The evening world. Newspaper, October 3, 1911, Page 16

ees ‘18! TESTIFIES ABOUT UNION BANK DEALS jiasilpiionine Declares He Did Not Draw Agreement to Purchase the People’s Concern. EXPLAINS A BIG TRADE. Real Estate Transaction in Which He Figured With David A. Sullivan. Paul Grout, a brother of Eawant M Grout, President of the Union Bank, was the star witness to-day In the In aquiry under way before Deputy Bank Superintendent Dodge, Mr. Grout was questioned ae to his knowledge of events connected with the purchase by the Mechanics’ and Traders’ Bank of the People’s Bank for $510,000 in 1906, It has been shown that the People's Bank was worth only $500,000 at its own valua tion. A witness had stated that he thought Pais! Grout drew up the agreement be tween the two banks that brought about the say. Mr. Grout denied this to-day and was able to show that he did not tycame counsel to the Mechanic's and Traders’ Bank until four days after the transfer to that institution of the Peo- ple's Bank had been effected “The agreement had already been drawn when I first knew of the con- templated purchase and sale,” sald Mr, a “T knew nothing at all about the price that had been agreed upon, or whether t was a just price, The agree- ment was handed to me, and T was asked to draw up the necessary papers relating to the transfer for transmission to the Secretary of State. Afterward T attended a meeting of the stockholders of both banks. “At that time I did not know that the Mechanics and Traders’ Bank was to pay $46 a share for stock of the Peo- ple's Bank mentioned was $870 a share." EXPLAINS A REAL ESTATE DEAL WITH DAVID A. SULLIVAN, Mr. Grout, at the invitation of Mr. Cropsey, elucidated » deal in real estate in which he figured in association with David A. Sullivan, president of the Me- chanics and Traders’ Bank. In this, it would appear, Sullivan paid Mr. Grout an apparent profit of $776 for the pur- pose of making him think he was en- gaging in a legitimate transaction, when in reality he Was Innocently helping Sullivan along in one of his Ingentous aillvan asked me,” #aid the wit- ness, “if I didn't want to make some money in a real estate deal, I had every confidence in him and told tm 1 would go in with him, He said he knew of a piece of property at Watkins street and Pitkin avenue that could be bought | for $19,000 and carried a mortgage of $10,000 and fold at a profit. He ex- plained that I could put up notes for my share and {t wouldn't really be expens- ive. My share was $4,650, “Sullivan put notes in the bank for that amount and drew against i also had a $4,60 interest 1 the property for $21,800. He advised me to transfer my interest to Tom Don- aot whom I recommended, held by the purcha: ne deed, I t Donnelly, nenly Informed that tt my profit was in the bank sold and that th fad been char SAYS HE HEARD HILDRETH WAS A SULLIVAN DUMMY. “Did you know who the holder of the property was? asked Mr, Cropsey “Joseph D. Hildreth was the name," replied Mr. Grout, “but I learned after | the k that Hildreth was merely a dummy for Sullivan.” “Did you know that Donnelly, while eld possession of the property for! and Sullivan, mortgaged it for 4 Mr nk closed Grout, “not until aid T know losed that Don-| perty at all orrowed th bank these subsidiary corpora ntinued. d is Knowledge of the affairs of| the Me anics and Traders’ Rank at! the time It was merged Into the Tn Bank, Mr Derts tc Mechanics reported to ment. Ont of its own Department, ret 1 Traders tey, had assets ities of $1,900,000 Cropsey, apoctal yrted that the Mec Bank, the over and above ‘ounsel t against four defunct Chicago rally known as a s8 man, isn't he? nething I wish thunde eto tell nows perfect wihen you tell hi tempting you to repegt i gets to hating your wife.” why a well that # The only price 1 heard | % |and worrled Ja lead bail promptly fell GETS BIGGER AS FOR THE LOVE OF = hte FLOUR PRICE SES TB-YEAROLD Gi sarees. | Downtrod on East Side Have to Stand Boost in Price of Breakfast. The high prices of flour, milk and sugar have brought about a rise in the cost of a typical east side breakfast, isting doughnut repant fn cup of coffee and a large standard tax for this Was up to two days ago three cents per portion, Sugar and milk went up. up. The rests stave off an inc Flour went people tried to se in the tax on their customers by enlarging the hole ia the doughnut. Still the margin of profit was too small, and now the price of a breakfast is four cents—three cents for the coffee and a cent for the dough. nut, which Is rapidly approaching the appearance and dimensions of @ bracelet This increase tn the price of break- fast in the cheap coffee houses east of the Bowe north of Brooklyn ridge has much excitement advance y have to make are figuring on making and a doughnut tf the consumer there- of refrains from using milk or sugar “Next thing,” sald an cant aide coffee house proprietor to-day, “we must begin making motsaths with figures of ele- phants and the Statue of Liberty and other large objects punched out of the middle of Pinal STATENISLANDER FINDS PERPETUAL MOTIONIN CLOCK Friederich and exhibited Interested pe’ Bamgerter of Staten Isl- to his friends and oth ons to-day a contrivance which he sald embodied the princtple of perpetual motion, in .seeking for which men have beggared themselves themselves into Insanity for hundreds of years Mr. Bamgertwer's perpetual motion machine is a clock, The back of the clock is formed of # of over 3,000 feet of zinc wire, Every silght change of temperature-and there is no. su thing as an absolutely permanent tem- perature—causes ghe wire to expand or contract, Every perceptible change tn the con- dition of the wires causes a lead ball to fall into a wheel and supplies motive | power for the clock machinery for eight hours, which ts sulficient to restore the ball to position to be dropped again. To a doubting Evening World reporter | who did not profess to know much about the power to be gained from the ex- | pansion and contraction of metals, Mr. Hamgerter made a demonstration. He opened the door of the room in which the clock stands. With «a tny thump Into its socket in the wheel. Mr. Ramgerter pointed out that there were wixty of those balls @nd that it was impossible that ald not be | perature tr eight hours not to mua Jleast one of them drop. Mr. £ rter is a very rational look ing ma Swiss descent life nd d a watchmaker y-two gave inver mean nand a mechan Htnlke, He has rt nat wh temper ture ‘ r reached 120 de srees Farenheit a ns on ap auto: prinkler at 190 dearece, ‘| “GEORGE” FALLS TO DEATH. in Wasiin t f » Broadwa 4 One Hundred and Sixty-elghth 4 aracter Brooklyn Youth Ge Gazes at Her! vert aro. Pars Photograph as He Sends Dorothy ts mise Your Boy,” Halts Him— He Gov Even by Causiig, jShacnen hecave aaoee Bullets Into His Brain. re ene ree Weeps Over Body His Removal. re "to elect a _ it he boy was terri. | ——_—--— ———-—__ dep f Sb z SHED AT HIM.) sverterday morning,” ran on Ste dead behind him, Perey G truck] to A len, proprietor of the we met in the ge) THE sases WORLD, TUESDAY, OCTOBER 8, 1911.7" tA GROUT'S BROTHER —HOLEIN DOUGHNUT BOYOF 17 SUICIDE Rat aie “2 TRUCKMIAN KILLS |GRESSER A VICTIM = ONIN IGNORANCE t like they sa | Hid not help la | Friend’s Cry, “You've Crushed make I noticed that a phe Flushing movement {ariver, ar of the) mes, started eon in ign arly fone ‘ nd Ihe wag stopped by @ friend | ] . J of had disapp i 4 once | tragedy un Sister of Dorothy Kane Only) °{)'i nad tad and asf | who ran after him crying, “Stop! you've|ticlans” had ca | r ad § former Borough oe ree treasured jt myself [ determined to go| killed your boy.” X a t ens The Thankful Lad Didn't Kill | his home und get It ‘The, tragedy cocurred Jo front of No | U38et > - 1 got over to the slaw home Just in| 42 West Forty-elghth street at noon soak Mt Sweetheart Too, time to learn that Eason had Killed | today. Greeley lives above No. 412. The sins as os enue A i gebirlnd Shaws ground tloor ts occupied by Frank Ward's] for the bo and his sister, Anita, f * | blacksmith and contracting business, by Sixteen-year-old Dorothy Kane, alittle| #0 stu 1 by gedy that they} : brown-wyed beauty who b es she hag| could not Fina 1 learned from | Whom Gt is employed as a driver.| honest th » abil ee) them that the boy had had that photo- | He was starting out with a load of iron he artistic ability to make her a great | graph of pthy in his 1 when he| and tin. actress, admitted wistfully but with-| Kijed himself. He ploced th evolver| Little Arthur Greeley, three years out tears to-day that she had uncon-| yy pis mouth and Was probably looking | nis 1 2 old, was rolling a hoop along the side- “ po coey auaenen. tie svete tyr Musee) (Blue wieeone cre ne led: Wis | aie, Just an the druok started: the | - Covernment Shaw's suicide yesterday in his home| trigcer. maw ty the wi hoop rolled into the street. The boy| ‘ at No, 115 Seventy-Fifth Strvet, Brook. | Mrs. Shaw ts the widow of @ wealthy | MOP Mr. Gresser, lyn months morbidly passio rothy lives at No. 7 I avenue, tage he when he camys ¢ take the presidency of the nese College, wh Tribune In the presence of her mother and married sonm, the young girl told to-day of her acquaintance boy and of how she had laughed at his her arden “Of course, I didn't think he waa wert-/to one-hour stands because of the Making Progress. ous,” exclaimed the girl with a tragic| colder weather. (Prom the Pittsburg Post.) geature, “Ir he had been the only boy | During summer the men on Axed post | «neginning to feel somewhat at home t to talk that way It would have been | were ed every two hours. Until lin society?! ay. different. next summer they will be relleved every | “yas, indeed,” replied Mr. Nurttch. | ‘ “I Uked Edson very much. He was hour, The new omer goes Into effect at) At the dinner last night I even ven-| have succeeded. ll o'clock to-night tured to emit a small epligra: The killed hi photograph of bod tae. merenteet Brook) stanhaitan merchant. She moved to|Fan after it, directly in the path of the} man honesty, Brookiyn with her two children shortly | horses. He was knocked down. His If holding before his eves @) grey hor husband's death, Last spring | head caught between tho front wheel the girl who In tWo the poy was graduated from High! and the curb and was crushed. conceded had transformed him into a genool and decided to go into business. | ¢ ley drove on, not having noticed 6 love He was employed by an insurance accident. He Was atopred ey |) OF Sttoes n- | the when he ng in the army weeks until two to talk of enlistl Dyker Holghte 2 Ral pany ‘Thomas Shanks, No. 687 Eleventh ave- yker Heights, a han -| bexan ; = : Span r father rented two months ago and gave up his Job. He had never men. | MUer Who with eercatae emecy cients from Baltimore to! toned his love affair to his mother or| ley rushed back, and, picking up his Drake Busl- | sister. |hoy's body, cried over it until a po- ch has its offices tn the on Hiceman arrived and tok him to the SHORTER FIXED POST TIME, | West Forty-seventh street station, | was released, Poltce Commissto' succeeded in Building He] it. ‘The mother of the dead boy became a mother for the fifth time three days re ago, and {s confined to her bed. She has not been told of the death of her son. sister, Mrs. Carrie Par- Reduces It to that the with the good looking Commissioner Waldo Issued an order i the fixed post detail, declar of love day shortenin nn Are You Careful in Buying Beer OU drink water only to quench your thirst—you drink other beverages to quench your thirst and because they taste good. But they must be clean, pure and whole- some. Do you know that the beer you buy for your family is a clean, heal healthful, wholesome product? You can be absolutely sure if you insist upon your dealer delivering to you “The one best beer in the world” They Got Even by Causing | « ay declared that a President G Mayor's Sholes recommending Mr. Borough President is at hand I fear I can do nothing to ald the people of Queens to have a proper selection made. 1 have no vote in the matter, and as you know my influence with those who have been engaged in corrupt in Queens County in years gone by amounts to nothing. with his rugged Ger: has been turned out, and I fear the result to your bor. ough is to be lamentable, that he was honest, he was turned out on some standard You could turn almost anybody out of office in that way. At the beginning of my administra- tion Mr. Gresser disclosed to me the corrupt condition to wh asked me to heip him to get rid of I worked with him, and the Com- missioner of Accounts made a com- plete investigation. The result was | heads of the departments, from top to bottom, and others, were put out, and honest men selected by t citizens of the borough put Jr place, and in that way we ed the government of Queens ough to strict honesty. sult was that those who were turned and corrupt politicians gener- made a movement to have Mr. Gresser turned out of office, and they T shall always regret that T ever the iit trom Mee, Very truly yours, GAYNOR. Whose selection was urged SAS THE MAYOR — of Queens, CONNOLLY “SURE OF GRESSER’S completed to elect elect Magistrate Connoll Alderman ‘corrupt poll- who ts a) the remova! of and myself were already | ¢ Bledged Magistrate Connolly, Had} of the Ma: we would letter a8 have proceeded with the vote. But the Mayor desired to acquaint himself more | Your letter ot [thoroughly with the legal details, When Pople had anything to do with helping Mr good work we did movement which ousted in the di- Associa- JOB. | Alderman Alexander Dujat of Queens, Interview with Mayor Gaynor, 1 to-day that arrangements had been | Magistrate Maurice of Queens! Alderinen from the | in the | successor | . Alderman Dujat “when Ottice yest we meet to-morrow Maurice B nolly will be elected, He t Jent man and the Mayor will no it necessary to make apvulogice him.” “DOCTORS OF THE MASSES” proprietary medicines. Good, honest masses are blessed by them, while those which are worthless man. | Alderman | female ills Compound. borough 23rd Street It was | but | ch he had County, and The ree Portieres ty stuffs. Blankets. square design. Per Case You have your choice Bohemian Brand (Light) or Doppel Brau (Dark). Why pay the same price for beer not so good? Any brewer can buy good materials if he will pay the price, but money will not buy the scientific knowledge, practical exper- ience and brains that have perfected the Pabst exclusive process of malting and brewing. It’s this “know how’’ developed through 60 years of patient study and deepest scientific research in the art of brewing together with the use of the best ingredients only that makes Pabst Beer the best beer brewed. No other beer ies such a delightful tonic tang of the hops with- out an excessive bitter, It is mild and smooth yet sparkling with zest because fully aged and mellow. For Sale by All Grocers and Wine and Liquor Dealers 23rd Street | JAMES McGREERY & CO. UPHOLSTERY DEP’TS. of printed French Renaissance and Oriental designs, reversible. BLANKET DEP’TS. Comfortables, cotton filled.. HOUSEHOLD LINENS. 2x24 yards 214x214 yards. . ORIENTAL RUGS, ‘urses are filled---nearts 1 By the timely use of aWorldWant Ad 34th Street | 54 YEARS OF GROWTH IN MERCHANDISING ATTRACTIVE PRICES On Wednesday and Thursday, October the 4th and 5th In Both Stores. Portieres of Renaissance Silk Velou., various designs and color combinations. 15.00 and 19.50 pair value 31.00 to 40.00 French Jute Velour, 22.50 and 25.00 pair values 35.00 and 36.00 Fine Drapery Materials—Silk Armure, Satin and Moire Damask and many novel- 1.50, 2.00 and 4.75 per yard value 2.25 to 8.50 In Both Stores, 1,000 pairs of White California Wool Full size. 3-75 and 5.00 pair values 4.75 and 6.50 Ba one) value 4.00 Comfortables, wool filled...........6.50 value 8.00 In Both Stores, Satin Damask Tablecloths, round or 2x2 yards.......2.75, 3.50 and 6.50 each values 3.50, 4.50 and 8.25 + +3.50, 4.50 and 8.00 each values 4.50, 5.50 and 10.25 . 4.50, 6.00 and 10.50 each values 5.50, 7.00 and 13.28 Napkins to match. Dinner size.....4.00, 5.50 and 9.50 dozen values 5.00, 7.00 and 11.75 In Both Stores, | xtra quality Persian Serapi in rich cuiurs, Complete range of sizes from 9x12 ft. to 10 ft. 6 in.x13 ft. 6 in. 150.00 to 185.00 value 225,00 and 285.00 Extra quality Kurdistan and Iran weaves. Average size 5x8 ft. 40.00 value 60.00 Fereghan and Mosul weaves. Average | size 4 ft. 2 in. x 7 ft. 6 in. 25.00 value’ 35.00 JAMFS McGREERY & CO. 34th Street made glad an excel: is What one writer has termed’ proprietary medicines, like Lydia E. Pink- ham's Vegetable Compound, succeed, and the homes of the or harmful soon drop out. Thir- lay’ $ty years of success in curing is the record of Lydia E. Pinkham's Vegetable