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No. 60. :
NEW DERITr CRAVEN COUinY. NC.. FRIDAY OCTOBER 25. 1907 SECOND SECTION-
30th YEAR
77 -
V
fosmeeoiof
RAILROADOPEIilaG
Found Expedient Under C i"
cunistances to Change the
Date Until Novcm be
DELEGATES MOH
' to ees mm'
New Recruits to the Penitentiary.
Bible Easy Solution of the Railway
- Bate Case, Successful Bevl- '
vah State Fair for Color-
' " ed . People 1 i Full :
i
Swing. Goiernpr
Glenn Made . - ;
.;:N .r Speech. ' v -''
Special Correspondence.
Raleigh, N. C, October 22. A short
postponement ct the date for the cele
bration of the, completion of the Norj
folk and Soulborn Railway betwo.-n
Raleigh and Washington. Vice Pres
ident M. K. King Will be here, tomor
row to confer with your correspond
ent regardinB the matter, A telegram
from him says that President Gannon
cannot bo in Washington October 80,
and it ts lniptant that an efforl be
made to fix another date In the fol
lowing week. Youri correspondent
had a conference with Governor Glenn
this morning, and the Governor finds
sthat while he has ho engagements
next week all his time is takn the
following week, his first clear date
therefore being November Jlth, 'Other
ift"lear dates being the 13th and 14th.
Tomorrow everythingiwill be doflnlte-
ly arranged. V'V''"'' ' :. ':'"". :
Captain Robert II. Crooks, ths su
perintendent rf tho' county hsV-io, wto
has sensed so faithfully in hat' po
.sitlon for many years, Is 'qulto-slck,
there. He Is ereatly. loved by the
veterans and by the Raleigh public
and all hope for his speedy recovery.
.The governor appoints as delegates
to the 10th annual session of the
American Mining Congress aCJoplln,
Missouri, November iftfi"to"lGth, "ex
State Geologist Joseph" A. : Holmes,
State Geologist, Joseph.Hyde- Pratt,
T. R. HwllU Thomas Woodroffe; and
Robert, LaSalter -. '
Sheriff Fitrh of Haywood county,
today brcsactlwo- white men, M. K.
Suitor, and Joseph Uregory.j: to the
penitentiary, to serve kwo years for
breaking Into and robBing a railway
warehouEe. '
Things look more hopeful for an ar
rangement as to the Southern Rail
way rate caso. JToday'a, Tumor. ran
around 'that some kindf of an agree
ment was 'in sight and that author-
Itles representing the State, for exy
ample, Governor Glenri -and certain
of his attorneys and President Spen- j
cer, vice-president Andrews,) and oth- I
er officials' of the Southern Railway
might soou go to Wnahiostou, There
has been a good deal, of talk about
the putting of vice-presldentHndrews
on the witness stand and some papers
have Intimated that th! Is a great
'mistake and that of course he will be
put on the witue3j stapiK It is re-
marked tharth'ere waa' nothing of the
"TenderfooCas to thUL matter on
the part of the State anil it was add
d that all necessary to be done Is
to satisfy the authorities .that the peo-
pie demand 4t. This seems to be the
keynote of the whole akalr. It was
'remarked today that scjiiethTITs . very
Important would "deveWp from this
visit to Washington and that the State
. as was renmrked, would do as Presi
dent Roosevelt did,, eatt.isar. liver."
Perhaps thio was a Very ' good way
to out In? tn..Uer. XM sorts of in-
quiriea ,y !v .'as date cf the Washing
ton KctUr.; cr coufereujcef.or what
ever it may be termed ; brought no
answer. Mention has already boon
made of the fact that the conference
which attorneys expected to have
here with Governor Glenn tonight to
this wfek bCRin- thetr study of the
document and make tluilr prepara
tlons to combat the arguments ad
vanced. The bill will noi be filed In
the court of appeals, hpwevtr, be
fore December 1. Included In the bill
as Riven to Mr. Sims, is a copy of At
torney General Bonaparte's letter to
the District Attorney, which was read
In Judge landls' court at the ti.no
tlie inmimiiiy matler was daily diii-
posed of. This Riules Ihut tlie agree
nient was made previous to the be
f;ii:nmg or tuo trial, 'lite attorneys
nrgue that If they had be.'-n Inform-
ed of the agreement under 'whjch tlio
Alton ollioiau tuoK tne wkhhs stand
- they would iiaveqiieslionul them d!f-
f i-ently.
The rolore:! Stiite Fair Was formal-
ly opened nt noon today.: Tomorrow
Covelior (lli'lin will Hpcuk to (lie col
ore 1 faririerH tlierc1. The ruliiriil Ai;-
iltural .'ul Me. hanie
lioro inake.i a v
;t end revi'i'iil :!:!;
an lii-re.
:t! Colle:,e at
ry Ri-eal ex'
s of lta Klu-
vill ahelipt to
" ESCAPE FIIIE
Standad Oil Tn t Attorneys
P cp no Bill lor Effective
Use
-TOT FIVE ; .
z fc:::ts i:i ::::.:e::t,
Pns-Government Attorneys Take Copy el
Bill to Determine Points. . Con.
" gtltntionalily of Elkins Act "
Attacked. . N umber of
Violations Sot Cor-
rectly Com.
' puted.
Chicago, October 22. The. Inter
Ocean, says today: " . .
"Plans fors tlie tremendous effort
that will "be made by attorneya" for
the Standard Oil' Company to have
the $29,240,000 fine Imposed Jy Judge
Landls wiped out by the United States
Circuit Court of Appeals were dis
cussed yesterday. Twenty-five main
points, each of which the attorneys
'will rsue is sufficient to have the
record breaking fine declared voldi
will be advanced when the case comes
to trial In January. The principal ar
gument Will be: ;','" 1
1. That the Government attorneys
failed to inform the defense at the
Alton immunity agreement-
i."2. That the Elkins, act, under which
the conviction was secured, was un
constitutional.' "3. That as the Hepburn act , was
passed before indictments were re
turned, prosecution under the pro-
Visions of the Elkins law was ?tlle-
gal. - ' . . v .
"4. That Judge Landls did not com
pute the number of violations correct-
"5. That certain evidence should not
have been admitted.
"6. That the Standard Oil Company
accepted the rates in question with
the understanding that they were au
thorkej rales. x . ; ) . .. :
"A copy of tlie bill has been given
to United States District Attorney
Sims and special Assistant District
Tttorney Wllkerson and Parkins, wil!
decide upon the further steps to Ik
taken had been postponed. The ab
sence of ex-Governor Aycock, so ln
portant an attorney was given as ont
of the "reasons for Che postponement.
.'This; Is the fifth week of the Revi
val Meeting by Rev.-JP, G. Elson, h
the Fayetteyille Street Baptist Churcf
here, and during that time 74 persont
hare Joined the church.
''In attacking the. constitutionality
of the Elkins act and in contending
that the passage of the Hepburn law
made it unlawful to prosecute for vio
lations of the repealed Elkins meas
ure the Standard Oil attorneys hope.
tn the vent of a favorable decision, to
furnish a 'basis; for freeing the com
pany from numerous other suits now
pending, i ;
"It will bo contended ttat Judge
Landls falle.l to compute the numbei
of violations correctly. Instead pi
each shinment constituting a viola
tion the defense will claim that either
the number of settlements between
the company and railroad, or less the
number of times the rate was grant
ed should be the only things consld-
edcr. ' ':-. ;
. "In the one case the number of vio
lations would be about 300, "while In
the other It would be reduced to only
3. Conviction was secured in 1,542
violations. . " ' - ,,
"Other arguments that will be ad
vanced are mainly those introduced
at the first trial."
Disastrous Earthquake In Italy.
Special to Journal.
Calabria Province, Italy, Octobr 24
At six o'clock this morning two dis
tinct shocks of earthquake were very
'strongly felt and the city was a wreck
scarcely a house but was affected.
People fieolng from their houses were
struck l.v falling oblects. Some were
.killed. Many were Injured and prop-
'..eKy to the extent of hundreds of
thouflani's of dollars has been ruined
n knowing whether -.the league
formed f.f three South Carolina town
an,j three North Carolina teams will
- knock cut the proposed North Caro-
- ja league or not,
Another Confederate relic has been
added to the collection in the Halt of
History herethis being preHented by
jir, n. W. West, a Confederate veter-
au 0f this county. It la a parasol
made In 18M, an old frame with
,vlul;t)one rlba belnR used, this being
covered with fin old silk dress liut-
teni la recovering thia. It shows
very plaiuly tlie stress of thone tiy-
Ing time. The imraaol U Very small, j
l.i really a Hini-r'ndo t V 9 ) .t- ,
tern cf nlMiitl 1 ' i, t'( ' ' 1 1
l-n 1 ' F-t l-y i! i i r
! i I f 1 : . -
suogestiq::s of
KXIlI
In Regard to the Railway Rate
Case to be Heard Next
Week
CELECITES mLV - t
; cr.n m in
CoL Camera Elected, Tfts&wt Xa
tional Farmers CengrHS. Syiols
.Interest I Peace Jaitltita.'
1 Conference Betweea The
' Executive Cemmitteet
,ef Bex Hospital.- ...
u4 State He. -'
N - ' teal Scheel
Special Correspondence, ' ' -
Raleigh, N. CVctober 2J. MenUon
has been made of the fact that fcext
Monday , the Souther Railway rate
Investigation will be resumed at Wash
lngtoa before Standing Master Mont
gomery. The air yesterday and today
was full of hints of a compromise be
tween the State and the road, and yt
no one In authority would say any
thing about It It Is one of those curi
ous rumors which lingers In the air
and remains persistent, It to there
fore' all guess work as to what will
be done next week. Some have been
said that another rate might be fixed
than the 2 1-4 cent but there Is none
in this. That rate bill-in all proba
bility will etand as it Is. - . : i
Col, Benefaan Comeron ' baa been
elected president for the next two
yeartNol the Farmer! National Con
gress, which is In session at Oklaho
ma City. He has been vice-president
two years.. - '."''jf -'y,',- :-r'-
Ex-Judge Robert" W. Winston, Is
preparing a life of Edwin Fuller, a
North Carolina poet of repute. three
hundred sketches of southern writers
are thus to be prepared for publica-
Uon.';;';;."',v;:.;
Today there wae-a conference be
tween members of the executive com
mittee of the' Rex Hospital here and
of the State University Medical School
it Raleigh. A desire of the Medical
Board is that the hospital shall make
start to Induce the trustees to
jay what they' will do Ui the way of
srectingt new building, "which will
iiso contain quarters ior we aieoiw
School. The tatter now occupies a
eased building which la not conven-
ent in many respects and the hospital
s In aa old frame building, by no
means suited to its purposes, the
house having been buHt three quar
ters of a century ago, ana ue aaai
tlons to It being necessarily of a more
or less temporary character. ; ;
Governor Glenn appoints the follow
Ing delegates to the National Drain
tge Association; which meets In Bal
Jmorv November 26 27; '. Congress-
nen John H, Small, Charles R. Thpm-
is, knuVH. I Godwin. State Geologist
f. H, Pratt, Secretary of State J. Bry
an Grimes, Frank Wood; Thomas W.
Olouttt, Mark Majette, H. C Carter,
James A. Bryan, J. Allen Taylor, .and
W. C. Rodman, f
Among today's visitors here was ex
hist Ice Robert' M. Douglas, who paid
31s respects to the governor.
Corporation Commissioner Rogers
left today tor Wadesboro, to- hear
petition for a union station there to
be built Jointly by the Seaboard Air
Une and Atlantic Coast Line Hall
ways. x -'"'
Corporation Commissioner Bedding-
field, goes to 'Greensboro to hear
complaint aa to the . assesment of
standing timber lands..' He bears this
as a member of the State Tax Commls
slon. It being an appeal from the as
sessment made -by the county board
of tax equalization The complain
ants set put that the assessment la ex
cesslve. There have been relatively
very low complaints of assesment this
year. ' -k -
Roosevelt Will Say Neither Tea Ker
Special to Journal. " . .
Washington, D. O. October 24. Re
porters have been endeavoring to se
cure some statement . regtrdln
President Roosevelt's third term can'
Sldacy, but he will not afilrm or deny
the talk. , " :
Busiard Vot Ueal'y I let.
Special to Journal. , ' '." "
CorMn, Ky., October 24. An Ital
lan section hand killed a buzzard yes-
terday and cooked the bU I, servln
It with dumplings. Three o " fr Ital
lans partook with Mm of t' . meal
ImniiKately afterward !1 f ;r
came violently 111. An hour h.fer
host died la.gret 'ar.'ny, and
countrymen are t t f . ' 1 to
cover. ' .
le
f e
Li
r-
In
i V
ft In
'i r
Ll Mta likUUIL
Ke Time WIO Be Lost in MaktngNec
' essary Arrangements for Their
I - Construction. v
For the second time in seven months
the New Bern Cotton OH and Fertil
izer Mills has suffered by fire. ' As
the Journal 'reported In, yesterday's i
Issue, the gin house of that corpora
tion 'was destroyed at one o'clock yes
terday morning.. The fire gained rap
Idly and before' either fire company
had arrived the building wa doomed.
The dry condition of all material made
tt easy food tor the fire. The flames
were fanned Into a fury by the breeze
which blew from the northeast, and
was the means of scattering the em
bers tar and wide, and placing the bal
anoe of the plant and cars, which were
in the yard in extreme' Jeopardy. '.
The gallant fight of the fire-laddles
Is Worthy of more than passing notice.
They were handicapped by a very In
sufficient pressure, and but for this
failure they would have been enabled
to- put the fire under control before.
As It. Was, they subdued the flames in
wonderfully short time. A good
specimen of their ' work was ; on ' the
ears which repeatedly caught on fire
being right abreast of the fiercest
of the conflagration. The wonder Is
that they were not all consumed. The
saving of the water tank was a feat
hard to accomplish, but by taking;
great risks, two firemen went up the
ladder a distance of thirty or forty
feet from the ground and put out the
fire which would undoubtedly have
caused much damage. '.' -
Enquiry yesterday failed to reveal
the origin of the fire. The place Is
remote from the boiler room, and It
could not possibly have caught from
that source; there was no other fire
of any description around the place,
consequently the real origin of the
fire la as much of a mystery to the
proprietors as to others.. There were
10 or 15 bales of cotton, all of which
were more or less burned. 'The loss
la provided for by Insurance. :
With characteristic, "energy , the
company will begin as soon, as possi
ble to rebuild and will push the con
struction rapidly In order that they
may lose as little Urn as possible.
They had but Just completed the re
pairs from the first fire, when this
occurred. They have the sympathy of
the public In their "misfortunes.
LUTfflBEBGO SOUTH
. Ill EEE1T NUMBERS
This State Harbors Many Who Seek
Mnd Winter Climate. ..
Special Correspondence.
Raleigh, N. C., October 24. An un
usually large, number ; of people from
the north It seems, are to come to
the State this season. Latters from
various points in the north Indicates
as much. Last winter was very se
vere there, but mild here and several
of the letter writers cay they -fear a
heavy , winter In their section, and so
desire to come south early. Hereto
fore they have been going rather In
beaten tracks, but some of them this
season are going to strike out and en
ter new fields. Captain 'Samuel . A.
Ashe, always so observant, was speak
lng today about the wonderful North
Carolina climate.- He has travelled
much but has never found anything
equal to ! It There , Is a little
humidity a couple of months In the
year, July and August, but during the
remainder of the time the conditions
are generally' Ideal. Certain resorts
fin North Carolina, as for example
Ashevllle, and Pmehurst, and South
ern Pines, have sought most success
fully for the tourist and winter visi
tor business, and it has trebled the
value of property in Moore county in
ten years, but other parts of the
State have done, relatively little to
wards attracting people from the
colder States. Along the coast .a vast
deal could be done by careful adver
Using.
Boasted Because lie Praised Lee
Special to Journal. . '
Washington, P., C, October 24.
Rev. John Van Schaick, a pastor of
one of the prominent churches here
Incurred the displeasure of the mem
bers of the Burnslde Post Q. A. R.,
because he made complimentary ref
erence In an address to Gen. Robert
E. Lee. The post adopted resolutions
censuring the minister.
ir""onaIre JTarrleg Jan II res, .
Special to Journal.
.Pittsburg, October 24. John Mo
hane, a millionaire manufacturer,
politician, and member of numerous
clul.s and lodges created a great sen- i
g ,;.n today by marrying (he Janitress
of the fiat where he resided. Tlie wo-'
Is of Irlhh parei and pus- j
s 1 of f e.d looks. It Is Bald that i
s',.a Is l 't wi.l whs never obliged to
1 1 1 1 ' l ' e.ii, but nhe tm k
t' ! ' 1 1 1 1 'y ci ; ' :l,ms i;ini!5
'"'''! '
BL:3Y PLACE
Men Hard at U'ork Grading
and Prepariaj the Yards
lor Gencrai-Purposes
OOVJOfiWSFOn-;' -
1 RAIT i:i TKE CMOl
Anticipation ef Supreme Court De
cision Regarding tne $30,000 Fine."
Telegraph Operator' Accused
of Enibeailuig. Game
. Laws .Well Observed. '.
' '- ' Negroes Pleased
''.v With Goverht , -
, i or's Speech.
, Raleigh, N. W, rotober "24.--The
yards of the NorfolJ'and Southern
Railway hero are ..ewa very hucy
place. ' There is a dJ&j, cut through
the Glen wood property,: a strip ipf
which, was condemned bad bought by
this road and : enormous quantities
of earth had been takeif Irom this for
use at the new freight yards, which
are five blocks westdt the capltol
and at the yards which are north of
Glenwood, where the company has al
so purchased much property. The
Company Is fitting houses at its ter
minal for rreight owes and shods
and for occupancy Jby employees, huj
removed numbers of Slweliinge from
Its right of way anot.i'eJUtnd those
for 'rent . The . big stam- thovels Is
kept busy by the dumifly trains which
are cnrrylng earth to t3o' freight yards
The great trestle, which' at the south
reaches out. like the fingers of a band
with its variouB branch tracks Is a
curiosity to visitors "to Urn city. In
the course of a few years It will prob
ably all be filled In and made a solid
embankment with openings for the
streets, or rart of it may be replaced
by a steel viaduct, it being now of
wood, but very massive. . V 1(
On the lSlh'of November an origi
nal oil' portrait, life size of Governor
Samuel Johnston, the builder and
first owner of the .' beautiful - home
Hayes, at Edenton, Is to be presented
to the State, It having been' purchased
by the Sons of the Revolution. It
will be accepted by Lieutenant Gov
ernor Francis D. Winston.'- 4
Governor Glenn went to Goldsboro
today and spent the time . between
trains In conference with- Ex-Govern-
or Aycock, regarding , the Southern
Railway rate matter which is now the
center of attraction as a subject of
discussion. ; '.- ' .
Two Scotch lads arrived today, di
rect from that country, and one of
the.m, went ; to Lumber Bridge, the
other going to the farm at thj Cen
tral Hospital for the Insane here.
Another school district in Sampson
county has voted for local tax, this
being at; Keener. " , . i
The Supreme court did1 not file an
opinion In the matter of. the $30,000
fine against the . Southern RatlwaV.
Some persons had expected ' that - an
opinion ould be filed this week, while
others thought, not. ' A very promi
nent lawyer said with a smile today
that h fait varv aura Attar- Innlrtnff
j - .
into the face of one oi the Supreme
court Justices, that the latter would
not have such a happy apearance If
the court . was going - to turn dowu
Judge Long of the Superior court, by
over ruling him In this case. Hedd
ed that he did not believe .that the
Justice would look half so happy . If
the court was going to take this step.
K. G. Cllftonv for several weeks an
operator In a Western Union' Tele
graph office here, has been taken to
Oxford on the charge of erabeizllng
(200 from the Seaboard Air Line.
Clifton having been operator ;: and
agent at a little station In Ramsey
Tounty.-, Ho says he is entirely Inno
cent, and that the whole thing Is due
to error in the, book-keeping.
Farmers who have come in here
from all . parts of this county, report
that the game laws have been won
derfully well observed this year, and
that they' have heard of no shooting
of partridges. The season opens No
vember 1, and the outlook for sports
men Is very good Indeed. The sum
mer has been favorable for birds and
this fall there is plenty of food for
them, though the. weather has been
rather dry for cornfield peas, of which
these birds are so fond. '
In the Superior court here, a case
Involving considerable money was on
trial today, this being that of Waller
Watson, trustee of the W. W. Mills
Compuny af-ainst the Proximity Cot
ton Mill Company of Greennhoro f -r
$32,000. The Company claims tint on
an off iet there Is due from tlio
company IJS.tmi).
Tie ti. .:(, vi i.re y
; i 1
! cr
icnisis in lie
LIAlTERS
PASSED
1
lili
Such Seems Verdict of Leading
Financiers in New York .
City and Elsewhere
o m. as
close tub a
II
Combinations Enter Market and Take
Big Blocks ef Stocks. Trust Com
pany at Pittsburg Goes te
; Receivers, Bat Will Meet
- Its Obligations. More
Banks Close their '
' Doors.
Special to Journal.
New York, October 24. It Is be
lieved here that the financial situa
tion has made a definite turn for the
better. The stock market is showing
greater strength and a number of ad
vances. are being recorded.
In the best . informed circles here
it Is now believed that the Trust Com
pany of America will weather the
storm, being supported by such pow
erful Interests as the First National
Bank and J. P. Morgan tc Co., who,
It is said, are, determined to see it
clearly through. "' " ? -
Clearing house sheets went through
successfully and there are no Indica
tions of runs on any other bonks at
present . ;
J. P. Morgan Is quoted as saying
that the worst is over.
Millions were poured Into the stock
market here today and everything
offered was purchased in interest of
combination of the bankers determin
ed to stop panic liquidation on exten
sive scale., ' ' v j
The Empire City 8avlngs Bank re
fused to pay depositors this morn
ing, taking advantage of the thirty
days' clause In the bank's charter.
The Twelfth and Hamilton, small
banking company houses,. Closed their
doors today, due to runs made by de
positors. .
Stock values show a slump amount
Ink to $3,500,000,000. :'' "
Pittsburg, Pa.; October 24. The
Iron City Trust Company, has passed
Into the hands of receivers, following
the appointment of receivers yester
day for the Westlnghouse companies.
The bank is solvent and creditors and
depositors will lose nothing.
New York, October 23. John D,
Rockefeller v has taken an active in
terest in the present financial situa
tion, and he has arranged to loan very
large sums to a number of New York
financial Institutions. " ::
"I think," said Mr. Rockefeller to a
reporter of the Associated Press this
evening, "that the existing alarm a
mong investors is not warranted, and
I hope the good common sense of our
American people will control the situation.'-
. -';V-; ' "'
'Instead of withdrawing any of my
money from the banks, I am co-oper
atlng with others In helping to meet
that which I firmly, believe to be only
a temporary crisis. Every one hav
ing the good of his country at heart
should by word and deed lend a hand,
now to re-establish confidence and
propose to do my part to the full ex
tent of my resources."
A".
; Generous Restitution. .
' In one of the Northwestern States
they like nothing better than to tell
how, a few years ago, there came to
that section a Boston newspaper man
whose mission It was to "write up"
lynching In that quarter, although It
appeared that there has. not been, an
Illegal execution In the State for
long time, The natives took the ques
tions of,, the Eastern scribe In good
part and even, "Jollied" him Into, be
lieving that for downright lawless
ness the community wherein he was
for the moment sojourning was about
the most conspicuous portion of .the
United States. ' .
"Don't you ever make a. mistake in
these lynchlngsf guilelessly asked
the Bostonlan. "That Is, don't you
ever lynch the wrong man?"
"That happened once," put in some
one, "but we tried to do the square
thing by the widow."
"Indeed!"
t "Yes; we appointed a committee to
inform her that the Joke was on us,
and we gave her the choice of t'.e
crowd for her second tn ' '
Vember Ll;'p!npitt's.
RESULTS OF
.W.il lie. LI.. J
Seen In Continued Eons Oa
New York City" Tiaaa ,
cial Institutions
SEEraOEUEf
-" RELEASES 2U:i3
i
United States Treasury WHI Xv.'j-X.
Knickerbocker Trust Compaaj
WUI 9Tot Be-opea. Mcrgaa '
And Others te Lend Aid.
Banks In Other Citlee :
Report Send
CondUlon .' Ex-.
Special to Journal. ;
New York October 23. Secretary -'
of the Treasury, George B. Cortelyou. , :
made he following statemtnt shortly -
before 1 o'clock his morning:
I repeat what I stated before leavp ...
ing Washington', this afternoon, If tor
no other reason than to emphasise it
The Treasury Department will nee lta
facilities to assist In - every proper '
way legitimate business interests, and
Its acton wll be prompt and thor
ough. "The National banks of New Yrok
City are in an exceptionally strong
condition. The general situation here
seems to be well in hand, ad la be
ing looked after by many strong and
Influential men,' such as those whose
recent action In the clearing-house re -ceived
emphatic public approval. The
movement for similar concert of ac
tion among the trust compaalet
should have a helpful and tar-reach
ing effect I shall spend the day to
morrow at the sub-treasury." -
Following the1 above- declaration.
Secretary Cortelyou turned loose to
day $20,000,000. ,
Following the excitement of yester- v '
day, there- was a continuation today, -
there being a heavy raid on the Trust i
Company , of America, but it met de- -mands,
having $11,0,00,000 cash- xon
hand, to satisfy the demands of the de- "
positors. .'; '-'
The President of the New York
Clearing House, says, all : gamblera
must retire from banks and trust com
panies, h ..'V t '
The knockout of the Knickerbocker , ,
Trust Company came yesterday, when
a check for $1)500,000 was presented -to
be cashed. J. Plerpont Morgan's
actions are puzzling Wall Street Af
ter making a tacit pledge that he
would provide , $5,600,09fi ,to aid the .
Knickerbocker Trust Company la lta
extremity, he failed to comply and ; .
this helped to precipitate 'Its failure.
The Knickerbocker will opt re-open.
A run was started today on the
Star Savings Bank. ; i ,
i. P. Morgan aid other leading
financiers, have taken means to pre-
vent any threatened anc. '.'
Chicago,! and h'au.ks- la-western cities,
say they ar perfectly safe, and no
panic is possible. - ,
Pittsburg, Pa., October 23. The
Westlnghouse Company failed today,,
with liabilities of several million dol
lars. : .The stock exchange here was
closed refusing to transact any busi
ness as a precaution against exciting
other matters. '
New York, October 23. Interest has .
now shifted to the TruBt Company of
America, and the Morton Trust Com
pany. In the half hour of business
yesterday the Morton Trust .Company
paid out on demand $100,000. to de
positors. Rumor Is ripe today Cut
Thomas F. Ryan, has been asked to
resign from this company . although
Mr. Morgan denies It ,
. Thought It Was Earthquake.
Norfolk, October 24. Deep rum
bling noises Of frequent occurrence,
starting shortly before 30 o'clock to
night caused a slight tremor to build
ings throughout the city, and bror., t
thoughts of earthquakes of other sub
terranean disturbances to t;.e l ' ' !
of many people, and cause! no 1
alarm. , ' - :
Investigation of the urn;-1 If ' s
revealed the t.:t CM f 1 , -
Fort Monroe, four' i i -
were
prn'-::
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