North Carolina Newspapers

OTES FOR PONY OUTFIT ON OR RENEWAL SUBSCKlP I IONS TO THE NEWS HELPS A FAVORI iE Laiest Edioin the CBAm ¥ r¥i Latest Edition OL. 43. NO. 7069 CHARLOTTE N. C., SATURDAY i,VENING‘JULY I, 1911 m Investigation if All The Express Companies oj U. S. P I In Charlotte 2 Cents a Copy aDlly—6 Cents Sunday. I Outside Charlotte 5 Cents a Copy Dally and Sunday. Motion Interstate xt Commission Der 0 Look into Ext>Tess ^ Affected by Inter- merce Laws. it inn of This Action niy of Companies / New Tariffs, Be- . h'^w Reductions, -VsEociated Piess. Ailanta, July i.—Hoke eepinK ■ 1 *T1 f' r on on its own nio- iMt on = . •mi’• n • Korg ‘f (ic;^lly , ■Rith Island, Ir „ codav was Inaugurated governor .eorgia, for the second time in afe. The inausyural ceremony v jmarkable for its simplicity \vi‘, lost a total ai-sence of show, vp -e.-s com- ' ^ iath of office was administered '-iet» affected governor by Chief Justice ■ f'e law>i, to in the j)resence of the two houses interstate legislatiire which met in joint session in the hall of the house of rep- i'esentatives. Pollowins; the delivery of the great ^>eal of Tieorgia to Governor Smith by the retiring executive. Joseph M, Brown, the former began his inaugural aidrc-ss. An informal reception in the govern- I'r'.. offit-e concluded the ceremony. In his address Governor Smith rec- i ii.m-iided the appointment of coni- i;:i»sions to vemodel the insurance, 1-anking and corporation laws of the S'afe: the extension of the Western ^ Vdantic railroad to the ocean; the • creation of a highway commission “vgo a number of ^ biireau of h^.bor; the holding of ' r =T-. a ions elections in November and the :IP.-. t!,c commie- payment of managers of state wide pri- cs'tiiation into diaries by the state instead of by the - of r e express '“andidates; legislation remodelling the state’s school system and the furnish ing to farmers of information neces sary to enable them to develop the ag ricultural IntereatB of the state. iTu; r ti ed new ' ved o show i • .- -id tn- 'f' -e .-(’vera! ’ T rnt-T w.:h i ''P. 1' ed rhrt the fll- t vo’i'd aot affect ^♦Igacion in any ■ xprf^ss "ompanics is conducted.” 1 express ra^ps flied ! • ■ he Important only ■ f V hat are known ''’^n'ion rates that ■ - I- wh'iCh shM>- ! »'• com, -nies to raff's long have -i a e of weights ■rder today the .1' Inquiry is 'ne whether such regulations or 'f ’hem are unjust . ^ . ’■ unUii^tlv dlscrlmln-' Atlanta, G., July 1.—-The feature of ■ 'rer.Mai or prejudi'' Inauguration ceremonies w'hich fn \iolatlon of the ’ place at the state capltol today a f and to determine i the address of Governor Hoke :h:»dp ir which the Smith, delivered in the haH of repre sentatives, in the presence of the house and senate, and a gallery filled to overflowing with visitors, among whom were many brightly-gowned women. Governor Smith, accompanied by ’ms brother, Ritrfon Smi*h, his sor, - I his .‘uir in-lav.' Hoi.aicl RF.abOf.i, and one or two other Intimate friends went quietly to the capitol shortly be fore noon and met Governor Brow^n in the executive offices, where an ex- i bange of salutations took place, after vliicli the two governors, one retiring, the o'her entering upon the duties of of t-ftir-e. walked side by side, heading the procession to the hall. Dr. Patten, I ’v.en's des'in- of Decatur, pronoimced the invocation. « v.‘‘Mld he two President John M. Slaton, of the sen- f ' pr-M'Osed ate presided over the ceremonies, and . w»uld be thi' oatji was administered by Chief Justice Fish, of the supreme court, af- , ter whi«'h the great seal of the state, i handed by Secretary Phil Cook to Gov- ' ernor Brown was formally turned over ^ by him to his successor. After this solemn ceremony, Gover nor Smith delivered his address, whicii is practically a message to the ! legislature, asking its co-operation in i ^ ai rying out the i;lans and reforms for 1 which has stood. .\fter expressing the hope that the ]ires*^nt session of the legislature would cf>nt'’ibute notably to the welfare and pp'-manent progress of the common- V f'alth. Governor Smith referred to the ' rranchise amendiuent of the constitu tion by the 1HO7-190X legislature, which he regarded of far-reching value not ":!rrd MO'Uid i^ack- : ir • ,nce, by the .to a iunci i'»n jt. = F.xp-ress d.-lli r from ‘hat per cent. Train Robbed In hue Vestein Style By Bold Bandits ^ V* TEACHING THE ELEPHANT THE RENOMlNATiCN RAG. Report Tiust On Steel Shows Its Tremendous Earnings Govemoj Smith May Be Senatoi There was sharp ^competition modi fied by frequent pools of gre;-tev or less duration and effectiveness.^’ Era of Combinations. Then came an era of great com- binatioiis, the report continues, with capitalizations ranging from $30,000,- 000 to 3^100,000,000. mergers of many sma-ller companies, which, instead of eliminating competition threatened to bring price-cutting on a larger scale than ever before. In 1899-1900 there were three great comi>anies— the Carnegie company. Federal Steel and National steel—dominating the 'ttlement voters, etc.. he commended to the sup-1 production of crude and semi-flnished a’l indications port of the present legislature, believ-six concerns—the e !y the inem- ,y,at they might be improved with; /^^lerican Steel & Wire, American Tin work’ngmens’ aid experieu(“e. but urging that | American Steel Hoop, Amevi- T »ia> - reports t ai =^rts em- a'f'ne at the ballot box but ia the solu- a it> of th#> tion of the race problem. This and ni :'^ in fhe (i)p laws covering the registration of a ' " By .Associated Press. Washington. July ].—Restriction of competition is declared to have been the prime object of the organizers of the United States Steel Corporation, which, capitalized at $1,402,000,000, had tangible property w’orth only $682,000,- 000. T'e rorporaMnn. uaued itS ef/oi.K .o ui-' j.iup- erties, now owns 75 per ^ent of the Lake ores, upon which the present steel industry is based. These are some of the conclusions reached in the long-expected report of the com missioner of corporations, Herbert Knox Smith, on the steel indu.stry, part one of which was submitted to the president yesterday. Discussing in detail how “the im pending struggle of the giants” was averted almost over-night ))v ,the for mation of the great combination of combinations, taking in 250 subsidiary companies controlling 60 per cent of the total crude and finished steel pro duction of the country, the report says: “Tntil 1898, the bulk of the busi ness was distributed among a very considerable nimiber of Atlanta, July 1.—Present belief in Atlanta is that Governor Hoke Smith will be elected United States senator on the first or second ballot by the general assembly. Tht he ^111 be elected on the first ballot seems doubtful as many localities have their “favorite sons” in the race, who will be given complimentary votes. A scat tering vote to Stovall. Covington, Mc- Lendon^ and others together wiiU the Terrell vote may prevent the neces sary majority on the first ballot, but that it will come inevitabW -.ov; seems a safe prediction. All sails are being trimmed that way. PeoijJe are already begipning^ ta^k Thi> invoives, howe .er. tne reduc-1 tho'td :t 1 ha* Hoke Sn iili S.ireAd/ tiation of the industry under con trol of a single concern gives to it a monopolistic power over prices and production, this may r-isult in an in crease in its earning ]>»■ wer and con- sequen*:ly in an incrcK. -;;' in its value as a glowing concern. rar-Rsach.inr O- •icion. Neai Riot At State Reformatory By A-sociated Press. Ijos Angeies, Cal.. July 1.—Following a day of uproar at the Whittier State School, a reformatory institution, sev en girl inmates were brought here last night and locked up in the county jail. Search for knives and hatchets, with which some of the giiis had arm ed themselves, is being conducted at the institution. Most of the guards have been with drawn from the boy’s department of the school to reinforce those assigned to watch the girl inmates and seven deputy sheriffs have gone from here to increase the boy’s guard. Trouble started when Rose Driscoll, declared to be an exceptionally incor rigible inmate, escaped Tuesday night and was brought back. Upon her re turn other girls claiming that she had been handled with unreasonable rough ness by Night Watchman F. M. Bart ley, who caught her, started a demon stration. arousing the neighborhood with cries and howls, which continued imtil long aftern midnight. Yesterday the girls became unruly' again. Windows were smashed, the dishes in the giils’ department w'ere broken and the kitchen range was re duced to scrap iron. Watchman Bart ley resigned. Efforts are being made to keep the boy inmates in ignorance of the situation. ir ':iring 'I' n T h f' r^'ates* industrial workers of *he - e been in- tion of actual or potential competi tion. To allow a single company which has secured the bulk of a given industry credit for such merger value as a basis on which to earn profits raises, therefore, a question of far-reaching j)ublic policy. To regard a valuation so arrived at as justifying such profits under these conditions would be reasoning in a circle, be cause the real question is whether the profits themselves, used to determine! the capitalization, were reasonab’^.” Since the corporation has been di recting its efforts particularly toward acquiring and extending complete contfol over ore properties its percent age of production has decreased. As against 60 per cent of all crude and finished production in 1901, says the concerns, rg-ort, the corporation now has not much over 50 per cent “indicating con clusively the continuous presence of strong and increasing independent production.” How’ever, the commissioner finds that competition, so far as price.^ are concerned, has been modified b.v the policy of ‘corporation,’ inau.gurated at the ‘Gary dinners.’ about which so much has been said before the con- grpssional steel investigating com mittee. The present valuation of the com bine’s tangible property is placed at $1,187,000,000 as against $1,468,000,000 outstanding securities, an increase ol about $487,000,000 in property while only about $66,000,000 has l>een added to capitali7:ation. Reviewing the combine’s presc at position In the indu.'’try the rej'ort says that from the beginning ^he c.r- poration has overshado^ved its pnnci pal rivals, even exceedii^g a big figure at Washington, aith thst with Senator Bacon and Senator '^? jiitti, Georgia will have a representatfon of an acknowledged w'ei:;ht equal to that of any other state in the union. Hoke Smith, on account of h’'=s ser vices as a member of the Cleveland cabinet, and for what he hL.s accom plished in Gecrsia, is regarded at the national capital as one of the greatest modern Southerners. •nd the Woman Mayor Busy. Hunnew'ell, Kas., Jul.y 1.—Mrs. Ella Wilson, the woman mayor of this city, says that she wil hold a council meet ing next Monday evening at which all members of her council will be pres ent. She has just received advices from Governor Stubbs to the effect that if any of her councilmen refuse to attend the meeting duly called, she is to arrest the mand place them tm- der bond to appear at this and subse- quenf meetings. gen- ’ be- New ’ re- rosy ^om-1 ( hange bo made that would inter-! Sheet Steel. National Tube ■ >r the trann- y.ith their effiicency. 'American Bridge—controlling i upwards of connection he suggested the: jjg^ter finished products. •heir part to abndoning of October elections, the i ^his was the period when the rriker^ would election of state house officers i «g^j.„ggig of the giants” was impend- to be held in the November election, 1 g^d w’hen the formation of the when congressmen are elected. | iTnited States Steel Corporation was Te governor referred to the rail-1 (.^nceived and brought about. All road commission law adopted in , ^ine of the companies named v.’ere whicli he said had made it possible for | combined and, later, the I nion Steel] the commission to render broader and company, the Clalrion Steel com-i — . valuble service to the public. He | pany and. in 1907, the Tennessee | per cent of the lake ores in \s h ._L t .lo ^tcs Strike 1 Hunger is t 1 • ^;tri}'• Bitua- ^ ..f women and ! '■ 1 I |.recipi- I akin to n of |ifU'e that Lopd'*n and all of its competitors combined and'while in the ten years of operation its control of prodiiction has dropped from -iO per cent approximately, its iiosition lu ore reserves is much stronger. The advantage of controllini i-; rged on the legislature a policy which ; Coal, Iron & Railroad company, were j Industry is based, is ^ , i mid not hamper the railroad commis-1 taken over. The promoting syndiotcj hanced by extensive contiol of i . • L discharge of Its duty. | p„tting the deal through netted $62, transportation from the nunes u e. fi 'ha • *he price has h of 'he p*'or. are closed and o I'l'iain more u ■ion in further discharge He bellpved that freight rates to and frnm the ports of Georgia to all inter- i.,r points In Georgia should be care- fiill.v revised by the commission putting 500,000 in cash. During the ten years of its opera^ tion, the report says, the steel trust , has paid average annual profits or Referring to the convict system Gov-i „er cent on the money invested. ' rr, «?niifh declared the belief that, this connection attention is calleu h i fnanv eood people opposed the the fact that a considerable part i the time iow at least 90 | the investment is in undeveloped ' ^ ^ of all Georgians realized its i unworked properties of all ueorg a , dividends from paying properties -d. ‘ Kenems. He Joined the recommenda tion for the creation of a state hlgh- an inror- wav commission, a non-polltlcal body, 7d 1 whose office wotild be a clearing house 12 In to ot or that '^SeUV'information and co-operation counties in Georgia for for "‘tte Dispute I \frer ;n I ‘.I fi n t h 1-.- pK'^'ting of t he various to udiiiH hp set-' their road building. ‘ -i H I He urged the passage at this session " ^ ' !of an antl-lobbylnn bill. He recom- EXTILE MEN j mended the creation of an a ® EXTILE MtN Ipartment. He urged revisions which GREENVILLE., panm^e^^. public school teachers 'their pav when it Is due. He urged M’he an- , the changing of the date of the inaug- urallon /"''f who p ?hfs afternoon uary in order that the g , ’ »;-«) men present. Ms required to manage, should ever tent, the finances of the m-fiinK Ilelegatep I be able to take fiscal i,H= lieorgia, Alabm'at the commencement of the fisca I year and not at the middle of It^ He p ib 'rations and ^np iiJh eT.\‘'.loTot,FaTore'i the extension of the We.tem Continued on Page Nine. = G IN . July 1. i i ■i f'.‘ ! Htl'l . t number that rr here. Representa-1 sup- - recommended the lease rathe here. The meet-! sale of the governor’s^ manslon^^ He must be much larger than tiie aver age would indicate. Book Valuation. . Insisting upon computing profits upon a tangible property value ba^ia, the report says that the steel coi- poration in defending its book valua tion undoubtedly would claim that there was a “merger value.” As to this, the commissioner says: “It is probably true that the va rious properties acquired by the steel corporation, taken together with ‘he organization of this company as a growing concern, do uave a value In excess of the sum of their values as separate entities. The co-ordination and integration made possible by the combination of such properties under a single control undoubtedly tend to reduce costs either through econo mies or through removing the neces sity of paying profits to others. "Further- in bo far as the concen lakes. . I In his letter accompanying the re-i port Commissioner Smith savs that ini capacity rather than in actual inoauc-j tion. the corporation is matenall> j stronger than the production figure->. big AMUSEMENT RESORT THREATENED BY FIRE. By Associated Press. Chicago, July 1.—River View' Park, one of the largest amusement places in the west, was threatened with de struction by fire, believed to be of in cendiary origin early today. Half a dozen concessions were destroyed with an estimated loss of $20,000. The fire started in a vacant store just outside the park and spread in side the grounds. _ Miss Anna West, night nurse in the baby incubator, who was sleeping on the grounds, was th,e first to give the alarm. She succeeded in removing her ten charges to a place, of safety before the blaze gained headway. Shortly after the firemen arrived the flames burned down a telegraph ]X)st, carrying with it electric and telephone wires and for some time the district was In darkness as a result. I mm cssE By Aesoci-ated Pn^-^s. Washington, —nly 1.—Miss, ^"'ran- e>s S. Carroll, telephonfe) operator •Uff} office xiif Hiciestl*niii- ber Com pan .'- .iad the Astinct9on to- ’.ay of being'ciie tirst woman tc talc'e the -witness stand in thfc piy&etlt Lorimer inquiry. Slie testified regard ing telephone conver?stions held by Edward Jjnos on May 26, the day Senator (..oriiner elected. “It would be umcnlsnt for a tleman to ask a laay hev age, gan Attorney Edgar Farrar, of Orleans, ratiier helplessly. “Judge. 1 am of legal age, sponded the witness with cheeks heightening in color. The witness said slie had been with the lumber company for ten years. She read her record of long distance calls on May 26. Among the entries was “Governor Deneen at Springfield to Mr. Himes, 10:25 to 10:2;*,’’ and “Mr. Lor imer at Springfield to .Mr. Himes 1 I :40 lo 11:42. These dates corresiiond with Hines testimony regarding the tele phone conversations. Miss Carroll said that Mr. Hines talked to Governor Den een from the Continental bank. Miss Carroll declared that she over heard the conversation between Gov ernor Deneen and Mr. Hines ami de tailed it practically as Mr. Hines had described it. She denied that Mr. Hines said he would go to Springfield with all the money needed to elect Lorimer as others have testified. "Can v’ou t:ay why you remember this conversation?’ inquired Attorney Farrar. “Well, as it was the first lime 1 had »v\' heard Governor Deneen on the wire, I listened." Then after a j)ause she added: “I have lived in Senator Lorimer district and know his family and it certainly was a very interesting con versation and 1 paid particular at tention to it.’’ j ■ Attorney' .1. J. Healy, for the com- i mittee. ^loss-examined the witnei-'s. He asked her if she could recall r of the other eight long distance eighty odd local calls through her ex- ciiange on that day. She could not. '■ She could not remember EX-GOVERNOR HOKE SMITH Ex-Governor Hoke Smith, of Georgia, who, it! s predicted, will be Selected by the general assembly of Georgia, which convenes in annual session at Atlanta today (June 27th), to fill the vacancy in the United States senate, j caused by the death of Senator A. S.' Clay. Under the law, the legislature wil! have to select someone to fill the remainder of Clay’s term, over four years. A bitter contest is ex pected. It is generally expected, how ever, that Hoke Smith, who has been elc,cted successor to Governor Joseph M. Brown, will be named for the vacant seat, though Smith has not said that he is a. candidate what kind of a day May 26 was. She testified that the first time her attention w'as directed to the conversation was "when Mr. Cook testified before the Helm comn • tee,” 23 months after ward. ^ ,, ... Mr. Healey —' ed Miss Carroll it she could rpca.i the dates and sub stance of a^v other long distance con versation Mr. Hines had had during the ten vears of her employment. She could not recall any except two. “Why do these two stand out above all others that you can remem ber?’’ "Principally because of Mr. Deneen. what Mr. Cook res-tified to, and in torest in Mrfi Lorimer.’’ Miss Carroll explained that she was not personally acquainted witii the Lorimers, but was a communicant at the chu’ch in which Mrs. Lorimer sang. Mail Clerk Shot And Badly Injured 'While Conductor and Others Were Injured by Hold Up Artists —Cars Looted, Great Crowd of Farmers And Officers Of The Law Are to day Scouring the Country For Some Trace oj Robbers, Hy Associated Press. Erie, Pa., July 1.—A hundred or more farmer.^, every availabl* police officer in the county and I'tat» i.ohce are searching today for the tfain rob bers who last night held up and rob bed train Xuniber 41 on the Philadel- Ijhia and Erie branch of the Pennsyl- v^ania lines in the most approved style of the wild west. The train was bound from Philadel phia for Chicago and was brought to a stop shortly before 10 o’clock against ties and telephone poles piled on the track at Wesleyv’ille. about five miles from this city. The bandits rifled the mail and express cars rjefore they es caped, the mail clerk was shot and seriously woundea, the conductor was stoned and many passengers had nar row escapes from death or wounds by bullets. The men who are searching for the robbers are heavily armed and an en counter with any of the bandits will result in bloodshed. The panic strick en passengers tell conflicting stories as to the number of robbers, but all agree that they were masked. Some say there were six, others t?n. No accurate information Is obtaina ble as to the amount of loot the rob bers secured. Reports that they got $25,000 which was being shipped to this city by Adams Express were denied hy th« express company as well as railroad officials. The train was rounding Five-Mil® curve at reduced speed when Engineer Albert Carey, who was responsible foy* five hitndred or more passengerR train carried, saw' the obstruction on the track in tine reflection of the head- lijght. The locomotive dashed into the l>ile of timber and came to a stop. the train been running at any "Kind of speed it would have been hurl ed. over the outer side of the curv^, down an emhaii'kiT»«J3t tC' feot below. - , As the train stopped one of the rob bers boarded the locomotive. Carey jumped to the floor of .the cab from his riding seat and hurled coal at the man. The bandit fired and Carey leaped to the ground. Struggled with the robber until another came up and threw Carey over the embankment. His clothing caught on a protruding plank and he escaped with a wrenched back. C. H. Block, of this city, one of the mail clerks, was first warned by the smashing of the mail car door. The gan.g immediately opened fire on him. He drew two guns and emptied both at the robbers before he felt witU a bullet through his hip. He is in a hospital here in a serious condition. Conductor H. D. Rooney crawled to a farm house. He was chased by a por.see of farmers who thought him one of the robbers and he sought re fuge in a tree. The farmers, with lanterns, discovered their mistake und Rooney got to a telephone and noti- fled tiie railroad officials here, who dispatched officers on a switch en- ,gine. 1'he passengers, when they learned they were participating in a hold-up of yellow novel magnitude, became panic stricken. Women screauied I’ysterl- cally and fainted. Head'? thrust from the windows were hastilv pulled hack and those that ventured to leave has tened within the car when dozena of shots were fired along t.he line of the train. None of the paiisengers, how ever. were hit by the bullets, but the express a,g?nt on the tram. .James Hart, received a bullet in the side and was brought to a hospital here. Carl O. Anderson, of Renova, Pa., a salesman, grappled with one of the holdup men and was hurled o^er a steep embankment. He v.’^as raved from serious injury by catching on a bush and is at a hotel here with se vere bruises and cuts. Anderson says the man he tackled was an Italian. Paid For His Bride In Ponies i'.v Surplus in Treasury. Associated Press. W.-ishing'f n, July 1.—Ksvisen pfeii- By Assocrated Press. Kansas City, July 1.—Following a ten days feast at their home near Pawhuska, Okla., where they were married according to the tribal rites of the Indians, Louise Bacon-Rind, 14 years old, and Charley Lookout, 18 years old, came here yesterday to fulfill the legal requirements of the marriage at whic’n a justice of the peace ofl^ciated. Eighteen ponies was the price paid by Lookout for liis bride. mates indicate that the closing of the fiscal year 1911 today, will find the Governor Smith to Live at Home. Atlanta, Ga., July 1.—Governor Smith will not occupy the executive mansion on Peachtree street, but will lederal continue to reside his own home, of approximated $-3 000.000 on a i Peachtree.^Mr.'Smith doesn’t dinary accounts^ Si !ndi-aS that! think it would be wise to move m there ""will oe' no total deficit on ac-1 pending the negotiations for the leas® ama count ofrcanil operati' n. or sale of the property.