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PARLIAMENT OPENED. fanimimi from ftr«t p«S«- turned to the fold, Beat a friendly letter of a;-oJojrj' for his enforced absence. Several references to the Congo Independent State were made in the course of the debate, and the government speakers urped caution in dis ,as?ing this subject. Lord Fitzmaurice. Under Secretary for Foreipn Affairs, announced in the House of L«erds that the unfortunate death of the Belgian Premier had delayed the negotia tion* for the transfer of the Independent State to Bclfrlum. but, he added. "I have reason to know that matters ar« now progressing in the direction we all desire.** After debates covering a wide- field in foreign and domestic affairs both houses adjourned. It If expected that th,«> debate on the address in reply to the speech from the throne will last trn days and that the real work of the session will r» jrn about February 10. THK PROCESSION FROM THE PALACE. A funny day favored the royal procession to Westminster to-day, where King Edward opened Parliament with the ceremonies which have been chMTivd for centuries. Kins Edward and Queen Alexandra rode from Buckingham Palace to the houses of Parliament In a riided coach of state, drawn by eight white torses. They were attended by the officials of their households in other state carriages and on horseback. St. James's Park and Whitehall •*-«»rie unusually crowded and the soldiers who guarded the way had their bards full- in keep iryr the people back. Thousand persons. incJudinK peers, Mem • - of the House of Commons, bishops, judges and diplomats, each one attired, whenever pos sible. In uniform or robes ct state, filled the chamber of the Lords when a fanfare of trum peti at 2 o'clock announced the entry of the nate procession. King Edward read the Speech from the Throne. Queen Alexandra was seated on a chair of state at his right, the Prince and Princess of Wales ■were on his majesty's left and he was Furround ed by a proup of state officers. A threatened outbreak on the part of the women suSragists of England gave unusual in terest to the formal proceedings. Greater pre cautions could not have been taken If an an erchist uprising had been feared. The only m-ornen admitted to the galleries of Parliament "err those for whom members vouched In writ- Ing as their -Rives or relatives, and the police who were on duty around Westminster and within the houses of Parliament were instruct ed to keep special watch over all women. The Premier. Sir Henry Campbell-Banr.erman. whose health is still poor, was the only Cabinet Minister absent when King Edward ascended the throne. KING EDWARD'S SPEECH. His majesty, in his speech, referred in con ventional words to the visit of the German Em peror, which, he said, could not fail to confirm the friendly relations existing between the two powers; to the death of King Oscar of Sweden, as<j to the conclusion of the Russian convention. Acting in the spirit of this agreement, in spite of the complications in Persia, the two govern racsts had maintained a policy of peace. His majesty continued: My government have joined with the govern ments of France, Germany and Russia In a treaty for the preservation of the integrity of the Kingdom of Norway. The text of this treaty will be published in due course. Referring to the peace conference at The Hague last summer, the King said: The various instruments annexed to the fina\ act of that conference show the progress that has been made, and they are receiving the at tentive consideration of my government. One of the most important of these Instruments Ttabiishes the great principle of an interna tional court of appeal in prize cases. Mv gov •°rnrr.ent are ' during the question of ?nviting representatives of the leading- maritime nations to attend a conference in London in the course of next autumn, with a view of coming to an understanding on certain important points of international law for the guidance of this court. Tho condition of th* Christian and Mussulman J»ni«uiaticn3 in the Macedonian vilayets shows no improvement. Th* bands of different nation ali:;.». continue to pursue a campaign of vio lence and the situation gives serious cause for ar..\;-'y. The great powers of Europe have agreed t.-. present to the Turkish government a tr-home for the improvement of the judiciary in that region, and my government hav^ made further proposals to the Sultan, and also to the gfBM powers, for dealing effectually with the principal causes Of this disturbance. My eovemment are all fully aware of the rreat anxiety felt with regard to the treatment w *r,e native population in the Congo Inde ;"T.d<>r.t State. Their sole desire la to see the Cfnvmni«r.t of that *taie humanely administered a ar-cordanc*- with th.- spirit of the Berlin act. and I trust that the negotiations now proceeding between the sovereign of the Congo Stair- and the Belgian government will secure this object. X«rctiations are being conduct. with the poverument of the "■•:•.-. States for ax agree ment to refer to the International court of srbiTration aT The true the questions pending between th«- two governments which relate to *'• N>wfo.jr:d!and fisheries. It is hoped that by this friendly procedure a long standing source oT difficulty may be satisfactorily removed. Ti)t dlSlculty which had arisen respecting Japanese immigration into Canada ha been spttl^d on I'-rrns agreed upon between the re »t*ctive governments. In ■■■:-:-■ his majesty nude reference to the famine In India, and said that '•■-■ EtrJeic-n people and taw British officers there *«-c facing the situation with courage and hope. In the supplementary speech to the House cf Commons his majesty announced the bills wUca ar*» to be brought in. These are the ;i"«2slr:s md education bills for gland and W'al's, a bili regulating the hours of labor in the coal mines, a bill for the housing of the ■"■ktoa; classes, a bill to amend the system of the valuation of property for taxation in Eng land and WaJes. the Irish university bill, the fr&l iaiid purchase bill and the Scottish land Mil. which failed at the last session of Parlia ment. 'When the royal procession was returning to Buckingham Palace three well dressed female E&Sfiagtets broke through the military cordon end mad- their way to within a few yards of T he Kirk's coach. They were waving strips of Wiier bearing the words "Vote* 1 for Women." These papers ■■.-. immediately taken from their . i-inds by *-,.- police. One of the women fainted and the other two v.ere removed by force. Telephone Directory For Winter and Spring Months Goes to Press Friday- New listings must be arranged for on or before above date, if desired for this book For Manhattan, The Bronx and Westcfacster County apply to K£W YOU TELEf 10\X COMTANY W&b lifer EXPELLED FROM HOUSE. "Lord dc Morlcy" Unable to Take Scat Among Peers. London. Jan. 29. — There was a sensation in the House of Lords just before the arrival of his majesty. A man who appeared to be a peer, being duly robed in scarlet and ermine, had his title challenged by the House officials. He had taken a seat on one of the front benches at an early hour. When he was challenged he pro duced documents and gave the name of Lord De Morley, who claims to be a peer of tho realm. The officials seemingly were not satisfied, for he was escorted from the House. "Lord de Morlcy" has been for years a claimant to a peerage which long since ceased to exist. His claims have been heretofore rejected by the com mittee of privileges of the House of Lords, to which they -were submitted. This in the first time he has demanded in person a peat in that body. The following sketch is taken from "Who's Who In England"; . "Maaaaa Thome Tark^r Roe d<> MiirUy. twenty first baron In Kldcr line by "Witt, whose title to the barony of Marshal and the ancient baronies of Hingham and Rip. was brought in by mar riages, was born in Middlesex in 1844. He is th«> son of Freeman Roe, a hydraulic enfdn#»er. After several years spent as manasT and r-roprtetor of woollen mills, he became an Inventive engine'-r and won several medals and diplomas at exposi tions. In 1902 he claimed at the Court of Claims for their majesties' coronation the office of hereditary royal standard bearer of England and the marshalship of Ireland— "having proved pedi gree of blood descent in I*ST- - :>8 to the satisfaction of her late majesty's Attorney General by royal command." " LORD CURZON TAKES HIS SEAT. London, Jan. 2?.— The claim of Lord Curzon of Kedleston to be a peer to sit and vote on the part of Ireland in the House of Lords was admitted, and he took the oath and his seat in the House. SUBSIDIES tOR MOTOR CARS German Government's Provision for Trans portation of Troops. Berlin, Jan. 20.— Lieutenants of the army reserve have been selected to form an automobile corps and to undertake the registration of all motor car^ In Prussian territory, the owners of which are to receive subsidies, in return for which they will be obliged to keep the machines in order for military purposes in case of mobilization. The War Office has appropriated $20,000 yearly for grants for this purpose. This step is taken to counteract the possible destruction of railroads in case of war. INSURANCE COMPANIES HARD HIT. Must Pay Land Owners for Damage Suffered in Baltic Uprising. Riga, Jan. 29.— An association of land owners in the Baltic provinces of Rnaata brought suit some time ago against a ommber of Insurance companies to compel the payment oi compensation for the burning and other damage of insured estates dur ing the revolutionary a^t :%:•>• i: ; the Baltic prov inces in 190t>-'ue, and a decision was handed down to-day favorable to the land owners. In the.<e days of rebellion hundreds of manor :,- nsea and castles were destroyed, and a preat number of estates were pillaged by the peutants. The losses of the insurance companies will amount to hundreds of thousands of dollars. The decision reached to-day, which will act as a precedent for similar cases throughout Kussla, will result in a great boom in land values throughout the Baltic province*. NAVAL APPROPRIATION IN DOUMA Government's Estimate Accepted by Sub- Conimittee on Promise of Reform. Bt. Petersburg, Jan. 29— Admiral Bostrem, As sistant Minister of Marine, appeared to-day before the Douma'a sub-committee on national defence to aavocate the appropriation of $16,000,000 for new construction contained In the regular budget for 190&. Considerable opposition waa shown, tout the minister's assurance that a complete reform in the central administration of the Admiralty was contemplated was effective and the *ppropriation , Tlu- navy is. ihetcfore, victorious In the first skirmish with the Douma, but th«» real battle will begin when rhe separate estimates of the naval programme are taken up. CHINA AWAITING JAPAN"S REPLY. New Telegraph Proposals Not Yet Issued — Higher Postal Rates. Peking, .Tan. 2S.— The proposals from the Japanese Foreign Office regarding a telejrraph convention with v'hlna, which were promised for January 10. have not yet be^n received, and Japan explains to China that it has been Impossible to forward them on account of the Cabinet crisis at Tokio. ' "hina at present has under discussion the postal proposals already submittf-cl by Japan. These, however, contain demands for special privileges, and China fears to accept them because if granted to one power they would provoke similar demands fron. all the powers. The policy being pursued by Japan with regard mails is embarrassing the Chines© postal service in Manchuria. Since Japan obtained a monopoly of the Siberian mail service connections she has made material Increases in the sea postal MR. BORDEN'S RESOLUTION LOST. Majority of Fifty-five in Canadian House for Japanese Treaty. Ottawa. Jan 29.— The BOOM divided early to-day on t:,«- resolution of K. L. Border., leader of the opposition, censuring the government for its pol j,. y regarding the Japanese immigration. Th» amendment was lost by a majority o: .""■ THE STATUS QUO IN NORTH SEA. Great Britain in Full Accord with the Pro posals of Germany. London. Jan. 23 —The British government, which has been kept fatty informed as to the tenor of the German proposals for the maintenance! of the terri torial status quo in tti< North Sea, has given its lull assent ther.no. DEATH OF A GERMAN PRINCE. Herl:n. Jan 2?-— Prin<-e Oustav Ernest, of Erbach nberc died to-day. He was born in 1840. January 31st For Brooklyn, Queen«, Richmond and New Jersey apply to TIE K. Y. * N. J. TELETM.VE CO. Cent ract Ofttctt : Ttl*pho»t Hn. I I l Wtaon«tb7 St.. Brook I«« *»}■ „ Tin 7ulteo e*t.. Brooklyn iaci« Bedfora tv RrSair.j. Brooklyn ijow^oath • H»rd*nbroot A»e ...UmtW lWl4Jim«»f* J. V,rn'i-.n»A» .T«mplt»l*.S.l. TJOMTMnpkiT* IMMS-kVt *£s»-»ri\ >• i <*•*> >*»«* ■ <>r *5T loci tec* is S*wJentJ- NEW- YORK DAILY TRIBUNE. THURSDAY. .T.VNT ART 30. 1908. MANY SHOT IX LI S BOS. Outbreak Quelled by Troops — Franco's Hard Task. Lisbon, Jan. 2ft —There was an outbreak of political rioting on the streets of this city this afternoon in which Rhot« were fired and many persons were wounded. The disorders, however. were of short duration. The police had received warning In advance, and they acted promptly. The crowd made use of revolvers, and for a few minutes the firing was heavy, but it soon sub sided before a show of force. An official state ment issued after the encounter says that a number of persons were mortally injured. The city is now quiet. Two policemen were killed in to-day s fight inc- Dr. Monis. J. P. Dossnxitos and Viscount Brava. Progressive Dissidents, and Alfonso Costa, a member of thp Republican committee, have been arrested. The political situation shows no sign of Im provement, and the tension is growing greater. Doubt is now expressed whether Premier Franco will bp able to triumph over his Republican and Monarchist enemies who have combined against him. The police are still making many arrests. The King has signed a decree which practically em powers police tribunals to expel suspected per sons from tho country. This is done because th*» prisons already are crowded. Some of the leaders of the agitation will b<^ transported to the Island of Timor, in the Malay Archipelago. JUSTIFYING STOESSEL. Kondraichenko Urged Peace Before Fall of Fortress. St. Petersburg. Jan. 29.— The taking of testi mony by the court martial which is trying Lieutenant General Stoessel for the surrender of Port Arthur came to an end to-day and the court adjourned until February 4, v.her. the closing arguments of the judge advocate and counsel for General Stoessel and the other de fendants will be heard. General Stoessel introduced to-day a letter from General Kondratchenko, dated October 1, 1904. in which the writer said he recognized the necessity of surrender and asked General Stoes sel to prepare the Emperor for this and advise him to make peace with Japan while the fortress was still in Russian hands. General Stoessel made an address to the court, in which he said he could not follow the advice given by Gen eral Kondratchenko because the communications passed through too many hands, and therefore he defended the fortress as long as it existed. After saying he regarded the war as lost. Gen eral Kondratchenko said in his letter to General Stoessel: The only honorable exit to the situation is to I open immediately, before the fiiil of the fortress. I negotiations for p^ae*-. Peace th»n will be ob 1 tamable undf>r conditions not humiliating to the ' national dignity. It ia highly possible that the i lull truth is being withheld from the Emperor. ■ A report giving the exact situation might avert erri-at misfortunes to the country, and I there fore appeal to you, in virtue of the confidence which the Emperor places in you, to report to his majesty the real situation in the Far East. GERMAN NAVAL 'BILL ADVANCED. Socialist Opposition — Increase Not Directed Against Foreign Powers, Berlin, Jan. 29— The government's naval pro gramme, embracing estimates of expenditure of more than $100,000,000 annually for ten years, passed to the second reading In the Reichstag to-day, only the Socialists and Poles opposing It. Herr Bebel, the Socialist leader, while asserting that the upper classes alone demanded fresh arma ments, for which the masses were compelled to pay, pointed out the dangers of continued Increases in pea power. He eald that every fresh proposal to increase the German fleet undoubtedly was aimed solely at Great Britain, which had determined to maintain her mastery of the peas. She might one day come to the conclusion which Japan reached in 1904. that "if I do not strike now I am lost." Admiral yon Tirpitz, Secretary of the Admiralty, replied that he was unable to conceive how the German naval proposal could excite Great Britain. "We are building against no one." he said, "and have no occasion for doing bo. As to Great Britain. 1 do not know where German and British Interests clash in jnich a manner as to call for an appeal to arms." COUNT CASSINI AGAIN WELL. Will Return to Madrid on February 1 — Spain's Attitude Toward America. St. Petersburg, Jan. 29.— Count Cassini, formerly Russian Ambassador at Washington, now repre sentative of his government at Madrid, has recov ered from his illness and will leave here to re turn to the court of King Alfonso on February L He will be received in audience by the Emperor before his departure. Since his appointment to Madrid Count Cassint has noticed a great change In the sentiments of the Spanish people toward the United States. He said to-day that the enmity which existed at the clos»; of the Spanish-American War was now large ly a thing of the past and that tho American Minister to Spain, W. M. Collier, was making a most excellent impression on the Spanish court j and Spanish society. Count Casslnl is following the developments in the Far East with the keenest Interest. Ha b«?- j lievee that the great social awakening of China ' will cauee her soon to emancipate herself from ■ any foreign attempt at tutelage. Regarding the ' Chino-Japanesc controversy over railway construe- j tion. fount Cassini said it was to the interest of Russia to prevent any trouble and that Russian diplomacy would exert Influence to bring about a friendly understanding THE KAISER DRILLS A REGIMENT. Examines Recruits on German History and Advises Wider Reading. Berlin. Jan. 29— Emperor William reviewed th<» Ist Regiment of the Guards at Potsdam to-day, and uft<r the men bad marched past his majesty drilled tn<- regiment for an hour. The Emperor then passed in front of each company, picking out and questioning recruits on various subjects, principally concerning German history- He asked one man if he knew the fable of the Schiidhorn monument in ti>« tirunewald. The man said he had never heard of the monument, and the Emperor remarked that ft would be a good tiling for him to read more. Another recruit had the vaguest notions regarding the l'-inces of Wenden. The Emperor then asked a Pomeranian If he knew how the Hobenzollerns had come to the throne. This recruit was no bet ter informed than his fellows, for tie answer stol idly. "No, your majesty." The Emperor then sent a number of officers of high rank Into the lines among the toldiers and called on ' the recruits to pick out and name cadi corps, division and brigade commander present. This was done without mls take. EMBEZZLEMENT FROM STATE BANK. St. Petersburg, Jan. 29.— The bookkeeper and cashier of the discount department of the State Hank were taken into custody to-day, charged with defalcation. The irregularities cover a period of aevetml years. The books of the bank have not yet been fully examined, but the embezzlements already established are 6ald to bo about JISO.OOO. BURLINGTON SHOPS SHUT DOWN. Lincoln. »b . Jan. 23.— Orders were received to day temporarily closing the Chicago, Burlington * Quinry Railroad shops at Havelock. beginning Thursday. Th* ramt 1 order rloßes the repair shops at Unjoin and extend* to the shops at Alliance, Flattsmouth. McOaek and Sheridan. Wyn. Six hundred men *r*- »fT»rt»rl at Havelork and smaller numr.rr= at the ■-.■:.- Tr>* plan of the ran papy U' to rhtit iinwn from time '■• tlm* rather than discharge ibe am It is thought that ilia iraa *ill work at le*a naif of the Urn«. TWO MOKE BANKS CLOSE Continued from first pace. Redemption fund -with United Elates Treas urer (5 per c*nt ml circulation i 7,800 00 ' ■ Due from United States Treasurer othor than 6 per cent redemption fund SOOOrt Total $5,884,989 32 INABILITIES. < Capital stock paid In $1,000,000 Oo I ! Surplus fund . 2uO.Oo<> HO 1 Undivided profits, less expenses and taxes paid '1.000 M National bank notes outstanding 150,000 uO I>ue to other national banks...... $214.444 81 1 I Due to state bank* and bankers.. in, 1-1 57 . I Due to trust companies and sav ing banks 6.275 87 . I Individual deposits subject to check 2.1.17.100 .vi ! Demand certificates of deposit... 12.38H 60 Certified checks 113..140 «4 Cashier"!" checks outstanding 2r>6..">44 6rt United States deposits 600.000 00 3.263.231 "4 Bonds borrowed ass.onnnft Uewrved for taxes 11,000 00 Repined for rent 66» •>> Liabilities other than those Mated: Clearing House account, r.et balancn 1.03T..000 ix> Total $5.984.»8» 32 The bank's statement on August 31. before thepanic and immediately following the state 1 ment of condition to the Controller on August 22. was as follows: Loans. 54.536.800; specie. $808,400. and deposits. $5,245,600. DIRECTORS OP THE BANK William A. Xash. acting chairman of the j Clearing- House Association committee, said j that he had nothing to add to the statements Issued by President Kinsman and the reprp- I sentatives of the Controller. He declined to ! j comment on the statement of the president in regard to the New Amsterdam's relations and ' j balance with the Clearing House Association. Louis Stern, who was a director of the New Amsterdam up to September, said that since j that time he had not been a director of th* ' J bank, and that he had no connection with it at j the present time. The directors of the New Amsterdam, elected at the annual meeting on January 14 were "War ren M. Healey. R. V. Lewis. Joseph D. Carroll, George W. Wilder. Louis Stem, Frank W. Kins man, jr., John F. Carroll. F. G. Kinsman, J. i Romaine Brown and John G. Hemerich. Tho ' officers are F. W. Kinsman, jr., president: John G. .Hemerich. vice-president; cashier, E. O. Eldredge. All of these men, except Messrs. Brown and Hemerich, were members of the board last year, as were Charles W. Morse, H. j F. Morse, Miles M. O'Brien and the late Charles T. Barney. Charles W. Morse was for several years vice-president of the bank, but retired from that office and from the directorate in Oc { tober, at which time he severed his official con nection with all of the financial institutions with the management of which he had been identified. FOUNDED TWENTY years ago. The New Amsterdam National Bank was ! founded about twenty years ago as a state bank j under the name of the Bank of New Amsterdam. Frank Tilford,, of Park & Tilford, was one of : the founders. Nine years ago it was changed into a national bank and Its name was changed | to the present one. Mr. Tilford -was president | of the institution from the time it began busi ; ness until shortly after it became a national I • bank. He was succeeded by R. R. Moore, who i | remained at the head of the bank until about a year ago, when he retired to become president of the Commercial Trust Company, and was suc ceeded by F. "W. Kinsman, jr. Charles W. Morse bought a large interest in i the bank six or seven years ago. He brought in j ■with him his cousin, Harry F. Morse. ex-Mayor I Van Wyck and John F. Carroll. After the I housecleaning by the Clearing House Associa j tion Mr. Morse retired from the bank, and about a month ago he sold his stock, amounting to 2,500 shares, to F. M. Peet. president of the Traders' Bank of Philadelphia. Mr. Peet, how ever, failed to get any representation on the board at the annual election on January 14. During the time Mr. Morse was president of the Institution a large number of theatrical peo ple became depositors in the bank and have continued to patronize It to the present day. MECHANICS AND TRADERS. At a meeting of the board of directors of the Mechanics and Traders' Bank held at the bank ing office. No. 563 Broadway, last night the fol lowing resolution was unanimously adopted: Whereas, The Clearing House committee in formed the officers of this bank at 5 o'clock this afternoon that the Clearing House has deter mined to afford no further assistance to any bank, although the Clearing House holds some $6,000,000 o_f approved collateral of this bank, against which -we owe them only about $1,900, 000: and Whereas, Although this bank is absolutely solvent, the cash resources In the possession of the bank make it appear Inadvisable for the bank to continue business without such present aid; and Whereas, It is for the best interests of the depositors, under the circumstances, to avoid any preferential payments to any depositors, all of whom should be treated alike. It is Resolved. That this bank do not open Its doors to-morrow, and that we communicate with the banking department forthwith. Further, That it is the intention of the di rectors to re-open the bank at the earliest possible date. The main office of the Mechanics and Traders' is at Nos. 565 and 567 Broadway, but the bank has two branches in Manhattan, one in The , Bronx and ten in Brooklyn. The all-night branch at 46th street and Broadway was not open last night. ] David A. Sullivan, of Brooklyn, fa president of the bank, and the board of directors elected at j the annual meeting, on January 14, follows: , ! Henry Albers, William O. Alliscn, James T. Ash- • , j ley. E. E. Bogart, James N. Brown. William J. } | Buttling, W. F. Corwith. B. C. Cronin. W. C. ! , ! Damron, A. M. Dederer, C. E. Donnellon, E. A. J Fltler, Edward M. Grout, Paul Grout, Louis H. , Holloway. Simon J. Harding, Thomas F. Me- , Cook, Joseph Michaels, Pinkus Nathan, C. E. Ring. Isaac Stiebel, William Strasser, Charles , Strauss. David A. Sullivan and Thomas W. Tompkins. UNION* BANK MERGER. Mr. Sullivan was formerly president of the * Union Bank of Brooklyn, which was merged last ' year into the Mechanics and . Traders' Bank. I 1 The Union Bank had a capital stock of $1,- i 1 000,000. The capital stock of the Mechanics' ! < and Traders' Bunk was formerly $700,000, but j c at the time of the merger was raised to $2.- j i o<>o,ooo. Its surplus and profits on August 22 I a were $943,2f»7 and its deposits on that date were . $ $15,598,000. The stock was last Quoted at 150 ' i asked, with no bid. On October 20. the last ' r day the bank statement appeared in detailed i i form, the Mechanics and Traders' Bank re- j t ported as follows: Capital, -$2,000,000; net prof- : its, 9943,680; loans. $15,731,000; specie. $1.- ; „ 185,000; legals. $734,000, and deposits. ?I.V |-, 505.000. j t The withdrawals from the bank for the last - ten days have been exceptionally heavy, espe- j r daily from the main office and from the two j Manhattan branches at 40th street and Broad- £ way and Madison avenue and SJKh street. Ru mors that the bank might be forced to close | Its doors have been in circulation for over a j week, and many depositors decided to be on the j safe side and so drew down their balances. j ? The Union Bank of Brooklyn had tried for : many years to obtain membership In the Clear- i Ing House, but had never succeeded. Its merger •, with the Mechanics and Traders' Bank, which had been a member of the Clearing House for many years, was looked upon as a shrewd move | I on the part of the interests which controlled it | , to bring about the desii -d end. A prominent director of the Mechanics and j ? Traders' Bank paid at an early hour this morn- ( h ' mi? that th» X6.00n.0n0 of approved collateral c which the hank had deposited with the Clear- a ins; House Association was '■■' the securing of o a loan which at us highest point had r-en j I about ' 750,000, and which bad been pna£» ' /I! pi ft]! n \ t m tlpliH 'Jllfl aTii^a. j -"'-*.'^^^^ \lj^ "-■■■'*■"*•*^- -** •■■■■■ a% 4fc aflNlt B I ' fife j|["^^^^-^*^Sfc' „ 'Union Pacific IV 1 I A^itj^iflf >^T Southern-Pacific if INVT£ ATTENTION TO THEIR FACIUTIES FOR ENGRAVING PERSONAL STATIONERY IN THE APPROVED FORMS; WEDDING ORDERS RECEIVING SPECIAL ATTENTION. ESTIMATES ALSO SUBMITTED FCR CLUB. COLLEGE AND PROFESSIONAL STATIONERY. HERALDIC AND MONOGRAM WORK. BOOK PLATES. MENUS. ETC 34!ij £tmi. 35th &trr*t m\b 51i? AnKrar. s«ftn f nrk. ually reduced until yesterday it was down to $1,900,000. The Clearing House announcement that no further aid would be extended, he said, was the final obstacle in the bank's fight for life that it could not surmount. Edward R. Thomas was formerly a vice-presi dent of the bank and amone the directors were F. Augustus Heinze, Orlando F. Thomas. Ed ward R. Thomas and Elverton R. Chapman. Last fall, however, the Thomas-Heinze interests retired from the directorate and the election of ex-Controller Grout and his brother to the board, with numerous other Brooklyn business men, was thought to have strengthened the position of the bank greatly. The president of the third bank which it had been rumored within the last few days would be obliged to go into voluntary liquidation and which had been unable to retire its Clearing House loan certificates, said last night: "The bank cleared withtn the regular time to day, meeting all its outstanding obligations. The bank will open at the usual time to-mor rowr morning." WILL CLARIFY SITUATION. An officer in one of the largest banks In the city said last night that the downfall of these banks would go far toward clearing up the banking situation in New York and placing it on a stronger basis than it has ever occupied before. "Their overthrow was not unexpected," he paid, "and there was nothing extraordinary in it. It simply emphasizes the fact that banks that are not managed along orderly lines must be eliminated. It is well known that certain officials connected with these institutions have departed from recognized banking methods, and that knowledge in the case of the New Am sterdam has led to a dropping of deposits from $6,000,000 to $2,000,000. This fact in itaelf showed that the days of usefulness of the bank were ended. With the falling off of the depos its has come a consequent difficulty in obtain ing money to meet the demands made upon the institution. Efforts to raise thi3 money by call ing upon other banks have been fruitless. The fact that the Clearing House Association had ordered that the members begin to issue indi vidual statements again after February S made It necessary that the banks in question obtain the money to take up their Clearing House loan certificates if they were not to appear in the statements. "Other banks were none too anxious to come to the relief of those institutions where affairs had been Improperly conducted. In times of financial panic one bank Is willing to come to the aid of another in order to keep up the gen eral standing, but at this time, when affairs are almost normal. I see no reason why a sup posedly sound institution should hanre any par ticular aid. 'The officials of the Rew Amsterdam were making efforts among various banks yesterday to get money to tide them over their difficulties. At one time it looked as though this money might be obtained, but I think that the banks where appeals for assistance were made were not satisfied with the collateral that the Xew Amsterdam had to offer. This collateral waa made up largely of small notes and bills receiv able. In the case of the notes of a large cor poration Jt is easy for a committee to decide what they are worth, but in the case of collat eral such as the New Amsterdam had it is diffi cult f':>r any one not perfectly famlitar with the t-igners of the notes to know what their real value is. Consequently the bank was unable to get the aid that it needed. I think its condition is not dv« to any decided run that has been made en it recently, as the debit balance which It had at the Clearing H >use to-day was !••** than $100,000. "The liquidation of these banks ought to have a wholesome effect upon banking in New York. With the exception of possibly one other institu tion, every other bank in the city hi M sound as a dollar. They have more money than they need, and their condition ia constantly Improv ing. With these banks eliminated, the banking situation was never as strong as it la to-day." [By Telegraph to The Tribune, J Albany. Jan. 21).— Clark Williams. State Super intendent of Banks, left here, late to-night for New York. He will be than to-morrow morn ing when the banks open, ready for any emer gency. BANK OF NORTH AMERICA CLEANS UP. Begins Retiring Its Clearing House Cer tificates That It May Get Back Securities. It was learned yesterday that the receiver of th« National Hank of North America has already b*Kun to retire th« Clearing House loan certifi cates which the bank had outstanding to th« amount of I -"■ ■• when the receiver took char;* on Monday. Between :o and sn^pei .»r: of th* total amount has been taken carc'of; The first atep ia liquidating the baa* la to raUra S. Altaian $c (Ha. Our Improved Croup Kettle Constructed according to direction* of an eminent physician. M*4« sad Tor Sal* by JeWIS &(£qngeh, 130 * 132 West 4Sd Street, and 133 West 41«t St.. New York. these certificates, and thereby get possession of trim securities against th« deposit of which they were issued. The first moneys received by the receiver must, therefore, be used for this purpose, and nst until all the certificates are retired can the de positors be paid a dividend. As Clearing House certificates were waned to th* extent of only 15 per cent of the conservatively es timated value of the securities deposited", it we* necessary for the bask to place nearly a\Sß>,oat in securities with the Clearing- House loan committed to obtain the C.3u<XOOO of certificates. As tat total assets of the bank when the receiver took chars* were only $5.72T,E7. of which 15,640.318 represented loans and discounts, on which Clearing House cer tificates were principally issued, a lares part «t thm bank's negotiable assets was deposited with th« Clearing House. About 1750.Q00 of Clearl^s House certificate waa retired yesterday, and the total amount outstand ing was reduced to «3.590.M0. The bulk of tb« «*r '• retirement was understood to have been far the account of the National Back of North America. CARUSO S HEART BROKEN. Opera Singer Has $40,000 in 'New Amsterdam. Enrico Caruso has as account oi HtJ.OOO wit& til* New Amsterdam National Back. Soon after titm first act of "Manon Leecaut," at the Metropolitan Opera House, some one told Mm about the clcsta* of the bank. The announcement cams a* a great blow to th« opera singer, and for a. time It waa doubtful whether he would be able to finish the opera. Caruso was broken hearted and kept repeating. "Oh, my money! My money"' Some, oa» got cue of the bank's statements saying that it wonld probably be able to pay its depositors. This was, shown to the singer. He then became calmer and was able to complete his pare Notice that the New Amsterdam Bank would not open this morning was posted at 7:46 o'clock lMt night. The news went up and down Broadway like an electric current, and reached many of the actors in Broadway productions who have, money die posited in the bank when they were In their dress ing rooms preparing for the night pert oman The managers in most cases kept the Information from the actors lest worry over their loss might Interfere with their acting. William Rock and Walter Perceval, of the- "Fen abash!" company, playing at the Casino Theatre. just across from the bank, were the most dlsgrist ed men in the Tenderloin, for only an torrr befor* the bank closed its doors for the d*jr they had made deposits. Edward P. Fitzgerald, who runs • -« cafe 03 th« ground floor of the Casino, made a hurried trip> to catch th«» receiving teller before closing time, and as a result Is fl^" shorter than he wants to be George Considlne. the proprietor -of the Metr» pole. carried a satchel containing C*» to the bank yesterday afternoon and deposited it. Groups of actors and actresses, bookmakers and sporting men peered through the bar* on the bank windows last night and read and reread the iwUs on the Broadway sM«\ scarcely believing it to be true The closing- of the bank was the one topic in the rathskeller region, and although nearly every on« worth mentioning in theatrical or ""porting circles was affected there wer* a few who had th* good fortune to have drawn their money yesterday. John Hamerlien. the theatrical manager, who finances road shows, was advised by a friend to withdraw his deposits in the afternoon. He took out £.'.«*• of his account. leaving S7O to hold Ma book. The Shuberts. Sam Bernard. Eddie Foy and many others known along f '.roadway were depos itors in the bank. "We got rid of our aches and ails by changing from coffee to POSTUM "There's a Reason" i