OCR Interpretation


New-York tribune. (New York [N.Y.]) 1866-1924, November 18, 1906, Image 4

Image and text provided by Library of Congress, Washington, DC

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83030214/1906-11-18/ed-1/seq-4/

What is OCR?


Thumbnail for 4

A
WOULD EXPEL WITTE.
Rfoscotv Reactionary Newspaper Bit
terly Assail* -Premier.
Moscow, Xov. 17.— The Vledomostl. of this
'city, a reactionary organ, published an article
»to-day demanding the expulsion of Count Witte
'from Russia, en the ground that he is the em
pire's evil genius, and announcing that the ex
' Premier will remain In Russia at the peril of
his life.
In reactionary circles the allegation Is fre
quently made that Count WJtte betrayed Russia
In assenting to the Treaty of Portsmouth and
in Inducing Emperor Nicholas to issue the re
form manifesto of October 10, 100.1.
RUSSIA HAS ANOTHER RURIK.
Heavily Armed Cruiser Takes Place of One
Sunk by Japanese.
Barrow-in-Furnees. Bngland, Nov. 17.— Rus
sian cruiser Rurik, named after the cruiser punk
by the Japanese in the Straits of Corea in August,
3S«H. was launched here to-day. She is of 15,200
tons, heavily armed, and Is expected to steam twen
l ty-one knots. It is asserted that the Kurlk Is the
most powerful cruiser afloat. She Is extensively
armored, and torpedo net* and booms are dispensed
with, reliance being placed on her structural ar
rangements to repel a torpedo attack.
The Rurik Is one of two vessels of 15,000 tons each
being built In England, and Intended for the new
Russian navy. They will each mount four 10-Inch,
•Ight 8-lnch, twenty 4.7-inch and fourteen smaller
RUM.
TWO RUSSIAN ASSASSINATIONS.
Garrison Commander and a Soldier Shot and
Killed by Unknown Persons.
Poltava, Ml— ls. Wov. 17.— General Polkownlkoff ,
commander of the garrison here, was ehot dead to
night, and a soldier who wfls passing at the time
also was killed by unknown persons.
DETERMINED TO KILL GEN. RHEINBOT.
Moscow, Nov. 17.— Th© Social Revolutionists to
day Issued a proclamation paying that they regret
led the failure of the attempt on the life of Gen
eral Rheinbot, Prefect of Police of Moscow, at
whom a bomb was thrown by a revolutionist on
November 12. and announcing that their efforts will
be persisted in until successful.
TITLED PARISIAN CABMAN DEAD.
The Marquis de los Gouet-Gourand Member
of the Old Spanish Nobility.
Paris. Nov. 17— The Marquis de los Gouet-
Gourand, a member of the old Spanish nobility
and a familiar figure in the streets of Paris,
■where he earned his living as a cabman, is dead.
BOER RAIDERS CAPTURED.
Werreira and All His Followers
Caught by Colonial Patrols.
Cap* Town. Nov. 17.— Ferreira. the leader of
th« Boer raid from German Southwest Africa
Into the northern pert of Cape Colony, and all
his followers were captured to-day by colonial
patrol*
It mm announced from Cape Town on November
SJ) that several Boers -recently employed In German
Southwest Africa, led .by a man from the TraJis
"Vtial Colony, named Ferreira, had entered the
northwestern part of Cape Colony and had sur
prised a police camp in the neighborhood of Wit
kop, wounding two troopers, selling their arms and
ammunition, and subsequently capturing a corporal
of police. Ferrelra obtained some recruits by a»
eertlng that an uprising In the Transvaal was Im
minent. He Intimidated a number of farmers in
the district In which he- operated, and captured
come traders and a few other parsons. The colo
nial government promptly took steps to suppress
the raid, but owinsr to the nature of the country
the pursuit was difficult. In the mean time one
of tJje wounded troopers died, and in a skirmish
rear Upington one of the raiders was killed and
another was wounded. Ferrelra was then moving
eastward Three of Ferretra's followers. Including
«n« of the raider's brothers, were captured on No
vember 15.
TO COMPLETE CHTJECH INVENTORIES.
French Premier Orders Continuance of Work
of Separating Church and State.
Paris. Nov. 17.— Premier Clemenceau has in
etructed the prefects of the departments, under
the law providing for the separation of Church
and State, to complete Immediately inventories
of the remaining churches, the work having
been discontinued, after sixty-live thousand in
ventories had been made in the spring, owing
to resistance and disorders. Of the thirty-five
hundred unlnvenmrled churches five hundred
are •■ the Department of Ave>Ton, which had in
tentionally been left unentered, owing to the in*
tenee Catholicism of the Inhabitants, and a re
newal of the disturbances is not unlikely.
In connection with the Instructions Issued by
the Premier, it is announced that War Minis
ter Picquart and M. Clemenceau are preparing
a new military oath for officers, to Insure their
loyalty to republican principles p.nd their faith
ful execution of the orders of the government.
This step is considered necessary, ac many offi
cers flatly declined to obey orders during the re
ligious strife.
Angers, France, Nov. 17. — Monslgnor Rumeau,
Bishop of Angers, has issued a pastoral letter
to the priests and pariahoners of his diocese
recalling the papal injunction against the for
mation of cultural associations, under the pro
visions of the law providing for the separation
of Church and State, and solemnly warning
them that transgressions of the injunction will
be visited by excommunication and exclusion
from the sax-rantents, and also, In the event of
<J*ath, from burial In holy ground.
ADDICK6'S FARM TWICE SOLD.
[By Tel*gra.rh to Th« Tribune.]
■Wilmington, Del., Nov. 17. — Carcroft, one of
7. Edward Addlcks'e far .., was sold again to
day by Sheriff Gillis. It was purchased by
Charles S. Hinchman, of Camden, N. J., f or
$31,000. H- holds a Judgment against Addlcks
for 547.000. He purchased this farm several
weeks ago for $16,000. The sale to-day was to
satisfy a mortgage of $33,000.
££ ES^SSp $$
Humphreys* Seyenty-
Seyen Cures Grip and
A Common Cold is taken when the skin
becomes colder than is natural. The in
stant a chilly sensation is felt, the mischief
is done ; but it can be rectified so that no
harm follows by the use of "Seventy
seven." The first dose restores the checked
circulation, starts the blood coursing
through thf veins, the skin warms up and
the Cold is broken.
"77" is for Grip, Colds, Influenza, Ca
tarrh, Pains and soreness in the Head and
Chest, Hoarseness and Sore Throat.
At DrugrUts, 2.'i eSSSS or n.allad
TAFT WELL PLEASED
Finds Condition of Western Forts
Satisfactory.
[From Th« Trlbun* Buroau 1
Washington, Nov. 17.— The Secretary of War,
accompanied by General Barry, chief of staff,
his aid. captain Hutchlnson, and Quartermaster
Genera] Humphrey, returned to Washington to
day after his long Western trip. In the course
of which he Inspected various army stations
with a view to ascertaining their availability as
brigade posts. The forts Inspected by Secretary
Taft were Russell, in Wyoming; Robinson, In
Nebraska; 'Leavenworth and Rlley, In Kansas;
Sill, in Arizona, and Sam Houston, in Texas.
The Secretary also visited Fort Sheridan, but
his visit to that post had to do with a claim
against the government.
While the Secretary is not prepared to make
public the results of his inspection, he said to-day
that he found everything In a most satisfactory
condition and was well pleased with the results
of his trip. The elevation of these forts to
brigade posts Is not likely to be accomplished
by a single law or regulation, but will be mere
ly the gradual evolution and development of
the policy which the administration has adopted
for gradually bringing the army in the United
States together in brigadier generals' com
mands. The process will naturally be slow,
but It will be certain.
Of course, economy and good administration
dictate that the forts where existing reservations
Include sufficient land be the first to be elevated
to brigade posts, but at most of the posts It wll*
be necessary to acquire some additional land by
■way of squaring the corners of tho present hold
ings, etc., in order to make possible the proper
arrangements of the buildings and parade
ground for the larger establishments.
Secretary Taft did not find reports from Gov
ernor Magoon indicating as difficult a situation
In Cuba as the press dispatches from Havana
have indicated, or as was feared by certain army
officers at the department, although he has not
yet had an opportunity to talk with the officers
who have returned from Havana since he went
west. That the situation is serious is not denied,
but that has been appreciated from the first, and
tho hope is entertained that in the natural order
of things Cuba will recover from the effects of
the recent disturbances, and that under the firm
hand and tactful administration of Governor
Magoon all may yet be well, despite the diffi
culties which some of the professional trouble
makt-rs are putting in the way of tho Governor.
TO LOOK INTO SCHOOL QUESTION.
Japanese Ambassador Will Visit San Fran
cisco — Inquiries in Tokio.
Washlngion, Nov. 17. — Viscount Aoki, the Jap
ane«e Ambassador, will make a trip to the
Pacific Coast In a few months to study the con
dition of Japanese In the Far Westeren states,
with th<=- special view to learning the exact
causes of the friction between Callfornlans and
his fellow countrymen.
The exact dat« of the Ambassador's trip has
not been fixed, but he has had it under con
templation for some time, and probably will go
soon after th« coining session of Congress esids.
All of the important cities on the Paclflo Coast
will be visited by Viscount Aoki. who is espe
cally anxious to acquaint himself with the r«
marka.ble development of Washington, Oregon
and California. He will also probably make a
number of stops in cities in the mountain states
and in the Mississippi Valley. Although the
Ambassador has crossed, the American con
tinent several times, he has never had an op
portunity to stop In the various commercial
centres and study the industries which flouißh
throughout the Middle and Far West.
Tokio, Nov. 17. — Viscount Hayashl, the For
eign Minister, to-day received a delegation from
the Constitutional and Progressive parties, who
called upon him with reference to the action of
the authorities of San Francieco in excluding
Japanese from the public schools of that city.
The Minister assured the delegates that the
views of the American and Japanese govern
ments were in perfect accord on the subject, and
said that he hoped for a satisfactory settlement
of the matter in time by evoking Article VI of
the Constitution of the T'nlted States, making
all treaties the supreme law of the land, any>
thing In the constitution or laws of any state
notwithstanding. Minister Hayashl concluded
•with assuring his callers that th<--re was no
danger of Injury to tho traditional friendship
between Japttn and the T'nited States.
CAPTAIN SCHROEDER NOT BLAMED.
Collision with Battleship Virginia Fault of
Steamer Monroe. •
Washington, Nov. 17.— The Judge advocate gen
eral of the navy hns concluded his review of the
proceedings of the naval board which investigated
the collision between the battleship Virginia nn<l
the Old Dominion liner Monroe. In Hampton Roads
a fortnight ago.
It is understood that the board found that Cap
tain Schroed«r and tho other officers of the Vir
ginia were blameless In the matter, the navigation
laws expressly declaring that in a collision of this
kind the overtaking vessel is always to blame.
Therefore, no further proceedings were recom
mended. *
ELECTION RTJMOR CAUSED UNREST.
Nothing Known in Washington of Change
of Date in Cuba.
Washington, Nov. 17. It appears that the present
agitation and unrest In Cuba spring in part from
the publication recently of a statement to the ef
fect that instead of holding the elections there next
June, as originally proposed, n has now been de
dded to hold them in December.
It may be Bt.Hfd on authority that nothing Is
kn'<wn in Washington by tho officials having to do
with Cuban an*! rs of any purpose to hold the elec
tions this yeai It is further stated that it is man
ifestly Impossible to fix the date for the elections
much be f (i re .) ;ne 1.
INSPECTOR SMITH RETIRED.
Captain John*W. O'Connor Appointed His
Temporary Successor.
Againat his will Police Inspector Elbert O. Smith,
one of th« oldest omcc-rs in point of service and
one of the best known, was retired yesterday on
half pay. $1,750 a year, by order of Police Commis
sioner lilngham. This is tho second time within
two year 3 that Smith h:is had this experience. Ha
was forced out of the department on the ground of
physical disability, under Commissioner MoAdoo.
The courts reinstated him on account of a eus
talned technical objection that the board of police
Burgeons had not been properly constituted at the
tinvj they had made their report as to the inspec
tor's physical condition.
In place of Inspector Smith Commissioner Ring
ham ordered to the command of the sth Inspec
tion District Captain John W. O'Connor as acting
Inspector. He is one of the captains at "hi- head
of the eligible list for promotion to Inspectorships,
Of whom Commispioner Bing-ham said some time
ago that none of, them were worthy of the ottice.
GARDEN CITY A POPULAR SUBURB.
Garden City is becoming more and more a rendez
vous for automobile enthusiasts, and any Saturday
or Sunday scon - of machines may be seen at the
various hotels. A fine new station will shortly be
ready near the property of the Garden City Eb
.tates, which will afford an easy means of, reaching
the valuable properties in this pretty I^ong- Island
settlement.
Garden City Is already one of the favorite resi
dential sections for New Yorkers. With good rail
road service, excellent roads and every urban ad
vantage, it la the opinion of real estate experts
that It In destined to bo one of the most popular
of the greater city's Buburbs.
ATTEMPTED MURDER OF BARON DENIED.
Berlin. Nov. 17.— The statement published in
the United States yesterday In a dispatch from
Berlin that an attempt had been made to mur
der Major Speck yon Sternburg, brother of
Baron Speck yon Sternburg. the German Am
bassador to the United States, was a gross ex
aggeration. The facts are as follows:
A laborer twenty-seven years old tried to en
ter Major yon Stern,burg's home, In the Gross-
Llchterfelde suburb of this city, under the pre
tence of trying to obtain employment. When
the major refused to employ the man the latter
kicked him, whereupon Major yon Sternburg
knocked the man down. He escaped from tha
house, but was arrested later. The major was
not injured- ,
NEW- YORK DAILY TRIBUNE, SUNDAY. NOVEMBER 18. 1006.
WHERE THE TUNNELS MET.
Phofograph taken «race the shields were removed shows how exactly th» tubes Joined after their
three U»omiand feet Journey i under the river. - '
MUTUAL CASE DROPPED.
Continued from flrrt pa**.
tentlon can be made that In law these pay
ments amounts to the crime of larceny, al
though the moral elements Involved differ very
little from those Involved in that crime.
Again paying his respects to the Insurance De
partment, he adds:
It must be remembered that the Superinten
dent of Insurance knew, or had the power, under
the Insurance law of learning at any time, the
salaries paid to all officers of the company, and
If, In his opinion, these salaries were exorbitant
—and he had no other method of controlling
them — it was his duty, under the Insurance law,
to recommend to the Legislature such legisla
tion as would have effectually prevented a repe
tition or continuation of the abuse.
On the question of "nepotism" he says:
As In the case of salaries, so In this case If
the moat flagrant Instance of favoritism does not
Involve the commission of a crime, others of less
importance do not, because the circumstances,
fo far as they affect the criminality of the trans
actions, were Identical.
On the same subject, regarding the Raymond
contracts, Mr. Jerome says that the Insurance
Superintendent could have learned readily that
such contracts were outstanding, adding that he
is "of the opinion that It cannot be successfully
contended that the crime of larceny was commit
ted."
Regarding ex-President McOurdy's testimony
on this question, he eayst
However little one may be inclined to believe
the statement of the president of the Mutual
I-lfe Insurance Company, in view of all the cir
cumstances, that he knew nothing of the terms
of the contracts between Raymond & Co. and
the Mutual I,lfe, and however irresistibly the
mind is driven to the conclusion that the con
tracts between Raymond & Co. and the Mutual
Life were the result of the president's son-in
law being a member of the firm of Raymond &
Co., there does not teem to be any legal evidence
of the commission of a criminal offence. And
here It might be proper to state that while it Is
difficult to believe^ — and to most minds Impossible
to believe — that the president of the company
had no knowledee of the terms of the contract
botween Raymond & Co. and the Mutual Life,
and therefore was committing perjury when
he testified before tho joint committee to that
effect, yet I have not been able as yet to obtain
any legal evidence other than the inherent im
probability of his testimony, which would tend
to show that the president was committing per
jury before the Joint committee. The Inherent
improbaliilit'.os of his testimony alone are not
sufficient evidence, of the commission of perjury
to warrant proceedings against the president for
that offence.
Under "Lrgal Expenses," on the subject of
tho MutuaTe '•?2r>.000 payments" drawn from
th« Morristown Trust Company deposit. Mr.
Jerome says:
What was done with any particular sum so
drawn It has not been possible to ascertain. The
committee on fxpf-nriiturcs kept no hooks of ac
count, nor any memoranda showing for what
purpose these very large sums were expended,
and the, ■". idf ncp obtainable on the subject Is of
tl'^ most vague character.
Mr. Olyphant is apparently unable to explain
for what purpose the large sums of money pass
ing through his hands^from this fund were used.
Mr. Gill'-tte's account of what was done by
him with the moneys received from tho chair
man uf the committee on expenditures is ex
tremely vague and unsatisfactory.
Mr. Jerome "concludes" that the purpose for
which this Morristown fund was employed
"could not have been legitimate, and I think
that no small part of It was employed In what
was substantially bribery. He continues:
In considering this case it Is not necessary to
discuss whether or no Mr. Gillette has or has" not
committed a crime or crimes In connection with
this account. For. as will subsequently appear,
there are several indictments for felony pending
against him because of his conduct relative to
affairs of the Mutual Life Insurance Company
In which the crime charged is much clearer and
more susceptiMe of proof than any acts of his
In connection with the transactions under dis
cussion. Nor will it be necessary to consider
Whether or not Andrew C. Fields has committed
a crime or crimes In this connection, because., ns
will appear hereafter, it became absolutely nec
essary, In order to obtain legal evidence, against
more important personages, that Fields should
be aoo«.pted as n state's witness and promised
Immunity for the crimes, if any, that h« had
committed. .
On th» subject of "forgery by causing false
entries to be made." ho says:
I have made careful Inquiry from experts
skilled In the science of accounts and In the
art of keeping bonks, and while those whom I
have ro nsu ]te(l have condemned the method of
bookkeeping practised by the Mutual Life In
surance Company In its apportionment of ac
counts and its methods of entering charges I
am yet Informed that to charge to the account
of legal expenses moneys employed in promot
ing or opposing legislation Is not so inappro
priate as to enable It to be said by those skilled
in such matters that the entry is a false one.
On the "bribery" phase of this question, he
says:
It has been found absolutely Impossible to
obtain any legal evidence showing that any por
tion of this money drawn from the Morrlstown
Trust Company was employed for the purposes
of bribery
His finding is nlmllar on the "conspiracy"
phase of this question. As to "general legal ex
penses as charged on the books of the com
pany," he says:
The then general solicitor of the company Is
dead, and I have not been able to obtain any
evidence which would show that the payments
made and charged to this account Involved the
commission of a crime.
An to Andrew C. Fields, the ex-head of the
supply department, Mr. Jerome states:
Fields has not been indicted because It wus
necessary to accept u lrn aa state's evidence and
promise him immunity, In order to obtain legal
evidence agalnsi Walter R. Gillette, the nrst
rice-president of the company, who is now
under Indictment. There is no legal testimony
which I hiive bean able to obtain that Implicates
In these Iraiisactionw any one other than Field*
Gillette and *onie of the parties not In
the employ of the Mutual who testified under a
promise of Immunity.
On the subject of "Campaiirn Contributions"
Mr. Jerome says:
There are only two general statutes of the
state which It Is conceivable could apply to
such contributions; namely, the statute in re
gard to larceny and the statute in regard to
forgery- So far as concerns the crime of lar
ceny, in the absence of false entries, reference
is made to the case of the People ex rel. Per
kins agt. Moss. 113 App. Div., 327, a case now
on appeal to the Court of Appeals, which is a
case well adapted to finally settle the bald ques
tion whether or not the contributions of the
funds of such a corporation as that of the Mut
ual Life Insurance Company for political pur
poses constitute the crime of larceny.
On "False Statements to the Insurance De
partment" Mr. Jerome declares:
The law was not so framed as to require the
verification to be made upon positive knowledge.
It was sufficient if it was to the best of the
knowledge, information and belief of the persona
making the verification. In more than one In
stance these reports to the Insurance Depart
ment were untrue; but I have been unable to ob
tain any legal evidence which tends to show that
tho persons verifying these reports had knowl
edge of the particulars in which the reports were
untrue. Those officers of the company who
were aware of the incorrectness of any report did
not verify- it, and those officers who did verify it
were unaware of the incorrectness, or, at least,
could not be proved to have known of It. Con
sequently, It has been Impossible to base any
criminal proceedings upon the Incorrectness of
these reports. Moreover, the forms provided by
the Insurance Department were not 6uch as
were best calculated to guard against these In
correct statements; and. in at least ono instance,
the Mutual Life Insurance Company was al
lowed to report upon a form materially different
from that provided by the Superintendent of In
surance.
On the relations of the Mutual Life to sub
sidiary companies Mr. Jerome asserts that the
facts alone do not furnish legal evidence of the
commission of a crime. He makes a similar
finding on the question of the "Lawyers' Mort
gage Insurance Company" and on participation
In syndicate transactions.
TO GOVERN INSURANCE.
Committee of Fifteen Finishes Work
and Adjourns.
Chicago. Nov. 17.- The committee of fifteen, which
has been In session for the last week drafting
projected flaws for the control of life Insurance
throughout the country completed Its work to
day and adjourned. No complete report of the
contemplated recommendations was made prior to
the adjournment, and it will not be prepared for
some time. Sixteen new laws have been drawn
up, and It 1s believed by the commissioners that
they will, if adopted by the various states, correct
the greater part of the abuses In the management
of life Insurance companies.
The proposed new acts may be summarized as
follows:
A standard policy art, which provides six forms
of uniform policies for use by all life insurance
companies.
Ari nnual apportionment, act, which requires life
insurance companies either to pay annual dlvtdenrla
or credit the amount earned t" the dir'teient policy
holders. This act limits the amount of surplus
which the companies are permitted to retain m
their treasuries.
An act prohibiting discrimination and rebating
beween agents and pollcyholders.
An act prohibiting corporations from acting as
agents of life insurance companies.
An act regulating the election of the directors of
mutual life insurance companies.
An act prohibiting the publishing of estimates
and illustrations which misrepresent the terms of
any policy or the beneilts or advantages promised
thereby.
An act prohibiting life insurance companies from
making any kind of political contribution.
An act forbidding insurance companies from ex
tending more than $s.tOt) for any specified purpose
without the consent of the boards of directors.
An net prohibiting lifrt insurance companii s from
paying any officer a salary in excess of 160.000 an
nually.
An act regulating the Investment of lite In
surance company funds.
An act making the policy the entire contract be
tween the interested parties.
An act defining the status of the persors who
solicit life insurance.
An act prohibiting life insurance companies from
issuing participating and non-participating policies
An act regulating the disbursements of life in
suranco companies.
An act rec-iilatlng companie« run on the life as
sessment plan.
An act regulating the retirement of the eipital
stock of life Insurance companies.
POLICYHOLDERS IN THE LEAD.
George R. Scrugham Says Their Tickets Will
Carry Mutual and New York Life.
Qeorge it. Scrugham, the international commit
tee's manager, in a statement Issued yesterday
■aid that the policy-holders' tickets, both for the
Mutual Life and the New York Life, had now a
substantial majority of the votes cast. Forty per
cent of the entire vote had been east, he said. He
added:
The vote cast on any single day sine* the elec
tion began has been In excess of the entire vote
cast in the election of trustees for the last Bye
years.
SWITCHMEN WILL NOT STRIKE.
Grand Master of Union Says They Will Stand
by Agreement.
Minneapolis. Nov. 17.— There will be no strike
by the switchmen of the Western railroads. This
was the emphatic declaration made to-day by
Frank T. llawley. grand master of the Switch
men's Union of North America. The Western*
switchmen will stand by the agreement mado
with the railroads a week ago.
BTATE HIGHWAY BONDS ON SALE.
Sealed proposals for the purchase In whole or in
part of $1,000,000 In bonds to bo luu.ij by New York
State! for highway improvement will be received
from now on until December II by the State Con
troller In Albany. The bond* may be purchased
In cither registered or coupon form. They will bear
annual 3 per cent Interest from December 1. 1900.
payable Bemt-nnnually on tin- tlrst days of June
and December, and ilia principal will be payublo
on December 1, liMk
LfKES BANKERS' PLAN
Secretary Shaw, Ho-xcver, Leave*
Currency Question to Congress.
Washington, Nov. 17.— Secretary Shaw of the
Treasury has authorized the following state
ment on the subject of proposed curr^n^y legis
lation:
In his previous reports Spcretaiy Sliaw has
reeomrnemltd currency legislation, but han neTer
recommended any particular pl;ins to th» *x
clUFlon of others. He has been much gratified
at tho attention Rivn the subject by chambers
of commerce, by bankers' association and by
committrps appointed by each. He hn* re
mained In the Cabinet largely In the hope of
securing some legislation oa the subject, but
he has not recommended, and will not recom
mend, details of legislation. That Is the prov
ince of Congress, und^r such advice as It may
deem wise to invite or to which It may have the
opportunity to listen.
The Secretary will be pleased beyond measure
If Congress will adopt every detail of the plan
recommended by the rerent committee at bank
ers and business men. He thinks Congress will
havo no difficulty in working out a plan thereby
satisfactory to all, though In detail meeting the
wishes In every particular of r.o on« man. when
ever it decides to legislate on the subject.
When Congress decided to pass a tariff law
the Dlngley bill was promptly put on th* statute
books. When It decided to enact a pold Ktand
ard measure the net of March 14, 10***. was the
quick result. When It decided to pass a rat«
bill no unnecessary delay ensued. If it shall
unr!prtake to add an elastic feature to our pres
ent currency system the Secretary has no doubt
of favorable results in short order. That such
legislation Is imperative he thinks recent Treas
ury experiences m;tke apparent. In hi 3 report
he will strongly urge that something be ilone.
and may suggest several methods for the con
sideration of Congress.
The Secretary of the Treasury, being charged
only %vlth the responsibility of administering
his department under the law as It exists and
of making report to Congress, will not assume
the responsibility involved In recommending the
details of needed legislation. The subject mat
ter and the end necessary to be attained he will
fully discuss.
P. 7?. R. TUBES JOINED.
Hardest Work on North Rker
Tunnel Completed.
With the removal of the shield yesterday the two
tubes of the Pennsylvania Railroad tinder the
North River were Joined and one of the hardest
pieces of work In the entire tunnel system was
practically completed. In the illustration Is shown
exactly how the two "skins" joined after they met
In the middle of the river. The result caused com
plete satisfaction to all concerned, as it showed
that practically no error was made In the original
calculation. The tub«a met within a thousandUx of
an Inch of the survey.
From shaft to shaft the tunnels traversed 7,000
feet. The Dortion actually under water la about
6.">j feet. The Iron lining that Is to be used is of
the same material aa that which was exhibited at
the St. Louis Exposition.
Work on the tube from the Jersey shore pro
ceeded faster than from the New York aide. On
September 5 last it had passed the centre of tha
river. The nrst official trip through the tunnel was
made on September 13, under the direction of John
F. O'Rourke, head of the contracting company
that bored the tube.
CRITICISED BY CLERGY.
Dr. Morgan Dix Describes Mrs.
Parsons* s Book as "Outrageous."
One clergyman of this city will devote some time
in his sermon to-day to speaking against the
ideas set forth- In Th» Family," the book Just
written by lira. Herbert Parsons. th» wife of the
Congressman and president of the Republican
County Committee and the daughter of Henry
Clews. "Outrageous 1 " was tha word used by the
Rev. Dr. Morgan Dix In describing the book, which
advocates a definite period of probation In mar
ria.?e. and other things of the sort which would
remove the Jurisdiction of law over Individual da
desire. Dr. Dlx said:
lam even now preparing- sermon. In which I
shall take up the question «nd do everything In
my power to counteract the spread of such theories
and their affect upon society. '—
The idea of men and woioea living like animals,
separating at will and contracting new alliances,
leaving the children parentless- and subject only
to the care of the state, Is barbarism and nothing
else. The proposition to abolish the clause In the
di voice law prohibiting the marriage of divorced
couoles is almost as reprehensible. No divorced
person can be married- in any of. the nine churches
In my parish, no matter for, what causa the
di'j^rce may nave been granted.
me proposition to reduce the number of children
and to keep down the progeny of married couples
also is most offensive, and la a menace to morality
and to th© stability of society.!- 1 consider that the
th varies of Mrs. Pars ins aro most outrageous, ana
will combat them at length and, with all the force
there la In me.
The Rev. Madison C. Peters . apparently did not
regard Mrs. Parsons's book aa.Qf such Importance
as to warrant much Indignation. He did not find
that any of her theories", as Judged by the excerpts
shown to him from newspapers, were particularly
new or beyond those put forth to the world long
ago by George Meredith. He said:
Marriage to-day Is such, a transient affair In
many cases that Mrs. Parsons's. suggestion of trial
or probationary marriages does not strike us so
much as an Innovation aa a plea to countenance
certain existing conditions. The increasing num
ber of divorces already has made marriage a
temporary phase— a trial.
With Mrs. Parsons, however. I agree that there
should be one code of morals for both sexes. Still,
the way that the average man has placed woman
on a pedestal of virtue, from which he has more
than likely fallen, and hi? demand that she should
be better than he. is an Indirect, but very sincere
compliment to her sex. It Is well that the wife
and the mother should be above reproach in
every sense.
Dr. Peters believes that the mother, rather than
the state, should still care for children. "A
training school for mothers Is what we need more
than public school nurses." he said. Continuing
he said: *
Certificates of health should be necessary for per
sons who wish to marry. The number of marriages
between persona utterly unfitted for their dutie*
as husbands, wives and parents. Is a disgrace to
%s&?s fhe n n2tio;.^ thh ° h - »«tal 6 anS
STREETCAR MEN TO GET INCREASE.
Cincinnati, Nov. 17.— 1t was officially an
nounced her« to-day that the two thousand
motormen and conductors of the Cincinnati
Traction Company would receive an Increase in
wages of one cent an hour on January 1
EXPLORATION COMPANY OFFERS STOCK.
The National Exploration Company of N> V ada!
with offices at No. ■ Broad street, offers for su£
scription at $10 a share, the- par value th. k-i
of It.s nm issue of sofo) shares of ! carital^ock*
T , ll 2n m, any says il ha * an authorised canltawi
M.000.0W. consisting of 100,000 full paiS Z'lS'
assessable shares. The comnanv n,Vv n^ non *
right eleven claims. Prt^7bcu?two W m!nCi
acres of gold and silver beasn B property Vn^h*
immediate vicinity of the old Llh^rfv i th .**
says, and is about to e»eWC ©ptlons'on™^^ l ?
other mining properties situated in th 2 -*2
mining .listri ?ts In Nevada. lea m tha richest
BEAUTIFUL COMPLEXION
lady of Fifty I „,,k«i I ifc,. sUtr«-n.
A Nashville lady found a way to beautify her
creams ° n "** ° f «™S or%JS
"Before I began the use of Grape-Nuts - sha
writes. "I was convinced I could not nil' J«t»
was gone and hearing very poor
"My family thought I had dropsy and 'could
not get well, and I only ate Grape-Nuts "becauS
I slept better afterwards did not dream icouM
'gfvo ce n mm u rr p eI Lp CC cUrede Ured - had qUU a ' 1 1
SKJSSL ?o r Th°re7Ve a a nn r i :
without relief. I commenced eating Grape- Vu"
l°°ni »r cc UU n, eS a lay1 ay and now ' I am^ound as
a dollar, am In perfect health, fifty years oM
S? slx?ee nn CC ° mi>leXlOn 1S bHter than ,ome%,°r^
*ZL never have headache, nerves are strong
Sn ? urn mUCI ? improved l "**4 no glasses, hea*'
and kidneys in perfect condition
«n^?" r Gra . re " Nutfl alone cvr ed me and I cannot
find words to express my thanks to the Postum
£«' X hav * t ? ld hunrtrtlds of poople what cured
™Si»." us B!mple food that I could digest "
Co. Th B c a r rtre a CrS^i,eh Xarae * u * n by P ° StUm
hJL l n"i^ M i amnaM Persons what damage has
beuer ?JLv y * mP h mper calln *' no? knowing any
he Btor\* y 'n^ i ['.k lll^ to Ora P«-^* ut s soon tells
Swiss- ?n C ppsl s i 6 fUm ° U3 book « Th * Road »«>
The Fin an rial World,
Mere dividends for shareholders-no-,
for employes-ana plentiful surplus* il***
™. „ the mounting and maturlnT^*
■ better yet. own year-and Wl *• Is
better yet. *•* Aj
Following the initiative of Peansyham.'
road after railroad announces volnnt **
crease of wage,. Among the more ££*;
are Reading. Union Pacific and St Pa«L^
York Central and other Vanderbilt rn7* *•»
shortly take similar action ri « ,^T~ '— »
that satisfactory settlement as toVaj-sS*'
made with its employes. This Is practical
tribution of wealth." Labor finds no dic
tion on the part of capital to withhold f-a *
Its just share of profits. Railroad e^'.i U
alone will receive ten» of minions moV
year than this year. Clamorous shrl«w!
against corporations as public robbers will
no large audience while corporations cootto.
the policy of sharing profits equitably 2?
laboring men. ~*
Coincident increase of dividends and w»«w ,
concrete evidence of growth of earni *
completely refutes the Insinuation so -
heard that "bookkeeping" is responsible •«
results shown. Bookkeeping could no: btoim!
the actual cash which is being paid out"!!
from the point of view of the shareholder»
outlook la gratifying-It would seem that^lZ
approaching the termination of the. policy .
eating up earnings In construction and better
ment accounts. Shareholders are now tsTeafe
the fruits of that policy-find themselves i?
prletors of railroads built up to the hfclS
physical standard attainable— capable of has*
ling a traffic of proportions undreamed* of bat
ten short years ago. The railroad problem w*!Z
out its own solution In a way satisfactory to
shareholders and to the public.
Another signifying and Important Incident *s
the sweeping reduction of rates by Union Pada.
simultaneous with its Increase In wages. H r,
is one great system which finds it feasible to b*
crease dividends, advance wages and redact trs"
flo rates at one and the same time. And If ti£
policy Is to be pursued generally It will *r£r
ually settle the agitation of discontent
Of course, none of these results could >■«..
been achieved but for the abounding prow,*-!
which has blessed this country year after **L
to such wonderful extent. But all credit to in*
to that wisdom of corporate management which
has recognized and utilized opportunity fad
dental abuses and evils. Inevitable in aa'hana*
transactions, have been disclosed In certain
phases of corporate management, but how petty
they are compared with the tremendous benefln
confronting us.
Money market action seems to Justify the re
fusal of Secretary Shaw to Interfere. Tha rat
ter Is righting Itself. Call loan rates har» re
ceded to what for the time being must be oon
sldered normal— six per cent, aa an average :*y S i.
Wall Street, adjusting Itself to thin, will flad m
hardship.
In times of great prosperity money must com
mand good rates because everybody with ambi
tion and energy has profitable use for it. Cheap.
er stocks, which are not bought for drndtnl
yield, but for promise of Increase in value, are
but slightly affected by an average advance
of two or three per cent. In the money rata.
Take, for example, such properties as Steel com
mon, or Erie common, or Rock Island— no ew
buying these on faith In their future Is gotntts
object to paying six per cent, for carrying—m
deed. as a matter of fact, the "public" very sel
dom pays less even when money Is low.
It looks now as If the corner has been turaej
There will aoon be return flow oi currency from
the Interior and large drawing of bills «g«i-«
seasonal exports. Any little flurries In th» sjfl
loan market from now on ax* not likely to 'ami
long nor cause distress.
Tnat the security m«rls«t finally N9g-ia« £« re
flect existing and expanding prosperity condi
tions showed with some clearness toward th»
end of the week. Stock Exchange quoUSbbs
becoming actually buoyant. It begins ta be
realized, moreover, that th* distribution of ex
traordinary special dividends may be now a
pected from both Great Northern and XHske
Pacific headquarters. James J. Hill's progracsa
has been long maturing, has disappear*!
abounding prophecies, but Investors wto h&?a
confidently waited will now be satisfactorily re
freshed. Mr. Harrlman's plan has more sud
denness In It.
What may be regarded aa almost equally sn
couraglng appears In a new suggeatfca flat
slow and easy Vanderbllt finance plans may cow
take on a brisker pace. The acquirement in tto
n.am© of the Lake Shore Company of ail the re
cently Issued Big Four stock will be shown to
have significance far beyond any calculations
hitherto current. In important banking etna*
there will be no surprise if the announces****
soon be made that the control of the Chesapeake
& Ohio system has been acquire! In the Bfcj
Four Interest — surh announcement to b» Ill
lowed by an Increase of the Big Four dlTlJ—4
There- is no diminution — is eren eatlNi
expansion— Wall Street's trading In aMM
corporation shares. So phenomenal have teea
: recent developments, no tanglbla the richness of
; net results, that it Is not at all a matter of
wonder that such stocks easily achiava popu
larity.
No one needs to be told that conservatisra la
the domain of mining has long been urges***
demanded; but. until lately. It had scarcely been
hoped that conservatism united to a spirit f>l
intelligent enterprise would, by an almost sotts*
revulsion, be aggressively dlsplaved in a field
so long, and so largely, overrun. in the interest
of speculative manipulation, by men of Bttl*
financial responsibility, and often of less coral
worth. The change has come none to© sees
but happily it has come In a manner so positive
and so assuring that the serious and cautions
portion of the public has been aroused te a tfl
ing of confidence at no time hitherto felt, and
which gains perceptibly In strength from day
to day. thus promising for ssm of the most legiti
mate and most Important of our Industrial ac
tivities a future laden with generous results.
The transformation has been effected b* tie in
fusion of character into a business that l»clw
almost the semblance of it. and now os» »•»
only to consider the standing of the men "•
make themselves sponsors for the great vnie J\
takings In which the public are solicited to ta*
part, to comprehend how far reaching is the «S*
nlflcaneo of the new leadership. _
With the rule well la mind that no stOC Vj
safe except the stock whose management to *
within the control of men of character, „
trader in mini: stocks becomes rf^^L"
safa as he can be In railway or ordinary '^a
trial securities. This characteristic »* »w " 3
commends stocks like those which *"* \f M
hitherto referred to in this r*view—su>c»- .
Old Hundred, with its established f^J^rVa
tlon and rich new copper finds ln < UA '™:,,^
the Mitchell, whose production of co ?j >e ' '
a basts showing a larger percentage of rev-
per pound than any other producer. -t-aOy
acquired American properties be rn? "£ ", _
large shippers: like the- Portland. wh %* f£[Vl«
ment Indicates unexpected bonanzas, use >£
Daly, which suddenly becomes the p.ieuw»' tJ
of Montana; like th.> various tested •—
of Canada's Cobalt district. i~.iertS3 :
In this Cobalt district are two u-7^ p
development* recorded this week, i T hos»»
da with the acquisition by Messrs. i^
Nevlns & Son of two hundred acres "{VT^
centre of the producers w hose stn a **7^nl
ness of output has suddenly ,"V>« •*
of the world. Ore has been taken <>««*%,.
property— lt Is to be known a3 «"*-£>%, tea.
tral— yiel.lln* 10.000 ounces of " llY '^, " BST* 1 "
If 'the public be given an "PS 10 ' 1 "?* 1 *;*! cv*- :
pate in this enterprise. splendiJ pr=»' Verl2 i
forthwith to en*ue. for the ,^ w V,uare D^
Stands for all the certainties of the ZtTtt.- Co-
The other exceptional undertakin? r in
bait district is represented by the uni-^ **
Exploration Company, whose ofr * r .™ * t>. 9 wtsl
met with such public response tW? l^ •**■
subscription was vastly over»ul»scrtb«a
ver>' first day of it* announcement--^ Or»a'
Inspired by the business P*"°f*^ retr et %
Hu^h Browne, the exclusive m r^rS*«l!2
enterprise. Mr. Brown* havin? tto «j»
of an Intimate relationship . wl one oiniDa tio«
conspicuous groups of nail fl?**^^f I ?**^^ issu-* 4 .
financiers. The stock, traded In ~J"~
Jumped immediately to a P" ll^ ll^.^^

xml | txt