The commoner. (Lincoln, Neb.) 1901-1923, January 17, 1913, Page 10, Image 10

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The Commoner.
10
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WASHINGTON NEWS
VOLUME 13, NUMBER 2
It. M. Johnston of Toxntf, wjih
sworn In aa tho successor of Joseph
W. Balloy, In tho United States
senate.
flnvAi'iittinnl Inrinu nn fjirin Mnrt-
W rucoH ut low Intorost rates wore
proposed In a bill by Itopresontatlvo
Bathriok, of Ohio. The plan out-
1Im.1 t. li tJlnlti 4-1s nn va -l rant na
HIK AiJIUU in LU UllUlll tliu nil ii j u uwjv;ui co
IW tho "rural credits" system. Tho bill
would provide for the establishment
.I .. 1 ..P P !...... I.. Hi..
tVl 11 UUIU11U VI llll III 1IJHUU III uiu
trnnmirv flrmiirftnnni.. with JL loan
commissioner appointed by tho presi
dent. Tho secretary of tho treasury
would bo authorl.od to raise funds
for loaning to "bona ildo tutors of
tho soil" on farm mortgages, by tho
issuo of govornmont binds at not to
oxcoed -I por cdnt Interest. Tho
Beacon CDETC
Burner T Ilk k
FITS YOUR OLD LAMP.
1100 CandlA Powar Inoandaaoent
Ipuro whltollirht from fkeroiiono) coal
loll, Hotfl etthor gnu or oleotricity.
COSTS ONLY 1 CENT FOR 6 HOURS
i wo want ouopemon in cacti locality to
I whom wo can refer now ciiBtmners.
ITako adranUKO of our HporUI Offer to
leoauroa uwveon uurnor PREE. writo
(today. AOKNTfl WANTKD.
mm SUPPLY CO., 75 HeKieBldg., Kansas Clly, Mo.
HHifP TB fffflH
Investing for Profit FREE
rOR HIX HONTIIH, It Is worth I0 n copy to any man Intend
Inn to Invest nny money, however until, who has Invested
money iiuprnutably, or who can save 5 or more ter month,
but who hasn't teamed the nrt ol Investing' lor profit. It demon
trtles lha rtl earning power ol money, the knowledge
financiers nnd hankers hide Irum the masses. It reveals the
enormous profits banker make and thaws how tn make the
time profits. It explains how stupendous fortunes arc made
nd why made, how 51.000 ttrows to. iii 000. To Introduce my
maviilne. write me o. I'll send It six months absolutely
HUM', II. I. IUIIII1.II, Pub., IHH, SU w. Jarksun III,.
ClllUKO, III,
ASTHMA
CUREDTOSTAY CURED
Norolnptio. No return of
chokiiiK Hpella or otlior
, , . n h i ii in ii 1 1 u y mptoniH.
liptmsl BTRtom of trontniont npprovod by bunt U.S.
medloalnutliorltlunrui tho only HyBtoru known to txinnn.
JFREE TEST TREATMENT
InoludiiiK modlolnoH.propnrpd for nny onnRlvlnitn full
dosorljitlonotthooaso nnd HHiidlnir niunnxof Unnthmn.
tloMurfororB.AddrwHFiMiVK WHETZEL.M.D.
Dept.Z, WriBlzal DldQ.,238 North 40th Avo.,Chlou-
Tobacco Factory Wants Salesmen. ?, (
andrromotlon. I'xperlence unnecessary, as we ulve Complete
instructions, piedmont Tobacco Co., ur.s6,iianit, v
PATENTS
luilUl fortunes for yon. Our
froo booklet tells how, nml
tvlint. In I. it. out f7i .n.
Iinnkorfl nml mtmuluclurors rofuronccs. Terms
reasonable.
D. SWIFT & CO.
381 Seventh Street, WASHINGTON, D. C.
H04aHLLS IiilLaelBJw'tfk&EeBlaU& l Ml
W wvfj fejBni 1 flrrMaJj'fifV
-mxmsrn sjifcy
n wilt rn- i-ir-rrrriir
WOULD YOU
RlinW tllU Ufltnllu titntKI
tvnnttfrttni tt vmw !. i
", , svw j vua It lUllUa
nnd let them oeo wherein it
cxcci is nny ive Type.
writer mnuo, it wo would
enuonoiorourreeofUno
limit nt f.nt- fA. ....
. -wwav .v. jruu vu
iici-ij luruYcrns your own t
xiiiii on n postal cnrtl, or
r m latter to ut, clraply
M .- . t, iMrucuiarv.
tMtRSON TYPEWRITER CO.
Box 43& Woodstock, III.
ECZEMA
,se 0a1,,,,drT't Sa,t Rhum. Pruritus.
Milk-Cruet, Weeping Skin, Etc) '
EOZKMA CAN 1E CURED, OUXtlfiD TO
STAY, ami whon I nay cureil. 1 m nn i,t Ut i
V-p-y-n-K-D, ami not moroiy a"cl '," 1 un for
whtlo, to roturn worse Umn bororp iimV.n.K r
wko this brond statcinent ftffi? Ktu5r.a yi
sfmy tlmooii this ono illseaso and lundliniin ?J
, ive mo a chanco to prove iny clahnS WifJiU"t
we tod:u- you will onloy more real Mm rnJt:iL,t,n,r
loans would bo made on farms of
which at least one-half must bo
under cultivation. Applications for
loans would bo made to tho commis
sioner, who would certify tho value
of tho property, to bo ascertained by
tho owner and appraisers appointed
by tho commissioner, to tho secretary
of tho treasury, who would loan not
to exceed GO per cent of tho value
of the land on a mortgage made out
to tho socrotary of tho treasury at
not moro than 4 por cont Interest.
Tho bill would exempt both mort
gages and bonds issued under tho
act from taxation, and proposes an
appropriation of $100,000 for the in
stallation of tho plan.
A United Press dispatch says:
How to deal with recalcitrant wit
nesses and to forco from tho ad
ministration tho production of cer
tain treasury department records,
faced tho money trust Inquisitors. A
special meeting of the full house
banking committee was considered to
map out plans.
Refusal of tho administration to
disclose confidential reports by na
tional banks to the comptroller of
tho curroncy; evasion of testimony
of William Rockefeller of the
Standard Oil company, and flat re
fusal of G. G. Henry, a New York
broker, to disclose banks involved in
promoting tho California Petroleum
company were to be discussed.
Lawrence O. Murray, comptroller
of the currency, was summoned be
fore tho committee. Through him
it was proposed to show that Presi
dent Taft refused to divulge the na
tional banks reports to tho treas
ury department. Murray's testi
mony was designed to support the
committeo's contention that there
was immediate necessity for passage
by tho senate of tho resolution, al
ready passed by tho house, giving the
Pujo committee inquisitorial powers
over tho comptroller's confidential
representatives.
Chairman Pujo said that contempt
charges would bo rushed against
Broker Henry. Tho papers were be
ing prepared for certification to
Speaker Clark and submission to the
United States district attorney for
tho District of Columbia. The dis
trict attorney will decide if a case is
made out against Henry for presen
tation to tho federal grand jury.
Dispatch of an eminent throat spe
cialist to Nassau to examine William
Rockefeller is planned by the
probers.
Chairman Pujo said the com
mitteo's expert would leave here
soon. Pending the specialist's re
port, no further action is contemp
lated against Rockefeller.
It was also stated that tho com
mittee would not send a specialist
to Nassau to report on Rockefeller's
condition but that they would await
tho oil magnate's return to this coun-
Correspondence between Presi
dent Taft, Comptroller Murray At
torney General Wicker-sham and the
committee was read by Untermyer.
It told of the futile attempt of the
committee to secure Murray's bank
records.
"Without this data it will bo im
possible to acquaint the house with
the needed legislation," was a clause
?nnt0Jmyer s appeal t0 Taft Comp
troller Murray replied for tho presi
dent that congress has no "vlsitorial
powers" over tho banks. Bltonai
Other correspondence said that
Taft had told tho committee that
Murray could furnish such data as
1 et h?d uat nd but tnt he did nSt
wish to burden the comptroller wtth
extra investigation work, or to dis
close confidential matters.
"Tho committee desires to know
to what ends these banks aro used by
the great financial powers," Unter-
mvor wrnt.ft Murray.
The comptroller replied that he
had supplied "all public informa
tion" in his office. Ho said tho value
of stocks held by the banks had been
ascertained, but that it was held sub
ject to release by the president.
Untermyer brought out that Mur
ray favored publicity of the assets
of the banks, but that the law re
quired the comptroller to regard this
information as secret.
Murray said the national bank ex
aminers accepted the New York stock
exchange quotations as representing
tho real value of the securities listed
there and held by banks as collateral.
"Then, if these quotations were
fictitiously made by market manipu
lators, tho examiner would be mis
led as to the real value of securi
ties held for loans?" Untermyer
asked.
"To that extent they would," the
comptroller admitted.
A dispatch to the Philadelphia
North American says: Power of the
states over railroads and express
companies suffered a hard blow when
the supremo court held that since
the passage of the Carmack amend
ment to the interstate commerce law,
in 1906, the states have ceased to
have power to annul contracts be
tween railroads and shippers limit
ing the liability for tho loss of in
terstate shipments.
Another serious blow was de
livered when the court held that the
states, since the passage of the in
terstate commerce acts, and particu
larly the .Hepburn law, in 1906, had
no power to penalize railroads for
failure to furnish cars for interstate
shipments. In this connection, the
court declared unconstitutional the
Minnesota reciprocal demurrage law,
authorizing the recovery by ship
pers of a dollar a day for every day
during which the railroad failed to
furnish a car for tho movement of
freight.
The court not only annulled the
state, laws which seek to regulate the
liability, but it held that the federal
law, as expressed in the Carmack
amendment, dealt with the subject
of railroad shipments and that it did
not prohibit contracts limiting
liability in return on a low rate.
Justice Lurton said it was as
reasonable to base rates on value as
on the character of shipments.
Furthermore, he added, it was not
comfortable to plain principles of
justice that the shipper may under
state the value of his property for
the purpose of reducing the rate
and then recover a large value in
case of loss.
He laid down the principle that so
long as a railroad or express com
pany has published its rates based
on the valuation of the property, the
transportation company need not in
quire as to the value. He declared
that the shipper was bound by what
the receipt for the goods showed
and by the schedule of rates filed
with the interstate commerce com
mission. As to the reciprocal demurrage
low for interstate commarce, the
court said that the. Hepburn rate law
expressly fixed the duty of carriers to
furnish cars and that precluded the
states from acting further on that
subject.
The United States supreme court
has declared the principle that
"corners" of interstate commodities
such as articles of clothing and food'
are in violation of the Sherman anti
trust law, and held that, as far as
the Sherman law was concerned, tho
indictment in the New York federal
court of James Patten, Eugene Q
Scales, Prank H Hayne'and WiUiam
P. Brown, for "conspiring to run an
alleged cotton corner," was valid.
The case against them was sent back
for trial and other proceedings.
Justice Van Devanter announced
the opinion of the court. Justice
Lurton delivered a dissenting opinion
in which Chief Justice White and
Justice Holmes concurred.
An Associated press dispatch says:
Senator Bristow of Kansas, presented
to the senate a proposal for an indus
trial commission of seven members
to take over the work of bureau of
corporations and exercise control
over all persons, firms,, or corpora
tions doing an interstate business
with gross receipts of more than
$5,000,000 per year. Explaining the
bill to the senate, he said that it pro
posed to create a body similar to the
interstate commerce commission to
have the same power o.ver industrial
concerns that the latter exercises
over transportation companies. "The
purpose is to protect the people with
some degree of promptness from the
extortionate practices of powerful
corporations without destroying tho
business they represent," he said.
He declared that the proposed com
mission and the powers given to it
would not "interfere with big busi
ness operations if such operations are
along honest and creditable lines."
He declared that the Standard Oil
and Tobacco trust cases had demon
strated that tho courts were ineffec
tive for the supervision of big business.
Following is an Associated Press
dispatch: Washington, Jan. 13.
Robert W. Archbald of Scranton, Pa.,
for twenty-nine years an occupant of
judicial positions upon the Pennsyl
vania state bench, was today ad
judged guilty by the. United States
senate of "high crimes and misde
meanor," and was stripped of his office
and forever disqualified from holding
positions of public honor, or public
trust. The conviction -and judgment
came at the conclusion of the' 'im
peachment trial that has been pend
ing in the senate since last summer
on charges that Judge Archbald had
been guilty of misconduct and mis
behavior as a judge, and that he. cor
ruptly used his judicial power to fur
ther the private interests of himself
and his friends in the acquisition of
coal land properties in Pennsylvania.
Upon five of the thirteen charges
brought against him by the house ot
representatives, Judge Archbold was
found guilty. Upon the other eight
the senate voted him not guilty, the
maoority in some cases .being against
him but failing of the two-thirds ma
jority necessary for conviction. Any
one of the five verdicts of guilty was
enough to bring about the punish
ment imposed on him.
The end of the long fought
struggle in the senate came eaTly in
the afternon, when, the vote was
taken on the first article oMmpeach
ment. With gallery doors locked to
prevent the movement of spectators,
an unaccustomed hush prevailed
through the chamber, senators rose
in their places as their names were
called and pronounced the word
guilty" in almost inaudible tones.
The vote on the first charge, that
Judge Archbold had corruptly in
fluenced officials of the Erie railroad
to sell him the Katydid culm dump at
Scranton, resulted in his conviction
by a vote of C8 to 5.
In a little committee room off .the
gallery floor, behind a guarded door,
Judge Archbdld, his wife and his son,
Hugh, sat throughout the afternoon
as the senate voted on the charges
against him. The first-vote of con
viction was carried to him by his son
from the gallery.
An Associated Press dispatch gays:
An investigation of the conduct ot
two federal judges, Judge Van Val
kenburgh, of the western .district of
Missouri, And Judge John C. Pollock
(Continued on Pag IS.)