The evening world. Newspaper, January 2, 1914, Page 2

oe eo i i i g 4s i i i Er af ini i if i : asking that representatives Be gent to the Morgan banking howse ‘et 11.80 o'clock to Lamont, one the partners, on hour Mr. onl iz Mention is made in the announce: of the future of the Morgan firm's with the Steel Trust. ' Geclined to give the names ot e@erporations from which his firm ‘Withdrawing in the future, P. Davison, another Morgan 1 rbeped continues ag directe: ‘ané Cincinnat!, Hamilton Company and the fol- New York banke: First Na- and ite offehoot, the First Secur- ‘Wes Company, the National Bank of the Liberty National Bank the Bankers’ Trust Company. R REMAINS IN MANY COR. pemvenen Construction Com- and Cowell Publishing Company. the resignations no was made of the three Phila- members of thd house of Mor- Btotesbury, Lioyd and it resignations have not fi been decided upon, particularly an of the in which they sit ) 20t. of widespread im- excepting the coal roads and al Companies centring in Philadelphia. it of the Morgan an- the stock market was trading to a standstill, There ection for dissolution ts P. Morgan & Co.'s partictpation in ‘gemtrol of many corporations and Presence of members of the firm the boards ef directors of many concerns and powerful in- fn New York and elsewh ene‘of the principal points of TRUST REPORT SCARED MORGAN PARTNERS. voting trusts of the Guaranty Company and the Bankers’ Trust y of New York, of which mem- finally flied instead of being settled out of dourt, as promises tbe the case, THE wags woneane co. | HOW THE ENDLESS i tl p E i sil Hl Hus ay li of Pe vestigation several bills aimed at inter- locking directorates were framed. The Senate Co nmittee, which conducted an extended investigation of the trust situa- tion upon ita own account, considered bills which included inhibitions against interlocking directorates and even the Administration Currency bill recently enacted into faw Was threatened with amendments to that effect, though the Measure got through both houses with- out them, » Several bills now pending before the House Jud ry Committee which will serve as @ partial groundwork at least for the projected trust legislation of the present Congress contain, provi- sions against the so-called “interlock: ing control” of corporatt Secretary Redfield of the Department of Commerce in his annual report recommended legisiation against it. President Wilson's views upon that Phase of the question, according to rel: derstood that the President's views were communicated in a measure to “big business” through Attorneyen- eral MoReynolds, who conducted the telephone case negotiations and was ‘Trust, | Reartily commended by President Wil son on the result, MORGAN FIRM MEMBERS DE- FENDANTS IN: SUITS. Individual members and directors the Morgan firm and some former mem- bers are defendants in Government suits binations under the Sherman law. No- table among them are the sults against ne United States Steel Corporation, International Harvester Com any Haven also directora if it ie WHAT THE MORGAN FIRM CON. TROLLED. Members of the 61d Money Trust Cot EE PET le it rH rt also found that J. P. Mor- had two of the three voting trustees of the Guaranty Trust Company of New York and one of the three voting trustees of the Bankers’ Trust Compan: of Now York (until George W. Perkit retired); one of the three voting trus- es of the Chicago Great Ws 3 two of the five voting trustees of Ia- ternational Mercantile Marine Com- pired voting tr International Northern Pacific, Reading Company and Erie Rrallroad, ACTION MAY DELAY FURTHER WORK OF CONGRESS. News of the voluntary relinquishment of directorships created profound eur- prise in Congressional circles. Many id Representatives believed ‘ken by the Morgan 0 the effect of delaying 7 work by Congyees. Others in- sted that legislation will be passed nt sersion to prohibit inter- ctorates. ¥ and othere who have been weperation of propesed an- Louis Brandeis Shows Up IT PASSES ALL ALONG. Morgan Firm “Banker Direct- Louls Brandeis, printed recently in Har- Former Brigané Named by of by the public are being |Constipat Quickly Relieved Ex-Lax, the Sweet Chocolate Laxa- tive, Cleanses the System Without Pain or Griping. Es-Las is a new-idea physic, o de- licious chocolate laxative. It stops mn Clayton of the House Committee, Chairman New- he Senate Interstate Com- ittee, Representative Reb- ca DIRECTORS CHAIN REAPS Bi PROFIT System of Interlocking Control of Concerns. ors” in Biggest Corpora- tions in the Country. How the endiess chain of interlocking Olrectorates has worked ‘to the profit ot the house of Morgan is etrikingly ex- “ied in the following articles *by ample will illustrate the f control—the endless cha.n—through whioh our financial oli- garchy operates, “t. P. Morgan (or @ partner) a Girector of the New New Hi and Hartford Ratiroad, causes that com- pany to sell J. P. Morgan & Company an issue of bonds, J. P. Morgan & Company borrow the money with which to pay for the bonds from the Guaranty Trust Company, of which Morgen (or a partner) is @ di- ‘gan & Company aell the Penn Mutual Life Insur- ance Company, ¢f which Mr. Morgan (or a partner) is a director, “The New Haven spends the pro- ceeds of the bonds in purchasing steel from the United States 6teel Cor- poration, of which Mr. Morgan (or a partner) is a director. STSEL TRUST SIMPLY PASSES PROFITS ALONG. “Tne United States Steel Corporation wpenda the proceeds of the rails in pur- chasing electrical supplies from the General Kleotric Company, of which Mr. Morgan (or @ partner) is a direc- tor, The General Wiectric Company sella supplies to the Western Union Telegraph Company, a subsidiary of an (or @ partner) is a director. “The telegraph company has a gpe- clal wire coutract with the Reading, of which Mr, Morgan (or a partner) is @ director, The Reading buys ite pas- senger cara from the Pullman Company, of which Mr. Morgan (of @ partner) is a director. “The Pullman ways, for local use, lovometives trgtn tas Baldwin Leco- Pullman, buy locomotives from thé Bald- win Company, “The Steel Corporation, the Telephon Company, the New Haven, the Readin; the Pullman and the Bakiwin Company, the Western Union, buy electrical ipplies from the General Blectric. ‘The Baldwin, the Pullman, the Reading, the Telephone, the Telegraph General Electric Companies, lke the New Haven, buy steel products from the Steel Corporation, “Each and every one of the companies last named markets its eecurities through J. P, Morgan & Co, and with these funds of each the firm enters upon further operations.” pre la saa OO PROCLAIM RAISULI SULTAN. woas ef Morecee. TANGIER, Morocco, Jan, 2—It was reported here that Ratsull, the former Moorish brigand, had bee proclaimed Sultan of Morocco by his partisans in the interior who had decided to con- tl the war at ail coste against the European invaders of thelr country. = ti-trust lawa are not now in Washing- ton, “The evils that have been complained Fecognized by the business interests,” said Sénator Hoke Smith, Democrat, and" this is clear evidence that readjustments can be made peaceably and that litigation will not be required to enforce to be encouraged by the general inter- eats of the country,” Senator Hitchcock, also a Democrat, 414 not believe the action of the Morgan firm would have any effect toward de- laying legistation in Congress. “MH they have retired from their many directorates they are to be com- mended,” he sald, ‘but the fact remains that the Morgan firm hes been one of the worst offenders in this respect. Its exploitations of the New Haven Rail- road amounted to a scandal.” THREE SHOTS END FIGHT |S AND ONE MAN LIES LOW Police Get Ejected Lodger Who men Coffey ana Carroll of the East Fifty-firet street station running to the tenement at No. 314 East Forty-fitti street this afernoon. On the sidewalk | of the shooting. lay Gluseppi Orero, shot through the abdomen, and over him bent his broth- er Francesco. Salvatore Nicosia, who lodged with the brothers at No, 341, was running down the street waving @ revolver, disarmed him while Francesco and neighbors got Giuseppi into hie home. Twelve-year-old Helen McLoughlin o1 No, 323 Fast Forty-fifth street, who)” had seen the shooting, ran to the ata- tion house and gave the alarm. De- tectives Gegan, McKenna and Ditech hurried out. prisoner inside and Giusepp! had identi- flela him as the man who shot him. A crowd had gathered round the house, and when the policemen emerged with Nicosia they closed in on them, intent on getting the prisoner away and beat- ing him, } drew their revolvers and held off the crowd while an ambi ce was called from Flower Hospital. Orero was taken there in serious condition. Nicozia was locked up. The detectives learned that the brothers had told their lodger that </ EVENING WORLD, FRIDAY, JANUARY 2, 1914, New Commissioner of Correction, Katherine B. Davis, at Her _ Hold Crowd Back. ‘Three revolver shots brought Police- Coffey and Carroll grabbed him and Coffey and Carroll had taken their The policemen and the detectives didn’t want him any longer, and a the rooms which polities M’DONALD WANTS TO TESTIFY Ex-Alderman Seeks a Chance (o “Deny Gratt story. John J. McDonald, former Tammany Alderman from the Twenty-third As- sembly District, who it is alleged was named before the Grand Jury last Tues- day messenger who advised James O, Winston, an unsuccessful bidder for the Hudson River siphon contract on the Catskill Aqueduct, to see a certain politician if he wanted to land the con- tract, has uested District-Attorney Viret was her astounding famfiarity with the work and the ease with which she fitted into her gew position. : tedly to Mr. jan fa appoin' ou are right; I} There were hundreds of ethera already considered the matter. It Up before the Board of Alder- ‘WOMAN OFFICIAL FAMILIAR WITH JOB ON HER FIRST DAY Miss Katherine B. Davis, Cor- rection Commissioner, Drives Ahead at Once. recomendations, But this was not official, for Miss ter that she intended to Make no comparisons betwen this city and others and would make no stat ment of plans and policies for the future positions. until she had acquainted herself with “Please, don’t think,” continued it 1 have to say on that score,” Oe Oe erie ee aoe ‘We that I shall be busy learning | St her eile “that my being e Ite’ work for the next fow month, I |e anything shall make « point firet of getting ac- quainted with the machinery of the of- fice and the employees. ° WER PRIVATE SECREARY FROM EOPORD HOUSE, TOO. “I am ringing in a new private sec- retary, Miss Emma C. Finn, who has already peen associated with me at the The new secretary for » however, will be g man who.n I cannot name at present.” Asi from these otanges, the present em- Dloyees will all fold their jobs. I am not a politician and I am not going to oust anybody until I find out a reason A pleasant and busin dressed in a di walked briskly into ¢ Department of Correction, No. ; Twentieth street, at quarter after nine this morning. an hour she, who was none other than Miss Katherine B. Davis, new Commis- sioner of Corrections, had personally with the outgoing Commissioner, © rick A. Whitney, and the former Depu- | ty, William J, Wright, examined a re- port embodying recommendations made | by the former Commisstoner, met and talked with*all the members of the press, posed several times for pictures, and then wound up these little pleasan- tures by pinning a Killarney rose on the coat lapel of the former Commis- ettled down at her When esked tf he had anything to pout the department, Miss Davis I have one thing to say, As Miss Davie—Dr. Divis, if you like for she has a Ph, D. from the Uni sity of Chicago—talked with report | her background | ered with statistic n the alm of my life to seo Miss Davis in her present posi- , Jan. 2.—Brooding over the acts of her aon, Henry Rokow- | - 4, aki, who last Sunday, at West Home. | '** Stet. shot one man dena and wounded Fi if two other persons so they have sin Fired, and, With Revolvers, othe See gt ae ce threw herself in front of suburban town. Sh ‘Mr. Lewis has had practical experi- ence as examiner of the executive staff 4 and under Mayor Migchel"— At all druggists’ or by m: “Miss Davis has hi nd charm fitte plendidiy. Slight. je eyes that kindle, a melts from firmnes: a dozen times while is help one to form yn whom Mayor pound of effictency the new commission died, a picture of the wi Mitchell has appointed Commisstoner of “We rejolee with the ppointment and mourn It was signed “Beth having been seen in the vi ee eens en ore VID struck an observer ‘here is no doubt about it,” she wi Ovetheart saying at another tim must be built over from the bottom ups to " Mrs. we are away behing other cities in these | Young” gaserint will gladly study your | schools, marched ce appointment.” employee in the offic mented Mary E, To TONSILITIS . —Uss— avalanche of comp'iments THOMPSON'S TONSILITIS GARGLE A guaranteed quick remed: more practical Good Bye to Hard Work!. Whitman to allow him to appear be- Grand Jury for the purpose of of immunity or any other document thi will enable him to appear before t! Grand Jury. Mr. Whitman and his as- ants, John Kirkland Clark and Wil fam Dean Embree, will present the r quest to Supreme Court Justice Vernon a the members of the Grand allowing McDonald to ap- Mise Jeanette K. member of the chorus of t! the Appellate Division of the Supreme Count to-day @ judgment of 62,908 for injuries received on Jan. 7, 1906, WINDSOR, Vt., Jan. 2.—Arthur Bos- worth was hanged at the State Prison In future the death the gibbet. joves the bowels without fail. Ez-Laz is modern, something scientific lieves these troubles sufeiy, without inconvenience We Stromattect Few people csca| e necessit, A occa sional cleerta out of the’: nd when you feel you mu: Ex-Lax will pro medical d. Ex-Lax is safe, mild and certain—tor better than all other cathartics. Keep this vicnsans tanta remedy im the Good heclth. Price, 100,450 and Sey ot all druggiots'. _ —~ CLEANSER is given a certificate with a cash value of 10 per cent. of the purchase price, or ex- changeable for valuable premiums. at Holyoke College, where I got LL T also knew a number of fe since been elected to do with my having got this position. I am, to be sure, & suffragiet, but I have never had to be actively engaged in suffrage work. If, as I have been told, my appointment will help the suffrage cause, Iam glad of it, but-!t has nothing to do with my In the rush of her duties Miss Davi found time to say something to cact She compli- her, who has been employed in the same position for twenty-nine years, lefgth of her service. Mise Magistrate MoAdoo on the subject of the House of Detention for women. —_—_—_—_—_—_— ee FOR SORE THROAT and |! THOMPSON CHEMICAL CO..23 Demet LY The competition ended in contusion| ol fsoatad end correct ef} ‘Whereupon Miss Davie tackled a vn GQROUDS aia , 1914 Art Calendar FREE with Next Sunday’s World. 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