Crawfordsville Daily Journal, Crawfordsville, Montgomery County, 31 January 1890 — Page 2

DAILY JOURNAL

Published Every Evening Except Sunday

»Y T. H. It. McCAlN.

OFKICE— 1 11 South Ureon Street.

TKKMS OK SITIISCHIPTION:

IVr 1111111111, |myallc in advance (5.00 IVr month 4 weeks 40 l'er witk, p:lyuMe to carrier 10

To S[:HSi 'Ki HKKS effort Is intuk! to have TIIK .IOUIINAI.—Kvrry

delivered promptly In all

part* nl wie city. Sul'seriii^rs who do not receive their papers ri'Kuliirly. or have tiny coin* plaint, will omitfo lv notifying tillsolllco.

I'll IDA Y, JANUAKY :il, 1890.

TIM: Speaker of tho housois a Ilocd tlmt don't lcutl under tlio wiml—of the e\-Kebels.

Tine dopimduut puusion bill 'will toko soldiers out of the poor liouso. It should bo passed at oneo.

'i'lin Democratic Senators want to veto millions for sending negroes to Africa, but not another dollar to tho needy uud sufloring Union soldiers.

J\o man's right in this country should bo made to depend on tho color of his skin or the amount of his intelligence, for if so, tlio whitest man and tho smartest man would have all the rights and tho rest none.

Pr.ATo had no reference to Crawfordsville whatever wlieu ho said in his profound philosophies: "The best indication of bad laws and ail intemperate community is to find gathered together many lawyers and many doctors."

There will ho some lino shipbuilding ou the lakes Litis coining summer. At the city of Duhith will lie built ten splendid steel steamers of perhaps 8,000 tons burden each, some of them larger. Andrew Carnisrie's iron works at Pittsburg will furnish the steel for the plates.

Tim law concerning bribery elections has very severe penalties, 'lhe piuohn.se),- of votes receives all the punishment, while the man who sails can recover S3iV) from tho man who bought his vote. This law, while the objects may be good, is rogarded by good law,yer» to be of doubtful constitutionality. They hold tlmt Civil damages cannot |o the penalty for a criminal often so.

Mad Bear is a Sioux chief wfto recently viiiited his great father in WashingUrn. "While there he had a plain talk with Indian Commissioner Morgan. lie fired whole chunks of wisdom'at the commissioner as follows: "You sent us three persons to show us how to farm. They ul'I talk to us they only make motions with their hands and then go away. We don't know what they mean. If they would plow and sow and raise crops wo could see bow they did it and learn to farm. Wo ha,ve boys and half breeds ho know how to farm better than the farmers you send to teach us."

A distinguished coinpliincnt

to

Amer­

ican educational systems lias been paid by the French government. French scholars have been sent to this country from time to time to examine our public school system, with a view to adopting suitable features into tho government schools of France. Tho reports praised Professor James McAlistcr, superintendent of the Philadelphia public schools, so highly that the attention of tho French government was called

degree of "Olllcier d'Academic."

to

him. Thereupon the University

of

France conferred on Mr. McAlister

JOHN BANDOUTI, of lloanoke,wh6n ho saw the North was sure to prosper with the woolen and other industries, is roporteil to have said' that he would go a mile out of his way to kick a sheep, 'i here is a good deal of that pro-slavery free-trade virus .in the veins of Democratic and especially mugwump editors. —Indianapolis Journal. li you will closely scan the arguments of our free-traders'you will find that they all originate from the same sotirco that Mr. Randolph's did—mere spite at our manufacturing industries. The Mouth's old hafT\d of New England's prosperity will never die so long us the Democratic party lives.

If ladies will wear birds upon theii hats, let it be the English sparrow. It can bo painted any color desired. In fact the sparrow is thus used, and iu some places taxidermists make a very good thing of preparing tho stuffed skin for tho hat and bonnet market. Now that the season isover for shooting other birds, country sporLsinen and boys an) turning their attention to sparrows. •Scr.'uiton, Pa., they are killed by the lxiys with air guns. Sparrow trap shooting ban also been inaugurated. Many thousands of tho littlo pests have thus lwcn got rid of. A taxidermist there pays tho boys two cents apiece for the birds, and a spry loy can earn fifty to seventy cents in a forenoon

They Got Thoir Hands on Sovoral New York Institutions.

ALLEGED MISUSE OF THE FUNDS.

riio Lenox 11111 itml sixth National llunlti ClttKiHl, Wlilln the Kiiiiltnlila Is In ii Fiilr Way to rut. low Suit.

ONK Of Till'. WRKCKKRS IN JAII.

NEW YOIEK. Jan. 31.—A worthy successor of Henry S. Ives has arisen in tho person of P. J. Claassen, president of tho Sixth National Hank of this city, and as a result tho Sixth National, horotofore considered ono of the strongest financial institutions in the city, is In tho hands of tho National Bank Examiner, and tho Lonox Hill Bank, which was controlled by tho men in power at tho Sixth National, has closed its doors. Rumors have impeached the integrity of tho Equitable, but its president makes tho following statement: "Tho owners of the. Sixth National havo only a minority interest In the Equitable, and the hank Is not affected." President Claasson of the Sixth National is charged with having deliberately wrecked that hank and warrants wero issued Thursday afternoon for his arrest and that of Oeorgo II. Poll, a broker, who is charged with having aidod him in tho commission of the crime. Pell was arrested Thursday night at his homo in Fiftyfifth street and locked up in Ludlow street Jail. A rumor was current in tho afternoon that the St. Nicholas llank in tho Equitable Life building on Broadway was also affected, but a denial was made by W. J. Gardnor, tho cashier of that institution. Ho said that a

Btatoment

that S40.000 in pro­

tested checks of George II. Poll & Co. in the St. Nicholas Bank was given, in lieu of abstracted bonds, to tho oxaminer at tho Sixth National was not true, as the amount had been paid tho Sixth National Bank on Wodnesday. A number of checks on tho Lenox Hill Bank had boon presented to tho St» Nicholas for payment, but they were refused.

The methods by which the Sixth National Bank was wrecked are almost ldentloal with thosa used by Henry S. Ives in his dealings with tho Cincinnati, Hatallton & Dayton railroad. A fow days ago, through negotiations conducted by Pell, Claassen and others bought a controlling interest in tho Sixth National by purchasing the Interest of tho president, Charles D. Leland, at 650. Frederick D. Tappen, president of tho Gallatin National Bank, tells tho" story of tho wrecking as follows: "After Mr. Lelund hnrt sold his interest In tho Sixth National littnk tho directors wore requested to resign, whtoh they did, ono by one, the vaoanclcs bolng tilled by other men. The board of directors, however, hus not been legally organized Htnoe. They could not legally sleot a president, because, none of the now directors bad taken the oath of olllco. The election of P. J. Clnussen wns therefore void. Immediately

00

COIMB,

tho

ftHSiimlug tho

ofllce of president of tho bank.Mr. Claassen made throe loans of Mo.uoo each, secured by the stock of the Lenox Hill Dank—a very poor security—and then went down to tho snfe deposit vaults of the National Turk Dank and abstracted therefrom flrst-cluis railroad bonds of tho par vnlue of &1&.000. These bonds he placed In the hands of George 11. Pell for sale. Pell was formerly a partner In the firm of Grovestnen & I'ell, stock brokers, who failed In August, 1887. The cashier of the Sixth National Hank, Mr. Colsen, became alarmed at the extraordinary proceedings of the new president and directors and ho came down to tho clearing-house and gave them the startling Information narrated. After careful deliberation on tho whole matter the clearing-house commltteo lminedlnteljf reached tho conclusion that the bank should be placed In the hands of a Government official at once. A. B. Hopburn, the National Bank Examiner, was sent for and the facts commolested to him, with the request that he wauld tnko charge of the concern tho following morning and Investigate the charges made by Mr.

the cashier, against the officers and

directors. This examination took place yesterday and fully confirmed the statements made by tho cashier. The clearing-house committee visited the Sixth National Hanlt lato yesterday ufternoon, and after having verified by personal examination the fncts as already stated telegraphed to tho Comptroller of tho Currency at Washington that the bank would not bo permitted tt) exchange through the clearing house this morning, aud that tho now board of direeters should have no further control over tho assets of that Institution. To sum up the case, it may be suid that tho purchasers of Mr. Loland's stock paid for It, ovldently, with the money belonging to the bank. I do not know whether tho oheoks which Mr. Leland received were cortllled or not, but tho purchasers evidently managed to make tho payment by 'kiting' the checks back and forth In much the samo way as they tried to do with the bank oxaminer yesterday. Tho Lenox Hill Bank and the Equitable Bank are Stato banks —that is, they are organized under tho laws of tho State."

Mr. nepburn, tho bank examinor, told much tho same story, and said that the abstracted bonds wore turnod over to Poll, Wallack & Co. for sale. They had givon up to him S201.000 in bonds and chock* for tho romalnder. Tho ohecks could not bo accepted. 'Mr. Hepburn mado a statement of his examination up to this timo. Ho said that tho missing honds had not yot beon found. Thoir par valuo is 8421,000, and tho market value S482..MMJ. Upon that had boon paid 850,000, leaving a deficit on account of bond6 of S43'J,4G0. Ho has discovered in his examination that thero is in tho bank a loan of 800,000 secured by 803,000 of Equitable Bank stock which ho says is practically worthless a loan of 600,000, securod by $50,500 of Lonox Illll Bank stook, which was doubtful, and still another loan of 800,000, secured by 180 sharos of Equitablo Bank stock, 823,000 worth ot "Siolre Gas & Electric Light Compauy

^FIELDS

FEMALE-

^.Regulator

AwWOfW

MENSTRUATION

OK MONTHLY BICKNCSS

IF Tfktt«.N OURIM CUXHafc. QV, VWL

BRADma KBUUmCJL ATLANTA BA. r-'urariiunwna Sold by Nye & Co,

bogds, SI 1.000 in the stock of the Si Louis, New Orleans A Ocoan Canal & Transportation Company of Now Jersey, 812.000 in Carolina Central second mortgages, and 850,000 of Carolina third mortgages. Tlio amounts to bo realized on these loans, Mr. Hepburn said, aro problematical. In addition to thoso loans Mr. Hepburn found on h'and S8S,000 in protested papers of Poll and others of tho men who control tho bank, of which amount 858,000 camo from tho Lenox Mill ltank and for which the Sixth National cleared. The other assets are reported to ho all right, this being a statement of tho bad assets.

Mr. Hepburn s:iys that irom his examination he can not sen that tho depositors are in any danger. Even if they wore, he said, Mr. Leland, tho exprcsldent of the bank, had authorized him to say that he will make good any deficit in the accounts of tho depositors. The examinor was very strong iu his remarks concerning tho mtinner in which the steal was concocted and carried through. Ho gave vent to his feelings by saying that it was tho most scandalous caso of bank-wrecking in tho history of tho finances of tho city. Tho Sixth National, he said, was at ono timo regarded as ono of tho strongest in the city. It was virtually a gilt-edgod institution, and only a weok ago its surplus amounted to 8500,000. The stockholders of tlio bank aro liable to the amount of their stock and for an assessment of an amount equal to tho par value of their holding.

In tho afternoon State Bank Examinors Charles M. Preston and William Tronholme came to the city to look into the affairs of the Lenox Hill and Equitablo banks. Late in the evening they said tho Lenox Hill Hank was taken possession of immediately aftor It suspended payment, and that a com'plete examination of its affairs would be mado to-day. In regard to tho

Equitablo Bank tho probabilities wore that it would be able to go on doing business to-day as usual.

Mr. Claassen, tho president of tho Sixth National ltank, is, according to the city directory, a broker at 45 Broadway, and Mr. Wallack, who Is prosident of the Lonox Hill Bank, has an office in tho same building. Mr. Vfallack 13 a partner of Pell, Wallack & Co. Speculation is rife as to tho causo which led to the act Whether the schemers thought thoy could pay tho money hack is not known, They may havo intended to put tho funds into smnc other scherao, and if this were stressful to pay back their speculations, or whatever thoy may be called

When Baby was sick, we gave her Castoria. When she was a Child, sho cried for Castoria. When sho became Miss, sho clung to Castorla. When she had Children, she gave them Castorla.

That hacking cougn can be so quickly oured by Shlloh's Cure. Wo guarantee it. For sale by Moffett, Morgan & Go.

To-Nlglit alia To-Morrow Nlcht And oichlday and night during this week you can got at all druggists' Kemp's Balsam- for the Throat and Lungs, acknowledged to bo the most successful remedy over sold for tho cure of Coughs, Croup, Bronchitis, Whooping Cough, Asthma and Consumption. Get a bottle to-day and keep It always in tho house, so you can check your cold at once. Price 50 cents and $1.00. Sample bottle free.

Wnr WILL YOU cough when Shlloh's cure will givelyou immediate relief Price, 10 cents, 60 cents and $1. Moffett Morgan & Co.

If thore is numbness inarms and limbs, heart skips beats, thumps or flutters, or you are nervous and irritable—in danger of shock—Dr. Kilmer's OCEAN-WEED roguiates, relives, corrects and cures. For sale by Lew Fishor.

Children Cry for Pitcher's CastorlaJ

llnoklen's Arnica Salve.

The best salve In the world for Outs, Bruises, Soros, Ulcers, Salt Hheum, Fover Soros, Tetter, Chapped Hands, Chilblains, com3, and all skin eruptions and positively cures Piles, or no pay required. It 1b guaranteed to give perfect satisfaction, or money refunded. Price, 25 cents a box. For sale at Nye & Co. drugstore.

Diseases of Womei

AND aURUEltY.

Consultation rooms over Smith's drug store, South Washington Street, Crawfordsvllle, Indiana.

T. R. ETTER.vM. D.

500 basting cotton, worth 5 cunt for'2 cents. 500 dozen rick rack, worth from 5 cents to 8 centj, '.1 cents. 1 dozen safety pins, worth S cents, 2 cents. 1 dozen safely pins, worth 10 cents, 3 cents. 3 gross cabinet hair pins, worth 5 cents 1 cent box. Darning cotton, all colors, worth 2 cents, 1 cent roll. Stockinet dress shields, worth 20 cents, 10 ccnts. lllddlo's knitting cottons, worth 10 cents, 5 cents. 10 dozen boys Windsor ties, worth 25 cents, 9 cents. 500 fancy felt tidies, worth 15 cent6, 5 cents. 1,000 yards Marilon silk veiling 5 conts yard, worth 15 cents. 12 yards everlasting or torchon lace for conts, worth 10 to 15 cents. 1 lot laces 1 to 4 inches wide, worth from 5 to 15 cents, at 1, 2. 3, -1, and 5 conts a yard. Clark's O. N. T. spool cotton, 4 cents.

Garter web, worth 10 cents, 3 cents. 1 lot fancy throws, worth 15 and 20 conts, 5 cents. 5,000 yards fancy curtain scrims, worth to 8 conts, at. 4 conts. "10 dozen ladies' linen aprons, worth 20 cents, 9 conts. 50 dozen towols at 2 conts cach. Choice of any inufT in our stock, no matter if price was $3 00 or $8.00, 1 for only $1.98.

Snodgrass & Murphy, The Popular Tailors.

Ladies and Misses' cashmere gloves, worth 25 conts to 50 cents, cholco 10 cents per pair. 1 lot ladies' and misses' all-wool mittens, worth up to 50 cents, 10 cents. Choice of our entire stock children' fine silk and silk plush caps, worth from $1 to §2.50, for only 59 conts. Iland knit fopcinators, all colois. worth

SO cents, 25 cents.

Hand knit fascinators, all colors, worth 75 conts, 37i cents. 1 lot ladies' and children's hoods and toboggans, worth from 50 to 75 cents, 10 cents. 25 dozen babies' bootees, worth 15 and 20 cents, 5 cents. 1 lot iadiee' wool skirts, worth $1.25 and $1.50, 7!) conts. 1 lot ladies' heavy skirts, worth 75 cents and$l, for 49cents.

$o, $16 for $8.

fordsville. Come early before the choicc are picked over.

GRAND SEMI ANNUAL

CLEARANCE SALE

Our Twelveth Semi-Annual Clearance Sale oil Remnants and Odds and Ends and the Entire Stock on hand

Begins Monday, January

These half yearly clearance-up sales are an established feature of

our business, embracing as they do the entire establishment and offer

an opportunity for bargains such as do not occur often. Those ol

our customers who have once attended one of these sales never fail to

attend the following ones, because they remember the bargains they

have secured. We desire to make these sales more and more popu.

lar and have made prices which ought to flood our store with buyers

Read Every Item Carefully.

Big lot ladies' ar.d children's hose, worth 10 to 20 cents, 5 cents per pair. 20 dozen children's wool hose, worth 25 cents, 10 cents. 100 dozen ladies' all-wool hose, worth 25 cents to 35 ccnts, 19 cents. 100 pieces Princess cashrneros, worth 15 cents per yard,. 10 cents. I Fancy wool flunnol suitings, worth 23 conts, 15 cents1 lot Henrietta, all colors, fine 75 cent quality, in this sale 49 cents. Friestley's black silk wrap Henrietta, worth $1.25, for 89 conts. Priestley's black drop. D, A litia, worth $1,00, for 07 cents. PrieMley's wool Melrnoe and silk wrap llenriettu, worth $1, lor 07 cents per yard. 25 plush short wraps, worth $10, only $5. 100 doz. ladies ribbed und plain cashmeie hose, usual price -10 to 50cents, only 25 cts. 1 lot kid gloves, black and colors, small sizes, worth 75 conts, $1.00 and $1.25, for only 25 cents. Men's fancy mixed wool shirts and drawers, sold for 75c, In this sale 37Jc. Children's jersey ribbed underwear, winter weight, 20c, worth double. Ladles' Swiss jersey rlbbod underwear, winter weight, worth 35c, ^)c. Ladies'jersey ribbed undorwear, white or natural gruy, worth 50c, 25c. Ladles' all wool scarlet vests and drawers, have sold for $1, In this sale B24c. Ladies' all wool sanitary vests and drawers, worth $1.25, for 75c. Every article in our underwear department at lower (irlceB than cost of manufacture.

Turkey red napkins, worth 5c, 2c. 500 yds all,linon brown crash 4c. 50 inch turkey red table linen, worth 35c, 19c. 58 and GO inch blcached and unbleached linen, worth 40c, 25c. 50 doz. all linon towols, worth 10c, for 5c, large size. Grand bargains in all linens, especially napkins. 200 yards all-wool skirting, flannel, worth "Scents, for 40 cents. 100 yards all-wool skirting, flannel. 2J yards wide, worth $1.5o per yard, in this sale 97 cents. Choice of 100 fancy cloth and -plush cloaks for littlo ones 1 to 4 years old, $1.25, worth $2.50 to $5.

Silk braid not all colors for 2J cents.

This cold weather has created a demand for the few Fine Beaver Shawls we carried over from the Holidnftl and Si?,aI make prices like the following on our entire stock:

$8

Also grand sale of Remnants of Table Linens, Crashes. Napkins, Embroideries Laces, Whin]

Goods, Ginghams, and in fact all articles in our store at 50 per cent, less on the dollar. Prudent

housekeepers will'not fail to recognize the bargains we have ofiered and we always give more thai

we advertise. This sale will continue from day to day until these lots are exhausted and we .must

have the room for our new grand stock of summer goods, which will excel anything shown, in Craw

127 And 129 East Main Street.

Winter

2d

Children's fancy plaid cloth cloaks, agj 4 to 1 ears, worth $ I $5, choice *1 97. Extta heavy brown muslin, wort'i8cp#l vard, fij cts. B'.vs' shirt waists, worth 25o and J5o,!s| this sale 17o. Brainard .t Armstrong's beet knltlltj silk, worlh 35c, 30c. 150 leather covered, satin lined wort boxes, flitted wfth ttilmhlo. sclssori, bodkin. et\. worth $1, for 25c. About 25 fancy work, wsstr nml ofl# bushels, worlh from $1 to $2 wh, choice for 50c. The two last items were carried frill holidays and «tv grand nui gains it lhe price.

Metul luiir brushes 9c.

Choice of 2il nyles good riischingwhtli or colored, worth lQo, &c per yd. Choice ot American Indigo Hlmpw black

Windsor novelty aud all (iiinu, worth 0 to s^c, for 5c per jd.

•(l pieceh tire stylo gingham,

nurtblj

to 12.Je, for (i^c per vil.

Tine ginghams, worth 15c, 10c. Brown and bleached canton, worth lfcl for BJ. 200 pair of laco curtains, *oilh|!i $3.50, cholco $1.50. Misses plain and fancy now muu cloaks, worth from $0 to $8, cholct for $3 97 Ladies' new market plain and fine cloaks worth $7 to $10, $3 50. 40 short wraps, worth $8 to $15. $UL 25 brown diagonal cloth short wraps wis light trimming, worth $8, for $3,9*. Brown and bleached canton, worth Hit for 8c. Surah silks in short lengths, all colon worth 50 to 75c, 39c. 10 to 15 dress patterns. India allk, wortl 75c, for 37}c. 300 yds silk plush 18 Inches wlde.wortli $1, for 50c. Silk plush, 22 inches wide, worth $2,fa 99c. 500 yds plain velveteen and stiiped vets, worth 75c, 1 lc. 3 patterns fancy older down, worth ft for 25c. Table oil cloth, worth 35c, only 19c, the common 25c stuff. Children cloth cloaks, 4 to 12 years oK worth $3, $1.49. lUO pair of lace curtains, worth $2,* this sale $1 a pair.

shawls for $4, $10 for $5, $12