Jasper County Democrat, Volume 2, Number 51, Rensselaer, Jasper County, 24 March 1900 — IN GENERAL. [ARTICLE]

IN GENERAL.

Robert Bond has formed a new cabinet for Newfoundland. Fire destroyed the Academy of Music at Quebec, causing $50,009 loss. Charles Auburn, the stage manager, saved his wife and children with some difficulty. Secretary Long has cabled instructions to Admiral Watson, at Cavite, to send a warship to Taku, China, at the mouth of the Tieho river, to look after American missionary interests that are threatened, The Supreme Court of the United States rendered an opinion in the case of the Waters-Pierce Oil Company against the State of Texts, affirming the constitutionality of the anti-trust law of Texas. Passengers arrived from Costa Rica announced that President Iglesias, taking advantage of the threatened war with Nicaragua and the attempt of the Nicaraguans to precipitate a revolution in Costa Rica, has proclaimed himself dictator and has declared martial law. At Wiarton, Ont., George McAllister assaulted his wife. She retaliated, threw him on to a sleigh, bound him with ropes and drove him to the magistrate’s house, where she asked that he be tried for assault. The magistrate was away, and she drove to the police -station and turned him over to the police. The Standard Oil Company recently disbursed $23,000,000 in dividends. The directors declared a few weeks ago the regular quarterly dividend of 3 per cent on the $100,000,000 common stock and 20 per cent in an extra cash dividend.This probably is the largest cash disbursement ever made at any one time on the stock of a single corporation. R. G. Dun & Co.’s weekly review of trade says: “The new monetary act, which was signed and took effect on Wednesday, has not affected business perceptibly as yet. Designed as a barrier against future harm, it was by some expected to have immediate influence through provisions regarding bank circulation. While $2,100,000 will be added to New York circulation, the Increase thus far indicated will be mainly interior, affecting the chief monetary centers only by lessening reliance upon them when more currency is wanted. Sales of wooj have bgen only 7,323,500 pounds in two weeks. Prices of leading goods have not declined, but others, both plain and fancy, are somewhat Weaker. Failures for the week have been 198 in the United States against 189 last year, and 28 in Canada, against 30 last year.”