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f^SQCIA' X PRESS IMS ftAiUb “" ™ »">■* *m> mi weekly Siir ‘ v-Alnr M> TUB DAILY NEWS HRIOTS TEE LARGEST the WORL& Wp1 ,,A EEWSTATm 01 THE DIEWBQT. FOR THE BMAKS SWjWtTFTte ▼? J.-1I l jjj_ - MTABLIBHED IN 1868_EAST ELY, WHITE PINE OOUMTY, NEVADA, TUESDAY, JUNE VOL. ELI HO. 232. Railroad and Industrial Combination Need In centive for Good Service l*t PHILADELPHIA, June 20.—Bold ly deriding all that has been done in America to curb the formation of great corporations, the consolidation of capital and the creation of private monopolies, as both unwise in the-1 ory and Ineffective in practice, Judge! Peter S Orosscup, of the United States District Court of Appeals, of' Chicago, one of the most prominent judges in the city. In the annual ad dress before the Philadelphia Law Academy, struck out along the most radical lines In bis search for a rem edy. He proposed nothing less than that the abolition of the Interstate Commerce Commission, the abandon ment of the governmental regulation of rates, the legal recognition of monopolies and the establishment In their stead of a system of limitations upon the return that can be received for the service rendered, which would place a premium upon good service and low prices. In his lengthy address, no less re markable for its able analysis of the law than for Its remarkably radical suggestions, he declared his firm be-j Hef In the inadequacy of the Sherman ' Anti-Trust law, the State Anti-Trust, laws, the Railroad Rate bill, and pre- | dieted tbe utter failure of the meas- j urea now being pushed through Con gress for the further extension of the powers of the Interstate Commerce Commission. Indeed, to the Sherman law. more than to any other agency,! he traced the startling growth of! great corporations in the last decade. ! Under it, he said, no single corpora tion has been permanently dissolved; j no property has been permanently j taken from Its possessor; no enter prise permanently ended. I*refient Laws Inadequate. "The only result of the famous Northern Securities case," he declar ed, "has beep a change of bookkeep ing. The toads are still governed try the same men; they still have the same rates; they do all that they were forbidden to do under the de clsltui, but In other ways." "We cap’t make corporations compete," he Bald again; "that has been proved. We cannot prevent them from forming; we cannot prevent them from charg ing excessive prices. We cannot reg ulate their rates with any justice to arallroad or to public because we have *np yardstick that will apply to all the varied conditions under which the ral’roads and great corporations are managed. All that the Inter state Commerce Commission enn do In that direction is to make an in telligent guess, which may be Just or unjust. "All ths that we have tried to do Is Ineffective and unjust because it starts from the wrong basis—name ly, that these monopolies and these J great consolidations of capital are wrong In themselves Instead of being the natural and Inevitable evolution of the ages. That Is the honest way. and no system of Jurisprudence or Industry can be permanently valuable which Is not based upon honest rec ognition of the tacts as they are. Justice In the Remedy. "What then Is the remedy? First, let there be a valuation of the proper ties. We must reject In this the prin ciple that value 1b measured by the cost of reproduction. That would be unjust, for In the development of the property there have been experiments and losses which the present status of the plant In no way represents. We must take as our aim, what It fair ly would cost to bring the property to Its present condition, adding such IMMEDIATE II TURNED DOW WASHINGTON, Jcne 20.—Sena mcnt to the Senate resolution direct brlltory In connection with the elec to require the Investigation to be pr „,ent was rejected. The Senate then President Taft, Secretary Knox and German Ambassador at Ball Game Photo by American Press Association. Herewith Is shown a picture of President Taft, Secretary Knox and Am bassador von BcrtistorfT of Germany witnessing a baseball game at Washing ton. Despite the fact that the chief executive Is burdened with numerous j official duties lie manages to dud an hour or so to attend a game. He Is said to be a very enthusiastic follower of the "national pastime” and la a thorough rooter, lie Would much rather attend a good game I bsu an otln ial reception. "•••••••••••••• • • • THE MARKETS. • • - • • NEW YORK, June 20.—Lead • • $4.40 to $4 0. Copper easy, • • 12 to 12:20. Silver 52%. • • CHICAGO, June 20.—July • • wheat closed 95%. • • • • •••••••••••••a cost for extensions and improve ments, from time to time, as the ne cessities of the case demand. Take this as the capital, on which a reason able return can be made by the charge for service. Then put a pre mium on reduction of rates by giving to the railroad a percentage of all that the public saves by reason of the voluntary reduction in rates. "Give to the railroad another per centage of its gross income as a sink ing fund against lean years; another percentage for old-age pensions and employes' insurance; another percent age for an employes’ investment fund, which is to pay for an allot ment of securities to be issued in the future, to be distributed to the em ployes of the concern. If it appears that after all these j -rcentages of the total Income have been deducted, that there is still a surplus left out of the earnings at present rates, give the roads the option of reducing rates in the future, enough to absorb this sur plus or to turn the surplus into the United States treasury. Incentive to Good Service. "Under this aystem it gives the road an incentive to reduce rates and to improve service, while It subjects them to none of the incompetent and unjust meddling, and the uncertain political manipulations that now harass them. It gives the carrier the right to fix his own traffic rate, but It takes all the pecuniary interest out of increased rates." The same principle, in substance, the speaker applied to the vexing con servation issue, which, he said, would disappear if solved along thpse lines, because natural resources fcould be developed by private monopolies, I subject to proper public guidance, land with incentives to good, public service. RAINDROPS START A FIRE. Trickle Into Llme»liarrel§ and Car It Soon Ablaze. NEW YORK, July 20.—A stream of rain dropfc was responsible for a fire today In v.hbh the greater part of a freight car was burned In the New York Central railroad yard at Twelfth avenue and Sixty-fourth street. Several hundred gallons of water were required to extinguish the blnze. The fire started in a car filled with barrels of dry lime. The roof leak ed. The hole was tiny, but It was enough. Water dropped through it and Into the barrels. As the lime slaked the heat became ao Intense that the barrels caught fire, and soon the entire car was In flames. Eire en gines could not be brought near, but 25 lines Of hose were stretched from I streets cloge by. YVESTIGATION N BY SENATE tor lloruli Unlay offered an amend* Ing Investigation Into the charges of tion of Senator Iiorlmer, of Illinois, osecuted Immediately. The amend agreed to the resolution. PRESIDENT WANTS MEASURE PROVIDING FOR PUBLICITY OF CAMPAIGN CONTRIBUTIONS' PASSED AT THIS SESSION. WASHINGTON, June 20.—Presi dent Taft derided today to make an issue of the passage by Congress be fore the adjournment of the present session of a bill providing for the publicity of contributions in all cam paigns affecting federal offices. The president sent for the party leaders in both House and Senate and told them his views regarding this piece of legislation. Mr. Taft said he had made a personal pledge dur ing the last presidential campaign to do what he could toward furthering the enactment of the publicity bill. Today the President secured the consent of Senator Brandegee tem porarily to lay the Appalachian forest reserve bill aside in order that the publicity bill might be given the right-of-way as an unfinished bill in the Senate, following the disposition of the postal savings bank bill. The President does not anticipate any se rious trouble in getting the bill through the House. Senators and representatives who visited the White House were inclined to the view that Congress may adjourn some time be tween Thursday and Saturday of this week. It is probable that President Taft will not begin his vacation until July 4th when he is due for a speech at Boston. OCEAN GRAVEYARD PASSES. Wireless and lletter Chart* Robbed Sable Island of Terror. HALIFAX. N. S., June 20—The passing as an "ocean graveyard” of Sable Island, scene of Innumerable shipwrecks, Is brought to mind by the recent breaking up for junk of the last vessel wrecked there, the steamer Skldby, a 2000-ton freighter, wnirh met Its fate January 6, 1904. Since that time no vessel has been wrecked on the treacherous rib of sand forming the Island coast which previously had taken a toll of more than 250 vessels and many more than that number of human lives. Wire less telegraphy, more numerous and Improved lighthouses and corrected charts have robbed this quondam "ocean graveyard” of its terrors for the mariner. I Mrs. Susan Kelley, wife of a for I mer keeper of a life-saving station there, and now approaching four score years, saw 52 wrecks, many of which she worked on with her hus band during her 20 years on the is land. She now lives in Halifax. I — RJfDl'RKD AGON i FOR CREKD. CHICAGO, June 20.—Death, caus ed by a rattlesnake bite last night ended nearly a week of torture en dured through religious fanaticism by Oliver Pufch, GO years old, of Zion City. Pugh was bitten by the snake last I Wednesday, but, true to the teachings [ of his creed, refused to take anti dotes for the poison or medicine of any kind, relying on the prayers of | his fellow religionists to cure b(m. He was a former alderman of Sion City, going to Zl'>n in the days when John Alexander Dowie was overseer. 11 h-. =m. »• la c lo Ji . »i I ^ - l 1 * Miss Eleanor Butler and 3 i r 1 heodore Roosevelt, Jr. Before Hymen’s Altar NEW YORK, June 20.—Weather typical of the month of brides and roses attended the wedding day of Miss Eleanor Butler Alexander and Theodore Roosevelt, Jr., whose nup tials at the Fifth avenue Presbyterian church today promised to furnish one of the most notable society events of the season. The promised attend ance of the groom’s distinguished father, whose welcome home from abroad stirred New l ork on Satur day, stimulated popular interest in the function so that there was every promise of record throngs In the vi cinity of the church edifice long be fore 4 o’clock, the hour set for the ceremony. The bride’s matron of honor is Mrs. Snowden Fahnestock, whose wedding took place on June 1st with Miss Alexander as bridesmaid. Kermit iioosevelt is his brother’s best man. The young people will go on their honeymoon to California. As soon as Colonel Roosevelt ar rived in New York today he shut him self up with his private secretary to go through a portion of his accumu lation of correspondence awaiting him. it was said on his behalf that he could see no callers, but would re main at work until it was time for him to go to the wedding, OYSTER BAY, June 20.—Colonel Theodore Roosevelt went to New York late last night on the dispatch boat Dolphin with Secretary of the Navy Meyer to attend the marriage today of Theodore Roosevelt, Jr. to Miss Eleanor Alexander. Other mem bers of the family and a number of friends left for New York this morn ing. __ i PRESIDENT GIVES APPROVAL TO ARIZONA AND NEW MEXICO ' MEASURE—DEFICIENCY RILL GOES TO SENATE. _ WASHINGTON, June 20.—At 12:15 o’clock today the Vice Presi dent affixed his signature to the state hood bill which is the last step in the progress of legislation before the measure goes to the President for his approval. President Taft signed the statehood bill at 1:40 today. The gen eral deficiency bill was received in the Senate from the House today and was referred to the Senate committee on appropriations. Four minutes and 50 seconds later it was reported back to the Senate with amendments. As reported to the Senate the bill car ries items aggregating $7,945,072, an Increase of $1,682,345 over the amount carried by the House bill. The Gillette hill to permit Justice Moody of the United States Supreme Court to retire on full pay on account of his long continued Illness, was passed by the House today by unani mous consent. SHOT FROM STOLEN MULE. Alleged Thief Killed by Officer After Long Chase. GAINESVILLE, Ga., June 20.— Hill Loudermllk, a young man of Isabella. Tenn., accused of horse stealing and chased across several counties, was shot and killed today In the public , road near Concord | church, by Deputy Sheriff Coffee, of Cherokee county, N. C. Loudermllk. It Is alleged, aiole a mule and a horse In Cherokeee county. When Deputy Sheriff Coffffee and Sheriff Horn, of Union county, Georgia, came up with him today Loudermllk resisted arrest and was shot from the mule he was riding. YOUNG FOREIGNER KILS WIFE AND SELF' SAN JOSE, Cal., June 20'.— Jerry Petronovitch, aged 39, cook in a local restaurant, this afternoon shot and stabbed his young wife, aged 19, and then cut bis own throat. Both are dying at the Belvedere hospital. About a month ago, Petrono vitph gave, a cousin Id the town of SpMt Delmatia, power of at torney to marry the' girl for him, and after the ceremony ip that country she sailed for America, arriving hefe two weeks ago. The bride was dissatisfied with conditions here and her con stant requests td be allowed to return to her home in the old country, led to today’s tragedy. REID MAY LOSE HIS JOB. WASHINGTON. D. C., June 17.— The days of service of Whitelaw Retd as American Ambassador to the Court of St. James are numbered. This in formation comes tonight from a source in possession of both the Am erican and British sides of the case. The informant declares that King George and Mr. Reid, while on cor dial terms, are not close to the degree of official intimacy expected between the King and an Ambassador. In sup port of this it is pointed out that all court functions given by the late iving Edward, Ambassador Reid was seldom in the group that surrounded the then Prince of Wales. . King George is opposed to the social am bitions of rich foreigners, and is said to have often remonstrated with his august father for the way presenta tions were engineered. King George is already eliminating all foreigners from his entourage. ihe understanding is that Charles W. Fairbanks, former vice president, will see his way clear to accept the Ambassadorship. i 6: --- HE* HI ARGUMENTS MADE AND DECIS ION WILL BE GIVEN JUNE 2»— COURT AND ATTORNEYS HAVE TILT. KANSAS. CITY, Mo., June 20.— Judge Ralph Latshaw will not give his decision on Dr, C. B. Hyde's mo tion for a new trial until June 29. The court announced this at the close of the arguments today. Attorney R. R. Brewster, arguing la support of the motion, said it would have been kinder for the Jury to have sentenced Dr. Hyde to death than life imprisonment. “You cannot make me believe it is better to be hanged than imprison ed," quickly said Judge Latshaw. “It is always in the power of a man in prison to take the other course, if he desires to, and as long as there is life there is hope.” Construing the judge’s remarks to mean that a prisoner might end htB life if he did not like his imprison ment, Attorneys Walsh and Brewster both rose and demanded an explana tion. “I say that nobody but a coward would pursue the other course,” shouted Mr. Brewster. Dr. Hyde did not appear excited over the tilt or the lawyers and court, but smiled calmly. After court had adjourned, Judge Latshaw said his remarks had been misinterpreted. “I referred to the chance a man has to be pardoned,” he explained. “The remark was simply a bad choice of words on my part. WANTED FOR MI KDKR. wulBVILLE, June 20.—The grand Jury today indicted Joseph Wendling on the charge of murder ing Alma Kellner and it Is understood that Governor Willson issued a requisition for him a few minutes later. Wendling is believed to be under surveillance in Texas. .1 ’. 1 ■ ' ■ 1 -I Rickard Arrives In State to Hear Propositions FromReno andGoidfield SAN FRANCISCO, June 20.—Pro moter “Tex" Rickard left this morn ing for Reno, Nevada, where tonight he will meet committees from Reno and Goldfield and receive bids of the rival towns for the Jeffrles-Johnson fight. Accompanying Rickard are Tom Flanagan, Jack Johnson's man ager, a building contractor who will construct an arena in Nevada, numer ous applicants for fight concessions, and over a score of newspaper cor respondens. Nevada’s arena will be modeled closely along lines of the one which was in course of erection here and the seating arrangements, it Is announced will be the same. Tickets already purchased may be used in Ne vada. Up to Mayor McCarthy. SACRAMENTO, June 20.—Govern or Gillett stated today that he and Mayor McCarthy of San Francisco had a conference yesterday on the fight situation. "1 will not state what passed between the Mayor and my self,” said the governor. ‘‘Mr. Mc Carthy is at liberty to repeat that conversation. A statement as to what occurred at that interview should come from him.” Jelfries Iteudy 10 Move. SANTA CRUZ, Cal., June 20.—Ac cording to Sam Merger, Jeffries' man ager, who arrived here this afternoon with Jeffries, who gave a sparring ex hibition at a local theater, arrange ments are being made for the break ing up of the Ben Lomond training camp Tuesday evening. “We are prepared to be on the move,” said Berger, “and the sooner we hear from Rickard the better we will like it. 1 have arranged for a special Pullman car for Jelfries and his trainers, and Just as soon as we receive word from the promoters the ■ entire outfit will go to Oakland, I where the special will be awaiting I them.” i Berger said he believed there was still a slight chance of holding the mill in San Francisco, but neverthe less be Is negotiating for training quarters at Reno, which probably will be at Moana Springs, about three I miles out from Reno. The only work accomplished by JefTrleB today was the live rounds boxing with Corbett and Choynskl in his exhibition and a short period of shadow boxing and rope skipping. Johnson Has Good Workout. SAN FRANCISCO, June 20.—Al though he is ready at a moment's no tice to pack his belongings and move to Reno. Jack Johnson went through his usual performance at the beach. Something like 1,200 people, attract ed by the fact that it was probably the last boxing that the champion would do in San Francisco, were on hand, and the negro gave them a good run. Previous to his workout, Johnson had a little ‘‘sput” with a local newspaper photographer, and Sig Hart banded words with one of the Chicago correspondents who was accused of ''roasting” Johnson through the medium of bis paper. Hart ordered the easterner out of the pavilion, but when it was finally passed up to Johnson, the latter said that the reporter could do as he pleased. In consequence, Johnson was in the worst possible humor when he put on the gloves with George Cotton, and the latter. In the five rounds that were allotted to him, suffered. John (ConUnued on page two> MEXICAN RURALES CAPTURE MEN, ARMS, AMMUNITION CANANKA, June 20.—Four men who were arrested by Mexican rural es twenty miles from here Sunday and taken to Nogales had in their posseslson 8,500 rounds of ammunition, two rifles, two carbines and two revolvers which had been am uggled over the border. The arms are believed to be part of a large qu antity purchased by Mexicans within I the last few days in American bord er towns.