Newspaper Page Text
EVENING EEDGER-PHlEADELPHIA", WEDNESDAY, DECEMBER S, 1915.
t). S. FINANCES
America World's Money
King, Secretary Tells
URGES WILSON PROGRAM
AMERICAN FINANCES LEAD
WORLD, McADOO ASSERTS
"Onr flnnnrlnl rronrrr ate lli icrrnt
at In on' littory. nnil our Imnhlnir -tm
In now ttio lronirel In th world."
Total nnironrltlon fur IHrnl jmr
tmllnir ""' 30 ,0I7 honM n08,76.V
0, or $187,8.11.101 more limn the pre-
"the Hrcrrtary rrcommtnd new Iim
n,(e(t of n bond iMite to liny for tlic
Mprcfril dcllclcncr due to ilcfeme prrii
Our stork ot Bold ruin nml bullion Is
fi,0J,ll3,1rtT, llio lurseit nmotinl ettr
held liy an nntlon.
rhrre nrc nltlionl iloubl, nholefiile
einslom of tlio Income Ini law."
WASHINGTON", Doc. 8. "Tho finan
cial situation of this country has never
been so BtronB ami no fmotublo as
now." says Secretory of tho Treasury
William G. McAdoo. In Ills annual re
port to the Speaker of the llouso ot
representatives, which was submitted
to Congress today. "Our financial re
lources are tlio greatest In our history
,mt our banking oystejn, through tho
creation and operation of tho Federal
Itcscrvo svsteni, Is now the strongest in
la connection with hh lcport Secretary
JlcAdoo also submitted to Congress an
appendix comprising replies ho received
from tho Dun nml Brndstrcct llnanclnl
agencies and Kogcr "VV. Dabson, noted
statistician, to requests for brief tovlews
of tho llnnncial and Industrial situation
of tlio country. Tlio appendix substan
tiates In every way tho report of tho
Secretary, and spcuks with enthusiasm of
both tho present and tho future.
"Nothing in history parallels tho recent
phenomenal expansion In national activ
ities, and It is significant of tho existing
(Into of the public mind that the advance
U regurded as mora than ephemeral,"
rays Dun's In pint. "All tho traditional
Indices of prosperity are present. During
October, for tho Hi at time In tho aiuinl
of the country, output of pig Iron reached
3.0OO.W0 tons; export trade, tluo largely,
but not wholly, to tho magnitude and
urgency of tho war demands, continues
of unmatched proportions; bank clearings
havo touched figures never before at
tained, and railroad earnings show 11
remarkable enhancement ot tho earning
power of tho common carriers, with some
leading systems demanding maximum
"That the effects of the economic dis
turbance resulting from tho war are
steadily being removed In Indicated by
the fact that thcro were almost 37 per
cent, fewer insolvencies In tho third quar
ter than In tlio first quarter, with a re
duction of virtually CO per cent, in tlio
amount of money Involved. Throughout
all blanches of enterprise evidences of
prosperity aio steadily multiplying, prog
ress no longer being confined to a few
lines directly stimulated by the war."
The report of Hrndstrcct's and that ot
Mr Uabson aro equally glowing us re
rardi both the domestic and foreign as
pectH of the situation ns it concerns tho
Secretary JlcAdoo asserts that tho finan
cial condition of tlio Treasury is so
ittong that, even though no additional
revenue-raising measures bo put Into ef
fect, thcio will be a balnnco In the gen
eral fund on June SO, 1016, of JX.'.Sfl.GOJ.
Should the war tax, which expires De
cember 31, 1917, bo rc-cnacted and should
the one-ccnl-n-pouud duty on sugar,
which, under picbcnt law, will i.iu be
collected after .May 1, 191C, be continued,
the net bahincc in tho general fund on
June 30, VJIC. will stunil at JSS.C14.C03.
Should the fcS.OOO.OOO expenditure to bo
made on tho Panama Canal bo financed
by the sale of bonds as provided by law.
the net balance of Juno 30, 1915, would
be 176,611,603, according to the Secretary.
A recapitulation of tho finances shows
total ordinary receipts ot tho treasury
for the fiscal year, ended Juno 30, 1915.
of SJ7.910.S27, and total ordinary dis
bursements ot 573l,3M,;9, giving a de
ficiency for tho year of f33.-tSS.93l. This
is merely a deficiency for tho year, and
docs not represent tho Trcusmy as be
hind that much, for It has not yet used
up what It commenced tho year with.
The Secretary estimates that total ap
propriations for tho Government for the
fiscal year, ended Juno 30, 1917, should
be $303,765,9.3, an Increase over the 1916
ppropriatlons ot f 167,831,401,
The outlook for tho fiscal car 1917.
which will begin noxt July, Is not so
Vrisht. Sir. McAdoo tells tho Congress.
In his report, Secretary McAdoo de
clares that u bond issue Is inadvisable,
nd says that additional revenue muy bo
raised by maintaining the present war
tx and the sugar duty; by increasing tho
Income tax and by greater care In col
lections of all taxes. Tho Secretary says
that It Is as poor policy for a. govern
ment to subsist 011 the proceeds of bond
sales as lor an individual to live on bor
rowed money. Let tho Government pro
cure money through taxation that It need
not repay, says Mr. McAdoo.
In view of this attitude of tho Secre
tary, and tho general feeling' among Ad
ministration leaders that retention of the
ar tax and the sugar duty Is Inevitable.
It Is believed here that tho Government
will not be deprived of these sources of
revenue, and this being the case. Mr.
JlcAdoo says, an expenditure of Jtt.SOO,-
on the preparedness program will roll
P a deficiency of J5O.S06.39I by Juno CO.
"IT, the end of the 1917 fiscal year. To
Meet this deficiency, Mr. McAdoo would
Increase, the Internal revenue. He flg-
to send a woman
for Christmas. v
They are always
in good form,
5e &ig offo Z&9
. 221 S. -Broad Si.
h fa Middle of&e block
urea that the total increases in revenues
needed Is $.112,806,391, provided 25,C00,OW
y"!t.t" tot Panama Canfll bonds nro not
sold. If the Issue should be made, that
much would bo subtracted from the
nmount of additional revenue required.
.t,,r' J'V,?Adoo'fl sdRRMtlons for wising
mis additional revenue aro to:
Incrrime the corporation nnd per
onnl Income tnxrs liy providing
hlRht-r rntra nml, In the cane of tlir
perxonnl Income tni, reducing the
MOOO exemption for nlnnlr pernon
nnil 9IOo(i exemption for mnrrlrd
folk In f200O nnd 93000, rcnpcctlrlr
lncrrne Hip tntrn on crniiollnr,
crude nml refined oil, linracponer
of niilnmolillen nnd other Internnl
cnmliuMInn engines nnd "mrlottK
other thlnRft trhere eolleellon could
lie innde nt the noiirce." Mr. Mrdno
nln unjn thnt, folloulnir the tlnro
penn wnr, n llooil nf Import mny he
esnecleil which wilt Incrrnie cm
COTTON' SITPATIOX SAVKD.
Secrctarv McAdoo reports that tho
country Is so prosperous that additional
lax burdens can easily be borne. Ho
says that his notion in depositing $15,
OOO.OOl In Southern Federal reserve batiks
saved tho cotton situation when that
commodity was placed on the Urltlsh con
traband list, nnd that confidence has re
turned everywhere throughout the coun
try, business In all lines booming phe
homennlly. Tho Federal reserve system hns had n
successful year, ho m, demonstrating
tho vnluo of n. money system providing
clastic credits. "Our slock of gold coin
nnd bullion Increased from $I.Si3.s;6,5S0,
on January I, 1915 to $2,193,113,762 on
on January I, 1913, to $2,193,113,762 on
amount of this precious metal ever held
by any 0110 country," says the Secre
tary. INCOME TAX CHANGES.
A number of amendments to the In
coino tnx law aro recommended, ns fol
lows: Itrqiilrc Infornintlnn ni to extent of
Income, rnther tlinn ni'tnnl withholding,
nt the source, except ni to nonresident
I!xeinnt crrtiiln nwHoclntloiiN nnd r
Kimlriitlun nut enunged In Kit In Til I
purxtiHx from the tnx,
llronden the llnbllltj- r fnrclcn cor
linrntlnnx, .. Require receive, truntccfi, etc., to
1'rnhlhlt 1'iirpnrntlon from deduct
ing from tnxnlile Income on nccount of
tnCH paid for Incnl benefit,
3lnkr the liii'nine tnx puynlile on
June l. lnfenil uf .Mine .'10 In order that
the uccoiintN mny he IIiiInIiciI by the end
of the IImi'iiI )cnr, June .'111.
The vcport buys that customs receipts
for tho fiscal year ended June 3P. 1915,
amounted to f jl3,146,0O), a decrenso com
pared with the previous year of $S6,7G6,oOO.
Improvements In tho methods of proce
dure in the collection of customs in c ice
cmmemlcd. The Secretary urges that all the port
quuuantlne business of the country be
removed from State Jurisdiction and
placed under the Federal Government,
this especially In view of tho fact that
tho Public Health Service reports serious
outbreaks of cholera, typhus and other
malignant Infectious diseases In Europe.
These will be transmitted to this coun
try upon the resumption of immigration
after tlio war, says Mr. McAdoo.
During tho fiscal jcar 1915, $29,1S7.012
was spent on tho Panama Canal, the Sec
retary reports. Of this, $21,614,362 was for
construction on tho canal proper and
$7,572,679 for formications and miscel
laneous work. Total' expenditures on the
Panama Canal to June 30, 1915, amounted
FLM-FLAMMED ON "II0SS"
Thnt's What Mr. Edwards, of Vir
ginia, Says Happened When lie
Placed ?1000 on Stromboli
A gentleman peanut-grower from Vir
ginia cnrly today placed a cool thousand
dollars on a race-boss In a well-appointed
apartment and lost. He Is now touring
tlio central section of the city with De
tective Agncw In an endeavor to find the
apartment, tho two men who ho says
"flim-flammed" him and the $1000 which
"Nevuh again will I visit youah city,
sub," said tho Indignant plantation
owner, T. M. Edwards, of Yushmcre, Va.,
as he reported the loss to Cuptalu of De
"The hoss, whose name Is b'tlomboll,
and who, 1 unduhstnnd is at present
p'fnwmlng nt Juarez, has an excellent
iccorJ, sub; so have the tno pussons
who. swindled mo excellent records fa. w
crookedness, suh, that Is unheard of in
According to Edwards, he left Virginia,
a Stiito second to none In the production
of "goobers," several days ago to make
a N'oithcrn trip. Ho arrived hero Mon
day, nnd put up at a hotel on Arch street
near 13th. Thcro he met a man, whoso
name ho did not learn, nnd through him
was Introduced to u ".Mr. Miller."
"Mr. Mllluh was represented to me ns
being the gentleman who won back Judge
Giinell's fortune by playing the bosses,"
said Edwards. "I was prevailed upon to
go to Xcw York to get $1000 and returned
hero today. I put tho money on Strom
boli; I lost. So did my friend. Mr.
Mllluh won all. .My friend was very
blttuli against Mr. Mllluh and vowed he
would shoot lmn and get my money back.
Not being partlculah about gunplay, I
prevailed upon my friend to leave with
me. Then he disappeared."
Detectives urc making every effort to
capture the men, who are thought to be
old hands at tho game.
ONCE FAMOUS ACTRESS
DIES AT DREXEL HOME
Madame Dardennc Lived at In
stitution Here for Fif
Madame Danlcnno Is dead.
To tho younger generation of Teutonic
extraction perhaps this doc not convey
much, but to their parents and grand
parents It will bring memories of days
gono by, of the happy moments spent In
H16 old Rcrmnnln. Theatre, at 3d and
Oreen streets, when they l-uighed with
Marie Datdenne over tno footlights.
Freo from pain nnd smiting wiili a
touch of her oid-tlme happiness. Madame
Dai-denna died In the Mary .1. I'rexcl
Home, S10) t.lrard nvci.uc, last night
Sho was S3 years old and had lived at tlio
homo for 15 jtars.
For several years the oiicc-fniuoii" 11c
trcss, known the world over, made a re
ninrkablo fight for her life. Two weeks
ago she began to weaken rapidly nnd
duilh was oNpcclcd nt nny moment, but
her icmarknblo constitution nnd un
shaken cheerfulness kept her nllvc until
Madame Dardennc was noted In both
this country nnd Em ope ns 0110 of the
stage beauties of licr time. She came to
llil country when tl cars old. but the
fame she lind gullied across the Atlantic
preceded her nnd the Herman clement re
ceived her with open arms. In the early
50a she siippoilcd I.oln Monte, u famous
Europciin actress. In "l.ola fiom Itavn
rla," but her greatest success was "City
and Country," In which sho appeared In
all of the Inrgo cities ot tills country,
playing to capacity audiences. For many
years she was a member of a stock com
pany under Alexander Wurster, who was
perhaps the gt cutest German thcnttlcal
ui.iungcr of thnt time.
It was under Ills maiiagi mriil Hull Phil
adelphia came to know and lovo Madame
Dardcnne, nnd she plnynl nt tho old Ger
man Theatre until its usofulnrs.s unii end
ed, 20 yenrs ngo. About that time Madame
Daideuno also left the stage. In her early
days. Madame Hardenm- was moil ef
fective In Juvenile chariiclris and con
brette parts, bur she attained her great
est success hi tlio "mother" parts. She
appeared only before German iiiidlenceH,
ns sho did not speak English well, and she
hnd n rcpcrlolic of CO parts, any 0110 of
which she could take at a moment's no
tice. For two or three years after her ictlrc
ment from the professional stage. Madame
Dardennc appeared In nm-itcur thc.itricnls
In this city, whore she was In great de
mand. Since entering the Mary J. Drexcl
Home, however, she has never been seen
on the stugc.
Madame D.irdenuc's maiden name was
Hummel. Sho wns born in Niircmbiirg.
Germany. July 23, 1S27. nnd c.iino to this
country in 1S6S. Her husband also was
Gcrmnntowu Apartment Itolibed I
Tho polico of the Gcrmnntowu station '
aro searching today for thieves who
entered the apartment of Edwurd Clinch,
Jr., of the School Lane Apartments.
Germantown. and obtained Jewelry valued
at $300. Tho robbery occurred last night,
when Mr. Clinch nnd his vvlfo weie din
ing away from home. They returned
shortly after S o'clock and found that a
window giving 011 the lire-escape had been
forced and the apartment ransacked.
SySsSt . W5SS'!RSI?S8S!:3SSSKS'
lt'rlle or catl or our new
and interesting llooklet
".oofclug Into Your Own
A Series of
Our Net Talk Wed., Ilec. 13
By Joseph C. Ferguson, Jr.
SORE throat mlclit be
a compnratl vely
slinplo nllmmt, or It
nilslit Imllcnte a dan
gerous trouble aucH as
In any cane, the proper treat
ment would bo prescribed by
jour plislclnn only after a
careful unalysln and study.
And It Is Just so with ejo
Tlio fnct that jour eyes not
belne "just rlclit" might Indi
cate a very simple and easily
remedied trouble, or It might
denote trouble of u far moro
serious nnd complex nature.
We havo constantly advised
that 3011 consult an Oculist In
all cases of ejo trouble, simply
becauso he Ib a phjsk-ian
whose llfe-uork In clien over
to treatment of eye troubles.
If he finds that classes nro
necessary taKe his prescrip
tion to an Optician of known
experience and thoroughness.
G,8& 10 South 15th St.
ll'r Do XOT Examine fuel,
"This Talk' from a copy,
right fccrlea; all rlshts re
5m8SRaStWSR.iSNrss:'C o-SiiT s
902 Chestnut Street
Designed and made solely
for J. E. Caldwell & Co.
MMK. MAKIK DAKUKNN'ti
Once famous nctress. wlio is dead
at Jtfto of 88.
"jTollTOXfo II00ST ST AIHUjT
Councilman Says lie Will Urc Con
struction of Great Outdoor
Amphitheatre 011 Councils
Councils will be nsKcd to build a
stadium for Philadelphia. Judge Eugene
'.'. lloiiniwelt, speaking Inst night at n
meeting of committeemen in clinrgc of
Fourth of .lul.v sports, who gave a din
ner nt flic Hotel Walton, broached the
subject, and In miswer, Dr. Thomas J.
Mmtoii. Kelcct Councilman from the 20th
Ward, said he would do nil ho could
tow mil the irilll7atlon of the plan, ami
nld he felt tnt' Councils would furnish
The dinner was la the nature of a testi
monial to Doctor Moiton fur his Interest
In piiimollng sports un Independent 0 Dn.
Judge llouuluell pointed out thnt with
a stadium the Armj-Navj game would lie
assured as an annual Philadelphia fea
ture. Hpoehcs were also made bj James II.
Sterrett. Mnglstratc Peter J. Hughes nnd
Dr. Albert Steele, all of whom eulogized
Doctor Morton for his interest in and
work foe clean sports.
HOGKU II HA OS IIOAIU) OK VIKW
Succeeds J. M. Ilazlctt, Who Becomes
Ilccordcr of Deeds
Cbnilcs W. Hoger. one of tho thice at- .
toineys In the membership of the Hoard
of View, was yesterday elected president
of the board, to succeed James M. Una
lett, who ictlics to become Ilccordcr of 1
Wllll.im Jeffries, Jr.. first nsslstiint cletk. I
wns promoted to tho chief clerkship, to I
succeed Hnrry E. Keller, resigned. Thomas
M. Iluslicn was promoted from writ j
server to clerk. Frank Kulm was pro- 1
moled from Janitor to writ server, nnd
Frank Hennessey wns appointed Janitor. I
you haven't received a
copy of this dimming and
instructive little monthly,
pich one up in the store.
Have you a
boy? Is he
3 or 1 8 or
j we 11 conrer
; the degree
or b. K. R
and we'll prevent him
with the fraternity pin.
LICENSE COURT GRANTS
Three Applications Receive Fa
vorable Action Many
Judges Slnake and Patterson today
handed down decisions In a number of
cases heard at the October Rcsslon of
the License Court. The following peti
tions for the transfer of retail liquor
licenses weie grnntcd
Frank .T. Clarke, from 1061 Main street,
Mnnnyunk. to northeast coiner 27th nnd
Pnmbtla stiect: James U. Huektey, from
T'3-IS South 1th street, to southeast cor
ner llth and Fhunk streets; Edward
Gallagher, from southwest corner llth
street nnd lllslng Sun avenue, to south
east comer llth street and nislng Sun
The following petitions were refused'
Joseph P. Stalrlkcr, 222$ South 7th
street to northwest corner- 15th street
and Oregon avenues .Michael .t. Burke,
2100 C.illowhill street to southeast corner
Itetincld street and K-inrtlowno avenue;
same, to 6006-08 Haverford avenue; fame
to nuttl.Hcst come Cith nnd Christian
sheets: nlne. to noitlnvcst corner 6OH1
ami P'ne streets; Cornelius P. Donnelly,
oils Lancaster avenue to southwest
oilier Gutli stlret and I.ansdoHiio ne-
iiup i.viuiiipil -"ci.siurui, 1, vi ucrnian- .
town avenue to uoithuest roiner Ittslng !
Sun .ivenue mid Cheltenham loud: 1
Patrick J Mnlone, 102-01 North 3d street
E. Milton Dexter
i..i ism! Spruce St.
For Christmas Gifts
Platinum, when mounted vith
diamonds and other precious
stones, is accepted as the utmost
in fashion and good taste. We
have produced many really ex
quisite combinations of this
metal with fine gems at surpris
ingly low prices.
Platinum Rings with diamonds, pearls and
sapphires, $18.00 to $100.00.
Platinum La Vallieres with diamonds,
pearls and sapphires, $12.50 to $56.00.
Platinum Bar Pins with diamonds, pearls
and sapphires, $14.00 to $90.00.
Platinum Scarf Pins with diamonds, pearls
and sapphires, $5.00 to $60.00.
With a convenient classifica
tion of our Diamond, Watch,
Jewelry and Silverware Depart
ments, our new catalogue enables
you to make easy selection of a
We will mail or give you one
on request. It is free.
llio Chestnut Street
Clojlni; Hour Six o'clock Until Chititmat
The Lily Bowl
With Flower Holder affords the ideal table center.
All sizes in Pottery nnd Glass.
Full assortment of Illrds, nuttrrtllen nnd Flower
Holders to be used lvltli liovvla.
Wright, Tyndale & van Roden, Inc.
1212 Chestnut Street
to northeast corner 21th street and
Lehigh avenue; same, to SS33 North 18th
street; Michael J. Parke, 2100 Cflllowhlll
street to 1707 Hutlcr street; John A.
Boyle, 19H South 6th street to northwest
corner 2-Ctli nnd Cambria streets; James
Everett, southeast corner Dth nnd
McKcan streets to northeast corner 26th
nnd Allegheny avenue; Samuel Plplto,
1319 Wharton street to northeast comer
2d ntrpct and Snyder nvenue; Thomas F.
Clark, S25-27 West Indiana avenue to
northwest corner 12th street and Oregon
avenue; Andreas Hlrschman, 631 Rich
mond street to northwest corner Comly
and Tacony streets: Charles Cullman, S00
West Thompson street to B0B6 North 5th
street; Joseph Pfclfer, 3638 Germontown
nvenue to northeast corner 8th and
Itutler streets; John J. Winkler, 601
Pansom street to northwest corner Md
street and Olrnrd avenue; Michael
Knlleiln. 10f Noith 6th street to Gaul and
Westmoreland streets; Patrick McCuskcr,
MM South Rth street to 123 South COth
stieet; Joseph V. Sheridan, southwest
corner Sth street and Glranl nvonirt! to
southwest coiner JStli and Thompson
77ie Dependable Tailor
House L'itabllihrd IKS
' Look." sas our old friend
Mr. , "nrKiiinc for the
sake of argument Here nro
rendy-to-wear ovorronN nil
vcrtled ns low hh twenty and
ns hlcli as slt iloll.irs "
"ItlRht oh'" vc answer,
heamliip; prldefully upon tho
Mulshed product of Dixon
.srrvlrr vve'vn Just Mulshed
for him. "Hut the dllTerciire
rests upon our own shoul
ders." The ready-made oveicoat
I inailo In vour "size" per
hap". hut n Dlvon oven oat's
made for your particular build.
$35 to $60
1111 Walnut Street
A charming gift, especially
when they bear that hallmark
of exclusiveness the name
K 1420 Chestnut St.
"Where Only the Best I Good Enough"
$18, $20, $25
is all you
need to pay
This leaf from
our log is but
one of many
C Recently a publi
cist of our acquaint
ance, a man who wore,
because he thought he
had to wear, merchant
tailor clothes, ex
pressed his curiosity
concerning our claims
for the fit and style of
Perry Suits and Over
coats. He said he
thought they would
likely do well enough
for some people, "but
then you know, of
course, etc., etc." So
we said we'd like to
have him see for him
self, and being of
broad and open mind,
he did come along.
He bought a Suit and
an Overcoat. A
couple of weeks later
he called us on the
phone and said: "Your
Suit and Overcoat are
the best in fit and
style I've ever worn.
I told Mr. So-and-so
(naming one of the
best-known men in
America) about your
clothes, but he didn't
seem quite ready to
believe me. Just now,
though, he blew into
my office and said:
'I've just got an Over
coat at Perry's, and I
believe there isn't a
man or a taste in the
country they can't
please right out of
All we want is a
chance to show you.
"N. B. T."
16th & Chestnut Sts.