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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (March 8, 1896)
PART III. r "HE OMAHA SUNDAY PAGES 17 TO 13M99M : 20. OMCHKJ J ESTABLISHED JTJ3SE 19 , 3871. OMAHA , SUNDAY MOItTSTINGaLiltCn 8 , 1800 TWENTY PAGES. SINGLE OOPV I1 ? IV 13 OK 1H * H A COSTLY HAII.lt\I ) AVUIJriC , Two llcnill ) I.mU'ii Krrluht Trnltm Collide nl n CfiMNhifr. 20 freight cars badly smashed. Overland freight loaded nt San Fran cisco with Japanese ( iiul Oriental nigs crashes Into tlic Transcontinental fast thiough freight. Claim agents ot botli roads wire Hos ion Stote , Omaha , to si'iid their rppiv Bontntlvc and make a bid for tile entire - tire wrcclcod nu'rclnuidtsc. 1JOSTON STOHK GUTS IT. Tlio price icullKcd w 8 very mnall , coiiRldiTlnjr tliat iliu goods wuio aljnost In poifeet condition. Only the tups from Kan Francisco bo- CPio wet. The ( roqdx from the east tuo hi altnoHl peifect condition. \ MONDAY. MAUCU DTII , - - " Ho toi ) Store will place on wilt ! 18. bales high grade Oilental and Dinttscn Hugs. Those come In illl nlaes , fiom a BHiall cioor mat to thu largest rug for n lull Him ! room. 2 cm loadH of tniuks. fiK ( ) leal her vallserf. 25,000 yanls of all kinds of cotton goodrt. I eases ladles' hosiery and underwear. 2 casea muslin undoiwear. ' lli cases dress goods. ' I case silks. " , I case boys' clothing. , , . 3 cases moil's ] ijiiitH. 30 cases mixed freight. .TO cases ulioe.'i and boots. BO rolli caipet. cases curtains. This is only n portion of the entire purchase , but It Is nil wo could get ready for Monday's sale. The balance will by put on us fast as we can get It hi shape. (6th ( and Douglas , QUA. 38 BALES Tomorrow we wilt place on sale 38 Bales of Oriental Rugs They arc the original and regular HIGH Dantzu Rugs and are in all sizes from the small Uoor mat to the 10 feet by 14 feet size largo enough for the biggest room TluM > arc jjnarantood hand made sumo as tbo finest grmlo of Turkish Art RUBS but GRABS having btcoraQ slightly soiled in the wreck wo will soil thorn ivt the most unheard of low prices They \\oro originally con signed to the largest doulor in Antique Curios in Now York. Tlieso rugs nro all In thosorloh superb Oriental colorings. Oriental Oriental Oriental Oriental Rugs Rugs - " V " -a ' Sizes 18 by 36 6 feet by feet 0 foi't Oby lOfuotn si/o 10 tout by 14 foot Size inches 9 36 by . 54 Sixe 36 by 36 Most bountiful Orlcii-1 Thu l.uitostslvu intidul which sell the world tul dcslRiis t'vor scon. ' Thosopiittorns must' ' Nice . Lur o cnoueh lo cnr- U lioso would boa b.ir- _ bu suon to bu iinpri'- patterns. over for $1.25 Regular price $1.50 iiot uny sleeping room . Kiiln lit 12000. ; Our nncn tomorrow ? .VU- wlilcli cliitoil. Tlit-y ant hnrtl to ile > crlle. Tlioy . Most liMiuKomc pattern , to nilnr prlcn I12.0 Is tbu prlco of a clu-up liiRriiln cm pot only.wlilcli would to u biirKiiln even nt , i.lD.OO. Regular price $2.00 Worth From ( O c up io 40c a Yard at Wholesale * GO AT THE UNIFORM PRICE OF : I F " WORTH UP TOgo WORTH UP TO Ik" go CENTS 40 CENTS PER YARD. PER YARD. ( TH SE ARE ONLY SLIGHTLY W T. ) Among tlicse Forty Cases are 2 eases PI2R8IAX LAWN , \vhok-salo pilco 40c yard , oui- price 5c AZiTi 1 case A. V. 0. GIXGUAJI , Binall ohecki ? , wholesale price lO'/Sc . 5c GO 1 Cji.sp 30-iiieh GAUNBH PEUCALE , wliolcsale price 12c , go at-5c AT 1 case NEW UKJANB pIMITY , wholesale price-12'/jC , go at 5c 1 cabe NEW LINEN COLOU WASH GOODS , worth 25c. goat 5c I 1 ca&c OUTING FLANNEL , dark anil light colors , worth 12&c 5c | 1 case OKYSTAL J1OIHE , worth 2oc , goes at 5c S cases NEW OIIEPE PLISSES. worth 29c , go at..5c 2 cases NEW WUAPPEH FLANNUL13TTH , worth 18c. nt 1 case APUON LAWN and PEUCAL1J APRON , worth 2oc , go at5c A 1 case wet DOUBLE NAP OUTING FLANNEL , worth 2."c , go at5c YD , 2 cases fancy pattern CRETONNE , worth lOVic , go at 5c 3 cases BLACK BATISTE , worth 25c , go at 5c 2 bales CLIFTON MILL UNBLEACIIE D SHEETING , worth Cl4e at wholesale , WRECKING NATIONAL BANKS How Millions Have Been Lost Through Dishonest Officials. RUINS SKETCHED IN BLACK AND WHITE of TlioitNumlM Snopt by Speculative Adventurers Al > l > nIIIiiir liucoril of Financial minuter. ( CopjrlKlit , U8 , by Frank d , Carpenter. ) WASHINGTON , March 5. I write today < 6t the losses of millions. Our national banks are considered tbo tafest of Investments. Still , In them fortune * * have been stolen , rich men have b en made paupers and the widow and the orphan have again and again lost their llttlo all. Gigantic frauds have been perpetrated through them and the stories of many of them are full of romance/ and adventure. During the past few weeks , with the assistance ot Mr. James H. Eckels , the controller of the currency , I have looked into some of the biggest swindles perpe trated by dishonest persona who have got ten control of national banks , and the mat ter which follows is , pernaps , tno first true statement given as to the great failures ot which It treats. It is made from notes for mo by the receivers of the various banks , at the request of the controller , and it may be relied upon as authentic. HOW FERDINAND WARD STOLE MIL- ! , LIONS. First , take the great swindle perpetrated through the name of Oencral Grant by the firm "at Grant & Ward. This Is , perhaps , the input notorious bank failure cf our his tory. 'It occurred on the Cth day ot May. 1884. The bank W B known as tbe Marine National bank. It had a capital stock of $400,000) On the day It failed It had debt * amounting to more than $5,000,000. Tne Marine bank had been In existence for twenty years , but about the tlmo General Grant came Into It In 18SO It was reorgan ized , and the chief proprietors ct the bank were then James D. Pish , Ferdinand Ward , General Giant and Ulysses 8. Grant , Jr. Grant put $100,000 into tbe bank. Ho got the money , it U said , from the sale of the house which tbo iltlzena of Philadelphia gave him n'tcr the war was over as a token of their love and esteem. Grant was then at the helcbt ot his fame. Ho had Just re turned from his trip around the world , and was talked of as the third-term candidate for the presidency. James 1) . Fish had long been tbe president ot the bank. He wati then 60 years old , and he was , it Is be lieved , to a great extent innocent ot fraud , The arch flond of the conspiracy was Ferdi nand L ) . Ward , cvuo , at the tlmo tbe bank was organized , wn8 B'"l ' under 20 , He cot acquainted with Fish by deposit ing In bis bank , and also through his mar- rlauo with a daughter of ono of Flit's friends. It was Ward who manipulated all the wlndlei. U was he wbo got Grant Into tiio bank and made him believe that jia couM make a fortune In it. As soon as the bank was thcrougbly organized Ward brought forward his celebrated scheme of "government contracts , which never existed , " He would pretend , for Instance tbat ho had secured a contract calling tor $200.000 , on which tucro was a sure profit ot from 30 to CO per cent. Ho would take $100,000 worth ot th clock for Grant & Ward" and wculd then bring In other capitalists to take the balance. Fish thought the con tract * were genuine nd be urged the other parties to go In. The money cf the capi talists was paid into the Marine bank , and Ward would give notes on the bank , in dorsed by Fish , bearing the legal rate of in terest , and also a separate guaranty for a certain amount of profit within a certain time. AVhen the notes became dus he would check against the account of Grant & Ward , and ho kept up this schema ot organizing ctmpan'es until the bank failed. His transactions lasted for a year and a half , and during this tlmo he received and reinvested the enormous amount of $35- 000,000. When the bank's affairs were wound up it was found that Grant knew practically nothing of the working of the Institution. Ho knew no more about the accounts than Ward did about military campaigns , and he was Immensely tickled at the large showing of profits which Ward placed to his credit. General Sheridan said that Grant used to poke him In the sides and say : "You thought I was a gcod general , but you never thought I could do this. " When the bank failed Grant gave up everything he had. Popular sentiment for a tlmo was acalnst him , and ho sank under the storm and was attacked by a mortal disease. Ho then rallied and wrote his memoirs , out of which his fam ily have already realized more than $500- 000. Fish was sent to tbe penltent'ary for ten years , but was pardoned out after two years' Imprisonment by President Cleveland. Ward was also sent to prison for ten years , but he Is again at large , and Is , I am told , still living. FIDELITY NATIONAL BANK FAILURE. Ono of the biggest wheat corners of his tory was manipulated through a national bank. It burst , and both wheat and bink stock went sky high. This was tbe Fidelity National bank ot Cincinnati. It failed in 1887 , The arch fiend of this swindle was a man named Harper , who has slnca served a term In the penitentiary , wbo was par- donel out , and who lo now again acting ! as a broker In Cincinnati , Harper was ono of the chief organizers of the bank. II * was supposed to be worth about $2,500,000 at tbe tlmo the organization was effected , and he bad Interests in steel works and other things. Tli9 bank was founded in 1886. In 1887 It had $3,000.000 In deposits , and of this $1,800- 000 wan duo to more than 600 banks and bankers covering all parts of the United States. Harper was the vice president cf tbe bank , and he practically controlled every thing. The directors were good men , but they had confidence In Harper , and they al lowed him to do as ho pleased. Within ten months after being made vice president Har per bad drs" ( < t $400,000 for bis own use. He then got . .10 Idea of cornering wheat , and he began to buy In the Chicago mar ket. Ho had a young lady clerk , a Miss Jos'o Holmes , In the bank , through whom he worked , and In connection with her , the paying teller and the exchange clerk , he manipulated worthless crocks to the amount cf more than $1,000,000. This money was also sent on to Chicago and liuested In wheat. It was not , however , enough , and he bonowed from outside banks. lie got $400.- 000 from the First National bank of New York , 1300.000 from the Chemical National bank , and $200,000 from the. Western National bank ot Now York. This money be threw Into Chicago , bu. still he needed more , Ho then proposed that the capital stock of the bank be In creased $1,000,000 , To this the stockholders agreed , supposing that It wav for a legitimate banking business. Five hundred thousand dollars was paid In , and Harper at once uhlpped this off to Chicago , BO that by the lUth of June , 1887 , be had borrowed more than $2,000,000 and had put It Into wheat. HARPER SUSPECTED. In the meantime tbesa purchases began to materially affect the market. No one know wbo was buying the wheat , but it was anally found that the money came from Cincinnati , Harper was suspected and a circular was sent around lekint as to bis credit. This i soon tot to the bauka wbo bad deposits in i TWO ENTIRE CARLOADS RAILROAD WRECKED ( On 2ndTloor ) Somajuat n , trifle marred , but all sound and porfect. ( On 2nd Floor ) All the plain ALL THE FINEST AND BEST RffloE " TRUNKS , INCLUDING All the Zinc Covered. Shoot PACKING Large Leather Covered-Saratoga Trunks , Iron Bottom TRUNKS Extra Heavy Bound Canvas Covered Trunks , Square Leather Bound theatrical Trunks , > , Worth up to Leather Bound and Stra faed Steamer Trunks $2.10 , Worth up to 87.50. all go at $2.98. B8 Ififea Q yp SfiK * all go at $2.98 In this wreck were 12 b-'g cases of all lunils of Valises and Traveling Bao-3 , 11 o o i rpT r mi f 11 T p r\ /\r i rt m n t T n i\ i nn * I - r * . n > ri TI * 11.- > " fsTTT n ri i "j nr * LRAM LINEDGliDSTONii yil uAlilia jjuaiiiuii uinuiy ufauuivnnj unytJit L/ual / UOll ULIUUU Lull UiiUlJMj CANVAS SUIT CASES , CLUH BAGS , CABINEl' BAGS , ( On Second LEATHER BOUND AND STRAPPED TELESCOPES , Floor ) Some of these are slightly soiled , but all go1 ai * less than one-fourth their value , a.t > ; . . . _ _ _ B BHBI B Bk. jti j Ji L " wf k" m i ± JL * * All the embroidery fI All the ' trimmed , Over 10,000 - A CORSET fc and Ladies' , Misses' and Child's doz s ft COVERS HOSE1 Pearl If TJ I \J . Buttons , Slightly damaged. 5c - 9c * All blzes. " * * All OrixUw. the Fidelity. They began to telegraph for their money , and Harper saw that be must quickly soil out bis wheat or fall. He could not do this at once and he had to have more money. He gathered together such bills re ceivable as be had in the bank and ex pressed them to tbo Chemical National bank In New York , telling them he would draw upon them for the amount of these bills. The bills aggregated 11,000,000. They did not , of course , belong to Harper. He wired Now York , however , that false rumors had been circulated about the bank and begged thr Chemical to stand by him a few days. The Chemical replied that It would help him out but It was not Its business to aid In cor nerlng wheat In Chicago. In the meantime Harper sent a man to Chicago with four drafts on the Chemical bank for $100,000 each. He also sent a falsa letter of credit for $200,000 , and ho thought that through these amounts ho could consummate his wheat deal. The money , however , was not delivered In time. It was QUO day late and wheat fell. It dropped from 00 cents to 70 cents , and Harper and the Fidelity bank went up vslth tbo bursting bubble. There was Immense excitement. The bank examiners were called In and the doors closed. After a tlmo Harper and his confederates were brought to trial. Joslo Holmes turnedstate's evidence and escaped. Harper was sentenced to ten years In the Ohio penitentiary , but In 1S93 President Harrison commuted his tentenco and pardoned him on the ground that ho was physically broken down. As above stated , ho Is again a broker In Cincinnati. I am told tbat Asa Potter , the president of the Maverick Na tional bank of Boston , Is now doing business In New York. The bank was ruined through loans to Its directors , and its failure re sulted in the loss of $2,000,000. -.TWO MILLION LOST IN INDIANAPOLIS. Ono of the biggest hypocrites among these rational bank presidents who have failed was Theodore P. Haughey , who was the president of the Indianapolis National bank. Haughey was a member of the Methodist church and an actlvo worker In tbo Sunday ocliool , where he had a claw , which he called Jits "poor class. " He was a hypocrite of hypocrltej and was up to all ports of rascality. Ills bank failed to the amount of about $2,000,000 , and this money was scat tered among a great many email creditors. The bank had , all told , about 3,000 creditors , ami among these were many school teachers and poor church members. Missionary focletleo , aid societies and bjnevolent ao- ioclatlons were all In the bank as depositors , and Haughey boasted that bo was the friend of Mich organizations , A large part of his swindles was carried on by getting draymen , porters and clerks to sign fraudulent notes' , which he accepted In bank and used as uDocts. At one tlmo when ho was about getting a drayman to sign one of these , notes ho overheard a young boy who bad caught his finger In the machinery swear- Ing. He had him at once called up and dltcharged , Ejylng tbat be could not have any ono In hit ) business who would use such language. . FJIAUDULENT COMPANIES. The Indianapolis National bank , of which this man was the president , waa one of ( he Ilrst of the kind organized. It was In a bad way In 1884 , but at this time It Issued tome no * etock , and , among ethers , got ex-VIco President Colfax to put $27,000 into It. At this time Haughoy's biggest swindles began. Ho started several fictitious companies. One woo a glre factory , of which Ills son , Lew Haughey , was head. He also sorted a balr works , and put acother son , Scbuyler Haughey , in charge p ( ( hat. Neither of these enterprises ever paid , nor la it known tbat they were expected to pay , Their chief business was the issuing of paper to bo dis counted by the bank. Tbo capital of the bink was $300,000 , and the limit of the loans to a single borrower under the law was 10 per cent of this , or $30,000. Dy tbio law neither ot these factories could borrow more than $30,000. They cvadqd this , however , by getting their employes to make out notes for $5,000 or $10.000 each1 ; payable to the glue works. Low Haughey Iwould then take the notes to tbo bank , indorse them and get the money. The employes ; of course , re ceived none of it. They t were men ot no responsibility , and had ndlther money nor credit. Wagon drlverr.-jday laborers and clerks were used In this1 wny to obtain large amounts. Men working at $1 a day gave notes for $10,000 , and Low Haughoy would get tlfom cashed. These notes generally ran nfnet'y days , and the making and renewing otithcm was a large part of the business of Uieemployes of the glue and hair-works. In pddltlon to this , other companies were organized. One was the Indianapolis Cabinet company , which was supposed to have branches In the dlf- : erent cities of the UnltodgStatos and Eng- and. From thepo branches notes would be sent In. The Indianapolis Cabinet com pany would endorse them , and the bank ex aminer would be told thaU they were good concerns , doing a large business. This work continued until 1813 , whin the bubble burst and the Indianapolis National bank failed , with liabilities of $2,000/000 / and assets of about $300,000. U then bad notes of the Indianapolis Cabinet comjWny , of the Curled Hair company and of th,6 Glue company , amounting , all told , to $815,000. Haughoy and his sons were , or course , arrested. Their oases were tet for trial in 1894 , and Haugney plead guilty. Ho was sent to the penitentiary for six years , and lo now serving out hla term there. Ho la 75 years old , and IB eald to bo much broken In health. Low Haughey was acquitted , it la supposed largely through the sympathy connected with his mother , who had no ono elto to care for her. THE KEYSTONE BANK. FAILURE. The Keystone National bank ot'Philadel phia failed In 1891 , with SaH Indebtedness of nearly $2,000,000. Tnore have now been more than four years at negotiation and litigation , and less than $660,000 ban been realized. This failure wo ) ) paused originally by one of the presidents o the bank , John . T. Lucas , using the bank ] lunda to invest In BnaHhnrn real estate. H ' 'did this tO the amount of-tGOO,000 , but dicdjliefore ho could replace the money. The ntxt president of tbo bank was Gideon \V SMafsb , who was at the bead of the bank ptltlfo time of tbo failure. He saw tbat ho iouldnot withstand the storm , and fled to Prafcll , where be is still at largo. The assistant cashier did not receive a cent from the/robljeiy of the bank. Ho merely tried to concha ) the acts of others , and for this he was e.6lenqed ; ? to prison for seven years in the ppnjtdntlary of Phila delphia , Another man n&o suffered vas the treasurer ot Philadelphia , n man named Deardslcy. Dearde > ley bac a large amount of state funds on hand , in iddltlon1 to those of the city. He wanted to get Interest on this money , and tin loaned It to the bank. These funds amountedHoVrnore than $1,000- 000. The money was used jy the bank for Its own purposes , and wbtn it failed Oeards- ley was arrested , and was given a sentence ot fifteen years in the penitentiary , where be now is. ' 3 NEW WAY OF KEEPING ACCOUNTS. The way in which the Kcyitono tank suc ceeded In fooling the binkjexamlnsrs and , In defrauding its creditors Was by falsifying Itu books. For eight , years it suppressed Its liabilities and padded 'its aweUi Some of the books ( bowed that there were nearly $1,400,000 duo to depositor/ , while the ledger statement ebowed only $1,100.000. In the year 188G tile books were fraudulently change ! to the amount of $650,06,3 , tha ba k apparently being solvent , when it was really that much Lchlnd. Two years later there woo a dif ference of more than $500.000 between the false and true- statements ot tbo bank'ti con dition , and there was a fraud ofi more than $226,000 In the deposits. It ) 1889 tbe deposits wore understated to the amount of $530,000 and tbo bank examiner found several hun dred separate Items. The falsification of tbo accounts was done by. dropping th ttwu- sands hero and there. For Instance , a balance of $1,634.26 appeared on the sheets as $534.26. Another balance of $1,647.30 as $647.30 , and another of $11,503.81 as $503.81. The bookkeepers were arrested , but it was found that the fraud had been committed by other parties. As the examiners con tinued their work , all sorts of othsr frauds were found. Pages had been torn from the lodger and ontlrci accounts removed. In ono year nearly 400 pages were cut out , millions of dollers * worth of false clearing house bills and certificated of deposit were issued and other frauds of the most slovenly character were perpetrated. ' MONEY SAVCD BY RECEIVERS. In closlne this article I wish to say tbat a largo portion ot the amounts thus stolen by the above banks have been recovered.- Comptroller Eckels speaka In the highest terms of the work ot the receivers , and bo has clyen me a memorandum of the men In charge of these various banks and the amounts which have w > far been real ized. The Maverick bank Is In the charge of Mr. Thomas P. Deal as receiver. It has already paid dividends to the amount of 89.05 per cent. The Keystone bank , In the hands of Robert M. Yardlcy , receiver , has so far paid 17 per cent. The Indianapolis bank , Edward Hawkins , receiver , has pa'd 45 per cent. The Fidelity bank , David Arm strong , receiver , has paid 58 per cent. The Marine bank , Walter S. Johnson , receiver , has paid 83 per cent. Ot all national banks which have failed In the past I am told that an average of more than 75 per cent of their Indebtedness has been recovered , and all told the national banking system Is the safest and most reliable on record. OUT OF THIS OHUIVAHY. The greatest food delicacy In tbo Samoan Islands Is a epcdes of sea worm called palola. The air Is responsible for one-half the total resistance which the locomotive must overcome. The czarina's coronation robe , on which work has been progressing for tbe last six months. Is almost finished , Its estimated cost Is $200,000. A copy of Audubon's "Birds of America , " with hand painted plates , has been sold in New York for $1,800. Possibly $100 of this was for Intrinsic value and $1,700 because of the rarity of the work. The champion fat man of the world is now in 1'arlti , M. Canon-Uerg , who is of Swiss nationality , weighs something over GOO pounds , His health Is excellent and his ap petite takes In enough food for five persons , Possibly tbe most expensive cigars ever made were the 20.000 Havanaa made for Spanish Marshal Prim as a present for Nepoleon III. , each cigar being stomped with the Imperial N In gold. They are said to bare cost $15,000. The flrot aucccssful woman editor and proprietor of a newspaper In this country was , according to the Hartford Courant , Miss Watson , who edited tbe Courant 120 years ago. She numbered among her subscribers George Washington. Informers stand a uilm chance In Georgia. Here Is a unique paragraph from a rural newspaper ; "Any person driving over this bridge faster than a walk shall , If a white man , be lined $5 , and if a negro , receive twenty-flvb lashes half tbe penalty to be bestowed on the Informer. " The only genuine new woman paradise 2s Decaturytlle , Mich , Tbe town contains 1,500 people and every public olUcIal In it IB a woman , The leading builnemi firms are com posed of wcmen and tbe names over the doors of incft of the lawyers' and doctors' olliceu are tboso of women , A hatchet was found a few days ago com pletely Imbedded in the trunk ot a tree cut WiAnti'i , , ' , i' ' r , 2 Cases ( Guaranteed Perfect ) WATCHES , ETC. LABIES' SILVER Mou'a Hell Pinto Cimliis 49C WATCH And line ROLL PLATE Opera Glasses ami Ca&o 4QC CHAIN , nil for $1.03. . . AViu. A. Holers Knives and ' Ladles Stem Wind ami Set Forks $1.69 set GOLD PILLED V/ATjH with warnnted Win. A. Nosers' Tablespoons75c S6t BE3TAMIRI Complete. * 1. - Win. A Holers' TousnooiiK..50c Set' MES'S ' TOLD PILLED Gold anil silver Kulllon Ik-H. . . . 49C WATCH Gold Bullion Belts 25c Trenton Movoiuonti warranted. Teaspoons Jc 6EICQ AI.L From tlie Railroad Wreck . tstsL , . Iff tMs v. 7 * ? - * * - * 5 DOUBLE FOLD PLAIDS , CHECKS and STRIPES , ALL WOOL HENRIETTAS and CASHMERES , All Wool-IMPORTED SERGES , 36 in. wide NOVELTY BROCADES , 40 in. SHEPHERD PLAIDS , and FINE JAMESTOWN SUITINGS all go at 5c 15c 25c AYABD. . down In Cheboygan county , Michigan. The \ood had grown over It so that It was In visible from the outside. It bore the name of Robert LaSalle , the French explorer , the date 1655 , and the Latin Inscription , "Ad Ma- orem Del Olorlam , " the motto of the Jesuit order to which La. Sallo belonged. In 1858 C. P. Bateman , then living In Minerva , Ky. , cut his initials on a 25-cent > leco , and carried It as a pocket piece for a rear or two. Ho then parted with It. Re cently Captain Monroe Bateman of Columbia , ilo. , a brother of C. P. Bateman , received the 25-cent piece in change from a neighbor. He B sure that it is bis brother's old pocket piece , because ho remembers when the letters were cut In the coin , and various peculiari ties about their form and position. "John Allen , a farmer living near Lake City , Fla. , reports that some six weeks ago a boy In his neighborhood about 6 years of nge stuck an orange thorn Into lila hip , which In flamed until the boy was terribly fevered and swollen from head to foot. Finally the peculiar swelling subsided and the aoy recovered. But Immediately his skin began to flake off In strips and patches , until ho had as completely shed his entire cuticle , from crown to bead , no a snakeat moulting tlmo. Including tbat over the palms of his bands and soles of his feet , which came oil whole and resembles somewhat a caVt-off ehoe , and being quite as hard and thick. It Is a perfect cast of the feet , showing the lines of the ekln , and It to about the con- olstcncy and much of tbo appearance of hard glue. But the boy has a completely new skin , and Is doing well. iSI' TUB MONEY AT 1IO.MI5. Kullnry ami Futility of A fiii ] > fin * ; to ClirlHtlniiUc ( In * CliliioHC. Mr. John C. Oswald of Foo-Chow , China , representing Batbgato & Co. , of that city , and Bathgato , Plm & Co. , of Calcutta and Colombo , passing through Portland en route from British Columbia to San Francisco on his return to China , favored a reporter of the Portland Telegram wltb an interesting talk on the missionary question In China and the causes leading up to the vegetarian riots in which six missionaries of the Foo- Chow compound lost their lives. "I have no Idea of what It costs the Chris tian societies of America and England to keep up their missionary organizations in China , " said Mr. Oswald , "but tbo amount In the aggregate must be enormous , and pity It Is to say it but every dollar of tbe sum might as well be thrown In the deep sea , so far as Its use In bringing the Chinese any nearer to Clir'ct Is concerned. "I have lived many years in China ; In fact , almost , all my life since attaining ma turity , and I know whereof I speak when I say that of all the natives the mlslonarlcu have gathered about them as converts , serv ants , runners , purchased children , and more 3 still , native teachers , not ono is sincere In his or her profession , of Christianity. The life at the compound , as the liiclo.vuru con taining tbe rnipMonary tichool , church and dwellings Is called , Is decidedly cary com pared with working In the ilccdelds or pull ing an oar on a flailing Junk , and liaeldes the 'converts' are paid for any trilling labor they may do. An a consequence it l no hard mat ter for a missionary to perauailo a likely boy to enter the school. Immediately this yutir.u coclle IB hailed au a convert to Chrlflaiilty and a glowing account of Ills conversion tint to the homo society. As a matter ct fact , I have overheard these same converts niter I even a year's residence in the compound , I passing Joku wltb their former associate * over the toft thing they Had lit singing liymnu. "The millenaries themselves are much to blame for this condition of affairs. They are not willing to await too usual process of conversion , which , " laughed Mr. Oswald , . "I must admit would bo a rather Jiop ( less , proceeding , but by every mean ? In thelr- power , even to the paying of a bonus , en deavor to fill the compound that good rec ords and results may be wnt to the society ; employing them. "Money wltb the averaga coollo Is a do * cldedly scarce commodity , while children * on the contrary , nro In such supply that there have been Instances where the CliH- neso believed a weeding out of the overstock - stock necessary by tossing a few of the fcmalo infants Into the river. This the- missionaries endeavored to put a stop to by buying the chlldrefi. At once that , mcst prevalent of Chinese traits suspicion. was aroused. 2 "What could the 'lor fans' bo thinking : of In paying out good allvcr .coin for worth less incumbranccs In the shape ot babies * argued the coolies In Jlielr blind Ignorance. Then came the stories- the children's eyas , hearts and portions , of tlclr bodies belng- Ubed by the missionaries In the preparing of different medicines. It did not rcqulro much effort on the part of the more fanatical Chlncfao to have this inedlclno yarn accepted as a belief , and last spring the vegetarian * . a semi-religious sect of Buddhists and beg gars took up tha agitation and the riots followed. "Now , as showing that the rioters placed no credenca In the protestations of faith made by the Chinese converts In the com pound to their whlto teachers , and that the ro wan on Implicit understanding between the vegetarians and Chinese Inmates of the mission , not a man ot the latter received so much as a scratch during the butchery , and there Is no people In the world so bitter against any falling off from their faltb as are- the Chinese. "Those Chinese In the mission knew they wore safe from harm , and great credit Is duo- the American consul at Foo-Chow , Mr. J , Courtney Illxson.'for the utlllzat'on ' bo mad of this feeling of security In affecting the rescue of thoce of the missionaries wbo had escaped barm. "Taking his own Chlnceo boy as Inter preter , Colsnel Hixson made for the river , and , Intercepting the compound servants as they were about to take flight , at the point ot his sword , forced thorn back to the mis sion with palanquins for the wounded and carriers for anything of value or p'sslblo comfort tl at bad been overlooked In the sacking of the compound. Had these servants for a moment believed their rioting country men would have Injured them , Colonel Hlx- son could have cut every cne ot them down on the river bank before they would have , moved. "So , while I may regret It , my years ot observation In China have taught mo that the honest , faithful conversion of these people ple to Christian worship Is not to be ac complished , at least under present missionary ; methods. "Better , far better , turn the Irnmenso sumo of money now being worse than wasted In China by missionary society to the up- 1 lifting of the wretched Blum-dwellers of 1 your own cities. Hero you have material to work on that has in no me manner become Imbued with at least tbe flrot elonients of knowledge of Christ and lilo tnlvatlon , and again , they are your own people and under stand the English language. Why , for every $1,000 thrown away on ungrateful , deceiv ing Chlneso , $100 wpent in the alleys of your clt ea would yield results that would put the whole foreign missionary scheme to shame. I may speak strongly , but candidly ; It exasporatet ) mo to witness year In and ytar out thp tunio gathering in and spending money on a herd of lying , hypocritical coolies an has gone on In Foo-Chow olnce I have known tbo place. "I regret to state that in my last mail advices from Foo-Chow , Consul Hlxion 18 reported as suffering from an attack ot typhoid fever , and was ( jullo low , but wltll bis magnificent phyulnuo It was hoped hi would convaieao * . " . ainfef' ' , ' , , 'SViJif'tTn'Mttiiiri ( ' i'