Democratic Sentinel, Volume 17, Number 21, Rensselaer, Jasper County, 9 June 1893 — RUNS WERE FUTILE. [ARTICLE+ILLUSTRATION]

RUNS WERE FUTILE.

CHICAGO BANKS MEET ALL DEMANDS. Death of Edwin liooth—Russia Now No Mecca for Criminals—Freedom lor De Lesseps—" Yankee Blade ’ Publishers Go to the Wali. Chicago’s Banks Are S >li(l. *s>. Chicago business men. according to the best advices, coincide in the opinion that there is nothing in the local financial situation to warrant any sort cf panic. They have the utmost confidence in the solidity of the banks and their ability to successfully withstand the causeless runs that are being made upon them by timid depositors. Not one of the institutions that have closed their doors belonged to the Clearing-House Association. Most of them were hanks in name only, their business. Icing mainly in the line of note and loan brokerage and real estate deals. They had no standing of consequence in the commercial world and were not considered first-class in any- respect. Their failure occasioned little surprise in financial circles and should cause the public no alarm. That the seeming panic that has seized the savings hank depositors is entirely senseless and is without cause or foundation is proved by the utter calm that marks the general trend of business and the absence of all unxieiy or flurry in other brandies of the banking business. Men at once very vealtby and very conservative see no danger in tlie existing financial and commercial conditions. Every bank in Chicago has on hand casli enough to meet ail demands, and lias, besides, immense resources upon which to draw. The disturbance of the past few days is confined entirely to a small percentage of savings depositors.

RECIPROCITY MEN MEET. Convention to Promote Closer Trade Relations with Canada. Between 300 and 400 dele-rates wore on hand when the big reciprocity convention was called to order in tho Auditorium Building at St Paul. Mayor William Henry Eustls, of Minneapolis, was unanimously chosen temporary Chairman, and on taking the chair made an eloquent speech on freedom of trade between the Dominion and the republic. Clark Bell, of Winnipeg; S. A. Thompson, of Duluth; It 1L Maginnls, cf Grand Forks: and J. 11. Ilet’k, of St. Paul, were made secretaries. Secretary Maginnls read letters of regret from Gov. Bussell, of Massachusetts; the Hon. Wilfred Lauriir, Canadian Liberal leader; the Hon. Thomas W. Greenway, Premier of the Province of Manitoba; and Capt. Alexander Mc-Dougall. of Duluth and Su erior, the inventor of the “wbalebaek” vessels. E. V. Smalley, chairman of the Committee on Resolutions, read the report of that committee and spoke briefly in their support, reviewing the reciprocity movement and its means of strength and of weakness in both Countries. The resolutions cover only the subjects of reciprocity, deepwater ways and transportation. NEW TREATY WITH RUSSIA. Offenses for Which Either Government Shall Grant Extradition Papers. A Washington dispatch purports to give the exact terms of the new treaty betwe;n the Unitod States and Russia The treaty covers all political offenders with the cloak of charity and no such surrenders shall be made, nor shall the treaty operate to the detriment of those committing offenses prior to tho ratification of the instruipiyit. It is expressly stipulated, however, that an attempt against the life of the head of 'Jgjther government, or against that of any mettsl? ol o{ his family, when such attempt comprises the act either of mupder, of assasainatfKlP. or of poisoning, or of the accessoryshijkjbereto, shall not be considered a political offense, or an act connected with such an offense. By a further provision the formal requisition must be presented within forty days following agi arrest, else the prisoner shall be discharged. The treaty shall remain in force for six months after notice of its termination shall have been given by either party. De Lesseps Will Be Free. The Court of Cassation, to which Charles De Lesseps and his associates appealed from the sentence passed upon them for corruption in the management of the affairs of the Panama Canal Company, will annul the sentences and order the release of the defendants. This statement Is In accord with the reporls that have been current for some time past, to the elTect that grave errors justifying the annulment of the sentences had been developed in connection with the prosecution of the Panama cases.

Decision in Impeachment Cases. The Nebraska Supreme Court has rendered Its decision in the impeachment cases against Secretary ot State Alien, Attorney General Hastings and Commissioner Humphrey, Judges Post and Norval voting in tavor of acquittal, while Judge Maxwell voted for conviction. The court at the same time gave its decision in the cases of ex-Treasurer Hill, ex-Auditor Benton and ex-Attorney General Lees, sustaining the plea of no jurisdiction by a unanimous vote. g Cyclone Strikes Bristol, Tenn. ' A cyclone struck Bristol, Tenn., damaging every building more or less In its path. The steam laundry and the market house, which co3t Slo.ooo and had just been completed, were both wrecked. Iho roots were also lifted from many buildings and shade trees were broken off like saplinga Telephone and telegraph wire; are all down. It is a miracle that no one was killed. Maj. H. C. Wood was badly injured. » Booth Is No More. Edwin Booth. America’s greatest and favorite tragedian, died Monday at New York. Publishing: Firm Fails. The New England Magazine, although a literary success, has caused the faiiure o.' its publishers, Potter & Potter of Boston, whose other ventures, the Yankee Blade. Woman's Home Journal, and American Vehicle, are, however, on an enduring ’basis.

Zimrl Is Indicted. The first indictment against Zimrl Dwiggins for his wild banking methods.in Indiana has been found alKokomi by a special grand jury that was called ten days ago to Investigate the Greentoan Bank failure. Blown Cp by Dynamite. At Muscatine, lowa, the residence of Postmaster John Mahln, N. Rcsenberger and E M. Kessinger were blown up by dynamite about midnight Wednesday night and totally wrecked. No one was Injured, bat the families had an almost miraculous escape from death. The crime is laid at the doors of the saloon men who are being prosecuted for violating the prohibition law. , Ninety-three in One Day. The total number of fourth-class postmasters appointed Wednesday was three, of which fifty-eight were to till vacancies caused by resignations and death.

PEANKINTON BANK FATES. VYell-K nown Milwaukee Institution Is Dragged Down by Lappen’s Failure. The Plankinton Bank, of Milwaukee, which was‘in volved in the T. F. Lappen failure, closed Its doors Thursday morning. The following notice was posted on the doors: Owing to the failure of all efforts to reorganize the bank, and the continued withdrawal of deposits, we have thought best for the interests of all depositors and the stockholders to close the bank. The Plankinton Bank. The failure, according to a dispatch, causes no surprise in business circles It was a foregone conclusion. The moment the fact was made public that it was involved to the extent of $274,000 In the Lappen case, just that moment it was certain tho bank must cease to do business or face the alternative of reorganizing and with new officers try to live down Its bad reputation. Financiers generally believed -iquidation was the only resort that might reasonably be expected. They pointed out that the reputation of a bank is as sensitive as that of a woman, and that It would at best be a long and hopoles? task to regain public confidence, if it were possible at all. The stockholders went to work sincerely to make the best of the matter, and It, will be the universal judgment that they have done so In closing the doors of 1 lie ins:itution The failure will not have a straw’s weight in helping one to judge of tho financial condition of the country. It was not caused by a tight money market or by a run or by any other causrs which may legitimately affect the banking business 'J he failure was owing solely to bad banking. The opinion that depositors will be paid in full by the bank is based on the honorablo character of the men who are stockholders in the institution. Among the stockholders aro: F. T. Day. £96.000; John Plan kin ton estate. 333,500; Willard Plankinton, $5,000; Judge James G. Jenkins, $£,500; F. W. Noyes, 310,000; Charles I* Clasen, 310.000; H. (A Armour, £5,000. There is no alarm in financial circles in Milwaukee, and the Plankinton bank failure is simply an incident of the Lappen plunge.

WHEAT TAKES A TUMBLE. Failure of a Small Firm Sends Prices Lower than for Thirty Years. The feeling of uncertainty and tho fear of impending disaster which has existed in the stock exchanges for some time struck tho Chicago Board of Trade hard Friday. Under the influence of a rumor of a failure, wheat went down with a rush, and was sold at the lowest figure In thirty years. The failure, when it was announced, proved to be a small one. and one that in ordinary times would have attracted but little notice, but owing to the panicky feeling which existed in the pits, it caused a decided flurry. July wheat opened in the morning at 69% cents, an advance of % over Thursday night's closing figures. In tho early trading it went as high as 09% and GOV cents, but on a sudden went down to 69%. This decline precipitated the failure of Kellogg & Forsyth, a new firm, but little known on tlie board. Tho news that a suspension had occurred spread quickly, hut it was not known what firm it was that had been compelled to give up. A rumor was started that a big failure was coming and tho result svas a small panic. Wheat, which had gone up to 69%, went down in a few minutes to 69, and then, on the definite announcement of thß failure, went to 68%. There was a slight reaction svheu the speculators learned that the failure was not a big one and that no more disasters were coming, hut the market broke again to 68%, which was tho lowest point readied.

BROKE THE KANSAS DROUGHT. Rainmaker Jewell Succeeds In Ills Experiment at Meade. C. B. Jewell, superintendent of rainmaking for the Rock Island Road, began his raiumaklng experiments at Meade, Ivan., Thursday afternoon at 1 o’clock. Ills apparatus was set up In tne laboratory car and the cloud-collecting gases were sent into the clear sky about sund9wn. After operations had continued for six hours light clouds were visible In all directions about the horizon. They began to collect and at 10 o’clock they had gathered In a largo body. At 10:39 a light, drizzling rain bogan to fall, which continued until 1 o’clock in the morning, when It cleared. At daylight tho conditions were still favorable for the sutcessful termination of tho experiment. Mr. Jewell has kept his apparatus constantly at work and will not discontinue his < peratloas for several days, or until a drenching rain has fallen. There has been no rain in Southwestern Kansas, where the experiment is being conducted, for eight months, and the favorable beginning of Jewell’s work has proved very encouraging.

MORMONS PROBABLY KILLED. Pinckney, Ga., People Resent the Intrusion of Utah Proselytes. For some time Etowah. Blount and St Clair Counties. Ga., have been the scene of an active Mormon propaganda conducted by E dors Ben L. Lebaron, Nichols W. Miller, A M. Beacher and Alonzo BrlckerholT. They were to conduct a mission near Pinckney last week, but were ordered to leave by indignant citizens. . A recent convert, named Battles, offered tbo elders an asylum In his house. Several nights ago „ mob went to that house and demanded a complete surrender. The Mormons escaped through a back door. The -regulators followed them and firing was soon heard in the distance. The dispersing of the mob, apparently satisfied with its work, aud the failure of the elders to reappear Is held as convincing evidence that they have been done away with. S.nid to Be Diphtheria. The steamship Oregon, with CSO passengers on board, which arrived at Grosse Isle quarantine Monday night, from Liverpool, on the way to Quebec, Is still detained at quarantine and not likely to be allowed to proceed for some days. Various reports ara afloat at Quebec, hut the oxisteuce of cholera aboard Is officially denied. Five deaths are said to have occurred on the voyage, and report Is current that the cause was diphtheria; that there are fifteen cases now aboard tho vessel. H. H. Warner's Small Assets. Marcenus H. Briggs, as representative of Job E Hedges, H. H. Warner's assignee, has appeared beforo County Judge Werner at Rochester, N. Y. , and presented the petition of Mr. Hedges for leave to file a bond for the faithful performance of his duties. In the petition Mr. Hedges says that Mr. Warner’s whole eslats will not amount to over 550.000. because all the assets are either mortgaged or are the subject of I litigation.

Base-Ball Record. The standing of the clubs of the National League is shown by the following table: W. L. |>c. W. L. £c. Pittsburg...it io .077 New York...lfi 17 .485 2i io .600 Washington 13 10 .484 Philadelp ia.lß 13 .631 Chicago..... lß 17 .433 8r00k1yn....17 u .648 St. Louis.. .13 17 ,4;i3 Baltimore ..17 15 .531 Cincinnati..l4 19 .424 Cleveland...l3 12 .620 Louisville .. 3 19 .130 Ralph E. Gaylord Is Missing. Ralph E. Gaylord, Trustee of the lowa College at Grlnnell. and of the firm of Muir k Gaylord, real estate brokers of Omaha, left Omaha May 16 with the intention of visiting El Paso, Texas, and since May 17 no trace of him has been found. Private Rank Closes Its Doors. Cheverton, Martin & Co., Chicago private bankers, asslgqed.. Assets, 5100,000; liabilities, ifO.OuO. Thirty Miners Burned to Death. The Fuente coal mines, located ten milos belo.w the Toxas border, were the scene of ft terrible holocaust Saturday evening,

fn which thirty miners lost ' their lives. The mines are said to have been recently purchased by C. P. Huntington for 3500.000. The fires have now been suppressed. The mines presented an appalling spectacle when a correspondent arrived there. A large number of women and children were gathered about the mouth of the still, smoking drift momentarily expecting to see the shriveled corpses of their husbands or fathers brought out to the light Don Manuel Valdez, Judge of the First District, arrived early on the scene and Immediately ordered the arrest of George Spence, tho superintendent of the mines, who at the time of arrest wus leading the men working to succor the intombed miners. With characteristic stupidity they arrested tho very man who could do the most toward remedying the affair. The fire was caused by the carelessness of a boy who attended to ome of the Inside doors in allowing the linen with which the door was covered to ignite and then running out of the mine without alarming the men. MARIE NEVINS-BLAINE WEDS. Divorced Wife of the Dead Statesman’s S in Rewards Her Devoted Fhysioian. Mrs. James G. Blaine, Jr., who went through the Dakota divorce mills to be relieved of tho incumbrance of a husband.

has been married again, this time to the doctor who saved her life, Dr. William T’lllinghast Bull. Mrs. Blaine, after her separation from her husband, was taken down with inflammatory rheumatism, and for a time her life was despaired of. 3 hatslie would bo a cripple for life was the verdict of

the physicians who had attended her. Dr. 8011, however, gave more hopeful assurances, and it Is to his efficient skill she owes her comparative good health to-day. Mrs. Blaine was a Catholic, but as the church forbids the marrlago of a divorced person so long ns the former husband or wife is living she was married without tho consent of tho church. After a wedding (rip in this country Dr. and Mrs. Bull Will sail for Europe. FIREMEN DIE AT OMAHA. Lightning Strikes the Furniture Store of Charles Shlverlek & Co. In tho midst of the most fearful storm which over visited Omaha, firo, caused by lightning, broke out Saturday in the fivestory building on Farnbam street occupied by Charles Shlverlek & Co., furniture dealers. The firemen rallied in response to a general alarm, but bad barely reached the top of tho structure adjoining the burning building when the wall in front of them fell, burying them in its ruins and those on the roof of the restaurant of Edward Maurer, on which they had been standing. Four firemen and several citizens were killed. storm flooded the city, sweeping entirely through many stores and endangering many lives in residence sections.

ELEVEN PASSENGERS INJURED. A Rear Coacli on a Southern Railway Leaps Doxvn an Embankment. A passenger train on the Nashville, Chattanooga and St. Louis Railway, wus wrecked near Newsom’s Station, twelve miles from Nashville. Tho rear coach, from Memphis, jumped the track and rolled down an embankment forty feet deep. The train was behind and Was running at a high rate of speod. There wore only eleven passengers in the coacli, and they all wore injured, several severely. Mail train No. 9, going south on tho Richmond and Danville, when within three miles south of Ridgeway ran into a washout about 100 feet wide. Two persons were Instantly killed and one Injured. SEEMS PROOF AGAINST BULLETS. Arrest of a Man with Wounds Through Back, Lungs, Thigh and Face. An Alchlson, ICan., officer arrested Geo. W. Davis for the theft of tvo grips some mouths ago. Davis has four bullet wounds, any one of which would have killed an ordinary person. He has been shot through the back and lungs, through tho shoulder, through the thlzh and through the face. He has been drinking, and when asked how he came by bis wounds said he was in the Dalton fight at Caffoyville. It Is believed by the officers that they have capturod the missing participant In the famous Dalton raid at Coffey ville last fall, as he tallies with the descriptive card received shortly after the raid. Field Will Not Retire, Justice Field of the Supreme Court has denied his lumored retirement The Justice says that while lie contemplated retirement the retirement will not occur so long us he has strength to stand up to the arduous labor Imposed upon him. It Is settled, so far as talk goes, that If there Is a vacancy upon the Supreme bench in the next three years and eight months Secretary of State Gresham will bo named for the place. Perished in the Flames. The residence of F. 6. Swehle, one and one-half miles east of Wilson, Kan., was burned on Thursday night, and his two daughters, one 2 years old and the other 20, perished in the flames. Mr. Swehle had been sick for ?ome lime and was unable to rescue them. D ■. Briggs Convicted. Dr. Briggi was convicted of heresy by the Presbyterian General Assembly. The vote stood 383 to 116. Twenty-one Have Failed. Twenty-one national banks, with an acpregate capital of $6,150,000, have failed since January L

MRS. BULL.