I Washington. July 8. Pore- ii i'V:'T'" east for North Carolina for to night and Saturday: Gener- ally fair. Light winds. . C3TABtmnED 1871, RALEIGH, N. C, FRIDAY, JULY 2, 1909. PRICE 5 CENTS ruEiiat EDITION. QTBI WATER 3TLE IN YEARS Pcc;!3 Begsn Lining IheiBanhs cflbBcilsoQ This Uornlng FUHORE OF. EXCITEMENT Big Inter-Collegiate Regatta This AT- ternooa and What Promises to be the Greatest Water Battle in Years is a iiana rive ctws vv in Kjum . pete Jn the. Contest and. They Ar Primed jfor the Race- Thousands Already on the Scene and Every Train and ' Boat Brings More, Merits of Different Crews. (By Leased Wire to The Times) How the Races Start. Freshman eight-oared race starts at 3:45 p. m. Cornell, Syracuse, Columbia. Wiscon sin, Pennsylvania. Varsity, four-oared 1 race, starts at 3 p. m. Cornell, Columbia, Syracuse, Penn sylvania. Varsity eight-oared race, starts at 5 p. m. Pennsyl vania, Wisconsin, Cornell, Syracuse, Columbia. Cornell Wins Race. (By Leased Wire to The Times.) Poughkeepsie, N. Y.. July 2 4 p. m Cornell 'is in the lead by half a length;:. Columbia second, Syracuse close behind. Cornell leads three lengths, first uoiumoia second, Syracuse tnira Pennsylvania last. A 1 Q-A will Aa Pn.nAll nnnnru r be a sure winner and Syracuse a good second. ' . , Cornell wins by four lengths ; Syra cuse second, Columbia third, Penn sylvanla fourth. Poughkeepsie, N. Y., July 2 Early this morning thousands began to line the banks of the Hudson on either side of the course of today's big in ter-colleglate regatta. What prom lses to be the greatest water battle in years is at hand and the five crews - which are to compete in the race are primed for the contest and await the call to their shells. There is a furore of excitement in this old town as eacn boat and train adds toythe thousand Already here for the long-awaited event. On all sides are flaunted the colors of the five rival crews and at every crook and turn are heard tae merits of each crew discussed and the chances of success. Cornell rules a favorite among ftie experts because the crew combines form and power. Columbia has a - nicety and smoothness of style, ex cellent management of the slides and a dash that augers well. The Syra cuse eight is made upof as fine speci mens of physical manhood as ever sat In a boat. The Salt Lake City scui lers are what is known in rowing idiom aS "sluggers". The crash of neglected slides reverbrates after - each stroke, but the way Ten Eyck's, terrors drive the shell through the - Water is a caut'on. There is not .likely to be much water between tne three boats when the finishing line is ' crossed. ,., : v If the Wisconsin Varsity eight shall bring the western college the fame of victory it will be after successful preparation marked by silence and work, silence on the part of the coach and work on the part, of the men. Making no ciaims, putting forth no - feelers, but losing no time, the Badger crew have steadily grown in the estimation of those who do more t Observing than gambling on the re sults. . . . i Mayor Sagua has.. prevented open ' pool Belling on the aces. The etuT dents,, however, gather In groups and . arrange bets and put up the money In the hands of hotel clefks and friendly storekeepers. . H stiff breeze raised the whitecaps on thesrlver during the early mprn ' Ing. hoars. It lightened cohsidar . ably around ten o'clock. It was .blowing straight southwarddown Vine course. :. . ----- .. ... Front the .various camps none but ' - the best reports came prlpt to .the houp set for1 the first race,, the var sity four at 3 p. m i The positions assigned to thft crewr were as :fol ', lews: .... y ': - . ' t First race -varsity fours, without . coxiwatn. to start at a p. tt.. one mile above' Poughtteepsle7 bridge and fin- ; V onv a eotttb oi it; " cpwii has' position No. 1, nearest v to the west shore; Columbia No.-2, Syra cuse No. 3, and Pennsylvania No. 4 Uhe fifth college has no entry in this race. : , .- : ' " . Second race--freshmen eights, to start at 8:45 p. m., same course as fours. Positions: v Cornell No. 1 Wisconsin No. 4. and. Pennsylvania No. 5. ;, ; Third race--the varsity eight, starting point a miles above bridge, near Krum Elbow; finish one mile south of bridge. Positions: Penn sylvanla No. 1; Wisconsin 2; Cornell 3; Syracuse 4, and Columbia 6. THE PRESIDENT'S SPEECH. Unless Republican Party Fulfills Its Promises It Will Become Minority ' Party. . . " Washington, July 2 The presi dent's speech at New Haven, in which he said that unless the republican party fulfilled its promises-and tne expectations of the people it would become the minority party Is still the chief topic of gossip among republt. cans in congress. The statement is taken to mean that the president will insist when the tariff bill goes into conference that the schedules be ad justed with a view to making reduc tlons, and that many of the increases made by the senate in the house bill will have to come oat. Although the progressive decline to accept the : president' proposed corporation tax. still they are much encouraged . by the New Haven speech as indicating the support of their position on the tariff measure. Nebraska Saloon Law. Omaha, Neb., July 2 Beginning this morning the saloons of Nebraska open at 7 m. and put up the shut ters at 8 p. m. This Is a result or a new law which went into effect at midnight. SUGAR TRUST AFFAIR Long Prison Terms v Face Accused Fourteen Counts In the Indictment ' and Maximum Punishment Would Be'Fine of $ 70,000 and 14 Years Imprisonment. New York, July 2 The six direc tors of the American Sugar Refining Company, and two other men, indict ed by the United States grand jury for violation of the criminal clause of the Sherman anti-trust law, today face a fine of f 70,000 and 14 years in jail. "Conspiracy In restraint of trade," the charge, against the defendants, Is a misdemeanor under the federal statute. There are 14 counts in the (indictment, the maximum punish ment for each being a fine of $5,000 and one year in prison. The men indicted are; Washing ton B. Thames, who succeeded the late Henry O. Ha vemeyer as presi dent of the trust. For years previous ly he had been a director of the com pany and influential in its affairs: Mr. Thomas is a New Englander by birth and still resides in Boston. Arthur B. Donner, who was treas urer of the trust many years under the Havemeyer administration, and recently was made vice-president. Re is regarded as one of the most expert sugar men in the world. Charles H. Senff, Who has been di rector Of the corporation many years and Is regarded as one of the shrewd est managers. He devotes himself al most exclusively to the company's ar- fairs. .. .. . ,.: -'r. ... John Mayer, who is a capitalist of large wealth. - He resides in Morris- town, N. J., and When not in Europe goes to his office at sugar trust head quarters nearly every day. George H. Frasler, whose business interests are more varied than those of his fellow directors. In addition to his large holdings of BUgar stock he is a banker at No. 50 Wall street. John E. Parsons, who 1b now 80 years old. He has been chief coun sel fpr the sugar trust since its or ganization, He is said to have re ceived . a cash fee of $200,000 for framing its articles of incorporation. Mr, Parsons has been fpr 40 years among the most prominent laymen of the Presbyterian church in thls.coun try. . He is npw one of tne pillars of the Brick Church on Fifth avenue. , Gustav Kissell, one of .- the , best known brokers In' Wall Btreets. He numbers the Vanderbllts among h;s customers and Intimate friends. Thomas Harned, a lawyer of high Standing df Philadelphia. . v Kissell Is the Wall street broker, who, acting as the secret agent of the trust, made the loan of $1,250,000 to Adolf Segal, of Philadelphia, in 1903,' by which the trust got control of one of its principal competitors the Pennsylvania Refining Company, and prevented that plant from being ope rated. - Harned was Segal's personal counsel in the negotiations with Kis sell for yie- toas. . , . , r ... SENfF E MAY VOTE ONilPOIUIION TAX TOMGRRQV MaiiagfollReceiversiiip Leaders Who Are Corporation Tax Capaign Hope for Early Voting u Wm is missed Senator Aldrich Expected Back In j Time to Confer With Both Sides Effect' of th'? Absence of Aldrich Apparent Throughout the Pro ceedings of the day-i-Phillpptne Tariff Bill Reported to the Sen ate Senator Boyburn Calls Atten tion to Defects in the Language of the Corporation Tax Measures Senator Root Suggests That ' it Would be Well for Committee to Investigate the Matfcr. (By Leased Wire to The Times) Washington, July 2. In the opin ion of the republican leaders Who are managing the campaign for the in sertion of the corporation tax in the tariff revision bill, there Is a reason able aspect for a vo ' the senate on this question tomoirow. Chair man Aldrich is expected to arrive here in time to confer with both slaee, and his influence !s recognized as all-powerful in stamping out differ ences and making, progress on the tariff bill. .- The effect of the absence of Chair man Aldrich was apparent through out the proceedings of yesterday. Although Senator Flint, of I Cali fornia, accomplished good work ilh his conferences with, the opposition antf practically had alt sides ; reao$ii agreement to vote on the corporation tax amendment on Tuesday next, the program was upset by an objaction from Senator Bulkeley, of Connecti cut, one of the "stalwart republi cans who is dissatisfied with the pro visions of the corporation tax as will affect insurance companies. The senate met at 10 o'clock and Senator Heyburn, of Idaho, reported the Philippine tariff bill, which re cently passed the house When the tariff bill was taken up Senator Heyburi called attention to what he considered serious defects in the language of the corporation tax amendment. He referred to the words, "in respect to the transaction of business" and "the capital in vested. " These phrases, he said, would not hold In a test in court, and made. It possible for the supreme court to declare the tax unconstitu tional. Senator Root expressed the opinion that the terms employed were valid, but suggested that it would be well for the committee to look into the matter. ZEPPELIN WILL DASH FOR POLE (By Cable to The Times) Berlin, July 2 Count Zeppelin is today at work on plans for his pro posed attempt to reach the north pole in his airship. The emperor accept ed protectorship over the undertaK ing, after listening to a report on the subject at Kiel by Prof. H. Hergezell, of the University of Strasburg. The plan embraces a thorough ex ploration of the polar regions by means of a Zeppelin airship, betore Undertaking to reach the pole; ; A craft of special strength will be built for, the purpose and the expedition will be fitted out under the manage ment of the count himself. : 4 The headquarters of the expedition will be at Cross Bay on the west coast of Spitsbergen. It is not -yet certain whether the voyage to the pole will be undertaken in 1910. This will depend upon the results of the preliminary voyages to the polar regions, i in order to deter mine the general feasibility or the scheme, extensive geographical and meterblogical studies are regarded as necessary before the polar venture. ? Testing Maxim-Silencer. ; Berlin, July . 2 Hudson Maxim Is showing his gun silencer to the min istry of war. Experts applied it to the Maxim machine gun and were highly satifled with the results. So also are , German artillerists. The noise, recoil and flash were annulled. Experiments will be made shortly with" big guns IS MADE PUBLIC Be Terminated Without the Organization of New Company THE PLANS PROPOSED The Plan Leaves the Common and Preferred Stock as at Present, Bat Makes Changes in the Nature of , the Stock of the Funded Debt Pro vided For the Floating Debt and Receivers Certificates Receivers Have Paid a Large Proportion of the Floating Debt Plan For the Readjustment of Other Securities. Seaboard Air Line Shall Continue Liable For All of its Just Debts. (By Leased Wire to The Times) New York, July 2 The reorganiza tion committee of the Seaboard Air Line has prepared an "adjustment plan whereby, if security holders con sent, the receivership will be termi nated without the organization of a new company and according with a minimum of expense to security hold ers. The plan leaves the common and preferred stock as at present, but makes changes in the nature of the stock of the funded debt and pro vides for the floating debt and receiv ers certificates. The only bonds on which interest is in default are $12,- 775,000 first mortgage 4's and $0,- ;345,000 general mortgage 5's. On Ifootes there is default in interest on 415,345,000 6 per cents. The receiv ers have paid a lr8e porttonrot tEe floating debt. The plan for the read justment of the other securities is given as follows in a circular mailed to security holders last night: ' "The following securities shall be paid in full with interest $7, 510000 receivers certificates and $700,000 6 per cent. 'gold notes. The following securities shall re main undisturbed: $30,400,000 un derlying divisional bonds, $10,00o, 000 ten year 5 per cent collateral trust bonds, $12,775,000 first mort gage 4 per cent bonds, $23,894,100 preferred stock, and $37,019,400 common stock. The Seaboard Air Line Railway shall continue to be liable for all Its Just debts and obligations, Including its guaranties of the bonds of the Florida Westshore Railway; Macon, Dublin and Savannah Railroad, and the Savannah and Statesboro Rail way. The $6,345,000 general mortgage 5 per cent bonds shall be exchanged dollar for dollar for adjustment bonds, part of a total issue to be au thorized of $25,000,000. These shall be cumulative income bonds. For In terest on the general mortgage 5 per cent bonds matured and to mature up to and including August 1, 1909, adjustment bonds shall be issued, dollar for dollar. . The first mortgage 4 per cent hold ers shall receive all matured and un paid interest in cash and shall agree that their bonds may be redeemed or purchased by the Seaboard Air Line Railway or its successor at par and accrued interest on any interest pay ment date. The necessary new money for the payment of .receivers certificates and other liabilities the immediate dis charge of. which the plan contem plates, shall be obtained rrom tne sale of $18,000,000 of adjustment bonds, at 70 per cent of their par value, the sale of which has been underwritten at a commission of 5 per cent. Stockholders of record at a date to be hereafter fixed shall be entitled to purchase at 70 per cent of their par value adjustment tonds to the amount of 30 per cent of the par value of the stock registered in their names. ' . - ,, The future development - of the property and the refunding of exist ing bonds shall be provided for by a refunding mortgage securing an au thorized issue of $125,000,000 of 4 per cent bonds. . It is intended to vest in the Sea board Ar Line Railway by sale, mer ge?, consolidation? or otherwise the properties of the following compa nies: -;V. ' .' V Atlantic Birmingham . ' Air Line Railway; ' Atlantic. Suwanee -River and Gulf Railway Company; Catawba Valley Railway; Florida WestshOre Railway; Plant City, Arcadia, and Gulf- Railway; , Roanoke rand Tar River Railroad Company; Seabdard and Roanoke Railroad Company; Tal lahassee, - Perry and - Southwestern Railway, and of ali .. other railway companies substantially the entire capital stock of which is owned by the Seaboard Air Line Railway, ex cept the properties of such companies as after careful investigation it ap pears more advantageous to operate under their separate organizations. THE OFFICIALS PLEASED. Deficit So Much Smaller Than Ex pected That Treasury Officials Are Gratified. (By Leased Wire to The Times) Washington, July 2 Treasury of ficials are pleased at the present showing of the government finances. Ordinarily a deficit in the govern ment revenues of $89,811,156, shown by yesterday's statement would not be a matter for congratulations, Nevertheless, at the close of the fiscal year 1909 the treasury officials ex press much gratification that the or- ficial estimate of a deficit of $114, 000,000, made last December has not been verified. SIR THOMAS GAME. May Challenge New York Yacht Club Before September. Glasgow, Scotland, July 2 Sir Thomas Lipton may challenge the New York Yacht Club before Septem ber in his efforts to lift the cup from America, according to negotiations just completed. Sir Thomas and the Ulster Yacht Club have decided to ask the New York club to make known the definite conditions under which the challenge will be received and what concessions will be granted. If the answer is favorable Sir Thomas may challenge before au tumn. Negro Lynched. (By Leased Wire to The Times) Moultrie, Ga., July 2. An un identified negro who was caught under a bed in a white man's house, at Barwick last night was lynched LEON'S BODY FOUND Was Found in the Budson River Body of Chinaman Found in the Hndspn River This Morning Pos itively Identified by Former Friend as That of Leon Ling. (By Leased Wire to The Times) New York, July 2. Edward L. Byrnes, of 479 West 135th street, a former friend of Leon Ling, who is suspected of having killed Elsie Sigel in his room at 782 Eighth avenue, called at the morgue In the Fordham Hospital to-day and pos itively identified the body of the Chinaman found in th6 Hudson River near King's bridge as that of Leon. The identification was made in the presence of more than half a dozen newspaper men. Inspector James McCafferty, of the detective bureau, announced today that he believed the body of the drowned Chinaman was that of a friend of Leon Ling, who was known to the police only as Li. McCafferty said that Li disap peared just after the body of Elsie Sigel was found. It is thought that Li was murdered at the same time Elsie Sigel was, his body taken up toward Yonkers in a trunk and then thrown into the river. Coroners' Physician Curtin, who viewed the body at the Fordham morgue to-day, supposed to be that of William Leon, says the body is not that, of a Chinese, but of a white boy. New York, July 2. Another Chinaman , assassinated was the record to-day in the Elsie Sigel trunk murder mystery. He Is the second that has been killed this week, the' other victim being Ung Yow, who was beaten and strangled to death in his laundry at 124 Stanton street. The body of the latest victim in the Sigel mystery was found in the Hudson river above King's bridge. It was at first reported that he was Leon Ling, , who is being sought by the . police as the slayer of Elsie Sigel . Persons who knew Ling de clared after looking at the body that it was not he. s Captain Carey of .the homicide bureau does not. believe it probable that the body is that of Ling. It had been in. the water about ten days when found. Ling is reported to have been seen a few days ago. The finding of the second Chinese victim deepens the Sigel murder mystery. The police are of the opin ion that this man,, as well as Ung Yow, was killed because be knew something about the tragedy and it was feared hes wpuldv turn informer. -t :u t-- Big Hotel Burned f (By Leased Wire t6 The Times) , i Lake rPlaeldrt N., X.t -July a.-MThe ftutgseaumont Hotel taught fire :at jbso ,,m, to-dy and was totally de stroyed; less- - $180,000.-' All - the guests got out safely, but many lost their , clothing and valuables. . . . CHARGES FADE BY HARMS WERE WHOLLY FALSE The Meat Inspection Law is Being Enforced to the Limit HARMS IS DISMISSED 8 cretary Wilson Today Approved the Report of the Committee That In vestigated the Charges Against East St. Louis Packing Houses No Evidence of Collusion Between Inspectors and Packers Millions of Pounds of Meat Have H n Con demned Showing That the Law la Being Enforced -to the Limit Harms and Others Are Dismissed Nothing at All Found to Substanti ate Charges. i(By Leased "Wire to The Times.) Washington, July 2. Secretary Wilson tp-day approved the report of the committee composed of A. D. Melvin, chief of the bureau of animal industry, and George P. McCabe, so licitor of the department of agricul ture, that investigated the charges made against the meat inspection service by J. F. Harms, referring especially to the East 'St. Louis sta tion, with the result that Meat in spectors Harms and Bishops and Veterinary Inspector Michael, are, summarily dismissed. The report of the committee Is very long and full of details. It gives figures to. show that from the date the meat Inspection law 'went into effect, July 1, 1906, to Decem ber 31, 1S, inspector of. the bu reau of animal Industry absolutely destroyed for food purposes 383,187 carcases of food animals in their en tirety, and during the same period the inspectors also condemned and destroyed 73,369,047 pounds of meat and meat food products. The com mittee asserts that the enormous de struction of food shows conclusively, that there is no collusion between those in charge of the enforcement of the law and the packers, and-that tne meat inspection law is being en forced to the limit. The report takes up every charge separately and shows that they were wholly false and misleading. The committee states that they were unable to secure a Single fact to substantiate the charges made by Harms. ARREST IN BOMB CASE. The Third Arrest Made in the Chicago Outrage Case. (By Leased Wire to The Times) Chicago, July 2 The third arrest in Chicago's bomb-throwing mystery came when the police took into cus tody Charles Myers, known as the "Big Jew", who will be subjected to a severe grilling today in the hope of gaining a clew to its solution. Whether Myers had any hand In the outrage No. 31 Sunday night, in which 33 persons were injured And $100,000 damage done to property Is not known. It is known,, however, that Myers boasted while drinking in a saloon of having knowledge of sev eral previous bomb explosions.. Myers denied being in any way connected with bomb outrage No. 31. CHARGED WITH MURDER, , Clominson Indicted Charged . With - , His Wife's Murder. , . . , .,, (By Leased Wire to The Tlineq.) Chicago, s July2. -An indictment charging murder has been .returned by the, grand jury here agalitsijr. Haidane Cleminson. . Experts was analyzed Mrs. , CleminaPn's stomach reported to the jury that, death, had been due to chloroform. .' - a' ,'1. When Dr. Cleminson was arrested . immediately following:, his ;! jfrfte'B , death he told the police that she was chloroformed by burglars. ...He after ward admitted , the falsity of this statement, leaving the manner of her dqath a mystery, -:LZ.:-ff-v:'-: ' TOWN DlSSTROEli,'-: Three Thousand People Are HomUoes as Result ot. Fttew-.i-S'.:.. ' v (By! Leased Wire to JThe ttlmw,H v L ; Boston, Mss.,:sJuljri:: $.-rPttv&t dispatches, received here frogi.c4,ba)t,' pnt.,, state that the entire nor&efa' section of the town.tyas d.e rayed $3; flre to-dfty and that, 8,00,3 f feotne f' less. Ope person, was , Jjurned -;.tsj death arid several injured.' it li ild P possible to estimate the financial loss B at this time.. . j t - , -:-T-' . t m