THE OMAHA DAILY BEE : TUESDAY , JUNE 5 , 189k
HIS SON MADE A KILLING
McPhenon Didn't Speculate In Sugar but
His Bon Did.
SENATORS ALL ENTER A DENIAL
Itrprmrntiitlrfl Wnrner Tentlllm tlmt tlio
Coiif rllnilloinof the Sugar TruU to Uoin-
ornitlr Ciunpulc" I'untln Mint fre
quently Itccu HuBgcutoil to Illtn ,
WASHINGTON. Juno 4. Senator Gray , as
chairman of ( lie special commlttco to In-
vestlgatn tlio alleged operations of the Sugar
trust In connection with the tariff legislation
today submitted to the senate the second
batch of testimony taken before that com
mittee concerning the examination of all
tljp 'lomocratlc members of the finance com
mittee , Including Senator Voorhccs , Jones ,
Harris , Vest , Mcl'hcrson , Mills and Secretary
Carlisle and Hon. John Dowltt Warner of
the IIOUBO of representatives.
Secretary Carlisle's statement , as It ap
pears In the published testimony , Is not
materially different from that given to the
press olllclally the day after tic was before
the committee , but some point ? arc prc-
, ecntcd In greater detail. Hit memory does
not correspond with that of Senator Jones
as to the time and place that ho was asked
to put the sugar schedule Into Bhape. Mr.
Carlisle stated that Mr. Jones had requested
him to have the sugar schedule prepared on
the morning of Saturday , the fith of May ,
and had come to his house for that purpose
and had Iiandpd him a memorandum stating
what 'he wanted done. Ho had agreed to do
thin , as the service was one the Treasury
department was In the habit of rendering the
members of the finance commlttco. After
lie went to his office ho dictated the schedule
providing for the ed valorem duty of 40 per
cent and the additional > / & of a cent on
sugars above No. 1C Dutch standard. At 2
o'clock that day he went to the capital In
response 10 a telephone message minuting
his presence , taking the sugar schedule
which he had put In shape with him. He
found Senators Jones , Vest and McPherson
and Representative Brecklnrlilgo In the room
of the senate commlttco on appropriations ,
and Senator Gorman came In afterward.
"After talking some time , " said Mr. Car
lisle , "It was suggested by some one and
I nm not able now to state whom , but cer
tainly not by me , for I made no original
suggestion that. Instead of having -10 per
cent ad valorem upon all sugars and V6 of 1
cent additional upon sugars testing above
16 Dutch standard , In color , thcro should bo
a duty of 40 per cen .upon all sugars below
No. 10 Dutch standard In color , and 45 Ter
cent on all sugars above 1C Dutch standard
In color , the additional G per cent being , as
you will observe , equal to % of the 40 per
cent on the other grades.
WHAT JIB AGREED TO DO.
"That was talked about , and while It was
not agreed to because as I say , tlicro were
only two members of the finance committee
present , Senators Jones and Vest It seemed
to be the Impression that they would submit
that kind of a proposition to the committee.
Thereupon some one asked me If I would not
write It. I said : 'I will lust take this
amendment which I have In my hand and
Interline It. ' In addition to that they said
they wanted to put Into the amendment a
clause relating to the Hawaiian treaty.
They wanted to Insert a clause that this
schedule should not abrogate or In any man
ner Impair the provisions of the Hawaiian
treaty , and asked mo If I could not write
that also. I replied : 'I will Just take this
paper and Interline It. ' I took the part
which provided for % of 1 per cent per
pound additional , and put In the provision
for 45 per cent ad valorem. Then I added
to It In my own handwriting all the pro
visions now contained. In It regarding the
Hawaiian treaty , just as It Is today. "
Mr. Carlisle then told of his visit to the
capital next day , which was Sunday , explaining -
plaining how this visit came to bo made , 'to
correct the discrepancy In the schedule ,
which , had It not been corrected , would
have left sugar without either a duty or a
bounty between July 1 , 1891 , and January 1 ,
1895. Tills occurred to him , and , not find
ing Senator Jones In his home , he had
driven to the capital to make the suggestion
that the hiatus should bo provided for , when , ,
to his surprise , ho had found Senators Jones ,
Vest and McPherson and Representative
Drecklnrldgo at work on tho. tariff amend
ments , which were to bo Introduced the
following day. Ho was then told that the
amendment which ho had Interlined , chang
ing the duty on refined sugar from the
compound rate of 40 per cent , had been
abandoned and he had simply said : "All
right , " and came away.
Closing this part of what may be called
his direct testimony , Mr , Carlisle said :
"The amendment which I prepared by Inter
lineations In the committee of finance I
handed to Senator Jones as I passed
through , going out of the capltol on that
Saturday afternoon and I have never seen It
since. Now It seems to mo that some
person I , do not know who It Is has seen
that amendment In my handwriting , and ,
as far as I am concerned , It may ho pub
lished to the whole world and read in the
eonato or anywhere else. It was simply a
coirpllanco with the- request of Senator
Jones and the others present , and on that
the writer based all his statement , I
presume , although ho fixes the tlmo In
February. It was on the Gth day of May. "
FAVORS AN AD VALOREM DUTY.
Upon being asked by Senator Lodge
whether he had advised the finance com
mlttco as to whether It was bettor to have
ad valorem or specific duties Mr. Carlisle
said : "I have always been In favor of an
ad valorem duty , but I do not remember
that I gave them any such opinion then.
There was very llttlo said about it. I may
say also that I have always been In favor of
a moderate duty on sugar as a revenue
article , and I prepared tlio minority report
on the McKlnley bill against the provisions
putting sugar on the free list. "
Mr. Cnrllslo said that ho know that ad
valorem duties were advocated by the sugar
refining Interest , for both the refiners and
the planters , as well as others Interested in
tariff legislation , had talked with him about
their business.
With rcferenco to the note of Introduction
which 1m gave Mr. Havcmoycr to Senator
Mills ho said that ho wrote the note for
him as he wrote letters for others Interested
in tariff legislation to other members of the
commltteo and ho hoped If the note was
Etlll In existence It would bo made public.
Ho said ho had known Mr. Havemoyer for a
number of years and Mr. Havomeyor had
Elated that ho also know Senator Mills , but
feared the latter would not see him unless
ho had .a noto. Ho had never refused to
write such a letter If ho thought the man
who requested It was worthy.
Mr. Havomoyor , ho said , had called to BOO
Mm about the tariff legislation on sugar ,
as had also Mr. Scarles and Henry R. Rood
of Doaton , and all had talked about this
matter , but ho could not remember what
I they hod said. There had been , however ,
no Intimation from any of them that the
dome cm tic parly was under obligations to
the Sugar trust.
Mr. Carlisle denied emphatically that ho
had ever made a secret call upon the finance
commltteo or made a demand upon them to
protect sugar because of the democratic
party's obligations to the Sugar trust.
MILLS DENIES KNOWLEDGE.
Senator Mills denied nil knowledge of the
eccret Interview of Secretary Carlisle on the
sugar question , and said that ho and Senator
Jones and Senator Vest had prepared the
sugar schedule as first reported and he
knew nothing of any memorandum for the
schedule frum the secretary. Ho also de
nied all knowledge of the alleged Sunday
conference of tlio finance commltteo with
those Interested In securing legislation. Ho
Raid he bad never heard of the Sugar trust
being lit the capltol while he was acting an
a member of the fltmneo committee , and that
ho had never met any of the members of the
trust. The letter of Introduction was merely
a formal note containing only two or three
lines. Ho declined to sea Mr. Havemeycr.
Senator Mills also denied any knowledge of
contributions to the democratic campaign
commltteo.
Representative John Dqwltt Warner was
examined on the basis of a newspaper state
ment that an effort which had been Insti
gated by men of great prominence In the
democratic party had been made to cause
Mr , Warner to cease hU fight for free
augar while the tariff bill was pending In
tht houso. Mr. Warner eald that the UB-
Ceatlon had boon made to him that if there
wa not a duty on ingar the Sugar * .trust
would bent the hllf , bat he declined to : ulster
from whom the sugxmtlon hod come ; it trns
from membCM of the house of rcpresenta-
lives. He ali } he hat ] heard very llttto
about the Sugar truit Until the day bcforo
the tariff bill patacd the house , and it had
then become noised abroad that that Interest
was organized for the purpose of difcatlng
his amendment and carrying a duty on
Davis naked witness how many
times In thn courno of the consideration of
the bill In Uio house It was Intimated to
him that persona In the sugar Interest hcd
contributed to the success of the demo
cratic party In New York.
Mr. Warner answered that Ibis phase of
the question had frequently been tuggJitcd
to him , not a ? Information , but n a rroba-
blllty. Regarding the nllegail rfmpe'gn '
contributions by the Sugar trust \fr. Warner
said ho had often heard It charged that
there was one , possibly amounting to $300-
000 , but he knew nothing tibout It. Mr.
Warner refused to give names of repre
sentatives and others with \ > ) o.a ha had
talked , saying that ho hud c nxit jJ with
these persons In con'ldjnoo and that they
had given him Information r.t'hcr t ! an at
tempted In an Improper way to Influence his
course. Ho thought many of Ihrm In
tended , In a general way , to show him the
slzo of the work ho had
M'PHERSON'S OWN DEALINGS.
Senator McPhorson's testimony Is devoted
largely to an explanation of stock purchases
and the method of conducting them. He
said that he had agreed with the finance
committee as to the sugar schedule. "I did
not , " ho said , "favor the sugar schedule
presented , and I did rave some over that , "
but ho added that he had never said Anything
about the democratic party's' being under
obligations to the members of the Sugar
trust. Ho said that If his counsel had been
tiken the Wilson bill would have been ac
cepted by the senate commlttco without
amendment. Ho believed In frea sugar If
It could bo made free and a sufficient amount
of revenue secured. Nevertheless ho had
offered sugar amendments In committee pro
viding for a specific duty of 1 cent per
pound on sugar "testing 80 degrees and a
gradual Increase of about 1 mill additional
for each degree for refined sugar. Ho Bald
ho had never come In contact with any of
the sugar refiners except Mr. * Searles , who
had called on him In his house and remon
strated against the schedule he had presented
In committee. Ho repeated that ho never
know of any obligations to the Sugar trust ,
but said ho had heard the statement made
that the sugar refiners were In the habit
of giving the democratic sldo a small con
tribution and the republicans a largo ono.
Mr. Mcl'herson stated that while ho kept
an office In Wall street and had been In the
habit for the past seven or eight years of ,
buying stocks as an Investment and selling
them , he had not considered himself an
operator In the usual acceptance of the
term. He said that In addition to the pur
chases of Sugar stock made by his son In
February ho had purchased some Sugar stock
In October and November and had sold It
In December when congress convened.
Questions put by Senators Allen and Davis
developed the fact that Senator McPherson's
son had made a profit of about $1,000 on the
stock bought on the 22d and sold on the 20th
of February.
Closely questioned by Senator Allen of
Nebraska , Senator McPherson stated that
It was In the favor of the Sugar trust to
put up or down the price of Its stock and ho
knew this before his son bought the stock.
Ho also knew that putting a tariff on sugar
would tend to Increase the valueof the
stock. Ho did not think It right to speculate"
In the stocks affected by legislation and had
never done so.
In the course of his examination Senator
McPherson stated that It had been very
definitely decided between himself and his
son tha the telegraphic order for Sugar
stock of February 22 was not to bo sent
and that his son wont to New York the night
it was written. Ho thought the order had
been carelessly left on the desk and had been
Inadvertently sent by a servant.
Senator Vest also denied the statements.
Ho said hat Mr. Carlisle was In the com
mittee room from tlmo to lime and con
sulted with members of the commltteo In
'regard ' to the tariff bill ; that he expressed
great anxiety that the commltteo should
agree upon some measure and that It should
become a law , but ho made no statement
about party obligations to the Sugar trust.
'Mr. ' Vest said ho had an Indistinct recollec- '
tlon'of Mr. Ca'rllslo drawing up a provision
In regard to sugar , but ho did not know
who received It , nor did he know that he
had over seen It. At any rate It was not
the schedule that was adopted and If ho did
so report a schedule 'his ' preparation of lt <
had no connection with Uie reported scene
In the committee room , which never oc
curred. He pronounced as "a Ho made out
of whole cloth" the story that ho had
changed front on sugar and said that he
would bo compelled to cease associating
with Joe Tllckoy because of the suspicion
which might bo aroused by the fact that
Rickey was a speculator. "I was for free
sugar. " he said , "but I was finally com
pelled to favor a duty of 1 cent a pound on
raw sugar and no duty on refined sugar and
no ad valorem. "
Ho stated he never exchanged a word
with Rickey or gave him any Information.
Mr. Havemeyer had come to his house and
made an argument for what ho wanted Just
as any other manufacturer would. .
Closing his testimony , Mr. Vest said :
"I have never used my official position for
p-lvato purposes. Any statement that I
have Is absolutely false , as Is also any state
ment that I over gave any Information or
had any connection with the Sugar trust-
that Is also absolutely false.If anybody
can make the denial broader I wish ho would
do so. "
Senator Harris' testimony consisted of a
general and specific denial of all the allega
tions upon which the Investigation Is based.
Ho had never , ho said , heard of the re
ported secret visit of Secretary Carlisle
to the finance commlttco or any sugcp ticns
ho had made with regard to a " ' . .gar bounty ,
He also stated ho had never Invested In
stocks of any kind , and it other senators
had bought sugar stocks bo was unaware
of It.
Senator Jones of Arkansas testified as to
Secretary Carlisle's agency In the prepara
tion of the sugar schedule , and his state
ments coincided with those of Mr. Carlisle
us already published.
Senator Voorheca denied- that Secretary
Carlisle had visited the finance committee
and demanded protection for the Sugar trust
on the score of campaign contributions. Mr.
Voorheos also declared there was no truth
in the story of the Sunday meeting of the
finance commltteo. when It was alleged those
Interested were In an adjacent room and
prepared the sugar schedule whllo the com
mltteo walled. _
WKSTKUN l'KNSION9.
Veterans of the T.ate War Remembered by
the Ocncnil Oinernmnnt.
WASHINGTON , June 4. ( Special to The
Hee. ) Pensions granted , Issue of May 22 ,
were : Nebraska : Increase Charles G. WIN
Bon , Blue Hill , Webster. Reissue Andrew
J. Harmon ( deceased ) , Omaha , Douglas.
Iowa : Original John McMillan , Knox-
villc , Marlon. Restoration and Increase
Honjamtn K White ( deceased ) , Jefferson ,
Greene. Reissue Wolsey Hawks , Marble
Rock , Floyd ; George Trautman , Marshall-
town. Marshall.
Colorado : Original Catherine M. Landon.
Highland , Arnpahoe. Hi-Issuo Alfred W.
Partridge , Idx Jura. Conejos. Original wid
ows , etc. Roxy M. Patterson , Denver ,
Arapahoe ; Theresa M. Haas , Denver , Arap-
nhoe.
North Dakota : Helssuo and Increase-
George Hutchlngs , Lisbon , Ransom.
Montana : Reissue George Reynolds ( de
ceased ) , Helena , Lewis ana Clark. Original
widows , etc. Louise Reynolds , Helena ,
"Lewis and Clark. Mexican war survivors ,
Increase John Wcedon , Arlee , Mlssoula.
No Foundation fur Reported llonit ISMIO.
WASHINGTON , Juno 4. It can bo stated
*
on the highest authority that the published
statements that another bond Issua Is In
contemplation arc absolutely without founda
tion , Mr. Carlisle , ' when questioned today
regarding the matter , stated the subject of
another bond Issua bad not been mentioned
In the cabinet , and he had held no confer
ences with the president regarding it. The
cash balance In the treasury at the close ot
business today was $117,449,033. of which
175,400,166 is gold reserve. Notice ot an en
gagement of 11,400,000 In gold for export Is'
received from New York , which leaves the
true gold reserve J74.0I4.0C6.
Scnntu Mukixi Una Man Huppy.
WASHINGTON , June 4. The senate to
day confirmed Robert W. Smith as post
master at Sterling , Colo.
Dent of music at CourUind beach.
WILL VWB-ON SUCAMIMY
Bcanlt Brought About by 'ho Unanimous
Consent of Senators ,
REVENUE DERIVED FROM SUGAR DUTIES
Scimtor Jrnrs ( Juotcs Some Figure * Which
ticmitor Hour Uiimtlont
Drclnrm the Dulles on lie-fined
hugnrii Are I'rohlblllvu.
WASHINGTON , Juno 4. Thirteen senator * ,
six democrats and seven republicans wcro In
the senate room today when the senate en
tered upon the tariff bill. Senator Hoar sug
gest cd the absence of a quorum , and twenty
minutes Were spent wanting the presence of
forty-seven senators nescossary to proceed.
A resolution providing for the payment of the
expenses of the bribery and other Investi
gating committees out of the contingent fund
was adopted.
Senator Vest took the floor and made a
brief explanation concerning the controverted
point In last Saturday's debate as to the ex
istence It the Sugar trust In 1S90. Senators
Aldrlch and Sherman had contended that
the present trust was not In existence and
that Its stock was not listed on the New
York stock board. Senator Vest produced
some authorities to show that 8,926,000 shares
of the stock of the Sugar Refining company
were sold on the market In New York in 1890 ,
which at $100 per share represented $800-
000,000. He had as much right to Insinuate
that the Sugar trust dictated the sugar
schedule In the McKlnley bill as senators
on the other sldo had to Impugn the action
of the majority In the present congress.
Mr. Allison of Iowa followed Mr. Vest with
an elaborate speech on the sugar schedule.
It was , ho said , by far the most Important
provision ot the bill. It afforded one-third
of the revenue produced br the bill. Mr.
Allison declared , according to numerous au
thorities-sugar could bo refined cheaper hero
than in Germany and some other European
countries. The schedule practically would
prohibit the importation of refined sugars.
It was not a schedule for protection , but for
prohibition.
Mr. Jones of Arkansas followed with a
detailed explanation of the sugar schedule.
Ho denied that the McKlnley bill had given
the people ono ounce of free sugar. Dy Im
posing a duty ot six-tenths of a cent on re
fined sugar It had taxed the people $23,000-
000 , all of which went Into the pockets ot
the refiners. Resides $15,000,000 had to be
paid out of the treasury In the form at sugar
bounties , so the total sugar tax on the people
of the United States amounted to $38,000-
000 , of which not one dollar had gone Into the
federal treasury. The duty which It was pro
posed to Impose by the bill , he said , would
cost the people about $55,000,00d , of which
$30,000,000 woull go Into the trea ury $6,000-
000 to the planters In the form of protection
and $6.000,000 to the refiners , who would get
but one-fourth of what they get under the
present law.
MATHEMATICS TOO COMPLICATED.
Mr. Hoar did not believe his constituents
would understand the complicated mathematics
of the sugar schedule , but ho said they -would
understand that the party which promised
them free raw material , free coal , Iron ore ,
free sugar , etc. , had betrayed New England
by striking down their Industries In order to
build up those of the south.
Mr. Platt of Connecticut , who followed
Mr. Hoar , denounced In bitter and caustic
words the surrender of the democratic
majority to the Sugar trust. Ho concluded
at 5:50 : and then , after some sparring , Mr.
Harris succeeded In effecting an arrange
ment by which all the amendments to the
sugar schedule would bo voted upon to
morrow.
In accordance with the notice he served
last Saturday ho stated that unless some
agreement could be reached for facilitating
the disposition of the measure ho would be
compelled to ask the senate to sit longer
and later. Ho asked that unanimous con
sent be given to vote on all the sugar
amendments at an early hour tomorrow.
Mr. Hoar suggested it was too much to ask
the senate to vote without debate on all the
amendments offered to the sugar schedule.
Ho suggested that a vote be taken on the
amendments to the bounty paragraphed at
1 o'clock and that then tlio. debate on the
other amendments be under the ten-mlnuto
rule , with the understanding that the en
tire schedule bo disposed of tomorrow.
This was agreed to and at 0:10 : the senate ,
on Mr. Harris' motion , went Into executive
session and a few minutes later adjourned.
KANSAS GOT TIII5SI ALT. .
1.1st of Fostinastcrshlp Nominations Made
by tlio President Toilny.
WASHINGTON , uno 4. The president to
day sent the following nominations to the
senate :
Charles Nellson of Maryland , second as
sistant postmaster general , vice "Lowrey "
Bell , resigned. i
Postmasters P. A. Emerson , Kinsley ,
Kan. ; John W. Clendennln , Anthony , Kan. ;
Joseph B. Fuato , Newton , Kan. ; Harry Mc
Millan , Minneapolis , Kan. ; Warren Knaus ,
McPherson , Kan. ; Frederick N. Cooper ,
Lyons , Kan. ; Sarah Blair Lynch , Leaven-
worth , Kan. ; John E. Ireland , lola , Kan. ;
J. M. McCowan , Emporla , Kan. ; David
Swlnehart , Dodge City Kan. ; William 'A.
Sturm , Caldwell , Kan. ; Edgar C. EPost ,
Atchlson , Kan. ; Timothy Sexton , Augusta ,
Kan. _
State liunlc Tux In the House.
WASHINGTON , June 4. The galleries of
the house were well filled today , and on the
floor there was a goodly array of occupied
desks during the early part of the day.
As the afternoon were on tlio attendance
thinned out , and when adjournment came
there was not a halt hundred members on
the floor.
The Brawley state bank tax bill was dis
cussed by Representatives Dalzell of Pennsyl
vania and Raynor of Maryland for the oppo
sition and by Representatives Cobb of Ala-
lia.ua and Dates ot Alabama In favor ot It ,
and tlien the house agreed to a senate joint
resolution appropriating $10,000 to defray
the expenses of the sugar Investigating com
mittee.
r iu Columbia's Grounding.
WASHINGTON , Juno 4. Acting Secretary
McAdoo today ordered a court of Inquiry to
fix the responsibility for the injury sus
tained by the cruiser Columbia by grounding
on her trial trip. The board will consist
of Commodore Carpenter and Captains Reed
and Hlgglnson , and will assemble at League
island navy yards as soon as the members
can get together. _
House Committed 1'uvors Atlanta.
WASHINGTON , Juno 4. The bill to ap
propriate $200,000 for the Atlanta , exposition
will be favorably reported to the house from
the committee on appropriations.
Wo could not Improve the quality If wo
paid double the price. DaWltt's Witch
Hazel Salvo la the best salvo that experience-
can produce , or money can buy.
Best ot music at Courtland beach ,
Sunitury Condition of the Depot.
Commissioner of Health Savlllo Is prepar
ing a report of the commlttco of the whole
on the sanitary condition ot the union depot
which will ba presented to tlio Board of
Health at the meeting this afternoon. The
report will call attention to some ot the
unhealthful features of the structure , par
ticularly th water Closnti , and probably-
lum up the situation with , the conclusion
that It would be prbclfcaHy Impossible to
keep Mich a rattle-trap feoncern In anything'
like a sanitary condition * , iifl
ItK.l IT I'.ttt.UllKVlTltlT.
Steclti & WnlUcr , IVhoK-niilirOrocor * , Torccil
lo Mitlco nn AMlKlnnent.
ST. JOSEPH , June t.At 4 o'clock this
morning Stcoto & Walk rpho ' of the largest
wholesale grocery firms nn the Missouri
river , made nn assignment for the benefit
of their creditors , W nW. Wheeler and
Deattle Weaktey being" rfjimed as trustees.
At the same tlmo of the tiling of the papers
of assignment D , M. Stcete and S. A , anil
J. Walker filed InatrumHi'ta conveying all
their other property to the * trustees for the
benefit of creditors. 1116" liabilities of the
firm arc placed at $725,00J. } ' of which $036-
000 Is In bllb payable , 'one-halt being held
by St. Joseph banks. The. assets of the
firm are $300,000 In stock ot goods and
$270,000 In book accounts. Mr. Stccle has
personally ri signed for the benefit of cred
itors $229,000 in real estate and $150,000 In
personal property.
In making tha assignment nothing was
reserved except the homestead of Mr.
Steelc , both the Walkers conveyln'K their
residence property to secure the liabilities.
This firm was composed of D. M. 'Steele ,
S. A. Walker and J. > W. Walker , and has
been regarded as one of the strongest In
the west. D. M. Steels having been rated
at from $750,000 to $ l,000OQO.
The failure is the result ot lack of .confi
dence. At the tlmo of the Schuster failure ,
several weeks ago , when It became -known
that he was a heavy debtor to the First
National bank , in which bank Steele &
Walker were both large stockholders , the
creditors of the latter firm began pressing
their claims , and the failure this morning
was the result. When It was announced
today that the firm had made an assign
ment , n run was started on the First Na
tional and the Central Savings banks. In
both of which Messrs. Schuster and Stcolo
& Walker wcro largo stockholders. Consid
erable excitement was caused by the run
and thousands of dollars were drawn shortly
after the opening hour. In the case of the
savings bank depositors were allowed to
draw but $50 , the thirty-day rule being en
forced on all checks for a larger amount.
At noon , when It became evident that the
banks had plenty of money , the crowds ol
depositors dwindled to a few dozen , when
before that tlmo the line had extended tar
out Into the street.
It is claimed both banks will pull through ,
and It Is hardly likely the runs will extend
to any other banks or last longer than today
at most.
D. M. Steele was formerly a member of
the firm ot Nave. McCord & Steole. which
commenced business at Savanna , Mo. , be
tween 1810 to 1850. At first the house did
only a small retail business , but the firm
kept up with the develppment of the country
and gradually drifted Into the wholesale
trade. In 1873 Mr. Steele organized the firm
of D. M. Steele & Co. at St. Joe , which In
1884 was changed to Steele & Walker. Mr.
Walker bought a half Interest In the busi
ness of about $125,000 , borrowing the greater
part of the purchase money from hls uncle ,
A. N. Schuster , the wholesale clothing mer
chant of St. Joseph.
Several New York firms who ore heavy
creditors of A. N. Schuster & Co. have filed
suit to have J. W. Walker ousted as trustee
of that stock. Fraud In connection with the
Schuster failure Is charged and the document
Is replete with charges of a sensational
nature.
STEELE TURNS OVER MORE PROPERTY.
Late this afternoon D. ' M. Steele turned
over all of his Kansas'Mands for the benefit
of the firm's creditors.The land is ap
praised at $175,000 , which brings the total
amount of assets so faY up1 'to $790,000 , with
additional assets \vhl6li will be turned In ,
which will bring the total"up $1,100.000. .
The list of creditors' ha's , now reached a
little over $710,000. Th'e firm Is Indebted to
Mrs. Kate Tootle of tftls city to the amount
of $64,000 , and SteadmariMSteelo ; , & Wheeler
of Boston represent ' $110'.DOO , with Duns-
combe & Jennings of Now'York representing
$100,000. The total arnbuiU duo local cred
itors Is $270.000. " The r h on the First
National bank of r ' Buchanan county
and the Central 'Savings bank was
stopped at noon. Tho' ' Buchanan had
over $1,000,000 'in ' cash when _ the
trouble started and ' -whllo it was at Us
' .height a wagdn drovoUin'and $400,000 more
In currency was unloaded1 and piled on the
.counters with an Invitation to the people to
como and get their money. The bank re
fused aldi offered by the clearing house ,
which IB ready to furnish all that Is needed.
Over $4,000,000 Is In the bank vaults here ,
which will be available If needed. At the
Central Savings the officials took advantage
of the thirty and sixty days' notice and paid
no more than $50 to a depositor. The run
stopped at 2 o'clock and when the bank
closed , after being kept open until night ,
no ono was asking for money. The run was
principally caused by small depositors and
the bank had more money when It closed at
night than when It opened.
S. A. Walker , as soon as the failure of
Steele & Walker was announced , tendered
his resignation as cashier ot the First Na
tional bank of Buchanan county and R. S.
McAllister was elected In his place. Tonight
all danger of another assault on the banks
seems to bo past.
WICHITA , Kan. , June 4. Steele &
Waller's branch house closed here today on
account of the failure of the St. Joseph
house.
_
Onmha House Not Affected.
Superintendent Taylor of Bradstreet's ,
being Interviewed , states that the Omaha
house ot the Stcele-Smtth Grocery company
is riot directly affected by the failure of
Steele & Walker of St. Joseph , Mo. It Is
true that D. M. Steele of that firm Is a largo
stockholder In the Omaha concern , but the
Omaha business Is a corporation under Nebraska , -
braska state laws so that It Is separate and
distinct from tha business at St. Joseph.
The Omaha company has a capital of $300-
000 and assets largely in excess of all Its
liabilities , and Is reported In position to
take care of Its matters Independently.
Late yesterday afternoon the sheriff served
papers upon the members of the Steele-
Smtth Grocery company , citing them to ap
pear and show whether or not they have
property In their possession belonging to the
St. Joe house. The petition filed In the case
alleges that the Omaha house has In Its pos
session property of the value of $15,000 that
belongs to Steele & Walker. Subsequent to
this some real estate belonging to Steele &
Walker was attached.
liurllngtoii Ileiich , Lincoln.
Thla popular resort has been greatly enlarged -
largod and beautified , and Is today without
an equal In the state of Nebraska. Every
facility for boating , bathing and sailing Is
provided. The steamer City of Lincoln Is
once more In commission , and is patronized
dally by delighted hundreds. The outlook
from the cool , ahady , breeze-swept floor of
the big dancing pavilion Is as pleasant as can
bo found anywhere. A first-class brass band
ia In constant attendance. There arc half a
dozen refreshment booths ? In fact , every
thing that contributes , to the entertainment
and amusement of visitors Is at hand.
rerfrctlyjU Home ,
The Irrigated lands ! b't J.daho possess that
peculiar qualification \yhlch 1s perfectly
adapted to the raising lot apples , apricots ,
peaches , cherries , ptarsj plums , grapes ,
prunes , hops , alfalfa , ' 'cotjn and potatoes ,
which always flnd a ready.'market and bring
a good price. 1'
You can't overstock ( hojj/nltod States with
these commodities. , ,1 , )
We'll send our advertising matter on ap
plication.
E. L. Lomax , Q. p. anfl-T. A. , Omaha , Neb.
McUnnn Will Not ( io'Illick to Congrca * .
CHICAGO , Juno 4 , : pdjj ressman McGann
eays ho will not bo canJIdatu for re-elcc-
Highcst of all in Leavening Power. Latest U. S. Gov't Report.
lion. Thli week he will take chsrR of th
Twemtr s c < Hiil street o ! Hrlo line. Mr. Me-
Gann Is president ot the company which Is
to operate the road under a lease.
Courtland bench Is finer than ever.
NWAItAOUAS HA I'K VOXTltOK ,
Qnlet Ilrtcm nt Illuclloltli with No Imllcn-
tlon of n OliiinRr.
NEW ORLEANS , Juno 4. The steamship
William 0. Hawcs , flvo days from llluo-
flelils. arrived at 6 p. m. Passengers re
port everything quiet In Ulucflelds nud with
no prospect of this condition of affairs being
changed. The Now York , San franclsco
and MAglclcnno are still at anchor near the
bluff. The NIcaraKuans are In full charge
and Lacayo administers n fin Irs to the satis
faction of ovcry ono saro these merchants
who do not like the Idea of paying duties on
Imports. % The port wharf and customs repu-
lntlons are the same as were In forca under
tlio old Mosquito , except that undur the now
regime promises are not taken for the pay
ment of duties. The money must bo paid
down bcforo the goods are delivered.
Clarcnco Is under Drltlsh protection. This
Is all said for effect. No ono wants to
hurt him and ho can still claim to be clilel
ot the Mosqultos. Lacayo is going to ad
minister affairs for Nicaragua. Argu lo ,
the murderer of Wilson , la still at large.
a
DoWHt's Witch Hazel Salvo cares piles
A Hracii of lllnzos.
nunLINOTON , Vt. , June 4. Drodles1
block , a four-story structure , \\as destroyed
by flro with Its contents. Loss $55,000 ; In
surance , $35,600.
rETEUSIltmo. III. , June 4. A business
block In Ashland burned today. Loss , $ GO-
000 ; small Insurance.
the Curtains and Uphol
stery of your Parlor ,
Boudoir , or Bed-chamber
with the genuine MURRAY
& LANMAN'S FLORIDA
WATER ? No ? Then truly
have you missed a
luxury. Try it at once.
Its health-giving breath
will purify the air , and its
lingering sweetness lend
another charm to home.
REMEMBER
FLORIDA WATER.
SEARLES
& SEARLES
SPECIALISTS
Chronic ,
Nervous ,
Private
AND
Spec ial
Diseas es.
TREATMENT BY MAILGONSULATIDN FREE
Wo euro Catarrh. All Dlaoassa of
iho Nose , Throat , Chost. Stomach ,
Liver , Blood , Skin and KJ-"Jnoy DIseases -
eases , Female Weaknesses , Lost
Manhood AND ALL PRIVATE DIS
EASES OF MEN.
REMOVED TO
1410 FARNAM STREET.
Call on or Address ,
Dr. Searles & Searles ,
TRUSSES.
DOES WE HAVE
YOUR A ROOM
FOR FITTING
TRUSS
TRUSSES
PLEASE
and a
YOU ? Large Stock.
The Aloe & Penfold Co.
14.08 Farcam St. , Opposite Paxton Hotel.
THE LION DRUG HOUSE.
BEAUTIFUL
TEETH.
A FUI/.L SET 85.00.
DR. BAILEY , Dentist.
THIRD FLOOH. I'AXTON
PalnlcBH extraction wllliout uia. Tooth out In
morning new OIIPS In-foro dark. Oold and iilntl-
nuin tllllnss , * 1.00. Pure cold IlllliiKH. . ' Oil and
up. All work w.iiranUi ] . Lady iitti-ndunt In
otllco. Qeumiu upokuu. Tulupliono 1085.
IrulM curattvo ncflnt for Korvoas or BUk
HeaiUclio , IJraln Lxiiaustlon , Blueplwjnes *
Jl-eclal or general tjourulglai ' liirlthai.
mntlurn , Gout * Kidnuy IHw ira r , Acid lit
ln. Aiinmla. Antlilota for Alcolioli
oilier eiceue * . 1' W
THE ARNOLD CHEMICAL CO.
101 S. Wcilern Avenun. , CHIPAQuV
Vor sale by oil
Wo will tend Jon th marreloni
French Preparation CALTHO8
fifxs anil a l l Rairmteo that
tlALTIlttd will Itnto your
Ural Iti , NtrengtU nj Vigor.
Ute Hand pay ifiatif
AcJrtrodoVON MOHLCO. .
oIai > erUaatuK Cbcfeuti , OlU.
SUMMKU ItKSOHT.
Ocea.ti tiotise
NKWPOUT , H. I.
OPENS JUNE 23rd.
The Leading Sc.ttthoru Huorl of AHKIUOA.
WAUHEN L15LANI ) . 1'roiirlulor.
WAIUlKN UiUAND. Jr. . Manager
ALSO HOTKIj AVtf.NEL , LUNG 11UANU1I.
.lint Columbus found
Jl After he thought tlmt the world wns round.
This is the city of wondrous fame
[ That has grown so great since Columbus came.
This is the firm tlmt is making the soap
That will clerfh up the land of Christopher's hope.
This is the soap housekeepers demand ,
The most satisfactory soap in the land.
Made by this firm , in this city that lies -
I
In this laud , by the lake , and up in the skies.
%
W
* The
Inside
Complete
OF THE
KNOWN AS THE
Worlcfs Columbian Exposition
VERY paragraph personally written
by the very men who designed ,
controlled and operated the Fair ,
namely :
Butnbam
Who was Architect in Chief and Director
of Works , and
> . fllMIlet
The Director of Decorations , who had
charge of , the decorations , sculpture and
adornments inside and upon the buildings , .
and in the grounds ; also of the ceremonies ,
processions and entertainments , etc. The
work is called
_
" ' ' * *
* siT
- - * i sc
AND IS
Magnificently Illustrated
1 00 FULL PAGE COLORED PLATES
MADE FROM ORIGINAL PAINT-
'INGS , EXECUTED BY LEADING ART
ISTS OF AMERICA FOR THE BOOK.
HUNDREDS OF FINE BLACK AND
WHITE DRAWINGS
1M.O flbhoto& Mr 1
II V W llt Bo' * v ' / EV *
BRING 5. coupons and 2o cents , or sent by mail C cents extra , in coin , stamps not 1I
ncooptcd. Address ,
Memorial Department , Omaha Bee. I
The
Merrier.
Chocolat = .
His reasons arc :
Tea and Coffee create nervousness with
a people too nervous already ;
Uittcr Chocolates are not fit to make a cup
of chocolate ; cheap ( sweet ) chocolates are
impure , hence injurious ;
COCOA is no more like CHOCOLATE
than Skimmed Milk Is like Cream.
Chocolat-Menier is an exquisite Vanilla
Chocolate , as nourishing as meat , as low
priced as oilier beverages , and far supm'or.
Ask for yellow wrapper. Your crocer has iL
PARIS ITsi E g\j ! 1 IE INJ LONDON
CD Wnbatli Ar. , Clilrugo-bU \ \ . Jlruailitny.Ii' . V-
NEBRASKA
NAT1ONAX ,
U. N. l > fi > oittoru , Oimili a , 4Yfbr < i /'u.
CAPITAL $400,000
SURPLUS $55.500
Officers and Directors ; Henry \V , Yatcs ,
president ; John S. Culllni , vlco-presldeut ; "
H. Itewl. Cashier , William II. 8. Hughes ,
nnt cashier.
THE IRON BANK
HO
according to
cloth selected
Cut to Order.
i
| 3
Pants
Company
408 N , i6th St
