New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-01-07
FOR THE BUSY MAN.
Constant Reader Tells What He
Missed IN Last Week's Papers.

You said in our last talk that Charles T.
Yerkes was dead said the Busy Man What
did he do with his money!"
He gave nearly all of it to the city of New
York" was the Coonsotant Readers reply. His
estate is valued at $15,OO0,OOp, of which his wife
gets the 5th-ave. home and it's art treasures.
worth all told S5,OO0OOO. On her death this
property will become a public museum. Almost
all of the rest of the estate will be held in trust
to be used on the deaths of Mrs. Yerkes and the
two children to found a great hospital in The
Bronx. The land and building to cost $780,
COO with endowment of nearly SS.O0O,OOO.
This is the greatest single gift to hospitals in
the history of the world And the town has had
much else to talk about. The State of Missouri
started two suits here against the Standard
Oil Company, to bar the company from do
ing business in Missouri. and the other to pre-
vent the Standard from forming a pooling
agreement with other companies. Strikes affect
ed the printers the ironworkers and the chorus
of the Metropolitan Opera House"
The chorus on a strike!" exclaimed the Busy
Man We'll, that means an end to grand
opera"
Not at ALL" responded the Constant Reader,
good naturedfy The chorus demanded that it's
union should be recognized and that its MEM
bers get $25 instead OF SIS week. Mr.. Con-
ried the director, promised a raise, but only
that. So New-7ork has had opera without
chorus The ironworkers want So instead of
81 90 and their strike ted up work on more
than one hundred buildings. The printers are
fighting for an eight hour day, and to avoid
strike several big concerns, and later Harper's,
granted their demands. The strike has extended
all over the country. Financial circles have
been especially nervous Call money has been
abnormally high. and the prediction Of a big
panic by Jacob H. Schiff sent stocks down sew
eral points John A, Mccall. president of the
New York Life. got out, to be succeeded by A
E. Orr, president of the Rapid Transit Commits
sion. Timothy L. Woodruff also succeeded Ed
ward w. Scott. head of the Provident Saw
ings Life Meanwhile Mayor Mcclellan took his
seat as executive of this city for second time.
At the same time the Board Of Aldermen
made move to Dust Patrick F. MCGOWAN its
Tammany president and seat James G. Phelps
Stokes, the Municipal Ownership League candi-
date in his place. The board is in control OF
the epublican-Municipal Ownership combina-
ton. At Albany the new legislature began bust
ness. In his message Governor Higgins urged
stricter supervision of the life insurance COM
panies larger State revenues, reform OF election
laws-making political payment by corpora
ton a penal offence-more effective factory in
spection, S0-cent gas for New-YOrk City and
economy in expenditures for the canal and other
public works
But who was elected Speaker" interrupted
the Busy Man.
James w. WadswOrth, jr., elected by the
Assembly after the Republicans had finally lined
up for him in caucus" the answer. "Ac-
cordngly, President Roosevelt and Governor
Higgins who backed Wadsworth showed they
had more power at Albany than Mr. OdelI. An
OdeIl attempt to abolish the rules committee in
the Assembly failed True to the promise of
Tammany before election, Senator Grady intro
duced bill to create a public utilities commits
sion which should have greater power over all
New-York City public service corporations. 1t is