Newspaper Page Text
VOL. XXXII, NO. 347-
LOOKS BAD FOR
NEW YORK LIFE
TREASURER MAKES SINGULAR
FICTITIOUS SALE ADMITTED
Edmund D. Randolph Acknowledges
Selling and Immediately Buying
Back $800,000 in Bonds to
Bolster Up Statement
By Associated Press.
NEW YORK, Sept. 12.— Selling JBOO,
000 In bonds one day and buying them
back' the next but one, a holiday hav
ing intervened, In order to bolster up
■ statements made In the New York
Life Insurance company's report to th«
superintendent of insurance, was the
sensational disclosure made today at
the session of the legislative insurance
The fact was drawn from Edmund
D. Randolph, treasurer of the New
York Life Insurance company, late In
the day after Attorney Charlos
Hughes, counsel to the committee, had
labored for more than an hour to get
a direct answer from Mr. Randolph to
a direct question.
The inquiry dragged through a mass
of figures during almost the entire day,
but It was not until near the hour for
ending the «esslon that the sensa
tional feature was brought out.
Earlier In the day Mr. Randolph ha<i
handed Mr. Hughes a schedule of syn
dicate underwrltlngs and transactions
of the New York Life for the last ten
years. This statement was to show, as
a footn ote to the schedule stated, that
the company had participated in no
syndicate transactions that had been
closed out with a loss. Among these
syndicate transactions was the under
writing of the navigation syndicate or
International Mercantile Marine.
Mr. Hughes drew from the witness
the admission that an- aggregate of
J4.000.000 had been paid by the New
York Life to J. P. Morgan & Co. on
this "joint account." Mr. Hughes then
took up a sale Item dated December
31. 1903, of $800,000 of International
Mercantile Marine stock. Mr. Ran
dolph said this sale was made to J. P.
Morgan & Co., and that a purchase ot
$800,000 was made on January 2, 1904,
from J. P. Morgan & Co. '
- Direct Answer Insisted On
After failing for some time to get a
direct answer Mr. Hughes finally asked
Mr. Randolph: "Asa matter of fact
there was a report ii the superintend
ent of insurance on December 31, 1903?"
> ■"Yes." ••;'■': ;
"Then, the sole purpose of the trans
action was' that you might be able to
tell the superintendent of insurance
you had only $3,200,000 of International
Mercantile marine shares?"
Witness hesitated and tried to' evade
a direct answer but Mr. Hughes re
peated the question until finally > Mr.
Randolph said: "Yes."
Following the navigation syndicate
transaction, Mr. Hughes referred to an
item on the schedule of syndicate tran
sactions under the date of December
30, 1904, by wnlch $800,000 of bonds were
sold to J. P. Morgan & Co. of London
for $720,000. Mr. Randolph admitted
that this was an outright sale, and the
loss of $80,000 was charged off to the
profit and loss account. Mr. Hughes
left the' point and took up the connec
tion of an association known as "Ny
llc" with the New York Life Insurance.
He got from the witness the admission
that on April 11, 1904, a sale of $50,000
stock to "Nylic" was made.
How Collateral Loans Were Made
The usefulness of the New York Se
curity and Trust company to the New
York Life came out when it was testi
fied that while the insurance company
was not taking collateral loans it made
a practice of lending Its money to the
■ trust company, which made the col
lateral loans. -..;,'!'.
Mr. Hughes took up the accounts of
the money deposited with the New York
Security and Trust company in 1902,
which was called account No. 4. It
ran from $6,750,000 In May and Juna
up to $12,531,000 in September and end
ed well over $10,000,000 in December.
"Now," said Mr. Hughes, "why did
.you reduce the amount deposited with
the New York Security and Trust com
pany in July, 1904, to $1,600,000 and keep
it at that even figure to the end of the
year? , Your balance at the beginning
of 1904 was $8,000,000." V; '
Mr. Randolph professed ignorance,
the Impossibility of remembering every
transaction and interrupted r gain and
again. Mr. Hughes repeated the ques
tion and Mr. Randolph finally said:
.."It was a question at this time
' whether >oJ£» relations would continue
...wtttj^Jlfi* company. The consolidation
!J>»Jt<t^V New York Security and Trust
was taking place at this time."
This closed the Inquiry, but Assem
blyman Rogers, who was. ln the chair,
said to the witness before adjourning
the Bitting: "Some of the ' committee
are not satisfied with your refusing to
'give ; the names of those who partici
pated in the joint profit deals."
"In answer I would" say,", answered
Mr. Randolph,, "that It Is an ent'lrely
confidential matter;' there was no In
timation on thj part of anybody of bad
faith." '•■-• ': . ' .
Los Angeles Herald.
WILLIAM JENNINGS BRYAN'
OWENS VALLEY PROJECT
Engineer Grunsky Says People Jumped
to Conclusion Regarding
Special to The Htralrt.
WASHINGTON, Sept. 12.— 1n discus
sing today the contention between the
people of Owens valley and Los Ange
les over the proposed diversion of
Owens river, Engineer Grunsky was
reticent, stating that the reclamation
service was not a party to the quarrel,
as no project has been recommended
and the government has taken no steps
to acquire the. vested rights.
"The people of Owens valley, learning
that the project was being formed," he
said, jumped to the conclusion that the
work would soon begin.
"On the contrary, if the Yuma and
Kalamth projects are carried forward
as seems possible, It will be a long time
before anything will be done on the
Owens project, as there will be no
FOR A RECEIVER
St. Louis Court Asked to Remove the
Directors of the Columbia
Epedal to The Herald.
■ ST. LOUIS, Mo., Sept. 12.— A petition
was filed with the circuit court today
asking for the removal of the directors
of the Columbia Copper .company, an
Arizona corporation with offices in St.
Louis; for the appointment of a re
ceiver to wind up the affairs of the
company and to distribute the assets
and for an accounting.
Zach Tinker, the multi-millionaire
brewer, was president of the company.
Some of tht defendants, the petition
states, promised that they would each
subscribe for 35,000 shares and they
they would each pay into the treasury
$8750, which they have never done.
It Is alleged, that Tinker promised
that the company would erect a con
centrating plant near the mines, which
has not been done.
EMMONS TRIAL JURY
Eleven Have Been Accepted and Tak-
ing of Testimony Will Probably
.;: Begin Today '-.v;
By Associated Press.
SACRAMENTO, Sept. 12.— Eleven
jurors have been accepted in the case of
E. J. Emmons, indicted on a charge of
receiving bribes while a member of the
state senate. It is expected that the
twelfth juror will be secured and the
taking of testimony will begin tomor
The jurors excepted are: G. W. Stock-
Ing, P. H. Hanrahan, F..J. Gieseke, A.
Johnson, Felix Sermonet, Louis J. Well,
A. Popert, J. Kromer, A. Macy, W. H.
Sherburn and A. Dlttmar.
SCHOONER FOUND WRECKED
UPON ALASKAN COAST
By Associated Press.
TACOMA, Sept. 11.— A .Valdez dis
patch says that a three-masted
schooner.has been discovered ashore,
bottom up, three miles from Kakatag
Beach, Alaska, Her name was not
visible but a bill for goods was found
that was made out to the schooner
The wrecked vessel is apparently of
foreign build, but answers the descrip
tion of the San Francisco vessel of
that name. Four bodies have been
washed ashore. One is that of George
Fermling. but the others are' unknown.
The steamer Excelsior ". brought the
hews, to Valdez and wired to Sitka for
the assistance of the revenue cutter.
PROCESSION OF STRIKEhS
By Associated Press.
LONGWY, France, Sept. 12.— Cavalry,
armed with lances, today charged a
procession of strikers. One of the strik
ers was killed and several wounded.
The strikers were singing revolutionary
.sonss. - •'■'.■. i
LOS ANGELES, CAL.. WEDNESDAY MORNING, SEPTEMBER . 13, 1905.
DEMOCRATIC LEADER MAKES
HE DECRIES CENTRALIZATION
Nebraskan Given Hearty Reception at
Banquet in Chicago — Says He
Is Not a Candidate for
By Associated Press.
CHICAGO. Sept. 12.— William J. Bry
an, soon to leave for a tour of the
world, was the recipient of a notable
testimonial of esteem tonight at a ban
auet given In his honor by the Jeffer
son club at their rooms. Covers were
laid for 300 guests, and among those
present were Congressman H. T. Raln
ey of Illinois; 01110 M. James of Ken
tucky, Mayor Edward F. Dunne of
Chicago and Clarence S. Darrow.
When Mr. Bryan rose to speak he
was greeted with an enthusiastic dem
onstration and some minutes passed be
fore the applause had subsided suffi
ciently for him to proceed.
"I want to make my position perfectly
clear; I want to say to you that not
only am I not announcing a candidacy,
but I am not permitting a candidacy."
There had been warm words of praise
for Mr. Bryan, particularly from former
Congressman 01110 M. James of Ken
tucky and Judge James B. Tarvln of
Covington, Ky., and from Alexander
Troup of New Haven, Conn., who de
clared that Bryan was the legitimate
leader of the Democratic party in the
When Mr. Bryan, who came last on
the program, rose to respond to the
toast "Democracy vs. Centralization"
he deferred for a few minutes entering
upon his formal address until he had
returned thanks for the words of praise
showered upon htm by the speakers who
preceded him and until he had set him
self right upon the question of pos
sible candidacy for the presidency.
Too Early for Candidates
"I am not now," said Mr. Bryan, "a
candidate for any office. I have never
said that I would never again be a'
candidate for office, but I want to say
now that talk of candidacy for office
does 'hot effect " trie as it once did. ; '" I
believe; my place in history will be de
termined, not by what the people are
able to do for me, but what I am able
to do fy the people. ', .
"I. think It is now too soon to choose
a candidate for president to make the
race three years from now; it is too
early to pledge ourselves to any one
man. I trust that before the time
comes to name a man for the next
presidential nomination more light may
be thrown upon our party's pathway
and that a man may be chosen who
will be best able to do for the party
more than I have yet been able to do."
In his special speech on "Democracy
vs. Centralization," Mr. Bryan said:
"There are two forces constantly at
work in every nation, one force tend
ing to carry the government from the
people. To a little farther back, we
may start with a proposition that there
are only two theories of government —
one that a government is a thing cre
ated by the people for themselves —
this is the theory which is embodied
in our declaration of independence,
which declared that governments de
rive their just powers from the consent
of the governed. The opposite theory
is that governments are imposed by the
few on the many— such governments
rest on force. Few, if any, govern
ments now known entirely exemplify
e'.ther— nearly all if not all of them,
representing a compromise by the two
theories, but in every government
there is a tendency either in one direc
tion or in the other.
Sees Danger in Centralization
"Every attempt to take authority
away from a community and vest It In
some power outsida of. the community
contains a certain amount of infidelity
to the democracy theory of government.
"Just now public attention is being
directed to the encroachments of great
corporations on the rights of the people
and the discussion of remedies.
"The Jeffersonlan Democrat would
not take from the federal government
any power necessary to the performance
af its legitimate duties, but he recog
nizes that the consoldiation of all the
government at Washington would be a
menace to the safety of the nation
and would endanger the perpetuity of
"The investigation of the large life
Insurance companies has led to the dis
cusslon of national remedies and the
advocates of centralization are likely
to Belze on this agitation as an excuse
for legislation which will take the busi
ness of life Insurance out of the hands
of the various states.
"The Democrats should, draw a dis
tinction between federal legislation,
which Is supplemental to state legisla
tion, and that form of federal legislation
which would substitute a national for
a state, remedy. No national charter
should be granted to one Insurance
company and no federal supervision
should interfere with the power now
vested In the states to supervise com
panies doing business In such states."
BATTLESHIP MIKASA IS BLOWN UP
1 BATTLESHIP MIKASA, ADMIRAL
$ TOGO'S FLAGSHIP, DESTROYED
t IN THE HARBOR AT SASEBO
CAUCASUS TARTARS DECLARE
ARMENIANS ARE MASSACRED
Mutilated Children Thrown to Dogs
and Occasional Survivors Forced
to Embrace Islamism to
By Associated Press.
ST. PETERSBURG, Sept. 12.— A holy
war has been proclaimed In the Cau
casian districts of Zengezur and Jebrall,
where Tartars are massacrelng the
Armenians without distinction of sex
or age. The country Is swarming with
bands of Tartars under the leadership
of their chiefs. Many thousands of
Tartars have crossed thu Perso-Rus
slan frontier and Joined the insurgents
In destroying Armenian villages.
At the village of Minkend 300 Arme
nians .were slaughtered, , .Dispatches
say that /; mutilated children were
thrown to the dogs andf that the few
survivors were forced to embrace
Islamism In order to save their lives.
Naphtha firms are cut off from the da
llvery of oil fuel to the shipping com
panies, which are now confronted with
the necessity of suspending their ser
vices and discharging their employes,
which would result in leaving thousands
with no means of subsisence.
The salt works at Baskunchak have
been obliged to close owing to the
scarcity of fuel, and this will paralyze
the fishing Industry.
SOCIALISTS SHOT DOWN
Cossacks Fire Volleys Into a Crowded
Meeting at Tlflis
By Associated Press
TIFLIS, Sept. 12.— A hundred Social
Democrats were killed or wounded to
day in a conflict with Cossacks at the
town hall and many were trampled to
death In the disturbance.
Two thousand Social Democrats had
forced an entrance Into the town hall,
which was closed owing to the celebra
tion of a religious holiday, the behead
ing of John the Baptist. Revolution
ary speeches were made and the cap
tain of police ordered the meeting to
disperse. Part of those present obeyed,
but the remainder refused and some
revolvers were fired. A large force of
Cossacks drawn up outside the build
ing then fired volleys Into the crowd
time and time again, killing thirty and
wounding upwards of seventy. In the
ensuing panic many persons fell and
were trampled to death by their com
rades and the pursuing Cossacks.
Serious developments have arisen in
connection with the death of General
Prince Amilakhovri, formerly governor
general of Baku, whose body Is now ly
ing in a house in the vicinity of Tiflis.
The prince was regarded with bitter
hatred owing to the harsh measures
which he adopted when he was sent on
a special mission to pacify the Caucas
us, and the revolutionaries threaten thq
local priests with death if they attempt
to offer prayer over the body. No one
dares approach the bouse. Troops have
been dispatched to bring the remains
to Tiflis, and it is feared that there will
be disorders at the funeral.
BEIZE 5000 RIFLES
Finland Authorities Capture Arms
Smuggled In and Distributed
By Associated Press. ,
HBLSINGFORS, Sept. 12.— The cus
toms authorities today seized 6000 rifles
in the possesion of people in the neigh
borhood of Jakogstad, on the gulf ,of
Bothnia, which were believed to be
from the unnamed steamer sunk by her
crew Sunday, as stated In these dis
The Bteamer was discovered by the
customs twenty miles outside
Jakobstad,' and, . on the captain declar
ing she was loaded with rifles and am
munition, she was ordered Into port to
(Continued on Face Twoi
MUCH TO BLAME
PASSENGERS ALARMED LONG
BEFORE ACCIDENT |
KELLY HUNTED HIGH AND LOW
Travelers on lll.Fated New York Train
Claim That General Nervousness
Prevailed Prior to the
By Associated Press.
NEW YORK, Sept. 12.— Detectives
continued to search the city during the
night for Paul Kelly, motorman of the
Ninth avenue elevated train which
Jumped the track yesterday at Fifty
third street Junction and caused the
death of a dozen passengers in the
second car and severe < injuries to a
To all appearances Kelly has made
good his escape. A story reached th<3
police . last night that his sweetheart
had managed during the afternoon to
draw his money from a savings bank.
The motorman was a strike-breaker
who entered the company's employ six
months ago. He came here from St.
According to some of the passengers
on the 111-fated train things went wrong
with the motorman from the beginning
of his trip down town. At One Hun
dred and Twenty-fifth street, it is said,
he started the train with such a Jerk
that a woman carrying a baby was
thrown down in the aisle of the flr3t
car and the baby hurt.
Kelly came out of the motor box to
see whether she was badly injured and
a number of men passengers spoke to
him with some roughness, which he
resented. The passengers assert that
the train continued Its course down
town with sudden Jerks and stops
which caused much alarm long before
. No additions to the casualty list
were reported during the night. There
remained In Roosevelt hospital twelve
injured and in Bellevue 'hospital five.
Twenty-two others had been treated
and sent to their homes.
BUES FOR RESTORATION
OF MEDICAL LICENSE
By Associated Press.
| SAN FRANCISCO, Sept. 12.— The su
preme court today ; granted a writ of
certlorarl, returnable before the supreme
court In bank in Los Angeles twenty
days after the date of service, in the
matter of Jessie Hewitt vs. the board
of medical examiners. Miss Hewitt
was charged, by Mary Shands with
unprofessional conduct In advertising
a, medical business. Her license was
revoked and she brings this writ to
compel the medical board to restore her
and annul the order; revoking, her
Ucenae. , . i
PRICE: DAILY, BY CARRIER, 65 CTS. PER MONTH
RUSSIAN JEWS TO OBTAIN
DELEGATION IS ENCOURAGED
Messrs. Seligman, Straus and Kraus
Hold Conference With Russian
Plenipotentiary Shortly Be.
fore His Departure
By Associated Press.
NEW YORK, Sept. 12.— Before Mr.
Wltte left his hotel for the steamer to
day he had a conference with Isaac
N. Sellgman and Oscar Straus of this
city and Adolph Kraus of Chicago.
Mr. Seligman.sald after the confer
ence: "Mr. Witte allowed us to foresee
the emancipation of the Jews in Rus
sia and their participation in the gov
ernment of the empire in the same de
gree and proportion' that other Rus
sian subjects are allowed to partici
pate. Mr. Witte made no pledges; he
spoke.for himself as an Individual, but
Jt is well known that, while not ; In
power now, he will be soon. '
"The Jews In Russia will again enjoy
civil rights. Discrimination prejudicial
to the Jews, the injustice of which Mr.
Wltte admits freely, will be ended and
they will be placed on an equal foot
ing with the rest of the emperor's sub
Mr. Seligman was asked If the subject
of a loan to Russia to be made by a syn
dicate of Jewish financiers had been
broached, but he replied in the nega
tive. "The matter of a loan," he said,
"was not even suggested. Mr. Wltte at
the time of our first conference with
him at Portsmouth had expressed a
desire to confer with us further on the
question of the persecution of the Jews
In Russia and the visit Messrs. Straus.
Kraus and I paid him this morning
was In compliance with the expressed
wish of Mr. Wltte. We continued tha
discussion of economical conditions in
Russia where we had left off, cited
inequalities In the law and restrictions
particularly affecting the Jews and
suggested their abolishment or repeal.
"When we left Mr. Wltte impressed
us with the belief that the reforms
urged by us will soon be in effect and
that at no very distant date the Jews
of Russia will enjoy equal rights with
all other Russian subjects."
MISTAKEN IDENTITY IS
TROUBLE FOR STEWARD
Serves Lobster Out of Season to Dep.
uty Fish Commissioner and
"Ah! Good evening, Mr. Maler," sail
Steward I. M. Engel of the Palace
restaurant, addressing Deputy State
Fish Commissioner H. I. Prlchard, who
was waiting to be served Monday even
ing. "I suppose you would like some
thing rare (in a low voice leaning' close
to Mr. Prlchard's ear), something a
trifle out of season, a little lobster, per
"Yes, yes, Indeed I would," remarked
the commissioner with enthusiasm, an.l
after he had eaten, Engel was arrested.
It was a case of mistaken identity,
according to Engel's explanation to
Judge Rose as he paid his $25 fine yes
terday afternoon. I thought Mr.
Prlchard was Mr. Mater, the brewer,
and of course I wanted him to have the
best in the house," he said. And with
a great deal of firmness, added, "I will
see that tt does not occur again."
RAILROAD RATE BILL
- TO BE INTRODUCED
By Associated Press
MILWAUKEE, Wis., Sept. 12.— Tho
Esch-Townsend railroad •bill will be In
troduced at the next session of con
gress, practically in the same form that
it passed the house last session. ' This
was determined on at a conference be
tween Congressman Townsend of Mich
igan .'and Congressman V Esch . of; La
Croßße, .Wia., who fathered the bill.;-' -,
TOGO'S FLAGSHIP IS
Sasebo Startled From
Sleep by Terrific
Awful Sacrifice of Life,
but the Admiral
Fire at Midnight Quickly Reaches Aft
Magazine and Some Six Hundred
Men Are Reported to
By Associated Press.
S ASEBO, Sept. 12.— Admiral \ Togo'a
flagship, the Mlkasa, was destroyed by
fire and the explosion of her magazine
at an early hour/last Monday morning
while peacefully lying at anchor in this
harbor. Hundreds of lives, including
members of . her crew and men I from
other ships who went to the rescue,
were lost. ■ •' •.'■
This little town, which has suddenly
risen to a prominent eminence \ since
the outbreak of the recent war, had
spent a quiet Sunday, peace having
been established. The presence in the
harbor of several warships ' that had
taken part in the annihilation .of I th<4
formidable navy of a great power pre
sented an object of pride, but the quiet'
slumber of the night, while the people
were dreaming of peace after air. un-'
p«k*&lleled series of victories, was vio
lently disturbed a little after midnight
by a terrific explosion accompanied by
a severe shock. ' An ' eager 'crowd . as
sembled on the coast, r .only to discover
that a terrible disaster "had overtaken
the beloved Mikasa. the flagship of the
great Togo, who led his men to victory
In the life and death struggle m which
the nation had Just been engaged. V.
Words are powerless to describe the
profound disappointment and .sorrdw
attending this great catastrophe. The
absence of Admiral Togo from the ship
at the time of the explosion and the
hope that the vessel can be repaired
are. the only redeeming features of the
unprecedented calamity.' 'A deep feel
ing of sympathy, toward the unfortun
ate sufferers, coming,' as it does. Just
after' a cessation ' of j> hostilities, per
meates every class. ' '
AFT MAGAZINE EXPLODES
Constant Leader of Japan's Victorious
Fleet Meets Her Doom
By Associated Press.
TOKIO, Sept. 12.— The navy depart
ment announces that the battleship
Mlkasa has been destroyed by ? fire and
the explosion of her magazine, causing
THE DATS NEWS
Southern California: Cloudy
Wednesday; fresh southwest wind.
Maximum temperature In Los An.
geles yesterday, 80 degrees; mini
mum, 52 degrees. ,'•;",'
1— Battleship' Mlkasa destroyed.
2 — Nurse still missing.
3 — Exposition ship company formed
4 — Cape to Cairo bridge opened.
6 — Southern California news.
6— Editorial. ' ..
7 — Glass asks to be chief.
B.9— Classified advertisements.
11.12— Public advertising.
14 — Woman seeks damages.
Freight handlers' strike threatened In
Chicago, railroads refusing to arbitrate.
William J. Bryan given enthusiastic re
ception at Jeffersonlan banquet in Chl-
Russian Jew • endeavors to interview
Roosevelt, that he may appoint commit
tee to fix the price of coal. ,
Admiral Togo's flagship Mlkasa. Bunk In
Sasebo harbor with frightful loss of life.
Great cantilever bridge across Zambesi .
falls. East Africa, open for traffic
Tartars in the Caucasus raise banner of
Mohammed, proclaiming holy war. . « I
Burglar at Portland, Ore., tries to
chloroform family of five. ■ ' >'tl»»«#»iMjH
Honolulu schooner drives through hurri
cane with dead Japanese at the helm. '\ : . .
San . ■ Diego expects unprecedentedly
heavy. and early rush of tourists..
Los Angeles woman swears out war
rant charging r battery against motor-. ,
man and conductor whom she alleges
ejected her from'car. . - . ...
Ballerlno, "king of, the cribs," sued
for $107,660 by his. housekeeper. "WMH
. Four women accuse another of whip
ping them in a one-round bout. . • ,
Fate of O. J. Watkins now rests with ;
the jury. ' ,■*.•'•.'"■.;.'. • ■: ■■■- . -. ■ ■■■••.;->■*■..-'■
. Exposition ship company formed; will;. .
send delegation to eastern cities. : -*■ '.:' -A
': Another month's , delay before ehlef
of police is named. '•*•••• ■
i Few flaws are found ' in Polfttchnlo
school building.-. ;' dDfeHttfltafll