The Oregon scout. (Union, Union County, Or.) 188?-1918, November 13, 1886, Image 3

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    A SIO STItlKH comixg.
Trouble Among the Varlsers in the "Hog
City."
Chicago spccinl: Not a packer nfc the
ynrds bought hogs this morning. This is
most significant that tho affairs nt tlio
stock ynrds nro shaping themselves for
nnotlier strike there, n general strike which
will involve everybody the ling houses ns
well ns tho cattle. Swift's men mid Nelson
Morris' nre out to-dny, while others nre nt ;
work," but the packers this morning for ,
some ions on or other from Armour down '
nre prepn ring for nnotlier great fight over
the eight hour question. Work nt the ,
houses to-dny ia in tho wny of clearing up
the carcasses on hand. Ono packer n lii"
one said tins morning that the chnnces
nrenboutOO in 100 that the fight of two
weeks ngo will, have to bo hnd right over
again. This time it will be settled forgood
The packers nro evidently in possession of
secret information. The comuiittco of
eighteen appointed nt the butchers' meet
ing yesterday afternoon represents not only
the beef men. but every branch of industry
ns tho stock yards. This is pcrliaps one of
mo reasons nny tuo pncl.ors are so nctive
gemng into smipeior nnotlier strike. Then
it is known that tho committee's plans
liavo leaked out. At nny rule, by some
process me packers feel they nre thorough
ly informed of the men's plans, and tlmt
nicy cannot lie surprised. If the strike oc
curs to-morrow, as is expected, guurds will
ne mnrcueii at once to the hotisesnsTiolore
Hie big strike is on nt St. Louis, nt Whit-
nii.ers poru-pacKing cstnlilisiimenr, over
the tcu-liotr question. Hie strike there
will help the packet's here, for Whittnker is
an nctlve nnd sharp competitor of Chicago,
mill packers hero would rather have him
closed with them thnn running while tlie.v
nroclosed. hero went numerous consul
tations at different down-town puckers'
iniicrs io-iiny, nnti ono alter another thev
dropped into Armour'N office. The sumo
committee will have chnrgo of tho packers
imcrcHiH. in caso trouble does como to-
morrow tlio packers have resolved tostnnd
by Swift and .Morris in their trouble just as
tney moon n.v t-acn oiiierin their recent d
cillty and they will fisht the thintr tl
on that line. Swift hnd his fires lighted this
morning, nut his men did not return to
work. Iuthebonrd of trade it is undnr
Ptood there will bo no effect to coax tho
men duck, mid the nnckers nrn nn In will
ing to let the question come to an issue and
sonic it nnnlly and for nil time. They snv
they will never yield, even if the men force
mem to suspend now. The following was
promulgated ns the result of the conference
nciwcen mo proprietors of the parking
"u uuionjing 10 tne nssociation, which
mult pnii-u huh nioriiitig:
At a meeting of tlie packers' association.
neni viiisiiay, n was iinnniinonslv resolved
thnt they would control their business and
that they will protect their own proporty
nt nny ami all costs, and they will run
tlieir houses on the ton hours basis. It
was further resolved thnt tho executive
committee lie continued in office with mi
thority to employ nny protection deemed
.necessary
PllOVEtlTT IXTFSESTS DESTKOrCT.
T.OM of
777? VU11T.IC 1EIIT STATEMF.XT.
Washington, D. C, November 1. The fol-
lowing is a recapitulation of tho debt state
ment issued to-day:
Interest bearhur debt:
Bonds at 4 per cent $ CT), 000,000. 00
Bonds at 4 per cent 737,770, 400.00
minus iu ,i per cent 60,548, 7C0.00
iKjiuiiuiiii ccriiiicaios ni 4
per cent 101,500.00
ituvv pension mini nt ij per
cent 1-1,000,000.00
rnciue rauroau bonds at 0
Per cent 04,023,512.00
Principal
Interest ,
Total
'Debt on which Interest
censed since maturity
i i -
Principal...
interest.
....$1,153,413,112.00
' 8.9D;i,f)(il.00
1,1010,073 IX)
nas
12,310, -lIC, 00
A Fire In Chicago i:,i tailing
$'iS0,0t(h
Chicago, III., Oct. 31. A conflagration
causing t'jc loss of nearly a quarter of a mil
lion dollars and probably several lives oc
curred in the Knight nnd Leonard six story
bill ding, 109 nnd lit Eat Mndlson street,
between 4 aud 5 o'clock this morning. The
inmates of the dozens of Rambling house? In
this vicinity v ere unaware of the fire at the
outset and it made such rapid headway that
none had stirred from the tables until the
lives of most of them were Imperiled. Then
a wild stamiicde ennicd. The proprltors hur
ried gold and greenbacks Into satchels, others
shoveled Ivory chips Into bags, mid a few
rushed down stairs loaded with roulette
wheels, faro tables nnd gambling pnrnpher
nulla of nil diminutions, But these were the
exceptions. The majority, dealers, lookouts
nnd players, roe together and came tearing
nut of tne buildings, many hatlcss aud coat-
less and nil frightened.
After an hour's work bv the firemen tlio
flames were under comparative control. A
that time fk men of the Insurance patrol
were In the building putting tarpaulins over
stoei; ol the uoouyear runner company.
INSL'll.VNCE rATUOI.Mr.N' lll'MEP.
Suddenly there was a terrible crash, followed
bv a dense wave of smoke and snarUs which
puffed out Into the street. The loof nnd top
iioor nan i mien turougn to tne uascment,
burying the men of the Insurance patrol iu the
ruins.
A moment after the crash a detachment of
firemen mid ItiMiraucc patrolmen led by Chief
Bneeney rushed to the rescue, ihe cries or
the imprisoned men could be heard above all
the din.
ilaidlv were the rescuers at work -ehoimlmr
aud louring away the fallen beams ami spliu-
icren iiooring w lien there was nnoiiier crush,
and a heavy niece of machinery fell from the
third floor. It was so far hack in the building
that no ono was hurt and the rescuers con
tinued manfully without a stop.
liewgu i'linield was the nrst man out. lie
came up through a hole which hnd been made
in the sidewalk lights over the basement, lie
was only slightly Injured. William Darby
also managed to crawl out of the ruins with
only tllght Injuries.
ihe rcsculm: n.irtv found Cantaln Hume
pinned down under a fallen beam and wedged
m between two boxes ot noods. IIu was car
ried out tilth both legs crushed aud his left
foot turned completely around.
V. L. Minims was ifrairircd from under two
heavy beams. He was cut about the head and
his body fearfulb bruised.
a roon fi:i.i.ow's autul tlioht.
Ous UjorLrmaiike was bclmr held down bv n
heavy niece of priutim: machinery so that all
efforts to release him seemed fruitless. Tho
imprisoned man clutched convulsively at tho
iron bars nnd wheels, begging his comrades
to kill him, ns they could not get him out.
The sewer of the basement had become
choked up and the immense nniount of water
thrown into the building was nq Idlv rising
under lioergmanke's eyes, while the flames
were gradually eat nir their way toward him.
and Chief faweeney ordered an eiiirlno detached
from a lire plug and set to work 'pumping the
basement of the Hoods from the other engines,
wuose euoris were reiiounien inrnmst nm tie
Ihe waters had just i cached Boergmanko's
chin when they began to go down anil the
llauies began to recede. With the nld of jack
screws tne macli inn was nt Inst tviUeil nm
Boenrmankc. who for nearly three-riuuiter.s of
mi noiir nau civen uiuiseii no ior lost, was car
ried to the hospital. One of his legs was bro-
Kcn ami an arm is shattered, but it is though
i. ...in ii. . 1 -n
11U W 111 ill U.
(J. l'nmnoatt. ased SO. could not he found
mm aiier h long searcn was given tin lor lost.
It was not until eleven hours after thnt bin
body was found. In the recovery of the corpse
muuiier lireuiau was laiauv injured aud a
patrolman seriously wounded.
ciiirsm-.n nv an ikon coiinicr.
The lire and the fall of the roof had dim.
aged many telephone and telegraph wires.
Gangs ot linemen werj sent to the mofs ni
adjoining buiidincs to strain hten the tan-rled
mess. They were renuested to wait until tin.
Ilremcn found l'aplneau's body, but the wire
,i-rrl.-n.-o ,11.1 .if .... ...t.. ll'l.ll . in
li'illlj. mine IHlllllli; a
HEDVCTTOX IX THE VVIIT.IC Dl'ltT.
Total
Debt bearing no Interest:
Old demand and legal tender
notes
Ccrtllieates of deposit
'Gold cert Ideates
Sliver certiUeates
Fractional currency, less $s.
:J73,(MI, estimated as lost
12,5-IS,yj7.U0
040,733.391 00
7,1-1 ',(KX).l,0
10J,30O,bO0.U0
or destroyed.
Principal
"Total debt principal..
Interest
0,9.V1,702.0D
549.333 Hi.' 00
1,715,193,41)9 00
9,t'2ii,ai3 L0
Total.
.$1 ,7.4.419.4(3! HO
.Less cash Items available for
the reduction of the debt? 217,2SS,315 00
Less reserve held for redempt-
ionlof United States notes 100,000,00000
v.' ' V .;. V : 317,2,1)1500
uwui uuih iuo nviiiiuoie casn
items
Net cash in the treasury
.S 1,407.131.14700
1X1 7b3,1990J
l,3Tl,r47,917 00
1,307,519,507 00
13,201,019 00
Debt less cash In the treasury
November 1. l&SfJ
Debt less cash m treasury
October 1. 18S0 ...,s
.Decrease of jloht during the
month j;
Cash In the treasury available
ior reduction ol the public
debt:
Gold held for go'd certificates
actually outstanding SS,E91,rC9 00
Silver held for silver ccrtlticates
actually outstanding 100,300,SOO 00
-United Slates notes held for
ccrtllieatesof deposit act-
tuallv outstanding
Cash held for matured debt
n'i hitcrest unpaid 21,5i2.4S9 00
iractfoiial currency 4,057 00
7,140,030 03
workers did not
heavy cable over a wall .1 piece of jagged
iron cornice was dislodged. It fell m tlm
basement and sh uck lltvmaii .Michael .Mefinv.
eru in the small of the back, and while his
companions picked him up policemen hurried
to tlio roof and Intercepted the linemen.
ivniie neinuig to carry out the wounded mini.
William Corne l of the Insiii-iiiiei. mimi rn
through a bole iu the broken sidewalk; and
was so serloii'-ly injured that he had to be
nihen 10 me nosnita . cliovei-ii wns inn-i , .
maniried nv tlie eornleo nm Is di-imr i.'.,,i,,
een of the linemen weie put under arrest but
were aiierwnins leieaseil.
losi:s op the nrn'nivTa
IIIC nuildlui: was oeeiinii'il In- iimnl... nr
iiirL'e arms, ine i,(i(ni-e:ir 111 hi,,.,-
had the bnseme it and first lloor. Tb.. cir.f
was valued nt luu,uou; Insured for $G' 00J
1 (ie rmiin'iiiv'a hqs is r. nui c .11. k...... i.
1 j " -.tii.-tiiiii ,v
Cline, agents for the Ooolvcar Mnniifiu.tnr.
Ing company, Doston belting coninany. do-
samer rubber I'lothing company aud James
Davis & Co. had the basement ami front n,wn-
01 nrj. imir S150.0U0 stock is damaged
$o0,C0J; insured for $0 ',003. Knight & Leo-
iiarii. printers in tne upper lloo.-p, lose nbout
550.000: Insurance StO.OdO. Willln 111 Wit. Illl
it 1,0., Doouuuiuers and tin il Is hers ln.
000 and have hut S13.00J Insurance. C.
2"r 118 P1'1"11'1- establMiment is damaged
o.iaa, juny insured. Jt. u. Jiadeati ifc Co..
puwisucrs, nnd the Derby jiaper company ul-
iso nave small lobes.
1 he building Is owned by Judge L. C. V.
rreer, wuose ios is auout fi.OUO, but Is he-
jiuvcu 10 ue iuuy insured.
J7ie Shotelng STadefor OetoberTlie itmotint
Ilereived From All Sources.
nsbington special: A statement just
p u out nt the trensttry department, show
ing the receipts nnd expenditures of the
Sovernment front duly 1, 1SS.", to Juno
DO, 1SSC, presents some interesting totnls
of income nnd outgo during the last thirty
ono years. The totals of some items of
somo expense arccnormous. Korinstnnce,
siuco 18fn the government has mild out
for pensions in round numbers $S2",000,
000, a small sized ti.itionnl debt, and of
this sum all but nbout 52."), 000,000 wns
paid out since 1S153, or to pensioners ol
tho into civil wnr. Tho Indiana have
cost tho government nil tho way from
$2,r00,000 n year, or, in round numbers,
during these thirty-one years nbout $105,-
000,000. Interest on the public debt has
ranged during this period anywhere from
S 1,500,000 in 1S."S, the lowest annual in
terest charged, to nboiit $14 1,000.000 in
1M the highest mid 111 tlio aggregate
ior tlio thirty-one years nniounted to the
vast sum of ?l.:tir,0001i)00, n sum about
equal to tho national debt of today.
Ihe not ordinary expenses of the
government ranged from $03,000,
000 tho lowest-in lSSO, to $1,300.
000,000, the highest, in ISO.", the
last year of the war. In the wav of rev
enues, sales of public hinds iu lS'fiG netted
the government nenrly $9,000,000, a larger
sum than was realized from this source In
nny year till l.ss I, when the revenue from
this service reached $!),H 1 0,000. Thetctal
ri'ienue from this source umounts toabotlt
$7i",000 000. The vear of the largest net
levenue was in 1S00, when it reached
S""iS,O()0,0O0. Custom rereints that vear
niiKiuuted to about $180,000,000, nnd in
ternal rovonn.' receipts to nearly $310,
OOO.OOO, the Imi'ost rocoints of
during the period. Vhnt year there w -h
nlso $38,000,000 revenue" from premiums
on loans nnd sales of gold, and $29,000,
000 from miscellaneous sources. In 1SG7
the not levenue fell to S4!)0.0()0.onO. nnd
since then have gradually fallen to S330.-
000,000 last year. The year of the biggest
customs leveiuicswns ix-j, when it reached
$220,000,000. The year of tlie ec-atcst
surplus revenue was I10111 July 1, 1SS1, to
Juno 30, 1SS2, when it reached $145,000,
000. Since thou it has dropped off to
M:iU,000,000 ill 1SS3, $105,000,000 in
1S81, $03,000,000 iu 1SS5. and ndvanced
iiguin 111 the lucal year ended June 30.
xooo, 10 auout .u i.uuu.uuo.
Tin: rum.ic di:iit.
U he reduction in the iiiiblic debt dtirinc
October amounted to S13"01.(Un. Tim
deereiiHO in the debt for the first four
months of the fiscal year aggregates $34,-
lon.n.io. ine interest-hearing debt now
ninoiints to M, 153,4 13,112, aud tho total
interest-bearing and lion-interest-beariiig
neni. less caxn in 1110 treasury, is $1,354,
t(4,U4(i. iho net cash lmlanio in tho
treasury to-day is $52,733,190 against
$07,800,321 a month ago. This decrease
111 the net eusli (luring tho month is n c
counted ior ny redemption of 3 per cent
bonds. On October 1 there were in round
numbers $115,000,000 of theso bonds out
standing, while stiitements report but
&&H.&48, 1 00 outstanding. The gold coin
am) bullion found in the treftsurv to-day is
$240.S42.MS, with liabiliti s; gold certi
lieates outstanding amounting to$S8,U2!).
'.)G!, thus leaving a gold find bahinco
of $5S,537,179. There arenow $100,300,
S00 in silver certificates outstanding, or
about $5,000,000 more than a month ago.
The store of silver dollars now held in the
treasury amounts to $182,931,231, an in
crease of $1,500,000 during the month.
Government receipts dining October were
heavy, amounting from all sources to
e.MI rt'lU .lOT .... e"-frrr
..',uuu,'t 1, in jiuii.uuu moro inati 111
October a your ago. Customs receipts were
$10,758,008, $500,000 more than in Ucto
her, 1885, nnd internal revenue receipts
were $!),479,038, nearly $2,000,000 less
than 111 Uetober a year ago. The large de
urunsu in iiiioriini reveuuo receipts com
pared with Uetober 11 year ngo, is almost
wnoiiy accounted Ior by an unusual
movement of bonded whisky in October,
upon which tax was naid. Kxnendi
tures for October this year were $2,474
0G1, about $2,000,000 more thnn in Oeln
her, INbo. tlie total revenue for the first
lour mouths of tlio eiinont fiscal venr is
S123.055.497, or about $9,500,000 more
thnn for the corresponding four months ol
JbhO. Un the other bnnd eovermnent
expenditures for thesofour months in 188C
were l.OL'l. 370,031. or nearly S7.G00,
000 more than for tho corrcsi)ondini
months of 1885.
A III! XUT A COOn JIASIS.
ATI.ASTIO COAST SUUVHT.
TiiviisihiY, xon:.viu:ii ssm.
lot
217,23S,315.03
100,030,000.00
2V'!, 757.00
f4,400,700.lC
52, 7S3, 199.00
Total available for the reduc-
Hon of the debt $
Reserve fund held for re
demption of United
blates noles, acts of Jan-
1SS2 IS75amlJ'"b-ii.
Unavulhibie for i cductVou 'of
MtaoVCol!,",,'ror 00,11 avTOJ,3T,00
-iiiuor com 2;i5 42.100
La
Total
Certificates held ns cash.'.
Net cash bainnrn nn Ii,,m,i
"Total cash in the treasury'as
ouunu ly ihu ireasurer s
geueral account $ 451,003,03100
FIC.IITISG TX 3IKXICO.
A special from Nognles, Ariz., snyB: It
fins just como to light here that tho gover
nor of Sononi is implicntcd in n murder,
which hud for its motlvo political conse
quenco. l-'rom reliuble residents of this
town tho following facte are learned: Some
veekH ngo Prefect Torres, a cousin of Ooy.
'CniorToircH, of Sonora, Mexico, wns killed
v revolutiouUts in Montezuma district.
T',0I?oJr.ernor resolved upon somo sort of
retaliation, 11 ml two weeks ngo nccompan
led by f ommandaut Torres, a broiler r
1 10 inurderixl man. with lCOstato troops,
Aturled for th Jrontezu.nu district. At
the town of Montet.ima they met the revo
lutionlsts, headil by Sm.r Villnrd. After
some pnrl-y Governor Torres pulled his
pistol, firl nnd killed Villurtl. Floret
flghtb.g ensued in which It Is said fifteen
men wore killed und snifr,.! 1...1 n
is Impossible to get the facts ns to thex
nctnu ber. but onoiigh is known to war
rant the statement thnt n great deal of
blood wns bhed. Tho fight occurred Tues
day last.
27ie Day Tliat lias JSeeit Set Apart
Jiittiu:sglviiy vml I 'ml ac.
President Cloveinnd has issued his annual
Thnnksgiving proclamation. It rends as
follows:
A proclamation by the president of tho
United States:
"It hns long been tho custom of the peo
pie of tho United States, on a (lav in each
year especially set apart for that purposo
by their thief executive, to acknowledge the
goodness nnd mercy of God, nnd to invoko
His continued cure nnd protection. In
observanco of such custom, I, Grovcr
Cleveland, president of tho United States,
do hereby disignato and sot apart Thurs
day, the 25th day of November, instant,
to be observed and keptnsaday of thanks
giving nnd prnyer. On that dny let all our
I people forego their ncnistomed employ
' meats nnd nsseinblo in their usiinr places
01 worship to give thanks to tho Uuler of
the universe for our continued enjoyment
ui wie oiessings 01 a ireo government, for a
renewnl of business prosperty throughout
our lami. ior tne return which has rewnrd
ed the labor of thoso who till the soil, mid
ior our progress ns a people iu all thnt
mnucs a nation great; and while wo con
template the infinite power ofGodinenrtli
ounkes, flood and storm, let the grateful
heal ts of those who have been shielded
irom iinrm through Ills mercy be turned in
sympathy nnd kindness toward those who
have suffered through His visitation. Let
us also in the midst of our thanksgiving,
remember the nnor mid
fill gifts nnd utmost deeds of ,-1,,,,-iiv
thnt our servico may be made accoptuble
in tho sight of the Loid.
"In witness whereof, I have hereunto set
my bund aud mused the seal of tho United
Stutes to be nlllxed.
Doiio nt , tlio City of Wnshlngton, this
1st day Of .Novoinbar, in the year of our
Lord, one thousand eight hundred and
eighty-six, mid of the independence of tho
United States of America the one hundred
and eleleventh.
"Ily thepresidont, G110 visit Ci.i:vi.i.a.'d.
"T. P. liAYAiin. Secretary of State.
The municipal authorities of Rome hire
Our Hundred Tiomantl Acre of (load Lund
Unit Can be Urcluhiird.
Washington specinl: Major Powell, the
director of tlio geologicnl survey, in his mi
nimi roport describes briefly tho progress
which has been inndo in different branches
of work subordinated to thogoological sun
vey. During tho past year 81,829 square
miles in twenty states uud territories have
been surveyed. Tho experionco of tlie sur
vey hns brought ninp-mnking up to a high'
ly-dovelopcd nrr, and therefore tho maps
of survey nro so great Unit it mny bo ad
visable to nsk authority of congress for
their general distribution. Of sclnntifie
studies in tho swamp lands and marshes
01 1110 Atlantic coast. iIajor Powell snvs
there are probably 100.000 fid Hum inilnM
of count lun.lH valueless in thoir nresent
condition because of Inundation by tidal
nmi iniviai waves, 'iheso lauds might bo
reclaimed and rendered tho most valuable
of agricultural lands in this country, but
tho relative altitudes of land nnd sea are
not constant. Iu somo nlaces the oronn is
encroaching upon the land, and in others
the land is emerging from beneath the
water, so ho thi ks it would bo unwlso to
inuugiirato oxpensivit systems of leclaimn
lion of inundated lands, without first as-
CCI taillltlLT whether fliesu InmU I
i. 1..-!.. . . . : s
umieiiiiL' movement, nnd mnn np n
guido engineering operations directed to
such reclamation a general investigation
of tlio changes in progress along the Atluu-
neon undertaken.
nxaAonn to a t.oud.
Now York dispatch: The engagement is
announced to-dny of Miss Kllen Sprnguo
Singer, tho youngest daughter of the Into
General Anson Sinner, of Chicago, to Lord
James Wellington Foley Hutler. brother
nnd heir presumptive to tho Maiquis of
Onnnnd, in the peerage of Ireland and
Huron Onnnnd, in the peerage of the
United Kingdom. TJ10 bride-elect is not
quite 20, handsome nnd accomplished.
Miss Stager met Lord Duller at a bull
given in her honor while in Loudon.
A XFAUi FOll HHJIl'.
Lendvillo (Col.) spcciali Lute last night
John Crnne, a Swelle, wns knocked down
on Third street and robbed of $300 and a
gold watch nnd chain. Not satisfied, tho
highwaymen beat him with somo blunt in
strument about the head. He was picked
up an hour Inter mid taken to his room.
Ho is frightfully rut up, nnd it is thought
cannot rocovcr. I'or two weeks a reign of
terrors has existed on nccount ol hold-uiis.
Sixteen cases similar to Crane's have oc
curred iu that time, one man being robbed
ol 5 1.000 and then brutally ussuulted. It
Call South, Hearing Xu Interest, Cannot be
Srtatnrd by the Jlunkt.
Attorney General Gnrlnnti hns given nn
opinion to tho secretary ot the treasury
Hint the uatioiinl banks must deposit interest-bearing
bonds to secure tlieir circu
lation nnd that called 3 per cent bonds
cannot bo used ns a basis of circulation,
lie says: Cei tain 0 per cent bonds ot tho
United Stntcs held by its treasurer ns se
nility tor circulating notos of the First
National bank of North Hend, Neb., hav
ing been culled in fo. redemption and hnv
ijjg ceased to lie interest-bearing, tlio bank
hns been notified by tlie comptroller of tho
currency to exchange thoso bonds for in
terest bearing bonds of the United States.
The bank in reply asks to know by what
nuthority the deiiinnil hns been made, al
leging that it bus mice complied with sec
tion 5, lot) of the revised stutlites, by de
positing with tlie treasurer intrest-benring
bonds of the United Stntes, which are
wortli par. An opinion is requested upon
tlie question thus presented, namely:
Whether the stoppi.ig of interest on bonds
deposited, resulting from tho call ot the
secretary of the treasury, authorized the
comptroller of the currency to require Hie
lunik to substitute interest-beating bonds
for bonds now on deposit. It is not open
to question t lint the bunds deposited bi
ll national bunk to secure its circulation
must be interest-bearing, nt the time
the deposit is made. On that
point the law is explicit, it. would
t-eeni to be equally clear that whatever
purpose congress had in view in reuniting
that the bonds deposited liy national
banks should be iiiterest-lioariuj, Ihatpur
poso bus continued tlie same from IUj first
Inn on the saino subject, iu 1803, down to
the present time, there being un absonee of
any legislative declaration of change til in
tention in that particular. Iu resolving
the question whether it is essential to the
nlul deposit of bonds by a national bank
that the bonds deposited should be inter
est beating during the whole tune, o de
posit, it may assist us to read tlie act of
1803, under which the national bank sys
tem was introduced, iu the light of circum
stances in which it was passed. The seero
tary has already mentioned the support to
public credit which may bo expected from
proposed associations. The imp rtnnco
ot this point tuny excuse some uddilioual
observiilions. The organization us pro
posed, il sanctioned by congress, would re
quire, within n very few years, for deposit
ns security for circulation, bonds of tho
United Stntes to an amount not less than
$250,000,000. It mny well be expected, in
deed, since circulation, by uniformity in
credit, and value, and rapacity ol quick
nnd cheap transportation will bo likely to
be used moro extensively than any hith
erto issued, thnt the demand Ior bonds will
compass this limit. Should congress see
fit tii restrict tlie privilege of deposit totho
bonds known ns the five-twenties uutlior
ized by act of tho last session, the demand
would promptly absorb all of that descrip
tion already issued mid make largo room
for 111010. A steady market for bonds
would then bo established, and the nego
tiation of them greatly facilitated, llut it
is not in immediate results that the value
of tins support would be only or chielly
seen. I hern nre ulways holders who desire
to sell securities of whatever kind. If buy-
eis are few or inircrtuiu, tho market value
must decline. llut tho nlnii proposed
would create a constant demand einmlliiij
nnd oft.Mi exceeding the' supply. Thus a
steady uniformity in price would be main
tained, nnd generally at rates somewhat
above those of bonds of equal credit, but
not available to bunking associations. It
is not easy to nmircJulu tho full bcncfitsol
such conditions to a government obliged to'
borrow. The conclusion arrived nt, niimo
ly, that it wns the intention of congress
thnt the deposits of bonds by national
banks should bo kept iutorcst-benriiii! dur
ing the whole period of deposit, would, It
correct, seem to bo rendered iibsolutely
certain by an net of July, 1882, "To una
ble national banking associations to ex tend
tlieir corporate existence, uud for o'lher
purposes. Section D provides tlmt any
imtiomil bunk may, on depositing lawful
money with the treasurer of tho
United States Withdraw a proportionate
amount of United Stales bonds on deposit,
subject, howovcr, to theproviso, 'Thnt not
more than $3,000,000 shall be deposited
during any calendar month for this pur
pose,' uud to tho further proviso, 'That
tho provisions of this section shall not ap
ply to bonds called for redemption by tho
secretary of the trensury nor to tlio with
drawn! of circulating notes iu consequence
thereof. This Inngllago, it would scorn.
leaves no doubt that it wns tlio intunlinn
of congress tlmt when bonds deposited to
secure circulation of a bank mo culled for
redemption, tho pnvmnut of them means
the retiring of tlio circulation they secure,
unless, indeed, tho bunk, ns It 11111 v In w.
fully do, should muko a new deposit of nn
ndcquii ton mount of interest. ln-uriie' humid.
Jt follows then that unless tho First Nn
tionul bank of North Hend substitutes iu-
terest-bearing bonds for tho cxistim? de
posit of bonds railed for redemption, the
proceeds olthe hitter must bu unolled to
louring 1110 tircuiaiion secured by it.
TIIK H7.K OF. VIIS. STIWAliT.
The VtAiwiitlon She Made of Iter 1'ait
Wealth.
New York dispatch- The will of Mrs.
Cornelia M. Stewart, wife of the late mil
lionaire dry goods merchant, wns filed in
probate to-dny by ex-Judge Ilornco l'us
sell, Henry Hilton's son-in-law. Citations
were Immediately issued to tho heirs and
next ol kin, niiulo returnable Nov. 13. Mrs.
Stewart bequeaths $20,000 per yen r during
life to her brother, Charles P. Clinch; to
each 'of her sisters, Susmi, 1-hnina nnd Julia
Clinch, sho lenves an annuity of $10,000
n year; to her niece, Sarnii N. Smith, she
leaves $500,000; to Cornelia S. Hutler sho
leaves $200,000. nnd to ench of her chil
dren, Lawrence nnd Onirics S. Duller,
$50,000; to Kate A. Smith, $200,000: to
each of the remaining children of Snrah N.
Smith, Louisa, itessie nnd Jnines, $100,
000; to each of the children of her deceased
sister Louise, tormeily wife of Charles U.
Hutler, Kosalle, Allan, Virginia, Lillian,
Maxwell and Prescolt, $50,000. All the
rest of the estate, real and personal, sho
beqiuaths to Charles J. Clinch, now of
Paris, and Henry Hilton of this city. None
of tint legacies are to be payable until
three veins from linal probate, nor anv of
the annuities until six months utter pro
bate. Kxecutors to the will nre Charles J.
Clinch uud Henry Hilton. The will isdnted
July 5, 1S77. in n codicnl to the will
dnled May 27, 1S7S, sherevoked a bequest
of Henry lldton ofone-halfotherresidiiary
estate, mid instend bequeaths him one
half of the residue ot her property uud es
tate iu (rust, to receive, hold, munage, con
trol, sell and apply the sumo to tho com
pletion ot tho Stewart memorial church,
now in course ot erection at Warden City,
L. I., mid to supply it with nil necessary
to mnke it a free church and cathedral for
the Protestant 1'iiiscoiial church of I III
diocese o Long Island, .. ., to endow it
witli such money us will mniutaiu it for
ever, w ilh a provision for tlie bishop of
the diocese and hisnssistants, to construct
and endow with money siillicient to sus
tain them forever, two buildings to be uHed
un schools mid seminaries to be attached
to such cathedral, and to erect such other
buildings us tlio cathedral, seminaries
nnd schools may require. All these build
ings are to lie erected on Mrs. Stow
ail's lands, known as the Hempstead
plains. The buildings, when completed, nre
to bo conveyed to tho use forever of tho
Protestant lCpiscopal church of the diocese
of Long Island, or to tho cathedral of tho
Inclination in the diocese of Long Island.
If uny heir heroines pnrlytonny proceeding
to interfere with Iho will, tho p'rovlsion in
the will iu his or her favor to bo cancelled.
The last codicil is dated November 30,
1885. After stilting thnt the cathedral
and St. Paul's school at Garden City 1ms
been completed and endowed, il revokes all
former clauses to the will and codicils
thereto, except that tho trusteo is om
powered at his discretion to build nnd en
dow u semiiiu ry of learning for women as
described iu previous codirils, ami to erect
such other institutions nnd buildings con
nectcd with tho cathedral as mny lie neces
sary. Absolute title to property is in
vested iu tho legatees to convey anil trims
fer property iu ncrordanco with provision
of tlie will and codicil.
Tlir. V.11F.AT SAIlTllOI.nr UTATOG,
It
tut: voxvitwx of ti;a ok.
souk WAsuixarox oossrr,.
voted sflectlon oud loalyty for King Humbert I thought Judge Ivyuch will open court In
of Italy. a few duys.
Third Auditor Williams' report, sent to
tlie secretary of the treasury, shows Ihe
total number of claims, accounts undensos
settled and disposed of durlni! the flsenl
year ending Juno 30, 1880, wns 11,030, in
volving $159,401,824. During the preced
ing fiscal year their number wns 8,010, in
volving $01,578,005. An increitHo of 53
percent is thus shown over 1884-5 iu tho
number of claims, etc., disposed of and
nboiit 74 per cent in Iho money Involved.
From tho nnniinl report of tho second
assistant postinnsler-geueral, A. Leo
Knott, It nppcars Hint the annual rato ol
expendlturefor railroad transportation on
the 30th of June, 1880, was $15 52 ,101,
us ngnlnst $14,758,405 on the 30th ol
June, 1885. Thestiniutes for next yenr
nro $15,807,902, being an increase of only
$272,530 over the appropriation for the
current year.
The sccrotnry of slnte mndo nnotliei
effort on tho 28th to secure further reprieve
ior K. 15. Hproulo, condemned to bo hanged
nt Victoria, li. C. for murder. No reply
wub received, nnd it Is presumed the Can
adiiin authorities, who postponed cxecu
ton three times upon request of tho de
partment of state, will not show further
leniency.
Secretary Manning resumed nctlve con.
trol of the trensury department on the
28th mid Fairchlld will bo relieved of bis
duties ns acting secretary, which ollice he
has held from tho tiuio Manning was taken
sick up to date. Orders have been Issued
to have the treasury mail prenared for the
slsnaturo ot Manning.
The Outlook Here ami 'there i.i liejwrted to
Jtrathtrect.i,
New Yniuc, Oct. 30. Spec'nl telegrams to
Ilradstrect's buow an iinpovcmunt In mer
chandise In C dengo, Ilurlhigtoii and Daven
port, Iowa. At Kansas Cty and New Orleans
reflect on the whole a continuance of the late
check to general trade. While this uppeais
to bo of a seasonab'e character after tho re
cent period of uctlvo trading there la Ihtle hi
sight at the moment to suggest an Immediate
iinprovemc'it, although public confidence in
Its appearance In the near future Is unabated.
Front a number of ohits word conies that
mercantile collections are made with less ease
which Is att lliteil in part to the low prices
of staph) fni in products. At most or tho cities
reporting a better business, cooler wcatl.or
preceded it. Special reports of tlio earnings
of 45 rallruad compaii os dur n j the third week
in October, give u toinl of 4-1,0117,123, iigalnut
?4,M3,191 hi 1685, a ga.11 of two ami one hul.f
I er cent. The western money markets gen
erally continue qultu firm with tho c .rrent ol
luiids still to the west. Tiiedeiimnd for funds
for geueral commercial and ludifttr nl enter
prises ut most of tho larger c t cs coat lines
niaiked. Tlio transactions of the New Yoik
it jck exchangt for the w.'ek were 1,700,153
sbnrcs, nga!n-t2,5'2s,2" hut week. Tho dis
tribution of dry good from eastern centers
hns been noticeably cheek jil, though prices
nre strongly held. The dt maml for raw wool
from the manufacturers is not so largo ns hi
September, though the dec raised demand
from the eastern knitting mills hn caused n 1
weakness yet. Tlio strength recently shown
in roil and st-cl Is fully ma malm d. Ilalus
and frosts in many sections of the cotton re
gion this wet It have not resulted In widespread
damage. Louisv II ruports weather favorublu
for curing tho tobacco cron.
IIKI.I'IXO TIIK WIDOWS,
Tho convention of tho International
Ilrotherhood of Locomotive Kiiclnvershtitd
in New York adjourned after voting $80,
000 for distribution iuuoiil' widows and
orphans o! eiiglnotnv.
ma Finn ix ciiiu.tau.
Chlcngo special: The largo storo build
ing, Nos. 105 to 109 Madison street, wns
completely gutted by flro at 5 a. m. to
day. Tho flro originated iu tho book bind-
Lpry of William Wilson cfc Son, adjoining tho
printing establishment ot Knight it Leon
ord, tho'thrco firms occupying the upper
floors ot the building. Tho ground Moor
was occupied by tho Goodyear Kiibber
company und Salisbury &. Cllne, rubber
dealers. Shortly after tho firemen had
gained control tho top floor foil in with its
weight of printing presses, somo of which
went crushing through to tho basomont.
whom a Inri'e number of men huloiiL'iiii' In
tho Insiinineo patrol and hook and ladder
company wero at work coveting tho goods
with tariiuiibiis. The men were buriod in
tho debris, and nenrly a quarter of mi hour
passew before they were rescued.
A, C. Piipiiicuii, a member of the insur
ance patrol, was found dead. Capt. James
Hunio, August Ueigeu-Mcnke, Patrick Mul
len William Carroll and William Darby, of
t e Insurance patrol, and Udward McUov
ern, of hook and ladder company No. 3,
were seriously injured. Mi-Govern, It is
thought, illl die. The loss from the fire
will bo about $200,000; Insurance about
half.
ci.osisa ix ox 1W1.0.UUA,
Sofia, Oct. 8. At a prlvute meeting at
Tlruovaof deputies belonging to the govern
meiit party It was unanimously decided to ad
here to the governments policy toward llusala.
General Kuulhars bus telegraphed to the re
gency dvlsing the raising of the state of
siege at Sofia uud Varna.
'1 ho Ilukglan coiuul ut Varna threatens to
order the KtwUiis wurahlps to bombard the
town unites the prefect permits tree access of
!(uso-iiulgurlan partisans to the Itus-luii con
euhite or If hu tries to nrcveut tho luudlug of
tailors Irom the warehlps.
The in embers of the lobranlo are nrcnarlnir
to elect 11 riuent to replace KaruvelolL
Hie Itusidnn consuls at Hu-tchuk and Bour
gase liuvu been notified thai Husslau inen-of-
U'lll nr.. t, II, Mil HIIV lt tlw.Ci. lm.l. fn ...4
I..... ..... w. -. ., J W wvfc tu liiuicbl,
Itustlau subjects
f lrnrelled With All the llano nm
Ifoi'i of Such Mannlflcrnt Character.
The unveiling of Bartholin's statue to
liberty took place on Iledloo's island, New
York, on thc2Sth. One hundred thousand
people took part in the festivities. Tho
crowd in Mndison square, when the presi
dent readied the reviewing stand, whs vnst.
The sidewalks were choked witli humanity
and llrondwny wns clogged with vehicles
nnd street-enrs nbove nnd below the inter
section of tho lino of nmrch. When Bar
tholin, the sculptor, nppenred ho was easily
recognized by tho mass, who hnd Been his
portraits on the progrnmmoa nnd iu illus
trated papers, a shout went up from those
nearest theslimd. Tliocry of Hurtholdi,"
''lJarlholdi." wan then caught up on both
tho reviewing und tho grand stnuds.
The formation of the mnrfnc part of tho
parade, began In Hudson river, opposite
West Forty fifth street, at nn early hour,
but owing to tlio foggy weather it was
nearly 1 o'clock before tlio signal gun wns
fired. At that lime there were probably
ono hundred vessels drawn up iu two di
visions. It wns alter 1 o'clock when tlio
signal gun to start wns fired nnd tho col
umn begun its forward movement. The
music that was played while the olllcials
mid guests were nssembling on Bcdloe's
Island was followed by tho signal gun that
announced tlie beginning of tho ceremonies.
Prayer was then offered by tho Iiov. Dr.
Bichard S. Storrs, nnd Count Ferdiinind da
Lesseps then delivered nn address on behalf
of tjio Franco-American Union. Senator
William. M. Uvarts next mndo the prcsen
ta I ion address, which was us follows:
Mr. 1'iesidcut: The scene upon which
this vast assemblage la collected displays iv
transaction in hu'iiim n Hairs which llndsj
no precedent nor rec.rd in tin- past, nor In
the long future, wo feel assured, will it ever
confront its counterpart or parallel. How
can we fitly frame iu words tho sentiments,
tho motives, the emotions which have filled
uud moved the hearts nnd the minds of
two great nations, iu tho birth of the noble
conception, the grand embodiment, tho
complete execution of this stupeuduoim
monument now unveiled to the ailinirlm:
guio of men, and emblazoned iu its corona
tion of the finished woik, witli the plaudits
of tho world. What ornaments of speech,
what, eloquence of human voice, what cost
ly gifts of gold, franklncenso and in.irrh of
our heart's tribute can wo bring iu tlio cole
liration of this consummate triumph, of
gems, of skill, of labor, which speaks to-day
nnd will speak forovcr, the thoughts, the
feelings, the friendship of theso two popu
lous, powerful und free republics, knit to
gether in their pride and joy in tlieir own
established freedom and iu tlieir hope and
purpose Hint tho glad light of liberty tdiall
enlighten tho woild? The genius, the cour
age, tho devotion of spirit, the indomitabls
will of tho great sculptor, Hurtholdi, whoso
well-oarned faiiui justified the trust com
mitted to him, have together wrought out
iu stubborn brnss uud iron the artist's
dream, the uiry conception of his mind,
the shapely sculpture of his cunning hand,
till hem it stands upon its firm base, ns If
a natural playmate of tho elements! fear
ing 110 harm from all tho winds
that blow. As with the French people, so
with our own; the whole means tor tho
great expenditures of tho work luivo como
from free enntrii utlous of the pcoplo them
selves, and thus the common pcoplo ot
both nations may justly point to a greater,
a nobler monument in the history aud pro
gress and wclfnro of tlie human race Hum
emperors, or kings, or governments have
over raised. Tin statue, on the Fourth o!
July, 1881, in Pnris, wns delivered to and
uccepted by thVgovcrnmcnt, by tho author
ity of tho president of the United Slates,
delegated to nnd executed by Minister Mor
ion. To-dny iu tho 11111110 of the citizens of
tlio United States, who hnvo completed the
pedestal nnd raised thereon tlm statue,
and the voluntary committee who hnvo
executed tho will of their follow-cltizons, I
declare, in your presence, und iu the pres
ence of theso distinguished guests from
Franco, and of thia august usncmhhigo ot
honorable nnd honored men ot our land.
and of the countless multitude, that this
pedestal and tho united work of tho two
republics is completed nid surrendered to
tho euro und k cplngot tho government and
pcoplo of the United States.
In accepting tlio statue, President CIoyo
Innd said'
Tho pcoplo of the United States ncccpt
witli gratitddo from their brethren of tho
French republic the grand nnd completed
work of art we here inaugurate. This tokon
of the affection and consideration of tho
people of Franco demonstrates the kinship
of republics und conveys to us tho assur
ance Hint iu our elforls to commend tho
maintained excellence of a government
resting upon the popular will, wo still hnvo
beyond tho American continent a stead
fast ally. Wo are not horo to-dny to bow
hoforo tho representation of a fierce nnd
warlike god, filled with wrath and ven
gennce, but we joyously contemplate our'
own Doity keeping watch and ward hoforo
the open gates of Amoiica, and, grenter
than nil that have been celohrated iu an
cient Troy, instead of grasping in hor
hand the thunderbolts ot terror and ol
death, sho holds uloft tho light which Il
luminates thn way to man's enfranchise
ment. Wo will not forgot Hint Liberty hns
heio made her home. Nor shall her chosen
altar be nogloeted. W lllng votaries will
constantly keep nllvo its lires, und theso
shall gleam upon the shores of our sister
republic in the east, and reflected thenco
Mid, joined with answering rnys, a stream
of light shall plerco the darkness of Ignor
ance and man's oppression, until Liberty
enlightens tho world.
Other speakers followed, nmong them
Louni i;oL,essops, who said:
You nro right, American citizens, to bo
proud of your "fio abend. V In speaking
to you of tho sympathies ot Franco, I know
I express the thought ol all my com
(tat riots, There is no painful or snd
memory bolweon tho two countries, but
one solitary rivalry, that of progress. Wo
uccopt your Inventions, ns you accept
ours, without jealousy. You hnvo men
who dure und persevere. I say I like your
"do abend."
We understand ench other hotter when
we speak this language I feel m.vso't at
homo when I nm with you. Illustrious
descendants of French noliil ty who crossed
the Atlantic 100 years ago, bringing to
you tlio aurora ot your Independence, tho
dovoted co-operation of our national sym
pathies, dreamed of in your destiny. Theso
dreams have been more than realized.
"Old Hundred" wns played by tho band
and Hie assembly joined in singing the
doxology, Tho ceremonies were closed
with the benediction, pronounced bv tht
Itt. Itov. Henry 0. Pott r. D.U.. nssistant
bishop of tho diocese of New York. A
national salute wns th-n fired simultan
eously by all tho butteries iu tho hurbor,
aflout and ashore.
this anmiAX xavx',
nciiUS', Nov. 2. Tho rullwnys' budget sub
mitted to the hiindesruth shows receipts, 45, -237.WJ
marks, or 2, 1&3.030 marks less than ia
ISM. The memorandum ulllxcd to tho nevr
naval budget iilllrms the uecessarv Increase of
the number of torpedo boats to guard tho dlf
fa cut river mouths. It Is proposed, 011 the
completion or tlm Baltic, aud North Sea canal
to place six gunboats Iu tlio river F.lbe aud
f ur to guard the other stations. Henceforth
10,OOU,00J mark uM lie required yearly to
mulutulu un eflcctlvo nary.
MUitsiiinis issvnousTH nusr,
IU.nuoon, Oct- 29. The Insurgents havoset
lire to tho rulni of Minhalla and sent large
burning boats dowu tho river.