davidaulloa/AmericanStories huggingface dataset:
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-11-09
Now incorporated with Shipping an,
Mercantile Gazette, 1t VIII Soon
Appear Separately.
Special Dlspa.ch }

LoNpoY. November x
he announcement that Lloyd's List
IS to have separate existence as a
daily newspaper next year is OF in
teros' from The fact that. with the cx-
oeptlon OF the London Gazette, it is the
eldest newspaper in London
II was started by the city coffee house
Keeper, Edward Lloyd. who gave his name
20 INC great corporation OF underwriters.
Lloyd kept a coffee house in Tower street.
on, about 1902 he removed 10 Lombard
street. To his house were attached the
merchants engaged in ship hroking. and
IN the course OF time they made it their
usual meeting place.
h!oEd vas man OF business and enter
pi1sc. and he conceived the idea of iss,,jn
q newspaper devoted 10 shipping ana com.
ncrcc The first number appeara5 in Sow.
iember 1886, and was called I.lovd,s
news 1t was very modest production.
consisting Of a single sheet printed on both
siies the le,terpress measuring only Ioia
inches by 5'a inches There was no regular
Gay OF publication. its appearance being
regulated evidently by the supply OF news
bn, this news would seem to have been
forthcoming IN abundance at times. for
there were weeks when as many as three
numbers were issued from the press
but the newspaper had a brief career.
and with the seventy-sixth number GssucJ
on February %, 1881 it ceased publication.
In the final issue Lloyd had apparentIv
given offence to the government by an.
nouhciEg that the Quakers had peti,ioned
The House OF Lords TO be excused from all
offices. According to the Protestant Mer-
curry, Lloyd was desired that, the state
hent being sroundlcss and mistake, he
doc rectifie In his next"
This the coffee hou3c keeper declined Ia
do, but he promised not to publish any
further numbers for time
The British Museum, In It's great collec-
uon Of newspapers. has but one copy OF
Loyd's News. but in the Bodlean Library
al Oxford there is almost complete set OF
the entire Issue. only the first six numbers
being missing.
lttwas not till l72o that the newspaper
made its temperance. and then with tho
Title altered to Lloyd's List. Whether
Lloyd himself was responsible for its PUB
.ication 1t Is impossible to say; but at an,
'ate it was issued from "Lloyd's Cofre,
House
IT Is this ncwspa per which stir exists to-
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-11-09
HEADQUARTERS.

Judge:-"Do you have as much troubl,
finding your cuff and collar buttons as yo,
used to-"
No; always find EN- In one olac,
now"
"ludeed!"
Yes go to the vacuum cleaner"
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-11-09
Especial DispatchD
LoSDoH. November &.

IT HOSE Of his friends and critics who
thought that Mr.. Arthur Rackhain
WAS wasting his natural talent IN
Wagncrian subjects will point 20 his OK :
hlhition at the Leicester Galleries as a
complete qualification OF their opinions,
which were formed on his inmitable
drawings for Rip Van Winkle" the
"Ingoldsby Legends and more or less
similar themes His genius finds fullest
bcape, not In naginative flights. but In
the fanc!fJi and tho grotcsquc. particu-
larry as they appeal 10 children OF all
agns lie Is the arts, OF the nursery.
Just IN William Miller was its laureate.
with rare inslgh. and charm Ne illustrates
the iattcrs:
Wee wnl!e n!nk!e run. through the
Upstairs and downstairs. In his night
goun.
Tirlin at tho window. cry1n' a, the lock.
Are the weana In their beds. io- It's roo
ten ociock?'
Most OF his water colors at the Lclccs-
ter arc pictorial comments and appre-
cations OF Mother Goose" and other
nursery rhymes. LAS Was Going 70 ST.
Ives shows Mr.. Rackham's rancy IN it's
happ.cst mood. lie him sf figures as the
fortunate pilgrim TO 81, Iycs-tortunatc .
that Is, 10 have seen such an avalanche
Of OATS and witches and even more so in
his ability n prcscn, his fantastic visions
In this graphic fashion Very sympa-
thctically he enters into tile JOY OF the
squirrels and The brownies a. they watch
tho fair maid who on the first Of May.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-11-09

Shh-Lal the Parliament hri,1ir ,,
- INC CITY would DO the scene OF
t., ana INC soldiers would
20 nc presidential palace and dc.
''" 9h!h-kat Emperor This. OF
nay nave been merely Cisment
'''a ''o''' o"t the belief was en-
H., ''e" res''ehts Us well as
''d'' something un;cward
~. u oppohehtS OF yuan had
=, ''0' 90 eject MIN.
u 'drI'ament approached
''pS were accoStcd By elderly
tt VI ''" F'ad ana begged
lChina ,,,,.,,.,,. 'N',i-N'' 50 tha'
them w.rc .,., "''' so'''e OF
mctbod -, ,, sueees'eu thd'
% 'pPeal thcy stated that they
inerfor,n.,,a 'e''S each ioF the
tbrou.-, ~ 'e"''erS PASSED Ill
.rr,y =, 81" enc formidable
scIc.,,,oi,,.a, ''e on''ho"s looking
NJ y,,a, c,,,,s OF INC interests
made YIN u 'I'e'n' no DOUBT.
pocket tboi, nro;,,,,. ''.a' '"oy hdd oetter
as ,ha mo, ,,,i,t eas. 'ne'r votes
result was No, 80 .,ooa,,.., ''eN' out 'ne
3 Shih- kai a. no, . "a"
would he '''oNs"' IL
=, 'hc;h 10 Elect.
80 OF every one the first
'e'''''e" III INC provisional President
~ ~. t' 'cn'hu Inc requisite number
opening OF the ballot
when tho roy,,, ,o ''s7 interest ana
soldier. 81. ""o"h among The
tina, haao., "''1 'cS'iesS movement
: lI;.,ro,,,a., ~ go Tor 'n- unhappy Par
vor,han. ',,''cu III INC building
''" "oout the grounds
torirv roc,,,o, - 'edVo were percmp-
-atc r.,s 10 10 50. The
Ior so,d,ors oS " 'arse' noisy mob
violence g. ph5sicdi
Ia ouor,,, az" 80 prevented
Tho ,o,,
/ Inn. d,to.,a., "'s'c" 10 escape were
5 cd f., Tho ho,, ''ey respond
5 was no, 49,. '"' second ballot 1t
| food '""c"coh timo and no
! ,,or ,,., ''"eu Ill inc enclosure,
, no,,.S o' 81 III Parcels and
'''.u po'"oS to the guardians
AT inc safes and they refused them ad-
, tbat -, ~ "as' 'ney thought it better
lana 60 ho hr,,,a-,.. '.'"'u S'arVe little
~. 10 their senses.
ballot wa. - INC evening the second
e, lsbth.la, 49, ana once again Yuan
votes 'D'"'ii the required
mo,. o '' ii'ir'iur OF astonish-
's VIC visitors In the galleries.
~, .,. " 'N o"aH1pcr regarded
OF them wero ,r,,, "'iiSFS as some
strained t. were Tess re-
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-11-09
Payment for Votes Already
an Exact Science in China
Election OF Yuan Sl-ka to the Presidency Attended by
Amazing Circumstances, in Which Recacrants Are
Buldozed and Even Starv ed While Forced IN Noic


Pckin. November 5.

Pckin. November
HE recent election or Yuan Shih-kai
to the Presidency OF the Republic of
China affords most interesting ex-
amplcs OF what peculiar Things can be
done in free and enlightened republic
rs this newest and largest asprent TO re-
publican honors is called by the heroes"
who founded it.
The election of "A Chinese President COM
parcs in no particular with a similar event
in America There is no stumpins the
country, no tearing round and whipping
the citizens 10 a frazale from tie tail Of a
hundred mile an hour express no sixteen
speeches a morning BY rival candidates no
popular uphcayal: no booze" But there
is abundant doodle" Payment for votes
is reduced to a fino art, and the ostcnta-
tious display Of force is reduced 10 A finer
one. That is where the would be President
in China has the advantage il he happens
to have been in power over the army.
The election which has just placed Yuan
Shihkai in the Presidential chair came
ahead of the constitution which he swears
TO uphold. The committee which occupied
the Temple OF Heaven in It's work OF draft
ing constitution was making remarkably
slow progress when animation was con-
vcyod to them at the instance of the Prcsi-
dent that it would he we'll IL they first of
all drafted the section dealing with the
election OF the President and postponed
the remainder for later day. The hint
permitted of no evasion 1t came Just as
Yuan Shih-kai arrived OF top OF the rebels
and after the heroes" had placed the Sea
or Japan between themselves and what
they had previously cuphcmistlcally dc
scrbcd as the greatest Republic on
earth"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-29
FINDS FAULT WITH
NEW HAVEN'S BOOKS
Government Accountant De-
cIareS Items Entered as AS
sets Were Liabilities.
CITES A S20,OOO,O00 ENTRY
Witness Gives Figures Showing
Increase of capitalization
Ten Times Greater than
That of Revenue.

Boston. April 2s.-rhe examination of
David 4. Brown. tho governments &C
countant was continued by Louis ID.
Brandeis at the hearing to-day Of the In
tcrstate Commerce Commission on the
affairs of the New York. New Haven &
Hartford Railroad Company
Mr. Brown said that for the year ended
June 80. 1908, the first year included in his
examination OF the New Havens books.
the gross operating revenues aggregated
81, 29eo77. The figures for the year ended
June so, 1912, were S6I35o.2ls showing an
increase of approximately i2 per cent in
nine years.
&. +. Choate, jr.. who appeared as coun-
sci for tho New Haven road, suggested
that the figures quoted for 1908 included
the revenues for the marine lines of the
company. Mr. Brown could not say posi-
lively that was not so. but he understood
the figures he gave were of steam railroad
operations
The gross operating revenues for the
year ended June 30. 1906 were s52, 9Si ,32e2
The increase from this date TO June 80
1872 was approximately y per cent. The
report OF the New Haven road to the
stockholders for 1908 was introduced and
showed that the gross revenue from rail
and steamer lines was nearly 100000
indicating that the 81, 296 or mentioned by
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-29

Washington. April 25.--"Hawaii IS gwen
a chance TO prepare for u funeral or TO
prepare for the deathblOw 10 be admin
istercd to its industries by the Demo
cratic tariff bills provision for free sugar
In three wears" was the declaration Of
George r. Carter. Ex-Governor of Hawaii
who is in Washington as the representa-
tive of the Merchants Association ana
the Chamber of Commerce of honolulu
MIR. Carter declares that the sugar INDUS
trv Is the foundation OF Hauau's pros
perty and that if the programme OF INC
Democratic leaders prevails Hawaii VIII
die commercially. He does not bclioVe
the anti-Japanese agitation in California
will develop into anything OF serious
nature. His opinion is that tho political
parties involved Democratic and Pro-
gressivc-arc trying TO make capital out
of delicate subject He says however
that Hawaii would prove the bulWark OF
the Pacific in the event of var with
Japan.
I've HaNaiians had not the slightest
suspicion that tho Democratic party
would attempt anything so radical as free
sugar" said Mr.. Garter tonight Tor VIC
rested on the assurances of the party
platform and the President himself that
the new tariff would not destroy any i'm
portant industry. But tho Underwood bili
is a notice that We are 10 be buried COM
mercially in three years and We should
make plans for the funeral. After the
news of the bill reached the Islands bust
ness was stopped and a mass meeting OF
protest. in which everybody Joined. was
/ held. The whole territory was aroused.
Sugar is our one great industry. 1t
provides S. per cent Of the 100000 an
nually expended by the local government
and in addition it pays $1,000 into
Uncle Sans Treasury every year. II edu-
Gates our twenty-sevon thousand school
children. Free sugar means that the next
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-29
0'G0RMAN HANGING BACK
When Invited by President, He'll
Go to White House.
fFrom rhe Tribune Bureau

Washington, April 2S.-President
Wilson and Senator OGorman seem n
be playing a game of hide and seek
over the Colectorship Of the Port n,
New York, and Secretary Joe" Tum.
uty is ''it," according to his own
confession.
Throughout the day the Presiden,
has been under the impression that he
was TO have conference with MP
O'Gorman early this evening regard.
ing the Colectorship. Also, through the
day Mr.. O'Gorman has been under the
impression that no conference between
himself and the President was pending
This evening, Mr.. Tumuty. who is very
much in the game, submits that he
could not squeeze in" the somewhat
rotund Senator from New York and
blushingly admits that he himself is
it," The President and Mr.. Tumulty
now expect the conference 10 take place
some time tomorrow.
Senator O'Gorman is merely stand.
ing pat and modcstly protests that he
has no expectations whatever, although
he will, of course, go TO the White
House whenever he is asked 10 do so
by the President.
At the White House, Frank Lyon
Polk is still regarded as "the one best
bet" for Collector and it is almost GER
tain he will be nominated, although
President Wilson is anxious 10 avoid
ANYTHING savoring of a break with the
New York Senator and hence has as
sumod a conciliatory attitude and has
not been disposed TO bring matters to
crisis by sending in the nomination be-
fore having final chat with Mr..
OGorman.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-29
STANDS BY CREDITORS
Supreme Court Hits at Reorgan-
izations to Evade Payments.
DECISION BY FIVE TO FOUR
Declares Person Not q Party to
Change May Hold Corpora
tons Successor for Debt.

Washington. April 9S.-In decision OF
momentous Importance, especially as 10
railroads. the Supreme Court laid down
to-day the general principle that credl-
tor Of corporation. not party TO its re-
organization. may hold its successor for
his debt.
In this spccifc case tho court. fve 10
four. I'm decision which Justice Luitoh'
who dissentcd. declared was alarming
held the Northern Pacific Railway COM
many responsible for a $4,000 judgment
held by a Mr. Boyd against tn" Northern
Pacific Railroad Company. which II Sue
cecded. despite the fact that the court OK
prcssly stated that no moral wronGdolhs
WAS 70 be found in the reorganization.
Corporation lawyers who heard the &C.
cision declared IT was direct bio" III
the practise Of roorcanizins corporations
10 get rid Of onorous contracts or TO os-
cane pavment to unsecured creditors. It's
effect they thought, would be farrcacn-
ing.
Justices Holmes. Van Dcvanter and
chief Justice White concurrcd with JUS
ticc Lurton's dissent.
"Corporations insolycnt Or financially
embarrassed" said the opinion. often
find IL necessary TO scale their debts and
rcadjust stock issues. with an agreement
10 conduct the same business with thf
same property under q reorganization
This may be done in pursuance TO phi
,atc contract between bondholdors and
stockholders and though the corporation
propcrty Is thereby transferred 20 new
company having the same shareholders
tho transaction would he binding between
tho parties.
But. Of course. such transfer ny
stockholders from thomselyee 10 them
selves cannot defeat tho claim Of non
asserting creditor. As against him. the
sale is void In equity. regardless Of tho
motive with which Il was made. For II
such contract reorganization WAS con
vummatcd I'm good faith and ignoranco OF
tho existence of the creditor. vet, when
nc appcarcd and established his dent. tho
subordinate interest ~ tho old stocknold'
ors would stlH be subject 10 his claim IN
the hands Of the roorCanizod COMPANY
There IS no difference in principle II the
denomination. instead Of being c0ociuat'
Cd hv private sale. is consummatod by 2
masters deed. under a consent decree.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-29
PUTS CHECK ON BIG TRUSTS
Senator Cummins Would Regu-
late 100000 Concerns.

From Tho Tribune bureau
Washington. April S-Furihor res,ric-
tons on the activity Of trusts arc pro-
posed IN bill introduced to-day ny Scna-
tor Cummins. author ~ tho report sub
mltied by the Interstate Commerce Com
mlttcc At the close Of the last Congress.
senator Cummins bin. which IS not 10
apply to corporations having a capital ~
less than $4,000 or to common carriers.
aims Al the prevention OF intorlocking
droctoratos by prohibiting officers or
members Of the board Of directors of
one compaL- from serving a. that ca
racitv n they act m the same capacity
with or have an interest in a competi-
tive COMPANY Directors OF CORPORA
ton arc also 10 be prohibited from scrv-
ine as directors Of banks capitalized At
more than 100000
In like manner the corporations are
prohibited from maintaining an interest
in transportation companies OF receiving
any part OF tho freight charges Of "A com
mon carrier and penalty is to be inn
posed on corporations which sell their
products below cost for a period longer
than two months. with the purpose of in
dieting injury on competitors. stock
watering H. To he prevented by the
restriction that the capitalization shall
not exceed 10 per cent OF the fair property
value. Exception is made in the case Of
corporations witch through business
losses do not comply with this require
ment.
Mere biSness is covered by the prohibit
ton against corporations the amount of
capital OF which is so great as 70 destroy
or prevent substantially competitive con-
dltions."
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-29
URGES ANNIVERSARY TRILOGY
Maxwell Asks School Principals to
Honor Nature Peace and Flag,

William II. Maxwell. Superintendent Of
Schools. sent circular yesterday TO the
principals of all tho city schools, asking
them to observe Arbor Day on Friday.
the anniversary OF tho opening Of the
first Hague conference, on May lS-the
18th being a Sunday-and tho lS6th an
niverssry Of the adoption OF the Ameri-
can flag on June IT,
lie homes that Arbor Day will be oh
served by exercises "of a literary and
musical character with Nature as the
subject" and emphasize the impcr-
lance OF the actual planting OF trees.
shrubs and flowers. or tho planting of
seeds. being the chief feature OF the day
The celebration Of Peace Day. he hopes.
will begin with exercises suggesting the
great benefits that would accrue 10 all
nations through the adoption of the
Hague Peace Conferences policy Of Ar
bitration" on Flag Dag the pupils
should be taught tho significance Of the
nations rag.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-29
FIND RICH NEED MOI
PAY ANY INCOME TAX
Republican Senators Say Demo-
cratic Measure Lets Wealth.
lest Men Escape.
WIDE LOOPH0LE PROVIDED
Exemption of Incomes from
Corporations Held to Relieve
Most Millionaires from
the Graduated Tax.
From The Tribune Bureau.l

Washington April 2S.-Changos in
he income tax law to stop the gap
~ which John -. Rockefeller. George
q. Baer. Andrew Carnegie. II. G..
Prick and other millionaires will wholly
escape the income tax which the House
ourposed 10 impose on swollen in
.omes" and need pay only the existing
corporation tax will be proposed by
Republican Senators. if the Democratic
members of the Finance Committee fail
% revise the bill framed by their col
cagucs.
II the law is adopted without change,
- the bill is interpreted by many Sem
tors. John y. Rockefeller will pay
MY per cent. while the holders Of
mail fortunes who do not derive their
Incomes from corporations will pay the
raduatcd tax provided in the bill, run
ing mp TO per cent.
Senator Borah takes the view that
he retention of the corporation tax
features provides a refuge for the re-
-ipients Of the swollen incomes The
net incomes Of corpora tons arc taxed
per cent. and in computing the in
comes Of individuals receipts from this
source are. for this reason, exempted.
As MI Rockefeller and most of the
men whose incomes run into the mill
tons derive their incomes entirely from
the, corporations i'm which they arc IN
terested. their tax will practically be
per cent. whether their incomes rur
into seven figures or not. some Of the
l,rge fortunes are derived from real eS-
Ilte held Individually In this event
,ev will be subject to the graduated
"a but. II is pointed out, it would be
very easy matter TO incorporate such
,oldings. in which event the l per cent
afe would prevail, and would render
he income immune from the graduated
lX.
The Senators hold. therefore, that, as
FAMED by the Democrats, the bill Will
mpose relatively a much lighter bur
en- on the men Of great wealth than
~ inc men OF Hlputl dt' itSpNAN 49, "a
he case Of the spanish War stamp
AK in many instances the consumer
vas made TO pay the burdens. Many
concerns. such as express companies,
made no attempt to conceal the fact
hat the corporation merely trans
erred the tax 10 the consumer. prices
being increased TO cover the tax. The
same thing may ne done. II is held, by
corporations which can transfer the
corporation tax 10 the consumer. IN
the case Of oil. for example, A small
increase in price would cover the per
cent on net receipts paid under the in
come tax bill. and Mr.. Rockefeller and
many others of the wcalthiest men,
who are expected 10 pay the lion
share Of tho income tax. would escape
paying any tax at all if they chose TO
evade 1t in this manner
The bill, 1t is declared. gives the cor
poration great advantage over the in
sividual. II a man receives an income
VI more than S2OOO0-below which the
tate is | per cent-from his own Dusi-
Jess. or as salary, or as fees for pro-
'essional services. he will be subject IA
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-29
CALLS FREE SUGAR
FIAWAH'S DEATHBLOW
FIX Governor Carter Declares Democratic
Tariff Programme Means Destruction OF the
Islands One Great Industry.

Governor Of Hawaii must reduce the gov
ernment expendituros TO a 5000 basis.
We are now eXpcndinC $4,000 sugar
money A year on education alone
The new tariff bill discriminates most
unjustly against Hawaii in favor OF 'he
foreign sugar growers OF the Iacinc
Ocean II proposes TO put us Oh if''
trade basis for what VIC produce, put "o'
for what We buy. our supplies are not
free. The tariff on the jute bags We use
Is % pcr cent. We are not given Tree
labor. We cannot import cheap orleh'd'
labor 70 compete with the sugar planter
Of Java or Formosa. We arc coinPeneu
TO ship our sugar TO New York III Amer
lean vessels at so a ton Our sugar pro-
ducing rivals in the Pacific can sup III
foreign subsidized vessels at cost oil -
a ton. As lovaI Americans We are VIII
ing to stand the extra freight put VIZ
must have some tariff advantage 10 0o"'
pensatc us If we arc 10 live.
I'VE are told TO turn to some otner crop
For wears We have been trying 10 III
vcrsify our farming b. raising o'nc'
crops But we are far from markets. we
arc dependent on crop that We can nam
die ana ship IN large quantities ana tha'
will keep during the shipment. we 90
raise some pncappes. but II We attempt
cd TO put our $4,000 acres Of sugar planta-
lions into pineapples we could not ma A
market for them.
This step will have grave political CON
sequences throughout the Pacihc. LOT IL
puts our commercial prestige In question:
Japan has adopted the European poucy
Of stimulating the production of sugar III
the island of Formosa. II would indeou
be strange IT, from lack Of foresight ana
, through ignorance Of the conditions IN inc
Pacific. American legislation should make
ii possible for Formosa 10 take the place
of Hawaii and WELD the larger influence
in the future development of the Orient
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-04-29

the graduated tax. No matter how
much the corporation receives in ok
cess of $4,000. it pays | per cent On
its net receipts and no more.
1t is the belief Of the Republican
Senators that the Democratic members
OF the Finance Committee Will under
take 10 remedy some Of the defects Of
the present bill. If they do not IT viii
be a target for general attack in the
Senate. The income tax provision is
now in the hands Of subcommittee
consisting Of Senators Williams,
Shivelev and Gore. Senator Simmons
being a member ex-officio. which WIS
appointed to-day. Later it will be
taken up by the majority members Of
the committee.