The San Francisco Call. Newspaper, December 24, 1895, Page 1

T3 VOLUME LXXIX.—NO. 24, SAN FRANCISCO, TUESDAY MORNING, DECEMBER 24, 1895. PRICE FIVE CENTS. MEASURES FOR PROMIPT RELIEF, Meeting of the Ways and Means Committee of the House. INCREASE OF REVENUES. Augmentation of the Duty on Imports Unanimously Decided Upon. TWO BILLS TO BE REPORTED. One Raises Tariffs Provides for Low-Interest Bonds. WASHINGTON, D. C., Dec. 23.—Four ours were occupied by members of the Ways and Means Commit- tee to-day in preparing a measure of relief for the Treasury Department. There was o satisfactory unanimity of opinion among the members as to the course to be pursued 1 order to meet the deficit in the National nces, Naturally, the first suggestion to secure revenue in the line of Re- lican policy, which is by a duty on im- ‘When the conference ended very erial amendments were made to the tariff law, which it is estimated rease revenues about $40,000,000 an- 4 her measure which is still incom- plete will also be reported at the same tes of indebtedness bearing a low rate interest to meet the present emergen- he two measures will not be amal- but will be brought before the This conclusion differs ifrom the sentiments expressed at ret caucus of the Republican mem- d at the Capitol on Saturday night At that time nearly all the Repub- present favored one general bill, was contended, shouid stand or fall with the Senate and the President upon its merits. To-day, however, the disposition was so ral to report two different measures at the agreement was reached without ¢. The reason for this was obvious. as explained by some of the members ent that the silver Republicans in the and Senate would vote with their y on the tariff measure. while they 1 be forced by the very nature of to oppose the bond features of easure. It was primarily to secure pport of the silver Republicans, and it them in an antagonistic position party, that the decision was de the two propositions. I'ne two bills will be reported to the House on Thursday of this week and will t ed with y. consideration, but it is not improbable that they will be passed before the close of th jon Thursday, which may be pro- 1 d to extend the time for ussion. he substantial features of the tariff bill are these: Making a 60 per cent rate on wool with a 60 per cent compensatory duty on manu- factured cloth over the act of 1894. A 60 per cent rate of duty over the 1890 (McKinley) on lumber. A 25 per cent increase over the act of ill) on livestock, cereals and nd a horizontal increase r cent in the rates of duty on all other schedules over the law of 1894. In this connection a proviso is added that in no case shall the rates of duty exceed th se of the McKinley law except in cases re the present rates of duty are higher than those of the McKinley tariff law. te proposed amendments will remain 1n t until August 1, 1898. i made at the request of the members agricultural nt law is ruinous to their granger constituents. The accompanying bill provides for an issue of 3 per cent five-year bonds to pro- tect the gold reserve in the treasury, with a proviso that the currency redeemed by the bonds shall not be paid out while a deficit exists in the treasury. This differs from the original purpose of the Repub- lican leaders, which was to give authority to the Secretary of the Treasury to issue a 3-per-cent bond as a popular loan, to maintain the gold reserve and for no other purpose, with a proviso that the redeemed sreenbacks shall not be used to meet cur- rent expenses, but be retained aslong as necessary as a part of the redemption funds; authority to issue the National banks circulating notes up to the par of the bonds deposited as security therefor, nd to reduce the tax on National bank culation, and authority for the issue of certificates of indebtedness to meet tem- porary deficiency in receipts until the rev- enues can be provided. In addition to the sale of bonds the bill will also authorize the Secretary of the Treasury to issue certificates of indebted- ness bearing 2 per cent interest not to ex- ceed $50,000,000 in amount to meet current deficiencies of the revenues. ST S SESSION OF THE HOUSE. Bills on Finance to Receive Prompt Action. WASHINGTON, D. C., Dec. 23.—The Senate was not in session to-day. The session’ of the House lasted but half an bour, when adjon rnment was taken until to-mafrow. Dingley (R.) of Maine stated that the Waysand Means Committee were of the unanimous opinion that it would be unwise to take a holiday recess until a re- sponse had been made to the President’s earnest request for some action in regard to the financial situation. The committee now had such a measure under considera- tion, and he boped to be able to present it to the House on Thursday next. A resolution introduced by Henderson The and the Other | the Republican | ncrease of duty on farm products | their contention being that the | mittee, provides for the immediate consid- eration of the bills when reported. Clerks for the three election committees were authorized and the committees were given leave to sit during the sessions of the House. —_———— WILL AWAIT CONGRESS. No Present lIssue of Bonds by the Treasury. WASHINGTON, D. C., Dec. 23.—Until Congress acts or it is demonstrated that it will not act no issue of bonds is antici- pated at the Treasury Department. Noth- ng has occurred to-day or during the past | few days to change the opinion of officials there, as predicted in these dispatches last week following the President’s message to Congress, that the President would allow Congress reasonable time to formulate financial relief measures, and if it failed and the situation demanded it he would sell bonds under the redemption act to build up the treasury gold reserve. That opinion still prevails. Telegrams have been pouring in on Sec- retary Carlisle and the President all day from financial centers regarding the Treas- ury situation and the Venezuelan matter. Secretary Carlisle conferred with the | President several times, and both were much relieved at the apparent return of confidence as evidenced in the rise in the prices of American securities at home and abroad. SR S ECONOMY THE ORDER. Appropriations to Be Reduced to the Lowest Limit. WASHINGTON, D. C., Dec. 23.—Can- non of Illinois, chairman of the House Ap- propriations Committee, to-day informed a United Press reporter that the appropri- ations for the next fiscal year would be re- duced to the lowest limit consistent with | tne needs of the public service. He ex- | plained that this did not mean a ‘‘cheese- | paring” policy, but that no approvriations would be made for new work which could by any possibility be postponed until the National finances were more redundant. On the other hand, where new work is virtually necessary appropriations would be made for it, even if bonds had to be sold to procure the gty v CONGRATULATION COMING. Merchants Thankful for the Finan- cial Relief. CHICAGO, IvrL., Dec. 23.—The Chicago Board of Trade to-day sent the following telegram to Speaker Reed: Thomas B. Reed : We congratulate the House of Representatives of the United States upon its prompt and patriotic action to relieve the treasury, as requested by the President of the United States. Messages were at the same time sent all over the country to the leading boards of trade and chambers of commerce, request- ing them to follow the example set by Chicago. e AFTER ABSENT MEMBERS. All Requested to Be Present on Thursday. WASHINGTON, D. C., Dec. 23.—Chair- man Dingley of the Committee of Ways and Means to-day requested the sergeant- at-arms to telegraph absentee members of the House that their presence in the House on Thursday was necessary to consider a financial measure which would be reported on that day. Actingupon that suggestion telegrams were sent to 120 absentees. e ot TO BE INTRODUCED. Bills for Increasing Revenues From Tariffs. WASHINGTON, D. C., Dec. 23.—The following House bills will be introduced to-morrow: By Curtis (R.) of Kansas, appropriating $75.000 for a public building at Emporia, Kans.; also appropriating $30,000 for the enlargement of the public builaing at Kansas City, Kans. By Danford (R.) of Ohio, re-enacting the McKinley law duty on wool, hair, sheep and cotton. By Pickler (R.) of South Dakota to pro- vide revenue by re-enacting the provisions of the McKinley bill regarding wool, man- ufactures of wool and agricultural prod- ucts. By Dalzell (R.) of Pennsylvania for the relief of telezraph operators who served during the war by making them pension- able at the same rates and under the same | conditions as others in the service. By Bowers (R.) of California, appropri- | ating $200,000 for a public building at San | Diego, Cal.; also appropriating $100,000 for | a public building at Fresno, Cal.; also ap- propriating $50,000 for a public building at Visalia, Cal.; also restricting the dispo- sition of public lands to citizens of the United States. TRAGEDIES N KENTUCKY. Five Men Slain During One Day’s Encounters in the Blue Grass State, Shooting Affrays in Which Various Motives Figured and Death Ensued. LOUISVILLE, Ky., Dec. 23.—Five trage- dies are reported from different parts of the State to-day. Near Eckton, Love Henderson and John Bailey met at a disorderly house. They quarreled and at once began shooting. After both had emptied their pistols with- out effect, Henderson picked up a shot- gun and fatally shot his antagonist. Near Hodginsville, Tom Friend, sup- posed heretofore to be a harmless im- becile, saw Tom Carrice riding by. With- out any provocation save the promptings of an insane whim, .he fired the contents of a double-barreled shotgun into Carrice, wounding him fatally. In the upper part of Barren County, negro highwaymen attempted to hold up a party of white men. The negroes were pursued and one Montiord Gatewood was killed. A. M. Logan, a prominent farmer fiving near Madisonville, attacked and killed a young man named Coates. Logan is sup- posed to be crazy, as no cause can be ascribed for his deed. At a negro festival in Christian County. near Hopkinsville, Jerry Pettis shot Al- bert Thomas in the arm. Thomas shot Pettis through the body, causing instant (R.) of Iowa, & member of the Rules Com- | death. HOW MANY WILL READ IT? There will be a special edition of the San Francisco CALL published to-morrow morning. Iregret that it was found necessary to print so many pages. I am of the opinion that the proprietor of a daily news- paper who is guiity of issuing a forty-eight-page paper should be ar- rested. I believe he would. be arrested if any human being were forced to read the entire edition; but naturally this will not be done. The only excuse to be offered for such a stupend- ous edition is that some of the matter may be read by everybody. An attempt has been made to publish a paper while not more that half as large as some others, yet containing more new and original matter than has at times been spread over many more sheets of paper. As to whether this high purpose has actually been accomplished or not, I leave to the thoughtful readers of the Pacific Coast. Itis mydeliberate opinion, however, that this paper con- tains more dignified, thoughtful and useful articles than have ever appeared in one edition of a newspaper in California. The leading men of the coast have contributed articles on various subjects, and have signed their names to their productions. The thoughtful and prudent reader of this advertisement will note the fact that the postage on one of these papers will be 6 cents, but the tall head of the proprietor has led him to keep the price at the usual modest mark of 5 cents per copy in wrappers, ready for mailing. Very truly yours, TONTO BASIN HORROR 1 and the settlers say it wasafair and happy | spot. | Last Friday morning Ellerson and his family awoke to find their house on fire and as they dashed from the building they | were shot down by a small band of Apaches lying in wait for them to appear. Then Apaches Massacre Rancher | i}.oi¥ poates wero cast into the burning Ellerson and His Family. KILLED AND CREMATED. Their Bodies Cast Into Their Home, Which the Fiends Had Fired. FATE OF OTHERS IN DOUBT. It Is Feared That Ellerson’s Aged Parents Have Been Slain by the Indians. PHENIX, Ariz., Dec. 23.—Perley Eller- son, a rancher, and his wife and two chil- dren were murdered and their home near Payson postoffice, about 100 miles from here, burned by Apaches last Friday. Their bodies were cast into the flames and incinerated. The home of Ellerson’s father, which is quite near, was also be- sieged, but it is not known whether he has shared the same fate. The scene of this terrible tragedy is about two miles from the line of the San Carlos Reservation, near the head of Pleasant Valley, a beautiful farming coun- try watered by Canyon Creek. About six years ago Ellerson left his home in Booneville, Mo., and came to Ari- zona. After looking the ground over he finally located a homestead beyond the Tonto Basin and near the Apache reserva- tion. He had not long been marriea when he came, and the passing “years brought with them a fair-haired girl and a sturdy boy, whose prattling laughter blessed the homestead on the frontier. The years brought wealth, too, for Pleasant Valley is a fertile spot, and crops grew and thrived right well. : Later Ellerson sent for his parents, a gray-haired couple, who located a hcme- stead near by. It seemed like home then, | building. This all that is known of the horrible af- fair, for none who were present but the In- dians survived. Payson isonly a small post- office, and there being no Sheriff’s force near by the crime has so far gone unpun- ished. Itis mot known whether the old couple are alive yet, but the news of the massacre has awakened intense excite- ment here, and a cilizens’ posse has al- ready begun to outfit for a journey, during which they hope to overtake and punish the red fiends. Sheriff Thompson of Gila County at Cibicu some weeks ago took the life of only one Apache, but Arizona is paying dearly for his rash and unconsidered act. SHUT FROM AMBUSH. Assassination of a Stockman May Cause a Bitter Feud. CHAPPELL, Nesr., Dec. 23.—reports by a courier from the sandhills forty miles north of here tell of the assassination Fri- day night of Will Helm, a stockman, who was shot from ambush. There were four bullet holes in his boay and his horse was also killed. Two years ago Helm shot H. R. Jackett, but in a trial before Judge (now Governor) Holcomd he was ac- quitted. Threats at that time and since against his life have been made, and the killing is not a great surprise. Great fear is felt for the safety of others, as matters are strained between Helm'’s friends and his enemies, the two factions being evenly divided and equally desperate. DESTROYED BY FIRE. Severe Loss Sustained at a Colorado Ke- duction Works. COLORADO SPRIXNGS, Coro., Dec. 23.— The Lawrence Reduction Works at Law- rence, Cripple Creek, were totally destroyed by fire this afternoon. The flames broke out about 1 o’clock in the boiler-house and spread rapidly over the entire works, the only portion saved being the office, oil- tanks and scales. About 2500 gallons of gold solution valued at $7000 were lost. There was $40,000 worth of ore in the bins awaiting treatment. The plant cost $100,- 000 The loss of supplies is $8000. Insur- ance $50,000. et e The Supreme Court. WASHINGTON, D. C., Dec. 23.—The Supreme Court of the United States ad- journed to-day until January u. FOR AL AMERICANS. Beach Has a Bill to Call a Conference at Wash- ington. INVITATION TO NATIONS. Asked to Declare the Monroe Doctrine a Principle of International Law. WAR TALK, THOUGH, CONTINUES President Cleveland Seeking Material for the Venezuelan Commission Among Colleges. WASHINGTON, D. C., Dec. 23.—Repre- resentative Beach of Ohio will to-morrow introduce into the House a bill authoriz- ing the President to invite tte govern- ments of otber American republics to ap- point plenipotentiaries with full power to meet in conference in the city of Wash- ington within one year from the approval of this act for the formal acceptance and declaration of the Monroe doctrine asa principle of international law. The bill names the Secreiary of State as the plenipotentiary for the United States, and appropriates $50,000 for expenses of the conference. Beach will also introduce a bill provid- ing for the reciprocal interchange of products between the United Statesand other nations. T NEEDED IN CASE OF WAR. An Appropriation for a Reserve of Projectiles. WASHINGTON, D. C., Dec. 23.—Dalzell (R.) of Pennsylvania offered in the House to-day a joint resolution appropriating $1,500,000 to enable the Secretary of the Navy to contract for a reserve supply of projectiles for use in the navy. A preamble to the resolution calls atten- tion to the section of the annual report of the Secretary of the Navy which states CONGRESS SAWS =S o A = 9y CONGRESS—* We'll soon saw enough of this- Administration wood to make it hot for the old man® - [- . //,/;. WOOD WHILE CLEVELAND SHIVERS. that the naval service has no reserve sup- ply of projectiles for itself or for auxiliary cruisers which would be fitted out in time of war. Elemteion THE NEW BATTLESHIPS. Suggestions That Will Be Considered By the Cabinet. WASHINGTON, D. C., Dec. 23.—It1s learned that the suggestions made to Sec- retary Herbert that he recommend a Con- gressional appropriation for the construe- tion of four more battleships of the Kear- sarge type, in order that contracts for their construction might be awarded to the three bidders for building the two author- ized by the last Congress, and thus secure advantage of the economical propo- sals made, were submitted informally by members of the Board of Bureau Chiefs and were not embodies in their formal re- port, the decision having been reached that it was outside the province of the board to make such recommendations officially. The board was merely called upon to examine and report upon the bids offered. Nevertheless the suggestions will have all the force of a formal report, in which form they would probably have been embodied inconsistent with the functions of the board. The recommendation of the board, as shown in the formal report, is that the bids of the Newport News Ship-building | and Drydock Company for constructing the Kearsarge and ner mate, on plans pre- pared by the Navy Department, be ac- cepted; provided, however, that the Union Iron Works of San Francisco be given the opportunity of scaling its figures to a fig- ure acceptable to the Secretary, in which event it is recommended that the Newport News Company be given the contract for building one ship and the Union Iron Works the contract for the other. In the informal but nevertheless semi- DARK CLOUDS ARE DISPELLED, Sunshine Welcomed by the Stock Operators in Wall Street. FINANCES AGAIN FIRM, Bankers, Brokers and Investors Relieved by the Turning of the Tide. MARKET'S SHARP RECOVERY. Now the Men of Money Are Confident of Beneficial Acts by Congress. NEW YORK, N. Y., Dec. 23.—The dark clouds which have hung heavily over New York’s financial interests for the past few days began to break and roll away this morning, and the gleam of sunshine which came creeping through the parting clouds official manner previously noted the Sec- retary is urged to consider the report and its recommendation as contingent only on his rejection of the plan propose for secur- ing six battleships in place of two. How much this radical proposition has impressed the Secretary cannot be ascer- was joyously welcomed by those whose in« | terest lay in that direction. Indeed, it | was a radical change that came over the | financial situation to-day, the tendency {'throughout the whole market being for a | steady advancement, which greatly en- | couraged operators and served to impart a tained, as he has given no hint of his views on the matter. The suggestion, however, witl undoubtedly be given con- sideration by the President and Cabinet before Mr. Herbert acts, should he be ia- clined to look upon it favorably. e e 1 PREPARATION NECESSARY. General [liles Talks on the Subject of Defenses. PHILADELPHIA.,, Pa. Dec. 23.— About 350 descendants of the Pilgrim Fathers sat down to-night at the Conti- nental Hotel at the fifteenth annual din- ner of the New England Society. The | principal speaker of the evening was Gen- eral Nelson A. Miles, who responded to the toast, “The Army and Navy.” General Miles’ speech was directed toward showing our defenseless position in the event of war and the necessity of | preparation for war in the time of peace. | General Miles advocated the increase of our standing army and the construction of sea-coast and harbor defenses. He instanced China as a nation that be- lieved in the fallacy that it was uncon- querable because of its immense popula- tion and great national resources. General Miles contended that in these modern times it is necessary to spend long years | of preparation before a country is in a position to make war or withstand as- sault. In reference to arbitration General Miles expressed the fervent hope that all diffi- culties between nations could be settled by arbitration, but he asked the question what good arbitration was when one na- tion was weak and the other a bully. e THE RATIlT KATAHDIN. Resolution Directing the Acceptance of the Vessel. WASHINGTON, D. C., Dec. 23.—Cum- mings (D.) of New York offered in the House to-day a joint resolution directing the Secretary of the Navy to accept the ram Katahdin and to make her a part of the navy. | | —_— TO SUPPORT CLEVELAND. Young Men of Chicago Take Such an OQath. CHICAGO, IrL.,, Dec. 23.—Sixty young men this morning swore to support what- ever action Congress sbould take on the Venezuelan matter, with their life's blood, if necessary. As the result of a meeting held last Saturday evening, they this morning filed into Justice Wallace’s chambers and expressed the wish to be sworn into the service of the United States. They were turned over to a notary public, who performed the ceremony. In theoath was included a promise to stand by Mr. Cleveland’s policy to the end, whatever it may be. Officers were then elected and the company will hold weekly drills. e FOR THE COMMISSION. Cleveland Looking to Colleges to Get the Men. WASHINGTON, D. C., Dec. 23.—The Venezuelan boundary commission will probably not be announced by President Cleveland until the latter part of this week or the first of next week. It will consist most likely of three members. The President’s aim is to put on the com- mission only such men as will inspire re- spect and confidence on both sides of the Atlantic, and whose acquirements will be acknowledged by the world of statesman- ship, science and letters. In making the selections men with whom politics is simply an incident and not their profession will be preferred, and one close to the President is authority for the statement that probably not a single name so far mentioned will be found on the commission, The President is searching the nniversi- ties and colleges of this country for suita- ble men. The high standard which the President has set for the commission re- stricts the circle from which the members can be chosen, and in this sense simplifies the work. Secretary Olney is in daily consultation with the President on the matter, SR HENRY GEORGE’S MEETING. Criticism of Cleveland’s Motives Caused Hisses. g NEW YORK, N. Y., Dec. 23.—About 1100 people assembled in Cooper Union Hall to- night in resronse to the call sent out by Henry George and his “peace committee’” to protest or listen to the protests of the Continued on Third Page. | dency again became upward. | great feeling of relief and restore confi- dence 1n operat ions. Certainly, Wall-street men wore a very happy expression upon their countenances, which clearly showed which way the tide was turning. Bankers, brokers, investors |and speculators were inexpressibly re- lieved. Those whose securities showed them immense losses were happy that some of the loss was regained; those whao were upon the ragged edge of ruin Satur- day night were placed upon their feet again vy the rising tide, and others who had foresight enough to see that the crisis had been reached with the close of busi- ness Saturday noon and bought in at the lowest prices were exultant with joy and busy counting their profits. The market enjoyed a sharp recovery at the very beginning, due principally to a favorable change in London and the prompt steps taken by the associated banks to relieve the money pressure by providing for an issuance of loan certifi cates and the possibility of a new Governs ment bond issue. First prices for the stocks which suffered the most loss last week showed gains of from one to six points over Saturday’s closing prices. Of course, as might be expected, some irregularity followed, but in the afternoon the ten- The chief features of the market itself were the very large number of outright purchases by “outside” investors, as is customary in conditions that prevail in times like these, the market affording, in the opinion of these 1nvestors, unusual opportunities for good and vprofitable investments. The covering of shorts was another noticeable feature. Altogether the day was one for congratne lations among Wall-street men, and many of the operators who came to business in the morning with fear and trembling left in the evening with alight heart and a prayer of thanks. It was undeniably ade mitted that the action of boards and trust companies in regard to the money market did much relative to the situation. The leading institutions supplied their regular customers among the brokers at 6 per cent, but on the stock exchange, in some instances, from 10 to 75 per cent was paid for call loans. On the whole there was comparatively little tightness in the money market, although it was quite exciting at times, and loans which run out to-day were renewed at 6 per cent before a regulay rate was quoted. Holders of good security had Iittle difficulty in supplying their wants. The large amount of money brought into the street by the outside public to purchase bonds and stocks was greatly welcomed and did much to relieve the pressure. The two failures to-day—one on the Stock Exchange and one on the consolie dated—were of little importance and had no bearing on the market. . Settlements through the New York Exe change Clearing-house developed no weake nesson the part of any brokerage firm, although it was well understood that seve eral houses in the street, which had been pinched by the big decline last week, were not too sound. The rally perhaps saved them from the disastrous storm. The eyes of Wall street are now turned toward Washington. Financial men say that 1 order to keep up the confidence re« stored to-day some favorable action on the money question must at once be taken by Congress. Apprehension still existsin the street that Congress will shirk this duty, and it is predicted if this is done another disaster in the stock market would result unless the President comes to the rescue. The new bond-issue question has taken a strong hold in Wall street, and already bankers are holding informal conferences as to the matter. The feeling is that if Congress does not immediately heed the President’s financial message Mr. Cleve- land will himself take the matter in hand and declare a bond issue without delay. Some rumors had it to-day that this latter action would be taken to-morrow, but this is not reasonable, inasmuch as it is known that the Ways and Means Committee has arelief measure under advisement, which will likely be reported to Congress some time this week. Chauncey M. Depew, who was a visitor in the street to-day, said he would venture Crockers’ is full of pretty things made to sell ; but no- body shall say a word abouf money unless yqu.do, 227 Post street 215 Bush street: