Omaha Daily Bee Newspaper, August 6, 1893, Page 1

A A A~ A P . PART OX:. ‘ABLISHED JUNE WALL STREET'S VIEW Htooks Boomed on the Theory that Congress Will Act Qaickly. FINANCIAL FORECAST FOR THE WEEK Indications that Speculators May Not Be Correctly Informed SILVER MEN WILL NOT DOWN EASILY Bill Assures Them a Fair Field in the Premises, FAITH IN CLEVELAND'S INTENTIONS 1t Is Thonght the President's Message Will Contaln Very Wholesome Advice as to Relleving the General Dis= tress Existing. New Yonx, Aug. 8. —[Special Telegram to 'un Bee,|—Wall street is looking to con- gress for its cu There has developed among spebulators this week un idea that the politicians will expeditiously repeal the Sherman silver purchasmg law, una that through such promptness the country will gota tonio that will warrant bouyance in the stock market. This 1s a remarkable ex- pectation, but none the less Wall street has been hoisting quotations on the strength of it. So far as information from really rveli- able sources which reach here from Wash- ington reflect the prospects in cougress, u different condition is indicated. A long ses- sion and a bitter fight may be counted on confidently, Senator Wolcott of Colorado, who dropped into Wall street this week, said toa friend: “You fellows here in the east scem to think that it is going to be oue, two, three, and out for the silver men ana the whole west. It won't take us long to show that youare mistaken.” Senator David B. Hill is credited with assured a friend this week that he proposed 1o see the free silver people given a fair field. He did nov doubt, he said, that President Cleveland in earnest in his anti-silver law crusade, but in a matterof such im- portance, said Mr. Hill, the United States senate must of course go forward slowly and conservatively. w ot Act Hurrlediy. There is a hint worthy of some attention in this sort of mild maunered sugeestive- ness, coming from the source it does, ena- tor Gorman has said to a friend: “You know the United States senate is a deliberate body. It never acts hurriediy. I fear that organized action on coutested seats and similar affairs in direct consequence 1 the senate may cousume much time before we are able to devote ourselves to the financial question.” Wall street speculators havo lifted every active stock materially. Some of them have jumped up a dozen points or more. So enormous was the short interest in the mar- ket that they were able to start something of a bear panic, contracts on that side having been pushed out in every direction, and largely by little fellows, until it has be- come unwieldly. Many stocks are com- manding premiums for use in making de- liveries. Now most of the short interest has been climinated. Bull campaigners msist that it was not the short mterest which euabled them to put the market up. Their explanation is that the country at large has been buying stocks because they have got dowm to a point where they are unquestiona- bly burgains, Ath In Cleveland’s Intentions. pur they declare, have been prompted by the belief that Pres- fdent Cloveland's message is going to be an old fasnioned rouserof patriotism. One cur ront yarn Las it that the prosikent will rec ommend the issue of new government bonds and that he will advocate giving to national bunks the right to use these bonds up to their par as a basis for the new circulation. Lots of other deteils, all of them cheerful, are given as to what the president is gowng tosay to congress. The advance in the mar- ket has been in the fage of growing demoral- ization in business cis re which has done 50 much out west has extended into New Bugland, A long list comes out every day of big wills cutting down on time, reduc- ing forces of employes or shutting up alto- gether, Theso things are put down as efforts at aduptation to times. So far New England has hud no big or bad failures. In this city trade is in a bad way, A locul newspuper which has can~assed the subject, estimates that 75,000 w people are in enforced idlencss. I this is exaggerated, but there can be no den, tng that lubor is being severely pinched here and hereabouts. Clearing house certificates, approximating #35,000,000 are now outstanding. This 15 nearly tavice as Tnany as ever before were Issued. There is no telling how much longer the banks may find it necessary to go on grinding out this improvised *‘relief,” These general Yiews of n Bunker. An influential member of the Clearing” House assoolation tells me that he would not be surprised if it reaches $45,000,000. On all sides is heavd the assertion that no clear- « fng bouse bank will be allowed to fail. All the big banks of this city are undoubtedly in good shape. What can be suid—for the bankers themselves are saying it with a good deal of vim—1s that so far as bpuking relations of the ordinary sort are concernod, we now have here practically & suspensiou of payment with outside cities, Even the & ibtreasury here. and, in fact, the treasury at Washington itself, have been vefused pay- meat in cash when presenting checks here for collection, 1 Brokers are advertising in local news: papers offering premiums of & to 815 a thousand for currency of any sort, one house explicitly offering &5 for silver = dollavs, People having pay rolls to wmeet or having other calls which require the use of small sums of money are embarrassed. Bul this is, 48 & matter of fact, one of the small in cidents b the financisl distress at thiscenter. Much is heard of the $10,000,- D00 or $12,000,000 of gold bought on the other side and shipped here. These engagements have now stopped. Sterling exchange has advanced to the probivitory poiut. This §old wiis supposed to be scheduled for the use of local bauks and thus bring reliof to the currency, situation. A fact which will be disclosed next week fs that five-sixths of the gold coming in is to go divectly into savings bauk vaults. The rountry is in shupe whére fmprovement can some quickly. Iu 0o recent year have retailers through- | I8 eaused heart diseqs THE OMAHA SUNDAY BE 19, 1871 OMAHA, SUNDAY MORNING, AUGUST 6, 1893-SIXTEEN PAGES. % out the country bsen carrying such small stocks of goods as they now hold. The re- ture of confidence and the sprinzing up of trade would start a - boom that might hustle quickly into great proportions. ALLAWAY. (GE GOUL'S'S OPINION, Cause of the Present Financial Troable ns Seon by the Young M New Yonk, Aug. 5—George Gould was a passcnger on the American liner New York, which arrived at her dock this morning. Asked regarding the financial situation, he said ““The situation, of course, is very much de- moralized. The main cause is the unsettle- meut of conditions, due to the silver ques- tion. “There is another cause, however, that the public is not so well aware of, und that is the hostile attitude assumed by the legis- lators of the country toward the' great cor- porations. Iusteau of trying to build them up, the policy of the state and general gov- ernment is to pull them down and make them worthless. The people forget that the country cannot bo prosperous unless the great transportation corporations also pros- per.” “What is the cause of the reduction in the force of the travelling agents and clerks on the h(llsmurl Pacific and Rock Island sys- tems?" “It is due entirely to poor business. There is o necessity for keeping a large force of men on a salary list when there is nothing for them to do. We discharged these men because we could not continue emploving them at an advantage. Business has never been more stagnant in _the southwest than at the present time and 1 look for nv change unless there is something done at Washing- ton. The repeal of tho Sherman law will bring us all buck to prosperous times, but we may hope for nothing until congress acts, and in just that way.” MILL> STARTING UP. Pennsylvania Iron and Steel Plants Will S0 Be ln Operatio Pirrsnvke, Aug. 5.—The iron and steel plant of Jones & Laughlin will put on double turns Monday, giving employaent to about 8,500 men. Brown & Co., sheet and hammer mills will also_resume next weck. These morks employ 500 men. The wirc and nail mills of the Carnegic company at Beaver Falis will start up Monday and the rod mill will resume. operations later in the week. The report that tho Allegheny Bessemer Steel works of Carnegic's at Duquesne will close down is denicd, the demand being suf- ficient to keep it running for some time to come, Loutsville Banks Prepuring to Resume. LovisviLLe, Aug. 5.—The report of the condition of the Louisville City bank, which recently suspended payment, was forwarded to Washington by Exuminer Betts this moru- ing, and the report of tho Merchunts Nu- tional was sent by tonight's mail. The Fourth National will also be ready to report by Monday. There is considerable rivalry between the City and the Merchants Na- tional banks as to which will first payments. Both vanks ha to Comptroller Eckles as perfectly At the Kentveky National, no ofe formation of the uction of the combtroller on the report of Bauk Examiner Escott had been received. though it is expected atany time. The reported intention of the comp- troller to give the bank ten days in which to prepare for the resumption of paymenc has not been officially confirmed. The bank ofticials do not think there is any probability of the appointment of a rece Discussed the Silver Question. . Fremont, Aug. 5—[Special Telegram to T'ne Bee.,]—A very large and appreciative audience greeted Dr. L. J. Abbott in the city park tonight to listen to his speech on the money question. Ae took the position that the price of silver hud goveraed the price of American products and that since the great demonetizing act of 1573, all had been going down together until they had reached the present degrading condition, The speech was one of the most able yet delivered from his standpoint and was highly appreciated. Cannot Pay th PortsviiLe, Pa., Aug. the New York and Phi pay out any larg precipitated o Philadelphia_and s he refusal of elphia banks to amounts of currency has is in the coal region. The Reading Coal and Iron company is short 0,000 for the first half and $350,000 for the last half of July, with- out any available funds in sight to puy the same. The company has bank deposits more than sufficient to these amounts, but the banks refuse to give out the cash. d Heoln Report. BosToN, “The wnnual repors of the Calumet and Hecla Mining company to April 30,1803, issucd today, shows liabilities ot #,457,821, una assets of #,045,277. The ro- port says: At leust $000.000 will be re- quired for” the expenses of the Red Jucket shaftand for the ercction of the proposed additions to the mine equipment. During the past flscal year the company smeite 3 1012 s of refined copper against svious year. A SUNIECTS, Passengers of tho Detalned Steamer Kara-, mania Belng Closely Watched, New Youk, Aug. 5-—Health Omcer Jen- kivs decided toduy to take extraordinary precautions in vhe case of cholera suspocts on the Vessel Karamania, He had tho pa sengers transferred to Hoffman island in the lower bay, and after the transfer, in company with his assistants, wade an in- spection of the island, Dr. Jenkius, accompanied by Surgeon Gen- eral Evman and Dr. D, Kinyon, went down to the islands in the lower bay on the police boat Patrol. The Anchor Line Steamship company sent down u lot of ive, meat, veg- ables and o general supply of provisions Lo winburn islond for the detained emigrants. ‘T'he first load of emigrants were all men. They stripped aud washed, while their clothes wore belng fumigated. After they ot their clothes buck they were transferred t Swinburn island, where they will be left for five days for inspection. It was 6 when Dr. Jenkins, Surgeon nan and Dr. Kinyion returned of the islands. Dr, ned 1o be interviewed as to the condition in which he found the islands and the facilities for handiing suspected cases and keeping cholera out of this port. Dr. Kinyjon said he was under orders not to talk, Dr, Wyman returned ht. vr. Jenkins said this evening that no cholera case or cases of sickness have de- veloped on the Karamania since the deaths at seu on the day before hea arrival, Dr. Todd, the ship con, is watveing pussengers and crew very closely and the deputies who v the ship every few hours gave all hunds a close scrutin, One of the sailors, who drank too much ice wuter, was affected with vomiting today, and it was said this afternoon that the doctors ave watching & man very closely who is well cnoughi Lo be about the deck, but who has a slight diarrhoea, Dr. Jenkins refused to verify this. and Dr. 'Talmadge declined to v anything about the condition of the ship at his last visit. to Washington to- ——— Cnmp Meetlug. Oceax Giove, N, J., Aug. b.—Five thou- saud people attended today's session of the National Temperance Camp Meeting society, D. H. Magn, M. D, wus the principal speaker. He charged that more harm was dono by beer drinking than by other liquors, Dr. W, C. Steele, Mrs. H. S. Ellis, Miss L. Peuny sud Edwand Curswell of Canada were the speakers this afternoon Tew thousand people were in the auditor- um this evening Lo hear the adaressof | George V. Bain of Kentucky, OF DYING LEADVILLE Some Facts Regarding the World's Greatest and Most Noted Oarbonate Oamp. CALIFORNIA GULCH'S PLACE IN HISTORY Toil of the Danntle:s Pioneer and Reward of the Persistent Prospector, COST OF DEVELOPING THE GREAT CAMP Money that Has Been Put in the Ground by Mine Owners, MILLIONS TO BE ABANDINED TODAY Smelters' Fires Put Oat and Mines Closed Down—Effect of the Drop in Silver on the Industry of the Cloud. City. LeavvitLe, Aug. 5.—[Special to Tne Bee.) —There is but one Leadville in the world, there has never been another and the chances are that the one which now exists will be known only in history unless a most radical change in the condition of affairs tukes place witkin the noxt sixty days, for at the end of that period of time the indica- tions now are that the famous city of silver will b wiped off the face of the carth and will not even be given a place on the maps of the state of Colorado. Two months ago this city, situated in the very heart of the Rocky mountains, contained a population of fully 20,000 persons and was known far and wide as the great silver mining center of the world. The town is best reached by going over the Denver & Rio Grande railroad, which runs from Denver to Pueblo, where it turns and winds up into the mountains, passing through the Royal canon of the Arkansas until it climbs to the summit of the snow- clad hills, landing its passengers at the city that has been making history and silver since early in 1879, at which time the origi- nal discovery was made in Califorma gulch, which lies justto the south and almost within a stone’s throw of the richest silver mines in the world. The location of the city is sightly in the extreme, ths land sloping gently westward toward the Arkansas river, affording & nat- ural drainage that could not be excelled for the immense water shed that constitutes its rugged background. Location of the City. Between the city and the Mosquito range, to the eastward, rise four distinct parallel benchos, each higher than its neighbor, Carbonate, Iron, Breece and Ball mountains, the ascent being gradual from the city’s ele- vation of 10,000 feet to the summit of Mo- squito range, whose crost rises 13,000 feet above the level of the sea. Across the broad valley of the Arkansas, its summit clothed in perp etual snow, rises Mount Massive, its altivude, 14,851 feet, being 200 feet higher than the famed Pike's peak, and not re- motely con nected on the south by its rugged neighbor, Mount Elbert. quite as high; to the north ward soars Homestead peak, an historic landmark, while to the southeast rises in graceful contour and majestic splen- dor that monument of God, Mount Sheridan, named in honor of an heroic and rugged character of the rebeltion. The discovery of California gulch dates back 10 1860, when a few hardy prospectors, lured to Colorado by the reported richness of placer diggings at Cherry creek, near Denver, came hence in search of gold. Their labor was abundantly rewarded, for while much that relates to the early settlement 1s intértwined with myth and legend, it is a well attested fact that something like $15,- 000,000 of glittering gold were taken from the bed of Californin creek béfore the main body of pioneer wealth-seokers stampeded to more promising fields. A few, however, remained to work out the destinies of the gold diggings, as well as their own, im- pressed with tho belief that the source of the precious mineral must surely be in the hills that hemmed in the gulch on three siaes. Later Discoverlos, Anew era of more enduring brightness for California gulch came sixteen years lter, when, after all of this patient search for gold beariug rock in place, the persevering prospectors were rewarded by the discovery of that for which they had been searching— fabulous deposits of lead carbonate ore, rich in its silver contents. After such long and patient toil, the early discoverers of what has since been proven to be the richest and most extengive ore zone on the con- tinent may be pardoned for their efforts to conceal, until such time as they might patent their lands, but in this they were successful for only a short time, as the in- flux of the fortune hunters soon set in and by the Ist of January, 1877, the invasion of the gulch began. Reports of the marvelous aiscoveries continued to spread; immigra- tion hither multiplied from month to month, notwithstanding the difticulties of travel over newly constructed mountain roads, so that by the close of 1878 not a fewer number than 1,500 people were clustered together in log cabins and tents among the sage brush and pine stumps on the morthern rim of California guleh., Then came the greatest stampede that the world has ever kuown, and the rapid transformation of the mining hamlet toa city of 80,000 souls within a period of scarcely six months. The history of that brief era would fill many volumes, so crowded was it with interesting event and tragic episode. The city was soon incorporated,and began at onee to take on all of the myriad phases of met- ropolitan and cosmopolitan life, After earn- est debute, the name of Leadville had beeu chosen for the new metropolis of the moun- tains, a word of ordinary sound and meaning, derived from the character of the ore which then predominated, but suggestive before long of the material and industrial marvel of the age. It suggestea the labor of a day, of & week or a mouth, rewarded with great fortunes; it suggested a creation of value that counted far up into the sources of mil- hons; it suggested the fairest and the rich- est and the stateliest air castles changed to fiem realities of solid foundation; it sug- gested the wild rush, the feverish struggling ana the eager grasping after wealth; it suggested a pushing, crowdiug, roshing ac- uvity, und it suggested in one view. wild, tumultuous, picturesque life, soon followed by 4 fair, elegant, proportionate civilizution, Characteristio Euterprise, With characteristic enterprise, and in deflauce of ull recorded precedent, Lead- ville waited not for the advent of the rails roads, but at once supplied itself with many ol the comforis and couvenicnces of civilized - life, and, long before the whistle of the locomotives awoke the ethoes of the sure rounding hills, the city was supplied with a telegraph line, esnnectiag it with the out- side world; with & tele| system joining business housss with the mines; with water and with gas and with eléctric lights; with sewers and graded strests and with an adequate fire and police protection. Before the close of 1830 $he Denver & Rio Grande railroad had pus its way into the city, defying all obstatles which naturs had placed in the way, and conaeating Loadville with the railway systew of the states. Looking down upon Lagdville a few months ago one wonld have soon a wonderful city, with its thousands of inhabitants; with its score of smelters and furnaces; with its army of diggers in the mines; with its hand- somo business. houses: with its banks and places of exchinge; with its clubs and literary socioties; With its churches and schools ; with its opera houses and theaters and with its long tows of costly residencos, it was the largest and fairest representation of business, civilized and Christian life above theclouds that has ever sarprised the world. Things Are Changed Now. But now all things have changed, and o few months ago where the hum of industry was heard on every hand all is now as still and quiet as the grave. The mines have closed and the miles upon miles of shafts, drifts, levels and tunnels are filling with water and are do- serted, being inhabited only by the bats and lizards. The magnificent businéss houses have closed their doors, their owners have boarded up the windows and have ieft for the states to chase another goddess of fortune—one who docs not cover her trail with silver to lure her victims on in the wild race for wealth. Regarding the mining industries of the Leadville district, which properly includes the county of Lake, tnere are 19,449 loca- tions, of which number 3,803 have becn patented and 160 *mines producing silver and the accompanying minerals in greater or less quantities. “T'he following table shows the product of the silver mines in the district from 1870 to 1892, nclusive: Avrage Year. [ Ounces. Money value. 1800 1891 BTN age annaul prices iy above table are based on New York quota- tions, The smelters hiere pay 95 per cent of the New York quotations and 5 por cenv thereof should be deducted from the above money value, which would leave §104,615,- 842,63 as the total amount realized for the silver produced in this disteict. Exact Costof Production. It is & dificult mntter to figure out the exact cost of producing silyer, as the cost in no two mines will be the same, but from the best data at hand ‘the following is nearly as accurate as it is possible 1o get. Labor necéssary for sjnking shaft and ualking lgcation - vey for o: e Tecorting location Curituate Foo {or BUNESOT generals Foe for patent &y Fee for land oMc Fee for publishing Fee for drawing papers. Fee for land, average elght acres. 40.00 Total. $301.50 On 8,808 patents issued, making a total of 722,570 Of the 19,449 locations made in this connty at 1cast 25 per cent are valid and subsisting locations at the prosent time and have con- sequently performed the annual assessment of at least $100 per year for.an average of at least ten years, making a total expenditure of 84,860,000, Thus the amounts aggregate as follows: Expenditu 4 Expenditu EXDenditures for ass0Rsments. Total.. 0, It is impossible to arzive atany satisfac- tory or accurate estimate of the expendi- tures for the development of work, or pros- pecting. Thousanas 6f dollars have been spent in this district in_prospecting, but an attempt ut an estimate'of the cost would be simply the wildest lkind of guess, but. upon consulting mine owners, however, it may be assumed that the cost of this very essential branch of mining is included in the item, “‘weges paid, ete.,” and hereafter given. The cost of mining i this county, includ- ing smelting operatidns, can be given with great accuracy, for ghe reason that from vear to year the minig exchange has com- piled and published tables, baged upon data obtained av the time, snd from original sources. ¥ Some luteresting Figares. These items are given in detail and are as follows: } 1 out for labor in re and mining Sappii Ngline shop work iduling ore, Total,. " +$113,771,450 Thus it is ascortained that the following amounts represent vhe actual cost of discov- v, locavion, patenting; operating, mining and smelting the oves of this dis! atuitod ASRORAmIEN L il and i . 1! The above does nol.)n ude the inter the money invested | I)t\lldingl and improye- ments, or what might! be termed the “in- vestment,” nor the.cosy of litigation, which has been very head® and can properly be vullln-d archarge ngalnat, the products of the mines. 5 Last June, when sflwer atarted on the down grade, it is safe to estinate that in this dis- trict alone there were 35.000 men who were in one way or another eennccted with the working of the miges, aAnd at that time this city was the h wwbers of the vast army, as all of the ore eawme 10 the smelters and this was the base olamflluu. At that time the merchants. especially the wholesalers, were buy mi in the markets of Now York, Chicago and Omaha by e car load, but now they are buying by the hackage and many of them have cancelied thefr orders altogether, a8 they see nothing iv sight for the futurs without failure and rula can be considel their guiding star, OFf wll of the men who were employed when the slump in silver started, it is safe to say that today there ure not to exceed 250 at work in the entire dis- trict. Smelters Dolng Nothing, Of the six smelters which were in opera- tion both night and day, prior 19 June, four have shut down and wflowed their fires to go out, while the others ave simply ruaning for the purpose of working up Lhe ores upon the dumps. after whish they will close. All of the mines, with a few ‘exceptions, have al- lowed the shafts to fillwitlr water, the out- look at this time being such that the owners do not feel justified in expending the nec- essiry money to do the pumping. With reference 10 the situation and the condition of the miners, it is such that it cannot be povtraied hy the most graphic Lion, Fop yeirs these men uave re- caived good wages. und giving little thought of the coming of the morrow, they have as u rule spent their money #linost us fust as it has heen earued, though Ahere have been some exceptions Lo the rule, ss the bauks | of this city will show. During the month of June savings deposits aggres: ting JCONTINUEL UN SBCOND FAUR | BOTH ARE TIRED OF IT @Gormany and Russia Have Had About Enough of the Tariff War, CONCESSIONS ARE MADE ON BOTH SIDES 8t. Petarsburg Papers Attack the Policy of the Government. AUSTRO-RUSSI\ TREATY OF COMMERZE German Officials Not at All Disturbed Over the Probable Oonsummation. RUSSIA IS SUSPICIOUS OF THE FINNS Permlssion to Subscribe to the Finnlsh- Norwelgan Raliway KRefused Them— Socialists Who Moet st Zurloh To- day—Fatherland N Benii¥, Aug. 5.—Though the Russo.Ger- man tariff has only been in active operation five days there already aro signs of abate- ment of hostilities on both sides. Several St. Petersburg papers, inspired by the Rus- slan foreign office, attack the policy of ag- gression upon German commerce, as initinted by M. Wittc, the Russian finance minister. without the full sanction of the imperiul council, though within the knowlodge of cor- tain of the czar's advisers. Minister Witte is charged with underestimating Gerumany's strength In forcing the custom war, while open regret is expressed that It was ever begun, Champion of Rass Cause. The Moscow Gazotte goes further and de- clares that the action of the Russian gouern- ment was taken simply in sclf-defenso. Germany, argues the Gazette, began the at- tack by introducing a_ differential tarift and Russia, after long suffering and delay. re- plied in defense of her own 1nterests by merely imposing the maximum tariff upon German imports! The Gazette here overlooks the fact that dues on German' ships ontering Russian ports are raised to such an enormous figure as to be almost equivalent to a blockade. The tone of the official articles, however. breathes peace. They conclude by asserting that Russia does not wish to increase the complications that exist, but aims now, as formerly, at a harmonious settlement of in- ternational questions, Another indication that the customs war will soon terminate, is the fact thata mutual agreement has been entered into not to en- gage in o grain freight war, which was areaded by commercial men as being certain to exasperate everyone concerned iu internal trade. Some Russian government organs lament or - excuse the situation and the German press follows the same course. The general opinion of the business world here is a steady resolution not to give in until Rus- sin shows a willingness to reduce her tariff, will be the speediest road to an agrecment. Lays the Blume on Russia. The North German Gazette, commenting upon Russia’s abrupt danger of front from nogotinting a treaty to hostile action, dangerous to Russian interests, publishes tables showing the former and the existing Russian duties and comparing them with the German tarifl_on Russian goods. The figures prove that the Germaun tariff amounts on an average to only 25 per cent of the value of the goods and, in some few in- stances, to 50, whereas the Russiun duties before the wur began averaged 100 per cent, and were now raised to an impracticable height. This comparison finally settles the Russian assertion that Germany initiated the conflict by raising her tariff and com- pelling Russia to raise hers, Reports current that the negotiations for an Austro-Russian treaty of commerce are actively progressing towards an agree- ment, do not av all disturb official circles here. Austria has a right to arrange what- ever commercial relations she choosss. The trado between Russia_ and Austro-Hungary is the merest nothing when compared with the. international trade between Rus- sia and Germany. The triple allance treaties do not touch upon commercial ques- tions. Germany can do without Russinn erain and the sum of official opinion is that that the Russo-Austrian treaty, if it is ever concluded, will not impexil the settlemeut of the Russo German tariff troubles in a man- ner satisfactory to Germany, Itis to be hoped thut when the Reichstag reassembles, tho government will be able to announce that Russia has recovered her senses. Rumors are currant on tne bourse that Russia is trying to raise from Puris banker 4 loan of 15,000,000 roubles at 8 er cent, Suclalist Congress. The socialist congress, which opens at Zurich tomorrow, will bo largely composed of German and Austran delegates. Practically it is & meeting of membors of the extreme wing of the socialists. I'he program of the congress includes an finternational eight hours a day, an intornational agreement for the celebration of - the 1stof May as Labor day, concerted political association on the vart of socialists in the eventof an Kurc- poan war, iuternational trade organizations, ete, The duke of Saxe-Coburg-Gotha, it is ofticially announced, is recovering from his appopleptio stroke of Tuesday last, A pri- Yate report says that his left side is prac- cically paralyzed and his condition is crit- ical. 4 Emperor Willlam is timed to arrive at the island of Heligoland Monday evoning. During his majesty's stay of & week at the island he wiil witness a part of the evolu- tions of the North Sea squadron, A 'raid of the Finn The Russian Grashdanin asserts that the government has decided to refuse to the Finish people permission to subscribe for the construction of & Finish-Norwegian ruilway, as the foi oMce at St. Petersburg ex- pects a revolution in Norway and the decla- ration of a republic. The radicals, says the Grashdanin, are purchasing and importing arms largely, and are preparing for an in- surraction. DUFFERIN DECORATED, Rewarded for His Labors ln the Slame e Aftair by Grateful Soverelgn. Paws, Aug. howltis stated that the mar i quis of Dufferin has been decorated with the Order of the Garter made Vi death of the earl of Derby, 1o recognition of the skillful and successful manner in which France on the Siswese question. | campaign and the Siamese question has | drifted fnto "the background. The govern- | went bus cancelled all war-like proparstivs THE T E BULLET!N. Weather for On % wnd Vieinity— Fair; W% v Northeasterly Winds, Page 1. Stocks and Rise and De Germuny an tinw's | Money Sitaation, of Lendville. © Politien. | Revoiution. the Third Game. . Nebracka's Bauks In Good Con Domocrats In ¢ Paper Money In Denmnark. . Dall Week in Looal socloty. 1id Taste of Modern Newspapers, Omaha Turners at Milwaukee. Strange Story of a Little Wall Last Day nt Camp Lincoin, No Hard Times at Hastings. Counell Blufts Local News. Unlon Pacific Finances All Right, Secret Society Notes and Do Whiskers in History. What a Taxpayer Wants to Koow. Woman and Her Ways cant by the | | defferson he conducted the delicate negotiations with | France is now in the midst of an election | Isanc Walton's Shrine. Mementoes of Wasnington, Douglas County Rondwiys—1V. Editorial and Comment. Page of Unwritten Political History. Nevada's Bright Fature. Omaha's Trade Review. Commercial and Financial, Live Stock Markets, 16, Griswold's Weekly Grist at Toulon and La_Rochelle, except that one batallion of lafantry will be sent to rein- force the troops in Cochin-China, The papal nucio here has intimated to the French government that the popo is greatly pleased av the French occupation of the Mekong valley, which will afford a better guarantee of safety to Catholic missionaries, Will Recoznize Satolls Rome, Aug. 5.—It is expected that the United States government will soon ofticially recoguize Mgr. Satolii. —————— KILLED B JUDGE. Newspaper Commnents Responsible for the Doath of an Editor. Lartie Rock, Ark., Aug. 5.—A special to the Gazette from Texarkana, Ark., says: About 9 o'clock last night Captain W. J. Allen, editor of the Interstate News, wus shot by Jonn J. King, county judge of Bowie county, Texus, and died this “morning. The shooting took place on Broad street und was the direct result of differences about assess- ments between the editor of the News und one of tho commissioners court of Bowie county, of which Judge King is chairmain, which resulted in a fine of §25 upon Captain Allen. Yesterday, when soveral sharp whrusts appeared in the News, the shooting followed. Just one hour before his death Allen made the following declaratio Was on my way to George Treber's place of business when [ met Howell Runnells, Jr., and John J). King. 1 wason the corner of Broad and State streets when I et King. He pulled a pistol and mstantly shot me without a word from either of us. I was not expecting a personal diffculty. Howard Brunuells, Jr., was with King at the time. I was about six rect from King when he shot. Ihad met John King once or twice during the time these squibs weroe going through the paper, and he never evinced any unpleasantness, King was abouy twelve feet from me when [ first saw him.” King refused to make any statement save to say the killing was justified. King Is an ex-member of the Texas iegislature and one of the most prominent young lawyess in North Texus. Captain Allen has for years been a promi- nent figure in North Texas journalism. e MUSE PAY LHE TAX. ky Men Refused Further Time by the ment. LouisviLLe, Aug. ollector Johnson has received a telegram from Commissioner Mil- ler, stating the application for an extension or withdrawal of whisky forexport had been made ~ too late and instructing the collector to col the tax. Sev- eral of the local banks have been asked to make some arrangements by which the dealers can secure the money on short time, and most of them have complied The banks will advance the money sufiicie to puy the taxes and will take for security receipts for the whisky. They will be fully protected from all losses in this manner, us the whisky is always worth more than the tux. B Damnged by ErL Paso, Tex., Aug. 5.—The heavy down- pour of ram in this region for the past two nays has literally washed everything away. ‘The Southern Pacific road west of here is broken in many places, about seven miles being washed out beyond Deming. No trains will get through there, it is said, for two or three da, ‘I'ne Silver City train on the Santa e will not get_in for two or three days, and the Texas Pacific train reached here today for the first time since Thursday. The Santa Ke is also brokea up above Albu- querque. This afternoon there was a cloud- burst south of here in Mexico, and it i ported that several washous have occur on the Mexican Central betwuen this point and Chibuabua Another V. ReDBANK, N. Miller of Kux ame eastu fow days ugo und sold twenty-seven car loads of flour, receiving in payment bills of large denomi nations. Today he met a greon goods man who offered tv ange the bills for small ones for 1 per cent. Ihis Miller accepted, INGLE C e trn PN ITR) DAGES 1, FIGHT FOR REFORM Unpopular Governors Aro Having a Very Unpleasant Time, NUMEROUS ~ REVOLTS AGAINST THEM Govarnor Costa of the Province of Buenos Ayres Out Off from His Oapital. FIGHTING AT THE SEIGE OF LA PLATA Four Hundred Men Have Already Been Slaughtered in Skirmishes, WAS TOO INTIMATE WITH MINISTER EGAN Ister Errazuri Resigns from the Chillaw Cabinet Under the Pross of Publie Opinlon—Present Political Sita. ation of Honduras, ALPARAISO, Chill (via Galveston, Tex.), Aug. 5.—[By Mexican Cable to the New York Herald—Spocial to Tue Ber.] —Hard fiehting is accompanying the seige of La Plata, where Governor (losta of the prov- ince of Buenos Ayres, is practically cut oft from communication with the capital by the revolutionary troops who are infosting the city. The Herald's correspondent in Buenos Ayros telegraphs that the provincial forces have made repeated efforts to cut their way through the lines of Civico Nacioncles, but. have failed. During these engagements 400 men have been slaughtered, the sioge has not yet been raised, and tho aituation at La Plata has not changed. It is expected that there will bo agroat deal more fighting around that city before the trouble is onded. Another revolution has been started in the province of Corrientes agaimst the governor. [t is reported that there have been fights in various towns between the police and the citizens who oppose the governor. "I'he rev- olutionists have appealed to the national government to aid them in getting rid of the provine Province of Santa Fe. Tn the province of Santa Fe, where the radicals and Civico Nationales succeeded in overthrowiug Governor Cafforata, & pro- visional government hus been fully organized with Calisto at its head. The provincial troops, who fought for Cafferata ve been disarmed, and changes are being made rap- idly amone the Jocal oficials. All tho national troops sent to the province of San Luis have been with- drawn from th capitol and sent to Villr Mercedes. This has been done for the purpose of giving the revolutionists complete liberty of action in their efforts to overthrow the provincial authority. 1t is reported that the national government has decided to continue its policy of nop- intervention for the present -aund- give the people of the provinces every opportunity to overthrow corrupt local governments and put honest men in oftice, Kesigned Trom the Chilian Cabinet. Minister Errazuriz is the only member of the Chillan cabinet who resigned yesterday. The resignation was inevituble. It was brought about by a strong expression of public opinion, on account of his relations with ex-United States Minister Patrick Egan, La Patria, the newspaper published in Iquique, and which is owned by Errazuriz, has been openly supporting the mine syndi- anized by Egan and McKenna, Troublesomo Times in Honduras, PaxaMma, Colombia (via Galveston, Tex.), Aug. 4.—[By Mexican ble to the New York Herald—Special to e Bee. | —Ad- vices e ed by mail from Tegucigalpa, Honduras, contain the news that Policarpo Bonill s declined to accept the proposal of President Leiva, that a combina- tion be made to put ex-President Bogran in the fleld as a candidate against General o, control when Bonilla organized his revolt several months ago. ‘When Vasquez heard of these negotiations he ordered the arrest of Leiva and under threats of shooting him forced him to sign a formul letter renouncing his claim to be the constitutional president, the announcement of which I cabled the Herald last night, The congress of Honduras has been called by Vasquez to meet in Teguel- galpa and approve the resignation of Leiva, It will then bo asked to contirm Vasquez's title to the remainder of Leiva's unexpired term. Bogran is being shadowed by de- tectives acting under the orders of Vasquoz. Arrested an American, The superintendent of the American Min- ing company has been arrested on charge of baving furnished the mouey to pay the ex- penses of Bouilla's rehouasals, He Is also accused of having engaged iu the later plot in favor of Bogran. ro de Honluras, the government news- and the swindler brought him to Redbanlk, where the game was played. Miller gave in exchange §7,500 ) n goods in a tin box “The swindlers aped. e Were Atraid to I'rosecute Him, KANsAs O1my, Aug. he investigation by the assignees into the condition of the Kauusus City Safe Doposit and Saviogs bank hasdeveloped the fact that Jumes D, Stru- han, for muny yeurs discount clerk of the in- stitution, was short in his accounts #5,000. The shortage was discovered lust March and Strahan was discharged. The ofiicers of the bank did not prosecute lnm because they were afraid a run on the bank would follow if the shortage made public, - Result of a Wrestl Julius Burster and W. B. Walker, two employes of the Anheuser-Busch Brewing company, indulged in a friendly wrestle at o'clock last evening ut the oftice of the company. Walker threw Burster. Iu the fall Bur- ster's right leg waus fractured in two places Dr. Rebet was summoned and the injured man was removed to his home. e Looking for Loat Kalutives. LOUISYILLE, AUg. b, —Di ‘Thomas, for merly of Nashville but for the past twenty years official dentist Lo the royal family of Spain, is here from Madrid searching for his diughiter. Laura Thomas Blaukenship, and uddaughter, Manie Thoma ship, who lived here for some years. Luw bhaiile, Charles Sumith, a i-year old boy, was sent 10 the polive station lust night because he was lost. He told the captain that his mother was # member of the Salvation wrmy, and that he had followed her to uare from Sixteeutn aud Grace and became lost. stree - Ll Mrs. Meyer ‘Saken to New York. New Yonk, Aug 5.—Mrs. Mary Meyer. the | wife of Dr. Meyer, tho alioged poisoner. ar rived here this afiesnoon from Detrgit in the | custoay of New York debectives, i | Deficioncy for tho day ta band of Bonilla's i named Jesusa refused to disclose the bouts of her husband or tho latest news he received from Tegulelzalpa, 1t is reported that Bonilla collected the men who marched with him to aid in the revolution against Zavala in Nicaragua from the southern provinces of Honduras, It is believed that the successtul Nicaraguan liberals will now aid Bonilla to overthrow Vasquez. > Catton MK Will Ciose Down, New Hevroun, Mass., Aug. 1.—The Clear- ing house has notified the wills that no as- surance money can be furnished for pay volls after August 12. The Wamsotts and a number of other cotton mills will close in- definitely. A hundred thoussnd spindleg will be stopped by the shut down, The Spiuners' association urge the employes to husbaud their resonrces e WEATHER FORECASTES, Warmer, and Souniherly Winds Will Blow n Nebraskas Tod iy, WasuiNoTON, Aug. b.—Fore ‘or Nebraska and the Dakotas—In. sontheast winds, warmer Sundey, southerly winds and local rains Monday For lowa--Southerly winds, warwmer; faiz Sunduy ; local rains Monday. Local Kecord, Orpice oF THE WEATUER BUiEAU, OMana, Aug. b.—Omaha recovd of temparature and nfall compared with corresponding day of past four yeurs sts for Sun 1593, 1692, Maxlmum temporature K72 942 Mintmum tomperature. . G55 729 Avorage temperature. . 8= 832 742 110 Precipltation 00 L0 00 .00 Statement showing the condition of tem perature and procipitation 4l Omaha for the day and since March 1, 1543: NOriAl tomperature Excoss for the diy Deficiency since March 1 Norual precipitation 1691, 1890 H12 842 64O 68O % el ! . 209 i1iuch 11 inch Deticiency since Murch 1 sezeeenss 240 iDCH GEonus B HUSL Lusal Porovas OMole .