New-York tribune., 1910-07-17

/ effect on July 90 In the near future. on
| its Own motion and without awaiting COM
plant, the commission VIII make COM
prehensive inquiry into the reasonableness
! Of the new communication rates which are
| to be charged, beginning next week by the
| seven great railroads which daily carry
tens OF thousands of passengers from ew
Jersey points to New York
The Secretary of State designated Mar
TIN A Knapp, chairman of the Interstate
! Commerce Commission. as the representa-
! tive of this government to confer with the
/ recently appointed Canadian representa-
tive. ]. P. Mabee. chairman OF the Rail-
way Commission Of Canada, subject
Of the joint control OF international traffic
rates.
William k Vanderbilt, jr.. was ap-
/ pointed assistant to the president of the
New York Central & Hudson River Rail-
road Company and TO a similar post on
the Cleveland, Cincinnati, Chicago & St.
Louis Railway Company. known as the
Big -Four. It was announced that the
would be appointed TO Ike places on tie
affiliated lines OF the New York Central
system at the next meeting Of their direc-
tors. The Vanderbilt holdings of New York
Central stock, it is said, have been largely
increased since the panic.
A GERMAN SCARE.
Wall Street got q scare on Tuesday,
when a report was circulated th/t Ger
many had repudiated the Monroe Doctrine
in behalf OF Nicaragua, but the German
Foreign Office In Berlin issued a formal
statement that Germany had taken no
stand in opposition TO the United States in
the affairs of Central and South America
and had issued no statement that could be
construed into antagonism to the American
government in what that government has
done. is doing or may do in Nicaragua.
More than s10,Oo0oo0 reduction in the
postal deficit has been made IN the first
nine months Of the fiscal year Just ended,
according to final returns received by Post
master General Hitchcock from the auditor
Of the Postofice Department. Such re-
duction is unprecedented in the history Of
the department The deficit for the nine
months was So, ,7oe Geo, as against 81, S32 coo
in the same period of the preceding fiscal
year.
Imports exceeding by more than fl14,-
e60, ,o00 those Of any previous similar period
came into the United States in the first
eleven months Of the operation Of the
Payne -Aldrich tariff law, ended on June 80.
More than z9 per cent Of these imports
entered free Of duty. being larger per
ceutage than in the corresponding period
OF any previous year except 1897, the last
year Of the Wilson tariff law, and 1892, 1888
and 1894. when sugar was admitted free OF
duty under the Mckinley law.
Customs receipts In the eleven months
operation Of the Payne tariff law were
sSe2 So. .1sl, exceeded only in 1907. when the
first eleven months brought in 1907 .05S, $751;
These figures were made public by the Bu-
reau of Statistics of the Department OF
Commerce and Labor
After debating the question for nearly
week the lower house Of the General As
sembly Of Georgia adopted the federal in
come tax resolution by a vote OF l25 to 10.
A similar resolution had already been
adopted by the Senate The poll so far
stands eight states for and eight states
against the amendment in its present form
AS II will take only five more states in op-
position to defeat the amendment and
twentyseight to secure its ratification and
its embodiment in the Constitution, the
chances against it are at least five to one.
SUSPICIOUS BANKING.
"A report was sent to Lawrence O. Muir
ray Controller OF the Currency. on
scheme OF several well known men to
oring the deposits OF a chain Of out OF
town banks 10 this city and use the money
In the speculative schemes of the promoters
OF the enterprise. Controller Murray is 60
ing to dnd a way 10 balk the plan If he
can, and if he can't he is going 10 keep q
sharp watch for the first hint Of GRIM
inai step and nail the men who are back
of the scheme. The plan is the same tnaI
was worked by Charles ". Morse with
such startling results. But there has been
nothing criminal in the operations OF the
present promoters so far.
The business affairs of Colonel James
NJ GlIffey, Democratic leader Of Pennsyl-
vania, member of the Democratic National
Committee. seventy-one years Of age and
one Of the best known oil and coal men OF
the country. were placed in the hands OF
receiver. The assets of Colonel Gufrey are
estimated at S17 GOO. 600; his liabilities at
So 7oo. 600. Inability TO realize on his as
sets. which consist largely Of coal lands in
West Virginia, is said TO be the cause o.
MI GuHey's embarrassment
Collector Loeb notified the international
Mercantile Marine Company, as agents OF
the American and Red Star hnes' thsr ne
intends holding the commanders OF the
steamships New York and Gothland ha-
this port Of five sleeper trunks, ~nich
were seized here last year. If the penal
-ies are collected, the two lines will have
70 nav them, as they became hen upon
the two vessels which brought the trunks
across the Alta ntic. BY process OF law the
Collector will endeavor TO collect about 500
600 the value Of the goods carried IN the
FIVE trunks.
."rhe State Of New York. it was SAID oy
Clark Williams. State Controller, has been
losing fully s1.000000 a year through Inc
n,,rchase and sale of cancelled stock trans
fer stamps by Office boys and minor CLERKS
more than two thousand Of whom, he estl-
mates. have been debauched by the traffic
which they have been led to enter through
che tndvcements offered by rascally dealers
in cancelled stamps
What new trtumphs over the jealous air
have our aviatorz scored?' asked Busy
Man
FATAL AIR ACCIDENTS.
,,,,, .s...,,hs have rather gone to the