Newspapers / The Charlotte Observer (Charlotte, … / May 28, 1911, edition 1 / Page 1
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THE CHARLOTTE NEWS. VOL 2. NO. 20 CHARLOTrE.N.C.. SUNDAY MORNING, MAY 28, 1911 PRICE 5 CENTS Senatoi Clark Objects Jo Assessment Put On His Palace Gentleman With a Twelve Mil- lion Dollar Annual Income Goes to Court to Have 7ax Reduced—Given in at Over Three Million. lot Worth a Million—No Such Private Mansion to Be Found in The World—Every 7ouch oj Elegance is Iheie, And Jhen Some ♦ ^ 4^ Some “unique features of ^ ^ Senator Clark’s mansion: ^ 4^ A concealed garage In the ^ ^ Douse, ^ ♦ Secret entrances to erery # ^ room. ^ ^ V—Salorlum on the roof> ^ ♦ 4.—Observatory on the roof, ^ ^ '.—A •■quarantine'* roomi ^ ^ —Complete library. ^ ♦ * —Famous art gallery. ^ ♦ ’ —Huge swimming pooL ^ ^ —Fifteen bathrooms, lined ^ ♦ with Carrara glase. ^ ^ 10.—Large banquet hall. 4 ♦ ■ I.—Twenty-passenger elevator. 4 ♦ 1.'.- Breakfast room, built of 170 4 ^ square panels of different de- ♦ s!gn: twenty-flve guest ^ rooms. ♦ ^ —Stairway that contains ev- ♦ ♦ .'i> known kind of marble. ♦ A laundry, cold storage ♦ ♦ ; lant. safety deposit vaults. ♦ ^ 'oatlnfic and lighting plant and ♦ ♦ miuialure stage. ^ New York, May 27.—Is the mansion p i'/b former Senator William A. I I. k caused to be built of millions i; tho comer of Seventy-Seventh - and Fifth avenue the only one of j- aind in the world? nre the answers which were Ini before Justice Lehman in tho su- preuie court today and upon which he I; i9:ved to sustain or reject the city’s ; - e=sment upon this stupendous pile c • "zen ragtime.” ► city: "The Clark resfcence Is , -w- - There Is not a palace in the T, .n l of any kind of any Emperor that « ai n atch It. Therefore it should be t‘\ed for its “uniquenesb” and not u ri a.e basis of assessment of adja- r. , roperty.” '£:■ "Senator Clark: “My residence on Ki’fii avenue should be taxed in the proportion as other property. It i r ' In a class by itself so far as as- r .^ment Is concerned. It may be u.iuo, but Its uniqueness should not made the basis for taxation. I "lo proceeding to review the as- «^;ssriient of the city taxers was Iri.'ight before Justice Lehman be- former Senator Clark maintains ,'"i* tho assessors have put too high ' va'i^atlon upon his property. It is con- »ded 1)V the owner and the city that ' .6 plot of land. 200 feet by 77 feet, '.r:i''h the house stands Is worth at I n- $1,000,000. The dispute Is over ■ viilne of the building. * f* city assessed the property, while IT ■ iTse of construction, as followe. ‘ 0«. S2.000.000; 1909, $3,250,000; 1910, t ' K' OOfl, These assessments are pro- iP5»t ' d by the owner. He declares that :he q tual value of the Improved prop- e’t; la uot over 12,100,000 and that the Continued on Page 15. PokmcAu 7. W, New Developments Ptomisedin Trial Of Comorrists '^5 Police Secure Additional Evid ence in Connection With Cuoccolo Murders And Other I Arrests Will be Made Short ly, it is Ihought. Society oj Three Nations Sur prised to Learn of Action by Mrs. A. J. Diexel, Though Relations are Knoum to Have Been Strained. Every Effort Made by Family to Get Mrs. Drexel to Change Her Mind But all in Vain —It is Understood no Settlement is Asked. Philadelphia, May 27^Although there have been rumors for several years past that the martial relations between Col. Anthony J. Drexel and Mrs. Drexel have been strained, so ciety In London, Newport, Phlladei phla, New York and Baltimore will be surprised to learn that It Is defi nitely stated that Mrs. Drexel is to bring action for divorce. Mrs. Drexel arrived from Europe alone a few weeks ago and has endeavored to keep her movements as quiet aa pos Bible since she came to Philadelphia. Her Intention to bring an action for divorce preceeded her, however, in ca blegrams to the Drexel family. No sooner had she set foot on shore in New York than the Drexels began to persuade her to reconsider the abso lute resolve she had made In Lon don to separate herself legally and entirely from her husband. Mrs. Drexel remained adamant in her decision, and it is reported that before she had been in Philadelphia many days she sought the legal ad- qvico of John G. Johnson. A conspic uous member of the Drexel family said, when asked about the impend Ing divorce action: •'1 wish sincerely that the report proves false. Our family had so tar kept aloof from the publicity of the divorce courts. I hope we will con tinue to be out of such limelight. ' Lacking any private fortune, and so far as Is known, not asking any great settlement from her fabulously rich husband. Mrs. Drexel shortly af ter she reached Philadelphia sougm quiet apartments in order to begin her legal flght for freedom. Early this week she went to New York to visit her son, Anthony J. Drexel, Jr., and his wife, who was Miss Marjorie Gould. On her return from New York, Mrs, Drexel had another conference wL- her lawyer and left yesterday foi’ her old home. Baltimore. It may here be stated that Mrs Drexel’s friends and relatives in Baltimore say that while she will re turn to London on June 3, she wil not occupy her Grosvenor Square mansion or take any part whatever in the coronation ceremonies. Mr. Drexel, who represents the third generation of his family, living In America, prefers the life of an English gentleman, though he still re tains his membership In several Phli- adoelphla clubs. It Is not known on what grpimds the divorce is to • be asked] There are many causes for divorce in Penn sylvania, and charges Involving moral obliquity are not necessary. The Drexels are as much the social leaders in Philadelphia as were the John Jacob Astors in New Yprk. The mere rumor about the Drexels there fore has created as great a sensation here as did the Astor divorce suit In the metropolis. Mrs. Drexel, before her marriage to the wealthy Philadelphian, was Miss Margharlta Armstrong. She and her sister Annie, now the widow of James Henry (Silent) Smith, were famous beauties in Baltimore. Aged Rulet Would NotRetieat and With a Revolver in Each Hand ManouvredHis Men And Defeated the 700 Re- bels. PRESIDENT PAINSTAKINGLY PREPARING POLITICAL POSEY. The Rebel Loss was 30 Dead And the Fedetals Fought so Fiercely lhat the Dead were Left on the Field—Federal Not Hurt. Startling Facts About The Steel Trust Laid Bare At Investigation J. W. Gates, Oath, Tells Undet Of Mow Mexico City, May 27.—The sensa tional exit of Diaz was' punctuated by an incident worthy of the reputation of the aged LJon of Oaxaca. The train on which the aged ex-presldent was fleeing from the country he had ruled for thirty years, was attacked by a force of 700 rebels near Tepayahua, Diaz occupied the middle section of the train. Federal troops filled the other two sections. When the train came to a stop, instead of ordering it to retreat or m^e a dash for this city, the aged warrior leaped from his car with a pistol in each hand, followed by his son. Colonel Diaz, and msuiouv- ered his Inferior force of 300 men with such skill that the rebels were driv en off, leaving thirty dead on the field The remainder of the trip was made without Incident. Company for the purchase of the lat-| Diaz is now in Vera Cruz at the ter company. All were at Morgan’s j home of J. P. Body, a prominent house.” I American, and will sail on the steamer “Did you say at Morgan’s mercy!” I Ypiranga May 31. asked Chairman Stanley. Fifteen persons wera killed in the How The Trick Was Turned. ilcta at San Luis Potosi yesterday replied Gates grinning. ‘‘At Ul.en a mob of 3,000 tried to get Into Morgan’s residence. They ofCer^ in I the penitentiary to release political exchange for Tennessee Company | prisoners. Many Court Will Likely he Trans- jerred to Naples in Otder to Facilitate 2 he Trial-=^ Wo man Prisoner Taken Serious ly m. ' ' Viterbo, Italy, May 27.—New and and startling developments in the trial of the Camorrists are imminent. The mysterious activities of the police for the past few days has resulted in bringing to light new evidence in con nection with the Cuoccolo murders and several more arrests are to be H made. When the trial is resumed next Tuesday the first witness called by the crown advocate will be Jaco- vili, ho was orl^nally arrested as be* jiySlj ing concerned in the crimes but later ||||| released. He is expected to give some heretofore unrevealed evidence that iJIf l will strengthen the case of the prose- ppf cution. ff"’ It Is practically certain, in view of the new developments, that the court !| will be transferred to Naples to facil- If itate the progress of the trial. ‘ | Marie Stendardo, the only woman |1 among the prisoners, was taken seri-:! ously ill this morning and removed to il the prison hospital. Today’s' session was adjourned at I noon following the reading of several' depositions. LOOKING INTO THE POSTOFFICE department!! Octupus was Formed were wounded. stock an equal amount of U. S. Steel {-Twelve thousand dollars damage was Was Borr^at An All i^ivestlgatlon win be continued if Session at The Home of J. P. Morgan-Had Its Inspiiation in Ihreats or Andrew Carn egie. Relates Details of. Transaction by Which Tennessee Corpor ation was Gobbled up mth Sanction of Theodore Roose velt. VMT KILLED Mill 11 ion CARDINAL GIBBONS His Eminence James Cardinal Gibbons, Archbishop of Baltimore, who was recently tendered a notable recep* tion at the Catholic Club, New York, in commemoration of the golden Jubi lee of his ordination to the priest hood and of the silver Jubilee of his elevation to the highest office with In the gift of Western Catholicism. Old friends and many prominent i^en of ail ranks of life attended the reception and congratulated the ven erable ehurehman. Washington, May 27.—With a gay party aboard. Including Miss Helen Taft. Assistant Secretary of the Navy Beekman Wlnthrop, and the Misses Meyer, daughters of the secretary oi the pavy, the presidential yacht Dol phin, while off Alexandria, Va., at 9:20 o’clock tonight, ran down a gas oline launch, instantly killing one man and injuring two others. Alex ander Y. EUowles, of Washington, was knocked unconscious and drown ed; W. A. Butler and J. G. Lindsay, both of this city, were seriously Injur- ed. The collision was unavoidable and no blame attaches to the sailors of the Dolphin. Washington, May 27.—John W. Gates today, under oath, laid bare be fore the Stanley Steel Trust investiga ting committee these startling facts concerning the steel tru^t and the steel industry of the United States; The steel trust was bom at an all- night meeting at the home of J. P. Morgan In New York and had Its in spiration in threats by Andrew Carne gie to go into railroad construction and steel tube manufacture. Carnegie had been a demoralizing Infiuence in the steel industry and it was feared he would become trouble some in the railroad business. Carnegie w'a& paid $320,000,000 in bonds for his controlling interest in the Carnegie Steel Company, for which he had given an option one year be fore for $160,000,000. Incidentally he pocketed the $1,000,000 option forfeit. The Tennessee Coal & Iron Com pany was acquired by the steel cor poration after a squeeze of the syndi cate controlling the majority stock without the transfer of a dollar in cash. J. Pierpont Morgan and his part ner, George ^Perkins, arranged the shifting of seciurltles. The majority stockholders iii the Tennessee Coal & Iron Company received about $96 val ue in steel corporation securities for the stock which they had refused to sell to Morgan a year before for $150 per share. The steel corporation cannpt control the steel industry in the United Stat es according to Mr. Gates, except in special lines. Arbitrary abuse and pow er gained through ownership of trans portation companies, however, would enable the* steel trust to cru&h inde pendent operators forced to use the Lake Superior region ore. Gates, controlling stockholder in the Republic Coal and Iron Company, told the committee that he favors ah open market. Morgan to be Summoned. J. P. Morgan will be summoned as a witness in the invesUgatlon. To day’s revelations make this necessary, There can be no escape for him, and necessary through a year, in order to get the big financier’s testimony. Moreover committee members say that today’s proceedings merely scratched the surface and paved the way for the tes’timony of Morgan, Car negie and Judge Garry. There is in formation at hand that even John D. Rockefeller will be called. His name was brought into the testimony of Gates today. The opening gun at the hearing, a flash light photograph of the commit tee, was fired at 10:30 a .m. M.r Gates was on hand, debonnaire, smiling, alert. He was dressed in a new sum mer suit of light gray, straw hat, tan shoes, a negligee shirt and blue tie. His bodyguard of advisers consisted of his son, Charles G. Gates and Richard Jones, Jr., his personal attor ney and general counsel for the Re public Coal & Iron Company. Gates Debonnaire and Smiling. An easy, revolving chair was given “bet you a million” Gates at the wit ness table and from time to time dur ing the session he swung about to note the effect of his pleasantries on the spectators. He was at his ease with his investigators, giving information when he desired willingly, withhold ing it at times with ready jest. He wanted to get through. When the com mittee suggested a recess he demand ed: “Can you be back here at 2:15? “We can,” said the committee. “I want to leave on the 4 o’clock train,” explained Mr. Gates. He left on that train. Teiis of Merger With Tennessee Co. When the committee assembled this morning with all members present ex cept Martin W. Littleton, Chairman Stanley swore Mr. Gates and without further ceremony asked him to tell of the merger of the Tennessee Coal & Iron Company with the steel cor poration. This is the cruix of the entire situ ation. The merger was in plain viola tion of the Sherman anti-trust law. Its sole basis was the approval of Former President Roosevelt who re- second mortgage 5’s. I was not willing I done by'the mOb. Eacamaclon Ypina to trade on this basis. Four hours later [has been elected-provisional governor We accepted on a basis of 1.19 3..41 there in place of the regular governor, per cent, accepting steel corporation Caevas, who resigned. The Federais sinking fund 5’s. We met at the of- in Potosi are resting on their arms fice of the Tennessee Company next expecting more trouble, morning to tender our resignations. 11 Guadalajara is quiet after a stormy told Judge Gary he was simply buy- night, but the suburbs of Puebla were ing a majority of the stock and tak- looted today by two hundred rebels, ing our resignations. Judge Gary sald~ Dr. R. C. Clarke, of Taylorsville, 111., Washington, May 27.—After listen ing to stories of $35 waste baskets,II cirasin walnuts and mahogany pan-p -^ elled rooms and bright red carpets inij the postofflce department, the mem bers of the House committee investi-'J|i:;^| gating that department, decided to-tEfi day to make a personal inspection of^^* the office of Postmaster-General Hitch-^t ooek,.. . - The committee interrogated Chie Clerk Weed today. Mr. Weed said the repanelling of^l Mr. Hitchcock’s private ofiice cost $4,j| 000 but the refitting of the “small re«||| s room” and the “large brown room” o?^ ' the suife cost less, being finished ii mahogany. He said the cost of rei habilitatlon was not excessive for th ofllces of a member of the cabinet. Th committee will resume examination o‘ Mr. Weed Monday with especial refer ence to .the instltuion of the post^ savings department. he did not care about the minority stockholders. I insisted he must agree to pay the minority the same as he paid,us and before we closed the deal he passed a resolution to that effect,” concluded Gates, swinging about In his chair with a grim smile. “Who owned the majority stock with you?” asked Mr. McGllllcuddy, of Maine. Gates—“Colonel Oliver H. Payne, J. B. Duke, E. J. Berwyn, G. B. Schley, A N. Brady, G. A. Kessler, Oakley Thorne, E. W. Oglebay, H. S Black, F D Stout, G. W. Simpson, G. A. Top ping, G. W French and S. G. Cooper.” Stanley*—“Which securities were of the greater value—your stock or the steel corporation bond?” “Our stock would have sold for from $120 to $1^. ^ a share. The steel corporation securities were quoted at $80 to $85. On the basis of transfer of the security was quoted at $80. I gave out share of Tennessee stock for Bartlett—“Doesn’t the value back of a security control in its market price?” , . Gates—“Not always. Second mort gage bond of , the steel corporations are promises to pay. The stock o^ the Tennessee Company, represented the (Continued on Page Twenty.) Thomas Ryan Not. Very HI New York, May 27.—Thomas For tune Ryan, the most powerful person ality in the tobacco trust, was, said by his physicians and his private secre tary this evening to be only tempo rarily laid up in bed. This was the physician’s bulletin: “Mr. Ryan has been suffering from a boil on his leg, which prevented his getting around. It haa been ra«acU^mrme";ger',uT4 opened ..»ll.e_wiu was shot dead in this city by Larry Martin today, Provisional Governor Gonzalez has arrived at Zatecas and will take of fice tomorrow. . Five hundred rebels, part of the band of Ansunsulo entered tws city tonight and are quartered in the bar racks. ■ Lawlessness is spreading through out the country even worse than when the rebellion was in full swing. Fighting went on last night at Du rango, Orizaba, Sultepec and Zacual- pam. The latter town is in the state of Mexico and near this city. Dispatches from Iguala, Chllpancln- go, Balsas, Mazatlan, Manjsanlllo, Co lima, Guadalajara and Zaculpam state that there are no crops and the peo ple aref acing a famine, a calamity worse than war. The inhabitants of the striken districts are asking aid of the government. REBELS ATTACKED DIAZ ESCORT fused to permit his attorney general his opeucu H«nce the lmport#nt and far reachm 1 iTivAaficrotinn whioh was beeun today, any ^ ^ •»». oi investigation which was begun today Mr. Gates back in his chair, cross ed his knees and launched forth. In 1904 I think, a syndicate took control of the majority stock of the company. There was no bonds. Grant S. Schley and Charles S. Guthrie were given authority to sell ^t. a profit but not at,a loss without con sulting the syndicate. We purchased in ‘DR. WM. H. ROCKWELL, JR. “DR. GEORGE D. STEWART.” SPECIAL AMBASSADOR" SETS SAIL FOR ENGLAND. New York, May 27.—^John Hays Hammond, special ambassador from the United States for the coronation the opett market about 200,000 shares, j of King Geoge V, sailed on the Ce- several of us taking 10,000 shares, dric for London today. He was ac- each. There were fifteen men in the syndicate. I went to Europe Jiily, 1907; returning November 6, the same year. '^‘I went to the office of Mr. Schley and found that negotiations were pend ing between Frick, Gary and Morgan companled by Mrs. Hammond, his sister. Miss M. E. Hammond, and his children, John Hays, Harrison, Na talie and Richard Hammond. “My family will stay with me dur ing the coronation,” Mr. Hammond on one side and Schley, Hanna and | said, “apd we will return during the others representing the Tennessee»first week in July. Vera Cruz, May 27.—While escort ting ex-President Diaz from the Mexi can capital to Vera Cruz yesterday the Federal troops engaged a large force rebels. The troops were successful In beating off the insurrectos who lost 30 killed. General Diaz left the train and gave orders to his soldiers during the battle. 'V " ■ Cannot Issue Extra Stock. Atlanta, May 27.—The Georgia rall-'j- road commission today returned the petition of the Atlantic, Waycross and Northern Railway Company to he al lowed to Issue bonds of $6,300,000. The commission ruled that the com pany's capital stock was too small in proportion to the proposed bond is sue. The present capital is $500,000. The object of the railway company is to connect Fort Valley with St. Mary’s harbor. Lem Johnson, pres- dent of the St. Mary’s & Kingston Railroad, is promoting the project. J. D. Travers Wins. Garden City, N. Y., May 27.-Jerome D. Travers, the veteran golfer, won the Metropolitan golf championship here this afternoon, defeating Oswalt Kirby, of Englewood, 4 up and 3 to go. Preldergast Appointed. Philadelphia, Pa., May 27.—Tlcar- General Prendengast has been appoint ed to succeed the late Archbishop Ryan of this city. Simple Life Just for the Day. Mr. H. C. Long went to Concord last ni^t to see his mother, “to lie under the big oak tree, drink out of the old gourd, sleep and eat” and in every way lead the simple life Just for ' today. THE WEATHER. Washington, May 27.—Fore cast for Sunday and Monday: North Carolina, South Caro lina, fair Sunday and probably Monday. m FRANK B. KELLOGG. Frank B. Kellogg, who prepared tf, case against the Standard Oil Cor pany. Kellogg was a farmer boy at was born at Potsdam, N. y„ in 11 At 19 he began the study of law. pite the fact that he is distinctly! corporation lawyer, he was retain«i by he government to investigate j number of the country'? large corp- ations and, since his erfcrts alot these lines, has become known as “government trusts buster.'*.
The Charlotte Observer (Charlotte, N.C.)
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May 28, 1911, edition 1
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