Omaha daily bee. (Omaha [Neb.]) 187?-1922, August 13, 1893, Part One, Image 1

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    FHE OMAHA UNDAY BEE I
ESTABLISHED JUNE 19 , 1871. OMAHA , SUNDAY MORNING , AITGEST 13 , 1893-SIXTEEN PAGES. [ SINGLE COPY FIVE CENTS.
SPEECHES m SILVER
Members of Congress Air Their Opinions on
the Currency Qacstion.
LITTLE INTEREST TAKEN IN THE DEBATE
Few Spectators and Fewar Representatives
Listen to the Arguments.
_ _ V
MR. WHEELER SPEAKS AGAINST REPEAL
Democrats Who Have Good Word's to Say
for the Sherman Bill.
HARTER ADVOCATES THE WHEELER BILL
lilt llennonn Why the .Sherman .Vet Shtmlil
lo Itvponleil Mr. Ilon < lcr im Auk !
lllni it Few IJurntlonii I'rocrcd-
liiK ut tlio llniuo.
WASHINGTON , Aug. 12 , The silver debate
m the house today did not attract much
public Interest. The knowledge that no vote
can bo possibly reached until August iSI ,
causes members to take little interest in the
proceedings ana it is doubtful whether there
was a quorum present In the house at nnj
tlmo in the day. Many members loft for the
seaside last night , resolved to remain until
it should bo tlmo for them to deliver the
speech , which nearly every man Is preparing
on the flnaticiul situation ,
It seems likely that the dully spectacle in
the house for the next two weeks will be
that of an impassioned person delivering u
Jlery speech to u score or two ot his personal
friends and an array of 200orUO ! ! cmptj
benches. When the house adjourned toda.i
thcro were not more than fifty represent
ntl\cs in the hall.
.Spoke Acillnst Keponl.
The first speaker in the house today was
Mr. Wheeler , democrat , of Alabama , win
continued his speech of yesterday ngalus' '
repeal. The repeal of the Sherman act , hi
contended , meant the permanent demonoti
zation of silver.
Mr. Wheeler was followed by Mr. Morse
republican , of Massachusetts. Mr. Morsi
said that the country had como to the twc
roads. Sound finance beckoned It on to na
tlonul integrity and free silver beckoned i
on to financial distress. Ho was heartily li
favorof repealing the purchasing clause o
the Sherman act , but the remainder of thai
act declaring a parity between the twi
metals was fine statesmanship mid sliouh :
stand.
Mr. Harter , democrat , of Ohio , who wni
one of the leading anti-silver men in th <
JQfty-tccond congress , took the floor in nd
vocjicy of _ tlio Wilson bill. Ho disclaimet
any idea of partisanship on this question. I
party iuin { < "was to ticcruo by saving the coun
try from its present situation ho was willlni
that tlur republican putty might have 1
nil.L , t congress nive the country an hones
purrcriesy and ho ( Mr. Harlcr ) was willing t'
shako the dust of Washington from his feel
and nnver enter the house of representative !
again. [ Applause. ]
In reply to a question , Mr. Barter sail
that the condition of thu working man ii
England was as much superior to the con
clition ol the working man in Ohio ( princl
pally on account of the silver legislation ) a
ii berth in heaven was superior to u cot ii
purgatory. [ Luughtor.J
Mr. llcnilrm n A l ; n Qnnitlon.
In response to : i question by Mr. Hciuloi
son ( republican , of Iowa ) , Mr. Ilurter sal
that the Sherman act had been passed by i
republican house and n republican sonati
tynl had been approved by n republics
president. ( Democratic applause. ]
Mr. Hendersiop asketl the gentleman t
ntiH' : to thu house the attitude of the demo
cratic pirly at the tlmo of the passage o
the silver law. Mr. Hartor said ho truste
to the ( 'ood temper ot the house to krep thi
qui'.sthm out of politics.
, Mr llomk'ibon persisted in ills question ute
to 'ho attitude of the democratic party a
Ui' time of the passage of the .Sherman lav
t'Vce coinage , " shouted several member
on ihu ( tunwnitk' sldo.
Mr. Hcndci son There is nn hones
nuswer from the democratic side. Will th
gentleman ha equally honcstf
Mr Ilurtor replied that ho would answc
us a matter of courtesy , though It broke th
thread of his argument. The national pltn
f jrm of the democratic party had -not bee
favorable to the free coinage of silver. Th
elomoeruts nomlnatod a man radically o )
posed to circulating as u dollar , any con
worth less than 100 cents. Proceeding Ml
Harlcr told h would huvo congress repcn
thu purchasing clause ot the Sherman lai
unil the law authorUing national banks I
is.suo divulution to the full extent of thcl
bonds , and direct the secretary of the ttcai
uito provide for the issue of gold bunds.
i Mr. llonilrlx of NiVnrk. .
Mr. Henttrlx , democrat , of Now Vork , wa
thu next speaker Ho said ho hud been de
nominated hero as a banker , llo had bee
called u goldbug , but hu assured Ills' fncnd
that the only pioeo of gold that lie mmossoi
was a f5 coin and that the < ; nly money h
hud wits in Ills trouseirs pocket obtained froi
the scrgonnt-ut-arnm u few duys ngo. H
hint been born in Missouri. Ho hud grow
upvlth the people of the west. The oppot
tunlty for this congress to benefit the com :
try had never been equaled in the history o
Iho land , Lot congress repeal the Shcrma
silver law and adjourn and go homo nud It
thu people do the rest.
Mr , Bowers , republican , of Cullfoi nla spoil
for the free coinage of silver , and In doing t
cast it slur on political platforms , dcclarln
that no party pUtform amounted to un ;
thing , nor was it intended to mean anythinj
Ho referred to the scarcity of small cm
rcncy and said tlio free coinage of sllvc
would relieve that embarrassment. Man
of the banks of the United States which wer
today with their doors closed would I
glud to receive tha dollar of our it tub
ThU nation could make its own moneyfo
Us own Deople , und if Knulunrt wanted t
put up the bars , all right. Which coul
Hand It longest , this Kreat country whlcl
txmld produce every necessity and over
luxury and which must not surrender , or tli
iittlo island which must depend upon whu
It could obtain from ether nations ! Th
question was not it partisan onoj it was
business one , nnd , us such , U should bo coi
sidcrcd.
Tallin for Hllvrr.
Delegate Kawlins , democrat , of Utah lei
his voice In favor of free coinage. Tt
deciariitlon madn by the untl-sliyor men tin
thn government was Issuing a dollar thi
was north but M ) cents wus absurd , hu sal
By the constitution of the UuiU'd State * tt
express power wns given to the government
to coin money and mgulato its value. Under
that power the government had declared
that the silver dollar was equal in value to
the gold dollar. If this congress adjourned
without action thcro wpulel bo a deprecia
tion In the value of silver that would bo
frightful to contemplate and would bring on
n monetary patilo at once.
At the conclusion of Mr. Ilawllns1 remarks
the house adjourned untjl Monday.
HUM.MI.M1 Ul' Till : SITUATION.
How Cnngrint 1'rrnrnt HtimU on the
Montitiiry ( Jurotiiin.
WASIIIXOTOX , Aug. 12. Ttio Star this even
ing sums up the silver situation us follows :
There nro three factious In the house on the
silver question nnd , consequently , thrco ele
ments to bo taken into consideration ! While
the radical'anti-silver men nro demanding
the repeal of the Sherman law nnd nothing
else , the radical silver men nro declaring
that legislation favorable to silver must go
with the repeal , while the stronger clement
In tlio house appears to bo that composed of
men Who want favorable silver legislation
added to the repeal act , but if they fall to
secure amendments favorable to silver will
still vote for repeal. In ether words , If the
naked proposition to repeal the Sherman
law Is presented to them , all'sllvor amend
ments having been voted down , tluy
will vote for unconditional repeal. In
this situation the only danger which
the repeal advocates seem to bo confronted
with is the possibility that some amendment
providing for the free coinage of silver at an
Increased ratio may bo added to the bill be
fore the final vote como. If they can so di
vide the silver men on the amendments of
the various ratios so as to defeat all the
amendments , or to adopt the ratio which
will not be popular , they will have no trouble
n accomplishing just what the administra
tion wants.
It is believed that should a ratio of 10 or 17
to 1 be Adopted , so us to prevent a vote ot
amendment for u higher ratio , when 11
comes to a test the house will vote to sub
stitute an unconditional repeal for the
amended bill. On the vote for a nuked re
peal , with all other propositions out of thu
way , there Is little doubt that the repeal bill
will pass by n largo majority.
In the senate this element enters some
what into the situation. A largo number ol
senators who will vote for some leglslutior
in connection with rcpeul which , will be
favorable to silver will not refuse to vote foi
unconditional repeal if they fail to gct'whal
they want. Some senators who will dc
whatever they can to get neldctl to the re
peal measureu _ provision for the coinage ol
silver at an increased ratio are counted on
by the repeal men to use all their .influence
to prevent any lilibustcriuc und obstructloi
to the passage of tlio repeal bill if amend
incuts full. Their position is this : Thai
they uro in favor of repeating the Shormat
law conditionally , but In favor of repeal any
how , even If they can get no conditions.
llpinnrrntlc hcimtorn Uniililn to Acroe.
WASHINGTON , Aug. 12. The senate demo
cratic caucus committee adjourned unti
Monday , having failed to agree upon anj
plan of procedure. The fact that the house
bus agreed und has two weeks discussior
before it relieves the senate of the necessity
for hurry and probably no settled policy wil
bo reached until near tlm-end of the housi
discussion. The finance committee , for the
same reason , is likely not to hurry about re
porting on measures before it ,
Kx-Socrotury Tnicy'u 1'lnn.
WASHINGTON , Aug. 12. Speaking of ox
Secretary Tracy's proposition for the inline
d lute coinugo col the silver bullion in thi
treasury to relieve the monetary stringency
treasury officials point to their statement o
August fi , showing that it would tu.ko five
years for the mints to convert tlio bullioi
into silver dollars , and that certificate :
could only bo issued on the profits on ttu
coinage , certificates already being out on tin
bullion value.
eionln | ( , " ot tim I Iiorokee Outlet.
WA.IHISUTON. Aug. 12. It is expected tha
the Cherokee outlet will Uo opened betwcei
the llth And 1-Hh of September.
o
lltltl.irw.\ . \ < lJtK3.1.
It Wilt ComciiB ut I.on Angi-luti , Cul , in
October 1O.
Lai.T LAKE , Utah , Aug. ,12. Kx-Governo
Thomas , chairman of the national oxccutivi
committee , today issued a formal call fo
the meeting of the International Irrlgutloi
congress in I os Angeles , Cul. , durinir tin
week commencing October 10 next. Membership
bership in the congress will bo two dele
gates from each congressional district am
four delegates-at-largo , appointed by thi
governors , two appointed by ouch count ;
court , two from every university nm
college , two from each chamber of conl
moire , two for every 100 members of over ;
agricultural or horticultural association , on'
from each irrigation corporation , mayors o
cities of 2f > lM ) or moro population , ofllccrs estate
state agricultural or ether Imlustria
schools , all governors of states and terrl
lories , members of congress , members of th
American Society of Irrigation , engineers
delegates and onidnccra from foreign coun
trios.
Attention Is culled to the fact that th
secretary of state has requested the dlplo
malic ollleers of tlio United States to nsl
the governments to which they are nccred
ited to bo represented by duly uppointci
delegates.
uiuc.uio fi-jucif r.inna .trinr.
1'iirt of N'oUiin Mori In' 1'lttnt IH-itruyeil-
M 00OOO UKIIIUICM.
CIIICAOO , AUK. 12 The largo hoof packiui
and fertilizing establishment of NoUon Mot
ris ( one of the "Big four'1 packers ) at tn
stock yards burned this morning.
The building wa's one of the largest in th
yards. In it 2,000 mon are employed nnd i
great part of-Morrls' work done. It was IX )
by TOO feet in size , four stories high.
The lire started by nn explosion of groas
In the fertilizing department , caused h ,
contact between two oloctrlu light wires
Two employe's were severely hurt. Th
loss Is cstlmutcd nl 100,000. ,
The tlamos were confined to a spare 1C
foot square in ouo corner. The cold storap
plant and warehouse , with contents , value
nt $0OOQOOp , were not damaged. High
hundred men were working in the burnln
part and " > ° > - V.ill bo out of employment til
a new building Is.erected.
IMclllo Will
NKW Ypiip , A B. 12. It is officially state
that the Union Pacific hold * ncnrl
half of the stock and (3,000,00
of bonds of the Union Pacillo , Denver <
Gulf railroad und ivill oppose the appoint
ment of a rcceiyer , prayed for In the Colt
rada courts. They claim to have kept thol
part of the agreement faithfully.
Middled with llnlleti unit Iturnnil.
laxuC'iTV , Fla. , Aug. 19. The party o
Ijfayotte county clU/eni which passe
through here Thursday for Hillmun's convlc
camp to Ijnch u negro for outraging a whit
woman has returned. The men , they saj
riddled the negro with bulloti and ouraoi
the body , all except the heart.
BOTH -SIDES IIlPPY
Julia and Bears Affect to Pind Much Rea
son for Exuberant Joy,1'
MANY GOOD POINTS FOR THE OPTIMISTS
They Base Their Faith on Pacts Apparent
to All Who'Aro Watching.
SOLID BASIS FOR PESSIMISTIC PROPHECIES
] lainn that the Country Has Not Yet
Gotten Over the Stringency ,
REAL SITUATION AT THE MONEY CENTERS
Hunker * .Still Voel Their Way Cnutlounly
Itunrilurs of Currency Apiirehonnlvo
ot I'urtlior Ubnntvr Kirect of the
MndlionSquare Hunk L'nllura.
Nnw YOIIK , Auf/12. [ Special Telegram to
Tin : liiu.j ) Wull street has had a hard
week. A determined contest has gene on
aetwccn ttio speculative factions , and so fur
as Immediate quotations are concerned the
bulls have somewhat the best of it. They
have rallied aggressively In many quarters
and their work has been skillfull enough
to accomplish a good dual for them.
The bear contingent is still conll-
dcnl that linancial affairs are far from
being cured , and at every opportunity dur
ing the week they sailed into the market.
It looks < is if nest of big short interest
whish lust week had become so large ns to
bo unwelldy has been wiped out. It is prob
able that not ten shares are short now
where 1,000 wore then. The small bear
traders have been squeezed or scared into
covering , the bigger bears were probably out
of way before the little ones began to
scatter.
What the Hulls Count On.
The bull paints are that congress is going
to do something for the relief of llnuncial af
fairs right away : that the Immense Importa
tion of gold from Europe will keiip up , and
this gold , when hero , will remain here ; that
the railways uro practicing economies and
that not earnings are going to bo larger
proportionately than ever before ; that
Europe will bo obliged to buy by
wholesale our grain and produce that Eu
rope , moreover , must bo attracted to our in
vestment circles because quotations are
lower than Europe has seen them before ;
that our own rich men are making similar
purchases on an enormous sjulq ; that the
scare among people who have money and
have been hoarding it is now practically
over ; and tlnully that conlldbnea Hs being
everywhere restored. Upon thesa" theories
some ol more important traders have gene
over to the bull side and have bacoma houvy
buyers of stocks. It is improbable that they
have sold much of what they purchased.
Humor has it that some of millionaire
interests have put vast sums of money nt
the disposal of James H. Kceiio and othot
operators on the bull side. The bull belief is
that it will soon be as fashionable to buy us
lately it has been to sell.
Mucking of the Hears.
The baars meanwhile insist that the bulls
are grasping at straws ; that the gold impor
tation is only a temporary movement , and
that the yellow metal will soon be on ship
board going back to London und Paris. The
whole country has for tnonths"been in ilnan
cial dlst.-ess , they say , and suci troubles at
have been suffered cannot be cared off hand ,
Europe may have to buy our produce bul
it will bo at prices which will nol
net us anything. It is not u bull point , sij ;
the bears , when our farmers have to take
50 cents a bushel for their wheat. The
bears believe , too , that a good many son
spots have not been uncovered. The worsl
is over , they think , so far us concerns the
banking interests , but In the commercial
and industrial world they expect the plncl
to bo much more severe. Free and eas.\
talk is already heard concerning receiver
ship plans for some of the blggcsl
corporations in the east. The facts
that so many people are oui
of work is a point which tlio bear contingent
makes a good deal of , though they lay mon
stress on thu conditions of the 11101103
market.
Wlmt the ltunk Mimt Vnce.
The fact that the New York hanks hav <
lifted their rates rate nn out-of-town loam
to 12 per cent appeals to the bears us sig
nillcnnt of a serious situation in banking
circles. They insist that many millions ,
some place it us high as $30,000,000 , , of rcdis
counts will fall due here the latter tiarl ol
thin month , most of this bolng fqr western
and southern customers who were carrieJ
over early in the summer ,
It is thus to bo scon that substantial dif
ferences of view exist among the important
people in Wall street. That sort of tiling 1 ;
what makes trading. It everybody agreed
nobody could nuke money In Wull street.
Two local bank failut'es hero have rather
.upset the calculation of people who have
been insisting right along that so fur as NCM
York banks uro concerned everything Is a
ease. The failure of the Madison Square
bank came as u surprise , to thu street , MH
tbu laying down toduy.of the Commercial
bank over in Brooklyn was also whollo un
expected. Both are comparatively imall
banks , but both roach out in a good manydi
rections.
H Is not impossible that before the Madl
son Square Incident gets out oftho way that
surprising details may como to the front. li
is intimated that the Clearing House nsso
elation acted toward this bank In a manner
which might bo politely called abrupt , Tht
Madison Square was one of the state's de
positorles , and the fuiluru may toad to some
what more careful scrutiny of batiks whlcl
happen to have been chosen to "carry sucl
state funds. It need not bo , surprising ii
considerable bank history hereabouts i ;
made next week.
Two Feature * ot the Wevlc. ,
Gold importation and'the.preinllitn ' iit\ \ currency
-rency are the two things which lavo'fiai
thh most attention la the * treot lutelj
There are some signs that the punjenc.y prc
mlum may abate somewhai'b'uf banKeri in
slst that thu gold movement now under wa.
Is likely to continue indefinitely , and ru :
into enormous proportion * . If this be tru
there iisomochoorfulucslujf.lt will r | iulr <
however , some time to test'the correctness o
such a theory. The 'one thing certain i
that foreign Interests will put ove/j possibl
obstacle In the way of the shlpmonfof gel
from Europe hero. The Hank of Englam
rate went up this week to 4 per cent , th
highest point U has touched la a long while
and unless some unexpected ovelopmoo
Interferes , the rajp will bdjprobably as high
an 0 percent the comlng'wwsTc.
People Ar HtlilJBciireil.
\\'o hear continually ttfajt'acnro portal of
'
this crisis hns gonq'by tit it docs not re
quire much observation df current life In
Wall street to upsets tbitj cheerful theory ,
1'coplo who havoibomi hoarding money maybe
bo getting toSj j } point whore they
are inclined yk > \ rolcaso it , but
dcsulto all the nouto inriJo on lhat score this
currency hoarding Is not the chief of Wall
street's troubles. The most oppressive now
is not that the people are taking money out
of circulation , but that they have become
skeptical and suspicious of everybody's
financial strength t and integrity. Illus
trative of this is the circumstance
that money hns thls jvcok been lent on the
Stock exchange to millionaire hotitcs with
out interest by poopln who have become so
uneasy that they have been really afraid to
make their regular bUtik deposits.
Tlmt llnlironit Ulvuror.
An important Incident of the week lias
been the dissolution of lease relations be
tween the Heading mid liohigh Valley Itall-
road companies. Thu came ns a stir-
piiso to the It-dot , for Important
interests on the. inside were committed
to the poltoy of maintaining this connection.
The insiders were especially devoted to this
policy , for the reason perhaps that it was
proposed by Isaac L.'HIi'e ' to whoso Industry
und intelligence has bdcn duo the shameless
Heading disclosures this year. Mr. Hico has
been insisting that the Lohlgh leoso was a
burden uuon the yjfaialng which was
not only unwarranted , but which must
in continuance do drojuHul hurt to the Head
ing's Interest. Against his suggestion that
the Lohlgh bo divorced , , the Heading in
siders set up under o.th' that the lease was
proiitable. Yet right < bn the heels of this
contention they ordc the luasodiscontinueJ.
This active endorsement of reform policy
proposed by Mr. Ulq'o it sum to result in
pro lit to the security holders of thu Heading
company , oven if it is not the free-will offer
ing of the rather curiouscoterie of financiers
wlio now happen to ' be running Heading at-
fairs. \ *
Whliky Trmt' . Vlncign.
The Whisky Trust crowd made another
play at the street this weak. They will bo
greatly disappointe'd they don't get their
stock down under flO'n share. Some of the
biggest lUianders are buying the stock now
every tlmei it gets underbill.
Today's weekly bank skhtemcnt is not the
reassuring exhibit that Vras'expected. Some
talk is being heard -Of titao.loans being made
here. It is true some of1 tljjfc biggest banks
are making them. The "way they can do it
is this : Outstanding loans fall duo , the
borrowcr'can't pay1 ; that's all there is to it.
* _ H. ALLAWAY.
it'll i
UuilHhy 11 ml Tulrb ink * : Matte a 1'rlvuto Uoal
to Secure Tln-lr Ijtiihllltlo ) .
CHICAOO , Aug. 13. The Imoeting of cred
itors of John CudaHy ahdf N. 1C Fairbanks ,
wtio were caught byHhe collapse of the pork
deal abJutr two weoks"afo , announced "for
yesterday , wa"s not held , btit ' 'bach of them
was called . .uponanc , Iprivuto. settlements
maele-nTiere ( is nn cast'to b * - , paid'out at1
present. Fairbanks olfefc US secure his
$800,000 pf , liabilities elp."full.'by turnius
over property "ion Mh ' south sUe unJ
In , the businesS Sltstnct , giving thu
parties the prlvilejcfofl taking tt thouiselvei '
or having it h ndlpi .by a 'trustee
for their benefit. Ho had , no trouble in in
ducing all his large creditors to consent to
his proposition , und denied -joint obligation
with Cudahy. CudaHy-is securing' Ills ? ! , -
COO.OOO of liabilities hy'turnlng over f > 0 cents
'
in real estate fo'a trUs < ea anil agrees to pay
the rest in cash ns soon as possible. He
feels VerVconfidout of his ability to secure
the money if given h fulr cliauco. Cudahy
has u list of about sijcty creditors on the
board , the largest one being Eggleston , who
claims about $ > 0OD3. Uately. who was the
chief broker In the lard deal during the
winter , and who turned over about $1,000-
000 in profits f rom' the 'lurd manipulation
durinz the last winter , is jwcreditor for about
$ 'JJ,003. Eggleston * is rprepari'jg to pay a
dividend of from l'2J < j to 25 per cent in cash
within twelve day's ifVppsslblo , but hols
anxious to hear from lU9 other pit tie3 be
fore ho takes final action.
Will lltyo ii > nrHui I.oft.
' '
MONTICBI.LO , 111' , Aug. 12. The banking
house of W. W. Boatty , known as tlie Mans
field bank , at Munsljeld , Platt county , has
made an assignment toA. J. Langtry , whose
bond was fixed at ? J3 5.030. The.llabllil.lcs
are f'.00,000 and usse'S $ ia5,030 , principally
real ostuto in Piatf county and Chicago. The
greater part of the creditors nro depositors
at Manstield. Mr. Beatty says he will he
able to pay out and have 45,003 ,
In IricllilllH und ' Tminemeo.
TunitK HAUTK , Ind. , Aug. 12. The Prairie-
City private bank'has foiled , No statement
has been given out : f
NA8HVIM.IS , TenriJ , Aug. 12. The People's
bank at Lowisburg-failod this morning , the
result of other bank failures hero. Ills expected
'
pected to resume.
HrnnUlyn Hank Ktnlmrriiiieil.
BROOKLYN , Aug. 12 ? The Commercial
bank , a state uisttu'tlpn } , failed this morn
In if. The notice on the door alleges that the
suspension is only tojnporary. The ofliceri
of the bank decline tam lte n statement.
The directors suy'tie ' ) bank will puy nl
depositors in full Jn "time. . The fallun
caused no excitement. I
citism.v r/fis vJxjcan com Tin :
Ha Money to Mnv * tliVCrtip Tlio Trcuniir ;
to rh fulap ;
Ni\v YoitK" , Aug. ife.j-BradHtrcofa says
"Owing. 19 ( ho jijublltty of thnbanUln _ ' |
Institutions of the a'ou'.VJ lo advance ruo'nc ;
to move the coUojtyropp. Crisis in the cottoi
reglnnb is immineh.t. Ttjwouid require ? * < 0 ,
000,000 to move thq c tfmated crop-,0,000,00 ,
bales. t |
A large part of thecropis raised by ncgri
tenant furmorf , who rfjly on the owners l >
advance money for.plckipg. ginning , prosslnj
and baling. This they're now unable to da
In view of this eriieriteney the secrotnr ;
of the treasury of ta'ejtinited ' States ha
Just made an arraugeuiejit by which , on deposit
posit of currency at the pub-treasury at Nor
Yprk , the governmetJtiiTrtll telegraph tin
subtroasury at Now-.Qrlean to pay a Ilk
sum la sliver dollar which will go far ti
relieve the stringency ,
Vellnw jack ) n Klorlilu.
WASHINGTON , Aug. 12-j-The surgeon gou
oral has roceivcO. a telegram from the sut
geon of the Marine hosoltal at Ponsacolu
Fla. , saying that thcro are no new cases o
yellow fever to report. Extra precaution
are being taken anil there is uo need of uti
duo alarm.
- , '
Air. Clevela nl ut firny ( ] bl .
BUZZAUDS BAY , Aug. IS. Preaident Cleveland
land nrr.ved hero till * morning at 2:30 : on
went at once to Gray Gables. The presidun
appeared somewhat tired. lie will remui
till about September 1 or until Mrs. Clevc
laud , la ready to return to Washington.
OPPOSED TO MIQUEL
His Plans for Raising Germany's ' Revenues
Not Very Acceptable ,
WEAK POINTS IN'HIS FINANCIAL POLICY
Some of His Propositions AH Very Distaste
ful to the Pooplo.
THU COMMERCIAL TREMY WITH RUSSIA
it is as Far from Bain ; Oonaumuutod as it
Was a Month Ago ,
WATCHING THE AMERICAN CONGRESS
rronldont Clercland'iOIciiiingn ll.t nn KITcct
Upon Commarcul lnullnK In tlrrin tny
Mexican hccitrltioi 1'nll Now *
from the Rithtrlnnil.
Br.tiLiN , Aug. 12. The finance committee ,
composed of delegates from the federated
states , will meet in Berlin immediately upon
the i-omplction of thev holiday leave in Sep
tember of Dr. Mlquol , the present minister
of finance. The scrnl-oillclal announcement
Tom Frankfort that the conference , which
was recently in session there , has agreed to
.ho gonornl principles of the taxation plan
s not credited here. In bust informed ( juar-
, ors quite the contrary is believed. Dr.
Miquel , it is said , found considerable opimsl-
tlon to each leading proposal of his scheme.
Olijoctvil ti tint \Vlno Tux.
The South Gorman finance minister ob-
ectcd to the wine tax , while the other
inanco ministers oppjsed the tax on manu
factured tobacco. Consequently , Dr. Mlquol
will negotiate a compromise , according to
the terms of which the wheat tax
will bo dropped provided the duty
on tobacco bo ndoptcd , thus In
creasing the ratio of the value of
tobacco. The inland excise duty now levied
Ijy weight will be abolished , thus making
free of all restrictions the cultivation of to-
btcco. The proposal of greatest Interest to
the foreign importer is tint providing for it
reduction of the tariff on imported tobaccos
The proposal is made with : t view to pre-
veyiting the inferior native products from
crushing these of supjrior quality grown
abroad out of the market. Minister Miquol
ulso desired that a tux bo placed upon ad
vertisements und matches , besides the im
position of a further tax on bam-so trims to-
tions. The KslchstitK , it is expected , will
burst into llatno over the proposals touching
tobacco , matches and advertisements.
Timt Tronty with Itinaln.
Count von Schouvaloff , the Uusstan am
bassador to Germany , has gone to St. PC-
tirsburg to try to counter the a/iti-Gcrrnnu /
policy of Dr. Wltto , the Itussuui finance
minister
General von Wcrdcr , the 'Geirman ambas
sador to Russia , -has been granted an audi
ence by the czar , llo was accompanied by
Count von Schouvaloff , and both of thorn
urged that a commercial entente bo con-
cludcel between Kussia and Germany. It is
reported that Dr. Witte , after thelntervlow ,
declared to the czar that lie would resign
his oflico it the tariff war with Germany
was abandoned without concessions being
mode ; by Germany. Dr. Witto is strongly
supported by the Imperial council and the
czar was obliged to give way to him in the
matter. Thereupon Dr. Witto authorised n
seml-ofUclal announcement by the press
yesterday that the Berlin cabinet would bo
forced to accept the Ilutslan conditions ba-
fore n commercial entente could bo obtained.
The latest developments of the struggle
thus Justify the ofilclul warnings issued here
to the public not to trust the repjrts that u
settlement of the tariff troubles was close at
hand.
On Thursday the emperor signed a decree
adding H per cent to duties collected on Fin
nish produce imported Into Germany. Tula
increased tariff will practically cause the
ruin of the loading branches ot tritdo in Fla
land.
\ViitcIiln ; the American Ciiiisrom.
The proceodmgs of the American congress
nro watched with keen Interest here
President Cleveland's message gave bourse
operators in this city and elsewhere In Ger
many the impression that silver was
doomed , and this caused a heavy drop in
the value of Mexican securities. Thcro was
intense and general uneasiness over the
commercial situation in America. Tha ap
parent strength of the silver men in Wash
ington , coupled with the rise in the price of
silver , led to a reaction of opinion und Mexican -
can securities have recovered i ) points since
Thursday , oven though it Is asserted tim
agents in Mexico of the Blelchrocdcrs , tin
well known German bankers , have informn
tlon of an intended reduction in the rate 01
interest notv paid on Mexican bonds.
The advance hy the Kolchsbank ofits dis
count rate to 5 per cent moins a determina
tion to prevent a drain of gold from Ger
many. Inquiries for gold from Austria as
slated to hasten the decision of the Helchs
bank to raise Its discount rato. If a domane
for gold through the International haul
shows ammrkud Increase thoHelclisbankiwil
again raise its discount rato.
The paralysis from which the duke ol
SaxojCoburg and Gotha Is suffering is ex
tending. The physicians who are In attend
ance upon him have notified the duke of Ed
inburgh , second son of Queen Victoria , wh <
IB heir apparent to the dukeaom , that the
duke's condition is critical.
UKADV TO riaur.
Hindoo ami Moliumtixxlau Cltlions of Horn
buy -ir rttviiriU I'olnU ,
DOMIIAY , Aug. 12. The riots between th
Mohammedan and Hindoo residents of thi :
cityhavehad.moro serious results than wer
nl first apprehended. Six persons injured it
rioting have died in the hospitals and man ,
others are still under Urn doctor's caro. Tin
bad feeling between the two religious sect !
is becoming bitter. There is u feeling of un
onslness every where in the city , and mer
chants and shopkeepers have closed tholi
places , fearing another outbreak will occur
Two squadrons of luucors have been ordero
to Bombay , /
Comllig ii otloiu In France. "
PAIUSJ , Aug. 12. The candidates who wil
present thoiniohcs for election to th
Chamber of Deputies on August 2U numbe
over 2,000 , The coming elections exclt
small Interest , Whatever interest there I
is centered in M. Clomenceau'f contest n
Var and M. Ploquet'scontest in the Eleventl
arrondissomenl of I'arli ,
I'ell Over H IIliu CHIT.
LiONUON , Aug. 12. A fcurful couching at
cident has occurred near llfracoiubo , a fasti
THE BEE B tETIN ,
r ilierfnrOmnhianil
Katl.tlu . I ; lineal Shoiwr .
Mire
t < Mlvrr l > e > l > nt < * In Win
Unlit nuil Henri lloti ,
MliilM' | Policy Stroll Jnno P l.
KnropR' * Politic * Stlll0ii ltlvo.
! ii RliMonCth * llrrrilrrt * Iturrs.
l < iy Inc tlin lilhrnry Oornrr .Slonr.
3 , Tolit , C-tttor'n Vcnfieanpft ( lluttnl.
fitter Sinn * ConiircMinnn llvo
lon-n I'lilltlmViirniltii ; lip.
Itjlieinlnn liny nt ChU > H | ; .
4 , l.mt Wrnk III floclnl Olrclrn.
lltirtlii H I'nUn llonil Itnlililc.
U'hHt tlin Hccrot Orilnr * Arc Doing.
n , To llepilr the rrnitciitl.try.
Holt Count ) ' * Vault * r.inpty.
I'rohllilUnnht * Niumny 1. IDA ! Ticket * .
II. New from Council Itliilln.
7. Jtro.inM of thn lUOirllion.
KntlrniulVnr lit rroniiuili
H. Ain lm ill Snntli Oiniiliu ,
10. lllnlinp Turner Annwurii Ilicilll * .
Where I.omlon UOPA on tlnlliliii * .
11. Woman , HIT Wily * anil Her Wear.
12. IMilorlU mill Coininrnt.
l.i-ttor From Mr. Itonowntcr.
til. UrUttolil-N UV.'Idy ( IrlM.
14. Oniitlm Will liny Onmht lloiuli.
in. In l.iicnl Trmln VUclen ,
Uftmmurcml mill I'linincltl.
Live Stock MtirkcU Itimowcil.
in. St try or tlio NoMhy CiiKn.
IlouclUK County Itnuilw iy V.
enable seaside resort in Duvon. Yesterday
1 coach Ullcil with people was proceeding
along- road that was bordered on ouo side
t > y : i high precipice. When near the odco
the couch wont over , carrying passengers
iml horses to tlio bottom. The escape of
the people from instant death was almost
miraculous. No one was killed outright.
Klght received serious injurlrs , howuver ,
i ml it Is f cured four of them will ulo.
I'lirllnuiont Will ilolil nn Antnntn
.V'stlon.
LONDON , Aug. 12. The Parnellites' agree
ment to vote for the third reading of the
liomo rule bill hns removed any posslliility
of a Hitch in the last stares. Mr. Gladstone
c.ileulatrs that the bill will leave the Housd
of Commons on Friday a fortnleht hence.
His decision to hold nn autumn session In
order to deal with the popular measured has
caused the liveliest satisfaction in the coun
try , though the majority of the members ol
the house arc not ovorjnycd at the prospect
of a shortened holiday.
The first measure to bo taken up will ho
the employers liability bill , then the eqinll-
zation of rates. The gdvornmsnt will score
on both these ino.isurcs , wliich will prove
the sincerity of its promises of legislation
for the xvoricing classes. Any tory opposi
tion to these measures will only damage
their chances in the urb in districts in the
event of a dissolution , while the rural
electors will bo immensely Inliuunusd by the
parish council bill , which will follow the
rates bill , and on which the government ex
pects to secure u second reading before
Christmas. ,
That the stralnod relations between the
parties in the House of Commons which cul
minuted in the recent fracas have not 1m-
proved , is shown by the fact that owing U
a trifling indifference regarding the arrange. ,
incut for pairs , it is now not possible tc
arrange for pairs ut alt.
A now party Is being formed in tlio House
consisting of moderate conservatives
and liberal unionists who proposetc
act independently of the official
unionist leaders , and to com
stituto themselves a check on the extrava
gances of both the unionist and radical ex
trcmists. The party will ho styled the
centre party and a nucleus of about twontj
members lias already been formed. They in
tend to oppose the raisins of debates , oxcppl
on substantial issues and will disassociate
themselves from the section of the conserva
tives which has been ousy in attacking esti
mates and questioning ministers on trivia
subjects.
Sir Charles Ilussoll arrived in Paris todaj
to await the Judgment in the Bering sea ar
bltration uaso which is expected at the be
ginning of next week.
GUOVIJK TO I.UO.
President Cleveland Scuds ills Coiiriitult.
tlons to tlio I'opp.
KO.MT : , Aug. 12. The pooo has received tin
following letter from Cardinal Gibbons :
EXUUTIVB MANSION , WAHIIINOTON , Juno 0
1803. To His Kmlnenco Ciucllmil Olbhoiu-
Your Eminence : Pluuso purmlt mo to trims
mlt through you to Ills holiness , Leo XIII. in ;
slncgro congratulations on the occasion of tin
golden Jubllvo of his episcopate. The pious
urn iittendliiK-thls oxpresslon of my follclta
tlons Is much enhanced by tlio reiiiumljianci
that his holiness hub always manifested i
lively Interest in the prosuorlly of tlio U nllci
States and urcat admiration for our polltlea
liiRtltutlons ,
lam glad to helloro that these sentiment
are the natural outgrowth of the holy father' ;
solicitude for the welfare and happlmm of tin
inaHsesot Immunity , and hlsospeelal bympa
thy for every olTort mudu to dignify Mmpli
manhood and to promote the moral and socla
eluvatlon of these who toll.
The kindness with which his holiness latel ;
accepted a copy of the constitution of tin
United States lends me to surest that , If li
dodsnotseum piosninpllousIt would pluiu <
mo exceedingly to place In his hands u lioo
containing the ofllciul paper * and dncuinunt
written by mu during my previous term o
ofllcc. Yourb very sincerely ,
awm.nCM5VEi.ANi > .
IT IS JlUIIHMl.l'S ltA\ ,
( Irand I'nrntla , Oratory uiul Mutla li
Couiitryiimn ot K'liiiensUy nnil I Inn.
CHIOAOO , Aug. 13 , This Ua big d ty at th
fair. The weatjior is cool and bright. It 1
Bohemian and Independent Order o
Foresters day. These organisations hcl
big parades in ttio city in the inornlnir an
afterward proceeded to the White -Cltj
thronging its promenades and buildings an
in turn illlliig Festival hall , where cxci
clses were held during the afternoon.
Tha principal apcakur in thc.llohoniia
celebration was Charles Joneii , hcutenui ;
governor of Wisconsin , and Anton Dvorat
the famous Hohomlau composer , led a. con
cert of his own composliiona ,
llraved tliu rtcfjrn of ( Vonieii ,
LEAVE.NMvpiiTK , Kan. , Aug. li ! . Atwut fort
of the wives of the striking minors asscn ;
bled at ttio Homo mine this morning am
attempted by threats mid Jeers to provci
the men from going into the shaft. Ever
one of the sixty men who returned to wor
was compelled to run the gauntlet while
dozen policemen stooJ by and offered i :
resistance. H. U. Hush , president of th
Home mine , soys ho will have n squud i
deputy sheriffs on the company's propcrt
Monday morning to drive away all thos
who offer any interference.
Cup Iluleuder * llacn.
NBWIIOHT , K. I. , Aug. 13.Tho Colonia
peatccl hero at the winner of the cup dcfcmle :
yacht race yesterday. Tliero la unothc
claim , however , that Vlgiluut won , havin
arrived ut 'J:3U : a. in. Thu Volunteer wins 1
the schooner class ,
THREE PLAIN POINTS
European Political Interest Turns Now on a
Trio of Chief Oontars.
FRENCH ELECTIONS COMING ON QUIETLY
Results of the Voting Not Likely to Ohango
the Chamber's Complexion.
SOWLISTS H\VE LOST THEI3 TERROR
Session at Zurich Dove-tad to the Discussion
of Frivolous Matters.
ONE SERIOUS PH\SE OF THE SITUATION
Tariff AVnr Ilotwcon Clermtny nnil lliujlu.
Him Uriirlunl 1'olnt Whcro Nnmothlnn
.More Drnilly Thnn a Vnitoini
Hohoiliilo Ality Apiipur.
Ja na < } .mli > n ll nntli.\ \
PAIIIS , Aug. I'J. ( Now Vork Herald Cnblo
Special to Tun UEE. I European politics ,
hi splto of the dullness which exists every
where , are dominated by three events of
capital importance. The first h the French
general Parliamentary olcctions.whlch takes
place on Auirust UO. So far no troubles have
occurred anywhere , and all the Indications
are that the electoral period will pas5
quietly. The results of the elections will lane
no way change the pjlltlcal situation of the
country , as the same men who satin the last
Parliament will for the most p'trt ho re
turned , for It Is certain that the scandals
wo have recently gene Ihrouirli have pro-
dvccd no effect upon the mass of the people ,
and have only had the result of increasing ;
the circulation of the newspapers.
feorlitllstHVanteil Tlu'lr Tlmo.
The second political event of importance is
the International Socialist congress nt
Xurich. The public is also beginning to lese
all interest In this gathering. Tlio socialists
thcio assembled have pronounced many
high sounding phrases , but they have como
to no resolution. They occupied three sit
tings lit discussing whether the scats on the
platform of the hull indicated that these
who occupied thorn had any superiority of
rank over those who filled the seats in the
body of the hall. It seems to mo that it
will be difficult to mulcu any reforms In the
old order of things by menus of such child's
play.
The third event to which I allude is the
aggravated form assumed by the rupture of
the cpmmercial relations between Germany
andJlussia.
lt'I IJoromlnr Very Scrlou * .
Authorised information pcrmltB.tho asser
tion that this rupture was -jptjfrcssly willed
by the czar and that it took place in spite of
nil the efforts of thoJttjhojvwluuHinnoV-glvo
' '
up his belief tluitvhc ptiVi'ov'crcomo the dis
inclination of. tlio Uussiu\etnperor ; William
is gotng-to Frenzborg in ord"or to nialto a lust
effort to win over Alexamloi'i < yid he is r ndy
to prove that ho is willing tofjuJto the last
limits of possible concessions in o'rilpr to ac
complish this end.
According to what ofllcial German persoc-
upos say , the kaiser , if ho fails , will bo piti
less and with all the ardor of his tempera
ment he will turn on Kimia a war of cus-
torn house tariffs may early become another ,
kind of war if the slightest hostile incident
should occur.
The commercial rupture is n'sj looked
upon ns a serious event for the reason that
Austria is taking advantage of it to effect a
roapproachnicnt to Russia.
jAcQuiu ST. CEUB.
err TIIK
Notorluim Io\vn Huluun Keeper Makes *
Itnlil 1'Jiiy.
CHE TON , la. , Auir. I'J. [ Special Telegram
to TIIK Uiiii. ] Lust week John McDonald , a
notorious saloon keeper of tills city , rented a
house opposite the grounds where a elrcr.s
exhibited today and out In a stock of
liquors. Information was given to tl o
olllcers , who swore out n search warrant
and proceeded to i-nld Iho place. They
found several kegs of beer. The mirshal
went out to got a dray , lisavlng two con
stables In charge. While ho was gene Mc
Donald pulled a gun and covered the con
stables while Two fellows who were help
ing him made away with the liquor. The
police linvo not been able to llnd any of the
parties as yet. _
Hunt Time * for "Old Hutch. "
CHICAGO , Aug. 12. The famous wheat
speculator , B. P. Hutchinson , "Old Hutch , "
has- bold his membership on ttiu Chicago
board of trade. The certificate , which was
issued to the old gentleman twenty-six yeari
ago , wont ot a very low price. It Is under
stood that tl.o old man realized but a little
more than S-.KM ) net liy the salo. The mem
bership went into Armour itCo.'s olllco , the
hard headed members of that llrni buying it
for nn employe. Hutcliinson wan at one
time worth $ SCKX,000 ) , accumulated In specu
lation chiclly. The sale of his membership
is taken as marking the formal close of his
business career.
AnxluuH to Sen Their I.unil ,
AKKANSAS CITV , ICati. , Aug. 12 , Louli
Pappan , one of the chlefn of the KTlw In
dians , was in the city today for the piirpono
of securing the assistance of the business
men in bringing about a sale of the surplus
lands ot thu tribe to the government. There
are now but 107 mombcrfi of the tribe , and
ho nays they are anxious to IIIKO their allot
ment and sell the surplus ut t\ \ . ' > per acre ,
There are 10UH1 acres in the reservation ,
and it Is regarded us good us the best la thu
Cherokee Strip ,
Toniifinue Mllltln In Dimgur ,
NAHIIVJU.B , Aug. 12. News comes from
Knoxvlllo that Captain Keller , commander
of state troops ut Kort Anderson , is In ICnox-
ville. When aiked us to the situation of
affairs In thu Coal Crook valley , ho said It
was exciting. Hu could not say whether
there would he any trouble between the
miners and soldier' , Captain Anderson
ayi > that ho has discovered a plot by the
miners to kill himself and the soldiers from
ambush when thuy appeared uloue outsidu
the fort , but precautions have becii taken to
prevent their being ( surprised ,
Ulmlrnmii ) anil Muiini Ouniiiilltre.
UBBK PAHK , Md. , Aug , lU. Secsrotary Car-
llslo is credited with the statement that
Itcprcsentutive Wilton of West Virginia
will bo chairman of the house committee on
ways and means.
Dentruynd hy un KurtlniuuUo ,
HOMK , Aug. 12. Kepoatcd mocks of earth *
quake have destroyed one-half of the town
of Mattlnata on thu AdrliUlucoafct. Several
persons were killed nnd * u 'number Injured.
The Tromboli V9lcuno is in violent eruption ,
Until Movement for Ilia Wvek ,
NEW YOUK , Aug. 13 , Imports gold for tha
week , 113,214,011 ; export * , | 0OJA , , rlv-