davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20
THE "MONEY TRUST"

Mir Unrermyer has proved. from Nr.
Morgan's own lips. that the firm OF j.
Z. Morgan q Co. does q very good busl-
hess I'm providing a market for the new
securities issues Of corporations. That
IS a long way from showing that it has
a monopoly Of the supply of capital and
can prevent a meritorious undertaking
from being financed We do not see
that there Is anything Inconsistent in
what has been brought ont with Mr..
Morgan's testimony that there is 40
money trust And we incline very
strongly 10 believe what he says about
the impossibility of the control Of
credit falling into any one mans or one
trusts hands, not chiefly because he
says If, but because Of the inherent alb
Surdity Of the whole conception.
And we say this in spite Of Mr.. Tn
termyer'S tremendous figures regarding
"mterlockng directorateS" and their
control of S2j.OOOO 100000 These liz
urcS are produced i'm this way: vt the
centre is J. l.. Morgan & Co. Partners
i'm that house are directors i'm certain
banks and other corporations Some
directors I'm these banks and corpora
tions are directors I'm other banks and
corporations. So the total assets are
added together 10 reach the $2j.OOO0OOt
coo.
The process reminds us generally Of
that ingenious method 10y which. start
ing with two parents, four grandpar-
entS and eight greatgrandparcntS. you
work back and prove that 40 the time of
Adam man Of to-day must have had,
instead Of the one common ancestor OF
the Biblical story. many billions of an
cestorS, more billions even than Mr..
Cntermyer has yet been able 90 figure
out in the possession ~ his money
trust "
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20
IN WASHINGTON SOCIETY


Washington, Dec. 19-Representative
Cannon and Miss Helen Cannon received
several hundred guests at an old-fash-
Toned informal tea this afternoon. when
they presented the ex-Speaker's grand.
daughter. Miss Virginia lie Seure The
debutaute who was called the House
baby" because she was go much with her
grandfather wore gown of white satin
draped with white chiffon embroidered
in silver and bordered with black fur.
She carried pink roses. A huge vase of
American Beauty roses stood in the centre
OF the tea table. Assisting Miss Cannon
and her niece In receiving were Mrs.
lockwood Hoar Mrs Richard Reid ROg-
ers, Mrs Charles Spalding, Mrs. Busby,
Mrs Danforth, Miss Phelps and Miss
Gillett. Tho girls with Miss lie Seure
were Miss Eleanor Reyburn. Miss Mar
garet Draper. Miss Dorothy Haywood.
Miss Frances Hoar. Miss Elizabeth Rog-
ers. Miss MATHS, Miss Katherine Weeks
and Miss Dorothy Aleshlre. Members Of
the Senate and House almost In a body
paid their respects. as did diplomats and
members Of resident and official society.
Mrs. Leonard Wood entertained at a
card and tea party this afternoon at Fort
Myer In compliment 70 Mrs sydney A.
Cloman.
Brgadier General and Mrs. w ".
Wotherspoon entertained dinner party
tonight in honor Of Colonel and Mrs.
Cloman. who are visiting here prepara-
tory to going to California.
William \. Andrews. formerly OF the
legation In Panama and recently appoint
e to a new post. arrived in Washington
to-day and Joined Mrs. Andrews and their
son az the Grafton. lie will remain for
Christmas week.
Mr. and Mrs. Richard Harlow enter
tanned guests at dinner tonight.
Mr.. and Mrs. Harry Williams. jr.. or
Philadelphia. came TO Washington to-day
10 visit Mrs. Russell b. Harrison and Mrs.
Saunders. mother and grandmother Of
Mrs. Williams. They viii remain until
January /
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20
NEW YORK SOCIETY.

Mr. and Mrs @ Maurice Heckscher
gave dance last night in the new ball
room Of the Ritz-Carlton. which was at
tractively decorated with roses. palms
and bay trees. Many dinners We're given
I'm conjunction with the affair. among the
hostesses being Mr. and Mrs Heckscher,
who had party with them at their
house. No g. West jlst street: Mr.. and
Mrs Z. Stuyvesant Pilot, at No ll6 East
J6th street. Mr.. and Mrs Richard l..
Morris at No. 81 East 49th street and
several others. The dancing was general
throughout the evening and a supper was
served az midnight on the balcony at the
entrance 10 the ballroom
Among the guests We're Mr. and Mrs.
oliver Hartman. Mr.. and Mrs. Buell.
HOLSTER. Mr. and Mrs William Warner
Iloppn. ir., Nh ana Mrs Bayard c. Hop
pin. Mr.. and Mrs. stephen Brown. Mr..
and Mrs Willard 5 Brown, Mr. and
Mrs l. Townsend Burden, ir Mr. and
Mrs James \. Burden. Mr. and Mrs. Oren
Root, Mr. and Mrs David Wagstaff. Mr..
and Mrs. Walter y Stillman, Mr. and
Mrs Joseph t. Davis, Mr. and Mrs.
George +. Baker. jr., Mr.. and Mrs. T..
Bailey Nanderhoef, Mr. and Mrs. Morgan
Cowperthwaite. Mr.. and Mrs. Kenneth
b. Schley, Mr.. and Mrs. Bernon s Prem
tice. Nj and Mrs. Harold II. Weekes,
Mr. and Mrs. Charles G. Auchincloss, Mr..
and Mrs Lewis Morris. Mr. and Mrs.
Kenelm Wlnslow, Ma and Mrs Frederic
T. de Rham, Mr.. and Mrs. Alexander ID.
b. Pratt. Miss Marjory Blair. Miss Beat
rice Pratt Miss Mary Pyle, Miss Angelica
Brown, Miss Edith, Miss Agnes and Miss
Cornela Landon, T.. Coster Wilmerding.
James \. Blair. ir., Evander Schley. Per-
cy II. Pyne. I'd. Moses Taylor Pyne, jr,
William Scott Pyle. George h. Wagstatf,
Harold PMmmer. George Wrenn, r.. Vic
tor LOew. Frank A. Munsey, Harrison
Tweed Devereaux Milburn, Pierre Loril-
lard, jr, Robert l.. Bacon and Harold
lmbrie
The first this sea son OF the series Of
dances organized by Mrs Robert r..
Livingston and Mrs. Rowland Davis took
place last night at the Colony Club. Din
ners were given previous TO the dance by
Mrs Rudolph III. kIssel. Mrs. Livingston,
Mrs Davis and Mrs. Elisha +. Cronk-
hite There was general dancing through
out the evening and supper was served
at midnight. Among those present were
Miss Cornela Chaplin. Miss Emily Coe.
Miss Laura S. Livingston. Miss Ruth and
Miss Sybil Davis, Miss Katherine Chaplin
Miss Pauline Clarkson. Miss Margaret
Harris Miss Anne Cronkhite, Miss Jane
Morgan w. Montague Geer, jr., Charles
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20
THE CABINET.
rFrom The Tribune Bureau. !

FROM ~ lilJhii' 'Ni'""F
Washington. Dec. ls-The President
and Mrs. Taft were for the first time this
season guests OF a Cabinet member, the
Secretary of State and Mrs. Knox enter
tanning I'm their honor. On account or the
departure OF the President and Mrs. Tart
for Panama, the dinner was served al
7:3O O'Clock. On the round table was a
large plaque-shaped centre piece or yell
low orchids. and from the summit OF the
mound rose the ancient tree, measuring
foot high. which the Secretary and Mrs.
Knox brought on their recent return from
Japan.
The guests at table besides Mr.. and
Mrs Taft were the Brazilian Ambassador
and Nine. da Cana, Senator and Mrs.
Winthrop Murray Crane, Senator and
Mrs. Sutherland, Senator Root, General
and Mrs. John A. Johnston. DR. and Mrs.
Wilmer Dr.. and Mrs. Charles W. Rich
ardson and Mrs Edward Il. Stotesbury,
OF Philadelphia
The Secretary of the Treasury and Mrs.
MacVeagh entertained tonight in honor
OF Miss Taft, first giving dinner with
twenty-nine additional guests, and a
dance for which hundred or more young
folk were invited. The table was set IN
the large conservatory and decorated with
Killarney roses, while the decorations all
over the house were I'm red and green, to
carry out the Christmas suggestion. The
Marine Band alternated with piano num-
bers by Trial Davis. The Misses Meyer,
Miss Nagel, the Misses Gamble, nieces OF
the Secretary OF War and Mrs. Stimson
and debutantes OF the last two years with
several young married couples, were in
cluded among the guests.
The Attorney General and Mrs. Wick
ersham entertained the British Anbassa-
dor and Mrs Bryce a dinner tonight and
invited to meet them the Postmaster Cen
eral, the Peruvian Minister and Nine.
Pezet, Senator Brandegee, Rear Admiral
and Mrs. Wainwright, Miss Boardman,
Mr.. and Mrs Arnold Hague, Alfred
Mitchell lines. British counsellor; Miss
Biddle. Mr.. and Mrs. Charles Francis
Adams. Miss MacVeagh and Mr.. and Mrs.
Arthur Jeffries Parsons.
Miss Flora Wilson entertained at lunch
con to-day at the New Willard in honor
OF Mrs. Charles Warren Fairbanks
Her other guests included Mrs. Will
lis Van Devanter, Mrs. John W.
Timmons. Mrs. William Alden Smith, Mrs.
Frances r. Warren, Mrs. John B. Hem
derson. Mrs. Frank Ellis. Miss Helen
Cannon and Miss Amaryllis Gillett.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20
BALBOA'S DAY.

If was happy thought 10 select
what may fttlngly be termed Balboa 5
Day az the date Of the passage Of the
first ship through the Panama Canal
September - Of next year will be the
4OOth anniversary Of that epochal time
when
With eagle eyes
He stared at the Pacific,-aud all his
men
Looked at each other with wild sur
mise
Silent, upon q peak In Darien.
That was an event which crowned
the work that Columbus had left I'M
finished. and blazed i'm advance the
way which was TO be followed by Cor
tez. by Paterson, by L.esseps and at
last trlumphantly by Colonel Goethals
and those who have been labOring with
him during the last eight years. No
more appropriate date could be chosen
for This cOusummatiOn OF the desires
aud dreams of four centuries; nor
would 1t be uniting If the progress Of
the vessel through the canal were 10
be prolonged through several days, so
that it might reach the waters of the
Pacific on September %. the anniyer-
sary of the day on which Balboa wad-
ed waist deep into the South Sea and
proclaimed dominion over ii for the
King of Spain.
The story of the isthmian achieve
ments Of that impoverished lIidalgo Of
Estremadura is one of the most ro-
mantle and most tragic IA history. from
his escape from his creditors concealed
in a cask. through his discovery of the
Pacific and his organization of the ex-
pedition for the conquest of Peru, which
il was left 10 PiZarrO 10 fulfil. TO his
judicial murder at the hands of Pedra-
riaS. the ''Timour of the Indies It's
supreme chapter is told simply enough.
however. by Galvano, as rendered into
English by Ilakluyt:
In the year 1913 Nasco Nunnes de
ValbOa hearing speech and news OF
the South Sea, determined TO go
thither. although his company dissuad-
ed him from that action. But being a
man Of good valor. with those soldiers
that he had, being two hundred and
ninety, he resolved TO put himself ipto
that jeopardy. He went therefore from
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20
THE NEW HAVEN AND PULlMANS.
From The BOston TransCrIpt.

From The Boston Transcript.
The trsnfference OF the sleeping ana par
Tor car service on the New York. New Haven
A Hartford To the pullman company -
probably u good business proposition. The
New Haven is among the few large railroad
systems that operate their own sleeping and
parlor cars. The public demand for steel
cars would mean the conversion Of all It's
..parlors" and "slecpers" from wood TO the
more shock -resistlng material Considering
that a first class sleeper "spois the looks
OF 10000 the operation would be an eX-
pcnsiye one That expense can be avoided
TO say nothing or the charges for mainten-
ancc salaries. etc. by letting the Pullman
company tring In It's steel cars on system
from which II has been heretofore practically
excluded There are many Pulman-built
cars on the New Haven now. but they are
not Pullman operated. The enhancement OF
Pullman revenues by the change VIII be
appreciated by many Bostonians. since a
very considerable part OF the capital stock
of the Pullman company u held in this city.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20
LESE MAJESTE.

One Bull Moose at least has discOv-
cred that the wicked old days of
machine politics were days Of COMPARE
tive freedom of speech and opinion.
: Mr.. Gardner, member of the Pro-
gressive State Committee and repre-
sentative Of the 18th Assembly Dis
trict in the Kings County Progressive
Committee, has learned that the rule
Of the people" does not mean the right
Of personal Judgment about Bull Moose
bierarchs. He has been expelled from
the county committee for criticlsing
Mr.. Hotchkiss and opposing the selec-
ton OF Mr.. Roosevelt's nephew for the
state craftsmanship.
The unselfish Mr.. Woodruff, who led
the movement to expel Mr.. Gardner as
an object lesson to all who would use
the party for selfish purposes. EN-
broidered the charge Of Iese majestic
with some other allegations. Mr.
Gardner once ran booth at Brighton
Beach and read palms. Let this be a
warning to the lady Moosers who
read palms at church fairs. He once
accelerated" certain railroad inter-
ests. George W. Perkins, be careful.
He nominated John Palmleri for At
iarney General. who after inyeStiga-
ton received a clean bill from the Pro
gressiye authorities. Let nobody here
after propose the wrong candidate in
a Bull Moose convention. He has, il
is said, failed TO pay somebody some
thing he ought TO pay. Never again LET
q man who doesn't pay his debts run
for office on the Progressive ticket.
supplementary proceedings are judi
cial. but not judicious. The chief OBJ
lection to Mr.. Gardner stated by Mr..
Woodruff, however was his crime OF
Iese mdjeste committed at the meeting
which made Mr. RoOsevelt's nephew
state chairman. "rhe Brooklyn Eagle
in its report Of the expulsion proceed
ings says:
Mr.. Woodruff declared that the
speech which Gardner had prepared TO
deliver. but which was shut off after
copies had been given TO the newspa-
pers, was an effort TO insult the retir-
ing chairman, Mr.. Hotchkiss; the new
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20
A REVERSAL.

Attorney General Understands OPP
position to pro rata distribution OF
The Union Pacific Railroad Company ;
holdings Of Southern Pacific stock
among its own stockholders Is an APP
parent reversal of his position in re-
gard to the dissolution of the oil and
tobacco combinations. In those cases
he defended the pro rata distribution
and has since maintained that the re-
suit was all that was necessary for the
restoration Of competition. TO the pub
I lie there seems TO be no practical diff
I ference which would make pro rata
distribution in the dissolution Of the
railroad combination ineffective for the
purpose of carrying out the Sherman
law II it was effective in the dissolu-
ton of the oil and tobacco trusts.
In his argument before the Supreme
Court yesterday the Attorney General
made the point that a majority of the
Union Pacific shares are held by rela-
lively small number of persons or cor
porations but the control OF the oil
and tobacco trusts was even more con
centrated. If a pro rata distribution
OF this combination would result in
making those who held the majority OF
The shares of the Union Pacific Rail-
road very large holders Of the Southern
Pacific stock, the oil and tobacco com
binations were divided into companies
all controlled by exactly the same per
sons. The pro rata distribution in the
dissolution OF these trusts was Criti-
cised by others. not by the Attorney
General
No doubt the court would lean TO q
method Of breaking up combination
into separate companies with distinct
ownership if Mr.. WickerSham or any
one else could suggest a practicable one.
such II result would plainly give more
promise Of restoring competition than
the method which has hitherto been fol-
lowed. But to sell the Union Pacitic's
Southern Pacific holdings, $12G,0O0O00
in securities. would doubtless, as the
attorneys for the railroad told the Su-
preme Court yesterday. result IN great
losses TO all concerned, since that
amount could hardly be thrown on the
market without disturbance
In this case, since the Union Pacific
did not hold the entire stock OF the
Southern Pacific. a market may be
found for part of the stocks that must
be disposed Of among the minority
holders of Southern Pacific. This is
what Mr.. WickerSham aims at. And
il 1t can be accomplished without Il
sacrifice Of values the court may order
this method Of dissOlylng the oOmbina-
tion. But in arguing against the eflec-
tiveneSs of a pro rata distribution Mr..
Wickersham is taking a position that
may be embarrassing TO him when next
he has a combination TO dissolve like
the oil and tobacco combinations, where
there is no large group Of minority
stock holders in one Of the companies
whose independence is 10 be restored
His present argument also reflects upon
what has been accomplished In the re-
cent dissolution of combinations
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20
LEGALIZING EVIL
Segregation Means Encouragement
Along Road to Ruin, Says Woman.

To the Editor Of The Tribune.
Sir: You are giving us some powerful
cartoons every day, each of them strlKihS
right at the root OF the evil II illustrates.
EspecialIy go was the one In Monday
Tribune. which showed a woman sweep
ing the dirt under her bureau-out OF
sieht. No more truthful representation
of segregation Of the social evil could De
made. Here We have a room that mas
been made decent and orderly outward
IN. as far as the eye can see, nut from
that dirt segregated under the bureau
emanate germs and odors which NIL the
whole room, bringing in their wake dead
" and dangerous diseases TO all VINO en-
ter there. Those I'm the room do not reel
any danger, because they see nothihs
but II that dirt was out in plain slght
where all could see, then. and then only
would the jewellers In that room begin 10
try to exterminate 1t. Sweeping dirt
from one place TO another does not eX-
terminate IL or make it less dangerous
Segregation is only a guarantee Oh SaietE
TO men and boys in the indulgence OF
their worst passions. and thus Is an en-
couragement along the ROAD TO rum IL
is also The grossest insult ever ohered 10
womankind showing up more PLAINLY
than anything else in the world the IN
Justice which rules toward women. There
is lust one effective way Of doing away
with the social evil. and that Is puDlicIl'
for the customers OF such places. A Few
men can he appealed TO by what Is Just
a few BIZ education. a few by what ~
l,,, afp can De
shamed into life OF at least outward
decency-that is, decency of act II not oil
thought And if the demand were de-
creased the supply would soon die out
AS soon az 1t does not pay well to rent
such places. so soon will the majority go
out of the business. As long as the tre-
mendous number OF customers continues
so long Will the social evil flourish.
MIRIAM STRONG.
New York Dec 49, 1912
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20

chairman. Mr.. Robinson and also the
leader of the party. Colonel Roosevelt
himself 1t was this speech that Gard
ner was forced TO read 10 the meeting
later. when il aroused shouts of That's
enough, that's enough"
Enough? We should think il was
enough More than enough. Men
have become undesirable citizens
and members Of the AnanlaS club FOR
far less. Henry VIII cut off the head
Of Sir Thomas More because he
wouldn't say that he didn't think I'M
favorably Of the Kings divorce and
marriage. What does Mr. Gardner eX-
pect when he speaks right out against
not merely the nephew, but the great
uncle himself. for whom piouS Bun
Moose parody the sacred hymn and OF
whom they sing:
Anywhere. everywhere,
We will follow him
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20

Darier the first Of September. carrylh
some Indians of the country win MIN
10 be his guides. and me marched across
the country. sometimes quietly, soiA'-
fines I'm war. and i'm "a certain pl"c'
called Careca he found negroes. cap
tivcs. with curled hair. This NaIno"
came 10 the sight OF the south sea ol,
the twenty Gfth day Of said MONTH anu
on ST. AIichaers Day came unto H.
where ne embark I'd himself OF
which good service of his Don fefnl =
nando. the King, greatly la\oTe1 anu
bonored him and the King APP
pointed Ndsco Nunnes de Nalboa gov -
ernor of the South Sea and oI tha'
coast.
The scene of this exploit was not al
Panama. hut hundred miles to the
east. i'm the Darien region ana at the
very narrowest part Of the entire iStll-
INNS. between Puerto EScOces ana the
GuIf of san Miguel. where N laler
wears William Paterson eSSayed to
found British colony and 10 construct
a canal under the Union Jack. Bul the
commemoration may well he at Pan
anna. With singular felicity Of choice
the names of CriStohal and Colon have
bepn given to the places at the CariD-
bean end Of the canal and that 81
Balboa TO its Pacific terminal. me
historic commemoration will be com
plpted by the actual opening of the
canal on Baboa'S Day, after four hum
drpd wears
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20
THE INSTALMENT PLAN
Suggestion That Wilson Give HIS
Presidential Message in Broken Doses.

To the Editor Of The Tribune.
Sir: Through the good graces OF an ''-
commodating editor and one who wishes
to serve his constituency. as well as MS
country. | wish to make a few friendly
suggestions on how to write, or. rather
give out. the Presidential message
Now. the thing | suggest is that you ask
Congress to petition Mr. Wilson, Presl-
dent-clect, TO give that message to them
by instruments and sections, and tnat the
press take 1t up likewise. and give 1t out
10 the public by instruments and sections.
The benefits are legion. First the peo-
ple have neither time nor patience 10 read
that bulky. volumlnOus document at one
time or sitting. l. is consequently laid
away. and the wife, child or house girl
makes away with II, and that Is the last
OF a valuable matter on which the chief
Magistrate Of the nation worked so long
and 50 hard.
We like the physician that gives his
medicine IN broken. small doses. ana
sec no reason why the President can I
give us the message likewise.
/ recommend that he take IT up topic
by topic. and let the leading and most
important topics constitute an entire in
stalment II We read about tariff in one
instalment we think tariff, talk tarin
and dream tariff, whereas, II We get u
all together. involving a score Of topics,
the mass OF confusion is scrambled IN our
minds and we asslmiate but little.
Another advantage is found in the fact
that the laws OF psychology do not admit
or a bulk OF mixed ideas at one time.
There is not much similarity between the
tarin and the pensioning OF the eX-
Presidents SO TO have both topics in one
issue confuscs the two and the result Is
bad. JOSEPH y ShlKh9.
n.,,s.- IA.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20
HARVARD LIST ABOVE 5000
Every State in the Union and 20 Tor
eign Countries Represented.

Cambridse. Mass. Dec 19.-HarVaru
registration for the college year Is o.
including the membership or the various
faculties and the students OF the SUD
mer school The student registration u
4 400. according To official figures.
Every state in the Union Is represent
ed by students and twenty-nine foreis"
countries have 1874 representatives Inc
eprolment OF Massachusetts men IL =
OtS. New York is in second place WIZ"
l39
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-20
AT NEW PORT.

fBy Telegraph 20 The Tribune
Newport. Dec. l9-Miss Augusta +.
Hunter has taken possession OF the
Dennis cottage in Everett street
Colonel George r. Fearing OF Ne"
York. is making an inspection OF his
place in Narragansett avenue.
Miss Maude X Wetmore is the guest OF
Mrs. Hamilton Fish Webster
Miss Fanny Foster has returned to Bos-
ton for the rest OF the winter
Mr.. and Mrs. Charles 3. Hilihouse VIII
make extensive improvements to the
Bruen place before they take possession
I'm the spring.
Rear Admiral and Mrs. French T.
Chadwick left here for New York THIS
evening. They will soon sail for a nVe
months stay abroad.
Mrs. William b. Caperton and MISS
Marguerite Caperton, of the Naval sta
ton. will spend part OF the winter vi
Washington.