Historical Newspapers of South Carolina

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THE WIRELESS FRAUD I i HJ4 <.i LLED Otl OW Mil ION-? Wln h'h? Telegraph sun k Jobbers Cleaned up FI\o to Ten Millions mihi M(h1 Im Practical)) Worthless Although Public Paid $10 to $50 n ?MM New York. June 17.?Following the arrest of the officers of the United Wireless Telegraph Company for using the malls to defraud Chief In? spector Mayer gave out a long formal statement In which he charges that although the company has been run? ning at a loss .the price of Its shares has been advanced by manipulation to fictitious values, and that Individu? al officers of the company have sold out their stock to the general public at a profit estimated in one instance at between five and ten millions, with other Instances In proportion. The complaint on which the war? rants were issued Is drawn under the Federal Criminal Code, on informa? tion of ('arter ft. Keene. a postotflee lnspe< tor. who deposes that "the grounds of his belief are official In? vestigations made by him. Informa? tion obtained by him from the books of the said Unit? I Wir, less Telegraph Company and the Inspection of letters and enevlopt s s. ut by the postofllce establishment of the United States through the United States malls." The specific instance of alleged fraudulent use of the malls Is given In which the mailing of a letter on M ir. h :. l'.o.i, to Michael ODrlen. of Waterbury. Conn. _ s noo slum holders. There are 18.000 shareholders of the company throughout the country." said Inspec tor Mayer in his statement. " many mi whom have placed their savings in the stock of the company through fa!-!?.? representations made by Its officers. "Tra> real assets of the company, consist of land stations, patents, man? ufacturing plants and real estate of sII kinds, appear to be worth at a conservative estimate $400.000. or an actual wurih of two cents a share at par value." Two million shares have been Is? sued at a par value of $10 a share, but the st-" k has rec ently been put up to $50 a share. Thus .argues the Inspector in his statement, "by tak? ing the last amount quoted ($400,000 of actual assets) at $50 a share, the stock is really worth as $4 00.000 is to $1.000.000.000. r $.0004 a share." The inspector says the company was originally in. orporated under the laws of Maine in 1904 as the Amalga? mated Wireless Securities Company, and that It had merely a ^gal ex? istence until it changed Its name In 1906 to Its present title and took over the assets and business of the de? funct American De Forest Wireless Telegraph C.mpatw. which was then running at a loss and in default in Interest on its bonds, exchanging therefor its own securities on a 10 for-1 basis. I .n.d I p sunk or Defunct Firm. At this time, says the statement, "when officers mi the De Forest corn pans u?r- M i t ' ? onnl\ ing to aban? don It lad :?nvc th< stockholders a mass of worthless secvrltles. its stock hid ? - read to an alleged value of $U.r?o t share, or above par. In the st itement issued to the stock? holders i of the Fnih d) there .ap? pear as an asset stocks and bonds in other companies $14.119,610. This refers to the defunct g searing g Ds I'orev; Wireless stock. Yet to til OOS pers n* who ask for exchggejs of De Forest f t Fnited Wlreb ss the ans? wer Is sent out that the I Nj Fore st If abvdutelv worthless. ? Another Item In the statement SOUl out to .tu. khobb rs was put? nts and pat? at rights $5.520.233. The atYalrs of the company were recently audited by a tlrm Sd II? ? Mad sV mutants. Who pia? ed the beast vntnt si all patents st |tg,i I :. Million- of proi?i- isarojsil, "Tin' oMba rs of the ..mpany hftVS sohl |q thi publk tnoSttmndl of shares, claiming all that while they wow hobl i.< the If ??w n .-hares and putting the money received from the public into I he plants ol the company. Qm ?f tr.- ? fleers l* believed t?> have c leaned up $"...?.'>>?.. at *10 a shar an I possibly |1 o.ijmo.ouo, at the ranging pi i> ? -i of and $i#, The ages ? ? ti' ? rs ol K ? r !? gree have pr??: I in >>r port n." ?enn id in b\ Mnssaget or Cnensssnj Wens or the men arrested t - i hail ? Spi .nation to in .!<. . but I s 111 ? i. ? m it as I sn out by C C da Ibra Ith. g as r.ii manage' at th< United, in whleh he > . Tii" ? lloa "f the Federal ahth 11 ties will in no a ly iffed the eomm< i , i hu *?.f the eomtsany. Tie ? broinrh hi - n ens d In building up ? ness In ' h h tht c if ' .. j. I lor.*1 Ifthut m. k mg. vi unst i for tl ? Full. I iSd that fer e\. ra! m-oitl the vo t ?in- .? O p irtment had 1 ? harassing the c eon pa ay 1 ?\ here. "The charge." continued Mr. King, ? is under the general statute regard ing the use of the mails to defraud. TIM real significance of it lies in the allegation that Wilson and Bogart sold stocks which they held and made money by it. Why shouldn't they? The stock was theirs and the) had bought it. Some of it they took for arrean In salary ..\ short time ago they voluntarily returned to the ompany 400.000 shares of their stock with a par value of $4,000,000." Christopher Columbui Wilson, president of the United. Is a financier of the self-made school. He was born in Mississippi in IS 4 5 of Irish detent, and never had more than three months of schooling. He became successively a cotton farmer, a bank? er in Denver, ? miner, and Anally ? promoter of wrleless securities, ib lives at the Waldorf-Astoria when In New York. COMMITTEE* ran CONVENTION or RURAL LSTTOR CARRIERS, ProsjMM ts That There Will he a Large Attendance in Nowborr> at the An? nual Meeting. The state convention of the Rural Letter Carriers Association will he held in Newberry, S. C. on July Id, ith and Ith, The Indications are that the stteadaaee will be large and that the meeting will he an interesting one. Among those to come from outside the State are W*. K. Spilman. of Wash? ington, superintendent of the rural mail service and W. D. Brown, of Washington, editor of the R F. D, News. Mr. Thos. E. Wicker, of Newberry, li president of the association in this State, and he, as well as others, is working hard tO make the convention a success. Hi has appointed the fol? lowing committees to look after spec? ial matters of detail: On printing and advertising?W. O. Peterson, cnatrmanj Thos. c. Chal? mers. Crank P. Devore. On banquet?Frank P. Devore. chairman: Thos. C. Chalmers, Yancy T. Dickert. On badges and decorations?Jno. A. Peterson, chairman: Wm. H. Eddy, Thos. C. Chalmers. On railroad rates?Thos. C. Chal? mers, chairman: Frank P. Devore. Wm. H. Eddy. On reception?Yancy T. Dickert., chairman; Frank P. Devore, W. G. Peterson. On entertainment?Wm. H. Eddy, ehairman: Jno. A. Peterson, Frank P. Devore. At the request of President Wicker, President Hunt of the chamber of commerce will appoint several com? mittees to act In conjunction with those named above?Newberry Ob? server. THE OPEN' DOOR, What the Y. M. C. A. Means to Young Men in a Strange Town or City. > >rte never feels so lonesome as when he is in a large city without acquaint anees and friends. The South and the West are proverbially hospitable. But as we go into the more densely settled portions of our country, open handed hospitality |0 the stranger be eomes rarer. The more closely our fellowmen crowd our elbows, the less social do We become. Tin- young man away from home probably fof the first time ,In the town or city with no friends, is not only lonesome and homo-sick, but very BUS* ?oeptlble to temptation to go wrong. The door of evil swings open easily to his touch, though the doors to the good are largely closed. The Young Men's Christian Association is an ever op. n door of good inlluenee for the young man. stranger or not though he may be. With its attractive social lob? by?its Innocent games and Its warm atmosphere of good fellowship, it Is ? ? r a strong factor for good In any community, The r? llgioui work of the Associa? tion is non-sectarian?virll and sane and appeals to the natural r< ligtous n< ss of men. Last rear II, tea men served In com? mittees in charge of this phase of the work, while 9:1,000 attended Bible classes. The Association Headers have been almost entirely responsible for th i gri it recent mission and chur.h mo\. menl I of men. Bumter should have s Young Men's Christian Association to help her boys j end men rcalhs their highest Ideals f ma nh< m>d. _,_ i t'cvaie of Ointments for Catarrh Thai < imtnln Men m y. mercury will surely destroy the ; e< a e of imell and completely derange the whole system v. ben entering it through Ihe mucous surfaei ?, Buch I art leb should never be used except [ on i i' ? rlptlona front r< putnhle physi? cian n ! be d image ? hey s III do la ten fold 1 ? the good you can possibly d i i e fr ?m them, Hail s i 'atarrb Cure, manufactured hj c. J, Cheney A I o T le lo. O ? tains no mercury. I and I ? i ? lly, acting dlr< et - j ly upon ? ? i>|ood and mucous sur* ' ? - ? f U ? system, In buying Hall's Catarrh Cure be sure you get the gen It la taken inte* nally an i m ide In i ? ? l< Ohio, by !'. J. Cheney a I Co. Testimonials fa ?. gold I Druggists Price 75c per I bottle Take H ill's Famllj Pllfa foi eon rtlpatlon, I i dm, 81. JOSEPH'S COMMENCEMEHT A VERY SUCCESSFUL YEAR Jl ST CLOSED. Exercises In the Opera House Wort? Largely Attended?Rev. Father Budda, in tlic Absence of Uic Bish? op, Makes Address?Auartl of Dip? lomas ami Medals. The forty-seventh annual com? mencement of St. Joseph's Academy was held on Thursday night in the Academy of Music Tl e building was well filled with the friends and rela? tives of the young ladies who were taking part In the exercises. An elaborate programme was car? ried out which was greatly enjoyed by all who attended. The address was delivered by Rev. J. D. Budds, of Charleston. His subject was educa? tion and was handled in a masterly and eloquent manner. The following programme was ren? dered: Greeting chorus?By the vocal ( lass; piano. Miss Sallie Wannamaker. Salutatory?Miss Agnes Ryan. Instrumental trio?"The Village Band"?Meyer. Misses Klma Dove. Gertrude Dwyer and Helen Thomp? son. Motion long?Woodnymph's Call" ? By the puplla In the primary dais? es; piano, Miss Irene Home. Instrumental Duet?Misses Elisa Hollyfleld and Etta McManus. Award of Bishop Xorthrop's medal for deportment to Miss Zenda Polk. Award of gold medal. Donated by Rev, ('has. D, Wood for the roll of honor to Miss Mabel Browne. Award of gold medal for attend? ance? Donated by the Very Rev. Mgr. A. J. McNeal for perfect attendance to Miss Mary Rehre. Award of examination premiums to M'sses Augusts Ryan and Eulena E ans. Bequldella?Hoist, by the juvenile orchestra; piano. Josephene Belling? er, Evelyn Richardson and Vivian Dwyer; Tamhorines, triangles and castlnetl?twelve little girls. Cymbol drill by the physical culture class; piano, Miss Josepha Pinckney. Chorus?"Voice of the Woods"? Watson?By the vocal class. Piano Solo? "La Chasse Au'Lion' ? Kollog?Miss Augusta Ryan. Examination premium awarded to Miss Gertrude Dwyer, of Class A. Examination premium awarded to Miss Mary Behre, of Class B. Composition and letter writing special premium was won by Miss Kate Jenkins. Instrumental duet?"Golden Spray" ?Drumheller?Misses Elila Holly field and Annie Simmons. Miss Lillian Blitch wo the special premium for elocution and physical culture. "Hhe Geisha Dance" and Chorus, "Little Maids of Japan"?By the young ladies in the elocution class; piano, Miss Josephine Bellinger. Miss Harriet Saunders was awarded the examination premium in Class A. junior department. i The examination premium in Class B. was awarded to Miss Jessie Ander son, Miss Emily McKain won honor? able mention. Instrumental trio?"Overture to Era Dlavolo"?t'zerney?Misses J ?? Bepha Pinckney, Rosa Lee Evans and Gertrude Dwyer, Musical Recitation?"Nearer My God to Thee"?Miss Irene Home; piano. Miss Rosa Lee Evans. Piano B< do?"Eldorado"?Bart less -Miss Lillian Blitch. Miss Josephine Bellinger won the examination prize in Class A. primary department. Miss Mary Lee Diggs won the prize in Class ik and Miss Nellie Zelgler in Class C. Premiums were awarded in the kin? dergarten department to Rush Atkin? son, Ruby Browning, Clcmmic Chaivl ler, Claudle Behre. Josephine Adams. Lottie Brabham, Marie James, Car? olina Adams. Eva Humbert, May Mill lean, Rosalie Ergle, Lillian Ergle. Archie Dutton, Vivian Weldon, and Eugene Moses. Pantomlmt? "Sandalphone" ? Longfellow?By the young ladles in the class of e\; r> sslon. ^| Special premiums lor improvement in music were awarded Misses Jo? sepha Pinckney, Annie Simmons, Jo? sephine Bellinger and Louise Thomp? son. Award oi sped \i prt mlum in household Industry to Miss Etta Mc? Manus. Sacred song?-"Now the Day is i iv ?By the vocal class. Valedl tory- Mi. i Lillian Blitch. Address bj lb v, .1. I'. I ludds. A gold medal was awarded Miss I Joseph? Plnekn? for having attained tin' highest averag< in the icademlc ' d< pari men! .tie nictla I being don tted j i v lit. Itev. .1. .1 Monaghan. i Examination pi ? ml '-n a v. urdt d lo I Mi :s Joseph i I'n km In the under* graduate . ' .-? . ^ gold medal, tl mat i l ? r. \. j, T. I a\? arde I to Miss Lillian llllb h M i h < lertrude I ??... v. r. won by Miss Augusta Ryan. A gold modal donated by Mr. Neill O'Donnel for the Boarders' Roll of Honor was won by Miss Kate Jen? kins. The graduates are Misses Gertrude Dwyer, Louise Thames, Pauline Du Rant, Irene Home, Bessie Frierson. During the past year the follow? ing young ladies finished the business course and were awarded certificates: Stenography and typewriting: Miss? es Esther V. Gentry, Vivian C. Le noir, Bridget C. Gallagher, Xonie V. Commander, Kulena Evans, Fannie C. Davis, Cornelia M. Kingman, Hattie L. Forte, Mae E. Lee, Aline L. Brad ham, Kathleen M. Murray, Inez C. Bethea and Lula M. Burgess. Double entry bookkeeping: Misses Esther Broadway, Xonie V. Comman? der and Annie Simmons. ?Foley's Kidney Remedy may be given to children with admirable re? sults. It does away with bed wetting, and is also recommended for use after measles and scarlet fever. Si bert's Drug Store. The South Carolina Epworth League Conference is in session In Xewl >erry. ?"It cured me," or "It saved the life of my child," are the expressions you hear every day about Chamber? lain's Colic, Cholera and Diarrhoea Remedy. This is true the world over where this valuable remedy has boon Introduced. Xo other medicine in use for diarrhoea or bowel complaints has received such general approval. The secret of the success of Chamberlain's Colic, Cholera and Diarrhoea Remedy Is that It cures. Sold by W, W. Sibert. Perhaps it would not be quite so funny wa re Mr. Henry Thurston Peek not such a la nevolent-looklng old gen? tleman.?Washington Herald. Scared Into Sound Health. ?Mr. B. F. Kelley, Springfield. 111., writes: "A year ago I began to be troubled with my kidneys and blad? der, which grew worse until I be? came alarmed at my condition. I suf? fered also with dull heavy headaches and the action of my bladder was an? noying and painful. I read of Foley Kidney Pills and after taking them a few weeks the headaches licit me, the action of my bladder was again normal, and I was free of all distress." Sibert's Drug Store. We do venture the prediction, how? ever, that Congress will adjurn be? fore the Pullman Company reduces its upper-berth rate.?Washington Herald. * A Woman's Great Idea, is how to make herself attractive. But, without health, it is hard for her to be lovely in face, form or tem? per. A weak sickly woman will be nervous and irritable. Constipation and Kidney poisons show in pimples, blotches, skin eruptions and a wretch? ed complexion. But Electric Bitters always prove a godsend to women who want health, beauty and friends. They regulate Stomach, Liver and Kidneys, purify the blood; give strong nerves, bright eyes, pure breath, smooth, velvety skin, lovely complex? ion, good health. Try them. 50c. at Sibert's Drug Store. Israel Gadsden, colored, was com? mitted to jail at Columbia for rob? bing the United States mails. DON T EX PERI M EXT. You Will Make Xo Mistake if You Follow This Sumter Citizens Ad \ ice. Xever neglect your kidneys. If you have pain in the back, uri? nary disorders, dizziness and nervous n< BS, it's time to act and no time to experiment. These are all symptoms of kidney trouble, and you should seek a remedy which is known to cure the kidneys. 1 ?oan's Kidney Pills is the remedy to use. No need to experlmnt. it has cured many stubborn cases In Sumter, Follow the advice ol a Sumter citizen and be cured yourself. F.. \v. Vogel, S. Main St., Sumter. S. C, says: "i had severe pains in the small of my back for several years and when? ever I attempted to stoop, my suffer? ing was intensified. My back became weak and on several occasions I was forced to give up my work. My fami? ly physician treated me without giving mo any relief from the awful pains in my back and then I trkd every known remedy on the market but still failed to be benefited. I at length read a testimonial regarding Loan's Kidney Pills and was so much im? press- d that ! procured a box at China's Drug Store, After taking the contents 1 was restored to good health and for that reason heartily recommend Doan's Kidney Pills." For sal" by all dealers. Price f>0 cents. Foster-Milburn Co., Buffalo, New Y/ork, sole agents for the United I States. Uemembrr the name?-Doan's?and take no other. Xo. 21. Kidney Pills What They Will Do for You They will euro your backache, strengthen your kidneys, cor? rect urinary irregularities, build up the worn out tissues, and eliminate the excess uric acid that causes rheumatism. Pre? vent Bright'a Disease and Dia bates, and restore health and Strength. Refuse substitutes* IV. \\. SI BEUT. clemson agricultural col l 1 :<. i: i: x \ mi n atio xs. The examination tor the award of scholarships in Clemson Agricultural College will be held in the County Court House on Friday, July 8th, at ? a. m. Applicants must MM cut prop? er forms, to be secured from the County Superintendent of Education, before they *will be allowed t > .stand the examinations. For detailed in? formation, apply to the Superintend? ent of Education, or to li:c President j of Clemson College. Applicants for admission to the College, but not seeking for the scholarships, will also stand entrance examinations at the court house- July 8th. The scholarship! are worth ?100 and free +uition. The next session of the college opens Sept. 14th, 1910. COST AXD COURSES OF STUDY. Agriculture. Agriculture and Chemistry. Agriculture and Animal in The Conservation of Nature's Resour? ces. 'Applies as well to our physical state as to material things. C. J. Bud long, Washington, R. I. realized his condition, and took warning before it was too late. He says: "I suffered severely from kidney trouble, the dls case being hereditary in our family. 1 have taken four bottles of Foley's Kidney Remedy, and now consider myself thoroughly cured. This should be a warning to all not to neglect tak? ing Foley's Kidney Remedy until it is too late." Sibert's Drug Store. (1) (2) (3) d us try. (4) (5) (6) Chemistry and Geology Civil Engineering. Mechanical and Electrical En? gineering. (7) Textile Industry. Cost per session, including Board, Laundry, Heat, Eight, Uniform and all fees, $118.70. Books and all other miscellaneous supplies, about $20.(at. For studentswho pay tuition, $10.00 additional. For catal? g and information, apply to W. M. R1GGS, Acting President. 23-ltaw f. & TV. Life is a campaign, not a battle, and has its defeats as well as its vie ories.?Donn Piatt. Satisfaction Guaranteed We aim to hold our trade, not j alone by the most reasonable I prices and square dealing, but by j ensuring your satisfaction with : every piece of furniture bought of I us. FURNITURE To suit every home?for decora ; tive purposes and fur every-day hard usage. ! Shop here. Witherspoon Bros. Furniture Co. ELEGANCE AND COMFORT. are features of our Buggies. They have all the style, all the beauty of trimming and the comfort as well. The comfort is both mental and bodily. You can sit back at your ease r,nd feel confident that no one has a finer looking buggy than yours. Come and see such a buggy. Our prices won't scare you, but will make you wonder how such vehicles can be made for so little money. THE S. M. PIERSON CO. MONEY LOANED ON REAL ESTATE LONG 1 EASY P/ - Reliable Repress The Jackson Loan and Trust Company, Fort Worth, Texas, and Jackson, Miss. HEED OUR DAN BER SIGNAL! Stop putting your funds in stocks and bonds, banks etc. wbere they are at the mercy practically of the management of the company or institution. Tut your funds where they will earn asebstaatlal return with absolute safety, viz : cht room dwelling, all modern con? veniences, good bam snd stable. No -.'ti s Main St.. Lot 50by306,8room dwelling, all modern conveniences. This is Main Street Property and very ciose In. No. 331 W. Hampton Ave., nice six room dwelling, No. >> Morl Ii Salem AveM nice six room cot tairc We have some very choice country property for sale, that is worth invest! gating, would be plessed to show you any or all. for prices and terms, app'y to SUMTER REAL ESTATE 8 INSURANCE CO., Farmers' Bank & Trust Co. Bldg. Sumter, S. C, ? ? - - ^^fl5\tfrsgSrzgBTgs ^ \ - j c?frV;o <ffiT%> orsj qcj q Headquarters ay, Grain, Rice Flour, Ship Stuff, Mixed Cow Feed and Chicken Feed, -? We Sell -?-? : m |g? Lime, Cement, Shingles, Laths, Fire; Brick, Acme Wall Plast v r, 1 >rain Pipe, Etc. Our usual assortment of Morses and Mules. And I hor M * t full stock >f Buggies, Wagonsand Harness to select *8 from. f Booth-Harbv Live Stock Co. Sumter, - - - South Carolina.