I
-..,.u..:...~.<.«-
INSURANCE co.
OF NEW YORK.
RICHARD A. MCCURDY, President.
IS THE
llllllll‘l‘
IN THE WORLD.
ASSETS OVER 204,009,000
INCOME.
836,123,163 82
, 11,897,706 12
DISBUBSEMENTS.
Received for premiums
From all other sources
To policy holders
For all other accounts
ASSETS.
United States bonds and other securities ’
First lien‘loans on bonds and mortgage
Loans on stocks and bond
Real estate
Cash in banks and trust companies
Accrued interest, deferred premiums, etc.
It NSIIIIANL'E II
848,020,869 94
21,089,257 08
9,789,634 18
830,878,891 26
$83,970,690 67
71,339,415 92
11,366,100 00
21,691,733 39
9,655,198 91
6,615,645 07
$204,638,783 96
Reserve for policies, and other liabilities '
Surplus
Insurance annuities assumed and renewed
Insurance and annuities in force Dec. 31, 1894
Increase in total income
Increase in premium income
Increase in assets
Increase in surplus
Increase of insurance and annuities in force
ROBERT A. GRANNIS, Vice-President.
WALTER R. GILLETTE, General Manager.
' ISAAc F. LLOYD, Second Vice-President,
WILLIAM J. EASTON, Secretary,
182,109,456 14
$522,529,327 82
$750,290,677 9‘:
855,207,778 42
$6,067,24L 26
2,528,825 84
17,931.103 82
4,575,718 91
51,923,039 96
ALBERT KLAMROTH, Assistant Secretary.
JAMES TIMPSON, 2d
HENRY E. DUNCAN. Jr., Cor
EDWARD P. HOLDEN, Assistant Cashier,
EDWARD LYMAN SHORT, Gen.,Solicitor.
WM. W. RICHARDS, Comptroller.
HEN RY. S. BROWN, Asst. Comptroller.
MEDICAL DIRECTORS—GUSTAVUS S. WINSTON M D
FBEDERIC CROMWELL, Treasurer.
JOHN A. FONDA, Assistant Treasurer.
WILLIAM r. SANDS, Cashier ‘
CHARLES A. PRELLER, Auditor.
EMORY MOCLINTOCK, LL.D., F. I. A., Actuary.
. JOHN TATLOCK, J 3., Asst. Actuary.
CHAS. B PERRY, 2d Asst. Actuary.
E. J. MARSH, M. D.
GRANVILLE M. WHITE, M. D.
JGEN W.
New Haven, General Agt. for State of Connecticut,
A. H. 9mm», ‘
Local Agent. _
Ass’t Tress.
NICHOLS,
CH‘OlllTlllls IT UP.
The End of the Rehearing Arguments
in the Income Tax Case.
BLOQUENT LAWYER’S PLEA.
He Attempts to Show “’hereln the Law
Is Unconstitutional and Replies at
Length to the Points Made by
Attorney General Olney.
WASHINGTON, May 9.—The final argu-
ment in the income tax cases to be de-
livered by Mr. Joseph H. Choate was the
attraction of the supreme court of the
United States today, and the eminent New
York lawyer drew many more people to
the capitol to listen to his eloquence than
the limited capacity of the courtroom
:ould'accommodate. There was a. long line
of waiting applicants for admission stretch-
lng from the outer door of the court to the
rotunda when the justices filed into the
bench on the stroke of 12. In the section
If seats over at the left of the bench the
ladies of the supreme court circle made a
bright patch of color against the white
walls, and the semicircular space allotted
to members of the bar was crowded with
prominent attorneys and half a dozen
members of the last congress.
Before the argument had begun Attor-
ney General Olney moved the admission to
the supreme court bar of Mr. J. Waller
{sh-”‘9’ " V
JOSEPH H. CHOATE.
Blandford, the private secretary to the at-
torney general, and the clerk administered
, the oath to Mr. Blandford.
Attorney Shellabarger of the firm of
Shellabarger 85 Wilson. which represented
the appellant in the Moore case, asked for
leave to deliver a brief oral argument in
that case after Mr. Choate’s plea, asserting
that Mr. Moore’s attorneys had not made
Any oral presentation of his case before a
full bench and thought they were entitled
to that privilege.
The request, however, was refused. It
apparently came. as somewhat of a surprise
to the court, and a brief consultation was
held by the chief justice with his associ-
ates, after which he told Mr. Shellabarger
that it would be quite impossible for the,
court to grant the requests. He added that
the present hearing was being conducted
upon a special order and said it could not
be interfered with by giving attention to
any other matter. He stated that leave
had already been given to file briefs in the
Moore case, that these would be consider-
ed, but that no oral argument could be
heard.
Mr. Choate then began the second in-
stallment of his argument with a brief re.
ply to some of the suggestions of the at-
torney general.
He said that he had intended to restate
the claims of the appellants on the ques-
tion of real estate and direct taxes, but his
time was too brief for that. and he would
refer the court to the briefs on these points.
'He first took up for examination the
argument of the attorney general that if
the decision in ‘regard to rentals was to
stand there could be no limit of the time
the exemption should run. The attorney
general had pleaded that with such a rul-
lng in force it might be impossible to ever
tax the proceeds derived from rents, how-
ever they might be invested.
Mr. Choate said in reply that it was suf-
ficient that the law left no such question
open. The provision was for taxing’rents
at the moment of their receipt, and be for
one should not be so foolhardy as to claim
that when the rent money should be rein-
. vested it would not be subject to the orig-
inal ruling of the court in this case. He
combated the suggestion of the attorney
general that the provision of the law is for
the taxation of rents derived in a former
year, saying that the constitution provides
that no direct tax shall be levied except by
apportionment. “You can’t,” he said,
“by shoving it“ back a year reach it any
better than at'the moment.”
Sarcasm For Olney.
Mr. Cheat-e declared that he did not see
the difficulties which appeared to fall with-
in the line of the attorney general’s vision
in levying a tax by» apportionment, but
even if these difficulties did exist as claim-
ed, it still remained that the constitutional
compromise had pointed out this as the
only method of levying direct taxes.
Taking up the plea 'of the attorney gen
eral that the decision already rendered as
to the invalidity of income taxes on rents
and bonds would cripple the resources of
the government in time of great emer-
gency, Mr. Choate contended that the
facts obtainable did not support this con-
tention, and he proceeded to show that of
the vast sum expended in the civil war a
fin small proportion had been derived
from the income tax, which was in opera-
tion at the time. He said that up to 1866
$4,000,000,000,000 had been expended in
carrying it on, and he believed that an
equal sum had been spent on account of
the war in paying expenses on other ac-
dounts. traceable-to the war since its close,
and yet only about $360, 000,000 of this
vast amount had been raised under the
Income tax. and of this sum he did not be-
lieve that to exceed $200, 000, 000 had been
i'hceived from the tax on rents and personal
property.
Mr. Cheats also took issue with the at-
to‘ffiéy general in the view that the land
holders were disposed to shirk their share
6‘: the responsibility in times of peril to
the country. '
Mr. Cho‘ate concluded his argument at 2
o’cldck, and the court adjourned until
Monday next. .-
pokros’ Suicide Recalled.
BERLIN, May 9.-The Vossische Zeitung
publishes a report to the eifect that Count
Klebelsberg, formerly an attache of the
Austrian legation at Brussels, has been ar-
rested in Vienna, charged with having
been connected with the scandal'which
caused the suicide of Count Andrassy A.
Bokros, vice president of the lower house
of the Hungarian diet.
Advertise—in the! GAZETTE.
WEEKLY -_ N-oRW'ALK‘e GAZETTE, , g
' THE '.MUTUAL '. LIFE
I
CAMPUS N_l_lls cools
Seventy Thousand More Necessary to
‘ Quell Insurrection.
STANDARD OIL BACKING IT.
Report That the Great Trust Is Supply-
ing the Sincws of “'ar to the Revo-
lutionists and That ‘United States
Senators Are Also Involved.
SANTIAGO DE CUBA, April 25, via Key
West, May 5.——General Campos has cabled
Spain to send 20, 000 additional troops and
also hold 50,000 in readiness.
NEW YORK, May 6.—The New York
World says the Cuban revolution involves
and to a large extent arises from a great
international scandal, in which eminent
citizens of this country and of Spain are
deeply implicated. Enormous bribes have
been systematically paid for concessions
in Spanish and Cuban trade, which were
practically frauds upon the Spanish gov-
ernment.
The protests of honest merchants. here
and in Cuba, and of honest consuls and
other officers against these frauds so re-
stricted and hampered the operations of
the corporations which profited by them
that leading men interested in them have
deliberately egged on the insurgents in
Cuba.
The. revolt is practically backed bya
syndicate of American capital, the head-
quarters of which are in Philadelphia, but
which embraces men and corporations of
national prominence in New York, Wash-
ington and elsewhere.
The object of the syndicate is to harass 4
the Spanish government, which threatens
to interfere with its privileges, and to pro-
vide itself with a claim, in case the revolu-
tion succeeds, upon the good offices of the
new government.
The Standard Oil Company In It.
The World alleges that six years ago the
Spanish government lliscovered that it
was being done out of 81,500,000 3 year by
the Standard Oil company and its agents.
At that time the laws regulating the tariff
on oil and other products of petroleum in
Spain were supposed to be sufficient to
prevent loss of revenue. But a mighty
power had made itself felt in the cortes
and at the ports of entry in the kingdom.
Through this subtle influence the laws
were construed in favor of the monopolists,
and despite the protests of honest consuls .
the practice continued.
It was‘soon discovered that the agents of
the Standard Oil company were receiving
unheard of favors. Old established mer-
chants suddenly found themselves barred
from the Cuban market.
Large commission dealers in New York
and Philadelphia engaged in shipping coal,
petroleum and flour, with other products
to Cuba, began an investigation. They ap-
plied to the authorities for an explanation.
They asked why they were allowed to send
refined oil only to two ports —-Havana and
Baracca—and crude oil only to Havana.
They asked, " Why are all other ports closed
to us ?” '
An inquiry was made, and Minister
Muruaga in Washington wrote to the gov-
ernor general in Cuba and said that he
could not believe that discriminations were
made in favor of a monopoly. To his pro-
found surprise he was told that such re-
strictions did exist. Despite the protests
of consuls on the illegality of the ruling of
the Havana government, the discrimination
in favor of the Standard Oil company con-
tinued to exist.
Alleged Bribes of $500,000.
Meanwhile a secret investigation dis-
closed that the American syndicate had
given bribes to the amount of $500,000.
The money was divided into three por-
tions. One portion went to certain oili-
cials in N ew York, another portion was
dropped into an ofiicial office in HaVana,
another portion ($250, 000, half the entire
sum) went in bulk to another Official.
So far as the Cuban trade is concerned,
it is said that the two firms controlling
the oil trade are Atmirall 85 00.. in New
York. and Conil 85 Co. of Havana. These
firms alone can buy petroleum and its
products for Cuba of the Standard Oil
company. All other applicants cannot buy
$1 worth of oil for shipment to Cuba, so
reputable merchants claim. The war in
Cuba is but a development of the struggle
for possession of the trade of the island by
the American syndicate.
Intrigue for extended monopoly was be-
gun in Madrid less than two years ago.
All the concessions demanded were in a
fair way to be granted through the kind
offices, it is said, of the late Minister Mu-
ruagua, who was then in Spain. But rival
interests sent a protest to Washington and
threatened to make an expose in the news-
papers if the treaty with Spain were to be
disregarded and the monopoly fostered.
The result was a modification of the bill
of privileges originally demanded. This
did not satisfy the syndicate, and Senor
Muruagua fell into disfavor and resigned. .
Cultivating Rebel Chiefs.
About this time the insurgents in Cuba
became active, and negotiations were en-
tered1into with e leaders as to the fu-
ture outlook for a‘provisional government.
They painted the possibilties in glowing
colors, and then the:patriotic Americans
interested in Standard Oil, electrical
plants, trolleys, mines, provisions and oth-
er branches of cemmerce told the leaders
that they could have ,all the money ”6095-.
sary to hurry up the good work of. estab-
lishing a provisional government if they
meant business. The compact .was ratified
by liberal payments of American gold, and
presenly extraordinary activity began in
the gun factories of Connecticut and. other
arm centers, while up and down the Florida
coast on organized system of transporting
these arms to Cuba was established. The
system mapped out by the syndicate reach-
ed all the way from the old Pennsylvania
.oilflelds to Santiago in Cuba. Who owns
the great railroads in Florida? Who con-
trols the telegraph? Who built the great
lfiotels? Whose boat's run from Tampa to
_ dt‘hna and South American ports? The
answer explains the situation. Saratoga
trunks ’filled with Winchester rifles and
American revolvers have been sent to Cuba
by the syndicate. ‘ ‘
‘ The names of three United State sena-
tors are connected with the Washington
end of this scandal. Relatives of one of
them aresaid- to have been. members of a
petty that for a long time personally di-
QOted the shipment of ,arms from Forida.
Another senator has openly advocated
Cuban independence on the floor of the
Senate.
'Spain Will Not Surrender.
NEW YORK, May 6.-—Tlie Herald’s Mad-
rid oorrcspondent cables that Premier Can-
Ovas del Castillo declares that Spain will
not give up Cuba so long as she has a man
or $1 with which to support her rights.
Adveitise in the GAZETTE.
rod
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flavor'of 0‘
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B. L. than in
any other brand
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Ferllllzels.
SUPERPHUSPHATE 0F LIME,
noun BONE,
POTATO MATURE,
Man’s Special Fertilizers, Lime,
Axles an Barnyard Manure
Retailed at Wholesale
Prices by
Raymond Bros.
WYORK.NEW HAVEN & HARTFORD
RAILROAD. ‘
—NEW YORK Drvrsron.‘
I October 1894.
TramsleaoeSouth Norwallc asfollows:
FOR NEW YORK—Accommodation trains at
9.36 a.m., 1.11, 2.54, 4.07. 5.30, 6.50. 8.00. 10.720
p. m. Express trains at 5.20 5.26, 6.15 (local!
6,55 (local). 7.08 (local), 7.55 (local).S.21 (local).
9.03 (local) 9.58,10.45. 11.37. (local) 9., m. 12.25
225.420.520.620 7.57 pm. _ForWash1ngton via
Harlem River 1.13a.m. (darly.
SUNDAvs.-—Accommodation 915 a. m.. 6.14»;
(local),7.23,(local) 9.28 p.m Express 5.20 5.26
a. m.
For. NEW_HAVEN AND THE EASE—Accommor
dation trains at 6.32, 7.38. 8.46 and 11 44 a. m.,
1.40, 4.20, 5.27 6.27. 7.28 (to Bridgeport).
8.41 9.41 and 11.15pm. Express trains at 1.01.1.20
9.11 10.09, 11.06 78.. m. 12.05, 3.03, 5.07 (Nauga-
tuck Express)7.10 p. m. _
SUNDAYS—Accommodation7.38, 9.12 a. m. and
7.15 p.m. Ex ress 1.01 and 1.20 a. m.
C. ’ ‘. HEMPSTEAD. Gen. Pass.AHt.
The Nnuall FIE Illlllallcll to
[Has now Completedits
:320. SUCCESSFUL BUSINESS YEAR,
And has not outstanding a dollar of unpai
losses or claims Ior losses. No sound come
pam/ insures for less
J. Beavan, Pres.; G. B. ST. JOHN. Tress
.GE0.R COWLES. Sec’v.
4 TNA INSRUANCE 00., of Hartford
Incorporated 1812. Charter Perpetua
Capital and Assets, $8,902,272.64.
Insures againstloss and damage by man on
terms adapted to the hazard and consiste).
With the laws of compensation _
COWLES & MERRILL.
Sole agents for Norwalk and vicinitv
J. Belden Hurlbutt, .
lllnrnay all Counselor at Law.
Room 4, up stairs,
GAZETTE BUILDING.
CHAUNCEY L. PLATT,
PAINTER, PAPER HANGER, KAL-h
SOMINER & HARD WOOD
FINISHER.
All Work Guaranteed to be First Class
' and at Reasonable Prices.
I Can and Will Sell You Very Fine.-
Papers and Freizes Very Cheap. "’
p o ' tes ",'
Sam 16F§eiglég agd Mlguldtinggll'lgiegftopéggs
Houses for Inspection -'= "'3’”
on Notice by
. Postal Card.
Shop and R08id§lii§émxon
52 [Wilton avenues...
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