Cortland Evening Standard, Thursday, Jan. 16, 1902.
MCKINLEY MEMORIAŁ.
Secretary Hay to Deliver Address In the House.
PENSION APPROPRIATION BILL.
Charleston Exposition Gets $90,000—Redemption of War Revenue Stamps—Spirited Discussion Over Naval Reserves —Hearing on Oleomargarine Bill by Agricultural Committee.
Washington, Jan. 16.—The house yesterday passed the pension appropriation bill, which has been under discussion for three days, and then adjourned until Saturday. The resolution prepared by the special committee on the McKinley memorial exercises providing for an address by Secretary of State John Hay in the hall of representatives, Feb. 27, was adopted.
Mr. Moody presented a joint resolution to appropriate $90,000 to pay the expenses incurred by the West Indian and South Carolina Interstate exposition at Charleston, S. C., in connection with the government exhibit at Charleston.
Mr. Payne declared that the management, when the government exhibit was secured, agreed that the United States would not be asked for one cent.
Mr. Elliott took issue with Mr. Payne as to the facts and Mr. Moody pledged himself that with the adoption of the pending resolution the government expenses in connection with the Charleston exposition would cease. The resolution was passed.
A bill was passed to allow the redemption of war revenue stamps any time within two years after the passage of the act and also a resolution on the same subject to authorize the secretary of the treasury to return upon demand within one year bank checks and drafts with war revenue stamps imprinted thereon after the cancellation of such stamps.
In the Senate.
Washington, Jan. 16.—A spirited discussion was precipitated in the senate yesterday by some remarks submitted by Mr. Hale in respect to bills relating to the formation of a naval reserve which he introduced. He took a strong ground against the organization of a naval reserve, his comments being construed by some of the senators into a reflection upon volunteer soldiers and land militia. Half a dozen senators were on their feet in an instant to defend the volunteers and the National Guard of the various states and the debate took so wide a range that senators went back in their references to the days of the revolutionary war to seek illustrations for their arguments. While no action was possible at this time it is likely the discussion on the measures, should they be reported, will be very lively. No business of special importance was transacted, the time of the senate being consumed by matters of routine.
RATS AT WH1TE HOUSE.
Mrs. Roosevelt Waging War Against Them—Twenty-four Traps.
PHILADELPHIA, Jan. 16—Rat traps made in Philadelphia will aid in the war of extermination that is being waged by Mrs.Roosevelt against the rats and mice with which the White House is infested.
In response to an order from Colonel Bingham, superintendent of the White House, a Philadelphia firm yesterday forwarded to Washington twenty-four traps of various sizes. In the consignment were little traps for mice and large ones for rats. An effort will be made, it is said, by the manufacturers of the traps to secure for themselves the appointment of "rat trap makers to His Excellency, the president of the United States."
M'KINLEY NATIONAL MEMORIAŁ.
Very Few Contributions From Men of Wealth.
Cleveland, Jan. 16.—Colonel Myron T. Herrick. treasurer of the McKinley National Memorial association and president of the American Banker's association, said yesterday: "There have been practically no contributions to the McKinley memorial fund from the men of wealth or those at the head of our great commercial and manufacturing institutions, much to my surprise. They have left the building of this monument to the wage-earners in factories, shops and stores, and to the school children, who are not faltering in their expression of their love and confidence in William McKinley. Those men of means who should contribute seem to have delayed or forgotten."
Legation Building Too Small.
Washington, Jan. 16.—Secretary Hay has sent to the house of representatives a request for a legation building at Seoul, Korea, to cost $40,000. A letter from Minister Allen which accompanies the request, presents some interesting and amusing facts. He says that the ceilings of the present quarters are six feet six inches from the floor, while he is six feet two inches tall. When he stands at the front door his silk hat touches the eaves. He says our quarters are a disgrace to the country and that this is emphasized by the handsome buildings of other governments.
NEW BILLS INTRODUCED.
Angora Goat Matter Has a Local Interest for Hon. O. U. Kellogg.
ALBANY, Jan. 16 —Tenement houses to be erected in the counties of Kings and Queens shall which not be more than three stories in height and to be occupied by no more than six families, shall be exempt from the provision of the tenement house act, if a bill introduced today by Mr. Ash becomes a law.
A bill introduced today by Mr. Platt provides that a town shall be liable for "Angora goats killed by dogs."
Assemblyman Fitzpatrick proposes an amendment to the common law marriage law in a bill introduced today providing that a marriage contract must be filed by the officer acknowledging the receipt of such a contract.
Assemblyman Weeks introduced a bill today increasing the maximum term of imprisonment for attempted murder from ten to twenty-five years.
William B. Allison. |
PAGE FOUR—BRIEF EDITORIALS.
Senator Allison of Iowa is to be re-elected this week for a sixth consecutive term in the United States senate. That is another honor for Iowa, as it breaks all records. No other senator has ever been chosen for thirty-six years consecutively to that branch of congress. To emphasize the event the twenty Democrats in the Iowa legislature have turned in and made the senator's election unanimous. The senator's present term will not expire until March 4, 1903.
The Daughters of the Confederacy of Kentucky have instituted a boycott against the further presentation of "Uncle Tom's Cabin" on the stage in the South, claiming that it is a base libel on that section of the country and that they don't want the children to grow up with such an erroneous impression of life in the South on their minds.
Some difficulty is being experienced in selecting a suitable design for the figurehead of the new battleship Missouri. Why not use a bust of the Missouri mule? Surely that animal has demonstrated his strenuousness and prowess in war.
LETTER TO A DOUBTER.
MR. CHAS. O. NEWTON OF HOMER WRITES ABOUT INVESTMENTS.
When They Are Safe and When They Not—The Kind of Men to Hitch Up With—Gold, Copper and Oil Companies.
Mr. Chas. O. Newton of Homer is a firm believer in the future of the Forward Reduction Co., in which he is a director and largely interested. This company has been advertising in The STANDARD, and in one of the letters which that advertisement brought out the writer referred to the hard luck which had come to Cortland people who invested in Honduras mining stock—the only stock of its kind which has ever been largely exploited to this city. The misfortunes of the Honduras company were urged as a reason against investments in the Forward company. While Mr. Newton has made some unfortunate investments in mining, he has also made some very fortunate ones, holding among others a block of stock which he bought in a gold mine twenty-three years ago at an average of $12 a share, which has paid 50 cents a month in dividends on each share ever since, and is today worth $100 a share. To the doubting investor who quoted Honduras to him, Mr. Newton replied as follows:
HOMER, N. Y. Jan. 10, 1902.
DEAR SIR—Answering your inquiry, I send you literature giving information about the Forward Reduction company. I notice what you say about the unfortunate result that came to those who invested in the Honduras mining scheme. I have often had it mentioned to me as a reason why investing in mining companies was dangerous. But is Honduras always to be a cloud so dark that Cortland people cannot see anything bright beyond? Are all good things to be rejected because one project proved a disappointment? Four times have I been worsted in gold companies, where I have put in money with those who knew nothing about mining. It took me some time to learn that it was safe to be with those who knew their business. In Honduras, no one was a genuine mining man. Read my story in the circular I sent you about the Copper company. That company was organized by men who knew their business. They went or started slow but with knowledge as to how and what. Last Nov. 1st they had opened copper ore, all ready to take to smelter, over $120,000,000 in value—no guess work, but actual measurement and test of value. Since then, there have been opened additional ore deposits, adding over $100,000,000 more to the value of ore in sight, and they have much more ground yet to open, equally as rich. And these values are above 250 foot level, with undisturbed ore yet in larger quantities.
Now suppose you Cortland Honduras men had undertaken to handle that prospect. It would doubtless have been equal to the Honduras effort. It takes men who know how, men with actual, practical experience, to do these things right and successfully. Now the men in this Forward Oil Co., many of them, are the same who started the Green Copper, and are now managing it. Their material is as large, their resources are as ample, their markets are broader and they will make the oil company as great and profitable as the Green Copper company has become. The Green shares began at $5, are now $50, soon will be $100 per share. The Oil Co. shares are now offered at $11 and are sure to follow the same gait which the Green has been running. So whoso gets to own shares now, at the present price, will see and realize large profits.
No, men of little or no experience in such matters, men of small means, carpenters, bricklayers, grocery men or jewelers, in mining for gold, silver or copper do not count. It needs men in the business who are the peer of the Vanderbilts, Rockefellers, Mackays or Lounsburys, and this is the class of men who are managing the Forward Reduction company.
Why, European manufacturers have, all of a sudden, come to realize that they must have more and cheaper fuel. Their supply of coal and oil is much less than their demands. More and cheaper fuel is imperative, as one of the essentials towards helping them maintain themselves in competition with this country. For cheaper oil they look to this country, to the great new oil fields of Texas, and finding it necessary to consult with some American as to furnishing a supply, prominent Englishmen telegraphed over two weeks ago to whom? A man from Cincinnatus, N. Y.? Oh no, to Doctor Forward, the president of the Forward Co., to meet them and manufacturers from France and Germany, in London, to counsel with them as to how they could get a supply of oil. He is there now. Did they go to a small man? No, they went to a man with a reputation, a man foremost in his line of business. With such a man as chief manager, and such a man as Walter S. Logan, a most eminent lawyer in New York City as counsel and financial manager, and with Geo. A. Tredwell, the first man in all these states as a mineralogist and practical miner, and other men of like capacity, there is little chance of a Honduras fiasco. Talent, material at hand, and millions of dollars, are strong to win success, and so it will come to the Forward Reduction company. Men, with a little money, can…with them and get a share of profit. Yours truly,
CHAS. O. NEWTON.
BURGESS' HOMER STORE
Sold to John B. Latimer Who Has Been its Manager.
Mr. A. S. Burgess, the Cortland clothier, who during the past few years has also branched out and conducted stores in Homer and Marathon, has sold his Homer store to Mr. John B. Latimer, who has had charge of that store for the five years that Mr. Burgess has been the owner of it. In that time the business has grown rapidly, and a large trade has resulted from the enterprise. Mr. Latimer took possession of the store yesterday, and there is no doubt but that the store will continue to do a good business under the supervision of the new proprietor, as he has clearly shown himself to be a capable business man.
In Police Court.
Bert Lamb, who has been in police court on several occasions, pleaded guilty this morning to the charge of public intoxication and was sent to jail for thirty days.
John Glish, a veteran, who had just returned from the Soldiers' Home in Bath, was out hunting for rooms yesterday and imbibed too freely of strong drink. This morning he was sent to jail for three days, and his better half, who had assisted in the search for rooms, was advised by the court to pursue the search alone, as she could do better single handed than she could with John's assistance.
MISS DILLON'S CLASS
Has a Grand Reception at the Close of the Winter Term.
Miss Marguerite Dillon's children's Saturday afternoon dancing class had a very delightful reception last evening in Red Men's hall. Scarcely ever was there so great a crowd in the hall, for parents and friends to the number of a hundred turned out as spectators.
The children's season was from 7:30 to 9:30 o'clock and there were thirty-five couples of dancers on the floor. There were twelve dances, all of them being encored. Dillon Brothers' orchestra furnished the music. The progress shown by the little people was indeed wonderful and was a matter of no little pride and satisfaction to the parents as well as to the teacher. Especial mention is made of the four fancy dances; the minuet participated in by the whole class of thirty-two, a Spanish dance by eight young ladies and the varsonvienne and Normal Newport dance. The minuet was particularly graceful, the courtesies of the boys being a source of much comment on the part of the onlookers. The Spanish dance was a waltz in time, executed upon the toes of the dancers and was very beautiful. The girls used tambourines throughout the dance. The performers were Caroline Van Brocklin, Georgia Hoag, Georgia Stilson, Ida Beaudry, Martha Howland, Dorothy Gillette, Bertha Hulbert and Anna Thompson.
As soon as the children's season was over a dance was put on, the dancers, especially for the married people, who enjoyed it hugely before starting for home with the little people.
The older classes then took the floor and danced till 1:30 o'clock. There were fifty couples of these and there were twenty-four dances on the program, nearly all of which were encored.
The evening was in all respects a very pleasant one for all concerned. This closed the fall term and the spring term will begin on Saturday, Jan. 25.
BREVITIES.
—A regular meeting of the A. O. U. W. will be held tomorrow evening.
—The Cayuga county fair at Auburn will be held the last week in September.
—Mr. T. T. Bates has been awarded the contract for covering the steam pipes in the basement of Fireman's hall with asbestos.
—The Woman's Auxiliary of the A. O. H. will meet at 8 o'clock tonight at Empire hall. The ladies who wish to join are requested to be present.
—New display advertisements today are—S. P. Smith, Meats, etc., page 5; McKinney & Doubleday, Imperial Reference Library, page 6.
—The Freer property, 94 Port Watson-st., which was sold on mortgage foreclosure on Monday last, was bid in by the assignees of a second mortgage, William C. Freer, S. DePuy Freer and Mary E. Freer.
—A sneak thief made a plausible excuse to get into a house in Homer yesterday and made no excuse for getting away with a purse of money. Details are in the Homer letter today. People should be very sure who they are admitting to their home before giving them a chance to go all over the house unattended.
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