The sun. [volume], June 25, 1915, Page 7, Image 7

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

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500 CREDITORS
VOTE TO REFUSE
GREENHUT OFFER
Swc in -Minority Semi I'osf
r.-inl DiMioiniciiifi- 1 lie Hn
ii'uiiniiilioii I'lnn.
HOLD IT IXADKQrATK
.l TIIKKATKX SflTS
ClniiiK of S2.-I0n,00n Kepir
doiitcd Momnoiitli Securi
ties Co. Attacked.
Opposition to the Clrcetihut reorganl
titlon flan developed strength v ester
diy In ttic form of onie live hundred
creditors" replies to tlip p.miphlet report
tlr'ul.iriicJ liy tlie Independent credi
tors' fomm.ltee the minority group.
Accompanying many of the ost card
votes on the plan, which wns Hiilnnltted
by the creditors1 protective committee
the majority croup and the land
holders' committee, were letters de
nounclnR it as Inadequate nnd ursine
the prosecution of alleged claims for
IMOS.OOO against the Greenhuts
It was considered probnh'e yesterday
that the minority creditors Will lnlk
the petjent reorganization scheme for
the Oreenhnt Company nnd compet
Cipt. J. II. Oreenhut and the Monmouth
Securities Company, owned liy mem
bers of the Qreenhul family, to make
mother offer or face lawsul.ts for .ill or
parts of the 12,408,000 claimed us "as
lets not turned over to the trustees."
If Iteferee l'cter li. Olney does not ap
prove of the plan, and Capt. Greenhut
does not Increase his offer to the credi
tors, not only litigation of these claims
but other steps are threatened.
The first clash of counsel for the
rarlous croups of creditors probably
will take place In Mr. Olney's olllce at
(S William street next Tuesday morn
In, when an npplicitinn will be made
for a decree ordering a sale of the
Grtenhut company's assets. The coun
sel for the minority creditors. It Is said,
will oppose the application nnd contend
that the trustees have no right to sell
the 12,40S.noo In alleged claims ngnlnst
the Greenhuts. It will be maintained
that the trustees should prosecute these
claims fir the creditors.
To Kcimi Vn the Fight.
Whatever the outcome of this meeting
Selilon ll.icon and Saul S. Meyers, of
counel for the minority group, say they
are prepared to continue the examina
tion of t'apt. Ureenhut, the other odlcers
o! the company und somo of the em
ployes to establish before Mr. Olney
the facts relating to the Items which
m..ke up the I2.40S.O0O total. Counsel
'or the opposition creditors, who feel
ih.it Capt. Greenhut ought to make a
more substantial offer than 12 Jj cents
,n cash, expect that It will take about
n more hearings before their case wtl
I complete. I'nless Mr. Olney decides
.1 mftre than one hearing n week the
natter may drag along for several
months.
"We feel." said .Mr, Myers, "that those
a e valid claims, and unless Capt. Green
hut sits down and writes out n check
fcr a million or two to the trustees
r m.ik- a better offer than he has
made in this reorganization plan we
shall ficht tfcese claims right through to
the I'nlted Plates District Court. I am
confident that the reorganization plan
will not go through as It stands now.
Greenhut must make a larger offer. Ve
shall have enough opposition to defeat
the plan on Tuesday."
Mr. Olney has power from the District
Court to accept or reject the proposed
iforganlaatlon plan. Counsel for the
majority creditors, Itlchard K. Dwlght,
expects that enough of the creditors will
vote for the plan to Insure Its adoption.
At any rate, If Mr. Olney does approve
of the plan, which is considered Im
protiable, at least for several weeks to
come, the creditors opposed to It as In
adequate will go before, tho District
Court Judge who receives Mr. Olney's
report and fight It there.
Quicker nnd Heifer Hrautta.
"Our position Is this," said Mr. Dwight
mrrda in defence of the reorganiza
tion plan, "W'e have carefully consid
ered these claims (the 2,luS,000). We
have wwe Into each one thoroughly,
Jljny of them Rre valid causes of action
acalnst certain of the officers and direc
tor of the J. II, Grecnhut Company and
other parties, llut we believe that the
teorganliatlun plan will he better and
quicker financially for the creditors than
the result of tuch litjgatlon. Many of
the claims are not easy of proof, but It
Is a matter which Is entirely up to the
"editors themselves to decide. If they
ant the satisfaction of suing Greenhut
they can have it, but -tho, financial results
Mil be quicker and probably better the
other way '
The way In which some of the trans
actions Involving the Items in tho
!.0,000 claims were handled was
Pointed out yesterday by lawyers Inter
ested in the case. It is admitted that
o Items In this sum payments of
ISOO.OfiO to the Monmouth Securities
Company from October 2S to December
19I4, and JC50.000 In payments to
junks on notes indorsed by .I. Ii, Grecn
hut offer the strongest bnsls of action
agairst the Greenhuts for recovery of
"Mis.
In his testimony last Tuesday Capt.
Oreenhut failed to find any uuthorir.v
t'"n n the minutes of the board of di
rectors f.u the 1900,000 payments to tho
Monmouth Securities Companyhis own
farniiv a few months before the r:
ceuership, and for the payments to the
bank .in notes bearing his personal In
to"" merits The minority creditors
maintain that the circumstances snr-
"Minding these two payments In par
i cui.ir stamp them as preferential, lint
I'enj.imlii I'askus, counsel fur Capt.
Oreenhut, who ald his client Is ready
rl willing to go on being examined,
e tori M'Merday that It was not r.er
'" fir I'apt Oreenhut to get au
thor i:ition for these payments.
l, l,-o, Olio Voles In Hunks.
T
th,.
0 e.
ie-i.iiiei triuihactlon was mude In
Op October I, 114, the .1. li,
'' i ompany owed $800,000 (iisMb
l i no urn) notes to the Monmouth
' Company) on bills paynbh,
" 'tie personal Indorsement of .1
it The Indebtedness to nrr
nditors then was ilxiut SI,
l'i lieiember, 1914, noles-to the
" Securities Company had been
i ijou.uoi), while various li'inks
s w'tli Capt, Gleeniiut's pel
dorsenii'iit umouiltlng to II,.
' ' me, Hecember, 1914, debts to
eredltors had mounted to
' oho out), on April 9, however,
" reielvershlp was declared, J, II.
" tiad reduced his personal
oi. bills payable to $157,000 up.
, 'villi the merchandise In-
on '.vhlck J. H. Oreenhut
' it to be Italic t crsonally hud
$2,857,000. Thn minority
argue th.it "so shifting the
es erf from J. H. Oreenhut and
merchandise creditors amounted
i rfeicnco to J, II. Oreenhut."
o 'ler interesting faclor disclosed
'"a
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A
ADRIATIC BRINGS MANY AMERICANS;
JOHN WANAMAKER, JR., A PASSENGER
,, . v " '
t'onyrlKlit by International N'pvra spvlr.
j Gurnce Munn and Miss Mary Louise Wanamakcr on the Adriatic
j. viu "sni;, wno arnvea on
j
I iivit.m:.. t;,.,. . v ... i
liiisitanin Sur, Ivors a Hit Ncr-I
VOIIS ill Passing TlirotlJll I
The White Star liner Adriatic, fearless
of submarine danger, steamed through
the German war zone from Liverpool
, and arrived here yesterday afternoon
I with fifty-six first r.ibln and nlncty-tlireo
second cabin passengers, mostly Amerl
i onns. Including John Wanamakcr, Jr.,
who has been six months In his grand
father's office' In liOndon : B. II, Van
Ingcn, the wollen merchant . Charles T.
Jcffery, automobile manufacturer: Hob
Inson IMrle and Isaac Lehmaun.
.yesterday was this: The proposed plan
of reorganization states book value of
' the assets of the J. 11. Greenhut Com-
1 pany at IS.0S2.ST1, 92, while the reorgan
ization committees tlx the liquidation
t value of the name assets at less than
half of that sum 2.040,.177.r.l. In the
same connection It was pointed out that
1 the report of the company to Dun's and
Ilrndstreet's on March 20, 1914, included
an Item, Merchandise, fixtures, delivery
plant. Ac f6.S34.97S. 43," which Included
In itself nn item, "I'art of good will,
11.717,367.80."
In defence of reorganization against
litigation and liquidation It was learned
yesterday that even If $1,000,000 could
be collected from the Greenhuts by law-
suits. It would mean only ten to fifteen
cents more to tho creditors unless a
j tC,00O,00O bond Issue Is set aside. .Mr.
on Tuesdnv as "nart of a scheme of over-1
inu uii eiiiir.ll ei mni unit IS-ue 111 coun
capitalization," but it Is said that out- '
, . . .
siue rem esiaie appraisers rouiu ne
orougi.i in oy tne urecnnuis to justity .
the real estate valuation on which the
$6,000,000 bond Issue was based back
in 1910.
It was said nlso that the difficulties
of collecting from the Monmouth Securi
ties Company or J. tl. Oreenhut himself
would be great. Capt. Oreenhut him
self owns only one share of stock In I
the Securities company, the rest being
held by his sons, his wife and daughter.
NEW ORLEANS TO GET
FEDERAL BRANCH BANK
First Under Itescrvc System
Has Limited Powers and
Reports to Atlanta.
Washinc.tov. June 24. The first 1
. . ,, , ,..,,.,, .,. .....
branch bank of the lederal resehc sys-,
tern Is to be established at New Orleans,
The Federal Reserve Hoard announced
to., l.iv th.n It lind nnnroved the request '
, ,. ..,. , .
Ul Hie ICDrni: unnn .1. eitumi, ,v-
mission to open a branch nt New-
Or-
leans.
New Orleans b.n,kerMiad sought I
to have a doubly strong branch ban
established there, applying for a branch
of the Dallas reserve bank as well as i
one of the Atlanta bunk. The board
decided to grant only the latter request,
however.
No definite assignment of territory
to the New Orleans branch has been
made, but It Is understood It is
Intended to give It the member 1
banks of Louisiana nnd Mississippi III 1
district 6 and those of Mobile and Hald
win counties, Alabama. The banks so
segregated will deal with the New Or
leans branch only.
NEW RATE FOR SHORT TERM.
ItrserTe Hoard Aiprovr
Cent Flgnre on Ten t)n
a Per
I'nper.
Wahiiinoton, June 24. A new
de-
partuie In regard to redlseount rates
was) made b the Federal Itescivft lioat-l
to-day when It approved a lato of 3
per cent, on ten day paper for the re.
serve banks In New Vork. Philadelphia,
San Francisco and M. I.oills, The lioaid
Z." .. 3. A. e f .n-.u , : I ' I
...... ,. ...... v.. . & j. . yor, wnK unanimously
betw-eeii loans or ten days and tlnsc , ' iri(I(.nt 1)f ,n Ass0clated Ad
of thirty days. In approving the rate ,Muu, of ,llo World at their
''... '" " ';: ' ' . ,. ..
i III llltlllii U cniti in imuiiH nuuii ii 1
rate n is oee , ore ine i oaiu ior ;
some lllllf past .tun mis rtrciveu utj
careful Investigation. It
nun iiisiun-ci
at the recent confer hum of governors
In Chicago, and the general Idea of such
a rate was appioved. In the opinion of
the hoard the Introduction of the plan
Just at the beginning of the crop mov
ing reason may result In (xtendlng ma.
tcrl.it assistance to hanks which deslie
special accommodation for very nhort
periods,
"Tho short term rate Is In lie veil likely
to bo an effective substitute for call
loans bai-ed on collateral and lis In line
hIIIi tro policy of the boaid, heretofore
iMuhllHliriCNif progressively decieaslnir I
the rate of discount as Ihe matiirlt' of
the paper presented Is whortcned and as
Its liquidity correspondingly Incieaies.
The new plan will, It Is thought, ho
particularly useful to banks that aie
membeiM of the cluuing system and
desire fiom time to lime to obtain
short term aenninioilntlnn for the main
teiiance of their balunoea with the re.
serve banks."
tne wnite bta . yesterday.
, i" : .vavried on June 28.
Tiie Anterlcnn .passcngets wero tindls-
lurl"'' '' '" possibility of being blown
up. ,,.sr,, ,.lrlP ,, ,.ehlimnn,
a" """Ivors of the I.usltanla, were Just
11 nu nrrvoui panng tnniugii me unn
HI' OHC. ger zone off tho ltrltlsh coast, but were
Inclined to suspect tint pending nego
tiations littwcen tho United States an)
Germany over tho rights of neutral sea-
goers ihry would be safer than before
tb ' ' 1 . wns toipedoed.
Mr. Jeffery slid so far as he had ' remarked, ought to wake up and con
observed the sailors' of the l.usltanl 1 1 sldcr Its own preservation. Mr. Chance
were true to their sea tradition, con-! said that Germany at the beginning of
slderlng the circumstances. The general the war had In nservc t.uOO.OOO reserve
Impression, which be himself held, was 'shells for each of her live classes of big
that the great Cunarder would float guns nnd Uint sho was still adding to
long after she had received her death , th.' supply.
wound. Olllcers encouraged this belief' Mrs. TIilllp Snowdui. suffragist and
and few If any realized until a mimit ' w Ife of tin senior M. 1'. for lllackburn,
or so before the foundering that the Is here to attend the International
ship's condition was helpless.
Wade Chance, London llnanclr, said
he believed that If Germany won In the
NATIONAL BANKS HOLD !
$735,348,964 IN GASH
Iteport of Comptroller of
Treasury Shows IIir In
crease in Deposits.
Wabhinoton, June 24. The total
cosh held by the national banks of the
country on May 1 was 735,34S,964, ac
rririllnir In file statement nf fondltlon as
of that date made public by Comptroller 1
of ,h" Currency Williams to-day The
Comptroller asserted that this sum rep-
rAotnfu ,, nefnril v.ilti ,if S 1 K.n.t.4 .1 1
" - - "
ulnM. n ...... ,f fill HIT. IIS
The decrease In explained as having I
been due to the transfer of funds to the
Federal rev.-rve banks on the organlza- '
tion of the new system and the sub
scriptions to the capital stock of these
Institutions. The Comptroller stated
that there would have been an actual
Increase of J9,2.'i5,002 had It not been (
for these tronsfers and subscriptions.
Tho demand and time dcjKisits re-1
ported May 1 amounted to 1 6,6fil,jSl,
332. nn increase of 1302,393,277 over the '
previous yenr. Overdrafts nmountlng
to 13,904,374 were reported, this sum
i being 9, SSI, 266 less than that reiorted
In 1914. Thin decrease of more than 6')
per cent. In overdrafts Is to be at-
trlbuted to a vigorous campaign which
tho Comptroller waged during the last
ewr aaln"1, exteuKion of tiio privi-
rf,e 111 UH'luianiHh ,un tuni-j-
n.ers.
The Comptroller announced that the
excess reserves reported amounted to
J727,342.'.'!i3. n sum I241.5S2.820 In ex
cess of the amount reported a year ngo.
The Comptroller said there was an ap-
parent Incrense In the exces reserves
of J48.1,7.")9,46',. This Is to be uttrlbuted
m )arB' jMrt f) thfi chanRes ,n r,fccrvc
requirements which became effective
with tho organization of the new cur-
rency system
Among the
Items given under the
head of resources in the abstract wero;
Loans and discounts, $C,C43,!S7,!iSI
I'nlted States bonds w secure clrcula- ,
u'r ;S
of
liese Items were given:,,;,"" .' . '. -.'
Capital stock paid In. J1.06e,891.1.77 .
mini lis r inns, s 7 I '!.:! l.:i ' nn, ...
profits, Ires expenses and taxes paid,
J2!I3,6S3,!.'9 ; total deposits, $S,S!I2,
047,738: notes and bills redlscounted,
$37,568,342.
H.S. HOUSTON HEADS
ADVERTISING CLUBS
New Yorker Is Elected 1'resi-1
dent nt Convention in I
ChicHgo.
Cinr-AOo, Juno 21. Herbert S. Hous-
vice-president, of Doublclay. Pago
convention late to-day.
late to-day. Mr. lloiihtoii
has long been one of the best known
:, ( v. rt ixl iik men In the country. Due
l,i. . lUty flit-tun 1 1 vn tierinil nf the im.ii.
,,ati,u he was nn Important factor.
(i. V. Tliomasson or Dallas, Tex.,
was chosen vice-president, and A. S.
Florea of Inillanapulls was reelected
recretfi i y-treasurer. John Fahey, pies
Ident of the Chamber of Commerce of
the I'nlted States, had the lust word
in the convention this evening, when he
spoke on "Advertising and Commercial
Organization n thu Future of Aincilcun
liuhlness."
Figures showing that the attendance
was more than double that of any pre
vious international coliierenco were
made public The total number of paid
1 eiilstintloiis wnn 4,198.
The 1016 convention will be held In
t'lilhidclphlii.
rv tlfllprs for Collector Klanrr,
The offices nf Maik Klsnor, collector
of the Third Hlslrlct of New York, on
ami lifter June 24 will bo located at 1150
Uroadway, the Victoria Uulldlnf.
THE' SUN, FRIDAY, JUNE 25, 1915.
'' i
to welcome John Wanamalccr.
Mr. Munn and Miss vVana-
London Kinimeicr Says U. S.
'
Will lie AttacUcil if tin
(ieriniius Win.
Kuropean war she would come over and
'lick the United States, which. Mr. Chance
Women a reace Conference at S.m I ran
Cisco on July 4. She said It was better
to bear children than arms
HEAD OF GAR GO. SEES
BUYING BY RAILROADS
F. II. Katon Optimistic on Im
mediate Hetterment for
American Lines.
Optimism is to the outlook for 1h
purchase of equipment by the railroads
in the near future was expressed yes- ,
terday by K. H. Katon, president of
the American Car and Foundry Com-
, statement issued with the
. - ,,!,,., rei.r. fnr ih. .i,.,i
Allr,, , ....
"It Is doubtful whether the railroads ,
have ever. In an year, liought less In j
comparison with their requirements than I
they have during the fiscal year Just
ended." Mr. Katon said. "This has been '
caused by no lack of desire on their
part nor by any failure of theirs to
recognize the need, If not immediately, '
at least in the near future, of additional 1
enliliitnent. The condition exists lieeiniMn
of lack of lltiancial ability to change It ;
but encouragement Is to be found In
the fact that an amelioration of this
condition Is Indicated by tendencies now
apparent,
"It is difficult to believe that tho un
propltlous conditions surrounding the
close of the fiscal year can long con
tinue. There arc some Indications of
an Improvement In rnllrn.nl conditions.
The roads hnve yet to feel the full
benefit of the Increase In rates granted
them during the past year.
"It seems reasonable to suppose that
In the rearrangement of Industrial con
ditions that must Inevltahly follow the
great struggle now waging there will
be afforded outlets for American prod-
ucts that have licretofore been closed
to them." I
After the payment of dividends on !
the preferred stock of thp American Car '
and Foundry Company there remained '
a balance of J230.53C, as compared with t
l.iir,,.',i, l in 9H. avalliililii for dlvi- i
1 ' r X "1
!".. ''''.?! -" ninn stock agalns,
n'V, ' 1 vlVih
" '. ' T,...-,w,.v
In 1914
The JfiOO.OnO necessary for the main
tenanco of the common dividend at Its
usual rate was made up by taking $450,
000 from a fund previously set aside
for that purpose, with the result that the
surplus for the year amounted to $80,
1I30, against S337.971 In 1914. This,
nildeil to tho previous surplus, gave the
company a total protlt and loss surplus
on April so, r.u,,, or -.i,ii'.n,ii;r,, against
one of $25,1)13,110 on April 30, 1914.
CLARA PROVES TO BE A MAN.
llisiiieriider Trapped liy (iooil
Memory of llelct'tlvc.
The good memory of lletectlvo Hear
don of the cocaine squad resulted cMer
day In the discovery that "Clara Smith,"
a waitress, who was sentenced to the
workhoiiM) for Ion days for lolteilng,
was a man with a criminal recoid for
felling narcotics.
The man, or woman as he appeared
Hi be, was arrested early Wednes
day moinlng by Hetectlve William
O'Connor, who wiv her ihlm) ap.
luoach several men at Itroadway and
l'"ort -eighth street. Wednesdaj night
idle (he) was nentcncei by M.iglslralo
Heiberl in thu JetTeisoii Market women's
night court.
Lake Hopatcong
C1 NEXT SUNDAY Alto Every
9 Sunday and Holiday
Lv. W.JM St., 8.50; Lv, Llbuly St., 9.0O
Lv. Jackson Ave., Jersey City, 9.17 .ra.
Lf, Bioitt Slieel, New ik t.."0i. tr.,
Atlantic City
NEXT SUNDAY
t.f,w.:J4Si,V0j Uhfiivii, oe.
S9'B0 Jickion Ave., Jerter Cilr. 81" .m,
Lf, Utoid Street. Ncwtik 7.JS i m.
HARD COAL NO SMOKE COMFORT
APPOINTIVE BENCH .
DEMANDED BY BAR
1)-(ikI.v Hcrrick Dceliucs Mice
five S.vstoni Is n HcproaHi
to State.
SOME .TTIKiKS AUK IWFIT
Atn.NV, .lime 21 rrmds l.yndo Slot
Fon, Wllllnin It. Guthrie, John M. Hoivcis,
J. Ilatiipden Doiigheity and e-.!m1gc
D-f.'.idy Hrrrlrk urged an appointive
instead of ,111 elective systm of S"lcctlng
Judges In this Stale to-day.
They nppeared 11s 11 stib-rommlttee
from the committee of twent-one of the
It ir Association of 'New Vork before the
Judicial cominlttie of tlm "imstltutl'ip.i!
coiiventloi.. of which tiorge W'lrkei
sham Is rhaliman.
.Illilge I lei rick dcclateil that the elec
tee system "Is about the woiM conceiv
able." lie spukias a it'tiri-snitatUe of
11 committee Willi Ii I11V1 sttg.ited the
growing dissatisfaction with the Ju
diciary The JuiUe repotted that the
law's delays caucd much of this un
easiness, anil that the personnel of the
.Indues aim had Its effect.
"Conditions now are sivh that some
Inwjii-H with political llillmnce can get
from the Supreme Court In some in
stances favors which other lawyers car't'
get," declare il Judge I let rick.
There can be lm Independent Judiciary
"responsive to the will of the people."
Judge llerrlck raid lie ilf, land that
much of the dijtlsfattion with the Ju
diciary system was rjued by Judges
kieplng their ears close to the ground
to tlud what the people wanted
f
IViirlcss -I nil I fin r .
"What we want is n fe.irliss Juil:-
i ctary," continued Judge llerrlck "A Ju
dicial y just as independent or tne peop.e
;,f "I'V:"""' 7rX- uTr"i
leaders or powerful men of any descrlp-
tion W'e need a Judiciary that can
Hand up for the rluht in dHi.im-e f
public sentiment. The only control the
people should have of Judges Is toe eon
..e .l,.i- .,.r,.tt,.tilfttv.. uhn run
remove the Judges,"
1 Appointments by the Governor with
the advice ami consent of the Senate are
1 usually a matter of "barter and deal-
lns," Jiiiltfe llerrlck said, us .1 lesult f
obeivatton he has made during forty
cars In Albany.
The speaker suggested that the Judges
I of the Court of Appeal be elect! d and
1 that the Chief Judge receive the power
of appointing the other Judges In the
State
"Wouldn't that bring the Chief Judco
down Int'i the arena of politics?" asked
Chairman George W W'lcUershain of the
I Judiciary Committee.
I Judse llerrlck did not believe so. al
1 though he admitted that politics and
j appointments by a Governor usuadj
The Court of Appeals! should rit rlt
in Impeachment courts, In JtuUe Her
rick's opinion. He was chief counsel for
William Sulzer during his Impeachment
trial. The, Judge declared that the "ex
pei'icni'e of the Court of Appeals In sit
ting In the l.i st court of linpe'.ichmetit
had been harmful."
Mr. .Mets n inserted that precedent
f.iiois the establishment of an appoint-
le Judiciary lie thuilglit the Governor
nnd Seit.ite hinild have the appointing j
pouer. All tin; 1c.1l business of the!
Slate Is done How by appointive olllclals, I
lie said. I
Mr. Ilowers said lie believed that there!
was peifcct accord .1:1 ong the lanjcrs
of the Statu as to the advisability of nil
appointive Judiciary. The votern would
be mute likely to approve appointments
by the Governor and Seiale, In Mr.
Iiunnn'ii upliil.ni. W'liatcvcr the con
vention does about the Judiciary will not
affect the vote on the new constitution,
lie declared.
Mr. houiiheity Insisted Hint the elec
tion of Judges was not the business of
the Individual voter, as the Judges nro
not representative olllclals but experts.
"Some Judges put on the Supreme
Court bench tnrough our elective system,
while not venal, nro not lit to admin
lister Justice," declared Mr, IoUghrty.
; 1'n.v of School 1'eneliers,
llefore they were fleeted to olllce
1 Mayor Mltchel and Comptroller Premier
I gast both favored eiU.il pay for the
' New' York city chool teachers, de land
1 Miss Grace I.. Strnrhati before the con
stltutlonal coiivemlon's committee .n
, 1 ftlei to-day In discussing the home rule
, a-iieudliieiil for cltlis.
These two city olllclals came out
openly for equal pay, continued Miss
Stniclian, when they were candidates
for olllce, nnd thev should not now be
1 pointing to the equal pay law as one
ot toe most flagrant legislative viola
. thins of home rule tor New York city
' Iielei'.ite Thomas I'', Smith, who Is
' member of the committee and secietnry
1 of Tammany Hull, brought out from
1 Mls Htraeh.tn that In a letter written
while a nndldate Mayor Mltchel had
.idmsid the principle of euuil pay 1
j and that tV.inpi roller I'renderg.ist "had j
'i'PI"'.iied on the platform In favor of the 1
Itie.isille.'
Mls Strachnn appeared with Arthur
l'riy, district superintendent of schools;
. Joint II. Denbigh, principal of the
Mortis High School, and John Itafferty,
piliiclpil of Public School ID in Queens
borough, TMy opposed the home rulu
.intendment plepinsl at the conference!
ir Mayors, whb h would give the New.
Yoik city olllclals exclusive Jurlsdlc. 1
tion of teachers' salaries. I
TI.ey .islnil the committee to frame j
the home rule provision In the new t
legislature, so that the New York city 1
H.1.1 nl of niiication, nnd through It the
State Department of Kduc.ition, would j
bi'e complete control of the funds
spent for educatHmnl purposes. Now
the responsibility Is divided between
the New York city Ho.ud of IMuc.itloii
and th Hoard of Hstlmate and Appor
tionment. "The commltteo would be doing the
teachers a great Injustice If it took
iivv.iv from them the right to appeal
to the I.eghliitiire for Inws regulat
ing salaries,1' declared Miss Strachnn.
"In New York city 32 pr cent, of
the teachers receive less than 11,000
a vear, and about 60 per cent receive
lcs than il.T.OO Docs that bear nut
the statements of extravagant nalarles
QUICK Action will buy
you a v car at COST
But you must act at once. For there's only a few left.
They're demonstrating cars Studebakers that our salesmen
have been using to show buyers what Studebaker performance
means.
They have always been in the most expert hands and cared
for, too, by skillful mechanics in our own garage.
So they are as good as new in fact, lots of men say they're
BETTER because they've been used long enough to be "worked
in" properly.
But good as they are, they're going at COST PRICE to the
first buyers who come in and it will take QUICK action on your
part to get one.
Chance of your life. This SIX sells regularly at $1385 and
outsells every other SIX on the market, too. But a few men are
going to be lucky and get one of these Sixes at cost, because in a
technical sense, a demonstrating car can't be sold as new no mat
ter how good it is.
New York Showrooms 56th
Brooklyn Retail Headquarters 1495
th".it have been made here, when the
high cost of living In New Vork and
the high cost of salaries paid to Cicrhs
and minor employees nro considered?"
! IMT Itcsiiliif Ion Mhelved.
Certainty that the convention will not
approve u reapportionment of tho Sen
ate nnd Assembly districts of tno Male
was liiillc.ili-il to-day, when Majority
Leader Georgo W Wlckershnin, Henry
I.. Stlmsoii, John Iord O'Hrlan and
their following of Itepubllcnns oppos
ing reappoitlonment succeeded In shelv
ing Indefinitely the Qulgg resolution.
There was a hot fight over the prop
tolllon. The battle raged for an hour
and a half and at the end of that
time. It was conceded by mot that the
ftr.ickell forces r.i been beaten.
Theie will be 11 continuation of the
fight 011 June 30, however, when thn
amendment reported ny the committee
on legislative organization, of which
Senator Hrackett Is chairman, will
come up for consldeiHtlon.
This amendment has aroused tho op
position of the entire New York Ity
delegation of Democrats nnd sums of
the Republicans, becnuso It limits thu
representation of the live counties with
in Gteater Ntvv Vork to one-haif of the
Senators nnd otic-half tho Assembly
men, and Its defeat is predicted.
Senator Hrackett tried to g. t this
amendment back In his committee, sup
pnwedly foresfi'lng Its defeat, but .Ma
jority Leader Wtckershaiu wa quirk
with 1111 amendment to Mr. l'r.icketfs
motion which would forever have ended
the reapportionment nKht In the on
ventlon, and on motion of De Lancay
Nlcoll the whole matter went over until
next Wednesday, and the convention
adjourned on motion of .Mr. Wlcker
shnin. Declaring that there was no way un
der the present sjxtem In which Un
people of the State of New York could
vote directly on any public issue Dr
Prederlck A. Cleveland, director of tho
Bureau of Municipal Itesearch, argued
to.diiv for the adoption of featuies In
the proposals) to amend the constitu
tion Introduced by ex-Senator John G,
Saxe.
Dr. Cl'-velnnd addressed the tlnanca
committee, of which Henry I. Stlimon
Is chairman, and the committee on State
officers, of which I'rfderick Tanner, tlm
Itepubllcan State chairman. Is the bend
"At the present time," said Dr. Clev
land. "there is no way In which the
Governor can go before the people on
any policy on which he has Joint d Is
sue with tho Legislature. There is tin
way to get a 've' or 'no' verdict from
the people on any s'ngle hiicv and
the only approach to such .1 verdict lie
through an outside irresponsible body
called a party convent Ion which ndop's
a platform consl.stlni of forty or llf'j
planks which each candldntu can Inter
pret nccordlng to his own desires.
"t'nder the present cumbersome sys
tem the people have absolutely nothing
to vote on evept their belief in a man.
The present organization of the gov
ernment of the ftate Is neither respon
slve nor responsible,"
The Iture'iu of Municipal Ur-e.irch
bills which Mr Saxe' Iriirodun d provide
for a reorganization ot the Stat" ad
ministration by setting up i leven admin
istrative divisions, all directly respon
sive to the Governor, and also provide
that all appropriations for deptrtmetit
work shall originate with it-o Governor,
who shall be rcq.red to submit V com
plete hudcet to the Legislature. I
and a Studebaker
SIX at that!
4--V
SUFFRAGISTS FEAR
NEW BAR TO CAUSE
Oppose Uanies's Plan -to -Make
Cliaiiiros in Constitution
More nilTiciill.
Auiant. June 2 1. SuffraglsU con
tinued their activities before th? consti
tutional convention cmimittecs to-day.
.Mrs. Harriot stnnton lllatcn, .Mrs. Csr
rlo Chapman Catt, Mrs. Norman dolt.
U'hltehou.sc, Miss Alberta Hill, repre
senting tne siiffr.vgo cause, nnd Miss
loulio Swartr. of tho Consumers League
uigeil thn cjinmltlee on future amend
ments not to Indorse amendments pro
posed by William Harms, IxjuIs Mar
shall and Frank W. Slnndart. Thoso
amendments would Icquiie at least three
fifths of tho votes enst nt an election
to he east upon nil propositions to
amend the Constitution, the nmendment
not to be considered adopted unless a
majority of three-llfthH of tho voters ap
prove It. Now 1111 nmendment to the
Constitution Is possible no matter how
small the vote upon tho question may
be piovlded a time majority approves It.
The suffraglstM Insisted that there was
no need to discipline the voters, nnd that
the amendments suggested. If adopted,
would forever close the door to amend
ments to the Constitution In the future,
"Tor sixty yeats wc hnve hten en
deivorlng to get a v de on the women1
suffrage questl- n.'1 said Mis Catt "and
If the voters should decline to approve
trie suffrage amendment at the Novem
ber election our movement will not Mop.
We will go right on ami light for the
vote. Gf rourbe, If you amend the State
Constitution Hi the manner propped by
Mr. II.irniH or Mr. Mushnll wc would
have to aicompllsh our end from another
angle. We would have to amend the
1'edcral Constitution to permit suffrage,
which vv, nlil. In eltct, send the ques
tion back to the States f r the approval
of in nmeiidnient to the I'nlted States
Constitution."
Mr. ltarnes wnntisl some plan adopted
by the convention like one he suggests
which, he Kild, would tend to educate,
the people up to til" iinportntico of giv
ing more thought to the adoption of con
strtutloaal amendments than to the
sclectl ui of a Guveiiior or a President.
"We want the V"te; i to understand,"
said .Mr. na-ni'S. in.u nn, l oiiMituuon
w a product of their own vote, and then
they cannot be blaming this man or that
for existing conditions of government.
I believe thu Legislature has enough to
d . rlthout amending the Constitution,
and that !n wlr my amendment pro
hibits It and provide for a constitu
tion ii eenvcr.tl n every ten Instead of
every twenty yvarn to meet the changed
situation."
Louis Marsliad thought that Mr.
Ttarne . proposition to deprive the
Legislature of the power to amend the
Stall Constitution was a danierous one.
and Broadway.
Bedford Avenue.