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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Dec. 4, 1914)
TIIK nKKi OMAHA.' FIJIDAV. DKCKMllKll . 1011. BANK PANICS NOW HAVY'S workeconohical THING OF THE PASTjttr1 Governor Hamlin of Federal Reserve Board Sees Smooth Sailing-Ahead. REA ON TROUBLES OF RAILROADS Prealaeat ef Paae Ivanla orapaar Sara larreaseel r.t llaa More ' Offset Krnaomlra of I -ra ASKS MORE WIRELESS STATIONS rklrl Knalaeer at Sea Flaatera Wnnt Half MIIHna far Kear fW Ratlin Pleat, at Pae ama aail Pacific Pnlata. NEW TOltK. Dec. J.-Pnlc. due to dis trust of banks, haa been relegated to the museum of antiquities by the new bank ing ayatem. In the opinion of C. 8. Ham lin, governor of the federal renerve board, voiced thla afternoon In a speech befor the New York Chamber of Commerce "The federal renerve ayatem will rele gate to Ita proper place, the museum of antiquities, the panic generated by dla truat in our banking ayatem. leading to a struggle of aelf-preacrvatlon between bank and bank and Individual and In dividual, and ultimate hoarding by the People," Mr. Hamlin asserted. "Such hoarding usually follows hoarding by the banks and does not precede It. If hoard ing by banks should cease, hoarding b Individuals would never occur, and both, I believe, will be relegated to obscurity under the federal reserve system." Mr. Hamlin did not think that all panics would be done away with of necessity by the new system. "It In the failure business expands un duly under the spirit of speculation tie day of reckoning will surely come In ttie future, as it haa in the past," he said. For Welfare at Public. "Much speculation exists as to the au thorship of the federal reserve act. I can say with Confidence that no selfish In terests assisted at Its birth. I can further say that beyond those primarily responsi ble for ' Its provtslors-rMr. Olass and others of the house. Senator Owens and others of the senate, and the secretary of the treasury there looms up one figure mora entitled to the credit for Its provi sions than any of the others, the man primarily- responsible President Wilson." Railroads Lire on Hope. Samuel Rea, president of the Pennsyl vania railroad, asserted that the eastern railroads earned less than 4 per cent during the last year upon the money in vested In them. "This serious condition Is not new, but It Is now acute," he said. "Wa. have been living on hope at least since 1910, when the downward trend was clearly Indicated; how much longer we can exist on that precarious asset, I will not venture to say, except to suggest that it takes more than hope, advice or enthusiasm or all combined, to pay wages and taxes, provide satisfactory service, pay dividend and retain a proper credit basis to obtain capital for im provements and extensions. "Increased traffic will not curs the railroad malady, for remember that up to the present all their economics - and cfficlenby, obtained by increased train- loads, etc., hav been offset by increased costs, wages and taxes. These companies, therefore, need not merely the very mod erate Increase In rates for which they pe titioned the Interstate Commerce com mission, but also all the revenue that can be secured by working out In practice the various other means suggested by the commission for increasing revenue." CoamiulM OverbnrdraeaT. . .'"One trouble In the present situation, said Mr. Res,, "is that the Interstate Commerce commission has been overbur dened, with work and with responsibilities, many of which must be transferred to a large corps' of subordinates, so that In many Instances, direct consideration by the entire commission Is Impossible. The work of the Interstate Commerce commis sion, as originally designed In 1887, was to prevent unjust discrimination In rates or service, to see that rates were reason able, to obtain publicity of railroad rates and practices, prescribe uniform railroad reports and primarily act as a referee between the public and the railroads. The commission was given limited, but well defined powers within reasonable scope. Now, however, as the result of new laws, the scope of its control of railroad oper ation and development has been largely extended. It could materially assist rail road development, but so far It ' has proven Impossible for seven men In one center to act not merely as- regulator but as' administrators of the railroads, leaving the financial results and responsi bility of that administration to be born by the companies and their owners." WASHINGTON. tec. S. Kx.-esslve work of the Navy department as com pared with that of private firms are dissipated by Admiral R. B. Orlffln, chief of the burrs u of englners of the navy department. In his annual report today. He point to the fart that the engines fr the great dreadnought New Tork were quickly constructed at the New York navy yard at a cost slightly less than they could have been procured by contract and the workmanship was un excelled. Kven more satisfactory results were obtained on the Pacific ' coast, for the Msre Island navy yard completed the machinery for the gunboats Monocacy and Pslos well within the estimate and the final coat waa little more than two thirds of the amount bid by private firms. At Norfolk the manufacture of gasoline engines hns been continued with the most satisfactory results as to cost and eff'clcncy of operation. Important Improvements In radio-tele graphy has Involved the substitution of a large amount of new apparatus for the older Installations on shipboard. 8ub stsntia reductions have been effected In the cost of thla apparatus, although its efficiency has been greatly increased. Wants "ew Wireless Stations. Admiral Griffin says that the use of radio to the limit of Its apparent possi bilities for naval purposes Involves tech nical problems of a difficult order. Thee do not occur In commercial practices end must remain unsolved unless the navy undertakes the task. Otherwise he point out It will remain In the rear of developments of wireless telegraphy as established by the prsctice of other mlll- tsry powers. The- history of the Ameri can navy shows that It has been In the very forefront up to the time In develop ment of radio tolegraphy as was shown by the building of the Arlington station, the development of plans for other great high powered station; the adoption of arc apparatus and other details of great Importance. Not a single mistake has been made In this direction, according to Admiral Orlffin, who asks for an addi tional allotment of IMO.OtX) for the four high powered stations to be erected on the Isthmus of Panama, the Hawaiian Islands, the California . coast and the Philippines. The bureau haa not yet been able to deternVe the advantage to be derived from the storage of coal under water. For three years these tests have been going on at New London without so far developing any marked difference in value between coal In the open, under cover and under water. OMAHA WOULD KEEP INDIAN WAREHOUSE Manley and Gamble Will Present Omaha's Claima for Keeping: Headquarters Here. TWO CITIES TO BE DROPFED Indian aaslle Are- Sovr Keat at FIt Palate, Tale la lie Red area to Tare la tfc Near Fatnre. Third Man Hanged Mob for Murder at Shreveport, La, by SHRBVEPORT, t.. Dec. l-Kane McKnlght, charged with participation In the murder of Charles M. Hicks, post roaster and merchant at Sylvester Sta tion, La., was lynched early today, mak ing tha third negro to be hanged by a mob for the crime. Tobe Lewis and Mon roe Dtrden were lynched yesterday aXter they had confessed they were in the party of negroes who killed Hicks. McKnight was released yesterday by the posse after ha had made a confession involving the other negroes, but today the infuriated friends of the dead man lynched him also. Merchandise from the Hicks store wss found In the homes of several negroes In tha neighborhood, and other lynching are likely to result, according to reports received from Sylvester Station today. The authorities are making a thorough investigation of the murder and robbery.. It wss said the finding of the stolen prop erty Indicated a geiierul raid had been made on the stock after Hicks had been killed and before h's body and store were burned. Eepresentativs of United States Army to Observe Battles NEW TORK, Iec. 3. Six fpUed Htates army officers, headed by Colonel J. K. Kuhne, aalled today for Genoa on tha steamer Rotterdam, on the way to Berlin to be official war observers with the German armies in the east and western fields. In the party are Major Williams, Major Auitmann and 'Captain Sharpla, Captain Burtt and Captain Rockenbach. The party will land at Genoa and proceed direct to Rerlm. Colonef Kuhne said be .'ore sailing that he hoped to receive permission from the I German emperor, through the t'nited I States embassy, to observe the fighting with tha German armies. Kverv hnnrh ' of our army is represented In the party. Captain of Suspected Vessel Says Teutons SiezedAU His Cargo SAN FRANCISCO, Dec. t-The North ern and Southern Steamship company in formed Collector Davis of the' port of San Francisco today that it was In re celpt of advices from Chile confirming the reported seliure at sea by the German Pacific squadron of- tha cargo carried by the American steamer Sacramento, for merly the Kosmos (German) liner Alex andria, which sailed "from here October IS for Valparaiso. The Sacramento's cargo consisted of coal, provisions and engine room supplies and was the subject of so much suspicion that the veastl hadsgreat difficulty in ob taining clearance papers. On its arrival at Valparaiso with cargo, the story told by Its captain resulted In an Investiga tion by the Chilean authorities, the re sult of which has not yet become known. Once more an effort is to be made to show th Department of Indian Affairs at Washington that Omaha is the logical place for the location of one of three In dian warehouses that the government has derided to retain out of tlw flvo now In existenoe. When Robert H. Manley, com missioner cif the Commercial club, and J. W. Gamble go to Washington next week to meet with the National Rivers and Harbors congress, they will also ask for an nuilienca with- the commissioner of Indian affairs to set before him some tuf tacts about Omaha's transporta tion facilities that they expect will be of Interest t him In connection with his consideration of the nuestion if which three warehouses to retain. At present the five warehouses are at New Tork, St. louls, t'hlcacn, Son Kranc'sco and Omaha. It haa beon pretty conclusively ahown that Omaha haa the best railway facili ties for reaching the Indian reservations with the cheapest rate of any of these five points. Gamble anj Miinley are to go to Wash ington primarily to r-new acquaintance In behalf of the Commercial club with Dm National Rivers and Harbors con gress, which Is to meet there next week. The Commercial club Is to renew Ita mcinhei-SHhln In the organisation. ELKS' LODGE TO HAVE CABARET SHOW TODAY A cabaret entertainment will he given In the Klka' club rooma following the lo!ge meeting thla evening.. The stag social committee haa arranged n ery entertaining program, which .will Include Harry V. Hahn, bass soloist: the Corey Sf McKensle quartette. Hilly Law rence in his specialties, Hugo Perkins, cartoonist; Clifford Long, monologlst: A. t. llalnl, cornet aolo; Qulgley and Blxby. violin and guitar, and the Happy Hollow quartette, two of the members of which will give solos, Mr. Watts. "All Aboard for Dixie." and Mr. Bhafcr. "The Friar." MORGANTHAU RUNS BLUFF UPON TURKS V. S. Ambassador Sends Britishers from Constantinople in Safety by Exercising Nerve. BUSINESS MAN TELLS ABOUT IT Ptefaaree at Athena Describes Scenes at Railway Station Where the Tarka Were Vslaat Harsh Meaaares. (Copyright. 1914. by rrcsa Publishing Co.) IjONDON. Dec. 3-(Spedal Cablegram to New Tork World and Omaha Bee.) Tha Chronicle Is In receipt of a letter from Cherles Tucker, who for many years was In business In Constantinople and who Is now a refugee In Athens, an account of his experience, In which he lays special stress on the debt of grati tude which Hrltlah refugees owe to the American ambassador In Constantinople, Describing tha plight of the British colony during the ' period preceding the declaration of war between Rrltaln and Turkey, Mr. Tucker says: "The British ambassador protests. oupled with thora of the Kren' h and itusslnn coilcglatea, met with s put res ponse. When ntnttera had reached a climax the British ambassador demanded Ms pan. ports. It would have been dan gerous for any Britisher to remain In Constantinople alter thla, and prepara tions were hurriedly made by the colony to leave the Turkish soil. Special Train Arranged. "Henry Mnrganthau, the I'nlted Slates ambassador, who had been requested to take charge of British Interests, agreed moat willingly to do so. He at ones set about to arrange a special train to leave with refugees, and obtained consent of Talaat Bey, minister of the Interior, that the train would leave Pimday evening, Novevntcr 1. The British ambassador waa to leave the same night by another train. "I'gly rumors began to circulate that the British would bo sent to concentra tion camps In the Interior and that men between the ages of 17 and 60 years would be Incarcerated In the Turkish fortresses. "The scene at the station beggared de scriptionhungry children and Infants li. arms crying, terrified and anxious moth. era clinging to their children and belong ings, while their men folk eagerly were surrounding the American ambassador and his staff, who had come to the sta tion. "It was a sight not easily to be for. gotten. Tha police were harsh and brutal snd even cleared the station, as If turning rattle out. No respect was paid lo women snd children, many of whom got separated and only found one another Sgaln through some lucky chanc. "Morganthail was determined to have his own wsy. The treatment he wit nessed provoked his anger and stimulated his determination to maka the Turks re spect his wishes. The nexi morning It was learned he hsd formally advised the Turkish government unleas tho British colony was allowed to leave that ver day he would demand his passports and take every one away on his own special train as his private guests. "This action the Turks did not bargsln for. They certainly did not desire to g. to war with America as well. They Im mediately caved In and tho ambassador won the day. "The American ambassador's efforts did not end with 1 dispatching a special train. He has since assisted in sending away several- Britishers who had beet, left behind and ' who all speak most, highly of his work." (Hants Coin Money. John MoOraw's employers are hardly able to sgree with General Sherman's opinion of war. During the past season the New York Huh cleared more money than any bnso ball club ever did In the history of tho game, and that without winning a pttnant or breaking Into a world's serios. The season's profits are estimated at between $.100,000 and tWO.OM. Kaiser Urges Pope -to Receive Envoy from the Sultan ROME,- Dec. t (Delayed In Transmis sion.) The Trlbuna today says that tha announcement of tbe sending of a British mission to the Vatican Induced Germany to urge the acceptance, of a Turkish am bassador, to, the. Holy 8e for tha reason that tha sultan, having abolished the capitulations, cannot deal through Franca concerning Catholics in the Ottoman em pire. At the sam time Servia li sending a diplomatic representative to tha Holy See to ask that tha Vatican naive an envoy accredited to the Servian government Bea Want Ads Produce Results. INTENSE ITCHING OF ECZEMA Pimples in Clusters. Kept Getting Worse. Clothing Irritated. Could Not Sleep. Ciiticura Soap and Ointment Healed in Two Weeks. P. O. Bos 13. Kimball. Neb. "My right limb began Itching la several places. Then tbe ersema came ia the form of pimples in clusters and after I would scratch them thoy would form on. lump. It kept getting worse. Tbe Itching was intense. My cloth ing irritated tbe eruption, also the air. I could pot sleep. " I sent to tha drug store and got a bottle of so-called which did no ' good. I tried everything recommended for it but It kept getting worse. A year after the beginning of tbe itching I was covered with big Itching blotches and ths Itching was terrible. I could do nothing but scratch and ths mora I scratched the worse It aould itch a ad burn. I saw a testimonial someone hsd written about being healed of srtema with the Cutlcurs Koap and Oint ment so I sent (or a free sample. Thea I sent to the drug store and got sous mors. Ia two days I wss better. In a week the Itching had stopped and la two weeks ths eczema was all gone." (Blgned) Mrs. Henry H. Prouty, Apr. 31, 1014. Samples Free by Mall Cutk-ura Soap and Ointment hare proved Boost valuable for the treatment of dandruff. Itching, trrttatod scalps with dry, thin and failing hair, irritations sod charms, of In fancy and for ail purposes of ths toils, bath, and aurarry as well ss for pin plea, black heads, redness and roughaaaa of tha faoa and hands. Cutleura Boap and Ointment are sold everywhere. sampta of each Bailed free, with 33-p. Skin Book, Address pusveard "CuUcura, Dept. T, Boston.'. While the SuLasts (f lam . A KM. Palr n& GMJF EDGE V K: OPPfttSl i& OUC i &CK Off Air Cushion Finish . y'. FREE With a 90c Glass Humidor of TUXEDO Tobacco ...... . s V TUXEDO Is unique in every way. One desirable, exclusive feature is the fact that you can smoke TUXEDO where ladies are present, knowing absolutely that they, as well as yourself, will enjoy its delicate, aromatic fragrance. This free offer of Congress Playing Cards is made to call special attention to TUXEDO as a "Home Smoke." ' These Congress Cards, made by the U.' S." Playing Card Co., are the recognized world's standard, sold ' 0' 1 sy everywhere for 50c. The exquisite back design, clear, artistic faces and heavily gilded edges arc a delight to every card player. The texture or feel of Congress Cards is not equalled by any other, card made. YOU CAN BUY TUXEDO EVERYWHERE Curred Tin - 10c tvi it -sK;.Lw:Ws f Convenient Pouch 5c V i Glas Humidors, 50c and 90c v,.,Wi ' m Tin HumMoi 40c and 80 . Jr. i fr? '' !!' i- W-s- a v .'-.-..') Tht Perfect Pipn Tobacco Tuxedo has taken first place in the favor of critical American smokers. Their unani mous preference ror Tuxedo is convincing evidence of the superior qualities of this mild, delightful tobacco. The "Tuxedo Process" of treating the ripest, mildest leaves of the highest-grade Kentucky Durley removes every trace of harshness and develops a smooth, mellow fragrance and flavor that .have never been successfully imitated. Tuxedo absolutely cannot bite'-rh soothes the most sensitive throats and tongues, as many noted singers and public speakers testify. 7Vy.Tuxcdo in this Humidor, and you will have the most enjoyable smoke - weeks of your life. IT REE Look for Free Offer tign on a dealer's window to day and avoid disappoint ment. Dealers have onlv a limited supply of CONGRESS CARDS and can not obtain more. Get a 90c Glass Humidor of TUXEDO and ask for the FREE pack of CON CRESS PLAYING CARDS. THE AMERICAN TOBACCO COMPANY ( I 3EZl Special TT 1 -X We want eyery dealer in Omaha and South Omaha to be supplied with these Congress Playing' IMOtlCC 10 UCftlCi SI .rd. All dealers who have not yet received a supply of these r laying Cards can do so by caiirj R. C Metcalfe, at the Flaza Hotel. Phone Tyler 234.