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THE AUGUSTA DAILY HERALD
VOLUME XIV., No. 253.
HARRIMAN’S DEATH DID NOT SHAKE STOCK MARKET
OFFICIALS OF SEMINOLE SECURITY COMPANY
INDICTED ON MANY CHARGES IN CAROLINA
President John Young
Garlington and Secretary
Young Charged With
Conspiracy and Obtain
ing Money Under False
Pretenses.
INDICTMENTS WERE
WHOLLY UNEXPECTED
Charges Against C. J.
Cooper, B. W. Lacy, C. J.
Herbert and Orville H.
Hall Were Not Expected.
Will Ask Extradition
After True Bill is Re
turned.
Special to The Herald.
COLUMBIA, S. C. —Indictments were
handed out in the circuit court here
Friday in connection with the Semi
nole securities swindle against presi
dent John Young Garlington and sec
retary James Stobo Young of the Sem
inole Company, General manager C. J.
Cooper and vice-president W. B. Lacy,
of the Southern Life Insurance Com
pany and C. J. Herbert, formerly of
Atlanta and Orville H. Hall. One bill
charges Garlington and Young with
conspiracy and obtaining money un
der false pretenses in connection with
the exchange of sewenty-nve hundred
shares of stock in South Carolina
agency of Rome. Ga., Mutual Life for
seventy-fie thousand shares 01 Semi-1
nole, which Darlington's agents sold
at big prices. The second bill charges |
all the men named above with con- j
spiracy and fraud and breach of trust
and larceny in connection with the
sale of three thousand shares of the
stock to Southern Life Company of
North Carolina to the Seminole, get
ting $108,661 1-3 per share, whereas
the par value was only SSO a share.
The indictments r gainst all but Young
and Garlington, who were only «e
--fendants here, will doubtless be a
When the true bills returned the ex
tradition of the remaining defendants
will be asked for.
The understanding Friday Is that
Wylie, Samuels and Early, have turned
states evidence. They were sworn in
their own and other cases as witnesses
to go before the grand Jury.
PEARY NEARING
UNITER STATES
Steamer Roosevelt, With
Successful Expedition,
Expeoted To Eand At
Sydney Saturday.
TRURO, Nova Scotia. —The steamer
Roosevelt, bearing the successful
Peary Arctic expedition is expected
to reach Sydney Saturday. Comman
der Peary and the members of his
family, who will meet him at Sydney
will go to the United States by rail,
making only a brief stay at Sydney.
The Roosevelt with her crew on board
will proceed tor Norfolk lacer.
COOK SET SAILS
TO UNITED STATES
First Man To Discover the
North Pole Will Arrive
in New York About Sep
tember 20.
COPENHAGEN—nr. Frederick A.
Cook left Copenhagen Friday by soa for
Chrtatlans&nd where he will board the
steamer Oscar 11 for New York. A
large crowd bade him farewell. The
Oscar 11, is due in New York, Septem
ber 20 or 21.
BENEFICIARIES TO
MEDIC*! COLLEGE
ATLANTA, Ga.—The appointment
of nineteen of the twenty-six bene
ficiaries of the scholarships of the
Augusta Medical College, a branch of
the State University, has been an
nounced by Governor Brown. Other
appointments will be made in the
course of the next few days.
STRUEMPELL "sAYS
HARRIMAN HAD CANCER
VlENNAr—Professor Adolf Struem
pell, the Viennese specialist whom the
late E. H. Harrlman came to Europe
to consult, now admits that when he
Baw Harrlman In July he diagnosed
his complaint as cancer.
♦♦♦♦♦44444444444
♦ WEATHER FORECAST. 4
♦ ♦
♦ Fair weather In this section to- 4
4 night and Saturday. 4
♦♦♦♦♦♦♦♦♦♦♦44444
CAROLINA LIQUOR MEN MUSI FACE
CHARGES OF DEFRAUDING THESTATE
Circuit Court Handed
Bills of Indictments To
Grand Jury Charging
Fraud, Bribing, Accept
ing Bribes and Rebates.
OTHERS CHARGED
WITH PERJURY
Bills of Indictments Will
Be Handed in Saturday
Against More Defendants
—All Prominent Men.
Special to The Herald.
COLUMBIA, S. C. —The dispensary
graft prosecution begun in the circuil
court Friday with the handing to the
grand jury of six bills of indictment,,
charging conspiracy to defraud the
state out of amounts ranging from
eleven hundred to one hundred and
thirty thousand, bribing, accepting
bribes and rebates.
The attorney general announced
that other indictments against other
defendants would be handed out Sat
urday charging perjury.
The defendants named are: Dis
pensary directors Jos. B. Wylie, John ;
Black, L. Whit Boykin, John Bellto-1
will, Jodie Rawlinson, dispensary com- !
missioner W. O. Tatum and liquor
salesman James S. Farnum, Morton A.
Goodman, John T. Early and H. Lee
Solomons.
RARRIMAN STOCKS
OP ITJPEK
Southern Pacific Ad
vanced Two and a Half
Market Was Strong and
Active.
NEW YORK —The stock market
opened active and strong with prices
generally higher. Southern Pacific
was up 2 1-2, Union Pacific 1 3-4 and
Reading 1 3-8.
Anticipated in England.
LONDON—The death of E. H. Har
lrman was anticipated by the stock
exchange and after the long period of
uncertainty the effect of the passing
away of railroad magnate was not as
pronounced as had been anticipated.
FYoces were marked down at the
opening, but the market was quite
unconcerned and it recovered quickly
and well buyers came forward.
COTTON MEN MEET
TO DISCUSS TARE
Meeting of Factors Called
This Afternoon To Pnt
Stop To Cotton Being
Baled With Excess Bag
ging.
A meeting of the cotton factors in
Augusta Is called this afternoon by
Mr. A. J. Salinas, the president of the
cotton exchange, to discuss the ques
tion of tare on cotton. The question
of excess bagging on cotton has been
causing the buyers of cotton In Au
gusta very much trouble and the meet
ing is called this afternoon to take
active steps to put a stop to the farm
ers shipping cotton In Augusta with
more bagging than is required.
In recent years the glnners of cot
ton In the South have been In the
habit of placing more bagging on a
bale of cotton than was necessary,
giving local cotton men much trouble
in handling the cotton. When cotton
is shipped into Augusta it is weighed
and the buyer has to pay for the
weight of the cotton and of the extra
bagging. The weight of the extra bag
ging that Ahe factor has to pay for
has cost Augusta cotton men much
money in the past, and last year one
house alone lost $15,000 from this
cause.
Just along what lines the local cot
ton men will begin to work to put a
stop to the practice Is not as yet
known. At a previous meeting of the
factors It was decided to deduct 50
cents from each bale that has excess
bagging, but this methtfd has proved
inexpedient.
HORTON OARAGE WILL
OPEN ON McKINNE ST.
The Horton Wagon Mfg. Co. will
begin the work In a few days of
adding an up to date garage and
automobile repair shop at their works
at No. 513 McKinne St. The company
I has secured the local agemoy for a
couple of automobile* and they will
| do a general repair and garage busi
ness. At a meeting of the directors
held a few days ago,Mr. L. J. Williams
I president of the company, wag In
structed to begin buying the machine-,
iry at mce. |
AUGUSTA, GEORGIA, FRIDAY AFTERNOON, SEPTEMBER 10, 1909.
COTHAMMOURNS
THE DEATH OF
E. U. HAHRIMAN
Signs of Sorrow Numerous
in Financial District.
Exchange Flag At Half
Mast.
ALL HARRIMAN
OFFICES CLOSED
Only Treasure r’s and
Transfer Offices Open.
Will Be Buried in Grave
Blasted From Rock.
NEW YORK —Signs of sorrow at
the death of Harriman were numer
ous In the financial districts Friday.
The flag of the stock exchange was
at half mast and a similar tribute
was paid by other institutions and
baifking houses.
Ail Harriman offices in New
York will be closed until Monday,
with the exception of the treasurer's
and transfer offices of the compa
nies.
Grave In Rock.
ARDEN, N. Y.—The list of honor
ary pall bearers has not yet been an
nounced.
The millionaire’s body will rest in
a hlllisde. This method of burial
was adopted when his oldest son,
Edward H. Harriman, Jr. was burled
two years ago.
JUNK DEALER'S
LICENSEREVOKED
M. Steinberg Convicted of
Having Railroad Prop
erty in His Possession.
For the purpose of stopping junk
dealers .roni buying railroad material
stolen from the Georgia railroad, that
corporation appeared In the recorder's
court Friday against M. Steinberg, of
Augusta, and as a result of his trial
before Recorder Picquet, Steinberg
had his lisence revoked. It was al
leged by the railroad that Steinberg
had bought railroad material in
Thomson > Ga., and Friday Railroad
Attorney James M. Hull appeared be
fore the recorder with a large num
ber of witnesses and convincing tes
timony was given the court.
It appears, according to the testi
mony, that Steinberg shipped during
the latter part of August l a car of
scrap iron consigned to himself In
Augusta, Ga., from Thomson, and
when the car was being unloaded In
the local yards It was discovered by
employes of the Georgia railroad that
there was a journal brass and a draw
bar mong Its contents. Agents of the
road visited Steinberg’s yard and
was found much material which was
pronounced to be railroad equipment
The find was reported to the police
department and good work on the
part of City Detective Bartley result
ed In the arrest of Steinberg for the
violation of the license regulations of
Augusta, Inasmuch as he had rail
read property In his possession. The
railroad witnesses stated that they
had warned Steinberg against receiv
ing Georgia railroad property, and
Bteinberg In his defense declared that
he was not guilty of such acts.
Steinberg declared that the railroad
material was a part of a lot of 12,-
000 pounds that he had bought from a
street railway company, but this was
denied by the Georgia railroad wit-
I nesses who testified that they had
[ seen much steam railroad equipment
at Btelnberg’s yards.
After hearing both sides thorough
ly Judge Picquet passed a sentence
of revocation of Steinberg’s license.
ALLEN & BAXLEY
SUE C. & W. C. ROAD
Under the provisions of the Hep
bum act, Allen & Baxley a local
firm filed a suit Friday against the
Charleston and Western Carolina
railway, a corporation existing under
the laws of South Carolina, In the
office of Deputy Clerk Godwin, of the
United States court, for damages sus
tained by reason of the failure of the
road to deliver freight consigned to
the former. Damages are asked for
to the amount of $97.50 and attorney's
fees of S6O, and the case will be tried
at the next term of the U. 8. court.
The local firm Is represented by At
torneys R. J. Southall aud P. C.
O'Gorin an.
JONES RULES OUT HELM;
CHATTANOOGA QUITS
EDWARD H. HARRIMAN
“Harriman worked in the today of tilings. He
thought in present profit and crashed through
opposition with the weight of his financial, sup
port. His was the success of money and organi
zation.”
—George H. Cushing, in the American Magazine
HARRIMAN’S REMARKABLE
CAREER TOLD IN BRIEF
HARRIMAN’S LIFE AT A GLANCE.
Born February 25, 1848. One of six children of a country
clergyman, whose salary was S2OO a year.
After two years sftent in a church school poverty cut short his
education.
At inr of fourteen he became an errand boy in a Wall Street
broker's office.
Four years later he was appolr ted clerk, sharing in the firm’s
profits.
At twenty-two he bought a seat on the New York Stock Ex
change with money he made in speculation.
At forty he became vice-president of the Illinois Central.
At fifty he undertook the reorganization of the Union Pacific.
Now he has realized his dream of an ocean-to-ocean railroad
system under his absolute control.
Edward Henry Harrlman, perhaps
the greatest figure In American rail
roading and finance since the days of
Jay Gould, was born February 25,
1848, In Hempstead, L. I. He was
one of six children and his father wag
a country clergyman, with a salary
of S2OO a year.
The poverty of his father cut short
his school days and at the age of
fourteen, after some home teaching
and two years In a church school, he
became an errand boy in a Wall street
office.
That was the business beginning
of the man who died at the age of
sixty-one, master of nearly 70,000
miles of American railroads.
The boy’s rise was rapid. He
watched the play of the stock market
and the reeling ticker tape with those
big, all seeing eyes, and never an op
portunity got past him. At the age
of eighteen he was a clerk in the
broker's office, with a share In the
profits. He speculated boldiy with
his savings, and when he was twent.y
two years old he bought a seat on
the New York Stock Exchange, and
became one of Its youngest, If not
the youngest, member.
His spirit was ever militant, his
plans expansive, his optimism unshak
able. Combined with absolute con
fidence in himself he held to the con
viction of the great industrial future
of the United States, and he trained
his growth along this line. He de
termined that what, was good for
the United States should be good for
Harrlman.
AID FROM
HIS UNCLE.
He was a wiry young man, with
small body, big head, eyes that caught
and held an adversary, never waver
ing a genius at figures, with a mind
that grasped and sorted facts so
quickly that It seemed almost wiz
ardry. Even as a youngster on the
Stock Exchange there was never a
moment when he could be regarded
as a cipher. Boldness was the key
note of his attacks, but never reck
lessness. He was quiet, unobtrusive.
Where thought or action sufficed
he used no words. His undertone of
brevity was concise, emphatic, com
pelling. When a schoolboy, accord
ing to report, young Harrlman could
fight with bis fists as wel) as with
bis head, and bis generalship made
him the leader. The cruder method
of fighting he threw aside when the
gage of battle was the world’s mil
lions, and he used his brains.
He bad one wealthy relative, an
uncla, Oliver H. Harrlman. His uncle,
after the bent of the boy’s genius had
been clearly established, gave him
help. Young Harrlman had a way
of ingratiating himself with the old
Knickerbocker families, and he soon
had many of them among his cus
tomers. It was not all work and no
play In those days, however, and Har
riman’s pastime was driving fast
horses
At that time old Commodore Van
derbilt, the greatest railroad genius
of his time, was livlrjg and driving
his own fast teams along the Boston
road and other thoroughfares. The
youngester who, one day, was to own
control of the old Commodore’s New
York Central, and many another road
beside, had many a brush with him
and took delight, in leaving his team
behind.
When he was thirty-six years old
Harrlman got his first, chance at rail
roading. He was made a director In
trie Illinois Central and became owner
of a little railroad on Lake Ontario,
called the Sodus Bay. It was barely
an appendix of a railroad and made
no money. Harrlman whettod his
genius on this ilne. He reorganized
H and ran it so well that the Penn
sylvania railroad found it more use
ful than Its rivals and in a. short, time
it. had become a factor In Western
transportation and was paying divi
dends.
By the time he had been a director
In the Illinois Central for four years
Harrlman owned sufficient stock to
bring about the election of Stuyves
ant. Fish as president and himself as
vice president. Twenty years later
he was to tear from that, same office
of president the man whom his power
had placed there, hut at that, time he
and Fish were friends and allies.
He sold out his brokerage business
and began to talk of Intellectual
pleasures. This consisted, "however,
of developing the railroads of the
United States, and he kept up this
Intellectual pleasure unfiagglngly for
twenty years, starving his body, feed
ing his wonderful mind and changing
the railroad map of America with
each recurring year.
FIRST CHANCES
IN RAILROADING.
Stuyvesant Fish went abroad soon
after Harrlman brought about his
election, and the little vice president
took the reins in his hands. Here
was opportunity knocking at his
door and he threw It. open wide and
welcomed the visitor. Here was a
Continued on Page 2.
DAILY AND SUNDAY, $6.00 PER YEAR.
DOBBS SAYS HE'LL USE DEMAREE
IF HE PLAYUHIS AFTERNOON
Dispatches to The Herald from Chattanooga received at 3 p. m.
indicate that Augusta will win the pennant by forfeit, Chattanooga at
that hour refusing to continue the series because President Jones has
ruled that Helm and Demaree are Ineligible to pitch. Should Chatta
nooga not change its decision no game will be played today. The
dispatches received by The Herald follow:
(By J. S. FARR.) * \
Special to The Herald. 4
CHATTANOOGA.—Jones has officially ruled (hat, Demaree and Helm
are ineligible to pitch and threw out yesterday’s game. This is accord
ing to the rules of the National Association. The Chattanooga crowd
has quit cold, and It Is rumored that they will forfeit today’s game and
the pennant to Augusta. Our club is in fine shape.
'Sr*'
(BY JOE CURTIS.)
Special to The Herald.
CHATTANOOGA, Term. Yesterday's game has been thrown out by
President W. A. Jones, in support of Augusta’s protest (hat Obatta
nooga should not use pitcher Helm. President Jones has Instructed
to protest any games In which Helm or Demaree are used. Manager
Dobbs announces that pitcher Demaree will be used today. If there is
any game, ft, is not known what the final outcome will bo.
GAME FORFEITED TO AUGUSTA
i
BALL PARK, CHATTANOOGA. —Umpire Collins
announces batteries for Augusta, Griffin and Car
son; for Chattanooga, Do maree and Meek.
First Inning Bierkotte up; fonl over grandstand.
Collins announces game forfeited to Angnsta 9 to O
By order of Pres. Jones, Demaree, Umpire Wes
terveldt says he forfeits game to Augusta 9 to r O.
Demaree should not have pitched. Meeting held in
Patten Hotel yesterday morning was in error.
President Andrews of Chattanooga- tells grand
stand to get money hack at box office, game all off.
Says Wagner has no right to pitch for Angnsta.
"Printer’s Ink," In Its Issue of
February 8, 1893, printed an In
terview with Dr. ..] W. Lyon,
which Is Just as good today as It
was then, because it tells what
a great power newspapers are in
selling a good article —what a
force they are In making adver
tisers successful —rich!
The doctor said:
"Like all beginners, my meth
ods at first, were decidedly crude,
I thought, that I had such a good
tooth powder that people would
find it out, and It would not be
necessary for me to advertise. In
fact, at that time I looked upon
advertising as an offensive sort of
horn-blowing, used only by quack
nostrums and country circuses,
and altogether beneath my profes
sional dignity.”
“I began to study the various
methods of advertising. I tried all
aorta of dodges except legitimate
newspaper advertising. 1 profited
by the experience of others, and
firiallv went Into the daily news
pap.rs.
I saw that I was getting results
by the increasing demand for the
goods; but it was hard, up-hill
work, and all a steady outgo.
. never used extravagant lan
guage, but told the truth and kept
repeating It. Now I consider ad
vertising the life of the business,
and would not stop It on any ac
count
”1 believe thoroughly In steady,
persistent, advertising, and con
sider it as essential to my busi
ness as fuel to the steam boiler.
"The package unquestionably
helps the sales. At first I put
up my powdor In the form of com
pressed tablets, done up In paper
packages. After that I packed the
powder In glass bottles, but found
in some of them little flakes of
glass, which made them very dan
gerous to use. I then adopted my
present package, the enamelled
metal box, with a nickel-plated
measuring tube—my own Inven
tion and patent. Imitators? Yes,
scores of them; people who fancy
that If they can only get up a
package lixo Lyon's their busi
ness is made. But they are short
lived; they bloom for a time on
chimneys, rocks and blank walls,
hut when once well washed by the
rain they disappear and are heard
of no more.
"In this business are three
factors—First, and a very long
way first, Is the advertising.
Then comes the preparation Itself,
and with It counts about equal
the third factor —an acceptable
package.”
If there is not encouragement
In this story to business men who
are hesltnting about, advertising,
then nothing can be said to move
them.
There Is encouragement also to
the men who have commenced to
advertise.
By keeping at It. having a care
for aecuracy of statement, Insist
ing that the article advertised
shall always be up to-the standard
—how can such advertising possi
bly fall?
Lyon’s Tooth Powder is a house
hold word and Is welcomed Into
hundreds of thousands of Amer
lean homes because people havo
faith In it. And because It la
well advertised. ...
