmond, Vs., April 27.— The State Corporation Commission to-day banded down s decision In the rate tie— by wlilch. after July 1. psssens.Hl rates on trunk llsjes are reduced to 2 cents a mii«- on their feeders to V 2V 2 cents; on certain minor roads they will be '■'•■ and one or two lines IVft cents. On freights a uniform schedule Ik established, thereby making a sligbt reduction. KEEK FWtIIT AT GOLF. IIOXOKS VOX UEItJiESIIOFF Beats Forrest in Final Round of Lakewood Tournament. Fred Herreshoff, tho Interscholaetic golf cham pion, won additional honors yesterday when he defeated H. M. Forrest, of Philadelphia, by v up and 3 to play In tho final round of the open tournament on the links of the Country Club of Lakewood. This makes the Garden City ama teur a double winner, as earlier In the week he won the low score pri*e In the qualifying round. Forrest also did well. In addition to the runner-up cup he also received a prize for the best gross in the handicap. His card read 82— G — 76. This was low net as well, but not caring to take both prizes the Philadelphian contented himself with the gross, which left the net prize for W. B. Pott*, of Seabrlght. whose card read ■w— l2— 77. When the survivors gathered for the semi-final round In the morning it was generally conceded that HerreshofT would win from Charles L.. Tap pin, of West brook, but the gallery appeared divided as to the Forrest-Taintor match. The latter has been playing well of late, thanks to Several weeks on Southern courses. In Forrest, however, he found an opponent who not only kept on the flag, but was giving nothing away on the greens. The result was that after tho first few holes the Philadelphian always had the advantage, and finally won by 4 up and 2 to play. In the other half of the semi-final Herreshoff wan having none too comfortable a time with Tapptn. The former carelessly made a practice swing In a hazard at one of the water holes, and this cost him a hole which would otherwise hava been halved. The match ended on the seven teenth green, where Herreshoff laid the veteran a stymie which Tappln fulled to negotiate. Forrest's friends had It figured out that their man because of his deadly short game would at least worry the Plnehurat and Hot Springs hero. Off the tee llerreshoff generally outdrove his man from thirty to fifty yurds. That in itself was practically a winning udvantag<\ but to add to the other's discomfiture Herreshoff after the first two holes alxo did the better work on the greens. The Garden City man. despite two or three mistakes, went out in 43, which enabled him to turn for home 3 up. He made 3s at both the short holes, one of which he won, thanks to another spell of weak putting by the Philadel phia^. A heavy He practically cost Herreshoff the next hole, Forrest getting a 4. The latter failed to take advantage of a chance for a half at the thirteenth after the Garden City man missed his put for a 3. They divided the four teenth in 3. good work, as neither man got home on his drive. The mutch ended at the next hole, where Herreshoff drove within twenty feet of the pin and barely missed getting a -. The hole is 1*74 yards. P. A. Fogarty, the Midland player, finished a series of hard fought contests by winning on the twenty-first green in the final round for the second cup, defeating C. A. Lee, of Tuxedo. W. B. Potts, of Seabright. won handily in the third Bet. The summary follows: Flr«t cup (••mj-nnal round)— ll. M. Forrest. Fhlladal pliU, brat C West IVlruor. Klchmon.l County, « up ar.<l . to ;>la> ; Kr«i llerrelnofr. Garden City, boat Chart** U. Tappln, WtattirotiS. - up mi'! 1 to play. FKioJ ll«rre»h<>ff beat Forrest, 8 up and 8 to play. Second rup (semi-final n>-i:..i> — }'. A. Fogarty. Midland. b«at W M. Cari>«nt«r, Dcrk«l*jr. 1 up It* holes); c. A. L*«. Tus*4o. UmU A. W. Black. L*k«wood. 7 up and « loj>!ay. Final round — Fcfartjr b*at V*; 1 up (31 holaa). Third cup (semi-anal round)— W. fj. rotta. teabrtcht. b«at tiaxsn M ■«•••. A;a«amla. 6 up and 6 to play: D. U. Thomas, Duawuodls, l.*at O. H. i'otta. baabrtftit. 2 up and i to play. Final — Pott* bast Thomas. 1 up. i«rra>4 *:iht (first a*t, »«i..'. nnai round) — liarold Famls. Paim«tto. brat C"harl»s A. SpofSord. idr-.i'r Hill. 'i up and 1 to [lay. i: 1.. !>• Wrest. BMnnscoca. beat W. M Weaver, (.mmdtn, 3 up and 2 to play. Final round — D* Forest teat 6anda. 2 up and 1 to play. X>rf**ud •lent '•••m.4 *»t. a«m> -final round) — <J. 1. t«tion. New lirunsnica. beat Thtodor* K««r. Ualtutrol. 6 up and 4 to play; A K. ctoutharland. ti.#i«w_K-J. beat I'M. Kft*!nlanil*r. T«k»wood by default. Heal round— rk«utt«r:axid b«at L<st*an, 2 n» and 1 to play. 1 rfu'^ »!|M (third section: aami-fiaal round) — Tred Prtnf. Amis:-, baa*. 11. J. Uusby. Atlaatta City, by de fault. C W. Hat was. W>it*«yl. beat J. M. Ts«ter. Cr«a c*nt. by default- Final round - Harman brat rrlrr. I up anil 2 to pay. HANDICAP CUP. Gross. ll'cap. Net. 11. M Forre.t. rhll»<1«lphla bi 0 m \V H. Tot?". S>at>rlght •» 12 TT \V. l: I'onklyt.. l>un«oo<ll* ST 7 (to A. J ■ '. ■' . ire, Albany . »•.» 9 %<) 1.. a Hamilton. \V>lt»»yl 87 « || C. W. Tatntor, Rlchmoad Oounty.... ST m XT, M. i'arp»ntcr. Herkrley 9t 12 *; B. I. Il«dfl«lil. K.w* County l>o T -> K. 8, Monday, l.nkcwoo.l M rt $3 A. J. W'lHsnn. Ijlkcwood t»2 8 l>3 C A HpofT.ir<l. Huufrr Hill 92 * •<♦ Harold Uanda, liken »•<> «l J. K. Hhanlt-y. Jr. Merlon pit ■} ^ ». 1.. All»-n. fUv#rton io» m () V. A. Kogarty, Midland it 7 «.; K. A Potta .-mii;« • lOtl 17 S '» J. F. Hhanley. »r . I>*«1 Ifl is I*l J. MePaddea, Por*M Hill 11; 1* .14 K. H ■ tannon jr., I.ak-wimi nr, :.j a/j j TbUlp •". l'olnler. Elisabeth 114 14 MS t I sj HANDICAPS AT FOX HILLS. 1 Class A nnd rla.ts h handicap! brought out good fielil.s yesterday at the To* Hills' i;..!f Club. The results were: lan.-, A: area*, HVp. Net. M 1- Krarey 'M 13 M P. \\ Kendall M 4 (<« J. F. Marvin >.•> 12 M J. .1 Haaea it.% » 67 i .1 ii . Wootan tut 12 111 11. Wnlnor M 6 1,1 • •i«i» U It. M Wead liv-> » 70 A. Holllck J.h a) M ; J. I- Baucua io<) i;, >..•. J. M. Kellvy MS ■ 87 K. a '•■'"" i"»» j» h» 1. K. v. ana !'•; is m. .1 11 IHint.ta"- lti.4 17 in H. 11. i.;\.i n.i x, ia A. H. Poaaon 111 ift („• C. '• Bmlth |«B si v.. FOUR-BALL MATCH AT DYKER. Seven cards were returned out of twenty pairs In the tour-ball medal play handicap yesterday at the Dyker Meadow u..ir link 'ii,.. winners wera l'«rk<-r inul .Shipliy. Th« Scores follow: A. Parker an-! W. Shipley '"'s^ *S* ** D. Chaunee- ..n.i .1. 1. Taylor ...... si - S -- II W. l«<?rhe an.! W. 11. Tliuralun ltd IS ii J. M. Ithrlt anil \V it Simon |i a -2 Frank Lyman and F. S. Storm, Jr... «'• a £ 18. A. Heal mi. l a 8 l'.r«in« ... im >■ I. A. D Hyrn.. and W. M. R«ad »3 v s ,| TIE ON ARSDALE LINKS. In the handicap at the Arsilale Oolf «"lub Neater 1 day sixteen players returned cards. K. m. Rlpley and K. Bancroft tied with a net «core of go. The ; leadliig »cor< > follow; k. m r.m-v . i:^r !I '.:> X^ F. Hancrort {.15 SB mi Bulltvan m* -;, £" Woodruff 82 _ 2; J. B. Baker m ~ L-: H. Mcßradley | M is S, f. 1- Pmith M.% 1;, ;;; X Rreblßh , 107 A? g' M»reh u± » 4 M BAVIER HAS GOOD DAY. Wins Two Prizes at Final X. Y. A. C. Shout. With the largest field of the year, the trap shoot ing season of the New York Athletic Club came to a close at Trovers Island yesterday. Twenty-five guns were present and six events were decided in terest naturally centred In the llnal lees of ti?» April Cup and the Unreins trophy. The latter viral a trophy for which the Mercury Foot gunners have be«n competing during the last two months It was at 26 targets, and yesterday's leg was tukun by W. N. Havler. It gave him two logs and as V p »|. ham and K. Bchnefller both had as many, a shoot off wan in order. This was won by Mr. Bavler who returned a card of 25 against 24 by P ivi ham and 23 by F. Bchaelller. Mr. Bavler also won the April Cup. He was high gun In yesterday's leg nnd It gave him a tie on the trophy with F. Hoduman. Bavler won tho shoot off by the score of '£> against XI. Fred Schaefller won one of the club shoots and In a special event, at 25 targets for a shield offered by E. Frieck, ho was also the winner, returning: a card of 24 out of a possible 25 targets. ■ a MR. RIDGELY DENIES RUMOR. Washington, April 27.— William B. Ridgely. the Controller of the Currency, who returned late to day from the Jamestown exposition, denied that the presidency of the Commercial Bank of Chicago, in succession to the late James H. Bckela. hud . *** offered h!i» ARMY WO NAVY NO'S. Contract To Be Made for Repairs of Statue of Liberty. (From The Tribune Bureau.] Washington. April 27. WIZiL LIGHT LIEERTTS TORCH.— torch of Liberty, on BedloWs Island, will shortly be IK. Lack of funds has prevented the government from the illumination originally designed for that im pressive object in New York Harbor, but a con tract will shortly be awarded by the Quartermaster General of the Army to make repairs and improve ments on Bedlow's Island to an extent estimated to cost the government about $t».OCO. These will in clude extensive grading of the approaches the in stallation of electric lighting, including eight arc lamps in the torch of the statue: an electric eleva tor and a winding stairway to the top. ORDERS ISSUKD.— The following orders have been issued: ARSt^ Major KBEX SWIFT, from 4th to »th Cavalry. Major TTREE R. RIVERS, from 9th to 4th Cavalry. Major BEECHER B. RAY. paymaster, from PepartmenT of the Lakes. May 81. to General Huayltal. Presidio of San Francisco. Retirement of Br!ga<S!er Central JOHN W. BLBB an nounred. ' Colonel RICHARD E. TROOfPSOH, a!«nal corps, from Department of i^Ulforr.la to Seattle as chief signal of fleer. Department of the Columbia, and a« officer in char«» Waahlngton Alaska- military cable and tele irraph system, relieving; Lieutenant Colonel 'William A. Glassford. slxnal corps, who wili proceed to San Franclaco. Cat., and report tn person as chief signal officer, Department of California. Second Lieutenant ERNEST BTECKER. rhlllpplne Scouts, from General Hospltar. Washington narratka. to Fort 8111. NAVY. Rear Admiral J. N. HEMPHII.I* detached from th» board of inspection and survey. Washington, to duty aa commander of the. third squadron. Pacific fleet. Lieutenant E. A. BROOKS, detached from the Alabama. . to the Naval Hospital. New York. Lieutenant D. P. MANNIX. detached from the Genera! Board. Washington, to duty on staff of the com mander, third squadron. Pacific fleet. Lieutenant R. E. POPE, detached from the Denver; to th« Alabama. • Ensign A T. CHURCH, detached from the Connecticut; to the Cleveland. Enslsrn W. B. WCKjDSOV, detached from the Atlanta: to the Denver. Ensign A. STATON, detached from the Cleveland; to the Connecticut. Passed Assistant Surgeon C. H. DB LANCET, from the Naval Medical School Hospital; to the navy yard. Washington. By cable from Rear Admiral J. IT. Dayton, com mander In chief Pacific fleet. Manila. April 25: Lieutenant L. SHANK, detached from th* Wilmington: to his homo. Lieutenant Commander F. MARBLFJ and First Lieuten ant A. C. ROGERS. U. B. M. C. to the Naval Sta tion. Cavite. Assistant Paymaster 11. L. BEACH, to th« Pennsylvania. MOVEMENTS OP VESSELS.— The following movements of vessels have been reported to th« Navy Department: ARRIVED. April 34 — The Chicago at Acajutla. April 23 — The Chicago at San Jose de Guatemala. April 2ft— The Mayflower, the Dolphin and the Pylph at Hampton Roads; th* Cincinnati at Hone; Kor.g: th« Baltimore at the, navy yard. New Tork. the Prairi» at Clenfuegoa. SAILED. • April 24 — The Chicago^ from Acatutla for San JeM Ct Guatemala. April 85— Th* Chicago, from San Joa* 4* Guatemala for Acapulro. April a*— Th* Milwaukee, from Santa Barbara far San Francisco. MR. WALDO MISTAKEN. Only Accidental Holes on Warships Plugged xcith Lead. {From The Ttibune Bureau. ] Washington. April 27.— Officials at the Navy De partment are at a loss to account (or the state ment alleged to have bee 1 mad» by Representative Waldo, of Brooklyn. In Boston last night. Accord ing to the reports which reached the> department to-day. Mr. 'Waldo said that in a number of vessels built by private concerns and subsequently sent to the Brooklyn navy yard for repairs or completion, rivet holes were found which had been plugged with soap, putty, etc. It is admitted that there is a sUght foundation for the literal statement, but It Is declared to convey a wholly erroneous Impres sion. In some rare Instances rivet holes bored la the wrong place and afterward plugged with lead have been discovered, but there has been nothing to in dicate that there was any Intent to defraud the government. In almost every instance such holes have been In the Interior work of the vessel. 'Where it was evident that some careless workman, had bored a hole In the wrong place and had subse quently plugged It up. Such holes, except In the armor of a vessel, do no barm, and such mistakes are likely to occur occasionally. Naval Constructor Nutting, who has been for five years on duty In the Brooklyn yard, said to-day that even these Instances had been so rare that there was not the slightest suspicion that there had been any effort to defraud, and he did not re member of a single Instance where any harm could have resulted from the plugged hole. H» had never seen one plugged with soap. There may bavo been a few instances where a hole wiui discovered to have been plugged with putty, but in th* interior of the vessel It would only b- necessary to r*mov* the putty «i.d replace it with lead. 1 » WALDO STICKS TO HIS CHARGES. Says the Louisiana Was Turned Over to the Government in Poor Condition. Whori s*en at his home In Brooklyn last night. Congressman Waldo reiterated his charge of faulty construction In battleships built by outside con tractors. He bal.l he knew of ships the plates of which were not prop«rly rtvitod together. Wood and even putty hail been us.-d to till the rivet holes In moro than one instance. "Tito Louisiana," said Mr. Waldo last night. "was delivered by the contractors at the Brooklyn Navy Yard an.l was said by them to be complete. in*[.'-tu>n showed, however, that her dock was all askew, her watertight compartments were In such. condition us to be .tin.. useless ■!;.! th* Mttnga In K*'i>erul about the vessel were In poor condition. The Navy Department sent a report to Washington telling of S3I.CUO which had t>»*en used for re pairs. The government employes worked six weelu on the boat before she waa In shape." Mr Waldo would not say that the Louisiana had ■ \->-'- in her plates, but said that sev eral hundred in the hull had to bo replaced. It was said at the navy yard yesterday ihat th<» Louisiana was not In condition for service when she urrlvtd at the yard ACCUSES COLLIER'S OFFICEBS. Seaman on Naval Vessel Says He Was Beaten and Otherwise Maltreated. liiv TMsgrash t.i The Tribune. 1 Norfolk. Vs., April IT.— On .1 warrant sworn out to-day by Francisco Jutingo, a seaman aboard the naval collier ■••ii.i.i. Captain J. T. Ropers and First Assistant Engineer Itelllv. of that vessel. were arre»terl charged by the com pi am ant with having beaten, wounded and Imprisoned him without justifiable cause and with having tired revolvers nt him. The defendant* would make no statement. Tlio iw will be li*?<rd on Monday. Both of the defendants were baited. .iut!n«i> allegea that he was maltreated while the vessel was at sea. The captain and engineer of the collier aw merchant men and not regularly enlisted In the navy. FOOD ECONOMY lluw In have Money ami eel Strong. Natnro always Moaosaisss. Tksis Is no waste in nature except jim man brinps it about. In kwpiiiß hp lif;- and onenry nature requires just so tttueb of Iks simple elements that go to uinko up proper tuoil — man ofteu causes waste of snsrgy '•>' overrating. A Minn, man cut down on bis food sehedulo a il was able to got rid of a lot of ills and be comfortable, Ho writes: "For '.'."• yearn I Kuff«*re»l from rhronle rheu matism and many other serious Ills, including Indirection, bt ads flits und sluc^islmess of mind and body, which were very trying. "I was advised by a doctor, who Is an nnl^nt advocate of Grape- Nuts, that my trouble lay hi too much food — too much meat — eaten too fast without proper mastication. He advised me to try-<inii*' Nuts. "An experiment of only a few days eonrlnced me that he w«b right. v . *; "I made the change and hare found Grape- Nuts not only valuable as a food, but extremely helpful to perfect digestion by thorough chew- Ing "Two eggs and a handful of Grape-Nuts with a little cream, thoroughly chewed, for breakfast now take the place of four eggs, some bacon or bam and a lot of pancakes or fried potatoes. "With a corresponding change In my other two meals I find myself for the first time In 25 yean entirely free from rheumatism. Indigestion and medical attendance. And my wife declares I am more agreeable and Intelligent than ever!" Name given by Postum Co.. Battle Creek. Mich. Read the book. "The Road to Wellville, In jpkgs. "There's a Reason." II Flmm ial World. Wan Street spent most of its time th& ■*•«,, waiting: for President Roosevelt's Jamesto^t a address, every pessimistic energy stretched to the utmost In forecasting utterances that w«j« going to cause a market upset. The speculatr*. oracles were not prepared for doctrine Ilka thia. which patriotism declares and -which patriot* will applaud: "We are unalterably determined to prevent wrongdoing In the future; we have no intentloa of trying to wreak such an indiscriminate vengeance for wrongs done in the past as wont* found the Innocent with the guilty. Our per pose is to build up rather than to tear down! We show ourselves the truest friends of nron. erty when we make It evident that we win not tolerate the abuses of property. We are steadU* bent on preserving the institution of nrivaS property." * **« In addition to its nonsensical shivers over eja "administration program" the busy bears wem full of woe over agricultural conditions. 0* course, at this season of the year crop damag* tales are due— they always come; and. quite M usual, the grain markets show their seasonal nervousness. Anything else would be abnormal. But any fair investigation at trustworthy sources will disclose this Spring relatively fc,. significant basis for the gloomy recitations so assiduously sent circulating— no more than for the yarns of wholesale "retrenchment" an 4 "contraction" by all the important railroads st the country, the same rumor mongerias sponsorship back of both, misrepresentations. Tet. naturally enough, the ardent distribution of so much circumstantial sensationalism has not been without influence upon th« investment as well as the speculative mind, for the sequel to the dreadful experiences begotten bj last month's destructive markets has not 'been to Induce carelessness as to any rumor, even such as are superlatively absurd. Fortunately thousi. in this particular instance there 13 refutation at hand from an unquestionable authority. air. ■, F. Yoakum. Chairman of the Executive Com* mlttees of th* Rock Island and Frisco railroad systems, returning from a trip through the Southwest, *ays. without any straddling quail, fications, that conditions in that section of th» country are highly satisfactory and that his lines still have more traffic than they can handle expeditiously. So far as his own line* at least are concerned. Mr. Toakum gays It looks as 1" the traffic now in sight would give the railroads all they could handle until the next crop moving season, and after that, of course, the volume of traffic would depend largely on the outcome of the crops— ln which connection Mr. Toakum says that the effects of the damage to the. winter wheat crop have been vastly exaggerated. Where wheat may have been killed It has la a great many Instances been replaced by cotton, corn ant other crops, which will serve to offset the loss on wheat. Discussing the curtailment policy adopted by some of the railroads, Mr, Toakum *ay 3 that it will not. in his opinion. have aa much effect on business as Is generally supposed. The Rock Island lines, he says, have altered their plans little if at aIL These are the expressions of a man who is as - theorist — a conservative man who knows— whose views are the result of personal obscrvatlar, specific knowledge. And with reasonable pesjtf such a statement will be conclusive. Testifying to the accuracy of these statentats, ts the remarkable exhibit of March earnings by Southwestern railroads. Both gross and set Increase are 'simply phenomenal. And this) rounds out nine months of the current fiscal. Tear in splendid fashion. It Is cow a certainty that when railroad books close. Juno tKK the* will show a year's business never before ap<a reached. The foremost problem confrontm* railroad) executive officers Is how expedltloasty to handle the vast trafflo presented. They are straining every energy to do the work of traasportatloa' thoroughly, and they can be depended upon tc use all means st their command. la sharp con* trust are the utterances and actions of thai] real railroad managers with those of the WaD{ Street managers who affect to shudder at every shadowy development. In general business, a* In railroad clrcles> there is intense activity. Demand for copped Is unabated, at record breaking- high prices, 1 Every pound which can be mined finds awaltts;' It an immediate and profitable market. This, condition Is not confined to our own country,, as shown by the signal strength of Rio Tints $ in the London Stock market. Copper is needed' everywhere, particularly for the manufacture' of electrical appliances, and there is not the* least reason to anticipate any weakening- of the 1 trade situation. Amazing prosperity Is maintained fa the steel business. Every manufacturing concern, from tho great Steel Corporation down, can accept no more important orders for 1907. but am busy making engagements for 1008. Just as In copper, so in steel, *Jemand Is world-wide an! in excess of productive capacity. This Is tha natural result of long maintained prosperity. The report of the United States Steel Corpora tion for the first quarter of 1907 will be made public this week and will give some Idea of how solid and enduring and how full of promise steel conditions are. J. P. Morgan. E'bert H. Gary. George W. Perkins and their associates buiMed even better than any man kr.aw when they organized the United States) Steel Corpora tion. AH money markets show easing tendency* Last week the Bank of England, the Imperial Hank of Germany and the Bank of the Nether lands each reduced Its discount rate, such action following largo offerings in the open market of funds at less Interest than the oGcial rates. Money in London. Paris and Berlin Is appearing In great volume fur Investment purposes. An example is furnished by the flotation In Paris «f a loan to tho New York. New Haven A Hartttrd of 145,000.000 fraru-s. and it Is probable that a number of our other railroads will take ad vantage of this situation to effect loans abroac. Certainly no better form of security exists than the short time notes or the well secured bonds sf a prosperous American railroad. In our own money market there ts marked re laxation. The call rato for the week centers* around 2 per cent, and the lender, not the bor rower, was seeking business. Plentiful tW funds were on offer at or below & per cent. A> ready we arc feeling the beneficial effects of MS Aldrlch law. which permits government funds actively to circulate instead of being locked «■ in the T.vasury vault. In the opinion of many expert*, the operation of this law wjl mag difficult the recurrence of }£ M » Tll^T 1 1^ which have heretofore sent the call loan T*» often soaring to 100 per -cent or over. • £t a«j rat,., one fact is estab«rtied-toer«Js^la«^ funds. Given a fair chance to circu^te, «- with some decent provision »J «»^!J" J panslon and contraction of ere- )»«• JJJ ample supply Of real money with which M I* ©rate our tinanciai system. Among the week's developments is one wM* is notable and may be of far reaching tonP-J tame. The Westlnghouse Company offers * *~^ ¥ stock Issue, and upon a new plan. Frese» stockholders are entitled to subscribe Inp^ tion to their holdings at the price of *^J-*~ a par value of $50. This subscription prW Just about equivalent to the actual mark* £ the stock. This is a departure from the » el !£ usually employed of offering •'«*» »JJ 8t section privilege considerably below mar value, resulting in the creation of Hghts^ immediately become a speculative Pf°*«Jsl Buch creation of "rights" is practically^ offers a bait to speculators. Under the Wes lnghooss proposition the company's treasury « m »*** full benefit of proceeds of the ■«» °i,££d while the company's ■hawn» * ni lM alSlngsa I Slngs os • an opportunity to Increase their^ngs •» . perfectly equitable basis. c^Set*3di a tempt to purchase In the open tnaT " e Ll vi.u i. fa Juteklirge advance. The progress of . tWj JjJJ cial operation will be Stowed wlthtee£» est- It seems a step in the right f tt: i n It Is fortunate that so Important »«*«£;- 0 ; directed by a financier of the S^jTrafi 1 £^hat is sterling progressive. IJJg^gf.