davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-10
M'REYNOLDS SEEKS
NO new TRUST Law
Makes No Recommends
tons for Changes in the
Sherman Act.
PLANS TO SHELVE
JUDGES AT SEVENTY
Attorney General Reports Mate.
rial Progress in SURPRISING
"White Slavery"

Washington, Dec. s-Attorney General
McReynolds, in his first report as head
OF the law department of the government,
submitted TO Congress to-day, makes rev
recommendations for legislation. Tile
changes he urges have more TO do with
the machinery OF courts than with the
fabric of the law.
On an antitrust legislative programme
the Attorney General Is silent. He asked
for no amendment to the Sherman act.
the rod his department uses TO bring
trusts to terms, and he points out no
fault in its operation. President Wilson
intends TO send a special message to Con-
gress on the trust question In the near
future, and that undoubtedly will en-
body some OF the Attorney Generals
views.
Mr.. McReynolds made it clear, how
ever. that so long as he Is head of the
department he will oppose court DEGREES
IN antitrust suits where the combination
is dissolved into parts under the control
Of the same stockholders That plan,
adopted i'm the Standard Oil and Tobacco
cases, he calls a fundamental defect,
and adds: MY fixed purpose is TO oppose
any plan OF dissolution which would leave
the separate parts OF the unlawful COM
bination under the control OF the same
set OF men"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-10
BANK MUST FIGHT ALONE
u. S. Won't Aid in Income Tax
Suit of Elsie de Wolfe.
Il'rom The Tribune Bureau

Washington. Dec. 9-Instructions were
sent by the Attorney General to-day 10
the United States Attorney at Chicago.
ordering him not 10 intervene i'm the suit
filed by Miss Elsie de Wolfe. attacking
the constitutionality OF the federal income
tax law. II was stated to-day, however.
that IL may he necessary for the govern
ment ultimately to enter the litigation.
Attorney General McReynolds takes the
position that the suit is now primarily
directed against the Continental and Com
mercial Trust and Savings Bank of Chi
cago for the recovery of sJ.Gc on the
ground that the bank has refused to
make payment OH Thirty coupons OF the
Appalachian Power Company. lie Elk
poets that there will be many suits filed
throughout the country. and believes II
would be almost impossible for the De.
partment OF Justice To intervene in all!
Of item.
The suit OF Miss de Wolfe emphasizes.
II Is pointed out, what the bankers have
characterized as 1.-THE burden OF collec-
ton The action OF the Attorney GEN
eral in instructing United States Attor-
ney Wilkerson not to intervene indicates,
II is believed. that the burden" will re-
main on the banks, so far as the De-
partment Of Justice can escape IT,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-10
SHIPS IN SAFETY RECORD
Captain White Shows Steam
boats Achievements.

Washington, Dec. 9.--Captain george
A. White, president Of the Association OIL
Passenger Steamboat Lines, In speaking
at the annual dinner of the association In
the New Willard Hotel tonight, called
the attention Of the diners TO the remark
able record for safety which American
steamboats, had made this year. He SAID +:
1--WE have carried this year more than
80. 900, 900 passengers and the loss OF Ire
through the fault of our steamers mas
been nothing There have been added TO
the lines Of the association this year
three new steamers which have again
broken the worlds records as to their
class in size and capacity-the Seeandpee'
now the largest sidewheel steamer IN the
world the Berkshire, the largest river
steamer in the world. and the Washington
Irving, which carries the largest passen-
ger certificate ever issued. II Is graft
fyIng fact. and one OF great interest to
our members, that each or these new
steamers has made good
"When one considers that these steam
ers, like the majority OF other STEAMBOATS,
OF the association. have to make their
money in practically three months, II Is
rather startling fact that they ca"
qualify as good investments
Captain White said that in the matter
Of oversee trade there seemed to be little
hope for America, but that aside from
the menace Of the Seamen's Union bill
there was nothing to hinder the develop
ment of inland water routes.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-10
Would Retire Aged Judges.

The Attorney General offers a novel
solution OF the problem OF superannuated
federal Judges. Under the Constitution
federal Judges hold office during good be-
haviour. although they may retire at the
age OF seventy after ten years service.
81 suggest" says the Attorney General.
"an act providing that when any judge
below the Supreme Court falls 10 avail
himself Of the privilege OF retiring now
granted by law. the President be re-
ouired. with the advice and consent OF the
Senate. TO appoint another judge. who
shall preside over the affairs OF the court
and have precedence over the older one.
This will insure at all times the presence
of Judge sufficiently active 10 discharge
promptly and adequately the duties Of the
court"
Mr. McReynods suggests that Clerks or
United States courts should be appointed
for specified terms and subject TO removal
by the President for cause. and asks that
provision be made for a review by the
Supreme Court OF the now final decisions
OF the Court OF Customs Appeal, on APP
plcation only by the government He ap-
proves the bill introduced By Represent
ative Clayton giving the Supreme Court
power 10 promulgate rules for trials on
the law side OF federal courts. He re-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-10
Senate Leaders Forced to
Adopt Defensive
Tactics.
REPUBLICANS POINT
TO INCONSISTENCIES
Measure Will Be Passed week
from To-day or Before, Is
kern's Assurance.
From The Tribune Bureau. !

Washington. Dec 9.-For the first lime
since the currency bill has been before
the Senate the administration leaders
were Obliged 10 resort to defensive tact'cS
to-day. senate" Bristow, who signed the
report Of the Hitchcock faction OF the
Banking and Currency Committee, called
upon the Democrats to explain the virtues
of the system Of eight or more regiohai
banks over a central bank or system
Of four banks and inveighed against BANK
control Of the regional banks as opposed
to governmental control.
Senator Weeks. another Republican
member Of tho Banking and Currency
Committee. asked the Democratic leaders
10 Justify the administration bill in the
light of the utterance OF the President TO
the effect that the mobilization Of re-
serves and extension of credit would be
Of little use 10 the business man, no mat
Ter what opportunities lay before him. II
tho bankers continued TO control the credit
Of tho country. The Nandcrlip plan Tor
a central bank under government control
also was brought up to dscomht the
Democratic leaders
81 will admit" said Senator owen.
chairman OF the Banking and currency
Committee. that the Nanderlip plan might
be nut into successful operation, but IT
differs fundamentally in policy from the
system we propose for bankers bank
"The Vandcrlir plan was proposed In
tcrjected Senator Clapp. who resented the
intimation that il was suggested to divert
the Scnate's attention from the admins
tration bill. long before the question OF
currency reform was ever seriously
thought Of by the Senate
The bill We propose" said Senator
owen. provide that three directors APP
pointed by the government shall sit oppo-
site TO the directors OF the regional
banks appointed by the bankers
And that minority" rejoined Senator
Clapp. will probably have about as
much force as the present minority Of
the Senate has in the framing OF this
currency bin
Senator Kern expressed the opinion TO-
day that the currency bill would be
passed by the Senate by Wednesday or
next week. If not sooner The majority
leaders are counting upon a holiday re-
cess beginning on December y. Senator
Bristow I'm crticislns the administration
bill to-day said.
II do not believe that the smaller banks
II more than four are created. VIII be
able 20 pay expenses Of operation and
provide dividends for their stock. The
amount OF business available for them
will not be sufficient. The cutting up OF
the territory OF tue United States into
eight or ten regions will surely weaken
and cndanger the success of the system.
and I challenge any Senator to point 10
a single advantage which Ave. six. seven.
eight or a dozen regional banks can have
over four
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-10
ROCKEFELLER AND
HIS WORK SCORED
Anti.Vivise ction Congress Hears
Criticism of Institute and
Its Methods.
from The Tribune Bureau.

Washington. Dec. 9-Bitter denuncia-
ton of the Rockefeller Institute and It's
founder by Edward H. Clement president
Of the Third International Anti-Nivisec-
ton and Animal Congress. caused sem
sation nj the opening session of the con-
gress here to-day.
Here in this country declared MT.
Clement. zig piled up the largest mass
Of tainted wealth In the world. The
Supreme Court OF the United States has
solemnly pronounced ii tainted-tainted by
every sin I'm the Decalogue tainted by
covetousness. lying false witness. steal
ing. corruption OF lawmakers and courts,
and even arson and murder. And the
whole fostering. topping mass stands
crowned with the Rockefeller Institute.
Imagine IL proved that your healthier
scalp or sounder liver IL indicated. as
the physicians say. for Mr.. Rockefellers
badness and dyspepsia. Are YOU willing
that Mr. Rockefeller's jugglers should
take you, or one Of your sons. and. set
ting up your survivors in an afiuence
they never dreamed OF. proceed TO scalp
you-painless. OF course. perhaps with
prayers"
DR.. Hamilton Fisk BIgsar. one OF John
n. Rockefeller's physicians. made an al
dress on "The Restriction OF Nivisecuon'
and defended the Rockefeller institute,
saying that many reports about its prac-
tees we're greatly exaggerated.
Ernest Thompson-S Seton. writer and
naturalist. spoke on Cruel Methods OF
framing" lie denounced the use OF
toothed steel traps. declaring that traps
which will mercifully kill the fur-bearing
animals should be employed. The use OF
poisoned bait was also deplored by the
speaker
Other addresses were: Slaughter House
Reform" by Francis IT, Rowley. presi-
dent OF the Massachusetts Society for the
Prevention OF Cruelty TO Animals; HUI
name Societies Against Cruelty by Fred
erick T. Bethany, treasurer OF and coun-
sci for the Society for the Prevention OF
Abuse IN Animal Experimentation; The
Constructive Side OF the Administration
Movement" by Miss Lind-M- IIageby. OF
London. and Regulated Nivisection,' by
Miss Janet Richards.
Mr.. Belamy attacked the American
Humane Association and many OF the
smaller humane societies OF the country,
declaring that they were neglecting their
greatest opportunity In declining TO take
n stand against vivIsection. He accused
them Of being afraid OF disruption on
account OF the influence OF prominent
medical men.
Mr.. Belamy declared no investigation
could be forced OF reports that at certain
hospitals children were inoculated with
serums OF loathsome diseases by expert
mentors. and dangerous tests were often
performed on healthy ignorant persons.
lie said one physician had acknowledged
I'm a recent issue of medical journal
that he had sprayed the poison of small
pox. scarlet fever and diphtheris into the
threats and lungs OF seventeen healthy
persons whom he was treating. as they
supposed, for catarrh OF the throat
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-10
No Light from Williams.

Assistant Secretary Williams was APP
correspondents, who sought some light
on the legal complications set forth in
The Tribune this morning, but their
attempts were unavailng. Mr.. Will
Jams manifested such an intensity of
feeling and such bitterness toward The
Tribune that little that he said served
TO throw the slightest light on the
points raised by the correspondents.
Another disquieting development Of
the situation is the fact that several
stockholders Of the United States Trust
Company, believing that their rights
have not been properly conserved in the
merger with the Munsey company, have
made plans for some form of organiza-
ton and are openly declaring that
under no circumstances will they ac-
cept any appraisement OF the value Of
their stock or accept in lieu thereof
stock in the Munsey Trust Company, or
even part with their stock to the Mum
sey Trust Company for a penny loss
than its actual par value.
The bankers have been informed that
although the securities which the Mum
sey Trust Company or Lancaster X.
Williams placed in the hands of Assist
ant Secretary Williams as collateral for
the government deposit were the choice
Of those possessed by the United States
Trust Company, there is among them
second mortgage on an office building
for $1,000, despite the fact that the
first trust on this building is for 5000
600. In view of the trouble which the
owners Of many office buildings in
Washington are having in renting them
and the increasing difficulty which
some Of them are having in meeting
the interest on their bonded indebted
ness, this disclosure has not served TO
en- outrage those national banks which
are being urged by Assistant Secretary
williams TO assume responsibility for
the entire 81, 100000. secured now sole
~ by the assets Of the United States
Trust Company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-10
Sherman Law Gases.

Coming to a review OF the events with
which his department has been concerned
for the fiscal year. the Attorney General
shows that when he took office ffty-twp
cases were pending Under the Sherman
law, and that since March eight cases
have been begun. Complaints that the
law has been violated pour into the de-
partment by the score each month, and
come from all parts OF the country.
I'm many Instances" the report reads.
the investigation has failed to disclose
facts which would justify the institution
Of formal proceedings, but notice OF tho
activity OF the government has impelled
officers OF large industrial corporations TO
curtall dangerous tendencies. The Bureau
Of Investigation has looked into thousands
Of cases Of all kinds, those concerning
violations of the Sherman Law and the
national banking act averaging together
more than fifty a month"
Through the Bureau of Investigation
and a corps Of local white slave officers
the department, the Attorney General
says, has vigorously carried on the work
Of prosecution OF offenders and has helped
suppress the traffic. out Of the $4,000
allotted for the detection and prosecution
of crime $4,000 has been set aside for
that work and the Attorney General con-
cludes: "The department feels that very
material progress has been made, par
ticularly during the last year, in suppress
ing the most vicious features Of this
traffic"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-10
Aroused by The Tribune.

The Tribune's dispatch Of this morn
ing apparently aroused the Treasury
Department, and efforts were made 10
find grounds on which to prove it erro-
neous. Secretary McAdoo ordered
Photographic reproductions made Of an
informal application made BY the ma
tional bankers for the deposit of ST.
100000 with them, they agreeing in
turn to deposit the amount in the Mum
sey Trust Company.
An effort was also made to create the
impression that because Milton c. FL
lott, a sort Of receiver for failed banks.
was present at the meeting of the
bankers at which r. Lancaster Will
Jams announced that the Munsey Trust
Company had acquired the United
States Trust Company, and that the
Treasury would furnish 100000 cash
10 meet the demands Of the purchasers,
the statement that no official OF the
Treasury Department was party TO the
agreement reached at that meeting was
UNIV dTIdIttus II 10 VI it'Oiu lO"tNti'
that when Mr.. Elliott was asked IL he
were there in an official capacity he re-
piled that he was not, adding that he
had no authority TO speak for the Sec
rotary Of the Treasury, but that he
would be glad to furnish any advice he
could as the result Of his experience
with bank failures.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-10
EDITOR LIKED RADIO PLAN
F. D. Adams Testifies in Fed
eral Suit Against Company.

The government will probably rest its
case to-day against Lee De Forest, James
Dunlop Smith Samuel T.. Darby and Ell
mer +. Burlingame. who are charged with
using the mails to defraud persons into
buying stock OF the Radio Wireless Tele-
phone Company.
Frank u. Adams, editor OF The Mer-
camille and Financial Times" testified
Yesterday that his publication contained
In 1908 an article about the telephones
future. the purport OF which was that
passengers on transatlantic liners while
sitting in their staterooms would be able.
by use of the telephone. to hear singers
I'm the Metropolitan Opera House. The
witness said he believed tho article and
It's promises.
Following the publication Of the article
the Radio company bought 5000 worth of
copies.
Commander Cleland Davis and Lieu
ter ant Commander George g. Sweet. OF
the United States Navy. testified that
telephones were installed on the battle
ships when they circled the world. I'm 1908.
the agreement being that the test was not
10 be used for purposes OF publicity. A
wireless operator on one OF the ships said
the experiments had not been satisfac-
tory
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-10
Would Wipe Out Govern
ment Deposit and Start
Another Plan.
LAWYERS AT WORK
ON COMPLICATIONS
Trying to Unravel the Intricate
Situation Due to the Trust
Company Merger.
fFrom The Tribune Bureau

Washington, Dec. 9.-"Every banker
broker or other person not an author
lied depositary of public moneys VINO
knowingly receives from any disoursins
officer. or collector Of internal revenue
or other agent Of the United States any
public money on deposit, or by way Oh
loan or accommodation, with or with
out interest, or otherwise than in pay
ment of a debt against the United
states, or who uses. transfers, converts
appropriates or applies any portion OF
the public money for any purpose not
prescribed by law, and every president
cashier, teller, director or other officer
of any bank or banking association
who violates any of the provisions OF
this section is guilty OF an act OF en-
bezzlement Of the public money so de-
posted, loaned. transferred. used, con-
verted, appropriated or applied, and
shall be punished as prescribed In Sec
ton 5.4SS."-Section 5,497, Revised
Statutes of the United States.
Section 5,4SS, referred TO in the above,
reads as follows:
Every disbursing officer Of the
United States who deposits any public
money intrusted TO him in any place or
in any manner except as authorized by
law, or converts TO his own use in any
way whatever, or loans with or with
out interest, or for any purpose not
prescribed by law withdraws from the
Treasurer or any assistant treasurer
or any authorized depository, OF for
any purpose not prescribed by law
transfers or applies any portion of the
public money intrusted to him, is. in
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-12-10
Treasury Officials Startled.

The discovery of these sections of the
Revised Statutes appears to nave
startled the Treasury officials and. pos
sibly, Frank \. Munsey. The utmost
excitement prevailed in the Treasury
Department throughout the day, ana
Mr.. Munsey approached certain men
more or less closely involved in the Nt-
uation with inquiries regarding tho
feasibility of having the entire trans
action by which his trust company re-
Ceived a deposit of S1,OoO,WD of gov
eminent money wiped out, stricken
from the record and the transaction
begun anew in some other city-Balti-
more, for instance.
Mr.. Munsey's idea was that the ma
tional banks of such city could apply
for a S1.OOO.OOO deposit, or utilize some
portion of the crop moving fund they
already possessed, and then deposit
that sum in the Munsey Trust Com
pany. This would permit the immedi-
ate return of the S1,0OOOOO deposited
in the Munsey Trust Company OF
Washington TO the Treasury, and thus,
perhaps. overt the complications which
have arisen in connection with the
course of Assistant Secretary John
Shelton William. his brother, Il. Lam
caster Williams. and Frank A. Munsey.
Just what advice was given to Mr..
-, ha NJ hnNn
learned, but it is known that even this
step would not be free from complica-
lions. Ii Is doubted that the Munsey
Trust Company could return the ST.,
100000 already deposited with 1t by the
Treasury until the additional million
dollar deposit which Mr.. Munsey now
proposes were deposited with it, and 1t
is regarded as questionable that the
national banks of Baltimore, or any
other city, would care to assume the
responsibility of depositing an addi-
tional million in the Munsey Trust
Company, all the more so as Mr.. Mum
sey has not yet made good the promise
of his personal representative. Stuart
Olivier, that Mr. Munsey would deposit
$500, 600 cash in his own institution.
So thoroughly involved have become
the legal complications growing out of
the action of Assistant Secretary Will
Jams in his efforts to facilitate the alb
sorption of the United States Trust
Company by the Munsey Trust Com
pany that the special committee ap-
pointed by the Clearing House to con-
fer with Assistant Secretary Williams
decided to-day formally to retain coun
sci. Nothing further will be done until
the attorneys can sift the numerous en-
tanglements and advise the bankers as
to just how far Assistant Secretary
Williams may have transgressed the
law, and, should he have done so,
whether they have incurred any re-
sponsibility for his acts.