Chicago Daily Tribune Newspaper, September 26, 1877, Page 2

2 THE CHICAGO TRIBUNE: WEDNESDAY. SEPTEMBER 26, 1877, HE SAVINGS BAN ~the bost {nterests of the depositors or the pub- Iic to allow the affairs of the hank $o be paraded beforo the public by piccemcal, as had becn dong n some of the other instances. The pub- 1ie would, according to what Mr. [lurd drnomi- nated the ‘‘plecemeal method,” get an en- urclr, erroncous view of the matters of the bank, When a complete statement could be made, a statement showing the complcte comlition of the afairs of the bank, then he would be entirely willing that the public should got_Ita wformation fn this way. The Court replied that be had given dircctions Monday that the order should contain & claueo requiring the Recelver to sscertain and report, as nmmpugnr possiblo to the Court, all tho ns- seis of the bank, Mr. Hurd hiad not all us say yet, anid proceed- ed toInform his Honor that the reports made tr the Court wonld be official, and wonld be un- deretood by tho public, but those constant, dribtling reports made through the roporters scemed to him to affoct the public's interests unfaverably. The unly reply of the Conrt to this lnst out- burst, deltvered as the lawyers wers plcking up their lmu and-loaving, was, * Come, gentlemen, ler's get to business now.”” Thus irnored, Mr. Hurd crept away, probably to post off after Dr. Turpin, and command that gentleman never to Lreathe a syllable of news to any zodless ro- porter. DrSTurpin, the newly-appointed Recelver, Is an old and well-known citizen, who has had ox- lw:ricun: inthe Recelvership businecss, havin had ehagre of the defunct Atlantic & Pacitlc Fire-Insurance Company. Judge Moore was well acyuninted with his quatitications, both of them having come from the same State—Ken- tucky—and both belug -membors of the same church—the Third Presbyterian. At 2 o'clock Dr. Turpin appeared before Judze Moore, and, stating that his_counsel was out of town, asked that he be allowed until this morning to file bis bowd. The request was granted, otul the Recelver left tho court-room to devote the sfternoon to hunting up sureties, In doing which it is understood he experienced no iculty. . ATOUND TIA NANK. A dead calm, untroubled by so much as even a ripple of excitement, yesterday suceecded the troubled watars of the day before, The failure of the Fidelity had set nll doubt and un- certainty at rest, and pcople were lelt to contemplate what was, and not to longer indulge in fearful forebodings of what mizht be o few molancholy Individuals, mourn- Ing as thoso who would not be comfocted, visle- ed'the placo where their eavings were stored entirely to errors of judgment fn regard to In- vestments, and to unlurescen shrinkages in valnes. He did not expect to find vy crooked- neas, but if be dil the crooks would hear from him. Of courre it was too carly to grmlld. what the depositors wonld probably get, but he was disposed to think Mr. Derfckson’s estimates rather unfortunate in that they might represent things in n better light than the: renl‘a were. Tn these days a concern that eould pay 0 centa, and even 80 or 70 cents, on the dollar was HEGARDED A8 PRACTICALLY SOLVENT, and §f the Fidelity, according to_Mr. Derickeon, would ultimately pay between 0 and 80 cents, 1t was the first tima he had ever heand of n bankrupt coucern doing that much. He waa rather afraid himself that the depositors wonlit not get over half that much, although the books and gasots might turn out better than he imeg- ined. \ Mr. L. J. Gage, Cashicr of the First National ‘Bank, explains the notiee posted up on one of tho Fidelity windows, to theefTect that his bank will cash all drafts drawn on the Fidelity by Smith, Payne & Bmith, London, s follows: 41t ts the habit of forelgn banks to ‘value? onus licre. We pay their drafts and they place it to our credit there, This ercdit we can dis- posc of topartios there, or realize on by draflts Dinilar to thelrs, Tho Fidelity was In the habit of dolng the same thing. “Bmith, Payne & 8mith were thelr London correspondents, Now, many of these forcign drafts are in transit, and, of course, aro vold. Thot ia n great fncon- venlence to the partics here holding them., We have undertaken to meet themn. The Fidelity owes nothing ta 8mith, Payne & Smith; on the contrary, they have about 1,800 or £1,000 to their credit. "Wao fntend to meet these drafts now in transit, any, after they are pald, to stop. Wae simply do [t to prevent nconvenience the partles holding the drafts. It is amutual sourve of profit to us ani the bank {n London." MYERS’' BEE-IIIVE, TNB PORTLY DANKER AND **PIOCION.' Evorybody whoeverwent into the Merchants', Farmers' & Mechanics' Bank, especially the President’s sanctun, must bave noticed seat- tered around in (nfiuite heaps a little pamphlet, the title of which wns ‘Hard Times: Thelr Cause and Cure, by 8ydney Myers.” Therels a little story connccted with this pamphlct which there is no barm in telling now, and which may amuse pome of the disconsolate de- positors who don't know how to get thelr money out of the baok. In Docember, 1875, Mr, Myers, who was then statement can ba given for the Information of depositors. Jl"hcrc will be & meceting of varties holding fo- vestment-certiticatesin the Merchanta®, Farmers® & Mechanlcs' Bavings Bank at the Palmer House nt B o'clock this evening, Gearge E. Chandler, ‘Trustee, 18 invited to be present. BURING BTOCKIIOLDFERS. GOING FOI IHATNES, GAGR, AND SIUFXLDT. The savinga depositors jn tho broken banks arg Jearning their losson with wonderfal rapld- ity. After tho State Savings Institution went under, it was & week or more bofors any sults were begun against §ts stockholders, but the Fidelity had not even had its funcral services performed before the President, J. C. Balncs, the Vice-President, Jared Gage, and one of the stockholders, I1. 0. Shufeldt, were sucd, The suit agnlust Haincs was In favor of Emma M. Speth, to recover $4,000, and Shufeldt was made defendant in-seven cascs; one by Edward J. Walsh for $£300; by Elizabeth Adams for 8300; by Anmmle M. Brown for $700; by Curnie W, Dall for £83,500 (In treapars); by James E. Rood for 85005 by Joseph Kuncera (in trespass) for _$1,000; by John Bernhardt (in trespass) for $1,000; anil by Wenzel Lokotzam (In trespass) for $1,000, Some of thesuits are in trespass as for wrong- doing, others in assumpsit ss for a broken promise, but the object in all is the samp—to recover the amount the respective depositors Dbad In the bank, - ‘The sult azninst Jared Gage was by Mary 11, Teed to recover 81,000 No ong an yet has deemed it worth while to maoke Sydney Myers defendan .P“"b"' Uy dceming that the “bee-hive not have cnough money to pay for the gettlng. Since the depositors strnck the lead in the State Savings they bave worked it pretty well, and D, 8. 8mlith and Turnerand Ray caleulate reasonnbly on A visit from the Sherl about three times o week. Just how much this Tead will pan put remaius to be seen. A disgusted de{walnr, not unknown to the newspaper world, dropped into the Buperior Court Clerk's office yesterday morring snd saw the suits just begun azalnat Shufeldt.” * Busted again,” hié exclaimed; *“that's the man Iwanted to sue.” Then he began figuring up the elork's costs, tho incvitable nJmml to tlie Supreme Court, etc., andd concluded i would not pay, A new departure was taken ycesterday in re- rd to tho 8tate, and some of the depositors, having seen that Turner, Ray, and Smith were clotirty 8o asto pay from 7% to 8!¢ per ccnty which’ will make an average on the entiro de- posit of abont 6 per cont. Deducting n reason- nble amount for expensca, it becomes perfectly apparent that a bauk cannot run eafelv and pay over 4 per cent, Even then the return to atock- holders 1 small, but sufficlent to pay them {alr- 1y for thelr investment. Yesterday afternoon a reporter called at the office of the Chicago Bavlngs Institutinon, and ancertained from Mr. Junge, ita_Cashier, tint the conoern waa indobied to the Fidelity 1o the extent of $14,%0, for which it bed deposited first-cInss collateral. “Why did you borrow it1" * We did 80 to strenthen the bank.” “When|" ‘* About the end of July." ** [low much are your depositat"! ** They are amatl,—about £60,000. Tho busi- neas, thiough smail, Is worth keeping, and, though our sacurities are good, we thought it better to borrow on someof them so as to In- creass our cash means.'" ** Are your depositors giviog notice? ! * Not many.”* g Do you expect to pull through! ** ¢ Certalnly. Fricnds of the bank Lave promis- g«: t? ulnn(c; us 830,000 If ueedcfil. hnnrl mi have lears, Our expenses ara and our sccurities are good and nnflnble"g b CORRESPONDENCE. BYDNEY MYERS' INDICTMENT. To the Editor of The Tribuns. Ci110AG0, Bept. 25.—There seoms to be a lack of punctuality on tho part of Recelver Ward fn not presenting to the Grand Jury the cvidences of fraud which bave been uncarthed In Myers' bank, The sooner Myers Is indlcted and placed behind tho bars the sooncr will ho return the money he fa supposcd to have etolen. From the fact that the Receiver hna been unable to discover whero Msors lost sny great nmonnt of money by the shirinkage of sccuritics, it looks na i hia fallure was one of the grosscs] frauds ever perpetrated 1pon 8 civilized community, and no timo should be fost in presenting his case to tho Grand Jury., A few years’ fmprisonment will not hurt Mr,” Myers, but, and.the contrary, may do him some Ha has doubtlcss” converted the nsacta of bank into Government bonds, and intends to Jive on the intercst of them. But thislittle game can be emlli foiled §f the proper autloritica will only set themsclves about it, 11 he is at once indictod for embezzlement, It will not be many days befors every depositor TIHE SANITARIANS. ton in o far ne 1t Wdlentes prob. mble influences of eausation. With the im- —_——— rtrrrlovnmnnm ‘t“m un::ry u:{lencn and the -~ couragement to sanitary atu Fifth Annual Meeting of the Public | meliics s s tio In’l?:c‘a’f. Tanitosten L7 gt he peaple n heaft) ble R Health Association. mcana not only 50 prevent the incraume b 1o diminieh, If we may not erndicate, thin discase a8 A factor of mortality, Of the Influences that A Lugn Attendance of Experts in Bew- moity the prevalence of the disense in the two scctfons, the speaker thought it scemed proba- erage and Ventilation, bie that'in the wrder of importance should ba consfdered: firat, the origin of the populations u;co:v:h thc;ul;m:lc, storr;llmonmflnu, changes . | © mospheric temperaturs an Essays on Consumptlon and {lio Linpor: character of the soll, s modifying m‘-’r‘.'xfi's'{]«ig' tance of Hyglene. cte,; thind, density, occupation, and modes of Ilvlnfi ol :}ffi inhabitants; munhi social ang The fifth annual meeting of tho American ,'::-?;.nflf?y“ e, <0 gattord] awell:telog oy Pablic-Health Assoclation opened its sessions | * Dr. Guvon, of the United Statea Navy, made yesterday afternoon In the parlors of the Grand | some remarks In reference to consumjition on Paclfic Hotel. A committee-mecting was held | board war ‘l“[“' claiming that consumption was mainly caused by dnnpness in % In the forenoon, which was occupied malnly in vr..y" M. umzynry, Tegent nt hfi.il'l'lfi.mu In- arranging the programme of tho aesafons. dustrial Unlnr!lt{ then read an able csany on The Assoclation came together at 3 o'clock, | *The Relation of ffivmtnc tothe Higher Bdy. srhen upwards of forty delegates from different | cation” in which he dwell at length on the sections of the country wers prosent. Among | TAHOUS cauises of fallure of health in-schools % and collezes. Ile clafined that oversil; them wers the followiug: Dr. Georgs L. An- l)yI tho mark{ng system In colleges g‘:.hu:‘?_ drews, of indlana; Dr J.'T. Reeve, Becretary | ductive of disease, and he mentlonca that of tho Banitary Board of IHealth, Wisconsin; | In his owncollege & committee had been oy pofuted to devise some aystem of grading schiolars that would avold that way of catinage ing merit. Dr, Grezory’s vaper doalt with fes of the highest Interest to iuman progress, and the subject was handled 1n an enrneat’ gnd’ thoughtful spirit. At the close of the mddresss vote of thanks was tendered Lo the casayist. After powse discussion on the subjects broughy forward, tho Assoclation adjourncd wlll this fore- noon. Dr..V. A. Turpin Appoint- ed Receiver for the Fidelity. Some Talk of Reorganizing the Concern in the Interest of the Depositors. The Recclver Does Not Beliove tho Assots Will Pan Out Enough. Myers' Bee-Hive o Tangled Mam of Glittering Goneralitics. The Recelver Unable So Far to Find Anyihing hut What Is Worihless. Dr. Carney, Health-Ufleer of Clncinnfti; Dr. Chariea H, Folsom, Beeretary State Board of Health, Boston; Dr, Chambers, of the Illinois State Board of Health: Dr. Ellsha Harris, New York; Dr. Koumpster, of Wisconsin; Drs, Lyman, Hamill, and Iiosmer A. John- son, of Chicago; the Hon. Wirt Dexter, the Hon, N, K. Fairbank, Dr. Lyon, Dr. Curtls Fonn, Dr. 8tarkweather, Dr. Jobn Rauch, E. B. Chesbrongh, City Engincer; Dr. Gregory, President Diinots Industrial University; Dr. Jobn Reld, Chieago; Dr. H, B. Baker, Bceretars Btate Boani nf Health, Michigan: Dr. Chancel- lor, Sceretary State Board of Iealth, of Balti- more; Dr. Myors, Fort Wayne, Ind.; Dr. Gib- son and Dr. Turner, Medical Inspectors United Btates Navy; Dr. Hitcheock, Stale Board of Health, Michigans Dr. Ilnwllt‘r’Stmhry Min- nesota State Board of Health; Dr. Azel Ames, Mnssachuscttsy Dr. G. L. Androw, Intliava; Dr. Cotien, Quincy, Iil.i Dr. W. . Chambers, Charlestow, 11i.; Dr. N. 8. Davis and Dr, Brock McVickar, Chleago; Dr. 'oots, of Galesburgs Prof. Churchlll, of Gulubul;{:: Dr. Steman, o Fort Wayne; Dr. Norman Bridge, Chicago, and Flidelity Depositors Rushing in to Sue the Stockholders. THE FIDELITY. DR. TUNPIN ATFOINTED RECEIVER. As on Monday morning, when the application ‘was made for a Recetver for the Fidality, so yes- tentay morning, the time fixed for thoe appoint- ment, dndge Moore's court-room was packed full at intcrested attorneys and depositors, anxfous tolearn who was Lo he put in charge ot the nescts of the institution. A dozen nomes having been suggested, it was a matter of much speculation who wonld ba chosen, sluce all men- tloncd were men of reputation and capacity; and while there was evidently scmo disappoint~ ment at the sclectlon made, arlsing solely out of personal preferences, oll the lawyers will une T procectings bf the second day ot & @ proreedings of the accond day of the Con. vention will be as follows: Ba, m.: The membera in attendance wiy visty the Cicngo Riiver, Cansl, ana tho Crib, leaving Clark street bridee at 8 4. m. promply. 10 t0 1:30 o'clock: Tho aceslon fo resaing amg dincussion of papers and reporta will be held 1n thy ladles' ordinary at the Grand Paclric lote], ‘The reeafon will be reanmed l'u, m, The 'ullmb‘lnmpl ors will be H A paper on the “*Meana of Diminlehing Intant Mortality from Bowel Allections.™ I3y N.8, Dayis, M. D., Chicugo, " A roview of the *‘Teachings of Tweni-. Years' Recards of Mortality from Croup, Diphthes ris, and Scariatina ina City." D Edw‘,n M.Fnow, ,dL D.y lfigy;rlnund!nt of Puoblic lealth, Proyj. ence, away behind the fron bars, tho platezlass win- will ba able to realize dollar for dollar. S .Ont* dubtedly do thele full sbare toward bringing | duws, the claborate counters, the burglar-préof | fust beginning to bloom aa_an orator, sent for | £cttivg, too largoa shars of attcation, Jlindiy ADgrosiron, | CBE™ 1 nauch, the Drestdent of tho Assock- AR of el flfik.ffif"fi‘}';;;'g% sbout tho harmony and co-operatlon which aro | dvors of :h‘;]’;:i‘::r"“"::m;{“‘l‘h:{ the unicky | & Phacion * Howard, Jow editar of the Tuscola | HoE O attnchment. wora. beeun agatiat atfon, called the meoting to order, and intro- | Lyl A D., Chleazo. o » Sssantlal to tho eposdy. auil. suceesstul settlo- | c'ecod for them to hang about. o doors and B A ek nto " slisp’’ and | bl ono by Patrick Dinan for $3.433.25, anoth- THE RBAILROADS. duce 00, of Do- nent of th 1 Mr. Wirt Dexter, who gald hehad been desired to speak somo words of welcome. fle did not know as much of the history and objects ot the Assoclation s ho ought to know, but in o gen- ornl way he thought ftx first purpose was the study of caunscs of discaso and sugpestions aa to wetbods of provention, Aside frum tleso ob- jocts, there was a sharp pecuniary side o the ef- orts of such an Assoclatfon which could not bo disregarded. If they cama togrether merely to discuss abstract questions, their deliberations would not attract much attention, but when they approach ua with suguestions, and thelr determinations assuine a practical aspect, then Lhc{ touch the public heart, The small-pox in Philadelpbis has cost that city, in the coursg of one epidemic of 1871 and 1872, 21,000,000, and this wase traced {n diminished travel and shrunk- eu commerce, which might have been saved by wlise precautionary measures. ‘This year wve re- Juice {n & bountiful crop, but there “aro other sources of wealth more certain than corn and wheat. We lLave been ina commotlon over lossea by the falluro of our savings banks, yet ‘we protmbly lose much larger sums turough in- difference to sanitary messures, “There is not, satd Mr. Dexter, a busincas In Chicago unty er by Charles Frances allstrowm for $1,130.85, the third by Emma E. IHall, who clalms $1,211.63, the fourtn by H. A, Towner for the uss of Ellzabeth W., Martlia it Il, A, Towner, Jr., John DeK., and Ellzabeth M. Towner to {’cm\'er $718.88; and the fifth for $2,500 Ly Carl renner. windows, and very sensibly they staid away. The prevailing sentiment among those who did come waa the same that actuatcd the crowd standing about tho closed doors Monday: thot {6 was an honeat fallure, and that there Wwas considerable to be hoped for in tho future. In fact, so hope- ful are some of them that a movement was set on foot to petitton the Court to let the de- positors reorganize the bank on an enuro!iy new basis. The plan posed 18 about as fof- The assots would first be scaled down to ard-pan basis. Then, for Instance, if It should be foun:d that they amounted to $900,000, and the labllities to $1,500,000, which is about the actial amount, there would bg s deficiency of $100,000. _Stuck would be jsaued to the amount of the deflcieney, whatever it might be, and dis- tributed pro rala mmong tho depositors, the amount due from ench depositor being en- tered {n that depositor’s bank-book. The depositors woulkl then have entire control of the hank, would bo personally intcrested in Ita success, and in a very short thue, it is be- leved, the uppreclation” of values would bring the assets un to tha prosent Habllitles, In any ton, Followed by o discassion on tha of Dwellings and Dwelling-Oronnds, Report on s **Practical Method for Secarix, Coml')lnm and Authentic Recotvde of the Causes o Tloathi Throughout the United Btates."" Dy Elishy llnrlln, l’l‘nflg' N%\' lY‘ork. 7 b3 ** Prel ary Oallines of few Polnf Enumeration. and. Inqniry which the Tntereim o Ehcu Pablic Health Reyuiro in tha Tenth National nyus, " A reportand discussionupon * ‘The E: the Departmont of Physieal Education rggrl(f TEien gf A{:\h‘c‘nfi College.” Ly Prof, n.mdnm yAm- oral, Mans, - Dincoarscs will begin fn tho eventng at 8 o'clock, ™ facontse by Piot. Ienry W, 1, sconrsa by Prof. Henry W, in, of Chies- R0, on**Tho Prenent State of Bxact Knawlcars of the Cagsation and Preventlon of Epidemic Dis. eazes '; discourse by tho ltev. lirvoke Herford, of Chicago, subject, *‘Pablic llesith snd Pablio Holdays. ™ To the aesslons of this body o cordial fnvita. tion fs extended to tho Jmhlh: at large. Tha aubjects to be consldered pertaln to publle (n. terests, and they are treated ina Dn{zullr veln, 1t [s desired by the Association to let the publie kuow that thcso scssions are not Muited Lo the medical fraternit, mestic Kxcreta," By Azel Amos, Jr,, M, ., Row. digest an articlo or pamphiet lasmata out of some statements which he (M{rers) would make to him. Bo,on Christmas ‘of that year, * Phaclon ** went. “S to Myers® house, and tho 1atter walked up and down the floor afl day long and spouted, while Howard took notes, Out of thoso notes and his own head he fabrieated the pamphlet called * Hard Times: 'Their Causc and Cure, by Sydney Myers.” It wus heartrending nud leart-breaking work, both Iistening to the speech and tbe making up of o pamphlet out of fit. Myers promised # Phoclon " §50. e went to get his pay, nnd Sydney told him that he would have towalt a ltile while,~that he wanted bl to hang on and read the prool. But * Phoclon” knew that that was an operation which would take somo tinie, aud, furthermore, he wanted to pay his board, aud expected to do It out of l"tllm Touey coming from Myers, The bank I'res- ent When his Honor had taken his acat ho sald ho suppoeed, from what was said Monday after- noon, he need hardly expect any olher suggess tions, but If there wns any new phase of the case he should be only too glad tohear it. It had been surgested that some effort might be wae to dispense with the uccesalty for a Re- celver, hut. he believed Mr, Jewett did not make " the suguzestion with much confidence, Mrqdowett said he had been spoken to about 1t neain by o large number of dopositors fu the roou, but Le would say to them 1t was probably too Lite now to attempt to interrupt the pro- ceedings of tho Court in -the appolntinent of a Keeetver; but i the deposttors could hereafter nuree among themeclves how this thing should be managed, and ask the Court L return it 1o the hands of the manngers of the bLuwk, nupon suct an arrangemont as thoy might make, it could atill be done. Whether auvthing ol that kind would be practicablo with a lurge number of depositors remalned to be determined by thelr making the effort, I thoy desired to do £u, Of course, if they could do that,—make 3 A NICE-LAID BCHEME. Tho people of Taledo aro trying to persuade the Grand Trunk Rallroad that 1t would be ereatly to fts advantage.to have o connectlon with that city, The Toledo parties kent a dis. patch latoly to President Tyler, stating that it waa the desire of the Cincinnatl, Hamilton & Dayton, Dayton & Michigan, and Wabash Rail- ways and the citizens of Toledo that the Grand Trank Rallway Company should extend s line from Detrolt to Toledo, and that in so dolng they would recelve the co-operation of the above rond and the citizens of Tuledo gencrally, Mr, Tyler wna also invited to como or send a representative to Toledo to confer with the in- torested parties. In rcspons to the dispatch, Mr, Tylor telegraphed that e attached great lmrorlancu to the uew counection which the Toledoqus hoped to bavo established, as well as to. thelr personal co-operatfon In edccung the same, 1 posslble he would be pleased to visit "Toledo, or, It not able to come In person, Lo scnd a representative of the Company to meet TILN STATE BAVINGS, Tho recent sults by numcrous depositors agninst the stockholdera of tlie State Bavings Institution to recover their clalms that wn{ lias awakened the Recelver to the fact that he is somewhat Interested in having the stockbalders {my what they are llable for into the Lunk, so hat nll the' unfortanatea may share altke. To acromplish this he tileda petition yesterday. After stating the amount of the capital stock, 8500,000, he scts out that by Sec. 8 of the char- ter of the bank cach stockliolder is tndividually lable ns to the trust and savinga funds to tha amount of his stock, for all Josses or deficioy- clea that occur while ho Is nstockholder, and for o period of six months after he Las sold his stock. The following are tho persons lable under this elause, with the amouuit of stock held by thewm, rospectively: PROMISED TO MAKE GOOD bis Secretary’s account at the .hotel, and the Iatter departed. Bab when bo returncd to the city sfter a space, lis was met by the hotel peo- wle, who informed hilm that that amount -bad eatlafactory ment, aimong themselves,— | C7C0% by followlngz this plan, the depositors | noyyeen squared up. 8o ho saw Myors and the pooplothere, » 5 ttago 3 the ;»;I:|¥;lmun::;§:x:‘: would with tho gm::&t. would Rave thalr clalins In the best bossible | Gunned hink for Lis money, bat. withoiit avall, Ti I Bpencer 108 | 4 ous of the many schemes of the To- i‘?fx“ch‘ fl'n?;{ffi'.','.‘mx‘?u‘&': :T; the pt‘-‘t‘ile‘n“:‘%?ln‘r’: pleasure do what they desired, shiape for & final satisfactory settlement. About | ynul glong fn the early part of 1870, when > 72 | 1edoans to ivert the business of the West from | of the city, Yet men busy In thelr own affairs APPELLATE COURTS. 118 COURT NEMARKED twenty-five depositors put I-(l’fl"n ‘lh'fl“' names |« phoclon'" was down at Indianapolis _looking Y 104 | Chicago to thele city, The Grand Trunk Las | oct na t{mu:h it was 1o concern of theirs . _— that o Lind given somo thought to the hond. | Yesterdavaud suid they would go In i such 8 | aepe piattors dmlmeul and financlal. One day 104 | forsoma time past tricd 10 effecta consolidation | s to the draimago of houscs two blocks | mhe Saproms Court of Iitinots' N 1le did nut know that his views wero different '“"“'mf""‘ 1t 18 proposcd to bm’"‘ 'u"’ tatter § pyo Natlonal Ureenback Convention was held 10 | with the Gresi Western, but, 50 far, ias not | away., And thus we will prove that the widest L b riea:he, from thowe o had already cxuressed. | He | before Judge Moore, i the form of tha afore- | gers,—thic ono which nominated Petor Cooper, | Danlol Goodwin, dr... 66 | succeeded, and,owing to the uppasition of soma ok A Uit hidrin it o d Twelve Jndges. It 85001000 ol certatmy b a" lamsg | sl potition, elzned by the depositors, in which | Ay ownrd was louking on tho Lotehregister | Wioda C. Kldde 50 | fnilueotial pariles in the_Grest Wostoro, 13 not | largest sceurity for tho homeé, are botiomod on | OTFAWA, Til, Bept. 25.—At the close of tor cnouzh awmonnt o cover all tho Hlabilities, | W5, AREce tu tuke stock In the manner wbova | yt the Grand Ceutral Lo saw tho namo of 80 | jikely tosuccced. The Grand Trunk can bardly | the truth that ! day’s seaslon of the Buproms Court, Scholfleld, ad e wanted ul;lumllm ] large erough. | REECEh LY stauic. thiey wonld witharaw 'sggagl M yers e;ll_l';‘r:;l‘ s delegata to the Con- y ;Kn:d o bulkl a Lllnn to m«m at this v.:mc.ha Gontie YAV 18 b I{RO’HIIII'O KEEPHE. 1| Chlef Justice, sall L o A ¢ wish to T o . . etting up sumae e miovement as the al ¢! N or‘ ml m;ln‘;a.u the sum 80 Kl‘n'x’r’s‘:e‘ "“:'; L'ii’fi'n'?‘?f.‘ffié.’i"&fii?’-f ;::’tl:::‘;:ryu!‘):}r’l‘:fil:\}m-lnlfi Justlco of '{‘c Pfl"]flfly “;fil' dtl:ddlnz ‘rilmz lio wlmlxlxé A, U. Guild fim nhove, it evidently means to bulldoze the Great ...fl’.‘:é" ':::' :\Ifin(.ulrée h:t::’fifl‘l‘::‘:“d&:le‘:n ‘l’l?: wfih‘g‘t&&'{.fif}':'i.m‘.:'&’fffii%’_‘{‘fi%“flfl;’,‘.‘,’.‘ to prevent such person as nlght be sppointed | ¢ mething moro adapted tothese timos. The rate {'a-l‘t‘fluz'l’: é;g;,l;; u';'m"'l‘l K A titlzen o thy | Charles G. lulkloy, 501 | Western into anarraogement. 1L {s well kuown | amung men by thues most potent argumenta of | enjoinod on tho Conrt Lo asstgn twelve of the from wiving the proper secutity, 1€ any ono thnka FHK,00 too much—I nn_ satlatied b onght not to be larger than that—I woulid tike to licar bis views, Mr. Jewcett thought that nmount was large enonigh, The Court—That Is abont balf the value of the pssets? Mr. Jewett-That s my nmlcn(mullng. Fhe Court sulll It wan certainly double . the amount that woald ever be i the hauds of thy Nécelver, I the name of any person had been sugzested who felt ke would ot like to uuder- thie to eive a bond of £600,000, he would Lo obliged if 1L would be withdrawn, Tle did not suppose that any one had been wentioned who would uot be ably to give that much sccurity; and it ought to bw given promptly. I takoit thut you bave not appointed auy one. Alere s Houor paused for a inowment to let o that a scheme has been moing on for sumo tina past to forin a combination between the Erle, Canada Southiern, Wabash, and Hanuibal & 8t dJos lafirosds ' to gt the Pacific Cosst busincas, which la uow mostly going via Chicago, and the Unfon Pacific Is bo- 1leved to bo favorablo to such an arrangement, os (¢t will enuble it to punish tho Michigun Cen- tral for not allowlng itacl! to bo :{ubblud by Jay Gonld, But 1t is hardly probable that the Unlon Pacific or Canada Southern Roods would 1ike to havo the Graud Trunk become a party to the agreement, ss in such event the Canada Boutharn would be a greater suffervr than the Mlchlzan Central and Great Western, The robabilities are that the Wabash Ioad is at the m of the movement to tnduce the Grand Trunk to come lnto Tuledo, as it would thus racelvo an additional outlet, and wonid be about the oaly rosd that wounld be beuaflted by it. ~—including hereln the purchascs made by the stockhiolders respectively during the time with- in which tholosscs and deficlences occarred, The hooks show that the bank has sustained over §1,000,000 losses by tho mismauagement, waste, etc., Of 1ta funds, for which these stock- holders are liable. Many persons claimin) be creditorsof the bank have bogun suits against tucse stockholders, mklnim obtaln preference personnl enfu and ipterest. It fsfor youto tench the mere mion of aflalrs that an fntunsl- tled and parrow view fs {n the long run & losing one. You are to [nstruct the absurbed cajital. iat, ever nfier to {ncrease the permanency of nas been kept up to 6 per cent In order to ecom- [wm for deposits with tho State Savings Insti- ution #ud Lhe Bee-Uive. Now that both of those concerns hiave gone by the board, the re- vived Fidelity could go on independently of everybody, svold the pavment of & ruinous rate af {uterest, and, if properly wanaged, could se- onre A large nnd profitable deposit account. [f his I8 done, It 18 belleved that the stockholders would elect sawe bunker of prominence and known luwuru{lm go into thy bank s its Pres- Went, aud, with tho usatstance of a carcfully~ constructed Board of Directors, carry on tho fnstitution in 8 mauncr satisfactory to everybody, Sumo of the _depositors atiil retaln thélr ol confidence fn Mr. Haolacs, aud would favor bis continuing ot the head o tho bank. Such 8 schemos uecessarily incans death to the Recelver, and as to tho question of a rlzht to take the matter out of his bands, Judges of ihe Cireuit Courts of the Btateto duty In the Appellate Courts. This duty has beou felt to he one of conaiderable delieacy and jmportance, and ita performance has been de layed until the present woment, in onder. that we might have full time for the interchange of views between the meme bers of tho Court and deliberate refiec tion, The rcsult finally reached has not had the unsnimous approval of the members of the Court, but is the expression -only of 'a wna- jority. It has been deterinined, first, to nuke the asslgnments to appellste duty from the Judies elected In June, 1873, exclusively, and, secoudly, i view of the overburdened “condi- tlon of ‘the docketa of the County of Cook, It hias been belleved that o tima could b spared Ly the Judees of thoge courts to appellats du- fes, and that the public service would not be mibserved by linposing such pdditional business State, awod tim $25 and obstinately refuscd to .y It. A caplas was Issucd, and 8ydnev was. K:uughl up with o short turn. The” situation was critienl, Ho didn't want to A locked up all day while the Convention was golog on. lie wanted his _influcntlal voice to bo heard in the hall where it met, and wanled to belp shape the financlal future of the country for yenrs to comc. So he bought his ransom and eXxtricated himaolf from the handy of the Philistines by nnyl{ll.'. 3‘.3!‘? and *Phoclon,” after about a year and afiall of putient waiting, fut hls money. Lot tho depositors go wnd do jkewise whenever they get a chance. TR SEARCH YOI THR A8SOTY of the Merchants’, Farmers! & Meclanles® fastill belng prosceuted with vigor by Receiver Ward, [ l?gh progreas is very slow, and the outlook grows less aud less promising, In the inter- lits possegions, that Inan active attention to the matcflll condition of thuse around hln teats the most continulng proaperity for him. solf, and thus vou purify and render unsclfish the heart of mm in tho same ratio that you ad- vunes his watcrial condition. [ ' Dr, Rauvlf, the President, then delivered a discourse, in which—atartiong from tho thought that the nm:rr[;nuon of great uinsses of human- ity iu largo citles was unnatural, and that it wos needtul to resort to artificial methods tn order to restoro harmony—ho presented -h:n%v.hy und Interesting nccount of the growth of Clivago, describing its sanitacy and topographical condl- tlon in early duys, aod trucing ite progress, in s and priority, by obtatuine jadgmenta to bo satis- fled vul Of usscts which ouptit to he wi- minlstered by the Court for tho benefit of all the creditors equally, ‘The whole number of deposltors about. 13,000, aud unlesa the prosccution of theso suits a enjoined some of the depositors will got an unduoe preferouce to tho projudico of tho others, a multiplicity of suits will ‘arlsc, and unncces- un? expenses will be incurred, udge Otis further represcuts that the Court crs ho told whero this or that statement be made, but no onn sald auything. de vicws had with Myors * | has n right o take tinal and exclusive Jurisdic- - sunitary polnt of view, up Lo the present year of | on them. The assiguments will, thereore, ba Thiew he went ons . | T e Ol ety ven, n (avorabla | could be found, bat the most dillzent exaining- | yion'of {he asots of tho bank, to as, to provant, ITEEMS. race, *1is wddress wag' laely oceupled with | 4 foilows: 2 He could not eppglnt ull the genttemen, and would have to aet to dume extent upon his own knowledge. Tt so happened that be knew per- gonally nearly all those named, and there was not one whoi he did not belleve would make a most excellent fReceiver. Comparisons - would, of course, be out of placg*aud improper, o proposed, however, to il the blank in the order with o name that had been suggested, by kome, amd those who knew himy st all knew thot Lo was o man of capacelty, a man of probity, a wan of eneryy, 8 wan of f(orco of charactor, und 8 man that could be contided fn, he was aptistied, by ali who had any interest in the bank. e be- leved that those who were acquainted with him, woull knaw that no money would pass throt gh Lin hunds fmproperly, and ione rotaiuod for any- Improper length of time,—that all would b ap- llru priated tor Its proper purpose. It might be hat romo already nferrcd wiho it was, but it didu't matter whether they did or oot “ Let the blank be tilled," sald the C«mn, by VIRGINIUS A, TURPIN. [Sigls,] Hebad been Recelver in' somo vej lsquisitions ou tho rolative merits of sandy sud other sulls, with the inflnence of the lake la ref- erence to - atmospheric chaonges and its influenco upon the wublie health, with tho winds and thelr fnfluence, and with s varlety of subjects s Ing. ‘I'he address—which read lke a condensatiou of all the woakly and monthly reports ho so indus- trioualy concocted whilo Sanitary Superintend. ent—was listened to with much Intcress. ‘The Secretary, Dr, E. Ilarris, read a lon Bort ou_the proposed sanitury survey of the. nited States. [le referred Lo 'the orwnization of State Hoards of [lealth tn thirtean of the Htates as & rusult of the study of the luww of bealth, and bow lexislators, publie achool hoards, the press, supervisors, and lulstecs bad become the advocutes of public sanitary dutfes and of domestic and persovsl hygiene. The American Puablic Icalth Associatton was now free from embarrassuents sud volitical eatangleinents, and henceforth ita work will be reciprocal with that of the State Bowds, The report dwel} upou the im) ve of topugTaph-. jeal surveys and & cluss of studles and descrip- Ttis stated thst the Quincy, Payson & Sonth- eastern Narrow-Gauge Railroad will bo ecom- pleted during the coming year, ' This road is to T from Louisville aud Cincinnatl to Qulney, Il Itismow running out of Loulsville a dis- tanco of eighty-five miles, The division from Quincy to Efingham s to bo conipleted by the 18t of January next. . Mr, Thomnas P. Barry, Western Genersl Pose senger Agent of the Baltimore & Ohlo Rail- road, I8 in the city attending to'sundry business wattors connected with hls department. There Is a grublhlllt thot the Merchants' Dispntch Fast Frelght Lina, which 18 now prin- cipally owned by Mr, Vanderbllt and other manazers of the New York Contral Raflrond, will be .dpumhucd by the New York Central 1tailroad on similar terms as the purchase of the Empiro Line by tho Peunsylvanin Rallroad. The clamor of the publcagainst those monopo- llea bas been too miuch fur Vanderbilt end Heott, and tha{;fim now trying to alluy public The truth Is, bo talks at random, and _his oxpla- natlona are 80 abscuro that what bo gives in the way of mformation is utterly valucless. 8o the Recelver has boen thrown on Lils own resources, and ho has a weary and tedlous undertuling be- fore htm. ‘Tho trouble Is to find papors which ~ will vo uu idea ~of- tho hossesslons o the institution. For. nstance: Mr. Ward runs across un_envelopa marked * Real-Estate 8ccuritles.” e grasps it cagerly, opens it, and finds, not mortguges, but two or threo slipa of paper with sowme fig- ures on them and a lotter fromn xunwbcuir. Then he sighe, A balance-shect has been mads out, and the Receiver I8 now busy in scelug whether tho assets [nthe vault correspond with those called for by the books, This a very diiticust jub, thero belog o sehedulo or any- thing of thekind asn gulde. A grcat many notes have been found which are past due; only ong, for &00, of thoss ugcarthed Is alfo. No bonds have yel been dis- cuvered, but there are certlilcutes repreaent- fng 210 shares of the preferred stock of any depositors gretting an undue priority; that the {ym-wullon of all suits against the Eflflk or its stockholders should be_stopped; that as tho original bill of Eames and otliers was filed ou tebalf of all tbe creditors, and for tho administration of all tho nsacts, It consti- tutos a procoeding inrom ayrafnst tho bank assets, taking effect from the tlling of such blil, and all creditors are bound to take notfeo of such proceedings, and of the oxclusive control of the Court over tho asscta. Tho Recelver, therefore, nsks that the prosccution of all sults against stockholders muy be stopped; that the stockholders' llability may be recognized and enforcad, and they enjoined from confessing Judgment or allowing defsult to be taken against thems; and that all persons who ma 1 the future begin suits against the stockhold- crs may be declared to be in coutempt of court, and bu treated accordingly, ‘The argument on the motfon for this injunc. tion ia to be heard before Judge Williams Satur- day morning at 10 o'clock. ‘The arlginal bill in tho case was also amended B0 astoret up these facts, and so as to make To the First District—Judge Willlan W, Ifeaton, Judge Theodore D. Murpny, Judge George W, Pleasants. To tha Second Diatrict—Judge Edwin 8. Le- land, Jud‘:a Nuthaniel J. Pillsbury, Judge Joseph Sihley, 10 the Third Diatrict~Judge Oliver, L. Davis, Judge Chauncey L., Higbie, ud;jfl Lywau Lacy, o the Fourth Dustrict—Tndgo James C. Alles, Judge Davtd J. Baker, Judge Tazewcl] B. Tan- ner. Ordered that the Clork of this Court forward toeach of the Judges 5o assigned a cerltied ml';' of the order aforesaid forthwith, {ckey, J.—I do not concur with my brethrea a2 to the wisdom or hportance of confining our chotcs of Judges for the Appeliato Courts to those Judges elected in 1873, nor ns to tha necoasity of escluding from l.fia sclections the Judges of the Clreuit Court of Cook County. Frow the great extent sud very varied characer of tho business usually transacted in the City of Clilcago, many lrn{mruul. queations of law arise |u the courts of that Appellate District, opinfon. Although as yet wholly talk, it is barely possible the schems 2 MAY AMOUNT TO SOMETTIING. Tho deporltors who put their names down rea- son it out {n thia way: Tho Institution is not very (ar short of Leiny solvent: they can makons much vut of it as cfn tho Rectiver; why, then, siiouldn't they be allowed ta run it,and, (natead of windiog it up, start it on its feet apaln, and make It o substantial, paying Inatitution? It {8 very clear, “however, tbat it will bo a ~ somewhnt ditficult matter to get a majority of same 3,000 depositors to agree upon auy ong course, much lcas the detalis of n plan, nnd uplesa s wajority of them request it there I8 no use in making the sttemot to take tho thing from the liccelyer, ‘I'iere hus been conslderable desiro amona the customers of the satety depository connected with the bunk. to know whethor the yaults would cuntinue to be under the managemont of Mr. teorge W, Fuy. As far as cuti be learned, there 8 wnd should be no probability of a chnu‘:(u in this branch of the busincas. “As is well known to wost of the publie, the safety- e Northern Pactic Rallrond, This, howuver, 8 feoling Ly buylug themsalyes ont at a profitable which are rarcly presented elsesrhere in the complicated cases b the court, aud his Honor, | deposit yuults form s good, paylnz plece of | & 7 the stocklioldera purtles defendant. te. Al . | Hons of the bydrography snd other mattery of . y - Tiaviing taken apectal patus to (nquire, kuew tha pr;‘-lwnr. i the roceeds. frun 116 ranis | tYACItE e HETRUG e S ¢ T Ay Aty thene lines il rlove the il | surfuce gooeraphy, which are lmportant i | S L ECEa o Shercilore: of raraeian) wil portance that at least one of the Judges to b assigued to the Appellate Court of Cook County should huve become familiar with thet " claas of questivos by exput once o counsction with the “courts of that county. This cannot be accomplished under the plan adopted by the majority of s Court. Io my judgment the dutics of that A>- pellate Court need noi Ow\l(l wore than ball of the time of its Judges, and the Circutt Court dutics in Cook County, which would be with- drawn by the ssaigumnent of one of tts Judzes to appaliate duty, could be readily supplied by call- ug upon the genersl Clreuit Judges from other arts of the State to contribute esch a part of nh services In bolding the Circult Court fu Cook County. Aside from thia Inck of experfence in conuectivn with the buiness of the cousts of that county, | ro\?:nhu in euch of theJudges asslned to that Court cininent fitness for tho positiou. 1t ls, [0 my Judgwment, aa uble U - —— THE COAL-MINERS. They Change Thalr Minds, and Agres toGs to Work—Atihirs at Pittsbury. Specval [Aspoich (0 The Chicago Trbune. Wi.ksssaRuz, Pa., Sept. 25, —Auother large moatiug of the wmeu employed by the Leblgh & Wilkesbarre Coal Company was held at Sugar Notch, 8 fow miles (rom this cily, to-lay, and the vote of lust week given at a wmeeting beld st the samo place was reconsidered. Jo other words, the men ftu<lay alinost uvaninously voted to sccept the cffer made by Mr, Parrishy . Jesseo of the Company, of a 10 per ceot advanco on the wages pad thewmn when they struck. The mecting wad sttended by upwards of 200 wluers, mud, uiter the vols (o acrept the offer was aunounced, the wildest cuthusissm provullod. There are a fow matters that reman 1o be adjusted between Mr, Parrish und the men, bug work (o * the many callicries will no doubt bdkin this weck. Other miues operatal De hud given perfect and entire satlsfaction to all coneerued, Mr. Dexter wanted to make s single remark, He thought it of greut hinportauce, i view of the excliement gruwh:i{ out of the fullure of the Dank, that thereshunld be as nearly as possitile entire ratisfaction with the appointmens. Tho Court had not scen fit W) select the name suw- finwd by the complaluant (Abijas Keith), but o wishud o sy that he hwl made inqolry (he was not personally ul:(&m.lumdwllh Dr. L'urpin), and wus satlsiied that e wada most excellent man, His selection should give entire sutisface tion, Hle thought the attorneys presens should give the depositors to understand that the struggle they bad had us to who should be H+ cobver did not arlse because tuey thought njurlous cunsequences weuld follow if their Ine dividual nominee was not suevessful, but aross from scquuintauceship with aud pensonad pref- wrence for tne man of thelr chioice; and now that the Court hud stepped fn between them chosen o man—uu excellen gentleman, whone tha denositors stiould put the utinost confidency in—they all belleved that whotever ought to be done would be done, As the nomlustor of Mr, Keith hie heartlly acqniesced in the seloction of Dr. Turpiy, snd advised his brethren to be sat- Isfied with e, and to ao_everything they could possibly 10 Liuld up lils hands. “Fhe Court cxpressed his obligation to Mr. Dexter for the suggestion, adding that he wus satisted 1o one would be dissppoiuted. Mr. Jewett sald that, as & large numbey of deo- positars had indlcated a disposition to allow tho munagers of tho bank to coutinue to run it, he derired to say to ther that, so far as the mana. gers were concerned, U, Furpin's noiniuation and contirmation as Receiver was entirely agree- uble, aud entlrely ucceptable to the bank, They bt no especdal uflmu(*xum with him, and be could assure the Courtihat Dr. Turpln was lu nu way 10 some ways towards ying off the depositors. Mr, Fay has tiwen the imanager of the safe depository sfuce May, 1873, when Mr. Huines bought out Mr. Beyan, During all this time he has condueted this branch of the bank's business to the cntire satisfaction not only of thebank officers, but the renters of vault-boxes, In fuct, so famillar i ho with the dotails of the business—and they are by no means fow, nor easily mastered—ibat to make any change in the management of this departe ment would be & serious detriment to every- bady who has any business to do with it Mr. llaines had nothiug to say yestords, ahout the haok’s condition, adhering to hiw ol answer, that the Recelver was the proper man to furuleh i Yuformation. Since haying gotten rid of the wurry of thinking what would come next, M Taines looks Iesa careworn and con- cerued, albeit when reporters are uround hu preserves & somewhat frigld demeanor, sod fs perhaps judiciously silent. Dr. ‘Turpiy, the Receiver, will file his bond this mornimg at 10 o*lock, 1 it s approved and there can_hardly be any doubt that It*will te, he will procesd to the bavk and take fornal sk @ nctual possession_ of the nssels. In speskine ~ with . Dr. Tur. pin syesterdsy alternoon, he told the reparter that his only policy would be to wind the bank up and give the depositors some~ thing us soun as jossible, He was NOT IN YAVOR OF DELAY, hut would, at the swne time, be judiclous in disposing of J)Npflrlv at the nost favornblo time. Aa to thiv plan of the depositors to take the thing out of his hauds, besald that §f s wmajority-of them desired it he would tam things over to them, as ho had wo -wish to op~ pose the desire of the majority, He did pot thiuk the plao a very practical one, however, Yor the reuson that it would oot Le eusy, perhaps not possible, Lo get & mujority of the depasitors to make up their minds to ‘suy one think, it mattered little what it wus. Awong so many thers were always rudical ditferences of apluion, aud it was ecarcely protuble that they could barmonize ou tho eueral festures of s play, wuch less agree upon its detalls. treating of the practical queations of sanitary drainaze, among other guestions thst ns to tealthfulness of town sites sud dwelllug grounde T'hris conay was also listened to with respectful sttention, Mr. K. 8. Chesbrough, the City Engtueer, fol- Jowed with ao claborute dlscussfon of the sani- tary dralnage sl sowerage of Chicago, low our sewersge system has Linproved the health of the city was set forth, and then a detalled histor was given of the effurta male in the direction of thy juprovement uf the drulnage system. ‘The lecture was a supplementary history, witn uotes and commeuts, snd map illustrations, to that given by Dr. Hauch. 3ost of it was new 1o the strangers, and wmost of It was famillar to all who haye sw‘nuhl the anuusl reports of the Board of Publie Works. Mr. Chesbruugh eamo to the conuluston, as to the Anal dispossl of our aewerngo systein, that If it must ;in;-u through Lhe canal, the Houth Hranch wmay become aguin a cl!cn-lvn 28 In ycars gone by, aud his pro- posal was to wide sud deepen flie canal. DE, YOLSOM, OF HOSTON, followed Mr. Chesbrouxh in a discussion of the sewage system, aud rewmls draft of laws which ho had Bmpaml. {n order that the Assoclstion might offer critical comments upon them before thelr belng subiltted to Massachusctis Logis. lature. They were proparcd by the Btate Boant of flealth, and are directed wainly aguiost the pollution of streaws aud watercourses in the ntercst of sanitary improvemeut. ‘The discussion of the subject occupled all the afterucon. I'HE COMMERCIAL LOAN. ANOTIHER DIVLDEND 70 BN PAID BOON. Yesterday afternoon a TRIBUNE reporter calle ed upon Collectar J, D, Harvey, who is Assiznes of the Comwercdal Loan Company, to nacer- tan when the nest dividend - will be declared, The bank faflled in Decem- her, 1475, and sinco that time has 56 per cent in dividends. 1t was predi m:: time Mr, Harvey tovk hold of &re w:«‘:‘k‘ that the concern would pay about 70 to 75 per cent. The result will probably cxcoed this. ‘The Assizaee has dmwn no salary since Decem. Ler last, of his own volitlon, aad as s resuit there hos been no expensy, even for clerk bire, 1t is urohablo that another 13} per cent will bo pad within the uext thirty days. It niay go us low as 10 per_cent, but it"1s more likely to he 124, and that e the amouunt that Mr, llarvey bopes 1o pay, When the amount is ready,” Mr, Harvey. will give due notice of tre fact through the pancrs. The real estate has not yet been sold, and the clatin spainet [ra Holmes will Ilkul{ by V-lld in a vory short time, 86 that is secured. When the rcal estats Is sold, Mr. Harvey hopes to pay 123 per cent niore. ‘I’harfl year has not heen & good ono to dispose of the property, hicuce there has been but littte effort made to “place it upon the mar ket, It Is the hope of the Assiraeo to close up tha allalrs of the bank this fal), TIIE LIVE BANKS, VUNSUING THEIR EVEN TENOK, ' ‘The closiog up of the Fidelity has thus far had no noticeablo effect upon the other savings banks; that is, tho applications for money have not {ncreused to such an extent a3 to Indicate alarm on the part of depositurs, Bomne aro paying Iu full, 08 the INinofs Trust, snd Hiber nian, and others, the German and Chléago onty upon notice, though if the sceount is small aud the mwoney actually neceded it Is usually handed out. 'That confidence In savings banks thing of value, us he bas not overhaulod ull the papers yot. '{le Lalance-sheet, which {s brought down to Sept. 10, tho doy of the suspeusion, shows the following to be the LIABILITIES. {)uc depositors. Ca P Tuvestinent certificates. Sydoey Myore, truetoe, luvestment, cash.,.o.. Inventment, Intoreat. Certlficates of d id af, 1o matter at what fi\rlu. .The Chicago, Rock lsland & Pacific Road hsve Leeu short of passengor-coacties on this end of the ljie since last Saturday evening, whan they seut a special teain of elghtesn cars L convey the Third Regiment United States Intantry to Umnaha. They have been using the coaches of the Lake 8hore & Michizan Bouthern Road on their suburban tralns, Thelr owa cars have now returned. e e KNIGHTS OF HONOR. A Btate Organtaation of This New Beoret Bo- clety Efocted lu Hlinols. Spectal Dixaatch (o The Chlogo Tribune. SrumoyizLp, (11, Bopk. 25.~A (rand Lodge of the Order of Kuights of Tonor was organized in this city to<luy by Past Buprema Dictator A, E. Keyes, of Mansfleld, O., scting fosteud of Bupreme Dictator of the World J. A. Eger, ho being detained by sudden and cgntinued illness. The Grand Lodge was called to orderat 1 o'clock, and went into secrct sesslon The fol- lowing is & full list of the subonlinate todze rep- resentatives present: Leroy Wiley, Paris; D. 8. Fries and J. T. Richardson, Venice; J. 1. Muler sad JI, A. Coflcon.uba.uvlll W, Owen, Belloville; W, H. McCormlck aud 8. J. Willett, Bpringteld; [onls Roseuthal, Lincoln; F. J. Btofenbill, Belleyille; 1. (i. Roberts an 4. F. Dral, Mattoon; J. W. Llayd, 8helbyville; C, H. Roane and J. 1. Waggonler, Suflivan; W. D. Foulke, Rossvillu; A, A, Murry, Decatur; 4.°C. 8. Miller, Bloomlugton; Nasan, Fooris; W, F. Blater, ekin G, W, Schuciler, HBoardstown; B8amuel W. Jones, Nashville; Ueorge Reibert, Ilavana, The following sre the ofticers elected: Pust Grand Dictator, W, I1. Mc- Cormick, Bearstown; (rsnd Dictator, J. C. 8. Miller, Bloomington; Uraud Vice-Dictator, J. F. Drish, Mattoon; Grund Assistant Diciator, J. W, Llngc. Buelbyyille: Grand Clnrlnln. George Beibert, Havaua; Grand Guide, 8later, Pekln; Grand Reporter, Leroy Wiley, Sy financial agent, g ), Treasurer,.. .. Georgo Chandler, Recelver Lawar Insare Bucw COMPAnY iersrerenre soeisens 1,144 AN EXPLAMATION of the jtem “Syduey ,\l{fl\‘l, financtal agent, $123,000,""—an entry whicli has puzzled every- Lody,—was giyen by Teller Chambers, who sald: ** That money was received on bonds and other escurltos, sud hu was credited with ft, but for what reason 1 don't know,"—a very jucid cxplanation to be sure; but nEuodnonu a8 thaz of Bydoey himsclf, who stal od sway for Liaif ap hour aid Mr, Ward knew os much when Myers stopped as be did when ho began. As to the asscts of the concern, Sy, Ward says thero are certaln reasons why they should not be made publk, A deal’ of ‘huuting has yet to be doue, snd he doesn’t waut o _L"{m ate “hopes which nay not be reallzed.’ The truth s, the “resources!' ara ' largely fictitious, and It ls pretty lhard to ‘tel} whether there fs much or 1itild to’ be squeezed out of thew. Henco not thu shadaw ot sy Liea cun be givewas to what dividend will be pald. In ono thing thus far yun out, Mycrs did tell thetruth. 1o sald §7,500in collaterals had becn put up to secure $3,000, and amonge thein wus i morigage for §2,00 about due, sud'whiich would free the remulning $5,500, lle ulso told Mr. Ward that Mr. Westfall,, Mr. Goudy, aud bl sclf were the Directors. Put tho records of the BYRNING BESSION. Thue Association assembled (n the evening fo fl::‘lrldlm' ondivary, with Dz, N. & Davis i the Dr. Davis futroduced tho business of the ovening i a briel speeeb, in the course of which e failed sot to inake Lhe custolary reference o the carly duys of Chicugo, when the city was bleased with ouly one sewur, aud frum this polut he brought the evontful history up to its pres. cot buppy condltion, when a Natlonal Health CONNECTED WITil THB DANK, Iu fact, so far us Mr, Jewett kuew, Dr, Turpin had uever Leen in there, The bauk oflicers huew lin by reputation, and by roputation on- l)“. ’{L‘f' were willlug to accept upaon his rep- utatlon. Assoctation was permitled to read essays to*| yy individuals will also open up very soon. The “The Court remarked tuat if he had not becy | Coming down to particulars, Dr. Turpin sald | Directors were not where L sald they wery, nor | 4 not wholly rzone Is show by the fact that all | Paris; Grand Treasurey N. C. Nasou, Peardi; | itself in patatial hutels. ? ¥ ¢ -‘mvr&z‘rff.‘ssl‘mrm‘s‘: . Turpl wus cotirely e o b e i bond s ebe by | oae tors "on fontg 1n ther vaule.” Witk the | those whoso stability has not “peen qucstionsd | Orand Guardian, C. W, Sclinelier, Beardgtown: | ' ‘Dr. Hower A. Jobusun was the fret readerof | citployes of the Pennsivaots Coul Cowpany 0 hupartidl, sud that be uo intervst in thy Crand Sentinel, W. F. Oweus, Bellevlile; Grand Trustees, L. Rosenthal, Lincolu; ¥, J. Btofen- blil, Beleville; J. M. )lhh'r. Danvlile. The representatives to the Supreme Lodgas are II. A. Coffcen, Danville, for 1w yuars, and W. IL; McCorinlck, of Beardstown, for one year. The alternates are rish, of Mattoon, for two years, and J, T, Richardsou, of Veuice, for one year, The Order ol tho Kulzhts of llonor was ptarted in Loutsville, Ky., tn 1573, There are now Grand Lodges in eizhiteen States, and tho Order oxtends into nearly all ths States. Tha pu.-mbenhlp oumbers now between 25,000 and ,000. spproved, tu inake out a statement of the con- u?u-m of the bank at tho eurliest posaibly date, aud wubinig it to the Court. Ile was uot at ail in favor with the plan of keepiug the depositors {n suspense, and he would sccondingly exert bitsell jn season and out pf seasoitto prepare o relisble stutement, which be would subinit to the Court. By ‘this bo did not wish it to be understood that ho should refuse the press_any lofurmstion before ho submitted it to the Court, but when he did have suything {wportunt to tell be proposed to tell itto the depositors, through the "Court, 50 thut they night koow it was rellable intorimatlou, sod not inere gosalp. He hud recelved cnough sppiicy- tions from persous who wanted positious (o si- able bitnn t0 man & uew bank if he was golug into that busluess. OI course, very many of thewn would pecessarily be disappointed. " He twd 10 mnmufl skiliful experts to assist b in exawmlniog the books, und he was quite ue fres to say that if there were sy uvderbended transsetions Lo dld wot Lo licve they would escuve bils potlee. He be- lwved, bowever, fmplitly i Mr. Haives? Louesty, uud egurded Lis follure ws one due records, b would be pojaslle to Jearn if fhere wero any stockholders, asud whether any one is liable on that account. There 18 uo stock-book, and no book with stubs in It. it has been nacertained that George Chandler holds quite a lares number of . BONDS AND MORTOAGES to sceure what Myurs called loveatment certifl- «atea’ It ls dosbtful, uowover, whicther these can be reached, 3 Bo far, uo evidoncs of fndcbteduess to the Btate or to the Fidelity has been found, though it has been stated that Miyers got fuuds from both iustitutions. it Is believed that the col- laterals sud real vatato ho put up belonged to tue bank, thougl be guve his Individusl notes. “Whether this 1 s0 or not will b Jearued by Bat Bw’uethl.ng may bo gt out of & lot of property pear tho Norlhwestern car-shops, owned by My®s, but worigared, by paying ofl the liens. Unqueationably some wouney witl bo Eemc«l Ly the assets, but at present, 83 belore stated, it 3 dificult to tell bow much, as very littleln s tungible shape las yet been dug up by tho He- celver, Fully 8 week more will clupse belore a Pittson bave called 3 mecting for Lo-morrod, and there & every reason to believa that thev will also vote to tesutme. The backbouo of the strike is yirtually broksn In the Wyomiog lvt giow, and where {6 great rejolving Ir this city o nizhit over the prospect of lmuiedlate resup tion, Spectdl Disousch o Tae Caicago Tridund. LITEURURG, Py Sk, 2—Tho _stelling otk miners st Steubsoville, 0., Mnrmm"rm ber, are again manifestivg an ugly dis This worniug a lorce of fifteen wen coll 5 £010 work iu the gruvel-pit sbaft. As {‘ v{ wero approaching the pit they were met EN delegation of strikers, whu warned thew Il whst go no furtber, and that il they attewpte 1o enters the shadt (b would be at thelr own D;Ju- “The wen, who wauted to work, after consi o ed (b was not safo to veutun returued from the wurksi u cowplafu vitterly 90 ud the pinjority uf them u’} are fu wbzonte need of |h»“ daily labor to by dood. A sulliclent foree l"l‘d be atatioued ot Lhe miues to protuct thuse ¥ desire to waike are recejving deposiia; and, so far as can be learned, all the reinaining ones are fully able to weathier the present siwoon, ‘The Dircctors of the Iilinols Truet passed & resolution yes ay to reducs the rate of futer- est to 4 perf cent after the Ist of Janusry. The Hibernfan officers proposs doiug the sunie, The reasou for such action Is thies At the rate of interest for whicl moncy can Lo salely loaned now, it Is liopossible lora savings bank to pay over 4 percent, and run “strong,” sud make auything for the stockbolders.. To run stroug, a sayings bank must slwuys carry 50 per cetit of its depoeits fu cashor I u clasas of securitics whiich I brivg cash ut any thoe. Uovernments Wil uot wet over 4 cent. Such bouds us Cook Counties, Chicago sixes and mvn:nnl,duml othiers equally sd fiul. will ouly tet, conslderjug the premium to puld for thew, from 63§ to 55 ver ceut. lu- cludiug the cush that it Is necesaury to keep on naod, and which draws no luterest, the luvest- ent of 60 per cent of the deposits fn Grst-cluss bonds will yicld the bauk ouly drom 434 Lo 4 per cent jutereat, Tho remsinlug 50 ocr cent ol the deposits vould be luaued wafuly aud Judi- the evening. His subject was entitled **Tho Bantary (icography of Phihlsis Pulinouals and Other Pulinonary Diseascs fo Chicugo and Othier Cities of the Nurthwest,"-iu other words, consumption i1n the Western States. ‘Ihe questions iscussed bf the Doctor were: First, hat Is the relative frequéncy of phthisis pul- moualis iu the Northwesternd Btales, 3a coti- vured with the Northeastern Blates! secound, Ducs pbithisis pulmonalis, relatively to other causes uf death, becowe wore frequent as pdp- ulation iucresses In the United §lates? third, What s the nmatlo of Inircase, il ‘auy, in the two scctfons of the country wentioned, nawcly, the North Atlsntic and the Nortb- western States? fourth, Wbat are the causcs tlal modify the prevalence of tlis discase in the two scctions, and more capechlly fo the Nurthwestern Statcst ‘These questions wers exhsustively discussed Ly Dr. Juhusun, who adduccd a vast array ol statistics o support of his theories. Iu ton- clusion, be said i3 paper bad reference to the facts of distnbution sud the reasuos for dif- ference of distributios of consuwaption. It was voly suggestive of modes of preveu- watter vhe way or snotlier, bo would not have sppolnted Wi, fr. £, A. Otls inquired {f it was understood that the boud wus to be $600,000, and the Court sakl it was. Mr. Otis sald he would sce Dr, Turpia and In form biw st voce. ‘Lue Court desired to know if the bond could be prescuted by 18 o'clock. r. Otla could pot say as {o that, but he wuuld see Dr. Turpin at oucs and bave the boud prepared as 5000 us poosible. ‘Then uruse Mr. . B, Hurd and planted bim. self squarely b the attituds of ooy in favor of supuressivg news In regard to the condition of the bauk, Mr, Hurd looked with an evil ¢ye u\.uu tho seportess while ho weunt on with uls little spueech, designed as 8 sort of vust-pocket edition of the guz-law, He agreed ~ennirely in the sppolutinest of Dr. Turpiy, bus there was auother matter be would like W wen- tlou, It was the watter of bringiog the cutire ullairs ol tho beuk befure the public, He would Uke, i it could be doue, that f6 sbould be waderotowd by Alr. Turpin that it was vt dor —————————— CROPS. To (e Edilor of The Tribune. Cauxroy, Wurea Co, IlL, Scpt. 25.—No frost so far to lujure vegetation of any descrip- tlon. Corn is not yet out of danger of [roat; 1t wi)l take two weeks befora it Isout of danger, ‘The'cars are large nud well tilled, snd we will have about—perhaps Dot quile—an averasu crop, but the quality already promises to Le et~ ter than wsual, D. C. Guauax.