The evening world. Newspaper, December 11, 1908, Page 24

Daily Magazine, Pabliened Dally Hxcept Sunday by the Press Publishing Company, Nos. 63 to 68 Park Row, New York PMB PULITZER, Pree, 1 Rast 14 Street. J. ANGUS BPLAW, ReeTrens., 01 Woet 110th Streat, — Fintered at the Post-Office at New York as Second-Class Mat! Me Bubecription Rates to The Evening | For jand and the Con World for the United States All Countries in the Thterna and Canada, Postal Union. ¢ Yenr. ‘ $3.50 | One Year. ne Month 20 One Month. VOLUM? 49 Oooo eeeeeeeeeaeavasees Great Sport! ' By Maurice Ketten. NAPOLEON METZ. OMPTROLLER ME plained to the legi mittee on Wednesday his right to| the title of of He proudly ex- ative com: | Napoleon Fin-| ance.” based the cit) his deals with J. P. Morgan & Co., on which he plumes himself. | As he explained, the city’s! financial affairs had reached “a juncture while I was in Europe.” He returned before the “juncture” was over, and “I saw Mr. Morgan.” | Napoleon Metz and Mr. Morgan then made a bargain by which | the city was to sell J. P. Morgan & Co. $30,000,000 of revenue bonds at 6 per cent. interest, with an option of $20,000,000 more at the game rate. To quote Napoleon Met The sale was made, and the city received two certified checks for | $16,000,000 each, one drawn by the National City Bank on the First National | end the other by the First National on the National City. For a joke 1| said “Let's deposit each with the other,” and somebody took up my words end has been making foolish capital out of it. ever since. s eulogy of himself: That is, the city paid interest at the rate of 6 per eent. to the: two banks, or $1,800,000 a year, for them to make cross-entries in| their books. The deposits stood in each bank as a city depository, paying the city 2 per cent. interest. The city was out the difference | between 2 per cent. and 6 per cent., or $100,000 a month, $1,200,000 | a year. 0 | The city also gave these two banks bonds which they deposited with the United States Treasury as collateral for Government de- posi These deposits were available for legal reserve, and were therefore a basis for four times” their amount in Wall street call loans, The Wall street call-loan rate was then 10 per cent. and upward. Private parties who owned bonds were enabled to double their | interest by loaning them to banks. The city turned its bonds over} without any charge, paid thesé banks 4 per cent. net profit for taking the city bonds and let the city’s credit be used through United States Treasury de s for over $100,000,000 of bank loans. The bank profits cannot have been more than 30 or 35 per cent. on which they paid no interest. TOM, The city’s profit was the enabling of Herman A. Metz to call himself a “Napoleon of Finance.” Later on, when interest rates had dropped, J. P. Morgan & Co, exercised their option to take the other $20,000,000 of bond- at 6 per cent., although the city was able at the time the option was exercised to sell the bonds at 4 and 4% per cent. J. P. Morgan Oo. promptly put these bonds on the market and sold them above par, making about $600,000 additional profits. It is not at all likely that any one except a “Napoleon of Finance” would ever have made such a contract, or if he had made it would have plumed himself on it afterward. Letters From the People !- For a Ridgewood Subway. ment agencies tell us, “We lave hardly any general housework girls appl here any more.” Yet most of "To the PAttor of The Evening World I wish to protest against the cond! tions of “sardine packing” on the Ridge- 4fford to keep two servants, Must the wood “elevated” in Brooklyn. 1 think | 84cred word “home' be struck from the dictionary just because if any section of Brooklyn needs a s way, the Ridgewood section does them build one through this section where so many of the working pe live A. VON BEHI Ridgewo we cannot fin 4 servant who will s ME Le 'A HOLDENIS. ¢ Schoolst can afford either; bu child to go t nt her to have decided to ask tople ou! ision our Iw We by thelr Taxes and Cost of Living. servants and his claims on} the way in which he has handled *s bond issues, especially | Friday, December. 1908. eer] sen PN fe ls) Vy EF ifty American | Soldiers of Fortune 8 By Albert Payson Terhune No. 23—PIERRE LE MOVNE, SIEUR d’ IBERVILLE, IERRE LE MOYNE, Sieur (lord) of Iberville, and founder of Louisiana, was a “sailor-soldidr of fortune, He was one of the twelve sone of an old Canadian Indian fighter. When he was only fourteen, Iber- le turned his back on his peaceful Canada home and sect out on his jchosen career as adventurer. This was in 1675. | France and England were constantly at war. Young Iberville gained ion as midshipman in the French Navy at an age when most j boys are barely entering high school, He was detailed to active duty in | America, and saw service in France's attacks on the English forts of Hud- json’s Bay. There, the youth, by pluck and strategy, captured two English vessels, and by means of these acquisitions forced the British Fort Quitch- ite lonem to surrender to him, Shortly afterward he succeeded in capturing two’ more British ships. Thus, while still well under thirty, Iberville won la high reputation for courage apd resource even in a land where such | qualities were more common than otherwise. | He was one of the leaders in the Canadian troops’ dash into New York State, | There he fought gallantly in the attack on Schenectady and in other battles. Returning to the North, he overpowered the Garrison of Fort Nelson on Hud+ le , Son's Bay, in October, 164, and battling against fears Bathe Exploite a) cil beat three English warships in the Bay In the Wilderness. A little later he ravaged the coast of Newfound- ont stand, capturing every English fort there, and going back to Hudson's Bay, defeated a British flotilla and carried Fort Bourbon by assault. The fame of «I! these dering conquests spread throughout America and reached France itself. Iberville's renown was established. But the only use he made of St was to seck new, more daring adventures. The Mississippi region tempted him as {t had lured so many others. Leaving his beloved Canada, he won a commission authorizing him to discover the mouth | of the Mississippl! and to colonize the territory around {t. This project was laden | with peril. Spain was strong tn the Sov So was England. Either jor both might be expected to interfere with Iberville’s audacious colonization On Jan, 81, 1699, he sailed into Mobile Bay emall force of armed seamen. ‘The tireless expli for Loutstana’s first f h colony and to establish hern waters. with 200 French colonists and a er began at once to build huts a rough form of govern- | ment. Then he discovered the Pascogoula River and the Biloxi, erected forts | against pos raids, and proceeded on his long search for the M La had ve t mouth, sailing south> | ward down the er to Its out he had promptly lost his land- marks and fai coveted sp Marquette ond Jotiet had also ed for the uncompleted Ibervil’e got his bearings with no gre the stream and built the fa Fort 1) th ud. river's outlet, bu’ © tum back with their feutly, xistir explored the of t regions about forts that Were, soon or late, to be ra 1 the ii leaving his colony safely back to Fra ies, returning with neers Iberville had | selec he moved the « | part of Alabama to <t tolled for the success le was recalled to F) ng in swam ry unt the ov in the navy, he i Rowers There, receiving high pro ig Cop ete d again to American wa Tn the name of Mi hart d the nd of Nevis, and ‘ te se off the coast of e his hitherto unbroken career uest and e: ken down by dis- Jease he died, in Hay forty-five, and | with most of hi theless left for him- | self an immor of Louisiana,” he anked as the His death was a@ terrific b! ‘al officer of erlcan suprent day, w to France's chances £ ° Minstng nombers of this series may be obtained by sending 0 cent for each number to Circulation Department, Evening World, John Henry Infests a Pieasant Musical and Literary Reception. It Was His First. With Any Sort of Luck, It Wili Be His Last By George V. Hobart. E'RE all well here with the exception that Peaches gave an onton saenger-| W fest night before last and I've been on the blink ever since. saengerfest 1s where a bunch of people gather in your parlor in the even- | ing and spill a lot of cheap songs al’ over the carpet while waiting for dinner to be announced. I don’t know just exactly where the onion comes in, but I suppose | that applies to most of the ‘An onion| getting arrested, which in their original state form the bi Lomond." s you know, Bunch Bud's system of speaking the FE: say with 4ils voice as much of a word as he can remem summer!" just as {f she were calling the da: she declined the nomination, Then Bud Hawley, after Somehow or other Uncle Gregory got on to the fact that Morty Smith had| rest with his hands. sent me a case of champagne, and long before the dinner hour Uncle Greg. com- plained of dust in the pipes. You can imagine what Bud would do to a song with an oa! | ke “Loch Lomond.” sat down on the piano st und to dinner, I think it's time | By Johnson Briscoe, @ most worthy addition to this Was born in London, Enge | NO 15—~CONSTANCE COLLIER TER, who has prove r real name bein, a Constance Hardie, Her parents, Mr, and Mrs. A, C. Hardie, were well known hi trions in thelr time 1 now slong since retired. After @ brief ‘The xperience er Kin actress wi made bh 1 Wilson Barrett in first appearance figuring it all out tha chance of his as an ad as a chorus girl in “Don Juan" 1 and mac w sad statements, at the G. ard appearingin the is of steh ballad called “Loch | gene Daly's and ta The Shop She abandoned ren ae reetai| musical comed Duke of York's , and then finish the Advocate," after je tc Bickerdyke in “The Late Mr. we rcanaetinn The years she re-joined Wilson Bar mpar in his support for two years, Piss CONSTANCE COLTR After Uncle Greg. came to the surface he marched back into the parlor and| _ When Bud barked ou: the first few bars, which say: “Ry yon bonne bank he Sign of the Cross” and “The Daughters of insisted upon singing the swan song from “Lohengrin,” but his dea of a swan| 8d by yon bonnie brae,"” you can believe me, B g bod yanithin hears Babson Ad Mer inera me aamembersac Ghosles aw. Wes 40 much like & turkey gobbler that loving friends had to put the moccasins} would have cried with joy if the plano had fallen over on Bud and flattened his S company tn 1898, being cast for Chiara in “One Summer's Day’? and Lady to him and run him out of the room. equator. re BAL t uy and) fon the two, EB agg towing this she e appeared respectively i at the Comedy Ti and with 1 he went out in putie . when he reached the plot of the pieve, where it says take the appeared r a an H Then he went out in the butler's pantry, hoping to do another splash in the) ane e Deve Tenens yee AGE PS" BAe Up RE AGB ae tee ae ary sangeet aN, market, as) Lady erred shamPaene, but net tpding ane he Benen ie peeies “Down in the Lehigh Val. | took. nb one Fins roe r nee ERM eat , b Nell of Old Drury.” Sept © Was seen the Comedy with ey me and my people grew; I was a blacksmith, cap'n; yes, and a good one, too! | to? si pstool GAUL a Bw Goodwin and Maxine Elliott as the Fireft ” ¥ 7 3 ; » aint ; CESTIAC a ASAI : 300d and Maxine ott as the yin "When We Were Twenty-Onee for iinet cain Roar PStele Aaledsm bleh) the-telah cook hee wat him win on her face, listening with a heart full of pride while her crime-laden hus- | '! His Maje and on April 3 she was Tras in "Ben Hur” at Drury Lane, ; 4 2 bier Ilse a nataniclnisaalacnatalltaveniiainarlonmanghinalivneriitauisenaciour On Oct Miss Collier re-joined Mr e's forces and, aside from After all the excitement was over and Unk Greg. was sleeping with magnifi- mand haves inet helpleea songnel over Perien end Anely ett tt ouncenns March, 1913, when she appeared at the Avenue Theatre in Richard cent noises anit sofa in the brary, your sister Jennie was coaxed to sing| U™ Ante Bee eae ncuy to ynil aie eave icnamaaetuan Gallad leven tains as he Prophecy,” she continued under the Tree management for five 8 “Good-By." ig y pi Z . - her complete list of roles being: Roma in “The Eternal City," Cy HB ; ‘ sa, 5 2 Re e Ete ity,” Calpurnia Of course you know, Bunch, we're all very fond of your sister, but I'm afraid | ##nounced and our lives were save “ ullus Caesar,” Liane d’Argenson in ‘The Gordian Kk Lady Heron in it Mr. Tosti ever heard her sing his "Good-By" he would say: “The ame to you, re's your hat.” Before Jennie married and moved West I remember she had a very pret mezzo-concertina voice, but she's been go long helping Stub Wilson to make Milt waukeee famous that nowadays her top notes sound like a cuckoo clock after t of the piano and begins to squeak “Good-by, summer! Good-by, Our $10,000,000 Battleship. H completed and ready to go into commission the North Dakota wil W represent an initial outlay of $10,000,000. spent for guns alone, married woman with six fine children, one of them at Yale, sidies | fourteen five-inch rifles at $19,000 each in the main battery, besides twelvé rapid- fire guns and minor pieces. There are ten twelve-inch guns at $65,000 each, a Nearly $1,000,000 of this will be “Flodden Field,” Millicent Durgan in “The Man Who Was,” Katusha Maslova In Resurrection," Nancy Sikes in “Oliver Twist,” Poppaea in Germaine Lechat in “Business Ja Business,” Ethel Newcombe in cleopatra in “Anthony and Cleopatra’ and the Princess Claudia in “The Red Lamy After this brillant record, Miss Collier appeared at Drury 1907, as Adulola in the Indian play, His Race,” in this country as “The Redskin," and on the follow Sept the playhouse as Lady Marion Beaumont a Lane on May 18 which was known 12 she was seen at A Flight of Fancy J & By F. G. Long same in ns of Society.” On Jan, 4, of the present year, she was again seen in Beerbohm Tree's support, play> ing Helena Landless in “The Mystery of Edwin Drood," and on Feb, 24 she made a brief appearance at the Empire Theatre, ety houses, reciting Victor Hugo's dramatle poem, it was after this that Miss Collier was en, woman with William Gillette, making her debut in this country on Oct. 9 at Rochester, N. Y., as Anne Marie Brachard in neon; appearing on Broad- way ten days later in this part at the Criterion Theatre. In private Ife Miss Collier is the wife of Julian L'Estrange, whom she married Noy. 25, 1905, he being leading man with Maxine Elliott this season and now on tour with that actress in “Phe Chaperone.” one of London's swagger varte “The Truripeter's Betrothed. wed by Charles rohman as leading Miaxing numbers of this series may be obtained by sending one cent for each number to Circulation Department, Evening World, | @ The Day’s Good Stories i On the Suspected List, | ’ A Wise Warning. NE day, after listening to a story | EN. F, D. GRANT 4s one of the r@) ticularly offensive with age. iG innumerable hosts who heve dis | Lincoln McConnell, the Georgia | covered in their travels railroads levangelist, told this: An old darkey | where a perpetual competition is being | went into @ store down in Georgla and | Maintained to find out how slow @ locos ‘asked | motive ean really go. Down South there “Ss you got any gunpowder | 18 one of these railroads, and the Geme / eral vouchsafes for the truth of the fol- lowing complaint which was addressed to the leading paper in the distriet by @ }local planter, He wrote: | ‘Is there no way to put @ stop to Bing along the line of the railroad? instance, yesterday an aged beggar with @ wooden leg k pace with the express took the powder near ja the wey from Palnt Rock to Nola : ‘ound and| Chucky and annoyed the passengers exe vefinger ground and | ceedingly, ‘The trains stould be made ries yg to to Ko faster or the beggars slower, CBee Bee Grant's story iy topped eg AE or yo} er one related by W. J. yas wh a ne lures that he found a train ou What is the matter | yisen had this uotice displayed im tee Yes we have gunpowder.” “Lemme see some cf that theah powdah,” The dealer showed him some. “Pore a Mttle of that powdal in my hand,” The oid darky the Hght, ran his around in it, lookes then sinelled it tw “And you say th . answered powder. gun- ash fguhatuily-—but i india to eo Fuamengers are seaueated, not te hea gubtfully—"but oO m bite bees done shot of befoah.”— pluck Howers while the train le im ' 4 ~ a ln