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RAIN AND COLDER.
VOL. XVIII, NO. 32,
ASHEVILLE, N. C, THURSDAY AFTERNOON, MARCH 20, 1913.
PRICE THREE CENTS
ATYMTUAT.
ft&LD BY POLICE
MRS. EATON FACES
F
CHARGE 0
MURDER
Death of Famous Officer Due
to Arsenical Poison, Re
ports Chemist Who
Made Analysis.
WOMAN COMMITTED TO
JAIL WITHOUT BOND
Hearing Set for March 28
Authorities Unable to Find
Where Poison Was
Obtained.
Militants Apply
Torch to Mansion
POSTMASTERS ARE AUSTRIA PRESSING
QUITTING JORS WAR TO A CRISIS
Department Is Flooded with Permptory Demands on Monte-
Resignation from Fourth
Class Offices.
negro Sustained by Dis
patch of Fleet. :
Suffragettes Burn Down Residence of Lady. White, Widow
of the "Hero of Lady smith," and Fire Golf
Club Building Loss Is Heavy.
By Associated Press.
Bingham, Mass., March 20. Mrs.
Ka ton, widow of Rear Admiral Jos.
G. Eaton, was arrested here toady
i barged with the murder of her hus
IhiimI. S!ie was a- witness today at
the secret inquest into tier husband's
death. ;
She drove from her homo hi an
aiiloniohile uccompalncd by "two po
lice officers. , ' V
District Attorney A. '. Barker an
nounced the arrest in the folowlng
statement:
"Mrs. Eaton is under arrest charg
ed with the murder of her husband,
Heur Admiral Joseph Giles Eaton.
"Admiral Eaton did not die a nat
ural death. Death was due to arsenical
liolsoninR. Peculiar features which
tire involved have prevented the au
thorities final communicating them to
the public t
"This: fact was communicated-to
me on March 10th by Professor
Whitney, .in -a preliminary verbal re
port and had been. known to the of
ficers working on the ease since that
time.- Pertain features which are In
volved have been presented to the au
thorities and will be communicated
to the public. We have been unable
thus far to ascertain where the poi
son was procured. Mrs. Eaton was
arrested! at her home at Aeslnlppl
this morning."
Mrs. lEaton' later was arraigned,
plcade! not guilty and was commit
ted to Jail without bail for further
hearing on March 28.
Admiral Eaton, a native of Alaba
ma, died suddenly on the morning of
March 8. He was 66 years old, but
according to his friends had been In
good health. Two days later the j
body was burled at Dracut, his for
mer home. There was no service at
the grave and besides undertakers and I
newspaper men, only the widow and
her daughter by another marriage
witnessed the Interment.
The rear admiral had seen 89 years
service in the navy. He commanded
the transport Resolute at Santiago and
received a medal of honor for his
share in that battle.
Married IJfo Vnhappy.
The present Mrs. Eaton was the
admiral's second wife and was for
merly the wife of D. A. Ainsworth,
once a clerk In the United States sen
ate. Her father was George Harri
son and the family home was at
Alexandria, Va., She is 40 years old.
The investigation Is said to have
developed that her married life was
not altogether happy. Her explana
tion that her husband died from en
attack of indigestion did not satlsry
the medical examiner, and after con
ferring with the family physician n
delayed the body's preparation .for
burial until after a post mortem.
Mrs. Eaton has two daughters by
her first marriage, Mrs. June Ains
worth Keyes of, Boston and Dorothy
Ainsworth, who lived with her.
District Attorney Barker later
amended his fortnal statement, ad
ding that the admiral died of arsinl
cal poisoning.
CONNOR GETS JUDGSHIP
II. K. I.yon Solicitor of Wilmington
District and T. H. Newland of
Caldwell District,
By Associated Press.
London, March . 20. Two "arson
squads" of militant suffragettes de
stroyed $100,000 worth of property
early today.
One Bquad burned down the coun
try residence of Lady Amy White at
Rnglefield Green, near the Thames.
The other squad fired the building of
the golf club at Weston-Super-Mare,
a fashionable watering place in Som
ersetshire. Lady White vls the widow of Field
Marshal Sir George White, the hero
of Lodysmlth. in the Transvaal war.
Flames in her mansion were discover
ed at 1 o'clock this morning and at
that time had such a start that the
efforts of the local Are brigade were
hopeless. : Trace of oil and inflamma
ble materials were found scattered
about the house, while around the
grounds were papers Inscribed "stop
torturing our comrades in prison;"
"votes for women", "by kind permis
sion of Charles Hobhouse," the last
being a reference to the recent taunt
of Chancellor Hobhouse that "women
lack the real revolutionary spirit of
men wlp burn and sack in support of
their cause.
Two women on "bikes" were seen In
the neighborhood half an hour before
the Are was discovered. The house
was unoccupied.
The Incendiaries of the golf pavil
ions also escaped. There are many
suffragettes now in that neighborhood
owing to the meeting of the National
Teachers conference at which Vls
count Haldane, lord high chancellor
is scheduled to deliver an address.
Miss Hoc kin on Trial.
' Miss Olive Hockln, the militant suf
fragelte who is charged with firing the
pavilion of the Roehampton Golf
club, was put on trial today. She ap
peared to glory in the notoriety she
has achieved.
A . large assortment of suffragette
"weapons" wai Introduced as exhibits
against Miss Hocken. Some of these
were found in the militant suffragette
"arsenal" .in London. Others were
from a gripsack alleged to have been
dropped by Miss Hocken In her flight
from the golf links.
By Associated Press.
Washington, March 20. Because of
the extension of the classified Eervlce
to Include fourth class postmasters
and the announcement that postmas
ters of that class would be asked to
qualify In a competitive examination.
the poatofllce department has been
flooded with resignations from the
service. At present resignations are
reaching the department at the rate
of about 20 a day and officials declare
that about 2000 fourth class postmas
ters have resigned since the executive
order covering them into the civil ser
vice was issued. . Practically all of
the resignations are In postofflces
where the postmaster's salary Is mere-
ly nominal and where at times the
expense of conducting the office equals
tne postmaster's compensation. In
many of the cases It will be exceed
ingly difficult to secure applicants who
will take the prescribed examination.
While the department is endeavor
ing to secure new postmasters, the in
cumbents, although they have re
signed, will be forced to discharge the
duties of the office.
THIRTY BELIEVED LOST
Patient Writes of Gains
Under Friedmann "Cure
Search Continues for Victims
of Fire in Alberta Five
Are Recovered.
By Associated Press.
Vienna, March 20. The Austrian
government brought the Balkan situ
ation close to a crUls today by mak
Ing several . peremptory demands on
Montenegro.
The Austrian minister at Cettlnje
was instructed to Inform the Monte
negrin government that It must com
ply with the following:
Free exit from Scutari of all non
comnatants.
Explanations Of the death of I
Catholic priest named Palie, who was
said to have been killed because he
opposed violent conversions of pris
oners.
Full satisfaction must be given for
the violence shown by Montenegrins
and Servians at San Giovanni di Me
dua toward the crew of an Austrian
merchant, vessel.
Violent conversations must cease
Instantly.
Three Austrian battleships and
Palle. who said to have been killed
because he opposed violent conver
slons of prisoners.
Full satisfaction must be given fo
the violence shown by Montenegrins
and Servians at San Giovanni dl Me
dua toward the crow of an Austrian
merchant vessel,
Violent conversions must cease in
stantly.
Three Austrian battleships and
three smaller warships left Pola, the
chief Austrian naval station, yesterday
for an unknown destination. It is
supposed they wore to support today's
demand. ,.
WILSON QUITS
STATE DEFT
REVENUE ACT BLUNDER
MAY BENEFIT TIE STATE
House Tax of One-Fifteenth
of one Per Cent on Corpor
ations Was Ratified
Acting Secretary Steps Out as
Result of Differences of
Opinion Regarding the
Chinese Loan.
PRESIDENT AT ONCE
ACCEPTS RESIGNATION
(By Associated Press)
Louisville, Ky., March 20 Dr. C.
E. Frey of this city has received a let
ter from C. H. Stotz, also of Louis
ville, who Is in Berlin taking Dr. F.
F. Frledmann's treatment for tuber
culosis. Mr. Btotz states that he ex
pects to return to Shierloa' in June,
fully cured. He declares the' bene
ficial effects of the treatment already
are manifest and that he is rapidly
gaining strength and weight The
letter says In part: " .
"We got to Berlin January 29 and
saw Dr. Friedmann, who went over
me, thoroughly. He had an X-ray
photograph taken of my lungs and
then said he could cure me but I
must take four serum Injections, one
every month.
"I got the first serum February 4.
KIND'S SLAYER RECALLED
Schinas Highly Educated but
Thought to Have Been
Unbalanced.
He used a small syringe and inject
ed It Into the left hip. It was not
at all painful. I am doing nicely and
gaining weight. I gained from 110
pounds, which was my weight when
I arrived here, to 122 pounds, and eat
rive times each day. I sleep well and
rnyebogh lsrnorhnir of what f"was
when I left Louisville.
"I expect to get good results from
the next treatment, March 6.
"There are fully BOO people from
all parts of America who came to
Berlin to get his treatment. He
charges $25 for each injection . Dr.
Friedmann went to New York Feb.
ruary 18 but he left a good man in
his office so we are not worrying.
"I expect to return permanently
cured and weighing from 150 to 165
pounds."
THE PACT WITH CANADA
AS TO FREE WOOD PULP
Customs Court Is to Decide
Whether Section of Agree
ment Is in Force
By Associated Press.
Medicine Hat, Alberta, March 20.-
Workmen today continued their cf
orts to recover bodies believed to have
been buried beneath wreckage of the
Malcolm Canning company's main
building, when it r was destroyed by
firs and u gas ojwUn. late, yesterday.
only five bodies have been found, but
there wero persistent ,rumors that 30
employes were in the building when
the walls fell. A small blaze started
after a broken gas main filled the
building with fumes. Property loss
BATTLE OF LATE
IN EARLY 1RNIN6 HOURS
One Throws a Water Bottle
Which Wounds Waiter,
Fatally, Perhaps; -
By Associated Press,
New York. March 20. A fight
has been cBtimuted as high as $100,-1 among a party of men and women din
000.
VICE COMMITTEE GOES
4 TO SEE MR. WILSON
By Associated Press.
Chicago, March 20. Aleko Schinas,
slayer of King George of Greece, la
believed by his countrymen here to
have left Chicago at about the time
of the beginning of the Balkan war,
with a number of volunteers who
went from Chicago. He is said to
have been in buslness.ln Davenport,
Iowa. . '
C. Damascus, a newspaper man,
last night told of meeting Schinas in
Davenport and said that the descrip
tions of the slayer of the king and the
man known to him as Schinas were
Identical.
"When I first met the man I con
eluded that he was unbalanced, al
though he was highly educated
Damasous.
"I Interested him In starting a news
stand in Hock Island, III., and he re
malned at this until about six months
ago, when ho disappeared,
was versed in
Special to the Gaxette-News.
Itaolgh, March 20. v. Craig
this afternoon appointed Speaker
Henry C. Connor Judge of the Wilson
district, H. U Lyon of Columbus
county solicitor of the Wilmington
district, and Thomas 11. Newland of
Caldwell solicitor of the Caldwell dis
trict. "TiTIppDeirats MornlinUr.
By Akaoolated Press.
. Pittsburgh, March 30. Willie Hop
p of New York, the 18.1 balk lino
champion, defeated Ora Mornlngstar,
18,1 balk line billiard champion, last
night by a score of 800 to til.
Cotton Production Estimate
PK- Associated Press)
Washington, March 20. The llt
cotton erou amounted to 14, 105,600
equivalent 800 pounds bales Includ
Ing llnters, according to the census
bureau announcement today. Hun
lilng bales Included 14,070,430 bales.
The man
law and science anl
By Associated Press.
Chicago, March 20. The Illinois
senate vice committee will leave Chi
cago today for Washington, where a
conference with President Wilson has
been arranged for noon Saturday.
Later a public hearing will be con
ducted In Washington that the mem
bers may familiarize themselves with
eastern conditions.
En route the committee will stop at
Harrisburg. Pa., for a conference
with Governor Tener. The committee
plans to urge the president to Include
a minimum wage lor woraing girisiaDV die.
ers. all In evening clothes, In the Hotel
Rector on Broadway early today, may
cost the life of Eugene Bozonizzi
voung waiter. The dining room, well
filled with lata supper parties, was the
eene of Intense excitement when two
men were seen to enguge in a nsi
tight while their women companions
tried to separate them. One of the
men, however, received several list
blows in the face and was about to
bolt for the door when he seized
heavy cut glass water bottle and with
a long swing let it go at the man who
had struck him. The bottle went wild
and struck Bozonizzi, whose tray of
dishes was upset as he dropped to the
floor unconscious.
At the hospital It was said his skull
was broken and that he would prob
Special to The Gazette-News.
Raleigh, March 20. The ratifica
tion of the revenue act, minus the
amendment adopted by the Conference
committees fixing the franchise tax at
one-twentieth of one per cent, leaves
the act practically as It left the house
and carries with it a tax of one-fifteenth
of one per cent. The mistake
has just been discovered, but as it is
a mistake in favor of the state and
against the larger corporations there
will not bei much of a howl. Investi
gation today resulted In the informa
tion that the difference between one
fifteenth and one-twentieth will mean
an Increase In the state's revenue of
approximately $25,000, most of which
will be paid by the larger corpora
Hons. The house passed the bill with
the one-fifteenth of'one per cent tax,
but the senate made the tax one-twenty-tifth
of one per cent, and the
conference committees compromised
on one-twentieth.
Reporters of the house and senate
said today that they were positive
both bodies agreed to the change In
conference. But the fact remains that
this change was not ratified, but that
the original house tax was. The legis
lature may be called upon to correct
the error.
Since the speeches here Tuesday
night of Mayors Tate of High Point
and Murphy of Greensboro on com
mission go'ernment, much Interest
has been manifested In the subject.
Both gentlemen explained the subject
thoroughly and pointed out the ad.
antages of commission over alder.
manic government. The gentlemen
were given a rising vote of thanks by
the 715 persons who were present. A
campaign committee under John A.
Park has begun actively to wage the
fight for commission form.
Josephus Daniels, secretary of the
navy, made his first pumic aciaress
since joining Governor Wilson In
Washington,' when he made the prin
cipal address last night at a banquet
of the Raleigh pressmen. The editor
secretary discussed matters of pecul
iar interest to the craft. , M. L. Ship-
man, commissioner ot labor anu
printing, was the other Invited guest.
Knox's Assistant and Advo-
cate of "Dollar Diplomacy"
Unable to Agree to the
New Policy. 1
clause In his message to congress.
FIVE ASPHYXIATED
The party in which the fight had
centered escaped without their idep
I tity being ascertained.
, By Associated Press.
Washington, Murch 20. The Cus
toms court will not decide the ques
tion of the right of European fac
lories to send wood and pulp paper to
the United States free of duty until It
has considered the validity of section
two, the only operative clnuse of the
Canadian reciprocity agreement, un
der which Canada is given free entry
of wood, pulp and paper, provided no
export restrictions are imposed. Un
der the "most favored nation" clause
of treaties with this country, Europe
claims the same free entry privileges
granted to Canada.
The Cliff Paper company, in a tet
shipment of wood pulp imported at
Kuffaln. from Canada, raised the
question of the validity of section two,
contending congress Intended that no
Entire Family Found) Dead In Chica
go Cottage Accidental, Cir
cumstances Indicate.
By Associated Press.
Chlcaco. March 20. A family of
five persons was found dead from il
lumlnntlng gas in a cottage on North
Lawndale avenue today. Circum
stances indicated that an accident
caused the tragedy.
The victims wero Engbert Cornel-
son, 55, a machinist, his wife and two
sons and a daughter.
MINIMUM WAGE
EXPERTS ARE ANALYZING
TARIFF BILL SCHEDULES
Conferences Are in Progress
Over Administrative Fea
tures Tax in Doubt.
Of $8 per week Announced by Har
vester Trust for tilrl and
Women Employes.
By Associated Press.
Chicago. March 20. President Cy.
part of the reciprocity act should take I rll jr. McCormlck, of the International
effect until Canada adopted all the I Harvester company, made the an
reciprocal legislation provided by the I nouncemcnt last night that beginning
agreement As the treaty failed of I next Monday the minimum wage for
told me that he had been a judgtf in
the minor courts of several cities. Ills
brother-in-law told me that Schinas
had been accused of grafting In publlo
office and that h became a fugitive
on this account.''
LEPINE RESIGNS
Chief of Paris Pollen Force, and
- World-Fstnrd Crime IiiveslU
gator Hteps Out ' J
By Associated Press,
Paris. March 20. Louis Leplne,
head of the Paris police for 20 years,
resigned office yesterday. He has
been called "the most famous chief of
police In ths world," and has figured
In hundreds of celebrated cases. Le
plne Is 7 years of age, a veteran of
the Franco-German war and a former
governor of Algeria. Contrary to and
In striking contrast with the generally
accepted principle that criminals can
best be kept under survellance and
apprehended by secret methods, Le
plnt went on' the theory that publicity
In hunting them down was an osn
tlal factor. . 7 "
ratification by the Dominion, It is con
tended that no portion ot It li in op
eration.
When the collector of customs ad
mltted the company's test shipment
fre of duly, a protest asking that
duty bs assessed was made to the
board of general appraisers, which up
held the collector. The Customs court
Is asked to reverse that decision.
The government has died briefs to
sustain the decision of the hoard and
maintains that the purpose of section
girls and women employed anywhere
In the United States by the company
will be $8 a week. The present mini;
mum Is 15 a week for apprentices.
About SAO girls will be raised to '98,
minimum,
Indian Council Organised. I
By Associated Press.
Washington, March 18 With a flnal
mooting of organization today, the
grand council of North American In-
two was to permit the great pulp mills I, iianii will have been completed and
of the country to obtain as murh as I henceforth vigilant-red men will keep
possible of the woods of Canada Inl, close watch on the legislative rtellb
view of the fast disappearing Amerl-1 e rut Ions of their pale face brothers In
can forests, Tne government asseo I the capital, In the council Is Included
the court to consider the question of I one delegate from each tribe and the
validity and the question of European I council will work for laws that will
By Associated Press.
Washington, March 20. The tariff
revision agreed upon In the house
committee of ways and moans has been
carefully analysed by a corps of sta
tistical and customs experts tempo
rarlly quartered In the committee
offices. Representative Hull, of Ten
nessec, and Representative Peters of
Massachusetts have been conferring
over the administrative features for
report to the full committee. The
committee plan Is to retain most of
the administrative section of the pres
ent tariff law and the Income tax has
yet to be formally voted upon, hing
Ing upon the analysis of probable ro
turns from the 14 schedules of dutla
ble articles.
Whether the appropriations com
mlttee will be named at the outset of
the session depends largely upon
coming conference between Chairman
Underwood of the ways and means
committee and .Chairman Fitzgerald
of the appropriations committee,
Democratic leaders point out that
with the overwhelming democratic
majority. It would be easy to suspend
rules and act on the failed sundry
treaty rights jointly.
Lewis Wins at Paris.
tend to advance ths Interests of their civil and Indian appropriation bill.
people.
By Associated Press.
Paris, March to. Willie Iwls, the
American middleweight pugilist, won
ths derision on points last night from
the French middleweight. Marcel
Mnreau. The American throughout
showed the better form. Mnny fash
ionable women snd prominent actress
es were at tho ringside, ,
Kllhane Begins Training.
1 By Associated Press.
Cleveland. O., March 20. Accom.
panled by Mrs. Kllbans and their two
children,' Johnny Kllbano, feather
weight champion, left here today for
Vernon, to start training for his
championship fight there on April IB.
with Johnny Dundee, ot New York.
Big Chess Match Scheduled.
By Associated Press.
New York. .March 20. A chess
match to be participated In by six of
the leading chess masters of the
world will be held In Havana next
January, according to announeemen
here today. A fund of (10,000 will be
provided to pay all the expenses of
the masters, Including hotel bills.
DELAY, IN STATEMENT
Physician Asks Tuberculosis
Sufferers to Await Result
of Federal Test.
By Associated Press.
New York, March 20. Dr, Fried
mann issued a statement today advis
inir persons who have intended to
come to this city from different parts
of the country for treatment with his
serum, to wait until the government
tests have been completed.
"Do not come to New York at the
present time," said the statement. It
will not bo long before you will have
the opportunity of receiving my treat
ment A trip to this city would con
sume your strength and vitality. So
do not como, because I can not treat
only those sufferers selected by gov
ernment physicians."
FERRY WILL CASE
Context over Administration of $!,
000,0110 Folate Before tho
Kupmno Court
By Associated Press.
Washington, March 20. Tho con
tent over the administration of the
million-dollar estate of the late Rev.
William M. Ferry, an Indian mission
ary and the founder of Grand Haven,
Mich., was before the Supreme court
of the United States today for final
disposition.
The estate was left to his six chll
dren, Including former United' States
Senator Thomas W. Ferry, Lieutenant-
Colonel William M. Ferry and Edward
p. Perrv. Under the will Edward r,
Kerry became' executor. Later he
moved to Utah where he beoamo men
tally Incompetent and In 1903 the
heirs In Michigan began proceedings
to remove him as executor. The pro
ht court of Ottawa county, Mich.
eventually adjudged that he had mis
appropriated funds of the estate to
the amount of 15,000. When the
federal courts In Utah refused to en
force the decree of the Michigan court
the case was brought to the Supreme
court . 1
Major Leaguers to Play Newberry.
By Associated Press.
Newberry. S. C, March 20. A team
of major league stars, Including Ty
Cobb, Nsp Rucker, Wlngo of 8t Louis,
Ducky Holmes of Buffalo and others
was scheduled to piny here this after
noon against the Nowberry college
team. Much Interest la manifested In
this section and a large crowd of fanr
was expected to attend.
By Associated Press. ,
Washington, March 20. Huntington
Wilson, assistant and acting secretary
of state, has resigned that office and
insisted upon the immediate accept
ance of the resignation because of his
radical difference of opinion with tho :
administration regarding Its Chinese
policies. President Wilson immediate
ly accepted the resignation. -
Mr. Wilson, like all assistant secre
taries in the various departments, ten
dered his resignation as a matter of
form to President Wilson directly upon
the latter's assumption of office. Mr.
Wilson was requested to continue In -
his place until It should be convenient
for the president to name his sue- '
cessor. He consented to do so to ac
commodate Secretary Bryan in his de- '
sire to make his present visit to Lin
coln, Neb.
The issuing of the statement from
the White House defining the admlnis- .
tration's attitude regarding the Chi
nese loan negotiations is believed to
have been regarded by A-8lxtant Sec
retary Wilson as sufficient to justify
him in requesting to be relieved at
once from du's'.
After ttl i-vnphlc notice to Secretary
Bryan of his Intentions Mr. Wilson
late yesterday afternoon despatched a
note to the White House terminating
his own service and President Wilson
at once designated the second assist- .
ant secretary, Mr. Adee, to act as sec
retary during Secretary Bryan's pres.;
ent absence. A probable result ot the
resignation will be the immediate ap
poinunent under a recess commission,
of John Bassett Moore as counselor of
the department of state with authority
to act as secretary.
Huntington Wilson's IStatemcnt.
In a thousand word letter to Presi
dent Wilson, the former acting secre- -tary
of state set forth that when he
consented to continue for a tim '
with the new administration he did
not understand there were to be any
radical changes of policy for which he
would be called uopn to act as spokes
man. The letter continued in part:
"It today becomes the duty of the
acting secretary of state. In despatch
ing Instructions to the representa
tives of this government abroad and
as the channel of communication with
the representatives of foreign govern
ments at Washington, to be the
spokesman of the president in regard
to a new far eastern policy which is
apparently deduclhle from your state
ment issued to the press last night.
Inasmuch as I find myself entirely
out of harmony with , this radical
change of policy, as I understand It,
I trust that you will sympathize with
the view that it was not appropriate
that I should longer retain the re-
spoasibilities of the office which I
have now relinquished.
IxMirned of Change Through News
papers. "I had no reason to suppose that
the officials now on duty at the de
partment of state would learn first
from the newspapers of a declaration
of policy which I think shows on Its
face the Inadequacy of the considera
tion given to the facts and theories
Involved and thr- fsllure clearly to api
irehend the motives leading to and
the purposes of the policy superseded.
I had no reason to suppose that the
fate of negotiations which had so
long had the studious attention of
the foreign offices of six great powers
would be abruptly determined with
such quite unnecessary haste and In
so unusual a manner.
"These methods togainst which I
respectfully protest are the very ex
traordinary circumstances which I
feel vitiate my understanding with
Mr. Bryan and completely relieve me
of any further obligation In the
premises.
Considerations Which Influenced
Knox.
"The repeated utterances of the
last administration must have made It
perfectly clear that the saotlve and
purpose of the policy now abandoned,
were first and primarily the protection
of China's Integrity and sovereignty,
the uplift of the Chinese people mor
ally and governmental, the develop
ment of China's resources and the
maintenance of our traditional policy
of the 'open door,' or equality of op
portunity for American enterprise.
Precisely because of the ultimate pos
sibility of a measure of foreign con
trol of China's finances, which may be
Inferred from a study of other coun
tries which have found themselves In
a similar situation, It was deemed 1m.
perative that there should be Ameri
can participation in the rehabilitation
of China's finances. In order to make
sure ot the presence of the potent,
friendly and disinterested Influence of
ths United 8tatea The only practical
ble method of such participation waa'
by the use of reliable American bank
ers. No Banking MomKily.
"In the consideration of the far
(astern policy, I have fnlt that so
Continued on psge four, '