The evening world. Newspaper, May 2, 1908, Page 10

f 4 bi te oa 10 MIGLYNN CASE AND LAND LEAGUE HURT - PRESTIGE OF GnlRCH Activities of Cardinal Gibbons and Archbishops Ireland and Keane Left New York in Second Place —Farley’s Good Works. Fa a had . wer. ot age "rece the natien Catholic Church History in New York. Written Especially for The Evening World BY REV. J. TALBOT SMITH. ARTICLE NO. VIL FARBInaL me Clowney Faith of Our Fathe esteem. to that kind of prelate. ARDINAL M’ELOSKEY died in 1885, and by the year 1890 the Dio- cese of New York held only a sec- ondary place in the public interest and in real importance. This was brought about partly by accident and partly by design, al- though no one thought it possible to reduce the great diocese a degree lower than its fine setting, the me- tropolis itself. ‘i Archbishop Gibbons, of Balti- more, had come into notice, not merely by his position as Primate, but through his Never bool icult to de! time, because of his boldness and rarity. Archbishop Ireland is as great a man and gets more credit for it. In 1889 the Catholic Unive: first ration oversy emba: to dis¢ t in outline sent. It fs Ss MHcGlynn. st T His speeches League ft With this request His Mork did not lite moderated the After the C: euppressi: MeGiyn who lost no time Bestion of Cardinal Dr, MeGlynn the politi and helped him i office of Mayor o George was tho indepen end had the labor vo! ence of Dr, McGlynn to help conside cratic leaders protested bitterly e of New York under of Archbishop Corrl- e of Dr. McGlynn caused and became a source | un- its details here, | was the pastor | ous as in be- rave great vernment, and Roman | world; raised oratorical flights of Dr, nop Corrigan, ing the sug- ity was opened in Washington, and {ts president was Archbishop Keane, of Dubuque. . These three men took away from New York its . by their ability in public affairs. They sisted elsewhere no less than in Manhattan. prestige, innocently made it clear that sets | 84iV 1 had ever happened. Archbishop vas charming man, demo- approachable, Dr. Kindly onle, domine: e qual y: yet endeared nd ae cerned, Satolll, Gib. ell, held only an ime ‘nthe affair, > the r of great th ia | dlocese lost ies pawn Its good works we Corrigan’ w !He was himself time | Brand | finest r to seminary at institution of ki chureh s: a and had ation, uring his 1 administratic wered that th w on the oY banks the appearance of priest politic platform. Moreover. terances at varlous times had made toWanvary suspected of many bishops, who pro- esteem beyond the ordinary, tested against him in Rome. Thus the English Government, Propaganda In Archbishop Farley, Rome. the Labor party in New York, the George movement, Tammany Hail, | yJii® Successor. and a section of the episcopate were interested in the suppression or the pro- motion of Dr, McG: yn, rigan forbade hi ee . campaix: for shop C m his to explain nounce his to + pastor of Newburg the ra ations by ’ the New York u put befor {tizen: Manhattan i . Catholic evoh the ear more vi Moreove Arc hop Satoll! despa at of ever getting to the end of t moll, Diccese Lost Prestige. Archbishop Corrigan Suspends Him perse- | | 1 known to tr disobedience. parish and took als atholic or non-Cath Church so free to develop accor r nature; and in no other ts 1 utifut with youth and success which sprang from the “The | his skilful direction of the Third Plenary Coun-| cil of Baltimore in 1883 and finally his elevation to the College of Cs dinals in 1886. There is no abler public man in high position, eit of Church or State, than Cardinal Gibbons. It may be di and describe his ability, but the experienced know its extent and quality Out in St. Paul Archbishop Ireland divided with him the public] Dr, Ireland is another Hughes, and has accustomed Americans Dr. Hughes was a novelty and a wonder in his 3 ne so] Support THE EVENING WORLD, SATURDAY, 'She Was Such a Good Sailor That | j ] | | | WRS. RUTH EDELMAN. Liner’s Captain Gave Her a Photo. MAY 1908¢) UOT SELLERS 10 COMPETE WITh STOCK EXCHANGE eee Auctioneers Plan to Hold Con- tinuous Market for Out- side Land. New Yorkers will be able to trad in lots this year almost like they trade on he Stock and Gra’ axchanges. Auctioneers are planning to create an Jonen putts market for lute in the sub Jurba, They say that small investors want lots Instead of stocks or bonds savings bank books, To satisfy the mand, there will be almost a contin- lous series of big auction offerings. More than i lots will be sold at York suburbs this | |spring, summer and fall. This volume Iw break all récords. As the average price of each lot will be at least $400, e total which the auctioneers expect to realize wil ‘ach $20,000,000. Accord. | ng to precedent, buye the 1,00 | 's will number over 15,000. The aver- nase of each will reach $1, age puri 3. Most of the prop to be offered will be In sections have be opened for home building by new rapid | transit 1 or are to be opened soon The public has been educated in the) love of investments during the past | |vear, Buyers do not want useless prop- erty. The’ great number of new In- yestors Intend to make land their sav- nga bank. They have ready cash to ay for it, Their buying promises to be | y sttmulating because it means 3 inflow of real money. Day to Start the Campaign. From careful estimates of the land to be offered at auction, it 1s probable | rat Long Island will supply 0,000 lot New Jersey 3 the Bronx and Wes chester 10,(00, Staten Isla 000, All the active auctioneers in se sections are ring on big sales, Many say ayers may be able nent open auction ection, lke a stock ex- If buyers want to offer their lots wi jort time at higher prices | the auctioneers are wil to arrange | a series af regular sales for that pur- pose. that the new small change, Spring Halt | in Theatricals | on Broadway. | a new Mo: sant nds his 2 of th r's Must ional mati Ww 1 Nethersole 1 Opera-Hous: Wedne-uay Saturday mat RACTIONS LE ATT will ere Itahan Grand Opera at The American Theatre, bem hopes that public enable him to extend the Abi will fy in| period of four weeks for whioh he 1s Institute, at Cooper non booked. The prices are popular, At the evening, | I ‘THIS SEA DOG BARKS LIKE SILAS WESC. —_.—_ He Dropped Into Poetry When} nan Kept on Deck M sdel of Liner During Gale. |with the Manhattan subway on the Borough Hall line. s beside ofte of suburban lotr ship plung: arted the durinng the past gray-backs ho! Week, but the opening of the auc- sto to her } Hon campaign will be next Tuesday, and has when Joseph P, Day will offer 246 G Bronx lots on the Joel Wolfe est tract, The saime auctioneer will offer | > onin tour of hree other big Bronx tracts this t return to Paria| Month, His May offerings of Bronx lots alone will exeeed 2,000, Then he vill take up the Long Island field. may will sung and repeated on be M David at the clesing meet! evening. drooping into ture: | ve young strl, | on | the owners at last to the unlay even-| Pressure of the expanding elty popula- for Tuesday | The Wolfe Jots face the Bronx Botant- urday matinee. | cal Garden along Bronx Park east, B Bispham is announced to of The Peop! inion, to-morrow apt in his b all th y matine eventn, eran nigh staf, A glve | the | ar for Herbert his pa- | be th Krets! | |0.L.SCHWENCKE, JR.,| DRAWS s-;TTLERS TO LONG ISLAND. Of 6,000 inv lots on his He 3,000 want to build ie | that the third rail connects ors Who have bought npstead tracts, nearly homes there now he place | Later ne will carry the campaign into New Jersey. Mr, Day's large Bronx offerings will take’ place in the real estate sales- room on Vesey street. Most of them are tracts wilch have been held intact by large estates, thus keeping them out of the reach of 1 buyers. They have been surrounded by home bullders and ave ylelded al Olinville, Mace, Waring avenues and White Plains road and Boston road. White Plains road !s the main artery | between New York and Mount Vernon. It ts 100 feet wide Bronx Lots Go by Hundreds. 5. On May 12 4 parcel of 369 Hunts Point lois will be uttered, ‘to be fol- jowed on May 19 and 0 by the 00 lots On the Lohoauer Purk tract, and on May 26 and y 60) lots ofthe Ben- \jamin’ 1H ‘The Hunts aint lots. ar Xcks from the Simpson street sta of the rapid ,|Wansit subway and tly opposite "tthe Hunts Point station of the Now Ven Haliroad’s new six-ttack electsic 1 is intended to connect with luvenue subway the Bronx st of old f ates of a high © rhe ‘Trask lots near the Morris High School, to the station of Uie New Haven’ Rajl- suburban system at Westchester venue and Classon Point road. In the nelghborhood {s a large settlement of at- | tractive two-family “houses. All the ne lots are in the class wanted by small AMERICA JO PAY ALL DEPOSITORS | Official Announcement That Patrons Will Get Money in Full. The National Bank of North America, prior to the October pante widely knowa. as the headquarters of the chain of | | Charles W. Morse’s banks, will pay off {ts depositors tn full. The Evening | World was auh:rized to-day to make this annoyncement to the public by @ | high representative the United | States Government, which has the in- stitution ubder its conrol It was added that there was $1,000,000 over and above the §,000,000,00) needed street. Change of View, Says Morse, “One million dollars for the stock- holders?” repeated Mr. Marse. “Why, there 1s over $2,500.00 for she stock- holders at the very jowest calculation. Until yesterday Recetver Hanna marked my loans of $243,000 off the books as a Mability, and now I see I am looked upon quite differently in that quarter.” Mr. Morse was asked to give the de- s of his settlement in full with the National Bank of North Amenca re- cefver, wherehty moges 6han $319.00 worth of Morse paper in tia bank cleaned up to the entire satisfac of the Government's representative “I would rather no! “I am confident that coming events will vindicate me. You understand that more than $405,000 of the obltga- tions which I took up at the Nation Bank of North America was not my paper, nor was !t paper which I could have been held to pay. As an evidence of good faith to the public, upon ad- vice of my counsel, I settled with Re- celver Hanna for the so-called ‘dummy’ loans.” In full justice to Mr. Morse it should be understood that he was not legally obligated to pay the so-called ‘lummy’ of $406, This much was ad- Receiver Hanna when he against Morse. How- nancler yesterday pald igned Over to the xchange securi- cents-on-the- against him loans was loans mitted by brought action ever, the little fin $40,000 In cash an receiver $160.00) Stock tles, a settlement of fit dollar, and suit brought for the so-called ‘dummy! digcontinued. Personal Notes Paid. Mr. Mors rsonal notes to amount of ™ have been paid in full to all intents and purposes. Re- celver Hanna got $100,000 in cash and the balance, $143,000, 1s secured by @ new issue of notes running ninety days and fully secured, Charles M. Schwab, former President of thé United States Steel and personal friends and r are credited the mpany atives of Morse in New England interests with being the d put him nal Bank of Nor she firmly believes can g institution, His chief Gifford, uspended and the Bor Hamilton of Brook ang set. ational ¢ himself in a jon to meet the Fed- his paying off the y ven putting him in the f an upright man, rarely found these days below Fulton street. Office Building an Asset. of thi One of the principal assets e National Bank. of North America is e office building No, 43 nge the ground floor of w was pied by the bank. Tais building is taid to have been carried on the books At. $2212,000, although a mortgage, of $1,500,000 was against the property. The receiver values the equity of, the bank {nthe bullding at $760,000 and It is not belleved that he will need sell it to meet the full claims of depositors. “He won't sell it,” said Mr. Morse to- day. with a broad grin—witch, by the Way ie the first his face has, worn since nis return from Europe, “Mark what I tell vou, he won't sell the bulld- tng. And there are other properties of the bank he won't sell, either. Mr. Morse has claimed to intimate friends since beginning his successful fight to stave off bankruptcy that the attack on his securities Iast October and the subsequent activity of certain Government and banking officials was part Elgantic conspiracy con- her financial giants who in trouble for thelr own past mis- deeds before the public, and who thought to kick up a lot of dust and escape “in the smoke from the conse- quences of thetr own wrongdoing. But Mr. Morse would not discuss the Oc- tuber nanie for publication when the ormortunity was again afforded to him, |investment home-bulders. 7 Auctioneer, George W. Bard {8 plan- ning several big lot offerings In the| ‘© Westchester suburbs. Other auctioneers will come in Iater with the remaining | thousands of Bronx and Westchester lots which will be distrizuted during the year under the hammer. On’ Long Island Auctioneer Bryan WL. mnelly open the campa.gn with n the Vesey Island by eat big Long wnnaneed goon | offerings will he | Auctioneer TF. Archer and othe ctive in the new rapid transit sections Aird sacar Me, Pay wil cane campaien in the Palle Harbor where an distributed thou- sands of lots during the past two years. Durtn tinne ul A reward of Two Hundred and Fifty Dollars will be paid for ee prcsat and conviction of any jer or other person guilty, under the fae algae ction 550 of the Penal Code of the State of New York, of criminally receiving any prop- erty belonging to this Company. NEW YORK TELEPHONE CO. 15 Dey St., New York JOHN H. CAHILL, Mag 2, 1902. 4d Vico Preedent BANK OF NORTH STOCKS MIXED IN = Ey M+ 4 iH Mh ay I i Lbuts, & ts Manhattan + ‘ Mex, Central eae j ! a StF s + ate af 1 wae : j Nats Ba The statement of the Clearing-Houne | X°rel* = for this week shows that the banks >= hold $62,852,900 more than the reauire- ze % ¢ menta of the % per cent. reserve rule. | pullman J ti ‘This te an increase of $8,868,150 in the Heaaing : = proportionate cash reserve as compared Hep. Steel with last week. The figures as issued aire to-dey were ag follows: Pacitt 3 % + <1 + a pegeeys) + % Res Bursa Tne. Re Ex. U. 8. deposit The percentage ctual reserve the Clearing-House banks at the close of business yesterday was 24.80. The s of banks and trust companies reater New York not 1m ers of the Clearing-House slows hese insttutions have eRe of $855,925,500; total on ag $4,900, and loans amounting to pain Prices. lowest and last prices anges as compared figures are as fol) HE Kerkoff is genius of France. Djer-Kiss ishis masterpiece. It has be- come th: most popular per- fume in New York. distinctive and fashionable. Pronounced Wear Kiss the perfume Dainty, JAMES McCKEERY & CO. 23rd Street SILK DEPARTMENTS. to pay depositors, which would go to} Amat. Copper holders wh bn Ain. Car & F the stockholders when the bank had] 4m Car & 7 iin fore) panio De been fnatly Lquidated The ‘rst ft Am: dcomoriv ephals sialment of 2% per cent. to the de-|Am. Loc, pf : positors will be paic before May 15 by |Am: S| & Rep ey Receiver le Hanna, now tn] Am. Sugar + 41! aerxorr. charge of the bank eee amas bare This surprising upward turn in the “a Doss yy Ege Ib fortunes of Mr. Morse wes brought to | @ fi Soo Ale + 3] —. the attention of the former “Ice King’ | Ches. & Oh! 3 5 + 2m by an Evening World reporter, who | Gialg* iP fee (AREFUL CARPET (LEANING saw him at the office of nis counsel, : s Sis 421-£-48 Gere: & 1558 6 WAT Gifford, Hobbs & Beard, No. & Nessa, | qe In Both Stores. 34th Street ome “McCreery Silk.” Exhibition and Sale of Summer Dress Silks, the latest weaves. Suitable for wedding, bridesmaid and commence- ent dresses. On Monday and Tuesday, May the 4th and sth. , Sale of Ten Thousand yards Wash- able White Japanese Habutai Silk. Superior quality. 65c per yard value 90c WASHABLE DRESS GOODS. In Both Stores, On Monday, May the 4th. Sale of Imported Novelty Materials, consisting of Silk and Cotton stripe Voile, Silk and Linen, Batiste in stripes and plaids, Silk and Cotton, Embroid- ered Pongee and Embroidered Pekin 1 Stripe Voile. 1.00 per yard white and black, 42 to 45 former price 1.50 to 2.75 12,000 yards[fPlain Colored Voile. A fine mercerized fabric, Copenhagen and navy blue, pink, light gray, Nile green, lavender, brown, cream, inehes wide, Sky, cadet, r6c per yard BLACK DRESS GOODS. Imported Jet Black Voile. wool, crisp finish, BLANKET DEP’TS. On Monday, May the 4th. Blankets and Bed Sale of Summer Spreads. Blankets double bed size 3-50, 4.25 and 5,00 per pair English Dimity Spreads, Full size, 1.75 c English Mercerized Damask Spreads, , New patterns RUG DEPARTMENTS. On Monday, May the qth, Sale of the following lots of Oriental and Domestic floor coverings at ex ceptionally moderate prices, In Loth Stores. In Both Stores. i ioo Axminster Rugs, ico Wilton Rugs. Size 9 x 12 ft., 25,00 100 Seamless Wilton Velvet Rugs, ex- j tra quality 150 Rolls Wilton Velvet Carpet. M ade, laid and lined Imported and Domestic Inlaid Linoleum , too, Persian Carpets. ’ 9 x 12 ft. goo Fine Caucasian Rugs JAMES McGREERY & CO. 28rd Street Spree meee Ps In Both Stores. All 75¢ per yard usual price 1,00 2.25 : Size 9 x 12 ft, ' 19,00 22,00 1.25 per yard 1.20 per yard Average size 90.00 and 120,00 12,50 , 34th Stroet yee eee PTT TY ‘. \