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PAGE FOUR
Summary of 'Ebents as They Happen
To Impress Japan.
Rear Admiral Evans, il Fighting
Bob,” will take twenty-nine large
battleships and armored cruisers, the
pick of the American navy, around
South America and sail up the Pa
cific coast. He will have under his
command 1,013 officers and 18,978
fighting men. It is believed in Wash
ington that this showing of naval
strength in the Pacific will cool the
ardor of Japan’s fighting spirit.
Runyan Caught.
Chester B. Runyan, the paying-tell
er who robbed the Windsor Trust Co.
of $96,317 and fled, was caught in a
Harlem flat in which he had estab
lished a woman of the tenderloin.
She betrayed him to the police after
receiving costly gifts and many
thousands of the stolen money from
him.
$104,530,600, Rockefeller’s Share.
A Wall Street news agency claims
that John D. Rockefeller owns only
27 per cent of the Standard Oil
stock, and that his share of the div
idends for the past ten yeais has
been $104,530,600.
Wilson Would Jail Corporation
Heads.
Woodrow Wilson, President of
Prince-ton University, delivered a
speech before the annual reunion of
the lineal descendants of the sign
ers of the Declaration of Indepen
dence, at the Jamestown Exposition,
on July 4, that will make some of
our 1 ‘safe and sane” citizens sit up
and take notice.
President Wilson urged in his ad
dress individual accountability for
the acts of corporations and the ar
rest and imprisonment of corpora
tion heads, instead of the fining or
dissolution of corporations them
selves, as the remedy for the monopo
listic tendencies and the unlawful
practices of modern industry.
“One really responsible man in
jail,” he said; “one real originator
of the schemes and transactions
which are contrary to the public in
terest, legally lodged in the peniten
tiary, would be worth more than a
thousand corporations mulcted in
fines if the reform is to be genuine
and permanent.”
What this country needs, Mr. Wil
son set forth, is not Government
ownership of railroads, etc., but laws
that will attack and punish presi
dents and general managers of rail
roads for evasions and violations of
the statutes. Stock manipulations
he called “sheer thefts,” and said
that they should be punished as such.
Failure to do so, in his mind, is “like
overlooking highway robberies.”
“Every corporation,” the educa
tor declared, “is personally directed,
either by some one dominant person
or by some group of persons. Some
body in particular is responsible for
ordering or sanctioning every illegal
act, but neither our law of pers nal
damage, nor our criminal law, has
sought to seek the responsible per
sons out and hold them individually
accountable for the laws complain
ed of.
WATSON’S WfefeKtV jfeFFERSONtAN.
“It is only in this way that we
can escape socialism. Unless we can
single out the individual again and
make him once more the subject and
object of law, we shall have to travel
still further upon the road of gov
ernment regulation which we have
already traveled so far, and that
road leads to state ownership.”
Race Riot.
In Harlem’s New York Little
Africa, 300 white men and 200
colored men and women fought
with knives and stones, following the
attack of several negroes on a police
man. Several of the negroes were
injured, and Policeman Edward Con
rad was taken to the Harlem Hos
pital mortally wounded by razor cuts.
Kelly Arrested.
Paul Kelly, the motorman of
the Ninth Avenue “L” train,
which jumped the track at Fif
ty-third street, New York City,
on September 11, 1905, result
ing in the loss of twelve lives and
injuries to scores of passengers, is
being held by the San Francisco au
thorities to await instructions from
the New York police.
The search for Kelly, who disap
peared immediately after the wreck,
had never been abandoned. The ef
forts of the police throughout the
country were enlisted, and a ciicular
bearing Kelly’s picture and a de
scription were sent broadcast.
The despatch from San Francisco
says: “Kelly is arrested in accord
ance with circular, and admits h s
identity.”
Guggenheim to be Probed.
The great smelter trust, headed by
Simon Guggenheim, Senati r-elect
fiom Colorado, has fallen under
the ban of the Federal author
ities and trust-busting experts
are conducting an investigation to
determine whether it is a combina
tion in violation of law. It is ex
pected to base a suit for dissolution
of the corporation and possibly crim
inal proceedings on the evidence be
ing accumulated.
The smelter trust investigation was
personally ordered by President
Roosevelt, and has proceeded se
cretly for a long time.
Prominent among the officials of
the constituent Guggenheim Smelter
Trust companies are:
American Smelting and Refining
Company—lsaac Guggenheim, Ed
ward Brush, William E. Morris, Dan
iel Guggenheim, Morris Guggenheim,
Solomon R. Guggenheim, Grant B.
Schley, New York City; Guy C. Bar
ton, Omaha; J. B. Grant, David H.
Moffat, Denver, Henry L. Higginson,
Boston; Nathaniel Witherell, Green
wich, Conn.
American Smelters Securities Com
pany—Senator Simon Guggenheim,
Colorado; Daniel Guggenheim, Mur
ray Guggenheim, M. Robert Guggen
heim, New York.
Federal Mining and Smelting
Company—George J. Gould, Fred T.
Gates, E. Parmalee Prentice, John
D. Rockefeller, Jr., New York;
Charles D. Warren, Toronto.
Once More the “Dear Public” are
Victimized.
Department of justice officials
were irritated at Washington when
it became known that heavy holders
of the stock in the Smelter Trust
have known for some time that an
investigation of this combination was
in progress. By using this informa
tion large blocks of stock were un
loaded at high prices.
When President Roosevelt ordered
a secret investigation of this trust
the common stock of the American
Smelting and Refining Company sold
for 160 on the New York Stock Ex
change. The Guggenheims and their
close associates held large blocks of the
stock —were in control, in sact —and
these securities were sent to outside
points to be unloaded. The public
knew nothing of the investigation.
When offerings were made at the go
ing price many persons bought at
figures ranging from 160 down, until
finally the stock went to 115,
Thus the “dear people” were once
more slim-slammed in that great Wall
Street game of “get something for
nothing.”
Fairbanks Cocktail.
The story, circumstantially told,
that Vice-President Fairbanks served
cocktails at the luncheon which
he gave to President Roosevelt
on Decoration Day, has set the
whole country talking. Mr. Fair
banks is a Member of the Meth
odist-Episcopal Church, which is
most bitterly opposed to any form
of liquor. The ministers and laymen
of that church are especially shock
ed, while temperance workeis and
prohibitiohists of all creeds are un
sparing in denunciation. The Vjce-
President has clearly arrived at the
parting of the political ways. It is
believed that from now on the Fair
banks presidential battle cry will b?
changed from “Buttermilk Fair
banks,” to “Cocktail Charlie.”
Stole $96,317.
Chester B. Runyan, the pay
ing-teller of the Windsor Trust
Company, at 65 Cedar street,
New York City, packed $96,317 of
the company’s funds in a suit case
last Saturday afternoon and walked
off with it after bidding his office
mates good-by.
Rockefeller Brought to Bay.
After suing John D. Rockefeller in
four different states all at the same
time, United States marshals finally
brought him to bay and served him
with the summons to appear before
Judge Landis in Chicago, in his own
home at Cleveland, Ohio. Rockefeller
ceased to breathe defiance against
the government and through his at
torneys pleaded to be shielded from
the publicity of an appearance in
court.
The Federal Court in Chicago de
sires Mr. Rockefeller’s presence so
that he can be interrogated regard
ing the affairs of the Standard 01
Company in Indiana, against which
proceedings have been instituted by
the authorities.
John D. Rockefeller will be asked
%
to state what he knows about the
relationship of the Standard Oil
Company of New Jersey to the
Standard Oil Company of Indiana,
and to give details of the financial
resources of the Indiana Company.
A Setback for Ryan.
Thomas F. Ryan and other men
high in finance received a setback to
their pet scheme of merging the
Equitable Trust Company with the
Mercantile Trust Company. Judge
Blanchard, in a caustic decision,
granted the application of Bain
bridge, Colby, holder of 300 shares
of Equitable stock, for a continuance
of a temporary injunction, granted
early last week by Justice McCall,
restraining the two corporations from
taking any further steps toward car
rying out the merger.
Undecided as to Harriman.
A disagreement has developed
between the members of the
Interstate Commerce Commission as
to what course, to pursue in
the prosecution of the Union
Pacific and the Rock Island
Railroads, which alternated in the
control of the Chicago and Alton.
This is one of the cases in which
Harriman is involved. Harriman
escaped punishment by going on the
stand and giving himself an immun
ity bath by telling all about th?
agreement for the dual control of
the Alton. The Government believes
that other officials of the lines can
be prosecuted sucessfully.
Governor Calls Extra Session.
Gov. Hughes, of New York, call
ed for an extraordinary session of
the legislature for next Monday
night to pass a Constitutional ap
portionment bill.
The governor will send a message
to each house Monday n’ght, specify
ing the subject on which he desii es
'to have legislation. While he did
not state the purpose for which the
extra session is called, it is gener
ally believed that he will submit in
addition to the apportionment ques
tion the subject of direct primaiy
nominations, which was sand-bagged
by the assembly in the closing days
of the last session.
Temperance Orator Dead.
Francis Murphy, the temperance
lecturer* died last Monday at Les
Angeles, following a long illness
and general collapse.
Francis Murphy, the “Apostle of
Temperance,” the gieat promoter of
the Blue Ribbon movement, had suf
fered from a complication of dis
eases and was nearly blind. Last
April he had to be led home from
a public hall in Los Angeles, where
he had lectured. That night, he said,
with tears streaming down his face,
“My eyesight is leaving me; I am
done!”
Mr. Murphy was seventy-one years
old, having been born in Ireland in
April, 1836. When twenty years old
he came to this country and soon’
afterward married Miss Elizabeth
J. Ginn, of New York.
In thirty-five years’ activity in the
temperance field, Mr. Murphy ad-