Omaha daily bee. (Omaha [Neb.]) 187?-1922, June 27, 1893, Image 1

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    ESTABLISHED JUNE 10 , ' 1871. ' OMAHA , TUESDAY MOll'NlNG ' , JUNE 27 , 1893. SINGLE COPY FIVE CENTS.
BAGGED THE BASDITS
Train Robbers , Armed to the Teeth , Oaught
Just in Time.
THEY WERE HEGULAR WALKING ARSENALS
Revolvers , Masks and Giant Powder Among
the Souvenirs Pound.
PLAN TO ROB A MISSOURI PACIFIC TRAIN
Ono of Thorn Weakened and llotrayod the
Plot to the Police.
CAGED IN CELLS AT THE CITY JAIL
Detective * Met Thnin by Moonlight Alone
ami authored Them In Three Hold
IC'iuil Agcntx .Nnw In Cm-
tody In Umnlin. ,
Had the many passengers on last night's
Missouri Pacific train No. 2 , known as the
St. 1-ouls express , which leaves Webster
street station at 10 o'clock p. in. , known what
came within n few points of happening to
them at a place not wry far out of Omaha ,
they would not have rested very easily until
reaching their several destinations.
Down at the city jail last night slept three
young men who gave their names as Wilbur
licnnlngton , Al Squires and Charles McClure -
Cluro , who nro booked ns suspicious char
acters for want of n better substantiated
charge. If Ihoso three young men had not
been calleJ upon to accept the city's hospl
tnlity , however , something mliht have hap
pened which would have created Jar more of
n sensation than the mere fact of their ar
rest , and It is only the policy of Omaha's
cfllclent police department in acting upon the
"ounce prevention" plan that prevented the
robbing of the St. Louis express and , per
haps , tlio loss of several lives. When the
thrco "suspicious characters" appear In
court this morning at least two of them will
have to think very hard to s.ivo themselves
from serving thu commonwealth for some
tluio to come.
Sqiioiilod on IIU Comrnilcs.
Saturday morning Detective Ravage was
approached under tlio Tenth street viaduct
by the man booked as Bcnninpton , who was
evidently in a state of mental perturbation ,
owing no doubt to his lack of experience in
the James business , and who informed the
ofllcer of a plot between Squires , McClure
nnil himself to hold up No. 'J that night
at n point about thrco and n half
miles from the city , very close
to the "poor farm. " Bonnington
expressed himself ! . being tired of ins pals ,
and disclosed the whole plan , with the re
sult that the express car on No. " that night
carried ) besides Its regular occupants , Cap
tain Cormaek , Sergeant Ormsby and Dotcc-
tlvcs Savage , Dcmpsoy , Hayes and Hudson ,
who would , had tlio hold-up taken place i < s
planncd.havo made something of an example
of the disciplfts ot the James brothers.
But the hold-up , owing to a trilling Inci
dent , did not como off according to schedule.
It seems that at Just about tlio point where
trouble was looked for throe trainmen hap
pcnod to climb on the roof of a car to look
for tramps , and the would-be tr.iin robbers ,
thinking the trio of train men to bo a posse ,
concluded to postpone operations.
Adopted u "Sixfo" I'liin.
It Is evidently the policy of "tho gang" to
make ' 'hay while the moon shines" , for , as
soon as they had given up operations on the
. .train Job , they made prcuaratlons for an.
other , and the detectives found them curly
Sunday morning , about to enter the Diamond
Baleen on Douglas street to crack the big
.safe therein , In accordance with a program
previously arranged and which was known
to the ofllcers , who were ready for any move
the suspects might make. No arrests were
made , however , as the police wcro waiting
to hold all the trumps.
Last evening , thrco men lay concealed in a
nook in Hanscom park , Just south of the
pond , waiting for the hour when they might
sneak across the western part of the city to
the poor farm and arrive Just in time to head
off Missouri Paclllo tram No. 2. Just about
8:15 : o'clock along came Detectives Savage
and Dempsey and Hayes and Hudson , who
wore looking for thrco wouiil-bo train rob
bers about the respective si/.os of the throe
men loafing on the .south edge of the pond.
"Did you see some boys in swIminliiL'
horol" asked Savage , as ho approached the
trio. Ho had hardly spoken when McClure ,
the leader of the trio , realizing that the
.game was up , attempted to draw Ills ro-
vtlver , but was sent to the ground by a blow
from thoolllccr's fist , and in less time than
it takes to tell It Messrs. McClure , Squires
and Bcimington wcro disarmed and under
arrest.
Knxulur WulKliiff ArioimH ,
On them wore found live heavy-vallncr re
volvers , all loaded , and a lot of extra cart
ridges ; two black silk masks ; about ton
sticks of giant powder , with fnso and deton
ating caps ; a small hottlo of benzine , with
which to saturate the coating of the fuse
and make It burn rapidly , and a gr.iin sack
for carrying thu expected "swag , "
As soon ns McClure fojnd himself In the
hands of the oftlcers and realized that ho
had Iwcn betrayed , ho was furious. "Just
plvo mo my gun ono minute , " ho raged , "and
you won't need to take mo to any station.
There's a station where this , "
pointing to Bcnnlngton , "whore ho and I
would go together , too , d d quick 1 1 told
.you , " ho went on , turning to .Squires , who
wan remaining discreetly silent , "that that
fellow wls either n d d good man or u
scrub. You see what , ho Is , "
CM i ; I'd lit til" Station.
The men wcro taken to the station anil
Iwoltcd ns above staiou , helm : , of course ) ,
locked in separate cells. It Is n .splendid
Job on the part of thoolllcers , and ono Ju Jr
which Detectives Kavngo and Dempsey an
entitled to much credit , Mr. Denumgton.
who "pavo the snap away. " Is also cntilleii
to inoro or loss credit for being sensible
enough to "squeal" on his pals and sav <
himself a term In thu penitentiary or ; i
bullnt pijncturi'd hide , which latter , however ,
ho may i-aiiililmitly expect lo gut any way
If Messrs , McClure and Squires over got r
shot nt him. The climate of thu Antipodci
will Just about fit Mr , liuiminston as soon a ;
ho can pc' to It.
The cimo WIIH worked up by the detectives
with cplrndld Judgment , and It Is not llkelj
that a similar plot will bo hatched In Omahi :
for some tluiu to como
I'liin ul' tlio Itoljliorv.
The plan of the robbery was to flag th <
Missouri Paclllo train , which leaves tin
Webster street station nt 10 o'clock in tin
evening , Thu men went out to thu south
west corner of Hanscom park , and fron
there it U only n short walk to the viciuin
of thooouuty ixxir farm south of which C
ii deep ravine or gully and Is oiieofUu
most lorn-some plua-s imaginable. Tuli
ravine leads down to the MU
lourf PAcUlo tracks and li
suited for such desperate deeds as were
contemplated by these men.
When the train reached this point the
engineer wan to have been flagged , and the
men wcro going to cover the cnginemcn
with their guns , whllo onoot them ran back
and cut off the express and baggage cars
from the passenger coaches. The engineer
was to have then been compelled to
pull the cam up the road a mile or two and
then force nn entrance Into the express car
and blow open the safe with iiynamlto. Their
plans were well laid , and but for the prompt
action and vigilance of the detectives must
have been carried out or else resulted In the
loss of several llvrs. The desperate men
reckoned not on failure and tholr leader was
nanguino of success. He had carefully
mapped out the route and had personally
mndu several trips over the ground. Ho
Intimately knew every foot of the space to
bo traversed and with a keen foresight
worthy of a better cause had selected the
best points that could be found anywhere
along the whole Missouri Pacific system for
such a bold attempt.
lint llccn There Ilcforo.
Charles McClure Is no doubt the ring
leader ol thu gang and ho Is a desperate
fellow.
On being taken to the station it was seen
that ho was wounded through the left shoul
der and the bullctholc , which is a largo one ,
has not yet healed. He had told ncnnlng-
tou a few days ago that ho received this
wound while ho and another gang were tryIng -
Ing to rob a Kansas City , St. Joe and Council
Bluffs train about two weeks ago. Tnat
time tho'robbcrs tried to stop the train at a
small station several miles below Council
Bluffs and were foiled by the express mes
senger firing several shots nt them. It is
thought that McClure was ono of this gang
and received this wound at that time. Ho
had a silk mask in his pocket ns well as a
handful of cartridges for the guns ho car
ried. In his pockets was n bundle of sur
geon's linen which ho was evidently using
on his wounded arm.
Ho was most vindicative against Bcnnlng
ton and frequently said ho would ' -kill the
chicken-hearted cur at tlio first opportunity.'J
and ho evidently meant what ho said , He
also is alleged to have claimed to have been
a former partner of Jim Cummlngs , the
noted train robber from St. Louis. The
oflleers think McClure is ono of the gang
that was captured several days ago in Coun
cil Bluffs and lcd { Oak and that after mak
ing his escape ho organized this crowd. It is
also quite likely that ho is the lone robber
who tried to rob the same train on the Mis
souri Pacific road , but was frightened oy a
switch engine. Then bo had forced the civ
gluemcn to stop and might have been suc
cessful only for the timely appearance of the
switch engine. Ho Is a dangerous character
and the olllcors glvo him considerable credit
for daring shrewdness.
Stiir from Siirpy Comity.
At Squires , the third ono of the gang ,
lives in Sarpy county and is the son of a man
who is larmlng on the old Morgan placo. He
is alleged to have been a bright and sliinluir
star of the gamr who used to raise old
Harry around Sarpy mills , and is also
alleged to have shot a Fort Omaha soldier
during a quarrel over n woman at Bellevue
some tlmo ago. Ho has had aspirations to
be a tough citizen , so it is said , and was
thoroughly In sympathy with the desperate
scliwnes of McCluro.
While the ofllcers wcro strugcrlinir with
the men. Bcnnlngton threw his arms around
Squires' m-ck while Detective Dempsey
grasped his gun. Bcnnmgton was more
afraid of Squires than ho was of McClure
and said that , had the attempt to rob the
train been carried out , hi would have killed
Squires as soon as the ofilcers put in an ap
pearancc , for ho was afraid of the fellow.
The trio , together with Squires' wife ,
boarded with Mrs. Morgan at No. ITJUSouth
Fourteenth street , but It appears from the
evidence thus far given that they were not
suspected by the people of the house o"
being what they aro.
MtCluro U'in In tlio I.iit ; One.
McClure , who has done most of the talking
so far , scorns anxious to got himself into
trouble , possibly for the reason that if ho
doesn't do it himself , Bennington is likely to
do it for him. In addition to the excited re
marks made by him immediately after his
arrest , ho unbosomed himself to Sergeant
Ormsby last night on various subjects ,
among his confessions being the declara
tion that ho was the man who
halted the train near West Side a
couple of weeks ago on the
occasion that the intending robbers wcro
frightened away by the approach of a switch
engine. Mr. McClure will probably feel
quite sorry for himself when ho finds where
ho is at , and his own damaging admissions
will bo principally responsible for bis grluf.
VllEKOKKU StTieil * JHIXDS.
OMlcerH of tlio Xntlon Itccolvn a Karornblo
OfTiT lor Tin-in.
KANSAS CITY , Mo. , Juno ! iO. Treasurer E.
13. Starr and Delegate J. T. Cunningham of
the Cherokee nation have arrived in Kansas
City to confer with the directors of the
Missouri , Kansas and Texas Trust company
relative to tlio sale of Cherokee strip bonds ,
which amount to 50,010,000. Messrs. Starr
and Cunningham came from Chicago , whore
S. U. West , representing the Missouri , Kan
sas and Texas Trust company , had sub
mitted the outline of a proposition which
the Cherokee representatives say they
consider the most favorable yet offorcd ,
barring ono or two details. It was to
obtain the proposition in n definite
form and to bring about the elimination
of the objectionable features that the two
prominent Chorokccs came to Kansas City.
They will bo here until Wednesday. The
Missouri , Kansas & Texas is said to bo act
ing for eastern parties , whoso names are not
disclosed. Christie .t Jannoy , bankers of
New York , also bid for the bonds , whllo the
Cherokee representatives were in Chicago.
President Arthur 10. Stlllwoll of the Mis-
sourl , Kansas and Texas Trust company had
this lo say in regard to the matter : "I am
sorry that the matter Is creeping into thu
papers , for we tried to keep it secret , and I
cannot understand how It leaked out. Since
it has become public , however , you may sav
that we nro negotiating for the bonds. I
will not say moro than that now. Intho
course of a week or so wo will ho in a posi
tion \o glvo something moro definite on the
subject. "
A UIllKll JtKXXUGKV IILIKKUV.
llrotln > r-ln-r.iMVfl nt I'url * Iluvo it right
with 1'iitHl ItrsullH.
PA His , Ky. , Juno 20 , At 'J o'clock this
morning H. B , Hutchcraft shot and killed
Daniel Stewart in this city , at the corner of
PluasanV and Third streets , This Is a kill
ing that has been looked for and its result
Is not a surprise. Hutchcraft is the head of
the largo wholesale commission firm , and is
ono of the wealthiest men in the city , Stew
art was a farmer , residing Just over the
Bourbon line at Mulr station , About cloven
, months ago Mrs. Daniel Stewart , who was the
sister of Hutclicraft , was killed with a pistol.
Stowurt claimed she hud committed suicide ,
but her relatives claimed that ho had killed
. her. From loiters written by Mrs , Stewart
to her brother , Hutchcraft. It was learned
that Stewart had treated bis wife In a most
unmerciful manner and had gone so far as to
: threaten to kill her , Since her death Stow ,
art has , on different occasions , attempted to
raise a dtsttirDanco with Hutchcraft and ho
; Invariably walked away and refused to
.iunrri-l , This morning the men met on the
street and thn killing grow out of Hutch-
craft' * refusal to surrondcr the letters to
Stewart. Hutchcraft was severely injured
by Stewart , who hit him three times on the
( it-ad with a loaded cane.
- IIU llurdiiiu Too 11 envy.
JCiNis CITT , Mo. , June36. D. B , Hunker ,
cauio to Kansas City about a weak ago from
Colorado Springs , was found a cad In his bud
B at the Bucna Ventura hotel this morning ;
Ilia death evidently resulted from morphinu
poisoning , though whether with suiciaul in
tent is not known , as he left no word , ills
parents live lu HllUdalc , Mcb ( , , and have
ueou notified. Mr , Hunker occupied a good
busincis positlou in Colorado Springs ana
was a man of education.
STOPPED COINING SILVER
Imlia Mints Have Bean OlosoJ to the White
Metal.
EFFECTS UPON THE COMMERCIAL WORLD
StiitcmcntR Simla In the Homo of f.onU
nnil HOUHO of Common * U'liHlas fur
Action on tlio 1'nrt of tlio
Uiiltcil Mitten.
Juno 20. Telegrams from Cal
cutta say the Indian government has
stopped the coinages of silver for private ac
count t the mints.
In the House of Lords today , 12arl Kim-
berleysecrotary of state for India , stated that
the Indian council Und passed an nut for the
Immediate closing of mints to the frco coinage -
ago of silver and that It was Intended to In
troduce a gold standard In India , though
gold would not lie the solo legal tender.
In the House of Commons Mr. Gladstone
gave Information similar to that given In the
House of Lords by the earl of Klmberloy. Ho
added that gold would not bo made a legal
tender at present. Uepardlng the silver
now on the way to India , Mr. Gladstone -
stone said that the Government of
India had been instructed that it was
open to it to aUiult this silver If it
thought lit.
Silver In Circulation In Inilm ,
lit. Hon. Goschcn , formerly chancellor of
the exchequer , asked if the admission to frco
: olnugo of silver now irolng to India would
ot establish a great "injury , or effect the
estructlon of1 such silver ns was in the
> ands of the natives. Mr , Goschcn said
hat the value of silver possessed by the
atlves amounted to 100,000,000 rupees.
Koplylng to Mr. Goschon , Mr. Gladstone
aid that ho was not in possession of precise
iiformation , but ho assumed Unit the Indian
overnment would not nmuo discriminating
rnuigotncnts. Doubtless most of the un-
olncd silver referred to by Mr. Goschon ,
vns in the form of ornaments , worn by the
atlvcs.
The correspondence between the govern
ment of India and the India ofllccs has been
sailed. It opens with a letter from the
nillii council , under date of March , 1SU2 ,
irgitiB the homo government to aid In the
lOttlemcnt of the silver question by an inter-
ational agreement , tailing in which , not to
ofor determining upon an Indian policy , as ,
fan international agreement should not bo
ibtaincd , the United States might suddenly
top the coinage of silver , leaving India un-
ire pared ,
The other communications disouss the fall
.11 rupee values and the fluctuations in the
ales of exchange.
Waiting on the United State * .
The council , in a letter written in June ,
81CJ , advisi-s that if the international mone-
ary conference at Brussels fails and a direct
igrccmcnt between India and the United
States canuot bo obtained , the mints of
ndia bo closed to the frco coinage of silver
ind a gold standard bo introduced.
Mr. Barber , ilnnnclal secretary of India ,
ipposed the stoppage of frco coinage until it
becomes evident that the United States will
not adopt free coinage. Mr. Barber esti
mates that the total active circulation ii :
nilia amounts to 115,000,000 rupees , while
i much larger proportion is hoarded.
To establish a gold currency , with a full
legal tender currency composed entirely of
gold , it would bo necessary to withdraw
Trom circulation 1,150,000,000 rupees , re
lacing thorn by 77,000,000 in gold. Ho
therefore contends that with a gold standard
in India a largo proportion of the circulation
must continue in silver , with silver a legal
tender to any amount. If both metals bo
maintained in circulation , n gold coinngn to
the total amount of 15,000,000 will sufllcc.
Mr. Jxmg , In a minute to the council in
August , IbttJ , discusses the adoption of the
gold standard and concludes by suggesting
the ratio of conversion be about 1 to 20.
In a subsequent telegram from the carl of
Kiinborloy to the viceroy of India , dated
Juno 7 , lbl > 3. the former announces that the
recommendations of the Herschcl commis
sion will bo adopted by the council at Simla
today. In anvlsing the Indian government
to exchange gold til the rate of 0 pence to
the rupee , tlio commission says that the
object is to guard against a sudden consid
erable -rise in exchange. Hereafter the
ratio ought to bo raised if circumstances
make It advisable.
HY NHW YUltlC I'INANCIIIKS.
They Tell Wllllt They Know About the
Silver Onegtlon.
NEW YOUK , Juno SO. The cessation of
free coinage of silver by the government of
India was a fruitful source of conversation
among financiers today. Business was re
sumed this morning with a general feeling
of tlepression. growing out of a combination
of unfavorable circumstances. Fresh failures
from various parts of the country and
stringent money were a good foundation lor
the announcement of the stoppage of Indian
silver mints.
A prominent banker , who Is also ono of
the heaviest silver bullion dealers on Wall
street , said to a reporter when the announce
ment came , "That is n crushing blow to
silver. The effect will bo paralyzing upon
the whole silver market , and I think the
settlement of the silver question in this
country is now at hand , The mints liuvo
bcciropen for frco coinage , and suqh im
mense quantities of silver have been repres
ented by private parties and the circulation
of silver became so great that the price of
the Indian rupee has been declining steadily
for months. This has brought about the
suspension of free coinage. It 1ms been done
by the ofllclal class of the country. Their
pay Is In the India rupee , and they wcro be
ginning to sutler seriously from its deprecia
tion in value. "
liullii It n Creditor Country.
Still another largo bullion shipper had tills
to say : "I don't sco how the action of the
Indian government in closing mints will
much diminish the demand for silver in
India. Inlia is a creditor country , and I do
not sco how her halanco of trade is to bo
settled ave In the old way , by Imports of
silver. If thu mints are closed to private
persons then thu government will have to
import silver for coinage purposes In place of
private parties. The only possibleway in
which India's demand for silver would Do
lessened would bo by the cessation of
the expansion of her exports In con
sequence of the low prices of silver.
"Las > t year the excessively low price of
silver made the total Imports by India ,
China and the Straits very much larger than
the avcrago of previous years , ind ) so far
tills year the imports by thcso three coun
tries are ahead of last .year. Tlio govern
ment will bo compelled to do as the Indian
hanks do : i.e. , buy.silver in thu market m
London. It is not stated this morning
whether the gold value of the rupee Is fixed
at 10 pence , but from business in rupee paper
in London , it would scorn that this is tlio
cuso , The effects of "this is that BO far as
Indian trade is concerned the fail of silver
is stopped.
"Thoso who will gain by any further fall
In sliver will bo thu Indian government , who
will make the uifferonco between the bullion
value of silver and thu coined value as our
government docs hero on every silver dollar
coined. Tlio depreciation of the rupee , how-
over. Is stopped. The recent fall in silver
has been in anticipation of this action.Vu
do not sco that beyond sentiment , the silver
market was prcatly affected. "
_ . At Ilio Knbtri'UDiiry ,
At the subtrcasury the payment of Inter
est on thu United States 4 per cent bonds ,
UuuJuly 1 , began today , Over fl.OOO.OJ'J
.was paid out before the close of banking
hours. On Saturday $ . ' 00,000 was sent out
in chocks by mail In order that the bond ,
holdnrs out of the city might receive ihcir
interest at the sumo time that payments
began hero. The total payment will amount
to $0,000,000. Most of this sum , it is ex
pected , will go through the clearing house
The checks for thoClniercst are dated
July 1 , but will bo p.ild on prescnta
' .Ion. The payments will not bo completed In
two or three wcnks , The prepayment of the
Interest , It is said , wllUmvo n very benefi
cial effect , ns the monojv paid out this week
would all be returned into circulation and bo
available agnln by July 1.
"But , " ns ono bank president said , "al
though the boil has burst the sore place will
not bo thoroughly hc.ilod until after the
Sherman silver la\v has been repealed , and
the sooner President Cleveland calls congress
together for that purpose the bettor. "
During the day the highest rates quoted
for money was 40 per cent. At S o'clock It
wa < offered at 8 per cent. The high rate ,
lowevcr , caused many holdings of stocks to
bo thrown overboard , brokers not caring to
carry them for their customers.
Telegraphic transfers of ? 120,0)0 ! ) to San
Francisco wcro made through the sub-
treasury today. After the close of business
application was received for a transfer of
& 25.000. In addition $ 'J.V,000 ) In currency was
sent by registered letter and express to the
Pacific coast.
Clearing llouso certificates to the amount
of $450,000 wcro issued today.
ITS liPl'HCTM AT WASHINGTON.
Secretary Curlmlo Hun n I/one Continuation
with President Cleveland.
WASIIINOTON , Juno SO. The president ,
Secretary Carlisle and tlio financial ofllcers
of the government , generally , received their
first authentic news of the startling action
of the government of India suspending silver
coinage through the press dispatches.
There had been rumors on the subject
earlier In the Jay , but they wcro passed
upon ns rumors only , though their
ubstanttal accuracy was not doubted.
Vhcn the report of Mr. Gladstone's an-
ounccment in the llouso of Commons and
x > rd Kimberloy's statement in the Homo
if Lords was resolved the gravity of th < 3
Ituation became at once apparent. Mr.
Carlisle wont over to the white house and ,
'or nearly two hours ; discussed the bearings
i this action with the president with-
iut arriving at any positive conclu-
ion. The conference was renewed
t Woodland , the president's suburban
etrcat , later in the evening , and
ras protracted until far into the
Ight. The circumstances are regarded as
06 serious to permit any authentic oxprcs-
lion of opinion as to the future policy of the
United States until all the facts ? nro fully
ligested. This much , howorcr , can bo
tatcd with absolute conlltlencc , that the
ction of the Indian government In closing
ho India mints to the free coinage of silver
regarded by the United States as doing
way with the necessity for reconvening
ho monetary conference. It is not believed
hat this action was lalccn without express
irdcrs from the English government'which
las general supervision and control over In-
linn affairs.
Information obtained from the Treasury
ilopartment shows that the world's product
Df silver during the last lisc.il year was 152-
300,000 ounces , of which the United States
purchased 4,000,000 ounces outside of silver
used in the arts , wh6h ! IB estimated at about
7,000,000 ounces. This 'makes the United
States and India's combined use 100,000,000
iunccs of silver , purchased last year , leaving
0,000,000 ounces of silver for use in the arts
n tlio other countries of the world.
Since 1835 India has coined silver freo.
During the last calendar year the Indian
government coined 40000,000 ' ounces. Since
ho passage of the Bland and Sherman acts
ho United States has coined 420,000,000
mnces of stiver. jOf the amount of silver
purchased under the Sherman act 157.000,000
junces remain uncoined in the vaults of the
rcasury. " '
Treasury oflleiaK opposed to the free coin
age of silver , while admitting that this rad
ical action by India'will ' temporarily result
to her disadvantage. b611ovo a reaction will
take place. It is pointed out that her experts -
ports of merchandise and cereals largely ex
ceed her imports , and now that the value ot
the rupee , the common money of the country ,
"s Indefinitely fixed at ono shilling and four
icnco (83 ( cents our money ) , the
oss which she has suffered hereto
fore in the fluctuations of the value
of the rupee will bo done away with , and
largo hoardings of gold existing in India will
soon begin to bo brought from their hiding
places and bo converted into coin. During
the last fifty years tlio not imports' of gohl
into India aggregated about 8,000,000.
These views , of course , represent only the
anti-silver side of the question. The sud
denness of thu springing of this action has
hardly yet given the silver men time to de
cide.
cide.Senator
Senator Stewart is at the present the
only prominent silver man in Washington
All the members of the cabinet except Sec
retary Gresham are In the city.
IMCCMM : I.N
I'romlnent Colorado Citizen * Glvo Tliclr
VlnwH on thn Situation.
Dr.xvF.n , Juno 20. The unprecedented decline
cline in the price of silvpr today has createi
almost a panic in Colorado. Mr. David II
Moffatt , the largest mine owner in the state
was seen this evening by a representative o
the Associated press. The many-times mil
Honairo was very despondent. "Tho sltua
tlon Is grave , " ho said. "I have wired fo
all my managers to como to Denver at once.
Seventy-seven cent silver mined hymen paid
$15 a day means loss to the mine owner
who has not a fabulously rich mino.
What to do under the circumstances
is the question. In the mines I control there
are fully S.OOO men employed and these people
ple furnish food direct for fully live times
that number 10,000 souls. Outside of this
are the employes of thu railroads , of the
smelters , of the oil wells , of the coal mines
and the multitude of middle men , generally ,
who are all directly affected in the working
of the mines. ' To close down thcso proper
ties in which I am interested means the
breaking up of hundreds upon hundreds of
homes. The loss to mo Is trilling in comparison
to these people. But not only will the miners
suffer ; the owners of stocks and bonds in thu
Hio Grande , the Midland and thu Union Pa-
cillo will nil como in for their share. My
idea now is to propose : to the men in my em
ploy that Instead of paying U a day they
shall be satisfied with two-thirds of that
sum , unless silver should rotum to a fairly
reasonable price. If they do not accept such
a proposition I shall be compelled to shut
down all my properties. "
The loss that will ha Involved by the clos
ing down of the hundreds of mines in this
statu , which are directly allied with coal
mines and smelters , and the loss to railroads
and so on for onoyoai' will run to hundreds
of millions of money.
Senator Wolcott said ; "If an extra session
of congress should be called today the Sher
man law would not "bo repealed ; times are
dark enough to indicate that a streak of
light muit break In from Bomo duvet ion
soon. This means Immediate disaster to
western Interests , but way bo u blessing in
disguise , If wo can hold on. As wo suffer ,
the disaster entailed to Great Britain Is
worse , anu a contmurd fall in lh > * price of
silver must force an intcrnatlonu. agree
ment. Meanwhile , i ( Is to bu remembered
that silver is it ) nqwlsu responsible for the
present unfortunate condition of affairs.
There are two causes , leading to the present
trouble. First , English colonial losses ,
which have compelled holders to realize on
American securities ; second , that wo buy
more than we sell , "
I.invest I'rlcu ICvor Kt'iichod.
WASHINGTON- , Juno 28. The market price
of silver today reached the lowest point In
the history of that product. On Saturday
the London price , which guides the director
of thu mint in his purchases , for the mint
was in } pence , or about 81.8 cents in this
country. This morning the price in London
was HO pence , or about 78.8 cents in Now
York , a drop of three points. The cause of
this depression was assigned by lr , Pres
ton , thu acting director of the mint , ns duo
to the rumor , which is probably true , that
India , ono of thu largest silver colnlncr coun
tries , is about to close her mints to the white
metal ,
t'lotliliij ; Jir.ilvr * I'll 11.
NEW YOIIK , Juno 20 , Mann Brothers ,
clothing , have failed. Liabilities , 1,000,000.
TP i \ trIMTPXT t T i ( ni nnnxTT
SI AND EVEN AT LAST COUNT
Reichstag is a Tie on the Question of tlio
Military Bill ,
GREAT EXCITEMENT EXISTS IN BERLIN
Government Mnkcg Uro.tt ( Inlm In the lly-
Klcctlonii , lint HIM Not Yet
to Curry Its I'olutVluit the
Count Shows.
ICofiyrt'jMetl fS.WJiy Jamt * Oonl < /JemitH.l
Bcitux , Juno 23. [ New York Herald Cable
-Special to TUB Bnu.1 The results of the
election today show : For the military bill
Conservatives , 03 ; rclsch partcl , 18 ; liberals ,
13 ; frclslnnlgc , 11 ; Poles , 18 ; centre , 8 ; anti-
Semites , 11 ; Alsaccrs , 2 ; Danes , 1. Against
the military bill Frclslunlgc , 'JO ; volks par-
Id , 10 ; centre , 87 ; social democrats-15 ; Al
saccrs , 8 ; Quclphs , 5 ; making 175 for each
side.
Excitement is high and the government Is
likely to win by n small majority.
UXDEIt lIltlCKtl AX1) MintT.llt.
Collupio of n KtinanH Hotel llurlcs Jinny
FOUT SCOTT , Kan. , Juno 20. The Trcmont
house collapsed 00 : ! ! this morning without
warning to the 100 occupants. It Is believed
live or six are buried in the debris.
The house was of brick , four stories high.
The entire cast wall fell , followed by three
floors and their load of occupants.
Knsio Colwell , a girl of Klncade , Kan. ,
has Just been taken from tlio ruins badly
hurt.
The danger of other parts of the building
falling prevents a thorough search for
bodies in the ruins.
Twenty-seven occupants have been taken
from the second story on the west side by
means of ladders , and others escaped through
the regular exits.
Ida Morgan has Just been taken from the
wreck badly injured.
Almon Woodnrd , son of the _ proprietor ,
was badly hurt , but not fatally ,
Mechanics are at work strengthening the
walls so that a thorough search can bo made.
It is believed the accident was canned by the
recent addition of a mansard roof , which
was too heavy for the foundation.
xinit.ti > itj.\i > .IT 3
These Who ItocNtxruil at the Htiito llulld-
liifT Yostcrdny.
CUICAOO , Juno 20. [ Special Telegram to
Tun BEB.J Senator Charles IV. Manderson
and Mrs. H. S. Manderson of Nebraska vis
ited the fair today , accompanied by Miss
Elizabeth II. Black of this city. Senator
Manderson will remain hero until July 5. He
Is staying at 23 Aldlnc square.
Among the Omaha pcoplo nt the state
building wcro : Mrs. J. A. Conner , Emma
ti. Cramlall , S. H. Davis , Watson Webster ,
O. K. Dollccker ana wife , Leo B. Vancamp ,
H. W. Lakoy , A. L. Uamlnll. F. O. Jackson ,
Fayetto Cole , C. W. Nason , E. E. Bryson ,
Helen S. Norton , " F. M. Hussell , J. Bovlc ,
Lewis Bochno , "Phil McMillan , P. A. Me-
Govern , Mrs. P. C. Hall , Gertrude Cham
bers , L. H. Korty , Thomas Geary , G. M.
Lainbcrtson and family.
Atttiiulnnco lit the Fair.
CHICAGO , Juno 20.--Special [ Telegram to
TUB Bnc. ] A table of paid admissions to
the fair since the opening May 1. Including
today , shows the total attendance to
have been ,91H,171 , as follows :
Total for May l,734-37
Plxth weak , Juno 4 to 10 001,005
Seventh week , Juno 11 to 17 7L'3'JH7
Eighth weak , Juno 18 to 25 704-lOU
* The fulr was closed Sunday.
irilEy TJIK HAVE IS EXDEl ) .
Whom tlio Cowboy * Will Hogistcr on ICutcr-
liiff Chicago.
CHICAGO , Juno 20. [ Special Telegram to
THIS Br.c.1 The arena ot Buffalo Bill's Wild
West will bo the final registering place of
the now closely contested cowboy race from
Children , Nob. It is reported that this con
test , though extending over 1,000 miles has ,
through the instrumentality of Colonel W
F. Cody , Secretary Harvey Weir , Nate
Salsbury and Agents Tatro and
Fontaine of the Society for the Prevention
of Cruelty to Animals , aided by the con
siderate conduct of the riders , affected its
purpose In contrasting the possibilities in
the horse when humanely treated to the
sad results of the Austro-Gorman race of
last year , The horses nro expected Wed
nesday some tlmo. The victor and his com
petitors will bo received by the Wild West.
line nilihlluton lrop Out ,
DuiifQun , In. , Juno 20. Dee Mlddleton ar
rived at 8J5 : this morning and quit the raco.
His horse was shipped to Chicago.
OXE JlOItX JSl'KKY JI1XUTK.
Nebraska Clty'n I-nlcut Contribution to the
Army tlmt Never Din.
LIXCOI.N , Nob. , Juno 20. [ Special Tele
gram to Tun Bun. ] John MoKay of Ne
braska City formed the acquaintance of a
stranger on the train onrouto to Lincoln
today. Upon their arrival they repaired to
Bowns' saloon near the depot , where the
stranger got into n game of dlco for monoy.
Ho asked McKay to change a V for him ,
and when the latter pulled out a roil
of $90 , the stranger carelessly shoved It out
.ami hot the whole boodlo. Ho lost and just
then another hove Into view and led Mc
Kay's two new acquaintances away , claimIng -
Ing to uo u detective , while ha cautioned
McKay to remain where lie was until called
for. Ho was never called for.
A banker from n neighboring village was
also relieved of ? 10 by n confidence game
worked by the same thrco fellows.
o
J.ITTLI : jxrjsicnsr M.IXIFE&TKH.
Intcrttato Uilhvay Convention ut Lincoln
Atrructlii'- Attmitlon ,
LINCOLN , Juno ' . ' 0. [ Special Telegram to
Tun llKE. ] A small meeting of citizens was
held tonight and committees appointed 01
reception , flnanco and program for the nort )
and south railway convention , which will
meet at 'J p. in. Wednesday In representative
hall. But llttlo Interest was manifested
there being only about a dozen present ,
Among thorn were : Jay Burrows , C. II
Piertlu , G. W. Blake , Mayor Weir , J. II
Craddock and oneor two other populists
Among the commltteomcn selected hut fou
were present. Unless there is un ; iwaUeiilnj.
today Lincoln will not uxtcnd any very pre
tcntlous welcome , The committees wll
meet at 10 a , m , tomorrow to complete ur
rangements.
Injured In it Kuimwny.
NoitTif BBSII , Nob. , Juno 20. [ Special Tel
egram to TUB BEE. ] Whllo out riding thl
evening Mrs , John Collins1 horse took fright
throwing Mrs , Collins from the buggy nm
breaking one of her arms and otherwise in
Juring her.
Il 3itn > ui Cyclone.
KANSAS CITV , Mo. , Juno 20. The Star'
Wichita , Kan. , special says : A privat
message rccclvnd hero says that a cyclone
wrought terrible havoc at Oakloy , In Ix > gan
county , last night. Details nro lacking ,
AlMt/.Y VITV FAIIAJKKS.
President of the Cnhlo Co in puny Itcqucsts
n Iterrlvor.
Sioux CITV , Juno 20. [ Special Telegram
to Tun Ben. ] John Pierce , president of the
Stoux City cable road , filed a i > otltion today
in the district court , asking that n receiver
he api > olnted for the company. Ho states
that thu company stnco It started has lacked
$7i,000 of uaying operating expenses and
that It has been unable to rcallro on its
bonds , which were tied up with the assets of
D. T. Hedges when ho failed. The company
owns four miles of cable road , elcctrle light ,
power and steam heating plants valued nt
$ . )00KK ( ) . No statement of liabilities has
boon given out.
Chris Mohler , superintendent of the road ,
was appointed receiver.
K. C. Tompklns was today appointed re
ceiver ot the defunct Union Stock Yards
banit , giving a bond in the sum of $175,000.
Sloan & Tappon , grocers , failed today.
Chattel mortgages for $ ICOO were given to
C. M. Swan on stock and u bill of sale lor
$4,700 to him , transferring accounts , notes ,
etc. Swan Is attorney for the mortgagors
and will dispose of the property for the ben
efit of creditors.
Stnto .M I'd I nil iximinorii. :
Dr.s MOINKS , Juno 20. [ Special Telegram
o TUB Bin : . ] The State Board of Medical
Examiners will moot tomorrow and deter-
line whether or not certain medical colleges
re to bo recognized by the Iowa state
ward. Since the last mooting several
raduatcs from these colleges have made np-
licutlon for certificates but the board had
over taken any action on the question.
Secretary Kennedy refused to grant cor-
illcates. In consequence of this the special
esslon was called The colleges In question
re the Columbian university of Washing-
on , D. C. , Barnes Medical college of St.
/Jills , Hcring Medical college of Chicago ,
S'orthwcstcrn Medical collegu of St. Joseph ,
\Io. , Baltimore Medical college of Baltimore ,
Cnsworth Medical college of St. Joseph. Mo. ,
ollc.sc of Physicians and Surgeons of Kco-
uk , St. Louis College of Physicians and
surgeons of St. Ixniis , Marion Sims Medical
oliego of St. Ixmis.
KikKli'il by llnrKlnra.
Sioux CITY , June 20. [ Special Telegram
oTnis Bun. ] Burglars last night stole largo
liiantlttcs of goods from Johnson & Aronson's
lothing store and Fouck's grocery. Sovc.ral
lundred dollars worth of Jewelry and money
vns stolen from the residences of 13. W.
Viuibergor , P. C. Wattermiro and P. A.
'Inuptmnnn.
Mrs. MagOleson's residence on Iowa street
vas entered , today and ono man engaged her
n conversation while the other stole $ ! ! " >
ind three gold watches from an adjoining
oom.
Alex Larson's room on Douglas street was
ebbed of several hundred dollars worth of
ilverwaro.
Violent DiMith or n IMonrcr.
MAUSIIAM/TOWX , la. . Juno 20. [ Special
I'elegram to Tin : BiiU. ] Jerry Spurliu , ono
of the oldest , settlers of south llnrdin county ,
vas instantly killed this forenoon while
rimming largo shade trees on his farm
icar Union. While in n tree top thirty feet
"rom the ground ho sawed off a large limb ,
which fell against another limb and ro-
xmnded , striking Spurlin on the breast ,
: rushing his life out and precipitating the
jody to thu ground. Ho loaves a wife criti
cally ill and three children.
Hey llnrghirs Captured.
FOHT Donou , June 20. [ Special Telegram
TnnBEG. ] Lewis Hoasing , D.ivo Jones
mil .Too Lewis , three boys under Ifi , were
irrested today for burglaries. Some of the
stolen goods wcro found on them. They
iroke into Stafford's carpenter shop and
; Jrlco's grocery store and took whatever
struck their fancy in each placo. They will
jo sent to the reform school.
Short In HlK ArrountR.
CEDAH HAIUDS , la. , Juno 20. [ Special Tele
gram to Tun BcK.l It is alleged that the
steward of the Audubon county poor farm
for the past year , is several hundred dollars
short in his accounts. The Board of Super
visors will proh.-ibly appoint a committee to
Investigate the charges.
1X1 Under n Train.
CniJAU HAi'ins , la. , Juno 20. [ Special Tele-
gram-to Tin : BEB.J Edward Everett , in at
tempting to board a moving train at Mechan-
ifsvillo this afternoon , fell.undor the wheels.
His right leg was terribly crushed and ho
cannot live.
_
Kiln : In South Diikoln.
Sioux CITV , Juno 20. [ Special Telegram
to Tin : BCE. ] licpnrls from all points o !
South Dakota are of heavy rainfalls , coming
Just in time to break the drouth and save the
crops. _
Sioux City's Trotting Meeting.
SiorxCiTV , Juno 20. [ Special J'clcgram
to Tun Bun. ] The summer trotting meeting
opens here tomorrow with a Hold of ISO
horses , many ot thorn among the best in the
WCbt.
o
JIT 'rim xuirijutiix I'.winc.
It AnnoiinrnH Its All-Kill Unto fro.u St.
I'niil to Sin : 1'raiiclMM ) .
CHICAGO , Juno 20. The Northern Pacific
today announced an all rail rate from San
Francisco to St. Paul of f lf > first elass and
$10 second class. This is a cut In the first
class rate of $10 , and 7..K ) in the second
class. It is now moro than likely that
serious troubles will grow out of the present
condition of affairs , and unless western
lines agree at their meeting , which begins
tomorrow , to cut the rates , n war will bo
tlio inevitable outcome.
The Southern I'aetllc has requested its
eastern connections to Join It In making
rates equal to those put in effect by the
Great Northern and Northern Pacific , and if
it succeeds In winning them over to Its way
of thinking , the Union Pacific will bo
dragged into thu row , and It will bo then
almost nn impossibility to prevent the
Mproadlng of the cut. All lines of the West
ern Passenger association , oxccut the Alton ,
Burlington , and , possibly , nno or two others.
will go into tha meeting tomorrow proparnd
to make ruductluns if they cannot help
themselves.
ICusibound shipments , except live stock ,
aggregated r > r > ,2IO tons last week , against
5'J,1X ( ) for the preceding and 57,001 ions for
the corresponding week last yoar.
Thu net earnings of thu Northern Pacific
for the month of April decreased $115,000 ,
compared with April , lb'J2.
i ; Klro ICtll
LEAD CITV , S , D. , Juno 20. [ Special Telo-
grain to TUB Br.c. | Tlio big timber flro
along the Black Hills .t Fort Pierre railroad
between Lead City and Piedmont has been
extinguished after thu loss of 2,000 cords of
wood and a number of thousand feet of logs.
The lira originated throe miles this side of
Elk creek , extending to Uunkol's saw mill ,
which barely escaped destruction. Tlio rail
road construction erow from Load City , with
Bcctlon hands along the line , did excellent
work uml saved much property. The lire In
the Homcstako wood pile at this plncu , after
burning several days , has boon mastered and
iniucs and mills have resumed operations.
I. d id i-d Iloiva with llud Uchti ,
KANSAS City , Juuo 20. The Stir's Topeka ,
Kan. , special says : The Bank of Ness City
has been closed by State Bank Commissioner
Brcidcnthal after an unsuccessful attempt
to , raise money among its eastern stock
holders to tldu It-over Its present embarrass
ment. This bank , which has a capital stock
of 40,000 and fUl.'JOO deposlts.when tlio bank
commissioner took charge , had cash on
hand Just $ S3.'J5. fiiuik Commissioner
Breidcntlml says the bunk was loaded down
with real cstalo aud bad debts ,
PARDONED THE ANARCHISTS
Final Ohaptcr in the Grent Chicago Drama
Concliulcd ,
NEEBE , SCHWAB AND FIELDEN AT LIBERTY
VfterMntitro Deliberation thoOovornor He-
sioroi the I.Ifo Convlrli to Their
rainlllc ! , riirno Home * Mtulo
ll' ' ppy Arrlv.il In Chlcnco.
SrniNori r.i.n , 111. , Juno SO. Governor
Altgcld today pardonei Fielding , Ncobo and
Schwab , the anarchists serving Ufa sen
tences In Jollct penitentiary for complicity
in the Hnymarkot riot In Chicago on the
night of May 4,1SSO , In which a largo num
ber of uolico were killed or wounded and for
which Parsons , Snles and others were hanged
and over whoso grave a monument was un
veiled by Chicago anarchists yesterday.
The governor takes thu ground that them
men did not have a fair trial and that tha
court was prejudiced. Hu scores Judga
Gary and Chief of Police Donlluld severely.
CUICAOO , 111. , Juno 20. Kcgaullng Gov
crnorAltgold's pardon of Ncubo and Schwab ,
Captain W. 1' . Black , who was the leading
counsel for the defense In the anarchist
trial , said today : "This pardon will not
wi'iiKcn the law , but will strengthen it , and
will Increase the respect for the law In the
minds of the people. "
Frank Walker , ono of the state's counsel
In the case , said : "Tho only effect the
pardon might have , might bo to lessen the
fear of punishment In the minds of men Hlca
them. But then fanatics never know fear. "
WINT yuinn.v IIU.MI : .
How Their I'anloiiR Were Arranged the
tlovi'ttinr.
CHICAGO , Juno 20. [ Special Telegram to
Tin : Br.i : . ] Schwab , Fieldon and Neobo
came quietly to their homes here tonight.
In the gray twilight , thrco men clad in som
ber black with soft felt hats pulled wollovor
their faces , stopped from t'.io Santa Fo train
at Twenty-third and Archer avenue et 8
o'clock this evening. An hour later Joy
abided within thrco humble homes , and the
last act in the most famous drama in modern
history had been acted.
The news that thu scntcncfes of the an
archists had been commuted had not
reached tiieir families authoritatively. With Jl
the rumor that they had been set free caniQ .1
the report that they would roach Chicago - . ]
some time tomorrow. The thrco men , how
ever , loft the prison Immediately after they
had been handed their pardons and came to
Chicago as quickly and as quietly as possible.
There was no unusual scene about the great
stone prison at Joliet when the men left. K.
S. Ureycr returned from Springfield to
Jollct til 4 o'clock this afternoon with the
letters of their deliverance and two houra
later the men took the train for Chicago.
Met by n Committee.
A committee , consisting of Thomas Grelf ,
William Urban , H. Braunschweig , Louis
Muller , Ciustav Klias , lj. L'.ides , Fred Berg
man and M. Nccln ; went to Brighton to moot
them. They missed them at that place , but
greeted them ns they came into the Twenty- '
third street depot. There the ex-prisoners
were hurried into cabs waiting for them and ,
rapidly driven to their homes.
Com In R in from Juliet , Banker Dreyor told ,
of how the pardons were obtained. In sub
stance ho said : "Thoro is ono thing I want
to state and 1 want to state it positively , .30
that it will bo well understood. I do not
bcllevi ! that Fieldcn and Schwab were In
nocent under the laws of tlio state of Illi
nois , but I do believe that their punishment
was far greater than the crime which wna
not proven directly against them warranted.
In other words they nhould have been
punished , ' but already have suffered enough. .
" 1 was foreman of the grand Jury that In- f
dieted all the anarchists , and from the first
I believed that Neebo was innocent. To "
this belief I have always hold , and every
thing that I have done during the last two
years in the interest of securing a commuta
tion of his sentence has been done from my
conviction of duty as a member of thi t Jury.
1 never would have rested contented whllo
Neebo remained within the walls of Jollot.
penitentiary. "
Did Not Aet HiiHtlly.
A dispatch to the Tribune from Springfield
says : It is evident tint the governor has.
been preparing for some time to take this
step and hud long since decided upon grant
ing these pardons , but has delayed action for
prudential reasons in order that ho might
not appear to hu acting hastily and without
ilio investigation and consideration which
this act demanded.
It is hardly possible that the long opinion ,
filed in the case could have been prepared ;
since the legislature adjourned , because
during that period thu governor bus been
fully occupied In passing upon the bills laid
before him and in preparing thu numerous
veto messages ho has filed. Nor is It likely
that it would have been prepared during the
closing weeks of the session , when ho wns
continually overrun with visitors ,
Hownver this may bo , and whenever the
opinion was prepared , thu aocrut has been
sedulously guarded. Tlio opinion , which
contains 17,000 words , was put In typo nt a
local printing olllco yesterday , the composi
tors being sworn to socreoy , and noono
being permitted to apt rouuh them until they
com'pletcd their work lute at night , when
copies wcro printed for distribution lo tha
newspapers today.
Kl' WHICH TUU LlllKIl.ll. .
Why the Unenii City 1C ink ut ItutlUlo , N. Y , ,
Clonuil It * DOOM.
BfiTAi.0 , N. Y. , Juno 20. The Queen City
bank ban suffered a Htcatfy drain for thu past
several weeks. After paying out nil avail
able cash , oven to dimes , nicltels anil pennies ,
thu ollleor ; this morning walked out and
closed the doois. It owes depositors over
$1,100,000. The failure Is duo to inability to
rcall/.o on assets and Now York banks re
fusing aid. The management claims that
depositors will bu paid in full.
AI.UA.SY , N. Y. , Juno 20. Superintendent
Preston of the state hanking department , In
regard to the failure of the Queen City ,
said : The report of tlio condition ot the
bank on the morning of . | uno 1 last , as filed
with mo on Juno 7 , shows resources of 3-
! IMM , and liabilities of $ iHilul-l. ! A refer-
unco to the amount of cash In hand shows
that It docs not equal the amount of 10 per
cent legal reserve required to ho kept on
hand , which would amount to $ HIKK ) ( ) . The
cash on hand on Juno I amounted to about
i0)00. ; ; ( ) The last examination by the do-
partmunt was January 7. It shows thu nom
inal KurpluH at that tlmo was ? . ' ) . ' . , I'.Ki.
"It had for its cashier G. Hardesty , who
wan a large stockholder In the Hardesty-
Pclham I/ian and Investment comp.tny , The
bank extended a llburai accommodation both
to the investment company and to W. Pel-
ham and also loaned mutiny on wchtern inert-
gage.s and western Irrigation companies'
stock. These loans proved unfurtunatci for
the bank and led to the retirement of Mr.
Ilardcsty from thocashlcrshlpof the bank
sninu llttlo tlmo ago. Tlio management of
the bank ulneo its inception has never boun
frco from tlio criticisms of thu department ,
for tlio reason that their transactions have
been on too liberal a basis and not consurva *
tlvo. _
llud rrnfurrcd Cniilllur * ,
WII.MINQTOX , N. O. , June 2& Hu&ko < Si
Draper , retail dealers In dry goods , assigned
today with preferred creditors. No state *
men l of liabilities and assets Is obtainable ,
but the amount Involved Is not believed to
bo very much. _
Will iMsiiu Okiirlnllou.e ; Cortlllrite ,
Bosinv , Juuo 20. AH the bank * hav i
unanimously decided to is.uo clearing houia
certificates ,