Morning Oregonian. (Portland, Or.) 1861-1937, January 10, 1895, Page 2, Image 2

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    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:
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result is to take Hood's Sarsapariila, which
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aagyA pavilla
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strength and appe
tite and produce
rS
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Hood's Sarsapariila, and only Hood's.
Hood's PJHs cure nausea, and biliousness.
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glares