The Detroit times. [volume], January 30, 1917, NIGHT EDITION, Image 1

About The Detroit times. [volume] (Detroit, Mich.) 1903-1920

Image provided by: Central Michigan University, Clark Historical Library

                
COMPLETE MARKET
REPORTS—LATEST
SPORTING NEWS
SKVKNT KKN T II VKA K . NO. 10#.
Shaw Praises Wilson Peace Plan
CHICAGO GOT “LEAK” ALSO
PRESIDENT’S ADDRESS TO SENATE
DREATESTDTTERANCE SINCE DAYS DF
LINCOLN, SAYS RRITISH SATIRIST
America Once More on
Ritfht Track, Asserts
Famous Litterateur
Hu WILLIAM PHILLIP SIMMS
\ytofl i ormpoiuirnt (. ruled Prftt *
WITH TIIK BRITISH \KMJKK
IN' FRANC). Jen ’•i. i Bernard
Shaw refund* I *r» -suit nt Wilson*
►peech to the .~en.it* must r*
markable utterance s>n<e :.»ncoln
tpoke.”
England's famou * j’lriat, novel
15l dramatist and ..uthor paid the
.at president li. t<»mplimen’
whilo on a visit to the British froiv
’ (»da> j
"I consul* r lus speech stupendous
1> Important,” -i** de* lared “With
one Strok*- he -»*t America on the
right track again I never under
Hood the Imperial America of 11-vose
\elt -but Wil*M*n has r* habilitated
American d*nioeracv. The country
of Lincoln has r*-found it •***?f **
Ask***! for hi* Int* rpielation of
the phrase "peace without victory,”
Shaw responded
"Pence based upon Justice-—that’s
nil It’s i*erf*s'» nonsenre f**r the
people to I*elU ve W ilnor. I** Ger
many's cats paw or that lie advo
• ate-* a German made peace.”
WILL INCREASE
THE DIVIDEND
ON GEN. MOTORS
According to an apparently well
authentlratf'l report among Detroit
broker*, the General Motor* corpora
tion' will soon plain it- new com
mon stork on an annual 12 p*r cent
basis, an Increase of *• i>jt per rent
per year. The earning* are now at
the rate of |v per < > nt on the eom
nmn
WOULDN’T TRUST
HANK: IS ROBBED
Refusing to nepoalt his saving* in
the hank*. John I’etr, of No. 41k
Patn \fotth nv* bought f.’.'.O sor'h
of postal saving* certificates und se
rrefed them in hi* home Monda>
afti moon he rojtorfed to the police
that thev had been stolen and inves
ligation revealed that a man siting
bl« name n* Mike Phamev had pre
entr-d then) at the |m*toffice and
had received the nionej Police are
looking bit *'hnrne\.
Separa*lor of City from mate and
national elet Mon* is jijred hr Kd«ln
I»enhy in , letter i.eing distributed
to meuiber« of the lMtroit Board of
Commerce lie urge* that ihe mem
bership expre th« it opinion* m
that ‘fiiur propoa.tlon carrying on
this Idea can he presented to tl •
electors it the \ prl! election
The Times "Ad-Mirror" Will Defend the Public
Against the Advertising Crooks
gJ \ I* I HFRANrK of its policy to protect newspaper mu ors
► ’ hr»in*t dishonest, misleading' and questionable advertising, The
XwBI limes is establishing on its editorial page a department dealing
with the irregularities of Advertising and the advertiser. The first
installment w ill apiiear in an early issue.
It v- ill l>e strictly the reader’s department—your department—not that
of The Times. --
It will l*e maintained to presene the integrity ol business and adver
ti'iu *o give the adxertising reader who has been defrauded, misled or
swin iled .in opportunity to present his case.
In launching this department. The Times is merely amplifying a long
* tabli -hed work borne out in its slogan: "If The ’lime.- print* it, The
Times Itelieves it."
Ihe Times has fought steadfastly and persistently for "truth'' in
advertising, for fair dealing Iwtweon the buyer and the advertiser. Against.
gr*’at odds it has battled featlesslv an*! earnestly to oust the advertising
• .{Jr. ft "crook” from newspaper space; to banish the quack and faker who speeu
htG’s in advertising to prey on the gullible; to supply a safe medium
“Ad-Mirror** or rr^a^r advertisers.
*r. I hi - department will welcome communications signed w ith the writer's
mime and address relating r to any experience of unfairness l>etwoen the
Ti mes buyei (U.d the advertiser.
RACES
Now Orleans Results
Fir*! Jlic# For-3-y*ar-olds and ut>
r furlonas M»rg*-r> *7 ((’rump), i
t" 1. 7 t 10 wrtd 1 t" 1 vv.>n, Dari. !"’•
i Wit Man* i. 4 to l # r*> j *nii < t r.
ser**r.d; Tentin' f)'* ' M*r’ ltti-'i to
J. ? tn i *nd . v *<n. thir«t i
1 :* ?-.i Wolfs I tat Its Kit*’« *’harry,
.limit!". On • hank Mia* Ttpperar y, M*e
*• until, * ’«* 1 Me Nab. i'!*‘<l<rr and
Moi <}'•' TV « ni) ran
Se«’. >n*l tin •• en'-oltH and up.
sell tut f, fu'b>ng* Mr Ma< k 1 <*“
* 1 ’ )• p * * t■ i in i ami I
•»r>n It >' a I Irt* •- t. 1 i * It. v ton i
t > 1 4 *•> .• at:*l 1 to !. ser-nni,
M#r. 1o( R-d’inson >, t<> 1. *>.*•*, ami
1 to 2, third Tin * T-5. toin
dr/■i r* . I’l '(rrex'ne. I’muklH , l. Ilia
Kninn and I ncl*- .Itn-nlb-■«!*•» ran
Third Ha 3-year-old*. B fur
t->ng* Merchant, t .< rump), .* i
I. 4 t<> a «p-l I to 3. w«n I»r Tick
1 >a ti, '(entry), Jt t*> ft. V to r. andl
t*> 4. *«••-»n«1 tt hv*r- ’ n ‘* * Hannve i
' t . 1. ucn »nd . to third Time
I J. !:i \\ . Itaaein <
M;sh Shot anl jr la n. also ran
Havana Results.
First Rare 3-vear-old* and up
•e'Mnv r -*•» ft rl<<na< Old Drury '*o
(Wln«fl*fld>. li to 1. « t<> I and 3 t.
1. re* tt. Uoppartown, lOS <Hyan), 4
to 1, « to ‘ and ♦ lo ft ** "nd; <’ha*t
ra< h. 114 in Ryan). 3d t" t 1* t * • l
and 4 to t. third Time. 1.01 J-* lU
nterkoji Kdlth <>lga Ntrnn* , J, V Ji.
I«-wlr * .pper. Hill I ley, Miss f’rimitv
Mazurka and « apt I Allot t ran
Sc ond lta< e- 3 • vear-old*.- and up
•e'hnjr. r,'j furlong* l.urTTle n jjj
*lt Watt* i 4 to 1. e\ en and 2 to ft,
w n Encore. l«ft (Klee|;et). 1 to J.
out. out. eecondt It a ’|»e »n T. 10(1 llirayi
i to 1. ‘ to A Hn 1 T to I*l, third Time
t 0* . \ Mr- M Hattie Hurton.
Telia T’alm an<l Montcalm alao
ran
LATE NEWS BULLETINS
U OUIIMITOI. Jen. .30 #ll
mllltlnmen *(atl«n«-ti nt border
vv OI be en runte Home •-•nan.”
Secretory fleker today *ald that
■ Her the laoiement nl tbe Heat
XV.*MK) ha* been completed the
brilnnce 4*ol He went borne a* rap
idly a* transportation (aclinic*
»4||| permit
\l:w > HRK. Jan .11)—1 he
I nlted hfale* |o4ernnient. thru
attorney* here, today Hied anil
In federal dl«tr!< t ,-onr* aaalnat
the I’** - Vinerti*** <-ominl**ton
and the Heauladora Oel Men-adi*.
of V ueafoa. allealnp a f-omhlna
f4np to reatealn trade In alaal la
Violation of the ahermon antl
tro«t la 44. Staal I* the principal
article naed In the manufacture
of binder 144| ne
KILLS FOUR SONS
WITH AKSKMC
IN PANCAKES
DANT'DRTH, III*. Jan. 30—Mrs
o J Meinfjt, wife of u farmer liv
ing wept o| here, killed her four
sotib «n*l her grand-cn b;. niixfnr
fenic in pnneake flour.
In the farm Doust toda- are the
ho*Jl*-* of ThecHlorv . Ervin, Mino and
1 re»i Mein:.-, yotih, and Clarence
Melnfs. ;:nn*lson. the son of Sefyo
Melnts
DETROIT TIMES
*AI-' , • - '
REAFFIRMS
OOCTRINE
GE MONROE
Lewis Wants Senate To
Declare It Still In
Effect
WOULD DEFINE
WILSON SPEECH
Wants To Remove Idea
It Abandons U. S.
Traditions
WASHINGTON, Jan. 3©.—Th«
aenate will not discuss the presi
dent's recent address to that
body on the subject of s league
to enforce peace.
Senator Cummins’ resolution
asking debate was this after
noon tabled by a vote of 38 tn
30. after a day of "preliminary
debate.”
One Democrat, Senator Mar
tine, of New Jersey, voted
against ending the debate.
WASHINGTON. Jan 30. Senator
Itcwis, Iseniocratlc whip and nd
mlnistratton leader, today preaenfed
a resolution in the senate defining
th*’ prt sidenfs recent address to
that body as not proposing sholi
tinn <»f the Monroe doctrine '
The resolution follows
Repoß e<4. That It I* th<> ornae of
the United Mate* aenal*- »)>at th*
s<tdre«« .-f the preanlent <->f the T’nlt
»-d State*/, delivered to the aenate on
the t w entv -*e and d*\ of .lanuary,
ISI7. doe* n>>t propoee the Hholteb
tnent nr litnltation of the Monro#
doetrifte *>f An'erl-a tn its >>r
sppll* alien to an\ part of th« *mi
ern hrnd'phere, nm d*«e* ; t propose
In send the armv or navv **f the
l.’tvlted states, nr anv military or
naval p/-«er of the l'nit*d State* tn
anv f"reign territory, ex *>pt when
n*e**«ar) t*> preserve the pea-e of
the United State* *>r. t<> protest the
l i*t rights r.f \niert-s *>r )m#rii ini
where the same nie asaalled
Senstoi McUuniber. Hepubllran.
fnilov eil Lewis’ nrtltin by offering
.i resolution indorsing the pre**|
dent’s wish for an rnrlv peace
among the European nations, bill not
agreeing with him in "the peace
without victory ’ phase of the mes
sage.
Print lap-—the plain neat Hind—that
I* rlaht—r*me* Job Dept.—-Main IS2(l.
TI KSDAY, JANI'ARY .'JO, 19 17.
SURVEY OF
ROUGE IS
ORDERED
Would Add More Than
Four Miles of
Dockage
DETROIT TO RE
PORT OF CALL
| Contemplated Improve
ments Outgrowth of
Ford Plans
Ma\ H. Hurg' , »-. engineering
• orj r s A . nonflrd Monday
b> hi?* headquarter* In Washington
to proceed at once to make a aut
'ey and estimate of coat of improv
ing River Rouge for a distance of
four and one half miles from the
point where the atre*m flow* Into
*he ivtrolt river.
The order indicates that the fed
eral government Is losing no time
in making r>etroit. for the first time
In Its history, a port of call on
the Great Should MaJ. Bur
gess recommend that tba Rouge cm
deepened anil widened, the largest
,of lake freighters will be able to
i carry raw materials for manufac
turing directly to the city.
I On the movement to make the
Rouge navigable, also depends the
I success of Henry Ford's proposed
tractor plant, as the stream would
, he Improved to the tipper end of
{ the Ford property. Having over
' come the obstacle thrown in hts
j way by the Dodge Bros suit. Ford
■ now seems to be assured of push
ing out of his way another obstacle,
for It has been his plan to have
steamships unload ore at the docks
of his new plant
I>etroit. with its immense water
frontage, its gigantic manufactur-
I ing Institutions, has had practical
i ly no facilities for receiving freight
from lake steamers other than pas
senger vessels that have limited
space for freight The raw- tna
terlal of the manufacturing plants
has been sent in by railroad. Rev
eral manufacturers, particularly the
steel men, have agitated for a long j
time in favor of a movement that
, would provide the city with dorks
suitable for the freighters They
declare the cost of transportation
by water, as compared to the rail
road rates. Is so low that manufac
, Hirers could save hundreds of thou
sands of dollar* annually
Should the Rouge lie made nav
i*ah>. a new center of the city «
1 industrv would, spring up as docks
are built along the waterway for
the four and one-half miles up to ,
! the Ford plant
1 It is roughly estimated that the
government would hav* to spend
but s.'>oo 000 to make the improve
nienf. MiJ. Burgess declared to The
Times Tuesday, that he would com
plete his survey and estimate of
*o*t within three weeks His r»*
port will he forwarded to Washing
to i for the approval of Gen Wil
liam M nirtck, in command of the
engineering corp” Should the te
port he In tlie form of a leromnten ;
dntion that the woik he done, a*
-ecm* probable, and ts ft Is ap
proved by Gen Black it 1s certain
fh;.t the proposition Will be before I
congress when ft meets in apectal
e j *inn ne,t summer
The Roure at present is about
100 feet wide If the large freight
ers are to make their wav up the
stream, It will have to he widened
to "00 feet. For a distance of three
miles front the Detroit river, the
Rouge |s 18 feet ip depth The re
malnlng mile and one half is t.l feet
deep in his preliminary report. !
which erred as th*» foundation for
the order to make the survey and
estimate. Ma.l Burgess declared it
would be necessary to make the j
river 21 fe**t deep
The bottom of fh* Rouge is of
sand and other soft formations, and
no engineering obstacles of magni
tude are anticipated
TW K rot ON S ••Kll.Tir.S”
band wn*l **i en ether vaudeville fea
ture* Miles Theater, Ff'dav right
"Fcotch N’;ght." Adv
CANDIDATES
ARE BACKWARD
Tho Ony 1 1 Days Remain Few
Office Seekers Have
Filed Petitions
One candidate so- r** oni- ’. tl.ree
for alderman, and !4 positions on
the seven man school board have
filed their petitions td oat* with
Cit) ("erk Richard Lindsav Gan
K dldate« have until Feb 14 to gei
their petitions flierl s<> their name.*-
may go on the ballot at the spring
p: iman March 7.
Those who have filed the,i j>**i
tions are
Recorder Eugene I „ Mistersky.
Republican. No 129 Kenilworth «v**.
Alderman, Fourth ward Fred J
j Wright, Jr., Republican No. 297 Sec
| ond ave., and Chari** A. Watson.
I Republican No. 9*Jl Third ave
Alderman. Tenth ward William
i V Out hard. RepuM’ean. No. 170
wood ave
School Injector Melvin Lewis;
Burdick. Republican, No. 21 Forest .
mve west, two, four and -lx year j
terms; Joseph C. \ rmttpong. Re
1 i-bl’can. No 12 Wntson-st., two,
f -ur and sivvpar terms. W. N. j
MofTett, Republican, No. 31 Peter
boro-st.. four year term; H H Dick
inson, Republican. No. 345 National
ave., two-year term; William Kauf
man. Republican, No. 976 Holcomb !
ave.. two-year term; Charles H.
Sansone, Democrat, No. 146 Field
ave., two-year term; Chnrles L.
(Clark, Republican, No. 51 Holbrook
ave., four year term. Dr. John B.'
Hall. DeihormT.tHf> f^firywttw
ave. west, four-year term; Daniel L.
Powell, Jr., Socialist, No. 594 Me-
Clellan-ave., two-year term; Man
fred H. Hermann, Republican, No.
.*>9 Owen-ave., aii-year term; Joe
I.aMeasure, T)einocrat, No 565 West
Grand blvd., two year term; Dr. An
drew P. Biddle. Democrat. No. 187
RemLnole-ave.. two-year term;
Charles Moore, Republican, No. 61
Maplewood-ave., two-year tern), and
Robert C Barnes, Republican. No.
207 Josephine ave , two-year term
Petitions are being received very
slowly in the office of the county
clerk. So far Judg** George P. I'os
mer is the only candidate to file for
< ircuit Judge. The dean of the rir 1
cuit court jurists paid a fee of $12.50
to the county clerk Monday.
Either a nominating petition sign
ed by a number of persons equal to
Iwo per cent of the vote cast for
secretary of state must he placed
with the county clerk, or the cash
fee computed at one half of one per
cent of the salary of the office
6,000 MEXICANS
FLEE FROM VILLA
Pu WEnrt r. miller.
[Staff Porreapon<t*nt f'm fed Prrs* i
BL PASO, Tex.. Jan .10 Bifteen
htirdrtHl Vllllstas under the Mur
f tlla brother* are en< am pod at San
Puena Ventura awaiting the final
movement of C»cn I’erahing'* force*
from the ('a*a* Grandi * district,
United S*ntes authorities here an
nounce l todir A fen miles from
( iisa* Grande* mailer hand of
Villlata* ate waiting to nia- h in a
f* v hours after the Americana
march out.
Nearly fi.f* n refni.ee* are leavng
'lit entire district, the authorities
here *av. Most of them at* Mevi
t an :
WILSON VETOES
LITERACY TEST
WASHINGTON. Jar. 3<> Pr.-i
tient Wilson la*t nigh* for the «**r
ond time veined the immigration
Mil. The measure, recently passed
by rengresv. contained the literacy
teat which the president had
v lonely held to be objectionable
Similar measure* were vet,M>ff.-h>
President* Taft and < Iceland
T very mueh regret to return
thl* hill without my signature," *%id
the president In tit* message. add
ing *'fn most of the provision* of
the hill T should be very glad to
concur, hut 1 rannnt rid myself of
the ronrlrtion that the literacy test
conafitute* a radical change in the
poller of the nation w w “h la not
justified in principle."
CONFIDENTIAL MESSAGE FROM WINDY
CITY GIVES PROBERS FIRST DEAL CLUE;
BARUCH MADE $476,168, HE SAYS
JOURNAL
IS SOLD TO
OUTSIDERS
New York and Toledo
Men Acquire L/'cal
Newspaper
NONE PLANS TO
RESIDE HERE
Will Give Absent Treat
ment To Detroit
Interests
|
IT— ■ ' „ , ,
JOURNAL ONCE MORE
HAS NEW OWNERS
The Detroit Journal wan i-tart
v*(l by William Livingston** ami
William K. Mrenrlv In a small
huflding on Congre.ss-st. west, cn !
the sk> of th- Penobscot build
ing, in 1883. Some year** later j
Mr. Living**tons sold out hi-* in
terest to Mr. Brearly, but was
obliged lo tak** bark the paper
again ir. 1891, owing to complica
tions regarding the contract the
late Senator Thomas W. Palmer
then having an Interest.
These two gentlemen contin
tied to own the paper until ifiOi,
when if was sold to E. D. Mair.
Frank <\ Andrew.;, A I>. Stephens.
Dr. J .1 Book and <*harles 1..
Palms Mr Sr.i!r continued in
control until the >-aJ. just made,
and Mr. Paints retained his stock,
W. H. Lowe also having an inter
est which he acquired several
vears ago.
The Detroit Journal changed
bands Tu* -day morning and went
into the possession of (ttnoftown
owners for ihe first time in a great
many years. While the fortunes of
the Journal have been guided by
many different interests In the last
2ft years, usually the control ha
been held in iH'trolt. Now it goes
abroad
The new- owners arc Paul Hlock.
<\ Vernatn, 11. R Thalheimer
and N C. Wright, not one of whom
lives In Detroit. Mr. Hlock « a
big advertising ag*ncy head with
headquarters in New York, while
M-. 4 Thalheimer and Mr Wright
have their homes in Toledo. Mr
\ ernant is a New York magazine
publisher.
According to the editorial in ihe
Journal of today, the fir-d under
the new management, in which the
change of ownership is announced,
t* Is *aid that th* new owners will
control he edrorial and advertls
inc policy of the n< w spaper Th* y
will, apparently give ;t the absent
treatment, a< the new owners an
m.'inred in n conference in the
Journal offl'-e Tuesday nt(*rning.
that there v*il| l»e no changes in
the editorial si.*ff »• it is now os
tthlished
Mr Thalheimer '*n*l Mt \\ rigid
\a.re now proprietors of the Toledo
/fUad« and th* Newark New .* P.m.le,
Th** Journal will he the third in*
their string of papers
FJ D Stair and other stockhold
ers have sold out the entire prop
er»r and not merely control, ac
cord I fir to the present editor
of the Journal The chief holder of
strv k »j« Mr S»air. Associated
with him were numerous other** hut
only two sign th« statement of the
sale which appears in the Journal
of Tuesday They are W R levs i
who resigned recently as general |
manager, hut who retained most of
NIGHT
■ EDITION
hi* stock hold./■««*, arid <\ ],. Palms,
whose Interest lies largely In the
real estate occupied by ih** Journal
building
Mr Stair who has been consid
ered the chief owner, states ihat he
sold Mi** paper because his health
was none too good under the man'"
business enterprises of which he
wa« the head, and that he is unxi
on* to curtail his activities
On (he heels of this announce
ment. however, conies* another that
Mr Biair is increasing his real es
tate holdings downtown and con
templates large building activities.
Thfs is a rumor, however, and has
not been confirmed
As has been the case since they
her am e associated a dozen years
ago. Mr Wright will direct the edi
torial and Mr Thalhelmer the bus
iness activities of the Journal, of
course, by mg.ll or wire, for neither
contemplates living In Detroit.
In Tuesday’s Issue of the Journal
the new owners also make a state
ment in which they nay they will
’endeavor to maintain the high
standard of good citizenship and
clean journalism that has marked
the past management of the prop
erty.’^
The statement alao declares that
the political policy of the paper will
not be changed, and that while It
will be Republican. It will hold "It
self Independent of partisan control
and will wear no collar or hold any
brief for any class or interest.”
U.S. STEEL CUTS
DIVIDEND MELON
Dne and Three-Fourths Per ('L
Extra Issue Paid On
Common Stock
NFJW YORK. Jan 30 The United
States Steel corporation this after
noon declared an extra dividend of
! 3-4 per cent on Its common stork.
This wns In addition to the regu
lar dividend of 1 1-1 nutklrg the divi
dend declarations on the common
for the rear 1916 eight and a quarter
let cent.
Net eerning* for the last quarter
of 1916 were $106.966,347. anew high
rt-cord.
The regular 1 3-4 per cent prefer
led dividend was also declared.
The earning* statement shewed the
record cltnih of t-h** company’s bu.'i
l tiess revealed in successive quarter-
I iv reports during the pa't year. The
. Sept 30 quarter showed earning* of
SS:*.S 17.067 making lit*- last period
1 t how a i’ji'.ooo.noo Increase over the
previous period, i t >*» Ifa record
! tna k
FIGHT ON GRAYSON
APPOINTMENT
IS CERTAIN
WASHINGTON. ,T«n :?<• My *
Uriel | vote the i«en.vc n«\ il
committee tod*' favored inom
ination of I.ieut t omm.-ndi r < at'
T firavKon. Pre«tde» Wil. tm - p< r
■»on»l | hyaletan and icolflng chant
ptnn. to .>*■ promoted ld«> grade* or
mntr 'n th** -an* of rear ftdtr irtt!.
A f -ht on the 'en.ttr floor *■
lirved certain
THE WEATHER
llftmll anil Inrtf mlng
rln o <ll ne« *. pmhiiMt fitloi*»il t>» >nnn
Iflf n<a*»‘ an a \\ rel nr «<l n* j
r«M-r Innlrhtl mortrriitr mrinhlr
nlmlt. hrniMitn( freali riui
I.attar M'rkltßni m.-rmaln* rlnn.ll-
Df««. |. rnhal.l . f'.ll.in nl h> «n«n Intr
tnodv ii'ikt and \> ednea-1.-t» i r «Id -
rr tnal*k|i nu.dernfe %«rlaMr nln.l*
hrrnnilntt frrah rail.
111K l«r a v lentprrnf i»re Oil* Hair ilnr.
Inn ikr n»a* 44 irara, In Ikso and
I<<*l4; lnnr«l, 'J hrlnn arm In IWII,
toimvi rnirrtnin nr*
K a In to (A a, in .111
Tam 70 II a. m in
a a. m W 17 noon •»*
a a m W I p. ni .17
•tar .Mr ran laHai i lllikrai im.
prrafnrr. 4f*t Innreaf. 13 I arm Ids
rlnudj nraikrr with I.IA Inrkra of
rain,
liar aria Tnradar af Kill p. m
and Ilara "rtlaraHa; af T 14 a n».
lAr mn*» aria Wrlnrailaf at li.VI
m.
IN DETROIT: ONE CEN 5.
Talks by Hollweg and
Lloyd-Georjre Made
Him Sell Short
,TT)
HY CAUL Ii fiFOAT .
I Staff Correspondent United r>c**.)
VERY YORK, Jan. 30—That th#
Hutton g- Companv private broker*
;.ge w r ires carried a confidential mes
sage De*c 30 front their Chicago
correspondent relative to the presi
dent's noto was revealed in th#
house note leak committee proh#
this afternoon. The message mark
ed '‘confidential,” sent to E. f. Hut
ion from the Clement, Curtts A
company house, (Chicago, represents
1 1 ves of the HUtton here said:
I hear that stats department will
issue statement on economic situa
tion. In attempt to promote p*>ac«
prospects. What do you think ol
thin and how are you on storkal
(Blgned) CLEM KNTS.
In reply Hutton wired that, “our
Washington wire gives same iuXonu
stion.
NEW YORK. Jan SO.--Renmr<J
Baruch, WaJI-st. rlunger, cleared
$476,000 playing peace "hunches,"
during 13 days in December, he told
the leak to Wall-at. probers today.
If he had known what was com
ing from Washington, he srtid, ha
would have sold all day Dec. 20,
instead of covering part of his short
Milling by buying V. S. Steel and his
profits would have been larger.
Tracing Ids dealings In U. S. Steel
from Dec. 11 on, Raruch explained
that he Was “long' of steel, B.OOti
shares Dec 11, and that he sold oul
the next day at a loss.
‘ Most everything I had that day 1
sold out at a loss.” Baruch volun
teered, adding that he had llubbei
and Copper stocks. He sold 23,4n<!
shares of steel short next day. or
the strength of Rethmann Hollweg'i
speech, he said.
”1 reallted that the people’s minds
which heretofore had been on war,
would turn to peace,” he con
tinued. *1 commenced to think
what that would mean in |msine*g
and finance. And I thought it all
over, and decided a man should sell:
I did sell as soon aa 1 could, and
I had to get out of some othet
stocks flrgt.
<»n Dec. 14 Raruch was short of
l.ftun more shares of P'rcl matting a
total of 25.00*) shares short.
I m Dec. Ift he bought in all ex
**pt 1.100 shares at an average price
of 116.
<*n Dec. 16, P.arueii sold about 14.-
000 more short while th** niark-t
was rising.
”1 wanted to know about the r.ext
great move IJoyd-fleorge's speech.”
1 e explained as ms reason f,-r fak
ing ihe short side while ti»e Hso
w as on
On Dec fp Baruch sol*! 2*L400
share *.f f?*er 1 short, "going to it
a tight and as fast as I coil I*l when
I aw the word brt' in th* ticker
t* po*i of .loyd-t»«org*»‘* sp*-e h”
ll.tnuh raid omplvcetitly he had
n« information front Washington r«
gar dint the president's note.
On 1 t»-i _’n he bought in 17.990
hiii- reducing Ins short ac* * unt
to 2*’.,r><Ht
■* I I had known oi whet was rem
it . front Washington th** ue\t day
I. as any ope else, would have ‘Oid
ail day,” he interjected
Hie twentieth vi>. the d.v before
th* n * >te wg- j it-1 I*-he «J in the pa
pers. ,
Mskmg an apparent effor* to find
a possible note leak trail lending to
('•• rmnti Atrb»;*s»d(' von B**;nsl*>rff
or <>th*-r circles, th** investigating
committee put Archibald S White,
th enovy’s friend, again <*n the grtill.
But the ro:i'ni;'t*» got only do
nials and negation
Whi e, sssc*'lst* of Merits!orC
Thomas \V law son. and other dip
l*»iuatu and finumlul lights, denied
having advance infpnnaMor
f**om Herman quarter- cr elsswher*
*-ith*r on the kaiser's peace
voiced hv ancellor von Beth
monn Hollweg or on President \Vil
son's subsequent note to the bel
ll**Tent»
Nor ha*l he trafied during the teal
period, either for MtneHf or for pep
sons in effk ml life in Wa*Vnrto®
he said. •