davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1911-12-30
BROADWAY REALTY DROPS
Tefft-WeIIer Site Brings $225,-
900 Less than Assessment.
BOUGHT BY A SPECULAT0R
Scarcity of New Buildings in
That Part of City Blamed for
Weakness of Prices.

The old home Of Tcfft. Weller & Co. at
No. 326 10 go Broadway. was sold yesterday
by the Weller and Arnold estates to spec
ulator for about 500. 90 The representatives.
of the owners met at tho Merchants As
ISOLATION Building. in Lafayette street. ana
there accepted a certified check TO binl the
contract Of sale from a well known real
estate man. Counsel for the representatives
OF the sellers were Ellison. Mcintyre FL
lson.
Tefft Weller & Co. was one OF the lead
ing wholesale drygoods houses OF this city
for many years. The amount at which the
property changed hands is exactly $4,000
less than Pts assessed value on the tax
books for 1910 For several years the city
budget exhibit has been held on the
premises, and many of the city's tax APP
praisers have attended the meetings there,
but somehow they failed to sec that Broad
way north of Chambers street had lost its
| realty attractions OF the sos and 90s.
At the last budget auction Of the central
Broadway property held I'm the Vesey
street rooms. the sums realized were much
| loss than the appraised value Of the par
cells Real estate brokers called the stten-
ton Of the Tax Department to that fact,
but the department apparently paid no
| heed 10 the hue and cry about hieh ap-
praisals in the section. II was learned
last night that ten years ago a person
having a quarter interest In the Tefft
| Weller property was paid on a valuation
of 81 10000 for his share.
The northward drift of many wholesale
| firms to the new loft and business centres
IN the midtown district is largely respon
sible for the declining values in this part
| OF the city Another factor In the down
ward trend OF prices in central Broadway
| is that IT has not kept pace with building
] improvements. In the new business section
! the buildings are mostly modern, well light
| ed, and have sunny and airy rooms for the
| workers. while I'm central Broadway there
is an obvious scarcity of new buildings.
| Many well known persons invested In
| the central Broadway buildings about ff-
| teen years ago. Among them was ex-
Mayor Seth Low, who bought az an IN
vestment about that time the buildings at
Nos ZOE and 504 Broadway, extending
through to No. a to % Crosby street. He
recently sold that property to Charles
Laue, who in turn disposed of IL through
the William II. Whiting Company to Will
lam H. Browning. Spectators are now
seeking to buy property in the district, and
are firmly of the opinion that with new
building garb the section will be once more
attra ctive to wholesale and retail business
houses.
The old home of Tefft, Weller Co has
a frontage of 75.6 feet in Broadway, % feet
in Worth street and 4ll feet in Pearl
street. Adjoining 1t on the south is the
Citizens Central Bank and block north
is the New York Life Building. The struct-
ure on the premises Is five stories high and
was built between thirty and forty years
New-York tribune., 1911-12-30
TRIPLE INQUIRY PLANNED
Democrats Going After Money,
Shipping and Harvester Trusts.
LA TOILETTE GAVE THE CUE
One House Committee to Under
take the Whole Task, Begin
ming Next Month.
fErnm The Tribune Bureau. ]

Washington. Dec. "a three in one trust
investigation is the latest scheme OF the
Democratic House. With more than n
dozen Investigating committees already d,
work. Chairman Henry OF the Rules COM
mittce said to-day that within month
the House probably will have under way
ioint Investigation of the "llarvester
Trust" the Shipping Trust and the
Money Trust" Mr.. Henry says his COM
mittee will report a resolution favoring
such an inquiry, and that special com
mittee. supported by ample funds ana
ample authority. will strike at the very
centre Of Wall Streets power.
4 three ring investigating circus is some
thing now I'm legislative circles, but the
chairman Of the Rules Committee predlcts
that the proposed investigation Will be the
most sweeping since the Civil War. Ihe
three trusts named. according to CHAIRMAN
Henry, arc closely related. and one com
mAtce will be appointed TO investigate the
lot
Senator La Toilette. the Wisconsin pa
triot. is among those who have given the
House the cue Mr. Henry said to-day
Senator La Toilette said in one OF his
tcally debating the finances OF the 'ouIl-
try. and that tlis little bu On OF nnahcleir,
dominates Wall Street ard contro's Tall-
roads steamship lines. banks, thc mar
vester combination and other enterprises,
RumOrS Of this kind have lollg pctn h'a,u h
by members OF Congress. ana am con-
vinced that the time has come 10 ac, -
The investigation of the shipping Trust
the "AToney TruH" and the Harvester
Trust can he made by one committee; -,
favor a committee Of not more than , $500
~ ,G,NFn oil
ity and money needed 10 make the investlsa,
tion a real ono Congress and the country
should know II these charges arc true
Three separate resolutions. providing for
the Investigations named, are now before
tho Rules Committee. Representative
! Humphrey. OF Washington. alleges that the
Shipping Trust working through pools
and shipping agreements, controls 30 per
cent of the international shipping trade
| Representative Foster, Of Illinois. MEM
| bcr Of the Rules Committee, has demanded
an investigation Of the harvester combina-
ton. and Representative Lindbergh. Min
nesota insurgent Is on the trail Of wall
Street
The Rules Committee will hold a hearing
on January Is on these resolutions. Secre-
tarv Nagel and Attorney General Wicker
sham VIII appear then 10 eNplalt WHAT t'cS
may know of shipping combination.
Samuel Untermyer, of New York, also VIII
be a witness.
Representative Henry says that the Rules
Committee probably will authorize the ap-
pointment Immediately after the hearing OF
one committee to investigate the three
trusts, and that before February the In
vcstication may get under way.
New-York tribune., 1911-12-30
Publicity Of Great Advantage.

One of the most important benefits OF
federal Incorporation would be the protec-
ton OF the investing pubic; ana CON
versely, the publicity connected WIN W
terprises Incorporated under such act WouIo
he of undoubted advantage 10 the corpora,
tions themselves. I'm that cheaper capital
could be obtained from the investing puDnc
for Industrial development because or con-
6dence among investors. Publicity in cor
porate practice, as has been sald' Is VIVA,
sunshine is 10 sanitation. 49,.
Competition is often called the hte of
trade but excessive competition results in
violent fuctuation In prices and paralyZes
business: but a reasonable stability OF
prices Is indispensable to fourishing trace,
to steady employment and fair wages.
One example OF ruinous competition is
that I'm the coal-mning industry. The en-
tire coal-minng industry, from the Missls-
sIppi to Virginia, Is being CONDUCTED III
many instances without any ana IN & &st,-
eral without adequate. profit We are Snip
ping and selling to-day to Canada ana otheI
countries millions OF tons of coal yearly at
an actual loss to the operators. AS consc-
quence OF this kind OF competition the opel-
ators are compelled TO leave unmined ana r.
retrjevably lost upward OF 40 per cent or the
coal in the beds. A far worse feature as the
result OF this policy Is the appalling loss OF
life I'm the mines because OF enlorceu ecoi.u
mics in operation. IL the government were
to regulate the price Of coal so as 10 adiIlit
OF an increase OF not more than 10 10 "
per cent, by sanctioning an agreement pc
price, more than half the coal now lost
would be conserved for future generations.
In conclusion l would say that by leg
islation supplemental TO the sherman act
by federal Incorporation, and by the crea-
ton of a federal industrial commission,
believe that the interests Of the general
public would be adequately safe3uarded
and that the present uncertainty among
business men and investors would be dis
PEELED, with the result of revived activity
In the industrial development of the coun-
try and the general prosperity OF the ma
tion.
Senator'S Burton, Lodge and Smoot dis
cussed the high cost Of living. Mr.. Burton
said that a rising standard of living. an
increased supply of gold tardy develop
ment of agricultural resources and obso-
New-York tribune., 1911-12-30
NO ESCAPE FOR Roosevelt i
Must Be a Candidate for Presi-
dency in Nebraska.

Lincoln Neb.. Dec. 29.-Theodore Roose-
welt cannot escape being candidate for the
nomination for President according to q
ruling made to-day by Secretary Of State
Wait. who said Mr.. Roosevelt's name would
remain on the primary election ballots un-
less John O. Yeiser, of Omaha. who filed
the petition, withdraws it, Mr.. Roosevelt
himself the Secretary said, cannot cancel
the petition.
The ruling is supplementary to one made
AT the time Of the fling, and is in anticipa-
tion of an expected petition placing W. j.
Rryan on the ballot as Presidential can
didate. News reached Secretary Wait that
such A petitiop was being prepared.
New-York tribune., 1911-12-30
ARCHECLOGIsTs NAME Low
Elect New Yorker Honorary President
of American Institute.

Pittsburg. Dec. 2s.-The annual meeting
Of the Archaeological Institute of America
adjourned tonight after electlng the fol-
lowing officers:
President. Francis W. Kelsey. OF the I'ni.
veTsity Of Michigan. honorary pfesident,
Seth Low, Of New York; John Williams
White, OF Harvard University; vice-nres,-
dents. George Bryce Of Winnipeg. Can
ada. Alan MarGuand. OF Princeton Univey-
sity; William Peterson, OF McGill T-nIver.
sity; Edward Robinson. Of tho Mctropolita n
Museum; +. B. Tarbell, OF the University
Of Chicago; Harry J.. WILSON, Of tho Jobna
Hopkins University: =. w Shiplcv. of
Washington University; general secretary.
Mitchell Carroll, OF Washington. sccre.
tories. :. Judsou Eaton. 0f Ottawa. ,,n-
ada; 4. l. i<rOcbcr of san Frdncisco rs.
oordcr Gcorsc ~ Chss'N ~ IIaryard Cn,.
'crsi,} treasurer Willard Y. Ming, of Nav
York City.
New-York tribune., 1911-12-30
UNDERWOOD BEGINS WORK
Says New Steel Schedule Is
Practically Complete.

Washington, Dec. 29.-With the Demo
cratic tariff programme practically decided
upon. Representative Underwood, chairman
of the Ways and Means Committee, has
gone TO work behind closed doors, intending
to refrain from public discussion OF tariff
bills until after Congress reconvenes next
week.
Mr.. Underwood. still awaiting the full re-
rort Of the Tariff Board on the wool sched-
ule. said to-day that he intended TO make a
careful study OF the synopsis until the
printed copy of the full report Is sent to
him.
So far as the steel schedule is concerned
Mr.. Underwood said IT virtually was COM
plete and that little remained for the COM
mittee to do with it when it resumes WORK
next week. The bill, which contenplates
reductions of from 30 to 40 per cent on iron
and steel products. will probably be intro
duced early in January. and the Democrats
propose TO pass it within few days.
New-York tribune., 1911-12-30
WATCH PRICE OF SHOES
Government Likely to Act if Ad.
vance Is Made. "

Washington. Dec. % Officials Of the p.
partment Of Justice will keep A close watch
on the price of shoes. In consequence Of 70.
ports that tho cost TO consumers will h.
materially increased " tho advance /,
made the gZovernment probably will make
an investigation TO determine whether or
not il resulted from a combination in viola
ton Of the sherman antitrust Law Re.
ports that tho increase will come mex. IAN
were called 10 the attention Of officials here
to-day. It is not probable. It is said, that
the government wOuiG wait FOR a prutes,
from sufferers from high prices .-s
Various reasons are assigned for The re-
ported approaching increase. Some manu-
facturcrs, II is said, attribute IL to an sd.
vance in the price OF raw materials for
shoes. Following tho law Of supply and de-.
mand the raw materials ii is added. hav.
gone I'D because Of A scarcity OF hides
New-York tribune., 1911-12-30

Gated both the universal arbitration uea,,es
and the abroe tiou of the Russian treaty.
But when the nation, through its govern.
ment. acts il cannot plead the excuse t oi
lack OF Thought II as = people our act.o'' S
is inSncere and lacking in straightfot"aI3-
ness then when this action mas been OH
cially taken. we cannot escape the charee
OF hypocrisy when later we FAN TO I'VE UP
TO our promises. .,.-. A.
II Is arrant hypocrisy for this nation 10
support tho unamended arbitration treaties
st the same time that we abrosate inc
Russian treaty. and TO do so Is to put ms
nation in a thoroughly false and dlscreu-
liable attitude Hypocrisy is as revolving
in a nation as i'm a man. and in the iong
run I do not believe that 1t pays either
man or nation.
New-York tribune., 1911-12-30
LESS WOOD PULP FROM CANADA
Duty Must Be Paid on That from On
tario Indian Lands.

Washington. Dec. 29-While foreign ma
tiOns are clamorinG for the free entry Of
wood pulp and paper into the United States
on an equality with Canada, the Treasury
Department to-day decreased the supply
which can be imported from Canada with
out duty through an order relating to the
Indian lands Of Ontario In future wood
pulp or paper made from the woods Of these
lands must pay duty because of the Cana
dian regulation prohibiting the expectation
Of wood cut from Ontario Indian lands for
the manufacture Of wood pulp.
This places these lands I'm tho same ella SIS
as the Crown lands, ON which expectation
restrictions are placed. and is in accordance
with the agreement with Canada.
New-York tribune., 1911-12-30

victs in thc Neg jersey State Prison "a.
day and dismissed about 30 other appiica.
tiors. Resides acting on those applications
the court refused TO interfere in the case
OF Antonio Luciano. OF Essex County. who
is under sentence to be put TO death the
week Of January T.
The application OF Andrew J. Can,pbeT
William $. Death and Walter McAllistar
who arc serving thirty-ycar sentences Tor
the death Of Jennie Bosschictcr, were No,
considered. the applications having 6asn
withdrawn. ..H. q,
New-York tribune., 1911-12-30
YOUTH HELD AS FORGER
son OF Newark Steel Man Accused of
Using Father s Name.

Jacob Hoffman. son OF Barnett Hoffman,
head of the Newark Iron and Steel Com
pany. is locked up At Newark Police Head
quarters charged with having forged his
fathers name to 4 check The police say
the Young man robbed his fathers safe
last summer and took his mothers jewelry.
which he pswned for 800.
The check tbat caused his arrest yes
tcrdsy was for $9j on the National Newark
BANKING Company. The boys mother is
in bad health and Mr. Hoffman took her
south after hearing of lbc sons arrest.
The prisoner T. nineteen scaTs old
New-York tribune., 1911-12-30
INSANITY RATIO INCREASED
Gained Is Per Cent in Last Six Years
Population Increased IL Per Cent.

Washington. Dec. 29-Whilc tho total
population Of the United States increased
about II per cent in the last six years. the
number Of insane persons increased 25 per
cent in the same period. In 372 institutions
canvassed by the Census Bureau up 10 Jan
uary ]. 1910. there We're 1854 insane pa
tients. or an Increase Of 37,5O3 since 1904
Massachusetts led the states. with SH6
insane 10 10000 population. New York was
a close second, with 3i31 insane for every
100 900 persons.
New-York tribune., 1911-12-30
FOR SPECIAL SPANISH MISSION
King Alfonso DESTROYS of Still Better
Relations with New World.

Madrid, Dec. 29-King Alfonso, being det
sirous further to promote friendly rela-
tions between Spain and all the countries
Of North and South America, has created a
mission for this purpose.
Direction of the mission will be confided
to Sehor Don Juan Rlano Gayangos the
Spanish Minister TO the United States and
Chamberlain to His Majesty.
New-York tribune., 1911-12-30
Peace Meetings. Shortcomings.

W ir" Trccu, Now York peace meeting in
81 N"T OF ihc jFcaties (Which ended i'm a
li"u 4 was not croditable 10 the speakers
for those treaties tiat thcv did not venture
20 declare themselves on tho ono practice! !
issue, Of the Kind tho treaties arc expected
Z" ~ffNe, WiIch Was actually before the
jN"pl"-that y. TIC matter OF tho abroga-
tion Of H." tUssian treaty without ,ffer
10 set IL sutbOTitdtivoly INTERPRETED
u cannot b. too often repeated that these
general arbitration treaties are nothing
"f'trvfr b1t general promises Their value
les wholly in rho sincerity with which the
promise Is made and tho 5ulnrss With
which tnc promise is redeemed / do NOT
leleNe IN making these promises. because
J 'nink that we are promising too much,
ana hecsHs" moreover. fully believe that
- oUr action in sbroSatug the Russian
treaty is equivalent 10 open and cynical
"onfe "sinn that AZ Il people we do not in
tend 20 Keep oHT promise that we have No
regard for the good faith Of the nation!
inat 80 are willing 10 mako impropcrjv
frceping promises 20 please one set Of men
and ~ the same lime scandalousiV 10 break
u>N.
Tiles" tTcstee are drawn IN such sweep
inC ana vague general terms. especially
ir fbc 1850 81 the word "iustiria bic" that
'ior might. IN any concrete case. be fnld
20 mean ANYTHING OF nothing. and to en-.
'"at-4n iuei the kind Of double dealing and
"%d faifl witch is now beiuC shown Ono
'i"~R &C. certain: IL the question Of the in
istrr"titiou of n treaty is not ''iueticiable. "
f.rou fE"I' never can any question arise
isr Is iuSticiablo
II nc action taken in abrogatng the
EUssisr treaty h. not utter and cOmpInt.
violation Of the whole spirit and piIrpose
of a." proposed Arbitration treaties. then
the latter are not worth tho paper on
= hich they are written. I believe that we
are right in ayogstlnS the Russian treaty.
cral srbitra ton treaties are not worth the
~ per on which they are written.
New-York tribune., 1911-12-30
Sincerity in international Relations.

The point upon which insist Is that This
nation should behave without hypocrisy
md with STRAIGHTFORWARD sincerity in rs
Internal tioEal relations, that n should not
lie nor make promises which II would not
keen / Do nor question the honesty end
,ipceritv OF the many good people who.
10 q vsc,le general sentiment in favor Of
both rescS ana justic" Witch fails {" r"al,
ise that soneimoG posCn caD be- obtained
only az the eXpcnac Of justice. have ddNo-
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-10-11
REDS WIN FIRST
FROM CLEVELAND

Cincinnati. O., october 1o.-Cincinnati
dct Gated Cleveland in the first game
oi inc interleasue series for the cham
OF TO 0. SuGgs outpitched Banding,
holding the American Leagucrs SAFE
az me way jackson and Lajoie. Cleve-
idha most powerful batters, particu-
larry We're at sea.
outside OF Suggs's pitching. the
tmmroWinS to bases of Catcher O'Neil, of
I,leVeland. was feature OF the game.
hescher hatted hard. getting two
II was announced that owing to the
ucslre of the Cincinnati club to rush
work on its new grandstands. the re-
imainder OF the series will be played
IN Cleveland
Score by innings: II n T.
Cleveland .....o0O OOO0O0-0
cincinnati 00ll0O.-i q
batteries Handing, Falkenberg ana
~ :, Neil SuSgs and Clarke. EMPIRES.
h!ster 'NauonaD ana Evans (Ameri-
cam.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-10-11
DEFENSE WILL NOT
SEEK ANY DELAY
Counsel for McNamaras Will
Ask for Change of Judges, and
Then Trial Will Begin.

Los Angeles, Cal, October i0-Oficial un-
certainty surrounded tonight every po!nt of
interest IL the trial OF the Mcnamara
brothers. except the fac, that it will begin
tomorrow.
the intcrS ttIonal Association OF Bridge and
structural Iron Workers. will then be
placed II trial for murder in connection
with the Los Angeles Times explosion of
october ], 1910. which cost twcnty-one lives,
or MS brother, James b. Mcnamara will
race trial on identical indictments was NOT
made known officially. because District Al
torney John ID. Fredericks said the defense
sim had the right to demand that bot
stand trial together.
until the expressed preference for sepa-
rate trials is mdde n certainty, which prob
ably Will not be before court opens MT 10
a; VI, the prosecution will not announce
when which man they will try first The popular
beliet. and that OF the defense is that
James B. Mcnamara will be selected
Attorney Clarence :. Darrow. chief coun-
sci Tor the defense. said tonight no effort
10 9eIay the beginning OF the case will be
We shall ask for a change OF judges. -
said Mr.. Darrow. I'VE expect that IL will
DC denied, and then the trial will 20 ahead =
me Mcnamara brothers, chatting In the
delay. Nf'Nu ''o
We've got to be ready" said John j. Me-
Naihara' II does not make any difference
TO us which of us is tried first
both men ut the request OF n.wspancr
men were weighed and photographed to-day.
ana George Gallagher, the jailer checked
aneir present weights against those record
90 When they entered April %, the jaii
which they have not left since lame, n
McNamara, who then weighed III nonnds
now weighs l42, and his brother John I'm e
h0"c up from so to 2l7 pounds.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-10-11
AIRING PARK
FOR GREAT GAME

Philadelphia, October 1o.-work-
men were busily engaged to-day put
ting Shibe Park in shape for the first
of the worlds championship baseball
games to be played here next Monday
Additional benches and desks were in
stalled and equipped with telegraph
wires to accommodate the army of
visiting newspaper men from all sec
tions of the country, while new fences
We're erected in the outfeld to prevent
the spectators from OVERLOOKING the
playing field
Those in charge of the press np-
plications say that never before has
an interleague contest excited so much
interest in all sections of the country,
and the demand has been SO great that
many applications for scorers seats
will have to BIO refused
In spite OF the extra force of clerks
put ut work late last week, 1t will
be impossible to catch up with the
large amount OF mail containing re-
quests for seats for tho first two games
to he played hcre. The supply of avail
ablo ticketa was quickly exhausted, and
II is estimated that moro than 100000
will havo TO be returned to the Send
era with notice that their demands
cannot be complied vSth.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-10-11
AL|EN|ST AGAIN
VISITS H UBARO
lspccIal 10 The r!mes-Dispatch.l

Lynchburg, Va, october lo-lt was learn
cd last night that DIR. J. s. DeJarnette, gu
perntendcnt OF the Western state Hospital
at stanton, who of the thres
alienists who spent some time saturday
with Ben HUBBARD tho slayer OF Or. Petit,
In Nelson county, visited the prisoner at
the Jail again sunday. DR.. DeJarnette again
talked some length with Hubbard but
nothing Is known to what conclusions
either he or DIR. Priddy or DIR. Drewry, who
were with him Saturday. have come 10.
II is pretty generally conceded here that
the plea OF insanity when the case comes
to trial In November will result in Hub
ard escaping the electric chair. for. in al
dition to what the alienists may have to
say. numerous people can be summoned from
Nelson county who Will testify that they
have always regarded Hubbard a man OF
unsound mind. though he was believed to
be harmless up to the time OF the murder
of DR.. Petit on September IS
1t is also believed now that there Will be
no necessity for military escort for Hub
ard when he is taken TO Lovingston for
have moderated in no mali degree.