Newspaper Page Text
mrA interest on th* loan was to.be guaranteed
by the customs. Fiscal agents, appointed by
this bank were to be installed in all custom
houses and were themselves to collect the in
terest on the loan. If at any time the customs
receipts were insufficient to meet this interest,
the government undertook to make good the
deficiency out of other revenues.
It was considered essential to learn the atti
tude of the United States. While final steps
were being taken the crisis became acute. At
unofficial effort was then made to gain the
good . offices of the United States in order to
procure for Venezuela a slight extension of
time. The final arrangements were cabled from
London to President Castro, and were ready
Tor presentation to the Foreign Office, pending
President Castro's reply, when the news of the
presentation of the ultimatum was received.
The plan by no means has been given up,
though, of course, all negotiations are at pres
ent at a standstill. Unless matters go to fur
• ther extremities in Venezuela, a settlement on
some such basis as the foregoing is Still possi
ble. The British and German creditors of
Venezuela must eventually rely on some finan
cial arrangement as the only method of getting
lack their money.
THREATEN TO BOMBARD
Foreign Residents Leaving Porto
London. Dec. 13.— A dispatch to "The Daily
Mail" from VTillemstad. Curacoa, dated Deeem
kcr DL rays that the foreign residents of Porto
are taking refuge on board the Ger
man cruiser Vineta and the British cruiser
Ariadne, and that these vessels are threatening
to bombard the port.
PREPARATIONS FOR WAR.
Government Removes Coal and Railroad
Cars from La Guayra.
Caracas, Dec 11. — government ha* taken
preservative measures at La Guayra. All the
coal at the naw yard and all the British cars
en the La Guayra Railroad have been brought
here, rendering impossible the transportation of
the allied troops by rail. General Ferrer, the
Minister of War, spent all to-day selecting the
place in the mountains where trenches are to be
The Governor of Caracas has Issued the fol
All Venezuelans living In the federal district
between the ages of eighteen and fifty years
must enroll themselves in the militia. Any such
persons refusing to enroll voluntarily, as patri
otism demands, will be declared a traitor, and
pent before the tribunal-
Yesterday, after a long conference with Presi
dent Castro. T T nited States Minister Bowen ob
tained an order for the liberation of the remain -
Ing British and German subjects who were held
prisoners, and an hour later all -were released.
Minister Bowen and Mr. Russell, Secretary of
legation, went to the jail five times and as
sisted the poor colored British subjects and
those who were ill. The order for the release
of the prisoners has made a good impression,
and is considered a politic act on the part of
Every one In Caracas believes the situation to
be desperate, and that war threatens, unless
Minister Bowen succeeds in having the matters
In dispute submitted to arbitration.
RUSHING LA GUAYRA'S DEFENCES.
La Guayra, Dec. 12.— The defensive prepara
tion? ax the Ftratepic points on the heights back
of the town are being - igorously pushed for
ward. The powder in the fortresses of Lavigia
find San Carlos has been removed. Great patri
otic d< monptrations are h*»ing made, and every
on* uapal.le of bearing arms is offering his eer
\ toes. Tlif embargo placed on the harbor cor
pctmtfon bu be^n removed.
NO ORDERS TO SINK VESSELS.
The English Equally Responsible. Anyway,
the Germans Say.
Berlin. Dec. 12.— As the result of fresh in
quiries regarding the reported sinking of Venez
uelan vessels off La Guayra. it is learned that
the orders given to the German and British
. ■■•minandc-rs were to capture the vessels before
!:iug the blockade. No orders were given
to rtak them If. however, any vessel has been
sunk, this, it is said, was a military measure
necessary in carrying out the foregoing orders.
No report has yet been received from Com
m< dore Scheder. the German commander. Only
a report from Herr yon Pilgrim-Baltazzl had
reached here on this subject up to 6 p. m. to
r.'iv. it was as follows:
Four Venezuelan vessels captured. One of
th>m disabled. Two German vessels, the Vlneta
an i the Panther, and one English, the Resolu
tion (Retribution.*, participated in the seizure.
Tne Foreign OnVe here refuses to believe that
the vessels were sunk, and will not credit the
r port until confirmatory news is received offi
cially from the German representatives on the
*pot." At any rate, it is added, if the vessels
were sunk, ii was the result or the joint action
of both squadrons and in consequence of re
Nothing is known at the Foreign Office of the
imported seizure- of the French steamer Ossun.
The German cruiser Falke's going to Porto
fahrtfa is understood to be for the same pur
pose as the operations at La Guayra. If. as re
ported, ■ British coilier was seized by the Ven
ezuelans at Porto Cabello. the Falke may land
marines and retake her. The naval orders pub
lished In Hm~ report the German schoolship
Sti^sch as sailing from Curagoa yesterday for
The newspapers, which have been absorbed
for weeks in the political broils in the Reichstag,
now publish lengthy editorials on the Venez
uelan situation. They generally treat President
Castro's proceedings lightly, and ridicule the
disproportion of officers to men in the Ven
ezuelan army. The papers which treat the sub
ject more seriously say that, no matter how un
pleasant the Venezuelan business is growing, it
must be seen through, for it would be impossi
ble otherwise for Germans to protect 6 *"
concerns in that country. It is added that with
out Great Britain's participation tbe game
would not be worth the risk of incurring the ill
will of the United States. All the newspapers
having government leanings are careful to bring
out that thanks are due to the United States for
its resolute protection, through Minister Bowen.
of German and British subjects at Caracas.
Throughout the official press there appear in
spired reAffirmatlons of the statement that Ger
many does not Intend the slightest infringement
cf •'•- Monrce Doctrine as defined at ■Washing
ENGLAND DENIES RESPONSIBILITY.
London. Dec. 12— The British Government
disclaims responsibility for the sinking of the
Venezuelan vessels off La Guayra, which It
■ 'y to the German forces.
EUROPE WILL NOT INTERVENE.
Paris. Dec. 12.— A Foreign Office official said
to-day that no exchange of views had occurred
between the European powers concerning, the
Venezuelan situation, and no such exchange
was intended, as it was definitely held that the
affair was one In which the United States
should be left free to take the initiative la
mediation. This statement was called out by
the suggestion of the "Temps" that it was time
*-: Europe to speak in the interest of universal
The release cf the French steamer Ossun,
Etlzed by the Germans at La Guayra, has not
yet been reported to the Foreign Office,' but the
officials accept the unofficial reports of her re
lease, thus relieving the incident of it* gravity.
Alter an exchange of cable messages it has
been agreed to appoint a distinguished Spanish
Jurist as referee In the Franco- Venezuelan ar
bitration. His name will not be announced un
til the arbitrators assemble at Caracas.
MR. BOWEJT'S WORK FOR PRISONERS.
London, Dec 12.— The Foreign Office has pub
lished two of Minister Bowen's dispatches,
which were communicated by the ' State De
partment at. Washington to Ambassador Her-
If EN WHO ARE MENTIONED TO SUCCEED COMMISSIONER PARTRIDGE.
MAJOR F. H. E. EBSTEIN.
Bert, and were received by th* Foreign Office
last night. They relate to the attack on the
German legation at Caracas and give Mr. Bow
en's steps to obtain the release of the fifty-four
German and British subjects arrested in Car
acas, and the announcement that all the per
sons apprehended had been released.
The first dispatch, dated Caracas, December
10. Is as follows:
The German legation was attacked last night
by a mob. I went at once to the Governor and
obtained police protection for the German and
British legations and the promise that no fur
ther attacKs by mobs would be made. I visited
the police station this morning and talked with
all the prisoners, who number fifty-four in all.
forty-four Germans and ten Britishers. Some
of these prisoners wf-re so poor that I had to
gtve them money to buy food, and four of them
were ill I expect to get them liberated Within
an hour. All British and German subjects in
Venezuela. I understand, were arrested last
evening. I Fhail see the President and urge
him to release them to-day.
The second dispatch is dated Caracas, Decem
ber 11, and says:
The President Informs me that he. has re
leased all the German and British subjects who
HOXOR MIST BE UPHELD
German Public Opinion Unanimous
in Support qf the Goirrnmcnf.
Tho TCew-Tocfcer Staats-Zeitung" prints thin
morning th« following special dispatch from its
Berlin. Dec. 12.— Public opinion In all parts of
the empire Is coming to a focus to-day on the
demand that the German Empire must, under
all circumstances, obtain its right?, and absolute
confidence is felt that the Emperor and the gov
ernment will maintain this position, whatever
may happen. The attitude of indifference on
the Venezuelan question on the part of the great
majority of citizens has changed. The impu
dence of President Castro in defying all inter
national law by ordering the Imprisonment of
German officials and German subjects has
opened the eyes of the public. Now there is a
universal call for the preservation of the na
The sudden joint action with England was a
big surprise. Most pejple were Inclined not to
trust this sudden harmony. They thought, or
feared, that England might back out after using
Germany's assistance to her own advantage.
This fear, however, is baseless. I called at the
British Embassy to-day and an official said to
me: "England will under all circumstances act
jointly with Germany, even if President Castro
should satisfy the English claims without meet
ing the German claims at the fame time."
But of greater importance is the question
heard everywhere: What is the government at
Washington going to do; will the jingoes there
force the administration into an unfriendly at
titude toward Germany? Pessimists are already
noticing that Washington disapproves the steps
taken by Germany and England, and they are
asking if the Jingoes, should more drastic meas
ures be necessary against Castro, would be able
to convince public opinion In the United States
that Germany intended to wage war against
Venezuela to acquire territory. In official cir
cles the situation is not seen In that light. The
statement that Germany has given to the gov
ernment at Washington the plainest and most
sincere assurances in regard to its purposes in
Venezuela is reaffirmed. Official circles add that
thanks are due to Minister Bowen for hl»
prompt intervention, and this intervention is
considered as proof that Washington has ac
cepted the plain and sincere declaration of Ger
many in the same plain and sincere spirit.
I was informed to-day at the Foreign Office,
that at present the most important task is to
compel President Castro to observe the rights
The three small cruisers. Ariadne, Amazone
and Nlobe are held in readiness at Kiel to sail
at once for Venezuela.
Secretary Hay Submits Castro's Offer
to Great Britain and Germany.
Washington. Dec 12.— A cable dispatch re
ceived at the State Department to-day from
Minister Bowen, at Caracas, says that the
Venezuelan Government has requested him U>
propose to Great Britain and Germany that the
difficulties arising out of the claims for alleged
damages and injuries to British and German
subjects in the civil war be submitted to arbi
In conformity with the underttanding already
reached with the representatives of the British
and German governments here, this proposition
from President Castro has been laid before
those governments, the State Department act
ing merely as a channel of communication. Not
much hope is entertained of the favorable re
ception of the proposition, as it is felt that the
difficulty has gone too far for a settlement by
the peaceful methods of arbitration. The re
prisals made by the Venezuelans for the de
struction of their navy, in the seizure of British
ships and the arrest of German and British
subjects, have practically changed the relations
between the countries into those of. real war,
although technically the principals prefer to
•i^signate it as something el?e.
CONSIDERED BY THE CABINET
At the meeting of the Cabinet Secretary Hay
brought up several matters of Importance, the
chief of which was the situation in Venezuela
Cable dispatches received from Minister Bowen,
at Caracas, were read. The request oi' President
Castro that Minister Bowen act a 6 an inter
mediary between Venezuela and Great Britain
and Germany in an effort to have the difficulty
submitted to arbitration was received with fa
vor, although doubt was expressed whether
Great Britain ar.d Germany would accept a
proopsal of arbitration at this stage of the
"vVhen Secretary Hay left th" Cabinet meeting
the British and German embassk-s were placed
iv possession of the news from Venezuela, and
it was immediately sent to Berlin and London.
It is probable that replies will be received soon
and will be t-ent by the State Department to
Minister Bowen, who will inform President
Castro of the result.
ARBITRATION NOT LIKELY
The State Department is billing to go to any
reasonable length to settle the difficulty in
Venezuela in any manner honorable and satis
factory to all parties. Secretary Hay therefore
replied to Mr Bowen'.' dispatch authorizing him,
!n Ms discretion, to use his good offices to secure
arbitration. He was, however, made to under
stand that in the arbitration, if one should fol
*EW-YOBK DAILY TRIBUNE. SATURDAY, DECEMBER_I3^9O2.
MAJOR 3. M. WOODBt'RT.
(Photograph by Davis &• Banf ord.)
low, he would represent, not the government of
the United States, but that of Venezuela at its
request. It is realized that the outcome is
doubtful, and the way Is beset with difficulties.
If the claims against Venezuela were only those
of Great Brftain and Germany, the adjustment
might be easier, but France and Italy, the
United States and perhaps other nations also
have claims, and they cannot accept any ar
rangement Great Britain and Germany might
force on Venezuela which would deprive- them
of their rights.
THINK PROPOSAL COMES TOO LATE.
London. Dec. 13.— The Venezuelan crisis is re
garded less seriously here this morning. Lord
Lansdowne's speech is held to show that the
situation is in no way alarming, and, though the
opinion is expressed that President Castro's
reported request for arbitration has come too
late, this step on his part Is welcomed as a
proof of his anxiety to withdraw from his po
sition. The morning newspapers express various
opinions as to the arbitration proposals, but
there Is a general agreement that if, by a guar
antee made by the United States or other means,
Venezuela could be bound to carry out an
award, no reason exists why Great Britain
should refuse to consent to arbitration. It is
believed, however, that neither Great Britain
nor Germany is likely to accept the arbitration
A SURPLUS OF REVOLUTIONS.
Lord Lansdowne Thinks That Venezuela In
dulges in Them Too Freely.
London. Dec 12.— Foreign Secretary Lans
downe was the principal guest at the annual
dinner to-night of the United Club. In a speech
of considerable iength he touched on the most
prominent topics of the day. He said he did
not believe that in any part of the world was
Great Britain open to the charge of bearing in
veterate antipathy to any one, not even to
"If that republic." said Lord Lansdowne.
"would desist from committing outrages on
British subjects and British property. If she
would pay her just debts, and if she would re
ply to the diplomatic representations made her
in perfectly courteous language there would be
no need whatever of any quarrel.
"I might add that Venezuela should be con
tent to put her6«.'lf on a moderate allowance
In the matter of revolutions. In teM than sev
enty year* Venezuela has indulged in th<- luxury
of l(h revolutions. Three revolutions in two
years seems to me to be altogether unreason
able. I am glad to say that in Venezuelan
waters, at this moment. German and British
warships and sailors are acting side by side In
enforcing the just demands of these two pow
Lord Lansdowne said that In Somaliland the
Italian Government was giving Great Britain
invaluable facilities In thft conduct of opera
tions, and that he hoped soon to dispose of the
difficulties created by the Mad Muliah. Con
cerning Ireland he said that the condition of
that country might be regarded to-day with
legs misgiving than at any tim« for many years.
Home rule had receded further into the back
ground than at any time within his recollec
LEE SCENTS WAR.
The General Declares Sentiment
Lost Cuba to This Country.
General Fitzhugh Lev. in an address before sev
eral hundred members of the P.-ltria Club, in the
Assembly Hall in the Hotel Savoy, declared last
night that If the United States had not "sacrificed
wisdom for sentiment we would own Cuba to-day."
He also declared that the country needed a larger
■navy, to protect American commerce In the Far
East and elsewhere, and predicted another 'war
within a year. He retold the stories of his ser
vices in Cuba, and related how ho saved General
Funston from death there, and helped carry him
through a subterranean passage leading from his
office to the river front, and then to a steamer
bound for this city. He told of attempts to as
sassinate him while he was Consul General In
Cuba, and who was really reasponsible, in his
opinion, for the blowing up of the Maine. He said
I want to say here, and for all time, that Oen
cjal Blunc-u and hits officers had no more to do with
the blowing up of the Maine than had the people of
N'-w-York City. It la my belief that BOdM of the
voting officers "left In the arsenal by General \\ eyier
blew up the Maine. It «U they. I am sure, who
planted the mine that sent the Maine to its de
CASTRO MAY STAGGER HUMANITY.
So Says Dr. Schurman at Dinner for General
Major General Adim R. Chaffee. U. S. A., in com
mand of the Department of the East, was the guest
last night at a dinner given in his honor by the
Union League Club. Brooklyn. He was Introduced
by Colonel Hibbert B. Masters, president of the
club and toastmaster, as "one of the greatest sol
diers of the age." General Chaffee spoke of his
I march to Peking and the occupation of the Chinese
capital. Then he referred briefly to his experience
as commander of the army in the Philippines. He
gave examples of the peace negotiations there,
showing that the native leaders were more anxious
to advance their own interests than they were to
end the war. *
President Jacob Gould Schurman of Cornell Uni
versity, the next speaker, paid a high tribute to
the leaders of the army in the Philippines.
"The present and future," he added, "are big
with problems. The work cf the army is done, that
of the civilian has just begun. We have had no
bigger problem since the Civil War. ' The work Is
difficult because we had no foundations there. Wo
must give those people civil and religious govern
ment and home rule, and train them to use the
gifts we give them. The roost we can do is to
put them on their feet and give them favorable
circumstances. In the future we will either al
low them a government of their own or they will
I ask to be admitted as partners with us in State
"How about Castro?" ejaculated one of the
"Castro may yet wage a war that will stagger
! humanity, as another little nation has done," re
l plied . President Schurman. "The rights of little
i nations are not to be disparaged. They can be
I governed by themselves better than any other na
j tion can govern them."
TO SELL PROPERTY FOR TAXES. •
Mineola, Long Island, Dec. 12.— Property in
Nassau County to the va'ue of about $100,000 is ad
vertised to be sole" for unpaid taxes on January
, 15. Much of this property is owned by wealthy
I New-Yorkers who have summer places In this
j coutfty. Considerable of th« property 'is along the
j .waterfront at Far Rockaway. The sale is to be
made under the new law which provides that after
■ twelve months an absolute title to the property
shall be given to the purchaser unless the property
is redeemed by the payment of 10 per cent interest.
In the last few days there has been an unusual
rush of delinquents to the office of County Treas
urer Charles F. Lewis, in Mineola. to pay their
taxes. Many speculators from Manhattan have
been Inquiring about the sale. on the 15th. and they
, hay« looked over much of the. property to be soli.
CAPTAIN A. R. PIPER.
iTontlnnrd from r»Kf 1»1
and was just leaving his office when this in
terview took place.
"Are you golne away?" was asked.
■'I have no plans at the present time.
He then said he had two engagements later
in the day. and would probably not return to tne
Captain Norton Goddard called on Commis
sioner Partridge yesterday, and when asked if
there was a chance of his being the colonel s
"I have had no Intimation that I am to be con
sidered. Speaking as an individual, I feel that
Commissioner Partridge has worked under ad
verse circumstances, and that Mayor Low will
not be able to find a man to take his place who
| will serve him better than Commissioner Part
! ridge has done.
"He was compelled to handle the situation 111
a way not popular wifh the people, nor for the
best interests of the department."
Captain Goddard called on Commissioner
Partridge to tell him that hi? views were not
embodied in the action taken by the City Club
against the police department.
A committee representing the City Club was
on its way to the Mayor's office with a letter
demanding the retirement of Colonel Partridge
when the delegation heard of the resignation of
the commissioner. The committee tniiudei
Wheeler H. Peckham, Oswald Garrison \\\
lard, the Rev. Thomas R. Slicer, Charles How
ard Strong and Adolphe Openhym.
CITY CLUB TO HELP.
From ft representative of the City Club It
was learned that the club was now ready to
assist any commissioner whom Mayor Low ap
points with sufficient energy and vigor to effect
a real organization of the Police Department.
Street Cleaning Commissioner Woodbury's
friends are conliclent that the Police Commt?
sionership will be offered to him. although, other
things being equal, the Mayor would like to give
it to a Republican. Dr. W<x>dbury's friends say
that, although the chances of making a failure
of a one year's administration are great, the
major is the kind of a man who, even in that
short time, would produce satisfactory results.
There have been three changes in Mayor
Low's cabinet since the first of the year. The
first to resign was J. Hampden Dougherty, Com
missioner of Water Supply. Gas and Electricity.
After htm came Deputy Police Commissioner
Thurston. Colonel Partridge to No. 3, and it
would not surprise those enjoying the Mayor's
confidence if Commissioner Stufgis of the Fire
Department turned in his resignation in a short
William S. Devery. former Chief of Police,
says he "ain't throwin' no rocks" in comment
ing on Colonel Partridge's resignation.
"That's a tough proposition the old man was
up against," said "Bill" last night at the Four
Corners Club. "An' so he resigned, did he?
Well, it Ictnder srems resignin' has got to be the
habit of this administration. But I ain't got no
comments to make. I've been out of the depart
ment so long that it all seems like a dream to
me. I had troubles of my own in there, and
any on* that lakes that job will have plenty of
trouble It's a hard place."
C. U. ON THE POLICE DEPARTMENT.
Acknowledges Colonel Partridge's Honesty,
but Says He Has Failed.
R. Fulton Cutting, chairman of the city com
mittee of the Citizens Union, last evening, gave
out the following open letter. to the public:
To th" Public:
It. cannot be 100 strongly emphasized that the
fi; of tbe y.'ijr of tin- administration now ilraw
it o a dose has been generally marked by re
.-!.. m bo gratifying as to encourage the prospects
of the gootl government of this community, yet
In some respects It has fallen short of our expecta
tions. It is th« habit of mind of our fellow citi
zens in passing judgment upon successive admin
istration." to m.-ißnily their errors and minimize
their virtues. This administration will be meas
ured by the same standard.
On November "I the Citizens Union issued a
statement showing tl»- results ot Its investiga
tions Into th« conduct of the various city depart
ments. In that statement it referred to the gen
eral disappointment with the Police Department.
Tho Citizens Union, therefore, ventures to call atten
tion to BOrne features of the administration which
have occasioned widespread popular disappointment.
The prevalence of vice and crim-\ the glaring of
fences against decency and lor. and the con
nection of the members of th© police force with
Illicit lmslnt'ss that characterized the last admin
istration nave not been adequately diminished. It
I* upon tho Police Department that the attention
of tbe citizens is concentrated. At th* election of
1901 tbe Indignation aroused by Deverytem was the
main factor In tho overthrow of tbe organization
then In power, and the people demand of its chosen
administration a radical and drastic handling of
thin branch of the city's service.
The removal of the abuses of a department which
for years baa been believed to nave been engaged
In systematic corruption Is a gigantic task, and the
creation of a new standard of duty In the depart
ment even a greater one. That Colonel Partridge
baa faithfully and honestly strlved to accomplish
these purposes admits of no Question, it la, how
ever. in our Judgment, equally certain that the
measure of success that has attended his efforts
has been wholly Insufficient.
During the- year, through the employment of de
tectives by Us committee of complaint, the Citi
zens Union has endeavored to co-operate with the
Police Department, and has brought to the atten
tion of the Commissioner evidence of misconduct
of his subordinates. It has gained a fairly exten
sive knowledge of the condition of the force, of the
regulation of vice. In this city, and its information
Kails It to the conclusion that the popular criticism
of the work of the department Is well founded.
The union is lully awsr« of tho tremendous dif
ficulties that surrounded Colonel Partridge, and
recognized his earnest efforts to overcome them,
but the fact remains that after twelve montfcs of
his commisstonership the police force Is practically
impotent and unwilling to detect violations of the
law. The county detectives of the District Attor
ney's olllce and employes of the Citizens Union
find no difficulty in discovering the existence of
Illegal resorts, but the detective bureau of the
Police Department does. • It Is Indisputable that
no material change for the better in police service
can be effected until this suspicious incapacity is
corrected The conduct of the. Police Department Is
not a question of utility. It is one of morals, and
th.- ethics of the movement that placed In power
the present administration demand a heroic pol
icy in the Police Department. We earnestly hope
that the Mayor will find a man whose conduct in
this office will express such a vivid intensity of
purpose in battling with corruption that the de
partment will regain the confidence and co-opera
tion of the public.
The Civil Service Commission Is another depart
ment of the city government which demands at
tention. "Not so much In the popular eye or as well
understood as other departments, the fact is that
upon this commission largely depends the question
of enlightened and efficient service In every de
partment In a word, the prime duty of the com
mission Us to provide without delay an honest eli
gible list as a result of fair, sensible examinations
In which the questions are propounded and the
answers tested by men of expert skill in the par
ticular Held of the examination.
Inquiry of the heads of the departments leads
the union to question whether tho present commis
sion is discharging this duty as It should. There is
no doubt of the high and honorable purpose of the
commission, and it is quite likely that the trouble
lies in the present methods of the constitution.
The present commission seems unwieldy and in
accessible We respectfully urge upon the Mayor
an inquiry to determine whether a new commis
sion of three well paid members who would and
could devote all their time to this work would
not place this department upon a plane of greater
MAY ABSORB YONKERS BRANCH.
Possible Suburban Addition to the Inter
It uas rumored yesterday that the Inter
borough Rapid Transit Company was negotiat
ing with the New-York Central Railroad for the
lease of the Yonkers branch of the Putnam
division of the New-York Central road to use as
a suburban line to Yonkers. Such a lease would
enable the Interborough company, by connect
ing Its terminal station just above Kingsbridge
with the Yonkers branch, to utilize the leased
line for suburban travel independently of the
main line of the Putnam division, and would
greatly aid the Interborough company In its
supposed purpose to supply the needs of this
The Yonkers branch, it is said, plays an unim
portant part in the New- York Central system.
It branches off at Van Cortlandt Park, above
Kingsbridge. and runs to a terminal In Yonkers.
It is likely that such a tease as proposed would
take in the" tracks from the Manhattan terminal
to Yonkers. and possibly some of the other di
visions that run through a thickly settled sub
Officials of the road yesterday refused to admit
that such a lease was to be given. August Bel
mont, of the Interborough company, refused to
discuss the report, and Vice-President Brown
of the Xew-York Central Railroad ajid officials
of the Manhattan Railway denied that they
hail any knowledge of the negotiations.
r* /yjM f "' This signature is on every box ot tbe genuine
(S V^j/zl«^ Ji- Laxative Bronio-Quinine
>** '» A^TTVt^ttoitßedy tut cores • cold la «w day.
After a winter outing northing Is so refreshing as |
— me Perfect Winter Food. 1
Served with warm cream or warm milk. I
-WE SAVE YOUR FUEL. I
-WE SAVE YOU TIME. |
-WE SAVE YOU MONEY. |
We scientifically prepare, thoroughly cook, mechanically malt i
and toast whole wheat flakes— the most delicious, appetizing |
cereal food known to man. g
*iqaltan?ita - Ort « lU
In winter serve with warm milk or cream. |
V Wholesome for old and young, sick and well. AH Grocers. f
Mountain Climbing in America
la the title of an interesting account of an Ascent of Mount FreshSeld
and Mount Lyell in the Canadian Rockies, which
WILL APPEAR IN TO-DAYS ISSUE OF
m West ffaentng $ost.
Order from your newsdealer.
3 PRICE DAILY *3 __x
CentS. AND SATURDAY O CdITS.
STOCK MARKET CLOSES STRONG.
Final Prices, as a Rule, Substantially Above
Thursday's Last Figures.
After two days of depression and gloom the
stock market yesterday afternoon became strong
and buoyant, and closed with prices, as a rule,
substantially above Thursdays final figures.
The opening was unpropltious enough, for the
earliest rate for call money was 9 per cent, and
prices began to go down from the start. Th<»
heaviest liquidation appeared to be In Southern
Pacific. St. Paul and United States Steel, the
selling in the first two stocks being ascribed to
a prominent firm which has this week closed
out a very large line of stocks. Call money soon
rose to 1- per cent. Its advance, with the possi
bility of a. still higher rate, producing a further
flood of liquidation, under which prices crumbled
rapidly, many stocks touching levels lower than
at any previous time this year. United States
Steel common, for example, sold down to 29%.
and the preferred to 79. Union Pacific touched
03V.; Southern Pacific, 50: Virginia-Carolina
Chemical. 54; American Grass Twine, 27. a de
cline of 7 points from Thursday's closing price;
Delaware and Hudson, 153 V* and Erie, 2S?i.
But a little before noon, when prices were
at their lowest, the National Park Bank put
out on call $3,000,000 at 6 per cent, a move
which did much to revive confidence, as the
Park Bank has the largest out-of-town business
of any local bank, and the Inference was gen
erally drawn that the money It was lending had
come from the interior. It was learned, too,
that during the present week about $4,000,000
had been received from interior points by New-
York banks, and the Belief became general
that at last the long drain of funds had ceased
and the return flow had begun. At just
about the time the call money rate was low
ered by the Park Bank's action enormous buy
ing orders were sent into the market by various
powerful Interests, and there started an ad
vance which continued with few interruptions
until the close, gains of three to four points
from the lowest being general, and the market
closing at or close to the highest of the day.
and in many instances well above the last
prices of the preceding day. The advance was
aided by the growing belief that the bank state
ment to-day would make a much more favor
able showing than was made last Saturday,
reflecting the very heavy loan contraction
which must have occurred since "Wednesday
noon, and the receipt of large sums from the
interior, offsetting in an important degree the
losses of the banks to the Sub-Treasury.
TREASURY AND MONEY MARKET.
Slight Relief May Be Afforded if the
Stringency Becomes Worse.
(BT TET.EiiBAFH TO THE TRIRCNS ]
Washington, Dec. 12. — Secretary Shaw will
not discuss the financial situation in New-York,
nor will he say anything about the posslbiiity
of the Treasury Department taking action to
relieve the stringency. The general disposition
in the Treasury Department is to keep hands
off on the ground that there is little if any
thing the department can do, and on the
further ground that New-York financiers have
only themselves to blame for their present diffi
culties, as they knew well that large amounts
of cash would be required for interest payments,
dividends and annual settlements at the begin
ning of the new year, and that the Treasury
Department had about exhausted Its power to
render effective assistance
If the situation should become much ■wors»
than at present H is possible that the Treastirv
Departmen l ' might slightly increas? the de
posits of government money in the depositor
banks, but such increased deposits would neces
sarily be small, for the reason that the present
deposits amount to $149.203,Ci83, including
amounts to the credit of disbursing officer?,
leaving only J.'.T/MVt.t'X'x* as a working balance
in the Treasury The department would be
reluctant to reduce this balance below SaO.OOO.-
GOO in any emergency. The smallness of the
working balan.-ft also precludes the possibility
of bond purchases, and if any relief whatever
is afforded it will probably be on a .-ompara
tively small scale.
THREE PRIZES FOR CHILDREN.
See Children* Page, -which will also con
tain stortt- n, pussies, comic picture*, etc.. in
American Express Company
ANGLO-AMERICAN PARCEL POST.
The American Express Company having
FORWARDING AGENT l
within the United States
BRITISH POST OFFICE DEPARTMENT
is prepared to handle parcels of 1 1 lbs. or
less under the British Parcel Post System to
and from all points in Great Britain and Ireland
Including the Channel Islands and Lsle of Man,
also to or from all points in the following
countries beyond Great Britain: —
AfSTRIA-HUNGARX. GREECE. s
BELGIUM. HAWAII. . I
BOSNIA - HERZEGOVINA HOLLAND.
(including S«nd»chak Novt- DUTCH COLONIES.
bazar). ITALY (includinc san !£*•
BRITISH COLONIES and rtno). .
Possessions (Including ITALIAN COLONY.
Bunder Abbas. Buahire. JAPAN <iEcluoln« FonnflJ*).
Jask and Ling*, in Persia. LIBERIA.
whsre there are Indian LUXEMBURG
Postofiice AS»ncies>. ex- MONTENEGRO.
eluding Bahamas. Ber- MOROCCO.
muda. British Guiana. NORWAY-
British Honduras. British PERSIA :..!:-* Basis?
West Indies. Canada. Abbas. Bushire. '•*'< and
Falkland Islands and New Lima. where ther» *•
Fouodlend. Indian P « r:!:e Agenda.
••HIS PORTUGUESE COLOJ.TE3.
CONGO FREE STATE. ROU MANIA. _^
COREA. Rl's?.«lA (including Flnlandk
DENMARK (including the SWITZERLAND.
Faroe Islands. Iceland and SERVIA.
Greenland). SIAM (Bangkok. Ch!«n?=at.
EGYPT (Including th» Lam^ang. Pa.-lcnaajp^i
Egyptian Soudan). <Nakon ?awaa) and B«-
FRANCE (Including Mon- hens •--.:;
p-RFN'CH COLONIES. SWEDEN.
GERMANY. TRIPOLI (AfricaJ. .^ • :-" : ;
GERMAN PROTECTO- TTNIS. . T
BATES and Forelua Pos- TURKEY. ;XtJB
Parcels to be sent Eastward by the Anjlo*
American Parcel Post must be so marksi
when delivered to this Company, or if sent
from points at which this Company is net
directly represented, th» parcel must be
marked to "Care of American Express Com
pany, 65 Broadway, New York, for Anglo.
American Parcel Post."
For rates and conditions on which seen
business is handled, or for further informa
tion, apply to .Manager. Foreign Department
of Company. 65 Broadway, New York, or to
any office of the Company.
Shirts for everybody — they're
Cluett- Peabody shirts —
Cluett, Monarch — another
way of saying good shirts,
that fit; for all sorts of occa
sions, from business to full
dress. See them where you
do your buying.
Cluett shirts, $1.50 up.
Monarch shirts, $ 1 each.
Cluett, Peabodv & Co.
When Your Wife's
Digestion *«*•»* Beyond Repair
Fermentation. Acldttj-. ''Gsses. Distress after E^U l *
Excess of Mucus. General Debility.
the Wonderful Maasranese "* v * ter i-~^»
■nd your troubles ■»!:'. t>a ended. LT.:*- ura. -»
M*in Depot. 13 Stcsa st. Send for Booker.
COWS ASD OIEX THAT DO TRICK*.
Th* hobby of Edward O. Spooner. •>< *****
Bedford, Mass.. which Is the training of e«*
and oxen to do various tricks and • ton ~
Photo of Mr. <ipoonrr In the act In to-»° "
row** Tribune. " "