Omaha daily bee. (Omaha [Neb.]) 187?-1922, May 07, 1884, Image 1

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    THE OMAHA DAII BEE- ' * .
THIRTEENTH YEAR. OMAHA , NEB. WEDNESDAY MORNING , MA7 , 1884. NO. 278
OOLLOSAL CBASH ,
The Marine Bant , a Prominent
York Miration , Fails ,
Too Muoli Speculation in Eea
Estate and Stocks tko OUUBO ,
The House of Grant & Wan
Goes Down in the Crash !
General Grant the Senior Mom1
ber of the Latter House.
His Share of the Loss About i
Quarter of a Million ,
Loner Island Oity Loses Everi
Cent of Its Funds ,
Which Were all Deposited in th
Marine Bank ,
A Few OlHnr KundH Involved , bit
New York ItaukH Imcklly Safe.
COLLAPSED.
THE MAUINK BANK OF NEW YORK.
NEW YOUK , May 5. The Marino Nt
tionnl ban 1' haa closed. J. 1) . Fish i
president of the bank. A your ago th
bank purchased Booth's theatre. Th
Clearing housa is considering th
suspension. It is thought the failure i
a bud ono.
The capital of the Marino lunk i
$ 100,000. Its statements April 22n
last , showed a surplus of $02,340.
A visit to the bank discovered eom
fifty disconsolate depositors standing i
the pouring rain around the closed door :
No admittance was given reporters ; n
notice was posted on the door. The ban
was open at the usual time this moruin
butbeforenoon closed abruptly withouta :
signing a cause. Thostockmarkotwaa vor
active and there seemed to be some coi
noction between the failure and conditio
of affairs on the stock exchange. Th
depositors , judging from the appearance
of those about the building , pro of th
well to do class. An explanation is premised
isod for the afternoon , Grant aud War
are announced as closing an account c
the failure of the Marine bank.
The association press reporter visile
the clearing house , endeavoring to ol
taminformationfrommanaRorCamp.Tht
oflisial only saya the clearing house con
mittco is in session and nothing will b
given the public until it has concluded n
examination of the accounts of the banl
It is said in the street that the bank
downfall is duo to real estate transaction
.of President Fish. Sometime ago 1 :
bought Booth's theatre and is now cor
verting it into etoros , He is al ;
inUuxbtod in apartment houses. An ofl
car of the bank was asked whether { Fish
speculations had caused | the uuspei
BIOU ; whether the bank had boon doic
business with Brooks so that it lo
money. He refused to answer. It
believed the failure is duo to a little i
both.
both.NEW YOHK , May 0. The Pont sayj
The suspension of the Marino nation
bank was announced a little after 11 th
morning. The immediate cause of tl
failure waa the banks inability to nip
its debts , about § 500,000 , at the cloarii
house this morning. The causa lying b
hind this in preauhiod to be the real e
tate operations of President James 1
Fish during the list year or two. Wit
in that iimo ho bought Booth's theat
and the Casino , and has also recant
been building a largo apartment buildin
the "Mystic , " on yOth street. The roco
atructiou of Booth's theatre and tl
building of the "Mystic" has taken
great deal of money which ho borrowi
from .ho bank.
Fish is second vioo president of the &
Louis & San Francisco railroad , and tl
Marino Bank is the registration ollico
that stock. It is lot presumed that th
connection had anything to do with tl
bank's embarrassment , though it is unde
stood BO mo connection with either tl
Ontario & Western and West Shore bni
manipulators may have had some infl
once , though probably only secondary
the real estate operations of the pro :
dogt. A few minutes after ten o oloi
a gentleman made a deposit at the M
rino National bank and as ho wont o
was followed to the door by .tho bat
porter who began rolling dowa the ir (
shutters.
THE DEl'OSlTOll KAN BACK
to Gnd the receiving teller had shut 1
window and gone out of business for i
indefinite period. The paying teller w
eti'.l moro conspicuous by his absenc
and the depositor had the consolation
ttandingon the stops of the bank-for tl
next hour and telling his experience to
crewd of excited depositors who gather
At the corner of Wall street and Pet
within an incredibly ehort time after tl
failure of the bank waa announced ,
LONG IHLAND Cinf's LOSS.
.NEW Yoiu : , May C. Long Island ci
made the Marine bank its depositor
All its funds are there , andif , the bai
remains closed the city will bccoc
bankrupt. No bank in New York seoi
the least invoked or ombaraEsed by ti
failure , The executive committee of tl
associttod ban La held a mooting tl
afternoon at the .clearing house , and
the closa of the mooting it was announci
that it was decided to drop the Marti
bank from the association and cut it i
from all further privileges of the Oloa
ing house. Manager Camp aid the b :
anuo duo tko Clearing house yeaterdi
from the bank was 555,000 , aud th
Bum had all boon p id up by the bar.
bcforo tbo rumor of its suspension hi
reached the street. It waa decided al
to call epecial mooting of the whole a
gicintion to morrow to farther considi
the matter of the relations of the Marii
bunk to the Clearing houso. The bai
directors were in ncsaion all lha afte
noon. President Fieh was not preset :
They claim the bank it solvent tand w
ItESUMB IN A TKVf DAYS.
Vice president El well said the trout
was all brought abont by the dealing
the bank with the firm of Grant & War
In Monday the cashier of the bank waa
uthomcd to csrtify the checks of Grant
: Ward to the amount cf S7CO.OOO , it be-
ig understood the firm would deposit
ull'iciont security in the morning to cover
ho indebtedness. They failed to make
heir deposit tills morning , so when the
hecks were presented at the clearing
louse there wns nothing to moot thorn
with in the bank. The account showed
ho bank owed a balance of § 550,000 to
ho clearing house but this was reduced
M $339,000 by the discovery that there
were among the chocks ptoiontcd over
$200,000 in uncertified chocks of Giant
fc Ward. The bank then made payment
1 $210,000 in cash and the lomiundor in
aluablo securities , thus
JlbCltAUOlNO ITS ENT1HB INDEIIIEDNK'-S
The surplus of b ink over and above
real estate is $250,000 , and there are no
other outstanding liabilities. Fish must
mvo lost his liend completely. At the
jflico of Grant & Ward , no members of
ho firm could bo found. Thn broker of
ho firm said ho , was authorized to state
ho losses of the firm would bo something
> otwcon $500,000 and $800,000 , and
, heir liabilities being unsecured , the firm
was obliged to suspend business. Ech
of the four partners had a quarter inter-
oat in the firm to the extent of $100,000
oach.
( IKNEItAI , QHANX.
would bo liable for two shares , the losace
of which would probably bo about § 210-
000. General Grant w.ia in the office
during a part of the day , but refused tc
make any statement whatever in regard
, o the alFairs of the firm. It has long
) ocn known that Fish is ono of the jar-
; cst operations in real estate in the city ,
tie is the owner of the Booth's theatre
jroporty , the rebuilding of which had
just , been completed , "Tho Mystic" fleati
in 3th ! ) St. and Broadway , and the Cas
no , the handsomest theatre in the coun
ry. Ferdinand Wood , who has been en
gaged in real estate speculations will
Fish , was once clerk in the produce ox.
change , but became wealthy dealing in
lorduco exchange certificates.
OTIIBH FAIIiUKES.
A LOUISVILLE FLOUIUNd FIHM ASSIGNS.
LOUISVILLE , May C. Bollard & Bai.
nrd , proprietors of a largo flouring mil
lore , will make an assignment. Theii
{ abilities are $100,000 to $150,000. Th (
irm started in business four years age
and have been running their mills at :
08B nearly over since. The mill and
irands of flour are among the besi
mown in the country. The principa
creditors are local banks- Eighty poi
cent , of the liabilities are covered bj
assets.
FOUIJ SUICIDES.
Ono ol * the Slayers of JOSBO Jamci
Puts a Bullet in His Own Heart.
Special Dispatch to THE BEE.
KANSAS CITY , May G. Robert Ford
the slayer of Jesse James , received :
telegram to-day from Richmond , Mo.
that his brother Charles had committee
suicide at that place. Ho has been ii
bad health for a long time , aufferinj
from consumption , and thin , togethe
with' remorse for hio share in the affair o
two years ago , is thought to bo the causi
of his act. .
Ho committed the deed with a si :
chambered weapon , carrying a 32 ball
The shot penetrated the heart , am
death occurred immediately. Ho hoi
been despondent for several days and th
result is not altogether a surprise to hi
friends , who knew that his trouble wa
weighing upon hia mind.
Charles Ford was the older of the twi
brothers , and waa born in Richmond
Clay county , Mo. , twenty-six years ago
He was raised on a farm with his broth
er. But little is known of his lifo. H
entered into the Critteudon bargain wit !
his brother two years ago , and stood wit !
cocked revolver ready to finish the ban
dit , if Bob's bullet had not done BO.
ST. Louis Mo. , May G. PoatDispatcl
from Richmond , Mo. says : Ohas
Ford , brother of Bob Ford , slayer o
Jesse James , shot himself through tin
heart thfs morning dying instantly. N <
causois assigned.
RICHMOND , Mo. , May G. The suiciil
of Charles Ford created quite a stir i
this community. Ho was stopping tcm
porarily at his father's near town. Earl
this afternoon ho wont to hit room , an
soon after wan found lying in bed with
bullet through his heart , and a 45-calibr
pistol beside him. There are seven
theories as to the cause of the anicido-
rrtinorse , ill-health , the apprehension the
Frank James would soon bo at libort
end revenge Jesse's death. The coronc
found the deceased a habitual morphin
pater. He left no letter. Ho appcarc
in 1m usual spirits this morning.
SHARON'S SHAME.
How -Swali Althca Changed lie
Handwriting to Suit llio
Suit.
SAN FRANCISCO , May G. Expert Hydi
who had for several days the celebrate
Sharon-Hill marriage contract unuur
microscopic examination , testified to-da
that ho had discovered that said plaintiff
handwriting in the contract differed froi
her writing in other exhibits. Sovontec
words in the contract had been change
scratched or re-written. In ono pla
the word "of" had been changed int
"wife" . The ink usol in re-writing dil
fered from the original int. The in
used in the words "William Sharon" an
"Nevada" waa not the aame used i
writing the document. The plaint !
previously testified that aho wrote tli
document in Sharon's ofiico at his dicti
tiouatid he signed it immediately attoi
warda.
Jla.no Ball Yew tor day.
At Providence No game on accour
of rain.
At Now York No game on account <
rain.
rain.At
At Boston Bostons , 2 ; Buffdlos , 3.
_ At Cincinnati Cincinnati * and It
dianapolia ; called at the sixth inning o
account of rain. No runs had boon mad <
At PitUburg Metropolitans and A
loghonys ; postponed on account of rain.
No License.
Special to the DCS.
WUNEK , May C. The town board <
WUuer bai decided against license for i
loons.
DECAPITATED.
lorrisoL'j ' Tariff Bills Heels an Iguc-
minions Hnd ,
! ho Enacting Olauso Striokon Out
by 166 to 152 ,
On tlio Motion of Mr , Converse ,
Democrat , of Ohio ,
Sir , Kandall's Lengthy 'Argu
ment Against the Bill ,
Slesars , Blaokburn and Morrison
Strive to Save It ,
A Tremendous Jam of People in
Attendance ,
Honverso's ' Action Greeted With
Storms of Hisses ,
O tli National and I'nlltlcnl Matter ;
at WnHlittij'toii uiul Klsowlicrr.
FORTY-EIGHTH CONtfUKSS.
HOUSE.
The morning hour was dispensed with
and the house wont into committee o
; ho -whole ( Mr. Cox , dom. , N. Y. , in tin
chair ) on tno tariff bill.
Mr. Brown ( dem. , Pa. ) spoke in sup
port of the prptectivo system of taxation
Mr. Townsend ( dom , III. ) quoted fron
various platforms of dotnocratio nationa
conventions to show that the party ho (
always boon in favor of tariff reform ant
always declared for a revenue tar ill'
some gentlemen repudiated the torn
"protection" and took refugn behind th <
term "discrimination. " If the discrimi
lotion wore boiled down it would bi
: pund to bo the quintessence of protoc
ion. Kit waa not the proper tune tc
jegin the work of tariff reduction , whet
a presidential election waa coming on
and people could record their votoa 01
; ho question , when would the propc
; imo bo )
Mr. Randall ( dom. , Pa. ) then took ( he
leer in opposition to the bill. Hi
opened by citing the extreme quicknoai
with which capital invested in largo in
duutrial establishments took alarm
While in common with all other interest !
it was liable to bo called on far taxatioi
to aid in the support of the government
Congress owed it to itself that nothinj
like a vindictive policy should bo adopt
ed. In the nice adjustment of busiucs
affairs gthora was nothing moro condu
cive to success than stability. If ther
waa stability it was a sure foundation fo
confidence , and na a natural result cap !
tal and labor moved forward in their respective
spectivo spheres in contentment and ii
accordance with mutual profit. To judg
from the intemperate language and exaggerated
aggorated rhetoric which had so frc
quontly marked the debate , itvoul
seem as if those engaged in industtia
purnuits wore robbers and outlaws. A
A matter of fact they were nothing of th
sort. They were a part ( and no ruea :
part ) of the business of the country , am
had boon united under the law to engag
in those employments , and therefore , i
for no other reason than that they wor
entitled to the protection of the law
they were part of our resources as a na
tion , and tc develop these resources wa
the test of true statesmanship
Ho rejoiced in th
growth and prosperity of over ;
section of the country , If the dcnuncia
tiuna of the advocates of the bill were t
bo believed , the men who had built u
our manufactories had committed th
unpardonable sin. Ho could aoo goo
reason why England should think so bu
not why such should bo the feeling of an
citizen of the United States. Gruut Brii
iau had never ceased to deplore the los
her American colonies. She had strncl
as she thought , a deadly blow in 1811
and during our late civil war had don
her best to sunder the two sectioni
Sinca that time oho had changed her pal
cy , and instead of force , resorted to pe :
suasion and advice. She eked out of th
lion's skin with that of the fox. Tli
United States should remember the trait
ing to "fear the Greeks oven when brtij
ing gifts. "
lie then want on to argue against tl ;
policy of unsettling the business intores
by constantly tinkering with the tarif
Should no law last longer than the meo
ing of the next congrcae ? Should
meeting of congress cause fear , and i
adjournmentcauso enjoyment ? Shoul
nothing bo settled for a time at leas
should doubt and mistrust haunt tli
working and sleeping hours of the pei
pie ? For ono , ho was emphatically 01
posed to any such suicidal policy. J
would ba madneas for any party , to pu :
sue it. It was submitted to every man
ber's judgment to apply the heroic ren
edy to this bill or to lot it linger out
sickly existence , bearing initi wako bu
iuess confusion and general bankruptcy
It was not based on any sound principli
There had been apologies for it , but r
defense. It wai guessed it might roduc
the aurplua revenue , but nobody pn
tended to speak with certainty. Thei
waa no attempt for adjustment of the tai
iff. lUlicod u way rock legs ofjtho injury
might do certain interests and industrii
as well aa to the rovenuo. It waa HI
the famous bed ot the old robber ; if
man wai too small , ho wns stretched 01
toils inexorable length ; if too long , 1
wai cut down to fit it. It was a thing i
measurement and neb a wiio scheme i
reduction. A horizontal reduction oflfo
pd no remedy ; on the contrary it mac
woiso what was bad before ; it waa a pa
pjble confesaion of the inability to hand
thin intricate problem at issue , or elao
rash eagerness to do what waa at otico ui
called for , unwise und unfortunate ,
appeared to bo agitation only for aako <
agitation always & miatako. It wa tl
clear dictate of common 8 nse , to hai
waited until the effect of the last tar
bill could have boon learned , and tin
have saved from all the passion and tu
bulautu of the presidential election ,
question in which the public welfare w <
to deeply concerned , and which , if pose
> lo , should never bo made a purely par-
san issue.
This 20 per , cont. reduction was
ot so dangerous for what it did as foi
what it promised. In thia regard Ihort
was no room for conjecture. It wiw pro'
loimod to bo a firm ilrst atop toward free
rado. Lot gentlemen consider wha'
: eo trade , BO called , meant. It incmit o
hango of the whole scheme of collecting
lie rovenuo. The people had boconu
ccuslomcd to an export duty. It had
irovon the safest and best method ol
axatiou. It caused no friction or com'
larativoly little. All this was to be
llshcd and the internal war taxes be
oullnucd. Was that the people's wishl
! ho old confederation relied on direct
nxation , and it was a failuro. Tiio fa
lters' government sought nftigo in a dif-
oront nystcm and the result was moro n
lerfect union in order to provide for the
onimon defence and general welfare ,
'ho bill bore a captivating caption and
vaa doubtlcas intended to bo captivntino ; ,
t did not abolish wur taxes , for if it dtil
t would repeal the internal revenue taxes
f thoao taxes were abolished there woultl
jo no internal ipvonuo and the ndminis
ration of public affairs would bo rui
iroperly and well. The nurplua rovctuu
or this current year would bu about $00 ,
lOO.OOO. The housa waa invited hero U
hooao between "tho firm first stop to
vard free trade , " or to wait to reforn
arilF until euch a time as the democrat ! '
mrty should frame i\ bill _ on the princi
's expressed in the Ohio platform.
Ho had , ho satd , no difficulty in choos
ng between the two lines of public policy
.ml ho chose for his own pcopln and hi
own country. Ho did this in the full us
auranco that frco trade would bring noth
ng but disaster and ruin ; while the prin
cipal cxprctsion in the Ohio clccltxrutioi
would bring prosperity , Iiappinoss , and ;
higher order of civilization. Would i
: iot bo wiser to defer the considcrrxtioi
of so important a qucstiou until th
country had passed through the excite
raont of the presidential struggle , uuti
some information could bo tocurcd as <
, ho working of the tariff bill of 1882
Tli en a real reform mcasuro could b
adopted which would remain undisturbei
'or years and would bo safe , steady au <
inivorsally accepted. Then buaincs
ntoresta would have time to adapt themselves
solves to whatever change might occur.
Though this subject ought not to involve
volvo any question of party allegiance , i
will bo well to consider how far its agi
Ation might advance or retard the marc ]
, o victory of the great democratic party
rho southern states alone were made
quato to succear , and -which of tbo no'th
o'n states waa likely to accept the nov
diiponsation ? Ho would speak plain ! ;
and utter his fcara oven in the preaenc
of his political enemies Take the fou
treat states of Connecticut , Now York
tfuw Jersey and Pennsylvania. Th
census showed that inoro thai
1,100,000 were engaged in manufac
.urea in these four great dommonwoalthc
Did the gentlemen bcliova that a rcduc
; ion of wages w'as a potent factor in wio
ning the support of thceo people , and ce
socially when the republican orator :
sacked by a powerful pr/jss / , would thur
der in their ears thur the democrats
party had been the trwii caujo pf thc
reduction , Ho twigged { He goutronicn t
ponder those thtnga j > " 4 ( not lightly dii
miss thorn. ' * Thia waa certain , the
would not act without a warning , and i
was kindly meant , but not loss emp'm '
Ically aa it sprang from his deep convii
tion of its truth. If , however , the inej
ornble logio of ovcnta should demonstrat
liis apprehensions to bo groundless , thoi
would bo no ono more willing to acknowl
edge his errqr , and rejoice that hia ossc
ciates had been right.
But to him it seemed inevitable that th
action of the committee of ways am
means would fall a little short of publi
condemnation. Ho deplored that sue
an illadviscd atop should bo taken , as th
triumphs of the democratic party woi
dear to him , and ho had sought them ai
dontly and eagerly for nearly a quartc
of a century. If disaster come ho , t
least , would have the consolation <
knowing it waa led to defeat by otht
advice than hia. Theorists might figl
for impossible doctrines , but ho know b
exparionco how futile in government wi
mere theory , how valuable was comma
Dense. Ho believed in that which he
stood the strain long , nor could ho bo o :
pected to yield it for something impost
bio nnd impracticable. ( Applause. )
Mr. Blackburn spoke in favor of tl
bill , and Mr. Kasson closed the doba
against the bill.
Mr. Morrison closed in the debate f
the bill with A rapid review of the o'
jections made to the bill , and equal
rapid und brief answers to these objc
lions. Should the motion to strike 01
the enacting clause bo aufeod to , it wou
bo a declaration that tariff taxation'wou
bo continued , and the democrat
party would appeal to congrc < 8 and
the people , and the people would so u
deistand it. Ho loforred to the /a
that democrats from Iowa , Wisconsii
Michigan and California had boon elec
od on tariff reform platforms , and o
pressed the fear that if the bill was d
feated they would bo 4ucooeded I
' Paso , Burrows , Hazelton and My Da
Hubbell. "
He then turned to Randall and sai
"You claim to have the power to atril
out the enacting clause of thia bill ,
you have that power , you have the paw
to amend this bill and make it what
should be. [ Loud applause on the dot
ocratio side. ]
After a few moro cursory remarks i
the general subject of tariff reform , Me
rain's time expired.
A murmor of expectancy ran throui
the ranks of both aides aa the chairmj
directed the clerk to road tko bill.
The audience which throughout ti
day crowded the galleries almost to m
fpcation hushed their hum of convcra
tion and watched with intense intercut.
As the clerk began Mr. Converse Ii
his seat in the last row of ecuts n
walked down to the bar of the lieu !
stood norvounly fingering a piece of \
per which ho hold in hia hand. Wh
the reading of the first paragraph
completed there w 3 an embarrass !
pause. '
Convoreo was engaged in earnest cc
veraation with Hunt aud did not appt
to know that all oy a were fixed up
him , and Mr. ICaason fearful that t
time for a motion to strike out would
pirp , before Convcrao's attention was ,
traded , rose and enquired of the oh
whether the proper time had coino
make thq motion , and before the ch
could respond , Convene , pushing to t
front , moved to strike out the onacti
olauao ,
This was the signal for a volley of h
8f a and groans from the democratic sidr ,
nnd rounds of Applause from the ropub-
hVan dido. The acono waa ono of intunao
excitement and confusion , aided by loud
cheers of approval nnd disapproval.
Tellers being ordered , Converse nnd
Morrison were appointed by the chair.
Before taking hia place Morrison called
t-i the clerk of the hoitao "to ace that no
Lunned scoundrel who is paired goca bo *
U-oon the tollers. " The first man to
| uss through in the negative waa llongnn
uj Texas , who hnd been brought p on
nu invalid chair. Ho wna heartily np-
plnudnd by hia friends.
The negative vote wa * announced ns
1C1 and Goo. D.WIso , . ) voted in the
nlllrmntivo , making the vote otand ICG to
151.
151.Chror
Chror followed chcor from the republi
can side , which were taken up by thn
galleries and reverberated from every
nook nnd cranny. Ladies atood up nnd
wnvcd their handkerchiefs and men their
ha .
Mmrison , yielding gracefully to the in
evitable , walked Bmilinyly to hia sent , nnd
the tnritfbill wna dead.
On Converse's motion , the committee
rpo and the chairman reported its ac
tion to the houso.
The speaker stated thnt the question
had been on the enacting cause. Agreed
to , ayes 15 ! ) , nays 155.
SAMMY CI3KTAIN.
TO 11K .NOMINATED I1Y TUK lll'.MODHAUY.
CHICAGO , May 0. .Iiidgo George W.
Cathran , an intimate friend of Tiltlou'a ,
who has just returned from n vi it to the
Sacjo of Urnmorcy park , onys : Tildoi
will bo nominated by ncclaination. Thort
ii no doubt it. Now York ia solid foi
hint , . The delegates will vote as n unit
Illinois is the same. Morrison , nlthougl
mentioned for the place , would , undoubt
odlly vote for Tilden. The talk about
his great infirmity ia nil nonsense. Hi
in an old man nnd rather fcoblo. Thn
ia the moat noticeable feature , nnd thai
is moro disagreeable than dangerous
His health and appetite are excellent.
"How ia the fooling in other stale ;
about him ? "
"Enthusiastic. His nomination i :
sure. "
"Who will bo with him on the ticket ? '
"A western man , Ho will como fron
Illinois , Indiana , Ohio or Wisconsin. "
WASHINGTON NOTES.
THE TUADE DOMjAll.
WASHINGTON , May G. At a mcutinj
of the senate committee on finance ni
agreement was reached that the trade dollar
lar bill should bo reported adversely bu
not until after another meeting ot th
committee. In the meantime Sonata
Sherman will draw up an adverse rcpor
which will bo passed upon by committc
next week.
AMUHIOA'S MEDICINE MK.V.
Annual Session ot the National Asc
WASHINGTON , May 8. The America
Medical Association convened in annul
session this morning"nf the Congregation
ol church. The delegates arrived i
such numbers that previous to the hoi :
of the meeting the vestibule-of thochurc
and entrance wore crowded with a lor
line of members waiting to bo repistorcc
Over fivp hundred delegates had regis
tercd thia morning nnd now nainca wor
constantly added to tbo list.
The chairman of the Washington com
mittco of arrangements called the nsso
ciatlon to order in a brief speech. Afte
prayer he introduced Dr. Austin Flint o
Now York , president of the asaociatlon
Dra. J. H. Trumbull , Ohio ; J. A
Marshall , Mafa. ; Garlick , Racine , Wig.
and all other members of the modictd BI.
ciety of the District of Columbia \ \ tr
made members of the Association by n
vitation.
President Flint then began his an
nunl address. Ho thought that the tim
devoted in colleges to Greek and Lati
might moro profitably bo devoted to th
study of physics , chemistry , French an
German , The overcrowding of the pn
fesaion by now aspirants waa attribute
to the excessive number of medical co
logea. The profession must rely upo
itself to correct such evils by refusing I
accept auch students and by declining I
sanction doubtful institutions.
The speaker suggested that the con
tnittoo on education bo appointed to coi
for with the faculties of pchoola and co
Ipgos in order to ecouro uniformity i
standard requitomonta for matriculatic
and graduation. Ho also suggested th
the title ' 'M. D. " bo made simply hone
ary and that it entitle a person to pra
lice ; that a resolution bo adopted apec
fying with moro prcciaiou the groum
for refusing co-operation with irregul
practitionera , assuming that a ecctarii
name ought to place a practitioner out *
the palo of the medical code. ( A
plattao )
Dr. Sayro , of Now York , moved that
committee bo appointed to car
out the recommendation that the intt
national medical conference bo asked
meet hero in 1887.
The president's address was referred
a committee of aovon. Adjourned un
tomorrow.
A OHUnOti HOUKOK.
A Coloro.d Mcthodlit KtllUco GIv
Way Several Fatalities.
MCKINNKY , Texas , May 0 , Durinj
largely attended mooting at the Moth
dist church ( colored ) last night , tl
fonndation gave away. The church w
thrown violently to the ground nnd t
lights extinguished. Two lamps cxp !
dud , scattering the burning oil over t
congregation. Ono colored woman w
burned to death , another had all Ii
clothing burned off nnd will die. Bovoi
others were badly burned. A panic pi
vailed , and the entire town turned 01
thinking * a negro uprising had occurrc
Recent rains undermined the fount
tiona.
ir Ileil Illvcr HlHlriKi
11 BiiiiKVKi'oitT , May G. There waa
rue of three feet and ono inch in 11
river , in the 48 hours ending at m
night , and still rising , A heavy rise
reported abovo. Heavier llooda tl :
those of February are anticipated.
An Upholwteiy Hiispenslon.
NEW YOHK , M y G. Hrnry T. H
& Co. , upholstery dolors , have assign
Preferences 8D7.0CU ,
SENSITIVE CEREALS ,
Wheat in Chicago Drops on the Hews
of iho New York Failnrcs ,
Notwithstanding the Visible Sup
ply Shows a Dooroasot
Oorn and Oats Follow Wheat in
the Doprooiation
The Oattlo Trade Aotivo and
Prices Stronger ,
Dressed Beef Dealers Buying a
Lot of Neat Stook ,
Ten Car Ijonds of Nol rnnUa
Urine $ ( I.:17 : 1-2.
OHIOAOo MAKKHTS ,
A HAl'Il ) nr.OUNn.
Special Dlnp-itch to Tits IJaE ,
OIIIOAUO , May 0. The markets nindt
a show of great strength nt the opening
thia morning , but Inter in the dny , undoi
the inllnonce pf the reports ui the failure :
ut the east a rnpid decline sot in , niu
wheitt ntul corn sold off aharply from to ]
prices , Wheat cloaod 1J lower for Jnno
J for July than the cloaing on 'chnngi
yoatordny , and declined | in addition
On the nftornooa call board wheat opened
od Aj higher than closing on call yea
t onlay afternoon , ndvnnccd } addition
declined j , then oQ' 101J mete , on thi
report of the Marine Dank failure , rnllioc
® J , then reports were received of tin
tailuro of a Wall street house , whicl
turned the tide ngain downward , price :
declining about J. On the allowing madi
by visible supply , priceri rallied A , weak
oncd again , rallied , but ngain bocnnu
weak , declining in all 2J for Juno , 2g fo :
July , closing 1 j lower Junoj J bwo
July , than yesterday. The viaiblo aup
ply showed a decrease of 1,600,001
bushels , which makes the total leas thai
ut Iho similar period ono year ago. Mir
closed 92il ; Juno ! )3& ) ; July UOjj. Oi
call aalea 1,1)00,000 ) bualiola Juno , closin ;
CtHN
was fairly active nnd unsettled
opened n shade higher , ndvanced \
to 50 uvor the opening figures , decliim
Ic to o in sympathy with whent , iltictu
ntcd nnd closed ) a lower than yesterday
The viaiblo supply showed n docron'o c
1,495,000 bushels. May closed GSjo t
Jo , Juno Cjic , July 7 3. 0i : call sale
were 500 000 bushels , May advaucin
to C4J. Other options were steady an
unchanged.
OATH
closed a shade under ycatctday. 1NTr
at31J : Juno , 33J ; July , 31i ; year 27
Ono cull snlos vrero 850,000. May d
clincd i , Juno and July declined J ,
MKSS roni ; WA5 FAJULY ACTIVE.
It opoiu'd 5c higher , receded 10@H
rallied 2iQ5 nnd closed steady Jut
closed 17 CO. .luly 17 CO. ( ( ncnllsal !
wore 12 50. July declined 2A ,
LAIU > WAS FAMILY AC1IVE AND FIRM.
Juno closed 857 * , July 8 07J. On oV
sales were 12 GO at unchanged price.
CATTLE TKADE.
Active , nnd priced were gonenill
stronger on fair to good sort of cattli
The quality won only fair , considerably bi
low the average of last week. Stockri
and feeders continue light , and the di
mand ia nlao limited , especially for ligl
and little thihga. Drrssod buuf dualoi
were buying a good many of the ni <
handy steora of 'JUO and upwards. Got
to choice shipping , 1200 to 1350 , B 80 1
G 30 ; common to medium ; 1000 to 12 (
Ibs , § 5 85 to 85 75.
H1IIIK11.
Ton lends of Nobrncka sheep avorngit
118 Ibs , sold nt $0 37 .
THK U. 1 , I'KOJC OV
Ames anil Dillon Deny Solllnfc At
I toolc or Luto.
BOHTON , May G. The Trnnccript Ka
of the statement that Fred S. Ames in
President , Dillon had sold thair Unii
Parifio stock : "Wo can say positive
Ames haa not sold a sh.iro of Union F
citio for himself or family for three yen
naat. There were sent from Now Yo
last week 075 shares and 740 sharoa v > c
received there , making a not loss of 2
aharrs. Dillon has been Iho large
holder of Union Pacific nnd h i boon i
creasing his holdings until latuly , win
ho was obliged to turn his ( hip. I
now , according to the boat adviujs , hoi
25,000 aharo nnd will continue to he
them " The snmo paper aays : "T
question of thn July dividend haa n
been considered by either the ozocuti
committee or the directors , nor will it
o . for some weeks. The Union Pacific c
divide its .surplus earnings amount !
now to moro than 13 per cont. on
shnra capital. Without the cantravc
tion of any statute and before July i
rivca from Iho present outlook , the co
any ! will have made its earnings appli
blo to dividends. "
Ttiu Toledo , Cincinnati & St. Lout
BOSTON , Mass , May 0. The bondbo
era of the St. Louis division of the To
do , Cincinnati 8t. Louis railroad ,
day dtsouaied informally Austin Oorbii
propoaed plan of reorganization , and i
pointed a committee consisting of Goo :
N. Smalley , Jonathan D ( right , Weat
Lewis , S.unuol Athorton , and J.
Waira , to represent 'the bondholders
the Ht. Louis division with full powi
of attorney in preparing papers for t
Denatures of the bondholder ! , and con
with the present committee represent !
the main line bondholders with Aus
Oorbin.
l'r ycr ,
NiW ; YOHK , May G. The Natto
Woman's Chriatian Temperance Un
BOOH Bond out a ctll to prayer ( in view
the presidential campaign ) in an add :
ti the 'Christian people of Amoric
filing Tueaday , May 27 , as the Ui
10 ich hour haa special subjects assign
it iiio'udiuj ; prayer for pastors i
il. editors that they may lead
people away from dead issues i
toward Mint of national constitutional
amendment prohibiting traffic in intoxN
o.\ting liquorsas n drink , for party lead ,
era ; that their platform may recognize
thia iiiino _ nnd their candidate bo ono
tvhoso lulii13 will | , bo an example to
young men ; also nn omphatto
prayer for Christian voters ,
That their apiritttnl porcentions bo
quickened , their oonsclonsod /
and their homo constituents , i - the
women of their houncholdaj cnt-
cd nt the ballot box , the day to ob > ,
served throughout the nation. P&atora
nro requested to preach on the Sibbath
following , upon , "Uod in the government. '
A Slnmlorcr Choked.
FUI.TOK Mo , Mvy 5 AdviccB from
llalton poatofllco , n small villngn in the
northwoitorn part of thia county , nay
11 am Patterson , n negro , wna taken frdiu
his bed Saturday night lust nnd killed by
a mob. It appears Patterson nnd hia
brother Julius circulated acandaloua ro-
porta nbottt nearly nil the ladica
in that neighborhood , which
urcntly oxasptrated the mcn and eonio
twenty or moro roputnblo citizens took
tlui matter in their own hnnda with the
above roBtilt. Julius Patterson is Tnlso
being nought for nnd if found it is enid ho
will nhnro the fate of his brother limn.
The negroes in the vicinity are greatly
excited nnd nro said to bo tanking thrcata
of vengeance ngainst the whites.
SST F0111310N NEWS.
AKTORY AIIOL'T A IlOVAti SO.N'IN-tAW.
LONDON , Mny ( J. iV Berlin special
snys : The report that Louis , the fourth
Grand Duke of tluasq Darmstadt , son-
in-law of Queen Victoria , has contracted
n morganatic mnrringo with Mndumo
Valomini' , the daughter of Count Adam
Xapaki , divorced wife of n Russian dinlo-
mat. ia caused by misconception. Nev
ertheless , says the Standard , the story is
generally believed in London ,
WHAT IS TUB CONOO AKS001AT1ON ?
linitUN , May G. The North German
Gazette says : Bismarck's organ , com
menting upon the recognition by the
United States of nn African Automation
ot the Congo , aska who nnd what is Una
association ? Ita statutes are not pub
lished. It is not oven known whether it
poesossoa any corporate rights. Who ia
the association in iho oyoa of the law ?
From whom has it acquired its rights.
'PURE ' CREA&1 TARTAR.
Jfaltim oriinyliiJurloimEubsLincc'iCiui bo found
Ju Andrews' PaivlEnldnijPowtlpr. Is 50 * .
' .UolypURE. IlclnKCndurMil.nuiltCFttniontiilit
rrcrH oil iro-.u r..icli chc-.nlf Is aob' . Danix Ildy.i , DOB-
tint : SI. Dclnfontahie , of Chicago ; ou < l Oustayus
Jiouc , illlv\ankcc. Np\crBol < l In built.
. .
MU.C.1MU FW i * n1CaW
SPECIAL SALE OF
Ladies & Gents5
UNDERWEAR
ON TUESDAY ,
Wo offer for rale sumo apscLil bargains in
underwear , comprising
2 Giscs Ia < llo ' Qaazo Vests at 2ta worth Ke ,
2 UUCH LnaCi' liauio VcbtH at GOo mirth 05a
1 C'lso Ladles' Dalbil ran Voita at COo worth lie ,
1 C no lollies' Oaiuo VcsUai 7foa thSl.W.
1 Coxa ladles' French 13ittlK.iu ! Veiti. tl.OO ,
wcith I.St.
I.St.Mens'
Mens' Underwear ,
2 Ca 03 Hun's Hhlrto 2. c , cheap at E5o >
1 Ci ) llcu' Shirts S5c. worth t > "c.
1 Cate Men't Blilrts 60c , worth CJc.
1 Coco MOII'I DalbrlRgun tlilrU 7Co , wo/tli fl 00.
I Case lleu'a I.lslu Tim-ail Fhlrt 4I.C5 worth 81.05
A lot of Ejifllsli llalbrlggari HM.tg wdlth < ! . wo
cloeo the lot at 7Cc each
Mcu'i Jean Drapers ut We. worth die ,
Iteii'a Jean Drawers , nith IJsle 'ihreail Anklcls , R >
Bj Irel Scam Joan Drawers , all elres , Jl.oo a julr ,
WE OAIUIY A FUI.li LINK OF
Men's Linen Drawers.
ALSO FAHOV
BALBRIGGAN SHIRTS &DRAWERS
N , B. FALCONER.
HORSES HiORSES
Qwllrlor Ilntheru Jie Iwtwtcn twi nnJ tbrca
thoutanil heau of Innua forealo , Ainerloni and half-
brvoUH , Will Mil aa they run , In bands or othcrwiM.
to null cuotomtn. 1'rlco I1& and uji * ard > , Abouo
HOO ul tlie.e IIOIMB are from thrcs toflvo year * old
Kuldliifu ; iirlce C30 and upvardi.
I tic fuithet Information addrcai Joc'e ot John
Swlli'cr , Uoiatlla , Oio.
HORSES ! HORSE !
At out SCO head oj mix. d American ana Carruso
alas hortoj for a&Ie , from ono totU j-cujulJ , ahiuJ id
are stddle liomi. I'rlootlS perliouJJorthoentlro
L ° N.'S U ' . ' " " RIn > * " ° * ' ' n r Itforuutloii.
HwltzJer ,
as
'i ' EDWARD KUEHL
'ie.
e. ,
e.d ,
id ney , wL'l , wna tat old al curdlM rplrtu obUiala
lie ) coo KMCV 01 u part and picteiiV wd UM
ad ctuln condition In tna ratun. uvU