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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 10, 1895)
THE l&OKHING OBEGCENlAar, THTfBSDATTs JArUAUT 10, 1895. republicans, although all of hem would ifie events of the day, he said: "The collapse Is complete. There -will be no financial legislation by this congress unless the senate sends a bill to the house, which seems improbable. Twenty or 25 members yofedj-Tqr the previous Question who wo&ld not,3i&Ve voted or the biiL" t Z J? ; .When the posbifiiy of the" republican congress being called In extra session was spoken of, Walker said: "'If congress gives ample authority, and gives It wisely to tne"""fcecretary of the treasury-to ispe-borjds,'' both to main tain gojjft payments and to supply the Ieasuryjeffclepcy; q.zt extra session may be avoided, iirot'-afra great expense to the government. If the treasury Is given no additional authority for the issuance of bonds, with the prevailing want of con fidence in the management of the national finances by the administration. It will injure the business Interests of the coun try, and I fear an extra session will have to be called. As to the effect on business Of an extra session, if one is called, it will give confidence to the country rather than be an injury. If it is delayed, as the extra session of this congress was delayedjtjie administration will probably have a financial panic on its hands." After the conference with Carlisle at ihe capltol, 'Springer said that while some concessions might be made in the interest hc harmony, yet -no" concession could be -made on the basis of giving the silver jnen everything they wanted. He added: , ."If Mr. Bland and his friends will not pjve us- their assistance except on condition- -of silver at a ratio of 16 to 1. then fchey must shoulder the responsibility of the defeat of all legislation, as no such Icbmpromise is possible." CLRUEXCY IX THE SENATE. YoorhccM Hm Cnlletl n. Meeting: of Hit CominIttcexfor-VTodnj-. WASHINGTON -. J&pl Immediately after the defeat 5T the currency bill in the house today, Voorhees, chairman of the senate committee on finance, called the democratic members together. The consultation lasted for half an hour, with Jhe result that Voorhees has called a spc fclal mtetlng bf the committee for tomor row for the purpose of agreeing on some action invlewof the grave financial sft iiation.di:The' republican members of the Qommittee will not attend without firs; paving a full and thorough understanding n)j to what their policy shall be, as It ihall be unfolded to the democrats when the doors have closed upon Voorhees -com-Hilttee. For the purpose of having a free inference, every republican member of the committee was notified to meet in Iiale's committee-room tomorrow morb- 3pg at 11, and it is fair to assume that at J ie meeting wie memoers ot me steering '.committee will also Jtje present. Itx Is stated upon the authority" bf the leading fcllver republicans of the. senate and of prominent senators In .the. class regarded as favoring an absolute, gold standard, ,iiti iu uit: mauur 01 vtuiii prosraran .shall be carried outrihctw.Qjyngs of thtf Jikrty are In entire accord, and that they yi ati in uilkuukzi uuxiuu,": upon mis iime authority it can "be "stated that the republicans w ill not agree to any financial or currency legislation at this session of congress. As to the merits or demerits'of any particular measure, in committee, the republicans will not commit themselves, but will insist that the democrats bring Jn a bill to suit themselves as they did in! be framing of the revenue bill. The republicans will take the position that th.er if noiVsumoient-ttme to enter, Ir)to the construction of2 acurrency1 sys- 4(m hfrr this Mnprpcc aHtnurnc Tf 1m democrats desire to prevent the steadily' Increasing deficiency the republicans will suggest a plan. let the tax on beer be ip- J creased 1 a barrel, it revenue is needed. siy the republicans, and they argue that vj imn 4ivciivu cvtiiciitiu iuui c titan uv(- OW.fiOO of additional revenue will be -col- 1 acted speedily and easily, for the lastJn ernal revenue report shows that this araaunfwas collected under, the present tax of $1 a barrel. If the democrats be lieve this will not be sufficient to meet the deficiency the republicans will also suggest the advisability of a horizontal increase in existing tariff rates of between 15 and 30 per cent. This increase they say can be made to continue in operation for a definite period only. Precedents will be quoted toshp.ffir$natr';5ueir,an increase has been mafffflXn tSetpastb-provide for an emergencyironceT ift" particular. In 1872. Tho fact that the democrats attempted to decrease the revenue in the horizontal manner vyiH.be quoted Jo show ihat they would bejuijyflell liwiflCrdasIng it In the same wajr5' ' - r The silver men announce, that they will not permit sffy temporarvrcxpedlency to be pTHcbnHKestatiite SfJoks. The free e,Mnjtje of-KHvr at3- fair", ratio is from their sfanapomtlne only kind of a finan cial system that, cap, afford the country any relief. -K anything else Is attempted they assert that they will debate it to death. Upon the question of how best to raise immcdlate.jmqney the republicans are, however, united," and such a proposi tion as they suggest,, they gay, can pass, if the democrats desire It. There is noth ing !n-ltuation.to warrant the belief that any'TkindoL flnajicW or currency scheme'ean' pass tnesenate. So far as caiU-ue IflarnafiV no measure has been prepared by democratic mem bers, for submission to the committee, but the movers of the meeting hope a general exchange of views on the part of members of the committee will Indicate general lines on which a bill may be framed that would stand a chance of receiving the approval of the committee and -of the-semUe.. It -is-also understood A' est has In mind the outline of a plan for a bill which he may submit to the committee, and which may prove the basis of future action. The two principal fea tures of the plan are: First, to authorize the Issuance of a sufficient number of low rate bonds to retire the J3tG,0W,000 worth of greenbacks, and, second, to provide for the purchase and coinage of a sufficient quantity of sliver Uo increase tha silver., issuance to $7S0,0Il&0, which "would be tin increase of about 5150.000.000. The latter is suggested as a. compro mise on which tho bond advocates and the silver 'men can- lrec, but the scheme has not met general favor so far as it has,beOh canvassed. Some of the silver senators, notably the republicans, have taken the position that they will accept nothing short of a provision for unlimited silver coinage. They wjjl Insist upon free coinage at a ratio of IS to 1, "but nre will ing to; allcw the government a liberal seigniorage. They wilt' not 'agree, how ever, that any limit shall be placed upon the amount to be received -on the terms agreed upon. It is not known hpw the finance committee will stand Vm this prop osition, but the sliver men believe a poll of the committee vm .show, a majority friendly to tnat metal. HOW IT WAS DOXEt Just What Wan Done by the Honnc 1 ltli the Currency mil. WASHINGTON. Jan. 9. There was a good attendance on the floor of the house when Speaker Crisp dropped his gavel to daj Notice had been given that a. special order to terminate debate on the cur rejiiy" blir "Would lie reported from the comraitlee on rules, and the'prevalllng be lief was the fate of the bill would be de termined today, after the conference re port on 'the military academy appropria tion"' bnr ws adopted'. Outhwalte presented tti special orders It provided for theekssing-of general debate and con sideration of the Springer -substitute as the original bill, under the five-minute rule, today, tomorrow and Friday until 2 30 P. JLr-tlKt -JjilWiftd sfigRding amend ments to be -reported -to-ihe house for lOalrCDte Saiunlay ft-ameaiajely sf ter the ifiurning hoixr." ' Outhwalte demanded the-previous ques- tlpnwhn the reading ti-rule had bfcen f completed. Some conJision-was aused i by a volley of questions from .members which rollowed OuthwalTcs demands, the members being anxious to ascertain the States' oTthe: amendments after thradp3-f. tion of the order. ! Springer, chairman of the committee on banking and currency, assured the gen tlemen there would be no disposition to shut out members. ' " Outhwalte made &, brief, speech.urgingjj tnejaecesslty for closlngrthe debatexm the; currency bill and for disposing oftiit, Injj order that more pressing measures, like the Nicaragua canal bill, might be con sidered. , ' Bland wanted to know If the opportu nity to offer an amendment to strike out the enacting clause (which would kill the bill) would be given. Outhwalte said "the rule discriminated against no amendment, and Springer, again assured the house there would be, no disposition to cut off members with' amendments. Bland was not satisfied, and Insisted a provision be Inserted In the rule or an agreement be had by which a vote could be had on his amendment. Reed, In some caustic remarks, said he thought the situation a very unfortunate one. "We seem to be deliberating here." -said he. "as to the nroDer method of getting rid of this bill. It Is unfortunate if we are to hope for remedial legisla tion. He agreed with his colleague, Dingley, that sections 9 and 10, relating to state banks, which were vital, should be first considered. However, he said, the republicans washed their hands of responsibility, and he did not know wheth er they ought to Interfere or not. After some further wrangling, during which Bland and others loudly protested that the adoption of the rule would cut them off, Outhwalte rejected all suggestions for amending the rule and demanded the pre vious question. The republicans voted solidly with the democratic opponents of the measure against ordering the previous question, and it was defeated on a rising vote, 92 to 102. Among the democrats who voted "no" were: CockrelL McGann of Illinois, Hooker, Ellis at .Kentucky; Monej d Mississippi. Bailey of Texas, Bland of Missouri, Hall of Missouri, Holman and Conn of In diana. Outhwalte hurriedly demanded the ayes and noes and the roll was called. The supporters of the bill made a des rerate effort to secure a majority on roll call, but the previous question was again rejected, 124 to 129. In detail the vote was: ATES-121. Abbott. liester, Livingston, Lockwood, Lynch, Maddor, Mallory, Martin, McCreary, McCulloch, McDearmon, McGann, McKalg, 3IcMIlIIn. Meredith, Meyer, Montgomery, Moses, O'Nell (Mass.), . Outhwalte, - Page, 1. Paschal. Patterson, Pearson, Pendleton (Tex.), Pendleton (W. Va.), Pigott, Richards, Richardson (Tenn.), Ritchie, Robbins, Ruek. Russell (Ga.), Kyan,' Sayers, Schermerhorn, Slpe, Sperry, Springer, Stallings, Stevens. Stone (Ky.), Straus, Sw anson, Talbot, - Tate, - - Taylor, h Tracey, Tu'cK'er, 'I Turner (Ga.), Tyler, Warner. Aiderson. Alexander, -Alien, Barnes. Barwig, Beclcner. Bell (Tex.). Bern. Black (Ga.), Bcatner, Bower, Bretz, Brickner. Brookshire. cabanlss. Cadmus. rnwnTAi! LCannon (Cal.), VUlllU&JK.,. rMSco causey, " Clancy. Clarke (Ala.)," Cobb (Ala.), Coombs, Gkrrnlsh, Ccvert, Cox, Crawford. ,Culberson, Dnvey, iTtfnsmore, Dcckery. Pqrborow. Etfglish (Car.)-' Kpes, Erjlman, nelder, Fithlan, Geary, Gelssenhainet, Goodnight, Grady. .Gresham,. Grlfiin tMich.V 'rhair(MiniCf1 Hall (Mo.), Hammond, Hare. Harrison, Henderson (N. C), Henry. Hines. Kolman. Hutcheson, Islar. - Kllgorc, Kyle, Lapham, Washington, Weadock, Wells. Wheeler (Ala.), Williams (111.), Williams (Miss.), Wilson (W. Va.), Wise, Wolverson, Woodward, JLawBon, NOES-123. Iklrt. Johnson (N. D.) Jones, ICem, Kelfer, Lacey. Adams (Pa.) Aldrich, Arnold, Averj', Bailey, Baker. (Kan.). Baker (N. H.), Bartholdt, Ball XColo.). Beltzhoover, Bland, Been. Bowers (Cal.), Broderick, Bromw ell, Brcsius, Bryan, Bundy, Cannon (111.), Capehart, Chlckering; Clark (Mo.), Ccekreli, Coffeen, Coffin, Cocper (Tex.), Cooper (Wis.), Cousins, Curtis (Kan.), Curtis (N. Y.), Dalzlel, Daniels, Davis, DeArmond, Dingley, Dolllvor, Doollttle. Draper, Edmunds, E1H3 (N. Y.), Kills (Or.), Gardner, Glllet. Glllott, Griffin (Wis.), Grout, ' Grow. Hager. Halner, Haines. Harmer, Harris, Hartman, Hatch. Haugen, Henderson (la.), Hepburn. Hermann, HicKs. Hltt. Hooker (Miss.), Hopkins (HD. Hopkins (Pa.), Latimer, Little, Loud. Loudenslager, Magner, Mahon, MeCall. McDowell. McEttrick, McRae. Jtfelklejohn. Money, Moore, .Moran, Morse, Neill. Northway, Ogden, Pence, Perkins. Phillips. Pickler, Powers, Quigg, Randall, Ray. Reed. Reiburn. Richardson (Miss.), Robertson (La.), Robinson. Russell (Conn.), Scranton, Shell Sibley. Simpson. Smith. Snodgrass. Stone, a W.. Stone. W. A., Storer, Strait, Strong, Talbert, Terry, Thomas, ITpdegraff. Van Voorhis (N. T.), Van Voorhis (O.), Wadsworth, Walker, Wagner, Waugh, Whlte. Whiting. Wilson (O.), Woomer, Wright. Hunter, The following pairs were announced: Cooper of Virginia with Wheeler of Illi nois, Layton of Ohio with Stockdale of Massachusetts, Price of Louisiana with Grosvenor of Ohio, Krebs of Pennsylva nia with Johnson of Indiana, Cockran of New York with Bingham of Pennsylvania, DeForest of Connecticut with Sweet of Idaho, Crain of Texas with Blair of New Hampshire, Bankhead of Alabama with Milliken of Maine, Forman of Illinois with Lefever of New York. Sorg of Ohio with Marvin of New York, O'Neill of Missouri with Wilson of Washington,. Lane of Illinois with Hooker of New York, Heard of Missouri with Hull of Iowa, Somers of Wisconsin with Houk of Tennessee, CaminettI of California with Belden of New York, and Cobb of Missouri with Babcock of Wisconsin. The failure to order the previous ques tion threw the special order open to amendment. Outhwalte Immedlatelywlth drew the special order, and the currency blll was abandoned, at least temporarily, to give the supporters an opportunltyto reform their lines. It had all happened so quickly that it was some time before the members were able to realize the struggle was over. Thc Oil Stove Exploded. GRASS VALJuEY. CaL. Jan. 9. The ex Plosion of, an c-U sto e caused, the destnic tion, of the residence of William Camn- bell this morning The loss Is LCVOOQ. 'INSURANCE MEMEET THEY WIM. TRY TO HOLD UXIOX TOGETHER. THE 'It Is Proponed to Ccvcl Commissions "W -Uniform. Rate ot Xot More i Titan Fifteen. Per Cent. SAN FRANCISCO, Jan. 9. The Pacific Insurance Union held a meeting today, the details of which have not been made public, 'and the probabilites are that the organization will remain intact. The members were in the mood for business, and as soon as the chairman had called, them together a spirit of co-operation manifested Itself, it being the opinion of all that the compact should be held to gether, the only question being how to draw an agreement which would be ac ceptable to all the members. The first consideration will be a simplification and a curtailment of the constitution. At present the constitution of the union, with its old and new amendments, fills S3 closely printed pages. The constitution of the United States occupies just 13 pages of equally closely printed matter. Then the committee will take up that long train of evils, of which the following are the principal: Rebating excess of com missions to agents and abuse of credits on premiums. Perhaps the most important task of the committee will be the devising of a safe guard, by which the whole premium shall be collected from the assured and paid into the offices of the insurance compa nies, without the Intervention of brokers or solicitors, and possibly by some'sort of clearing-house method. A matter which is of great Importance to the solicitor, broker a.nd agent is the proposed leveling of commissions. Under the present con stitution the c6nimlssibn varies from 15 to tO per cent, according to the class of business. Now it Is proposed to make a uniform rate for all kinds of business of not more than 15 per cent. A committee of seven, after considerable discussion, was appointed to formulate a plan to re organize the union, and to submit the .game for consideration at a general meet ing, to be held before January 21, on which date the resignation of the Com mercial Union Insurance Company, which was the first to give the 30 days notice or withdrawal from the compact, shall take effect. NOT QUITE A FAILURE. A Sioux-City Trust Company Has De faulted. Interest Upon Its Bonds. SIOUX CITY, la., Jan. 0. The Fidelity Loan & Trust Company of this city de faulted payment of $30,000 Interest on de benture bonds, due the first of the year. Although the firm has not failed, Presi dent Sampson has been asked to accept the Receivership should one be appointed. These debenture bonds were issued to se cure loans made on farm mortgages. The company .could not collect interest from farmers, $S0,000 being due, and was forced to- default interest on the bonds, bringing; on the financial difficulties. The firm did. no banking business and none of the local banks or industries will be involved. The failure of the Lincoln Street Railway Company, of Lincoln, Neb., tied up 5150,000 of the company's funds. The liabilities are about $4,000,000, with assets nearly as large. The largest liabllitities- consist of $3,230,000 debenture bonds, xuid $2,250,000 of these are held in New .England states and other sections of the East. Fully Jl.000,000 were also floated in Scotland. The other $750,000 of liabilities consist of street-railway stocks, etc The company tried to ne gotiate a loan in New York, but failed. A meeting of the parties representing the ; creditors was held in New York today to take action-regarding the company's af fairs,, by t.what,was.done canhoHJeJaarn ed. Joseph -Sampson, of this -city, presi dent of the company, is the principal local stockholder. William G. Clapp, of New York, Is treasurer. MOXEY OF THE DEAD. There May Be q. Contest Over Fair's "Will After All, SAN FRANCISCO, Jan. 9.The will of late ex-Senator Fair will come up .for probate, -and should no compromise he made t between the executors and the heirs, the latter, according to report, are likely to contest it. The only way to break the will is to prove that the testa tor was of ainsound mind, or was unduly influenced when making it. The physi cians who made an autopsy upon the body of Fair haye not yet made any de tailed public report of their examination. They have, stated that the causes of death were diabetes and Bright's disease. They said little about the condition of the brain, except that it exceeded the aver age weight. The question of sanity prom ises to enter chiefly into a contest over the will. An Oakland 3IIIlIonnires Will. OAKLAND, Calv Jan. 9. The will of the late A. D. Starr has been filed for probate. To his wife IS left one-half of his estate, and after leaving a number of relatives shares in the Starr Milling Company, the rest of the estate goes to his married daughter. RICH STRlivD IX "MONTANA. General Aljrer nnd Colonel Thurston May Be Millionaires. OMAHA, Neb., Jan. 9. John M. Thurs ton is part owner of a gold mine which is likely to make him a multi-millionaire. The mine is located in Boise, Head coun ty, Mont., near Argenta. Two years ago Paul Vahdervoort, John M. Thurston and Russell A. Alger, of Detroit, grub-staked 'a prospector. Several claims were located which assayed rich Jn gold. Since they were located the title has been kept good by filing certificates and by the per formance of assessment work. An aras- 'tra was put up, which revealed the fact that the ore was very rich, even In the discovery shaft of these mines. A mining engineer made a report that the property will open up an enormous vein of mineral. The ore is sulphide with quartz which car ries "heavily with gold. It is free milling and cah be handled easily. The ore is a network of veins, and covers 300 acres. The gold belt is about 15 miles wide and 25 long. A stock company has been formed, of which Alger is president and Thurston vice-president, and an active development will commence immediately. OTHER FINANCIAL NEWS. An Irrigation Company's Election. "DENVER, Jan. 9. A meeting of the stockholder of the Colorado River Irri gation Company was held in this city to day. The following directors were elected: Eben N. Littlefield and James Linton, of Pawtucket. R. I.; Henry A. Pierce. A. M. Eaton. John C Beatty, H. W. Beat ty, John Hyde, Samuel B. Gregory, of Providence, and P. J. McLean, of New York. The faction of stockholders represented by James H. Beatty, who recently com menced suit against tho company for a receiver, in several different states of the Union, was defeated at the election, which was carried by the friends of John C. Beatty. who was supported by the Denver stockholders. The meeting voted to authorize the issuing of bonda for the completion of the company's canals In Southern. California, and work will soon be eommenced. Surrendered Its Charter. NEW YORK, Jan. 9. The Independent Irsurance Company, of New York, a com pany recently organized by the firm of Beecher, Schenck & Co., who, it has been alleged, was implicated In the failure of the American Casualltv Insurance - fSecurlty Company, has gone out of bus-il-iess; That is. the prospective stockhold icrs; Incorporators and directors haye been which the company had advertised ex tvnSlYely, has -jot been sufficient in quan tity to warrant-th e-company beginning to do business, and ttJias been decided to dissolve. Wlthrthejexception of fire in surance, the dependent Insurance Com pany proposefto ftke in every form of irsurance business? ? San. Francls&i(&Idcst Paper Sold. SAN FRANefgeY Jan. 9. The Even ing Bulletin W foId this morning by United States-'CouTt Commissioner Hea cock. It was purchased by R. A. Croth ers, brotheryinslawHiof the late Loring Pickering, and,i until Monday business manager of the Jll. There were only three bids ThomasriMagee, for George K. Fitch, offered; 53000; C. M. Shortridge, the new proprietorl'of the Call, bid $35,000; Crothers- bid &5.5C9, and there being no further bidding; sebtired the oldest paper in the city. " r- Irftnds ot the John Brown Colony. MADERA, Cal., Jan. 9. The sale of lands of the John- Brown colony, under foreclosure of mortgage, began today, an-l will continue from time to time until the entire tract of E0O acres is sold. The pur chasers from -nhe-colony will have six months to redeem, but few will probably care to, as theaiantt already cost far more tharf it Is wort's. ' American Sugrnn Refinery Election. JERSEY GIYo'Jan. 9. The annual meeting of the stockholders of the Amer ican Sugar Refinery Company was held today. The fbrmer directors were re elected. - h A FaHure in Boston. BOSTON, Jan. !fc-Henry M. Burr & Co., one of the largest wholesale and retail millinery dealers in Boston, have assigned. LEFT IN "THE LURCH. South. -Dakota's .Outgoing; Treasurer an Abseondcr. ' PIERRE, S. H.-, Jan. 9. The failure of W. H. Taylor, outgoing state treasurer, to turn over the office to his successor yes terday started rumors flying of an investi gation. Taylor cannot be located, but his bank at Jtedfteld. closed its doors last evening. Telegrams sent from here have failed to locate Taylor. Ex - Governor Mellette, one of his bondsmen, Is on the road from Indiana, and other bondsmen are on his track. tFrom absolutely reliable sources It Is learned that Taylor's defal cation will reach $300,000. Practically all of the state -moneys were In his own hands, except 523,000 or $50,000, which was on deposit in various banks. The wreck Is complete. It has been known for a year that Taylor personally had been in bad straits, but not one of his most inti mate friends thought his situation hope less, or even desperate. They knew he had been advancing and Investing money recklessly, considering the times, yet they never dreamed of this. When the officials make an investigation into the treasur er's office they will be simply appalled at the condition of affairs. December 31 a draft of $33,000 was sent Taylor at New York. Efforts have been made to stop this draft, but it is thought to be too late. The Chase National bank, of New YorX which holds the warrants, telegraphed today ihat they had not been paid, and that Taylor had not been seen there for several days. The bank at Red field has received a letter from Taylor, stating that he left Its matters in good shape, and that he had been trying to straighten out his shortage to the state, but had failed, and that no one at Red field or Pierre would ever see him again. Public Examiner Myers states that he suspected a month ago that Taylor was short, but supposed the amount was small, and' that the treasurer would be able to make It right. He is being freely criticised for not making a rigid examina tion at that time. The amount taken was drawn not only from the general fund and the fund for state Institutions, but in cluded nearly,5100,O00 of state school mon ey. ,The treasure;'.'! bondjs $3$0,OOQ. TJie attorney-geheral-will-bring suits on the r bonds,, -probWya4pTnorrpw.-It-is consid ered that, owing to some peculiarity in the bonds, the, state will have hard work to recover. (Walter W. Taylor was born In Indiana about 1S54, and for a time associated with his father, William Taylor, in the whole sale coal business atLafayette, Ind. From the time he was IS years old he had al most exclusive, charge of the business, and demonstrated a wonderful capacity for grasping the details and intricacies of every large trade. He came to Dakota in 1SS6, and established the First National bank, of Redfield, which he soon made one of the leading financial Institutions in this section. He took an active part in politics from the first, was earnest in the struggle for statehood, and was a del egate from Spink county to the first state convention, held in Huron In 1SS9. At the convention of 1SS0, held at Mitchell, he entered the race for state treasurer, and secured the nomination after a spirited and exciting contest. He was renomi nated and elected for a second term, which he completed January 1 of the pres ent year. His bank had a capital of $50,000, a surplus of $20,000, and did a large busi ness.) The Effect in Redfleld. REDFIELD, S D., Jan. 9. William Taylor, the defaulting state treasurer, was at the head of the First Na tional bank, and the Northwest Trust Company, of this city. The news of the closing his bank came like a thunderclap because both Taylor and the financial in stitutions with which he was connected were regarded as firm and reliable. The news from Pierre demonstrates that no money is held'there to the crfeU7r?f the state treasurer. It Is estimated about 3450, 000 Is missing with Taylor. Tuesday morn ing his bank here opened for business as Usual, and the cashier, F. W. Humphrey, states- it held 50. per cent of the deposits in cash nnd in bonds of approved reserve agents in the East. There was a quiet run on the bank Tuesday by persons who had their suspicions aroused by receiving private information from Pierre that Tay lor had not shown up there and that something was wrong. The bank officials decided to close the bank, subject to the decision of the controller of the currency. This action was taken for the protection of the banks and Its depositors. Cashier Humphrey declares depositors will be paid In full, as soon as the government examiner concludes his examination, as there is an excess of fully $60,000 In good paper, besides about 40 per cent deposited in other banks. The bank here is not compromised financially by Taylor's de fault. It was'stated authoritively that, after an examination of the bank and its credit is restored, it will reorganize and reopen for business. Taylor was list seen in Chicago Janu ary 4. He went from Chicago to New York. No bantr elsewhere is involved in the default. The Pierre banks were sus picious of Taylor's absence and withdrew their deposits from the bank here before it closed. A letter was received from New York today, dated January C, from Taylor in which he says he counted on friends to make up his shortage to the state, but they failed hfei. It has developed that a plaster mortgage reached Redfield Wednesday TrfoVning and was duly filed In the register tit deeds' office, transferring to a company n- Chicago all his real es tate and chatters in this city and in Spink county. NcxtBto he state, the blow falls terribly hard "Sh his principal bondsmen, who reside here. They qualified in sums representing- ati-they have in the world. AH the cityf6sd the bank for a deposi tor! , hence 6 'deadly paralysis has af fected all the "Arteries of trade and social life. Controlled" Eckels "has wired that Examiner Zimmerman has been ordered here at once" and will take charge of the bank. - ' --U! PnjfilRf Trained There. ASBURY pffipv, N. J., Jan. 9. The building onJJjssHulick's farm, used as training -quarjtgrs. by James J. Corbett in his preliminary training for the fight with Charleslitehell, was destroyed by fire last night) ; Bob Fitzslmmons and QTAepyslUstifcad, traced in the building: 3 0KE WHO WAS ' S DEXIAL OF ALLEGED ARMENIAN A.TROCITIES.f- tt it Xlniinez, a Distinguished Spaniard, Says It Is False That Woaiea i- and Children Were Outraged. , LONDON, Jan. 9. The Morning Post will print tomorrow a long interview with the Spanish traveler, Ximlnez, who has just returned from a geographical mission through Mesopotamia and Kurdistan. He said: "I was in Armenia from March to No vember, and happened to be in Bitlls dur ing the disturbances In the Sassoun dis trict. It Is absolutely false that women and children were outraged and tortured by Turkish troops. The whole thing was grossly exaggerated from an entirely local disturbance, locally suppressed, the troops arriving too late to share in the repres sion beyond the capture of the supposed instigator. He was a liberated convict, named Bohazian, alias Mourah, formerly a pupil in the American Methodist mis sion school." Xlmines exonerates Zekkl Pasha, who, on arriving at Moosh, immediately liber ated numbers of Armenians and adopted a policy of conciliation throughout. He says that the Armenian question hardly exists in Armenia. The Armenians of the Sassoun district he describes as the least educated and intelligent of those In Tur key, and very different from, their fellows in Van and Bitlis. He thinks they" are lit tle better than the Kurds. The disturb ances arose from quarrels and raids of the Kurds and Armenians, he says, and de veloped until the Armenians mustered a force of 3000, Intent either upon reprisals on the Kurds or revolution. The troops twice encountered this force August 27, killing 300 of them in an open light. The editor of the Postdescribes Ximlnez as a distinguished Spaniard, of high, sci entific attainments, and a Fellow of the Royal Geographical Society of England. He accepts the above statements as true, and denounces Gladstone and other sup porters of the Armenian political plotters. A. Denial From the "Forefjrn Office.. LONDON, Jan. 9. Lord Kimberly, of the foreign office, annvtinces that the statements made at "the Chester confer ence of Armenians as to the attitude of the British foreign office toward Armenian affairs were entirely untrue. The Standard says that Great Britain has replied to the porte's appeal to dis avow Mr. Gladstone's birthday speech on Armenia by directing attention to the fact that Mr. Gladstone is simply a mem ber of parliament, and cannot be pre vented from uttering his personal views. To Protect the Patriarch. VIENNA, Jan. 9. A dispatch from Constantinople explains why the Turk ish police entered the Armenian cathe dral yesterday. The patriarch, Stephen Peter Azarain, had received many menac ing letters, owing to his public statements discrediting the worst reports from Ar menia and favoring the porte. Chefik and Djelaledin, members of the commission of Inquiry, arrived at Erzer ounx Monday. WITH KNIVES AT HIS BREAST. A French Detective Forced to Con fess to London Anarchists. LONDON, Jan. 9. An Important official of the French police, in London on a secret mission, was recently seized by anarchists, who forced him to reveal state secrets. The details of the French man's experience were learned this even ing. They are as follows: "A young man, named Eugene, came from Paris last 'August and made his home in the anarchist 'quarters.- -Heap peared to be destitute... The anarchists fed him, clothed him and gave him em ployment. Gradually they admitted him to their confidence. He professed their doctrines and often took part in their secret councils. By the end of November he had attended several of their secret meetings. It was then noticed that the Paris police were gaining an unusual amount of information as to the pro ceedings of. anarchists in London. Early in December, the anarchist leaders began to suspect Eugene. They were not sure,' however, until an Important document, addressed to Eugene by Commissary Andre, Third brigade of the Paris police, was delivered by mistake to an English anarchist. Twenty-four hours later a special meeting was called Eugene, as usual, was Invited to be present. The moment he entered the door he was seized and bound. He was kicked, cuffed, spat upon, and, with a revolver at his head and several knives at his breast, was or dered to confess within 10 minutes. He acknowledged that he was a trusted police agent, known as Cotln, Cuvlller and Cottance. In searching his per son a bundle of police documents was found in a secret pocket. One of these was a letter from the Paris prefecture, Instructing him to watch and report in full the doings of a woman who was about to start from Dieppe for London. When the detective had answered all the questions the anarchists cared to ask, his captors proposed to kill him. Ulti mately he was kicked into the street with the warning that he would be killed if- he did not leave London at once: He started at once for Paris and, it is-said, will enter the army to protect his life. The London anarchists will send portraits of him to France for circulation amons the anar chists of the principal cities. Anarchists Arrested in Berlin. BERLIN, Jan. 9. A number of anar chists were arrested today. A quantity of revolutionary song-books- and pamph lets were seized. CHURCH AND STATE. The Pope Desire to See Peace Es tablished In Italy. LONDON. Jari. 9. Ttie Standard hears from its correspondent in Rome that the pope recently, in conversation with sev eral Italian nobles of the intransigeant party and others, said: "Nothing would be more consoling to us than to see peace re-established be tween the holy see and the government of Italy, and we devoutly hope that the men who are at the head of public affairs may be inspired to understand what good this peace would produce, both for church ?nd state. But false and erroneous rea sons of state are likely to prevent a realization of our wishes, but it is useless to speak of conciliation, as long as the rights of the holy gee are not acknowledged, and the pontiff is not placed in a position to enjey full liberty and indpnendence. It is true, however, that there are men of good will in the government, and they have caused to be expressed to us the desire of finding means of living on terms of less hostility, although our hostillty conslsts only In reclaiming our rights. Such good intertions must be taken into account. We cannot, however, abandon our mission. The ills to be lamented would be greatly limited If there were more stability among the men in power. Under the present aspect, our pqsltlon becomes more difficult and dangerous. Let us hope that providence will place 'is in the position which our pastorial min istry requires The attentioiis with; -which gcvernors and princes surround us are proof that all feel the necessity of our absolute autonomy." , TO USE CHINA'S MONEY. Japan to Have Erected an Immense Steel Plant. CHICAGO. Jan. 9. The Japanese gov ernment has submitted proposals to the Illinois Steel Company to erect in Japan a steel plant capable of tamingjPjit all the steel armor required by tlie Japanese navy and all the steel rails r-eded for govern ment railway construction. ! The"pIaritr is to involve an outlay of between TtKKl.CGO and flO.WVOO. This money Japan will pay For the Good of t&e Family IML02EI 60c 60en In -I lb. and i lb. Head Office, Colombo, Ceylon. out of the indemnity secured from China E. E. Potter, secretary of the construc tion of Illinois steel at South Chicago, left for Yokohama last night to consult with the Japanese government on the details of tha plant. He will remain in Japan until April. The Japanese propose to develop all their mineral resources, and the railroads are intended to connect the plcnt with the source of ore supply and the principal ports. OTHER FOREIGN NEWS. Favored in London.' LONDON. Jan. 9. The Daily News will say tomorrow In a leader on Mr. Cleve land's recommendation that Hawaii be allowed to grant England a cable station. "Mr. Cleveland has shown his good feelings towards England" and an en lightened sense of American interests In the matter of the cable station In the Sandwich islands.- Thfre seems to be no reason to doubt that congress, will take the same sensible and neighborly vl-rv of the overhasly protest of New Zealand dgalnst Hawaii's alleged annexation of Neckar Island. Anyhow, the protest will be allowed to remain a dead letter" The Times Englishmen will gladly rec ognize the courteous and friendly tone of Mr. Cleveland's message. Owing to the actual position of the parties, the president's recommendation, perhaps, is less influential than it would be in other conditions, but nothing can be further from a party question than an undertak ing promising substantial benefits to the States, without possible detriment to any real interest. In the Congress of Germany. BERLIN, Jan. 9. At today's session of the reichstag a motion was adopted sus pending the prosecution of Herr Stadtha gen, socialist member. Debate on the antl-revolutlonary bill was then taken up. The national liberals have. -decided to interpellate the late government on the charge that it failed to afford adequate protection to Germans abroad, Haiberg, free conservative, mode an at tack on the socialists. He declared the socialistic unions ought to- be treated, as outside of the pale of monarchial order and society. Herr GroeberK on behalf of the centrists, said the centrists .were will ing to combat revolution, and would, not assist in passing laws which call Upon Catholics to fight for their xeligion, but rejects the law adopted by the reichstag modifying tho restrictions agaitfst Jesuits. A Farewell Banquet, SYDNEY, N. S. W., Jan .9.-rThe new naval commander, Admirals Bridge, has arrived. A farewell banquet was given to Admiral Bowden-Smith.,Fren?ier. Sir Robert Duff presiding- Admiral low:den Smith said in his speech tha, despite the fact that all of the Pacific t islands, ex ctpt. Tonga, wer,e, annexej.iijr. i;he pMvp it was necessary that British erylssrs continue to patrol these1 "waters 'owin to increased responsibilities in connection with the recent annexations. He re joiced, he said, to know that the relations of Great Britain, France and -Germany in the South seas, were most cordial. Salaries of Australian dinciaJs. MELBOURNE, Jan. 9. The bill in the assembly yesterday of the government's proposal to reduce the salaries;, of members and officials was due to thetefforts of the labor members, who" have, oi late been active In their opposition1 to a suggestion that their annual salaries be reduced to 200. The ministry decided not Ho resign or to take any further aotitf it 'before tbe meeting tomorrow. An effort wilL be made by it tomoYrow to secure ihe support of t)e regular opposition, and tuns overcome the laborists. Canadian Copyright. LONDON, Jan. 9. Mr. Daldy writes to the Times in reply to J. D. Edgar, the Canadian commoner, who argued recently In favor of the copyright act of 18S9. He says: "Legal and other opinions support the contention that Canada really is asking England to legislate against English au thors in behalf of Canadian printers. However, only the interested few make the demand." Seized a Vessel Witff Arms. MILAN, Jan. 9. The Secolo prints this dispatch, under a Constantinople date: Two Turkish vessels, cruising on the coast of Asia Minor, recently seized a vessel flying the American flag. How ever, the vessel is reported to have been an English one, dispatched by the Ar menian committee In London with 10,000 rifles. These were forfeited and the cap tain and crew- were put in irons. Unpatriotic Chinese Generals. LONDON, Jan. 9. A Peking dlspatdh says Lieu Kun Ye, the newly appointed commander-in-chief of the Chinese forces, has again delayed his departure for the front. Li Hung Chang has succeeded in capturing General Wei Juk Wei, and has handed him over to the board of punish ment. . His Reasons for Withdrawal. LONDON, Jan. 9. The Earl of Bucking hamshire has made a statement in which he says his withdrawal from the conserva tive party and his future adhesion to the liberal party is due "to the fact that he believes the reform of the house of lords Is the gravest question of the day. German Fleet Must Be Strengthened. BERLIN, Jan. 9. At a parliamentary reception, held by Emperor William at Potsdam last evening, his majesty, in a speech upon naval matters, pointed out the necessity of increasing the strength of the German fleet. Professor of Medicine at Oxford. LONDON, Jan. 9. Professor Burdon Sanderson, the famous pathologist and physiologist, has been appointed regius professor of medicire at Oxford. Cannot Form a Cabinet. VIENNA, Jan. 9. Count Khuen-Hed-ervary has formally notified the em peror that he cannot form a cabinet. The Nicaragua Canal Bill. WASHINGTON, Jan. 9. Arrangements have been made for a test vote on the Nicaragua canal bill some time this week. A motion will be made by Senator George to lay the bill on the table. If this is defeated by any such decisive vote as the friends of the bill claim, it will be decided to push the bill to an early vote. If iny great opposition is shown, it Is probable the bill will be withdrawn. The object of the test is to ascertain the standing of the bill in the senate. WelKhtcd for Death. ALVJSO, Cal., Jan. D.-Samuel Milliken, aged about 60, well known as one of the Millikens that founded Milliken's Corners, near Lawrence station, deliberately com mitted suicide this afternoon by fastening a large plate of iron to his body with a chain and jumping from Ortley's wharf into Cuadaloupe river, at this place. Ceylon lead packages only. "Wholesale! Agents, Lanj? & Co. THELETrERRECEIVED NO' LONGER ANY DOUBT OF AN IN " .TERNATIOXAL MEETING. Everything Has Been Arranged, Ex- "ceptlng the Date of thc'Contcsl and Prosramme of Ecnts. NEW YORK, Jan. 9. The anfcnge monts for a series of international ath letic contests between the champions of England and America are neatly com pleted. The steamship Teutonic, which arrived here today, brought the expected letter from the London Athletic Club. The letter caused the liveliest enthusiasm at the New York Athletic clubhouse to night, and the e'ection was forgotten in the discussion of this li ely topic. Secre tary Gulick, in speaking of tho letter to liight, said: ."This letter will come up before the meeting of the board of governors next Tuesday night, and its reply t. ill be sent. We do not expect that there will be any quibbling over the dates or a programme. The list of contests submitted Is all right, and the only suggestions we will makes will be the addition of a 220-yard run. and that the programme will contain hamtner-and-shot contests. We are delighted at the prompt response to our challenge," The letter is signed by S,. K. Holmanr the secretary of the London Athletic Club, and says in part: , "I am directed to suggest that a date not later than the middle of May or early in October would probably suit us best. And to ask you to Inform me by next mail if cither of the months named is satisfac tory. In the event of there being little or no preference on your part, we should take It that we might be allowed to select such time as we found would best enable us to bring a representative team. The final settlement of this point, however, must remain open until I hear front yorf and from those members of my club with wham I am now in communication onthe subject of the proposed meeting. I pre sume the events to be decided would be as follows: "One-hundred-yard run, 13) yards, over hurdles, 410-yard run, half-mile run, one mile run, five-mile run, high jump, long jump and 16-pound shot or hammer throw ing." ABOUT THE HORSES. Crokcr and DwyerWHl Send Twenty Two to England. NEW YORK, Jan. 9. Richard Croker today engaged" passage for 22 race' horses dm tne.'Bteamer Mississippi- Which -sails for' 'England c January "f 12. .Thesa.rh&fis'eA are the thoroughbreds which. Mr. 'Croker and Michael- Dwyer will race in England during the season of 1S95. They Include the 2-year-old Montauk, which is entered for the 189S Derby, and will remain in England for two years. Croker will enter Montauk and the other 2-year-olds, which show promise in the great 3-year-old stakes abroad. Yesterday 's Rncewinners. The talent had another off-day at San Francisco yesterday, and picked but one Winner Martinez, in the flrst race. Chev alier, who was so badly bitten by Jake Allen yesterday, will probably recover. If bloodpolsonlng does not set In. The win ners at San Francisco and New Orleans were: At San Francisco Five furlongs, sell ing, for maidens, Martinez, in 1:114; about six furlongs, selling, St. Albans, in 1:2S4; six furlongs, handicap, Quirt, in lUSUi mile and a half, steeplechase, Major Ban, in 3:10; five furlongs, selling, Gussie, in 1:11. At New Orleans Five and a half fur longs, Black Ball, in 1:19; five and a half furlongs, Miss Magee, in 1:17; six fur longs, Jardlne, in 1-25; five furlongs. Ex press, in 1:1014; six furlongs, Fidelgo, in l:2G?i. One of the Few Wilkes Stallions. 'NEW YORK, Jan. 9. At -the horse sales today, the stallion Alcantara was sojd to John S. Clark, of New Brunswick, N. J., for $10,000. (Ancantara was foaled in 1S76, and is by George Wilkes out of Alma Mater. Up wards of 50 of his ge tare In the 2:30 list. He himfcelf has a record of 2:23 as a -4-year-old.) DEMPSEY IN NEW YORK. The Nonpareil Sa? s He Is in Splendid Health. NEW YORK, Jan. 9.-Jack Dempsey, the jionparell of the prize-ring, arrived in New York tonight oh the steamship Hud son, .from New Orleans. Dempsey is in splendid condition, and says he will be gin training at once for his fight with Tommy Ryan, the Chicago welterweight, Dempsey laugh'ed when told of the pub lished reports that he had been drinking heavily of late. He said: "I have not been drinking, and don't intend to. I am In splendid health, but must get rid of some fat. I weigh about 153 pounds, but will enter the ring at about 140." Una: Is due to an impoverished condition of tho VJood. It should be o ercome without de lay, and the best way to accomplish tbJ3 result is to take Hood's Sarsapariila, which 1 Sars(z aagyA pavilla will purify and vital ize the blood, give strength and appe tite and produce rS sweet and refreshing sleep. .Be 3nre to get Hood's Sarsapariila, and only Hood's. Hood's PJHs cure nausea, and biliousness. DR. COLE & CO. 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