Rensselaer Republican, Volume 25, Number 51, Rensselaer, Jasper County, 17 August 1893 — THE NEWS OF THE WEEK [ARTICLE]

THE NEWS OF THE WEEK

Money brought 4 per cent, premium readily on Wall Street, Friday. President Cleveland was hung and burned in cfligy at Golden, Cold., Thursday. Mr. Cleveland left Washington for Buzzard’s Bay, Friday, and will probably remain there until Sept. 1. Henry Irving and Ellen Terry and their, theatrical troup arrived at Quebec, Monday, for an American tour. Silver advanced in New York and London, Wednesday. A large amount of gold was received at New York from Europe. The Ohio Republicans will open their campaign at Akron, September 12. Gov. McKinley will make the principal speech, A movement is now under way looking to the continuance for another year of several of the departments of the World's Fair. Mrs. Nellie Grant Sartoris arrived at New York, Saturday, and will visit the World’s Fair in company with her moth- . er, Mrs. U. S. Grant. The trooops hr the Indian Territory are about to move into the Cherokee Strip to eject “sooners,” which is taken to mean that the strip will soon be opened. The Government report .on the cotton crops shows the lowest average for August ever known. The conditions throughout the cotton belt are very unfavorable. The four-year-old son of P. E. Fentress wandered away from his homo at Jackson, Mich., and later his naked, dead body was found in a small stream. He had “gone swimming” all alone. Dr. Herman Mynter, of Buffalo, believes he has Sophocles’ skull. It was dug up near Dekelsia, Greece, by the doctor’s brother, who is general director of the royal possessions of Greece. Armour & Co, of Chicago, Wednesday, liought 1500,000 in gold in Europe. The order was sent by cable to London. Mr. Armour said he bought the gold because he needed it in his business and not especially for the benefit of the public. The Swedish building at Jackson Park has been tendered to the Chief of Foreign Department by Artur Lefler, Royal Commissioner, as a free gift, the same to remain as a permanent structure, provided that such parts of it as have been built by private parties be paid for at actual cost of material at the place of manufacture, which will be about 13,000. Three men were fatally hurt on an improvised “toboggan” at Pike’s Peak, Monday. The contrivance called a “toboggan” consisted of a board nailed to groove or trough, and was used to slide down one of the rails of the cog railway. The board got beyond the control of the riders and they were thrown a distance of seventyfive feet, landing on jagged rocks. They were terribly mangled and will probably die. 4The national banks of New York, Wednesday, decided to Increase the rates on call loans of recent dates to 12 per cent per annum, and on those of long standing to 10 per cent. The action is explained by the President of the Fourth National, who says that interior banks have piled up the money borrowed on call loans or have loaned it out at extortionate rates, and the banks of the metropolis hope to bring bacx the money to New York by this action. FOREIGN. Cholera is spreading in Roumr.nia and Galicia. Several cases have been reported in Lemberg, the capital of Galicia. The Italian government has decided to forbid all pilgrimages to Rome In the event of cholera continuing to spread. The British wheat crop is now estimated at 7,000,000 quarters. This leaves 21,000.000 quarters to be imported. Deducting the stock left over from 1892, there will be needed 19,000,000 quarters. Two hundred and fifty French sharpshooters and marines arc en route to Chantibun, the town near the Gulf of Slam, which the French are to occupy temporarily in accordance with the terms of the supplementary ultimatum recently accepted by the Siamese government. A dispatch from Buenos Ayres states that General Costa, Governor of the prov•nce of Buenos Ayres, who? was besieged hy the radical forces, has resigned his office and fled to Montevideo, in Uruguay. The dispatch adds that the other provinces are quiet and the rcvolntion is ended, the radicals having attained their object. The suspension of silver coinage in India was under discussion in the House of Commons, Tuesday. Henry Chaplin scored the government for its action. He claimed that the decline in value of silver bullion had been caused by that action. A more flagrant act of public plunder had never been perpetrated. It had disastrously affected the financial situation of the whole world. A further fall In the price of silver would follow the repeal of the Sherman law by the American Congress. Sir William Vernon Harcourt denied the statements of Mr. Chaplin. Mr. Balfour said the government had committed a great financial crime.