The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1909-10-13
NEW YORK HAPPENINGS.
Centenary of Oliver Wendell Holmes
The Troubles OF Chas. w. Morse
rho High Financier.

have his fame as a physician recount
ed at a centenary celebration arrang-
ed for today by the New York Acad-
emy Of Medicine. 1t is pointed out
that people do not remember as
clearly as they should the eminence
of the "Autocrat" as a medicine man,
and this centenary session has for it's
purpose the remedying Of this neg
lect. DR.. Holmes was for a5 years
professor Of anatomy in the Harvard
Medical School, and his achievements
while holding this post will be recit.
ed by DR.. M. H. Richardson of Har-
ward. The distinguished essayist was
also in active practice for a number
of years, and completed his medical
education abroad.
William Loeb. Jr., Collector Noe the
Port of Now York, is not very enthu-
siastic about the impending conquest
of the air. He can already see sew
eral dark clouds. shaped like airships,
lowering on his horizon, and they
bode trouble for him. He has taken
time by the forelock and Is already
making plans for heading OFF the
aerial smusglers who are likely to in
wade the country in the near future.
II his suggestions are carried out,
watchmen will be posted constantly
In the tower Of the Metropolitan
Building and on top of the Singer
Building to keep an eye out for aero
planes and other craft, note their d.
rection and probable landing place
and notify the collector. Deputy coll
lectors and inspectors will then set
out on the track Of the invaders and
force them to submit to an investiga-
ton Of their effects. 1t is limited that
II the air travellers should refuse all
invitations to come down and be
searched. guns would be used to per-
suade them.
Charles w. Morse may have to go
back to the Tombs today for a brief
period. pending the hearing of his ap-
peal before the United States Circuit
Court Of Appeals. which convenes
Monday. Morse was sentenced to fif
teen years imprisonment upon con-
viction Of common financial practices.
but has been at liberty some time on
s125.00O bali supplied by his friends.
The bail expires today. and an exten-
sion cannot be granted until the court
convenes on Monday. Hence the pros
pect OF his spending two nights In the
Tombs before his appeal is decided.
Morse has taken advantage of his
liberty to rebuild his shattered for
tunes, and is now said to have recov-
cred much that he lost through the
enmity Of powerful financiers and the
subsequent prosecution and convic-
tion. Morse Is no stranger at the
roinbs Prison. having spent some
time as the guest Of that institution
before bail was granted. He was re-
Gently reelected president of the
Hudson Navigation Company and has
become commanding figure in sev.
eral other concerns which he former
ly controlled.
Charles Wyman Morse, has lived
through more sensational personal
and business history in his ffty-three
years of life than any other promi-
nent financial figure in this country.
He has taken over" not only large
enterprises and concerns but whole
lines OF business. He has been, ac-
cording to his own testimony, worth
ss0.o0O.0Oo. and seen 1t shrinks to
nothing. Within the last eight years
he has been celebrated for his con-
solidations of ice companies, banks,
telephone companies and steamship
lines, and at the same time his start
ling share in the Dodge divorce case
in which Abraham Hummel was in
volved.
Morse was born in Maine in 1856.
and started in business there with his
father after being graduated at Bow
doin College. He branched out into
the ice business on his own account,
and gradually became the head of the
combination Of Ice concerns that he
formed into the American Ice Com
pany.
Coming to New York he went into
banks, steamship lines and real es-
tate. 1t was the downfall Of his
banks, loaded up with the securities
of his companies in the fall Of 1907,
that brought about his downfall.
Morse was thrown into bankruptcy in