Great Financier and World's Phenomenal Railroad
Organizer Passes Away At His Princely
Home At Arden, New York.
Anion, X. Y., Special. Edward H.
Harriman, ilv? greatest organizer of
railroads the world lias ever known,
met the only lasting defeat of his ac
tive life Thursday at the hands of
death. Secluded in the magnificent
home on Tower Hill, surrounded by
members of his family, physicians
and nurses, he succumbed to an intes
tinal disorder Thursday afternoon
after a fight against disease which
will rank for sheer grit with his re
markable struggles in the financial
world.
The time was given to the world as
3:35 p. m., but Mrs. Mary Simons,
sister of the dead man, said that the
end had come at 1:80, more than two
hours previous. Whether this appar
ent discrepancy has any bearing on
the current belief that every effort
was made to lessen the influence of
the financier's death on the New York
stock market is problematical. But
it is significant that the time of his
death as officially 'announced was just
35 minutes after the trading had
ceased on the exchange.
Mr. Harriman died peacefully and
almost to the end his brilliant mind
retained its integrity. After a re
lapse on Sunday he sank steadily and
soon after the noon hour Thursday
there came a relapse which marked
the approach of the end. His wife,
two daughters, the Misses Mary and
Carol, and his sons, who have been
constantly with him.
No spiritual adviser was at hand.
The swiftest automobile in the Har
riman garae had been despatched
for the Rev. Dr. J. Holmes MeGuiness
an Episcopal rector of Arden parish,
and Mr. Harriman "s personal chap
lain, but Dr. MeGuiness was not at
home. When found later, although
rushed up the mountainside at break
neck speed he did not arrive until
death had come to Arden house.
With the secrecy that has been
maintained at the Harriman resi
dence unbroken to the very end, news
of Mr. Harriman "s death was convey
ed to Xew York before it came to
Arden and the vallev below.
Without pomp or ceremony E. H.
Harriman was interred in the lit
tle country churchyard beside his
oldest son, E. H. Harriman, Jr., at
Arden, Sunday at 3 p. m. Rev. J.
Holmes McGuirness, rector of St.
John's church, conducted the cere
mony in the Episcopal church. Short
services at the Arden house were held
at 2 o'clock preceding the burial.
The active pall-bearers were C.
T. Ford, superintendent of the Harri
man estate: I. W. Mandige, head car
penter of the Harriman estate; E. P.
Schultz, master mason of the Arden
house; William Robbins, superinten
dent of the Arden farms, and W. A.
McClelland, superintendent of stores
of the Harriman estate. These men
"were pall-bearers according to Mr.
Harriman "s wish.
Mr. Harriman was born February
25. 184S. and was therefore in his
C2nd year.
Mr. Harriman, like many other
men who startle the world, came up
from poverty and started out with
little education, but step by step,
with an unflagging ambition, rose to
be a factor to be recknoed with by
the great financiers of the world.
At the time the Union Pacific stock
was going begging and the road was
the despair of many moneyed inter
ests, whose brains and capital had
failed to place it on a paying basis,
Harriman, backed by Kuhn, Loeb &
Co., and Standard Oil interests, un
SOUTHERN COLLEGE FOR
Columbia, S. C, Special. Fire at
2:30 o'clock Wednesday morning
totally destroyed Columbia College,
built by popular subscription from
Methodists all over this State. The
plant was valued at $250,000, and was
insured for $7o,000 with $10,000 more
on equipment. ' The property was
bonded for $00,000 and there were
about $20,000 more in floating debts.
THE ROOSEVELT TO BE IN
New York, Special. Commander
Peary's ship, the Roosevelt, will be
one of the features of the Hudson
Fulton naval parade on the opening
lav of the celebration. The follow-
ing telegram was received here Fri -
"Sydney, C. B., Sept. 10.
"Hudson-Fulton " Celebration Com
mittee :
"Peary Arctic Club applies for
position for its steamer Roosevelt
with the North Pole in tercentennial
parades.
"H. L. BRIDGMAN."
NEW YORK STOCK MARKET
New York, Special Wall Street's
response Friday to the death of Ed
ward H. Harriman was a bouyantly
strong stock market in which se
curities made sensational gains aad
held them to the end. The volume
of business was enormous well over
1,500,000 shares and to this vast
amount the better known Harriman
stocks, namely Union Pacific eomman
and Southern Pacific, alone contrikut-
dertook the rehabilitation of the rail
road. He secured a controlling in
terest, reorganized the management,
and through his transcendent genius!
converted the bankrupt company intc
one oi u:e oesi dividend-paying roads
in the country. In this and later,
when he took hold of the Southern
Pacific, Harrima.n 's policy was one
of lavish expenditure, which made
the properties as near physically per
fect as possible. The matter of div
idends was allowed to wait upon their
perfection. This policy has continued
on all the Harriman lines, and to it
has been added a close study of the
territories adjacent to the property
and which contributed, or could be
made to contribute to their welfare.
Harriman 's most spectacular per-
lormance and that which made his
name familiar to all the reading pub
lic was in May, 1S91, when he "strug
gled with the Morgan and Hill in
terests for control of the Northern
Pacific. On May 9 of that year the
historic Northern Pacific corner re
sulted in the stock of the eompanv
going to $1,000. At the "show down'''
Harriman produced $78,000,000 in
stocks. However, the Hill-Morgan
people held .the whip-hand through a
by-law of the company which permit
ted the retirement of preferred stock
at any time. Of his holdings $41,
000,000 was preferred, but Harriman
secured a compromise and he and
some of his associates were elected
to the Northern Pacific directorate.
Hamman, it is said, controlled
18,000 miles of railway, or six times
across the continent; that these lines
employ 80,000 men; that, in addition,
he directed 54,00C miles of steamship
lines, making 72,000 mile of trans
portation in all; that one could go
from .New York to Hongkong without
ever leaving the Harriman lines and
that he could return by another route
on Harriman lines nearly all the way.
Financiers in recent estimates
of Harriman 's personal wealth
have varied all the way from $50,-
000,000 to $100,000,000. He was, of
course, a large holder of securities of
the various corporations with which
he was identified, including in addi
tion to the Union Pacific and South
ern Pacific systems, over a score of
smaller or tributary properties, not
only in this country but in Mexico
as Avell. Report credited him with
large personal holdings in various
railroad systems. His real estate
holdings in this city, were compara
tively small. His home at Arden is
said to represent an outlay of over
$2,000,000.
"My railroad methods," said Mr.
Harriman once, 'are to serve the pub
lic, and to give it good service at the
lowest possible cost, with, if pos
sible, "ho favoritism. It gets its
money's worth from me. My method
is to give the public the best equip
ment, the best time, the best track."
Shock to Progress of Suth.
Chattanooga, Tenn., Special. Jas.
U. Jackson, of Augusta, Ga., one of
the business associates of the lafc;
Edward H. Harriman, and part own
er of the Augusta street railway sys
tem, in speaking of the great finan
cier's death said:
"I do not know what the policy ol
Mr. Harriman 's successor will be,
but I know that his death will be one
of the greatest shocks to the pro
gress of the South that could have
been received. I am in a position to
know that it was Mr. Harriman 's in
tention to use his Hlionis Central and
Central of Georgia lines for the de
veloping of the South 's resources and
to further the interests of the more
progressive commiwiities.
WOMEN CONSUMED BY FIRE
A liquidation would leave nothing
but the rock foundation and the
grounds; but arrangements are going
right ahead for rebuilding and the
opening for the present session in the
Colonial hotel property, the former
plant of the college. The fire was
evidently caused by the cross circuit
ing of wires in the northwest dormi
tory. HUDSON RIVER PARADE
A favorable reply was promptly
sent, and the Roosevlt will be as
signed to a place of honor close to
the Half Moon and Clermont, which
will lead the parade. In all probabil-
ity Peary ilimself be on boardj
together with the members of the
Peary Arctic Club, and possibly other
distinguished explorers. Dr. Cook,
it is expected, will be in New York
City at the time, but the celebration
committee regards it1 as unlikely that
he will be invited to join the Peary
party.
IS BUOYANTLY STRONG
(Cd over one-third, while other prop-
erups in wincu me aare magnet was
more remotely interested added prob
ably as much more to the sum total.
The day resulted in a complete route
of the short interest, which was prob
ably more extensive than even the
best informed had imagined. Even
before the opening here it was evi
dent from the tone of American se
curities in London that the strongest
support was forthcoming. ,
SUPPLEMENTAL REPORT
Both the North and the South Have
Had a Season of Unparalleled Ac
tivity Statement Showing the Pro
duction and Consumption by the
Mills of the Southern States.
New Orleans, La., Special. Supple
menting his report on the cotton crop
for 1908-'09, as issued on August 31,
Secretary Hester, of the New Orleans
Cotton Exchange, Tuesday made a
detailed report of the crops of the
different States as follows: .
Alabama 1,428,000, against 1,171,000
last year.
Arkansas 1,052,000, against 787,
000. Florida 75,000, against 60,000.
Georgia 2,118,000, against 1,964,
000. Mississippi 1,673,000, against 1,
496,000. Louisiana 485,000, against 673,000.
North Carolina 747,000, against
689,000.
South Carolina 1,298,000, against
1,226.000.
Tennessee 426,000, against 335,000.
Texas 3,819,000, against 2,221,000.
Oklahoma 704,000, against 950,000.
Total crop 13,825,000, against 11,
572.000 last year.
He puts the spindles in the South
at 11,255,787, including old, idle, and
not complete, against 10,661,308 last
year, an increase of 594,479.
Referring to the consumption by
American mills Mr. Hester says that
North and South they have had a sea
son of unparalleled activity. In no
past year, he states, have they con
sumed so much cotton, and phenome
nal su the extent of the business has
been it has not reached the limit of
their capacity.
The money value of the past com
mercial crop, he states, is in round
figures $683,794,000, showing that
while the number of bales marketed
was. 2,243,000 bales more than last
rear, the increase in money received
was but $11,509,000, equivalent to
$5.11 per bale for the excess, and yet
Mr. IK'ster contends that considering
all the circumstances, if ever a crop
was sold at a good round price, it was
the one under review.
In the South Mr. Hester makes the
consumption 366,596 more than last
year, and 120,765 over the year before
last. Twenty-one new mills are
building in the Southern States, and
including additions to old establish
ments, 10,000 new looms and 511,294
new spindles are under way.
The year's consumption has been
divided as follows:
State. Consumption. Increase.
Alabama 251,871 46,261
Arkansas 6.038 2,190
Georgia 556,119 74,757
Kentucky 26,290 1,694
Louisiana 17,244 3,331
Mississippi &8,691 3,529
Missouri.. . 14,826 6,449
North Carolina.. .. 759,295 130,414
South Carolina .... 700,352 75,806
Tennessee 69,211 9,154
Texas 42,456 8,675
Oklahoma 2,568 954
Virginia 77,921 3,382
Total 2,559,873 366,596
In conclusion, Mr. Hester says the
facts concerning this remarkable year
in cotton consumption speak for them
selves, but it is safe to say that, had
they been estimated instead of plain
unvarnished truths, even extremists
would have been justified in classing
them as exaggerations.
In the South he savs: "We have
brushed 2,600,000 bafirf closely dur
ing the past year and this close on
the heels of the panic with 215 out of
a total of 786 active mills from one
to two months late in getting under
headway. Most of the new not com
plete spindles will be in working or
der before the coming year's close,
and with these on the basis of the
1904-'05 consumption per spindle the
capacity of the Southern mills will be
something like 2,800,000 to 2,900,000
bales." " '
Marshal Killed By Blow.
Jesup, Ga., Special. Marshal G.
B. Pope was killed Friday afternoon
by a blow over his heart . ia a des
perate struggle with Edward Tyre,
Brantley Tyre and Jas. Tyre, prom
inent young white men whom he was
attempting to arrest. It is not known
which one of the Tyres inflicted the
fatal blow. All were arrested as they
attempted to escape and lodged in
"Wayne county jail.
Say Stories Agree.
New York, Special. Scientists and
explorers here comparing the latest
dispatches regarding Commander
Peary's achievement with the reports
which Dr. Cook has sent out were
very generally agreed that Peary's
findings seem to confirm Dr. Cook's
story in several significant particu
lars, thus far raise no points of dis
agreement. " Thes dentists were more
positive than ever that the contro
versy can be settled beyond reason
able doubt by an inquiry before a
recognized scientific body.
Could Have Been Worse.
"The thing might have been so
much worse than it was," said Dr.
Daniel, with reference to the burning
of Columbia College, lying in bed
nursing his aching feet and patting a
burned place on his cheek, but smiling
good naturedly through it all. "Had
the fire come in the way it did at the
hour it did when the college was full
ef girls two weeks later, we might
have seen sights that wodd have
wade strong men weep.
PEARY AT POLE TOO
Dispatches Flash Over the
Wires Monday.
REACHES GOAL APRIL 6, 1909
Several Messages Sent Including One
to Mrs. Peary Leave No Doubt of
Their Meaning Did Not Know of
Dr. Cook's Discovery.
New York, Special. From out the
Arctic darkness there were flashed
Monday the messages which stun
ned the scientific world and thrilled
the heart of every layman. From
the bleak coast of Labrador Peary
gave to the world the news that he
had attained his goal in the far
north, while at the same moment in
far off Denmark Dr. Frederick A.
Cook, of Brooklyn, was being dined
and lionized by royalty for the same
achievement.
Undeniably Yankee grit has con
quered the frozen north and there has
been created a coincidence such as
the world will never see again.
The Americans have planted the
flag of their country in the land of
ice which man has sought to pene
trate for four centuries and each,
ignorant of the other's conquest, haa
flashed within a period of five days a
laconic message of success t the
waiting world.
The following telegrams tell the
fact that there is a story coming.
New York, Special. Peary h
succeeded.
"Indian Harbor, via Cape Ray, N. F.,
September 6.
"To Associated Press, New York.
"Stars and Stripes nailed to North
Pole. (Signed)
"PEARY."
"Indian Harbor, via Cape Ray, N. F.,
September 6.
"Herbert L. Bridgeman, Brooklyn,
N. Y.
"Pole reached. Roosevelt safe.
"(Signed)
"PEARY."
"Indian Harbor, via Cape Ray, N. FM
"I have tm pole April 6.- Expect
arrive Cheateau bay September 7.
Secure control, wire for me there and
arrange to expedite transmission of
big story. (Signed)
"PEARY."
April 6, 1909 the date that Peary
planted the flag at the Pole and
April 21, 1908, the day that Dr. Cook
unfurled the stars and stripes a year
before, consequently become the car
dinal dates upon which exploratiou
of the far North will rest hereafter.
Though separated by nearly a year,
the same feat was accomplished by
two Americans, neither of whom was
aware of the movements of the other.
Cook says that he found no traces
of Peary in the moving ice and ac
cording to word which was received
here through Capt. Robert Bartlett,
of Peary's ship, the Roosefilt, late
Monday night, Peary likewise found
no signs of his reputed predecessor.
However, this phase of Peary's ex
perience will not be thoroughly clear
ed up until a statement is obtained
from his own lips.
A Washington dispatch says:
Commander Robert E. Peary, al
most three years ago prophetically
outlined his view of the value and in
terest attached to the achievement
he announced in the dispatches Mon
day. The penetration of the frozen
heart of the Arctic circle, the news
of Peary's feat folIoAving close upon
the heels of Dr. Cook's planting of
the American flag at the same spot,
evoked enthusiastic plaudits in Wash
ington. Everywhere among army
and navy officers and scientists and
official Washington, generally, only
words of praise were spoken.
Dr. Cook was intensely interested
at the cablegrams and sid: "That
fs good news. I hope Peary did get
to the Pole. His observations and
reports on that region will confirm
mine."
Asked if there was any probability
of Peary 's having f onnd the tube con
taining his records, Dr. Cook replied:
"I hope so, but that is doubtful on
account of the drift."
He added:
"Commander Peary would have
I reached the Pole this year. Probably
while I was in the Arctic region last
year his route was several hundred
miles east of mine. We are rivals,
of course, but the pole is good enough
for two.
"That two men got to the Pole
abng different paths," continued the
explorer, "should furnish large ad
ditions to scientific knowledge. Prob
ably other parties will reach it in the
next ten years, since every explorer
is helped by the experience of his
predecessors, just as Sverdrup's b
servations and reports were of im
measurable help to me. I can say
nothing more, without knowing fur
ther details, than that I am glad of
it."
Fleet's Battle Practice.
Norfolk, Va., Special. The Atlan
tic battleship and cruiser fleet had
highly favorable conditions Monday
for their rough water battle practice
work, as a northeast wind was blow
ing 20 miles an hour, but unfortu
nately one of the larger boats having
ibeen penetrated by shells from the
o ju. v. : i t
ulb guiis ui. me fcuips, uecttme water
logged and had to be brought in for
vepeuK. k
MAN AGAINST MAN
IN POLAR DISPUTE
Only Negro and Eskimos Ac
company Peary.
WHITE MEN NOT ON THE TRIP
This Information Encourages the
Supporters of Dr. Cook Geogra
phical Society Maintains the Atti
tude of "Keep Hands off" for
Present.
The Washington, D. C, Herald, of
Saturday says:
It is now merely the word of one
white man against that of another.
The great polar controversy has re
solved itself into a question of the
personal veracity, respectively of Dr.
Frederick A. Cook and Commander
Robert E. Peary.
According to the statements of
each over his own signature, neither
was accompanied by a member of his
own race when he is alleged to have
planted the Stars and Stripes at the
north pole.
That Commander Peary had with
him only his negro body servant,
Matt Hensen, and a handful of Es
kimos, when he made the last stage
of his journey toward the pole, and
that he had sent back the only re
maining white member of the expe
dition when he reached latitude 87.8
was not known until the first install
ment of his detailed story of his trip
was published on Saturday.
One of the principal arguments
made by the Peary supporters against
ROBERT E. PEARY.
the acceptance of Dr. Cook's claims
to the discovery of the pole was his
own admission that he was unac
companied by any white man, and
that, aside from the records of his
observations, the only corroborative
evidence he could produce would be
the testimony of the two Eskimos
who were with him on his final dash.
Now it appears from Commander
Peary's own story that he himself
was in a like situation. Aside from
the negro Hensen, who had been his
"Man Friday," for the past twenty
years, his sole companions were four
Eskimos. There was no white man
with him who can now take the wit
ness stand and testify to the accu
racy of his scientific observations
above the lattitude of 87 degrees and
8 minutes.
It is needless to say that this de
velopment has brought great en
couragement to the camp of the Cook
followers. They are expressing re
newed confidence that when the data
of the two men are presented to an
unprejudiced jury of scientists, Dr.
Cook's Avord Avill be accepted with
equal credence to that of Commander
Peary.
According to Peary's oavu story,
when he started from Capo Columbia
there were se-cn members of the
party, seventeen Eskimos, and 123
dogs. The members of the - expedi
tion were: Peary, Goodsall, Mac
Milkn, Borup, Marvin, Bartlett and
Hensen. From time to time, as the
explorers proceeded nortliAvard, Peary
sent different members of the expe
dition back, either in command of so
called supporting parties or for other
reasons. Goodsall, Borup, Marvin
and Bartlett each returned in charge
of a quota of Eskimos, dogs and
sleds. MaeMillan was forced to re
turn on account of a frost-bitten foot.
Finally when 87.8 north latitude Avas
reached, Peary's sole Avhite compan
ion Avas Capt. Bartlett, and f he was
sent back from this point with two
Eskimos and the necessary equip
ment to supply him until Cape Colum
bia should be reached. From there on
Peary had Avith him the faithful Hen
sen and four Eskimos.
In the opinion of the Cook sup
porters, the final records of Cook's
observations are now just as worthy
of credence as those of Peary. They
contend that Dr. Cook's previous
standing as an explorer renders his
unsupported word of 'equal value to
that of Peary. They do not regard
the negro Hensen as a' factor in the
equation. His long employment by
the explorer Avould put him in the
class of prejudiced witnesses, even
if his lack of scientific knowledge did
not bar him.
While none but the most radical
Cook followers seek to discredit
Peary, they point with some glee to
the statements made by Peary's sup
porters after Cook's first announce
ment of his discovery, that no ex
plorer could hope to convince the
world of the truth of his story unless
corroborated by the personal testi
mony of at least one other Avhite
man.
Court of Last Resort.
What will constitute the court of
last resort in the controA'ersy is still
problematical. Various suggestions
have been made, but it is likely that
no definite moA-ement will be set on
foot in this direction until the re
turn of the two explorers to this
country. The Coast and Geodetic
SurA-ey's offer to act as abiter will
hardly be accepted by Dr. Cook, in
asmuch as peary Avas, in a sense, an
employe of this institution, being on
detached duty for it from the naA-al
service during his trip.
Both men are lecturers before the
National Geographic Society, of this
city, and as the attitude of this body
has been one of "hands off" since
Peary made his charges against
Cook, it is believed that the tAvo ex
plorers would be willing to submit
their quarrel to the adjudication of
an intenational board of scientists to
be selected by the society. Already
the Duke of Abruzzi, at one time the
Avearer of "farthest north" laurels,
is being prominently mentioned as
the possible head of the proposed
court.
Crowds Cheer Him.
Committees from the Geographical
Society and the faculty of the Uni
A'ersity of Copenhagen saw the ex
plorer off. A director of the com
pany OAvning the ship on Avhich Dr.
Cook travels made an address m
Avhich he thanked the explorer for
the honor of leaving on a Danish
ship. He said that Denmark believed
in Dr. Cook absolutely. Dr. Cook
replied feelingly.
In the course of a conversation be
fore lea-ing Dr. Cook said that he
was walling to place his records be
fore the American Coast and Geo
detic Survey, proA'ided Commander
Peary would do the same. He said
there was no reason why he should
be the first to apply for such an ex
amination. Curtiss Wins Big Prize.
Brescia, Italy, By Cable. Glenn H.
Curtiss, the American aviator, who
Avon the international cup at Rheims,
captured the grand prize in the avia
tion meet here Sunday. Curtiss made
his flight for the grand prize Sunday,
eoA-ering 50 kilometres (31.05 miles)
or five times around the course in 49
minutes, 24 seconds. His share of
the $10,000 prize is $6,000. Rougier,
the French aAriator, also competed,
making a fight of 50 kilometres in 1
hour 10 minutes 18 seconds. He Avas
awarded the second prize. Curtiss
also won the prize for quick starting,
his time being 8 1-5 seconds. Leblanc
was second in this contest in 9 3-4
seconds.
Steamer Lauretania Lost.
St. Johns, N. F., Special. Thril
ling scenes attended the loss of the
Allan line steamer, Lauretania, bound
from Boston for GlasgoAV, which piled
up on the rock near Cape Race dur
ing a dense fog at G o'clock Monday
morning. The A-essel is a total wreck
but the fifty passengers and forty
members of the crewe escaped to land
after a trying experience.
The steamer rebounded heavily
when she struck, the shock throAving
most of the passengers from their
berths.
Lynch an Innocent.
ClarksA'ille, Miss., Special. Hiram
McDaniel Avas swung to a tree early
Monday because a mob of several
hundred enraged citizens could not
get his brother, Utah Nathan Mc
Daniel, slayer of Policeman Walter
Marshall. Nathan Avas caught in a
swamp by a force of deputy sheriffs
and hurried to Jackson, eluding the
mob in waiting for the prisoner.
"It's all the same, anyAvay," chorus
ed the mob Avhen Hiram Avas discov
ered, and he paid tvith his life for hia
brother's crime.
New York limes Loses.
New York, Special. Judge Hand,
in the United States Circuit Court,
settled a norel legal controAersy Fri
day in favor of The XeAv York Sun
and The New York World, defendants
in preeeedings brought by The New
York Tim. Friday the Times ob
tained a temportry injunction re
straining The Sun and The World
from printing any of Peary's cabled
account of his discovery, which he
had agreed to furnish exclusively to
The Times but the court Friday disr
eolved the restraining order.