New Britain Herald Newspaper, September 10, 1925, Page 12

HEIRS OF STINNES ESTATE FORCED INT | Banks in Control of Banks, Iron Works, Hotels,| Coke, Iron and Steel Works, Etc., of Deceased Industrialist. | great holdings under the 10 () wide ntly Berlin, Sept. there has been world curlosity 18 to whether thesons and daughters of the late Hugo Stinnes would suc- ceed in “the five Rothschilds of known in financial becanse their success in conserving the | tamily's unity and fortunc, | Loans Unpaid. | This curiosity now is rewarded by \ spectacle which reveals the quick-| ly accumulated estate of Stinnes, Germany's great industrialist, forced liquidation and tightly in the clutches of a bunk syndicate to which it is heavily in-| debted for money loane inally | for six months, to save § dustrial empire.” Already Stinnes' banks works, hotels, real estate, clectrical plants, steel concerns, and the apple of the| dead man’s eye, the Deutsch Al meine Zeitung, have been sold. bBut) thie family still has the Muelheim | coal mines, in which Stinnes started | to wealth Advice Ignored. “Stick together, and stand hy mother,” this was the admonition of | Hugo Stinnes as he lay dying in| April of last year. It was 10 his sons and daughters, gathered at the sick bed, He had in mind a family union for the protection of | his vast and varied inte alued it many millions of dollara. But in leés than a year passing the injunction ignominiously discarded fa emulating the example of Frankfurters,” as the five Frankfort became| history in his family orl iron steamships, coke and iron ests of beeame his | an mily shib- UP TO $300 to Housekeepers N | Hugo Easy repayment terms Lawful interest only Beneficial Loan Society 8T West Main St Cor. Washington Itoom 101, Phone 1--1-3 Open 9 t05.30 Saturdays 9 to 1 Licensed by the State and Bonded to the Publin 0 LIQUDATION holeth, between the to conflicting three sons and the wid- and soon t angled in a web of financial diffi- culties which culminated in the pres- ent forced liquidation Had Feared Disagree Intimate friends Stinn that he saw such an eventuality us disagreement among his sons, who vere to ussume the regeney ovar his lirection of mother, the helr to the Ihey point out as proof of will of Stinnes provid- ow his that the cd icting opinions by ¢ H Ly the estate W Stinnes, original for such an emecrgency as con- signating the 15 excentive br. the eldest son, who exveutive director director « in case Edm was the jand the third son, Otyo. could not g Hugo, Jr, ite d g 1 8 the father's favor- years in the magne was constructing far- flung industrial and commercial em- pire. Constantly he at his sire's side. Edmund, who 15 characterized by acquaintances as of u mercurial temperament, after he assumed the post of cxecutive director of the tate is said by friends of the fam- ily to have entered upon projects which brought sharp opposition from which his wa 8- | his mother, Hugo, the family's legal adviser and the banks which' had supplicd credits for the Stinnes en- terprises. As Otto also had been give in the fumily councils, 1- found mother and en a vot mund soon his | two younger brothers pitted against him, and in less than a 12 month the union Stinnes the elder had desired | was aisrupted. mund withdrew to devote him- °If 1o the automobile and insn end of his father's holdings. His tion wus followed by the banks tak- which they held as collateral for loans. Then came the forced liquida- tion. May Save Coal Mines, There is some speculation - as to whether the bankers will save to the family the Stinnes coal mincs at Muclheim, which have been in its possession fpr three generations and whieh formed the foundation of the Stinnes fortune, or auction block ong with possessions of the dead finan- mon other clal giant, “Supermen, such as Nietzsche saw them, would have been required to administer the industrial and com- mercial realm acquired by the late tinpe the comment the Rhenish newspapers on terma 1 ragedy of the Stinnes, one of what it House of assumes that it Stinnes the elder still were alive he succeeded in adapting himself to the altered cconomic and financial which were hrought about by “the stabilization of German currency. would have b JAD THE HERALD CLASSIVIED ADS FOR RESULTS opinions | aver| “{in whether these | pits also will be put upon the com- | the | of | conditions | 1 NEW BRITAIN DAILY HERALD, THURSDAY, SEPTEMBER 10, 1925, e CONTROVERSY ON AR ALLEGATION Mitcheli's Assertions Denied by ‘ Wilbur » great estato became | Sept, 10 (A—Critl- clsm and retory continue in the wake Washington, of the Shenandoah disaster as the service controversy stirs in congressional revived air up more Interest cireles, eretary Wilbur declares in - a formul stutement, issued to correct | “certain mislcading assertions,” that there was nothing whatever “politi- [cal” in connection with the Shenan- doah flight as that of the lost seapla No, 1, the commanding ol asserts, were glven entire f in selecting the time of the flights and were confident of their success. | Also, he re s ag entirely | proven the theory that the reduc- tion in the number of ape valves might have contributed to the Shen- andoah's collapse. 5 The opinion, however, of Captaln | Anton Heinen, dirigible construction engineer, that reduction of the num ber of escape valves made the Shen- andoah unsafe is one of the ques- [tions that will be inquired into in a forthcoming congressional investi- | gation of the disaster, announced by Chairman Butler of the house naval affairs committee, Captain Heinen will be called to testify before the {committee, Will Tnyestigate Attack The committee, Chuirman Butler also will investigate the at- sek of Colonel William Mitchell on the administration of the air service, which {he colonel asserted that | polities had dictat »d the Shenandoah L ldressed | ing charge of the Stinnes properties, |gieny in an effort to offset failure of | lthe navy's Aretic and Hawallan |fights. Statements attributed to |Mrs. Zachary Lanedowne, widow of [the Shenandoah’s commander that [her hushand had opposed the flight, but she has since denfed making also | will be looked into by the commit- | ¢olonel Mitehell, gainst the administration of the air gervice have hrought the disciplin- ary forces of the war department into actlon, is out with another ctatement declaring that if the de- | partment wants to take disciplinary action on the question of Insubor- ldination there will be no defense on | whose charges Fis part No Defense | “There will he no investigation. no pleas, no defense on my part cover- |irg a question of that kind." the col- onel sald [ neeged s of the war and navy de- [martments and fheir conduet in this raceful administration of avia- [ tior Such a thing as military diseipline | aed, “If superior officers are not [that in fact but only in name he |dectared, adding that to obseure the ONE OF THE GREATEST SEMI-ANNUAL MARK DOWN SALE In Our Many Years of Business COMES TO A CLOSE SATURDAY This Is Your Last Opportunity to Buy FURNITURE AND RUGS at the Lowest Sale Prices, of the Year THE GLENWOOD RANGE CLUB SALE Also Ends on Saturday. You Will Be Well Repaid by a Quick Visit. 1o buy. Don't Put Off the Impulse C.C.FULLER COMPANY 10-56 FORD NSTREET HARTFORD LAST THREE DAYS USE THIS COUPON - UNION LAUNDRY CO., NEW BRITAIN , | have seen > West have been cleaned My Name My choice for priz (check vour choice The Home of DESCO Main street. My guess is to fill the hucket. ] $50 Suit from Fit ] $50 Gown from I e | [ ,)\[ the Bucket of Mud in your window at DESCO head- garments ch-Jones Co. Javidson-Leventhal Drop this coupon in the contest box at DESCO headquarters, 72 West Main street, or mail to Contest Manager, Union Laundry C )., 226 Arch stre et. In that flight as well| “The investigation fhat e | T ST e SUIT AGAINST FORD FURTHER DELAYED Elforts of Mississippi to Collect $16,000,000 Held Up Issue ho hys raised of the “disgrace- ful condition” in acvronautics would be merely to delude the public.” In connection with his book, “Winged Defense,” the Inclusion in which of cartoons held to be unfair and discourteous to Secretary Weeks Is understood to be another matter under inquiry by the department, Colonel Mitchell sald the cartoons were Inserted by the publishers, He sald he had the “Kindliest feellngs” for the secretary personally and that as to the cartoons he “imagined they made Secretary Wecks laugh as | New Orleans, Sept. 10 (P—The much as anybody elee." suit of the state of Mississippi s Bags Intact against the I'ord Motor Company, to In his reply to criticism concern- | collect $16,000,000, alleged due for Ing the Shenandoah's fight, Secre. |violations of the state antl-trust law tary Wilbur declared the fact that |loday was farther than ever from the gas bags did mot explode and [its original goul. were Intact after the ship broke up, | Kept from the trial in the courts showed that the change in the es- |Of the state by an action of the de- cape valves was In no wuy responsi. | (cdant’s attorneys which threw it in Tabrantip cfiee el the federal courts, the sult, filed by Whe contrary opinion of Captain |Slate Revenue Agent W. J. Miller, Heinen also fs challenged by Tieu. | Va8 temporarily restrained yesterday tenant Commander Charles E. Ros- | {rom being proceeded with by a fed- endahl, navigator and sentor suree. |€ral court decision that there “was Ing officer of the Shemandeal. whe |rcasonablo doubt that the conten- declared in a statement at Lakehurst, | 1003 of the state revenue agent, 7. that Helnei's supnosition was |C/2iMIng price-fixing agreements abmelutely unreasonebler | ‘The |With Ford dealers are a violation of naval officer treated Colonel | ' Mitchell's statements concerning the Shenandoah as a “big joke.” HEARING ON BUS LINE TO CANAAN {Railroad Would Run Jitneys as | Well as Individuals A mass of records was presented by counsel for the state revenue agent's office, intended to prove that the Tord Motor Company sell its products for cash and then fixes the ale price of such produgts after ceased to hold title to them. Claiming that a profit of twenty per cent allowed to its dealers was a substantlal ground for the right to fix re-sale prices of its products, the Iord company's general counsel, W. R. Mtddleton, got an injunction, pre- venting the state of Mississippl from prosecuting the case wntil a motion to oust the case can he settled in the !foderal court. The hearings of the motion was for the November term. FIND AVIATORS' GOATS Two Navy Jackets Washed on Beach it set New Milford, Sept. 10 (®—Scores Iroad men and bus operators ¢ today to attend a heaping two members of the public commission on the applica- tion of the New England Transpor- | tation company, a subsidiary of the New Haven railroad, to run a bus line from Danbury to an, a dis- |tance of 55 miles. The new bus line L\which would pass through New Mil- {ford, Kent and Falls Village, would {rep an unprofitable passenger train service now run between the {two cities, The railroad would sus- pend the rall service and operate busses over the highways There are at the present time, I tour other applications for bus lines lover the same route and these ap- |¥as on a non-stop flight to Honolulu ! plicants were represented at the{and indicated'in radiocast messages ‘hearing today by Judge John I, |that her fuel supply was low and she | Addis of New Milford and Clinton [Might be forced down into a stormy torabfck. Tt was said that the bus 5% line operators of the state consider this in the nature of a te case. | The railroad was represented by 120 witnesses in the various hranches of the railroad " scrviee and these witnesses were being presented and questioned today. on Island of Hawaili May Be Cluc o PN-p No. I Crew. Honolulu, Sept. 10 (P—Two avia- tors' coats found on the Keauka- {hakea beach, seven miles from Hiio, today gave hope of a clue to the fa of the crew of the missing seaplane P’N-9 No. 1 which dropped from sight with a crew of*five men on 15(‘1)'., 1 in mid-Paci The plans A Authorities were also investigat- ing a report sent to the Advertiser from its Hilo correspondent which {said: “Two kapok life preserving jack- efs marked ‘U. 8. Navy' were found last night on the beach at Leleiwi Point, ten miles south of Hlo. The jackets were ordered deliv- ered to a battleship today for in- spection. Identity of Body Still a Mystery New Haven, Sept. 10 (A—No head- way was made this morning in clear- ing up the identity of the man whose hody was found in a clump of bushes CITZENS ADM D Stamford, Sept. 10 (A—Out of 33 applicants for naturalization papers who offered their evidence of resi- dence here and qualifications for citizenship during the first hour of court at which Judge John R. Booth of Danbury sat this morning, 31 were admitted. The ofher petitions were continued for further study. There wore 112 petitions hefore the court wherein the applicants were |in West Haven, yesterday. Coroner from this city. Darien, New Canaan |Mix was holding an inquiry but it and Greenwich. {had not been determined how the man died, a strong belief being held, however, that he was struck by an automobile and his body dragged to DISTURBED MOVIE'FANS | Alfred Emmons, 17. of 3 Armis- | tice streef, charged with drunken- the bushes. ness and creating a disturbance in | The presumption that the man a local theater last night, was found [might have belonged in Ansonia was guilty and placed on probation for |given up when it was found that the six months by Judge W. (. Hunger- |description did not fit a man missed ford in police court tod | from Ansonia, —_— | Chief Tuttle of the police PEPPER TO RUN AGAIN called Into consultation by Philadelphia, Sept. 10 (P-—Sena- |coroner shortly hefore noon. tor Pepper of Tennsylvania today | tormally announced his candidacy | READ TH for re-election to the scnate. 1‘ ADS FOR RESULTS [ was the One Emergency proves its value Fire, a burglar, sudden illness—you need help Gi oonce, If you are faced with an emergency, will you have to lose precious moments running through dark room:s to the telephone? Not if you have an extension telephone in your bedroom! When you need it most, it is within reach of your hand, ready to summon speedy assistance. Its worth in one emergency will be many s small cost. An extension telephone is an additional telephone connected to your present line, having the same number, and, like your present telephone, used for both making and receiving calls. Conveniently located in your home, its cost (after a moderate connection charge) is less than 2 cents a day. Call our local Business Office for further information, or—better yet—save time by giving your order-for an extension telephone at once. tim THE SOUTHERN NEW ENGLAND TELEPHONE COMPANY BELL SYSTEM One System \.,‘\ % Universai Service Ore Policy | do students but that the list of those CLASS ALONE FAILURE COLLEGE FOR LABORING Moscow Announces Revocation of Order Banning Others From Institutions of Learning. Moscow, Sept. 10 (P—Students expelled from Russian universities because thgy did not belong to the laboring classes will be allowed to re-enter and continue their studies, | A. V. Lunacharsky, people’s commls- sar for education, announced today. In educational circles it is stated | this action has been taken because the communist party and Soviet trades union organizations have not been able to send a sufficlent num- ber of candidates to fill the vacan- cles in the student ranks. A conference of professors also, disclosed recently that fifty per cent of the students from the laboring classes showed slow progress and were not fit for university careers. Lunacharsky today acknowledged that many irregularities occurred at the time of the expulsion of well-to- | forced out was being examined care- fully and It was his intention to ap- proach the council of commissars to allow some of them to re-enter the universities immediately. The actlon will affect 3,000 stu- dents. Alco Sales Machines i Ordered Out of Waterbury Waterbury, Sept. 10 (P—Promot- | ers of the Alco Sales company, dis- | tributors of slot machines, were or- dered to have their machines out of the city by Saturday in a ruling 4} out by Judge John I. McGrath in city court this morning. | The decision made in the | trial of 16 proprietors of alleged | gambling machines taken in raids by the police during the past ten- days. The company has been forced | to leave Hartford and New ILondon ! because of police prosecution, ac- | cording o the testimony of Meyer 1. Klein, a partner in the company vesterday. Noroton Woman Seized - | And Keys Stoien Noroton, Sept. 10 (—Mrs. Thom as A. McMillan had just left the house and gone into the yard last evening when a man seized her, and, according to her report to the police today, took from her a bunch of keys which she had. Mrs. McMil- lan says she fought the man, who finally left her, but he had succeed- ed in tying a picce of cloth over her mouth as a gag. She is unable to | explain the reason for the assault. She had no valuables about her. The Darien and Stamford poli e e fo find a man answering the descrip- tion given by Mrs. McMillan, 1 Mrs. McMillan is the wife of the | president of the Ship Cattle Co. of New York 33,000 PUPILS New Haven, Sept. 10 (P—Public schools_of this city which reopened today received an estimated 33,000 children, and the figures made record. %@@E@EEEEE@E@EE@@E@@E@E ® New hats in yet? Sure thing. Lots and lots of them. What are they going to wear? Big brim, full crowns and bound edges. brims and fancy bands. Snap [ ] o ) o ) ) o ] ] o] ][] Colors new? Some fine new ‘willow and cinder shades. grays with blue and gray bands. (=] =] (] How are price Most reasonable in town. 210,00, Range from $2.50 to Guess I'll drop in and look 'em over. Come in today. Our stocks were never more com- plete. And say, old man, do you know we've:taken over the hat business of the Beckwith Co., formerly of 273 Main street. You have, eh! That makes you the higgest and best hat shop in town, ¢ Yighto! 2 “WYOUR HATTERS” BECKWITH'S Connecticut Hat Co. 6 R. R. Arcade STETSON HEADQUARTERS DoOooooooooooooooooool) ] ] [} (e} ] [ (] [} ] |} (] ) (] () {0} [ ) (] ] () [ ) s (] Quick Results Use Herald Classified Ads 325 Delivered in New Britain Or, under Studebaker’s fair an liberal Budget Payment Pla this Coach may be purchased ou of monthly income = with an initial pay- $42 ment of only ECAUSE Studebaker builds sets, gray iron castings and drop possible to give purchasers two to use steel of extra toughness, more than competing cars. functions as a unit. This results life, scores of thousands of miles with its unit-built construction offers you a bargain in qualily. There are others in our gen- eral price field who also build quality cars. But for models that are at all comparable their prices are higher. - - A T 1 . cars all bodies, all engines, all axles, clutches, differentials, steering gear, springs, gear 1. A price advantage: Because Studebaker eliminates extra profits which all other manu- facturers (except Ford) must pay to outside parts or body makers. Thus Studebaker is able white ash and hard maple, wool upholstery, plate glass, painstaking workmanship to p: standards, and extra equipment, such as gaso- line gauge, clock, stop light, etc.—yet charge no 2. A construgtion adeantage: Because all parts are not only designed to constitute one har- monious unit, but are Unit-Built in Studebaker plants. Being built as a unit, every Studebaker ortation, greater riding comfort, minimem re- {a r costs and, finally, higher resale value. The net of it is this: the one-profit Studebaker One-Profit Value Unit-Built Construction; Make Studebakers Bargains in Quality Others, who once built quality cars, have made material sacrifice in order to secure super- ficial price advantages, These cars are good value for the man or woman who wants that kind of a car. But if he wants a bargain in quality there is only. one answer—Studebaker. Consider, for instance, the Standard Six Coach, illustrated above. It has wool upholstering; plate glass; fine trim to hide all tacks; heavy, ornamental hardware; clock; gasoline gauge on dash; automatic windshield cleaner; stop lighty locks on ignition; steering gear, door and spare- tire carrier all operated by a single key. Slam the door and the sound says “quality.® Swing on the door. Run one wheel up on the curb and note how the doors still open and close. Sit on the firm, heavy fenders. Try the steering gear. See how easily it handles the fulle size balloon tires. Test the comfort of the deep rear seat. Its genuine wool upholstery covers two layers of washed, quilted cotton, one layer of genuine curled hair and’ extra long springs closely held together by small coil springs. Run the engine—the most powerful in any car of this size and weight, accord- ing to the ratings of the Na. tional Automobile Chamber of Commerce. Come in and see this bargain in quality —the lowered price closed car ever sold by Stude- baker. { for Studebaker forgings—it is advantages: , fine northern ion in years longer of excess trans- Truth in cAdvertising A reader of The Saturday Evening Post wrote the editor questioning the truth of a Studebaker advertise- ment. Read our reply on page 71 of the current isgpe of “The Post.” ALBRO MOTOR SALES CO.: 225 ARCH ST. Tel. 260 £ T UD R AREEE YRAR