Evening Star Newspaper, December 30, 1923, Page 14

__34 _THE SUNDAY BANKRUPT RAILROAD |COURTACCEPTS$1,125,000|NEW YEAR HOLIDAYS .OFFERED BIG LOAN OFFER FOR FIVE CRAFT Libeled Steamers of Crowell & " DREADED IN PARIS Money to Meet Interest on Denver| Thurlow Company to Be Sold |Citizens Fird Jubilation in Jasz and Rio Grande Bonds Prof- fered by Upknowns. GOVERNOR FIGHTS DEAL Wants Road Placed Upon the Amc- . tion Block. Dy the Associated Press. DENVER, Col., December 29.—Fol- Towing a hearing here today before United States District Judge J. Fos- ter Symes on the matter of authoriz- ing the payment of $1,129,000 interest due January 1, 1924, on the underly- ing bonds ‘of the Denver and Rio Grande Western railroad, now in the hands of a recelver, the court made the following announcement: “It has been represented to the court that certain Interests other than those represented at the hearing here last. week would like to make an unconditional offer to loan the re- celver money for the January 1 inter- est in exchange for receivers' certifi- cates junior to those outstanding. Such an offer would not involve pass- ing on the reorganization plan in any way. In the meanwhile no order has Leen made by the court.” Judge Symes wi ed in whose behalt an offer to pay interest would Te made, and he that the {dentity of the partis had not_been disclosed to bim./ Judge would not forecast any uction unvil he had received the formal o Gov. Willlam 1. Sw declared his emphatic oppo: the reorganization plan rov as approved by the Interstato merce Commission at Washington re- cently, heads large numbe: of Col- orado’ interests strlylng to bring about a default in the interest pay- ment in the hope that the road will then go on the auction block, and be sold for what it will bring. These interests charge that th=s earnings of the railroad are inadaquate to support the capitalization authorized by the reorganization plan. RENEWS FIGHT HERE. Colorado Seeks to Stop Rail Reorganization. The Colorado state government re- newed vesterday before the Interstate Commerce Commisslon its attempt to prevent the reorganization of the Denver and Rio Grande Western railroad, now in receivership, under the terms of the projected reorgani- zation plan. John E. Benton, as at- torney for the state’'s public utili- tles commission, and Wayne Wil- liams, its attorney general, flled with the federal commission a petition for rehearing of the entire proceedings by which the railroad’s receiver, its bankers and officials of assoclated railroads obtained permission to terminate the receivership. 15,000 FIRE DEATHS REPORTED FOR YEAR|s Loss of $500,000,000 in 1822 Could Have Been Largely Prevent- ed, Says Magazine. By the Associated Press. CHICAGO, December 29.—A steadily increasing loss of life and property from fires during 1922, the last full reportable year, reached 15,000 deaths 2nd damage of $500.000,000, according to an analysis of fire reports for the entire country by the Nation's Busi- ness. An average of 41 persons are burned to death and 47 injured serl ously every twenty-four hours, with a property loss of $16 a second, the compilation shows. Five school houses burn each day, while fifteen hotels have fires daily. One farm building is said to go up in smoke every séven minutes, with one dwelling adding fuel to flames each four minutes, four warehouses, to- gether with one hospital and five churches, every time the clock makes & round. The report emphasizes that nine out of ten of the fires could be prevented. State sald to d municipal institutions are be particularly unguarded from burning, due to a feeling that the governmental Lodies are adequate insurance and that losses will be re- vlaced. Fire prevention appliances are said to be very sparsely used in u{ehnols, asylums and other institu- tions. U. S. GREATEST OPIUM USER SOON, SAYS INDIAN By the Associated Press. BLOOMINGTON, Ind., December 29. The United States will soon be classed as_the greatest oplum user on earth, Dr. Sudhindra Bose, a na- tive of India and a member of the faculty of tha University of Iows, de- clared in an address here last night before the convention of Cosmopoli- tan Clubs of America. “A few years ago,” he sald, “China was considered the worst opjum-rid- den country in the world. Now it ap- pears that the United States is con- suming forty times more oplum per capita than any other white people. Joreover, the use of drugs in the Tnited States has more than trebled within_the last few years. At this rate the United States will soon be classed as the greatest user of the drug on earth.” Dr. Bose said the problem was due 1o the overprodugtion of opium in 1India under BritisH control. 2 to Creditors’ Committee. By the Associated Press. BOSTON, December 29.—An offer of $1,125,000 for five steamers owned by the Crowell & Thurlow Steamship Company of this city, was accepted by Federal Judge Lowell today con- ditional upon its acceptance by the United States court In New Jersey, The offer was made by a creditors’ {commlittee, which s trying to re- ‘omlnl:a the company. The five steamers which are tled up here are the Lewis K. Thurlow, Walter J. Noyes, Edward Plerce, Stephen R. Jones and Peter H. Crow- ell. With four other steamers which are now in New Jersey ports, they were llbeled for $1,425,000 by the Exchange Trust Company of this city, which held a blanket mortgage on all nine vessel: BANDITS SHOOT UP SUBURB OF CHICAGO Loot Town Bank and Escape After Pistol Battle With Policemen. CASH AND BONDS STOLEN Employes Held Up With Guns ‘While Till Is Robbed. Symes | By the Associated Press. CHICAGO, December 29.—Six armed bandits today shot up the town of Sunknit, a suburb, terrorized employes and officials of the Summit State Bank, scooped up about $15,000 cash and liberty bonds, and escaped after a pistol duel with policemen. It was the fourth time In six years that the bank has been robbed. The first time robbers obtained $40,000, thre second time they got $20,000 and the third time about $11,000. Two cashiers, two girl cierks and two patrons were in the bank when an automobile drew up outside. Five men leaped out, leaving a sixth at the wheel, and ran for the bank, fir- ing as they entered. With the em- ployes and patrons cowed, the bandits hastily scooped up all the valuables in sight and hurried from the bank. A grocer across the street opened fire with a pistol, while other citizens soon appeared with shotguns. In the exchange of shots one of the bandits is believed fo have been hit as they fled. Two policemen spied the bandit car as it entreed Chicago and engaged 11n & duel with the bandits before the car was finally los $1,200,000 HOME SOLD. Era Costly and Ener- vating. OLD CUSTOMS HAVE - GONE Festivities: Now Conducted on American Lines. By Radio to The Star. PARIS, December 29.—Paris is preparing for another three-day holl- day and, gosh, how she dreads it. Parisians of the celebrating class have not yet recovered from t! week's Christmas jubllation, and now they are faced with the neces- sity of ering in 1924 with an- other long, loud carouse. The worst of it is that a recent iaw provides that when a holldsy falls on Friday or Tuesday the intervening Saturday or Monday is a holiday also. In the ,ood old pre-jazz days the people of France were content to celebrate Christmas and New Year in the family circle, surrounded by relatives and children, with perhaps & midnight mass celebration as the culminating point. But those days are gone. Custom now requires that the festivities be conducted on strictly American lines. Ametican jasz bands blatt Amer- ican tunes, While champagne—extra dry to suit American tastes—is con- sumed at American prices, for the Chrietmas decline to levels hitherto unreached has made King Dollar ruler of the feast. The awakening after this years carouse will be drearier than usual, for, as & new year gift to the people, the government has voted a 75 per cent increase in rents and is prom- ising to increase subway and street car fares. 8o, despite the joyous weélcome accorded the new year, It 1s likely not to be so happy after all. CLYDE ‘ESTATE IS LEFT TO MEMBERS OF FAMILY Maryland Man Is Among Heirs of Son of Steamship Line Founder. By the Associated Press. NEW YORK, December 29.— estate of William B, Clyde. sos of 1he founder of the Clyde steamship line, estimated at several million dollars, is left to members of his family, under the terms of his will, filed for probate today. Mr. Clyde died last month at the age of elghty-four. His widow was left the family resi- dence and furnishings, but was not given a specified sum as “I made ample provision to her satisfaction otherwise during my lifetime.” The residuary estate was equally divided among his six children, all of who live, In this Vicinity, except Tnom of rilngton, and George W, Santa Barba 11 = G. J. Gould Residence, New York, Passes to New Owner. NEW YORK, December 29.—The residence buflt at 5th avenue and 67th street in 1908 by George Jay uld, costing $1,200,000, was sold | vesterday, but to whom and at what {price was not revealed. Recently it was reported that Mrs. Cornelius Vanderbilt was willing to sell her residence on the same ave- nue at b67th street, proyided she could acquire the Gould place. It was pointed out that her attorneys acted as agents in the purchase, Her home, it was understood, was offered for 36,600,000 and the Gould property at 3850,000. : —_— DEATH HELD ACCIDENT. Rabbi’s Wife Found Drowned in Bathtub at Home. WILMINGTON, N. C., December 29. —A coroner's jury Investigating the death of Mrs. I Minsky, wife of the Rabbi of B'Nal Israel Synagogue here, whose body was found in a bathtub of her living apartment Thursday, returned a verdict of death as a result of accidental drowning. The body will be sent to New York for burial today. Winter’s Coming Buy Now! 4-Buckle Arctics First Quality %4.50 = $795 SokimaShoa 1337 F BT. N.W. Diagonally from the New Willard, Start the New Year Right Everybody, perhaps, is laying plans for a new year, Your new year will be happier and more enjoyable if you own a Hoosier Cabinet, v Kitchen A Hoosier will help you every day with your most trying kitchen duties, It will enable you to sit down and do most of your kitchen work, Why there’s a porcelain-top Hoosler fi as low as $39.75. . - d : May.er Seventh St. " 'Between D&E UNIGN HEAD, 26 AIDES; TAKEN IN STRIKE, FREED ‘Were Jailed on Buspicion in Con- nection With Futile Effort to Burn Trestle. HAVANA, Cuba, December 29.—En- rique Varons, president of the union workers of the Northérn Railways of Cutw, and twenty-six workers who were taken into custody on:suspicion after a futile attempt to burn a small trestle on that line, where a strike of shopmen and dock workers was started last week, have been released, cording to word received here to- day. 'The strike situation on the Cul railroad, most of whose em- ployes are out, continued unchang- ed, as does that on the Northern rallways but the government is scek- ing ways of mediation. ACUTE ALCOHOLISW VICTIM IS BOY 11 “Spike”- Zaraha 200th Holiday Drunk Admitted to Bellevue; Treater Unknown. . By the Associated Prese, NEW YORK, December 29.—Admis- sion to Bellevue of . eleven-year-old “Splke"” Zahara of Avenue B, suffering from acute alcoholism, today iifted over the 200 mark victima of holiday liquor carried to city hospitals. Ten dea have occurred #o far and hospital au- thorities ex) ed their last bed would be taken after New Year eve. “Spike,” with aweater, frayed trousers and cap cocked over one exe, was found by a policeman at Avenue B 4dase, on the cu and 15th street. He was sitting, in & A ioeman {hn mml’ol the young East Siders T Supply. - “Oh, kid it ter " said X Oy X Ld don't know the kid that MRS. ROOSEVELT SAILS. - Widow of Ex-President Goes to Orfent With Son Kermit. SAN FRANCISCO, December 29— Mrs. Theodore Roosevelt, widow of ths | the former President, and her son, Capt. Kermit Roosevelt, sailed today for a tour of the far east. Roosevelt is on a . pleasure tour, while Capt. Roosevelt is making husiness trip. Mrs. arg STANDARD OIL SUES RIVAL -REFINERY Charge That Process Used Is Vio- lation of Patent Sensation in Oklahoms. By the Ausociated Press. MUSKOGEE, Okla., December 29.— The Standard Oil Company of Indiana filed suit in United States district court here today to force Cosden & Co., the largest independent ol com- pany in Oklahoma, to abandon the use of patepted processes in the re- pay to the Stand- I profits realized from the use of the process. The euit created a sensation in business circles her In its petition the Stas Com- pany details the successive pacomis issued to William H. Burton and Robert E. Humphreys covering the o fining process, ‘were purchased by it. Detafc el The petition declares that the Cos- g:ltlauC‘DHl'p‘l&{n ll:; (n(rll:' ed on the filing of the Pal:!lmze"' Bitoreitne Denfes Standard Charge, TULSA, Okla, December 29.—E. 1. Perry, vice president and general manager of the Cosden & Co. ofl con- cern here, denied today that his com- pl:y had infringed on the patented refining. process, rights to which are {1:}’%‘:{ the Standard Oil Company of He declared that for six years ¢ Cosden Company has used 2 Provess similar to the Standard method, pu: that his company has not appropria ed any of the Standard's Ppatents, The Burton-Humphreys’ process, he clared, "has never boen used en) refinerk 1o, the Now Is a Good Time To Save On Odd Suites and Single Pieces Dozens of Lifetime Pieces Specially Priced | Bedroom Furniture Four-piecée Bedroom Suite, in a beautiful lacquer After Christmas has left us-with a number of suites and single pieces of Lifetime Furniture that we would like to move to make room for new spring stocks, That’s why we've marked these splendid pieces at special low prices. We’re quoting merely a few of the many unusual values. There are lots of others—every one a “real good buy” in genuine Lifetime Furniture, and sgecially priced. Quite Numerous Are the Splendid walnut, with full vanity dresser and bow-foot bed .....ceecenceoeseces.$395 Good-looking* Four-piece’ Bedroom Suite, in American walnut, with large dresser and full vanity dresser.. arpen Overstuffed Suites Three-piece Karpen Overstuffed Suite, in e combination tapestry. and brown velour, with wing chair and Kar- penesque construction.eeeeeave-.. .$325 Karpen Overstuffed Sfiitc, ble cushions, wing chair and Karpen- -esque construction; three pieces..... $195 L i fetime f May‘er‘*' & ‘tapestry, reversi- Furniture ceassssn Values in Good Dining Room Suites In-the dining room department, particularly, you will find some very atiractive suites that are priced away out of proportion to their real value. Dining Suite of nine distinctive pieces, with 66-inch buffet, oblong table and tapestry or blue haircloth chairs cc.eeeescscescccnccncas$375 Ten-piece Dining Suite, in mahogany finish, Stick- ley make, with genuine leather seat chairs. . .$195 Berkey & Gay Dining Suite of ten pieces, after the Is More T han .4 Co. manner of Hepplewhite; 66-inch buffet and oblong table ...ee. .. Good-looking Italian Style Suite—ten pieces, in Italian walnut, with 72-inch buffet and other pieces ... .correspondingly 1arge cecceeeccomenecses.$425 Italian Style Suite, in- walnut, with good size buffet and semi-closed china; four pieces.........$195 Name Between D& E