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THE SUN, SATURDAY, DECEMBER 7, 1912. formation on many particular Instances' lh 'Which the povoi of the .Slock li.v chanffo authorities has been exerted ti PubUc fldntitii8. anil explanations wilt hoglvm of tho failure of tlio authori ties) to prevent such wrongdoing ns hits routed antagonism or criticism. There will nUo lie presented In con motion with this matter of Incorporn Hon the report of the Hughe comnils Ion. which decided nKaln.it recommend ing Incorporation, nnd It will he main tained that the authorities of the Ex chtngei have compllul with this lecnm nMidatlon of the HiikIics commission In that respect: 'This conimlslon In refr.ilnlng from Arising, the Incorporation of the Ex change, docw so In the expectation that tha Exchange will In the future take full advantage of the powers confornd upon It hy Its voluntary organization aad will he active In preventing wrong doing KUch as ha occurred In the past. Than xrn helleve that there will be no serious criticism of the fact th.it It Is J not Incorporated. If. however, wrong-. ( doing recurs and It should appear to, tha public at large that the Exchange; Jia been derelict In exerting Its powers I at)d authority .to prevent It. we hellcvs 'that the public will ln.lt upon the In- corporation of the lAohnngo and in subjection to State authority and super, vlalon. ii Acrownlnnts nbpoenert. ' TvTiethr or not the eovernors of the tsohange have compiled with this recommendation of the Mushes com wrlwion and have exercised due dill--0c In protection actinst fraud Is n question that the exchange atlthorltles eontlder certain to Vi raised by the Pujo committee. Suhpcrnns have been leified hy the Pujo committee for the accountants who went over the books of the member? of the Columbus n.nl Hocking foal and Iron pool. The col lapse of that pool has been the only rtl scandal since the report of the Hughes commission was snhmlttcd and tt Is of course Incumbent upon the ex change to explain why the operations of 'the pool were not stopped before harm wan done to Innocent speculators and investors. In reply the exchange will Ula,boratc the explanation made of the failure of Coster. Knnpp & Co., an. even more unsavory transaction, iwljlch the Hughes commission Inquired Into very clo.icly. That explanation was: "The failure of Messrs. Coster. Knapp 'ft Co. was caused by their own reek !8 and unprincipled speculation. No safeguard which the Stock Exchange could by any possibility place around Its tret illations could have prevented this realamlty. The llrm did not do a bank ing business, receiving funds subject to 'check, and their methods, after their capital had been absorbed, were abso lutely dishonest. "In other words, they npplled their customers' securities and funds to their own use and by unsuccessful specula ton lost not only their own money but the money of their clients. It must he evident that dishonesty of this de scription cannot be guarded against, anil th" only course possible to the authori ties of the exchange was to punish It In the most seM'fe manner when dis covered. This was done by the expul sion of the firm under the Stock Ex change rules, after due anil proper trial and hearing.'1 Mnxlnmm Vnlnntlon flppoied. Reference to the relation between the Stock Exchange nnd Wall Street bank Ins Institutions Is also contained In tho brief. In reply to substantially the same question as was asked by the Hughes commission, that Is. "Would It be practicable for the banks or the banks' clearing house, with tho assist ance of the Stock Exchange, to fix a maximum valuation of securities for purposes of loans, based, say, upon av erage values for the preceding week or month? Would such n plan have any useful results so far as 'pyramid ing' nnd Insufficient margin transactions are concerned?" To this question the brief replies In part as follows: In our opinion meh a plan would be not mjv impra'i'-able but productive of re-ults which would be dnngeroiH 11 not dlMrou The present praetb e furnishes Infinitely more protection All bank- or inntltu , tjons which lend monev watch with sernp tllous earefulne the ranse of price affecting seuntle lorlsed w llh them as col lateral. Theso pricet are enmln'-d not only dnllv, but tn times of excitemint frequently hourly, and an Immediate call l mad upon the peron tn whoe favor the loan stand should the prices of securities in dicate that the customary mareln re quired hi. the money lending Institution has heen impaired It is usual foi all so-called Wall Street loaus to carrv a minimum marsin of 50 per cent upon the money value of th" loan, as represented by the surplus amount of .secnrltle When cry violent fluctua tions overtake the Mock market there rnav be brief lntunce where thU margin if Impaired, b'l' it Is almost an unknown case for an ln-l It tn Ion lending money linger the above condition not to he pro tected to the required extent, or if not fully protected at nil events sufficiently so to avoid any lo And, as a matter of fact, as n matter of record the financial Institutions throughout the country loan ing money on Htnek r.xchange collateral have rarely lnit a dollar It has been stated by one of the mot honored and eperienced presidents of a trust company In the vicinity of Wall street that there i no safer Investment In the world for hanking lunds than loam to members of the Mock Exchange on mar ketable securities s.apcrvllon Impracticable. The Hughes commission wanted to know, as does the I'ujo committee, If It would not be advlsablo to Institute some method of supervision over the charac ter of a security admitted to the Slock Exchange list, nnd also If It would not he a public protection to have peilodl cal Inspection of the books of members of the exchange. In regard to super- if Ion over the listing of securities the brief says1 It is not the settled and invariable ruin that rallrnRd corporations and such cor porations as would not bo unfavorably affected by tho frequent issuance of state ments, whose securities ar listed upon the Stock Kichance, should give out period ical details, but, In the case of certain indus trial and mercantile corporations and enterprises the knowledge of their business thus conveyed to poaslblo competitors and rivals would be a great injustlro and would frequently not only interfere with the prosperous management of their business but would unfairly reflect the business as a whole, because at certain porlods of the ywar they would he unable to make a satis factory statement of details, In regard to the Inspection of books of members of the Exchange the brief caya: Bonk Inspection an Injmtlce. The Inquisitorial nature of an Inspection hy any authority of the book of the mem ber of the Etehange would be an Injustice, and if perflated In would betray the con fidence of clients who entrust their affairs to the members of the Slock I'lchansc It would terve no good purpose because jen portions of their books as would be llri1intnnr1.by.ihaitnapcctorcouki not affect the confidence of the public! and It is fair to suppose that no Inspection which should betray confidential trans actions between llcnt and broker would be made public. It Is not to be believed thai transaction' of Importance would be enttusted to mem bers of the Kxchange unless it was supposed that they would be kept oufldclitlal. The proposed remedy, If it were such, would be a far greater evil than that which by any iliahce may exist at the present time. The duties of an Individual transacting business as a private banker or broker aie so dlfler rut and his responsibilities are so clilinllnr from those of a bank or trust i otnp.inv that Hie question of Inspection inil'l be looked at from an entirely dirtcrcnt point of view the personal honor and standing of the brokeiage or banking house are. their capital In trade and If their business Is not trans acted In proer lorin they are the sufTerrrs, whereas a bank or trust company suffers chiefly through Its stockholders for any Irregularity that may transpire. It is to lie temenibered that broker are engaged, not In a public but In a prlvnto business Moreoer, It Is a private business of n peculiarly confidential natuie I hey are agents transacting, not their own busi ness hut that of others entrusted to tliem. An Inspection of their books would dl-1 close thn atTalrs of their cutomeis and If the result were made public the affalis of their customer would be made public, nnd ir II... .n,,,l,,ll ,,,,, ,il,ll.. it n-nni.i i, h.m... -..! .n.inM. r,,r it would be without effect Iheie would seem to be no more warrant for examining the books of a stock broker than the books of a priMite hanker or n of real estate broker or of an iicent for the collection of rents fiom real estate, or of a collector or com mission merchant who bundles the goods or moneys of others lull Alone? Fluctuation. Another portion of the brief, perti nent on account of the recent high call money rate, and the effort to connect the Stock Exchange with the Wall Street banks In a money conspiracy, has this to say In regard to fluctua tions In call money rates. It Is lecoitnUeil that mon"y Is a com modity and that like all other commodities it will seek the spot where It will command tho highest price call money rates are not regulated by the Stock l.xehange The price of call loai's s regulated by supply and demand, an U the supply w hich In normal nmcs ami uier normal conouions . might he ample is (".inies of great financial stress areaily diminished by timidity and I the hoarding of money on the part of nn- ' scrupulous persons. Kxtreme vnrlatlons are unusual and the Institutions of this city and of the West deprecate them exceedingly The fluc tuation ol share prices does depend lo a considetable riegiee upon whether money tie plentiful or scarce, but the natural flow of money sooner orlater ceks its level and any attempt lo arbitrarily control the rale of money is bound lo meet with disaster We have nlluded to the timidity nnd the unscrupulniisiiess of certain parlies as nid ins in a locking up of currency, thereby causing extreme rates or tlucluntlotis. It is not our Intention to dwell upon this sub ject, but we wish lo say that until the dov ernnient finances are put in such a onilltion that the currency of the cotinlrv has lis natural ebb and lion JU-t so long will Intent fluctuations he possible in nioiiv rates In regard to "short sales" the brief pre sent the t ii 1 1 1 It I it r argument thai a short Interest proleiis prices in times ni demoral ization or panic, that "repurchases ' lie uuently check the downward course of prices and are nt times practically the only support when money is active and condi tions are very unfavorable to operation for the long account In regard to the practice f dealing on margins It says that this Is abso lutely essential to the conduct of many transactions, whether In stocks or bonds. The brief nlso deals with other qtics tlons regarding the brokerage business, such ns tho licensing of brokers, manip ulation, the so-called "laundry busi ness" and other matters which have not yet been criticised by members of the Pujo committee, but which it Is the desire of the authorities of the ex change to explain fully. It Is the desire of the exchange, so said one of the ofllcers yesterday, to present all matters of exchange busi ness as frankly and candidly to the Pujo committee as to the Hughes com mission. When that commission was appointed, he recalled, tho governors of the exchange wrote to It that "It will give us the greatest pleasure to appear before you and review the replies made by us and dlcuss the same at the fullest length agreeable to yourselves." The sane disposition, he said, actuates the governing body of the exchange to da y . SUGGEST MUZZLE FOR PUJO. Democrat le Leaders Object tn Mock Klrhsngf Mntementn. WASHtNOTO.v, Dec. 6. Some of the Democratic leaders in the Houe of Representatives would be happy If they could apply a muzzle to Ch.iirnian PuJ) of the money trust coininit'.e". They do not approve of the habit which Mr. Pujo ha' contracted of giving out statements about excluding stocK exchanges nnd clearing houses from the malls and about regulating these Institutions under the Sherman iintl-lrtist law as conspiracies In restraint of trade.. Responsible leaders of the House point out that If Mr. Pub entertains these vlows the proper way for him to express them wouid be In a report to the House after nt Investigation has been completed. Some of Mr, Pujo's colleagues on the money trust Investigating committee re fuso to accept tho statements he hus made. Democratic lenders say they are going to have enough trouble over the revision of the tariff without stirring up unnecessary ngltntlon hy giving out interviews on tho money trust before the committee even has tlnlshed Its Investigation or Is ready to report. In other words the distinct Impres sion was gained here to-day that Mr. hALFRED BENJAMIN No Fancy Prices Here for we combine style and quality with moderate prices in all our clothes and haberdashery. Suits as low as $18 & $20 Bath Rnhet nnd Dretsing downs model t, ax u fll as plain Pujo will be sat on hard by the House leaders unless he buckles down to hfs Investigation and lets the facts speak for themselves. The conduct nnd management of the New York Htock Exchange will be. made the, subject of careful Inquiry by the money trust committee of the House, An announcement to this effect was made to-day by Mr I'ujo. Twenty one witnesses will appear before tho committee next week, among; them offi cials of the New York Stock Kxchange. It Is Mr, l'ttjo'. opinion that all stock exchanges nro. "close corporations," wielding n large power that should be brought under (lovrrnment control. In Investigating New Yolk Stock Ex change officials Mr. I'll Jo will attempt to establish the following alleged facts: That seats or memberships In the New York exchange are limited to a select few. held at exorbitant prices, thus barring hundreds of legitimate brokers from free nnd unrestricted com merce. That the governors have almost un limited arbitrary power to cancel any membership. That It Is Impossible to secure a scat without the tacit or actual consent of great financial powers. That arbitrary authority exists to nd- .tlilt or bar stocks and bonds from "list Ing" the privilege of being traded in upon the floor. That the "c.urh" exchange Is a medium of commerce forced upon brokers and 'bankers, often unwillingly, by the dom- ilnant "Interests" of the Stock Exchange. I To-day the full banking committee of , the House met, Chairman Pujo report jtng the progress of the Inquiry nnd the prospective witnesses next week. Sum mit rntermyer, attorney for the com nlttee, Is expected here Sunday In prep-a-ntlon for the taking of testimony Mon day. COURT RAPS WHITMAN FOR DELAYING CASE THREE YEARS Cniivit'tcd of A bllllct ioil. Mail's Appt'al Is Not ActPtl On in That Timt. The Appellate Division of the Su preme Court yesterday criticised Dis trict Attorney Whitman for permitting one Joseph Turley, convicted of abduc tion, to remain out on ball for three ytars before his nppeal came before the court. The court found that the con viction was proper and tn the unani mous opinion, written by Justice Scott, said: "There Is much Well Justified com plaint nt the present time of the slow ness with which the ctltulnal law Is enforced, and especially of the great length of time wMlch Is frequently per mitted to elapse between n conviction und the review by the Appellate courts. The courts are most unjustly charged with a largo share of the responsibility, but the blame rests elsewhere. "The present Is a particularly flagrant case. The defendant was convicted In March, 1303, nnd was almost Imme diately released on ball pending nn ap peal. The record Is not voluminous and the question of law are neither dlfll cult nor Intricate, and yet t'hn defendant has been at large for three years nnd a half before the appeal Is brought on for argument. "The duty to bring It on promptly rested upon the District Attorney, who had It In his power at any time to force n hearing of the appeal by moving under the statute to dismiss 'it. This court ha never shown Itself to be un willing to support nnd cooperate with tho District Attorney in compelling ap peals In criminal cases to be argued promptly." The Appellate Division took only two weeks to decide the Turlev case after i It was argued. When District Attorney Whitman's attention was called yesterday to Jus tice Scott's criticism he explained that the tardiness was to some extent be yond his control. The case originated during the administration of a former District Attorney, he said. In the past year. Mr. Whitman said, his office has established n high mark In arguing cases before the Appellate Division. In eleven months 103 cases have been argued, while the hlgliest previous number was M In 1309. In only three cases has there been a re versal, the District Attorney said. LOST $105 MATCHING COINS. .Writrrn Vlallor Camri Arreat of Men Who fiot Money. John Suftleld, a storekeeper from the West, came to New York a few days ngo with some money. He stopped at the Grand Union, but nftor he met two young men whose hobby It was to match coins and to whom Sufflcld lost $105 he moved to Mills Hotel No. 3. Lojit night he met the young men talking to a stranger at Forty-second street and Sixth avenue. Suffleld fol lowed them across Forty-second street and down Seventh avenue. The three men were matching coins aa they walked and to Suffleld It appeared that th stranger lost more often than he win. At Thirty-seventh street Suffleld cnlled a policeman nnd the three men were stopped. The stranger said he had lost B4 nnd on his complaint tho other two men, who said they were John Mur phy, 14 Clinton street, and Joe Stone, Mills Hotel No. 3, were held for grand larceny. The other loser was John Frank Maine, a gardener. Mills Hotel No. 3, &Ctfsmr.TnajeClothr and good ones at that. camel' hair, Prrtian tilk and quilled wool blanket robes, S5 In $30. HOLD ANNUAL PARTY Fiftli Avenue and Ninety-first Street All Lit Up by the Reunion. ALL HAPPY, IT IS STATED Ironmaster Quite the Happiest of All, Says Official Account. Andrew Carnegie's olg house behind the twelve foot Iron or are they steel? pickets at Ninety-first street and l'lfth avenue was blight with lights last night In honor of the eleventh annual gathering of the Carnegie Veteran As sociation. Each year for eleven years about this time Mr. Carnegie has gathered about him the Carnegie "old boys," as the men who helped to make Mr- Car negie rich and grew rich with him are known, and while no exact report of what goes on ever becomes public It t.i said that steel kings and princes, past and present, forget their glories nt those dinners and dellgnt to tell of the old days. The "old days" mean th? days of the Carnegie Steel Company, and many of the men about Mr. Carnegie's table are able to recall the tlmts when they labored In the mills or at the furnaces, days of the simple life when nobody was worrying for fear he might die rich. Iaat night the association elected officers before It sat down to dinner. Andrew Carnegie was returned as pres ident ; Charles M. Schwab, president of the Bethlehem Steel Company and the first president of the United States Steel Corporation, which took over the old Carnegie company, was elected vice president, and Charles L. Taylor Is the ecretary. Mr. Taylor in his official capacity told the reporters all about how things were going. There were speeches, tald he, hut not for publication, although It might be said that everybody was In n "happy vein." Mr. Carnegie, It wa-s gathered, was even better than that. He, said Secretary Taylor, was quite the happiest of all. Of course Mr. Carnegie made a .speech quite the speech of the eve ning. Then Charles M. Schwab re viewed the battles, victories and de feats of the members. .1. II. Heed, a director In the United States Steel Cor poration; II. P Hope. John Mcleod, A. (' DlnUey and W. H, Corey, ex preisldent of the Steel Corporation, were other speakers. W. H. Dickson, recently elected presi dent of the Steam Pump Company, read n poem. At least Mr. Taylor said Mr Dickson did, hut he added that like tho speeches, the poem was "not for pub lication." Those present besides the speakers were Charles W. Baker. W. It. Hal slngcr. P. T. Herg. W. W. Hlackburn. J. J. Campbell. Albert C. Chnse, D. M. Cleinson, A. Dinkey. R. A. Pranks, A. It. Hunt, V. II. Klndl. George louder Thomas Lynch, Hdwln P. Mills, A. O'Nell, Thomaa Morrison, George K. Mc Cague, W. C McCausland. Gibson D. Packer. William P. Palmer, A. It. Peacock, Lawrence C. Phlpps, J, H. Reed, J. B. Schwab. James Scott. Emll Svenson. H. K. Tcner, Jr., I. H. ftley and George H. Welghtman. John O. A. Lelshman, Ambassador to Germany, cabled a greeting, as did Mil lar Hunslker of London. There wero messages from William L. Abbott of Pittsburg, John C. Fleming of Chicago, P. G. Kerr of Pittsburg, J. A. Totter of Los Angeles, nnd K. F. Wood of New York, all Carnegie veterans, who were unable to be present at the re union. HELPING MAMA WAS FATAL. 14-Vear-Md Girl Will Die From Barns Iteretved Getting "tapper. Fourteen-year-old Margaret Jenkins of 358 Hast 138th street had been such a good girl lately thut when she was Invited out to a rarty last night her mother gave her a new silk dress. Mar. garet was happy and decided she must do something to show how grateful she was. Yesterday afternoon Mr. Jenkins went out shopping, leaving Margaret and her nine-year-old sister Mary alone. Margaret thought It would be nice to have supper ready nnd started to get It. hut the kitchen range wouldn't work. So sho got the kerosene can and poured oil on the coals. There was an explosion nnd Mar garet's clothes were ablaze. John Locsch of 345 East 139th street nnd John Henderson of 345 Willis avo nue wrapped blankets about Margaret and put out the flames. When Dr. Auer of Lincoln Hospital saw her he shook his head. He put Margaret In an ambulance and held 'her In Mis arms all the way to the hospital. Sho will die. DIGGERS BATTLE IN GRAVE. Fight Marts When One Mrp (In the Other's Foot, Newark. N. J., Dec, 6. "Peaceful ns a grave" did not fit one grave In Falrmount Cemetery yesterday, when Joseph Buclt of 462 South Orange ave nue, gravedlgger of the cemetery, stepped on tho foot of Peter Sudwlck, his assistant, while they were moving about In tho restricted space being pre pared for some one's final resting place, There was a lively minute or two. In which blows were struck. Later In the day Buck was arrested nnd charged with striking Sudwlck on the head with a shovel, BUMPS INTO WRONG MAN. I.rary Ezoneratea Poller Captain and la .Now I.nekrd Up. Patrick Ieary of 203 East Seven tieth Htreet, In a hurry to get off a Third avenue elevated train yesterday, bumped Into the wrong man. It was Pollen Capt. Domlnlck Henry, but Pat rick didn't know that. So when Capt. Henry protested Patrick put his list through tho Captain's now derby. Capt. Henry and Leary went off the train in each other's arms and the policeman had his man under control by thfc tlmo they hit the platform stairs. There JoTin Flannery of 300 Eapt Seventieth street Injected himself, no Capt, Henry took him along for Inter fering. Magistrate McQuade rnt Leary to the workhouse, for ten days and fined Flannery 16. Sterling Silver Baskets IHE Gorkam. designs arc distinctive, MM embodying character, good taste and originality, -while the values arc exceptionally interesting. I I if VISIT TO RYAN'S EXPLAINED. t'ndervrood's Friend Deny Polltlcnl Conference Waa Held. Washivotov. Deo. a. Democratic lenders vhn lifted their brnwn And CTOW I huffy when they first learned that Rep resentative Oscar W. Underwood had dined at the residence of Thomaa V. Rynn in Now York Wednesday night in company with Nelson W. Aldrich, Senator Joseph W. Bailey and others and that a legislative programmo was discussed are to-day laughing over the incident. ; It all came out to-day While Mr. Underwood absolutely declined to dis cuss the subject friends of the Demo cratic leader commented on it freely. They explained that Mr Underwood attended a purely social affair by invita tion ol Mr. Ityatl. tney saiu me iik that a legislative programme was debated was ludicrous. They pointed out that Mr. Ryan s guosta embraced Republicans and Demo crats, progressives and members of tho Bull Moose party. In this connection nn interesting dis closure wan made to-day by a friend of Representative Underwood. It was to the effect tliat Mr Underwood wa in absolute ignorance of tho fact that Thomas F. Rvan had contributed $30,000 to the Underwood lYesidential cam paign oarly this year until Senator John V. Bankhead of Alabama, who was in charge of the Underwood forces, so testified before the Senate committee, Mr. Ryan and Mr Underwood, both interested in the University of Virginia, have known each other for many years. A friend of Mr. Ryan said to-day that Mr Rvan made th" contribution to the Underwood campaign purely for friend ship's sake. It appears that Senator Bankhead made no report in detuil to Mr Underwood. FEW PLACES FOR BULL MOOSE. If Thry Herd hy Thrmsclve They Won't Urt Mnn- Fmors. Washington, Dec. 6. The Bull Moose members of the new Congress will not ho forced to seek for committee favors at the hands of Representative Mann of Illinois, the Republican leader. If the Bull Moose herd by themselves and set up a separate organization of their own they will get committee representation In proportion to their strength In tho House. It Is the expectation that the Bull Moose members will herd by themselves politically. Representative Lindbergh of Minnesota Is authority for tl;o state, mcnt that tho progressive Republican nnd the slmon pure Progressives elected In November will doubtlcs. find much In common, but the Bull Moose will be enrolled ns Progressives, whercaa yurh progressives as Mr. Lindbergh, who ran In tho recent campaign ns n Republican, will continue to be classified as Repub licans. Mr. Lindbergh announced to. day that he would not attend any Re publican caucus In the new Congrcs, "I ahull be glad to confer with Re publicans nt any time," ho said, "hut tho old purty caucus, which squelched In dividualism, Is bad In principle. 1 shall have nothing to do with such nn or ganization." MRS. STOTESBURY'S BALL. Venetian Dance at rJeltrvnr-Strnt-ford llnaanallr Fine. PiiiLAnr.M'niA. Dee. . Mrs. Udvartl T. Hlotesbury'a Venetian dance and ball at the Hellevue-Htratford to-night was unusually fine. Tho ballroom was trnsformed Into an Italian garden, and with an elect rlofoun- taln nlaylng In the centre of the room and gondolas moving about tho artificial lake the : special guests found themselves in a handsome setting for Inn long enter tainment, . . u ... Ksvnt an dances were enacted hy Miss Sybil Maitland, assisted by the .Misses Croinplon, Palmer ami Ronales. After iney nRU icompieten ineir irriiirniHnen Adeline Henee. KUimorted bv her entire company, danced a ballet and divertksc- mem. The guests were then summoned to the bamiuet hall by two Italian troubadours and pretty Italian girl Mrat served Ilia guests with cocktail, tiuesis were assigned to places accotdins to the colors which they wort. IN the display rooms of IflThe Corham Company may ho seen a collection, of over two hundred and fifty of these popular gift pieces. Business Conducted in New York Yin State of Mnine, Tes timony Shows. SB INTEREST OK $25 LOAN District Attorney Seeks In formation Concerning Em ployers of Girl Sentenced. The first two women to be convicted under the Brooks law against loan sharks were dealt with yesterday In Special Sessions, Part V, May Qulnn, clerk for Chesrerklrk Co. of 203 Broad way, whose real name Is Mildred Dow ney of 117 West Fifteenth street, was fined I2D0. She was convicted on No vember for lending 125 for one month nt 6 Interest. Nan Baumann, clerk of tho State Trad ing Company of 100 Kfth avenue, waa convicted nnd continued under ball for sentence on December 12. "The Imposition of a fine here must not be taken as n precedent, said Jus tire Collins In sentencing May Qutnn. "You are the first woman convicted un der the law and the court Is unwilling here to exert tho drastic pqwers vested In It. It Is not to be tnken ns precedent for the treatment of persons, even fe males, convicted hereafter." It developed In the testimony that both girls were paid salaries by a man named Ooldshlre nnd In tho fearful tan gle of names nnd addresses that both firms conducted business via the Stato of Maine, where the laws allow any Interest on a written contract. "Your Honors, this Is the worst scheme and the worst combination in the entire run of loan shark cases," declared As sistant District Attorney Smith In seek ing tn have Nnn Baumann held for sentence. "The District Attorney wants to know who the real party behind these glrla is. One of them, May Qulnn. has been fined by your Honors and Is In the court room at this moment Just ns brazen as ever. When sho was convicted your Honors did not remand her because she promised to glvo to the District Attor ney Information ngalnst her employers. Well, sho told tis absolutely nothing, Nnn Butimaun, since that conviction, has been acting as clerk. If she Is lined now and sent nway sho will tell nothing." Nap Buumann will be Interrogated In the District Attorney's, office before De cember 12 as to her employers, LONG TERM FOR MRS. EDMUNDS. Woman Who Shot ttlehmnnil Prnae entor Sent to Mate- Prison. Mrs. Elizabeth Edmunds, who shot District Attorney Albert C. Kach of Richmond county In Ills private offlco In Staplcton, Stuten Island, on August IS lust nnd who pleaded guilty to a charge of iissnult In tho first degree wns sentenced yesterday by County Judge J, IlBrry Tlernnn nt Richmond, Staten Island, to not less than three years and nix months and not more thun flvn years and six months In State prison nt Auburn. After bentenco had been pronounced Mrs. Edmunds almost collapsed nnd had to be assisted back to her cell hy two deputy nherlffs, Mrs. Edmunds Is the wife of John M. Edmunds, n Manhattan dentist. She and her hiiBband have lived apart for severul years. Sho brought a criminal action for abandonment against her husband, nnd It. was because she Imag ined that Mr. Kuch had not pushed the caso with sufficient vigor that she shot the District Attorney. Each lay for weeks In nn extremely critical condition before he finally recovered. 1 jprice rom 30Q GORHAMCo. Silversmiths 5fh Av. and 36th St 17-19 Maiden. Lano mm Violins Violas, Cellos Double Basses Your Joy In pitying Ii eahineed by Uie quality of me Inurnment. Tbe following Mollnn have been letted with particular rare. A well-rounded tone of exceptional purlly characterizes each instrument: Violins Violins Violins Violins Violins ForChlldren iih.K tins). $4.00 $30.00 For Beitnnera. 95.00 $25.40 Tor Amateurs. $30.00150.00 For Profeulonali, $60.0 9150.00 Far solottta and Artists. 9200.9O9750.00 Violin Lovers are Invited to visit our Violin Warerooms where will he found a large and untqo collection of VIOMNS. VIOLAS, 'CELLOS. BASSF9. BOW8. VIOLIN WOOD, VIOLIN MAKER'S TOOLS. ROOKS ON HOW TO MAKE VIOLINS, and everything pertaining to the LLTHIKU'S APT. FREE ON REQUEST. DITSON WONDEP. BOOK NO. 1. Violin Repairing a Specialty. Telephone, Mad. Sq, :JM. Ghas. H. Ditson & Go. 8-10-12 East 34th St. SUITOR TTTT.Tfl GIRL'S COUSIN. Saloon and Rakery Orrnrr Tried to Stop Attentions. Salvatore Trlpodo was killed last night In a hallway at 326 East 107th street when ho went to warn a young man who has been paying attentions, to on? of Trlpodo's cousins tnat the suit was hopeless. The suitor, Pasquale Do. mlnlco, disappeared Immediately after the murder nnd tho police have tent out n general alarm for lilm. Trlpodo owns n saloon at S01 Kast 107th street, a bakerv on First avenue Jfcctwecn 106th and lOTth streets and Ir. reputed to be tho owner of several .ele ment houses. Ho lives, at 315 East lOTt ' t'reet. His cousin Is Hesslo Savlo, who II es with her four sisters at 323 Ivist 107th street. Doinlnlco has been courting Hersle, but she has always refused to ihjit. him. A week, ngo he tried to urge In" Into an automobile In an attempt t kidnap her, but she would not go. Then ho threatened to kill her and her wholo family unless she married him. Tho girl went to Trlpodo with 'he tale and last night Trlpod'i went t i see Doinlnlco. Tenants say that thf heard four or five yhotJ fired In Do minlco'a room, then the door slammed and Trlpodo started downstalrr. 11" had only gone one fllgh: down vh"n Domlutco followed and tired n bullet through tho top of his nktill, (My On "IROMO QUWNE," tb k Lmtiv Bromo Quinine Caret aCoM in OmVuy,ffh 3 Dtyt