Richmond Palladium (Daily), Volume 38, Number 57, 16 January 1913 — Page 6
PAGE SIX.
THE RICHMOND PALLADIU3I AND SUN-TELEGRAM, THURSD AT, JANUARY 16, 1913.
CONCENTRATION OF : FINANCIAL POWER
Admitted by G. M. Reynolds, Prominent Chicago Banker on Witness Stand.
A REMEDY REQUIRED
A Few Men, Reynolds Said, Can Control Entire U. S. Credit System.
(National News Association) WASHINGTON. Jan. 16. George M. Reynolds, president of the Continental and Commercial bank of Chicago was a witness before the money trust investigating committee today. His bank has a capital of $31,000,000 and total deposits of $181,000,000. A trust company and a savings bank are operated under state laws in connection with the National bank he stated. Mr, Reynolds asserted as his belief that there is a concentration of money power in New York and other cities that in a general way represents a menace to the country. "Excess of power of any kind in the hands of a few men," he said," is a menace. A distribution of power would be better for the masses. In my opinion concentration of credit and wealth already has gone so far as to constitute a menace. I do not meen to say by this that the people now in control have used their power unfairly. The theory of voting trustees in the hands of three men, which prevailed at Guaranty Trust company and Bankers' Trust company. In New York he was declared by Reynolds to be un- ' wise. A speech which Reynolds delivered in 1911 was read to the witness by Mr. Untermeyer. Among the statements therein was one that the money trust was in the hands of a dozen men of whom he (Reynolds) was one. Reynolds explained that he was referring in this speech to the national power to issue credit which was concentrated in a few of the national reserve cities. This explanation was offered also in connection with the extract from his speech asserting that "two or three men in New York and two or three in Chicago and two or three men in St. Louis could control the entire credit in country banks." Mr. Reynolds declared himself in favor of currency extension to end existing evils and said he would take his chances of success under the law of competition.
A Financial Wizard is Sought
01
PICKETT PRAISES LOCAL EXHIBITION
Declares that Birds Are Well Groomed and Properly Attended.
TWO VERDICTS FILED
Coroner Reports on Fox and Milillo Deaths.
MisS Katherine Harrison, who was private secretary to the late H. H. Rodgers, Sr., head of the Standard Oil company. During the closing years of his life it is said Mr. Rodgers entrusted the transaction of his immense personal financial affairs to Miss Harrison, who is known to the men of finance in all section of the country as "The Oracle." Process servers of the Pujo Committee are now searching for Miss Harrison, to summon her to appear before the committee. She is not at her Brooklyn homeand many declare she anticipated this action on the part of the money investigators and made a hasty trip to Europe.
The poultry on exhibition at the
Coliseum under the auspices of the J Greater Richmond Poultry association Is highly Draised by Judge H. A. '
Pickett of Greentown, Indiana today, Judge Pickett stated that the exhibi
tion of Buff Leghorn chickens was i the best exhibion in the state. Other j
stock which received particular praise were the exhibitions of white leghorns and white orpingtons. "The Richmond show is one of the finest exhibitions in the state," said
Judge Pickett. "Fort Wayne and In- i
dianapolis of course had larger shows, but the one in this city is an excellent one. The birds are all well groomed and show the careful attention given them by their owners." Hundreds of the chickens on exhibition apparently realize that they are
the center of attraction. Some of the birds will hold their feet and heads just as placed by their owners and apparently realize thatsthey are on exhibition as they pose, before their admirers before the wire cages. In spite of the inclement weather a large crowd of fanciers attended the exhibition yesterday and today. Cash Beall, secretary of the association says that every indication pointed to the most successful show ever held in this city by the chicken fanciers. Ribbons and other prizes have been distributed' today. The silver cups will not be awarded until the show has been completed.
The verdicts on the death of John Fox and Daniel Milillo were filed today by the coroner. Fox's body was found on the P. C. C. & St. L. tracks, east of Cambridge City on the night of January 6. No witnesses were found who saw Fox meet his death. He had fallen under a passing train. It was not known what train killed him. A bottle of whiskey twenty-five cents and a ring were the only effects found on him. He also had a letter which, showed that he was going to secure work in Ohio and was evidently beating his way there. Milillo met his death accidentally at
tha Rcllano fAiinflrv Triniiapv 19 Vila '
trousers caught in one of the machines, pulling him into the machine
and mutilating his body. His skull was fractured and shoulder blades crushed Milillo was married.
GOVERNOR FAVORS PENAL FARM BILL Informs Commission that the Question of Finances Is Only Hindrance.
HARTZLER SUFFERS PARALYTIC STROKE
William Hartzler, aged 60, a millwright at the Wayne Works, suffered a stroke of paralysis jWhile at work
this morning. A physician was called
and stated that his entire right side is paralyzed. He was removed to his home on Southwest Second street in the city ambulance.
Disgrace is immortal and living even when one thinks it dead. Plautus.
REPLEVIN SUIT The case of the Brown Manley Plow company against Jacob Bayer was dismissed by Judge Fox this morning. The suit was in replevin.
Proposed by Accident. Mr. Spooner, the clergyman who became famous for those humorous misplacements of initial consonants that have become known as "Spoonerisms," is said to have owed his marriage to a characteristic slip of the tongue. He was very shy and would never have had the courage to ask a woman to be his wife, but one afternoon in a friend's drawing room he was requested to ask one of the ladles present to make tea. In doing so he blundered as usual. "Will you take me?" he said, instead of "Will yon make tea?" Blushing, the lady "took him," and thus he "blundered" into a happy marriage.
(National News Association) INDIANAPOLIS, Jan. 16. A recom
meudation for an appropriation of ;
$90,000 for the establishment of a penal farm will be made to the Indiana legislature. Senator Netterville, of Anderson, chairman of the commission, together with Judge J. A. Collins; Amos W.
Butler, secretary of the board of state ;
charities; John L. Rupe. representing! the interests of the Richmond Com-j
mercial Club; Senator Hlbberd of South Bend and former representative
Edwin Corr. railed on Governor Ralston today and outlined the work that has been done by the commission thus far. The bill which the commission recommends provides for not less than 500 acres. It was announced that but a small part of the entire appropriation will be made at this time and the work will extend over a period of two years. Governor Ralston said he was in sympathy with the movement and said that only the question of the fnances interfered. "If it can be started on a basis that will not require too great an outlay I most certainly hope to see the project succeed," said the governor, Mr. But
ler said the success of the project will
solve the prison labor problem.
COMMITTEE REPORT Will Be Made at W. S. I. A. Tomorrow Night. The bridge committee of the West Side Improvement association wit! report at the meeting of the association tomorrow night and discuss with the association hat course the organisation should present to the county council at its meeting on Friday and Saturday. A member of the committee declared this afternoon that it was probable that the committee mould recommend that the Main street bridge be removed to K street and the new bridge be built on a level at Main street. Ail
the grornd from the east end of the bridge to the court house should be leveled, the committee believes. "As the South Side Improvement Association does not want the bridge at L street and called it a pile of junk, we should get the bridge without opposition," said a member of the committee.
BLACKENED BODIES OF MINERS FOUND
The Primer of Love. See the young woman. Is the young woman being suddenly and unexpectedly kissed? Ah, yes! And does the young woman raise a hue and cry? The young woman raises a slight hue, but no cry. St. Louis Post-Dispatch.
The Apple. Scandinavian legends affirm that the apple was the favorite food of the gods. It was one of the first fruits grown by the Romans; it was early introduced into England and brought from there to America. It is easily cultivated, bears fruit farther north than almost any other, and by means of grafting almost 2,000 varieties have been produced. These facts show in part why the apple stands at the head of all fruits. Women's Home Companion.
What They Stole. To Walter Damrosch at the end of one of his concerts at Aeolian hall, in New York, an admirer showed a piece of music that had been palpably plagiarized from one of the numbers in "The t)ovo of Peace." But Mr. Damrosch took the plagiarism with good humor. "They've only stolen a march on me," he said.
Evident. "This car," said the demonstrator, "is almost human. Perhaps you have noticed" "Yes, I have." said Binks dryly- "It reminds me of several men I know been smoking ever since we left the garage, and the last hill we climbed it puffed like a porpoise. Flaven't you something that is less human and more generally satisfactory?" Harpers Weekly. Why She Thought So. "Mamma," said the little girl, "sister doesn't tell the truth." "Why, Jennie," said the mother, "you mustn't say such things." "Well, last night I heard her say, 'Charlie, if you do that again I'll call mamma.' And he did it twice more and she didn't call." Ladles Home Journal.
Strange Youth. Doctor What makes you think the boy Isn't normal? Mother Everything. He was sixteen years old last month and yet he doesn't think he knows more than his father. Philadelphia Record.
The Guest House In Asia Minor. The guest house is a real institution in Asia Minor. It is sometimes owned by an individual, but is usually the common property of the village. To this guest house, like the travelers bungalow In India, every traveler has a right, but as all have the same rights one may have more company than he desires. However, the head man of the village will usually arrange matters for the foreign traveler, and the native guest will often courteously make way for him. In the guest house Is one large room, In one part of which our horses munch their hay, with the drivers lying beside them, while in the other part we spread our rugs and set up our beds and unlimber our cooking apparatus. Some guest houses have two rooms connected by a wide opening, without a door, In one of which the animals and animal drivers sleep and in the other the pampered guests from abroad. Dr. Francis E. Clark in National Magazine.
(National News Association) PEORIA. III., Jan. 16. Rescuers early today brooght from the workings of the Crescent Coal Mine the blackened bodies of William Breen. Edward Jones and Philip Kunnel. victims of a premature explosion. The
men were burned in the gas explosion that followed the detonation of a
dynamite charge they were placing.
Tons of debris were loosened from the gallery roof and it was hours before the rescue party could clear away a passage to the place where the accident occurred. The exact cause ot the explosion could not be determined.
There ! no meScU so sift. ! at (be ssbm inae so pleaeaat to take as Lr. Caldwell's Syr---e,3sin. the positive cure for all diseases ariah jta stamaab traabl The twice is vary re a
A Bad Spill. "Here's a young woman left $505.000 merely for spilling a little sunshine Into an old man's life. "Her experience Is more fortunate than mine. I once spilled a cup ot coffee into an old man's lap and ha cut me out of his will altogether. Louisville Courier-JournaL
Satisfied With Sound. "The man has a wonderful flow of language." said the Impressionable girl"Yes. replied Miss Cayenne. "He is one of the people who would rather talk than be listened to." Washington Btar. She Couldn't See It. Miss Yon earn $50 a month. Before I marry you joaH hare to earn $50 a week. Mister B-but with yon a month vrould seem but a week. New York Globe.
THE WISE MAN
THE WOKE
I II 1 1 cannot answer. Why ex- .IL
THE WISE MAN. THERE lived once a wise man. He had mastered the sad secret of life; that secret filled his heart with terror; its darkness eclipsed the smiles of the world and all the world's joys. With the cold eye of reason he pierced into the secret of the past, and found there darkness; the future was visible to him there also was gloomHe tramped the roads of his native land, he walked through its streets, through its villages, wisely shaking his wise head; and through the discordant noise of life as the notes of a funeral bell rang his gospel "Men! Yc live betwixt darkness and darkness. Ye have sprung from the pit of ignorance; in a pit of ignorance flutter out your lives; an icy pit of ignorance awaits you in the future." The world listened to his sad words, comprehended their bitter truth, and. silently looking in the wise man's face, sighed heavily. And, sending him on his solitary way, it returned to its labors and to its rejoicings; it ate its bread, drank its Joy-giving wine, and, smilingly watching the play of its children, forgot the needs and the sorrows felt by it the day before. Men fought for power and for wealth, listened with rapture to the story of love, caressed those ' they loved with hands dipped in the blood ot neighbors, and kissed their friends with traitorous lips.
They robbed one another, and. en- 9 riched by robbery, fiercely defended
Property; they lied unscrupulously and said that Truth was the ruler of life; and some even believed in the blessed virtue of Truth and suffered for their faith. They loved music, and danced joyously to Its sounds; but, admiring beauty, they suffered hideousness about them, and they did detestable deeds. They enslaved one another, saying they Worshiped freedom ; they despised their slaves, and. secretly, as cunning and cowardly beasts, hated their masters. Desiring better things, they sought them feverishly around themselves. But they failed to create these better things, for they were engrossed in trivial desires for the comforts of life; they exhausted their brains in enmity and falsehood in rude, cunning efforts to satiate their unsleeping greed for the good things of the world. ; Thus. like uncleanly swine, lived these ludicrons men, considering themselves fallen angels. And their life was as a volcano, inexhaustible, exhaling into the pure abyss of heaven the black smoke of groans and sobs, the unclean ashes of suffering and lamentation, the filth of animal desires. But the wise man, picking his way quietly through the vanities of the world, said in his allknowing; voice: - "What is life? Ye -.now not! JVVhat truth? Ye
cannot answer. Why exist ye? That no one can say! That is the root of your misery!" Seeing lovers embraoe, he said sorrowfully: "Death awaits you and your posterity.'' And seeing men build
gurgeous mansions,
-All this la nT aaia- reproaenruuy:
And aiiini ,iT e 10 "estruction--flowri b? if iTT play!n in meadows among -Mv l Md aW to his heart: And tTL ?r See harvest of Death. itZJ. 1. dark sdom of Death, imL their temple, of science the saSontnT618 with h"-lfWn'?" Jf name roar science! For the earth and all Its temples, ail its sciences. Its truths and its falsehoods will perish, and ve will never know the day and hour of your destruction!-
THE WORKERS. BUT once on the outskirts of a noisy town, in a dark, narrow street of filth and beggary in the dark mist breathed by decay, the wise man &w close throng of workers, and to these workers another worker delivered a speech. The wise man was confounded by the attention paid to the speaker; never had men listened to his sermons so avidly. And the sharp needle of jealousy pierced his heart. -Comrades!' said the workman-orator, "we lie In the ooxe of hardship and misery, like stones In a river bed. and above us, like wares, sweeps the life of our masters. We are but steps to them; and upon oar bodies they rise to the height of truth, and thence direct their wisdom against us to enslave also our souls. They know all. we nothing: they live, we have not keown life; they have attained all knowledge, me but fairy tales: the brightness of the world is theirs, we have nothing not even bread to
satisfy oar hanger. They have enslaved as an sated them se Tea. Yet the day Is near when our hunger will overcome their content, for their spirits . are enfeebled, whereas we by virtue of life sxe strong and vitaL We wish to live, we wish to know, we wish to be men. We wish to quench our burning thirst for the wisdom of the earth which Is bnllt upon our patience. We wish all that is to-day. and we wish to create that which is not yet." "Man! said the wise man. smiling indulgently. -Error is the name of thy words. Narrow is the knowledge of man and he cannot know more than is within his power. And is it not all the same to thee whether thou perishest hungry, or sated like those against whom thou turnest the feeble sting of thy wisdom? Is It not the same whether thou lies illiterate In thy grave, or garbest thyself in the cold winding sheet of thy masters learning? Think! All on earth earta Itself will be east into the black pit of oblivion, into the bottomless abyss of death? The workers silently looked Into his eyes, and listened, motionless, to his wise speech. Eut the longer be spoke the fiercer and colder became thelf faces. At last one of them said to a comrade: "Matthew! I have a sore hand give this olj monkey a box on the ear!" That is all. Of course. I agree; they were rather rede, these workingmen. bat that Is not their fault no one had taken the trouble to teaca them better manners. ... - - - -
