davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news., 1904-03-20
A LIFE sADDENED By DIsTRUsT.
suspicion and Gloom Constantly
OvershadOvv the Gar.
From Everybody's Magazine.

From Everybody's Magazine.
An atmosphere OF suspicion and
gloom, produced by the constant sense
Of impalpable danger. overshadows the
spirits of every one at the Russian
court. This is the reason why the
annual visit TO Copenhagen or FREEDOMS
borg Is so eagerly anticipated and SO
thoroughly enjoyed by the Russian roy
al family. At Fredensborg. although
the Emperor is guarded BY "A consider
able force Of detectives. they are not
In evidence; and during his stay he
Is accompanied only by one or two
aldes-de-camp who are generally per-
sonal friends. The extraordinary feat
ure about Nihilism IN Russia Is the
extent 10 which the upper classes SYM
pathize with the efforts Of the intel
lectural proletariat 70 bring the present
system 10 an end. The Car never
knows who are his friends and who
bis enemies. An abiding sense ~ dis-
trust II the result, and hence me paa=
tiOnate Affection that his ma fesfy feels
for his wife. whose fsifhfui counsel
and patient sympathy are the bright
spots ip one ~ The naddeat nyes Ia
Eurgpa
The Savannah morning news., 1904-03-20
Banks and Trust Companies win

Banks and Trust Companies win
Split.
Some time during the month OF April
the trust companies and banks OF New
York will come to parting of the
ways. Under the existing state laws
trust companies in this city have been
doing great banking business. and
have arrayed themselves In direct op-
position 10 the national and state
banks. The aggregate OF trust COM
pany deposits al the present time h
about as large as the deposits OF the
Clearing House banks. and they arr
not surrounded with as many reatric-
fiona. Some months ago the Clearing
House Association passed a rule re-
QuiriDg trust companies clearing
through that association Or through
banks having membership therein 10
keep on hand larger eaqh reserves.
This action was resented ~ the trust
companies. and a great majority ~
them are about ~ fuf loose and ~ ~
alone. fn thelr Efforts 20 secure Do.
The Savannah morning news., 1904-03-20
WALL STREETS KINGS OF
FINANCE RESTING EASIER
They Generally Concede the Good Effect of the
Securities Decision.
BY w. @. NICHOLAS.

New York. March 19.-wall street
has accepted without hysterical dis
play the Supreme Court decision in the
Northern Securities case. Relief from
the long period of tension was sig
nalized by sharp recovery in the gem
eral list of stocks traded in on the ex-
change. Whether this recovery will
hold remains to be seen. It is the
point upon which there is honest diff
ference of opinion.
In pursuance of it's practice of jump
ing at conclusions Wall street very fire.
quently makes mistakes. AS a rule,
however, it gets somewhere near the
truth. In the present case it has
taken the stand that the government
will be content with the moral victory
gained and will not soon take the ini-
tiative against other combinations. The
decision handed down by the the Su-
preme Court is held to be a warming
which must be observed and hereafter
ambitious kings of finance nut restrict
their operations within fixed legal linn
it's, and must not attempt to overStep
or clrcumVent the laws. NOW that
the verdict is in there is a widespread
disposition to concede the wisdom of
the administration in stepping in to
check the development and growth of
a tendency toward combination in vi
olation of state and national laws.
Legitimate Enterprises Not Affected.
1t is discovered that the decision of
the court is only against illegal conf
binations of trade and does not affect
in the slightest degree legitimate en-
terprises. The holding company as
such is not assailed. 1t is only when
the holding company is employed 10
defeat the law that it is held to be
invalid. Wrongfully used, it is in
identically the same position as an
individual might be VINO might at
tempt to commit an unlawful or Grim
inal act and can be proceeded against
with the same certainty of conviction.
Successful prosecution becomes simply
a matter of proof of violation of the
law.
At first blush a great many people
jumped to the conclusion that a death
blow had been given holding COM
panies Some little time has been re-
quired to correct this error.
The Savannah morning news., 1904-03-20
The whitney Estate sI1 100000.

The whitney Estate s11 100000
The estate of the late w. c. Whit
ney. which has been officially schedul-
ed at 81, 100000 or thereabouts is, in
reality, greatly in excess Of that sum,
according 10 the statements made by
insiders. The real value Is said to be
s3i 600 900. There has been a suspicion
that the Whitney estate is getting rid
Of a portion at least OF It's holdings in
the New York traction companies.
There il also prevalent belief that the
estate Of the late w. l.. Elkns Of
Philadelphia is tightening its holdings
In these companies. Messrs. Whitney
and ElldBs were two members Of the
small group of controlling stockhold-
srs In New York fractions. II n aald
that the assets Of Mr. whitney COM
iained simosf 10 cats and dogs n
seems 10 hayf been hla policy 10 get ~
~ go evidence ~ BAD Investments. lfe
must have made many such. Az be- wa
The Savannah morning news., 1904-03-20

to conform to the law as construed by
the Supreme Court last Monday. Fears
are entertained that litigation may
follow attempts to redistribute the as
sets of the Securities Company among
holders of stocks and bonds OF the
Constituent corporations. Gossip of
trouble between Mr.. r. II. Hartman
of Union Pacific and Mr.. Hill is
heard. but cannot be traced to a re-
liable source.
The Savannah morning news., 1904-03-20

in the habit Of subscribing to the en-
terprises of his friends regardless of
their prospectus promises. He left no
accumulation of dead wood for his ex-
ecutors to worry over or for his heirs
to speculate upon as to possible value.
The Whitney estate in this particu-
lar is in striking contrast to those Of
many millionaires whose safety vaults
are, full Of notoriously worthless Sc
curities.
The Savannah morning news., 1904-03-20
The Holding Company.

The holding company organized for
proper purposes and conducted legiti
mately performs very useful office
in the financial world. It is species
of corporate trusteeship and has be-
come an invaluable part of the finan-
The Savannah morning news., 1904-03-20

posits many of the trust companies
have resorted to methods which are
not regarded as conservative and un-
favorable comment is heard in conse-
quence. When the split takes place
formally 1t will be a sensation in the
financial quarter.
The Savannah morning news., 1904-03-20

ly polite that they took care to mis-
pronounce native words in the way he
had mispronounced them rather than
embarrass him by attempting to correct
him.
The Savannah morning news., 1904-03-20
The Absorption Idea.


Without exception every important
railroad system in the country has alb
sorbed minor lines. 1t so happens that
in a great majority of instances, how
ever, these acquisitions have been in
the way of legitimate development and
extension. This is conspicuously the
case with Pennsylvania, Southern Rail-
way Northwestern, st. Paul, Illinois
Central and Rock Island. The last
named possibly illustrates the idea of
the extension and rounding out of a
system better than any of the others
mentioned.
During the last two years it has
grown from road having about A.
900 miles of track into a system EN-
bracing approximately 5000 miles.
Yet in all this tremendous develop
ment there has been no paralleling of
road. This great system which is
operated by a holding company is
therefore free and clear from attack,
even though there should be a disposi-
tion to press the advantage gained by
: the government
The United States Steel Corporation
is a holding company and so is Anal
gamated Copper. Southern Railway
and the Erie System are under the
management of voting trusts, another
form of holding company. The Reading
Railway with it's alliances and combi-
nations was conducted for many years
by voting trust which only recently
dissolved.
The Savannah morning news., 1904-03-20
shrewd Traders Bought Heavily.

Many of the shrewder traders on
the Exchange bought quite heavily
during the past two weeks, on the
theory that even in the event of an
adverse decision in the Northern Sc
curities case the market would have
marked recovery. They held that
the worst had been discounted. and
that if the necessity should arise the
strong interests would support the
market and give it a boost Just to show
That property had some real value
Which its owners were not afraid to
stand for.
The statement made by Attorney
General Knox that the administration
had no intention of running amuck
was tonic to the stock market. II
filled spectators and investors with
more confidence than they had felt in
months. The remark was taken 10
mean that the kings Of finance would
take heed and cease their attempts to
carry combination to alarming
lengths. In fact these kings of finance
were hardly in need of a Supreme Court
warning. The course of the market
during the last eighteen months has
chilled their ardor for expansion and
aggrandiZement. Natural forces had
given them the necessary check. De-
clining prices had in many instances
curtailed their powers, and in Others
had been a notice which served the
same purpose as a storm signal does
to a ship captain. There ensued a
taking in of sail and other prepara-
tions deemed essential for protection
against storms.
The Savannah morning news., 1904-03-20
Active Security Market Looked For.

ActIVe security Market Looked For.
Now that the merger agony is over,
there is strong probability of a con-
tinued active security market. 1t is
hardly likely that trading will reach
the low ebb of last week for years to
come, if ever. An aggregate of less
than 10000 shares of stock a day is
carrying speculative apathy to the
limit of cowardice and absurdity
Stock market historians are making
comparison of the volume of business
during the extreme dull period of last
week with the action three years ago,
when the daily average ran over 2,O00,-
600 shares for a considerable period.
The high-water mark was reached on
April 10, 1901, when the aggregate was
nearly 100000 shares during the five
business hours.
There are many existent things con-
tributing to market activity. Money is
plenty and cheap, the industrial out
look is better, crop conditions in the
Southwest are improving and the
heavy expenses of railroad operation
due to the long, hard winter, are no
longer a pressing burden on the trans
portation companies. Confidence seems
to be slowly returning, and at the cur
rent range Of prices investors are get
ting into the better class of bonds
and shares. Investments that yield Az
TO per cent. are attractive, especial
ly when money in the open market
sells below per cent. on call, and 4
to per cent. on long time.
The sap is running up the tree and
the country appears to be entering
upon another year of reasonable pros
perity. 1t has been pointed out by
financial authorities that our national
wealth is increasing at the rate of
81, 500 900, 900 to $4,000, 100000 year. a
figure which insures substantial and
permanent recovery from any depres-
sion through which we may have
passed.
The Savannah morning news., 1904-03-20

Awaiting Securities Party's Move.
People in the financial district are in
teresting themselves considerably over
the probable plan which will be adopt
ed by the Northern Securities party
The Savannah morning news., 1904-03-20
CSC FOR $1.25 BAGS CSC

Black, genuine Seal Leather Bag, convenient size,
nickel gun metal mountings, leather handles, morie
lined fitted with coin purse Large size. walrus bag
brown or black brass, gun metal nickel mountings
MORE lined, leather handle fitted with coin purse.
The Savannah morning news., 1904-03-20

John F. Dillon, former judge of the
United States Circuit Court, who is
the legal representative of the Gould
interests, approves of the decision in
the Northern Securities case and does
not believe it can be used as prece-
dent to defeat other consultations al
ready in existence.
The Savannah morning news., 1904-03-20

might also come under the ban by
reason of its recent absorption of the
Louisville and Nashville. The Union
Pacific in assuming the responsibility
of buying control Of Southern Pacific
might also be within the danger line.
In the industrial field the anthracite
coal trust and the Standard Oil Com
pany are probably vulnerable, but
these no more than before the hand
ing down of the decision on Monday
last.
The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1904-05-31

willie, and ~ Township Hall, for at least
fourteen days next preceding the time
fixed for the hearing of said application;
the name Of nhe corporation presenting
such petition is the Delaware Valley
Traction Company; the date of the filing
such petition 10 the Seventh 9th day of
May, a. d. One Thousand Nine Hundred
Four; the character of the railway in
tended to be constructed, operated and
maintained 10 single track street railway
with the necessary switches and turnOuts;
with electricity as the propelling power or
force for it's cars, to be applied by means
OF the overhead or trolley system; the
public highway on which said electric
street railway is intended to be constructed
is as follows: Beginning at point in the
centre line of Water Street on the boun-
Diary line between the Town OF Morris
town and the Township of Morris; thence
to and along the side line of said Water
Street extended, certain courses and dis
tances to point at the insection of said
street or highway with Hanover Avenue
in said Morris township; thence along the
side line of said Hanover Avenue in said
Morris township, certain courses and dis
tances TO point at the intersection of
said Hanover Avenue with Rid0edale
Avenue in said Morris township
PHOENIX MILLER,
Attest: Chairman.
J. PAUL JAMIsoN, Township Clerk
The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1904-05-31
In Chancery of New Jersey.

10 George Black, Mrs George Black.
George w. Burtt, Minerva M. Burtt
and Lydia Black
BY virtue OF an order of the Court of
Chancery of New Jersey made on the day
of the date hereof In cause wherein Ella
O. Hulse is complainant and you and
Others are defendants you are required to
appear, plead, answer or demur to the
bill of said complainant on or before the
fifteenth day Of June, one thousand nine
hundred and four, or the said bill will be
taken as confessed against you. The said
bill is filed to foreclose two certain mort
cages, one made by Mary Brady, widow
and devisee Of Thomas Brady to John w
Wills, executor of the last will and test
ament Of Thomas Brady, deceased. dated
June second, one thousand eight hundred
and seventy nine, the other made by Will
liam Black to Mary Brady dated on the
first day of May one thousand eight hun
dred and eighty. both of which mortgages
have been assigned by mense assignments
to ella Q, Huise, said complainant, and
cover lands In the Township Of Mount
Olive, County of Morris and State Of New
Jersey; and you George Black, Minerva
M Burtt and Lydia Black are made de-
PENDANTS because you are three of the
children and heirs at law of William
Black, deceased, who died owning said
mortgaged premises or part thereof and
by reason thereof own said lands or some
part thereof or some interest therein and
You Mrs. George Black are made defend;
ant because you are the wife of George
Black and you George w. Burtt are made
defendant because you are the husband
of Minerva M. Burt
Dated May 10, 1904.
VREELAND, KING, WILSON & LINDABURY,
Solicitors of Complainant,
Savings Bank Building,
4259 Morristown, N. J .
The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1904-05-31
SHERIFFnS SALE.
IN CHANcERY OF New JERsE'

IN CHANCERY OF NEW JERSEY.
Wherein The Mercantile National Bank of
the City of New York, is complainant,
and John w Hazlett and Sarah E., his
wife, Leander S. Sire, @. Franklin Will
son and The Mayor and Board Of Alder
men of the Town of Morristown are de-
PENDANTS.
FL. ia. for sale of mortgaged premises.
Returnable to May Term. A. D., 1904.
M. L. ROSENBERG, Solicitor
by virtue Of the above stated writ Of
Fierl Facias In my hands, shall ex-
pose for sale at Public Vendue at the
Court House In Morristown, N. j., on
MONDAY. the 18th day of JUNE.
next, A. d., 1904, between the hours of ~
NJ and 5 o'clock p. M, that Is to say at 2
o'clock In the afternoon Of said day. all
that certain lot, piece or parcel of land,
situate, lying and being In Morristown,
County Of Morris and State of New Jersey,
bounded and described as follows, to wit:
BEGINNING at point formed by the
intersection of the Goutheasterly side line
of Market street with the northeasterly
side line of Macculloch avenue, running
thence north forty one (41) degrees fifty
two (52) minutes east along Market street
seventy seven (77) feet and sixty five one
hundredths (65 1907 Of foot; thence south
forty-two degrees and twenty seven min
feet and forty. five hundredths Of foot to
the land of Charles H. milford; thence
south forty eight degrees, fifty minutes
west ninety feet and nine hundredths of a
foot to the northeasterly SIZE line of Mao
outlook avenue, theEee north thirty five
degrees, twenty six minutes west along
Macculloch avenue one hundred and six
teen feet and seven hundredths of foot 60
the point or place of beginning, be the said
several dimensions more or less together
with all the right, title and interest of the
party Of the first part Ia and to one half of
Market streeG in front of and adjoining
the herein described lot, said lot being q
portion of the land conveyed by Hiram
Prudden and wife to William Collins, by
deed dated December Gath. 1888, and re
corded in Morris County's Registers Office
In Liber e. 3, Folios 5l4. etc.
Dated May II, 1904.
ABRAHAM RYERSON,
Sheriff.
.Jerseyman and Record. P. F. $40 so 50 s
The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1904-05-31
SHERIEFnS SALE.


In CHANCERY OF NEW JERSEY.
Between Thomas J.. Beardmore, Com
plainant, and John Sanderson, Lydia A..
Sanderson, Henry Salmon, Oscar futile,
Simeon B. futile, Sarah e. Cobb, Mary
A. McKtnnon. Della j. Peer, Electa o.
Racey, Esli B. Dawson, Cornelius j.
Kopp and Enoch Hammond as Execu-
tors Of John |. Kop3, deceased, Corne-
lius j. Kopp, Augustus Kopp; John
Frances Kopp; Charles d. Kopp; Helen
Slade; and Harriet e. Kopp defend
ants.
Ri. fa for sale of mortgaged premises.
Returnable to May Term, a. D., 1904.
P. J. McGINNEss. Solicitor
RY virtue of the above stated writ Of
Fieri Facias in my hands, shall ex-
pose for sale at Public Vendue at the
Court House In Morristown, N. j., ON
MONDAY. the 18th day of JUNE,
next, A. d.. 1904, between the hours Of IL
M. and o'clock p. M, that Is to say at 3
o'clock In the afternoon of said day, all
the following tract or parcel of land and
premises hereinafter particularly described
situate. lying and being in the Town Of
Boonton, In the County Of Morris and
State Ut New Jersey.
Being part of tract of thirteen and 80
100 of acres OF land'quit claimed by Nicholas
N. Jacobus, by deed dated May 2Srd, 1868 to
his children, Rachel Vaudeville, Abraham
p. Jacobus, Martha Dixon, Mary e. Daw-
son, and Sarah j. Demarest, and which
said tract was surveyed and divided into
lots and mapped by Benjamin Roome,
surveyor, on the 28th and goth of April,
1868, and the lot hereby described is known
and designated on the said map as lot No. 9
on Harrison street. Beginning at point
In the northeasterly side Of Harrison
street distant one hundred feet northwest
ly from the north corner of Lincoln and
Harrison streets. Thence "a Northwestern
ly along Harrison street fifty feet to Lot
No. z, on said map thence (2) northesterly
along the line of said lot No. u, one hupd-
red and twenty five feet thence (3) SOUTH
easterly parallel with the first course fifty
feet to the corner of Lot No. IL on said map;
thence az southwesterly parallel with the
second course and along the line of said
Lot No ii one hundred and twenty five
feet to the place of beginning. Being also
one Of forty Of said building lots which
were quit-claimed by Mary e. Dawson and
Esli b. Daw son, her husband to the other
heirs thereto by deed dated March &c. 1869,
and by Abraham p Jacobus and others
conveyed to the said John Sanderson by
deed dated February g. 1876, and recorde,
in the Morris County Clerks Office Is
Book VI o, Of Deeds, page 1898 etc.
Dated May 9, 1904.
ABRAHAM RYERSON,
Sheriff.
Jerseyman and Bulletin P. f s14.4O SO 5
The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1904-05-31
The New BELTS.

The newest belts are charming, the
loyeliest being made Of rich black
satin, cut on the bias and lined with
black china silk. These are folded, are
wide at the back and graduated mar
row at the front, where they are hook
ed underneath and confined by horse
shoe, heart or golf stick Of fine
rhinestones. These ornaments are
large, the sparkling stones mounted on
a dainty rim of French gilt In the
center of the back the fullness or folds
are drawn through rhinestone and
gilt buckle about two inches wide by
six inches long. These buckles are set
upright, and two long loops Of the satin
rise above the upper end, while two
sash ends about a quarter of yard
long fall below. Buckles in modish
designs are also in old silver, gun
metal and Roman gold finish, but moth
ing can be more charming than those
Of rhinestones, glittering against the
lustrous black satin.
The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1904-05-31

String beans are very delicious when
prepared after the following manner:
They are to be parboiled in slightly
sailed water, then drained and put
back in the same kettle, which should
be agate or porcelain.
One-half cup of vinegar, one table,
spoonful of moist sugar, half that
quantity of -four (mixed or offended"
with an equal amount of butter) are
added to the beans, which are then al
lowed to simmer for three-quarters of
an hour, care being taken that the mix
ture does not scorch or "set."
The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1904-05-31
Morris Orphans Court.

MAY TERM, 1904
In the matter Of the application of Sarah
Martin, Administratrix Of Bernard Mar.
tin, deceased
Rule to Show Cause why there should
not be a Sale of Lands.
Sarah Martin. Administrators OF Ber-
nard Martin, late of the County of Morris.
deceased, having made and exhibited to
this Court, under oath, Just and true
account of the personal estate and debts Of
said deceased, as far she has been able to-
discover the same, by which it appears
that the personal estate OF said deceased is.
Insufficient to pay all his just debts. and
stating that said deceased died seized Of
lands, tenements, hereditaments and real
estate, situate in the County of Morris.
and praying the aid of the Court in the
premises Therefore, it Is ordered bv the
Court, that all persons interested IL, the
lands, tenements, hereditaments and real
estate OF said deceased, do appear before
the Judge OF this Court, at the Court
House in Morristown, on Friday. the Flfth
day OF August A d., 1904. and show
cause, If any they have, why SO much OF
the said iaDds, tenements, heredifaments.
and real estate OF said deceased should rot
1e sold as will be sufficient to pay his.
debts or the residue thereof, as the case
may require
Dated May 18th, 1904.
ALFRED ELMER MILLS.
A true copy from the Minutes. Judge. sc
DAVID YOUNG, Surrogate 81
The Morris County chronicle. [volume] (Morristown, N.J.) 1877-1915, 1904-05-31

beautiful and cost but a trifie, COM
paratively speaking. The one shown
in the illustration may be made of ma
terials which in other ways have out
lived their usefulness and are lying
idle in bureau drawers. To make this
shade buy simple paper design ready
made and cover with soft green, vel
low, scarlet or violet silk, finishing
with puffs If extra elaboration is want
ed. Trace designs with narrow rib,
bons, as shown in the picture. But the
ribbon design is not necessary to a
charming effect, which is easy to at
tain.