Daily Tribune, Volume 17, Number 33, Terre Haute, Vigo County, 2 January 1903 — Page 7
&
'EMPLOYES 6ET SHARE
iOW STteL TRUST WILL DIVIDE THE PROFITS.
ix CLASSES ARE CREATED
ijvery Employe from Director to Laborer will Have Chance to Profit.
NEW YORK. Jan. 2—In a double circular, one to the stockholders and the ther to the officers and employes, the "nited States Steel Corporation an[•'jounces its intention to install a system |'hereby the humblest workman on its alls may, if he desires, become a perranent stockholder and! share in the
it
l'ofits of the corporation. The. scheme the result of months of preparation by tie finance committee of the corporation, nd the circulars are signed by George
4V.
Perkins, chairman. The plan is said 0 have originated with Mr. Perkins. The circular to the stockholders points ut the apparent advantage of the plan hich was devised with equal fairness every man, from the president of the eel corporation itself, to the man with 'ick and shovel working for one of the lbsidiary companies. The circular goes 1 to say that at this time there are iout 55,000 stockholders who, it is be»ved, would feel a greater sense of seirity in the corporation's earning power they knew that officers and managers morally were willing to enter into a .infract by which part of their compention for services rendered will be paid vlv after the realization of $s0,000,000 profits. This represents interest on nds, dividends on stccks and reserve sinking funds.
The plan inviting officers and employes participate is divided into two parts, irt one prescribes that from the earngs of the corporation during the year j,02 there will have been set aside at ist $2,000,000. and as much more as is eded, for the purchase of at least 25,000 ares of preferred stock, which will be Ter'ed1 as follows to employes of the rporation and constituent companies:
At present the corporation and subliary companies employ about 168,000 ?n, whom it is proposed to divide into V' ese six classes: 71ass A will include all those who reive salaries of $20,000 a year or over, ^lass will include all those who reive salaries of from $10,000 to $20,000 a ar. ?lass will include all those who reive salaries of from $5,000 to $10,000 a ar. 'lass will include all those who re-
1
:ve salaries of from $2,500 to $5,000 a ar. 'lass E will include all those who reve salaries of from $S00 to $2,500 a year. iass will include all those who reve salaries of $S00 a year or less, 'he preferred stock will be offered to employe during- January at $82.50 per ire. (Its closing price today was .37%.) Omployes can subscribe for an amount stock not exceeding the sum Teprelted by a certain percentage of their nual earnings, as shown in this table: iss B, 8 per cent Class C, 10 per cent ass D, 12 per cent Class E, 15 per cent iss F, 20 per cent. [n part two of the plan it is exined thiat the corporation is now makchanges in, the salaries of men ocvying official or semi-official positions 1 the directors have approved: these onimendations of the finance eomft.ee: Whenever $80,000,000 and less than $! 000 is earned during 1903, 1 per cent ill be set aside.
Whenever $90,000,000 and less than $100, 000 is earned during 1903, 1.2 per cent ill be set aside. Whenever $100,000,000 and) less than $110, 000 is earned during 1903, 1.4 per cent •.11 be set aside. Whenever $110,000,000 and less than $120,000 is earned during 1903, 1.6 per cent .11 be set aside. /lien ever $120,000,000 or less than $130,000 is earned during 1903, 1.8 per cent ill be set aside. vlien ever $130,000,000 and less than $140,000 is earned during 1903, 2 per cent ill be set aside. /hen ever $140,000,000 and less than $150,000 is earned during 1903, 2% per cent ill be set aside. /henever $150,000,000 and less than $160, 000 is earned during 1903, 2% per cent All be set aside.
ERLER AND PETERS
Having More Trouble With Their Contract in the City of Mil3 waukee.
..Milwaukee special says: "A. W. 'Uafften, representing the Public mica I and Creosoting company of ianapolis, has been here for several •s, and preferred charges against the •re Haute Creosoting company which the contract for paving the Sixteenth et viaduct. He charges the specificais are grossly ignored and that the city osing thousands of dollars because an irior article is being delivered, he council probably will order an Intimation. The contract in question lnves forty thousand dollars."
DON'T WORRY.
'hfe is easier said than done, yet it b£ of some help to consider the fctcr. If the cause is something over ch you have no control it is obvious worrying Mill not help the matter the least. Chi the other hand, if hin your control you have only to
When you have a cold and fear an sick of penumonia, buy a bottle of mberlain's Cough Remedy and use it iciously and all cause for worry as the outcome will quickly, disappear, •re is no danger of pneumonia when loused. For sale by all druggists
orn Ranges still lead. Terre Haute re & Furnace Co., 658 Wabash aveySign Big Tea Pot. llti'r-' A. 'jiffy & ,V*ry Egg Guaranteed at Hance's py Depot, Seventh and Elm.
ZS-
LABOR CORPORATION
PROPOSED RiEVIVAL OF THE UNION IN THIS FIELD.
INSIST ON
OPEN
SHOPS
Members will Attempt to Maintain High Wages by Energetic Co-Op-eratlon with Employers.
ALBANY, Jan. 2.—Rev. E. M. Fairchild of Albany, who has been called into consultation by the workmen interested in the formation of the National League of Independent Workmen of America, said today: "The league wil be organized in the near future. It is proposed to put a national organizer in the field, and to organize local branches all over the country, and demand that employers ran their shops as 'open shops,' in which union and league men can have an equal and fair chance for employment. "The specific objects for which the independent workijien propose to organize are as follows: "1. To protect independent workmen in their independence. "2. To sustain high wages by skillful, energetic co-operation with our employers. "3. To establish reasonable hours of labor, according to exigencies of the trades. "4. To promote intelligent understanding of our work. "5, i'o furnish favorable conditions for training apprentices, in order that our boys may become successful workmen. "6. To maintain sanitary conditions of employment by means of state laws and inspectors. "7. To compel officers of the government to enforce the laws. "8. To compel labor unions to observe the laws."
FUGITIVE CAUGHT.
John Hughes, One of the Men Who Escaped from Jail was Sleeping in His Lawyer'^C&ffice.
The police last nigh -captured John Hughes, who on Tuesday night made his escape from jail with one or two other prisoners serving sentences for minor offenses. The man was found sleeping in the office of Attorney Austin Sweet. Hughes was serving a sentence for overdriving a horse, and there is a more serious charge awaiting him to be pushed as soon as his time expires. It is said that as soon as he escaped from the jail, he went to the office of his lawyer and has since been hiding there. He has been in lots of trouble of late and' only a short time ago was divorced from his wife. The charge now pending against him is for assault and battery on his divorced wife.
Attorney Sweet says that he was entirely ignorant of the man's presence in his office. He explains his being there by the fact that Hughes was acquainted with his stenographer. Edward Wille, and' had come to the office after Sweet left and had asked that he be allowed to sleeD there. The stenographer permitted him to do so. The young man was discharged by Mr. Sweet today.
CAME NEAR SERIOUS.
Timely Discovery of a Fire in the Seventh District School was Made by Teacher.
The opportune discovery of a fire and the presence of mind of Miss Gfroerer, a teacher in the Seventh district school, averted perhaps serious results on the Tuesday preceding the dismissal for the holidays. Councilman Edward Roach, who is the janitor at the building, was off duty and a man who was not familiar with the work was in his place. The mail had started a hot lire, and while he was absent from the building for a few moments some trash took fire from one of the pipes in the main hall and- the blaze was carried to the radiator in the kindergarten department. Miss Gfroerer discovered the blaze and without making a scene to attract the attention of the children, she notified Principal W. G. Sanford. When Mr. Sanford reached the scene the blaze was gaining good headway. It was not yet at a danger point, however, and Mr. Sanford closed the door and kept all the children in their seats while Miss Gfroerer threw water on the blaze and extingushec1. it. It was about time to dismiss for the noon hour and while the teacher was throwing water on the flames, the principal dismissed the school in regular order and it was not until they were out of the room that they knew there had been any danger. An unsuccessful attempt was made to suppress the affair.
COMMITTEE NAMED.
Men Who will Attend the Inter-State Meeting of Miners and Operators January 29.
Most of the large mining interests ofIndiana are represented by the committee of twelve that will attend the interstate meeting of miners and operators to be held at Indianapolis January 2Dth. Notices of the men forming the committee are new being received by the operators as sent out by J. Smith Talley, president of the Indiana Bituminous Miners association. The committee members follow: W. S. Bogle, J. K. Seifert and O. S. Richardson, Chicago Joseph Martin, Rosedale David Ingle, Oakland City S. "W. Little, Evansville Job Freeman, Linton M. L. Gould, Indianapolis^ and J. C. Kolsem, Hugh Skirkle, R. S. Tennant and J. Smith Talley, Terre Haute. This is regarded as an exceptionally strohg committee.
The legislative committee named to look after the mine owners' interests when the legislature meets this month at Indianapolis, is composed of J. C. Kolsem, TeiTe Haute O. M. Ogle, Indianapolis J. J. Higgins, Linton, Job Freeman, Linton, and J- H. McClellan, Brazil.
Sugar Creek Levee Bids. The directors of the Sugar Creek Levee company met yesterday and opened bids for the construction of the levee. Three bids were deceived as follows: W. H. Harris, city, $16,380 P. J. Meredith, city, $18,040 and Frank Keeg-an, Brazil, $20,075. The bids were all taken under advisement, but it is thought that Harris will get the contract. 'The work of building: the levee will begin about April 1st.
420
Wabash Ave.
Men's $3.00 Blucher cut, velour and box calf Shoes
$1.98
Men's Satinola calf Shoes
Men's Satinola calf Shoes
98c
98c
Men's best quality Rubbers
Men's best quality Rubbers
Men's best quality Rubbers
48c
48c
48c
Boys good wear Shoes, sizes 3 to 5
Boys good wear Shoes, sizes 3 to 5
98c
98c
Ladies Over-Gaitors
10c
A Pure, Clear Skin
From Leroux's Blood Remedy.
Your skin and blood are in the closest possible sympathy. Arteries whose purpose is to nourish the skin are networked all through the internal tissues and afford many opportunities for skin diseases if there are any impurities in the blood. Make the blood pure by
Leroux's Blood Remedy
And you will find it impossible to suffer any disorders of the skin. This natural preparation will purify the skin, make It rosy and healthy—give it the clear, deep bloom so much sought after.
They praise Leroux's Blood Remedy because it purifies the skin.
Weak Men Wade Vigorous
fltAMf avBHr MSIMIT avvHf
What PEFFER'S NERVIGOR Did!
It sots powerfully and qoloKlyy Cure« all others fail. Young men regain loet manhood old men recover youthToi rigor. Absolutely Guaranteed to
Cure NtrrotuuHo, XiOjrt Vitality*
Itnpotency, Nightly Emlwlom, l«oat Power, cither sex, Fafllnc Hemorj-, WswtinK DUaajlaa nlf A# Af MtellllC AHA
v„'c&iixieiFtilVest"po
THE DAILY TRIBUNE: TERRE HAUTE. IND.» FRIDAY, JANUARY 1903,
Men's box grain Shoes, all sizes, $2.00 grades
$1.48
Men's Buckle Arctics
75c
Men'a Rubber Boots, jfe. 50 grades.
Men'a Rubber Boots, jfe. 50 grades.
Men'a Rubber Boots, jfe. 50 grades.
$2.48
$2.48
$2.48
Infant's kid Shoes
Infant's kid Shoes
15c
15c
"I suffered from blood disorder of the worst description. My face was & perfect mass of sores and I could hot go out of doors without •eil. I was I dreadfully humiliated and tried every sort of face lot ion f. I could hear of. My doctor gave me a face wash but h. my skin was as bad as ever. I knew my blood was out of order and when I saw your preparation advertised as a blood specific I decided to try some of it
The result was marvelous. Today there is not blemish on my skin—it is clear and healthy and my blood is pure." Miss
•mim Berth* 5«ierb*ck. 313 River Place, Toledo, O.
Write our doctors all about your case and they will advise you as to the special treatment your condition may demand—absolutely free—Do not neglect to give every detail it will help the physician and be kept strictly confidential. SJV?*/
BERTHA SAUERBECK,
The Lermix Medicine C*., T«l«4* Ohla "i}
YOU CAN GET YOUR yr
fi|#AT
TtS.
rocket. Pre
ftl per bot, ore tor f5, with tntM to cure or R«fond Man Ixcm MEDICAL ASS'N *For Sale by Perkins and Rftodel.
fjildjiiain wrapper, A written Guar*
Try The Tribune's On* C«rtt a Word Column*
J. Bv WALSH fSHOE
a
a
mili
Candies
Oranges and other dainties
HICKMA/N'S THIRD
ig AVENUE STORE. Call and see them.
HICKMAN'S
1462 Third Avenue.
Our Holiday business this' year was the greatest in history of the"'store, but our stock was bigger than ever before, and we can stiil supply your needs in Holiday Slippers and Shoes.' We have cut the prices on a, great many lots which will make them remarkably good bargains.
$2
$2
$2
$2
.98jrf
98
For your choice of \y^ $3.50, $4.00 and $5.00 Shoes, in all the latest toes and Jy shapes, made of patent leather, ideal kid, vici, box calf, enamel and velour.
For your choice of \y^ $3.50, $4.00 and $5.00 Shoes, in all the latest toes and Jy shapes, made of patent leather, ideal kid, vici, box calf, enamel and velour.
'ffjA f* Men's Slippers
'ffjA f* Men's Slippers
'ffjA f* Men's Slippers
... 420 Wabash Avenue
... 420 Wabash Avenue
CHIFFONIERS
Ironing Boards
89
CARPETS AND RUGS
Granite ingrain carpets, were 35c, cut to, per yard
Heavy union ingrain carpets, were 45c, cut to per yard
jrf
98
jrf
98
jrf
For your choice of \y^ $3.50, $4.00 and $5.00 Shoes, in all the latest toes and Jy shapes, made of patent leather, ideal kid, vici, box calf, enamel and velour. .Ladies' Warm
For your choice of \y^ $3.50, $4.00 and $5.00 Shoes, in all the latest toes and Jy shapes, made of patent leather, ideal kid, vici, box calf, enamel and velour. .Ladies' Warm
Ha' Black, brown and am wine Leather and velvet.
Black, brown and
am wine Leather and velvet. Regular price $1.00.
Black, brown and
am wine Leather and velvet. Regular price $1.00.
Regular price $1.00.
J. B. Walsh Shoe Co
J. B. Walsh Shoe Co
72C
Heavy pile velvet carpets, beautiful"^ colors, were $1, cut to per yard g5c Axminister carpets, all shadings, were $1.25, cut tox per yard
$9.98
Wilton velvet rugs, 9x12, were $2o,. cut to S
to $11.75-
China matting, all colors, were 25c, cut to per1 yard ... ...
One lot Ladies Shoes in lace and button, $1.50 to |2 grade v"
One lot Ladies Shoes in lace and button, $1.50 to |2 grade v"
98c
98c
Ladies' Fur Trimmed Slippers, high cut, $1.25 grade v..
Ladies' Fur Trimmed Slippers, high cut, $1.25 grade v..
69c
69c
.Ladies' Warm Lined Lace Shoes, good leather soles, all sizes
Lined Lace Shoes, good leather soles, all sizes
Lined Lace Shoes, good leather soles, all sizes
75
75
75
Ladies' Fine Rubbers
Ladies' Fine Rubbers
25c
25c
NOW GOING ON-DON'T MISS IT
Great Clearance Sale of Furniture.
Every inch of four mammoth floors filled to overflowing with the best of worthy furniture. Yon can pin your faith absolutely on the quality and price of every piwee of furniture we show.
Well-eeasoned gold oak finish brasB handles, patent castors, large and roomy and a great economizer of space and universal value
Writing Desks
Ladies' Writing Desks
Child's Rockers
20c
29c,
Wool filled, extra super ingrain carpets, were 60c, cut to per yard 45C Tapestry brussels carpets, bright colors, were 65c, cut to, per yard 43(&i Best .quality Brussels carpets, werev,^ 85c, cut to per yard
69c
Child's High Chairs g9C
Cane Seated Rockers ..
89c
Dining Chairs ..............
75c
Solid Oak Rockers^¥^. $1.98 Solid Oak Stand ..
Morris Chair
95c
Brussels Rugs, 9x12, all colors, were $15, cut to
Glass Door Safe
Chind Closets
19.98
Smyrna rugs, 9x12, were $18.00, cut
Bfid room Suit ....
12c
Fancy carpet design mattings, were 40c, cut to, per yard
©28c
Odd lengths oil cloth, worth 'vp to 50c, a yard, per yard ...... 1 Qc Linoleum, best Scotch, ..elegant de« pigns were 75c,.cut- to .. i±jm
$1.49
Vclour Couches ...^
Ward Robes
$5.98
$10 78
$6.98
Combination bookcase ...
$10.98
$6.98
$13.98
$15.98
Wabash Ave.
Ladies' Strap Sandals and Opera Slippers, all sizes.
Ladies' Strap Sandals and Opera Slippers, all sizes.
Ladies' Strap Sandals and Opera Slippers, all sizes.
j*
48c
48c
48c
One lot Ladies' at a Shoes, heavy sole aud light sole, broken sizes
One lot Ladies' at a Shoes, heavy sole aud light sole, broken sizes
One lot Ladies' at a Shoes, heavy sole aud light sole, broken sizes
?$1.48
?$1.48
?$1.48
Ladies Patent Leather French heer Dress Shoes, regular $3.50 grade
Ladies Patent Leather French heer Dress Shoes, regular $3.50 grade
Ladies Patent Leather French heer Dress Shoes, regular $3.50 grade
$2.48
$2.48
$2.48
Girls' Kid Shoes, vici kid and box calf
Girls' Kid Shoes, vici kid and box calf
Girls' Kid Shoes, vici kid and box calf
75c
75c
75c
Men's Embroidered Slippers
Men's Embroidered Slippers
Men's Embroidered Slippers
39c
39c
39c
A
The Store That Saves You Money.
... ,,
Solid Oak
IRON BEDS
Enameled bed, one inch pillars, brass top rods and mounts ....
IS
-i
&
$4.58
Enameled bed, one inch pillars, extra strong, in all sizes and colors $6.00 Enameled bed, one and one-quarter inch pillars, brass top rods and mountg, bowed extension foot t's
-$12.49
All brass bed, lacquered with beat English lacquer ....
$23-59
All brass bed, extra heavy pillars nd frame, bowed extension foftt..
$28.49
WHAT WE SAY
about our Furniture, we say for the express purpose of having people inquire into our statements and judge for themselves as to their merits.
