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THE SAN FRANCISCO CALL, FRIDAY, JUNE 25, 1897. CHARLES M. SHORTRIDUE, Editor and Proprietor. SUBSCRIPTION RATES—Postage Free: Daily and Bundsy CALL, cne week, by carrier..$0.18 Dafly and Sunday CALL, one year, by mail.. Daily and Sunday CaLL. six months, by mall Dally and Sunday Caxi, three months by mail 1.50 Daily and Sunday CALL, one month, by mail. .85 Sunday CaLY, one yea 1.60 W LEKLY CALL, OBe yerr, 150 BUSINESS OFFICE: 710 Merke: Street, San Francisco, California. Telephone.... Maln—~1868 EDITORIAL ROOMS: 517 Ciay Stre Telsphont .. Main-1874 BRANCH OFFICES: 527 Montgomery sireet, coraer Clay; open untfl 9:80 o'clock. 339 Hayes street; open until 9:30 o'clock. 815 Larkin street, open until 9:30 o'clock. 5W. corner Sixteents and Mission sireets, open Thtll 8 o'clock. 2518 Misslon street, open until 9 0'clock. 167 Ninth street, open until 9 o'clock. 1505 Polk street: open until 9:80 o'clock. NW. corner Tweity-second and Kentucky o open 111l § o'clock. OAKLAND OFFICB: 908 Brosdway. EASTERN OFFICE: Rooms 81 and 52, 34 Park Row, New York Cltfe DAVID M. FOLTZ, Easiern Manager. e e T THE CALL SPEAKS FOR ALL THE SUMMER MUNINS. Areyou poing o (he country ona vacation * Tt €0,1t 15 no trouble for us to forward THE CALL to your address. Do not let it miss you for you will miss it. Orders given 10 the carrier or left at Business Office will receive prompt aitention. NO EXTRA CHARGE. Fifiy cenis per month for summer months. The Republican procession has been formed in Ohio and the walkover begun. The middle-of-the-road Populists in Iowa stuck to their colors and fusion didn’t fuse. The sash and door irust would fill a long-felt want if it would work a combina- tion to shut out burglars. The hubbub of the racket in London bas drowned the concert of Europe in the Levant, but we believe i is still there. Bryan, Butler ana Allen have combined to shake Bateman, but the Maine man still sticks to his charges and the charges stick to the gang. Despite his defeat for the Benate Joe Biackburn continues to hang around Washington, as if he were ashamed to go home or afraid that his constituents are ashamed of Now that Balboa avenue has been put | in order the City shoula maintain it in | good shape and by and by extend it to the County line. Itisone of the good things we must keep pushing along. David Bennett Hi'l's recent statement, “I am no pessimist,” doesn’t agree with his former declaration, *'I am a Demo- crat. The statesman out of a job seems to have lost his bearings somewhere. The financial report that New York has more money than she knows what to do with is not surprising to this section of the country. We have always believed that New York has more money thap brains, “The National Anti Mob and Lynch Law Association,” which has just been organized in the East, is a candidate for vublic favor, but it would not be appro- vriate to give it lots of rope so it can have a good swing. Mr. Debs should take notice that the only man in modern times who success- fully founded a socialistic colony was Brigham Young, and even that went to pieces as soon as competition came into contact with it. As a result of the refusal to admit women to the University of Cambridge a movement has been started to establisk in England a great Victorian university for women, to0 the girls may find a profit in the affair after all. If there is any approach to accuracy in the estimate that London laid ia 4,000,000 bottles of champagne for jubilee week, then we masy expect the New Jersey cider men to-begin laying in & stock of dia- monds for souvenirs. There has boen opened in New York an institution calling itself the Bureau of Bocial Requirements, and as it intends to give lessons in manners it may be sald to filla long-felt want in the city of dudes, chappies and Bowery boys. The return of prosperity has deprived Cozey of his chance for making another agitation, and if the report be true that he has lost his racehorses, his newspaper and his money, it would seem that he has bzen deprived also of his excuse for not going to work. The report that thirty prominent Demo- crats 1n Ohio are willing to run for Gover- nor this year is a proof of the panic- strickea condition of the party. They were so badly stampeded last year that all the leaders are now ready to run on the slightest provocation. The excise officials of St. Louis kave the softest snap of the summertime. They have been instructed to taste and test the miik shakes, egg flips, claret cuns and all other delectable bevarages sold at the soda fountains to see thatnone of them have too much good liquor in them to be strictly temperate The action of the Cubans in hanging a number of Spanish prisoners was cruel in some respects and yet under the circum- stances was justifiable. As Weyler in- sists there is no war there can be of course no prisoners of war, and the same meas- ure given to one side is rightfully meas- ured out to the other. . The contest for the honor of being the first Mayor of Greater New York promise: to be the most exciting municipal cam- paign in the history of the country and tne outcome is sufficiently uncertain to make even Tammany begin to hunt around for & clean, honest, vigorous man, to nominate for the position. A Massachusetts man recently applied for a divorce, alleging that his wife fre- quently called him a fool, an idiot and a brute, and szid he haan’t sense enough to know when he was insuited. The court held, however, that the language of the wife was 8 sign of affection for her hus. band, and proved that she aesired his suc- cess in life and was trying to rouse him to more earnest efforts. The wisdom of the Judge deserves a reward, and he ought to get it in the form of a wife of the same aifectionate kind. REPUBLICANISM The fact ihat the Republican State Cou phase of politics from party principles to At the Republican Convention in Ohio action calculated to advance the welfare of desire to revive business, promote industry the proceedings. nominated were such as the whole party was given of that unity of action which is affairs by party government. stead of one convention, there were three. assembly. Silyer Republicans. licanism. They began by making mutual in, and final'y a piatform was agreed upon The contras: fusion. The Repnblicans made it munifest | essential points of politics; that they can | ment with harmony and success. | tliey are agreed on nothing in the way of | incapable of conducting a government even There can be but one conclusion draw sition would mean only strife, disorder folly to trust the opposition led by Clevel trust Bryanism now. upon to enact legislation tending to those ends. e There was no surrender of vrinciple, and not even a corpromise of policy called for on the part of any delegate. The platform adopted and the ticket The proceedings in Jowa were directly contrary to all that took placs in Ohio. which called for abject surrender of principle on one side or the other. Populists refused to make the surrender and bolted their convention, but others stayed AND ITS FOES. . vention in Ohio and the conglomerate con- ventions of Democrats, Populists and so-called Free-silver Ropublicans of Iows were held at the same time illustrated by a striking contirast the character of the party of prosperity and the lack of character in the commingled factions of its foes. The dil- ferences between the proceedings of the assemblies in the two States include every party methods and show clearly why the great body of intelligent and conservative Americans will vote the Republican ticket 50 long as the opposition to it remains as it is now. there was an orderly body of men agreed upon a broad platform of political principles, thoroughly united upon a policy of the Republic, and animated by a common and elect to office men who can be relied Harmony prevailed at every step of can cordially support, and every evidence essential to the administration of public In- The factions could not unite in a single One set called themseives Democrats, snother Populists and the third Their only point of agreement was a mutual bostility to Repub- compromises, and proceeded to an extent Some of the and a ticket nominated. ows on one side a well-ordered party and on the other an unfused in convention that they are agreed on all act together in carrying out the common desire, and therefore may reasonably be expected to be abie to carry on the govern- The fusionists, on the other hand, showed that legisiation, that they canmot act together even in a temporary convention, and it is therefore fair to assume that they would be if it were intrusted to them. n from this showing ol the nature of the two parties. Republican success will mean a definite and well-considered plan of ac- tion applied vigorously on the part of the government, while the success of the oppo- and confusion worse confounded. It was and in the past. It would be madness to THEIR WORK WELL DONE The Citizens' Relie? Committee, which was formed last winter for the purpose of | assisting the unemployed, and which had | in charge the work of constructing Balboa avenue, has completed its labors and rendered its final report. The members of | that committee have earned the thanks of the people of the Uity for their valuable services, freely given, in behalf of a prac- tical charity, coupled with a notable pub- lic improvement. The energetic chair- | man, W. M. Bunker, deserves especial | | eredit in the premises. 5 | | The plan for a boulevard was devised at | {a timewhen hundreds of idie working- | men were appealing for a chance to earn money sufficient to furnish themselves | and their families with the necessaries of | life until summer came. The retief fund with which tbe avenue was built was made up of private contributions from the busiess people and citizens of the City generally. All who aided in the worthy enterurise have reascn to be proud of the results attained. Laboring men were re- lieved of want, and Balboa avenune was made a monument 10 praiseworthy en- | aeavor in bebaif ¢f humanity. The work was done between March 13 and June 15, | and a total of $25,54563 was paid out for | For all purposes, a total of §34,- | 1 was expended on the avenue. | The committee, 11 its closing report to | the Chamber of Commerce, taking into | consideration the fact that the practical value of the boulevard is admitted by everybody familiar with the roadway, rec- ommends that steps be taken to preserve | the new avenue, as the macadamized sur- | face 100 feet wide and 5950 feet long will | certainly be affected by the elements and | show the weakness inseparalle from new | work. There can be no doubt that the City will now perfect and make perma- | nent the improvements. One of the excellent suggestions of the committee is that the extension of the avenue to the county line be agitated | by public-spirited citizens with a view to continuing the suburban development of the City so happily begun. Reliable as- | surances have been given that as soon as the boulevard shall have reached the | county line the people of San Mateo County will build it to their southern line and the people of Santa Clars County will make the connection with San Jose. THE C0ST OF DELAY. Even if the amended Dingley bill be- comes a law early in July, its good effects cannot be adequately experienced by the American wool-growers for another twelvemonth. The delay of its passage has permitted importers to bring in enor- mous supplies of foreign wool while yet the free-wool clause of the Wilson bill is in force and effect. The Teztile World of Boston has secured the official statistics of these imports for May in advance of publication. Adding these imports to those of January, Febru- ary, March and April, it is found that the total of foreign wools brought into this | country since the new year reaches the immense aggregate of 246,484,501 pounds, of which 164,660,346 pounds were of class 1 | (merino wool), 18,579,840 pounds of class 2 and 67,244,615 pounds of class 3 or carpet wools. *“We have in these imvorts,’” says the Textile World, *'a year's supply of foreign wools.” The imports for the past five months far exceed those of the full twelve months of 1896, which gave a total of 159,776,015 pounds. The stock of foreign wools on band is now 8o vast that a year must elapse before normal importations are re- sumed. Supplies of other foreign articles have been brought into the couniry at the same time far beyond tbe legitimate de- mand, so that in_many respects the full benefits of the Dingley bill will not be immediately felt. The importers are making the most of their opportunities to stock up ahead under ‘‘free trade,” and delay in the passage of the protective meusure in question 1s depriving the Gov- ernment of much-needed revenue, and compelling industries to wait so much longer for the promised blessings. Had the Senate taken example from the House in the matter of expedition in this urgent case, we should have been sailing nnder the flag of ample protection several weeks ago. General Miles being now in London en- joying the jubilee, has kindly given the world his opinion of the Turkish war, which he went out to study. He says { Edhem Pasha is & good general and has a good army, while the Greeks are good fighters, but are glad the war is over. As these observations agree with those pub- lished in the newspapers while the war was going on, it seems that althongh the general arrived late at the scene of con- flict he managed to observe its results with ‘ren accuracy. July 1 is to mark a new era for the Cheyenne and Arapahoe Indians in Okla- homa, 23 on that day they will 2e required to give up polygamy and content them- selves with one wife like a white man. The task of selecting which wifs to keep is not an easy one for the bucks, and the new era will be greeted with more calam- ity howls than were ever raised in all other parts of the country over the old era, | AN AMERIOAN OREDIT FONCIER. Statesmen and financiers are at present discussing the plan outlined by John R. Dos Passos, an eminent New York law- yer, for an American Credit Foncier. The purpose of the proposed organization is to take the income-paying farms ana otber real estate of the country and make them & basis of credit by issuing against them at a low rate of interest bonds which can be negotiated with the same ease as a Gov- ernment or other t-class mortgage bonds on all the exchanges of the conutry. In offering a synopsis of his scheme Mr. Dos Passos denies that it will open the door to wholesale and profligate indebte | ness. He shows that the existing mort- gage indebtedness on farms in 1890 was $2.209,148,431, and that this has increased uutil now 1t reaches almost $3.000,000,000. “The funding of this vast indeotedness at arate of Interest of about 4.65 per an- num and making the principal payabie in seventy-five years,” says the anthor of the plan, “is a task of itself which will occupy the company in question without regard to other business, and it will save to the farmers millions and miltions of interest. The effect of funding this debt will be to put into circulation a large amount of money which is now locked up in these mortgages and which is practically dead. To put this vast fund afloat helps lenders | and borrowers alike.” 1t is proposed to form a great loan and mortgage company, under supervision of the Government of the United States, with an suthorized capitai stock of $100,000,000. The main business and the main source of | the profits of the company will be found in the development of its mortgage loan and bond operations. The public is to be asked tosubscribe for the capital stock, the denomination of the shares of the company to be of $20, and no one person being allowed to subscribe for more than 500 shares. The loans are never to exceed one-half the actual cash value of the prop- erty offered for security, and each one dol- lar of the bonds of the company will be thus secured by real estate of the actu: cash value of §2, while the capital stock, | surpluses, etc., will be additional guar- antee, In connection with these loans it is pro- | posed to introduce into this country the “amortization” or sinking fund principle which has b:en so successfully followed in Germany and France, The “‘amortization” or sinking fund, ac- cording to Mr. Dos Pasos, is simply this: That the borrower is never called upon, unless it is agreeable to him, to pay tne principal of his loan, as a whole, at any one time, but by paying a small sum each yearin addition to his interest he estab- lishes a fund which ultimately wipes out the princival and satisfies the debt. The mechanism of the amortization vrinciple is simple: “At the end of each year a portion of the annuity is applied to the ‘amortization,” or sinking fund, re- ducing the original debt the same amount, the interest aecreasing in the same pro- portion as the debt is reduced; but, as tue annuity remains always the same, the result is that the fraction of the annuity necessary to the payment of the interest, while decreasing, leaves a larger sum ap- plicable to the ‘amortization,’ or repay- ment of the borrowed capital, and the progression, slow in the beginning, in- creases from year to year, and acquires great rapidity when nearing the limit of the fixed period.” This is calied the salient or vital principle of the plan. The system, in one form or anotner, is in vogue In nearly every country in Europe. Tne Credit Foncier of France is the most conspicuous example. Its as. sets are over 3,000,000,000 francs, and its bonds, bearing interest at 3 per cent, sell at about 105, while the French Govern- ment’s bonds range around 10114, The Credit Foncier plan is strictly non- partisan iu its scope and character, and, Mr. Dos Passos declares, its establishment is equally a necessity whether the gotd standard be maintained or bimetallism be introduced. The astonishing success and the popu- larity of the French system is the stron est argument in favor of the plan, which is certainly worthy of the serious consid- eration of the American peaple. A RECORD WITHOUT A STAIN. When ex-Police Captain Jobn Short, at the close of & lifespan of 90 years, went to render his report to the great Ruler of the universe he went with a record that had no stain or shadow upon 1t. Let it be said, to the honor of his mem- ory, that in his thirty years of service as volice officer and police captain in this City no breath of scandal was ever asso- ciated with his name. He enjoyed the confidence and esteem of all citizens who knew him and who valuea sturdy honesty and strict adherence to duty. In the rough classes of the slums, in the district where he long exereised official authority, he created 2 wholesome respect for the la He brought peace and order and a g of security to a district wherein, before the advent of Captain Short, it had been unsafe for & man to travel aiter nightfall. He enforced discipline to the letter, and yet he won the love and admiration of the officers under bis command; and his superiors appreciated his sterling worth. had a heart full of kindness and charity. In his eighty-ninth year he was still vigorous when at last the time came for him to lay down the star he had never dishonored. He was, in every way, it seemea, a model police officer and captain. It were a blessing to the community and to the world if there were many more peace officers of the John Short mold. PERSONAL. Dr. C. A. Rogers of Bakersfield is in the City. T.J. Rowland of Bakersfield is here visiting his parents. D. E. Knignt, merchant of Marysville, is at the Lick House. Robert Graham, fruit-grower of Sacramento, isat the Palace. F. E. Wadsworth, a banker of Yreks, isa guest at the Grand. C. V. Peck, a lawyer of Carson, Nev., is s guest at the Buldwin. W. N. Freemen of Teller, Colo,, is a xuest at the Cosmopolitan Hotel. George T. Mills, a mining man of Carson, 18 8 guest at the Occ.deatal. J. N. Dolph ot Portland, Or., registered at the Baldwin Hotel yesterday. Ed B. Willis of Bakersfield is among recent errivals at the Cosmopolitan Hotel. C. E. Tinkham, & prominen: lumber mer- chant of Chieo, is at the Grana Hotel. Frauk J. Brandon, secretary of the Senate, Caiifornia Legislature, is at the Grand. H. Jeifs, a prominent business man of Ari- zona, is regisiered at the Cosmopolitan. A. H. E. Macartney, s prominent fruit. grower of Kenwood, is at the Occidentel. Mr.and Mrs. Eugene S Ives of Pheemx, Ariz., are guesis at the Californis Hotel. Mr. and Mrs Ponsonby Ogle of London Tegistered at the Californta Hotel yesterday. F. T. Sutherland, a mining man of Camp Boaita, registered at the Palace last evening. G. W. Zartman, a well-known attorney of Tulare, came 1o town yesterday and put up st the Grand. Reginald W. Troman of Keswick is registered at the Palace. Mr. Truman is largely inter- ested in mines. W. H. Perry, a lumber-dealer of Los Angeles, arrived in the City yesterday and registered at the Lick House. Licutenant Delamere Skerrezt, U. 8. A, ar- rived from the East last night and registered at the Oceidgntal. Governor Budd arrived in the City yes- terday. He enjoyed a vacation of three weeks in the Yosemiie Valley. W. J. Shotwell, general agent of the Denver and Kio Grande Railway, returned from the north last evening. J. Woolf, a well-known merchant of Salt Lake, arrived in the City yesterdsy. Hels siopping at the Baldwin Hotel. Horace Lowry, a street-railroad magnate of Minueapolis, and E. W. Alger, from the same city, rgistered at the Palace last even:ng. Colonel Theodore Bauer and J. Marion Brooks of Los Angeles are guests at the Grand Hotel. They errived in the City yesterday morning. The announcement in last Sunday’s issue of this paper of the dangerous illness of Mrs. C. F. Hanlon was a mistake, as she was then and still is enjoying the best of health. Hon. Michael Meagher, formerly representa- tive of Mono, Inyo and Tuolumne im the Legislature and later Democratic nomines for State Controller, is sojourning for the season at Adems Springs, Lake County. Major Frank McLaughlin arrived in the City yesterday and 1s occupying quarters at the Palace Hotel. He cannot imagine how the reportstarted that he wes poisoned, for he is sure that no poison has been taken by him in s0lid or liquid refresbment and is also certain that none has been admitted to his mind. CALIFORNIANS IN NEW YORK. NEW YORK, N. Y., June 24.—At the Plaza— C. M. Wight. Imperai—R. E. Parr, W. F. Clarke. Windsor—L. H, Ciayburgh. Holland— Miss 0. Hoibrook, Mrs. 8. Knight, A. W. Rue. Gerlach—Mrs. Maynard. Mr. George Osrani, Mr. Ernest Osrani, Mrs. Carl Osvani, Mr. Al bert Osrani and Mr. Karl Osrani leit the Plazs and sailed for Bremen on the lremen. Mr. and Mrs. R. Andre, Prof-gsor D. L. Arnold and Miss Johanna Roemer sailed for Germany. CALIFORNIANS IN WASHINGTON., WASHINGTON, D. C., June 24.—W. E. Dar- gle Jr.,Oakland; Henry W. Worth, Los An- gele VICTORIA’S SHARP GRANDSON. St. Jumes zette, There is a good story going about Prince Alexander, the son of Princess Beatrice, who, at the early age of 11 years, is giving evidence thathe ought to become s commercial man. He received a present of one severeign from his mother, and, having quickiy spent it, ap- plied for a second. He was gently chided for his extravagance, but, unabsshed, wrote to bis grandmamma. The Queen had probably teen warned, for she replied in the same strain of remonstcante, whereupon the young Prince responded as unde DEAREST GRANDMAMMA: 1 Tecelved your le ter, and hope you wiil not think that I was disa) poiaied because you could not send me any mone: it was very kind of you to give me good advic I s0ld your letrer for £410s. CALIFORNIA glace fruits, 50¢ b. Townsend's® mredtont oot Mrs. Dorothy Howard, one of the most ec- centric women of Inalans, had & mania for fine clothes, and when she died recently left 175 dresses of the finest quality. it i sy U FINE eyeglasses, specs, 15¢, 40c. Sundays, 740 Market st.(Kast's shoe siore) ;weekdays 35 4th® et Colonel J. rayson Bradley, the mewly elected commanaer of the Ancient and Hon- orable Ariiliery Company of Boston, is s great-grandson of & Revolutionary soldier, aud ciaims, #s & maiernal ancestor, Colonel ;r‘yfi. who commanded a regiment at Bunker I ——————— ErperaL information daily to manufacturers, business houses and public men by the Press Clipping Bureau (Allew’s), 510 Montgomery. * g A wost delightful ride can be enjoyed next Sunday by joining the excursion to Ukiah. Two dollars’ for the round trip. Leave Tibu- ron ferry 8:30 A. M. v e Congressman George S. White of North Caro- lina, the only colored member of the House of Representatives, is nearly six feet tall, weighs about 240 pounds, is waf;— roportioned, show- iug the best characteristics of hisrace. He claims some Irish biood &5 well as Indian and negro ancestry. 825 Eate to Chicago via the Great Santa ¥e Koute. The low rates made for Christian Endeavorers will be open to the public as weil. An opportu- ity t0 visit the East never before enjoyed by Cal- fiornians. Pullman Palace Drawing-room Sleep ing-cars of Lhe latest pattern. Modern upholstered touriat sleeping-cars run dafly through from Usk- land pier to Chicego. Sce time-table in advertis- ing column. San Francisco ticketoftice 644 Market street, Chronicle bul'ding. Telephone Main 1531 Oskland, 1118 Eroadway. —————— $32 50 to Si. Paul, Minn Chicago. Tickets will be on sale July 12 to the 17th. Good final limit, August 15; stopover allowed. It'sa splendid opportunity to take a trip to Chicago and st0p off &t the famous Yellowstone Park. Send 6 cents in stamps for illustrated book, *“Wonder land,” to . K. Stateler, general agent Northera Pacific Rallway, 638 Market street, San Francisco. polis and “Mrs. Winslow's Soothing Syrap* Has been used over fity years by millions ot mothers for their children white Teetbing with pen fect success. it sooihes the child, softens theguma, sliays Pain. cares Wind Colic, regulates the Bowels and’is the best remedy {or Diarriess, whether ang- Ing 1rom tee:hing or other causes. *or sale by drug 81818 In every part of the world. Be sure and ask for Mrs. Winsiow's Sootbing Syrup. 2S¢ a botile ————— CORONADO.—Atmosphere is perfectly dry, soft #nd mild, belng entirely free from the mists com- mon further north. Round- trip tekets, by steam- sbip, including fifteen days board ai the Hoteldel Coronado, $60; longer siay §2 50 per day. APpLy 4 New Montgomery t, San Francisco. ———————— WHEN you fesl “‘as cross as a cat,” a doseof Ayer's Pills will make you as good-natured as & Kitten. 71y them for biilousness. DEPOT FOR TORPEDO-BOATS. ¥ One of tha proposed improvements in the Charlestown Navy-yard at Boston is the tor- pedo-bost depot, the cost of which will be $100,000. It isargued thatthe number of torpedo-boats in the navy is constantly fn- creasing and at the present there is no means of caring for thesscrait. When not in use such boats £hould ba kept outof the water, and the plan under consideration contem- Pplates storing each bost iu a separate house where it can be launched instantly if occasion requires it. The total ares occupied by the completed seneme will bea circular plat of about 600 feet in diameter. says the Boston Globe. From the river front first comes a small timber ary- dock, 200 feetin length and some 25 or 26 feet in depth. The rearend of this leads to circular turatable, twenty-0dd feet above the level of the dock’s bottom and yet some feet below the leve!l of the surrounding earth’s surface, permitting itto be flooded by the flood tide when the dock’s caisson is open to & depth of about three and a half feot. Radiating from this circuiar table, or wet basin, are the snip houses for the storage of day, compared such American heiresses to “heifers fattened for the foreign markel— that is to , fattened with their fathers’ mitlions, which makes them attractive in the eyes of their aristocratic lords. So prevalent has become the fashion of rich American women marrying foreigners that the last New York Legislature felt constrained to pass & Iaw 10 protect such women and their heirs from the disposition of their husbands to grab everything they possess. This law provides that any woman borna citizen of the United States, who shall bave married or shall marry an alfen, and the for- elgn-born children and descendants of any such woman shall, notwithstandinz her or their Tesidence or'birth in » foreign conntry, beentitled to take, hold, convey and devise Teal proverty situated within the State of New York. Under this law, it New York heiresses will have the bulk of their property at home when they marry abroad, they will be able to control it, and wiil thus be sbie to command 200d treatment from their respective spouses. When a foreign fortune-hunter gets the woman and her property int, s own control the re- sult is usually much misery for the American woman, as the pumerous separations and law- suits growing out of international marrisges testity. 1t Would be better if the American hewresses = Beanbe oo £al T i 007,28 ANTOOK TORPEDO DEPOT FOR THE CHARLESTON N VY-YARD. the boats, each built on the surface of the land, 200 feet in length and equipped with an improved special marine railway track. The operation of getting a torpedo-boat out of the water and housed iy explained as fol- ows: Made to fit the drydock is an open-end pon- toon or floating cradle-dock 180 ieet long, 30 feet wide and 25 feet in depth, built of steel and having a doudle bottom compertment. It will weigh 138 tons and have & liiting capa- city of 450 tons, exclusive of its own weight. This ponioon is placed in the drydock and its between-bottom compartments filled with water, which sinks its base to the dock’s floor- ing. The caisson or gate of the drydock is next opened and the dock is flooded to the tide’s level. The torpedo-boat to be taken ount of the water runs or is hauled into_the dry- dock, resting between the sdes and directly over the base of the sunken pontoon. All i3 now in readiness for the work of haul- ing out proper. The chambers of the pontoons are speedily pumped free of its water load, and the ponioon rises to the surface, the bottom coming up directly under the keel of the boat, so that the latter will rest on a cradle with which the pontoon is fitted, liiting it high out of the water. The nontoon, freed of water, though losded with 450 tons—more than twite the weight ot any torpedo-boat yet built or devisea—will draw, that is, requires, less than three feet of water upon which to float. As the basin leading from the rear of the dock is covered at the same time with over three and & haif feet of water, the loaded pon- toon is next floated upon thissurface, and it is turned so that the line of its cradieison & line with the rails in the house in which it is intended to store the particulsr boat being bhandled. Then the boat is run from the craale into the house, upon the rails with which the iatter is equipped. Christian Endeavorer’s Flag. The great army of aggressive young Chris- tians that are preparing to gather in this City next month will be marshaled under a flag adopted for the occasion. It containsa rep- resentation of the famous “Bear flag” of the so-called Caiifornia republic. The colors are purple and yellow, with a crimson stst in the upper left hand corner of the republic flag. YEARLY LOSS Or PAPER MONEY. To the Editor of the San Francisco Call—Srm: In order to obfain the annual percentage of loss of paper monmey in circulation I have searched through the reports of the Treasury Department from 1867 to 1897 for a record of National bauks which have failed and bave nad their circulation withdrawn and can- celed as the law requires. In no report have I found any reference made to the annual per- ceutage of loss. On page 27 of Comptroller Knox's report for 1883 we find groups of failed banks with dates of organization. By going back through the record of the department to the volume ior 1875 we find the dates when receivers were appointed for the fifteen banks | whieh had failed prior 10 1870. ‘With the date of organization d date of failure thus found we are able to determine how long these fifteen benks were in exist- ence, and having the percentage of the lost notes given at the last date named (1883) we can calculate the annual percentage of loss. 1 have selected eight of these fifte tional banks as a jair average of the whole fifteen, whieb are thus reported: Attics, N. Y.; Farm. ers’ and_Citizens’, Brookiyn, First N tional, Bethel, ockford, Ii Austin, ; Memphis, Tenn., and may be numbered Date of Receiver Organization, Appointed. 1. Attica « 14, 1864.... April 14, 1865 2. Brookiyn. Sept. 8. 1867 & Bethel Feb. 28, 1568 arch 15, 1869 Oct. 14, 1869 ay '8 1869 arch 21, 1867 U May 20, 1867 The length of time the several banks were in overation, the number of years after {ailure to 1883 and the percentage of lost or outstanding notes at the date of the report, 1883, may be tabulated thus No.ot Timein Percentage bank. op raton. ot loss. year § monin: .88 per cent 2. years 3 mouths. ‘64 ver cent .17/ years 10 mon:bs. “80 per cent 4.114 years 10 moutbs. ‘84 per cent 5.2 4 years 9 months 111 per ceut 8.221 year 5 month: “50 per cent 7....12 years 2 mout; 50 per cent 8..118 years § mont ‘83 per cent It will be seen that there is a marked varia- tion of lostes, No. 1 having lost .63 (sixiy- three hundredths of 1 per_cent) in one year and three months, while No. 7 only lost .50 (one-half of 1 per ceny) in two years and two months. My study has been o obtain fair and safe average resuits. Now, by reduc- ing the (1me of existence or operation of each of these elght banks to months and then divid- ing the whole percentage of ioss by the num- ber of months, we shall obtain the monthly rate of ioss, and this being multiplied by twelve will give us the yearly percentage of loss, which is indicated thus: Per Bank. Time. cent. Atuica. Smonths .63 Broukiyn, 27 months 64 Betael 4 mouths .80 s moncns 84 57 mouths 111 17 months .50 26 mouths .50 ‘41 monibs .53 Argregate 10ss of elght banks AVerage yearly loss of elght ba s We have at last reached the bottom fact for which this laborious research has been made, na: that the annual destruction and loss Aper currency is somewnat over one- quarter of 1 per cent, that is, .277. Butlam Willing {o be still_more conservative and re- duce it to exactly .250 or one-quarter of 1 per cent, which I think will satis;y any one as be- ing the true rate of loss one year after an- other. We are now prepared to apply this law of waste or loss to the volume of paper money in use since 1864 and see what we shall learn, & JOSEPH ASBURY JOHNSON, June 24, 1897. 855 Market street, THE AMERICAN HEIRESS DRAIN, Minnespolts Tribune. It is estimated that American heiresses pay snnually to foreign tit'ed fortune-hunters the aggregate sum of $30,000,000 to induce the titied foreigners to marry them. Referring to this evil one of the United States Senato; n s speech on the floor of the Senate the other would marry Americdns and save the §30, 000,000 drain; but as there are many who pre- offer them such protection as is possible {rom the results of their foll RETROSPECT. Days of my youtn! I gage back through The mist of time, and see again Myself aboy! Ab, if | knew ow what I thought that I knew then! And would that T were still as fiee To think that fate intended me To play & part in some great plan As when I hearl The tiist love word. And fondly dreamed myself a man. ‘The dreams 5t youth have pa The love words syoken the: How foolish do they scem to-das, When whispered o'er +gain! The hopes of youth seem foolish, too, For as the years roll pase The work laid out for me to do Shrinks in 1mportance fast, 2a away, And sbe that in the long. Sald foolish things, as 1 did, oh 1 wonder 1f, sometimes, she, t0o, Looks backyward o'er s of yore, And suiles and wonders, a 1 ao. FRATERNAL DEPARTMENT. Las Lomas Parlor of the Native Daugh- ters of the Golden West Gives a Cascarone Party. Last Tuesday evening the members of Las Lomas Parlor, Native Daughters of the Golden West, the majority of the membership being residents of the Mission district, sssembled in Mission Parlor Hall on Seventeenth street to take part with their many friends in a casca- rone party. The hall had been tastefully decorated with ferns, ivy and flags, banners ana drapings of bunting, the American flag. proving the patri- otfsm of the members, being the most promi- nent. Within the hall, when the orchestra played the grand march, there were many couples who formed part of the procession in its sinuous moves across the floor, and as the participants passed a certain pointeach was handed & cascarone, 1o be used lat rin the eveuing. A cascarone is an eggsheil filled with bits of scented paper, whichi those hold- ing them throw at one another, and when the sbell bursts the individusl struck is covered with the little squares and sometimes presents the appearance of one who is_just entering from a snowstorm or of one whose gsrments have been sprinklea with drops of pigment of many shades. The throwing of the innocent bombs is productive of e great deal of laughter and creates much amusement. Many of the shells were decorated with mottoes, flowers and figures paiuted on them by Mrs. S, P. Dag- ge't, the president. Some of these were so artistically decorated’ that the holders, in- stead of smashing them, preserved them as souvenirs of the occasion. This function was under the management of: Reception committee—Miss R. Bell, Miss J. Doheny, Miss M, Burke, Miss A. Murphy and Mrs. Burringtou; floor manager, Miss H. A. Gimpel; assistant floor manager, Miss Julia | Moler. This parlor, which is striving in the race for prominence, has elected the fullowing-named officers for ‘the ensuing term and will install them shortly: Miss M. Burke, president; Miss Emma McAilister, vice-president; Miss Hattie wards, third vice-president; Mrs. J. H. Bur- rington, marshal; Mrs. tehofield, recording secretary; Miss Bineley, financial secre- tary; Miss M. E. Waters, treasurer; Miss B, Colin, Miss euman anda Miss E. Hailer, trustees. Mrs. S P. Daggett will become the junior past president of the parlor. Mission Kebekah Lodge. Last Monday evening Mission Rebekah Lodge No. a fraternal visit to Excelsior Lodge No. 310, 1.0.0. F. The cozy lit:le loageroom had in it many membersof the lodge when the Re- bekahs entered, and they welcomed the tors in a most cordial manner. Aiter a fow short addresses by prominent members of each loage a dance was inaugurated and kept up until it was time for supper, which had been prepared in the banquet-room. There a most enjoyable hour was spent, and it was after midnight before the party broka up. The af- fair was a great success. To-morraw nignt Mission Rebekah Lodge will give a fishpond party in Excelsior Hall on Mission street. A first-class programme has been prepared for the occasion, and the com- mittee having charge of the affair assures its friends that they will have s delightful time. Leo Assembly No. 4, Y. M. C. U. Leo Assembly No. 4, Young Men’s Catholic Union, hes elected the following named as its officers for the ensuing term: President, P. Temony: first vice-president, W. F. Gleason; second vice-president. W. C. Billington; re- cording secretary, J. J.Sheahan; financial sec- retary, D. F. Anearn; treasurer, J. J. Mcluer- al, J. E. 0'Conuell; medical exami. ner, Dr. W. Thorne; trustees—D. P. Breen, B, Murphy, P. Brazel,'M. Lynch, 7. M. Leninan, P. 0’'Conuor and M. J. Hession; delegates 1o tenth grand assembiy—P. E. McCarthy, J. J. MelInerney, J. C. Murpny and P. Tamony. The installation will take place Thursday. July 1. The reports show that during the past term the assembly has been very successiul: in fact, since its organization in March, 1888, it has been remarkably prosperou: Degree of Honor. On the evening of the 6th of July Ivy Lodgs of the Degree of Honor will publicly install its officers in A. 0. U. W. Hall in Oakland. Mrs, Eva Cogan, alstrict deputy, will be the install- ing officer. Those who have witnessed this deputy perform the work in connection with an instaliation of officers declsre it the most perfect ever periormea in the order. Minerva Circle, C. O. F. Minerva Circle, Companions of the Forest, has appointed a committes to arrange for a social event to be given in Foresters’ building on the evening o Saturday next. The prin. cipal feature will bea programme of dsnces, REFLECTIONS OF A BACHELOR. A woman’s idea of happines is to have the men call her “irresistible.” The first time he called Zve wasn’t in, so the devil left a corset advertisement. Women are down on men's smoking be- c:\u: they know they’re not in it with s good cigar. A woman never enj giving & dinner m because she is always afrald the company rl sBlll graxy on her best doily. en the average woman wak & ment aay the ficst thing she will A6 Wil Lo s, look ‘around 1o see how the iashions hare s gt re 0 good girl as an idea that the 1 much baduess as there is, and 1o hed womey has an idea that the Bes an id Te is 50 much goodness as John D. Rockefeller is remembered among old Cleveland merchants as a young man in the oil business who was often seen with face, hands and clothing shining with tlluminant, fer foreigners 1t is well that our laws should | A. Gimpel, second vice-president; Mrs. Ed- | 25 of the Degree of Rebekan paid | | PAGIFIG BANK MIST PAT AL Montagu’s Five Thousand Dollars Not Part of the Assets. It Was Sent to the Bank as a Special Trust and Not a Deposit. Important Opinion by United States Circuit Judge Morrow in the Matter. United States Circuit Judge Morrow yesterday rendered an opinion in favor of the complamants in the suit of Samuel Montagu & Co., London bankers, against the Pacific Bank and o:hers, The opinion goes on to say: This is & bill in equity against an Insolvent banking corporation to declare a trust snd (o recover the sum ol 5000 as & special Ge The facts are these: Samuel Montagu & Co. cabled the Pacific Bank in San Francisco June 20, 1803, as follows: “Pay by telegram to Puget Sound National Bank, Seattie, Wash., $5000 account of Wiliiam Cochrane. We re- mit by cable to National Eank of Commerce, New York, for your account $3000.” The money was deposited in the Nationai Bank of Commerce in New York on the same dsy, but was never transmitied by the Pacific Baik to the Puget Sound National Bank at Seattle, State of Washington. On June 22, 1893, (he Pacific Bank suspended payment and closed its doors, and thereafter refused to pay its depositors or other creditors excapt in the pro rata distribution of the property and assets of the corporation in the process of liquidation under the management of tne board of ditect- ors, in accordance with the laws of the Siate. * * * 1t s contended on the part of the complain- ant that the money Involved in this trans. action was received by the Pacific Bauk for & specific purpose, aud not to be checked out or loaned or otherwise used by the bank; that the money constituted & trust fund ana did not become @ part of the general assetsof ihe bank, and, not having been applied to the pur- pose 'tor which it was received, it should be returned 1o the depositor, ‘The defendants contend that the money re- mitted by complainanis was piaced {o the ac- count of the Pacific Baok in the National Benk of Commerce at New York; that it was not sent directly to the Pacific Bank, but be- came a part of the account between the two banks, and the 1dentity of the deposit was lost, and that therefore the complainants should be admitted to share only with the otner creditors in the pro-rata distribution of the assets of the bank. The National Bank of Com- merce was the correspondent iu New York of the Pacific Bank. When & demand was afterward made upon acting President McDonald he gave as a reason for the failure of his bank to make payment, that they had not received the confirmation from the agent of the bank in New York, but he ad- mitied that it was customary to make the disbursement in sccordance with the di- rections of the order without waiting for the agent’s confirmation of the deposit. Judge Morrow continues: 1t is clear from the evidence tkat the Pacifie Bauk bad received, through its agent in New York prior 1o ils suspension the deposit in uestion jor transmittal 1o the Puget Sound National Bank, and that it yas a special de- posit made for a specific purpose and in the nature of & bailment. 1f it was not deposited 10 be checked out or to be loaned or otherwise vsed by the bank in law the bank held it as a frust fund and not as the asseis of the bank. ¥ % * Consequently a trust was impressed up- on this §5000 in {avor of complainan ts and it does not belong to the general creditors ot the bank. A decree will, therefore, be entered, declar- ing that the defendants hold £5000 in trust for complainants, and that they recover the sqme with costs, and it is so ordered. HAWAIIAN JURISDIOTION. The Supreme Court Dissolved a Supe- rior Court Injunction Yesterday. The Supreme Court has reversed the order of the lower court in the case of Claus Spreckels against the Hawaiian Commercial and Sugar Company. Ac- cording to the records Mr. Spreckels and several other gentlemen formed the com- pany to operate a sugar plantation in tha Hawaiian Islands and this involved the acquiring of water rights, lands, etc. Some time azo a number of the directors began an action in the Hawailan courts to compel Mr. Spreckels to turn over a tract of 6000 acres of land, to which they laid claim as a part of the property that he was to turn into the corporation. Mr. Spreckels claims this property as his indi- vidual possessions, and some time ago he brought an injunction action in the Supe- rior Court of this City to restrain the other members of the company from bringing suit in the Hawaiian court against him in this matter and a tem- porary injunction was granted. From this an appeal was taken to the Supreme Court. This tribunal yesterday decided that the Hawalian court has en~ tire jurisdiction of such cases as involve property within its territory and the tems porary injunection was dissolved. 1f the decision stands the se will be tried on its merits in the Haw: n courts. NEW TO-DAY. A trio worth trying: “Trophy” Baking Powder and "Tillmann’s’ Spices and Flav- oring Extracts. But not worth trying if most any kind is “good enough.” Tillmann & Bendel, Mfra. ©0-0-0-00-00-0-0-0000 AN EXCELLENT MEAL s rO] served, can T THE GRILL ROOM OF THE PALACE Decidedly the Most Popular Dining Apart- ment in town.