Watson's weekly Jeffersonian. (Atlanta, Ga.) 1907-1907, July 11, 1907, Page PAGE FOUR, Image 4

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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-