Omaha daily bee. (Omaha [Neb.]) 187?-1922, April 25, 1893, Image 1

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    FHE DAILY BEE
TWENTY-SECOND YEAR. OMAHA. TUESDAY MOHMNG , APRIL 25 , 1893. NUMBER 210.
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I\N \ THEY BE IMPEACHED ?
iibility i of Ex-OlTicialu Under Ohargo of
Misdemeanors in Office.
tGUMENTS IN HILL'S CASE COMMENCED
ilyn llrniuly Supports III * Contention tluil
thn Court HIII No .liirlmllrlliin .Imlgo
J'oiind Ki-itpiiiiilit 1'rep.irliiK to
I'lUli tlio Othrr dues.
I.ixroi H Neb , April 2-4. [ Special Tele-
-am to Tun Ilr.iThere : ] was an imposing
ray of legal talent at the supreme court
loinn this afternoon to listen to the argil-
cut of the question as to whether or ilot an
: state oftU la ) < < > bo impeacbod under tlin
institution of Nebraska. Judges Doane and
oiind , lion ( i M Lambortson and Hon. W.
Orcono were there on behalf of the inan-
fcrs of impeachment. The Interested
lltlals and OK ollli-lals were represented bye
o following Hx-Stato Treasurer Hill by
idi'n.T II Droady of Lincoln ; ox-Attorney
ene.ral I.ocse by J. M. Stewart of Lincoln ;
c Auditor lien ton by K. D. Stearns and J.
Ames of Lincoln : Attorney General Hast-
gs by J It Webster of Lincoln ; Cominis-
onorof Public Landsand Hulidings Humph-
iy by Judge M L. llayward of Nebraska
ty. Secretary of Stuto Allen by John L.
'cbstoi' of Omaha.
( llii'Cl ) to .Tin liillcllon.
In his plea to the Jurisdiction of the su-
rcmo court , sittintr as a court of Impeach-
cut , .luilge ilro.idy , as the attorney for ox-
roastiror Hill , bets forth that the court
uiiild take no further cognizance of the
rtlclrs of Impeachment because at the time
w articles were adopted , as well as at the
me of thr instilution of the investigation
hlch led up to the impoachmeiit , .1. K. Hill
'as ' not an uiiirer of the state of Nebraska ,
ut n private c-ttizcn.
In their replication the managers of Im-
caehment say that the matters alleged in
'Ill's plea to the Jurisdiction of the court
ro not siiPlelont to exempt Hill from an-
fswcrint' the said articles of impeachment ,
I because at the time all the acts charged In
the articles t.f impeachment were voinmittod
while Hill was stale treasurer and by virtue
tf his office a member of the Hoard of Puulio
I-nncl and Iimldings , and therefore under
the constitution and the laws of/tho state
the legislature has power to prefer the arti
cles of impeachment and the supreme court
full and sole power to try the same.
To this replication Hill entered a de
murrer on the ground that It does not
state fiu-ts to show jurisdiction of the court
over th' < ciisi % .
It Is upon the ubovo basis that the case
comes bofiuo the supreme court for argu
ment this afternoon.
Scttlltii ; a Milltrr ol' I'rucpilpnt.
It was ilf teen minutes of it o'clock when the
three Judges emerged from the consultation
room and when Chief Justice Maxwell called
the cases Judge Pound , on behalf of the
managers ot the impeachment , stated that a
question had arisen , the court would bo
called upon to decide which side of the ease
[ should have the opening and closing of the
| argument ,
.ludgo Doanc claimed that the state had
the rl ht of opening the argument lor the
I reason that their replication to the pica in
I jurisdiutlop was practically a demurrer , and
Ithut uucordlmr to all precedent the state
[ should bo entitled to the opening because of
hat fact ,
Judge Broady replied to this by claiming
lat the replication of the state was not in
10 nature of a demurrer. Ho had not tiled
demurrer in reply to the articles of im-
Nichmcnt for the reason that to do so
ould bo to , constructively , at least , recog-
izo the charges of criminality made in the
rtloles. Ho had lllcd a plea to Jurisdiction ,
'o this the state made replication. Then ho
'led ' u demurrer , which , according to tlio
[ ales of the court , entitled him to the open-
ig of the argument. Ho road from the im-
eachmcnt trial of Ik-Hump to sustain his
olnt.
Jtutgo Uoano replied at some length , stun
ning up his argument by reasserting that
he replication of the state was the tlrst
nrmul demurrer Hied and therefore entitled
ho state to precedence.
.ludKi ; UrcMicly Oprnn.
After a brief consultation with his asso-
latos Chief Justice Maxwell announced that
ho respondents , Hill and llcntoii , would bellowed
llowod , by their attorneys , to open the
.rguincnt . , and stated further that each side
vould bo allowed an hour and a half.
Judco Hroady commenced his arcument
t ! ) o'clock by saying that the matter under
ircsent consideration was a question which
iiid never boon decided by any court in the
Tnltod States. There was absolutely no
recodcnt in this countiy to guide the court
11 deciding whether or not an ox-ollicor
ould bo impeached.
Taking up the thread of his argument
mlgo Droady claimed that under the const- !
ution of Nebraska the only object of im-
oaehmcnt was to remove an olllcial collided
ided of misdemeanors. There was nothing
n the constitution or the statues to warrant
I'o impeachment of an cx-olllccr and tlio
Ingle rofen-nco to cx-olllccrs contained in
ithcr ho maintained could only bo Inter-
nelcd to moan the trial of a stnto ofllcor
g'lhist whom articles of impeachment had
icon adopted and who had been removed
remonice pending his trial. Ho claimed
.hat under the assumption of the counsel for
ho btule , the only construction of the con-
tltutlon possible was that "all state olllcors
, lld all private eitUcns who bad ever hold
llleo tdixuld be liable to impeachment. "
jiu-h a construction ho maintained could not
land fur a moment.
Dipping Into IlUtury.
Judge Broady then stated that In the total
.bsoncc of prei cilent ho would bo compelled
t consult r the matter from a historical
ttimllKiint The Impeachment of oilleials ,
10 said h.id its origin and was imported to
, hts country from Knglnnd. In that country
i private iitueti could always and can today
> o lnieaehcd | Impeachments grow out of
ho omnipotence of Parliament and were al
ways rcMirled to liy kings who used them
us weapons against personal or public
L'nomli's The earliest ease of Impeachment
ncorded in Knglish annals was that of Uird
Lattlmer In tr.'Ui.ono of the most notable the
miioaclimcnt of Warren Hastings in 17U.1 ,
nnd the latest that of Ixird Melville In IbOTi.
Judge Hro.idj then read from reported trials
of Impo'icbment in tbo earlier history of
Kngland. showing the cruel and excessive
punishments imposed and the sllghtnoss of
the pretext upon which a public onlctal or
private ciiucn could bo impeached at the
Instance of a malignant monarch and by a
compliant Parliament. All these facts ho
quoted to show the danger , the fallacy and
the absmiitof Imposing Judicial power
upon legislative bodies.
Coming down to the history of impeach
ment in the I'nitcd States Judge llroady
took up the case of the impeachment of
Judge Chase , early in the history of the
present national constitution and quoted
1 Ailher Mill-tin , one of the fraincrs of the
constitution as well as 0110 of the attorneys
connected with tbo trial of Judge Chase , as
arguing that the constitution only contem
plated the impeachment of otllcers during
their tenu of oitlco , and that its provisions
could not foll"u an otllcial into private life
Ho then quoted a formidable arrav of
opinions from eminent attorneys and Jurists ,
allot'ulimi took the ground that a man
wh' Sum bcld public ortlce and retired to pri
vate llftim.d nut bo impeached for misde-
mci HI i aon mined during his term of ofllco.
ilmlRt' r.umil'A Itrply.
Ju Ij-o 1 " " 'nil. on U'half of the managers of
luijH 'c' nent , foiai.iuncotl his aixuincnt in
reply t > . ' : dge Uroadv atTHO. . In opening
lits 'i ' , iiri-it ho referred to evils which
r.Ught 1' ' i\ ' .1 i'on under the law of impoach-
iiHUt , mid r 'ii ndcd his uppcncMt that all
l-rauch.'s of tV law had advanced Ho
failed to understand his friend. Judge
JJrgady , when Uui latter argued that becausn
In the history of Impeachments In Kin-land
harsh and excessive punishments had been
Imposed there should be no Impeachments In
the present ago. He was of the opinion ,
however , that If some of the rcsK | > ndents In
the cases now pending were not amenable to
Impeachment , It would be wise to have the
question determined b y a decision of the
court before proceeding with the trial.
Turning to the history of Impeachments In
this country Judge Pound asserted that the
KnL'llsh principle had been adopted by many
of the original states of the union , many of
those states tiavln ? made constitutional pro
vision for the Impeachment of ex-olllcors. In
the Hclknap case the flitted States senate ,
sitting as a eouri ot impeachment , held that
an ox-olllcor of the United States was amen
able to Impeachment , and that decision had
never boon reversed by any court.
Conntlliltlotoil rroMnloliH C'onnlilrri'il ,
Kuferrlng to section 4 of the constitution
of the United States , which provides that
the president and other civil olllcors shall bo
removed , Judge Pound contended that tlio
Nebraska constitution was not embarrassed
by a similar provision. The Nebraska con
stitution provides that impeached oilleials
may tie removed from nfllco and disqualified
from holding oilier ? . Ho referred to the law-
relating to the punishment of Jurors nnd
sheriffs for corrupt acts , and claimed that If
the constitution was to be construed accord
ing to the interpretation of the defendants
In this case the entire code would be nulli
fied. No one expected , ho said , that a juror
should bo punished while in the Jury box.
He was no longer a juror after leaving the
box. but it was not denied that ho could bo
punished. Impeachment , ho claimed , was
against the person and not against thoofllcc.
Ho maintained the proper moaning of the
law was that a person who had held olllco
and who had committed impeachable nets
while In olllce could be impeached , notwith
standing his term of ofilce had expired.
I'ropirliii ; tlin CUMIN ,
At the conclusion of Judge Pound's argu
ment Chief Justice Maxwell announced that
the court of impeachment would take a re
cess until -I o'clock tomorrow afternoon.
Judge DO.IIIO will speak then for the stnto
and J. II. Ames will close for the respond
ents , each being allowed an hour.
The managers of the impeachment bled
their replication ta the plea to Jurisdiction
made by the attorneys for ex-Auditor Hen-
ton. It is very brief and simply recites that
Ucilton's plea does not state facts sudleient
to release him from answering to tlio arti
cles of Impeachment.
Judge Uo.ino stated to the court that the
state desired to ille amended articles against
ex-Attorney General Loose. Ho was In
formed by the chief justice that ho would
have an opportunity to tile the amended
articles next Monday. The changes arc but
few , and with the exception of the addi
tional specifications consist of fhanyes in
phraseology.
OHIO CO. 11. t'O.UI'.I.V/J.VS .I.S.SW.V.
l.ialillllli'S nf Unit r'oin-i-ni , V > OOOO ( > . In-
dt'liUMliti1 * * * ol Otlirr ( Ttiluiou-n.
Coi.fMiiiN , O. , April 24. Ileceivers were
appointed today for two coal companies , the
Ohio Kxehango Coal company of Chicago ,
and the Crescent Coal company.
The liabilities of the Ohio Coal Exchange
company are given at W 10,000. Of tills sum
? -ir,0,000 Is an indirect liability , caused by
endorsing and having discounted notes re
ceived in pajment for coal sold. Thebal-
anco of JlliO.OOO is a direct liability. L. K.
loty ) of Chicago is president of this com
pany. James U. Hurd of Chicago vice presi
dent , and C. Cohenour of Chicago secretary
and treasurer. This company hurl a paid-up
capital stock of j > > ( K,000. 'Iho company did
not own mining property , but wore heavy
coal brokers for thu northwest.
The Crescent Coal company owns a line
mine at Jacksonville , having a capacity of
sixty cars per day. This company was
thrown into a receivership by the Ohio Coal
Kxchange of Columbus mot the Ohio Coal
Kxehango company ol Chicago ) , because
property could not bo found to justify a
claim of 110,000 , the owner of the laud hav
ing sel/.ed the mining machinery under the
conditions of his lease. Doty is the presi
dent and Mauck is the secretary-treasurer of
the company. The assets and liabilities of
this company were not , disclosed , but Mr ,
Mauck says the failure will be a complete
one.
Other llii-lrn-.sH Trouble * .
Niw YOIIK , April 21. Judgments aggregating -
gating SIU.IKH ) have been entered against
Uussoll liros. , one of tlio oldest printing
houses of this city. Debts , about SiO.OOO.
Causoof trouble , financial stringency.
New YOIIK , April 21 Attachments for
& ! 0UOO have been placed in the shcrllT's
bauds against the Now York branch of Hen-
Jamin McLean & Co. , wholesale dealers in
hides , Kansas City , Mo.
MOXTIIIAI : , , April : M. K. Holier & Co. ,
general store , at St. Laurent , have failed.
Liabilities , $ .V > ,000.
Twur.ii , Out. . April 21. William Campbell ,
general merchant , assigned today. Liabil
ities , $30,000.
.y K.tL ll'rtll IHUirilMTIOX.
Union I'llcllie Drpol al CliuycnnCmisltlm
iilily Scorched.
CnnYESNE , Wyo. , April 21. [ Special Tele
gram to TUB HKB.j ThollHOiX ) ) depot of the
Union Pacific at this place narrowly escaped
destruction today from tire. A bla/.o started
in the bairga < ; o room from .some unknown
cause and the city tire department bad a
sharp light tj got it under control. The loss
was slight.
Shivering -amo.ioi inronli : > to tin , 1'iilr.
CIIUVBNNR , Wyo. , April24. Tlio eastbound
Union Pacille passenger this afternoon had
on beard nineteen natives of Samoa , bound
for Chicago , in charge of W. S. Moors. A
Samoan eltv will be built In Clilc.igo. On a
flat car was a boat fifty-four foot long by
eight fcot wide , made witnout a piece of
metal. The hull is of hard pine , tied with
rope fastened to wooden pins. The boat is
water and air tight and will hold forty men.
The natives were shivering with cold and
Inwardly objecting to the trip.
Iti-pm-UMl Killud liy > IIV.I.IM. |
SANTA FK , N. M. , April 21. ( iovornor
Thornton today received a dispatch from
Sliorlif Uustin in San Joaquln comity calling
for assistance and reporting that a promi
nent citizen had been killed by the Ntivajo
Indians. The governor immediately olTorod
a reward ot ? HHl for the arrest of the mur
derers nnd wired Lieutenant , Plummcr , agent
of the Nnvajos , calling on him to keep the
Navujos on the reservation anJ to investi
gate-iho caso.
.Inline .Mrl.May Snr\o ,
CiiEVi'.xsi : , Wio. , April 21. [ Special Tele
gram to Tin : Ilr.i-In ; ) the case of Johnson
county against \V. S. MoU , judge of the
Fourth Judicial district , the supreme court
today decided in favor of the defendant. The
suit was brought to tcstthoconstitutlonallty
of the act creating a now Judicial district , of
which Johnson county formed a part , and
the right of Mr. Mctz to act as judge.
- . .
Old Liberty llttli on Its .Imitit.
PIHI.AUKI.I-UIA , Pa. , April 21. The old lib-
ortv bell was placed on a specially con
structed truck this moriiln ? and escorted bi
lbo Philadelphia contingent of the National
guard of Pcnnsilvaiiia to the Pennsylvania
depot , whence , under a guard which wilt
watch it night and day until its return six
months hence , it will leave for Chicago and
the World's fair tomorrow morning. The
patriotic old relic was greeted with demon
strations as great as If H had boon a liviirj
hero. Other like demonstrations will occur
en route. At Indian-ii > ollsox-Prcstdeiit Harrison
risen \\ill deliver an address.
id : lll lliotll : llftt.T.
NiYIIIIK : , April 21. - Kd-.vin IV > oth was
bolter this afternoon. His ph.xslcian , after
a eail , appeared more cheerful than before.
' Hooth is doing well , " ho said. "Ho has re
covered the use of his ri ht arm and log.
The muscles of his face have relaxed some
what ami his ejes are clearer I think the
immediate danger of his death has passed ,
but. of course , there are still crave fears "
.Midnight-At this hour tbo phjslclau
slates It to bo his belief that Mr Uooth will
recover from his present attack.
WILL DEFEAT PROHIBITION
[ owa Republicans Determined to Hepeal
the Present Liquor Law.
HOW THE CAMPAIGN V/ILL / BE FOUGHT
Imllcutlom Unit thu Stain Convention Will
Ho Controlled liy tint l.lhpml Element
Olio of the l-Viitnrcs of tlin Ap
pro , iclilni ; Content.
DCS MOINM , la. , April 21. [ Special to Tim
UnK.J The death knoll of Iho prohibitory
liquor law has boon sounded , and Us repeal
by the next legislature Is almost a foregone
conclusion. This result has been brought
about by a variety of causes , but chiefly by
Iho failure to enforce the law in the largo
cities and the intemperate anil ill-advised
action of the so-called third party prohibi
tionists.
Whether repeal will bo carried by the
active assistance or mere passive assent of
the republican party Is an interesting ques
tion and one which threatens , unless wise
counsels prevail , to split the party.
The radical prohibition element In the re
publican party is fast cryslalldug around
Ihu resubmlssion idea and will only agree lo
a modlllcallon of Iho present law along the
line of local option nnd high license after anew
now vote is taken on the question of engraft
ing a prohibitory liquor clause in the or
ganic law of the state , being identically the
s.uno question that was voted on in ihb'J and
adopted at that time by about 1)0,000 ) major
ity.
What llolcM1 Election SIKnlllrH.
Should the party adopt this policy at Its
comim ; convention and make a winning lighten
on this platform , a vote on the quoslioii
which would have lo first be ratified by the
succeeding legislatures could not bo reached
for three years , and no change could bo
effected in the present law until Ib'JS. The
liberal clement bitterly oppose this plan as
b-jlng an indirect way of fastening prohibl-
biilon upon the state for the half of another
decade. They insist that the election of
Holes twice In succession by ineronslni : ma
jorities , while making a tight squarely on
this one issue , is ample proof that the people
ple are tired of prohibition and 'iro demand
ing a chatiL'o to some other method of regu
lating the liquor traflic.
They insist that this change In the law
must either bo made by the republicans or
else that party must tivo way to the demo
crats , who would speedily proceed to legalize
the saloon in every county of the state. They
further say that by recognizing the situation
as it is and anticipating the inevitable
result ol the coming election , prohibition can
bo saved to every community and county
when ; it is sustained by public sentiment ,
These are the views , tersely stated , that
are contending for the mastery of the re
publican party , and upon which a battle
royal may bo expected in the coming party
primaries. It is generally conceded that the
advantages in a political sense are largely
with the liberals at the present writing.
favored liy tlio I'roHs.
The state central committee , with a single
exception , is in favor of this plan and nil of
the largo and influential daily papers- with
two exceptions , have fallen in lino. It is also
conceded that the liberals will como into the
state convention with solid delegations from
nearly all the largo and populous river
counties , comprising fully one-third of the
voting strength of the convention. These it is
conlidctitl.v expected , will bo re-enforced by
the delegations from interior counties like
Hrcincr , IJenton , Cedar , Crawford , Carroll ,
Chickasaw , Fayotto. Iowa , JohnsonGrtindy ,
Jones , Plymouth and Shelby , where the re
publicans have been hopelessly hurled from
power since the party accepted the dogma
of prohibition ; also by scattering delegates
from uninstructcd counties sufficient to give
them a clear working majority of tlio con
vention.
On the other hand tbo prohibitionists RO
into the light heavily handicapped. Tlio
state temperance alliance , which has here
tofore been the invisible force the power
behind the throne which bus held the party
squarely to prohibition , and which minified
through every county in the state , will
hardly bo a factor in the coming struggle.
Its membership has dwindled away till it is
only a shadow of its former self , and many
of its active loaders have withdrawn from
the parly and will no longer bo permitted to
left up their voices In its councils.
How the I.e-Hllltilro Will Ht mil.
Even if the prohibition banner should still
wave at the head of the republican column
in the coming campaign n glance at the
probable make-up of Iho legislature shows
that its overthrow is conclusive and certain.
Of the fifty senators , nineteen antl-prohlbi-
tionist hold over , and nine districts are mor
ally certain to send back men of the same
stamp , which will give them a clear work
ing majority in the upper branch of the
assembly. The lower housj stood fit to 411 in
favor of prohibition , but Audubon county
has gene over to tlio minority since that
time by a substantial majority and Cass
will likely follow by the next election. The
republicans of Dccatur have since declared
in open convention in favor of the Gateh bill
and will iloubtless return a representative
with "liberal vle.vs" on this question. This
would throw the linal decision on the uuti-
proliihluon republicans in Iho close counties
of Mills , Monroe , VaiiHuren and Union ,
democratic success in any two of which
would be fatal to prohibition.
The situation is somewhat complicated by
the fact that a United Status senator to suc
ceed James T. Wilson is to he elected. Many ,
republicans , much as they may dislike pro
hibition , would hesiiato long before giving
the democrats a vote for a member of the
legislature , It being In effect a vote for Holes
for the United States senate.
IVoplo'rf I'nrty Not Coimldi-ri'il.
No consideration has been given In this
article to tlio so-called people's party , as it
will nol likely carry moro than fho ono dis-
trlet- Mon ma and Ida and this only by
fusion with the democrats , with whom the
member always votes on Important ques
tions.
From the above it may bo scon that pro
hibition in Iowa will only bo s-ived , If saved
at all , by a combiuatian of lucky political
accidents that do not happen more than once
in a lifetime. The liberals lacked only a
slnglo vote three years ago of repealing the
odious statute , and this might have been se
cured had the democrats "totod fair" In the
matter and been willing to divide the credit.
Prohibition mav still be aved b > the execu
tive vote should the republicans nominate
and elect a prohibitionist to succeed Holes ;
but the liberal republicans , who hold the
balance of power , will hardly permit any ono
to bo chosen governor who will not pledge
himself to sign any bill on thu subject that
may bo passed by the legislature. What
ever may bo the result. Iowa will afford
some exceedingly interesting political by
play during the coming campaign.
TO ii : > L'ATi ! : Tllli MASSIF.
( linirntl Wravrr'ri I'lim In i : tlhllih im In
dependent School of l'olltcil : ; Science.
Di : MOINKS. la. , April 2-1. [ Special Tele
gram to THE Ilr.B.j General J. H. Woavoi ,
Into candidate of the people's party for pres
ident , has Issued n circular. In which ho says
In part : ' 'livery patriotic citizen whoso
mind is awake to the necessity of economic
reform in the United States Is painfully
aware of the grout lack of means through
which to reach the minds of the people.
They reali/o that the adversaries of human
liberty these who wjuld rob and enslave
the world are full ban ted and have tno
attention and control of the masses of the
people. They control the best trained Intel
lects and n-.cst of the colleges and universi
ties of the loun'ry. So great Is the power
of this state craft that a half dozen of them
thrust Into power can batlloa majority of a
legislative body which Is really bent on hon
estly serving the people Hence the over
shadowing necessity for general , thorough
and correct Instruction of the great body of
the people upon economic questions nnd the
grave duties of citizenship must bo apparent
to nil.
"In view of the gravity of the situation I
make the following proposition : There shall
bo established at Dos Mollies , la. , an Inde
pendent school of political science , with a
llvo months term extending through the
months of November , December , January ,
February and March In each year , commenc
ing November 1 , 18J ; ) . in which shall bo es
tablished professorships with the following
curriculum : hand , public utilities nnd in
ventions , 11 nance ; transportation , constitu
tional law and legislation , suffrage , applied
Christianity and public debates.
"This school shall bu open to every citizen ,
both men and women. ' without regard to pre
vious training or education. Once in two
weeks discussions will bo hold open to the
public , when any ono of proper stand who is
at variance with our economic theories can ,
at the expense of the school , have an oppor
tunity under established rules to moot an
antagonist in open , courteous debate before
the public and can tliiis imbltely compare his
views with those refauliirly taught In the
Institution. " i
Aiuilted u YOIIIII ; l/ldy.
HnATinrn , Neb. , April 24. [ Special Tele
gram to TUB Ur.i : ] This evening about ! )
o'clock Jim Jones , a neirro employed as third
cook at the Paddock house , insulted Jennlo
Williams , a dining room girl employed in
the same house. Miss Williams resented
the insult , whereupon Johos struck her a
torrlblo blow in the face , knocking her
down , breaking her nose nnd otherwise seri
ously Injuring her. Upon the affair being
made public a largo crowd gathered and
throats of severe punishment were mado.
ORlcers Hnmlall and Spahn arrested Jones
and succeeded in getting him to the jail
without interference. Ho will have a hear
ing m the morning- .
WITO Wiviry of 1.1 Tn.
LENOX , la. , April 21 , [ Special Telegram
to Tun UEE. ] C. Woostcr , a prominent
farmer , who lived near hero , committed
today by cutting his throat. lie had been
ill for some time and had suffered some
financial losses recently and was despondent.
Li : CI.AIIII : , In. . April21. [ Special Tclo-
irratn to Tim Hin. : | Nathan H. Culbcrt ,
aged 27. took strychnine Sunday morning
and died. Hereditary insanity is assigned
as the cause.
Suit-x CITV. la. . April 2-1. [ Special Tele
gram to THE HKK. ] Alexander Nickorsou , a
real estate dealer who for several days has
boon drawing money on checks when ho had
no money in bank , today blow his brains out
with a revolver.
llrynolils' Murderer Not Captured.
CHKSTON , la. , April 21. [ Special Telegram
toTim IEE. ] In the preliminary examina
tion of James Pease , charged with being an
accessory to the murder of Thomas Heynolds.
witnesses testified that Pease threatened
the life of Jessie Morrison , at whoso resi
dence the tragedy occurred. Tbo testimony
will consume most of tomorrow. It Is gen
erally conceded that Pcaso is innocent. The
murderer , Dave Ferris , has not been cap
tured.
H. Weiss , a wholes-lie dealer in boor and
whisky , was arrested today for selling liquor
to those connected with thu murder.
I.HHt Claims SatMk'd.
Siorx CITV , la. , April 2-4. ( Special Tele
gram to Tin : UBI : . ] The last of the claims
airoinst the Leeds company were satisfied
today and this afternoon , T. A. Black ,
receiver for the company , was discharged
and the affairs of the company put back In
the hands of the directors and ofllccrs. The
company has already 'ntmngcd to take up
its old bonds with a nowljssue , which will be
the last step In the cleSrlug away of the
$ lf)00,000 indebtedness.
Will Not Itnmovo the Boycott.
Four Domic , In. , April 24. [ Special Tele
gram to THE Hen. ] The publication of the
illegality of the boycott has broken the back
of the movement to brlus the Illinois Cen
tral to terms hero. The paper Is no longer
circulated openly and merchants do not ap
pear anxious to take part lu the affair. It is
pretty well understood , however , that the
boycott will remain in force suorosii until
the Illinois Central makes improvements
asked.
Arrest of u Student nnd Illn Swnotlicnrt.
Sioux CITV , la. , April 24. [ Special Tele
gram to TUB BIE.J ; Joseph II. House , a
student at the University of the Northwest ,
and Carrie House , his sweetheart , are lodged
in jail on the charge of larceny. Carrie
worked as nurse girl for a family living in a
fashionable boarding house , and admits
stealing a great many articles which she
gave to Joseph. Property of considerable
value was found in Joseph's possession.
CloningKluux City Diinco Hull * .
Siorx CITV , la. , April 24. ( Special Tele
gram to Tin : Hun. ] The police started a
crusudo last nieht to stop all Sunday night
dances outside of recognized clubs or society
halls , such as the German turners , at which
liquors are sold , and as a result twenty-six
persons wore up in pollco court this morn
ing for keeping such places and all wore
lined for unlawful assembly. Much liquor
was confiscated and destroyed.
Urntli ut l.tmituimnt Lynch.
MAIHIIAM/TOWX , la. , April 24. [ Special
Telegram to THE UEE. ) Miss Lulu Lynch ,
lieutenant of the Salvation army hero , who
was frightfully burned by a gasoline explosion
April S , died yesterday , after a period of indescribable -
describable and patient suffering. The re
mains were shipped to relatives in Colorado
today. A rurso of nearly JIOJ was quickly-
raised among the cltUcns to defray tlio ex
penses.
DMiimntlcd u Court Mouse.
Siorx CITY , la. , April 21.-Special [ Telegram -
gram to THE HnK.J oday John Kmery dis
posed of twenty dears and a number of
windows hero. L-.itcnlt was found that last
night ho stole thorn fivmi the now Dakota
county court house at South Sioux City ,
taking them off the hljiges and casings.
Kim Down liy ik Switch
CEDAH HAI-IDS , la ] , April 21. [ Special
Telegram to THE Hci' ] Christ Kraft , a
young Norwegian in tlio employ of a mill :
dairy , while crossing thu railroad track at A
avcnuo at noon today , was run down by a
switch engine making allying switch and cut
to pieces.
Dr. ItlstliiH
CEUAH HAI-IDS , la. , .April 24. [ Special
Telegram to THE HEK.J Word was received
hero today that Doctor Henry Hlstino , one
of the most prominent physicians of this
city , was dying at Pass Christian , Miss. Ho
lias been in a critical condition for months.
c.i/.ry.v , Muitnisiimt A.\I > svouxintKL.
Mliilntoruf-Troy , N. Y.So Chunietcrlies tli
< irru Itrfuriucr.
TIIOY , N. Y. , April 2-4. > A mooting of tlio
Troy Presbyterians held today discussed the
overtures handed In by the general assem
bly. During the discussion Hov. T. P. Swain
said ho did not wish to bo known as a Cal-
vmlst , and said : "I do not llko the idea of
Cilvunlsm. Calvan was a murderer and a
scoundrel. Ho said many good things and
these i will accept , but the church should bo
the exponent of the , gospel and not of Cal
vinism "
The prcsbjtery adopted overtures to tlio
general assembly to prepare a now , short
creed , clear , concise and scriptural in its
wording , to be used by the church in har
mony with the doctrines oxpressad by the
Westminster confession of faith.
Movement * of Otvan .ttu.imrr * April UI.
At LUird Slghtod Vcendam , from New
York ; Pennsylvania , from Antwerp.
At Now York Arrived Clrcassia , from
Glasgow.
At Glasgow Arrived -State of Nebraska ,
from New York
At Southampton-Arrived Berlin , from
New YorK Saalo , from Now York.
Jinv
Iron Workers Will Go Back to Work This
Morning.
MUCH GRATIFIED AT THEIR SUCCESS
Yoitrrihiy's ( /'anfori'iicMi ItpRilltcd In u Compromise
promisetlio IH'tiUI * ol U'lllrh Are
Withhold Untlt Appro\ml by
President Clark ,
At 7 o'clock last evening it was announced
that the Union Pacille Iron workers' strike
had boon satisfactorily settled and that
after rmo week of Idleness and anxiety the
men would go back to their forges and
lathes this morning. The exact details of
the agreement will not bo made public until
after they have been olllcially approved by
President Clark , but there is no question
but that the action of his representatives
will receive his sanction.
Sunday the executive committee of the
Federation of Machinery Constructors , rep
resenting the men , hold a meeting with ( ion-
oral Manager Dickinson. Superintendent
McConnell and Judge IColly , spending Sun
day at their homos. The conference was of
short duration and the committee adjourned
until 2 o'clock yesterday , when they wont
into conference again with ( Jencral Manager
Dickinson , Superintendent ,1 H. McConnell
and Assistant ( iouoral Attorney W. U. IColly.
The session began at 2'iO : ut Union Pacille
headquarters , and at 5U : ! > they were still in
session. The mooting was conducted pri
vately , not even the clerks and employes of
the general manager's ofllco knowing what
was going on.
\\llllc Waiting Tor Nn H.
At the shops at " > o'clock It was announced
that nothing important had taken place dur
ing the day. Three or four men had called
for their time , two of whom were bosses and
one of whom had been in the employ of the
company for ten years. They had bet'ii
asked to return to work and had preferred
rather * o quit than to do so ,
A rumor had gene the rounds that Presi
dent Clark had refused longer to consider a
compromise and that all conference was at
an end. At that very time the conference
was In progress. Another rumor was cur
rent that the management had concluded to
allow Ihe men on May I to work nine hours n
day and that the men knew of this arrange
ment before they loft. This theory was like
wise considered improbable.
At Gate City ball , tbo headquarters of the
strikers , the usual crowd loitered about
anxious to receive some word from the con
ference. At li o'clock nearly 100 men wore
congregated upon the pavement at tbo foot
of the stairs , and tlio hall itself was well
tilled. One of the strikers said ho didn't
care how long the men staid out. They
needed a good rest , and as far as ho was per
sonally concerned bo could stand it a month
longer. Ho was not at all discouraged and
thought every last one of them should stay
out until the poor laboring men in the shops
could make something more than 10 a mouth
to live on.
Ili'cclvnd with lluppy Shouts.
At G0 : ! ! p. m. the conference at headquar
ters broke up and the members of the execu
tive board proceeded up town. Superintend
ent McConnull and Hurry Kastou went to
the Mlllard to sco President Clark , but
found him temporarily out , and the board
proceeded to Gate City hall. As President
IJroderick ascended the stairs a largo crowd
followed and so soon as ho announced the re
sult of the conference a mighty shout nroso
that shook the building to il.s foundations.
The men came pourlnc forth In happy mood ,
and gathering about In llttlo groups , shook
each other's , hands long and often
and -laughed and chatted as if they had
never known a care , The members of the
executive board wore the heroes ot the hour
and had such an Impromptu reception as
they are not likely soon to forgot. The men
had all boon told that an agreement had
been reached , that everything was harmo
nious , and that they should all go to work
In the morning.
Harry Easton said : "Kverything is all
right. Wo have adjusted our difference har
moniously and satisfactorily , but prefer to
say nothing about the terms until they have
passed through the proper channels and
have boon properly endorsed. Hut you can
say that the strike is ended and tbat every
body will return to work in the morning. "
Dlscustloc the Committee.
Hoplying to a question of the representa
tive of THE IJut ns to the personnel of the
committee representing the striking boiler
makers , machinists , blacksmiths and pattern
makers , a prominent onlctal of the Union
Pacific said : "Tho members of the
committee so fur us intelligence
and ability are concerned , is far
nbovo the average. Tl'o.v impress mo as
honest , conscientious men , believing that
they ha.vo grievances to right. Tlio com
mittee , while largely made up ofoyoung men ,
is undoubtedly representative in its character.
They undoubtedly want to be fair and con
servative and wo have treated with them on
that basis The grievances which thecommlt-
tee allege occurred at Kansas City , Pocatcllo
and Omaha regarding tlio employment of now
men when the force was being reduced , turn
out to bo very minor matters wiien Ihe rolls
of Iho conip-.iuj are placed before them for
their examination. In fact , the committee
allege that they did not so understand Iho
situation. "
The assertion made by a morning paper
that Mr. MeConnoll was a believer in eight
hours work is hardly consistent with tbo
coin-so of the superintendent of machinery
and motive power when ho gave notice to all
master mechanics on tlio system four days
before the Inauguration of Iho walk
out to resume nine hours work on
May 1. Mr. McConnell undoubtedly
believes that thirty-eight men working eight
hours can do more work of a certain class
than thirty-two men working nine hours ,
but as a principle he. believes in a standard
number of men working nine hours through
out the year.
TO t.o.ssmi'.ii uiiitiss. : :
IliillriKid Itrprrsimtutivr * Will Discus * tlui
It itu 11111 ut ( 'lilciio. :
A meeting will bo hold at Chicago today
at which all railroads Interested in the
operation of the maximum rate bill recently
passed by the Nebraska legislature will bo
represented.
Freight agents of all the lin-is affected by
the bill iiuvo decided to hold a conference
and ascertain just how lar the bill goes In
cutting down tariffs on their systems , and
also decide upon some concerted action in
testing the constitutionality of the bill.
This mooting lias boon called at the instance
of the general managers , and will undoubt
edly bo far reaching in its character.
FrclKht Truflle Manager Munroo of the
Union Pacific o'ido.ivorod to have the moot
ing hold In Omaha , but a majority of the
freight agents wanted" go to Chicago to
sco the "White Clt.\ , " and Mr. Munroo's
wish was overruled. Amoni ; thoio who will
bo in attendance are K. C. Morohousc of Iho
ICIkhoni , J. O. Phlllippl of Iho Union Pa-
cllic , ( icorgo Crosby of the Burlington , IClmcr
II. Wood of the Union Pacific , II. A. bnydcr
of the Uock Island , H. H. Hltciilo of the
Northwestern.
sniKiits < 'o.Ncii i : AM. POINTS.
Strain To Mechanic , Iti-loro to Work tinder
tin , ( lid Contract.
TOPKKA , Kan. , April 24. The Santa Fo
mechanics strike , which has baon in lorco
since Saturday , Aprils , was declared oflf at ,
0 o'clock tonight , after a half-day's confer
ence between the men and ihcircinplojnrs.
The company retains the new men employed
recently , but will clvo the strikers , for
whom there are no plj.s the preference in
hiring nuw men hereafter
The strlKo extended over the Atcbisun.
Topeka & Santa Fo railroad proper , but did
not extend to the auxiliary lines , and the
agreement effected this evening at Topeka
ends the strike at all points where it existed.
The strikers concede to the company all es
sential points In Issue , returning to work
under the old contract and abandoning the
claim for a new one. The question of wages
was not involved. A proposition from the
committee of strikers was submitted to fou-
cral Manager Frey Saturday , but as It cm-
bodied negotlallnns for a new contract and
for opening the sublect of wages It was per
emptorily declined. Yesterday another prop
osition was submitted , offering to return to
work under the old contract and at the wages
as agreed to prior to the strike. This was
accepted by the company upon the condition
that the new men who have been employed
should be fully protected and retain their
employment. At 11 o'clock this owning the
strikers committee accepted the terms. Tbo
best of feeling scorned to prevail at the
mootimr and all parties appear satlsllcd with
the outcome.
MAY CUT Till : KATIJ.
llnnvcr V ICIn Uriinilu Tliri'iitru Action Unit
.M-iJ I'rci-lpHntn u l'ilit.
CinrAoo , III. , April 21. The statement
made by President K L. JeiTrey of the
Denver .t Hlo ( Iraudo that before long his
company would announce a $1.1 rate between
Chicago and Colorado common points was re
ceived with some uneasiness by passenger
nirents here , and the feeling is general that
If the Denver & Hlo Urando attempts any
Such rate it will be promptly squelched.
The rate announced by Mr. Jeffrey is a re
duction of about 10 per cent from the estab
lished faro , and as the Hurlinglon and Koch
Island are the backers of the Denver & Uio
( irando In Ihe Western Passenger associa
tion any cuts In rates made by the
Denver & Uio ( irando will be promptly laid
at their doors. The Atchlson , If the $ ir > rate
bo made , will promptly make a reduction in
the rate between Kaunas City and Chicago
and then there will bo no slopping the
light.
Chairman Caldwell of the Western Pas
senger association got matters Into shape
and announced the olllcial rates of the as
sociation. They are as previously announced ,
80 per cent of the double local rates. Tbo
majority of the roads seem to think that the
rates as announced will not bo molested.
They certainly will not if the Denver .t Hlo
Grande can be silenced.
Chic.111 Cnrpi-iitm-H Strike u I'l/rlc.
CHICAGO , 111 , April 24 , 'llio strike of car
penters ordered yesterday turned out a
ll//lo. Not one-tenth of the men expected to
go out loft work , and many of those wont
back to work before tha day was over. At
the World's fair , whore the walking dele
gates claimed at least 2,000 men would go
out , the strike was not felt in the slightest
degree. The men , ns a rule , declared they
wcro making too much money to quit on the
order of the walking delegates. The strike
was practically over by evening and there
will bo no trace of it tomorrow.
Nintii : IV ( ii-t I'.v. ' D.tys Slim.
Dr.Nvr.u , Colo. , April 24. The Santa Fo
rail-oad lias announced that Its round-trip
rate from Colorado points to Chicau'o on and
after tomorrow , April 25 , will bo $11) ) first-
class passage and St. Ixniis JU , tickets gooil
until November 15. It was at first decide I
to put these rales Into effect on May 1 , and
the change has caused some excitement
among the Santa Fe's competitors. None of
them has yet decided on what plan to pursue
lo moot the Santa Fo's movement.
No Need to ICnjoln Them Now.
Pi'EiiLo , Colo. , April 24. Ch-irlos 13. Cast ,
attorney of the Santa Fo railroad , made ap
plication In the district court , this afternoon
for an injunction against lifty striking boiler
makers at La Junta , restraining them from
at templing lo porsuudo nonunion men from
working.
iloslon lloilfir Halter * Satirtllcd.
BOSTON. Mass. , April 24. The boiler makers
strike is practically ended. This afternoon
tlio Atlantic works and two other largo con
cerns conceded lo the strikers' demands for
a nine-hour day with ten hours pay. The
men will return to work tomorrow.
TOU.V vi' Jtr A -
Missouri Mowed liy n Cyclnnr Ilrt.illa Mca-
i : < ir Nohody Keportod Killed.
KANSAS CITV , Mo. , April 21. A regular
twister swooped down on Independence , Mo. ,
at 4 o'clock this afternoon , doing lots of
minor damage , but miraculously causing no
deaths.
A green , ominous looking cloud had bean
hovering over the city and the people , fear
ful that a deadly cyclone was to swoop over
Ihem , sought places of safety.
Great consternation was caused at the
Missouri Pacille yards. The operator and
station agents hurried off to a nearby gully
for safely , while Ihe yard men plica into a
train standing on the tracks and pulled into
a quarry a short distance up the road.
They wcro none too soon in getting away.
The twister dcsccndcd-upon the southwest
part of the city. Hushing along for a con-
sldoraulo distance it tore up largo trees ,
scattered sidewalks and sicns , etc. , swoop
ing its spoils before It. Kro it reached the
moro densely populated part of the city the
ugly visitor rose as quickly as it came , and
passing over the city again lighted on the
outskirts. Hero tlio damage caused a min
ute before was repeated.
As all had considerable time lo escape , no
body was killed , and whether any wore in
jured cannot at present bo learned. The
country on either side of Iho city whore tlio
c.M'lono struck is lopographlcully the same ,
beimr considerably lower than the city
proper , and tbo freak of the cyclone striking
both these spots and leaving untouched the
higher ground is wondered at. Soon after
striking the second tlmo the cyclone again
nroso and disappeared to the northeast.
Whether or not any moro damage was djno
by it Is unknown.
The storm was general over both Kansas
and Missouri tonight , and moro destruction
seems likely.
Hull Mum * * l.ir ; ; \VntiiiiIH ,
Hni.tos , Mo. , April 21. A funnel shaped
cloud appeared llusaftornoonahoutGo'clock.
From both east and west of this city reports
are coming In of damages to buildings , and
on the Martin ranch near Nuwlngton , Kan. ,
houses are blown down and forest trees de
stroyed.
The cyclone seems to have Jumped over
this town and reappeared to the eastward ,
twisting everything lo pieces in Us way.
The dwellings and barns of Dan Funk in
Haymoro township were ground to pieces ,
but none of the family wore Injured and no
casualties are yet reported. Considerable
damage is reported about Greenwood and
other points in Jackson county. Hail , largo
as walnuts , is plentiful.
Itoslon liliKitr : > . Oiler Cold.
Ilnvrux , Mass. , April 21. The olearln : ?
house directory mot today and decided to
turn over to the government half Its gold
reserve In exchange for legal tender notes.
This , it Is said , will amount to between
J.-i.OO-t.OOO and SiWOiMllM.
Assistant Secretary of the Treasury Ham-
llu , who has been in Boston a d vy or so. has
oftlclally assured Iho Huston b inking Inter
est that the government Is determined to
redeem everything in gold. The tnnlts hero
Informed Mr. Hamlin that In their opinion a
bond issuu to bo sold abroad was Inex
pedient.
I'lie I'utully Injiirrd ,
CINCINNATI , O. , April 21. Hy a falling
| wall to-lay fourteen bricklayers anil helpers
wcro precipitated 'from the fourth story to
tlio ground , ( joorgo Pull. Frank Winomuih ,
Kd Wliomuth ) , A. Shumas and Klljah John
son worn fatally injured. Several others
wore serious ! } hurt.
Hotter Mnrlcet.
ICutiN. Ill , April 21 Ui lieu Active.
sales , 13,140 lug at 33 cent > .
ABOUT THAT COLD RESERVE
Democratic Senators Differ on the Plan to
Be Pursued ,
ALL THE FAULT OF THE OTHER FELLOWS
SpiToliltlon ltrirdlllK ( : the Uonr.iii In 110
1'iirsncd liy thu AdnitiiUtriitliiM Slmr *
inui l.ivItliimrd liir lr ( sFtil Uomp.l-
ciitlon * mill It * Itrpeil 1'rufil.
WASHINGTON , IX C. , April 21. [ Special
Tolognrm toTm : Urx.l-If the present do-
inaniis for gold ubivi.itl continue HIP point
will probably be reached where tlio b.uiks
will no longer give up gold unless they sot
bonds In return for It. Ik-Tore issuing Ixmds
Secretary Carlisle will probably make qulto
n hole in tlio reserve. How low ho will let tbo
amount of gold In the treasury fall before betakes
takes Hteps to replenish it by tlio sale of
bonds Is not known , but Ills reluctance to
Issue bonds is s. > well understood that it
would not be surprising tf bo allowed tully
half of tlio reserve , or oven more , to bo ox-
bausted before resorting to tbesale of bonds ,
Tlio president , on tlio other hand. Is under
stood to favor an earlier issue of boiuls ,
Tbo matter will bo onoof the principal
topics of discussion at the cabinet mooting
Tuesday , H is understood tbat certain
democratic senators have advised against ,
the issue of bonds for political reasons ,
thinking tlio administration would la.\ itself
open to tbo accusation of unnecessarily In
creasing the bonded debt , of tlio
country.On the other hand , it
is urged by oth. rs that the early
issue of bonds would be a good stroke of
policy politically , on the argument that the
condition of the finances , which occossitntcs
the resort to the sale of bonds , was the re
sult of republican mismanagement , especi
ally during the Heed congress , when they
had both houses of oomnvss and the presi
dency , and paused the Sherman sll.'or
pmvlrisa law , which , it is alleged , lias
caused all the present dinlcultics.
Shortly before tlio passage of the Sherman
law the treasury held in round numbers
J17TKK ( ) . $ Tr,0tO ! 0110 more than the reserve
fund. Tlio Sherman law was appro\ed by
President Harrison July 11 , iso , and Immedi
ately after the amount of cold in the treas
ury began to bo reduced until January
ill , IMU , it had fallen to ? l-l 1.000.000.
Junu-irylll , ISJ. ! ) the Ihrm-es were hut $11- ! '
( KK.UOO ) , and January ill of the present year
they were but $ IOS.OUOUOU , or hut $ S.OOUIKX )
over the reserve. Slneo that time the
amount tias been maintained at nbo it tlio
full amount of reserve only by strenuous
cll'orts on the part of the oilleials of the
treasury depart men t.
The present condition of the tro.nury ban
led to a revival of the talk of an extra ses
sion of congress to act on the Sherman law.
The president has not had un.Uhimr to say
on the subject to any of his congressional
callers as yet. However , it ! > prob ible there
will not bo an extra scssien before -
fore tlio Isf of September , when
It Is understood congress will bo
called together to consider the administra
tion plan for the revision of tlio tariff. Tlio
president will doubtless at the same tiuio
take occasion In his message to urge im
mediate action on the monetary question ami
will , it is said , advise the immediate repeal
of the Sherman set.
Secretary Carlisle loft the Treasury de
partment uarlv this afternoon and could not
be seen in regard to the report from Now
York thut at a conference with New Vorlc
bankers Subtreasurer Jordan had received
SiO.OfiO.iKM ) in gold from the bankers in exchange -
change for greenbacks. The older treasury
oniclals , who served under Mr. Jordan wlulo
ho was United States treasurer , believe ho
will Do successful in his undertaking to re
plenish the gold In the treasury.
POSITION OK SKW VOIt 1C IJ.V.MtKUS.
Don't \Viint CrcenlMcliS , hot All-lit ( llvo
( Sold for Leyiil Tendi-r I'll per.
Nr.w YoitK , April 21. Conrad N. Jordan ,
the United States subtreasiirer , took pos
session of the oflliio this morning. Ho hold
a conference with the It-inkers this after
noon. The only information vouchsafed ]
after the conference was that no gold had
boon offered to the government and none had
been asked for.
Secretary Carlisle , it is afllnned. sent to
Mr. Jordan a communication which Mr Jor
dan was instructed to lay before tlio Now
York bankers , aim Mr. .Hjrdan summoned ,
tbo latter. The pr > positior. is said
to bo as to howl ) raise from $23.000.01)0 )
to K)0,000,000 gild. Amoni ; the plans
discussed wcro an issue of bonds an-l a torn-
porary loan. Kach of these plans had some
advocates. Mr. Carlisle wishes obtain
the gold supply by exchange for greenbacks ,
hut thu bankers do not wish 10 glvo it in that
way. While the conference was going on ,
It was reported that a number of bankers ,
who wore locked up with Mr. Ionian ,
favored a plan for turning over to the gov
ernment $ .T,000,000 in gold in exchange for
legal tender notes , and that an announce
ment would be made after the closing ol
business.
According to Saturday's bank statement ,
the associated banks of Now York held $72-
2.10,000 in specie. Probably more than $ oO-
000,000 of this Is in gold. If the secretary of
the treasury could obtain a portion of this
it would undoubtedly help him out In bis
policy of keeping the Kohl reserve In the
treasury as near to $10,0'Ko)0 ) ' ) ; ) as punlblo.
Tbo bankers' views h-Tctoforo have been
that , while they were williuir to subscribe )
to an issue of bonds to tide over tbo interval
noforo legislation can be accomplished , they
wcro unwilling to give up their gold in order1
that the export to Kurupa might b.j facili
tated.
A very striking event in today's business
was the break in domestic exchange. The
Interchange bank gold taken by the tre-isury
last week in oxclrinno for currency had been
rejected a few weeks before , because the
bankers stipulated that the government
should pay exchange. Last Friday the
treasury withdrew its objections and offered
the notes at New York City in exchange for
gold at Chicago. The necessary result ot
the transaction was to oi-oato in this city
heavy balances to the credit of Chicago
banks. Chicago domestic oxehango mirkot ,
Instantly suppliol with bills from New
York , broke from 80 c'-nts premium to a
figure below par. The movement of the
currency into Now York , which last woelc
reached to upwards of $1,000,000 , ceased at
oncu and the practical result is a transfer of
money from Now York to Chicago In pre
cisely the amount represented by this week's
anticipated shipments from the wosl. Along
with this curious incident comes the news of
the gold tender In Hoston , where the bauu.t
have decided to part with one-half of their
{ ' .1,000,000 gold.
If the gold resources of the intcris'.ed
banks wcro unlimited there can be little
doubt that these double transfers , vo'.ilil '
force the hand of the Now York ban ! s , and
in defense of their own reserves , If for no
other reason , they would open thi-ir own
gold hoardliiL's to the government. Hut tha
national banks ou'sldoof ' this city have little
moro gold to offer , and as thu lower ex
change on Now York falls uador transfers
already made the less is the Inducement for
Its tender. Chicago banks which siirron-
deiod gold last wool ; have made a bandsomo
turn in the market. Nevertheless tli roara
evidences of change of sentiment unions the
Now YorK banks , which ma\ lead to an otcr
to the treasury. Tbat the banks \\iiiuot.
lender gold unless In concert an t that ,
some bankers arc .steadfastly refus
ing thuir consent is prr t > well
known In llnanclal t-ircles ; beside , which ,
there IK reason to bolitivu that Iho propoil-
tloii Informally made ny the treasury oDlcluls
ha * not been generally satisfactory.
The o. < | > orls of gold to KiiMpo tomorrow
will aggregate { .i.'jixi ixx ) Of this amount
41. iuo OOi' ' will we wi'tidr ivvu from the tub-
tnas'jiv of < vhi h II iWO.OdO was uftld form
treasury note * a a i the rniuider | ; in grcuu *