davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-14
INCOME TAX Is FAIR
TO ALL, SAYS MILLS
Five Minute Rule shuts or
Corporation Protests at
Hearing.
CHARGE LAW Is FAULTY

ALBANY. Jan. 1s.-Reseh'ing insinua.
lions by President Martin sax OF the
state Tai Commission that big corpora.
lions are seeking TO escape the pro.
visions OF the state tax law. representa-.
tives of corporations In the audience OF
1000 ut the conference Of local asses.
sors here to-day made a spirited defence
Of the corporations attitude on this
question.
A Ave minute rule suddenly put In ef.
feet when they began their defence did
not prevent them from asserting amid
considerable applause that the fault
really Is In the law itself, which. they
said. Is discriminatory.
Ogden l.. Mills. chairman Of the Joint
legislative committee on taxation, read
a paper recommending repeal OF the
present personal property IA Law and
the substitution OF an income tax meas
ure. Hearty approval was given Senator
Mills's proposal. although II Is known
that the Governor and all the legislative
leaders are opposed to an income tax
Measure In n Presidential ear. Espe-
cial approval was manifested when II
WIS explained to the upstate delega-
tons that the plan proposed by Senator
Mills would provide for taxing only the
net earnings of the farmers.
"Rememper ! am not advising Its
adoption as a means OF raising addi-
tional revenue for State purposes" Sena-
tor Mills emphasized. but rather 10
equalize local burdens. and because my
study has led me to conclude that II Is
the ~fairest, most just and scientific way
To reach those persons who should pay
their share of taxation and are to-day
escaping.
Irrespective Of any additional reve-
nue. need. when an existing system OF
taxation IL not only out OF date but un-
equal. ineauitable n an admitted
failure a wise people look for remedies
for a possible substitute. ] take II that
few. II any. will question the statement
that the present personal property tax In
q failure from the standpoint OF ad-
ministration. OF revenue and OF fairness.
"A low tax such as wal suggested to
this committee. with an exemption OF
$1,000 for a Jingle man n $1,000 for a
man with a family. and with the rates
running from one-halt OF 1 per cent. to
. per cent. the tax would be In no sense
burdensome either to the rich or to the
man OF moderate
Thus the maj with an income Of
500. 900 would pay somewhat less than
$4,000. while the family with an income
OF 50. 900 would contribute but IS. Could
either one Of them fairly complain"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-14
THE COFFEE MARKET.
Trading Appears to Have Lost
Much Of Its Recent STRENGTH.

The coffee market appears TO have lost most
OF ne recent strength. During the early op-
erations yesterday prices declined 5 10 10
points. which represented a total loss OF Is
to 81 points from the reGnt high point. The
easier tone was due TO scattered liquidation
and an absence of more than . very moderate
demand Liberal clearances from Brazil NJ.
emily and reports that another steamer will
clear on January 20 led TO the oclief that the
recent reports REGARDING the acuteness of the
freight situation there had been exaggerated
,.Therr were rumors OF lower offers from
Brazil. but these were not confirmed and
prices received in the afternoon were about
unbalanced from those OF Wednesday and
sales were reported OF Santos 10 AZ ?l,r and
Victoria - and ~ at Ne. London credits.
Toward the close of the day there was a
partial recovery on moderate local buying
due TO evidence. Of buying orders slightly
under present values Final quotations mere
AZ the hcst Of the day. With declines of only
! to . points Total sale. were it.lj0 bags
The local spot market vas inactive and i.
vas said that interior buyers were not dis
posed 10 pay the recent advance. Rio - were
quoted i,c. lower at 9 cents.
The Official cables from Brazil showed no
change In m,lreis prices IN either the Rio or
tho Santos markets Receipts at ,ho.- port.
were 5000 bags. against c5.cS last year.
Prices follow
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-14
AMERICAN DYE WORKS
ARE DEVELOPING FAST
Coal Tar COlOrs Are Being
Turned Out at Rate Of H.
900 Tons Annually.

WAsHiSGToS. Jan. ia report on
the dyestufY situation in the United
States in November by the Bureau Of
Foreign and Domestic Commerce says
that American dye works are now turn
int out coal tar col0rs at the rate Of
$4,000 tons annually and that these
color are being manufactured wholly
from American raw material. BEFORE
the war started the United States manu-
featured only 5000 tons of coal tar col
ors. made mostly from imported inter-
mediates.
The total imports OF artificial, colorS
before the war were something like @5.-
900 tons, SO that the color using indus
tries now are not getting their normal
supplies. The reppr. states that m.
necessity for continued efforts on the
part of all concerned In the establish
ment OF an American dycstur industry
is apparent.
The manufacture of coal tar crudes
in this country has assumsd larg. pro-
portions" says pr Thomas II Norton.
author Of the report. but owing 10 IN"
great demand for such products in tho
manufacture of explosives. the dye works
have not had the supplies they needel.
Nevertheless there are now seventeen
Arms engaged In manufacturing inter
medlates and twelve firms arc turning
out the finished dyes"
DR.. Norton says the United States is
TO nave a permanent dyestufi industry.
Tn textile and allied industries. he says.
are united In the determination that the
country shall never again he exposed to
such IA famine as II recently experienced.
The large organizations Of dyestuff users
have expressed a willingness 10 bear the
burden OF higher prices than prevailed
before the war, n necessary.
Most OF the companies engaged In
making coal tar compounds are plan
ming to continue their production along
tho lines already taken up and to en-
large such production or enter on the
manufacture Of additional Intermediates
or finished dyes as circumstances war
rant.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-14

THE SUGAR MARKET.
Raw UnchRnGed-Renn~ Inactive
-Futures steadier.

Pricrs in the market. for raw sugar r..
Cuhas COS and freight. equal to &5?c. for
centrifugal ?s test duty paid. while Porto
Ricos were still quoted nominally at s2c
Saer were reported Of l:.odo bags of Cubas
for prompt shipment az SAC. cost and freight.
l3.0o bags Cubas hrst half February shipnen
loading at Sc, I q b Cuba THE unhertone
of the market was stendy, with an absence
q tendency TO take a favorable view OF the
market a. a result Of foreign requirements,
owing to reduced production.
Refined sugar was inactive. hut prices were
firm at S1c. for fne formulated.
The market for sugar futures was quiet.
with total sales of No tons, but prices were
steadier, closing at 4 10 : points net higher
The demand was not aggressive, but offerings
were light. and the fac that prices are NJ
about an even basis with spots had a ten.
denry to discourage aggressive selling in view
of the apparent steadiness in the spot posi-.
tion. Prices follow:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-14
PRIEST ACCUSES UNDERTAKEN
says lie Was strsck IN Dtsps q
Over q FunePal,

The Rev. DR.. Louis Caporaso. rector Of
the Church Of our Lady OF Charity In
Brooklyn, made a charge Of assault
yesterday against Louis Ceraso, an I'M
dertake- of 204 Prospect street, before
Magistrate Manner In the Gates avenue
court.
\ funeral procession stopped on
Wednesday morning In front OF tho
rectory at 1863 Dean street and Ceras ,
entered the house with some Of his as
sistants and asked the priest to open the
church Immediately and conduct a
requiem mass.
Father Caporaso on learning that
neither the deceased nor any Of his i'm
mediate family were members Of the
parish refused to conduct services with
out the usual notification. The drivers
entered the room to ind the cause Of
the delay and made considerable turmoil,
during which Ceraso IL alleged to ha w
struck the priest In the face.
The police OF the Atlantic avenue sta
ton were notified and the undertake
had to furnish $500 bail before proceed
ing with the funeral, Magistrate Maui
me- adjourned the hearing in the case
until January 81,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-14
PHONING TRICKSTER
DECEIVES BROKERS
Orders Buying Of Midvale
Stock-Uses Names Of
Well Known Men.

Some trickster has been calling up
prominent Stock Exchange houses and
ordering them to buy large blocks Of
Midvale Steel stock. Several Arms WIRE
80 completely deceived that they exc
cuted h orders.
The FIRST information the financial dis
trict at large had of the activities Of
he trickster wat through the follow
Ing warning on the news .ttckeB:
'some one giving fictitious names IL
telephoninE to brokerage houses giving
orders to buy Midvale Steel. To each
house he gives a different name. but
In each case has used In address on
West Seventy-second street No such
person can be found. Notify Blshop's
Service. 90 Broad street. as TO your ex.
perience."
Three OF the fictitious names given
by the a were John Muller Of ~
West Seventy.second street. Harold
Pierson Of So West Seventy-sscond
street and c. w. Harris Of the same ad-
dress. This is the third time within
" months that SOM person has made
an attempt to purchase Midvaie Steel
In this manner. In this last attempt
the trickster has been successful In
getting Stock Exchange houses to pur-
chase several thousand shares for him.
His method Of working was as follows:
ne WOULD call up u brokerage house
and ask that a certain number of Mid
vale Steel shares be purchased for his
account. When the order clerk would
ask for his name he would give one
OF those noted above. On being asked
for references n security for the exc
cution Of the order. he would say:
Their is a messenger boy on his way
to your office at this very moment With
a check FOR - thousand dollars.
Besides, SO and 80. a big customer Of
yours. is a friend Of mine and recon-
mended your Arm TO me-"
In one case the man said that he was
acquainted with a friend Of the senio-
member Of the Stock Exchange irm. On
hearing this the senior member rave the
word to follow the impostor's instruc-
lions and the toe was purchased. A
few moments later the senior member
was talking with his friend and related
the circumstances He was a surprised
man when he learned that his friend had
never heard of the man who teiephoued.
As soon as the brokers found that
they had been hoaxed they cancelled.
wherever possible, tbs orders executed
for the impostor.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-14
BUMPS IN FOG ON THE BAY.
steers snd sheep In Ira nsfer BarG
shaken u. 80

Many hzrbor craft, bumped In the
dense fog yesterday morning. A Cen
trail s%tockyards barge with 200 steers
and 400 sheep aboard. In tow Of the tugs
Hercules and Edward O.. Murray, was
rammed on the Battery BY the New
England Steamship Company's frelshter
Poquonnock and a forced into shoai
water at the Battery sea wall with a
hole In her starbosrd side. The cattle
were transferred to another barge.
The ferryboat Atlantic. hound from
Hamilton avenue Brooklyn. for the foot
OF Whitehall street. grounded OIL Gov.
ernors Island. stuck there for forty
minutes and then got of and made her
slip without further trouble, The mu-
nicipal ferryboat Manhattan, creepInx
through the murk from st George to the
foot OF Whitehall street, bumped q steam
lighter In the bay and Jared voyagers
from Staten Island. Nobody was hurt
and the ferryboat was merely scratched,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-14
THREE SYNDICATES TO
BID FOR STATE BONDS
Great Interest in $25,OOO,O 900
Issue Soon to Be Sold by
Comptroller.

At least three powerful banking syn
dtcates are being formed for the pur-
pose Of bidding for the $25. 1000. 900 I per
cent. bonds Of the State Of New York
which are to be solds by State Comp
troiler Eugene NJ. Travis on January 81.
Wall Street believes that in vlew OF
the fact that the syndicates have en-
tered the field 30 early the bond offering
Will be . great success n that much
competitive bidding will be seen.
One syndicate being formed includes
the National City Bank. the Guaranty
Trust Company. Harris. Forbes 4 Co.
and Brown Bros. a &C Another Is
composed OF William A. Read & Co.
and Kuhn. Loeb a Co. The third is
made UP Of the Equitable Trust Com.
pany and N. ". Halsey a. Co.
Bond men say that 1t Is too early
20 estimate what price the bonds will
bring, but they think that conditions
are ripe for an offering Of this kind as
bonds are quoted In the open market
NJ around lo2 and are thus selling on
a 3.s0 basis.
There 10 much interest In this offer
Ing In View Of the fact that IL Is the
nrst time that New York State has pro-
posed to sell 4 per cent. bonds in about
four years. Since 1912 all state IMAM
cling has been one at either "A or AZ
per cent.
Another fact thai causes interest In
the Offering Is that II IL the first big
piece Of State or municipal financing
TO be done since Great Britain brought
out her big war loan at AZ per cent.
AZ that time bond men and bankers
felt that II England borrowed money
At 40 high a rate at home the effect
would he higher rates the world over
for investment securities. The fact tina
Comptroller Travis seems to feel tina
New York State can borrow money at a
lower ngure than for some years seems
to disprove this theory. For this rea-
son tho bond sale Is attracting more
than ordinary interest.
Tho bonds to be sold are divided into
two classes. In the first are 81. 900 600
bonds for h Improvement OF the Erie.
Champlain and Oswego canals and So
100000 for the Improvement OF high
ways. In the second are S3.O0o. 900
bonds the proceeds Of which are TO be
devoted to the construction OF barge
canal terminals.
The last bonds sold by the state Of
New York were s27. 900. 900 ~ per cent.
bonds. which were secured by a syndi-
cate In which were the National city
Bank. the Guaranty Trust Company and
White. Weld 4 Co. The price bid for
the bonds was lo3. 459. This was In
March. 1915. The bid gave the State a
premium Of 3a3i.600. In January. 1917.
S51 200. 900 fifty year AZ per cent.
bonds were secured by Kuhn. Loeb &
Co. and William A.. Read & Co, with a
bid Of 106.0f7.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-14
TAX TROUBLES DUE
TO REALTY FURRY
So Calvin w. TOmkins Tells
Chamber Of Commerce at
Special Meeting.
INCOME PLAN OPPOSED


AZ a special meeting or the 'hamper
OF Commerce yesterday, called to dis
cuss two resolutions rre.sn,ed nv Isaac
." chairman" VI y" ''"
Wittee on state ana municipal TAXA
ton. the resolution expressing prefer
epce for m STAT. ,r,o,no ,ax wa, r.serrea
-,
o"'A W INC conhihi''eo lot iu''"er co"-
sideration the resolution providing
for an amendment 10 the Federal in
! co,,. INV ,,.,,,r !, n,,ah,. hv thu
"" " p"'"' VIZ
taxable person and not Mt the source
was deteated.
Mt. Seligman IN DISCUSSING the State
income TAX resolution sald IN part:
WISH 'he members OF tne thamDer
OF to understand that our
Is not welded to any specifc
bil'. the idea has been as to which OF
me three problems That have been facing
inc Miiis committee would be the most
advantageous or to put II In another
way. the least obnoxious. We have care
fully considered the three propositions
and have come to the conclusion that
on me whoie the income tax Is the most
preferable
Gavin W. Iomkins. FORMER DOCK
commissioner. IN advising that the
chanper consider carefully the state
income TAX before passing upon II said
III part
Inc imposition or a new tax II n
much more serious matter than an in
crease OF decrease IN an existing TAX.
Dur V'! YAK ~'rouoles are not entreIy
uue 10 tne cost ot government. They
a,c !" u "rbe part tne consequence OF
Wv, wa NV u'sioca'ion oi rear estate
,"'"'H ''uSeu u! 'he new Sup"ays' anu
Wv. 'IiSls WI, pe,orie TESS acute WIN
= :, .uu'.ao'e uls,riuu'Io" o' assess
m'".s INV ~ rsSu''p,ioh OF ACTIVITY
~ ,sa es.a'.i ine c!,s tnper'ehceu
u,. na'","'p "iueI 'ne we" eN,
ua'.sa"e. .ne "nanc'a' simash OF 1919
- ""ioau u's.o'a.l.n =,
w.. -. 49,, .o.'",'uons .n"u'cu
,.,u ha - .a.a ',n."neu'' wv
ST., o's.nn.es .o".
49,. - Nv up.',"s v.
,ss..sad ,at,a,tn, a. -
h,,i,5tn,, H., 49,. -. u anu NV
,n a. soranan n, -. nr""
pooa,
"rha M, ,,orao,n 4, A. ..,--
y, ,a,a q. Ea,, ", m. p,noo
ara ,o,a 49, ,a,r,, -
-, ,au,.a - US
q, ,,cn,nn 90 - ".so.a.es
a-o nassaa on h,. ~ ,aa,,a.a 80.
,.nan, ~, ~ nno .ne
suhs,d;,r, ~ ,n,ion,aus g.. ''.'
and no tax 10 woe uniyorsa,,. s,'
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-14
EXCHANGE PARTNERS SLATE.
Omcers Nominated for a ssociation's
Coming Election.

The nominating committee Of the A.
ISOLATION Of Partners of Stock Exchange
Firms has submitted the following slate
for the annual election Of officers on
February 4:
President, G. II Roynton, renomi-
mated vicc-presldent. Charles S. Sar.
gent. Jr.. renominated treasurer, John
w. Prentiss. renom!nated governors
for three years. Charles Alfred Bill,
James l.. I%Iaidlaw. Albert McCiaye.
Felix Roeen for two years. Oscar L.
iubelmann. The last three are re-
nominated.
g. III. Boynton. president of the asso-
citation, has been authorized 10 appoint
"A committee to arrange for the annual
dinner OF the associa ton. While the
date has not been selected. 1t is under
stood that presidents of the Boston.
Philadelphia. Chicago and other ex-
changes have been invited to attend.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-14
THE METALS MARKET.
Copper Consumers Inclined to he
More Conservative,

The, metal situation Is somewhat un-
Eastern roads espeGially ON tn" New
Of either copper, lead or spelter 10 large
consumers In the Connecticut Valley ana
In S M,ss'G ,n. Late EGs,srday # was
longer accept shipments even FOR delivery
Into the zone cast OF New London ANA
Wtliimantic.
Copper consumers are inclined TO he
even more conservative since the issuing q,
the statement by the Geological survey
showing the production OF refined copper
the country-approximat~ly 1854 OO. 900
pounds The avail a bile supply In 1915 was
tic consumption Was the h]eavisSst I" 'nc
history OF the country. 1915 exports we're
exceeded four or Ave times the previous
years. The conclusion Is unmistakah!c
that large stocks exist either in hands OF
prod or held on speculative account.
Yesterday second hands wer. asking ?sL.
producing interests. s,ill strong In their
position Of heavy sales. asked go. Re.
ports Of 2tto. for export, wer" not crod-
Government and OF the difficulties In MAX
ins shipments from foreign as well as
from domestic ports. The London market
stronger. with an ADVANCE OF e. e. cd. on
spot and e. on futures. with American
cl:ctrolytic unchanged.
tic market. spot being offered at toa to
<ic, February was held AZ zoe. March
was auotahle at Ss+ to ssac, and April
a. saw to see, The London market was
nrmsr. spot straits being up Il to fi77
standard was also up los. to iis Al Now
York there were arrivals Of So tons, max.
Ing total received since January 1. 9.iOo
tons.
Rehned spslter was said to he steadier al,
lISe' for spot and January, although
some January was exchanged for February
on the basis OF NC for January and 1910.
for February February was offered later
81. ~. toc.. March at 1880, and second
quarter at l3hc.
Lead was heavy and difhcult TO sci, I'm
the open market even at concessions.
though the price 81 tho large producers
remained at $500. at Now York and
6Ggtc, at East ST. Louis, thcrc worN
offerings by second hands at 500. N.w
York and SG TO S,TOc, a, Dast q. Louis
without attracting buyers.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-14
New Victor Talking Dividend,

The Victor Talking Machine COMPANY
has declared a special cash dividend o,
80 per share payable January Is TO
stock OF record January IL. This is in
addition TO the regular quarterly divi-
dend OF - per share, payable on the
same date.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-14
Cunard 10 build Eight sh,r,.

LONDON. IAN. la.-The ~i.Ivornn
ncwspa pers state that tenders for cIs,,
new steamships Of the Large ,ap,r,,,
intermediate type are TO be submitted nv
the Curard Steamship COMPANY mi,
week.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-14
THE BALTIMORE MARKET.

BALTIMORE. Jan. ls-rni,ed R.uw,,.
Was higher on small lot sales. Cosdcn. Dayi
son and Wayland Oil lost a each. Elkhorn
Corporation Is we're active and y up. The
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1916-05-12

"Confound your little sword, sir. i
don't see why the deuce you people
can't have your fights so far within
your own borders that We will not
have to mount guard over you. Every
blessed one OF you, when he starts a
fight, gets one foot on the American
line and then thumbs his nose at the
other party. II you did it twenty
miles south OF the line you'd be caught.
Gather up those pack mules, cor
poral."
The three loose pack mules, which
had been logged down the hill by
their owners lest they, too. should fall
into the hands OF the pursuing party.
were grazing peacefully at the line.
eagerly snatching such mesquit beans
as they could reach. .
Corporal Welsh rounded them up
and was driving them well into Amer
lean territory when a shout from the
pursuing party made him turn. An
officer clad in a French military cap,
a Mexican blouse, very dirty white
trousers, and straw slippers. rode for
ward, saluting Kynaston punctiliously.
Il have the honor TO request, sir, "
he said courteously, that in accord
ance with the terms OF the treaty that
has existed between our two countries
the raiders who have just crossed into
American territory be turned back to
answer to Mexican law"
They've got a job, sir" comment.
ed Corporal Welsh. They amt got
no law except what they make whiles
you wait"
Il am sorry, sir, but ii is impossible
that is. unless they desire TO be re-
turned to Mexican control"
Kynaston's eyes twinkled as he So
berly asked the refugee officer If he
desired to be so returned. In answer,
that gentleman, standing not upon
ceremony, openly bolted fifty yards
farther into American territory. The
American cavalrymen grinned appre,
ciatively.
IF you cannot deliver the prison.
ers | make formal requisition on you
senor. for the loads OF those pack
mules. Those men have come from
General Zapata in the south and have
looted as they came. Houses. men,
women, and children; aye, senior. and
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1916-05-12

even the converts have not been sa-
cred from them.
Money, jewels, and treasures have
they taken, and they have left the
land bare behind them as the rice
fields OF the South when the fight OF
the langostas has passed
II ask that this loot be returned TO
me TO be returned to the men who
owned II. That mule yonder is loaded
with the treasure that they have sto-
len for the purpose OF using ii TO buy
arms and ammunition TO help their
tottering cause"
He pointed TO the pack mule as he
spoke. and Kynaston saw that the
aparejo fairly bulged with ill-concealed
packages that showed plainly as the
animal swayed 10 and fro, rubbing it's
sides against tree.
Sorry. old fellow. but I can't help
you there, either" he said pleasantly.
Il can't rob Peter TO pay Paul-more
especially" he added soto voce. "as
| am morally sure that Paul is about
NNh hfbAgfo WgAoD AldA fNIAs
Gather up the outfit. corporal. and
take their arms and ammunition. Take
the bolts out OF their rifles and stow
all the ammunition near my sleeping
place. Wen make camp here tonight
and get back TO our camp after noon
rise"
So they got their supper cooked by
greasewood fires, and, after letting
their horses rest a couple OF hours,
set out on the back trail. The little
party OF escaped federals was under
careful guard, for Kynaston well knew
that. given the chance. they would
give him the slip and scatter on Amer
lean soil.
They would not dare TO escape d.
rect &c Mexico again, for there they
would be shot on sight; but In the
The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1916-05-12

United States almost any Mexican IN
habitant whose sympathies lay with
Carranza would give them shelter and
food till the chance should come TO
smuggle them back TO the federal
forces.
Kynaston was very glad at heart
when. topping the long ridge, his pris-
oners sauntering behind him. he sight
ed the camp fires OF his permanent
camp.