The San Francisco Call. Newspaper, October 24, 1907, Page 1

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) Look page of 11 of i Would you like t | part ! ! The Sunday Call VOLUME CII 0 meet the best known America and the most populat, for her on THURSDAY, OCTOBER "4 1907. PRI(,E FIVE CENT “alhoun, BribeGiver,Opens SacktoDefeatLangdon 4,______..,, Government Will Deposit $25,000,000. in the Wall Street Banks CORTELYOU PROMISES HELIEF ttributes Flurry to Unfounded Rumors vernment Will Assist in Restoring Confidence \ 0o New York Banks lockefeller’s Millions Thrown Info the Breach Oct. 23.—The New Vork financin ax safely passed nization o f the pres- vork trast com- Tected, mot different from the clearing n. It i= in the protec.ive combina- f the lexding and 2d- ervative trust com- the city's leading che 1e panic that has socker trust company and the the Trust Company of Am ary Cortelyou said at e New York banks. Cortelyou nber of gentle- me today that any c regarding ex- d be made so d e =h frankness, e entire r th the facts have ation was because who of many, e moment. continue its co- publie, on real strength of there will be the on warrants. confidence a nce of the treas: As evid ¥'s po- I have directed deposits in this the extent of $25,000,000.” street today was swept by a torm destined to pass into ng with the famous dis- ices of the past. ward the close of the day there ere some signs that the full fury ¢ the cyclone was modifying. Prices, a terrific break, showed some ry and greater steadiness toward Complete calm was not re- s That was scarcely to be expe , but a more hopeful feeling prevalled among financiers last even- sition he storm center, while converging the Wall street district, and g flercely upon the Trust Com- of America, was not confined en- with s cf ch extended to the mar- E rge cities this country. Pitts- rg was most acutely disturbed, and for the first great commer- se of the present period was d there on the faflure of the vestinghouse electric and manufactur- mpeny and affiliated concerns, abilities estimated at $100,000,- The Pittsburg stock exchange ended business, awaiting a better ination of the situation. ferences of bankers and trust mpany officials were held throughout e day. The wisest minds in the finan- 1 @istrict are dealing with the situ- ion under the leadership of J. P. Mor- gan and James Stillman. The latter, with their associates—all working to- ther now, ail emmities forgotten in nsequence of the gravity of the situ- on—worked together for the com- ,n purpose of relieving the situation. Continued on FPase Zn Columm & Place Funds| measures were | { of the suspension of the he would deposit $25,000,- | made | of the circula- | rs and the un-| its part, | There was a strong | pe and to those of other | INDEX OF THE | SAN FRANCISCO CALL’S NEWS TODAY THURSDAY, OCTOBER 24, 1807 | WEATHER CONDITIONS West wind minimum FOR TODAY t southwest wind cloudr; 54. Clondy. maximom -nn»o». NEWS BY TELEGRAPH EASTERN Govern will deposit $25.000,000 in Wall ks and the fnancial situation im Page 1 control as an auto. under as perfect me =nd a balf mile nd 40 seconds in St. Lomts Page 5 house companies at in the money mar Page 7 rmans win great balloon race and France - Page 5 COAST State bank and benks trust eompany. n Nevads, closes them all and gemersl crash 15 feared In the gold dis Page 1 Libel fall to shut uwp Shortridge, who ssys be will repeat publications against Con gressman Hayes untll he reaches limit of Page 11 Stockton boy dying from injuries received in n hreaking mnchine, his eclothes having placed between rollers by cider em Page 12 of Sacramento elected prost. s’ avso Page 11 EDITORIAL Roosevelt and Wall street Page 8 Mr. iman improves. Page 8 Defending San Francisco's trade Page 8§ POLITICAL d District Attorney Tangdon thering In Maennerbund hall bis speech Langdon fiays Patrick Calboun for his corrupt work in op defeat the re-election of the district Page 1 owing .evidence of & compact hetween the P.. H. McCarthy and Daniel A Page 1 Rran addresses four meetings and don sppeats at Page 4 a McCarthy meeting McGowean sars B Page 4 At wants cheap labor to rebulld the city. GRAFT having on seph M confessions of bribery and admit sit money paid for their votes; = lsborer, shouts at Ford jury to and is reprimanded by Judge Lew- S CITY United States distriet attorney flles s sagainst Southern Pacific and Nevada, a and C raflroads to force them to use safets appliances. Page 5 | Board of works ousts Supervising Architect William Shea snd appoints Newton J. Tharp city architect. Page 9 Mrs, Talbot's attorney reads love letter writ ten by husband after beginning of mlleged | on which the divorce suit s d Page 16 | F. A. Berlin must appear in court tomorrow to explain his expenditure of $45,000 belonging 1o estate of John R. Hite. Salvadoran army boards City of Sydney at Acejutla and liner is detatned under guns of warsidp President for 15 hours while soldiers search ship in vain for ‘Johmny” Molssant, | leader of Nicaragman forces. Page 15 Harry Klein, son of wealthy New Yorker, steals large sum from Swift packing compuny and s sought by the police. Page 16 C. P. McLeo, well known real estate dealer. suddenly and & Wwarrant w r bis arrest on a charge of emby 000 to $7,000. Page 16 | | 3. W. Watkiss, prominent Jumber mill owner, shoots himself in breast while despondent and probably will die of wound. Page § SUBURBAN Mrs. Sylvanus Fernum entsriatns with tea for Miss Alla Henshaw, whe soon will become a bride. Page 6 Women assogistes of Olive Seully are atraid o give money to xi€ (n her defense for political resscns, they allage. Page ¢ Foreman of plasterers sues umton for $10,000 dsmages as result of his suspemsion. Page 8 Council's weords rouss ive of Mayor Mott, wio plans message to wake up body on street affairs, Page 6 Thug stops wrong man in tunmel and spolo- gizes for bis misteke. Page 6 Ten thousand persons hear Soust’s band plgy in Greek theater in Berkeley. Page 11 | SPORTS Stanford varsity defeats the University of Nevada at Rugby, 31 to 0, and Californla wins from Vancouver, 16 to 12. Page 10 San Francisco and Portland win Coast league | baseball games. Page 10 | Targest and best fleld In the history >f the event will start in the opening handicap at Emerrville. Page 10 Boxer Jack Jobnson opens a T to 10 public choice over Jim Fiymn. Page 10 { LABOR Concrete workers will hold a district conven- tion next month. Page 9 Varnishers’ and polishers’ union will give a | ball on November 1. Page 9 | MARINE | Pacific Mail liner Oity of Sydney ls ashore for two days at Corinto and when floated brenks Nicaraguan sebmarine cable snd nearly wracks telegraph station. Page 11 MINING Suspension of two Nevads banks causes gen. eral fall in Nevads mining stocke in Sen Francisco boards. Page 15 Bankers and brokers think mine stocks bold up remarkably well under floods of selling or- ders by holders seeking ready money. Page 7 SOCIAL Debutantes and officers from the -Maryland among Miss -~ those entertained at tea given by Genevieve Walker in Mrs. Martin's B S RS . o probably | Page 11 operating six | 2 campaign sack | at- | Twenty-fourth asd | ppervisors Phillips and Gallagher repeat | “let | Page 4 | Page 16 | | pany cost him heavily, several of its JIGNS ON DOORS OF RIGKEYS SIX ~ NEVADA BANKS |Institutions Suspend Pay- | ment and Depositors Are in Panic . ACTION UNEXPECTED Inability to Realize on Col- lateral Announced as the Reason |“RUNS” ARE PROBABLE Nye and Ormsby County | Concern Closed While 1 Coin Is Shipped In Special by Leased Wire to The Call TONOPAH, Nev., Cect. 28 — All branches the Nye and Ormaby county bank will close tomorrow. That| |In Reno closed today. The Tomopah | banking corporation willl remain open, | as will the Cook bank of Goldfield, ac- | cording to a statement by George | Wingfield tonight. “We will go shead and do business, | althongh we have been asked to close,” | snid Wingfield. “We have plenty of | of money—$550,000 in Tonopah and Gold- | fleld. A special train wiil arrive tomor- | row with a half million more to re- leve the situation. Things look very serious and I do mot tkink the bottom ix reached. T am satisfied that all the! banks will make good. The cause ¥/ attribute to gemerst—eowAlMamsScthe slump In securities. T do not think that Sehwab's siatement had anything to do with the situation.” ‘Wingfield brought $100,000 over from Goldfield tonight, as a run tomorrow | morning s expected. Senator Nixon will arrive tomorrow to take charge of the situation. | ST GOLDFIELD, Nev., Oct. 23.—The | State bank and trust company branch here suspended payment at 10:30 | o’clock today, following the receipt of | an order sent by Cashier Davis of the | headquarters bank in Carson City. | Following the posting of notice of the| | suspension the town constable an- nounced that the property was underw | attachment. Orders to close were| | wired from San Francisco after a di-| rectors’ meeting. President Thomas B. Rickey, who is in San Francisco, telegraphed that he had ample support and would resume in a few days. Rickey is one of the richest men in Nevada and 1s conspiouous in many en- terprises. He bought largely of Owens river water bonds sold by the city of Los Angeles recently. His assoclation with the defunct Sullivan trust com- | mining properties of doubtful value be- | ing now held by his banks, but un- doubedly he can save the situation if he be willing. A statement issued by Acting Cashier Wise asserts that the Goldfield branch can pay deposits two for one and that this closing is merely & matter of ex- pediency; that no money will be sent away from Goldfield and all Qepositors will be paid in full Several heavy depositors, including D. M. McKensie and R. L. Colburn, express confidence in the bank’s solvency, Colburn buying all the bank’s paper offered. Following news of the suspension a run was started on the Nye and Orms- by county bank, which continued until closing time. Cashier Virgin declared that all checks would be pald. About $150,000 was pald out today. It was persistenly rumored tonight that the Nye and Ormsby county bank would not reopen tomorrow, and that a big run on the John 8. Cook bank would be started. The latter undoubtedly will withstand a run. No other concerns were affected today. SURPRISE FOR DEPOSITORS Their Funds Accepted Up to the Minute of the Suspension TONOPAH, Nev.,, Oct. 23.—The finan- clal situation in Tonopah is strained. The local branch of the State bank and — Ryan’s Support s S == == v firowmg Evidence of Compact Between the Backers of McCarthy and Ryan By George A. Van Smith A oW1 203 f s, ' " MONEY T0 BEAT - Hl5 PROSEGUTOR | District Attorney Langdor Exposes Calhoun's Work to Corrupt Voters | | ‘ CHEERED AT MEETING Mayor Taylor Also Wins Plaudits at Great " Gathering |ROUT McCARTHYITES Efforts of Disturbers Block the Enthusiasm Proves Failure to 2 “My opponent said Ilast night that he would prose- cute Patrick Calhoun, but tonight a United i ds |campaign sack Bas been opened in Fillmore street. | What has it beem r-~cned |for? Is it to send M+: Cal* houn to prison? . I have not heard of Mr. Calhoun or any {of the arch-criminals put- ting any money into the fight of the present district | attorney.”—Extract from a speech delivered last night | By District Attorney Lang- don in Maennerbund hall. Mayor Taylor and District . 3 Attorney Langdon made speeches last night in a sec- tion of the city which labor party politicians have been calling a McCarthy strong- hold. They spoke in the thir- ty-second district in Maen- {nerbund hall, Twenty-fourth |street and Potrero avenue, + before a crowd that filled every seat and every inch of Q) i) standing room, and their [pleas for good government |aroused enthusiastic ap- | plause. A noisy minority tried to The smiling silence of P. H. McCarthy under what purport to be the attacks turn the meeting into a Me- of the Hearst-Czolgosz champion of Candidate Ryan becomes doubly significant by the Carthy rally, but every time laccession of McCarthy’s official pamphlet to the Ryan corps of publicity mediums. MC-"they cheered for their leader Carthy’s official circular, formerly the champion of Ruef, Schmitz and the boodling the followers of Mayor Tay- supervisors, has dipped into the Ryan end of the campaign, and is faithfully reproducing |lor answered with a cheer of the Ryan boosts printed by the Czolgosz champion of Ryan and by Calhoun’s pnvate} organ, the Oekland Tribunse. Mu-‘r———-—-—_v——Q openly sccuses MoCarthy of playing Carthy, the firebrand, has refused to flare up agstnst HMearst. From the in- ception of his campaign he has stead- fastly refrzined from leveling auy of his wirulent attack at Ryan. In faot, for the most part, he has failed even to mention the other self-nominated candidate in his stump speeches. He has mildly called bad names after Cal- houn, as he must do to maintain any- like a semblance of good faith with the people whose support he asks. He has vented his spleen on that portion of the press which has not attacked him editorfally. He has reviled the graft prosecution. He has sneered at Taylor and abused him viclously. But e has not attacked Ryan nor has he come back at any of the charges made against him by the Examiner. Ryan has been equally considerate of his friend McCarthy. His references to McCarthy have been confined to a most gentlemanly repetition of a single statement made by McCarthy, and that statement one directed at Mayor Tay- lor. The Czolgosz sheet, which had been supporting McCarthy In so far as the most favorable use of its news columns was concerned and sttacking Ryan, trust company suspended payment at 11 o’clock today. Cashier E. B. Cush- man sald tonight that the securities held on loans had so depreciated in value that the bank was able to realize but Iltttle on its cdllateral. Deposits bad fallen off during the summer months and collections had been slow. In a nutshell, he said, the bank had closed ifs doors. because it was short of ready.cash. L - There .was no.ru . Continned ¢m ' the bank, be: ¥ suddenly switched to Ryan. Close on the heels of the Hearst organ of assas- sination followed the Oakland Tribune and its proprietor, Dargle, unashamed champion of Calhoun and the bribe givers. Now comes McCarthy’s official circular and the reports of an under- standing between McCarthy and Ryan become something more tangible than a mere rumor. MANIPULATING CANDIDACIES Thomas F. Esnn, ex-uburmm ‘ot M ) Calhoun’s game before McCarthy was nominated. - Dagan has not changed his tune. The Inbor leaders who, from the date of the.carmen’s striks, have ao- cused MoCarthy - of conspiring with Calhoun ‘to force a strike for purely political purposes, chief of which was the defeat of Langdon, have net ohanged their minds nor their accusa- tions. The interests behind the McCarthy ticket got behind McCarthy for the purpose of defeating Langdon. Those are the interests that control the news- paper and clrcular champions of graft. ‘With certain defeat confronting Ryan and McCarthy separately, the Interests have decided evidently so to manipu- late the candidacies of Ryan and Mc- Carthy as to elect whichever one of them may show the gréater strength and afford the better chance of beating Langdon. UNDERSTANDING WITH McCARTHY Ever since he was nominated there have been insistent rumors that Mc- Carthy was to withdraw in favor of Ryan when the campaign was well ad- vanced. Before he was nominated, and since then, Ryan has discussed the pos- sible effects of his withdrawal In the midst of the fight. When he was be- ing urged to nominate Taylor instead of himself, Ryan suggested that he might get out any time after nomina- tion and before election and speculated ©on the consequences. Up to the hour of McCarthy’s nomination Ryan was playing for a union labor nomination or indorsement for himself. Evidently, | under the patronage of his.new “affin- it; Z Golumn L Conttaued on Page 2, Column 4 One Hundred Dollars for ‘_‘Elechon Guesses "uwtmw.-m-ea&.mmuh_ Francisce? Whom do YOU forecast s the poople's choice for mayor? By what vete do you predict ho will be elected? For the prediction that comes nearest the winner's plurality as shewn by the semieficial returns te the registrar The Call will pay Rifty Dellars m-a-mmmmmmm Thirty Dollars S ety oliars out this coupon and mall it to ELECTTON RETURNS ED. ITOR, THE CALL, SAN FRANCISCO.) of .. iaerecnrscnaas.VOtSS 6 S G NSt S R SRy e G Fox the third DA . s csavenasovetompuise sosnsnmmenssddl ............ v smas " Hearst, he has come to some kind |- NO PREDICTION WILL BE CONSIDERED THAT REACHES THIS OFFICE LATER THAN MIDNIGHT, SATUR- DAY, NOVEMBER 2, 1907.

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