The evening world. Newspaper, October 13, 1903, Page 12

TUESDAY EVENING, OcTOBr 18, 1903, | Published by the Press Publishing Company, No. 53 to @ Park Row, New York. Entered at the Post-OMce at New York as Second-Class Mail Matter. VOLUME 44..... .+eNO, 15,398. ———. LITTLE LESSONS IN FINANCE—I. " WHE LEGITIMATE—When in June, 1902, the general the newly incorporated Shipbuilding Company the official announcement wss made that the capital stock had been fixed at $20,000,000, equally divided between preferred @nd common, and that there would also be an issue of $16,000,000 in first mortgage 5 per cent. sinking fund gold ‘bonds, due in 1932 and secured by a first mortgage on the vlants to be consolidated. Of this bond issue $9,000,000, it was sald, had been “fully underwritten,” $5,500,000 had been “withdrawn Teseryed in the treasury of the company for its use. It was announced further that the plants in question ‘were “appraised at over $20,000,000 and the companies operating them have on hand contracts for work at an estimated value of more than $36,000,000" on which “those interested estimate the profits at over $5,000,000.” A few days later, after the purchase of Mr. Schwab's steel mill at Bethlehem, Mr. Lewis Nixon sald for the ‘Trust that “the acquisition of the Bethlehem Steel Com- pany was the most important industrial step taken in this country since the formation of the United States Steel Corporation.” At about the same time we had Mr. Dresser saying: “This corporation, with the enormoua facilities behind it, fte strong nancial backing and with the management it will have, ie destined to put this country again in the position she unce held as the leading shipbuilding nation of the world.” It was now prepared to “build @ cruiser even to her uns.” Was there ever a more persuasive bid for an investor’s confidence? In the composition of a financial prospectus not all the talent is’ monopolized by the ‘“‘get- rich-quick” promoter. Now, but little more than a year after these alluring promises, the company’s bonds are selling at 14, and its stock, preferred and common in one worthless category blent, at §1 a share! THE ‘GET-RICH-QUICK” KIND—“If,” asked The Evening World last Thursday, “the Shipbuilding stock- holders had put thelr money in the first ‘get-rich-quick’ swindling venture that offered would they be worse off?” It seems, indeed, that Miller's dupes in the Franklin Syndicate came off better. The Miller prospectus prom- ized 10 per cent. per week, 520 a year, the managers of _that concern having “exclusive information” about the ‘vay the Wall \street market was going. Miller said, and doubtless believed, that he was “building up a tre- ™mendous roserve fund,” which would protect him against failure. Money poured in from his clients, his books _ thowing when the collapse came that 17,000 depositors had paid in $1,150,000. But this was not entirely lost. Out of the assets re- muining in the receiver's hands a 5 per cent. dividend was ordered in 1901 and Justice Smith later ruled that the creditors were ontitled to the $140,000 in certificates of deposit and Government bonds sald to have been de- Uvered to Coli. R. A. Ammon the moral satisfaction of seeing Miller in a prison cell. ‘They ceem, indeed, to have fared rather better than the Shipbuilding stockholders. TAMMANY’S STAKE, “All that Tammany Hall really wishes to obtain In this election is the appointment of a Police Commis- ‘ sioner.” The words are the Rev. Dr. Slicer’s and they are fitly spoken. There may be prestige in electing a Mayor, but it is from the police that the “graft’’ would come. In the New York of Tweed's day and in the early Croker time there | were sources of plunder which are no longer available— there were building contracts in which collusion with the contractor made feasibfe the collection of a larger “rake-off;” there were street franchise grants, dock job- bery, water loot of which the defeated Ramapo job was cnly a reminder of greater “graft” gone before. But a jealous newspaper scrutiny has ended these forms of robbery; where they are not dried up at the fountain head they have been made dangerous. Only in the Police Department under a corrupt Commissioner can the old stream of illicit revenue gush forth again into the secret subterranean channels out of reach of pub- lelty. Into these channels with a venal successor of Greene in Mulberry street the great tide of red-light tribute would flow again. The disorderly house, the gambiln, house, criminal resorts of all orders, “cadets,” the ‘dia- reputabie of every kind, all would contribute their quota of the usury of vice on which the political beneticiaries of corruption fatten during a Tammany term of office. Mhe mere possibility of a return to the old police con- ditions eclipses all other considerations in the canvass, NO QUESTIONS ASKED. A queer social sidelight is furnished by the develop- ments of the Susan Davies mystery in Brooklyn. This unfortunate girl was about to be married to a young man who ha‘ been paying court to her for nine years, but whose address and whose occupation neither the girl's sister nor her brother knew. As Miss Davies ‘was a young woman of excellent repute it 1s presumed’ that her suitor’s credcntials were satisfactory to her. Yet was that enough? If the sister had been about to engage a domestic servant or the brother a clerk, Public was permitted to subscribe for the securities of | from public issue under vendors’ contracts” and $1,500,000 | In addition to the enforced restitution they had also| “ : 1, @0SSOSOSOE O04 te & The 39004 => 8s = > Ss = ~~ wT —J Ss = => y=) —= wT on = Ss 2 Ss = F9DF299999990606: MOST ADORABLE ONE —erTc ~ GANG OLD mvFr) Ary 3O® 9902 @ How to Keep Hubby at Home. rd Timely Maxims for Lonely| $ Wives with Wandering Helpmeets. TEARFUL wife writes: “How can I keep my husband at home on @undays? I have to chase him to work with an axe six days a week. Rut on the seventh he rises at about 6, remarks: ‘Thy wide, wide ‘world for mine!’ and isn't seen again till about 1 A. M, the next day. How can T keep him at home?” Here are a fow pointers which should otnoh him to the flat all Sunday Th the first place, (discarding, as un- sportsmaniike, the ancient method of locking up his trousers and swallow- Ing the xey). try to alve him at home all the joys he goes elsewhere to seek. This Is easier than é «oun: loon draws many a man. Fix up the kitchen as a bar-room. No Nquor {# necessary. Rig up a line of fale bottles on the stationary tubs buy a phonograph that will remark at ten-second intervals: ‘This one's on, me.’ and induce the cook to tell ten- year old stories at intervals, With an electric fan and a bow! of popcorn the atmosphere will be perfect, and the) % phonographic words will make him think he's struck graft Second, fit up the trusty fire-escape! 2 with two rubber plants and a potte spinach and induce the cook and walt-| ress to don soubrettiooats and stand| 4 among the follage singing some such how this Arrange a chair with back 8 thisg impromptu stage and seat him In it. Behold all the joys of the best roof garden. ‘Phird—Clear all the furniture out éf the dining-room, rub resin into the car- pet and persuade his mother-in-law and (4 AFRAID yours to put on the gloves for three | SOME OF Tt lively rounds, Whichever of the two “puts out" the other, one of you will be happy. 1f you can manage to pick his pocket or yell “Here come the po- loe!"? some time during the mill, the resemblance to a fegular prize-fight will be vastly enhanced. Leave (where he can readily find and @nnex it) fourth—A sum of money in an envelope, marked “Housekeeping fund, rent and food." Then lure him into a poker game with you~ You needn't bother about stacking the deck, because when @ man's playing with stolen house- keeping money he's bound to lose any how, and you'll get It all back with some more besides, e To make all these amusements more | 2 Pleasant and natural bs mesee: utes with a telegram signed by name and readi your home et once. I am If these various stunts don't serve to make hubby a Sabbath fixture at the flat let him go. It will be a sOO0000008000000000080008 % OWN UPON HIS BENDED KNEE You MAY KISS \ me Now, ‘Mrs, Waitaminnit--the Woman TSPomeD HE FLAP-\ JACKS IN MY HASTE. \32'60 TO Your Ap t that a good and tactful wife is ed on much am Some of the Best LETTERS . i Jokes of the Day. QUESTIONS, | ANSWERS. FOOLISH QUESTION! Mrs, Goodman—One question before I xive you thix money—do you drink boer? Applauding af the Theatre. | | Mumpsy Mullins—Do I drink ft? To the Editor of The Evening World Why, lady, you certainly don't s'pose In it the proper thing for a lady at|I squirt it Into me arm wid a s'ringo: the theatre to applaud by clapping her | hands? A. B.C. Yes: if she does not make herself con- spicuous by doing so. Dore's no Kansas Cit Star, d | Church—What kind of fish did they Protests Against Mourning Bands. have up at the lake where you spent Be tbe Editor of The Evening World your vacation? protest against wearing mourning Getham—Oh, jotham—Oh, the big kind that al- banda on the sleeve. Sincere sorrow 13| ways got awny.-Yonkers Statesman felt only in the heart, and some ot! WIFIE WINS. : those who advertise and make a show of thelr grief by wearing mourning bands <n the sleeve may, perhaps, wear y wife excels ‘would cither have made a choice without asking a ret- erence and insisting, especially in the case of the clerk, on being fully informed about the applicant's life and A FOOTBALL MARATHON, In the hills of Massachusetts there is a little college, heret by name, which by a football victory over Har- wd last Saturday has won imperishable renown in the aals of sport. Long will the college Pindar celebrate Amherst there are only 400 students, fewer by 800 ‘who constitute the entering class at Harvard ‘A small’ lot of timber from which to select of rugged thews and massy muscles whose Sustain the college honor on the gridiron, Uned up bis dauntiess ones at Marathon ‘captain confronted the pick of the Cam- “What's that? "She makes five Cley the heart there also, Discard tt. When | I aee a person with this badge on the sleeve I immediately form the opinion that he ts not wholly sincere, J.C. CLOSE CORPORATION, i No, 176 East One Hundred and Fif-| ‘But you don't want to go to heaven?’ | ‘you don’t behave I'll slap your teenth Street, |asked the Sunday-school teacher | < face. To the Editor of The Evening World: What !s the nearest evening school for Nope,” said the bi women to No. 676 East One Hundred and| “There won't be nobody there but wo ‘Thirty-seventh street? Three Minutes to Each Row Minute Rest Betwee: | ‘To the Editor of The Evening World: A says there are only two minutes of fighting to each round and then one mi; ute rest. B says that there are three minutes’ fighting and then one minute of men and preachers, broke token broken. reat. JH, Boundaries of Washington Square. ‘To the Editor of ‘The venting World: ‘Where is Weshington square? —C._| le all over between Washington square's southern boun- dary \o West Yourth sireet. {t extends north to Waverley place, goes weet to| make use of them to Meodougal gtrest und east to University | gie—Noj Dut I've, pace her, you know, Jer way but to drink It— THE USUAL SORT. Jculinary particular at least.” nd Plain Dealer. | shocked and grieved. BREAK! BREAK! He broke the new cook in; and then she The china and the glassware es a That e'en a cook can take And spread contagion after she —Ball UTILITARIAN. He—It you insist upon it, I suppose it would return my letters. Bhe—Wiy, you are not efraid I shall A LONG REACH, ry my mother in one kinds of fudge."— Chubb—Mr. Spindle, if # There's Many a Slip 'Twixt a Flip and a Flapjack, and One Is Enotigh fo Put Hubby in the Soup. GtuN Bene towld me niver to dhrink wather¢ widout bollin'? to murther ye. water awn almost burned me a w THE » EVENING » WORLDS w« HOME » MAGAZINE Archie---Hg Fears to Ask Edith’s Papa in Person. BUT WHEN WE QUESTIONED POP, HE DID IT BY — sMane 1 ASK YouR Who Is Always Late. <tte YY YY, iy G ‘Man Told About New Vorkers. NE of Ballington Bdoth's Volunteer officers relates an amusing inci- dent that happerfed yesterday. He was walking along Fourteenth street, near headquarters, giving away cards on which was printed the verse beginning “Ho! every one that thirsteth.” He handed one to a tall, thin man, with a face like a shingle. Glancing at it has- tily the attenuated chap raised his hand recating gesture and snarled: but I'm a teetotale! Why, this is only a text,” sald the astontshied officer. ‘Oh, I thought it was a saloonrkeep- er's lvertisement,"’ remarked the tem- perance advocate, CIN I ih “Chuck” Conners who, siler knows, is past ma: of matters ® | pertaining to soclal etiquette, was ap- Mahoo!e—Ain't yez th’ wan thate s every east » |And the housewife would find too much to occupy, her ‘ WIRELESS, TELEGRAPHY Ula "s Ne RK FarHeR’'s Nore ah Woman’s Part in the Election, &é SEE that the women are going to take a prom- inent part in the campaign this fall,” re- marked the Cigar Store Man. “Yes,” said the Man Higher Up, “they're butting in. They hAven't got anything else to do. Tha club season isn't open yet. Women in municipal politics remind me of people who start in to uplift the staga They play short engegements. “If women had votes they would do a lot of good in active politics—not saying that they don't do gocd now, | But if they had votes they wouldn't be bothering the . men. They could work exclusively among the feit sex, not 5 per cent. of which knows when election day {s or what election !s gbout. The average woman's knowledge of politics is confined to wat she hears in her husband's talk—or perhaps her brothe Yon will find that most of the women who engage headquarters and try to throw the harpoon into the rough necks on the other side are married and figure prominently in club Ufe, 5 “The young unmarried female don’t care anything about politics, and the wife who has her housework to do and her offspring to take’ care of is content to let the old man do the voting and the chasing after votes. The maiden, if she had a voto, would cast it as the young man of her choice dictated, because she always thinks that he lias got Solomon looking like an inmate of .an institution for the care of the feeble-minded. time to allow her to go to the polls, “I know a young matron who has bought a stack-tn i the political game, and she is like a kid with a new red wagon. Her husband holds a big position with a Mercantile house and belongs to three or four lodges. He has been married about six years and has come @o the stage where he can stand up in the lodge room at midnight and sing ‘Ho-ome was never like this,’ on words to that effect. When he got home the offer night to dinner he was met at the door by the Juntor, Physician—Yes, sir.” | proached yesterday by a friend, who Mahoole—Thin Ol hov a molnd|asia, sade Gi dhrank bolledS| «say, old man, is It the proper caper to wear gloves to a box party?” “surest thing you know, piled Mtr, Connere, | °And don't forget that the correct weight is elght ad boy of the class SENSITIVE ANALYSIS. Chicago Tribune. said To produce a couple of pounds of) BREAK! uranium residue, and the cost of hai expensive, and it would be Imposs! to do this by chemical analysis; there- fore the far more sensitive elestrical method ts employed, and chemists eay that they can detect the presence of a Uttle Joke Is timore News. us} but I wish you minute quantity that it would your dina; my eye dvantage? writing ‘Bha radium takes no less than 5,000 tons of) and hand it to pecple you know when you return from your vacation: ounces, Just fire that bit of knowl- edge into your think tank." . ra Wallace Munro, the theatrical mana- ger, was in his office on Broadway ye! terday struggling with a particularly perplexing problem relating to a road route which involved a long distance “Jump" over a triangular course, when anaagtor in search of an engagement in. mid Mr, Munro, vm t seem \ TIME-SAVING DEVICE. Cut this card cut, paste it on a board Yes, I'm back. Yos, I had a good time. Yes, 1 caught a lot of fish. Yes, the mosquitoes are bed down there. Yee, I pnjoyed the bathing. ‘Yes, the beds were hard as ever. You, we ha to fight for our meals, Yes, I gained ten, pounds. Yea, I feel mugh improved. “Noth! /" ‘a wi I in. 10 be. able to ol see a Seat Ee itt partner of the house with the information thet she haa | at last discovered a way to cut out the horrid olf lodges, Mayor Low, she had been informed, will close every, lodge-room in town when he gets re-elected. , “‘And he is going to close those awful pool-rooms, too,’ she said, ‘where young boys go and spend afl their money playing billiards” “If women voted and controlled elections, the eteo- ‘tions would go the same why every year, because women are not open to argument on politics. Once thay, get their minds fixed they stand pat right thera The men wait until the Tammany administration gets on the garbage and then they send it to the political crematory and keep it there until the other adminstra. tion makes them tired, when they resurrect the Tam- « many ashes and start all over again. If a majority of women yoters once got Tammany out, it would be a case of Tammany staying out until the moss on the outside of Tammany Hal! got as thick as the lining of a padded cell. i “A woman came to my house just before the last elec. | tion and asked me how I was going to vote,” said the Cigar Store Man, “I told her it was none of her business.” ° “You should have told her,” admonished the Man Higher Up, “that you were going to vote for Clarence Edgar Perkins, the distinguished lawyep and clubman, and she would have said, ‘Oh, how nice!'” Peewees in Europe. A German ecientist asserts that pigmy races have ‘exe {sted in Kurope, This conclusion ‘s arrived at from the examination of numerous skeletons which have been found An the region of Breslau, in Silesia, Their height 4s con- siderably below the ordinary average, being about 4 feet 9 inches, which represents the mean figure for a whole group of skeletons, Similar remains have been found in other parts of Europe not far from the above region; thus Koll- man, of Bale, describes the remains of plgmies which have been found in Switzerland. In this caso the average height reaches as low as 4 feet 5 inches. Gutmann has also de- scribed the pigmy remains which were found in lower Al-| saco, near Colmar, ‘These dre still smaller, and the height of many of the specimens {s but 4 fect. The pigmies of! Silesia appear to have the contemporaries of the Romans and slave races al have existed until the year 1000 A. D. At present no vpecimens are to be found’ tp Lurope. Deadly Low Voltage, : Tt tw sald thet low tension electrical currents, my undee more deadly than those having ten times voltage. Dr. Berttel and Prof. Provost have made | of restoring the ection of @ heart Su