Evening Star Newspaper, November 14, 1894, Page 1

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THE EVENING STAR ——_-——— PUBLISHED DAILY EXCEPT SUNDAY, AT THE STAR BUILDINGS, 1101 Pentsylvania Avecus, Cor, 11th Street, by Th i ee eee Few York Office, 49 Potter Building. The Evening Star is served to subscribers in the eity by carriers, on their own account, at 10 centa Der Week, o- 44 cents por month ies at the Seunter 2 cents euch. | By mail-anyw! ‘uited States or Canada—postage prepaid—30 cents Per wouth. Saturday per year; Quintuple Sheet Star, $1 00. With foreign posi Office at Washington, D. C., 88 _secord-clasy mail matter.) E7All mail subscriptions must be paid in advance. Kates of advertising made known on application. — Che Zvening Star. Vor 85, No. 21,042. WASHINGTON, D. C., WEDNESDAY, NOVEMBER 14 1894—-TWELVE PAGES, TWO OENTS. —————————————X—— Te proof of te pudding is in f6e eafing. Yesterday's Star contained 47 cofumns Of advertisements, made up of 839 separate announce: ments. These advertisers fought pubficitp—not merefp Space, GETTING THE GOLD Where Some Came From Under the Last Bond Call. ———_-+—__ FURNISHED BY THE TREASURY ITSELF It Might Be Compelled to Furnish elt All. SOME CURIOUS FACTS There are some curious and interesting facts connected with the call for bond: which, despite certain curious rumors in the last few days, has been issued. One of these facts is that, under our currency laws, it is not only theoretically, but prae- tieally possible, for any syndicate of bank- ers that should be so disposed to compel the government to furnish all of the gold necessary to purchase the entire issue. This could be done by the presentation of legal tenders for redemption. As a matter of fact, it is ascertained that, in round numbers, the government received, net, for the Feburary loan, only three-fourths of the apparent proceeds of that loan. The other fourth was furnished by the govern- ment itself, through the redemption of legal tenders, presented for the specific pur- pose of obtaining the gold with which to buy the bonds. It appears that the pro- ceeds of the February loan aggregated 352,850,280. This sur was received in gold. But the treasury authorities think that they have definite enough information to state that of this sum $15,000,000 were fur- nished by the government fiself, throug the medium of legal tenders, which were presented to the subtreasuries for gold, with which the payments for these bonds were made. One Quarter of the Gold F; the Treasury. In other words, of the proceeds of the February loan in gold, nearly one-quarter ished by of the entire amount of gold was furnished |- by the treasury itself, through the redemp- tion of legal tenders. To that extent, at least, the government paid out of one sub- treasury window one dollar in goid for every four dollars which it received. It is the purpose of the Preasury Department now to keep a close watch and record at all subtreasuries of the amount of legal ten- ders presented for redemption to secure the gold for the purchase of these bonds. There can, of course, be no calculation as to the amount of goid which will be drawn from the treasury at this time by legal tenders to secure these ten-year 5 per ceat gold bonds. but, inasmuch as there is so much idie money in the money centers, it is hard- jy to be supposed that any smaller ratio need be expected. On the basis of the pro- ceeds of the last loan, therefore, it is to be assumed that the government, in order to replenish its gold reserve, must part with one dollar in gold to receive four dollars. Indeed, as the government can place no re- strictions upon the amount of legal tenders which shall be presented for redemption, there is no reason why this ratio should not be much larger. Might Be Compelled to Furnish All. There is, in fact, nothing in the laws to prevent the government from being com- pelled to furnish all of the gold for the purchase of these bonds, if any one shail be disposed to present the legal tenders for them. If such a course should be pursued by speculative bankers, the gold reserve of the treasury would not be very rapidly replenished by the sale of bonds. The President and Secretary of the Treasury are both agreed that, under existing con- ditions, a few heavy exports would ex- haust the government store of gold. It is clear, however, that the investment in these bonds is a good one for the syndi- cates which handle them. The present quoted price of the bonds of the issue of last February is $118.50, which is 2 per cent more than the price which would yield 3 per cent. Surprise at the Amount Called For. There ts some surprise among financial men that the government should have called for only fifty millions. It is claimed that one hundred millions might have been secured; and that, if it is the purpose of the Presi- dent to restore the gold reserve, and to maintain it at the one hundred millions, one hundred millions would be none too much; and that the administration would be subjected to no harsher criticism from some members of its own party for the is- sue of one hundred millions than for the issue of fifty millions. It is the issue of a single bond that will cause the complaint. ‘The gentlemen populists and the repre- sentatives of unsound money are already beginning to declare that the administra- tion must be arraigned for the endeavor to maintain the national credit by replen- ishing its gold reserve. But, inasmuch as the call for bonds will mature November 24, and there is no probability but that the treasury will then have received its gold, or at least the first installment of 20 per cent, it is difficult to see what the gentlemen of the congressiona) barricades are going to do about it. Disingenuous Statements. There is one other circumstance in con- nection with the bond call to which there are intimations that the attention of Con- gress may be called. The bond call, which the Secretary of the Treasury said last Saturday was not under consideration, and that rumors regarding it must have orig- inated with speculators, has been issued. And it appears from information furnish- ed by the Treasury Department that on the Wednesday preceding last Saturday Secretary Carlisle had entered into a cor- respondence with Mr. Stewart, president of the United States Loan and Trust Com- y of New York, as to the best class of Ponds to use in this then proposed loan. The chronology is bad for the authorities in their dealings with newsgetters. If the reports that a bond call was under consid- eration, which were made as late as Satur- day, were started by speculators, who were the speculators? But that is another ory. Undoubtedly Senator Peffer will- endeavor to ascertain. The Hawaiian legation in this city has received advices from Honolulu showing the great success of the American union party, composed almost entirely of an- nexationists, at th. October elections for senators and representatives. It is said at the legation that the platform of the American party declares for political union with the United States, for revision of the tariff, so as to prohibit competition with American products and manufactures, and makes unmistakable the friendly feeling of the members of the party for the United Btates. —__—_-.—____— Pension Granted. Amog the pensions granted today were, the following: District of Columbia—James T. Keane, Brightwood—Edwin T. Whitcomb, Levi T. Baker. Berning—Lucius Jones and John Lancaster. Maryland—Wm. Francis Cole, Elk Neck; Oscar Crum, Frederick; William Ward, Baltimore; Dollie Harris, Annapolis. —_—_—_—_—__-s2-___—_ Inspecting the Military Prison. Col. H. C. Corbin, A. A. G, and Maj. George B. Davis, J. A. G., have gone to Leavenworth to attend the annual meeting ef the military prison board which will meet there on Monday next. Maj. Gen. McCook is president of the board. IN NORTH The Rumored Oonference Between Senators Gorman and Ransom Denied. Democrats, However, Hope to Prevent the Election of a Re- publican Senator. The There is not much stock taken by demo- cats In the story printed this morning of a conference between Senator Gorman and Senator Ransom, at which a proposition to secure one of the North Carolina sena- terships was discussed. Ransom denies that there is anything in the story, and the chances are that the scheme will not materialize. ‘The «proposition laid down was to have an extra session of the pres- ent legislature by the governor of North Carolina to meet at once for the purpose of electing a successor to the late Sena- tor Vance, Jarvis now filling that vacancy merely by appointment until the legisla- ture shall have had an opportunity to fill it. There is no question of the power of the democrats to do this if they have no com- punctions about using mere physical force. A Bold Thing to Do. But it would be a bold, bald-faced thing to do, and any one with a little foresight May see that it would ultimately operate greatly to their injury. It would be an extremely short-sighted folly, now that the people of the state have expressed their choice, electing a fusion legislature to fill the senatorial vacancy, for a demo- eratic governor and practically defunct legislature to take recourse by sharp prac- tice to thwart the will of the state. The opinion is expressed that it is hardly to be conceived that they will be guilty of such folly, but if they should be they would hardly profit from it, for it may be safely assumed that all the populists in the Sen- ate, condemning this action, would join with the republicans to prevent a Senator so elected from taking his seat. From Mr. Ransom’s denial it would seem that the plan had been abandoned, if it was ever for a minut entertained. Hope to Avoid a Republican Senator. ‘The democrats, however, have not aban- doned the idea of ir some way preventing the election of a republican Senator trom North Carolina. If they have it in their power to tempt the populists of the North Carolina legislature to go back on their alliance with the republicans they will probably avail themselves of it. The demo- crats would much prefer to see two popu- list Senators from North Carolina to a division between the populists and the re- publicans. ‘The prospect of their being Successful in any of their plans, however, is as remote as their plans are obscure. ————_- eo —___ EAGER FOR THE BONDS. for the Lean, LONDON, November 14.—The new United States loan of $50,000,000 is hunied after everywhere here by financiers who are de- sirous of taking a portion of it. The stock market will be only too pleased to take any amount of it. Many inquiries have been made during the day at the Morgan's bank- ing house. The big loan, will be most w comed by the investors here who have idle money. ‘The Rothschilds informed the Associa:ed Press that they are most cordially support- ing the issue, and that they have cabled to the Belmont banking house to subscribe to the new loan promptly in their name. The Probable New York Subscribers. NEW YORK,November 14.—It is believed that the largest subscribers to the new government loan will be Drexel, Morgan & Co., the United States Trust Co., the Union Trust Co., J. & W. Seligman & Co., Brown Brothers; Kuhn, Loeb & Co. and Speyer & Co., some of whom will act as agents of English and German financial institutions in subscribing for the bonds. This ac- counts for the weakness in sterling ex- change and reichmarks. John A. Stewart, president of the United States Trust Company, said today that the circular asking for bids issued by Secre- tary Carlisle was the best ever issued by the government. “It protects the govern- ment,” said Mr. Stewart, “‘at every possible point. There is no doubt as to the success of the loan. The bonds will ail be taken and paid for in gold, and the government will not have to pay a cent more than 3 per cent for the money. It is possible some of the gold received tor the bonds may be brought from Europe, and it is also pos- sible that some bids may be received on even more favorable terms than 3 per cent. I cannot say anything about any syndicate bidding for the bonds, because I do not know of any, but I know all the bonds will be taken. Every tub will have to stand on its own bottom, and every one will have to make an individual subscription. In my opinion no subscription will be received the maker of which cannot pay for the bonds in gold not previously withdrawn from the treasury therefor. There will be no diffi- culty in getting the gold, and any sugge: tion that there may be is foolish. ‘The banks will provide the gold, and they will have no difficulty in getting the bonds if they want them. The terms of Mr. Cai lisle’s circular make the subscription open to everybody. There is a demand for the bonds, and, mark my words, the issue will be a complete success.” _—_ CHINA'S FLEET TO ATTACK. Prince Kung Takes Chief Direction of Military Operations. From the New York Herald today. SHANGHAI, November 13.—Six ships of the Pei-Yang squadron left Takut yester- day with instructions to attack the Japan- ese. Prince Kung has assumed the supreme direction of military operations. Prince Ching, the president of the Tsung-li-Ya- men, is second in command. ‘The foreign ministers in Pekin will have an audience on Thursday with the emperor inside the palace. Viceroy Li-Hung-Chang, in speaking to a visitor lately, expressed his readiness to meet Field Marshal Count Yamagata, the Japanese commander-in-chief, in order to open pourparlers with him. Another Blow at Viceroy Li. ‘The announcement that Prince Kung has been invested with the supreme direction of the military operations against Japan marks another step in an important trans- formation which the war has brought about in exalted administrative circles in China. For some time past the Pekin government has been assuming that complete Initiative in national affairs which formerly was ex- ercised at Tien-Tsin by the Viceroy Li- Hung-Chang. : When Prince Kung was brought back from retirement and disgrace a short time ago, he was appointed co-director with Li- Hung-Chang of the war arrangements. But this was only the thin edge of the wedge. It was evidently the emperor's intention to rid himself of Li-Hung-Chang’s autocratic administration, and by the appointment just conferred upon Prince Kung, the vice- roy, so far as the control of the war is concerned, is completely and definitely shelved. —___—_ ++ —____ Passed Assistant Surgeon M. F. Gates bas been ordered to the Pichmond A Busy Time in the Loans and Cur- rency Division. HR. CORPS MISSION SATISFACTORY He Thinks the Amount Will Be Oversubscribed. WHAT BANKERS SAY The loans and currency division of the office of the Secretary of the Treasury was @ very busy place today. That is the office where all the clerical and other work in- cident to an issue of bonds is performed. Today's work included the mailing of copies of the Secretary's circular inviting propos- als and blank forms of proposals to all the assistant treasurers, for the benefit of per- sons desiring to subscribe to the new loaa. The bulk of the blank forms were sent to New York, as it is evident that most of the subscriptions will be made in that quarter. Form of Proposal. The following is a copy of the form of proposal: . I hereby propose under the terms of your Circular of November 13, 184, for U. S. five per cent ten-year bonds described in said Circular, of the face value of....... . dollars, and I agree to pay therefor. at the rate of . +++. and accrued interest per $100. I further agree upon due notice of the acceptance of this subscription to deposit the amount thereof in gold coin or gold certificates with the U. S. Assistant Treasurer at eeeeee I desire (re; or coupon) bonds, in denominations as stated below, and I wish them to be delivered to me at. (Signature) ... sane To the Secretary of the Treasury. Coupon. Registered. 50 $. 0 - 100 $. 100 $. 11,000. §. 1,000 3. 10,000 $. No Delay Printing Them. The new bonds will be identical to those issued in February last, inclusive of date, but will contain three less coupons, as the interest on them begins November 1 instead of at February 1, as in the case of the others. Consequently the same plates will be used for printing the new bonds, and there will be no delay whatever on that score. Inasmuch as the offers will not be finally considered until November 24, it is not likely that the principal bids will be submitted much before that date, inasmuch as the holders will want the ad- vantage of the latest information as to the state of the money market before finally deciding upon the terms of thelr bids. Although not so stated in the circulars, it is said that Secretary Carlisle has fixed upon an upset price of $117.223, the same as in the February loan. His correspond- ence with prospective subscribers in New York has convinced him that the Joan can easily be floated on terms as good, if not more advantageous to the government, than those of the loan of February last. Prices Which They Should Bring. The subjoined table prepared at the Treasury Department, shows the prices at which the new 5 per centond should be sold in order to realize to the investor cer- tain rates of interest from 3 per cent down to 2 1-2 per cent, with one day's interest on $100,000; One day's interest on $100,000, 21918 Price. 117.223 117.815, 1is.411 119.010 Rate realized. 9-16 per cent. 21-2 per cent. Result of Mr. Curtin’ 3 Assistant Secretary Curtis, who has been in consultation with the moneyed men of New York for several days past, returned to the city this morning, and reported the result of his mission to Secretary Carlisle. He is enthusiastic over the situation, and is contident that the action of the depart- ment will have a most beneficial effect on the general business of the country. In conversation with a Star reporter he said there will be no diffigulty whatever in floating the loan, and at better rates than before. In his opinion, the loan will be oversubscribed, and at liberal rates. When the bonds were issued in February last, he said, there was a general feeling of distrust, and the conditions were generally unfavorable. Now, however, there is a feeling of confidence in the market, with every indication of improvement in the future. He regarded the conditions as highly favorable for the success of the present plan for replenishing the govern- ment gold balance and a resumption of business prosperity, the latter being a natural consequence of the faith of the people in the stability of the national financial system. What Bankers Say. Mr. J. A. Stewart, president of the Unit- ed States Trust Company, who has prom- ised his co-operation in floating the loan, is quoted as having said: “The government cau borrow all the money it wants at 3 per cent, and it won't have to pay any more. The other 5 per cent bonds are selling today at less than thet. Why, there are inquiries today from Europe for the bonds, and they can all be sold there and the gcld brought to this country for 3 per cent.” President F. D. Tappen of the Gallatin Bank of New York has intimated that the entire issue had practically been subserib- ed for by @ syndicgte composed largely of foreign bankers, although nothing more than an understanding existed. The sale of the bonds would probably lower the rate of exchange, anc bring some gold from Europe, which would replace the gold yleldee by the banks to pay for the bonds. Mr. Tappen does rot think it would he necessary to touch the gold on deposit in the clearing house, amounting to $32,000,- 000. The associated banks have $50,000,000 in their vaults, and an effort will be made to equalize, as far as possible, the demand for the gold. No bank, it is understood, will take recourse to the treasury for re- demptlor of legal tender notes to meet the demands of customers. It is said the Treasury Department has had assurances to this effect. As to Foreign Capitalists. Whether foreign capitalists will invest in the Ican will not be positively known until the subscriptions have been received. The impression at the department, how- ever, is that the bulk of the loan will be subscribed by home institutions. oo ——_—. Condition of Railroads. Senator Wade Hampton, commissioner of railroads, has transmitted his annual report to the Secretary of the Interior. He states that the universal financial and industrial depression has had its effect on railway earnings, but notwithstanding this depression the Union Pacific, including the Kansas Pacific, is the only bond-aided rail- way to pass in the hands of receivers dur- ing the year. The accounts of the bond- aided companies have been examined and @ personal inspection of the properties of the Union and Central Pacific Railroad Companies have been made “CAROLINA| THE NEW BONDS DISTRICT LEGISLATION Mr. Heard Says Looal Measures Will Be Vigorously Pushed. The Sewerage Bilt One of the Pend- ing Matters—Improvements in the Railroad Systems, Chairman Heard of the House District committee is in the city for a few days, having been called to Washington upon some personal business. Mr. Heard ts one of the Missourl democrats who was swept out by the republican tidal wave which submerged that state. He does not con- sider it a misfortune, however, in his own case, as he had previously announced his intention not to become a candidate for renomination after the Fifty-fourth Con- gress, and he is very well content to re- tire to private life and look after his own interests two years earlier than he liad otherwise intended. Mr, Heard says the republican victory in his district was due to apathy among the democrats and the stay-at-home vote. Overconfidence on the part of the demo- crats also figured in the matter to a cer- tain degree. That district has heretofore been such a rock-ribbed democratic strong- hold that the party workers did not think there was cause for any unusual efforts this year, such as were put forth in one or two other Missouri districts, resulting in the election of the democratic candi- dates by small majorities. Mr. Heard will return to Washington by the first week in ember and resume his duties as chairman of the District committee. He will endeavor, he says, to push the District legislation as rapidly as possible and accomplish as much as Possible during the ahort session before im. “I shall make every effort to bring the sewerage bill before the House and get it through,” said Mr, Heard today, “for I consider that one of the most important bills in behalf of the District coming be- fore Congress in recent years. The evi- dence taken before our committee during the last session proves conclusively the need of sewerage improvements in the Dis- trict of Columbia, and the methgd for securing the improvements proposed by that bfl commends itself. There is un- doubtedly a strong feeling on the part of the citizens that the bill should be passed at an early date, so that the work may be commenced as soon as possible, and I shall do my part toward.urging Congress to give the people whet they want in this respect.” “Do you think the @hprt session will be prolific of District legislation?” Mr. Heard was asked. “It is very hard to say at this time how that will be,” answered the District chair- man. “I really do notjqew how much we will pe able to accompish. There ure those who think that the wa@k-of the short ses- sion be confined’ Benerally to the preparation and of the appro- priation bills, which auparently would af- ford opportunities for District legislation between times, but it Js mot always when circumstances ‘are the mest. favorable on the surface that the most work can be accomplished. -However, there need be no fear that the District cofamittee will spare any effort to get its legislation through. There is considerable business on now, the calendar betng/ pretty well stock- ed, and I cannot undertake to say what new legislation the tee may decide upon. The street rail business is in good shape. The 1 ion of the last session in this direction was the most im- portant and far-reaching which has heen had for many years. One particular feat- ure of it, which will be appreciated more from time to time, is thai the city streets have been saved from indiscriminate in- vasion by railway tracks, while at the same time the service hay been vastly im- proved and extended; When I came to Congress every street railway in this city but one had bobtailed cars and there was not a mile of grooved rail in the city, and I think I nided the enactment of the legis- lation which resulted in the present cable system. That provision of the Metropoli- tan bill which we passed at the last ses- sion, authorizing the use of existing tracks by :ul roads, is destined to prove of great value to the city and to add greatly to the service.” _ ——— APPROPRIATIONS COMMITTEE. The District Subcommittee and Three Others to Meet. Chairman Sayers of the House commiltee on appropriations has telegraphed the clerk of that committee that he will ar- rive in Washington on the 2th of this menth, with the view of getting the ap- propriation bills under way as tar as pos- sible before Congress convenes on the 3d oy December. The three month's session never affords any tog much time for the consideration of these necessary measures, and there is especial reason for expedition in the preparation of the bills for the ap- proaching session, owing to the probability of the loss of much time in chaffing over the late elections. ‘The democrats expect @ good deal of this from the republicans, and naturally desire to be able to forestall it with business as far as they are able to do so. Appropria- tion bills always have right of way, and can be used at any time by the majority to displace a disagreeable or frivilous question. The estimates for only three of these bills, the istrict of Columbia, the fortifications and pension bills, have so far been furnished, but it is understood that other estimates will follow soon, and that by the time these shall have been dis- pesed of by the committee other bills will be ready for its consideration. ‘The subcommittees which have these three bills to deal with, have been sum- moned by the clerk in, obedience to Mr. Sayer’s instructions to‘meet on the 22d instant. ‘There have been no changes in the membership of any of these subcom- mittees, except in that on the District of Columbia. A rearrangement of this sub- cummittee has been necessitated by the retirement of Mr. Compton, who was its former chairman. Representative Wil- liams of Iilinols, who formerly held third place on the subcommittes, has been ad- vanced to the chairmanship, Mr. Dockery of Missouri retaining seeond place, to which he was origirally appointed, and Mr. Robertson of Louisiana being given a place on the subcommittee. ° A FALLING OFF. Only Forty-Eight Men on City Post Office Today. The iron work on the second and third stories of the post office building is so near done now that the force ‘of men has been materially reduéed. There were but forty- eight in view today, and this will piay havoc with the averages later in the weck. The iron frames have been practically finished way around to the northwest cor- ner, while the stone work is being run up on the east and south sides of the building. The main work, however, is at the north entrance, where a great effort is being made to catch up with the walls. The cen- tral and east arches have been finished and the spandrils are being set, with all their glory of carving. The west arch is being left out for the present, in order that the heavy stones for the tower may be hoisted into place without damgging the delicate stones of the doorway. Bricklayers are busy filling !n the centfal cores of these two arches, which are of stone only on the outside. Remained in the Ceuntry Today, ‘The President remained at his country seat today, and all visitors to the White House transacted their business with Pri- vate Secretary Thurber. DECLINES TO GO Colonel Coit Refuses to Testify at Washington Court House. WOULD BE IN PERIL BELIEVES HE No One Dares to Speak in Favor of Law and Order. THE SITUATION IS GRAVE COLUMBUS, Ohio, November 14.—Great events are brewing at Washington Court House. Col. Coit declines, by advice of his attorneys, to go to Fayette county to be ex- amined as a witness by the coroner con- éerning the part which the fourteenth Ohio National Guard took ‘n cbedience to or- ders of Governor McKinley, to assist Sheriff Cook in protecting Dolby, a negro, who confessed to rape, and who.had been sentenced to twenty years in the peniten- tiary. In giving that protection four per- scns were killed and about a dozen wound- ed by the military firing upon the mob when it had broken open the doors of the court house to get at the negro. Col, Coit’s attorneys, George K. Nash and Henry J. Booth, assure the governor that Coit’s life would be placed in jeopardy by going. ‘The coroner declined to come to Colum- bus to take Coit’s deposition, insisting that he shall go there. Because of injury to their business, leading law-abiding citizens of Washington Court House have assured the governor, privately, that if Coit were to go there he and Sheriff Cook, no doubt, would be thrown into jail, charged with murder, after which the coroner would be- come sheriff ex-officio, and that men whose friends were killed would ride the country and gather a mcb, ané both Coit and Cock, especially Coit, would be dragged from the jail and lynched. Goverror McKinley Las assured Col. Coit th e were to go and harm were offered, the Whole power of the state, and the nation, if necessary, would be sent to his st pport. Col. Coit’s reply to that is: “What good would that do my wife and family, after I had been killed or lynched?" Lieut. Col. W. P. N. Darrow, a graduate of West Point, but now a citizen here and en officer of the fourtcenth Ohio National Guard, said to the governor that the regi- ment would not suffer Coit to be injured, and asked the governor to detail an escort to protect him. Pending this conversation, and while the governor was considering some plan by which the sending of the military might be averted, Col. Darrow said: “Governor, the detail from the fourteenth desires to go with your official sanction. If you can- not tee your way clear to give such sanc- tion, I will have the regiment go as indi- viduals and with guns, to protect the col- onel in case harmeds-offered.” In that event, and !f shooting were to occur and blvod be spilled, the men, it Would seem, might be indicted for murder or shooting with intent to kill. The situation is very grave. It ts so grave indeed that the representative of the Associated Press cannot give the names of law-abiding and well-known men at Washington C. H. whom he has seen privately, and who are conferring private- ly with the officers of the state. Attor- neys at Washington C. H., who say that the governor and the military did right in maintaining the law, absolutely refuse to assist in the legal defense offset, because it would be tantamount to making ar- rangements to practice law in some other county. All law-abiding mouths in Wash- ington C. H. are as still as death. The other side is doing all of the talking. The question which is confronting the governor is; Shall a sheriff, elected and sworn to execute the law, and a,colonel, ordered to his assistance, be sacrificed for doing their official duty? Rev. Dr. Gladden, who denounced the mob in a letter to the Columbus Dispatch, declines to give out for publication let- ters received from Washington C. H. froni both sides, because of the fact that the writers would be made to suffer by mem- bers of the mob. He was threatened with assassination if he came there for any purpese. He burned that letter. It is men- tioned to show the feeling at that place. Publication of all these events is made here today. —— CHINA APOLOGIZED. w ited Until the Last Moment Before Yielding to England's Demands. TIEN TSIN, Novernber 14.—The officials of the Chinese government this morning made the apologies demanded by the Brit- ish government officials for the outrage committed by Chinese soldiers on board the British steamer Chung King in August last. The Chung King was saluted by the guns of the Taku forts and the required apology was made to the British minister. On November 6 last a dispatch from Shanghai to the Associated Press an- nounced that an ultimatum had been sent to the viceroy regarding the Chung King affair, It demanded that within seven days the Taotai, Sheng, be dismissed and de- graded, that the Chung King be saluted with twenty-one guns from the Taku forts and that a money indemnity be paid to the owners of the Chung King. If these demands were not complied with within the specified time the British of- clals threatened that the fleet under the command of Admiral Freemantle would make reprisals, and it was believed that steps had been taken to occupy the import- ant island of Chusan, which commands the line of communication by sea between the northern and southern provinces of China. The British occupied this island in 1841, during the first war between China and England. Eventually the Chinese govern- ment succeeded in recovering Chusan by giving up Hong Kong in exchange. ——e es SODEN FAVORS EIGHT CLUBS, ‘The Annual Convention of the Na- tional Base Ball League. NEW YORK, November 14.—The annual convention of the National Base Ball League was opened at the Fifth Avenue Hotel today. From present indications little more than routine business will be transacted at the meeting, with the exception of the pre- sentation of the pennant to the Baltimore club. No motion reducing the circuit from twelve to eight clubs will be dealt with at today’s meeting, but {t may come up to- morrow. A. H. Soden denies the accuracy of a statement attributed to him in a morning paper as to the admittance of Al. Johnson, now of Allentown, but formerly of Cleve- land. “What I did say,” said Mr. Soden, “was that while there was not even a likelihood of Mr. Johnson being invited into the league, if he bought an interest in any league club he would be welcome. I am in favor of an eight-club league as against a twelve-club one, but I think it a matter of far more importance to have harmonious action among our clubs than anything else.” On tho presentation of the pennant it is likely a warm discussion will take place as to the advisability of first and second clubs playing for the Temple cup. THE FIRST CONTROLLER He Reports the Operations of His Office for the Last Year. Certain Important Recommendations Made—The New Dockery Sys- tem of Accounts. In his annval report to the Secretary of the Treasury, First Controller Bowles gives a detailed account of the operations of his office, and suggests several changes in the general methods of business. Warrants to the number of 50,907, ard to the amount of $2,210,349,785 were examined and passed during the past fiscal year, and 29,769 ac- counts, involving $7,571,902,865, -were ad- Jjusted. The accounts of the officers of the United States courts continue to be the most difficult of satisfactory ad- justment. The chief reason for this arises from the manner in which they receive their compensation, all of them be- ing paid by fees varying with the amount of business transacted in their offices. It is believed, says the contrcller, that if these officers were put upon permanent annual salaries, with fixed allowances for ex- penses, the principal difficulties now ex- perienced would be overcome and a direct saving.to the government might be effect- ed. If the present system is to continue, he urgently renews the recommendations made in his last annual report, that the jurisdiction of the district and circuit courts of the United States concurrent with that of the court of claims, upen suits brought by thése officers, be taken away, and that the jurisdiction of the court of claims in such cases be made exclusive. Another serious inconvenience in the set- tlement of the accounts of these officers arises from the insufficiency of the appro- priations for the payment of their fees made by Congress in the regular annual appropriation bills. It is recommended that the attention of Congress be especially called to this matter, and that they be urged to make ample provision for those objects in the regular appropriation acts for the next fiscal year. -It is suggested that Congress be recom- mended tv provide that all fees and allow- ances made to officers of the courts be paid out of the regular appropriations for their fees and compensation. The Dockery Accounting System. In regard to the Dockery accounting sys- tem, under which the office is now operat- ing, the controller says: “The act of July 31, 1804, making appro- priations for the legislative, executive and judicial expenses of the government for the fiscal year ending June 30, 1805, makes @ decided alteration in the accounting of- fices of the treasury and a radical change in the system of accounting. The detail revision of accounts heretofore made by the first controller, as weil as by the rcc- ond controller and the commissioner of customs, is abolished, as are the offices of the second controller and the commis- sioner of customs, the first contraJer heing made the sole controller of the treasury. A revision of accounts under the new sys- tem will only be made when either the head of dissat! count by the auditor, or when troller himself has reason to believe that any particular account ought to be sub- jected to a second révision. Much labor will be saved by this system, and the ad- justment of accounts ought to be greatly expedited, It is believed this can be ec- complished without danger of mistake or loss to the government. +2 +______ GERMAN SALT DUTIABLE. The Attorney General's Opinion Rel- ative to the Favored Nation Clause. Attorney General Olney, in response to a request from the Secretary of the Treas- ury, has rendered an important opinion, in- volving an interpretation of the “most fa- vored nation” clause in the treaty between the United States and Prussia. The ques- tion which was propounded to the Attorney General was whether salt imported from the empire of Germany is dutiable under paragraph 608 of the new tariff act, which provides that if salt is imported from any country, whether independent or a de- pendency, which imposes a duty upon salt exported from the United States, then there shall be levied upon such salt the rate of duty existing prior to the passage of the act. As Germany imposes a duty upon salt exported from the United States, German salt is apparently subject to the proviso just quoted. The German ambassador, however, claims it is entitled to come into the United States free on two grounds, one of which is the “most favored nation clause,” embodied in the provisions of the treaty of 1828 between the United States and Prussia. It is assumed, says the At- torney General, for present purposes, that the treaty of 1828 binds the United States as regards all the constituent parts of the German empire and the claint of the Ger- man ambassador, founded upon this clause, must be pronounced untenable. The United States concedes free salt to any nation which concedes free salt to the United States. Germany, of course, is en- Utled to that concession upon returning the same equivalent, but otherwise she is not so entitled, and there is/nothing in the most favored clause which compels the United States to discriminate against other nations and in favor of Germany by grant- ing gratuitously to the latter privileges which it grants to the former only upon the payment of a stipulated price. Then, again, the tariff act is a statute later than the treaty, and so far as is consistent with it, 1s controlling. As at present advised, therefore, the Attorney General holds that salt imported from Germany is legally dutiable. — THE CALAMITY CRY. Congressman Baldwin Says It De- cided the Election, Congressman Baldwin of Minnesota is in the city, having arrived from Duluth last night. Maj. Baldwin is a democrat, one of the few now extant in his district, most of the others having disappeared since the election of 1802, when there were 17,337 in his district, according to the official re- turns. “Oh, I know what you are going to ask,” said Maj. Baldwin today when he saw The Star man coming, “you want to know how it happened? Well, I'll tell you; it was the calamity cry. The people were having hard times and they blamed us for the condi- tions. Up in the iron mines they told the workmen that if the democrats came into power the mines would be closed or wayes reduced, but that if the republicans should win the mines would be worked and wages increased. The miners believed the state- ment and voted accordingly. Forty per cent of inat mining vote 1s Catholic, and yet they walked up and voted for an A. P. A. man ior the reason given above. Ncthing else could have induced them to do that. “Did we gece the change coming? Not a bit of it. I as never more certain of any- thing in my life than of my re-electio: ‘There was no indication of the dissatisfa tion which manifested itself on election day. Men who had kept their intentions to themselves just walked up to the polis and secretly cast their votes for the ie- publicans and quieted their conscience with the plea that as hard times were so bad, and the democrats said to be responsible for the condition they would vote for the republicans for luck and see if it would bring the rejief promised.” THE U. S. CURRENCY The President Will Advocate Its Enlargement. FEATURE OF THE NEXT MESSAGE Banking Propositions Now Being Caretully Considered. A CHANGE NEEDED President Cleveland is credited with « purpose to be as dramatic in his message to the post-mortem session of the Fifty- third Congress as he was in that famous tariff message of hi- first administration, It is pretty well urderstood that Cleve- land sees no more advantage to himself in harping longvr on the one strain of tariff reform, and that, anticipating that tho silver men will force the issue of finances to the front, he proposes to rush to the front with a general banking proposition providing a basis for the expansion of currency beyond what is possible with a singk gold standard and a 90 per cent bank currency bared on United States bonds at a premium. ° Favored a State Bank Currency. Dering the first regular session Mr. Cleveland expressed himrelf privately as being very favorably disposed toward the democratic proposition of state bank cur- reacy, to be revived through the repeal of the 10 per cent tax. Though he frequently intimated that he might indorse this prop- osition in a message, he failed to do #0, probably fearing its éffect on the election. His ideas on the subject, however, were very imperfectly formed at the time. He expressed in a geueral sort of a way that there ought to be some sort of govern- mental control of any currency permitted, His Probable Scheme Now. From the position which he occupied at that time and the purpose he now has to present a scheme for the enlargement of the currency through the agency of the national bank system, it is supposed that his message will present a proposition which will have all the expansive quali- ties as to currency which would character- ize the repeal of the state bank tax, but which at the same time will confine the right of issue to banks accepting govern- ment supervision under the system of na- tional banks. In a general way it is sup- posed that he will favor a national bank currency on other accepted securl- ties besides the government bonds. Hopes to Divide Southern Silver Men, Cleveland knows that the southern free silver men do not, as a rule, care partic- ularly for silver itself, but are Inflationists, and desire an expansion of the currency, to make money more abundant. He doubt- less hopes to divide the silver men of this section by a proposition to meet their de- mands for an expansion of the currency in @ manner which will not of necessity divorce the southern from the democrats of the east, and make a sec- tiomal line of demarcation in Politics. It is said to be the President’s opinion that the present system fs extremely vicious and that it is responsible to a great extent for the financial distress of the country. The details of the proposed plan are withheld for the present. It is under- stood that the general plan embodies many of the features of the plan for the amend- ment of the national banking act adopted at the convention of bankers recently held in Baltumore and commonly known as the “Baltimore plan.” T Baltimore Pian. The President is said to be favorably impressed with that plan for the inprove- ment of our currency system, because it provides for @ currency that would be gauged by the needs of the country, ex- panding when money was in demand and contracting with the removal of pressure ‘or it. A plan alternative of that of the con- vention and which has been called to the President's attention, if government bank- ing is to cease, provided fer action by Congress to retire the legal-tender notes and to withdraw from circulation all money. issued by the government. The banks, according to this plan, would do all the banking in the country. They would be authorized to issue circulating notes according to their capital and sur- plus, with the feature of an elastic cur- rency retained. The United States and treasury notes would be retired in favor of bonds at a low rate of interest, :prob- ably 2 per cent. Banks might take these bonds and issue notes up to their par value, depositing the bonds as security, When the banks desired to contract the circulation they might sur- render notes and withdraw their equiva- lent in bonds. As the needs of business called for an increased circulation, the bonds might be presigacreel es. ja in the treasury and the notes reiss' Still Another Plan. Still another plan considered by the Pres- ident is the one devised by ex-Treasurer Spinner, and championed in Congress by William D. Kelly of Pennsylvania. It pro- vided for the issue of money by the gov- ernment to citizens as they might apply without employing the banks as currency channels. Money thus issued was to be secured by government bonds bearing in- terest at 3.65 per cent—the lowest rate for a government issue in Gen. Spinner'’s time —and bonds and notes were to be conver- tible at any time. A citizen with bonds might deposit them and have notes issued to him directly. When he could spare the money the citizen might turn it into the treasury and recover his bonds. According to one authority, the Presi- dent is convinced that the existing cur- rency system, which originated in the stress and excitement of war times, re- quires radical reforms to meet the changed conditions of the country. He will have a great deal to say on this subject in his message, and will undoubtedly make @ strong argument. ‘The last report of Indian Agent Dew M. ‘Windom, made to the Indian office before the present agent took charge at Musco- gee, I. T., throws considerable light upon the conditions in the territory which have resulted in troubles of considerable mo- ment, such as the reign of terror caused by bands of robbers and marauders. He points out in the first place the necessity of the enlargement of the courts in the Indian territory. Attention is called to the evil of land grabbing, as_ practiced by those who have married Indian women. He notes the opposition of the Indians to breaking up their tribal relations and to take their lands in several ———_-2 <_< Will Taboo Foot Ball. BALTIMORE, November 14.—The Druid Hill Park board has decided to allow no more foot ball games in the park on ac- count of too frequent exhibitions of brutal- {ty, and also because the large crowds attracted to the games block the driveway. Fi it i etd Col, McCaull’s Funeral, BALTIMORE, November 14—The re- mains of Col. John A. McCaul, the veteran theatrical manager, who died at Greens- boro’, N. C., Sunday, arrived this morn- ing. ‘Funeral services will occur at St. Martin's Catholic Church at 8 o'clock this evening.

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