Omaha daily bee. (Omaha [Neb.]) 187?-1922, May 26, 1920, Page 2, Image 2
' mE BEE: OMAHA, WEDNESDAY, May "o 190. INVESTORS WILL PROBE AFFAIRS. OF SKINNER GO. Committee Named at Meeting Here to Take Steps to Protect Stockholders. . (Continued From Tint Pat-) it were not for hi? shame I, believe .' it would be Mr. Howe, who would bid highest for the plant" L. F. Crofoot, Omaha attorney, who was in the audience, moved that a committee of three be appointed to demand that the Skinner brothers rescind the 167,000 shares of stock which they are said to .hold in the company, "with the exception of the shares to which they are entitled on the ratio of two to one in exchange for stock in enterprises other than the packing plant. Xhe motion car ried but wasnot acted upon. A uproar resulted when motion to give a vote of thanks and confi dence to the Skinner brothers was advanced. A- large majority voted against it. Tell Promoting Cost. W. C. Fraser, counsel for several stockholders, gave figures which he said .proved that the prompting of the Skinner plant cost $1,268,931.36, and that more than $5,000,000 of the alleged assets of the corporatoin were listed in the company's state ment for "good will, patents and copyrights." In his statement Mr. Howe told of being locked out of his private office at the Skinner plant. "On April 7, 1920, Lloyd Skinner, who was then vice president and director of the company, undertook to remove me as president and man ager by telling me verbally to get out, and also by delivering to the clerk in my office a letter a,s fol- lows:-Mr.- Howe -rs no lonfer con nected 1 with the "Skinner company and 1 wish you to turn the keys 10 your desk or any keys which you have to any of the desks in the plant, over to Manager Kennedy, -and to see me personally at the macaroni factory!' . . , . v Was Not President - He signed : president after his name,, talthough he was nqj, presi dent at that time and had no author ity to take action, yet he supported it by taking7 pfessession'of the office of the- president . and, .stationing guards to keep m out! . Mr. Howe reviewed the events since he became connected with the Skinner company. The real cause of the trouble between himself and Kthe Skinners was due to the manner in wnicn siock was issueu io me Skinners, he said. Attorneys reminded stockholders on several occasions during the meeting that the only place they they could take legal action was in Delaware, where the ' Skinner com pany,, was incorporated. This did not affect the enthusiasm of the meeting, however, and many lengthy debates occurred during the day. Confidence in Plant. The stockholders generally de clared that they had confidence that their stock would prove valuable in time, but expressed hopes that the pbnt would begin operations, soon. The committee appointed to pro tect the stockholders, which is made SAYS SUGAR AT 27 GENTS POUND SHOWS NET LOSS Chajrman of Grocers Declares Jobbers Must Be Allowed Profit If Trouble Is to Be Avoided. up ot one representative trotti each of the six congressional districts of the state, two members from Iowa and one s from Colorado, is as follows: Chairman Gusrafsoa of Omaha, W. P. Bennett, Cambridge. Neb.; James Shoop, Sutherland, Neb.; W. A. Smith, California Junc tion, la.; J. W. Davis, Harlan. Ia.; H. O. Wiggins, Julesburg, Colo.; Frank H. Doerman, Lorton, Neb.; Frank Chittenden, Omaha, and Thomas Mortimer, Leigh, Nebi Mr. Howe, in an answer filed yes terday in district court to a suit brought against him by the Skinners, declared he .could have made . the Skinner company so successful divi dends would have been paid this year, had it not been for interference from the Skinners. , New York, May 25. Although offering sugar at 27 cets a pound yesterday, Harry Balfe, chairman f Austin, Nichols & Co., x wholesale grocers, today testified before the joint legislative committee investi gating profiteering that evrry pound of it handled' showed a net loss to the firm of 5 o 74 per cent. He said he believed the present wide, variation in prices to whole salers was due to demand' exceed ing1 supply. He said that jobbers must be al lowed toimake a fair profit on sugar if "trouble ws to be avoided." In reply fo inquiry as to why he sold sugar when it showed he firm a net loss, he explained: "The trade buys its other oods where it makes its sugar purchases." Mr. Balfe said . increased over head expenses, amounting to 2y$ per cent more for the, first quarter of 1920 than for the same period last year, were due to the "high cost of loafing." "We can't seem to get anything done," he added. "The same amount of pep, isn't thereV i Henry W. Wilmpt, vice-president of the Cuban American Sugar Co. and the West Indian Sugar Finance corporation, another witness, put in evidence a copy of a letter from Manuel Rionda of Cuba to George A. Zabrjskie, former head of the sugar equalization board, advising purchase of the Cuban sugar crop. Unless this is done he said, "a wild orgy of speculation will follow IL S. Commissioner Will Resign to Go Ort Colorado Ranch United States Commissioner Frank W. Miller will resign his commis sion about the middle of June and remove with his family to Yuma, Colo., near where he has a 640-acre farm. Mrs. Miller left last evening to join her two sons, Clarence and Earl, who have been developing the ranch since lVll. Attorney Miller has sold nearly all of his Council Bluffs property, in eluding his fine home on Oakland avenue: Mr. Miller has been a resi dent of Council Bluffs and a mem ber of the bar association for nearly 30 years. He has owned his Colo rado land since 1888 but made no attempt to develop it until he sent his sons out there, and they have made a small fortune from dry land alfalfa, raising large quantities of seed and selling it at fancy prices. The last twd seasons they have raised, thousands of bushels of high- priced wheat. Mr. Miller plans now to make, his land provide alfalfa feed for about 1,000 hogs. Plattsmouth Elks Plan Tp Initiate Large Class Plattsmouth, Neb., May 24. (Special.) Plattsmouth lodge ,No, 739, B. P. of Elks, has been making some phenomenal strides m mem bership growth during the past year, which will be further .augmented June 8th, when a class of more than a half hundred candidates will be initiated into the mysteries of Elk- dom. During the last few months several classes of from 20 to 30 members have been initiated, but the present one is the largest in thes his tory of the local lodge. The lodge a mcmocrsnip oi aimusi DENIES BRITAIN SEEKS CONTROL OF OIL SUPPLY U. S, May; EScperieace v: ; Serious Labor Crisis now 500. has which will be without precedent in the history of sugar. Had the Cuban crop been bought, Wilmot testified, sugar would have been 12 cents a pound in this coun try. Vlctrola XVH, $350 Victrola XVII, electric, $41$ W01 you changed his interpretation thing that makes Caruso famous is his art That is what you want to hear. That is what you do hear .when his Victor Records are played on the Victrola. The greatest artists all appreciate this fideUty,' They are Victorvartists, because the Victrola reproduces their art exactly as they wish you to hear them Victrolas. $25 to $1500. Victor dealers everywhere. New Victor Records demonstrated at all dealers on the 1st of each month. ' V1CTRO tea. u. t, pat. err . .if Victor 'HIS MASTERS VOICE tau-a.om, nil ViainrX.eAd?QiaJti auwien4d.wam V-ol" nwy all our product. Look - the ltdt bwk en the UmI I ""VICTOR -TALKING MACHINE GO, . .Caron.NJ, Camden, New Jersey any .-.""r- Foreign Policy Directed Z i? Against No Man, Sir Auck land GedtJes Ambassa dor to U. S., Says. New York, May. 25. Sweeping denial that Great Britain was seek ing to monooolize the world's fuel oil supply, was made here to night by Sir Auckland Gedcles, British ambassador, speaking at the T)?1n.?M . j: o . . , . .1 . nonius unwier. oiaiemqnis mat Great Britain had such intentions, he added, were as completely with out basis in fact, as charges that Britain today was moved by militar ist impulses. "I say without fear of informed critics,"' Sir Auckland declared, "that British foreign policy is di rected against no man, but is in spired by the desire to seek peace, to bring order out of choas. to ex tend the boundaries of freedom, to improve the. lot ' of the oppressed and to increase the material pros perity of the world. That is our program, those are the orincioles bv which I, as British representative in this land, am guided from day to day." The ambassador touched also upon reports that the British gov ernment was trying to pool the war debts of Enrope, "and to drag you (the United States) into the pool." No Grounds for Report ( "You may seek far and wide for evidence on which that statement could be based." he said. " "You will not find it If you lobk closelv you will find my government trying to pour oil on the troubled waters of Europe and you will also find on lookers who' seize the oil as it is poured and throw- it on the fires of anti-British feelings. l realize that traditional hatreds and ancient grudges die. hard. I think I can make full alowances for these things, but I do plead with each and all to realize that if they have oil to pour they will better serve their day and generation and the cause of all humanity by select ing troubled waters to receive their libation and avoiding smouldering fires." One Vessel Completed. In answering what he' character ized as "wild duck' 'publications as to the British purposes, the ambas sador dealt first with the British navy, saying that while more than a ,000 ships, including four battle cruisers were under construction when the armistice was signed, one cruiser, the Hood, too. far advanced to permit cancellation,' was the oijly major ship completed We have not at present a sinele capital ship building or completing and not one ship, large or small, has. been laid, down since. the armistice," he said. ' The British armv and air force had been. 'even more drastically" dealt with, Sir Auckland continued and dded:. It is no business of mine to. compare these facts, with tbt corre sponding action of any other na tions, but I. ask you who knew your selves to be nonmilitarist, to con trast, them with your own national cts if you are tempted to think Eng land militarist." - V No Danger of Financial Panic, Banker Declares Cleveland, May 25. Banks of the country are well able to carry the nation's industry through present difficulties, Richard S. Hawes, presi dent of the American Bankers'" as sociation, told delegates to the an nual convention of the Association of City Reserve Bankers here. "There .is no danger ot a panic. Mr. Hawes told the bankers. "Credit s being given o industries steadily in proportions to their requirements and in keeping with the manner in which they do business. Checks have been placed cm risky enterprises. We are returning steadily to a period of normal conditions with de flated prices and more stable rela- tons generally in all lines of busi ness. Ulster Volunteers Rout Sinn Feiners at Lisbellaw Belfast, Ireland, May 25. The village of Lisbellaw, Ulster, has i , j oeen given ine ieaa in an organize effort to deal with Sinn Feinism. The Udster volunteers have been re- f M . -!- 1 1 iormea ana pictceis esiaDiisnea. At midnight Sunday, a sergeant going htome saw an 'armed mob around his house. He notified the patrol, the mill siren was sounded and church bells rung, and the vhV lagers turned out. The Sinn I-einers decamped. Socialists to Notify Debs of His Nomination Chicago, May 25. The national socialist party announced at its headquarters here that a committee of six headed by Seymour Stedman of Chicago, will leave this week tor Atlanta to notify Eugene Debs, in the federal prison there, of his nomination for the presidency of the United State.son the socialist' ticket. The members, of the. committee will meet in Atlanta Saturday morning. Grant Extradition for Alleged Howe Bank Robber Topeka, Kan., May 25. The appli cation of Gov. S. R. McKelvie of Nebraska for the extradition to that state of Harry Kelley from Atchi sorr, where he is being held in the county jail, was aprpoved by Gov. H. J. Allen. Kelley was wounded in a battle between three allaged bank, robbers and Atchison officers fol lowing robbery of a bank at Howe, Neb. . - f t ' President Descharfel Continues to Improve Paris, May 25. P re si d e n t Deschannel's condition is improving. He spent part of the afternoon in his library at work. .At 6 o'clock in the evening he received his physi cian.. They issued the . following bulletin? . "The president's condition iontin Ues satisfactory. There is general soreness bur no nervousness." - 4 Lighting Fluurc, burgess Gran den Co. Adv. (Continued From Tint rsJ' payment of rentals and other items jdue the carriers from the govern ment from the period of government operation irfstead of withholding this for a final settlement ence. The government vn.a tut. miu unu ivi iviiuhj, viv, carriers owe the government for ad ditions and betterments $765,821,450. Another proposal is that payment of the $765,821,450 by the railroads to the government be extended over a period of 15 years at 6 per cent interest. This is provided in the Cummins bill, now pending in the senate. If- the government should begin paying its debts to iht railroads at once and defer payment of the rail road debt to the government, the financial distress of the carriers would be relieved, it is'; contended, and the railroads would experience littln difficulty in negotiating loans on favorable terms from the banks for the purchase of cars and loco motives. Settlement , Big Task. The task of settling accounts be tween the railroads and the govern ment as the result of the two years of government operation is one of colossal proportions. Swager Sherley, director of finance in the railway administration, said today that on February 29. last, when the government relinquished control, the government was indebted to the railroads $1,476,928,805, while the carriers owed the government $1,677,343,077. Of the - indebtedness due the railroads he estimated that $815.- 379,145 could be applied against their indebtedness to the govern ment, leaving to be paid to the rail roads a net amount of $661,549,664 "Since March 1, about $123,000, 000 has been paid to the railroads on account," said Mr. Sherley. "Final settlements can be made only when the figures are available for the accounting division and the magnitude of the undertaking, with out parallel or precedent, is such as of necessity to make the ascertain ment of stich figures a matter of considerable time. Deny Demands of Railways For Additional Revenue Washington. Mav 25. Efficiency of private management and the jus tice of the railroads demands for $1,000,000 additional revenue was de fended by railroad representatives to day before the Interstate Commerce commission against boring cross ex amination of counsel for shippers and employes. ,v Under private control the roads expect to show greater efficiency and reduced expenses, ' Daniel Willard, president of the Baltimore"- Ohio railroad, declared in answer to ques tions by Glenn E. Plumb, represent ing the railway employees. Frank Nay, vice-president of the Chicaga Rock Island & Pacific rail way, explaining the questionnaire sent out by the roads on which was based the estimated record of an ad ditional income, said that on account of unsettled conditions due tf the coal strike last fall figures for the- year ending October 31, 1919,iwere used. Additional income should be raised entirely from freight revenue, Mr,: May declared, and ;not from passen ger traffic, demurrage or terminal! charges.. Much Work Still Ahead Of New Mexican Regime1 (Continued From First Page.) same "activities against the de" facto government. Disorder also has been reported in San Luis TotOsi and, General Obre gon has sent 500 men there to re inforce the revolutionist forces. Viila Now. Fugitive ,' From De Facto Troops El Paso. Tex1.. Mav 25. Gen. Francisco Villa, bidding, defiance to the "newest Mexican' government, again has become an outlaw among his own people. The bandit, with a small force of men, was reported today between Parral and Jimenez, Chihuahua, the hunted quarry of de facto troopers, with a price of 100, 000 pesos on his head, dead or alive. . Villa had been given until today to decide whether he would be at peace or war with the 73d govern ment that has ruled Mexico in 99 years, in an ultimatum served on the bandit by Gen. P. Elias Calles, min ister of war for the de facto govern ment. , The ultimatum was delivered to Villa May 20 at' his camp at Boquil las, Chihuahua, but before the time limit had expired the bandit chief marshaled his-men and fled to what he considered safer haunts. His men and horses were in excellent condi tion because of the rest they had in the interim between being at war with the Carranza government and the new. Assesses Big Levy. The first thing Villa did after re ceipt of,1he de-facto government's ultimatum was to , assess a levy to talling $500,000 against the big min ing companies of southern Chihua hua, according to reports reaching here. . General Calles has, ordered large bodies of troops against Villa. The bandit, he said, would be kept con stantly on the moveand away from possible sources of supply. Villa has threatened to begin another of his notorious expeditions of train wrecking, destruction and murder. Mobilization is His Answer. ' Chicago Trlbnn-Omh Be Lentrd Wire. El Paso, Tex., May 25.-k-Villa has issued a war call to his followers in the mountains and plains of the north to assemble at Santa Gertru di, Chihuahua, for a council of war. All of his old leaders who are living have' been asked to join Tnd many recruits are joining Villa fr6m the mountain mining district near Par ral. ... .; Villa's call to his old and "golden cnes" is considered sufficient reply to indicate Villa's intention of re fusing the offer of amnesty. The requirement that he and his body guard go to Sonora until after the elections in July is particularly ob; jecf Irriable to Axilla, sine Tie is very unpopular there and' was defeated in that state twice Bleacherites Arrested For Gambling Fined; Donate to Police Fund Chicago, May 25. The 47 men ar rested yesterday (or betting on the ball games in the Chicago' National league park lived up to the reputa tion of "sports" when they were arraigned in ourt. Judge Frank H. Graham ordered them to remain away from the bleachers hereafter and, to keep the game clean from gambling. "Now J will fine each pf you $l," said the judge. "If you're arrested again it will be the limit. This money will go to the fund of Officer William Roberts, who was killed by a train robber last week." Some of the men gave as much as $5 to the fund. Held on fJheck Charge. North ' Platte. Neb.. May 25. (Special Telegram.) Cecil Vorhee va .arrested here on cqmpla'ihC'of Kearney police, who allege $at- h passed several Iworthless checks ia that city. North Platte Woman Held ---' On Mann Indictmenl North Platte, Neb.. May 25.--(Special Telegram.) Mrs. Dorothy Pueberry alias . Josephine Davis, wife of Harry Dueberry of this city, was arrested and arraigned be for United tSates Commissioner William H. C. ' Woodhurst on a charge of violating the Mann act. She was placed under $2,000 bond to appear in the federal court at Denver, where she was indicted April 28. The indictment charges that she transported Ethel May Carroll from Denver to North Platte for immoral purposes. In 1919, it was estimated that 11,000,000 women over 10 years of age in the United States were wage earners. thompson;belden & COMPANY How Much Discount on Extravagant Prices? Certainly enough, so that thinking people . hesitate and smile. The endless use of superlatives which too many stores have adopted; leads one to believe that a plain statement of facts is not convincing. We believe, to the contrary, that there is nothing more interesting about the mer chandise :you purchase than to know that it possesses distinctive style, is of depend- , able quality and is fairly priced in proper relation to its true value. Thompson,- Belden & Co. have followed this plan since 1886. Our Very Fine Handkerchiefs The plain pure linen ones of beautiful quality, 35c and 50c each. The hand embroidered ones for 30c to $1. The i Madeira - embroid ered for 60c and up to $2.75 each. The Spanish embroid ered priced from 60c to $3 each. ;. ; .;. And the lovely Armenian lace edged squares from $1.50 to $2.50 each. Are all in readiness for the filling of vacation lists when the lack of such things is discovered. North AtI -Main Floor The Dainty New Meredie Fluffs. ; That round out a slen der figure and improve the fit of a gown and the grace of a woman's silhouette, are to be had in the corset sec tion. They are a dainty accessory made from shirred net, ribbon and lace and are' quite worthy of your con-, sideration. ' Corset Second Floor Children's Summer Socks Half or Three-Quarter Length A selection- that includes every desirable shade, in fact it is quite the largest and best showing we have ever had. There are plain shades, two-toned effects, white with colored stripes or clocking. .There are boys' ' sport hose in black, white, navy and cor dovan. Silk socks are to be had in sky, pink and white arid some very smart Eng ' lisi wool socks, unshrinkable, come in Sax- ony blue, yellow, white, green, tan or black. Stop at the Hosiery Counter and see our in t foresting display. Sherman & RlcConnell's "One Cent Sale" Ends Wednesday BETTER LAY IN A SUPPLY OF TOILET AND RUBBER GOODS, STATIONERY AND MEDICINE 50c 1-lb. Cascade Linen Paper, 2 for . 51 65c bottle of 100 tablets As pirin, 2 for 66 25c box of 24 Aspirin tablets, ' 2 for 26 50c Celluloid Nail File at 2 for ,51 50c Briar Pipe with package of smoking tobacco, both 51 Several kinds 85c Extracts, 2 ounces for 86 $1.00 Toilet Water at 2 for 81.01 76c Toilet Water, 2 bottles ' for : 76 $1.00 Septone Hair Tonic, 2 for 81.01 60c Hand and Nail Brushes, 2 -for 61 ToiUt powder, hand and f-ce Five or six kinds 25c Paste and Powder for Tooth at 2 26 25c and 35c Tooth Brushes, 2 for the price of one plus lc. Five or six kinds fine Talcum.. Powder, 2 for the price of one plus lc. ' -lb. cake Symond's Inn Chocolate for baking and drinking purposes, 2 for 36 Big list of Toilet and Shampoo Soap priced on the same lc plan. Hair Brushes, Lather Brushes, Nail and Cloth Brushes, 1 at the regular price and the next for lc. 50c Benzoin and Almond Cream, 2 for.., 51 ream, nail and hair and tooth brush Seo them in our window 1 Ak your neighbor t Invettj. gate the "One Cent Sals" plan. Sherman & McConnell Drug Co., COR. 16TH AND HARNEY. Bif, New, Beautiful Home of Down stairs Soda Cafe "WtnUr Garden." COR. 19TH AND FARNAM. Juit a Rwl Nice Drug Store. (J no. W. Cacip, Manager). COR. 16TH AND DODGE. (The Old Original). ' The aala at three only of the five good drug etoree owned and operated by the SHERMAN A M'CONNEIX DRUG CO. ... 1 VK ert v "