New Britain Herald Newspaper, January 23, 1917, Page 1

& HERALD “ADS” MEAN BETTER BUSINESS PRICE THREE CENTS. NEW ERITAIN, CONNECTICUT, TUESDAY, JANUARY 23, 1917. —.TWELVE PAGES. ESTABLISHED 18 - BRAZILIANS FIRE ONDANISH VESSEL SNEAKING TO SEA " Believed to Have Obtained Explo- sives From German Ships Anchored in Harbor ¢ IGNORES SIGNAL T0 STOP UNTIL SHOTS- ARE' SENT Ambassador Gerard Inquires of Ger- man Government Whether Necutral Crew of Yarrowdale Included Am- “lerlcans—Swedish Steamer Sunk— Mysterious Ship Reported in Carib- bean Waters East of Porto Rico. SALARY INCREASES IN SUPREME COURT Bill to Give Chief Justice $10,500 Introdnced Today $10,000 EACH FER OTHERS Scnator Klett Urges Chairmen to Pre- parc for Discussions on New Busi- ness—Women Suffragists Pay First Visit of Session. Hartford, Jan. 23.—The assembly was in session but a short time today. Measures for proposed legislation came in fair volume. The last day for. new business will be Friday and Senator Klett urged the committee chairman to begin assignment of measures already in hand. there was no excuse for a long ses- sion. The women suffrage leaders, headed by Mrs. Thomas Hepburn, made their first call at the capitol FREE DEBATE ON SPEECH IN SENATE Resolution by Cummins Calls for Liberal Discussion AGTION POSTPONED Towan Expresses Opinion It Is Duty of TUpper House to Act Favorably on President's Invitation for Guid- ance, ‘Washington, Jan. 23—Senator Cum- mins of Iowa submitted a resolution to the senate today which would de- vote the senate beginning next Mon- day to a full and free discussion of the president’s world peace policy ex- pressed in his message of yesterday. He said All other business would be excluded ; until every senator had an opportun- ity to speak, not more than an hour. Chairman Stone objected to immedi~ ate consideration and action was de- | this session and began interviewing ferred until tomorrow. Rio Janeiro, Jan. 23.—The Dauish ' " steamer Hammershus was fired on last night by the guns of the fort at . Santa Cruz and halted while trying to Lcbut to sea secretly after receiving a quantity of provisions, according to report, a large quantity of explosives from German ships anchored in the harbor. The Hammershus entered the port at 10 o’clock last night and dropped its anchor close to the Ger- man ships. It took on board a large number of cases and then attempted to leave the harbor. ‘ The mavements of the steamer were | observed from the fort and signalled to stop. The signals were ignored un- tli two cannon shots were fired, when the Hammershus halted and was boarded by the port police. The po- lice compelled the steamer \to anchor In the neighborhood of some Brazil- ! v. lan warships, where it is being kept under surveillance pending an inves- tigation. Gerard Asks For Americans. Berlin, Jan. 22, via London, Jan 23. + —United States Ambassador Gerard today made formal inquiry at the for- +4 elgn office as to whether any Ameri- | ¢/ 'cans were among the neutral prison- %. ers of war on board the Yarrowdale. = Swedish Steamor Destroyed. | +'“w-London, Jau.. 28.—Lloyds the sinking of the Swedish steamier report Kamma, 1,616 tons gross. Danish Vessel Sunk. | London, Jan. 23, 12:56 p. m.—The.! « ‘Danish steamship Klampenberg of 1,785 tons gross, has been sunk ac- cording to an announcement made today at Lloyds shipping agency. The Klampenberg was built at New Castle | in 1889 and was owned in Copenha- | ». k- gen. Mystery Ship in Caribbean. Santo Domingo, Jan. 23.—The .\m- juerican steamer, Rina, trading betw: Santo Domingo and Porto Rico which arrived here yesterday dfternoon from Ponce reported having sighted « strange steamer. The strange vesscl was seen in the vicinity of ' Vieques Island, otherwise known as Crab Isi- and about thirteen miles east of Por- 1‘ to Rico. i The American Atlantic fleet passed . here yesterday. " EXPEDITION ON HOVE Outposts of Gen. Pershing’s Ordered in and Main Body of | Troops Will Soon March to Border. | ‘Washington, Jan. 23.—Withdrawal | of the outposts of Gen. Pershing's | force in Mexico has been ordered by | the war department with the ap- | proval of the president. | There were intimations today that as soon as the outposts are brought | in the movement of the main body "‘ot troops toward the border will be begun. No date for the sending of Ambas- sador Fletcher to the Mexican capital has been set, it was stated officially to- day. The question of lifting the embargo on the exportation of arms {r#» Mexi- ..co is being considered. SENATORS IN REBELLION Several Announce Opposition to Fin- | Force ishing President’s Program Pending Navy’s Fight on Cil Operators. ‘Washington, Jan. 23.—The admin- istrative program today was threat- ened with partial disruption as a re- sult of the declaration of a group of western senators to President Wil- son that they belleved no action could be secured on the general leasing and water power bills unless the navy department reduces its opposition to the leasing bill amendment to relieve private operators on oil lands in naval reserves. The senate steering committee to- day continued its meeting in an ef- fort to plan speedy handling of ad- ministration measures according to members on the matter of suffrage. Mr. Beck of Killingly offered a resolution to revise the state consti- tution by incorporating in it the sev- eral amendments which have been adopted and re-enact ‘withou altering its intent, meaning, or pur- pose so that the instrument may be- come more easily used and under- stood. Bills Submitted. Among the more important offered in either branch were following: Abolishing the board of examiners of embalmers and transferring its duties to the state board of health. Amending the compensation act so that stockholders of the corporations with sufficient assets would be llable for injuries to men in their employ. Establishing a system of compul- sory insurance for the purpose of furnishing benefits for employes in case of death, sickness or accidedt, not covered by the compensation law. Raising the salary of the Justice of the supreme court $10,500 and each associate from $7,600 to $10,000. Appointment of public defenders in the courts. Establishing juvenile departments in the several probate districts of the state, ; . Providing that automobiles shall come to a full stop at least fifty yards from a railroad crossing at grade, which is not protected by flagmen or bills the Chief from Jjustice tes. Establishing fifty vards as the length, of a cut of cloth in manufac- | turing establishments. Ralsing a committee on new build- | ines at the state prison. Regulating the appointment of medical experts by compensation com- missioners. To Oust P. U. Commission, To create a public service commis- | sion of five members to be appointed | by the gavernor in place of the public | utilities commission. This was offer- | ed by Mr. Morehouse of Stratford and the feature of the bill was the.pro- | vision that the present commissioners | not be eligible for appointment on the | new commission, Requiring that any person to fish in any body of water above tidewater shall take out a license, the money so raised to be used for fish propagation. The bill is favored by the Fairfield County Fish and Game association. Raising a commission to inquire in- to the practicability of a law provid- ing pensions for widowed mothers. Several mother pension bills have al- ready been put in, To abolish dll county commission- ers. This bill would require revceca- tion of 41 sections in the general statutes. To have an excise commissioner in each town which votes for license. To create a board of fifteen men to have charge of all penal institu- tions in the state and the stdte farm for inebriates. Some resolutions to appoint judges of minor courts were also offered. HORSES DIE IN FIRE. Fourteen Apimals Burned to Death in Bridgenort. Bridgeport, Jan. 23.—Fourteen horses were burned to death in the destruction of a barn on Center street early today owned by Susman & Fuer, provision wholesalers. The animals were valued at § The loss on the building is $200. ,000. about ESTATE PAYS $262,592. Hcirs of John Harkness Send Check to Knnsas. Topcka, Jan. 23.—A check for $262,692 from the Charles W. Hark- neszs cstate, New York, today is in the hands of the state treasurer. The money was collected as inheri- tance tax through the state tax com- mission and i{s the largest ever col- lected in Kansas from one estate. v LONDON DEAD SIXTY-NINFE. Believed to Be Complete List of Vi tims. London, Jan. 23.—The casualties to date in last Friday night's explosion wero announced today to comprise the wishes of President Wilson, wha has determined to make frequent trips to the capitol in an effort to expedite legislation. sixty-nine killed, seventy-two serious- ly injured and 328 slightly injured. This, it is said is believed to comprise the complete list. i blackjack, gagged The resolution said that inasmuch as the president in his peace proposal had declared for an official legislative action and that the president has in- vited free and frank expression of opinion for guidance in a matter in- volving the integrity of the nation and peace of the world, it was the bound- en duty of the senate to tharoughly | consider the proposals and to advise the president regarding them. Senator Cummins insisted that his resolution had a right to lie over a day without reference and said he would | object to its going tg the committee. { Senator Stone then withdrew his motion and the question will come up tamorrow probably and will precipi- tate general debate of all the issues involved. President Accused of Lobbying. President Wilson’s plan to visit the capitol frequently urgthg action on his legislation program, was at- jtacked today by Senator Jones, re- | publican who declared it indicated a course of *systematic lobbying” by | the president. B FACTORY PAYMASTER IS ROBBED OF $3,000 Was About to Distribute Wages Among Night Force in Bridge- Port Plant. Bridgeport, Jan. 23—John L. Grills, paymaster for the Bullard Machine Tool company, was waylaid in the factory here early today by two men, who knocked him senseless with o him and escaped with about $3,000, leaving no clue as to their identity. Grills was about night force in the factory. taken 100 pay envelopes from'a safe from the office on the fifth floor at 6 o’clock and had ridden down one flight in an elevator. Just as he left to pay off the late before he could enter the work room, he was attacked from behind and struck on the head. The next thing he knew he was re- covering consciousness on the floor with a workman’s towel knotted in By the time he was able to give an alarm his assailants had disappeared. GENERAL STRIKE IN SARAGOSSA, SPAIN Violence and Incendiarism Break Out and Police Take Charge of Indus- tries. Paris, Jan. 23, 9:30 a. m.—A gen- cral strike, reported to be accom- panied by violence and incendiarisr, has broken out in Saragossa, says lavas despatch today from that Spanish city. “The police are in charge of tiie workshops and the factories, adds the essage, and soldiers are running the street cars. The newspapers have suspended publication. ‘At a meeting in Barcelona, repre- sentatives of 300 trade unions re- solved to join the strike.” COMMENDED. Exceptional Devotion Duty” Wins Praise, Paris, Jan. 23.—In a second com- mendation in army orders, the second American automobile section com- inanded by Richard Norton, has sev- eral vidually. Robert MacCreary of East Aurora, N, Y., and Marcellus Wild of Rochester are named for their really cxceptional devotion to duty."” H. C. Hoskier of New York, Mar- el du Casse of New York and T. P, Northrup of Winnipeg received indi- vidual mention which entitles them to the war cross. “Really to STEAMER BOILER E! Killed is Report From Santo Domingo. PLODES. Many Santo Domingo, Jan. 23— persons on board the Domin coast steamer Carib were killed and others severely injured by the gxplo- sion of the steamer’s boiler. Which completely wrecked the vessel tican { libe He had | the elevator on the fourth floor and | his mouth and tied behind his head. | of its members mentioned indi- | PRESIDENT CALMLY AWAITS VERDICT OF ~ WORLD ON ADDRESS Expects Criticism from Europe for Trying to Prescrihe Peace Terms {INTERESTED MORE IN OPINION OF AMERICA Republicans Object to His Views, Having Aversion to Change Course United States Has Followed in Past/ —Wilson Believes Good Will Re- sult Eventually From His Stand for Peace League. ‘Washington, Jan. 23—Congress and the diplomatic corps, Trecovering somewhat from their béwildered amazement of yesterday, set them- selves today deliberately and with varying emotions to consideration ot President Wilson’s notable address to the senate submitting the results of i his moves for peace in Europe and outlining the conditions under which he believes the United States would enter a world league for permanent peace. Coples of the address also are in the hands of American diplomats abroad for delivery to the foreign offices of belligerents and neutrals and use of its reception there may depend whether there is to be any further protracted discussion of peace in the immediate future. After summarizing his note to the belligerents, the reply of the Central powers offering to meet their antag- onists in a peace conference and that of the Entente stating their gen- eral terms, what the president had to say about the immediate situation was expressed In these sentences: ‘““We are that much nearer a defi- nite discussion of the peace which | shall end the present war. We are | that much nearer the discussion of the international concert which must hereafter hold the world at peace.” Appreciates Opposition. ‘While the presigent i3 looking to Surope with _ . und in- terest In the emm ouncement | may have upon the governments and peoples of the warring nations, he awaits ‘with equal eagerness the ver- dict to be en by {he Amer- public ter mature de- ation upon the course he has championed hefore the world. It is known that he realizes the tremen- dous opposition at home to be over- come before the United States can take a place in a world alliance to preserve peace, even though that alliance be based upon.such a peace as he outlined as the ‘condition— pecice founded on the equality of | rights of mations, right feeling among | nations and the elimination of or- ganized rivalries. Open opposition to his ideas | ready has been expressed among | publicans of the senate and the in- herent aversion of a large part of the people generally to any sugrestion of | a departure from the traditional pol- icy of America is fully recognized. European Criticism Expected. Bitter criticism from Europe and denunciation of the American pres- ident for what will be cited as at- tempting to prescribe the terms upon which the great powers at war shall {1ay down their arms is expected. Nevertheless, the administration is | confident that evéntually, substantial good will come of Mr. Wilson's un- precedented course. It is pointed out that he did not mean to imply that American government would throw any obstacles in the way of any terms of peace the nations at war might agree upon, but merely expressed the opinion that no peace could endure that was not “made secure by the organized major force of mankind” and stated the conditions upon which the United States would meet free to take part in the great enterprise. FOOD EXPERT STARVES —_— David Hartman, Who Lived on Three al- re- Cents Per Day Allowance, Dead of Lack of Nourishment. Dover, Ohio, Jan. 23.—That David Hartman, 63 years old, is dead today is said by physicians who attended him to be the result of insufficient nourishment. Hartman, who is said to.have won a prize for an article on how to live cheaply, increased his daily allow- ance for food from three to ten cents a day recently when physicians told | him he was starving to death. He confered with an undertaker a few days ago, arrahged for a casket and other funeral details. He was foreman of a paint shop in Dover. R e i o g WEATHER. Tartford, Jan. 23.—For Hartford and vicinity: Gener- ally fair and warmer tonight and Wednesday. \ { s e ENTENTE PRESS IS DIVIDED ON SPEECH “Splendid Policy, flNobly E pressed,” Says the Guardian STANDARD INDIGNANT Questions Right of President Wilson to Shape Destinics of Europo— French Editors Arc Sympathetic | But Skeptical, London, Jan. 23.—The Guardlan Manchester coammenting on President Wllspn’s speech to the senate, calls it | “a splendid policy The Guardian sa; “The speech was addressed to the senate but informally concerns ‘our- Selves and our adversaries in the war. The president has no intention of | taking any part in the actual negoti tions. of terms of peace; that he leaves Wwholly to the belligerents. He simply comes forward now to state in unmis- takable terms, both for his own peo- | ple and for the other people, of the world, every one of whom Is directly concerned which kind of peace it Is, he will consent to call upon his coun- trymen to approve and sustain.” After quoting the chief points in the speech, in regard to the conditions on which peace must be based, the Guar- dian continues: “It is a splendid policy, (nobly ex- pressed. How will it be received?eBy | the peoples everywhere we cannat | doubt joyfully; by men of good will and enlightenment everywhere not less joyfully and with a clear percep- tion that this is no vision of Utopia but g well thought out and justly framed scheme of a man in a great position and versed in great affairs.” Asking how the belligerents will re- gard it, the paper thinks its principles and phrases will be hardly palatable to autocrafic rulers or easily recon- ciled to their traditions and methods of government. “But yet, if. the people hear them gladly, perhaps the government also may find it wise to find in them a path nobly expressed.” jat $140 a share, $1,400. |NEW LONDON FOLK Gross Estate Valued at $83,833.73-— Greater Part Represented by Stocks in Conn. Manufacturing Concerns. B. Andrews and | appraisers of the estate of Eliot H. Porter, who died suddenly on October 14, 1916, was submitted to probate court today. Inventory shows a gross value of $83 |933A73 with an indebtedness of $44 576.81, leaving a net of $39.356.92. Itemized, the estate is as follow: Cash and checks, October 14, $686.4 New Britain Trust company, $493.7 Savings Bank of New Britain, $54.7 Mitchell. roadster, $800; 1 share New Britain Golf club, $20; 30 American Hardware Corporation, $135 a share, $4,050; 33 shares Union Manufacturing company, at $100, | 300; 54 shares Bristol Brass, at § a share, $4,050; 45 shares Niles, B ment-Pond, at $180 -a share, $§,100; 53% shares Scovill Manufacturing | company, at $640 a share, $34,240: 15 shares North & Judd Manufac- turing company, at $94 a share, $1.- 410; 10 shares Standard Screw, at $400 a share, $4,000; 30 shares Amer- ican Brass company, at $330 a share, $9,900; 10 shares Colt's Patent TFire- arms company, at $850 a share, $8,- The report of C. E. Ramage, 8. company, at $88 a share, $2,200; 10 shares Billings & Spencer company, DISAPPOINTED AGAIN They Thought Sure Forwarding Com- pany’s Launch Was Another Merchant Submarine. New London, Jan. 23.—A small tug entering the harbor early this morn- of safety. As for ourselves they our terms. or if they are not they ought to be and the mass of the na- tion will do well to see that their rul- ers render to them every possible fa vor and support.” Referring to the president's “nob]yl concluding wards" the Guardian says: ““These are words-which will find an echo ih Hiany héarts and words are sometimes’ deeds.” : The Standard refers to President Wilson's speech as astounding and, speaking of German claims of victory and the emperor's letter to the king of Wuerttemberg, continues: Questions President’s Right. “In other waords, mediation is pre- mature and if persisted in it is to be interpreted only as a desire to help the party which already claims to have won. Moreover, it is not clear by what title, legal or moral, President Wilson assumes that he had some right to shape the destinies of the European continent. Hé did not protest against the infringement of The Hague comventions. He has nev- er expressed the smallest sympathy with the sufferings of France, Bel- gium, Serbia or Poland. We have heard his voice raised on behalf. of suffering ,humanity only since Ger- many seemed visibly on the decline. It is really very hard to see what lo- cus stand the United States can claimi in' this matter.” Same Mistake, Says Parisien. 23.—President Wilson’s in Paris, Jan. address to the senate is printed ! ful] in the most prominent place by | all the morning papers and comment as a whole is sympathetic but skep- tical. The Petit Parisien says: “It seems that President Wilson, as in his previous note, has mistakenly placed the states attacked and the aggressors on the same footing, when the distinction was an easy one which he was in conscience bound to make. With that stipulation we can only subscribe to the formulae which the president set for this basis of future peace. None of his conceptions can offend us. They are ours. They were ours long before 1917. We certainly will not oppose them. Tt gives us only pleasure to see these plans for liberty and justice eloquently upheld by Mr. Wilson. But what will Ger- many and Austria 4 Gustave Herve. writes toire: “What a pity it is this page of social philosophy and almost little words: tory.” The Humanite says: “President Wilson has set forth that a great pacifist program which reveals to the world the lofty in- spiration that dictated the note of Bec. 18 in the Vie- masterly s marred disfigured by those three “Peace without vie- POSTMAN WAIVES EXAMINATION Accused of Robbing Mails After Long Service. New Haven, Jan. 23.—James ¥ Murray, a letter carrier of Stamford, waived examination when arraigned before United States Commissioner Wright here today charged with roh- bing the mails. He was held for trial in the federal court under a bond of $1,000. He had bheen a letter rier in Stamford for twenty-six year: are | ing with lights arranged in an unusual i manner close to the water gave Tise to {a report that a third German mer- chant submatine had arrived and it | was not until daylight that the report | was found to be untrue, Rumors that the Deutschland or a shares | at | 500; 25 shargs New Britain Machine ' 'WHIPPLE SEEKS CLUE TO E LEAK ON WILSON'S NOTE BY GOING AFTER ‘SHORT Counsel For Probe Grills Head of Sta Exchange and R quests All Records COMBINATIONS NOT CONSIDERED EVE H. C, S. Noble Tells Investigators change Does Not Incline to That There Is Any Immoval Combines—Chairman Henry Fi Dircct Ansyer to Question Witness Quibbles, 4 York, Jan. 23.Searchlight| ithe house rules committee into | “leak” said to have occurred in I nection with the prerident’s P note are to be turned immediately all the “short” deals which took on the stock exchange from Deg| fo Dec. 28, Tt was on such spee tion if any, that profits were on advance information regardin recent peace note, it is averred. That this feature of the ing may be expedited, the committe its first session today ordered Hj Noble, president of the stock change, to ‘reduest’ the govel board of the exchange to ask members to supply the comm forthwith: with a lst of all of transactions hetween Dec. 10 Dec. 23, designating all custom their real names and not by nui or appellations, The statement secured also show the numbers of stocks porros Iby whom and to whom loaned the date returned. ‘ Noble was the first witness e after Sherman I. Whipple, cou for the committee had made opening statement. Samuel Strelk, chairman of the stock | New | sister submarine soon would be here | have muitiplied lately. the visitor-was.set.when the Eastern Forwarding company’'s | left her dock about midnight manned | by a crew from the interned steamer ’Wl‘lhclm and proceeded out of the | harbor for a point near the entraj where she cruised to and fro for S? eral hours. The tug came in about 2:30 and dropped anchor near the res- idence of Captain Frederick Hinsch of | the Eastern Farwarding company. | Her position there strengthened the A watch for launch Efco change clearing house, the ged witness, cxplained its opevations The investigation, ace@tding to plan Whipple ontlines -~ neol Adetermine first of all thyees things| What were the activities on exchange during the week of ¢ when the leak on President Wils peace note is said to have occul uand the possibilities for causing es? | ‘Where are the brokers’ reportsj the trahsactions during this pel Who made the profits? report that she was the expected sub- | marine, | VILLA AND ZAPATA JOIN | { Alliance Against Carranza Madc Outlaws’ by Representatives—Pancho Said to Have 8,000 Men. o ‘Washington, Jan. 28.—A new alli- ance betweéeh Villa and Zapata against Carranza ws made by representtives of those two chiefs at San Andres, near Chihuahua last week, Officlals here are less concerned in the alliance than in reports made by Villa’s field officers that they have col- }lected in the territory south and west | of Chihuahua 8,000 men equinped to launch a new campalgn to carry cut Villa's part. Officials here hope that Carranza will be able to dominate the territory as General Ogregon, minister of war, has ordered: Generals Murguia and | Dieguez to garrison all the points loft by the American troops. BERLIN CANCELS TRAINS, Also Warns Shippers Against Sending Certain Goods. Berlin, Jan. , via London, Jun. 23, 6:25 a. m.—The cancellation of a number of long distance and local trains was announced today as the latest move. in grappling with the growing difficulty of and the rolling stock problem. Freight shippers were also warned that certain classes of goods would no longer be accepted and were advisad to ascertain just what they may send. 93 SAFI'ORD CASE RESTS, Accused Charged With Identifying Wax As Osborne, New York, Jan. 23.—The defe: the perjury trial of Franklin D. ford, arising aut of the “Olive borne™ case rested today in the fed- eral court. Safford is accused of having falsely identified James W. Osborne, former assistant district attorney, as the wooer of Miss Tanzer while masquer- ading, the girl declared in a breach of promise suit, under the namé of “Oli- ver Osborne.” TATE OF MAYOR RICE. New Haven, Jan. 23.—The estate of the late Mayor Frank J. Rice, in the {will filed in the probate court today is given as less than $10,000. The estate is left to the widow. transportation | The second fnquiry, Whipple should extend both to profits and osses. “After that,” he ee, may feel tiat where it may about those who likely that thos those who obtained tion. 1 it fited and it who profited i ivance info “Fom"” Tawson Absent, ‘e famlilar e of Thomas Lawson was ing from those sembled at tie The arrangemo <courtroom, Whip tho counsel <halr Wi e cutlined briefly ing up 3 jnquiry and would tzke Announcing Le the first other things him as to t} sues co-operating together Mr. Noble was asiked to deseribi the beonefit of the committee | | workings of the siock exchan: personnel of its management an rules and regulatione. B Mr.iNoble described in dotall actlvities of the market on the of the exchange on a sample day. characterized the New York exchs as a world market, emphasizing a substantial proportion of its b iiess came from abroad. The exchange, itself, made no rd of the dally transactions as t| occurred, this being done by the ! change tickers. If crrors were mi they were usually checked by in ected brokers and a correction be sent out by the ticket. The exchange clearing house, however. receive at the end of each day fi | cach broker a statement of its i chases and sales, explained the nes thomo he cvents Id ration of it proh the srope th Mr. Dess, that Noble w{ he said o) Records Accessible. “Then the stock exchange has solute knowledge of what oceurs the floor?" asked Whipple. B “That is right,” Noble revlod: “And those are accessible t0 committee 2" 4, Tie board of governors of tho} change, said the witness, can ® force penalties for the violation any of its members of the stand | of commercial morality and per honor. ; | Mr. Whipple questioned the ness as to the difference bet | spculative and investment secur! | and asked if it was not true that speculative stocks offered the (Continued on Tenth Page)