Newspaper Page Text
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!