Newspaper Page Text
6
AVERTING A PANIC.
Bon thr Bin Men of Wall Street
Saved the Day.
From the New York Journal. Sept. 9.
Wall street escaped a panic yester
day. Several persons contributed to
this result. London was enjoying a
bank holiday; New York, a summer
Saturday half-holiday. Other and
stronger reasons will be mentioned la
ter.
About a million shares of listed
stocks changed hands in the two hours
of business, at declines varying from
12 to 1 per cent.
The average loss did not exceed 4 per
cent.
The market closed weak, but not fe
verish.
It was, nevertheless, a fleld-day in
the street.
Every eye in the commercial world
was turned in the direction of Wall
street yesterday morning. Small and
large holders of stocks, in the city and
far away, felt the same anxiety re
garding the prospective course of the
market.
The most conservative feared a pan
ic, as is proved by the recall on Fri
day night of every bank president of
importance who could be reached by
wire.
Chairman Frederick D. Tappen of
the Clearing House, who has taught
the great banks the importance of
leaning upon one another, hurried back
from Lenox within a hour after his
arrival there.
Several hundred brokers, who had
not presented themselves on the floor
of the Exchange or at their offices
since the hot weather began, were on
the ground early, prepared for a des
perate struggle with destiny.
Nearly every brokeragle office was
crowded with customers an Aiour be
fore the Exchange opened.
Beg for Advice.
This was portentous. But more omin
ous still were the reams of telegrams
that greeted the largest commission
houses, cancelling buying orders, or
dering sales of long stock and making
frantic appeals for advice.
When brokers are told by hundreds
of customers In an hour to "sell as you
think best, but for God’s sake save
me from loss” they grow nervous. They
generally close out such stock. That Is
what happened in countless cases yes
terday after the Exchange opened. But
it was a very bad hour for nearly
everybody from 9 until 10.
The hurried assemblage of the Clear
ing House stiffened the backbones of
the brokers, but the general public
that owned almost the million shares
of stocks that were dumped upon the
market in the two hours of business
were not so well informed.
They were oppressed by a deadly,
ever-mastering fear of impending dis
aster, and there was a stampede to
get out of the path of the avalanche.
That this fear did not extend to the
really large holders is all that saved
the street from the wildest panic.
The coming together of the Clearing
House committee was like a rally of
the Old Guard. Their names inspired
confidence. The first to arrive was F.
T>. Tappan, of the Gallatin National
Bank. He is a veteran.
It has rained before In Wall street—
since Tappan got there! J. Edward
Simmons, who had summoned Tappan
from his Lenox home, came next.
He has a wise head on his shoulders
if he does part his hair in the middle.
There, too. was James Stillman, allied
with the Standard Oil Trust by ties of
marriage and Interest, and who owns
the Custom House In which this great
government does business in New
York.
He inspired much confidence, but the
big man In the gray clothes, who push
ed into the marble doorway close be
hind him, was confidence himself!
Morgan Arrives.
Banker J. Plerpont Morgan, the
Field Marshal of Wall street at the be
ginning of this century, strode onward,
as if the approaching contest were
nothing for his shoulders. Yet, this
giant of finance had been almost pros
trated on Friday afternoon .when the
dreadful intelligence of the President’s
assault was communicated to him.
Lines in his face showed that he had
passed an anxious night, but every one
among the throng of brokers who had
gathered in Cedar street to witness the
rally of the strong took courage when
they saw their champion.
They knew that the market would be
protected.
They returned to their offices, leaving
the committee of the Clearing House
in council. They went to face the
storm.
Field Marshal Morgan, though not a
member of the Clearing House Board
and only a private banker, was at the
head of the table at that council of
war.
The details of the momentous meet
ing are recounted elsewhere—though
little was done beyond pledging the
united support of the greatest hank
ing combination on earth to uphold
the stock and bond market in a crisis
that for its gravity has had no equal
in twenty years.
That was a gigantic undertaking;
but Banker Morgan left that confer
ence and said, almost patronizingly, to
the presidents of banks, clippers of
coupons, slaves of the tape, lenders of
money and indorsers of notes assem
bled together in a motley, anxious
crowd upon the pavement:
"The financial situation is absolutely
good. There is nothing to derange it.
The banks will take care of the situa
tion. Nobody need worry about that.”
Holding the Fort.
This was reassuring, because every
one within the sound of his voice be
lieved that the field marshal meant
■what he said. A moment later, in a
metaphor attributable to Song Writer
Bliss, or Cambrunne, of Waterloo.
President Tappan, of the clearing house
added to the condition of hope. He
said: "We are holding the fort and are
going to continue to hold It.”
So much for the situation among the
banks themselves and in the neighbor
hood of the great institution that can
support the market by an issue of fif
ty millions of certificates, exchangea
ble for gold or stocks at any bank in
this great metropolis! Everything at
the clearing house was serene; nobody
could have guessed that an attempt
had been made upon the life of the
President; that hundreds of brokers,
bankers and stock operators had spent
the previous night in walking the
floors of their rooms or counselling to-
DON’T GET MALARIA
Don’t get run down. Keep up your ap
petite. Keep up your strength. Don’t
get malaria. Take
Dr. W. N. Van Brederode's
INFALLIBLE CIHE FOR
Malaria, Chills, Fever and Ague.
It makes you strong. It gives you
an appetite. It makes your work
easy. It has a reputation and is in
dorsed by thousands who have used it
Malaria vanishes betore it like dew
drops before the morning sun. Try it
and you will be convinced. Made only
In the laboratories of The Dr. \V. N.
Van Bnsderode Company.
LIPFMAN BROS., Agents.,
Savannah, Ga.
pCKSTEIN’S
DRESS GOODS-the very best
The new lines of BLACK GOODS now shown by us
include every weave, Prunellas, Soliels, Lizards, Gran
ites, Venetians, Broadcloths, Poplins. Whipcords, Im
perial Cords, Melrose, Nun’s Serge, Cheviot Serge,
French Serge, Diagonals, Henriettas, Zibelines, Brillian
tinesand Sicilians.
SPECIAL —THIS WEEK.
French Cheviot —BLACK —ALL WOOL —44 inch—
the regular 85c quality —cut to
49c
BLACK TAFFETA SILK.
20-inch —all silk—worth 69c, at ...... 49c
27-inch —$1.00 quality —sold by us at 69c
Guaranteed Black Taffeta —special at ..75c
FLANNEL ••• WAISTINGS,
New line plain, striped and corded effects,
at 25c. at 49c. at 76c.
LADIES’ BLACK LACE LISLE HOSE,
Same quality as previously sold by us—worth 25c,
while they last,
at 19c.
Children’s BLACK RIBBED HOSE,
Fast Black, and positively worth 19c,
at 12 'Ac.
GOOD CANTON FLANNEL,
Special value, a bargain,
at sc.
COMFORTABLES and BLANKETS
Full and complete line, all prices.
New Fall and Winter Underwear.
Ladies’ Fleece-lined Vests and PaOtS at 19c, 25c, 35c and 50c
Men’s Fleece-lined Underwear at 49c
Children's Underwear, full line, all qualities.
PUATCI AUDI! QAPO Another new lot, new
UnHItLHINt DHbO shapes, all sizes.
REMEMBER —We Always Sell What We Advertise.
GUSTAVE ECKSTEIN & CO.
13 and 15 Broughton St., West.
gether as to methods by which utter
ruin could be averted.
And now it was rhorning.
Inside the Eidinige.
What was the situation at the foot
of New' street?
The huge red brick building in which
the stock exchange has its temporary
habitation was crowded as it has not
been since May 9, last, when the North
ern Pacific corner reached its culmin
ation.
Anxiety was -written on every coun
tenance. Every pulse beat at fever
pace. Every broker, clutching a pack
age of orders to sell, held his breath
until the gavel fell. Fully six hundred
traders were on the floor, many of
them hatless and coatless—prepared for
one of the greatest battles of their
lives.
Veterans of the battle field insist that
suspense is more terrifying than abso
lute danger.
It is stated that men who can re
main quiet in the face of an enemy, in
the presence of death can be trusted to
charge a breastwork or take a park
of guns.
This array of brokers on the Ex
change floor were as the outposts of
the reserve, masked behind office doors
—men with their eyes on the tape, their
mouths at the telephone and their
hands upon the telegraphic arteries of
the country.
There were many such great operat
ors whose faces were not seen on that
floor, whose agents were unknown, but
whose majestic power would be felt
before the two hours' battle now im
pending had ended.
There are heroes in commercial life
as well as on the field of battle.
Imagine, if you can, James R. Keene,
with his vast responsibilities, awaiting
the stroke of 10 o'clock.
Picture the Rockefellers, with their
hundreds of millions of money power,
harkening for the challenge to battle!
Above and over all. conjure up the fig
ure of Field Marshal Morgan, in his
marble tent at the corner of Broad
and Wall streets, impatient for the con
flict:
Ilattle In On.
The chairman of the Stock Exchange
ascended the high tribune, and. care
fully comparing his w'atch with the
clock upon the wall, gave four blows
of the gavel in lieu of a bugle blast.
I stood in the gallery and saw it.
There was a moment of lull, a half-sec
ond's thrilling silence. Just as 1 stood,
stood other men—thousands of them—
hanging over tickers in hundreds of
brokers' offices, watching the opening
of the struggle.
They could not hear the musketry as
could 1, but they could feel the thrill
and suffer the shock!
The opening gun was a sale of.loo
shares of Canada Southern, one of the
Vanderbilt staples, at 68, a decline of
2H points from the previous day's
close. A scout then fired into the field
400 shares of Southern Railway at 31,
a similar decline. Then the battle of
the musketry became general.
No stock ticker yet built could emit
the tape fast enough. Five minutes
later the field pieces opened.
Heavy cannonading began. United
States Steel, common, 10,000 shares;
preferred, 4.000 shares; Erie, common.
10,000 shares; Union Pacific, 10,000
shares; Southern Pacific, 10,000 shares;
Amalgamated Copper, 6,000 shares.
The reverberation of these bombs was
tremendous.
The shock to the market was ap
palling—lt shivered, and prices went
off.
It pulled itself together, as strong
supporting orders from the cool-headed
men in ambush came to the rescue.
For a moment courage and hope,
twin associates, would grapple the
market and prices w ould advance; then
a chill of despair would enter the room
through telephones, and Morse instru
ments, saying: “Sell! Sell! Sell!”
I Balzac declares that the wfiole es-
THE MOKNING NEWS: TUESDAY. SEPTEMBER 10.1901.
sence of commercial success is in “Be
ing ready to sell, being willing to sell;
but, above all, BEING ABLE TO
SELL."
He described the situation yesterday
on the floor of the New York Stock
Exchange. •
In one hour's time about one-half
million shares were forced for sale
upon a market that could not have
withstood the pressure twenty-four
hours previously.
Yesterday these shares were snapped
up. What would have created a panic
on Friday didn’t suffice in magnitude
of business to approximate a record.
In this fact was seen the power of
the money masters in their office re
treats.
Stork List Tells Story.
A study of the stock list tells the
story of the day. The high priced fea
tures suffered most and the average
decline is under 5 points. Government
bonds did not shrink a fraction. The
feeling of uncertainty and distrust in
the market w r as not wholly due to the
murderous attack upon the President.
Much of it was ascribabie to the
wretched bank report, which showed
a decrease in reserve of $11,000,000.
Under ordinary circumstances this
would have caused a flurry on any day
of the week except Saturday.
Loans are made by the banks from
Friday until Monday, and therefore
brokers do not borrow much on the
last day of the week.
The bad showing yesterday Is sure
to result in a more favorable report
next week.
The decline in the market and the
necessary calls for margins will bring
millions of dollars into town. Brokers
will be able to carry more stocks on
their present loans because prices are
lower.
Beyond question much anxiety cen
ters about Monday. By that time the
condition of the injured President will
be more thoroughly understood and
his chances of recovery more definitely
settled.
There is an undercurrent of dread
everywhere In Broad street that the
wounds are fatal, and that a period of
financial uncertainty confronts the
country.
Able and experienced financiers al
ready discuss the necessity of Roose
velt carrying out the broad-minded
policy of McKinley.
Of course, the hope is universal that
the injuries to the able chief executive
are not mortal, and that he will be
spared for many years to come.
Wall Street Honor.
It Is a tribute to the patriotism and
honor of Wall street men that few, if
any, short sales were made yesterday,
and the flood of long .stock sold by
actual holders has now' passed into
stronger hands, whose interests are
best conserved by sustaining prices.
This is very fortunate and marks a
decided contrast to the condition of
things in 1881 when Garfield was strick
en down. The country w'as then in a
condition ripe for financial panic. Now
it is enjoying an era of prosperity that
is undtspusted, however widely men
may differ as to the causes thereof.
The assassination of Lincoln occur
red before the days of the stock ticker,
and affords no basis for comparison.
It will be remembered, also, that the
real paaic following Garfield's shooting
did not occur until eight or ten days
after the assault. This would suggest
caution at the present time and ought
CANDY CATHARTIC - *
toftconcto
Genuine stamped C. C. C. Never sold In bulk.
Beware of the dealer who tries to sell
somethin j "just as food.
to discount an over-sanguine feeling
regarding the Immediate future.
In summing up, It may be said that
the stock market yesterday received a
staggering blow, but did not lose Its
head or get panicky. It is not the old
Wall street, but the new.
Conditions have changed. Combina
tions to-day exist capable of sustain
ing prices in the face of disaster that
would have appalled the financial gi
ants of a quarter of a century ago.
Every man's hand 1. no longer against
his neighbor In Wall street. The spec
ulator has ceased to be an Ishmaelite.
Rather 1. he of the race of Hagar,
who triumphs by the sword, but al
ways fights in close alliance with a
band of trusty followers. Exactly as
the various cliques in Wall street stand
together do the banks support and sus
tain one another.
The country holders of stocks have
largely sold out; the city capitalists,
with the aid of the banks, have bought
their securities. Between now and to
morrow combinations of capital must
be perfected to take up the shares that
London, Paris, Vienna and Frankfort
will have to offer.
LOCAL PERSONAL
Mr. R. Eugene is spending the week
In Statesboro.
Mr. W. C. Olive of Lyons Is register
ed at the Screven.
Mr. A. J. King of Thomaston is a
guest of the Pulaski.
Mr. J. H. McPipkin of Waycross Is a
guest of the Pulaski.
Mr. J. A. Smith of Brunswick Is a
guest of the Pulaski.
Mr. R. A. Long of Beaufort is reg
istered at th| Screven.
Mr. J. B. Walker of Charleston Is
a guest of the Pulaski.
Mr. A. C. Hamrick of Jacksonville
is a guest of the Pulaski.
Mr. M. W. Garbutt of Wright Is
registered at the Pulaski.
Mr. F. E. McCarthy left for Atlanta
yesterday via the Central.
Mr. J. C. Wright of Bartow, Fla., is
registered at the Screven.
Mr. D. C. McDougald of Statesboro
is registered at the Screven.
Mr. J. P. Vincent left via the South
ern yesterday for Newbern.
Mr. M. B. Nease left over the Plant
System yesterday for Tampa.
Mr. Thomas N. Baker of Higgston
Is registered at the Screven.
Mr. T. N. Chase left via the South
ern yesterday for Waynesville.
Mr. J. S. Horne left for Wilmington
yesterday via the Plant System.
Mr. and Mrs. O. F. Mcßae of Mcßae
registered yesterday at the Pulaski.
Mr. and Mrs. J. A. Ward and child
of Bladen are guests of the Pulaski.
Mr. G. W. Smith was a passenger of
the Central's yesterday for Augusta.
Mr. J. F. Sheppard will sail for New
York to-morrow on the Nacoochee.
Mr. H. T. McKinnon and daughter of
Scotchville are guests of the Pulaski.
Mr. Cecil Gabbett was a passenger
fpr Atlanta yesterday via the Central.
Mr. J. E. Simons of Jacksonville was
among the arrivals at the Pulaski yes
terday.
Mr. E. J. Giles of Reidsville was
among the guests of the Screven yes
terday.
Mr. Jack Cranston of Augusta was
among the arrivals at the Pulaski yes
terday.
Mr. S. W, Allen of Glenwood was
among the guests of the Screven yes
terday.
Mr. and Mrs. N. W’. Cooley of St.
Augustine are registered at the
Screven.
Mr.. C. A. Shearson, president of the
Savannah Cotton Exchange, returned
yesterday.
Mr. C. P. Goodyear of Brunswick
was among the guests of the Pulaski
jesterday.
Mr. and Mrs. C. W. Chase were pas
sengers of the Southern yesterday for
New York.
Mr. T. V. Everett was a passenger
of the Plant System yesterday for
Jacksonville.
Mr. Henry Solomon was a passen
ger of the Southern’s yesterday for
Waynesville.
Miss E. McAlpin sailed for Savannah
from New York Saturday on the City
of Birmingham.
Mrs. F. E. Rebarer sailed from New
York for Savannah on the City of Bir
mingham Saturday.
Mr. J. A. G. Carson will be among
the passengers of the Nacoochee to
morrow' for New York.
Miss Jennie Judge was among the
passengers of the City of Birmingham
Saturday from New York.
Mr. Edward F. Milholland, advance
agent of the Eugene Blair Company,
is registered at the Pulaski.
Mrs. Charles Eaton and daughter
Miss Abbie, have left Maine and are
now wisiting in Reading, Penn.
Mr. E. H. Hinton and family will be
among the passengers of the Nacoo
chee to-morrow for New York.
Miss Crane, Miss G. Charlton and
Mr. E. A. Crane will sail for New
York to-morrow on the ,Nacoochee.
Mrs. J. E. Fulton, Mr. Joseph E.
Fulton, Jr., and Miss Louise Fulton
will leave to-night for Hendersonville,
N. C.
__ Miss M. S. Gabbett and Miss L. E.
Gabbett will be among the passengers
of the Nacoochee to-morrow for New
York.
Rev. Dr. Wm. P. MeCorkue. pastor
of the First Presbyterian Church, will
sail for New York to-morrow on the
Nacoochee.
Master Perry Morrison, son of Mr
D. J. Morrison, will leave on the Na
cooohee to-day for New York, where
he will enter Peekskill Military Acad
emy.
Rev. Dr. W. C. Schaeffer, pastor of
the Lutheran Church of the Ascension
who has been spending his vacation in
North Carolina is expected back in the
city to-day.
Mr. C. H. Dorsett will leave Savan
nah Thursday for Ihdianapolis to at
tend the annual meeting of the Sover
eign Grand Lodge of Odd Fellows
which will meet on Sept. 16. Before
returning he will visit Buffalo and
New York. He will be accompanied
by bis daughter, Mrs. E. H. Bacon.
Mull Carriers Gone North.
The City of Augusta sailed for New
York yesterday, carrying about 150
of the delegates to the Mail Carriers'
Convention, recently held at Chatta
nooga. and their families, en route
route home. They arrived in Savan
nah Sunday night. Yesterday they
spent in visiting places of Interest in
and about Savannah, and expressed
themselves very much pleased with
what they saw of the city. The com
mittee in charge of the party was taken
for a drive by Mr. W. G. Brewer.
Mr. Carnegie ns n Gift Horse.
From Harper’s.
The gift horse, which It was once
thought not quite civil to look in the
mouth, has been having Its teeth rath
er unsparingly examined of late, so
far as it has taken the shape of free
public libraries. In fact, a general
largess, of more than royal, of more
than Imperial munificence, to the
Scotch universities from the same lav
ish huud which has scattered its pe
culiar benefactions broadcast over our
own land, was critically studied by the
authorities before grgtc(ul acceptance
A LUXURY WITHIN THE REACH OF ALL!
V. *
; , The consumption of
A LION COFFEE
has increased immensely, and this coffee
is now used in millions of homes.
The grocers all over the country keep us busy
delivering LION COFFEE to them.
You will find no stale LION COFFEE
on his shelves—it sells too fast to grow stale.
Why? Because it is an absolutely pure coffee.
°ur motto strength, Parity and Flavor.
Please bear in mind that
XjiorL Coffee
is not a glazed article; it is not coated with
egg mixtures or chemicals in order to give it
a better appearance. We do not need to resort
Watch our next advertisement. to such measures—we have no imperfections
to hide!
In every package of LION COFFEE you will find a fully illustrated and descriptive list. No. housekeeper, In
fact, no woman, man, boy or girl will fail to find in the list some article which will contribute to their happiness,
comfort and convenience, and which they may have by simply cutting out a certain number of Lion Heads from
the wrappers of our one pound sealed packages (which is the only form in which this excellent coffee is sold). 9
WOOLSON SPICE CO.. TOLEDO. OHIO.
4] papist
7/ I
ifi Superior To All Sarsaparillas. r It
u I * n Georgia, oypr fifty years ego, a marvelous medicine was discovered. It was what
S! Is cow known as P. P. P., ( Lippman's Great Remedy), and its fame and reputation has been
n growing with the years. I
l\ For .Rheumatism, Blood Poisoning, Pain in the side, wrists, shoulders, back and joints. /,
11 Dyspepsia, Malaria, Scrofula, and all Blood and Skin Diseases, it has never been equalled. I)
iv Fal ? is subjugated, Health Renewed, .Appetite restored and sleepless nights banished br /%/
i\ its wonderful influence. s 3 __ /Ay
7 _ R; . is . * wonderful tonic and strengthened Weak women should always take
y V It builds them up. It has the universal commendation of medical men throughout ,1
tne country, because we publish the formula on every bottle, and one trial will convince the ///
v most skeptical that it is a genuine health restorer. JJ It
N, Read The Truth And Be Convinced. t u
kV\ Wonderful Cure. cellent thing. We handle about one dozen bottles a / / ji
lAI I wa* a martyr to muicular rheumatism for thirty /
P| years; tried all medicines and Jnctors with no per- bra. J. M. *M. T. RICHARDSON, Piedmont, S. C. wf /I
K tuanent relief. I was advised to take K P. J*., and— s] 11
l\ belore ! had finished two bottles my pain subsided Met c„,i„ „ I It
I] so 1 was able to work. I feel better than I have for ®P-' n kß Surpassed. I ll
I yean, and amcon6dent of a eomplete recovery A hpttle of P. P. p„ has done me more good than 1
II J. S. DUPRISS, Newnanviile, Fla. three months' treatment at the Hot Springs* Ark. I 111
(/ " JAMES M. NEWTON, Aberdeen, Browu Cos., O. \.
/ Testimony from the Mayor. -
I suffered with Rheumatism for fifteen years, tried P'mnlea e n , An
ail the so-caiied specifics, but to no purpose. My K,m P'e3i sores and Eruptions Cured.
graodaou got me a bottle of P. P. P., and I feel like a 1 great pleasure iu testifying to the efficient
new man. qualities of the popular medicine for skin diseases Vl\\
W. H. RILUER, Mayor of Albany. known as P. P. P. I suffered for several years with \ W
—~ , s L n<l d i“S ree able entption on my face. \\\
From Two Well-known Physicians. tlons. S’ iu ‘ ccord * nce with *"► I\\
We are having a big sale for your P. P. p., and Capt. J. D. JOHNSTON I ill
we prescribe it in a greatmany cases, and find it an ex- Savannah, Ga . of Johnston* Cos. IMI
The above letters are taken from many received by us. pp p {Littman's JyHi !
Great Remedy,) i is a medicine whose virtues are known from the Atlantic to the Pacific. I It
a?* . beg,ns work b y P u ufymg the blood, which is the source of all life / f
and does not cease until a perfect and entire cure is effected. * / ft
i he mortifying eruptions that disfigure the complexion, the tired feelimr that / /ll
vents thorough accomplishments of the daily tasks sleepless nights loss of Appetite Mi
jmtabihtyof disposition, all mean a derangement of the system consequent from Z/l
impure blood, which can and will be cured by p. p. p # 4 lrom fr ft
“““• For sale by all druggists or direct from us; price $1 a bottle, sfx btrfUeTfor *]//
closed the incident. The acceptance
was not indecently delayed, however,
and the gratitude was of much more
apparent reality than the misgiving,
so that we might well believe the
Scotch universities had never the se
rious question which seems to have be
set some American thinkers respecting
our gift horse or horses at a some
what later stage of events. They may
have been more used to gift horses in
Scotland; at any rate, they know how
more gracefully to manage them, and
they at least do not continue the in
spection of their mouths after they
have got them In the stable. To be
sure, the Scotch beneficiaries were not
pledged to such terms relating to the
care and keep of the gift horses as the
American communities, which, in the
process of time, may find them eating
their heads off.
—Kate Livingstone, a cousin of Dr.
Livingstone, is living in the Isle of
Mull, in the Hebrides, and has Just
completed her hundred and sixth year.
She is, however, very weak.
LIVER, KIDNEYS and BLOOD kept in good condition by using
DR. THACHER’S LIVER AND BLOOD SYRUP
Yes, Druggists have it, 25 and 50 cents.
MAYOR HINCHLIFFE ANGRY.
Telegraphic Offer *o “Take Care off
Paterson Annrrhlnt* Stirs Him tip.
Paterson, N. J., Sept. 7.—Mayor
Hinchliffe received the following tele
gram from Montgomery, Ala., this af
ternoon:
"If you have not not enough nerve
to deal with Anarchists send them
down to us and we will take care of
them. Montgomery.”
The Mayor was angry when he read
this message, and he dashed oft the
answer:
"Montgomery, Ala.: We don’t need
your nerve. We've got enough of that
ourselves to extinguish any Anarchists
who announce themselves here. They
don’t exist in Paterson, only through
the yellow sheets of New York, and
the people like yourselves whose
opinion they shape.”
.jrWJjen-, ha w’as- sending this reply at
the telegraph office Mayor Htnehttffe
said: “The authorities here cannot do
anything unless these Anarchists show
their heads. They have given this city
a. bad name and the orders to the po
lice are to bring them down here (the
police station) in pieces if they show
their heads. As long as they keep
quiet we have no law under which we
can proceed against them but there
will be one after next Congress meets.
I think that w'as a very good sugges
tion of Mr. Griggs when he said that
any one declaring himself an Anarch
ist in opposition to our government
should be imprisoned for life.”
The statement by ex-Attorney Gen
eral Griggs referred to by Mayor
Hinchliff'e was: “My practical sug
gestion would be that It is about time
for the Congress of this country to
enact a law making It an offence
punishable by life imprisonment to be
a member of any organization or so
ciety that has for one of its objects
the removal of public officials by mur
der.”