davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
Isusin ess Troubles.

4 petition In bankruptcy has been aled
against Adolph Himmelreich, dealer in mems
furnishing goods at 1927 and 1887 Broad
way. Judge HOugh OF the United States
District Court appointed William +. Scott
receiver, with a bond Of $4,000. and authorized
him TO continue business five days. The
stock and fixtures In the two stores are esti-
mated at $4,000. Mr.. ~Himmelreich has
been in business since 1888. part Of the time
In Brooklyn and part i'm this city, lie opened
the store at 1897 Broadway. which he called
the NOrmandie. on April Z. 1901. and the store
at 1921 Broadway in May last.
Daniel J. Macintosh. florist at iiAN Broad
way. has f,ed n petition In bankruptcy, with
liabilities s.. 80 and nominal assets s4.4Os.
consisting Of stock. 500: two wagons. $500:
fixtures. $3.50. and outstanding accounts,
S3.jS. GfrOm several hundred Gust omers.
which he has been unable to collect. The
largest creditors are Elizabeth Macintosh.
$1,000. and Richard eager. $3.50. John X.
Macintosh ls preferred for sos. beuuest
and legacy under the will of Rate Mackin-
tosh. The petitioner has been in business
John D.. Scarlet. president Of John A.
Paterson y 60: 'S9rporgtionl. importer OF
filed an answer 70 the petition in bankruptcy
hled against the corporation on December
~ by John 4. Paterson. who claimed TO be "A
creditor MIR. Scariett denies lnat the cor
poratiOn In insolyant. that il har committed
the acts of bankruptcy charged, that Mr.
Paterson Is a creditor and that the creditors
are less than twelve in number. lie asserts
that there are fOrty-two creditors. that the
corporation rs solvent. that the assets are
greatly IN excess OF the liabilities, that H. il
ness, its credit Is good and ia having no trouble
10 meeting all Of it, merchandise obligations.
MI scarlet. who VAS the principal stock
the company. Mir. Paterson was retired
az president on September 20 last.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
A LEAN YEAR, THEN FAT ONES.
President Of chicago Association OF Conn
merce ~PrOphesles q mt. .

CHICAGO. Dec. 2s.--David r. Forgan,
president of the Chicago Association Of
Commerce. to-day rave out a statement
which reads in part;
My own opinion [of the Hnancial pros
pectl is thatyAeonsideriug 1903 is ar election
year. there will he hesitation enough to
cause a great many peopie TO pa sic a
hand TO mouth policy. and that the year
will therefore fall far short of equalling
that OF 1907. | sec m reason, however, to
fear that we are in for a long period Of
hard times.
"A certain amount OF conservatism and
~shTinkage in business will do good because
credits was becoming too easy and too much
expanded before this crisis occurred. With
the election successfully YER "A safe man
in the White House and the easier money
which we shall certainly have 1 ace no
reason Why. before the year 1908 has passed.
we should not again enter on a period of
great national prosperity"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29

W MORE HAN HALF INTEREST in a
factory manufacturing patent cap for fruit and
other jars. no rubber and self sealing. An tbs
~patentee Of this and four other shoppers, also one
patent Just allowed for stopper that will NJ In an
bottle that win allow you to pour all tho contents
out, but prevents YOU from getting anything back
IN the bottle; after the stopper is once placed In
the bottle you can neither pull II Gus or push H.
In: can be made for SOC. per gross. I want some
one with several thousand dollars TO 60 In with
me: present plant will turn out zoo gross Of caps
per day with 500 per gross PROFIT. No millionaire
promoter or schemers will be noticed. A square
business man with the cash. giving name and ref
ercnces In first letter. will receive reply. A 10
REVIEW OFFICE. Atlantic City. NJ. ].
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
DIRT AND ROCK FROM THE. CANAL
Would Cover This CITY From FIHty+nInth
street Co tho Battery . Foot ThIck.

would Tower This CITY From FITty-nhnth
street 60 tho Battery . Foot 'rhIck.
WARRINGTON. Dec. 7s.-The Isthmlan
Canal Commission's offices In this city have
received an interesting report Of the amount
OF excavation accomplished during the
calendar year 1907. The report 10 in COM
parative terms N shows that during the
year now drawing to q close enough ma
terisl was ~cxoavatsd from the canal 70 put
an, earth and rock blanket over that part
Of the Island of Manhattan bounded by
kifty-ninth street and the Battery. North
River and the East River one foo thick.
and then have enough material left over
TO cover tbs entire Central Park with q layer
over ave feet thick.
The look projects Of tho canal. the report
says, will require a tremendous amount OF
cOnorete. The aggregate is shown by the
fact that the total amount required will be
sufficient to build 22.842 two story and
basement houses. 30 by % feet. Of eight
rooms each, with concrete floors and con-
crete oof These houses, each set on lta
own IS foot lot. would make throo streets,
with houses on each side Of the street,
reaching from Panama TO Colon, and there
another street from Panama to GOrgona;
o. they would make a continuous street
frosO New York to Philadelphia. with houses
left O.er TO nal q row on one side OF tho
street rom Philadelphia to Washington;
or a street with houses on one side from
st. Louis ~ Chicago. 81. Louis nearly TO
Cincinnati. or st. Louis TO Kansas City.
They would furnish suburban homes TO
about 2 1000 people, n IL crowded, as
city dwellings usually are. would house a
population equal 10 that Of the city Of
Minneapolis.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29

point commended for by Rear Admiral
@~rONnson, who resigned because the Prsai-
dent declined 10 acknowledges that naval
surgeon had no right TO exercise command
over a naval ship. III this alternative plan
10 carried out, Surgeon Stokes, who was
seleOted to command the Relief, will be
asaignOd to the. vessel merely A. supoEin-
tsndsnt OF the hospital and the hospital
force. 20
Secretary MstOalf said also that II A'crew
Of merchant seamon were given % the
Relief, with hired Okioers OF tho merchant
service. all under command OF Surgeon
Stokes. a trial FOR six months would be
given the scheme. and n the experiment
proved satisfactory the plan Of having
surgeons In command OF hospital ships
would DO made a permanent thing.
Secretary MetcalR declined TO talk for
publication to-day in regard to the inter
view with Senator Hale. In which the Ssna-
tor commended Admiral BroWnaOn for his
action. .'
1t is,knOwn. however. that Mr.. MetoalT is
N thorough sympathy with President
R~oOSeV0lt'0 decision TO place a surgeon
~ command Of the Relief and that he dis
approves Of the attitude Of Admiral Brown
con.
Commander Cameron MoRae wlnslow
the acting chief Of tho Bureau Of NaviRa-
ton, who can have Admiral Rrownson's
late once for the asking, does not want to
be chief. He will roaOh tho rank of Captain
next month and 10 anxious 70 10 to sea an
commander OF the battleahip New Hamp-
shire. All his inclinations are against
bureau duty.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
INHERITANCE TAX LAWS.
Leading European Countries Impose tho
Tax On the Progressive Principle.

Leading European Countries Impose the
"a on the Progressive Principle.
WASHINGTON, Dec. 2s.-The Department
OF Commerce and Labor has just issued in
pamphlet form a digest Of the inherltanCe
tax laws Of Great Britain, France and Ger
many, together with an outline of inheri-
tanoe taxation in the United States and a
collection Of judicial decisions relating
thereto" Tho pamphlet show hat all the
leading European countries now tax in
heritances on the progressive principle
and also that both Congress and the States
have recognized the principle in legisla-
ton.
Death duties" nave long been in general
use az 4 URGE of revenue, but Great Brit
aims finance act OF 1904 y pointed out a. the
first anywhere In Europe, except in Swift
zerland, to impose such duties at rates in
creasing with the size OF the estate to no
ticeably high percentages. France carried
the idea still further in 1901, and in the Ger
man imperial law Of 1909 the rates are so
sharply progressive that inheritances eX-
ceeding 1000. goo marks going e distant
relatives are taxed 20 per cent. In Great
Britain the finance act Of the present year
raises the maximum to about - or - per
cent.
All United States laws bearing on the sub
ject are cited. from the stamp act OF 1897
to the war revenue measure of 1898. The
war revenue law imposed a progressive
legacy tax, which was upheld by the Su-
preme Court in the case Of Knowlton VS..
moore. Nowhere in the book is there any
argument, the intention being to make a
careful and complete presentation OF the
available information on a subject regarding
which there IL q growing public interest.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29

Merchants Association and q Law Firm
Proposes 70 Take Action.

William y. King. sx-presidsnt Of ths Mer-
chants Association, and Lawyer Arthur
Baldwin. Of Briggs. Baldwin a Pierce OF "a
Pine street, went yesterdaytO the rooms Of
the Public ServiOs Commission and had a
conferences with Chairman Wilcox. The
visitors asked the chairman y the com
misalon could NOT institute proceedings
against those who we're responsible for the
mlsmanagement reputed to have taken
place in tho Metropolitan traction affairs.
Mr.. Wilcox said that it 10 not the duty
OF Tho com mission TO prosecute any cor
pOration either civilly or criminaIly and did
not propose to go outside its province. The
evidence taken by the commission could be
obtained readily by the proper persons ~
they wished to begin either a civil or Grim
inal action.
Mr.. Baldwin said chat his firm had beeh
retained to take action anu that some
thing would be done In "A lew days. fhe
firm had obtained the proxies 81 a number
Of Metropolitan stockholders. n a meeting
would be hold in the Pine street Office to-
morrow. he asserted. when a plan Of CAM
Oaign would be mapped out.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
! BUSINESS RETIVENG.
new Demand for Labor From Every
Part Of the Country.

Part Of the Country.
WASHINGTON, Dec. 2S.-Business through
out the United States, both commercial
and industrial, is r%eviving, according to
Terence v. Powderly. chief OF the division
Of information, bureau OF immigration.
The division OF information was created
by Congress as an agency TO divert immi-
grafton from the larger cities and find
places for IN unemployed alien. The
Functions Of. the division have been en-
1arged, inasmuch as Chief POwderly Is
e~ndeavOring to provide work. Tor Ameri-
cans as well a. aliens.
From July ! last until early in October
about 5000 requests were made upon
Chief Powderly to supply various forms OF
labor for factory, railroad. farm and IN
dnstrial enterprises OF all descriptions.
About the middle OF October. when the
financial disturbance became acute, many
OF these applications were cancelled. corre-
spondents saying that instead OF needing
labor they were putting on men and that
everything pointed to a ProlIonged period
there has been a renewa Of the demand
for labor. Chief Powderly say that this
demand comes from eevery part OF the
country, that il calls for mechanics, mill
operatives, factory hands. railroad builders
States has come notice that in the spring
hundreds OF thousands OF farm hands will
be needed and that every effort should be
made by the Government at this time TO
see TO il that an adequate supply Of labor
10 provided in the regions where IL soon
will be urgently required.
An Investigation has developed" said
Mr.. POwderly, that while the unusually
large exodus OF foreigners during the last
few months was the direct result OF dis
turbed financial conditions L. was not
due to the closing OF mills or factories or
cessation in the progress OF public works.
The great majority Of those who returned
70 Europe were not turned out Of employ
ment. They were alarmed by the outlook
and decided to 60 back The tide will
begin to turn early in the spring, n l
nave no doubt hat The increasing de-
mand for labor that DUR reports indicate
Ia at hand will be fully met by the supply
in this country, Augmented by an enlarged
volume of immigration. Our reports,
coming as they do from every State and
Territory in he Union, are accurate
barometers OF the national welfare Of the
country. They all point n way-in the
direction of a revival of the marvellous
prosperity that was checked, but not halted,
by the excitement that prevailed for a
time in the large money centres"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
CaaM schedule.

Schedules in bankruptcy Of the Caswell-
Massey Company show liabilities s22T,57S
and assets sl89, 24S, consisting of stock
So 40. fixtures s25 ,I9l. accounts s23, ISL,
cash S2,asR, and 100 shares of the Ameri-
can Sightseeing Car Company, value not
given. Among the creditors are the Hall a
Lyon Company, Providence, $3.50 $50;
Lincoln Trust Company, SIS 900; National
Cigar Stands Company, e7,sA2: National
Cash Register Company, A.Ssl; Huylsrs,
Sl.lsS; United Perfume Company, Boston,
q, 100, and the United Laboratory Com
pany, Boston, $1,000. Horace r.. Deming,
the receiver, has been authorized to con-
tinue the business for aixty days from
January ? by Judge Holt OF the United
States District Court.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
CASH FOR CHICAGO ROADS.

Two SyndIcatcs VIII Furnish II. Accord
Ing TO Henry 4. Blair.
CHICAGO. Dec. 2s.-The money needed by
the Chicago Railways Company to carry
forward the terms Of It's ordinance is sub
scribed and may be had whenever needed.
according to a statement made to-day by
Henry A. Blair. IL will be supplied through
two agencies-a rehabilitation syndicate.
which Ia TO furnish SI2 900. 900. secured by
fiDst mortgage bonds. and a reoTganiza-
ti6n syndicate. which is to furnish IS. O0O.O coo.
secured by ive year o per cent. collateral
notes
The price to be paid for the bonds and the
notes has not been a public, nor has the
personnel Of the syndicates. hesecurities.
Il 10 understood, will not be offered to the
public until market conditions are better.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
QUITS WISCONSIN.
Reliance Life Insurance Company says
ITS Been Driven Dus.

PITTsBUR0. Dec. 2s.-Following the lead
OF other companies OF New York. the Re
lance Life Insurance Company of Pitts
burg to-day announced its withdrawal from
the State Of Wisconsin. alleging that il has
been driven out by laws recently passed.
Third Vice-President and Secretary III. G.
Scott OF the Reliance said this evening:
mo Insurance company can issue a life
policy and maintain its business in the
State OF Wisconsin under the present laws
without loss. We believe our p~olicyholders
will be better protected by the action taken
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
Army and Navy Orders.

WASHINGTON, Dec. ss.-Thesa army orders were
issued 10 -day: '.
First Lieut.. Leartus J. Owen. assistant sur geon,
20 Columbus Barracks.
Major William A. Mercer. Eleventh Cavalry,
relieved as superintendent OF Indian industrial
school at Carlisle and IN Join his regiment
Major Delamerc Skerrett, Coast Artillery. 10 III
vacancy In pay departments and for temporary
duty in New York city.
Cap. Edward 4. KrsEer. acting Judge advocate.
rom Denver TO Fort LeaVenwOTth and thence 70
Havana for duty with provisional government Of
Cuba.
Swift. General STAFF. designated ~ directors OF
the Army War College.
The resignation Of Second lieut.. Chester Il.
LOuchein, Twelfth Infantry. accepted.
These navy orders we're issued.
Passed Assistant Surgeon II. II. Micheis. from
navy recruiting station, Kansas City.
Assistant Surgeon y. 7. DesseZ. from Naval
Hospital. Boston, 10 recruiting station. Kansas
city.
. Naval Constructor W. G. Du Bose, from naval
station. Cavite. 20 temporary duty In Navy Dc
psr1ment.
Naval Constructor T.. B~ankSon. from League
Island yard 70 naval stations, CaVits and OlonRapo.
Naval Constructor J. W. Woodruff. from navy
gard. Boston, 70 navy station. New orDesns.b
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
KNECEERBOCKER TRUST CASE
MOTION TO MAKE RECRUITERS
PERMANENT ADJOURNED.
Ju,tIcO Clark Says Time shOuld ne IlOwcd
for An DepOsItOrs 10 RAp0y tn COM
mlttee's Plan N Tor S-tOckh0Adcrs
90 SuDaOrHDo-Ho Urges Cooperation.

mIttee's Plan and FOR s~tOckhOAdcrs
to subsOrHOo-Hc Urges Cooperation.
Justice Clark In the Supreme Court at
the Richmond Borough Hall yesterday
heard tho argument on the motion OF
the Attorney General Ia make permanent
the receivers Of the KnickerbOcker Trust
Company. Jnmes Russell Solely appeared
for the company and Herbert l.. Satterlee
for the tepDsitOrs. An adjournment Of
the niOtion was asked for by Mr.. Solely,
and while Justice Clark expressed himself
a. much pleased with the excellent ro-
Spouse made by the depositors 60 the plans
Of their committees he made II apparent
that he did not like to give APPOINTMENTS.
At the. same time the Court expressed itself
~ being unQualiiedly in favor Of the cOm-
pany's rehabilitation and granted an adj
tournament OF one week.
In granting the adjournment Justice
Clark said that he expected all the depOsitOrs
who ave not yet assented TO the plan TO
make some reply to the COMMITTEES within
a week n also insisted on similar prompt
ness from the stockholders in subscribing
10 the fund Of g., 400. 900 called FOR in the
plan Of resumption.
After the hearing had adjourned MIR.
Solely said: .
"I6 was agreed by everybody concerned
in the argument, including tho Court. that
the only way To void u liquidation by the
receivers and its inevitable wreckake Of
assets and consequent loss TO both de-
pOsitOrs and stockholders would be by
carrying out successfully the plan recon-
mended by the committees. The plan has
received the commendatiOn Of the banking
community. Although II is only u week
ago that Il was sent 10 the depOsitors. an
immense number OF asseDts have come in.
The assents received in one day alone last
week amounted to more han 5000 900.
1T ia imperative hat h remaining de-
positOrs should act promptly and transmit
their assents as cary as possible i'm the COM
ing week in order that the requirements OF
the Court may he carried Out. IL is still
moreimpOrtant that thes stockholders should
bestir themselves and get In their com
pleto subscriptions. The next fey days
must therefore be a timed OF great andunited
effort on the part OF all those who are inter-
ested in the trust company"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
C. W. MORSE NOT OUT.
Denial That He Has Severed HAs Connection
with Consolidated Lines.

Charles W. Morse turned up unexpectedly
yesterday at a meeting OF the protective
committees representing holders OF Con-
bonds and protested against a statement
issued In the committees behalf on Friday
saying that Mr.. Morse had severed his
connection with tho company. Subse-
quently the following statement was given
out:
The attention OF Alvin ". Krechsehe chair
man OF the bo~ndholders' COMMITTEES Of the
Consolidated Steamship Lines. being called
20 a publication in the press stating that Mr..
Morse had severed his connection with the
company. he authorized q correction Of this
statement. It. appears that Mr.. Morse has
not severed his connection with the Con-
solidated Steamship lines or with the con-
stituent companies. but he'has been and Is
now q director Of both.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
CITIZENS SAVINGS BANK

50 AND - BOWERN. COR. CANAL ST.
0STH SEMI-ANNCAI. DIVIDEND.
The Trustees have ordered Interest A. the rate OF
FOUR CB " CENT.
per annum 10 he paid TO dcpositOrs on and after
January 2Oth on all SUMS OF SIS and qp 10 Sd. 900
which have remained ON deposit for Tue three or
six months ending December Slst. 1905. In ac-
cOrdancc with the BY laws and rules OF the bang,
Money deposited on or before January 10th VII
draw Interest from Janyary Isl. . .
HENRY HASLER. President.
HENRY SANLER. Secretary.
EMIL \. HUBER. Assistant, Sc retary.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29

Bird 8. Coler has sold his seat on the
New York Stock Exchange. W. N. Coler
a Co., in which he and l.. II. Hole are the
sole partners, will hereafter conduct their
business without a Stock Exchange con-
neccon. The Arm deals almost entirely in
municipal bonds and has practically never
traded In stocks in quantity. Mr.. Coler
has been q member snos 1875.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
WESTINGHOUSE TO PAN.
Bond and DebeDture Certificate Holders
Get Usual Announcement.

PTrrsBURo. Dec. 2S-The Westinghouse
interests to-day sent out word TO holders
o bonds that payment in full on the January
Of its convertible sinking fund
gold bonds and the debenturs certificates
would be made on and after January 1
at tho Farmers Deposit National Bank OF
Pittsburg.
Holders OF bonds had become somewhat
anxious over this quarterly payment since
the Westinghouse Electric and Manukactur-
ing Company. for which the bonds were
issued. has been in tho hands OF a receiver
for some tune. The coupon clipping viii
result In the payment out Of t2iAsfs. ..s.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
The NEW YORK. NEW HAyENtAND HAKT.
FORD RAiLROAD COMPANr..

New Haven. Conn.,. Oct. -, 1907.
To the holders Of tho First Mortgage o per cent.
bonds OF the New London Steamboat Company,
due. January l. 1904 to January l. iuA. IN
elusive:
The New York, New Haven and Hartford Rail
urer's ONCE In the city Of New Haven. Conn., or at
the once Of MessrS. J. p. Morgan q Co, in the city
Of New York. pay nc par and accrued Interest %
the date of presentation the Q per cent. First Mort
gage bonds OF the New London Steamboat Com
pany, duo January l.. 1908; January 1, f009
January I. 1910 January 1. 1911: January l, 1912
January !, islG January 1. 1914 January 1. 1913
TIL ',New XoRK. NEW HAVEN amp HART
NNNN 1av n MAvi' Tr..uv..
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29

IS NadeTland. from Antwerp for New York.
Is furnessia, from Glasgow for New York.
ID Lusitanla. from Liverpool for New York.
IS La GnscOgne. nom Havre for New York.
IS Philadelphia. frOniSouihampton for New York
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
NOTICE..

The Planters 4 Mechanics National Bank Of
Houston. located az Houston. in tho state Of Texas.
Il closing It's affairs. All note holders and other
creditors of the association arc therefore hereby
notified 70 present the notes and other claims foT
GEORGE HAMMAN. Cashier.
Houston. Texas Dec. 4. 1907.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
n INTELLIGENCE.
MINIATURE ALMANAC THIS DAT.
Sun rises. ...7IRi sun sets. O.. .i;J5' Noon rises. .li2
Hob WATER THIS DAY.
Sandy Hook / 100 Gov Island ..2s22I Hell Gate. .4:iS

ArrIVed-SArUNDNI. December a
SsCampania, Liverpool. Dec. 10.
SIS Cedric, Liverpool. Dec. 10.
So SaratOv, Rotterdam, Dec. Ia.
IS San GioTglO. Naples. Dec. ~.
~ NapOlltan Prince, Patras. Dec. ~.
Ss Hellas. AlgieVs. bee. =.
IS ArEbistan. BussOrah, Nov. q.
IS Merida, Vera Cruz, Dec. 10.
IS Himera. Rosario, Nov. ~. r
IS v. LucEenbach, San Juan. Dec. -.
IS Alamo, Galveston, Dec. 81.
SIS Kansas City. savannah. Dec. %.
SIS Jefferson, Norfolk. Dec. 81. .
So OsSabaw, New Orleans. Dec. u.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
Nv OIarcOnI wireless

S. st. Louis, for New York, was iAO miles cast oil
Nantucket lightshlp at . p, NJ. yesterday.
Ss Pretoria, for New York, was 40 miles east OF
Nantucket llghtship at I p. NJ.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-29
Merchants Ezcaanxe National Bank
of the City of New, York.

December 70, 1907,
The Board Of Directors have this day declared
q semi annual dividend Of THREE PER CENT.
free OF tai. payable on and AFTER January 2. ieoA
until which date the transfer books will be closed.
Il. v. Cashier