a418c24bAccommodated withdrawals, Full suspension, Books examined
Other: Receiver appointed and criminal complaints/arrests followed; bank placed in hands of receiver and did not resume normal operations.
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Run on Denver Bank. DENVER, Colo., August 8.-A run was started today on the Denver Savings Bank, which owes depositors about $2,000,000. At noon the doors were closed, and thereafter depositors were allowed to enter one at a time and draw 10 per cent of their deposits.
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DENVER SAVINGS BANK HAD A RUN TODAY Denver, Colo., Aug. 8.-A run started today on the Denver Savings bank, which has deposits of about $2,000,000. The depositors were admitted slowly, and permitted to draw 10 per cent of their deposits. Vice President F. P. Jones stated that the bank was in good condition and that the depositors would be fully protected.
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RUN STILL CONTINUES ON DENVER SAVINGS BANK Denver, . Colo., Aug. 9.-The run on the Denver Savings Bank was resumed today. There were about 300 people in line when the bank opened. The bank continued paying ten per cent of the deposits.
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Run Resumed Today. Denver, Colo., Aug. 9.-The run on the Denver Savings Bank was resumed today. There were about three hundred people in line when the bank opened. The bank continued paying ten per cent of the deposits.
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Denver Savings Bank opened its doors at 10 A. M. and the blg run started Monday afternoon was resumed. A slight run was started at the Western Bank yesterday afternoon: Leonard Imboden, the power behind the Denver Savings Bank, a short time ago held a heavy interest in the Western but is said to have sold out. The statement is now made that both of the banks have close Interests in common. There is much talk of asking Governor McDonald to at once summon the Legislature to pass adequate laws for the protection of depositors and cred itors of savings and loan associations, It was only a few months ago that the Fidelity Assurance Society; of Detiver, failed for almost a million dollars, nine-tenths of the losers being from the working classes.
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Move to End Strike. St. Paul, Aug. 9.- Commercial clubs and merchants' and farmers' organizations along the lines of the Great Northern and Northern Pacific railways in Minnesota have taken steps to end the present strike. They will ask the governor to make an effort to end the strike. Road officials claim that traffic is being satisfactorly carried on over both roads. The telegraphers have great hopes that President Hill on his arrival will adopt measures that will settle the strike satisfactorily. Run Resumed. Denver, Aug. -The run on the Denver Savings bank, which began yesterday, was resumed today.
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SAVINGS BANK SUSPENDS. Denver Institution Closes Doors, Owing Depositors About $2,000,000. Denver, Aug. 9.-The Denver Savings Bank suspended operations yesterday. Several hundred depositors were gathered about the entrance waiting to draw their money when the doors were closed. The bank owes depositors about $2,000,000.
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CAUGHT IN THE CRASH The Failure of Another Denver Banking Institution. Denver, Aug. 9.-The Western bank, a state institution, failed to open its doors this morning. A notice was posted announcing that Henry M. Beatty, assistant cashier, had been appointed assignee. W. G. Brown is president and W. T. Perkins, cashier, of the Western bank. According to the bank's statement made July 1, 1905, its resources and liabilities had shrunk during the previous year from $928,386 to $816,465. The amount of deposits on July 1, last, was $614,676, and loans and discounts, $642,658. The bank's capital is $100,000, and surplus, $10,000. It is said that L. A. Imboden, one of the principal stockholders of the Denver Savings bank, on which a run is being made, recently acquired an interest in the Western bank. The run on the Denver Savings bank was resumed today, about 300 people being in line at the opening hour. The bank continued paying 10 per cent of the deposits. The Central bank is also experiencing a run, but is paying all depositors in full on demand. The Denver Clearing House association, it was announced, had refused assistance to the Western bank on the securities offered. None of the Denver national
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with its 600 feet of train sheds, the ferry house, a hotel nearby, the terminal of the street railway, a new immigrant station, burned two ferry boats and threatened the docks of the North Gernian Lloyd and Hamburg American lines. The loss is estimated at about $500,000. No lives were lost. A run was started on the Denver savings bank, which owes depositors about $2,000,000. The doors were closed, and thereafter depositors were allowed to enter one at a time and draw ten per cent. of their deposits. Charles P. Sapp, editor of the Norfolk (Va.) Virginian-Pilot, died at Norfolk, aged 33 years. A switch engine crashed into a way car at Emporia, Kan. The way car, which contained a number of stockmen, was demolished, and ten persons injured, one probably fatally. The Chinese minister conferred with President Roosevelt in regard to pending negotiations for the purchase by China of Hankow railroad and concessions. Phillip Loew, 70 years old, committed suicide in a Chicago hotel, leaving a note reproaching his children. Eva Dakin, a Chicago actress who shot and killed a robber, was acquitted. Miss Agnes Ruckle, of Vancouver, B. C., and Miss Anderson, of Cascade, two school teachers, while attending a picnic went swimming in Christina lake and lost their lives. C. H. Prescott, a Portland (Ore.) capitalist, and at one time prominent in railroad circles, is dead here as the result of a stroke of paralysis. An unknown man committed suicide by jumping from the Brooklyn bridge. Mrs. Leslie Creamer and daughter, aged six months, living near Edenton, O., were burned to death. Mrs. Creamer used gasoline in starting a fire in the cook stove and an explosion followed. Representatives of all the independent telephone companies in Illinois met in Peoria, III., for the purpose of forming a powerful organization, the object of which will be to fight for business in this state. Alexander Melville Bell, father of Prof. Alexander Graham Bell, died at the home of the latter at Washington, aged 86, from pneumonia, following an operation for diabetes. The International Brotherhood of Teamsters began fts third annual convention in Odd Fellows' hall at Philadelphia. The delegates represent a membership estimated at 125,000 men and boys. Rev. Lewis Albright, of Delaware, O., widely known in Ohio, having been presiding elder of the North Ohio Methodist conference, a trustee of Ada university and of Ohio Wesleyan university, is dead. Gov. Robert M. La Follette, of Wisconsin, in an interview at St. Paul, Minn., stated that the report that he would resign the governorship in September and go to Washington as United States senator in October was without his authorization. President Schurman, of Cornell university, has received a diploma and the announcement of his appointment as a life member of the American Academy in Rome, established for the advancement of the fine arts. Capt. William E. English, commander-in-chief of the United Spanish War Veterans' association, has issued a general order for the second national encampment and reunion of the association, to open at Milwaukee September 7. Mrs. Annie J. Taylor, aged 59, a seamstress, and her granddaughter, nine years of age, were burned to death in a fire in a tenement house at Dallas, Tex. Edward Coffey, a farmer of Lexington, Ky., shot and instantly killed John Ingram, another farmer, in a quarrel about a ditch. J. Pierpont Morgan had a conference with President Roosevelt over the proposed sale of the Yankow railroad in China. A severe electrical storm accompanied by a heavy downpour of rain did damage in southern Indiana estimated at over a half million dollars. King Oscar of Sweden is leaving the capital in search of quiet and rest and Crown Prince Gustave will again be appointed regent. Five Italian laborers were struck by an engine and killed at a railroad junction near Alexandria, Va. Fire swept the docks at Hoboken, N. J., destroying a depot and train sheds, two ferry boats, a hotel, immigration station, and other buildings; loss estimated at $500,000. Many lives imperiled. An excursion steamboat sank at Broad Ripple park, ten miles from Indianapolis, Ind., with 180 passengers on board, all of whom were men, except one, a woman, who was rescued by a launch. One person was reported missing. The New York state court in dismissing a manslaughter charge against three Christian Scientists, under whose care a young girl died of diphtheria, held that a child may be treated by healers. Paul Morton and his wife, with two friends, narrowly escaped injury in an automobile accident in New York. State Senator Frank H. Farris, of Missouri, was acquitted by a jury of the charge of bribery in the legislature. Nine boats capsized by storm during a regatta at Pewaukee, Wis. Coe, the Boston athlete, made a new world's record in the shot put in the
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ANOTHER RUN ON SAVINGS BANK Application for a Receiver Made This Morning. Denver Financial Institution Will Probably Be Compelled to Suspend Business Today. Denver, Aug 18-The second run on the Denver Savings Bank began this morning and at noon people were in line for a block clamoring for their money. The ran was caused by an announcement in the morning papers that application had been made for receiver and an examination of the bank's affairs. The petition for a redelvar was filed at 11 o'clock this morning in Judge Mullins court by William Corbett, who says that the Institution has been looted by one Imbeden and especially by his man Hill, the president of the bank, whom the petition alleges has fled from the city.
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Surely the next General Assembly will enact a banking that will protect the depositors of small institutions from the thievery and dishonesty that is being practised by swindlers and grafters who happen to get at the head of these concerns. Within the past year, in Denver alone, three banks have gone into the hands of a receiver and all through poor financiering and total disregard on the part of the officials for the people who were SO unfortunate as to have their money deposited in them. At the last session of the legislature that body should have passed a banking law that would be more complete than the one now in force in the state, intended to afford the people absolute protection from such crooked money sharks as Imboden, who was at the head of the two defunct banks of Denver-the Western and the Denver Savings bank, but the time which should have been devoted to the passage of this measure was lent in ousting fairly elected legislators from the house and senate and stealing the governmental chair from Alva Adams. It will be demanded of the next assembly that a proper banking law be passed, the people are determined on this point, and both the Democratic and Republican parties will have to insert this clause in their platforms in the campaign of 1906 in order to receive any consideration from the voters.
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Bank Officials]Arrested. DENVER, Aug. 23.-Warrants were issued by District Attorney George Stidger today, on complaint of depositors of the Denver Savings bank, for the arrest of President J. A. Hill, Vice President F. P. Jones, and some minor officials of the bank, which was placed in the hands of a receiver last Saturday. The nature of the charge has not been made public. President Hill is said to be in Oklahoma and Vice President Jones in Colorado Springs at present. Carlos Wood, cashier, R. A. Brown, receiving teller, and Jos. David, pay. ing teller of the Savings bank, were arrested here on warrants charging larceny. The complaints specifically set forth that deposits were received by the bank officers when they knew that the bank was insolvent.
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MADE MANY BAD LOANS. Receiver of Suspended Denver Savings Bank Criticises Officers. Denver, Sept. =.-Receiver Stevick of the suspended Denver Savings bank has reported to the district court on the condition of the bank. He believes that the assets of the bank will pay 75 per cent of the depositors' claims and asks authority to declare a dividend of 10 per cent at once. The report reads in part: "I am convinced that during the past few months the affairs or the bank have been conducted in gross and willful violation of the banking laws of the state. Loans have been made to persons associated with and to companies officered by the same persons who made the loans as officers of the Denver Savings bank and such loans were made without any collateral or upon collateral which was only a flimsy pretext."
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BANK MAY PAY 75 PER CENT. Denver Concern Which Recently Failed Was Badly Conducted. Denver, Sept. 4.-Receiver Stevick of the suspended Denver Savings bank has been taken into the district cour to testify as to the condition of the bank. He believes that the assets of the bank will pay 75 per cent of the depositors' claims and asks authority to doclare a dividend of 10 per cent at once. He said? "I am convinced that dur ing the past few months the affairs of the bank have been conducted in gross and wilful violation of the banking laws of the state. Loans have been made to persons associated with and to companies officered by the same persons who made the loans as officers of the Denver Savings bank, and such loans were made without any collat eral or upon collateral which was only a flimsy pretext. "On the books of the bank appear entries of loans to banks and com mercial houses in Indiana Territory and Texas."
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DOORS CLOSED. Fort Worth Bank of Contrierce Transacts No Business. Fort Worth, Sept. 6.-Bank of Commerce, as result of complications with Imboden banks over the country, did not open Wednesday. Teller Wall says immediate cause was suspension of Denver Savings bank.
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DOORS CLOSED. Fort Worth Bank of Commerce Trans. acts No Business. Fort Worth, Sept. 7.-Bank of Commerce, as result of complications with Imboden banks over the country, did not open Wednesday. Teller Wall says immediate cause was suspension 01 Denver Savings bank.
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# NOT TO INTERFERE WITH TUNNEL. U. S. Government Takes Quick Action to Prevent Stopping Work. The United States government filed in the United States circuit court recently a bill of equity against Guy LeRoy Stevick as receiver of the Denver Savings bank, in which it is sought to enjoin Mr. Stevick from interfering with the government in its construction of the Gunnison tunnel. Last November the United States let the contract for the construction of the tunnel to the Taylor-Moore Construction company. Its bid being $955,900. The Taylor-Moore Company failed, and on May 27 last the United States took possession of all the property of the Taylor company and proceeded to finish the tunnel. Work has progressed all summer under the immediate charge of J. H. Quinton, United States supervising engineer. Recently Mr. Stevick brought a replevin suit against Quinton and endeavored to get hold of the property of the Taylor company on the ground that the Denver Savings bank held a chattel mortgage to secure $28,000 which the Taylor company had borrowed from the bank. This suit was promptly removed from the state court to the United States court before the sheriff of Montrose county could act. The government claims that the chattel mortgage was not filed until long after it had taken possession. It is also claimed by the United States that if work on the tunnel were interfered with great damage would result and that Mr. Stevick's rights are minor and secondary to the claim of the United States. A hearing on the injunction will probably come up before Judge Moses Hallett in a few days. The government is represented in this suit by George P. Steele. It is the quickest suit in equity in the history of the federal court. Orders from the attorney general at Washington were received at the district attorney's office one day and the matter turned over to Special Attorney Steel, who filed the suit the next.
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# WORLD'S NEWS -TOLD IN- # PARAGRAPHIS Prince hall, a Masonic home built at Rock Island, Ill., for widows and orphans of colored Masons, was dedicated Tuesday. F. B. Gray, cashier of the Commercial National bank of Houston, Texas, shot himself, dying almost instantly. He ranked Ligh in Texas banking circles. Luther Billings, a negro, was hanged by a mob at Brunswick, Tenn. He had attempted to assault a white woman. Billings was forcibly taken from the officers. The twenty-second great sun session of the great council of Iowa Improved Order of Red Men is meeting at Marshalltown, Iowa. The second annual joint conference of the embalmers' examining boards and the representatives of state boards of health closed a session at Niagara Falls. The association will meet in Chicago next year. A delegation of business men of St. Paul was entertained by the Commercial club of Omaha. Following a breakfast the delegation was taken to the Auditorium, where they gained ideas for a similar building in St. Paul. Attorney Fitts of Vermont entered a motion in the supreme court of the United States for the advancement on the docket of the case of Mrs. Mary M. Rogers, under conviction by the Vermont courts on the charge of killing her husband at Bennington in 1902, and sentenced to be hanged by the state courts. Gebbard Wilrich of Wisconsin has been appointed American consul at St. John, N. B. Judge W. J. Calhoun of Illinois, special commissioner to Venezuela, discussed Venezuelan affairs with the President and Secretary Root at the Wnite House. The judge will go to Chicago to prepare a report of his investigations. The thirty-first convention of the Mississippi Valley Medical association opened at Indianapolis. Dr. Bronsford Lewis of St. Louis is president. The convention will be addressed by Dr. Arthur R. Edwards of Chicago and Dr. W. D. Haggard of Nashville, Tenn. John Hill, an aged white man, was hanged at Covington, Tenn., for wife murder. Vice President Frank P. Jones of the failed Denver Savings bank has turned state's evidence against former President C. W. Wifley and accused him of embezzling between $73,000 and $100,000. A gift of $50,000 for the Creek Seminole Industrial college at Boley, 1. T., was asked of John D. Rockefeller at Cleveland by J. C. Leftwich, a negro, president of the college. Mr. Rockefeller said he would consider the matter. An order was issued at the war department relieving Major General Weston from the office of commissary general. It is expected that he will be ordered to command the northern division, with headquarters at St. Louis. The dead body of an unknown infant was found on Edwards creek, between Kewanee and Cambridge, III. Philip Koltinsky, aged 47, a business man, was killed and his wife severely injured in a runaway at Vincennes, Ind. August Moritz, a fruit dealer and restaurateur, despondent over ill health, shot himself in the head in Swiney park, Fort Wayne, Ind. In an explosion in a coal mine near Gratiot, O., Charles Smith was killed. Lyman Chapin fatally injured and Fred Headley badly hurt. Ruth, the 3-year-old daughter of Jacob Hesh, walked backward into a bucket of scalding water and received injuries from which she died at Macomb, 111. N. G. Little, a telephone lineman, fell forty feet at Terre Haute, Ind., after touching a live wire, the third death from the same cause in the same gang in three days. Charles Ashmore at Mansfield, III., committed suicide by driving a large butcher knife through his brain from temple to temple. He was insane over loss of property by fire. Brigadier General Constant Williams, commanding the department of Columbia, in his annual report, declared that the W. C. T. U. and the saloon interests are working hand in hand against the best interests of the soldier in their opposition to the army canteen Judge W. J. Calhoun, who went to Venezuela several months ago as a special commissioner representing the United States government, returned to New York. The civil service commission at Washington is preparing a circular letter warning government employes against making campaign contributions as in violation of law. Carl Evans and Charles Fall were seriously injured in a fiercely contested football game at Michigan City, Ind. After making a spectacular run of fifty yards in a game of football at
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COLORADO NEWS ITEMS Ten divorces and nine marriages is one day's record in Denver recently Nelson Johnson. a life insurance agent, committed suicide at Denver the 10th inst. Governor McDonald has issued No a proclamation naming Thursday. Day. vember 30th, as Thanksgiving Henry I. Higgins, for many years smelt- a prominent Leadville mining and the ing operator, died at Denver on 10th inst. Receiver Stevick of the defunct that Savings Bank, estimates about he Denver will be able to pay depositors 75 cents on the dollar. The State School of Mines has acthe Hemberger residence property quired adjoining the new Guggenheim $6,000. hall on the east at a cost of Sugano, a young Japanese, lost red At left eye by the twisting of of a the his steel rod in the rod mill inst. steel hot works at Pueblo on the 5th the District Court at Greeley were In Ryan and Jack Harris stealThomas penitentiary sentences for box ing given groceries from a Union Pacific car. Fire on the 10th inst., destroyed the the house and blacksmith shop mountain. at ore mine on Sultan inThe Champion loss is about $5,000, covered by surance. The $3,000 appropriated at the con last session of the Legislature for the at struction of a state fish hatchery for Glenwood Springs is now available use. State Game and Fish Commissioner time at Woodard has put in some the Meeker and vicinity trying to stop western unlawful killing of deer on the slope. The Las Animas County Medical medical So has decided to create a of the ciety in Trinidad for the use of library physicians in the various counties southern Colorado. new tents have been dedicated Relief Five the Jewish Consumptives EdgeSociety by at their sanitarium at Forty water in the suburbs of Denver. patients have been enrolled. Camp Henry W. Lawton. No. 2. Phil of Society of the Army of the in the will erect a monument Everippines, memory of departed soldiers in green cemetery at Colorado Springs. The Logan County National Bank beSterling has been authorized to J. of business with $50,000 capital. Sherwin gin Cheairs, president: A. G. cashier. vice J. president, E. M. Gillett, The Sunday closing law was time en- on in Victor for the first officers forced 12th inst., effectively, the Cripclaim. the The saloons in the whole tight. ple Creek district were shut up meetThere was a very successful Farmers' of the Gunnison County the 16th ing Institute at Gunnison on Many able speakers being the inst. present from within and without state. President C. W. Sells of the closed Mani& Pike's Peak cog road has Glass contracts tou for several glass cars. floor be used exclusively from the be will to the roof. The ends will rounded. Governor McDonald has issued an prohibiting the transfer of cer- to order timber rights in Grand county the tain Frank Gyllensten of Denver, until insale of the timber has been closely vestigated. the case of the contest over the In of coroner in the city and county has office Denver the state Supreme Court of decided in favor of Robert P. Rollins, W. P. the Republican contestant, against McPhillips, aged the James Horan, Democrat. near forty-five committed suicide years, Lake George mine, in the vicinity of George, on the Colorado Midland, Cripple twenty-five Lake miles north of Creek on the 6th inst. The state Supreme Court has Insurance decided that the Preferred Accident Company must pay the $5,000 policy Eman on life of the late William H. dealer nel the of Denver, the well known in mining machinery engineer has rejected all the building of the at Vista. The sum of bids Monte The for state $4,000 bridge ranged was appropriated and the bids will be from $4,850 to $5,240. It necessary to modify the plans Cassell's hotel at Baileys on Den- the river, fifty-five miles above of Platte was burned on the morning ver, inst., only the piano and a of furniture the few 11th pieces being insurance. saved. Loss, $16,000, with $8,000 Superintendent J. W. Lee of Asso- the Mountain Rescue Home that Rocky at Colorado Springs states and ciation homes will be opened in Denver Pueblo soon More than 300 members the are enrolled from all parts of state. George S. Welch, formerly building a well known real estate man and Denloan association manager in and died at the Colorado Sanitarium ver, Boulder on the 5th inst. of Bright's months. in disease after an illness of several The application of John Bunyan. Thomas William C. Bunyan and Julia C. Bunyan, Thomas Bunyan Kerley
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might be looted and milked to a fare you well. That's what happened to the Denver Savings bank, and the fact that it cost $173,000 and over to run the receivership shows that they milked it prety well. "Taking what has been paid to depositors, add to it the $173,000 drawn out by the receivers, add to that the value of the assets yet unsold and the bank would have paid dollar for dollar and had something left, and when you remember that I was not consulted as to the disposition of the collateral of the bank and that much of it was sold away below its value you can see whether or not the conspiracy worked. Someone had to go to the penitentiary and we went, but it will come out all right in the ned. "But I can see," continued the prisoner, "that sentiment is changing. When we were convicted the sentiment against us was something terrific. It was almost appalling. The
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Misplaced Confidence. The efforts of the Bardwell investigation commission in ferreting out the facts connected with the fraudulent and excessive expenditure of money in the receivership of the Denver Savings Bank, deserves the hearty support of the Legislature and the community at large. The lesson drawn from the facts are wholesome and practical. Mr. Stevick, who was appointed receiver by District Judge John I. Mullins, was supposed to be a capable, worthy man; a man whose ability was not overestimated, and a man who would nourish the interest and guard the right of the hundreds of working people who had their "all" in the Denver bank when he was appointed receiver. Being a lawyer himself, his acts were within the bounds of the law, but beyond the bounds of reason. His few favorite friends, together with himself, fattened their bank accounts and the poor working people are the sufferers-victims of misplaced confidence. Many colored citizens were among the unfortunate depositors. At one time Mr. Stevick enjoyed a good reputation. To-day, under the scouraging and scrutinizing eyes of those who once looked to him as the exponent of firmness and their leader, he flinches, flounders and groans, and is morally a dead one. Never were genuine, worthy men, as leaders, in such demand. As a race we realize this fact. Men who can fill the measure, who have honest, intelligent intentions, no selfish, petty motives, who have no ax to grind, who have no desire to victimize any one. Unfortunately, the illiterate element in most instances are the victims. The loss of money, the loss of confidence, the over-estimation of ability, are daily occurences. To many they are painful. The lesson is wholesome. Look and learn. When you are in a place of trust be considerate. Make your promises in good faith. If you are prone to be a misleader instead of a leader, have the courage to shape ends so you alone will be the victim.
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# H. M. BEATTY APPOINTED # STATE BANK EXAMINER Denver, June 29.-Harry M. Beatty, paying teller of the old Western bank, then assignee of the institution and still later employed in winding up the receivership of the old Denver Savings bank under the International Trust company, was made bank examiner yesterday by Governor Buchtel. The place pays $3,600 a year. His assistant, Paul Hardy, of Rocky Ford, was appointed the deputy examiner at a salary of $2,400 a year. Beatty qualified yesterday afternoon shortly after he received his commission. The First National bank went surety for him in the sum of $10,000.
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TELEGRAPH NEWS New York, July 10.-The government filed today in United States circult court in this city a petition against the American Tobacco company, Imperial Tobacco company the British Tobacco company, American Snuff company, American Cigar company, United Cigar Stores company, American Stogie company, MacAndrews and Forbes company, Conley Fail company and fifty-six other corporations and twenty-nine individuals connected with the above named companies. These corporations and individuals constitute what is generally known as the tobacCO trust, and the information directed against them sets forth the purpose of the government to dissolve this trust by breaking up the agreements under which the consolidated concerns ate working. Denver, Colo... July -Judge Riddle will on July 29 decide the matter of the proposed reopening of the receivership of the Denver Savings bank. The former receiver, Guy Leroy Stevick, demurred to the petition asking for reopening and upon this demurrer the arguments are based. The claim of the depositors is that Stevick received about $24,000 more in fees than he should have had. Golden, Colo., July 10.-A Wall of water that swept everything in its path came down Clear Creek valley last night and caused incalculable damage to the railroad, ranches and farms along the stream. A cloudburst in the mountains near Black Hawk was the beginning of the flood and as the torrent hurled down the valley it was augmented at Roscoe by another flood pouring out of the gulch at the head of the old placer works. Today the receding waters leave enormous wreck and ruin. Seventeen miles of track were washed away. Omaha, Neb., July 10.-Assistant General Passenger Agent Buckingham of the Burlington railroal today announced that within ten days the Burlington would put in operation a 2 cent fare schedule between all points on that system regardless of whether different states have passed a 2 cent fare bill. The Burlington traverses Wyoming, Montana, Colorado, Nebraska, Kansas, Missouri, Iowa, Illinois, Wisconsin, Minnesota and South Da kota. The action of the Burlington will undoubtedly cause other roads in the same territory to follow It. Washington, July 10.-President t Roosevelt has now the substance of the report of the interstate commerce 8 commission on the Hariman case and I Special Attorney Kellogg is at Oyster e Bay endeavoring to persuade the prese ident that the case against Harriman L should be prosecuted. Kellogg, with to some members of the interstate comn merce commission, believes successful II prosecution can be brought against C. Harriman but President Roosevelt is e convinced that the government cannot win its case. 3. Pittsburg, Pa., July 10.-Flames are t sweeping the residence district of Al1. legheny. Ten houses have already y been destroyed and the big wire plant e has also been destroyed. The flames it are shooting 260 feet in the air and d huge embers are being scattered in 1. every direction. A general alarm has 1. been sounded and Pittsburg is sending assistance.
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Bankers Appeal for Pardon. Denver.-The hearing before the State Board of Pardons Tuesday afternoon upon the application for a pardon on behalf of Leonard B. Imboden and James A. Hill, convicted in connection with the failure of the Denver SavIngs bank and sentenced to the pent tentary some two years ago, was held Tuesday. The case on behalf of Mesars Imbo den and Hill was opened by Attorney Hersey, who presented a lengthy brief and a large bundle of documents on behalf of his clients. Among the latter was a letter under date of Nov. 2 last from Judge Peter L. Palmer, who presided at the trial of Messrs. Imboden and Hill, in which he stated that, in view of subsequent developments which appeared to show that the bank was solvent at the time It was placed In the hands of a receiver, he was of the opinion that the ends of justice had been served by the two years' impris onment which the petitioners had endured, and that they had been ade. quately punished for any crime which they may have committed. Four members of the jury that convicted the bankers joined In a recommendation for elemency. Three hun dred of the depositors in the defunct bank have signed n petition asking for mercy for the two bankers. These were supplemented by a joint letter from Sheriff J. B. Farr of Huerfano county. Charles Hayden, deputy dis. trict attorney for the Twelfth Judicial district: Henry Blicthalon, county judge: W. H. Freeland, deputy clerk of the District Court, and several olio era connected with the courts at Walsenburg. In opposition to these Attorney Karl C. Schuylar. who represented Receiver Guy Le Roy Stevick before the legisia. tive committee. wanted to know what had become of the money Imboden and Hill secured from the bunk. "And where in the money?" asked Schuyler. "Have they given the alight. est explanation what became of the money? If Imboden and Hill will ex. plain the whereabouts of $455,000 and produce the cash, the corporation which has bought the annets-and speak with authority-will step aside and the money can be used to reim. burse depositors. Eight thousand men,