davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-24
TAFT TAKES BANK CASE
Will Decide Status of National
City Company.
NO OPINION BY MACVEAGH
Secretary of Treasury and At
torney General Differ About
Holding Concerns.

Washington, Aug 23.-President Taft VIII
decide II the government, under the Ma
tional Bank act can permit national banks
TO own interests in other banking institu-
tons.
Attorney General Wickersham and Secre-
tary MacVeagh have disagreed on the
question, which was raised by the Attor-
ney Generals investigation OF tho rela-
tons of the National City Bank OF New
York to the National City Company. As a
result, all the papers in the case were sent
TO the President in Beverly to-day.
That President TIT would review the
case developed suddenly to-day as Secre-
tary MacVeagh was ready to make public
the Attorney Generals findings and his
own decision. For that reason lie declined
TO give any intimation Of his position, but
It is known that nearly all his advisers feel
that II any definite attitude toward the eX-
tension OF the influence Of national banks
into trust companies and security cOmpa-
mics were announced at this time, the whole
question of financial legislation might he
entangled when It comes up at the next
session Of Congress with the Monetary
Commissions report.
Mr. Wickersham's findings deal directly
only with the reported holdings by the Ma
tional City Bank Of other bank stock
through the medium Of the National City
Company. The question OF the interest Of
national banks in trust companies arose as
a consequence Of those findings, and atten-
ton was directed TO the case Of the hold
inEs of the Continental-C Commercial Ma
tional Bank of Chicago In the Continental
and Commercial Trust Company. Secre-
tary MacNeagh was chairman Of the board
Of that bank before he entered the Cabi-
net.
Attorney General Wickersham takes the
position that concentration OF banking cap
ital might take place If national banks
were permitted TO acquire the stocks OF
other banking institutions The Treasury
Department for about ten years, however,
has been tacitiy approving such relation
ships with certain limitations so the ma
tional institutions might meet the competi-
ton Of state banks, which usually operate
under very liberal provisions.
Aside from the question OF public policy
Secretary MacNcagh's advisers, it is said.
believe that no provision OF the national
bank has been violated. They take this
position. however. without regard TO whetb-
CT further legislation is desirable bearing
on the cases under consideration.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-24
DECRY REBUFF TO TAFT
Changers Declare Acts Of Col
leagues Gross DiscourtesY."

Hartford, Conn, Aug. 23.-Washirgton
Grange, Patrons Of Husbandry, Of Wash
ington. Conn, passed resolutions Monday
evening. in sorrow and not in anger"
rebuking those VINO presumed TO represent
the order in this state in their attitude
toward President Taft in connection with
his coming 10 Tho Connecticut fair at Char
ter Oak Park. when they decided 10 have
no Grange Day at the fair.
The resolutions declare the action ~ the
officials Of the Connecticut state Grange
10 be acts Of gross and unwarranted dis
courtesy TO the Chief Executive Of our
nation, whom We respect as man and
honor Us our President, regardless OF our
party affiliations or our views in regard
to The reciprocity agreement"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-24
ARMY NEEDS $S4,21O,4OO
Only Item of Increase in 1912
Will Be in Field Guns.

Washington, Aug. 2S-Thc estimates for
the army for the next fiscal year, it was
announced to-day would be in the aggre-
gate about the same as the amount APP
propriated by Congress for, the military
establishment during tho current year.
which was $500 100.
Practically the only item Of increase Will
be for field artillery and ammunition. Of
fcers of the army contend there il a dan
serous lack Of field artillery. In this con-
necton, General Wood, chief Of staff Of
the army said in his last annual report
TO the Secretary Of War:
The existing deficiency in the field artil-
lery constitutes one OF tho great menaces
to our country in case Of war II the
regular army and organized militia, at war
strength, were called 90 arms to-day there
would be- = shortage or over - per cent
i'm the field artillery necessary 10 equip
Them. As this force would only represent
q portion OF the force called To- arms IN
case Of war with 2 first class power, the
gravity Of the situation becomes at once
apparent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-24
FORM IMMIGRATION BRANCHES
League Which Seeks Liberal Laws In
creases It's ScOpe.

Tho National Liberal Immigration
League has formed branch for tic state
Of Louisiana. one is being formed for tic
State OF California and preparations for
the organization of branches are going on
in other states. on behalf OF the league a
statement was made In reference to the
Louisiana branch. which says IN part:
The organization Of branch of the Ma
tional Liberal Immigration League H. am
other sep towuTd bringing immigrants To
Louisiana. There are twenty millions. ana
more, acres Of land under water in Louisl-
ana as fertile ~ any in the world. 10 be
reclaimed. The indications are that in
ten years this land Will De under cultiva-
ton and immigrants ere needed for the
purpose when they come and are desirable
There WsS an objection 20 immigrants I'm
Louisiana for many years. owing to the
fear that many Of them misht De anarch-
ists. bur this fear. has died out. and the
people of the state are confident now that
the present immigration law Is sufficient
" Keep Out all undesirable persons
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-24
13-CENT COTTON URGED
Growers Advised to Hold Staple,
Despite Spectators.
BANKERS ASKED FOR HELP
Committee Of Members of Con-
gress from South Analyses
Crop Prospects.

Washington. Aug. 23-"Hold cotton for
13 cents" is the advice TO be formally given
TO farmers organizations by committee
consisting of Senators Williams, Of Missls-
sippi. and owen of Oklahoma. and Repre-
sentative Burleson, OF Texas, representing
4 conference of Senators and Representa-
tlyes from seven cotton growing states, IT
was decided to-day. committee Will urge
the state banking associations to cooperate
against the bearsh movement Of the specu-
lators.
What was referred to generally az the
threatening condition OF the cotton mar
ket" was thoroughly discussed at meetings
to-day and last night. Among the paruci-
pants were Senator's Williams and owen
Representative Underwood, Of Alabama
Democratic leader Of the House: Repre-
sentatives Helm, of Alabama; Brantey
and Hughes, of Georgia: Burleson ana
Beall. OF Texas; Carrot, Of Tennessee;
HUMPHREYS, OF Mississippi, and Small
OF North Carolina. Several Of them are
large cotton planters. The committee is-
sued a statement, which read:
II scented TO be the opinion of all that
there was a preconcerted effort being maze
principally through the instrumentdhty -.
the speculative element OIL tnc .NeW i VI -
Cotton Exchange, 10 break down the price
of cotton. 1t was the opinion OF All tilal
the present statistical condition or cotton
did not Justify the loWncss Of present quOo
tations and that the estimate OF loCD,Vvy
bales was unjustihed by any facts upon
which a prediction could be sanely based'
and that, moreover, even II loOV,yv pdIe
crop we're in sight the worlds supplies sun
probably would fall short or the world de-
mand for cotton TO the extent OF more than
100000 bales because Of the exhaustion or
the present visible supply of carried over
spot cotton. 10000. ,
In other words. that with 100000 bale
American crop the worlds crop Tor III
would sum up only 100000 bales, win
100000 of spindles creating an active de-
maud for 100000 bales. This opinion was
based upon tho latest advices from Egypt,
India, China and other cotton producing
countries.
The statement refers 10 the appointment
of committee 10 write in the name Of
those present letters TO tho president OF
the Farmers Union and 10 officials Of other
cotton farmers organizations asking them
70 advise their local unions and other
subordinate bodies TO advise the farmers
generally to hold their cotton for 10 cents
and TO continue To demand that price until
by a convention or agreement arrived at
i'm some way a different one shall be sug-
gested." Tho conference expressed the
view that % cents was seemingly less than
the price justified by she existing statistical
condition.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-24
INSURANCE MEN DELIBERATE
Investigate Ways Of Certain Con-
Germs and Make Suggestions.

Milwaukee, Aug. 1.-THE report Of the
committee on industrial health and acct
dent settlements Of the insurance com
missioncrs' convention was presented TO-
day
It says that deplOrable conditions have
been found i'm the claim departments Of
companies which DO easily Is per cent Of
the business done by all of the companies
yet examined. OF the specific claims exam
med. where the amount involved is usual
AZ considerable the percentage Of scaled
or rejected claims is much too high.
The report concludes with twenty-four
recommendations, the most important Of
which arc:
That a standard industrial health ana
accident policy provision law be enacted:
that prOrating for change of occupation
should be permitted only when the in
sured has actually changed ms occupation.
that the policy fee be abolished; that al
industrial agents and collectors be licensed
by the state; that frequent examinations
covering not only financial conditions but
also treatment or polcyhoiders be con-
Quoted either by the individual states or
bv committee Of the convention, and
that publicity DE given 10 the results Of all
such examinations.
The report also recommends that the
present investigation be continued. 10 the
end that all companies doing an industrial
health and accident business may be ex-
amined.
The committee asks that the Continental
Casualty Company, National Casualty
Company and Phoenix Preferred Accident
Company make changes of employees con
nected with adjustments.
The General Accident Fire and Life As
surancc Corporation IS asked 10 remove
the heads of several departments of that
company. In this connection the commit
tee says the company mas signihcd c0mpli-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-24
BUTTON SAVES HIS LIFE
Bullet Strikes 1t, Telling Man to
Stceet, but Unwounded.
POLICE RESCUE SHOOTER
Mob Beats Him-Charges His
Intended Victim with
Abduction.

Thomas Junta, OF No. 1886 East 18th street.
owes his life TO collar button that de-
1ected a bullet from the back OF his neck
when Joseph Oddo fired four shots at him
Yesterday in 18th street near Second ave-
nue. Oddo was beaten badly by crowd
Of several hundred men and women before
the police reserves from the 9Th street
station could set him into the station
house.
Junta was going home last night at the
hour when the factories in the neighoor-
hood dismissed their employees. lie was
walking east on 18th street when Oddo
orened fire on him from behind. lie hred
four shots, two Of them going wide OF their
mark and the other two hitting Junta IN
the coat collar.
The fist shot pierced Junta's coat at the
left shoulder, and the second shot struck
him in the neck His collar button was
driven into his neck and caused slight
abrasion, but the bullet fattened itself out
and remained IN the collar of his coat
until Dr.. Brundage. of Bellevue Hospital
shook it out when he examined Junta'
The shock of the bullet threw Junta TO
the sidewalk. and a crowd soon Gathereh
d0OQt MN. OllltI H'l'oii' 80
started after Oddo as he ran, revolver IN
hand, toward Third avenue. Paroinen
Wagner and Berger, of the 9TH street
station. took Up the chase. and caught ouuo
at Third avenue. The crowd of pursuers
had grown to more than two thousand per
sons and there were cries of Lynch MIN!
and xiii him. as the patrolmen tired 10
rush him 10 a place of safety. Both patrol-
men were forced to draw their uightstlcAs
IN hold the crowd back from Oddo, but ne
was kicked and beaten despite their eilorts
Detectives Hooker and Rinsberg' OF inc
Central Office, went to the aid OF 'heIr
brother officers, but II was with the great
ost difficulty that they fought their way
10 the station house
DIR. BrundaGe. of Bellevue. found that
Juuta was uninjured. and on a charge Oh
abduction made by Oddo no was taken 10
the 9Th street station. Oddo was held
ON charge of felonious assault.
In a statement made to the police Oddo
said that Junta had lured his sister Mary
from their home and was keeping her In
furnished room against her Will Junta
said that the girl had pleaded with nm
70 take her away from her brothers home
because nc had treated her brutally, ana
that he was paying her board in a FUR
nished room house until they couid get
married.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-24
THAW INSISTS HE'S SANE
Answering Wife's Petition, Says
He Transacts Own Business.

Pittsburgh. Aug. 23.-An answer was filed
to-day by Harry x. Thaw, through his at
tornev, Ex-Governor William \. stone 10
tho petition Of his wife, Eyelys Nesbit
Thaw, in which Judge L. L. Davis was
asked 10 appoint a lunacy commission TO
take charge Of the income Of Thaw IN this
state and provide for the support Of the
wife Thav's income is said 70 be $4,000
year.
Thaw says that the verdict Of the jury
in New York State was not finding that
he was insane and that the decree confn-
ing him in Matteawan was statutory en-
tirely and not a proceeding as 10 the lu-
macy OF Thaw. He says the fact that he is
still confined I'm the Matteawsn hospital,
under the order Of the court, does not jul
diciallv or in any way establish his present
insanity. The answer alleges that the pc
tition asks the court 70 do what II has
no authority 10 do.
In the second part Of the answer Thaw
says: "your affiant is not IT present in
sane lie is quite capable Of attending to
his own affairs, and does attend to his own
affairs lie transacts his own business. If
there was ever any arrangement mentally,
the afIiant has entirely recovered from il,
and is now IN the possession Of all his
mental faculties
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-24
MEAT STILL ADVANCING
Drouth Responsible for Increase,
Packer Saws.

Kansas City, Mo, Aug. 23-The increased
price of meat which the packers predicted
would result from this summers drouth,
has arrived. and prices are still on the mp
grade.
r. W Robinson. Of the wholesale depart
ment Of one Of the leading packing con-
Germs said to-day that he was unable TO
tell when the advance would stop.
The wholesale price Of the best grades Of
beef has jumped three cents IN the last
sixty days Pork also is advancing. In
ferior beef may be bought now at about
the same price as sixty days ago, but the
hackers say there is only light demand
for the cheaper quality.
The average increase on the choice cuts
Of beef at the packing houses is pa cents
a pound. Good beef sold at retail at Z
and cents June /. The same quality
is now bringing 9i3 cents pound.
The retail price IS increasing with the
packers prices.
The drouth which prevailed over the
feeding lands all summer caused the ad-
vance" said Mr.. Robinson to-day
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-24
HONOR FOR UNDERWOOD
Democratic House Leader Guest
Of Italians at Waldorf Dinner.

The National Italian Democratic League.
an organization of recent birth, save
dinner last night az the Waldorf for oscar
W. Underwood, Democratic leader IN the
House of Representatives. There were sew
cral other Congressman present. too. Clio
yanni Dominica. president Of the league, I'm
introducing the guest OF the evening, said
the dinner was given in his honor because
OF his fight to put down the duties
NJ. Underwood started with a message
to the league from the Democracy, saying
that It had kept its pledges that it had
obeyed the will of its constituency.
I'VE have presented to the President Of
the United States" he said, 1--WE great bills
expressing our views rs 10 what the tariff
should be In the interest Of the American
people. and they would be- laws to-day il
they had not met with his veto. In those
veto messages. ] regret 70 say that | do
not believe that the President Of the United
states rose 10 the high ideals Of the great
Office he administer"
Mr. Underwood was pleased, however,
that tie President had acted so nobly in
the matter of reciprocity.
The President OF the United States" lie
declared. negotiated reciprocal act with
the Dominion Of Canada contract that 1
believe I'm the main IS right. Those people
are our people and II would be wise In
my Judgment to bind them to us forever
by The strongest ties of commerce and
trade that can bo developed
DR.. joseph Gullino followed Nj. Under
wood speaking i'm Italian. He was sue
cccd,d on tie floor by Joseph Auerbdch
and Congressman James 7. Lloyd. chair
man OF the National Democratic Congress
siCnal Committee Among other guests
we're Congressman Martin W. Littleton,
eN-Judge Henry a. Gilderslecve and Presi-
dent Solari. of the Italian Chamber Of
Commerce.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-24
ELOPEMENT COMES TO LIGHT
Young Kinsman of Astors Weds
New Jersey Girl.

Orauge, y u, Aug. 23.-lt became
known to-day that Alice Shaw Flanders
seventeen years old. daughter OF Mr. ana
Mrs William =. Flanders, East Orange
and Emmett Van Allen Pollard twenty-one
wears old, son Of Mr.. and Mrs. John Muir
raw. who now live at No. rs West 5tth
street. Manhattan, were secretly married
on Monday In Hoboken. Pollard IS
nepbew Of James J. Van Allen, Of New
YORK. and thus is connected with the Astor
family.
Mrs Flanders aaid at her home tonight
that on Monday night she and her husband
received this message:
Emmett and ! were married this after
noon. We are going away. ALICE
My husband and had not the slightest
objection to Mr. Pollard" said Mrs Elan
ders but We thought both our daughter
and Mr. Pollard were too young TO marry.
We will gladly forgive them when they re-
turn from their bridal trip
Young Pollard returned recently from
motoring trip TO California. He called last
Friday on Miss Flanders, whom he had
known n number Of years, and told her all
about the trip. He called again tho next
day and again on Sunday, but neither he
nor Miss Flanders said anything about
marriage to the parents Of the girl
Before the young man left there on sun
day night Mr.. Flanders had q little talk
with him, telling him that he must not call
more often than once week and that in
his opinion both his daughter and Pollard
were too Young 10 become engaged to
marry.
The next day Pollard and Miss Flanders
took an automobile ride, and that was the
last seen Of them.
Tie mother Of the bridegroom. Mrs
Sarah Van Allen Murray. formerly lived in
East Orange. She was formerly a Chris
tian Scientist and conducted a home for
children, She adopted Kenneth Williams
q e-year- old boy who was an inmate Of
st. AIarys Orphanage OF Providence. and
since the child was adopted there has been
a determined effort made in court 10 have
him returned to the orphsnage. The boy
is still being cared for by MI and Mrs
Murray.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-24
CROWD SEES BOY RESCUED
Lad Falls Into Central Park Lake, but
Is Soon Hauled Ashore.

While crowd OF youngsters frolicked
around the big lake in Central Park yes
terday afternoon a Wild shout was heard
The cry startled hundreds Of people near
by, and when they looked they say a
small boy splashing about and trying TO
keep ahoat
The lad was Louis Boxer. ten years
old, Of No. IS Eldridge street. While a
number Of persons started for the lake
to help him out, his cousin. Irving Stur-
getz, eighteen years old, Of No. 1920 Simp-
son, street The Bronx, who had brought
The little fellow to the park 70 play,
reached over and seized the lads collar,
dragging him, with the help Of several
men, over the wall 10 the ground.
Patrolman Shay called an ambulance
from the PRESBYTERIAN Hospital and DR.
Allen took the boy there. The water he
had swallowed was pumped out OF him
and his cousin took him home little the
worse for his experience.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-24
BREMEN IN BUzzARD'S BAY
German Warship Plans Torpedo
Practice There.

New Bedford Mass. Aug. 23.-The Ger
man cruiser Bremen arrived at Buzzard
Bay to-day. and, 1t was announced VIII
conduct torpedo practice in the bay. IL tug
has been engaged here to assist IN the
mannuvres. Considerable local speculation
has been caused as to the right OF a for
eign warship thus 10 indulge in military OPP
erations in United States waters.
During the forenoon a launch in charge
Of Lieutenant Lutz Johan came up to the
city from the cruiser. In answer to queries
by the newspaper reporters the officer SAID:
we are here In Buzzards Bay to nave
torpedo practice. / do not know how long
we are going TO stay here"
Asked regarding the right Of foreign
ship to engage in torpedo practice in United
States waters. the lieutenant said: i 90
not know whether or not we have a right
TO practise here. We are going TO stay
here, at any rate"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-24
OUTLOOK DARK, SAYS RIPLEY
President of A., T. & S. T. Railroad
Calls Conditions Bad

Chicago, Aug. 23.-E. p. Ripley, president
n the Atchison, Topeka & Santa Fe Rail-
road. said last night that unless business
conditions improve it Will be necessary 10
cut down some Of the sixty thousand en-
ployes Of that company.
Prospects for any substantial betterment
in the general volume Of business are not
bright. in my opinion" Mr.. Ripley said.
The decision Of the Interstate Commerce
Commission in the inter mountain rato
cases already has had sentimental effect
that has not been beneficial"
An order issued by the management ot
the Chicago &, Northwestern Railroad die.
pensing with the services Of about two
hundred clerical workers yesterday led -
a report last night that drastic policy of
retrenchment was being enforced.
L. 4. Robinson, controller Of the com'
pany. said:
I'VE are finishing up work on the fiscal
years accounts and IL is customary TO cut
down the extra force when the largo
amount Of work entaied by this task near1
completion. a., -.
and no reduction OF a general nature
among our men is contemplated"
-e-
SUNDAYS NETWORK TRIBUNE
Mailed anywhere in the United States
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-24
BUSINESS TROUBLES.

The following bankruptcy petitions were
filed IN the United States Court yesterday:
MORRIS GINSBEKG. manufacturer of
cloaks and suits. At no. 6S Division street.
voluntary II Is alleged that he was in
solvent made preferential payments of
81 800. transferred merchandise and ac-
counts of 81 90 and removed large part
oi his property Liabilities, 5000. and as
sets, SLIGO Judge Holt appointed Hiram
Barney receiver,
HARRIS AND LOUIS BARTELSTONE.
who composed the firm % Harris Bartel-
stone 4 Son, formerly manufacturers Of
mirrors and showcases, al Nos. ~ and IS
Cooper Square; voluntary. Liabilities, &c.
co and no assets.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-24

Washington, Aug. 23.-The plan OF the
German cruiser Bremen to conduct torpedo
exercises I'm Buzzards Bay, 1t was sald
to-day by officials OF the Navy Department,
is not an unusual procedure on the part OF
"A foreign warship. IL the practice is TO De
held within the three-mile limit, 1t was
added. permission undoubtedly has oeen, vi
will be, asked Of the United States. similar
maheuvres previously have been heiu
in American waters by foreign men-ot-war'
particularly IN Chesapeake Bay. 1t Is also
pointed out that United States war vessels
often practise in foreign waters the ASH
attic feet frequently using Chinese waters