Semi-weekly Express, Terre Haute, Vigo County, 8 January 1897 — Page 6
•I
A GUEST OJf HONOR
&HBASSADOB BAYARD BANQUETED IN LONDON.
Dines With the Article Club, An AMOolatlon of Commercial Firms.
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'v London, January 6.—The Article Club, an association made up of the leading commercial firms of the country, representing an aggregated capital of 1,500,000,000 pounds, the agents general in London of the colonies the heads of the government departments, and many others interested in the commerce of the Empire gave a banquet tonight at the Hotel Cecil, the United States
Ambassador Mr. Bayard being the guest of the evening, 'fhe Earl of Jersey, president of the club, made a few remarks in eulogy of Mr. Bayard, and then Sir Robert G. W. Herbert, agent general in London for Tasmania, toasted the colonies which, he said, were greatly indebted to Mr. Bayard for the settlement of certain questions tending to the federation of the English speaking people.
Cardinal Vaughn, Archbishop of Westminster, proposed the toast to the "People of the United States," amid prolonged cheers. He said: "The United States and Great Britain have, a common mission of civilization and Britons have extended to their American cousins the hand of fellowship."
Cardinal Vaughan proceeded with words of praise for Mr. Bayard's tact and kindliness in the recent anxious period growing out of the Venezuelan dispute. The United States, he said, had often chosen worthy representatives in England, but never had a happier choice been made than that of Mr. Bayard. When Mr. Bayard arose to reply to this toast he received a tremendous ovation from those present. He said: *'I have sincerely tried to be faithful to my trust. We look upon you as our English oousin», and upon Canadians as our American half-brothers. There is nothing in the growth of Canada but what will awaken pride in a citizen of the United States. There is not, and there ought not to be, any just obstruction between the United States, Great Britain and Canada. There should be no divergence by sharp
phrases and insultsi that sting longer than injuries." Referring in his usual strain to the relations between England and the United States, Mr. Bayard closed by saying: "If I have evoked the displeasure of some because I have sought to preserve amity, I cannot say that I am very sorry. On the contrary, I am rather grateful for the distinction. It is in no spirit of defiance, but In a well considered spirit of gratitude that I reflect that I have been able to bring the hands and hearts of the two countries to^ gether. If that is my record, I shall carry ,lt away and keep it wherever I go."
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The guests all arose in their, places at
the conclusion of the Ambassador's speech, loudly cheering and waiving their handkerchiefs. It was the greatest ovation which has been tendered to Mr. Bayard during his service here. He was visibly affected and he almost broke down once or twice during
the course of his speech.
ROBERT LAUGHLIN'S FATE.
Companion of Jaclsson and Walling to Be Banged. Covington, Ky., Jan. 6—If Scott Jackson and Alonzo Walling have nerves like other men, this week Will be a trying one for them. A jail companion of theirs with whom both have formed an intimate acquaintance, will be hanged next Saturday for a shocking double murder. Officials about the Covington jail 'have speculated widely as to what the effect will be on Pearl Bryan's alleged murderers when this man l® taken away to the gallows.
Robert Laughlin will be hanged at BrookVille, Ky., Saturday, for the murder of his wife and l'tttlfe niece.' The crime, in all its gb/astly details, was one of the foulest in that section of the state. After Che governor had fixed the day of death for the murderer, he was brought to Covington and placed in the same corridor of. the county jail with Jackson and Walling. The three men have been together for weeks, and it is not improbable that they may have exchanged confidences to a certain extent. From the fact of this companionship, it is thought that Jackson and Walling will be depressed when Laughlin is taken away to be hanged.
The bangin'g oif Laughlin is to be made an Dbject lesson for. Sheriff Plummer of Newport, who has been growing more or less nervous about the execution of his two famous prisoners, as their final day approaches. The sheriff will be among those who will go to Bracken county Saturday to see Laughlin sent to eternity. There he will make a study of all the arrangements for a legal hanging in Kentucky—'the inclosure provided by law In which the execution must take place, the manner in which the scaffold is erected'and the work of the Sheriff.
Although every one concedes that the last ray of hope is gone, and that Jackson and Walling will be hanged, no outward preparations have yet been made in Newport for the hanging. Sheriff Plummer said, when he was asked about the matter: "I do not want to be in a hurry. It would certainly be improper for me to take any steps until the governor has fixed the day on which the men must die."
This much, however, has been decided. The execution will not take place In the lail yard at Newport, which is a small, dirty piece of ground, surrounded by a^high board fence, topped with barbed wires. Instead it has been decided to ereot the scaffold in the old Newport market house, which stands on the rear of the court house square, only a stone's throw from the court housed where the two trials were held.
By having the execution at this place the county officials think that a great measure of publicity may be avoided. Within the brick walls of the old market house the scene of death will be screened from the eyes of the curious, while, if the execution took place In the jail yard, the court house itself would form a vantage point for hundreds to secure a bird's-eye view of the whole proceeding. As it is, it will probably be impossible to keep a great crowd off the court house square. It will take scores of special deputies to keep back the crowd that will come from three States, in all likelihood, to see the execution.
At least two months will yet pass before the hanging of the men, and it is possible that the (Jelay will be even longer. The Court of Appeals of this State has granted until Saturday for the hearing of argument for a reopening of the cases. This is considered a formality, and by the middle of the month both cases will be in the hands »f Governor Bradley.
It will not be strange if the Governor makes public his decision announcing the day of death almost upon the anniversary of Pearl Bryan's murder. In Kentucky it Is customary for the Governor to fix the fleath sentence thirty days before the execution. This would bring the day of hang
Ing early in March, perhaps a little later. It is stated here that Jackson's mother. ilmost penniless because of the defense of her son, will make a visit to Governor Bradley at the State House, in Frankfort, to make a final appeal for her boy's life. Bradley is a tender-hearted man, but a man of firmness, one who would not le •Ten mother's pleadings stand in the road
to the performance of his duty as he might see it. Jackson and Walling have been much let alone by the ministers of this city and of Cincinnati and Newport. When they were first arrested, Jackson sent for Secretary Tibbetts, of the Young Men's Christian Association, of Cincinnati, and for a few days he seemed inclined to find comfort in the words of the Bible. But since then neither prisoner, has shown religious feeling. Oaths have been more common than prayer. The Rev. J. A. Lee, of the Third Baptist Church, of this city, broke the rule this week by going to see Jackson and Walling. The prisoners seemed rather pleased by the visit from a clergyman, and the three talked "earnestly together for some time. "Mother" Lawrence, a local character, who has visited the jails fot years, singing and praying with penitent prisoners, soon ceased to make visits to the two murderers. When she was asked about the matter, she said: "It is no use they are too bad."
Both
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JACKSON DAY CELEBRATION.
Factions of Chicago Democracy Will Celebrate. Chicago, Jan. 6.—The two wings of the Democratic party will have their first battle since November 3d in celebrating Jackson's Day, when each side will hold banquets and atttempt to invoke the spirit of Old Hickory to its aid. Much expectation centers around the appeparance of William J. Bryan., who is expected ^discuss President Cleveland's message in respect to the money question. The Democratic factions here will have two rival banquets.
The Bryan League of Cook county were going to celebrate the day on the 8th, but as the gold Democrats picked out that day for their banquet, the Bryanites have takr en the 7th. Among the speakers will be Governors Altgeld, Stone and Matthews, United States Senator Allen, Nebraska Lee Mantle, Montana White, California Blackburn, Kentucky James K. Jones, Arkansas Butler, North Carolina Gannon, Utah Dubois, Idaho, and Teller, Colorado Vice President Stevenson and many other prominent advocates of the white metal. The silver men's spread, will be at the Tremont House. Mr. Bryan has acccepted an invitation, and parlors have been set apart for his use. It is expected he wllll urge the friends of silver to keep up the fight.
The folllowing day the gold Democrats of the Middle states
Willi
have their banquet
in the Auditorium Hotel. Henry W&tterson wllll be the principal speaker. The states represented will be Missouri, Illinois, Ohio, Minnnesota, Kentucky, Wisconsin, Indiana, Ohio, Nebraska and Michigan. Each Willi have four or five speakers. The committee having the banquet in charge is composed of Adam A. Goodrich, fcharlesi H. Wacker, Franklin MacVeagh, George E. Gooch, Paul O. Stensland, John P. Hopkins, Henry S. Robbins and Charles F. Gunther.
In Washington, D. C., the Jackson Democratic Asssociation will give a banquet, and have invited William' J. Bryan to be present, but as he is to be at Chicago the day before, it is scarcely likely that he will make one of his famous campaign oratorical jumps even to doubly honor the memory ofi"01d Hickory." In New York, Philadelphia and other cities where there are Jackson clubs or societies, the anniversary will be celebrated with eating and speeches.
Jackson Day is celebrated on the anniversary of General Jackson's victory over the British at New Orleans, January 8, 1815. General Packenham had 10,000 disciplined men against General Jackson's 5,000. But these latter were intrenched behind breastworks of cotton bales, and all were marksmen of the first order, trained in frontier practice with the rifle. The British, with magnificent courage, marched up to the very parapets, losing both Genjeral Gibbs and General Packenham. The 'slaughter was so great that the British retreated, having lost 700 killed, 1,400 wounded and 500 prisoners. The American loss was only eight killed and thirteen wounded. This was the greatest victory won by the Americans in the war of 1812.
ADMIRERS OF JESSE JAMES.
Two Young- Criminals Make a Remarkable Coufession. New Orleans, Jan. 6.—Ernest and Alex Blanc, two young Frenchmen now here in jail to avoid threatened lynching in Lafayette parish, have confessed to the murder of a storekeeper named Martin Bignaud,-at Scott, on the Southern Pacific railroad, last April. The crime and actions of the two youths, we 19 and the other just 21, form one of the11 most remarkable stories. The youths, sons of a deceased clerk in the Quarter Mont Parnasse, Paris, came to America two years ago, their mother having died while they were attending school. Obtaining work on a Lafayette plantation, they soon acquired a knowledge of English, and began reading about the James brothers and other noted Western bandits.
Fired by this course of literature, they resolved to rob the store of the Bignaud Bros. The evening, they selected for the job found only Martin Bignaud at the store. After pretending to purchase a few articles they drew their guns and made Martin a prisoner. After binding him they took what cash was in the drawer and then cracked the safe. Out of one of the safe drawers they got nearly $4,000. The key to this Martin gave up, but would not give up the key to the drawer containing his brother's wealth. The poor man begged for his life, but they kept stabbing him with a sharpened file until life was extinct. Then they took the drawer with the money and buried it.
A week later they pretended to have received $50 from an alleged tutor, or executor in New Orleans, and no suspicion falling on them, secured all the buried treasure and left. Meanwhile, two other persons were arrested indicted for the murder. The youths stopped for awhile in Atlanta, then went to New York, and crossed oven to England. Thence they went to Belgium, after doing London, and finally bnought up in Paris. After spending nearly all of their illgfttten gains they returned to America and went to San Francisco. Then they separated, and one brother went back to St. Louis. Reuniting, they tramped their way back to the very town where they had committed the murder.
In less than a week they were under arrest, suspicion having fastened on them by reason of its having been iscertaifted tt&t they had not got the $50 from New Orleans, as asserted.' They Bay they felt sorry tile day after the murder, but $fter that it did not trouble them. Their re^on for qot sparing Bignaucf'i life was that 'they knew he would tell on them. The eldest brother says that he alone did the stabbing.
The youths are innocent looking, and one could scarcely realize as they told their terrible story to the police and reporters tonight that they could possibly be the coldblooded criminals they confess to being. They bound their victim with strips of calico and stabbed him in all fifty-two times, several times in the mouth.
The celebrated "World Almanac" for IS97, containing the most complete analysis, in 584 pages, of all events, has been Issued and is now on sale at the bookstore of E. L. Godecke, 521 Wabash avenue, price 23 cents. %&-
«•.$ To Cure a Cold In One DayTake laxative Bromo Quinine Tablets. All druggists refund the money if It fails to cur*.
M'KINLEY'S PREDICAMENT.
A Cabinet Portfolio for the Third trim, Declined Cleveland, January 6.—Senator William B. Allison has for the third time declined the proffer of an Ohio born president to accept a position in his Cabinet. This is the position that President-olect McKinley finds, himself in, to-night, as the result of his visit to Canton and his conference with Senator Allison today. The interview with Major McKinley lasted from 10:30 until 1:15 when the gentlemen sat down to lunch.
Senator Alilson expressed his fullest sympathy with and good wishes for the in-com-ing aldmlnlstratlon, and expressed his desire to do all he could to promote its welfare. He was decisive in the statement, however, that he could not, with the new senatorial term beginning with the administration give up his place in the Senate for an administrative office. In explaining his regret at not being able to accept a portfolio, Senator Allison gave the President-elect the heartiest assurances of his. co-operation in the Senate, where he felt that he could be of far more benefit both to Major MciKnley and the Republican party than by taking up the intricate and difficult task which must fall on the shoulders of a Cabinet officer.
The decision of Senator Allison to remain outside of the new administration is undoubtedly much of a disappointment to Major McKinley. His refusal opens up anew the entire cabinet situation and all the old problems and complications in which the Ohio situation is most prominent, sre now reopened. It is said that the last thing Major McKinley did before leaving Canton today was to wire request to Senator Sherman to come to Canton for consultation.
SLICK MEN UNDER ARREST. sj*-
Alleged Band of Formers Captured In Chicago Chicago, Jan. 6.—Five men, who it is alleged compose a band of forgers, are locked up at the Woodlawn police station charged with having fleeced a number of prominent citizens by means of forged checks. One of the members of the band is still at large. Two of those under arrest have made a written confession, the police say, in which they implicate their companions. Those under arre3t are Arthur L. Foreman, alias Howard E. Stine Elmer Russel Eddie L. Root, alias O'Rourke Charles McOuen and William Bert.
The member who has not been arrested Is said to be Paul Moran. Their work which has extended over about one year has been confined to the signatures of millionaires and prominent business men. George E. Swift, the wealthy packer, and Henry Weiskopf, a prominent grocer, are among those whose signatures were forged for large amounts. A worthless check for $1,200 bearing Mr. Swift's signature, was cashed at the National Livestock Bank and other checks, aggregating $2,500 to $3,000, bearing the signatures of H. Weiskopf & Co., have been cashed at other banks. These are all the forgeries known at present, but statements of the men who haveconfessed show that the forgeries will run anywhere between $10,000 and $20,000. All the prisoners are young, none being over 25 years old.
OLDEST DOLL IN AMERICA.
Brought From China By a Sea Captain 171 Years Ago. One of the quaintest and prettiest dolls to be seen anywhere is preserved at Reading, Mass., and here is where dolls have the advantage of real human beings—though she Is the oldest doll in America, she does not show her age at all, except In the matter of dress, and is just as charming as when Captain Gamaliel Hodges brought her home to his little daughter at Salem, Mass., when he returned from a voyage to Canton, China, says the Washington Star.
She is now dressed in Louis XIV. style, but history does not record just how this tiny counterfeit of woman was originally attired. What we do know is that when she came to America we had no direct trade with any distant ports of the world, for everybody here was a subject of King George, atfd no one had ever heard of the star-spangled banner.
This little doll, therefore, nasi looked upon the most remarkable events of modern times and it has not even aged her. When the war of the revolution was inaugurated she had already passed through the hands of several generations, and was really entitled to all the respect due to a very venerable person. She was much older than General Washington when he became the president of the united colonies, and General Lafayette must have seemed a mere boy to her. The events of the war of 1812 found her approaching her 100th year, and each succeeding decade has added tremendously to the weight of her experience.
During all this time the doll was passed on from one person to another, evidently receiving the best of treatment from each successive owner—unusual beauty and strange history saving her from the sad fato of so many of her sort.
A Household Neo**4ity.
The Date of Their Trial Fixed By Jndge Piety Tester day.
One week from next Tuesday, Wright, Evans and Morton, the three men in jail for the robbery of G. A. Schaal's residence, will be tried in the Circuit Court. Judge Piety announced the date of the hearing yesterday. As yet there has been no decision relative to the employment of additional counsel by the State. Prose-mtor Tichenor prefers to have Lamb & Beasley retained as they were in the case for Mr. Schaal when the three suspects were captured and therefore know more about the case than anyone else. There is a belief in some quarters that the men will plead guilty at the last minute, though they have often declared to the Express that they are innocent and can prove themselves so in a trial.
BANQUET AT THE TERRE HAUTE.
AN^wly Merried Couple. Entertained By Their Friends. An informal reception was last night tendered Mr. C. J. Lanz who was yesterday married to Miss Lily Vauner at Elizabethtown, Ky. The newly married couple arrived home from the South and immediately repaired to the Terre Haute House, where a reception and banquet was given them by a few of their friends. Mr. Lanz is employe! as salesman In the Racket store and Is very popular with his co-workers. Those present at the reception were Mr. and Mrs. C. L. Burch, Mrs. Lanz, Mr. and Mrs. Jacrsb Wheeler, Misses Nannie Taper, Ida Dillon. Bessie Ballard, Mollie Link and Messrs. Will Godshaw and John Burch.
•v.,.--.-.Marriage
ness
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THE PORCH CLIMBERS.
Licenses.
Wm. Summers and, Rodella Robertson. Christooher aoA Lara L. Cook.
JTHTTri
ATTACKS OF "NERVE" AT A-LTAR
Meet
tbries of Bridegroom* Who Failed to Their MarHage OoattMb Possibly every man about to marry peJriences a novel inward flutter when critical hour arrives and brings the into sight, but It Is not often that one nof a prospective husband who»e nerve se^ts him to the extent that he fights ofj the ceremony at the last moment, allows the bride to leave the ohurch without having changed her name, comments
the
altar hears deshy and
Happy Thought. Hitches of this startling kind do, however, now and then occur, bridegroom has not the courage to face public ordeal, and the situation becomes both humorous and dramatic.
The the
this
A most amusing attack of "nerves" of order was witnessed by a large crowd at country church, not long ago. The bride groom was late in arriving when at length he came abreast of the ohurch gates, heated and flurried, the sight of his white-robed life-partner In the midst of an imposing party fairly scattered what courage he churned fer the occasion. He turned made off across country as fast as his shak ing legs would carry him. The crowd am a number of his indignant friends pursu ing him, he took refuge up a tree, and remonstrances would induce 'him to and go through with the ceremony. paid rather dearly for his cowardice, how ever, for the bride promptly jilted him, am walked to the same church with a bolder man a few months later.
had and
descend He
At another churoh in the neighborhood number of people who had flocked to a popular local couple made one, were curl ously disappointed. When it came to turn of the bridegroom tive utterance to vows, he was found to be tongue-tied sheer nervousness. The laager they waited for him to recover, the worse he became, and finally, white as a ghost, he wheeled about and ran out of the building. As no amount of jeers or encouragement served to induce him to attempt the ordeal a second time, he perforce remained in single misery.
the his by
Plenty of humorous instances have been recorded where the intended husband, brave enough in his wooing, has found himself unable to stand and be publicly married. One gentleman became so unnerved at sight of the swelling assembly and the preparations that he slipped into the vestry and locked himself In until the registrar lost patience, and the ceremony had to be abandoned.
In another case a missing bridegroom was discovered locked in his bedroom at home, and sheer force had to be used by his friends before he could be induced to walk to the church. As it turned out, he was too late the bride felt herself justified In declining to fulfill her part of the contract with so diffident a partner.
Bat perhaps as unique an example of what may be termed "altar fright" as any known was one which caused quite a sensation in a midland town some years ago. The circumstances were peculiar enough to bear repetition. A young man, standing at the altar with the future participant of his joys and sorrows, suddenly fainted when asked to declare his willingness to take a wife, and had to be carried home in a cab. A few weeks later he essayed to enter the lists if matrimony with more success but, strange to say, his nervousness again reached such a pitch that he swooned at precisely the same part of the proceedings. Wheii, on a third occasion, the same weak
overcame him as soon as he entered the church, it became evident that his physical courage was not equal to the
ordeal.
Whether the bride declined to look foolish for a fourth time, or whether the ceremony was subsequently performed in private, did not transpire.
Brides, it is interesting to note, do not appear to suffer from any such backwardness. Their nervousness seems to be of a different order, and it is seldom or never that one hears of a case where the lady has failed to come up to the "line" throug mere dread of publicity.
MAY WIVES BE SPANKED?
Momentons Question Now Before Supreme Court in Brooklyn. "May a man spank his wife?" is the mojnentous question which absorbed the attention of the supreme court in Brooklyn yesterday, says the New York Telegram. is such a delicate point in material law hat,' after having exhausted arguments, riidge Osborne reserved his decision, and it presumed that he is now in deep in the Mrocess of thinking the matter over in all tg, .phases.
The interesting issue was raised during lie hearing of an application of Mrs. Kate Abbe for alimony and counsel fee, pending a. suit for absolute divorce tonight against jiier by her husband, Richard F. Abbe, ofIfclb'. 614 Mercy avenue, Brooklyn, who Is a broker in this city with
offices
at Nos. 60-
62 New street. 'i Mrs. Abbe in counter charges alleges that this suit is brough for the sole purpose of annoying her, and says her husband was in the habit of spanking her. Abbe does not aeny the spanking, but argues that as her husband he had a right to chastise his wife
Lfter the time honored methods of the nursery. It has been clearly and legally demonstrated that
ra
man may spank his son
[or disobedience, and that he may similarly jhastise his daughter until she arrives at the age when short dresses are discarded, but as yet there has been no judicial ruling upon the spanking question as between man and wife.
It is felt by the people of Brooklyn to be a vital question affecting the happiness of every household. Should the learned judge answer in. the affirmative, it is said that a movement will be immediately set on foot Jat a mass meeting of wives to test the question ae to whether they have not equal' jrights witt their husbands.
Millions For »u Invention
Sleepy Eje, Mnn., Jan. 6—Grant Bramble, •who invented and patented a wonderful rojtary enginei today transferred the right in manufacture and sell the engines to Henry Francis AHn, representing the Allen syndicate of England, for $3,100,060. This sale is for the United States only, England, Qer-
many, France and Europe ha ing been previously sold lor over $4,000,000. The investor yet controls the engine for Mexico and jhe Canadian provinces. The inventor was Jesterday elected as an alderman of the village here.^
A Wajrant For Father Bogaekl Bay CityjMkh., Jan. 6.—A warrant was issued todaf for Father Bogacki charging him with slooting Joseph Bartkowiak, tlra leader of yeterday's riot. He had gone to Grand
RapHs to visit the bishop and has Dot yet beenarrested. A crowd otf 500 people occupied thj church property all day but no violence attempted.
Kafaryn Kldd«r Prostrated
Chicago, [an. 6.—Kathryn Kidder, the actress, faintld upon the stage at the Columbia Theater talght. She was in the midst of one of tlhe greatest scenes in "Madame Sans Gene" whfa she stopped in the middle of a sentence pd turned deadly pale. Half a dozen actffs nearest her rushed forward to support hf, but before they reached her side she fell Jeavily backwards and dropped senseless/o the stage. The curtain was hastily dropjed. The actress is suffering, her physiciaf declared, from overwork. Her condition is not abumlnz-
A. QUEER EXCHANGE.
TH1 OKI KM SOXa WOXQ IB IX THE GPTTJSR.
Liveliest Money Market la the World—Men of All Nations Gsmbllntf With Ctter Recklessness.
The Hoiig Kong stock exchange is one of the financial wonders of the world. But to begin with, there is no stock exchange, properly speaking, in Hong Kong, says the'New York Recorder. One is being established at this moment. What exchange there is now is the gutter.
From the bar of the club to about a hundred yards down the queen's road is the local Rialto. But there, all day long, a financial business is done which I doubt if any hundred yards in the world except the spaces including the London and New York stock exchanges and the Paris bourse can equal either for volume of money, audacity of sensational speculation or sentimental ups and downs.
Everything is done eitner under the punkabs in the hall of the club or literally in the gutter, and by the most motley crowd of brokers in double-decked hats that the world can show.
Therl are Englishmen, Germans, AngloIndians, Chinese from Canton, Armenians from Calcutta, Parsees from Bombay and Hebrews from Bagdad. And from the princes of finance who play with millions of dollars (there are several of them In Hong Kong) down to the humblest who buys ten shares here and sells ten shares there, all are making money fast. The former live in their little palaces they entertain like princes they are as generous as they are prosperous and the latter kick their heels all day long In the street and corridors of the Hong Kong hotel. And although to say that all of them make money is not unlike saying that two men live on what they win from each other at cards, Btill the paradox is a truth.
Money in Hong Kong seems to have less value than anywhere else, like wheat in Manitoba or petroleum In Pennsylvania. A player at poker the other night dropped a' long chip, value $75, under the table. I "Makee," he said in pidgin English, "no matter." "It's $75," somebody reminded him "if you were at home you'd look for It I fast enough." "By Jove," he replied, "so I will! I forgot how much it was." And here is an example showing at once all three characteristics I have claimed above for Hong Kong finance.
A few weeiks ago, in the stock of a single mine in the Malay peninsula, upward of $1,500,000 was paid by Singapore speculators to Hong Kong speculators In less than a fortnight, and the same shares were bought back by Hong Kong within a month at1 more than 50 per cent, discount. As for ups and downs, hpre are a few examples taken at random. The shares ot the Hong Kong and Kowloon Wharf and Godown company, issued at $100, rose immediately to $195, fell to $125 within a month and are today quoted I at $200.
Hong Kong and Shanghai bank shares of $125 par value were at one time at 205 per cent, premium, they fell again to 125 per cent, premium and are today back to 200 per cent. The Hong Kong and Whampoa Dock Co.'s shares, of $125 par value, rose from 25 per cent, premium to 135fcer cent., fell to 26 per cent, and are quoted today at 95 per cent.
The Punjom and Sunghie Dua Samantan Gold Mining Co. (mine at Punjom, in the Malay peninsula) was floated at $10 per share, rose at once to $15, and then jumped suddenly to $80, fell back as suddenly, after considerably over $1,000,000 had changed hands, to $25, at which price most of the shares bought and sold agair„ and now they are firm at $35.
But perhaps the most sensational of all is the Tongking Coal Mining Co. The shares, which by French law must be registered in Paris, were issued at 50 francs, say $138, they rose on issue to 60 per cent, premium, then at a jump to 120 per cent., then at another to 220 per cent., and today they stand steady at 400 per cent, premium, say $700, with few or no sellers, in spite of the expense of holding them, as the local I banks will not advance a dollar upon mining shares which have not yet paid a dividend. It would not be difficult to match this in the history of recent finance.
Now, this state of things is the rule, not the exception, in Hong Kong, and it is self"evident that such high prices can only exist and have existed on one condition—namely, that the local companies, including, of course, the enterprises in Borneo, in the Malay peninsula, in Manilla, etc., of which the capital is held in Hong Kong, were formed on a sound basis and are doing thoroughly well.
Many of these ups and downs are, of course, the merest gambling, some of them not even honest gambling, as a recent lawsuit has shown, and I am sorry to say that much of this is done by young men, earning clerks' salaries, who would find such a course impossible elsewhere. But gambling is inseparable from prosperity and no gambling could produce the same steady effect as legitimatejirofit and promise.
This is the case with the local companies, but I fancy very few people have any idea of what the combined capital of these companies amounts to. The total number of companies fall kinds registered in Hong Kong is forty-four. Space prevents me from giving a list of these, but I have made one and the following facts are'showa by it:
The total capital of Hong Kong local companies is no less than $40,740,000. The averdividend of the local companies which already been in existence long enough pay one is a fraction over 13 per cent annum. And their average annual yield
age have to per to pr Hong East cial right ger.
Investors at the so-called inflated current prioes being floated almost every month in Kong. As the new lands of the far are gradually developed it is for flnanaid. And capital there responds to the call as the flash responds to the trig-
For instance, a month ago a new issue of shares in the Hong Kong Land Investment Company was made at 50 per cent premium, $100 for a $50 share. The number offered to the public was 13,000. No fewer than 52,000 were applied for. To-day they are quoted at $145. Of course, there are not wanting prophets of evil who foretell an fitter collapse of the Hong Kong market, as a consequence of what they are pleased to term the gambling mania prevalent in the colony.
Financiers at home send telegrams to representatives here urging caution merchants write long homilies to their agents.. Yet I have heard that the very merchants and friends, both at home and else-k where in China who are so anxious on the hand that Hong Kong should become model of Scotch prudence or are so ready the other to denounce It as a bucketare themselves among the quickest and" most persistent applicants for shares In new enterprises, with the purely gambling intention of reselling them at the first rise.
their and
one a on shop
In the past shares have been freely alloted with this result In the future, I understand, local promoters intend to be a more particular whose fortunes they
trifle make, question
I must not presume to decide the whether Hong Kong is or is not
resting on a financial volcano, but I see no reason to believe It and many reasons to believe the contrary. And, in defiance of opinion. I think Hon* Kong financiers
this
will admit for a long period ne stranger has given tbe time or attention to the affairs of the oolony that 1 hare. For it is not until after you have studied Hong Kong that you begin to discover, a&d that slowly, what a marvelous place it is.
Less than fifty years ago a barren island, with a few Chineee fishermen's huts, to-day a port with 7,000,000 tons of shipping A year a focus of enterprise with six and 4 quarter millions sterling of locally regis* tered capital a coal center where 50,009 tons are consumed per month an insurance base where in 1888 premiums were paid by Chinese merchants alone upon fa capita] value of £21,000,000 .sterling (I have this fact upon the best authority) a financial center for the whole far East since Japan, Manilla, Singapore, Java, Swattow, Amoy and Saigon all finance through Hong Kong, and from which 6,000,000 rupees is tha monthly average remittance to India for opium and yam. And unless all signs fail the development of the far East is only beginning.
Borneo, the Malay peninsula and Siam are all certain to become the scene of enterprises of all kinds within a short time, and the Philippine Islands are making great strides. And development in any of these places means the increased prosperity of Hong Kong. If the coal .of Tongking turns out as it seems to promise and can be sold In Hong Kong as cheaply as Is reasonably claimed by the promoters ot the company, Hong Kong will become also a manufacturing center. And the Introduction of a complete system of railways into China, which is on the eve of being an accomplished fact, will bring infinite grist to her mill and wonderfully develop her already great resources.
In fact, there is only one thing that can surely bring about the collapse of values in this marvelous Island colony and that Is a war* In which England should be engaged with a power represented in the Pacifio while Hong Kong still feels herself to be Inadequately defended.
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ESCAPES FROM BLACK WELL'S,.
Thomas Hogan Gains Freedom Through a Carefully CarrUd Out Plan. New York, Jan. 6.—One of the most dramatic and at the same time carefully planned escapes made from the penitentiary on Blackwell's Jsland was executed some time Monday afternoon by Thomas Hogan, who was serving a five years' sentence for assault. Hogan's escape was made from the broom factory, where he was at work wi'.h 133 other men under the charge of Assistant Keeper W. H. Wheadon.
The broom shop is on the top floor of a long three-story building separated some distance from the main penitentiary. Hogan was at the end of the room apposite that in which the keeper stood.' Hidden behind the other prisoners it was not hard for him to cut a hole through the thin board partition which separated the workroom from the store room. Hogan's friends had cut a trap door through the floor in one- corner of this store room and had fitted it with a-"cover working on hinges of canvas. Hidden in the store room was a suit of clothing.. Hiding behind the bundles of broom handles he slipped'off his convict garb and put on the citizen's clothing. Then he opened the trap door and dropped to the hall of the dormitory. Descending one flight of stairs he walked boldy out of the front door and evidently to some spot already agreed upon where a friend was waiting with a boat t« row him ashore.
To Pbv Penalty For Dlnine
Is rather hard, isn't it? Yet how many are compelled to do this after every meal. Dyspepsia, that inexorable persecutor, never ceases to torment of its own volition, and rarely yields to ordinary medication. But tranquility of the stomach is in store for those who pursue a course of Hostetter'a Stomach Bitters. This fine corrective also remedies malarial and kidney complaints, rheumatism, constipation, billiousness and nervousness.
RIVAL BOOMERS IN COLLISION.
Colonel Lond of Savannah and William J. Flolden of *nporlor «rty Hs*'1Superior, Wis., Jan. 6.—For some weeks trouble has been brewing between rival companies competing in the northeast lor southern emigration business, and open hostilities have now broken out. Serious consequences may follow.
Colonel C. D. Loud of Savannah, Ga., same North a year ago and formed a company to promote immigration schemes, and hundreds of people became purchasers. Wil iam J. Holden, a prominent ward politician, wa3 selected by fifty ship yard men to personally investigate and select lands for ihem. Holden did so, but afterward saw an opening to start a rival company, and attempted to take Loud's settlers with him. A few weeks ago both men were in the South booming rival town sites three miles apirt, at Sibley, and Loud arranged an mbasli for Holden. He induced the chief v!, -.o get out of the way and avowed his irsUiit on of attacking Holden, as he now adin ts. Both men were armed, but Loud gpt the drop, and Holden saved himself by flight in the darkness. Both men are now here. "Colonel" Loud is a typical Southerner, well known throughout the South. In an affair of honor a year ago in a leading hotsl in Savannah he killed a prominent Southerner and was acquitted by a jury. He is a dead shot, but for good reasons is not mnouncing it. From close personal friends it is understood he has challenged Holden to a settlement of the feud.
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