13 Apr 1901
Page 1
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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Apr 13, 1901
Page
1
London dispatch notes J Pierpont Morgan’s standoffish reception as he denies United States Steel Trust links and insists shares were allotted in America. Reports on a possible Anglo American steel alliance fade amid Belgian competition, while English press criticizes policy toward China and London traffic congestion grows. American medical literature gains ground in England as Appletons and others push U.S. authors.
In a London interview J Pierpont Morgan says the Steel Trust would steady the British steel market and that trade should not suffer in Britain or Germany. He denies plans to place trust securities on the market, stating no surplus capital to give away and that shares were allotted long ago. United States stock listing expected by end May.
Berlin reports widespread industrial distress with a quarter of workers idle or underemployed. Reduced production, plant closures, and labor cuts sweep Silesia and other sectors. Uncertain policy and fading demand abroad threaten capital, with factories like iron works, plate and tube mills, textiles, and electric goods hit hard. The piece notes broader wealthier classes feeling pressure as well. Poland appears as stray emphasis in the text.
The Cuban Constitutional Convention votes 18 to 10 to oppose the Platt amendment citing clause concerns and drawing methods. Conservatives call the stance embarrassing as it could limit any Washington mission. Separately, Charles Fr. W. Neely gains permission to sell his Havana brickyard and land, with proceeds held in trust pending postal funds embezzlement case resolution.
Havana April 12. The men sentenced by Captain Young yesterday were released. Americans and Cubans denounce the act as an outrage and a usurpation of justice. They claim Young lacked jurisdiction over crimes outside the harbor and General Wood calls the timing unfortunate.
Washington April 12 news reports the appointment of Ernest Fonts y Sterling as deputy auditor of Cuba. Fonts has previously served in a similar role under Major Ladd and is now formally made a civil official advancing the island’s civilian government.
Peking reports a committee of ministers concludes China can raise 300 million dollars without exhausting its resources. The panel expects further indemnity resources may exist while shifting from politics to amusements. Russian Easter celebrations continue as ministers urge foreign troops to depart from Peking.
London reports Britain has not fixed cash indemnity from China. The government prefers trading privileges over lump sums, aiming to open rich Chinese provinces to foreign commerce for broader benefit to all parties. Dispatches note French troops to withdraw 7000, Germans to repatriate infantry brigade.
Tien-Tsin April 12 trade prospects are extremely gloomy. Chinese importers and wholesale dealers fear due to the disturbed state of the country and uncertainty about the future. Customs collections for the March quarter were 37 000 taels versus 120 000 taels a year earlier.
A German outpost at Tung-Kia-Fu west of Tien-Tsin captured a robber band of four Americans and four Chinese, according to a dispatch from Peking dated yesterday in the Kiinische Zeitung.
The Examiner reports ships sailing from our coast to Chinese and Japanese ports are required to carry extra insurance and be rated as war risk. This raises premiums under special hazards due to Japan and Russia tensions. The Hong Kong Maru, a Japanese line vessel, first to carry war risk coverage, sailed yesterday with extra hull and cargo lines. Talk of big cotton goods trust.
Report from New Orleans notes private wires from New York claim a billion-dollar cotton mill trust is forming with J P Morgan & Co cited as a financier. Local cotton goods figures J H Lane Captain F Norton Goddard say they know nothing and doubt the rumor. Poland Poland Poland ad and Jaynes Expectorant ads appear.
The United States signals a plan to cut its indemnity in half if other powers do so, aiming to keep total claims within Chinese resources. The U S total is about 25 million dollars for injuries and relief costs, with Europe debating larger sums well over 100 million, while Britain and others prepare figures.
London reports present negotiations on abrogating the Clayton Bulwer Treaty between Britain and the United States proceed on a quid pro quo basis. A British representative notes no alternative method will be considered. Officials hope for a settlement satisfactory to both nations before Congress reconvenes in December.
Baltimore, April 12 Special The great rail and marine steel works of the Pennsylvania Steel Company at tidewater Sparrow's Point below this city will, it is now believed, be acquired by the United States Steel Corporation within the next month. A Philadelphia syndicate has bought 10 million dollars of the company's preferred stock to be issued under the reorganization plan. Funds to pay for iron mines in Cuba will come from the same financing.
A fight over a planned charity benefit at Murray Hill Lyceum last night drew sharp criticism from the Charity Organization Society. The promoters pledge to aid hungry and homeless men near Fleischmann’s bakery and Fifth Avenue and Twenty-fifth Street, while organizers defend free giving and avoiding investigations, planning a fund to supply clothing bread and lodging without delay.
General Kitchener reports Colonel Monro’s mounted infantry took eighty prisoners after two hours of fighting at Lietfindeque near Dewetsdorp. Commandant Bresla among the captured. London dispatch dated April 11. News notes government to cease reinforcements to South Africa. Buller praises Canada and Australia for aiding Britain in South Africa and urges concessions to new nations.
Nylstroom Transvaal on April 7 reports all inhabitants have been sent to Pretoria. The town sits eighty miles north of Pretoria along the railroad line.
Miss Ellen A. Griffin a once prominent New York socialite died in a plain East Eleventh Street room. She left 10 000 to Mary McGivney for the care of her dog Dandy Jim, with rest of estate to nephews and nieces in Santa Barbara. Funeral plans are handled by A. W. De Forest of New Haven.
Attorney B Gerson Oppenheim states Lewis G Tewksbury who fled to Mexico last July with debts near 600000 will advertise a meeting of creditors to inform them of full payment. Tewksbury, once a bucket shop operator, traveled from Chicago to Mexico City where he claims government contracts under Diaz funded his fortune. He used the alias Louis Thorne and is now in mining in South America.
The Navy Department said the North Atlantic Squadron now at Culebra will arrive at Hampton Roads on April 24 or 28. The report ends rumors it would be sent to Venezuelan waters.
Excitement grows over Deming New Mexico oil discovery near El Paso as the Okeffe Company, capitalized at 500000, hires contractors for wells and more firms prepare to organize with up to 1000000 in capital. The United States Geological Survey first drilled, oil gushed from six hundred feet, field lies seventy miles from El Paso.
London April 13 report says a serious seditious movement is spreading among natives in Pietermaritzburg. It is led by native ministers promoting Africa for Africans and urging natives to reject European control. Authorities monitor propaganda but avoid direct intervention to avoid martyrs.
The Illinois House adopted a resolution lauding Paul Kruger as a leader in resisting British oppression and upholding home rule. It also invited him to address the Illinois House if he visits America, signaling broad support for his cause. A separate Amsterdam dispatch notes police in London uncovered possible plots against Mr. Kruger with one suspect confessing.
Oswego dispatch reports Henry H. Lyman State Commissioner of Excise is critically ill from heart trouble brought on by grip. He returned home from Albany and Syracuse doctors have been summoned by Oswego physicians. The notice also mentions a special Pennsylvania Railroad train service from Atlantic City to New York on Sunday afternoon with Pullman cars and dining car stopping at Trenton Elizabeth and Newark.
London reports the king plans major changes to abolish peerages and honors awarded for purely political and party work. The piece also references Japan and the Far East and mentions travel routes to San Francisco via a named railroad line.
William H. Crampton, Brooklyn adventurer and lecturer, underwent tongue removal at Seney Hospital to combat cancer. Surgeons removed a front portion of the tongue with a diagonal cut, leaving hope that nerves may revitalize and allow speech again after healing.
Prominent Republicans in Albany report Governor Odell may back amendments to the New York Charter Revision bill after a war council with Speaker Nixon and four senators and assemblymen. Key changes include limiting board power over private school funds, trimming borough advertising costs, and restoring an appointive system for city magistrates. The mortgage tax act is also targeted for speedy passage to boost state revenue.
Governor Odell, arriving at Grand Central, met with Congressman Sherman Littauer and Emerson then dined with them at Fifth Avenue Hotel. A brief talk with Senator Platt preceded plans to meet today with other Republican leaders to push supplemental legislation and address bad features of the charter revision bill including subsidies to newspapers and private school grants.
Fifteen hearings on legislative NYC bills are set before Mayor Van Wyck at City Hall. The main event is the 1 PM hearing on the amended charter with likely opposition from twenty speakers. Other Monday hearings cover Kings County Clerk, Sheriff, and Register bills, plus Carnegie Library and Forest Park reservoir amendments.
Friends of Randolph Guggenheimer plan a brisk campaign for him as the Tamany city convention approaches Manhattan borough president nomination. He seeks the post but details remain unclear as supporters mobilize locally.
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