FOR SEVEN MILLIONS Real oe a ot Phila- mm—— PRESIDENT THOUGHT 4 SUICIDE. Frank K. Hipgle Died Suddenly at Brym Mawr Under Cireamstances Which Lead to Suspicion That He Toak His Own Life. PHILADELPHIA, Aug. 29 Unable to ineet its obligations because of the jarge amount of money loanwd on in- sufficient security by its president. now dead, the Heal Estate Trust company of Philadelphia, which up to last Sag. arday was considerad one of the stron- gost financial institutions in the city, has closed its doors after the doors closed George HH. Earle, Jr. .a prominent financier, was appointed re- ceiver The lHabilities of the company are placed at F10.000.000, against which there are quick assets of about $3.50. a and collateral of about $8 000,100, which is not negotiable or readily con vertible. This doubtful collateral is held mostly as secyrity for loaus of about £5.00 made to Adolf Segal, a promoter of this city The wan responsible for the fallure was Frank K. Hipple, one of Philadel: phia’s best known citizens, who died suddenly Inst Friday morning In his country home at Bryn Mawr, near here, under circumstances which in the light of late developments lead to the suspicion that he may have committed suleide, Mr. Hipple's death occurred suddenly last Friday morning at his saommer horue lu Bryu Mawr, Pa. The canse of death was given as cerebral hemor- rbage Uy his physician. Dr. William C. Powell, whose statement was con firmed by Coremer King. The latter sald that he did not perform au aw topay, but accepled the statement of Dr. Powell. In speaking of the death of bis father F. Wharton Hipple said: “My father came home [iu his asual health and spirits. He arose about 8 o'clock iu the morning and appeared perfectly well He had the bath filled as usual and wemt to the bathroom Re far as we can learn he must have died instantly, for no outery of any kind was heard and he was dead when found by Mrs. Hipple” Rumors that Mr. Hipple had com mitted suicide were at the time guickly silenced by Dr. Powell sand Coroner King who declared that death was due fo natural causes Mr. Hipple irr addition to being presi- dent of the Real Estate Trust compa ny was treasurer of the board of trus tees of the general assembly of the Presbyterian church lu the United States and of several other church funds and was a directer of the Frank lin National bauk. Recently Mr. Hip ple's accounts of the Presbyterian church were examined by certified ac- countants and were found to be cor rect, but it cannot be stated positively whether all the securities belonging to the general assembly are lotact, al- though it is hoped they are. Pr. W. H. Roberts, stated clerk of the general sssembly of the Presbyte rian church, who is at Mount Pocono, sald be was greatly shocked at the news of the failure. In addition to the deposits of the general assembly the real estate trust also bad about $25.000 of funds placed there by Dr. Roberts as stated clerk. The Presbyterian bospital of Phila- delphia aud the Presbyterian board of relief, be sald, also had sums of mon- oy in the falled institution. Dr. Rob- orts was asked If hie could say whether the securities of the general assembly, amounting to $9463 886, In Hipple's cus- tody were lutact. He replied, “1 have BO reason to believe otherwise, but cannot say positively.” “Were those securities ln such shape that they might have Leen hypothe: cated or transferred “1 do not know positively as to that, but I do not think that they were.” As treasurer of the board of trons tess of the Presbyterian general as- sembly Mr. Hipple bad on March 1, 1008, $5,900 iu cash and $560,000 in se~ curities, Samuel F. Houston, vice president of the trust’ company, sald: “In round numbers the failure will amount to $7,000,000. At a meeting of the banks and trust companies of the Philadel phia clearing house an effort was made to ralse money to tide the com- pauy over its difficulties, but all we could get was $3.500,(00, or about one half what was needed.” In order to hide the true condition of thie coupany and save himself Hipple resorted to the falsification of Lis re ports, which were accepted as true hy the directors. He used what the re ceiver termed a “double system” of making reports. When the state bank Soon J stiow them wu bundle of other securi. ties and other paper, and along with these be would exhibit the certificate Of the bank examiner, which showed Abat the accounts the examiner had In- were correct. The direct ors, supposing. the securities shown | them were the same, approved the re- ports. ‘Amang these directors are Dr. 18. Weir, R. Mitchell. the eminent au “} ther: John R. Converse of the Baldwin Locomotive works and one of the most laymen ju the Presbyterian fhe United States. John F. Aire brewer; William to President wand P. Borden, Samuel F. flouston, who is also vice president of the com- pany; fonuer State Seastor J. Bayard Henry and Frank C. Hoherta As soon as the directors learned of the sudden death of President Hipple they began an Investigation of his af- fairs and were shocked when they learned the true condition of the com puny. This was after the close of husi- ness on Friday, A meeting of the board was hurrially called. and it was decided to instruct the officers of the bank that all deposits received after the opening of bLusiness Saturday morning should be set aside and de posited with the Franklin National bauk in the names of the Individuals presenting the money. This was done to absolve the directors from criminal procesdings, The directors made strenuous efforts to tide the institution over the difi- culty. There were probably fifty bank presidents at the clearing house to meet the directors of the trust com pany. The latter stated that they needed $7.000(0, but the bhést the hanks conld do was to guarantee $3.- HO. This was not enough. nnd as alt other means for getting money had failed Vice President Houston tele phoned to the bauk to suspend busi ness and send the receivership papers te court. In an Incredibly short time the story was on the street and creat ed great consternation. Hundreds of persons gathered about the bulldiog. clamoring for information, amd the crowd grew so great that a detail of police was sent for to clear the street The board of publication of the Pres byterian church, which bad between $15.000 and £20,000 on deposit with the Real Estate Trust company, made an effort to withdraw the money, but failed by three minutes. Hearing rumors of the unstable condition of the trust com pany, members of the board notified the officials of thelr intention to trans fer the account the Philadelphia National bank. A representative of the latter institution made all baste ta the office of the trust company and arrived there three minutes after the doors had closed to ROOSEVELT'S SPELLING REFORM @Micial Cerrespondence Now UGlives Life to New Words. OYSTER BAY, N.Y Aug Sec retary William H. Taft received the first letter from President Hoosevelt written in accordauce with the rules of the reformed spelling board The letter pertained to the business of the government. which fact ren dered its publication Impossible. All of the executive correspoudenie Is now spelled in dccordance with the recom mendations of the reformed spelling Loard, The list of 300 words, which Is the present accomplislunent of the board Las been for several days in the hands of the president's stenographers, and Secretary Loeb has put the pew spell lug Into effect. 0 Will Net Go North This Year. HAMMERFEST, Norway, Aug 20. The following dispatch was received here from Walter Wellman, leader of the Wellman-Chicago Record -Herald polar expedition at Spitzhergen: “I have decided not to attempt a voyage northward this year on account of de fects In the mechanical equipment of my alrship According to the ap- nouncement made Inst winter (un antie! pation of such possibilities, the expedi- tion will coutinue next year. My par ty is now completing a great ballooh house and other features of the plant and making experiments with a view to the campaign of 1907, Attempted to Bribe a Jaror, BOSTON, Aug. 20 —-Walter M. Clark and William Washington were given a beariog before Judge Harris in the su- perfor court charged with contempt In trying to bribe a juror sitting iu the case of Dr. John Sinclair, on trial on the charge of causing the death of Miss Anupie Russell by means of a criminal operation Both wen pleaded not guilty. Alfred Green, a negro, the juror to whom the bribery proposition is sald to have been made, named Washington, also a negro, as the man who offered bhn $30 to “hold out” against a verdict in favor of the prose cution, Archdeacon Johnstone Dead. NEW YORK. Aug. 2.-The vener able Archdeacon George D. Johnstone, D.D., pastor emeritus of Christ church, New Brighton, Staten Islaud, is dead at his home fu New Brighton, His death wis unexpected. Dr, Johnstone was born at Stratford, Coun, in 1534 He was a great-grandson of Jonathan Edwards, first president of Princeton university, and a great-grandson of Samuel Johnstone, who wag the first president of Kings college, New York He was also a second cousin of Aaron Burr. Pan-American Conference Closed. WASHINGTON, Aug. 20—-The state departiuent has received ua dispatch from W, I. Buchanan, chairman of the American delegation to the pan Amer lcan conference, lo which he says “The Rio conference closed last night. Baron Rilo Blanco, president of the conference, delivered an address, which made an excellent Impression. It was replied to ou behalf of the several de) egations by Senor Ramirez of Uru. guay, He took occasion to especially compliment the United States on the part it bas taken [nn these conferences.” King Edward's Double Dead. CATSKILL, N. Y,, Aug. 20 Alex: ander Graham Kelsey, aged Afty-five years, sun of the late Dr. Kelsey of A FIGHT AT RIGA Russian Troops Fire on Bomb Throwers, HOW TO CRUSH THE TERRORISTS. Court at Peterhof Divided as to the Beat Means of Dealing With Revolutionaries’ Helga of Assmssinntions, ST. PETERSBURG, Aug 20 —A dis patch from Riga, Livonia, says that police and troops there surrounded a lodging louse on Stolivia street where bombs had been discovered. The revo lutionists Inside fired with rifles from windows on the attacking party and also threw a bomb. whereupon the troops riddled the house with bullets, Killing or wounding all the Inmates Two men and a woman were killed At another place in the suburhs a Lettish student was killed and several were woulkded while resisting arrest At Ahktirka, provines of Kharkov, many manor houses in the have been set on fire by the peasants atl are now burning At Usovka, province of Saratov, two police sergeants and a rural guard were shot and Killed on the streets by revolutionists armed with revolvers The Monarchical party at Moscow, in an address to the emperor just published, openly appeals for a die tatorship “which will put an end to the demoralization in the army” and also urges the complete suppression of par Hament and the restoration of the un- limite] sutoeracy. Should his majesty however, insist on retaining the par lament the Monarchist= promise loyal participation in the elections upon the condition of a change in the election law providing for the exclusion of the Jews from the suffrage The Riack Hundred orgnulations are conducting an agitation against the Iu telligensia and Jews The court at Peterhof apparently is divided ax to how to meet the cam palgn of the terrorists Premier Stoly pin and his cabinet, however, have taken au stand against repression upon a scale which would drive the whale population into revolt. The premiers views are reflected by the Rossia which declares the government must not be frightened Into abaudonlug the reform programine. It Is only neces sary, the paper says, to draw a lige between loyal opposition nod those who by wonl and act seek the destruction of the government AM. Stolypin hax received from the governments of the United States and all the European powers expressions of sympathy and congratulations on his personal escape. Even the emperor of Japan has telegraphed his sincere Joy that M. Stolyplu was pot harmed by the explosion stthinirhs All Lae Magazine Pistol, LONDON, Aug. 209. —A correspondent of the Dally Mall calls attention to the fact that alwost all the revolutionary critnes in Russia and many of the an archist attucks lu other countries are exceuted by means of a magazine pls tol of oue muke, which seems te point to a central organization with a slugle brain In control pulling the strings of aparchism the world over, fdnding fuuds and arming with a uniform weapon. If this 1s so. the correspoud ent suggests, the matter Is of graver international lmportance than If the affairs were mere criminal acts of ir responsible lunatics Treason Hid lu OI] Barrels, RIGA, Aug. 20.—Seveuteen cocoanut oll barrels which were auctioned off by the customs authorities were found to contalu M0) coples of rebel proc lamations printed in various languages hidden in false bottows Peace Conference at San Jose. SAN JOSE, Costa Rica, Aug. 20.— The Costa Rica government has re- celved Invitatious from the govern ments of Honduras, Guatemala and Salvador to take part lu the peace con- ference here Sept, 15 and has accepted. All the governments support the dea of the celebration of the treaty of peace by a unlon of the five Central American republics. The governinent of Costa Rica avolded the subject in its reply to the other Central Aweri CAD governwents Elections In South Carolina, COLUMBIA, 8. C, Aug. 20 Scatter Ing returns from the Democratic pri maries Indicate that M, FF. Ansel will lead the ticket for governor, with Rich: ard Manning and Cole LL. Blease clase together for second place, For attor ney general J. Fraser Lyon has a [sarge lead over his opponents R. MM Mc Gown, for secretary of state, and J. Boyd, for adjutant general, will prob ably be elected on the first ballot Kellogg Monument Dedicated.) PORTLAND, Me, Aug. 29. —A monu ment erected to the memory of lev Elijah Kellogg, the author and writer of hoys® books, was dedicated at Harps well Center. The monument 1a a rec tungular shaft of granite about. eight feel In helght and stands near the church in which for more than fifty years Mr. Kellogg preached. The dedi catory address was by Professor Henry L Chapman of Bowdoin college Boston Gets Quincy Cup. MANCHESTER, Mass, Aug 20 The Quincy cup which the Manchestoss Yacht club has held for six years, soc cessfully defending it during that time against all comers, will now grace the sideboard of the Boston Yacht club. for the Honidrel, a yacht of Crownin- AUGUST 29, 1906 GALLAVANT AT SARATOGA. Saranac Handicup Was Between Fa- vorite and Tiptee. SARATOGA, N.Y. Ape 2 -Galla- vant the 4 to § favorite, easily defeat ed Tiptoe, the only other starter in the Saranac handicap, oue mile and a fur long, at Saratoga The track was heavy, and the flelds were greatly re duced, trainers pot wishing risk their charges in the going Tiptoe took the lead in the first fur long and led to the stretch. There Mil ler went Gallavant into the lead won easily by two lengths vorites won, Summaries First Race Rir Hussell fara, second: Ouklawn, third Second Hace — Neptunus, first: Colo nel Bartlett, second; Wrenne, third Third Race first: Killa loe, second; Rio Grande. third Fourth Race. —-Gallavant, first: Tip toe, second Fifth Race —Cadichon, first: gan, second; [ Told You. third Sixth Race Glamor, first; Sally K second; Rufus, third to and Three ma first: San Rosemont Corri BASEBALL SCORES. Resalts of Games Played in National and American Leagues. NATIONAL LEAGUE i060 i ineinnatl, 8 Chicago, jo winnati, 3. Chicago, 1 Hatt fg and Schlei; Hrown and Morar At Pittsburg Philadelphia 8 8 0 06 2 0 ¢ Pitt shurg 318 : a Hits— Philadelphia, 12 rors Philadelphia, 2. | teriea—~Lush and Dowein Sohn irs ry rics Pritest g Secand game *hiladelphia “i 0 } 3 Plusburg G i 8 5 § Hits Phifadeiphis, & Pittsburg, & Fr rors Philadelphia Pitt=burg, © Eat teries— Richie and Dooin, Lyn nd Gib on ch TABLE OF PERCENTAGES Ww 1 Lhicage 5 New York i Pitt=hurg Philadeiphla Cincinnat Hrookisn .s i S11. Louis “© Boston = AMERICAN LEAGUE At New York #3 Louis 0 9 0 New York 1 4 Hits St Louis i. En 8t. Louis, 3; 2 Hatteries Pelty und Rickey nd Kielnow New York, York arth Batteries ith Bemis Dineen and Carri san saddles and TABLE OF PERCENTAGES Ww I. P.C . © ar Philadelphia “ 9 i New York oe 4 al Cleveland 6 El 5 St. Louis wu =] EN Detroit A &6 Washington - a Boston 5 fl Chicago o A a Texan Woman on Sea Girt Hanges. SEA GIRT, N. J, Aug. 29. -Excel lent shooting conditions attended the second day of the great wilitary shoot log tournament progress at the slate camp. An interesting feature of the day was the excellent marksman ship of Mrs. Elizabeth San Antonio, Tex euroliment as a member of the Nation al Marksman's reserve by out of on possible 70 in fivé shots each at 200, 300 and Me yards Clothier Defeats Hehe. NEWPORT, KR. I, Aug. 20 —~In rec ond rapidity of play William J. Clothier of Philadelphia. n representative of Harvard university, defeated Karl H Behr of New York and of Yale iu the final round of the national lawn tennis tournament. He will meet Beals Wright of Boston, the present lawn tennis champion of the country, in an attempt to win the title. Clothier de feated Behr in straight sets, 6-2, 6-4 6-2 in l'opperwein of who qualitied for securing SU Bank Holiday Got Handienp. DETROIT, Mich, Aug. 2 Perfect racing conditions prevailad at Windsor Favorites and outslders split the cand Bank Holiday captured the chase handicap, in which all but three fell. Peter Becker threw his rider in a false break, knocking the boy out, and did vot start in the race. Birmlugham was the wedlum of a sensational plunge in the opening mice, but could do no better than second steeple Captain Cole Wou First Place, CHICAGO, Aug. 20 —In the army pistol competition at Fort Sheridan Captain Cole of the Sixth cavalry won first place on the team and broke the record In army pistol competition, scor- ing 237 points out of a pomsible 3a The best previous recond was 286. held by Corporal Robinson of the Ninth cavalry Auto Run New York to Frisco. OGDEN, Uta, Aug. 29 Plastared with a thiek layer of Wyoming mud the Little and Haggerty automobile arrived here on its transcontinental run from New York to San Francisco Washed out roads amd swollen streams delayed] the truvelers who should have arrived here Monday schedule according tu Mra. C. L. Dering Leads Golfers, CHICAGO, Aue, 20 Making her second eighteen holes in 91, Mes. C1 Declng, the present bolder of the wo wens western golf clunnpionship, led the field at the close of thirty slx hole qualifying round for the champ) onship, with a total seure of ISN Mrs Franc Anderson of Hinsdale was sec ound, with n score of 194 John English HBent Miss Doyle. CINCINNATI, Avg 20 Three fa. vorites, two second choloes and an out sider won the six events at Latonia Jolin English took the handicap haud lly from Miss Doyle . Freebooters Nefented at Sarntoxa. SARATOGA. N.Y, Aug. 20.10 the polo match for the United States Hotel s design, representing that club, | cup played here Saratoga defeated the! 11% to & = REBELS RAN AWAY Colonel Valle Tells’ of Fight Near Cienfuegos - — CAPTURES THE TOWN OF RODAS. It Leaders, Is Expected That the Insargent With Exception of Fine Garren. Will Vow Lay Dawn Their Arms HAVANY, Filez Aug. J General Hixdri sntnaider of the rural guards fegram from Colonel The ment is werniment for Bd the el a te of hus reve Valle Tweety telling the g Hsirgenis engage v= ir 4s tra Ihe Insurgent p inl Portela having Abreus and commen guards, we Abireus tin] volunteers revolutionists thie town of "We routed the enemy, kills many shat best irs and ammunition if horses We te Hadas aur was charged by the tx who were holding the towp and a Httle fort called De Pilea fort Beroe fighting coutinyesd The © retointionis<ts Lit tifa gis [rrr dispueteh da rties Santa of upiler ;17 catipusd wv] haras<ing the rural procealed t ive} with a force of rural ihe] # guards nestkienssl the whe were entrench in Abreus rey uf ists and captured a nantity iid a number colitinued our opera tions where nivanuce Sard revolotion where Lut the dispersal SHY Was jwersistent, were finally n different lenving a large nmnber of men killed in the I'he full extent of the casualties is not yet ite] mn away dires tion frets revoliitionlsts’ Kuown hive iL possession touch rural guands Foro throughout the town i of the the detachment cotiinaticded by Lieutenant fought valiantls t= i wn we gut in with of thir forces the « refuriesd and Lint the res sCalterwd by our n Colouel \ that the will portage tion fn that proviue A band of sents fired at a passenger tral on the reiiway il province, thirty thre sutithwest of tie eral ballets hit was wounded ove 11esy eliemy rishedd the oltrt! eisists were agadn harges the opinion Santa 1 lief die oxy ER sha geineits n ir prove ta have heen of the great hm trwani ending Bsr th=u 1 volley Westery il LO) Cito wtal the « but West of Yala rall Soy notualy Investigation meut made hy off the Moderate of a conf Palma at midnight. to practically all the COolisinjtic howe signifies! shows that the Imiz a leader at the conclu with President the effect that Insurgent leaders of eXoepd state Setting party, lon Felice Pino Guerra had to disband their wen if all were positively guar titeed Inumunity for their Insurrection iIry acts Hupression is very general that the in with the exception of Pin will shortly thelr their willingness Was an exagpgenition bint the SUruets Guerra, lay down aris Lord Aberdare's Son to Wed Actress. LONDON, Aug 20 published in the Daily mornlug the Hon Bruce, eldest son Aberdare went of his engagement to willie Clifford, the He sald, however iittle squabble he to buy a Clifford Norway In an Interview this Lyndhurst of Lord Anbeonnee Miss "a American actress that they had had a he Chronicle Heary and thorized heir the Use Wis going Miss ofl nn holliday in his golug into business and wanted him to await her return and Lut aud therefore had cided to the business forthwith Mr. Bruce sald his friends were fran tie and his father stmaply furious, had severely upbraided him He had not been home, and they had hardly spoken “Stil ‘I think It will be all right” Roosevelt's Courtesy to Bryan. OYSTER BAY, N. Y. Aug. 29-In response to n letter of a request from the friende of William J. Bryan. Presl. dent Roosevelt has directed the projwer iuthorities of the port of New York to sispend the rule prohibiting the land lng of women from Quaruntine in order that Mrs. Bryan and Miss Bryan may be permitted to come ashore from the Hner with Mr. Bryan. Without this order the party would have to be sep arnted at Quarantine so that Mr. Bryan wight fultdi his part In the reoeption This rine, It 48 stated never suspended motor who oblected var busluess is how to wdvice he must live Lie practically de buy who was since be said cervinonies has heretofore been on special occasions. thus creating a pree edent for the president's action Supports Roosevelt's Reform. LONDON, Ang. 20.1% Napler of English aud Anglo Suxon in the University of Oxford, gis jrro fessor v= hills un gquilified approval to President Roose to spelling with few regard thinks that proposed wtion with He thi moderate and a step ln the right dine tion. Thomas Handy, the op the clishiges and writes, “1 am struck with the advan tage of having reform of English spell Ing taken in hand by an eminent Amer lcan of Dutch extraction’ veit's reform ox ceptions changes ire novelist wre sugested | W Military Review Far Root. SANTIAGO, Chile Aug 20 proposed to hold a military the Hipposiroms Root, secretary of state of the United States his arrival from the south is review in here in hotor of Ellhn upon Victory For American (Cricketers, OTTAWA Aug, 24 Ihe gricket match between the Pligrims of Phila delphila aud a team representing east. ert Caonda resulted In a victory for the American team by five wickets, Weather Probabilities, Bowers; suuth winds, PRICE ONE CENT SoftSnaps —FOR— Dress Goods We have some very smart things in both black and colored diess goods for fall and winter. More New Ones Added This week make our line an ex-* teosive one although not yet com- plete as new ones, arg arriving al- mest daily at headquarters from both foreign and domestic looms angare shipped to us from tice to tine, A Number of Specials Are on display to which we invite you at'ention. $1.50 black Panama, 58 in, $1.12% $125 black Panama, 52 in, 85¢. 65¢ black Sicilian, 46 in., 49c. £1.50 black Tafleta, 36 in., $1.19. $1.25 black Taffeta, 36 in’, 980. $1.25 wool checks, 54 in., 85¢. $1.00 wool checks, 54 in, 75¢ All wool checks, 38 in., 80 50% wool checks, 36 in., 25¢. Arnold's cotton, 31 in., 15¢c. - . White India Linen Worth 12}¢ to 15¢, choice 10ec. Worth 16 to 18c, choice 12}¢. Worth 20 to 25¢, choice 15¢. — New Long Gloves Mitts, Peter Pan collars and ties, burg, trimmed match 37 le. with drawers to Muslins Five popular brands, 36 in bleached and unbleached, usual prices Oc, ic and 10c. Special 8c. Globe Warehouse, Talmadge Block, Elmer Ave. VALLEY PHONE. FOR SALE in Waverly, one block from trolley Nine room house, { acre lot, plenty of fruit. Work shop, hen house and park. This property will be sold at a sacrifice if bought before Sept. 1, 1906. Reynold's Real Estate Agency. 117 Packer Ave, Sayre, Pa. bird of any kind, call and sec the Hartz Mountain Canaries and Par~ rots just received, and . get prices before you send away and get one you can’t see before you buy. All canaries guaranteed singers or will be exchanged at any time. Have some bargains in cages R. A. HOLCOMB, 423 Keystone Ave, Sayre, Pa. Notices. Want ads inserted by persons Ing » ledger accvunt with The must be paid for when ordered We positively cannot charge indiscriminately—the expense keeping and collecting Is entizel proportion to the amount In the transaction. MADAM DEAN Fae me A Rare Cuevas Buse 50 Sossamon Vaversr ares RIVER AROWE TO FAIL, Soh i Sent Sovndr | Satie facthen tipnrasiond sn Masry Refunded Supt L00 per hon, WIN pend heen on 0a 4 Ne or whee re oved Sampies Free, If eer dreggies nh Bate ham send Jus erdate te (he UNITED MERICAL CO, sot 74, LancasTen, Pa. Hi | FRENCH FEMALE b+ w
Significant historical Pennsylvania newspapers