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El Paso Herald from El Paso, Texas • Page 13

Publication:
El Paso Heraldi
Location:
El Paso, Texas
Issue Date:
Page:
13
Extracted Article Text (OCR)

EL PASO HERALD ROCKEFELLER Money Trust Committee May Call Oil Magnate For Brief Examination. IS NOW UNABLE TO TALK ABOVE WHISPER Washington, D. C-, Jan. buffering from shaking palsy and unable to speak above a whisper, William Rockefeller would be able to undergo a before the house money trust committee, if his testimony is of So Dr. C.

W. Richardson told the committee today. He said that to submit, the oil magnate to prolonged Questioning might cause a hemorrhage or a swelling- of the 1 which w'ould stop his breathing. While Dr, Richardson and Albert C. Rurrage, who was concerned in the reorganization of the Amalgamated Copper company, testified, a list of financial leaders waited to be called.

They wrere president Hines of the National City Rank of New York, Geo. W. Perkins, Thomas W. Lamont, H. P.

Davidson and Geo. Raker the latter a son of the leading figure in the First National bank. The committee will take up the question of whether Mr. Rockefeller is to be examined at an executive meeting late today. Organization of Amalgamated.

Albert Rurrage, of Roston, testified he was an organizer of the Amalgamated Copper company in 1896. He named as his assistants Wm. Rockefeller, Marcus Daly, H. H. Rogers and others.

Mr. Rurrage could not remember how much was made by the organizers in turning over the various properties to the Amalgamated. the profit asked Mr. Untermyer. could not answered Rurrage.

He could not remember his own profits nor those of Thomas W. Lawson, Wm. Rockefeller and Mr. Rogers. panic came in in shoals, asked Mr.

Untermyer. you might say said Mr. Rurrage. He could not say whether the received large requests for subscriptions of the stock but he knew that before the stock was Piloted the price had gone to $115 or $120 per 100 shares. About $375,000,000 of offers, he said, were received for the $75,000,000 of stock.

Cannot Remember Details. Mr. Rurrage could not remember details of operations by which Amalgamated took over Rutte and Roston. Roston and Rutte, Mr. Rurrage said, was accumulated on his advice.

Later, he said, the Globe Rank of Roston failed, holding a large block of Roston and Mostana stock. Just prior to the failure, he said, Mr. Lawson conducted a vigorous advertising campaign, Rutte and Roston and Roston and Montana. Mr. Rurrage said he had taken no part in the negotiations by which the Amalgamated organizers secured the Roston and Montana stock held by the Globe bank.

He did not believe the Lawson advertising campaign had any relation to the Globe failure. Mr. Rurrage said that Rutte and Roston stock was exchanged for Amalgamated, at a rate of four shares of Amalgamated for one of Rutte and Roston, which with Amalgamated at 130 made a price of 520. Rutte-Montana, he said, was excxhanged share for share with Amalgamated in the merger. Mr Rurrage said that in 1904 he ordered all his papers and accounts destroyed because Mr.

Lawson and Mr. Rogers were engaged in an altercation. Perkins Testifies. George W. Perkins was the first to take the stand when the committee resumed the hearing after lunch.

Mr. Perkins told of having been a member of the firm of J. P. Morgan company, and of his connection with the United States corporation. He was still a director and member of the finance committee of the corporation and had a great deal to do with its business organization after it was formed.

Mr. Perkins is a director of the Steel corporation and the International Harvester company. Wade I'rges Central Hank. country can never have a sound monetary system without a central declared Festus G. ade, of St.

Louis, a member of the banking and currency committee of the American association before the house currency reform committee. Mr. Wade said the socalled Aldrich plan proposed the best system that had come under his observation. Chairman Glass told the witness that the declaration of the Democratic party against the Aldrich bill practically precluded the consideration of any plan embodying the central bank feature and asked for an opinion on a system 1 of divisional reserve bank, supervised by a central board. may be able to work that the witness replied, the system will not be sound without the central Mr.

Wade Democratic opposition to a central bank was largely sentimental and recommended that the committee report a measure similar to the Aldrich bill. Texan Proposes Elastic Currency. James E. Ferguson, a banker of Temple, submitted a bill to establish in with the office of the eontroler of the currency, currency bank of the United with 1 eight branches to be known as currency stations and authorize the issue of $700,000,000 in currency by the United States government. The plan contemplated the loan of currency to banks on commercial paper at five percent interest.

Mr. Ferguson said only an elastic currency issued by the government itself would meet panic conditions. Asks Protection for Steel. S. P.

Ker, of Sharon, president of Sharon Steel Hoop company, before the house ways and means committee considering the tariff on steel, advocated changes in the phraseology of the law to prevent importers taking advantage of its terms. Mr. Ker told of plans now under way by the United States Steel corporation to advance the wages of its common laborers and artisans and mechanics 10 percent Feb. 1 Representative Fordney, of Michigan, estimated that this would mean an advance of $17,500,000. In answer to chairman Underwood inquiry as to the cause of the proposed increase of wages by the steel corporation, Mr.

Ker said he thought the corporation was taking time by the forelock to hold its He urged protection from invasion from abroad and added that if the industry were disturbed, the companies would reduce labor to the point where they could meet competition. Mr. Ker advocated a dumping clause to prevent the sending of goods into this country at lower than in the country of production. Affairs of the W'altham Watch company of Waltham, also were taken up by the committee, which continued far into the night. Trnst Controls Aluminum Industry.

The existence of an international agreement covering the aluminum industry was revealed. President Arthur V. Davis, of the Aluminum company of America, admitted that his company, the only aluminum manufactory in the United States, was owned by the Canadian Aluminum company, which, in turn, had a perfect agreement with all of the six or seven foreign aluminum companies. This agreement, he said, covers all the world except the United States, which he admitted to representative Rainey of Illinois, was excepted because there is a law prohibiting it here. The admission of this agreement amazed members of the committee, some of whom pointed out that, along with previous testimony regarding foreign trusts in other industries, it presented a problem never before faced by a tariff-making committee.

Davis protested against any reduction of the tariff, which the tentative Democratic plan proposes to cut in half. Asked if he expected much competition, in view of the existing agreement, hev replied that there was competition, though members of the committee declined to be convinced. Would Independents. Walter Laidlaw, of New York city, who said he represented about a dozen manufacturers of pumping machinery, but later admitted he represented the socalled testified that the International Pumping company owned all the manfactories he mentioned. He said the International Pnmping company had net earnings of $1,250,000 on its aggregate investment of $25,000,000, or a 5 percent return on its capital investment.

He said he believed that the independents should put in for making a lower price than they could make "money on. The has passed the postoffice appropriation bill carrying $278,489,781. Tells of Selling Archbold Letters. Wm. Winkfield, the former Standard Oil negro messenger, who has told the senate committee investigating campaign funds of his participation in the sale of the made material alterations in his testimony when he reappeared today before the committee.

Winkfield told the senators he had fright and a bad headache William Wotherspoon has been confirmed by the senate as major general of the United States army by a vote of 36 to 14. WILSON HOPES PROGRESSIVE DEMOCRATS WILL BE ELECTED Trenton, N. Jan. 15. hope progressive Democrats will be elected in every said president elect Wilson, in referring to the contests incident to the election of United States senators in Maine, New Hampshire, Illinois, South Dakota and Tennessee.

The governor took emphatic exception to editorials and published reports purporting to describe his attitude as preferring the selection of a progressive Republican in cases where the other alternative would be the choice of a Republican. only thing I am interested in in any he said, the election of the The governor was delighted with the result the caucus of the Democrats of the state legislature who, by a vote of 42 to 5, elected Edward E. Grosscup, Democratic state chairman, as state treasurer. The governor openly had declared himself for Mr. Grosscup.

Pleases the tastQ Satisfies the appetite Nourishes the body Dn Prices £lGRAIN than a breakfast food A delicious, appetizing" combination of Wheat, Oats, Rice and Barley 18 servings for 15c Ask your grocer for Dr. ALGRAIN NEW YORK FAVORS DIRECT ELECTION of U. S. SENATORS Albany, N. Jan.

only four dissenting votes, the resolution to i-atify the proposed amendment to the federal constitution providing for the election of United States senators by the people of the several states, was passed by the lower house of the New York legislature. The measure will be considered by the senate today. The urgent need for the enactment of laws to prevent the exploiting of women and children to satisfy the greed and avarice of their employers, was pointed out to governor Sulzer by Samuel Gompers, president ol' the American Federation of Labor, and Abram Elkus, counsel to the New York state factory investigating committee. There was a lengthy discussion on proposed compensation legislation. Mr.

Gompers expressed the belief that there should be compensation for the injury or death of ployes without resorting to the courts. CHfAFIN ASKS PROHIBITIONISTS TO RAISE MILLION DOLLARS. Indianapolis, Jan. plan to begin at once securing pledges toward a million dollar campaign fund for use in 1916 advanced by Eugene W. Chafin, of Tucson, prohibition candidate for president at the last election, was adopted by the national conference of the party.

The meeting which will continue until Friday, was given over to discussion of plans. On Thurdsday the national committee will convene here to decide whether the publication of the paper, The Advance, at Chicago, shall be discontinued. RHODE ISLAND IS FIRST TO FILE ELECTORAL VOTE Washington, D. Jan. S.

Me- Lens Grinding Satisfactory lenses must not only have the proper curvature to correct the defects of your eyes, but they must be of the size and shape which fit and the best on your face Because we grind ALL lenses in our own factory we are able to give the most careful attention to these points Boston Stor Semi-Annual Red Letter Sale We start our Semi-Annual Red Letter Sale throughout every department promptly at 8 Saturday Morning, January 18th RISBEE, ARIZ. Risbee, Jan. successful meeting of the Study club, recently organized at the W. C. was held at the association building.

There were a number of readings and later, refreshments were served. It ia planned to have the club meet semi monthly. Capt. G. S.

Greenway, of the C. A. mine, has returned from a trip to Tucson. A large delegation of Knights of Pythias left in automobiles and by train for Cananea. The instalation of officers of the Redmen was held at the Pythian castle.

with but one reduce stocks at once to lowest or original cost has not been the most sensational bargains await you at every turn, on every floor in every department of the Boston Store. -HOME OF LOW PRICES- 6 18 E. verland Cabe of Rhnrio Redmen was Held at tne pytnian castie. riennial race to Washington with the 1 instalation ceremonies electoral vote of his state. At 9 a.

a a which more th when the office of the vice president I couples were present. opened, Mr. McCabe was waiting. A short time later H. M.

London, of Raleigh, appeared with the vote of North Carolina. A late train robbed him of the honor of being the first to arrive. THE COURTS. SUPREME COURT. Austin, Jan.

supreme court today refused a writ of error in the case of the Texas Pacific Railway company vs. W. R. Hilgarten from El Paso county. EIGHTH COURT OF CIVIL APPEALS.

J. Harper. J. F. McKenrie mid E.

F. liiiiurins Justices. Submission M. Youngberg vs. First National bank of Pecos, et from Reeves, motion of defendant in error to dismiss writ of error, strike out transcript.

J. Chambers vs. P. R. Wyatt, administrator from Harris, pellee's motion for mandate, costs to be paid in administration of estate.

F. Me Williams vs. Fort Stockton Irrigated Rands company, from Pecos, motion to amend appeal bond; record filed. J. A.

Raney vs. Houston Righting and Power company, from Harris, motion of plaintiff in error for a rehearing; cause reversed and remanded; opinion filed. Rank and Trust company vs. T. C.

Ford, from Harris; motion for rehearing. Houston Righting and Power company vs. Mary A. Rarnes, from Harris; appellant's motion for rehearing. L.

R. vs. Texas Ranking and Investment company, from Harris; motion for rehearing of the Union Commission and Grain companv. James R. Parks vs.

J. M. Sullivan, from Harris; motion for rehearing; opinion filed. W. E.

Allen, of Midland, has tendered his resignation as a member of the board of legal examiners for the eighth district. 34th DISTRICT COURT. Dan Jackson, Presiding. H. C.

Myles vs. Abram Abeyta, suit note; filed. 41st DISTRICT COURT. M. Walthall, Presiding.

MoRride vs. Loomis, trespass to try title suit; on trial. Rebecca Herrera, suit to remove disabilities as minor; filed. Fannie Strode vs. William Strode, suit for divorce; filed.

JUSTICES COURTS. E. IK Presidlnpr. L. E.

Ross, C. P. Pitman and L. V. Snyder, robbery with the use of firearms; examining trial being conducted.

J. J. Murphy, Presiding. John Doe, charged with unlawfully operating an automobile, fined $5 and costs. JUGHTNING STRIKES IN SAME SPOT SECOND TIME San Francisco, Jan.

does strike twice in the same place. Early this morning two successive bolts wrecked the Point Ronita life saving station, on the Marin county shore of thG Golden Gate. SNOW IS SIX INCHES ON LEVEL AT RENO, NEVADA. Judge Allen English has returned to Tombstone. Miss G.

C. Kroger, a nurse at the Copper Queen hospital, has returned from a trip to Los Angeles. Tom Collins, a former resident of this city, is in Risbee from his home in Roston. Mumps are plentiful in the Warren district. Quite a number of cases have been reported at Lowell and Warren and there are a number of cases in Risbee.

The instalation of officers of Golden Rule encampment No. 5, O. O. was followed by a dance. Harry Daly, a former resident of this city, is in Risbee on a short business trip from Eureka, Calif.

Harold Elliott has left for Dawson, N. for a short business trip. E. E. Ellingwood, who has been In Tombstone on legal business, has returned.

E. A. Watkins, who was recently operated on for appehdicitis, has returned to his home and is reported as recovering rapidly. Miss Helen McCarthy, of Lowell, is confined to her home with a case of grip. Mrs.

J. E. Morrisson, accompanied by her daughter, has left for Los Angeles, where she will spend the winter. ALPINE, TEXAS. Alpine, Texas, Jan.

John Rooney of Fort Stockton is visiting Mr. and Mrs. James Cotter this week. Mrs. Roselle Pulliam and her little son, Robert, are in Fort Davis.

George Miller has returned from a business trip to Marathon. Miss Josephine Linn has returned to Shatter. W. K. Shipman is in Del Rio.

Mrs. R. I. McCamant, who has been visiting friends in Alpine, has returned to her home in Marfa. H.

S. Wigle has returned from a trip to San Angelo. James Rooney, of Fort Stockton, was a visitor in Alpine recently. Mrs. F.

E. Gillett has returned from a visit to her mother in Marfa. The younger set of Alpine had a small dance at the skating rink. Mr. and Mrs.

J. R. Johnson and Miss Carrie Ruhlman, of Galveston, were in Alpine for the funeral of their brother- in-law, Dr. H. P.

Moor. Mr. and Mrs. Caswell Edwards have returned to their home in Sanderson. Mrs.

T. R. Templeton has left to join her husband on his recently acquired ranch near Doming, N. M. Mrs.

.1. D. Martin has returned from a visit to her daughter in Pecos. S. H.

McCullough, for some time bookkeeper for W. E. Caldwell, has e- signed to become divisional roadmaster on the Orient. H. J.

Gray of Orient, formerly a resident of Alpine, has been visiting in town. J. L. Crawford has returned from Fort Davis. C.

Iv. Moffatt has been summoned TO DISPATCH TRAINS FROM EL PASO OFFICE Southern Pacific trains on the Tucson division will be dispatched exclusively from the El Paso office of the G. H. in the future. Three dispatchers and a chief will be transferred frora Tucson to El Paso.

TO COLLECT FUNDS FOR THE BATTLESHIP TEXAS. Austin, Jan. O. R. Colquitt has issued a proclamation setting aside March 18 as Rattle- ship and urged all school dren in the state to contribute a nickel or a dime toward the purchase of a silver service for the battleship which will be the largest battleship in the United States navy.

Lewis Fisher, of Galveston, will have charge of the raising of funds. JOHNSON IS RELEASED AGAIN. Chicago, 111., Jan. Johnson, who was intercepted at Rattle Creek, yesterday, while on his way to Toronto. Canada, gave a satisfactory explanation to judge Carpenter today.

He was not surrendered on the $30,000 bonds covering his appearance to answer charges of violating the Mann act. OHIO AROUSED ON THE QUESTION OF MIXED MARRI AG I Columbus, Jan. himself disgusted with the recent duct of Jack Johnson, the pugilist representative Reppert, of Cincinnati has introduced a bill in the house prohibit marriage or cohabitation between whites and negres or Chinese ii Ohio. Howard Fogg, manager of the El Paso and Crawford theaters and Hippodrome skating rink, is ill at his apartments, in the Crawford theatei building, with a severe attack of silitis. -K-r -r -T- I V.

nao rvu II HI I 11 S1X I to Fort Davis as a witness in the Gil- of snow on the level in Reno and vi- trial cinity today, and still snowing, indi- if cations are that Nevada is facing the heaviest snowstorm in several years. The snow started falling shortly after midnight. LAS CRUCES ROAD GOOD. J. A.

Reames, agent for the Studebaker cars at Mesilla Park, is in the city today on business. Mr. Reames is going- to drive a new car back to Mesilla. He that since the recent hard snow, a great deal of work has done on the road from here to '-races, which, with the exception of Place, that is now being fixed, is in splendid condition. NINE OUTLAW'S KILLED IN RATTLE.

Manila, P. Jan. Fletcher reports that only nine outlaws were killed in the fight Monday in south Lanao between a detachment of scouts and a large force of bandits. The military and constabulary are cooperating in pursuit of the scattered band. HAPPEN BREAKS ARM IN CRANKING HIS AUTOMOBILE.

Jack Happen, Is carrying his ng'ht arm in a sling, having broken it while cranking an automobile. Jack, had his left arm broken while roller skating two weeks ago. COAL SUPPLY SHORT. Local coal dealers have been shy on coal for the past week and one dealer was out Tuesday. The supply of coal has been reduced to less than half the normal supply.

IllI I An organized effort is under way at Lockney, Texas, to secure the extension of the Altus, Lubbock Roswell railway. A bonus will be raised and Mrs. H. T. Anthony, of Pecos, is visiting her parents, judge and Mrs.

J. D. Martin. II. Smith, of Fort Stockton, is in Alpine.

Joseph Renson is i-n town from his Pecos county ranch. Mr. and Mrs. Everett Townsend are back from a visit to San Antonio. Frank Rooney, of Marathon, has been visiting in Alpine.

L. S. Rechtol has left for a short trip to Alma, N. M. Miss Sadie Crawford has returned to her school in Presidio county.

D. B. Hornbeck of Elgin, 111., the gtiest of Miss Moran. Mr. and Mrs.

J. R. Spence have left for their new home in Sulphur Springs, Texas. Mrs. W.

H. Lease and Mrs. M. Jordan attended the funeral of their mother, Mrs. Delia Dowe, in Marathon.

MAINE ELECTS REPUBLICAN TO UNITED STATES SENATE Augusta, Maine, Jan. 15. congressman Edward C. Rurleigh, Republican, was elected United States senator by the Maine legislature in joint session today. Medicine for Children.

Too much care cannot be usert in selecting a cough medicine for children. It should be pleasant to take, contain no harmful substance and be most effectual. Cough Remedy meets these requirements and is a favorite with the mothers of young children everywhere. For sale by all Out the Old Bring in the Everywhere that men labor in office, store, shop or on the farm, we see the rapidly increasing use of machinery that does away with hard drudgery. Why should women continue to wear the crown of household of CARRYING COAL AND ASHES? The Gas Range will rid the house of this slavery.

Phone 3398 and our solicitor is at your service. El Paso Gas Electric Company Phone 3398 425 North Oregon Street..

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About El Paso Herald Archive

Pages Available:
176,279
Years Available:
1896-1931