New-York tribune. [volume], October 28, 1915, Page 6, Image 6

About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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LETTERS SHOW
SECRET METHODS
OF NEW HAVEN
Publicity, Wrote President
Hall, Would Do Vast
Damage.
FEARED, TOO, CLAMOR
BEFORE LEGISLATURE
Purchase of Meriden Read by
Judge Robertson a Cause
of Worry.
of bow one !? fter BBC
?he lambs of New Krjglcnd railroading'
went down the thro;..', of the N< *
Haven Iion wat '"id at the
trial of the e'evrn past nrd nresent ;
directors before Judge Hunt in the
Federal Court. first weal the New
Kngland, the New Haven'? chief rivai;
then the Rhode Islaad & Maasacha
. end finally the tenderest lamb
.f them all. the little Moridoa, Wat.-r
swj >'? ' ticat This lest i i
however, eaased a ettgtil attach of in
digestion.
In the correspondence pat in evi?
dence Shea c, rro-l
o? which un' signed by John M. Ball?
else president of the New Haven, ro
great resrect was shown, for tho Mer
iden. Waterhury ft Connecticut, wh'rh
be dec-ibed a* so run down that the
best dispoaition that could be made
of <t was to wipe it out, although, he
-a.<!. it could be run electrically at a
profit, if it could be got cheaply
enough.
W.'h this, ns with other transac?
tions, it was testified, the purcha??
was SOTfled en secretly, payment
made by, check that would not repeal
New Haven as being the real par?
?>re letter tut in eeldenee,
dated May .'?'. IW6, was from Mr. Hail
|S \ ?a, one of ?'?
fendant?, I ll buyer of the
Mi": f: Connecticut, '
? nt of tv<
Haven, I? to i'ohert
Rol rtson's own
" ':
Ige: ! hi-.--.- re ??? ?e i
!
? ?
' lerlden, Wa
terbi
?o ?' <
?
? ' iv
.!?? Pree 0"es Oim Road.
?
. address som-'wh."-?
myself, sad
?, - ?
? -..e to
?
m sdvlsorv
i l'y fsrnlsn
...
I ?
ir trin ;
wry '' you go
?v:'h ?? ? l tnesses to 1
?
' -i ' nrr.n
) '? rough'
?
?
? ' the gevi i
?
. v . ...
?
A' * I
? ?' lat?r csme another let'er
? .
'"ndar.t. !'
ford, a director, showing Mr. Hall's
roneern over ?'? .-eerM
?' rbury
& Connecticut was ca-.
"I hesitate to break into the quiet of
vour vacation with business matt
he wrote, "bal the question ii
one of ; sllcy, as it seeni -
to .ant for ,-s to settle before ?*
Into polit---? and gets into a position
to do us considerable damage in the
next Legi. latero by s
who aro naturally oar friends, when, I
think, by a little foresight we nvirh
avoid all urpb-a^ant questions involved
H ?M m.-.'-T
Public Soon to Knew.
"I am referring to the present posi?
tion of the Meridea, Waterbury ft Con?
necticut Railroad. Judge Robertson
was the nominal purchti-or, and to a
certain extent the public believe that
he is the owaer, or represents a >?
cate. This position, now, can't cool
long, and the actual ownership will
bave to be revealed beforo a gnat
tWstaaawnarmattrr **?**
onora
THE exquisite- ioft
mellow tone o? the
Sonora Phonograph, for
which it was given the
highest award and a
Gold Medal at the Pan?
ama-Pacific Exposition,
can best be appreciated
bpr a vitit to our
Fifth A venueSalons
at 53d Street
Call ?.- * ?
roii *
<
? x' els
all ol
Pri'?? I I ;
lilt. I j i
Ask f,
Sonora Phonograph
Corporation
lie? t llrlghlt'in freplttpnt
tilth A'ee-Jm IM.'?? ?? *.te\ Mir???
M.:? '.Ti- .? ?i if . ,?
r,7 Beete *' .'??? >*rt
while, ?i?her in th? court? or in the
Legislature.
"A larga m.mber of people in Meri
lily and n considerable n?im
tier la Waterhary are clamoring that
?omething ?lioull he ?lor.e by somebody
to operate that road. ! ?m eeafldsBt
thai if ?oni-tr. ag is not done xvith this
road ?S Shall Bad Ifl the next J.egi*ia
ture troabll OB acceaal of this matter
and steps ??ill be taken to fere? -
te op?r?t? It, or a disagrseabl?
question raised ahOBl taxation and its
evasion las. Mar sad this, and I be
liSVS it is best for us to avoid all these
question! .' possible by doing some
I rond.
"It is expensive to keep it as It i?,
and it SeSSBS to', valuable n proposition
to abandon entirely, ex en if we hsVS a
rig'-.t to abandon it. It seems also to
have a value for electrical purposes,
ns you xvill notice by the letter?? at
tached) to Jud.re Robertson, coming
from peep)? *vho ara rea?y in SB1
la desiriag t?> purchase it.
? It doe? not seem as if the New
Haven railroad could afford 10 y.- ?? Ip
this property to electric eompe
1 Hm ' that if we abandon its
electri old roadi e?l xvill be
.-juickly gobbled ap by other i
Who 4vill equip it with electricity
?ould (;ive "lafrssjassrt Service."
"It seemi to a ? could oper
? ? it, infrequei -
- as a i:i''??t deal,
nnd still retain ownership and i
?ion of the property and axvnit future
developments. Now, 1 should like very
to know what you ?voubl tecom
Biend, and come to you f.rst, intending
then to ask advice of Mi- Bishop nnd n
her Connecticut directors whose
in ought to control a matter like
reading of this letter, which
? - S. M.-llen had identified by the
p-.re. Frank .'.!. S.vncker. govern
..<*.! him: "Is it true
you started yoor duties xvith the
New Haven by the institution of a suit
dea, Waterbiiry I
; at?"
"!t is," Mellen replied.
There xvas also read into the record
the m-putcs of the director? of the
NeW Haven shoxving the campaign for
gaining control of the (?Id Colony rill
roa! ar.J steamboat companies. That
?he purchase of the Rhode Island ?fe
Massachusetts, which the minutes of
the director? of the New Haven shower!
they approved, was handled through
William Rockefeller, a New Haven ?ii
rector, mi indicated in a let'er to him
from (hurles P. (lark, New Haven
president, dated April ?.. 1892, which
says Ifl | itt? :
?T ?vant to present to you the facts
in regurd to a matter iavolving an in?
? ? ... t p -... I " and
10 o-, a basis ?vhich will pay T>
per cer.t, thinking, perhaps, you woald
like tiie investment and being sure that
if you should choose to make it this
company would be put in a stronger
position in Rhode Island."
Didn't Want Rights Exercised.
TbCB followed a description of the
Island, stating among many
other advaatagei in its purchase that
tion to compete xvith
a line, the Fro. -
dene- <? Worcester, which could not
BS "if the oxvners of the Khode
Island ?i Hsssaehasetti decide not to
ghtl under 'he erist
eharter, nnd it seems
to me it is r-ther important that they
?hould not do so, although the
.1 is anxious to have them,"
Mr. Clark.
It was stated that Rockefeller aad .1.
? rgan took the railroad,
buying tWO-thirdl interest For tliis
action Mr. Rockefeller and Mr. " r?
gan, tl.er? WBI siiown in avid IBI ?
I 'in behalf of the New
Haven, fr?>r*r? Mr, Clark, its prs
for shitting off eompention, by makint;
a s^fe .*? per cent investment f(.r them?
selves.
Then documents were introduced in
evidence showing the acquisition by
the Nl ?' ?' '???: tt the? New England,
once its chief rival, gone into lasol
?er.cy and boni ht up at a foreclosure
sale. It was bought through the I
eial help of Rockefeller and Morgan.
Mr. ('lark was made president of the
New England, also continuing as head
of the New Haven.
The length to which the government
., running caused the attor?
neys f'-r the defence to make many ob?
jections on the ground that the record
being overbunlened. They said
they t'-areil th" trial would run for six
months at the presen! rate of pri .
The ?ituation led John W. II. Crirn,
of counsel for James S. Hemingway, to
Thomas D, Thacher and John ('..
?:?, counsel for other defendant ?:
Thaeher and Mi'burn have dec.in-.!
" il going to run so long
have brought in their ?on? to inherit it
Saftet they die."
NO N. H. SUITS
FOR RESTITUTION
_
Contint??,! from pas? 1
the ?un was about to break through
the cloud? for th;- New Haven, bu? that
while things hooked bright it was prob?
able that r.o dividend would be declared
for at least five years. The reason,
lor this, he sai??*, were that the com
pany needed the money for improve
ments, as the physical equipment of
the road wae not sufficient at the pre?- '
ent time to take care of its business.
? Hadley ?.??' Tale told the
stockholders of the exhsBsttvs la ?
?ration th?t had been made of thi
denee that could be osed ?n restitnl i n
?un?, and he declare] that in his Judg
, men it would be a waste of the stock
holder?' money ?o begin them. 1!.
; that in the Billard ?uit, now pending
the corr pany expected to rei.lire n large
?urn. The ?torxholders applauded -lr.
Hadley'g statement.
IHrertors on Exhibition.
Among the many interesting side?
at to-da y'i mi sting \m.? the ex?
hibiting of eight of its directors. This
??-ok place after flagep Bogigtan, a
itockli ? ? ? thai he was
"f voting for ??.rector? thai he
did Bet know, and that he wanted to
see thern.
"Come down here in front and 111
?bow them to you," ?aid Chairman
Flliott. Mr. f'.rigigian did, and the
?.ight ?lire? ' eat, among thern
President Hadley, steed up ?o that the
stockholder.? r<iul?l get a good look.
Hogigian looked them over carefully
for a minute, and then ejaculated:
"Well, vou all look like honest men;
I sue?? I will ?-?ale^ for you."
Waiter T. Gardiner, another stock?
holder, wa? much nerpli-xed hecau? no
dividend wa? declared. He asserted
that the payment of a dividend would
pxit the seas paar in good la tb<- Baa i
cial diitrirt. but Mr. F.lliott could not
see it that way,
A. If. IIill?-r h*d a ?eneral kick on
high ?claries, pension? and aspeases of
?r?. Mr. Flliott told him whsa Be
? ould lee the amounts paid by the New
Haven tu It? -.irieers and also that the
?eventeen rnemfier? el the board had
expense? of $11,410 last year.
The membership in the board of di?
rector? wa? reduced to fifteen, the
reiigriatior,* of Me?irs. Rrewiter and
Mcliarg having been sreeptcd. Before
the meeting besan Mr. Flliott ari
neaneed that tn?? management had
H?(>,l)0U ?hare? to vote, considerably
more than a majority.
Twenty Warrants for '"Colonista.
Magistrate Paul Krotel leaned
'/ warrant? ve.terdny for the nr
rest at "eelenlsta charged with illegal
registration. The BBBlieatleBS were
made by A??i????nt Dlstliel Attoroev
Well*r. The warrant? ?ill not !,??
"' // ' Ihir, when th?
"co?omtjs" w.A be irf.iua if thi> at
J. P. MORGAN IN WITNESS CHAIR.
er I itif] :r regarding **LM third tracking contracts before Thompeon legislative committee.
ELEVEN INDICTED
INWHISKEYFRA?D
Federal Charges Accuse
Company of Duping
Thousands in U. S.
A : ?' ? mnil fraud conspiracy
by whieh cheap whiskey has been sold
as high graiie liquor to unsuspecting
saloonkeeper* wa.- brought to light yes?
terday, when the Federal grand jury
returned Indictments sgalnsi eleven
m?n charged with participating in
frauds aggregating 1500,000. Oificers
and salesmen of th.- Semin?le Distilling
and Distributing Company, .'ill to 320
Grand Street, and of the Ovsrbrooh
Hing and Distributing Company,
'th Avenue, are mentioned in the
? ents.
Three officers of the corporations,
i Bg to the indictments, rep
...t they hod their own dis?
ries la Louisville and Cincinnati,
wore arrested sad srraigaed before
Judge William H. Sheppard in the
criminal breach of th." I'nited States
et Court. Felix TVnce, said to be
bow of JadgS Prince, of the lid
1 ourt, after entering a plea
Of BOt gttilty, was released on a bond
00. His uncles, Adolf Prince and '?
Leonard Prince, furnished bonds of
l each to serait trial
The other sight defendants are j
salesmen now on the road, who, it i?
understood, will surrender themselves
to Marshal McCarthy on their return
to the city. Their t?nmes are Adolf
? r. Paul,if Bsathinary, laeoph Ul? i
rner, Richard Kobsa. Henry Kobsa,
Leopold Prince. M. Goodman and a
man named Khebach.
According to Assistant United States I
Dl '?riet Attornev Emilia Yasselli and ;
?lire Inspectors Howard B. May
heW Bad William U. Swain, who gath?
ered the evidence, the defendants de
? their vie mi? by falsely repre?
senting that the Semin?le nmi Over
i look were distilling companies. They
Offered as high gra<le Pourbon and ,
lure rye a low grade whiskey, tOWhich
bad given B fancy name, it is :
charged.
In mar y eases, ?he indictment?;
charge, the defendant*, sit?t getting
. ?? ? ? nk< span and sa
saloonkeeper.? they promised to re-;
establiab la business, fs led to deliver
'any of the liquor ordered. Th?
vanees, it is said, were kept as conim: <
SSmefl who toured the
ty-flvC barrels of
liquor for S i .'"??t. Ali tune notes gr en
by the SSlooakeepers, the indie1 ?
enarge. were discounted at local banks
? ,r representation that the liquor
bad been furnished and that the BOt? -
were pftyaMo NrhoS due.
Mr?. Julia BavaaeOS, a widow owning
a saloon in Cleveland, Ohio, after pay
lag ?n advance of $100 on an order for
twenty-five barrels, was induced by one
Sf the salesmen, according to the in
d.c'.ment, to put up the additional $1100
balance, although she never had any
? liquor.
Others mentioned as being dupes of
the alleged swindle are Frank llovorka,
f.f Iff Eaat Ninety-third Street, ? , ?
land; K. Stahuiak. 4518 I.aflin Street,
go; Mike fatshof, of Youngs town,
Ohio, and ?, A. Alberton, of Akron,
Ohio
FIRE TRAP CONDEMNED
Pittsburgh Building in Which U Lives
Were Lost Ordered Vacated.
Pittsbutgb, Oct. J7. Thomas I,.
Pfarr, lire marshal of Allegheny
County, condemned to-day condition?
in the building occupied by the ||. H.
Woods Paper Box Company, which was
! damagl ?I by lire, with a loss of thirteen
? . loot Monday, and ordered the
l ompaay tu vacate its premises as noon
BS poasible. The owner of an nut..
mobile garigs occupying part of the
Brsl story was instructed to move
within thirty days.
Wood? is executor of the Brown es?
tate, whieh owned the building occu?
py-?! I,y the bos company. He was held
yesterday In 110,000 bail for the cor
oner'?- ?rmuest on th? charre of n?-uh
tones rlrs Marshal Pfarr elsu eon
?eased ssvsrsJ ether factorisa
FIGHT HOURS TO SA VE
LIFE ON BLAZING SHIP
-
Sailors Risk Lives Again and Again in Attempt to Rescue
Captain Trapped by Ring of Fire on the
1 .iner Colorado.
?II?. 1
Baltimori ff.?Ib Chai i
harbor n blackened bulk with th 11
of dollars' worth of cott.n in i?s hold
is burning to the water's edge, whilf
its captain und the thirty-five members
of its crew, in the sang Belter of n
Baltimore h '?'?*?, an telling sad retell?
ing the story of their miraculous es?
cape from a hidocfel death nt sen.
First the sailors recout.
ikipper, trapped on the forward at I <
of hi? .ship by a wall of flune, ordered
I || n, ?? rt ?, :i-, -,r,,l -;tk,' to the
boats. T! r.. the captain breaks in and
tells bow hll m?'n row? d about in the
Atlantic for three hour.?, risking th?
live? i
the l.ii. i | rescue their mas?
ter, and .if how he finally escaped just
as the eharred masts plunged from
their socket! into the sea.
Pire blata varad at I a. m.
The ih i1 - 'he Mallory liner Coi
011 i .. I-'.r.- w.i .1 , . red ftbout 1
o'clock on Mondai moi ing, when the
veeeel oras o?r < m ? Romain, S. ?'.
Within half 'm hoir the Man?es were
beyond control, and the stun was shan
doned by the crew. Three hours later
? apt,tin I.. EL Congdon wns saved by
th" nun who refused to deseft him,
and seven hours ?fter the ?re ha.!
been di covered all hand--, wen- lucked
np by the Suv.at.ee, of the M ere!.an* I1
sad m Bars' Lioe, which brought the
r?-f'u..- rt this morning. The
Colorado's Sral wireless .-. ti p e a I ?
reached the Buwanee, which ru?he?l to
her aasistanco The Colorado was lat
tr towed mto Charleston by tugs, sad
is stiii burning,
Captain \*deep When Fire Started.
"I was ISloep when the (ire was dis?
covered," sinl I sptain i ongdon. "We
bad lefl Charlestoa some hour? before
with (',,000 baies of cotton, bound for1
? ir. I officer Magra '
? i il coming from ai
'"? ; Si -i He SVS orders to get th?
and called bis,
"I pot oui "ii deck, wearing nothinc
"but i"\ under hlrt. Therd isn't tinu
to dres, when I itches firs s(
sea. We hsd worked for hnl' an houi
when the Asmes broke out from an
?'her hatch ihn 'irne forward. Then
.-. ring of ' ?? ifl the crew
and the II : i thought for a
minute tl sl we were trap] cd. -
"I 01 let? men to rush through
Rames, snd hey made it
When 1 hsd Seen that ali were able
to r.nch the lifeboats 1 "mind that
? t ? ... betwi n ins snd the beats was
? . i.-. ; through ? or?
dered the men to put off Mr. Ma
it, but he
? I orders.
"Then for f.oir hour? the men, in
two boats. - to t lorado.
getting hotter and hotter where
I wag, in Spite of BSV scant attire, hut
I wasn't so much afraid that I would
be hurt 'i-? I was that ?he t1
would tumble overboard anil
. h the new.
Masts Fall, Captain Fscapea.
"I toid 'hem tO s'a;, aw,.y, but they
stuck arouad. Finally the Blasts wont
and I managed to get over the side
w,th s reps. All the men lost every
think they had. The greater number
of the crew were asleep when the tire
Started, and ?lui SOt even have time
itch then- clothe?. I have not
; btesl i.ba how the tire started.''
Jam...? Kibler, wireless operator on
the Suwanee, said it wa.? about 8
o'clock OB Monday morning when his
s h : ?. sighted Captain Congoon and his
erew . Iiout eight miles northeast of
? spe \ ?main.
"Vo.i gould bear the roar and crackle
of the t.re at a coBcidcrable distance
from the Colorado," is i K bier, "and
now and then the wind slapped s bot
breath from her against the faces of
the men on the Suwanee."
OLD DOC BIEGEL
IS IN AGiUN
Government Holds International
Character as Dealer
in Drugs.
Hoc Biegel, known le the police of
two continents as a:i unu-unlly ??'.. . - r
Card player, f?ll Info the clutches pf
the i'.'ler.il autli'.* i ???r.l.iy.
They charge him ?Vitk vialatiag thi
Han son unti-Jop? in??, sad la
for some tune past his illicit trade m
drug? has been Ht the rute of $0,000
a month.
lit.i-, whoso parents christened Hen?
ry, was arrested i" nil eight-room
aaartmeat, at ?'.17 W. 113th Street, lo?t
i Ight, ?m?! bicked up in ths West 126th
Street station. This morning he will
plead befara Halted Btates .'ornmis
lioaei Hoaghtea, and perhaps explain
four liottles of morphias the detectives
Say 'ri' '?' found iti his tat
Itieg.-i was last in the limelight in
December, when he shouted: "To hell
with the Kaiser!" after he had been
ejected from the BaVOJ in Lenden a?
an alien en? my. Eight da>s later he
Braved his Atncrii-un citizenship and
?a ? dischargeai? il- reached this eesn
try last May, eampialaina of the treat?
ment he in?.I received in the British
jails. Biaee then hi? captors say h?'
has p?,<eil us a ? ?unniissuiri agent for
drug houses. His iii.'ho.l whh to order
a larg?' Btnppy of morpMas an?l cocaine
from 1 .'.0 to '!i"i BBBI1SB every few
days tt Hing the whole.-nler? the ?hip
merit? wire Intended f'?r the South
American trade. Hi? ?tiitioncry bore
the address of a downlown oflicc builil
ing, where a distant relativa at the
same name is engaged in business.
Having ordered th.- goods, he WO aid
BBnd boy? to the ?lealer? who would
Brief him the drug?. The narcotic?
aten?a Uten gravitai?* toward liroailway
and wend i?e dole?! out to tboca who
could pay high price? for them.
? ? ?
Seeks Porto Rican Home Rule.
San Juan, Porto Hin., Ort |f, The
I'lnorii?! part? of which the leader i?
Lu?? Mu?oz ? era, lUiident Commia
sloasr at Wsahiagtoa, bas dtafud a
platform in which I declaration is made
in favor of immediate homo rub- us
| lenco of the United
. \.-. .
FIGHT BY PHONE FOR CROPSEY
1.1,000 I'ninn Bank Depositors Begin
Campaign to Aid District Attorney.
Depositors of the wrecked I'nion
Muni of Brooklyn ncgati a telephone
campaign y terday for the purpose of
? their frieads lupport District
Attoruc) Crop ej for re-election.
The telephoning began at an sari]
hour m the morning and continual
thron ghoul tl-.- day It ij estimated
tlier" are about 16,000 depositors. Fa-ii
had agreed to telephone to at leust
ten persons seeking thi-ir support of
Cropeey, and .r turn ask them to do
th? same.
U. S. NAVY TO BUILD
A GIANT AEROPLANE
Will Have Speed of Eighty Miles
and Carry Twelve Passengers. ;
rFrrrn T - Trltnin? B'ir?iii I
Washington, "ct. 27. An order for
the construction at the Washington
Navy Yard of the first aeroplane to be
built by the United States government
was signed by Secretan Daniels to?
day. It will be the largest 'plane m
America nnd considerably larger than
the ordinary types in service in
Furope.
With a speed of from fifty to eighty
miles an hour, a load capacity of 2,200
pounds and carrying twelve persons.
the BOW air machine will have a very
wide range of usefulness. 'I wo motors
of lei horsepower each will propel it.
Secretary Daniels intends to build
several .similar aeroplane-, at the Pen
sacolu aero station, but the first expert- ,
ment it lie.nir mude here, because of
the testing facilities offered by the
wind tunnel and model basin. The
motors will be tested at the new aero
nautical nu"tor testing laboratory here. ,
The designs l'or the new 'plane were
drawn by the department's esperte, un?
der Ibe direction of Naval Constructor
II C. Rlchordson, Work on the ma?
chine will begin at once and will be
pushed ss rapidly as penible.
V 'YELLOW DOG*
PUZZLES MORGAN
Financier Tells Thompson
Committee He Never
Heard of Secret Fund.
GILLESPIE CONTRACT
A MYSTERY TO HIM
III Health, He* Says. Caused G.
M. Lane's Resignation from
Interborou?h Directorate.
.1. P. Morgan appeared yesterdav as
a witness before the Thompson legis?
lative committee which is investlgatiag
the Public Service Commlssioa, but
after an hour or so of interrogation
contributed little or nothing in the
way of important evidence.
Mr. Morgan wa? on time as usual, ap?
pearing at the rooms of the New York
County Lawyers' Association, at 161
Broadway, where the inquiry is being
held, fifteen minutes before he was
wanted. Mr. Morgan settled down In
the witness chair to await the in*? I ro?
gation of Merton E. Lewis, Deputy At
tomoy Geaeral, who is handling the in?
vestigation for the committee.
The inquisitor wanted to know what
Mr. Morgan knew about the withdrawal
of G. M. Lane and W. A. Read from the
directorate of the Interborough; what
he knew of the desire of Theodore P.
Shor.ts to award the contract for third
tracking the Third Avenue Elevated
Railroad to John F. Stevens, hu old
friend of Panama cnnni days, when Mr.
Shonts was chairman of the commis?
sion and Mr. Stevens was chief engi?
neer, and what Mr. Morgan thought of
the turning down of the Stevens pro?
posed contract and the ub?titut:on of
a sseend contract, which was awarded
to T. A. Gillespie.
Questions were asked about a "yel?
low lire, fu'.d" which was alleged to
he.ve been used in connection with the
swarding of the rotraektng contracts,
but Mr. Morgan stated that he knew
nothing of it.
The substsnes of Mr. Morgan's state?
men's was that his company was
handling the bonds of the Ir.t'crborough
improvements, and that he Wanted US
extravagant contract.? made or any
other aegotiationa transacted that
? m n m./e or aiT'V in say ifref
the popularity of the bond".
A ? . :' the With ir'.wal of
Gardnsr M. Lane, of IWton, from the
... Mr.
Morg?n said ths banker, whose tirm in
Boston I tloi be Morgan
- ,:i New Y"..-. ..'. a thd sa n b ?
. i of ill health and the fact that he
lived in Boston.
Mr. BhOntS, it wa? developed, h-'d
explained that a strong, capel le man
ess needed, and -.:--...- rrieace
with Stevens at Pa.-,..ma bad convinced
I. in that Stevens was the man. The
.-?'??.ens contract was for cost plu-- 10
p?r cent. Thi? figure WSI what Mr.
Lam- and Mr. Lead considered extrava?
gant. Mr Bhonts wanted to av..
possjl ' ?? of snennoui eapenss from
accidents during eo'nstruction, and be
thai Stevens was the proper mar.
to prevent this.
"I I'd you ever hour of a fund that
had been expended by ths Interbor?
ough in connection with bringing about
the dual subway contracts thai could
not appear on the books?" Mr, Lew.s
ask? !.
"No, sir. I never heard of it." re?
plu d Mr. Morgan.
Mr Morgan Slsi denied that he had
ever heaid of the Glllesplc contract, in
which Qillespls w-a? to receive 16]
cent plus cost, a contraci that is now
in force in connection with the third
tracking of the Thud Avenue Elevs i .
CORROSION CAUSED
EXPLOSION ON F4
( ontlnnril from one 1
suited in the vessel reaching CTU
depths.
"Seams of the vessel began to open,
and probably through open torp? lo
tubes and seams water entered the ves.
sel and a con.1.1,on of positiv.., buoy?
ancy was never attained.
"There followed actual disaster. The
vessel began tilling with water. The
personnel abandoned stations and many
sought refuge in the engine room, clos?
ing the door. Inder great pressure the
engine room bulkhead faibd suddenly,
leaving the vessel on the bottom, corn
flooded."
Attributes Loss to Open \al\cv
Henry R. Carse. president of the
PJIeetric Boat Company, which built the
F-4. issued a statement to-nighl deny?
ing any fault in construction, and at?
tributing the loss of the vessel to "open
air valves on the forward, middle and
aft main ballast tanks and ;be auxil?
ia? I ballast tank."
Ths statement reviews the report of
the board of inquiry, and says:
"The item of lead lining and corro?
sion would indicate laek c.f -,,r ?. All
ves?,is and machinery ?n ...hie to
corrode, and should be regularly .;ver
bauled, cleaned and painted. A similar
experience in connection w I] ? i- bal
tory tanks was StOI with sir, tune be?
fore the lo?s of the Ft m connection
with one of the boats of b ? K eiosl on
the Atlantic Coast. Measures ire now
being taken to guard carei.lly agai lit
deterioration of this nature in boats
now in the servie ?.
"While this corrosion may possibly
have been a contributory cause to the
iccident, it could not nave been the
main cause, as it is alwaj - po ole to
ib'tect such leaks and bring the boat to
the surface before serious damage re?
sults."
Explaining the use of vent valves on
the boat and stating that "all instruc?
tions governing the operation of boats
lequire these valves to be closed," Mr.
? "arse says:
"Nothing further is required to ex
tlain the much regretted loss of this
\essel. In the forego ng remarks there
is no Intention of reflecting on the un?
fortunate men who lost their lives in
the vessel, but the fact that ibes?'
valves were left open must not be over?
looked."
LEARN BY DOING
Tut: .mu tetma in th? meat <ie?.'ci to
tmiiliif rfvrt task of Blerirlesl lii.luiir,
|.y a.mat pteetko." All MM from Eg.
U?n l<> ?alaty rut?r llir a.tv?l .hi Ilia pptea \?,e\
pet? ?r? ?in'?*? --h.'w" m.i "ess" in ? mtmum
Dial uiturn >Im. luir MMMM
Way Slid emilm leil.K,, liKllTldutl 1'i.lrii,
tkm
No preparation needed to becoatd a
"learner" In this school. V?,u can
start this course any week-day
throughout the whole year.
I imp s |k?i?I i-aM t?t trep ,-.i.\,.p\? \\, r
tlrularl) tpmtt* I? hat? It kiiitwn ihai all VIHIT
(?lia ara haartllj MlcMMd al II,i. uni,,.,, train?
ing liiallluttirti. ?Mira ,.|...i | a \( ,,, ;, p ,\
N. Y. ELECTRICAL SCHOOL,
M West 17th it. New York
NEW J. 8. BACHE INTEREST
New York Banker Acquires Control of
International Corporation.
Control of the International Banking
Corporation, which operates the Inter?
national Bank at 60 Wall Street and
sixteen branches in the Far Fast, Lon?
don, Panama and San Francisco, has
been acquired by J. S. Bache, of J. S.
Bache & ( o., bankers and members of
the Stack Exehaage, with headquarters
at 4J Broadway, at $16r- a share. Inder
the conditions of purchase opportunity
is offered to the minority ?toekholders
to sell their stocks at the same price.
Mr. Bache, in confirming the purchase
1 yesterday, announced that he had taken
] over the holding? of the late Thomas
H. Hubbard, who organized the cor?
poration in 19C2. Mr. Bache said he
had obtained the ?tock for investment,
' and BBSertajd there 4vould be no change
in the present official staff or the board
of directors, of which he has been a
member for s vera] years.
The International Banking Corpora?
tion, according to a atatement of it?
condition on June ijo, 10!.">. had demand
deposits of |l?j87'7,a?04 It ia capital?
ised at $3,250.01)0 and has a surplus of
. a like amount. The Far Eastern
1 branches are located at Bombay, Cal
1 cutta, Singapore, Canton, Hong-Kong,
Manila, Cebu, Shanghai, Peking, Han?
kow, Kobe and Yokohama. This insti?
tution is also the depository of the
, Philippines and Panama governments.
The Cr?dit Lyonnai? is its French cor?
respondent.
The impression prevailed it? tk?
financial district, despite Mr. Bach?.
6tatement, that he was acting a? i
broker, and in view of the polie?
adopted by the National City Bank ?a,
establishing foreign bru?ere, it was
rumored that this institution was tk?
real buyer of control of the Interna?
tional Banking Corporation. Pre?-.eat
Frank A. Vanderlip, however, denied ? hst
the City Bank wa? n party to th.? ,irp\
While the price paid by Mr. BSchi f0r
h? stock was 160, the exact uniojnt ac?
quired he decline?! to divulge. H. T. ?J.
(?icen is president and general manager
of the International Hanking Corpora,
tion, and John Hubbar?! is .iee-prse*.
dent and treasurer. The director!, is
addition to Mr. Bache, include (.'r.?rlei
B. Alexander, Cuy ( ary. Haley Fiske,
Frank P. Frazier, II. T. S. Creer?, Lionel
Hagenaers. Jolin R. Heeeman, Williaja?
C. Henshaw, Erskine Hewitt, Willi?*
T. Hincks, Colgate H..;.*., John HubbanJ,
Minor C. Keith, Henry I'. Mclntcih,
George H. Maey, Pierre Ma! 'V ''.aa*
Barclay Parsons, William Salo-non,
William Shillaber, Hermann Sielckes,
Valentine P. Snydt-r and Jamei Gilbert
White.
Arery Stirs at Billiards.
Oeetga /tverj wai the winner in lut
night's three-cushion tournsment it
Doyle's Academy. Re defeated Hirry
Cashman by a icore of 25 to It? in forty.
three innings. In the Engliih biMiird
tourney W. Davis won from J. Brutos,
150 to 135. Games in each ?vent will
be played to-night.
Ge o. C.Flint Co.
Ec. J. H ORNER. Co.
FLINT & HORNER FURNITURE
Unexcelled For Reliability and Moderate Cost.
In Library, Living Room or Den the fireplace is nat?
urally the central point in the general scheme of decora?
tion. Whatever else may be sacrificed to convention or
economy the hearth must have its easy chair or Davenport
before the fire.
From the collection of Leather, Tapestry and Velour
Upholstered pieces, which we are now ottering in our
Exhibit of the combined efforts of the trea aldett Farn ture
llntises of Sew York, it is easy to select old-time "Wing
Chairs," "Club Chairs," or Davenports adapted to the
fullest comfort, and at
PRICES WITHIN THE PURCHASING POWER OF ALL
FLRNTTURE, RUGS, DECORATION.S.
G
orner'UOainc
2026 West 36th St
New \i>rk
TA?WPrrV.AJ'
, \W I?? "J KWJ IS. s_D \g) [WJ t*) & ,?, v?; [V; .W) Q
TRI BUN?T
v.*xy.*t.\- DiR*rcrt7/?r
Note?The following New York City hotels are advertisers
in The .New York Tribune. As such they oticr to their
guests protection from undesirable surroundint*?. since sat?
isfaction in accommodations and service is fully guaran?
tied. See The Tribune Graphic Section every Sunday for
complete Hotel announcements.
?Am. & Eu. ??Lu C?Fes. <**. Ba?h. D?Fam?v. F:?Women Exclusive.)*
District No. 1, 14th to 42d St., bet. Fourth Ave. *fld Seventh Ave.
H ?tel.
?\ H?tai Arlington.
B ?-tcl Brrslin.
B Grand Hotel.
B?Motel Hermitage,
A Hotel Irving.
B Hotel le Marquis.
C Hotel MadMOB Snuare,
E Martha Washington,
B- - Hole' Navarre.
B ll-itel Prince George.
B Hotel Seville.
D Hotel Tour.ine.
B Hotel York.
A- Hotel' Albert.
A Hotel F-arle.
A-Holel H Hey.
A Hotel J.idson.
A - Hotel Marlton.
Addreti.
'8 Wen 2Sih St.
Bro.irway and 29th .c!.
31 ?t St. ?nd Broadway
\;mei Samare, a! 42d St
26 G>-amercy Park.
12-16 Fail Mm St.
37 M?d??on Ave.
20 Eait 29th St.
7th Ave. ?nd 38-h S*
28th Si. and Fifin Ave.
29th St. ard Mar!, in Ave.
Ml E?.t 39th St
7th Ave., cor. ^th ?t.
District No. 2, Washington Square Section, below \ ?tk 5l
$1 per day in?. ???
$9 wk F... $16 wk. r\n
On ipplrltioB.
$1 El?.. $2 50 AaD.
On ?[?l..-a'oa.
tatas
JQwk F."..$?)4 4.k.\m.fer2
$1 a day ?no! up.
$1 per d?v u;,
$1.50 [ ?r ;!av /.id up.
* er va -?? ill ,2p<op!*
1130 pst ?Ir.y up.
On aipl'< lion.
* ? h ?'-7 -P
51 pss '.'iv up
I -' dsj sa?
? ', '10 per ?ej
On e.[fl??liOB.
$1.50 u.v
11 th Si. ?nd L'niver?iiy PI
103 105 Vvaverly PlsCS?
36 Waihington Square.
53 Washington Squ.re.
3 5 Vseit 8:h St.
District No. 3, 42d H to 63d St., bet. Mcd.xon Av?. anJ Broad*.*?.
A Hotel Bristol.
B -Ho??l Buckingham.
B H-iel F moire.
, C?14 EaM 60th St.
I! II .lei Great Norther**.
B- Hotel Ungdon.
?i Hotel Liurellon.
B Hotel Leonori.
C-Hotel Longacre,
B H tel Lorraine,
D Holel New vVei.oa.
B Hotel Netherlani
B Hotel l.ithmond.
Il Hotel Somerset.
122-24 Weil 49ih St.
Fifth Ave. ?nd 50m St.
63d Si. and Broadway.
Eager tt Babcock.
118 We.t 57th S?.
Fiflh Ave and 56th Si
147-149 Wt,i 5)th S?.
63d Si. ?nd Maduon Ave,
157 Wen 47th Si.
Fifth Ave. and 45th St.
Madiioa Ave. and 49th St
59ih St. ?nd Fifth Ave.
70 Wen 46th Si.
150 Wen 47th Si.
109 11.13 Wen 45th Si.
On *| ?jl?-?ti<*a.
$2 |>cr ??y op
$| per d?y ?nd up
0?. appl?c?t'?a?.
$2 per d?V uo
On ?; pi .el-en.
$2 |>er d.y up.
$2 i?er day -ip
$1 per <!sy Hi?.
On .?('it.lioa
On ?ppl.itioa
$2 per day up.
$1.50 p-i d?y tr*
On appk?tioa.
$1.50 per day ??>
B Hotel Si. J.?me?,
District No 4, 63d St to 110th St., bet. Central Park W. and Brot??!'
A Itolel
B H ?tel
B Holel
j B?Hotel
I C?Hotel
A Hotel
B ?Hotel
B Hotel
B Hotel
'? H.tel
H Hotel
B H-lel
I? II.. lei
B?Ho??-i
B Hotel
B?lanla.l
B Holel
Anderion.
Belle?-la,re.
Uonta Narr?nganiett
Bretton H.H.
Berkeley.
( lenilening.
Colonial.
Endicoll.
Lurerne,
Ma)eilic,
Manhattan
Mane Antoinelle.
Martrille.
Montlcrito,
* l?"n,?n Square
?*X all. II.
?Ward.
S|uare,
101 Men 80,1, Si.
77lh Si. ?nd Broadway.
Broadway at 94th Si.
Broadway. 85ih to 86ih St
170 -free. 74th Si.
202 Wen 103d Si?
8ln S?. tt Cnlumhui Ave.
6lil Si. and Columl'iii Ave.
201 Weil 79th St.,
Cenlr.l Park t, VA St
50 5? Weil 77th Si
66th St. and Broadwav.
Broadway ?I I OKI Si.
35-37 Vle?i 64th Si.
Broadway. 70th ta 71il St
104 man 70th Si.
Broadway and 76th St.
On ?pplii-.n.n.
$2 per d?y ?*>
$1.50 uj?.
$2.50 up. I er 2 m*et*
On ?i i-l" ?''<????
$30 up tor ?we.
On application
$1 per' day <??
Room md bath. $2 a*
$2 per diy up.
$2 per d?y up
$l.5<> |^r d?v -F
$1.50 pe? day ap
$1.50 up.
$1.50 per d?y ?S> i
On sppltcstio??
Room and hsth, $2*?*''
C?Hotel Marg?is?,
BROOKLYN HOTELS.
97 Columbia Heichts, $43 par