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THE ROCK ISLAND ARGU
FIFTY-SEVENTH YEAR. NO. 7.
THE ARGUS. FRIDAY, OCTOBER 25. 1907. TWELVE PAGES.
PRICE TWO CENTS.
Frightened Depositors Taking Their Money as Fast
as it Can be Poured Into Vaults of Weaker In
stitutions by Those With Cash to Spare.
SMALL BANKS FAILING
Trouble Extends Beyond New
YorkStocks Gather Some
New York, Oct. 23. A fund of $10.
OOO.OdO or more was formed at a con
ference held at the clearing house this
afternoon to take care of the money
needs of the stock exchange, and it
was confidently believed this action
would tide over the situation complete
ly so far as the stock exchange was
Carry Till Muuilny,
All loans made today will carry over
until Monday. The Trust Company of
America and Lincoln Trust company
had withstood depositors without diffi
culty up to 2:15 this afternoon and of
ficials of the companies expressed them
selves as confident of the result.
Severn! C'luar Iloorx.
Several financial institutions closed
their doors today, but this action was
without effect in larger circles. It was
believed the institutions were solvent
and that only inability to obtain ready
cash had caused them to suspend pay
ment, and it was hoped the suspen
sion would be only temporary.
t.rrat Iemnnl fur Fund.
New York, Oct. 23. Bankers organ
ized to support the stoek;rltehaitge
houses had about $15,(Ho,ro to use for
that purpose. Up to 2:43 p. ni. $12,
000,000 had been loaned at about 50 per
The stock market became rmite
strong after these effective relief meas
ures nnd prices were generally at the
highest point of the day.
Still PourinK Currency In.
New York, Oct. 23. The secretary of
the treasury is continuing to give finan
cial assistance in a large way. Another
large supply of small bills is being
rushed to New York from Washington.
A statement issued by the sub-treasurer
today shows the local banks gain
ed $28,707,000 from the sub-treasury
during the week. This represents in
large part the deposits of the govern
ment funds made with New York banks.
CnMh Through Snb-TreiiNtir-.
New York, Oct. 23. Cash amounting
to $4,400,000 was sent to the Trust Com
pany of America this morning througii
The International Trust company, a
small and inconspicuous trust concern,
closed its doors at 10:40. This com
pany had business connections with
the Borough Bank of Brooklyn.
The Brooklyn bank, at Fulton anl
Clinton streets, Brooklyn, did not ope i
for business today. The bank has a
capital of $300,000 and owes deposit
ors a million and a half.
Stoeka Advance nt Opening.
New York, Oct. 23. Opening prices
of stocks showed many wide advance,,
but in international issues they fell far
short, as a result of the London parity
established before the local stock mar
Morgan Kenewn Loans.
New York, Oct. 25. The large loans
made by J. Pierpont Morgan & Co. an l
their associates to stock brokers yes
terday when the brokers were demoral
ized were renewed today at 20 per
Brooklyn National Horn.
New York, Oct. 25. The First Na
tional bank of Brooklyn, with a capital
of $300,000, suspended payment today.
It owes depositors $4,200,000.
The failure of Gregory. Gulick & Co.,
members of the Consolidated Stock ex
change, was announced this afternoon.
The failure is unimportant.
The Williams Trust company of
Brooklyn, capital $300,000, temporarily
closed Its doors this afternoon. It
owes depositors $7,500,000.
neannae Payment to Depoaitorn,
New York, Oct". 25. The Trust Com
pany of America and the Lincoln
Trust company resumed payment to
their depositors as usual today. T'.ie
stock exchange made their daily set
tlements of accounts as usual to th-3
Secretary Cortelyou said this morn
ing, "There is nothing today to cause
me to change my former expressions
of belief that matters are steadily im
Brooklyn laatltutloa Clone.
New York, Oct, 25. The 'Borough
New York, Oct. 25. It developed
this morning a considerable number of
those in line at the Trust Company of
America and Lincoln Trust company
were not depositors, but persons who
had taken places in line in the hope of
selling favorable positions to deposi
tors who would be willing to pay for
a forward place. Wherever possible
these people were removed from the
line by the police.
Bank of Brooklyu, capitalized at $200,
000, with deposits of about $3,000,000,
did not open for business today. The
business is not very large and no
prominent financiers are connected
Klioile Inland Company Hit.
East Greenwich, R. I., Oct. 25. Tha
East Greenwich branch of the Union
Trust company of Providence did not
open its doors this morning.
Cornelius A. Sweetland was appoint
ed receiver for the company.
I'rovideuee Hank SuHueudM.
Providence, R. I., Oct. 25. Posted
on the doors of the Union Trust com
pany on which there was a run yes
terday this morning was the following:
"This bank will not open owing to th j
stringency of the money market."
CroivH About Branch.
Central Falls, R. I., Oct. .25. The
Central Falls branch of the Union
Trust company of Providence closed
Its doors this morning. A large crowd
is about the institution.
I'lttMhurK KxcliniiKe Cloned.
Pittsburg, Oct. 25. The stock ex
change remained closed today.
Pittsburg, Oct. 25. A feeling of con
fidence has overspread the entire situ-
lation in Pittsburg. A talk with prom
inent bankers this morning elicited the
information that "affairs were progress
ing in a normal condition and the banks
were in good shape."
Baltimore Keel Kflect. .-
Baltimore, Oct. 23. The run on the
savings department of the East Branch
Home bank continued this morning.
The bank has taken advantage of the
30 days notice provision. The deposi
tors are nearly all foreigners of the
more ignorant class.
Calmer Tone Shown.
New York, Oct. 25. A much calmer
tone was apparent in business circles
this morning. The success of relief
measures undertaken yesterday by J.
P. Morgan, John D. Rockefeller and
other prominent financiers, together
with the serenity with which officials
of the Trust Company of America met
the run of depositors on that institu
tion, gave great encouragement to the
bankers and business men generally
that no further trouble was to be
Hold But One Conference.
Last night pr.ed without any series
of conferences of bankers which were
held Tuesday and Wednesday nights,
except for an informal affair at Mor
gan's house. What transpired at that
meeting has not been learned.
One Darn Xot Open.
Announcement was made this mori-
ing that the United States Fxohamr-
bank, located in Harlem, would not
open for business today. The bank
has only a little more than half a mil
lion on deposit, and did an inconspic
uous business. There were lines of
depositors waiting In front of the
Trust Company of America and Lin
coln Trust company whea those insti
tutions opened for business this morn-
ing. Some of those in line at the
American building had been there all
Woman Keeps rinee.
At the head of the line was a woma i
who declined to leave her place evea
when the man next to her promised
to restore it to her this morning She
suffered considerably from the cold
The first advices from London toda"
were encouraging, American stocks
there opening from 1 to 4 per cent
EMPEROR ON ROAD TO HEALTH
Francis Joseph's Physician Will Issue
No Further Bulletins.
Vienna, Oct. 25. The physicians of
Emperor Francis Joseph today decided
to issue no further bulletins as they
J consider his convalescence progressing
Dr. Walter R. Gillette, Former
Vice President of Mutual
REMANDED TO THE TOMBS
Jury Decides He Testified Falsely Re
garding Company's Funds Be
fore Grand Jury.
New York, Oct. 25. Dr. Waer R.
Gillette, former vice president of th?
Mutual Life Insurance company, yes
terday was found guilty of perjury in
the third degree. This was the first
conviction resulting from the legislo
tiye investigation into insurance af
fairs. The maximum penalty is 10
years' imprisonment, but the verdict
was accompanied with a recommenda
tion for mercy.
Hemanded to Tonilm.
Counsel for Dr. Gillette moved for n
certificate of reasonable doubt and an
arrest of judgment. Justice Dowling
announced he would hear the motion
next Monday and remanded Dr. Gil
lette to the Tombs. During the trial
the defendant had been at liberty un
der $10,000 bond.
The jury was out one hour and 25
minutes. In the interval Dr. Gillette
chatted with his son and daughter.
If he was at all nervous he did not be
tray it, but when called to face the
jury he paled perceptibly, the pallor
giving way to a flush as he heard the
TeKtifled Falnely About Money.
The specific charge upon which Dr
Gillette was found guilty was that h
had testified falsely before the grand
jury on May 24. at which time he was
vice president of the Mutual. The in
dictment alleged that at that time he
stated that certain moneys in the
Dobbs Ferry bank were his personal
funds and that subsequently under a
cross-examination he admitted tho
funds were really the property of the
TRY TO GRAB MONEY
FROM THE SUBTREASURY
Pair of Bold Bandits Chased
. - and Caugh by Clerks at
Philadelphia, Oct. 25. Two mo.i
walked into the subtreasury here this
morning, grabbed $9,000 that was be
ing paid out to a bank teller, an J
started to run from the building.
Clerks and others gave chase. The
men were captured and the money
RECEIVERS ARE NAMED
Fisheries Company of Philadelphia Is
Philadelphia, Oct. 25. Local busi
ness circles received a surprise yester
day when it became known that the
Fisheries company, which is the prin
cipal factor in the Menhaden fishing
industry, has been declared insolvent
and temporary receivers appointed.
Joseph Wharton of Philadelphia, the
millionaire iron merchant, is president
of the company, and the impression
prevails that he will help it to meat
its obligations. The receivership ac
tion was taken by Mr. Haydock. it is
understood, to forestall possible in
junction proceedings by employes and
others which would have the effect of
tying up the vessels of the corporation
and property at a time when the fish
ing season is at its best.
SCHOOL MAN ELOPES; WEDS
Superintendent Reddic of Pulaski
County, lnd Marries Rich Teacher.
Winamac, Ind., Oct. 25. John Red
dic, superintendent of schools of Pu
laski county for 24 years, eloped yes
terday with Miss Harictt Zinn, a teach
er of Star City. They went to Logans
port, where they were married. Miss
Zinn is worth $100,000 in her own
right, and her father owns 1,800 acres
of land in northern Indiana. Reddic Is
a widower, aged 52, and has six children.
Chronological History of Hennepin Canal
1864 Iowa legislature memorializes
congress to construct canal from Hen
nepin to Rock Island.
1866 First survey made by state en
gineers under direction of Chief En
gineer J. O. Hudnott. Specifications re
turned showed that the construction of
a canal 60 feet wide and 6 feet deep
would cost $4,500,000.
1870 First government survey made
under direction of Engineer Gorman P.
Low, Jr. Specifications showed that
the construction of a canal 1G0 feet
wide and 7 feet deep would necessitate
an outlay of $12,500,000. ,
1870 Iowa legislature again memo
rialises congress to construct canal.
1874 Survey again made showing
that the engineers estimated. that the
construction of the canal, which was
Hundreds of Lives Are
Crushed Out During
JUST LEARN TRUTH
Two Hundred Bodies Taken
From Ruins Rain Adds to
Misery of Survivors.
Rome. Oct. 25 Details received last
night regarding the earthquake in Ca
labria in every way tend to show th:
loss of life and damage to property
will exceed by far the first estimate;;.
The highest estimate of lives lost, ac
cording to the first dispatches, was
120, but indications now point I)
deaths exceeding 40ff. It will be im
possible to obtain exact figures unlil
the ruins are cleared away and com
munication is established throughout
Two Hundred Bodies Taken Out.
No bodies were recovered from ths
ruins until 6 o'clock last evening. At
that hour about 200 were taken out.
It is now estimated the deaths will
pass 500, but it is impossible to gnt
accurate information as many villages
are still cut "off by floods and destruc
tion of roads and telegraph lines.
The earth shocks continue, but are
slight. In spite of the torrential rain
falling, the people absolutely refu.-e
to remain under any cover. They have
made their beds in the open.
GETS OTHER MARK
Lusitania Captures Record for
Eastbound Trip Beat
ing Five Days,
THOUGH HAMPERED ENR0UTE
Makes Average Speed of 23.61 Knots
from New York to Queenstown
in New Performance.
Queenstown, Oct. 25. The Cunard
line steamer Lusitania arrived here at
9:30 last evening. It has broken the
best previous eastern record.
The Lusitania cleared Sandy Hook
lightship at 5:44 p. m. Saturday last.
The time of passage has been 4 days
22 hours and 46 minutes. The best
previous record from New York to
Queenstown was 5 days 4 hours and
19 minutes.. This the Lusitania mad?
on its last run from New York.
Kurrfd to Mow Uown.
The Lusitania experienced rough
weather and was obliged to slow down
its engines. Its average speed for the
entire distance was 23.G1 knojs. An
official statement issued by the CunarJ
company points out that, traveling
against the sun, these figures mean
exceptionally fine steaming. On a
westward trip this would mean a daily
average of nearly 620 knots.
OBEY SPEED LIMIT ORDER
Missouri Pacific Protests, But Will
Comply With Nebraska Rule.
Lincoln, Neb., Oct. 25. The Mis
souri Pacific railroad has informed the
Nebraska railway commission that the
speed limit order would be complied
with under protest. The railway at
torneys claim that the order affects
to be 65 miles long, would cost about
1874 Iowa legislature again memo
1881 Boards of trade of Chicago,
Buffalo and Duluth, board of transpor
tation of New York produce exchange,
produce exchange of St. Paul, deep wa
terway convention at Davenport, and
deep waterway convention at St. Louis
endorse plans and memorialize con
gress. 1S32 Additional surveys made by
1882 Congressman Henderson of Il
linois introduces bill In congress pro
viding for construction of the canal. :
1833 Bill providing for construction
of canal passed.
1890 Captain L. I Wheeler assum
ed charge of work on canal
UTES GROW UGLY
A Miniature Indian Uorisina
Causes Troops to be Sent
ON THE CHEYENNE RIVER
Become Restless as a Result of Volun
tary Transportation from Their
Omaha, Neb., Oct. 23. Troops have
been ordered at once to the Cheyenne
river reservation, where It is reported
the Ute Indians have become restless
again after their voluntary transporta
tion from their Utah lands last year.
After dispatches were received from
Washington by Major Noyes, in com
mand of the department of the Mis
souri, ordering troops to be sent, re
ports were received last night saying
that the threatened outbreak was con
trolled before dark by the Indian po
lice of the reservation. The Utes yes
terday showed signs of starting seri
ous trouble and the situation became
so threatening that the officers in
charge called for troops.
Stir at Tarloun Fort.
Following the instructions fron;
Washington orders have been sent t'i
Fort Des Moines that four troops com
posing a squadron of the 2d cavalry
proceed with all haste to the Cheyenne
agency, where Indian Agent Downs is
located. It is expected the soldiers
will reach the end of the railroad to
night and will be at the scene of tho
uprising within 24 hours thereafter.
Orders were sent to the troops at
Forts Meade, Des Moines and Robin
son yesterday afternoon to be in readi
ness for instant departure upon re
ceipt of advices from Fort Meade that
Agent Downs had telegraphed for
Kort Meade 'earent.
Fort Meade is the nearest military
! post to the reservation, 100 miles dis
tant, but only one troop is locate 1
there, of the 0th cavalry. Seven are
at Fort Robinson, belonging to the Sth
regiment, 200 miles away, but the dis
tance by rail is least from Des Moines.
GIRL STEALS; MAY GO FREE
Confesses Theft from Government,
but Sentence Is Suspended.
Peoria, 111., Oct. 25. The federal
grand jury yesterday returned an in
dictment against Miss Ottie Louisa
Reed, former money order clerk at the
Pontiac postofflce, charging her with
the embezzlement of $1,000. Miss
Reed pleaded guilty to the indictment,
and sentence was suspended until the
April term of court. Miss Reed was
arrested last June and bound over,
though the facts of her arrest had been
kept from the public. When the young
woman faced the court and stood up
awaiting sentence Judge Humphrey
was nonplused. In the afternoon she
returned, but again the judge could
not muster courage to sentence her.
As the money has been paid back, the
action of the court is taken to mea.i
no sentence will be imposed.
FAIRBANKS IN KENTUCKY
Will Make a Special Tour in Behalf of
the State Ticket.
Louisville, Ky., Oct. 25. Leaving
Louisville last night, Vice President
Fairbanks will make a speaking tour
of Kentucky in behalf of the state re
publican ticket during two days. The
schedule for today includes Middleboro,
Pineville, Barbourville, Corbin, London,
Livingston, Berea, Richmond and Win
Chester. The towns to be visited to
morrow include Paris, Lexington, Mid
way, Frankfort and Shelbyville. It is
expected that large crowds will greet
the vice president at all points on his
Sheriff Injured by Prisoner.
Carlinvillc, 111., Oct. 25. After being
taken to his cell in the county jail yes
terday from the court house, where he
was convicted of burglary, Frank Pock-
lington threw acid on Sheriff R. E.
Jones, burning the sheriff's face badly.
Formally Opened at
1890 Congress appropriated $500,000
for work on canal.
1892 Congress appropriated another
1892 First dirt taken from canal at
Milan. Contractors start work on west
end of main line.
1894 Congress appropriated $190,-
1895 Citizens of Rock Island, Daven
port and Milan join in monster celebra
tion and canal is dedicated.
1896 Congress listens to plea of
Sterling and Rock Falls citizens ani
location of the mouth of the feeder is
changed to Rock Falls and $45,000 is
1897 Congress appropriated $875,000
and work on feeder is started.
1898 Congress appropriated $1,427,
1907 Canal is formally opened.
HANDS OF A
HAS LIGHTNING ROD
UP, HE INTIMATES
Middlesboro, Ky., Oct. 25. Before
leaving on his special train today Vice
President Fairbanks made a clear po
sition in reference to quotations from
St. Louis and New York papers to the
effect he was not a candidate actively
or receptively, for the presidency. He
said while in St. Louis he refused
positively to discuss politics, and that
any statement alleged to have come
from him in reference to national poli
tics or the presidency was entirely un
authorized. SOUTHERN PACIFIC
IS MADE DEFENDANT
Thirty-three Suits for $500 Each for
Alleged Violation of Stock
Law Are Filed.
San Francisco, Oct. 25. Thirty-thre?;
suits against the Southern Pacific have
been filed in the federal court at the
request of Attorney General Bonaparte
to recover $500 in each case for vi -lating
an act of congress to prevent
cruelty to animals while in transit oa
HELD FOR BLACKMAIL
Hugo C. Voecks' Charges Against
Actor Boomerang That May Re
sult in Imprisonment.
New York, Oct. 25. Hugo C. Voecks,
who is accused of getting $l,uoO from
Raymond Hitchcock, the actor, under
threat of publishing a damaging story
about Mr. Hitchcock, yesterday was
held by Magistrate Finn to answer to
the charge of blackmail. Mr. Hitch
cock took the witness stand and toll
how. under duress, he had given
Voecks three rings as security for the
$1,000 demanded, and finally how
Voecks had been trapped with marked
"Why did you give him the three
rings? ' askert the netenuani s counsel.
'Because he threatened to publish
this story which would ruin my name.
lo said a newspaper correspondent
had offered him $25 to sign a state
ment to the effect that I ruined his
General Allen Will Make Recommen
dations to Government.
St. Louis, Mo., Oct. 25 Brigadier
General James Allen, chief officer of
the signal corps of the United States
army, who witnessed all of the balloon
ascensions made here this week, was
much impressed by the performance
of some of- the airships Wednesday,
and declared he. would recommend in
his next report to the secretary of war
that several balloons of the dirigib1'!
type be bought or constructed for gov
ernment experimental work. "No largs
fighting force of the future will be
complete without its complement of
airships," he said.
SOLDIERS HONOR MISS GOULD
Given Recognition Usually Accorded a
General Army Officer.
Fort Leavenworth, Kan., Oct. 25.--
Miss Helen Miller Gould was accord
ed the honor of a general officer of the
American army by the officers and en
listed men of Fort Iyeavenworth in the
review of troops yesterday. She ap
preciated the compliment, the first of
its kind ever paid a woman at this
post. As the soldiers marched by ths
reviewing point the command was
clven. '"Eves right." They turned
their heads and looked into the smil
ing face of Miss Gould. She showed
plainly she felt the high complimeni.
AMALGAMATION IS URGED
Commercial Telegraphers Ask O. R.
to Act on Proposition.
Milwaukee, Wis., Oct. 25. The con
vention of Commercial Telegraphers h'.
midnight passed resolutions calling
upon the Order of Railway Telegraph
ers to amalgamate with the Comme-
ciai Telegraphers and that railway
telecranhcrs call a convention to act
on the proposition. Another resolution
denouncing S. J. Small was passed.
FIRST MEETING IN MONTHS
Cabinet Assembles After Recess Since
Early in June.
Washington, Oct. 25. The first for
mal meeting of the president's cabinet
since early in June took place today,
Those present were Secretaries Root
Garfield. Metcalf and Wilson and Post
master General Meyer and Attorney
Civic Federation Submits
Plan for Regulation
IN ITS FINAL SESSION
Would Have Nonpartisan Body
Weigh Whole Subject and
Report to Congress.
Chicago, Oct. 25. The National Civic
Federation today adopted the report of
the resolutions committee. The report
points out !hc necessity for immediate
legislation that w ill i timer more secure
the benefits already gained and better
meet changed conditions looking to the
removal of evils and grave abuses in
the management of trusts, combinations
and rebating by railroads.
Sonir of I tic Itccoiiuiieailnlionii.
Among recommendations for such leg
Permitting agreements between rail
roads on reasonable freight and passen
ger rates subject to the approval of
the interstate commerce commission.
The maintenance of all that the Sher
man act was intended to secure and the
safeguarding of interests it was never
expected to affect.
Creation of a nonpartisan commis
sion, in which interstate capital, labor,
ami the general public shall be repre
sented, the commission to consider the
entire subject of business and indus
trial combination, and to report such
proposals as to formation, capitaliza
tion, management and regulation of
corporations as shall preserve individ
ual initiative, competition and free ex
ercise of contract in all business and
industrial relations, at the second ses
sion of the approaching congress.
Requirement of complete publicity in
capitalization, accounts, operations,
transportation charges paid, and selling
prices of all producing and manufactur
ing corjxjrations where the operations
are large enough to have a monopolistic
Adjourn sine Mr.
Immediately after the adoption of the
report the convention adjourned sine
HOLD UP A TRAIN
NEAR LOS ANGELES
Bandits Wound Fireman and Rob Crew
of Freight of $300 and Watches
and Make Escape.
Los Angeles, al., Oct. 25. Three
armed men last night held up a freight
tram within five miles of the city, sho
and wounded the fireman, robbed the
crew of $300 and two watches, and
ABANDON VESSEL IN OCEAN
British Steamer Pampico Deserted by
Crew All of Whom Are Saved.
Baltimore. Oct. 25. A cablegram
from London to the Maritime exchange
today says the British steamer Pam
pico was abandoned in latitude 47
north, longitude 32 west. The crew
THRIVES ON PEANUT DIET
Aurora Man, Despite Loss in Weight,
Says He Feels Better.
Aurora. 111., Oct. 25. During the
first week of his 60 days diet of pea
nuts Dr. T. J. Allen lost 10 pounds.
He says, however, that his mind U
clearer and his body more vigorous
than in years.
Dynamite Explodes; Four Killed.
Ashland, Wis., Oct. 25. An explosion
wrecked the No. 2 mining mill of the
Atlantic Dynamite company's factory
yesterday. The mill is about six miles
southwest of Ashland. Two hundred
pounds of nitroglycerine explodded.
The cause is unknown. The dead are:
Arnold Hustland, 33 years old; Ole
Wicks, 19 years old; Peter Wicks, 17
years old. A fourth man killed cannot
Meet Next in Springfield.
Jacksonville, 111., OcL 25. The Asso
ciation: of City Attorneys and Clerks
of Illinois elected officers yesterday as
follows: W. M. Morrlsey, Jackson
ville, president; Henry Waltersoa.
Geneseo. vice president; John H. Sold-,
wedel, Pekin, secretary, and John B.
Chick, Leroy, treasurer.- Springfield
was decided upon as the next place ot
meeting. . T :