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VOL. XX.—NO. 29. BULLETIN OF THE ST. PflrUl^ Gl^Oßl^ FRIDAY, FEB. 29, 1897. Wen titer for TiMlay— Slowly it is in ii. Temperature. PAGE 1. William Dnivscn Sr/s Statement. Duliolm Defeated lv Idaho. Treasury I'ortfolio for Ouse. One Hlock Too Many. page: 2. < able Chantre May lie Mad.- Council P roe eed In grit. Hearing., in Haul. Cases. Invalid Aid Society Work. PAGE 3. MiiiiicupoliK Matters. Quinn Sentenced. Sensational Story of Jealousy. .Yews of the Northwest. Status of Silver in Europe. PAGB 4. Editorial. Sensational House Speech-- s Alaska Boundary Treaty. Doing* of Congress. PAG IS S. Quandary Over the Anderson Bill. Anti-Treaty Resolutions Pass. Legislative Proceedings. PAGE O. Bar Silver, ©4 7-Bc. Cash When, in Chicago, 73 l-!Sc. Stocks More in Demand. Markets of the World. PAGE 7. Big Fight to Occur In Nevada. Sporting Xews of the Day. Famine in India Increasing. Wants of the People. PAGE 8. Needed Change in Insurance Laws. H.animi Can't Oust Macauley, Day's Social Events. Great Western Applies the Knife. Hallway Gossip. TODAY'S EVENTS. Metropolitan—King Lear, 8.15. Grand—Fatal Card, 8.15. Capitol—Legislature, 10. MOVEMENTS OF STEAMSHIPS. NEW YORK—Arrived: Anchoria, Glas- T -v. LIVERPOOL—SaiIed: Cephalonia, Boston. QUEBNSTOWN—Arrived: Germanic, New York for Liverpool. Sailed: Majes.ic, Liver pool to New York. -SOUTHAMPTON—Sa.Ied: Aller, Bremen for New York. BREMEN—Arrived: Lahn, New York via Southampton. And Lyman J. Gage is the noblest Roman of them all. The busiest men in the city these cold dajs are Tom and Jerry. The base ball season is approaching. Lou Payn has released Gov. Black, of ""New York. Must Mr. Sherman's attention be called to the fact that Mr. Olney is sec retary of state. Nearly one hundred of the announced Btarters In the cabinet sweepstakes hav e been scratched. Teresa Dean stirred up Fargo and then Fargo stirred up Teresa Dean. Turn about is fair play. What is the matter with the tele graph wires? Gen. Weyler hasn't lick ed the Cuban rebels for four days. __ A Chicago couple announce that they have been kept apart by spirit power. Did the spirits come from Peoria? __, _ Market reports quote "dressed poul try firm." It is likely to remain that way until the mercury rises 20 to 30 degrees. It seems a pity that Mrs. Bradley Martin is not on the stage. She ia getting a lot of the finest kind of ad vertising. -Mark Hanna admits that he is suf fering from "nervousness." Bushnell, you ought tc be everlastingly ashamed of yourself. It gets worse and worse. The Fitz simmons-Corbett fistic argument is not only to take place in Nevada, but in the capital city of Nevada. H ke Smith may be said to be on even terms with Mr. Rockefeller. Mr. Smith has accepted the position of su perintendent of a Sunday school at Atlar.ta. To Mormon or not to Mormon ap pears to be the leading question in the Utah legislature. One of the fore most candidates for the United States senate is a Mormon. Senator Thurston has been directed by tbe Nebraska legislature to vote for the free and unlimited ecinage of silver at 16 to 1. It is doubtful if the senator can hear the legislature. The gold reserve has reached the high-water mark for this administra tion, and it is announced from Wash ington that the government has more gold than it knows what to do with. The Westchester county, New York, young man who killed his mother, brother and sister spends much of his time in prayer. Had he begun his praying some time ago it might have been much more efficacious. Jersey people are already quarreling whether it is best to run Mr. Cleveland for mayor cf Trenton or gov ernor of New Jersey. Nobody seems to have thought it worth while to ask Mr. Cleveland whether he wants either of fice. Is Mr. McKinley going to take a North Dakota man into his cabinet? This startling telegram came from Can ton last night. "Mr. Jere M. Morrow, of Fargo, N. D., made a very pleasant call upon the president-elect this morn ing." Mark Hanna has sent word all along the line that political agitation is a menace to business prosperity. Do you hear this, Mr. Dowling? This means that the National League of Republican clubs shall lay down its arms and go out and hunt for some land to till. THE SAINT PAUL GLOBK WILL PAY EVEfIY DOLLAR WILLIAM DAWSON MAKES A COM PKKHKNSIVK STATEMENT OF HIS FINANCES. WORTH $3,000,000 IN 1890. UNSALABLE REALTY AT THE BOT TOM OF HIS REVERSES SIX YEAHS LATER. THE SUSPENSION OF THE BANK Brought About by the Taking: I i> of Plow Works, Land Company and Other Note*. The correspondence below between Mr. William Dawson, president of the Bank of Minnesota, and Hiler H. Hor ton, chairman of the depositors' com mittee on reorganization, fully explains itself. Mr. Dawson shows that in 1890 the value of his assets above all liabil ities was $3,179,959.18. That year his net income was $28,000. He gives in detail his connection with the Gladstone Land company, the St. Paul Plow works and other enterprises. The land company and plow works paper was carried in the East, the Bank of Min nesota merely protecting it occasional ly for a few days. During the presi dential year there came a period when this paper would not sell in the East, and the bank took it up at maturity with the expectation of disposing of it in the usual way. The opportunity, however, for such transfer did not come. The bank took up an aggregate of $430,000 of this paper and was forced to suspend. Mr. Dawson concludes his statement by offering to surrender all his prop j erty for equitable division among his : creditors. He says if his vast holdings | of real estate can be held for a few ! years he believes they will pay his en tire indebtedness and leave a fair sur plus. He expresses the opinion that, if the Bank of Minnesota can be reorga ! nized, under good management, every I dollar of its liabilities will be paid with interest. The correspondence in [ full is as follows: MR. HORTON'S LETTER. Oflice Reorganization Committee, Bank of I Minnesota, Jan. 23. 1897— Mr. William Daw son, City—My Dear Sir: In my position as chairman of the committee appointed to at- I tempt a reorganization of the Ba,nk of liin- I nesota, I am asked dozens of times daily, "What does .Mr. Dawson intend to do in case i the bank is reorganized?" "What proportion I of his indebtedness to the bank does he in j tend to pay? " "Will he turn his property ! over to the bank when reorganized in pay i ment of his liability to the bank?" and many ; questions of similar import. I think it only fair to the depositors that j you inform me of your views regarding the desirability of reorganizing the bank on the ! plans suggested and approved by the com ! mittee; also inform me whether or not you intend to turn over to the reorganized bank I your property in payment of your stock lia j bility and indebtedness to the bank, and per ! Mit me to give full publicity to your answer. jI am sincerely yours, —Hiler H. Horton. MR. DAWSON'S ANSWER. St. Paul, Minn., Jan. 27, 1897—Hiler H. Horton, Esq.—Dear Sir: In answer to your ! letter of inquiry concerning my view and I attitude towards the reorganization of the Rank of Minnesota, permit me to say: Ever since the suspension of the bank.l have con templated making a public detailed statement of my affairs for the information of persons interested. I hesitated as to the opportune time and occasion to do so. Your letter seems to furnish such an occasion, and I gladly avalil myself of it. Yours very truly, —William Dawson. THE STATEMENT. In order to make such a statement fully comprehensible, it seems neces sary to premise it with a comprehei.- I sive statement of my own affairs and my relation to the bank. I became a resident of the city of St. Paul in 1861, now nearly thirty-six years ago, bringing with me what seemed for those days a considerable sum of money, about $25,000, which I j immediately invested in the banking and real estate business. For many years my banking busi ness was carried on in partnership with various partners, but in 1882 the bank ing business was incorporated as the Bank of Minnesota, with a paid-up cap ital of $600,000, of which 1 in a short time became the owner of nearly one half, and at the time of the suspen sion cf the bank, I and my family own ed $275,400 of the stock. I have at times been purchaser of the stock, but never a seller. Both my banking and my real estate busi ness, which.l commenced in 1861, pros pered from the start, and there has not been a time since I came to St. ; Paul when I have not been regarded by others, who knew of my affairs, as among the rich men of the city, and there has not been a time until the suspension of the bank that I have not regarded myself as a rich man. able in the end to pay all my debts and have a comfortable competency left. In 1890 I was beyond doubt a rich man. My inventory of assets and lia bilities, made on the 31st day of Janu ary, 1890, showed the following assets and liabilities: Assets January, ISOO— I had a large number of improved and unimproved lots, scattered over every section of the city, and acre land, principally in Ramsey county, which (at j.ric-3. which I then regarded as c.-•• - servative values, by no Wea as high as current sale.: in "boom" days would have justi fied), I estimate to be worth $2..40,CC2.28 ; Bills receivable, secured by mortgages $194,040.20 j Bank of Minnesota stock (market value).. 335.9G4.C0 | Miscellaneous stocks, bonds and interests in real estate syndi cates (cost) 313,079.39 843,083.59 Total assets $3,685,745.87 Liabilities- Bills payable 54^.2.433.34 Accounts payable 23,353.35 505,786.69 Leaving tho value of my assets in ex.-ess of my liabilities $3,179,959.18 It will be noticed that my bills re c< ivable, added to the then market value of my bank stock, were about $25,000 more than my entire liabilities. Considering my estate, therefore, from the point of view of valuations and cost', the above statement would seem to entitle me to be regarded by myself and by others as a rich man in this community. Now, let me apply the other tos. of wealth. Namely, the income-producing quality of my assets. Dining the year IS9O I received frnn rents $CG,.19.71 From interests and dividends, eic. 2s,7i!4A_ Tntai gross income $96,602.86 Business Expenditures— For taxes $23,228.20 For assessments '_*,49(..13 I For interest accrued 26,350.00 C8,0fi5.33 Net income $28,535.53 In some years my tteome had been lorggr, but since IS9O, owing to the FRIDAY MORNING, JANUARY 29, 1897. practical desertion of Third street, where the bulk of my improved prop erty is located, and the general de pression of business, my rentals havo decreased year by year until the past year, 1896, my entire gross rentals have amounted to only $30,367.73. My ii.come from interest and dividends has decreased year by year, and, as 1 have been compelled to increase my liabili ties to meet my deficiency in income, the amounts of interest which I have been compelled to pay has Increased, while my taxes have remained sub stantially the same. Since 1890, I have paid taxes and assessments in Ramsey county as fol lows: Taxes. Assessments. Total. 1891 $23,225.20 $18,490.13 $41,718.33 1892 24,597.67 5,344.89 29,932.56 1893 29.218.59 4,408.00 33,626.59 1894 24,942.25 2,849.81 27,792.06 1895 24,520.64 1,046.19 25,566.83 1896 24,126.14 1,541.83 25,667.97 Totals $150,633.49 $33,670.85 $184,304.34 I have paid in interest during the six years, 1890 to 1896, in excess of what I have received $191,932.87 Total for taxes, assessments and interest $376,237.21 During the same period I have built a row of buildings on Sixth street, near Broadway, at a cost of about $27,000, paid repairs and insurance, and thus has my personal indebtedness increased from $505,786.96 on Jan. 31, 1890, to $790,992 of bills payable, and $!-\3_6.8- of accounts payable on Dec. 4, 1896. I have practically the same real es tate now which I had in 1890, and my other assets remain about the same as then, except that my bills receiva ble are reduced to $88,906.36. MARKET VALUES. It goes without saying that the mar ket value of my real estate is much less than in 1890, and the suspension of the bank renders it doubtful whether my bank stock is now an asset or a lia bility. Most of my income-producing real estate is now. as it was in 1890, in cumbered with mortgages. The amount of my indebtedness secured by real estate mortgages is $314,500, and some of my other indebtedness was secured by pledges of my bank and other stocks. In 1884 my health became impaired, and, under the advice of physicians, I spent several of the following winters in California and Florida, and, during the summer months, I was quite una ble to give much attention to business. During 1888-'B9 I took my daughter, who was in poor health, and has since died, to Europe, and was away from heme for about eleven months, and thus the care of my large property for several years devolved upon my sons. During the boom years of 1886-87, like other young, and, for that matter, j old men, they became possessed with the idea that the way to get rich was | to buy real estate, and, instead of sell ing my real estate and paying my in- I debtedness, as subsequent events have \ proven would have been wise, and as 1 believe I would have done had I been I at home and in good health, they each I purchased large amounts of real estate on their own account. As the paper issued by my sons have matured from time to time, I have felt it my duty to assist them in the only way I was able to assist them, by in- I dorsing their notes, and thus I have | become liable as an indorser on Will iam Dawson Jr.'s notes to the extent S of $189,000 and on Samuel E. Dawson's i notes to the extent of $123,000. Behind I each of these there is real estate of con i siderable value. In about 1886 I was induced, in con- I r.eetion with my two sons and other | gentlemen, to participate in the pur | chase of a tract of land containing about 574 acres, adjacent to the city, : and several lots near Post siding with : in the city, at a cost of about $210,649.33, | which was conveyed to a corporation i called the Gladstone Land company. The money to pay for this property was principally borrowed, with the ex- I pectation that enough of the lots to re i pay the money thus borrowed could ibe readily sold. A good many lots j were sold, but the balance of the in | debtedness, with its accumulated in ] terest, taxes and expenses, has been ! carried all these years on short-tim<'. | bills payable of the Gladstone Lajid i company, indorsed by the original pro i prietors. On these notes I am now I liable as an indorser to the extent of | $243,000, which is practically the entire indebtedness of that company. The value of the Gladstone Land I company's assets, which are available I as a primary fund to pay these notes, is problematic. Such has been my j confidence in the future of the city and the ultimate value of real property that j I have believed that the Gladstone j Land company would ultimately pay | out. ST. PAUL PLOW COMPANY. Something like twenty years ago I, in connection with several other of the then rich men of the city, organized the St. Paul Plow company, more with the- purpose of building up the city tban with the expectation of becoming piactical manufacturers. From the start up to quite recently the company has resulted in a loss each year. My original associates dropped out in the early years of its existence, but I thought I would carry it through and establish a successful and important manufacturing concern, which would be a credit tc the city and furnish employment to laboring men. 1 have put into the stock of this con cern from first to last over $80,000, and, when I was unable to put in any mora . money in this way, resort was had to raising money on the notes of the p.cw company bearing my indorsement. By these means I have become liable as indorser on the notes of the St. Paul Plow company to the extent of $300,800. The St. Paul Plow company has estab lished a reputation for the plows and other agricultural implements which it manufactures, and they command a ready sale at prices which will pay a ! profit I have little hesitation in say ; ing that, if they could be continued with sufficient capital, they could pay interest on its indebtedness. [f the company is closed out, it will ; deprive about 100 families of their pres ent means of livelihood, and would re sult in a loss to my estate and the holders of. their notes of probably $100,000 to $"200,000. I own about one half of the stock. RECAPITULATION. To recapitulate: At the beginning of the unfortunate and disastrous year, which has now just closed, I fdund my self an old man, more than seventy years, broken in health and largely incapacitated by the infirmities of age, burdened with the following indebted ness: (1) My individual indebtedness, amounting to $765,992 (2) My indorsement on the notes of my two sons 312,000 (3) My indorsement on the notes of the Gladstone Land company 243,000 (4) My indorsement on the notes of the St. Paul Plow company 300,000 Total $1,621,792 Tiiis indebtedness, with the exception of about $414,000, was borrowed, either on demand or on notes running not more than three to six months at a time. The mere physical labor of renewing, keeping track of and protecting so large an amount, based almost entire ly upon unsalable real estate, through the past years of distrust and depres sion, was a task which might appall a young man. THE BANK SUSPENSION. But the greatest cause of anxiety has not yet been told. As has been said, the Bank of Minnesota was the incor poration of the private banking busi- Tom Reed—Say, Mil, If you put that block up here, you won't even get money to run the govern ment. It will spoil the whole business! ness which has been run for years un der my name and largely on my credit. From its organization the Bank of Minnesota has been regarded as Daw son's bank. My credit and its credit have been so interwoven in the public mind that I have thought that the de struction of my credit, by means of al lowing any note of mine or on which I was an endorser, to go to protest, would immediately create a run upon the bank which would compel it to clcse its doors. There has never been an hour dur ing all these terrible years that I could not contemplate my individual embar rassment and my individual loss with entire composure. AH the struggles which I have m.ade have been with a view of protecting the credit of the bank. The manner in which I have carried a large part of the indebtedness has been in the usual way uf having the Gladstone Land company and the St. Paul Plow company make their notes, which I would indorse and then send them to note brokers in the Eastern cities for sale. Before such notes would become due other like notes would be forwarded and sold, and from their proceeds the first note_ would be paid. There have been times since the panic year, 1893, when notes w«.uid not sell fast enough to meet those outstanding at maturity, and then tht bank has come to the relief for a few days .o protect the paper. Then in a few days the notes would sell and the bank be re imbursed. This seemed to work well, and the bank for a long time was not called upon tc loan these concerns larger amounts at any one time than the most conservative management would have regarded as proper. There is hardly a business man in St. Paui who hau not, at times, been c<.mpel".ed to call upon his local banker ior.just such as sistance. There came a time during the pres idential election period when such pa per would not sell in the East, and th? bank took up the maturing paper, as it had done before, with the full ex pectation that in a short time the hales would again reimburse it. More paper matured and wa_ taken up, and still there was no sale for my paper in the Eastern market. Dy this process, little by little, the ba_.k took up and paid for, and now holes: Of my own individual notes $97,000 Of the notes of-the Gladstot.e company 52,000 Of the notes of the St. Paul Plow Co. 240,000 Of.S.. E. Dawson 50,000 Total --. $430,000 I beg that you will note that neither I nor my sons have' profited by the bank taking this paper. We each of us owe just as much as before, the only difference being that we owe this sum to the bank instead of to other people, while the failure of the bank has de stroyed the value of the stock of which I and my family held $275,000, which cost $375,000. READY TO SURRENDER ALL. The value of my estate, which I shall willingly surrender, to. be equitably di vided among my creditors, depends al most entirely upon,the", value of real estate in and about the city of St. Paul. Under a forced sale at this time, it goes without saying that it would bring but a small percentage of what I have always regarded it as fairly worth, arid the proceeds would pay but a per centage upon my indebtedness. But it seems to me that if it can be held for a few years until there are again pur chasers of real estate In St. Paul, it would pay the entire indebtedness and leave a fair surplus. In my experience in St. Paul, I have seen times before when it was impos sible to sell real estate, followed in a few years by quick sales at high prices I believe that my estate has intrinsic values equal to a large amount in ex cess of my entire liabilities. I have now recounted in brief the misfortunes which the Hast six years have brought to me and my family. It Is my opinion, however, that, if the bank can be rehabilitated and placed under proper management, in the end the assets will pay every dollar of its liabilities with interest. As to my- personal affairs, it is my intention that all my property shall be equitably distributed in payment of my debts, and, to accomplish tbis r€sult, I shall cheerfrily adopt such methods as the law allows and the ma jority of my creditors shall deem for their best interest. ~ As much as I regret it, this seem.* to be all that I can do at my time of life. I am too old to begin a new busi ness career or to build up a new for tune, either to pay debts or to trans mit to my family. m RHODES INVESTIGATION. The House of < on....on* Slow to Take It Up. LONDON, Jan. 28.—1h the house of eom morts today Joseph Chamberlain, colonial secretary, moved the appointment of a South African cornmit.cT. M J Mac Lean, mem ber for the Cardiff district, proposed an amendment, that in view of the peaceful set tlement of the South African question and the punishment of the Transvaal raiders, that it would be inexpedient to reopen the mat ter, and needless to rer.ppoirt the commit tee, lie argued thai Hie trcit puhh. ner vices of Hon: Cecil Rho_L«q and the .<":»« t that he had succeeded ln prevent..-4 ihe compact be tween the Trans/ail a.id '_-.rn.anv from be coming a settled fact, refclly absolved the great South African l-ador from blame. lit. Hon. Sir J. Lubbock seonded the amend ment, proposed by Mr. Mac Lean. The house then adjourned. ONE. BLOCK TOO MUCH. DUBOIS BEATEfI OUT HENRY HEITFELD, A POPULIST, ELECTED UNITED STATES SEN ATOR FROM IDAHO. LIMITED IN EDUCATION. i ' FOR TWO TERMS HE HAS SERVED IN THE STATE LEGIS LATURE, TURNER GETS WASHINGTON PLUM. Spokane Lawyer Selected by the Populists and Sllverites to Suc ceed Senator Sqnii-e. BOISE, Idaho, Jan. 28.—Henry Heit feld, Populist, was today elected United States senator to succeed Senator Du bois. The vote stood: Heitfeld, 39; Du bois, 30; T. P. Nelson, 1. Fourteen Democrats joined the Populists for Heitfeld, and he also received the vote of the single Republican member. Four Democrats went to Dubois. In the campaign the Democrats and Populists entered into a fusion, under which the Populists were to have the congressman and senator. The Demo crats refused to indorse any man nam ed by the Populist caucus for senator. Judge W. H. Claggett was overwhelm ingly the choice of the Populists, but the Democrats would not vote for him in sufficient number to elect him. Finally on Tuesday night Claggett had his friends nominate Heitfeld. There were thirteen Democrats ready by this time to vote for most any Populist ex cepting Claggett. "When the Demo cratic caucus was held Wednesday morning it resolved to support Heit feld, but there was such loud talk of bolt that the purpose was abandoned. Last night the matter was fixed up, the thirteen Democrats pledging their votes to Heitfeld and the deal was closed. When the roll call had been finished, and before any changes had been made, it w-as seen that Heitfeld had thirty-five votes, one less than a majority. Dubois appeared before the joint as sembly at an adjourned session this afternoon. He thanked his friends for the fight they had made and counseled them to go to work very vigorously to enact good haws for the state. Henry Heitfeld is a man of limited education, born in St. Louis, in 1859. In 187 D he moved to Kansas, living there until 1882, and in that year he moved to Pomeroy, Wash. He worked in the shops of the Northern Pacific railroad at Sprague, Wash., remaining there un til the fall of 1883. when he became a resident of Nez Perces county Idaho. Since that time he has been engaged as a farmer, fruit grower and cattle man. In politics Mr. Heitfeld was a Democrat until he joined the Populist party. He was elected to the state senate as a Populist in 1894, and again in 1896. TURNER, OF SPOKANE. He Will Succeed Suuire in the Unit ed States Senate. OLYMPIA, Wash., Jan. 28.—George F. Turner, of Spokane, was tonight nominated for United States senator ln a caucus of Populists and free sil ver Republicans. He received f.4 votes. Judge Turner has been a Republican, but in the late campaign supported Bryan. He Is considered one of the ablest lawyers in the state of Washing ton. From 1884 to 1888 he was terri torial governor. KYLE MAKES GAINS. Within a Few Votes of Securing the Nomination. Special to the Globe. PIERRE, S. D., Jan. 28.—1n the Pop ulist caucus tonight six ballots were taken. An attempt to spring M. H. Potter, as a compromise candidate, failed, he only getting one vote, Kyle got up to 33 on one ballot. The last ballot resulted: Kyle, 30; Plowman, 13; Goodykoontz, 7; Loucks, 6; Potter, 1. ln the lagislature the eighth day of balloting for- United States senator show-s no material results. Kyle gained five over yesterday, an attempt to take a second ballot was voted down. The ballot was: Pickler, 54; Kyle, 32; Plow man, 17; Goodykoontz, 16; Loucks, 4; Palmer, 1; Bowler, 1. Loucks has re leased his supporters, but is still a live candidate. Republican National Committeeman Kittredge, Democratic National Com mitteeman Woods and People's Com mitteeman Volkmar are here engineer ing their respective party interests in the contest. In the house today resolutions were PRJCE TWO CENTS—} ,rfS£5£SR" passed to ratify the acts of the boun dary commission, which fixed the line between South Dakota and Nebraska and memorializing congress to make a permanent military post of Fort. Meade. Senate bill No. 1, the railroad law, was passed without a dissenting vcte, and but needs the signature of the governor to make it law. The only bill introduced w-as requiring peddlers and solicitors for outside houses to take out licenses. No action of any note was taken in the senate. SENSATION SPRUNG. Bribery Charged in the Washing ton Senatorial Contest. OLYMPIA, Wash., Jan. 28.—A sensa tion was sprung in the legislature to day, by charges of bribery made in the Post-Intelligencer of Seattle, by Dr. J. B. Calhoun, late manager for Senator Squire. Specific charges of bribery were made against Representative A. L. Warner, of Everett, and Senator Plummer, president pro tern of the senate. Warner this morning rose in the house to a question of personal privilege, and, in a sensational speech, branded the charge as "false as hell," and asked that a committee be ap pointed to investigate. Speaker Cline appointed a committee of five to in vostig-ate the charges. The first ballot for United States senator today resulted: Turner, 35; Winsor- 41; Denny, 26; Squire, 6; Cline, 3. Second ballot: Turner, 35; Winsor, 42; Squire, 6; Denny. 26; Cline, 2. Third ballot: Turner, 35; Winsor, 44; Squire, 4; Denny, 26; Cline, 2. VISITORS AT CANTON. HfcCook and Ex-Gov. Cornell Re ceived by McKinley. CANTON, 0., Jan. 28.—Ex-Gov. Cor nell and Gen. McCook arrived this afternoon for a conference with Maj. McKinley. Exactly what they are here for has not developed, but there is some gossip to the effect that Gen. McCook is eligible for the attorney-generalship. Maj. McKinley left Mr. Gage long enough in the early evening to give a short audience to a delegation of col ored men. They were Revs. W. B. Der rick, of New York, James A. Handy, of Baltimore, W. J. Games, of Atlanta, B. W. Arnett, of Wilberforce, 0., and J. L. Bradford, of Baltimore. Gov. Cornell said tonight that he w-as glad the country was to have a secre tary of the treasury who will have "learned his trade" before he enters upon the duties of his office. Especial congratulation is believed here to be due to the fact of Mr. Gage's popular ity with the people who respect him much, though they have differed with him politically. The expressions of re gard for him by workingmen in Chi cago interviews are believed to be largely due to the fact that he has often met with them and joined in discussion of public questions and political mat ters, having entered club discussions with persons noted in the troubles of the Chicago anarchists. Gen. Osborne, secretary of the na tional committee, referring to a story wired from Cleveland today, said that the report that the maintenance of active Republican headquarters in Washington would be only temporary, was a mistake, and that there had been no change in the plan to change headquarters as now being established in Washington. Gen. McCook will leave for New York in the morning. Notliing Offered Hay. WASHINGTON, Jan. 2S.—Based on the fact that Col. John Hay was a visitor at Canton yesterday, arose the report that he had been solicited to accept and had agreed to accept the office of first assistant secretary of sta:e under Secretary Sherman. Upon Mr. Hay"s authority it can be stated that such an ap pointment was not referred to in the con versation that passed between President-elect McKinley and his visitor, which was devoted to other subjects than the personality of Col. Hay. Slftns of a Break. SALT LAKE, Utah, Jan. 28.— The legisl/.tue took three ballots for senator today. The bal loting resulted in a little change in party strength, which may lead to breaking the dead-lock tomorrow. Thatcher and Rawlins each lost two votes, one of which went to Chambers and three to Fisher and Harris. Tho Republicans voted for Kearna and the Populists voted for Mrs. Labarth. Result of last ballot: Thatcher. 20; Rawlins, 16: Hen derson, 14; Labarth. 4: Harris, 3; Kearns, 3: Powers, 1; Chambers, 1. Orders for Thurston. LINCOLN, Neb.. Jan. 28.—The senate has adopted by a party vote a joint resolution directing Senator John M. Thurston to vote for any measure favoring the free and on lim ited coinage of silver at a ratio of 1G to 1. ____. PYTHIAN DECISION. Action of the Grand Lodt_e of the Order Overruled. INDIANAPOLIS, Ind. Jan. 28.—Koerner lodge No. 6 of the Knights of Pythias of this city today won a victory over the grand lodge of tho order in the supreme court of tho state. The decision of the Marlon superior court was reversed. The grand ledge had se cured a decision in the lower court approving its action in taking from Koerner lodge its charter and depriving it of Its property. Koer ner lodge had adoped a resolution to secede from the grand lodge because of certain ac tion taken by the supreme lodge requiring that all rituals and all work of tho order ba in English. t GAGE SAYS IT'S SO ALL DOUBT AS TO THE TREASURY PORTFOLIO PUT AT REST, CHICAGO MAN AT CANTON. M'KIXLEY TENDERS THE CAR-NET POSITION AND THE BANKER ACCEPTS IT. SKETCH OF THE NEW SECRETARY. Since ISI.I He Han Been the resi dent of the Firut National Bank of Chicago. CANTON, Jan. 28.—At 7:30 o'clock this evening Lyman J. Gage, president of the First National Bank of Chicago, emerged from the dining room of the McKinley home to fill an appointment with the press correspondents, to tell them the result of his conference with Maj. McKinley. "Mr. McKinley offered me the treas ury portfolio. I told him I would ac cept the high honor and fill the position to the best of my ability." This was the first utterance of the in coming secretary of the treasury on be ing presented to the party. Mr. Gage reached Canton about 2:30 o'clock this afternoon, his train being delayed by cold and snow. "With him was National Committeeman Cyrus Le land, of Kansas. The McKinley con veyance was in waiting, and the visit ors were hurried over the snow-covered streets to the McKinley home from which no hint of what was transpiring within came until dinner had been served and Mr. Gage stepped into the office and addressed himself as quoted. Beyond this he had little to say. He declined to discuss any feature of the policy of the incoming administration, or to discuss any matter other than that relating to himself. He said there was no ground for the publication that he was a gold Democrat during the campaign, and that his only affiliation with the Democratic party was in 1834 when he voted for Cleveland. He also said that he and Maj. McKinley sub stantially agree on. the tariff question. The guests at dinner tonight, besides Mr. Gage, were National Committee man Leland ; of Kansas; ex-Gov. Cornell and Col. J. J. McCook, of New York, the latter a leading attorney; W. C. Beers, of the National Security Com pany of New York, and Gen. Osborne, the secretary of the national commit tee. It was expected this morning that the announcement cf the tendering and acceptance of the treasury portfolio would be made tonight. Mr. Gage wag met at the depot by the reporters, to whom he politely declined to talk Af terwards at the McKinley home, he paid, at dusk that there was nothing to ; announce, but he would talk ai 7 j o'clock. He made his first ann ounce ; ment in the few words above in the j presence of Mr. McKinley. H_ • stepped across the hall where .. I of special correspondents awaited him, ! and repeated his terse statement and was a second time warmly congratu lated on the announcement. Mr. Gaga left for Chicago on the 9:07 o'clock Pennsylvania train. Lyman J. Gage was bom at De Ruvter, Madison county. New York. June His parents, who were both born in the state of New York, were of English stock. When Lyman was 10 years of age his parents moved to Rome. N. V.. where he entered the Rome acadmeny, and remained four years, the term he spent in that school practically constituting his entire school education. His first position in business life was as a clerk in the Rome postoffice and after leaving there he became a route agent on the Rome & Watertown rai:road. In 1854 he secured a position in the Oneida Central bank of Romp at a salary of $100 a year, and remained with the bank eighteen months. He came to Chicago in the fall of 1855 and was engaged as a bookkeeper by a lumber firm. His duties as bookkeeper, however, comprised the driving of one of the teams belonging to the firm and load ing and unloading lumber. He also acted for a time as night watchman. While he was thus engaged he was offered the position of bookkeeper of the Merchants Saving Loan and Trust company, and this was the actual beginning of his career as a banker. In the spring of 1860 he had worked his way up to the position of assistant cashier and later to that of cashier, which he held until 1868, when he left the Merchants Sav ings Loan and Trust company to accept a Similar position with the First National bank, with which institution he has been identified until the present time. The old charter of the bank expired in 1882 and upon its reorganization he was chosen I vice president and general manager. About | this t'me his financial ability was paid a high i compliment by his election to the presidency of the American Bankers' association. On Jan. 24, 1891, he was elected president of the First National bank, and still holds that, position. He was prominent in all of the work that made the worlds' fair a great success, and was one of the four men—J. J. P. Odell, Wirt Dexter and J. W. Doane being the others— who practically guaranteed that Chicago would carry out its pledge of raising $10. 000 for the building of the fair. He was for a time president of the local board of direct ors, but upon his election to the presidency of the bank he was compelled to resign this ofilce. He refused any remuneration for all the time he had spent as president of the kx al world's fair directors, although a handsome salary had been voted for the position. Mr. Gage has been twice married, his first wife being Miss Sarah Etheridge, of Little Falls. N. V.. whom he married in IStU. She died in 1574. and in 1887 he married Cornelia Gage, of Denver, Col. He is a member of the Commercial and Union League clubs of Chicago, and, personally, is a very popular man. He is democratic in his manners, pleasant and affable, and is easy of approach at all times. M'KIMKY'S PROeftAMMB. \ol.iii.i_; Rut T.irilV l.ciiJslti. lon nt the K.xtrn Sossion, CHICAGO. Jan. 28.—The Post's Washington special says: Chairman | Diugley. of the way? and means com i mittee, haa outlined the programme ot the adzr_-__.strat.on at the next session ■ of congress. He says there will be no ; general legislation during the extra ordinary session For the specific purpose of passing a revenue bill. "When we meet in March," he said, "the bill will | be ready to present to the house, and I it will be passed within thirty daya and sent to the senate. Nothing else will he done by tho house. We will ad journ from day to day or take three day.-, adjournment, according to the provision of the constitution. The eyes of the country will be on the sen ate alone. The house will not consider pension bills n«r enter into any legis lation. "We will simply remain nomi nally In session until the senate reaches a conclusion on the revenue bill, and then the measure will ro into a con ference, where it will be perfected in a manner to suit hath houses of con gress. I do not believe that the senate will force a long session, when nothing ■■ is under consideration, except the tariff bill." _ Cliina-o-vn Raided. SAN FRANCISCO, Jan. £8.-Today the po lice raided the meeting places of the Rco Yup highbinder societies and destroyed t'.-.e furniture. A number of pistols and iron bars wound with strings were seized. The widnv of Little Pete offers a reward of $2,900 for the conviction of his murderers. Consider-bia commotion was caused in the Chinese dis trict by the posting of her proclamation.