J
0"
, .-wci yb-(LUi,' " - ......
1 -
Tke Allianee-Indeten&ni
The Alliance-independent
, . . -
I I T I
I In . .11 Mvaealai
rv
- ...
t
in
It tee tolf
Advertising medium
intheweet Itlsfeepeci
ally valuable at a means
of reaching the farmer.
Ita circulation U as large
in Nebraska as the cir
culation of all the "farm
Jocrnals" combined.
Give Th Alluncb
Indepkndkkt a trial if
you want good results.
VOL. V.
FINANCIAL MATTERS
THE NEW YOHK MONEY MAR
:; KET EASING UP.
JPB0TEemI KOTED BI BROKERS.
Four Mare Banks Go I'uder at Denver
and Heavy Hons on all the Others
Fort Scott's CHdsst Bank Closes
Its Doors The Flurry Over at
Kansas City The Armour
dale Citizens' Gives Up.
New Yobk, July 19. Many note
brokers whose business it is to raise
money on commercial paper and notes,
and who have the best opportunity of
judging the condition of the money
market, claim that money has been
growing more plentiful than it was a
month ago and they fail to see any
reason why the improvement should
not continue.
, To-day the money market was com
paratively easy, call loans being
quoted at from five to six and the time
money market being quiet, borne
thirty and sixty day loans can be
made at six per cent but not in large
' -ounta, local capitalists being dis--poaed
to keep their funds in hand un
til they know bow much money New
York will have to provide for the mov
ing of the crops later. The subtreas
, ury was 1669,700 debtor at the clear
i ing house to-day and settle ;nt was
made in gold,
j Sterling exchange was strong and
higher, posted rates having been ad
vanced to vk. 84 and 54. 96. tommercul
bills are scarce, and this, in connection
with the easier m ney market, ac
counts for the strength of the foreign
exchange. Heidelbach, Ickelheimer
k Co., are advised of the shipment of
$139,000 on the steamship Ems, mak
ing 1435,000 in all consigned to them.
The silver market was weaker, 25,
000 ounces selling at 72 at the board.
Commercial bar declined to 7134 and
Mexican dollars to 59.
Comptroller Eckels arrived here last
night and went at once to the house
of ex-Secretary of the Treasury Fair
child. He said that he had only run
over for a day or two. Ills mission
was unofficial Ue was desiroas of
gettinsr acquainted with the New York
bankers. "I expect," he said, "to see
things settle down, and then we can
take a fresh start"
The stock exchange opened in ex
citement to-day, and a general decline
in prices set in. The break was
started in London and was accom
panied by a report that a large inter
national banking house was about to
efail and that the liquidation of stocks
was on their account. No name was
openly given to ti. international
banking firm, 1 several were sus
pected. BAD
FLURRY
IN DENVER.
Three National Bank Close Their Doors
Kum Made on the Others.
Denver, CoL, July 19. The failure
of three savings banks yesterday had
excited the masses, and when the
other banks of the city opened to-day
the streets were crowded with anxious
depositors. The eleven clearing
house bunks located within four
blocks of each other were crowded
and the streets were blocked until the
police w ere called out to clear the way
for traftic
At 10 o'clock the Union National,
with a capital of f 1,000,000, posted a
notice that it would not open it doors.
Following quickly the Commercial
National bank posted a similar notice,
and then the National Hank of Com
merce, of which ex Governor Cooper is
president, followed.
A run was at once statted on all of
the other bauks, though to no great
extent upon the Tropin's National.
The r'irt National apara to b the
soundest of all, they having over kitty
per rent of their deposit on hand,
with a private fund of f t.MMi.uxi In
addition to draw upon, making it Im
possible In vUhmi H doors. 'I lie Col
orado National and several others are
in equally as good condition.
The Mereattiila bank, a private In
stitution with I loo.oi hi capital, cl.wed
Ita door at noon. The failure was
caused by the failure of the t'nlon Na
tional liauk, through which it cleared.
CI C. Gird, the city auditor, la I he pres
ident. VV. I'. lUiblnson, formerly
treasurer of the U publican publishing
company is the s"tru!,
Tlia MrNettiare lry Goods company
failed to-dev. The lUMIUIrs are
placed at :m,itt I at the iwU are
iut known. The failure was brought
on by the failuru of the I'hub
National tut it W.
A every bank Is crowded, th clear
Ing houoe Is rendering ,tl eltence
eaeb. UUtulWu being cnufMtt!d to
Ifaiol m fH ii It own tndllon. Presi
dent J. A. ThaU her tit the t tearing
llot.o awiot'iatk a says: '1 am euu
D o " v !L)
Ji A A
"
- . " ; r
fident that to-day will see the worst
of this and the people will come to
their senses. At a meeting of the
clearing house last night we decided
that we could not help the banks and
ao come of them have gone to the
wall. All of them, I believe, have
ample security to protect their de
positors, but unfortunately at this
time cash and not security is what the
malority of the people are clamoring
for."
ITS DOORS CLOSED SUDDENLY
The Old First National of Fort Scott
Unable to Stand a Drain.
Fobt Scott, Kan., July 19. The
First National bank of this city failed
to open its doors for business this
morning at the usual time and the
first intimation any one had of the
financial condition of the bank was
when the following notice was - put
upon the front door at 9 o'clock:
Owlnsr to steady withdrawals of deposits and
oar inability to tolled assets, we deem it to
the best interest of all concerned that this
bank be temporarily closed. Assets are more
than three times liabilities, and depositors
will lose nothing. By order of director.
The bank officials all claim that all
depositors will be paid in fulL The
failure was a great surprise to every
one as it was thought ail of the banks
In the city were on a solid financial
basis.
The First National bank was estab
lished in 1871 and was the oldest and
largest national bank in Southeast
ern Kansas. It had a capital stock of
1300,000, fully paid up and had always
stood all runs.
A run on the People's Savings bank
was started, but a notice requiring a
thirty, sixty and ninety day notice
was posted, thus preventing a heavy
run.
The failure of the First National
bank has had so effect on the other
banks, as they are in no way con
nected, and the merchants and busi
ness men have perfect confidence in
their stability.
Citizens' Bank of Armonrdale Closed.
Kansas Crry, Mo., July 19. The
directors of the Citizens' bank of Kan
sas City, Kas., at 401 Kansas avenue,
Armourdale, last night decided that
they could not longer stand the heavy
drain on it by depositors. This morn
ing a notice was posted on the front
door to the effect that the bank had
been placed in the hands of State Bank
Commissioner J. W. HriedenthaL
According to the bank las', fo
ment, on June 20, the asset J vrc
$151,540.20, and the liabilities, outside
of capital stock, 1126.540. 20. By the
closing of the Citizens' bank a large
sum of Wyandotte county's money de
posited, by County Treasurer M. O.
McLean is tied up.
An Ohio Hank's Doors Closed.
Toledo, Ohio, July 19. The Citi
zens' bank of Ada, the most prominent
one in Hardin county, failed to open
its doors this morning. Its owner,
Peter Ahlfeld, has controlled it for
twenty-11 'e years and was considered
one of the wealthiest men in that sec
tion. No statement of assets and lia
bilities or the cause of the failure can
be obtained.
Small Kansas Banks Cloied.
Topeka, Kan., July 19. State Bank
Commissioner Breidenthal this morn
ing received notice of the failures of
the bank of Richmond and of the
Farmers and Merchants bank of Osa
watomie and has gone there. lie re
ceived notice yesterday of the failure
of six small banks in various parts of
the state.
Kansas City Flurry Over,
.'.-sas Cur, Ma, July U. There
were no mote financial disturbances
here to-day, and a better feeling pre
vailed all around. It is believed now
that the worst is over. The Missouri
National and Kansas City Nat'nal
will undoubtedly resume businc.
ALLIANCE MEN MQBBED.
A Meeting ll-okco t'p by a Kalastoea
ut Mallets at Cove, Ark.
LirrtK Rock, Ark., July 19. A
largely attended meeting of the 1'opu
county Alliance at Cora, Ark., was
broken up by a mob and a rainstorm
of bullet fired over the heads of the
crowd.
John T. Miller, a member of the
lat KanMt legUIsture n address
ing the meeting at the time, but thn
report state he took to the wood at
the firt fin from the enemy. Kvery
inaa la the rrowd stampeded Mrs.
Ma lluiicaa, however, mounted a Wx
and called t the rtveing men to stand
their ground, even tu the fat!) of
dt-sth. lint the men kept on running,
leaving lb woman to hold tba fort
aloisa. Jame Webb was hU in the
eye with a stone. The leader had
been warned nt to hold the meeting,
Effort are Ulng uiai to arr the
al!at'l
1st Mar ttaaa U.
Tot t a a. Kaa, July SO Inform
t U-i ha 1mi iiv4 at the ftUm t
the Mala bank Htua!uttrr of the
faltuivsdf the Ml bank of iVrker,
l.iua tiaaitv. and of tbe VYetiwin
Male bank of Yutea tt-atr, Woutlkot
roanty.
LINCOLN, NEB., THURSDAY.
MORMONS CAN VOTE.
This Maeh Mooted Question Decided by
the Ctah Consmlstloo.
Savf Lake, Utah, July 20. The
long mooted question, will the polyg
amous Mormons be permitted to vote,
was settled by the Utah commission
in the affirmative yesterday. On June
19, through the secretary of the in
terior, the commission asked for an
official opinion from the attorney gen
eral of the United Htatea as to the
effect which President Harrison's at
tempt to protect them would have
upon the right of persons heretofore
disfranchised to register and vote.
Yesterday the following telegram was
received.
"A B. W Hams, Chairman UUb Commission,
Bait Luke, U T.
"Washinotok, July 17. Under date of the
12th inst. the attorney general declined to ren
der an opinion on the question presented in
your letter of the 10th ult., having no authority
to advise commissioners in lhe exercise of the
duties of their offlce "William H Sims.
"Actln (Secretary."
The Utah commission devoted the
whole of yesterday to a thorough dis
cussion of the question, and resolu
tions were adopted declaring that
persons who had not violated the law
since President Harrison's ruling are
entitled to vote.
STILL ANOTHER PARTY.
Labor Organisations Will Nomlnsto a
Ticket In Kansas.
Toprka, Kan,, July 20. Steps were
taken yesterday by the various labor
organizations in this city to act upon
the suggestion of T. V. Powderly,
general master workman of the
Knights of Labor to plunge headlong
into politics. At a meeting of the
representatives of the various labor
organizations a convention was called
for July 27 to nominate t full county
ticket
Shawnee is the banner Republican
county in the state and the Populists
have never gained much foothold.
The shopmen and other laborers are
divided on old party lines, and despite
the efforts of the Populist leaders to
make converts among them, but little
headway has been made. The plan
of the labor organizations is indorsed
by the Populist leaders, who think
that the Democrats may be induced to
vote a labor ticket, although they
would under no circumstances, vote
for straight Populist nominees.
DERELICT IN THEIR DUTY.
Governor Stone Calls Down Missouri Of
ficials In the Miller Lynching Case.
Jefferson Cur, Mo., July 20.
Governor Stone, after the mob from
Kentucky had taken the negro Miller
to Bard well, Ky., and lynched him,
wrote to the authorities at bikeiton,
Ma, where .he was arrested and in
quired M Miller left the state volun
tarily or if he was taken by force
without the formality of a requisition.
He sharply intimated that the officers
at Skeston had been derelict in their
duty. The prosecuting attorney wrote
to the governor and his letter has been
made public. It breathes a spirit of
corabativenes9 and closes with these
remarkable words:
"The men of Missouri will always
be proud of an opportunity to render
unto Kentucky the men that are Ken
tucky's." WORLD'S PAIR HORROR.
Four Men Held Responsible for It by
the Coroner's Jury.
CntCAOO, July 20 The coroner's
jury Investigating the world's fair
cold storage calamity reached a ver
dict at 5:30 last evening. The jury
held to the grand Jury the following
person: I). 11. Burnham, director of
works of the world's fair; Fire
Marshal I'M ward Murphy of the
world's fair fire department; J.
It. Skinner, president of the
Hercules Iron company; Charles A.
McDonald, secretary and treasurer of
the Hercules company.
IliM Mill flos Down.
llosTosr, July 80. The Amoslccag
mill of Manchester, N. It., which will
close for the month of August, ac
cording to a vota of Ha directors, em
ploys s.iMMi hand. It has a pay-roll of
taa.iSK) per month and vwt 6,000,000
pound of cotton per wrek. Other
mills are liable to follow suit The
A moo k-a if mill I the Urgent producer
of manufactured cotton In th world,
A Teaeher umtult SaWMa.
Chicago, July tu Mla Kwma Car
re tt of Philadelphia, principal of a
deaf mute school oa Monument and
Ford avenue, In that city, committed
kuickla last eight by lumping (rou
the t&h Ury of tha Hrigg house,
t'ralMt Mlavla lwft
Kt Pa t'l., Minn , July ).- t.uitui
A. llaiieMiW, tanker of lied Wing,
leader (f Malety and stllwriuteiulrot
i.f a rnimUy aehmd, ami Ui tettv
wlfewf Albert II. Allen, msrvhaat
of tlm saioa pla-, are timler arrest
hera. undy Mr. Allen ram to V
Paul to vUlt a friend and at tha same
lima lUtu'crk alto ram hera, Mr,
Allen, unknown li lit couple, w on
Ut saiuetrata and ranted tuir rrt
lalee
JULY 20. 1893.
MR. ECKELS' VIEWS.
THE COMPTROLLER OP THE
CURRENCY SPEAKS.
llHANCIfit SITUATION REVIEWED.
a? th" f-eutlt a J t fir Tlmlr Bmi
, Methods and Lauds the Eastern
Financial Institutions Dined
by Sw York 11a ok ers and
Moneyed Men People Ursd
to Stand by the Hank.
'New York, July 20. Comptroller
of the Currency James A. Eckels was
a guest of his predecessor, ex-Comptroller
A. D. Hepburn, at dinner at
the Union League club last evening.
The affair was stated by the dis
tinguished diners to be pur: social
given as a compliment to ..ie new
comptroller and for the purple of en
abling him to meet the New York
bankers.
1 The gathering of so many of the
ieading financiers of the country at
this particular timeand tne presence
in this city of the comptroller of the
currency attracted much attention,
and the meeting between Mr. Eckels
and the bankers was regarded more
as a conference on the monetary sit
uation and the prospectuj measures
for its relief than for a r urely social
meeting. Comptroller Eckels, in re-,
sponse to a few words of welcome
from his hostex-Comptroller Hepburn,
saidt . -.-,,'' .'
"When I accepted the invitation to
be present this evening it was that I
might indulge myself in the personal
pleasure of meeting some of the repre
sentatives of the great financial insti
tutions of your city. I did not then,
nor do I now, intend to make a formal
address, but there are one or two
things that may not be inappropriate
to the time or occasion.
"The condition which confronts the
American people is one that deserves
the thoughtful attention of every
citizen who has at heart the interest
of the country. It is not a time of
fianic, because we have passed a period
n our history when a panic is a pos
sibility; but it is one of a slow liquida
tion, the result of undue speculation'
and unwise financial legislation. Noth
ing is to be gained by taking on a
fright that is unwarranted by either
the immediate past or the immediate
future. What the American people
ought to do in the midst of the fail
ures that have occurred is not to give
way to uncalled for alarm, but to
study the character of the institutions
which have failed, the causes which
have produced them and the localities
in which they have occurred. After
such a study, let them view the solv
ent institutions everywhere also about
them and the conclusion that must
irresistibly follow is that the
legitimate life of the country is not
threatened, but Instead will come out
of the present turmoil the stronger
for having passed through it In con
aervative business centers the failures
have been few, either in banking or
other Hues. Bad banking at any such
times is dangerous aud must Inevit
ably bring disaster upon those who
engage in it The present stringency
has simply hastened the Closing of
some banks because they were
inherently weak. Others have
closed as the resultant effect of having
kept alive the operations of specula
tors in the extreme West and in
portions of the Sout-i. The art has
not been discovered of making some
thing out of nothing and the financier
who stakes his all upon an unbuilt
city reaching out into the waste
places of the earth must bring about
the ruin of hi own aud kindred in
stitution which have trusted to him
and pinned their faith to assets yet
unborn.
'iUaastrni have fallen upon the
speculative institution in boom cities
of tiie state of Washington, California,
Colorado, KaiiM aud Missouri, which
have in turn Injured solvent one, but
the state of New England and the
Kat and the middle statea and thoae
of the Northwest, not lea than of the
houth, have thus far eatapml and
why? lievausw the foundation
upon which they are built are
rock and not sand. Mueh a review aa
that 1 have Indicated cannot but have
the effect of quieting the fear of the
timid and encouraging those who have
thu far maintained an unswerving
faith la the speedy coming of better
time. It ought to ehet l thoea who
lavlla disaster ,by withdrawing trout
olveut liistltulUn the money which
the detH,ir cannot potbIr u.
The prop! am hoping and asking
murk from the bans of th toaatry.
In turn the bank have the rl.'bt
of euulrtt l rv.t instil from the
people. lha wh'i have mi loag
lr'ted bustne with tU banking
tuwltlutUm have surtu teal roitttdene
kt them to know and feel that If In
year pa', tfaey lav riv (, that
tbey are likely so to do in the present
emergency. Runs upon banks but de
stroy the interest which otherwise
would be protected and those who in
dulge in them causa to come about
the thing which they say they wish to
avert
"In conclusion permit me to say that
I indulge neither in extravsgance of
speech nor undue flattery when I aay
that the course followed by the banks
of this great city through the past
strew has been such as to commend
them to the good wUhes of the citizens
of the re nubile. There has been dis-
' plaved a v f!o-n hiit ha m-'t ery
eiuergeu v f n 1 t.u i Av Lnunvi.u con
dition of affairs on the part of banks
has been a constant source of inspira
tion to all the country."
IT WAS TRYON'S PAULT.
11 I Said to Hav Acknowledged ft
Before the Victoria Sauk.
Vaxktta, July 80. In the Victoria
court-martial yesterday Staff Com
mander Hawkins-Smith gave evidence
bowing that Vice Admiral Tryon
took upon himself the responsibility
for the disaster. The staff commander
said that immediately after the Camp
erdown rammed the Victoria, the vice
admiral said to him: "It was entirely
my doing; it was entirely my fault"
- women at Kansas.
Cmo'io, July 19. In the assemblf
room of the Women's building yester
day Mra Eugene Ware of Fort Scott,
Kan., gave an address on what the
women of Kansas were doing to-day.
She opened by comparing ber
sisters with the Israelite of
old, inasmuch as they were a
peculiar people. She gave the history
of Kansas from its birth as a state and
dwelt upon its Sufferings from storms,
grasshoppers, strange politicians and
cranks. In words well chosen she
told of tho battles fought by early
Kansas women against poverty and
concluded with a tribute to the Kan
sas woman of to-day and her daughter,
whom she soorfe of as a girl in whose
"bair is imprisoned Kansas sunshine,
and whose eyes reflect the blue of
Kansas skies."
Trouble la store for China.
London, July 19. A dispatch from
Shanghai says that the Chinese gov
ernment has refused to make repara
tion for the killing of Wickholm and
Johannsen, Swedish missionaries, by
a mob three weeks ago. Foreigners
in Hankow, which is about sixty miles
from Mzcheng end in Shanghai, have
been summoned to attend a mass
meeting for the purpose of calling on
EnroDean powers to compel China to
reject her treaties' and punish the
viceroy of the province and the author
ities of the city in which the murder
was committed.
Testing; farm Machinery.
Chicago, July 19. Makers of agri
cultural implements and farmers
were all attracted to Wayne, 111., this
morning where the field trials of ag
ricultural impltynents on exhibition
at the world's fair were made. The
awards of medals and diplomas will
depend upon the result of this test
The hay making tools were tested to
day, forty acres of hay being cut by
eight different makes of machines,
each machine trying to outdo all
others.
a 1 11 a ! ' m 9 '
THE MARKETS.
Kansa City drain.
Prices were quoted as follows: . No. t hard
wheat, biii&i'Ao; No S hard wheat, MKMo
No. 4 bard wheat, rejected bard wheat,
3jfrWo No t red wheat, 5rtS3o. No 8 red
wheat, 6t"(Jlc; Na 4 red wheat, 4&0a
Cobs Was Arm. Sulpplun demand was
food, but I lie uiTufluw wer ait Ulica oa small
orders, lea vtn uol hln fur round lot buyer
Kerelpts, W cars, a year ajo, 44. Na I mixed
eorn said at St-'VikOu Na I mixed. S& Ho:
No. 4 uilmrt, -'Difrtlo no 11 ratio. 2i (, ; Not
white, S3'V?t3te. No I white, .Ho; Na white,
SlviX'u. Shippers paid STo MUslsslppt river
andSu'.HiOo Me with Is tor No corn. Nat
white sold t river and 4l'ft4lvt Mnraphla
New Mtia wore unsai tble No wised, new,
were oflrd at J 10 without buyer. Thera
were tid niauy samples on 'eniuw sad old
oat were, scarce. Kwvipu, 11 ear a year
mo ear. Cash price: Na I mlted, aw,
nominally 31 o old Ike prwulutu No J new,
IV'tAie Na 4, l; No. while, avw, aoml
n. '.'4',t W old, nominally hUher; No.
I white, av Kvs-Weak) N t nominally 4s
sul No . 4Ta rXttskKU NottU
nally iao per oa upon the batl
ol pur t ear lots; small lot itM ls
Pass -Weak ekel, Ti4 per ewt; bulk,
hassles ta t'Hor aie.ys avtT
tat. fewksd IUT-t(vlU Ilea. Market
weak TtHM'thV. rkolr to laaev, t Kl Id.
lufcll; hw srh . ; fenny pralria, ,
St?; old. eru 4 wealed t Sain (wed
totkouw, vSitaM, euatRtoa, Uit
HANS tltV UtK etOt K.
KA t'irv, Ma. July tartilR
teipls, 4e, flt, )T, skipped yesterday,
t,mi, cttlvo. ml tk atrit was quiet,
tktly sirl el the ealtM wr etlf In
vers tv y with istrdy.
iWvad tf aad hitipiat iMa U 4 Mi
sad belt?. II a Tta and ladiaa
leer, tt SW44k T d Udlaa ,
ISXI4 tutSMitanvu, lltf
11.1- He'u svustt sklpp4 yir4y
lM The taft w dlt I Wbl lw asr
Kttus an I fcvy WW b 'n raided
(rota ti fcJ tu k 1 1
haepKeii. tlk i lat Tt
avr Staid alt SM I see w4
ru;. ae BMikvt Ivr tttsnt t
The government own
ership of railroads and
telegraphs.
That freight rates ml
Nebraska be reduced to
a level with those la
force in Iowa.
The building by the
natifloal government of
a great trunk line from
North Dakota te Ue
Gulf of Mexico.
NO. 0
DENVER'S FLURRY.
THREE MORE NATIONAL BANKS
FORCED TO SUSPEND.
DEAIKED OF THEIR DEP03ITI
the fci-ri.iuo X'.lloiia!, tnte National
and reople' National the VleUsas i
Peposltors la Line All Night
Senator Teller oa th Sitae
Hon The Kansas HUver
Conference at Topeka.
Denver, CoL, July SO- The old
German National, with a reputatio
for stability of twenty years' standing,
the equally reputable State National
and the People's National were added
to the list of suspended institution
this morning.
All night long depositors stood la
line in front of the German and by
0 o'clock there was a sea of faees
stretching down the street At th
opposite corner, where the State had
long done -business, there was also
quite a crowd of anxious depositors
waiting the opening of the doors.
Here the people were relieved of
worry a few minute after V o'elocX
when a notice was posted on the door
that the bank would not open, owicr '
to a lack of ready cash, and the erowa
moved away,
At the Germn there was evidently
a determination to go ahead jritla
business up to almost the last momeat,
when a slip of paper waa pasted aa
the window, stating that the door
would remain closed temporarily.'
Then men and women down, the lias)
broke into tears.
A fierce run on every bank in the
city followed, but it was given out by
reliable people that there would be no
more suspensions.
The People's coal company assigned
to-day. Assets and liabilities not
large.
Frank Adams, bank examiner, baa
taken charge of the Union National
Commercial National, National Bank
of Commerce, State National, German
National and People's National banks.
A report of their condition will not bo
made for several days.
The run at the Denver National
ended at noon with an enormous
amount of money still in sight The
same is true at the City and all tho
other banks and business men are be
ginning to breathe freely.
Yesterday afternoon the North Den
ver Savings bank and the Capital bank
were added to the other failures. Tho
constant strain on the banks by scared
depositors has brought about tho
crisis. It is stated hv depositors thai
no less than 88,000,000 has been drawn
from the banks during the last ail
months. -
Senator Teller in an Interview saidt
"There is no one thing to which this
trouble can be assigned. It is partly
to silver, but more to the general de
pression that effects the entire coun
try. The failnres yesterday were un
warranted, and directly chargeable to
the people who became frightened
and panic striken at a ahadow.
No bank can pay its depositors
if all rush in at ouoo auddemaud thai
money and had our institutions been
given time to realize on securities tbey
could have paid in full, for no houses
in the United States are in better con
ditton than those in this city. Of
course we suffer hara from the de
pression of silver, but not entirely
from this. The Sherman law is nol
repealed yet and it does seem to mo
that we are crossing a bridge before wo
come to it There is nothing so un
fair aa to blame all our ills on silver,
ltetter blame some of our trouble to
silver speeches. Such unbridled lan
guage that the press brought while I
waa Kat can have nothing but tho
tniatt Injurious effect upon our causa."
The senator referred to Acting Di
rector of Mint Preston aa a "yoaua;
sprig" and an "official clerk" beta use
of hie attempt to "jew down tho
price of silver and declared that for
a great government like this potter
ing about a Jub lot of silver waa eou
temptlbie aud jnescusable.
Cooper ktrlke.
Kaasas City, Ma, July 10. -Tho
entire force of awvanty men employed
in J, 11 KUy 4 IWa cooper shop oa
Shawnee avenue, Armourdale, Kaa
are out on a strika They quit work
yesterday afternoon bevau tb Ursa
refused to meet their demand for aa
increase la their wagwa
Kms-rer Willi Msta'a tkaah.
liKutit, July Id -The HeUksaasaW
gr publUhe a cabinet ordar espreuo
tag the KMMt sincwr taenka of the 0 ta
pe ror and hi alii ChaaeeUor Cap
rlvl for hi rvW la Seoul leg the
a'ipti , by tb reWhatag of the army
bUU
V
