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New-York tribune. (New York [N.Y.]) 1866-1924, November 08, 1900, Image 1

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T ot -LX....N°- 19.716.
GREAT VICTORY CONFIRMED
BRYAN ISM BURIED UNDER OVERWHELMING REPUBLICAN
MAJORITIES.
VERDICT OF THE PEOPLE FOB. NATIONAL HONOR.
All the substantial results of Tuesday's election, as indicated yesterday, are
confirmed by the latest reports. McKinley and Roosevelt will have 292 elec
toral votes out of 447, being 68 more than are required to elect. The LVIIth
Congress will have a Republican plurality of 49 in the House. The Senate will
probably be composed of 55 Republicans to 31 Democrats and 4 Populists.
The result in Nebraska is close, but the Republicans have probably carried
the State by a small plurality.
The Fusionists ?*em to have elected the Legislature in Colorado, which will
mean the defeat of United States Senator Wolcott for re-election.
Montana will probably return a Democrat in place of Senator Carter, and
? -v also send back Senator William A. Clark.
Kentucky gives her electoral vote to Rryan by about 5,000 plurality, and
elects Beckham Governor over Yerke?.
Utah, which seemed to have been carried by Rryan, is transferred by later
dispatches to the Republican column.
West Virginia and Maryland again give their electoral votes to McKinley,
" hoth States will be represented by solid Republican delegations in the next
Congress.
Pennsylvania rolls up the enormous plurality of over 300.000 for McKinley
and Roosevelt.
Kansas. Nebraska, Utah. Washington, South Dakota and Wyoming, which
F.ryan earned four years ago. are now Republican.
President McKinley's plurality in this State appears to be 145,086. and Mr.
Il*s 109,751. The New-York Legislature will be divided as to membership
• Senate— Republicans. 34; Democrats. 16. Assembly — Republicans.
10r>: Democrats. 45.
The city of New-York gives Rryan 27.021 plurality and Stanchfield 4_.9fiß.
Douglas Republican, was elected to Congress in the XlVth District of Man
- There are two Republican State Senators from Manhattan and there
are nine Assemblymen.
The New-York Tribune broke all records yesterday in the history of news
papers and Presidential elections. On the day after election there have hereto
fore been "doubtful" States and State* "probably" carried by this or that candi
date. Yesterday The Tribune gave the exact number of electoral votes won,
respectively, by McKinley and Bryan. This was done in every edition of the
paper, beginning with the first, which lett the press at 1:30 a. m. The latest re
turns do not change the figures.
ELECTORAL VOTES AND STATE PLURALITIES.
FOR M'KINLEY.
Electoral
vote. Pluralities.
California » 40.000
Conneetioot *l 28,400
Delaware " 5.000
Illinois 24 KMI.OOO
Indiana 15 30.000
lowa *:» RO.OOO
Kansas »• 25.000
Maine • Bl*sOo
Maryland S 1.-i.iWK.
MasKachusettN 15 82,000
Michigan X IW.OOO
Mlnn^ntn » OttjOnO
IHkiuU * r »- oo °
\en'-Hamp»liirf> 4 20.000
Nr W -Jer»,, *• s *.<*>O
New- York 2« 14.1,000
\orth Dakota * *.«*»«>
Ohio »=* «*.«**»
Oregon * *«•««»
Pennsylvania «2 3«HMMM>
Rhode Inland 4 14.<MH>
v.nth Dakota * I.MHK.
i- tab ■•' 4.oik>
Vermont". '.'.'.' ■* 4< J' MM>
Waaliincrton 4 '"!_
UV-t Virginia *' 1.-l.O«M»
AVUeon.in i »°/™»
yominft 2
282
INDIANA.
GIVES M KINLEY 30,000 PLURALITY.
Indianapolis, Nov. 7.— Latest returns from
Indiana indicate that the Republicans have
carried the State by from 28.000 to 32,000. The
Republicans probably have elected eleven of the
thirteen Congressmen. The Legislature Is
thought to be safely Republican.
An unexpected development is the fact that
the Republicans made their strongest gains in
Democratic strongholds. In seven heretofore
Ftrongly Democratic strongholds McKinley and
the State ticket showed a greater ratio of gain
than was shown by the figures from several
strong Republican counties.
in Aim.
GOES TO BRYAN FINALLY BY 3."0n.
Br'.o Nov 7 (Special).— Latest returns give
Idaho to Bryan by 3.000. Entire Fusion State
ticket elected by from 1,500 to 2.000. Democrats
have control of both branches of the Legisla
ture forty-fire out of seventy, and this num
ber will probably be increased on fuller returns.
Shoup's own county. Lemhi. gave over 4O<>
■gainst his legislative ticket and against the
Republican State ticket. Dubois will be re
turned to the United States Senate In Shoup's
place.
KANSAS.
REPUBLICANS SWEEP THE STATE.
Topeka, Nov. 7.— On th- basis of the limit.-d
returns the Republicans claim Kansas by 25.000
for th.- National ticket and 20,000 for the State
ticket, and the election of every Republican Con
gressman with th- possible exception of the Hid
District. Republicans claim the Legislature by
a safe majority on foist ballot, insuring the
election of a Republican United States Senator.
The Populists concede the State.
Out of 2,300 precincts. 288 give McKinley
I&.413; Bryan. 14.11*5. In IS9<> the same gave
ICcKinley 15.721 ; Bryan. 15.040.
WEST VIRGIMA.
REPUBLICANS MAKE A CLEAN SWEEP.
Wheeling. Nov. 7.— West Virginia has gone
Republican by from 12,000 to 15.000 majority.
The entire State ticket is elected. " The Con
gressional delegation is solidly Republican. The
£*£i*lature Is Republican, in both branches, in
uring the re-election of Senator Elkins.
UTAH.
REPUBLICAN BY 4 '
■alt Lake, Nov. 7.— lt 1b .stimated that the
{ '-^.>ubllr_ns have carried Ttah by 4.000 majority
tor both the Presidential and State tickets. In
complete returns from sixteen out of twenty
»*vec counties In the State give McKinley
22.240; Bryan. 20,463.
FOR BRYAN.
Electoral
vote. Pluralities.
Alabama « TO.OOO
Arkansas « 70.000
Colorado „ • • * 35.000
Florida 4 20.000
Ceonßr , a 1.1 80.000
Idaho :< a- 000
Kentucky 13 8.000
Louisiana « .10.000
Misslnsippl » 4.1.000
Mfs!"ot;"t 17 , ■ •" ' ■ 2tMKWr"
Montana 3 10.000
Nevada 3 1.500
North Carolina 11 25,000
Sonth Carolina J» r»O.OAM>
Tennessee 12 20.000
Texas IB 175.000
Yircinln 12 30.000
1 US
Total F.leetoral vote 4"4"7
\fcfmnrj to a choice 221
NEBRASKA.
NO DOUBT OF REPUBLICAN VICTORY.
Omaha, Nov. 7 <Snecial».— lt is settled to-night,
without possible grounds for dispute, that the
Republicans have swept the State ard have
elected the State ticket and the Presidential
electors by majorities ranging from l.."><x") to
5,000. The Legislature is still claimed by the
Populists, but the Republicans say they will
have 7"» votes out of 13H on joint ballot. The
Congress ti< ket remains unchanged, though
the Populists elected Robinson, in the Hid. by
only 200; Stark, in the IVth. by the same figure,
and Shallenberger, in the Vth. by only 120.
Twenty-one i ountles have sent in complete re
turns, giving McKinley, 40,000, and Bryan.
37,890. Th- same counties in 1896 gave Mc-
Kinley. 34,481; Bryan. 38.062, making a net Re
publican gain of 5.720. The ratio of gain con
tinues Fteady and has never faltered from the
moment the first precinct reported last night.
The ugh the Fusion forces do not yet concede
the State, it is likely to give McKinley not less
than 7.000 majority.
Chairman Lindsey of the Republican Com
mittee said to-night:
The State has gone Republican by majorities
ranging from T.tMl to lO.oitu. The full State
ticket is elected, with the Presidential electors,
and ire have 7.". out of 133 votes on Joint bal
lot in the Legislature, making it certain that
two Republican Senators will be elected. The
Congress ticket in probably not changed, though
we do not yet concede the election of Robinson
in the I lid. which later returns may show has
been carried by the Republicans.
A non-partisan view, however. Is that the
Legislature is not yet certain. In fact. It may
he forty-eight hours before the situation is
known definitely.
Already the fusion forces are talking of a
contest '<t 'he state ticket, provided the Legis
lature is Fusion, and this will probably be done
on charges of fraud.
MONTANA.
DEMOCRATS GAIN A L'XITED STATES SEN
ATOR.
Butte. Xov. 7 (Special).— Th^ Clark and Heinze
forces have swept Montana. This means the
defeat of Senator Carter and probably the elec
tion of Heinze and Clark to the United States
Senate, as the Daly faction was beaten out on
the legislative ticket in nearly every important
town.
The Democratic chairman says Bryan has car
ried the State by 10.000 to 15,000, and Toole
(Clark Dem), for Governor, and the remainder
of the ticket have been elected by from 4,000 to
8,000.
KENTUCKY.
aMALL BRYAN PLURALITY- BOTH SIDES
CLAIM GOVERNORSHIP.
Louisville, Nov. 7 (Special).— The Republicans
believe they have carried the State for McKin
ley and Yerkes by 2..T00 to 3,000 majority, but
the Democrats are claiming it, and the iseue
is in doubt until the official returns can be seen.
Continued •■ second P<Mge.
NEW- YORK. THURSDAY. NOVEMBER 8. 1000. -FOURTEEN PAGES-^t^T^i
PRESIDENT M'KIXLEY ABOUT TO STEP INTO THE POLLS AT CANTON AND VOTE.
DEEP INTEREST IN LONDON
EFFECT OP THE PRESIDENTIAL ELEC
TION ABROAD.
AMERICAN SECURITIES IN DEMAND— PRESS
COMMENTS— MORE MINISTERIAL
CHANGES.
ICoayrlyht; 1900: By Th* New-York Tribune.]
[by CABLE to the Tr.inuxE.]
London, Nov. S. <! a m.— Several excited
operators rushed nto Shorter*3 Court as early
as 8:30 o'clock yesterday morning, shouting
"Atchlsons." "/Milwaukee's" and "Unions." They
were heralds of McKinley's election. They soon
had an eager crowd about them yelling for
"Yankees" at any price. The gamble went on
until the Stock Exchange was cpened, and from
the swarm of telegraph messengers It was evi
dent that the speculators were in touch with a
large body of French and German buyers. Up
went every American stock, and the excitement
continued throughout the day. There were tem
porary breaks in "Atchisons" and "Unions," but
there were speedy reactions, and it was a great
day for "Americans." The earlier dealings were
purely speculative, but the upward tendency
was sustained, and the general effect of McKin
ley's election on markets of all kinds highly
stimulative.
The result of the election continues the chlivf
topic of the English prepp, which, while main
taining an Impartial attitude toward the cur.di
-4»ttJ»r-««>w cmfrs?p~9 that a deep interest f*~reu
here in the contest. A good many parallels are
drawn from the. different points of view. The
Unionists strangely describe Bryan as an
"American Gladstone" who was bent upon
bringing about another Majuba by hauling
down the flag in the Philippines. Other writers,
taking up another parable, compare the silver
movement with Gladstone's Home Rul<- policy,
and assert that it has had an equally demoral
izing effect upon the party in opposition. The
outspoken Radicals dc not hesitate to express
sympathy with Bryan's views on all questions
except silver, and lay stress upon what they call
his "programme of social reform, Including free
trade, income taxation, warfare against trusts
and hostility to the money power and mili
tarism." Other Liberal journals ascribe Bryan's
defeat to his alliance with Croker and munici
pal Jobbers. There are no extravagant eulogies
of President McKinley, but satisfaction over his
election Is general. It is a common comment
of many journal? that Americans and English
men, In settling their own elections, have
reached the same ground, and left a strong
Government in power in each country to work
out the logical results of war. instead of intrust
ing with the responsibilities of office an Opposi
tion made up of many factions.
MISCELLANEOUS LONDON TOPICS.
Little attention has so far been Riven to the
Canadian elections. The Kngliph people are.
however, fully appreciate Sir Wilfrid Laurier
and his work, and will be pleased by his return
tc pow»r. The good Impression which he ''re
nted over here when he visited London on the
occasion of the Queen's Diamond Jubilee, has
not been, nor is it likely to be, fnrg.it ten.
"The Express," which has been worrying Itself
by finding out instances of American commer
cial enterprise on British soil, now trier to show
that American Consular officers ar" unduly In
terfering with the trade affnir«i of Sheffield
manufacturers.
The mystery of Far Eastern politics 1* getting
deeper. A new quadruple alliance is now an
nounced in St. Petersburg between America,
France, Japan and Russia.
There were bright face s in the American
Embassy yesterday, where then- were many
callers. The most radiant one was Consul-Gen
eral Osborne's. He had received an early dis
patch from Mr. Manley giving a comprehensive
estimate of the results of the election. Mr.
Clioate was also highly pleased, but could not
remain long at the Embassy on account of an
engagement to give away the bride at the mar
riage of Lord Newborough with Miss Grace
Carr. daughter of th<. late Colonel Carr, of Ken
tucky. It was a pretty ceremony, at Savoy
Chapel, the bride being attended by two little
maids in white, with old Irish lace and large
pink hats.
The American Ambassador will be enter
tained by Lord Rosebery when he delivers an
address at Edinburgh next week. His subject
is "Lincoln" and the address will be his most
elaborate essay since his arrival In England.
Lord Salisbury Is adopting a policy of thor
oughness in his scheme of Ministerial recon
struction. Another batch of new appointments
was announced last night. Mr. Wyndham, of
course, gets the Irish Secretaryship and Gerald
Balfour the Presidency of the Board of Trade,
while Walter Long, who had a very unpleasant
time at the Board of Agriculture because <>f his
determined efforts to stamp out rabies among
dogs, is transferred to the Local Government
Board. Considerable Interest attaches to the
appointments of Austen Chamberlain and Vis
count Cranborne. The former, who beam a
striking resemblance to his famous father and
is rapidly making a name for himself in Farlia
ment. succeeds Mr. Hanbury as Financial Sec
retary of the Treasury, while \ iscouni Cran
borne, eldest son of the Premier, gels the place
vacated by Mr. Brodrick. Vlaccjint Cranborne
has never held office before and has hitherto
confined his attention In Parliament U- Church
matters. He is an officer of the Imperial Yeo
manry, and is now on his way home from South
Africa. I. N. F.
APPROVED BY THE QUEEN.
NEW APPOINTMENTS ANNOUNCED IN LON
DON.
London. Nov. 7.— The Queen has approved the ap
pointment of the Right Hon. Waiter Long, Presi
deat of the Board of Agriculture, to be President of
the Local Government LJounl, in succession :<j the
Right Hon. Henry Chaplin; Uera!d Bal'our. the
Chief Secretary for Ireland, to be President of the
Board of Trade, in succession to the Ri<l".t Hon.
C. T. Ritchie, recently appointed Secretary of St:.t
for Home Attair?; George Wyndham, Parliamentary
Secretary for the War office, to be Chief Secretary
for Ireland, in succession to Gerald Balfour; Lord
Cranborne, eldest son of the Marquis of Salisbury,
to be Cnder-Secretary of State for the Foreign
Office. :n su. -cession to the Right Hon. William St.
.John Brodrk-k. recently appointed Secretary of Stare
for War; Joseph Austin Chamberlain, eldest son of
the RU-ht Hon. Joseph Chamberlain, to be Financial
Secretary to the Treasury Department; Lord Stan
ley, to be Flnamlal Secretary <>f the War Office,
and Arnold Foster, to be Parliamentary Secretary
of the Admiralty
LAURIER GOVERNMENT WINS.
LIBERALS SPLENDIDLY UPHELD IN THE
CAN ADI A N E LECTION S.
Toronto, Or.t., Nov. 7.— The elections for the
Dominion Parliament were held throughout
Can.-idii to-day. There was a contest in every
constituency, with three exceptions, and these
elected their representatives by acclamation, two
Liberals and one Conservative. There are 213
constituencies, and the normal majority of the
Liberal Government was 58. Rain fell heavily
all morning.
The rvturn -»f the Liberal Government to
power is assured. I">X constituencies out of 213
having been hoard from rt-right. Of these the
Liberals have carried 1< MJ and the Conserva
tlve« 58.
SIR CHARLES TUPPER DEFEATED.
ONE OF THE SURPRIPKS IN THE RETURNS
across TFir: border.
Ottawa, Nov. 7. — Election returns from the
Maritime Provinces show that the Government
made large gains there. Sir Charles Tupper. the
leader of the Opposition, and McDougall. Con
servative, were defeated by Johnston and Ken
da!! in Cape Breton. In St. Johns. N. 8., A. O.
Blair, Minister of Railways, defeated George E.
Foster, late Minister of Finance.
Halifax, N. S., Nov. 7.— The Maritime Prov
inces apparently have supported the Laurier
government more pronouncedly than before. In
Nova Scotia the four mining counties of Cape
Rreton Island send a solid contingent of five
Liberals to Ottawa. Among the defeated Con
servative candidates there is Sir Charles Tup
per, who encountered his first political reverse
of forty years' unbroken public life. This was
probably his last election. The vote was: Tup
per, Conservative, ;{,-4(C; McDougall, Conserva
tive. :;.4»;;{, Jobnstone, Liberal, .{.ii*7; Kendall,
Liberal, .'*.7S.">. Sir Charles Tupp^r arrived here
from Sydney this morning and vot>-d in Halifax.
The defeat of the venerable Conservative leader
is one of the surprises nt the election.
In Nova Scotia proper there are several ex
changes .if counties with a net gain for the Ad
ministration. The whole of Nova Scotia was
represented at Ottawa before th- election by
twelve Liberals and right Conservatives. The
new Parliament will probably contain fourteen
I-ii»-ral.s and six Conservatives.
THE COXTKBT !\ NEWrOCXOLAXD.
; warm PTRrooLE between those for and
; THOSE AGAINST MR. REID.
i* St. John's, X. F.. Nov. The Newfoundland
I general election will be heM to-morrow. Day by
I day the campaign ha« Increased in bitterness.
1 Many extraordinary phases have been developed.
showing now strenuously the fight is being waged
by Mr. R >iil. the contractor. in whose Interest the
I Tories are working, that he may be enabled to
: transfer his extremely valuable franchises, affect
! ins? the whole country, to i limited liability com
■ puny.
! Mi. Reid controls the railway lines, and the Lib
: erals have been unable to obtain special trains to
i convey to their homes from other districts voters
i in St. Johns. They have been obliged to charter
a sealing steamer, "the Diana, ami are dispatching
! four hunJr«»d men to-night. Mr. Reid is carrying
I trainloads of Tory voters.
; The election virtually amounts to a contest for
the mastery of the Colonial Legislature. Mr.
; Morine, who is Mr. Reid's general counsel, Is lead
i Ing the Tories, and a number of Reid employes are
, among the Tory candidate?. If the Tories win Mr.
I Reid will control the Government. The present
I Bond Ministry is strongly opposed to his policy.
MOROCCO MUST PAY IP.
Tar.*i»r. Nov. 7.— The United States Consul-Gen
eral (Samuel R. Bummere) Is understood to have
made further strong representations to the Gov
ernment officials, urging the immediate payment
of the American claims. It In also again reported
that an American cruiser Is to be sent to enforce
the demand.
The claims referred to are probably those of the
I'ntted States Government for an indemnity from
the Sultan of Morocco of $5,000 for the murder of
Marcus Kssagln. • naturalised American citizen,
who was burned to death by a mob at Fes. after an
altercation with a native, during which he drew a
revolver and shot a bystander In the foot.
DKERFOOT FARM SAUSAGES.
With Increasing knowledge of the danger to
health through carelessly prepared food, consumers
grow mqre fastidious in their selection. "Deerfoof
meant purity, daintiness and cleanliness.— Advt.
BOOMING STOCK MARKET.
HEAVY BUYING FOLLOWS BRYAN'S
DEFEAT.
RESTORATION OF PUBLIC CONFIDENCE RE
FLECTED IN ADVANCING SECURITIES
PRICES— NEARLY A RECORD DAY.
Upon the Issue of the National election of
Tuesday, It was everywhere recognized by
thinking men. depended the restoration of busi
ness confidence, the existence of which is the
vital element of commercial and industrial ac
tivity and enterprise, and the integrity of which
wats so desperately assailed and so gravely Im
paired by the nomination of William J. Bryan
at Karsas City. That confidence has been re
established by the sweeping defeat of Bryan
and th» rejection of his reactionary platform,
and that the long period of threatening financial
storm is over and the clouds of uncertainty are
lifting are plainly enough indicated by the
course yesterday of the financial barometer of j
the country, the New-York stock market. For
although that barometer had for weeks been
showing an upward tendency, corresponding
with the increasing probability of the re-election
of President McKinley. It was not until yester
day that th«» tendency became a pronounced
movement, th^ significance of which could not
be misinterpreted. It was a record day, with ;
total transactions exceeded in volume only nnce !
In the history of the Exchange, and with more ;
Issues dealt In than on any prevlou day. It was
the day of the public, the outside* Investors pour
ing in a volume of buying orders that swept the
professional traders from their position, and
advanced prices all along the line, despite the
traders' tactics of 'selling the market."
1 The movement was the reflection of the con
j fidence regained by the investing public and the
| large operators, that Bryanism had received a
staggering, if not a mortal, blow, that for four
i >ears at least, and probably for all time, the
i Nation would keep the faith financially and
honor its own obligations to the full; that
I for four years at least there would be no as
! saults by the party in power upon vested rights
. and upon capital as capital; and that, con
'■ sequently, with these conditions of industrial
! peace and protection assured, the industrial de
! velopment. of the Nation could not but continue,
■ with its concomitant of increasing and broaden
' ing prosperity in all parts of the land.
: WHAT EXPERIENCED OBSERVERS SAY.
i Yet natural as was the enthusiasm which
. foun'j its outlet in the stock market yesterday.
: and fully as the situation would seem to justify
♦he advance in prices. it is the opinion of the
,' most experienced observers that a big boom in
■ stocks Is net now warranted, but rather that
; there should be a gradual but steady apprecia
tion In values, it be't.g generally recognized that,
j although there have been considerable advance?
already as compared with the low prices of the
weeks following Bryan's nomination, current
prices do not fully measure values.
One entering the Stoe<t Exchange yesterday
morning, ignorant of the great news of the elec
tion — If such a man could have been found—
would nevertheless have known that the day
was a remarkable one. The galleries were
crowded long _before the opening with men and
! women, "standing four or five" tleep*" and eten
i the south gallery, usually reserved for the use
of the members, was thrown open to the public
! and was. like the other galleries, densely crowd
i cd. On the trading floor, where usually about
! five hundred brokers assemble to transact
i business, were yesterday morning gathered
I fully seven hundred and fifty, the largest
i groups being at the Brooklyn Rapid Tran
sit, Sugar. Tobacco, Southern Pacific, and At
| chlson posts. Promptly at 10 o'clock Chairman
j Kennedy's gavel fell and the day's business be
! gan with a rush of orders and a roar of excited
! voices. In many of the active stocks there was
' a "wide opening," sales being made simulta
! neously in different parts of a group at prices
| from 4 to 14 points apart. The opening rush
' of trading was so fierce and excited. indeed,
that it is said that not much more than one
half of the transactions of the first few min
utes found record on the ticker tape.
"CROKER'S BUYING IT:"
The first recorded transaction of the day was
the purchase by W. B. Oliver, jr.. of 1O»» shares
of American Ice common, at 39, an announce
ment which caused a general laugh when a
facetious broker shouted "Croker's buying It:"
Then came a block of 2.O»X> Sugar at 127 to
1274. something like a point gain: then 2.2*10
| Pennsylvania, at 135% to 130, up 24: then 1.000
■ Manhattan, at par. a gain of 2; then *».'nk) South
! em Pacific at 30 Ij.1 j. and some more Manhattan at
' par; then a lot of American Smelting, common
j and preferred, with gains of 14 and \. re
spectively.
Next came a large lot of American Tobacco
at 102 to 1024, up 44 points; then a lot of Fed-
I eral Steel common at 434 to 44. a gain of over 3
I points; 6,000 Steel and Wire common, at 374
to 30. up 24; 1,700 Southern Pacific, at 30. and
3.800 Missouri Pacific, at 58 to r».S>. 4 . a gain
I of m.
The greatest pain was registered by National
I Steel, which sold up 5 points. National Tube
I advanced 4 points. American Tin Plate. i'i_,,
| Tennessee Coal and Iron. '2%, and Consolidated
| Gas, 2 : V All through the list there were gains
more or less extensive, the industrial group
having rather the letter of it at the outset. At
the end of the first half hour there were indica
tions of profit taking, and the market sold oil
here and theres becoming rather irregular. This
condition was reflected for the rest of the first
hour, but as a whole prices held well and all
j offerings appeared to be readily absorbed.
Commission houses were doing the largest
I business for months past, and Chicago, Phila
delphia and Boston were reported to be liberal
buyers. Business at one time was so heavy that
broken absolutely refused to execute orders of
le.'s than several hundred share bids.
The advance was well maintained throughout
the day, prices closing not far from the top. as
a rule. About 501,000 shares had been bought
by cable in London in the early hours of the
morning, as soon as the fact of McKinley's elec
tion hail been definitely learned, and London
was a heavy seller later on in the local market.
There was, too, enormous realizations selling,
and the traders, many of whom are short of the
market, sold extensively early In the session. But
j the traders found themselves compelled for pro
| tection to turn buyers later, and the profit-tak
ing caused only unimportant recessions. Call
money, which brought as high as 25 per cent
on Monday, ruled yesterday at 6 to 1 per cent,
and closed at 2 per cent, and time loan rates
; were equally reasonable, ranging from 4 to 44
i ocr cent.
The total sales wen* 1.418.735 shares, a quan
i tity only exceeded on January 23. lM«fl. when the
j transactions aggregated 1.527.644 shares. There
Continued on second pace.
THE LINE OF LEAST RESISTANCE
to along the Hudson B_N> through the Mohawk
Valley and on a level with Lake Erie and Lake
Mlchigar, from N«w York to Cleveland. Detroit
and Chicago, and is of course the New Tork Cen
tral. -Acvt.
PRICE THREE CENTS.
TO STRIKE AT (RoKER.
REVOLT AGAINST HIS LEAD
ERSHIP WIDESPREAD.
I
BITTER ENEMIES WITHIN THE ORGAN
IZATION AND PROMINENT DEMO
CRATS WITHOUT IT LIKELY
TO COMBINE AGAINST
THE BOSS.
The election returns of Tuesday night wer«
hardly counted before the sullen opposition to
Richard Croker's leadership of the Tammany
organization which has smouldered within It for
the last two years began t<> show Itself. There
is not the slightest douht that Croker to-day
faces a struggle that will shake the organiza
tion over which he has held despotic sway for
so long to Its very foundations. Ever since
Crake* returned from Europe in 190! and wrest
ed control of the organization from John C.
Pheeh'an he has followed a policy that has
amaze the old time leaders. His brutality,
arrogance, insolence and selfish greed have been
amazing. Hi? disregard of public opinion, pri
vate rights and personal feeling has been un
paralleled. In the old days he was taciturn and
secretive. In the last three years he has talked
a great deal, and often in the most startling
manner. Be has resorted to political tricks and]
tactics at which even his associates in Tam
many Hall have trembled. His utter disregard
of decency and courtesy in political management
has drawn down upon the head of Tammany a
storm of criticism that the leader? have been
unable to meet successfully. V- any of them
have tried to reason with him. he has cut them
off short and often insultingly. He has de
manded results of them in th- districts which
he has by his own words and acts made im
possible. When they hay.> failed he has heaped
abuse upon them. The Tammany leaders of to
day, almost to a man. are irritated, ugly and
disgruntled, and their hatred is being turned
toward Croker. Some of the most powerful
leaders in the organization are ready to take
issue with the Boss, and 11 only awaits the bold
stroke of some daring leader to precipitate tha
battle.
THE OPPOSITION OUTSIDE.
Added to this opposition from hia own leaders.
Mr. Croker faces the antagonism of many Demo
crats of high standing who have never identified
themselves actually with the Tammany organi
zation. These men of position, education and
financial and commercial resources have always
been good Democrats, but they cannot be called
in any sense of the word supporters cf Mr. Cro
ker. In fact. It is ascertained that these Demo
crats, many of whom were in the old County
Democracy and others of whom are so-called
Gold Democrats, share in the general dislike of
Croker and the desire to see him overthrown a3
the local Democratic leader It is said they will
join hands with other Democrats to bring about
Croker's defeat, and all indications point to a
powerful combination from both within and
without the ranks of the Tammany organization
of fair minded and upright Democrats to end
the political dictatorship of the Bos?.
Ip 1598. when Augustus Van Wyck was run
ri'ng for Governor. Cloke was free with his
tongue He brought the ticket into disrepute,
and some of the leaders told him so. All they
received In reply was sneering ..buse. When
defeat came Croker turned fiercely on the lead
ers. In the campaign that has Just closed,
even the Tammany leaders say Cfoher*s open
espousal of Bryan's cause, his brutal tactics ir»
stretching insulting banners along the route of
the Sound Money parade, his outrage on private
right? and public decency In th-? use cf the
searchlight in Madison Squar-\ a!ier.at-».l hun
dreds and thousands of votes. Croker would
I never we this.
Shortly before the Saratoga Cor.venrion Cro
ker turned fiercely up<->n Eugene Wood, a rcwer
ful Democrat in Albany County. H»» abused
Wood in a most offensive way. Wood is per
sonally especially friendly with some of the most
powerful leaders in Tammany Hall, and in the
controversy that followed such leader- .is Sen
ator Sullivan. Anthony N. Brady and other?
boldly told Croker he v us wrong. There is no
doubt that this fierce fight against Wood Irri
tated and angered several powerful Tammany
men hitherto friendly to the Boss, and they have
not forgotten It. Cr^ker"? rejection of Joseph
I. Green, the logical Tammany candidate for
City Court Judge, angered hundreds of .he lat
ter's follower?. All through the organization
there is a sullen umiertcne of dist-rntent. re
bellicn ar.d d!s.->at:sfacticn with his leadership.
DRIVEN OUT OF THE ORGANIZATION*.
Croker. by thes. very same tactics, has driven
out of the organisation within recent jvars some
of the most able and powerful leaders that Tam
many ever had. Such men as John C. Sheehan.
ex-Senator Jacob F. Cantor. ex-Mayor Thomas
F. Gilroy. William F. She ban Louis Mun
zinger. Henry D. Pun and others are on the
black list. Th-»*» men stand ready and will
ing to tight th»» Tammany organization at any
time. The signs indicate that this Tammany
opposition from Democrats is about to or
ganize under some sterling Democrat IS *
leader. The signs are also that this attack
from without will be followed by a rupture with
in, with Croher fighting for control of his own
organization, while harassed from outside.
Tammany men had little lo say yesterday
about the election. "Sixteen to 1 did it." they
said. It is known thai Crnker had only one ob
ject In this campaign, and that was to make a
good showing in the county. He now says that
he has done so. but the small showing for
Stanchfleld in this county makes his claim
: ridiculous, and he stands before the city and
his own following as a discredited leader, both
!in the city and the State While Tammany men
won't talk for publication, in private conversa
tion they speak bitterly about Croker. Many
say that unless there ■ some kind of reoreanl
zatlon. and a m v leader. Tuna will be
driven out of power in .he city next year. Dis
satisfaction with Croker has ben held In abey
ance until the present largely because nearly
every leader In the organization holds a city
job, and any murmur that reached the ear of the
Boss would mean Instant reprisal in the way of
political decapitation. As the Mayoralty cam
paign approaches, however, the men who de
pend upon these offices fo» a living will probably
j try to deprive Croker el the power to make
I Tammany victory impossible: for if Tammany
i loses they will have to go to work. The day
after election always finds hundreds of Tam
many men and also hundreds of up-State Demo
crats deeply incensed at Croker. But this year
the hatred is deeper and more general. He is
held by hundreds and thousands of Democrats
in th*» State and out of it personally responsible
for the defeat of Bryan in several close States
where the Influence of Croker's vtrJa has turned
the tide against Bryan.
THE MENACE HE FEARS.
It is true, however, that Croker can bear con*
demnation from outside Tammany Hall with
equanimity, but it is discord within his ma*

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