'fljrCiT HAPfcJKg'W NEW YORK IT'S fH THE EVENING WORLD"
Hylan and Chandler in Lively Row at Washington Hearing
To-Nlght's .Weather Cloud Bhowera.
EDITION
"Circulation Books Open to All" I
"Circulation Books Open to All."
VOL. UOI. NO. 22,032DAILy.
Copjrleht (Ntw Vork World) I"ro
robtlhlai Company, I tot.
NEW YORK, TUESDAY, APRIL 25, 1922.
Knterrd Snnd-('la Mnltrr
IW Ufflr. Nm York. N. V.
PRICE THREE CENTS
To-Morrow'e Weather 8HOWER8. -
WwalM i
editionWM j
FlNM
wht
HARDING ACTS TO END GREAT COAL STRIKE
AWING SIORY OF OK
FAILURE Wild
AND VANISHED 14.000.000
Powerful Influences and Connivance
of Wall Street Houses Made Pos
sible a "Bucketeering Orgy" in
Which Thousands Lost Savings
AND NO ONE
ARRESTED.
Although tho stock brokerage flrnl
Jan. 17.' Inside details of the manner In which customers of tho firm were
swindled ore only now coming to light. As the veil of secrecy Is belnc grad
ually torn away from tho method In which tho firm's business was conducted,
It begins to be established that the disregard shown 1 the rights and In
terests of customers Is without precedent
ago annals. "
There la unfolded a story of buccaneering and bucV
of dollars at stake; of how the Ufo savings of (
tiavacantlv and blithely sauuiJ'i
DucKev:eni. posaioie. -
political aid for
debauch, and of
cents on the dollar.
One of tho most amazing features
Intrusted their money and securities
raaaaaMBanalaMI
would have developed that it had an unsavory reputation in financial circles;
that It was a matter of common gossip in Wall Street that tho houso was
nothing more than a bucketshop.
no less amazing is mo raci mat uicr ec uomDony was oermittea to nrnn.
Oboe Its financial legerdemain for so
authorities who had tho power to make such Investigation would have dis
closed tho rottenness of the firm's financial structure.
E. D. DIer & Company was successor to Hughes & DIer. The latter firm
waa organized about eight years ago. Partnership consisted of Colonel Henry
D. Hughes and Elmore D. DIer. Tho former put Into the llrm as capital his
experience as a broker and a seat on the Philadelphia Stock Exchange. The
contribution of Dier was $50,000 In cash.
The firm prospered and grew for a time, but It was never able to sustain
an unsullied reputation, it was expelled from the Philadelphia Stock Ex
change in ,1915, or only about a year after the firm was formed, but later
succeeded In being reinstated.
In 1918 the Now York Stock Exchange Informed one of Its member firms
lhat sought permission to have a wire connection with Hughes 4i DIer that
while this member llrm might. If Its judgment dictated, havo the wire In
Stalled, It would be held strictly accountable if it developed that Hughes &
DIer pursued any Irregular brokerago practice during the time such wire
connection was held. While tho firm In question decided not to Install tho
wire the ruling Is interesting in view of subsequent developments.
.Reputation of Hughes & DIer grow from bad to worse until In May of last
(Tear the New Vork Stock Exchange ripped out It ticker scrvlco. This was a
plow to what little prestige the firm had rema'.ntng. Almost Immediately
kftflrward Colonel Hughes was again expelled from tho Philadelphia Stock
Exchange. Yet the firm was permitted to continue In business for another
seven months under the name of E, D. DIer & Company. And while them
,Ja a. fog of mystery surrounding the Intimate details of management prior to
vJjhe retirement of Colonel Hughes, the record of management In tho seven
momns pnor to its coiiapue nas now oeen unromcd.
What added Immensely to tho alio of tho failure was that at about tho
(Continued on Fourth Page.)
Mary Ends Her Contrary Spell;
j Will Wed McCormick in June
i wm .
I
Joint Statement Issued by Herself and Fiance
in Paris Say's They Will Be Married.
PARIS, April S5 (Copyright, United
Press). Mary London Baker's Jour
ney to Europe has ended In a lovers'
meeting, after all, and there'll be a
honeymoon In June.
The Chicago heiress and Allister
McCormick to-day Issued a formal
olnt statement through the United
Press, as follows:
"You can announce that we Intend
to marry in Londr.n at tho end of
June. The church has not yot been
(edded upon.
"We will spend our honeymoon in
Rurope, after which we will probably
';nake our home both In Chicago one In
8,000 DUPES
HAS YET BEEN
of E. D. DIer & Company failed on
in Wall Strcc -smudged broker-
g with millions
jeoplo wero cx-
hlgh living ani
on paying princely -wlaResTttf-cVrks who rnade the
ThCre Is Involved, too, tho calling In of powerful
the purposo of prolonging the financial
tho connivance of Wall Street houses
who always withdraw Into a sanctuary of holy inno
cenco when mention is made of bucketing or other
irregular brokerago practice.
When the orgy was ended it was found that up
ward" of $4,000,000 belonging to approximately S.000
customers had vanished. Out of this wreck receivers
are now striving to secure for creditors more than ten
of tho case is that so many people
with pier & Company, when Inquiry
long a Derlod when an lnvestltratl nn hv
"Until tho end of May, when wo go
to London, wo will remain on the Con
tinent. "We havo decided to Issuo this
statement through the United Press In
order to avoid further publicity."
Mrs. Baker, mother of the bride-to-be,
guve tho above statement her
approval and the children u blesBlng
In advance, and announced that
Mary's fondest wish this side of the
end of June was to be left alone to
enjoy Paris.
The mysterious figure of Harry
Channon of Chicago, supposed rival of
McCormick, to-day faded gracefully
Into the background.
HARDING TO SEND
STRONG TO WORLD
MONEY
CONGRESS
President- Thinks Conference
of Bankers Will Do Much
to End Distress.
FAVORS MORGAN GOING
Financier's Participation in
Reparations Approved by
Government.
By David Lawrence.
(Special Correspondent of The Eve
ning World.)
WASHINGTON, April 15 (Copy
right). Financial phases of world re
count ruction are developing which
may bring the United States Into ac
tive co-opcratlon with the economic
forces of Europe.
President Harding let it be known
to-day that the Invitation to the Fed
eral Reserve Board to participate In
a conference of banking institution to
bo called !J'.C Q pHand
would be faccepted Ho announced
that Benjamin Strong, Governor of
the Federal Reserve Bank of New
York City, would be sent abroad to
represent the Federal Reserve system.
The President believes the confer
nco can do usful things and that
America may bo able to bo of con
siderable help.
Mr. Harding explained also that the
United States Government had no ob
jection to Mr. Morgan's attendance
at the meeting of bankers summoned
by the Reparations Commission.
So far as known, tho now plan Is
to stabilize exchange. It Is not
thought that tho various paper- cur
rencies of Europe can be brought
back to their normal value by any
artificial measures, but It is bellovcd
something can be done to prevent
marked fluctuations, especially with
the certainty of a big International
loan which will take care of the ob
ligations of Germany.
The announcement by J. P. Morgan
that he has accepted the Invitation of
tho Reparations Commission to dis
cuss tho chances of selling in Amer
ica an International loan to Germany
Is only ono of a number of co-Incident
steps which are gradually being
taken with a view to financial co
operation by Allies and former foes.
If J, P. Morgan believes a German
loan can bo floated, provided It is
guaranteed or Indorsed by several of
the Allied and Associated Powers, tho
formation of an American banking
group would probably be encouraged
and the moral support of the United
States Government will then havo to
be won.
COURT SAYS $87.55
CAN'T DRESS GIRL
Increases Minimum Wages in
Kansas 17.6 Per Cent. Em
ployers to Fight.,
TOPEKA, Kan., April 25. Kansas
working girls need not dress on $87.55
a year and wear 26-ccnt stockings,
the Kansas Industrial Court to-day
ruled In issuing a tentative order in
creasing the minimum wage for
women approximately 17.6 per cent.
Employers will fight the tentative
order at a final hearing before the'
court May 19, It was announced.
LENINE UNDER KNIFE
FOR BULLET IN SIDE
Slug Extracted and Patient Doing
Well, Says Riga
Dispatch.
RIOA, Latvia, April 25 (Associated
Press), Premier Lenin of Soviet Rus
sia wus operated on yesterday, says a
report from Moscow to-day. A bul
let, which had troubled him for three
years, was extracted from his side.
Last accounts were that the patient
was doing wall.
Harding Taking Steps to Stop
Strike in Nation's Coal Fields
Without Control ot Industry
Government Working
of Problems to Be
Sides at First
WASHINGTON. D. C April 25.
The Government Is working oh a
plan looking to ending of tho coal
strike, which it will submit soon to
both operators and union leaders, it
was said to-day at the White Houtc.
Details of the plan wero not dis
closed, but It wus said It does not In
clude Federal supervision of the coal
Industry.
Tho plan which now Is receiving
the attention of President Harding and
his advisers was said to contemplate a
permanent solution, if possible, of tho
basic problems of tho Industry. Pres-
GIRL, 5, BELIEVED
E
T
Autopsy Reveals Child Did
Not Die Violent Death
Man Held.
After an autopsy to-day Asilstant
Medical Examiner Benjamin Schwartz
reported that Lillian Glvner, the five-year-old
girl of No. 177 East Houston
Street, whoso body was found at mid
night In the washroom In the tenp
ment In tho rear of her home, showed
no signs that sho had died of vio
lence. She certainly had not been
strangled, he said, and thcro wero no
wounds on her head or any other evi
dence that she had been assaulted.
Dr. Schwartz said that it was possi
ble that tho child might have died of
fright.
Dr. Schwartz said there were Indi
cations of weaknesses of the lungs
and heart and n general condition
existed Indicating that tho little girl's
constitution was euch that she would
easily succumb to a shock of fright
or intense excitement.
Wussll Guroya was held without
bail In Essex Market Court to-day on
the charge by Detective Herbert of
the Clinton Street Station that it was
believed he knew tomethlng of tho
child's death. Guroya has for some
time, with Paul Coilnsky, shared a
room adjoining the washroom in
which the body of Lillian was found.
When Herbert forced his way Into
the room early this morning he found
Guroya fully dressed and obviously
trembling with fright. Guroya said
Coilnsky, who formerly worked for
Isador Glvner, Lillian's father, In a
factory next door, had been In New
Jersey for some time.
Detective Herbert said to-day that
he had found several persons In the
houso who had visited the washroom
up to half past ten o'clock last night
and the little girl's body was not
there then.
One boy told Herbert that when he
was In the washroom at 8 o'clock he
heard sounds as of a light in Colin-
(Continued on Second Page.)
ACTRESS IS'KILLED
BY BLAZING DRESS
Fiance Is Badly Burned Trying
to Beat Out Fire With
His Hands.
POUartKEEPSIE. N. V.. April :s.
Miss Una Carpenter, leading lady of "A
Nlsht In Honolulu," Is dead of burns re
ceived at the Maxwell Opera liouxc In
Kingsion. wnen the straw dre?s wtilcn
she wore In her role of an Hawaiian
dancer cuught fire In her drculitK room
Her nance, Lester Smith, who win alo
her leading man. was badly burned In
efforts to beat out the flames.
,The young people were to have been
married in June.
SLAIN
MAY HAV
DIED OF FRIGH
on Permanent Solution
Presented to Both
Opportunity.
cntatlon ot the plan, it was Indicated,
would be made when a favorablo op
porlunlty presents Itself.
SPRINGFIELD, III., April 25.-
Negotlatlon of separate Slate wage
agreements by striking coal miners
in Kentucky and TentieBsco was an
nounced to-day by Frank Karrlnglon,
Illinois President of the Unttcd Mine
Workers.
Separato wago agreements by locals
In Illinois are Imminent, he added.
In Alabama, he said, the State
union officers have instructed mem
bers to continuo at work.
E
Entire Offering Taken
Speyer & Co. at Bid
of 102.766.
by
Comptroller Craig opened at noon
today bids for new Issues of New
York City corporate stock bearing In
terest at tho rate of 4 1-t per cent.
and to run for fifty years.
Tho successful bidder waaSneyer &
Co. Its bid was for all or none of
the Issuo at 102.766. This bid was at
nn Income basis of approximately 4.11
per cent, and easily overtopped all
other bidders.
The offering was ono of tho most
successful In recent years. The
Speyer bid gives the city a premium
of $1,244,700. The offering vxi more
than eight times over subscribed.
Other bids received wero J. P.
Morgan & Co. for all or none of the
Issuo z.t 101.12S7 or any part at
100.2797.
A syndicate composed of Dillon,
Read & Co., Kuhn, Loob & Co. and
Kidder, Peabody & Co. bid 100.677
for all or none of the issue and 100.127
for any part.
Associated with Speyer & Co. were
the Bank of the Manhattan Company
Ladenburg, Thalmann & Co., Bank of
America, Title Guaranteo & Trust
Co., Hanover National Bank, Doml-
nlCk & Domlnlck, J. S. Macho & Co.
and others.
Comptroller Craig, commenting on
the sale, said: "I have nothing to
say. The results speak for them
selves." FLORIDA SEAPLANE
MISSING; 6 ABOARD
Naval Aircraft Searching for Pass
engers Gone Since Early
Yesterday.
KEY WE8T, Fla., April 25. The
commercial seaplane Santa Maria,
which left here Monday at 6.10 A. M.
for Nassau, with six persons aboard,
Including a woman, has not arrived at
Its destination and naval seaplanes of
the Atlantic Squadron left here early
to-day to search for It.
On board the piano were Pilots Mu-
sick and Richardson, Mechanic Rod
erick, Dr. Eugene Lowe, Lrsilo Curry
and a woman passcngar from Ha
vana, whoso name has not been
learned.
Dr. Lowo and Mr. Curry, who Is a
pharmacist, were en route to attend
Duke Schiller, seaplane pilot, who
was mobbed and seriously Injured at
Nassau last week when, It It be
lieved, he was mistaken for a. Pro
hibition officer.
HIY BOND
OVERSUBSCRIBED
MOR
E THAN 8 TIMES
HYLAN S BRA N TH N
T
TO MANDATE BOAST
Mayor Tells House Committee
He Speaks for People, and
Is Challenged.
ELECTION THREAT MADE
His Honor Warns Member He
May Find There Is Depvlh
to His Power at Polls.
(Special From a Staff Correspondent
of The Evening World.)
WASHINGTON, April 25. At 11
hectic session of the House Judiciary
Commlttoo to-day, Mayor Hylan of
New York told the commlttcu In gen
eral and Representative Chandler, tho
New York member, in particular,
that tho people of Greater New York
are overwhelmingly for thp Bacharuch
bill, designed to prevent Federal Dis
trict Lourta from setting - aside or
nullifying tjie findings of Stato
utility commissions. ,
A lively colloquy between- Repre
sentative Chandler and tho Mayor re
sulted. "I bring a messngc from the people'
of New York to tho New York repre
sentative on the committee," declared
Hylan, Immediately drawing the fire
of Chandler. '
"Do you claim you (bring a message
from tho people of New York for this
bill," queried Chandler.
"Yes," said Hylan.
"As I am the only Now York mem
ber on tho committee, I assume that
message Is Intended especially for
me," said Chandler, "and I would llko
to ask you a few questions. I am
keenly sensitive to political mandates,
but I must understand, first, that It is
u mandate; second, that It Is from tho
people, nnd third, that It has refer
ence to a legislative matter engaging
my attention.''
"Will ou kindly tell mo how tho
mandate originated? Has there been
a referendum on this subject In Now
York at any time?"
"My overwhelming election author
ized me to speak for tho people," re
torted Hylan.
"Woa tho question now before tho
Judiciary Committee an Issue In your
campaign?" persisted Chandler,
The Mayor's answer was lnadulble.
"If that is all you lmvo as a man
dates I rcfuso to accept It," said
Chandler, adding ho did not bcllovo
Hyland was qualified to speak for tho
people of New York on tho matter.
Chandler also wanted to know
whether the settlement of tho 6-ccnt
fare by tho Mayoralty election result
authorized the Mayor to carry a
mandate to scttlo the economic dif
ficulties of Europe.
"Your argument Is very thin," said
tho Mayor.
"Like your brain.' came, back
Chandler, whereupon tho Chairman
rapped for order.
"If you carry on In New York much
longer you will learn how thin my
mind Is," said Hylan.
"My carrying on In New York," re
plied Chandler, "Isn't dependant upon
you or your party.
Tho Mayor left with a threat
against Chandler's political life upon
his lips and Chandler shouting that
whenever his political existence bo
came dependant upon '"a man llko
Hylan" he was willing to retire.
Mayor Hylan stated that he ap
peared with tho Bourd of Estimate
and Apportionment and other oftlclals
of New York City "desplto many
pressing engagements at home, so
that we may all tho more deeply lm.
press upon your committee and the
legislative body of which you are a
part the urgent necessity of legisla
tive relief," such as proposed In the
Bacharoch BUI.
The Mayor declared the conditions
It seeks to meot arc not peculjar alone
to New York and New Jersey, but to
every municipality in the country.
'Every community Unit has to deal
with prtvato utility corporations and
with rates charged by them," lie con
tlnued, "should bo interested to align
Itself In support of tho Ilncliarach
Bill."
latl World AlmftnA. Ih rrart rffrrmv
liMk. 39 rnila Mr rap? an sUndii b mail,
MewYwlc World. Xtw Xork City.
CHANDLER'S RETOR
FRENCH WILL GIVE DNS
48 HOURS TO DROP DEMANDS
OR QUIT GENOA CONFERENCE
. .
SIR CONAN DOYLE
NOT ONLY ONE TO
Newark Woman Believes She
Has a Picture of Her Uncle
Dead Ten Years.
Sir Arthur Conan Doyle Is not the
only ono who can exhibit pictures of
spirits appearing in ectoplasm, thai
mysterious 'substance wh'lch the
creator of Hherlock Holmes says
omanatcs from tho bodies of
mediums.
' Tho Newark, N. J., Star-Eagle to
day published a photograph taken by
Mrs. Mary Haug, which Mrs. Haug
(believes shows the spirit likeness of
an uncle who died ten years ago.
Sho believed that hor daughter
Isabel, seven, also In the picture, was
In communication with tho spirit
world.
"Tho picture was made with an
ordinary camera," Mrs. I laugh
stated. "It was my daughter's
birthday nnd we had presented n
camera to her.
"I took her picture standing on the
porch steps nnd had tho roll of film
developed at a drug store. When I
looked at the rum nnd print, I was
ustonlshed to see in the lower left
hnnd corner, a portrait of my uncle,
William Henry Brceland, who died
ten yenrs ago. Certain details
strengthened my belief It wan a spirit
photograph.
Mrs. Haug explained that her
undo had died from tho effects of an
accident. In which his right hand had
been torn off.
"Tho plcturo shows that tho right
hand Is missing," Bho continued
"Not believing my own eyes alone, I
showed the plcturo to my aunt, wlfo
of Mr. Ilrecland, who an soon as she
saw the pjeture, recognized it as that
of her husband.
Mrs. Haug, who says her daughter
wns born with double veils over her
eyes, was sure that tho child was
ablo to communicate with tho spirit
world.
"At the ago of three, she showed
that sho could see what others could
not," Mrs. Haug said, "wo scolded
her a great .deal, and It made her
mind come back with full force."
VETERANS ACCEPT
NEW BONUS PLAN
Soldiers' Delegates Approve Pro
ject for Insurance With
Borrowing Privilege.
WASHINGTON. April 26. Repre
sentatives of veterans' organizations
to-day virtually accepted the new
Smoot-McCumbcr Soldier Bonus plan
In n conference with Republican members-of
tho Finance Committee.
This means that If the plan proves
acceptable to a majority of tho Re
publicans in the Senate the bonus
will consist primarily of u twenty
year Insurance plan, probably with a
provision under which tho ex-service
man can borrow from a bank after
three to ftvo years.
SETS WOODPILE AFIRE
HANGS SELF ATOP OF IT
SYRACUSE. April 23.-Charlcs Ed
mondfi. fifty-five, a Denmark farmer,
killed himself ut tho homo of his sis
ter, Mrs. Cornelia Otis, early this
mornlnt;, by saturating- two automo
biles nnd a woodpile with gasoline,
climbing atop of the latter after fel
ting fire to It and hanging hlmaelf,
Tho barn burn'd to the ground, the
curs were destroyed and only ashes
were left In place ot the wood pile.
TAKE SPIRIT PHOTO
Explicit Instructions From
Paris Order Delegation to
Carry Out in Full Policy as
Laid Down by Poincare.
'Cannot Continue to Bargain,'
Lloyd George Declares in
Outlining British Policy of
No Quarrel With, Anyone.
LONDON, April 25 (Associated
Press). Thoro Is rollablo Informa
tion, declares a Central News de
spatch from Genoa to-day, that M.
Dartbou of the French delegation
received telegraphically this morn
ing explicit Instructions Jo lnjlst W
tho conference upon tho terms .con
k talned In Promlej; Polncare's speech
of yrsterday. J
Tho French delegation, tsiys Hie
message, has doctored tt would prosi
for a forty-eight-hour ultimatum to
Russia or else break from the con
ference altogether. ' ,
Ptemtor Polncaro'a spoech created,
great consternation In conference
circles, It la added.
Prlmo Minister Lloyd George, ad
dressing press representatives at
Genoa, authorized them to transmit
an appeal from him to tho British
public asking it not to accept state
ments appcarnlg in some of the Eng
IIhIi papers regarding the Genoa cent
ferenca until he had an opportunity;
of dealing with them In Parliament,
says a second Central News dispatch
from Genoa to-day. The dispatch
quotes him on continuing:
"Premier Pqlncare'a speech was a
very serious declaration mado with
out nny consultation with the Allies
and Is not calculated to Improvo co
opcratlon among the Allies. It has
nothing to do with Genoa, but French
opinion Is undoubtedly being Inflamed
by misstatements alleging the British
are pursuing a policy of secret talks.
"Our policy is that we have no
quarrel with the Ruatlan people and
do not fear a German-Russian menace.
but we determined to prevent Eu
rope from again becoming a sham
bles. "We want to adopt an open, hu
mane policy, but the atUtud of dele
gates towards a setUement makes our
work difficult. We cannot continue to
bargain."
RUSSIAN DEMANDS
FLATLY REJECTED
AS TOO IMPOSING
Allies Take Firm Stand When
Soviet Insists on Terms as in
German Treaty.
GENOA. April 25 (United Press).
Allied experts met to-day to con
sider a fresh crisis at Genoa, created
by new and more Imposing Russian
demands.
Chltcherin and his colleagues, once
tho air wan cleared of troublu stirred
up by tho Russo-Gorman treaty, and
they wero back In committee, pro-
duced a completely navel set of-;
claims. :
They wanted cancell'aUoh of their';
war debts, a thirty-year moratorium:
and an InternaUonal loan.
The Allied members of the Ex-m
perts' Commission found these sug
gcsUons most unacceptable and Sir
Laming Worthlngton-Evami In-'
formed tho Russians It was useless to.
continuo tho session. He announced
the reply of the experts to the new"
sucjestions would bo considered
to-day. T
Meanwhile, tho heads of the Allied'
delegations, apprised of Russia's ,
chanro of front, took; Arm
.0
i
...