Hammond Times, Volume 6, Number 174, Hammond, Lake County, 12 January 1912 — Page 10
10
THE TIMES. Friday, Jan. 12, 1912.
THE 'TIMES NEWSPAPERS Ur the Lake Cennty Printing Pnhlinking; CemfiiT,
Gary Evening Times; Laks County Time (Country); Lake County Time (Evening); Times Sporting Extra, and Lake. County Times (Weekly).
Entered at the Postofflce. Hammond, Ind.. as second-class matter.
Main Office Hammond. Ind. ...TeL. 111 Private Exchange. Call Dept. Wanted. Gary Office TeU 1J7 East Chicago Office Tel. 476-R Indiana Haroor TeL ESOR Whiting- Tel. SOM Crown Point TeL 6
such tremendous importance that It should arouse the enthusiasm of every person interested in .the de
velopment of the Calumet region.
It was the territory located along
the Indiana Harbor canal In Indiana
Harbor and East Chicago that proved
so attractive to manufacturers that a score of industries were located along
its banks.
The holding company which It is
now planned to organize among the
owners or tne acreage win make it
possible to take immediate steps to
have the river straightened, provide
railroad shipping facilities and take such other steps towards the improve
ment of this territory as are feasable.
This is ust one of the big things
that are being done in this wonderul Calumet region.
LARGER PAID CP CIRCULATION THAN ANY OTHER TWO NEWSPAPERS IN THE CALUMET REGION.
AXOXYMOUS communications will not be noticed, but others will he
printed at discretion, and should be
addressed to The Editor. Times. Hm trend. Ind.
THE TINE TREE. .
It standi here Nature's pulses freexe
fteneath the polar eye. A ad hangs its drooping; banner out 'Neath India's burning sky.
From north to south, from east to neat.
Where'er the ana ahine. It lifts and -navrm It lordly crest The all ensuring Pine. la regions wildest and unknown, Beatde the restless km. It breathes Ita deep and mellow tone Thru utarcVi mlaxtrrlar;
Tin hteard upon the mountain's hreaat
And by the rlTer" line, Aad 'raid the busy haunta of nrii The melancholy Pine. 'Its balmy breath la the air, Amid the forest gloom, Th early winds of morning benr Ita delicate perfume. It dewy oder fllla the aenae At evening's alow decline. And night's soft plnloaa linger at 111 Around the fragrant Pine. I lore It it hath been to m An old familiar friead. Aad broadly o'er my native land
Its waving branches bend. And widely thru Ita hallowed soil Its rugged root entwine, And wreathe with every thought of home The well-remember-ed Pine. ,1 love It, for Ita music breathes O'er many a hallowed spot Where lie the loved and lowly dead ,,Who may not be forgot! And when I seek, their holy rest Oh! may this heart recline, . .11 y Southern home, upon thy breast, Fleueath the mourning Ptue. Francis Orray Hicknor.
THE Calumet region in Indiana ha again "delivered the goods," having been caught with the goods on it.
CHICAGO newspaper Bays it is going out after the loan sharks. Please let us know if you get anything.
THE majority of the New Year
resolutions have also been knocked into a cocked hat with a cocktail.
THE gentle zephyrs that blow in
the Carribean sea would be mighty acceptable about this time.
IN" 1911 we devoted S24S, 007,875
to charity. This is not the editorial
we however.
mm
Seventy-Five Per Cent of All Funds Are in Their Hands Says Attorney Who May Head Investigation. -
DOZEN MEN COXTKOL THE NATION'S BANK DEPOSITS, DECLARES NEW YORK EXPERT
HOW LAWYER UNTERMYER PROPOSES TO CLIP THE CLAWS OF THE MONEY TRUST.
THERE IS A HEN ON.
If the democratic party in Lake
County imagines for a moment that it
is going to have all the fun that fol
lows factionalism in politics, It is sad
ly mistaken.
Plans are being cleverly laid by
what is known as the county seat
crowd In the republican party to cap
ture the republican organization body
and breeches, bag and baggage.
The nicest little slate is being fix
ed up for the delectation of the vot
ers and it is being done by the foxiest clique that ever served the dear people. The program as it has been arranged in secret includes the ditching of several republican candidates whose candidacies have been announced for a year or more. These men are to be tossed into the discard by the county
seat crowd with its affiliations that lead into North township that has
been controlling the offices .
If you think there isn't going to be something doing why you're sadly
mistaken. . '
WHAT has become of the old-fash ioned girl whom everybody loved but nobody would marry?
THIS time of the year it ought be a pleasure to give to the poor.
M E ARD BY RUB E
Limit class of securities other than
commerctal"paper t'hat banks may pur
chase.
Prohibit them from becoming syndicate underwriters, as life insurance companies were disqualified from such participation by the art of 1906.
umit proportion ot capital and surplus that may b loaned bankers and brokers on stock exchange securities.
"Less than a dozen men in this city of New York control seventy-five per cent of the deposits of the leading trust companies ana national banks here," lie declared, "and in their allied institutions all over the country." "( ominnnlty of Interest.' "Is there," he was asked, "a real money trust?" - "No definite union of the money pow
ers px sis ne "r.tiT ,av , i
Prohibit every bank from owning rLu; ,i .,, , ' . . I'r . - ' ,,cios-e and well defined community of
interest among the men who dominate the financial destinies of our country
ana wno wieia raoulous powers over
the fortunes of persons other than
themselves through their control of corporate funds, which does Just as
A GREAT STREET.
The locating of the Baldwin loco
motive works at Calumet in East Chicago foreshadows that brilliant fu
ture for Gary's Fifth avenue, the steel city's great east and west
thoroughfare which THE TIMES has always predicted for it. To the east of Broadway it now runs through
Aetna and to Miller. Continuation of it there will bring it through Dune
Yark to Chesterton this summer,
when the old stage coach road is par
ed. WeBt of Broadway the road
now building towards Clark station
and in the direction of Calumet.
In Gary it is the main artery tap
ping the coke ovens, the steel works
and blast furnaces, the sheet and tin
plate mills, the Kirk railway yards
and .shops .the bridge plant, and, be
fore long, the cement mills. Promis
ed Industries such as the American
Locomotive works, the car and
foundry plant, the steel tube works, two great railway yards and shops,
and the wire and steel mills have
their sites along its route.
-'While Broadway will always be
pre-emintmtly the great north and south highway it is Fifth avenue that will be the gate-way to our principal industries.
PEOPLE HATE NOT,
UNDERSTANDING.
Ignorance and hate come and go to
gether. What we are not informed
upon we rarely believe in, and we ac
cept nothing until we have become
familiar with it., except through
superstition and idolatry; and super
stition and idolatry involve not belief
but faith.
We hang men for killing others
only when we do not understand
them. When we understand them we
classify the act; as insanity or selfdefense, and pity both the victim and
the slayer. When we "don't under
stand why he could do such a thing,"
we call it murder.
We despise men as (villaina and
brutes only when what they do is be
neath the understanding of honest
There Is a Brighter Side.
The. cold north winds are blowing.
fresh eggs are 42 a dozen.
The coal bill keeps on growing. And all the water pipes are frozen.
But I am quite happy and now so free. Things are not just as they appear,
For my wife is away In the country And I have a lot of. good lager beer.
HEXNEttT COLDI5QTTLE. CHEEH up. Only fifty more days to
spring! ,
MONEY rales are easier," says news
paper headline. Rates may be so, but the coin is as hard to get as ever.
MY! How h:gh our Indiana Harbor is
turning up her nose.
J. IX II. Another way In which .a
bachelor can keep his feet warm is to
buy one of those $3.98 bed warmers.
PEOPLE" kick when they don't get a
vacation twice a year. Old -Tom Edison is taking his first one in twentytwo years.
Good For Hot Waves Also? Dear Rube: They tell me that one
way to keep warm on these cold nights is to use eiderdown blankets. You only need one, and it' is so fluffy that you
feel like you have nothing on. What
would you advise? LULIX. -
HAZEL XCTT, our household editor.
says that she hasn't tried 'em yet, but that your second sentence ought to indicate that they might ie good in hot weather.
FIVE thousand dollars was paid in
Boston the other day for a rare book.
Come to think about it T. B. Dean re
cently paid that amount for a dandy dictographic treatise.
OXE good thing about the latest
loaning upon the stock of any other
bank or trust company. Further restrict investments of our great life insurance companies by state legislation so as to limit them in the
purchase of bonds that have been continually paying interest for at least five successive years. By all means prevent the enactment of the provision of the pending Aldrich bill, which would permit the establishment of branch banks. Xo person should be permitted directly or througli "dummies" to tie a director of more than one bank or trust company in the same city. AH corporations having securities for
sale be required In the interest of the shareholders to se'.l them In competi
tion in the same way in which the federal and state governments and the municipalities are now required by law to sell their securities. Plac . the issue of securities of interstate railway corporations under the
vuiiirpi oi ine interstate commerce commission and those of industrial corporations under that of an industrial commission, with ample requirements for full publicity as to all security Issues before they are authorized. Xew York, Jan. 12. Samuel Cntermyer, just a plain, untitled Xew York lawyer, is mentioned a's probable chief Inquiaitor in the congresaional Investigation into thealleged "money trust." Untermyer Isn't an individual of na
tion-wide fame. He never has meddled
in politics to any grat extent, and people don't know him very welt
Nevertheless. Inlermyer has -some
ideas on the subject of finance, , , He
isn't abit backward about expressing
them and he does it forcefully, too.
well.
there has been greater concentra
tion of the money power in the past five or ten years througli the control ac
quired by a few men over corporate funds that are deposited under their
direction in our financial institutions than in the entire preceding fifty years. The process of absorption Is likely to continue until a few groups absolutely dominate the entire financial situation
of the country unless some way can be
found to check their march of progress. Trust Brought Tbera Power. "It was through the organization of
the trusts that these bankers secured their power over our industries. With consolidation and the organization of the trusts the banking houses assumed
the direction of the arfairs of the new companies. They formed the combina
tion, put their hall mark upon its securities, marketed thein on the exchanges of the world, and having thus became responsible for the new company they naturally took an active part in Its affairs and assumed control ot its finances wherever they were of suf
ficient importance to attract them. "In that way Xew York City became the financial headquarters of the trusts, and the bankers took charge of the distribution of the patronage involved infthe deposits of the money of the trust among the banks and trust companies. Hundred of Millions Dally. ' It is said that the average Qatly bank balance of the United States Steel com-
i pany is about J75. 000.000; that of the
J ' '
I I I i SI '' 1 I
V
11
tobacco trust is said to be $20.000.000 1 or more, while the average daily balances of deposits' f the many other trusts whose financial headquarters have been transferred, conservatively stated to be many hundreds of millions of dollars. When to this is added the influence of these bankers In designating or directing the depositaries of the funds of the principal railroads of the country into the Institutions controed
by the respective issuing houses. . we begin to get some faint conception of
the sources of their power.
"The stock market and commodity markets of the country are at the mercy of this small body of men who thu control the deposits of these banks and trust companies. They can at will put money rates up and down, make and unmake "bull' markets and 'bear' markets, create and compose panics, preven new enterprises and destroy existing ones by reducing and curtailing credits and in" a thousand ways rule the fortunes and destinies of the business men and smaller financial institutions of th country." .
WHY NOT TELL THE TRUTH?
and pure minds. We ridicule sent!
ments that are either too low or too styles in hign vests is that you can use
, i.iitc Mtiaio nr UP aU your old bow ties as four-in
" hands.
art that seems sleepy ana impossmie.
we would catch one very shortly.
Gary's Xew Sons;.
Oh, Calumet, of you we are quite jeal
ous,
Since you landed your locomotive prize.
But now our labors will be so zealous.
That soon we will make you open your
eyes.
TOT.ri vmi nnl Inner atrn 1 V a f n-a Ji a A
seem so uecuse uu iiul uuuujwuu the Industry itch around here and that
it.
Samuel Johnson said: "I hate that
man. because 1 ao not Know mm: n
I knew him, I would love him."
There Is hardly to be found a
criminal so low that all men hate
him. Those who know him and understand his state of mind may pity,
but do not hate. It follows that
knowledge is the enemy of hatred,
and education the necessary basis of
appreciation and love. To educate
one's self 13 to become superior to the
ignorance that causes hate.
God does not hate men not even
with a perfect hatred; for He under
stands. When we understand, we
love.
From the editorial columns of the
Fort Wayne Journal-Gazette the- fol
lowing article Is clipped: "One does riot have to read between
the lines to appreciate just how strorrg Taber
PLEASE ANSWER THIS! Speaking of conversation, why is it that a railroad corporation in case of a wreck Imrns up its' wreckage instead of giving It to the poor for fuel. Take the case of the Monon accident here a few days ago. 'There was a chance to furnish heat for dozens of families just as the coldest season of the year is coming on and yet, according to the custom, the broken timbers were burned in the open air and were absolutely wasted. This is a matter which should be taken up between railroads and the charitable organizations along their routes. Crawfordsvllle Journal.
Yes but that is not all. Kindly
tell us why railroads burn up millions
of old ties along their right of way
every year and always do it in sum
mer time when the heat isn't needed?
(ire.it neaps or spienam iuel are ruthlessly destroyed, no one Is helped,
passengers on trains are annoyed by
the beat and the smoke and now the
poor are suffering from -want of fuel
HONESTLY can you look into the
future and see In your minds eye a
picture of this region in - o years hence? Why you can't begin- to
Imagine what it will be th"en and you
know it. .
AN IMPORTANT STEP.
The organlaition of a half million
dollar holding company for the pur
pofie of laying out an ideal industrial
action ia Hammond is a project of
GOING to be a terrible year.
Madam Thebes tne Parisian as
trologer In her list of horrible predictions forgot to Mate however that the
Indiana "legislature would meet this
year. -
LONDON writer says that women
after they reach 30 want kisses not
caramels. Just be careful to specify
yorur ages girl3, then you won't need
to tell Clarence what you want.
EAST Chicago merchant who calls
all the married women "Miss" ' and
the single girls "Mrs." knows how to
please the ladies and really oug'at to get the trade.
A HEN that lays eggs In Salina,
Kans. has both spurs and a comb but now crow. If she crowed, he might
be a new sort of a suffragette. .
The CruUe of the Water Wagon. FIFTH day Fair weather for a few
hours permitted Captain Hennery Cold-
bottle and his brave crew to -cruise
down to.Hobart. where thev hone to
give many temperance lectures. Fearful of a storm en route First Mate Hy Ball saw to it that all precautions as to needed stimulants, were on board should any shipwrecked frlendj be
encountered. The wa'er wagon crew left East Oary with many fond" remembrances, for while not very many temperance converts were made, they were royally entertained while there. As the water wagon rolled over the country roads the crew were in an unusually happy frame of mind and Bud Wiser lead the singing. While no provisions were on board, the crew were not hungry, as Captain Coldbottle, before they left Gary, had purchased a number of compressed tea tablets. By eating these the crew were cheered just as much as if they were drinking the tea out of steaming cups. At times Hennery would appear to be sad. and the proofreader Joshed' him about that swell wren in East Gary. Just before nightfall the jolly bunch arrived in Ho-
barc town. Headquarters were established at John Hillman'8 and for the time being the temperance tracts were left at Frailey's livery stable. Tomorrow we shall tell of their strange adventurers in Hobart.
HEADLINKS read "Steal Courthouse
radiator." Then again may be it was
such an infernally cold one that they threw it out the window. "
WOXDER if Mr. Baukus in his hiding
place knows that he has been ex-com
municated. ' TIMES says; "Building operations tied up in Gary." We might -say right here so you. won't blame him that this Is not a case of too much Knotts. ALDF.RMAX CASTLKMAX. who has a game foot, says that he will attend the Gary council meeting if he has to be carried there on stretchers. Xo, let the common pee-pul carry their beloved statesman upon rtieir brawny shoulders.
is the sentiment of the republican rank
and file for Roosevelt for 1912. Taft, La Follette and all the rest or telng forced rapidly irvto the baclis-'ound and it is Roosevelt who returns to first honors on the front page of the newspapers. Jndiana Is no exception to the rule, despite Taft talk. At a straw vote In Lake county, 'Indiana, The Lake Coi'ntt Times of Hammond, gives the
following results: Taft, 281; Roosevelt. 932; Bevertdge, 417, and Li Follette, 398. In Gary, the steel city, th vote was reported as 3 to 1 In favor! of Roosevelt." Xow, that Is all right except that portion of it which is willfully and maliciously altered to give a false impression. From the first page of The Lake Covnty Times the News takes the following tabulation of the votei W. II. Taft 981 Theodore Roosevelt. 923
Albert J. Beveridge . 417 Robert La Follette S98 Charles W. Fairbanks 72 Scattering 76 Non-committal 430
an Indianapolis hospital. TABER ACCISEB AGAIN. That W. H. Taber, former president of the American State Bank, of Terre Haute which was closed following the discovery of a large defalcation, was also short 12,000 in his accounts with a lodge of Odd Fellows, was the statement made yesterday by Charles II Grosjean, who with other trustees has
been going over the books of the lodge.
is secretary of the lodge. The
auditors have not completed their Investigation. CITIES APPEAL FOR COAL Brazil coal operators are receiving appeals for coal - from many cities" that are experiencing famines. Rushvilie and several cities in eastern Indiana that have been depending on natural gas are out of coal. Arcol 111 coal
dealers, who have been out of . coal since last Friday, wire offers of high prices for coal.
DECEMBER DEATH ROLL S21. Mortality statistics for December compiled by Harry Punn. chief clerk of the City Board of Health, show that ere were 321 deaths in Indianapolis s compared with 341 In the corresponding month in 1910. Causes of many of the deaths asreported to the board are as follows: Typhoid fever, 5; diptheria, 8; tuberculosis, 29; cancer, 22; pneumonia, 29; suicide, 4; firearms. 1; burns, 4; accidents, 13, and homicide, 1. Seven of the deaths from accldc -- i cause occurred in the Pres-O-Life -trph For the corresponding met. n M0
the report was as follows: Typhoid Tever, 7; diptheria, 1; tuberculosis, 30; canr cer, 21; pneumonia, 55; suicide, 3; firearms, T; burns, 4; accidents, 6, irl hemicides, 4. EXTEX1 EARCH FOR SLAVERS. The sheriff of every county and the chief of police in every county seat of the United States will receive copies of a circular bearing the pictures and d scrlptlons of Ralph E. Broom and William O. Allison, who are wanted in Marion for the murder of Wade Robinson, the Landesvllle ' storekeeper whom. It Is alleged, they attempted to rob, shooting him when he resisted. A reward of $500 Is offered for the arrest of the bandits, the money having been subscribed by friends of the dead man. A force of several persons is engagel In sending out the circulars.
XO PLACE FOR ELEPHAXTS. With four big elephants coming to Muncie next Sunday to be his "guests," Ray Andrews, manager of a Muncie
vaudeville theater wher the beasts are to appear, is unable to find a lodging
place for the animals. Owners of livery stables turned Andrews down as one man because they said the animals would frighten both horses and tbc livery employes. Garage managers were also afraid of the elephants ani would not consent to house them. Today Andrews will offer a prize for the solution of the problem. He has tried without success to get away from hU contract with the owners of the beasts. "The man in. the comic opera song who
had an elephant on his hands was in
four times better shape than I am right now, said Andrews.
VOICE i THB
P EO PL E
OF
AFFIDAVIT SOT ENOUGH. Editor Tii: 1 Dear Sir: Will you please Insert the following: It seems as if the parents of children who tell their children afte leaving school, at the age of 14 years, that all that is necessary, is to file an affidavit In what ever factory or workshop the child Is to be employed, but J have to say this time has passed.- In the first place the child must procure a (pupils' record) from the school attended, the same record must not be leas than a DA grade, this pupils' record must be filed with the truant officer who issues an age and schooling certificate approved by SupY. of schools so that the employer will have some knowledge that the child is capable ol performing the labor given him or her. Yours truly, I. C. STANFORD, Truant Officer.
CLASSIFIED ADVERTISING will "make" your business enterprise If If Is one that nnxtit to he "maoe." 1 '
Total 3,197 -The artful editor of the Journal-Ga-j zette in order to make his point mere-4
ly subtracted 700 votes from the Tart column. But then, what else could you expect? Fort Wayne Xews. "
Up and Down in INDIANA
NEWSPAPERS may ignore Mr Roosevelt all they see fit, but the com
mon people seem to have lost little
faith In him.
BEGIX TO FIGHT TEST LAW, Arguments in the motion to quash the affidavits against the Monon Con!
Company and Harry C. Boothe of Sullivan for failure to comply with the provisions of the washhouse law began in the .Circuit Court yesterday before Judge Bridwell. The fight is being
pushed by the miners and Prosecutor Rays. The 'operators hold that the law Is unconstitutional. The corporation attorneys are as follows: Hays & Hays
of this city. McXutt & Wallace of Terre Haute, and Henry Moore of Terre Haute, counsel for the Vandalia Coal Company.
FOIXD FREEING O TRACKS. A man, giving his name as Hurley, and saying that he was at the Jones
sugar company of Indianapolis, was
found wandering in the middle of the
track or tne . I.. C & S. railroad ner
WELL, has any one been, around toloreenwood and picked up by a freight
you about investing your tanKicre. yesterday . mornlnir. Ttu mma
did not seem clear, and it was evident
he haa been overcome by the cold. Hi.i
hands and feet were frozen. He was
found near Stop 22, between Greenwood and Franklin, He was taken to
see
dividends? . OXE thing about living at a boarding house IsVthat you get tapped for a dollar to buy a present for every marriage
- J match it makes. - - '. '
Heretof ore unknown
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Sold in 25c packages by all grocers