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FORECAST
Tonight nml Wednesday
Full's Cooler Tonight,
?ORB
WEATHER
Slav, ycMerduy II; Mill,
(inlay t!l; I'm'lp.
rorty-tlxtl Year.
Onllv Eleventh Trar. .
MF.DFORD. ORFOOX. TFF.SpAY. JANUARY :!0. 1!)17
NO. 2(:
BARUCH MADE $476,168 IN
WALL STREET SPECULATIONS BUT
POTS 0. K. ON 0. S. TREASURY NOTES CHOKES
1
f SEATTLE FAILS
PLAN DEBATE
GERMAN
1
NORTHERN BANK
WARN NEUTRALS
WORLD PEACE
WAS IGNORANT OE PEACE NOTE OFF ARMED SHIPS
OPEN DOORS
Profit Due to His Own Foresight in
Interpreting Speeches of Holweg
and Lloyd George Denies Lawson
Story in Detail Other Witnesses
Are Heard.
NEW YORK, Jan. 30. Bernard
Barucl, Wall street speculator, $50,-
000 contributor to the last democrat
ic campaign fund and heavy short
seller In the stormy days preceding
the Issuance of President Wilson's
recent peace note, testified at the
"leak' Inquiry today that his profits
on the market between December 10
and December 23 wero $470,108.
Every cent of his profit, he declar
ed, was duo to his foresight in Inter
preting speeches by Von Bethniann
Jlolweg and David Lloyd George as
meaning peace was coming.
Not a single transaction he made,
ho said, was Influenced by advauco
Information that the president was
about to dispatch a peace note. He
received no such information, he
said, and added that he had no se
cret sources of information in Wash
ington on which he based any of his
stock operations.
Ignorant of Xote.
As proof of his assertion that he
was unaware that a note was fort!'.
o.)mIng from the president, ho wan
oil tho buying side of the market
when news of It became public, he
said. Neither he nor any other man
would have been caught in such a
position, he declared, if he had fore
seen the note.
liaruch also pointed out several
errors he made in the market during
tho thirteen days period of his profit
taking. On several occasions ho was
forced to .sell stocks at a loss, he tes
tified and finally, on the day before
the president's note was made public,
ho overlooked the Dow-Jones ticker
"tip" which ho had In his office,
that a note was expected.
"f covered that day," he said, "and
1 am sorry I did."
Phoned for House.
Testifying that during the "leak"
period he had called up Secretary
McAdoo, Baruch explained that he
had done so at the instance of Col
onel E. M. House, President Wilson's
adviser, to suggest to the secretary
tfflt name of a man to fill a vacancy
on tho board of the federal reserve
bank of New York. He said that Col
onel House hnd called him by tele
phone and said: "There is a vacancy
in tho federal reserve bank. I don't
know anything about those fellows
down there. Won't you suggest a
name?" Baruch said he did so, Col
onel House thought the name satis
factory and asked him to suggest it
to Sccrolary McAdoo.
White's K.vumhint ion.
As unexpectedly Mr. Whipple
brought the name of Ambassador Von
Bernstorff into his examination of
WASHINGTON, Jan. ,'i0. A very
severe earthipiakc, the tremors of
which continued more than three
hours, occurred durintr Inst niht. cen
tered iihmit .VMM) miles from Wash
ington. So severe were the shocks
when they retched their maximum in
tensity that the recording needles of
two of the four seismographs at
Georgetown university observatory
were thrown off t ho scales. These
maximum shocks were recorded on
the vertical seismographs at 10:J5
and 10:'2. o'clock last niht. The
tremors did not die away until 12:'u
o'clock this morning. The first
shocks were recorded on the instru
ments at lt:47 p. m., eastern time.
CKKVKLAXn, O., Jan. HO. Kairtli
shocks were recorded on the seismo
graph at St. Ignatius college observa
tory Monday nitrtit. Martins at
lft:10::. p. m., they readied their
maximum at 10:18:40 and ended at
11::i0 p. m. Kev. Father (tdeiiba. h.
in charge of tho observatory, o-ti-mntes
the location of the quake at a
distance of between 70UO and Soon
kilometers.
BEPNADD BARUCH
the Gorman official's friend, Archi
bald S. While, the New York ftnan-
; cler, he suddenly closed his direct in
terrogation of White today after ob-
I tuinhig denials from him that he. hud
: received advice in advance from gov
: eminent sources regarding peace ne
' gotiulions.
! Having established the close rela
tionship between White and the am
; bassador yesterday and questioned
the witness closely about alleged ef
forts of Thomas V. Law son to ar-
range a meeting with Von Uernstorff,
Whipple today drew an expectant au-
dlence to the hearing room. Then,
with rumors of possible revelations
; flying fast, Whipple asked White, less
; than half a dozen questioiiH and turn
' ed him over to the committccvf or fur
ther examination.
No Official Accounts.
Reading first from testimony pre
viously taken by the committee In
Washington Whipple brought out
that details of the Herman govein-
mont's peace proposals and Presi
dent Wilson's note wero Vnown fn
' German afficial headquarters here
'and in Washington before they were
made public and asked White IT he
' received any advance information
about them through such channels
White answered negatively
"Have you, or have you had, any
I accounts in which persons in official
1 life were interested?" Whipple asked.
"i.Vo," While answered.
Representative Campbell then took
up the examination and tried to get
I White to admit that lie had joined
j with l.awson in stock market oper
ations based on the top heavy con
jditiou of t lie market and the possi
bility of peace.
leiiies Lawson's Statement.
"Did Lawson suggest to you,"
asked Campbell, "that the market
'was top heavy and that a suggestion
of peace would start the market
'down and that it was a good time
to get all your friends into a pool?"
"Xo, sir," said White.
Putting the question in many dif
ferent forms, Campbell tried to learn
specificaly what White and Lawson
'talked about at their various meet
ings in New York prior to the time
the peace situation was a big factor
in the stock market. All White
would say that they talked En "gen
eral terms," about the war and it?
"economic effects.''
lie said he could not recall ever
having discussed various specific
subjects which the congressman sug
gested to him the German peace
proposals, the Moyd George speech
in reply, or the arrival of the Deutsch-
land and the t-5:j or "President Wil
son's attitude."
Submarine's Anlval.
"You had advance information on
the arrival or the I'-.Vi didn't you?"
asked Campbell.
"i did not. I knew nothing of it
until 1 saw It in the newspapers."
"Do you think Lawson ought to be
in the Invane asylum or behind the
bars which "
"I have no opinion on that. It is
not within my jurisdiction," replied
the witness with a laugh.
(Continued on Page Two.)
11 MiLITlA 10
BE SEN! BORDER
WASHINGTON. Jan. Seere-
j tary liaker said today that as soon lis
j the J-.0imi National Guardsmen re
I cently ordered from the Mexican bor-
dcr had lett tor their home -late, ad
ditional in nit in men would lie sent
troin tiie border. Itelimto plan, he
-a ill, depend iip'n Irnn-poilotion facilities
Washington Expects Notice From
Berlin Suggesting That Citizens of
United States Needlessly Place
Themselves in Danger !iy Sailing on
Defensively Armed Merchantmen.
WASHINGTON. Jan. :10.A warn
ing to Americans from the central
powers not to take passe on de
fensively armed ships is expected here
soon. Whether the warnint: will be
conveyed to the state department
through tle American embassy in
Merlin or through the German em
bassy in Washington is not indicat;:-..
Kor several weeks the German lov
ernnicnt has been submitting tvpre.
sentations to the state department in
cases wherein it is claimed merchant
ships armed ostensibly for defensive
purposes have attacked German sub
marines. I'ndersen War Kxpected.
Reports that Great Iiritain and her
allies were considering placing still
heavier armament upon their mer
chant ships have been regarded in
German quarters as forecasting: fights
to a finish between armed merchant
men of the entente allies and submar
ines if he central powers, with Die
resumption of naval operations in the
spring. It is asserted in the same
quarters that upon no consideration
would British or t French merchant
.hips submit to vif.it and search in
accordance .with the customs of in
ternational law, and that (his adds to
the certainty of battle between the
two classes of enemy craft."
The presence of even one gun on a
merchantman has always been ' held
by German officials to be pregnant of
danger to passengers and crew. If a
merchantman so armed opens fire, ac
cording to the principles of interna
tional law, recognized bv the I'nited
States, ii loses immunity.
IMverstty of View.
If an answering shot is fired by a
submarine, it is held to be operating
in conformity with law. According
to the American view, the instant the
merchant ship capitulates, it and the
passengers and crew, are again to be
considered immune from ha mi.
German officials now have about
reached the conclusion that it is
proper to call the attention .of the
Tinted States to the cases submitted
and suggest in friendlv spirit that
Americans taking passage on ships
which the Cnited States considers de
fensively armed, needlessly place
themselves in danger.
By STEEL TRUST
tXKW YORK, Jan. ISO. The V lilt
ed States Steel corporation today de
clared an extra quarterly dividend of
1 per cent, together with the usual
disburHCtnent of 1 lA per cent. These
dividends, covering the last three
months of ll'lii, bring the total of
regular and extra common dividend
for the year up to per cent.
Total earnings for the quarter
wero $ 1 OTi.OfiS.IM ", constituting a
new high record. Total earnings for
IMG amounted to $:::;:!, 025, DCS or
more than double those during any
preceding year.
IDENTIFY LHIERS OF
SPOKAS'K. Jan. :tn.-The United
State-1 district attorney continued to
day in the trial of (he five former of
ficer, nf the Noi th we-tern General
Trailing company of Spokane, charg
ed with having used the maiU to de
fraud in the sale of stock, to have
letters written in connection with the
company'-, affair- identified by far
mer --ten'grapber-. None of the let
ters were read to the jury.
Mi-- M. A. Finding, a former sten
ographer at the alleged Portland
biau-h l the nmip.uty. identified letter-
-he -uid had been dictated by
Cde I . I'avi-, ji defetidiint. and for
mer manager id' the Portland company.
Si ri lSi
iMfss ltoc, chief of tlie niindwi hi division of tlic hiiceau of engraving;
and printing, bus worked for the V. S. government ."50 veers. Slio super
vises -20 men and women ami . K.'s new tieasnry notes amounting to
u n'ltch as $1 1 OiMI.000 ter day.
VILLA OCCUPIES
I-X PASO, Tex., Jan. m The first
American troops of the expeditionary i
forces readied I'alonias hakes, eight
miles from Columbus. X. M.. eariy to
day, passengers who arrived here
from Columbus this afternoon said.
The detachment of the troops was
small and made up of negro soldiers,
they said.
Villa forces have moved up to Gal
cana, eighteen miles north of Kl
Yulic, i;nd only thirty miles southeast
of Colouia Ihibinn, (iccording to Villa
sources here. It was claimed Villa
was slowly occupying the country be
ing evacuated by the IVi'shing troops.
, General Pershing was reported
from other sources to have left Col
ouia Ihihlun today with the rear uuard
of his expedition. His departure
took place after the passenger train
left for Juarez today with the re
maining refugees on board.
The Villa forces at Kl Vulle. Gale
ana and Las Cruces were said to be
in command of the Mnrgiiiu brothers.
The de faelo force seen at jo de
Agua. north -of Chihuahua City, was
said to be proceeding to the eastern
entrance to Santa Clara canyon and
would not cross to Kl Vulle.
Arrivals from Chihuahua City say
General Kraneifco Mnrgnia, the Cur
ran .a commander, had admitted his
inability to garrir-oii western Chihua
hua after Perching'.- withdrawal.
II
IN SPANELL TRIAL
SAX ANCKL, Tex., Jan. .'10. After
iutrodueiitg three witnesses in sur
rebuttal, this morning, the defense
rested in the trial of Harry ,1. Span
ell of Alpine, Texari. who is charged
with killing his wile and Lieutenant
Colonel A!. C. Hulier last. July.
Veniremen have been summoned
to appear Thursday, February 1 for
the trial of Spanell on the charge of
killing Lieutenant M. C. Hutler. If
the verdict in the lirst case has not
been returned by Thursday, the sec
ond venire will have to be set hack,
it Is stated.
FREE TEXT
BILL IS DEFEATED
SALKM. Dr., .Ian. .!fl. A measure
introduced by liepie-entat ive Frank
I'. TiehciKir. Poll Orinrd. aimed to
provide free text bonks for public
school children, wm- defeated in the
house of rcprcscntalives here today,
IH to 'I'l. Tndiinor defended the
measure, claiming it was intended to
benefit "Ilic poor kid-."
AMENDMENT SUBMITTED
TO MAKE IOWA DRY
I IKS MnlXKS. Li., dan. V- The
Iowa ho;i-e of repie.-iiitative- today
adopted a re-oltiluu -uhmitlitig to a
vote of the people (In- con-titulional
a trie to I men t pi o i'liiig for si a tew jdc
ab-oliile prohibition.
; 7- U
ROE.
ATTACK FRENCH
PARIS, Jan. 30. The Germans
last night made another offensive
movement In the region of Hill 1104,
northwest of Verdun, attacking a
Trench trench. The attack, shvh to
day's war office announcement, was
stopped by gunfire with considerable
losses to the C.ermuns.
HKItLIN, .Jan. HO.- French troops
last night delivered four fresh at
tacks on the German linen ut 1 1 i 1 1
304, north wvt of Ve rd u n , arm y
headquarters anounced today. Tho
attacks failed of success.
The region of Hill ,'!0t. northwest
of Verdun was the only one In the
European war field in which activity
of note developed during the last 2 1
hours, so far as today's official re
ports from the German and Kioii-?h
war office reveal.
Berlin's statement indicates that
the French are continuing their at
tempt to regain the ground re;;futly
lost there, which tho German ac
counts declare have been fruitless.
Last night's efforts were as unpro
ductive as those preceding them, it Is
declared, the crown prince's troops
repulsing all the attacks made.
Paris, fn reporting on the fighting
in this region, mentions only a (Icr
man hand grenade attack on a
French trench which was stopped by
gun fiie.
French air men brought down
three German airplanes in engage
ments yesterday, Paris announces,
TO ORGANIZE STAFF
' FDR MR. FLETCHER
WASHINGTON', .h.ii. :m.- After
today'.- cabinet meeting Secretary
Lan-iug announced he Would get in
touch with Amba.-.-ador Fletcher im
mediately, organize a complete stul'!'
for I he Amciican embaf.y ami send
Mr. Fletcher and hi- n-H-lants to
Mexico City tt-t as -imii a- the arrangement.-
can be made.
Mr. Fletcher will curry detailed iu--t
ructions lor dealing with different
point-, petidini: between the Amciica'i
and Mexican u'ovei ntiienl including
objectionable jatt- 111 lite lo w Mexi
can con-titutioii.
SOLD TO SYNDICATE
lll-'.TIIorr. Mn li.. .Inn. Tho
-iilr nf tlir lii'ii'nit .I'liirmil, mi :illi-r-MiM.ii
urn '-.(tnpiT, U'lis iinii'ilini'i'il tn
ilny. Tin' ni'W mvniTs jm1 N. ('.
Viicht IIM'I II. S. I'lllilllrilMiT lC Tn
ll'llll, llllll I'. C. VfTlllllll nml I'miiI
I'llM'k (if NlMV 'lHk. Till' IMIM'lllt'.l'
iri''i. wii. mil imifli' MiMi'.
AnnniiTi'-i'ini'iit wii mmli' liv K. p.
Sinir, ) i; I 1 1 -1 1 r nf tlx- .liMinml. Mr.
Slnir iil-n i miIiIi-Iiit nf 111-- Kri-i'
l'ri'-. it liM-iil iimiiiiii'.' i:ijiit. Hi.-.
jiniKiiiiH'i-ii.i'ril 'iiid llii'ir wuiilil In- ii.!
I'li.injje in tin' inli.-ii' ill' tin- Jiiiiinul,
Cummins Calls Up Resolution to De
bate President's Proposal to Op
pose Plan Lewis and McCumhcr
Also Introduce Resolutions, Latter
Wantinq Peace Secured by Victory.
WASHINGTON'. Jan. .ill. Debate
on President WiUon's world peace
proposals was brought to an abrupt
end in the senate late today when
senator t ummins motion lo call up
his re-olntioii for it-, exclusive debate
was tabled on motion of Senator
Williams, democrat.
The vote to table the motion was MS
to .10. Senator Martiiie was the only
democrat who voted with (he repub
licans in favor of taking up the Cum
mills' resolution.
Cummins Opens Debate.
Opening, debate in the senate today
on President W ilson's world peace
propo.-nls, Senator Cummins, repub
lican, declared that to do what the
president suggests would involve the
Cnited State- either in almost con
stant world war or constant rebellion
again-t the authority of the world
sovereignty the president proposes. ,
Asserting that he stood with the
president in every moral effort pos
sible for him to exert to bring an end
to the present war. Senator Cummins
said he refused to follow him "when
he leads tiie way toward the world
sovereignty which he has proposed."
Senator Lewi- cf Illinois, demo
crat, today introduced a resolution
which would express it to be the sense
of the senate that President Wilson V
peace address does not propose abol
ishment or limitation o Ibe Monroe
doctrine or propose military aggres
sion by the Cnited Slates in forciyn
lands. He a-ked that the resolution
lie ou the table.
Laid Cpon Table.
Another resolution by Senator Mc--Cuiubcr
of North Hakota, which also
was read and laid on the table, de
clared that while the senate sympa
thized with the president's effort In
secure speedy termination of the war,
nevertheless it was unable to agree
with the pie-iilcnt's propo-al for "a
peace without victory, of the spe
cilie teiiu- for the Cnited Stales join,
im: a world tribunal to enforce peace.
The Lewis resolution, designed as
a substitute for Senator JJorah's
proposal rcn ffirniing the Monroe doc
trine and the advice of Washington
and Jefferson against foreign alli
ances would declare 'il is he sen-e
of the senate that (lie address of the
president delivered lo the senate on
the 'J'Jd of January, 1!H7, does not
propo.-e tiie nboli-hment or limitation
of the Monroe doctrine of America hi
its affect or application lo any part
of the wc-tcrii hemisphere, nor docs
it propose to send the nriuv or navy
of I he Cnited State- or any military
or naval power of the Cnited Slates
lo any foreign territory except when
iicce-snry to prc-crve the peace of (lie
I'liitcd States or to protect the just
rit:h Is. of America or where the -nine
is u--aileil,"
Senator MeCumbcr's resolution re
cited that while the senate could not
agree with the specific .statement- of
the pre-iiieiil ',- ntes-niic, it -hoidd de
clare it-elt a- -tandim: i;c,nly io join
with other world power- in lending the
"moral and phy-ieal force" of the
Knifed State- Inward preventing an
other w orhl -devastal iim war.
Senator Ciimniiiis spoke diicctlv to
his re-olutioii, which would -et aside
time for exclusive debate of the president-
recent peace addie--, but he
dcpjirlcd from that pha-e to di-eir-s
its merits which ha- aroused Ihotiht
(Continued on Page Two.)
ADOPTED BY TURKEY
AMSTKIilUM, dan. Iln. A .,i.
stantinople di-pati'h lo licuter's ns
that the Turki-h parliament, on the
I'ceouimendal ioti ot" I io govern incut,
has forma II v ml opted I lie ( ! redone n
calendar.
The Mohammedan calendar, used
up to the pie-enl iu Turkev, a ha--ed
mi the changes ot' the moon ami
eon-i-tei of a vear of twelve lunar
months, roiiiuieneinu' iu the (trcoriaii
.Ink.
Concern With $100,000 Capital and
$1,500,000 Deposits in Hands of
State Bank Examiner Assistance
Refused by Clearing House Run
of Depositors Caused by Failure.
SHATT1.E, .lunu. ISO. Tho North
ern Ilunk uml Trust conipiiny, at
Fourth iivonuo nml 1'IUe street, Ulil
not open for bUBiness tilts inornltiR,
unit n not Ii e posted on the door said
the Institute was in the hands of the.
state bunk examiner.
iWlllliim I-.' Collier is president of
the bunk, and Cleveland B. Sundet'er
cashier. The clearinK house met last
Sunday and again last nlKlit to con-
slder the condition of the .Northern
Hank and Trust company and decided
not to assist the bank, which had re
quested aid. l.anso withdrawal ot
deposits from the Northern Hank and
Trust company are said to havo fol
lowed the failure of the Uroadway
Slate Hank two weeks ago.
$I,.VN),UIIII Deposlls.
Tho Northern Hank and Trust com
pany was capitalized for $100,000.
and had deposits of about $1..")00,UU0.
There was an orderly crowd out
side the bank today, most of the poo
plo being depositors, apparently.
Thoie wero many women in tho
crowd.
It Is said that no bank In Seattle
is affected by the falluro, but that
the Northern Bank and Trust com
pany was Interested In three out-of-town
banks uml also carried balances
ot 10 per cent in out of town batiks.
Concerning the suspension of the
Northern Hunk and Trust company,
the executive commltlee ot tho clear -ing
house association of Seattle Is
sued the following statement this
morning:
('leiirhifr House Statement.
"After an examination Into tho nf
t'alrs of the bank, such as it has been
possible to make, the executive com
mittee of the clearing house associa
tion concluded that It would be bet
ter for the state bank examiner's de
partment to lliiul'late tho bank rather
than for the clearing house associa
tion to take it over.
"This was partly because of tho
fact that certain legal complications
appeared and also because of tho un
settled state of one of tho largo in
terests appearing in tho list of tho
hank's assets, namely, the coal min
ing properties at lssuiiuah.
"Alvo Von Alvensleben, a finan
cier, who borrowed extensively iu
MM ! from the Dominion Trust com
pany of Vancouver, II'. C, which later;
failed, was president of tho 1hsuiUuU
company.
Funnel' t''nlliii'e Hurt,
''The situation with respect to llm
linking of the names of the Broad
way Statu Hank and the Northern
Hank and Trust company following
the suspension of tho former bank,
caused a slow, but steady, loss of de
posits In the Northern Hank aud
Trust, culminating in its suspension.
The dealing house committee be
lieves that the situation is now thor
oughly cleared up."
The Northern Hunk anil Trust
I'oiiiiiaiiy ai-ted as trustee for tho
lionilholilers of the lssuiiuah ami Su
perior t'oal .Mining company, which
bought the Issaquah coal mine, 20
miles from Seattle, a few years ago.
Alvo Von Alvenslelieu, a German fi
nancier whose borrowings wrecked
the Dominion Trust company of Van
couver, It. ('., In 1911, was presi
dent of the lssuiiuah company, anil
the t-ompiiuy Is said to have Invested
$l,uiiii,iiiiii In and near lssaiuali. Tho
company's mine equipment, bunkers
aud Iiiiul wi re sold .March IS of last
year to the Nortjiern Hunk and Trust
coinjiiiny for $LMI."i,000 in mortgugo
foreclosure proceedings.
TWO NEBRASKA
UNCI l, N, Xel,., .). : Two
banks, the Karmcr-' Slate bank and
the Hank ot ;ieniile, tibmille, Neb.,
were entered bv burglars last niuhf,
win i were e identic not utter bi-j
,'ainc. Theie was apparently no at
tempt to loot the sales, but merely
loo-e ehiiii'je mid stamps were taken.
Attempt-; were made to enter two saloons.