n H The Wealth Makers and Lincoln Independent Consolidated. VOL. IX. LINCOLN, NEBR., THURSDAY, JUNE 24, 1897. NO. 5. BARTLEY S CONVICTED Jury Finds Him Guilty of the the Embezzlement of $151,884.45. IS REMANDED TO JAIL. The Most Speedy Conviction of a , Defaulting 8tate Officer Ever Known. Smyth Will Path the Other . The trial of the greatest defaulter known in the history of Nebraska has been fought through one court. Every one known that the cane will be appealed to the supreme court, where it will re quire a couple of years to reach 'it for final decision. The prosecuting attor neys have made an excellent record. Judge Baker performed his duty faith fully. Will the supreme court do as well? The court is republican and would un doubtedly be glad to follow precedent and turn Bartley loose, but with public sentiment so unanimously opposed, it will hardly dare do so. In addition the republican party is losing ground, and the court is anxious to have tbo party iegain the confidence of the people, and will be very guarded in making its decis ion. The prosecution required about five days, when the attorneys for the defense opened their case. The defense in the Bartley trial con sisted principally in objections to the regularity of the proceedings in the trial, of technical objections to the introduc tion of the records of the several state offices, to the introduction of the testi money of the experts employed by the legislative investigating committee, to gether with the introduction of long strings of bank credits and debits in most of the large banks in the state in connection with Hartley's accounts as a private individual, and as treasurer, of the state of Nebraska, caicuia ted to be, wilder and confuse the members of , the jury most of whom are inexperienced in methods of banking and the handling of large sums of money. - The progress of the trial was very slow, The attorneys on many occasions spending two or three hours in the argument of some tecfanjcal and uninteresting point of law or court proceeding. Bartley ,'a , whole aim has been to get error in the record in order that if convicted by the jury he might be able to get a reversal of the case in the sapreme court. An effort was made to show that the bonds, now held as a part of the perma nent school fund purchased from Saun ders and Otoe counties were purchased with money drawn from Bartley's per sonal account instead of, from the ac count of the general fund of the state. But in this they failed as Attorney -General Smyth oncrossexamination showed that the money, apparently Bartley's private account was state money be-1 longing to the state's general fund. Bartley's attorneys then called N. 8. Harwood, president of the First Na tional bank at Lincoln, to tin witness stand. Harwood was friendly to Bart ley and showed no desire to give up any information to assist in convicting him if he could avoid it. It is strange that Bartley's attorneys did not reciprocate and use a little caution and discretion in questioning Mr. Harwood in relation to transactions of the First National bank of which he is president. They seemed to care nothing for Mr. Har wood or bis bank and compelled him to testify to irregularities in his business methods in dealiug with Bartley which will seriously injure his bank. They forced him to testify that he had accept ed state money, a personal certificate of deposit, without making any record of i. i hu UnL.. t t I, V... 1. Tl.. . I L II UUU.II .11 lin UZlUlk. 1 lit, 1 . 1 1 1 1 b in surprise at Mr. Harwood's testimony asked him, "Don't you keep any record iu your bunk of certificates of deposit issued to depositors?" "Vh, ordinarily", replied Mr. Harwood. "Then you mean to say that you made a special exception in favor of Bartley and did not keep any record of the certificate for f 150,000 issued to him?" queried tb court. "I don't think there was any record made," Mr. Harwood replied. In cross exami nation concerning the transaction the prosecuting attorneys asked Mr. Har wood, "If there was uo record in your bunk of this certificate, Mr. Harwood, how was it possible for you to make a report showing th" a sets of your bank? 8upoa National bank esnminer had com along about that time; how could ha have told from the books of your bank the condition of the liabilities of your bank?" But upon the objection of the attorneys for tbsduleii the ques tion was withdrawn. In rebuttal tli attorney general took up the checks which had been Introduced by the defvuMe and traced tits mouey with which they were paid from the ttuUx funds in each cine, using th rvo. ordsot the treasurer's otticw and the various banks with wnlch h had Lad dealing. The Introduction of testimony was concluded Mo ii ibiy mowing, lbs (JtfiiMtiH retmg without introducing nay ttimoay rhuttiug tli state rebuttal. The t'ifuuty Attorney opened tlm tiro rbtitt aud was lollot,d by Mahoney ml VVbulou tor the tleteu and Attor ney General Mu.jrtu tlow vl for tit stale. In hi opening Mr. Bald ridge said ly almost itMVHHJ vote thtMd. ant was railed to occupy ous of!h high t utile In Wis gift o( th ots ul tlt atat tb truaUd auardmiiol its (laaartat later It , Thy gars air their rote and in so doing their confidence and their trust. Tbey put their moneys into his bands and made him the deposi tory of millions of their revenues. What honesty these relations called for, what integrity tbey invoked. The evidence of the case is th story of the betrayal of that trust. The more it is unraveled by bim in his alleged defense the more flag rant the betrayal appears. He reached his band into the public pocket, he drew out money enforced as a tribute to the state from all its people; its source un questioned for as to this be was indiffer ent, taking shamelessly, without the shadow of an excuse or the slightest pre tense of common honesty." Mr. Balridge then showed that under the law passed by the legudatureof 1895 authorizing the drawing of the f 180,000 warrant, all that was required of Mr. Bartley was to transfer that amount of money from the general fund to the school fund of the state, lit pointed out that the scheme of robery wasplanu- ed by Bartley when be authorized the negotiation of the warrant and bad the proceeds placed to the credit of his in dividual account, and that after it was placed to his credit the state never re ceived a dollar of it back. In closing Mr. Baldndge says: "If one puts his hand in your pocket and takes I00 lie is tackled by an of ficer, rushed off to prison, speedily tried, and the door of the penitentiary swings open to receive him. Shall it be less criminal to take 1200,000? Shall we have one law for the rich and influential? What respect can a community have for itself that punishes those who steal f 100 and lets go un whipped of justice those who steal 200,000? Does a crime merge into a virtne as the amount in creases? The very paper used as the instrument of this crime cries out for even-handed justice in this case. Here on its face is the motto of our state in whose sentiment we so much delight. "Equality before the law." Is it to be only a sentiment or shall it be a guide for our actions? Tou cannot clothe crime in the habiliments of respectabil ity and make it a virtue. You cannot surround a criminal with an air of sen timentality and make him a moral hero. A crime is a crime, wheresoever, when soever and by whomsoever committed. Let it not be said that here there is pro tection for the defaulter because of his former wealth or political influence. Let it not be said that a man can flud im munity from punishment here because of the high class of his crime or his former respectability. If you acquit for these reasons you will lay low the msjesty of the law by sued a verdict. You will make her positive and peremptory man dates the idle words ol feeble tongues. You will despoil her of her heretofore acknowledged authority. You will de prive her of that respect which she vol untarily commands from all good citi zens who love-: the peace and well being of lbeir beloved country. "Gentlemen, this is not my case, it is the people's case, it is your case. The, eyes oi tnis state are. upon you, their anxieties are with you, their voice calls to you for justice. I know you will obey your oath your duty, your con science and their voice. My most fer vent prayer to the God of ail juatice and truth is that you may so decide this case as to preserve to yourselves while you live the most delightful of all recol lections, that of acting justly, and to transmit to your children the most precious of all inheritances, the mem ory of your virtue." Mr. Mahoney followed County Attor ney Baldridge. lie stated that the pros ecution had not confined its case to the allegations made in the information. He grew very eloquent in denouncing Mr. Baldridge fos his reference to "the state of the public mind" in regard to the trial, lie then took up the checks and records of the banks and attempted to show that there was no shortage, and with that argument closed his address. Mr. Whedon addressed the jury next for about half an hour. He contended that Bartley had only performed his duty in selling thhe warrant, and that he returned all of the money to the state. He claimed that the state had charged Bartley with the embezzlement of "mon ey" and under that'eharge has attempt ed to prove that he hud embezzled the state's" credit." Mr. Smyth closed for thestate. He traced the entire ense taking the warrant from the time oi Its issue thorugh all of the various banks, and back to the state treasury. He showed how the money had been taken from the general fund to pay the war rant but that the school fund had never been credited with the money. Smyth said that Bartley's story of the case, as told by his witnesses, is made up against and attacks every record in his own ottice made by trusted employes under bis own supervision, lu ths matter of the Otoe county bonds, he told evey month from the time of their purchase to the time of the expiration ol his term of ottice, to the auditor ol ths state, that the money for these bonds came out of ths permanent school fuud, lor every month tins statement eard on his reports to the auditor. As to Mabouey'a claim that Bartley put the money In the First National bank of Lincoln for safe keeping, Smyth said: "that is a pretty story, for ac cording to their own witness Harwood, it was proven that Hartley Invented the money with the bank. This evidence, w re ted aliuo.it by force Irani Harwood, showed that Hartley had commit ted a crime, Im-aus it is contrary to law lor a slat treasurer to inveet slate lund iu any way except the permanent school fuud, "I do not know whether it was Mr. Mahoney or Mr, Wbedoa who said It, but ou H them said il he is guilty of a 0T vmU'itleinent it Is eiiilwiitemeut (rout the 'Niiniit tchool fund and not th uiklutf lund.' W hav not harxd hint with vmbeMtetiieat from th sinking lund. We hart charged him with eiu hcMteuiwttt I ruin ths public money ol the slate ol Nabraok. What a iMi'in is this, that he trie to get out of punish ment for this charge by saying he is not guilty l robbing the sinking fund; but that he has robbed the schoolchildren of the state of the funds a benevolent gov ernment has provided for them." . Mr. Smyth closed with a strong ap peal to the jnry for Bartley's conviction and "by thus doing stamp out the stig ma attaching to the state from the dis honesty of its officials." Attorney General Smyth paid a glow ing tribute to the ex-deputy treasurer under Bartley, U. M. Bartlett. comment ing at length on Mr. Bartlett'a probity in assisting the state in the search for evidence aud te examination into the ex-treasurer's books, where in a thousand ways he might have prevented the state from making out ita case. Mr. Bartlett, he said, acted with equal justice both to Mr. Bartley and the state, and no asper sions can be cast upou Mr. Bartlett for the condition of affairs existing in the state treasury department. THE COURT'S INSTRUCTIONS. Immediately npon tbe conclusion of the argnments Judge Baker read his in structions to tne jury. I hey were twenty -two in number, and covered all tbe law points brought out in the trial of the case. The most important instructions were the wventb, thirteenth, fourteenth, fifteenth and sixteenth as follows: Seventh You are instructed that the defendant could be required to settle with his successor in office, and pay tbe balance in bis hands at the close of his term of office, if any, at the office of the treasurer in Lancaster county, iNetiras ka, and he cannot be convicted in this prosecution for any general shortage, if any, in his settlement withtbis successor, but this prosecution is confined to the charge ol embezzlement of f 201, 884.05 and you must find bim guilty of said embezzlement, or some part thereof, or you should acauit him, Thirteenth You are instructed that if you believe from the evidence that there was a deposit to the credit of the state of Nebraska, in tbe oniana National bank, and that tbe defendant executed a check or instrument, as state, treasurer, directing J. fl. Millard to be paid tbe sum of f 201,884.05 for his own use and benefit, or to bim as representative of tbe Chemical National bank, and that said bank obeyed the directions and charged on its books tbe said money to tbe state of Nebraska and lessened tbe state's credit f 20 1,884.05, such a trans action was au abstracting or taking from the public of the state of Nebraska 1201,884.05, and the jury should con strue the check or instrument merely as the instrument or medium by which the state's money whs transferred from tbe possession of the defendant, as state treasurer, to J. H. Millard la bis indi vidual capacity, or as a representative of tbe Chemical National bank. Fourteenth You are instructed that if you find from tbe evidence that the state warrant issued to tbe defendant, introduced in evidence, was issued to J. S. Bartley, as an individual, and that the defendant disposed of said warrant, or caused it to be done, or secured money or credit for tbe same in bis in dividual capacity, and for bis own use and benefit, or for the use and benefit of any other person or persona, or corpor ation, except for the use and benefit of the state of Nebraska, aud if you further find that the defendant in bis official ca pacity as state treasurer took from tbe publio money belonging to the state of Nebraska, or caused it to be done to pay said warrant, or to reimburse any per son or persons, or corporation for money advanced the defendant, or any other person or corporation, oa said warrant, such taking of public money would constitute embezzlement. Ffteenth If you find from the evidence that the Omaha National bank was a state depository, aud if you further find that the defendant drew a check upon said bank against funds of the state therein deposited to, the credit of the state, aud that said check was de posited at said bank, that would con stitute a taking of public money of the state by the defendant at the bank, whether the defendant was present at the time of the payment of the check or not, nor would it be material whether the check was drawn in favor of the de fendant or not or by whom presented. THESE NO DEFKNSK. Sixteenth You are instructed that l you find from the evidence that the $180, 101.75 deposited in theOmaha National bank wuh checked out by the defendant, aud that the same was placed in the treasury of the state of Nebraska or any part thereof, the defendant owed the state as state treasurer, the amount of mouey so placed in the treasury, such fact if it be a fact; would be no defense to this prosecution. Or if you find from the evidence that the defendant did place the said 1180,101.75 into the treasury of the state, or any part thereof aud in lieu thereof did take from the treasury an amount equal to the amount so placed in tin treasury .that fact, if it be a fact, would constitute no defense to tbis prosecution. Mouey placed in a bank not a Ntate deponitory to the credit ol the state is not putting money iu to the treanury ot the state." The jury retired for deliberation at 0.25 p. in after a trial covering lourteeu days, twelve of which were occupied in the taking of testimony and the argu ment . The jury returned with a verdict the nxt morning (Tuewday) at 10 a. rsi. They lound Hartley guilty as chanted in the third count of ths Information, of converting the money of Hie state to hw own title htildiug the oltic ol lte treaeurt-r, and fUd the amount ol tbeembeiulemeiit alt 15I.NM1.4,V This wss f.Vi.OUO lea than tit amount ol mbculeiiienl charged in the lu forma tion, the jury allowing him cr-l lor th$.V,iKMi drawn by Hartley against his wrKhl ammnt in 'he Omaha N. tioual bank, pay all to his aecouet as tat treasure!, b'h th deleft a bad ealme seat to the Fin t National QUEENVICTORIA'SREIGN Opinions by Three of Ireland's Most Prominent Statesmen. SIXTY TEARS OF HARDSHIP. The Queen has Always Aided ! the Aristocracy of i Englaod. (Coetisiied oa 5th page.) , All England Bejoioes, The celebration of Queen Victoria's jubilee, on the sixtieth anniversary of her reign, has attracted world wide at tention. It was a great calebratlon for those who were favored by the queen aud the royal family. It ' was a great day to those who have lived in England proper but not so much so for some of tbe English colonies that have been forced to create tbe weatlh that bas been centralized in London and other parts of England; lor sbose who earned the wealth that others are today enjoy ing.! The following letters, penned by three of Ireland's most famous states men, serve to show what the feeling is among some of the less favored colonies. ' FROM JOHN DILLON, M, P. Neither the Irish Nationalist members of Parliament nor the Irish people can be in any way parties to the rejoicing over tbe sixtieth year of tbe reign ef Queen Victoria, because the sixty years of tbe queene's reign, have, in Ireland, been marked by poverty, famine, evic tions, wholesale and enforced emigra tion and by savage political persecution. When the queen's reign commenced, Ireland, had 8,000,000 people and Great Britain 17,000,000. Ireland now bas 4, 500,000 and Great Britain 84,000,000. Tbe most fertile portions of Ireland have been swept of a splendid population by cruel laws savagely administered. In tbe county of Tipperary alone, upward of 85,000 bouses have been pulled down during the queen's reign and the popu lation has been reduced from 450,000 to to l?j!000. - " - ' To carry on tbis work of extermina tion an army of 12,000 drilled soldiers under the name of the Royal Irish Con stabulary, is maintained at a cost of 1,500,000 a year and Ireland is to be fitly represented in the jubilee procession by a detachment of this force. During the reign forty-two coercion acts have been paseed, and on the fiftieth anniversary of the coronation of the queen a perpetual coercion act was passed which is still the law and under which all the fundamental safeguards of liberty the right ol free speech, of pub lic meeting, of public association and the right of trial by a jury fairly, struck are placed at tbe mercy of the repre sentatives of the queen's government in Ireland. Throughout these sixty years every man who has won tbe confidence of the people by endeavoring to assert their rights or defend them against outrage bas been made the object of persecution by the government, many thousands have been unjustly imprisoned and many cruelly killed for doing their duty to their country, and to this hour the great body of the Irish nation are denied any voice in 'the government of their own country. ; .; Ireland would deserve universal con tempt if he took any part as a nation in a celebration of the sixty years of Queen Victoria's reign years which have been marked for Great Britain and j her self-governing colonies by marvel ous progress in population, health, public liberty and all that goes to make na tions great, but which have brought to Ireland nothing but poverty, depcpula tiou, industrial decay, brutal political tyranny and rebellion. John Dillon, M. P. for East Muyo. FltOM WM. ItEDMOND, M. V. The Irish Nationalist members of Par liament will not only abstain from all participation in the jubilee celebrations, but iu all probability will divide against the address of congratulation which the government will propose to the Queen in the Commons on Monday. The I'ar nellite party intend to propose the fol lowing amendment: And we further represent to your majesty that this House deems it its duty to place the fact upon record, that while the sixty years of your majesty's reign bas witnessed the extension of representative government to all the great colonies, and tbe growing proa m rity and contentment ol the subjects ol the empire ueuerally. Irolnnd has guttered during that period from famine, di population and poverty, and today the constitutional liberties of her people are smqwnded and vested absolutely in II Yievroy, and amnesty has been de nied to irieh political prisoners, with ths rult that the Irish 'oU were discou tented and disHatiefieil; and this lloue a-wure Your Majestv that iaiuopin i u tlm only method ol relieving the poverty and disaffection in Ireland i.. to t'oiired the demand ol the Irish people d rllie recognition ol ths right to na tional iMlf guveriauent, Ths wording ol this amendment briefly amnmaricea why t ha vast tuajoiityuJ rihttin fwim I In any way arliclr,t in tns )ublluol Queen Victoria's rigii, 'lbs actio olths I'tirnellitea Uhnta Mutinuatioaol theeternal uroteat hu b IIeUttdevr ill, in spits ol alldiwviur. (niaut, tuaks agaiust the attsiupt of England to rule her against ber will; Ever since the union wan carried by fraud and bribery Fngland has rnlod Ireland by sheer force and it is quite true that but for the presence of an over whelming British force the Irish would be in open revolt. " - It should be borne in mind that tbe right of free speech, public meeting and the freedom of tbe press are absolutely in the bands of the English Lord Lieu tenant, who by writing a single line could suspend every vestige of tbe Con stitution in Ireland. From tbe Lord Lieutenant down every official in Ireland is nominated by the English govern ment. Consequently the utmost dis content exists among tbe masses of tbe Irish, who invariably elect a great ma jority over eighty out of a hundred of their members to demand tbe restora tion of their Parliament, which alone will ever satisfy Irish sentiment. During tbe Queen's reigb one-half of the population bas disappeared from Ireland by famine, eviction, fever and forced emigration; there have been two rebellions in tbe last sixty years, and every one of the sixty years bas been signallized by a coercion act. At tbe present time a number of Irishmen con victed 'of treason-felony are dying in prison, and even the great jubilee has brought oo amnesty to tbem. In view of these considerations it is only natural that the Irish should stand aloof from the celebrations, so that all the civilized world should clearly see that the present system of Irish government is a disastrous failure The discontent of the Irish is intensi fied by seeing representatives of all the self-governed British colonies at present in England, The presence of tbe colo nial premiers reminds as that every single part of the empire even West Australia with 160,000 people enjoys borne rule. Ireland alone is governed by British made laws and British Min isters. V The absence of upward of eighty Irish members from tbe great British carnival prove conclusively that in spite of inter nal differences the great sentiment of the Irish nation in favor ot national self-government is as strong as ever. William Redmond, . M. P. for East Clare. FMOM T. P. O'CONNOK, M. P. Though some of the Irish members may look at the procession as sigh t-seers from some points and may also be pres ent in obscure corners for professional reasons, the Irish party will not be rep resented In tbe stands at tbe House ol Commons nor in any otber part where their presence might be interpreted as sharing in the general rejoicing over the reign. - " . , . The Irish position is that the very reasons which cause Englishmen to re joice are those which compel Irishmen to mourn over this reign. Weiltb, pros perity, comfort, liberty, spread of em pire all these blessings which have so conspicuously marked this reigb for tbe hnguahmea bring Into greater, sadder relief the ooritrast in the effects of that sameperiod upon the destinies of Ireland. The most vivid Idea of what an unex ampled period of material decadence and tribulation tbis record reign bas been to Ireland is gained by comnarinir ber con dition with that of England. These sixty years have been a stupendous advance in England in every element of natioual prosperity; in Ireland the decline In tbe same period has been appalling. " When Englishmen, even friendly hng lishmen devoted to home rule, ask me why I refused to rejoice over the jubilee, I retort: "Are we to rejoice because Ireland's population has decreased 47 per cent, while England s has increased 70 per cent? Is it because Ireland, with her diminished population, is so pauperized j that two-thirds of her people are de pendent on the potatoe crop, the failure of which immediately produces famine, while the standard of general comfort in England is higher than in any otber country?" Ireland is the fourth meat producer in the world, but her poverty makes her the sixteenth meat consnmer. Fifty years ago there was only fifty two paupers per thousand in Irelaud, and forty-nine per thousand in England; today the rate has risen in Ireland to ninety-five, while it has fallen in Eng lund to twenty -six. Take manufactures between 1841 and 1891. Th? whole Irish population had decreased 42 percent, but her manufac turing population bad decrenaed 61 per cent, while in the same period Englaud's manufacturing population increased al most immeasurably. Ireland during this record reign bas been steadily gravitating towards total dependence on agriculture, the most in secure support for a people, aad one that bas suffered most acutely from depres sion, while Engluud bas been growing more and more Independent of agri culture. Tbe same dismal, heartrending tale of material decay meets you on every side In Ireland, lue Inoonie ol tua watcs- aruing classes art, man for man, barely half those In Great Britain, and whil ths gross Income ol Irelaud is t'70,000,. 000 that ol Great Britain (a 1,500,. ooo.wio. Fngtand's rule has advanced Kuglaud, but it bas driven Irelaud back to a con dition today to which no civ lined coun try has been reduce! In HHMlern times ex cept by a duvaetatuig war. Worst ol ail, whllo Ireland baa had her liM.lood stiMtdily drained out of her by r iiglieh ruh at the earn ti ne the t.ua'.iou ier head of IrUamen U double what it aas fl ty years ago, while that ol Ditjjlinhitiea Is art quill halt el a hat it then a. Ths rtroe t for Kegtand for the last iity tear is on unbroken vision ol ahouiidiBg irosierity and steady brow I niug ol th power ot democracy, ths retrtMipMtt l irelaad i au equally oa broken ore of matetiU dViruertk!i, t'ostisusd 0a 0th page, ABOUT ANNEXATION. Some of the Big Capitalists That Are Interested In the Scheme. J. PIEBPONT MORGAH'8 ISTEREST3 Pacific Ocean Cable Co., Nlcaraugua Canal Co., and Sugar Specu lators Interested. Why Elkins Is Favorable. Tbe plan for annexation of Hawaii' which is being so ardeutly advocated by some of tbe patriots at Washington is a scheme for robbery greater than any ever conceived in thebistory of the world. The sugar trust scandal dwindles into Insignificance when compared with this latest attempt at statesmanship. Tbe sugar growers of tbe islands, of course, are in favor of annexation, but there are others. Among them are the projectors of the proposed Pacific ocean cable be tween the United States, Hawaii, China, and Japan, who desire that, a market value shall immediately be gi ven to their present paper capital of ten millions, and the Nicaragua Canal Company, desires the United States to subscribe to 170,000,000 worth of its stock. From the day that Mr. McKinley en tered tbe White House be has been sub jected to pressure to induce him to take this step. Senator Stephen B. Elkins of West Virginia, former Senator Warner ot New York, and former Secretary of State John W.Foster have formed, tbe chief lobby that bas been working on tbe president in favor of annexation. John W. Foster bas been for some time tbe counsel for the Dole govern ment of Hawaii, bicb bas been pre ling so strongly for annexation, beeeuM there was no reason to believe that it could not be re-elected to power. . Mr. Foster baa occasionally in the past ren dered special services to Mr. Elkins and knowing him to be interested in tbe pro posed Pacific Cable company, it was very natural that the two should join forces. - Warner Miller tbe resident of the Nicaragua Canal company, was brought in as the third member of the distin guished lobby on a mutually advanta geous basis. Tbe canal project has con siderable strength in comrrese. much of Which Mr. Miller would probably be able., to throw towards Hawaiian annexation and on the other band, Mn Miller was quick to see that with Hawaii a part o( tbe United States another strong argu ment would be secured in favor of build ing the canal so as to reduce the time between tbis country and its new posses sions in the mid-Pacific, The project was well under way before Mr. Foster departed on bis fur seal mis sion to Europe. Messrs. Elkins and Miller with the CO-orieratinn nl thn nn. credited representati ves ol the Dole gov ernment, nave since been carefully coach ing it towards completion. ' The principal capitalist interested with Mr. Ejkins in the Pacific Cable com pany is J. Pierpont Morgan, who is director in the Cable Company. The company was incorporated in Now York Dec. 19, 1893, with a capital stock of fnw.uuu, divided into 1.000 shares. Mr. Morgan came into the company for the first time openly during the follow ing month, On January 22. 1890, a special meet nir of the comnnnv was called at. n 37 Wall street, New York. Mr. Morgan's name beinir siamed to the cnll m nna nf the directors. At that meeting his finan cial ability demonstrated itself. It was decided to increase the capital stock of thecomuanv from S100.000 tn 10. 000,000 and the number of shares from x,uo to tuu.uuu. in certifying to tbe result of the meeting the chairman and secretary say: "And we do further cer tify that the amount of the capital of said corporation actually naid in la nothimr.no call as vet havinir hu in. sued by the directors of said corpora tion to the subscribers of tbe stock thereof, and that the whole amouut ot the debts and liabilities ot the said cor. ooration Is nothing, and thntr fha amount to which the capital stock ol sam corporation is lucreasod is ten mil lion dollars." llaviirg thus increased the capitaliza tion without baring paid in fl. tbe company came to n ashington and asked Congress for a subsidy of 160,000 a year for twenty years to help them lay the cable, A bill for tbis purpose is now lauding in Congre sh. Associated with J. Pier pout Morgan as directors of the company are Jamea A. Hdirywr, J. Keuuedy Tod, Edmund UBaylisaud G.N. Bowdolu. it thev can ail in bringing about tue annex atioa ot Hawaii they enct that their stock, now worth no more than the par upon which It U printed, will at once aiwunta a definite market value. Hence Mr. Klkius's luUrmt aeastevk holder lu helping ths llawaiiai anueia tionutJ, Ths Nicaragua canal jHHtpIe, beaded by Werner XMIer ha an even more Jit wt ititervAt iu sw ing lU.i.i b .vmc a part ol the Tutted Ktatea, Tlr canal would then IxmitiM almost a twety, and the Isfltteaiv of (he goTerainu would be tti with CongreM to lnd'M the-appropriation of enough aioaey to put the euterprt oa Its feet aad make all lis promoter ru b. In tke lacs of uvhooftdttioa (Vugr will hardly dare to ratify th treaty and face puhlt atimuit.