North Carolina Newspapers

THE WEATHER. P Fair, warmer Tuesday; Wednesday VOL. XCni NO. 309, n the Selection of Jurymen By Judge Speer FAVORITISM AND PREJUDICE Sub-Committee of the House Judicia ry Committee Hears Four Wit- ";' nesses at Savannah Trans ferred from Macon. Savannah, Ga.t Jan. 26 Members of the special Congressional commit tee which is investigating charges of official misconduct on the part' of "Fed oral Judge Emory Speer, of the South ern district of Georgia, today heard four, members of the Savannah "bar testify to alleged instances in which; they charged that the accused Jurist displayed favoritism and prejudice in the conduct of cases before himThe investigation which started last Mon day at Macon, Ga., was shifted to this city today by direction of Chairman Webb, of the Congressional commit tee. Echoes of the famous Green-Gay-nor trial presided over by Judge Speer, were heard at the morning session when Alex. A. Lawrence,1 laember of the local bar., and one of the attorneys for the defense in that ease, accused Judge Speer of having selected "convincing" jurors. He addr: ed that, in his opinion, Judge Speer never had observed the requirements of the law in the selection of a jury-; in the Green and' Gaynor case "; said Mr. Lawrence, "Judge Speer lacked the jury and kept the list. se cret until the trial opened." Mr. Law rence related a number of instances which he claimed proved conclusively that Judge Speer had been guilty of repeated misconduct in -office. Jury "Fixed Up." Cross examination of Mr. Lawrence developed the fact that he had been fined $100 for contempt of court by Judge Speer for charging the : judge with "fixing up" ; theu- special jury which tried Green- and Gaynor, - John Rourke,. Jr.,. "ciy attorney of Savannah, told the committee of idafcT iaea trip to Mt. Airy, N. C. to secure Judge S peer's signature to a mandate of the United States Circuit Court of Appeals, in which a decision by Judge ?peer was reversed. - Mr. Rourke said that Judge Speer grew very; angry and refused to sign the mandate.. "It was not signed,' said 'the witness "until Judge Speer came to Savannah three weeks later," 1 Cordon Saussy a Savannah lawyer, identified a statement, he previously had furnished R. Coltoh Lewis, spe cial examiner for the Department of Justice, concerning a. case in which he claimed that Judge Speer had taken action without jurisdiction. The last witness today was Judge A. A. Cobb, of Judge Speers counsel. He said he had represented Judge Speer in an action brought by the accused jurist to have his mother's will set aside. The witness' said that the trial judge in the case directed a verdict in favor , of Judge . Speer, and that he had charged no fee for his services. He took occasion to pay a 1 igh tribute tot what he described as 'he many good qualities of Judge t-peer. . ' It is understood that Thoma3 S. Telder. attorney general of Georgia, probably will take the stand tomor row. " REFINERS OPPOSE INCREASE Of Five Per Cent Being Asked for By The Eastern Railroads Means Bankruptcy. Washington, Jan. 26. Independent f'il refiners of the territory east of the -Mississippi river and North 'of - the hio told the Interstate Commerce Commission today that they t virtually v onid be driven out of business if the general five per cent freight" rate in: f rcase demanded by the railroads wei e granted. They said the freight tariffs figured the basis of that increase and sus-. fended by the commission pending """"6o vvjuiu mrectiy - ueneui. mc standard Oil Company at the expense 'Jhe independents. r 1 he first day of the commission's "earmg for the shippers was given 'Ver to the nfitrnleiim fndnstrv. F'W: J.'oItz..of Cleveland, traffic manager of comprising about forty independents. j;rrrsented tables calculated to-show ; iat the proposed rates discriminated against several cities where indepen :rit refiners were located. oltz said he did not cbarge that r-iey. were framed for the benefit of standard Oil Company, though "la., was the effect in many instances. Iw independent refiners. R. C. eiv. of Toledo, and T. W. Westgate, ;i titusville and L. W. Gotwals, :ep r?senting a Philadelphia refining coin Jl,ary, joined Boltz in maintaining that e proposed increase would more nl -'lpe out tne narrow margin of ' --II - i n export oil trade. They testl "p? that the tSandard Oil Company ;njoyed advantages from its pipe lines inu other sources which enabled -it ;?ontrol the market absolutely,-and iiat the price of crude oil from the 'nnsylvania fields to independents -aa risen frnm it 3n to 77 hoTroi "! Ine last ttvcntir mnt-Via -nrtfK nn "'2,oortionate advance in asles -price. ;"iurrow tne ice shippers of the 'tern tprrttriTO nil). Ik. onil iner industries will nwnnv ths mm- week8n'S Ume day by day for n7 , i i BEpUIKtffltNI!jMRtlffHEftBIIIGSl THE LAW IBiBEliillSf PRQGRAM - .. j -.. Vill Probably Be agreed Up on By Both Houses, PUflS TAKE DEFINITE SHAPE President Wilson IvTade It Clear That Nothing, in Spirit Not a Monop- - oly, Would be Barred. - Trade Commission. - Washington, Jan. 26. Plans for public hearings on the -. anti-trust leg islation programme in Congress pro bably,.: will take definite shape tomor row, when the House - Judiciary and Interstate Commerce committees 'will hold separate meetings. There! is some feeling between the committees In both, branches of Congress overj the question of .jurisdiction and it was said tonight that the House Judiciary committee probably would not coiu sent to join the hearings, which Chair man Newlands, o( the State commit tee on Interstate Commerce andjhis colleagues have suggested. J Early hearings probably will be agreed upon by .both the House com mittees. The Judiciary committee ex pects to examine soon William Draper Lewis, of the University of Pennsyl vania; Donald R.Aichberg, of; the Progressive National headquarters, and Herbert Knox Smith, former Fed eral commissioner of corporations, who have submitted requests "to be heard through jfrogressive Leader" ;Murdock. . j: . Representatives Clayton, "Floyd 'and Carjin informally conferred over the situation today in preparation for the meeting of the Judiciary committee tomorrow and some of the members of the Interstate Ccmmerce -committee of the House talked over their plans. Representative Covington, who " was not present when the other Democrats of the latter committee conferred at the White House- recent ly, called on the President today : and discussed" the Interstate. Trade - Com-J mission-Hill - v - Committee Meets Wednesday." ' . The Senate Interstate Commerce committee will meet Wednesday when the testimony of joint hearings : will be considered. ; President Wilson made it clear to day that .with respect to holding com panies the administration did j not mean to-bar anything that was! not in "nature and spirit a monopoly.? It was pointed out to the President that a wide sweeping prohibition of holding companies would - affect con cerns which had been required to or ganize subsidiary companies to com ply with certain State laws. (The President let it be known in that con nection that where a business of that kind was being carried on by practi cally the same , corporation there would be no restriction on it. With respect to the proposed inter state trade -commission the President stated it would not be an administra information. It would not supplant but supplement. It would be in the position of investigation and calling the attention of the Department of Justice to y its disclosures of the gen eral business situation, and monopo lies. In the 'formulation , also of de crees after a judgment has been ren dered by the courts, the President thinks the commission might be a val uable instrument of advice. S SPLIT HER HEAD WITH AN AXE Evidence Developed That Some known Person Probably Crim inally Assaulted Mrs. Lynch. Un- ' 1 . (Special iStar Correspondence.) . . Smithfie'ld, N. C, Jan. 26. A Johns ton county coroner's jury investigat ing the horrible murder of Mrs. Wil liam Lynch, near Wendell, developed evidence that some "unknown -person probably criminally assaulted her; and used an axe found on the premises to literally split her head .open in two directions. . The bloody axe was f bund near a saw mill camp1,-sticking in a stump; also some parts of her wearing appar el. A negro employee of another 1 saw mill camp, who has disappeared, is suspected. Shoes he left behind fit the track 61 the murderer. Wake Coroner Finds No Clue. . (Special Star Correspondence.) Raleigh, N. C, January 26. With out - getting- the slightest c,lue to . the perpetrator of the dastardly crime, Coroner Ghas. v A. 'Seapark is back from 'Wendell v where , he went to in vestigate - the murder of Mrs. William Lynch last Saturday night. - The crime - was committed at; tne Lynch home right on the Wake ; and Johnston county line. Mrs. Lyncn was : found Saturday night about 11 o'clock after an -hour's search -by her bhsband and neighbors.: 5 She had been killed with an axe and the body dragged fifty yards and hid in a brush pile. The husband had been to Wendell for the afternoonand missed hist wife when - he returned about ten o'clock Saturday night. dne. Negro Arrested. , ' ;Raleigh, N. C- Jan. 26. At Wenden tonight 'Jim Wfllson, a negro wan ar rested charged with the murderof Mrs?3Iillie Lynch Saturday He was lodged in jail, although he denied his own guilt, and alleged two other ne groes were -the guilty parties. j v Waterloo, la., Jan. 26The RUMell Lamsoft building,; one Of the largest here, was destroyed by fire Atoaay. The -loss t was estimated at ?dbu,uuu. WTLMTN"GKTO!N", N. SEVERE STORM IN High Wind Accompanied By- Snow and Rain THREE - LIVES WERE LOST Property Damaged by Wind Roofs . of . State Buildings Were Blown Off and Other Houses To tally Destroyed. Seattle, Wiash., Jan. 26. A severe storm swept the Pacific Northwest to day, snow and rain" being accompa nied by a high wind which at some places attained a velocity of 60 miles' an hour. The stor,m cm Puget sound was the most severe- recorded since" the establishment of the feather; bu reau here. The wind bfew ,60; miles at Cape Flattery and 54 mUesV an .hour kre. - v--; A portion of Eugene, Ore., was flooded by the overflow fomAmazon creek. Telephone-and telegraph lines between Portland , and Salem ,were crippled. At Salem the storm unroof ed a'portion of the State 'insane asy lum and at Baker, Ore., the court house was damaged and many houses were unroofed- At .Junction . City, Ore., the water tower supplying the city, was blown down. - More than an inch and one-half of rain had fallen at ;Portland in the last 24 hours and the excess :of.: rainfall here since January 1st, has been 5 1-3 inches. . , . , ! . Three Men Killed. Los Angeles, Cal., Jan. 26. Three men. were. drowned, a boy was. report ed "to have lost his life; many persons were driven from their Homes;: build ings were damaged, and steam and electric railway traffic, was either tied up or seriously interrupted in South ern California today as the result of rain which deluged this section in the last 24 hours. - . V. - - - The deaths , were - those of Louis Jones, a retired banker of Montecito; Hugh Spur Haven, said to be a Chi cago capitalist, drowned near Monro via, and Rico Rodiguez, who drowned near Whittier. An unidentified - boy was said torbave been swept into the Los Angeles river, v ' V. . . , , -, ; JPortenfmjles alongthe. Rio .Hon do;, near Montabello, ranches -were marooned. The Southern Pacific, the San Pedro, Los Angeles and Salt Lake and the Santa Fe railroads all suffer ed from' this deluge. 'Damage to highways in Los Ange les County alone is estimated at $500, 000. With the 'entire countryside lite rally soaking the forecast for tonight and tomorrow was for more rain. In 24 hohrs ending at 5 o'clock this af ternoon the precipitation was 4.4 inches. Train Service Crippled. San Francisco, Jan. 26. The second day of the' storm which has held the western seaboard in its grip, closed with rail transportation facilities crip pled by floods, cloud bursts, washouts, and land slides. The southern and west - regions of California received the brunt of the rain and snow laden gales. Traffic on the overland lines of the Southern Pacific had been tied up since yesterday and 200 pleasure .seeking Shriners, with 150 members of other organizations, attracted to Truckee, Cal., by a winter carnival, were marooned in the snow. Washington, Jan.-26 Former Sena tor Lyman R. Casey, 77 years old, of Jamestown, N. D., died here today of heart failure. He served from 1889 to 1893. MINERS BEGIN LEGAL BATTLE In Defense vof President Moyer of the Western - Federation Motion QuJash Indictments. to Houghton,, Mich., Jan. 26. The Western Federation of Miners today began its fight in the courts in behalf of its president, Charles H. Moyer; and its thirty odd officials and mem bers; who are under indictment here on the charge of conspiring to interr fere with non-union employees of the M16higan . copper mines. When the strike cases were called in the Houghton county circuit court, counsel Cor the Federation asfeed for time within which to . make special pleas and at the same1 time filed a mo tion to quash rtne indictments on the main grounds that the special grand jury had been illegally summoned and that Its deli Derations naa. not Deen conducted in secret in accordance with law. ; ' Judge O'Brien announced that' he would devote tomorrow afternoon to hearing (arguments on the motion. An gus W. Kerr, E. F. Legendre and A. E. McNally will appear as attorneys tor the Union and Prosecutor Anthonv Lucas and -Special Prosecutor George Ef Nichols will represent t the state. Federation lawyers are expected to renew their demand for a copy of tes timony before the grand jury. Mr. Kerr stated toaay an arxacK aiso wnuld be" made on the form of,the in dictments. After this preliminary skir mish, the next move or tne union forces ."probably will be an applica tion fnr a. chanere of venue in all the important strike cases pending. - - "Moyer, ' Hanoney ana uie oiuer , 01 ficials will be here : when they" are needed," said Mr. Kerr. The strikers who - were . indicted jointly with them today were released under-Dond to return 10 court xiexi Monday., - " Madrid,' Jan. 26. Lieut. Maxima Ramos, Spanish military aviator, was killed here today . when he - fell in his aeroplane from a considerable height. PAG IRC STATES C, T MOBNINGy Treatment Is Still Experimen tal Says iDr. Cambell BEFORE :liESlCOMMITTEE Two Out of Every Five Treatments for Internal Cancer Prove Fatal Secretary Uane Before the Committee Washington;, January 26 .Radium as a cure for cancer stili is on an ex perimental . stage, ind its use in the treatment of internal cancer results fatally "in a;:laxge percentage of cases, 'according" to. the testimony before the House Mines Committee today of Dr. William H. Campbell, director of the radium -eljnjc; of Pennsylvania .Dr. Campbell told the -committee that, so far as the deeper cancersare concern ed "we cannot tell ioday what the out come of the radiunitreatment will be." 'We can tell," he ;said. "that there is a disappearance of the tumor, that the radium causes . the disintegration of the tissue" of the. cancer, but something js, created, in that disappearance which is absorbed: by the blood and which kills my patients. -1 cannot tell, no body can tell for four or five years, lust what the result will te "How many , of your patients have died as a result of your treatment?" asked Representative Byrnes, of South Carolina. - v ? ,Dr. Campbell demurred at this, but finally said that two out of, five of the cases treated ended fatally, f He add ed that all were in cases where the disease would hay& resulted in death in a few months. without treatment Dr. Campbell said that at the pres ent price of radium, .the cost to pa tients ought not to be prohibitive. "1 can treat patients at four cents per mihgvam of radium per hour, on an in vestment and double my money in a year," he declared. v Dr.- Frances Bi Dohoghue, of Boston, urged that the committee, include in any legislation for protecting the ra dium snnnlv: "snbstiliites.for radium" He said that'.' mesthorium, h a much equally, erxecttve. 1 ' Opposed tnter:erenceb James C- Gray, general counsel for the Radium Chemical Company, told the committee that radium treatment had relieved him of cancer after sev eral ineffective operations. He oppos ed government interference with the production of radium. . - Dr. John T. Anderson, director of the hygienic laboratory, of the Unit ed States Public Health Service; de clared that the Public Health Service was in a position to take charge of the production of radium for. the bene fit of the entire country. - - Secretary of the Interior Lane told the committee that Congress should break "up the monopoly that keeps radium at a fabulously prohibitive price," and enact legislation to put the curative mineral on the market cheaply for the large number of suf ferers. He said there was no inten tion to look up the mineral or lands indefinitely but simply to get radium out for public use where it would not be in the hands of a monopoly. Secretary Lane's proposal was to divide a certain area into tracts of 360 acres, allow exclusive licenses to pros pect and if a prospector found radium, to allow him all the usual rights ex cept that the government would take 20 or 25 per cent, of the radium obr tained. He would give the govern ment absolute control over a certain definite area for the development of radium on its own initiative. Lane's Idea.v "I believe that we should not be confined to developing the ores on any single withdrawn area," said Secretary Lane. "We should say to all the pros pectors in the country, 'go out and find, these ores, the government will buy the ore from you at a reasonable compensatory price and will reduce the ores ourselves. Thus we would have all of the radium ores that might ibe discovered at our service. - ' "We have demand from the, united States hospitals for more radium than we can hope to secure in the near future. But I believe that we; should place supplies of radium, in; hospitals in cities throughout the country where it would be readily available to the greatest possible numDer 01 peoyie OUTLINE S The Western Federation of Miners began a legal battle yesterday in be half of their president, Chas. H. Moy er. A motion to guash the indictment was the first move. : " Oil refiners in the East told, the In terstate Commerce Commission that thev were onDosed'to the- 5 per cent Increase in freight rates for the East ern railroads. ' -1 : . The Interstate Commerce ? Commis sion told the Senate in their! report of the investigation of the failure of the 'Frisco system- of railroads that the financing of too .many new. roads was partly the cause of the failure. The investigation of . the acts of Judge Speer while Federal; judge for the. southern district of Georgia, by a sub-committeer from the House -Judiciary, was continued in Savannah yes terday after 1 being transferred from Macon, where the hearings began. A doctor told the House Mines com mittee that the cure of cancer by ra dium treatment was only in the experimental- stage so far and that two out of every five treatments- for inter nal cancer have proven fataL ' ' - New - York markets : ; spot . cotton quiet; middling uplands' 12.90; gulf 13.15. Money on call steady 1 3-4 to 2 per ceut; ruling rate 1 3-4 closing 1 3-4 to 2: time loans Weaker. Wheat barely steady. No. 2 red. 1.02: No. 11 Northern JJuluth 1.03 1-4. Corn bare ly steady 70 7-8. Flour steady. . Rosin quiet. Turpentine steady. ' RADIUL1 AS GAHCER CURE UNCERTAIN r- - ;? r - JANUARY 27, 1914. Trains Equipped; With Wireless Telegraph. ' "1 ' . . . .. ... . j l-RECtVIN6 STATION AT, uti ijemu V rKUH WAS EhT An- Eastern railroad,- theiackawanna, has installed a. system of wireless telegraphy on various of its express trains,: an innovation in, land transnor- -tation that is expected to prove as LticaJly.vi Important tfesjaloi stations. ine-nrsi message uy wireiess irom airan was genra'iew uays agov: The pictures show the operator sending Wireless dispatches from a train, the receiving statkra at Scranton, Pa., and the train from which the first message was flashed. - ' Where Boxing Stops and Fighting Begins "WHEN YOU TAKE THE GLOVES OFF," SAID MASSACHUSETTS' BOXING LEGISLATORS. Boston, Mass., January 26. The Massachusetts Legislature includes seven former expert boxers, some, of whom admitted they had made money in the ring, it was brought out today during a hearing on bills proposing regulations for boxing exhibitions. Representative Lewis R. Sullivan, af ter describing his own. ring experi ences, declaring that boxing produced the best tyre of citizenship. Asked when boxing ceased to be boxing and became fighting, he said: "When you take the gloves off." Representative John F. Sheehan said he won three , boxing champion ships. "Boxing teaches self-reliance, self-confidence and improves the morals," he said. " To demonstrate 0 the committee what his idea of boxing is, he volun teered to put on the gloves with some of- his colleagues - who had nad ring experience, but his offer was declin ed. NORFLEET LYON A SUICIDE Kinston Man Takes His Life in Hotel by Swallowing Poison Leaves ' No Word of Explanation. (Special Star Telegram.) Kinston, N. C, January 26. Nor- - A m fleet Lyon, about 30, a rarmer ana well connected, committed suicide in the Neuse Hotel here early today by taking poison. He is believed to nave swallowed three and one-half ounces of the, stuff. - j . " - Lyon had been drinking, it is said, and probably was Respondent. He was found in a room on tne sec ond floor at 10 o'clock and the body was warm, but when a physician ar rived the man was beyond resuscita tion. He- left no word to explain ms motive. The coroner deemed an in quest unnecessary. . -; 7 '- l - : SKULL CRUSHED BY WHEELS, OF LUMBER-LADEN WAGON. Charles Bailey Dragged Twenty-five Yards Then Instantly Killed. (Special Star Telegram.) Tarboro. TST . C. , January 26 .In a runaway accident near Tarboro today Charles Bailey, aged 35 years, was thrown from a wagon loaded with lum ber, dragged 25 yards and then hv wheels Btnntlv MUed .by the rear . wneeis crushing bis skull. , . Bailey came to this county, recently 'from Kentucky and was driving a pair of mules which he purchased Friday, SCRAN TON. 2- OPERATOR. WHICH r IR.ST nE55AG6 su ccessfi Kansas Woman to Run For Congress MRS. MURPHY ANNOUNCES CAN DIDACY ON THE PRO GRESSIVE TICKET. Gcodland, Kas., January 26. Mrs. Eva M . Murphy, of Gcodland, today announced her candidacy for Congress from the Sixth Kansas district as a Progressive. "The fact that I am a wife and a mother, I believe will aid me," said Mrs. Murphy in her announcement. "Since my children are grown and my husband is willing I have decided to be a candidate." John R. Connelly, a Democrat, now represents the Sixth district.. Mrs. Murphy is recording secretary, of the Kansas State Woman's Chris tian Temperance Union and is promi-. nent in the work of the Kansas Fed eration of Woman's Clubs. She an nounced a pledge to devote herself largely to securing an amendment to the constitution for National prohibi tion. EXPECT HAMMER TO WITHDRAW Such Is Strong Belief in-Washington Embarrassment for Friends If He Does Not. (Special Star Telegram) , Washington, D. C., January 26. Well informed North Carolinians here tonight are strong in the belief that the opposition to W. C. Hammer for district attorney for western - North Carolina has become so' strong that the Asheboro man is on the eve of with drawing from the race. , Should Mr. Hammer decade to pursue such a course, it is certain that he would re lieve a very embarrassing situation for some of his friends who have stood by him so well. Senator Overman v admitted today that he had heard of the rumors that Hammer would retire from the Tace, but said that he had heard nothing from Mr. Hammer himself as to his future course. The junior Senator said that the case had not. progressed in the least since he and Senator Sim mons took the matter up with Attorr ney General McReynoMs before Christmasv when the head of the De partment of Justice refused to send Hammer's name to the President un til after -e had had an opportunity to present the papers in the case, in cluding: the now famous- and some what., annrwm?. affidavit which. Ham- tmer was instrumental in having drawn against IS. L. Auman, 01 asueuuio.' . tn. is. said that if Hammer persists fin remaining in -the .race- for the job,r it is certain to cause an estrangement (Continued on Page Eight) ' WHOIiE SXrMJ3BBsl3;5444 REPORTS TELL OF F Investigation By Inter-State Commerce Commission , OFFICERS POCKETED The Acquisition and Financing of Toqf Many New Lines Given as One Reason. for Failure of Big Road Manipulations. Washington, Jan. 26. Financial op erations which included the acquir ment of lines tnrough syndicates which profited to the extent of more than $8,000,000, , some of which was pocketed by the road's own officers. ,are cited as among the underlying causes tor the insolvency or . tne bt. Louis & San Francisco Railroad Com pany, in a report to the Senate today, by the Interstate Commerce Commis sion on the 'Frisco lines receivership No recommendations are made by the commission, E. E. Clark, the chair man, stating in the letter of transmit tal that they were not called for m the Senate resolution directing the investigation. - , The report shows that the funded debt of the railroad May 27, 1913, when the receivership was ordered, amounted to 83.63 of the total capital liability, the total capital at that time amounting to $295,633,933.72, of which only $51,364,100 was capital stock and $244,269,833.72 was funded debt, in cluding equipment trust notes. That the interest, bearing liabilities of . the 'Frisco system exceeded the stock ' liability by 375 per cent, "and ' were wholly disproportionate when compared with the capitalization of other carriers," is asserted ' by the commission which submits figures for eight selected railroads showing tha average ratio of funded debts to capi. tal liability to 53.65 per cent. The report further declares - that the inability of the 'Frisco to meet its obligations seemed to have been ap-. parent for some time prior to the ap plication for a receivership; that strenuous efforts were made by . its officers to tide over financial . difficul ties from day to day; that money was borrowed until every avenue of assist ance was; exhausted, marketble secur ' ities;vbeing either sold or. pledged as jPV!laf oral nr viT "Hr nnmrrhia Iaquo' and that notwithstanding ' this ex- : hausted financial condition the 'Frisco sold to Speyer & Co.,; of New York, $3,000,000 of . its general lien 5 per cent bonds, a transaction which the commission declares warranted con demnation. Causes Summarized. Summarized, the commission's re port attributes . the insolvency of. the "Frisco to the following causes: ' Disproportionate capitalization. "The acquisition of new lines. . "The 'financing by the 'Frisco of the ' New Orleans, Texas & Mexico" Rail " road and other south Texas lines. "The desire for an entrance into Chicago, resulting in the assumption of heavy fixed charges in the acquisi- tion of the stock of the Chicago & Eastern Illinois "Railroad. "The sale of its securities at prices so low as to indicate a deplorably weakened credit or an extravagant ar rangement with bankers to whom large profits accrued in the purchase of the bonds -and the subsequent sale or same to the public. . "Miscelaneous causes among which are the payment of dividends upon its preferred stock in spite of its weaken ed credit and need of money. "Poor investments and expensive rentals among which are the invest- ment in the New Orleans Terminal Company, stock in the Kirby Lumber Company, and rentals paid the Craw ford. Mming Company. ,r; J Detailed description Is given of the. operations of syndicates formed to ft nance the construction of a number of lines and the sale of such proper ties to the 'Frisco ad a summary of these operations in which B. F. .Toa- kum and other officers of the 'Frisco participated is given as follows: "Oklahoma City & Western, amount paid in $2,097,043.95; profit $369,278. 82. . ; ' . "St. Louis, San Francisco -& New. Orleans, amount paid in $5,300,000; progt. $837,400. .. " - "St. Louis & Gulf, amount paid in $2,700,000; profit $1,385,969.52; "St. Louis & Oklahoma City, amount paid in $1,000,000. profit $556,150. "St. Louis, Oklahoma & Southern, $3,423.432fll5; profit $719,574.90. "Adkins Valley & Western, $3,046,-" 635 V profit $589,767.32. "New Iberia & Northern) $2,000,000; profit $500,000. . '. 'St. Louis, Brownsville & Mexico, $3,981,000; profit $3,011,928.95. "Colorado Southern, New Orleans & Pacific, amount paid in $3,000,000; profit $375,000. ;; "Total amount paid in $26,548,111. 05; profit $8,444,796.51." NEWBERN TO RALEIGH. ; , Division Superintendent Akers to be .- Transferred February 1st. , .; - Newbern, N . C . , January 2 6 . Di vision Superintendent C. W.. Akers, of the Norfolk Southern, will be trans ferred from, Newbern to Raleigh. John C. Lewis, -of Newbern, will succeed' Mr. Akers as division superintendent, with, headquarters in this city. ' For over four years Mr.. Lewis has been train master at this place, and his promotion is gratifying news to his friends in thiscity. The change will, take place Febru ary lsj;. ; . . ; .. WASHINGTON A8 A MASON.. " Memorial to be' Erected . to Country's First President. ; Alexandria, Va., Jan. 26. The mem ory of 'Washington the Mason", is to be perpetuated by the erection of a -permanent temple here. Plans for the memorial are to be outlined at a meeting here ebruary 22nd of the George . Washington Masonic Memo rial Association, at which-many grand jurisdictions throughout ; the country will be represented. v FRISCO ailuhe 11 V I 1; X. -' t i .