Newspaper Page Text
Ida WHITE PINE NEWS d£3
ESTABLISHED IN 1868. ELY, WHITE PINE COUNTY, NEVADA, FRIDAY, NOVEMBER 8, 1907. THIRTY-NINTH YEAR He 10 AN END Gold Engagements and Relief of Trust Com panies Responsible. IMPROVEMENT MARKED Looks As If Affairs Were Perma nently Righted—Attitude of France Has Been of Great Aid. NEW YORK. Nov. 7.—Gold en gagements were further Increased to day and the stock market rose buoy antly In recognition of this and the cessation of runs on the trust com panies. The announcement by Mr. King, president of the Union Trust com pany, early in the morning, that an agreement had at last been reached by which the Trust Company of Amer ica and the Lincoln Trust company were to deposit their stock in the hands of a committee of the trust company presidents and in considera tion of this were to receive all the support required, finally cleared ihe air in regard to the trust company situation. Grave apprehension existed before the termination of the conference at Mr. Morgan’s house at 6 o’clock this morning that an agreement in regard to the two trust companies would not be reached and that they might he subjected to a run too strong for their impaired resources. Now that this danger is removed it is believed that the situation will gradually simmer down, with the continuous arrival of gold, until the stringency is convert ed into the plethora of reserve money in banks which usually follows a crisis. Additional gold engagements were announced today of $1,000,000 on ac count of Lazard Freres and $500,000 for Montreal. This brings up the to tal gold engagements for America on tlie recent movement to $37,500,000, which would afford the amount re quired for legal reserve against de posits of $150,000,000. Tlie gold which arrived yesterday was depos ited today, and that by the Lusitania will soon be in the vaults of the hanks. While there is still some apprehen sion regarding the possible effort of the Bank of England to cheek the outflow of gold from London by rais ing the discount rate tomorrow, there is a strong feeling among con servative financiers here that the di rectors of the Bank of England will be very reluctant to fix a rate of dis count which has not been touched since 1873. It might have been found necessary to overcome this re luctance if the Bank of France had not so generously dipped into its im mense reserves, under the enlight ened policy of Governor Yallaine, by the purchase of sterling bills to the amount of 3,000,000 pounds sterling, to relieve the London market. NOTHING IN REPORT. Oregon Short Line Continues Control of Trackage in Nevada. The report that the Southern Pa cific has assumed control of the rail road division from Sparks ti Ogden and that the reign of the Oregon Short Line in Nevada ha1 30;ne to an end. is most emnhatien'ly denied in official circles by men who ought to know. No official notice of the purported change has been received at the Sparks offices, nor have the men working under the Short Line man agement been instructed to forward their reports to the head offices of the Southern Pacific at Sr.n Fran cisco, in place of the head offices of the Oregon Short Line at Salt Lake. An operator at Ogden whom it is said • was gossiping with other operators about the Union Pacific resuming control of the division from Ogden, Utah, to Green Water, Wyo„ and su perseding the Oregon Short Line, is blamed for sending out unsubstanti ated messages about the Southern Pa cific taking control. • MRS. BRADLEY’S MAI L • • GIVES DAMAGING EVIDENCE • WASHINGTON. Nov. 7.-— • Much excitement was created • among the attorneys for the de • fense in the Anna Bradley case • today hy the statement that for • several months the warden of • the jail has been extracting from • the mail passing between Mrs. • Bradley and friends letters that • are said to be of an incriminat • ing character. These are in the • hands of the prosecuting attor • ney, and will be used in evi • donee. It was admitted at the • office of District Attorney Balter • today that the letters were mere. • These letters are said to lie es • pecially valuable as reflecting • Mrs. Bradley's state of mind on • her trip from Salt Lake City to • Washington and immediately • after the crime. • GRITTY TEN-YEAR-OLD ROY. Rides Thirty Miles With Broken llip Joint Before Letting It Be Known. CARSON CITY, Nov. 7.—Melvin Phillips, the 10-year-old son of John S. Phillips, of this city, holds the medal for grit in this vicinity. With a broken hip-joint he rode from Mountain House, a station on the stage road from Bridgeport to Car son, a distance of about thirty miles, and made no complaint of his injury, until, when several hours after his arrival at Carson, his relatives no ticed that his leg was getting stiff, and had him examined by a surgeon. It will lie several weeks before the lad can regain the use of tholimb. He sustained the injury while climbing upon the stage, just after it got into motion leaving Mountain House on the trip from Bridgeport. His foot slipped on the brake, and he fell before the rear wheel, which passed over his groin and then over the right arm above the elbow. How that limb escaped a fracture is mys tery. There were seven passengers and 800 pounds of freight on the ve hicle when it passed over the lad’s body. QUICKER CLAIM ADJUSTMENTS Rock Island-Frisco System Adopts New Ruling. SALT LAKE, Nov. 7.—Shippers in Salt Lake and the entire intermoun tain country will lie elated to learn that the Rock Island-Frisco system will in future pay all freight claims upon, demand. All claims for short age, breakage or damage, when prop erlj- iJiGicd, •..ill iw r.aid by draft by the local office. It has been the rule to refer (he claims to the freight department. The usual outcome of such procedure was a delay of from six weeks to two years. This is to cease. .1. G. Doo little, general agent of the Rock Isl and-Frisco system in Salt Lake has been given authority to adjust nil claims on his own initiative. WELLS FARGO IN ELY. New Office Opens This Morning in illy Depot Building—Telegraph Of fice Next. Beginning this morning, Ely City will have the advantage of a Wells Fargo express office. Quarters have been made in the depot for the new accommodation. Last night ail the necessary blanks and other paraphernalia for the of fice came in and at once disposed of in manner which will enable open ing for business at regular office hours today. The office is in the money order class and will transact all manner of business which may lie presented. With establishment of a telegraph office, Ely City will have a full complement of conveniences for the use of the public. RETURNS FROM GOLDFIELD. Situation Very Good There, Says Mr. Rickard—Tells Them About Ely. Tex Rickard was among arrivals on last night's train from Goldfield, where he was for several days with regard to his important mining in terests in that district. Mr. Rickard stated last night that conditions in Goldfield were very good and the out look satisfactory. Coldfield papers which arrived in the city yesterday contained interviews with him in which he found opportunity to put in some good words for Robinson dis trict, which at this time is standing out strong among the copper camps las about the only one in the country i which has not cut development and | general activity to the hone. CHECKS ON THE ! BANK OF ELY, [incorporated] . ===== and the - FIRST NAT. BANK OF ELY will be accepted by the ELY WATER CO. at their face value, 100 CENTS ON THE DOLLAR in payment of all accounts. THE WESTS ! San Francisco Man Tells East of Tremendous; Activity Here. CURE FOR PESSIMISM Brokers and Investors Advised to See Country-Railroad Bonds Excellent Investment. WASHINGTON, Nov. 7.—That railroad securities offer line oppor tunity for investment in spite of the recent flurry in financial centers is the opinion of Franklin K. I.ane, a member of the Interstate Commerce commission, who returned recently from an extensive trip through the middle and the far western states. Commissioner Lane asserted today that the industrial condition of the United States was never on more solid ground. “If the stockbrokers of New York wish to restore confidence let them take their patrons on a grand tour of the United States and see what is going on there, he said. "Then the money will pour out of safety de posit vaults and the railroads will he enabled to make betterments and ex tensions that are imperatively need ed. Go west, Mr. Broker, go west. “This flurry is like an attack of nightmare following a big dinner. The railroads of the United States are worth more today than they ever have been because they have more traffic to carry. Their embarrass ment from a traffic standpoint is an embarrassment of riches. I under take to say that there isn’t a western road that ran today handle the traffic that is offered to it. The crops are so great and the movement of general merchandise so unprecedented in vol ume that there is not a single rail road west of Chicago that has loco motives or cars enough to supply its needs. My remedy for doubt as to the value of American railroads is a simple one—that the investors go west and inform themselves.” Mr. Lane was one of the? most ag gressive members of the Interstate Commerce commission in the investi gation of the operations of the Har riman lines. It was his questioning at the hearing in New York tnat first brought out that the Union Pacific had been convened into a stock job bing concern. Mr. Lane wrote the commission's report on the Harriman case and was severe in his denuncia tion of Mr. Harriman’s juggling of railroad property. Notwithstanding this he holds that railroad securities are stable and sound and that they really should bo as attractive 10 in vestors as ever. “There is one great system that has increased its traffic 50 per cent in the last, two years,” said Mr. Lane. “There are several that have in creased their traffic 30 per cent in the same period. Think of what, this means. It is not the result of specu lation or of booming. It does not come from manipulation or from tapping new and virgin territory. The mines and the forests, the grain fields and the factories have pro duced this tonnage. New people have to be fed, clothed and housed. New towns have developed and old ones have grown larger. Demand is cre ated upon all the manufacturing cen ters for their products. The cities supply the farms, and the farms sup ply the cities, and the one avenue ol communication is the railroad. All this is permanent. Every year the railroad will profit by the natural growth of the communities that it serves, of the expanding territory that is brought under cultivation, and the new industries that are developed. “Fifteen years ago a member of this commission publicly declared that two lines of railroad to the Pa cific would be sufficient for many years to come for the txisiness of that great section of the country. Today six transcontinental railroads are not able to move the traffic which is tendered. Since January, 1900, there have been 3,500 miles of new road built in Oklahoma and Indian Territory and more than a thousand each in Louisiana, Arkansas, North Dakota, New Mexico, Georgia and Minnesota, not touching the older eastern states or Texas, which has led all the states in new building.” “The great railroad problem is not one of rates, but of service,” con tinued Mr. Lane. “This commission received five times as many com plaints of inability to get cars or slowness of movement of loaded cars, as of rates charged, and this not withstanding the fact that we have no jurisdiction over operation. So there you are—a growing country connected with every part by an in terdependent interlocking railroad system based on an interdependent interlocking economic system. And with every new thousand in the pop ulation, and every new acre tilled, and every- new horse power devel oped, and every new mine opened, the railroad grows in value. I am an optimist as to railroad values, be cause I know the country we are liv ing in and the forces that are at work to make its railroads still more im portant factors in our development. Your professional hear is not an American.” Hon. H. A. Comins is in Preston for a few days. Senator Comins has in terests all over White Pine, looking after which keeps him one of the l busiest of men. STANZA TWO. I I Does Not Appear to be Scarcity in District Says Merchant-Import ant Sale of Rail to McEllin Mine. ' Our sales are for cash and it. gives an opportunity to judge pretty well as to the extent to which the circu lation of coin in the district has been affected by the recent liiianeial situa tion,” said Assignee I). W. Ellis of the Meloy Mercantile yesterday. "You have been around here near ly every day and know that we have been having crowds. Well, our sales have corresponded with the crowds. Though there has been a good deal of talk around about scarcity of cash there has been little In evidence here to demonstrate anything of the kind. Money has seemed to be pretty free. We have been doing a big business.” The value of advertising in the News was paid a tribute by Mr. Ellis in the course of his talk. Yesterday morning locals which he is running in the paper were worded to attract the attention of mining interests, which had not participated in pur chases from the Meloy company stock to much extent to that time. Yester day this advertising, however, brought in customers for mining sup plies. Among the sales resultant was one of 20,000 pounds of T rails for the McEllin mines, a purchase that tells of the steady continuance of de velopment at those properties, where it is understood very encouraging re sults are being had from, the devel opment under way. ( AM. OFF STRIKE. Telegraphers of New York and Chi cago Want to Return to Work. NEW YORK, Nov. 7.—At a meet ing of the local branch of the Teleg raphers’ union today it was decided to “suspend” the strike of the em ployes of the telegraph companies, which has been on since August 9. CHICAGO, Nov. 7.—At a meeting or the Commercial Telegraphers’ un ion, held here today, it was decided to call off the strike of the operators. About 300 men applied to the com panies today for reinstatement. TO ELIMINATE CRIMINALS. Purity Congress Would Prevent Re production Ry Drastic Means. RATTLE CREEK, Mich., Nov. 7.— The National Purity congress adopted a platform today. There was warm argument over a resolution favoring the unsexing of criminals, which was finally adopted, the men delegates voting largely against and the women favoring it. Another resolution adopted de mands stricter penalties upon couples who falsely register as husband and wife. TARIFF CP WITH FRANCE. WASHINGTON, Nov. 7.—Secretary Root today discussed the question ol the adjustment of tariff cases between America and France with Embassa dor Jusserand and Secretary Cortel you. The French embassador has £ proposition to submit to this govern ment, but its nature could not bt learned. Officials of the state depart ment declare that they are not nov in position to discuss the situation. • • • TIHMH'S OX TltAlIi • • • • OP WAHItlXO tTTKS • • - • • OMAHA, Nov. 7.—Col. Frank- • • West and eight troops ot the • • Second United States cavalry • • from Fort Des Moines were to- • • day ferried across the Missouri • • river at Forest City, opopsite • • the Cheyenne agency in South • • Dakota, after reaching Gottys- • • burg last night and marching • • eighteen miles across the conn- • • try. The command will con- • • tin lie the march tomorrow for • • Thunder Huttos, eighty miles • • west. It now appears to the • • army men that the campaign • • against the Utes may keep the • • soldiers busy all winter. • LEFT FORTUNE Body Sent to Family in California This Morning for Burial—Death Due to Heart Failure. It developed yesterday that Henry C. Radford, who was found dead on a cot in his Tent Lodging house In Ely Wednesday evening, was a man of considerable wealth and of high standing in fraternal organizations. The fortune which he leaves to his family, residing in Santa Paula, Cal., is estimated at $110,000, this being the value put upon holdings he had here in stocks, realty and in cash, to a considerable amount, on deposit with the First National bank. It is believed that in addition to this for tune the deceased had important realty holdings in California, from where he came here about eighteen months ago. During his time of residence here Mr. Radford became well acquainted throughout the district and the news or his death came as much of a shock. Yesterday it was brought out tut he had been feeling badly for several days, though he had not at any time considered that he w-as suf fering more than a slight indisposi tion, which bis friends attributed largely to worry he had allowed him self about the outcome of general financial conditions in the country. The wife of the deceased was reached yesterday at Santa Barbara, Cal., through a telegram sent by Dis trict Attorney C. A. Eddy, who had known Radford for sixteen years. Mrs. Radford replied with a telegram instructing that the body be sent, to her at their home in Santa Paula and shipment will be made this morning. Inquest was held over the body yesterday afternoon, when Coroner Cartwright and a jury composed of George Jackson, Den Glen, E. O'Con ners. Fred Davidson, .1. R. West and Charles Goed inquired into the cause of death. The jury found that de ceased had a wife, three daughters and a son living at Santa Paula, and that death was caused from heart trouble. Deceased was G4 years of lage, an Odd Fellow, Mason and K jof P., having became a member oi | these orders in Fairplay, Colo. — KILLED IX COLLISION. PORTLAND, Ore., Nov. 7.—F. W I Glass, a switchman in the 'Oregor Railroad and Navigation company’! yards, was killed today in a collisior I between two passenger trains, causef ! by a dense fog. ABOUT WATER Physician Declares That Ordinary Precautions Will Prevent Epi demics Here This Winter. "The advice of the News against the use of well water In Ely,” said a physician to a reporter yesterday, “was most, excellent and cannot lie too strongly urged. "Conditions.for health here this winter are now very good, if the people will only exercise proper pre cautions in taking ordinary care of themselves and in seeing that they do not take impurities into their sys tems through the use of had water we should escape the presence of epi demics. “The Ely Water company supply of water is good. I have made nu merous tests of It at different sea sons of the year and always found it free from impurities. The well water in Ely, however, is dangerous and should uot. lie used at all Those who do use it, and I do not believe there are many at this time, are en dangering their health with every mouthful they fake. At the very least, if it must lie used, it should 1)0 thoroughly boiled before taken into the system. Care about the water taken into the system is one of the most important of health rules. With pure water only in use we should not be bothered here with diphtheria, scarlet fever, typhoid or other epidemics. Now and then a case may crop out but with the regu lations that are enforced in cases of contagious diseases there is little dan ger of epidemics getting started on us if the people, as i have said, will only help through taking ordinary precau tions.” HALF MILLION LOSS. VALPARAISO, Chili, Nov. 7.— Fire last night caused a loss esti mated at $7)00,000. Seven firemen w'ere Injured and the American firm of Weasel, Duval & Co. sustained con siderable loss. ft CHECKS ON THE I I BANK OF ELY, [incorporated] I ■ and the : ■ I FIRST NAT. BANK OF ELY I I will be accepted by the fl I Ely Light & Power Co. I fl at their face value, fl I 100 CENTS ON THE DOLLAR ■ fl in payment of all accounts. I Need of Its Service is Pressing For Care of Local Business. SPLENDIDISEQUIPMENT Being Installed With View of Serv ing Population of 50,000—Ely Temporarily Embarassed. Work on the splendid new power house of the Ely Light & Power com pany Is being crowded along with all possible speed. The building and its equipment are needed at the earliest moment they can ho secured. This is particularly true since the tem porary closing down of the plant of the Ely Electric company, which lias made for increased demand on the plant of the Eiy Light &. Power. The latter company was besieged again yesterday for service by Ely people who are on the linos of the Electric company. Applicants had to lie turned away, however, because of the fact that the Light. & Power com pany had all the business it. could possibly handle. The plant was be ing worked to top capacity before the closing down of the Electric company and with the additional work taken on for the accommodation of the pub lic in extreme cases It was crowded up to the limit. With acquirement, of service of the new power plant in Ely City, the Ely Light & Power company will lie in shape to handle all of the business of the district that may come to it. The new plant will lie one of the largest and very best equipped in the west. Every approved modern idea is embraced in Its equipment. The latter is being Installed for long ser vice with eye to the needs of a city of 4 0,000 or 50,000 people, which Is certain of growth here within the next several years. As result of the curtailment of Its light service, old Ely is at disadvan tage these nights. Candles and lamps which are being used In a number of places fail to make for the appear ance of life that was formerly In evi dence on the streets. DltAFT HILL IN ADVANCE. After Conference With Hankers, Stays Chicago Man on Currency Legislation. CHICAGO, Nov. 7.—“Let the bank ing and currency committee of the house of representatives and the cor responding committee of the United States senate gather at once, listen to the advice of the bankers and lay men from all parts of the country, and draft a bill that will provide the nation with an elastic currency,” said James It. Forgan, president of the First National bank yesterday. Mr. Forgan said lie did not think much of the plan to call an extraor dinary session of congress as that body is to meet in regular Besslon four weeks from today. “It strikes me that if these two committees get together in Washing ton at once and consider ways and means of relieving the money strin gency.” continued Mr. Forgan, “it will be just as good as having con gress meet in special session. A spe cial session would hardly get under way before the date for the regular session would he reached. Tf the two hanking committees meet in joint ses sion, listen to advice and suggestions, and prepare a sane and sensible meas ure for congress to act upon four weeks hence. It. would appear that a big step in the right direction had been taken.” UTAH LAND SALES. WASHINGTON, Nov. 7.—The gen eral land office announced today that the net receipts from the sale of pub lic lands In Utah, .to be credited to the reclamation fund, were $131, 944. The surplus of foes and com missions of $9,211.03 make a total of $141,136.18.