New-York Tribune from New York, New York • Page 5

THIRD AVENUES DEBT. DETAILS OF THE LATEST PLAN FO TAKING IT UP. rp.i not THE new SYNDICATE NOT TET INCOME AND FIXED CHARGES. Careful inquiry yesterday failed to disclose the identity of the "syndicate of eminent bankera" mentioned by William H. Curtlss, treasurer of the Third Avenue Railroad Company, as havinjr entered into an agreement with him to furnish many millions of money to his company, ar.d the best Information obtainable was to the effect that not only had no agreement been actually signed, but that even the completion of the syndicate for taking care of the railroad company's big unsecured debt was dependent upon the result o' an examination not yet finished by Vermilye Co.

The outline published in yesterday's Tribune of the reported tentative plan for financing the Third Avenue debt was ascertained yesterday to have substantially accurate, as Is shown by the following form of subscription blank was issued yesterday: Messrs. Vfrrallye New-York City Dear We understand that you and your a aa but? ut t0 form a syndicate to purchase KXSOQ.nOO of the of tne Third Avenue Rail" IZ. for years from the date thereof, to bear Interest at the rare of 5 per erst, ar.d be pay at the option of the at the eno of a year and a. half; such notes a nr mort sage upon all the properts 01 the rahroad company, upon which there now only a mortgage of 100,000 and rarjh proposed rst mortgage shall also cover the BeccriUea at the subsidiary cr allied companies now owned the hird Avenue Railroad ln ih( stocks cf the Union Railway Compary but I.TVuI shares of the capital stock of Dry Dork. East Broadway and Battery Railroad company; the stock of the New-York White Plains siid Mamaroneck road, of the Yonkers Railroad Corr.panv.

and more than two-thirds of the Btock-of the Street. ar.d Nicholas Avenue Railroad Company. Bald notes are to be sold oy the company at i.r.d tr.e syndicate mar.azers are to be paid by the Daxpaay 1 pr cent of the face value of the same for forming- and managing said Eradicate, it also proposed, before the "maturity of the notes, to issue first consolidated mortgage cf the Thiri Avenue Railroad Company, secured by a mortgage upon all the property of the company now or hereafter to be acquired by it. in form to roved by the syndicate manscers. 5n amounts to pay of rotes mO.iiOO prior lien bonds above to.

which consolidated bonds are to be offered tor sale by the syndicate managers, and the rorr.m:«<?ion cf per cent thereon paid by the railroad company 10 the managers of the syndicate for thEir service? Jr. making public issue of said hoods at a price to be fixed by the company, of which per cent 1 cent is to be retained by the syndlrcte manajr-rs as compensation for their Individual frrvtccs. The said notes shall contain a provision entitling the hoMer thereof to a prior right to subscribe for 58-id consolidated bonds. provided the syndicate rsanaiers are notified within three days after their public advertisement offering the same for sale of wish of the noteholder to so subscribe. Payments for said notes are to be made by us in such and at guch times as the syndicate may determine.

The effect of this arrancernent is that the shall receive the rotes of the Third Avenue Railroad Company, as above stated, at S6 to them, and in addition thereto shall also receive 4 per cent and the part of the consolidated bonds of the Third Avenue Railroad frTnpany. when issued by you and your association, in such proportions as their subscription shall bear to the total amount of bonds so to be issued. In consideration of the formation by you of a pyr.dicate for the above described purposes. In acccrr.ance with the terms of contract dated the day of February. LBOQ to which reference is hereby the undersigned agree severally to subscribe for the amount of said notes set opposite to their respective names, and to pay for the same at such times and in such instalments as they Eav be called upon by you: moneys to paid to a trust company to be designated by the syndicate nanagers.

AN INTERESTING PROVISION. An Interesting provision of the above form. it will be noted, gives the note holders "a prior right to subscribe for said consolidated bonds." and. It was learned yesterday upon excellent authority that Howard P. Frothlngham, who places most of the time and call loans of the backs and trust companies on the Stock had visited many of the Third Avenue creditors with the object of getting them to agree to exchange their notes for bonds, but that he found few favorable responses.

Five per cent yearly Interest or, the $22,500,000 BOCS) Issue would be equivalent to an annual fixed charge of (1425.000, in addition to the 5250.000 represented by the 5 per cent interest on the 50.000,000 of outstanding bonds, a total of 51.375,000 $27,500,000. The total net income of the Third Avenue Railroad Company and the controlled by it, as shown by the latest arnual reports of the several lines, and excluding the £250.000 interest on the Third Avenue's funded debt, is about 1.230.000. This Ehowing is not entirely accurate, for the Third Avenue ompany does not own the entire capital stock cf the Forty-seeond-st. road. The total deficiency of that line for the year ended June 30, was 5128,062, so that, assuming that the Third Avenue owns only two-thirds of its stock, may be added to the total annual net income of the Third Avenue system, making that jus 51.2D2.000, as against total fixed charge? of $1375.000.

It be assumed that trith the completion cf the electrical equipment of the whole system its earning power will be materially increased, but. according to observers, fully $7,000,000 more must be expended on improvements before the company will in a position to earn anything, and another f5.000.000 will fee needed for the completion of the great new power house and for other purposes. Besides the unsecured which at last accounts was admitted to be (17.500,000, it said there are unfunded obligations, which, however, are secured by collateral, amounting to more than 54.000.000* these two the debt to take up which the $22,500,000 note issue is proposed. Mr. Curtiss in his meat said that he had made arrangements with "other parties who will tarnish to the company the sum of (7.000.000 additional." This sum corresponds with the estimate already mentioned of the amount required Cor immediate further work on the Third Aver.v» company's iines.

and it is understood in Wai: that it was proposed to raise it by a salr- cf $8,000,000 treasury stock at par less 10 ptr rent commission. The law does not permit the issuing of new stock at tarn than par. and there Ifl good ar-thority for saying that the cf the interested parties are not at all sure that the issuing- of new Third Avenue stock to at par less 10 per cent commission would not be illegal. SEVERAL CONFERENCES HELD. It was admitted late in the afternoon that several conferences had taken place in the day between of the largest stockholders of the ad and representatives of the projected syndicate These conferences, so far as could be earned, developed nothing of public interest, and r.o further information of a formal or official character was givn out by either side.

It is a Eirnifira-st fact that one of the banking houses which on Tuesday had by Its silence conveyed the impression that It would be a member of the THE WASHINGTON OF WHISKIES. honestly Hade, Honestly Hatured, Honestiv Sold. Old Crow Rye. A true Hand-made sour Kentucky Whiskey. TOR SALE BY ALL RRST-CLaSS DEALERS.

a. B. SCi-xOs: IT. with Third 1 connection yar when yesterday 11 he that Mr Rv. Mr statement the MetroiSm Mr raland nue.lniwSd aUltUde toward Ay ran rOlr 01 1185 11 "tatementthat Mr.

wd Procure a guarantee of the Third MkMr Dy the Metropolitan company. I fair? Kan has effectually exploded that SSr he 8 ln morning; who th bankers are that are the Thlr77 Ute the new to finance Third Avenue property the nOt saw in a morning paper a list of 1 8 gentlemen who. it is said, attended Tatiny fOr the ur ose of cr OIU a not at his office tfot but one of his representatives denied the statement of Mr. Curtlss that Mr. Morgan had offered to effect a reorganization of the property on condition that the stockholders should consent to a lease In perpetuity at 4 per cent to the Metropolitan Street Railway Company.

James R. Keene. who is now one of the leading stockholders of the Third Avenue company, could not be seen yesterday. Alvln W. Krech, secretary of the Creditors Protective Committee, and Adrian H.

Joline. Its counsel, said yesterday afternoon that the committee nad not yet taken any measures of public interest. F. F. Olcott.

a member of the committee, was quoted as saying the same thing, and adding, in answer to a question about the dividend policy tne Third Avenue company's management: "If I had a company which pay Its debts I wouldn't expect It to pay dividends. However, as 1 per cent Is only a matter of yiGO.OOO. I suppose the company considers it worth while to pay merely a reassurance to the financial world and In order to make the stock good with life insurance companies and other corcerns as security for money." John Beaver, assistant treasurer and auditor of the Third Avenue Railway Company, denied yesterday the statement Imputed to him on Tuesday that he had not resigned as treasurer of the company. "In point of fact." he said. "I resigned as treasurer on the day Mr.

Curtisa was appointed by the directors to that office. The Board immediately on the appointment of Mr. appointed me assistant treasurer and auditor, and I am performing these duties in the service of the company." Third Avenue stock did not go above 94 yesterday, and eloped at the bottom. a net loss for the day of 2 1 per cent. BUYERS LISTEN TO THE GOTERXOR.

THE ASSOCIATION DINES AT SHERRTS, ami hap A VAUDEVILLE ENTERTAINMENT. Buyers' Association of America, which Is composed of seven hundred buyers, who purchase for the department stores throughout the United States, held Its second annual entertainment and reception last night at Sherry's. About eighteen hundred guests were present. Including representatives of all the big mercantile establishments of the Eastern States. Among those present were James McCreery.

Louis Stern. Nathan Straus, Henry Siegel. Robert C. Ogden and Lyman G. Bloomingdale.

all of this city. The most important feature of the evening was an address by Governor Roosevelt, who was introduce by Congressman Lucius N. Llttauer. of Gloversville. The Governor was late in arriving, having attended both the Press Club and Harvard Club dinners.

His address was the only one made. The Governor said in part: It seems to me that in public as well as in private life a useful man must be in possession of a lot of the sane qualities that fro 10 make up a successful buyer. The buyer must be a square man. A crooked man will get along: well for 3 while, but you know the old saying: The first time I am fooled by my neighbor it is his fault; the second time It is my We need men to-day who are more titan simply straight men. Among those who participated 'n the vandeville performance which followed were Lillian Russell, Marie Walnwrlght.

Sidney Drew and wife. Virginia Earle. George W. Day. Etta Butler, the Misses Leach.

George Evans and O. K. Sato. Miss Wainwright recited Kipling's "Absent Minded Beggar." The purpose of the entertainment was to raise funds to establish a permanent headquarters for the association in New-York and to form the nucleus at a fund for buyers in distress. STATE COMMITTEE MEETS Td-MORROW.

REPUBLICAN CONVENTION MAT BE HELD IX THIS CITY IN APRIL. Republican State Committee will meet in Parlor DR of the Fifth Avenue Hotel at noon tomorrow, to name time and place for the next meeting of the Republican State Convention. At the headquarters of the State Committee yesterday it was said that Chairman Odell probably would be in the city this evening, and that many of the other members of the committee might come to the city about the same time. Senator Plait is not expected to attend the meeting of the committee. Several of the city members of the committee have said they think the Republican State Convention will be called to meet in this city about the middle of April.

T.i'HT CLUB'S DIXXER. COMMODORE POSTLEY 'WILL LEAD THE FLEET IX HIS NEW STEAM YACHT COLONIA. The annual meeting, dinner and election of officers of the Larchmont Yacht Club was held last night at Delmonico's. Clarence A. Postley, commodore or the club, presided.

The attendance was large, as several Important matters were scheduled for settlement. The election of officers resulted as follows: Clarence A. Postley, commodore: Edward S. Hatch, vice-commodore: Philip T. Dodge, rear commodore: A.

Bryan Alley, secretary: William Murray, treasurer: John Hyslop, measurer: Augustin Monroe and Oswald Sanderson, trustees for three years. This will be the first season that a steam yacht has been flagship of the Lar--hmont fleet. Last year Commodore Poatley the fleet with the schooner Colonla. He soi.i her to Commodore Ledyard of the New-York Yacht ''lub and bought the Alberta, whose name he chanced to Colonla. with the Government's permission.

The oid Colonia is now the Corona. When the proposed changes in racing rules were taken up It was found that the recommendations of Chairman John F. Lovejoy of the Regatta Committee had but little opposition. Amendments to bylaws and constitution were adopted by which the officers of the United States Vavy who become members of the club shall not be liable for dues. They will be charged an Initiation fee of $3.

It was also decided to change the bylaws making the yearly dues 550 payable annually or senrii-annually. If a member be absent from the United States an entire fiscal year his dues shall be suspended In the future. The entire collection of prizes won by the various members of the ciub at regattas of the season Just passed, some one hundre-1 and seventy-five pieces of silver ln all, was on exhibition. Much admiration for was expressed. THE QOYERXOR'B VIZ IT.

TO GO TO BUFFALO THIS MAT MEET MR. PLATT HERE NEXT WEEK. Governor Roosevelt arrived in this city from Albany at 1:30 p. m. yesterday and spent part of the afternoon at the publishing house of Charles Sons.

About 3 p. m. he went into the Fifth Avenue Hotel. He found nobody at the headquarters of the Republican State Committee, and he went into the barber shop and was shaved. To newspaper men at the hotel he said hie visit to the city had no political significance.

He had come to the city to attend some dinners and to talk with his publishers. He expected to stay overnight at the home at Douglas Robinson. In and start for Buffalo this morning on the Empire State Express. He Is to speak before the Saturn Club in Buffalo this evening, and he expects to return to Albany to-morrow morning The Governor said yesterday that he might meet Senator Platt and Chairman Odell of the Republican State Committee the latter part of next week In this city. He said, however, that he had no agreement to meet them.

MISS KRUSSXER DUE FROM KIMBERLEY. Miss Amalla Kusaner, the well known miniature painter, who has done work for several of the crowned heads of Europe, Is expected to arrive here to-day from Liverpool on the White Star liner Teutonic. Miss Kuesner waa recently in Klmberlev. South Africa, her visit there being for the purpdee of painting a miniature, of Cecil Rhodes. She finished her commission and left Klmberley before the place was besieged.

Jf.4.\T FISTIC STARS AT BEXEFIT. A benefit was tendered to George Dixon, the- colored boxer, who for many years was the feather weight champion, at the Broadway Athletic Club last night. a number of clever boxers gave of their ability. Among who sparred were Frank Erne, champion of the world; "Tom" Bharkey. -Bob Ancstronar, sr Kid' McCoy.

Choynakl. -Jim" D'AIET TKIBtnS'E, THURSDAY. FEBRUARY 22, 19O0T and In only one bout was i decision given. It was In the. fight between George McFadden and "Bob" Gormly.

The latter was knocked out in the sixth round. OBITUARY. DR. LESLIE E. KEELET.

Los Angeles. Feb. Dr. Leslie E. Keeley.

the Inventor of the Keeley cure for the liquor habit, died In this city to-day from heart disease. He had been 111 with a severe cold for two days, but nothing serious was feared from H. This morning while going to his bathroom he had an attack of heart failure, but recovered, and later said there was nothing serious the matter with him. Dr. Westhughes.

a specialist ln heart diseases, was summoned, but before he reached the house Dr. Keeley had a second attack and died. was fifty-eight years of age. He left fl 000 000 bUt ehndren Hts estate Is valued at The body will ultimately be taken to Dwight. 111..

for burial, but as yet no arrangements for the funeral have been made. Mr. Keeley had been In Southern California for two winters. Dr. Leslie E.

Keeley. known as the discoverer of the so-called "gold cure" for inebriety, was born ln St. Lawrence County. N. in 1536.

In early life he removed to Michigan, and ln 1863 he was graduated from the Rush Medical College, at Chicago. He served as a surgeon of United States volunteers ln the Civil War. Dr. Keeley settled in Dwight. 111..

In the latter part of In IST9 he announced that he had discovered "in gold as a chloride" a cure for the alcohol and opium habits, and the spring of 1880 he opened an Institute in Dwight for the cure of these diseases. A company was formed, and branches Known aa "Keeley Institutes" were established in various parts of the United States. It was asserted that up to the end of 1893. when the "cure" had its widest vogue, of over two hundred thousand cured only per cent had relapsed. The medicine and mode of treatment employed in the Keeley cure are secret, and the regular medical profession has not accepted the claims for It with favor.

Published analyses have stated that no gold salt is contained in the solutions. Dr. iveeley was the author of 'The Morphine Eater; or. From Bondage to Freedom" (1881 and numerous articles on his "cure." DR. CHARLES PIAZZI SMYTH.

London, Feb. Dr. Charles Plazzi Smyth, for forty-three years Astronomer Royal for Scotland, is dead. Dr. Smyth was born at Naples in 1819.

He was the second of three sons of Admiral Smyth. He was educated in England and began his astronomical service at the Royal Observatory, Cape of Good Hope. In 1835. Subsequently he assisted in the remeasurement of La Callle's South African arc of the meridian. In 1845 he was appointed to succeed Thomns Henderson in the Royal Observatory at Edinburgh, as Astronomer Royal for Scotland, from which position he retired on a pension ln 1888.

CHARLES C. COMSTOCK. Grand Feh 1 C. died at his r.ie-ht from pneumonia, eighty-two year imstock. who was born in Sullivan.

N. was the Democn I for Governor ta 18TL was one of 1 manufacturers of Grand Rapids, and had iarse fortune. JOHN R. GOULD. Baltimore.

Feb. The funeral took place here to-day of John R. Gould, a Mexican War veteran who enjoyed the distil ction of having published the first English newspaper on the Pacific Coast. and was for many years a well known citizen of Baltimore. In 1843 he enlisted in the United States Navy and went with Commodore Stockton to California.

The Commodore desirei! to publish an Erglish paper at Monterey. He appointed the Rev. Walter Cotton editor and Mr. Gouid printer. For six months Mr.

Gould set the type for "The Califomian" and worked oft papers on a hanilpress of antiquated pattern. In 1547 Mr. Gould returned to Baltimore. He was for years identified with the ens-twise shipping interest? of Baltimore, in connection with the Cromwell Steamship Line, the Charleston Line, th" Havana Sto.imshlp Lin-. the Savannah Line and the Boston Line, which succeeded It.

HENRY R. HAZLEHURST Baltimore, Feb. 21 Henry R. Hazlchurst. a prominent civil engineer, tiled at the home of his son here to-day.

He was born in England in 1815. When four yean old he was brought by bis TO rmintry. la of his father he entered the service of the Baltimore and Ohio Railroad, in the engineering department- After leaving the service of the Baltimore and Ohio Railroad he established a business in Cumberland. where he live.i for thirteen years. He afterward moved to Baltimore, where, in connection with late James Murray, he formed the firm of Hurray Hazlehurst in 18.V).

and established a large plant for the construction of marine engines and similar work. He left three children. CHARLES FRIES. Charles Fries, for many years a successful chemical manufacturer, with a store at No. 32 Rearle- died yesterday at his home, No.

Is West after an Illness of more than a year. He was born in Bavaria in 1813 and came to this country in 1849, and engaged in the manufacture of chemi -als. Ue was a director in the Quicksilver Minlnrj Company and corporations. He leaves two LUghters and three sons. The funeral will take place it tre house to-morrow morning at 9:50.

I. Albert Englehart will make an address. ALEXANDER HUDNUT. The death of Alexander Hudnut. for twenty-five years proprietor of a pharmacy at Broadway and is in a dispatch from Brighton.

England. He was about seventy years old. and for several years had suffered from a complication of diseases. In ISSO, after discussing terms for only half an hour, he soid out his stores in this city for $250,000, and decided to live In His life there was secluded as his health was not good. His children live in this country- One of his sons, the Rev.

'William -i. Hudnut. formerly of Grace Presbyterian Church, Brooklyn, accompanied by his. sister, sailed yesterday on the Oceanic for England. They will take charge of their father's body.

Mr. Hudnut started in business in 1555 in Brooklyn. After his removal to Broadway and Ann-st. he placed on the outside of the pharmacy a larze thermometer, and the newspapers for years publisher: the weather record taken from it." Mr. Hudnut sold his business to L.

Cutter. While in the drug business Mr. Hudnut lived in South Orange. HENRY DUFF TRAILL. London, Feb.

Henry Duff Traili. Editor of "Literature" ana a well known English newspaper man and author, died to-day, la 'his city, ol disease Henry iff Train was bom at Blackheath, England, on August 14, 1842. He was educated at Merchant Taylors' School and at dt. I Oxford, and was graduated A. in 1564.

He was called to the bar in In ISTI he became a journalist, contributing extensively to "The Pall Mail Gasette." The St. James? Gazette." "The Daily Telegraph." "The Saturday Review," etc. He was tne Editor of "Literature' from its beginning in October 1897. His published books make const ist. Among them were the following: "Sterne" and "Colei in "The English "8 EJarl) ir.

the "Er.g-hsr "William III." In 'Twelve English "Strafford." ln the "English Men of lives of Sir John Franklin and Lord and "The New Fiction and Other Essays or. Literary Btrbjects." From ISB3 to 1897 he was employed ir. "So-tai England a Record of the of the People." a composite work in six volumes COMMITTEE SAID TO BE SELECTED. MR. PECKHAM REPORTED TO HAVE CHOSEN CITY CLUB'S INVESTIGATORS OF CARROLL APPOINTMENT.

The City Club's Committee on Legislation held a long meeting in the clubhouse in West Thirtyfourth-st. last evening, and decided to approve several bills now before the Legislature and disapprove other bills. Statements in support of the. committee's decision will be printed and sent to members of the Legislature. It was said at the club last evening that Wheeler H.

Peckham. the president, had named a committee to investigate the recent action of Justice Fitzgerald In appointing John F. Carroll receiver for a corporation ln opposition to the wishes of counsel for the corporation. The names of the committeemen. it was said, would he withheld until it was known that they would serve ln the investigation.

STILL FIGHTING SHEER AS The antl-Sheehan men in the IXth District, led by Thomas J. Smith and Councilman Frank J. Goodwin, are active. They have the support of Richard Croker ana the entire Tammany organization in their effort to defeat John C. Sheehan as leader in the district.

At a meeting of the Horatio Seymour Club, which Is the headquarters of the ar.tl-Shaenan men, held on Tuesday night, 340 new members were enrolled Both Smith and Goodwin predict that they will defeat at March HARVARD? ANKDAL FEAST SECHETART LONG ANP GOVERNOR ROOSEVELT TALK ON PT'BLIC LIFE. PRESIDENT AND PRESIDENT HADLEY SPEAK FOR THEIR RESPECTIVE UNIVERSITIES. Secretary John D. Long of the Navy and Governor Theodore Roosevelt, both Harvard men. were certainly the central figures at the annual Harvard dinner, held In this city last night.

And it was a coincidence, worthy of note, that each of them struck the same keynote ln their speeches. Both Secretary and Governor made an earnest plea for fair play, as It were; for belief in the honesty of purpose of public men and (or a wide tolerance on the part of those who differed in opinion from such public men. Both speakers gave perhaps a personal turn to this plea. Secretary Long especially, he remarked upon the disinterestedness of his Cabinet associates, and when he made this striking remark in reference to President McKinley: It was at a Cabinet meeting only the other day that the President, In discussing some important question, said in passing: "I would rather look back upon mv four years here, nd feel that I had done right, than do a single act. about whose right I had even the slightest question, and therein make my re-election absolutely assured." And the ring in Governor Roosevelt's tones, also assumed a personal aggressiveness, when he exclaimed: When you condemn a man's policy, beware how you condemn that man's character.

Remember we can differ on all great auestlons and still be sincere. Do not Impugn false motives to those who are striving for the best, yet whose views as to policy, do not always coincide with yours! But even beyond the interest aroused by the serious remarks of these and other speakers was the brilliant sally which Secretary Long made at the Governor's expense. The Secretary bad been speaking of ideals In public life. when, with sudden, jocose twist, he turned to the Governor. who sat by his side, and with a drollery that simply brought down the house, characterized him as the public servant, "whose principles are such that he.

would rather be right than be Vicepresident!" The shout that greeted this sally could have been heard blocks away, and Governor Roosevelt laughed as heartily as the next man. WELL KNOWN MEN AT THE TABLES. The dinner, which was held in the large ballroom of the Waldorf-Astoria, was noteworthy in many ways. A uniqu" feature was the presence of Dr. Arthur T.

Hartley, the president of Yale University, occupying the place at the left of Edmund Wetmore. the president of the Harvard Club of" New-York, while President Eliot sat at his right. President Hadley was right royally greeted by the four hundred and fifty Harvard men who were present, and was welcomed with a which evidently touched and gratified him deeply. the speech which Yale's made in acknowledgement was greeted equal applause. The annual feast of the Harvard men of New-York grows larger and more jovial year by year, and the dinner last right was better than any of the thirty-three that have preceded it.

The room was a study ln crimson, with an enormous Harvard banner draped on the balcony facing the speakers. Both tier? of boxes were filled with women, frif-n-ls and guests of the Harvard men. and they took the utmost interest in the The souvenirs took tne form cf the old pump that for generations past has been a landmark in the old Harvard quadrangle at Cambridge, and the songs and cheers were all of Harvard. Many well known Harvard men of this city and Boston werv present, and at the speakers' table, in addition to those who have been mentioned, sat Edward S. Martin, who read a poem; Samuel Hill, who spoke for the Harvard clubs Of the West; the Rev.

Prescot Evarts. Albert Jutaro Komura, the Japanese Minister at Washington, a graduate of the Harvard Law School: James C. Carter ar.d Francis C. All of these men spoke. It was about I p.

m. when Edmund Wetrnore arose, and. calling the Harvard men to order, said: We have for -he time being dropped the white burden, have lnifl aside our cares of UiiWtwg States Oaushtan and to-nigrht are besporting ourselves Jovial, good sons of Harvard. This has been for Harvard a wonderful year at the close of a wonderful century. Harvard at the beginning of the century and the Harvari at the close of the hundred years show and exemplify the progress of the century.

We see in this procresa of Han the soul and genius cf the nineteenth century. Our collets and universities have grown for they have realized that it la their task to prepare our youth to win against the fierce strife and stress of modern life; and the question of wh.eth<=r a college education a youth for the business of life has heen adequately and magnificently answered. Secretary Alexander, of the Harvard Club, then a long Harvard cheer, and the whole gatherins: rose to Its and swelled the chorus of "Fair Harvard." A perfectly uproarious welcome greeteJ President Eliot when he rose to speak. The diners rose to their feet and waved and shouted their greetings. Then Governor Roosevelt leaped to the seat of his chair and led three long Harvard cheers for President Eliot.

Among other things Harvard's president said: The past has been the most prosperous year that Harvard has ever had. But what do we by word as applied to Harvard? We mean that the intellectual and spiritual elements of the institution pained in power and strength. I see the clearest evider.ee perhaps of this when I face such an assemblage as this, including the leading men in all honorable walks of life. It is an especial pleasure for me to-night to welcome the young- president of Yale University. (Cheers for I bid him welcome to a nobie pursuit: to a position the like of which exists in r.o other country than (tun to-day.

I may also be permitted to say that I welcome Dr. Hartley to a chase that may be long. (Laughter.) In the early half of this century Harvard was in the In the latter half Harvard has fore ahead, and President Hadley must now undertake the stern chase, which must be. a long chase. In speaking of Harvard mcii in public life.

President Eliot paid tribute to Secretary Long and Governor Roosevelt, who sat at his right; to Leonard Wood, Governor-General of Cuba, and to General Otis, who, said Dr. "performed perhaps the bravest act of any soldier in the Philippines that of altering the proclamation of the President" (laughter and applause), and to "that gallant, undaunted and heroic soldier. Henry W. Lawton." (Cheers.) A HEARTY WELCOME FOR PRESIDENT HADLET. President Wetmore read a cable message of greeting from General Wood, in behalf of the Harvard Club of Havana, and more cheers resounded through the hall.

In Introducing Yale's representative Wetmore remarked: "We want to beat Yale because she is the first of our rivals the best of our friends." Three uproarious cheers for Tale and then for I Hadley were given with a will. The new president of Yale began by gracefully expressing his pride at being able, from his degree of 1.L.D.. to account himself a Harvard man. He added: To me it is a great pleasure on every hand to look forward to a growing friendship between Yale and Harvard. This food feeling will grow stronger in the future.

The time Is past when a college must strive to increase the number of it 9 students, and so the competition of the future must be of quality and not of quantity. President Hadlev paid the most glowing tributes to several well known Harvard graduates, and in closing aroused loud cheers by his eulogy of President Eliot, of whom he said: 'He la too large a man for even Harvard to monopolize. I wish to propose to you the health of President Eliot, who by his work, his example, his thought and his fearlessness has given every American educational institution the right to claim him." The toast was drunk standing. Secretary Long made a capital speech, its wit and seriousness happily mingled. He said, in response to a tribute which President Wetmore pai.i to him as the 'guiding: rnlnd leading to the victory at Manila: I am very glad that President Wetmore has at last done justice to modest merit and pointed out "the man behind the I was ten thousand miles behind the gun at Manila, and If there had been any danger I should probably have been five thousand miles more.

I have been alluded to as the Secretary of the but I should prefer to be known by my title of "Doctor." Oh. yes! I have the title, and President Eliot conferred It upon me. Just because happened to be Governor of Massachusetts. (Laughter.) At some Harvard dinners It has been the habit to digress upon the decadence of our public men (Laughter.) We with President Eliot that this has been the most prosperous year of our existence, and with four years more of it Harvard will be receiving bequests of a year instead of half that amount. (Great laughter At a dinner like this, with all due respect to the surcharged eloquence about me.

It seems to me that speech Is not only silver, tut thoroughly discredited as silver is at the present time. (Laughter.) GENTLE GIBES AT ROOSEVELT. Secretary Long took occasion to "guy" Governor Roosevelt. Jay assistant In the be said, "who made my. sleepless In my to curb his restlessness and his resolve to embroil us in war with England.

Japan and all the other countries of the globe." The Secretary likened Roosevelt to Alexander, weeping lest there be no more worlds for him to conquer. "Roosevelt left the Navy." said the speaker, "to brave the Florida mosquitoes and the beef that helped the Army brave the rigors of Santiago." (Great laughter and applause.) The Secretary then gave a diverting picture of one of the future aspects of expansion, adding: And the time will come when the dusky Filipinos will have learned to cheer their Alma Mater, Harvard, r.nd to bless the Stars and Stripes under which they live. I have heard much talk of Ideals in public life and the lack of ideals, the lack of public spirited men. I tell you. gentlemen, the ranks of public life are full of men with the highest ideals.

Why you pick out the worst men in public life and designate them as the type of the public man. any more than you pick out the trickiest lawyer, the preacher of the greatest sham or the newspaper of the heaviest yellow streak? and declare that they are the fair types of their kind? Our public life. I tell you. is full of men of Ideals. And then, with Irresistible drollery, the Secretary laid his hand on the Governor's shoulder and characterized him as the public man "whose principles are such that he would rather be than be Vice-President." Secretary Long spoke of the public of his own associates in the Cabinet and of President McKinley.

to whom he attributed the remarks quoted In the opening paragraph of this account. Governor Roosevelt was greeted with a good deal of applause, and he spoke with Mb usual earnestness. He paid a high tribute to Judge TaTt and to President McKlnley's wisdom In appointing him at the head of the new Philippine Commission- Of Secretary Long he said: "It was an eiucation in honest statesmanship to serve under a man who not only did not feel but was Incapahle of feelins anything but disinterestedness In public life." The Governor thanked President Eliot for what he had done for him. and said: I want him to come to Albany to see the wheels go around, to show him the men whom I have appointed to office and to let him and every one what I have done or left undone throughout my term of office. I don't believe in preacning at a dinne-.

but I should like to preach on the Eighth and Ninth Commandments. The first applies politicians: "Thou shalr not steal." and the second to critics of politicians: "Thou shalt not bear false witness against thy neighbor." Almost as much harm can be done by demanding the impossible as by failing to come anywhere near to the standard wt have set for oursrlves. Ar.d when we try to do our best, we ask you to hold up our hands. But give to public men the of free thought, which you give to private men. When you condemn a man's policy beware how you condemn that mar.

character. Remember we can differ on all great questions and yer he sincere. There can be no man in the country who can be more in favor of the single gold standard than I rm. yet I canrot characterize dishonest the man who believes in bimetallism or silver. BENJAMIN WoOD DEAD.

EDITOR CHIEF OWSEM "THi: 1.A11.Y NEWS" CLOSES A LONG CAREER. Benjamin Wood, Editor and chief owner of "The Mew-York Daiiy News." died soon after noon yesterday in his home, in the Fifth Avenue Hotel. He had been feeble from advanced age for three or four years, and since his return from Europe on March 9. lSf-9. he has been confined to his apartments in the hotel.

For many weeks he had been growing weaker. His end was peaceful. Mr. Wood was born bo Shelbyvtlle. on October 13.

ISM. He was the youngest of three brothers, Henry. Fernando and Benjamin, and was of Quaker descent. Fernando and Benjamin 'Wood came to this city as young men. and both became prominent aa Democratic politicians of the city.

Fernando Wood was Mayor of New-York City at one time ar.d was elected to Congress. Benjamin Wood was elected to Congress In the Hid New-York District in lSeo, and was re-elected In His opposition to the Civil War was expressed in several speeches in Congress, and he argued against the subjugation of the South, while declaring hi? devotion to the Union. A resolution was passed In Congress direct- Ing the Judiciary Committee to Investigate a report that Mr. Wood "had been engaged in communicating or attempting to communicate. Important Intelligence to the rebels la arms against the Government." Mr.

Wood arose and said: "I hope the resolution Win be adopt-d. irid I ii to thank the Government for giving me what they have denied so many others, namely, an opportunity to be heard." The investigation was not pressed, although Mr. Wood made repeated demands for a full Investigation. In Mr. Wood purchased "The New-York Daily News." which had been founded In It was a morning Deirocratic newspaper at the time.

On account of articles ln opposition to the war the newspaper was suppressed by the Government, but in the publication of the newspaper was resumed Mr. Wood was under suspicion and was watched closely by Government officials, and at one time he narrowly escaped arrest on account of arricie: published in the newspaper. His refusal to raise the American Bag on "The Daily News" building at one lime nearly tc a riot. In the Draft Riots oi 1363, when the mob attacked The Tribune bui'-ling. some of the rioters made a demonstration against "The Times," but Mr.

Wood flourished a revolver in -he doorway and told them to away. On April 19, Mr. Wood started the evening edition of the newspaper, which had a long career of prosperity. Mr. 'Wood was married twice.

His Ural wife, r.n died in 1549. was the mother of two sons, one of whom, Dr. Benjamin Wood, of this city, is now living. He was then married, on October 25. to Miss Ida E.

W. daughter of Henry T. Mayrield. of Louisiana, and granddaughter of John Robert Crawford. By her he had one daughter.

Err.zna. who. with her mother, survives him. For a long term of years the family have made their home at the Fifth Avenue Hotel. Mr.

Wood was a man of powerful muscular development and strong constitution. In early life he was supercargo on a trading vessel which made trips to the West Indies and Central America, an.l as one of a company of moss gatherers be explored the swamps and bayous of Louisiana, Before he became prominent in politics and Journalism In this city he was connected with a well known lottery company. For years he had a marked fondness for playing cards. He was a skilful player, aad was particularly fond of playing for high stakes. He was a rgember of the Manhattan Club and of the Press Ciib.

William L. Brown has been associated for years with Mr. Wood in the management of "The Daily News." and ln recent years, owing to the falling" health of Mr. Wood. Colonel Brown has had almost the entire responsibility for the newspaper.

Colonel Brown said last nlglit that he was unable to say whether Mr. Wood's death would lead to any changes In the conduct of "The Daily News." but so far as he could Judge at the present moment he thought not. As to the value of Mr. Wood's estate or as to what would be Its probable disposition, he said he had not the least knowledge. THE BROWXIXGB REPORTED RECONCILED.

RE LTVCfG GETHER IN VENICE. It has been reported that Robert Barrett Brown- Ing and wife, formerly Miss Fannie Coddington, of this city, have become reconciled after years of estrangement. Mr Browning Is an artist, and the son of Robert and Elizabeth Barrett Browning. Since their separation Mrs. Browning has been living in this city and has been active the charity work connected with Grace Church, especially that part of It connected with the misston In East Fourteenth-st.

It Is said that the reconciliation followed a chance meeting abroad, and that they are now living in the palace of Mr. Browning's father. Rezzonteo, on rhe Grand Canal, at Venice. CHARGED WITH CRUELTY TO BOYS. TOXKERS JEWELLER SAID TO HAVE MADE THEM rt'lHT TILL THEY DROP" Allen Isaacs, who keeps a small jewelry store ln Yonkers, was arrested yesterday on a charge of cruelty to two boys.

Percy Burkhardt and Ellsworth Worsley. They allege that Isaacs and another man carried them Into a room hack of the store, and, giving boxlrg gloves, told them to fight. They refused, and Ray their heads were bumped together and beaten until they consented to tight. Then they were kept at it until they dropped exhausted. Both had blackened eyes and were out.

and it Is thought the Hurkhardt boy's nose Is broken. Isaacs denied forced the boys to fight. He was held under ball for examination. 1 AXDREW CAKXEGIE, MARRIED. Cincinnati.

Feb. The marriage of Miss Bertha Bherlock, daughter of the late Thomas and Nancy Sherlock, to Andrew Carnegie, of Ptttsburg. son of Mrs. Lucy Carnegie and nephew of Andrew Carnegie, was solemnized this afternoon at 4 o'clock it; the Calvary Church at CUfton. The rector of the church, the Rev Edwin Small, officiated.

Owing to the recent death of the bride's mother the ceremony was simple, and was performed In the presence of only the Immediate families. The bride was attended by her little niece, Grace Probaaco. daughter of Mr. and Mrs. Henry Probaaco.

Mr. and Mra Carnegie started to-night to spend uxiir boneymooo In Southern California. THE PRESS CLUB'S DINNER. GENERAL MILES. GOVERNOR ROOSEVELT CONGRESSMAN SHAFBOTH AND OTHERS SPEAK.

of the brightest nr.A arr't pleasurable ners that been given thw winter hi York was rhe annual festrve gathering of the Xew- York Press Club, held last night at Delmodco's. Nearly five members and guests. latter Including cf prominence In the and professions of this city present. For their entertainment an unusually attractive programme of voca! ffiiMic was provided. Slzaor G.

Campanarl a HJ of the Metro- Dnllran House, sarjp. the Hoyt sisters gave a duet and ar.d whistled her way into the favor of the diners. Another feature of the night was the carrying Into the rooss a floral bower. It was placed upon one tables, and. falling apart, there stepped from It little Madeline Summers, the clever child, cow appear in "Deri-Kur." Amid the heartiest applause of -very cne mv.

a short skirt danseai upon the table. During the evening a cable esaw patch was Sir Thomas Llptoo. who sent his cordial to friends of the York prfsa and stated that, though he could not be with them In person, he was with theaa fca spirit. With Colonel William S. Brown, the "president of the club, at the head table were Archbishop Corrlsan.

Major-General A. f'ensressman W. W. Daly, of Congressman James M. Robinson.

Henry Jotra S. Wise. Congressman William Sulzer. R. Graffenreid.

Congressman John F. 3hafrotb, eZ Colorado; the Rev. Dr. Cornelius L. Twtng.

Raymond Edwin Markham. Joseph How. ard. and Andrew McLean. In his speech of welcome to the guests.

Colose! Brown refeiied feelingly to the death of Wood, his ln the ownership of "The Dally News." Colonel Brown s.aoke witn so much enwtion that his words could not be heard at a distance of more than a few feet away. GENERAL MILES PRAISES THE PKZS3. Major-Genera! Miles was the first regular speaker of the evenir.T. In part he said: The power of for good cr evil baa and is one of the most potent forces this mundane life of has raised some to their thrones and lost others their crowns; it has moved nations to disastrous wars and It has the whlte-wirsred messengers of peace; it his seated ministries and has them; ir has concealed wickedness aad corruption ar.d exposed fm-jd and chicanery; It approved vice and applauded virtue: it has held tiw credit of nations ln its srrasp and driven proud arrogance and designing avarice into obscurity: It has guarded th? vital of kingdoms and betrayed the confidences of trusting rulers; It has thrown the cloak of greatness about mediocrity and placed the crown of fame in the brow of nobElty: charlatanism has flourished under It 3 Influence and heroism has faded into oblivion on account of its negligence. The advocacy of universal freedom, of impartial and exact justice for all.

and of the untranimeled supremacy of civil government, has largely contributed to the grandeur, the dignity and. the of the great Rep'iolic. We hope and trust that in the coming years there will be still less policy and more probity in American Journalise: less subsidizing and 'pendence of honest conviction: that with the enlargement of circulation there shall be greater dissemination of truth; less of pessimism in the bad and more of optimism in exploiting the good; less subservience to the favored few and -e solicitude for the welfare of the fact, more earnest effort in promoting the loftiest and purest public sentiment, and the strongest defence of justice for the Individual and of the sacred rights of the people. CONGRESSMAN SHAFROTH ON THE "WAR. Congressman John F.

Shafroth. of Colorado, who spoke next, devoted himself entirely to urging 1 the obligation of the United States to offer mediation, in the South African war. Mr. Shafroth also severely criticised England's policy, but his asdience were not altogether with him in his condemnations. Frequently hisses broke out in various parts of the room, while throughout his address) was listened to in significant silence.

In the Louise) of his remarks he said: A peace treaty between the natiops was starred last summer and the third article of that treaty imposed a moral obligation upon all nattatsl to mediate between contending Powers. It seems to me In view of the conditions which exist in Sotrtii Africa that some nation should rise at least to dignity of asking that the bloodshed which la now flowing in South Africa should cease. There Is no danger of any international complications aristae; from any such action. in view of the express provisions of the third at the Treaty -a! hague: Indeed, that article expressly commands that mediation should be offered to warring 1 nations. Some people say that there should be mediation offered to Great Britain or the Transvaal Repnbllc because it was a conflict irtth a suzerain power.

But there can be as question eat earth that Great Britain has r.o more power to emstroi the internal affairs of the South African. Republic than It has of the affairs of at T'aited States. Mr. Shafroth then at some length related ths history of the South African Republic, aad. finding Bis wiy at length to the convention of 1384.

he declared that the word suzerainty" was parposely omitted from the treaty that was signed la, that year. Mr. Shafroth also read extracts from speeches delivered by Joseph Chamberlain in XSSI. ISS7 and wherein the English Colonial Secretary was quoted as admitting the Independence of the Transvaal, and declaring that a war upon the Republic would be immoral. "It seems to the spealcer continued, "that we have a duty to parform.

There is a great responsibility upon all the nations that signed the treaty of The That treaty was decided upon for the purpose of stopping war. I believe In the end that the British will succeed. The Boers canr.ot withstand the wealth of Great Britain, or the numbers of man she can throw into South Africa. Unless some nation steps in I think a God fearing people win be wiped from the face of the earth. Therefore we have a duty to perform, and that duty Is mediation between Great Britain and the South African Republic." Job E.

Hedges, responding- to the invitation, of the president, spoke next, and made a brlsTnt little address that admirably offset the seriousness of the subject chosen by the previous speaker. "This Is the most dangerous assemblage in New- York to speak before." Mr Hedges began. "One either makes a hit or becomes a burnt offering. I was touched by the gentleman who spoke last. I don't know anything about the South Africaa wax.

but there are other subjects of Importance to this community which may be referred to. Tbarat might be discussions upon the currency and pursuit of it. but I think the question la which. this country is mostly interested in to-day Is the one propounded by a Yale professor, who asserted that 90 per cent cvf the marriages ars failures. When a great thinking assemblage this gets together we don't want to pass aa evening ln humorous discussions upon such questions as the South African war, but If you discuss this question of marriage you don't have to sac stirred up about The or mediation, hni aisaa there la as mediation.

There- Is nothing ta mediate. You were either at the club or you were not. The great object of man to-day ia not to serve his country, but to find an excuse to be out at allots. I know, because I have tried it. Gentlemen, let's take a pledge together to-night.

Let those at us who are unmarried resolve t-o get married, and let those who are married forget that they have ever said they were sorry. Let us consecrate ourselves to the good of the American home and forajat South Africa." GOVERNOR ROOSEVELT HEARTX Governor Roosevelt, who had promised to ar. address, did not arrive ur.tll nearly 12:30 o'clock. as was the hour, however, more than half thai people waited to hear him. He was greeted with the greatest cordiality, and in the course or brief speech said: I wanted to have the of meeting two.

because I always like to foresatner with mat who really make tae wheels go roand. I oaly wlsi, Colonel Brown could persuade the machine that I was as good a machine poiiticlaa as he thinks I am. Occasionally I have great dtflculty In milking them think that -ray. I know that even, the press must sometimes err It does, not say exactly the same I remember recently that there appeared in on? psper two stories. headed.

"Breach B-tween Piatt and Roosevelt Now Complete." while the other one was headed. "Roosevelt Definitely Surrenders to I would have perfectly willing to have some people each article, but I would luce to have the choaa lag of the people. Here in this country the press is a power far good or evtl which can hardly be In Che widest and deepest sense of the word ysm are as much a public servant as an or public servants. has been my good fortune to be Intimately associated with nusy of your members. I have grown to respect them, and I have always found thai if I want to keep a mecret 'nvtolasls the only bxiy of men to keep It secret are- tbs newspaper men.

whom one can trust. You have gat to have courage dealing with, the machine on the one hand, ami with the gentlemen of small tnteUect. who are afraid of your dealing with the machine, on the other, la regard to woich I have to decide. I am always willing to consult even' one and any one. but after I have consulted with every one and any I will act on my own beat Judgment.

The Rev. Dr. and Congressmen Daly, Robt and Sulaer were amsoc tbs other apsakara. 5.