New Britain Herald Newspaper, December 4, 1915, Page 11

BRITAIN DAILY HERALD, SATURDAY, DECEMBER 4, 1915. "DELCASSE LEADING | 7 Zousands of Freight Cars Tied Up, VERY QUIET LIF Since His Resignation From Gabinet of France (Correspondence of The Associated Press.) Paris, Nov. 6—Since his recent sud- en resignation from the ministry of foreign affairs, M. Delcasse has been living very quietly in his ters in Montmatre. His side of leading up to the resignation has not been told, and he is too worn | out with the hard work of the to make him combative in spreading before the public his version of the There desire avoid which | the impression that gov- ernment officials at cross-pur- | poses. And so the passing out of this prominent figure, who was probably better known in England and Ameri- | ca than any man in the ministry, is likely to pass as one of the incidents | of the w Most ministers are surrounded A political group, whic leader mects a rever modest quar- the story war Yrupture. is a general also, to controversies may create are by | when their takes up his cause and prese to the public, But De] never figured prominently and parliamentary circles, and there | is no group ready to take up the | cudgel in his hehalf. About all that is known is that French and Eng- | fish diplomacy was rather slow realizing the German plan of sccur- ing an ally in the Balkans finally eventuated in Bulgaria's ing the Central powers. an outburst of French ment, and Delcasse pa ing been the one foreseen and averted this German move to the southeast. Just how he epuld have averted it is not clear, but the chief criticism is that France and England remained passive whils the German game in the Balkans wax being played with great activity and success. Ability Noted Abroad. Some of Delcasse’s friends think | he is too strong a man to remain out of the government very long, at this time of need for strong men. They | sdy that when the Balkan storm has blown over, Delcasse will be able to | ask his successors what more thmvf have done than they expected him to | do, in checking German intrigue: The English sentiment would prob- ably me favorable to his returning. as his Balkan course was largely the sagne as that of the British Foreign | ce. The English also have a warm admiration for Delcasse as one of the chief figures in forming the en- | tente cordiale between England and | France. But his strength, and the recognition of his ability as a diplo- matist, have always been greater abroad, notably in England, Russia and America, than at home. ,The personal side of M. Delcasse’s life has its peculiarities, and this has been quite a factor in bringing about | his resignation. He works and lives | very much to himself, and makes no confidences. Even his associates in | the ministry knew little or nothing of | how he was shaping foreign pohclm relating to the war. He seldom join- ed them except at cabinet meetings when the discussion was formal, and | heswas in the habit of announcing re- sults rather than inviting discussion of what had better be done on various pending questions. Knowing hi§ ten- dency to, work out his own plans, he was given free rein and there no ‘“team work” on foreign affair At the Foreign office he wrote man: of the despatches of instructions much as e would do in his private affairs, often without keeping copies, and seldom letting their purport be gen- erally known among officials. Grad- vally it came to be felt in the minis- try that Delcasse was too exclusive in his methods of carrying on the for- eign branch. This had a good deal to do in bringing about the recent charlge. Systematic Habits Differed. Delcasse’s systematic habits also differed much from those of other official This led to a comparison between the habits of Millerand, the ‘war minister, and Delcasse, the for- elgn minister. Millerand is a man of intense application. He gets ab- sorbed in his work at the war office. forkets his meals, stays until a late (hour at night attending to various details, and finally finds himself in A state of scrupulous regularity. He ets up very early in the morning | nd is one of the earliest arrivals at he Foreign office. Nothing inter- Hpt\ the regularity of his lunch © Bther meals. He does his work nthm fixed hours, and leaves early. 1e goes straight home, taking no art in the restaurant, theater or zay life. He goes to bed early, and as a standing order that he is not 0o be awakeéned, no matter how ur- ent the business may be. This P marked contrast to some of abinet associates, who were on call iglt and day on anything urgent in heir” branches of war work. As minister of forcizn Del- asse had at his disposal the splendid rivate apartments at the Quay ' reay alw. set aside for the head Pt the office. But he was the one oreign miinister who never made use f them. The quarters include hand- ome salons, private dining rooms, ed Yhambers, e with ¢ outlook bn (ke spacious gardens of the es- ablishment. They are alongside the uarters of Viviani, president of the | ouncil, who has never failed to use is share of these handsome apart- ents. But Delc e has always pre- side has | in political | io This hroughf public sen sed out as hav- who should have 4 | s 1 ! of railroads having freight terminals BUSINESS REVIVAL | \Punds Exceptionally Abundant past twelve months. 5 new bonds and loans at a rapid rate | and | amount of securities held abroad; and = from exhausted and still seem to have great possibilities. viving. being launched and financed drain upon liquid capital. absorption of various forms vestments raonths has been simply amazing, and |5 was only partially stocks and bonds. vival.. Railroaders Seek Means of Moving Them The presidents and other officials on ‘the Atlantic seaboard are much concerned over the freight cong on and are working hard i {o prevent the situation from grow- ing more serious. All of the Atlan- tic ports are threatened with a more serious congestion than now exists, and it was asserted that a general e¢mbargo might be declared by all of the affected railroads upon certain ! commodities of export trade. The railroads will do everything possible to avoid such an embargo, it was | said, and they are looking for aid to the interstate commerce commission, of which body Charles C. McChord is chairman. ALL OVER COUNTRY | production report bare shelves and a widening demand for all classes of merchan- dise. Big retail stores in all sections «f the country anticipate a good Christmas trade. The steel indus- try continues on its record-breaking course the present rate of pig iron exceeding all precedent. Prices are again advancing and in some instances have reached a point | large and Despite Loans to Europe | (Special to the Herald.) New York, Dec. 4.—We are passing through extraordinary experiences in the money marker. Tunds are excep- ionally abundant and easy, notwith- | tanding an expansion of a billion in | oans of New York banks during the We have loanea | ast sums to Europe; invested in| repurchased an enormous | et our financial resources are far | Enterprise is re- concerns are old ones re- ate involving a heavy In fact the | of in-| three | Many new at a ra during the last reflected in the stock exchange transactions in There are many cvidences of widespread business re- daily General Trade FExpanding. ! General trade continues to expand | and bank clearings last week showed | 2n increase from last year of nearly | 57 per cent., in spite of diminished | speculative activity. November clear- | ngs were 75 per cent. ahead of last year and 40 per cent. ahead of 1913. | Reports from the West, where good | crops are a powerful stimulant, seem ‘especially encouraging. West of the | Alleghanies the war counts for little and local conditions are the principal factor. Merchants in those regions building having stores on the street. The artists for a New York fashion journal used to occupy the apartment above. It was always more or less of a surprise to officials that the head of the foreign office should put aside the sumptuous quarters at his disposal, and choose this abode in the heart of Bohemia. And vet the scrupulous regularity of Delcasse’s private life recognized. and his c¢noice of this taste. Life at When Delcasse went to Petrograd French ambassador a few years ago his systematic and simple habits were made evident there.s He took no part in the high life of the Russian capital. Regularly each morning at an early hour he called at the min- istry of foreign affairs for a talk with Petrograd, as { which | PPailroads are heavy nu | port | porations was only $70,000,000. quarter is merely a matter of personal i that restrains orders: but profits are this indu now enjoy- ing a degree of serity which should compensate for the lean period had been endured for months. buyers of equip- ment, having placed liberal orders for 1ails and engines, in addition to near! 25,000 cars in November, the large ber since January, 1913. Our e trade in steel is also promising, since foreign requirements are in- creasing while 1t Britain and € many, our chief competitors, are di- verting their encrgies to the demands of war. Building operations are also heing resumed on a larger scale under the stimulus of rising confidence and an easier credit uation. There has heen a decided improvement in the cdemand for textiles; both cotton and woolen fabries reflecting this change m advancing prices. New incorpora- tions reported in November aggregatey | $243,000,000, against $116,000,000 a vear ago and $121,000,000 in the same month of 1913 The total incorpora- | tions |e('0rdod for the past eleven months reached $1,362,000,000, against $877,000,000 in 1914 and $1 582,000,000 in 1913. These fac | show a remarkable revival of enter- 'nl'ifie from the severe contraction which followed the declaration of war; the low ebb being in October 1914, when the volume of new incor- The amount of new security issues re- corded in November was $230,000,000, against $28,000,000 a year ago. This was the largest sum in many months, except February last when the total was swelled by several large railroad bond issues, including $100,000,000 by New York Central. In the face of | such facts no very prolonged reaction in stocks can be expected. Steady Declining Tendencey. In spite of satisfactory trade condi- tions, flattering railroad carnings, | phenomenal activity in steel, etc., the stock market showed a steady de- clining tendency. This was attribut- ed partly to continued liquidation, to foreign selling and the approaching | opening of Congress. A lot of new problems have lately been pressed up- on public attention, such as prepar- edness, revenue, tariff, shipping, etc., and the political situation is further complicated by the coming Presiden- tial campaign and the excitement and uncertainty which that movement is likely to produce. There is no rea- son to anticipate any more disturb- wnce than usual during the next elec- tion, and when the President’s mes- sage reveals the Administration pol- | icy for the coming session, a sense of | relief will probably be felt. One im- { portant factor in the rcaction was | the weakness in the munition shares. M, Sazanoff, which was made subject of a detailed report to Pa He was scrupulous about this daily conference in its bearing on Franco- Rusian diplomacy, but outside of that the French embassy at Petrograd dropped out of its usual place as the center of all that was going on in the intense life of tue capital. These tempermental characteristics of Delcasse, of simplicity, systematic lerred to occupy a most modern mrtment on the Avenue de Clichy. aAvenue de Clichy is the o) ughfare of Montmartre, the cen- pr of Bohemian life, and is a sort of oney Island and Midway Plaisance blled togcther. The Delcasse quar- rs are in the midst of such bizarre hrroundings, on the upper floor of a S main regularity, and keeping things very much to himself, have not tended to strengthened him as a popular figure, so that when the storm came over the Balkans they all contributed in 3 way to the result which retired this world figure of diplomacy from the import- ant role he was playing in the foreign affairs of the war. the ! Iixaggerated war profits will not be re- peated. The Allies have sccured enough ammunition to tide over the ' | emergency, and Great Britain will now be able to make its own muni- tions at much lower cost than sup- plies drawn from the United States. Of course,* while the war continues | further orders may be expected, but | they will be less urgent, less fre- quent and at lower prices than the first series. Concerns with orders at early prices that will keep them occupied for some months to come must continue to show good results, but it is a question whether these have not been exaggerated and fully discounted. Tndirectly the war con- ‘tinuofi the most important factor. | Financial conditions have been ad- AUSTRALIAN PRIME MINISTER’S CAREER William Morris Hughes Founder of Labor Party There (Correspondence of the Asso, Pres: Melbourne, Australia, Oct. Jiam Morris Hughes, who this became prime minister of Australia consequent upon the assumption of the commonwealth high commissionership in London by Andrew Fisher, has a strenuou and picturesque career. He is a Welshman by birth and has just entered upon his fifty-second vear. TUntil he was about ten years old he knew but little English, but when he had acquired a betiter knowl- cdge of that language he became a de- voted student of it through the me- dium of classic works—the Bible, Shakespeare and Dickens for exampie Before he was twenty he was obliged to earn his living as a state school teacher, and, his healta having suf- fered from one strain he came to Aus- tralia. This step he took in 1884, For the next ten vears his life was a succes- sion of struggles to find work, keep it and retain his health. He was at various times a boundary rider or ranch hand; a railroad freight station hand; a shed-builder; a post-hole dig- ger; a vineyard helper; an employe in different capacities on coastwise steamers ana a driver; and once he tramped 600 miles to obtain employ- ment only to be disappointed. Socialist and Single Taxes. An illness finally turned nim to seeking his fortune in the city of Syd- ney, where he had to peddle books, mend umbrellas and do almost any- thing else which came to hand. At this stage he became a socialist and a single taxer—The latter from hear- ing lectures by Henry George who as then on a tour of Australia and rcading Mr. George's work “Progress and Poverty.” Upon the iormation of the Labor party in New South Wales as a sep- | arate entity Mr. llugkes threw his whole soul into the movement, and he may quite properly be said to be a founder of the party as it exists in Australia today. He spent three vears —1890-93—in orgamzing the labor and trades-union ciements in the then | colony and impressing upon them the power which they would wield if they | adopted the “solidarity pledge” which | they, he and William A. Flolman, now premier of New South Yales had originated. This work of organiza- tion eventually resulted in the ac- ceptance of the pledge by the labor- ites—and “solidar is the key to the Labor Party’s >cess at the polls both in state and federal elections and the rule of guidance for the distribu- [ tion of offices, Early Closing Act. In 1894 Mr. Hughes w. member of the Nev Sc islative assembly and h and hard worker. It wa elected a during his justed to present circumstances, thus discounting all known influences. Any important developments in the struggle would, however, be promptly reflected in this market. Peace talk is plentiful, but the chief belligerents show no disposition to come to termg | and the outlook is for the strugsle | to continue through the winter at least, although surprises may happen ! at any date. HENRY CLEWS. | Wear—ana plenty of it; ,ser\'ices in this body that he follow the ‘M EtAsnen 81, HARTFORD Snite for Stout Women a Specialty. Find Here latest styles in Men's everything that's The best and Wear—the best of Men our idea of Clothing Store Service. The most the we Rather it's part of it. important part, we think, is in care we take that everything sell is absolutely right in quality. We Don't Sell Anything we're not sure of- If mistakes happen, We pay for them, not you. H. O. P. Clothes are good examples of this policy, ——————————————————————— intro- duced and had passed the Farly Clos- ing Act. In 1901 when the first elections were held for the government of the forthcoming commenwea.th—the sev- eral Australian col-nles having voted to form a federation,—Mr. Hughes was elected a member of the house of representatives by a2 constituency in Sydney which it composed mostly of wharf laborers. These workmen he had already organized into a union of which he was made the secretary and later on he was instrumental in the formation of the Waterside Work- ers’ Federation, which ¢embraces not only the dockers and the like in that particular quarter of Sydney but those in every other part of the state of New South Wales. Mr. Hughes was created the president of the Fed- eration and he has been retained in the office ever since- So popular is he in his electorate that he has been returned to the houvse with a break. Rose to Cabinet Rank. Mr. Hughes was admitted to the bar in 1903 and in 1904 he rose to cabinet rank, This was in Australia’s first Labor ministry—that of J. C. Watson. He was minister for extern- al affairs during the short life of the ‘Watson governmen. but on the Labor party’'s again coming int power in 1908 he became attcrney-general. This position he has hc d iy every succes- sive labor cabinet and he does not ex- pect to relinquish now that he has become prime n.in.ster by the action of the labor caucus; which is to say he will assume the duties of both of- fices. Several landmarks in common RICHTER & CO. MEMBERS NEW YORK STOCK EXCHANG i G, il Represented by E. W. Eddy. New Britain Nat. Bank Bldg. Tel 840 25 NORTH & JUDD 25 UNION MFG. CO. 25 STANLEY WORKS 25 TRAUT & HINE 25 N. B. MACHINE 25 10 25 25 25 AMERICAN HARDWAR! COLT'S ARMS AMERICAN BRASS STANDARD SCREW NILES-BEMENT-POND FINANCIAL NEWS SPECIALTIES MAKE GAINS ON MARKET Trading Dull and Narrow—Mon- tana Power Shares Decline New York, Dec, 4.—Trading in the first hour of today's market was the dullest for that period in many weeks, transactions falling under 70,000 shares. Dealings in active issues were of the most superficial character, consisting largely of settle- ment of existing contracts. Changes in the more representative shares were unusually but specialties, notably General International Agricultural preferred, General Electric, Repub- lic Steel and Montana Power, scored striking gains. Unfited Fruit fell 6 1-2 to 144 and Bethlehem Steel to 465. Rails were firm but inconspicuous. Prices hardened in the most active final dealings. The closing was strong. Bonds were irregular, with a future sale of Anglo-French notes at 97, a new minimum on the exchange. Wall St. 10:30 a. m.—Advances of a fraction to a full point were rec- orded by numerous specialties in today's early dealings, with the usual neglect of more seasoned shares. The greatest gain was made by Interna- ’ tional Agricultural Chemical pre- | ferred, which rose 3 1-2 to 60. Mon- tana power, one of yesterday's strong | features, fell 3 1-2 to 73 1-2, and | United Fruit dropped 3 1-2 to 147 | in connection with some new finan- cing by the company. Trading was | dull and narrow. some Motors, Chemical narrow, New York Stock Exchange quota- ‘lons furnished by Richter & Co.. members of the New York Stock Ex- change. Represented by E. W. Eddy. Dec. 4, 1915 ext by at & a fu at High Low Close 718% 70% 1Y% 33% 32% 333 82 79% 82 | 61% 61 61% 102% 102% 1027% 70% 691 70% | 99% 98% 991 117 117 117 219 217 219 Am Tel & Tel ....128% 1283% 128% Anaconda Cop 87% 86% 87 AT S Fe Ry Co.106% 106 106% Baldwin Loco ....115 112% 114% 93% 93% 93% 90% 90% 903 .470 465 470 72 1% 72 1825 1821 1821 60% 603 601 63% 631 63% 543 53% b4y 9 93% 95 51% 498 513 ~143% 143% 1431 4% T2 74 46% 46% 46% Am Beet Sugar Allis Chalmers . Am Car & Fdy Co. Am . Am Am Am Am Smelting Sugar Am Tobacoo BRT ... Beth Steel Butte Superior Canadian Pacific Cen Leather Ches & Ohlo Chino Copper Chi Mil & St Paul. ColF &1 Cons Gas Crucible Steel Distillers Sec wealth legislation sre largely due to M Hughes' initiative. Notable among these are federal land taxation and the tem of compulsory military lnunlng‘ which has attracted atten- tion of the United States of late. Since the war in Europe emphasized the value of material fer munitions he has attacked with characteristic vigor what he called the “German metal ring” with the result that the British government has taken action against a number of firms engaged in the smelt- ing business: RECORD BROKEN AT P. O. Past Month’s Business Far in Excess of Other Novembers. Postmaster William F. Delaney an- nounced this morning the receipts of the post office for the month as $13,- 691,05, as compared with $12,365.25 in November, 1914, a gain of $1,325.80. This is the greatest amount of busi- ness ever handled in the month of November in the history of the of- MOUS HOTEL BURNED. Middletown, N. Y., Dec. 4.—The Howland house at Chester, N. Y., was destroyed by fire early today. The hotel had been famous for years as the headquarters for horsemen from «ll over the country who came to Orange county to attend races or buy and sell horses. EXPLOSION KILLS TWO. Versailles, France, Dec. 4, 2:30 p. m.—A captain and a lieutenant of the engineering corps were killed and three officers and a sapper were in- jured yesterday by the explosion of a shell at the instruction camp at Satory. FOREMEN TO DINE. The annual banquet of the New Britain Machine Company Foremen's club will be held in the Hotel Beloin at 8:30 o’clock this evening. The of- ficials of the concern will be the guests of the club. An entertainment will “‘spread.” Erie Erie 1st pfd General Elec Goodrich Rub Great Nor pfd Gt Nor Ore Cetfs. Inspiration PR Kansas City so ... Lehigh Valley Maxwell Motor ... Mex Petroleum . National Lead ... N Y C & Hudson Nev Cons N 43% 433 43% 683 G581 581 .1763% 1753 176 2% 1% 72% 25% 125% 125% 49% 48% 49 46 45% 46 318 318 31% 82 82 75% 6% 9214 9214 651 651 l102% 102% 166 75% 115% 118 9% 59 117% 641 26% 82 orthern Pac .116 Norfolk & West Pac Mail 8 S Co Penn R R People’s Gas Pressed Steel Car. Ray Cons .. Reading .. » Rep I & S com ... Southern Pac Southern Ry Southern Ry pfd Studebaker Tenn Copper ... Texas Oil . Unijon Pac Utah Copper U 8 Rubber Co U 8 Steel U S Steel pfd 2% 1011/. 28% 61% 162% 57% 211% 138 798 64 % 86 % 115% th | path of the dinky in i the oppcsite direction. en, of str Jjac: « 46 69 88 46 69 88 Va Car Chemical Westinghouse Western Union Bra American Hardware, 865-870; Niles-Bement-Pond, 5-430; Stanley Works, 69-71; Standard ain Machine 81-83, DRAGGED UNDER C Church street railroad about 6:30 o'clock last evening. Mortuary Fairview cemetery. will one. Corbin Screw Corporation in the ping and panions, He was walking down the | the inbound dinky was such that his neck was causing irstant death. were cut off and his chest was &9 what crushed. A native of this city, Mr, And! was the son of the late Mr. and Ira F. Andrews. man and made his home with his ter, berlain Council, many years he was employed at Corbin Cabinet Lock company. Another version of the fatality] v E\ow believed to have been the o witness. two switchers were on the and that it was while dodging one ti Mr. British Cabinet Considering G Reduction by One-third to Please London, cabinet now is considering a plan fd a general ministerial will members of parllament to give up third of their pay, “onsiderable irritation hs played in the working class since P, mier Asquith Exchequer McKenna, union conference invited economize, while economy had been taken by the isters and isters’ ductions is said because of this feeling 'HARTFORDEXCHA PRICES ARE NOR As Yet There Is No Big Bo Local Stocks Following the announcement ra dividend of 5 per cent. dd the American Brass compaj terday the Hartford Stock Exd has once more reverted to its condition and today’s quotationt prices: A Bristol Brass, 123-125 Departure, 17 186-190; & Judd, 19| Landers, Union Works, 260-280; the folloying 556-260; New North Clark; 60-6 Screw, AND NECK IS BROK Adelbert J. Andrews Meets Hd Death at Church Street Crossing. Adelbert J. Andrews, thirty vears of age, of 194 Chestnut was run down and instantly kill south off crossing] freight train just neral will be held from the H chapel tomorrow aftei 3 o'clock and interment will Rev. H. W, officiate, Mr., Andrews’ death was a tel He had been employed at department for several last evening, with several was going home to su track peedin from stepped dir] train comi While him, Mr, md e track As he he front of a freight gine did not strike drews was dragged beneath the tri The acell bro a heavy freight car. Both He was a sl Mrs. L. F. Bell of 194 Chesl eet. Mrs, Harriett Foster Knap) another sister and the dead man’s d other surviving relat member of Washington He was camp, P and also belonged to C: of A., Jr. O, U. A M. en by Charles Buettner, who Buettner states 1t crossf Mr. Andrews stepped onto the ent tracks, in front of the ot The backing switcher is said to hi struck Mr. shoulders, wheels. CUT IN MINISTERIAL Andrews between knocking him under SALARIES PLANNE Working Olass. Dec. 4, 4:10 a. m.—TH reduction by one-third salaries, which probab! be followed by an invitation 4 says the Chronigl been_di and Chancellor of t at the trad workers t towar min| civil servants. The min| decision regarding salary o to have been takel no steps ~———— Connecitcut Trust and Safe Deposit Co. A STRON » RELIABLE CORPORATION organized and qualified through years . of efficient, trustworthy servige, to act as Conservator, Guardian Executor or Administra tor. CAPITAL $750,000. SURPLUS $750,000 Connecticut Trust and Safe Deposit Co. M. H, WHAPLES, Pres't. HARTFORD, CONN,