The evening world. Newspaper, October 16, 1911, Page 7

TOBACCO TRUST TELLS COURT HOW IT WILL BE SPLIT Also Asks Injunction Against Interference With Plans for “Model” Division. WANT 5 MONTHS’ TIME. Big Lawyers Make Sweeping Demand for Protection While Perfecting Deal. ‘The Tobacco Trust to-day filed its dis- integration plan in the United States Clreug Court. The Evening World on Saturday gave the details of the plan. In substance, the trust 1s split Into three companies, one the new American To- bacco Company, and the others being the Liggett & Myers Tobacco Company and the P. Lorillard Company, two con- cerns provided with new securities ag- Grewating $115,000,000. A fourth corporation, the R. noldg Tobacco Company, company, but is an old concern, which controls the manufacture of 2.66 per cent. of the smoking tobacco and 18.07 of the plug tobacco of the entire output of the country. No new securities are | dsmued in the name of the Reynolds; company. PLANS FOR “MODEL TRUST") OFF: © FOR RECORD. W. W. Fuller, Lew!s C Ledyard, De Lancey Nicoll and Junius Parker appear | ‘on the petition as counsel for the trust. A young man from *¥o, 111 Fifth the headquarters of bacco Company, Clerk John A. Shiclds of th States Circuit Court at 11 0 whieh hour the plans for the trust” were formally deposited. In conclusion, after setting forth the | plan in detail, and asking for its proval by the court, the counsel for the trust joined in asking: “That this court extend until March 1, M2, the time within which your pe- aittoners ehall carry out sald plan. “That should unforeseen diMcultios Bi $53,408,498, or a total book value of $98,432,- ¥-| Company, as an operating company, |the tobacco trade."’ 115,000,000, to be Issued 947,447,400 will be | issued against the Liggett & Myers To- bacco Company, and $17,652,001 against the P. Lorillard Company. After parting with a long list of plants and properties to each of the new com- pantes, the petition sets forth, the Am- erican Tobacco Company will’ retain brands, trade-marks, recipes and good will valued at $4,023,974 and tangible Madufanturing assets amounting to 473, which can earn annually $11,360,800, oF 11.65 per cent. Each of the two new companies will have properties of such value, ‘so that each shall have an earn. ing capacity of 11.02 per cent, per annum upon Its total property." The petition sets forth that the acceptance by the court of the plan means the establishment of a new con- dition which will be honestly in har- mony with and not repugnant to law. Here is a summary'of what the Trust says it proposes: Division of the tinfoll business into two companies. Division of the Htcorice business Into two companies Dissolution of the American Stogie company. Disintegration of the hs heed of the American Cigar Company. Division of the Snuff business into three compantes. + Divorcement of the Tobacco Trust from any interest or control over the tinfoll, Heorlce and snuff business. furrender of the trust control over the R. J. Reynolds Tobacco Company, the company manufacturing and eell- ing tobacco in the Southern States. Severance of all relations with for- elen companies. Parted with the control of the United Cigar Stores Company And finally that “the American Tobacco will be broken into three companics, each completely equipped for the to- bacco business, neither of which will own any Interest in any other, and neither of which will be dominant tn $35,000,000 MELON FOR SHARE- seme tom oh ener THE EVENING WORLD, MONDAY, OOTOBER 16, 1911. ‘WOMEN TEACHERS GOTO MAYORIN EQUAL PAY FIGHT Scores Attend Pl Public Hearing on Legislative Bill to In- crease Their Salaries. OPPOSITION THERE TOO Metz Accuses Them of Bad Faith in Raising Demand Since Battle Began. ‘The militant women school teachers who are fighting for pay equal to that of men teachers had another inning tor day when Mayor Gaynor gave @ public hearing on the legislative bill upholding thelr contention, The Board of Educa- tion, which went on record at a recent meeting In opposition to the proposed equalization, represented by several members, while scores of women school teachers, old, young and middle aged, all equal pay on Aug. %, yet the represen- tatives of the Board made no objection to the clause at that time. ‘The same clause, in varied language, has formed « part of every Equal Pay | bill since 1907, The Board now pays, in compliance with the Davis law, $2,500 to a Abdel ctl and betes to @ maie charge of a achool of at teen | twelve classes, U1 rider ‘the proposed law an assistant to a principal may be put tn charge of a school of seventeen classes. ‘The payment of 82.400 to such an assistant fs not an extravagant or unreasonable salary. The clause affects only 3% out of @ total of over 17,000 women teachers. WOULD COST HALF A MILLION MORE, BOARD SAYS. The Board of Education tak titude that the proponed increase would cost the city at least half a million dol- lar same service cannot be rendered by women as by men teachers, Herman A. Metz, in opposing the bill, declared the teachers were not abiding by original plans in ‘neisting that teachers receive $2,400 a year. They firat began their agitation | crease of $300 over the —_—_—_——. KILLED HIMSELF AFTER SLIGHT TIFF WITH WIFE. Ended Merry Evening That Ended in Quarrel. ‘The only motive suggested to-day to hard workers in the fight for equal recognition, were present when the May- or opened the proceedings. Miss Grace Strachan, President of the | Interborough Women Teachers’ Aaa | tlon, leader. in the fight, made an ad- dress which she had prepared to meet HOLDERS OF THE TRUST. ‘As wan stated In The Evening World on Saturday, the plan provides for the Immediate cutting of a $36,011,885’ melon among the stockholders of the trust. Four of these are Anthony N. Brady, Thomas F. Ryan, Peter A. B. wibenee and James B. Duke, who, with a small | group of insiders, contro! from 56 to per cent. of the stock. Refore Jan 1915, under the plan, another me the value of which ts not| be cut, known, That the preferred jto get voting rights will not be new to readers of The Evening World, nor that each holder of a $1,000 Lead aes bond will get $600 In cash cent. bonds In the new Seianies and each holder of @ $1,000 4 per cent. bond will get $480 in cash and & per cent. bonds in the new companies. Preferred tockholders are, ings for an equal amount tn the two stockholders can exchange their hold- | the opposition of the Board of Edu She explained the proposed legia- re, making these pot ovides only equal pay. The should recelve more pay ny one supervised by him or her. clause objected to by the ton was in the chi committee | The \¢ Board of F 1 Jon will | Public hearing on the section devoted to] pany were in perfect order. =| ning to accom} r ‘The wife was well enow y her husband to the | Hotel Belmont, where they had muppe ‘They got homme about 10 o'clock, and, according to Superintendent Muller of the apartment house, Mr. appeared to be in gay fterward, the trivial matter. the tiff when she heard the report of a revolver from her husband’ ‘The q@uicide’s employers that he could not ha’ ness worrles. His affairs with the com- signed as the additional annually and that the * $1,600, He said that when the | Suicide of Montigny Said to Have | account for the suicide last night of Montigny | | of large means, He was a Mystic Shrin: er and belonged to many German socie- ties, He came downtown on the subwa and got out at the Astor place station, DROPPED DEAD NEAR OFFICE. from Fingland to pat once killed an English king. reet, Victim of Heart 1 Louls Schlesinger, vice-president of the George L. Storm Company iar manu. Hoas facturers of 11 dafayette | ot street, dropped dead to-day wirtle on hi 7 Way to his office, that only wae a few doors aw He had Just turned tn from Astor place and gone half a block on Lit F URS Sheep, bullocks and ples d in the autumn and salted tte 1 he pitened forward pro- by @ surgeon from Belle: ne vu tasted fresh meat fr Fresh fish was « In the gers! old days to all but vant, ‘The gentry had thelr fish ponds, but poorer folk had to be content with salted fish ples, which were sent all over itry like pork ples at the pres- and heart trov use of death 9 West One Hundred | He ts surviv five years old inger lived at Ne and Seventh street He was fit this count BENJAMIN BENIOFF 336 Sixth Ave., ne All Cars Transfer to @ Lexington to 3d Ave. 59th to 60th St. All Our Special Sales Advertised in Sunday Papers Are on Sale To-morrow, Tuesday This Is Every One’s Opportunity! | Walters Piano Company to supply vs with 1,000 of their beautiful new | Grand Upright Pianos for $250 \ acc' PENNSYLVANIA RAILROAD SPECIAL TRAIN }OUNT Piano Delivered to Your Home on Payment of $5 | No interest for time taken in making payments. These Pianos have Improved Double Repeating Action. Guaranteed for 25 years. Extrdordinary Offer! Extraordinary jects that tt was «| eric New York. Having had so many requests to form another Piano Club, we have arranged with the $500 List Walters Puritan Concert All You Need Pay Is $5 When You Join the Club and $1 per Week No insurance and no extras; $250, that’s all. ASTIOPS Giants--Athletics World’s Championship Baseball SHIBE PARK, American League Grounds, Near i} |NORTH PHILADELPHIA STATION Wednesday, Oct. 18, 1911 Pe Iv. 10. a ‘Leave NEW YORK j fcccch’Ferminet’ "10.60 a: Me Returning, Leave North Philadeiphia 30 Minutee After Game. | | Dining Cere end Ccaohes. GAME GTARTS AT 2 P.M. 38 Express Trains to Philadelphia Every Weekday. See time table. new companies. Opportunity to be heard upon the proposed disintegration of the trust will be given to the independent tobac- co people. They have been well aolic- ited by lawyers tnxtous to oppose the plan in thelr behalf. Several of there lawyers were willing to work without pod Judge Lacombe said that before final action by the court, ample opportunity | | would be given for a thorough public Aiscussion of the plan. Surprine was expressed that the Im- perial Tobacco Compan: Great Britain | and Treland, Limited, and the United | Cigar Stores Company, both of which | were parties to the original action | brought egainet the trust by the gov- ernment. An fntervention i. their be! half, ae well as that of J.D. Richard. son Jr. & Co., would not be an unlikely HOW NEW I®8UE OF $118,000,000) curcome of thelr failure to be included WIL BE DIVIDED. in the happy tobacco family, as parties @e new securities, amounting to! to the petitio arise in the execution of said plan your Detitioners have leave to apply to the court for euch modification of the plan or other relief as maybe necessary, if FOR SLENDER FIGURES eny. “That all persons be enjoined from in @ny way interfering with the carrying out of said plan.” Ae @ reason for asking for the exten- jon of sixty dayn from the expiration aiz months from the receipt of the The mo comfortable dong corsets you ever wore, e elastic bands across the front give f such firm support that, no matter how tightly you pull the long kit in, you run no of injunng your health. No. 331 has a modish low FREE We will present free of charge to every purchaser of a piano to- morrow one of theoe beautiful We will present free of charge to every purchaser of a piano to- morrow one of these beautiful newest style music cabinets, chair New companies, issuance of new securi- tlea, preparation of bonds and trust in- demtures, conveyances, deliveries and adjustments of factory conditions. Join the Club To-Morrow and Save $250 Mr. Walters Says: Matter what price you pay for a plane you cannot poral IN'T judge a corset by its B better plano than the Waiters Puritan, | Walters Puritan Pianos con looks, f he . nest. tone epeating actions, which are known ta jor a cheap comet beat in the world. ‘The p finest cor ound a nthe bass, fhe we y pate rn ern ro { hers Dent in the worid. "th hinent coer want mirigy heen he erm pat can be “delled op” wah laces Improved. pedal tions of my own, and resonant. action. Th that are not ca ribbons to that i will look like an expensive one, will hold To-morrow, Tuesday, in their Shop for Men on the First Floor of It's a sad fact that many comet their New West Twenty-third Street Building, An Exceptiona! Sale of Men’s High Grade Furnishings At prices that cannot fail to attract immediate attention. We guarantee 5 Jn fact, they are bullt to last a lifetime, and an one of the very best’and safest piano investments in the world.” Will hold their tone longer tian any other plano ‘one buying one of these in this sale will make On cash sales we Will box and ship Pianos flea of charge to any part of the United States, $1,000 List Walters 88-Note Mastertone Player Piano Outfits, $395 Gontinrink of finest 88-Note Player Piano made, 12 rolls of music, bench and cover, $10 down and $2 chan, sary), for te oor sossen, Fe pute oo Neckwear. Other Sty les of Walters Pianos in this Great Sale || | jztc4 ie cau ‘ Regularly $2.00 shes 2 50 Regularly $1.00, 4.50 and a ] Walters $450 List aa Excelsior Biaios: $225 | Walters $650 List Style Hudson Pianos. . “$325 | a lines to the Sexy: are SS ‘ Walters $575 List Style Queensboro. $275 | Walters $1,000 List Baby Grarid Pianos... $575 ||| } ushysienic. To buy them is this club places of Light and Medium Weight Flannel, in Fancy Crochet and Accordion Four-in-Hands, ly to wie Reg money— you !n @ ponition to exc: these 2.25 Our Exchange System ange your old plano for pe Ught and dark effects, with soft turn back cufls, of pure Silk, in a large selection of desirable patterns, at 1.50 va veudie Urvilias of ceNite sft nea ee a kee, Upon eeited x tive will cath tand || spoil your shi Regularly $3.00 and 3.50 Regularly $2.50 and 3,00 Don’t Move Your Ola Piano! 2,02," May und word vou 4'new one wien yout are realy to take t | Bate ick othe Nemo—the new home when you so deatre, . w home, Select the piano now and we will delive: your name that @ands for corset- = Pajamas, Knitted Reefers, Caution. Do Not Buy 4 “asteoft or go-called “slightly used" oF “doctored” plano, Tt in like throwing your tion the world over, Fea ioe of Outing Flannels, exceptionally well made, = of pure Silk for Motor and Dress wear, people would not part with the ah " aL oe akee Gh Meee foe te ie wn fou burruchelber i Na York, in a wide range of patterns, at 95c in white, pearl, grey and two-color combinations, 5, 00 price or less, highest grade new planos that are $500 down and $1.00 @ week. sid (ean. Paris, Berlin, Hong Regularly $1.50 Regularly $9.00 to 12.00 — BI COMINGDALES'’, Lex. to3d Ave., 59th to 60th St. —_——. Kone. 0 or anywhere, ee—bear sca the Nemo trade-mar! that Night Shirts, = Suspenders, : Peak: fone toe nee of Outing Flannel, with military collar, in all sizes, at 75c of pure Silk, non-clastic, also of Lisle elastic, You probably know that Nemo 8 ? Regularly $1.00 aan with genuine calfskin ends, at 50c sets are world-famed for dur- a Regularly $1.00 ability, no less than for comfort, Coat Sweaters, Bath Robes, They're jugt as famous now for of pure Worsted, in plain gray, sizes from 36 to 44, at 2.95 of Blanket materials; small, medium and large | is PARIS, where no other Regularly $4.00 sizes, in desirable patterns, Regularly $6.00, at 4.25) (smsetican. comet) had ave ae sold, Nemos are enjoying a signal triumph in the large® and mof fashionable corset department in inet city—"Fashion's Capital.” MEN’S GLOVES Cape, P. X. M. seam, one horn clasp, spear back, tan shades, Genuine Mocha, in grey shades, one clasp, pique sewn; Paris point embroidery, ‘1.10 Regularly $1.50 palr, f Underwear, Hosiery, In LONDON, the leading Balbriggan Shirts and Drawers of best Lisle Half-hose, in plain colors, Department Store features Nemos Sea Island Cotton, medium weight, at SSC Regularly 35¢ Pair at 20 ta the practical eaclsion of Silk Half-hose, black only, Don’t this Natural Merino Shirts and Drawers, . : , on’t think that Nemos are in grey and white, medium weight,” a 85¢ Regularly $1.00 Pair st 60 amply health and comfort corsets, They're also the acme of correct Silk Half-hose, in black and colors, Six Pairs $5.00, Regularly $1.50 per pair Pair 85c Wool Shirts and Drawers, style—and there's a Nemo that silver grey, light, medium and heavy weight, 1°10 MEN'S. HANDKERCHIEFS ul 30, 1. 75, 298 | o pure Liren, with 4 and % inch hems, MEN’S UMBRELLAS of heavy Taffeta Silk, closely rolled, handles of natural wood, Regularly $4.50, at WEST TWENTY-THIRD AND TWENTY-SECOND STREETS ure Linen, with hand roidered initials, Box of Six, rae Per Doz, *2.60, 3.50 ‘2.95 Sunday World Wants Work Monday Morning Wonders. “SUNDAY WORLD (By Arrangergent with M, Witmark & Sons, Publishers.)