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GAS CO. CUTS ITS QUARTERLY DIVIDEND ONE PER CENT The Peoples Gas Light & Coke Co. cut its quarterly dividend down to 1 per cent yesterday. That makes the annual dividend 4 per cent instead of 6, as it has been in the past. Two reasons are given for the change. The company and some business men say that the high price of the materials that go into the making of gas and the increased cost of labor have cut profits. Other business men, antagonistic to the gas company, say that the cut in dividends is a stall by the firm to get sympathy from the city council, which is considering a grant to allow the firm to make poorer gas to cost less. A cut in operating expenses is what the company needs, according to some. Tremendously high salaries for the men at the top and legal fees among the highest of any concern in the city are the loads which are cutting dividends, some business men claim. The stock has dropped from 120 to 90i on the market during the past year. POLICE AND JUDGES DISAGREE ON BISMARCK PICKETS Striking waiters walked in front of the Bismarck gardens last night se cure in the thought that they would not be molested for wearing across their breasts the signs: "Bismarck Hotel and Gardens Unfair to Union Labor," since every picket arrested for wearing the signs has been dis charged in municipal court. But they reckoned wrongly. Frank Mahoney and Dennis Ward, union pickets,, were arrested and taken to East Chicago av. station. A union official said today that Capt. Skidmore of East Chicago av. station had told striking waiters that if any more pickets appeared with the cards, on their breast they would be arrested and held without being booked. 1 SEN. JOHN POWELL ACQUSED BY YOUNG GIRL. Warrants have been issued for the arrest of State Sen. John M. Powell and Harry Martini, a police char acter, on a charge of contributing to the delinquency of two young girls. The warrants were issued after the girls told the story of a drinking party and hotel trip to Ass't State's Att'y Robert E. Hogan, assigned to the juvenile court A newly-elected alderman, nicknamed "Cupie," an ex alderman and a policeman also face arrest The girls say they were in troduced to Powell by a woman who spoke to them in a "movie." A warrant was also issued by Judge Stelk for a woman named Evangeline Brack, known as "The Blonde," who is mid' to have intro duced the girls to Powell and Martini and induced them to drink. Both the new alderman and the ex-alderman named in the girls' stories have lately been boosted as "uplift politicians" by the newspa pers. Martini is said to have a long po lice record and was arrested in con nection with the payroll robbery of Fortune Bros.' brewery recently. o o GERMAN SOCIALISTS MEET RUS SIANS IN STOCKHOLM Amsterdam, April 14. The Social ist leaders Adler, Erneberger and Hasse are accompanying Philip Scheidemann totStockholm, accord ing to Berlin dispatches today. These four Socialists, granted special pass ports, are supposed to meet respon sible Russian envoys in the Swedish capital, and Berlin hints that they may later proceed to Petrograd to . further the Socialists' peace plans. , QUIZ KAISER BOOSTERS ' Jos. Diefenbach and Al Abrams were brought to Chicago from Gary today to be questioned by HIntoa Clabaugh, dep't of justice "They are said to have been spreading German propaganda in Ga"ry.