davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
HARTMAN WILL
MAKE STATEMENT
Railroad President Has. Heard
of Report of Interstate Com
merCe Commission.
PART OF POLITICAL GAME
REPORT SAID TO BE FULL OF Err
RORS,

New York. July 13.-Mr. Hartman
speaking by telephone from Arden to-
night, said:
From what / am told the report is
a political document and part Of a per-
sOnal pursuit of me. The tone of the
report and the method of its promulga-
ton show that. Imagine a court or any
judicial body sending copies of it's de-
cisionS around secretly to newspaper
publishers days in advance under
pledge to publish simultaneously Sun
day morning. That is what the COM
mission did. Their opinion was put in
type several days ago and sent to
newspapers throughout the country
with the following printed in bold type
at the head: Confidential. To All
Newspapers: This report is released
for publication on Sunday morning,
July II, 1907. and not before
Can Weather the Storm.
1T is deemed good politics to attack
me. But I can stand it much better
than the people of the country can
stand that sort of procedure on the
part of the government tribunals
charged with the duty of impartialIy
administering the laws.
II shall study it carefully and have
something to say about it later. But
from what 1 am told, it is full of
strange misstatements of fact. For ex-
ample, in reference to the Chicago &,
Alton it says that ] caused about $12.-
600, 900 to be credited to construction
expenditures in order to find an excuse
for borrowing money to pay dividends.
As matter of fact, that was a writ
ten recommendation made by President
FELTON, when I was in Alaska, and it
was adopted by the board of directors
at a meeting at which l was not pres
emit
Matter of Accounting.
again it is said that a certain meth
cd of accounting that was carried out
would have the effect of covering up
the payment of the special dividend
thereby intimating some wrongful con-
cealment. This is a most extraordinary
of the writer of the report
to make when it is considered that the
necessarily knew of the
dividend because every one received
his share and when it was published in
every financial journal at the time and
was reported to the stock exchange and
shown on its printed lists. The sug-
gestion, therefore, of any reason or de-
sire for cOncealment is most unfair.
Il am informed by those who have
examined 1t more carefully that the
article is full of errors as glaring and
as these, but / shall read
l. carefully and make a full statement
about it, particularly of my connection
with the Chicago & Alton readjustment
in a few days"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
The Drug
Store that
Makes a
Specially of
Perfumes
.DruehI &
DRUGGISTS
Phones: Bell.
100 and 1SS.
Ind. 100.
2u Main

Ladies who are particular in the
choice of their perfumes turn to
Druehl & Franken's.
The stock of fine perfumes en-
braces the favorite imported and the
most fragrant domestic odors.
Only the best is carried, but the
prices are reasonable.
We suggest Princess Irene. a deli
cate, exquisite perfume, as dainty as
the fragrance of a morning rose.
Ounce 75c.
Our Own Corn Cure will relieve the
hurt. Never fails. We have recon-
mended il for years.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
REPUBLICANS PROTESTED.

Guthrie, Okla, July 13.-The constitu-
tional convention today perfected four
changes to the constitution and made
the final revision of the legislative ap-
pOrtionment. which gives two addition
al state senators and three representa-
tives. 1t was recommended that the
state election be set for Sept. I. The
republican minority today filed a pro-
test against the proposed apportion-
ment. The convention will likely adj
jOurn Monday, after the census enum-
Grafton has been cOmnlefed
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
SECTION FOREMAN KILLED.

Bakersfield, Cal, July 13.-As the re
suit of a bad railroad accident which
occurred late last evening just above
the north line of Kern county, one man.
Silas Wright, Santa Fe section fore
man at Solita, was killed, and another.
Mexican laborer, was seriously in
jured.
The cause of the accident is should
ed in mystery as yet. though it is sup
posed the men We're struck by protrud-
ing sticks of timber
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
TAKEN BACK FOR TRIAL.

San Francisco, July 13.-Lieutenant
of Detectives E. E. Brooks. OF Detroit
Mich, left last night for the east. hav-
ing in custody Junius Paul Bowden.
wanted in Detroit on an Indictment al
leging the obtaining of $3.50 under
false pretenses. BOwden is known as
the Teddy Bear man." and was man
ager of the concern that manufactured
the Teddy bears. The charge against
him is an outcome of litigation follow
ing the failure of the company.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
DELEGATES SCATTERED.

Los Angeles, July 13.-With all Off
cial business of the National Educa-
tional associations convention trans
acted, the delegates today scattered to
nearby cities and resorts in search of
recreation. Few of the teachers are
leaving for the east today. nearly all
having planned excursions Throughout
California and the northwest.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
FURNISHED HOME
CHEAP.

Near Brigham. on y. Bench, to live i'm
and stand. Big, deep lot. lawn, magni-
ficent porch, ALI modern essentials.
House and furniture goes 5000; worth
81 500 more.
COLBORN. 10 w. ID South.
Both phones $50.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14

When you want good printing call on
the Century Printing Co, Salt lakes
printers. l65-i6I South West Temple st
Both phones, GOA
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
BRIDGE COMPANY FINED.

Washington, July 13.-The Penn
Bridge company, which is constructing
a bridge in this city, paid fines aggre-
eating 81, 500 in police court today, for
violation OF the eight-hour law.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14

Vudor Porch Shades and Vudor
Hammocks, 90 per cent off. z. c. M.
1. Carpet department
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
Music While You Eat.

Lagoon Orchestra Concert at the La
COON Cafe from to this evening.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
A HON

On East Second South, near Sixth East,
8 rooms and reception hall, pressed
brick, modern, large, deep lot, s., 500:
just on market and very cheap.
i. F. COLBORN. Sole Agent
20 ". ID So. Both phones $50.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
HELP WANTED.

Ladies clothes irOEsrs, also girls tor
ether departments; good wages, clean,
airy workrooms. Apply
TROY LAUNDRY,
43I south Sixth East Street
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14

For artistic, Up-Jo-date printing cali
on the Century Printing company, Salt
Lakes printers. 165-167 South West
Temple s.. Both phones. 6o4.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
Excuse of Mr.. Hartman.

In order to find an excuse for borrow
ing money to pay the dividend, Mr.. Har-
riman. who was In control of the financial
affairs of the road. caused S17. Al la to be
credited in December, 1889, to construction
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
Oriental Trade Affected.

1T is a matter of large significance
that our trade relations with the newly
acquired territory of Hawaii and our
Philippine dependencies, to say nothing
whatever of the newly-aw awakened lands
on the other side of the Pacific ocean.
must depend TO no slight degree upon the
competitive relations between rail car
riers reaching our Pacific coast ports
There is a further consideration of ma
tiOnai policy arising out of the history
of the Union Pacific the Central Pacific
and the Southern Pacific roads which
distinguishes a combination of sucn
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
Central Pacific Road.

lines, notably Texas lines. it is simply a
stockholding company, and controls them
In that Way
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
"High Finance"

''It is true, however, as contended. that
close examination of the method of cap
italization adopted in the case of the Chi
cagO & Alton shows that while the total
of bonds and stocks was doubled, there
was no such prOportiOnate increase in the
fixed charges of the railroad. Under the
Blackstone management 8 per cent was
paid on the stock and but a small bonded
debt rested on the property, the yearly
charges for dividends and interest
amounted to 81, 80, 9S6, whereas with the
greatly increased present capitalization
the yearly fixed charges amount to but
S3,4 ALSO. This, of course, takes no ac-
count of the present common stock upon
which no dividends are paid. The plan
adopted was to substitute long term
bonds and guaranteed stock bearing an
exceptionally low rate of interest for
common stock which paid a large divi-
dend and for bonds about to mature bear
ing a high rate Of interest. Thus the
property was not burdened with an in
crease in capitalization, no matter how
great the profits made from the reor-
ganization. However, these bonds must
some time be paid; they live for fifty
years as a debt of the railroad, and the
stock will control property which it
did little, if anything, to create.
Harvest of the Bankers.
Incidentally. it may be observed that
the bankers who manage these opera
tons appear to be richly rewarded The
testimony shows that Kuhn, Loeb & co.
received 5 per cent, or five million dol
lars of the 800 100000 of Union Pacific
convertible bonds. one-half of which was
retained by them and the other half
given TO the syndicate to whom the bonds
were sold On the 10000 shares of South
ern Pacific which the Union Pacific pur-
chased at S50.61 per share, the same
banking house received a commission of
$50 share They received a like com
mission of S2.Je per share on the Chi
cage & Alton stock sold to the Union
Pacific at $3.50 per share. 1t is sig
nficant that member of this firm re
fused TO disclose the extent of its inter-
est in these securities
The effect of the control Of the South
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
Alton Bond Deal.

For the purpose of taking up the mort
gage bonds on the road amounting to
about $780, 600. the making of improve
ments and additions and for other cor
porate purposes, the syndicate composed
of Edward II. Hartman, Mortimer l..
Schiff representing Jacob II. SchifD,
George J. Gould and James Stillman,
placed a SO, 100000 3 per cent mortgage on
the property, which, by its terms, could
be extended and bonds issued in addition
to the 100000. They sold the bonds
to the stockholders for 90 cents on the dol
lar; and, as they had acquired substan-
tally all of the stock, they obtained near
~ all of the bonds.
'Out of the % cents on the dollar thus
realized by the railroad company the
principal stockholders voted themselves a
dividend of 80 per cent on the common
and preferred stocks. The total dividend
amounted to S6,669, $50, and as 1t appears
they owned more than 80 per cent of the
stock, they received nearly all of It. This
dividend was not reported to the inter-
state commerce commission. There was
no other money in the treasury outside
of the proceeds of these bonds, with which
70 nav dividend
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14

A Holding Corporation.
THE Southern Pacific company is a
holding corporation. 1t was organized I'M
der special charter of the state of Ken
lucky in 1884. and was authorized TO &C
quire by purchase or otherwise the stocks.
bonds and securities of railway and
steamship companies Shortly after its
organization it acquired the stocks of and
controlled. and still does own the stocks
of and control a system of railroad eX-
tending from Ogden. Utah-where it con-
meets with the Union Pacific-to San
Francisco; from San Francisco to Port
land. and from San Francisco through
California, Arizona, New Mexico, Texas
and Louisiana to New Orleans. and has
since acquired a line of railroad INFO
Mexico. 1t also owns and controls line
of steamships from Galveston and from
New Orleans to New York and Havana
1t is unnecessary TO detail each separate
railway corporation owning the sections
of the various lines in these states; it Is
sufficient to say that through stock I
controls the entire Southern Pacific sys-
tenn commonly known as the Sunset
route. OF these lines the Union Pacific
has a lease and owns the stocks; Of other
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14

ton including branches and feeders.
Its surplus funds, says the report
should be used for the betterment of its
lines and in extensions.
In combustion tho ro,o-t
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17
DONE BY DEEDS.

y Thco, kmse Catering Go, to J.
II. Truly, lots 0 and II, block T.
Cearhart Park ...,.,s,.,.@...,S 5000
Anna Mary Matilla to Carl Wilen,
lW. l.2 Of N. w Ia see. 10. 7. n.
II. 0 W., ,,...,.,a,..,...,.., son
Gladys aud r. NJ. Watson to r. |.
jeffrey. W. l,2 OF lot 0. block .,
Mulkey's Addition to Ocean Grove, a0i
Daisy Marion and husband to
Standard Land Co, lot I, block 80,
MCNlufcS ..s'....,As.lt..
j. v. Marion and wife to Stand
ard Land Co. undivided one.half in.
tercst in hand in Maltnomah county
Helma Marie Brown aud husband
to Ross, Higgins 4 Co. w. AZ of
NV. Ia, Sc. la OF NV. Id ami
NE. IA of Sw. Ia sec. II, I. 9 n.
X sae 80 .
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17
The Commercial.

The Commercial evidently is not ex.
periencing any hard time, judging by
the liberal patronage accorded this we'll
known resort. Good goods. and well
furnished place surely attracts the best
class Of trade and Otto sund Is kept busy
catering 10 1t. Everyone knows the Com.
mercial as a pleasant place to spend
few minutes in. and II has long bean
recognized as q well known place Of
meeting for friends. Drop In and 500 for
yourself. Commercial street near 18th.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17
The Palace.

The Palace Restaurant Is stu keep
Ing up It's reputation for the excellence
Of It's meals, and service. reputation
that Is OF the best. and well carmel.
The doors never close at this popular
place and at any hour Of the day or
night the best the market affords can
always be had served in excellent style,
No matter how great the rush may bs
each patron receives due attention and
complaints are unheard OF.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17

was tVuNU VhSchihg w SnF"N y
over 5000 floats tor nets. which H. being
made to San Francisco, He made the
count correct but said that he would
rather count the number Of boats pass
ing over the bar in stormy weather
it's easien
The schooner Salina which was
aground on the beach about 4 or 0 miles
above Ocean Park has firmly settled
and is bRaking up, She got of fol
a while but having no tug at hand
drifted back again, she viii be lis
mantle,l AID will otherwise be a total
loss,
The Alliance is scheduled TO leave
Portland for Coos Bay on Thursday
night and will arrive in Astoria some
time Friday forenoon.
The steamer Persia, with general
cargo for the Orient arrived down at
| $50 yesterday morning and immediate
IN projected to sea, crossing out at II
o'clock
The steamer Jordan goes on the
Grays Harbor route today. Capt II
Haslam viii be in command.
The steam schooner Johan Paulsen
came down the liver Saturday night and
left out s ,nday at e:l5 a. nj. for San
Francisco.
The steamer Breakwater which left
Portland on Saturday night did not
reach here until p M. on Sunday, ow-
ing to fog ON the river. She left here
for Coos Bay at 4;l0 of the same day
She win, no doubt, be welcome at Coos
Bay as no vessel has reached that sec
'tion from this port for few weeks.
The bark Oakland left yesterday for
Knappton where she will load lumber.
The French bark Button, which was
reported outside with pilot aboard, last
week. came safely to anchor in the har'
Dor yesterday. Captain Gunderson who,
was the pilot aboard, had quite a time
of it but safely piloted his charge to q
snug harbor. On Thursday night a
heavy hurricane was met and some dam
age was done. Seas washed over the
vessel but the damage was not serious
though the anchor was nearly lost. Dur
ing the hurricane a bark was seen close
by at $3.50 p. m, She seemed to be hav
ing hard time Of it, her sails hanging
in a bedraggled condition. Owing tc
the hour and the severe weather th'
name of the bark could not be obtained
Good seamanship on the part of Capt
Gunderson finally prevailed and MI
charge was brought to open water unti
favorable conditions arose to enter port
Ferdinand Scipion, one of the crew o
the French bark Button. was taken t.
J the hospital on the arrival OF the yes
sci in port. He has been critically il
for the past three weeks.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17
Columbia ana vicvor Graphophonss
and latest records at $sA COMMERCIAL
street. A. r. Cyrus. a.


Tho Tyler still keeps up its reputa.
tion. Good liquors and polite attention
will always win. and In pursuaaos Of
this idea Clarence Tyler has made N
change in the quality Of his goods. and
has secured the services Of Uncle Gene
Lent whose genial personality makes
him popular with the Tylers patrons.
Everyone knows where the Tyler 10.
Sixth and Bond streets.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17

Try our own mixture Of coifee--ths
J. p. B. Fresh fruit and vegetables
Babollet 4 60. grocers. Phone Main
1881
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17
Now at City Hall

City Attorney Charles Abercrombie
has removed from his old quarters at 59i
Commercial street. and will, henceforth
be found at his office on the second
floor Of the City Hall. ll.30.tf.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17
Cut In Glassware

A fine stock Of cut glassware 10 shown
at Frank Hart's drug store and tho
prices on this class Of goods has been cut
to ridiculously low figures.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17
WATERFRONT news
Vessels Are Moving Along as
Of Yore.
RNoRE RETURNS 70 PORT

Quite Movement of Vessels Sunday
and Yesterday--Bark Button Arrives
After a Hard Time--Schooner Saline
Breaking Up--New Rates to Frisco.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17
Notice.

Door Mats so cents each, Umbrelk
Vases, rs cents each. You need them in
this kind Of weather. See Hiliebrsnd
4 Cor.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17

Quite a Movement of Vessels Sunday
and Yesterday--Bark Button Arrives
After a Hard Time-Schooner Saline
Breaking Up-New Rates to Frisco.
The steamer Senator, from San Fran
cisco, arrived in yesterday at ll;oS ana
left up at 2:45.
The British ship WaveTree was tow
ed down on Sunday morning, arriving
here at 10 a. m. She left out yesteday
at 10 a. m.
The schooner Jos. Dolph came down
on Sunday at ! p m. and passed out
yesterday at 2p m.
The Norwegian steamer Herm crossed
in Sunday at 3 p. m. and left up yes
terday at 6 a. m.
The steamer Sue H. Elmore came in
Sunday and is scheduled TO sail to-
morrow at ) P. m.
The oil steamer Asuncion arrived in
yesterday at TAO and left up the river
at 10 a. m.
The French bark Vile de Mulhouse,
from Hobart, via San Francisco. crossed
in Supnday at 0 a. m. In the lower
harbor she struck the sands and last
night she was pulled clear and this
morning vii be towed to- Portland by
the Harvest Queen.
New passenger rates have been es-
tablished on the Senator. to San Fran
cisco. For the winter season the rates
will be: SIS first class, Sl2 second class
and $40 third class, or steerage. Second
class accommodations will be similar 70
first class, in the dining saloon but
staterooms will not have the choice
locations as will the first-class. These
rates are expected to remain in vogue
until spring.
The steamer General Washington
took a spin along the harbor front yes
terday and appeared to be doing nicely,
thank you.
Brer Mitchell Of the Calender dock,
had ''corking time yesterday. He
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17

The steamer Senator, from SAN Fran
cisco, arrived in yesterday at ll;5S and
left up at 2:45.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17

lOiiet Lasea--
Toilet cases that are beauties. Of diff.
ferent varieties. can be had at Frank
Hart's drug store, and at prices that are
astonishingly low. There Is large stock
TO select from.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17

The British ship Waverree was tow
ed down on Sunday morning, arriving
here at 10 q. IN. She left out yesteday
at 10 a. m.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17

was found checking up shipment OF
over 5000 floats ior nets, which Il being
made to San Francisco. He made the
count correct but said that he would
rather count the number Of boats pass
ing over the bar in stormy weather,
it's easien
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17

The schooner jos. Dolph came down
on Sunday at ! p. m. and passed out
yesterday at Q p. M.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17

The Norwegian steamer Herm crossed
in Sunday at p. m. and left up yes
terday at a. m.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17

The steamer Sue II. Elmore came IN
Sunday and is scheduled TO sail to-
morrow at 5 p. m.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17

The Alliance Is scheduled to leave
Portland for Coos Bay on Thursday
night and will arrive in Astoria some
time Friday forenoon.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17

The steamer General Washington
took spin along the harbor front yes
terday and appeared to be doing nicely,
thank you.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-12-17

The steamer Jordan goes on the
Grays Harbor route today. Capt II
Haslam will be in command.
The county record. [volume] (Kingstree, S.C.) 1885-1975, 1907-03-14
A WATER WITCHER.
The Way an Expert With Witch
Hazel Boush Worked.

1t may be that his errand was In
the nature of cheerful gamble aft
er other resources failed, but the
fact remains that Mr.. Eastman was
on the ground equipped for busi-
ness and that the train waited upon
his investigations.
His outfit was simple. A friend,
acting as assistant "witcher," car
ried a bundle of freshly cut witch
hazel boughs, trimmed in V shaped
branches, the leaves and buds still
on them. The two men disem-
barked.
Mr.. Eastman, stout, conventional
as to dress and looking as essential
ly practical as a veteran railroad
man ought to appear, took one of
the V shaped witch hazel boughs
and tightly grasped the plant ends
in his two fists, holding the point or
crotch upright. Thus equipped he
moved sedately across the prairie.
The witch hazel remained upright
for perhaps fifty feet. The crowd
trailed in behind, vastly curious.
Presently the bough began to turn
or waver. The inverted V twisted
slowly until it was parallel with the
earth or pointing straight out from
the bearer.
He slackened his gait and moved
ahead, while the telltale bough
moved slowly down until it was
pointing toward the soil. Now the
"water witcher" had it so grasped
that it was twisting in his fists, and
the tender bark along the plant
ends was beginning to break, show
ing that some force other than mus
cular effort was pulling the bough
toward the earth. When it pointed
straight down, he stopped and heel
ed mark in the grass.
Then he moved on, and very slow
ly the branch began to rise until at
length it had returned to the per-
pendicular in its original position.
The vein of water had been passed,
and the witch hazel was no longer
attracted.-From GA Water Witch
er of Prairies," in Outing Maya
zine.