The sun. [volume], January 22, 1915, Image 7

About The sun. [volume] (New York [N.Y.]) 1833-1916

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THE SUN, Fliiii j. j JANUARY 22, 1915.
EXPORTS AT BRITISH
MERCY, SAYS MOORE
EAST SIDE KEEN FOR ART?
JUST ASK JEAN WEBSTER
ACCUSES OFFICIALS
OF UNIONTOWN BANK
GOULD TELLS HOW I NEW MOVE MAY END
ALL PELL CREDITORS TO
TO PAY $25,000,000' WABASH TROUBLES: SHARE ALIKE IN ASSETS
She's Lectured There and Faced the Fire of Questions
From the Girls at the Jacob Riis Settlement, So She
Knows New Authority on American Cocktails.
Appeal May lie Made on Score
of Col. Thompson's
liinliiiity.
R.riiiiM'll,or of Sl)i(c Dcniul
inoiil Tells Convention of
irmlc Perils.
Comptroller WIlllniiiH Clmrfyesi Assures Missouri I'nelfie Proxy
Opposing rnteresii Ajrree
Joint Committee Willi
Definite Plan.
on
"KeeklcsR anil Unlnwful
Prnctiecs."
Committee June Xoles
Cnn lie Met.
I
ItAMvS A HIM)AI I'IMJKD
- .I.iii. 21 The N.itluu.il Kor
i - .indention wns called to or
ortiinu liy Alli .1. .Iitni"on, pres.
i . HhIiI win Locomotive Works.
, president of Ilia American
i en I'.xport Association.
i . i- which must be attended to
ii' menitunls of the United Htntes
'.: I foreign traile commensurate
VI
Iff..
HlSV I
u ( ir unions opportunities were em
,, ,i i.. majority of the speakers,
mi' i- i i r imistiuctlon of the Hhcrman
!,' i ii-i .u t as It applies to foreign
I 'ie other Is tile establishment of
,,, ,i . ontiolled luniks in foreign
,M i . si iitlmcnt sc'inoil favornblu to
(n t , M on taking some action looking
,,, ., it. j' ie understanding of the Slier-
T I . .1 I
1 i i .'n'iiul speaker at the first ees
ewn n i John llassctt .Moore, foimr
n, n v llor i the State Department. .Mr
M ,. .Hiki- of the "Problems of War ami
ir.cii-e
He ,, -.-cited that the negotiations be
tsr.ii tli' I nited States illlil Clliiit lllltaln
in reg ml to the right ut search of Anirr
tn - "M and cargoes coulil result In
n tl i k better than u mak-shlft ; that the.
Hi- it ieue I'oulil be settled by th"
MlHt 1 (.11 III
f ' imidlllonal I'ontr.ibanil." ami
tlie . .'operation of neutrals and helllg.r-
, n in i ! certification or cargoes: and
rut t . use of mines In the open seas anil
, ..ppittg of explosives from aircraft
nrr. i ' iti.-s which no nation Ik at llti
, ,ty in iiipetwitc
lias (.nveriiinriil iipport.
B -e'ary lledfleld of the Department of
Oniner e. whose presence is regarded as
pvlr.B ttio support Of the 1'nlted States
ioveinment to the convention, told the
n. len. t some of the things done by tho
liorrriiment since the flrist national foreign
I tide convention In Washington last May.
"There eie. no commerclnl attaches
iibroAil I "in. he said. "Now eight are
worUing at their stations and another Is
i.e , s ,i to ri-eeivo Instructions before
po u t'etrogr.id."
The tli st dttv closed with a haniiuet to
i. ght at which nearly 6Hn business men
Mire ill Alba II. Johnton. who had been
ihose'i m rmanetit chairman of the con
ceit. .m, presided as toaitntaxter. and ad
dresses were made by e-Oovernor P. IS.
V a . Jiuiies A Karroll. president of
"is I n.iiil Slates Steel Corjwrntion. and
"-of .1 W Jenks of the Miiool of com-icen-e
of Nc York University.
Tin- H'ldrvsM of Mr. Moore nttracted
considerable attention. He showed plainly
Yi' "i movement of American commerce
"da- was b grace of Ilrltlsli control of
he set. "If, instead of the naval mi
j. em.i- v -.o exercised In Its own Inter
en siul that of Us Allies by the largest
or.su in or our agricultural productions
JT'ilW lct,' f !
. ,l h." . t Z, "u u s aln os' .uinal ing to
l,u . , ,i? T J 5 l ,
;a,r..r,:;,VenrlcBeht Tl,e,1r,ers,u
K.si.o of i icn a predicament Justifies
nf givu.g to tne suoject our mM scrl
. nnsulerittion, for we tnut look to the
i it urc .i will us to the present."
"In addition to the woes arising from
.i' e r,,.. lents of the contraband question.
uf i! i omlnerce has had to meet ln re-
'l ears a r.ew obstacle potentially moie
. ii. ,' i'f rei'loi.ulv ,lev'lse,l
"i. d'Kihnrge of projectiles and explo
tri. in aircraft, which exposes men.
wunie and i hlldreif. and the strong and
' 1 e'picss alike, to Indiscriminate peril
' death and of mutilation, may be re
irirle.l as the counterpart on land of the
.( of Moat Ins mines at tea.
Calls Mines Atrocities,
"We may salcly alllrtu that the em-1
ppw'ucnt of contact mines In the open sea
foi bidden by International law. The
fas outside tenltorlal waters are the
, on ii .in i ghwny of nations, and none of
fi'in has tin- right to render the use of
t.im highway i .secure.
"Few d ij-s pass in which one does not
isal a report of the blowing up of a
nierih.uit or llshlng vessel bj contact with
in ue. as ,i ineinoii oi w.iri.irr uns
nni! Im. res.ir.le.1 an alrocltv which not
iji.oii is at liberty to perpetrate.
'The iii.utical experience of the present
w ir has shown the Importanre of expand
i it n 'he Pnlted Stites the business of
i ar ue insurance, eo that the country may
'. ..i e of wars In which It is neutral no
Pi igei lie dep-nilcnt upon th" resources
and aid of foreign companies."
Mr Farrell declared 'that one week of
'ie war had done more than 'ten years
(if ni'.nli'inlc discussion to convince the
Athenian people that foreign trade' is a
.i.il element In domestic prosperity.
"No doubt remains it hat the nation Is
eViTinrii'il to see Its foreign commerce
f .ifi guarded nnd increnswd." he said. "Dif
ferences of opinion relate only -o method
v iMrtli". and all elements are united In
l 'ir.oti- cooperation for the common end
Meanwhile the Interostb of the United
i-i.it. - ,.t sulllclent to warrant a proper
r s. fr iioutml commerce, and the
tn.t.il States, In maintaining lf trade
i is Ingli a level a a Just regard for
.iijerent interests permits, will Kcrve
"i .i-ger and permanent interests of
. "t not cngiiKed in hostilities.
' D,i'ltiiu.ii of the future, an of the
la-t w.!l be intimately concerned with
o'ii in n i,,l aggrandizement, and it Is of
v V lonsequcnce to America's future
i n" : on that advantage, be taken of tho
l ' eK. nt opportunity to exploit the prud
' s ..f A'nerlcan invention and to oh
iiM ''.i a llrm foothold In the markets of
in' w ild which neither political effort,
Tfi ileiTlmliritlon nor low price, suc-
i - fnbv can dMhill. '
WHEAT JUMPS, DROPS
mi mi I of lirnl
HxelmiiEes Holds
Mi n on I .Mc.'iiim. j
Jan. 21 Wheat Jumped to j
1
.1 bushel ro. May delivery on the 1
1.1 Tn.de to-day. again boating its !
ii'ijid It opened lit 1 . 4 3 -I , . nnd
1 lie li'gh price was reached tended
1 1 .it 1 43a.
tl. h was going on wheat eugenics
. ..is of ilieHpetiing blend while
i'ng ' noinioiis prollts for the fatmci'l
.... .. niM-ir...,J I..- ii.,-. m.n ,.r. I
I c lllustriitml bv lici t Hull, secre
"f 1 In- top iiiipinvemciit commlltce
i'"uiuil of Oiiiiti IlMiianges, which
1 11 sixth annual meeting In the
He predicted that the 1915
mild hiiiiw an increase of L'u.OQO.ouO
1 over that of i'j4 lie recom-
-I mritln it w heat troni n single prlmo
H i.uniW tree' as a means of re
1 ik former wheat regions now abi.n-
I t ,itln r cereal v.
-MERICANS LEAD IN LONDON.
.Mini, i-Is Itrlg lilrilrd I Iij llenill ml
for .Seeiirllies of the t ,
' omkis, Jan. II - Tho Ameiican le
1 1 unit was again tho bright spot In the
n .ii'eis to-day. Huslness in this quarter
u.oadci.eii out considerably and higher
P ics mted. Steels and -UrhisoiiH weie
l' ril 1. ry C'atindl.ui I'aclllc was Also
iv d'.ilt Iu, biit rlooea about u point
' ' nun 1I10 best price.
1 -nviiere trading was fnorii niodciate
v.--1 1111 nt demand ciuttinurs ami
"igi I securities are gencrallv utoady
ie .ni, and other domestic bhares did
'i aiinca weie iiaid.
Miss (uml Playwright) .lean Webster of
Vnssar mid Ilro.idway says that she otten
has wondered how much exaggeration,
iivcrenthuslastii, at least, thole wns In
the asstrtiou of l:er Vassar eep.lenient
worklnn friends that the. itast Hldo mn
nnd women, boss and girls, are chron
ically nthlrst for knowledge on all sub
jects, especially knowledge of I lie arts,
These friends a few days nao nsked
Miss Webster to talk to an audience of
working girls at the Jacob Hlla Settle
ment about her own play, "Daddy Long
Legs," or about playwrlghtlng or any
other subject connected with the drama.
Once Miss Webster had finished her talk
to the working girls, however, and her
audience had begun to heckle her, she
f.ijs she lust alt doubts about the K.ist
Side's Interest In art.
Despite the attention she leeeHed dur
Inn her talk Miss Webster still retained
the doubts during ihe lecluie proper. Ily
supreme mental effort Miss Webster u
trained from dwolllnx to any extent upon
her "Daddy Mng-lrfgs,'' She p.ild h trib
ute to the Htar of the piece. Miss Until
fhatirrtou, but necr once did sin add.
"Now playing at the (Julely Theatie, Tel
ephone llryant two-one-oh, matinees
WtdnesdajH and Saturday."
Instead, Miss Webster spoke on the
playwright's teclinliiie. Then lit the first,
word of her announcement that the would
ie glad to hear from any girl pieenl who
had nny questions to ask about the plium.
of Ihe drama undei disiilfsloii .here was
a flutter of excitement, and four girls
tried to get the floor pilvllege simultane
ously As she saw huw deadly in eat nest thev
weie about firing questions, fioin all iner
Ihii assembly room, Mls Whter snvs
she was tremendously Impres-ed and
pleased with the all pervading tluist tor
art knowledge. Willi smiling expostula
tions Miss Webster ttnally got n semblance
of order uml "lecognlr.cd" mi Insistent
oung person who had been trying to
drown out all others.
"Now, one at ,t lime, ploase!" cried
Miss Webster ltec.ill'e of the great in
terest In the drama you are showing I
shall gladl tii heie all night If neoes
sary to answer ou and shall draw tiKin
whatever knowledge I may. or may not,
have about the theatre for out benefit.
Now, young lady In the third row, what Is
not ytt elenr to you?
"Does," begun the girl, gasping with
cxclteuii'iit. "does Miss Cliatterlon wear
"That's my question:" cried two other
girls at the te.ii of the room wltheiiiigly
"I asked it tlrst." snapped the girl in the
third tow. "I "
"One minute! One minute, please !" said
Miss Webster oommauilingly
Vis, she assured the questioner, Miss
Chattertou wears her own hair, on and
off. When the ripple of excited discussion
that followed the settling of this question
had died down a bit Miss Webster "tecog-
' thVr heckieVs In tm n brie
1,orw,f a,,J -xt,cft,nB '" ,looml at uni
mlmitf by some quest for Information
."11
i stract matter that Itroadway doesn
pay a lot of attention to, but which, on
the wold of Miss Webstei's settlement
wotklng friends, the Hast Side Is posi
tively ravenous about
"1h Miss Chatterton's hair dyed came
next.
"Certainly not," answered Miss Webster
a bit severely "Miss Ohatterton inherits
that sniiiie ot hair fiom net inoiiin "
What's Miss Chatterton's real name?"
"Her father's ie.il name Is Mr. Chatter
ton, her mother s Mrs. Chattertou," an
swered M m Wi'bter. "and therefore I
gather that Miss Chatterton's real name Is
Miss Piiatterton."
A tall, high biowed t oung woman arose
and peered Intently thiough thick lensed
spectacles at Miss Webster to ask the
lait question. Now, felt the playwilght.
It's tomlng. no ft Ivollty heie. And she
had guessed right
" desire to know." began the spec
tacled young woman imprcsshrh-, "Just
one thing about the Mage. I am em
ployed In a well known Fifth menus
dressmaking establishment. lo . on
happen to know whether in not Miss
Chattertou bought the pink charnieuse
,.. h u ,m In i,nr ntnv with the
S0" 9he nC',ra t,Ur VU l"'
TAFT SAYS BUSINESS
HAS BEEN OVERDOSED
Declares That Keniclic Have I
lAcecded (lie Hounds of
Wise Modern lion.
ni.ooMlNUTOtf. Ind., Jan. "1. Kx-Piesl-dent
Taft, In an address it the celebra
tion of the nlnety-firth ann.vwsary of
Indiana ITnlverslty declared to-dny tlrat
business corporations havo hod an over
doer of lemedlea and thut ihe peopl"
khould return In wise moderation mid
Justlrr- in dealing with buslne.
We need not 20 Kirk to the rondltlrns
that led lo the great reforms and we shall
not do so," said Mr. Tafl. "Corporations
have been driven out of politics, and wlwl,
of course, corruption is not ever absent,
the danger of plutocracy has disappeared
nnd the purification of politic has consti
tuted real reform, for which all good
c.tl-ens must be .Traleful.
"Popular Indignation cannot be really
arouned or tho leviathan of the prple bo
Hlineu lo aoiiun. eucn . -
.... . ,. .... !,- I. ...... 11,11.
1 taken, and stopped sport at me tine ,u
modeiatton. 1'hxI of tho costs of
,,, nl.iinal disease Is in the Incidental
, " , ..., .1.1.. -.e-n- nf
'' 'rom tne -"l''u'e rWM r
remedies
"The hostlllb of legislatures and Con -
gtess, cotisclouslv or unconsciously, has
,, .. ...1
...,,,..,,, r ..,.i without disctimlna-
' ' VrM 1 1 1 1 t h io 1 1 nil rl Vi h c-1 tit 11 1 uml
t-lon Nothing Is so tltnui as c.ipttiii, aim
come to tie turecieu nguinsi 1111 nunrwiui
.L. , . . .uiu. nKin mi,. ,,f
ni t'u As
"The 1 mulisltorlal nagging character of
the T owe s o coninZmus crated 'foj
U e close supervision of corporate actlvl-
Ilea have Jo frightened capital as to
shrink Investments and stop the normal
cxputition o ftlio bua;ness or tne country
"The sad feature of such excess of
remedy," continued Mr. Taft, ''however
well likened, Is that the persons who
suffer most are the least able to bear
sufl'etlng the wage earners, whose com
fort and living lire dependent upon con
stant cmploynii-nt.
i-i. ..!fir..t,i,.i,, ilefeinled .he railroads
by Baying that the close nn.l wnun
supeivlslon over the management ami the
restriction upon tho rates, together with
tho IncieiiHe or maintenance 'or wages "mi f"" 'iiiwim. . i" immiru unci una 1
thiough tho power of trade unions, have ' step will bo taken shortly. The ofllces
ground the railroads between the upper are generally of 11 purely commercial nn
and nether millstones and prevented a Hue and the directors of the company j
fair leturn upon tho:r capltul.
The solvency or some of them Is
threatened," lie added "and all this lo the, when they are not doing business ;
detriment of tho business of the country. Nothing oitniul has been received rr
and especially to tho cor.. fort and happl- gnrding the rcpor' from .Mexico that Vllln (
uesH of wago earners, dependent upon was to move tho hcadiuurter of the Nn-,
normal business and normal demand for.tlonal Itnllwnvs fiom Muxico city to Chi-1
laLor." jhuahua or Torieon. 1
sleeves already In or did she have the
sleeves added later In our establishment
liiey say the gown as originally designed '
was sleeveless, nnd l don't believe It."
.Mis Webster hud to make the ehnme-,
fared admission that she didn't know
WuepMn,,
i h .LI. n .
went awny then feeling somehow that as
an eiillghtener on high art she had not
been an absolutely sure lire xuccets,
Mrs Ornnvllle ll.irker was Induced, as
alt suiting Kugllsh folk always are In
duced ut the first American luncheon or
dinner after their arrival here, to xuni
pie tlie great American cocktail. Mis.
Ilarker sipped a Ilronx, tiled to conceal
wi i . ii i 'ni t .u sampling
thenatloii.il -nfler. Hut .Mm. ilarker
does pride .. ' tipon tho Knowledge
of at least tlv i lines of our cocktails.
etctday (irauvllle and Mrs. Ilurktr
bad a friend to luncheon at the Astor. 1
U.vsters on the half hell Hern decided '
ution and then Mrs. ll.irker .i,i.,,k.
called with pride her hew knowledge 0f
cocktail nomenclature when the waltec
asked whether or not the ovsters wete to
be sered plain or as an o'jster cocktail. ,
"Oh. .es, llnrl-y.'' said Mrs. llrnn
vllle, Hurley being her n.tme for the
eminent 'Irauvllle. "will ou have an
oyster cocktail or a Ilronx'.'"
Voitrig Charley lltu nhutii. ittblicet man
fur Jenny 1.1 nil until advancing ears
meed 111 i n to se'tle mi Hro,ulway a man
V iP . ri.
wlwii It vasi
opered Charley Is Hlsn president of the
I heit'i ,.! .M.n.iKen T.' Mansint Cnlon
and theiefore spo.iks uiithorltiith'cly--sis
there Is no truth In a llroadwa. s:ory
that when Wallack's Is torn down In- will
atyept a jioslilon fiom Wanicn Thomas
Molt Osborne as houe manager of the
Sing Sing theatre.
There Is said to be truth in the story,
howevet, that Warden Osborne will be
eluti'd u member of the Th-atilcal Man
agers Association at Us next meeting
.
Uesides a first magnitude Mar in the per
son of Miss llthel llarrymore. tneie wlll
be stellar brilliancy even In the supporting
can when Mls llarrymore piesents "The
Shudow" at the Mmplre Thcitre next Mon
day night. Playing with .Miss Hariymore
wlll be MM Orace lllllson. who even If
her name was not In electric lluhts during
tne tun oi rue l.lnli uml tne .Minle was
the real suit of that successful play.
Tliey'ie t.tlklnx only high art around tho
Keith otllces these da, or eer since the
olllce leutned yesterday aftetnoon that
when those noted diamn upllfter. Maurice
and Miss Floreme Walton, appear at the
Panne next Monday they wlll dance sur
rounded on three sides by a stage seeing
bv I.eon Itnkst
"Itakst first eased over pardon me
that Is to sa. Ilakst first sent over." said
Mr. Walter Klnitsley yesterday, "a design
of violet desert all smeared up with I
mean relieved with sunset lined. We
canned, we sent the design back, I should
say. continued Mr. Kingsley, throwing
back over his shoulder a flap ot the
rharleshenrvmrluei- rape coat he bought
late esterday afternoon.
"Uaknt next sent designs for a silver
gray and purple scheme, which is a
Inllapalooe In every an exquisite ex
ample, rather, of the great Itussian stuge
colorlst's ait The design has been
worked out ii (lie lisiuii ut, MdiCl fXuTT!
the Ilakst sketches. Hundreds of yards
of specially woven tusv.th silk will hang
In a cjclorania iurc, the upper half
decotaleil with brllllatr. designs and the
lower half silver grav. The stage wlll
he covered with a great purple carpet
wovm to older fiom a speii.il design,
oine class, kid what?'1
Furthermore, Iady Duff fiordon. who
designed Miss Walton's gowns, and the
Harmless, de Meyer will give box parties
ai the P.il.'u e on Monday night. Others
who have reserved boxes for the Maurice
Walton pieintere are Klinor (llyn, Fred
erick Prince of Hoston, Mrs. John A.
lllaik and Mrs Julius Walsh of Kt. Louis,
who has ulo reserved the entire front
row of Palace orchestra seats.
SLEUTH FOUND ASLEEP
ON SMUGGLED OPIUM
Hal Union- Custom Inspector
Blissfully Ignorant I ntil
Xew Yorkers Wake Him.
Customs Inspector A. O. Hokensou ar
rived yesleiday from Jlaltlinore with 300
tins of refined opium, taken from the
llrltleh steamship Vedamore, and a story
of how he and his .Manhattan aids Imp-
j petted to get them
: The customs men of H.Utlmorei ate not
quite mi swift as tho'e hereabout. Ono
lnr the lialtlmoreans w.ih assigned to sit
on a lurrel labelled "Unseed oil" and look
out for smugglers ot 'opium supposad to
bn among the crew of the Ilrltlsh
freighter. Ho sat for ten hours on the
barrel "In the port nlley ot the par deck"
and meditated on the sinfulness of smug
gling.
Meanwhile Hokenson of .Manhattan and
his assistant sleuths went aboard tho
Vedamorn and Investigated the ship's car
penter, Olsen, and Chris, the lamp trim
mer. Olscn and Chris conressea that they
had brought In the opium, A few minutes
later tho jiaitimore sieutn on xne parrel.
possibly uffected by opium absorbed, was
awakened from his dream by tho man-
d.itory volco of Hokeimon: "Get up, you'ro
slttlng on the opium!"
They opened the barrel and found the
I Iftft tins. The flnltlmnre Insnentni' sstil
i , 7, ,.. , -i"
I '"' l'ouU1 not ne,n lt; "' 3""l,1' ' Mken
" t,lc "--Hve through his pores. Tho
, , trimmer were
' carpenier ami inn 11111111 iriiunier wero
i"el1 ' tl" ultea 8ti,,M Commissioner
at HMtlmore for bringing In opium,
I rveyor Itush has 750 llns of opium
l,ls I"" ,nml everybody In tho
(Custom - Pretly sleepy now-
MAY CLOSE USELESS OFFICES.
Nnllonnl Itiillvvnjs of Vleilco l.ll.rly
to Mint I i i'liose In I'our Clllcs,
While no official advices have lionn re-
colvcd at tho New York otllces of the Na-
' r n ."i in",... ,.,. be made forthwith"
reporieo closing 01 inn company s otiicei
In Kt. Louis, New Orleans, Han Antonio ,
do not trel that they would be rerving
, 'ts best interest ny Keeping mem open ,
Tit IK I) TO AVKHT FA I 11' UK
a.
wamiinciton, .inn. i narges or iaw
breaking by persons responsible for the!
f l" NnWonal llk of !
tlnlomo"-!. I'a.. which closed Its doors j
lut week, are contained In a statement j
Issued by ( omutroller or tne currency
WUllams to-night. Her. Is the Com.Kro.-,
ler statement :
In the snrllig of HI, soon after the,
beginning of the present Administration,
.i ., . ,i ,...n..,.
the acting Comptroller of the Currenc).
Mr. Kane, brought to my attention as the
Assistant .Secretary of the Treasury In
charge of n.eat bureaus the matter of '.he
c arge or n.cal bureaus ma"'r OI ne
Urst National Ilank of t'nlontown, I a.
"1 found that the situation was a serious
one and ptomptly made a seaichlng In-
...,(in t. i, ,nndl Ions and man-
''"" Its tondl. Ions ami man
augment. I found that the bank was con-
'picuously a 'one man bank' dominated t
and run by .1. V. Thompson, prominent as
CojI onerator and dealer In coal lauds ,
In Penti'.uvanla.
"An examination b a national bank
examiner iu April. I!'I3, showed that the
I..,. i, , i,i,..,i i,i of itnuoOft and a
bank ilalmed u ciipiial or in.gu anil
-..-..I... t.t 1 r.1 lulu Ilia ,li.,,iilla tilimllllt-
111? to J2.fiSli.000. The examiner reported,
hnwier, that dlrei't and Indliea loans to
the pies, dent of the bank. J V. Thomp
son, aggregated S1.2JT.OO0 and that, In
liddlllon to this, the bank had discounted
ddl;.on to this, the bank ...iu n
paper in priK-eeus m i. .. ""? ' 'J" my citoice. and 1 am glad the present nun-1 r,e a i.--rgnntitlon could b. attempted
to Mr '1 hompson foi J 12(i.UO0 add lia,.,ent has been able to carry the ptop- At langiinents to meet one vf the bei.M.-t
making the total dltect nnd Indirect loans fHy ,moURl thr nilctilt times of the last, of the olillgnt.ons of the mail soon ma
to Mr. Thompson und his Immediate In- f,.w J(.U ,,M.t.lay la,t .tuno. when Ihe'turlng lo nn eiiulpment trttt ate expected
teiets l,al7,000. or moie than one-nair noU.M nrra without the payinent'to he compMist soon. .Substantial prog-
of the entire deposits o. he lianl;. j l)f ,lllv ,.oininlsiii " icsm was a:o made In the matter of
"Purthermore, It appealed that tnee , The statement was Issued aft r a meotlng j finanring the Interest pnmnt falling due
direct and Indirect loans to .Mr. Tnotnp- uf t,e ,recturs of the .Missouri Pacific, a. ion the III.OWI.OOO second mortgage ImiiIh
on had been running; at approximately I ,,,4.h Kcbruary tf was set as the date lfou lel)ruar I.
$1,000,000 or more ten times the bank's record for stockholders entitled to vote it: The earnings of the luiliuadt ln Ontial
capP.nl during the preceding ten ears I annual meeting on March 9. ( Fiels.li; AtfiM-lutlon tniltniy. partlculaih
mil that such efrort, ir nny, inai raignt
have been made bv the Comptrollers
otllce to require him to obey the law nnd
conform to the reflation of the ofllce
had been apparently fruitless.
"Mr Thompson and several otlier offi
cers of the bank were required to come
to Washington, and the condition or the
bank was discussed with the Secretary
of the Treasuiy. the Assistant Sectetary
!n chaige ot Usual 'bureaus and the
Acting Comptl oiler of the Cutrency. and
energetic measures vvere adopted to save
the situation and protect the Interests of
the bank's depositors.
"As a result of these efleils. wnun
have been unremitting duilng the past
eighteen month', the bank was made to
t educe tlie loans upon which Mr.
Thompson was either maker or guai
antor from $1,:27.000 In April, inn,
to tnS.OOO !n August, 1914.
".Meanwhile other rerklsss and unlaw
ful practices which had been In foi re,
for a perlol of ean were stopped; the
depositor' were enabled to collect from
the bank SI. 318,000 of the J2.i!Si,000 he'd
In April, 1913, so that the total deposit
liabilities at the time of the failure had
been reduced to J1.X7I.O00. and the loans
to Mr Thompson on his direct paper nnd
lttdoisments, as appear at the present
time, to approximately J100.000.
"There prr.bably has been no bank In
the rountrv which has received cloe- r.t
irfiliun from tho Ccw?tro!!r' onire for
tho pat eighteen months than the Vlrst
National llank of Unlontown Had It not
been for thee earnest and diligent ef
forts of this onice the Jl. 3111,000 of de
posits, paid eft since Apill, 1913, might
now be tied up or dissipated and the
Jl. 31, 000 of deposits at the time of the
doling ot the bank, and which there Is
leason to hope will be eventually pa'd In
full, would also have been JropariU'd"
OTHER COMPANIES FAIL.
Iteeelvers Sniin-d fur CoUe Cnnirru
mid Subsidiary.
PniuNToWn. Pa, Jar. 21 Heceiveis
were named by Judge J. Q. Van Swear
Ingeti this afternoon for the Tower Hill
Connetlsvllle Coke Company, a large In
dependent concern operating two plants In
Fayette oounty, and a subsidiary, the
Tower Hill Supply Company. The re-
elverships are attributed directly to the
failure of Jo.ilnh Thompson's bank, the
First Natlouul.
The assets of the coke company are
$3,500,000 and its liabilities $3,0(10,000.
The liabilities of the supply company are
$411,000 and tho assets $ 1 "0,000.
Itereivers named for both concerns are
I.. W Fogg, n. H. Harali and John Thomp
son THOMPSON IN NEW YORK.
III! llUel
Seek. .Money lo Tide
Over Dllllcilltles,
Illlil
Jorlah V. Thompson, head of the I'll b I
National of Cnlontown, who accepted vol
untary receivership on January 19, ar
rived In New Voik jrstetday morning
with IiIb attorneys. The object of tho
visit Is to raise money whereby Mr
Thompson, reputed to be tho largest In
dependent coal man In the country, may
be telleved of Ills dlfllcultles.
Mr. Thompson and his attorneys were
nt the Waldorf all day in conference with
men said to represent n syndicate of coal
men who may be willing to take over
enough of Iris property uml to advance
enough money to tldo hlni ovet. All weie
so busy that nono could fee reporters.
There was an Intimation that some
announcement might be made to-day.
ASSETS COMPANY HAS NEW PLAN.
Voti'bnlilers Asked to KicliniiKe
Some Securities for Property,
The noteholders' committee of the As
sets iteallintlon Company, which Is com
posed of Albert II. Wlggln, Hamuel Mc
Itoberts and Walter T. Rouen, has sent
lout to tho holders of the 6 per cent, notes
I a ropy (if a report made by (I XI, .
Murphy, vice-president or the company.
In which he suggests that security hold
ers might be willing to oxchnnge a por
tion or all of their notes for properties
of the company. It Is now practically
Impossible to push the snle of the com
pany's properties except at a great sacri
lice. Owm; to the fact Ihat the semi-annual
Interest payment of the company calls for
1150,000 It Is necessary to keep a con
siderable amount of cash on hand and
is the best properties of the company are
sold It will be Increasingly difficult to
meet this payment The committee agrees
with Mr. Murphy's views, nnd adds; "If
the judgment of the creditors coincides
witli our own a further distribution on
account of claims of approximately S100,-
Tho Shop that Sella
"STANDARD" DESKS is busy.
WHY? Ask
Charles E. Matthews
"Ihe llrtk Man,"
31-33 E. 28th Street, N. Y.
"Our lervire counts lull dues not eo'.l "
IS MI'TF OX KXTKXSIONllloiMIFri, OFTLOOIC SHKX
tieoige .1 (lould. chairman of the boaul1
of the Missouri Pacific P.alltoad, In a I
staletnent yestetday explaining 1.1s attl
tude toward the proxy committee formed
to take the management of tho road out or
ms nanus, sain inai no wuum im ui.m iu
have the new IntereMs manage the prop-
erty If Ihe stockholders wanted them. IM
made It clear that he looked for the pay-
menl of the 25,O00,nno notes, due on
June I '
'
. omni.llee in ts st.temeiit on :
Iiiesdaj had Intimated to Mr. (lould ,
'"at the extending for unolher J ear of lite
SS.I.i.ilO.OOU note, whs one of the conditions
utllcr wllleh ,e r.0f gunliatlon of the Mis-
soun Paclllc would be undii lukun. Mativ
these notes are held by the (lould.
i na e seen itie can lor pioxies issueu
, SUrrril ,lrlll.,h,, ,-, ,.ros!0!., vs-n.
Hlll vitulr,M says Mr. (lould In tu-
ply, "anil a far us 1 peri-onally am on-
emeu snail be glad, ir tlie stockholders so
''' "" "'TT JC'dlemen assume re-;
I'liunsiuiiiues which iiij iiiiiiuy aim in-
,,f nave i-arrled for so many ye.ns.
'With the money which three of the
.argest -truM companies and two of our
reaiest banking liiius-h can piovldti (lie
u,,,t ,.. Uava ...
, . ... .. .. . I
nimble in paying Its J'-"i.OtU.onn of notes ,
next June. I portunlty to the Wabash, which of all ;he
"I am particularly gratified with thei j'.astern rnilto.ids has been the mot serl
.'jiiiiiilttee's npproal of Mr. Hush's opera-1 ourly affected In tuning
!!on of the nrniier'i 1 felt when I e-i liiMHirtnnt mogies was made lHeiiiuy
eiv'd lihn four jears ago In the face ofim nr.f t'.cnlly clearing up prellntlnn' ob -
,,,,., 01,1)0,tlon-.,a, Ume wul(, justify
BROKERS OFFER COMPROMISE.
I', I'lerson, Jr., .1 Co, Wlll I'HJ r.O
Cents on llollnr Cnsli,
I F Piersou. Jr. ,t Co. slock brokers
of 71 Ilroadwav, have submitted nn offer
ot conqiosltlon to their creditors of SO
cut on the dollar cash and Judge Hand
has sent the matter to Peter II. Olncy,
referee, of 68 William street. It Is said
that already seventy creditors have ac
ci pted the offer.
Sc.ii'dules of the firm were filed yester
day showing liabilities J7SO.OS7 and as
sets JIC0.C37, ,ai follows: Seat on the
New Yoik Stock Kxchauge, J37.000; ac
counts, JlZ.flS'J: equities on stock loans.
JiiO.718. slocks and bonds, lis 770; cash
In bank, J1.03',; cash on hand, J373, and
fixtures, JtiSO,
While the liabilities appear to be much
lanret thnu heretofore reported. Martin
C Ansorge, attorney for the firm, ex
plained thin by saying that S.10S.03H Is
secured; there is an equity of JC0.71S In
the collateral, nnd a. claim of (Jen J. V,
Piersou for J28S.0J3 is disputed as not
a liability of the firm. This claim will
be waived If the composition Is accepted
bv the creditors. Thus the actual nubil
ities would be reduced to about J1S4.000,
Among the creditors of the firm are:
O. n. Hall, JSyOO; W. T Hardy, JU.xOfi,
ann T. X. McCrcuie, it, 310. Amour; (he
customers of the Mrni mentioned In the
accounts were- Jesse Llvermore. $4,495;
It. Dalngerlleld. J1.879; Pierre Ixirillard,
Jr.. of Tuxedo. J109, and Miss Ida Piper,
Jl.O.'iG
J. F. Plerson. Jr. has Individual lia
bilities of J 15,72.1 and assets of J4.ir.ri,
consisting of 500 shares of Flint Hydro I
Airship Company, S 1.000 ; 100 shares of
McNutt Can Company: no value; notes of,
that company, J4S5: account due from the '
same company, J2.C53, and cash In Jmnk
J17. '
CAMBRIA DIVIDEND DECLARED.
Distribution In .Scrip slmllnr to
Thnt Three Month .io.
The directors of the Cambria Steel Com
puny have declared a quarterly dividend
nt tho rate of 1 1; per rent, pajable In
scrip, February 15, on stock of record Jan
uary 30. The scrip Is dated February 13
nnd Is redeemable In cash nt the end of
two years, with Interest nt the rate of 5
per cent, per annum. Three months aRo
a quatieily dividend In scrip at the same
rate nnd with the same maturity was de
clared, beating similar Interest and re
demption terms.
The directors of the company Itsued the
following statement after their meeting:
"The earnings upon the capital stock
of ivhe company for the year 1914 were
4.30 per cent., as against 13.8 per cent. In
1913. Owing to the large surplus as well
as the Improved outlook for business the
board of directors has declnred tho regu
lar quarterly dividend of 14 per cent.,
payable February 15, making a total of
5 per cent, for the year
"The company made large peinlltures
for Improvements and Increase -In Inven
tory during 1914, and In order to consetve
its eawh the dividend was declared pay
able In scrip redeemable In two years,
bearing 5 per cent. Interest, pa.vable an
nually."
In Next Sunday's Sun
How Warsaw Was Saved to the Russians
Perceval Gibbon tells the story of Rukloff, the railroad genius who made it
possible for the Russians to rush troops to the threatened city, thereby sav
ing it from the Germans.
Germany's Spirit During War Times
Edward Eyre Hunt, who made a journey through the country recently, de
scribes the scenes in Berlin and other cities.
Our Fighting Fleet Making Up for Lost Time
Admiral Fletcher will whip his men and ships into a high state of efficiency
during the manoeuvres at Guantanamo Bay. There are several things in the
story concerning our jackies that make interesting reading.
Bell Music of Belgium Stilled by German Shells
William Gorham Rice tells of the many famous towers that once delighted
the visitor, but which are now destroyed by the necessities of war. He tells
you all about the carillon playing of the old countries.
Watson, the Burglar Who Came Back
Peter Clarke MacFarlane recites the experiences of a man who had sunk to
the dregs, and who, after a hard fought battle, succeeded in making his way
out of the pit. There is a woman in the case and it is not fiction.
ORDER YOUR COPY TO-DAY
An iinpoi t.mt step towaid leinovlng the
Wabash Railroad from lis three year long
XIr.!. "itn 11
.,.rrft Committee nnd the Wallace oom-
mltlre, which lime up to this time been
uimi,,ci,-i, n-, i ,-,i i v,,.niH i'i'i""n min'
rt'L'X'tir."..'", '.rthe"'
per
Z 'Tid Joined
entrnl
Interests
ttiruuKh the selection of u Joint coin
mlltee. ...
All the members of tli.s new committee
, , .eleited. It Is to he
X' ;,1 V,f
nc)l )f ,.,,,,, v0 (.,mm,ui(.rB U
nmieralnod that Kulm. l.oeb & Co.,
wll ,,,, .,p ,)f )itrRMll ,crMts In
,p ), wlll .., ln frl,.n,lv and nd-
. ilirv llmjlinn ttiti, ,u. eornnilttee. and
t a repi eseutatlve of the llttil may be-
,.cime s member or the . ommlttee
Tl .,.... of ..,.. ,.,,lU ., tl, rf.
organisation, i-oiisldeied one of the two or
thiee most ttoilhWome tangles In the fl-
uaticlal situation, is regarded as one of the
m0st emouraglng slmis not only of r-
turneil nn.uici.ll sitengin. out or a gieni
Innnoreiiient In the economic and Indu-
tiiul outlook. The woik wss taken up
n!1 t)lc suggestion of a meinbei of one of
,,e committees who saw In the lncraeil
,,,, .ni.i l.v th. ini,r.i.n,
- . . m
ruiiunei re Cominlsion the tetuin of on
ligations that confronted the t
tutl'o.nl he-
- hose of the Wabash, have tnken n turn
for the better. The plight of these roads
huh iicogtnzeil by the Interstate Com
nieice Commission as the most svrlous tit
all the llasteru roads and sp-clnl aid was
g-anted to them in the August decision, as
well as In the reent favorable decision.
Itnorgar.lzatlon of the Wnbash was end
denlv halted lat fall, before the latest
deilslon granting the 5 per tent, advance
had been handed down, becuuse of the
low enrnltigs of the road. Walush In
terests now feel that the future is hopeful
The nerds of the property foi new
capital are now tet nt J27.000.O00, as
against the $30,000,000 mentioned in pievi
oils reorganization plans The reoigan
Izers propose to raise this monev In such
,v way that assessments will be fts little
burdensome as possible The 4 pr cent,
refunding bond certificates, which on
Thursday sold at 19, the lowest jKunt III
their hls'ot.v, yesterday sold at 23',. rlos.
tng at 22. Wabash stocks weie stronser
Henry Customs lleeelpls.
A great fleet of storm belated freighters
swelled the total receipts for duties at
the Custom House on Wednesday nnd
yesterday much above the normal even
In the prosperous davs of Importing be
fore the war. Tho total receipts on
Wednesday were JC97.471.27. of which
170.925.4S was for merchandise with
drawn fiom bonded warehouses and J52I',.
545.79 for recent Importations. The totul
reveipls ,rnlrlda TS'CM tT'C'l'. 2? ''.
which J2C7.1S7 90 was for merchnndis
withdrawn from bonded warehouses and
$4t9.C23.39 for lerent Importations
1! IHM"i Cotirttuav and 7.1' CaUtU in
1.11(1 1'ii'iiU In
i finer c tfr
DISTINCTLY 11 PLEASURE!
In the WooiniiiKilnle (ill's are two
recent letters. We wish you coulil read
them.
The Jinl letter rails us names. Cour
teously, of i-ourse hut pointedly.
We had fronmtd this and thme
that.
The matter was looked up. The mis -
take was ours. Certainly we owed
npolocy and reparation. i
Ve apologized frankly ainl ur nutdr '
171W.
The .vrom letter ends- "I thank you
vtnj much for your courtesy and wish
you every success,"
Mistakes will happen. Hut there 1
was never anyone anywhere mo ready t
to remedy them as ue are. .
r, . , o59th to GOth St.
UfOOfffflUUieOLex. to 3d Ave.,
i
The composition plan by which th.i
Cotton Kxchauge creditors of 8. It, P.
Pell & Co. wens lo bo reimbursed on th
basis of 9 cents on a pound uid Ihe re
mainder of the creditors to take pot luck
In the no rata distribution of what was
left over fuil'il yesterday heforo JudeT
AuRUttifl N. Hand of the United States
District Court.
After this feature of the plan was
struck nut Judge Hand approved the of
f r of iontosltlon under which nil th
creditors nro lo sha-e pro rats, In the
proceeds of Ihe assets, vvlilcil .ire to he
turned over to Trustee Joint W. J.iv
for collection, liquidation nnd distribution
io those holding participation certificates
Issued Id nil approved oredltors.
Col. Robert M. Thompson, special part
ner in tlf llrm and father-in-law of
."lephcti II P Pell, the senior member,
agrees tluullv to waive his claim of about
$3,500,(110 ,'iR.ilnst Ihe linn. In r-tum
lie Is lo icielve JCOu.Oon worth of se
em !tne w blili, wl:h other stocks and
bonds owned bv bin', were pledgd bv
the firm for loans .The remainder of the
securities wer- sold to satisfy the loans.
The opiHM-lllon to the plan to pay th
Cotton Kxchatme creditors 9 rents n pound
tune from Phelan lteale of 2 Willi
:"iet, attorney fur some of Ihe othei
credilots In Iding $85,000 worth of claims,
lie said that It was merely n scheme to
discriminate In favor of the cotton ciedl
tors, who hold the bulk of the claims.
Mr Ileal- is awaiting Instructions from
his clients whether he shall appeal from
Judito Hand's apptoval of the rest of
the siheine. Mr Il-ale contends that
Col. ThomiiHon was n getural. not a spe-
iial
iiiitiier n the concern mm is mre-
i fete ol.ligal 'I lor more mini mr ....,
nf the rlalin watveu uy nun , aim m'
Hie couit bad no Juilsiltfillon to approve
the plan. Inasmuch as It was not a com
position but nit otillna'y admlnlstintloii
of i.nnkruptcv eMate
BROKERS' INSURANCE CHEAPER.
r Mui'l. Ilielmime llnle Snres
Cni'li Member "Kin n Yenr.
s a retail, of an amendment to the con
stl'ti'ii oit of tlie New York Stock Kx
change, winch went Into effect yesterday,
the cost to the members of the special
life instil mice they receive from the Stock
Uxchanje will be reduced uy atioui smi
annually. The aniendinen' affects the dis
tribution or tlie net income oi me gra
tuity fund.
Thiough the gratuuv fund the Stock K-
nhange pays to the heirs of each member
$10,000. Tills sum is suuscnneu ny me
other menibeis. eaiii paying $10 Into th
rrv.ulty fund when a fellow member dies.
As there are 1.100 members, and only $10..
flOO is paid out each time, the fund has
grown constantly. It now amounts to
more than $ 1.500.000 and th net Income Is
about Si',.1.000 n year
Heretofore the constitution provided
that the surplus revenue's of the fund
could only be distributed to tho members
In case the number of deaths exceeded
fifteen in any one year. Inasmuch us In
the last ten years theie have been onlv
two years when the deaths exceeded
fifteen, the members have not benefited
from this provision
I'nder ihe amendment the surplus In
come of the fund will be distributed among
the titembets as an offset to their other
dues, independent nt the number of deaths
thai occur The cost of Insurance to the
members will thus be reduced by th
anioutv. of surplus net Income of the fund.
AltT l.i:- M t:IIIIIITKINS.
By Public Auction
f TO-DAY (FRIDAY)
& TO-MORROW 1SATURDAV1
l Ml V IN
Silo's Fifth Ave.
Art Galleries,
slit Klfth Ave .
AND
! SAint '5th Si .
Mi Jnmes l Slln.
Auctioneer
n eiqutslle inllecltlin of pslrl
rlun nrl Hint nil less evlgenrles than
lline of I lie iire-enl wsr could have
reiniiveit rrniu their historic entonr
sue Part of the Superb
Purnishmeiits from
Chateau d'Aigneaux,
I M.V VIHIS. nt ..Nti.
Iij older ot
Mme. La Vicomlesie d'Aigneaiu
Rare and Surpassingly Lovely
French Renaissance
j J anfJ Ohhfr Tanf ri
ana cner 1 apeSlTieS
of Ihe Willi. Wllth snil AVIIIIh
lent uries
Period Furniture in Needlework
Renaissance Velvets, Textiles,
Brocades and Objets d Art
tliHt represent the highest
rli lies! materials nf Ihe s
periods. Ini hiding several peculiarly
line specimens in rem i-nini
woven tiipettr..
Ai
r
arl and 1
real art c
arlr
and
1
I!