davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
Secretary of State Declares
Congress Will Put Curb on
Corporate Activities.
HAS PRAISE FOR WILSON
Peerless One" Urges Jersey
Voters to Elect Fielder and
Thereby Uphold Hands
of President.
tBy Telegraph TO The Tribune. |

Perth Amboy. N. j.. Oct. 3O.-Declaring
That no trust would be safe or tolerable
until God had sent angels TO run it,
William Jennings Bryan, in speeches here
and at New Brunswick, tonight declared
that the regular session OF Congress
would enact legislation to put "A curb on
the activities of the various trusts now
extant In this country.
Mr. Bryan came here primarily to speak
for the election Of James f. Fielder, the
Democratic candidate for Governor. and
he made a vigorous and almost pathetic
plea that the people of New Jersey up
hold the hands OF President Wilson. saw
Ing t. him. well done, thou good ami
faithful servant" by voting for all the
Democratic candidates.
While most of Mr.. Bryans speeches
was devoted TO a eulogy Of President
Wilson and his administration, he found
time 10 say that the pending currency
bill was "A marvel of constructive legisla-
ton. Its benefits, he declared, were so
balanced that IT ought to be- satisfactory
To the whole people. 1T has advantages
enough he said. Ito make the bankers
happy, but not enough to make the people
mis-, rable."
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
TODD ESTATE S34,027
Riches of Woman Who Died on
Railroad Tracks Vanish.

After an effort Of more than year ana
a half to trace the vanished fortune
which Mrs. Margaretta Todd was believed
TO have left when she was found dead on
the tracks of the Reading Railroad near
Philadelphia i'm 1895, DR.. Solomon Golden
kranz. state transfer appraiser, reported
to the Surrogate's Court yesterday that
the estate was appraised at only s3i.UH.
Reductions for administration and legal
expenses left a net value of $26,032. There
was a long contest over the will of Mrs.
Todd and at that time. 1906, 1t was esti-
mated that the estate was valued al
$4,000.
II was believed that large part OF
the estate was dissipated by complicated
litigation. Practically the entire estate
went to Mrs Resale T. Hastings.
daughter of Mrs. Todd, at whose death
a remainder interest will 20 TO other rela-
tives. Mrs. Hastings was the widow OF
Frank Tousey when she married George
Gordon Hastings.
Mrs. Todd owned real estate worth $25.-
O32. Her furniture and jewelry was APP
praised at 5000 and she mad bank de-
posts of 1896.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
One Problem Led TO Another.

The problem of the number Of regional
hanks led to-day Ia tn" consideration OK
the number OF regional bank branches
and the functions they will perform. d
question to which little attention was
maid bv the trainers of the House bill.
This i'm turn led To- discussion Of the
relationship between the regional banks
aud I'm. federal board. which led finally
70 the suggestion that a bank and clear
i,, house Tor the regional banks he es-
tsblishcd iu Washington.
The whole problem will be taken up to-
morrow. when II Is probable that tho
number OF regional banks will be liked at
four Specific provision will probably be
made In the bill for the establishment OF
branch regional banks in the forty or
more reserve centres In the United States
The slow progress made on the bill led
the committee to decide To meet earlier
hereafter and sit until . o'clock In the
evening. \ suggestion by Senator O'Gor-
man that night sessions be- held was re-
icrtcd. The difficulty experienced In dis
uosiur Of complex problems which con
front the committee makes IL more than
doubtful that report will he made by
November 10.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
TARIFF CLAUSE TO WAIT
McReynolds Gives Opinion on
5 Per Cent Proviso To day.

From To" Tribune Blr'auI
Washington. oct. 30.-Thc Attorney Gen
eral will leave tomorrow night for st.
Paul to argue the trust case against the
international Harvester Company. Before
lis departure he expects to submit to the
Secretary OF the Treasury his opinion as
TO the Interpretation of the per cent
preferential provision in the tndcrwood-
Simmons tariff law
No secret il made of the fact that the
administration is rather puzzled over the
effect Of the provision. There are several
views entertained by officials, but the
general belief is that the provision should
not be permitted TO become effective untll
there is no possibility OF international
complications.
Mr.. McReynolds does not believe that
the proviso is necessarily in violation OF
any OF the commercial treaties, as the Dill
specifically guards against such result
His idea is that the provision can ohiS
opcrate where importations In American
bottoms came from countries having no
commercial treaties with the Ihited
states
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
A Democrat Defined.

The speaker also defined Democrat
and told OF a question he had answered
recently as TO how much money man
could have and remain a Democrat. Il
told the writer Of that letter" he said.
that If "a man got his money honestly
ho could always be "A Democrat. so long
as he got the money. but when the money
got him why he became Republican"
The Democratic party, he declared. was
harmonious because it had platform
and a programme. He asserted President
Wilson had back OF him more public SEN
timont than any President in a genera
ton. President Wilson. he held, had put
an end 20 terrorism, because he had set
men free 10 vote as they wished.
FOR seventeen years" he went on,
men have told us that disaster would
follow Democratic success. But we have
passed tariff bill. and instead Of the
prediction of the alarmists coming true
and business going To the dogs business
men are advertising In the newspapers
that they are going on with increased
facilities"
Referring again to the currency BILL
Mr. Bryan said the bankers made their
fortunes with the peoples money. so why
shouldn't the people ask the government
10 regulate the bankers.
Before Mr.. Bryan spoke I'm New Bruins
wick. Everett Colby the Progressive can
didate for Governor, called on him to
shake hands \ large number of Rutgers
students were In the audience and gave
the Secretary OF State a couple Of loco
motives" which put him In fine humor
Mr.. Bryan will spend the night in New
Brunswick Tomorrow he will speak at
Elizabeth in the afternoon and at Jersey
city In the evening.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
MEXICANS WORRIED
OVER THE OUTLOOK
Wonder What u. S. Will Do if
Returns Show Huerta and
Banquet Elected.

Mexico City. Oct. 30.-With the election
Of Generals Huerta and Banquet as Pres
ident and Vice President almost a fore
gone conclusion. according to the official
returns, the question as to what Wash
ington purposes to do is keeping the for
eign residents and the majority of Mexi-
cans In a state of painful suspense. On
the surface at least. the administration
is giving little consideration to the sub
ject seemingly taking the ground that
the Mexican people have declared In favor
of Huertas continuance in the Presi-
dency.
Many Americans have already packed
their portable belongings. preparatory to
flight and are facing the necessity OF
leaving their household effects To fate.
They express little hope of finding any
think left on their possible return The
inadequate storage facilities are already
overtaXed, and most of those who con-
template flight expect to leave their
homes in charge of Mexican caretakers
as the only alternative.
What the new Mexican Congress will do
with reference to the elections no one
undertakes to predict, although the state
ment made recently by Senior Moheno'
Minister of Foreign Affairs. is regarded
as rejecting the Executives desire
Senior Moheno asserted that in the event
of Congress finding that a majority OF
the votes were cast for Huerta and Blan-
quet the votes for Huerta would be de-
clared void because of his ineliGibility un-
der the constitution, and Banquet would
assume the VicePresidency and the act
Ing Presidency. pending the calling OF
new elections.
Mexican attorneys take issue with the
Foreign Minister, declaring that II Blan-
quot is adjudgcd elected to the Presidency
IL will be for the uneXpired SIX years
term. which was begun by Poriirio Diaz
in December, 1870 and continued by Fran
cisco de la Barra Francisco Madero and
General Huerta.
Federico Gamboa, Manuel Calero ana
David de la Fuente appear to have con-
coded their defeat. To the impartial OBJ
server, IL only remains for Congress To
be reconstructed and announce the cleo
ton of the administration ticket-this to
be followed by Huerta's proclamation re-
nOuncing the votes cast for him.
y thorough search is being made by
the police for further evidence OF an
alleged plot against the life Of President
Huerta disclosed TO the authorities last
night by two women, who said that they
declined 10 take part in the conspiracy
Several arrests have been made.
General Geronimo Trevino, whose capt
ure by rebels during an assault on
Monterey was telegraphed TO the federal
authorities yesterday by his son, was re-
Gently called to Mexico City by President
Huerta, who is said to have offered him
the provisional Presidency. General
Trevino is reported to have refused the
post
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
Defends Currency Bill.

MI Bryan said the recent crop loan by
the Secretary of the Treasury was an IL
lustration of how the new currency bill
would work. Instead OF feeding the
money to Wall Street to distribute, he
said, the new plan Will be to distribute It
directly TO the sections needing it. Speak
Ing OF coming trust legislation. Mr.. Bryan
sad the President, in his message, gave
a line on what was going to happen.
We can assume" he said, that il
trust is indefensibe it will not be de-
Tended. and If it is intolerable it will not
be tolerated. We will not say there are
man who was good enough to sit at the
head OF trust and decide what the
price OF things should be. Trusts will
never be safe or toerable until God has
sent us angels 10 take care Of them, and
our experience has been that those who
have been in charge have come from Le-
low"
The Peerless one" declared man
could nov be- "A Democrat and a member
Of a church something that was thought
impossible some years ago. II am an
elder in the Presbyterian Church. he
said. and high priest I'm the Demo-
cratic party. and don't find that one
does not get along with the other"
Mr. Bryan said the eyes of the coun-
try now were on New Jersey, because the
people OF the nation were anxious TO
see whether those who gave Woodrow
Wilson to the nation were going to in
dorsc or repudiate him. lie pleaded with
his hearers not TO let New Jersey turn
back. but 10 support Mr. Fielder because
OF the encouragement his election as Gov
ernor will give to the reformers Of the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
Democratic Senator Gives the
Currency Committee a New
Problem to Consider.
APPROACHES CEN TRIAL BANK
Number of Regional Institutions
May Be Gut from Twelve
to Four, with Branches
in Reserve Centres.
From The Tribune Bureau

Washington. oct. 3o.-The problem OF
fixing the number of regional reserve
banks TO be established by the proposed
currency bill proved to he too complex for
the Senate Banking and Currency Com
mttee to solve after several hours Of dis
cussion to-day.
Senator Nelson proposed that three
banks he established, and Senator OGor-
man proposed five. As a compromise
resolution was presented fixing the num-
Der at four. to be located at New York.
Chicago. St Louis and San Francisco.
Although the committee arrived at no
conclusion and will continue the discuh-
sion Of the question tomorrow, there APP
pcarcd 10 be a very strong sentiment IN
favor of accepting this plan. The number
provided by the House is twelve.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
MEXICO'S TREASURY EMPTY
Government Employees Unable
to Collect Salaries.
ICY Gable to The Tribune !

Mexico City. oct. 3O-Government
employees are wearing long faces to-
night To-day was payday. but they
did not receive a cent Of their salaries,
there being no money in the exchequer.
This is the first time such a thing
has happened since the days OF the
French Empire. It is said that the en-
ployes will be paid tomorrow, and that
the Catholic party will advance the
funds, but the employees feel by no
means sure Of getting their pay to-
morrow, and in the mean time they are
falling into the clutches of usurers.
who charge 10 per cent interest a
month.
1t is felt that the lack Of funds will
be a decisive factor in the expected de-
yelopmCnts of the Mexican situation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
Clearing House Proposal.

The suggestion was made by Senator
Reed that a national bank Of issue and
clearing house for the regional banks
and their branches be established IN
Washington This led to further discus
sion, and at the close Of the days ses-
sion the committee appeared to be almost
as far from decision as when 1t began.
The proposal for the establishment OF
a national clearing house here appeared
10 meet with some approval. Ii calls Tor
the establishment of bank under the
immediate direction OF the federal board
AT which the reserves Of the proposed syS-
TEN shall bc concentrated. which shdI
issue the notes, and which shall act as a
clearing house. IL approaches the central
bank idea more closely than the pending
bill. II IL should be adopted the question
OF the number Of regional banks will be
Of less moment. as the Washington DahK
will centralize the system
The committee is finding II dithcuit To
pass on any one of the Fundamental dues-
tious without taking into account the sys-
tom which they uuderi". one problem ~
SO closely associated with others mat u
is almost impossible 10 solve ono without
solving all. The only definite action taken
has been 10 drop the Secretary OF Agri-
culture and the Controller of the Curreh-
cv from the federal board and to elimi-
nate the provision FOR committee on or
ganizatlon to put the proposed system
into operation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
ALASKAN SALE PROPOSED
Peace Union Thinks Canada
Should Have Panhandle.
[From The Tribune Bureau. |


Washington, oct. 3O.-The sale Of the
Alaskan panhandle to the Canadian gov
eminent is proposed in a resolution of
fered in the House to-day by Repre-
sentative Frank o. Smith, of Maryland.
The resolution directs the President 10
enter into negotiations. but II was not
considered. as only about fifty members
were present, and Representative Pou
raised an objection.
The Maryland Representative offered
the resolution at the request Of the Uni
versal Peace Union, of Philadelphia. In
its preamble ii is set forth that the Alas
kan panhandle forms an unnatural bound
airy TO the Canadian provinces that it
hampers the development OF adjoining
lands, and will eventually give rise 10
irritation between this government and
Canada which will become acute IL is
further contended that the act of this
government in transferring TO Canada
this narrow strip Of land would be the
most eloquent act Of the policy Of mutual
concessions necessary TO establish uni
versal peace"
Mr. Smith had with him n long state
ment which suggested that the Alaskan
panhandle could be exchanged for Brit
ish Honduras, and then Uncle Sam could
trade British Honduras 10 Mexico for
Lower California and a part of the
Sonora desert. Then, 1t is suggested,
American enterprise could convert Lower
-. g,,N.. ,ffafs
ture Egypt capable Of supporting a mill
ion people" BY utilizing the waters of
the Colorado River. It is added that
with Lower California We would acquire
Magdalena Bay. n first class naval base.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
FOR MODEL POST0FFICES
Experts to Test Methods to
Better the Service.

Washington, Oct 0-Postmaster Gen
cral BurIeson has decided to standardize
the entire postal service, so far as pos
sibic. with view to greater efficiency.
TO this end the department. will operate
several model offices as 'dynamos from
which to charge the entire chain and
system OF offices throughout the conn
try"
The Investigations viii cover every
phase of the service, including collection
OF mail. methods Of handling In post
Offices and on trains. and hnal delivery.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
Country Surfeited with Bonds


IF the true story Of all municir,, r,,.
debtedness now concealed behind ,.a.,i,,,.
temporary makeshifts. so as n ,r,i,,.f,.
an ostensble credit and help push an, ,bo
annual crop OF new or rcfuudips. bo,,,ts
could be told, 1t would shock the country
and give pause even to the advocates -,
unlimited expenditure for public MIR
poses" said Mr.. Hill.
THE situation with regard to bopds
generally spoken OF as IndustrjaIs. ~
worse. The field is so large ana 40
diverse as TO defy statistical tabuIatiop
Hundreds OF millions Of bonds have be.p
issued to promote consultations. those
securities being part OF the purchase price
of the smaller concerns To- be united In ono
big corporation.
Formerly and always in any properly
financed undertaking. the limit OF a bond
issue is the total cash value Of Tangible
property in possession: not it's value for
the uses 10 which il is being or IS to lie
put, but It's value as an asset for lmme-
date conversion by forced sale at any
time into cash. Under this rule the IN
weston might rest secure
Now II In altogether different. Not
only wildcat concerns, which are outside
the range Of this discussion. bat COM
panies Of real merit and solyency. CON
Quoted by men who would scorn to do an
act commonly recognized as dishonorablc,
do not hesitate to bond their business for
very much more than could be obtained
from either forced sale or careful
liquidation.
THE country is waterogged With bonds.
Confidence cannot be restored until the
name bond has won back something Of
it's old standard. And that cannot happen
until issues are limited by moderation.
conformed to the value Of the security
and confined to the margin Of aafety and
the form of credit for which the bond
was originally designed"
In the beginning of his address Mr.. Hill
said among other things: Less than a
years subsistence stands between man
and starvation. That is the measure Of
his accumuIations. Six and a half bush
els of wheat per capita is low estimate
for consumption and seed.
THE 100000 people living, according
10 the census estimate, in the United
States in 1918 would require go. 800. 600 bush
els TO keep their stomachs and fields In
condition for year. That is a little less
than the crop of 1871 and a little more
than the crop OF 1912. Subtract our total
exports Of domestic wheat and -four for
the last three years from our total wheat
production and the average surplus re-
tanned for home consumption is less than
600 600 0C0 bushels per annum.
What is true OF our bread supply is
more than true of most other necessaries
that we consume and produce. We could
live for few months only on our savings.
Immense IS seems the total Of accumu-
lated wealth, most OF it is not available
for consumption
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
KEEP STEELMEN AT WORK.

Chicago. oct. 20.-Notices were posted
to-day at the plant Of the Illinois Steel
Company. in South Chicago, that here
after employees would work only six days
q week The object of the notice, ii is
said is 10 keep as many men as posi-
Die employed i'm the winter. il may be
possible 10 re-emplOY many men who
nave been dropped from the payroll
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
BRITISH PRINCE NOT ENGAGED.

London. oct. SO-The report current on
the Continent and published in the United
States of the betrothal of the Prince Of
Wales and the Grand Duchess Tatiana.
second daughter Of the Russian Emperor.
was to-day officially declared TO be 4
pure invention.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
'WATERL0GGEO'
BY BONDS, SAYSJ.J. HILL
People Would Be "ShOCked' if
They Knew Indebtedness Hid
Behind "MakeShiftS."
VANDERBILT GIVES WARNING
Tells Investment Bankers Glass
Bill Means Fiat Currency
Blames Senate, Which He
Thinks Fears House.

Chicago, oct 3O-James j. Hill ana
Frank 4. Vandcrlip, speakers tonight at
the dinner that closed the convention OF
the investment Bankers Association OK
America, sounded q note of warning to
the business interests of the country.
Mr. Hill. whose subj ,ct was Railroad
Financing OF the Future" said that the
country is waterloGgod with bonds.
coincidence cannot be "cstored' he said
until the name bond has won back some-
thing OF it's old standard
Mr. Nanderlp said that Congress vas
in danger OF sddding OH the country
a ruinous policy OF fiat money. The
Senate, he said, was hestating and fear
full of doing anything against the wishes
OF the House.
THE fatal defect of the Glass bill IS
that it starts the country on an issue
OF fiat currency" he said. The notes
proposed are fiat notes. They have no
reserve whatever provided by the gov
eminent. and they are to be lent without
limit to a number of banks. There is no
case in all history where nation has
started OH an Issue of fiat money that
the result has not been n complete break
down Of the financial system of that
country"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31
Thinks Senators Afraid.

Mr.. Nanderlip urged. instead of res iouai
banks. d single central bank owned by
the people and under government control
same climate and crop stresses would
affec: the entire region. bringing too
heavy a strain upon the resources of the
bank. Competition for reserves among
rcgiona! banks and forced investment by
national banks in regional bank securities
were fatal objections The central bank
met every requirement.
Il beGeve the intellectual judgment of
every member Of the Senate committee
approves such plan" said Mr. Wander
lip. POLITICALLY. however, some OF the
members set serious obstacles The fact
that the House is committed 10 a regional
system is a serious obstacle. The disposi-
ton OF the Presiden; not 20 consider or
even to discuss any other plan than the
Glass-owen bill is an obstacle The dec
laration of the Baltimore convention
against a central bank ls a difficulty.
Were it not for these three things / hav.
no doubt That the Senate committee would
be well OF their way to-day toward COM
plotting the bin for such central insti-
tuition"
The hope for the removal of these OBJ
stacles TO sound legislation" said Mr..
Nanderl!p, lay in the mCulding Of public
opinion that would be felt by the Senate
The Senate was intellectually convinced
to-day and needed only 10 know that tho
public was convinced
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-31

and thus put an lend to the periodical
scare over it's impending occupation oy
anotr power"
Auttaja. [volume] (Ironwood, Mich.) 1906-19??, 1913-03-27
v~allasta ia ilm~oittautuu Immanuelin
kaskyn haltijain tykona.

vallasta ia ilmoittautuu Immanuelin
kaskyn haltiiain tykona.
Koska viela tanapaivana sano-
taan: saa tarkemman tiedon omai-
sudden laadusta kuhn my0s ehdot
vastaan ottamisesta. Halulliset os-
tajat -saavat talouteen ~kuuluvista
papereista tiedon ~profeetain, evan
kelistain ia apostolein kirjoituksis-
ia, jotka sailytetaan Immanuelin
kaskyn haltiiain tyk0na. Ostaiat,
jotka tahtovat yl6n antaa kaiken
Than himon, silmain pyynnon ia
elaman korkeuden, saavat maan
ilman hinnatta ia maksutta, viivy-
tvs on kaiken ijankaikkisuuden,
ijankaikkisuus sinetilla lukittu.
Kun omaisuus on vastaan otettu
Immanuelin omalla kadella kehoit-
taa Herra, eta nyt 10 kaikki k0y.
hat ia orvot taman kuuluutuksen
kuultuaan tulisivat rohkiammaksi
vastaanottamaan taman kalliin Pc
rint0maan kaikkine omaisuuksi-
neen. Mita ylla mainittu on, on Ii
saksi talon ruasta my0s ilmoitetta-
va nalkaa karsiville sieluille, joilla
on nalka, eta parhaana ruokana
tassa talossa on pito, valmis-
tettu ytimesta, rasvasta ia sell
kiasta viinasta, iossa saadaan istua
Abrahamin, Isakin ia Jakobin
kanssa ia tull aan ravituiksi ia vir-
voitetuksi iiankaikkisesti. Amen.
Hallelujal Amen!
Malta piirsi heikko kaidan tien
matkailija.
Henry Hatula.