davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-06-02

that Andrews has told. He therefore
asked Mr.. Miller's permission to question
the witness. Mr.. Miller readily granted
Mr.. Watson's request.
Where Is George Gunn" asked Mr..
Watson.
Il think he's the advertising manager
for McKenna." said the witness, men
tioning an advertising agency
And where is Mr.. Dier?'
II don't know"
In answer TO questions the witness
said there were zone or two others
present besides Gum and Dier when he
handed over nearly $4,000 in bills 1t
was 1880 at night when "the men came
Up to get the money" He had not an
ticlpated theirs coming, but merely had
been told ito have the money ready
and that wed have to give UP to get
back into those papers"
Were the bills you got large or
small?'
They were s1OO bills, remember"
There was IA Mr. Wilson" present
and II all took place Just about Christ
mas, 1920" He fixed the date because
I'VE were drawing other money for
Christmas presents"
Regarding the division of the 5000
Andrews thought "one got $500 and two
got 5000 and Dier kept the other
hundred. About the date Of the check
the witness said
"I'll tell you exactly In twenty-four
hours I'll see George Gum and make
him tell me the exact date
1T all took place within fifteen min.
utes,'' he said In answer to questions
by Mr.. Watson. II think the three
men met afterward, and l believe they
went up to Gunn's room and had a
drink"
Each time he passed money to DER
it was "a different man." Andrews was
sure. but he did not actually see the
money pass from Dier to the other
man. The corridor was very dark
Gum. he said. had written the adver-
tising copy for the two papers that
very night, and within week the ad-
vertsements reappeared.
Mr. Watson characterized the whole
story as incredible, but said it might
be believed by some Mr.. Hays brought
out that the records showed no checks
from the Dier Arm to Andrews in De-
cember, 1920.
Mr. Cook showed that Andrews knew
nothing about the newspapers or pay
ments In connection with advertising
except what he had heard from DER and
Gum.
The principal other testimony at the
nearing related to the purchase OF a
Consolidated Stock Exchange seat by
Andrews in 1921. He paid $4,000, he
said, but he denied that it was Dier
money that went for it, though there was
q payment of $4,000 from DER to An
dFews about the same date. He testified
t)o that he had rented an Office from
Dier for himself at nominal rental
OF S35 a month, which he paid to DER.
j. was, he said. a great joke, and they
spent the $35 which he paid for only
one month in cigars.
Andrews had a ticker in this private
office. but he denied that he got quota
tons for Dier after the latter's ticker
service was stopped. He was speculat-
dlg, but at the same time getting $500 a
week from der He was supposed to
give the Dier firm "such time as
thought was necessary" he said.
In the investigation into the charges
fy Andrews with reference to the news
papers, including THE NEW YORK HER
AID. Mr. Watson, its counsel. has re-
eived assurance of every possible CO.
operation from the receiver for the Dier
estate
The New York herald., 1922-06-02
DER CASHIER HAZY
ON BRIBES FOR ADS
Knows Only That He Drew
$4,000 of Own Money and
Gave 1t to Dier.
DER is STILL ABSENT
Money 'Passed in Dark,
Where Andrews Couldn't
See Recipients.
DER is STILL ABSENT

Fred Andrews, formerly cashier fol-
Hughes & DER and f. d. Dier & Co.
was questioned again yesterday by Ar
thur Hays in the bankruptcy hearing
before Seaman Miller. rereree. giving
testimony of a fragmentary character
regarding a few Of the transactions oi
which he had knowledge.
At the insistence of THE NEW YoRE
HERALD. which demanded, through its
counsel, Archibald Watson. thorough
investigation of the story told by An
drews In earlier testimony, Andrews told
further details of the alleged giving oi
1000 by the DER concern for the priv
lege OF having it's advertisements printed
in THE New YORK HERALD, the New
York Times and one other paper which
for some reason. Andrews was not able
to identify. The witness also was ques
toned by Alfred a Cook, of counsel fol
the Times.
Mr.. Hays and Mr.. Watson had a briei
conference before the hearing Their
after Andrews had been asked some
questions on other matters, Mr.. Hays re-
called his previous testimony, mention
ing THE New YORK HERALD, the Times
and also the New York Tribune. He
said:
Il Am not certain az 10 tne miro
paper. therefore l will not name It,"
The witness again asserted that hi
had drawn $4,000 and kept the money In
cash. He seemed vague on whether ht
had drawn the money from his own ac.
count first and reimbursed himself out
of DER funds later, but he knew he had
the money on the evening in question
in 1920 and had handed 1t to Dier.. who
had passed 1t to a man standing near
Kim in dark corridor between tive
rooms"
George Gum, the advertising man OF
the firm, had told him that the money
was for THE NEW YORK HERALD and the
Times Then he was asked why he drew
the money from his own bank account
if he did.
Il was told to-"
"Why did they do that? Why didn't
they take the money out Of the Dier
funds?"
II think they wanted to cover up that
particular transaction"
Mr.. Watson then took up the matter
and explained that as part of the thor
ough investigation by THE NEW YORK
HERALD into the allegations of Andrews
the newspaper was anxious to have the
fullest possible details Of the narrative
The New York herald., 1922-06-02
N. Y. COTTON BOARD
SUSPENDS 2 FIRMS
Continued from First Page.

ing furnished continuous quotations In
violation Of their agreement.
This suspension is the result OF an
erroneous and unsupported statement
of a seventeen-year7old boy ana con-
tradcted under sworn testimony OIL an
of the employees of our order room at
Wall street, in which order room we
have twenty-eight telephones opeialeu
by two order clerks.
ITndsr the rules OF the New York
Cotton Exchange IL we were guilty
even of a technical violation committed
by employees of ours without our
knowledge we coald not do anything
hut accept the responsibility and take
the consequences. as under the rules or
this exchange we are responsible lor
our employees
Both he (Lamborn) and our firm
emphatically state that there POSI-
tively has been no violation, either on
our part or on the part OF any OF our
employees, which the testimony taken
on March "a and April D, l922, apso-
lutely proves and which we are VIII
ing and shall submit to the unbiased
Judgment of any one Interested
Under these circumstances. we are
compelled to protect ourselves by ap-
peallng from this decision of the New
York Cotton Exchange and take such
action as our general counsel, Messrs'
Van Doren. Conklin. McNevin q Nc
Clenthen, advise.
The statement was sent to the mem
hers OF the New York Cotton Exchange
Including the board of managers, Both
Mr. Lamborn and William r. Conklin
of his counsel refused TO say what legal
procedure was contemplated.
From the offices Of John F. Clark &
Co. the following statement was issued
without further comment:
"The New York Cotton Exchange has
suspended our firm for period of six
months from June I, the charge being
a technical violation of furnishing quo
tations to unauthorized parties. During
this period we are permitted to clear our
orders through other members OF the
Cotton Exchange, We carrying New York
cotton with them the same as prior to
the opening Of our New York office.
This enables us to continue the service
we have been furnishing without any
change or interruption"
officers Of the New York Cotton Ex-
change were reluctant to give specific
information regarding the general
charges made against the three members
under suspension. Edward e. Bartlett
secretary, when asked whether the
action resulted from furnishing informa-
ton to bucketshops answered:
mot exactly"
Mr. Lamborn has been member OF
the New York Cotton Exchange since
November z. 1917, and the other mem
bers of his firm are G. p. Tameling,
II. B, Hutchings, Charles C. Riggs, c. G.
Troup, x. E. Lindgren, c. II. Logan, N.
Keen, b. w. Dyer and William b. Wood
a
Exchange since August 20, 1915, and
Marks was admitted in January, 1920.
The members of John F. Clark g. Co.
are John F. Clark, Russell Clark, Jacob
Marks, Joseph A. Meyers and A. S.
Stafford.
The New York herald., 1922-06-02
Bucketeer Gets 3 Years
in Prison as Plain Thief

r TOWARD E. STANLEY. first
II stock broker convicted of
grand larceny as the oper-
ator of bucket shop, was sem
fenced yesterday to three to six
years by Judge Johnstone in Gen.
eral Sessions. 1t is the first Nsen-
tence of a bucketing broker as a
common thief.
Stanley is 3S and lives at 420
Sixth avenue, Brooklyn. He was a
partner of Frank Miniter in Mini
ter. Norden & Co., at 20 Broad
street. The latter pleadedsguilty to
the charge of larceny, testified
against his former partner and re-
ceived suspended sentence. STAN
ley was convicted on May 22 of
stealing $500 from Joseph M.
Keiser of Newark, a customer, by
bucketing his orders.
The New York herald., 1922-06-02

dated is conducted, do not keep out men
whose past performances might well bar
them from membership.
Then, when the market turns upward
and tho bucket shop operators are faced
with the necessity of paying profits to
their customers or going broke. the Con-
solidated officials, apparently. become
greatly alarmed. There is an investiga-
tion and finally a SUSPENSION or an ex-
pulsion, which occurs just before or just
after the receiver takes over the office OF
the defunct firm.
1t must be said. however. that the
Consolidated does not accept every APP
plication that is presented. This was
brought out through the QUESTIONABLE
submitted to Mr.. Silkworth. He was
asked:
What percentage of applications for
membership are rejected?"
The question, answered in writing, was
not answered directly The answer
read:
Nine applications rejected during last
twelve months.
The summary therefore shows:
Nine reflections in twelve months.
Twenty-Five failures in four months
Consolidated's Omcials.
The Consolidated. as has been ex-
planned. is voluntary membership as
soeiation. 1t acts and conducts its bust
ness through its chosen officers. There
was an election recently. but the occur
-ences with which this series of articles
has dealt for the most part happened
previously. In giving the list of officers
and some OF the committees of the Con-
soldated. therefore, it is fairer to give
the names of those who constituted the
1921-192a administration:
President--W. S. Silkworth.
First ce-P-esident-S. A. Luther.
Second President H.
wagar.
Board of Governors-John Brennan,
Samuel Dorning, J.. Gilbough, w. S.
Hautsu. Marcus Helm, r. G. Latham.
George w. Lebmann, Leopold Spin
garn, William K Varcoe, w. l.. s. Web
ster. r. W. Belts, S. II. Clarke. w. s..
Cooke, p. j. Eiehele, James A. Gillies,
Thomas b. Maloney. ]. A. O'Regan,
George Shaskan. Laurence Tweedy. l..
b. Wilson.
! Committee on Membership-George
w. Liebmann, John Brennan. w. S.
Cooke. James A. Gillies. p. J. Eichele L.
Gilbough, Marcus Helm. George Shaskan,
John T.. Hoey.
Ways and Means Commttee--James
A. Gillies, John Brennan, w. S. Cooke
P J. Eiehele, Mortimer II. Wagar. r.
w. Belts. S. II. Clarke.
This list, which is taken from the Con-
solidateds directory, may be worth some
study. The two committees mentioned
are those. the activities Of which have
been the most discussed in this series OF
articles.
The New York herald., 1922-06-02
ENVOY BIDS HARDING CO oD-BY.

WASHINGTON. June 1.-Tomas A. lie
Breton. who has been Argentine Am
bassador to the United States for more
than three years. said farewell to Presi-
dent Harding to-day preparatory to
leaving within few days for home.
He first will go to Europe before taking
the seat in the Argentine Senate to
which he was elected several weeks ago.
The New York herald., 1922-06-02

S5,000,000.1
0mcials of the Consolidated Stock
Exchange contend that before any one
Is admitted to its membership there is
a complete business history Inves.i-
cation with report from the Bishop
agency" This is the answer of w. S.
Silkworth, president of the Consoli-
dated, to one of the questions pro-
pounded by THE New YORK HERAfD in
the preparation of this series of
articles.
In view of tLe statement 1t is worth
noting that the defunct firm of E.. ID.
der Co. had at the time of its
$4,o00,000 failure two persons who
were. in effect, representing it on the
Consolidated. Both still are members
of the Consolidated, according to the
latest information obtainable
The men are Fred Andrews, sor-
merly cashier of Hughes & Der and
e. d. DER & Co., and Percy Thomas,
whose connection with, the DER con-
Germ has been established by the trus-
tees in bankruptcy. and who nas not
been found since the failure.
Admitted at DER Crisis.
The Consolidated Exchanges member
ship list shows that Fred Andrews,
whose address is put down as 2001 Grand
Concourse. The Bronx, his home was
admitted to membership April 13, 1921.
This and other interesting facts regard
ing his membership in the Consolidated
was brought out yesterday at the bank
ruptcy hearing into f. D. Dier & Co.'S
affairs.
The same list shows that Percy
Thomas. of 32 Broadway, was admitted
to membership on June 3. 1921. The
dates in both cases are significant for
the reason that an examination of the
DER books has revealed that the COLI
ccrn started TO go down hill. at least
as far as the creditors were concerned.
about the same time. Another sgn.fl-
cent thing is that Andrews left the Dier
firm on June 2S. 1921.
Ff the Consolidated really made.
through its membership committee or
otherwise, a complete investigation Of
the business history of Andrews it
should have learned, as the trustee i'll
bankruptcy has learned. that he was
The New York herald., 1922-06-02
had Records of Many Members.

There are other and similar cases
which THE NEW YORK HERALD has in
formation involving men who were con-
cerned 10 say the least. in the Arnstein
case, the Emerson Motors fiasco and
other affairs of the sort, but the ex-
amples mentioned serve to show that
somehow the rules which the Consoli-
dated has adopted and by which. 1t is to
be assumed in view of Mr. Silkworths
statement. the business of the Consoli-
The New York herald., 1922-06-02
Brokers With Police Rec
ords Get Membership Af-
ter Rigid Investigation
NINE REFLECTIONS IN YEAR
Some Houses Fail to Get In,
but % Are Forced to Close
in Bankruptcy.

tThis Is the ffth and last of a
series OF articles dealing acith the
failure OF tioenty-seren Consolidated
Stock Erchdnge brokerdges and the
consequent loss to Investors OF
$4,000, ,0O0l
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-03
HARDING AND BORAH PLAN
TO DRAW INDUSTRIAL CODE
ATLAVT|A|V DROWNED
IN YELLOW RIVER

CONVICTION, Ca, Aug 1.-Mr.
Gordon Houseworth, of 1876 South
avenue, Atlanta, was drowned in
Yellow river, twelve miles below
Cowington, near Pisketts bridge,
Monday afternoon about o'clock
while SEEMING with party Of Oxford
men. His body was recovered about
IL o'clock Monday night.
Mr.. Houseworth married Miss
Ruth Williams, of Oxford, daugE
ter of Mr.. and Mrs, w. C. Williams
He was employed by E. A. Morgan.
ieweler, on Hunter street. Atlanta,
and was highly esteemed by all who
knew him. His parents reside in
Atlanta.
MIR. HOUSEWORTH WAS
AWAY ON VACATION
Mr.. L. Gordon Houseworth, who
was drowned in the Yellow river
near Oxford, Ca, late Monday, &C.
cording to press dispatches, was
one of the best-known jewelry sales.
men in Atlanta, and had been en-
ployed in that capacity by the E
A. Morgan company, 10 East
Hunter street, for the last ten
years.
Mr.. Houseworth was married
and lived at 1876 South avenue. Ac'
cording to information furnished by
the Morgan company, he left At
lanta Saturday with his wife, to
spend his vacation with some OF
her relatives in Oxford.
Besides his wife, Mr.. Houseworth
is survived by his parents, Mr..
and Mrs. John Houseworth, OF
Moreland, Ga, and several broth
ers and sisters. The body is expected
to arrive IN Atlanta Tuesday after
noon, and will be taken to his home
Funeral arrangements will be an
nounced later by Barclay & Brandon
Mr.. Morgan, his employer, left AT
lanta Monday night to arrange to
send, the body back to Atlanta.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-03
Frank Holden Enters
Race for Legislature
From Clarke County

ATHENS, Ca. Aug. 1.-The race
For the state legislature from Clarke
county has become a three-cornered
affair with the announcement Of
Frank Holden, prominent young at
torney, and junior member of the
law firm of Horace and Frank Hol-
den. Others in the contest are L. c..
Brown, former state senator, and
Toombs DuBose, the incumbent.
Mr.. Holden is a graduate Of the
University of Georgia, where he re-
ceived degrees in both the academic
and legal departments. While in
college he was active in athletics
and played for four years on the
varsity teams. He has been urged
for some time past to make the
race and finally gave his consent.
Mr.. Holden always has taken a
keen interest in civic and county at
fairs. He is director Of the fair
association, veteran of the World
war and active in both local and
state American Legion matters. He
headed the Athens delegation to the
convention Of the Georgia depart
ment Of the legion at Waycross last
month and in addition to being elect
ed national executive committeeman
from the state, was instrumental in
winning the 1928 convention for
Athens.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-03
JAPAN IS LIVING Up
TOPACT, DENLY SAYS

MANILA, p. L, Aug. 1.-By the
Associated Press Japan is observ-
ing every detail of her obligations
under the naval and four-power rrea-
ties entered into at Washington and
a feeling Of mutual confidence has
succeeded the uncertainty which for
merly existed in American relations
with Japan according to a statement
given out by Secretary of the Navy
DENLY today, the first day Of his
visit to Manila.
Secretary DENLY intimated that
conditions in the Far Eastern Pa
cific were not sufficiently stabilized
to permit of immediate consideration
of the Philippines aspirations for
independence, even should internal
progress prove that the country was
fitted for it.
'T believe that Japan is living hon.
Qrably to every detail of her obli-
cations under both treaties. I was
much impressed with confidence ex-
hibited by the Japanese In the sue
cess of the pacts and believe that
Japan, as well as the United States
has come to realize that the new in
ternational arrangements in the Pa
cif1c are beneficial to everybody con-
cerned. also noticed a similar feel
ing in China"
Regarding conditions in China, Mr..
DENLY, speaking ''only as private
Individual" stated his belief that
China's salvation would come
through strong man. who would
be able to hold the military leaders
of the country in check. He declined
to state whether he believed any Chi
nese at present was capable of as
Stunning this position, but said that
General WI Pei-F'u, military leader
of the north, was generally regard
ed as a strong man. Mr.. DENLY
said he understood that General WI
never had been charged with being
under foreign influence.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-03
Lenine in Complete
Touch With Affairs,
SAYS Government
RY r. A. MACKENZIE

Especial Cable to The Atlanta Journal and
Chicago Daily News--Copgright. 1929
MOSCOW, Aug. 1.-Russian au-
thorities are anxious, apparently, to
end the reports in circulation abroad
with reference to Lenin's health. M.
Semashko, commissar of public
health in the soviet government,
made AN exceedingly optimistic re-
port of the premier's progress before
a meeting Of red soldiers Saturday.
Trotzky, the war minister, an
nounced today that he had had an
hours conversation with Lenin con-
corning public affairs and that the
premier is not only in touch with all
important public matters, but takes
an active part in the handling Of
many of them.
Lenin, it is said, finds the limita-
tons to his activity imposed by his
doctors to be a heavy burden and try
ing to his disposition, but his ply
sicians are generally believed to be
right in holding that the internal
and external affairs of the country
are in such position as make posi-.
BILE for him the long rest they. think
he REQUIRES.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-03
Excursion Steamer
And Erie Ferry Boat
Collide on Hudson

NEW YORK. Aug. 1.-The
steamer Grand Republic with 1000
excursionists aboard collided with
the Erie railroad ferryboat, Chau-
tauqua, in the Hudson river at the
foot of Chambers street, today. Two
passengers on the Grand Republic
were reported to have been knocked
overheard but were rescued. The
ferryboat put back to her slip with
q large hole in one side and the
excursion steamer, her bow stove in,
landed her passengers. The collision
occurred in a heavy fog.
The Grand Republic was bound for
Bear Mountain. Her PROV cut the
Chautauqua amidships, causing a
panic on the ferryboat. Panic also
reigned on the Grant Republic.
The Grand Republic is a sister
shop of the Inflated steamer General
Slocun1, which was burned off North
brothers island in 1904 with the loss
of nearly 1000 lives.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-03
CALOMEL GOOD
BUT TREACHER0Us
Next Dose may SaIivate,
Shock Liver or Attack
Your Bones

You know what calomel is. It's
mercury; quicksilver. Calomel is dan
gerous. 1t crashes into sour bile like
dynamite, cramping and sickening
you. Calomel attacks the bones and
should never be put into your sys-
tenn.
If you feel bilious, headachy. con-
stipated and all knocked out. just go
to your druggist and get bottle OF
Dodson's Liver Tone for a few cents
which is a harmless vegetable sub
stitute for dangerous calomel. Take
a spoonful and If 1t doesn't start your
liver and straighten you up better
than nasty calomel and without maxi
ing you sick, you just go back and
get your money.
Don't take calomell It makes you
sick thel next day; it loses you days
work. Dodson's Liver Tone straight
ems you right up and you feel great.
No salts necessary. Give it to the
children because it is perfectly harm
less and can not salivate.
(AdVerfiSarnen
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-03
Texas Merchant Is
Killed in Shooting
Affray in Galveston

GALVESTON, Tex, Aug. L.
Samuel w. Block, 81, vice president
and general manager of the Calves
ton Dry Goods company, is dead,
and Tom B. Blackstone, county sup
erintendent of instruction, is being
held by police as. a result Of a shoot
ing affray here.
Blackstone was arrested shortly
after midnight on description fur
nished by F. w. Schmidt, taxi driv-
er, and the only eye witness to the
shooting.
Authorities said he and one pas
senger were waiting outside resi-
dence for another man to appear.
Schmidt said a man walking along
the street approached the automo-
bile and the passenger sprang out
and struck him. They clinched and
then two shots were heard. Schmidt
said both men began running and
the one identified as Block fell.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-08-03

present rail strike-because the prin-
cipIe of collective bargaining through
labor unions was deemed offensive.
Much water has gone over the
dam since that conference, but the
issues raised then are still unset
tied, and if an agreement could have
been reached then some of the recent
conspiracies to break unionisn would
not have gained much ground. Iii
fact, officials here think these efforts
to break down recognized principles
Of the right of men to organize have
contributed not. a little to the indus
trial crisis this summer, President
Harding means to put his influence
behind a code or charter that Will
have sufficient sustained force of
law and poublic opinion to solve
these questions.