The evening world. Newspaper, January 29, 1914, Page 2

thown to tie bank had Up offices and news agencies and the Department to spread ‘there Was & run on iit HI : i i ek i 8 { ay ff “BS i i tn g iz i § f Hi iil i ul Ti 8 i z 4 z i ! it g Z $ 3 5 E as : 2 Ne HA vil it i rf & it t : itt? if i | i i § i afbEtt oe Hi A elt gitiy33 ue 5 ES $ 8 Se 2 ft - * ef Fst aia CPAER CONCEALED BALANCES FROM Cashier Says Vogel Told Him to Keep Figures From ° Head Partner. GIMBEL A_ WITNESS. Favors State Control of Private Banks—Morgan Partner 2 i : g i a4 s i z E iit z § a if be exact. He volunteered nothing and Senator Pollock and Daniel P. Hays, counsel to the committee, drew from him every statement he made. | s g Hl SEE ieee 4 RING Wo 't re for it. He didn't recall that the interest had been paid either, though the note ran for more than ear. Q. Were any of these | to the Siegel stores secured by col- lateral? A. Oh, yes, sir, 1 learned later that they were. Q. But you did not know it at the time? A. No, sir, @. How did you learn it? A. Well, Mr. Vogel handed me an envelope a short time before the fallure (the wit- ness would not fix the date closer than @ week or perhaps ten days) and told me to put it ih the safe. t put it with the Butler note and the other notes in connection with loans to the stores and « few days later I opened ie ROT COLLATERAL DEPOSITED AS SECURITY. GIMBEL DOESN'T LEND MONEY TO HiMOELF. “Do you allow interest,” he in- “Then you would not object to be- ing placed under such juriadiction?” “I would not. I believe in it.” PARTNER SPEAKS FOR J. P, , MORGAN & CO. ‘When Mr. Gimbel was excused, ‘William H, Porter, a partnor in J. P. Morgan & Co., was called. Mr. Hays asked: feon, Arthur E. Newburg, Thomas W. Lamont, Temple P. Bowdoin, Willam @. Hamiiton and Horatio G. “Do you do « general banking busl- . | Bess?” MENT FROM GIRGEL. “The names of the stores were not used. We weed numbers instead,” tes. tifled Champion. “Bo that tho effeet was to make it @ cipher, something that none other than Mr. Vogel could read?” asked “Well, yes, sir, a general business.” He said the principal business of his firm now was buying and selling bonds. “Tell us what class your depositors are,” suggested Mr. Hayes. “ “They are generally big corporations and firms abroad who come to up voluntarily and offer us their busi- ness." “How about private depositors?” they are men of wealth who jonally invest and who like to have funds of hand with us” ‘What is the average you have thelr ‘on deposit?” ft “Oh, I could not say offhand.” “How about individual accounts?" “Well, we have some of $5,000 or $10,000, but most are much larger, of course,” “Do you pay interest?" “Yes, air.” ‘At what rate?” “Well, we pay 3 per cent. on cur- Fent accounts and 8 per cent, on what ‘we call time accounts.” MORGAN @ CO. WOULDN'T LIKE STATE CONTROL. “Do you know of any reason why & private banker of the clase of J. P, Morgan should not be put under the Jurisdiction of the Banking Depart- bent?” “1 do, I do not think we do busi- ness with the kind of depositors which the committee is trying protect by law.” ’ ‘ Mr. Porter made it very cléar that while he thought State control was Morgan & Co,, Kuhn, Loeb & Co., and others should not be disturbed. toate wved 5 NEW YORKER WHO | TELES BY WIRBLESS OF WRECK OF YACHT. ») FP. W. VANDERBILT SET THEATRE ARE, SENT-BOMB TO KILL GIRL HE WANTED (Continued from First Page.) easy money and we fell for it. Us three undertook the job. JANITOR OF MOVIES THEM AWAY. “We went up to where the girl lived and began to nose about. Pe- carro lived on the fourth floor of No. 170 East Houston street, and before going to the house we went into the yard of the moving picture theatre, ‘While there ‘Joe and Wop’ saw and, no doubt thinking that we in- tended to rob some one, got a crowd together and chased us out, “When Feported this to Fay be, got wild. settle that butter-in,’ he yelled, and right then and there ft was agreed to burn down the theatre. The following night we met Fay and carrying cans of kerogene and bensine we got into the theatre, smeared the seats and floor with the atuff. Fay put a match to a news- Paper, lit it and we all CHASED @ bomb and told us to take it up old man Pecarro's and blow the working man and earned $17 a as driver for a dairy at No, 389 ‘Twelfth street. He had never set @ bomb tm his life, he said. DOUGHERTY AND NEWBURGER QUIT AS MAY'S ADES (Continued from First Page) Mr. Bruere on stationery from thi ‘Mayor's office and sent to Commis- sioner McKay a few days Mr. Newburger’s friends, following his reappointment by Commissioner McKay, were deluded into the belict that he would be retained in the Police Department. It was common report on the east side that Mr, Newburger expected to remain in the Department. The request for his resignation came to him as a painful surprise, It t# understood in the Police De- partment that Dougherty would have been willing to remain im the office of Second Deputy had be been guar- anteed the right to select his own men for the Detective Bureau end permitted to make his own promo- ‘This privilege will not be granted to Dougherty’s successor, “I am going into the private de- tective business with my brother, Harry V. Dougherty, at No. 8} Broad. way,” said the Becond Deputy Com, missioner to-day. ts BILL WOULD OUST DELANEY. Assembly Measare Aime te Abolish Setictency Department, ALBANY, Jan. 29.—Abolition ef the State Department of Efficiency and Keoonemy js epyght in a hill introduced to-day by Assemblyman Thorn, a Re- publican. The bilf would become effec- tive immediately uyon its passage. ‘This move Was not the one genorally | Ni BLD, TRURSDAY, JANUAR VANDERBILT TELLS BY WIRELESS OWN ‘STATE OFFICIALS QUESTIONED ABOUT | TELEPHONE TRUST AGREES TD FULL You Don’t Ha To. Apologize For.a STORY OF WRECK CAMA CNTRATS, PLANT VALATN Says His Yacht Grounded at 5|Stewart Bids Taken Up, but! wit Pay $200,000 for Report A. M, on Jan.:26, and He and Party in Peril 22 Hours. WERE SAVED AT NIGHT. Warrior Is To-Day Reported Pounding on Beach and Crew Still Aboard, in Peril. . “At 8 o'clock on the morning of the $7th, the steamer Almirante Stewart Himself Is Tem- porarily Excused. The session of the Grand Jury in- vestigating contract graft was taken up this afternoon with investigation of the letting of contracts Nos. T1A ‘and 72A on the Barge Canal in Jan- wary, 1918. These are the two famous Btewart contracts. James C. Stewart put in bids for the Jobs late in 1918. Boon after the bide were in he was visited by a man call- fag Bimeelf James E. Gaffney, who Gemanded § per cent., or $150,000, of the total amount of the two con- tracte—approximately $3,000,000. Mr. Gtewart has not said that his caller him before the Grand Jury and ques- tion him on that point tiie afternoon. However, half a Gesen former and Dresent members of the Cana! Board, who had been invited by Mr. Whit- man to tell the Grand Jury all about what happened to Mr. Stewart's bids, ppeared at the Criminal Courts luilding this afternoon. It was de- elded to hear them at once, and Mr. Stewart was excused, subject te the call of the Digtrict-Attorney. Mitchell May, Secretary of State, ‘was the firet of the members of the Board to go before the Grand Jury. The other witnesses were Thomas F. arrived and both vessels sent life-| Pec; boats to the yacht at daylight. “& heavy and very rough sea was breaking about the Warrior, and a boat from the Frutera capsized. but all bands were seved. “A boat from the Almirante re- turned to the yacht again at 10 o'clock NEWARK BOARD WANTS ITSELF INVESTIGATED. Invites Grand Jury Inquiry as Re- sult of Mayor’s Paving Charges. The Board of Works of the city of Newark, N. J. passed resolutions this afternoon demanding an investiga- tien of their body by the Grand Jury that each member of e body be examined and investigated by the Grand Jury as soon as practi- and declare the Mayor's mea- HEITEMAYER AND WOMAN FINED FOR SMUGGLING Gave Co-Respondent: Jewels in Burope and Failed to Declare Them for Duty. Robert T. Heitemeyer, a wealthy leather manufacturer of Hobeken, N. J, and Mrs, Edna Maer Alex- ander, who was named as co-ro- epondent in Mra. Heitemeyer’s di- vorce sult, were fined $1,000 each this afternoon by Federal Judge Martin for smuggling. Hettemeyer paid the fine with two $1,\0 bills. It was charged that on a wie. to Kvrope, Heltemeyer rs. Alexander $600 worth. of that they attempted to smuggle them (nto this country on Nov. 22, 1913, BANDITS BURN CITY; MISSIONARIES IN PERIL GHANGHAT; ‘China, Jan. 29.—A force of §,000 bandits to-day sacked aud burned ‘virtually the entire olty ef Liuan-chow in the Province’ of man-hwei W. B. Entwistle of the China Inland Mission, bird his wife Bensel, State Engi Gov, Glynn ts the only member of the that handled the has not been invited to go before the Grand Jury. Whether he will be invited has not been decided. When Mr. May left the Grand Jury room he said he had been questioned about the Stewart contracts. He told the jurors that he had no recol lection of them, because they had been disposed of before he took office. ——————_—— :| OPPOSITION TO PRESIDENT IN BOARD OF EDUCATION Insurgent Candidate to Be Put Up at Annual Election Next Monday. Hostilities in the Board of Educa- tion took open form to-day when thir- teen members sent to the newspapers @ signed statement announcing their intention to nominate a candidate in opposition to President Thomas W. Churchill, who hopes to be re-elected fm the annual election next Mondsy afternoon. Mr, Churchill was chosen || unanimously a year ago, but his pol- icles have aroused the 0; ry “We have not decided upon the @idate who is to oppose Mr. Churchill,” said Dr, Flexner this afternoon. “That is @ matter to be settled at a meet- ing for to-night, The aigerel tion to Mr. Churchill I may say rt confined to the thirteen whose baer tures carry the announcement of t! lan to nominate another candidate President of the Board. eee CONSPIRACY IS CHARGED. Bleves Indteted for Receiving Av- sete of Bankrupt Firm. The Federal Grand Jury this after- non returned an indictment against the eleven men who were arrested some days ago on the charge of receiving as- hon 8 tie hans wee ree Oe secon. Eerie & Bon of No. % riche ey pate i al street. oe ine jetment < strane to were, jn th twas i uD to r is, men and ugh thelr en ten- tative as of ot guilty. _————>— STATE BUDGET $39,000,000. Exclusive of Fizeé Charges, Which ‘Will Make It 968,000,000, ALBANY, Jan. 39.—The Annual Ap- HI rely tentative, to act as a basis for Riperfected measure to be presented by the Ways and Means Committes, in its present form it gives only the estimates as they come the vari- ous 4 ents, r exclusive would ‘bring ‘968, 000,000. ROYAL Coshed—ready % carve. Present | t! mer on Which Future Rates Wilt Be Based. (Special to The Kvening World.) ALBANY, Jan, 29.—Vice-President Frunk H. Bethell of the New York Telephone Company appeared before the up-8tate Public Service Commis: tion to- to arrange for making new schedule of telephone rates for New York City. He submitted a written proposition, assenting to the Commission making an appraisal and physical valuation of the company’s prcperty and rates apg a basis of rate making, the company to pay all the éxpenses, which will amount to per- hapa $200,000, ‘The company’s acknowledgement of the power of the commission was complete. 4 ‘The selection of experts and ap- praigers is to be absolutely in the hands of Chafrman Decker and he ts to. have undisputed control of the great undertaking. Senator James A. Foley, Chairmen of. the Legislative Joint Committee on Telephone Rates, was called in the conference. Chairman demurred against assuming total re- lity for handling the com- pany’s money to pay the bills, He Tegretted that the State or the city could not do the work without touch- ing & dollar of telephone money, but Mayor Mitchel sent word that the city would not make an apro- ion for the appraisal, and Gov. in had laid down the rule that he uld not approve the State spending any money to help out New York Cit: . Under these is forced to use the telephone company’s money. TWO VIRGINIA JUDGES HERE TO LOOK US OVER kee Ex-Governor Also With Them to Pick Up New Ideas. Ex-Gov. Quimby of New Hamp- shire, Judge Barron of Criminal Court of Norfolk, Va. and Judge ‘Timberlake of Staunton, They called oh District-Attorney Whitman, looked over the system of Jaying out and recording the work of the assistants and went through the Ex-Gov. Quimby Rosalsky on the bench of General Seasions ‘listening to the evidence in the bomb thrower’s trial. “We have no bomb throwers New Hampshire yet,” he said, Mand hope we never will have them. . s all very novel and interesting ‘The Virginia Judges said the gen- ral movement for court reforms jw methods of handling crimii had reached Virginia and they up here after new ideas. pteidleds Hensel GIRL SLAYER INDICTED. Arraign Rese Preseman T: stenographer whe on Dec. 4 last shot a @ employ of her uncle, a member of clothing frm of Pressman Bros., at 0 West Seventeenth street, and effort to end her own life, to-day was indicted for murder in the first degree. The girl, who ts twenty-four years | she was eonfned for a long period in Bellevue Hospital, but recently was re-' turned’ to the Tombs. he will be ar- | 58 Bari : ratyned to-morrow before Justice Nott in the Court of General Sessions, HE Parcel Post Country Candy-Lovers—* ne longer. obliged to put offered at the count: The tone is not only pleasing, but it will remain so, That hashes their record tor 68 years. There is not a piano made that will Zz better in tune; it is because of way the tuning pin block is made. Price $825 up. Full value al- lowed for old instruments. Easy peyments if you wish. For a low priced piano awed piano ot « good make is far better value than a cheap new one. We have the kind we can guarantés from $125 up. Write for Catalog and bargain lat. PEASE PIANO CO, 128 W. 42dSt., ne. Broadwa: 34 Flat V8, - 10 New St., Newark, N..J. A full line of Victor and Ce- lumbia Talking Machines. The Famous Favorita Noblezas The character- istic of this partic- ular cigaris thatit is long but not too heavy in weight and it always smokes witha fine bouquet, full of \the delicate fra- grance of finest, mild, well cureu Havana leaf. Noblezas is one’ of $0 attractive shapes of Mi Favorita.. The price’ is $2.50 per box of 25 or two for 25 cents. ‘ Noblesas will ap- peal to you for frequent smoking. In ell cur stores end et first-class doalese Park & Filford New Yorks Full Dress Suits -: "$20.00 Mitchell THE TAILOR From This model which § auickty CURLO WITHOUT CUT TING 5 Use IN-GRO-NAIL, the Begerinay System a up with the stale, Fy stores wi fy i NI