Omaha daily bee. (Omaha [Neb.]) 187?-1922, August 25, 1909, Image 1
The Omaha Daily Be TIIE OMAHA DEE eJan, r1!ebl arwepap that to fcdmtttad to aack and rrj home. WEATHElt FOEECAST. For Nebraska Generally f&lr. For low. Unsettled. For weather report see page 3. VOI.. XXXIX-NO. CO. OMAHA, WEDNESDAY MORNING, AUGUST 25, 1900 TEN PAGES. SINGLE COPY TWO CENTS. EXCISE TAX IS FOE TO TRUSTS President Lehma.ua of Bar Attocia- tioa Ssys it Has Significance " Beyond Bevenue Feature. IT 0TE1TS L00E TO BEGULATIOH Bight of Public Supervision at Broad M Interests Affected. . EOLDDJO COMPANY NEW DE' - Successor of Trusts Eee&l in '-. Stated and More Effective. Negro Shoots Twenty-Nine atMonroe, La. Black Han Buns Amuck with Double-Barreled Shotgun Killed and Body Burned. RAILROADS WIN RIVER RATE CASE Reduction of Through Tariff from Seaboard to Missouri Gate ways it Enjoined. DECISION IS FAB BEACHING Majority of Court Holdi Commission Exceeded Ita Powers. JUDGE BAKER DOES HOT AGREE Says Commission Should Have as Much Power as Railroads. E. II. HARMMAN KEACHES HOME Master Builder of Railroads Returns a Tired, Sick Man, Seeking Health. FINANCIAL WORLD ON TIPTOE - Meotopoly BMomaa Mora Nculr Col plet u( It Operations Cannot B Reached Throaajh tat Lawa. DETROIT, Aug. 24. The excise tax upon corporation Imposed at the special session of congress baa a significance far beyond Ita ravanua features, according to Fred erick W. Lehmann, prealdant of the Amer ican Bar association, who delivered bis annual addraas at the meeting of the or ganisation today. "It la of highest Importance aa the open ing door to regulation which will broaden with th years." said Mr. Lehmann. 'There la this mo invasion of merely private affair. A business oondacted by corporate methods la not a private bualnesa. Corpor ate powers are not natural rights and the general welfare la the only luatflcatlon for the grant of them. Th right of public supervision Inheres la them and la aa broad aa th Interests that may bo af fected." Mr. Ulusun declared that the trust is obeolet. "Nobody now la so Ignorant or o defiant of law as to think of forming 'one." said be. "And It Is very easy to do much better. Out of the aahea of the truat' baa sprung the holding oompany, the trust' In an Improved, perfected form. The holding company doaa and Is designed to do exactly what waa dons by the truat,' and does It more efficiently. la It tindar the ban of the law? Certainly not In all of tho at ate." ' Hew "Trast" Is Legalised. Mr. Lafimann mentioned the prohibition In Montana againat trust. "Having slain tho senile and debilitated 'truat,' they made Invulnerable through legitimacy Its youth ful and sturdy suooeaaor, the holding com pear," said he. The speaker said theae :Aw lawa aland together, with the result .that any Industry er buslnaa of tho at at i may bo leigally monopolised. Provided It J is well and thoroughly dona, and no halt way measures are employed. This condl tlon of th law exist In other state, ho assort. "But th needing oompany la not the full and final development of industrial ombinsalon, continued Mr. Lehmann. This, is reacfeed Jta-IR mgle corporation With unlimited power of capitalisation and direct owaorahlp of th biutneaa and pro perties with, waken K deals. Here to ellm mated vaa tho disturbing element of min ority Inter In eonatttuant companie ,,Tet ita Me whk prohibit truat' and as sume to prohibit monopolies, aet no bounds lor fix the Umil so high that under It many 'industrial tnay be completely engrossed. "Th reantt of soon legislation la almply to prevent combination where the ap 'pearaa of competition la maintained and to saneti U where tho combination la pn. avowed and moat effective. That car. tainry was not th popular purpose. The , movement against truata' waa againat the , monopoly of Industry or business, how 1 ; ever aseorapUsbed, and the more i thoroughly It waa don, tho greatr was the objection to It. The aaauranca that tho ooonomle resulting from combination .would aaaapon produetlon and that this , would go to the benefit of th consumer i wis never accepted. Our people have no : tail in a becervotent despotism. They know that power tends to abuse. A corporation ' largo enough to eagres an Industry can ! not be trusted to a generous or even a Just wa of it mastery. A enllgntened 1 elf-lntrt may find Its real and lasting ! advantage In moderation, but eelf-lntereat does set men olf-nllghtenment. Recent dsloloswro ahcrv that greed has not ohanged ' Its nature and still grows by what It feeds upon. Th complete absorption of a rival Is not beyond it capacity, and tho crumbs f a tala balance are not beneath its eovtouneaa v Ha an say Between States, N State ean deal with the problem singly and master It, and there haa been , and oaa be ao concert of notion between th state "The great Industrial corporation are In practical affect as ah sgencles of in' tare late oommosoo a are the great carrier pomps nie u uie proaucuon or a com modity is under one control, commerce in that oornmodlry la vnder the same eon I trol, hat unfortunately production Is held not to be within the commerce olauee of the federal constitution, and so combina tions t engross production may be of fee led. because tho general government oannot prevent them, and the atatea In which they are located will not. But Something can be done under the taxing power. Mr. Lhmann then referred to the algnlf icanee of tho federal tax on corporations. Continuing, the speaker aald: "Almost the flrat law enacted by tho flrat oongreea of th United States at ita first seaalun was on levying duties upon Importa, the purposes declared by th act blng the support of government, the discharge of the debts of the United States, and the en- Ouuxaeiuat and protection cf !ueDufee i iurea,' and wo have never been without sueh a law. What may thus be aided by tie government may also be regulated, for there la no more a atratcb of federal authority In th exercise, of control over ut kid us tries than in extending to them a onatant fostering care. 1 aeervlsloa Alda lave tor. TThe Investor In corporate aecurltlea needs the protection which cornea from au pervtaion and publicity. The New Tork Bar aaeocUUon recently recommended iw permitting corporation to Uaue shares without a par value and as represents only aliquot part of the ownership. Tits proposition, la was aald. had attracted great 'deal of sympathetic support from bualnea men who were looking for a way of reconciling tho neceaaary methods of buetaeae with the interests of ethica and who feci that they have been disturbed by the apparent conflict and more than an apparent conflict between tho unlvereal Continued. 00, eoond iaTa DOES WOBK KOBE THOEOUGH MONROE, Ala., Aug. 24. Angered, ft la believed, becauee two of hla friend had "ecently been ahot by police in thla city, VII 11am S. Wade, a negro, today ran murk on the principal bualnesa street of onroe. With a double-barrelled gun ha ot first at every white, man he aaw d then at every object near him. The 0 waa returned and the negro finally 1 dead with a bullet through hla heart, , not before twenty-nine men, three of m negroea, bad been wounded. Be lly wounded: ' JOH BIGGER, policeman, shot In b- en and thigh; may die. .H. GRANT, deputy aherlff, ahot In ., and breaat; may die. SIMON MARKS, merchant. Tuekee. Ala.. ahot In breaat and face; may die. GEORGE MCORMAO K. ' manajrer of Ouchlta Lumber Co.. West Monroe, arm shattered. Wade'a body was publicly burned after It had been cut down from a pole on which it had been hung for half an hour or more after he waa killed. It waa at flrat reported that Wade waa half erased from cocaine and cheap whleky, but an inveatlgatlon by the police showed that when he purchased the ehot- gun and box of shells a few mlnutee be fore he flrat opened fire there waa nothing unusual In hla manner. He had not been drinking nor did he show any evidence of having taken cocaine. Wade came to Monroe recently from Pine Bluffs, Ark. He waa accompanied by several other negroes and they began to make trouble for the local police aoon after they arrived. It was alleged that they were members of a sooiety In Ar- kansaa which had as ita object revenge for all Injuries done negroea. Saloon Keepers After Druggists Fire and Police Commissioners to Hear Their Complaint Next Tuesday. Th saloon men of Omaha have taken up tho fight againat drug stores which en gage In tho alleged Illegal sale of liquor. At the meeting of the Board of Fire and Police commissioners last night a commu nication waa received from the' Progressive Liquor league, an organisation of Omaha saloon men, requesting a hearing along this line. Th board set next Tuesday night, August 81, as tho time when repre sentatives of th leagu will be heard. A report was received from the chief of polio informing the board, of tho com plaint filed against nine saloon men for keeping o be tractions in their window and ot tho aetioa of tho polio court in dis missing th charge. No action was taken by th board further than to place the oommunloatlon on tile. A request from tho Dee Moines (la.) polio department that Detective Can Davis be loaned there during their stale fain which commenoes August 28, wa or dered granted on th recommendation of the chief of police. The board virtually admitted the liability of the city for damages incurred by offi cers of the law In pursuing criminals. The matter came up on a request of the Mo-Coy-Flnlayaon Printing oompany for fLO.&O for a plate glass window shattered at 1312 Dodge street by Detective McDonald, who waa shooting at an alleged burglar he was trying to capture, Tho bill was allowed as presented. Beoauae ha had been doing tho house work and taking care of tho children while hla wife waa oonflned to her bed with a broken leg Engine Driver Patrick Con nolly of oompany No. I of tho tiro de partment was found not guilty of sleeping while on duty, the board holding that the facts constituted a valid excuse. DROUTH IN OKLAHOMA ENDS Heavy Rata Yeeterday Assures Satis factory Yields of Cotton aad Corn. KANSAS CITT, Mo., Aug. M. The long drouth in Oklahoma, Arkansas and parts of southern Mlaaouri was broken tonight by a heavy rain. The heat, which haa been excaaalve alnce July IS, waa checked. Satisfactory yields of corn' and cotton are aaaurad. Reports from Fort Smith. Ark., and Muskogee, Okl., say the rain wa gen- oral and that the crops had been lm menaely helped. MRS. SUNDAY DENIES WRECK Wife of Bvaaa-elUt Says She aad Hsisoad Met with If Aoetdeat. CHICAGO, Aug. St A telephone message received here today from Mrs. "Billy" Sunday, wife of tho evangelist, denies that Mr. and Mrs. Sunday were victims of an automobile accident near I. porta, Ind., yesterday. Three More Bodies Are Found at PITTSBURG, Aug. 14. Gloom covered the little manufacturing village of McKeee Hock like a pall today as long funeral processions proceeded from the Greek Catholio church to St. Mary's cemetery, a small burying place just outside Bchoen vllle. Striking workmen, led by a band of eight musicians followed to the grave the bodies of the strikers killed In the recent rioting. Three more bodies of terribly beaten strike sympathisers were found to day by troopers detailed to the work of searching tor dead and wounded. Two bodies under a pile ot railroad ties and one under a culvert on the tracks of tho Pitts burg and Lake Erie railroad, were pulled Into sight. Th corpses, hardly recognis able as those ot human beings, were has tily piled Into a morgue wagon and turned over to the county officers. With the burial ot the dead strikers and the finding of th additional bodies cama a truce ia hostilities. Frm dawn to nightfall not a pistol shot waa heard, neither wa an ar- . li a i a IN DENVER CASE Enforcement of Cat froea Cblcaa-o and St. Loalj to Colorado Alao Held Up Thla Beneftta Mleeoarl River Cltiea. CHICAGO, Aug. U. Manufacturers and producers generally in the territory be tween Buffalo, Pittsburg and Parkers burg, on the east, and the Mississippi river on the west are regarded aa the greatest beneficiaries by the majority decision Ot the, United Statea circuit court here today, permanently enjoining the Interstate Com merce commission from enforcing it aea-board-Mlasourl river through rate In the famous Missouri river rate case. The opinion of Judges Qroascup and Kohlsaat (Judge Baker dissenting), if sus tained by the supreme oourt of the United Statea, will greatly curtail the power of the commisalon over transportation rates, restricting It to a sort of police court ad judication of specific cases of alleged dis crimination. The rate-making power re mains in tho hands of tho railroads. Order la Denver Rate Case. The Missouri river cities, which would have profited had the commission's order been allowed to go Into effect, benefit by the court's ruling in the Denver rate case. In the latter a temporary restraining order was issued. This case and the Missouri river case are similar in principle, the former concern ing the commission's order of a new and re duced through rate between Chicago and St. Louis to Denver. I The commission's order of June 24, 1901, reduced the rate on flrat-claaa freight from the seaboard (east of Buffalo, Pittsburg and Parkersburg) to Mlaaouri river points from 11.48 to Sl.td. Thla order waa issued upon representation of the Missouri river Interests manufacturers and . Jobbers chiefly that the seaboard rate of $1.15 to Minneapolis and St. Paul was a dlscrimlna tlon againat them, Inasmucn aa the Twin Cltiea, using the cheaper water rate from the Mississippi, were able to undersell them In their own territory on articles coming originally . from the seaboard. The sea board shipper shared In tho profit seen In th eommlarlon'8 order over- his oonpetl' tors' in central traffic territory, who would not share In the reduced rate. According to sentiment aroused In Chicago, Mllwau kee, Detroit, St. Louis and other central trafflo .cities, the order was a discrimina tion calculated to ruin tnelr industries. They were not aroused, however, by the Denver case. This case was the Missouri river caae over again, save that central trafflo points and Denver would reap the benefit of a 23-cent reduction in the through rate which the Mlaaouri river points would not enjoy. Missouri river interests were to be protected against the middle west and Denver against the Mis souri river. The seaboard had an advan tage in both rates. N Power Over Throah Rates. In their opinion Judgea Grosscup and Kohlsaat held' congress In creating the In terstate commerce act had not Intended to place a power in the hands of a few men to build up one community or to ruin another. They held that In ordering the through rates at issue the commission bad greatly exceeded Ita powers. ' In dissenting Judge Baker discussed this point at length, declaring that the com' mission In ordering the through rates had done no more than tho railroads have always done. A the railroads were ex tended west, he said, new through rates were constaptly made and these rates were less than the Joint rates. When the rail road from New Tork to Buffalo was ex tended, say to Syracuse, the through rate from New Tork to Syracuse wa less than the sum of tho rates between New Tork and Buffalo and Buffalo and Syr a cuse. So rates, had been continued to be made aa tho railroads worked to the Mississippi, to the Mlaaouri, and beyond. The commission, ho said, merely attempted to make a new rate on tho same time honored principle, moving the basing line from the Mississippi to the Missouri river. He declared that had the commission not acted the railroads would in time, with the growing wealth of the trans-Missouri country, have followed their own pre cedent and made a through rate from tho seaboard to tho Missouri. Jnde Baker Makes Point. "Surely if the railroads have this power Judge Baker argued, "the commission like wise ha it. If this power la too dan gerous to bo In tho hands of commissioner (Continued on Second Page.) McKees Rocks The strikers and their sympathisers dur Ing trie day kept to themselvea and even gave- up a masa meeting planned for tho late afternoon aa they believed any gath erlng ot the workmen could do no good at tills time. Eugene V. Debs, socialistic orator, waa in McKeea Rocks to address the atnkera, but even he declared that worda were of little avail now aa the strikers- cause was all but lust. And on every Land tonight it ia con ceded that the atrlkera have met defeat. The Pressed Steel Car company's plant today was In operation with over 1,000 men at work. Martial law was supreme In th strike sons today, more than 160 stats and county officers patrolling the atreta and the car company atockade. The total death list resulting from Sun day night's disorders now totals eleven, while two are In hospitals expeoted to die within tho next twenty-four hours. Tho leas seriously Injured are all reported to be Imgr-jring; stowly. ORDER f1 It li fir V'j MsHK&--r -" From the Washington 8tar. ALL FOOD WILL BE PURE t Secretary Wilson Makes Prediction that Adulteration;" Will Stop. REMSEN BOARD TO BE SUSTAINED President Emery ef State Dairy avnd Food Official Makes Sensa tional Attack I'poa Ita Report. DENVER, Colo., Aug. S4,-That tho adulteration of food will soon cease alto gether In this country, and that -the Rem sert referee board appointed at the instance of President. Roowr)yo Investigate tke use ot bensoat ot aooaw a a preservative. would be ' sustained by ' hi department. were assertions of Secretary of Agricul ture James Wilson at th opening of the annual convention of the Association of State and National Food and Dairy de partments today. '' Secretary Wilson's remarks followed a bitter attack by J. Q. Emery, of Madison, Wis., president of the association. Pointing his finger at the secretary, Mr. Emery disputed the report of the referee board that bensoat had been found to be not harmful, and then accused the secre tary of having urged President Roosevelt to block a re-lnvestlgatlon ot the subject. Wlleoa Answers Thrust. 'Let me say," declared Secretary Wil son, Jumping to his feet, that if we had money enough down there in Washington to employ Dr. Ira Remsen and tho other four chemlats on his board we would try to get them into the Department of agri culture. I have told the president that wo want the biggest In the country in the department or the department will cease to grow, and when it oeases to grow I don't want agythlng more to do with It. "I'm glad to see you have invited Dr. Remsen and other members of the board to appear before you. I trust you will give them a fair hearing." "Why shouldn't we give them a fair hear ing?" shouted Mr. Emery., "This Insinua tion comes with poor grace from th secre tary, when we recall that it was he who blocked our request to have benxoato of soda re-lnvestlgated." (Continued on Second Page.) Common sense leads us to buy from advertisers. None of us like to deal with a dead one." It is the live busi ness man; the fellow that is up on his toes and after your trade that uses the great modern, powerful business getting force advertising. Oyer on the Want Ad pace you will find that a great many firms big and small advertise their best bargans, The little fellow in business uses want ads becaus he can tell his business story, forcefully, cheaply and ean talk Just at loud as any other advertiser. Th big; stores use them because they are read by everybody and they are too shrewd to overlook so good a chance to Increase their business. Have you read the want ads, yet, today. tx CUTTING TIIE CHINESE PIE Ten Nebraska Banks on the Roll of Honor Listed Among Those -with Surplus and Undivided Profits in Excess of Capital. An Interesting "roll of honor," consist ing of 1,098 national banks of the United States, with surplus and undivided profits in excess of capital. Is published by the New York Financier. Pennsylvania takes the flrat and the booby prim, th First National of Unlou - town "and th? Ylrst '"National" ot Mount Pleasant, respectively, winning high and low honors. Ten Nebraska banks have places In the list, the Albion National ranking highest In percentage. The other nine follow in this order: First, Aurora; First, Grand Island; First, rtoldrege; First, Omaha; Packers, South Omaha; South Omaha TTa- tlonal; First, Stanton; First, Tork, arid City National, Tork. Iowa haa twenty-three banka In the roll of honor; Kansas, sixteen; South Dakota, six; Wyoming, six; Montana, eight, and Colorado, eighteen. NEGRO PYTHIANS IN SESSION Delegates from Every Stat in tbe Union Gather la Kaaws City. KANSAS CITT, Mo., Aug. 24. With a delegation of 5,000 negro men and women from every state In the union, the supreme lodge of negro Knights of Pythias opened here today for a tour day session. Among the delegates are doctors, lawyers, bank ers, merchants, clerks, and those from every profession, trade and business fol lowed by negroes. The delegate are quar tered in a tent city. The supreme oourt of Calanthe will be presided over by John W. dtrauther of Greenville, Miss. In this meeting every phase of the negro question will be dis cussed. DIVORCE FOR MRS. GOULD No Alimony Mentioned and Hoa baad la Not Allowed to Remarry. NEW YORK, Aug. M. Mrs. Helen Kelly Oould obtained a final decree of divorce from Frank J. Oould today. Tho lnterloo utory decree was signed on May 20 of this year. There was no opposition today when Mrs. Gould's attorneys made a formal ap plication to Supremo Court Justice Olege rlch for the final papers. The decree gives tho custody of the two children, Helen and Dorothy, to each par ent for six months In each year. Mr. Qould is not permitted to remarry In thla state until after the death of his wife. The papers did not mention alimony. Nearly Two Hundred Are Drowned MONTEVIDEO, Aug. Si Between 15 and 200 persons wore drowned or other wise killed when, in a 'driving rainstorm about S o'clock this morning the Argentine excursion steamer Colombia and the North German Lloyd steamer Schlesien collided at the entrance of Montevideo harbor. The Colombia was entering port and the Schlesien waa outward bound for Bremen. Tho Colombia's bow was crushed In and It sank almost Immediately. The Colom bia carried about 200 passengers and a crew of forty-eight men. Most of the pas sengers were asleep and panlo followed the crash. Almost Immediately small boats put out to the sinking steamer, but the work of retcue waa rendered difficult by the high aea. About seventy persons were brought ashore. Most of the dead are women and children. A majority of the survlvora are men. The Colombia was carrying excursionists from Buenos Ay res to a festival at Mon tevideo and the disaster baa caused the keenest emotion, Tb I'raguayan govern- CRABTREE DEFENSE, STARTS Counsel for Soldier Tells of Belatives in Asylum. ACCUSED KICKED DYTHQ MAN Two Witnesses for Proaeeatioa Tell ot Brutal Assault Mad TJpoa Captain Raymond After He Had Been Sbot. Muoh more than a perfunctory defense Is being put up for Corporal Usle Crab- tree, on trial for hla life at Fort CrooK. The defense began its case yesterday alt- I MWm and lntroduowl onsiderabl taetl mdny to Show that the accused Is Insane. More will be Introduced and alienists will be called to the stand in the somewhat slender hop of saving Crabtree. Judge Parsons of Des Moines first out lined his side of tbs case. He said that the evidence had clearly shown that this crime had been committed. That there was no denying It and that there could be but one exouee for such a crime. He aald that Crabtree had been discharged from the Pennsylvania National guard to go into the Marine oorps. that at the end of four years he had come out with an excellent character as a sergeant. That he was now but 27 yaers old. That he had been dis satisfied with the post at Des Mbines ap parently, that he was insane on June IS and wa still in that condition. Relatives in Wiylnm. Parson said that he would Introduce evidence to show that there was Insanity in the family and that two relatives were now oonflned in asylums in Pennsylvania. Private Baroff waa then called. He stated that he had seen Crabtree sitting In a chair looking out of the window. He bad seen him walking about the quarters mumbling to himself. On cross-examina tlon it was shown that thee actions had made no Impression upon him at th time and that Crabtree had no friends in the troops at this time and was of a solitary nature and fond of reading, Private Faber gave evidence along the lines of that given by Baroff and stated that this waa a matter of somment In the troop. Both theae men were In Crabtree's squad and they both agreed that he had been patient with his man and had shown no undue temper. V. W. Baylor, a mason employed by the quartermaster at Deo Moines was called He had seen Crabtree In his cell at tbe guard house soon after tho shooting while working there. Ho said ho was excited, stared and talked to himself. Tried to Bite Guard Private Fiynn told of being posted as a sentinel over Crabtree's cell two daya after the shooting. Ho said that Crabtree seemed to be In a sort of daxe at this time, but was quiet He wa on thla poet for aome four or five time subsequently, Just after Captain Raymond had died he waa similarly engaged. Crabtree had Just (Continued on Second Pago.) at Montevideo ment In conaoquence has postponed the fetes arranged for the celebration of the inauguration of the port. Tho Schlesien was only slightly dam aged and has been detained here by the port authorities. Its commander attrib utes the collision to the wind and the high seas, which made both steamers at most unmanageable. The channel Is now partially obstructed by the wreck of tho Colombia. Most of tho survivors of that vessel were taken from the mast and many of them were injured. While great numbers of women and children were drowned almoat every one of the ship's complement was saved. Scores of bodlea have been recovered and are now lying at th custom house, but many of them have not been identified. Tho storm still continues, interrupting telegraph and telephone communication between Buenos Ayres and Montevideo, The Colombia was an old steamer of 1,200 tons engaged in the regular passen ger service between this port and Buenos Ayres. ' Stock Market Practically Stands Still as Boat Approaches. TALKS TO REPORTERS ON CAR His First Reference is to New Laws and New Office Holders. WILL BUILD MORE RAILROAD? Tributary I.lnea Will lie Extended Into Jtew Territory Sarplaa Earning to Be ITaed tor " This Parnate. NEW TOHX, Aug. St. Edward H. Harri- man, -genius of finance, leader of men and master builder of. railroads, came back to the United Plates today while the financial world stood on its tiptoes in anxiety and expectancy. He came back as he left, on une 1, last, a sick, 'tired man, seeking health. Tonight, surrounded by his family at his magnificent though uncompleted summer home at Arden on the Hudson, he has begun the "after cure," which ho r.eeds after the enervating baths and dietetic treatment he underwent at the Austrian resort Had Oasteln. How long he will remain In seclusion, how long It will be before he resumes the active di rection of hla vast railroad Interests de pends solely upon his health. He arrived today feeble, face gaunt and voice weak. And I have come borne," he said, "for a our and not for work." Many great Americans hav returned to their country under extraordinary circum stances, but never haa there been a more remarkable homecoming of a private dtl- sen than E. H. Harrtman's. Great stock market operators paused aa his ship drew near, the stock market Itself marked time and the Industrial world turned its eyes seaward, as it were, eAger for a glimpse of the man whose Illness abroad has fur nished much material for stock market rumors. Landa at Hobokea, Contrary to expectations the financier did not leave the Kaiser WUhelm II down the bay, but remained on board until tho vessel docked at Hoboken. Then, after' being aaaiated ashore, ho boarded a South ern PacLflo tug and was taken to Jersey City, where he was again assisted to his private car. From there the trip wa quickly made up the Hudson to his moun tain home at Arden. Although he flashed ashore a brief mes sage ot optimism at the request ot th Associated Press and conversed for a time with interviewers after the Kaiser's ar rival at quarantine,. It was no until, ho. had come ashore, been transferred , from Ho boken to Jersey City and placed comfort ably In his private oar that Mr, Kafrlman talked freely about himself hi health and bis hopes of early recovery. Then, reclin ing on a couch, pale and enfeebled, but with his usual optimism and tenacity ot mind, he talked to an audlenoo of more than a score of newspaper men before leav ing for Arden. Talk to Reporters. He began by apologising for his recum bent position while talking, Saying that while ho had taken his meals regularly all the way over. Just before he reached quarantine today he was attacked with naueea. This, he said, necessitated his lying down. Mr. Harrtman discussed things trivial and pertinent, and spoke lightly , of tho trying ordeals which physlolana had prescribed for him abroad. T am entirely satisfied with my trip abroad, as far aa my health la oonoerned," he said, "and I have nothing on my mind exoept to oome bom and take the 'after cure.' I lost ten pounds while over there and for a little fellow like me that la a great deal." Lying back on a pillow, his paid face seeming even paler In the artificial light of the car, Mr. Harrtman's quaint humor and oheerfulness of mind was in marked contrast to his physloan oonditlon. A be talked his wife and Judge R. 8. Loveil, vice president and general counsel of tho Union Pacific, stood close by and gently admonished him not to overtax hla strength. But Mr. Harrlmaa waved them aside and oontlnued to talk. His voice waa weak and he asked from time to time if those farthest from him could hear. Come Heme to sVest. "Thai doctors advised mt to oome homo and reet," he said, "although they In tended at flrat that I should rest abroad." Hero he smiled wanly and went on. "Tho photographing those doctors put mo through waa worse than upon my arrival here for they X-raytd me and did everything they could." Turning to ' railroad matters en of tho first questions asked Concerned his adop tion on a controlling Interest in Mewv Tork Central stock, an option which would give him with bis other road, aa un broken lino of steel east aad west from cooast to coast. "That Is an easy one," said th finan cier smiling, "but I would not tell you if I had." Here he took tho lead again himself. "I expect to find more officeholders than stockholders now," ho said. "Thert aro more new lawa and they never seem to displace the old ones; new laws mean new officeholders to administer them." "Do you refer lo Uie corporation tax?" ho was asked. "Yes and some state laws," was the reply. Not a Speculator. Sitting up and smllllng pleasantly, Mr. Harrlman Indulged In a few reminiscences. "Three years ago I was called a specu lator," he said. 'That was when Union Paclflo wa placed on a 10 per cent divi dend baala and Southern Pacific on a 6 per cent dividend basis. I had a hard time convincing my associates that the roads could pay 'dividends, but I had come to realise that we were building not better than we knew, but quicker than we knew. It waa difficult for me to comprehend that the development and returns which followed our construction work In the west were so enormous and so rich." "Do you mean to put the surplus earn ings into the roads, rather than to turn them over tn the tttor.khalderu?" h m-na asked. "Yes, that's about It," ho said, "that la, my play i imsaifi lis aad development