The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-01-03
CARNEGIE FAR
AHEAD IN RACE
Has Rockefeller Badly Beaten
in the Game of Giving
Away Millions.
BLACK HAND AFTER STARS
HOBO BUSINESS GOES TO THE
DOGS IN AMERICA.

New York. Jan. 2.-What promises
to be a highly interesting and, from
the pubIic's point of view, highly
nrofitable war between the country
most prominent multi-millionaires Is
that apparently waged between Carne-
| pie and Rockefeller for leadership III
the field of philanthropy. While there
is no avowed rivalry between them III
! this respect it was remarked as hote
worthy that directly following the an
nouncement of Mr.. Rockefeller-s SlIl
of 81 600 600 to the institute of medical
research which bears his name, MT.
| Carnegie came to bat with s2,VOO,VVo
| addition to the endowment OF the Gar
negie institute in Washington,
According to the records so tar as
! they have been made public, the greaI
steel master has given away 1886. oSs,s5e
to the various objects of his beneh-
cence, while the oil king has parted
| with S1O6, 355. 900 for philanthropic puf-
| poses. This leaves Mr.. Carnegie with
a lead of a trifiing S29, 9S4.950 With the
| resources of Mr.. Rockefeller however
this handicap is by no means insuper-
/ able. as is indicated by his single glft
of s92, 000, 900 to the general education
| board. Ordinarily the public Is more
| likely 20 suffer than to profit by con-
test between men of great wealth, bur
! there seems to be no reason why 1t
should not sit back and applaud a race
for supremacy between the world s two
greatest givers.
How Stars Are Held Up.
Theatrical regulations made or un-
| made to order might well be the mot
to of the terrorist organization Cperat-
I nd q
| whose existence has just been brought
to light New York has long been
! known as the home of various gangs,
! American and foreign. The Black
] Hand has hourished here. the Hun
/ chakists have had various murders at
tributed to them. and Chinese secret
societies have from time To time turned
the city's Chinatown into battle
| ground One and all however, in their
| various fields of accomplishing their
ends have Tesorted TO force.
The new society does nothing OF the
sort. 1t is organized to make money by
| blackmailing theatrical and operate
stars of new discovery, and It's meth
| DDS as now brought to light are direct
| and peaceful, as weH as apparently et-
fective In many instances. When
new operate star has been about to
make the initial appearance on which
so much depends, a member Of the or
ganization would approach him or her,
as the case might be, and demand a
certain sum Of money.
In the event of it's being paid tremen-
dous applause would be guaranteed for
the first appearance, but if the demand
| were refused the star was told ne
would be Kissed and ruined. Most OF
the prominent singers coming from
! foreign countries where a kissing on
! the first appearance does mean
ruined reputation, promptly paid. AT
last. however, one drawer than the most
rebelled. exposed the plot and so
| brought TO light the most ingenious
system of Matchmaking discovered in
New York in many years.
Beyond the Dreams of Avsrice.
The biggest bill which the world has
ever known or is likely to know, is one
held by a New York woman against
the English government. Compared to
its incredible total the national debt
| becomes but a drop in the bucket. and
all the wealth of the richest man in the
world would not pay the interest on 1t
for week Its total is 500, 1893 400, 62S,-
100 900. 900, 100000 or more than ninety
three septillions of American money.
To pay it would ruin Great Britain
and. in fact. if it should be paid, the
whole British empire would become the
private property of Miss EustaphievO,
the claimant, who could then, without
missing it, present the British isles to
Father Knickerbocker as q playground.
As matter of fact there is not
money enough in the whole world TO
settle this obligation, and it therefore
has a very slim chance of being paid
Most of the amount is interest on the
claim which is an inherited one and
dates back nearly 200 years. During
the hundred years war between Eng
land and France the Italian banking
house of the Peruzzi. from whom the
present holder o. the claim is descend
ed. financed the campaign of King Ed
ward III
For the money thus advanced a bill
has been presented to the British gov
eminent every ten years, and il Is
largely the interest which has been
piling up enormously during seven cen
| turtles which now gives the account its
unbelievable total. Curiously enough
the bill has never been reDudiated, ii
has simply been neglected. But
whether or not it is valid. it certainly
is not collectible for the simple reason
that there is not enough money in eX-
istehce to pay it. A settlement on
basis of even one dollar on every mill
lion would still mean a payment of
more than nine quintillions of money
Bank Directors Must Work.
Brooklyn is apparently more widely
awake to existing conditions and needs
i'm connection with matters financial
than its reputation might suggest As
a result of the recent panic the Brook
Iyn grand jury has handed down the
strongest general Indictment in many
moons. directed against directors VINO
do not direct" Being member of the
board of a bank or trust company
ought to be a real job, it was held, and
; the grand jury scored numerically the
practice which IL found to prevail
among certain institutions of electing
to their boards directors of excellent
name and repute, but of striking care
Iessness and neglect so far as their du-
, ties were concerned
Already. as a result of the knowledge
gained from recent happenings, the
tendency of the public has been to
withhold business from institutions
whose directors have been dilatOry in
their duties and to give il to others