Semi-weekly herald., 1909-06-24
TELEGRAPHIC NEWS

minarMg In disagreement of The
jury, with ten men determined on ac
quittal and TWO steadfastly resolved
upon conviction, the trial of President
Patrick Calhoun. of the United rail
roads. came TO an end at noon yester
day
Five. months and week has trans
pited since the wealthy street car
magnate and descendant of Patrick
Henry. made his first appearance in
court to answer to the charge of of
fering bribe of four thousand dol
lars TO supervisor 10 obtain privi.
lege for his corporation and a period
of twenty-four hours had been con
sumed In fruitless deliberation. Not
until each juror pronounced as hope.
less the prospect of verdict was an
order for their liberation made by
Judge Lawlor The prosecution and
defense gave assent to the discharge
and the proceeding ended within a
period OF fifteen minutes Five bal
lots We're taken. Upon the first the
jury stood eight for acquittal and four
for conviction. Two of the four Joined
the majority, One of the remaining
Two announced his determination to
remain out month If necessary.
I'll am ready TO try this case again
and will so ahead tomorrow if nee.
essary," said Henry an hour after the
adjournment.
SIT NERTON Iupa %, rrt. t.
rink was iammed Saturday night by
lovers of the manly art. There were
three events, the first. preliminary
between the Gray boys. being very
good
The main bout was between Harry
Alyarado and Arienborn, scheduled
for twenty rounds, for the feather
weight championship of Colorado, and
side bet of 500. The decision was
, given Erlenborn in the fourth round
when Alvalado threw mp the sponge
must to the disgust of the audience.
The next bout was between Sailor
kesS and Spider Ayers This was
All exceptionally good display of skill
and hard hitting. Kelley being knocked
xut in the third round.
SOUTHAMPTON, June 2i-The
Red Star steamship ICELAND from AM
werp for New York. put in here last
night badly damaged as the result of
collision east OF Dover with an un. |
known vessel The ICELAND was pro-
ceeding slow through a dense fog
when she struck vessel amidships |
Boats We're Immediately lowered from |
the steamer but no trace could be |
found of the other and it is believed
she sank with all hands.
WASHINGTON, June 2I-Presi |
dent Taft's plan for taxing the earn
fngs of corporations is broader than |
generally understood in congressional |
circles and It will, If enacted into law,
yield revenue far in excess of the
S25,OOo,o00 estimate given by the pres
ident in his special message.
AS Interpreted by many persons who |
have come forward with objections to |
the scheme the plan is TO tax only
such portion of the earnings as re
main after all expenses of operation |
maintenance and fixed charges. in |
Guiding interest on bonds, have been |
deducted from the gross earnings OF Il |
corporation The tax. however, is 10 |
be upon net earnings before interest |
on bonds has been deducted Other |
wise, il is pointed out. that the tax
would be reduced substantially to a |
dividend basis, which was what the |
president himself did have in mind
originally
First dividend tax, then a tax OH |
earnings available for dividends, and
finally tax on all earnings In excess |
of expenses of maintenance and opera
tion, were the successive steps in the |
evolution of the idea, which Attor
ney General Wickershan, following
'-tcng conference with the president, il
putting into form for submission as
an amendment to the tariff bill. II
was not until the cabinet conference
just before the message was sent to
congress on Wednesday that the scope
OF the tax as here explained was de
eided upon. The bonded indebtedness
side of the matter was fully gone into
D. the president and his advisers.
MOUNT CARMEL. ILL.,, June 2l.-
A head-on collision occurred west ol
here today between two Southern Rail
way passenger trains. The accideni
was caused by an error in train or
ders. Mail Clerk Jackson was killed
Both engineers were seriously injured
Nc passengers were badly hurt, only
several received slight injuries.
SOUTH BEND. Ind, June 2l.-The
wreck on the Chicago. Lake Shore &
South Bend railway last night in
shich two oil the big electric cars col
lided head-on. killing ten persons and
inJuring forty, was due to disobedienoe
OF orders by Motorman George A.
Reed. who was instructed to wait at
Wilson, a short distance west of Bal.
leytown, the place OF the disaster. for
the westbound car. He did not do so