El Paso Morning Times (El Paso, Tex.), Vol. 30, Ed. 1 Tuesday, September 20, 1910 Page: 1 of 8
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I ^ (I ft rt
=
METAL MARKET.
Copper. per 1W lbs..........$1J.1«®1$.M
...........6*34
M.37VStK«H
....$3.5O@5,«0
.
-
• WEATHER FORECAST.
Washington. Sept 1».~West Tex a*
Generally fair Tuesday and Wednesday.
Ne® Mexico. Artzoua: Generally fair
Tuesday and Wednesday except probably
showers In north portions Tuesday.
IETH YEAR
EL PASO, TEXAS, TUESDAY, SEPTEMBER 20, 1910.
PRICE FIVE CENTS
OL. ROOSEVELT SEEKS TAFTS AID
. V 5
CONFERENCE
MONDAY IN
NEW HAVEN
Political Situation in New
York Greatly Worries
the Big Stick.
PRESIDENT HELPS
SQUARE THINGS
But the 1912 Presidential
Proposition Was Care-
fully Avoided.
THOMPSON MADE $5,000,000
OUT OF PAN-AMERICAN ROAD
Associated Press Dispatch.
On board President Taft's train, Al-
bany. N, Y., Sept. 19—President Taft
and Colonel Theodore lioosevelt met
today at New Haven, Conn., for the
second time since the former presi-
dent’s return from Africa. Colonel
lioosevelt sought the conference with
the president. *
It was plain from all that transpired
, before and after the meeting that the
colonel and his close political advisers
are not a little worried over the situ-
ation in New' York state and came to
the president for further evidence of
his moral support.
This the president was glad to give.
He declared his position in the New
York state fight had been clear from
the very first. He said he sympathized
heartily with the fight against "boss-
ism" being waged by the people of the
state.
Mr. Taft reiterated the statements he
made In his letter to Lloyd C. Griscom,
president of the New York County Re-
publican committee at the time of the
Sherman-Roosevelt controversy over
the temporary chairmanship.
Mr. Taft announced to his caller
anew what he had said in .the Griscom
letter—that he favored direct prima-
ries for the, nomination of congress-
men and state legislators.
President Taft is not ready as yet
to admit the advisability of doing
away with conventions for the nomi-
nation of state officers.
Mr. Taft understands that both
Governor Hughes and Mr. Roosevelt
are now practically in accord with his
own position, although the governor
fought at first for direct primaries
for all offices.
Presidential Question Tabooed.
President Taft and Colonel Roose-
velt did not discuss the question of the
presidency In 1912. The president
lias not been advised as to what Mr.
Roosevelt's attitude is toward
Hpn-ial to trtio Times.
Gamboa. Mex., Sept. 19.—David E.
Thompson of Lincoln, Neb., former
United States ambassador to Mexico
made a snug profit of not less than
$5,000,090 out of the sale of the Pan-
American railroad to the Mexican
government, according to a report
that is current at the general offices
of that road at Gambou. An inter-
esting story is told in connection with
the purchase of the Pan-American
less than a year ago by Mr. Thomp-
son.
it is stated that the St. Louis own-
ers of that road had offered the prop-
erty to the Mexican government for
approximately 10,000,000 gold, and
that the price was at that time con-
sidered too high by Jose Yves Liman-
tour, minister of finance, who has
been the directing genius of the
government ever since it entered in-
to the policy of owning a controlling
Interest in the principal lines <ft rail-
road of the country a few years ago.
Lower Price Sought.
Mr. Limantour probably Aought
that he would be able to get the road
at a lower price than the original
offer, particularly in view of the fact
that the Hardman interests were not
at that time seeking to acquire the
property. It was known that the late
E. H. Harrlman had hoped to make
the Pan-American a part of thd
Southern Pacific system of Mexico,
but his death caused an Upset of
those plans.
Mr. Thompson learned that the
road could be .bought. He believed
that it would prove a desirable prop-
erty as an independent proposition,
particularly in view of the fact that
the connecting link between It and
the railroad system of Guatemala
was under construction and would be
completed, thus forming a new
through railroad route between the
United States and Central America.
He bought the road for approximate-
ly $11,000,000, of which sum he is
said to have furnished personally
about $9,200,000 gold, the remainder
being put up by Paul Morton, presi-
dent of the Equitable Life Assurance
society of New York, and associates.
Resigns As Ambassador.
Mr. Thompson then resigned his
position as United States ambassador
to Mexico to give his personal atten-
tion to the management of the road.
He inaugurated imported improve-
campaign. Prom sources close to the
president it was said there was no oc-
casion to discuss this subject.
Mr. Taft's position is this:
convention to .nominate any man for
president two years ahead," said Mr.
Bannard after the conference. "Con-
necticut did not do it, so why should
New York?’’
In this connection It became known
today that President Taft deprecated
the action of the Ohio Republicans
in declaring for him in 1912. Ho did
not think he should bo made an is-
sue. The Ohio leaders were anxious,
however, that the Taft administration
and the congressional record sjtouid
be made a part of the state campaign
and took this means of bringing it
that about.
ments and has brought It up to a
higher standard of .physical effi-
ciency. It is said that Mr. Liman*
tour and other high officials of me
Mexican government were somewhat
chagrined at the coup of Mr. Thomp-
son. It was decided, however, that
the Pan-American should be acquir-
ed on behalf of the government, even
if it was necessary to pay a much
higher price than Mr. Thompson and
associates got it for.
The government secured an option
on the property, the proposed pries
being about $17,000,000 gold, it is
stated. Mr. Limantour, who has
been in Europe for several weeks,
has succeeded in financing the propo-
sition And the deal has been closed.
Now in Government System.
The road is already being operated
by the officials of the National Rail-
ways of Mexico, which is known as
the government merger system. '
Arrangements are about concluded
for the actual merging of the prop-
erty into that system.
The Pan-Amerlcun runs from
Gamboa, a station ■ on the National
Tehuantepec railroad, to Mariscnl on
the Guatemala-Mexico border, a dis-
tance of 275 miles.
COLORADO
REPUBLICAN
CONVENTION
Will Convene in Colorado
Springs Today to Make
Nominations.
BIG BATTLE
IS PREDICTED
GAYNOR’S
VERSION OF
SHOOTING
Gives His Impressions
the Time He Was
Wounded.
HAD CONFIDENCE
' IN ALMIGHTY
Was Not Afraid to Die and
Was Ready to Go
Just Then.
Today's conference. It is believed,
was a source of much gratification to
Mr. Taft and his friends. That his aid
should be sought at this time and in
He is willing to run if nominated, the manner that it was, following the
If his friends think there is a good somewhat recent attitude of almost
chance for him to be re-elected Mr. completely ignoring his adminlstra-
Taft feels that they will see to his tlon or existence, probably gave the
nomination. Mr. Taft’s political president much satisfaction. The ex-
friends say that if the American peo- president was thoroughly drenched by
pie want him for a second term that waves breaking over the side of the
not even President Roosevelt can motor boat coming across the sound,
prevent his nomination. If the peo- The captain of the boat, although
pie do not appear to want him Mr. starting for Bridgeport, put in at
Taft will be only too glad to submit Stamford,
to their decision. Roosevelt In Banger.
Barren of Results. "Can’t you make Norwalk?" Colo-
U ran be stated of today’s meeting nyq Roosevelt inquired,
at New Haven that while it may have] »wp might,” replied the skipper,
been successful in its "scenic effect” .put the chances are we might not."
and of moral advantage to the Roosc-i Colonel Roosevelt afterward told
volt leaders in New York state, it was Mr Taft that the situation seemed to
absolutely barren of results as to any j,e serious for a time. The colonel
better understanding between the SB|<i that at times the conditions be-
president and Mr. Roosevelt as to na- ,,ame so Interesting lhat he did not
tlonal issues or their personal rela- have time even to think of stasick-
tb n. 'ness.
Something In the nature of truce- Today’s conference had its incep-
seems to have been arranged regard- t)on on Saturday last, though it had
Ing the New York state situation. Af- foeen g,.pt a close secret until within
ter that is over, other things will shape tt short time of Colonel Roosevelt’s
themselves. Colonel Roosvelt him- arrival in New Haven,
self is said today to have let drop the Mr. Griscom and Mr. Bannard tel-
iiint that as to. hi* side of the niatter:,,phoned Secretary Nortftn last Satur-
"somethiug would he doing” after th" (lBV aI1,| asked that an agreement be
elections. Mr. Taft is letting 1912 t,mde by which Mr.. Roosevelt might
look out for itself. He declares he hold a conference with the president
has other matters of concern at the (Un.lng his New Haven visit. This the
mi ment I president was glad to do. He said
It came out at today’s conference. h„ expected to lunch as usual with
which in addition to the president president Hadley after the Yale cor-
and Colonel Roosevelt included Lloyd ,,t,ration meeting.
C. Griscom, Otto Bannard and Secrc- Invited to Lunch,
tary Norton, that the Taft adminis- President Hadley was advised or
tration is to be endorsed at Saratoga, jhis anti accordingly Invited the pres-
No mention of Mr. Taft as a candi- ident, Mr. Roosevelt, Mr. Bannard,
date In 1912 Will be made. ] Mr Griscom and Secretary Norton to
”R a Btatej-Two.,
---------
HORRIBLE DETAILS OF MURDER
OF TWO GLOBE BUSINESS MEN
CHARGED AGAINST SOLDIERS
Imperial to The Times.
Globe, Arix., Sept. 19.-—Appalling
details of the atrocious murder in the
lonely stage station at Oak Creek,
brought in by the coroner and his
party, show the crime to be one of
the most heinous in the history of
Gtla county. The murder was un-
doubtedly committed for the sake ot
the money’, valuable* and outfit of
two innocent victims, End was a cow-
ardly simultaneous attack upon two
unsuspecting men. 7fie room in
which the deed was dciie was a veri-
table (harnal house. fbearlng mute
witness to the terriflclstniggle caus-
ed by the heroic fight »f Hiilpot, af-
ter lit* comrade hfcd twlp killed by a
single shot The men Wiled by
William Stewart and Jlmes Steel,
according to the verdict V St-
oner's jury-
The house In which the tilling took
place Is * seven foom *ff%r. There
are four rooms across the front and
three front door*. One end room
had In it a cot and considerable bed-
ding. Adjoining It was a room In-
tended for a dining room, furnished
with a long table, several stools and
a bedstead.
Judge Thomas’ theory Is that Hill
pot was lying on the cot In the end
room, the door of which was open.
He believe* that Klbbe was seated
at the table In the dining room, and,
from a pipe and spilled tobacco, found
on the floor was about to smoke,
while, on the bedstead only three or
four feet away, one of the assassins
was scat-d.
According to Judge Thomas’ opin-
ion almost simultaneously with the
shot fired by U»e murderer on the
bed which entered Klbbe’* left eye
and killed him Instantly, and another
- Con I inneil on Png* Bis
Assqelatut Tress Dispatch.
New York, Sept. 19. Mayor VVII
Ham J. Gaynor in a letter to his sla-
ter, Miss Mary 10. Gaynor of Utica,
N. Y„ which is printed this afternoon
In the Evening Post tells of hi* Im-
pression* at the time he was shot on
the steamship Kaiser Wilhelm der
Grouse. The mayor said he had not
read a line of what has been pub-
lished of the shooting nor did he re-
member the name of the man who
shot. him.
Mayor Gaynor said:
”1 was standing oil the deck talk-
ing with Commissioners Thompson
Lederle, Edwards, Corporation Coun-
sel Watson, my secretary, Mr. Robert
Adamson, and several friends who had
come aboard to see me off. Mr.
Montt, president of Chill, and Mrs.
Mohtt had just piiHSCd by and 1 had
spoken a few words with them.
"Mr. Adamson pointed out that the
Ship was dressed with flags for me,
but I suid J did not think It could be
for me. My next consciousness was
of a terrible metallic roar In my head.
It filled my head, which seemed as
though It would burst open, it swel-
led to the highest pitch and then fell
and then rose again and so alternated
until it subsided into a continuous
buzz. It was sickening, but my atom
ac-h did not give way. i was mean
white entirely sightless. ,
“I do not think I fell, for when
became conscious 1 was-on my feet
I suppose they saved me from falling,
and they were supporting me. My
sight gradually returned so that af
ter a while 1 could see the deck and
the outlines of the crowd around me.
I became conscious that I was ehok
ing. Blood was coming from my
mouth and I tried all 1 could to swal
low so those around me would not
see it. But I found 1 could riot swal
low and then knew my throat was
hurt. I struggled to breathe through
my mouth but could not. and thought
was dying of strangulation. J kept
thinking ail the time the best thing
to do.
"In some way 1 happened to cl os,
my mouth tight and found J could
breathe perfectly through rny nose. 1
then believed I could keep from
smothering but f kept choking and
my mouth kept opening to cast out
the blood. .... ..
wfws not 3 bit afraid to oia if
that was God's will of me. 1 said to
myself, just as well now as a few
years from now, No one who cons
templates the immensity of Almighty
God and His universe and His works
and realizes what an atom he is In
it all, can fear to dle *•» thf*
yea even though It were-true that he
is to be dissolved forever Into the
infinity of matter and mind from
which he came.
"Though the Hung had not enter-
ed my head that morning, I was not
surprised when I realized that I waa
shot I had had a feeling for some
week* that J might be assaulted on
account of anonymous threats l was
getting by mall. I had not received
so many nor so regularly since I was
AQpoHinK the ring cwruptioniii 9nd th*t
McKane conditions in Brooklyn and
Gravesend when I was a young man.”
Mayor Gaynor, In the letter, scor-
ed certain newspapers for the man-
ner In which they had attacked him,
saying:
"Such journalism 1*. of course, lh
absolute defiance‘of the criminal law
and it did enter tig mind to publicly
REAPPORTIONMENT FOLLOWS
AGED MAN SEEKS DAUGHTERS
LOST IN GALVESTON FLOOD
Vincent is Believed to Have
the Best Prospect for
Governor.
An>t»rt4iU<l Vrt’Hti DUpaich
Colorado Springs. Colo.. Sept. 19.
With n wraith of candidates for
the governorship nomination, and
several other places on the ticket hot-
ly contested for, a strong movement,
particularly among the younger ele-
ment for a progressive platform; and
division of sentiment as to what
shall be done in the matter of ap-
proving the record of United States
,senator Simon Guggenheim, the Re-
publican stats convention, which
meets in this city tomorrow morning,
promises to lie an interesting hattlw
of leaders from the start
In nearly all of the counties reso-
lutions endorsing the Taft adminis-
tration were adopted but in many
of them Roosevelt and hi* policies
were lauded also, and in some the
former president was given greater
praise. Heaver alone, neglected to
make any mention of Roosevelt aim
for this credit is given UK? old guard
whose wish was to avoid being class-
ed with the so-called progressives.
Since tlie Denver county convention
of Saturday, they have explained that
there tvns no desire to Ignore Roose-
velt or belittle his Idea of progressive
legislation; they wanted simply, they
say, to take a conservative position,
by endorsing the Republican party’s
record in national affair and Inciden-
tally the present national adminis-
tration.
It I* certain that platform making
will bo tlu- most important prelimi-
nary work of the convention and it
may develop a big fight, Bnveral of
tiie candidates •- ho have ilnnolinevd
themselves as seeker* for the guber-
natorial ami other nomination*,
learning of the action taken by the
Homer Republic,ms, ill their con-
vention, and believing that an at-
tempt will lie. made by their big
delegation of 187 to force their views
upon tlie Mate (-(invention, have stal-
ed that unless the convention follow-
ed » more progressive, course, they
could not accept places on the ticket.*
In order to avoid any embarrass-
ment to them, it Is reported tonight
that an effort will be made to have
a report from the platform commit-
tee before nominations are taken up.
Individual members of the party
attending the convention lire much nit
*Ca. on the question of endorsing Ken*
ator Guggenheim. Several of (he
county conventions made no mention
of him whatever, others approved of
his acts in the senate looking to the
uplifting of Colorado.
The only candidate for governor
who has come out squarely as a sup-
porter of Roosevelt policies is M. I).
Vincent of Papula. When Colonel
Roosevelt wit* in Denver several
weeks ago as the guest of I lie cattle-
growers association, Mr Vincent
made a speech recounting the act*
rtf tlie Roosevelt administration and
itilling Roosevelt policies as lie un-
derstood them. Colonel Roosevelt
who followed said (hat Vincent had
stated his policies better titan to-
could have stated them himself, and
Intimated (hat his friends In Colorado
could hardly do better titan vote for
Vincent.
Tills gave Vincent a great boost
among his friends on Ihe western
slope Hut they1 could do little toward
getting delegates Instructed for him.
There are many other candidate*.
Late tonight it appeared that ihe
convention’s choice for tin- governor
ship race probably will foil between
ritato Henator John B. Ktephcns of
Colorado city, a former railroad engi-
neer who is supported by labor inter-
ests, and Rurit L. Holland, of Col-
orado Kprlngs. an attorney and at one
time Grand Exalted Ruler of tin1 Ben-
e.ob-nt and protective Order of Elks
Tie platform, us non' foreshadowed
.probably win endorse President Taft’s
administration, be silent on the tariff
and touch upon ilie Roosevelt policies
simt vimt favoraHIy.
■ ('(.!...........
.1 ss-.ri.iiid Press Dispatch.
Louisville, Ky., Sept. 19.—tVanderttig
over the world In search oF his two
daughters who (ll*apt*eared, he says, on
tie night of tlie Croat Galveston flood,
Frank Bi-hrum. who Is 95 years oM, has
arrived In Louisville. 'My wife w-ss lost
in that great disaster." said the old man,
while .tears t-itnie into his eyes. "My
two daughters disappeared, also, and
from that day until (Ids t have heard
nothing, from them directly. From some
of mv old friends 111 liahestim I heard
soon after tlie flood that they had been
seen in California, Why they did not
return l.u their home ' it v, or at least
write lo me. 1 raimat imagine, lint as
long as there scents to be a ray of hope,
1 am going to stick to the trail
Mr hrum says that bis eldest daugh-
ter IS Mrs John FU-lschkamp, white ihe
lounger one, who Is utimart-ieil. Is named
Man Si hi-unV. The faintly, before going
'to Galveston, lived in I'bw Innatl, where
Kell ruin worked us a baker, lie says he
used In-deliver hid ad to the Taft fam-
ily and knows tho president very well,
—1 was In W islilngtcui several months
ago “ sold Sclmim. "and saw President
Tuft and U. party walking. 1 ran to speak
lo ilie president but whs stepped by sec-
ret service men. When Mr. Taft raw me
1H. waved id* hand and told ms to come
along, lie gave me a cordial greeting,
and when l told Will my story ha ex-
pressed deep sympathy for me. On the
follow ing dav 1 received a letter from
Mrs, Tall containing « $19 bill " •
grin tun Is a veteran of the Mexican
and Civil wars. In tho Civil war he
served In the Twenty-second indtuna In-
fantry. He speaks six language* and Is
» man af evident refinement. Ho says
that he Is going back to Galveston from
Louisville
SENTIMENT Hi DIVIDED
OVER JIM CROW SCHOOL.
Special to The Times.
Dougins, Ari*-, Kept. 19.—District
Attorney J. H. William* will repre-
sent tho hoard of school trustees
Tuesday in tho Injunction proceeding,
which has been brought against tlie
board in behalf of the Afro-Ameri-
can population ot Douglas tlie plain-
tiffs charging ttiat the board has been
influenced by racial prejudice that Is
entertained »>V only a small percent-
age of the school electors of tho dis-
trict, in building th* school In
neyvllle Tor the negro children.
The while people of Douglas are
divided on the question of segrugat
ing the negro pupils.
Bo-
QUIZZING
RAILROAD
COMPANIES
Interstate Commerce Com-
mission Delving Into
Stock Inflation.
ALSO EXAMINE
MANIPULATION
call on tho grand jury and the', district
attorn* y to prot< < t me from it, hot
J v.;i v.fak and f<*ar«i| 'p#opio would
stay I waa thin-«Kinn«;d, But thu Unit
j# at hand when thcie Journalistic
acoundrclH hav<- got th *toj* or gut out
and I am ready now to do my Hiur
to that cud. They are atwolntHy
without fmdtf. It decent people would
refuse to look - t such n^w'Hpaju r1,
the thing won Id right Itself at <*n> •
The journalism of S&w York City ha*
been dragg'-d lo the lowest depth of
degrad‘Tnent '
#«*»*«•*»*# «M»V* * *
*! *
# HEAVY Ml MC.\» FLOODS *
* MUKDEND T1LU_J» SERVICE, A
AisfoeiatC'l 1
Kan Anfoni
Traffic bet."
the City of M
initi-ly nc-i" n
have serin '•
♦ the States
♦ ahuiia. Ti
♦ terrupted 1
♦ Saltillo am! "
♦ Tarnpi'O via
♦ Train servi1
Dispatch.
rex., Sept, 19.
Han Antonio and A
sled will be indef. 4
d as heavy rains *
damaged lines In
:evo Leon and Co*
ervice will be in- #
-eg Monterey and
the short line to
ihe Gulf division. +
a the Laredo line ♦
* to the dfdtrb i between Mont
♦ and Salti.li" ill b* intern1 pt
• indefinite!}'. )Hra§|
Facts Brought to Light in
Connection With Railway
High Financing.
A"fThbSurTp|,'iT».'''‘Allc«.'il sloek
Inflation and manipulation, designed
to turn over tie sioekhoider* large
sums of money without puttlnft In
the company's record any evidence
of more l.hnu passing for dividend*.
WAS tlie subject Into which the liter-
state commerce commission delved
today at the continuation of RH hear-
ing following the
general advance
■mr X consider it a good bu«iries*
policy lo --'ell where we worn sure It
would tiring par nmi keep control of
the roml where il w ix ’
AtUU'iu v At wood i It* d how tv.uon
of the corn puny * 9285,009.000 In
stocks and bunds had thus 'Ven sold
at par since 1900, -
Tie- reply'" caused other attorney*
for tii, shippers to examine the roe
onls Unit hud been tP.nmlttr.l by iht
.......pony. Mr. Blau volt answered;
"I find the sum w i* $19 000,09(1
par value,”
That, sold in small (lubs on the
market, or It' If all could have been
sold ot market prices, void-l have
amounted l*> about a third or ,t half
in ore*;* Half <>r more in a Id.lion t>
lhat figure, wouldu * it ."'
“1 don't know," replied tlie wilr.css
"I think I can help yon,” niiswcrea
the tiltorne.V'. He read Irion a xi iek
and bond company’e pamphlet which
onntod the high and low murker
prices In tin- period covered as be
tween 122 and 171, with mi average
of about 150.
Commissioner Clement* Interposed
an Inquiry that directed the qin-Ntlol
ing along a new line, that of ihe uses
!o which stock sale memo was put,
and tlie possibility of oi ttnil gains ot
the company living hidden in Its own-
ing stock and bonds In rtibsldary
companies.
The controller answered this ques-
tion by Insisting that when the parent
company paid out maintenance coal*
for subsidiary companies and ihe
subsidiaries pnid hack la dividends,
(hose returns were not properly
sources of income to be considered In
i (imputing dividends.
CONGRESS
COMPELLED
TO PROCEED
Must Change Number of
Members to Conform
With Census.
CONSTITUTION
IS MANDATORY
The Next Congress Will
Have Interesting Situa.
tion on Hand.
suspension of tho
of Height rates of
western lines scheduled lo tulio effect
The"stock manipulation feature ef
tie inquiry waa suggested by Com-
missioner dements and was Immedi-
ately taken up by tho commission *
attorney, Frank Lyon, and Attorney
Atwood of Kansas t'ity who appeared
for the general shippers commission,
which Is fighting the increase. <‘on-
tfolb r Bluuvelt, of Hi" Illinois Cen-
tral railroad was the' witness J'rom
whom the disclosures which followed
were obtained. t -
Commissioner Clement*, called the
witnesses’ attention to figures he had
furnished on direct examination by
the railroads counsel. Tlie defendant
said;
"You say, Mr. Blauvclt, lhat in
1H91 your capital stock was $10,-
000,000 on 2H75 miles of road, and
In 1910, on only about 1700 rnllea
more it was $109,000,000. Also that
In 1891, (lo- bond'll indebl'-iltuss wa*
only *1,2,000,000, while in 1910 R bod
reached $17#,000,00:0. ■ Why is this?”
Well " waa the answer. "Whitt
would appear to be the excess went
lo improving the roadway and for
quipment and purchase, of other
roads ” , , ,
"And how wa* tin- stock raised for
tlpse purposes sold?" continued tho
commissioner. "Was it on the open
market V” , ,
Part of It was. But most of it
was sold to the stockholder* at par.”
•Was there ever declared a stock
dividend?" ,
"Oh. I am sure there waa not. That
would amount to the sains as any
other dividend, yon sec. The Illinois
central stock sales represented real
value*, you must see, In dollars and
cents.''
Here Attorney Lyon sought to have
the witness differentiate between giv-
ing stockholders a stock dividend or
giving them stock worth more than
par at par. The controller Insisted
there wa* » vast difference, (mm If
they were the same In cash to tits
stockholders, which he admitted.
This pari of the testimony opened
a pew disposition of a corporation
stock,- and Mr. Lao*, after asking It
It WHS to make the stock value ap-
proach th" cash value, and being in-
formed it was not. allowed the attor-
ney to delve into the par stock deal*.
"if your stock sold at 150 in tii*
open market.” asked the attorney,
"and you gave it to your stockhold-
er* at. 100, what became of. the ex-
tra 50 per cent of its value'.’’’
"Why. il w<nt lo that stockhold-
er*," was the answer
"Then the upshot of it was your
company added to, its capital stock by
letting stock go at par. when tt
needed money, when It could have
sold less stock on the open market,
satisfied its needs and kept th'' cap-
ital stock down, giving less capital
to figure dividend* upon; i*n t that
so?"
Fontnotisr Blauvclt was un -.lilli jt
soon an impression shop: 1 prevail,
he aid, and explained by saying:
dumped $15,000.-
HEXATE UOMMITTEE
INVESTIGATES LORIMEH.
Assncititt-U 10* Dispatch.
Chicago, Sept. 19,.....Senator Julius
C. Burrows of Michigan, chairman of
file sennle committee that is lo inves-
tigate tlie election of Senator Wm. Lo-I
rimer of Illinois, arrived here today
with others of the committee and pre-
pared to take up the cohsidcration of
the charges that tin- election of Lo-
rlmcr was tainted with bribery.
The initial session tomorrow will he
devoted to arranging the program of
the sittings of the commitb .- which
will lie executive.
Among other tilings which will he
deft nnined Is what evidence w ill las
asked for fry the committee. The gen-
oral impression Is that much testi-
mony will lie declared admlsatble be-
fore tin committee which in a crim-
inal trial would he held not compe-
tent,
Henator Lnrlmer will b" represent-
ed at tin- hearing l»y former Judge
Klln-ldgc Huneoy of Chicago.
All the witnesses who were exam-
ined at the two trials of Browns may
lie asked to repeat their .stories be-
fore Chairman Borrows.
In addition it Is expected that the
great majorit; ■ if not ail the members
of the Illinois legislature- who voted
ttft Henator Icflmer, may I- ■ -illed
Jib declare under oath their pason*
for so voting.
fn neither of hi;-' trials, did I'rowmi
take tho witness stand, and ins up- .......
pe.aranee before tin- senate crmimiUee atate.
Assnciutcd Press Dispatch.
Washington, Sept. 19—One ot tho
first questions with whteh the ap-
proaching session of congress will bo
called upon to grapple will bo to de-
termine when the next apportionment
of members of the houso ot repre-
sentatives under tho recent consus
shall be made.
The constitution requires that a re-
apportionment shall follow each de-
cennial enumeration of the people,
und accordingly a redistribution of
Heats in tho house membership liaa
taken place hitherto soon after tho
conclusion of each census.
Up to IH90 Ihe reupportlonment
whs uniformly postponed until the
first session of tlie congress succeed-
ing Ihe enumeration, but after tho
lllh c«t>HUs a change was made and
Hu- apportionment bills for the 11th
and 12th census were brought In and
passed In each ease during the Mhort
session ef the current congress Imme-
diately following the census. It will
rest with the approaching session to
determine whether It shall follow tha
old or the new precedent. Politics
may determine tho choice.
Before the time for tho meeting of
congress the result of the November
elections will have become known. If
the Democrats should come Into con-
trol of the houso for the «3rd con-
gress they would naturally resist any
effort to have the change ihade by the
present Republican congress, while
the Republicans would be as anxious
to have (lie service performed while
they were in control of legislation In
both houses.
Apportionment In Itself can be used
for party advantage only through tha
manipulation "f population fractions
In the various states. If tho present
day plan of fixing upon, a dnfinlta
number of members ns the first, step
in the distribution is followed nmfty
states will be found to have a consid-
erable number of citizen* over tha
number necessary to give them tho
number assigned them. The size of
the house once determined, the repre-
sentation of each state is arrived at
by dividing the aggregate population
of the country by the total member-
ship of tin house and then dividing
tlie population of any given state by
the quotient thus obtained. Almost,
invariably I hero ensues upon each ot
Hueli subdivision* a remainder, largo
or small. Aside from arbitrarily fix-
ing the representation on the voting
rather than tin* actual population, this
remainder, or fraction, affords the
only base of manipulation of tho ap-
portionment of members.
If used lo tile extreme It might bo
an Important factor, as no tower than
23 representatives now hold their,
seats on fractions. That they should
do so Is strictly in accordance with tho
law which provides that any deficiency
occurring on an even division shall bo
supplied from the states having tho
largest remainder* on the division.
This rule was strictly followed in tho
last apportionment in nil allotments
except those made to Maine and Ne-
braska. In both those states con-
gress exercised somewhat arbitrary
power by giving each a representa-
tive on a fraction less than the frac-
tions of other states, which received
nothing because ot their own frag-
ments. This action was taken to pre-
vent the loss of representation by any
if he is summoned,
with interest.
t’nnndlnn Wheat Drop,
AssorlnDit lii-ess Dispatch
Winnipeg. Man.. Kept, IT Vice-
president William Whvh of Ihe Ca-
nadian Pacific' railway indicated to-
day that, the wheat, crop of Western
Canada will approximate 91,700,000
bushels.
will l" a I tod that policy should be accepted In
the approaching apportionment It
could upset, the plan* of some of tho
houso leader* who are most anxious
to avoid any appreciable increase In
the size of the house. The census
expert* already understand that when
the figures arc made public songo of
the smaller eastern states will bt»
(Continued Page Six.)
UNITED STATES DUTY
SENDS MEXICAN ZINC
TO FAR AWAY GERMANY
g> t , • 9 in stock cm the market at once,
A ir squid send Us value way below
-The United (Mates’ levy of the late
across
Special to TI " Times
Chihuahua, M< x., Hep!. 19.-
prohibltlvo duty upon importation* of zinc ore from Mexico
the Rio Grande, comUncd with adoption of railway rates favorable
to European shipment, has resulted first In the diversion ot con-
signments away from American smelters to the greedy market
across the Atlantic and second In vigorous agitation looking to tho
building of zinc smelters in Mexico,
One result of experiments mad' early in this year Is that now
nearly all tho zinc ore* from tl>« Chihuahua mines, most productive
of any lb the republic, arc going to Germany, via the Gould port
of Tampico, diverted from their former destination, the Kansas
smelter* that were reached via the El Paso gateway. The railroad
iate from Chihuahua to El Paso ha* been advanced from $1.89
to $2.97 per ton, While the tariff from Chihuahua to Tampico has
dropped from $4.87 to $4J;0. The maximum freight charge from
Chihuahua to England or Germany is $7.90 per ton. while It costa
$7.20 to Hhlp a ton of zinc ore from Chihuahua to the Kansas smel-
ters and a duty of one eont per pound.
Mexican Interest* have secured a concession lo build a slno
smelter, to be located probably at Torreon, to cost not less than
$200,000 and to turn out zinc in ingots, sheets and powder.
**«*«**«*«* il *$**♦*♦*#.*♦# f #♦#*,*!#* *
-»*****«#*****«►*#* ♦****♦»
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El Paso Morning Times (El Paso, Tex.), Vol. 30, Ed. 1 Tuesday, September 20, 1910, newspaper, September 20, 1910; El Paso, Texas. (https://texashistory.unt.edu/ark:/67531/metapth582784/m1/1/: accessed June 9, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Abilene Library Consortium.