Indianapolis Journal, Indianapolis, Marion County, 15 May 1893 — Page 5

'THE INDIANAPOLIS JOURNAL, MONDAY, MAY 15, 1893.

5

E1UCH MONEY III THE VAULTS

ttank Examiners Found Morn Cash in tho Capital than the Officers Reported. ilr. Tockird Has Utile or No Donbt that It Viili Kesnme lJuiResa a3 Soon &s tbo Chemical Opens Its l'tors. Utyw Examinations of Ranks Are Conducted by Undo Sam's Officials. Tricks Sometimes Keaort'd To ty Dishonest Cashiprs to HiJe Their Wronz-Uoinc-Con-troller Ickela'a I'roposed Changes. LOOKS WELL FOR THE CAPITAL. SI ore Ch In It Vutt tha Keported Mr. 1'nckard'a KiDectAtfon. ftatioual Hank Examiner Packard, who is in the city assisting Special Dank Examiner YonuiT in straightening out the affairs of the Capital National Bank," was seen at the Denison Hotel last night, and aid, when asked about the situation: "Mr. Younx and myself finished counting the enb on hand or available at the Capital Uank about 1) o'clock. Saturday evening, and we found it to he a very material sum over and above the sum stated to ns by the otlicers of ihe bauk. Their statement was that they bad about 8.-0.000. and we found it to be as I said a very material sum above that. Tho directors of the bank are now perfecting arrangements whereby the tank will bo able to resume its business as soon as tho Chemical Bank, of Chicago, opens its doors. It is the policy of the Controller of the Currency tt assist national banks whenever it is in his power to do so, and, ebould our report of tliH condition of the Capital Bank be as favorable as we now anticipate, it will only be a matter of a telegraphic order for it to resume. It is almost settled that the Chemical will resume, and thus probable that the Capital will also. I to day received a telegraphic mder from Deputy Controller Tucker to remain in the city until the investigation bad concluded and to assiat Mr. Young all that I coul i. and I shall do so. For all that I know no we will have thai investigation completed in a few days, and the bank will then be aide to go ahead. 1 make these statements in justice to President Wilson and Cashier Uobertv, and must say that they have a very cheerful feeling about the outlook. Tho whole situation over the country suems to b easing up, and the market is not aa tight as it was a few days ago. The same is trne of the situation In thia State.' The remark was made concerning the little banks in the State that had gone under, and he answered it by saying: "Ob; they are all .private concerns of this man Dwiggins. ilis Columbia bank is rotten to the core, and it is not snrpriaiuu that it has reached its present condition." Mr. Packard said that Mr. Young, who has been bank examiner for the past eighteen years, is very much surprised at the vol. rime of business done by the Capital Bank, lie aaid tbat it had over 150 correspondents in the State, beside having a large outside business. A gentleman closely connected with the affairs of the Capital Bank said yesterday tbat it was almost an absolute certainty that it would resume business. He said t2iat the directors' were making arrangemeets, as soon aa the bunk was able to get its 80,000 from the Chemical Bank, to - throw enough money into it to pay oil' all obligations and restore tho confidence of the publioin Its stability. There will be a meeting of the directors this morning looking to that end. Ittma Succ-fii!l j AVIthtorl. ' There was little talk yesterday about the hotels concerning the financial tlr.rry over the State. It was evident from the indifference shown that the feeling was one of real stability in spite of all that has been done and said. A representative of the Gas City Bank who was at the Bates yesterday said his bank had a heavy ran Saturday, but was able to stand the strain very satisfactorily. The otlicera of the bank directed that the bank be kept open nutil i o'clock at night. In order that those wnowcre standing waiting when tne time for closing came could draw their money. The bank an no one tbat it will continue business, and that all checks will be honored. The bank at Jonesboro also had a run, but successfully met all demands. There was a manifest return of public contidence by the time the banks closed, and many returned to deposit the money drawn. The Clay County llank. . Special to the Indlaoaooiu Journal. Clay City, lnd.. May 14. Owing to the failure of the Columbia Bank of Chicago, the Clay County Bank, at this place, is temporarily embarrassed for ready funds. The Clay County Bank has cashed several thousand dollars' worth of pension checks and remitted them to their New York correspondent, and the failure of the Chicago backs, together with the Capital National at Indianapolis, has made it impossible for the Clay County Bank to cash its Now York exchange. Under the circumstances the directors of tho bank thought best to cot accept deposits for a few days and to settle with depositors with the bank's secured paper. The deposits amount to DOO. to meet which tho bank holds nearly I-15.0U0 worth of good paper. The bank baa bad no loss and is absolutely sound, but temporarily embarrassed. The principal depositors here express the belief that the bank will be all right, and that the depositors will lose nothing. Sotno of the depositors are bettling with the bank, taking secun-d notes held by the bank. Others are satisfied to wait for the bank to resume 1 payment, confident that it will be done m a very abort time. The ollicers and directors openly assert that they will be able to meet all demands. UANK KXA3IINATIONS. Duties of Uncle Sam's Officer's Tricks of Dishonest Cashiers nud Tellers. A . . - . - . ... i m Washington', May 11. The new proposition of Controller Eckels, providing for semi-annual, instead of annual, bank examinations, is of the greatest consequence, not only to the banks themselves, but to the entire business world. The old custom began with the national bankiug system itself. In the reserve cities banks have someTHE PICKET LINES Of health hon!! le 'oub!y guarded at this season. The air reeks with chilly moisture, tho weather is changeable and uncertain. The conUtion aro TERRIBLE DANGER POINTS Ftr tne l!ir.r ant pipes. Re war of the coll. tho congh. tin- cheat pain, the inflammation, ' THE DEADLY P.VEUJIOXIA The racked lnn;r. Eie dreaded consumption. Vul :i d'lty only the Rtronirtol puard. the oldest axd n.ot faithful t.nd-by, mi SCIIENCK'S PULMONIC SYRUP lireak tip your cold at once. Mop your cough. Irive oat that inflammation in lime. Defy that l'lit umoniA. Cure that Consumption. THE PULMONIC SYRUP Acts quickest and surest f all remedies oa Lie Junes Tli .ldtt and beat approved etaurfard lor every lung trouble. I)r. Sb iick's Practical Treatise oa l)i-a-s of Luii' hioiunrli aoi: lavt-r. iitaihsl rre loulluppllJJX. J. 1L. toUenck tit buu, l'LiUacbhU, l'A.

times been examined twice a year. Once in a while the banks havo asked for special examinations, and. of course, banks have often private examinations, for the benefit of their boards of directors. The Controller's order is entirely inexpensive to th government, as the fees for the examinations come solely from the banks themselves. Nor is there likely to be any eerioun ol ection to the new plan on the purl of the bankers. In the first place, tho cost is inconsiderable, varying, for a single examination, from 20 to $75, according to capitalization. The more frequent examinations, moreover, protect otlicers against careless or dishonest clerks, and in general inspire healthier confidence among tho business community. The bank examiner drops in some day without notice or warning, aud practically

taxes possession of the bank about to be examined, for the day or two. or the longer period, during which the examination is in progress. He counts the cash and the notes and bills and looks over the stocks and bonds And everything, in short, that is valuable, to find whether the Assets of the bank, as called for by the books, nro actually on hand; and every silver quarter and greenback or piece of collateral he must actually count in order to know this. Then he figures no the liabilities to see if they correspond with the figures on tho books of the bank. He linds out where the bank is borrowing and what interest it is paying, to know whether it is borrowing too much or whether it is paying too much interest. The lawful and safe rate of interest varies, of course, in d liferent communities, from 12 pef cent, m Texas, or 1" in Montana, down to C in the East, or even to 2 per cent, for call loans in New Y'ork citr. The examiner, after finding that the assets and the liabiabilities appear to balance and that the bank has not borrowed suspiciously, secures a verification of his results by an actual correspondence upon' blanks furnished by the Controller's ortice, with the executive otlicers. the cashiers usually, with all the banks with which the particular hank under examination has accounts, and, of course, these are numerous and the labor very exacting. The objeot of this verification is to find if the books of the bank tallv with respect both to what it has and what it owet. THICKS OF LtfMIONEST BANK OFFICERS. A method not uncommon, among the very small proportion of bank otlicers who choose to be dishonest, is to put dollar bills into packages of tens or lifties, or to put silver dollars into bag containing gold ones. This implies that the work of the dishonest otlicer is not supervised by any other officer of the bank, it is not so transparent a fraud as might at first be apposed; for tf the embezzler is not watched from the inside, neither is he watched from without except once a year. The Controller's new order will naturally prevent very much of this. for. if tho chance of detection is twice as great, the risk of detection will be undertaken a good deal less than half as much. The thief absolutely expects to return ' the money stolen. Sometimes he resorts to this substitution of small denominations for large ones to cover his tracks in a previous unsuccessful specnlation. Another scheme, especially where two positions in a bank, like that of teller and bookkeeper, are held by the same person, is to abstract bonds or any other negotiable assets and sell them, falsifying the books as occasion requires. This lack of any check upon one bank otlicer by another is responsible for a great deal of trouble. In a recent case thousands of dollars of funds due depositors were actually abstracted by a teller who. as bookkeeper, could , accommodate his books to his peculations by represent ing tbat the amount of money due depositors was less than the fact, bo thousands of dollars were mtsned. It is extremely dillicnlt for a bank examiner to detect this sort of embezzlement, for evidently the only way to make sure that the sum of money represented on the books to be due the depositors is the true amount, is to examine all the several pass books of all the depositors aud compare them with the entries of the bookkeeper. This method of theft has been heard of also where there is collusion between two ollicers of the bank a more dangerous plau, perhaps, with the chances ofsome weakening or falling out on the part of one or the other of the conspirators. A method by which bank directors sometimes seek to make money with very grrat celerity ia to loan the funds of the bank to themselves too much. This was the case of the Maverick, of Bostou. It is the hardest thing in the world to convict a bank director of this misappropriation, as the national bank law says that any act in violation of it must be "willfully perpetrated" or "with intent to deceive." So the defense could be that with loans, whether made to good and responsible parties outside or to alleged good and responsible parties 'nside th directory, there has been no era . nal intent, but rather a businesslike transaction. Theso embezzlers not only conceal their tracks on the books, but they make false reports to the Controller. Heretofore tho reckoning has come bat once a year. DECEIVING THE EXAMI.NF.lt. The otlicers of one bank will sometimes deceive tho examiner by representing that some other bank owes it much more than it actually docs. Here again occurs tho necessity for actually comparing the acconn ts of dinYrent banks for the verification of thcmjill. All well-conducted banksreconcile their accounts with other banks once a month and the clearing bouse in a largo city watches, of course, the standing ot all banks within its membership. It is not likely that banks ever come into collusion with eaoh other to falsify their accounts with eaoh other. But ouo bank will sometimes help another out, unconsciously, when an examinination Is actually upder way; for if the examiner drops in when the cash is short or the securities, for that matter, an otlicor of the hank has been known to go out and borrow money or securities to make up the deticienc3' before that particular branch of the examination has been reached. Tho possibility of this implies inetlioiencyou tho part of tue examiner, because be is supposed, while examining a Dank, to take possession of it, afleast so far as any change in Us condition ia concerned. in the West not long ago the officers of a bank istued certificates of deposit in large amounts to outside persons and received thw money for them, and then made the books show tho amounts due the outside persons at very much smaller figures; that is. certificates may have been issued for $0,0C0, while the books were made to show that the bank was liable for only $5,010. This thing was done in the case mentioned to tho amount of hundreds of thousands of dollars. Tho bank examiner could not detect the falsification of the books unless he could go to every person who had a certificate of deposit and find the total of all these certificates, and manifestly that was impossible, bo of tho metnod of fraud just mentioned, where the books show a less sum out to depositors than is really due; all these cannot bo known except by an actual examination of the pass books. Another fraud known to have been perpetrated by bank ollicers is to forge promissory notes t-j take tho place of good notes deposited with the banks. It will be beneficial to chauge examiners around, as Mr. Eokels now proposes. A man will not cover the same territory twiro in succession. A bank examiner who not long ago retired from the service in moro or less disgrace had been in it almost twenty years, examining the same banks during all that timo. Family, social and political intlnenoe might easily have swayed him, with or without his. own knowledge, eo that if he were inclined to bo dishonest he could, and if he were not alert he could easily be fooled. Not so under the method of rotation, for there the family relationship, or the dinners at the club, or th political pull" would have no thance to figure, really. Nor will the political "pull,'' which has had so much to do with the appointment of bank examiners, be of particular consequence hereafter, supposing the spirit as well as the letter cT tjiis new order compelling rotation is nctually carried out, for the reasons why the "ptili" should bo exerted will chielly have disappeared. eme itnacino that becanee bankers themselves frequently support candidates for the examinership. their influence is, at times, exerted to prevent tne truth from being known; but the fact is that the banks, almost without exception, from selfish motives, perhaps, but from som motives, are willing to havetheir institutions examined frequently and thoroughly. It would be surprising to know how email the number of failures of national banks in a year is. It raroly exceeds half a dozen. This is out of a total of over :HX) in operation, and IxiOit of these nre due to carelessness or to n lack of knowledge of the rudiments of banking.

WHAT WILL CLEVELAND DO?

PerplexiucQacstion GrowincOatof the infanta Eulalias Coming visit. Spani-h Officials Think tb. President Should Call on the Princes as a Matter of Court esj to & Royal GueiL Washington, May 11 The uncertainty surrounding the visit of the i'rinceas Infanta Eulalia to the United states, to visit the world's fair, which has been attributed, on one hand, to a fear on tho part of the Infanta that she would not be able to undergo the fatigue of the round of 3ntertainments arranged for her, if she were able to withstand the vigors of the climate, and, on the other hand, to a dissatisfaction by the Spanish oflicials with the character of the reception and the manner of the entertainment provided by this government for its guest, arises from neither cause. While it is true that tho Infanta is in delicate health, her health is not in such a critcal state but that, if everything was satisfactorily arranged, she wonld be able to brave all possible danger thereto involved in a trip to Chicago, and return, and it is denied that dissatisfaction exists, or baa been expressed by the representatives of the Spanish government, with the arrangements for the entertainment of the Princess and her party. There haa been no demand or request that the infanta 6hould be invited to stay at tho executive mansion while in Washington, nor has it been expected tbat President Cleveland would, in person, receive her either in New York or in this city, upon her arrival. According to her people, the Infanta would be perfectly eatisried with whatever quarters might be provided by this government in carrying out tho invitation extended to the Queen Kegent of Spain, whose personul representative she is, to visit tho United States as its guest. But it was learned to-day that the representatives of pain and the United States have thus far failed to reach a satisfactory understanding regarding the proflrrmme of courtesies to be exchanged between the President and the Infauta iu the course of her stay in Washington. According to custom, tho Princess, at a convenient period after her arrival, will call upon the. President and Mra. Cleveland at the White House. Whether or not the President should return tho call upon the Princess at her quarters in the hotolfstbe question upon tho settlement of which depends the future conrso of the Infanta. The Spanish representatives in eist that the return visit to the Princess is one that is due by courtesy, and should bo paid. They argue that the Princess is the personal representative of the Queen, and is in the United States upon the express invitation of the Congress thereof. Under these conditions, and these only, they feel that the return visit should be paid. If the Infanta were traveling through the countrv as a tourist inerelv she would pay her respef ts to the President, but no visit from him would be expected, nor, in deed, would it be proper; also, were she here as the representative of the govern xnent of Spain, no answering visit would be expected to her call upon tho 1'resi dent, but as the representative, in her person, of the Oneen. having been delegated by her under the invitation of the United States to visit this country, the Spanish officials are quoted as saying that that courtesy which should obtain among individuals of the same rank, not etiquette. demands that the visit of the Infanta be reciprocated by the President. The sub ject has been very thorouuhly discussed in Washington and Madrid, and a telotcram from the latter capital expressing an appre hension that thelnfanta's health would not permit her to continue on her journey to tho United States is construed here as preparing for ber return to Spain from Cnba if it is found necessary to chanue the original programme. Tho situation is embarrassing, aud many sug gestions have been made of expedients to relieve it. One of these, it is understood. is that the Inafnta and snite be entertained at the White House during her stay, thus .obviating altogether the difficulty over tho visits. There is no precedent for the guid anceof the officials here, as no one assum ing to be a persona representative of a sovereign has ever visited this country. Foreign Ido I)arrd. Washington, May 14. Superintendent Herman Stump, with the approbation of Secretary Carlisle, has mado a new and im portant ruling, overturning former prac tices, as to the admission of idiot ixnmigrADts when accompanied by their parents into the United Htates. Ileboldathat It was the intention of the net to make each cla-s of debarred immicrants separate and distinct. It debars an idiot ahsolutelv. and the fact that the idiot might have a private fortune or relations amplv able to provide for his wants cannot be taken Into consideration any more than it might be taken into consideration in nn application to take a person snflering from a loathsome or dangerous contasions disease UnlRCiied Ilon1 to le DmtroywL Washington, May 14. The recent recommendation of acting Registrar Smith for the destruction of $152,000,000 of nmsaaed registered 41i-per-cent. bonds of the funded loan of 1801. b:is been ap proved by the Secretary of tho Treasury, and the bonds will be destroyed in ac cordance with that recommendation. specimens of the same being retained alter cancellation. A story in circulation, to the effect that the Bureau of Knarraving and Printing was quietly printing some bonds with the view of Issuing the same shortly, is without foundation. No bonds save the 3.G5 District bonds have been pnntod for some tunc. Go-sip About lndlanlans. Special to the Indianapolis Journal. Washington, May 14. Senator Voorhees leaves Washington to-morrow for New York, whero he will be a member of tho immigration committee to inspect the quarantine facilities at Ellis island. lie expects to be gone a week. R. C. Griffith, of "Muncie, who has been hero pressing his candidacy for the collectorsbip of internal revenue of the Sixth district, went home to-day. Secretary Carlisle will to-morrow begin the reorganization of the Bureau of Internal Kevenue. Commissioner Miller will call for the papers on hie from the candidates for the offices, and after examination will hoid a conference with Secretary Carlisle, when such cases as are designated for immediate action by President Cleveland will be acted upon and recommendations will bo sent to the White House. A number of internal revenue collectors will probably bo named during the week, it is the intention to reorganize the entire internal revenue department in time for the new collectors to enter on their duties with the beginning ot the fiscal year. m m r WIGtiER TOASTS SAT0LM. The Late rebellion Bishop Now on Gcod Terms with the Pops?slpres?n tat ire. Jei?st:y City. N. J., May 11. Tho ceremonies in honor of Delegate Satolli were very impressive, at the Hoboken Monastery, to-day. The Delegate celebrated high mass at S o'clock. At 10:C0 o'clock tho sanctuary of tho Passionist Church was in readiness for tho solemn pontifical mass, to be celebrated by Bishop Wigcer. The priests of the monastery, and a number of the local clergy, filled the choir. A solemn procession was made from tho sacristy to the altar, to the musio of the grand organ. Archbishop Satolli. in his robes of office, attended by the Passionist superiors, ocoupied the position of honor on the episcopal throne. As the Pope's representative he ranked all the aseembled prelates. No event of significance marked the morning ceremonies. The prenrher of the day made respectful allusion to the Pore and his representative. At the close of the long ceremony Archbishop Satolli gave tho Pupal benediction. Tbo guests invited to meet the Delegate gl dinner armed just after the ceremonies

in the church were ended. About fifty st down to dinner in the great hall of the

monastery. Speeches were made in Latin by the Passionist rector, by Mgrs. Seton and Doane and by. Bishop Wigger and the Delegate. llishop iKger proposed the health of the Pope and his representative in a speech of deep feeling, in reply the Delegate ex pressed the warm feelings of Leo AllI lor America, his interest in the prosperity of so great a nation and his pleasures in the reception loyally accorded to his repre sentative everv where. He was often inter rupted ty applause. Mgr. Seton proposed the health of Bishop lgger. lie remind ed his bearers that. in toasting the Pope and the Delegate with true aflection. they could not for get the Jushop of the diocese, for tho Pope and the bishops were but links in a chain, which would bu weakened m every part by ignoring or attaoking a single link in the chain. The sentiment evoked applause. The dinner ended with n speech from Mgr. Doane, in honor of the Pnsionist rector. Many visitors called on the Delegate ud to a late hour. Th Chuich of St. Mary's was crowded to the doors in tho evening to hear Dr. O (iorman. of the Catholio University, ler tnre on "Isabella." Delegate Satolli sat in the sanotuary and was the center of atten tion. 1 he lecturer delivered a strong discourse without political allusion. THE FINANCIAL PK0BLE11. It Will Have to be Solved by the Logic of Event?, that of the Fornm Being Powerless. To tho Editor of the Indianapolis Journal I have read with muoh interest the paper of P. S. Kennedy in Monday's Journal. As usual with nearly all ho writes, he commands my assent to his propositions and his iogio, but what of itf Such questions are not settled in this country, of late, by any logio except the logio of events; and this not because of a lack of intelligence on the part of the people or of convictions as to tho right or wrong of any given proposition, but because we cannot or will not concentrate our forces upon the issue npd its belongings, but allow ourselves to bo driven or to drift into the support of a party that never has been and never will be nnything but a party of obstructionists. Forty years atro the public conaoience was as much against slavery as it was ten years later, when tho emancipation procla mation took etleot. aud to ail intelligent men the economic detriment of tho system was obvious, but, from one impulse or another, voters persisted in keeping tho Democratio party in power until in its madness it iebOived to appeal to arms to maintain its long supremacy for slavery was only remotely the cause of the war; the real cause was tho arrogance of the Democratic party, for all who rebelled were Democrats, and it was only because they bad been dismissed from power. Thus slavery, and for thirty years the Democratic party, yielded to the logio of events, not to the logio of the forum. And now what! While Mr. Kennedy's propositions will not be seriously contro verted by any intelligent American, except, possibly, by the creditor class, who hope to be gainers by the losses of others. there will be no successful movement in the direction of relief from legislation. A study of our political situation must conlirm this proposition. He closes Uia exoellent paper by expressing a hope that the Republican party will not abandon its traditional advocacy of a sound currency. it never will. , But what can it do towards materializing its views? A mo ment's reflection will develop the fact that the wise financial measures which havo re sulted in transforming a bankrupt nation paying 12 per cent, for money with which to run the government in times of peaco into a government whose throe-per-cent. bonds are in request the world over aud in furnishing the people with a sound currency and plenty of it in lien of the shinplaster currency which Democratic finan ciering had supplied, are the creatures of events which made it possible for honesty and intelligence to provide these wise measures much more than the result of abstract financiering. That events will ultimately compel substantially the policy outlined by Mr. Kennedy I have no doubt. and it will be. when wrought out, only a development of the general financial polioy of tho Kepublicau party all these years. Bnt what indications of such a consummation aro at present in sight! In the first place, we are confronted by a solid South which has no financial or economio policy whatever. Its only polttioal purpose m to keep the Democratio party in power, and there is no measure, from tissue ballots to shotguns, that it will not resort to for tiis purpose. h.ven if some may have a choice. personally, for or against protection, for or against free silver, or for or against any otner economic measure, nothing stands m tho way of its devotion to the Democratio party, and tho more tbat party retains its ante-bellum characteristics the better. Not a baubee does the bouth care for any of these thincs: and they find sympathizers enough in the North of the same spirit to ouabee them to control many Northern States. He is ignorant who does not know it, as he is unwise who does not heed the fact. that tho controlling factor in Northern politics to-day is the solid saloon. Of itself it is not a formidable force, but its solidity and its drill makes it formidable. Free silver or free trade cuts no figure in its politics; it knows nothing but free whisky, and for years it haa uiven its entire force to the Democratio party, not that it loves the Democratio party more, but it loves the Republican party less. As further confirmatory of the proposition that grave questions, such as are involved in the free coinage of silver or the issuing of currency by the government, must await tho logic of events, however costly that may prove to be, take the fact that a large number of Northern voters, some of whom are fairly intelligent, utterly ignore such issues in the exeroise of their rights as voters. One sees nothing in tho political horizon but prohibition, and be must stand up to be counted year after year with not the remotest proba bility of ever having a majority his way of thinking; another eees singlo tax. another eight hours a day, and so on. These do not all vote the Democratio ticket practically they do not vote at all thus leaving the Democratic party to obstruct all reform measures, and to thwart all wise economio measures without once proposing any substitute, lint events are fast formulating the irresistible. Their logio will bo heedod. tboutrh millions npon millions could be saved by listening to the logic of the forum. U. L. Slk. lMXANAi'OLI?,May 13. Tit. Nnr, the Cartoonist. New York Advertiser. A jolly-faced, merry-eyed little man, sturdily built, jaunty in appearance and hearty in manner, with a lull beard and luxuriant inustachios that is Thomas Nast. the well-known cartoonist. He is full of energy, life and vivacity. His favorite attitudo while addressing one, and especially while narrating a joke, is to stand with his legs far apart and his hands in his pockets, as if bracing himself against a mighty wind. Thus posed he proceeds with a series of bright jests, gliding from one to another with a volubility and readiness sugcesting that time is at a premium with him. Mr. Nast is a very familiar figure in this city. There aro scores of bis friends that consider his company an antidote for tho blues. His good bmnor is irresistible. A few threads of silver are beginning to adorn his hair and beard, end Nast protends to bo as irritated as a thoroughly light-hearted man can be that certain newspapers have said that beisagcing. "How can I grow old!" asks he. energetically. 'Howblarstedfitupid itis to insinuate it! I'll never grow old. The liuht-hearted brethren never do. I'll bet right now that I'm ycnntrerthan the fellow who wrote this." producing a clipping. 'Some men nevrr do grow gray. It's an index to a busy brain and not of the encroachments of age, I Grover Llght-lleaded? 2Cew York Alrf-rtler. The trouble with a man who. like Mr. Cleveland, has been "raised up" for the salvation of a people, is that the elevation too often makes him light-headed. Hint to l'oetn. Bosfcn Transcript. If the spring poets will only swear oJT versifying, they may yet gt their rotrard. Look at Knskin! Seo what he has got for not writing poetry. Furniture tostniant Schleicher 2L Leo

DASHED DOWN TO DEATH

Ten Timbprmen Fall 3,000 Feet in a Shaft of the Calomel and flccla Mine. They Were in the Cajrs Coming" Up to Dinner and Dad Reached the Top When the Kopo Brckc and Let Them Drop to the Bottom. Houghton, Mich., May 14. Ten timbermen were dashed to pieces, in the Bed Jacket perpendicular shaft of the Calumet and Ilecia mine, at noon to-day. The miners were coming op in the cage to din ner, and the engineer hoisted the cago against the timbers of the shaft, when tho cable broke, and the men and cago dashed downward, over three thousand feet, to the bottom. The Dames of the killed are: ALLEN CAMEP.OX, son of Captain Cameron, in charge. jAMKd COCKING, single, supporting widowed mother. JOSEPH rOPB, leaves widow and one child. JOHN ODULltrf. leaves a widow aud several children. JOHN HlCKi?. single, aged twenty-four. ANDUKW i:iN. mamcd; ased forty. KOLJEUT YVUOPIA. leaves widow and three children. MICHAEL LEAVITTO, widower. JAMK3 THEVNI. leaves widow and three children. CON a. SULLIVAN, single, aged forty. Tho cause of the accident was a faulty indicator, which did not show tho brakeman in obarge of the hositing apparatus when the cage had reached tho top oi tne shaft. Consequently he could not stop the machinery in time, and when the iron car struck the beams at the top of tho shaft the steel wire-rope by which it was sus pended snapped, letting the cage fall with its ten occupants down to a fearful death to the bottom of the abaft, 3,01)0 leet oelow. The wife of one of the' men was at tho mouth of tho shaft with her husband's dinner and saw the car containing him reach the top and then drop when the rope broke. To day's accident is the worst which has ever happened in the Calumet aud Hecla mine, and the excitement iu the city is in tense, thousands of people have visited the shaft where the horror occurred. Many pitiful scenes have been witnessed there. too. Most of the ill-fated men had families, and when the first rumor of the accident spread wives and children hastened to the scene, hoping that the report had been false, but finding, instead, tbat it was only too true, and that many of them were widows or orphans. Nono of the bodies has been been raised as yet, as tto get to the pit whore they are requires a - . A. 1 1 trip uowu auoiner snail anu men a vaiit for a considerable distance throuah ono of the loveis. . it is expected. however. tbat all of the bodies will be recovered early in the morning. ine coroner is making an investigation and will hold an inquest to morrow. There are two men employed iu the mine who are congratulating them selves on escaping the terrible death which their comrades met. Twelve men went down into the mine this morning, bnt one of them was taken sick, and was sent to the surface acoompanied by another man. Who Are the Wreckers? New York Commercial Advertiser. In these days when mugwumps and others are accusing the Hepnblicans of beach ing the Nation financially, it may be well to reproduce the vote of July. 1KM). in the House on the free silver amendment to the Sherman bill: For. Ajralnst. 112 Democrats. 22 Democrats. 22 Republicans. 130 Republicans. This clipping should be freely used in the hats of persons who labor under the delusion tbat the conservative, sate sentimeut on currency questions lodges in the Uemocratio breast. I he comparison can also be used as a club to keep in check the long-eared enthusiasts who are afraid the. world Is ooming to an end because Mr. Cleveland in power has left nothing for the Almighty to do in these parts. Scrntoh n Frand and Get a Democrat. Nw York ArtvArtinnr Scratch a fraudulent pensioner, and, nine times out of ten. yon will find a Democratio uidi, nuu in tb is wiij iue Vaiuoun pension purgers are not after the frauds. The uvrtsvc-aj rvuoivuci AO IUU AJJ tii bilCJT fiCC& VU SUj Jm Art Glass Eastman. Schleicher t Lee. Mri. II in$tow'a Soothing Svrun' Has been used over tlfty years by millions of mothers for their children while teething, wltu perfect success, it soothes the child, softens .the gums, allays pain, cures wind colic, reiruliltoA fhn hftWnla. and la ttin u.r mmanir rm diarrhcea. whether arising from teething or muer causes, ror sale ny druggists In every nart of the worla. lie sure and aak for Mrs. .unsiow s Booming syrup. iiDo a bottle. Stop it now! Not to-morrow, when it may havo pettled dangerously on tL luiik's. but to-day counteract that coujrh. heal that irritated throat, and prevent th progress of pulmonary in tin inujauou wuu naie a uoney or xiorctiouud anl 'I'.ir KstM hr ull M ril fr rrl -j n J . tilHIStOKIl Pike's Toothache Drops cure in one minute Stand Alone. It is a fact which" can be proven by a single trial that the flavor given to cakes, puddings, creams, sauces, etc., by is as natural as the fruit, and as much unlike, in delicate flavor and strength, the cheap extracts as can possibly be imagined. In these respects, they stand alone ia the market THE POPULAR HATTERS DAMM HAT GO. 23 West Washington St. THE THOMAS HOTELS Are mlist.irjti.il and imposing sTructurer, built of litl:iDl pranito. l.ricW and eter-L The sta;r and hallway nrc ornamented with marble. The rooms are linishtil in pohahed oak. 'lh s bulliUnxs aro eri-cied In such a way as to be practically tir trf, ami furnihhetl with all modern cunvmicnfM nitahld l'T a tirbt-cLiA modern hot 1. Itoom $1..V and upwards, opposite grand entrance to World's Fa.r, Chicago. JOHN S. THO MA. Proprietor. JOHN" . IKI.ua. Maimt-r. j:iL'CATIONA I . fILLlSTON' SKMIXAUY-l'Kr.PAllKS EOYS f for any rolli-ir? r acicntlilc n l.l. .N-w lator. atorivn with electrical ..iut. All I'Uil'tincH l ttdlliy steam. 1VU term u. sspt. 7, l'.'o. Address Kl: VM. OALL VU11EU, lTincipal, liiMthauiiy. tou. Ma s. '

" CEUCI0US Flavoring Extract!

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mmm Rev. S. G. Thompson's Esporlonco Hood's Scrsaparilla and Pills Irn'o TJicir Merit. . I think I would liave been in ray grave sev eral years ago !iad it not bf ea for Hood's Sarsar'lrilla. I was a United States soldier; served hri o yesr in tho Uidon Army and v.is wiia bheman in hU March to tho Sea. While la the service I contracted asthma, bronchitis and catarrh, which havo become chronic diseases. I find that Hood'3 Sarsapariila and Hood's FU13 are aro the best medicines I can me for these complaint. Thcv have c?rtakily prolonged my life. 1 earnestly recoo Sarsaparilla Dead the medicines as just right for what they aie advertised. lain satisfied they save many lives every year." Krv. S. S. Tnoaii'bo' of tho M. r. church, Atllla, Jiliaols. HOOD S Pills cure Constipation by restor es the peristaltic action of tho alimentary caaal tt I - . . '3 . ,vmt .:. Our assortment is No. 1. Styles aud price to suit tho people. BAMBERGER'S NEW YORK HAT CO Tue American Newspapeii Publishers', Association, of which this paper is a member, has a standing offer of a gold medal, valued at $50, to bo awarded to any ono who invents any mechanical dovico whereby tho process of producing newspapers is cheapened, or that will bo in any way a benefit to publishers. For further particulars ad dress tho Secretary at tho office, 20G Potter Building, New York. Flanner & Buchanan FUNERAL DIRECTORS. W ha v removed to new and comrao.lion quarters. Perfect privacy and convenience assured. Chaixil and Morj;uo iu charge ot lady attentat. North Illinois Stroot. in:i. DUVAIX Mrs. Sovlirt.nl A. Duvail, of failure, Mindy evwilmr. at hrr late home, lo'J ortn Illinois ntreeL Utirial notice fati-r. society mi: tings. MASONIC MYSTIC TIK LOIM1K. SO. .T.H, F. ami A. M. wcial lucftlnt; in Mawoulc Tempi, this Monday) aft-ruun at o'clock. fr work In th third decree, anl ontinnhisr dnrin? the evening MfinlM-ra are reuuetoU'd to at n 1. visiting lnt Ur a Invito. (J1IAUI.CS 1 MISll. W. M. Willis 1). Engle, h crttary M ASONlC-SI'EUlAL Jl EKTIXl W OK CLNTKU Lol?. Xa V3. F. and A. M.: Monday at 7 o'clock.' diam fur vrork In the third deirree (two cnnrtl tatf n): Tu"lay aU noon at 2 oYlocH. nfi irp. . fur work in tho iwcond d.kgr e fon? c n'!i latei; Thursday even iii jr at To i;ck, hiinrp. lor work in the thinl rtV'irrce (two canlinatt s. CJaypool Id;ck. Visitor invited. WIIJ. K KXGLISii, W. M. If. IS. ELisf emickz, .crctary. .- LPjT LOST-(LI WATCH. OPKN FACKD. WITH fcj chain attached, on Pennsylvania or Wash iugton streets, Saturday afternoon. Finder wilt to rewarded hy leavmjr same with Mrs. M. iJfETItlCIf.S No. 10 fca.st Washington at. u i: li v a rsri : m ai.k. "7AXTKI-LAIK)I'.KUS ON CONSTIUJCTK )N of street railway on Proajvct ntreet. Wages i. uu per uiy. -ppiy on wor. TANTKIl SALESMEN TO SELL OUODS T(J i nw.rehi n?a laaiitiTtl- 1 I ii I A rtV fl t li f i r VL'itT Tr w iin. t. limn v t'j - s ' - .vf fcati'pU a Ml ca.e furnished free; inclose tlamp. MouEL M Ft i. 9 .ith ItenU In I. W T A 11 T E 1 -T W EN T V-F I V K E X. V KM K X C fc l him kstiilthft can Mj1 all the y-.iraroun l employ. ment. at goo.l wapes, by nrplyimr immediately a Siring York Department oi M1L11UKX WAUON CO., Toleuo. Ohio. ;7ANTEI AN EXPEUlENUMl SALESMAN to hell teH. ot!ei. and Bin. e.s In the city of In. dlunanoiis, by a New York horn.- alr:n'.y havin nn ei-tsbiisheil tra'.e in tliat city. Address, giving refer, euces and exjerieTife. EUWiN J. (ilLLlE k CO, 40 Washington ai reet. New York. 1'INAM'IAL OANS MONEY OX MOUTOAUE.HL C. F i SAYLES. 75 East Market utrc t. ONLY TO LOAN 3 l'EK CENT. HOKAC14 MCKAY. 1L Ta.lK?lt tk Ae' JHo. k. MONEY" TO LOAN ON MOIITOAOESTKISM: reasonable.. At ThoriWn Iilock. East Market ttreet. MCUILLIAKU DAKK. OAXH MONEY ON WATCHES. DIAMOND j iewtIry, without publicity. CITY; LOAN riCE. 07 Vet Wah.urt.a ntreet. T.OANliSU MS oFTlt m't 1(K).(W HJ. I i I H v ryrinrX r niulf rni C. E. COFFIN iv CO.. w t-o-t Market street. OX KY TO LOAX N KA11MS AT THE LoV jJL o.t market rate; privil. gs for paym. nt befoi Cue.. We ats'j l ny iiniiilclpal bon.ls. Tlios. C. DA !fe- CO, I'i Lat Market nUeet, IndiauanoiiS. EOS ItKNTV 170 K 11ENT-A STOKE ROOM, No. 7." EAST Washington it. imi'druat No. 1.J3 North tM-ia. ware t. IOK KENT-EtOli'l.;;oM IlOL'sh NO. ."OS Eat Wanhll.toa t. Eath, w iter closet. wat ktnd. cellar and i!ie is. m-w r. Lirie front lnwn. 10 vaters, two lu lirtrc!asa order. C. ZI.MM EitMAN. roil SALE UKAL EMATK r;OH SALr-UEAL ESTATE-WILL ACCEPT X clal;i:s on the Cuptil National li.ink -t par for Co'.nmiiU i'la e lots at s;nne price wr .nrlt Iheiu ery day for easli j-j.Vt t t'-iW en h. E'.etric cars every ten li inn tea. TAYLUIC A CO, Iloom J, old Rutinol Dull ' In g. L-1!' IOll SALE FLO UK MILL (ill EAT KAIliMin. li;t!iin-o: a K. Hoi sK. Eiwoo L tu.i. ' ANNO IMMI NT. A NNOUNCEMENT OLD HATS xr KUIiaF.a rvp.virod by W Ji. Dcl'U Y, 47 JluAcnuoii aya

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