Democratic Sentinel, Volume 17, Number 34, Rensselaer, Jasper County, 8 September 1893 — IRON TRUST FORMED. [ARTICLE]

IRON TRUST FORMED.

TO CONTROL THE BESSEMER PRODUCT. Old Boys In Blue Capture Indianapolis— Another World's Fair Express Wrecked with Fatal Results—Elephant Tackles a Chicago Grip Car. Giant Among Trusts. At Duluth Tuesday there was completed the organization of the Lake Superior Consolidated Iron Mines, a corporation which will have much the same relation to the Bessemer iron-ore trade of America that the Standard Oil has to the oil trade. It ■will control fully nine-tenths of the productive mining capacity for Bessemer ores of the United Stales, and the other tenth iis harder and more expensive to mine the ores It will include the larger mining facilities and ore shippers' railways from some of the mines to Duluth, and from others to Ashland. Wis. It will control a great fleet of vessels on the lakes, with an aggregate carrying capacity of 600,000 tons, and an ore-receiving port and railway from Lake Erie to the furnaces of Pennsylvania. The company is capitalized at 530,000,000, all paid in, and the Minnesota Iron Company, which has been the giant among the iron mining corporations, will be a pigmy in comparison. John D. Rockefeller, of the Standard Oil Company, is at the head. Members of the syndicate forming this huge deal are heavily interested in iron and steel manufacture, both East and West.

WITH MARTIAL TREAD. Magnificent Parade of the G. A. R. at Indianapolis. The stronghold capitulated before the onslaught of the boys who wore the blue, and with flying flags and keeping step to the same old strains that led them through valleys and over mountains three decades ago, the veterans inarched in the big parade at Indianapolis like a victorious army up and down the principal streets amid the plaudits of a multitude of euthuststlc spectators. A discharge of artillery from Camp Wilder ushered in a glorious autumn morning and gave the signal to-citizens and visitors to prepare themselves for the festivities of the day. No such crowds were ever before seen in Indiana’s capitat. Naturally enough, the Hoosier element predominated. Where the throngs were the most dense one could almost have believed that the greater portion of the State had turned itself out so that the comrades from at home and abroad should not be allowod to feel lonesome for lack of a hearty reception. SIX PERSONS KILLED. Disastrous Collision ou the Big Four Near Aurora, lnil. The World's Fair Big Four express train No 12, which consisted of ten Wagner sleepers and day coachos, filled with Cincinnati people en route homo from the Exposition, crashed into a freight train, which was an hour late, Tuesday morning near Aurora. Six people were reported killed and over twenty Injured. The engineer and fireman were buried under tho wreck, which was piled up in tho greatest contusion beside the tracks. The express was due in Cincinnati at 7:45 a. m. Ihe freight with which it collided left Cincinnati Monday night for Indianapolis. The accident took place at the bottom of a steep grade known as Bates hill, six miles north of Aurora, and it is reported that the express telescoped the freight, owing to its superior momentum. The first report was that thirty persons had been killed. Later reports were to the effect that only six lives w ero lost, mostly trainmen.

Won by the Elephant. Ojb of Mr. Yorkes’ north side cable trains was set upon by a big elephant on North Clark street, Chicago, Sunday night atlloclock; the front end of the grip car was battered out of shape, tho passengers shaken off Into the street and the grlpman compelled to flee for his life. After driving everyone off the car and pounding the metlonless car to his heart’s content the beast quietly submitted to be led away by his keeper. George Mayberry, and peacefully continued hl3 journey to the far end of Lincoln Park, where he Is to ba kept for the winter. Betrayed by a Newspaper Clipping. Charles W. Hill was arrested at Sedalia, Mo., as a suspicious charector, and was lined $25 for carryliig concealed weapons. A newspaper clipping found ou his person led to the belief that he was wanted at Eureka, Kan., for cattle stealing, so Chief of Police Delong wired an Inquiry to the authorities of Greenwood County. Ills suspicions were confirmed by the receipt of two telegrams asking that the prisoner be held. Indiana Men Hurt in an Explosion. An explosion of gas occurred in one of the mines at Ehelburn, Ind., on Tuesday morning, In which thirteen men were Injured. Pid Hayes, Simpson Elwick, Levi Bardsley, Charles L. Loyd, and George Brown are In a precarious condition from bums and bruises and may not recover. The other miners werainot dangerously injured. ’ ,r,‘

Others In the Field. lowa Populists at Des Moines named a full State ticket, headed by J. M. Joseph, of Creston. The Prohibition ticket Is headed by L S. Coßßn, of Des Moines. Wiped Ont the Family. Marshall Bos worth, a farmer of Smith■wyn, & H, poisoned his wife, three children and himself with strychnlue. Afraid of the Siamese. The French commander at Chantlbon has asked for re-enforcements from Saigon, as he considers his position unsafe. Saginaw School Buildings Closed. Three school buildings In Saginaw, Mich., are guarded by policemen to prevent children from entering. The trouble arises over the action of the School Board In refusing to remove the Smead dry-closet system as unbealthful on demand of the Board of Health. Seventeen were Drowned. Daring the flie which occurred In the Florestry, opposite the Botte quay, at Rotterdam Sunday night twenty-five onlookers who were aboard a lighter rushed to one side, causing it to capsize. Seventeen were drowned. President Cleveland Returns. President Cleveland, accompanied by Mra Cleveland, their daughter Bath, nurse and maid, has returned to Washington from Buzzard’s Bay. The party were met atthe depot by Private Secretary Thurber with carriages and driven to the White House la a drenching rain. The steamship City of Savannah, from Boston for Savannah, is ashore on the South Carolina coast. She wss badly damaged la the recent gala and the captain "beached her In order to avoid sinking in

PATS NO MORE GOLD. Bureau of Engraving Kept Busy by the Increase of Circulation. The Treasury Department Friday sought to Impress Congress by f aying the entire Government contingent in Washington in gold coin. Buch a thing had never been heard of and was entirely unexpected, and led to such a disturbance in the methods of distributing that most of the disbursing officers were paralyzed. Many members of Congress refused to take their month’s pay in gold. Most of the employes of the House and Senate begged for a credit rather than coin, and for the first time in the history of the country gold, which sold thirty years ago for 285 per cent premium, absolutely went begging nt less lhan par. The effect was to convince the Treasury officials that some other Action must be had to satisfy the pay rolls By hook or crook, or by extra hours down at the Bureau of Engraving and Printing, a new supply of paper money was furnished. The disburements were all in crisp new paper, without creaso or fold, the ink undried, the puper damp, and the signatures of the certifying officers so hastily attached as to be rather illegible The printing presses in the engraving department are working night and day.

WERE WILD WITH JOY. Passengers Rescuod from the 111-fated Steamship City of Savannah. At Savannah, Ga., when the tug Paulsen arrived with the balance of the passengers of the wrecked steamer City of Bavannah, the wharves were lined with people, and when It was announced that all the shipwrecked passengers were on board shouts went up from the vast audience. Flags on commercial houses facing River street were hung out and dipped in salute, and the merchants rushed to the balconies and cheered themselves hoarse. Toe Cotton Exchange balcony was crowded as never be'ora The mighty greeting which they sent up made the hearts of the shipwrecked glad and they clapped their hands with wild delight When the Paulsen was made fast to thd wharf there were affecting scones between husbands who had been brought on the City of Birmingham and wives from whom they had parted at the wreck, and also between friends who had been separated on that eventful night House's Action Hus Favorable Effects. R. G. Dun & Co. 's Weekly Review of Trade says: The House has passed the silver bill by a majority astonishing to its friends Instant improvement in the stock market followed, the average of prices rising over £8 per share, and there was also a rise in wheat, cotton, and pork. Money markets throughout the country are more healthy. Failures are diminishing In number and resumption by a number of hunks and other establishments illustrates the genoral tendency toward revival of confidence. Manufacturers do not yot feel the upward impulse, and exhibit on the whole rather loss signs of improvement than a week ago. After some days of encouragement, too, stocks began to drag again, and in speculative circlos somewhat loss confidence was seen. But in these and in t'ue money markets the record of the week has been mainly one of satisfactory progress toward recovery.

Closed by a Suicide. Dr. T. Thatcher Graves, who was convicted of poisoning Mrs. Josephine Barnaby, but had been granted a new trial, committed suicide in his cell at Denver, Col, Saturday night, presumably by taking poison. He was found dead at 9a- m. Sunday by the “trusty” who had been caring for hint. On his person was found the following letter: Denver, Col., Aug. 9,1893. To the Coroner of Denver: Dear Sir— Please do not hold an autopsy on my remains. The cauHO of death may be rendered as follows: “Died from persecution. Worn out. Exhausted." Yours respectfully, T. Thatcher Graves, M. D. Count of the Cash. The official count of theTieasury cash beginning May 31 last, necessitated by the transfer of the office of Treasurer of tho United States from E. H. Nebeker to D. N, Jordan, having been completed. Treasurer Jordan on Tuesday signed a receipt in favorof E H. Nebekar for *740,817,419.78%, and by this act Mr. Neboker’s bond was released and Mr. Jordan's bond became effective The weight of coin counted was about 5,000 tons. Four Girls Burned to Death. Berlin dispatch: The hotel in Salmbacb, a hamlet in the Wurtemburg black forest, was burned. Sixty young womon from cities of Badon, who were passing their holidays in Salmbacb. were in the house when the fire broke out Most of them wore roused by tho town watchman in time to escapo down stain A few saved themselves by jumping from the second story windows. Four were suffocated in their rooms New Pension Order. Commissioner Lochren, of the Pension Bureau, has issued an order modifying the practice of the offleo as to suspensions of pensions The most Important change is that which directs that hereafter there will he no suspensions, except In cases where the record shows on its face that tho soldier was not entitled to anypensiori. Smiths Have a Reunion. About 10,000 people, all tracing their ancestry to a common root, assembled at Peapack, N. J. The occasion was the annual reunion of the descendants of John Smith. Indianapolis Hard Up. Indianapolis has failed in a third attempt lo take up £600,000 7 8-10 per cent, bonds defaulted July L Convict with Leprosy. Ed Fisher, a convict in the penitentiary at Laramie, Wya, is suffering from a genuine attack of leprosy.