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4 *V CLOSE STOCK EXCHANGE IN \, Embarrassment of Westing'' hsusp Electric Interests Probably Necessi/v t, |^ting Receiver ship Cause KNICKERBOCKER IN ^CHARGE OF EXAMINER Depositors Notified That the Bank Would Not Resume Payments Today—Cor telyou to Remain in iN New York. Oct. 23. —Secre tary of the Treasury Cortelyou made large deposits in the local banks today. He Is In close touch with the present situation and believes he is able to cope with it: Fifteen bank examiners were sent out this morning to various parts of the city and reported at 11 o'clock that there had beep nothing in the nature of a run op any financial institution except the Trust Company of America, and. that conditions at all other banks and trust companies wt^e normal. ....Call money opened high. At, noon it was lending at 70 per cent. It rose t0 90 per cent before 1 •o'clock. O— TWw Yoirk. Oct. 23. Secre tary Cortelyou said today "I will be here throughout the day and as long as the situation seems to need my presence." Acting State Superintendent of Banks Skiner, took possession of the Knickerbocker Trust com pany and its branches this morn ing. He said there would be no further resumption of business by the Knickerbocker until he had thoroughly investigated its condition. "O Pittsburg, Oct. 23.—The stock ex change didn't open, this morning, the members deeming It advisable that the exchange remain closed tempor arily owing to the demoralized feel ing in Westinghouse Electric. President Hall of the stock ex change issued the following state meat: "The Security Investment Co., finds itself involved and this will necessi tate a temporary suspension or a re ceivership for the Westinghouse Electilc company. The Westinghouse Machine Co., and the Fernst Lamp "Manufacturing company are in an absolutely solvent condition. Tho ^.condition of the Security^ Co. will in -no way affect the Union Switch and Signal Co. and the Westinghouse Air Brake Co. I would like it explicitly ^understood that It was at the request of the Pittsburg clearing house that -'we have suspended trading temporar ily." Asks for Receiver Today. The petition for receiver for the .concerns named will be made today. "^Bankers interested r:. .jress no doubt of pulling the companies through suc cessfully. The embarrassment of the concern is attributed to inability to secure funds on account of stringency in the money market. The amount in volved will run up into, the millions. •H Knickerbocker Still Clos-**. r- New Yory, N. Y., October 23.— The Knickerbocker Trust Co., an nounced to depositors who were wait ling at Its main office that it would not .resume payments today. Crowds ^gathered at the front doors of the '•'.Knickerbocker and the Trust Co., of 5. i* America and its branch early today. :Oakleigii Throne, president of the American institution, stated that he %had plenty of cash on hand and was ^prepared for all emergencies. The an noun cement was made that Thome 'had sold control of the Georgia rail road He declined to say to whom the -•-railroad had been sold, but denied it was the Rock Island interests. Stock Market Demoralized. The opening of the stock market gave evidence of demoralizations but severe pressure converged on but few stocks. The range of decline in many •of the active stocks was restricted -to a point. Deleware and Hudson fell •-11 points. Union Pacific 5%, Northen Pacific 4, American Snuff. 25, others rror.i one po*nt to 3 Westinghouse El ectric declined 19%. Rally in London. London, Oct. 2". —The premise of Eor.retarv Cortelvcu to place large de posits nf government money in the •New York banks has created a favor able impression on the stock exchange nd today the American section rallied. Ij* i%y, unit HI iimij'1 PW1P§ V! V* Tcwt# jft .^ The "Strobel" had circled several times about the inclosure over the heads of the shouting multitude and Dallas had turned his balloon back towards the tent occupied by the sol dier guards' when suddenly the gaso line engine which turns the propeller stopped, leaving the aeronaut power lessly floating 500 feet in the air. TRUST CONTROL IS DEMANDED CIVIC CONFERENCE SPEAKERS DO NOT FAVOR GOVERN MENT OWNERSHIP. Chicago, 111., Oct. 23.—(Special)— Government control of railrbads and other utilities, as a means of averting the peril of government ownership, was the keynote of the addresses at the first day's session of the confer ence on trusts and corporations yes terday In Music hall. The conference is held under the auspices of the in dustrial department of the National Civic federation. Five--hundred dele gates are attending from forty-two states. President Nlcholap Murray Butlef -(Sf COtoiribKf uftiVeraity presid ed. Following are some of the state ments expressed by leaders of the conference: William Dudley Foulke— Government control of railroads is wisely putting off the day for govern ment ownership and operation which would otherwise be very near us— putting off until a time 'when the state itself shall be far better equip ped and qualified than now to assume the duties which may be found to be inevitable. Seth Low— However great the fear of the com mon people maybe of centralization of government, I think that fear will prove to be less great than their fear in corporations controlling the high ways of commerce. Nicholas Murray Butler—•_ Unless we propose to wreck the whole economic basis upon which our happiness and prosperity rest, we must have a care that we so speak and act as not to disturb that faith and confidence which civilized man has in his fellows, and upon whioh rests the whole enormous structure of our credit system. Destroy that and there will not be many public service or other corporations left to regulate for some time to come. Theodore Harburg— Suppress discrimination, compel the trusts by law to sell at one price to all comers at the, factory door. That would re-establish the open door. Wade H. Ellis- Let congress require every corpora tion to attend to its own business in its own name without the power to own stock in other corporations and we shall have no fear of the evils of corporate wealth. EDITORS MEET AT JOLIET. Newspaper Men From All Parts of Il linois Discuss Subjects Inter esting to Them—Visit Prison. Joliet, 111., Oct. 23—Editors and pub lishers of dally newspapers from all parts of Illinois are in Joliet to partic ipate in the annual convention of the Illinois Dally Newspaper association. Between seventy and eighty delegates are expected. The business sessions are held in the rooms of the Commercial club. The principal social features are a tour through the penitentiary this aft ernoon, with a reception and banquet in the evening at that institution. RECORD-HERALD WINNER. Chicago Pap?r Made Defendant Libel Case at Fairfield, Victor in Suit. in Fairfield, Oct. 23. Judge Vermil ion yesterday reconvened the district court and the Jury in the case of George D. Henry vs. the Chicago Record-Herald brought In their verdict which was in favor of the defendants. The jury had agreed upon a sealed verdict at an early hour la.?t Sunday morning, and as court would not be opened until Monday morning, thoir verdict was unknown. From the evi dence introduced, the verdict was a surprise. Another Cement Plant for Iowa. Mason City. Oct. 23.—Four cars of material for the Lehigh Cement com pany arrived yesterday, which indi cates a second large cement plant 'here. I r/l V--C mm *m 5^j^ uwi"i,T Hr IBJldBD e^BJg ^ajoos ITS01.I018IH aims VOLUME 60 OTTUMWA, WAPELLO COUNTY, IOWA, THRTJSDAY, OCTOBER 24, 1907 DALLAS HAS NARROW ESCAPE AT ST. LOUIS Operator of Airship Which Electrified Ot tumwans During Ollepaw Carnival Runs Onto Wires in Trial Flight Captain Jack Dallas, the daring aeronaut who electrified Ottumwans with his spectacular flights during the recent Ollepaw carnival, narrowly es caped death in a trial flight at St. Louis yesterday. The Strobel is a favorite in the big airship race which starts at St. Louis -this afternoon. Dallas remained in the air at an elevation of 800 feet for nearly ten minutes yesterday and narrowly es caped death while at an altitude of 500 feet. His balloon became unman ageable and descended, falling across double wires. Fortunately, the wind was light and the machine began to descend slowly. The crowd ceased its shouting and anxiously watched the helpless man floating away to the north, clinging to the steering frame of his machine. It continued to descend and Dallas guided thq machine by moving to the rear and manipulating the rudder with his hand direct. Seeing the per il of drifting on top of adjacent houseB the aeronaut cast oft his drag rope with the hope that with assistance be low they might stop his course. After floating two blooks the bal loon began to fall rapidly from an altitude of 150 feet and then crashed into the trolley wires. While this broke the fall and probably Baved his life, death'by electrocution or explo sion of hydrogen confronted the aero naut. However, he was untangled from the wires by linemen and escap ed with a few bruises. BAPTISTS FAVOR THE CAPITAL CITY NUMBER OF COMMITTEEMEN DE SIRE DBS MOINES, BUT OUT-: COME IS YET UNCERTAIN. GrinneU, Oct. 28.—ODes Moines ool legre Is said to be in the lead among the Baptist delegates here on the quei tionof the location of a state Baptist institution. If is known that some members of the committee favor making Des Moines college the college of the de nomination in Iowa. The- same mem bers favor continuing Pella, but only as a junior college or an academy eohool with promlnetfoe devoted to normal work and musio, taking stud ents through the sophomore year and accredlclng work in Dee ,Moines coj lege, but oohferflng' no degrees. "Just how much weight thoBe members fa orlng this plan, will be able tt oarry in committee and In making recom mendations to the convention no one is able to state as yet. H. M. Remley, who is a power In the oommlttee and has shown a tendency to dominate, is not exactly in favor of a denomina tional school. He has educated his own children in the state university, and for that reason is not muoh of a believer In 'denominational schools./ Remley Meets Opposition. Other memebrs, however, will hold out for a denominational institution, and that Des Moines be the college In Iowa. Outwardly orange buttons, express ing allegiance to Des Moines oollege, are the only signs of a contest over the location of the Baptist eduoa' tlonal institution in evldenoe at the convention. Yesterday's sess'on of the conference was occupied by the closing period of the pastoral conference. Rev. E. M. Grlffln of Dee Moines gave an exposi tion of the scriptures, and Rev. J. W. Graves of Dubuqve, and Rev. J. R. Sly of Chicago were on the program for addresses. The following officers of the pastoral conference were elected: President—Rev. Vernon S. Phillips of Cedar Rapids. Vice president—Rev. B. H. GUlett of Aurella Seoretary—Rev. J. F. Porterfleld of Algona. Treasurer—Rev. W. R. Hill of Cresoo. Executive oommlttee—W. E. Stan ley of Eldora, H. P. Chaffee of Grun dy Center, C. T. Ilslev of Indlanola. The afternoon session was devoted to foreign and home missions, the re port on the former being read by F. M. Archer of Cherokee, and on the lat ter by Rev. A. Legrand of Pella, Rev. A. M. Levack of Independence, Rev. D. McMasters of Tama, Rev. J. R. Hargreaves of Iowa Falls, and Rev. D. B. Cheney, D. D. of Waterloo, were also on the program. At last evening's session Rev. Wilson Mills, D. D., Sunday school secretary, gave his report. ASKS $10,000 FOR HER BEAUTY. Notre Dame Girl Sues Man Who Dis figured Her by Shoot ing. Notre Dame, Ind., Opt., 23.—Lucy Bennett, through her next'friend, her mother, today filed suit against Jer ome Lillian, a saloon-keeper, for $10, 000 damages. Lillian Is charged with disfiguring the girl by shooting blank cartridges at her face because she re fused to dance for him and his friends He is also being criminally prosecut ed. STRIKE BREAKER DEAD. William A. Forgey, Professional in His Line, Victim of Accidental Revolver 8hot. San Francisco. Oct. 23.—William A. Forgey, a professional strike breaker, survivor of half dozen serious wounds received in riots in every, part of the United States, died yesterday, the vic tim of an accidentally discharged re volver which sent the seventh bullet Into his body. Mississippi Negro Lynched. Okolona, Miss., Oct. 23. Charged with having insulted and threafen2il the life of a young white woman of this place, Henry Sykes, a negro, was taken "from the custody of :tn officer five miles from here last nic'ut and 1 lynched. UmiM mmtm Buzzard Served ywwjt) •!miniuijj-UL Fairfield, Oct. 23. —(Special. There is to be an old fashioned log rolling raising at Pioneer Park Fri day. The old Bonnlfleld cabin is to be put together. The folowlng invi tation has been issued by the com mittee: "To the public: You are oonllally invited to attend the log rolling and log raising of the Bonnlfleld log cab in at Old Settlers' Park, North Court street, on Friday, Oct. 25. Bring your floes and help rive the shingles. Work begins at 9 o'clock. Bring your din ner and your camera and have a good time." The Bonnlfleld cabin is the old home of W. B. Bonnlfleld, the Ottum wa banker, and Is one of the oldest houses standing in the state. It will be preserved as a historical rolio. LAUGH CAUSES NEGRO'S DEATH. Charles Purguson's Rolls off Bed and Passes Away.—Due to Heart Failure. Des Moines, Oct., 23.—Charles Pur guson, a negro remarkable for his size, laughed heartily at the home of his brother-in-law, Henry Murray, at 1447 Fremont street this morning and rolling off the bed upon which he was sitting, he died almost Instantly. The cause of his death is attributed to heart disease, as he has suffered with heart ailment before. Purguson was over six feet tall and had a won derful physique. The relative thought he was feigning death until they call ed in the neighbors after they became alarmed and the fatality was confirm ed. He leaves no family. Irish Professor Comes. Dublin, Oct. 23.—Dr. P. J. Lennox, professor of modern literature in the Royal University of Ireland, who has received the appointment of professor of English literature in the Catholic university at Washington, will leave Queenstown today on the steamer Carmania for New York. Family Stricken by Scarlet Fever. Marshalltown. Oct. 23. Two dead within fifteen hours and three -Ian gerously sick is the result of a scar let fever epidemic in the family of T. Loney, five miles southwest of here. The eldest son died yesterday aft ernoon, another this morning, and ona of the three other children very low, and the three remaining children exposed are expected to be ill A doctor was not called unr.ll the 1 V-J With Dumplings A Deadly Meal Copbln, Ky^ Oct. 23. An Italian section hand killed a buzzard yesterday and then cooked the bird, serving it with dumplings. He Invited three other Italians to partake of the meal. An hour later the host died In great agony. His three oountrymen are not expected to recover. TO PRESERVE CABIN Old Bonnlfleld Home at Fairfield Will be Preserved In Park as Histor ical Relic. "glfllui in Hljfc VV wflJW.1'11'•IWW I1 -T-r f-s V* Jt* t"faA& &>}$! ,i •vi'~£*.^" On a rainy day those new style hats for women may have thir-uses after all.— Observations from tlife Mere Man's Notebook. FOR TEN YEARS UPPER MIS8I88IPPI RIVER IM PROVEMENT ASSOCIATION ASKS C0NGRE88 FOR THIS AMOUNT AT MOLINC MEETING. Moline, III., Oct. 28. —The next convention of the River Association will be at Clinton in OcMber, 1908. Strong resolutions were adopted this morning calling on congress for en annual appropriation of not less than $2,000,000 for ten years, endorsing the upper river reservoir system and urg ing larger reservoirs and requesting Speaker Cannon to appoint an lowa man on the rivers and harbors com mittee in the next congress At the election late this afternoon Thos. Wilkinson of Burlington and L. B. Bo'swell of Qulncy will doubtless be re-elected president and secretary respectively. The delegates will be entertained on a river trip this even^ ing. v, A Dubuque Man as S a For Half Century John Baird Has White Whiskers Down is Bosom Because He Lost a Bet in '52 Dubuque, Oct, 23.—John Baird, of Dubuque, one of the best know resi dent of the community, eighty-three years old and one of the city's retired business men. wears a beard, long, streaming and white, over his expan-. slve bosom, not having shaved in fifty-seven years. The trailing bit of facial appendage is the result of a po litical bet. In 1856, during the Fremont-Bn chanan campaign, the county was aroused over the political fight, Mr. Baird was a warm advocate of Fre mont. and so confident was he of his candidate's untlmate success that In the heat of a political argument he made a promise to some friends that he would not shave until Fromont got the office. Buchanan was elected Mr. Baird remained true to his word. Fifty-seven summers and fifty seven Winters, with their w^rm, bal my breezes and their fierce blasts have come and gone, but the man with the patriarchal beard has kept his word. And a mighty appendage Roosevelt,MacM up Train to Talk to Virginia trowd Roanoake, Va., Oct. 23. —Pres ident Roosevelt reaohed floan oake at 8 o'clock this morning. A large crowd was waiting for hi mat the station, but the train did not stop. 8eelng the disappointment of the people. the President requested the train to be backed up so he could make a brief talk. PRISONERS TO LEAVE Two Young Men. Were Sentenced by Judge 8m!th MoPherson Leave Today for Ft. Leavenworth. J. C. Talbot and Tom Wilson, the young men who pleaded guilty to rob bing the postofflce at White City, :i minipg camfe, in September and* who were given sentences of one and two years respectively at the federal prison at Ft. Leavenworth, Kas., by Judge McPherson, will le&ve the city this afternoon in charge of Deputy United States Marshals W. E. Bldwell of Des Moines and A. D. Dun lap of Keokuk to enter upon their sentences. Both prisoners have had their hair cut. Descriptions, measurements and* pictures have been placed In the rogues gallery of the government for future reference. Neither Talbot nor Wilson seem to realize the serious ness of the crime committed. COMET NEARING EARTH. No Danger, However, That It Will Strike This Planet, Declare Astronomers. Berkeley, Cal., Oct. 23-.—The univer sity astronomers are interested In a new comet discovered by an astrono mer named Mellish of Wisconsin. Professor Leuschner, head of the de partment of astronomy of the Univer sity of California, with a corps of as sistants, has been figuring the orbit of the new heavenly body. Announce ment was made that the new comet Is rapidly approaching the earth. There iB no danger, howover, that It will strike tbis planet, as its nearest approach will be more than 35,000,000 miles. REAR ADMIRAL WEDDED. Thomas O. Selfrldge, Retired, Aged 72, Takes Maiden Lady, Aged 65, For His Bride. Boston, Oct. 23.—Rear Admiral T. O. Selfrldge, retired, was married yes terday to Miss Gertrude Wilds of Jamestown. R. I. Mrs. Selfrldge is wealthy, owning five valuable estates at Jamestown and Newport. She is 65, while Selfrldge is 72. DEMAND WIRE CHIEF'S RETURN. Denver & RI9 Grancfe Telegraphers Threaten to Strike at Grand Junction. Denver, Colo., Oct 23—Unless th-3 Denver & Rio Grande agree to rein state R. H. 'Skeggs as wire chief at Grand Junction today, 400 telegraph ers employed on the railway will quit work tonight. This ultimatum was is sued today by the telegraphers' offi cials. y, i* atfitah- J] "-.Kv'i i-f Vt "i'S'' '-/l & ^4% v"? *"W Vsw ^tv«. ?a- NUMBER 34 United States, Present Hold* er of Cup, First to Drop— Distance Traveledby En* trants Falls Short of Record SEVERAL OF CRAFT ARE STILL IN AIR Of the Six Balloons Landed the German Entry, Ponv mern, is ad g— Others May Beat Its Record The America landed at R&tnxeni. Maryland, having traveled 700 miles The Anjou landed at Mineral, Vjl, having traveled 700 miles. The Dusseldorf landed at DoveiV De'aware, having traveled 750 miles. The St. Louis landed at Minster, Maryland, having traveled 760 miles The Pommern landed at Asburr having traveled 908 miles. The Aberoron, landed at Prlnoa Wm.. Va., having traveled 670 mlles» -s —o— $ Baltimore, Md., Oct. 23.—Th« balloon ^ttWerlca in charge oW Pilot P. CMoy, landed at 8 o'clock?**,^— thi|, morning at itafcuxent,- ,:..twok,w and a half miles from AnnapoliH* 1 Junction. Yesterday afternoon the Amer4„ ica was over northern Ohio, but a. change of wind brought the bal-/yfef loon into Maryland. It is estimat-, 3 ed the distance covered was sev-'llt, en hundred miles. There wera ,7"* no mishaps. \s Richmond, Va., Oct. 23.—The V4''1 French balloon, Anjon, landed near Mineral, Louisa county, about 8 o'clock this morning. It had covered about 700 raijes. The pilot Rene Gashier and Aid Charles Levee were in charge The men were exhausted for laclc of sleep and are now resting. —0— Baltimore, Oct. 23. —The Amer ican balloon, St. Louis, with Hamley and Post piloting it, land- *.. ed about a n\ile southwest of Minster. Md., at 6:40 a. m. Dover, DelT°~Oct 23. The German balloon Dusseldorf landed at Little Creek, three miles from this city, this morning. 0— day. i. I *7/ 4 v' Asbury Park, N. J., Oct 23. The German balloon Pommern from St. Louis, landed hero at 9 o'clock this morning. ,M St Louis, Oct. 23. A mes- "M sage from Paul Meckel state that the German balloon Aberoron w, landed at Prince William, Manas sas county, Va., at 7:10 a. m. to- —o— Balloon Hits Earth. St. Louis, Oct. 2S.—The beginning of the end of the greatest balloon race ever held in America, the second con test for the international aeronautic cup, was signalled last night by the landing of the American balloon "United States," at a point twelve miles south of Hamilton, Ont., near the shores of Lake Ontaria. The Unit ed States is believed to have hafl the lead in the race at the time of landing and In its twenty-five hours of flight from St. Louis had coyered a distance of approximately 700 miles, measured In an air line. The United States is the present holder of the cup' and the record for the race, having established it In its 402 mile flight from Paris last year. The pilot of the balloon is Maj. Henry B. Hersey of the United States weath er bureau at Washington, who acted as aid to Lieutenant Lahm of the Unit ed States army In its winning race jI 1906. Lieutenant Lahm was too ill co partlclpate this year. Wm''- The nearest rival to the United} States Is believed to be the big chrome yellow German cruising balloon, the Pommern. which was last reported as whirling across Lake Erie in a thirty five mile gale. The Pommern passed over Cleveland during the afternoon and sent down a message, reporting "all well." It is figured that the Pom mern was but a little distance behind the United States during the afternoon and there Is a belief that she may ex ceed the former's record. 0$ Experts Are Disappointed. V&fc News of the landing of the United States last night was Just a bit dis appointing to the followers of the race ^Sp here, who were confidently predicting if that Major Hersey would break the world's record of 1,200 miles. There are several experts who still believe that this record may go by the board.\p^. They are also of the opinion that the record for the duration, 41 hours and minutes, may be exceeded. Both the distance and the endurance records ar« v•' held by Count Henry de la Vaulx of France,... W .. iff rf|S| fftr x' 11 -m. vk