davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26
Available for Divide N 10.

Yesterday the corporations statement
showed that after the payment OF the
preferred dividend there was Se9.65+.-
i73 available for dividends on the com
mon stock out OF earnings for the quar-
ter. against nothing "a year ago. Thus
the balance available for dividends on
the common stock for the December
quarter was equal to J.S3 per cent on
IN. SjON. .Oon, 900 stock. or AT the rate OF
23.32 per cent per annum II figured
ON the basis Of the last quarters earn
ings
Besides showing total earnings for the
months uf October, November and De
ccmbcr OF S5l,232,7Ss the corporation
showed n net income OF siO.Sj3,ll3, with
"A balance OF s35,593,393 available for
dividends, The best previous quarter in
the corporations history was for the
three months ended June 80. 1907. when
total earnings of ij.5O3. 1oJ were re-
ported, with "A net of s37.7s0,i75 and a
balance available for all dividends Of
S30.si3.jl2. At that time the surplus
after dividends was only s2l,997.0hO. out
OF which Sls.500.000 was deducted for
authorized expenditures, leaving a
balance Of surplus for the quarter
OF s3,i97,oso. Yesterdays statement
showed surplus Tor the quarter OF
s23,30O692. For the December quarter
a year ago the total earnings were only
slO.e32l7O. with net income OF
S6.345.c53, while there was a deficit for
, the quarter after declaring dividends
only on the preferred stock of $5,606.2S3
The earnings OF the United states
| Steel Corporation for the year ended De-
cember 81. 1915. based upon the four
quarterly reports which have been issued
| during the twelve months. do not make
as favorable a showing when compared
| with those OF 1918. This was owing to
| the great depression In the steel indus
! tty which existed during the early part
| Of the present year. but they form Ia
| yorable contrast to those of 1914 and
| 1912 The net earnings for the year AS
based on the quarterly statements were
sl3O.35l29s, as compared with s7l,-
6Sl,l49 in 1914, with balance available
| for all dividends Of s75.7s9,l75, against
, S23,5O3.O35 the year previous.
The surplus after the payment OF the
| preferred dividends was s5o.56S,493. as
| compared with a deficit of $l.716.6l2 for
| the previous year. This was equal To
q "a per cent. earned on the 5000, 900
common stock. The surplus after COM
mon dividends for 1915 was s4+,2l5,7lI,
against a deficit of Sl6,965,6S7 in 1914
though II must be remembered that sf5,-
239.O75 was paid in common dividends
in 1914, against s6,353,7sl in 1915. The
surplus for the year Of 1915 was s44,-
2I5,7l7, as compared with deficit OF
&l6,965.6S7 in 1914.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26
Fears War with ENGLAND.

II have much more of fear in the end
of war with England than have OF war
with Germany. Events are coming
rapidly in the world. We nay sit by
and walt in contentment and yet II is
our duty as the managers OF a great
country and n powerful people to provide
for their protection against possibilities
as well as certainties,
II think then that we ought 10 pro-
vide these great forces, that 1t ought
to be considered as an emergency mat
ter entirely apart from the ordinary
routine or expense OF government,
without regard to partisanship or party
lines,
III England and Germany and Italy
can consider their propositions without
regard to party lines, country like
ours ought to be able to sweep aside
mere partisanship and try all to stand
together, loyal to the country, In the
effort to aid the administration OF the
government"
Mr. Mann then turned to the question
OF building up domestic industries as a
war measure
II think" he said, I'VE ought To pro-
vide in some way for the building up of
our home Industries 30 that IL we be.
come involved In war We may he able
to live within ourselves And / think 40
far as possible the question should be
considered entirely apart from partisan
opinion. In the hope that In some wav
we may get together In the interest Of
our country II We should become involved
| in a struggle with n foreign Power"
Urging all Americans to unite on a
pIan OF defence for the common good,
Mr.. Mann said he knew many people
| we're Of the opinion that there was no
danger OF trouble, present or prospective,
but that he was convinced It was
the duty OF the Government to prepare
against an evil day.
LET US try to think Of what IL for the
best interests of our country. what we
would do II we had each one the su-
preme authority and responsibility. II II
were placed upon each to determine,
whether he would take the chance OF
disaster In the future or prepare now ia
| preyent that disaster"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26
Asks Help for Armcnisns.

LoNpoN. Jan. 25,--Viscount Bryce is
asking the American Government to CO.
operate In assisting the survivors OF the
Armenian nation who have been driven
into the Syrian and Mcsopotamian des-
erts,
All the exilcs. he says, are dying Of
thiPse.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26
r. &. WOOD INDICTED
on BRIBE CHARGE
Ex-Pubiic service Comm ssi Oner
<ccu>rd of soliciting $1,000
for Contract,

Former Public Service Commissioner
Robert Colgate Wood was indicted yes
terriay on a charge of having solicited
nrihe for his influence in swinging to
tr- Union Switch and Signal Company
o. Swissvalc, IA, the contract for in
s,allug a signal system in the Centre
suoe' loop of the new subway system.
h pleaded not guilty and was released
IL $500 bail
The December Grand jury. which had
h"n continued to investigate this
char-e, has been examining Witnesses
since December II, when Sidney q.
Johnson former vIce-president of the
tnlon rpmpauy. made his startling dis
closure uefnre the Thompson legislative
committee
b's'r.r Attorney Perkins began the
invest CATION hut hesitated to ask for
ar indictment because of his theory thar
Johnson was AN aCcomplice of Wood
and t.r' r'rrohoratiVe testimony would
thereto, 10" nrcessary, The theory of
p!sIuo' Attorney Swami is that johnson
WI, A1i an arcompliCe and also that
t6'" IS sufficient corroboratiye testi-
ronE ." tie fact, among others. that
Secretary Travis II. Whitney Of the
tInar S'rV.,r Commission testified that
h. understood that Commissioner Wood
asked ila' the decision In the Centre
sre'' oap contract matter be referred
e. him.
jude" Muquccu of General Sessions
"1o Pc '.y,i the indictment. issued a
ten warrm, for Woods arrest i'm
n'd'a''I', but before 1t was served
n. frwpr Commissioner, accompanied
N William VI i'ar'ic of Stanchfeld 4
Low. -grrcuIcred. His counsel pleaded
Em' guilty for him, with leave to with
"a" '. amend thus plea within week
va WIS furnished by the National
SHrcts Company. Neither Mr.. Wood mol
ms counsel would commsnt on the indict
moE'.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26

A despatch from Miami, Fla, where
Bryan let it. be known to-day that he
intends going to stockholm. but not be-
fore his speaking tour here, which hc-
gins IN the latter part Of February.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26

.Aucr deducting expenses for renewals, re-
,.irs maintenance Of plants. interest on
hands and nxed charges OF subsidiary com
paEes ptEesal to esi per cent on sos, Da,dOo com
mon stock
tDehcit
Following is the statement OF the
United states Steel Corporation and its
s,rbsIdiary companies for the quarter
ended December 81. 1915:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26

on less essential points. IL was learned
Tonight. IN" German Government has
made concessions. She mas consented 20
el.iiuatc from the discussions the fact
that prior to The sailing OF the l.usi-
tania on her fatal trip the German En-
bassy through advertisements in the New
York papers and by persona. messages
advised the Americans IN IN" passenger
list no, to sail on the steamer. This
was objectionable to the United states.
There IL reason 20 believe also that
the United States has successfully de-
clared against inclusion in the agreement
of "A suggestion that this country has
ba-gained with Germany for "A settle
ment on the basis of a promise that the
United States would insist on a modltiR :
ton by Great Britain OF her blockade
policies.
II this subject is mentioned II Will he
merely by way Of recalling the fact
that the United states invited Germany
to cooperate in maintaining the freedom
of the seas and that Germany stands
ready to do this.
In denying to-day that Count Won
Bernstorff had presented to the state
Department any note or Other formal
communication from mis- Government on
the subject of the Lustania controversy
stat. Department officials explained
that the memorandum from Count Won
Bernstorff to Mr.. Lansing came under
the classification Of confidential CORE
spondcnce,' which being Of an entirely
informal character and subject 10 with
drawal or modification did not commit
the parties TO the correspondence,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26
SPEND BILLIONS FOR
DEFENCE, SAYS MANN
Republican Leader Sees U. s.
in Danger Of War After
Present Conflict.
FOR BIG ARMY AND NAVY
Tells House He Looks for
Trouble With England
Before Germany.
FOR BIG ARMY AND NAVY

wAsHiNsroN. Jan. 25-Representa-
tive James II. Mann OF Illinois. the Re-
publican leader, In a speech In the House
to-day expressed the opinion that the
United States Is likely to be called to
defend itself at the close OF the present
war. lie urged Congress to make large
appropriations for the army and navy
and enact legislation which will enable
American industry to supply all the Gov
ernment needs in the event OF war.
Mr.. Mann. who has heretofore opposed
increased armaments, spoke with great
question OF national defence be treated
in non-partisan way he was applauded
by members Of the House.
MIR. Mann startled some members
when ne declared that war with Great
Britain was more likely than a struggle
with Germany. Pro-German members
applauded this sentiment.
I'VE can better AFFORD said Mr..
Mann. ito spend hundreds OF millions of
dollars or few billions Of dollars in
ample preparation for trouble and avoid
It. " possible. than We oan TO await
tiOupit SpSHu
before We are finally victorious. as We
would be-
Congress should Act Now.
Mr.. Mann dwelt with emphasis Oh his
argument that the Government should
mobilize its Industrial resources against
the possible time OF trouble. lie said
IL was the duty OF Congress To- enac,
legislation without delay that would es'
tabliSh industries on a basis that would
make this country absolutely independ
cnt for all supplies In case IL should eve,
be called upon to defend itself. Mr.
Mann expressed the belief that the Euro.
pean war would continue for years ant
that no one could foretell what emcrg-
ency would confront the United state,
when that conflict came to an end.
II do not know. and no one knowa
what will result from the present war
said Mr.. Mann. mo one knows
whether the aggression on either side
against our interests and against our
desires may lead US. perhaps not into
this struggle. but into some struggle
which may he the outcome OF this one
l doubt whether paper peace between
the two struggling parties now. even
II II could he entered into, would bs
even the beginning OF the end
Il think the present Conn,C; IL likely
10 as' LOT n!'hH Sehrs ne'o,t IS
ucn,'l'e's "e''. nm" e.''cI '"'' p.'e
VI w, o'I'e' - w" ma ,'e, v, ,.,n. .I'',e. '
.an "s..'ne "nast', Gnu :. ,o u''
.,.e nn,' W . ~, u" .uJ, 80 ,r,,,.
=, r. ,,,,,, ,'c,,,', "''
Wv "''t ..., ,... -,
,u,,n,, h,, $50, ,i!s , 80,
, 80. t,
go ,u ha~,rIs onH ,o, ,h'. ,ir,.
-, - ", LII 49,, L,,. a.,
-, 80, ,'n, ,,,,u. i,,,,..,,,.., ,,',,h a.,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26
u. S. Steel Common Again
PAYS 5 Per Gent. D4vtdend
Old Basis Is Restored $5OS,OOOOOO of Stock-Quar
terly Report Shows High Record Set in Huge
Earnings of Corporation


The directors OF the United States
Steel Corporation did yesterday what
wall Street has been hoping for weeks
That they would do yet fearing that
they would not They resumed the regu-
lar dividend payments on the 350S. .000,-
900 common stock OF the corporation by
the declaration of IA disbursement OF Ia
per cent. for the quarter ended Decem-
Der 81, 1915. thereby placing the COM
mon stock on per cent. per annum
basis once more. They also made pub
lie the earnings for the quarter. the larg-
est In tho history OF the corporation,
showing a total earnings for the three
months ended December 81, of $5l.232.-
7ss. or S5.72e.ost in excess OF those Of
any other previous quarter. In addition
to this they announced that the Steel
Corporation has on deposit in banks
}1O5. 900. 900 in cash.
Following this announcement Wall
Street had no doubts that the United
States Steel Corporation had come back
into its own once more. that business
was booming. that all the runors OF big
orders at high prices and an improved
outlook for tho future were true, and
from office boys to bank presidents
every denlzen of the canyons OF the
| financial district went home last night
feeling that all was well in the world
once more.
Aside from being the most remarka.
Bile earnings statement for any quarter
which the Steel Corporation has ever put
forth 1t was also remarkable in that it
showed conclusively how the steel in
dustry of the country has come back
from "A period of the deepest depression
TO one of the rosiest OF prosperity. A
year ago the Steel Corporation quarterly
report showed "A surplus of only $685.
/ 90, available for the dividends on the
/ preferred stock and was Obliged to dip
( into its treasury to obtain funds to pay
1 tn" regular quarterly preferred dividend
untailing "A disbursement of s6.30i. 900.
with the result that there was a deficit
foy that quarter Of S5.6O6,2s3
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26

The following table gives the earnings
Of the United States Steel Corporation
for the years OF 1915, 1914, 1913, 1912.
the earnings for 1915 being based on
cstimates from the quarterly reports:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26
tpt"graH Told story First.

Walter -. Uptegraff, president OF the
'hpn N"I'na and Signal Company. first
,p,d 'N" story Of the alleged attempt 20
h"''. johnson confirmed what Upte-
ttd' rnporud, as did Col. Henry q,
ir"i' former president of the company
John l. Mccunc and S. o. Levinsohn.
dr'"iors
Johnson testified that while tho award
o' VI" signal contract was pending In
juno. l'li, Wood, the hearing Conn
MS. .pucr. summoned him to 43 Ex-
'htT" place, which was Woods placs
O. h9-.n,as before his appointment,
~ described the condition of the Of
u" ard a young man employed there
" "a@ asked to leave. lie testified
t'' aftcr talking over tho situation
he Commissioner the latter sug-
g's'cd 10 him that his influence. II
rouIiun,I M, Inst Ib0nA
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26

Pf.ehuvst, N, G., centre Of outdesr spsrts
Hotsi caroiina. Holly Ian. Berkshire. New
spsn.-A6O.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26

Deliclous Deerfoot Farm Sausage.
They cost more--try them and see why
Nsds at the Farm. scarborough. Mass,--
AtV.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26
Germany Again Fails to
Meet LuSitanta Demands
Refuses to Admit Her Submarine Warfare Is Illegal as
u S. Unsatisfactory Lansing Rejects the Pro-
posal-Another Conference To-day.
PETRoL1TE NOTE TO GO TO AUSTRIA SOON

WASHINGTON. Jan. 25.--Germany has
again failed in express terms to meet
the demands Of the United States for a
settlement OF the Lusitania controversy.
Count Won BernstorfY was SO informed
at q conference which he had this after
noon with Secretary Lansing. While
the Ambassador expects to confer again
tomorrow with the Secretary. It is not
now expected that anything approaching
a definite understanding can be reached
until after the embassy has received
further instructions from Berlin.
Though the latest exchange of views
has failed 10 bring about an agreement
between the two Governments. both at
the State Department and at the en-
bassy confidence was expressed that a
basis of settlement would be reached
In the near future.
II was learned o-night that the Stun
bling block consists in the unwilling.
ness Of the German Government to ad-
nit that the course OF her submarine
warfare at the time the Lusitana was
destroyed was illegal. Though willing
to pay indemnity for the lives of the
Americans who were lost the German
Government wishes to pay this indem-
nifty as an act OF grace, rather thar
upon any admission of wrongdoing
4 Critical Point.
To admit that the attack on the l.usi
tsnii was illegal, the German Govern
ment contends, would involve an ad
mission that the entire submarine cam
paign launched against British shipping
as "A reprsal was Illegal
IL also would he tantamount. IT i
contended. to AN admission in toto OF tn
claims OF the American Government tina
a neutral citizen surrenders none Of hi
rights by travelling through a war zon
on merchant ships OF belligeren
Power.
To this view the United States has re
fused absolutely to defer. Its position II
this respect has not altered one lot!
since the beginning of the "con'dentia
negotiations" between the Amhassado
and the Secretary OF State. From tn
first Secretary Lansing has insiste'
that Germany should admit the illeRalit
OF the act and make amends accord
, ingly.
Time and again Count Won Bernstorfi
/ It j. said, has submitted the propOs,
/ tion of his Government in varying forms
| but each time the Secretary has detecte
an effort to avoid the satisfaction de
| ma nded though with each suCCessiv
! discussion the Ambassador has com
nearer a meeting the demands
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26

American demands. Secretary Lansing
commenting to-day on the reports said
You may quote me as saying that the
stories printed thus morning were mere
conjcctures. without foundation In fact.
Although the Cabinet met to-day In
one OF the longest sessions in recent
weeks IL was denied on all sides that
the Lusitanis matter came up Tor dis
cussion. After luncheon Secretary Lam
sing called up Count Won Bernstorff by
telephone and requested him to call AZ
the state Department at 3 o'clock. The
two were in conference exactly twenty
minutes.
After the interview the Secretary
merely announced that the talk related
to the Lusitania controversy, but that
both he and the Ambassador had agreed
not to disclose any Information con-
cerning II.
When 1t became known tonight that
the princlpa, point upon which nego-
tiations were now tied up concerned the
refusal of MIR. Lansing to accept any
half way admission that the attack on
the Lusitania was illegal. II was at once
assumed In many quarters that on SINH
lar grounds the State Department would
find II impossible to accept the form
Of Austrias offer to pay indemnity for
the lives of the Americans lost on the
Ancona.
In her second reply to the American
demands Austria after setting forth the
facts OF the attack as submitted by the
Austrian submarine commander makes
the reservation that, on the basis of these
facts, she cannot he held liable for
damages.
willing to Pay.
H. however. she states. the United
States because OF Ack Of material
proofs ls unable TO determine for her
self the circumstances under which the
Americans on the Ancona lost their
lives. "the Royal Government in con
sideration for the humanely regrettAble
incident. and by a desire to proclaim
once again its friendly feelings toward
the Federal Government. would be
gladly willing to disregard this gap in
the evidence and to extend indemnity
also to those damages whose cause can
not he esta hlished."
Austrias refusal to be held legally
liable for Indemnity Is based on the
statement Of her commander that had
the crew OF the .Ancona properly at
tended to the needs Of the passengers
and had not abandoned them in panic
all could have been taken off the vessel
| in safety before II became necessary fol
the submarine to sink her
! The position of the United States
! throughout the submarine controversy
however. has been that under no circum-
! stances has submarine the right I,
/ sink an unresistirP ship while pass"n-
! gers and other nou-comhdtants are still
on board
In tn. light OF what is known of the
I Administration stand Oh the point still
! at issue In the l.usitana controversy
therefore, officials fnd it easier 10 eN'
plain the report that the State Depart
ment in the ueNt note tu Austria will finc
, the Austrian proposals 10 the same ex'
! tent unsatisfactory.
II is understood that in the next note
( TO Vienna the United States probably
/ will includ. "A demand for satisfaction II
: the case Of the American oil ship Petro
7 lite, which recently returned to th'
J United States after a narrowing expert
encr with an Austrian submarine IN TN
Mediterranean.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26

Less charges and allow ances for de-
pret1ation. Viz
sinking funds on bonds OF
subsidiary companies and
depreciation and extraor.
binary replacement funs s. ,g0s
sinking funds on United
states Steel Corporation
ponds NEUTRALITY-SUSPICIOUS.. 60so7
- l0.3I961s
vet income. e.................,,,..... S.O y.3 lil
Deduct Interest for the
quarter on United States
steel Corporation bonds
outstanding ,;;....".... .6,<Si.s7s
Premium payable on bonds
redeemable under sink.
ing funds. nds....,.............. gseO
- 5es7.71,
.,.....,.. So iab. .S3s
Add; Net balance Of sundry charses
aid receipts. including adj ustm ments
OF inventories and various other
aNcounts Observation-Disclosures. ~ Or7
Dividends for the quarter on stock,
oil the United States Steel Corpora.
ton. viz.
Preferred, iA per cent .... $500. s0
common. ~. per cent. t...,... s.35l, ~
--.-- i2.Ss, 7oi
Surplus for the quarter. 50 3oo. 80?
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26
rOuR TRAINS TO FLORIDA,

seaboard Air Limo Ry. Shortest, quickest
most attractive route. Inquire list b. way
ADV.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26
Fig u res for Com parisou,

The following tables show the earn
ings OF the United States Steel Corpo-
ration for the December quarters Of
1914. 1913. 1912. The Improvement in
earnings Is evident from the foregoing
table for the December quarter for 1915
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26
EARNINGS.
-
t5S. .a36. .0s1 @,N,.93

Tota, earnings after deducting All
cHn<nses incident to operations, IN
Guiding those for ordinary repairs
and maintenance Of plants ami IN
terest on bonds OF the subsidiary
cOmDanlee WI ~'-,'oo
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26
EXPECT LABOR SPLIT
OYER CONSUMPTION
2,25O,O00 Workers Will Be
Represented To-day at
Convention.
PARTY NAY BE WRECKED
American FederatiOn's Plan
for International Move
to Be Acted On.
PARTY NAY BE WRECKED

Ias,ox Y.n ,e "Wednesday, Tina
49,,
br'tish i'aoor party conference "n'on
opens n three day session at Bristol
this morning In expec,ed IN be the pnost
,.,,,, ..,, a., a.. .,,.,. -, ,..,
'a' !" '"o "'''' ~
conference since the beginning Of the
war. and the whole policy OF the Labor
party has practicallv b.,en made over
80 49,.
'"'o' ''e'N
The delegates Will he asked to decide
not only the partys Official attitude
toward compuslon but also whether
the labor representatives, should have
joined the coalition Government and
whether they should be withdrawn I'M
| mediately.
Three other questions which are ex-
pected to cause serious divisions amonH
the delegates are the assistance that
labor has given to the Government q
recruiting campaign, the party's official
attitude toward the war itself and It's
attitude toward the munitions Of war
act
The Governments compulsion bill has
created n situation which may split the
Labor party beyond the hope OF re-
! coyery for years to come, although ef-
! forts OF the most strenuous nature are
being made to prevent such catas-
/ trophe
". G. Anderson. chairman OF the
executive committee OF the party will
I preside over 500 delegates representing
nearly 100000 WORKERS
Conferences Power Absolute.
Tb. .o,foro,.. - ,h.o,,,. uh., /,
! daridss r,,,s, NJ. ,,,rrI.d n,,, mud Tho,
neuhe,s ~ p,rii,r.n, r.,nsiny ,cn,,i..
c.nc. viii no forced IN reeiyn or no on
| nell.d from m, n,r,, ~ d.cisio, a.,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-26

Continued on Last Page.