The St. Louis Republic. [volume], May 29, 1902, Image 1

About The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919

Image provided by: State Historical Society of Missouri; Columbia, MO

                
THE ST. LOUIS REPUBLIC.
WORLD'S
1Q04
PAIR.
In St. Lonln One Cent.
NINETY-FOURTH YEAE.
ST. LOUIS. MO., T1IUUSDAY, MAY, 29, 1902.
PRICE ? Tr-l.. Three Cent..
I untune
St. Lonl. Ttto CeniMm
DANGEROUS GASES FRO
CAMBON INSPIRES GRACEFUL ACT.
HILL AND MORGAN INTERESTS
TO EXPAND THIRD NATIONAL.
PELEE THREATEN ISLAND.
Ho liamheau Party Inquires Aft-r tin- Health of I'-r.-on. Injured
During New York Celebration Member Will Attend the
Victims' Funeral.
v
Professor Hill, the American Scientist, Returns to Fort de
France, Having Made Many Valuable Observations of
the Eruption George Kennan Located
Northern Martinique Exodus From
III-Fated Island Continues
Unabated.
.VOLCANO NOW GIVING FORTH
rtOM Tire NEW TORK HERALD AND ST
lot-is itnri-Buc srnciAi, correspond
ent. Tort de France. Martinique, rrench Wlnd
rard Islands, May 3 Copyright, 1S0J.
Developments in the conditions of Mont
Fclee Indicate eruptions to come greater
and mote destructive than any that have
jet occurred.
The volcano was again active to-day, an
explosion which took place thU morning
drivins even the American scientists on
board the cruller Cincinnati.
Robert T. Hill, the "Washington scientist,
conoernlng whom grave fears were ex
pressed yesterday by those who knew that
he was intending to approach the crater
of the volcano Just before the eruption of
Monday night, has returned here.
lie was near Fous St. Denis when that
eruption took place and had an experl
inco similar to that which befell The Republic-Herald
representatives
l.IS Tll FIVE MII.Fn
FHOJI ACT1VU CIlATi:il.
He was less than fhe miles from the
crater when the explosion took place and
wa compelled to run to save his life. He
and Colonel Louis H. Ayme. American Con
sul at Guadeloupe, now sleep on the Cin
cinnati Mr HilTs researches have been more pro
ductive than he had expected He is au
thority for the assertion that Mont Pele- is
now ejecting true lava (molten rock), matter
not unlike that which covered Pompeii.
This Is the first time that the production
of real lava by any of the volcanoes in this
part of the world has been noted and the
highly important fact may presage terri
ble results.
OITLOOK DARKHIt
THAN rVEIt ItEFORK.
Mr. mil will not discuss the matter, but
other men of science here agree that the
conditions now known to tiH are more
threatening than those which were ob
served before tn destruction of St. Pierre
Mr. Hill has also explained that the ter
rific lightning in the clouds Monday night
was caused by the ignition of gases thrown
off by Mont Pelce, combining with the oxs
gen In the air ThI-, he believe, offers the
best explanation of the destruction of St.
Pierre.
Air. Hill says that the entlro northern end
of the island is too dangerous at this time
to permit further investigation.
;i:oiu;e kenxax
is in safk place.
George Kennan and his companion. Mr.
Jackassl, have located at Vive, in the ex
treme northern end of the Island. They are
safe, but had a narrow escape at the time
of the eruption Monday night.
During one of the explosions this morn
Ins great quantities of grseous smoke was
ejected by the volcano, j. ! feared that
should such gas settle o - the Island
there would be danger of a repetition of the
disaster, which destrosed St. Pierre, and
that every living thing in Martinique might
be obliterated.
The exodus of Inhabitants continue, and
If confidence is not restored soon the is
land will be entirely depopulated.
rRornsson mu tells
OF HIS ADTESTURnS
Professor Hill recites an Interesting story
of his examination of the district through
which he pnssed. He left Fort de France
at 1 o'clock Monday afternoon. He was ac
companied by a Mr. Cavanaugh, an army
officer from the British Island of Trinidad,
arid a boy named Joe, who was to act as
interpreter.
The Dartj set out on horseback and took
the direct north road for Morne Rouge
Between the hamlets of Deux Choux and
Fons St. Denis the party entered upon
the outer edge of the zone of ashes. Ex
cept lor occasional patches all the country
to this point was green and smgiling.
TJpon reaching tho Ralbud plantation, one
mile southwest or St. Pierre, the explores
met the clear line of demarcation of the
zone of flame and destruction, but not of
annihilation. Monday night, .after the ex
plosion, was spent in a deserted house at
Fons St Denis. At this point the horses
of the party became exhausted.
ABANDONED CATTLE
TRY TO FOLLOW HIM.
Early the next morning Professor mil
pushed on to Mont Parnasse. where sev
eral people were killed in the eruption of
May S. He encountered no human beings,
but he did meet a number of abandoned
cattle, which tried to follow him. From
Mont Parnasse the explorer proceeded to
Morne Rouge, where he succeeded in get
ting a number of Important photographs.
He found that a close approach to Mont
Pelce was impossible, and, as his actual
position was dangerous, he started back in
'a southerly direction. At Champe Flore
Professor Hill's horse gave out completely
and he secured the services of native
guides, who led him by wild mountain
raths back to Fons St. Denis and Deux
Choux, Tuesday night was spent at the
latter place.
From this point Professor Hill sent a
message Into Fort de France with a re
quest that a carriage be sent for him.
Wednesday morning the professor left Deux
Choux and walked to within fifteen kilo
meters of Fort de France, where h- bor
rowed an old horse from a negro and con
tinued his way mounted. The carriage mt
him five kilometers from Fort de France
and brought him back to town, where he ar
rived at 11 o'clock this morning.
Professor Hill heard the explosion of this
morning whlU on his way into Fort de
France, and he says a cloud of black smoke
at a great height was drifting slowly to the
southwest.
Speaking personally of hi expedition to
Mont Pelee, Professor Hill sold:
SO SAXE MAX WOULD
TRT TO ASCEXD CRATER."
"My attempt to examine the crater of
Mont Pelee has been futile. I succeeded,
however, in getting very close to Morns
Rouge. At 7 o'clock Monday night I wit
nessed from a point near the ruins of St.
Pierre a frightful explosion from Mont Pelee
and noted the accompanying phenomena.
"While these eruptions continue no aane
man should attempt to ascend to the crater
ol the volcano.
"Followinr tho salvos of detonations from
the mountain gigantic mushroom-shaped
vitanzis of smoke and cinders ascended Into
in
LAVA AND PERIL GROWS.
the clear, starlit sky and then spread, in a
vast black sheet, to the south and directly
oyer my head.
"Through this sheet, which extended a
distance of ten miles from the crater, vivid
and awful lightning-like bolts flashed with
alarming frequency
"They followed distinct paths of Ignition,
but were different from lightning in that the
bolts were horizontal and not perpedioular.
"This Is indisputable evidence of the ex
ploslxe oxidation of the gates afted the
left the crater. This is a most important
observation and explains, in part, the awful
catastrophe. This phenomenon is entirely
new in volcanic history.
BVDLT S-CAHnD, HIT
'.NOT THE ONLY OMi"
"I took many photographs, but do not
hesitate to acknowledge that 1 was ter
rified. But I was not the only person so
frightened. Two newvpapt r correspondents
who were close to Morne Rouge sume
hours before me, became scared, ran three
miles down the mountain and hastened
into Fort de France.
"The people on the north end of the island
are terrified and are fleeing with their cat
tle and effects. 1 spent Tuesday night in
a house at Deux Choux with a crowd of
-uO frightened refugees.
"Nearly all the phenomena of thee vol
canic outbreaks are new to bcience. and
many of them have not yet been explained.
The volcano Is still intensely active, and I
cannot make any predictions as to what it
will do."
KENNAN AND l"nT
VISIT XEW CRATER.
Fernand Clerc. a wealthy planter, arrived
here to-day from the north part of the is
land. He said:
"Mr. Kennan and his parly hate been
with me. We got around the mountain nnd
reached the new crater not far from
AJoupa Bouillon. We discovered that it
had broken out at the 'very head of ih
River Falaise, and about 2y0 jards from the
high road
"Our party rode directly to the edge of
the crater, as It was then quiescent. We
saw that a great slice of the mountain nad
fallen, leaving exposed a perpendicular cliff
In this cliff were five huge tunnels, which
were not smoking.
"The crater is a great sloping oval de
pression, from which smoke Issues, as It
does from the great crater, "with the ex
ception that here there were few ashes In
the smoke.
"The Itlver ralaise is boiling hot. and
so muddy that one quart of water weighs
four pounds. Volcanic stones of the nature
of pumiee float in this water.
BRILLIANT LlfillT
LASTS HALF AX" HOUR.
"Mr. Kennan witnessed the explosion of
Monday night, and was much Interested in
the phenomena. The explosion was ac
companied, at intervals, by a bright light,
which lasted for half an hour at a tlm.
This light was Eteady and Illuminated the
entire mountain top. Professor Hill says he
did not see this light.
"I left Mr. Kenna and his party in good
health and in safety. They seemed to be
In no hurry to come back to Fort de
France."
The BritWh cruiser Indefatigable arrived
here this morning to mil's another attempt
to recvory the body of the British Consul
at St. Pierre, Mr. Jeppe, and the archives
of the consulate. WUn this end In view,
the British cruiser proceeded this afternoon
for St. Pierre, but the expjloslon of this
morning has probably made it Impossible to
effect a landing thre.
LEADING TOPICS
Df
TO-DAY'S REPUBLIC
thf; srx rises this morning at
4:2S AND SETS THIS EVENING AT 7:16.
THE MOON RISES TO-MORROW
MORNING AT 12:12
WEATHER IDICATIONS.
For St. Lonl. and Vicinity Partly
cloudy nnd Kenrrnlly threatening.
For Missouri Warmer and partly
clomly Tlinrnday; showers In nouth.
Friday fair; warmer lu sooth.
For Illinois Fair and warmer
Thursday. Friday fair.
For ArkanKOM Partly cloady lhnn
day; shorter nnd warmer. Fri
day fair.
Tor Eaiit Teian- Partly cloudy
Tlinradny; shower Id north. Friday
jinrtly cloady.
For ! Texas Fair Thursday;
warmer In Panhandle. Friday fair.
Page.
2. Bench Warrants Are Levied on Geragh-
ty and SnelL
About ICO Permits Issued Monthly Under
Ztegenhein.
3. Split at St. Joseph in Akin Faction.
National Funeral for Pauncefote.
4. The Republic Form Chart. ,
Fair Grounds Races. - J
El Baseball Scores. J "J
6. Editorial.
Personal Mention.
7. Woman's Training School Graduates.
East Side News.
. Republic "Want" Advertisements.
Birth, Marriage and Death Records.
New Corporations.
9. Rooms for Rent and Real Estate Ads.
10. Stock Market Narrow, Outsiders Stay
Away.
Local Bank Stocks Boom.
U. Summary of St. Louis Markets.
Liquidation in Corn Breaks Wheat Mar
ket Bears Have Their Turn In Chicago.
River News and Personals.
12. To Build West End Apartment Houses.
Mark Twain Arrives In St. Louis To-
Day.
Girls Jumped From Window.
Fllrissant Creamery Sold.
New Troops at the Barracks.
, - K&Li '-;?"&? .HsK&l&S
f k hi slissikkJBHBmK-'-- 4bbMsMbKI?mw&S
sssssHs1ssssscib sssssssMsWi-vE
'- .sHMkSPFIjssssHHsI
i sssDa94CssssssSflSBHsB
9 1d4s9sBasPslBBBBBBBBBBH
sssssssssVa bsh
M .1LLKS
Tlie Trench
REPl'CLIC SPECIAL.
New York. May 2S. Sightseeing in
most arduous form to-day was the lot or
the French delegation ent to unveil the
Rochambeau statue.
It was the hrst act of the day. however,
for General Brugere to send Captain Vig
nal to the New York Hospital to inquire
concerning the condition of the persons w ho
were injured by the collapse of the stand
OHIO GATHERING ONE
OVATION FOR HANNA.
Senator Cheered in Season and Out
of Season br His Republi
can Adniiieis.
HE MAKES UP WITH BUSHNELL
Old Quarrel Apparently Forgotten
Platform Adopted After Ap
proval of the Powers
at "Washington.
The TicUet.
Secretary of State LEW W a LAYLl: of
Korwalk.
Judse of Supremo Court WILLIAM B. CREW
of McConneUsvIlle.
Fool ana Dairy Commissioner HORACE AN-,
KKNEY. of Xenia.
lleiiber of the Boara of llibllc Works WIL
LLtll KIRTLET, JP-. o: Dtflant-e.
Cleveland, O., May 2S. The Republican
State Convention, which has been a con
tinued ovation to Senator Hanna, closed
this evening with a gnat demonstration
in his honor, to which he responded in a
characteristic speech
The Senator at lormer State conventions
has sounded keynotes that have been taken
up by Republican glee clubs. He told them
to-daj to sing "Keep on letting well enough
alone" in the camp ilgn rallies this year.
The convention was distinguished for har
mony in all that was done. One of the last
reconciliations was that of Senator Hanna
and former Governor Asa S Bushnell of
Springtield. Tre latter had been here all
wtck, but Bii"hnril and Hanna never spoke
as the pased each other's quarters. They
had not spoken since the memorable contest
for the senatorshlp In 1807.
Before i;olng to the convention to-day
they met in the most cordial manner. The
deli-gates who "got them together" gave
glowing reports around the convention hall
of tho wav they were calling each other
"Mark" and "Asa" again.
t ENGLAND FLATLYDENIES
OFFERING AMERICA AID.
London, May 2S. In the House of
s Commons to-day the Parliamentary
Secretary of the Foreign Ofllce. Lord
Cranbome. replying to a question, in-
formed Thomas Gibson Bowles, con-
s scrvative, that he could find no trace
of any assurances, verbal or written,
having been given by Great Britain
to the United States previous to the
xi.tr between the latter country and
s Spain regarding the conduct or policy
of Great Britain with reference to
the war.
O
HARRIMAN BUYS BANK STOCK.
New York Financier Secures Inter
est in a St. Joseph Institution.
SL Joseph. Mo., May 2S. E. H. Harriman
of New York has added to his already
large commercial and industrial interests
In St. Joseph by taking a big block of
stock in the reorganized Tootle-Lemon
Bank.
On JUne 2 the Tootle-Lemon National
Bank will begin business with a paid-up
capital of J200.000,succeeding to the business
of the Arm of Tootle, Lemon & Co.
STATEHOOD BILL SIDETRACKED
Senate Committee Refuses to Fix
Time for Consideration.
Washir-ton. May 2S. The Senate Com
mittee on Territories to-day decided by a
formal vote against fixing any time for the
consideration of the omnibus statehood bill
providing for the admission of Oklahoma,
New Mexico and Arizona into the Union.
CA.MI.UN
Ambassador
in Fifth avenue esterday afternoon during
the parad- in honor of th" delegation. Ed
raond Bruwnert. the Consul General or
Trance has signified his intention of at
tending the funeral of Elvin S Ooolldg.
the man who was Killed by the collapse of
the itand.
This graceful ait is said to have been
inspired bv M Jules 'ambun, French Am
bassador in Washington, w ho has a faculty
for doing pretty things at the proper time.
EDISON PERFECTS
STORAGE-BATTERY.
Believes It the Mo.t Important
Invention Since He Solved In
candescent Liiihtiii";.
SATISFIED WITH ALL TESTS.
Applied to Runabout With Great
Success Wizard Enthusias
tic Over the Xew
Achievement.
ItnPCFiUC SPECIAL..
New York. May 2S Thomas A. Edison an
nounced to-day that he had jierfected his
new storage batterj to such an extent that
he believed it to be one of the most im
portant Inventions since he solved the In
candescent lighting problem. He was jubi
lant a he talked about it to those who
gathered in his laboratory In Llewellyn
park. West Orange N J.
"I believe" said he, "my battery satis
factorily fsolves the roblem of obtaining a
source of power for running automobile ve
hicles that will give a good mileage with
out renewal. It will not require expensive
care and will not depreciate, and, besides. It
will not weigh more than the ehicle that it
is .expected to drive I consider that the
battery, under pretent conditions, would
prove a great rueress commercially "
All T-ts ncf'FnhfuI.
Mr Edison -said that a series of tests had
been made which were succeisful in every
detail. The first test was with a light tun
about of the usual pattrn, equipped with
an electric motor driv en by tw enty-one cells
of the new battery, the weight of the whole
being 222 pounds. The vehicle was run by
Messrs. Bee and riels. two of Mr. Edison's
experts, over roads in the viclnltj of Orange
and Patcrson and on rough roads, including
numerous hills with grades, average from 2
to 12 per cent. A run of sixty-two mile"
wa3 made easily on one charge of the bat
tery, which was able to develop S3 per cent
of its speed at the start of the run.
On another occasion, he said, his men
started out with the object of running the
machine until It would not stir an lncn
The roads were soft from rain and In man'
place, were In wretched condition, but it
was not until eighty-five miles had been
run that the machine stopped. In each th
batteries were charged to twenty-nine
volts. At the end of the first test made the
volttge was twent-two, and at the end
of 'the second trial it had dropped to six
and three-tenths.
Mr Edison said an endurance run of 5 00
miles will be made next week, and if this
is satisfactory the manufacture- of the bat
teries for traction purposes will be com
menced t the Edison factory at Glenridge.
N. J.
Time In Charging Ilatterr.
It is the opinion of Mr. Edison that the
battery can, in an emergency, be charged
for a run of twenty miles in forty min
utes, or a whole night might be given to
charging it for a long run. He said the
cost of charging the batteries under nor
mal conditions will be about the same as
supplying gasoline to an engine developing
an equal horse power. The benefits will be
in the reduced cost of maintenance and the
saving of expense for repairs, to say noth
ing of the frequent annoyance caused by
stopping for "getting up power."
Mr.' Edison Intends to experiment at the
Edison workjawith a few pleasure carriages
and vehicles for heavy work during the
next few months and every conceivable
kind of test will be given them. He also
proposes to give the subject of street-car
traction some attention. The invention also
wiU be applied tc launches and small
yachts.
a
CVI'ITtM'-Ts iTi:itr.-ii:
V IN T1IIRU WTHI'WL DEAL. O
A group of capitalists, including J. s
Pierpunt Morgan, Janiet- J. Hill. J.
s Ogden Armour, F Wjerhaeuser.
George F. Baker and P. A Valentine.
representing some of the largest con- s
?oiidated interests in the world, have
at the invitation of Chart s II. Hut-
tig. ptesident of the Third National
Bank, become interested in that in- s
s stuution to the extent of controlling
lo per cent of the stock. s
s The purpose of their purchase, it is
stated. !- to secure a fouthold in St
4 Louia, which cits it to be u"eu as a
basis, of operations in the Southwest.
0 West and South 4
s It I- estimated that as the rf-ult of
the deal hundteds of thousands of
do!lnr' worth of business will be
t trail-acted in -it. laiui- which hereto-
fore was handled ir- other cities s
The deal is considered one of the
most important for this citj which
0 has been clu-ed for man jt-ars. It
4 will give a dt-positorj in St luh- fur
the Hill-Morgan-Armour-Weyhaeuser s
interests
a
James Jerome Hill, the railroad mag
nate, George F Baker, president of the
First National Bank of New York: the
Iiusiness iartner and friend of J. Plerponl
Morgan, J. Ogden Armour Y. Weyerhaeuser
and P. A. A al-ntine, have gained a finan
cial foothold In St. Louis bv the purcha-e
of 10 p-r cent of the Third National stock.
The-t prirces of finance have long had
their ee on St I.ouis as the future com
mercial and railroad center of the United
Mates, but it required the busin-ss sagacuj
01 rharles 11. Huttlg, president of the
Third Natonal, to Induce them to place
capital here.
Lai Februar.v Mr. Huttlg undertook to
inteiest the great financiers in St. Louis.
He we-nt to New York persotiallv presented
his plan to them, and tbrj were so well
pleas-d with It that they forthwith in
structed him to act as their agent in buy
ing on interest In the Thild National. With
out any delaj Ml Huttlg set to work, and
un Monday he was able to place his results
in the form of a report to the directors ot
his bank.
As a result of the transaction, hundreds of
thousands of dollars' worth of bigness will
come into St. Louis, and the Southwestern
country, which l- tributary to it. will b
supplied additional capital from the East tu
develop its resources The Morgan-Hill in
tciests will use this city as a base of opera
tions and new deals which thev have under
consideration will be financed from here.
The great lumber Interests of tte North
west which are represented by 1. ejer
haeuser of St Paul. are. It is said, to branch
into the Southwest, going through St. Louis
to develop the virgin forests of the uuU
States and Arkansas. The money required to
dev elop jdiese timber lauds will be banked
hert-. and supplies will be drawn from here.
Mr Wejerhaeuser Is considered the wealthi
est lumberman In the world.
HIUNS IJKI'OMT or
M'EEL CORPORATION'S "MONEY.
Shortly after the negotiations between Mr.
Huttig and the Eastern magnates a de
posit amounting in the average to MJ.W
from one of the dependent companies of the
X'nlted States Steel Corporation was given
to the Th'rd National Bank. Considerable
of the monev from the steel Interests will
hnd its was "into St. Louis hereafter.
J J. Hill, president of the Northwestern
Railway and the Northern Securities com-panj-,
which latter was organized to handle
the conMjlidation of the Northern Pacific.
Burlington and Great Northern rteras. has
long had his eje upon the Southwest. He
has fiequentlj expressed a desire to haie
a Southwestern outlt for his railroads and
St. Louis is known to be the city ol nis
While it Is denied that Mr Hill's visit
here last Sundav had anything to do with
the Third National Bank deal, it is gn
erallv believed that he came to secure more
definite Information upon the lluaon.
While here he manifested great Interest in
the city and predicted that its ftunr',ni0n
railroad center was greater in his opinion,
than any other city In the vv est.
Mr. Huttig stated yesterdav- that 10 per
cent of the stock of his bank had ben pur
chased by the capitalists named Their pur
chase he said, was a direct result of nc
gStiSioni into which he had entered w ith
them in Februarj while in New York in
the interest of the orld Fair.
1TIICIIC OF STOCK
....'cT.r. TUP T1 AACEi.
The stock purchased bv Mr Huttig for
the men he represented, he sas, vvas prin
cipally gotten from tb- broker" This ac
counts for marked advance In the stock dur
inc'thc last Tew months From time to time
snug blocks of phares were purchased, but
the general belief was that orders of in
vestors weie being filled The demand con
tinued strong, however, nnd as a result
ther- was a continued upward movement
from S250 and thereabout, to the closing
price of JS17 yesterday.
Various reason were stated by local
brokers and financiers for the advance. Th
chief of these was that the Third was
about to consolidate with som other St.
Louis bank It was said also that the rise
was due to Increased volume of business
and a splendid statement. .
Mr Huttig ssaid jesterdav that his bank
had not entered into negotiations for th
purchase or absorption of any Institution
at the present time
-We are always ready." he said, "to take
up anything which will be of advantage to
us. but there is no deal pending now le-.
we evpect increaed business, and it is
vers- likelv- that later the bank will increase
its capital or expand along the lines or a
consolidation, or both This, though, is a
matter for the future to determine.
Throughout yesterday afternoon many ol
the leading business men of the icitj C?"J
upon Mr Huttig in his ofllce at the Thirl
National Bank to congratulate him upon
the success of the successful termination
of his negotiations. Among those who
called were the leaders in all branches of
the mercantile Interests of St I3ul 'je
:.T. .k h..,i. nf rU-.il banking-houses and
trut companies.
THIRD NATIOWI. syrui.iv
FAVORED UY INVESTORS.
On account of the solidltv and conserva
tive management of the Third National
Bank for vear past, and the standard .t
has established, the securities of the In
stitution have been favorites among the
Investing classes of St Loul Its snar-s
have been largelv held by persons who
considered them permanent Investment
Tor this reason it was difficult to intro
duce outside parties into the institution.
Mr Huttig bcl'cved he could serve the
old stockholders and Incidentally the city,
so undertook to encage the outside capital
ists in the bank Single-handed he under
took thevtask. and the first official an
nouncement made to his people was at the
meeting of the Board of Director" on Mon
dav. To a man the directors approved the
propos-tion and congratulated Mr Huttig
iipon the success of his enterprise
A personal Interview took place between
Mr Huttig and President George T Laker,
president of the First National Lank of
New York, when Mr. Huttig was in New
York, last Tebruarv. Mr. Baker is an in
timate friend of J. P. Morgan, and the two
financial barons, have been engaged In nu
merous deals together. The First National
is one of the leading banking institutions of
the world. Besides this institution, the in
terest eneaced in the Third National Bank
control in New York the Bank of Com
merce the Morton Trust Company arid the
Jlteic-T;. . tC. nlcn hnlrn?.-hntlseS
unase Nniiumi ... ,.. ........
In cities throughout the United States.
The interview resuueu in -iir. xaisei up
coming deeply Interested in Mr. Huttig s
plan. After Mr. Baker, the other capital-
IStS Were Seen. aHU mc ini casu. ...is. ""
It was found essential to have a foothold
In St. Louis. ana cue iwun uucim 'J
enterprising president of the Third Na
tional presented more advantages than any
thing thought of up to that time.
ARMOl'R COMPAVT
OFFICIALS INTERESTED.
J. Ogden Armour -and P. A. Valentine,
president and treasurer respectively of the
Armour Packing Company, are not the least
Tn Ter Cent or the Stock Tranf err -d to J. J. Hill. George- F. I?aken,
ilotjrau and Other Powerful l.iteres-tM, Who Will Enlarge Its i
Facilities, to Accommodate the Glowing Financial Needs;
of St. Louis, and Southwest Capital "Will J!e In
creased and a St. Louis Bank May l!e 1'ur
cliaed Easterners: Will Have llepre.-enta
tion on !oard of Directms.
J plERPOHTOBiAjs f JAMEJ HiL.t-"
(jEorcte: y Qau BRC ATH -
of the piir. has. r uf the Third National
stock The interests of the Armour Pack
ing Company are do--lv allied In many ways
with the Hill railroad interests. The com-panv-
Is known to be among those who de
sire additional railroad facilities into the
cattle region of 'he Southwest.
The company is soon to become identified
closely with t- Louis by its plan to es
tablish in East St I.ouis a S.'.OWU'vO pack
ing plant. This proposition Is an assured
fact, and much of the business which will
come here through the company will be
done through the Third National Bank.
Th manv- new roads which oierate in the
cattle region of the Southwest, and which
have St. Louis connections and direct lines,
will make this city more Important every
vear for lacking-houses
Many local railroad men lock upon the
coming to St. Louis of the Hill-Moigan In
terests in the Third National Bank as the
Intention of that interest to spread into
the Southwest. It is thought that Hill, king
of Northwestern railnav- i- about to ex
tend his power, through the Burlington, in
to the Southwest.
When Mr. Hill was here last Sunday he
manifested unusual interest in the city and
suggested a" a means of the citv's better
ment a deep water in the Mississippi
Kiver from the Missouri River to the Gulf
of Mexico He was primarilly a rivvr
man. and appreciates the advantage of In
land navigation for Western cities. .
Of the various inttrests represented vy
the men who have become interested m
his bank, Mr Huttig would only talk In a
WILL MARE ST. LOWS WORLD'S
GREATEST RAILROAD CENTER.
"Five years will see St Louis the greatest
railroad center -In the United States."
Thus stated an oificial of high rank and 0119
of the members of the biggest railroad sjs
tem in the country jesterday. and he
en-phasized his statement by adding that
he alwas spoke conservatively.
"St. Louis has onlj half as many rail
roads as it ought to have." he said, "but
five years will see all of the present sys
tems, and the new ones to come, fighting
to enter this gateway.
"St, Louis is the natural trade center of
the Southwest. Just as Chicago has been
of the Northwest. The Southwest is prac
tical a new country. It Is a vast em
pire, almost untouched, and it is ricnly
productive in almost everything that brings
w ealth.
"And I want to go a little farther. I
base my calculators upon facts, I have
been studlng the situation and I want to
say that St Louis is going to reach into
the Northwest and carry, her products to
the Gulf. Then where will be Chicago's
claim to first place, not only as a rail
road center, but as a trade center?
"James J. Hill has the Burlington. My
own company has spiked the West in evtry
dirtctlun with steel rails and the observer
of railroad affairs knows that all the big
sj stems are plajlng the game of thtlr
lives on the chessboard, not only of the
West and Northwest, but the S.uthwest,
and epeciallj ure they giving their atten
tion to the moves in the Southwest. Prac
tically the biggest playing is in that sec
tion. "Hill is plavmg the Northwest and he's
also looking to the Southwest. The Goulds
are strong "in the West and are the heav
iest of all svstems in the Southwest, where
the farsightedness of Jay Gould began
operations many jears ago. The Bock
Island and the Santa Fe and the other
Pacifies are moving Southwestward. The
Frisco has appointed industrial agents for
Texas and the Territories. All roads will
appoint such agents.
1 mlcht make manv statements, but It
Is plain that the railroad financiers and the
railroad builders are going to FFike Texas
and the Territories oown hard and fast.
And what follows will go almost wholly to
upbuild St. Louis, and make that city to
take her place in the lead as a railroad
center.
"And whenever you find such a great
railroad center, sooner or later the financial
g!ints will follow. The deal by which Mor
gan and Hill now control the Third Na
tional Bank of St. Louis means that these
men and not only these men. but others,
the Rockefellers, tor Instance are going to
establish a financial headquarters in the
Southwest, the location St. Louis."
These same statements are made. In even-
case equally as strong, by the railroad
officials of St. Louis, w ho are f r? to speak
upon the subject. They say that a great
railroad struggle i coming: that the strug
gle will be over the Southwest: that, the
Southwest will be made the center of trade
and railroad activity, and conclude by Bill
ing it as their opinion that the result to
St. Louis commercially will be so great In
financial prepperity that the greatness of
St. Louis in the next ten ars cannot now
be appreciated.
The World's Fair Is considered a factor in
this future for St. Louis, but only that.
Railroad men say the present advance to
her position as the commercial leader of the
United States began some time ago. They
believe that St. Louis will go steadily for
ward at a rapid pace. St. Louis is in a
strong position, but as big as the city Is.
it is congested, and more railroads are
(HARL3JJ UTTIG.
general way He s'ated that it was his be
lief ultimate sood would corre to St. i-oiiis
because of their becoming interested heie.
The extent of the li;ent it is impossible)
to estimate at this time.
OITICUHs OF THE
THIltl) N TIONAI..
The capital stock of the Third National
Bank is lio'two. bs-ide which it nas a.
surplus ana uncavicieu prontr oi neany i.
I ICJW. Its officer:- are- Charles H. Huttbr.
I president: W. H Wells, vie- president; G.
V u.ilbraltti. c-asnier anu aonii j ciivivw.
assistant cashier: Gtorse T Cram. John
N. Drummonil. John S. Dunham. E. S.
Orr, H F Knight J K. M. Kehlor, Thos.
Wiicht and Me-.rs. Huttig. KelK Gai
bralth and Cool-e directors
it was tated bv Mr Huttig that at pres
ent absolutely no ehinge will be made in
personnel or the bank 1-ater the new in
,erets wll be given a member on tha
board, until which time he will represent
them, as he has throughout the operations.
The purchases of stork for each of the cap
italists was made by Mr. Huttig.
The Third National Bank had no other
agent throughout the transaction other
than Mr. Huttig It was his idea to Invlt
the financiers to take an interest In his
institution, and he secured them over th
heads of other banks, which have been
known to have made overtures to them.
Both stockholders and directors are unani
mous In crediting th merit of the under
taking to Mr. Huttis
r.e-ded. Railroad men say these are" bound!
When"Pres dent lngalH of the Big Four
was in St. Lou!" a few days ago. to attend
the most Important terminal m'eting ever
held In St Louis, he stated that he coulcl
not express hl surprise at the remarkably
conditions favoring St I-ouls. He looked,
over the plans for increased terminal facil
ities, and then h- stated that the plans
were good a far as they went, but that
thev would have to go farther, so much!
farther that terminals nun be a question)
for several years
"I do not beliee that any city in tha
country has better termlnnl facilities than,
t Louis he said, "and the management
1 'good. It is not that at all. The fact is
that the Southwest has so suddenly ope"f'
its enormous productive capacity at tho
feet of St. LcuL that the city is not ready,
for it. Whv. when 1 first looked at the elab
orate plans for expending almot tlO.onoOM
for terminal Improvements. I was surprise!!
how little that much money would do. t
then found that all the railroad executive
head present, like myself had com in
the conclusion that the b'gge-t job lny be
fore us that we hnd taken up In ear. But
these roads Intend to do the best possibly
at once, and to keep It up A e have get,
to do it."
DENIES MORGAN'S INTEREST.
Partner Says Financier Is ot in
Thild National Deal.
KKPCBUC SPECIAL.
New York. May "J When news was re
ceived in this city to-day that James J. Hill.
J. Pierpont Morgan and George F. Baker o
New- York had purchased an Interest In tha
Third National Bank of St. Louis the finan
cial district was deserted.
It was learned to-night, however, from a
partner of Mr. Morgan that the latter was
not In any way interested in the St. Louis
hanking insrtitutlor. George F. Baker, the
president of the First National Bank of
this citv- and James J Kill, a director of
I the same, are believed to be engaged In ex
tending the influence of the New York bank
In other cities, and it is said that In the
purchase of the Third National of St. Louis
they ar only following out a line of wort
long since planned
The tendency of the great banking houses
of New York has for a year past been to
Increase their capitalizations, and to get
men of varied interests, who are weU
known In the financial world. In their di
rectorates. This has been done In the caso
of the City National and the First National.
It Is also said to be the purpose of Mr.
Baker to establish a chain of banks In tho
large cities. In New York the Chase Na
tional and the First National, two of tho
leading financial institutions, work together
as affiliated banks. The First National Is
one of the three banks In this city with a,
capital of JlO.WO.OOii.
-be hanking laws prohibit ownership of
one national bank by another, but cannot
prevent the same set of capitalists control
ling a chain of national banks. The First
National Bank of Chicago has been pur
chased by a syndicate with which Mr.
Baker and Mr. Hill are Identified. Ths
same set of men now have secured tho
Third National of St. Loins, and while
practlcallr owned by the same clique, they
are technically distinct corporations.
The fact that J. Pierpont Morgan is a di
rector in the First JCallonal 01 this city.
Mr. Hill also serving in a similar capacity,
is unrinosed to have given rise to the reoort "
that Mr. Morran Is interested In the pur
cuase ol we iuuu nation ut au .
.,J-J
)
- ... .- -bf -?J f.Javr.) .j.5 ..
e?:.?'se.St-3-.--fr.-yQws. ?.
, J--? ' &
s..-.y. .pw. V.
3r- V J-. ia
.v. i-? .Jsriaf.s tttWfcg q ?-&3 &$