Newspaper Page Text
_ .X^ *?*<^*2^g*mM y EW .YORK. SATURDAY. JANUARY H. 1905 -SIXTEEN PAGES.-. T ..-?«- A i£W PRICE THREE CEyTS
1 JurtJf* "WEKatn J. Gayner; 2 Controller Edward M Orout; 8 B I* Duke 4 William V Pott BEGIN "CADET" CRUSADE BASKERS GET EFIDEXCE. Messrs. Scligman, Schiff and Lew isohn — Eighteen Prisoners. leaao N. Seli&raan, the banker, announced lwt evening that he, Jacob H. Schiff. Adolph l^eW.sohn. Mr. Warburg and a few others had planned a crusade against the "cadet" system end the East fide social evil. ♦The matter was first called to my attention tr Magistrate Cornell, who was presiding at the time. 1 think, in Eaeex Market court." said Mr. 6aiipn»n la*t night. "He told me that the con dltiorJ 1 en the East Side were most deplorable. tSisacefuL He spoke in particular detail of the vie* sr.a crime existing there in ruination of j-tmrr gli's. "MBpiFTrat" Cornell told me that youthful and Innocent victims were lured from their tone* to der.s of vice by an organized league of reprobates who live on the shameful gains of the flrlF in the lives they were forced to lead by those dastardly creatures who had ruined them. I brought the matter to the attention of i few ir.thr.ate friends, including Jacob H. SehlfT, Adolph LewiFohn. Mr. "Warburg, the tanker, of No. f.2 Willlam-st., and one or two ether* whose names I do not at the moment re calL There was pome discussion, and we lis tfned to the recital of Borne of the details of the .terrible condition represented to us. We de c:fie3 to fict, to act at once, and to ect effect ively. • rirft of ell, we decided to employ an able young lawyer, versed in the conditions as they exist on the East Side, the vicinity of Four t«ectii-Ft. end Fourth-aye. in particular, and to bring about all the arrests and convictions we could. We decided to strike at the heart of this dlabo::oal band of men. who flaunted their crimes against innocent girlhood shamelessly. • Tes, i have heard of the arrests made to-day, •MA that the prisoners are to be arraigned in ■■rt to-morrow. I hope sincerely, and I am rot* th*t ell good citizens desire thai this Aanttal circle of men who prey upon virtuous venuoeod will be punished and scattered. and iiot*'Jered ever again to find a place or a foot- a oar city. flitw be particular in recording my apprecia te! cf the man to whom the chief credit for Hit norernent should be given. He has come tolly up to our expectations. He is Simon C. Xoet, an ex -Assistant Corporation Counsel, well fined for his laborious and trying task. He has easißunlcated to me his progress from time to toe, eafl I trust will be successful In bringing all who have profited In the degradation of these grit to Justice. I am inclined to think, and I dpctrejy hope, these arrests will strike terror ■■» the racks of all these miscreants and etop their shameful system. "The failure of the District Attorney's office to put an end to the evil after a movement in that direction once was started was due, I be «*■*. not so much to an unwillingness to prose cute as to a lack of funds, which made it ex tremely difficult, perhaps Impossible, to carry on the work " Mr- Seli^man was asked if he wished to dis cuss the attitude of the police on the evil he was •*fane to eradicate. "I do not care to «ay anything about that— *« at this time." he said: The crusade was begun yesterday in the York- Police. Court, when forty warrants for the wteit of men and women were issued by Ma*:is tst« Barlow in the morning. Eighteen prison •», captured on these warrants, were arraigned ■ the afternoon. All were charged with va •"acy. The prosecutors say they have evl •*<* which -v-111 send them to the Island for the •trejiie term of six months, the heaviest pun ***«Jt on that charge. Mr. Noot. whose office is at No. 320 Broad ly, applied for the warrants and prosecuted Prisor.erE. The wealthy crusaders had employed half a •■*n private detectives to get evidence. These -etectlves have been at work, and yesterday *?rung their surprise on those with whom they **4 been associating and watching In East Side r^orts, which have long been known to be the •Aunt* of "cadets'" and procurers. tor the present, the plan is to arrest these V»a w*' arral en them on charges of vagrancy "aatave them fent to the Island for the limit %•«?■? rr - or - ; -'- - When their term is ended they •J ** watched, and if they return to their old g*— they will again be sent back to the Isl 2l an<l the process can be repeated indefi rf-T- This method, it .is thought, will go a "cl* ***? toward breaking up the gangs of thtV' lf * obtai:sed a mass of evidence against ii * r **' uemerß of resorts mostly In the neigh thJ™ 0 " O f Pourtecnth-st. and Second-aye., QuJl °£ '•'•- private detectives. William A. tfte- Jose Ph J. Mannlo and Perkins Searlcs, to tv Rtlln X the forty warrants, showed them .■(J.-: Po!lce of the Fifth-**- station, who fur the it. a riatr ° ! wa 00 to carry the prisoners to j r k^T Ucn - Most of the prisoners were taken Tlje,,.' Ot h*-rs who heard of the arrests fled. »£» k *' IU be hunted to-day. The prisoners .^•■a in $500 bail for examination to-day. •jjJSl ° the "*' notorious of th« depraved - jns «■* jj aye been after is a follower of the in X r mr> " "* M Mr - Naot "Whan we went to IrjJ I'™1 '™ h" had gone to Philadelphia to see a *•» tlS*'' *" i >' ln * his railroad fare and expenses a *'"■ lr ••:• he had forced from one of those women. Vlit'JL Ye BOm * evidence Involving one or two fcilee ' but we do not want to criticise the ittul 1 that is not the object of our activity. V,,! IT * " •"■ thl " nat; bM>n »«>tag on under hlti« • , the Police, and they knew about ii Vh." ,*■' ly in locality I have referred to. been able to get our evidence in ten er i^' taD<lt aD<l the police could have done the same McDermott and Detective Waeser • ••wir .!??' they were called into the case, gave "Tt*Z. a"'* suggestion possible. «« despicable men had an organization in Continued on third page. «,^ E •ABOARD FLORIDA LIMITED h**t» \Zt t *? mm * z '- «nd Quickest Florida train. & h cIaST , iO - rk ***** at U--& n »> on Two other *««» rSwP^f for Plneaurst. Caroden and r »t>rt*. Omct. 11*3 Broadway.— Advt. ADDICKS MAN CHOSEN. Delaware Deadlock Broken by Elec tion of Speaker of House. [BY TELEdRJLFH TO THE TRIBL'NB.] Dover, Jan. 13.— The deadlock which has ex isted in the Delaware Legislature since January 8 was partially broken late this afternoon by the organization of the House of Representa tives. "William D. Denny (Union Rep.. Addicks) was elected Sr>.*her. the Regular (anti-Addlcks) Republicans voting solidly with the Unions. The organization was really brought about by thrse conferences during the morning and afternoon, when propositione and counter propositions were made by the Regulars to the Unions, and vice versa, the main plea in each proposition being that of effecting an organization, and thus put ting an end to the disgraceful plight In which they have been placed before the public and their constituents in gauging a deadlock. It was not until the conference held at 3 o'clock that any positive agreement had been reached, and even then the Union Republican members of the Senate refused to recede from their former proposition, that of organizing the Senate. The Union and Regular Republican mem bers of the House then took the initiative by agreeing to organize the House on the proposi tion of dividing the spoils half and half, con ceding to the Union Republicans the right to name the Speaker, the Regulars alternating in the other offices. "Without further delay, the Ropubli< an mem bers of the House began balloting for permanent Speaker. It took only one ballot to decide, Mr. Denny receiving 21 votes and Mr. Smith. Dem ocrat, 11 rotea. Representative Smith, although differing radically in politics from Mr. Denny. voted for his opponent, he being the only Dem ocrat to lake sucl. action. When the result of the vcte had been announced and Mr. Denny dr. -la rod elected applause arcs* from both sides of the hall. The other offices were quickly disposed ot", and Boon the full organization was completed. Governor Hunn, while not at the State Capitol to-day, %\as at once informed of the organiza tion of the House, and through his Secretary of State, Dr. C. R. Layton. presented his biennial message, which was partly read and accepted. Notices at once were given of proposed legisla tion, the first one being of a bill by Represen tative Armstrong (Reg. Rep.), fixing the salary <~pf the Secretary of State and dispensing with the fees collected by him for his own use. The present emolument of the Secretary of State will aggregate $10,000 a year, while the Governor receives only 52,500. Notice of the repeal of Urn Voters Assistant law was given by Rep resentative Smith, Democrat. The House then adjourned until Monday morning. This action puts the further delay of perma nent organization of the General Assembly on the Senate. The Senate, after pairing oft for to-morrow, took a recess until Monday, when balloting will be resumed and an attempt made to elect permanent officers. BIG STRIKE THREATENED. Pennsylvania Trainmen May At tempt to Tic Up Whole Road. IBT TELEGRAPH TO THE TRIBCNE.] Pittsburg, Jan. 13— The entire Pennsylvania system from the seaboard to Chicago- Is now threatened with a strike. From one end of the road to the other the union workmen have voted on the question of a strike within the last thirty six hours, and the report is being sent to the executive officers of the Brotnerhood of Train men at Cleveland. Voting in the Pittaburg dis trict ended at midnight. So grave is the situation that Robert Pltcal~n, at Pittsburg, first assistant to President A J. Cassatt, has been called east to consult with th» head of the road. The trouble began som* weeks ago on the division between Harrisburg and Altoona, when the company took off an extra fireman on each heavy freight train. This made the work of the forward brakeman heavier. A committeo visited the officials of the road and asked that the firman be returned, but the request wes refused. Then they asked to have the pay of the forward brakeman Increased. This, too, was refused, and It was ihen decided to take a vote on striking along the whole system. None of th» Pennsylvania employes in Jersey Ctty know of any strike contemplated. They said last night that they had r>o quarrel with the road, and that th'-y were much more worried over the danger of being laid off than being ordered to go on strike. "SURRENDER AMAZING." Port Arthur Had Garrison of 55,000 — No Sign of Privation. London, Jan. 14. — The correspondent at Port Arthur of "The Times" says: The total number of soldiers, seamen and civilians in Port Arthur at the beginning of the siege was fifty-five thousand. There are no signs' of privation here. There was food suf ficient for two months, and the surrender of the Russian garrison is amazing. •The Daily Malls" Tokio correspondent gives a etory to the effect that all the money in Port Arthur was divided among the Russian officers, and w hen this wxis discovered a bitter feeling arose in the army and navy, which was largely responsible for the fall of the fortress. MISS VREELAND IN CAB. Automobile Buns Down Boy — She Waits to Sec Result. Miss Margaret V reel and, the fifteen-year-old daughter of H. H. Vreeland, president of the New- York •My Hallway Company, and a friend, Mrs. •W Bayers, of Newark, were passengers In a cab of the New-York Electric Transportation Company which ran over and seriously Injured Thomas Ke nova eleven years old, of So. 228 West Twenty. ntnth-st.. at Thirtleth-st. and Seventh -aye.. yester day Th« boy became unconscious after the cab ran over him. and Dr. Gllleaple. summoned by Po !k?man O'Connor, of the West Thlrty-seventh-st. station, took him to t!» ?«>w-York Hospital. The cab driver. Sidney H:;uck. of No. 93 dshth-ave., V arrested and held until to-morrow to await the development of the boy/» injuries. Miss Vreeland. after finding thai the boy was properly cared for. went on In another vehicle. MEN WHO FIGURE IN TO-DAYS NEWS. ATTACK ON T. C. PLATT. POST CHECK CRUSADE. C» H* Post to Appeal to Supreme Court or Senate. The announcement was made at a mass meet- Ing in behalf of postal progress at Cooper Union last night that the Supreme Court of the United States is to be asked for a restraining order to prevent Senator Thomas C. Platt, of New-York, from occupying his seat in the United States Senate on the ground that he does not fulfil his duties according to his oath of office. The statement was made by C. W. Post, of Battle Creek. Mich,, In his speech. "Our Errand Boy." The meeting was under the auspices of the People's Institute, in co-operation with the Postal Progress League. Mr. Post presided. He. after referring to the postal deficit and declar ing that the people of the country threw away annually to the railroads 940,000,0001 said: Senator T. C. Platt, of New-York, is president of the United States Express Company. Word was passed around to other Senators that no definite action should be taken on the Post Check Money bill. Senator Platt was approached by my representatives to know his attitude on the question, and he clearly defined tho fact that he was opposed to the measure because it was contrary to the interests of the express com panies. We met with strong opposition from a New- York State man in position to lay some heavy blocks in front of the wheels of progress, Ellis H. Roberts, Treasurer of the United States. Can on«» draw any connecting line between this New- York State appointed ani Senator Platt. from New- York? I have the papers alread; prepared, and will ask the Supreme Court at Washington for a restraining order to prevent Senator Platt from occupying his seat in the United States Senate on the grounds that he does not fulfil his du ties according to hia oath of office, that he subverts the interests <>f the people, whom he has sworn to represent to the interests of a corporation which he really represents. It is possible tha Supreme Court may not i-iar-t this restraining order. Wa shall make an -urgent effort /or It, however. After the meeting Mr. Post said his lawyers, C. E. Dawgon and Nathan Wilson, would pre sent the papers to th,j Supreme Court some day next week. Mr. Post said: A question of the constitutionality or of the right of the court to interfere will be raised by the application for the restraining order. It may be that the court may decline to interfere for lac k of Jurisdiction, and in case that should happen we shall appeal to the Senate itself. This in the first time, as I understand it. that a restraining order will have been asked from th? United States Supreme Court against a Senator's taking his seat. F. C. Beach, Editor of "The Scientific Amer ican," spoke on the parcels "post in relation to business interests. Herbert Myrick, president of the Orange Judd Company, said the limit of weight for a package should be raised from four pounds to eleven. Charles W. Dayton. ex-Postmaster of New- York, sent a letter, saying that progress in the postal service was stifled by red tape. Each postmaster at largest cities of the Union should be clothed with statutory power to manage his office with an annual appropriation. He advo cated a parcels post, penny postage, increased weight of mail matter or lower rates, and a re vised schedule for second class matter. The ap pointment of William R. Willcox as Postmaster was a decided advance in the administration here, Mr. Dayton wrote. THREATS TO HAYTI. Annulment of American's Sentence Asked on Pain of Intervention. Port-au-Prince, Haytl. Jan. 13.— Mr. Powell, the American Minister, has informed the gov ernment of Haytl that the United States government refuses to recognize the validity of the sentence in contumacy to fifteen years at hard labor pronounced by the Haytian court against Jaeger Huberman, American citizen, for alleged complicity in bond fraudo charged against the administration of former President Simon Sam and officers of the Bank of Hayti. The United States demands the annulment of ♦hs sentence, under pain of energetlo interven tion. The demand has caused much excitement here. The alleged fraud was in connection with a plan of the Sam administration for consolidating the debt of the republic. It was to issue W. 000,000 bonds, with an additional $213,282, to be paid to the Bank^ of Haytl. Before the scheme was consummated the administration was overthrown, and President Nord caused the arrest of thirty-three persons. SUCCEEDS E. F. WARE. Representative Vespasian Warner Appointed Pension Commissioner. Washington, Jan. 13. — The President has ap pointed Vespasian Warner Commissioner of Pensions, to succeed Eugene F. Ware. Mr. War ner represents the 19th Illinois District in Con gress. He was strongly indorsed by the Illi nois delegation and by prominent members of the (Jrnrid Army of the Republic and other or ganizations of veterans. The appointment will go to the Senate to-morrow. Vespasian Warner was born at Mount Pleasant, 111., on April 23. 1812. He studied law, and on June 18. IS6I. enlisted a* a private in Company E. 3)tn Illinois Volunteer Infantry, and served throughout the Civil War. being wounded at Shiloh. He was mustered out of the service on July 13. 1868. witn the. rank of captain nnd brevet major. He then entered the law department of Harvard University, from which he was graduated in 1868. He began the practice of law at Clinton, 111. In the ad ministrations of Governors Oglesby. Hamilton and Flfer he was colon*! and Judge advocate general of Illinois, and wag a Republican- Presidential elector In 1838. He is now serving his fifth term in the House. THROUGH SLEEPER TO CLEVELAND via Pennsylvania Railroad. Leaves West 23d Street Station dally at 4*5 p. ni.. arrives Cleveland 7:15 a. m.. limited train; no extra fare to Cleveland. -Advt. , - .v : ?k A. G. LOOMIS RESIGNS. LEAVES THE CITY BANK. Development of the Munroe § Munroe Investigation. Archibald G. Loomis, who has recently been figuring so conspicuously in the revelations of the methods by which the stock of the Montreal and Boston Consolidated Mining and Smelting Company was "washed" in the curb market, and who was a member of the underwriting syndi cate which was interested with the firm of Mun roe & Munroe, now alleged to be bankrupt. in the advance of that stock, has resigned as a director and as vice-president of the National City Bank. It is understood that at the next meeting of the banks board of directors, on Tuesday, the resignation will be accepted. The letter of resignation is as follows: January 12. 190"». To the Board of Directors of the National City Bank of New- York. Gentlemen: I beg to tender my resignation as vice-president and director of this bank. After six years of active work in the bank, during which period Its business has largely increased and its honorable and commanding position has been steadily maintained, it is with regret that I sever my relations with you. I am. however, led to do this because my continuance with the bank exposes it to" criticism, and at tack which should be personal to myself, as no officer or individual connected with the bank except myself had anything whatever to do with the credit which was' extended to Munroe & Munroe. The amounts that were advanced to them were loaned in the ordinary course of busi ness, and at nil times I had ample collateral from them to secure their loans. I believed at the time, and still believe, that the property of the Boston and Montreal Copper Company is a valuable one. and I had jio personal interest of any kind in the loans made to them. I have been engaged in the banking business for upward of forty years, during which time I think I may say that my record will speak for Itself and not to my disparagement. If there has been any lack of judgment in these matters, it Is but proper that I alone should suffer the criticism. '-1-. - ■ ••■ • " : My greatest eatlsf action at the present mo ment, J»j_the confidence wlayn has beenr-ejiowo me by my re-election as a director and vice president of the bank. It would, however, be ungenerous on my part to take advantage of this signal proof of your appreciation of what I may have been able to do for the bank In the past. . I earnestly request that you will take imme diate action upon my resignation. Yours sin cerely. A. G. LOOMIS. Officials of the bank. decline to make any com ment on Mr. Loomls's action. When the letter of resignation was read to Samuel Untermyer, counsel for the creditors of Munroe & Munroe, Mr. Untermyer said that he very much regretted the outcomo of the investigation so far as Mr. Loomis was concerned. He added that the con nection of the City Bank with the transactions of Munroe & Munroe had been misunderstood. J It had never been charged in the proceedings or in any testimony that the City Bank had been guilty of a violation of law. The only claim made against it arose from the fact that its debt of $60,000 had been repaid to it on the eve of the failure of Munroe & Munroe, and this would be claimed to be a preferred payment within the meaning of the Bankrupt law and recoverable as such. The resignation of Mr. Loomis from the Na tional City Bank is a development from the in vestigation which Mr. I'ntenneyer has been conducting before United States Commissioner Alexander into the manipulation by Mun roe & Munroe of the Montreal and Boston stock. According to testimony brought out In the course of the Investigation, a syndicate in which Mr. Loomis and A. B. Leach were members ac quired 700,000 shares of the stock, for which they agreed to pay the company at least $700. 000 in money. The larger part of this money was required to pay for the properties of the Montreal and Boston company. Part of these properties, and the most valuable of them, ac cording to the testimony, are not yet paid for. The syndicate, in order to get the money with which to pay for the properties and to supply working capital, had employed Munioe & Mun roe to sell the Btoo.k for them under an arrange ment by which everything over ?1 a share real ized for the stock was to be divided between the syndicate and the Munroes. In the so-called "wash" transactions more than three million shares were dealt in on the curb, but all the money obtained from these dealings and turned over to the syndicate was $139,000. A man familiar with the case said yesterday that it had cost about $160,000 to get this $139,000 of money, of which about $100.000*- had been ex pended for commissions and $-HXOOO for office expenses of the Munroes for three months. Mr. Loomis was elected a vice-president of the National City Bank on March 28. 188©. succeeding A. B. Hepburn, who had a few weeks previously been elected vice-president of the Chase National Bank. Mr. Loomis resigned the presidency of the National Bank, of Hart ford, to take the National City Bank vlce-prsai dcncy. TO SUE SYNDICATE . Preparing Actions Against 31em bers Who Underwrote M. # B. Stock Complaints are being prepared in the office of Samuel Vntermyer. attorney for the receiver and the creditors of Munroe & Munroe, it was an nounced yesterday, in actions which are soon to be brought against the several members of the syndicate which underwrote the TOO.CM shares of stock of the Montreal and Boston Consolidated Mining and Smelting . Company. Through these suits Mr. Untermyer expects to recover the money paid -to the syndicate by Munroe & Munroe on December 7. 1904. the day preceding their failure. It is alleged in the Involuntary bankruptcy petl- Conttnued on third page. QUICKEST LINE TO CLEVELAND. Leave New Tork 5:32 p m , arrive Cleveland 7:15 next morning. Cincinnati ! N p m . lu>ll.inapr>ila 3 00 P m., dt. Louis 916 p. m.. by New Voik C«ctrai Fine dervico. No axccm fare.— Advt. PHIPPS TO HOUSE POOR. FOR TENEMENTS, $1,000,000. Rentals To Be Used in Erecting More Buildings — Trustees. Henry Phipps, formerly of Pittsburg. but now of this city, has placed in the hands of thirteen men whom he has named to be associated with him in a society $1,000,000 to be used to ac quire land in this city and to erect on It im prove] tenement houses for the working classes. The houses are to be built on a business basis. The earnings are to accumulate and are to be used from time to time in putting up more tene ment houses. The announcement was made yesterday by Robert W. De Forest, who said that the following men had consented to act with Mr. Phipps aa trustees of the society to be organized to carry out his plans: Mayor McClellan (ex of-Mharles S. Brown. (Jcto) I Dr. E. R. L Gould. Robert W. Dc Forest. 'W. S. Hawk IMdor Straus. |»'har!*-s A. Hoot*. John Arbuck'e. ! G«ors« E. Gordon. Alfred T White. I John S. Phipps. Myles Tierney. (rharles Stewart Smith. It is understood that Henry Phipps will him self be president of this society, that Isidor Straus will be its vice-president, and Robert W. tie Forest chairman of its executive committee. Mr. Phipps has called in as advisers some of those who are best informed on the tenement house problem. Four of the men named—Rob ert W. de Forest. Alfred T. White. Myles Tier ney and Charles 5. Brown— were members of the New-York State Tenement House Commission of 1900, which framed the present tenement house law. Mr. de Forest was Tenement House Commissioner under Mayor Low. Dr. K. R. L. Gould is president of the City and Suburban Homes Company, which is engaged in building model tenements on an extensive scale. Mr. Phipps in well known in connects with many philanthropic, enterprises in Pennsylvania, among which may be mentioned the playground for children and the free gymnasium, at Alle ghany ttty^roi-the^eft^Phlpps Institute for the Study. Treatment and Prevention of Tuber culosis at Philadelphia. Mr. Phlpps's letter in which he outlines his plans follows: I have asked you to meet me to obtain jour ad vice and awSstanc* on a matter I have had on my mind for some years and which I now have pleasure VpVopofe to organize a society for the Purpose of buildlns tenement houses in the city of New -York. nrefenbrv in the Borough of Manhattan II it can £ c done ad "amaeeously. but if land be found 100 hieh or if building conditions are such as to threaten undue cost of construction or unreasonable delay, then in the other boroughs of the city or cisc- W |°m-iitiow to fclve $1,000,000 for this purpose. I p£t °?ne%eY°enWs to be so planned as to earn about 4 per cent on their cost. after ailc.wing a proper amount for maijtenanee and repairs. I Intend to rave the earnings accumulate and to hi uses from time to time in erecting more tene- m My S w^h is that the rooms should not be rented at a price below the market rate. I do not «M to discourage individual investors *°» .^ll?* *?E; ment houses on a purely business basis. To •!> jnis might check building operations, raise rents and In the end prove injurious to the working people, whom I wish to aid. and who must rely in so large measure on building for purely business reasons to P ?A d here e £ M h cost and great in flation, then the work should go very slowly or be stopped. On the other hand. if there is a period of great depression and lack of employment, it may be well to go fast, and perhaps have more than one building under way at the same time It would certainly be an advantage to have one building finished and rented, and see how it rents and suits tenants, before starting to erect a second. My object is to make this money do as much good "Should like the buildlnjrs to have all the light and air possible, to havo them fireproof and thor oughly sanitary, and so far as possible to have spaces around them. In which the children could P It" may be well to erect buildings for perhaps two or three classes of wage earners, or it may possibiy be better to confine ourselves to one class, '.loping thus to relieve the market and Incidentally benefit another class. I shall look with great interest to the progress of the work, and perhaps may see much of it fin ished while I am here to enjoy it. I Intend to have the gentlemen whom I have Invited to the meeting constitute the trustees of the society, with full power to fill vacancies. One Of the first things will be to elect officers. The trustees are to have the power to do every thing necessary, the same as I could do it were I taking the work upon myself. . To insure the carrying out of the gift. I will deposit in a trust company, or with a committee of this board, sufficient cash from time to time to Insure the performance of my part. Mr. de Forest said that as soon as it was de cided in what locality and how the benefac tion was to be carried out. the facts would be made known. There would be no delay. "Dr. E. R- L. Gould, one of the trustees named by Mr. Phipps. said last night regarding the gift of Mr. Phipps: It Is the most admirable and beautiful kind of philanthropy, for It pays its own way. and It Is a philanthropy which deals with the most funda mental of all social problems of this city— the ques tion of good, wholesome homes for wage earners. As I understand it. it. is not his intention to give away something for nothing, but to deal with the matter on a satisfactory commercial basis. In other words he does not wish that there shall be any unfair competition with builders. Tenement Improvement In this city is needed more than any other one thing. I am glad to be able to say something In this direction, especially as Mr. Phipps has done me the honor to make me one of the trustees This gift fa founded on the order of the Peabody fund of London, which also accumulates. It is a very hopeful thing to find a man who was born outride New-York do such a splendid thing as this, and I should now like to see the city do something. Alfred T. White, who built some mode! tene ment houses in Brooklyn, said: Mr. Phipps. in my Judgment, has chosen the wisest form, of beneficence. The proper housing of all classes Is the first essential to the health of the community and to good citizenship, and it Is a most effective factor In morals as well. In liOndon Mr. Peuhodys original gift, made about forty years ago. has already trebled through accumulative in vestment of th- income, and Mr. Phlpos's similar gift for the benefit of New- York is likely to multiply those results even more rapidly. FRAUDULENT BOOK AGENT CONVICTED. LBT TBI.KCJR.APH TO THE TRIBrNB.] St. Louis. Jan. 13.— Several publishing firms, In cluding Harper & Bros, and Charles Scribner's Sons, of New-York, unted with the Holdaway Pub lishing Company, of St. Louis. In prosecuting L. C. Devaney. «lla« La Bar. a book agent, who w.i - found guilty to-day in the Circuit Court of obtaining books worth 12 o*lo under false pretences and sen tenced to four years In the penitentiary- His wife. Mr« Harriet Isles Devaney. was acquitted of a similar charge. One was rearrested. however, as she was leaving the courtroom on •» charge of hay- Ing passed a fraudulent check ta Waahlcston. D. C. .-*>> ''■■'."• ,-•*•■ » . J. L BRISTOW RESIGNS. TO QUIT POSTAL -SERVICE. President Appoints Him a Special Panama Railroad Commissioner. [FROM THE mm BUREAU.] Washington, Jan. 13.— Joseph L. Bristow, the) Fourth Assistant Postmaster General, to-day handed to th« President his resignation as an officer of the postal service, to take effect on January 20. By an executive order Issued lats this afternoon. President Roosevelt designated JOSEPH L. BRISTOW. Who resiened as Fourth Assistant Postmaster Gen* era I yesterday. Mr. Brfstow as a special commissioner to make an investigation Into the trade conditions and freight rates between the Atlantic and Pacific coasts, and between the west coast of South America and the east coast of the United State* and Europe, to determine the best policy of managing the Panama Railroad. The announcement came at the close of an extended conference between the President. Sec retary Taft. Mr. Bristow and Senator Lonsr. of Kansas. The text of the order issued by the President folio-, It is ordered that Joseph 1.. Bristow. of Kan sas, be appointed a special commissioner for the purpose of visiting the ports of the Pa cific Coast, the Isthmus of Panama, New- York, and such other ports as may be necessary.' to make an investigation into the present tradw conditions and frets! rafs between the At lantic and Pacific consts. across the Isthmus oi Panama, and between the west coast of South America and the east coast of the United States and Europe, for the purpose of determining the best policy to he pursued in the management of the Panama Railroad Company. He is author ized to employ for this purpo-.-e a stenographer at net exceeding ?~> a day and his actual and necessary expenses, and to take evidence of all persons whose knowledge of trade conditions o? rates will assist in r« ich ng the necessary con clusions. The Secretary of War will furnish, to the special commissioner a letter of instruc tions In detail as to the course and extent of his investigation and as t> the time when ha shall report his conclusions. Until this report is forthcoming the commis sioner will be allowed ht3 actual expenses and $15 a day. The President will finally fix hii entire compensation. As Mr. Bristow will need, until January 20, 1 •."".. to close up matters awaiting: his disposition as Fourth Assistant Postmaster General, this order will take effect on that date. The Isthmian Canal Commission is directed to provide the fur.>; needed hi tha execution of this order. THEODORE ROOSEVELT. HASTENED BY CLASH WITH WYNNE. After the conference at the White House Sen ator Long said th*t the transfer of Mr. Bristol from the Postoffice Department to work in con nection with the isthmian can] had been under consideration for a long time. "Secretary Taft." said the Senator, sired, to utilize Mr. Bristow"* services In connection with the work of constructing the canal, and has had the idea in mind of appointing him a, commissioner to investigate trade, and freight conditions ever since he returned from the Isth mus of Panama. The President readily ac ceded to Secretary Tjaffs suggestion, and. as the work will be- c «-."#Pr congenial. Mr Bristow has accepted the new position." Mr. Bristow has had Interviews with th© President and Secretary Taft regarding- the transfer, but his final determination was not reached until to-day. His decision to accept the special comrr.issionership was hastened, it Is understood, by the transfer yesterday of tBS division of postoffice inspectors from the bureau of the Fourth Assistant Postmaster General to the direct control of the Postmaster GeneraL Mr. Bristow regarded the transfer of the divi sion as a reflection on him. Th the order waa not Issued with the idea of humiliating Mr. Bristovr is shown by the President's action to-day. Mr. Bristow will continue as Fourth Assistant until the -Oth, when he will Immediately taka up his new duties. He has not considered definite plans for the work, and will not under take to map out any plans until he enters ac tively on his new. task. Detailed instructions have not yet been transmitted by Secretary Taft to Mr. Bristow. bu: will be prepared by January 20. The Information to be obtained through this method of inquiry will, it is be lieved, be of vast importance to the government in Its operation of the Panama Railroad, and] the thoroughness with which Mr. Brlstorv con ducted his branch of the postonVe Investigation FLORIDA'S FAMOUS TRAINS. -N T. & Fla. Special." 2:10 P. M.: "Frx *"Weet mdlan Ltd," 9:25 A. M. Unexcelled service via Perm.. & Atlantic Coast lane. Usi E'w«.y» XT.— Alrr.