THE OMAHA SUNDAY BEKs OfcFOBER 19, 1913.
GREAT WESTERN MAKES GAIN STOKES LAMBASTS THE RICH
Home Building and Home Furnishing
Soad Totals Up a Much Better Show
Socialist Says Constitution Was
ing Than for Previous Year.
Built for Them.
EARNINGS ARE COMING UP
MUST CHANGE THE BASIC LAW
ITerr York Millionaire Speaker Trim
One of Omaha's Great Educational Institutions
IVestilent Fellon Adrlsrs that Iloa.il
la In Excellent Shape and that
tho Profit Should Con
.tlnna to nie.
the Forefathers and Their Grnsp
inn Descendants Who Drntr
(he Dividend.
12-A
According to th Wall Street Journal
the operations of tho Chicago Great
"Western for tho last fiscal year netted
the road a aurplui of $l,!4o,039, uti amount
equivalent to 8.03 per cent on Ita pre
ferred stock, of which there la $41,021,442
outstanding. This compares with 0.44 per
cent for the preceding year. . That the
road was enabled to moke thla showing
was due to a 10 per cent Increaaa. freight
revenue, and to close handling" of operat
ing expenses.
Operations last flacal year placed the
company In a much more substantial pa
altlon with regard to the prospective pay
mer of dividends at the rate of 4 per
cent per annum on the preferred; atocK,
These dividends become cumulative July
3. 1S14, and It Is President Fetlon's estl
mate that a gross per mite of J10.000, or
total cross of $15,000,000 must be earned
annually to make secure the payment of
these dividends.
The report shows considerable improve
ments in the general handling of trans
portatlon; car and train, loading were ma
terially improved, while freight revenue
per revenue train mile was increased
from $130 to $3.3. The property gener
ally is in excellent condition and, ac
cording to President Pclton, economic op
eration is now made possible.
Condition! More rromlalnaT.
On the prospects of the company's abil
ity to meet preferred dividend require
ments July 1. U1L when they oecame ou
mutative. President Felton. in hla-mes-
eage to stockholders, aaya!
"At the time of organ! ration of tho
new company, business conditions were
promising. It was believed that the ac
tivities of the state legislatures and of
congress in regulating the railroads had
ceased for a. time, and that an oppor
tunity would be given for an adjust
ment of railroad affairs to meet exist
ing conditions. Tho reorganization of the
property,, if the hope had been realised,
was on a sufficiently conservative basis
to Justify the expectation of a return
on the preferred stock within twq years,
at least The holders of the original
drcat Western debentures and preferred
and common stocks did not receive any
bonds In the reorganisation. They only
received preferred and commqn stocks;
and in the case of the preferred "D"
and common.- they were obliged to sacrl
flee, respectively, 15 per cent and per
cent of their holdings, and besides to pay
an assessment.
4 Reasons of Failure.
"Ha that up to the time whew .the pre
ferred stock pays a dividend the original
security holders of ihe old Great West
ern company receive no return whatever
eft their Investment
"Realising this, the maMgemeat has
Vcirt every effort to earn a return on
the preferred stock. These efforts have
failed 'for various causes. First, beeause
of new and most radical legislation! sec
ond, from two unusual winters, ens ths
most severo In this territory in twenty
fivo years third, by large Increases in
wages, and, fourth, by the failure ofth
railroads to acunt any advance In their
rates. Tho recent decision of the United
States supreme court overruling the
lower courts In the Minnesota rate case,
has established a further serious obstacle
to Improvement in the future.
"In spite of all these obstacles, how
ever, a point has been reached whero a'
return of over S per cent on the pre
ferred stock has been made In the last
year. If Increased rates can be secured
and If business conditions are not seri
ously affected, the property in Its pres
ent condition should be able to show by
tho first of July, 1514, from which date
the dividend on the preferred stock be
comes cumulative, the full return on that
Investment.
Tour board have felt that if the earn
ings on any reasonable intte basis could
be brought up to $10,000 a mile, or ap
proximately tlJ,(,ee9 per annum, the pre
ferred dlvldond would be assured, dross
revenue for1 the .last year exceeded
$14,090,000; Bo'ttfot substantial progress Is
being made towards the earnings above
referred to.
"'.The property is in. most excellent con
dition, $lii,157,ao having been expended
on It during the last four years, and It
is new capable of the' most economical
management. Alt that Is needed Is suf
ficient density of traffic, with some rea
sonable increase -In rates, to'yleld a par
tial return, at least, oa th value of the
property."
hM r lir f rata Superior.
EDO AH, Neb.. Oct It. BpelaU
Edgar High school outplayed Superior
High riehool Friday afternoon 33 to 0.
This waa Superior's first game and they
played good ball for such a .light team.
Edgar made most of their gains on line
smashes.
Culls from the Wire
Samuel Itaber waa found guilty yester
day by a Bacramento Jury of the mur
der In July last of Cherry De St Maurice,
the richest woman in the night lite of
Sacramento. The verdict carries the
death penalty.
XtegUlatlon prohibiting lntercounty li
quor shipments In Tennessee and prohibit
ing Interstate shptnents in quantities over
a gallon for personal use became effec
tive today with the signing of two
bills by Governor Hooper.
The Delta I'psllon fraternity In na
tional convention at Itochester, N. Y.,
yesterday passed an amendment to Ita by
Jaws. prohlhltl!5 ha reclvtnir Into the
fraternity after 1917 or any member of a
high school or preparatory school frater
nity. The question has long agitated coU
lege national fraternities.
Frank admission that the "grandfather
clause" of the Oklahoma const) tuition
was designed to restrict the right of ne
groes to vote as far as possible, within
tbe limits of the federal constitution,
featured the argument In defense of the
clause before the supreme court yester
day by former Senator Joseph W.
Bailey.
George Hartman. who escaped from
quarantine at St Ltouls August 36, and
Thursday night returned to his home at
St Lou's from Mexico, where he de
clared he had been cured of what the
city health authorities had pronounced
leprosy, was returned to quarantine last
Right The chief officer of tbe board
of health, after examining Hartman. sold
he had not been cured.
Vincent JUtor, regarded as the rlch
,et young man In the world, received a
legacy of 1,M0 by the will, probated in
XSS. Yw?t rBty of his unci. J. R
Willing, better known as Barton Willing.
The estate le valued at $100.0) and up
wsidc The will, written on a scrap of
ppr wJ,tls v !eu ecU. was found
among Mr. WlkVlntrs peters alter his
death a few weeks aaje.
A long, lean, lank and hungry-looking
millionaire noneother then J. u. Phelps
Btokes of New York unwound hla mnr,
than six feet of awkwardness from a
Chair where ha aat An lila rnllar turn.
and rising to an upright position be
fore a huge audience at the Lyric thea
ter last night lambasted his brother cap
italists with such deadly seriousness that
the hearts of the humble wr made .
ccedlng glad,
. Socialist 8 token, hnvlntr ahantt nnf.fi ant
tlement work. In which he and his wife
labored lohff and earnestly, tn an a.!.
turlng, began with our forefathers, and
dragging them .from secret conclaves de
clared they conceived tho constitution of
this country In Iniquity and gave birth to
in fraud ana falsehood.
"I quotO from these eentlemen mirtv
to show that they believed flemnernrv
was dangerous and that they prepared
tlie constitution forever to nlaca canltal
and wealth beyond the power of ths
people, who aro the real wealth pro
ducers and the only clasa entitled to the
products of their labor." said th an.
ctatlst millionaire, hnvlntr aUoted from
correspondence of George Washington,
Alexander Hamilton, Itufus King and
nearly all the members of the constltu-
uonal convention.
People JVever Have Haled.
"And while they Wire mmniAit tn
democracy and succeeded In framing- a
basic law In whloh a privileged few were
guaranteed a perpetual aristocracy, they
went before the people and proclaimed
the Inherent right of tho people to rule."
Mr. Btoxes raid the faults of the con
stitution were being slowly wnrkad nut
but that not until the working classes
'got moro busy" and put n stop to the
"exploitation of the matorltr hv a mi.
nority" would moro beneficial conditions
be secured.
"Conscious solidarity
ests" and "accommodation of commercial
disputes," having been the motive In the
framing of the constitution, ho said, re
mained the most active principle of mod
ern law1 and' would have to be abolished
by workers.
TlefelTlnr to londnil-nara an ...It.l
- b.(IIWI-
IsU. the speaker declared that Industry
was run by worklnvma
the heads of the great corporations who
nave come up from the ranks and are
lured by absent
absolutely useless, to run the Industries."
Great Ovrners Useleas.
"If labor has omAnrA ani..i
vi.iim nifu
now IS In Charm nt lniim, v... It. ......
tipt laboring men be In .charge of the
treasury or trie corporations! The own
rs of the great corporations could be
removed from the earth
be missed. They aro useless, absolutely.
All they do Is to take to themselves ono
flfth of the product or Industry, giving
the laborer one-flfth, the remaining'
three-fifths going toward the purchase
of raw material, maintenance, etc Why
"ut mo producers of wealth the
workmen-have this other one-flfth of
iney producer '
Mr. Blokes said ha -rr.r ...t,i
of the machinery of Industry, only to the
vvi.jr proauceu and the socially owned.
Such, machinery In tha h.n.
ownership was, ho declared, stolen prop,
erty because the people had produced
It and to them It rightfully belongs.
Lawyers tor the Hlob.
Reiterating that th Mn.im.n.. .- .
. ....MUUUII ,a in
need of repair and that things govern
mentally are pretty rotten, the socialist
quoted from Pr.v!.int wa n.
James Bryce, President Arthur P. Had-
j xaie. i-ror. J. L. Smith of th
university of Wahtnann . . ...
- ..nw.., t, utt.iiiauv ms-
torlans. economists, scientists and Judges
w aiiw mai me laws wore originally
rramed to keep the people "subssrvient
to wealth."
Mr, Stokes waa rtuoloi hi. . .
- win, reveaicu
cheers and although not an orator, sue
ceeded In drlvina- hnm. i.i. .
with - ... oiui ioni
with great earnestness. The chairman
. ... Bvenmg reierrea to the millionaire
SS,J?"!.wh0 had cst nl" ,ot "h labor
uny reason.
"I had tha ... .. ....
ni.i a. i ----- ?u in uie world."
wrid Btotes "for I had the firm convlo-
1, that.,.t.hat ' Wl,era 1
tZ ,YxMoMltt Utt on ft train
for Chicago to fill another speaking en"
casement. If I. i.. en
Mm .ki 1Z. u "Ul "ccompany
him on this trip. He told the laboring
... .... wming- acK to Omaha to
nelp n the celebration attendant on the
dedication of a new labor temple.
Madame Yale Tells
Hqr Beauty Secrets
to Omaha Women
"We are llvlrir in an .
r.0?.,'! "pe"eJ t0 ,00k " itlractlvo
as possible." aafd r. v...
and "J?1? VrUay "-noon. A large
SJ" thuslastlc audience of women Us-
i-T . ma orus or wisdom on beauty
rrom the famous authority.
"Worry is a . . .....
It- "tMp athlng and
correct walking have much to do with
.nd .r "n 01 ths average woman
nd this remark waa followed by a
t.v".f.v!Ier?i" sneaker
systemT oenent to the human
Madame Yale .aid that It was the'du'ty
of every woman to make herself as good
nVif f0"1"' ftna th,n rttflclalald
of the best preparations used to assist
womr.n thKWe1 the BOOd itmwt of the
women who used them. She stated that
the water In this part of the country was
ao hard that in order to us, it ,o thai U
would not be InJurio... t 11' A."
tl.a nf VM " M MTCt-d the
use of cold creams and many other lo
lions for the womsn in this part of the
country to make their skin moVs beau.
Stadame Yale will be In th. city unUl
Wednesday and win .iv, an .pjx,,,,,
W f! 1,al!c t0 h,r on th ubJet of
rn,fh,,rm hV8 -consuUaUon
room In Brandela store in the art depart
ment and appointment cards may be had
CRZfGJfTOJV UmVZRDITy - Gfllege of Medicine.
Don't Overlook
Tho wonderful saving, possi
bilities in that great sale of
blankets at Orkin Brothers.
Monday,
TIMELY REALESTATE GOSSIP
Harry Wolf Satjfgests Location for
f flew park and Playground.
X DENSELY SETTLED SECTION
Lor Angeles Mis on Annual Invest
ment Tonr Bays Sixteenth Street
Property for f 18000, and
Will Bnlld.
said
"and ,1
"They talk about playgrounds,"
Harry Wolf, real estate dealer,
hoar them talking, about natahllahlnff
parks and playgrounds out in the best
resldenco dlstrlot of Omaha. Well, that
is not where they need them at all. They
are always seeking to do something for
tho chUdron of those who ore able to
take care of themselves. I'll tell you
where a park or playground is needed In
the city. It Is somewherd bstween Six
teenth street nnd Thirty-second and be
twoon Cuming and Lake streets.
"Tho reason Is simple. That Is abso
lutely the oldost'and most densely popu
lated district of Omaha. U is largely In
habited by poor people. Every lot has n,
house on It and many have not only a
house on the front of the lot, hut also
one on the back near the alley. Through
out this district there are very few If
any trees,' so the children that llvo thero
do not even havo a shade
under. The property Is ohean an i
would not cost much to tcondemn and
take a city block In the heart of this
Vast section. A park or nlavrmi.-ni
could be made here that would be nf
benefit to those who need It mn t
would give value and standing to that
section of the city.
OhBBaro the Appearance.
"Whenever we have distinguished via
itors in the city and we take them
through the city wo are oompellod to
take them somewhere through this sec
tion: and It Is not a handanma tllalrlnt .
It now is. A park or Playground in h.
midst of this district iwouldiichange the
whole appearance of that part of tho
city."
Mr. Wolf haa been doW
on this theory Nor some time and has
even suggested the clan tn tha n-i rr.
tate exchange at some of Its meetings.
Thus fax nothing tangible has been done
in tne matter. He feels that now thn
the playground idea Is again being ogi
tated this proposition should be consid
ered seriously. If there Is to begone new
playground or park he foels that this Is
whero It should be located. If there are
to be several of them eventually, he feels
that this should be the first one. He
points out that a nark In th' mM e
this vast and densely populated district
wouia at once increase the value of .
Piece of real estate In the district so that
Ihe enhanced value of the property as a
whole would be many fold the value of
tne ground condemned and purchased,
for the purpose.
Jacob Slosberr. of Loa Anrataa rl f .
In Omaha on his annual Investment tour.
lie nas just purchased a alxtv.al f
front on Sixteenth street betweon Web
ster and nurt street where he eventually
menus 10 ouiid a brick store and office
building. Hsrrv Wolf th .!.
Which waa for the consideration of tH,000.
The property Is on tne west side of Six
teenth street. It Is covered br a two.
story frame butldlns-. Mr. ran. !!- m
not build at onoe, but eventually expects
to erect a brick structure where tho
frame now stands.
Bio bore was formerly a resident nf
Omaha. Years ago ho conduct! tv,
Publlo market on Sixteenth atreet He
sold out here and engaged In business in
Los Angeles. Once a vear ha r-nmm
back to Omaha to Invest the money he
annually makes In Los Anrelos. ir
Omaha Is as rood as place as' he knows
of to lnvoat his money, and so he comes
bacie to pick up strips of property In this
city.
Klewlt and W. D. Hosford. This team
enrolled flfty-e(ght members. The sec
ond tenm, headed by H T Ireland, en
rolled thirty-seven members. The other
four of this team are W. E.Mlckel, H.
D. Frankfurt C C. IUndail and O. M.
Donley. The teams In first and second
position will each'be rewarded with a five
full-year , membersfilp.
Horry Mahaffey; whose team won first
prise In this contest headed the winning
membership team In tho Ak-Sar-Ben campaign.
Babies Threatened
by croup, coughs or colds are soon re
lieved by the use. of Dr. King's New Dis
covery,' Wo and '$1.00. For sale by yout
druggist. Advertisement
SAVE
Key to the Sltuatldn Bee Advertising.
IC22 FAR NAM STREET
OMAHA.NEDHASKA.
YOUR WILL
When you make your will,
appoint this Company as your
Executor. Its llfo Is perpetual
and It Guarantees the Careful,
Economical Execution of your
will. It also acts as Adminis
trator, Trustee and Guardian.
Call or write us for partlcularh.
saTaJisiglfllilcMaiShsi
jSME INVESTMENTS
Your money in Home Builders'
shares and huy a house, a
home all your own, built by
Homo Builders, exports In
building and financing homes.
Starts Yen With
$108
Heme inilftrs..
Mall, send or bring 1.08 to
our office lor one rroierreo.
Home Builders' share. It will
draw Interest at
Plus your share of
builder's .profits.
These , shares aro
oasy to obtain, one
or more at a time,
and they may be resold for face
value any time (and tbey are
safe). Home Builders' plan Is
sure. No speculation-
1
AMERICAN SEOUlUTY CO.,
Fiscal Agents for .
HOME BUILDERS inc.
Douglas and 17th Sts., Omaha.
Get our now plan book.
Crocuses BffodU
M"tlll.i, ate.
I Catalogue on
ITBWAXT8
I 119 x. ieth at 1
VSougias' 977, e
Four Hundred Are
Added to Y, M, 0. A,
by a Day's Campaign
The one-day membership campaign at
the Ypung Men's Christian association
closed last night, leaving the association
with 400 additional members, and with
ten of the members in particularly high
spirits. Tho ten members constituted
ths winning teams, ftva men tn tha anv
There were sixteen teams all told. Tbe
losing eight teams will treat the win
ntng eight to a dinner some time In No
vember. The winning team's cnctaln la i..
Mahaffey. His privates are J. T.
Waohob, A. C Kennedy, Jr.; William
SAFE MOVER
Havy Hauling
1212 Farnam
" PHONE DOUGLAS 313
i
LIPS
HYACINTHS
NARCISSUS
' OROOUS
PLANT
JT ON OS
ALL FIRST PRIZE
FLOWERING BULBS
ONLY.
For Best Effects Plant
Named Varieties' Only.
BULBS THAT GROW.
NEED ANY?
The Nebraska1
Seed Co.
Phone Douglas 1261.
1613 Howard St.
e Problems of Power
The danger of a breakdown, tho smoke, dirt, noiso
and vibration, tho tromondous loss of power from fric
tion of transmissions, tho problems of expansion, of
fuel purchase and ash disposal, tho excessivo cost
theso are only a few of tho myriad of expensive vexa
tions inseparable from privato power plant operation,
Thoy can all bo eliminated by using Central Station
Sqrvico,
Unfailing
Central Station Power
It is always ready, day or night. Just a turn of a
switch and you havo power to rvurono machino or
one hundred and you pay only for what you use. Many
machines are used intermittently many times you
would like to work pno department or o'no machino
overtime. Think of tho enormous waste if you havo
to operate a privato power plant for this. Central Sta
tion Power will save you money.
REDUCED POWER RATE IN EFFECT OCT. 1
Omaha Electric
Light & Power Co.
TWENTIETH .CfcNIURY FARMER
Giatde tor Poultry RsLtaera.
Moving Packing
Storage
STORAGE GO.
G3QSS
I'4
9
Our
Service Is
Unsurpassed
104 Seats 1 lis StrssL Psoas !. 41 (3
Finished Floors Made to Walk On
Painted and varnished floors are. rapidly taking tho place of
dusty, germ collecting carpet. They look better, are easier to keep
clean, aro moro healthful and more economical. For these reasons
finished floors are In general use In all classes of homes.
The Sherwln-WJUlams Floor Finishes Include:
For Tainted FlnlshInsld Floors The 8-V Inside Floor Faint.
For Varnished Finish -Natural Mar-Not, , a durable varnish.
Stained Floorlac, stain and varnish combined.'
For Waxed Finish Tho 8.-W. Floor Wax.
Slw 1"Ck" lQ ld F,oor T'10 S-W Crack and Seam
Let ns tell you more about them. . V
BARKER BROS. PAINT CO.
1609 Farnam Street. Douglas 4750.
Omaha
&t. Louis
Chicago
Kansas City
Indiana polls
Minneapolis
HYDRAULIC-PRESS BRICK CO.
svvrAOTinuaa or
HY-TEX BRICK
TOH 48 YXAJUI Tn IXaSBa.
Cleveland
New York City
Philadelphia
Toledo
WaahlagtoB
Baltimore
A few desirable offices
in Omaha's
Best located x
FIREPROOF BUILDING
Thoroughly modern
i Well lighted-
Easily accessible
NEW SANITARY PLUMBING
SEVERAL M
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SUITES
DOCTORS
LAWYERS
INSURANCE
The BEE BUILDING Co.
Room 103
;t
