Hope Republican, Volume 2, Number 9, Hope, Bartholomew County, 22 June 1893 — Page 3
INDIANA DAY. Hoosier State Building Dedicated at Chicago. ormal Ccremoni«n—Great Attendance— The Proceeding*. Thursday was a great day at the World’s Fair (or the sons and daughters of the Hoosier State. With an enthusiasm born of patriotism to their native country, and of devotion to the commonwealth of their birth, they dedicated the magnificent structure that brings memories of home, sweet home, to every one of Its sons and daughters who pass in through the gates of Jackson Park. Eleven o’clock was the hour appointed for the opening of the exercises, but as early as 10 o’clock people began to gather on the south front of Indiana’s building, and in a little while the broad roadway was impassable. In front of the throng were several foreign commissioners, representatives of the various departments of the W'orld’s Fair and foreign representatives of the press. The Interior of the building was decorated with palms and foliage, and cut flowers were placed in profusion on the heavy marble mantels. The Laporto City Band arrived early in the morning, and was stationed in the rotunda, where it discoursed patriotic airs. Ex-President Harrison arrived just before the beginning of the ceremonies, and was greeted by generous applause. He and his party were escorted to seats especially reserved for them. Prayer was offered by Dr. H. A. Gobin, after which B. Haven, executive commissioner, made a short address, and theii delivered the keys of the building to Clement Studebaker, President of the Indiana
* r - ■nr- ..mrj —t THE INDIANA BUILDING.
Board of Managers. Mr. Studebakor accepted the keys in a brief speech and presented it to Governor Matthews. The Governor spoke at some length and complimented the commissioners on the work they had accomplished. He said that the State was prosperous, the people industrious, and that during the Fair lie hoped that all of the citizens of Indiana would avail themselves of an opportunity to visit the Exposition, which he characterized as the groat educator of the nineteenth century. He paid glowing tribute to the illustrious sonsof Indiana, and concluded by saying that the people of Indiana should regard the building as a home and make their headquarters there while visiting the White City. At the conclusion of Gov. Matthews’ i address there were loud calls for Harrison. I Mr. Matthews presented the ex-Presldent,' to the audience, with the remark that In- \ diana could boast of an honor denied all other States, in having an ex-Presidcnt speak at the dedication of its State building. In response Gen. Harrison said: It affords me much pleasure to be able to be with yon here to assist as a citizen of Indiana in the opening exercises. I am glad to be hero with those who call Indiana their home, the place of their love. This magnificent white city illustrates the glory and greatness of all these United States, of which Indiana is and always will be a loyal and 'integral part. I am glad that so many of our people to-day will have that inspiring and educating benefit which will come from a brief examination of this display. I have always taken a great interest in the success of this exposition. I am glad to have been able to assist, as a public officer, in the legislation which was necessary to Insure the success of the vast undertaking. This magnificent city is typical of the power, and art, and taste of our great people. I have no patience with those who come here to carp and to criticise. I have no patience with those who do not adequately understand the great work that has been done by the National Commission, the local corporation and the commissioners from every State in the Union which is represented. Let us come here to think of something else than these petty and perhaps necessary annoyances and differences. Let us come here to open our hearts and minds to these great educational suggestions. Let us encourage all whom we know and meet to come here and share in the benefit we will enjov. We have in America vastly surpassed any similar undertaking in the world. We should find in this a matter of National pride. I congratulate Chicago on what it has done here. No other city has ever done , so much, and may never do so again. When the scheme was proposed I thought, 1 with others, that New York was the only ] feitv which could produce a credible World’s Fair. I confess ray mistake. I now believe Chicago was the only city in the world. [Tremendous cheering.] I am glad that Indiana has done its share to make this success possible.* An address was then made by Mrs. Virginia C. Meredith, member of the Indiana Board of Managers, which was followed by a short address by Prof. J.M.Campbell. A flag made for the building by the public schools of Kendallvllle was presented to the commissioners by Perry D. Creagor, and was received by the Governor. Gov. Matthews made a request of the Exposition authorities to name some day in Augustus an exclusive “Indiana Day,” and the request will be favorably acted upon. / The Indiana Building at the World’s Fair has the most commanding and desirable sight of any State building on the grounds. It covers an area of 102x143 feet,
including the surrounding veranda. The style of architecture is the French gothic. The structure is profusely adorned with pinnacles, and has two imposing towers 120 feet higfi, pierced at intervals by windows and their summits surrounded by balconies, from which a splendid view of the entire grounds will be obtained. Gothic gables surmount each window and door, and the center of these gables is decorated with the Indiana coat of arms, which is principally decorated with the decorative design of the building. The edifice is constructed of Indiana stone and “staff.” The latter is composed of plaster, cement and hemp, or similar fiber. It is lighter than wood, and lire and water proof, and if kept painted will last many years. The magnificent stone doorways, the stone for the towers, stone steps and balustrades, amounting to many thousand dollars, wore contributed by Indiana dealers in stone. The style of the interior of the Indiana Building is called by its architect “baronial,” being planned after the fashion of baronial hails and palaces. There are in the building lavatories, check rooms, a postoffice, and everything, in fact, that will contribute to the comfort and convenience of the Indiana people. PARIS PRISONERS FREE. Convicted I’anama Boodlers Have Their Sentences Quashed. Considerable excitement has been caused at Paris by the decision of the Court of Cessation on the appeal of Charles de Lesseps and the other defendants convicted of fraud in connection with the Panama Canal Company. The court handed down its decision, Thursday, quashing the sentence on the ground that the statutes of limlta-
tions covered the offenses charged, and that the indictments on which the prisoners was tried were irregular. In consequence of this decision M. Eiffel was at once liberated from prison. M. Charles de Lesseps, who is in the St. Louis Hospital, suffering with an acute attack of dyspepsia, was informed that he was at liberty, but was too ill to leave the hospital. There were five defendants convicted on the trial. AGAINST THE KAISER. The German Army Kill Defeated. The returns from the German elections of Thursday received at Berlin come in slowly from the outlying provinces. The Socialists have developed unexpected strength. Their gains are believed to be enormou*. Their gain over 1890 in Berlin is 30,000, and not a single candidate pledged to support the army bill has been returned from that city. The prospects of a Government majority appear to bo vanishing. Roughly speaking, the Socialist vote shows a great increase everywhere. The Radical vote has diminished >heavily, chiefly, it would seem, because the better class of the Radical party voted for the anti-Semitic candidates. Not ten per cent, of the votes cast in Berlin were given in favor of the army bill. Seldom has the city spoken in such emphatic tones. The provincial returns appear to be equally emphatic #n the same direction. UNCLE SAM TO REFUND $2,000,000. Leaf Tobacco Men Have Been Taxed 40 Cents a Pound Too Much. Assistant Secretary Hamlin has instructed the Collector of Customs at New York to refund the duties paid under the conditions involved in the suit of Blumlein & Co. against the United States, which was recently decided against the United States. The question raised in this suit was as to the construction of the tariff act of Marchs, 1883, relating to thclassification of loaf tobacco. The law provides that whenever 85 per cent, of leaf tobacco Is suitable for wrappers the duty shall be 75 cents per pound; otherwise So cents per pound, but no unit for computing the percentage is named in the law. Collectors, under Instructions, fixed upon “the hand” as the minimum unit, whereas the court decides “the bale” to constitute the unit in question. All entries of tobacco, therefore, awaiting the determination of this question will be reliquidated in accordance with the court’s decision, and it is estimated that at least $3,000,(XX) will have to be refunded to the importers. MONKS ARRESTED FOR ROBBERY. The church of the Chudov monastery, at Moscow, which is within the walls of the Kremlin, was recently robbed of a vast amount of plate, money and gems. The plate had just been used in thoceremonles attendant upon the reception of the czar and had not been returned to the vaults. The property and money taken amounted in value to between 3,500,000 and 3,000,000 roubles. Thursday all the monks belonging to the monastery were arrested. A search of the cells occupied by the monks revealed that they had perpetrated the robbery.
TOPICS OF THESE TIMES. STORY OF A WESTERN BOOM* The widespread uneasiness in financial circles throughout/the world during the past few months, has resulted in disaster to many promising careers, and numerous Napoleons of finance have gone down in hopeless defeat. Time alone can tell whether these schemers have like their prototype been banished to a lifetime exile, or whether by their audacious genius and questionable methods they will in the future be able again to ride upon the waves of prosper it}’. In the majority of cases, if not in all, the collapse of what have appeared to be substantial fortunes have been due to the fact that ap.pearances were deceitful, and to the fact that enterprises involving millions of other people’s money were but balloons inflated by the gaseous emanations that were generated in the active but dishonest brains of their managers, whose sole capital was cheek and duplicity. The Dwig gins, Paris and Starbuck syndicate is a shining example that is familiar to the people of Indiana and Illinois, but disastrous as was the ending of their operations, and unfortunate as it has proved to many confiding depositors in this part of the country, it might well be said that their operations were childish —or even honest —when compared with those of the syndicate that has during the past decade been booming the little metropolis known as Sioux City, Iowa. These enterprising gentlemen attained such success that they saw an embryo Chicago in their prairie town-,''and as a natural result their enterprises were a huge misfit and have collapsed like a fat man’s overcoat on a small boy. Sioux City has but 35,000 population, yet it has cable cars, electric railways,- elevated railways, all the adjacent territory has been cut up into building lots — mortgaged beyond their value —and the official area of the city equals that of Chicago. On the main street there are at least fifty handsome office buildings of brick and stone, six and seven stories high, erected at an average cost of $2,000. These buildings alone represent an investment of $10,000,000 by Eastern capitalists, and the returns .from the buildings will be next to nothing for years to come. The rent of these structures was guaranteed by the Union Loan and Trust Company, of Sioux City, for ten years. When this company failed April 25, it had liabilities of nearly $8,000,000; capital stock $1,000,000. The Union* Stock Yard Company, organized by the same syndicate, one A. T. Garretson, being the prime mover, with a capital of $3,000,000, also went to smash. The Stock yards Company had projected a million dollar brewery in Sioux City, conditional on the repeal of the Iowa prohibition law. The same syndicate also organized the Sioux City Dressed Beef and Canning Company, capital stock 11,000,000; first mortgage bonds, $1,250,000; second mortgage bonds, $750,000; floating indebtedness $450,000. Also the Cable Road Company, bonded for 1750,000; the Electric Road Company, bonded for $1,000,000; the Elevated Road, bonded for $1,000,000. They also organized the London and Sioux City Finance Company, stock and bonds $1,000,000, capital for which they secured in England. D. T. Hedges, one of the syndicate that had launched all these enterprises, also organized the Hedges improvement Company, which failed in May with liabilities of nearly $2,000,000.The Stove Works corporation, a syndicate enterprise, failed for $350,000, - 000. Besides these institutions, the syndicate Organized a bridge company with a capital of $2,000,000, to build a bridge across the Missouri, and $500,000 had already been expended on the work, Sioux City has a school building that cost $250,000, and a city hall that cost $750,000. It has a Union Depot finer than the Grand Central at New York. In short the boom was a boom with’ a very large “B”, and while it has a foundation of solid worth somewhere beneath the debris of the numerous magnificent wrecks, yet the percentage that is likely tq be realized will make the’’ unfortunate victims wonder how they could have been misled by the visionary schemes in which they embarked at the instigation of the Utopian dreamers, mad men, or scoundrels, as the case may
be, who projected them. An eastern correspondent who has been exhaustively investigating the situation estimates that the various Sioux City enterprises have outstanding not less than $50,000,000 worthless paper which is distributed throughout the East. When the Union Loan and Trust Company went to the wall there were five hundred banks and insurance companies on the assignment schedule. The end of the trouble has not yet been reached, and no one will venture to guess what will be the outcome. The syndicate was supposed to be composed of substantial financiers, but as investigation proceeds their methods are shown to have been rotten from I end to end with no substantial foundation. Sioux City people are disposed to stand by Garretson and his partners, but Sioux City men have not been largely involved in the general smash, those most distinctly interested being some 2,000 capitalists in various parts of the East. A TRUST ATTACKED. There are some very brave people in the State of Illinois. At any rate parties with sufficient hardihood have been found to bring quo warranto proceedings against the Distilling and Cattle Feeding Company, otherwise known as the Whisky Trust, in the circuit court at Chicago. Attorney-General Maloney,i of the State of Illinois, requests the Trust to appear in court and show, by what authority it has misused and perverted its powers and franj chises, and assumes its present attitude and exercises its power and the vast capital of $35,000,000 at its command so as to destroy all competition in the manufacture and sale ( of its peculiar commodity. It is alleged that by means of a, rebate system the company is enabled to bring under its control every dealer who once becomes a patron, thus forcing him to deal exclusively with it, and enabling it to dictate prices to consumers at its own pleasure. KANSAS MORTGAGES. An important decision relating to Kansas mortgages was rendered at Topeka by Judge Hazen, on the 29th ult., in a case wherein a savings bank bid in the property on a foreclosure at its full value. The sheriff contended that as the mortgage was made before the new law went into effect the taxing of his costs would be the same as under the old law, but Judge Hazen decided that his fees must be taxed under the new law —making a very material difference. The decision deprives, the sheriff of a large amount of fees, and the case willjm appealed to the Supreme Court for final decision.
Evolution. Chicago Tribune. “I am looking,” said the dusty, travel stained man with the valise, ‘‘for an old friend of mine who used to live on this street.” “What’s his name?” inquired the policeman leaning against a lamp post. “Dobbin.” “No man of that name living along here.” “No, I reckon not,” said the dusty traveller, looking in a perplexed way at a memorandum in his hand and then at the row of stately dwellings in front of him, “but he used to live in a one-story cottage right where that big stone-front stands.” “Was he a short, heavy man, with a bald head and one leg a little shorter than the other?” “Yes, that's the man. Where is he now?” * “Always walked with his hands behind him and wore chin whiskers?” “That describes him exactly.” “Why, he got a street-paving contaact three or four years ago and he’s worth $100,000.” “Good for Dobbin! W T hat’s become of him? Is he in Europe?” “No,” answered the policqman, pointing at the big stone-front. “He lives right there, and his name's D’Aubigne.” Sunday and Chicago. Texas Siftings. Chicago Mother —Well, my daughter,' you were very gobd in church. Now can you tell me what the sermon was about? Little Chicago Girl—Oh, yes, of course. It was about heaven. Won’t it be nice! NothingTmt music, gardens and races and base-baii games and theaters all the time. “Mercy on us, child, where did you get that idea?” “From the preacher, of course.” “The preacher? What did he say?” “He said that up there it would be Sunday all the time.”
CHEERFUL CHAUNCEY CHATS And Tells What He Thinks of the Situations Hon. Chauucey M. Depew was at Chicago, Friday. While waiting tor a carriage to go to the Fair ho expressed himself on the financial situation to a reporter as follows; “It is largely a matter of sentiment. If the people believe there is enough money in the country to do business on—there is enough: but if on the other hand they have an impression that, there is not sufficient withdraw their savings from the bank, lose* their interest, which the banker gains, and the next day, when they discover that the bank is safe and that the business world has not collapsed, they carry their savings back to the banks again I 1 believe that the financial stringency andi scare are about over. Among the railroad men in the East there is a unanimous feeling and desire for a special session of Congress and that just as quickly as possible. National relief is needed to re-es-tablish a feeling of security. As to the Sherman bill, there is a demand for its repeal, though for this repeal ia a matter of sentiment and not based on any apparent necessity—at least that ia the way I look at it.” ATTENTION. ALL K. OF P'S. Liberty Lodge, No. 114, K. of P., wishes to know the whereabouts of one of its members. He was last seen at Indianapolis, June 13. His name is George Keller. He is a molder by trade, forty-one years of age, has blue eyes and light red hair and mustache. Height about five feet eight inches. He wore a soft black hat, light frock coat on the Prince Albert order, dark pants, and heavy, broad-sole shoes. He is supposed to have lost fils mind or been foully dealt with. All information will please be directed to the abovenamed lodge.
THE MARKETS. June [y. 1893 Indianapolis. GRAIN AND HAY. Wheat—No. 3 red, 63c; No. 3 red, 60@ glc; No. 4 red, 56c: rejected, 45@55; unmerchantable, 35@40c; wagon wheat, 63. Corn—No. 1 white, 41Xc; No. 3 white. 41Xc;No.3 white,41c; No.4 white,36c;No. 3 white mixed, 30c; No. 3 white mixed, 38Xc; No. 4 white mixed, 35c; No. 2 yellow, 39e; No. 3 yeliew, 38Xc; No. 4 yellow, 35c; No. 2 mixed, 39c; No. 3 mixed, 38Xc; No. 4 mixed, 35c; sound ear, 44c for yellow. Oats—No. 2 white, 35c; No. 3 white. 35c; No. 2 mixed, 31c; No. 3 mixed, 30c; rejected, 26@32c. Hay—Choice timothy, *11.50; No. 1, 813; No. 2, $13; No. 1 prairie, *7; mixed, *8; clover, *9. Bran, 113. RIVE STOCK. Cattle—Export grades I [email protected] Good to choice shippers [email protected] Fair to medium shippers [email protected] Fair to choice feeders [email protected] Stockers, 500 to 800 [email protected] Good to choice heifers 4.00M4.75 Fair to medium heifers [email protected] Common to thin heifers [email protected] Good to choice cows [email protected] Fair to medium cows [email protected] Comipon old cows [email protected] Veals, common to good [email protected] Hulls, common to fair. [email protected] Bulls, good to choice [email protected] Milkers, good to choice [email protected] Milkers, common to fair [email protected] Hogs—Heavy packing and shipping wt *[email protected] Mixed [email protected] Light [email protected] Heavy roughs [email protected] Pigs [email protected] Sheep—Good to choice clipped. [email protected] Fair to medium clipped [email protected] Common clipped [email protected] Spring Lambs, 30 to 50 lbs [email protected] Bucks, per head [email protected] POULTRY AND OTHER PRODUCE. [Price* Paid by Dealers.] Poultry Hens, 9o lb; young chickens, 20c $ lb; turkeys, young toms, 8c $ lb; hens', 10c $ lb; ducks, 7c t) tt>; geese, *4(a) 4.80 for choice. Eggs—Shippers paying 13c. Butter— Grass butter, 13c; fresh country butter, 8@10c. Honey—18@20c. Feathers — Prime Geese, 40c ¥ lb! mixed duek ( 20c $ lb. BEESwax—20c for yellow; 15c for dark. Wool—Fine merino, 15@17c; medium unwashed, 18c; coarse or braid wool, 16@17c; unmerchantable, 13@15c; tubwashed, 33@27c. Detroit. Wheat,69Xc. Corn,No. 3,4434c. Oats, No. 2 white, 3734c. Minneapolis. Wheat, 62Xc. New Vork. Wheat, No. 2 rod, 75c. Corn. No. 2, 48c. Oats, 353-4 c. Lard, 810.70. Butter. Western dairy, 15@17c; creamery, 17@30c, Chicago, Wheat, 68Xc. Corn. 3934c. Oats, 30cPork, *20.90.‘Lard, *10.5234. Short-ribs. *9.80. Cattle—top steers, *4.25@6; otliers. [email protected]. Hogs—Heavy mixed and packers, *[email protected]; pritrte heavy, *[email protected]; prime light, *[email protected]: other lights. *4,80 @7.50. Sheep — Top sheep, *[email protected]; lambs, *[email protected]. Cincinnati. Wheat, Ko. 2 red, 66c: Corn, No. 2 mixed, 44c; Oats, No. 2 white western, 33Xc; Rye, No. 3, 63c; Mess Pork, *31.15; Lard, *10.50; Bulk Meats, *10.50; Baron, *11.63. Butter, creamery fancy, 23c; Bftps, 13c. Cattle, *4.50@$5.35. Hogs, |6.65@*7.25. Sheep, *[email protected]. St. Louis. Wheat. No, 2 red, 66c; Corn. No. " mixed, 3634; Oats, No. 2, 32c; Butter, 23c. Hufihlo. Cattle, *[email protected]. „ Hogs, heavy, *[email protected]; mixed, *7.2iye *7.50; light, *7.20@*7.45. Sheep, native, *3.75@*4.35: Texas. *3.25(«; *6.50. Philadefpliia. Wheat. No. 2 Red, 7234c; Corn, No. 3 Mixed. 48c; Oats. 41c; butter, creamery, 21e; eggs, 16c. Baltimore. Wheat, No. 2 Red. 7234c; Corn, mixed, 49c; Oats, No. 2,White Western,4334c;Rye, 64c; Pork, *32.00; Butter, creamery, 21c: Eggs. 1534c.
