The San Francisco Call. Newspaper, March 20, 1902, Page 2

2 THE SAN FRANCISCO. CALL, THURSDAY, MARCH 20, 1902. COMPANY'S RIGATS ARE UESTIONED Senate Committee on Canals Presents Two Reports. New Panama Corporation’s Title Is Still in Some Doubt. WASHINGTON, D. C., March 19.—Sena- tor Morgan, from the Committee on Isth- mian Canals, to-day presented to Senate the majority and minority reports of that committee on the question of the val y of the title of the new Panama al Company and its right to transfer the Panama can Sta for $40,! The objections of e held by that company the majority to the are based to the Governments of France and also dis- length many other phases of n. Among these is the relation shareholders who subscribed $260,- 000,000 to the old Panama Company, whose interests, the report holds, cannot be lightly regarded. On this point the report says: The spectacle of the United States Congress suthorizing the President, as the agent of pany Colombia, but the committee our Government, to conduct a trade with such a corp w Panama Canal Com- pany) out ting France as to the claim independence it (the mew Panama Company) asserts will be entirely new in the history of nations, and its consequences can- not be lightly disregarded Among those is the serious danger of the States being drawn into disagreeable a large and influential body of he worthy r us has been cherished during the entire s sacrifices for our country when this ment was in Unfortunately the report of the Isthmian Cenal Commission reveals the fact that the who made this offer are chlef among thousand Frenchmen of $250,000,000. Speaking further of the obligations of the new company to the old the majority sSays: the American people it 15 weil that sheltered from the claims of these they defrauded and despofied bondholders and stock- are holders by the alleged despotism of French They would never escape justice in Amepgican courts and would be compelled to ac- cousl for every dollar of the money to the bondholders and to the stocks bearing inter- est before applying any of it to thé profits o ir speculation The minority report, which was pared by Senator Kiitredge, completely upholds the title of the new Panama Company, as will be following extract which cons opening paragraph: The title of the nmew Panama Company on slons and other titutes its v complications. fons to the United Stat bia is required, but th £ by f purc tes different ssions and differ treaty between th and such a treat a consent to the rights and property ed States. Such a treaty Colombia has shown and declared its res mess to make. In every other point the right of the new Panama Canal Company to transfer its property to the United States is perfectly clear. Every link in the chain of fits title and every step in the course by which it be- came a position to sell its property fres end clear, is plain and satisfactory. The report then reviews the entire origin tory of the Panama Canal Com- nd fi the affairs of the old Iy Wen osed of by a French rt in a straightforward way when that company became insolvent and that the court had a perfect right, not only to ap- point a liquidator or receiver, but to con- fer upon him, as was done, power ‘‘to grant or contribute to any new company &l or part of the corporate assets.” The various objections to the new com- pany’s title are then considered and re- plied to. The following explanation is made of the reasons why the new com- pany should desire Under the title thus acquired the new ecom- ny took up the work and continued it until large part of its capital had been expended It would become necessary to railse funds for the compietion of the canal from the public. By this time, however, a new danger menaced it in the aonounced intention of the United States to build an isthmian canal. Investors could be induced to furnish money oniy by the prospect of a profitable return. But if the canal must compete with one buflt and maln- tained by a Government which could and would disregerd all gquestions profit the chance of e le return was gone. It would not mplete the canal, and therefo uld mot be raised to complete it. gineering proposition the canal was perfectly feasible and was attractive; as ‘4 commcrelal proposition the certainty of the competition of the United Statés made it impos under the: auspices of Gover might, for pubiic reasons, acquire the canal. For the second time it became necessary to consider the means of saving something from this property, which must be wholly lost if the canal were not completed. Since the com- d aise the money to complete only practicable course was to P uld revision of the protocol proposed by the retiring Colombian Minis- ving the terms under which Colombia is willing to cede to the United States the rights incident to the building of a Panama canal, has been completed by Dr. Concha, the new Minister at Wash- ington. It is stated that the protocol will be submitted to Admiral Walker, chair- man of the Canal Commission, before the end of the current week, to be by him turned over to Secretary Hay. It is stated that the protocol, as it now stands. does not differ very materially from what it was when about to be presented by Dr. Siiva Dr. Silva left Washington yesterday fo: New York City, whence he w?fll sall :’l’mrtl: 1y for Colombia. Lippitt & Fisher, 945 Market Strect. L WHITE KID SANDALS i QQc, At this time White Kid Slippers are in vogue; they are simple and digni- fied; they can be used for all sorts of dress occasions and do not cost as much as they did years ago. We wiil sell a Ladies’ Turned Sole, one strap, wlhm Kid :and-l. :m: bow, 2oin toes and French heels, all size: and widths, for % cents & PAIR. Remember the place. LIPPITT & FISHER 945 Market Street. ' We Give Trading Stamps. the | 1 property to the United | 000. y on the relations of the canal com- | ple of France, whose friendship | - republic and bad its origin in mag- | the travail of its birth. | who defrauded these six or eight hundred | ffel and his associates get $40,000,- pre- | n from the | s | portial CHINA’S SERIOUS REVOLUTION s ~ EFSILE I ¥ PRECICENT OF Responsibility for CAUSING VERY GRAVE CONCERN Because First Article in the Péking'Pe-ace Protocol Is Not Carried Out, There Is a Disposition to Charge America, Great Britain and Germany With Recent Rebel Victories -3 OUPET ALL BUREAU, 1408 G STREET, N. W., WASHINGTON, March 19. Because of the tremendous inter- nation: consequences of its suc- cess, this and European govern- ments are following with-the deepest in- terest the_ progress of the.revolution in | Southern China. There is a disposition in | diplomatic circles to charge the United | States, Great Britain and Germany w responsibility for the v thus far won by the rebels. De: efforts of certain powers these three gov- ernments failed to take any action look- ing to the carrying out of the first article of the peace protoco] signed last Septem- ber at Peking, which prescribes that China has agreed to prohibit the importa- tion into its territory of arms and ammu- nition, as well as of materials exclusively used for the manufacture of arms and ammunition. An imperial edict ‘has been issucd for- bidding said importdtions for a term of two years. New edicts. may .be. issued subsequently extending this by other suc- cessive terms of two years in case the necessity is recognized by’ the powers. Condition. Is Not Observed. It devolved upon the powers to assist China in carrying out these articles, but the United States was unable to take any action in the absence of legisiation au- thorizing the President to forbid the ex- portation of arms to China. The article has consequently never been observed, and munitions of war in large quantities have been imported into the empire. Some of this material is believed to have fallen into the hands of the rehels, who are ap- parently using it to gcod advantgge. France is particularly interested in the rebeliion because her sphere of influence comprises the vast southern provinces of China. and as-she has large missionary and railroad Interests therein she may find it necessary to interfere for their protection, and this will reopen the entire Chinese question. As a representative of one of the powers said to-day: “The Western governments cannot ' be continually dispatching: troops to China. but some other means must be -devised for the protection of foreign interests,” ‘What this means will be he was unable EUROPEAN ALLIE.S ‘WHO DECLARE THEY ARE PLEASED WITH THE ANGLO-JAPANESE TREATY, BUT INTIMATE THAT THEY INTEND TO PROTECT THEIR OWN INTERESTS IN THE FAR EAST. i i to’ predict, and he thought the powers would only finally decide this question When the actual sifiation requires it. Rebels Win New Victories. HONGKONG, March 19.—The rebels in the southern provinces continue to crush- ingly defeat the imperial troops sent to subdue them. General Ma and Marshal Su report that it is impossible to sup- press the rebelllon with the troops ‘at their disposal, and the Viceroy of Canton has requested Yuan Shi Kal, the Viceroy of Chili, to send reinforcements overland from Chill. The imperial troops have been defeated at Sekshing, in Kwangtung province, and Popak, in Kwangsi pro- vince. In Yuannan province the rebels hold the town and district of Foochuen, twenty miles northwest of the prefectural town of Yuannan, They also have cap- tured the town of Liuchou, in Kwangsi province, and the town of Yungning, in Kweichou province. Russo-French Declaration. ST. PETERSBURG, March 19.—The Of- — ficial Messenger to-morrow will print the text of a Russo-French conjoint declara- | tion, sent March 16 to the Austrian, Bel- gian, British, American. Spanish, Ger- man, Italian, Dutch, Chinese and Japa- nese governments, The declaration is as follows: The allled Russo-Frerich governments are wholly pleased to discern that the Anglo-Jap- anese convention supports the essential prin- ciples which, according to the refterated state- | ment of France and Russia, constituted and still constitute the foundation of thelr polity. Both ‘governments believe that the support of these principles Is also a guarantee of thelr interests in the Far They are com- pelled, however, not to lose from view the prob- ability of inimical action of other powers, or a repetition of disorders in China, possibiy fm- pairing China’s integrity and free development to the detriment of their reciprocal interests. They, therefore reserve to themselves the right to_take measures to defend these inter The prefatory remarks say that Russ desires the maintenange of the status quo and the attainment of complete tranquil- | ity in the Far East. @ il ool el @ FAIORS A PLAN OB AEGIPADGIT Ways and Means Com- mittee Submits New Measure. RERECASE W-ASHINGTON, March 19.—Chairman Payne of the Ways and Means Committee to-day introduced the following bill, en- | titled *'To provide for reciprocal trade re- laticns with Cuba,” as a result of the Re- publican conference decision last night: | That for the purpose of securing reciprocal trade relations with Cuba, the President {s hereby authorized, as soon as may be after the establishment of an independent Government In | Cuba and the enactment by said Government of immigration and exclusion laws as fully re- strictive of immigration as the laws of the United States, to enter Into negotiations with sald Government, with a view to the arrange- ment of a commercial agreement in which r ciprocal and equivalent concessions may be cured in favor of the products and manufa tures of the United States by rates of duty which shall be less by an amount equivalent to at least 20 per cent ad valorem upon such products and manufactures than the rates im- posed upon the like articles when imported into Cuba from the most favored of other countries and shall not be greater than the rates imposed by the United States upon the like articles im- ported from Cuba: and whenever the Govern- ment of Cuba shali enact such immigration and | exciusion laws and shall enter into such com- | mercial agreement with the United States and shall make such concessions in favor of the products and manufactures thereof as aforesaid, and which agreement in the judgment of the President shall be reciprocal and equivalent, he | #hall be authorized to proclaim such facts’ both | 88 to the enactment of such immigration and exclusion laws and the making of such agree- ment, t ter until the first day of December, 1903, the imposition of the duties | now imposed by law on. all’ articles imported | from . Cuba. .the ucts thereof into' the United States shall be suspended and in lleu | thereof shall be levied, collected and paid upon | all_such articles im from Cuba 80 per cent of the rate of duty now levied upon like | articles imported from foreign countries. | The President shall have power, and it shall | be his Quty whenever he shall be satisfied. that p either immigration or exclusion laws or #uch 'ment mentioned In this act are not being fully executed ‘a'the Government of Cuba, to notify such ernment thereof, and | thereafter shall be levied, collected and paid | upon all articles imported from Cuba the full rate of duty provided by law upon articles im- ported from foreign countries, The steering commlittee of the element which has opposed the Ways and Means Committee reciprocity plan met this aft- ernoon at the call of resentative Taw- ney of Minnesota, chairman of the com- mittee, and with several other leaders in the movement, canvassed = the situation NATIONMOST HAVE SRFEGUARD Debate Continues Bill {for President’s Protection. on WASHINGTON, March 19.—During the entire session of the Senate to-day bill providing for the protection of the President of the United States was under consideration. Spooner of Wisconsin coritended that the Goyernment had an absolute and inherent right to protect itself against assaults made_either upon itself or upon any of its officers. He maintained that an as- | sault on the President was in the very | nature of things an @ssauit on the na- tion, for there never was a time when the President was not in the exercise of du- ties of his . office. ~His argument ‘'was largely - legal and .constitutional, and throughout was foreeful and entertaining. ::Hoar, in charge of the measure, eluci- dated some arzuments hé had made pre- viously, and Teiler of Colorado and Bailey of Texas spoke briefly upon thie bill. The Texas Senator said he could not support the measure as it stands, because he ¢ould conceive of an assault made upon the President as a person and not as an offi- cial of the Gavernment. The assallant.in that event ought to be punished precisely @s if he bad assaulted any other citizen. - 7The- House to-day mude falr progress with the river and ‘harbor bill. After the close of general debate twenty-seven of the 116 pages of the bill were disposed of. No amendments were-adopted! The gen- ¢€ral debate to-day was featureless. 4 Rioters Are Sentenced.. seven’of the persons who weére arrested here -Sunday last for rioting' have been sentenced to three months” imprisonment. ‘tune prosecutions of the ringleaders are still pending. L i e e e B e e carefully. Individually, most of those present expressed a desire to carry “the contest to the floor of the House. It is considered desirable, however, to take no action until all of those who voted in Lhe conference against reeiprocity were called into conference. is meeting will be held later in the week. Beyond this de- cision no action was taken. = To Cure a Cold in One D Take Laxative Bromo-Quinine Tal Aruggists refund the money If it fall 'B. W, Grove's signature 1s on eac the | . ST. PETERSBURG, March ’H‘—Elght"y& LOUNTESS TELLS Wife of Earl De La Warr Appears in Lon- don Court. LONDON, March 19.—The divorce court to-day granted the Countess de la Warr a decree providing for tHe restitution of her conjugal rights. The case was not defended. Counsel for the Countess told how the and returned in 1900, since when their re- lations had been most unhappy. slon and had not since lived with his wite. { In) December the Countess wrote to My Dear Cantelupe,” inviting him to re- turn and restore her all her wifely rights. The Earl's reply was prompt and uncom- promising. “‘My dear Marle” it began, “I have come to the conclusion that'it will be much better if we live apart, and I have finally decided not to return and live ‘with you, . I have no explanations to give of the reasons for my decision.” and gave just sufficient evidence of her huspand's "desertion to justify a decree for the restitution of her conjugal rights. - The Countess de la Warr i§ & daughter of liord Brassey. She was born in 1872. Earl de la Warr was prominent in the Hooley Company. promotions, caused .financial sensations in London some years ago. He was born in 1869. —_— Santos-Dumont Will Compete. _PARJS, March 19.—Santos-Dumont to- day accented an invitation from the offi- clals of the St. Louis Exposition to go to Louis, assist the authoritiés in the organization of the propased Balloon con tests and select a site on which to erect @ balloon shed for himself. The aeronaut will sail for New York on the steamer Deutschland April 4. He will not take a balloon with him. / / New Class of War Vessels. 'LONDON, March 19.—At the spring ses- .:lm(l ol'f '.net .l'v;ltltutlon of Naval Archi- ects here to-day the president, the Earl of Glasgow, umounce% that thh: Ad- miralty had decided to create a new class of war vessels to be known as the scout class, somewhat after the type of tor- pedo-boat destroyers, but of greater sea power. ’ / OF MARITAL WOE De la Warrs visited South Africa in 1899 | Last | June the respondent left the family man- | The Countess went into the witness box ' which || 0715 SCORES THE FILIPINOG Former Manila Com- mander Makes More Comment. Aguinaldo’s Skill in Duplic- ity Is Vigorously Defined. WASHINGTON, March 19.—General Otis continued his testimony before tne Senate Philippine Committee to-day. Re- ferring to. lus order of September 8, 1598, directing the withdrawal of the insurgent troops outside the defenses of Maniia, General Otis explained that a commission from Aguinaldo’s cabinet visited him. In the discussion which followed he said they did not mention the fact that tne towns immediately adjacent to Manila Wwere not a portion of the city. He ciassed as ridiculous Aguinaldo’s request to re- ceive a portion of the northern part of manmila occupied by the Spaniards in wrage : lor SOmMELhiLg 1n tne Souinern part of tne city held by the insurgents. , General Otis said wac Aguinaldo had demanded of General Merritt the right to occupy ine palace and to make appoint- mens in the civil government, which caused General Merritt -to cable Iasn- ngcon tor instructions. The reply was thut there must be no dual occupation ot Mania. { Ous tnen detailed the circumstances at- btenaing the capture of Iloilo, the offer { of the Spanish General Kios to hold the | blace agansc the insurgents pending the {arrival of Unjted States troops and the capture of the town by the Visayans be- fore the arrival of the United States forces. Aguinaldo, he said, was overjoyed when he learned tnat the detachment nad been sent out because he (Aguinaido) de- clared that the first shot would be fired at Iioilo which would bring on war be- tween the United States and the insurgent forces, Senator Patterson asked General Otis if the idea of the Kilipino people regard- ing the hopes and aspirations for inde- pendence was a mistaken one. “No,"” said General Otis, ‘“Aguinalde had his ambitions, And he was sent over from Hongkong for the purpose of driv- ing the Spaniards out and then attack- ing the Americans, I suppose. We have the papers of the original junta.” In response to Senator Carmack he said that he had no plan of action in contem- plation in the event that the fight had not occurred that night and that the treaty had been ratified the next day, although 'a plan could have been found very quickly. “No man ever worked harder in the interests of peace than I," said the gen- eral, “but if the United States troops had attacked the Kilipinos and driven them out of the city when they first got there it would have been much better.” * The trouble in Luzon, General Otis said, was caused by the good men being over- thrown because of fear of assassination. ‘*Was the Filipino army there for the purpose of piunder?”’ asked Senator Pat- terson, ‘‘Yes, I think they were going to try to drive the Americans into the sea.” “Simply to convert tkemselves into rob- bers?’ asked Senator Patterson. “‘Made up larFely of robbers, yes,” re- sponded General Otis. “When you were communicating with Aguinaldo,” inquired Senator Paitersomn, “'as the general in command of the Fili- pino forces, did you at heart belicve him to be a robber and a looter?’ General Otis declared he did not say Aguinaldo was a robber and a looter. He characterized him as much better than the majority of the Filipinos. In money | matters he believed Aguinaldo strictly honest, and then, bringing his fist down on the table and speaking with great em- phasis, the general said: “In duplicity he_ has few equals.” S Senator Patterson made a sarcastic re- mark that Aguinaldo had “a g many illustrious colleagues.” Asked by Senator McComas about the assassination of Gen- eral Luna, Otis said there was no doubt that this was Aguinaldo’s act. “My opinion of justice,”” remarked Sen- ator Patterson, “is that you should bring here the man who is accused of assassi- nation.”” WOLCOTT MAY HAVE PLACE OF HITCHCOCK | Former Senator From Colorado Is | Spoken Of for the Interior 1 Portfolio. WASHINGTON, March 19.—The Post { will say to-morrow: It is understood that ex-Senator Wolcott of Colorado is being considered by the President as the possi- ble successor of Secretary Hitchcock, who it 18 understood will soon ratire from the | Cabinet.. Wolcott was seriously consid- ered for the Interior portiolio at the time of McKinley's second inauguration, when it was thought probable Secretary Hitch- cock would retire. At that time it was also understood he was willing to aecept the honor. : The death of the brother of Secretary Hitchecock on Tuesday coused the rumors that' the ‘Cabinet member from Missouri was to retire to be more persistent than for several days. It is belleved the atten- tion of the Secretary will now be in de- m:n? at home in settling up his brother’s estate. | | | SETS CHECK ON LAWYER'S CAITICISM Judge BEstee Sharply Rebukes an Abusive | Attorney. ! Assailing of United States Not Permitted in Hawail HONOLULU, T: H., March 124—1{\ the | second trial of the case of the Lm!ed States agalnst the Honolulu Plantation Company, a sult to condemn lands for the rearl harbor naval station, ex-Judge R. D. Silliman yesterday, during the argu-| ment, delivered a severe arraignment uf‘ tne policy of the United States toward the Territory of Hawail, continuing his eriti- Gisms until he was stopped by Judge Es- tee. ! The case was tried before and & verdict of $105,00 for the defendant's lands was given by the jury. Judge Estee set it aside as excessive, at the same time of- fering to approve a verdict for $75,00, it the aefendants would aceept that su This was refused and a new. trial was o dered. . Juage Silliman replied in bitter terms to | a statement of United States Attorney J. J. Lunne to the eftect tnat tae . United | btates was establisning the naval station for the benent largeiy of Hawall, was spenaipg mucn money Nere and was entl lied 1o @ faur verdict. He said tnat the United dtates was not estabushiog —ine station for tne benent of Hawan, but fur the nation’s purposes and as to Lae spend- ing or money ne said: X “Pne United States is taking a million and a haif a year away Irom hawail in customs duties and ougat to spend it nere. The naval station 1S mot for the beneiit of Hawail, but for the defense of the Pacitic Coast. 1t will be a gname and an outrage if the national Government | gets this tand for one doliar less than it 1s worth, ~“I'he national Supreme Court has said that the surest test of the hon- esty of the Government is the manner in | which it takes the property of citizens un- | der its right of eminent domain, and it will be an ineradicable blot upon the na- tional honor if it can be said that the United States forced any citizen of this Territory out of his property and did not | give him fair value for it.” | Judge Silliman stated that he was born an American and was a lover of his coun- try and its institutions, but that he did | not think the United States was treating | He bitterly criticized the s Hawali rightly. proceedings in the Pearl Harbor cases having been conducted in a spirit of un fairness to the owners of the land. He proceeded with a long discussion of al- leged causes of complaint and was im- ressively stating to the jury that the anor of the United States was on trial in the proceedings in its behalf to condemn land, when Judge Estee called him to or der. “Don’t talk about the United States,™ said the Judge. ‘“Talk about your case.” United ~ States Attorney Dunne also made an angry protest against Silliman’s | line of argument and the latter resumed discussion of the evidence. Late last night the jury returned a verdict for $10: 523, United States Attorney Dunne an exception to the verdict and will move for a new trial on the ground that it is excessive. 1 The Kona Sugar Company has so far found no way out of its difficulties and Judge Humphreys has made an order di- recting the receiver to advertise on March 15 a sale of all its properties for the satis- faction of creditors. The action for the appointment of a receiver was withdrawn and u petition was presented asking for | the discharge of the recelver. This was | approved, subject to the payment of the ! expenses incurred by the receiver in ear- rying on the plantation and a fee of $1000 for nimself and attorneys. So far_ the sum required, amounting to about $6500, has rot been forthcoming and Kona is at a standstill, with a crop of sugar cane | ‘worth $200,000 in danger of being lost. ‘Willlam Auld, one of the best known Hawaiians in the islands, died early yes- terday morning after a long illness. He was a member of the Board of Health, having been appointed bv Dole after the Senate refused to confirm some other ap- pointments of the Governor's, and had held wany prominent positions under the monarchy, to which he was loyal to the last. He was a thirty-second degree Ma- son and a Mystic Shriner. He was 09 years of age. Aged Pensioners Bill. LONDON, March 19.—The House of Commons to-day passed the second read- ing of the aged pensioners bill, granting deserving poor persons a pension of from 5 to 7 shillings weekly at the age of G» years. It is estimated that the sum of #£10,000,000 will' be required annually to pay the pensions. the national exchequer and the Jocal authorities each providing half the amount required. As the Gov- ernment at to-day's session declared it could not provide its share the scheme is | not likely to become effective.. 1 ey Qo BALTIMORE RYE Wit LanaHAN&SON BALTIM: 2 CHRISTY & WISE COMMISSION CO., Ine., 223. San Californ In Best DPlaces Withoul exczption, at all the leading i Hotels and Cafes, ? | Hunter Baltimore. ; Rye Stands Foremost. | In its perfection of Age, Purity, Flavor, it fills the need of placcs whose - motto is » “Only the Best Kept Here.” st., took |. | All other liabilities PAINE’S CELERY COMPOUND. Promptness in Using PANES CELERY COMPOUND Means Quick Restoration to Health. IT IS THE GREAT SPRING MEDICINE USED IN THE HOMES OF OUR BEST PEOPLE. Refuse All Substitutes and Imitations That May Be Offered to You. If in the spring time people acted with meore promptness, decision and wisdom, suffering and misery would be vastly re- duced. To put off the work of regulating and strengthening the nerves, purifying the bleed and regulating digestion at this time of the year is a very serious mis- take. Run down, weak, nervous and diseased men and women cannot with safety re- fuse to use Paine’s Celery Compound, the greatest of vitalizers and health bullders. The onward and triumphant march of the great medicine in this country and other civilized lands should be positive proof that it is the right medicine for all who look for strength, robustness, energy and | permanent health. It is of the greatest importance that every sick person should get just what they ask for from their druggist or deal er. Paine’s Celery Compound, so brated for its curative virtues, has many vile imitations. If you are offered a sub- stitute or._imitation. by any dealer, leave is store and go to some honest merchant who will give you what you ask for. Ex- amine wrapper and bottle and see that the name PAINE'S Is on each; no other is genuine. IT’S EASY T0 DY STATEMENT ——OF THE— CONDITION AND AFFAIRS ——OF THE— Connecticut Mutual LIFE INSURANCE COMPANY F HARTFORD, IN THE STATE OF CON. necticut, on the 3lst day of December, A. D. 1901, and for the year ending on that day: made to the Insurance Commissioner of the State of Cajifornia, pursuant to the require- ments of Section 613 of the Political Code of id ‘State. b ASSETS. Net value of Real Estate owned by the company Amount of Loans secared by Bond and Mortgage on Real Estate... Amount of Loans ured by pledge of Bond: marketabie sec lateral « dpee oTw ety o3 Premium notes and loans in an: form taken in payment of pre- miums on policies now in force. . Cash market value of all Stocks and Bonds owned by the Com- pany : Amount Banks B Interest due an crued Rents due and accrued with DIAMOND DY Take no other. ES. $11,919,575 31 23,551,115 84 2,300 26,738,368 D Net amount of premiuma. in. Dro- a cess of collection, of de- ferred premiums ... “7 Total Assets ....... PrT. LIABILITIES. s for death losses and ma- T “mdowments, due and un- fures endawiments, due 60 R Claims for death losses and ma- tured endowments in process of Ajustment, or adjusted but not g st easensize vigasreain ST O Claims resisted by the Company 500 00 Get present value of all the out- N ing policies; computed ac- Sording to the Combined Expe- Slence Tables of Mortality, with four per cent interest........ Amount of all unpaid dividends to policy hold y ’ Additional reserve by Company's Gtandard, Am. Table 31 per Sent on insurance since April 1, Total Liabilitles . INCOME. received for premiums on Can’:‘w policies during the year.... Catn received for reewal of pre- ratums during the year Casn received for sale of Cash received for interest. Cash received for renis.:... Cash recelved - trom all sources .- Total Income EXPENDITURES. Cash paid for losses and matured endowments . Cash paid to annuitants Pald for surrendered pol Paid for dividends to po ictes. ... licy hold- Commiss Salaries and other compensation ‘ot officers and employes, except agents and medical examiners.. 161,013 34 Salaries and traveling expenses of managers of 4EeDCIeS. . ... ... 18,500 00 Medlcal examiners’ fees and sala- : 23,972 84 226856 60 8,373 68 549,784 27 Total Expenditures during the YERT «orene Sigstnl $7,872.913 25 PREMIUM-NOTE ACCOUNT. emium notes and other Prprrn\lnm obligations at Peginning of the year..$763,361 90 $763,361 %0 [ L7 Deductions during the year, as follows: Amount of notes and other premium obligations used in payment of losses and claim: Amount of notes and Sther premium obligations used in purchase of sur- rendered . pelicies. Amount of notes and other premium obligations used in payment of div- jdengds to policy holders. $18,919 73 6,487 34 29,070 85 | Amount of motes and other premium obiigations redeemed by maker In cash Total reductionof Pre- mium-Note Account 12,351 07 Balance, note assets at end of the yea JACOB L. HERBERT H. WHITE, Subgeribed and sworn to before me, this 10th day of February, 1902. NATHAN F. PECK, Notary Pubile. A. K. P. HARMON, DISTRICT SUPERINTENDENT PACIFIC COAST AGENCIES, F. R. NOYES, GENERAL AGENT, 80-31-32... MILLS ~ BUILDING, SAN FRANCISCO, CAL. The Weekly Call $1 per Year. —_——