davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28
WEEKLY REVIEW OF TRADE.

Business continues to be below
the normal at this time OF the year,
but there are signs OF quickening activity
due to confidence inspired by recent
financial developments Colder weather
is helping the distribution OF goods and
war orders are pouring in, according to
the weekly trade reviews. Collections
are improving and holiday buying Is be-
coming noticeable.
Duns says Domestic business con-
tlnues sub-normal In volurme, but there
are many signs OF quckening activity
due TO the confidence inspired by the re-
cent important financial developments.
Colder weather Ia helping retail distri-
button and there IL some improvement In
the wholesale jobbng trade, while col G
tons are reported as easier Advices
from most OF the important commercial
centres Indicate a trend toward better
conditions Bank clearings and railroad
gross earnings, however. still show heavy
decreases as compared with last year,
tho reduction in the latter in the first
two weeks OF November amounting to
l2i per cent Railroad buying OF sup
plies is at a very low point. and appar-
entity will remain ~ until decision Is
reached In regard to rates which II Is
hoped will be forthcoming before the first
of the year. In the iron and steel trade,
while the output >femiins much below
capacity, there is nevertheless evidence
/ OF an improving domestic demand IN adj
dltlon to larger foreign orders. The or
! ders FOR army and other war supplies
! continue the most striking feature OF the
/ leading Industries. and while some are
no. very profitable they largely redeem
the general trade situation. Rapd prog
J ress Is being made In the restoration oi
export trade Since the he ginning OF No
vennber trade balance in favor OF tn
United states OF over 6,ooo.000 has
been achieved and during the latcs;
week the exports from New York
amounted TO sl9,es5.93s, against si3.2le.-
04a last year.
Brddsfreet's SAYS: Trade trends manl
fest more or less Improvement. though
the movement has a long way 10 60 TO nj
M the Caps caused by the depression
.,w apparently on the wan". Evidences
X bottcrment are more pronounced II
which fact performance seems 70 he fol
lowing promise in a relatively fair way
Money In easier: commercial paper meets
with an improved, IN fact eager recep'
ton: trading In securities Is expanding
emergency curren v Is being retired col
lectlons tend to improve. although Their
are number OF lines that stu repor
slow payments industrial operations nave
hroad.ned 70 some extent. thus decreasing
, the number OF idle workmen winter
wheat II In good condition = buying o
mig iron has Increased export order'
for host Of lines continue good, man,
| plants eng cd In such work being com
pelled to work 30 capacity and. In soin'
J Instances overtime In orier TO fu.nl re
. qulrem-nts as TO deliveries the colo
snap OF last week brought out some re
. orders from retailers and more interes
is being displayed in holiday goods
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28
FORECLOSURE sAiYs.


SUPREME COURT couNTY or .NEw
B3NK. pidiniln. against HENRY cokN ana
In pursuance Of a judgment OF ,or.elosurs
and sale duly made and entered In ths
sih day OF November 1914, l. the und.tt
signed. the referee In said judgment named.
siiesroom. ' fl'is v YES stree. in *
Borough Of Manhattan, CITY Of New YORK,
KENSELLY. Auctioneer, the premises al.
therein described as 70, 'ows
ALL that certain lot. piece or parcel o.
The borough OF Manhattan Of the civ Of
YORK bounded and Described az follows;
bEGiNNlNG at a point on the South.ty
sected by the Westerly line OF strip OF band
twelve feet sN inches vide .ately, conveyed
William R.msen, ard distant slxty-t~o fee,
nine and one-half Inches more or less West
section OF the southeriy side Of Ne 's'"
Place with the Westerly side OF Gt~rue
parallel with Greene street AND part OF tn ~
way through a party wall eighty feet nine
Place thirty seven feet ten Inches more o.
University Of the city Of New Yotk thence
Northerly along the said last mentioned
waveriy place ana thence EssterIy along
the Southeriy side q Wdyerh Place thirty
point or place OF beginning Heirr ths same
premises designated b, the street Number
Thirty t3Ol WNerly Place. together With
much OF Number TWENTY eight t2S'
Waveriy Place as remains after taking OIL
strip twelve feet six inches Wide conveyed
by Alfred j ". l.. Iuoksr and wife t.
william Remsen above named b. deed dated
February 49, 1899 and recorded IN the Once
Of the Register OF the County Of New Yorl
In Riock Series Of Conveyance Iiber ~
section ., page 81 subject to and win the
leunnt OF party vail tgrtem .ut recorded
I'm said Registers Once IN section 3 LIber
II ~ CouNcyances page 2sA
Dated New York NuNeuhrr L. i2li
GEORGE GARDINER FRY. Regrree
H. AYMAU SANDS. Attorney fpr Pls'utiN
g. Cedar street Manhattan, Sew Nolk
CITY.
The following = d diagram ~ the property
20 Doe sold; - street Numbers are % ana
80 Wavery Place
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28

DAIRY PRODUCTS MARKET.


BUTTER There was an easier feeling
yesterday and decline Of NC on extras and
was also trine easier because OF the free
offerings The medium grades Of butter
emhneg ,tgsdy on De'sTs Sho
lar. Prices: Creamery, extras, % score
34s a3ihc.; higher scoring. s5c; nTsts IS
S2c. nrs,-. 2sHSlisc. state dairy. tubs.
hncst, 81 S3c good to prime, asa ale;
2jig u2Gtac.: rrsts. 2iH25c: lower grades, %
n 2Sc. Imitation creamery. Hrsts g3ih "a 24L C.
ladies' current make nrsts ~ n 42'fe.i sec
Packing stock. held. hne. ala U gee; No q
2ois a &c; lower grades, 1870 zoe.
CHEEsE.-Trade DID not open brisk after
the holiday and few lots changed hands yes
terday. There was not trading enough to
cause any change in quotation aud the mar
ket closed barely steady Prices follow;
state, whole milk, fresh, coored. specials
u l. q 10 &c white average, fancy. iiib =
daisies, l4s. q iOi. G.; twins, l5mi5Nc state
skims, held specials. l3F13tac.; fresh. 1915
gi2ac.. poor to fair. sgli'9c.
EGGs--As Is usually the case after a
no lday, trading Yesterday was extremely
light with little Inquiry from any source
Exporters report more inquiries from Eng
day for some time As Archangel. the only
port through which Russian eggs could
must come to America Tor It's eggs a eooi
export trade l. expected next week About
10000 cases have sone abroad from mis- port
i rrSs' s FrS.n g,aiScr S s G,
seconds, % 4 s5c,; dlrtiss, 30 I. "a .5c.;
40. :. 2oU2 3c.i checks, - % 23c. Reiriger-
seconds. % s3e. PeunsJ lydnia and nearby
hennety whites fancy, large, 5sfl soc. hen
merry browns. 40 Ijc., mixed colors. rs a 43c
LIVE POULTRY After the holiday tn,
market went to pieces and chickens Ner,
down TO lLct lie being the extreme
Fows werc also on over lc, as we're o.t
BOOSTERS Turkeys dropped from &c. &,
! uut4. sprinE ducks remained steady
while Western amt Southern geese were IN
lc. There were IS cars uH.Odi,d yesterday
and ~ ltit un rack % was tint
and excessive supplies WhI.h made IN.
lie, fowls, i2al4i7c.. old BOOSTERS, Iic
| turkcys. mixed hens and toms. I'M .c
Western and southern. Old. isnl4c@
guineas. soc; pigeons. 25u30c.
| DRESSED POULTRY Turkeys droppe,
| 3H 5c and all lines were much easier FuN.
! amt dickens were otf about &C. O.d ROSTERS
/ ,gc. The entire market was without 10
| al day and closed Irregular. Turkeys LET
! over VIII 10 Co the freeGers. Prices follow
! Turkey Delaware. Maryland. rtuusylNl u!a
/ state, - u -fc Western dry picked. l. n lsc.
! ICED l'U l>,. poor to fair, l2ui5c
{ 90 box. 20 q -ag., corn fed. 20 g3c., chicken.
/ western. milk fed lbs ana over l5c.
mixed weights iSisqlic.. Philadelphia
/ fancy lbs each, 3 "a Zoe broi ers 20 n
! 2-c Michigan sCalded, lbs. lbc. Fpwls
! l. TO box Western, 90 lbs. ana over {
d if5 i,c; iTy picked : lbs and over H..
/ lbs 70 dozen. 81; lbs sS5OuS376. lbs
s.; . 70 50. darn. 1l.2j $50. suiUess. . 10,
AND over. IS % soc.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28
EXCHANGE READY FOR
BOND TRADING TO-DAY
Floor Facilities Enlarged and
ROstrum Put Up for Super
vising Committee.
PRICES TO GO ON TICKER

Open trading in bonds on the floor
OF the New York Stock Exchange will
start at 10 O'Clock this morning, ending
a closed period OF four months. A list
OF minimum prices will be posted short
time before the trading begins. The
exchanges subcommittee OF three kept
in session until late hour last night
working on the schedule of minimum
prices.
II was decided yesterday that prices
will be put on the ticker. A reason for
not publishing the list of minimum prices
in the newspapers this morning is the
desire Of the committee to test out the
market gradually tomorrow.
Ii is felt that II may become appare mt
early In the trading that the minimum,
prices established are in need of change.
either up or down. The committee.
therefore, does not wish TO 20 on record
with the first set OF prices made.
The committee OF Ave ruled yesterday
that trades for foreign account must be
reported To that body This foreshadowed
the intention OF those In control to keen
a strict watch on the possibility of for
eign sales overlooking the market and
"A determination to keep the brakes wei
in order to stop any such tendency.
Carpenters were busy on the floor
OF the exchange yesterday putting vi
tables before "A temporary rostrum or
the Broad street side The governlnl
committee OF three will sit on this ros
trum and preside over the trading. The
physical facilities for bond trading have
been greatly enlarged.
/ News that the Philadelphia and Wash
| ington exchanges would reopen on Mon
day on a restricted basis was REGARDED
with satisfaction as evidence Of th'
growing disposition throughout the coun
I try to renew financial operations with =
greater spirit OF confidence
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28


The approximate amount Of Ga, ..N 3D..
charge, to satisfy wh.,h the above ic.y.g'.
l,lest thereon from the 2,tn -ly OF go.
lyli together IS IN me -ft,- AtI a.. oN au.'
November y. 1914 together Win tho -.
penses OF ;he sale The approx .m1'. tl'y-
uf Other liens. which are 10 ha - .u.I %
he purchastr out Of me pl,rha.e money o.
paid b. the Referee. ls tlyi2 90 and interest
GEoRGE 'GtRpiNEE FRY, Referee.
svrREME .CuuHr COUNTY OF SEW
PANY Fiunin. against TnlODOUa
lAcOBus and other. pefentan's
Ia par'aan,e OF iadsme"i 81 'ore1 ;5.
tboye entitled action ami bearing cate tn.
10th day Of October, lslt l. me under
~. .Sa al SaslJ a9s''2a az sme t.',n'o,s-
Borough Of Manhattan. cry OF Sew York.
on the an DAY of December- 1914 "a. 20
Aurti"aeer. the premises 4i,eataa ~ ..it
I Judgment to be so'd ana therein described -
ARR 'hss certain e, Of ar4 VIZ r.
/ Borough o M,rhaytan ''i,y Of New YotS'
bounded ana described as follows:
BEGIEN>iEG T., a point "a The soa. heriiy
.ong the same t~o hUndrci ant eighty.
ave feet from the corner formed los no. In
ninth sjfeet' nith IT, eas,eriy ,i' Of TFisd
Avenue. running thence sputhe-I parallel
d parry wall, one HUNDRED feet tIo.eu frrhr-
u the centre line Of the block. t1tu.e
tasterly along the centre line OF Fua uIo, ir
. twenty i've feet, thence uorth'r'y para e.
with Third Avenue and par 81 he distance
; through a party wall one hunlr.4 feet
eleven luches. to the southeris -ius ~
I Ninety-nirth Street, 'le'r, Westerly t.uag
the snuther'y side 0f NIrA'r-rlr'h -.f-af
VENT -nye feet TO tho point .r rs.. ~
uc..rullg
Dated. Sew Ygrk. .No,emt.- q i,.4
JAMES I.YN.U r.,.,.a
BOWERS 4 SANDS A'tvr.,,- Tor ..f.,lr
- CeuH street Manhattan. Nrsy .o.k
Tte - lowing Is a diagram OF the 1ro.,-.r
90 be SOD. IT. street uuut"- is -.s Gt-. och
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28
MUST FILE CLAFLIN CLAIMS.
December IS IL Last nay Allowed 10
Creditors,

December % is the last day FOR cred
itors or claimants Of the n Y Clafin
Company 10 file their claims with the re-
ceivers at 22i Church street. according
to an order made by Judge Mayer In In,
United States District Court Those credi-
tors or claimants who do not file proots
OF their claims will not share in the dis
tributlon.
copy OF the order will he mailed u
every person appearing on the books OF
the company.
II was reported that the difficulties In
the way OF Claim re- rganization caused
by the opposition OF certain creditors %.
the Lou sNiil' retail store 20 the com.
promise ARRANGEMENT are being cleared up
Frank. l.equin ARM Id have been re.
taIn.d 20 secure the aCceptsnces of tn,
compromise suggested.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28
EXTRA LACKAWANNA DIVIDEND
Director. Declare Regular Bonus Of
10 Per Cent.

The directors OF the Delaware. Lacka-
wanna and Western Railroad Company de-
clared yesterday an extra dividend OF 1
per cent, payable December 81 to stock
Of record December l. IL has been the
custom OF the Lackawanna since 1909 10
declare this extra dividend Just before
Christmas.
In 1909 besides the extra dividend 60
per cent. cash dividend and Is per cent
stock dividend were declared From 1905
TO 1908. inclusive. 20 per cent extra div
idends were declared Since the organi.
cation OF the company IN lS49 the com.
pany has paid 500 per cent. 10 Its share.
holders
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28

The Southern California Eiison company
reports Tor October gross earnings OF s4n2'-
O6o compared with yill0s2 for october,
isl3 There was a good reduction In oper-
ating expenses so thht net income i9r tne
ygO9 a3a . wear ago Tn surplus Aticr N
terest charges and an allowance OF $4,000
for depreciation was 372,lO6, a. against a
surplus 81 tI.,lts lot october. 1913. tor the
ten months ended october 81. 1874. gpt.
earnings aggregated $500 23l. compared
win ~ s3gll2 in 1919, while operating eN-
pens,s we're sis3O,SSg ana 81 1893 va for tho
respective periods Net income for the ten
months was s. oS2 600. as against N,9so2Oo
in the prr.TfiIE year. and iut unA. sup uf
after interest charges ana d"prec!atloh
SSS Tor the f!rst ten months OF 1913.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28
ylCKERY soUBRETE GETS CUP.
Nir"dHic Judged Rest In BoEtOn
Hcnch show.

Fs-9H, Nov. 27.---With the awarding
ny i." rr.'dent's cup, given by President
'.o.re s. West Of the Western Dog Club
i0I Inc best dog or bitch In the exhibit,
y" ~" aredale Vickery Soubrette, owned
10y the NiCkery Kennels OF Evanston, Ill,
Inc bench show was brought to a close
% gut
'"mlot!tion for this trophy was keen.
WOW animals being Judged. Examinations
tfour,t them down TO three. Snuhrette.
,ns rrucn bulldog Or. De Luxe, owned
'' 'r Ilaworth Kennels Of iiaworth, \ j.,
.'' iYn fox terrier Greenbank Selection
.F.,i los Eiuhrry kennels Souprette
bcI under the handling OF profess
H' and Mrs. August Crawford, one OF
Oh" owners OF the kennels, entered the
ts. Then the airedals behaved beauti-
I4ly and a decision was soon reached
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28

Conso' dated ne: earnings " the uti4itv
properties managed by II. NJ. Ryllesby
than for the sam" month Of the preceding
year For the ten months ended October
Al the gain lu not MA per cent. ile
D,,nt.r showing th,rsfort. Wa consider r
ably better than the average for the year
thus far and bears out the contention that
the net earnings of electric and gas com
NAMES although the gain in gross IL not 30
s.tisflctory Tho group Of properties Is
fstrIr ri, pr, sentative AS 10 Includes the sun
sidi,rias % standard Gts ana Electric Com,
pauy Northern states Power company ana
Western states ,ias ana Electric company
oporatinF in sixteen states Of the midde
Mr-t, West anu south.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28
SUB.TREASURY STATEMENT


WEDNESDAY.
Paid hv Sub Treasury 10 banks me ono
Paid hy banks 20 Suu-Trctsury . 7lOs. 600
Los - banks on days transac-
tons ......... ........ ....... I,SG3. 900
SINCE FRIDAY LAST
,Tli Nv Suh-Tr'1surN 70 banks o.. 1870. OOo
ltn hF hthn7 TO Sub-TTclsury ... ~. @ J., 600
Loss 20 banks ............. $500 90
lS"ss 60 b,res same period pre-
v'ous w"'h ........ ...... S1Ts 600
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28
NAV Trade Lesry for Gninor.

ST. LOUIS. Nov e7.--Manager Branch
Hickey of the Browns announces that
deal is in prospect whereby Del Galhor
OF the Boston Red Sox will come to St
Louis next year for Jack i.eary. carrl-
gan Ia after Leary and Hickey wants an
experienced first basernan to help his In
field, ...----.-----.-------
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28
THE CHICAGO MARKET.

CHICAGO. Nov. 27.-Prices he'd frm on
the exchange here. the feature being
strength In Booth Fisheries common.
which sold l2L points above the estab-
lished minimum price The summary:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28
COMPREHENSIVE NOTICE.

BIUMENTHAL MEYER-Sotics 10
hereby given that the partnership carried on
By JerrOld IL Meyer and Daniel Blumenthal
under the above name has been dissolved by
mutual consent,
Dated. New York, November LIST. 1914
JERROl.D II, MEYER,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28

All Byllesby electric properties reporting
for the week ended November lS show net
connected load gains OF 552 customers WITH
gsO kilowatts lighting load ana 81 morse.
power In motors New business contracted
N,t,s lighting load and 9h2 horsepower In
motors output Of the properties Tor the
week was g.67476i kilowHtt hours an IN
crease Of 1913 per cent. over corresponding
week of 1918.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28

HARRIS BERMAN-Judge Hand mas ap-
pointed Lee Perrin recemetr t S6rd " 800
MORRIS LERNER-John l. I.yttie has been
sppointed receiver for Morris Lefntf,
clothing dealer at los stanton street oo"u
saNi-EL GREENMAN--Judge a. y Hand
"bss apuolnted Perclyal Wilds receiver
;nr Samuel BRENNAN dry goods dealer
a. 1898 Madison avenue. Liaol'I''es arc
$4,000 and assets $4,000,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28
PUBLIC UTILITIES.

5000 Morn, a., ...., So. So.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28

Dr1defr,fTs TCuUTt9 TNI NuhInVFN TdITuItF
Suring the week IN the United states
against S64 for the previous week and
2Tg .47 alG ana az for the correspondent
weeks Of 1918 to 1910. The Middle Stuc'
rad 1875, New England 80, southern ~
Western IS, Northwestern 20 ana "a
Western So Canada had 100, against NJ
FOR the preceding week. OF the total mum
Der OF concerns failing rs per cent hse
ba'i from 5000 to 10000 capital.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28

'n the police Johnny King says he
Us going % get back In the game with the
'f..au1u Reds. At that no one can ac-
'- Tommy OF having lost any OF the
E.' matter that made him the catcher ~
'.r me-. He showed rare wisdom In
10; . patron.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28

Frank Flrreli says that outside OF tho
A't nat the matter never has been men,
TONED 10 him or Connie Mack the an
to'r-em~nt that Ray Caldwell Is to he
'"'el for Lapp and oldring is absolutely
I,'.,ut.c.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-28

signed an order authorizing the receiver
OF 3 II p. Pell a Co, cotton, anu ttoc'
brokers TO sell the firms participation o
- ,s5.n0O In the Manad sugar compan'
syndicate. Fifteen thoussnd noIisrs al
90 be sold 70 Alfred iHre.sl,i for stH,e"
and the balance $4,000, 10 20 10 Ao'v IN, Z
Willard II Brownson for $4,000, tn
buyers are 10 assume the liabiity or ; ~
y Pen q co. In regard TO the supple
mental subscription OF .l?, 900 and agre
10 hold the firm and receivers harmle :
from any liability ON account OF said sun
scriptlnn.
The Washington herald., 1914-01-04
PRESIDENT SILENT
ON TALK WITH LIND
No New Light on Mexican Situation
as Result of Conference
on Warship.

Pass Christian, Miss, Jan. 3.-No ad-
ditional ray of light has been cast upon
the Mexican problem as result OF
President Wilson's statement regarding
his conference with Envoy Lind aboard
the Chester last night
The Chester with Envoy Lind aboard
steamed out for Vera Cruz late today.
according to a report which reached here.
The two sons of Gov. Lind. who spent
the day with him aboard the ship. re-
turned to Pass Christian tonight.
II. B. Ward, OF Lafayette, La. who
has been told that he is President Will
sons double. arrived here today TO make
practical test of the resemblance. After
walking about the streets for several
hours and dining at the Mexican Gulf
Hotel. where those attached to the Presi-
Dental party are stopping. Ward decided
that the resemblance was slight in the
extreme.
Even the purchase of a glistening white
velour hat, such as the President fire.
quently wears. failed to give the desired
effect.
The Washington herald., 1914-01-04
NEW CLEWS FOLLOWED
In CARPENTER CASE
Police Confident They Will Get Harri-
son and Miss Malone in
Few Days.

While the police are disappointed at
not having been able to apprehend Sidney
b. Harrison and Miss Alice E Malone,
wanted on a charge of embezzling s52 1000
of the funds of n. L. Carpenter G. Co,
they are confident of getting the couple
before many days have passed. Several
promising clews have been run down.
Contrary to a report published in an
afternoon paper. the couple have not
been located by Assistant United States
Attorney S. McComas Hawken. The re-
port stated Attorney Hawken was on the
trail of the pair and had about cornered
them in Charles Town, W. Va. Mrs
Hawken. wife OF the attorney, last night
stated her husband had gone to West
Virginia on private business and not in
connection with the Harrison Malone
case.
Central Office Detectives Charles Evans
and Harry Warren are working on sew
eral new clevs, and while neither o. the
two men would give out the information
they have obtained. both are confident
Harrison and Miss Malone soon Will De
brought to Washington to face embez-
element charges.
The Washington herald., 1914-01-04
No Change I'm Plans.

1t was clearly demonstrated yesterday
that the withdrawal of the Morgan COM
pany from many directorates, in which
1t has had a controlling voice. will not
alter the pans Of the Department of
Commerce for a thorough investigation
of trade conditions and the operations of
trusts.
"I regard the withdrawal of Mr.. Nor
gan and his associates from several d.
rectorates as a highly important step for
ward" was the only comment Secretary
Redfield would make
That this work is TO be thorough and
exhaustive is indicated by the fact that
Secretary Redfield has asked for an in
crease OF appropriation from $4,000 to
ssS5. .0oo
I'VE shall go right ahead and follow
the program of legislation against inter
locking directorates which the Demo-
cratic party has outlined" said Senator
Kern, majority leader in the Senate.
Public opinion has become well-nigh
universal In opposition to the interlocking
of directorates. and perhaps the Morgan
Company had sense enough to see that a
change was inevitable"
Chairman Hinebaugh. Of the Progress
sive Congressional committee, said that
the action of Morgan was typical of
others that unquestionably will follow
The new policy of the house of Nor
gan" said Chairman Hinebaugh, ''is
symptomatic OF the fact that big busi-
ness realizes that the temper of the peo-
pie will no longer tolerate the things that
have been done in the past. IL means
that great houses like Morgan and others
intend to anticipate the action of Congress
and reorganize to the point where they
hope they will command public support
without actually lessening their power"
"a B ETAOIN SHRDLJT htn
A number of members of Congress
take the view that the mere prohibi-
ton OF interlocking directorates will not
eradicate the alleged evil of interlocking
stock control. With the object of reach
ing the root of this evil, a number of
bills already have been introduced that
prohibit the ownership by railroads of
coal and iron company stock. The sug-
gestion has been made that these pro-
hibitions may be extended to include
stock of other kinds of corporations. The
trust program of the administration GER
tainly will go far enough to compel a
complete severance of the community
Of interest now existing between, the
railroads, the banks, and the industrials.