Indianapolis Journal, Indianapolis, Marion County, 2 August 1893 — Page 2

THE INDIANAPOLIS JOURNAL, WEDNESDAY, AUGUST 2, 1893.

end Park. The Fourth National baa already ordered $2,000,000 of bills engraved end the Gallatin about 00,000. Thu latter bank bas purchased $5."0,XX) of the bonds, and the 13ank of A'ew York $3)0.000. The rest of tho amount will bo made among tho otber banks named. Harvey Fish & Hons, who make a specialty of povernment bonds, to-day sent a circular to national bank ofiicara urging the importance ot enlarging tbeir circulation. They say: "There is room for an increase of over S100.W 0,000, provided tbe bonds can be secnred for deposit The banks can perform . a service by Increasing circulation, receive a reward iu tbe shape of lara profits, ond demonstrate to the public that a properly secured bank currency is the Lest which a country can nave, because It expands when needed and contracts when it ia not needed, instead of, in the latter case, remaining in circulation to induce foolish speculation, which hastens and intensities panics such as we are now passing through." The United States bond iHgne now available for circulation deposits includes JU5.2W.o00 in the four-anda-half-per-cent. bond extended as twos and 8-fc9.C0M50 in the fours, which run out in l'JOT. It is this last lMue wbich is now going to Washington, and against, which rnsh ordars are going through tho Government Bureau of Engraving. Negotiations are reported to be tinder way between the svingd banks and national banks for the transfer of a large block of government four-per-cent. as security fur tbe new circulation. The savings banks are not allowed ordinarily to carryover 10 per cent, of their assets in cash. As a matter of fact they generally earry a much smaller percentage, so in spite of the fact that they have been accumulating cash lately, they are probably till below the 10 per cent, limit allowed them. It is thought . that they would rather dispose of a large block of securities now and have the cash in hand than Wait rmtil ttie cash is actually needed in case it ever is and then have to sacrifice their holdings for what they wonld brinir. The currency movement to-day was lighter than it has been for come time, beini estimated at less than S 7-.000. Tho eubtrea&ury wa a creditor at tne clearing house for $105,000, about half of which waa paid in gold. Exchanges over the conntr at the suhtreasury were about $400,000. in eluding 50,00-0 in silver. Gold was paid out to the amount of 8 XX). 000. and $50,000 was received from San Francisco by telegraph. GOLD FROM ENGLAND. The shipment of gold from England for New York, by to-day's steamers, reached 020,000. Fart of this was in eagles and double eagles, and probably return in the very kegs, with seal unbroken, in which they were shipped to London daring our rncent specio export movement. 'Arrangements were also reported to have been made at Chicago for the import of 8500.000 sold direot. by the First National Dank of Chicago, S250.0C0 by the Hank of Nova Bcotia in that city, and &500.0UO by the Illinois Trust and Savings Institution, this gold being engaged against the forwarding of wheat and produce to England, the machinery of the operation being similar to that employed by the New York banks In their import of gold against transfer of American securities to Lcndon. The total gold now afloat from Europe to America, most of it due here within a week, is between seven and eight millions. About the only ditliculty the banks now have to contend with, it is said, is the greatjscaroity of currency. The clearinghouse loan committee issued 8l.275.0C0 more loan certificates to-day. making the total amount now outstanding 8.250. 000. It was said that the loan certiticates Issued to-day praoticallv represented gold- that has been ordered from London, as they were tukeu out by one of the large banks which lent money to some of tbe gold importing bouses to buy foreign exchange. It is not believed that the total amount of certificates will be much lcoreased after to-day. The first heavy importations of gold will arrive this week, alter which it is expected there will be a considerable easing np in tbe situation as a consequence thereof. . Among bankers here but little surpriso was expressed at the condition of aff airs in Chicago. Chicago, it was declared, had no riizbt to call on New .York for currency; it never sent New York any cash, and the only balances it had here it needed for its current business, and those balances, it wad added, were now very small. A tour of tha leading trust companies developed the fact that there were few default of importance. This is considered remarkable on acoonnt of the hard times. One small Western railway has not sent in the check for its interest up to this hour. At the Union Trust Company two small Western municipalities have failed, as yet, to provide for their interest. Among railroads the Louisville, tit. Louis &. Texas has defaulted on its hrst-mort-gago bond interest, amounting to $100,000. For the fiscal year ended June 30. the road failed to earn its expenses, including construction, in the sum of 7.000. The road had arranged with Louisville banks to provide tne amount required, bnt the bank failures there prevented the carrying out ot the arrangement. The Seattle. Lake Shore & Eastern, whioh is in litigation, also failed to pay the 163.000 interest due to-day. The Northern Pacific is interested in the road. but. until the question of the title is settled, will not provide the funds necessary to pay the interest. A quieter feeling prevailed among the savings banks to-day. All the local banks now have the sixty days' notice rule in force. The total withdrawals from seven banks yesterday was $503,000. while the deposits in them amounted to 35,500. A PROFITABLE VENTURE.

National flanks Slaking Money by Baying Bonds ana Initio? Notes. Washington, Aug. 1. The financial depression is to be relieved from a quarter that has not been looked to for succor. The report of the Treasury Department issued to-day showa that in July the circulation of national banks was increased over 5,000.000. Controller Eckels waa asked tonight what was tbe significance of the increase. "It is due," he said, in the first place, to the low price of government bonds, whioh makes the isiue of currency, even when restricted to W per cent, of the par value of bonds deposited to secure it, a profitable venture for the banks. Four-per-cents. are now quoted at 108, which is quite a fall from the maximum figure which they have attained. Then the stringency of the monev market makes it desirable that the circulating medium shall be increased as much as possible, and national bank notes secured by government bonds are a very satisfactory currency. In the- quarter ended July 31 the net increase of national banknote circulation was something over (8.000,000. It will be increased in this month alone by at least that amount, in my opinion. The department sent out over half a million dollars to-day and received applications from three New York banks for the issue of Suro.OGO to eaoh of thero, 81.000,000 in bonds having been deposited with each of the applications." ' Will you recommend that the limitation to 90 per cent, of the par value of the bonds to secure circulatior be removed!" 1 don't care to say as to that. It is a recommeudation thu has been repeatedly made by controllers in their reports, but my tune has been so taken up with matters of current business that 1 have not had an opportunity to consider it yet." The total amount of national bank notes outstanding ia f IS3.&5.920, an increase of 5.041.335 during the montn. The number of new banks being organized is unusually smalL VARIOUS BUSINESS TROUBLES. Failure of a Big Chicag Furnltare Company and Otlmr Concerns. Chicago. Aug. 1. On application of Alexander Dierkes Judge Windes this aftercoon appointed Charles Zoce:s for the Demmo & Dierkes Furniture Company. It is reckoned among tbe most extensive manufacturers and dealers in the West. Tbe assets are fixed at $100,003, against stated liabilities of 120.000. At Kankakee, 111., tbe company has a plant employing live hundred men, and also has warehouses in this city. Tbe failure is attributed to the financial depression and thesuspension of bank creditors. FtMi.AM.miJA. Aug. 1. Edwin F. Cook has been appointed rtceivor of the Philadelphia Tacking and Provision Company, tlpon the allegations ot a bill in equity tiled yesterday, which averred that tbe company was .Insolvuut and powerless to vouticuw buiine&s for want of fuuds. .Lia

bilities as well 84 assets are likely to aggregate a large amount. St. Pai l, Aug. 1. The Seven Corners linnk. in this city, a State institution, with SlOJ.cOO capital, assigned this afternoon. This is the first bank failure in St. Faul in more than a year, and it is not believed to be a bad one. The bank was comparatively weak, hat its failnre will not affect any otber banks in this city, all being in first class condition. Amkmiuky, Mass., Aug. 1. The Amesbury tShoe Company has made an assignineutto its treasurer and George E. G ale. cashier of the Amesbury National Bank. The company, it is stated, is not insolvent, but take this means to close np its business, which is not paying. Uppkh Sandusky. O.. Aug. 1. The Wyandotte County Bank, of this place, has suspended pavment. The liabilities iuo between 870.000 and $73,000, while the assets are about $100.'K)0. Dr. li. N. MoConnull and J. It, Lay ton have been appointed receivers. Dp.Wf K, Col., Aug. L Tho Denver Safe Deposit and Trnst Company assigned this evening. Assets, $400,000; liabilities, $100.000. Eastern creditors caused the assignment by pushing the concern. Sr. Louis, Aug. 1. The National Iron and Cornice Company, at Nos. J17and219 Main street, made an assignment this afternoon. Assets estimated at $2,000, with liabilities about the same amount. Hr.LKNA. Mont., Aug. 1. II. M. Parshen & Co., wholesale druggists, made an assignment to-day. Liabilities. $247,000. j .Must (Utk Sixty lJys Notice. Omaha, Nob., 'Aug. 1. At a meeting of the presidents of the Omaha savings banks, this morning, it was resolved to require sixty days' notice for tho withdrawal of deposits. Cli:vklaki, O.. Aug. i. The officers and directors of all the savings banks in this city have decided to require of depositors notice of withdrawal as set forth under the respective bylaws of the various institutions. This notion was prompted for the common interest of tho people, and is merely following a course already pursued by Eastern cities. BftiDGKpokT, Conn., Aug. 1. This afternoon four savings banks in this city gave notice that they will take advantage of tho ninety-days clause in their charter regard- . ing the payment of money to depositors. Colfax Commercial Bank Liquidates. Special to the Iixllauapolls Journal. Colfax, Ind.. Aug. 1. The Commercial Bank, of this plsoe. has gone into liquidation, giving its depositors notice to corns and get tbeir money. It will entirely close out tbe business here. Depositors are being paid in full. The present stringency in money matters ia the cause of the discontinuance. Trade and Industrial Note. The extensive shops of the New York & Erie road at Susquehanna, Pa., are running but twenty-four hours per week. The United States Watch Company has resumed work at its factory at Waltham with a full force after a week's vaoation. As many as 2,500 overatlves, at Pasa uc. N. J., are now in a state of enforced idleness for a part or the whole of their time. The wages of the dressers and Learners in the Lancaster uingham mills at Clinton. Mass., havo been reduced from 2'J to SO per cent. The weaving and dressing rooms of tbe

13roadbrook company's cloth mills, at Broad brook. Conn., will run but five days a week for the present. Tbe Everett woolen mills, of Great Harrington, Mass.. employing -50 hands, will shut down Saturday lor a month to await a more settled linancial situation. The Edison phonograph works at Orange, N. J., has discharged three hundred men. It is asserted that the reduction in the force is for the pnrpose of taking stook. The Mohawk Valley Silk Fabrio Company nulls at Canaioharie. N. Y havo shut down for two weeks, perhaps longer. Other factories are running on short time or with reduced belp. The Cocheoo mill at Dover, N. II.. will shutdown ou Saturday, Aug. 12. for two weeks and perhaps even a longer period. The shutdown means the throwing out of employment of nearly 1,200 people. Tbe Universal shirt factory, Sterner & Son, proprietors, at Bradley Beach. N. Y., which employs three hundred hands, has shut down. Stringency in tbe money market and dullness of trade are the causes. A notioe has been issued by tbe Chicago. Milwaukee & St. Paul Kailroad Company ordering a out of 10 per cent, in the wages of all employes in the commercial department of the road whose pay exceeds 50 per month. The Bennington woolen mills, owned and operated by Oldentc, Hardens & Co., and tbe largest in Vermont, have reduced their working time to eight hours, four days a week, with a probability of half time shortly. This action affects aboat 250 operatives. The three largest tin box works in Brooklyn S. A. Ulsey & Co., the Mesoreau Manufacturing Company and Sommers Brothers have discharged ono-quarter of tbeir hands. One of the members of the lirm of Sommers Brothers said that if Congress did not repeal the duty on tin the tin box manufacturers would have to close down their works. There is trouble among the hat factories of Orange and Orango Valley, N. J. Orders have been steadily .falling off and many countermands have been received for orders already booked. The cause is tbe stagnation in the Western trade. omo shops are already closed and others are about to follow suit. Not one is working to its full capacity. The closure of these shops would throw three thousand operatives out of work. CORRIGAN MAY HE PILNISIIED.

The New York Archbishop lias Tersistently Refused to Obey Satollfa Instructions. MiNNKAPOLis.Aug.L The Journal prints to-day a sensational article on recent developments in American Catholic politics, which it deolares comes from the highest authority. Archbishop Satolli, the papal legate, left last night for Washington, after having spent several woeks in the North west, and the Journal declares that the rebellion of Archbishop Corrigan, of New York, is now to be punished, and in a very diplomatic way. The offending archbishop has refused to reinstate Dr. Burusell in his original parish or one just as good, in spite of the fact that ho has been admonished to do so by the ablegate. Behind this refusal Eatolli is said to see a determination on the part of Corrigan not to yield to his authority. It must bo either this or a resolution on Corrigan'a part to resign from the archdiocese. Tbe Journal ays that batolli, after consultation with his close friend. Archbishop Ireland, of St. Paul, the leader of the Liberal wing of tbe Catholic- Church, has determined to go to Koine toonaud lay the matter before the Tope, with the recommendation that a coadjutor be appointed to "assist the Archbishop of New York in tbe management of io large ft diocese." This action, if approved bv the Pope, as there seem a every reason to suppose it will be, would be equivalent to the removal of Corrigan from the aotive management of the a&airsof tno archdiocese. The Journal hints that io case such aetion is taken by the Holy See it is entirely probable that Archbishop Ireland will be appointed that coadjutor. Corrigan Gone to Rom. New York, Aug. 2L A morning paper says: "It was stated last night in well-informed quarters that Arohbisbop Corrigan has left the city' secretly for Koine, whither he was summoned some time since by tbe Pone. The Archbishop, it issaid. has notgoc by any steamship from this port, but bas taken a Northern course uud will cros the Atlantic from Canada. It is believed he will nail, or has sailed, from (Quebec. Dr. Ferauto. his Italian secretary, who has been for several weoksin tbe Eternal cUv, did his best, it is said, to arrange matters so that th Archbishop might be spared obeying the summons to Konn, but failed. Ibe Pope would havsthe Archbishop over for a personal interview." . Obituary. Paris. Aug. 1. Marieo Uobard. the French dramatist, dird in this city to-duy. iu his sixty-ninth year.

SIAM BOWS STILL LOWER

Supplementary Guarantees Demanded by tho French Government Conceded. England and Franc Agre cn a Neutral Zone Minister Blount to Leave Honolulu Next Monday Papal Encyclical. HARDEN TEIUIS FOR ftlAU. Supplementary Guarantees Imposed by Franc Neutral Zone to lie Etabllshed. Pa las, Aug. 1. A council of tho Ministry was held at the Palace of Klysee to-day. M. Develle announced that Prince Vadhana bad signified his government's willing ness to concede tbe supplementary guaran tees demanded by France. M. Develle also stated his interview yesterday with Lord Dutierin was based on the negotiations which took place in 1SS0 between France and Great Britain, whioh recognized the principle of a buffer state between the French and British possessions in the East. The question of a neutral zone, M. Ueveele added, had been reserved for future consideration. The supplementary guarantees demand ed by France from Siatn. which include the temporary custody of the river and port of Chantibun. and that Siam shall not establish military stations in certain named places near tbe Cambodian frontier, or within a certain distance of the Mekong river, were contained in a note issued by M. L'evelle yestorday and made public today. The text of the note is as follows: "The delay of Siam in accepting the ultimatum presented by the French minister resident at Bangkok has justified the government of the repoblio in imposing heavier cnudiditions. lieing desirous, however, to give further proof of the sentiments of moderation by which she has been constantly actuated France will content herself, as a guarautee for tbe practical execution of the clauses of the ultimatum, with occupyiug the river and port of Chuntiban until the complete evacuation of the posts established by the Siamese on tho left bank of tbe Mekong river. Further, for the purpose of guaranteeing a continuance of the good relations happily re-established between France and biani, and for preventing a conflict in tbe region of Lake Toulesap. Siaui will undertake to maintain no military forces in Battambang and Siemrieuf and in the locality situated within a . radius of twenty-live kilometre fof. the Mekong river, starting from (the Cambodian frout'eti" JSiam?'- ' will only maintain tho police foroe necessary to preserve order. Moreover, Siam will not maintain war ships or armed boats ou the waters of the Mekong river. A semi-olhcial note says: "The varions interviews between M. Develle and Lord Dutierin, in the last few days, refer exclusively to tho upper Mekong question which has been pending between France and Great Britain for years, and which was brought Into prominence by tbe Franco-Siamese conllict. All decisions in thW matter were postponed until Siam unreservedly accepted the French ultimatum. Acceptance having 'been made, France has not hesitated to adhere to tbe principles of a neutral zone, to be established by means of mutual sacrifices between the possessions of the two powers in the regions of the Upper Mekong. The delimitation of the zone, is reserved for a future date." A Neutral Zone In Indo-Chlne. London. Aug. 1 In the House of Lords, to-day, the Earl of Koseberry, Secretary of State for Foreign Affairs, read the text of the first ultimatum and of the supplementary ultimatum sent by France to Siam and accepted by the latter country. He udded: "We have signed an agreement in Paris establishing a neutral zone in Indo-China." A dispatch to the Times from Bangkok says that tbe negotiations have, assumed. a secret character, and that absolutely. nothing can be learned by the -public. If no divergent action is taken by the French fleet it is expected that; the details will soon be amicably settled. English asd German gunboats entered the, Menom river to-day. They proceeded np the river, and oamo to anchor oil' the city. A PAPAL ENCYCLICAL. Leo's Advice to the Ilulera of Christendom on the Social Question. London, Ang. 1. The Pope has been engaged for some months upon an enoyclical to all the rnlers of Christendom. It is said the encyclial will be sent toeach of varioua Cnristian powers in the lauguage of that power and not to all in Latin. Following are extracts from the enoyclical: "The social question should be placed on areligious basfaif we would obtain at once a philosophical j&nd a practical solution of the difficulty. "Atheism and a departure from the Christian faith are the great aids ond stimulants ot anarchy and socialism. The Christian faith alone is tbe bulwark of aocial order. Where Christian institutions and customs are not maintained in a State there must ne disorder, bewildermont and decay. . "At this moment Europe is in the throes ot an immense upheaval of society in which one violent struggle succeeds another unceasingly In mauy cases tbe reason is to, be found1 in the faot that legislation has not been duly enacted, for every person should have his legitimate part in the benefits of society according to the order of Providence. "The state of nnrest is not conlined to the working class properly so-called. It has taken rootaud is bearing nefarious fruit in the more cultivated part of society. "A strike can be justified only as a means of defense when an individual's interest is attacked. Never can it be justified as a collective arm of aggression. . "If the dUoonted operative is to be detached from anarchy orsocialism. his wants must be understood by his rulers, who must not leave to unscrupulous agitators the monopoly of social reform. The potency of religion and charity opposes au insurmountable obstacle to the dangerous movement which human force and human repression can only make more grave. "The right of protecting the operative, whether In the factory or in the Mold, should be admitted. And for this purpose the maximum of labor, as well as the minimum of salary, should be arranged, giving due attention to days of rest and abstention from labor." 11LOUNT WILL RETURN. "My Coram liisloner" Will Leave Honolulu for the United States on the Oth Inst. San Fjiancihco, Aug. 1. Authentic advices received here state tbat Minister Blount has determined to turn over matters in Hawaii, so far as the United States' interests are concerned, to Commodore Skerrett, of the cruiser Boston, and he will sail for the United States on the 6th lnst, without waitiug for the appointment of his successor. Mr. Blount may, therefore, be expected to arrive at San Francisco about Aug. 12. Meantime bis report, which has been mailed by the steamer Oceanic will have preceded him, and by the time the special commissioner and minister arrives, the President and Secretary Gresham will have bad fnll opportunity to consider its contents. The intimations that Mr. Blount has relinquished his mission because he resented his appointment as successor to Mr. Stevens does not appear to be borne out by tho facts. The appointment followed Mr. Blount's arrival in llouolulu as a natural and necessary featuro of the work placed in his hands, and the minister's reason for returning to tbe United States is his deaire to give attention to his personal atlairs. which are muoh in need of careful handling, and the fact that ho bas already completed the important part of the work coniided to him jnstilied him in returning to his home. In this connection it may be stated that the scope of this -work w ns limited to the collection and collation of the actual faots of the existing political situation in Hawaii. It was uot contemplated that he should recommend an negation or a protectorate or that be should oudoavor to reitore tho monarchy. He was to learn all the facts, to ascertain, as nearly as he could iu the absence of a popular vote, which, it waa not

within his power to ssenre, the exact strength of the annexation sentiment on tho islands, for the administration took the position that it would not accord with republican ideas that a aitferent form of government should be forced upon a majority of tbe Hawaiin people against their desires. But he was not empowered to interfere in the affairs of the provisional government further than was necessary to protect American interest, nor was he charged to make any recommendations. To the President ami Seoretary of State was to be left the decision an to the future relations of Hawaii to the United States. The Revolution in Arcentloa. London. Aug. 1. A dispatoh received here to-day from Buenos Ayres states tbat the revolution in the provinces of Buenos Ayres, San Lnis and Santa Fe continues Contrary to expectations, tbe insurgents have taken most of the towns in the prov inces named with little bloodshed. Much anxiety is felt as to tbe result of a conflict that has taken place at Laplata. General Costas was in command of the garrison of two thousand men at that place. The troops were well armed. The insurgents who attaoked the town numbered about two thousand men. Tbe city of Santa Fe is besieged, and the insurgents have grauted the Governor two hours in which to surrender. It is reported that many insurgents have been captured t Laplata. Cholera Ktvage in Naples. London, Ang. 1. Despite tbe denials tbat have been made as to tho presence of cholera in Naples, and information that appeared to sustain the denials of the Associated Press, the following figures are given as tbe number of oases of the disoaBe and deaths in that city: From July 20 to July 23 there were 2i2

cholera cases registered m the city, ana 15? deaths. The daily average was thirtyseven cases and seventeen deaths. On Jul? 22 forty tivo fresh cases and twentyfour deaths were reported. The number of cases and deaths has declined since then. Vou bf the Amrrtoan Yacht London, Aug. 1. The reaatta of tho Royal Southampton Yacht Club was held to-day. The course waa fifty miles. There was a light westerly wind. Tho Britannia, the winner of yesterday's race and the Valkyrie, the challenger for the American cup. did not sail in to-day's race. The Amerloan yaoht Navahoe won. , George Francis Train's Latest Mission. Nkw York, Aug. 1. George Francis Train said to a reporter this afternoon: "The Wbitechapel Press Club of Chicag o has telegraphed me asking me to come on there and save the world's fair. I leave tomorrow and expect to reach Chicago at 4 l'. m. Thursday to lay my plans before the commissioners." Many Killed and Injured. St. Pr.TERsnuno, Ang. L A dispatch from Kiev, capital of tbe government of that name, says that an explosion of benzole occured to-day in tbe magazine in the Dumski Platz. The shock was terrific. Fourteen persons employed in the magazine were killed and a largo number injured. BETHANY PARK MEETINGS Convention of (he Indiana Missionary Society Brought to ji Close. . T. Lane Elected President Dr. D. R. Lucas Begins a Series of Lectures Lecture of Hon. W. P. Fishback. Special to the Indianapolis Journal. Uutiiany Park, Auo. 1. The mornina prayer meeting here was held at 6: SO o'clock, as usual. The morning was very pleasant and cool and the attendance was good. The programme for the day was somewhat changed from tbat whioh had been announced. At a late hour word was received by the assembly managers tbat President A. T. Hobbs. of Des Moines. Ia., was seriously, if not dangerously, ill, and would not be able to fill his engagement at Bethany this year. President Hobbs was to have delivered a series of lectures to preachers. However, the assembly has been fortunate in securing a substitute. Dr. D. K. Lucas has consented to take the same subjects and lecture in Mr. Hobbs's 'place. Dr. Lucas,therefore.spokeat9o'olock on 'The Secret of Our Power." The lecture was, of course esDecially designod for the preach er of the Christian Church. The person al power of a preacher was first discussed. Dr. Lucas emphasized tbe fact tbat the power lay not so much in the manner but in the messaso delivered. It is not eloquence, not the gift of tongues, but the power lies in the man himselt; tbe mightiest force, the ouly omniputont force in the world is human character. The preacher who would till the pulpit aright must be a good man; there is no substitute for tbe oxample of a life. The great secret of power lies in faith, a firm belief in what yon say. The world's great men and thought leaders have been men of this character. Dr. Lucas then mentioned men of the stamp whose tirm belief iu tneir doctrines had carried conviction with it. One of the powers peculiar to a (jnristian preacner is tuat nis teaching is absolutely free from mysticism, that there is no tendency toward specula tive theory in our pulpits. Tbe lecturer then described what he considered tho ideal Christian preacher. The power bestowed by a consciousness of being right was dwelt upon at some length. The force which makes a preacher powerful is this consciousness. No man has any right in the Dulpit without it; any preacher who doubts must est out of tbe puloit. About the things which the Christian Church preacher must teach and practice there is no great controversy. There is no force iu donbt. but in faith there is great and progressive force. At 10:40 o'clock the Hon. W. P. Fishbaok. of Indianapolis, delivered b rousing lecture on "The True Basis of American Patriotism." In mentioning the things for which the American eitizeu may be patriotic, laying aside wealth, population, etc., Mr. Fishback. spoke of our arsestry. In i there is no taint of barbarism, as have most civilized nations of tbe world. Civilized men came here in search of God. not gold. After enumerating some of America's most glorious patriots, the speaker explained the foundation on which the government is based. It was founded on the definition of Montesquieu of a true government, one based on tbe ntter divoroe of the tbrse parts, tbe executive, judicial and legislative. "We have passed through two great crises as a nation; that of countruction and reconstruction of tbe civil war," said he, "and are now passing through that of the danaars of prosperity. Awerioa ia aUo fortunate in human principles whicn distinguish this country, viz: The intenne love and desire for personal liberty of her children." Mr. Fishbaok spoke of tbe smallness of the armaments found so enormous in other countries as a grand witness of the peace in this country. Again, we may be patriotic, he said, tbat this Nation is tbe ouly one in the world that ever said: "Ho, every nation tbat thirsteth. come hither." We have our arms wide open, though not quite so wide as we used to. A criticism formerly made acainst this Kepublio was that it is too bis, but it poasesses this advantage, that you can't get forty-four States mad all at once. They can be as mad as hornets out in California or Colorado, and it does not bother tbe people in Indiana a bit; the HooMers read tho headlines and go to sleep. Mr. Fishback spoke of tho decrease in political lighting, and concluded his address with eloquent praise of the government of the United States. MlSSlONAHY CONVENTION CLOSES. At 2:15 p. M. the closing session of the Indiana State missionary convention waa held. Tbe minutes of the last meeting were read by E. B. Scoilield. The chairman of the committee on revision of constitution. D. It Lucss. made a report, which was accepted. Mr. MacXeal, of Kuabville.e. f nned tbe following officers and directors: L T.Lane president. L B. Scoflield areretary, Amos Cliilord treasurer. !. T.

Highest of all in Leavening Wcr.

Lane, of Lebanon, reported on the state of the work. The committee on recommendations, among other things, reoommended a vote of thanks to Bey. L. L. Carpenter for his valuable service which was heartily indorsed. A change in the place of the meeting of the State Missionary Society was proposed and hotly discussed. A. M.Atkinson spoke emphatically and earnestly on the subjeot of Bethany Park and its mission, and against the proposed change. He was followed by D. It. Lucas, in favor of the change. Dr. A. R. Benton spoke cogently of the moral obligation upon the society to hold its annual convention here. After nioch discussion the whole matter was laid on the table. Tbe committee on Butler University then reported. The committee consisted of D. li. Lucas, Mr. Armstrong and W. D. Owen. It was decided tbat the university should be hrouccht into the closest relation with the church; that this could only be done by some arrangement giving tbe church some management of Butler: that tbe church should take some stock in tbe university. It was determined to seoure the services of an asxent, employed by the State Missionary Society, and by this means raise 8100.000 as endowment to the Butler Bible Sobool. Dr. P. II. Jameson made a short and eloquent address in favor cl this movement. The sermon in the evening was delivered by F. A. Morgan, of Terre Haute. The devotional exercises wero conducted by A. L. Ward, of Indianapolis. To-morrow is missionary day, D. R. Lucas will speak ou "The Regulative Principles of Our Movement," and J. 11. Hardin, of Cincinnati, corresponding secretary G. C. M. C.. will discuss foreign missions. At 2 o'clock G. W, Muckley, Kansas City, will speak on church extension. At 2:45 C. C. Smith, of Canton. O.. will give an address on negro evangelization. In the evening there will be a special treat in the shape of a stereoptioon lecture by John L. Brandt. Among those on the ground to-day wero Dr. I. II. Jameson, of Indianapolis; A. M. Atkinson, of Wabash: Hon. Howard Cale, D. li. Luoas. B. M. Blount. V. D.Owen, Dr. A. R. Benton, Scot Butler, L. E. Murray and W. 1). Frazee, of Indianapolis; A. M. Hootman, of Lowell: John Brazleton. of North Vernon; L. A. Coble, of Oaklan 1 City, and Rev. Neal McLoyd, of Kvansville. 8ILVEKITES AIR 1UEIR VIEWS. lConclnd-l from First Fne. 1 phase. of a "sound and stable currency" will b used. 1 want the President ot the United States, for whom I have the greatest respect, to tell the people of thiscountry and , the members of Congress what he means by "souod and stable currency." I will not be satisfied by his saying tbat he simply wants a standard that doea not fluctuate, but I want him to tell the people of this country why he says that gold alone will make tbat stable standard. Give us the reasons for the faith that is in him. The people of this country are intelligent enough to understand whether tbe conclusions he reaches are correct ones from the premises laid down. If he doea not think that the people are so be certainly must think tbat tbe members of Congress are to whom this message will be addressed." In closing, the speaker said: "We are not here for the pnrpose of answering every misrepresentation and falsehood that circulates. Neither are we, here for the purpose of indulging in abuse of those who di Her from ns. nor for the pnrpose of advocating wild schemes of anyl kind, bnt we meet here to discuss in a calm and dignified way what is host to be done. Therefore 1 beg leave to submit for the consideration of the convention ' the following: First, let our adversaries agree to the free coinage of silver at either the ratio of 15 M or 10 to 1. I prefer the former. If they do, we will agree to the unconditional repeal of the Sherman law. Next, amend the national banking laws so as to permit any national bank to issue its notes np to the face value of 100 percent, upon the deposits of (0 per cnt. with the United States treasury in either United States gold or silver coin other than subsidiary silver. Further, amend by repealing the tax on national bank circulation." At the close of Mr. Thnrman's speech the committee on credentials reported that forty-two States and Territories were represented and that 810 delegates were entitled to seats on the floor. PoWDKKLY SPEAKS FOlt THE K. OF L. Loud calls for Powderly brousht him to the platform, after a proposition from an excitable delegate from Nebraska, that a committoe be appointed to draft a memorial to Congress and an address to tbe people of the country had been overwhelmingly eat npon. The labor leader said tbat he was present in response to hundreds of letters from his brethren in tbe work, who could not come themselves. Seventy-live thousand Knights of Labor were standing on the brink of ruin. Ten thousand alone were idle and 50,000 more in the Fast would feel bitterly the cflect of tbeeDort to demonetize silver, for the existing danger was not ono t on fined to any particular section. The country should be able to make its own currency without any dictation from across the water. It was time to shake off the sbaoklos that had been fastened upon the lim!isof the American people. They needed to be calm. If there bad been any time in history when it was necessary to be cool and deliberate tbat time was now. He did not believe in blaming tbe bondholding Jews too much for tbe present condition. He knew Christians who knew how to rake in interest in a way to give points to Judas himself. This was not a light of Jews or Protestants, Catholios or Fvnngelists; it was the fight of the people against the few that have their fingers around the cold of the country. Every Knight of Labor throughout the country who was true to his constitution and they all were was in favor of tree and unlimited coinage of silver at theratioof 10 to L o'doxnklly wants blood. Mr. Powderly concluded amid loud applause and then the entire convention, as one man, shouted for Ignatius Donnelly, and the "sage ot Minnesota" was half carried, half rushed, to the pUtform. He spoke for over an hour, eliciting repeated enthusiasm, and at times verging dangerously near the inflammatory line. Hesaid tbat this convention meaut that the people were rising without distinction of party in defence of the imperiled interests of the Nation. Representatives from every party were all singing the same eong. All were in detense of the white metal that was imperiled by European conspirators. "Everyone who believes tbat John Sherman isa statesman, a patriot and an honewt man. hold up your bands." he commanded. Not a hand went up. "But this is not a personal question," continued Mr. Donnelly. "It is a great national issue. It is possible we may get from Congress under tbe terror of this great awakening of the people all that this convention asks. You cannot write down all the incalculable horrors that this thing is producing. Look in Colorado twenty thousand bonet men, industrious, seeking only honest toil, and yet swarming out of the State with tbe horrors of winter before thousands and millions. Nothing has been seen like it since God started civilization on this planet. I am afraid to talk as I feel. If I did I might talk blood and brirtles. Was there anything wrong in Govcrnar W'aite'a referenco to 'blood and bridles!' Loud cries of 'No.'j I say that if thoe monsters of other continent are determined, with their iron heel, .to tear down and crush tbe American banner of liberty, then 1 say that before that banner of liberty is criiKhed to tatters let it be drowned in the blood of the whole people, Prolonged applause. There can be no denunciation strong enough for the villains who have brought the country to this conditioii.'' Mr. Donnelly concluded with the declaration that there mnt b no compromise and no turning back. It was now 6

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n O RAILWAY TIMK-TA1IM.S. Indiarapolia Unicn. Statio ennsylvania Lines. Trains Tiun by Control Tiino. Trains Ttun ty Control Tiino. T:xex Orncxn at Stntloasnl at corner Ildnoiaan4 Washington Mrwt. Daily, t Uiilj, xci t Kundir. "V IXDIAXATOLIS TO LULAYB Columns, Ind, an! Loulsvilta S.SS am 1'liilatlpHUaLi.l Sew Voric.... &.0) aiu BalthoieMA Wanhingtou.... 5.K)ani !Jt and arrlacueUi S.OO aia Kichmu.l and Columlma, O.... tw.OO am MartiHvilie an.l Yinccnue.... S.0O am Mull ani Louis r die 1S.03 am Daytoiiiuj Columbus 11.43aa Lotfausort and Chicago 11.50 am Colunib, incL. and Louisville. l.-'O ;ra FMIadeljdaanit xe York. 3.o,j pm Haltimor and Vatiinstoa 3.0J pm Dayton ai sprin?flel.l 3.oO pm KnitiMstoru and Richmond... 14.00 pm ColuniuuftiniL. and LoulsTiile. 4.0i) pm loanpor and Chicago 4.o ) p u :Nrth rn ami MUa.. t.O0 jn Martinsvlll and Yiiicenuca... H.i'Jp.r. Plttsburs itd East WiO pm Dayton and Cenia. 5.3iitii Columbus. 1 and Iui3Tiilo. U.45 pm LofMUsport :iid ChittLM am 12.15 am io.l5 pm 10.15 pm 110.15 p.u t3.J0 pm 5.15 pm t5 5o DOX 7.55 a l.OO p:a '11.40 am 12. vi pm 12.53 pm 12.:0pni ut.ooam 10.15 am v.4l p a 110.15 m 110.15 am 11.40 am 1 1.40 am 3.5'J pm :Muit .Trains leavefor BL Louis 7:30 am.. 11:50 am., 1:00 pra., 11:0 pm. Trains connect at Terre Haute for E. fcr. II. points. Krauavllla sleeper on 1 1 :Oo p. in. tain. Trains arrive from St. Louis 3:30 am 4:50 am.. 2:50 pm4 5::o pru.. 7:45 ym. Terre Ilaute aul Ureenoastle accommodation arrives at 10:00 &u.. uud leaves at 1:00 pin. tSleepinc and P:rlor Cars aro run on througa trains. Dining Caion trains 20 and 21. Mini luHofc WROEGHMROS PIPE FOR-7 Gas, Steam & Water HoJor Tuts Cat and Malleable Iron lit tints (Mack nttfl fralvanliwli. Valv. htup Cooks, Enrfne Triminicpa, rtam fiaupea, 11 pe Toujrs, fipe Cullers, Vioea. JScrew Ptr.U-saud Dlra, S"rtuche, Mam Trapa, rumps. Kitchen sinks, H a Belling, liabbli Metal. Solder, Whiie sud Colored AVipinr Wiule, and &U other bup pile usert in connection tih tias !?ieam wnd Water. Natural aa mippliee a epecialty. b t cam -b eating Apparatus for Public Pnildinir, store-rKm, tlll fcbop. Factories, lar.ndrien. Lumber Pry-honM. etc. Cut and Thn ad to order any alio WrouRht-lron Pipe from inch to 12 inches diameter. Knicbt&Jillson, 75 and 77 8. TENNSYLVAN IA S7 o'clock, and a recess was taken until 8 o'clock. MASS MEETING AT NIG LIT. ' Senator Stewart and IteprcstntatlYO Uryan Tnlk to a Larc Audlencn. Chicago, Aug. 1. When tbe convention came together in tbe evening It was ainaea meeting and the big hall was paoked from floor to upper gallery with an audienco well-dressed and of a high order of intelligence. Senator Btewart. of Nevada, was the principal speaker, and he occupied tbe platform for an bonr aod a half, going over the silver question in legislation and diplomacy for a half century. He cited the bunging about of a bankers' panio in the United Matea, the demonetization of silver in India, and tbe call for a special session of Congress to repeal the Sherman act, as part and parcel ' of a coaapiraor. with England at its head. . The action vt Secretary Carlisle in refusing to tfarcba&e the usual amount of silver bullion in July was condemned as criminal. Director Preston, be said, would not buy because ho was acting under the direction of the money men of England. The cheering that followed the Senator's retirement from the stand contiuued for several moments. Congressman Bryan, of Nebraska, waa next introduced and spoke at length. "What did demonetization mean!" lie asked and several voices replied, "Ifevolu tion." "No. my friends." was the response, "not that. I believe that every evil has its remedy at the ballot box." Lond cheers.! Mr. llrran spoke upon the mihtthnt would follow tbn adoption of golden primary money. Tbe present sitnation appealed to every friend of humanity, no matter how much they differed on other questions. The country, the speaker de. clared. could stand on its own bottom and the time was near when Congress would losrislate for our people regardless of all others. The committee on resolutions of the bimetallic convention met at the Palmer House this evening, at 8 o'clock, and organized by making ex. Senator Keagan. of Te-xas. ehairtnan. and Robert Schilling, of Wisconsin, secretary. A sab-committee consisting of Senator Kearau. Congressman Dry an. ex-Congressman Itartiue of Nevada, Ignatius Donnelly of Minnesota, Gonre Wnshbnrn of Massachusetts. Thomas Patterson of Colorado, and Mr. Manning of Alabama, were selected to draft the resolutions and report to tho general committee at 9 o'clock to-morrow morning. It waa agreed to ignore all Questions with the exception of that of money, and to demand free coinage and the remonetization of silver. ; I'tfiiaton Imittir ll4cr1a. Wasiiinotox. Ang. 1. It is stated at tha PensionOMice tbat an inspection of the records show that dnring the mouths of January, t'ebruarv and March. lS'.W. tio Inst three months ot General Hanm'a administration of the Tension Jureau, 31.D3Sriginal pension certiticates were issued, of which 0,7(7 were certificates under tho general law and 25.151 certiticates nnder, the act of June 7, IKK), while fcr the moTtthu of April. May and Jnn, tbe first three months of Judge Lochren's administration of the Pension Ilureau. 17. C45originsl certitiratcs have been isxued, of which 5.551 were, noder tne general law and 11.541 under the act of Jnne27, lblK). Ioa" ly Vlrf. Kansas City. Aug. 1. Fire this evening destroyed the stockyards old norse and tuole market. Thirty-live horses, thirty sets of harness, six oattle cars and one carload of hay were consumed. The loss is 82U.OOO; insured. Boisk City, Ida., Aug. 1. A ti tire la raging intheciir. Tbe Central Hotel ii alreadr gone, and the Uames promise to destroy a lar?o amount of the city. Not Enough lie t tor. Kansas City Journal. Mr Cleveland mav be better than his party, but that fact doesn't f eeta to mspiro the country with confidence. sApollinaris ' THE GUEEN OF TABLE. WATERS." tnc'i'MApollinarisis the' customary drink vith prudent people." BRITISH MED, JOURNAL,

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