New Britain Herald Newspaper, July 22, 1914, Page 10

1o NEW BRITAIN DAITv wERALD. WEDNESDAY, JULY 22, 1914, (EAR OF RISK ENDS . ROCK ISLAND PLAN sms‘ {0 Reovganze Raitoad Sys- lflll Proves Futite. ! New York, July 22.—The plan of he stockholders’ and bondholders’ | :ommittees of the Rock Island for he reorganization of that system has fallen through. .« |/ According' to statements given out it the offices of William A. Read & | Co. who headed the stockholders’ zommittee, and at the Central Trust sompany whose president, James N. Wallace, headed the bondholders’ .eommittee, the reason for the failure of the plan was that the stockholders protective committee deemed it in- advisable to proceed with the plan for the wiping otit of $357,000,000 | wadtered securities and the raising of $80,000,000 new funds by the issue of preferred stock in view of the fact hlt the prospects of dividend® return ‘ori the new money to be invested were not tavorable. The committee for the collateral ‘trust four per cent. bonds in a state- ‘“fifent "yesterday expressed fear that the. failure of the plan might result 4f" & receivership, but members of the stockholders’ committee denied that {he affairs of the railroad would take ‘that turn. 'The failure of the plan, which had heen favorably considered in the firancial - district, caused Wall Street to:take a rather pessimistic view of the Rock Island situation. Statement of Committee, The statement given out by the committee for the holders of the four per cent. collateral trust bonds is as follows: i '“The committee representing the liclders of collateral trust four. per cent, bonds of the Chicago, Rock Is- . land. and ‘' Pacific Railroad company, " of which James ,N. Wallace is chair- Mman; announces to the bondholders at the managers of the syndicate formed by the stockholders’ commit- E %ee for underwriting the cash re- juirgments of the proposed reorgan- ization have declined to proceed, first, . because the earnings of the railway ‘company for the fiscal year' ending June 80, 1915, as ‘estimated by the accounting officers of the railway onn'iplmy under the rules for account- ing prescribed by the Interstaté Com- merce commission, did not make a dufficlently satisfactory showing as to dividends upon the proposed issue of preferred stock, and, second, adjust- ments must be made in the capital or properties account of the railway wompany which would 'largely . de- crease or possibly entirely wipe out the surplus shown on the books of the rallway company. ¢y“Fallure to underwrite the plan npcessarily causes its abandonment @nd termination of the agreement "reached between the Wallace com- smittee and the stockholders’ commit- tee. he perlod of grace in the trust| m‘eement securing the collateral | Arust bonds. will expire on August 1. reclosure . proceedings thereunder %uld be instituted immediately thereafter. Concert of action by the holders of collateral trust honds is essential if the pifoperties are to be sreserved. . Rather than to return the deposited bonds to depositors and \issolve the committee the bondhold- 1€’ ‘committee deems it wise to ask for an Immedlate deposit of additional Outlines New Efforts. *! When sufficient bonds have been deposifed and financial conditions Rvarrant, the committee will prepare and submit a plan of reorganization based upon the principle of giving the collateral trust bondholders the | apportunity, or imposing upon them | fhe necessity of themselves providing ! the money required. . ~If by September. 15 next sufficient | o,nd.q are not deposited to . justify the committee in continuing its ef- (Qr\; for reorganization the commit- ‘tee will dissolve and the bonds = de- . posited may be withdrawn pursuant to the terms of the deposit agree- ynent dated February 26 last. The committee points out that failure by the collateral trust bondholders to uinite may easily result in the ultimate receivership of the railway company and the possible total extinction of the stock under a sale in proceedings instituted by the holders of obliga- tions of the raiiway comfpany. | The stockholders’ protective com- mittee made the following statement | announcing the dissolution of the iinderwriting syndicate for the $30,- 600,000 new preferred stock: 4, A tentative plan for the reorgan- jzation of the Chicago, Rock Island and- Pacific Railway company was adopted by the bondholders’ and stockholders’ protective committees on June 19, 1914. Syndicate Dissolved. .;"*The plan contemplated that about $80,000,000 should be raised by sub- _ geriptiog by the collateral trust bond- holders of the railroad company and the preferred and common stock- ' molders of the Rock Island company " to a proposed 7 per cent. non-cumu- ?fin preferred stock of the railway t the pequest of the committee a | vised balance sheet and estimate of ings has been prepared by ‘the rs of the railway company to | fornt, in_thelr opinion, to the ac- nting rules of the Interstate Com- e Commission as reviséd and | (Continued from First Page.) liged to call the court to order with a severe reprimand. M. Caillaux, in a state of agitation, exclaimed: ‘“Since I must take notice ' of what this lawyer has said I will ask him < he will take personal re- sponsibility for his words?"” Again “Bravos” for M. Caillaux were heard all over the court. When the noise had somewhat subsided Maitre Chenu replied: entire responsibility. You cannot menace me here. You doubtless do ' not” know the temper of the man whom you address.” Pistol Produced. The disorder in court was so great that Judge Albanel threatened to! clear the chamber if the manifesta- tions were repeated. When quiet had Deen restored| ., go¢ the members together soon. | ! The text of Mr. Roousevelt's letter he purchased the weapon with which she | Georges Fromentin, a sales clerk in the gun store where Madame Caillaux killed Calmette, was called. He took an automatic pistol from a package in front of the judges and explained Its action. ~ Maitre Chenu said ‘“‘Madame Cail- laux did rot say when she loaded the pistol.” Madame Caillaux: “As soon as 1 got into the motor car, before I could forget Fromentin’s explanations.” Mme. Caillaux added: “I had! never fired a pistol, but T had hunted with my husband. I bought a gun at the same place.” Another gunsmith’s employe said Mme. Caillaux had practiced in the range under the store. Three of her six shots struck a target the size of a human figure. Mme. Caillaux: “I tried the pistol solely at the request of the employe. He wanted me to be sure I knew how it worked.” Talk of Letters. Yves Delbos, editor-in-chief of Le Radical, related that he had met Mme. Caillaux on the day of the shooting. “She seemed depressed and aged and was like a beaten hunted thing,” he said. Mme. Louise Demeagne-Estradere. formerly society editor of the Figaro, test{fied she had dined in company with Mme. Caillaux about two months before the shooting. She continued: “Mme. Caillaux said Mme. Gueydan. the formey wife of M. Caillaux, was going from one newspaper office to another hawking letters against her. I tried to reassure her by saying that my information was to the effect that Mme. Gueyvdan had refused to sell the Jetters to Calmette for $6,000. 1 know nothing of the ‘Thy Joe’ let- ter.” 4 Mme. Caillaux: ‘“Will you not give more precise testimony about Mme. Gueydan’s letters?” The witness did not reply and a mo- ment later left the stand. ROOSEVELT PLEASED. Favors Hinman to Beat Leader Barnes. Oyster Bay, N. Y., July 22.—The statement issued in Binghamton last night by ex-Senator Harvey D. Hin- man, in which he openly repudiated Barnes, ended all doubt here that Colonel Roosevelt will do everything ir his power to throw the indorsement of the progressive party in New York state to the Broome county republi- can. Hinman’s unqualified statement, it is said on high authority, was the re- sult of-the secret conferences held in Cooperstown on Sunday, when State Chairman Robinson, ~ Stephen C. Clarke of Albany, and Mr. Hinman, exchanged views on the situation. Roosevelt, it is said, had prior to that time made up his mind to get behind Binman, and the only thing which remained to be done was to have Hin- man come out in the open. The Hinman statement was called i to Colonel Roosevelt's attention last night, and he smiled grimly as if he was perfectly satisfied with the way things had shaped up. “I have not read Mr. Hinman's statement in full,” he said, “but I am very much pleased with what I have hzard of it. I shall have a formal statement in a day or two.” Even before Mr. Hinman's state- ment reached here last night there was a strong feeling that some defi- nite step would be taken by the colonél without further delay, and those who have watched the situation closely were tully satisfled that Roose- velt had decided definitely to advo- | cate the nomination of Hinman on a fusion, anti-boss ticket. Report had it that a series of con- ferences were being held in New { York at which the attitude of Colonel Roosevelt was being explained to the other progressive leaders. They were told, it is said, that Colonel Roosevelt had flatly refused to be a candidate himself under any circumstances, and that he wanted their aid in helping him put the Hinman deal over. -’ Roosevelt is firmly convinced that with his aid as a campaigner Hinman can now win the nomination in the republican primaries as an anti- organization man and bring about the downfall of Willlam Barnes, the re- publican state leader. Plmples rashes, hives, red- ness and skin blemishes can be quickly removed with effective - July 1, 1914. . This m'prnented on Uuly 11, caretul consideration of the Mlmldou protective ~deemed it -inadvisable the tentative plan, ‘which was formed Sulphur Soap Delightful in lwm b-fll nerves and i eun!ruh- “I take the ROOSEVELT TO TESTIFY. Wants to Appear Before Committec on Colombian Treaty. Washington, July 22.—A request from Col. Roosevelt for an oppor- tunity to appear before the senate | foreign relations committee in pps position o the Colombian treaty was considered today by the committee, without action, however, as Chair- man Stone was unable to marshal a quorum. Col. Roosevelt wrote Chalr- man Stone he wanted to tell why "he opposes paying $25,000,000 to Colom- bia for the partition of Panama. “I replied to Col. Roosevelt's let- ter personally, saying that I would submit the matter of hearings. on theg Colombian treaty and his appearance before it to the committee,” said Sen- | ator Stone. *1 don't know what he will do about it.” The Missouri senator said he had not set a date for another meeting of the committee but that he would would not make public because it was addressed to the committee. CONFEREES TACHLE CRUX OF PROBLEM (Contlnued from First Page.) battalion of Irish Guards stationed there. The soldiers crowded to the windows of the barracks rooms, cheering wildly and waving their caps. USES STEEL SHANK 10 END HIS LIFE (Continued from First Page.) with him when the shooting occurred. Duddy is awaiting trial as.an accom- plice, but has asserted that his ‘s only a chance acquaintance with Rok- inson and that he knew nothing of the crimes charged against the other. Robinson had been in the city sev- eral weeks when a description of him was furnished by the police of Grand Rapids, Mich.,, who alleged that he had killed three men in a jewelry store in that city which he robbed. The police were soon on the track of the suspected man and detectives trailed him to the Boylston Cafe on June 19. Lunching With Duddy. He was lunching with Duddy when Norton and two other officers ap- proached and told him that he was under arrest. Robinson sprang to his feet and a fight followed during which Norton was shot and killed. Police Inspector Claflin, who had seized Duddy then fired upon Rob- inson wounding' the latter three times as he fled for the door. Robinson got to the street, but ran into a blind alley where he was captured by a mounted policemnn His wounds did not prove serious. The officers who survived the encounter claim that Robinson had thrown them off their guard by saying after he had been overpowered that he would go with them without trouble, and that he drew his revolver the moment his hands were free. Was a Telegrapher. Columbus, O., July 22.—Lawrence Robjnson, who last night committed suicide in jail in Boston, was bern and reared in Washington Court- house, Ohio. He was formerly an ex- pert telegrapher and worked in this city for several years. City Items W. E. Burke will build a $6,000 one family house on Bassett street for Henry Schwab. The permit was is- sued yesterday. F. G. Platt has been given a permit to make alterations at the Upson house on Grove Hill which he recent- 1y purchased of Mrs, Mary H. Upson. The weekly pay roll of the sewer department for the pa: amounted to $1,182.30. The bond in the case of Temperico Neri, of this city, who is accused.by the Meriden police of causing injuries to a Délaware motorcyclist, has been reduced from $2,000 to $500. Mrs. William H. Latham .and daughter of Ypsilanti, Michigan, are visiting Mrs. W. B. Latham of 145 Maple street. Miss May C. Warren of North Bur- ritt street, left Sunday on a two weeks’ vacation, the greater part of which will be spent in New Jersey and the Catskill mountains. BACK WITH NEWARK. Kraft, Who Almost Caused Strike of Ballplayers, Joins Old Teammates. New York, July 22.—Clarence O. Kraft, the baseball player whose re- fusal to go to Nashville almost caused a strike of major league ball players, left Newark last night to join the team in Providence and will in all probability be in the game today. The strike was averted yesterday when Charles H. Ebbets of the Brook- lyns paid the Nashville club $2,500 for its claim to Kraft. Kraft has been in Newark for about two months. He was sent over by Charles H. Ebbets to bolster up first base for the Indians. He played the position well and was improving in his work when he was ordered out, In fact, in his last game, which was against Baltimore, he won the contest by a hnE& run with the bases full, VIOLATES AUTO LAW: Stitf Penaliy [wpozed on Hartford Man Wh) Picaded Guilty. Upon the charges of reckless driv- ing and driving so as to endanger | the lives of Officers Frank and Jo- seph Moore being nolled, Sam Katz, ed gujlty to a violation of the automobile law and was fined $50 and costs by Judge Mes- kill in the local court today. Bonds ‘were fixed at $75 in case of an appeal. for the accused. the two police officers were driving down Sandy Hill when Katz, drivinz | cessive rate of speed and tooting an behind them. Their horse was frighiened and bolted and Joseph Moore was thrown into a ditch. The Whiffletree of the buggy was also broken in the runaway. the accused failed to stop his ma- what damages he ‘had caused. The defense denied driving at an excessive speed but admitted that the autoist was in a hurry to get back to Hartford after working in this city all day. It was the shrill whistle, however, that caused the horse to bolt, explained the accused and he furthermore stated that he did not would have surely stopped. Lawyer Katz asked that a light father. - Judge Meskill found the ac- cused guilty and imposed the above fine. Pushed Off Sidewalk. Mrs. - Sideroski, Mrs. Berman, Harry Sideroski, Alec Sideroski,' Mil- ton Wilinsky, Aaron Fagan and Sam- uel Chernaik were all in court this O’Keefe and Steve Mahoney woh, sidewalk Sunday night and then in- sulted them by using vile words. The state’s witnesses claimed that O’Keefe was the one who used the bad words and after speaking in English again used the same word in Hebrew so that all in the party might under- stand. O’Keefe admitted using the word but said he didn’t know what it meant. He was fined $6 and costs and was represented by Attorney P. F. McDonough. The case against Mahoney was dismissed. Alec Sideroski was the first witness | and in a distinctively individual way ‘told the court what took place. He said that he was standing with = party of seven on Hartford avenue when O'Keefe and Mahoney came along. He asserted that while there was plenty of room to pass around them O'Keefe and Mahoney plowed through the party and then applied a nasty wofd. When he attempted to interfere and make O'Keefe apologize | his mother held him back, he said. His testimony was worded in such an original manner that even the judge was forced to smile. Testimony given by the other wit- nesses -also tended to show that O’Keefe had shoved his way violent- ly through the party and had used bad language. He said that they were blocking the walk and to get through he had to push Alec to one side and as he did so that gentleman informed him that he “would get him it it took ten years.” To this he had responded in a vulgar manner and the whole trouble was over, he said. While cross examining several of the state's witnesses = Attorney Mc- Donough had them tied in knots by his clever questioning and compelled Aaron Egan to “take back” several statements he had made, ¢ Other Cases. A tax. of $5 without costs was also levied against Andrew Beckoy who was accused of assault and the case against Anthony Balczunas was con- tinued until tomorrow. He is accused of stealing scrap metal from the P. & F, Corbin factory. ARMY-NAVY GAME FOR WASHINGTON House Committee Favors Potomac PB!‘k for Annual Football Event Between Nation’s Defenders, Washington, July 22.—The annual Army-Navy football game probably will be played in Washington here- after. The house committee on mili- tary affairs reported favorably yes- terday the resolution authorizing the secretary of war to permit the use of Potomac park, just south of the White House, for the game. The report says that it is the opin- fon of the committee “that Washing- ton is a suitable place for the playing of the game.” The resolution provides that the secretary of war shall have full charge of the Army-Navy game. He is authorized to delegate authority to the army and navy athletic asso- clation, which has charge of the an- nual football event. It is provided that the government shall be sub- Jected to no expense through the playing of the game in Washington. Potomac park has ample room for football purposes, It is on the river front and easily accessible from all sections of Washington, TRIDUUM TO BE HELD. A triduum in honor of St. Anne will be held at St. Peter’s church this evening at 7:30 and will last until Sunday. A relic of St. Anne has been brought from Rome, and will be applied Sunday to all that desire. FINED $50 AND COSTS a Hartford automobile driver, plefld-i Attorney Katz, of Hartford, appeare(l\ The state claimed that on July 14 Silver Brothers’ big truck at an ex- | alarmingly loud whistle, came from | However, | chine or even to slow down to see i even see the horse and men or he | fine be imposed as Sam Katz was the | sole support of his mother and | morning to testify against . Thomas ; they claimed, shoved’ them off the ; Golly, Is Great To beat it out to the surf the first thing after breakfast in the morn- ing and take one good cold swim in the salt water. You don’t care whether school keeps or not. The water’s wet, the sun is shin- ing and your vacation is here. Let ’er rip. BUT DONT MAR YOUR VACATION. After you've had that swim and are sitting 'round waiting for dinner with your mind alert and your table of contents ad- vertising the fact that you baven’t had anything to eat since breakfast, you den't feel just right, eh? Wish it was dinner time and that you knew what was doing in New Brit— Pass the time till the bell rings. Just leave fifteen cents and your ad- dress at the Herald office before you catch that N Y., New Haven & H. R R train (they do catch ’em). Go on your vacation and be insured against that wasted time in the morning by having something real to read. Uncle Sam will get you the HERALD just when you want it most. You know what is doing and forget you are hungry.