The 'Omaha Daily
r
NEWS SECTIOH.
Pages 1 to B.
Always Read
THE OMAHA DEC
Best ';. Vest
VOL. XXXVII XO. 82.
OMAHA, SATURDAY MORNING, SEPTEMBER 21, 1907 SIXTEEN FACES.
Bee
(
SINGLE COPY TWO CENTS.
4
BILLION OF PROFITS
Immense Sum Earned by Standard Oil
Company Since 1882.
KELLOGG GETS MORE FACTS
John D. Rockefeller Largest Owner of
Stock in Parent Corporation.
HE HOLDS OVER 25 PER CENT
Five Times as Much as Next Largest
Holder.
HOW OLL IS DISTRIBUTED
Country Divided Among Subsidiary
Corporation Mho Bay Oil from
Kaeh Other Verbal Deal
with Independent.,
NEW VORK, Sept. 20. John D. Rocke
feller now own 247,692 of the 972,600 shares
of the Standard OH company of New Jer
sey, according to the testimony of W. H.
Tllford. treasurer of that company, given
In the federal action at a hearing In this
city today. As Standard Oil stock was
last quoted at $440 a share, Mr. Rocke
feller's holdings are worth nearly HOH.noO.
C00. The holdings of William Rockefeller
were stated by Mr. Tllford to be 11,7"0
shares, and those of 11. II. Rogers 16,020
hares.
Mr. Kdlogg succeeded In Betting upon
thu records to lay ev'dence which tended
to show that the Standard Oil company
had made an agreement to furnish certain
Independent companies In and about Pitts
burg with crude oil on condition that their
output of oil rellned for exporting purposes
should be turned over to the export de
partment of tho Standard company .
John D. Rockefeller owns 247,612 shares
of stock, and his holdings are almost flva
times larger than the. shareholdings of any
other Individual Interest. The record
shows, though, since the dissolution of thu
liquidating trust, Mr. Rockefeller has dis
posed of nearly 10,000 shares of his holdings.
Accountants for the government are still
engaged on the records of the liquidating
trustees and ledgers obtained from the
Standard Oil company, and while the ex
amination hus not been fully completed It
was said today that tho books show that
since 1)82 to the present time the oil com
bine has earned between (8C0.0uO.000 and
1900,000.000. It is expected that next week
the actual figures will be produced In court.
Mr. Tllford, treasurer of the Standard
company, was asked on resumption of the
hearing today If the dividend of the
Standard OH company of New Jersey In
im was $14,304.1Ss or Ia2.008.541.,
"I think tho dividend was S14.S04.188," t
plted Mr. Tllford. "And the reason why
the dividends were so small was that the
dividends In some of the subsidiary com
panies were almost nothing."
The University of Chicago owns S.0Q0
hares of tho Standard Oil company stock.
Dividends to Individuals, t '
."And these dividends were paid to Indi
vidual Instead of the Standard Oil com
jf.iny "f New JersceyT".
' I think so," said Mr. Tllford..
Mr. 'i'tlford said that to the present data
72,492 shares of the Standard Oil company
of , iw Jersey nad been exchanged for
trur. certificates. He said .there still re
mained outstanding stock of the subsidiary
companies which has not been exchanged
for the remaining eight shares of the
Btandsrd Oil company. ,
Mr. Tllford did not know If It was a fact
that In 188 or 1889 the Manhattan Oil com
pany of Ohio sold Its tank cars to the
Union Tank Line, a subsidiary company
of the Standard Oil company, nor could he
say If the Ohio OH company, another Stan
dard Oil company subsidiary, purchased
tho oil producing wells of the Manhattan
company.
' "Now, did not the Solar Refining com
pany, another subsidiary company of the
Standard Oil company, purchase at that
time 'the refinery of the Manhattan OH
company?'' asked Mr. Kellogg.
Mr. Tllford again replied: "I do not
know." Mr. Tllford was questioned re
garding the records showing the amounts
of shares of the subsidiary companies held
In exchange for the trustees' certificates.
The .witness said he did not have the
record.
Distribution of Holding.
Mr. Tllford was shown a record of share
holders of the Standard Oil company of
New Jersey on August IS, 1907. According
to Mr. Tllford 8,0(0 shares were owned by
John D. Archhold and 150 shares by John
F. Archbold, his son. . The former wn one
of the signers of the original trust agree
ment 9. Q. Bayne A Co. owned 410 shares.
B O. Bayne Is president of tjie Security OH
gnmpany. The witness gave little Informa
tion about the Identity of the numerous In
dividuals who hold the stock.
Mr. Kellogg reading over the list of stock
holders, many of wham he Inquired about
of Mr. Ttlord, spread on the record that
Henry M. Flagler owned $0,500 shares of
Standard Oil stock. Mr. Keltogg'a Inquiry
was directed to adduce that many of those
Individuals who signed the original trust
agreement In 1882 were still Identified with
the company. Oliver H. Payne, who signed
the trust agreement, holds 40.000 shares of
the company's stock. The stock holdings
of Charles H. Pratt were shown to be $2,582
shares, while his son, Charles M. Pratt,
the secretary of the company, owns 8,000
hares of the Standard's stock.
"How much does Mr. John D. Rockefel
ler own?"
"The record shows 247,892 shares," replied
Mr. Tllford.
"How many shares does William Rocke
feller ownf'a)
"I rind by the record 11,700 shares," an
swered Mr; Tllford.
"How many shares does H. H. Rogers
own:
"The record shows that Mr. Rogers owns
I8.030," answered Mr. Tllford, who further
stated that John XX Rockefeller. Jr.. owned
l.0 shares.
Some Stork Was Sold..
The present record of stockholders in the
Standard oil company of New Jersey shows
thst John D. Rockefeller has, since 1899.
when the Standard OH trust was finally dla
. lo'ved, reduced his holdings In the company
by 1,142 shores. It was developed yesterday
that Mr. "Rockefeller held Stt.Kf liquidating
trustees' certMcates out of a total of S73.0O
certificates.
The record of stockholders of tba Stand
ard Oil con. pan y of New Jersey, only part
of which was spread upon the court record,
farther showed thst ths University of Chi
cago owned 6,000 shares. Concerning the
business of the Standard Oil company of
aw York. Mr. Ttlord said It handled prac
tically of ths export .business of ths parent
company and that It purchased tb oil
(Continued en Second Page.)
OTMARY OF THE DEE
Saturday, 'fplfml.fr 21, I WOT.
1907 SEPTEMBER 1007
sua mom rut wco thu . sat
I 2 3 4 5 6 7
8 9 10 II 12 13 14
15, 16 17 18 19 20 21
22 23 21 25 26 27 28
29 30 " " 9 '
! 29 30 $
THE WG1TKCB.
Forecast till 7 p. m. Saturday:
,-J''''tH,1'.;MAi?A- '("'NC1L BU FFS AND
r IMTJ-ralr tonight and Saturday.
FOR N EBRASK A Saturday fair and
wnrmnr.
FOR IOWA-Saturday. fair.
Temperature n Omaha vesterdov:
Jlnur.
De.
... 71
... 70
... 71
5 .1. m
. a. m
T a. m
8 a. :n
9 a. in
10 a. in
11 a. til
12 m
1 p. m
2 p. in
3 p. m
4 p. m
5 p. tn
6 p. in
7 p. in
8 p. m
fi p. m
71
78
8il
81
M
84
87
88
84
75
i
. 70
. 71
DOMESTIC.
Representatives of various business or
ganizations of the country will meet nt
Atlantic City next Monday to discuss an
agreement on some form of bill of ladlnif.
Vara 1
Members of Zlon sect torture woman
afflicted with rheumatism until sho died.
Page 1
Profits f Standard Oil combine for
twenty-flve years have been $900,000,000.
Fag 1
Interborough-Metrnpolltan railroad re
fuses, to deliver its bonks to the new
Public Service commission. Page 1
Judge Lochrcn grants a temporary re
straining order prohibiting rate reduction
In Minnesota, with the understanding
that the rates shall be In effect until the
hearing on the merits of the case has
been held. Page 1
Railroad commission of Louisiana asks
for power to place orders in force di
rectly upon their Issuance. Paga 1
II. J. Uonden, formerly of Omaha, has a
paper on municipal ownership at the
Leugue of American Municipalities at
Norfolk. i Page B
Telegraphers' strike situation becomes
Interesting, union officers claiming no au
thority was given to call on Commis
sioner Nelll. . Page 1
Body, of Chicago, woman was found In
her room with her neck broken. Page 1
Striking dock laborers at Galveston are
beaten. rage I
Fourteen men drop to death In a
cage In the shaft of the Negaunee ml, in
at Marquette, Mich. Pag 1
Shoo manufacturing Industry of St.
Louis Is ti-d up by strike. . Page 1
Constantino goes on the stand at Chi
cago In his own behalf. Pag 1
NSBBAIXA. .
Food ' Commissioner ' Johnson orders
prosecution of Clay county creameryman
on charge of labelling . packages Im
properly. Pag 3
Governor. Sheldon has signified his ac
ceptance of tha Invitation to go to Keo
kuk to attend the reception to President
Roosevelt. Fags 3
POBEXQBT.
Italian government and the Vatican
takes unusual precautions to prevent de
struction of property during celebration
of anniversary of the falf of papal tem
poral power. . Page 1
LOCAL.
Senator Burkett declares navigation uf
Missouri will be resumed In not distant
future. Page 11
Belgium system of distributing news by
telephone is suggested for Omaha.
Pag 8
Henry W. Yates will oppose proposal
to allow banks to Issue paper without
security at meeting of American bank
ers. Page 1
Car of asphalt destined for Omaha is
lost on way from California and aa a re
sult repair work Is delayed. Paga
Union Pacific concedes use of OverlunJ
Limited to local passengers in Nebraska.
Pag IS
Prominent social event of Thursday was
reception and dunce by Mr. and Mrs.
Colpetser. Paga
MOYEMXirrS OP OCX AIT btbavixips.
Port. Arrived. Ballad.
NKW YORK Humburs .It d'llalla.
NEW YORK DfmucbUn La Provaac.
NEW YOHK Amarlka.
NEW YOHK ' Barbarous.
NEW YORK Caltlo.
HAVRE LaSavol
QUEKNSTOWN . atajettlo.
HAMBURG) ...... Patricia
LOCHREN GRANTS INJUNCTION
Federal Jadtr In Minnesota Will
Inqnlre Into Reasonableness
, of Low Rates.
ST. PAUL, Sept 20. Judge Lochren, tn
the federal court, this afternoon granted a
temporary restraining oredr on the appli
cation of ten railroads, as against tha
state's new passenger and freight rates,
with the provision that the rates as now
being enforced stand until a hearing on tha
merits of the case may 1 be had and de
termined. ,
The .hearing has been on an application
by stockholders of the ten Minnesota rail
roads for a temporary Injunction restrain
ing the operation of the 2-cent fares and the
freight rates established by the atate. The
hearing lasted fourteen days.
MEN GO 0UTJN SYMPATHY
she Mannfactnrlna; Business of St.
Loal Tied Vp as Result of
Strike.
T. LOUIS. Sept. 20. -The strike of 'shoe
cutters, instituted yesterday, resulted tn a
general strlko of shoe workers today, and
eighteen shoe factories In St. Louis, em
ploying nearly 30,000 workmen are Idle. The
gereral strike today was called In eym.
patby with the shoe cutters' strike. The
tasters, edge makers, trimmers, bottomers,
stock fitters and stitchers, who have walked
out In sympathy with the cutters, are only
partially organized. They have formulated
,no bill of grievances against the companies,
but it la probahle they will make demands
.as a consideration for returning to work.
jMOCRS .ASK FOR MORE TIME
, Trllieaaneii tirratly Divided on C'raaa.
Ilea of Hostilities .o Aaree
urut Reached.
CASABLANCA. 8. pi. 20. -The hostile
Moorish chiefs, who have been negotiating
for peace, had not appeared before General
Drude at t o'clock this afternoon, and the
armistice was extended until tomorrow.
I Couriers report the tribesmen much dl
Ivided un the question of cessation of hostilities.
UNIFORM BILL -OF LADING
Business Men Find Precautionary
Measures Necessary.
rnxwRVKcrr rr.nvnr. rrrv i
Repress" S Varlou Organ I-
' . ?S -Cnnva Situation
V jV .r lo Do A war
with Losses.
. YORK, Sept. 20. Various represen
ts .e business organlratlons of the coun
try will have delegates prtsent at the con
ference on the proposed new uniform bill
of lading, to be held In Atlantic City on
Monday next. The ohject is to discuss the
best form for a nationally uniform bill of
lading In order to prevent the losses oc
casioned to hankers and other business men
through lending money on or receipting for
merchandise shipped with a defective lad
ing bill. George W. Neville, chairman of
the bill of lading committee of the New
York cotton exchange, said today that here
tofore business has been done with all
agricultural products as well as a majority
of manufacturers on the Integrity of bills
of lading and on the assumption that the
railroads were responsible for such bills
when signed by their agents.
"The investigations conducted by the hill
of lading committee of the American
Bankers' association, and the decisions of
the various state courts published In the
report of this committee have caused a great
deal of concern among merchants," said Mr.
Neville. "The importers of cotton In Liver
pool, Bremen and Havre, nnd the foreign
bankers who buy the exchange which
facilitates the handling of the American
crops held a meeting in Liverpool recently
and vigorous protests were forwarded to
the New York Cotton exchange by the
Liverpool cotton association, against the
methods In use by railroads and steamship
agents In this country In signing bills of
lading.
"With a view of settling the difference
existing between the shipper and the rail
road company regarding the conditions of
bills of lading, the Interstate Commerco
commission In a semi-official way au
thorized the Carriers' association and the
Shippers' association to formulate an order
bill of lading, which should be used as a
model for all carriers In the United States
to adopt. . This bill of lading will b suh
mltfed to the Interstate Commerce commis
sion on October 18. While It is an Im
provement over that now In use. It hy no
means gives protection to the Innocenfthird
party, who buys the bill of lading, when
he pays draft with bill of lading attached
and as the bill of lading committee of the
Bankers' association have put in a sub
stitute for the Joint committees bill of
lading, the Commercial exchange of this
city and the south are preparing to be
represented at the meeting In Washington
on October 16 and request that the uniform
bill of lading be so drafted as to give abso
lute protection to the Innocent third party,
vis: The purchaser of the goods covered
by the bill of lading."
DELAYS TWO-CENT FARE CASE!
Pennsylvania' Attorney General ',
Finds It Impossible to Hasten
Hearlna; In Court.
PHILADELPHIA, Sept. 20.-Owing' to the
engagement of Attorney General Todd In
connection with, the . prosecutions' of tho
capitol' fraud casea the argument on the
city's exceptions to tho. court's ruling in
the Pennsylvania railroad's 2-cent rate suit,
which was to have been hearcl in common
pleas court tomorrow, has been postponed
until the following Saturday. This delay
precludes all possibility of getting the mat
ter before the supreme court and disposed
of before October 1, the date the new rate
law becomes effective, as had been hoped
for tn some quarters. In toe meantime the
officials of the Pennsylvania and Reading
railroads continue reticent as ta what ac
tion they will take on that date as to the
adjustment of their passenger fare to the
2-cent basis other than that previously ex
pressed, that there ia no disposition to
evade the law In the Interim.
CHICAGO WOMAN STRANGLED
Body Fonnd In Her Room with Keck
Broken Parse Fonnd
Empty.
CHICAGO, Sept. 20 Mrs. Lillian White
Orant, a kindergarten teache In the public
schools, was found dead in bed today In her
home at 5520 Madison avenue, her neck
broken by a piece of linen cloth twisted
about her throat. Mrs. Grant's emptied
purse was found later In the day in the
office of a physician fifty feet distant. The
police suspect a colored chore man of the
neighborhood. Mrs. Grant was Intending
to move, and had engaged two men to carry
her furniture. One of them went to the
room yesterday morning, and seeing the
body lying across the bed withdrew. Today
he went again, and finding the body In the
same position, notified the police.
INTERB0R0UGH IS OBSTINATE
Still Declines to Prouuc Ita Books I
for Inspection of New
Commission. I
NEW YORK, Sept. 20.-Thls Is the last 1
day of the tlmo given by the public com
mission to the Interborough-Metropolltan
company In which to produce Its books and :
those of the Metropolitan Securities com- '
pany for examination by the commission's
accountant; Marvyn Scudder. Tho coin-
I mission wishes the books for its lnauirv
Into traction matters. It was said at the
commission's office that the traction com
parer had given no Indication of Its lnten- '
tions In tha matter. If the company lets 1
the day pass -without answering or ask-'
Ing for an extension the matter will prob- '
amy oe laxen to court.
LOUISIANA BECOMES AROUSED
Railroad Commission Anxious tn Have ,
Power to Blake Orders Im. j
mediately Effective. j
NEW ORLEANS, 6ept. 20.-The beginning '
of agitation for drastic railroad legislation
in Louisiana following the lead of other
southern states Is announced In an appeal '
to the public by the Louisiana Railroad :
commission. Voters are urged to change
the state constitution to give the commis
sion more power. Chief among the powers
asked is that of making orders of the com
mission Immediately effective. j
FOURTEEN DROP TO DEATH j
Cage Filled with Men In Xrganneo
Mine Falls t Bottom
of Shaft.
MARQUETTE. Mich.. Sept. 20.-A cage j
filled with men, betcg lowered Into tha !
Negaunee mine, fell to the bottom of the :
shaft and fourteen men were killed and a :
number Injured. j
(strikers" tactics unknown
Secretary Loch Refuses to Say
Whether Telegrapher Made
Appeal lo President.
OYSTER BAY, N. Y.. Sept. 20-Whether
the striking telegraphers have appealed to
President Roosevelt to srhltrate the ques
tions Involved In the strike could not be
ascertained at the president's offices today.
Secretary Loeb declined either to affirm or
deny the report published today that Percy
Thomas, deputy vice president of the com
mercial telegraph union, and Panlel L.
Russell, former president of the New York
city local union, had visited the president
nt Sagamore Hill on Wednesday and talked
with him for two hours. Mr. Loob would
say nothing whatever about the report.
NEW YORK, Sept. 2". Thomas L. Mahan
and Arthur O. Douglass, officials of the
local Telegraphers' union, had no authority
to go to Washington and request Labor
Commissioner Nelll to take steps looking
to arbitration of the present strike, accord
ing to a statement mnde at the headquar
ters of the strikers' union In this city to
dsy. It was stated that they had no other
authority than to announce the demands
upon which the union would Insist. It was
declared also on behalf of the union that
the New York local union has not adopted
a resolution calling for arbitration.
President Small said today that the situa
tion Is more hopeful within the last three
days than it has been since the strike be
gan. "I do not look for a speedy termina
tion of the strike, and negotiations that are
now pending may last a week or ten days
before completion," he added. "The tele
graph companies and the strikers cannot
get together. Arbitration must come. If It
comes at all, from a third and outside
souice."
Mr. Small expects to leave for Chicago
today or tomorrow.
CONSTANTINE GOES ON STAND
Testifies that Mrs. Gentry Cut Her!
Own Tront In Her
Home.
CHICAGO. Sept. 20-Frank J. Constan
tino, on trial for the murder of Mrs. Louise
Gentry, took the stand in his own defense
today. He showed absolute composure, and
testified without hesitation. He said that
when he engaged a room In the Gentry
home, he told Mrs. Gentry that his father
was a wealthy real estate man.
"Did you never tell them you were of
royal blood."
"I did. I am a descendent from Italian
royalty."
on the door and then left her standing there
Constanttne declared he had heard Mr.
and Mrs. Gentry quarreling many times.
On the day of the tragedy he told Mrs.
Gentry lie was about to leave the city
and she persistently asked him to take her
with him. He positively refused. She then,
according to his story, picked up the razor
with which he had been shaving and cut
her own throat.
He declared that he carried her down to
the door of Dr. Dohcrty's office, pounded
o nthe door and then left her standing there
while ho ran" for another' doctor. Ho said
that he noticed while hunting for this
second doctor that there was blood on the
sleeve of his coat, and he thought that If
he returned, he would be accused of U.a
muixler, and would net receive Justice In
the courts because he was a stronger In
the city. He had always since wanted tb
give himself up, but had been dissuaded
by the members of his family.
CHINA IS MAKING PROGRESS
Foundation for Parliament Is to Be
Laid In New Conncll of
Deliberation.
PEKING, Sept. 20. An imperial edict was
Issued today authorizing Prince Pu Lun,
who was Chinese envoy at the St. Louis ex
position, and Sun Chi Anal, In co-operation
with the grand council, to frame regula
tions for the establishment of a council of
deliberation to aid the government "so that
the foundation may be laid for 'a parlia
ment." The dowager empress says that In
the establishment of a representative gov
ernment for China the opinion of all must
be considered, and though the upper and
lower houses are foundations of administra
tions, the throne is unable to establish
them In China at present.
Both Chang Chi Tung and Yuan Shi Kal
since coming to Peking on their appoint
ment as grand councillors have urged the
establishment of a constitutional form of
government, recalling the fact that this
reform has been promised and that China
and all the rest of the world expected to
see It carried out. Memorials to the throne
from the highest officials throughout China
continue to reach Peking In large num
bers, urging the throne to grant China a
constitutional government.
PRECAUTIONS AT VATICAN
Italian Government Causes Buildings
to Be Guarded to Prevent
Outlawry.
ROME, Sept. 20. This being the thirty
seventh anniversary of the occupation of
Rome by the Italian troops and the fall
of the temporal power of the papacy, all
the armed men In the Vatican were de
tailed to watch the entrance of the apos
tolio palace or to patrol the garden and
court yards, considerable anxiety being felt
regarding the possibility of hostile demon
strations In view of the recent displays
of anti-Catholic feeling. 1
Cardinal Merry Del Val, the papal secre
tary of state, who Is at Castel Gandolfo,
Is In frequent telephonic communication
with the Vatican, Informing the pope of the
situation In various parts of Italy. The
government, In order to prevent the possi
bility of outrage, has caused tho Vatican to
be guarded night and day by troops.
EIGHT HUNDRED ARRESTED
Troops Descend on Factory and Take
In Charge Employes Accused
of Murder.
LODZ. ' Russian Poland, Sept. 20.
Troops and police made a sudden descent
today upon the large cotton mill here
owned by Marcus Silbersteln, who was
murdered by his employes September 1J
because he refused to pay them for the
time they were out on strike. Eight
hundred of the workmen were taken Into
custody.
SANITARY CONDITIONS GOOD
Cuban Ports Arc Much Improved
Since Occupation by Ameri
can Troops.
WASHINGTON. Sept. Su.-The sanitary '
conditions at the varloua army ports
throughout Cuba are very good, accprdlng
to the report of the chief surguon of the
army of Cuban pacification. These condi-
tlona. It Is said, have steadily Improved
since the occupation by United States
troops. Eighteen deaths occurred during 1
that time, principally from typhoid fever. I
The ratio of deaths to the command waa i
l&i per thousand of mean strength,
FICOT ON UNSECURED PA1 E l
Issue Before Convention of American
Bankers at Atlantic City.
YATES WILL OPPOSE IT TO LAST
Luther Drnke One of Few Western
Dankera For It and W. II.
Buehols, ( Third Omaha
Delegate, with Yatea.
"The great question which will come be
fore the American bankers' convention will
be that of accepting the report of the cur
rency committee,'' said Henry W. Yates,
president of the .Nebraska National bank
and a delegate to the convention, which
meets next week In Atlantic City. "This
committee was appointed two years ago
end after pursuing extensive Investigation
and spending much money It reported In
favor of giving the banks authority to
issue paper without security. This report
was made at the national convention In
St. Louis last year. Our state convention
met immediately after that, and Nebraska
bankers were almost unanimously against
such a measure.
"It Is likely the measure will receive
strong support from eastern bankers be
cause they want more money back there.
Wail street wants It for Its operations.
The measure will receive support alsj from
the bankers of the south. In the west we
are almost unanimously against it. In a
country like this paper money Is not
needed. Wo have ample assets; we are roll
ing in wealth. Only poor, Impoverished
countries need paper money.
Report May Be Adopted.
"The report of the committee may be
adopted and congress may be asked to
pass a measure authorizing banks to issue
such unsecured paper In times of financial
stress. The president and congress have
promised their co-operation If the bankers
agree that such a measure is expedient.
If there Is a strong and determined fight
against the committee's report I do not
believe the president and congress will
authorize such a radical step In banking.
I shall fight It with all m'y strength."
Mr. Yates will leave early next week' for
Atlantic City, where the convention meets.
At Its close he will go to Richmond, Va.,
to attend the general conference of the
Episcopal church, to which he la also a
delegate.
Luther Drake, president of the Merchants'
National bank, Is one of the few western
men tvho are in favor of this measure. He
was a member of the committee which
made the report. He Is also a delegate to
the convention in Atlantic City.
W. H. Bucholx, cashier of the Omaha
National bank, la the other Omaha dele
gate to the convention.
Calls It Balloon Money
"The report of the currency committeo
recommends what I consider 'balloon
money,' " he said. "It Is the desire of
every banker to have a currency which
will expand In times of financial stress and
thus prevent panics. That was what thu
committee set out to find, but In my opinion
it failed utterly. The plan advised would
give an expanded currency, but It would
be expanded all. the time and would not
contract In a healthy manner at the proper
time..
"Whether or not Nebraska Is to have a
new merrjier on the executive committee
will be an Important question. J. T.
Trenery of Pawnee City was our repre
sentative on that Important committee, but
he has removed to St. Joseph. The con
vention may hold that his removal from
the state does not constitute a vacancy.
If there Is a vacancy S. H. Burnam, prest
dtnt of tho -First National bank of Lincoln
will be a candidate for the place.
"There will also be a hard fight for the
position of secretary, wblch Is highly hon
orable and lucrative. This place has been
held for some years by Colonel R. B.
Branch of New York, but this year there
will be several other candidates each deter
mined to. get the plum."
VISIT SOUTH OMAHA STOCK YARDS
Bankers View Big Packing Interests
and Dine at Kxchanbe Building.
One hundred delegates of the Nebraska
Bankers' association accepted the Invita
tion of the South Omaha banks to pay a
visit to the live stock center Friday morn
ing. They arrived on a special car at about
9 a. m. and were welcomed by delegations
from each of the banks. All left the car
at O street and proceeded at once to the
Omaha packing plant. The management
there threw open the plant and the dele
gates spent over an hour Inspecting the
different departments.
The hog floor attracted the delegates on
account of its uniform tidy appearance.
On leaving the packing house the delegates
went to the Exchange building and were
later guided through the sheep barns, where
the morning sales were Just closing. The
run was about 11,000 head and the barna
were not especially lively.
The delegates returned to the Exchange
building through the cattle pens. On their
arrival they were conducted to the Ex
change dining hall and served to a three
course luncheon. Plates were laid for 100
and most of the places were taken. The
lunch was strictly Informal and at the
close the delegates dispersed to all parts
of the city or 'returned to Omaha to tr.ke
the afternoon trains 'for home. All pro
nounced the affair a decidedly profitable
experience in every way. Equal credit Is
due each of the South Omaha banks for
the entertainment. Mr. Folda of the Union
Slock Yards bank and Mr. French of t.ie
South Omaha National and Mr. Coad of t'.ie
Packers bank were with the delegates most
of the forenoon. The entertainment at the
luncheon was especially under the direc
tion of Mr. Folda, although he waa abiy
assisted by the men from bo(h the other
banks.
GRANT DEFENDS HIS GUNNERS
Bays Residents of New York Have)
Nothing tn Fear from
Nsrsl Side.
NEW YORK. Sept. 20.-Even If the navy
should be engaged elsewhere New Yorkers
need have no fear of their homes In case
of an attack by warships of a hostile coun
try, according to- Major General Frederick
D. Grant, commanding the department of
the east. While General Grant declines to
muko any comparisons between the work
of the navy and army gunners In the forts,
he did say this:
"I am convinced that the gunners In the
forts In my department can shoot so well
that they can put warships out of action
fully as fst as they can come up agsinst
them."
Considerable discussion has been en
gendered between army and navy men over
the quality of marksmanship displayed In
each branch of the service. General Grant
said ha was aware the navy gunners were
eueh good marksmen, but army marksman
ship had always been, en ol his bobblaa.
BURKE WILL SIFT CHARGES
Former Nebraska Attorney
Have Chara-e of l.nnd
Crises.
to
Timothy F. Burke, t'nlted States district
attorney for Wyoming, who Is a former Ne
brasksn, having practiced law about twenty
years ago In Gage county as an associate
of former Attorney General Frank N.
Prout, has been sent to Boise, . Idaho, by
Attorney General Bonaparte for the spe
cial purpose of taking charge of the special
grand Jury, which was called last week to
convene at Boise, September 19.
Special Assistant Attorney General 8. R.
Rush of Omaha Is also Jn Boise sm will
assist in the trial of United States Senator
Rorah for alleged conspiracy In timber land
frauds, which will begin next Monday.
Assistant Attorney General Burch of
Washington will have charge of the trial
of Senator Borah, assisted by Mr. Rush.
In reference to the calling of the special
grand Jury, which was requested by Mr.
Burch, he said:
"In view of the peculiar nature of the
charges contained in the pleas In abate
ment filed ty Martin. Downs and ,We11s.
who are Jointly Indicted with Senator
Borah, I deemed It proper to request tho
court to call a special grand Jury. I also
wired the attorney general at Washington
for the appointment of an outside, un
prejudiced, experienced attorney to look
after the grand Jury and properly sift the
various rumors that have been going about,
and Mr. Burke has been selected In this
matter."
The charges Implied In the plea In abate
ment of the Indictment against the Boise
county timber land magnates are that Dis
trict Attorney Rulck of Idaho, who had
charge of the cases against Senator Borah,
Frank Martin and rjther prominent Idaho
men before the gtrahd Jury that brought
these indictments, refused to leave the
grand Jury room during the deliberations
of the grand Jury when about 'to vote on
tho Indictments. However. It Is not Inti
mated that the special grand Jury will In
vestigate the matter of District Attorney
Rulck's actions solely, but will cover tho
whole subject. Including affidavits made by
former members of the grand Jury and
statements alleged to have been made by
the various members.
William Sweet, one of the men named In
the Joint Indictment to be tried next Mon
day, has arrived In Boise and emphatically
states thst the report that he has repu
diated his evidence before the grand Jury,
and upon which evidence It is alleged the
indictmenta were chiefly based. Is untrue
ana does hlra a great Injustice. It was
largely upon this alleged repudiation of
Sweet's evidence before the grand Jury that
the grounds for tho plea in abatement Is
based.
A peculiar feature of the case Is that
Frank Martin, who files the plea In abate
ment, is one of the parties Included In the
Indictment and Is at the same time the
principal attorney for Senator Borah in the
forthcoming trial of the senator. The case
against Senator Borah will be tried Inde
pendently, but upon Its outcome will hinge
the conviction or acquittal of all those
named in the Indictment with him.
TREES FOR IRRIGATED LANDS
Department Conducts Series of
Exsetluestt of Value to
Settlers. .,
(From a Staff Correspondent.)
WASHINGTON, Sept. 20.(Special.)-Ex.
tensive Investigations of Irrigated lands In
the western states to determine the possi
bilities on tree planting on reclaimed tracts
have Just been completed by experts In the
forest service, and according to the first
reports of the studies the Judicious plant
ing of certain trees around homesteads and
along canals will greatly increase the value
of lands where Irrigation has played such
a prominent part In development.
The lands examined are In Montana.
Wyoming and the Dakotas, and are prac
tically treeless, as In the case on most lr
rigated tracts in these sections. While It
was found that the growing of trees under
the conditions found on most of the tracts
will be confronted with many difficulties
unless great care Is taken, It ha. been de
termlned that certain species can be grown
very successfully for windbreaks, shelter
belts, fuel and protection for canals
All of the land examined Is of great
value for agriculture, and. of course, tim
ber production on a large scale would not
be advisable, even If It were feasible. Plani
ng will be profitable, chiefly for the pro
tection it will give fttrm buildings, stock
yards and valuable fruit orchards from
heavy, winds and for the timber which can
begrown for fuel, fence post, and other
The principal difficulties to be met In
tree growing In the regions where the
examlnatlona were made are the great
extremes of temperature, which are al
ways an Important consideration, alnce it
Is the occasional period of extreme cold
and not the average winter temperature
which determines the adaptability of a
tree Damage by drouth and extreme
heat may oe largely overcome by lrrlga
tlon. but there la (no way to temper the
wintry blasts of these wlnd-awept
prairies. It has been found, however
that the choice of proper species of trees
will meet practically every difficulty en
countered. On the Irrigated tracta In Montaina.
Wyoming and the Dakotas belts of trees
are needed on the north and west :o
shield the farms from the severe cold
winds and on the south to check the
drying winds that come from that di
rection. Protection on the east Is not
so essential, yet if the management of
the buildings will permit, a narrow belt
of trees ,at least will be desirable.
It has been found species most suitable
for windbreaks and shelter belts are
green ash, boxelder, common cottonwood,
lanceleaf cottonwood, Russian wild olle,
Jack pine, while spruce, white elm, hack
berry, balm of gllead. almond-leaf wil
low, western 'yellow pine, p.ocky moun
tain Juniper and blue spruce.
BIDS LET FOR NEW BOATS
Secretary Metcalf Decides Who Shall
Construct Torpedo Boat
Destroyers.
WASHINGTON, D. C. Sept. 20.-Secre-eary
Metcalf today awarded the contract
for the construction of five torpedo boat
destroyers, provision for which was made
by the last congress, and bids for which
were opened at the navy department about
a month ago. The following were the suc
cessful bidders:
VMlliani Cramp und Sons, two ships at
SCS5,CO0 each.
The Pith lion Worka, two ships at
$624,000 each.
The New York Shipbuilding company,
one ship at '.5.000.
The hulls of all these vessels are to be
on plana prepared by the navy department,
and the machinery on plans proposed bj
the bidders. Turbine machines of the
Parsons type are to be Intsalled In all the
ahhya,
WILL MEET L OMAHA
Gate City Captures Convention ol
Municipal League.
SEVERAL OTHER CANDIDATES
Niagara Falls, Atlantio City, Loi
, Angeles and Duluth Wanted It.
J. B. MAH00D ELECTED PRESIDES"!
New Executive of Leng-ue is Mayor of
Baltimore.
DES MOINES MAN GIVEN 0FFICI
John McVlcnr Is Choirs Secretory
Treasurer Debate nn Municipal
Ownership Closes the
Convention.
NORFOLK, Va.. Sept. 20 The Leng ie
of American Municipalities adjourned
sine die today after selecting Omaha for
the 1908 convention over Atlantic City, (
Niagara Falls, Los Angeles and Duluth.
Officers were elected as follows: Presi
dent, J. Barry Mahonl, mayor of Balti
more; first vice president, SUus Cook,
mayor of F.nct St. Louis, 111.; ocond vice
president, Horace L. Wilson, mayor of
Wilmington, Del.; third vice president,
Emerson Coatsworth, mayor of Toronto;
fourth vice president, Henry M. Boards
ley of Kansas City; secretary-treasurer,
John MacVloar, Des dolnes, la. Ad
journment was followed by nn oystor
roast ut Cape Henry, where the delegate:!
assembled as Norfolk's guests. Munici
pal ownership constituted the principal
BUhJect of discussion at the closing "en
slon. Edward A. Moffltt, secretary of the
National Civic Federation's investigating
committee, opposed municipal ownership.
His strong address was answered by
President Dunne of Chicago, who advo
cated the municipal ownership Idea.
In the absence of 11. J. Gomlon of Chi-
cago, a paper prepared by him In oppo
sition to municipal ownership was read
by Councilman Young of Kansas City.
That the munlclpul ownership wave has
done good as a punishment and a warning
Is not to be denied. Perhaps the greatcsc
evil remaining lies In the widespread and
assiduously nurtured Impression that tha
scheme ls'potentially meritorious and sus
ceptible to universal applli'Bticin. There
may be places a very few where It Is a
good thing to hold In reserve over corpora
tions holding ljim-tlnie franchises or "per
petual" rights, or where tho admission of
other corporations of the same kind Is nut
feasible. But the American public should
be rescued from the Ideu that municipal
ownership Is an automatic remedy for vari
ous municipal Ills (us the Civic Federation's
committee insists it is not) und taught the
truth. The truth Is nothing; more or less
than that successful municipal ownership
under a form of popular government Is ex
tremely hard to attain. It must be the
product of conditions not found In the
avetago American city and rightly classed
as abnormal.
We are entering on an era, I believe
when the former derision of our govern
mental effeorts to regulate corporations will
-toe forgotten by the successful and satis
factory regulation of these corporations by
properly constituted authorities. Backed by
well-defined and earnest sentiment there
Is no ground to fear that imy law or sot
of laws will be rigidly enforced.
In the past the methods towards res;.
ujation have been crude; and effective
because both officials and people recognised
I the crudeness. New methods are being
l perfected and the support of the body
politic assures thorough execution.
A puDitc service corporation unaer
statutes such as exist in New York and
Wisconsin is absolutely at the mercy of
ugents of the law, equfppod with adequaoi
devices to secure obedience. Tho capital
Invested In these corporations does not wish
' to be devoured in whole or In part. Ths
! only other alternative lies In treating the
public fairly In the matter of prices and
service and living up to the law. This plan
certainly Is sounder and More apt to
produce the results expected than the
adoption of municipal ownership with its
attendant confusion of direction, suscep
tibility to "practical" politics, usual '
financial losses and not unusual inefficiency.
All that municipal ownership can hope to
save a community in a monetary sense are
the "profits." which are thought to be mak
ing. the stockholders of service corporations
rich. It Is a matter of common knowledge
that the.se profits are being and have been
reduced to slender murnlns, and with man
companies, wiped out altogether.
The lnublllty of munlclpul plants to buy
supplies, materials, brains or labor aa
cheaply as private Industries more than
overcomes this margin.
Mayor J. Barry Mahool of Baltimore,
was today unanimously elected president
of the League of American Municipalities.
Former President Dunne of Chicago was
presented with a handsome loving cup on
behalf of the convention by Councilman
Young of Kansas City.
WILL BRING MANY DELEGATUS
At Least 1,000 Member Expected to
Come In 1008.
City Comptroller C. O. Lobeck la the
man largely' responsible for the bringing of
the convention of the League of American
Municipalities to Omaha for 1908. About six
weeks ago he and Councilman M. F. Funk
houser went before the Commercial club
and asked their support of the effort. It
was granted an dthe club furnished tha
delegates, Lee Bridges, M. F. Funkhouser,
H. B. Zimman and Jeff W. Bel ford, with
badges to distribute, as advertisements fw
Omaha. The decision of the convention
shows that they have b.een active in James
town. "The League of American Municipalities
has been organized now for eleven years,"
said Mr. Lobeck Friday evening. "Omaha
haa been a member for ten years, or almost
since the beginning. The city pays out $r0
a year In annual dues. For this wo are al
lowed four delegates to the convention nnd
all city officials are counted members of the
I association. Last summer I was at the
Chicago meeting, when Ed F. Dunne was
elected president, and I believed that the
annual meeting would be a good thing to
bring to Omaha.
"When they meet In Omaha next sum
mer municipal problems of all kinds and
their solutions will be discussed. The Com
mercial club will aid In entertaining, and
j It Is very likely that there will be at least
1,000 delegates here."
EARTHQUAKE JN CALIFORNIA
Succession of Shocks Felt la Sooth,
rrn Portion of State
Nn Damage.
BAN BERNARDINO. Cal., Sept. 20.-Ai
earthquake shock that brought residents
of fills city Into the streets In ularm and
caused a general makeup n the arrange
nunls of many households, was experi
enced here last evening. The direction of
the shock was from southeast to northwest
and was preceded by a rumbling noise.
There seemed to be a succemlon ef shocks
terminating with a snap, that caused feur
and trembling among those who suffered
In the San Francisco disaster. In tha
mountains the shock waa most severa,
causing gret trees to sway aa if whipped
by a mighty tempest. No serious daiuag
waa reported la the valley