The watchman and southron. (Sumter, S.C.) 1881-1930, March 05, 1913, Image 1
Consolidated Au*. 3. 1881. SUMTER, S. C, WEDNESDAY. MARCH 5. 1913.
THE TK?E SOUTHRON. l.-tahlWi.xl June. iu.
Vol. XXXVI. No. 3.
i MAJORITY FINDS MONEY TRUST
PI JO COM.MITT KM I'll.IS '. II UM
IU !?< >lt IS WITH IIOI SF..
AH m<nto<*-atle Member* Declare
'Moiiv> Tru??t" iUn^, r.xNt Hint Sll-4
g*"wt K'mrillAl Ix violation?Thrcx*
Kepuhlb ana Hmy Probe Only
"lH*4loM4it Hangcrou* Concentra?
tion of Credit."
k
Washington. Feb. 28.?Three di?
vergent reports were presented to the
House today by the members of the
committee which conducted the "Mon?
ey Trust" investigation.
The majority report, signed bg
Chairman Pu o and the six o'.hcr
Deiters*.!0 'nembers of the commit?
tee, found itu&t a money trust exists,
according to their understanding of
the term.
Two bills accompanied the report,
60S forbidding the use of the mails to
stock exchanges which fail to observe
prescribed stringent regulations as t ?
the Conduct of their business, and the
other prescribing rigid rules for the
conduct of national banks, their offi?
cers an \ Clearing House Associations
to which ihey belong.
The first minority report, signed by
Representative Hayes, of Callforniu;
Heald. of Delaware, and Guernsey, of
Maine. Republicans, set forth that the
investigation "has not disclosed th?
existence of any so-called 'Money
Trust," " but added "It has, however,
disclosed a dangerous concentration
of credit in New York City and to
some extent in Lioston and Chicago."
"While agreeing substantially with
^ the majority." suld the report, "on
m many of the abuses to be Included
In the financial system, the Stock E\?
change and the Clearing House As?
sociations, the undersigned, hive j
doubts aa to the wisdom of some of ,
the remedies proposed by the ma*
f Jority."
^ This report further sets forth the
belief that before definitely recom
meadlng sny remedial legislation,
testimony should be taken covering
snore fully the effect of the various
changes in the laws that have been
suggested.
| "It Is manifestly important," the re- j
port concluded, "that any of the pro?
posed legislation oaa be considered by
this Congress snd It seems to us wise
to leave the matter of recommending
complete remedial legislation to Usttss
*ho wiil be charged with the respon
| mbihty of formuiatPtg aatl reporting
such legislation to Congress. '
An Individual minority report filed
by Representative McMorran, of
Michigan. Republican, was a flat, de?
tailed disagreement with the recom?
mendations snd findings of the mi
* jority
"While I believe that attention i *
been celled to grave deflclences in
our financial laws, I also believe that
a sinister light has bo?n thrown over
banking practices which wus not Jus?
tified by the facts, that no effort has
I been made to show the reasonable
snd commendable explanations of
these practices and that in many case*,
an Impression has be?n given to t ?
country ss to the Aaracter and mo?
tives of leading bankers which is al?
together unfair," said Representative
I McMorran la hie report.
Mr. McMorran declared the propos?
ed scheme for regulating stock ex?
changes "drastic and unwarrant
and that there was "na real evil" in
interlocking directorate*.
The report, signed by Chair.SAO
^ Pujo and the six Democrats sgegv
* Oers of the sub-comrnlttee, Whl n
coducted the Mogsff Trust probe, is
a voluminous document accompanied
by two lengthy bills, one to regulato
stock exchange* by forbidding tti *
snails to exchange* winch do not SOW
i ply with Federal regulations, antl the
other to regulate clearing house as?
sociations by forbidding nation* I
banks to join such associations agkosJ
Federal regulations aro observed. In
the latter tall, proposed as an SjSBjOfl 1
ment to the National Ranking Act,
m the ci.ndu? t of national bank OtsV
V cers and dire, t-.r^ n r. .^trlcted cl ?: ??
ly.
The report, as BSjfcSSdjitod to IhO
House, i* largely the work of Suinid
Untermyer. counsel for the a mmll
tee, who compose*! the orlglna. i'raC
a of the report and who drew the bills
presented <?n the ipewtion of ih<
|sjggsjgg of * ssjosjoy triMt the report
is specific und detailed.
"It wotdd. of < our be :|), e , I "
Hild lh< r? p'Tt. ? ?.i ? igtest tbi'
trol of the bilk of the widely dlS
gfggsjlod wealth of a great nation i n
be corralb d by any got of men If
that Is SJsml M no in' bv gentlet
wl ? denv th- SSsStSfgX of a no te \
tru-t. your oosasntttee asjfoi - with
them. 8u? h a thing, of course wal I
be Impossible ggjd Its suggestion H
JOHN D. BEAT ANDY.
?TORY .OF BATTLE OF FINAN?
CIAL GIANTS,
< aiiny Scotchman Yloluted Agree
mt'iil and Was Suing in C'onsc
qticncv, According to Witness.
-
New York, Feb. 2S.?John. 1 >. ;
Rockefeller and Andrew Carnegie
fought each other In the late '90s to I
monopolize the Luk? Superior ore
lands and Mr. Rockefeller caught Mr. i
Carnegie's company violating an 1
agreement and forced it to give up
ore prospects containing 75,000,000
1 tons, according to testimony at the
I heat ings to dissolve the United States
I Steel corporation under the Sher
(tnpn anti-tru^t law, resumed here to?
day.
James Gayley, former vice presi?
dent of the corporation and a direc
' tor of the Carnegie Steel company
! previous to its acquisition by the cor?
poration in 1901, was the witness
I through whom the testimony was ad
I duced. Mr. Gayley's memory had to
! be frequently "refreshed" by refer?
ences to minutes of the Carnegie
company. He told of Mr. Rockefeller's
having been pictureu as a "scare
crow of the steel industry" because of
i "his control of vast iron ore properties
' in the Lake Superior district. Hs
I testified also to efforts of the Carne
I gte company to obtaining new prop
I ertles in the district as the result of
1 reports that Mr. Rockefeller had pro?
posed to join with the Federal Steel
company, the Carnegie's big rival, to
"control the manufacture of steel the
same as he does oil."
Mr. Gayley described ore properties
acquired by the Carnegie company
I during the period when the alleged
1 competition between the Interests was
1 on From the minutea of the. Carne?
gie company, read into evidence by
1 counsel for the government, it ap?
pears that the Consolidated Iron
Mines company, controlled by Mr
Rockefeller, made an agreement with
the Minnesota Iron compsny whereby
the latter company was to purchase
no more iron mines, leasing its mines
from the Consolidated. A similar
agreement was made between the Con
! sol Ida ted and the Carnegie company.
It then developed, according to Mr.
i Oayley's testimony, that the Carnegie
company in 1900 purchased proper?
ties containing 75.000,0SO tons of ore,
This, mild the witnews, resulted in
a meeting In New York between him
J self and another official of the Car
? nefrie company and John D. Rocke
I
feller, Jr., and tho Rev. Frederick T.
Gates, .Mr. Rockefeller's ore agent.
"Did Mr. Gates demand of the
otiver Mining company that ther-*
1 nhc uld be turned over to the Consol?
idated company without condition 75,
000,0110 tons of ore acquired by the
Oliver Iron company in oontraven
tion of the agreement between the
two companies " asked Jacob If,
Dickinson, attorney for tho govern?
ment.
"Mr. Gates did make ?, demand at
the time but we explained that nndei
the agreement Mr. Rockefeller was
n??t supplying us with all the ore lands
w e needed."
"Did your contention prevail?"
"Well, we turned the properties
over to them, which may be con?
strued as an admission that their
claim was correct," Bin Sod Mr. Gayley.
"They agreed to make a new deal,
however, under which we were to r> -
1 Delve larger tonnage.v"
SCORE I.ost IN HOTEL HUE.
ResjrJBhsf of HoMeiry Hn>ing Been
liurniil, Names of Many Victim*
win i:<an.no Unknown.
Osjinha, Neb,, Feb. i:s?Fire early
this mornmg destroyed the Dewey ho?
tel at Thirteenth and Furnam streets,
ut least a score and DOSntMy more
persons losing their lives.
Tim legfcrti r of the hostelry was
burned, und the names of many of
Ihoas who died in the flames probably
never will be known. Tonight only
t.air bodies bad be. n recovered.
Th< ? were ol persons who either
'jumped from windows or who dl< I
from injuries
ridiculous It is got, however, in ?
enry thai a group of men shall di?
rectly control tin- small savlm
the bnnki nor I he c ittert d ret ourcc*
,,f the country in ord< r t<? monopolise
the great Bnnnolnl transactions or in
i th* to dS t?te the t redlts thnt shall
, v r. ,,,|. ,i or w itht* Id from I he
n ore Important and conspicuous i n
Irrpi h ? This b substantially what
i i,,. n a< ? ompllshed snd fairly
reprt ? td. tin i listing condition.
REBELS RECO? HUERTA.
PEACE CON KEREN CE AT N17EVA
LARFJM) PROVES VERY
SUCCESSFUL.
Col. Ocosco Declare* That the Res?
toration of Tranquillty for the
Troubled Mexican Republic is Mat
tor Of Only a Short While.
Laredo, Texas, Peb, 28.?The Huor
ta government was unequivocally rec?
ognise d today at the peace conference
at Nuevo Laredo by representatives
Of the northern revolutionary leaders. |
This information was given out to
night by Col. Pascual Orozco, Sr., |
father of the rebel chieftain of the j
northern States. Col. Orozco express?
ed the opinion that peace throughout
Mexico in now a question of but a
short time.
conditions worse IN sonora. I
However. Authorities Hope No Re?
sort to Anns Will be Needed to Re?
store Quiet.
MoxlOO City, Feb. 2S.?Conditions
in the Statt of Sonora, where the au- J
thorities have refused to adhere to
the new administration, were admit?
ted at the national capital tonight to
be serious. It was thought, however,
no resort to arms would be needed to
bring the ? ecalcitrants into line.
The problem at Aguas Calientes,
capital of rhe State of the same name,
where a battle was imminent, was
solved without a fight. Alberto
Feuntes, the governor of the State,
who had fortified himself in the pal
000 and defied Gen. Hidalgo to re?
move him, surrendered at the last
moment today, and Hidalgo took
charge of the State government. This
gives the provisional government one
more State, and materially strength?
ens its position.
Former Qov, Maytorena of the
State of Sonora is admitted to be in
possesion of Agua Prieta, Nascosari
and Fronteras, along the international
border, and QOV, Ignacla Rosquiera,
his successor and personal friend, has
fortified himself in the government
palace at Hermoxlllo and surrounded
the building with artillery. To sup?
press the rebellion the government's
only available force are a few regu?
lars at Turin, hut probably reinforce?
ments will be gent from Guadalajara
to M an/.anillo Mid dispatched form
there by boat to the disturbed re?
gion.
The investigation hy court officials
to determine rospon?ibllty for the
killing of Madero and Suarez resulted
today in the arest of Mariano Luque,
a commonplace politician, who is
charged with being one of the attack?
ing party.
President HUOrta believe the dan?
ger of int ?rventlon has diev! out.
'The friendly powers have shown
OOnfldonce in us," said the president
today, "and have expressed that con?
fidence to their representatives in this
capital."
That Huerta does not underesti
: late the task he has undertaken is
indicated by a statement he mad*'
When Madero was overthrown, that
there were in the country no less
than 50,000 rebels under arms, with?
out counting the numerous groups of
bandits, whose number he said could
not be estimated. Many of the
bandits and rebels, the president ad
milted today, still are operating in
Morelos, Mexico, Duranga, Puebla and
< 'hlhuahua.
"l repeat." said President Huerta
"that k'"inn about pacification >f
the country, which at this time is a
supreme necessity, 1 shall use all the
measures provided by law. it will be
absolutely nec ssary to use that power
granted under the suspension of the
guarantees in certain places."
AHMiMsTi; VTION FEELS STRONG?
ER.
Show* lt^ Confidence in Stability of
llacrta Government for the Presi?
dency.
Washington, Feb. 28, The admin?
istration mi two ways today evidenced
lU belief In ihe stability of the Huer?
ta government of Mexico, for the
present at least,
in the first place, orders were sent
to tin- military commanders from
California, to Texas to release ail ol
the Mexl< ?'i r< fugees whom they had
captured on the American side of the
bio Thl v. ig done because these
|?rl "let who are few in number,
can no long* r be i egard< d as r< bei j
in view ol the successful revolution In
Mi > i ??.
In thi ? ?nd pla< e, a ? aft < ondu< t
wn inted to t 'ol de la I *u< nto nnd
the m< ml of his party, now soup
where In th vlelnltj of Junrcx, to pro?
ceed to San Antonio, where an Impor
FOR TWO BATTLESHIPS.
SENATE AMENDS AND PASSES
NAVAL MONEY HILL.
Despite Previous Action of House,
Senate insists Upon Two Now
Drendunnghta for Navy ? House
May Refuse to Recede from its
One-Battleahlp Position.
Washinton, Feb. 28.?Two battle?
ships wer.? voted into the naval ap?
propriation bill by the Senate tonight,
after a short discussion of the provis?
ion adopted by the House limiting the
building programme to one battle?
ship.
The two battleship amendment, of?
fered by the naval committee of the
Senate, was adopted, 56 to 10. An
amendment introduced by Senator
Brandegee providing for three ships
was defeated, 21 to 48.
The Senate also added to the six
torpedo boat destroyers and four sub?
marines, authorized by the House, one
transport to cost not more than $1,
S50.000, and one supply ship to cost
not more than $1,425,000, the figures
in both cases being exclusive of armor
and armament. The two battleships
would cost not more than $7,425,000
each, exclusive of armor and arma?
ment.
tant conference was held between the
Mexican factions in the interest of the
general peace.
The confirmation cf the nrst reports
of the killing of Eriilio Madero, the
third of the family to pay the extreme
penalty, is regarded as announcing a
step toward peace, removing as it
does a resourceful and implacable
rebel leader.
From various quarters came re?
ports of the adhesion of rebel chiefs
to the new government. Checo Cam?
pos, one of Orozco's ablest lieuten?
ants, with 700 former rebels today
entered Gomez Pallco in accord with
and escorted by federal troops. Con?
sul Ham telegraphed from Durango
that the local situation is vastly Im?
proved, that the new administration is
very popular with the better clasess,
who though heretofore holding aloof
from Polities now Tiave determined to
cooperate with the provisional gOVSl n
ment to restore order.
Though the six warships now in
Mexican ports will continue there
for the present the tension has so re?
laxed that Admiral Badger today was
authorised to resume the routine
drills and manuevers with the big
fleet off Guantanomo which for the
last week has been kept under bank?
ed fires in readiness for instant de?
parture for Mexico.
The announcement of the candidacy
of Gen. Felix Diaz for the presidency,
though expected, has excited some In?
terest here, as it is felt that the de?
velopment of his campaign wdll speed?
ily disclose the existence of any rival
candidates and apply the acid test to
the existing friendly compact be?
tween him and Huerta.
DIAZ SENDS CONGRATULATIONS.
Former President <>f Republic Be?
speaks Success and Prosperity for
Huerta.
Mexico City, Feb. 28.?Gen. Porflrio
Dias, the exiled president of Mexico,
today sent the following message to
President Huerta from Hinia, Egypt.
"The courtesy which you have
shown me in my divorcement from
public life is of inestimable satisfac?
tion to me, and even more so the del?
icate manner and the kindly words in
which you have been pleased to ad?
vise me of your elevation to the pres?
idency ad Interim of Mexico.
"Accept this as an assurance of my
deepest gratitude and as a hope that
your self-effacement and patriotism
may bring to the conscience <>f the
people realisation that only in tiie
shadow of peace can our country
prosper und be happy and respected."
ALMOST WAR IN CAN AN EA.
Opposing Factions In Sonoru Capital
Minus' at the Point of Conflict.
Conanen, Mexico, Feb. 28,> impos?
ing factions here are on the verge of
an armed conllict. Closely confined
tu iii. 11- quarters In the barracks are
30(1 federal troops und? r command
of ('ui Moreno, who has determined
l hat if tto re Is to be a light, the
Maderlstas who have threatened to
storm tho barracks mu t take the
I ti it iiitlve.
Adherents of Madero, Inflamed by
refusal of the Ponora State congress
to declare against the Huerta govern?
ment .nid it .? action in ousting Gov.
Muytorcna havt h en nrmlng them
? . i . ! Tonight it i.- ? stlmah d that
i n j oi. ?, t i ur< i? arlng rifles.
Tin y are malnt; ining o guard over
PRIMARY EARLY IN APRIL
CANDIDATES FOR CONGRESS EN?
DORSE COMMITTEE'S AC?
TION'.
Charleston County Democratic Exe?
cutive Committee Requests state
Committee do change Primary
DatOS to First and Third Tuesdays
In April, Anteda ing General Elec?
tion of April 29.
Charleston, Mch. 1.?The county ;
Democratic executive committee last
night adopted resolutions expressing
the conviction that the "sixty-day
rule" oncoming primaries in Char?
leston County applied only to the bien?
nial enrolment, that the next pre?
vious enrolment was to be used in
special elections of the kind made
necessary in the present Congression- j
al race, and that it was the duty of
the committee to use every effort t
have a primary for this race; and c ?J
pealing to the t?te executive c w
mittee to name the first Tuesd 49
April as the date of the first r
and the third Tuesday as the of
the second. Five of the e an
didates were present at tht eting
and another was represented by proxy,
and these six endorsed the resolutions
and waived all informalities. The
resolution will be sent to the State
committee at once and also to the
committees cf the other four coun?
ties in the district.
NO TRAVELING EXPENSES FOR
JUDGES.
House Sustains Veto of Governor De?
spite Argument Made in Favor of
Measure,
Columbia, March 1.?The house
last night sustained the veto of the
act providing for allowing circuit
judges and supreme court justices $3
per day for expenses while actually
engaged in holding court. In his veto
message the governor said he thought
the bill unconstitutional. Of the
members of the house 4 4 voted to
sustain the veto and 65 to override it.
Accordingly it failed to roOCVlc ihe
necesary two-thirds- vote to pass over
the veto.
The majority of the judiciary com?
mittee reported that in their opinion
the bill was constitutional, while the
minority agreed with the governor
that the measure was unconstitution?
al.
Mr. Boyd of Spartanhurg, Mr.
Wyche of Spartanhurg and Mr. Rem
bert of Richland spoke in favor of
passing tho bill over the veto. Mr.
Rembert, who introduced the bill,
said that "the governor would not
care if the measure were passed over
his veto, and the constitutionality of
the act left for the courts to decide."
Mr. Gray of Anderson opposed the
passage of the act over the veto on
the grounds of economy.
ANOT11ER PEN ITENTIARY
PROBE.
Whipping of Francis Mlddleton to Be
Investigated by House Committee.
Columbia. Mar. 1.?The House
committee on penitentiary was in?
structed this morning to investigate
the whipping of a convict named
Francis Mlddleton and report its find?
ings to the Attorney General.
Speaking ( n a question of personal
privilege, Mr. Wyche, said, the Chair?
man of the penitentiary committee
informed him that the convict Mld?
dleton had been sick for two weka
and that the statement that he had
been whipped this morning was not
true. The story passed through a
guard and doctor before it reached
Mr. Wyche.
the city hall and jail night and day.
The federal commander placed a
detachment of 25 men With a machine
mm on tin- wall in the rear of Ca
nanea club, an organisation of the
Americans. The situation commands
all tin- principal approaches to the
chief section of the city.
I FT VOCI1 row Di It ROAR.*1
Handbills Calling for Rails ol M<\i
ratiN Circulating.
Douglas, Ariz, Feb. 28.?"To avms,
loyal Mexicans. Show your patriotism
and ha your powder roar," Is the ap
i" al on handbilld ? utitb d "The War
Cry." The bills, signed "The lin
campni? nt, s. < >ond \ olunteera of the
North," were circulated today In
northern Sonora and along tin Amer?
ican side ol the border. I >es< ? b 1 h
from tb' federal ranks an encamped
at Cenes i>- Springs, southeast Vuga
Prleta,
Communications has been rest on 1
1 ? w 1 kmglaf.
SUFFRAGETTES REACH CAPITAL.
(?EX. JONES \M> ARMY ATTAIN
THEIR GOAL AT LAST.
Difference Over Deliver] of Message
to President-elect Settled to Satis?
faction of AIL
Washington, Feb. 28.?"Gen." Ros?
alie Jone8 and her suffrage "army"
marched triumphantly into the capital
shortly before noon today, through
the Capitol grounds and down Penn?
sylvania avenue with an escort of
local enthusiasts and citizens which
fairly choked the streets and delayed
traffic. Jt was one of the most re?
markable street demonstrations ever
seen ' Te.
T Presidential inauguration
so ^ could have presented a more
? jf^ .astic spectacle than Pennsyl
*Y avenue from the capital to the
? sury building after the plucky,
iheveled band of suffrage pilgrims
wung wearily around the Peace mon?
ument for the final march of their 250
mile walk for their cause.
Incoming presidents have not re?
ceived more clamoTous aoplause than
did the company of brown-clad wo?
men, huddled in a little group, forced
to fight their way through veritable
walls of shouting humanity for more
than a mile of their historical "hike."
To prevent disruption of their col?
umn, "Gen." Rosalie Jones and her
tired comrades locked arms and in
two lines clung together, moving only
when police could clear the way for s
short advance. In every block they
were halted repeatedly, the crowde
greeting them with tempestuous dem?
onstrations. Men r?nd women alike
braved the horses' hoofs and chugging
automobiles of the suffrage army es?
cort to grasp the pilgrim s hands.
Though no brass band heraled the
survivors, who IT days ago, left
New York for the advance on Wash?
ington, a bedlam of sound rent the air
from the moment the "hikers" were
in sight of the capitol until they were
jammed into a struggling mass of
men. women, automobiles and car?
riage/ before suffrage headquarters.
When the treasury was reached, se
dense was the mob that the police,
with great difficulty, cleared a narrow
pathway through which the marchers
could pass to the crowning glory of
their achievement at suffrage head?
quarters.
Here, as soon as she could Re\ -her
breath, "Gen." Jones, lifted by stab
wart attendants to an automobil"*, ad?
dressed the crowd. Shouting through
a megaphone the message of equal
suffrage and giving thanks for the end
of the long and hazardous tramp of
her army, she begged indulgetue of
the throng, promising to "talk you to
death' before she left Washington.
For 20 minutes the "hikers" waited
in the street until tho police coxrtd
disperse the crowd, then they were
rushed into the office of the suffrage
workers, whence they were taken te
hotels for a rest before luncheon.
The marchers were greatly relieved
when informed of the receipt of a tel?
egram from the national ? * <0
headquarters, announcing regret that
there had beeh a misunderstanding
over Who should deliver the suffrage
message to President-elect Wilson.
"Gen." Jones was assured that her
pilgrims would be permitted to take
the message, provided an interview
With the new preshh nt can he ar?
range'd.
The anti-suffragists confined their
principal activity today to a big mas*
meeting held in one of the local the?
atres.
Mrs. Arthur M. Dodge of New York,
president of the National Assoclatioa
opposed to Woman Suffrage, presided.
The speakers were Mrs. John Martin
and Miss Minnie Bronson Of New
York and Miss i,Uey j. Price of Cleve?
land.
l oH FIT; riLIZKR INQUIRE .
Senator Smith Introduces Resolution
for lnvcetl|ra:ion of Idvance in
Prk e.
Washington, r> b 2 ? -S? n ttoi
smith ol Kouth C; r< Una introduced
th*- following resolution: "That tin
sec re tar) of i nimerce and labor
throus h th? u of c< rporatlons,
be directed to investigate tin1 cause?
of tin advance In tie pries of am?
moniat? i and nitrates used in tin
manufacture of commercial fertilise rs
and report the findings to th.' senate
ut the earliest practW die time."
?'olnmbia Mar. 1. .1 ai t he I,?
no< u tndaj the Govei nor si nl tit
House a message vetoing tho Me
Cravcy-I,aw8on compulsorj school i
;? adsn< e l .11. Thi on nt mv pa
second reading in th. i . . bv a vot
of 9i to I