The Houston Post. (Houston, Tex.), Vol. 27, Ed. 1 Thursday, January 11, 1912 Page: 2 of 16
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HOUSTON DAILT POoTj : THUIDAT UOEinG JA:;UAI.Y n. rJii:.
The Greaitst Mahtral
Q 80 Rennd Trip
V0 Every Day
TtCKTS C00I IIIEIT UTS FBI KTTJII
TICKET OITICE 217 MAIN
MILTON L MORRIS.
TAKEN ADVANTAGE OF OUR
We are of
$5 and $6
We bought entire line of Selby
Shoe Company's and Arm-
strong's Drummers' Samples
our two best makes at a
liberal discount Consequently
we lre enabled to offer you
real bargains if we can fit you.
Sample sizes are 3 1-2 4 and
4 1-2 A A A andB widths.
303 MAIN STREET
i motive are to take the place of tit lnw-
..M r ly mule. No 13 than forty big electric
locomotives will be required tor the
handling of shipe in the greet canal for
;' under no circumstance will a ship be
allowed to navieatc undr Its own pon.r
; . Two locomotives will tow each ship and
' . two will be fastened to the stern to act
. as brakes- The rana! commission has
. w just awarded a contract for one Inromo-
'' i tive and if it proves satisfactory thirty-
nine others will be called for at a total
cost for the forty of M3.f!i
Members of congress who have visited
the Panama canal aone. among them b-r-
'. tng Congressmen Burleson and Stephens
V1; of Texas are so pleased wtih the manner
; r: in which the work of canal construction
;- ;.te being conducted under i'olonel tieorge
' iW. Goethala. corps of engineer a. head of
i ' the canal commission that t-bey are talk-
Ing of hia promotion to the grade of brtga-
dier general one suggestion is that he
f.be appointed chief of engineers upon th
i retirement of Brigadier General William
H. Bixby on December 17. 1911. General
Geethals to remain In charge of the works
at Panama and the affairs of the corps of
engineers to be administered by an acting
chief of engineers in Washington. An-
V other suggestion is that Color.el Goethala
f -be appointed a brigadier general In the
f j the retirement of Brigadier Gen-
; ral Daniel H. Brush on May 9 of this
' ; year this being the only retirement of a
t ' general officer for age this year Colonel
: Goethota does not reach ihe retiring age
nta June . IMS. 1: is probable that
upon completion of the canal. efTorts will
' he made to have congress suitably reward
Colonel Goethals for his work bv special
Join Atlantic Fleet.
Many Texana who saw the great battle-
ships Florida and Utah while they were
.stationed at Galveston in December will
be Interested in knowing that on January
IS these ships will take their places in
the reorganised Atlantic tleet. Rear Ad-
miral Aaron Ward will be transferred
from command of the third division to the
command of the first division with the
; Florida as his flagship. The Utah will
' also be assigned to the first division.
Favors Free Raw Material
yt In the past there has been much sneeu-
tauton regarding the tariff views enter-
. tained by Governor Wilson of New Jersey
-. active candidate for the democratic presl-
t .In his speech before the National Dem-
? erratic dub of New Tork on January 5
Governor Wilson devoted himself almost
m entlrelyxlo the tariff and his campaign
: bureau Is now engaged in sending out
V copies of -that speech aa a means of in--i
farming the public of the beliefs and attl-
-tode of the candidate.
Jta this speech. Governor Wilson made
v It Hear that he favors free raw materials.
v a position which Is certain to create no
Ismail degree of interest in Texas where
Natt to sronsrifne nothing
restore health strength
and ritality like
"raTTTf" EaT" STOVES and
v'. Th kind that lasts a lifetime. Causes pieas-'"c-
re in the kitchen and happiness in the home.
Sanitarium el America
that phase of the tariff has been hotly
debated. In this regard. Governor Wilson
said. "Free raw rpateria! would lower the
coat of domestic manufacture would obvi-
ate the necessity for vicious compensa-
ting dmtes and would help domestic man-
ufacturer tn foreign markets. Such rates
ar -f no particular advantage to the
American farmer. m the contrary they
enhance the cost of almost every tool he
At about the time this declaration was
made h Governor Wilson the press was
filled with statements by the shoe manu-
facturers who enjoy the use of free raw
material that they would advance the
price of shoes which would seem to nega-
tive the atatement that "free space here
is too limited to attempt to comment upon
this phase of the governor's tariff speech.
Doubtless the Texas press will look well
after both sides of the controversy."
THE NORMAL BOARD
STATE BODY HELD BRIEF SES-
SION AT FOET WORTH.
Approved Plain for Proposed New
Structures at Denton and
lAssociatisi Prru Report.)
FORT WORTH. Texas. January ltl.
The Stare normal board of regents in a
brief session here this morning approved
plans for the proposed new J50.WW library
at the Denton normal and the li.)
manual arts building at the Southwest-
em normal at San Marcos. Adjournment
was taken at 9:30 and the members ot
the board went to Denton at 10:10 to nn-
ish their deliberations there.
The session here was confined to plans
of the 'architecta for new buildings. Ail
of the members of the board were here
excepting Walter J. Crawford of Beau-
mont and W. H. Fuo.ua of Amarlllo. Dr.
W. H. Bruce president -f the Ienton
norma!: H. F Estill president of the
Hunisville normal and (. E. Evans
president of the San Marcos normal were
also present. R. B Cousins former State
superintendent of public Instruction and
now president of the State normal at
Canyon city could not attend.
Th members of the tnwirtl who were
here included State S j peri n tender. t K. M.
Bralley and Peter Radford. Mr. Craw-
ford and Mr. Fuqua w ill Join the party at
ELECTION WAS RATIFIED.
Bonilla as President of Honduras
Given Official Approval.
lAttocitti Prtu Referl.)
TEGUCIGALPA. Honduras. January
IS- Congress today ratified the election
of General Manuel Bonilla as president
of the republic and Dr Francisco Bo-
grau as vice president. Thev will be in-
stalled February 1. The new cabinet It
is reported will be constituted as fol-
lows: Minister of foreign affairs. Marano Vas-
ques; war. General Andres Leiva: In-
struction. Manuel Villar: government.
Francisco Benrand; finance. Francisco
Belton White Kan's Primary.
(Hul Pen ScrciaJ.) )
BELTON. Texas. January t The white
man's primary for the city of Belton has
been set by the executive committee lor
the twentieth day of February. There
are several candidates for muvt of the
offices and the campaign is warming up.
The nomination of the white man's pri-
mary Is equivalent to an election for the
offices of the city of Belton.
Malaria Makes Pale. Sickly Chile ren.
Th OU Suseanl araee's Tuttlen Cklll Tonic
drier t aMIsrii and build us th systt-ia.
far srows imp! aae cbiMrrs. S4c.
Employe of Armour Told How.
Test Cost Wis Worked. ' . ;
LETTERS NOT IN RECORDS
Judge Carpenter Knled That Hota-
tiomi on Prices AUeged t.-HaTe
Bee Written by Armour Must
Be Stricken Out.
(Atitrietti Prtts Korf.1
CHICAGO. January 10. -Methods Saw-
ployed by the imckers on Jrlal before
I'nlted States District Judge George A.
Carpenter for criminal violation ofthe
Sherman law In computing tiie unl'orga
test coat of slaushterini! animals whlcn
the goernment contends waa the basis
used In fixtnc tlie margin of profit and
selling cost of fresh meat were revealed
rrtday bv Henry . Moyer. for tsrenty-
five years in the employ of Armour Co.
now In charge of the dressed carcass ac-
He declared that after the Injunction
Issued by Judge C.rosscup In 10S the
Instructions given him by his superiors
regarding the Items used In figuring the
test of cost were communicated to him
verballv and that th sheets containing
the data were always destroyed after six
Mr. Moyer waa questioned by District
"What position does J. Ogden Armour
hold with vour company?"
I don't know but we all call him the
boss." replied Moyer. who said he fig-
ured the test cost on cattle handled by
Armour Co.. and that he gave the fig-
ures to Arthur Meeker and the cattle
buvers when required.
"Weeklv reports on the test cost of
cattle slaughtered were reguarly sent
to Mr. Iowrie and Mr. White of the
dressed beef department." he aald
Mover gave a detailed description of
the methods emploved in figuring the
test cot of animals. The cattle he said
were divided into lots and designated by
the name of the company's buyer who
Th wttness said that twenty-two years
aso Armour & Co.s charge for killing was
Si a head A ff years later It was in-
creased to Jl i". Tlien It went to 2 the
witness said. Mover declared that during
the railroad strike in 184 the killing
charge rose to $3 . When the strike was
over tl.e charge was lowered to S2.75 and
has continued at that figure until now.
Judge Carpenter struck from the record
in the trial certain papew and letters
hearing potations pnrportig to be In the
handwriting of J. Ogden Armour one of
The ruling mas. on motion of the de-
fense wl'h ti contended that presentation
of evidence to the jury without definite
connecting linits wmild be prejudicial to
th def.-ndnnts other papers bearing
similar notations purporting to be in the
handwriting of other defendants were
permitted by the cotet to remain In the
record but tile court ruled out witness
Jerome H. I"rstt's testimony Identifying
RAILWAY OFFICIALS ON TOUR.
Heads of Southern Roads Coming to
iHtustm Post SfciaLy
SAX ANTONIO. Texas. January 10.
Officials of the Queen and Crescent the
Alabama Great Southern the Vicksburg.
Shreveport and Pacific the Texas and
Pacific th International and Great
Northern railroads spent the greater
part of todav in Pan Antonio. They are
making a visit to the principal cities of
the State. Their special train of five
private cars reached the city this morn-
ing at 7.15 o'clock and after seeing all
of the points of interest around town the
railway men left at 4 o'clock for Hous-
ton. In the southwestern part ol the
State their trtp has been chiefly over the
International and Great Northern lines.
The officials will make only a brief
a tup at Houston and It is likely some or
these avUl wish to inspect the seawall at
Gs I vest on.
The perKorme" ef the party includes:
I. D. Durran president of the Queen and
Crescent. New Orleans: T. K. Steele
freight traffic manager of the Queen and
Crescent. New Orleans: N. B. Hearn su-
perintendent of the Vicksburg Shreve-
port and Pacific. Shreveport. La.; L.
Sevier genersl agent Southern railway.
New Orleans; Ex T. Steele freight traffic
manager of the Alabama Great Southern
Birmingham. Ala.; N. M. Leach assist-
ant to the president of the International
and Great Northern traffic manager of
the Texas and Pacific railroad: H. Mar-
:lnvice president and general manager
of the International and Great Northern
Houston: W. A. Turner general freight
agent of the Southern railway Memphis
Tenn.: E. 8. Morgan general Southwest-
em agent of the Queen and Crescent sys-
tem. IaJlas; William Humphreys com-
mercial agent of the Southern Railway
company Dallas; W. B. Fergeson. master
mechanic of the Vicksburg Shreveport
and Pacific Monroe La.
GOVERNOR HARMON IN DENIAL
Declared Daughter Nerer Wrote of
His Hoping for Bryan's Defeat. v
(Associatti Prrss Report. ) -COLVMBCS
Ohio January 10 Gover-
nor Harmon today denied printed state-
ments that during Mr. Bryan's last Vam-
palgn a young daughter of Governor
Harmon wrote to a girl friend In Texas
that ''Papa hoped for Mr. Bryan's de-
feat because It would make his own
presidential prospects brighter." The
governor said :
"My three daughters all married and
left borne long before the 190S campaign.
"Not one of them ever had a girl friend
"1 have two granddaughters but one of
them was ten months and the other six
years old in 1908.
"Neither tn the family circles nor else'
where did I eger make the statement
mentioned nor one of like import.
"This story would make me both a liar
and a hypocrite anskjrlth all my faults I
never have been eithefr- rT
W. D. SCHTJTTE ENDED LIFE.
Was Alderman of Town of San Fe-
lipe for Several Tears.
(Howlion Poll Seeriai.)
SAN FELIPE. Texas January 10. Wilt
D. Schutte of this place killed himself
here by snooting himself through the
heart with a JJ -caliber rifle resulting in
Immediate death. Mr. Schutte was In the
front room of his home when he commit-
ted the deed while Mrs. Schutte was In
the kitchen attending to household af-
falrs Mr. Schutte had served the past
two or three years as an alderman of
this plane and was well liked by his
friends and neighbors. Decedenc leaves a
widow and flv small children.
(Houston Pott Sfoeim!.)
tW TOBK. Jaasary I. Arrives: El Sod
Galveston: sailed sea Marcos. . Oalvestos: U
ST. LOCI. StsaBMo: Sta. Maitataxv Gilres-
HAMBURG. Jsauarr a. Arrived: Nonlboea
UVKttl-OOU Jisnary t. Arrived: Victoria
Dr LarrlBaaaT Oalfntoa; 10th Mecaaateaa
If Your Head Aches
Tn stsM Tate th mrm Ramofe
' Taera'a om lot wrary hfl-fn. .
CaygHim rescue that sntt qaiekiy
whether it be' heat cold grip?' ot
tomaeli trooblea nd cares rrea thongm
H b sick or aerroaa acadaeb. ; .
CagwcIiiM ta th swart multf for
Colds aad Grrpp reTwuAnesa Ache
ad Nerroosnesa disappea. a4 Bprasal
eowditicsBi ar restorscL -; :i
- Capsi-lHa aUcl-sya4p!i.Bs
atake ' aets imsssdiatelx- '
Is of great-jervice in making the
blood icrf the' right quality and
quantity normal in red and'j
white '; corpuscle and all others
constituents; '! t
Get It today ta usual liquid form or
etiooolated tablets called tares tab.
AlcManigal aod Father Testified in
EVIDENCE WAS IMPORTANT
Questions as to Who Besides McNa-
maras Helped Carry Out Details
of Plot That Ended in So
(Auocitti Prtu kefrt )
I.VDIANAPOU8 Ind January 10.
The most Impertant evidence yet obtained
in the government's investigation of the
dvnamlte conspiracy Is believed to have
been presented to th Federal grand Jury
today. The points In uhlch trie line of
Inquiry waa directed wer. said to pertain
to the complicity of other men than thus
already convicted or indicted and to have
raised the question as to -
Who handed OrUe K. McManlgal an en-
velope containing lt In Chicago a few
days after he had blown up pari of a
railroad bridge l Clinton. Iowa on rcb-
ruary IS lsol?
Vi'ho met Mm In Boston and showed
him where to put the dynamite which
partly destroyed a new opera liouve mere
on March 27 10S anil who subsequently
went with him from Boston to Springfield.
Mass.. where McManlgal blew up part of
the municipal buildings"
VThomet him in New York city In Sep-
tember IMS and escoried him to lio-
boken. N. J. where he attempted but
failed to alow up a viaduct"
Who met him In Jersey city N. .T. July
9 J10 and pointed ouj a viaduct which
was to be blown upT
Who met McManlgal in Teorla. IT... and
took him about town to show him some
iron In a freight yard ;nch laicr Mc-
Manlgal blew up?
Father Was on Stand.
McManlgal and his father. James F.
McManlgal of Tiffin Ohio. In whose shed
stores of explosives were V p m readi-
ness to be carried wherever a ' iob" was
to be done were before the crand Jury
almost all day. '
The persons who met h.m at various
places according to McManinal. were oth-
ers than the MeN'amara orotlnrs. Much
of his testimony had ben cntroborattHT
bv witnesses who were called tiAestify as
to having seen him at the ilmn and at the
places mentioned. James McManlgal Is
said to have confirmed hi son's story
ahout visiting Tiffin to gt-r ircsh supplies
STEEL TRU TS STORY
TOLD BY CARNEGIE
(Continued From Iise One )
few years ago that the Sherman law
was passed so long ago as 18S0. It c
tainly was not much heard of until loiv
Disposition of property.
Asked about the option valuation of
$320000000 and the f nal disposition ot
the property to the s'.eel corporation In
101 for a muct) larger sum. Carnegie re-
lated the history of l is retirement from
the steel business. 11 told how Charles
M. Kcliwab then president of the com-
pany had come to h:m with a message
from J. IMerpont Mo-gan asking him if
he desired to letire from business and
how much he wanted for his properties.
"I told Mr. Hcliwal that It would de-
pend entirely upon n:y partners i was
ready to go. Alread: I had become en-
gaged In arduous woi k. trying to dispose
of surplus wealth a id I was willing to
retire. Mr. Schwab said the partners
were willing and 'h went back to see
Morgan. When ne returned he said
Morgan wanted a figure We went over
the estimate and considered the former
option of t32O.OO0.0OC Schwab had fig-
ures to show that 8 nee that was given
about two and a hulf years before the
proper! v had grown n value about $100-
00000. He thought ve ought to add that
and I agreed with him. Mr. Morgan ac-
cepted that figure."
"But you sold for more than that to
the Steel oorporatlon ." he was asked.
"Thst Is not true" Mr. Carnagle stated
"that was our valuation and Mr. Morgan
accepted It as fair. I have since been
told I could have had JI00 000000 more
If I had asked it. Once and for all I
want to put to a stop this talk that I
was holding out for an excessive price.
We fixed a fair variation of S420.000.000
and got it. There a the truth gentle-
men and I am here to tell you the
Never Took Rebates.
"But the .Steel corporation." said Mr.
Gardner ' issued bonds worth 49S.00.-
1(0 against the Carnegie Steel company
when.it was absorbed."
"That's very surprising to me." said
Mr. Carnegie. "I never knew that this
was done and was not a party to such
a thing. '
When asked by llr. Gardner about the
statement made by Senator OUiver that
the Carnegln company received railroad
rebates Mr. Carnegie declared:
"It's astonishing how suspected an
honest corporation can be. I never re-
ceived a rebate that 1 know of in all my
Mr. Carnegie related how he had fought
the Pennsylvania railroad because of dis-
crimination In rates against him how he
In teres ted the Yanderhllte in a project to
erect a competing road and how the Van-
drbllte had "gone over to the enemy"
ending the project.
"When this fell through I went to
George Gould and told him that years ago
his father. Jay Gould had told me he
would furnish me the money to buy the
Pennsylvania railroad and would put dne
tn change of it If 1 would devote all my
time to it. I did not take the job. Then
I said to George Gould that inasmuch as
Ms father had given me that opportunity
and I offered to gtve htm the Carnegis
business If he would run Ms road into
Pittsburg and It waat my suggestion
that the Goulds went to Pittsburg with
the 'Wabash railroad."
Story of Steel Corporation.
Mr. Carnegie declared that Instead of
the Carnegie company having received re-
bates as a matter of (act he had forced
the Pennsylvania by threats to build com-
peting roads to agree to give him rates
as low as those given competitors.
When Mr. Carnegie first-took the wit-
ness stand he furnished the committee
with a statement regarding steel industry
conditions and told uf his career In the
Mr. Carnegie said he began Ills steel ca-
reer la November. lSil with the firm of
Miner 8mal! and that in 1S he bor-
rowed J1500 from the National bank of
Pittsburg to engage In partnership In
the Keystone Bridge company at Pltts-
feorg. . i
"Five or six of us." he said "were en'
gaged In this. In 18(3 we built another
mill In Pittsburg and in 1 I was one of
the organizers of the -Superior Ors Milt
and Furnace. In W4 we built the loco-
motive works in Pittsburg; and In 1M7
we united two other mills in Pittsburg;
that ..was the beginning of the Carnegis
Hteei eompeny limltedj' . .
. "In interesting other men with 'you In
those earry days" Cttalrman Stanley
4. "did von do so & selllna stocks la
. tV' all street or other eacbacfes or did yo
'? islsttie way in which toconsider and judge title! guaranty. You'
rtas a brdpcriy owner need to have your title guaranteed because it vv;v f
?aeainst1oss. If voa buv orooertv without a euaranteed 'title you are M
A cheating yourself.
Houotbh Title' 6
aaturNBt rnviB4 a "x-s : ' - yvst uunt esntw 'a BtjfCTAM'
' sninwn 0isnnaiirrsiBCH . '-innnifl a !
. ' '
GUARANTY FUND BANK
Paid in Capital-One-Holf Million
Now offer? to the public its facilities in tlie following lines:
Receives money on deposit; purchases good vendor's lien notes; under-
writes buys and sells bonds and'securities ; loans money on approved real estate;
examines and guarantees land titles; issues -Surety and fidelity bonds; rents
safe deposit boxes ; acts as trustee or fiscal agent for corporations firms and in-
dividuals and executor and trustee of estates; also as guardian.
Come to See Us
Ths non-interetrt bearing and ursaeurad ctspasrta af ttihi bank art pivtaetad by the Depot
ftors Guaranty Fond ot th Stats) ot Twxaa."
get men of experience In the iron busi-
ness?" Denounced Financial System.
"Oh no. 1 did not look for men who had
no experience in the Iron business. I was
one of the youngest of these men and w-e
had vcrv little capital. At different times
we would put In 120000 or $30000 each."
"What was tlie capital of your proper-
ties in the 0s?"
"My dear sir. I have no more Idea than
"I have an Idea." replied Stanley. "Was
It as much as 600.000?" v
"Oti ves; the Superior mill alone was
worth that but I do not want to guess.
;lvo me time and I will give you all the
figures. 1 have had so much -to think
alxmt for forty years and In the last
eleven years I have not engaged in the
steel business and so much has faded
from mv memory."
Mr. Carnegie denounced the hanking
system of the I'nlted States as a "dis-
grace to civilisation."
"When panics come in this country" he
said "they are due to the fact that we
have the worst banking system tn toe
world. Panics spread ruin and if the
now before congress Is passed you will
have something to prevent such panics.
In a "Transition" Stage.
Mr. Carnegie In the written statement
filed with the committee pointed out that
the steel committee's task had arisen
from the fact that the law of competition
in business has seemed recently to be
imimlrcd in certsin fields notably those
of natural oil steel and tobacco. Even
now a gigantic railway system embrac-
ing nearly one-half of the world's rail-
way mileage has been affected and sev-
eral retail companies have been tried and
convicted under the Sherman law be
"We are in a transition stage" Mr. Car-
negie said "and naturally suggestions
are numerous and diverse for effective
compliance with the Sherman act as In-
terpreted by the United States supreme
court. Thst a satisfactory measure will
finally be evolved is certain -one which
does not go further than actually neces-
sary to prevent restraint of trade and
"These two unendurable evils prevent-
ed the government and courts may well
rest from further action" ujrtll experience
dictates any necessary modifications.
There Is no cause at present for either
alarm or haste upon the part of the
courts congress or producers or consum-
ers whose Interests will become mutual
wherever freedom of trade from monop-
oly pre established. Nothing revolution-
ary 'is required."
Schwab Mechanical Genius.
Continuing the verbal story of hut life.
Mr. Carnegie said that during the war
between the States he suffered a sun-
stroke and waa ordered to spend his
summers in a cooler climate.
"I went to my native land Scotland
and there I watched the Bessemer process
of making steel. There too I met A
Mr. Dodds who had invented a patent
for hardening the face of steel. I pur-
chased the patent and brought Mr. Dodds
to Pittsburg where we built a furnace
and made the first bard aurface rails) la
Mr. Carnegie referred to ' "That great
mechanical genius Charles Schwab1 aa
the "greatest' man t ever knew in .that
Mr. Carnegie said he suggested Vt
Schwab that he test A process for mak-
ing ere In open hearth furnaces and then
"build an open hearth furnace."
"Charlie" according to Mr - Camegls
"said he would try- and it waa not more
then . a week later thst ha cams tA ma
"TfT my office In New Tork and laid on my
desk plans tor etgtu -magnificent open-
: v. COLOeV CAU8K MKAOACHb ';-. ':
LAXATIVE BROMQ Ottinin the sVorla wide
Colil and- Crip remedv removes cause. Call for
lull nunc Uok for signature E.W.CK0V& si.-.
' Look the ! matter i upinvestlgate-kriow what pi&K-
ADIES ARE. ESPECIALLY INVIT-
ED TO CALL AND INSPECT OUR
CONVENIENT BANKING HOME
The Union National Bank
' Of Houston 'rtxas
. CAPITAL .... $1.000000t0r
Safe Deposit Boxes
In sites to sait almost ny -requirement
tdt ndL Will .
be pieasM to show ana e- SgU
plain them to ytxi.- -11
Houston Land STrust Company
Ck arise. HTS-wllaeat saskisi privueses
MAIN AMD rRAMKUN ST&
dor. rtestoa asd raaals. rbose Prestos BOSS
Derlrabl oOces for rent vacated sr Stsrta-
era Faelk niavtaa to owe balUiac. Flie-
pmnf with all sssdera easBtoss. New
doable lvatar ' servle. No tans wsttlac
all alabt strvice. Lars rases Sib auer
eaaaaed to salt tesaaL
hearth furnaces. We sold open-hearto
steel for 5 a ton more than other steel. '
Mr. Carnegie said that In the open-
hearwi mills at Homestead "the greatest
in the world." the committee would find
no "restraint of trade."
Tube Mill Planned.
Mr. Carnegie frequently pounded ths
table with his hand. .
"Why." he gald."re were going to
btpild at Conneaut. Ohio an enormous
tube mill that would have astonished the
world and outdistanced competition.
That's where Charlie Schwab comes in
again. He told me he was satisfied he
had a plan whereby we could build a
tube mlU that would save fit a ton In
the cost of manufacture over any other
tube mill In the world.
Mr. -Carnegie explained hew the Steel
company had purchased five-sixths of the
Oliver Mining company's stock In the
Mr. Stanley asked him why the final
sixth was purchased on a valuation basis
of tl7.HO.000 for the whole tract though
originally the company was capitalised at
only SUM 000. v
Mr. Carnegie expressed surprise at this
"At any rate." he exclaimed "we would
have paid I.S.WO.OOO for the whole tract.
I'm not surprised at anything nowadays.
If that Is true what fools We were to sell
our property t the United States Steel
It was then explained that llT.Ott.OOO
valuation basis was that of ";tha whole
tract and not ih sixth.
-Even then Mr. Carnegie said that if
such a . sum as Indicated by those fig-
ures was paid ha was surprised that he
"was such a f oni to sell our property to
the steel corporation on the basis of
S4 80000000." v
Then a moment after Mr. Carnegie
turned to the Chairman.
"My friend." he said "You will Have to
ask somebody - who know about those
figures. I never heard of them before."
Boy Accidentally tolled. I
DALLAS Texas January II Doyle
Jordan.- 14 years of age waa instantly
killed this afternoon In oak Cliff aa a re-
sult of the accidental discbarge of a snot
gun. The entire back of the lad's h sad
was tern away by the charge . .
In company with his another Mrs. H.
E. Jordan and an aunt and sister the lad
had been out drivlng-ln the country.
How 'A Simpje h.a.e;
. WiA Kemove Hairs
- (Modes aad Tonette.f
Many beauty stMclaiurts now employ
simple powder knows as delatone for the
removal of superfluous hairs and Whiten-.
iiot the akin.
4B. - - - '
arlahtnar te resseve fuss ar hair.
growths front -the skin without employ
ing the painful and costly electric! needle
should buy aa original package ot dels-?
tone from the druggist and with A little
mix enough water to form a thick paste.'
Spread this en the skin's surface aad
after two or three minutes rub off and'
wash. -You' wlH find the hairs are. gone
while the skin Is left white- ana smooth.'
While detetone roett A dollar a peck
age- it is realty the cheapest and most
satisfactory thing .one can use as It la
uniwiiin. - . i- ... yi k -
" i-'Vls. . 1
Mwvta J. Moors
i. O. Hetlay
AotNw Viae Pres.
Jenn M. Klry
B wV Brwfia
Vic s resident
M. Jo. Oslsslmaw
A. St. aheffer
N. a. MW.TreaasTer
Jne. H. Klrfey '
ft. C. Otfrf
M. P. Oeleelmsa
-K. W. Sroww
W. L. Hill
Monta J. Mews
J. O. Hefley
A. It. eheffer
W. M. Brunts
O. M. Henderssa
C J. von P.ieenberf
H. C Sehwhmacher
R. Si Creager
H. A7 PaMe
WEEKLY PUBLIC AUCTION
Stocks and Bonds
Saturday Jaft. IS; if) at IfTa-m
301-2 Union HMtorusl-Sank; Jldg.
5 HOUSTON TEXAti"
22 Shares Westem CatejaKy
Guaranty. . ' '
50 Shares Southwestern Surety.
25 Shares Southwestern Surety. "
15 Shares San Antonio LHe.
40 Shares Amicable Life.
25 Shares Southland Life
25 Shares Kettrell Brass Mfg. Co.
If unable to attend send
bid by mail or wire.
T. F. DENMAN & GO.
STOCKS AND BONDS
At Public Auction and Private
MADE TO OKDUl HOSTE SETTEX MADS
Loose Leaf Ledgers
'211 rAlfMK STJ&ET
Obtained and Trade-Mark registered.'
Consultatloa and lnlermation free. Write '
for Inventor's Quid Book. Offices at'
Houston and Washington. Main offkw
Houston. Lumbermans Beak Building.
HARDWAY 6. C A THEY
f ' '
Orders executed for New Vork Listed-
i atocks en semmlselon.
Local and ether atocks and Sense
bought and sold. t
WM. SL KINO. '.W. D. SHKRVvOOO.
WM. 0 KING A CO.
Stock and Bend Dealers. -
eiii & so:is co
Maters and bjiahert
LANOK EDITION' ANO COLOR
PRINTINO A SPSClALTY.
Phons 1472. HOUSTON. TKXAS. I
wi sjs-mi barettne wy .
i ' f SBstaaalw. f
! clkws trust cokrAinr
Uu& V. 'Rtnhiui&CQ. .
MrU Nstkm'al Bsek Bulldlns. ;.
. i' ; WOUBTON TEXAS. ' f
V Housres J
v.. - - . '
'" i '
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The Houston Post. (Houston, Tex.), Vol. 27, Ed. 1 Thursday, January 11, 1912, newspaper, January 11, 1912; Houston, Texas. (texashistory.unt.edu/ark:/67531/metapth605208/m1/2/: accessed February 18, 2019), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .