fVr-, -j i-.j.,,.
"- ----. -tT-Sw
. LOUIS REPUBLIC.
1Sft "DCSI5ESS WASTED" AO
J till were Panted in The Republic
158 MORE than any other St. Louis
newspaper. Pltce your announcements
where they will bo read by tbe masses
9,154 "Help Wanted" Ails
were printed In Tlie Republic last
month. All druggists tako ads for The
( In t. I.onli
ST. LOUIS. MO.. SATURDAY, JULY 25, 1903.
i. One Cent.
J. A. LEE'S ESTIMATE OF HIMSELF AS A SENATORIAL CANDIDATE. !
WALL STREET FIRMS COLLAPSE
UNDER VERY HEAVY DECLINES;
MAY AFFECT JAMES R. KEENE.
(kcru, iZL.S-f" -
TRIP TO THE ORIENT.
TO JEFFERSON CITY.
Daniel J. Kelley Declares Former
Lieutenant Governor Tried to
Hold Up Concern for ?100.UUO.
Grand Jury Stenographer Will Be
Witness at Trial of Frank
W. L. Snow & Co., the First to Make Assignment, Have Dealt Largely
in Mexican Central Securities Which Have Keen Forced to
Uarely One-Third of the Price Prevailing Lust Year Talbot J.
Taylor, Head of the Other Suspended Firm, is a Son-in-Law of
Tamcb R. Keene, and Foxliall I. Keeiie Is His Partner. He Hnd
Keen Concerned in Southern Pacific Pool.
$( x XX A
SET PRICE FOR HIS EXILE.
HAS TESTIMONY OF LEE.
2XV' - J V'itf-ierSr.V
It loola like there was a chance to beat
POPE'S RING DISAPPEARED
FROM HAND OF DEAD PONTIFF.
Ring of tbe Fisherman Taken Sometime Between Dpath antl the Morn
tag Following Disappearance Interferes With Ceremony of Cer
tification of Death Papal Chamberlain Unable to Produce
the King When Proper Time Arrived and Cardinal Oreg
lia Became Greatly Disconcerted Effort to Sup
press the News Proves Futile.
INCIDENT CAUSES TREMENDOUS
raCXAIj BT CABLE TO THE NEW TOTUC
mmTJ) AND THE ST. LOUIS REPUBLIC.
Sams July 24. .Copyright 1S0O.) Every
effort la being made In the Vatican to pre-
rent the news of a regrettable Incident never received the ring-, it "is of course out
from leaking out. I of the question" that the Cardinals could
The ring of the fisherman, which should , uave witnessed Its destruction,
have been found on the hand of the Pope. The disappearance of the ring has caused
has disappeared. It ia not so much a a tremendous sensaUon at the Vatican,
question of Its material or of its Intrinsic where it is the sole subject .of conver
ralue, for the.rlng of the fisherman is used ration.
to seal the' papal bulls and Is the outward I In the meantime in the certificate of death
sign of the authority of the Pope.
When the Cardinal Camerllngo certifies
the death .of a Pope he receives the ring
of the fisherman from the Chamberlain of
his. Holiness. , It Is then destroyed in the
presence of aU the Cardinals at the first
meeting of the Sacred College held after
the Pope's death. I
But when Cardinal Oreglia., the present
Camerllngo. certified to the death of Leo
XIH Mgr. Blslettl was a prey to the deep
est despair and had to admit that the ring
had disappeared. X
Cardinal Oreglia, as is the custom, had
brought his declaration of having received
the ring from the Papal Chamberlain, all
written out. hut he had to put'it back Into
It la believed by many that tho ring was
stolen. If so the theft must have taken
place between the death of tb Pope and
the morning of the following day, when
Cardinal Oreglia officially certified to his
death. During this time a large number of
persons entered the death chamber.
In order to prevent the scandal becoming1
know outside the Vatican, the Ospevatore
Romano, the official organ of the Vatican,
published a statement that Cardinal Oreg-
POEM DICTATED BY POPE ON DEATH BED.
Haw York, July M-Pope Leo's last poem was written in Latin after his Illness and
translated by Professor Harry Thurston Peck for the Independent It follows:
teo, the destined hour! Now must thou hence,
And, as thy merits, take the endles9 way.
What lot awaits thee? Heavenly joy, thy gifts
Which God had freely givenen, bade thee hope
But the great Keys! A trust of mighty weight
And borne so long thon groanest at the thought;
For he who leads in honor all the rest,
Must, if he fail, the keener suffering bear.
Amid thy fears there comes a gentle face,
A gentler voice speaks comfort to the heart:
"Why does fear shake thee? Why, on gazing back,
O'er thy long past, should sadness stir thy soul?
The pitying Christ is here: He giveB his grace
To those that seek. Have faith He heareth all."
LEADING TOPICS IN
THE SUN RISES THIS MORNING AT
4:S4 AND PETS THIS EVENING AT 7:17.
THE MOON SETS THIS EVENING AT
GRAIN CLOSED: ST. LOUIS SEPT.
WHEAT 7777Sc ASKED; SEPT. CORN
44C ASKED. CHICAGO-SEPT. WHEAT
76Hc BID: SEPT. CORN COSSSO'ic ASKED.
Probably fair to-dnyi no decided
change In temperature) east to south
east winds. .
For Missouri Fair and warmer Sat
urday and probably Sunday.
1. Says Lee Planned Trip to Orient
2. Protest Change of Lindell's Name.
Juries to Pees on Art Exhibit'
King Edward Sees Dublin Slum Life.
3. Ascended tho Scaffold With Smiles.
Women Shot rrom Ambush.
Governor Dockery Reviews Troops In
4. Fitzkanet Won Brilliant Race.
The Republic Form Chart.
Drivers Fined; Bets Called Oft.
5. Hard Hitting Beat Donovan's Trlbe
Browns Whitewashed Cleveland.
Valet C. F. Jones Said to Be Dead.
School Fund Apportionment '
Excursion Plans Completed.
Missing Cashier Buchanan Charged
Talk for Peace; Prepare for War.
Second Suit Against Daughter.
Council Passes Belcher Water Pipe Line
Extract from a ions letter it
Btone for the Senate fcy putUng Dockery
SENSATION IN THE VATICAN.
lis, had duly received the ring of the fish
erman In presence of the Cardinals and had
Sacred Collate. But as Cardinal Oreglia
of Leo XIII all allusion to receiving tho
rlnc has been suppressed.
Friends of Mgr. Blslettl hope that when
the seals are removed from the cabinets of
the late Pope the ring will be found in
one of them, but very little confidence Is
felt. The ring should never have left the
Pope's hand, and every one denies having
The "fisherman's ring," which is one
of the most highly prized emblems of the
Roman Church, has been lest two or three
U11& in the course of lis long history, bur
has always been recovered.
It Is said to have belonged to St Peter,
but It Is known to have been first used
about tho year 1265.
Tho stone Is of little value, but Is en
graved with a representation of St Pater in
an ancient fishing boat The ring is the
official ring of the investiture of the Pope
and is used by him for the signing of
It Is broken and remade on the death of
each Pontiff, and when presented to the
new head of the church he declares the
name under which he desires to rule, which
name Is thereafter engraved on it
TO - DAY'S REPTBLIG
S. Books of the Week.
Washington Bookbinders Will Not Go
Policemen Use Coats to Save Man's
"Joo the Turk" to Appear at Salvation
Christian Endeavor Topic
Republic "Want" Ads.
Birth, Marriage and Death Records.
Rooms for Rent Adi.
12. East Side News.
Hertel's Nephew Kills HImstrlf.
Weekly Bank Statement
Wheat Steady In Chicago.
13. Announcement of Failures Excites Bro
Securities Low, With Tractions In Lead.
H. Street Car Crashes Into Hose ReeL
Dun's and Bradstreefs Weekly Trade
Opinions of Editors in Faulkner Case.
Typhoid Fever In Kansas City Increas
ing. Augrust Sneels Stabbed.
While Quarreling at the corner of East
Grand avenue and Second street last night,
August Sheels, 17 years old, of No. US East
Grand avenue, was stabbed. Charles Voll
mer, IS years old, of No. 403 East John
street Is' charged with committing the as
sault Sheels was arrested by Officer Man
nebach of the Sixth District and a warrant
will be applied for this morning. Doctor J.
B. Ross of No. 1S0S East Grand avenue at
tended Vollmer and found a wound In his
neck an Inch and a quarter deep and three
quarters of an Inch long, which, the doctor
thinks, may prove fatal.
iltten by John A. Leo to D. J. Kelley.
Nov. Mat. 190.
against him. or by going against him
Rampolla Will Throw Him His
Strength if He Sees He Cannot
Be' Elected Himself.
CONCLAVE OPENS NEXT FRIDAY.
Body of Pope Leo Viewed by
Thirty Thousand More Persons
at St. Peter's Yesterday
Status of Cardinal Gibbons.
Rome. July 14. Interest Is now largely
engrossed with the coming conclave and
Its result. The gossip of the day may be
summed up briefly by saying that Cardinal
Gottl's chances of election seem to have im
proved In comparison with those of other
Cardinals who have been mentioned as
likely to succeed the dead Pontiff, although
there still exists a strong feeling that some
one hitherto scarcely talked of may wear
The nearer the conclave approaches the
more two distinct tendencies are shown in
the Sacred College, especially among thai
Cardinals cf the Curia: that Is to say. those
living, in Rome, but In which tho Cardinals
om1.'"1,c P"'c as well as the foreign
Cardinals, cannot help participating.
These two tendencies spring from the per
sonality of Cardinal Rampolla as the great
struggle continues to be In his favor or
against him. If Rampolla finds that on the
first ballot ha has a considerable number of
votes he will try again. If he has few
votes and one of his opponents many, he
will renounce his chanco, and he and aU
his friends will support first. Cardinal
Gottl, with whom he now has come to some
agreement, and attempt to raise GotU to tbe
supremo office, with Rampolla as an ally.
This would mean the maintenance of
Pope Leo's policy on exactly the same lines
and entrusted to the same men.
RAMPOLLA'S TWENTT-FIVB VOTES.
But Gottl Inspires great distrust because,
as he belongs to the religious orders, he
would render the situation of the papacy
extremely difficult at the present moment.
considering the conditions prevailing In
France, Spain and the Philippines. It seems,
therefore, almost sure that. If at the first
ballot It Is not probable that Gottl can be
successful, this section of the Sacred Col
lege will decide on Cardinal Dl Petro, one
ef Rampolla's most faithful friends.
Rampolla, being a Sicilian, can count on
two Sicilian Cardinals. One of them, how
ever. Cardinal Celesta, a Bishop of Paler
mo, Is so old (almost 90), that his relations
strongly oppose his going to Rome.
For political reasons all Spanish Cardinals
are favorable to Rampolla, besides a dozen
Italians, thus making a total of twenty-five.
But to be elected Pope It Is necessary to
get, all together, over forty votes, as of
the present sixty-four Cardinals not more
than two or three will be absent from the
The anU-Rampol!a tendency has more
prominent candidates, such as Cardinals
Oreglia, Vnnnutelll. SatollI and Agllardi
which will cause difficulty In arriving at an
agreement on any one of them. It Is al
ready foreshadowed that, should the rtic
cess of their opponents be probable, this
group will center all their Totes on Cardinal
Capccelatro, a Bishop of Capua.
THIRTY THOUSAND AT ST. PETER'S.
Again to-day the body of Leo XIII lay In
state in the basilica at St Peter's, and
about 30.C0O persons passed before the cata
falque during the day. This is probably a
slight Increase over the number who viewed
the remains yesterday, and the augmenta
tion was doubtless due to the widely circu
lated reports that to-day would be the last
upon which the public would have an op
portunity of looking upon the body of the
With Impressive ceremonies the body
will be Interred to-morrow evening In a
sarcophagus at St Peter!, wh.inm ...
I main until taken to Its final resting place
ia me cnurcn or bt John Lateran. Italian
soldiers main to-dav Dreserveri nrt in.
I side St Peter's, where there was a repetl-
nuii ui ma oceue ana crowd which occurred
At the meeting of the Congregation to
day Cardinal SatollI aked when the Con
clave would be opened. Cardinal Oreglli
replied that he thought that on the evening
of Friday, the Slat, all the Cardinals might
mter their cells and be ready for the first
meeting of tho Conclave August a week
To-night's Italia sees alleged confirmation
of the story that Cardinal Gibbons had suc
ceeded In transforming Cardinal Richard,
the Archbishop of Paris, Into an opponent of
Cardinal Rampolla, m the alleged fact that
Cardinal Gibbons did not leave Cardinal
Richard while In Paris; that they left to
gether for Rome, traveled together, and
will lodge together at the house of the order
of St Sulplce.
As a matter of fact only tho state
ment that they will lodge together 'is
true. It is known that they did not start
7 """I '& S SL:
.vu...b ..a ...uua-.a uuu lUUiWU U1UWV4W
via St Gothard Pass. The latter Is expect
ed here Sunday evening or Monday morn
Legislative Agent Asserts Kribcry
.Correspondence Will He Given
to Grand Jury, Though .Miy.
Kellev May Xot Come.
Nlagara-on-the-Lakc, July 21 To-day D.
J. Kelley told The Republic correspondent
tbat he was undecided about sending his
wife to Jefferson City. Mr. Kelley Is
averse to the notoriety that Blie would
gain by going over to the Al.ssourl capital,
but Mr. Kelley taid he would place nil the
evidence in the, hands of the Grand Jury
which would show to the people of Mis
souri the man he claims ex-Lieutenant Gov
ernor Lee to be.
Mr. Kelley is looking decidedly better
than ho appeared last week, and vroposes
to remain here while the Queen's Royal re
mains open, which will probably be till the
middle of September. Sitting on tho wide
veranda of tlio hotel, overlooking the plac
id Lake Ontario, Mr. Kelley discoursed for
cii hour on Missouri politics.
Tho Rcpub.lc correspondent asked him
why he presumed Leo had gone before tho
Grand Junes of Cole County and St. Louis,
knowing that Kelley was in possession of
the compromising letters which The Re
public has published. Mr. Kelley replied:
"Lee did not dream that I had prewrved
his correspondence, which, by the way, 1
had done in the ordinary course of busl
r.iss, as business men, jou know, never de
etioy communications they receive.
"At the close of the last session of the
Legislature Leo was convinced that ho
had no chance to become Governor of the
State, and he was chagrined, disappointed
and revengeful. At ona tlmo ho would
charge Senator Morton and Senator Farris
with defeating him infills ambitions; at
another, it would be tho -newspapers. Again.
it would bo Colonel Phelps.
He wrote me about his blighted hopes .
and I replied that ho stood no show for Baia that If the Lec-Kelley letters are pro
tho nomination for the-governflrship: that ( auced In tho Farris trial, they will be prc-
..o .uwixcu avj.uiiiij. iiuu jiiai iieopi uiu nui
trust him. I told him W brace up and get
Into some staple business. I pointed out
to him that the strong' men of Missouri
were men who have convictions, who stick
to their convictions, and that these men
would naturally overshadow him and put
him out of business.
"Ho then wrote that he did not know
what to go Into to mako money, and much
more In this strain, and desired my aid.
About the next I heard was of the Indict
ments, and on the Ufof May came the let
t3r signed 'Sargent: in which Leo offers
to go Into exile for a consideration.
"Subsequently I had a visitor at Mont
real, well known In Missouri, who Informed
me that the representatives of certain large
Interests of Missouri had been approached
by Lee and that 1100,000 was demanded of
them as the price of Lieutenant Governor
Lee's silence and his absenting himself
from the country.
PLANNED ORIENTAL TRIP.
"Lieutenant Governor Leo's Intention was
to go to India or China and the plan was
that Lee's representative was to receive a
certain rum per mouth and at the end of
three years ho was to receive a balance
which would be sufficient to put him Into
"As soon as I learned the plans and pur
poses of Lieutenant Governor Lee, I com
municated the facts and plans to certain
friends in Missouri, and advised and urged
that Lieutonant Governor Lee bo prevented
from leaving the country, at the same tlmo
furnishing to these friends copies of certain
letters of Lee's which I had, and some of
which have been published.
"The men who were approached on this
proposition should be forced, both by duty
to their fellow-men and public opinion, to
go upon the witness stand at the trials
next week and submit the facts within their
knowledge to the court, otherwise I may
bo forced to give further data to tho pub
lic. "I shall have these Lee lettera in court.
In fact, they are already In the hands of
Morton Jourdan, and I shall do my duty to
tho full. I regret exceedingly that I can
not personally be present In court on the
FLAGMAN WENT TO SLEEP.
Train Ran Into a Pile Driver as the
Ardmore, L T., July 2t. A serious wreck
occurred on the Santa Fe this morning at
10 o'clock, fourteen miles Eouth of this
city, northbound local freight train crash
ing Into a pile driver working there. A
flagman who had been sent down the
track a halt hour previous went to sleep
and failed to signal the local. As there Is
a sharp curve at this point the engineer of
the local did not seo the pile driver unUl he
was within a few car lengths and It was
toe late to stop his train.
The engineer, fireman and brakeman of
the local jumped and were considerably
bruised, some of the wreckage falling on
them. Dan B. Hajs, engineer of the pile
driver, whose home is in San Antonio, Tex.,
was injured internally, and his left hand
ai.d arm crushed. His wounds are serious
and he will not likely recover. George
Champion of Honey Grove, Tex., fireman
pf the pile driver, was Injured Internally nue was considerably damaged and the lat
and his lower limbs were paralyzed. His ' ter's furniture suffered to the extent of
condlUon Is critical. Tom Moore, a work
man on the pile driver, received serious In
juries. Two other members of the pile
driver crew were badly hurt.
All were brought to this city and were
sent to the Santa Fe Hospital at Temple.
FOLK CLUB AT KENNETT, M0.
Movement Started to Organize
Throughout the County.
Kennett, Mc, July 24. An enthuslastlo
Folk Club was organized here to-day.
A movement also has been started to or
ganize others over Dunklin County.
Folic to Be Orator of the Day.
Browning, Mo., July 24. The date for the
Atimlnt titjn4lnff f trlA AT PAttljts -
! ori7nn"y 'nas been fied for sX-
day. Septe'mber 12, at Llnneus. Joseph W.
Folk of- St Louis will be the principal
speaker. The oldest settler In the county
Is L. McMacham, 94 years old.
.i-irhtCii avi?$.T.3,TKJ;i5,-rf' s-U."- i-ff-y.JS-.-t? a. U. V.'.iri?.'itvV' -
Story Which Former Liouien
ant Governor .Mnv Tell
A..W. Chanslor. Grand Jury stenographer,
was yesterday served with n subpoena to
appear in Jefferson flt at the trial of
Frank Farris next Tue-wlaj Mr. Chans
lor has taken all the testimony of John A.
Leo berore the St. Louis Gur.d Jury, and
it ii eunnoscd that his evidence wanted
to corroborate or disprove the story which
the former Ueutenant Governor may tell.
There is some question as to whether the
evidence which was given before the St
Louis Grand Jury can bo uted In the Jef
fcron City trial This point of law will
doubtless be nrgued nnd ma-y have some
wclsht In the eaj-e.
It is conshi.if.l prnbable th-it Mr. D. J.
Kelley will appear In Jefferson City with
the originals of tho letter: which her hus
band Miyi were received from John A. Lee
during the last two years. If these letters
are Introduced In evidence they will bo used
by the defence, though their introduction
may be fought by the State.
Trank Farris has been In St. Louis most
of this week. Thomas R. Glbs-on of Spring
field Is also registered at the Laclede Hotel.
He was formerly cashier of the Steelvllle
Bank, and hai appeared before the St.
Louis Grand Jury. He probably will tell of
rsirrls's deposit In the Steolvllle Bank.
Gibson I now connected with a Springfield
Representative Norvell of Steelvllle is also
In the city, and registered at the Laclede
with Harry Clynier. who made the race
against Frank Tarrix durlnj last year's
campaign. Both of them have been in the
city frequently during tho last month. It
Is said that they will attend the Jefferson
John A. Lee denounces a letter given out
ror nublleatlon hv Keiit- in ,!,., i. i.
nounccd forgeries in nart.
He savs that
he Is not tho author of the epistle. No in
dictment could be returned for forcery unless-
another's name were signed to an In
strument having a pecuniary value.
3IAY PROBE nOODLIXG IX KANSAS.
IVlllinm Allen White" Confers Wltk
Circuit Attorney Folk.
William Allen White, who has been In the
city for several davs, returned to his home
In Emporia, Kas., yesterday after a con
ference with Circuit Attorney Folk. Mr.
Whlto Is the editor of the Emporia Gr
zette, a well-known magazine writer and
the author of several books.
A few weeks ago John A. Leo declared
that I. J. Kelley had said he had bought
the Kansas Legislature and that It was
"cheap." Since then Editor White has been
keeping things warm In Kansas by de
manding thnt a Grand Jury be called In
Shawnee County, where Topeka Is located,
and that tho Kansas boodlers be exposed
Kansas has had experience with several
of the legislative subjects that have
aroused so much discussion In Missouri. A
slot-machine bill, similar to that in Mis
souri, made Its appearance there, and It Is
charged that boodle was used on It School
book legislation bas always been a subject
of scandal In Kansas, one of the big pub
lishing companies of that State being inter
ested in he matter.
Sir. White thinks that the Kansas boodlers
are a great deal cheaper than the Missouri
article, and In his paper calls them "pick
pockets" and "petit-larceny thieves," Who
would take anything from a cigar to a S0O
bill. He does not think that any of them
ever got any more than $500 a sum which
would seem beneath the notice of one or two
Missouri "potent legislators."
STREET RAILWAYS SHOW
St. Louis and Suburban and Transit
Comnnnlea Carry Severn! Million
Big Increases over last year's business
have been made by the St. Louis and Sub
urban and the St. Louis Transit companies,
according to figures filed with City Regis
ter FltzGibbon yesterday.
For the quarter ending June 30 the Sub
urban made 71,565 trips and carried 4.C1.1M
passengers. wMle fox the corresponding
quarter last year 65,07414 trlpa were mode
and 4,022,900 passengers carried.
The report of the Transit Company shows
that It made 1.3S7.454 trips. In which 23,421.
172 passengers were carried during the
period which ended June 30, while for the
bamo period last year 1.2A.SU trips wero
made nnd 33.2C,S42 passengers were trans
ported over Its lines.
COSTLY BLAZE FROM RUBBISH.
Rettig's and Adams's Property on
Chouteau Avenue Damaged.
Property valued at tlSOO was damaged In
n firo that originated from burning rubbish
in tho rear of No. 73 Chouteau avenue yes
Tho house occupied by L. M. O. Rettlg
and Frank Adams of No. 721 Chouteau ave-
' .1rtat Xlnttttr'a f ,l"ltlt!A tt.fi a AnvnrfrmA 'VIA
The stock and building of A. Spiegel & Co.
was damaged JtOOO. Damage to other build
ings will reach J1.5Q0. insurance covers Bple
?cl & Cu.'s damage. Rettig's and Adams's
urnlturo was not Insured.
VIRGIE PARSONS LAID TO REST.
Woman Killed, by Husband Buried
at Paducah, Ky.
REPUBLIC SPECIAL '
Padurah. Ky.. July 24. The body of Mrs.
Virgfe Parsons, formerly of this city, who
was shot and killed by her husband, Samuel
A. Parsons. In East St Louis Tuesday, was
Interred this afternoon.
In his remarks tho officiating minister, the
neverend G. W. Perryman, made a touch
ing reference to the tragic death of the
young wife, and paid a tribute to her
splendid traits of character.
Ml Phelps So Better.
Ashevllle, N. C, July 24. Miss Helene
Phelps is no better and no worse, according
to a statement made by her physician late
to-night Colonel Phelps remains at tbe
J saidtarium, where she Is a paUent
Believed His Evidence
to Corroborate or
WHITNEY AND HARRIMAN HAVE
I IfT - ii
sssWisBKi - 5
HHpMHBHKBBaaxBaBBBaBanje , 4""SfsflBH 1 1
JAME3 R. KEENE,
Famous Wall street manipulator of stocks, whese brokers, Talbot J. Taylor & Co made
an assignment yesterday. Just how far Mr. Keene may be affected by the failure Is
not clear, but it Is known that he Is the, largest unsecured creditor of the firs.
Talbot J. Taylor Is James R. Keene's son-in-law. whllo one of Taylor's partners tg
ToxhaU P. Keene, son of the veteran financier.
New York. July 24. Incessant and heavy
liquidation in the security market which
has worked ruin to stock and stockholders
throughout the countrty, finally carried un
der two Important Stock Exchange firms to
day. In the midst of trnmendous excitement on
the floor of the Exchange the failures were
announced of W. L. Stow & Co., and Tal
bot J. Taylor & Co., the latter probably
tho most Important commission firm In
In this firm's office James R. Keene, long
one of the central figures In Wall street,
and known as one of the greatest stock
market manipulators of the day, had his
Mr. Keene Is the father-in-law of Talbot
J. Taylor, ihe head of the unfortunate firm,
and. In addltio-t, is the father of FoxhaU
Keene, a special partr.er In the same con
cern. The collapse of the Stow firm was precipi
tated by tho decline In the shares of the
Mexican Central Railroad, of which W. L.
Stow is a director.
To-day local banks refused to loan on tne
stcck of the railroad, and this was the Im
mediate cause of his Inability to pay for
stock purchase on Thursday.
In the case of T. J. Taylor & Co., the col
lapse of Southern Pacific, United States
Steel and various other stocks in which the
firm was Interested, left It Insolvent
BANKERS TURN DEAF
EAR TO APPEALS.
On Thursday night the condition of the
firm was made known to several bankers,
among whom were J. P. Morgan & Co.,
and it was expected that assistance would
be extended to the brokerage firm, which
had acted so closely for the Morgan Inter
ests, first In the distribution of the tiieel
Trust shares and then in the purchase of
the Northern Pacific stock, but to the ap
peaJd of tbe distressed brokers a deaf ear
was apparently turned.
It was learned to-night that the condlUon
of the Tailor firm was thoroughly can
vassed by leading bankers on Thursday
night, and It was then determined to leave
the firm to Its own resources.
The largest unsecured creditor of the Tay
lor firm is James R. Keene. It Is not be
lieved that the Tavlor failure will be as
large as Is generally believed. Inasmuch as
the firm has been steadily selling stocks
for weeks past
During the morning liquidation It was pat
ent to every one who saw the prices being
made on the Stock Exchange that fa. lure
and business disaster must develop. Stocks
were bundled out without regard to prices
on intrinsic value. Prices rusned headlong
downward in tbe most demoralized manner
that has been witnessed s.nce tbe present
liquidation became urgent
TAKE DLFlNl'i't) FORM.
As the declines Continued sinister reports
were circulated and finally these crystal
lized Into the statement that the banking
and brokerage nouse of W. L. Stow & Co.
was refusing to accept deliveries in Mexi
can Central stocks which had been bought
oa the floor of tbe exchange on Thursday.
These reports were used to hammer the
shales further, and heavy losses were sus
tained. Finally there came a perpendicular drop
a wide-open break, as It Is known on the
exchange In Mexlcun Central from 17 to 11.
At the latter price some sales were exe
cuted and there was a slight rally.
L&ter the news became general that there
was an announcement of a failure to be
made. Soon the chairman of the Stock Ex
change rose and announced the first failure
Continued oa Page Two.
iatSS&t.SitfeScAj ifAifSxia.iir ,i--
BITTERLY FOUGHT KEENES,
ST, LOUIS GIRL
Miss Stella White Caught by Un
dertow in Lake Michigan at
RESCUER IS JUST IN
H. Beach of Springfield, Mo.,
Who Knows Little of Swim
ming, Hauls Her to Shore
bv Trempndons Effort,
South Haven. Mich.. July 24. Miss Stell
White of St Louis, who Is speeding the
summer here, had a narrow escape from
drowning while bathing In Lake Michigan
J. H. Beach of Springfield. Mo., stopping
at the Shamrock, saved her In the nick of
Miss White ventured beyond the Canftr
line, when a high wave took her off her
feet and the undertow waa carrying hsr
out Mr. Beach heard her cry for help and
went to her rescue.
She had gone down a second time before
he reached her. but by a gTeat effort he
succeeded In getting hold of her arm as she
was disappearing below the waves and
dragged her to the beach In an almost ln
Mr. Beach Is a young man, acUve and
powerful, but has lived the greater part of
his life away from water and knows little
of Its force and cannot swim well.
The water In which he plunged to rescue
Miss White wag twenty to thirty feat deep
with an undertow that a good swimmer
might hesitate to brave. Miss White is In
usual health to-night.
LEADER IN BUSINESS.
Springfield. Mo.. July 24.-J. H. Beach Is
one of the leading business men of Spring
field. He Is 38 years old and was bom near
Jackson. Mich. Ten years ago he came
to Springfield and has made his home here
since that time. In 1SS0 he was married to
Miss Jessie Moberly. He has no children.
Mr. Beach left Springfield a few days ago to
visit his old home In Michigan.
PINIONED UNDER ENGINE CAB.
Engineer A. B, Layman of St.
Louis Injured in Wreck.
Murphysboro, IU.. July 24. A. R, Lay
man of St Louis, engineer on Illinois Cen
tral engine 49. was seriously injured this
afternoon by his engine being overturned
at Harrison switch, one mile north of this
city. Tho engine and caboose were run
ning light when a broken flange derailed the
engine. Luyman was caught under the en
gine cab. He was cut about the head and
sustained severe bruises on the right hip.
He was unconscious' when taken from be
neath the cab. He was brought to this
city and taken to St Andrew's HospltaL -i;
jit: ut ft; .u, v-u .1U1U1 QlXLu SXrcvI, OC
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