Durango semi-weekly herald., 1906-01-01
'.'i'o' hanI%ini. h,lIi socisl,
NEW Yun.

NAoiiiNG ION, Dec. 2S.-Mis
Roosevelt will go to New York tn,
latter part of January, presumably t,
make the final additions to her trous
seau.
NEW YORK, bee, 2s.-Call none,
broke all records since December
1893, on the stock exchange. when #
jumped to 125 per cent this morning
A loan of s4OO.O0O was made ON tbi.
basis at 1850 O'clock.
The demand for money started
within fifteen minutes of the opening
The first loan was 100000 at 80 pei
cent, and looked like an EFFORT to keep
the interest rate down. Immediately
afterwards loans were made at 10 per
cent increases between quotations
Banks began calling in loans in order
to cover January disbursements. This
| accentuated the situation and 10 per
| cent call money was reached by IL
o'clock, Just before noon the rate
dropped TO 90. Amalgamated Copper
steel, Union Pacific and the local
fractions became among the weakest
stocks on the market. Amalgamated
Copper dropped two points in as many
minutes, and then rallied a fraction
NEW YORK. Dec 2S.-The New
York investigating committee init
mated to President Mccall today that
lhey expect him to dlsgorge S235,U0O
le permitted Andrew Hamilton the
obbyist, to get from the company
asst year. Hamilton in his statement
says that he used most of this money
or retaiuers, newspaper articles and
legislative influence in the interests of
he New York Life. and admits that
rom 1899 to 1905 ne received $4,000
or these purposes. He used it all
ne declares, except balance of about
100000 which he is ready to turn
over TO the New York Lite as eyi.
lence that his accounts are all right
The fugitive lobbyist makes very
ingenious statement, but it is not sat
sfactory TO either the Legislative com
.nittee or the New York Life officials.
NEW YORK, Dec. 2S.--Lou Payne,
ormer state superintendent of insur
lnce, was asked by the insurance in
7estigating committee today if he had
/ sser accepted $4,000 in connection
With the investigation into the Mu
tual Life's reserve.
Payne replied: 1T is unquallAedly
ialse. That report grew out of po
'itical fight" When asked If he was
paid any money at ALL lie said: "Ab
olutely none. in this matter or in
my other. Any man who would come
% me with a suggestion of that kind
would be lucky To get ont of the office
With his head on his shoulders"
DENVER. Dec. 29.-At the State
Teachers convention today a ripple
If excitement was created by the cold
aim statement of Mary E. Gill, su
1erintendent OF schools for Larimer
county. who declared that the present
methods OF teaching give immora
deas to the children. A thousand
eachers listened to. this statement
With interest
Miss Gill complained of the preva
ent custom Of rushing children
through grades without laying a good
'oundatlon She told how pupils
were stuffed with study from Monday
o Friday, bringing home n monthly
report showing an average attendance
If from 10 10 100 plus. and being Civ
IN a standing for promptness when
ney have been tardy and full attend
lnce when occasionally absent. The
eachers did this because of rules es
ablished by their predecessors.
"This falsifyng' said Miss Gin
start on the path Of wickedness
md leads to destruction. The child
given no idea of its moral obllga
ions and is turned into the world
With the beginning Of a criminal"
NEW 1OitN, lJtCs GJ-pONeTnDi
)dell is out in an attack on the pres
dent today more bitter than the pre-
'eding one. He declares he will put
his foes on the gridlron and will pub
ish his dealings with President Roos
welt. which. he claims, are much to
he discredlt OF the executive.
ROME. Dec. 29.-The Italia today
ays that Princess Emma of Batten
erg. soon 10 marry King Alfonso o
pain. viii come to Rome next month
nd enter the Catholic church before
ecoming a bride.
CHICAGO. Dec. 29.-secretlry
shaw. accompanied by several bank
RS, tramped the streets in driving
inow storm this morning on what is
mid to be an effort to save the finan
ial situation. Shaw regards condi
ions on Wall street as serious enough
enlist most strenuous efforts. He
| ,tarts for Washington tonight. Shaw
lenled having stated that Banker