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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Dec. 25, 1906)
VOL. XLTVT. NO. 14,367. PORTLAND. OREGON, TUESDAY, DECEMBER 25, 1906. PRICE FIVE CENTS. IS THE RICHER Rockefeller Is Second to Timber King. SO SAYS WRITER OF EXPOSE "National Crime Made His Gi gantic Fortune Possible." LAWS OF CONGRESS AIDED Charles P. Xorcross In Cosmopolitan Characterizes Passage of Lieu Land Act as .Means by Which Big Steal Was Engineered. Frederick Weyerhaeuser, the Timber King, is the latest millionaire to be the Bubject of a magazine expose. Charles P. Norcross, of W. R. Hearst's staff, who came West recently to Investigate the high price of lumber, writes in the Janu ary Cosmopolitan on the topic, "Wcyer haeuser Richer Than Rockefeller," and characterizes him as "Lumber King, re cluse and land-grabber, and lord over billions In vast forest tracts in the great Northwest." Weyerhaeuser's fortune at the present time is declared to overshadow that of John D. Rockefeller, popularly believed to be the richest man In the world, and In 20 years, at the rate that his timber holdings are increasing, his wealth will be beyond computation. Ills great wealth and opportunity, declares Norcross, grew out of a National crime, the spendthrift waste of the forests, and the accumula tion of his gigantic fortune is said to have been aided by the lieu land laws passed by Congress, by which the public domain was looted of lands worth $100, OOO.OOO. Rise or the Multi-Millionaire. Weyerhaeuser' rise is described as fol lows : "Weyerhaeuser Is of German birth. Born at Nelderpaulhelm in Southern Ger many In 1S34. he tilled the vineyard on the farm until IS years of age. In 18G2 he decided to emigrate to America. He brought his mother and sisters with hlin, and they went ilrst to Erie, Penn. Four years later he left Krle and went to Rock Island, Illinois. He secured work In a sawmill, and within six months was manager of the plant. He became ac quainted with F. C. A. Dencknian, a compatriot, while they were courting sis ters. Both were thrifty, industrious, hon est, and obliging. When the sawmill owners wanted to sell, they agreed to take the notes of the young Germans, who thus formed a partnership. Weyer haeuser, the outside man, went north to investigate the lumber lands of AVIscon htn. He paw all around him the lavUh waste of timber, and It struck to his saving soul. In 1SB4 the firm had laid aside enough money to make its initial investment. Chippewa land was bought for almost a song. They acquired more land, and soon additional sawmills were started, and the partners were on the highroad to prosperity. It was in 1S72 that AVeyerhaeuser began to branch out and started In to Create the Indefinite, all powerful organization which has become known as the "Weyerhaeuser syndicate." Weyerhaeuser was elected president of the Mississippi River Boom and Logging Company. This has always remained the central or governing body in his known transactions, and its ramifications reach every lumber camp In the Northwest." ".Stupendous Legal Steal." Nnrcrops then goes on to describe what he terms a stupendous legal steal, by which the publie domain was looted: "With the recent revelations as to graft and the Illegal methods used by various "captains of industry" to achieve their eminence in the world of commerce, one naturally wants to know whether Weyer haeuser and Ills associates have created this giant Industry, organized this great trust, and builded this monumental for tune with clean hands. Unfortunately tiot. Weyerhaeuser and his associates have done their part. Just as Mitchell and many other men in the Northwest did their part, in securing lands fraudu lently. The game of homesteading and getting Government land by fraud was just as familiar to the Weyerhaeuser interests as to others. Possibly Weyer haeuser never personally conducted any of these illegal operations, but hundreds of thousands of acres taken in by his companies for timber purposes were stolen under the old and well-known formula. It is hardly worth while dis cussing this, since the same practices for which Francis J. Heney is securing convictions in Oregon were practiced by the Weyerhaeuser clique. It is neces sary' to record, however, one of the most stupendous steals ever engineered in this country. It was done legally; there .Is no redress. It was the looting of the Vnlted States Government of lands worth probably $100,000,000. The scheme was en gineered for the benefit of the Weyer haeuser companies, and while others made millions the Weyerhaeuser interests prohably benefited more than anyone else. "Prior to 1897, access to publie lands of the United Sattes was limited to the actual settler, who could go in and acquire 160 acres (a quarter-section) of land under the homestead act. In that year the so-called "lieu selection act" was passed. The vicious details of that measure will be set forth later. At that time the once enormous timber resources of the Middle West, and more particularly the timber tracts of Wisconsin, Michi gan, Minnesota, and the Mississippi Itlver section, where the Weyerhaeuser companies were operating, had been practically exhausted. The Weyer haeuser people' were casting about for other lands. The South and Fast of fered no real relief. True, the great fields of Washington, Oregon, Idaho and Montana were practically un touched, but there was no legal method of reaching the timber. It was the WEYERHAEUSER IN property of tho United States and was reserved for the actual settler. It was true that in a small way, by subter fuge and employing the make-believe settler, the companies had secured some land; but this method was slow and unsatisfactory: It was criminal as well, and laid all participants liable to arrest and imprisonment. The Gov ernment was active, as the Heney cases show. "The Government could not sell or apportion any of these lands, and it was a settled policy to hold them. They included millions of acres of the finest ttmber in the world. The average cut an acre was enormous and much in ex cess of the cut of any other known timber tracts. The best of it would cut, at a minimum, 30,000 feet an acre, and some cuts would run as high as 50.000 feet an acre. The timber was of the best, consisting largely of red wood, Oregon fir, white pine and spruce. - Most of It was easily acces sible and all of it could be reached. It was practically all In moist regions, free from fire dangers, and when there were fires the timber could be cut out afterward at a comparatively small loss. For years the eyes of the lum bermen had been on this section and they had schemed without avail until the 1897 session of Congress, when a way was found to get into the land. Joker in Appropriation Bill. "In the closing hours of the session of. 1897 an item appropriating a small sum for the preservation of forests was introduced and passed. Following it in the bill came the provision: That In ewes In which a tract covered by an unperfe'eted bona, flde claim or by a patent la included Within the limits of a public forest reserve, the settler or owner thereof may. If he desires to do bo, relinquish the tract to the Government, and in lieu thereof select a tract of vacant land open to settlement, not ex ceeding In area the tract covered by the claim er patent, and no charge shall be made In these oases for the making of the entry of record or issuing the patent to cover the tract selected. "This looked like an innocent propo sition, and it is possible that the com mittee that indorsed it and the Con gress that passed it were ignorant of its vicious features. It was apparently an act to relieve a poor homesteader cut off by forest reservation" defini tions. It may be of interest to know that the forest lieu selection clause was fathered by Senator Pcttigrew and was put on as a rider to the sundry civil bill in the Senate, after the bill had come from the House. It was passed with consummate ease. Pettlgrew subsequently led a fight' to repeal the measure, and said that its intent and purpose had been diverted to make it a vehicle for looting the Government of its best timber lands. It is significant that Cornelius N. Bliss was then Secretary of the Interior and urged the clause. Bliss has since been pretty well Illuminated in the insurance eases. He was then, as al ways, .a corporation and railroad man. Allison, Hill and Gorman were the Senators on the committee that passed tho bill. It has been charged, and cir cumstances lend rlausibility to the charge, that the scheme was concocted in the land office of the Northern Pa cific Railroad Company in St. Paul, and for the benefit of the Weyerhaeuser In terests. It may be recorded In passing that when Congress realized what abuses were enacted under this apapr ently Innocent act it was repealed In. 1904; but the damage had been done. "The joker camo in this wise: At different times, and in order to aid in the construction of transcontinental railroads. Congress made land grants to the roads. Tho Northern Pacific, the Union Pacific, the Southern Pacific and the Atlantic & Pacific (now the Santa Fe), were the beneficiaries. These grants carried with them millions of acrs, taking in as they did every alter nate section of 640 acres on both sides of the tracks for a distance of 20 miles. Whenvthis act was passed in 1897. the land w-hich had been used to finance the railroads hud largely passed out of their hands and there remained only, generally speaking, worthless or de nuded lands. There were, however (and here the whole scheme stands re vealed).' somewhat less than 4.000.000 acres of these worthless or denuded lands owned by the companies in the year 1897. which had been caught with in the confines of Government forest reserves. As soon ns the law passed, the railroads proceeded promptly to ex change out these worthless lands for the finest timber lands the Government owned. The total amount owned with in forest reservations by the land-granft roads was: Santa Fe 1,368,960 Southern Pacific 543,000 Northern Pacific 1,401,000 "There were other subsidiary compa nies of the railroads, such as the Aztec Iand & Cattle Company (the Selig mans), which owned 1 32,000 acres, own ing thousands enough to bring the grand total close to 4,000.000 acres. The Santa Fe was a laggard in the deal, and it Is surmised that they did not tumble to what was going on until some time after the act was passed. There was nothing dense about the Northern Pa cific, however, and scarcely was the law passed before they were into the wonderful forests of the Northwest like hungry wolves. Bad Land for Good. "This process of exchanging worth less or denuded lands lying within for est reserves for valuable lands, heav ily timbered, involved Mount Rainier, the majestic and snow-capped moun tain that towers over Tacoma. This is perhaps the most picturesque and su perb peak in America. It was included in the original grant to the Northern Pacific. When the chance to exchange out came along, the railroad men and their timber allies were not actuated by any love for the .beautiful. In a matter-of-fact manner, with a sordid commercialism characteristic of all their operations, they handed over beautiful Mount Rainier and took in its place an equal area of timber land which they could cut into and turn into dollars. "It was the Northern Pacific that turned the trick, but it was Weyer haeuser who was to benefit. For the last 30 years Weyerhaeuser has been practically the timber agent of the Northern Pacific, and also of the Great Northern. A whole story might be written about the deals by which the spoilers, in the guise of the railroads, secured these valuable lands from the Government. Then a sequel might be written showing the spoliation of the spoilers. The officers of the Northern Pacific, working through the Weyer haeuser timber companies, sold great tracts of these rich lands to the Weyer haeuser syndicate for a song. Six dol lars an acre is said to have been the ruling price. R. L. McCormick. the Weyerhaeuser agent in Tacoma, Wash ington, admits that that Is what the company paid for 1,000,000 acres of Northern Pacific land lying west of the Cascades. It was one quarter-section out of this lot that sold for $76,000 a profit of 2000 per cent in a few short years. "This shrewd deal, whereby Weyer haeuser got the richest timber lands in the world at practically no cost and without the slightest danger to anyone, turned the attention of the syndicate (Concluded on Faze 4.) JOINT ACTION AT E One Great Result of Bryce's Coming. THREE NATIONS IN PHALANX United States, Great Britain, France, for Peace. BRYCE SAILS IN ONE MONTH Ills Appointment Heralds Agreement Among Three Great Democratic Nations Britain Not Oppos ing Drago Doctrine. LONDON, Dec. 24. James Bryce, the retiring Chief Secretary for Ireland, who Is to succeed Sir Mortimer Durand as British Ambassador at Washington, is arranging to leave for the United States in about three or four weeks. In the meantime he has started on a tour for the purpose of closing up his business affairs, first going to Dublin, where he Is now conferring with the Lord Lieu tenant, the Earl of Aberdeen, concern ing the transfer of Irish affairs. Then Mr. Bryce will visit his constituents at Aberdeen, returning later to London In order to close up his residence and hold a final conference with Foreign Secretary Grey concerning Anglo-American ques tions before sailing for New York. The preparations for Mr. Bryce's departure for Washington are proceeding, although his appointment as Ambassador has not yet been officially announced. AV1I1 Meet Congressmen. The early departure of Sir Mortimer Durand's successor is designed to give the latter several weeks In Washington prior to the adjournment of Congress, thus permitting a renewal of the ac quaintances made on the occasion of his last visit, when he was given the privi lege of the floor of the House of Repre sentatives and was" Invited to occupy a seat at the Speaker's desk. The personal appearance of Mr. Bryce has considerably changed since then, his Iron-gray hair and closely-cropped beard having turned white. However, this has not aged him perceptibly, as he continues to display those striking appearances of Intellectual vigor and engaging personali ty which have given hiin the reputation of being one of the most agreeable not ables In England. Mrs. .Bryce Coming Also. The closing of Mr. Bryce's London home points to the probability that Mrs. Bryce -will accompany her husband to Wash ington. Mrs. Bryce's grandmother was an American and she preserves many American characteristics and associations. " I HOPE HAGU CONGRESS ' " ' ''''' ' ' ..................... ...... Up . to the present time the Bryces have moved rather more among intellectual than fashionable society. They have not entertained extensively, although since Mr. Bryce has been a member of the Cab inet Mrs. Bryce's Cabinet receptions have been notable for their geniality. The opinion is growing stronger in of ficial and diplomatic circles here that Mr. Bryce will be named head of the British delegation to the next peace con ference and it is pointed out that this will be another evidence of Great Brit ain's desire to co-operate with the United States, as Mr. Bryce's presence In Wash ington prior to going to The Hague will permit of an arrangement for the per formance of a joint policy there. It Is expected France will join In this same movement as a result of the Anglo France entente, thus Great Britain and France together to exercise an important influence on the final results to be achieved at The Hague. Reports recently have been in circula tion in certain capitals of Europe to the effect that Great Britain was opposed to the American plan of submitting the Drago doctrine to The Hague conference, but the official exchanges going on here have not disclosed the slightest opposi tion on her part to this step. On the contrary, the expectations are that Great Britain is -ready to submit the question of the Drago doctrine to The Hague con ference, reserving, final action thereon until it has been discussed. No definite arrangements, however, regarding the questions to be .submitted to The Hague have yet been made, and Mr. Bryce's presence In Washington and his probable apolntment to head the British delega tion to The Hague are expected to con tribute to an arrangement whereby Great Britain and the United States may act along parallel lines. CAVALRY'S WILD EXPLOIT SEIZE KLKCTKIC CARS AND RACE BACK TO FORT. Drunken Troopers Beat Carmen and Frighten Women With Reckless Speed Land In Guardhouse. LEAVENWORTH, Kan.. Dec. 24". Sev eral members of the Ninth Cavalry,, sta tioned at Fort Leavenworth, while in toxicated, created a disturbance on a jeavenworth-bound electric car here to night.. They kicked all of the windows out, beat the conductor and the motor man, locked them in and raced with the car to Fort Leavenworth, where the rioters were placed In the guard-house. Several white women were on the car during the trouble and some of them leaped off, hut none were injured. LIEUT. MITCHELL RETIRED Son of Late Senator Disabled for Army Service. OREGON! AN NEWS BUREAU, Wash ington. Dec. 24. First Lieutenant Hiram E. Mitchell, Artillery Corps, son of the late Senator Mitchell, having been found by an army retiring board incapacitated for active service on account of disability, his retirement by the President from active service to date from December 21, 1906, Is announced. Lieutenant Mitchell is a graduate of the law department of George Washington University in this city. During the Span ish War he was 'captain in the volunteer quartermaster's department and in Sep tember, 1901, was appointed first lieuten ant in the Artillery Corps. He had been recently under treatement at the general hospital. Washington Barracks, and is still confined to his room. THERE ARE SOME CARS IN DEATH PENALTY FOR SURRENDER Verdict of Nebogatoff Court-martial. CZAR WILL GIVE COMMUTATION Russian Admiral and Three Officers to Dungeon. SHORT TERMS FOR OTHERS Stern Law of Muscovy Will Be Tempered Nebogatoff Squirms When Green Officer Tells 11 1m His Duty. ST. PETERSBURG, Dec. 24. The court martial which has been trying Rear-Admiral Nebogatoft and 78 officers of his squadron for surrendering to the Japa nese in the battle of the Sea of Japan handed in its decisions tonight. Vice Admiral Nebogatoff, Commander Lichino, of the coast squadron; General Aprln; Rear-Admiral Gregorieff, of the coast defense ship Admiral Senivlen, and Lieu tenant Smirnoff, who succeded to the command of the battleship Nlcolal, were sentenced to death, but In view of ex tenuating circumstances and the long and otherwise blameless careers of these officers, the court will petition the Em peror to commute the sentences to 10 years' imprisonment in a fortress. Four other officers are sentenced to short terms of imprisonment in a fortress, while the remainder are acquitted. Three Sets of Charges. The trial of Rear-Admiral Nebogatoff and the officers of his squadron began in St. Petersburg December 5. The accused were divided into three categories First, Rear-Admiral Nebogatoff and the com manders of the battleships; second, the officers who advocated the surrender, and third, the officers who did not endeavor to prevent the surrender. Tho first group of officers was tried under the paragraph of the navy regu lations which provides for the punish ment by death of any commander of a squadron or ship who surrenders with out a fight when he could save his crew or Inflict damage upon the enemy. The sentences passed upon Rear-Alml-ral Nebogatoft and the three commanders are similar to those handed down in the cases of the naval officers who were condemned by courtmartial for surrender ing the torpedo-boat destroyer Bedovl to the Japanese. These sentences were coupled with a similar recommendation to the Emperor for mercy and such Inter cession generally has proved succesful. The lawyers for the defense In the Ne bogatoff trial, a majority of whom are THERE " active politicians, devoted most of their attention to the political aspects of the case. The government prosecutor in his clos ing address declared that the infliction of the death penalty under the circum stances was out of harmony with the spirit of the times, but he declared that the guilt of the officers in question found no example in history. Rear-Admiral Nebogatoff, he said, could at least have transferred all his commands to one battleship and then sunk the rest of his squadron. The Rear-Admiral made an emotional reply. In which he dwelt upon the ignor ance of the prosecutor, who. he said, has worn the uniform of the navy for only one year. TERROR AMONG TYRANTS. Other Russian ex-Officials Fear Fate of Ignatieff. ST. PETERSBURG. Dec. 24. The funeral of General Count Alexis P. Ignatieff, who was shot and killed at Tver on December 22. will take place on December 25. The body will be Interred In Alexandlenvesky monas tery, one of the three largest resting places in Russia for the country's most famous dead. Upon arriving in St. Petersburg it will be met by Grand Duke Constantinovltch, Grand Duchess Elizabeth, a brother of the late Grand Duke Serglus and other members of the royal family. The widow of Count Ignatieff has received telegrams of condolence from the Emperor and Empress of Russia and from several of the crowned heads of Europe. The murder of Count Ignatieff has caused consternation among a number of ex-offfcials of the Von Plehve and Slpiagulne regimes who have retired from the field of active administration. They now fear that their past records expose them to the same danger of belated retribution. The Novoe Vremya furnishes the following details of the murder: The assassin had an accomplice, who has not yet been captured. Both men be longed to the group of terrorists with headquarters in Moscow, where the crime was planned. An unknown man attracted the attention of the Count on December 21 by following his carriage from the railroad station, but Ignatieff thought he was a police detective, and dismissed the matter from his mind. He felt so safe within the -Hall of No bles that even while driving thither he left his revolver with his valet. It has been learned that the murderer stole up a back stairway of the build ing and took advantage of the commo tton In the dining-room during the in termission to approach within arm's length of his intended victim. The bullets fired from the man's revolver have been examined and found coated with a virulent poison. IGNORED THREE WARNINGS Count Went to Meet Assassin With Eyes Open. TVER. Russia, Dec. 24. The Arch bishop of Tver. In the course of his sermon to the memory of the late Count Ignatieff, who was murdered two days ago, told his congregation that Count Ignatieff visited him half an hour before his murder, and said he had received three death warnings, one of which was couched in the following terms: "If you do not leave the meeting, you will be killed." Count Ignatieff said to the arch bishop: "I feat) nothing; I will face the dan ger." High Army Officer Murdered. LUKOW. Poland. Doc. 24. Colonel Ob roucheff. commander of the Eighty-first infantry, has been killed on his estate near here by an unknown man. CONTENTS TODAY'S PAPER The Weather. YESTERDAY'S Maximum temperature, 41 degrees; minimum, 38. TODAY'S Rain; easterly winds. Foreign. Court martini's severe sentence en Neboga toft and his admirers. Page 1. 1 Assassination of Ignatieff causes terror among Russian officials. Page 1. France and Britain combine to Isolate Ger. many. Page 4. Nutlonal. Bryee will line up Britain. America and France at The Harie conference. Page 1. Good work of life-saving service. Page 6. Domestic. Lavtph Christmas gifts by Chicago banks and corporations. Pafte 1. Great sum to be distributed in dividends and interest. Page 2. Cause of Dereylan's masquerade as man. Page 2. Interstate Commission fixes date for hearing Spokane case. Page 4. Peary's ship arrives In New York. Page 3. Mississippi troops called out to suppress negro rioters. Page 3. Firemen's strike ties up through freight on Sunset route and threatens entire Harrt- man system. Page 2. Cavalrymen run atvay with electric car at Fort Leavenworth. Page 1. Pacific Coast. Verdict declaring Sidney Sloans, patricide. Insane meets with popular disapproval at Spokane. Page 6. Bill's million-dollar depot at Seattle proves a great disappointment. Page 9. George Halllfleld dies in Lewlston hospital, taken ill while searching for home folks to spend Christmas. Page 6. Miss Parker, a High School teacher. Is an entertaining witness In the Thompson murder trial at Tacoma. Page 6. Sports. Multnomah football team goes North to meet Seattle Athletic Club In Christmas day game. Pago 9. The Dalles Columblas and the Second Mult nomah football teams to meet in Port land today. Page 9. Commercial and Marine. No abatement of Eastern hop demand. Page 13. Wheat firm at Chicago on light trading. Page 13. Shrinkage In stock values at New York. Page 13. Steamers Goto Maru and Arabia arrive from the Orient. Page 12. Portland and Vicinity. Magazine writer describes operations of Weyerhaeuser syndicate.. Page 1. Christmas programmes at Portland churches. Page 8. Japanese servant, mistaken for burglar, . wounded probably fatally by Arthur Mc Ewan. Page 8. Council ways and means committee rec ommends that city tax of 5.7 mills be levied. Page b. HALF MILLION IN CHRISTMAS GIFTS Chicago Banks Liberal With Employes. OTHER CORPORATIONS ALSO Gratitude for Faithful Service and Prosperity. SHOWERS OF GOLD PIECES One Company Distributes $300,00$ Among Work People One Com pany's Employes Nearly All Get Dividends. CHICAGO. Dec. 24. (Special.)-Chrl.t mas gifts aggregating more than $300,000 were given to employes by Chicago em ployers today in grateful remembrance of a year of faithful work as well as of strenuous endeavor In previous years. The gifts ranged from $2 upward and in some cases firms disbursed larger sums. The Crane Company, manufacturers of elevators, was the biggest contributor, and acter Santa Claus to the extent of nearly J.100.000. The compnny distributes part of Its earnings to employes and every man, woman and youth working for the firm was satisfied at the division. Prosperity struck every branch of business throughout the city, including tho banks. The latter In nearly every case presented gold pieces to their em ployes, the gifts ranging according to tho gradations of salary. Banks Give Away Thousands. The Corn Exchange National Bank dis tributed nearly tio.nno from Its not earn ings. Somo of the other gifts learned of were as follows: American Trust & Savings Bank Every employe was given a cash present. As the gifts were graded, John J. Abbott, vice-president. said he did not care to give out any details. Central Trust Company President Charles G. Dawes said a cash present was given to all employes, but he did not wish, to mention the amount given. First National Bank President Forgan said the company had a pension fund and that a substantial sum was added to it this year in order to reward faithful employes. Commercial National Bank Employes received 5 per cent on their salaries, tho total amounting to about $7ono. State Bank of Chicago All employes serving less thnn 10 years, a $10 gold piece, all serving more than 10 years a $20 gold piece. Gold Pieces All Around. Fort Dearborn National Bank Em ployes received a $10 gold piece each. Metropolitan Trust & Savings Bank President Gilbert said that gold pieces were presented to employes according to the grade of service. Prairie National Bank Every employe) got an additional week's salary. Prairie State Bank Every employe got ' an additional week's salary. Stock Yards Savings Bank The salaries of employes are raised at Christmas time. Colonial Trust & Savings Bank Gifts of $10 and $20 gold pieces were presented according to the salary graduation. Commonwealth Trust & Savings Bank Every employe got a check as a Christ mas present, according to rank and salary rate. Drovers' Trust & Savings Bank Every; employe received a gold piece. Drovers' Deposit National Bank Every employe received a gold piece. Hibernian Banking Association Eight hundred dollars in gold pieces was given out among the employes In $10 and $30 coins. Merchants' Loan & Trust Company Ona hundred and eighty-six employes werej given a $20 gold piece each, the total gift amounting to $3720. Union Trust Company Each enrploya got a gold piece. Northern Trust Company Each employs got a gold piece. Western Trust & Savings Bank Every employe received a gold piece. Employes Get Dividends. A. C. McClurg & Co. Employes will get dividends, as most of them are stock holders In the company. The Fair Each employe who had worked for more than a year for the firm received a $5 gold piece; those who had worked less than a year received $2. Swift & Co. Gave each employe a $5 gold piece. A. Jurgens Brothers' Company Em ployes received gifts ranging from $25 down to $5. Drexel State Bank Gold pieces, the de nominations graded according to salary rate. Livestock Trust & Savings Bank Sums ranging from $23 down to $10 for each employe. Some of the banks will wait until the closing of their books by the end of the year before they figure on making a present to their employes. Cornell Cosmopolitan Club. ALBANY, N. Y., Dec. 24. The Cor nell Cosmopolitan Club of Ithaca. N. Y., formed for the purpose of uniting; Cornell students of all nationalities and extending the influence of the university, was incorporated here to-m y. f-