Richmond Palladium (Daily), Volume 35, Number 60, 7 January 1910 — Page 1

THE EICHMONB PALLADIUM

SUN-TELEGRAM. VOL. XXXV. NO. 60. RICHMOND, IXD., FRIDAY EVENING, JANUARY T, 1910. SINGLE COPY, 2 CENTS.

EXISTENCE OF HOLDING COMPANIES IS THREATENED BY THE PRESIDENT

In His Special Message to Congress Today, the Executive Also Aims at Watering of Corporation Stock and to Insure Complete Control of the Railroads He Demands The Formation of a Court of Commerce Composed of Five Judges, Appeals of Interstate Board Going to Them.

HARD TO DEFINE BETWEEN THE BAD MID GOOD TRUSTS Therefore the President Urges That Corporations Be Operated in Future by Federal Charters. CENTRALIZED POWER IS STRONGLY URGED State Control of Corporations Vigorously Opposed, This Causing, He Contends Many Of the Abuses. (American News Service) Washington, Jan. 7. President Taft today Bent to congress his long delayed message on interstate commerce and anti-trust legislation. In it he strikes at existence of holding companies by which major trusts control their subsidiaries and at watering of corporation stock. To insure more complete control of railroads by government he demands the formation of a court of commerce to comprise five judges, having power to act as a court of appeals from the rulings of the interstate commerce commission. . President Taft dips Into railway employes safety also, urging new features of the liability law. State control of corporations is vigorously attacked: the president charges it with responsibility for many corporation abuses, and he takes a firm stand for centralized power. He demands that railroads be forbidden to control their competitors and would give the inter-state commission sweeping increases in power. Claims a Distinction. Declaring distinction between good and bad trusts to be impossible, the president says emphatically that if the trusts are to be kept within the law new legislation, creating national corporations under charter is largely needed. This, the main provision of the anti-trust section, was announced some time ago as were many of the other terms of the message. Such a move the president points out is not to afford the trusts a refuge, as the Sherman laws repeal is not contemplated. The proposed statute, according to the message, is not to be framed so as to permit the doing of the wrongs which it is the purpose of that (Sherman) law to prevent, but only to foster a continuance and advance of the highest industrial efficiency without permitting industrial abuse." Here are the steps he recommends: His Recommendations. In anti-trust lesislation: Grant a federal charter to combinations and selling inter-state and foreign commerce. Protection from state interference. Prevent stock issues in excess of property values as ascertained by the federal government. Compel complete reports of national corporations to the department of Commerce and Labor at regular intervals. Prevent corporations from acquiring or holding stocks in others except with federal approval; this would do away with holding companies. Interstate Commerce. On inter-state commerce legislation: Establish a court of five judges, to be known as the United States court of commerce . with power to enforce all orders of the interstate commerce commission, other than for the payment of money; to review appeals from the commission's rulings; to handle the cases provided for in the Elkins act and other cases that now go to the circuit court. Prohibit the issuance of capital stock or bonds without previous or simultaneous payment of the issuing company of not less than their par value, or if the issue Is at less than par, of a reasonable market value. Empower the commerce commission to approve the amount of stock and bonds on reorganization, to prevent the issue from being in excess "of the fair value of the property. Prohibit inter-state roads from acquiring capital stock or purchasing or leasing any railroad of any other corporation, which competes with it. Corporations may, if they own when the

act is passed, at least half the capital stock, of a competitor, acquire the rest of it. Right for Shipper. Give the shipper the right to select a through route. Empower the commerce commission to investigate new rates on their announcement, instead of after they go

into effect. Empower the commission to investigate on its own initiative any rate or condition, and to pass on classification of commodities for fixing rates. Compel . carriers to quote rates in writing to shippers on request, with fine as penalty for damage to the shipper, the fine to go to the government. Give the commission the right to compel uniform construction of car appliances, to safeguard employes. Make the inter-state commerce employers' liability act open to easy enforcement, instead of only at the home of the defendant. As to Bad Trusts. In leading up to his recommendations for a federal corporation charter the president, who elsewhere refers to "certain notorious trusts," says: "It is the duty and the purpose of the executive to direct an investigation by the department of justice through the grand jury or otherwise into the history of organization and purposes of all the industrial companies with respect to which there is any reasonable ground for suspicion that they have been organized for a purpose, and are conducting business on a plan whicii is in violation of the anti-trust law. "The work is a heavy one, but it is not beyond the power of the department of justice, if sufficient funds aro furnished, to carry on the investigation and to pay the counsel engaged in the work. Halt to Prosperity. "But such an investigation and possible prosecution of corporations whose prosperity or destruction ui'fcctrf the comfort not only of stockholders, but of millions of wag-earners, employes and associated tradesmen must necessarily lead to disturb the confidence of the business community, to dry up the now Towing sources of capital fiom the places of hoardina;, and produce a halt in our present prosp-:!tv that will cause suffering and strained circumstances among the innocent for the faults of the guilty few. "The question which I wish in this message to bring cisar! to the consideration and dis-; istiion of oor.irross s w!.thcj in order to avoid such a possible business dancer something can not be done by which these business combinations may be offered a means without grea. financial disturbance of changing the character, organization and extent of their business into one with! the lines of the law under federal control and supervision, securing compliance with the anti-trust s.'atute " May Facilitate Change. After outlining the proposed legislation he continues: "In dealing with many of the men who have used the methods condemned l y the statute for the purpose of m.-utUa'ning a profitab'e business vc m;i7 well facilitate r. r-fi in them iri the method of doins business and enable them to bring it back iiito the zone of lawfulness without losing to the country the eo ioniv of niauacennt by which our domesti? tradi eosi cf pi c auc tion has d ? materially lesand in competition with foreign manufacturers our foreign trade has been greatly increased." The plan of a federal eorapnsovy license Instead of optional charter, which has been urged, the message declares unnecessary. Plans for a Court. The president calls for th- appointment of five additional circuit judges, to provide for members of commerce court, whose salarv- will be SlO.oon. The chief justice is griveu the power, according to the vecommodation, to designate the commerce back o the circuit courts when their service? are not needed. The regular session of the proposed court should be heid at tha capital, says the message, but elsswhes if desirable under the circumstances. The commerce court's doc sions will be reviewable only by the supreme court and the message say?: "The commerce court shall be empowered in its discretion to retrain or suspend the operation of an order of the inter-state commerce commission under review, pending the final hearing. A judge of that court might be empowered to allow a stay of the commission's order for a period of not more than sixty days." Refers to Platform. In the message, which covers nine thousand words, there are several references to the republican platform r.t 1908. notably in regard to the platform's pledge to do away with the watering of stocks. The president has some harsh things to say about law-breaking combinations. "The anti-trust law," he says, "wa3

not to interfere with a great volume f capital, which, concentrated under ow management, reduced the cost of production and made its profit thereby, and took, no advantage of its size by methods akin to duiess to stifle competition for it. "The original purpose of many combinations of capital, in this country was not confined to the legitimate and proper object of reducing the cost of production. The history of most trades will show at times a feverish desire to unite by purchase, combine c?r otherwise all the plants in the countsengaged in the manufacture of a par

ticular line of goods. Th. pail, of commerce is strewn with faili-es of such combinations. 'Iher? were enough, however, of such successful combinations to arouse the fears of good, patriotic men as to the result of a continuance of this movement to ward the concentration in tits hands of a few of the absolute control of the prices of all manufactured products. Reviewing the history of the Sher man act, the message says that it "Ap plies to many combinations in actual operation, rendering them unlawful and subject to indictment and re straint." QUEEN OLGA HELD AS TRUE HEROINE She and the King of Greece Display Courage at the Palace Fire. THEY CHANGE SENTIMENT AND THE MOVEMENT. TO FORCE ABDICATION HAS, IT IS GENERALLY BELIEVED, RECEIVED A FIRM SETBACK. (American News Service) Athens, Ga., Jan. 7. Queen Olga today is the heroine of Greece. Her courage, and that of King George, at the Tatol palace fire was so marked that public opinion has swung strongly in favor of the royal family and the conspiracy that has been waged for abdication of the king has received, it is believed, a severe setback. When dawn broke today the Tatoi palace was still smouldering. Investigation .however, showed that the loss will be less than was at first supposed. Led by the King. Scant water and inadequate apparatus handicapped the fire fighters, whom the king himself, led; the flames did the greatest damage in the appartments of the ladies in waiting, and the servants' rooms on the upper floor. When the queen saw that the rooms of her ladies in waiting were doomed she urged firemen on to save trinkets asked for by those in her train. The sailors from the Russian and the British warships in Phalerum Bay today returned from the palace to their ships. It is believed that insurance will cover the loss. Much furniture and state documents, it is said, were saved. AFTER LEGISLATION (American News Service) Washington, Jan. 7. Marine engineers from every section of the United States will be present at the 35th annual convention of the National Marine Engineers' Beneficial Association to be held in this city for five or six days, beginning Jan. 17. Aside from the routine business of the organization, steps will be taken to secure national legislation, which will enchance safety of life and property on board steam vessels, and secure better working conditions for the members of the organization. A PARTIAL REPORT Oscar Jamison, guardian of the interests of heirs of Henry J. Jamison, deceased, has filed partial report in the circuit court in which he shows that of $4S7.76 received by the guardian he has spent a small sum in their interest and is still charged with $460.52. JAIL NOW CLEANED The city jail, for the first time in its history, it is said, is in a perfectly sanitary condition. Arthur Oler, patrol and ambulance driver,, has been working on the interior of the jail for the past three months, scrubbing the floors, which were literally caked with dirt, and removing the filth from every nook and corner of the barred rooms. The bastile presents a different apeparance now and that disagreeable musty; odor is not apparent.

HOME IS FAVORED FOR UNFORIiUIIATE BOOZE FIGHTERS

Rev. D. C. Huntington Plans to Establish Institution Where Cure Can Be Administered Drinkers. PROPER ENVIRONMENT IS WHAT IS NEEDED In a Communication to the Palladium, Well Known Local Divine Clearly Outlines What Plan Is. Believing that on!y proper environment, following a period spent in jail, can in any degree bring about the reformation of men, who, idle while in jail .show a disposition to lead different and better lives, but who fall once more on being liberated, simply because they are thrown with old-time associates, a suggestion comes from the Rev. D. C. Huntington, rector of St. Paul's church, which undoubtedly will be of special interest to many classes of citizens. The Rev. Mr. Huntington more than any other person in the city of Richmond, has studied the conditions and the needs of the men who are habitu ally in the county jail for minor of fences, chiefly for intoxication. He believes that not until some place is provided, where the man leaving jail can be taken, cared for and treated for a certain time will that man likely permanently reform. The rector of St. Paul's also believes that there shuold be sufficient interest taken in the plan he suggests to call forth liberal con tributions that will make it possible for the experiment to be made. His plan as outlined for the Palladium, is as follows: Poor Man's Gold Cure. After a year's work with the Broth erhood and the other ministers of the city, I have come to the conclusion that it is absolutely necessary that a place be provided for liberated prisoners who while in jail, have made up their minds to reform. Environment is a powerful influence for bad as well as for good. And what is needed now is a good environment. As it is now, those only have been rescued who have been received into proper environment. It is true some have been lost from such an invironment, but that was because there was no power to restrain them, no strong masculine decided influence for good. There must be a dominating, cheerful, coercive personality placed over those weak men not to outwit and deceive, but to persuade to the better life. Christianity teaches that no case is a hopeless case, hence the home that should be built, cou'd be used by all. The Business End. Now, briefly, the business end of the proposition is this: First, a place must be given or loaned somewhere on I the outskirts of the city of Richmond, preferably on the car line. If this is a brick or stone structure, whose windows might be protected by iron bars, it would be still better, though this is not necessary. If donated the same would cost nothing. Secondly, the place would have to be furnished very plainly; and no doubt the public would donate sufficient furniture, cooking utensils, etc., with which to make the start. Then the only expense would be the salary of a man to act as superintendent and the salary of a night man: or $50 and $23 per month respectively. This for the first year, must needs come from the benevolent public. The plan then would be for the men coming out of jail, and in fact, any and all men who are anxious to overcome the liquor habit, to take up their residence at the home, and sign over every cent that is coming to them for wages, (which might amount to a good deal.l For instance, one man has already signed over all wages for three months. Every cent, of course, is to be accounted for to the men as often as they require it. Three men contributing their wages would net the home 527 per week; and probably there would be many more than three taking treatment there. What Value Is. It would be worth all they put into it if thev were saved, from a drunkard's grave; " and then again they would have the satisfaction of realizing that they were helping other men who perhaps though physical infirmity were not able to work. Not least important but in fact the most important thing would be the medical attention, which no doubt some of the physicians of the city would be glad to donate for the benefit of the inmates of the institution. The advantage of various kinds of diet, baths, medicine, etc., could be tried in a practical way upon men. who were as much interested in giving some other "down and out" a chance as themselves. In this brief survey of the proposed work, it will be seen that the project is a practical one, and one which is needen right now. The appeal then is made for the donation or loan of a (Continued on Page Five.

Brazil Too Much

Samuel R. Parker, Jr., on the left, and Herbert G. Kincaid, the two American Soldiers of fortune, who returned from Brazil a day or two ago after a remarkable series of adventures. With seven other young men not much more than boys they left the United States in November. 1907, with the avowed intention of overthrowing the government of Brazil. Two of the nine met violent deaths, one died from wounds and imprisonment, the leader Magalli went insane, and the fifth, George Vice of Hackensack, is still in a Brazillian prison. Both Parker and Kincade were thrown into prison and barely escaped being put to death.

AN ELOPING CASE PROMISES TO END IN GREAT RUMPUS Father of the Missing Girl Employs a Lawyer to Discover What Millionaire Buist Can Teil About It. WAITER NOT LOVER OF YOUNG HEIRESS Former, the Father Thinks, Was Employed as a Tool by A Conspirator Kidnapping Is Hinted At (American News Service) New ork, Jan. 7. The attitude assumed by Millionaire Buist in. the hunt for Roberta De Jannon has brought about a family quarrel. The father of Roberta said today at 21 East 21st street, where he is staying, that he was going to retain a lawyer, go to Philadelphia and insist upon finding out just what Buist had learned concerning the whereabouts of his daughter. "From what I have been able to learn of Roberta's absence," said De Jannon, "I am firmly convinced that Roberta did not elope with this wtiter because she had any tender feeling for him, but that she was lured away through a plot on the part of an etiemy of mine, and this enemy is keeping her in hiding. "To explain why I believe it, it will be necessary to go back Into several years. When my wife was alive one of her friends was a musician. This musician was the only enemy I ever had in the world. I despised him and he despised me. We still despise one another. What He Learned. "I have learned enough to convince me that this musician was the man who called at the hotel Bayard in this city and engaged quarters for Roberta and this man Cohan. Why should he do this? Because he would do anything in the world to bring misery upon me. He stood in the way of a reconciliation between me and my wife, although she abhorred him. This musician has been loitering about the Bellevue-Stratford hotel in Philadelphia a week before Roberts disappeared. He was seen here the day before she left. I do not care to give out the man's name at this time. The police are watching him. His (Continued on Page Five)

for These Lads I

COL WILEY GETS THE MAUI TRACK III THE CONTEST He Announces His Candidacy For Republican Chairman And Meredith and Penny Gracefully Retire. CAN HAVE POSITION WITHOUT OPPOSITION He Only Consented to Make Race When He Learned He Would Be Favored by the Two Other Entries. Col. C. E. Wiley, formerly member of the Board of Wayne county com missioners. probably will be chosen chairman of the Wayne county Republican committee by the unanimous vote of the committee when it meets to reorganize later in the month. Col Wiley announced today that he would seek the honor and he onlv con sented when it was assured that neith er H. E. Penny, county clerk, and Linus P. Meredith, county sheriff. had declared their desire to withdraw from the contest in order that there might be no serious conflict within the party in the work of reorganiza tion. Friendly to Both. Col. Wiley, who -was very friendly to both Penny and Meredith, said several days ago that he would not for a minute think of getting into contest with either of them, but he agreed that if both of these men would willingly steD down and out he would announce his candidacy. This ne has done and there is much good feeling all around as a result. Neither Meredith nor Penny had aspired to assume the heavy responsibilities of chairman, each being pressed into the conflict by their friends. It is well admitted that either would have served the party well and that they both are anxious to serve party rather than to satisfy any personal ambitions they might have, is Indicated by the course they have pursued - in leaving the field to CoL Wiley. THE WEATHER. INDIANA AND LOCAI Fair, rising temperature tonight and Saturday.

TINWARE HUNG TO .

FOOR MEMBERS OE FIRE DEPARTMENT Releases Handed to Taylor, Bond, Hartman and Kutter, But No Explanation Offered By the Board. SEVERAL SHIFTS ARE TO BECOME EFFECTIVE Transfers of Fire Fighters Will Be Made January 15, and Move Is Expected to Be of Great Benefit. When the Intard of works met th'fcmorning to consider the applications of members of the fire department and others who desire imsitlons la th department, four of the present mem bers were released and successors selected. The makeup of the different companies was altered in some re spects by the transfer of members. All changes Itecome efefctive Saturday. January 15. The niemttcrs who were not reap . jointed Include; William Taylor, of No. 1: Alliert Bond. August Hartman and Alphonse Kutter. of No. 3. Tho apiointed to take their places are: William Graham. James Habn. William llannim? and Joseph Bats. The toard also officially announced the anpointmcnt of Walter Paulus as assis tant fire chief, to succeed Charles Sinex. who was reduced to the cap taincy of company No. 1. Caue Not Announced. Several days ago the board asked that all firemen who desired to remain on the department, file applications. This was done and with these a number of applications from office Feekers. No announcement was made, or even deemed necessary, by the board as to why the four members were not retained. The shift of members from one company to another will be beneficial for the service, it Is believed. The makeup of the different companies as constituted under the . reorganization, and which becomes ef-. fective January 15 was also annuonced. Walter Paulus. who. as assistant fire chief, is also captain of the hook and ladder company, will have in his charge, George Wilson, driver, Carl Wadman and Frank ' Posther. as laddermen. Carl Wadman was transferred from company No. 4. of which he has been a member of since th resignation of John Doyle, of that company. Charles Sinex. assistant fire chief under the old administration, is to be captain of Company No. 1. Ed Strothaus. a former driver for this company, is again placed in that position. The pipemen include Tom Boyce and Charles Graham, the last named being one of the new men. Carter Is Transferred. Company No. 2, will have as Captain. Frank Carter, who Is transferred from that position on Company No. 1. Rufus Newman is retained as driver, Amos Bell, who was captain, to reduced to pipeman and serves la this capacity with Henry Helmlch. John Clements Is captain of Company No. 3, John Brown Is driver, Phillip Riley and James Hahn are pipemen. Mr. Brown and Mr. P.iley were transferred from Company No. 4. James Hahn is one of the new men. Jerry Miller, who was a member of the hook and ladder company, received the captaincy of Company No. 4, and has in bis charge Albert Griff en. driver. William Hannlng and Joe Bats. Mr. Griffin acted as driver recently and was a ladder man In the hook and ladder department. Both Hannlng and Bats are new men. William Mills, who has been acting as substitute, was not reappointed. The position as substitutes has not been filled and it is probable that it will be several days before the appointment Is conferred, if the board deems such a position neceroary. TO ISSUE MAGAIIIIE C American News Service) Apalachicola. Fla Jan. 7. An Important step in the development of Inland waterways, and one which will have far-reaching effects, is now under consideration by the officers and executive committee of the Mississippi to Atlantic Inland Waterway asaorlation. The plan consists of the publication of a monthly magazine, which will be devoted to the waterway interests of the South and all collateral subjects. It is believed that a magazine of this kind would do more to arouse public interest. In the dep waterways project than' an thing else. A number of the leading members of the association have already expressed their approval of the plan, and hare offered to subscribe for stock In the new publication. If the scheme should go through and prove to be a profitable one, the publication would be made national in Its scope. Instead of being limited to the South.

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