The evening world. Newspaper, February 8, 1916, Page 2

i ; ' b : ‘ f i ‘the commitments of J. P. Morgan & Co, and their syndicate associates for money approximating $80,000,000 for elevated raliway extensions and 000,000 for subway extensions and improvements. This sum, however, to be credited to the profit of J. P. Morgan & Co. and their associates on commissions in further transac- tions.” Mr. Colby also produced a voucher for $250,000 paid Nov. 29, 1911, to J. P. Morgan & Co. “For service as bank- ers during the past two years in con- nection with the negotiations of the Interborough with the authorities of the City of New York for subway ex- tensions and elevated railway tm- provement: Q. What were the services rendered by J. P. Morgun & Co, during the two years prior to 19117 Mr. Fisher studied his memoranda &@ long time; then answered “They held themselves in readiness to furnish thirty millions for the elevated and seventy-five millions for subway improvements.” Q. Do you understand that J. P. Morgan & Co, actually held $105,000,000 in hand for two years’? A. No, It was not necessary to do that. Q. They received $500,000 for “hold- (ng themselves in readiness” for Afteen months? A. That was the agreement; that they would furnish Money for the bonds when wanted. MORGAN FORMED SYNDICATE TO TAKE BONDS, @ Whe were the "syndicate asso- cintes” referred to in the voucher? A SPOONFUL OF SATS RELVES ~ARHING KIDNEYS ve sat ton » much meat, which % clogs eys, says .. noted authority. If back hurts or Bladder bothers, stop all meat for a while. bi Es have rheumatic twin, The urine tdoudy. full of sediment, chammele water scalds and you are te seek relief two or three times the night. bas conse + food, reliable physi ones ur Sent" lar guises ‘of Sod Salts; "take jy fh “4 he acid of rom tl pes on juice, combined with bintow been used for generations to d stimulate sluggish kidneys, neutralize acids in the urine so longer irritates, thus ending blad- weakness. 4y Salta iss life saver for regular “1 eaters. It is inexpensive, cannot jurey and makes a delightful, effer- wescent lithia-water drink.—Advt. H PERE sE Hi filet ForClogged-Up Sinks, &c.,Use DRAIN-P For Overworked Men Vinol Creates Strength Overworked, run-down men who lack energy, vitality and strength need Vinol because it is a non-secret remedy com- bining these world famous strength <= erst: _ THE EVENING WORLD, TUESDAY | PEBRUAR A. My understanding ts that Morgan & Co, formed a syndicate to take our bonds and furnish the money. Q. What are the “commitmente” | referred to? A. I don't know exactly. | It means that they committed them- |aelvea to furnish the money when | called on. | @ Who were in the syndicate? A. Lee, Higginson & Co, Kinsel, Kinntoutt & Co. and Harris, Forbes & Co. Q. Practically, then, the Interbor- ough patd Morgan & Co, half a mill- fon dollars on « claim put forward by Morgan & Co., assuming the claim to be correct and not scrutinizing it any | further? A. Yes, sir. | ‘Q. This term “syndicate” ts simply @ term used by J. P. Morgan & Co. jin demanding the money? A. Not necessarily so. It was customary to | form a syndicate, Q. Why were J. P. Morgan & Co. entitled to this $600,0007 A. It was understood that Morgan & Co, in- curred an expense during the two years we were waiting to go ahead with the extensions and tmprove- menta, Q. The voucher states that the $500,000 shall be credited as part of Morgan & Co.'s commissions on the bonds. Were there ever any commis- sions? A. No, sir, The bonds were bought at @ price. Q. There was no contract promising Morgan & Co. thie award for their services? A. There was this letter. Secretary Fisher produced a letter from J. P. Morgan & Co, dated Sept. 15, 1910, and addressed to Theodore P. Shonts, President of the Interborough Rapid Transit Company. “We beg to coffirm as follows the ‘substance of the conversation yeater- day relative to a plan for financing the Interborough Rapid Transit Com- pany.” Q. So this letter postdates by a year the time Morgan & Co.'s services be- gan? A. But there had been many conversations during that year, ~ GOT $590,000 FOR SIMPLY GET- «aia READY. “Ae I understand it,” said Senator ese “Morgan & Co. bought the Int bonds at 93 1-2 and sold ‘tiem at thereby making a profit BAstper bent. For getting ready oe Wiey, wot an award of $260,000, and for getting ready to get Heady $250,000 more, Am I right?” . Chairman, you're entirely 1" said Secretary Fisher sadly. ‘The crowd roared. Counsel Colby read the long letter, beginaing with “the basis of the plan we 000 mortgage, due in 1940." Morgan & Co. were to get the bonds at 981-2 and tho Interborough was to pay 5 per cent. interest. ‘There were long and intricate ‘ar- rangements fox notes, &c. 4 “Was anything done under this con. ‘tract except pay J. P. Morgan, & Co, $600,000?" asked Counsel Colby. “No air,” replied Secretary Fisher. “No notes were taken up, nor bonds votired?” “No, air.” Mr. Coltiy read another letter from’ J.P. M & Co, to President Shonts of the Interborough on April 9, 1912, sestating the terms under which they advanced money for eub- way extension and equipment and elevated railway improvements. A mortgage was to be made by the Interborough Company for $170,000,- 000, The money they required was: For refunding present debt $50,656,950 For building new subways 56,000,000 For Manhattan railway improvements + 90,000,000 For equipping new sub- WAYS weeeeeeeenee The whole transaction was to stand or fall if the legality And constitu- tionality of the dual contracts should be upheld by the courts. The terms of the bonds and the mortgage were to be satisfactory to Morgan & Co.'s counsel, which ox- pense was to be borne by the Inter. giving elements, viz: Beef and Cod Liver Peptones, Iron and Manganese Peptonates, Glycerophosphates, ete. A Splendid Modern Tonic fs always sold with a definite guarantee to return the purchaser's 14,000 Ca money if it tails to give satisfaction. For sale at Riker-Hegeman and at all Greater New York drug this sign P. 8.—There is a Vinol drug town wherever you live. Look for the sign. Liggett stores and stores that display store in your own | It began: | 1,429,171 SOLDIERS HELD AS PRISONERS BY GERMANY ALONE BERLIN, Feb. 8 (by wireless to of 1,429,171 jere to date are pris- oners of war in Germany,” the Teena) FORAKER STRIKES HIS ENEMIES IN BOOK OF MEMOIRS Down and Out Himself When | He Quit, He Writes, but They ‘Are Fast Following Him, | not inclusive of Prisonere made by German troops and left in Austria-Hungary In order to shorten the transport. “In addition, 9,700 cannon, 7,700 military carriages and 3,000 machine gune have been con- veyed to Germany, theese not in- cluding numerous cannen and machine guns destroyed by the enemy before capture and those used at once by German troops. “The number cf rifles taken which are otill fit for use is 1,300,- 000." AIMS AT T. R. AND TAFT. Alludes to Split of Republican Party and Confusion That Came to It. borough. | The committee ts going to call Law- | fence Gresser, late Borough President ‘of Queens, to the witness stand soon, Hig son, a lawyer, has told the com- mittee that his father was dismissed from office because he voted against the proposed subway extensions, | ot for incompetence as the record hows, Greaser's story that he was prom- ised a.clean bill of health and to be kept in office if he would change bis @tand and vote in favor of the sub- y extensions will be heard with Rpertal to The Evening World ) | CINCINNATL, Feb, &.—In two vol- umes seon to be off the press for private circulation, entitled “Not of a Busy Life,” former United States? Senator Joseph B. aker has told his oxperiences, as a soldier in the, Union Army, as a Judge on the bench, | as Governor of Ohio and as a member jof the United States Senate, giving interesting accounts of all the impor- tant political events and all they in portant legislation with which he had any connection and incidentally giving \elimpses and aketches of many of the According to Gresser’s story, re-| notable statesmen with whom he bas Yated by his #on, Lawrence Gresser | como in contact. |dr. to the committee, Gresser senior! Ifo mentions especially Presidents | {resented the interference of August, Hayes, Harrison, McKinley, Roosevelt | Belmont in Queens politics through and Taft; Senator Sherman, Senator | the activities of the Degnon contract-| Hanna and Secretary Hay. He uses ing people, Also when the matter of many letters and documents never the proposed subway extension con-| before published. After reciting. his tracts came up in the Board of Esti-| career, including his differences with mate President Gresser of Queens Presidents Roosevelt and Taft, that voted against them, This was on led to his retirement, he says: July 11, 1911, “When I left the Senate I was Charges of incompetence and worne| ‘down and out,’ and my enemies were | things in the Gresser administration everywhere triumphant, and that was had been previously made to Gov.| not any more agreeable to me than it Hughes, who referred thom on Scpt.| would be to the average man. It} 20, 1910, to Samuel H. Ordway as com-| required some courage to face the missioner to take testimony, Ie situation with equanimity. But how| threw out all the charges except those | the mighty have fallen. The years of incompetence and so reported to, have quickly passed. They have been Gov. Dix, who held @ bearing on the quiet and peaceful, but very busy Ordway report on Aug. 20, 1911. years for me. in Y 8, 1016.: | America’s Prettiest “Hat Model’ Who Is Accused of Smuggling } ANNA fF, HOLcH “Some one went to the telephone and called up a big man in New York. The big man did somo tele- honing, too, for next day Gov. ix dismissed father from office.” Senator Thompson said to-day that to stay. “I won't mention names in this con- nection, for I, too, am #o tender hear}- ed that ‘I can’t strike a man when he t# down,’ but I will say that I ~ WALLSTREET unless some explanatio ; ‘ ged off afte - the 968,000 tfeen maid Bo Herat tein | have no distress on account ‘of what Pe BAe CORO Oh: AEKRN SAY and Wolf and Guggenheimer, | has happened to any of these individ. |(°S Penns: intermyer & Marshall by the Inter- | uals. Market confinued to dyift up and borough for their services to The Ad-| “I have been ablo to bear thetr de-|down within narrow limits, but miral Realty Co, which tried to pre- | feats and disappointments “ith Chris-| showed imore strength in last hour. vent the subway extensions, he will| tian resignation and fortitude. I have ; pend a copy of the minu' to the/ever found pleasure in the fact that Association of the Bar for its in-|1 have been permitted to live long Clotlas Auetattens, formation and such action as it may|enough to see my worst enomies says} With net vhunges from previow aco fit. ing worse things about each other |¢losing, rac area than either of them ever sald about pr me. ‘ “Fair weather with them soon Ais Shatm, turned to foul. Peace, harmony and rey FOR POSTMASTERSHIP rejolcing were succeeded by difter-| A" | ences, disputes, controversies, detrac- | 4m \,," tion, defamation, slander, libel, anger, war and rumors of war, conspiracies of silence and conspirators of noise, open revolt, rebellion, political mur. der and suicide, together with every other political offense that selfish and clasping ambitions could suggest. “The natural consequence followed Quickly they were all ‘down and out,’ even the G. O. P. itself. What has befallen the party it is difficult to contemplate with composure, It was unnecessary and wilful. Rut the greatest trouble is that nobody longer knows what Republicanism means. The party was led from basle prin. ciples by an effort to outdo Bryan by adopting and carrying out in the name of reform and a moral uplift a lot of his wild vagaries, “The net result has been to give him and his soclalisticisms a transient re- spectability, while we have been de- moralized, weakened and unhorsed.” SE k COURT HOLDS J. H. SCHIFF. Riehle and McCarthy See Burleson fm Mena te About Job in New York—Sen- ator Wagner Declined It. (Special to The Evening World.) WASHINGTON, Fob. 8&.—The con- test over New York City Postmaster was reopened to-day by the appear- ance in Washington of John M, Riehle, President of the National Democratic Club, and United States Marshal Thomas D. McCarthy, both receptive candidates for the place. | They called at the White House to| invite the President and other prom- inent officials to speak at the Jeffer- son Day banquet of the club and then they went to see Postmaster General Burleson about the Post Of- fice. State Senator Robeft F. Wagner was sounded recently by the Admin- istration whether he would take the postmastership, but he declined. One plan under consideration is to have Representative Thomas G, Pat- ton appointed Postmaster and let Wagner fill the Congressional va- cancy, Aft to-day’s Cabinet meeting Postmaster General Burleson and Sec- retary McAdoo had an hour's confer- ence with the President on Post Of- | 4 han he -S fice and practical politics, including tu'bs tho owner, “Mtr erin ait eeRed | M the New York and Chicago offices, | pear in court in person. Kugene tt. | which are still unfilled by deserving | Paul represented him in the proceed- banker, was held for General Sessions by Magistrate Murphy in Jefferson Market Court to-day, charged with vio- Jating the fire laws by failing to pro- vide more than one fire exit from each floor in the loft building at No. Inter woes Lehig M h | Democrats. Ings. Ball was fixed at $26 Geiinasestiiinseiaanen request Was made that the case be ELEC. BOAT EARNS $5,622,854 being ‘instaltea, Wut the Ansiatant’ core ki peing installed, but the Assistant Cor- : - - ation Counsel uested that the | case be sent to Ge al Sessions. The) Remarkable Earnings of Year Re-| defense declared that the reason: the prescribed exits are not completed ts that the plans were held up four wee in the Building Department a ITEMS FOR INVESTORS. | He cago Great Western's ross earn- inxs from July nd of January show increase of $2 1 ported by War Bride Com: The financial statement of the E Boat Company, whose stock went from 10 to §00 in a year, was made public to- at day the annual meeting in Jei d net earnings for 1916 ducting from this $467,- 149 for ‘depreciation and $1,764,183 : Sunday Bat his rex dividenas: there was a balnice te ade | Baltimore Tubs cl on stock gold | DALY.—On Sund of At le ont plus of $3,491,622 on the year's opera. |at $100 4 share, the highest price yet| dence, 1120 3d av, JO RANCIS tions, "rhe unfinished business on hand ‘teached, "an advance of thitty-seven | DALY, beloved husband of A at the beginning off the nt year points from low. lowél of last month, amounted to about $25,000,000, jwhen stock was first traded in, Market | Felmnencat 1e\alclock, atime in 93. Thomas L. Cochran jr. president of! price of prefer Roth Issues, on. Chur Wedn the Liberty National Bink, was elected Sbove basis of 198, are selling fifty-three’ nt Calvary. to the electorate, which includes Henry points above the at which shares fe Caiwars: R. Carae, BE. B. Frost, Thomas EB. Daw-|Were offered to the public last month | g CONNELL. On Monday, Feb. 7, 1016 son, Henry KR. Sutphen, Stacy C. Rich [by the syndicate, JAMES O'CONNELL, beloved father of mond, N arte) ba eat Northern Railway gross earn-| Mre. M. May, Joun J. William A, and s for seven months incregsed $6,043,-| James A Fu i B86. Dome Mines Company regular quar- tely. dividend of bp .. payable | March 1 to stock of aT, jus in Mexico Jowoph, Oth Ave and Mealco City i# in the grip of typhus ; according to the statements of rs on the steamship Esperanza of the Ward line, which arrived to-day | starch ..46... NU from Vera Cruz und Havana, ‘The pas: | May F sengers declared that at last reports | July 1 were 14.000 cages of trphus among | October 12 the lower claases. They also said that | December 1248 - amalipox, In viruient form, had brokwn | Market. closed atron| JEWDLLER— Pint clase mau on rerairing api jout ln the alums of the city, | points 11S Os: GE YOUR sm EH “Between June 16 and Sept. 26," cays| “I was not in my law office for an| Miss Anna Holch, reputed to be the}of the Hamburg-American Line, and young Gresser, “it was intimated to| hour until I was tendered employment | most beautiful “hat model” in Amer-| returned Aug. 1914, on board the my father that if he would change hts| of a most satisfactory and compli-|ica, has been held in. the Mederal Olympic of the White Star Line; that vote and. favor the new subway ox-j mentary character. Except by choice, | Court in $2,000 bail with her employer, | the merchandise which they brought tensions he would not be removed. On| I have not had an idle day since, but | Herman P. Tes . Milliner, of No. with them was undervalued and de- Sept. 26 primaries were being held in|I have taken the time to d the) West Fifty-seventh Street, on clared by Miss Holch as nersonal bag- Queens. Word was brought to iny| newspapers, to make a few speeches, | charge of smuggling. It is declared by n it was intended for sale. father from Albany that Gov. Dix was| and to join my fellow citizens in wel- | Government officers that Miss Holen rament was deprived of) going to dismiss the charges against | coming back to private Mfo one after|and Tappe left the United States on Eola ae Marte eal him. We were anxious to carry the| another, in rapid succession, every |June #, 1914, on board the Imperator ld = primaries and passed the word along.|man who took part in the work of ete nee That's where we were foolish, retiring me. ®Most of them are there hem Pacitic ".. 100% CY CHICAGO WHEAT AND CORN MARKET, WHT, Open. Highs Tests 1a Monday 1k CORN Open, ing. Bt £ Greek demand of 1,000,000 bushe helped the advance, Use RYZON, the Powder. Result? This will repay RYZON, RYZON will mak money back. without phosphate | Modern recipes call for standard measurements, tions. | | neutrality, | Holland proyested to Germany against while on their aer RYZON is made with a new and better phosphate. Man cannot live So do RYZON direc If you prefer to use heaping measurements, use RYZON exactly as you would any other baking powder. —— |DUTGH GUNS MAY HAVE HIT ZEPPELIN L-29 Germans Have Been Warned About Airship Movements Over Holland. THE HAGUB (v Official reports London), Feb. & received here re- garding the German Zeppelin L-29, be- lieved to have been lost in the North Sea, leave it still uncertain whether it was the Dutch battery on the Island of Ameland that damaged the big air- ship. The newspapers express satisfaction at the effective maintenance of Dutch They recall that jast fall Zeppelin movements over Dutch ter- rmany thereupon expressing ring that strict orders prevent a repetition Nevertheless, repetitions have oc- curred since. ‘These are not reearded here as intentional, but as sufficintly frequent to Warrant the question whether commanders of Zeppeling in all cases are sufficiently careful not to stray from the path of their duties | errands LETTER TELLS HOW TO TRACE PLOTTERS IN OTTAWA'S BLAZE ne had been given OTTAWA Do poli Ontario, Feb. received S—The jay an inion a Cleveland ight, asserting that the destruction of the Parliament Butiding was the result of a plot. ‘The letter stated that if the authori ties can lo in persons having in their possession a thermic fuse ma- terial, almost invisible but c sustaining a half pound welg fusing at a temperature of $0 ¢ they will probably discover t of the fire. Investigation of the des the Parliament buildings by ¢ mittee appointe by x den and opposition lead kan to-day. Exper! obtained when ne quiry will be carr possible, The authorities here precautions have re ainst the entranc Canada of German agents from the United States, in view events, Warnings have t which confirm tHe impression tha any attempts on Canada will be mad through the use of spies sent into th country from across the . ——__ Vinsto Honored by Greek Kins The King of ¢ © has conferre, upon Solon Stylien I, Viasto, head o the Greek Orthodox Church in America, LMOCOLATE iy flavored Lemons rat eweets are completed by VERED FRI cleus cent: Speciat for To-Morrow (Wednesdoy) PEANUT | CREAMS—These inating blend of chole= % Fal" ate pad "Gaus beet sweets oA BARCLAY STREET Closes @.20 pine: Sat, 10 p. 29 CORTLANDT ST! n° Bas AU sr, 1 p.m. Dally SERERT kes Dal: ON RTs, WKLY 30 Ds iw. Dally Ox lowes 1 Perfect Baking Happy family! you for using e good or your Se lewel fae lb. tin, 10¢ Ib, tin, 18¢ 1-Ib. tin, 35¢ : AL Hats "Extra Special for Tuesday Only FATTIES—These af mmeltiny < iucul ea EXTHA/HPECTAL POR TUESDAY ONTN, PO. The specified weight includes the container in eac the goldon cross of Officer of the the “Greek Logion of Honor continual services to Greece and (9 a Greek-Amert ty editor of the janti« can-nowspaper published in this —— Guarding Against Strike, ‘The Board of Aldermen to-day gave ite consent to the purchase without public bidding of $100,000 worth © summer coul by the Central Purchas ing Committee of the Board of FE mate, The Purchasing Committee ask ed for permission to purchase $200,000 worth. Just why the amount is cut in |nalf the Aldermen do not explaty | When the request for open market was made, it was explained yurchase purehare ta necessary. to ho provided ith tion of the pre poaed atrike Cocoanut Oil Fine For Washing Hair. If you want to keep your hair in good } condition, be careful what you wash it with, Most soaps and prepared shampoos contain too much alkali, This dries the scalp, makes the hair brittle, and is very harmful, Just plain mulsified cocoanut oil (which is pure and entirely grease fess), is much better than the most ex pensive soap or anything else 9 use for shampooing, as this can't pos injure the hair, imply moisten your hair with water rubitin. One or two teaspoonfuls will make an abundance of rich HIather, and cleanses the hair and | thoroughly. The lather rinses out i | and removes every particle of dust, dirt. j dandruff and excessive oil. The hair | dries quickly and evenly, and it leav fine and silky, bright, fluffy and e manage. : You can get mulsified cooganut oil at It is very cheap, | most any drug store. and a few ounces is enough to last levery one in the family for months.- Advt. our Strictiy Jne Price Policy— Absdlutely the lowest by comparison —has earned for us the cor of thousands rong, who are ending Singer lependable kind. by. regidtered eng specialists REMEMBER, | si ing of 82 «'M.Singe iptometrists & Upticians Four Stores big. toothsome disks of i, Fiehly Su Sun CREAMEKY dat ¥ blo Caramel iB wssortment of fa or: Vanilla. “stravw= wranped i in sanitary affin’ paver, FOUND : 1s mW Closes 11 A ated pa case,