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THE EVENING TIMES
The Brightest. Newniest and Best livening \eu*paper In North Dakota. VOL. 1, NO. 243. President Roosevelt Perfecting Arrangements for An Early Visit to the Isthmus and the Big Ditch Which Uncle Sam is Now Building. BATTLESHIP LOUISIANA WILL BE' WS" FUCSIHP He Will Go Aboard at New York on Nov. 8—Official Notice Posted. VaudiM Preaa to The Bfeilii Times. Philadelphia, Oct. 22—Official notice has been posted at the League navy yard to the effect that the cruiser Washington will leave, on or about Nov. 1 for Hampton Roads. The Tennessee, it is expected, will pass out a couple of days later, and the two warships will escort President Roose velt on his trip to Panama. The president has selected the new battle ship Louisiana for his flagship during the voyage. His plan now is to go aboard the Louisiana at New York on Nov. 8. BRYAN IN INDIANA. Associated Pi*** to The Gvnli( Times. Indianapolis, Oct. 22.—William J. Bryan came into Indiana today to con tribute his aid in the election of the democratic candidates for statie office and for congress. If the Itinerary mapped out by the democratic state committee is .carried out the three days beginning today will be about as stren uous a period as the distinguished Nebraskan has put in since he was campaigning for the presidency. Twen ty-nine speeches is wtiat the three days" program calls for. Twelve speeches are on the list for today, which Is being spent in the southwest ern part of the state, beginning at Brazil this morning and closing at Evansvllle tonight. Tomorrow will be devoted to the gas belt cities. To morrow night he will address a big meeting.in thin city, and on Wednes day will go into the north central part of the state, winding up in the evening at Fort Wayne. Scarcely will M~ Bryan have concluded his Indiana itinerary wlhen Vice President Pair banks, Senator Beveridge and' other re-, publican leaders will follow along his trail to offset the influence of his speeches and endeavor to keep the Hoosier state in the republican column. LIFE UNDERWRITERS. Aaaoclated Preaa to The Hraitic Tlmra. St. Louis, Mo., Oct 22.—Extensive preparations have been completed for the seventeenth annual convention of the National Association of Life Under writers, which is to be held in this city during the three days beginning tomorrow. Headquarters were opened today at the Southern hotel, and the Olympic theater has been secured for the convention sessions.. New insur ance legislation, rcently enacted cr proposed, the elections now on for new boards of directors in the big life com panies, and several other matters will combine to make the present conven tion the most important in the history of the national association. HEAVY LIFE LOSS. More Reports of Fatalities from the Recent Hurricane. Miami, Fla., Oct. 22.—Steamer St. Lucie was crushed by the high waves of last week's hurricane, and of 100 persons on board, thirty-five were lost. Steamer Peerless lost about the same number by being blown off the vessel. Launch Elmora capsized and it is thought is a total loss, the houseboat Theta, north of Jupiter, turned over and a few persons were hurt. There was heavy loss of life on Dregers at Ixng Key. OHIO FIELD TRIALS. Aasoelated Preaa to Thr Evenlnic Tlmra. Washington Court House, O., Oct. 22.—The ninth annual meet of the Ohio Field Trials association began on the association's preserves near here to day and will continue through the week. The entry list is large and from present indications the meet will be one of the most successful ever held by the association. W. CARRIAUA XIILDERS MEET. I'KM Cable to The Kvealaa Atlanta. Ga., Oct. 22.—To judge of the air of prosperity surrounding the scores of carriage builders now in Atlanta, the carriage building indus try apparently has not suffered be cause of the increasing popularity of the automobile. The carriage builders ara here to attend the thirty-fourth annual convention of their national as sociation, which has beeu ih contin uous existence since 1872. Nearly every state of the union and the province of Ontario are embraced in the membership of the association. President A. G. Brunsman of Cincin nati will preside over the sessions, which will continue through the week. Ths program provides for the discus sion of many questions of interest and importance to the trade. A large ex hibition of vehicles, parts and acces sories, with harness and other carriage equipment, opened today in conjunc tion with the convention. The exhibits number several thousand and All all the available space in the mammoth manufacturers' building in Piedmont park. ANTI-TRUST CASES. Associated Preu to The Rvealaa Tlnien. Little Rock, Ark., Oct. 22.—Individ uals, companies and corporations that are charged with violating the Arkan sas anti-trust law will occupy the cen ter of the stage In the Pulaski county circult court for several weeks to come. The court docket contains one of these cases for every day this week, and it is probable that the trials will run oyer into a good part of November. Among the defendants, and all of whom are charged by Attorney Gen eral Rogers with violating the anti trust law, are the Southern Cotton Oil company, International Harvester com pany, Dixie Cotton Oil company, Wa ters-Pierce Oil company, Swith & com pany, Cudahy Packing company, and the Consumers' Ice Co. I HEM! SNOWFALL Six Inch Blanket of the "Beau tiful" Fell in Minnesota Sunday. Aaaoclated Preaa to The Gnalig Tlmea. Duluth, Minn., Oct. 22.—A blanket of heavy snow, six inches or more, fell last night in northeastern Minn esota, .covering the Vermillion and Mesaba ranges, and extending as far west as Fosston, Cass Lake, Bemidji, Virginia. Evelyth and other cities re port a heavy snow. STOLE ISO,000. Aaaoclated Preaa to The Bvealac Tlmea. GoldfWld, Nev.. Oct. 22.—The Hayes-Monette lease on the Mohawk mining property was robbed of $50,000 worth of ore Saturday by a band ol robbers whose operations were of the mpst daring- character. Just before daybreak four men drove up to the Hayes-Monette shaft house and jump ed from the wagon. Entering the shaft house, they ordered the two en gineers to throw up their hands. They were heavily armed and under their drawn weapons ordered the engineers to carry 28 sacks of high grade ore from the shaft house to the wagon. After making the engineers load the wagon the robbers drove off. An alarm was given but the robbers have not yet been apprehended. JEWELS STOLEN. Associated Press to The Gvealag Times. New York, Oct. 22.—Mary Charters, a servant in the home of John H. Clews, has been arrested on suspicion of being implicated in the theft of $10, 000 worth of jewels. She refused to make a' statement and was held in $10,000 bonds. GERMAN LUTHERAN. On Sunday last the new flue German Lutheran church at Kramer, N. D. was dedicated with appropriate services, the Rev. F. W. Fotriatz of Willow City, preaching the morning sermon and the Rev. A. Parge of Fargo, preaching in the evening. A large numfber of the adherents of the German Lutheran churches at Willow City, Gardena, Landa, Omemee, Deep River postoffice, Upham, Russell. Souris. Lansfird. and even from far-away Manitoba, was present. MAC FADYEN SUICIDED. Head of Bankrupt British Firm Threw Himself Before a Train. Associated Preaa Cable to The Kvealaa Tlmea. London. Oct. 22.—P. MacFadyen, head of MacFadyen & Co., the bank ers whose suspension was anrrunced Saturday, committed suicide within at. hour after posting notice of the fail ure on the door of the bank, by throw ing himself before a train in the tun nel about half a mile from his place of business. MacFadyen appears to have gone direct from his bank to the station of the City and South London railway, to have entered the tunnel unobserved, and deliberately lain down in front of an approaching train. The engineer reported, having run over an obstruction in the tunnel and a search revealed the shockingly mutilated body which today was iden- THE THAWS DO NOT FEAR THREATS OF JEROME Aaaoclated Preaa to The Bveala* Tlmea. New York, Oct. 22.—The following statement was made today by Clifford Partridge, counsel for Harry Ken dall Thaw, bearing on District At torney Jerome's remarks before Re corder Goff yesterday: "There is nothing In the insinuation of the district attorney that somebody else might be indicted in connection with the Thaw case. This was given out by the district attorney from the real points at issue, to-wlt, the fact that the district attorney of New York county had been using illegal methods to deprive a man charged with mur der of his proper rights under our laws. "If the district attorney is going to Indict anybody In the Thaw case, where has he been resting all the time since the shooting occurred without having the indictments made?" Mrs. Harry K. Thaw said today that she is not in the least worried over the Intimation by District Attorney Jerome yesterday that another person in addition to. Harry Thaw may be In dicted for the murder of Stanford White^ Mrs. Thaw met A. B. Pea body, of her husband's counsel, when she made her regular visit to the Tombs today, and the attorney was with her when she spoke of Mr. Jer ome's statement. La Moure, N. D., October 19, I.90G. Hon. C. J. Fisk, Hon. Eld. Engerud, Hon. Guy C. H. Corliss, Hon. N. C. Young, Hon. S. L. Glaspell, Hon. J. S. Watson— Ex-Judges, Railroad Attorneys and Politicians. Gentlemen: I notice from your work that you are each supporting a por tion of the democratic ticket this year. There are a few things I, as a hum ble voter, would like to understand, so as to make certain that my vote may be effeotly placed. 1 am sure you will pardon me for intruding on your val uable time. Is tile following statement composed of facts and truths or not? It la Said of Judge Flak. That in 1896 and for some years prior thereto Hon. C. F. Templeton was judge of the Grand Forks dis trict, and that he became so thorough ly impressed with the dignity and honor of the position that he failed to look after his political fences and that then you. C. J. Fisk, went In, made a canvass and Templeton lost at the convention. Then It is said in 1900 and again in 1904 you, Fisk, made a red-hot canvass for votes, going from town to town, and village to village, making almost a house to house can vasB, and that in 1906 you, Mr. Fisk, went to Minot and sought the nomina tion for judge at the hands of the dem ocratic convention, which you ob tained. And it is said of Bd. Enfferad That you entered the republican con vention of Ransom county in 1896, and after considerable trading you won the nomination for state's attorney: that not being large enough your en tered into a trade by which you se cured the position of assistant state's attorney of CaBs county, and moved TRIAL FOTI ASSAULT Third Trial of Manuel Perez for Criminal Assault Be gan Today. Aaaoclated Preaa Cable to The KveninK San Antonio, Texas, Oct. 22.—The case of Manuel Perez came up in the district court today for a third trial. Twice the accused has been tried for criminal assault on a Mexican woman named Navarro, and both times the verdict was guilty. The court of ap peals reversed both verdicts. Perez was in company with another Mexican when the alleged assault was committed, but the case against the other Mexican was dismissed, as he turned state's evidence. The testimony at tjie two previous trials showed that the* woman was with her husband when she was assaulted. They were on their way to San Antonio and were about ten miles from the city when they were accosted by Perez and his companion. While one of the men held the woman's husband, the other drag ged her into the brush and assaulted her. ON THE DEFENSIVE French Preparing For Upris ings in Morocco In November. Aaaoclated Preaa Cable to The Evealag Tlmea. Oran, Algeria, Oct. 22.—The moun tain battery under the command of Lieut. Beiebenne has been ordered to Tafilelt. The French plans are strict ly defensive. Risings of importance in Morocco are not expected till the middle of November, at the end of a month of feasting and fasting, follow ing the Ramadan festival. SCOTTISH RITE MASONS. Associated Preaa to The Kmui Times. Kansas City, Mo., Oct. 22.—James D. Richardson, grand commander of the supreme council of Scottish Rite Masons, is in Kansas City as the guest of the Scottish Rite Masons of western .Missouri. The occasion is the annual fall convention of the order to be held here this week for the conferring of the Scottish Rite degrees on a large class of candidates from Kansas City and from Missouri at large. THE WEATHER. North Dakota—Fair tonight and Tuesday, rising temperatures. A SQUARE DEAL FOR ALL THE EVENING TIMES GRAND FORKS, NORTH DAKOTA, MONDAY, OCTOBER 22, 1906. to Fargo ambition still unsatisfied auother political trade was made and you were appointed assistant U. S. district attorney, and later when Judge Cochrane died during the con vention at Grand Forks you are said to have seen the political leaders, and you were nominated for judge. It is further said that, prior to this, you ran against Judge Pollock on the dem ocratic ticket for district judge. And it is said of tiny C. H. Corliss. That you were nominated at the (irst state convention for judge (by the way, said to be a convention all which was done more "wire puiling and cat hauling" than at any convention ever held in this state), and that though, you were only 30 years of age you were so nominated to satisfy the clamor of certain politicians of Grand Forks' and that you continued as judge until succeeded by Judge Young, writing opinions long—long—long." Then it is said of Judge VOUK That you had been state's attornev of Pembina county only, and was "Jud LaMoure's candidate," a "tool of the bosses." the "mechanism of the rail roads," hut you wrote decisions for years, and was then made a member of the leading railroad law firm of the state, a position which they say pays more than double what you could earn on the bench. And it is said o! S. I- Glaspell That for six years you got the nomina tion as state's attorney by convention trades that in the same way you se cured the position of city attorney, and in the same manner was made a mem ber of the territorial legislature. It is said that in 1896 through political trades you were enabled to control the Valley City judicial convention and through trades you defeated Judge Rose, that through trades you were The Russian Ship Warjagin Struck Floating Mine Near Vladivostok, Siberia, and Went Down, Together With Qne Hundred and Eighty. AMERICAN STEAMER HB1 SMASHED ON KM COAST Ocean Calamities Reported From Many Points on the High Seas. London, Oct. 22.—A dispatch received here from Vladlrostock by Lloyds Agency, says the Rns* sun wooden coasting steamer Warjagin struck a floating mine and foundered on October 20. Some of her passengers and crew 8 were saved, but 180 persons were drowned. Associated Preaa to The Efeilit Tlmea. Norfolk, Va., Oct. 22.—The steamer George Farwell. timber-laden, from Jacksonville, Fla., for New Haven, Conn., is ashore off Cape Henry and will probably be a total less, but all on board were saved. Capt. J. D. Chis holm and his crew of .fifteen men were landed from the wrecked steamer to day by the life-saving crews from the Cape Henry and Virgina Beach sta tions. The steamer, laden with 575,000 feet of cypress timber, went ashore in a gale last night. She left Jackson ville, Friday, Oct. 12. From the start she encountered heavy head winds and was forced to go far out of her course. At her best she could not make more than seven or eight knots an hour, and for ten day's she crept along at a speed far less than this. Whan Hat- I teras was passed late Friday night. Capt. Chisholm found his fuel running low and knew that he could not main tain steam by burning part of h'.s (Continued on Bottom of Page Four.) Killed Mother and Babes Cedar Rapids, Iowa, Oct. 22.—A Chicago and Northwestern train eastbound near Low den yesterday afternoon struck a carriage containing Mrs. Charles Luett and the two chil dren of Mrs. Luett's brother-in-law, William Luett. All were instantly killed, oaby girl. The accident occurred at a grade crossing two miles east of Lowden. again nominated in 1900, and that in 1904 you tried hard to secure the re publican nomination and having noth ing to trade you failed, and it is said that you at once made a trade with the democrats by which you secured their nomination, but were defeated at the I polls. And it is said of John S. Watson That you are the great railroad lawyer, vhose chief aim it is to know that th judges from district lo supreme court are "right." And it is said that with ex-Judge Young, now your partner, and Judge Kngerud, after confering at St. Paul (with whom there?) you se lected the Grand Forks democrat as Judge Young's successor. This you and each of you are said to have always been political traders when your interests seemed to affect you that way. I was at the Jamestown convention. Judge Knauf didn't seek his nomina tion at that convention, didn't even at tend a session of the same. It came to him unsought and unasked. The St. Paul conference nominee combination seemed to have been broken. And now I am told that you are each opposing Judge Knauf, and I would like to know if the fact that you old office-holders and perpetual office seekers are out, and that Judge Knauf wasn't named by the railroad attor neys, makes any difference in your support of Judge Knauf. I understand that you have individu ally received at the public till official salaries about as follow^ C. J. Fisk $35,000 Ed. Engerud 15.000 Guy C. H. Corliss 40,000 N. C. Young 37,500 S. L. Glaspell 33,000 A total of $160,500 I shall be pleased to hear from you, and beg to remain Ycurs for information, C. I. HUTCHINSON'. Montana Senator Not a Candi date for Re-election— "Mentionees." Helena, Mont., Oct. 22.—Though Montana does not elect a state ticker this year, the political situation is full of interest nevertheless, for nearly an entire legislature is to be elected and this legislature will choose a succes sor to Senator William A. Clark, who has announced that he will not again be a candidate for the senatorship. The candidates for the senatorship are as follows: Democrats—Joseph K. Toole, the present governor of the state: H. L. Frank, formerly chairman of the state committee, who was interested in the election of Senator Clark, and W. G. Conrad. Republicans—Lee Mantle and Joseph M. Dixon. Mr. Dixon is at present in the house of representatives, but is not a candi date for re-election to the house. The Federation of Labor has made objec tion to some of his acts while in con gress and may fight him, but not, it is believed, as strongly as It has carried on campaigns in some other states. BALLOWLCEISON With Automobiles in Pursuit —Ships Headed for Troy, New York. Aaaoclated Preaa to The Brnlif Tlmea. Plttsfield, Mass., Oct. 22.—The two balloons. Centaur and Eagle, made an ascension here today to participate in the race originally planned for Sat urday last, but postponed on account of unfavorable weather. Three auto mobiles also started in a pursuit race with the airships. The balloons head ed northwest about in the direction of Troy, N. Y. The sky was overcast. PROFESSIONAL PLAY. Associated Press to The KVCBIBR Tlmea. New York, Oct. 22.—All arrange ments are complete for the open cham pionship proper will take place on the first day, and the morning of Wednes day will be given over to a four-ball foursome. Fatal Accident nt Anaconda, Montana. Associated Press to The Bmlai Tlmea. Anaconda. Mont., Oct. 22.—Two men were killed five miles east of this city by a runaway car of ore last night. Tho dead: Rosario 1-aivucci and Basil Hoyt. Lalvucci was torn to pieces. A faulty coupling was the cause of the accident. except a CAROLINA HOME-COWING. Associated Press to The ESrealanr Tlmea. Columbia, S. C., Oct. 22.—"Auld Lang Syne' week in South Carolina began today, with the state fair in this city as the center of attraction. Hundreds of former South Carolinians, now resi dents of other states, have returned for the "Old Home" celebration, and many more are on their way. The ex hibits that make up the state fair, which opened its gates this morning, are calculated to open the eyes of those who have not followed closely the recent progress of the Palmetto state in manufactures, agriculture, live stock raising and other industrial pursuits. In its feature the fair marks a distinct advance over the similar ex hibitions in the past. The displays in every department are more numerous and varied than ever before, while'the entertainment and amusement fea tures are far above the average. An excellent program of races has been arranged, beginning today and contin uing till the end of the week. AFTER SANTE FE. I*. S. Authorities Will Investigate Com pany for Alleged Rebating. Associated Preaa to The Bvealag Tlmea. I»s Angeles, Oct. 12.—United States District Attorney Oscar Lawler has started the machinery of the United States government in an investigation of the Santa Fe rebate situation in southern California. He would not dis cuss the situation but it is known that Mr. Lawler had the United States mar shal's office send out subpoenaes for certain Santa Fe officials, local truck company officers and officials of the local furniture concerns. These officials are directed to appear before the United States grand jury with books and papers as exhibits bearing on freight charges, agree ments and arrangements. BEACHETrate STREWN Honduras Coast Line Marked With,Many Wrecked Vessels, Aaaoclated Preaa to The Evealag Tlmea Mobile, Ala., Oct. 22.—The first news of the terrible West Indian hurricane that visited the towns of Ruatan, Tela, Utllla, Colorado and El Provence, Honduras on Oct. 12, was brought here last night by the Norweigan steamer Harald, with a cargo of fruit. A number of vessels were wrecked, several destroyed and buildings in each of the towns mentioned were bad ly damaged. The loss to owners of fruit plantations will, it is stated, reach almost a million dollars. The British schooner Southern Queen was thrown on the beach at Ruatan and went to pieces in less than an hour's time, and the Harald suffered some what and will have to be docked. A tidal wave accompanied the hurricane and swept everything before it. Capt. Henrichsen reports that when he left, the beaches were strewn with vessels. WHITE SLAVE CONGRESS. Aaaoclated Preaa Cable to The Kvealns Times. Paris, Oct. 22.—An international con- gress, relative to the "white slave" traffic, assembled in Paris today. The congress has for its object the elabora-. tlon of more effective means.than those employed at present for the repression of the traffic in girls of the humbler classes, who leave their rural and iro vlncial homes for the purpose of ob taining employment in large cities. ACCOUNTANTS MEET. Associated Press to The Evealag Tlmea. Columbus, O., Oct. 22.—Many dele gates are arriving in Columbus for the annual convention of the American Association of Public Accountants, which begins a three days' session here tomorrow. The association now represents by affiliation all societies of accountants throughout the United States. Its objects are to maintain a high standard of efficiency, intellectu ally and morally, among its members, and in this way continually increase the usefulness of the accountancy pro fession to the commercial community. BLIZZARD AT PUEBLO. Associated Preaa to The Bvealait Tlmea. Pueblo, Col., Oct. 22.—The blizzard had slightly abated this morning. Railroad and street car traffic is badly crippled, however the Rio Grande railway west of Pueblo, having suf fered most from the snow, which is unusually heavy along its line. Trains from the east are also late, and cattle and other stock on the ranches suf fered from wet snow and cold. WILL BE CONFISCATED. Aasoelated Preaa Cable to The Rvealna Tlmea. Victoria, B. C.. Oct. 22.—The Japan ese schooner Suian Maru is held here for attempting to run a number of Japanese into Canada. Twenty-two Japanese out of fifty-three on board were landed twenty miles from he,'e Friday. Nine have been apprehended. The detained schooner is liable to con fiscation and a fine of $100 for each man not listed. The captain said thai heavy weather had blown them from the Copper Islands, where they had been fishing. The schoonei was short of water. The Evening Tlmea Standa far Nirtk Dakota Interests at all Times and Under all Circumstances. EIGHT PAGES. PRICE FIVE CENTS Terrible Accident in the First National Bank at New Rock ford, Eddy County, N. D., Saturday Night, Through Explosion of a Lamp. J. E. HYDE, CASHIER, WRAPPED III FIERCELY BLUING FIRE Flesh Dropped Off Hands— $1,000 in Paper Money Damaged. Special to The Kvenlaic Times. Carrington, N. D.. Oct. 22.—A very bad explosion of gasoline, which came very nearly being attended by a fatal ity, occurred Saturday night at New Rockford, Eddy county. North Dakota. The victim, J. E. Hyde, is cashier of the First National bank of New Rock ford, and was formerly cashier pf thfv. Did Red River Valley bank at Fargo. In the evening after his bank id closed its business Saturday, Mr. Hyde and his wife, who is bookkeeper, were engaged in going over the cash. They had between $4,000 and $5,000 in cur rency' and gold on the counter, and were counting it over when a large gasoline lamp which hung over .Mr. Hyde's head, suddenly exploded, throwing burning oil over his head and shoulders, on Mrs. Hyde and on the currency which lay loose on the counter. Mr. Hyde, enveloped in flames rushed into the street. A passerby, jerking off his coat, wrapped the burning man in that garment and smothered the flames, not before the victim had been terribly blistered, however, Mr. Hyde's hair was en tirely burned off his face and shoul ders, and his hands wer? so bally cooked that the flesh dropped off. His eyesight was also affected, but It is believed the the vision will be spared. Mrs. Hyde was also burned some, but not so badly as her husband. In addition to the above, damage to., a considerable extent was done the building. The New Rockford Trans cript, with offices in the bank build ing, suffered some through the burn ing of the flames under the floor of the bank. Something like $300 in five, ten and twenty dollar bills was con sumed, while about $700 in currency was badly mutilated, but can be re deemed. The total damage will amount to about $1,500. BANKING HOUSE QUITS. Aaaoclated Preaa to The ISvealus Tlmea. Tlmea. London, Oct. 22.—P. MacFadyien A Co., the London house of Arbuthnot & Co., bankers of Madras, announced this afternoon that they had been com pelled to suspend payment. This firm did considerable Indian banking busi ness. The cause of suspension was not divulged and the amount involved is not known. FUNSTOX TO 'FRISCO. Aaaoclated Preaa to The Bvealas Tlmea. Washington, Oct. 22.—Gen. Funston has left Washington for San Francisco to .turn over the command of the de partment of California to Brig. Gen. John J. Pershing. STORM IN COLORADO. Aaaoclated Press to The Bvealag ftaaea. Ellis, Kas.. Oct. 22.—Colorado's snow storm is passing east and pre vailed today in western Kansas. Pas sengers reaching here this morning on belated eastbound trains report a heavy snow storm in progress between Ellis and Denver, at some points as suming the proportions of a blizzard with from four inches to one foot of snow on the ground. The temperature is moderate, however. WABASH WILL ISSUE TWO HUNDRED MILLION BONDS Toledo. O, Oct. 22.—The stockhold ers and debenture bondholders of the Wabash railroad, at a special meeting in this city today, authorized the issue of $200,000,000 of refunding four per cent bonds and increases in the com pany's preferred and common stocks. The proposed increase in the com pany's preferred stock is $16,500,000, which will raise the preferred issue from $24,000,000, the amount now out standing, to $10,500,000. The conv.-.on is to be increased by $81,500,000, which will raise the total authorized issue of common stock from the present figure of $7s,000,0l), of which $38,000,000 is outstanding, to $159,500,000. These increases are greatly in ex cess, especially in the case of the com mon stock, of the amount needed lo retire the debetures, according to the terms agreed upon between the de benture bondholders and tho Wabash railroad. The increase will raise the total authorized capital stock to $200, 000,000, which is the amount of the Issue of refunding four per cent bonds. This arrangement is in keeping with the laws of some of the states through which the Wabash passes, which re quire that, the bonded indebtedness of a railroad shall not exceed the amount of the authorized capital stock.