davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1907-12-29
INCORPORATED BY LOUIS XIII.

of course, the academies, have pointed
out above. are considerably older than the In
sttute Thus. the oldest of them all is the
Academic Francaise, which came into exist
ence in 1922 when a certain number of lit
erary men began to meet at Paris. at the house
of NJ Conrard, for the purpose of discussing lit
erary matters The fame of these meetings.
though the members were bound over to secrecy.
at length reached the ears of Cardinal Richeeu,
who prompted partly by literary aspirations
and partly, too. hy-~belief in the policy of con-
ciliating men of learning and letters. offered to
incorporate them by letters patent. These
granted by Louis XIII in 1886. in which it was
set forth that the Cardinal was TO be the pro-
tector of the corporation. which was to take
the name of the Academic Francaise,' and
that its principal function should be "the purif-
cation of the French language" and to labor
with all care and diligence to give certain rules
to the language" and to cleanse the language
from the impurities which 1t has contracted in
the mouths of the common people. from the jar
Eon of the lawyers from the misusages of g-
norant courtiers, and from the abuses of the
pulpit
Nowadays the Academic Francaise is devoting
fits attention TO the compilation OF a standard
dictionary Of the French language. which at the
actual rate of progress may possibly be finished
about a couple of centuries hence. since every
word is the subject Of prolonged discussion. and
fifty years has not brought it beyond the
fourth letter of the alphabet Opinions differ as
TO the value Of the Academy TO French litera-
ture. and there are many who insist that, while
1T may have raised the general standard of writ
ing, it has by its intense conservatism tended
hamper and crush originality. Certain it is that
some Of the greatest lights of French literature
have been excluded from its portals, which have
been thrown wide open to nlediocrities But
with all that, it enjoys prestige, both at home
and abroad, superior to that of any organization
of the kind in the world. and as such is entitled
to profound respect on both sides of the Atlantic
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
N ANp

Loans ave been called by the leading
New York banks and II is understood that
IA number of time loans which nave been
falling due and will mature up to the end
of the year have not been renewed. The
time money and mercantile paper markets
continue nominal. There was talk of loans
for GO days at Z to 8 per cent; for 80 days
z to s per cent, four months ~ per cent.
and for five and six 61h to Z per cent. The
sub-treasury has gained 81. 715,000 from the
banks since Friday and was a creditor al
the Clearing House for $237.237.
Commercial bar silver in London 55sa
cents, Mexican dollars "A cents, bar silver
in London 25&d.. premiums on gold at Ma
drid 1925 and at Lisbon II.
Paris rentes 96 francs 15 confines. PARIS
private rate of discount 4G4A per cent,
exchange on London 25 francs 1914
confines. Berlin private rate of discount
M per cent; exchange on London 20 marks
50 pigs.
Money on eal in London and rates of
discount for both short and three months
bills remain unchanged. Consols for money
S2ssd. for recount S27sd. HI Bank of
England today received e11s,OO of bar gold
and sold e1t, 900.
The foreign exchange maS&et held an
easy tone today. Demand sterling was
quoted 4s,57014.S5%; cables, 4.S670aA.S6%
sixty day bills 4,S01s; short francs 6.lSA
short MARKS "a 11-I6.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
DIVIDEND EcLARAr1oNs.

National Licorice Company, regular quar-
terly OF IA per cent. on tsspreferred stock,
payable December 81. Books close Deem
Der rs, reopen January 2.
National Sugar Refining Company. regu-
lar quarterly of, TX per cent. on its pre-
ferred stock, payable January 2; books
close December 6, reopen January 9.
chicago. Rock Island and Pacific Rail-
way Company. quarterly Of ~ per cent
ayabi January 2; books close December
20. reopen December %.
Cruclble Steel Company of America, quar-
terly OF per cent. on its preferred stock.
Mergenthaler Linotype Company, regular
quarterly of 2s per cent. and an extra of
& per cent, payable December 81; books
close December IA. reopen January 2.
Canadian Westinghouse Company, Ltd.
regular quarterly of III per cent, payable
January 10; to stockholders of record De-
cember 81.
Northern Central Railroad Company, reg
ular semi-annual of 4 per cent, payable
January Is; to stockholders of record De-
cember 81.
Union Passenger Railway Company. semi
annual OF A.I5 on the capital stock. payable
January 2; to stockholders of record De-
ember IA; books close December IA, reopen
January 2.
Canadian General Electric Company,
regular quarterly of 2k per cent. on its
common and Ia Der cent. on its preferred
stocks.
United Fruit Company, regular quarterly
of " a share, payable January Is: to
stockholders Of record December 26.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
KELLOGG CwOLLAPSES
BIG LAWYER OVERCOME BY
OIL TRUST FIGHT. q.
standards Prosecutor Stricken In Midst
of Speech at Minnesota So
ciety Banquet. "

NEW YORK, Dec. 10.-1n the midst OF
bis sneech at the annual dinner Of tho
minnesota Society, of New York. last
night, Frank Kellogg. of ST. Paul Minn'
who is the prosecutor in the case OF the
limited States against the Standard on
company for a dissolution or the corpora
ton. suddenly staggered, placed his hand
N his forehead and sank to his chair IN
a faint.
He was removed to an ante-room, where
later he was revived. 1t was at first feared
that the illness was serious, but the physa-
clans. who attended III soon afterward,
announced that Mr.. Kellogg had been over
come only temporarily by fatigue que TO
overwork, combined with an attack OF II
digestion.
Mr.. Kellogg had spoken Of the prosperity
of the country and had just declared there
were some things in President Rooseveits
administration to ~criticise when he was
attacked. After uttering this sentence, the
sneaker paused a few moments, then
added: II cannot proceed, gentlemen; I
am weak and sick. SO you must excuse
me-
He then turned very pale and collapsed
in a dead faint In his chair. Had not meme
bers of the society rushed to his side ne
would nave fallen to the floor. lmmeosate
EFFORTS were made to revive him, bat, these
being fruitless. Mr.. Kellogg was conveyed
TO an ante-room, where a physician at
tended him and in a few moments restored'
consciousness.
1t was then announced that the attack
was due to Indigestion, superinduced by
fatigue, brought on by overwork. Il had
not felt well all day." Mr.. kellogg satds
"but expect to be all right tomorrow
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
81. 100000 SEWER
CONTRACT AWARDED.

MOUNT VERNON, N. Y. Dec. 1o.-rhe
commission appointed under an act of the
Legislature to build the Bronx Valley
trunk sewer. which is to drain the terri
tory from North White Plains TO Yon-
kers, a distance of twelve miles, with an
outlet in the Hudson River fifty feet from
~tidewater, has awarded the contract for
the construction to the Mack Paving and
Construction Company, of Philadelphia.
OF the t~wenty-four bidders this firm
was declared by the commissioners to be
the lowest responsible bidder for the en-
tire work.
The Mack companyss bid arete&ated
about Sl,So0,0Qo. which will be sl50,GW be-
low the maximum amount appropriated BY
the Legislature.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
THE PRODUCE MARKET.

NEW YORK, Dec. M-Flou-Receiptsx
1909 barrels; sales, 1900 barrels. Dull
and barely steady.
Wheat-Receipts, $4,000 bushels: sales,
100000. Lower cables, weakness in Wall
Street and big Northwest receipts caused
a q cent drop in wheat prices this morn,
ing. May, 10fA61071z; July, 102 15-16.
Rye-Barely steady; No. Q Western so
+. o. b. New York.
C~orn-Receipts, s,675 bushels; sales. mona,
Beef-Firm; family. 15.00G15. 80; mess
10. 50Q11.00 packet, 12.00d12.50.
Lard-Easy: Western prime, S.sO@S.40
nominal. I
Sugar-Raw, quiet; fair refining, s.15s
centrifugal IS test, 3.621a; molasses sugarSI
2:S5. Refined, quiet; crushed, $50; pow
dered, 4.90; graduated, 4.80.
8.7068.75.
Coffee-Quiet; No. Z Rio. 6; No.. 4
Santos, ~.
Molasses-Quiet New Orleans, 34942.
Butter-Steady, unchanged; receipts, 9.04&.
CheeseLQuiet. unchanged; receipts. NO22. !
Eggs-Firms unchanged; receipts, 1881,
l2Q15; turkeys, 11617; fowls, 1908.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
GOLD DEMOCRAT LEADER
VICTIM OF PNEUMONIA.

COLUMBUS. Dec. 1O.-Joseph H.. Outh-
waite, formerly Congressman from Ohio,
is dead at his home of pneumonia. He
celebrated his ~sixty-ffth birthday last
Thursday.
He was one of the leaders In or
ganizing the gold Democratic movement
in 1896 and was an elector on the Palmer
n Buckner ticket. After retiring from
Congress he served five years on the forth
fications board.
For the last two years he had been dean
of the law school at Ohio State University.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
THOMAS ELECTED TO
HAVEMEYER VACANCY.

NEW YORK, Dec. l0-W. b. Thomas
today was elected acting president of the
American Sugar Refining Company, to fill
the vacancy caused by the death of II. o.
Hnvemeyer. The vacancy in the board
OF directors, caused by Mr.. Havemeyer's
death, was filled by the election of his
son. Horace Havemeyer, to that position.
Mr.. Thomas, the acting president. as a
vice-president of the company, has been in
charge of the %company's refineries at
BoStOn.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
DECEMBER MINERS PAY
LARGEST FOR THE YEAR.

SHAMoKIN, Pa, Dec. 1o.-Several mil
lion dollars in wages will be paid the
anthracite mine workers during the pres
ent month. Most of the money will be
in the hands of the men before the holt
days. The Reading Company has notified
the Aocal banks that it will pay its en-
ployees 81. 100000 in cash.
There will be big pay-rolls in the upper
coal fields and also in the middle dis
trict. TIL mines have been operated
steadily all year, and this months pay
will be the best in 1907. as wages are now
6 per cent, above the $3.50 basis fixed by
the strike commission
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
MEAT TRUST CASES SET.
Supreme Court Fixes the Hearing fol-
January 90.

WASHINGTON. Dec. 1O.--The SUI
preme Court has advanced and set
for argument on January 20 the cases
involving four of the companies com
posing the so-called Meat Trust, who
were convicted and ned SIG. 900 each
for accepting rebates on meat products
intended for export.
The principal point at issue in these
cases is whether they could be brought
in the Western District of Missouri
under that provision of the Elkins law
permitting such action in any district
through which the shipments passed.
or alone in the district of Kansas. in
which the shipment originated.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
R A NEED NOT STOP.
Supreme Court Rules In Favor Of
Coast Line.

WASHINGTON, Dec. 1o.-The Supreme
Court has reversed the judgment on
the South Carolina Supreme Court in
ordering the Atlantic Coast Line to stop at
Lolita, a town of 463 inhabitants In that
State.
The order related to a through train run
ming between Jersey City and Tampas
known as the West ndian limited.
The Federal Court, in reversing the judgs
ment, held that under the circumstances
the order was an interference with inter>
state and therefore void.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
zee LONDON MARKEy.

LONDON, Dec. M-American securities
open dull and easy today. prices de-
clined during the early trading and at
noon were 4 to ~ below yesterdays New
York closing.
There was 2 hardening following receipt
of New York's opening prices, but weak
ness again developed, and the market
closed easy.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
POINT FOR EQUITABLE.

WASHINGTON. Dec. 1O.-The Supreme
Court has granted the application Of
the Equitable Life Assurance Society of
New York for a writ of certiorari to re-
view the judgment OF the Federal Court
OF Appeals of New York in ordering that
society to answer allegation of fraud and
acknowledgment brought by j.. Wilcox
Brown on behalf of the stockholders
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
NO REBATE FOR HEIMzE.
Fine of $4,000 Against Him and
Others Must Stand.

HELENA. Mont, Dec. 10.-An echo Of
the noted litigation between the Amalga-
mated and f. A. Helnze came up in the
Federal Court when Judge William F.
Hunt handed down his decision denying
the petition of +. A. Heinze. Alfred,
Frank and j. II. Trerise for the return
Of $4,000 as fine paid upon a judgement
holding the petitioners guilty of contempt
for violating the courts injunction re-
straining them from extracting ore within
the limits of the Michael Dewitt mine in
Bntte.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
CARGO WORTH 100000
Lake Steamer Gets to Buffalo with
421.oOO Bushels of wheat.

BUFFALO. N Y. Dec. 10.-The 6O5-foot
steel steamer Legrand S. Dergraff, of the
Western Transit Company of North Tone-
wandas is here from Superior with 42i.000
bushels of wheat. the largest cargo ever
loaded on the Great Lakes.
II smashes the record held by tho
steamer William NJ. Mills. of the same,
since November q. when she arrived IN
Buffalo with 10000 bushels Of wheat.
The value of the Degraff's cargo is $780,
900, and her owners got ~ cents a bushel
for carrying it from Superior to Buffalo.
Make up your mind nov that you will in
crease your sales Advertise in the STAR.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
CLOSED RANK RESUMES.

KANSAS CITY. Dec. l0-The second
small bank affiliated with tho National
Bank OF Commerce. which closed when the
parent Institution failed last Wednesday,
resume business today. It was the stock
Yards Bpnk Of Commerce.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
AGED BANKER DEAD.

NEW ORLEANS. La, Dec. 10-Peter
Hellwege, a prominent banker Of this
city, died today at his country home at
Waveland, Miss. He was a native of
Nevenfelt, Germany. and aged GA.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
T T

WASHINGTON, Dec. 10-The Depart
ment Of Agriculture estimates total cot
| ton production for year 19o7-0s at $751;
5000 pounds. equivalent to 1850 bales
Of 500 pounds each.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
GOLD FOR

LONDON, Dec. 10.-Bnrlon amounting to
e119.0o0 was taken into the Bank Of Eng
land today and $4,000 was withdraw for
ehipment to the United States.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
KANSAS CRY CLEAR1Nas GROW.

KANSAS CITY. Mo. Dec. M-With the
largest bank In Kansas City closed, the
bafik ciearings today amounted to the SUR
prisingly large total Of s6,214, 6sl, s70S,Sss
more tnan on The corresponding day a year
ago.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
NEW YORK PRODUCE EXCHANGE.

Furnished by Byrne & Mcdonnell, stock
brokers, 800 Broad street. Telephone 90.
Opening. Closing.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10

F1esioent Wilson: Of Princeton. suggests
fessor Of things ia general = = pro-
But wouldn't he Sc ant to ,nterfsre ms4h
~ sYllese professor who knows il sufs-
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
LOCAL SECURITIES,

The appended list of quotations on the
active local securities is furnished by Her
man ]. Egner. room Cos. Prudential build
Rid Asked
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
NEW YORK OUTSIDE SECURITIES.

The following quotations are furnished
by Van Schaick & Co.:
Closing yester- Close to-
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
CLOSING PRICES.

Following are tho quotations OF the days
closing prices. bid and asked. as furnished
by Byrne & Mcdonnell. stock brokers, 500
Broad street Telephone SIS:
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
NEW YORK STOCK MARKEr.

Following are the quotations of the days
prices. as furnished through Byrne C Nc
Donnell, 500 Broad street:
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
PRICES OF BONDS.

The following quotations were furnished
by Post & Flagg:
Onon uiob ou CIoro
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
BOSTON STOCK MARKET.

BOSTON, Dec. N-Following are quota
tlons of the active stocks dealt In on the
Boston Stock Exchange:
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
CHICAGO BOARD OF TRADE.

Furnished by Byrne & Mcdonnell, stock
brokers, 800 Broad street. Telephone 61S.
Opening. Closing,
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10
BUSINESS M FINANCE.
NEWS AND NOTES
FOR INVESTORS.

p. NJ. Barron. president of the Electric
Company, has issued a circular to the
stockholders conveying an offer by the
American Telephone and Telegraph COM
pany to purchase their stock. The latter
company low controls the Western Elec-
tric Company, but it is seeking to puy
up all the shares.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10

The London Stock Exchange has ordered
to b. quoted In the official list Unlteo
states Steel Corporation, Limited, S5o,-
600 additional ten ~sixty-year 5 per cent.
fund gold bonds for 81 600 each.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10

Only four banks in the United States
each subscribed for 100000 o or more Oh
the new Panama bonds.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-10

Net earnings of the American Car and
Foundry Company for the quarter end
ing October 81 were 50, no, 643 and the COM
pany declared its regular quarterly divl-
dends.
Watson's weekly Jeffersonian., 1907-11-21

tent, if necessary, of $100,000,00O.
Basis for Bank Notes.
r "The Panama canal bonds will
serve as measure of most substan-
tial relief, for, among other things,
the law expressly provides that they
may be used as basis for additional
national bank circulation.
"The proceeds of the sale of cer-
tifcates provided for under the above
section can be deposited almost SIM
ultaneously with their purchase, upon
approved security. They can be made
directly available at points where the
need is most urgent and especially
for the movement Of crops which, if
properly accelerated, will give the
greatest relief and result in the most
immediate financial returns. The ac-
ceptance of subscriptions by the sec
retary of the treasury will be made
with special reference to such use.
"Both the bonds and certificates
are attractive as absolutely safe in
vestments.
s'These measures will, among other
things, enable the secretary of the
treasury to meet public expenditures
without Withdrawing for that pur-
pose any appreciable amount of the
public moneys now deposited in ma
tional banks throughout the coun-
try"
Bids Asked for Panama Bonds.
The treasury circular inviting pro-
posals for Panama canal bonds reads
as follows:
Treasury Department, Office of the
Secretary, Washington, D. c., Nc
vember Is, 1907.-The secretary Of
the treasury offers to the public $780,
100000 of the bonds Of the Panama
canal loan, authorized by section s OF
the act approved June %, 1902, and
supplemented by section l Of the act
of December q, 1905.
The bonds will bear interest at the
rate of two per cent per annum, will
be dated August l, 1906, r'ld the in
terest will be paid quarterly on the
first days of November, February
May and August. They will be issued
in denominations of $50, 800 and
$1,000 of coupon bonds, and of 500,
$10O, 81, 900 and $4,000 Of registered
bonds. They will be redeemable III
United States gold coin, at the pleas
ure Of the United States, after ten
years from the date Of their Issue,
and will be payable thirty years from
such date. They will be exempt from
all taxes or duties from the United
States, as well as from taxation in
any form, by or under state, NUM-
cipal or local authority. They will
be available to national banks as Sc
curity for circulating notes upon the
same terms as the two per cent con-
soils of 1880, to wit: The semiannual
tax upon circulating notes based upon
the said bonds as security will be
one-forth Of one per centum. They
Watson's weekly Jeffersonian., 1907-11-21

vent. There is more currency in the
country today than there was month
ago, when the supply was ample.
Fifty-five million dollars in gold has
been imported, and the government
has deposited another $60,000,000.
These are facts; and ] appeal to the
public to cooperate with us in re-
storing normal business conditions.
The government will see that the peo-
pie do not suffer if only the people
will act in normal way. Crops are
good, and business conditions are
sound; and we should put the money
we have into circulation in order to
meet the needs Of cur abounding
prosperity.
"There is no analogy at all with
the way things were In 1893. On
November 80, of that year, there was
in the treasury but $161, 100000 in
gold. On November IA, of this year,
there was in the treasury $904,O0n,-
0O0~of gold. Ten years ago circrla-
tion per capital was $23.23. It is
now $33.23. The steps that you now
take, the ability of the government to
back them mp, and the fact that not
a particle of risk is involved therein,
give the fullest guarantees of tie
sound condition of our people and the
sound condition of our treasury. All
that our people have to do now is to
go ahead with their normal business
in normal fashion, and the whole diff
ficulty disappears; and this end will
be achieved at once IL each man will
act as he normally does act, and as
The real conditions of the country's
business fully warrant his now act
ing. Sincerely yours,
THEODORE ROOSEVELT.
"Hon. George B. Cortelyou, Secre-
tary of the Treasury
Statement by Cortelyou.
Upon receipt of President Roose.
velt's letter of approval today, the
following statement was issued by
the secretary of the treasury:
"The available cash balance of the
treasury, amounting to $240,156.-
441.85, is, with the exception of a
small working balance, now on de.
post in national banks in every state
and territory in the Union, thus plac-
ing it where it can serve the needs of
the people as far as possible under
existing law.
"The secretary Of the treasury,
with the approval OF the President,
has announced an issue Of Panama
canal bonds to the extent Of $780,
100000. 4
"He has also, with the approval Of
the President, availed himself Of GER
tain provisions of the law applicable
to the transactions OF the treasury in
times Of emergency. These provis-
ions are contained in section 80 Of the
act of June 13, 1898, authorizing the
issuance of interest-bearing certif-
Gates Of indebtedness to run for one