davidaulloa/AmericanStories huggingface dataset:
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1914-05-20
Sailors Held as Witnesses.

Nineteen Canadian sailors are be-
ing detained at the Erie county, y.
Y, county all to be used as witnesses
against vessels owners who are alleg-
ed to have violated immigration laws
covering the shipping OF men from
foreign nations on American ships.
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1914-05-20
Timing Prohibited by Law.

An anti-tipping measure has pass
ed the senate OF the Canadian prov
ince Of Ontario. The bill would i'm
pose q fine of 500 on either the Civ
ing or the acceptance of tips.
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1914-05-20
Schooner Blown Ashore.

An unidentified schooner was
blown ashore Tuesday near Lswes,
Del. Liseboats and tugs have has
tened te the rescEe.
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1914-05-20
Train Kills Negro.

Jake CAN'T, young negro OF
Aiken, was killed by train SATURDAY.
when he fell asleep on the track as a
result Of whiskey drinking.
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1914-05-20
Shriners' Special Hits Auto.

A seaboard Air Line special,
bound for Atlanta. loaded with Shr!n-
ers, hit an auto at Clinton Monday.
The occupants craWle6 out in time
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1914-05-20
LESS WHISkEY SALES.
Counties in the State Spent Less in
April Than February.

The report Of the State Dispensary
auditor for the month of April shows
that there has been a decrease in the
sale of liquor during the month of
April all over the State, that is, in
the counties that have the dispen-
sary. The total sales all over the
wet territory has been steadily drop
ping since January. and is probably
due to less money being handy, Tath-
er than to aversion to the liquor.
Following shows the sales BY the
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1914-05-20
Storm Causes Death.

George johnson was killed and Eve
other tenants seriously injured when
g Pittsbu-g tenement building col
!apssd Tuesday.
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1914-05-20

Newspapers fight each other too
much. They should work together
for the advancement nf .hA!r coMmos
interests.
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1914-05-20

Following shows the sales by coun-
ties for April:
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1914-05-20

Following shows the sales by
months since January !:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-09
MORGAN PROFITS ON NEW
HAVEN ONLY $4,000


Morgan & Co. in its letter TO Mr..
Elliott. point out that from 19Ol TO
1910 the New Haven generally dis
posed OF its securities by selling them
outright. sometimes to the Morgan firm
and sometimes 10 others, the pur-
chasers taking the risk of loss or proht
thereon. In one loan OF SIS i6'
Morgan & Co., according TO the letter
sustained a loss Of $3.50, $50 IA.
THE letters adequately explain
themselves" said a representative or
j. z. Morgan & Co. last night, land for
that reason we have prepared no ex-
planatory or other formal statement to
accompany them.
"Our letter TO Howard Elliott shows
that in twenty years J. p Morgan d
Co. took part in the sale Of S333 OOO,OW
Of securities OF the New Haven COM
panies and made net profit Of S3oo'-
900 on the transactions. IT shows, also,
that neither the firm nor it's partners
were interested in the properties &C
ouired by the New Haven"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-09
"STORMY PETREL OF "STREET"
PLOTTED BANK IN PANIC

For a young and practically self-made
man, Oakleigh Thone has ploughed
considerable furrow I'm the financial his
tory OF New York City. His record is one
any man could be proud Of
Oakleieh Thorne has been called the
stormy Petrol Of Wall Street. Far from
being a harbnger OF storms, he has been
the very heart OF them. He was the
storm centre OF the panic of 1907, and ne
carried his Trust Company of America
through safely after one OF the Quickest
fights on record.
His motto is. Don't worry; just SMILE.
He pinned a card with those words on II
TO his desk in the panic, and he lived up
TO his advice. He believes it was that
which enabled him 10 weather the fierce
attack made upon his institution.
When he knew that he would be forced
out OF the banking business. after MS
testimony before the Stanley committee
at Washington. when he blamed George
w. Perkins, at the time member OF
j. r. Morgan & Co, for causing a run
on his trust company by giving out
statement that cast doubt on us SOL
vency. he did not 90 until he had obtained
the best possible terms, or s515 for 500
share.
Mr.. Thorne inherited only small
fortune from his father. Edwin T. Thorhe'
OF New Hamburg, n. Y, who was In the
leather business here. He was porn IN
New Hamburg in 1866, and was educated
in Poughkeepsie and this city. His an
cestors were among the pioneer settlers
i'm the state. The founders name hgures
at Flushing, Grayesend and Jamaica as
land owner as far back as 1915.
One of Mr.. Thorne's earliest ventures
was to consolidate number OF DITCH
making concerns along the Hudson River
and his success attracted both the IN
dustrial and financial world. lie became
president of the National Switch ana ois
nal Company, of Easton, Penn ana was
made vice-president of the Union switch
and Signal Company when 1t ABSORBED
the National. -,
Mr.. Thorne was thrty-three years oiu
when he came to this city to be wee
president of the International BanHins
and Trust Company, which had just oeeh
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-09
HOW BOGUS PRINCE
FOOLED SOCIETY
Discovery Came Owing to Too
Great InSistence In Asking
for Invitations.
rsy Csbl. to The Tribune

London. March e.-The chronicle or
the doings Of the Grown Prince OF
Wurtemberg" and Lord Stanton Hope,
who succeeded in hoaXing Claude Ora
ham White and number of prominent
society people at Hendon and elsewhere.
is IL appears. far from complete. IRE
mendous interest has been aroused in
the adventures of the Grown Prince
and his private secretary Lord stanton
HOPE" and further details are now
available of their extraordinary impost-
ure. Letters of thanks have reached
The Standard" from number OF titled
reoplc hulXed congratulatng that jour
nal on being able TO expose the preten-
.ious pair and so save their friends from
further ridicule. and il is understood
that as a result OF the exposure the
weekend plans of the Adventures have
been utterly upset and a distinguished
general and his family saved from de-
ceotion.
After appearing at the Sunday flying
meeting at Hendon and being announced
i'm last Mondays newspapers as the
Crown Prince of WurtemberS and Lord
stanton Hope. il appears that numerous
Invitations to luncheons. receptions, din
ners and dances were showered upon
them from all sides during the week
The best invitations were unerrinsly Sc
Iected. Lord Stanton" choosing for his
royal master" where to go and what
10 do
Their circle OF acquaintance extended
rapidly day after day. but the suspicious
Of some titled women we're aroused by
the persistence with which Lord Stanton
Hope" rang them UP on the telephone
asking for appointments and invitations
10 call, aid subsequent inquiries revealed
that there was no such person as the
Crown Prince Wuertemberg mentioned in
the "Almanach de Gotha' and nobody In
"Debretts Peerage" OF the name Of Lord
Stanton Hope.
The news spread rapidly and frantic
kilograms were sent cancelling engage
ments made with the imposters. One or
two OF the husbands and brothers Of the
women who were hoaXed expressed the
intention of getting even with the impost-
ers by administering a sound thrashing
10 both, this partly because they have no
ground for any legal action and partly
because IL they had they would not care
TO expose their relatives TO publicity.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-09
BOND SALE BY KUHN, LOEB
& co. DETAILED BY ELLIOTT

make the investigation and report its
findings the better it will be for ALL
In reply TO questions about the obtain
ing of funds from other than J. p. Nor
gan & Co. Mr.. Elliott said:
Inquiry was made OF Kuhn, Loeb &
Co. about the placing by that house for
the New Haven company OF the so-called
French loan in 1907. Kuhn. Loeb G. Co.
make the following statement:
In February, 1907, the company
entered into negotiation with Kuhn. Loeb
& Co. 10 place s2S,0O0,0oO per cent
bonds in France at about 81 per cent, less
rs per cent commission. Kuhn. Loeb &
Co. contracted for the FIRMS purchase of
these SOS, O0ooO0 bonds, and the commits
sion paid to them was really part of the
purchase price. This was not simple
commission transaction with the bankers
simply acting as Intermediates, but
Kuhn Loeb & Co. had to undertake a
very heavy obligation; as matter of
fact, they had TO carry large part of
these bonds during the critical periods OF
the panic. II took more than a year and
half to bring the transaction TO a sue
cessful end and part of the commission
had to be reallowed by Kuhn, Loeb g. CO.
to their associates in Europe in perfect
Ing the negotiation
I'm addition to the negotiations with
Morgan d Co. and Kuhn, Loeb & Co. -"
Mr. Elliott continued. there appear TO
have been occasional and temporary Dor
rowing from deposit banks and others
along the line OF the road, and long term
securities issued by the company or held
I'm its treasury were sold TO various bank
ing houses and banks. principally In Eng
land. from 1898 to date. aggregating about
tt. 10000 The total commissions paid on
securities of this class were $500.
you will understand that these trans
actions took place prior TO my becoming
associated with the management OF the
New Haven road. except the short time
loans of December |. 1913. and since and
that my information In regard 10 the
earlier transactions is derived from the
company's books and from the bankers
named"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-09

any interest paid by Mr.. Thorne was
credited TO the New Haven Company 5
Account No. q and that we received no
interest upon advances made
20 Tho securities thus purchased
by the Mllbrook Company represented
the ownership OF those enterprises when
af;erward became what Is known as the
New York, Westminster 81 Boston RAN
road Company. None or our hrms, nor
any member OF them. had any interest IN
the Millbrook Company, or in any or the
securities or property purchased by the
NHIbrook Company, or received any ad-
vantage from such purchases. Nor had
We any interest Of any kind in any Of
the enterprises or properties which in
any way became part of the New York,
Westminster & Boston.
Deposits. From the year 1908. when
tho first deposit account was opened
with US. the companies have had with
US total balances averaging for the
eleven years about sl.4l5,oo0 Subject
TO draft on which We have paid interest
at per cent.
I'VE believe the foregoing covers all
the points as TO which YOU ask US.
Should any point not be clear 10 you, or
should you desire more detailed infor-
nation on any point. we shall be very
glad TO give you explanation or further
information YOU desire. Yours very
truly.
(Signed1. -. j. MORGAN & CO.
Accompanying the letters is the follow
ing from Charles 5. Mellen, approving as
president Of the New Haven the under
standing that the Milbrook transactions
were for the account and benefit of the
New Haven and that that road was re-
sponsble therefor:
"Messrs. J. p. Morgan & CO., No. % Wall
street, New York City.
Dear Sirs: Referring to our previous
and to our agreement dated
December T. 1906, with the Millbrook Com
pany. and your advances on account of
such contract to the Millbrook Company
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-09

used 10 reimburse Morgan & co. Tor
advances il had made 10 the Mlllbrook
company.
No member OF the Morgan firm. the
letter states, had any interest In the
Millbrook company or in any II me
securities or property purchased by the
concern nor in any of the enterprises or
properties which in any way became
part Of the New York, Westchester ~
Boston line.
This is the road which the interstate
Commerce Commission said had been
bought by the New Haven for about
S34 100000 which was, the commission
said, $12,OOO,OOO in excess Of its value.
The letter TO Mr.. Elliott was sent in
response TO his communication asking
for detailed statement OF the finan-
oial transactions between the New
Haven and Morgan & Co. for the last
twenty years, and for information rela
tive to the loans Of ST., loo, 900 to Oak
leigh Thorne and the Mllbrook Com
pany.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-09

the commission would be all right II lr
vers-aIways subjects OF suspicion-coN
be dispensed with.
III the Progressives win and get u
recall adopted as law, wouldn't :" =
able to get rid of bad police commlss"
ors?" demanded somebody.
Il guess we could replied eX-AsssH
blyman q. \. Green, who presided
Charles s. Aronstam closed the meeua
with an impassioned address, IN which
pointed with scorn to the attitude Of +"
Republican Assemblymen Of this CIV
who met Saturday and adjourned vitae
determining on stand toward the OH
They are actuated by policy, ne "
clared. while We are moved ohH .
principle
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-09

Boston. March s.-A statement supple
menting that OF j. J.. Morgan & Co. on
New York. New Haven & Hartford
financing was issued here tonight by
Howard Elliott. chairman OF that road.
The statement was as follows:
Some time ago | began Investigations
Of one kind and another into various
phases OF the New Haven situation, so
that ! could he in a position to answer
questions that were asked me and SO as
TO introduce as rapidly as practicable any
improved methods Of management. &C
counting and operation that seemed nee
essary and desirable as n result OF such
investigation.
For example. an expert independent
accountant has been at work on the books
OF the company for several months. An
expert investigator has been checking up
all mechanical methods and standards.
An expert in the purchase and handling
of supplies has made thorough cxami-
nation and report on that part OF the
companys operation.
"a very careful examination by techni-
cal experts was made OF the important
electric trolley companies. not only of the
properties themselves but of the organi-
zation and details OF management and
operation. In the course of these investi-
cations the question OF the financing of
the New Haven road in the past came up
and | asked the firm OF j. T.. Morgan a
Co. IL II would be willing to help me in
obtaining certain facts. II asked mo TO
put my request in writing. which resulted
In my letter 10 II and rs reply.
The New Haven company has said TO
Interstate Commerce Commissioner Nc
Chord, in charge OF the investigation or
derod by the Senate resolution. that II is
glad TO have him investigate the financial
and other conditions and that II will help
10 expedite the work in every reasonable
manner. Already n has accumulated on
its own account large quantity Of de-
tailed information about various transac-
tons. which 1t Is placing In the hands OF
the cstigators. so a. TO hurry the
work Tho sooner the commission can
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-09
MOOSE DIVIDED ON
COCKTAILS BILLS
Three Kings County Assemblymen
Fail to Appear at the Logan
Club Forum.

Three OF the four Progressive Assem-
blymen of Kings County failed TO appear
at the Logan Club, Sixth avenue and Gar
field Place. Brooklyn, yesterday, when the
Sunday afternoon forum" met to learn
their attitude on the police bills. Inc
one who did appear vas RI. ScheIder-
mann. of the 18th Assembly District but
he failed to tell his views on the meas
ures 1t was said at the meeting that
neither the Brooklyn men nor many or
the other nineteen Progressive Assembly
men would favor the bills. The sixty or
seventy guests Of the club seemed divided
as TO the utility of the bills. The meeting
adjourned without indorsing the bills.
boom for Theodore Roosevelt FOR
Governor was started by c. j. Hamlin
chairman of the Erie County organiza-
ton. who announced that his followers IA
vored the colonels nomination.
Complete Progressive tickets will be
nominated in all the states this fall, he
said, land New York, as the pivotal
state, will be in position TO exercise
nationwide influence. In view Of the i'm
portance of the gubernatorial nomination
in this state. We believe that Mr. Roose-
welt could be persuaded to accept it.
This announcement received much more
applause than did his declaration that
Erie County favored the police bills.
After Mayor Louis W. Will, Of SYRIA
cuse, and Robert Binkerd, secretary Of
the City Club of Manhattan. had ex
planned the bills in detail, H. w. Squres,
treasurer of the Logan Club, said he
thought they were un-Amercan, as they
would not permit policemen to appeal TO
the courts from the decisions of the re-
viewing commission. \ Mr.. Mcneil said
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-09

organized, with Stewart Browne a r,x
, dent. In a few months he became pr,s.
dent, and when IT merged with the N..
American Trust Company he became VIZ.
president OF that. In 1908 he conscl,d,.
ed that company with the Trust Comma,
of America and became president n,
next year he organized the Night M
Day Bank and became It's preslden.
He has actively participated In the A.
fairs Of many large corporations, such q
the Battery Place Realty COMPANY n.
Broadway Securities Company. the q.
tury Realty Company, the Colonial 81.
Deposit Company. the Empire Investnx
Company, the Forty-fourth Street az
Fifth Avenue Building Corporation. d.
Lands Purchase Company. the New Yon
Westchester & Boston Railroad. the M,
folk & Southern Railway Company, d.
United Gas and Electric Company, N
United States Land Company, the unlw
States Realty and improvement Compr
the United Zinc and Chemical Comprr
and the Tennessee Coal. Iron and Railru
Company.
II was in association with the Tennsw
company that the terrific assault W
made on the Trust Company Of Amsn1
in the early hours Of the panic OF lw
After withstanding the run. which he u
serts was deliberately precipitated up,
him. he built up his institution again, pa
dividends OF 10 per cent and had b
shares frequently quoted at $50
A few days after the fire which ..
stroyed its building the Equitable Trv
Company, in search OF a new home, To-
over the Trust Company Of America
1915 a share, and Mr.. Thorne retirI
Two other purchasers were in the field q
the trust company at the same tine
In 1889 Mr.. Thorne married Miss Her
s. stafford, OF St. Louis, and their N'
York home is at No 299 Madison ayens
They have two daughters, Charlotte fiays
and Margaret Helen. Mr. Thorne
member of many clubs, among them u
Union, Metropolitan, Brook. Racl.s
Ardsley. Jekyl Island Westminster kss
mel. Riding, South Side and Turf ar
Field. His country place is at Millbct
y. Y.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-09
THORNE GOT MONEY, SAYS
|. P. MORGAN FIRMS LET lER

, by US either alone or in participation
with others.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-09

against securities by ii pledged with anu
ASSIGNED TO YOU under its obligations IN
Guiding that dated March 10. 1907, We nave
N confirm your understanding that al
such transactions have been and are TOT
our account and benefit ana that we a'o
and will be responsible therefor iouis
truly, {. ). MEbIbN'
yoIuminous tables showing every trans
action between Morgan co. ana the
va,v Haven in detail also accompany tho
,o,,ors IN addition 10 the following memo-
randum:
THE MILLBRoOK COMPANY.
The Millbrook Company deposited the
following securities as collateral TO us
notes:
On 600 shares centre outstanding CAPITA
,tocb) Of the New York Railroad ana De'eiop-
mem nei Ioi shares entire outstanding capital
stoclO OF the New York & Portches'er NAL
road Company. ..st. ..n,,al
stock OF the city and County contract 'o'n
s.. q. 500 underwriting OF tbs New YORK.
v,-or,cbsster q Boston Railway Company.
ok 03ais shares OF the New York, Westches-
ter A Boston Railway Company.
Receint from the Controller, City OF New
York, for 49, c,,r =, N.v
500. 600 corporate stock OF the CITY Oh We"
York. o L.,.- -
OF shares Of the Melrose Company oeins en-
tIr, outstanding capital stock -
Demand notes Of the City and County con-
tract COMPANY. - .oc
500 600 dated December 81, 1906.
on September 70, 1907, the Millprooh
Company withdrew:
10000 shares New York Railroad beVeiop-
ment Company stock o.. c,u
6 900 shares City and County Contract COM
pany stock. -, 49,. val.
s7127 500 underwriting OF the New YORK;
Nestchester & Boston Railway Company, ana
% $685. shares New York, westminster
Boston common stock.
Substituting therefor:
10000 shares New York & Portch.ster Rail-
road Company stock.
on October go, 1907, when the notes were
paid, the remaining collateral was re-
leased and by order Of the New Haven
road handed 10 the Millbrook Company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-09
TELLS THE TRIBUNE
HOW HE PUT DEAL THROUGH

How the New Haven Railroad bought
the Westchestcr and Port Chester lines
and their holdings was told last night for
the first time in an exclusive interview TO
The Tribune by oakleigh Thorne, the
hnancior who put the deal through
Mr.. Thorne, In telling the details Of the
transactions. which were put under fire
by the Interstate Commerce Commission,
backed up the statement issued yester-
dav by the firm OF j. p. Morgan & Co.
that the bankers were used simply as
convenience I'm handling the deal and
made no profit from the sale OF the roads
to the New Haven.
The assertion that 100000 vanished
into thin air" when the deal went throu54
was characterized by the financler as ao-
surd lie said that I'm his belief the New
Haven Railroad obtained on the invest
ment a return that justified the deal.
The question is. simply this said Mr..
Thorne: What is a four-track right OF
WAY i'm New York City from nth street
10 Mount Vernon worth TO a great rail
road that has no right of way into the
city and is forced TO pay heavily to an
other railroad for a terminal and ap-
proaches 10 the main source OF business
New Haven Needed Road.
At the time OF the purchase. in 1906. &C
cording 20 Mr. Thorne, the New Haven
Railroad was considering building a SUD-
vav from the nth street terminal tha'
would tap the Pennsylvania iiodu
terminal He continued
Both the Westchester and Port Chester
lines were then in the course OF construc-
ton and getting nowhere.
at was a question OF whether it was
better for the Kew Haven to buy the
lines after they had been completed and
proved failures because Of insuficlent
business in the same territory or 10 buy
them when there was time TO develop the
one that was best suited for the road.
Under a franchise from the city re-
curing the expenditure OF million for
development the New York, Westchester
& Boston Company was making the better
Roadway. The money lad been expended
and the work approved by the city and
the deposit of 10000. made when the
franchise was granted, returned on COM
pletion OF the obligations.
I'm 1906 1 went into the Westminster
company believing that 1t was good
proposition. ] found the Port Chester com |
pany seeking the right TO construct vha. !
was practically parallel road. The ter |
ritory was not great enough to operate !
two roads successfully, but there was
business enough for one.
II then undertook TO combine the com
panies and build one road, but found that /
owing 10 the feeling existing between the |
two. neither would give way. The only |
thing remaining was TO acquire them by |
purchase and complete one.