The evening world. Newspaper, April 30, 1914, Page 4

of the original contracts, sold out his rights for $876,000 and is sorry he aid It. witness stand and said: “1 didn't know the New Haven was in the game. I thought Thofme was Playing it straicht for himself. If 1 had had any {dea Thorne was wo! ing for the New Haven f:woult/h been in there yet, It would: ha: Gost them $1,600,000 to get me out ONS IN PROFIT | PROMOTERS OF HAVEN DEALS! pe © Rich Shares for Many in the Thorne-Mellen Transactions in Westchester Roads. certainly did fool me badly.” ‘There was almost an endless chain of contracts, contractors and ¢on- tract companies, each getting a rake- oft and the New Haven treasury pay- ing all tho bills in the end. Besides getting direct payments each con- | tractor was a stockholder in the con- tracting companies and shared in their profits. McDonald for example, secured bis contract from @ paper corporation called the Sibway and Westchester Contract Company In which he was a stockholder. He nold out to the City and County Contract Company, a Righer iink in the chain, in which he also held stock. This latter com- any later was unloaded on the New Haven with @ mountain of stocks and bonds, There waa fine profit, too, for ayn- dicate underwriters, The firm of Dick & Robinson, whom Thorne om- ployed to gather in the Westchester See Out bie rights for $1,065,000 and ls now took, for. his bof A Sg gemewhers ancl uy up everything in als’ MiMipce ss tecctty, ‘Chiesws i made an agreement with the City and mith, Chicago banker |Gounty Contract Company in 1006 an@ promoter, who held the original|to underwrite certain bonds. The ©* @ontract for construction of the Weat- ppc id the — Seite chest per cent. comm jon, enter aout pirgpo Meee a ® lin cash and three shares of stock id lock on & COR* | thrown in aa bonus for every bond. ‘tract company. He ie now dead. This bond eale brought $4,000,000 into James P. MeDonald, who held one the Contract Company treasury, all Franklin Simon 8 Co. Fifth Avenue “Young Men's Shows 16 West 38th St.—Store Floor Entirely Separate from Fifth Avenue Store PEpecial from a Staft Correspondent of : ‘The Evening World.) hy WASHINGTON, April 30.—Burned dead men and hasy memories the Interstate Commerce tempt to disclose fully the Westchester rail- financing to-day. Dospite this, facts were developed showing enor- * Meee payments to contractors and |) Promoters. William C. Gotshal, pro- Of the Portchester road, aold WILL HOLD A SALE FRIDAY Men’s Silk Shirts. CUSTOM FINISH, 1314 TO 1714 NECK MEASURE 4 _ Of heavy crepe or tub silk; white ground with blue, whol af black and white gatin stri Pere 95.50 2.95 Men’s Silk Mixture Shirts * Jacqbard figures or Russian Cord Stripss’' Negligee Shirts of imported silk mixtures, in a pena of of paterne in gray, blue, helio or os or all over covered gro Sizes 13"i 10 vi ook mecmuoe Regular pee 330 1.85 ~Mushroom Tucked Shirts In Novelty Cross or Vertical Stripes 7 Men’s “mushroom” or pin tuck shirts, in single or ~ two-toned colored stripes, in blue, + Peak ene elio, tan of black and white stripes fe 17 neck measure. Regular Prices $2. Sand gao 00 Men’s Initial Pajamas Two-inch Hand Embroidered Letter on Pocket lo rl, wi de Alger ened "and tine ua eorerie) ith double si gs and fine qua! _ pearl bu Regular Pr; ice $2.73 1.45 4 1.85 Men’s Athletic Underwear ; of superior quality cross bar cotton mesh, een shirt and knee length drawers. Regula’ Price $1.25 per serene 55 Men’s Silk Ties Flowing end four-in-hands, of heavy imported silk, ‘combination figures and stripes. Values $1.00 and 31:50 .65 Men’s Imported Lisle Sox New novelties in clox and stripes black, while, Ait navy, i urple or gray; with u seven rows clox, also ite or colored with © white or Abed vertical stripes; with reinforced Ba! oot and toe. Vauess 55 Men’s Silk Gloves clasp Milanese silk, in , brown, white or hed with self or black Stitching. Regular Price $4.25 85 Men’s London Raincoats Of double texture olive tan gabardine SIZES 34 TO 44 CHEST (Guaranteed waterproof.) model of double texture rubberized olive . 9.50 4 - patherteg raglan or plain sleeve. Value $15.00 g Men’ Shop’—16 West 38th St. McDonald was placed on the | . inatoad of merely. 375,000. ‘Fhey| + eg of which the New Fraven = yi later. According to the testimony ot He ater road when Thorne on the seene and began buying for New Haven wam $4,800,000, three-fourths of which was in real f construction, Jone no construc In the Westchestr 1 was stated Aan $36,000,000, It does not earn oper: ating @xpenses and the annual de- flelt Including fixed, charges ix about one and one-quarter million d Further attempt was mad information as to Thorne's His confidential man, George H an sel, was placed on the stand, but said all his knowledge was burned with the books in Thorne’s furnace and he could not remember any de- tails of the ftema, When “Diamond Jim’ Brady ts placed on the stand effort will be Made to develop through him more of the Tammany relations to Weat- chester, According to repo Tim" Sullivan and "Pat" M the boss of Hrooklyn, were active in skimming the New Haven cream and euchred out the Murphy contracting | crowd at Tammany Hall, That wan | what Thorne meant when he satd in| A letter to President Mellen that there were two factions in the hall. h examination of the | w Haven road for the | ten yoars ending June 90, 1912, and | had found that the company ran be- hind $40,400,000 during that time, The | floating indebtedness on the date mentioned, he said, was $88,396,000, | The company. in spite of this, he | sald, paid out dividends that were Rot carned during some of these? yenra. Mr. Fowler further said that in 1908, 1008, 1911 and 1912 the New Haven had not earned the dividends it patd. In 1908 alone, he ald, the road ran behind $2,616,000, The total dividends paid a ten years amounted to §89,- wine. bonded indebtedness pompes during the decade from $26,000,000 $204, ok yng Bogs the capital was fhe oren In the same period from §17,- 9,000 en ,000,000. ° rook company was or; ein in wee sted 6 1906, Mr, Fowler said, and started out wit! bt ednean of $8,250,0 en tape More mysterious payments of touches by New York politicians was developed at the hearing.. Stevenson Taylor, Vice-President of the Quin- tard Iron Works, New York, was em- ployed by President Mellen in 1906 to buy up necretly stock of the Maine Steamahip Company. Letters from Mr. Taylor to Mr. Mellen were pro- duced, one of which said: “McKay suggests the expenses tow- ard getting pler at New York, about $36,000, be charged by Quintard Iron ‘Wggks a8 repairs on steamers.” in H, McKay at that time was te pzea to Mr, Mellen, Another letter aid: “Pier at Now York question ts get- ting serio@s. MeKay saya it is necen- gary to ahow responsibility of the company to offset attacks by Mc- Gowan," Later Mellen w: dent Kochsperger: check to J. H. McKay, Hotel Aspin- wall, Lenox, for $23,875°.and charge ft to Investment account of Now Kogland Navigation Company. ‘This wil be transferred to the accounts of the Joyce Steamship Company and later it will be covered by increase Ky a capital stock of that com- 6 to Vica-Preal- range to send { Pitnder prodding questions Mr. Tay- Jor said that acting on behalf of Mr. Mellen for the New Haven Ratlroad he organized the U. 8. Transporta- tion Company to operate a cheap line of steamera in the Sound, Tho New Haven was not to be known in it, but there waa difficulty in getting plers in Now York. Mr. McCowan, President of the Board of Aldermen, objected to the irresponsibility of the company. Another letter from Tay- lor to Mellen in 1906 sald: “McKay called me on phone and sald he would need $10,000 early next week, which was about one-third of what would be required.” Mr. Taylor's memory failed him ut- terly ax to what all thin meant. pi eo Fadl SEVEN LOST IN WRECK OF LAKE SCHOONER ROCHESTER, N. Y., April 30.— The schooner William Jamieson, bound from Oswego for Napanee, Ont., Ix reported to have sunk in mid-lake on Wednesday. Capt. John McCullough, hin wife and son, the mate and his wife and two of the crew were drowned. The cook, a negro, was paved. The schooners Keewatin and Julla B. Merrill crashed together head-on in the upper gap of the Bay of Quinte. The Keewatin was beached and the Merrill towed to Kingston, badly damaged. That Jar of MUSTEROLE On the Bath-Room Shelt It's relieved pain for nearly everyone in the lemlly. When little Susie had the croup, when Johnny got his feet wet and caught cold, when father sprained i set when Granny's rheumatism red ber— ar jar of MUSTEROLE was right there to give relief and comfort. MUSTEROQLE is a clean, white oint- ment, made with oil of mustard, It will not blister like a mustard plaster. Quick, relief for Sore Throat, Bronchi- tis, T Ps ma, Neuralgia, Headache, Congestion, Pleuris: Rheumatism,‘Lumbago, Pains and Ac! 8 of the Back or Joints, Sprains, Bruises, Chilblains, re~ vents pneumonia), Nothing like mus 'S-! TEROLE for croupy children, | In 85c and S0c jarn, and a special large | hospital sise for 68,50. i Sore Muscles, Frosted Feet, Colds on the Chest (it Mt your druggist cannot sup send Bic or 60c to the MUS’ MROLE Company, Cleveland, Ohio, and not mail yous jar, postage prepaid. (60) 4, 3, BOORANAD, Lawallville, Odio, Pay “We ie justerole for or Secret eta oe ht ler, the tangible property PB. estate and the balance In beginnings | richester had -|Hats, Caps, Shirts, Pajamas, Neckwear, Underwear, TOWN “TREASURER GUILTY. I! fienca ‘tee Ine the tnw regut town tr Violation of 1 MIN Paradise Hats Reduced from $25 to $15.00 We are offering a limited num- ber of strikingly attractive hats, trimmed with genuine Paradise, at $15. Every hat possesses individu. ality. The Paradise alone cannot be duplicated elsewhere at the price. The shapes are imported. Paradise is very scarce and we ‘hape, Trimmed , advise our patrons to make early vi ‘ul genuine Paradise. selection. Striking Display of Dressy Hats Visit our Salons. See the hundreds of new $5.00 to $10.00 Dressy Hats re- 3 ceived daily. Each && one represents some striking feature of .the Paris style of $15 Imported Shape, Trimmed 10 Poke Bonnet, Imported the moment. $10. Trimmed with Leghorn, Ssangtan ‘Split Cluster of 3 Wheat and Flowers, Band of 16-in. 2-toned French Plumes. Lacquered Ribbon. London Feather Company Largest Makers of Ostrich Plumes in the World 21 WEST 34TH STREET, NEW YORK. LONDON PARIS ‘CHICAGO BUENOS AIRES SMITH GRAY @ CO. GIANT SELL-OUT IMMEDIATE DISPOSAL OF ENTIRE SMITH GRAY STOCKS The Receiver has determined—and has now given such orders as will insure the instant carrying out of his determination —that all stocks must be sold in the shortest possibletime. Therefore EVERYTHING MUST MOVE NOW—WITH ALL SPEED ALL MUST GO REGARDLESS OF COST OR OF FORMER SELLING PRICES NEW, STARTLING PRICE CHANGES ‘6.4 | up ro |°25.45] of Suits in Two- or Three-Piece Medsis_ ALL MUST GO| Pern elehte Mediun & Heavy Weights; Fur Coste ALL MUST CO! te teen Gal Tce ALL MUST GO. Socks, Umbrellas, Canes, Jewelry, Other Furnishings ALL MUST GO, PRICES SO SENSATIONALLY LOW that it will pay you enormous interest on the present cost to buy now for future seasons’ wear. Such tremendous, unexampled, incomparable bargains have seldom been known in New York. Huge savings now offered make it wis- dom to ‘stock up’’ your wardrobe in advance for coming months and seasons. THIS GIGANTIC SELL-OUT STARTS TODAY Come immediately ( Buy Winter Clothes NOW to put away for next year. to any of our + Buy Medium Weights NOW to have ready for Fall. FOUR Stores. | Buy Light Weights NOW for this Spring & Summer. RECEIVER’S SALE OSCAR A. LEWIS As Receiver in Bankruptcy | | BROADWAY AT All Stores Open Until 6.30 P. M. Today Sliced Peaches, *37"\;' B com BE Large Reductions in Teas, Coffees and Cocoas Best Teas, Ceyton-India, Mixed, Formosa-Oolong aid English Breakfast, CHOICE GROCERIES, Deliciously fresh, sweet and new, Cheese, Essie Milk Flour, perlative XXXX Package Very Best Coffee Choice Coffee Fresh roasted; splendid “cup How to Live Well fog the Least Money At All 235 James Butler Inc. Stores Best Creamers | Butter Fresh from the Creameries every day. No better Butter. East ViewEggs, Every East View Egg is Guaranteed Fresh New Laid. Best N. Y. State; from blag milk with ALL the cream, lb, Evaporated Milk, ®:!:2~: 7°} Richest and Best 9 Condensed; can... Alaska Salmon, 7™ 1elb, can.7-. Pride of St. alow Su- Hornsby’s Famous Oatmeal, __ Nothing finer at any price, Ib Corn rm starch an Blue Ribbon __ Farina Package Cc Each... ol Ib.. Large, selected, in sealed carton, dos., 29'| 17°} 10° 3} Ibs. 10° { > 12} neo 28° aut", @ awe seeeseccccs Colman’s English Mustard, Lea&Perrin’s Sauce, Liberty Catsup, ic vottics, each 10° ana 5° Large Bottle Salad Oil, ..:%... 15¢ Swift's Soap, 8 cakes 25¢ Babbitt’s and Gold Soap Your choice this week, age Gold Dust, Oven-Fresh from the National Biscuit Company Royal Lunch, Graham Crackers. Mary Anns and Base Balls Messina Lemons, Corned Beef, Plate, Legs of Milk-Fed Rum of Selected Guinness $ i | 25 2 if c Between 156th and 157th St. Moved from 1961 Amsterdam Ave, We Give uo Green Baker’s Cocoa Peerless Cocoa Kirkman’s Borax Soap Triumph Cleanser, tp as. 20-Muie Team Borax, :, Famous Washing I Seediess Oranges, At All 38 James Butler Inc. Meat Marlies Veal Cutlets, specially selected. . Choicest Loin Veal Chops . Shoulders of Veal, Nore bathen., 7 Smoked Beef Tongues.......1. 20¢ At All 131 James Butler Inc. Licensed Stores ’s Stout World-Famous for Quality—Bottled to Perfection, Doz. Bottles. |2 Bottles.|Doz. Splits./3 Splits, Allowances of 16c per doz, empty bottles and 10¢ per dos. crpty splits NewStore at 1947 Amsterdam Ave, 13° Absolutely 10°} pure, can, 19° Melb, can., The famous Worcestershire, bot, cakes D9 packs 10° Y 12 to Vek Bright anal 12 for 1 5c juicy Ripe, juic Californias, Navel, Brisket, Ib. 24° 4 b. 22%} Veal....... s 18° Veal .. b. LES 15° 90° (23° Opens ‘This Moi Phone Audubon 168 Trading