Durango semi-weekly herald., 1907-07-04
TELEGRAPH NEWS.

against the New York Central rail
road. Recently the railroad company
announced an increase in Communication
rates on the Harlem division, with the
result that the company was assailed
with protests from the commuters of
Mount Vernon, White Plains, Tucka-
hoe and other nearby towns. These
protests, failing OF effect, meetings
| were held by the commuters and reso-
iutions adopted to boycott the railroad
until 1t shall restore the old rates, the
| commuters meantime riding to and
from New York on trolley cars.
Rome, July Mrs. Griscom, wife of
the American ambassador is quite Ill,
| though her condition is not regarded
as serious. Her young son was pri-
vately baptized the mother not being
able to be present. The child was
named Bronson Grsicom. The god
parents We're Bronson Winthrop and
Miss Gladys Vanderbilt
Washington, July 2.-The banks of
the country, as represented by the
American Bankers association. have
appealed to the interstate commerce
commission to issue an order stopping
the Wells-Fargo, Adams, United States
and other express companies from do
ing any banking business.
The basis for the complaint is that
the express companies, by issuing mon
ey orders, selling exchange and doing
other business in competition with the
banks. are placing the banks at un-
due and unreasonable prejudice and
disadvantage. The express companies.
as common carriers, IL is declared.
are violating an interstate commerce
law by engaging in other business than
that directly appertaining to common
carriers. The banks set forth that in
transferring money they are compelled
to call upon the services of the express
companies, who are their competi-
tors, and that while the banks are re-
CURED to pay regular rates upon the
money sent by express, the express
companies send their money from
point to point at much less expense
and are thus enabled to cut the rates
charged by the banks for drafts and
other forms of commercial paper.
The banks again find the competi-
ton undesirable because the express
companies do not keep sufficient funds
ON hand in all their Offices to pay
money orders. drafts, exchange, etc,
as presented, with the result that in
many instances those who receive or
ders for money upon express compa-
nies are in the habit of depositing such
mediately receive credit, whereas the
banks experience delay in cashing the
orders.
1t will be n serious blow to the
express companies should the com
mission issue the order asked for, be-
cause the money order, draft and
change part of their business is very
profitable.
Washington, July Following
closely the news that the armored
cruisers, Tennessee and Washington,
were to be sent to the Pacific, infor-
nation leaked out of the navy depart
ment that the entire battleship fleet,
sixteen strong, will be sent there. IL
is not to be hurried, but will be on
its way either via the Horn or Suez in
twelve or fifteen months. President
Roosevelt has been going over the
situation with Secretary Metcalf and
the secretary has gone over 1t in turn
with the highest naval officers. Plans
for the movement have been formu
lated by naval officers and the presl-
dent has approved the plans. Not
only is there to be powerful armored
cruiser squadron on the Pacific but
battleship force that need fear no
enemy in the world.
Santa Fe, July To-day Arthur
Trelford, superintendent OF the terri
torial penitentiary, positively refused
to turn over the institution to his sue
cessor, appointed by Governor Rey-
nolds, claiming the acting governor
has not the right to remove him. The
governor has taken action in the mat
ter and force will be attempted ap-
parently. A third demand for the Of
fee was made this morning and re-
fused and by strategy Trelford was
elected and Sheriff Literal Of Ration
took possession.
Cleveland. o.. July WEARY OF
lodging United States marshals. John
d. Rockefeller decided to surrender
himself to the United States authori-
Ties and testify in the federal court
in Chicago in the Standard Oil cases.
The oil king through his counsel made
arrangements to give himself up SO
that hereafter he would be free to
90 wherever and whenever he pleases
without being bounded by process
servors. According to the present pro
gram, Rockefeller will arrive in Cleve-
land Saturday to spend the rest OF
the summer at Forest Hill. On his
arrival he will be served with sub
poena to appear before Judge Lands
in the United States court at Chicago
July 9Th.
New York, July 2.-The extensive
festivities being arranged for next
month at the Breakers, the Newport
home OF Mrs. Alice G. Vanderbilt will
be in honor OF the distribution OF one