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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (March 1, 1913)
EXTRA The Omaha Daily : - r- jtim& 1 - Bee VOL. XLU XO. 'JiK). OMAHA, SATUHDAY IMORXINU, MA IK' SINGLE COPY TWO CENTS. i MONEY TRUST DOES EXIST, SAYS REPORT OPPUJO Credit and Marketing of New Securi ties Controlled Largely by ' Gotham Bankers. FEW MEN DOMINATE SITUATION 4 Big Projects Carraot Be Executed Except Through Them. TWO BILLS ABE SUBMITTED First is to Regulate Dealings of Stock Exchanges. OTHER APPLIES TO BANKING It In liilemleil In Itrurulnlr Clenrlnu; , Allium- it nil In Ucatriel foiiiluet ' of IViitlonnl llnnk Officer ml 11 1 ... ill-. WASHINGTON, Keb. 2S.-That n money trxist docs exist and that Its powers should be curbed by stringent federal rcg illations as to the conduct of nHtlonal banks, clearlnK houses siihI stock ex changes were the findings of the house money trust commltteo set forth In th majority report of Its Investigations filed in the house lato today. The report, signed by Chairman Puji mid six other democratic members of the fubcoinmlttec which conducted the money trust probe, was accompunled by tv bills, one to regulate stock exchanges through forbidding the malls to exchanges which do not comply with federal ref lations, and the other to regulate clear ing house associations through forbid ding national banks to Join such associa tions unless federal regulations are ob served. In the latter bill, proposed as a.i amendment to the national banking act, tho conduct of national bank officers and directors Is closely restricted. Money Trust Kxlals. On the question of the existence of a muncy trust the report Is specific and de tailed. "It would of course be absurd," said tne report, "to suggest that control of tho bulk of the widely distributed wealth of a great nation can bo corralled by any set of men. If that is wltat Is meant by gentlemen who deny the existence of a money trust, your committee agrees with them. It Is not, however, necessary that a group of men shall control directly the small savings In the banks nor the scat tered resources of the country In order to monopolize the great financial transac tions, or to be able to direct credits to be extended or withheld from business enterprises." The "great bank or banker-withacoes to the mainsprings of the concentrated "resources of other people's money," the report .declares, can handle tho vast Issues of securities, now demanded by tho commercial and Industrial development of tho country, but the bank reservo sys tem, It is further contended, concern t rates a targe part of tho funds of tlic smaller banks In New Vorlc, tvhere h xroup of men have strengthened their in terest In the various banking Institutions. Tho report then says: "If, therefore, by a 'money trust' is meant an established and well-defined Identity and community of Interest be ;ween a few leaders of finance which has been created and held together through, stockholdings, interlocking directorates tnd other forms of domination over 6a n Its, trust companies, railroads, public lervlcc and industrial corporations, and which has resulted In a vast and growing :oncentratIon of the control of money and credit In the hands of a comparatively few men, your commltteo has no Hesita tion In asserting that the condition" thus described exists in this country today. "To say that the domination of this group ovec the money and credit of tho country controlled by our largest ilnan clal Institutions, and that Is available for financing largo security Issues for the current needs of our principal Interstate corporations and of the Individuals con ducting great enterprises and for stock exchango loans, is at least as effective as, for Instance, Is the control of tno United States Steel corporation over the steel industry, is an understatement of tho situation, although the methods by which this control is effected and together are of course essentially different and cf a more loose and intangible character." Men Who Control It. Accepting this as the long-sought "money trust" the committee outlined the membership as follows: "The parties to this combination or un derstanding or community of Interest, by whatever name It may be called, may be conveniently classified, for tho purpose of differentiation. Into four separate groupj. The first, which we will call the Inner group, consists of J. P. Morgan & Co., the recognized leaders, and George i' Baker and James Stlllman in their In dividual capacities and in their Joint ad ministration and control of me First Na tionat bank, the City National bank, the National Dank of Commerce, the Chaso Natlopal bank, the Quarajity Trust com pany and the Bankers Trust company, with total known resources In these cor porations alone In excess of $1,000,000,0(10, tnd of a number of smaller but important financial Institutions. This takes no ac count of the personal fortunes of these gentlemen. "Closely allied with this inner group, and indeed related to them prnctlcflly as partners In many of their larger flnao y slal enterprises, are the powerful Interna. Uonal banking houses of Le. lllgglnjon fr Co. and Kidder, Peabody & Co., wlta three affiliated banks In Boston. "In New York City the International (tanking house of Messrs. Kuhn, Loeb ic Co.. with Its large foreign clientele and .onneotions, whilst only miallfledly allied with the Inner group, yet through its lose relations with the National City bank and the National Bank nf fnimnarb which It has recently allied Itself, has many Interests In common, conducting large Joint account transactions with tin in. especially In recent years, and hav l b what v'rtuallj amounts to an undei - iContinueU on Page Nine.) The Doctor: From the Ppokrsman-ncvlcw. LEVY GOES; NOTREFERENDUM McKissiok Bill for University Has Clever Rider Attached. BARS VOTE BY THE PEOPLE Amended So Appropriation for Inatl- I lullu 11 Doe Xot I'nll Within Scope or I,un-n that Mny He Sent llnok to People. (From a Staff Correspondent.) LINCOLN. Feb. L8.- Special Telegram.) The house passed the McKlssIrk Uni versity building fund bill this afternoon. The measure provides for a levy of one half of 1 mill, to create a fund for tho construction of new buildings on the pres. ent campus of the university. Seventy seven members voted for the bill and tho following opposed It: Falstcad, McAllis ter, Nichols, IMerson, Scott, shlpley. Sindelar, Smith and Grecnwalt.' In passing thlB bill, the democratic leaders showed they feared the referen dum as much as they do the Initiative in other words they are afraid to trust the people, when it comes down to cases, regradless of their campaign cry". Yesterday in the committee of the whole a new section 'was put in the bill, providing that there shall be an "appropriation for an extsclhg state In stitution. Today .McAllister demanded to know what this section meant. Iliir to Referendum. Bollen explained that an appropriate for state institutions passed by tho legis lature could not be referred back to the people under the referendum according to the constitution and therefore he pushed the amendment through so that this appropriation could not be held up Under the referendum. He explained if the appropriation Is left to a referendum vote of the su reme court would have to hold the refer endum vote unconstitutional. McAllister asked permission of the house to talk on Bollen's statement, but this was denied htm and the house-passed the bill. s Sennle to Act Soon. The bill will bo rushed to the senate as soon as possible, but what that body (Continued on I'ago Two.) Wilson and Castro Deny Eeport Printed By Havana Papers NEW YORK, Feb. 28. Governor Wilson this afternoon branded as untrue the rs port from Hanava that ho had' invited Clprlano Castro to attend tho inaugura tion ceremonies. "It Is unqualifiedly false," said the governor. WASHINGTON. Feb. 23. American Minister Beaupre at Havana, Cuba, tele graphed tho State department today fiat former President Castro of Venezuela announces ho has been Invited by President-elect Wilson to attend the inaugura tion. He will leave Saturday for Wash ington and will return to Havana within a few days. Clprlano Castro, when questioned on tin- subject of his visit to Washington for the presidential Inauguration, said: "I have not been invited to the lnaugu. ration by President-elect Wilson, but tin going on my own accord. You .may abso lutely deny any other stories. Several Cuban newspapers have published stories for which they; alone are accountable. I accept no responsibility whatever for them." Several local newspapers today prinwl reports that President-elect WHson nad Invited Clprlano Castro to attend tho in auguration. No authority for the state ment can' be found and Castro himself is today not In the city. Hyde's Purchase of Cyanide is Feature of Day's Evidence KANSAS CITY. Feb. :S.-Dr. 1J. Clark Hyde's purchase of cyanide shortly be fore the death of Colonel Thomas II, Swope, with the explanation that he wanted the drug "to kill dogs with" was the point which the state attempted to bring out at today's session of the Hyde murder trial. Clerks In a downtown drug store told of- selling Dr. Hyde cyanide in quantities that alarmed them, fienatoc Iteed, stato's counsel, In questioning the clerks, shook a large bottle of white sub Ftanoo which, he said, contained enough of the "deadly drug to sliy a multitude." The Jurors shuddered aa Senator Heed repeatedly shook the bottle. The de fense objected. "I'm Afraid Your Back is Broken, Becker Said to Be Head of Syndicate That Robs Tourists IX3S ANC-KLHS, Feb. LVS.-l.lcutcnant Charles Ueeker, the New York pollc. officer sentenced lo death for the murder of tho gambler. Herman Rosenthal, was one of tho Inner ring .of promoters who controlled a pwlndug (syndicate which has been operating here with tourists as ltK particular prey. This Information was given to District Attorney Fredericks today by four Los Angeles business men who allowed their cupidity to Induce them to enter a "wire tapping schcmci" In New Jersey, which cost them 120.000. These four, whose names were with held by the district attorney wero es corted to Hnbokcn some time before the murder of Rosenthal. The game required no finesse. Tho swindlers simply told the four business men they could clean up a fortune with tho uld of wire tappet, pio tccted by Becker. The business men bit and dropped $3,003 each. Tho swindlers paid their fures to New York. Forger Gouges Out Both, of His Eyes LOS ANGELES, Cal., Feb. 2S.-Arrcsted for rt series of small forgeries, A. J. Helnu. founder apd former president of n loose lpaf book manufacturing company of Milwaukee, gouged out both of his eyes today In self-punishment. "I don't believe In suicide.' explained Hernn. "I want to dlo a natural denth. Hut I shall never see diyllght again or forge nnother check, and I nm more at pence than I have been for some, time." Ifelmi mutilated himself with a Mnali penknife that had fallen Into the llnlnu I of his coat and was overlooked by tho police who searched him. Garment Workers' Strike Declared Off NKW YOnK, Feb. K -The garment workers' strlko In progress hero since early In January. Involving ut Its height 1EO.OO0 or more workers, officially was de clared off tonight. The workers uceepted tho manufacturers' terms, which Included ii raise in pay, a icvlslon of certain work ing conditions, arbitration as to hours and Hie open shop principle, Tvrlna KlKlity-Oiie Yearn Old. LONG HEACH, Cal.. Fob. 2S. Tholuaj and Ttobert Holmes, who are believed to be the oldest twins in the west, cel brated their eighty-first birthday today. Hoth are In good health and spirits. Thj twins Jointly held the office of postmas ter, at Albion, Wis., for thirty-one year. When Firemen 1'"ltnT-.I.MfuiJ,!mi,,!!fai HUT1 ittlXStlJ til JIL v iX. Ilk I . , .WtvhaS-'lJX' -yj-IT''" a I Old Man." TWO BIG BATTLES IMPENDING Huerta's Army Surrounds the City of Aguas Calicntes. GOVERNOR FORTIFIES PALACE Itepellllon of .Scene In City of Mex ico nl Iteeent lloiiilinrilinenl In I'rolml.l. lliiltle. Will lie KotlUhl nl Sulllllo, MEXICO CITY, Feb. SS.-An impor tant battle between the rebel governor of Auuiih Callentcs. Alberto Fuoutes D and government troops, under Genornl Hidalgo. Is expected lato today. The stute capital. Aguas Callontes, Is sur rounded by government troops, who last night began a siege. Governor Fuentes 'D In entrenched In th government palace In the center of the city, the building being guarded by a force of state troops much Inferior In number and armament to the army commanded by General Hidalgo. A repetition--on a small scale-of the street fighting and bombardment which oc curred In Mexico City appears Inevitable. Seeoiul lliiltle I'roliulile, Another encounter Is likely at Saltlllo, where federal troops under Generals Au hert nnd Trovlno, nrn nboir o clore in on the VetielH commanded by the defiant gqvqioi;.' of (lie stato of Coahulla, Veniistlano Cnrrnnza. The Isolation of Mexico City by rail wus complete today. Train service south of Aguas Culeiitcs on the Mexican Cen tral line Is ut u hnlt, owing tn the occu pation of Hint city by rebels, while a (.Continued on. Pago Five.) ' Peace in Balkans Seems Imminent LONDON. Feb. 2S.-A pronounced be lief Is prevalent in official circles hero that peace In the Halkans is imminent. Tewflk Pasha and Haskl Pasha, repre senting the Ottoman government, paid successive visits lo the -Foreign office thin afternoon, but nothing could hj learned as to the nature of the conter ences. Turkey's offer to conclude hpstllltiis on Alio basis of the cession of Adrunopl? to Bulgaria has created general optnu Ism. Turkey, It Is understood, demands that Its frontier line shall bo drawn from Midli on the iilack sea to Enos on the Aegean Bea If it gives up Adrlanopie, and It Is believed that Bulgaria tKlH ralso no objection to this proposal. In the event of peace being arranged tho main terms will bo signed on tl:: scene of hostilities and the details fillet J In afterward by plenipotentiaries In Ljn don Were Ordered I., HHOWl -id 'Villi BTILI. 8TVNDING, DEWEY HOTEL BRINGS DEATH TO MORETMNSCORE Probably More Than Twenty Per ished in 'Early Morning Fire Which Wipes Out Building. SOME LEAP TO THEIR DEATH Charles Cummings Breaks Neck in Jump to Pavement. FIRE SMOLDERS FOR SOME TIME Department Notified Too Late to Save Lives of Many. AUTO SHOW VISITORS CAUGHT Anxions Friends Await Firemen's Search for Bodies. FEW ARE ABLE TO ESCAPE II ) Merli-iil Women mill llnlf t'lnil .Men Flee from lltilldlnu, lint Ma of Sleeper Cnimtit In the Trnp, Between fifteen and twenty-five men and women lost their llvfm early Friday morning and nearly a score were badly hurt, when flio. completely destroyed the Dewey hotel at Thirteenth and Farnam streets. At thla time It Is Imposlble to state tho exact number of persons asleep In the place when tho fire broke out, but it is believed that the number will exceed sixty. Of tills number, perhaps two score escaped through tho thick smoke with painful-bruises, cuta or sick ness duo to tho smoke. The monetary loss caused by tho fire will mount up to nearly JtOO.OOi) nt n con sorvatlvo guess by Chief Salter. No exact figures wero procurable and It Is highly piotmblo that tho exact money loss will not bo known for several days. According to Jesse D. Nold, manager of tho Dewey hotel and day clerk, there are thirty-four rooms available fur use. At the time of the fire ho says thero hvaH In the neighborhood of fifty per sons In the plnce. In this statement he s upheld by Garrett IS. Vllct, the clerk in duty. tins Fifty ltoimm. Police officers ami persons acquainted Willi the lay of the Dewey hotel and Its patronage, say that there are nenily fifty rooms In the place, mid at a timn like the present, when so many out-of-town visitors are hero, there would be no less than 100 guests in tho place. Nold, how ever, insisted that fifty Is nearer the correct number, and, ns tho hotel register was consutnod by fire, there is no way of finding tho cxaot'truth. ' The fit o. although tho mo traRtc fun was ovihv-I"' fllorUtlme, was reply's with thrilling roscueB, pathetic situations und heart-breaking sights, From windows women with heads lung ing out aa far ns possible would uhrljk for help, and male guests fougnt with the weaker s'jr for places nt the air vents. No help Tor them Was possible and the early arrivals saw the heart-breakl-itt sights and were powerless to give aid. NinoUe Driven All llnek. A few men, braver than others, at tempted to mount the stairway to reach the panic-stricken ones, hilt the foul blaK Rinoko clogged their lungs and they were forced hack ero they had advanced a dozen steps. Firemen from the No, 2 company, tho first to reach the scone, saved a fuw guests near the windows. Speelll lorx AhmInI. Men on the sidewalk who were brave enough to face the smoke pulled several blinded victims through the only entrance Just In time to save them from suffoca tion. Tho first alarm turned In was a "still, ' but when tho fire companies arrived -i urcond alarm and then a third was given, bringing all of the flre-flghtlng npparatm In the city to the scene, Chief Salter sized up the situation and In a few momenta hnd twenty streams of u uter playing on the building. Charles Cummlngs, a burtendrr at the Ileiishaw, who had lived there for the tContlnued on Page Four.) from Building II T TOTTKUINO WALLS Ok' THK DEAD AND INJURED KNOWN TO BE DEAD Charles Cunnnings, bartender ut llonshnw, jumped from third story, breaking neck. Miss Alice Bonnivie, sister of Mrs. Wilkins. Kenfree Pioknrd, 2221 Vinton, inspector South Omaha stock yards. "N0WN TO BE INJURED Airs. ('.- K. Wilkins. . hyda Nelson, 2324 Dodge, ninitl to Mrs. Wilkins; burned slightly and suffering from smoke she inhaled. lonu Jennings, overcome by smoke. Clara Newman, overcome by smoke. Alark Ilenuininvny, Ewinir, Neb., overcome by smoke; may die. M C. Stiss, overeomo by smoke. Grace Hurlon, ?ul liven, la., badly burned about tho face and suffering from inhaling gases; will likely recover. Swedish housekeeper, Tina, went insane. Beverly, works at Cole oyster house. 1 KNOWN TO BE SAVED Mark llemmingway, Ewing, 10. T. Comer, Ermwood, Nob. Mrs. 0. E. Wilkins, Olaf .Jernberg, Genoa, S. A. Andersen, Genoa, .John Pierson, Mead, Neb., Ajton Wieklund, Mead, Nob. A. J?. I3ruce, Broken Bow, Neb., Dwight Porter, Broken Bow, 0. 11. Conrad, Broken Bow, Vidar Headman, Genoa. Cloyd A t hey, Br.oken Bow. Grace Burton, Jiuthven, la. NOT ACCOUNTED FOR Miss Vesta Vaughn. Charley Kellborg. Joe Council. SEARCH FORJODIES BEGINS Large Forces of Men Work in Shifts in Hotel Ruins. BRICK WALLS ARE TORN DOWN No Hxiiciikc to He Spnrril by I he Clt- In Nenrrulnir for (lie lloillei. I,c(t n die Pile of Debrlx. No expense will bo spared by the city In clearing up the debris of the Dewey hotel In an attempt to recover tho bodies of the many guests known to bo In the place. I.ute in the afternoon. Commissioners Hutler, Wlthnell and Kugol, gave or ders to have tho skeleton of the demol ished building wired for electric lights and arrnngemcnts were mado for 200 laborers, besides nearly 100 firemen to go on with the rescue work. The men wero formed Into separate dotatls and while one shift works in the ruins, the other shirt will be given the opportunity of getting something to eat and warming themselves. All day long, the east side of Thirteenth street and the north side of Farnam street was lined a dozen deep with cur iosity seekers, who dared the biting cold for a possible chance to seu a cold dis figured corpse dragged from the ruins. They were disappointed, however, for no bodies were found, Wall Torn IIimtii, The only excitement offered was when under the direction of Chief Salter, tho firemen hitched chains and ropes to the bare walls of the building and pulled them out Into the street They fell' with a crash, and brick, mortar and Umber flew In every direction. Hevernl persons standing n bit too close to the ruins hnd narrow escapes from the flying rock, hut no one was hurt, w Immediately after tho walls were milled down, several hundred street lab- I orers were given a 'signal by Commis sioner Wlthnell and they fell to work cleaning un the street. Within half an I hour Thirteenth street' was cleared of tho debris and tho alleyway, where several tons of debris and Ice wero plied, nan ttie next object of the workmen's attack I'lre AkuIii llrrnUa Oul. At I o'clock In the afternoon, linmedl atdy after the east wall of the building had been pulled down, fire broke out anew in a corner of the building and for a few minutes burned florccly. Several Htreams of water were played upon It and within a few minutes the Dewey hotel, which a few hours boforo had been a seething furnace, was a cold, gray ruin, Firemen began to pick their way about tho sceno of destruction seeking corpses, but the search was only a iuperflclal one and the real search was not begun until the wreokago had been taken away " The crowd watched eagerly. Large as it was in the morning it trcbll by S o'clock In the afternoon. During Che day, perhaps 200.000 persons saw tho ruins. Contract for lluttlealilii A minted. ' WASHINGTON. Feb.' IS.-KeoreUiy , Meyer today u warded u contract for thv 1 1 orHtractlon of the batlluahlp I'eniu ' vanla. one of the largest In the woi lu, to the Newport News Phlp Uulldlnir om. pai y at their bid of 7SW,000. ELMW000 ftiAN SAVES WOMEN FROLFLAMES Carries Several Hysterical Women to Places of Safety from tho Burning Hotel. SOME REFUSE TO LEAVE HALL Unable to Force Mrs. Wilkins and Her Sister to Leave. HE IS FINALLY OVERCOME Stumbles Down Stairs and Falls in Faint on Sidewalk. WOMEN BLOCK THE STAIRWAY Frantically Crying, They Shut Off Only Means of Escape. HE CONSIDERS HIMSELF LUCKY Mra. WIILIiim l-'l tin 1 1 - Tnken from Hotel, lint Iter HUlrr la lltcr eome mill t'niilile lo Ka on lie I lie Finnic. K. T. Coiner of Blmwood, Neb,, who is linro attending tho Automobile show and who was one of tho lucky Individuals n escape from the perils of tha flames, waj very Instrumental in saving the 'Ife of several Inmates, Mr. Comer was located on the third, floor when the flro broke out. Ho sa8 ho rushed downstairs and met several women, Including Mrs. Wilkins and her sister, Alice llonnlvle. He says they wero huddled about the desk In the office und lie tried to got them to leave.' They wer all hysterical and clung to one nnother. Would Not I.eiiTe Hotel.' Mr. Comer tried to persuado them to lenve tho hotel, and when they wotinl nt listen to reason he tried to force them out. Ho managed to carry two wonio: out and then when, ho attempted D rorco Mrs. Wilkins out of the room and down tho stairs she graBped hold of the desk and after vainly trying to get her away Comer gave her up and helped three other women out. At last almost overcome ny smoke ho stumbled down the stairs htid fell senseless on tho Ice in front of th entrance, where he was taken by a flro man to a nearby drug store. m When Comer left tho hotel ho said Sirs. Wilkins nnd her sister were still in the office nnd the halls and stairs were crowded with women nnd many tit their frantic efforts to get out blocked the passageways. Renfree Rickard Victim of Flames Itcnfreo IT. IUclcard, "Wyoming brand in spector at tho Houth Omaha stock yards, was a victim of tho Dewey hotel fire, ac cording to tho statement of frlonds who Identified him last night at Coroner Cros by's mortuary, Rickard Uvea at 22J1 Vin ton street. He went to the Dowoy hotel at 3 o'clock Krlday morning In a taxi driven by John Dugan. and his charred body was tho second found yesterday morninjj. His death was due to suffocation. nickard was well known in South Omaha nnd Omaha and ho had a host of friends. FIREMAN.OLIVER SUSTAINS ' SOME SLIGHT INJURIES Shortly after the rear wall of tha Dewey hotel collapsed, half a doxen fire, men of .No, 3, working on a pllo of ice covered debris, slipped and fell to ttm pavement. Tho stream they wero hand I'ng struck one man and knocked him down. Kobort Oliver, Captain Dtneen h driver, rushed to his assistance and wan struck by the stream and sent spinning across the streot. Ills left boot waif struck off and thrown several feet down Thirteenth utrect. He sank down in tho slush and follow firemen ran to his as. slstance. Although his foot was pain fully bruised ho was otherwise uninjured. ) ESTIMATED LOSSES AT AT DEWEY HOTEL FIRE Henry Lehman & Sons' J 15,001 Haphacl-Pred company 40,000 Adams Kxpre.ss company 100 Dewey hotel building 20,000 Manager Nold of the Dewey hotel would not estimate the valuo of the furnishings of the hotel, which are a complete loss, SAVES PENN7BANK BUT LOSES BIGR0LL OF BILLS When Jess D. Nold piled out of his bed In hurried response to the alarm of file, he left behind, tinder his pillow, a valuable gold watch und a roll of bills amounting to t'XO. He saved Instead a little clay dog bank that was partly filled with small odd coins. NEVER AGAIN will today's opportu nities return if you do not grasp them now it is yoyr loss. Your greatest oppor tunity this minute is the chance to got your want ad in Tho Sunday Bqe. Phono it now hofore you forget. Tyler 1000 J