Chicago Daily Tribune Newspaper, May 18, 1874, Page 1

i | | VOLUME 27. DRESS GOODS, &o. SURIMER G000 Figld, Leiter & STATE & WASHINGTON-STS,, Will exhibit on Monday, May 18, most beautiful and completoe asgort monts of all classes of SUMTMER DRESS GOODS Chiefly their ownimportation and ex- clusivo styles, consisting of Printed ¥'r, Organdies, Jaconets, Lawns,Per- calos, Fig’d Berages, Gronadines, Printed Linen Lawns, Gress Cloths, &0., &o., and a spocielty of Embroid- ored Batisto Polonaisos at the low prico of 20, and Fanoy Grenadines at 260 and 6500, rocently §1, to all which they respectfully invite at- tontion. 2 BRIDAL GIFTS. "SILVER BRIDAL GIFTS. THE GOREAM COHPANTY, The well-known Silversmiths, of No. 1 Bond-st.,, New York, have comploted arrangements with the londing Jowelers. in this city, whereby Silver of their manufacs ture, for WEDDING and PRE- SENTATION GIFTS and for gen= eral Family use, can be supplied to all purchasers upon terms as favorable as from the Company in Now Yorlk. [P STERLING This trado-mark is stampod on avory plece of Btorling Sitvor of the Gorham Com- pany manufaoture, and s a guarantca of ita purity snd gonulneness, REAL ESTATE, For Sale. 800 ILOTS, £5x135 foot, at $i00 onol, on § yonrs* timo, with Intorest at Tato of § per cont par anhum, pavablo yontly n advAnco. "Thoso otk aFo within tho Ciiinite eat the' St mick Ronper Worke, the Chicaga Gotton Mill, and tho .+ D. & Vinconnes iC. . Shops; |30 ninutos’ rido from {:nlfl 1iall, 8 traina perday, faro'6 conts, dopoton tho fay sile gt Sy st o S, o ot etiurr.” Furehass Ean b ¥ % e for olreulars to ADAD SMITH & SON, suuthwost 1 OVICRED, e rmor Stato und Washingfon:ats., Obicaga. LAWN MOWERS. WL BANKS & ©0, SOLI: AGENTS FOR THE EXCELSIOR EXCELSIOR LAWN SPRINKLER, HYDRANT HOSE, &c. ALLKINDS OF LAWN MOWERS REPATRED. Wholesnle and Rofall Dealors in AGRICULTURAL IMPLEMENTS, SEED: B4.aud 36 Soufh Canal ing antr ; corper Washington (adjoiu- v PHOTOGRAPHY, GENTILE B tha finost gallery in Ohlcago, and makes the best aruplis, State and Washington-sts., EDUT;ZA::‘;;‘D;TR“. LUMBER OR COAL, DOCK TO RENT ORFOR SALH. 150 foot front on Twolith-at., running back to tho Empiro 8lip, with Tailrond connections, nenr Twelfth-nt. bridge, Apply to M. PETRIE, 1063 Washington.st.. Basement, FINANCIAL, TO LOAN. $60,000 or $75,000 in ono sum on A No,1 Improved insido property, at 0 per cent ine terest. Moncy on hand, J. HENRY & JACOB WEIL, 144 and 146 Denrborn-st. ROBERT WINTHROP & (O, BANKERS AND BROKHRS, No. 18 Wall-st., Now York, executo orders. K8, NI AR GOTD, oo S oors DI and transact a genoral Banking aud. Brokorage IEN'S FURNISHING GOODS, B3 FURNISPING GOODS, Biogant 1 i . ¥nultlol I g "HRHIS & COBD. " 171 Souti: Olark- FOR SALE. _ MARBLE MANTELS, UMENTS AND TILING. MARBLE 0O, SC ES. FAIRDANKS STANDARD SCALES OF ALL SIZES. .« FAIRBANKS, MORSH &00 UL AND 113 LAKE-ST. 11 North Glark.st, FRACTIONAL CURRENCY $5 Packages oF FRACTIORAL CURRENCY FOR BALE AT TRIBUNE OFFICE, THE FLOOD. Further Advices Show the Loss of Lifo Greater than Was Supposod, Not Less Than 150, and Possi- bly Xore, .Alrendy Found Drowned. Graphic Account of the Ineidents and Appearanco of the Flood, Names of the Lost as far ag Known. Detailed Estimate of the Loss of Prop- erty. - ¥ THE LATEST ADVIOES. [7o the Aasociated P'reany Newitaves, Conn,, May 17.—A 24-inch pine in tho town of Groat Ashfleld rosorvoir, sbovo Willinmeburg, Moes,, lnd boon lonking for wooks, and somo peoplo hnd hakon _tholr honds and mold tho dam must bo nttonded to or it might broak. It did brosk yostordsy moralng. Tho mesonry around tho outlet gave way, and thon all fa n minuto, ns if s plece had beon bit- ton out of tho dam, a groat wall of wator ecomod to spring up Into tho air and leap out unto tho ainlk below, “Tho standing Joke of Mill River Vallo # 100K OUT, THE DAX I8 DROKFN was proved no joko atfast, Tho forrent was upon Willismeburg in ton minutcs, and sent its spray abovo traos 60 foot high, It crunchiod ono houso flke paper, nd kilied n womnt: and hor two childron; then snothor, and another. It #wopt away the woolen-mills, and rushed on ot tho rato of 20 milos sn hour, As it camo raging dovwn tho valloy, it dug ap housos and syallowod {hom in an instont, loaving no traco; and treo: butts and groat stones camo down with the flood. Tho mountain of water, roaring lilo a thunder- storm of afl, reached Skinnorvillo and lifted tho sillt mills upon Its shouldor bofora shredding them into bits, L AT WAYDENVILLE it ewopt away tho factory in & moment. At Laeds it camo down, o wall of water faced by an abatdls of timbers, trecs, aud iron boilors, which struck tho villago in fall front. Thero ws an hour and s half of flood, and thon ebb, and st noon thoso who hud escaped camo back in crowds to sco the ruin. It wod n awful sight. Houeos wero crumplod likotwisted paper, traos strippod of their bark and limbs, even when thoir roots clung to tho soll. Tho beautiful valloy ja & wasto of mud and randdy water laden with distortod and strange shapes. Great boilers have beon earriod hun- dreds of yards, and loft crushed togothor and buriod. INCIDLNTS OF THE CALANITY. .. A mon was pickod up from o treo upon which Tio bad riddon 6 milos on tho torront, choori and waving his cont. The poor follow's miu was gono. - No loss than olght casen of Insnnity followed, nmong thoso who lave loat relatives and frionds by tho terriblo calamity, and threo wore commitied to an nsylum in Northampton. Everything was gromnd fine, and whon tho flaod wns paat tho timbors were 'in tooth-picks ; eoraps of iron, brick, oud_groat atoncs had bo- come bouldors, and horo aud thoro wos found & corpao, or & picco of & corpAo. Al tho windings of tho valloy wero illod with tho debrls, mnking s torriblo icturo of wasto and denth in tho moat beautiful vatley of Massa- chuiots, LECOVERING TIIE DODIES OF TIIE DROWNED. The gracious work of eaving tho dond for Durial began at noon at Skinnorvillo, Tho firat bodios woro picked up, dug ont from mud, or taken with difficulty from ovorlondod rujns. ‘Al through tho valloy tho work wont on till night, and_then ,mon with lanerns, scoking thoit dend, stosd guord, At Hoydenville forty bodiss _wers gathorad by mnight; ot Leeds, forty-five. -~ Thoro had boon, i tho aftornoon, gangs of plunderera who wora promptly turnod to workers by no_stintod thrents; tho peoplo wore ready fo brain them with tho firet stouc, Thoro woro fowor doad at Floronco und Northampton. Thoro havo boon found 140 in ail, and moauy more aro cortainl buriod ju tho mud and rubbish that fill the val- ley with black heaps from Willinmsburg to Northampton, THE WABKNING, A man on horsobuck gave warniog throngh tho uppor half of tho Vatlay, but some wouid uot Liear, and somo turned to ‘thoie hounos and to the great factories for safoty. Ono man st Haydonvillo factory, saved his life by eticking to tho houss, but' o wnsn mat- velous excoption. Ho ran into a closet that stood againet tho gront chimnoy of tho fuotary, nd, when tho factory was crushod, tho chimnoy stood, and his closob stuck to it liko o lantern aguinst & wall, with him moving his arms for holp out of a broach bo mado in ita brickwork ; but a man and o girl, whoan out st tha rour of tho wators, o run back for o Lavon of snfoty, went down nndor tho building, NUMIER OF DBUILDINOS' DESTROYED, At Villiamsburg s faotory and twanty- govon houses wore blotted out; at Hony. douville, "o faclory, ® cotton-mill, a bank, and 100 dwellings; at o button-factory aud 226 bulldings ; at_Spring- villo every houso is gono oxoopt Mr. Skinners own. Bitch housos ns aro horo wot down s *gono,” aro utterly vanished nnd dintributed in shrads, not a piaco over G foot_long, ovor milos of country. “Iho *f Licking-Wator River," ns they cal it Lus boon & son, unds now o triciiog stroam lost in miles of mud. Tho lnko hemmad up by dofoctive mnsonry awong the Goshon Lills, has dono ita work terribly, SewiNorrern, Moss, May 17.—The Intest figures of {1io lok of Jifa by tho broking of tho Willismeburg rosorvoir, mako a folal of 14, divided a8 follows botween tho threo plnces: Wiliamgburg, 60; Leads, 49; Haydenvillo, 05. “I'hero figurss only represent porsons whouo losa ia positivoly known, though the bodics of all aro not yet rocovored. Bodiak aro_constantly boing foutid, and, in Komo cases, thoso of porsons who woro not supposed to bo lost, 6o that it scoms perfeotly’safo to say that tho total losw of lifo swill oxcaod 160, if, indood, it doos not more noarly approach 200. JAMES OF ROME OF THF LOBT. Thio followlug ro lists for caoh vill “ons who are known to bo missiny At Willismaburg—Birs, Kinguton, 8. Dartlatt, Violn B, Collyer, . J. Hitchcock, Tom IT. Adame, Widow William' Snow, Willio 'Wiiton, Mra. Wil- liam Cartor, R. J. Louchono, Mrs, E. 3L Chand. Jer and daughitor_May, Jorominh Ward, Widow Lleota Kuight, Mre, Patrick Heally and two culldron, Widow DMary DBronnan, Alexandor Ttobouts, wifo, and two_children, Mary Anuo MeGoo, ' Mra, Goorgo E. Huws, 13, 0, Hitbbard ; Men. Morrick Wood and ohild, of Chicopeo; Michaol Durko, throo ohildron_of Jamen Burke, Frederlok Bird, Junca Stophovs, Mra. W, D Adama and on Willio, Mra, Eliza _Downing and daughtor, Widow Downing, 1fenry Dirmingham, wifo, and threo ohildron, M, E. 8. Kingaloy, My, . D, Kingaloy and tivo ohiidzen, Dr. E. 3. Johngon, wife, and three childron, Widow Jolm- gon, Frank Murray and. wifo, John Atohinson, Hponcor Dartlott aud wito, Goorga Ashloy, rs. Goorgo 1, Lawb, aud Frauk Traln and wito, At Bhinnorvillo—3Irs, Joromo Millman, Mrs, Jucob 11ill, Bl Lryaut, and Robbio Hoyden. At Iaydenville—Mrs, Norris aud duughtor, Mins _Johaina Willisms, Francis Drodour, John_Xaplingor, 3rs, Hogan, Edward Macklor; Bir. Mosior, Mré, Johu Wilson and_threo ohild® ron, Mrs, Dasoy, hor murriod doughtor dirs, ‘Antonio Brasior aud two othor children, Dirs, Messle and two youug childron and hor mareled dnughtor, ire. Napoloon Bonvll, with un szane, Blophon 'Hei(Ry, Wifo and deughter, two littlg oblldron of Edwin Thayer, threo childron of 0, of por- Hamuel Millor, Mickuol Burke, and Avchibald Laveaublo. 1t is uttorly fmpomsiblo as x:t'ko give & dotalled eatimaie of the loaves. ida from the Lixzlo ~Clnrpontior, Mary Roso, Patrick O'Noil, Alexundor’ Lancior, Ralpl Inham, Ira Subuing, Samuol Davis, 3r. Smith but ot longth the gap | buug, Hnydenville, and Leods, the th CHICAGO, MONDAY, MAY 138, 1874. ¢ bultdings dvstroyod nnd damngod, brldgen hinvo Loon eatrlod away, roads ruinod, ind lundteds of sorus of mendaivlnnd foudorsd almost valuo- oss, T TOTAT, LOSS must far oxoced 81,000,008 ad il probably como nearor $2,000,000. Tho following 18 a gon- oral catimatoof'louios by pluces: Tn Williain. burgh—\W, 1L, Avoniss' flouring mill, mwopt away, 810,000 ; I, L. Jamés’ mill, damazzod aud Toft’ standiug’ without wator-powor, 10,000 housos, arns, oto., gone, 840,000, At Skinnorvillo--Wiliam Blinnor's siik fac- torv and twolvo tonoment housod _dostroyod, -$180,000 ¢ other houses and burna, 813,000, At Hoydenvillo—Haydon, Goro & Co.s brass works, eavings bank, buildings and_tene. ments swept! away, $8950,000; Haydon "obacco_Company, mill cacriod’ off, §7,000; Tlaydon Foundry and Machino Compnuy'a worke, damngad, 6,000 ; othor housos snd storos, 50,5 000 ; Gas Works, €8,000, At Loods—Nonotuck Sillc Company's dam Droken and govoral buildings and_houscs carriod awny, 825,000 ; Georgo P, Warnot's button fac- tory destroyad nud threo tenomonts, $100,000; otlior Liouras, brns, eto., £30,000. At Northampton—Emory 'Whool Compony, damagad, §2,000, At “Tloronco—Tho Tloronco Manufaoturing Company's brush_factory, damsgo to_atool, 88,000 ; Nonotucl Bjlk Company's silk mill, pac- {inlly torn away aud stool damagod, 98,000, Tho damage (o tho Town of Willinmsburg by tho lons of brldges, gront, deatruction of ronds, and complota ruin’ of its" best mondow Jands, In ot_prosont incalenlablo, bu it is such ay 'to sorlously eripplo tha tor. Throo fron bridgos wore carried away, In tho Village of Willinms- bueg, ono_woodon and two dron bridges; in tho Villo of Loous, ono bridga; and in tho Villago of Florenco, one iron and two woodon bridgos Woro swopt Bway. MONE NADES OF TIIF: MIBSING, Tho following ¢ o comploto liat of thoso miss- Ing from tho villago of Locds : Mre, Patrick, Oiiarlos Patrick nnd his wifo, Miss Julls Patriclt and hor siator, Mre. Dunloa’ and Ler dnughter, Mr. Fitzgerald and two childron, Clarles and Annio, to childron of John Clancoy, Mra, Jano Cogan, Missos Anule and Graco Cogan, Androw Fonnonsoy, wifo, and two childron; Mra. Lows Brouotto and sovon childron, Mra. Hutlog, Miss Carrio Bonnoy, Jamos Founncssy nud. wifo, ‘Arthur Bharp, & boy of Mrs, 0'Shanghucesy, Dra. . Hanuon nnd throo children, Mrs, Saralh J. Ttsn and ohild, Mrs, Evolino Shetwood, Capt. T. T Vaught, Miss Mary Woodward, Nollio ¥en- Do8Fs DANGER IREVIOUSLY APFRERENDED. 1t appoars that sorious doubts as to the safoty of tho reservoir binve been entortained cvor sinco it was buflt, nino years ago, though lesu within tio last year o tio thao iu'its early bis- tory. Tho gntokeoper hus sovoral timea ox- prossed fears to his omployers, caliiug spocial atteution onco to the point whoro tho brenk oc- curred, but oxaminers nlways roporled every- thing safo. Tho dircct cantio of tho disnstor, asido from tho goneral wonknous of tho dam, must remain & eubject of specnistion, Por: Tnps as antisfeotory a theory w any s tho one, navanced by o wau familiar with tho onse, thal tho frosts hnd staried tho oarth go that tho wator had found numorous littlo conrses through it, which finally carrlod off tho firat mass of onrth Baturday morning, and abonce precipitatod the catastropbe. JMEASURES TAKEN FOR RELIEF. Tho citizens of Willinmsburg lold a_town ‘meating on Baturdny ovening snd appointed o Comumtteo to raito eubecriptions, loole aftor tho dentituto, nud orgovizo tho toarch for tho missing. Northumpton and tho adjolning towns bavo Leon sendiug in eupplics of food, clothing, and monoy siuce tho disnster, and contributions wore taken up for tho suilorors in tho churches throughout Wostorn Magsnolusotta to-doy, The colloations in Springiiold amounted to 62,000, and_tho subscription papers will swoll thia nmount to about 85,000, All the lll.'rga towns and citios are organizing roliuf sociotivs. The funoral of nine victims of the disaster took piaco ut Williamsburg to-dny. & New York Herald Speeial, SraNovIRLD, Mass, Moy 16,1t was ot far from 7 o'clock when tho first symptoms of tho browk woro discovered by tho watohmau in churgo of the dum, s Thoso consisted of o small Toalk through the io wer ombankment in the di yaction of Williamsburg. At first tho watclman fiougit litlo o nothig of tho_oircumstanco, ogun to widon and ho vory proporly beenmo larmed and' Linstoucd to notify_tho inbabitants in tho villago bolow. o stortedon s run for Williumaburg, whicli ws Toes than 2 miles distant, but Jong boforo ho hnd gob thero tho wholo ambabkmont gavo way and the stroam of torror, death, and destruction was thero shoad of Lim, %o had to talto Tofugo upon » neighboring bill £ Bavo his own ifo, and thus becanio an ngomzed and holploss witness of a calnmity which ho had donoall in his humble power to avort, THE TUSK OF THE WATERS and tho fear aud constornation which ensued among tho torrified citizons_woro mout heart- ronding to witnoss. Tho flood camo without the elightest warning, eavo o heavy rambling not ndiko. thmndor, gr {0 ound 6¢ & hoavy train puseing ovor a covered railrond bridgo. Almost J8 Homont. tho torronts mwops. succceotvoly through_tho Villngas of Skinnorvillo, Willisms- reo first namod hamlots being sbout. thirco-quartors of milo apart, and tho latter sbout two milos bolow Haydousillo, “THE API'EARANCE OF TIE FLOOD, To thoso who maw {ho torriblo volumo ap- pronching, it looked in_ the distance as if o ter- 1iblo fire Was nwooping across tho country, Tho epray, or foam, liad tho nopenzmnce of hoavy, biacl smoko, aud tho decoption was ko complato that in the villago of 1 wville the firo-bolls woro ringing for n fow miputes bofore the do- vaatating fIood otruck th fown. The lons to tho induslrial ontorpriso i the vicluity mny be gafoly rockoned ot not loss than o million and a half of dollurs, and mavy of tha mownfactorion destroyed will probably novor Lo roplaced, 1n fact, all of {ho villagos nundated may bo éald to be litorally destroyod. All tho lorgo factorios and very many small ones are complotol5 wipod out of oxistonco. THE FONCE OF THE WATER, * Targe brick end stono mills crambied like so mauy pilos of eand, and smoll yooden dwellingu Woro no more to thé raglng current than 80 may toy stoamboata wonld bo in tho surging wateis of Ningora River. The scone wus most horriblu and frightful, and made even tho strongest mon go frantio with four. Womon faintod in tho, streeta and woro born away by tho relondless cur- ront. Bo sudden was tho inundation that many 1ot thoir prosonco of mind and rushed wildly from points of uatoty futo vory dout Jiselt Othors, who rontuined to #avo lovod and doat oncn, wore thoméclves lost. ONIZ PAINFUL CASE was that of Dr. B, N. Johnson, of Willim burg, who oized his bo cildron, and, i co puny with bis,wifo, atartod for o bigh prom Touco just outsido the villyge, Ife bevamo ox- Linustod, wud stopped for n moment to rost ; the flood_cdmo boforo Lo conld got away, and all ‘woralost, Lis wifo proferring {0 shnro Lis doath .rathor than avandon tho ones sho so dearly lovod. Thero aro numorous cases whora wholo familics woro swopt nway. Whon tho Herald roportor loft the scono of torriblo disnstor to-night, thore woro Lundrods of weoping mon, woien, und ohildren, going frantically up sud down in tho wako of tho lloo sooking for missing rolativon and frionds. Tho wator liad groatly rocodod, und by to-moirow it witl nearly disappear altogothor, THE BHONT DURATION OF THE YLOOD. Tu faot, it was ouly abouttwonty minuted from tho first inundation boforo thero was & porcopli- blo mndrapid fall, which ha continued avor sinca, - Aniong tho principal manufeoturing establish- montu syept nway in Willianwburg ure O, G Bpoliman's buttan factory, Adams & dlitehoool's graln will, o largo tminory, aud 1L, L. James' “woolen wmill, in which nonrly balf of tho opetn- tives woro loat, The bodios recoverod axo Lior-. ribly mnuglod “and mauy of them stripped of every particlo ‘of clothing, Nearly all wero idontifiod bv fricuds, THY BCENE OF THE DISASTER hon boen visited by hundrods of paoplo thin uftornoon, but it ls doubtful it uny traius aro to run froin pringfiold to nccommodsta hudrods who Were Lopiug to coma.Lioro from that clty. o York Sun Secil. Nournaurroy, Mase, Moy 17,—Just bolow Tioeis, on what Waau protty lawn callod Warnor's Flats), . vost amonnt of dobeis was collectod, A h:ludre(l mon, with ox-teams und borsos to move 0 hoavy' timbews, bogan work oprly in tho morning, In the first Lnithour fivo bodlos woro found, wnd bofore noon thirty wora unubriod from that spot. Tha oporatives from Witliamuburg, whaso loat ones bad ot boon reoovered, crowded tho Hitlo carpontor phop into which the bodloa woro oarrlod, nnd_ ALL WERE RECOGNIZED. although momo wora dinfigurod almost past Tocognion. I tho atrlug of vohiclon -ovory fow. roda Woro wngons contining ono,s two, and somotimos four coflined . bodiok on ' routo for (bo comotery, ‘for in tho wnivorsal boresvemont, fntormont followed nwiftly aftor tho recovery of tho bodies, and fanoral nervicos, exoopting In fow inateneor, woro disponsod with, At {sydonvillo, tho bodios woro Inid ont In tho Congrogational chiurch, Ly ing ldo by pide woro s mothoi-and hor two ohild- Ton; noar thom & mothor, hier married danghlor and her two ufant ohildron. Tho dond of thoso whom thoflood had loft dostituto wero buried at tho oxpenno of the town. Thodond of Willinms- burg mumbor_flfty-sovon. Tho Town 1nil was ihick with® the wuncofinod Dodies, women * mnnd children, Juincipally of o olurohos wore olotod, and pastors and pooplo dovoled tholr wholo' tima to tho caro of the dend, which woro romoved to the recolving- vault of tho comatory as rapldly as tho burial facllition pormittod. - p ONE PODT FELLOW WORKED ATONE | for an liour around tho wreek of his own houso, which wea enrried nway bolf s milo fram its plnco. Mo liftod up tho bonrda aud imbers yory carofully, pooring inoido thom o anxionsly thnt u throng 'scon assomblod oround to watch his movemonts. ¢ I'm hunting for my “wite," he snid, when “quostioned.: “Eho was in the houeo whon tho tlood enmo, and sho must be there now,” Thoso who tried to holp him wore searcely able to_do ro, becuuse hio wonld have ench bosrd lifted as carofully ns though tho body Iny below. Ho wroughi late into the afternoon boforo he loarned irl_‘nf lior body was among thoo found on Warnor Flnts. Tho gata-keenor of tho zoservolr says ho hins lived in constant oxpootation of a brenlt, and has often called g THE ATTENTION OF I8 AUPRRIONA 4 to its uneafe condition. Tho necidont hns cnused great apprehension mnnnfillhn residents along the west branch of Milt River, of which tho Goslien reservoir ig tho hoad, and which joing tho enst branch at Willlamsburg. It in {n all respeots imilar to tho Williamsburg resorvolr. "To-day, n_petition unanimously signed was sent to tho Company awning i, adking 1o lave it om])!lm‘l ot onco and tho dam strengthencd. Popular nlernhunA(ml ran 80 high that citizens threatened to take tho matter into their own hiouds and break tho dem. The Company prom- ised to do what is necessary at once. gt TESTERDAY’S 'DISFATCHES, ‘Suecial Dispatch to Tho Chicaso Tribtne. BeRINGFILLD, Moss., May 16.—Novor bas Weat- orn Massncliusotts oxperiouced anything liketho atupondons disastor which hag to-day lud wisto twelve milos of tho valloy of Mill River, in the westorn portion of Hampshire County, The shoclk foll with tho suddenuess of s thunderbolt from n cloar sly, leaving its vietims no opportu-~ nity to cecape from tho fenrful, all-ongulfing flood, The rosorvoir which caused this fonr- ful loss .of lifo and proporty was not tho luge ono in Goshon, as ' atated in o provious dispateh, but one of 100 acres ex- tont in tho Town of Williamsburg, and about 3 miles abovo the villago. It was constructed aix yoars ago Tt CRININAL CHEAPNESS ] by the Mill Niver Manufacturors’ Asencintion, a «combination of capitalists who own tho mills on tho slrasm below. Tt was intendod to sup) 1ys water in timos of drouth. Instoad of bllrl({» s ing o eubstantial dun_acrosn tho iavons, whore tho roservoir has its outlet, thoy merely piled up an earth ombankmont with a stone ovarflow. 1t a8 known full woll that tho aoil was of A CLAYEY AND TREACHLROUS CIARACTER, but falso_cconomy provailod_over sound jdg- mont, anl tho clay was askod to do tho work of 8tono. The rosult sppeurs to-day, in tho loas of a bundred lives and o million dollnrs’ worth of property in b fow briof hows. ¢ way woll- o nown {n all tho woction, now:-thd - ucena . of - a|.,:The-Internationsl fourful dovastation, that tho' lato Lieut.-Gov. Hayden, from whon tho manufacturing village of Haydenville was named, CONSIDEED TINS RESERVOIN EXTREAELY INGE- cunr, *; and had soveral timos oxprossod groat fonra that tho aloxder barrior which* sorvod ss n dam would bo swopt awey. 1lappy_would it have beon for thousandy of pooplo to-day if his coan- sols had hoen boodod. The most that was done, Tiowavr, was to biro a nian fo watch tho rosor- voir. Ithus boen known for fome daya past that the wator was leohng through tho embaokmopt, but tho fact docs mab acom_to hovo boen given duo fmportanco. T.ast night thoro was o hoavy rain, filling tho Togervair to tho brim, and soon aftor 6 o'clocic this moroing the watehiman was torrified to find 118 WHAR SUPPORT GIVING WAY, and n mighty torrent of wator pouring ‘out. Hastily mounting & borso, hio drovo with tho ut- e -t possiblo speed to Williamsbure, shouting to ovory ono to floo for thoir livos, as tho torron would " scon bo mpon them. His horso wis 80 urged logond ‘his stfength thnt tho animal xfiru)’l]'m(l dend in tho stroets of Willinmeburg, Procuring suothor horso, ho dashod on to Bkinuervillo, & littlo villazo noxt intho petly of tho 004, spradiug dismry in overy direction, IT WAS A FRATFUT, IDE, with tho forront roaring bahind him,—n race nob for hig own lifo but for tho lives of othors,—nad almost us worthy t0 bo immortalizod in_vorso wt Shoridan's rido to Winchester. Learing down to tho Tittlo villago, bo ehonted tho tdings to Williom_Bkiimer, propriotor of tho ilk-mills, who instautly aAVE THR ATAR by ringing tho ell of- his fuctory as for firo. His oporutives, rushing out, woro told to run for their lives to' tho bills which surround tho vil- logo, Thoy had scarcely timo to do 5o bofore tho flood ind s BWEPT AWAY TIIE SILK FAGTORY, only a fow ruing mmsinlul{ in tho track of de-~ vastation to show whero it had stood. Up to this time tho flood kad swept across one corner of Williamsburg Village, and hnd carriod off tho only factory in tho littlo sottloment of Skinnorville, THE NEAVIVST 11OV, o fur a8 tho dasiriction of projorty was aou- cernad, romnined for tho thriving villaza of Hay- denvillo, whera woro lacated tho principal man- focturing establishment of the 'own of Wille inmsbnrg. Horo wero tho brnss factory of Hny- don, Gero & Co., nnd Hielargo new offico build- ing ndjoining, in which wi the Heydonvilla Savings Bank, Both of them were large, sub- stuntinl brick buildings, but thoy stood up no more ngainst {ho flood than paper houses would huvo done, Thoy were HIWEIT OLEAY. AWAY, and with thom tho safe of the Kavings Dok, in which wan £85,000 fn money. Nothing has boon soen of the safo or monoy sinco. Tho fores of tho torront at this point may bo fudged from tho fret that a largo boiler was ‘encriod sovoral rods, and holsted anto tho vorandah of Lho Haydon ‘mansion, whila auother boiler was churnod full of mountain trecs. . ON BWEPT TIII CURRENT, oarrying off Elam Giravos™ atoro ; tlso Enmes' Atoro, sovernl Lioustos with thelr occupants, & part of Loomis' Hotol, 'homas Hoydon & Co.'s tobaceo factory, aud b0 fron bridgos, TIENE WAS A TERRTILE 1,038 OF LIVE at Loady, tho noxt villago oncomntorod by {ho flood. The first itimation recotved thoro of the imponding disastor was o torrlflo roaring as of & train of oars paseiug over u bridgo. In anin- stant down came tho torront. At flrut np water wan visible, bt A WALL OF BIIFTW0OD, THIRTY FERT TIOK and eoveral hundred foet wide wus seon swoop ing down the valloy at tho tato of twonty miles anhonr, Tho flocd first carviod off Lho dam and a portlon of tha works of tho Montaguo Bilk Compauy, und then struck the Company's board- ing-liouso uear tho uppor atore. Horo OAPT. VAUGMN, THE DRFOT MABTEN, AND TIOLE WOMEN lost tholr livos. Tho lust soon af Viughn, e Jumped from the L info tno main part'of tho ground-story of the bmilding as it partod, and went down With tho floud, o water hore way a8 high as {ho floor of the uppor stota, Thn bridgo aud lower dam wont uext, and tho flood thon” wiuok Blaln_strcol, loaving only thice houses standing, Hero wes ‘TUB GREATEST LOBS OF LIFL. Womon and children rushod out of doors only to bo swallowed up in tha fonrful flood. .Ouly two minutes' notice was given to tho houds in tho gillemill, but nomly all escapod, though oight o ton mot donth on tho stroot. 'Ouly the chiinnoy of tho mill rornius of the building. Lho woodan mil was oot to lite up in tho contro ang : CRUBIT TOOETHER LIKE AN EGG-SNELL, and in & moment tha brick wall crumbled as it buils of dust. The bollgr was carriad nonxly tonyods, Myron Bmith, {one of the owployos, rushiod Into wator-olonot in tho second atory of tho briok mill. Tho olosot gras cluso boatde tho ohimnoy, and did not go with tho mill. Hmith pounded s Lolo through tlie briok wall with bis #ints, and wos noon scon wildly ‘WAVING TI8 HANDS 70 III8 FRIENDS. Ho wan aftorwards aavad. Ralph Ishiam and o girl sworo atandivg nonr the door, whon & young man rashed up, and, giving the girl Lifs biind, called on hor to run, ' Inhnm £ald, ** Gome into the mill and shut the door.” Tho girl rau an askod, and Isham went back and was 4 SELY KO MOLR ALIVE TTo hind boen only throo months in town, com- ing thathor from Draoklyn, N, ¥, 1o was 88 years old, and was formorly emplogoi in tho Broollyn Custom-Iouno, Tonnessoy’s lowor store ot Leods fs gone. The olotk, Ohnrloa Brady, way catriod down the #tream, Ho caught a tres, aud wont ovor Hook's n, DIDDING 1118 AGONIZED FRIENDH (0OD-IYE 88 Lo passed his homo, Ho waa afterwnrds fonud altvo and insano in tho Floronco moudows, but he Lias sinco recovered. ‘Tho flood brondening on the Florenco Mend- ows, & largo number of doad bodies woro found thore. As fauk a8 thoy wero taken out of | tho water thoy wero carriod to Willism Warnor'a carpontor-shop, on tho Floranco Road, for idont- ifiontion, Tho scona liero was porfootly honrt- ronding. Ou tho floor, in irrogular ordet, lny IQITEEN GOntAES O ALL AUED,” from the child %'yoxm old to tho woman. of 70. Noor * tho door, with n fearfal gash in tho forohodd, was tho body © of Ralph Tebom, the booldeopor of tho Critoblow Button Brill. Over in tho oornor was the widow Fitzgorald, wiule all arouad woro blnckened corpacs with tholr clothoa hielf torn off, and in somo ustances orribly mangled. TUE FINANCIAL 0SS in searcoly loss than_ 1,000,000, and may even exceod that. A P, Critohlow aud hisson-in-law, Georgo Wamor, loso §100,000; tho Nouotolt Silk Company, $26,000; W. ‘T, Quigloy, $10,000 in liouso, bard, and ook, Mz, Quigloy bupposod bis family wero lost za 110 eaw thom rush back into tho howde aftor tho fiood camo, but nftorwards TOUND THISK AL SAFE in tho soconi atory of tho I, twonty rods down stronm, Had fhoy remnined in tha front pnrty all would lavo beon lost. Inuil fiftoon bridgos ara gone, TWELYI: FAGTORIES AND SEVENTY-FIVE DWELLINGS awept away, and 400 poopla loft homolons. Tho loss of iifo probably oxcocds ono hun- dred, fitty bolng drownod at Loods nlono. Hun- dreds of “horsea and cattle woro drowiicd, and thousands of ncres of Iand covored with dobris. Tho town of Northampton loucs 850,000 in. bridgen eud roads. TIE 1053 AT WILLIAMSDURO AXD HADENVIELE canuot bo stimatod na yet. il. L. Jmmes’ woolen mill st Williswoburg is” standing, but il around is swept clenn Only two houses aro loft Ktand- ing nt Skinnorvillo. Tho Hayden Manufactur- ing Company's mill stll stands, 70 the Assectated Press,) Dostow, Moy 16.—Tho mills on the stream, reokoning from Willismsburg down to North ampton, fire 38 follow 1 Mr, Thayer's tool factory, 26 men, and_two buttan- factorics, “Total, 30 hauds, men and giric, The corset woolon mill ‘of Henry Jamos employs abouLG0 hands, : o Jargs brien works of Ilayilen, dero & Co, em= loy about 300 hande, and fs, perbaps, the largest and Ueat appointed factory of tho kind fn tho- United Stalos, It was formorly tho property of tho nto Livute Gov. Ifasdon, Tiia cotion-muill of the Hayden Manufacturing Com- ‘pany, 5,000 splndles, employing about 80 Lands, Tho Diumlona ~ Tobacco-orl, - ompiosing 16 o 20 snds, Tho' two extensivo ailk mills of tho Nonotuck Stik Company, emploving 300 hands, : Lo lnrgo brick mniil of tho Northampton Branch Company, omployiug sbout 60 or 76 hends, Tho colton mill of the Greenvillo Manufacturing Compnny, 5,000 Kpfudles, awployiug meveuty-Gve ot elglty hvnde, Tho Nortlismpton, formorly Bay State, Cupery Cgmpany, emploing probabiy 200 hands. 3 ‘The Clement & Hawkes Manufacturing Company, sqicuturnl implomnts, ompioying ity Hande, il Schew-Rall Gompius, enbloyiug EYULy-0YG HENUS, GNd {0 1arge busket factory of tlig Willfsius Iannfscluring Compzny, omploying wbout 100 hnud ; olno, the SKinner sl tail, employug Aty or sixty Innds, Bosides theeo thoro aro somo half a dozen grist and saw-mills, somo of thom of considerable :ntmclfiy' ‘which aro within rango of sho dovasta- ion. THE MANUFACTURING OAPITAL ISVESTED along Mill Bivor, and sffected by this dishster, placing it at o low eatimato must bo 95,000,000 ; and tho finwediato population sullring is about 6,000 The population is almost wholly » manu- facturing ong, whiol Las grown up around the dams, The heaviost loss of this disastor will Tall upon tho cstate of the late ex-Gov. llaydon, who died n fow months since, Onoe of tho mills wait rocontly old by tho oxccutors of the estato.’ ANOTHEL. ACCOUNT. NonriawrroN, 3Mass., May 16.—Not far from 8 o'clock this morning tho peaceful rosidents of Williamsburg wero startlod by tho apposranao of ahorse doshing madly through tho treets, whilo his rider shouted to the pooplo to oscape for hoir lives, for the ros- ervor bad gisen awsy, nnd the waters wero coming down upon them, _Searcaly comprehonding tho drendful tidings, but with tho instinet of_ nolf-prasorvation strong within them, the people began to ek ffom thelr Lowmes, while tho fonm-flecled avital that had so gal- Iontly brought tho messongor suk to tho ground oxhausted. = Another horso was quickly eocared, and tho meseage was borne to ofher villages, but the nlarm was so suddon that all did not here it, and scores wore CAVGHT DY TIZ BWIFTLY UOLLING waters, and nged granddemes, innocant children, and strong men wore altke overwhelmed hi' tho flood, or crushed beneath tho falling walls of thoir housos, Up among tho hills of Goshon thoro was & largo rosorvoir of nbout 104 acre in oxtont, where tho various mill oporators of Williams- burg, Spinnowville, Haydensvillo, and Lceds wero wont to stora thele summor supply of wator, Poople Jiviug in tha vicinity of the dam say that it hes beon LEAKING SORE OR T3S for soveral weoke, and it js belioved that, bav- ing thus gradually undermined the dam, the water acquired o strong headway, sud suddonly tho dam gavo way, and iho imineneo body of watoer poured out in its strength, carrying evory- thing befora I5. Tho torrent RUSED UPON THE DOOMED VILLAGKS with a loud roar, apparontly u largo advancing Dillow of underbrush und dobris_irsning rapidly through tho duns gorga to tho mem of 40 feet, and n(;nln spreadiug over a wido oxpanse of seothing, angry waves as it ronched the moro open coutry. ~TNeaching the_ heautiful villigo gl \V;l!inms urg, some two and # half milos dis- uut, it ' WTHUOK A BNALL DUTTOX FACTORY, swooping it out of existence, Noxt, & saw and grist-mill waa attackod and meltod,—not a von- tigo remaining. Houscn, burns, and shops fol- lowad, like grass boforo n reytlo, and mon, wom- on, and children wers cought aid borno' nway htruggling nnd shrieking in vain., Ono of thio waves WEPT TO RIINKENAVILLY, tvo miles distant, o sillc factory belng urlod dlown, and s Lygtton bollor Loing carvied nourly half o milo and Janded high and dry. 1IN HAYDENVILLE about ono milo further on, the bank bullding, & threa-story brick structuro, was Awopt away, scarcoly one brlak hoing left upon anotlir, the monag in the vault eharing tho samo fato, Tho smaller village of Lioods, botwoen onoand and éwo miles dlstunt, wos tho hoxt placo to sul- for, end tho sconos % Williamsburg and Hay- densvillo woro horo roported. "A short distance bolow Rteods wore 5 40 IBIDGES, ane of iron andona of stotio, both noarly 50 feot above the bed of the stronm. ‘They woro both swopt away, tho formor hoing onrriad bodily and & Conslderablo distanco down {ho stream, ore tho grontast dostruction appoars to- bve stopped, although siong tho rivar, until it emptied_into tho Connocticut, a short dintanco bolow Northampton, tho bavks ara covorod with all munnor of dobris—timbor, troos, plauos, tablow, oliaits, sud other furniture, Tt fis estimatod that KLATLY 100 DompINGs wora destroyed, and the total loss is from ono million to o million and & kalf of dollars, nl- thougt of courso it fs. imposslblo to acourntaly catiute tho damugo. A Wyoming IHall. Bisn ——, from Wildw's Uuleh, was ole- gontly atlrad fn & handscuo butt ghongraliod uokakin drems, with ariuyblankot oyorskirt, 1oopad up with bucksbin svings out bise. 1Tl dressed a 13 Tod Cloud, tn which was twined & fow aprigs of sago biuel tha whole sacurad bohind 5 » bunch with ¢'handsomo pin mada with a pine spilater and a baffalo's oar, Sho wore I -| Madrid’voy that tire now Government intends to an elogant mountatn oat-sln oap, fostooned with antolopo talls, soourod undor tho chin with a rattlosnnko mkdn, Llor foot wora encasod In buckskin moccaslng, ornamontod wills boads and soldior-buttons. ' 8lie oroated a blg sona- tion us ko onterod the ball banging npon tho arm of Mr. If, Barton, of Hailvillo, who & droseed In tho ntylo of hin locality—bug) n brooches inboots, hunting-shirt of tho & omamented with Boads and tobacco julos: army bolt of the Intont pattorn sround &3 weait. geonring o pair of alx-abootors and s | s, bowlo-knife, which aot off hia_gallant. fiue good ndvantago. Envious glances from = noxos followed this Lundsono couplo round 3 Dnll, Boveral Indios and gontlemen' from 24 mining distrlots woro presont and oxpro, &1 {homeolven woll plossod with tho mamng %1 whiich tho party was conduotod. Their frond 5 exolamationn of dolight, such na *Prod Lot Bot,” * aint it frult, though,” * hopp la," i plninly indicatod that. ther woro snjoyia; th golvos in tho bast possible mannor.—LRarsns Correnpondence Zaramie (W. 1) Independent. FOREICN. The Fronch Ministerial Crisis. < Rumors ‘of a Rostoration of "the Mon- avchy. FRANCE. . PARtg, Moy 17.—Previdont HMacMalion hos ao- copted tho rosignation of the Do Broglio Cabl- not, and has entrusted to M. Goulard tho forma- ton of a now Miviofry, which is espeoted to bo comploted to-morrow. . Gonlard, on accopt- ing tho Promiorship, doclared his polioy would bo to carry conatitutionnl-bills through tho As-, eembly and completo tho organization of Mag- Bahon's-powors. 1t 1 roported that 3, Goulard §s formiog tho now Govornmont from the Right Contro and Conscrvative portion of the Lef: Centro. M. Alnguo and othors of tho lato Dlinistry will Probably bo rotainad iu ofiico, Tho latent_sdvices from Voraailles montion Goulard na Ministor of the Interior; Count Choudordy, of Yorelin Affaita; Magns, of Ii- nanco: Mathiou Hodel, of 'Public 'Works; Doscilligny, of Commorco; Des Jurdins, of Education ; nnd Gon, Bortand, of War. Tho Republican journals htrongly urgo tho immogiate dwwolution of tho Aswombly, which thoy doclure povorless to contituto auything. Thoro is o mumor that tho Extremo Right fn- tond to movo the restoration of tho monarchy, sad, it tho wotion fulle, will vota for tho disso: ution. ‘Iho opinfon is gonorally exprowsod that tho Liopitimist party iu tho Assombly, by ity vote of Triday, committed wuicido. 1t I asvorlod thot theic policy was inspired. from Frobidor(. ' Tho division Lotween zho Moderato nud Extrome Tight rondors probable na allisnco botweon the former wection und tho consorvativo wing of the Loft Contro. A now mejority may thus bo con- stitutod which will support tho ucoming Govorn- mont and enablo it to g0 on with tho oxecution of the programme of tho soptennnt, aud byin about tho wpeedy adoption of tho Conntitutionn} Dills, Itis not thouglt that Lhere is any im- madiato prospect of tho dinsolution of tho An- sembly. Tranquillity provails throughout Franco, and DPresident DacMabon's power i8 une queationod, i Sty SPAIN. Mapem, May 17.—Gen. Conchin is appronching tho Diver Thro, and his_hendymarBen will b traunforrod to Miranda, whithof stores and ro- sorves aro boing forwatidod. ; Davonye, Bliy 17.—Tho Cerlists aro haress- ‘i tho Rupiablicaun'a thelé foteenchmonts nerr ilbao. - Toxnox, May 17.—Special dispatohes from rovivo titles of novility and to subsidize tho clrgs. — GREAT BRITAIN. X May 17.—A collision o reported on tho railwhy at- Merthyr ‘Cydirl, Wales, botveon n conl and a poesonuger (raiu. Forty porsons woro soriausly injurod. T.0xp0Y, May 18.—Tho Steamship Chlabria, which _eniled ~ from Quoenstown, ycaterday, took out ap o passouger Capt. Tylor, who goos to Now York to iuvestigats tho ELrio Roilway affairs. Tho stcamor Frraday with tho now Atlautio’ talegraph cable, sailod from Gravosond. Tho Czar's nephow, who was arrosted in 8¢, TDotersburg for a theft of diamonils, is the eldost fon of tho Grand-Duke Conotanting. Loxnoy, May 18.—Tho Czar wont_to Windsor estorday, and bado farowall to the Quecn. . Yo- Uy ho visits Guildhall, All tho flags of tho city avo flying. Tho Times and ofhior moruiugy ppors aay tht tho improssion that an_oarly dissolution of tho Trench Assombly is inovitablo hourly gathers Btrength. CHILI. Niw Yonr, Moy 17.—In Valpnraiso, 18th of Agpril, thio afTair of the stomnor Tacun etill ocou- piod bublic attontion. ‘Tha Chilian authorltios ngist that Capt. IHydo s responsible to Chilian tribunale. In reply to {he protost of tho British Ministor, the Chilian Toreign Minister stuied that ho could not interfere with the judicinl affnirs of ho country. Tho imprisonmont of Hyde scems 10 bo indetlnite. o VICE-PRESEDENT WILSON. Idis State of Xlenith amd Intentioms for (lio Summer, Syectal, Dispatch to The Chicago Tribune, Boaroy, May 17.—Vice-Iresidont Wilson did ot lenve for Californin on Friday, os it was an- | nounced ho would do; noither is 1t hiy inton- {10n to visit that scction of the country ut all at present. Hao dinod with the Bird Club at Park- ot's yoaterdny, iy healtl Is not fully vestored, but bis physician belioves lim tobe in a great dogroo recovered from the offects of bis attack of Inst yeor, It i Mr. Wilkon's inteution to mako tho. coming four montby, ns nearly as possible, w | fowson of T enliro iest. o will' uadertale no labor with bis pon, exvopt attending to such corrospondenco ag ho fecls it fmperativoly o necessity to roply to. e meond to kpoud purt of the summor at the seastde, to mutko o vieil to s bisthplaco ju Now Ihmp!hlxu, and will also eofourn o fow days at tho Waukeahu springa in tho vicinity of Chicago, fram the wators of which Judgo Chaso folt thad o optained considorablo reliof aftor his attaclk of asimilar illnces, Ile may possibly be in Washington accusfonally for ‘brief poriods du- ring tho summer, His facility in composition iu a6 porfect uy over, and he is consclous of no il offccts from tho offort, but ho i advised to be cautious in this kind of exer~ tion, Mr. Wilson hus a disinclination to visit Europo or to make n long journoy in this conn- try, and 1t s not deomed. necessury to his lioaltl tlnt ho ehould take cither couree, provided ho cxorclges proper caro at home. Mo wout fo East Watpolo last night to spend the Sabbath with hin friond, the Hon, . . Bird, FIRES. At Whitestown, fnd. Snectal Disvaleh to The Chicago 'I'ribune, TXDIANATOLIS, L., My 17.—A cortespondant of thu Sentinel aunounce th. destruction of the Roms grain waranouso, » enbivot-sliop, and tho dwolling of Mr. Iollor, nt Whitestown, on tho Tafayatto Railrond. Loss, §5,000; insnred, It Is bolioved tq bave boox tho work of an in- condincy; s au atlompt was mado & wook ago to burn {hie sumo proporty. at (“""“l"“{g;f‘» e Special Dispateh to I'he Chivago Tribune, Ounantesnan e May 16,-A- colorod Baptist Oliaron 0 this oity, burited 63 p. m, to-day s thie Imdoubiod work 6f u ingendiary. Lous, abont $1,400; 1o insuranco. el CANAL NAVIGATION, Speeial Dispateh to The Chicago I'ribune, Dovkaco, May 11—, luxtods now steam canalbont " City of Now York,” compoting for fhe £100,000 Stito prizo, nrrived oo Saturdny, hving thado tho trip from New York in six dayy and o half, all told, aud about fivo and o half ¢ Chicago Daily Teibune, NUMBER 268. WASHINGTON. The Finance Bill in the House, Text of the Bill as Finally Passed by o Senalo. The Distriot Investigation Drawing to a Olose. Washington Newspapers Acknowledge the Magnitudo of ‘the Errors in Measurement, ‘e The Rebel Archives and the Ge= : neva Award: Rwnor of Grant’s Return to the Army. THE FINANOE BILL. WasizNatos, D. C., Moy 17.—No attempt was mndo in tho House yostordsy to tako up the Son- ato Fiunnca bill No, 2. Tho Dunking ond Cur- rency Committeo lind the blll undor considera- tion yosterday, but fallod to agree as to what should Do = dono about it. Anotber mooting of .tho Committeo will be Told ! to-morrow moming, whon 1 decle: ion will probably be ronched. A maforlty of tno Commutteo fa supposad tobo opposod to tho bill oy it stands, and will endoavor to nmend it beforo recommending sction by the_Honno, An attempt will likely bo mndoto put it on its pussage under susponvion of tho rules to-mor- Tow; nt all ovonts it will bo callod up for action in the courso of . fow dyn, d It is understood that Kelley will inslst on put- ting his 8 65-100 couvortiblo bond proposition into the new bill. TEXT, OF THE TINANGE DILL PASSED DY TNE 3 SENATE, "he following is tho toxt of the Financo bill which paseed the Honato May 14, with all the amoundments fngerted : Bo 1t onaclod, ete,, Thnt the “Act {o provide natlonal currency hocured by a plodga of United * States bonds, nd to provide for_tho aroulstion. und redemplion thoreof,” approved Juno 3, 1664, shall bo herenfter known na the Natlonal Bauk Act of' 1864, Bso, 2. That Soe, 41 of the National Bank act of 1564 bo so nmended that the several sssociations thero- in provided for shall not hercaftor bo Tequired o keop on hand any amount of money whatovar by reanan of tho nmouut of thelr respectivo circulatluns, but the moncys required by said section to bo kopt at all times on Lind shiall be doternned by the amonint of deporits 4n nll reapectn as provided in tho sald scotion, aud any nationnl anking association, now organized ot here. nfler o be orgenized, shall keép and maiutain a & itk uf its reservo one-fourth part of the coin rn:ll"l] by it as futerest on Lionds of the United Btates doposited uvl\;unfl!y for circulatiug notes or government do- posits, frc, 3, That Becs, 91 and 33 of the eald act s amended by roquiring that cach of the said arsncin- tions slill, within ninety days aftér the passage of thia nct and therouttor, keep ifs Jawful money reserva ‘within it own vanlts st the nlace whers its oporations of discount and deposit nre carried on; and nll the proviulons of the said sections roquiring or permitting any of tho sald associations to keep any porlion of 14 lawful inoncy resorses olsowhers+than in its own youlty or roduiring or nurm%‘lng tho redempMgn of 115 c] lating noles €leewhord” Suan at its own Coun- torn, oxcypt o provided for in t¥ls acty are hereby ro- pealed, © Bra, 4, That Hoo, 21 of the said act, and the zeveral ameudments fhoreto, so far us they roatrict the aniount of noles for circulntion under safd-acts, be, und the kume arc bercby ropealod, and tha provisy fn (1o firat acotiom of $he Aot APPROVEd Duly33yAMOrwm-. tilled * An act to provide for the redemption of tha 3 per cent temporary loan cerlificatos and for an increaso of Nntjonal-Bavk notes, probibiting to banka therenfter orgonizad a cirenlation of over $300,000," nud the proviso of the third scction of aaid act Nnii- 1ng tho elrculstion of banka suthorized to lsoue nutes sedeemabla in gold coin to §1,007,000, znd Sec. 6 of At relating 1o the redistribution of $35,000,000 of of inting notes be, and the samo nre heroby re- pealed; that every assoclation Lereafter: orgnnized #hull be subject to'and be governed by the rules, roe atrictione, and Mmilatlons, eud poseess tho rights, privileges, aud franchises now or horeafter to bo pro- geribed by law as to Nntonal-Banking sssociations, with tho sno power to amnend, alter, aud ropoal pro- wided by tho National Bauking act of 1804, Suc, b. 'Chat every amociation_ organized or to be organizad undur the provisions of thosind act,and of the sevoral ncts in anendment thoreof, hall ot all times koop and bave on deposit in tho Treasiiry of the Unite d Btater, in lawful monoyof tho United States, & sum equal {o 8 per cent of dth cirowlation, to bo held anc uged only for the redemption of such efreulation, nnd when the circulatiug notes of any such organizstion or agsocintion shall bo ]vmmlod for redemption in swws, of $1,000 or any mulitipio thereof to the Treasurcr of tho Unitod Btates, the sawe sball be redeemed fn Unlif- cd Slates noles. ' All moles #o rulcomed aball by chiazged by tho Comptroller of tho Currency to tho Teapcetiva askoclations fssnlug tho ssme, snd bo phall olify them noverally ou the 1nt duy of cach month, or oftencrat lis discretion, of the smount of such redemptions, whereupon each esocintion o notified shall forthwith doposit with tho Tress- urer of tho United States a sum In United States noten equal to tho amount of its circulating notes 80 redeomed, and all notes of National Banks worn, defaced, mutllated, or othorwiso unfit for circulstion aball, when recoived by any Ausistant Tronsurer or at nuy designated-repository of tho United States, bo fors warded to tho Troannry of (ho United Btafed for ro- demption &8 provided licrein and when such 1edempe tions Liavo beeu a0 relmbiirsed tho circulating notes so radeemed shinll be forwarded to the respective associa= tiony by whom thoy wero lasued ; but if such notes ara worn, mutiluted, defaced, or vendered otherwise unfit for uso, they shll bo forwardod {o the Compiroller of 1ha Currency and destroyed aud roplaced a8 now pro= vided by Inw. Provided that each of said sasociations shall relinbutzo fo tho Treaeury tho churges for trans. Formllun i the cost of assorting said notea ; and Lie arsociations, hereafter organized eholl also soveral- 1y relmburse o tho Treamury tho cost of engraving such plates #s_sbinil bo ordered by each aseociation re- spectively, and (ke amount assexced upon onch assocla tion shall bo 1u proportion to tho clsculution redeemed, o ehargged {0 tio fund on dopostt with tho Freasurs er, - Bro. 6. That any nssoctation organfzed under the * ct of Wilel this Js an amendment, desiring to withe draw its ciroulating notes in wholo or in yurt, may, pion the doposit of lawful money with {ho Troaoures of tho United Statos, fu_sums of uot lees than 2 000, take up the bonds which said assoclation bas on de= 108t With the Trensurer for tho security of auch cir- culating notes, which bonds sbull Lo assigned (o the bank in'the manner apecified i the nincteenth soction of the act of 1864, und tho outstandifig notes of snid assoctution, to an amount equal ta i legal-fendor notes depositod, shull be redeomed at the Troasury of tlio United States, and_dentroyed a3 now provided b Javw, provided tht o amount of th bonda on deposle for clrenlation shull not ho rodiiced elow $30,000, BEC, T, Tho Comptroller of tho Currency shall, undor sileh. regulntions s 1o Hecrotary of tho Treane ury sy proserive, canse thp cliartor number af the eamactuiion Lo bo priuled ugun o)l Notionsl-Bruk uotea wliich mny Lorentter be {usifed by im, ‘ant tho ontire omouut of Unifed Sinten anding and in elronlation at_any oue {mo ceeed the sum of $382,000,600; and within Airty duys after circulating notes to the smount of $1,000,000 sholl from time to timo bo fssused in National Bauking srsociations under {his act in oxcesn of the highest outstauding volume thereof at any time prior to such i 4t shall Lo the duty of the Hocro- tary of tho Treasury to retiro sn amount of United Btntes noteo equal to 35 per cent of the circulating notea so {ssnod, whicl aball bo fu reduction of the anaxiuum sinount of 353,000,000 fixad by this scction, aud aiteh reduotion shall coniinue wotil the maximum amount of Unitell States notes outstanding shull be 300,000,000 ¢ and for that pu!’)u!u lio is authorized o Tesna sud sofl ut public sulo, after ton _dsys' nntica of 1l Himo sndl pluce of galo, & sufilcient amount of the bonds of tho United States of the charactor and seription prescrided fn this sct, for United Stal notex to be then rotired and causcled, 0.9, That on aud after the 1st doy of July, 1818, iy holdor of United Statos . notes to tho amount of $1,000, o suy multiple fllul“!ol’y iy present thom for Juiyment ot tho oilice of tha ‘Irexsurer of tho Unflod ¢ the office of the Asclstant Treasurer ak y of Now Youk, aud thercupon tho Sucretary of th Trassury sUall, i exchaugb for sd notes, deTvoe to such holders an equal amonnt of couywn or regive tered bonds of the Unilad Btatos, in ancl form as e tuay proacribe, of dennminations of $40, or Fomo muls Upfo of that siim, reduemably fn coln of the prosent etunderd valus' st the pleasuro of the United Sliles Aftor fteon years from the dals of thele fssuo, wnd Lesring interest, payablo quar. torly in mich coln ot tha rato of 4% per cent 'mr sunwn g and (ko Socretary of the Treasury aball anive tlio Uniifed States notes so resorved, or if thoy sxe cuncoled Lo shall f#suio uotex to th sume nmount, withier {o purchase or rodoom the publio debt at par ol or to meat Lo crrent maymionty for the piblio servlce, aud tho satd bonds aud the fntereat tioreon #hull 13 oxempt from the yment of all taxos or du- tiew of the Unitoi Blates, as woll as from taxotion in suy form by or under ftate, municipal, or local & thorily, ~ Ahd the said boud shall have et forth and. oxpreasod upon tholr faco tho wbove spocitied. condi- Uichu, and elial, withs holr. coupous, b mado payibla ot tho Treasury of tha United #tat provided, how- over, tliat the Bocrolary of tho “Trexaury, i ol of days' running time. ' Thie is the fastost timo on record for & canalbont, ‘The *Nevw York" Ioadod with 7,600 bushels of coin and atartod baok for Now York late Buturday night. By, Bazter lusenda runuing hor Ngut along, Bitoly bondy, uny zolcain 5ald notos in tho ol coln of ot shatl be construed i 9