Democratic watchman. (Bellefonte, Pa.) 1855-1940, October 21, 1910, Image 6

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    Bellefonte, Pa., October 21, 1910.
—— —
Tener Connected
With Swindlers
Philadelphia Newspaper Makes Charges
Against Him.
The Philadelphia North American, a
Republican newspaper, makes grave
charges against John K. Tener, the
Republican candidate for governor of
Pennsylvania. It accuses him with
baving been associated with profes-
sional crooks to swindle innocent in.
vestors. According to that paper. Mr.
Tener accepted the presidency at a
salary of $5000 a year, a seat on the
board of directors and a honus of $50.
000 worth of the stock of a corpora-
tion which had no assets, and the
capital of which was worthiess shares
{n four other bankrupt corporations, It
alleges that Mr. Tener was aware of
the character of the company and
traded his name to the bogus corpora.
tion for the consideration of the sal.
ary and the bonus, in order that his
associates in the swindling operation
might be the more successful in dup-
{ng their victims, innocent investors.
If what the North American asserts
{s even partially true, John K. Tener
is not only unfit for governor, but he
is unfit to enjoy personal liberty. Only
a swindler and conspirator would
knowingly engage in such nefarious
operations, and if Mr. Tener got in in
the way described by the Philadelphia
newspaper, and after getting in acted
as the Philadelphia newspaper alleges
he acted, he is nothing more nor less
than a dishonest scoundrel, and no
honest or patriotic citizen can vote for
such a man without stultifying him.
self. Not only that, but it becomes
the bounden duty of every honest and
patriotic citizen to employ every hon.
est means available to prevent his
election to che office of governor or
to any other office in the gift of the
people. Failure in this is recreancy to
the palpable duties of citizenship.
If John K. Tener is guilty as charg.
ed by the Philadciphia North Ameri.
cap, any man who votes for him,
knowing the facts, or in any way con-
tributes toward his election to the o!-
fice of governor, is accessory after the
fact to his crime and equally culpable
with him. Failing to vole against him
or voting for a candidate who has no
chance of election is contributing to
his elevation to the office and. it is,
therefore, the duty of every honest
elector to not only not vote for Tener,
but to vote for Webster Grim, ta2 caly
candicate who has even a remote
chance of defeating hima, We do not
say that the charg»: are true, though
the tes!imony presented by the Phila.
delphia North American is strongly
supported by circumstantial evidence.
But we do believe that sufficient has
been revealed to create suspicion and
protest that no man under such a
cloud of suspicion should be elected
governor of Pennsylvania, and that the
only way to prevent that shameful re-
sult is to vote for Webster Grim.
Following is a summary of the
charges made by the Philadelphia
North American as presented in its
columns the other day:
John K. Tener is the business friend
and associate of swindlers, convicted
and unconvicted.
He sold his name a: president of a
fraudulent corporation formed and
conducted by these men, the consid
eration they voted him, on the day he
was elected. being a salary of $5000 a
year and $50,000 in stock.
By the use of his name as president
and director of the swindling concern
they have sold its worthless stock to
the public.
The Tener corpcration is capitalized
at $2,000,000, the issue being based
upon the worthless remnants of four
other corporations, organized and
wrecked by the same swindlers, which
wad fleeced numerous investors.
Its literature, bearing prominently
the name of John K. Tener as presi
dest and director, is a mass of false
and misleading representations.
The “assets” of the corporation to
which he sold the use of his name con.
sist of the “assets” of bankrupt fake
«<orporations, which were falsely val
ued at $2,000,000 and made the basis
of a fraudulent issue of $2,000,000 “ful!
paid and non-assessable stock.”
* Tt was of the company issuing this
fraudulent stock that Tener became
president and director, and it is this
framdulent stock which has been sold
by the use of his name, the selling
being done not only by his fraudulent
corporation, but by two fake banking
concerns, formed by his associates in
that company.
The fraudulent corporation was
formed and the crooked stock issued
on Dec. 13, 1909.
On motion of Tener's close friend
and business assoclate—who is a pro
fessional promoter of swindles—Mr.
Tener was elected a director and pres.
{dent on Jan 4, 1910. His friend, the
professional promoter of swindles,
thereupon became vice president and
&eneral manager,
On motion of this same friend, the
salary of President Tener was fixed at
$5000 a year, and there was voted to
him sn additional bonus of $50,000 of
stock in a paper railroad which was
among the assets of the concern.
At a later meeting, President Tener
being present, the secretary was in-
structed to attend to all matters of
general business of the swindling cor-
poration, keeping in touch with Mr.
Tener.
Mr. Tener remained president until
May 2, 1910. when he resigned. This
was about the time his selection by
Senator Penrose as a candiZat» for:
governor was decided upon. He dii not’
resign, however, from the board of di- |
rectors. i
At a stockholders’ meeting on May |
5, Tener's 5330 shares of stock in the |
swindling corporation were voted by |
proxy. One actioz was the approval of |
two contracts, by which “banking” |
firms formed by some of Tener's asso-
ciates and fellow directors in the com. |
cern—swindlers and bankrupts—ac.
quired the right to sell the fraudulent |
stock to the pubic. i
Although Tener's friends say that he
resigned as a director “a long time |
ago,” there is no record of such an act |
on the minutes up to Sept. 22, 1910, |
and letters and circulars used by the |
swindlers continued to besr his name '
as president after he resigned that
office.
Why Meat is High.
Thirty-five per cent. is the amount
of profit Armour & Co. forced the pub- !
lic to pay last year. This became '
known through a statement submitted
by Armour & Co. in connection with
the listing of a bond issue of $30,000,
000 on the stock exchange.
The company by its own showing
made a gross profit of $10,582,000 for
the year 1909 on a capital stock of
$20,000,000 and earned a surplus of
$7,127,926, or the equivalent of a divi.
dend of 35.6 per cent. As the price of
beef was boosted with the beginning
of 1910 it would appear that in ‘the
opinion of Armour & Co. a 35.6 per
cent. profit on capital stock is not
ample, even though the commodity in-
volved is one of the necessaries of
life.
Armour & Co. is one of the beef
trust firms which enjoyed perfect im-
munity from prosecution by the gov-
ernment until Federal Judge Landis,
of Chicago. an insurgent, forced the
Taft administration to take cogniz-
ance of the fact that the beef trust
was {illegally holding up the public. |
After Election.
The Republicans promise to make
public the source of their campaign
contributions — after the November
congressional election.
The report of the stand-pat Repub-
lican members of the Ballinger inves
tigating committee is to be made pub-
lic—after the election.
Nothing further is to be said of the
$5,000,000 Taft-Humphrey ship subsidy
grab bill—until after election. |
The soft pedal is to be applied to
the Oklahoma Indian land thievery—
until after the November election.
Nothing is to be done with the Lori-
mer investigation—until after election.
No step is to be taken in the sugar
trust-friar lands Philippine scandal—
until after the November election.
And, last, but not least, from the
standpoint of relative importance, the
National Monetary Commission, of
which Senator Aldrich is chairman,
will not make its report recommend-
ing a central government bank—until
after the November election.
It would be worth the expense to
every farmer in Pennsylvania if he
would lay off on election day and use
his team in getting out the voters to
vote for Webster Grim and the Demo-
cratic ticket. The election of Grim
will save more than $3,000,000 a year
in the expenses of administration and
give us better service than we have
now. That saving in four years will
give to each farmer, out of taxes now
extorted from him, more than the
value of his time and the hire of his
team for election day.
There is one proposition that is self-
evident. Either Grim or the Republi
can candidate will be elected gover-
nor. Mr. Berry has strong spots, but |
there are large sections of the state
in which he will get no votes at all. |
Grim, on the other hand, will get the
Democratic vote in all sections prac- |
tically solid and a considerable num-
ber of Republicans besides. With |
the votes which Berry takes from the |
Republicans the Democratic and inde- |
pendent Republican vote for Grim will |
elect him.
i
Do not be deceived by Mr. Berry's |
claims of strength. Mr. Berry is very |
careless about such things. The morn. |
ing before the Allentown convention
he published a statement that there |
were enough votes pledged to him to
make his nomination certain. At that i
time he didn’t have twenty of the 300 |
delegates pledged to him and he knew |
it. He is now pursuing the same |
method to fool the people. It is not
the people that is being fooled. |
In cities of the third class there is |
one more chance to register. The reg-
istrars will sit at the regular polling
places on next Saturday, October, 22.
from 8 o'clock in the morning to 1
Pp. m., and from 2 p. m. until 6 p. m.
and from 7 in the evening until 10
o'clock at night. Every Democrat in |
every city ought to be abie to find time
within those hours to get registered
and every Democrat ought to get reg:
istered.
Perplexing.
Territorial (his first experience as
sentry, going over his Instructions)—If
any one comes along | say: “Halt!
Who goes there?’ Then he says,
“Friend,” and | say, “Pass, friend;
all's well.” But some silly ass'll say,
“Enemy,” and then | shan't know
what to do. Rotten job, 1 call it.—
Punch.
He Lumped It.
“My coffee is not quite sweet
enough,” remarked he.
“Well, if you don't like it, I suppose
sou'll have to lump it,” said she, with
a1 smile, passing the loaf sugar his
vay.
colony had da:
by stinging the hand o;
they were brought In a
thimble tbe king was so
find that a thousand of the hypoder-
mic points made such a Uttle mass
that he issued a manifesto co the ef-
fect that thereafter no person within
the bounds of the kingdom should
complain at the sting of a bee. The
lesson of the fable is that petty an-
noyancex hurt because they are exag
gerated in rhe mind: tha: when they !
are seen in their actval proportions
they are so slight ns to merit only
contempt. How much comfort would
| come to the majority of persons Ir
. they could bur see the tiny size of the
| bee stings that lend them to acts of
petulance, words of anger, expressions
of repronch. The bee sting annoy
ances have caused lifelong breaches of
, friendship. They have broken up fam-
Illes and caused anger and resentment
to take the place of love and fealty.—
Baltimore American,
The Mississippi of Streets.
A street Is like a river, with its hu-
man current carrying all manner of
drift between Its banks of residences
or shops on either side. And if this
simile Le appropriate then New York's
Broadway Is the Mississippi of streets
Probably wo other avenue in the world
‘presents so many contrasts in the flor
sam nnd jetsam it carries from Har:
lem to the Buttery. Every type of hu-
manity—uprooted saplings from farms
and orchards, proud hulled craft in
silks and satins—may be described In
the surging mass. Banker and boot-
black, the swaggering swell and the
draggled derelict, walk shoulder to
shoulder—rush, rather, for Broadway
is a maelstrom, the embodiment or
New York's bustle and hurry, the place
. where nothing can stand still. Rich-
ard Harding Davis once sald thar
everybody “seems to be trying to reach
the bank to have a check cashed be-
fore 3 o'clock.” — George Seibel iv
Pittsburg Gnzette-Times,
Queer Collateral.
“Here Is an fact as strange as it Is
true,” sald an Egyptologist. “Mum-
mies in ancient Egypt were used chief:
ly as collateral.
“Whaen an Egyptian wanted to bor
row he gave his father’s or grand
father's mummy as security. Some-
times, if he required a large sum. he
gave his father and both grandfathers,
and he would even throw in the mum-
my of his mother-in-law If she for-
tunateiy happened to be In a mummi-
fled state.
“Joking aside,” the Egyptologist con-
tinued, “what | tell you is the truth.
An Egyptian was pot permitted te
borrow without pledging the mummy
of some wear relative. It was deemed
in Egypt both impious and Infamous
not to redeem so sacred a pledge as
thar, and he who dled with a family
mummy «till In pawn was bhlmse!!
buried In unconsecrated ground.” —Ciu-
cinuati Enquirer.
The Postage Stamp.
Consider the postage stamp. It says
nothing regurding the difficulty of the
task assigned to it, but by dint of close
application it usually gets there; also
it delivers the goods.
Again, If one isn't enough to carry
the thing t®rough, two or more by
working harmoniously together see the
: thing to a finish.
No matter If the (mall) matter be
weighty, It puts a good face (of Wash.
ington) on it and goes directly to the
point. It gets licked and stamped
upon, and wen besmirch its fair fea-
tures and ofrtimes give it more to
carry than the (postalh union allows.
But, in spite of all this, it sticks un-
flinchingly to the matter in hand by
virtue of the fact that it knows that it
has good backing.
Its stick-to-it-ivity is worthy of em
ulation by you.—Judge's Library.
Water Colors.
Water color painting was gradually
raised from the hard, dry style of the
eighteenth century to its present bril-
llancy by the efforts of Nicholson, Con-
ley, Sanley and others. The Water
Color society's exhibitions began in
1805 and may be said to mark the real
beginning of modern water color paint-
ing. The great master, if not creator,
of the art was the celebrated Turner,
of whom we read so much In the
works of John Ruskin.—Exchange.
How Old They Were.
“I see you employ a number of old
men.”
40."
“How old are they?"
“Too old to be interested in canoeing
or mandolins or race horses or girls or
tennis. That makes them fine for
work.”—Washiugton Herald.
Rather.
The subjoined item appeared in a
' French newspaper:
“There was found in the river this
morning the body of a soldier cut to
pleces and sewed up in a sack. ‘I'he
circumstances seem to preclude any
suspicion of suicide.”
Customs and Habits.
Our customs and habits uve like the
ruts in roads. The wheels of life set
tle into them, and we jog along througt
the mire because it is too much trouble
to get out of them.
V/hy She Didn't.
New Employer—But why did you
leave your last mistress? New Mald- |
Did you expect me t' brinz
Hivens!
her along wid me?-Cleveland Leader
|
|
“1 read it.” said Ten- |
nyxon, “in a cabin on deck. The prin-
cess sat close to me on one side and a |
young lady whom | didnt know on |
the other. The wind came through |
un open window. and the princess |
whispered, ‘Put on your bat’ but I |
said | ought, If possible, to make my- |
self balder than ever before so many |
royalties. She sald again, ‘Oh, put it
on?” so | did. and | beard afterward
that the king of Denmark's court |
fool, who was in the background (they |
really kept a court fool), remarked,
‘He may be laureate, but he has not |
learned court manners.’ When I was |
done the ladles pralsed we, and 1 pat-
ted the unknown one on the back by
way of reply, and presently | found
out she was the empress of Russia?’
“Had you any talk with the czar?
“Hardly any. He sald be couldnt
speak English. Perhaps he was dis-
gusted at my patting hix wife on the |
back. His bead wn= up in the cabin |
ceiling as he walked about below."—
London Gentlewoman.
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Hydrocyanic Acid.
The distilled essential oil of almonds, |
which when diluted supplies the popu- |
lar flavoring for sweets and confection. |
ery known as “ratatia.” contains in its |
strongest form a sutficient percentage |
of hydrocyanic acid to make it highly |
dangerous. A yourg wan who was ex- |
ecuting an order by pouring it from a |
large bottle to a smaller one noticed
that he had not put the label quite
straight on the smaller bottle and took
it off again. Before replacing the la-
bel he licked it to make sure of its
sticking properly. Dut while pouring
he had inadvertently let a drop or two
trickle on the outside of the bottle |
where he bad affixed the label. Then
when he touched the label with his
tongue he felt ax if something shot
along that memier nnd also a jump of
his heart. So be rushed to a tap,
which was fortunately close at hand,
and put his tongue under the running |
water. Never as long as be lived, ne |
said. would be forget rhat poisoning |
sensation.~Chambers’ Journal.
A Way Man Has.
A map who will sit up all night and |
display marvelous agility of the fin- |
gers in operating a puck of cards tinds |
that he has hands like an elephant's |
feet when he is asked to hook up or |
button up his wife's gown. This fact |
is observed time and aguin and is one |
of the popular bits of philosophy to be
served in connection with a dressmak-
ers’ convention desiring public atten-
tion. That it is a more difficult under-
taking to shuffle the deck and deal a |
poker hand—merely as a test of digital
cleverness without taking into consid- |
eration the more important item of |
dealing a satisfactory hand—than to
hook up a gown even when the eyes -
are hidden in the lace must be admit- |
ted. That a man will undertake the | .
one cheerfully and the other churlish- |
ly must be ascribed to the survival of |
the Old Nick in most male humans.— |
Chicago Tribune, [
A Nice Distinction. {
He was hurrying for the train, |
somewhat impeded by a clumsy crate
containing a large live turkey. As he |
approached the gare the guard stopped
him with a gesture.
“You can’t take that through here.”
he said. “That'll have to be checked
or go by express.”
“But | can't stop,” declared the
passenger. “I've got to get this train.” |
And he tried to push through again.
The guard held him back. “That is
baggage,” he said firmly. “and it must
go in the baggage car."
“Oh, no,” replied the other. with a
charming and contident smile; “it's
luggage. Don't you see I'm lugging |
it? And be had slipped by before the |
astonished guard had caught his!
breath.— Youth's Companion,
Circumstantial Evidence.
Even the clearest and most perfect
circumstantial evidence is llkely to be
at fault, after all, and rherefore ought
to be received with great caution.
Take the case of any pencil sharpened
by any woman. If you have witnesses
you will find she did it with a knife
but if you take simply the aspect of
the pencil you will say she did it with
her teeth.—Mark Twain,
Ultra Practical. i
“I notice,” said a husband who was
reading a lengthy letter which his
wife had written and bad banded to
him for perusal. “that you have made
a stupid mistake. You have written
‘mirage’ instead of ‘marriage.’ "
“Either will do,” replied the lady.
“They both signify an illusion.”
Sure Thing.
“So Jack and Tom proposed last
night. Which did you accept?’
“Why, my dear. I was so excited I
can't remember. But whichever calls
tonight must be the one."—Spokane
Spokesman-Review.
Painfully Frank.
Miss Oldgirl—Here are some new
pictures I had taken. but they are per-
fect frights. The photographer I went
to is no flatterer. Miss P'ert—No, but
he is conscientious.— Baltimore Amer-
»
Yeagers Shoe Store
WALDORF
$3.00 Shoes
For Men.
The Waldorf is the only shoe in the
world sold direct from maker to wear-
er and independent of the shoe ma-
chinery trust. This is the reason for
the very good value in the Waldorf
$3.00 Shoes. They are made in ali
kinds of leather—Goodyear welts and
oak tanned soles. Every pair guaran-
teed.
Yeager’s Shoe Store,
Bush Arcade Building, BELLEFONTE, PA.
Dry Goods.
LYON & CO.
——) OUR LINE OF (=~
DRESS GOODS
And Trimmings has been replenished. We have
again received a big assortment of new shades in ex:
clusive Dress and Coat Suit Patterns.
Suits and the new one-piece Dresses.
Everything new in Serges, Broadcloths, Shuddah’s
Wtde Whales, Silk Crepe de Chenes, Messalines, Mar-
quesettes, Figured Jacquards and Poplins.
Curtains and Draperies.
A new line of heavy Draperies and figured Scrims.
Underwear.
A big assortment of Men's, Women’s and Children’s
Fall and Winter Underwear.
Coat Suits and Coats.
We are receiving every week new and nobby styles in
Coat Suits for Ladies and Misses. New styles in the
medium and full length Coats in black and tan colors.
Furs, Furs.
A most complete assortment of fire Furs in the new
pelerine styles, and new large Muffs to match. Blacks
and natural colors.
Shoes.
Do not forget our Shoes for men, women and children
are always the best and the prices the lowest.
Blankets and Comfortables
Everyone can be kept warm these cold nights. Com-
fortables and Blankets to suit everyone.
Butterick Patterns and Books for November just in.
LYON & COMPANY,
Allegheny St. 47-12 Bellefonte, Pa.