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C i r c u la t i o n yesterday 4,336 I t fjtc h the A d v e r tiser- J o u r n * ! Grow tnt'TiVAli fo u n d e d 1S23. SvERTlSER foui^td 1SU TH E SECOND OLDEST D A ILY NEW SPAPER W E S T OF THE HUDSON RIVER T H E W E A T H E R . R a in o r snow tonight nnd S u n d a y ; colder Sunday; hrisk 3o u t h w e s t s h i f t i n g to northwest w ind s S u n d a y . AUBURN. N. Y. SATURDAY. DECEMBER 20. 1913 PRICE TWO CENTS B R O U G H T T H E D I S A B L E D W A R S H I P S A F E L Y T O P O R T American Telephone Co.’s Agreement to Restore Western Union Telegraph Co. to Separate Footing Startles World of Finance—“Big Business” ■ and Government in Friendly Compact Xew V o r k , D c c . 20.— The in f o r m a t io n from W a s h i n g t o n th a t tlic A m e r ica n Telephone a n d T e legraph C o m p a n y h a il jgiecd to g i v e u p its interests in th e Western U n i o n a n d to ciTect a reorgnni- ntion to c o n f o r m w ith thc rccommcnda- tions of th c fe d e r a l authorities w a s no turprisc to fin a n c ia l men though u n e x pected a t th is tim e . The T e le g r a p h and Telephone com- lination lia s be e n under alm o st c o n t i n u ous attack s in c c i t was effected in 1009 through th c p u r c h a s e of the lnrge C o u ld , Sage and M o r o s i n i holdings of W e s t e r n Union stock b y th e American T e lephone ind T e legraph C o m p a n y , in w h ich th e various B e ll T e lephone interests had been consolidate d . Ever since t h a t tim e thc T e lephone combination lia s been under in v e s t ig a tion by thc D e p a r t m e n t of Justice. I t has been c o n s ta n tly assailed by Clarence I I . Mackay b e c a u s e o f tho disadvantage u n der which th c P o s t a l Tclegraph-Cablc Company w a s placcd through it3 allege d lick of th c telephone facilities o f its rival, the W e s t e r n Union. Independent telephone interests, fin d ing it a r d u o u s to compctc w ith lo c a l Bell C o m p a n ies because thc tru n k lin e s of the c o m b in a t io n were closed to th e m , complained b i t t e r l y . Members o f C o n gress from t i i n c to tim e lmve proposed investigations, o r urged the D e p a r t m e n t o( Justice to a c t o n general principles. Finally, in th e la s t few weeks be g a n I cnovemcnt fo r governm ent o w n e r s h ip ol telephone a n d telegraph lines. Reprc- icntativc L e w is o f M a ryland, w b o i n itiated th is m o v e , ■ w hich was also cn- 'orsed by P o s t m a s t e r General B u r le s o n in his a n n u a l re p o r t j u i l published, re c ognized thc im p o r t a n c e of. tho th r o u g h lines and p r o p o s e d th a t they be acq u iro d by tie governm e n t. Numerous Suits Resulted. In the coursc o f thc fight carried on b y the Poslal C o m p a n y and thc indepe n d e n t telephone com p a n ie s , there have been numerous la w s u i t s and com p laints to public service commissions, tho I n t e r state Com m e rce Commission, nnd th e Department o f Justico. A su it u n d e r the Sherm a n Law charging discrim ina tio n against thc independents on the Pacific Coast is now in the Federal C o u r ts, and hearings in connection w ith it have recently been held in this c it y . F inan c ial men said today t h a t tho sep a r a t io n of Ihe com pany into its p a r ts w o u ld n o t bc difficult bccausc of th e ir d is t in c t organization. Tho d ifficulty w o u ld bc, however, in devising an e q u ita ble p lan for distribution of the securi ties. T h e D e p a rtm e n t of Justicc no longer w ill p e r m it a distribution of stock of th e subsidiaries to thc stockholders of the m a in com pany pro rata as in th e tobacco and Standard O il cases. T h e S u prem e C o u r t in the U n ion Pacific disso lu t i o n w e n t on record against this, tp u S o t jto n p l i l u E T A O I X Com m e n t by W ickersham . F o rm e r A ttorney General \\ iekershn;m w h e n he heard the news said: l-I, can’t say I am pleased, because T th i n k i l w ill be an economic m istak e . 1 sec no reason w h y telephone and te le g r a p h companies should not bc conducted ns one concern. “ However, the action of the W ilso n a d m in is t r a t io n ill bringing a b o u t this v o lu n t a r y dissolution is not a new policy. W h e n I was attorney general there w ere a n u m b e r of such dissolutions b r o u g h t a b o u t bv thc efforts o f M r . T a f t and myself.-\ M r . Wickcrsha-m said th n t as a tto r n e y general com p laints were m a d e to h im a g a in s t the Am e rican Telephone a n d T e legraph and he turned the case over to the Inte r s tate Commerce C o m m ission fo r investigation. “ T lic results o f the in v e s tigatio n , J dare say,” lie said, “ have bro u g h t a b o u t th e dissolution b y consent.\ George fi. W a r d , vice president o f thc M a c k a y Companies, when told the news, s a id : ‘'This is exactly w h a t the P o s t a l T e legraph C o m p a n y has been contend ing for for years. W e have contended t h a t there w a s discrim ination ag a in s t us on th c p a r t o f thc telephone com p a n y anil t h a t th is discrim ination w o u ld co n t in u e ns lo n g as thc interests rem ained u n ite d .'' CAPT RODMfNN N e w p o r t New s, Va*, Dcc. 20.— C a p t a in R o d m a n of the U . S. S. D e law a r e has perform e d a notable feat in b r i n g i n g the crippled b a t tle s h ip V e r m o n t s a f e ly in to p o r t, llis vessel w a s a t a ll tim e s ready to tak o the crew of thc V e r m o n t ofT in th e event of a dangerous sto r m a r ising . T h e shattered m a c h inery o f thc c r a f t enabled her to m a k e o n ly th r e e k n o ts a n h o u r a t best, and C a p t a in R o d m a n s ’ vessel had to take thc g i a n t w a r ship in tow . I t is expcctcd th a t S e c r e ta r y o f th e W avy Josephus D a n ie ls w i ll send a h ig h ly com p lim e n tary le t t e r to C a p t a in R o d iw in. HEAT COURT STRUGGLES I AVOIDED IY TELEPHONE TRUST’S SURRENDER V o lu n t a r y S e v e r a n c e F r o m t h e W e s t e r n U n i o n M a y C h e c k G o v - . . e r n m e n t O w n e r s h i p M o v e m e n t — P u b l i c G a i n s P a r t i c u l a r l y i n T h a t L o c a l C o m p a n i e s M a y U s e A ll T o l l L i n e s and ; W a s h ington, D c c . 20.—The g r e a t e s t t ti-trust v i c t o r y o f President W i l s o n a m inistration th u s far— the v o lu n t a r y ■olution o f th e so-called T e lephone nist—c o m m a n d e d thc attention o f a ll m inistration officials today, tyixt to th e fa c t th a t all the fe a ture s linst w h ic h th c government w a s pre- ring an a n t i - t r u s t suit w ill bc elim i- k<l w i t h th e consent and co-operation j B u s in e s s ” itself w ith o u t y e a r s ■court fig h t i n g , thc principal to p ic o f “ ussion i n ad m inistration circles to- 7 Was, w l i a t elTect w ill the d is s o lu t io n v® on th c m o v e m e n t for g o v e r n m e n t a irship? I t has been generally ex- ted in C o n g ress th a t such a p l a n ®uld soon bo urged as an a d m in is tra - m e a s u re. ^ i t h th e v o lu n t a r y dissolution o f the ■called t r u s t actually under w a y , how- ' cr, A ttorney General M c R e y n o lds a n d “J Interstate Commerce C o m m issio n ° k y prep a r e d to scan the details o f th e R a t i o n o f thc American T e lep h o n e d Telegraph C o m p a n y from th c W e s t- * Union a n d thc work of d is e n t a n g lin g kphone a f f a irs throughout th e coun- 5 which th r e a tened federal actio n *Jot o n ly h a s tho American T e le p h o n e * Telegraph agreed to give up its con- °* of th e W e s te r n Union, h u t it has Sreed n o t to extend its m o n o p o ly of telephone field. B u t tlic m o s t im rtant p o i n t of thc Am e rican people rials declare, is the telephone c o m ay’s a g r e e m e n t to extend tho u s e of toll lines to alt local companies- T h a t acession w h ich Nvns ad m itte d ly m o r e a A ttorney General M c R e y n o lds ex ted to secure in n legal fight, ope n s d istance facilities hy telep h o n e vo *ny c o m m u n itie s which have lonj denied it. the w o r k of separating the tw o bi, mpanies goes on points on w h ich th e y in d o u b t w ill be s u b m i t t e d IRE NOT AT S y r a c u s e C o n t r a c t o r F a i l e d t o P u t in A p p e a r a n c e Q U I N L A N T A K E S T H E S T A N D Succeeded by Sales A g e n t fo r th e A s p h a l t i Com p a n y W h o D e n ie d H o Threatened to E x p o s e C a r lis le ’s A d v isory E n g ine e r s . S W E D I S H P R I N C E S O O N - T O B E D I V O R C E D , I S R E P O R T N o r f o lk , V * ., Dec. 20.— The cripple d b a t t le s h ip V e r m o n t arrived here n t 9 ao a. m . tvtfay, in tow o f n a v a l tu g s w h ich stood fty her a t anchor in H a m p to n R o a d s , l* * t n ig h t The V e r m o n t , th o u g h b a d ly crippled, was in no d a n ger. She w ill be exam ined by divers a n d docked a t a t the navy yards fo r re pairs. A lb a n y , X . V., Dec 20— C o n t r a r y lo expectations, George if . -McGuire, the Syracuse contractor, d id n o t a p p e a r to d a y a t the Carlisle a s p h a lt h e a r in g to te s t if y . Henry A . R u b in o , a t t o r n e y for th e W a rner-Quinlnn A s p h a l t C o m p a n y , w h ich brought tlic charges a g a i n s t C a r lisle, said he had been u n a b le to lc?catc M c G u ire. Ho was w a n t e d to te s t ify in regard to an a r r a n g e m e n t lie a n d C a r lisle nre alleged to have m a d e to b a r thc W a rner-Q u inlan p r o d u c t fr o m th c state roads. It was understood y e s t e r d a y th a t M c G u ire was in A t l a n t ic C i t y . P a tric k K. Q u in lan , vice p r e s id e n t of th e W a rner-Q u inlan C o m p a n y , w a s tiie first witness to tak e th o s t a n d Q u inlan was on th c s t a n d o n l y a short tim e . A . R , K n ig h t , a sales a g e n t for th e com p a n y , succeeded h i m . llc n r v Purcell, a t t o r n e y fo r C a rlisle, asked K n ight if he h a d n o t th r e a t e n e d to expose M r. C a r lisle ’s a d v is o r y e n g i neers, Parker and W a s h i n g t o n . T h is a l leged threat was m a d e la s t O c tob e r , fo l lo w in g a discussion over n e w specifica tio n s for road m a te r ial W itness ad m itte d t h a t lie h a d w a rned th c engineers th a t h is c o m p a n y m ig h t resort to injunctions a n d t h a t he w o u ld ‘‘te ll the tru t h ,” b u t denied h a v i n g m a d e a n y threat of exposure. D a r w in S m ith , a c h e m ic a l engineer, testified th a t the W a r n e r - Q u in la n p r o d u c t which was rejected b y th c H ig h w a y D e p a r tm e n t on c e r t a in h i g h w a y con tracts was superior to th c m a te r ial w h ich was used on those ro a d co n tracts. TELEPHONE STOCK RISES BUOYANTLY W a l l S t . G r e a t l y E x c i t e d O v e r t h e D i s s o l u t i o n X e w Y o r k . Dec. 20— The a n n o u n c e m e n t fro m W a s h ington th n t th e A m e r i can T e lephone and T e legraph C o m p a n y h a s reached an agreem e n t w i t h th e D e p a r t m e n t of Justice whereby it w o u ld re linq u ish control of the W e s te r n U n ion a n d avoid a su it under th e a n t i tru s t la w caused an excited ad v a n c e in the stock o f th c Telephone C o m p a n y n t the opening of the stock m a r k e t to d a y . T h c first transaction in the stock w a s a blo c k o f 2,000 shares, one of th c la r g est blo c k s of th a t stock w h ich lias been handled on the l-.xclmngc for r e a r s 1-2 lo 124, CURRENCY Sill. PASSED BY SENATE. MEETS WITH TROUBLE IN HOUSE. HOT DEBATE CAUSING SOW DELAY A t t e m p t s t o C o n c u r a t O n c e in A m e n d m e n t s D e f e a t e d 2 9 4 t o 5 9 a n d A d m i n i s t r a t i o n L e a d e r s S e n d t h e M e a s u r e A l o n g t o C o n f e r e n c e C o m m i t t e e a n d W i l s o n W a s h in g to n , Deo. 20.— A f t e r a hot de- bato in tho H o u s o to d a y a d m in is t r a t io n lenders h a d th e ir w a y a n d sent tho Currency H i ll to a C o n fe r e n c e C o m m it tee. A t t e m p t s to c o n c u r u t once in the •Senate a m e n d m e n t s w e r e defeated 20-1 to 50. A group of. m id d le w e s t e r n D o m o c rnts mado ii fu t ile fig h t to a c c e p t th o Senate provisions fo r g u a r a n t e e o f deposits, re discount o f six m o n t h s a g r i c u l t u r e paper .ind live year fa r m m o r t g a g e loans by N a tional B a n k s . Stockholm , Dec 20.— Prince W i l l i a m of Sweden w i ll, i t is said, s h o r t ly be d i vorced. S t r a in e d re latio n s h a v e ex isted between th c r o y a l couple fo r som e tim e . A seand.il s a id to be connected w ith the a f f a ir lin s been suppressed through the o r d e r s o f tlic k in g . to A t to r n e y l_icner.il M c Kcynolds th e In te r s t a t e Commerce C o m m ission for decision. M c R e y n o lds Announces A g reem e n t. A t to r n e y General M c R e y n o lds n i g h t m a d e public thc de tails o f thc agreem e n t fo r rc-organization o f the A m e r ican Telephone and T c lcgrap C o m p a n y , ‘'the telephone tr u s t '’— w h icli w ill prevent litig a t io n to dissolve th a t corporation under the anti- t r u s t act and un d e r w h ich com p e titive conditions w ill be restored throughout thc co u n try and th c com b ine w ill dispose of th e holdings the W e s tern Union T e legraph Com- 11 T h e rc-organization plan o r ig in a te d w ith thc com p a n y , although it follow e d m a n y reports th a t a s u it a g a i n s t m i 'd i t bc filed. The plan m e t n o t o n ly the approval of the atto r n e y ge n e r a l, b u t w a s approved hy President \\ ilsoii. I „ « letter to -Mr. M c R e y n o lds th e p r e s i d e n t expressed his adm iration fo r the a t t itu d e of the telephone co m p a n y , and his conviction th a t such conduct on the p a r t of business men means a b u il d i n g u p o f business on sound and p e r m a n e n t Provisions of Agreem e n t. In brief thc agreement provides tJhai The A m e rican Telephone a n d T e le g r a p h Com p a n y w ill dispose p r o m p t ly o f u s holdings in the W e s tern U n io n Telegraph Com p a n y so th a t each eon- th a ll be under d istinct m a n a g e - Whitman Not to Be Active Ally A lbany , X . Y ., Dcc. 20— D i s t r i c t A t torney W h itm a n of X e w Y o r k , prob a b ly w ill not be a p p o in te d a. special dep u t y attorney general to a i d Com m ission- er Jam e s W . Osborne in b i s g r a f t inves. tig n t io n , it wns learned fro m n n auth o r , ita t i v c source today A report Inst n i g h t w a s t l i a t Osborne today would request th c a p p o i n t m e n t o f M r W h itm a n b y the g o v e r n o r . O s borne and the governor p la n n e d to meet, la t e today to d i s c u s s ' t h e p r o p o s itio n . D o u b t was expressed a t tb e c a p ita l if a district attorney could le g a lly bc a p pointed a special d e p u t y . I t also was pointed out th a t the d u t ie s o f M r . W h i t m a n m ig h t prevent h i m fro m p e r s o n a lly conducting thc possible proseeutioiiB of a ll the cases he s t a r te d , a n d th e governor is said to bc anx io u s to h a v e th c in vestigator who in s t i t u t e s a case carry it to the end A t present there ex ists a n u n d e r s t a n d in g between the g o v e r n o r ’s office and M r. W h itm a n th a t th e y s h a ll a id each I o ther in every w a y p o s s ib le . M r W h i t MEXICO SECURES FOREIGN LOAN W i l l b e A b l e t o M e e t J a n u a r y B o n d I n t e r e s t P a y m e n t s Pari?. Dec 2 0 — T h c u n d e r w r i t i n g hv nn in t e r n a t io n a l g r o u p o f b a n k e r s of a loan to the M e x ic a n g o v e r n m e n t suffi cient to m e e t th o bo n d in t e r e s t p a y ments fa llin g d u e in J a n u a r y w a s a r ranged to d a y th r o u g h the T tanquc ])»> (Paris K t !X\s P a y s lias. T h c group_ is composed o f P a r is . L o n d o n , a n d X e w Vork bankers a n d includes h-peycra of New V o rk. Thc Pnris b o n k s w ill not) advance morn than t h e i r p r o p o r t io n a t e shnre of tin* am o u n t u n d e r w r i t t e n h y th c group, Tho n e g o t iatio n * were cond u c te d here hut the a m o u n t o f the loan a n d the terms on w h ieh i t is to he ad'am - c d wero not disclosed. Prices ranged from 120 1*2 to 134, & m n x m iu m of G 3-4 points. S u b s e q u e n tly . m a n called on tho go v e r n o r a t th e o u t th c advance was run up 7 p o i n t s ^ n f .John Doe proce e d ings a n d they T h e to p price of 121 1-4 represented^ a agreed to this. g a in o f 14 1 I points since M o n d a y T h n | |t ;s know n t h n t th e g o v e r n o r de«ires price la te r reacted II points. A m e r ic a n j c o m m issioner O s b o rne to c o n t in u e his Telephone Convertible bonds ccm m e n t. The com p a n y w ill not he r e a fte r ac- com- ouirc control of other telephone panics, and whore\ control of such c o m panies lias been acquired, b u t no a c t u a physical union has been effected, i t w ill s u b m it the coursc it is to pursue to th e In te r s t a t e Commerce C o m m .ss.on and to thc D e p a r tm e n t o f Justicc. The com p a n y w ill prom p tly m a k e ^ . ------- n t , bv w h ich all o t h e r tele- vern- aud considered Continued on Page 12. g a in e d 3. W e s tern C n io n stock, w h ile less a c tive, w a s hid up 2 points. Pacific T e le phone rose 3, There was no tr a d i n g in thc securities of tho M a c k a y C o m p a n ies. w h ich controls thc Postal T e le g r a p h , in the early m a rket. W a l l < tre e l was taken com p letely by surprise by the announcem e n t o f the dis-olution agreem ent, a lth o u g h tr a d i n g in ' slocks of the wire com p a n ies d u r i n g thc la=t fo r tn ig h t has been ih e h e a v ie s t in years The large dealings w e r e a t trib u t e d princip a lly to reports fro m W a s h in g to n th a t proposals for gov, m e n t ow n e r s h ip of tlio te le g iap b telephone line.- were being O n M o n d a v A m e rican Telephone sto r k s dropped to 110. the low e st pnee since W e s tern U n ion on the sam e d a y touched 50 5-S, the low e s t sincc 1010 T h e r e a fter both stocks m a d e a p a r t i a l recovery 'H ie opinion generally expressed W a l l S tre e t was th a t the no r c e m e n t would check ta lk of g o v e r n m e n t ow n e rship as well as rem o v e fro m th e com p a n y the menace of a s u i t u n d e r thu anti- t r u s t law , nnd it w a s on th is account th a t thc stock of th c c o m p a n y •bid u p so rapidly. Shares of. the M a c k a y C o m p a n y w h ic h arc seldom traded, i n on th c E x c h a n g e w e re inactive to d a y . - D u r in g th e first h o u r there were ho tran s a c tio n s in th e c o m m o n stock, alth o u g h th e p r e fe r r e d r0 «e 3 points on a single sale. W estern U n io n , w h ich showed decided s t r e n g t h a t tbe outset late r relapsed, fa llin ; p o in t s from its high price to 57, represented a net loss of 3 p o in ts . U n d e r the lead of telephone share s the j w h o le stock m a r k e t advanced b u o y a n c y . in q u iry as fu lly and s p e e d ily as possible. It, was suggested to d a y to th e j \ „rnor 'th a t thc com m issioner’s le g a l practice wns so heavy th a t he needed assistance in thc inquiry • I f he can’t carry on th e w o r k per haps we should get, som e o n e -who can,” the governor said The governor refused to d iscuss the proposed a p p o in tm e n t o f M r . W h i t m a n explaining he h a d n o t seen M r . borne. L A B O R U N I 0 N S 0 F G E R M A N Y B O Y C O T T A B E R L I N B A N K licrlm , Dec- 2 0 —fThc labo r u n io n s of Gcnmaiiy decid e d to d a y to •w ithdraw their deposits a m o u n t i n g to $5,000,000 from a le a d in g lwvnk in B e r lin w h ich discharged one o f its em p loyes w h o had hecn engaged in a-gitating lo r tb e fo r mation of a b a n k clerks' n n i o n . The hank de-’lin e d to re in s t a t e th e m a n a t the request, of th c la b o r unions a n d also re fused to give acce p t a b le g u a r a n t e e s th a t iLs em p loyes s h o u ld have th e rig h t of association. The desired g u a r a n te e s w e re o b tain e d hv the la b o r u n i o n s from o t h e r b a n k s thanks to th e use o f effective w e n p o n s given them b y th e largo fu n d s they were able to d e p o s it . W a s h ing to n , Dcc, 20.— F i n a l w o rk of preparing the A d m i n i s t r a t i o n Currency Hill for P r e s id e n t W i l s o n ’s signature was begun to d n y w h e n H o u s e n n d Senate conferees m e t to com p o s e differences bo- '.wcen the \O w e n s u b s t i t u t e ” ns the measure w n s k n o w n ns i t pnsscd thc -Senate, and tho G lass B i l l , w h ich was the a d m in is t r a t io n m e n s u r o in the liouse. Senators O w e n , R e e d , O ’G o r in a n , Pom- crone, S lm f r o t li n n d llo l l i s , Dem o c rats, und Xelson, B r i s t o w ancl C r a w f o r d , R e publicans, w i ll re p r e s e n t t h c Senate in the conferences. G h n i r m n n G lass of the House U a n k inj: C o m m i t t e e , w h o was sponsor for th j b i ll in tb e lio u s e w ill hend thc 5 louse conferees w b o w ill in clude R e p r e s e n t a tiv e s K o r b le y mid llayes. A n effort w i l l b e m a d e to agree upon a report w h ich b o t h hou s e s of Con gress can uccopt, so t h a t th e b i l l m a y he linully engrossed a n d ta k e n to the W h ite House to bccom c a la w w i t h President W ilson'3 s ig n a t u r e b y T u e s d a y . T h c princip a l p o i n t s o f ditTcrenco which w ill hnve to be n g r e e il u p o n or com promised are tiho n u m b e r o f th c regional reserve banks, a g u a r a n t e e o f deposits, thc length o f 'm a t u r i t y o f p a p e r for re discount nt. re g io n a l b a n k s , tbe percent age of gold reserve to be re q u ire d a g a inst thc c ircu lating ljo lc s n n d t h c lim e lim i t of m o rtgages o n w h ic h n a t i o n a l ,lmnks w o u ld be p e r m itte d to m a k e fa r m loans. Dem o c ratic h e a d e r U n d e r w o o d in the House sees no se r io u s p o i n t s of differ cnee in the tw o b i l l s ; th c g u a r a n te e of deposits which w a s in s e r t e d b y the Sen a le. is p r a c tic a lly th c o n l y change made in fundam e n tal*!. A l l th e changes made, by the S e n a t e are u n d e r s t o o d to bo agreeable to P r e s id e n t W i l s o n As one a d m i n i s t r a t i o n o ilic ia l p u t it today, “ the p la n is to h a v e the, presi dent\ sign th is b i ll b e f o r e W e d n e s d a y so that, it m a y becom e a C h r i s t m a s present for the A m e r ican p e o p le .\ W h e n the b i l l becom e s la w . President W ilson w ill be c o n f r o n t e d w i t h taking thc first step tn p u t i t in t o effect T h n t w ill be thc a p p o i n t m e n t o f a Federal lk'scrve (Hoard o f seven m e m b e r s who w ill m a k e a ll th e n r r n n g e i n e n ls for the transitio n from tile, p r e s e n t curency sys tem to the new o n e . -Many suggestions have hcen m a d e as to t.he personnel of the Hoard. T h e p r e s i d e n t h a s n o t mndc ■his selections b u t w i l l c o n s id e r the ques tion c a r e f u lly du r ing his Christm a s raca- tion. S t r u c k a Snag in House. On its w a y to confercnco tho b i l l struck a snag iu thc House, w h e r e a fight over tho num b e r of confcrecs a n d tho que s t io n of a nopurate voto on so m o of the S e n a t e amendments etiused d e la y . R e p r e s e n tative Gloss ankutl u n a n im o u s consent to disngrco to tho S e n a t e ain e iu lm o n ts a n d send tho hill to c o n ference. Representative H a r d w ick o f G e o rgia n n d Madden of Illinois, c o n tended th e lio u s e should have as m a n y conferees us th o Senato iuu I said t h a t thoy desired a n opportunity to voto o n somo o f th c amendments. M a j o r i t y Leader Underwood secured u n a n im o u s consent to take up tho b i l l . H u t R e p r e s e n t a tiv e M u rray of O k la h o m a m o v e d to concur in tho Senate a m e n d m e n ts n n d tbn reading of tho 50 p a g e s of changes m a d o by tho Sonato ■was ordered, c a u s in g a long delay in g o t t i n g tho b i l l before tho Confcrenco C o m m i t tee. W a n t G u a r a n tee Clause Retained. T h o fig h t in thc Houso developed a m o v e m e n t to insure retaining th o S e n ate a m e n d m e n t for gunrnteo of b a n k d e posits. R e p r e s e n t a tiv e Ginns declared th o e n a c t m e n t o f the mcasuro into law a s i t came fro m tlio Senate w o u ld bo ti “c a la m i t y ’’ and pointed out several pro- isiona in th e Senate am endm e nts w h i c h he said conflicted. N E W Y O R K B A N K S W I L L N O T B A L K AT C O N D I T I O N S T h r e a ts o f Dropping Federal C h a r t e r s W i l l N o t Bo Carricd O u t. X e w Y o r k , Dcc. 20,— Passage o f tlio C u r r e n c y H ill in W a shington finds the local b lin k in g com m u n ity, w h ich w a s nono to o k in d ly disposed tow a r d llie m e a s u r e in its early stages, m oro o r less ready to accept tlio conditions of. th e b ill. C h a n g e s which tho now law m u s t in e v i t a b l y b r ing lmve been taken n o lo o f re c e n t ly and it is not th o u g h t t h n t a n y n a t i o n a l bank of im p o rtanco w i ll carry o u t th o threat so often heard a few weeks ag o to relinquish its federal fo r a state c h a r te r In fnut, (lie p r e s id e n t o f a larg e W n l l Street hank, said to d n y th a t a ll o f the 30 national banks o f th is c it y co u ld bc depended upon to e n t e r the. new b a n k in g system as soon ns th o n e w la w to o k cffccl. I t seemed to b o tlu: o p in io n in financial qnarlers to d n y t h a t the p r ivile g e s thc nationally c h a r te r e d in s t i t u t i o n s would retain, together -witli tho pre s t ig e considered1 to a t t a c h lo n a t i o n a l in s titu tio n s would o u t w e i g h w ith m o s t of them any rem a ining o b je c tions th e y m ig h t have lo thc n o w la w . M o reover wero national banks to y ie ld t.heir ch a r te r s , they would have lo r e tu r n to th e government tlio re s e r v e m o n e y s n o w held by them and r c t i r o th e ir c ircu latio n against their h o ld in g s o f g o v e r n m e n t bonds. Widest Competition For Naval Contracts Sought by Government Os- in d is s o lu t io n which P R E S I D E N T W I L L S P E N D V A C A T I O N I N M I S S I S S I P P I F I R E IN W A T E R T O W N C A U S E S H E A V Y D A M A G E W a s h ing ton, Dec. 20.— 'P r e s id e n t W i l son probably w ill leave he r e T u e s d a y for Pass C h ristian, M iss., a b o u t 57 miles from Xew O rleans, fo r h is th r e e weeks’ vacation. H e expects to s ig n th c cur renev bill M o n d a y n i g h t . The president w a s in good h e a lth to day, b u t stayed in h is s t u d y w o rking on’ m a n y things t h a t he hopes to clear u p before g o ing on h is v a c a t io n . First P e r form a n c e in Syracuse. W a s h ing ton, Dcc. 20— A W ashington Pozct', an a ttac h e o f th c P e r u v ia n lega tio n here and son o f th e P e r u v i a n m i n ister, 1ms w r it te n a c o m e d y w h ic h is to have' its in itia l p r e s e n t a t io n a t S y r a cuse, X . Y ., on C h r i s t m a s D a y . Several o f M r. Pczct’s p la y s lm v e been produced hero before audiences com p o s e d o f the diplom a tic a n d official circles, l i e is one of the first. I.itin - A m e r i c a n w r iters to figure in this c o u n try as p l a y w r i g h t and actor, _ . W a te r to w n , V Y . Dec 20 - K ire e a r ly today d e s tro y e d th e w h o lesale grocery warehouse o f .Jo h n J S u lliv a n n n d C o m pany of th is c i t y a t a loss e s t im a t e d a t ilOO.lWl on b u i l d i n g a n d c o n t e n t s . The cau.-c has n o t been determ ined Conference on Race B e t t e r m e n t . B a ttle C r e e k . M ich., l>ec- 2 0 ~ , I n t e n sive preparation.-* nrc b e ing m a d e fo r tlic bolding o f th e fir.-t X a t i o n a l Conference on Hace B e t t e r m e n t here fro m J a n u a r y S to 12. 1014. A * th e n a m e im p lie s , the object of tb e conference is to p o . n t out a way for g e n e r a l im p r o v e m e n t o f race conditions. C a r e f u l a t t e n t i o n w ill be p.iid to th e a s s e r t io n t h i t th e b i r t h rate i9 being re d u c e d to an a l a r m i n g evtent while, 'ic e a n d in s a n i t y are in c r e a s ing, W a s h ing to n . D e c . 20 — P r iv a t e ship- builders today fo u n d them s e lves in com petition w i t h th e g o v e r n m e n t navy yards in b id d in g fo r th e privilege of constructing t \ ° n a v a l vessels, the p u r pose being to secure th o w idest cnmpc. titio n anil n l “o to a c q u ire precise data regarding the rein I . i 'e c o s t o f private and go v e r n m e n tal n a v a l construction Thc bids s u b m i t t e d to d n y were for i-upply ship X o . 1 n n d tra n s p o r t X o . 1, both of w h ich w e r e s p e c ia lly planned by the general b o a r d o f tbe. n n v y to m e e t new cond itions n n d n r e th c first of their types. The tra n s p o r t w i ll be 4G0 feet long, 01 feet be a m a n d 20 fe e t d r a f t w ith a speed of 1-1 k n o t s S h e m n - t accommo date 100 oflicers. 2,<)00 e n liste d men and 32 horses, and m u s t havo larg e cargo, aolds fo r the m ilitary supplies. T h e tra n s p o r t w ill be. fitted to b u m c ith e r oil o r c o a l, nnd w ill carry e ig h t 5-inch g u n s to prote c t her pcrioiuicl a g a i n s t a t t a c k . T h c su p p ly ship w ill be in effect a g ig a n t ic “ b u m bo a t” as she ia de s ig n e d to aeeom p .'iny a fleet of e ig h t lia t t lc - ships n n d supply them w ith s u f f icie n t provisions and stores for tw o m o n t h s . She. a lso w ill bc fitted w ith a to w in g engine fo r use in aiding disabled vessels o f th e fleet and can also s u p p ly th e m w i t h fue l oil by pumps from h e r o w n ta n k s . T h is vessel w ill he 400 feet lo n g , 55 feet b e a m , and 21 feet d r a f t a n d can b u r n e ith e r conl or o i l . ' She a ls o w ill c a r r y fo u r 5-inch *im s. “Poeo” B e n n e t t of H a r v a r d D e a d . C a m b ridge, lla s s . , Dec. 2 0 .— B e r n a rd Bennett k n o w n b y a ll H a r v a r d m e n as uPoco\ die d su d d e n ly to d a y . T h o u g h never a p a r t o f th c u n i v e r s i t y 'T o c o '' occupied a u n i q u e p o s itio n in coilcgc life ns b a n k e r to stu d e n t s w h o hnd exceeded t h e i r p a r e n ts 1 a llo w a n c e s and were in im m e d ia t e need o f fu n d s . Hy m a n y y e a r s o f b a r t e r , le n d in g and ex changing ‘T o c o - ’ am a s s e d a fo r t u n e . Spanish Ambassador Denies That Spaniards Aided Huerta's Cause W a s h in g t o n , D e c 2 0 .— Senor R iano, the S p a n ish a m t a “ ii< lw , n r t in g under in-triiction-' trm ii M a d r i d , fo r m a lly de nied to the S l a t e D e p a r t m e n t today th a t Spanish su b je c ts in M e x ico aided the H u e rta can»e, ns c o n t e n d e d b y General V illa, w h o d e f e n d e d h is a c t io n in con fiscating S p a n i s h p r o p e r t y b y charging th n t S p a n ish re s id e n t s in C h ih u a h u a had violated th e n e u t r a l i t y la w s . A state m e n t to t h n t effect w a s m a d e public by A c ting S e c r e t a r y M o o r e . The d e p a r t m e n t issu e d th is sum m a ry of late re p o r t s fr o m C-hihiiahua “The co n f is c a tio n o f Spam.-h proper ties in C h i h u a h u a is co n f irm e d by S late D e p a r t m e n t a d v ice s . G e n e r a l ^ ilia w said to claim th a t the expulsion o f tho S p a n ia r d s saved their lives as tlic y w ere in d a n g e r of massacre by the p o p u la c e \ F u r t h e r reports from C h iln y ih u a say G e n e r a l A ilia denies ordering fh e d e t e n tio n o f women nnd children refugees. T h e y arc said to he free to leave a t w ill. A* b r ie f dispatch from R e a r A d m i r a l l-letchcr says thc situation n t T a m p ic o is unchanged. I L O C A L N E W S T O - D A Y O N | | P A G E S 4 , 5 , 6 , 7 , 8 , 1 0 , 1 2 S
