Omaha Daily Bee Newspaper, July 1, 1893, Page 1

ESTABLISHED JU MR. CLEVELAND ACTS He Calls an Extra Session of Congress to Meet on August 7, TEXT OF THE PROCLAMATION IN FULL Oauses Which Mr, Oleveland Says Move Him y to Prompt Action. FINANCIAL CISTRESS AND UNCERTAINTY Some Remedy Must Be Found tuat Will Re- lieve the Business Situation, SURE OF THE REPEAL OF THE SHERMAN ACT Why the President Changed the Time of Calling the National Legisiature To- gether from September to August —~Comments on Iis Actlon, WASHINGTON, Juno 80.—The president left here at 4:20 this afternoon oyer the Pennsyl- vania rond for Buzzara’s Suy, Mass. He will be absent from tho capital three weeks or more, his stay depending upon circum- stances. Seeretary Lamont accompanied the presi- dent as far as New York. The president's determination to leave the city was only reached thi suddenly leaves o number of important ap- morning and his departure so pointments agreed upon unsirned, and many senators and who have re- cently arrived, in the lurch, It is under- tood that the president will transact only the most urgent public business while at Buzzard's Bay and what oficial announce- ments are to be made will be given out at the exccutive mansion in V Proclamati Col At 6 o'clock this evening the following proclamation was issucd: ExecuTive MANsION, WASHIN June 80.—Whereas, The distress and appre. hension concerning the situation which prevade all business clreles already caused great loss and damage to our . people, aud threaten to eripple our merchants, stop the bring dis- tress and privation to our farmers, and with- hold from our workingmen the wago of lubor; and Whereas, The present perilous condition is largely the resultof & financial poliey whieh the executive branch of the government finds embodicd in unwise laws which: must be exe- cuted until repealed by congre: Now, therefore, T, Grover Cleveland, presi- dent of the United States, In performance of & constitutional duty, doby this proclamation, declare that an extraordinary occasion re- quires the convening of bothhouses of the congress of the United States at the capitol in thiscity of Washington on the 7th day ot August next, at 12 o'clock, noon, to the end that the peoplo may be relieved through legis- lation from and distres All those entitled to act as members of the Fifty-third congress are required to takoe notico of this proclumation and attend at the time and place above stated. Given under my hand and the seal of the United States at the city of Washington, on the 30th day of June, in the year of our Lord, one cight bundred and ninety- three, and of the Independence of the United Stutes, the ono hundred and seventeenth, Grover CLEVELAND. Way Under Pressure, The president had left directions for the fasuance of the proclamation before his de- parture for The determina tion to call the extra session the first week fu August instead of the first weelk in S tember, it is ur congressmen hington. Ing Congress. itoN, D. C. finuncla have wheels of mauufacture, present and {mpending dunger thousand erstood, was only definitely arranged at this morning’s cabinet session, after giving full weight to the numerous tele- grams received from all parts of the coun- try urging this course. A conside which caused the president to change mind was for tion his shadowed in the remark mado by one of his cabinet ofiicers two day that if tho president received reasonable assuratces that there was a likelihood of o prompt repeal of the so-called Sherman pur- chase law, he might be disposed 1o call con- gress together than he had an- nounced. 1t is inferred from the fact that the president has done so that he considers he has obtained the assurances he desired Most of the tabinet Jowed the preside curlier members have fol- t's example and left th city, or are leaving tho o tions proclamatien speaks for itself and decliae to discuss tho situation further, DISCUSSING Th ¥ for brief vaca- Those who remain say the president's SITUATION. ators and Congressmon Express Thom. wolves on Cleveland's Actlon, WASHINGTON, June 80.—The reason to believe that all the to the timo of the meeting of dulged in prior to 1 p. m. today work. them, as it turns out now, were very lucky guoesses, and others we qually unfortunate, [t s almost conclusively established that tho calling of an August sesslon was not determined upon until after midday today, and consequently could not have been communicated to any person in confidence or otherwise, days in advance. The plain facts appear to be that the disturbance of values arising from the uncertainties of the situation grew so alarm- tng that Mr. Cleveland at last was compelled to acknowledize that “‘the unexpected con- tingencics necessitating an earlier meeting of congress,” which he spoke of in his cele- brated interviow of June 5 had arrived The action of the British government in Inds brought matters to a crisis. Previous 1o that startling event, Mr. Cleveland had manifested a firm determination to adhere 1o his plan of calling congress together in September. Watcliod the Course of Event After the suspension of silver c India the president declined to |lleuk further about his intentions until he should be prepared to uct, and each of his cabmet oficers maintained similar silence, It may be stated, however, without violation of confidence, that from the day when the sunouncement of the action of India wa mude, the president took steps to keep him. self forewsrned through the press dis. tenes of tho slightest approach to a panic the woney market aud prepared ab auy seems every ulations as gress in: were guess cou Some age in woment to take the course which he has Bow adopted. Wheo teday Lo found telograms on his table, not only from the eastern and middle states. but also from the south und even some of the silver states arging that con- gress be called together at the earliest pos- sible date to end the uncertainty, he de- termined to delay no longer, but even in tak- ing this action the president took steps as tar as he could to prevent its being known before the Stock exchange closed. 85 as to avoid any appearance of excreising undue in- fluence on the stock market. ator Voorheos Talks, The effect of the announcement upon ors and representatives in the city was very marked. Senator Voorhees, chair- man of the finance committee, first knew of the president’s act when informed by an As- sociated press reporter, He was not sur- d. “That being the case,” said the or, “it will not be long until we aro again at work. Inasmuch as congress has to deal with this subject of finance it is well twe wet about it, and the sooner the bet- 1do not know if congress can, or will bring relief to the country, but it has simply to malke the elfort and there is no wisdom in delay. The condition of the country. cer- tainly, to my mind, deserves prompt and de- action, especially in view of the fact that everybody seems to be depending upon congress for a solution of our financial troubles. Ithink the president has acted wisely and I have no doubt that as soon i congress gets to work, it will repeal thy Sherman act. W1 voted ngainst the bill when it came up on an aye and nay vote when it passed, and told the silver men who supported it that it was not the legislation they neeaed for silver, an1that they would live to regret the day they supported it. Thatday has come, 1 shall vote for its repeal. It must not be understood, however, that T abate asingle jot_or tittle of my adherence to the coinage and the use of silver as money, under proper regulations, for its parity with gold.” Favors Repeal. Senator Harris, president pro tem of the senate, could not be seen personally, but from one to whom he had spoken relative to the calling of an extra sessiou, it is learnca that ho expressed tho belief that the soon it was done the better it would be tor the wholo country Representative Dockery of Missouri de- clined to discuss the probable action of con- gress when it comes to deal with the mou question. “I can exp N0 view on th question,’ 1 Mr. Dockery, “for the reason I have not tallced with enough mem- bers to know whethier the Sherman law can be repealed or not. Unless I knew what o canvass would shiow it would be foolish for me to make a prediction. So far as the ac tion of the president is concerned I think it is eminently wise under the circumstances,” “It s a good thing,” said Mr. Bynum of Indiana, “and 1 believe it will result in the vrepeal of the Sher- man law, at the door of which much, if not all, of the present financial trouble can be laid. The earlier congress repeals the Sherman act the better it will be for all. 1 beliove it can be repealed and fail to ec any great difficulty in wipiug from the tatute books a law which cverybody con- demns and nobody favors. Indiana is for re- peal.” Had Been Expensive ta the Country. “I voted against the Sherman act before and will vote for its repeal now,” said Mr. Brown of Indiana. **Mr. Sherman’s law has been terribly expensive to the country at large. The Sherman act, it is claimed, was passed to prevent the cuactment of a free coinage bill, 1t would be nearer the truth to say that it was passed to keep Mr. Harri- rom vetoing u free coinage bill and ap- pearing before the country as an opponent of silver. 5 The president's proclamation, its dffect and the probable result in the action of the coming congress, were the leading topics of conversation in the hotel lobbies tonight, where politicians are aceustomed to gather ‘I'here was a notable iucrease in the mem- bers of the next house, the report naving drawn them to news centers, where th discussed the situation from every point of view. The action of the president, it is ap- parent, meets with the commendation and approval of most of the inembers and politi- cians now in the city, and the opinion is neral that the Sherman act will be lis proposition is not refuted, probably for the reason that free silver men who will conduct the fizht against repeal have very few members now in the city. The free silver men, however, will oppose any attempt to repeal the Sherman law with all their strength, he fact that the mines in the west have been closed will be used as a weapon to force any wavering member in their ranks back into the fold. LOCAL SE TLMENT, Views of Several O Extra Congressional Session. President J. H. Millard of the Omaha Nutional bank was scen last evening at his residence on Harney street and interviewed on the probable effcct that an extra s of congress would have on the mono situation. have heard, Mr. Millard, of the ) extra session of congress has been decided upon for August 7, presumably for the purpose of repealing the Sherman act? asked Tie BEE reporter. Mr. Millard looked pleased. 0, 1 had not, but I am indeed glad to learn of it I think it will have an immediate effect for the better on the interests of the country The late distress has been more of the mind than of the pocket, and this news will have a tendency to vestore confidence among in- vestors and business men generally, in. much as it is the popular belief that the re- peal of the Shermun luw means botter times for the country, 1t is gencrally understood tha will be repealed, and that the extra session is for that purp Ldon't think the silver people will find themselv riously dum- aged when matters become settied, as they soon will be. “Yes, I think the worst of the troubles is over—things couldn't h wuch worse, you know-—uand rel be rizht at hand. — Tam suie that and the public generally will unite in an ex- pression of satisfuction at the action taken by the administration.” v W. Yates' Sentiments, >resident H. W. Yates of the Nebraska ational bunk was found yesterday eugaged in tying up grapo vines and lookingas though he had never a thought of the silver ques- tion or the financial crisis, am glad to hear it, v it," he exclaimed upon b tion taken by tho pre 1 had hoped for this, and ouly last Satur- day 1wrote to Secretary Morton, us did other bankers here, pointing out the nec sity for something of the kind, and while, of course, we do not pretend to any credit for tno action taken, wo may be” allowed to flatter ourselves that our suggestions did not fail of consideration. 1 think that good results will manifest themselves almost im- mediately, all over the country,as a result of this move “Of course the repeal of tho silver law is the primary object for convening congress in extra session, but I hope and by e there will be further legislation for the benefit of the silver men—I am & bimetallist, myself. *1Idon't think small investors and deposi- tors had much to do with bringing about the stringency in the money market. It was Bankers on the t the law financial ve been Hon, ry glad to hear ing informed of the sident and cabine due to the action of European and eastern | investors, who, frightened by the policy of the goverument in depreciating the value of silver and anticipating silver payments, withdrew all their iuvestments, wherever possible. 1do not believe the distrust has cen goneral. The repeal of the existing act and some action for the relief of the silver men s all thatis needed to restore coufidence “and put new life into the bus- fuess world, and “the news just received will turn the tide toward the shore. No, the silver men won't be hurt by the repeall They are hurt all they can be, already, 1look for an immediste chaoge for the better.” TALKED THE MATIER OVER. — Congressman O'Neil Advises the President on the Fiuanclal Situation. WasmiNaroN, June 80. — Representative 'Neil of Massachusetts was one of the FAGE, INUED OX NEW YORK MONEY MARKET Owing to the Action of the Clearing House the Bituation is Much Easier, ITS PROMPT ACTION IS HIGHLY PRAISED Prominent Finan-lers of the Opinion that the Worst Is About Over. oney \Was Easlly Obtained Yesterday—Loan Certificates Freoly Taken. EW Yonrk, June 30. was the center of The money market attraction in finan- cial circles, rather than the stock market, as a result of united action of the banks rep- resented in the clearing house committee, The situation was reported to be much easierin consequence of the prompt steps talken by those banks toavert a money panic and on every hand nothing but praise was heard for the action of the presidents of these banks, This morning a well known financier, him- self a director of more than one large na- tional bank, speaking of the action of those banks, to a reporter, said: *“The action of . Simmons, Tappen, Cannon, Baker and Nash yesterday in taking out clearing house certificates for their respective bunks is highly commendable. These gentlemen will probabiy be criticised by some people for ‘cateri ng' to Wall street, but in times like the present it is of the utmost impor- tance that the stock market and money mar- ket should be kept in u normal condition. For, notwithstanding the cry against ‘the street’ it is the life blooa of the wole coun- try and if it is damned up or the stock e ch closed, as was the case in 1573, it br untold disaster upon the country. The free movement of stocks enables the banks to resort to theiwr call louns and own- ers of securities are afforded a quick market, which, in these times, is very desirable.” John A, Stewart ident of the United States Trust company, said: “T think money next week will be com pa; v casy.” Loaned Money Irecly. The banks which took out certifi freely lent the money thus made available without decreasing the cash in their vaults, as was shown by their debtor s at the clearing house this morning, which, of course, were paid in loan cer es which had to be taken by the banks having credit balances. Those debto aluncy were as follows: Gallatin National bank, 527,000 Fourth National bank, £500,000; Iirst N tional bank, 21,500,000; Chase Naticnal bunk, £303,0005 Corn ISxchanize bank, 2278,000. The two bavks, the presiderts of whi are members of the clearing house- I committee, but who did not join with their conferees in taking out any loan certificates, are the Importers and Traders National bank and the Chemical National bank. G. G. Williams, president of the last named bank, snid this morning. in explanation for not doing s0, that the Chemical bank was not so closely connected with Wall street as the banks which have taken out certificates, al- though it lent money in Wall street and had perhaps done as much us some other bank: o relieve the wmonetary stringency. * fact,” suid Mr. Williams, “our ioans at pres- ent are §23,000,000, which is more, I think, than the loans of any other-bank, aad 1s enough to have out. 'We have 7,000,000 in cash and really do not need any certificates. 1 hieartily approved, howerer, of the action of those banks which took out certificates yesterday and votod in favor of it. ‘The re- sult was undoubtediy very beneficial,”” Lonn Certificates Issued. The banks took out £4,475,000 of loan cer- tificates today, the balance of the £9,000,000 authorized yesterday, and in addition to that the Clearing House committee author- ized 81,500,000 more at its meeting today, which will probably be taken this afternoon, making the total amount issued to date 217,080,000. The rate for 11 money this afternoon prior to 2 o'clock was 85 per” cent. Many loans, however, were renewed until next Wednesday at rates varying from 20 to 25 per cent. One of the banks which took out loun certificates today bought some paper at from per cent for sivable to 15 per cent for single name paper, according to time and ck acter. It was said that there was not much commercial paper offering, ana it was arzued from the fact that werchants weve in fairly gooil shap Bank officers reported that the demands of the country were much lighter in amount, but the applications were very generally dis tributed. 1t was noticea that only very short time paper was being received and that was believed to inthicate th. strain was about to end, No extraordinary shipments of currency to the country were reported thisafternoon by the banks, and at the subtrea said there had been no teleg t of money to the country. About £00,000 in notes of small denominations had been ex- changed for gold, of which only £50,000 were for the country. Increaso of Confiaence, The feeling of confidence here ereased by the quotations from Y.ondon, where all American securities were higher. Despito this indication of confidence across the water in this country’s securities Great Britain scemed determined to hold on to her gold. Efforts of locul firms to secure any quantity of it have 8o far been unsuccessful. The result of attempts of Kuhn, Losb & Co. in this direction are 1 of the situation, here wi report that the firm had in- nded taking $3,000,000 of loan certificates and investing the amount in British bullion for trausfer to America, In part the report is correct, but only to the extent of the cn- deavor of the house to get gold abroad. Mr. Jucobs Schieff of the fir plained it in this way: “We do want to wold from the London market, but we have been trying to buy on our own account. We have not at- tempted to got any of the loan ficates, But for some time past we have tried to purchase gold 1 London. Of course, we do not go direct to the Bank of England, but to our customers, We caunot get American bar gold, as it is not to be had in the market 10 an, nt justat present, at least can get English sovereigns, but do not to take the gola in that form, owlng to the exchange. It is quite true that we so far have been unable 1o buy over there what gold we w nt. Effect of Cleveland's Proclamatl President Cleveland’s action in calling an extra scssion of cougress for August 7, next, thirty days ahead of the time generally expected, was o decided surprise in finane circles, At first the report was not credited for the reason that ever since the orisis in silver and the money warket there huve been almost hourly rumors about an extra session. ‘The reports have been denied time und time again, and Wall street became so set in its opiuion, that even when it was definitely announced late in the day that the call had been issued, the correctness of the advice was questioned. When, finally, nkers and stock operators were convinced, there was u decided feeling of relict, and the concensus of opinion was that the tendency of finuncial ana commercial affuirs would henceforth be i the direction of improve- ment OA special meeting of the Chamber of Com- morce’ Las been called for 10'clock next Taursday to demand the repeal of the Sher- maun silver purchase law. A Washington special “to a news agency here saye: Seunator Voorhees, chairman of the senate finance committee, saw the presi dent yesterday and in discussing the siver situation later said: I am in favor of the immediate repeal of the purchase clause of the Sherman act. 1 do not say anything shout conditions being attached to the re- eal. The matter of conditions is something bé taken up efterwards. I have not abandoned my Leltef in the use of silver us woney. I never was fu favor of the bullion purchase clause of the Sherman act. 1 c sider it fraudulent and deceptive legislation, which slwply reduces silver to a columodity 10 tth ansfers was in- _and issuce shio plasters ou it. We wight us OMATA, SATURDAY MORNING, JULY 1, 1893, s g SINGLE well buy and storo up eordwood. clause should be repealed st once.” General Harrison faterviewed. Ex-President Harrison, when seen at the Fifth Avenue hotel tonighteand asked as to his opivion on President Cleveland's call for an extra session of congress, was very loth to talk at all on anything connected with silver. In response, however, to a question as to whether he thought Mr. Cleveland's action wise, he said, that presuming tho latest dispatches contained correct informa- tion, it was about the only thing Mr. Cleve- land could consistently do. “If he thinks said the ex-president, “‘that the country is 1n & state of strangula- tion, and that he has a remedy, why the sooner he applies it, the wiser he will show himself, 1f He thinks that he can give the necessary relief, he had better lose no time. The cry is that there is not enough money, 1 think that there is plenty of money. but that the people are holding” on to what they have got and harding it. “T am not preparcd to an August session of confidence, which That ¢ whether I think congress will restore is safd to be demoralized. There may be serious obstruction, 1 cannot tell what may be sthe oxtent of Mr. Clevy land's knowleage on the subject, but 1 know that they would not have repealed the Shel man law for me. Responsible for the Sherman Act. 1 think that perhaps altogether too much complaint and stringency has been loaded on the Shermun law, There are a great many other causes which have contributed to the present state of affairs, In tho first place, that law w: and representatives, of whom many were outspoken advocates of the free coin- age of silver, and many thought that its effect would be to place” silver at $1.20 an ounce, The democrats were entirely re- sponsible for that. “If Mr. Cleveland thinks he has the rem- edy for coin and that he is able to apply it, why did he not do =0 before? Why didn't hecall an extra sion of con; last April? “If you find a man hanging, with a rope strangling nim, and cat it with a knife, that is all mght. But if ypu wait until the next day and then use your kuife, you are open to serious critis Thatsall I care to say on the subject,” Bimetallists In Consultation. General A. J. Warner, president of the Bi- metallic league, came up from Washington this afternoon and held a conference with Senator J. P, Jones of Nevada, who is stop- ping at the Grand hotel, on the monetary outlook. The announcement that congress w an extra session August ¥ essary for the bimet gethér, and after a long discussion on the subject it wus decided to call @ convention of the Bimetallic league, to be held some time prior to (the date fixed for the extra session of congress. It will proba- bly be about the muddle’of July. No place for the convention hasas yet' been agreed upon, but both Chicago and St. Louis are mentioned, und General Warner said tonight that he favorea the latter. After the conference a reporter saw both General Warner and Senttor Jones. General Warner was asked to express himsclf on the present condition of the silver question and said: “We have now arrived at the most critical period of the centur In fact, I consider tha prosent move- ment with d to silver the most important economic revolution in all history. It is a lifc and death struggle, not only for bli.cuviiom but for metaliic’ money.” If bimetuilism -goes, monometallism™ will also go and tuspriteiple of the- auto- matic regulation of mowey, that is to suy, its regulation throtigh the production of the mines, will eome to an end. Bimetallists favor the retention of both gold and silverat a parit:, butat what ratio can be determined only after Bath are ‘admitted to monctary use on equal ‘erms. If, after that has been done, the Tiaited States cannot maintamn the parity of 16 to 1 the ratio can be changed, as it has before.” What Senator Jones Sa, At this point Senator Jones added: the gold produce and the income and credi- tor ¢ conspire in their interests to destroy nutomatic system by the demonetiza- tion of one of the metals, and the only one of the metls that promises a supply suflicient to maintain equity of contracts and stability of prices, and to prevent a destructive rise in the value of the unit of money, it need not bo a matter of sur- prise if the producing classes and the debtors in turn should unite to serve the other metal in the same way.” General Warner lett tonight for Washing- ton, bat Senator Joues will remain in the U sowoe time longy sm, 11 hold makes it nec- lists to come to- thed MAY RUN A MONTIL Omuha Smelter Will Not Close Down Bo- fore August Next. It will be several weeks before the furnace fires in the great Omaha and Grant Smelting works, the greatest of the kind in the world, are permitted to go Qut even if the silver market continues at its present low ebb and the owners of the smelting works decide to close down, [he present indications are that we shall have to follow nearly all other institutions of the kind in the country and eventually shuvdown,”said Mr. Nush yesterday, ‘but w nnot very well quit for at least a month yet. [t will take about that lengthof time to get thoroughly cleaned up. Some of the smelters in Denver are already discharging few men, I sce. They let out avbout 100 yesterd They are probably in shape to Shut down quicker thut we aré and they are going right at it.” “‘Have you discovered anything i the situ- ation that gives you hope for a favorablo change in the financial world that will make it possible to continue the manufac- tare of silver “1 cannot say that T have. I'he fact of the business is we are in the midst of a sort of whirlwind aud none of us know much ubout the actual conditions or what the country is coming to. 1sce that silver hus dropped an- other penny in London this morning briugs it down to 60 cents an ounce in York, There is one thing sure, govern- ment will have to begin‘buying now in a few days and that may huve a tendency to stim- ulate the wmarket a kttle. The govern- ment will have to buy the amount stipulated in the Sherman bill, which is 4,500,000 ounces permonth, duriug the nest three months at least, for congress is uot likely to mect until September and the luw prescribes thut this amount must be pnm\ sed every month, But what the ultimate effect of all these things will be it is impossible to say. We shall have o walt and see, 1 sunposc The Omaha and* Grant Smelting employs in this city over 800 nen aud uight and day RED CLOUD BANK SUSPENDY, works runs Farmers and Merchants Closed to Protect All Intepests. Ren Crovn, June 80.—[Special Telegram to Tug Bee)—For some days past there has been o gradusl withdgawal of funds from the Farmers and Merchants bank of this place. This morning the following notice wis posted on the door-of the bank tep CLoUD, Nob., June 80.~At & moeeting of d of ‘directors of ‘this bank held at Juno 80, the following resolution i : fved, That in view of the condition of k we deem it unwise to do furth business until after cousultation with the bunk exawiner, und the casbior 15 hereby cted to request the examiner to come without delay." I accordance with the above resolution the doors of this bauk will be closed uniil further notice. W. 5. GAnueg, Cashier. Particulars are not obtainable at this time, but the deposits ure large. The colluteral is considered good. Popositors will get their mouey. Various Lflnus looking to the re- opeuing of the bank without throwing it into the hands of a receiver are talked of, but nothing definite can be said about these as et. ¥ Kelth Couuty Bank Closed. OGALLALA, June 80.—[Special Telegram to Tue Bee.|—The Keith Couuty bank closed its doors at noon today and is in the hauds [CONTINUED 0N SECOND FAGE.] s passed by a majority of scna” | WHEY THE VICTORIA SANK ! Survivors Reach Malta and Tell the Story of the Dreadful Wreck, CAME THROUGH TRYON'S OWN MISTAKE He Ordered an Evolution for Which Na Had No Room-Iiravery of the Men m the Faco of Cers taln Death, (Cor yrighted 1893 by James Gordon Bennett.) Marra, June 80, —[New York Herald Cable ~Special to Tue Bee.]—The grand harbor was thronged with boats containing rela- i s and friends of the Victoria's crew and the bastions were black with spectators when, at 10:15 today, the Phaetonand Edgar arrived from Tripoli, bringing the survivors of the awful wreck. There was no cheering for the survivors, because sorrow for the lost was the dominant feeling. The silence was impressive us the ships passed uv to their moorings, The rescuea blue jackets were soon surrounded by crowds as the survivors were transferred to the Orion, which had been prepared for their tempo- ravy reception A friend on the Camperdown sends me the following us the cause and result of the col- lision between the Victoria and Camper- down: Admiral Tryon made a signal for the scc- ond division to alter its coursesixteen points, intending that the divisions should turn round toward each other, but there was not room to accomplish the movement, for the squadron was procecding in two lines 1,200 feet apart and each ship reguires more than 600 feet to tuen in. The first line was the Camperdown, the Edgar and the Phacton, The second line w the Victoria, the Nile and the Dreadunaught, Only Ono Question, Tryon's signal to the second division to alter its course sixteen points having been obeyed, it was, owing to the absence of suf- ficient room for the evolution, simply a ques tion of which would ram the othe The Victoria was struck just before the turret, the penetration being more than six feet. The Camperdown left her figurchead on theVictoria’s mess deck. The Victoria heeled over to starboard instantly, and appearcd to be scttling rapidly, but Admiral Tryon signalled the other ships not to send boats, doubtless believing there was no necessity, but thirteen minutes afterward the Victoria turned bottom up and went down head fore- most, with her screws going round and her machinery working. Some of the survivors were actually on tho bottom for a short time. Fleet Paymaster Richard was picked up alive, but injured fatally coming up from the sinking ship. I'he sight was awful, but no lives were lost that could possibly be saved. All the ships’ boats were engaged in the rescue. The Camperdown reached Tripoli after the wreck, five foev down at the bows. Ho Mistook the Distance. The squadron was making for anchorages when Tryon siznalled to change lines. 17 2 Camperdown, not answering promptly, because she saw there was not sufiicient room, the flagship asked, “What are vou doing?” Then the Camperdown, it is stated, Commander Smith, remarked to ‘Pryon, “There is not room enough,” but Tryon kept on. Tryon was on the bridre, directing after the collision. He did not despair of saving the Victoria until she actually turned over. Surviving ofiicers of the Victoria have not heard of the reported incident of Tryon’s re- fusing a life preserver offered him by a sailor until they arrived at Malta, and doubt its authenticity. I have just had a loug interview with a ing officer. He states the discipline was absolutely perfect throughout, not a man or a midshipman wavering for an in- stant. Two prisoners were unlocked from the cells and one was saved. Ninetcen wero in the sick ind they were all got on deck by Dr. Ellis and his assistants. One was @ midshipman down with fever. He w: brought up in a chair by Dr. Ellis, but was drowned. Many more could have been saved if morc bouts had been on the spot, but the admiral signaled that voats were not needed. Beyond Human Criticism, The opinion prevails that the person chiefly responsible 4or the disaster lies at the bottom of the sea undor the Vie- toria. ptain Bou feels the disaster keenly, and is much depressed. All the sur- viving oficers of the Victoria look careworn and badly shaken, 1 hava just scen Lord Gilford, deathly pule and on crutches, Jelticoe, who wi with saved, 15 convalescing. who perished was an only son and the lust of his line. Dr. Eilis was carried dowa with the ship, but came up with the escaping The men tried to help one another while the water. Everybody, without excep showed calmucss, Cl aged the men with hero perished in Morr appointment to this satisfaction, He is Commander fever but One midshipmun wis in on, lain Morris encour- latest breath, A Admiral Seymour's command g his s general END OF AN EXPLORER, Young Duke of Uzes RReported to Have Lost His Lifo in Afriea, [Copyrighted 1893 by Jaines Gordon Bennett.] Pauts, June 80, — [New York Herald Cablo—Special to Tue Bee.]—The death is reported of the young duc d'Uzes, It oc- curred on June 20 in Africa, 1n which country he was making an exploring expedition through the basin of the Congo. e was tho eldest son of the duchesse d'Uzes, who was so promment during the Boulanger excite- ment. The name he I is one of the greatest in the annals of the French nobility. His title passes to his brother, the sccond son of the duchesse d'Uzes, who has heroto- fore been known as the comte de Crussols JAcquEs ST, CERE NO OCCASION FOR FRIGUT, Advices from Paris to the Effeot that Chol- era 15 Not Epidemic in Fran (Copyrighted 1593 Ly James Gordm Bennett ] Paurs, June 50.—(New York Herald Cable —Special to Tue Bee.]—There 18 not the slightest cause for alarm about the roports of a slight choleraic epidemic in southern and southwestern France, as the result of telegraphic inquiries to Herald correspond- ents at Bordeaux, Cette and Toulon show there ave, in truth, a few cases at Toulon and Hyeres-Alais, but they are contlued to those who by thewr habits of life and sur- roundings seem to court the disease, which shows no Indication whatever of spreading or becoming epidemic. Bordesux is entirely freo from cholera, which has been unkbown there since 1554, and her sanitary coudition is jood and her death rate comparatively low Eaglish pepers seem inclipgd to work up a sholera scard in France now that the L«urmJ 800 commences, but there are no facts to 1y alarming reports on, and the chol- re is this year destined to become a o failure. om the Affected Distriots. X, June 80.—[New York Herald Cabley vefal to Tue Bee)-There has been ny \l--ru in this district since 1884, The san Y condition isgood and the death rateds co ratively low Toviox, June 80.—[New York Herald Cable—Special to Tue Ber)—There is no epidemic of cholera here, only isolated cases. Crrre, June 80.—[New York Herald Cablo ~Special to Tue Bee. | —The sanitary ditions aro satisfactory. During the cleven days there have been only ten d from choleraie-diarrhe con- st aths, ITIONISTS Castiihistas (Routed ontinently Near Urnguayana—Sonth Amertean Notes, [Copyrighted 1893 by James Gordon Bennett.) Varranraiso, Chili (via Gulveston, Tex.), June 80.—(By Mexican Cable to the New York Herald—Special to Tur Bee]-—The Herald correspondent in Rivera reports that General Saraiva has gained an important victory for the cause of the revolutionists in Rio Grande do Sul, Brazil. A Inrge body of Castilhistas, under the command of Gen- eral Napa was intrenched in Uruguay- ana. General Saraiva marched agai the Castilhistas and the battle was fought near Uruguayana. The fighting lasted several hours, during which many were killed, the Castilhistas being forced to retire. There has been a great desl of fighting during the 1ast fow days at various places in the south- ern part of Rio Grande do Sul. The engage- ments have generally resuited favorable for the insurgents. Tena May Resign. A dispatch from the Herald's correspond- ent at Buenos Ayres, says a cabinet meeting was held today, but President Sacnz Pena was not present. Rumors that he intends to resign are being circulated Miunister of the Interior Cane has or dered an election of a semator for the capital district, without providing for complyivg with the law requiring the serutiny of the ballots. Several newspapers refer to this action as resembling a dictator- ship. Ofticers of the national guard arc holding secret meetings todiscuss the situa- tion, which is generally acknowledged to be serious. REVC IN A VICTORY. Murdered Thelr Prisoners. 'he Herald's correspondent i Melo tele graphs that General Viola's command has def ed the Castilhista troops. In revenge the Castilhistas cut the throats of the re- volters whom they captured, although they had promised them amnesty. I'he Herald's correspondent in Rio Janeiro telegraphs Admiral Waldelkok pro poses to return from Rio Crande do Sul soon. He will expose to the senate the cruelties committed in that state by Gov- ernor Castilho. From Montevideo the Herald's corre- spondent telegraphs that large bodics of Brazilian revolutionists aro pouring over the fronticr of Uruguay so s to re-enter Brazil. The Uruguayan frontier guard has been ordered to maintain a strict neutrality. Senor Ellauri positively refuses to be a can- didate. President Heneca has condemncd the press for opposing the candiducy of Banza. 2 South Ameriean Notes. The Ttalian bark Bonanza was wrecked off the const of Brazil. All the officers and crew were saved. The Herald's correspond - cut in Buenos Ayres wircs that extensive frauds have been discovered in the manage ment of tho Banco Hippolecani. The vice esident of tho bank has been arrested. From La Paz, Bolivie, the Herald's corre sponaent wires that an ofiicial expedition hus left the capital to found a new city in the Beni district. A regiment of infuntry hias been sent to protect the new city. Reorganizing Nie; Paxama, Colombi « June B0.—|By Mexican York Herald—Speci. to Tue Bee.)—It revorted to be the intention of tho new Nicaraguan government not to appoiut a minister to Washington to succeed D, Guzman. It 18 proposed as a measure of economy to abolish nearly all the legations abroad, including that m the United States Government employes in all branches of service, from under-sceretarics of state down to brakemen on the national railway lines, are being changed. Dr. Medina having dechined the appoint- ment us winister to France and England, Baron Armeda, present charee d'affaires in Paris, has been appointed Nicaraguan min ister to Burope. News from San Salvador Gomez Cordoba, a Colomt has been expelled from ( the steamer Dou Juan that port. He was Jose Marti, a Cuban revolutionist, will go to Costa Rica. Picroln Gathering Wis Army. A dispateh to the Star and Herald from Arequipa, Peru, says that General Pierola has landed at Chola, He s actively organ izing a following in Camana, where he was born, and othier southern provinces of Peru It is evidently General Pierola’s begin u revolution b July 15 to clect a pre s Government, ilveston, Tex.), Cable to the New announces that - journalist who temala, died on just before reaching attacked with hewor- purnose to ore congress meets on Frane BenLiy prot June 30.—Tho foderal council has bited tho export of fodder with t vof proventing the exccution of I orders for hay from £ is very s nce, beciuse fodd @ on account of the drouth, o PROPOSED 10 PUSH THE LINZ, Plan for an Organlzation to Bulld the North and south Rullrosd oLy, Neb., June 80.—[Speeial Tele m to Tue Bee.|—Tho executive commit e of the proposed north and south railroad met this morning and adopted a resotution that committees of each state organize nt once, take hold of the enterprise in their spective states aml push it for all there is init. The Nebraska state committee chose Senator Stewart, chairman; C. C. McNish, secretury; Max Meyer, treasurer. - F. WGREW APPUINTED. He 16 Made Castodian of the MoCaguo Sav- ings Bank, LaxcoLy, June 80.—(Special Telegram to Tue Bee)—C. F. McGrew was tonight ap- pointed custodian of the McCague Savings bank. He is to remain in charge till the officers and directors have an oppor- tupity to reorganize and resume business. Mr. McGrow has been in charge as examiner since the closing of the baak. Tho officers of the bank express themselves as entirely tistied with the decision e Rallrond Recelyer Appoluted, ToLepo, June 80.—[Special Telegram to Tue Bge.)—7This afternoon upon application f C. ana J. Mort of Toledo Judge Richie of | Lima appointed Andrew Brown of Findlay l":,cq ver rq:l n;o Fi %lu,v. ‘:‘t‘rl :\'l)nu & o B way. ) repre- {W.&’a. Y o Lutgroste rey COPY FIVE CENTS DISPOSITION OF MOSHER Washington Authorities Leave the Matter Wholly with Judge Duady. WILL PROBABLY BE SENT TO LINCOLN Why Certain Parties Dosire to Have the Bank Wrecker Kept Within the Ne braska Penttontiary Wil Save Conslderable Exponse. 518 FounTe T STREET, WASHINGTON. June 80, Attornoy Harvey of Lincoln, who has been here sevaral days endeavoring to in- duce the attornoy general to consent to the imprisonment of Bank Wrecker Mosher at Lincoln, instead of confining him in the pen- itentiary at Sioux Falls, had an interview with Mr. Olney today. The attorney wen- eral has modified his position somewhat in this matter, and this afterncon informed Mr. Harvey that ho would be willing to leave the entire matter to Judge Dundy. “If Judge Dundy,” said the attorney gen- eral, “aeemed it advisablo to hold M. Mosher at Lincoln fnstead of sonding him to Sioux Falle, 1 will interpose no objection,” “The object of imprisoning Mosher at_Lin- colu iggtead of sending him to Sioux Falls, as stated here, is thata number of cases growing out of the bank failure and in which Mosher will bo called as n witness, are soon to be_ heard, and if he were impris: oned at Lincdln instead of Sioux Falls it would save considerable time and expense in transporting the ex-banker from one pdint to another. Pulllng for an Lowa MA; J.J. Richard. tional committeeman from lowa, arrived tonight. Mr. Richardson is here to urge the president to appoint L, L rtin second istant postmaster general. visit to the capitol will boof little ser= to his friend Martin, however, as the president left the city this evening for an outing that may be extended soveral wecks. Postmaster Bisscll is here and Mr., Richardson will call upon him tomorrow to urge the appointment of Martin. Mr. Mar- tin js at present general manager of the Des Moines & Sioux City railrond ¢ Ofticors Dissatistied, Apparently one of the most unpopular things that President Cleveland has done, in the estimation of army oficers, was his enforcement of the law aithorizing him to appoint military men instead of civilians a8 Indiun agents. It will be remembered th: barely two weeks ago the president issued an executive order delailing twenty ofticers of the army to a Indian agents at as many Indian reservations. Since that time he and the seerctary of war have been delugzed with letters from these ofiicers and their friends begging that they should o released from his assigument. At least ten of the ofticers detailed vy that order have veen keeping up an almost continuous cor- respondence either with the authorities or with their fricnds who might have influence with them secking for relief from this ap- parently unpleasant duty. Five of these gentlomen have brought such good influence to benr or have pre- sented such good reasons why they should be relieved that their “kick" s been success- ful, and another executive order will shoftly be issued substituting other names for the Owing 1o the well known secrecy ob- served in connection with these muatters the War department previous to the oflicial announcement of the charge it is impossible to get all five names of the lucky ones who have been relieved. Three of them are known, however, They are: Captain Homer Wheeler of the Fifth cavalry, who had been detailed to the Cheyenune and Arapahoe agency in Oklahoma; Caprajn Joseph Hale of the Third infantry, who hid been assigned to the Coleville agency in Washington state, and Captain William P, Rogers ot the Scyenteenth infantry, who wis to haye gone to the Warm -\‘lvring: gency in Oregon. Who the officers are w! will succeed these gentlemen cannot now be ascertained, but the officaal order will prob- ably be promulgated within the next day or two. Wasnixarox Buneav or Tue Bee, } M Secretary Morton will probably remain in tho city during the heated vorm.~ Nearly all other members of - the cabinet have planngd to seek rest and v ation prior to the meeting of congress in August, but Secre- tary Morton said tonight that he expected to stay in Washington Waiter 8. MeNeel of Nebraska was today appointed un examiner of Chippewa ludian lands in Minnesota at 86 per day. Joshua B. Wood has been appointed posts ster at Hiawatha, Dundy county, Neb., vice Richard P. Jumes, resigned. P.'S. H. sellnneous. NATIONAL FINANCES, Uncle Sam's Receipts for the Yoar Wil Be in Excoss of s Expenditu WasiinGtoy, June 80.—Treasury oficials arc deep in the mystery of figures today, closing up the vast money accounts of the government for the fiscal year 180203, The figures will be ofticially proclmmed to- morrow and will show in round numbers that the total receipt for the yeap have ag ated #385,000,000, while ” the expenditures will foot up §353,000,000, leaving a surplus of reccipts above expenditures of 100,000, This was the estimate submitted ‘retary Foster to congress as the prol urplus of the fiscal year closed toda 15 prove it 1o have been propheti- te. In this cstimate, however, Foster did not take into account tho pay- ment of the Clicrokee Indian claim of 4,000, 000. Had this not been paid the receipt would have been §,000,000 In excess of the expenditures, Yesterdny's Appointiments, WasinGrox, June 80.—Enoch Knight of Los Angeles, Cal., recoiver of the land offico at Los Augeles, L. 8. Barnes of Reddng, receiver of the land ofico at Redding, Cal. Robert A, Miller of Jucksonville, Ore. regis- ter of the land ofice at Oregon Cliy, * D W Visdom of Muse kogee, Indlan agent at Union Agency, 1. T, Seeretary Carlisle today mado the “follows ing appoittments: Claia M. Johuson of Kentucky, chief of the burcau of engraving and printng, George W. Castlo of K tucky, custodian of dics, rolis and plates, bureist of engraving and printing. It s stated at the treasury that pointment of director of the miny miade until the assemblage of congress. no ape 1l be In Kogard to Unsafo Bulldings, WasHINGTON, June 80.—As a result of the ccident to the Ford's theater building, Secretary Lamont today issued an order that herealter the chicl of engincers will have chare: of all buildings, either rented or otnerwis ;. oceupied by the War departs wen. or uny of its burcaus or oftices in the Listict of Columbia, 1he Busch buildi ing Seeretary Carlislo ordered tion of the force of the sixth auditor's oflice cmployed in this alleged unsafe struce ture to be dismissed with instructions to re- port again Monday morning. Meantime the work of strengthéning suggested in a recent report of Supervising Architect O'Rourke of the tieasury will be pursued, 7 is closed. This morn. that the pors For Veusion Payment Wigningron, June #0.—Assistant Secre. tary :ims today signed warrants for the payment of §16,000,000 in pensions. This sumw is uu adyance 1o the disbursing agoen ou account of the first quarter of Lhe nexd fiscal year aud is %o be distributed smong all the agencics, e Executed for Murde: f Wistes, I T, Juue 80. —Jos Bird, » Ohoctaw negro, was executed by shooting this morning at Willerton for the murder o his mother-in-law snd wife. The sh shot bim through the heart with a revol atfive paces. Two Qhoctaw ill be shol on next Friday, sud five ob the follow Tuesday,