Rensselaer Republican, Volume 25, Number 50, Rensselaer, Jasper County, 10 August 1893 — Page 7

THE NEWS OF THE WEEK

There is great scarcity of bank notes and greenbacks at New York. Vice-President Stevenson left Portland, Oregon, for the East op the 31st. - George Labus, a Youngstown, 0., boy, was poisoned to death by a bee-sting. Louisville Women may smoko on the streets, according to the decision of a judge in that city. Nine people were drowned by the sinking of a pleasure yacht on Lake George, Thursday evening. The vessel collided with a sunken pier. Statistics show that seven million per sons hayepaid their way into the World's Fair since it opened. Gen. Wm. Innes, well known in Masonic and G. A. R. circles, died at Grand Rapids, Mich.. WgiSeSpSyT’^^ Donald McNaughton, World's Fair executive commissioner for New York, died at Chicago, Monday night. Ex-Vice-President Morton's flne new barn near Rhiuebeck, N. y„, burned, Wednesday, Loss over ? 100,000, ' Ashland, Wls., is entirely surrounded by forest fire 9 and is in danger of destruction unless heavy rain should fall soon. The extensive shops of thc'New York «fc Erie road at Susquehanna, Pa., arc running but twenty-four hours per week. A Pacific express wagdn was held up in the streets of Wichita. Kansas, on the night of the 31st, and robbed of 17,500. It is claimed by thoso who ought to know, that Holman will be continued at the head of the Appropriation committee. It is believed th® decision of the Behring Sea Tribunal will be adverse to the United States in the most important particulars. Felix Poole, a notorious character, was lynched in Ohio county, Kentucky*, for an ' assault committed oh Miss York, aged thirteen, a month ago. The attendance at the World’s Fair Sunday was only 18,637. The total attendance to and Including July 31 was 6,537,427 paid admissions.

Owing tb a family * quarrel, a funeral procession was stopped by police authorities in Findley, 0., and the.body will be held pending a settlement. Sharpers have secured nearly a million dollars from eastern bankers, on forged grain certificates, operating in the name of the Northern Pacific Elevator Co. Col. Chas. H. Jones, formerly editor of the St. Louis Republic, has assumed supreme control of the New York World; ar the personal crepresentative of Mr. Pulitzer. The International Brotherhood of Boilermakers and Shipbuilders have given fourteen days’ notice that eight hours is to constitute a day’s work. This means a lockout. -'■ ~ ~ . .. Two negroes, guilty of an assault on a white woman, were lynched at Gaston, J 3. C., Sunday. The punishment motea out was first, whipping until unconscious and until the flesh was bruised and bleeding, and tben hanging them. An old negress, of New York City, has been preparing a lotion to turn colored girls white, which she sells to dusky damsels for $5. The preparation causes the dark skin to fall off and it is temporarily replaced by it white cuticle. Bogus railroad tickets are in circulation at Chicago, St. Louis and other western points. They were printed by Weed, Parsons & Co., at Albany, N. Y. One man has been arrested at St. Louis and the detectives are shadowing his confederates.

Chicago is threatened with another crank. A “Professor” Tyndall started from Denver, Wednesday, and proposes to be buried in the World’s Fair grounds for thirty days, at the end of which time he promises to emerge from his temporary tomb aHtve and well. William Monemacher. a farmer living near Antigo, Wis., murdered his wife and three children on the 31st, and then unsuccessfully attempted to kill himself. Ho confessed to the crime, and gave as the incentive that the crops! wora poor and he found that his family would starve. Judge Stfein, In the Superior Court at Chicago, Wednesday, fined a number of World’s Fair officials for closing the gates on Sunday, July 83, after having obtained an injunction permitting the opening of the Fair on Sundays. The officers were held to be in contempt of court by such proceedings. For the first time since the passage of the Sherman silver law the Secretary last month failed to buy the full quota of 4,500,0t0 ounces of silver. The total purchase for the month, 2,384.000 ounces, leaving p. shortage of 2,116,000 ounces. The amount purchased Monday, was 216,oCO ounces at the counter figure of 1.7030 per ounce. According to the schedule of Foster & Co.-s Fostoria Hank, Charles Foster, exGovernor, ex-Congressman and ex-Secre-tary of the Treasury, who was President of tho bahk. overdrew his account $136,- ( 321.92. Various other officers and attaches also overdrew their accounts for largo sums. The liabilities are placed at 1206.344.95; assets 188.392.60. Pension Commissioner Lockren has written a lengthy letter to the editor of the National Tribune in which he defends his action in many cases that have caused great dissatisfaction. Ho asserts that the board of revision appointed to re-examine cases suspected to be fraudulent is composed of some of the ablest and most experienced men in the bureau. Nono of the pensions in these cases are suspended Until after condemnation by this board. The grand jury Investigating the cold storage fire at Chicago, received /testimony, Thursday, implicating 150 persons in a conspiracy to rob the building. Systematic plunder had been conducted for some time, and the witness testified that the fire was started to cover up the evidences of the enormous steal that could not otherwise be longer concealed. Employes of the Fair and residents along Stony Island avenue are Implicated. The . grand jury have the names.

FOREIGN.

Cholera is growing more virulent in Russia. J .. > The government of Siam has conceded everything asked for by France. Austrian and Italian laborers in Colorado are leaving for their native land In great numbers. Two hundred members of '(he House of Commons, Monday night, abjectly apologfzed for their recent scrimmage. The town of Blrsk, Russia, has *been visited by a most disastrous conflagration, One hundred and aizhtv houses were

bunted. .Seven persons were killed and a large number injured. Among the buildings destroyed were the City Hall and the Catholic church. Information comes of a serious battle is the interior of Nicaragua. More than a thousand of the participants were killed. A terrific explosion occurred, Thursday, on the German ironclad Baden, at Kiel. Some of the men had just removed a grenade, measuring 26 centimes in diameter, from the magazine. Through some cause. not.yet explained, the grenade exploded, killing or wounding nearly every person on duty. Licuts- Oelsener and Zembsch and seven seamen were killed, their bodies being horribly mangled,while seventeen were wounded, many of whom will die. The vessel was wrecked. The Baden is a vessel of 5,600 tons, mounts eight guns and her armor is ten inches —

RAJAH OF DAPURTHALIA

- ; From India's Coral Strand Now at tli* White City, -=* One of India's potentates, the Maharajah of Kapurthalia, reached Chicago. Thursday. Accompanied by one of his wives and his retinue he registered at the

Hotel Wlndcmcre, Lexington avenue and Fifty-sixth street, where sumptuous apartmepts had been reserved for them. The Maharajah has come to sec the Fair, and will stay until he has “done” the exhibition thoroughly.

ON THE MIDWAY.

Geo. Francis Train and HU ‘Wheels" Arrive. “Ci tizen” George-Francis Train arrived at Chicago, Thursday. He .says he was drawn to the Fair by “irresistible psychic force.” He will, to use his own language. “Save Chicago—save the Fair—save the Republic—save the world.” His plans are voluminous and amusing. He figures that there are 14,000,000 school children and 400,000 teachers in the country, and he proposes to compel the railroads to haul then; to Chicago cheaper than hogs. Children are to be admitted to tne Fair free and they will naturally attract the old people who will have to pay, and thereby make the Fair a success. Ho would have Mayor Harrison and the Board of Education teach the children in sections. He favors Sunday opening and says if the churches oppose him in the matter he will tax their property. He would hang all Sunday closers to a lamp post jn the Midway, and imagines that he_ has “the force of a lion, a grizzly bear and a Bengal tiger all rolled together,’* that would enable him to enforce and work out his ideas.-

FATHER AND SON.

In Adversity They Are Not Divided. Tipton county is still all excitement over the conspiracy to rescue the defaulting deputy treasurer, Calvin Armstrong, from the jail. Watson Pitzer and Joseph Pressler, the two young men arrested in connection with the attempted delivery, made a statement to the officers, late Wednesday night, implicating Treasurer James K. Armstrong in the .plot to release his son Ccph Good knight, a hostler, was arrested but was released after making a statement which clears him. James K. Armstrong has been placed in jail to keep company with his son and is charged with plotting the release of a prisoner. He was the leader in the conspiracy, furnished the money and had made arrangements for alt concerned in the affair to leave-the country. Other sensational developments are expected.

OTHER FAILURES.

Bank failures reported on the 31: First National, Ashland, >VJs. Akron Savings, Akron, O. First National, East Portland, Ore. N. M. Crane & Co., Cedar Rapids, la. First National Dalles, Ore. Pendleton Savings, Pendleton, Ore. Hatfield & Son, Ossian, Ind. A Daniels & Co., Cedar Rapids, lowa. Among the business failures reported on the Ist were the following: M. J. Moriarty, Cleveland, 0.. furniture, $50,000; Lyon & Hurlbert,' Chicago, grain mar gins; Chapman Bros.. Chicago, publishers and restauranteurs; Morse, Mitchell & Co. and F. E. Morse & Sons, Chicago clocks, etc.; Monitor Manufacturing Co., Auburn, Ind., windmills; M. A. Cbesraan, Helena, Mont., real estate; F. A. Coring <fe Co., Boston. leather. Lazarus Silverman, the well-known Chicago \>anVer. suspended Thursday. Liabilities assets in excess of that amount. The German National of St. Paul, Minn., failed, Friday. The People’s Bank, of the same city, also suspended. The failures are not regarded as Important. James H. Walker <fc Co., of Chicago, general dry goods dealers, placed their business in the hands of a receiver, Friday. The First National Bank of Hammond, Ind., failed, Friday. Capital, only 950,000 The Citizen’s National Bank of Mancie, closed its doors, Friday. The business men of the city representing over sl,ooo,on’ issued a card guaranteeing the payment of ail deposits in the Citizens, Farmers, Merchants' and Delaware eounty banks.

THE GOLD RESERVE.

the first limb Vince April 20 the gold reserve in the U. & Treasury Is above the limit prescribed, 9100,000.0)0, and then was, Aug. 2, a surplus of free gold to the amount of 9701,370.

INDIANA STATE NEWS.

Gibson county taxablcs are $13,719 365. Kurtz will soon dedicate a new Masonic hall. ( The New Albany hosiery milTisfamring full time. Ailthe secret societies have lodges in Terre Haute. There were two more prize fights at Roby, Monday night. Senator Turpie i| seriously il! at his home in Indianapolis, Cloverdale was visited by a most destructive tire, Tuesday morning. Six horses were cremated by a barn burning in Laportc county on the 31st. A hairless calf and spotted like a leopard was born recently in Floyd county. Thei. O. O. F. of Carroll county will hold a reunion at Flora on the 17th inSt: ' Rev. Hayden Rayburn, of KekemOriSalleged to have solemnized 1162 marriages. An old settlers’meeting will be held in the old grove at Eagletown, Saturday, Au gust 12. Vl-PKoh township, Jackson county, reports the largest and best hay cron in its history. Mayor Hammond, of Hammond, after five years’ consecutive service, has resigned. The drought throughout the State is likely to make a short crop of corn and potatoes. JohnDonhost, of Seymour, has 20,003 growing cabbage plants and 10,000 sweet potatoes. The wheat crop of L. M. Rogers, near New Haven, averaged over thirty bnshels to the acre. The State Institution for the Blind at Indianapolis was dameged $1,500 by fire, Wednesday. Work on the gas belt electric was begun at a point one mile south of NoblesVille, Tuesday. Miss Emma Linsey, sixteen years old,of Jeffersonville. was suddenly stricken both blind and dumb. Manufacturing interests are looking up at Richmond. Several of the factories are running fail time. Charles Haney, of Haubstadt, while intoxicated, laid down on the railroad track to sleep, and was killed. C. W, Depauw, of New Albany, has mortgaged all of his interests in his father’s estate to secure his creditors. The Bank of Commerce, of Indianppolis, will resume business, the directors so deciding at a meeting held, Wednesday. Chas. Cooprider, who killed Thomas Kress, near Middlebury, surrendered to Sheriff Ringo, at Clay City, Monday evening. Henry Butts, one of the oldest residents of Evansville, was seized by highwaymen ;oßft crowded street in broad daylight and robbed of $26. 6 George Dodson, of Brown county. Subject to epileptic attacks, was fatally burned by falling into a log heap while suffering from an attack. 6 An oak tree seventy-six feet in diameter and measuring forty-six feet to the first limb was cut on the farm of Henry Zollman, near Seymour, Wednesday. Edward Hawkins, of Indianapolis, has been appointed receiver for Haughey’s Indianapolis Natio'nal Bank, on the recommendation of Congressman Bynum. 5 The Laporte Star says that J. L. Cook, of Chesterton, who is possessed of ample means, is threatened with six breach of promise suits by as many-young ladies. 5 Mrs. Morgan Lee, near Washington, refused shelter to a tramp because her husband was absent, and In revenge the seoundrel burned the barn and contents. Carrie Pcrkhiser, eighteen years old, near Corydon, while snapping a revolver which she supposed to bo unloaded, shot and killed Katie Eckert, nine years old. '. A special election will be held in Mor-

gan county on the 22d inst. on the proposition to appropriate $50,000 in aid of the proposed Martlnsville-Indianapolis electric line. The Eagle Machine Works, Indianapolis, one of the best known manufacturing firms in the state, went into the hands of a receiver on the Ist., on petition of a heavy debtor. Cal. Graves, of Washington township, Boone county, will feed his wheat to his hogs rather than sell it at prevailing prices. lie has 1,000 bushels, old and new, stored in his barn. The councilm&nic ticket recently nominated at Tndianapelis by the Democrats, has been withdrawn because of fraud in the counting of the votes. Another convention will be held. The first telegraph instrument put In operation at Frankfort was by the Vandalia road twenty-one years ago. H. Beaver was then appointed operator of the Vandalia at that point,and still holds (he position. The young lady clerks of a certain dry goods store are greatly incensed at the condnct of a male companion who invited the crowd in for ice cream aud then took a hnrried departure through a rear door. —South Bend Times. Mrs. Rebecca White, widow, near Dag*, gett, has $20,000 cash and is her own banker, never having deposited a dollar. She keeps the money loaned to her neighbors on personal surety, taking no mortgages. She has never lost a dollar. While the Rhoads brothers were thrashing wheat on Levi Burton’s farm, in Harrison township, Cass county, the engine set fire to a load of unthrashed wheat, and two horses and two males wore burned in the general flames. Loss, $1,500. A relative, under the supposition that it was not loaded, pointed a gun at Joel Coats, near Winchester, and pulled the trigger, 'the bullet entered Mr. Coat’s mouth splitting his tongue and lodging in the base of the skull. He cannot recover. The Commercial bank of Colfax has gene into liquidation, giving its depositors notice to come and get their money. It will entirely close out tfyo business. Depositors are being paid in full. The present stringency in money matters is the cause of the discontinuance. A preacher in Noble county is very much disliked because he made the statement that God created the earth in sixty days, and then rqpted. Later He made man. and again rusted. Then He made woman, since which time neither God nor man has had a rest. While Wflllam Smothers, of Jeffersonville, was attending the funeral of his son, and was kneeling beside hlg bier in ■ tlie cemetery, Qqdjfgc HaH' picked his pocket, securing a gold watch grrd chain. Mr. Smothers missed'his watch, and upon giving the alarm suspicion fell upon

Hall. and he wamzrrested. The property I was found in his possession. 1 The Indiana Associatton of Spiritualists. I in session at Chesterfield, elected J. W. Westerfield, president; Mrs. Colby Luther, of Crown Point, vice-president; Miss Flora Hardin, of Anderson, secretary, and L. v. Smith, of Indianapolis, treasurer. Reports show 1 membership of 20,000 in the State. A conspiracy to release Deputy Treasurer Cal Armstrong from the Tipton jail was discovered, Tuesday, in time to prevent his escape; All the conspirators escaped at the time except one. a son of Dr. Pitzer. Wednesday. Joseph Pressler was arrestod as an accessory Armstrong will be removed to Kokomo for safe keeping ■- _• : __

Tuesday morning a gang of Dagos were paid off in Richmond. People often wonder why these -reatures are called by numbers instead of their names. Here is a splendid illustration that should be selfexplanatory: One of the men who was jMddoff-was No. 27. His name is Joseph Mouscharetrchcawa. P. B. o‘Rcllley, after twenty-pine years’ service as deputy County Clerk of Vigo county, twenty-two years of which were served continuously, has retired because of political changes. He had charge of the Criminal and Probate. Court records. A few weeks ago himself and wife celebrated their golden wedding. Mr. O’Reilly is a Republican. Isaiah Jay, of New Castle, formerly a member of the Friend’s church was caught in the act of taking a ten dollar bill from the safe of a grocery store. He was accused of previous thefts amounting to $l4O and confessed and repaid the amount. Mr. Jay don’t know why he stole the money. Ho is a man of good character, and well-to-do. A postmaster in one of the little towns not far from Ladoga is giving universal dissatisfaction, and many of the patrons of the office are having their mail changed to another offica not far distant. It is claimed that the postmaster is so ignorant that he told his assistant to give all uncalled for letters to the needy poor who never get any mail.—Ladoga Leader. Tramps took possession of a freight train on the Ft-. Wayne road at Liverpool, locking the conductor and a brakeman in the caboose. Near Wheeier there was a fight, in which one of the tramps was fatally wounded, and .others were injured. A telegram warned the Valparaiso police, and near that point the train was met by a posse, and seven of the combatants were arrested. Michael Lcvcnduski, near Otis, went to church last Sunday, accompanied by one of his eleven children. He invited his wife to go along, but she declined beoause of the pressure of house work. Mr. Levenduski did not return until evening, when he found his wife and five younger children missing. Mrs. Levenduski took unusual pains in making the house attractive: toefore her departure. ~ The husband is unable to account for her flight. Dr. H, W. Rupright, veterinary surgeon of Ligonier, attempted to reduce chlorate of pottassium so that it could be used in his practice, using a small iron mill which he had for that purpose. In some way there was an explosion, tearing the mill to pieces and badly lacerating Dr. Rupright from head to feet. The surgeons spent several* hours in extracting fragmente of iron from his body, a few of which were as large as a small walnut. It is feared he is blinded in both eyes. Captain Fritts, chief of the special examination division of the Pension Office, is turning his attention to Indiana. The State is pretty fairly stocked with special examiners at present and more will be sent out soon to mako inquiry into operations of the act of 1890 on the Iloosiei pensioners. Examiners are stationed at the following points; Two at Indianapolis. and one at each of the .following places: Terre Haute, Vincennes, Gosport. New Albany, Evansville, Lafayette, Ft. Wayne, Muncie and Kokomo. A monster flowing well in Tipton county is exciting people for miles around. The

well is an old gas well which had been abandoned, and the owners, the Lafayette Natural Gas Company, gave a contract to have the easing pulled. When the casing was partially removed the water boiled up, and the pressure together with the remnant of gas in the well, threw the stream about eighty feet in the air. An effort was made to confine the water, but so far it has been futile, and it is spraying up to a height of fifty feet out of a four-inch hole. Robert Hewitt, proprietor of a drug store at Mt. Summit, was accused of selling intoxicants, and the populace roseen masse and ordered him out He obeyed, retiring to a farm a short distance away. The populace also accused Wm. L. Brown of selling intoxicants, but he showed fight, in which he wassupported by A. J. Ice. owner of the building of which he was lessee. Mr. Ice placed a guard over his property. The village continues greatly excited over the matter, and threats are made that if the grand jury does nothing at the September term other agencies will bo brought into play. The flowing well at Groomsvilic continues to be a source of wonder. When the casing was pulled from the old . gas well the water immediately shot upward to a height of seventy or eighty feet, a distance which has been maintained to the present ITme. A cornfield of ton acres is completely covered with water to a depth of from six Inches to two feet; Other parts of the surrounding country are covered, but to a less depth. The general theory thereabouts is that there is gas behind it and perhaps mixed with it to some extent, that throws the water out tp such a great height. It seems to be impossible thus far to confine the flow, and if it continues to run it may I** necessary to dig a ditch from the well as an outlet. Xhe well is a mystery. _ Patents were. Tuesday, issued to In-’ diana inventors as follows: O. Darnell, assignor of one-half to E. F. Harris and C. A. Bookwalter, "Indianapolis, wooden lathing- T. C. Greene, Liberty, assignor of one-half toC. F. Cleveland. Indianapolis, wire stretcher; E. L. Hiatt, Dublin, folding handle for dustpans; O. G. Klugel, Indianapolis, coin controlled dice shaking machine; C. A. Krutch, Logansport, hair crimper; G. A. Lake, Stockwell, cotuojnation step ladder; C. W. Patton, QhkxFalU, car coupling. D. M. Schaffer. New Cas- • tie. assignor to Charles Tux, Greane A Co.. Chicago, veterinary forceps; W. N. Springer. Kortviile,., threshing machine, (y. W; Wear: Elkhart, sir veto for oil can: J. L. Wood. Fort Wayne: rhfibrflhlT’J [ .' , A. Wright. Indianapolis, bicycle tire.

FREE SILVERITES COUNCIL

Large Gathering of White Metal Advocates. -pr|| rhe Proceedings—BmilnßwuSom« of the Prominent Mon In ___ _ =4 -j-s Tf* • —t" The national convention of the Bimetallic League met at IQ o’clock, Aug. 1, to Chicago,with a larger attendance than an? previous assembly of like character in the history of fii\ancial agitation. Among the prominent men in attendance are Gen. A. J. Warmer of Ohio, Congressmen Bryan of Nebraska, Bartine oflowa, Gov. Waite of Colorado, Senators Stewart of Nevada, Mantle of Montana, Shoup and Dubois of Idaho, Gov. Kolbe of Alabama, T. M. Patterson, of Colorado, Editor Goodwin,

GOVERNOR WAITE, OF COLORADO.

of Utah, H. G. Taubeneck, and a long list of well known people. The convention was called to order by Chairman Warner. Mayor Carter H. Harrison made an address of welcome, strongly .endorsing the purposes of the convention, which was responded toby T. M. Patterson. Allen W. Thurman, of Ohio, was elected chairman and delivered the following address: Mr. Chairman and Gentlemen of the Convention—The fight between those whef believe that the circulating medium of this country should be hard monqy—that is, real money, gold and silver, ana paper redeemable in the same —and those who believe in the use of soft money—that is, paper promises to pay—money redeemable In other promises to pay—is on. The late demand in the East to nave the Government issue bonds, and the cry that is now made for the unconditional repeal of the Sherman law. charging it, regardless of facts, with all the ills that flesh Is heir to, ought to make this perfectly apparent to every thinking man, for should the Sherman law be repealed without substituting anything in lieu thereof, it means the final destruction of silver money as a measure of value, and no mast can tel) when it will ever be again restored to its former place. No matter what may be said of the contrary, this means for years and years to come, its reduction to token money, after which the issue resolves itself down simply to the question whether the paper money of the country is to be issued by banking corporations upon the debts of the people, or upon other kinds of corporate securities, or whether it is to rest on the broad and safe basis of gold and silver.

This is so, because gold alone certainly cannot afford a sufficient basis upon which ihe amount of circulation medium required by the people of this country, can safely rest. If this is not so.why is it that we see this tremendous scramble for the yellow metal? If there is not oaly a*ufticient amount of gold with which to carry on the worlirs commerce, but also a sufficient amount upon which the credits of the world can safely rest, why is it that whenever any of it, to any amount, begins to flow from one country to another—that is, simply obeys the natural laws of trade —we immediately hear cries of distress? Yet, every one knows that we do, and to regain ft exhorbitant premiums are paid for it. If things are as they should be, why is there any danger because a certain amount of metallic money leaves the country? Wo do not give it away, uo we? On the contrary, do not those who take it give value received for it? And is not this what money is used for? If this be true, and I defy any one to prove to the contrary, why,..then, is It dangerous to use it, and more, wjiy ls.it particularly dangerous-to use it out of the United States, if, by so doing,we can obtain more in exchange for it than we could If we only exchanged it among ourselves? , Money in this sense is simply an exchangeable commodity, just like any other commodity, and if it is advantageous at some time to exchange our commodities with people other than ourselves, why it is not so with this one? When things are in a normal condition, no harm can follow, but when they are not normal, when the basis upon which things rest is not an ample one. then it will prove dangerous to have any of this basis taken away. But this proves nothing other than under such conditions it is dangerous to use money in the way in which it was intended to be used, and when you can not use things in this wav, something is decidedly wrong. That is the condition existing to-day, I - most firmly believe, and therefore, If onr circulating medium is to rest upon gold alone, practically tfee whole of it will be based simply upon faith, and faith means fiat money. At the close of Mr. Thurman’s remarks loud calls were made for Mr. PoWderly and in response the labor leader made a brief speech favoring free coinage at the rate of 16 to 1.

Ignatius Donnelly, of Minnesota, followed in a speech of an honr’s duration, in the course of which he indorsed the recent speech of Gov. Waite of Colorado. A mass meeting at night was addreseed by Senator Stewart and Congressman Bryan. At Wednesday morning’s session addresses were made by ex-Senator Hill and others. Senator Allen, of Nebraska, made a brief speech In which he pledged the i People’s party to the cause of silver. “I do not come here to talk politics,” he 6ald, “but I want to say that so far as the Populist party is represented in the United States Senate it will not be found wanting. [Applause.] Wfe may not understand the parliamentary maneuvering as well as some, but I tell you we will be in sight of the fox all the time. [Great laughter.] Our party is pledged now and all time for free cbinage of silver at a ratio of 16 to 1. Gov. Waite, of Colorado, after repeated calls, responded at great length in a very forcible speech. In concluding, he said: ’* vVho U Grover Cleveland and who Is Benjamin Harrison, and who are their supporters In Wall Street and Chicago, that they dare assume to drive into poverty.and exile hplf a million of American free men? There is no use crying peace when there is no peace. Most dangerous tyranny Is that enforced under the forms of law. Our weapons are arguments and ballots; a free ballot and a fair count. If ee money power shall attempt to susin its usurpation of our rights by strong Hods, as in other lands, we will meet

to the afternoon as fit lows: Whereas, Bimetafnm is as Snetont m human history, ns for more than thre* thousand yean gold and silver have come down (broogt the ages hand-in-hand, their relations to eaeh other having varied but a tow points fit ail that fast period ol time, and then almost to variably through legislation; and - Whereas, The two metals are named together, Indissolubly united; In the constitution of the United States as the money basis of this country; and « Whereas, Stiver, one of these ancient f metals, was in the year 1873 without any previous demand by any poiMcar'party, and by any part of the people, or even by any newspapers and without public discussion whatever, stricken down from fit# place it had occupied since the days ol Abraham and the Pharaohs; under circumstances of such secrecy that many Senators and Representatives, subsequently repeatedly and public!v declared - that they did not know until tong-after-ward that so grave and great a change had been made in the financial system founded by the fathers of the Republic; and Whereas, The debates in Congress show that the parentage of tho-measure was ip part ascribed by the friends of the bill to one Ernest Seyd, a London banker, who. It is claimed, was sent over to Washington by the moneyed classes of the Old World to secure its passage; and Whereas, President Grant, who signed the bill, declared that he did not know that it demonetized silver, and, Whereas, The purpose of this attack npori one of the two ancient precious metals of the world was, by striking down one-half of the money supply, to-wit, silver, to double the purchase power 01 the remainder, gold, by Braking irthe equivalent of everything possessed or produced by the labor of man, thus reducing the price of ail commodities, arresting enterprise impoverishing tne toller and degrading mankind; and, Whereas. The awfnl consequences thus prophesied are upon Abe people of the whole world, for we stand In the midst of unparalled distress and in the shadow of impending calamities which are beyond estimate. In the midst of these-conditions the daily press are clamoring for the repeal of the act of, 1890, called the Sherman act, although the repeal of that act means the stoppage of the issue of more than three million dollars of money every month, the shutting off of the supply of the funds for the business of tne country, to the midst of the terrible conditions which surround us, and ignoring the fact that to held the balance level between the debtor and creditor classes the supply of currency must increase side by siqe with the increase of popnlation and bbslness. and In this nation the growth of popnlation Is at the rate of about 33 per cent, every ten years, while the Increase of business Is much greater. . Therefore, in view of'all these facts, w* declare: 1. That there must be no compromise of this question. AU legislation demonetizing silver and restricting the coinage thereof must be immediately and completely repealed by an act restoring the coinage of the country to the conditions established by the soundness of the Nation. 2. We assert that the only remedy for pure metallic financial troubles is to open the mints of the Nation to gold and silver on the equal terms at the old ratio of sixteen of silver to one or gold. Whenever silver bullion can be exchanged at the mints for legal tender silver dollaftweyth one hundred cents that moment 412. X grains of standard silver will bo worth I<X> cents; and as commerce equalizes the price of all commodities throughout the world whenever H2H grains of the standard silver are worth 100 cents to the United States they will be worth that sum everywhere else and can not bo bought for less. 3. That while the “Sherman act’’ of July 14,1890, was a device of the enemy to prevent the restoration of- the ootnage, and is greatl? objectionable because it continues the practical exclusion of silver from the mints and reduces it from a money metal to a commercial commodity, nevertheless its repeal without the restoration of free coinage would stop the expansion of onr currency required by our growth in population and business, widen still farther tne distance between the two precious metals, thus making the return to bhnetalism more difficult 4. We assert that the unparalled calamities which now afflict the American people are not due to the so-called Sherman act of 1890, and in proof thereof we call attention to the fact that the samo evil conditions now prevail over all the gold standard world. We are convinced that, bad as is the state of affairs in this country, it would have been still worse but for the Sherman act. 5. That we would call the attention of the people to the fact that In the midst of all the troubles of the time the value of the national bond and the national legal tender money, whether made of gold, silver or paper, has not fallen a particle, and we denounce the attempt to nncondition • ally repeal the Shetman law as an attempt to secure gold monometalism in flagrant violation of the last national platform of all the political parties. A lenthy exposition of the ideas of the committee was also reported for the consideration of the convention and was inanimonsly adopted. After a number of speeches by Mr. Donnelly, Cyclone Davis, of Texas, and Congressman Bryan, the convention, on motion of Gen. Warner, adjourned sine die.

COMPTROLLER ECKELS TALKS.

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 Tuesday, shows that in July the circulation of national hanks was Increased $5,000,000. Controller Eckels was asked what was the significance of the increase, ”It is due,*’ he said, “In the first place to the low price of government bonds, which makes the issue of currency, even when restricted, to 90 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 $1.06, which Is quite a fall from the maximum figure which they have attained. Then the stringency of the money market makes it desirable that the circulating medium shall be increased as much as possible—national bank notes secured bv Government bonds are a very satisfactory currency.”

PANICKY PORK.

The Bottom Drops Oat—Cudahy Csnght. • i \ Mess pork, which has been “bulled” on the Chicago market since March, dropped from $19.35 to $10.50 In forty minntes,Tnes- ' dav, on the Cbfcago Board of Trade. The panic was precipitated by the failures of the North American Provision Company, in which “Jack'’ Cudahy was a partner, and the collapse of a number of smaller firms. Cudahy’s Estimated lotses for the blesvlH* IbejcoMtfucliw of , bl&tric having cre**R^ty»e.*f>?Ulf%i-