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PORTLAND DAILY PRESS.
ESTABLISHED JUNE 23, 1862—VOL. 21. PORTLAND, SATURDAY MORNING, SEPTEMBER 1, 1883. SUKaiIVattSI PRICE THREE CENTS, XPEi lAL NOTICKM. RARE OLD ENGLISH BOOKS. OTORE 118 Middle Street newly opened tor tale “ of abore. and of current and rtand.rd Second hand Books. Libraries and Collections of old bosks purchased. 10,000 Old Books Wanted Im mediately. aug20 Bndtf GARMENTS of all kinds Dry Cleansed, Steam Scoured or Dyed and Pressed BY TAILOR'S PRESSMEN - AT - FOSTERS Forest City Dye House 1* Preble St. opp. Preble House jylO snoodtf Cure Your Corns BY USING SCHLOTTERBECK’S Corn, Wart & Bunion Solvent. Entirely harmless; is not a caustic. It removes Corns, Warts, Bunions and Callous without tearing a blemish. Brush for applying in each bottle. VTA CURE IS G UAJIAXTEED..J& Price 9ft cents. For sale by all Draggists. Try it and you will be convinced like thousands who nave used it and now testify to its value. Ask for Hchlotterbeck’s Corn aad W art Solvent aad take ss otber. nov28 B»dtf THE AGONIES OF BUOES COLIC, SHE INDESCRIBABLE PANGS OF CHRONIC INDIGESTION. THE DEBILITY AND MENTAL STUPOR RESULTING FROM A COSTIVE HAB IT. MAY BK CERTAINLY AVOIDED BY REGU LATING THE SYS I EM WITH THAT AGREEA BLE AND REFRESHING STANDARD PRI PAR ATI ON, TARBANTA SELTZER A>-K. BIBAT. PROCURABLE AT ALL DRUGGISTS an*23 Th,S£T2w Summer Visitors and Residents will And one of the best assortments of Fancy Goods, Gloves, Hosiery. Fans, Parasols. Travelling Bags, Kuching', Collars, Cuff', Handkerchiefs, Fichus, Laces, Silks, Shawjs, Dress Goods &e. at very low prices, at J. M. DYER & CO S 511 Congress Street. aoglO eodtt TOURISTS AND TRAVELLERS. Tourists and others needing anything in the line of '"Boots, Shoes, Slippers, At., will find it advantageous to eall at tlie PEOPLE’S SHOE STORE, Opposite the Preble House, 480 Congress S . Propi'ietors. jyl9 eodtf C. 0. HUDSON — AT — 13 MARKET SQ., KANUriCTUBJSS (DAIIjT) Caramels, Lime Juice Tablets, Fine ChocolateiDrops — AND — A Great Variety of Other First' vlas, Confectionery. GIVE Him A CALL ! roy80 dtf MRS. THROOP’S” ENGLISH A > D FRENI H SCHOOL -FOE Young: Laflien and Children, Wi|l re-open SBPTE9IBEB 34th, IN83. For circulars, address MK8. THEOOP. No. 61 High st. Portland, M». jyPaod till octl UETBOBOLOOICAL. INDICATIONS SOU THI NEXT TWENTY-FOUR HOURS. War Dep’t Office Chief Signal / Officer, Washington, O C. ( August 31, 1 A. M. For New England, Fair weather, variable winds, most souther ly, stationary or rising barometer and temper ature. SPECIAL BULLETIN. The barometer is highest in the Middle At lantic States and lowest In the Northwest. The temperature has remained nearly stationary in all the district east of the Mississippi valley aud has risen slightly in the upper Mississippi and Missouri valleys. Northeasterly winds prevail in the Middle and Sooth Atlantic and Golf States, Tennessee and Ohio valley, aud southerly iu the Lake region, upper Mis sissippi and Missouri valleys. Fair weather prevails in ail districts east of the Mississippi y*FaiV weather will prevail in New England and South Atlantic Slates on Saturday and Sunday with slowly rising temperature. Local rains are indicated in the Lake region Saturday and Sunday. POLITICAL. Tlldau Not a Presidential Candidate. Nbw York, Aog. 31.—The New YirkSnn editorially, in answer lo a correspondent, says its asseriion that Tilderi will uot accept the Presidential nomination is upon the authority of the gentleman himself. Anns for China at Hsu Francisco. San Francisco, Aug. 31—The cosioms au th< rmes are in a quandary as lo what coarse to pnrsae regarding new shipments of arms for China made by the steamer Peking. No ef fort has been made to prevent the shipments, but it is understood that all the facts have been telegraphed to Washington, and in view of the relations between France and China, instructions have been asked. » Indiana Banking Company, Ikdianafolis, Ang. 31.—Receiver Ritter ol the Indiana Banking Company, made a state ment of the condition of the bank in court to d-y showing its liabilities to be $805,217 and its assets, face v alue. $909,894, appraised val ue, $406,539, _________ Business Failures the Fast W eek. Kiv Yobk, Business failures tbroughoni the United States and Canada, reported to K G. Duu & Co., tor the seven days ending the 31si were 186, compared with 1G5 last wees New England had 26. THE PORTLAND DAILY PRESS, Publish*.! evjry day(Sond»*s excepted) by the POSTLASD PUBLISHING COMPANY, At 97 Exchange St„ Pom-land, m*. terms: Eight. Wrttars a Year. To mail subscrib ers. Seven Dollars a Year, If paid In advance. Rates of Advertising: On# Inch of space, the length of column constitutes a -'square.” $1.60 I er square, daily tlrst rat: 75 cents per week after; three insertions or legs, $1.00. continu ing every other day after first week, 50 cents. Half square, three Insertions or less. 76 ceuts; one week, $1.00; $60 cents per week after. Special notices, one-thi d additional. Under head of "Amusements” and "Auction Sales," $3.00 per square per week; three insertions or less, $ l .50. TEE MAINE STATE PRESS. Published every Thursdat Mobnin#, at $2.50 a year: if paid in advance. $2.00 a year. Advertisements inserted m the “Maine State Press (Which has a large circulation in every part of the State) for $ > .00 per square for tirst insertion and 6C cents per square for each subsequent inser 1 tiou. Address all communications to PORTLAND PUBLISHING GO. MAINE. BY THE SKA. _ The Tirol Annual l arnivul at Old Orehai'd Beach. [Special Despatch to the Portland Press.] Old Orchard, Aug. 31. Old Orchard wag clothed in gale coetutne to-day, tbe occaeien being tbe inauguration of a carnival day, which it ia proponed to hold every season. Among the attractions of the day and evening were a procession, dory and yacht races, band concert, by five bands, In cluding Chandler’s Brigade Band of this city, Glover’s Band of Auburn, and the Dover (N. H.) Cornet Band, and a general illumina tion of the hotels, dwellings and stores, with a grand display of fireworks in tbe evening. The people began to arrive from all directions as early a 7 a. in., and when the precession com menced to move it was estimated there were 10,000 at the beach. The procession was a credit to the originators, and proved a very pleasing and entertaining feature. The yacht race took place at 2 o’clock, and it was a fine one. There was plenty of wind, and the yachts presented a pretty sight as they rushed through tbe water. Tbe race wan divided into three classes, each class sailing a different course. The prizes were, f< r first-class yachts measur ing forty feet and over, a gold-liued silver cap, of a special design, valued at $250, and was won by the Bonita, Capt. Clark, of ibis city; distance 13 miles, corrected time 2b. 6m. 12.-. For second-class, yachts measuring 25 feet and over, and under 40, oash prizes of @40, @25, 815 and $10 were offered, and the Vixen of this city, Capt. Riohardsoo, woo the first prize. Distance 10 miles, and corrected time lh. 25m. 35s. Sloop Millie, Capt. E S. Pan), took the second prize; time lb. 31m. 22s. Tbe Emily, Capt- E. H. Hale, was third, in lh. 34m 50s. Tbe Duet, Capt. Lorenzo Norwood, won the fourth prize in lh. 36m. 21s. For third-class, yachts measuring 15 feet and over, and under 25 feet, cash prizes of @25, @15 and $10. Tbe first prize was taken by the Amphitrite, Capt, Albert Norwood, in In. 30 > 7s; the Emma Paul, Capt. Jas. H. Buell, was second in lh. 39m. 5s.; and tbe Secret, Cap;. Charles Hatch, was third, lh. 40m. 6s. Tbe distance was len miles About 10,000 people witnessed the race. Mr. A. W. Pierce of Portland presented the prizes to the winners. During the afternoon tbe crowd kept in creasing, every traiu over the Boston A Maine railroad bring hundreds of people, and it was estimated there were 25,000 at the Beach at 7 p. m. During the afternoon Chandler’s band, which was stationed on the lawn in front of the Sea Shore House, discoursed its sweet mu sic to the delight of thousands. About 8 p. m. the beach presented a grand sight. Tbe long reach of electric lights, the brilliant fire works, and the magnificent set-pieces, of which there were 20, made tbe befell as light as day, and was a sight well worth witnessing. The last device wan called tbe Glory of the Carnival. A central wreath of largo diameter appeared, composed of choice fires woven in forms of liilies, roses, ferns aud branches. In the centre of this wreath appeared the motto ‘ “Old Orchard’s First Annual Carnival on Aug . 31,1882.” On each side of the central attraction were extended wings bmlt of mosaic jewelled batteries, while aerial novelties in countless forms lent their lustre to the beatifnl scene. Thus closed tbe first annual carnival at Old Orchard, which will be long remembered by tbe thousands of spectators, aud tbe next season's carnival will be eagerly awaited. Preparations far the Regatta. Lake MakaniCook, Aug. 31. —The arrange ments are progressing for the grand regatta here Tuesday. Great interest is manifested by oarsmen and the public. Conley and O'Con nell and traiaer Spellman of Portland arrived Thursday and did some practice pulling. They have been out this morning. O'Connell pnlls in the amateur single scull race. John Tee nier and Morris, hi-t trainer, of Pittsnurg, Pa., have just arrived in the Portland train. They are exceedingly pleased with the coarse. Tee mer is now ont palling. The other oarsmen will arrive later. Fire at Lewiston. Lewistow, Ang. 31.—The dwelling, ell and stable of W. B. Kilbonrue of Lewiston, was homed last night. Loss £3,000; insured £1,500 in the Lancashire. Maine Aaaociatien ef Ex-Prisener>. Through some mistake in the Associated Press report of the reanion of the 8th, 9tb, 11th and 16th Maine regiments at Augusta last Wednesday, the officers elected by the 16lh regiment were stated to have been those elect ed by the Maine Association of ex-piisoneis, and the officers elected by the latter associa tion were entirely omitted. The officers of the Maine Association of tx-prisoLers as elected were as follows: President—George D. Bisbee, Bnckfield. Recording Secretary—M. F. Kicker, Port land. Treasurer—Charles W Tilden, Hallowell. Executive Committee — Daniel White of Bangor, Delance Young ot Auburn, H. F. Blanchard of Augusta; Included with these are the president and secretary. Auditing Committee—J G. Lamb of Lew iston, George Donghty of Augusta, S. S. Voso of Skowhegan. [From ovr Exchangss.] Col. Richard C. Shannon, president and gen eral manager of the Botanical Garden Rail road Company of Rio Janeiro, Brazil, (and James H. Shannon, of Camden, Pa., brothers of Prof. C. W. Shannon, are on a visit of a few weeks duration, in Saco. This is the first meeting of the three brothers for fifteen years. Bridgien Academy opened on Tuesday with 113 scholars. There have been ex-ensive forest fires in the vicinity of Brunswick that threatened several houses and called out the Brunswick fire de partment. On Birch Island, Wednesday, fire raged in the wood lots of Messrs Durgin, Al exander and Fuller, and Mr. Durgin had a [ sharp fight to save hit house. Howard Owen, Esq. is to have the entire editorial control of the Maine Farmer after Dr. Lapham’s lesigriation takes effect. The Farmer has secured the services of an agricul ; tural editor, who will reside out of town. At noon yesterday J. W. Beatty’s tannery at I Saco was partly burned. Loss 82,000; partly insured, The Lieut. Notes who, several days ago, was reported killed on board the flagship of the Asiatic squadron by ihe fall of a top-gallant mast was Lieut. Boutelle Noyes, the only sur viving child of Edwin N'*yes of Waierville. His mother was the daughter of Timothy Bou telle, for whom he was named. Lieut. Noyes was educated at Annapolis. He entered the naval service in 1864, and received his commis sion as lieutenant in 1873. Five or six years i ago he married the daughter of Commodore ; Luce, and she, wilh her two children, was vis iting her husband’s family iu Waterville when the melancholy newB came. Commodore Luce and his family received the tidings Thurs day in Boston, and made immediate prepara tions tor departure to Watervilla. Lieut. Noyes was about 35 years old, and waB regard ed as one of the best officers in the service. Panper Iri.h via Canada. Buffalo, Aog. 31.—Two assisted pauper ! Irish emigrants were sent back to Canada to i day. They stated that 1100 others came over in the same ship, and that all their expenses were paid by the British government. The plan is stated to be to ship them to Canada and*om there to the States across the border at different points. Large numbers have been sent back from this country recently. New York, Aug. 31.—A fnnily of assisted emigrants, consisting *>1 husband, wife and three ctiildren, which bad been sent from Ire land to Canada, applied tor help t> day at Cai tle Garden. They were pLeeu on board the Ethiopia which sails tomorrow for London derry. FISHING FLEET. _ A Gale Sweeps OVbt the Grand Banks. Seores of Fishing Dories Wrecked. From Sixty to Eighty Lives Lost. ST. Johh, N. F., Aug. 31,—From several ar rivals within the past twenty-four hours from the Grand Batiks intelligence of alarmiug dis asters to the flshiug fleet have been received. The most reliable and definite comes from the Gloucester schooner Wachus'ieU. She was anchored about twenty miles southwest of Vir glns and just escaped the fury of the storm, and ran for the land. Whilst coming in she passed through a vast amouut of wreckage, everything indioating a work of destruction. The gale arose from the oastwaid shortly after sunrise on Sunday last. A heavy sea rapidly piled up aud became confused and chopping by the wind veering to the north-northeast. For thirty miles in the schooner s course wreckage was encountered on every side. Dories in tens were seen bottom up, oars fishboards aud other wrecked material were passed from time to time. One French fishing brig alone lost four dories with all hands. The vessel’s deoks were swept, cables parted and anchors lost. The general estimate at present puts the loss of life from sixty to eighty souls, while mate rial damage to the fleet is Incalculable. At the time the gale sprung up there were assum •dly 2000 dories away at their trawls. It will be fortunate if the disaster to the Great Bank fleet is circumscribed within this report. THR SHAW FAILURE. Thiwgs Ltsk VIarc usd 31 ore Coinpli osied. Bostok, Aug. 31.—Members of the advisory committee of the creditors of F. Shaw & Bros, ate very reticent regarding their labors, but it was privately learned from a reliable sources that as the committee’s investigation proceed affairs become more and more compli cated and that the committee cannot finish its labors for at least a month. New York credi tors still refuse to unite with the remainder of the creditors and are persistent in tbeir en deavors to obtain preference on the New York uroperty of their debtors. It Is thought that the assets in the State of New York are ample to cover its liabilities in that State. Two members of the committee are in Montreal with Mr. Shaw. NATIONAL LONGEVITY UNION. An Organization to Prevent Disease and Lessen Dootors’ Bills. Erie, Pa., Aug. 31 —A new ami unique n» rioual organization was formed here Wednes day, haviug for ita primary object the exten sion of human life. It is called in its charter “The National Longevity Union," the sn preme lodge and central offices of which are ta be located in this city, and officers appointed to institute subordinate lodges o.' unions through the State and country. In the articles of In corporation it is stated that the objects shall be to promote fraternity and sociability, health and happiness; to prevent disease by educat ing its members in the laws of life and health; provide skillful medical advice and attendance upon an economical and scientific basts, and to promote the general welfare of humanity. The capital stock of the Union is 1,0(10 shares of 320, nearly ail of which has been subscribed here. This, it is stated, is merely to create a fund for necessary expenditure in starting the orgonization. The Grand Lodge, as constitut ed, consists of a president, vice president, sec retary, cashier and treasurer, five directors and three physicians as an advisory board. The promoters claim that one-half of the diseases which sweep away humanity may be prevented just as effectually as grades of crime are prevented by organized efforts. The mem bers will be required to pay one dollar per month for a man and his wife, and ten cents additional for each child. For this amount they will be entitled to medical attendance free of other charge, the condition being to follow the sanitary instructions of the visiting physician, whose duty it will be to visit all the homes and keep a medical history of mem bers. As he is paid by the Longevity Union and not. by patienis, it will be to his interest to check the spread of disease. All the visiting physicians are required to send in a report of their sick, accompanied by method of treat ment, with results. The medical advisory hoard exainiue|tbese reports and nso them for geaeral information and instruction. Where, in cases of epidemics, etc., the treatment of one visiting officer is found fo be successful in a larger degree thau others, his prescriptions are to be forwarded to the district where the least amount of success lias been oblaiued. A funeral benefit fund is attached, by which widows receive from 3130 to 3150, at the death of the husband, for funeral expenses. YELLOW FEVER. Yellow Fever. Washington, Auk. 31—The surgeon general of the marine hospital service has received a report from Dr. Finney, in charge of the Ship Island quarantine station, which shows that there are now twelve vessels in quarantiue there, from which nineteen cases of yellow fever were taken. All these cases were brought from Vera Cruz. The surgeon general lias also been informed that the American brig Hattie W. Bain, which left Havana on the 24th iust. for Boston, had a case of yellow fever on board. The vessel was disinfected at Havana. A large number of applications have been made to the marine hospital service for food for the destitute citizens on the national reserva tion at PeuBacola, Fla. The matter waa re ferred to the Actiug Secretary of the Treasury who decided that there were no funds on hand which could be used for such a puruose. It whb held that the State of Florida must care for its own poor or else make a public appeal for aid. Senator Call, who made application for relief on the part of some of the poor at Pensacola, was notified accordingly. THE VOLCANIC ERUPTION. The EilinaM *f 73,000 Killed will sol be Excessive. London, Aug. 31.—Further reports from Batavia I'ate that in the city of Bantam, where 1,800 person! were at first supposed to have perished, the bodies of 2,800 have al ready been recovered. Home 000 inhabitants of the interior town of Waronge are now known to have been killed, and at Talatra, on the coast, 800 bodies have been found. From all over the island come reports of loss of life and property, and it is thought at Batavia that the estimate ot 78,000 killed will not prove excessive. On the lowlands of Batavia, where the waters have receded and quieted down, hundreds of bruised and mangled bodies are lying exposed. NEW YORK. Valuable mastodon Bones. StescOik, Aug. 31.- The mastodon bones found near this city which are regarded by scientists as among the most valuable of the kind in existence have been presented by Pres ident Winslow of the West Shore company, whose men found them, through Mr. Arthur Jenkins of the Byracuse Herald, to the Syra cuse university. This gives the university a set of foBsils that cannot be duplicated by any other college in the world. Drouth In Now England. Boston. Ang. 31—The drouth in easterir New England which has lasted from 3 to 6 weeks nas become serious. Crops have been greatly injured with a nrospeet of still further damage if the drouih is not broken. Farmers have been compelled to take their cows from the pastures and feed them upon winter hay. In consequence the price of milk in many places haB been raised. la it Cholera? MilwAUKKR, Aug. 31.—The south side is agitaied over an alleged case of Asiatic cholera A man named Watohkey was taken sick, and Dr. Ze'lonski, who has had experience in Turkish hospitals, prouounced the disease cholera. Dr. Richards the assistant health commissioner agrees wiili Dr. Zsllonski, but oilier physicians pronounce the case one of cholera morbus. Hoptrnibor Prices of Coal. New York, Aug 31.-The Delaware and Hudson Canal Company announce that the prices of their Lackawanna coal for the month of September will he as follows per ton or 2240 pounds: For. ace, 'um sienner lump and grate each $3.90; egg, S4.30; stove, $4.70; chestnut, 54 80, and pea $3.13. WEDNESDAY’S GALE. Tinny Vessel* Wrecked—The Condition ot a .T number of Them. Halifax, Aug. 31.—The following later re ports of tbe damage done to the shipping b; Wednesday’s gale has been received. The schooner Mary is a total wreck at Mlnadien. The schooner Stellar was driven ashore at Aricbat ond bilged. The sohooner Alice L. M. Crawds is reported ashore at Margarle, C. B. The Bcbooner Mary E. Banks Is ashore at L’Ardoise. The schooner Foaming Billow is ashore at Short Harbor, but 1b likely to be got off, as is the schooner Queen of the Fleet, from Labrador for Luuenbnrg, is reported ashore at English Town, G. B, The schooner J. B. Dol liver went ashore at Scatherie Island, C- B , but will probably be got off. The brigantlna Auuie, from Jamaica for Montreal, 44 days out, is reported as beiDg at Sydney, 0. B., in a leaky condition. A telegram from Gow Bay, O. B., reports that the gale blew there with fearful power. The American brig Atlas and tbe schooners Edward Johnson and Volunteer were driven ashore and all texcept tbe Edward Johnson will probably be a total wreck Tbe Volnuteer was laden wiih coal. 8he had her bottom knocked out. She is uninsured. Tbe schooner Ripple with '-200 quintals of fish on board sank at her dock. Another small craft was wrecked but no lives were lost. The schooner East Augka, which arrived here today for coal, bad one or two other plates started and was strained a little by Wednesday night’s gale. The schooner F inny B , from Gow Bay, G. B., which arrived voway, reports having her deck load ot fish carrlad away during the storm. The schooner Vesta, from Labrador, had to run thirty miles before tbe gale, aud had her mainsail carried away. The schooner Amos B , is driven ashore at St. Pierre, but was floated today. Glocokstkb. Muss., Aug. 31.—A telegram from Holvrood, Newfoundland, reports the schooner Carrie E. Lane ashore aud in a leaky condition. She is owned by Samuel Lane & Brother and is insured in the Gloucester Mutual Marine Insurance Company. WASHINGTON. Patent medicine*. Washington, Aug. 31.—Tbe recent decision of Commissioner Evans, delegating to collec tors in interim] revenue the power to decide whether dealers in their respective districts should pay a special license tax for selling pro urietary medicinal bitters continues to bring oat protests nearly every day from interested manufacturers aud proprietors. Retailers who have heretofore handled this class of goods without molestation under the proiectiou of tiie proprietary stamp tax are now reluctant to run the risk of being compelled to take out li censes, and bave to a great extent stopped their orders. Qreeu B. Raum, ex-commissioner of internal revenue, whose decisions on this sub ject while in office bave been practically re versed by his successor, was asked wh> t be thought of the new order of things. Ue re plied, "I think that wheu Congress has taken off a tax heretofore imposed, it seems rental h able that an executive department should un dertake to impose other taxes from which deal ers in bittern have always been exempted.” The Public Dahl. The estimated decretse of the public debt for August will be about S6.000.000. Quick mails la Ml Louis. Superintendent Thompson, of Ihe Railway Mail Set vice, has ordered the establishment of A line of pi stil cars ou the Pennsylvania road between N» w York, Pi'tsburg, Indianapolis aud St. Louis, the cars to begin running Satur day, Sept. 1st, leaving New York at 6 p. in. Tbe postal Car will arrive at St. Louis on tbe morning of tbe second day at 7 30 o’clock. Our War Vessel* !• Examine Ihe Utraiu *f Sunda. Commodore English, Acting Secretary of tbe Navy, to-day cabled instructions to the com manding officer^ of tbe Juniata and Enter prise, now at Singapore, to proceed with these vessels to tbe Straits of Sunda to examine into tbe condition of affairs there, particularly as to the effect of the recent earthquakes npon tbe islands iu that vicinity. They are ordered to warn all merchant vessels of any aud all dan gers to navigation which may bave been caused by the convulsions. NEW TELEGRAPH COMPANY. AH ihc Employe* min bo Stockholder*. Boston, Aug. 31—One of tile results of the recent strike of the telegraphers is the forma tion of a new company under the general laws of the State of New York, au announcement of which will be made here in the morniDg. The name designated is "The Citizens’ and Telegraphers’ National Union Telegram aud Cablegram Company," and the capital stock is fixed at £5 000,000. with privilege toiucrease. Shares are to be of the par value of £25 each, and no person is to permitted to hold more than £100,000 worth of stock. The object of tbo company is to be the purchase or coustrnc tiou aud operation of an independent telegraph and cable lines ib the United States aud Cana da and across the Atlantic. There are to be thirteen trustees or directors, of whom seven shall represent th ■ citizens and six the tele graphers, who are also stockholders. The exe cutive board consists of eight members, four from each of the classes specified above. The books for subscriptions will be opened Sept. 15th, and as soon as £200,000 is subscribed to the stock work ou the construction will begin, and the lines will be built or purchased and operated as fast then as tbe subscriptions to the stock shall provide tbe means. Precautions are to be taken to guard against auy selling oat of the company. Every employe or officer niBBt be a stockholder. The corporators named hi tbe document are Eugene J. O’Connor, Charles E. Chnte and Thomas W. Green of Boston, and others, whose names appear upon the permanent organization of the company. THE PRESIDENT’S PARTY. No Occasion for Sensational Reports. Washington, Aug. 31.—The Presidential party remained at Allison yesterday so an ex cursion could be made to a narrow point ot view from which the grand canyon coaid be seen. Tbe camp was in a beautiful grove and tbe day was very interesting but uueveatful. All were to start for the Lower Falls yesterday morning as tbe trip is drawing to an end. This is probably as good an opportunity as can be presented to refer to the inventions of news p.pers which have continually published pre tended special telegrams purporting to be from correspondents with the party. No spec ial correspondents have been with tbe party. The falsehood of the pretended specials is ap parent to any one knowing the distances to be travelled in this region. Correspondents would have to transfer themselves and send reports on one day over distances which can. not possibly be passed in ttiree or four days. Their silly stories of personal incidents are not of sufficient consequence to be denied, but the stories of danger to tbe President and bis be ing in bad health go beyond tbe bounds of per missible hoaxes, as misleading the public in a matter of general interest, and for ibis reason it should be known that thero have not beeu at any time tbe slighest grounds for any such stories. The only otner falsehood worthy of mention as being a subject of public luterest is that ou this journey any atten.ion I.as been given by tbe President, the Secretary of War or General Sheridan to a new policy of dealing with the Indians. It such matters were to be dealt with the Secretary of the Interior would be present. It Is sufficient to say that many newspapers have beeu fighting men of straw. MASSACHUSETTW. Hays Be was Intoxicated. Boston, Aug. 31.—Dr. Joseph Williams,city physician in Bunker Hill district, was arrested to-day for an assault on a twelve year old girl. It was committed at the Doctor’s office, wnere the child was sem to requese It's services fur a sick brother. Williams admits the crime, pleading intoxication. He is from Montreal and is about 35 years old, unmarried, aud is quite prominent in medical aud social circles. Telegraph Operators’ Wages Reduced. Boston, Aug. 31.—The operators who re turned to work for the Rapid Telegraph Com pany did so at an increase of 7 per cent, aud Itave uow been reduced to the same basis as that upon which they were paid before tbe strike. It was then understood the Rapid officials claim, that if the strike should Drove a failure the old rate of wages should be re stored, and that tiie hours of labor should be the same as before the strike. This agree ment the Brotherhood of Telegraphers con sented to. JUnlJer will Han Again. The Herald says;—“At a meeting of the Democratic State central oommittee to-morrow representatives of the party will be authorized to carry-home tlieSnewH that Gov. Butler will agaiu be a candidate for Governor. NEW HAMPSHIRE. I,oi «l Chief Justice; < oleridgc, Glbn Hobse, Aug. 31.—Lord Coleridge and party today visited Glen Ellis Falls and points of interest about here. This evening the guests of the house were presented jto him and a pleasant evening was spent in the hotel parlors. Tomorrow he leaves for the Crawford nouse. He has received Invitations from fhe Bar Association of Portland to visit that city and be their guests which has been accepted. Their committee will meet him tomorrow at Glen Station. Guilty of llitziug. Annapolis, Aug. 31.—The court martial for the trial of the naval cadets charged with haz ing began its session today. The case against Cadet Trapwell was first called and he pleaded guilty. LABOR COMMITTEE. President Green's Testimony. He States that the Net Annual Earnings of the Western Union is $8,000,000. Nbw Yobk, Aug. 31— Dr. Norvln Green continued bis testimony before the Senate sub committee OD labor and education lo-day. Tbe witness said that when the strike occurred it would have been fatal to the interests of the company to have yielded,as it would have been an admission that it would be in the power of tbe operators to dictate terms. The relation between tbe company and their employes was regarded strictly by the law of supply aud demand. The salaries paid were equitable and just, and that was proven by the fact that no other telegraph company who paid similar wages ever made any money. Senator George—Is it not the policy of the Western Union to break up combinations of its employes organized for the purpose of securing an advance of wages? Witness—We would not admit the right of a few men to diotate to many on what condition they should work. I have the statements of several of our employes thut the few who con stituted the So-called committee of the brother hood had no right to spt ak for them Q-—Is it then tbe object of the company to protem the free will of its employes? A.—Exactly. To the extent 1 have men tioned. Q-—Do you mean to say tbat there is no ul terior object in your policy toward these em ployes who belong to the brotherhood? A—Tbe fact iliat there were over 200 appli cations in our office for employment showed tbat tbe rank aud Ale bad not entered willing ly into the strike. The subject was then changed, and in reply to other questions the witness said they had expended $20,000,000 in cash, and there was an issue of $23,400,000 in stock shortly after 1800. The total issue of stock was about 839,000,010 In tbe course of furl her remarks on this point Dr. Greeu said:—"If I held the stock of the Western Union and had a guarantee against any antagonistic legislation, 1 would not sell it for $100,000,000. The net earnings of tue com pany are $8,000,000.” Witness was asked whether it was not the policy of the company to crush out all rival or ganizations, and he replied that the lines pur chased by the Western Union were worth more to them than they were to the companies who sold them. (J —Is it not the pylicy of the company to absorb all the other lines of the country? A—We mean to cover tLe entire country— the telegraph business of the country. Take for iiiSiauce the mutual Union which was earning 8100,000 a mouth and spending it. We could earn it and keen most of it. I think there was some talk of buying up opposition lines, but 1 advised against buying up any more We had to buy the Mutual Union as they were a formidable competitor and controlled exten sive railioad Hues. The Western Uuion did not bay up lines to prevent competition. When lines were purchased the profit consisted in the ability of ibe Western Union to do the work of both with little more than the ex pense of one. The consolidation of telegraph companies has not been followed by an in crease of rates except in cates where competi tion has brought the rates down below cost, making an increase of rates absolutely neces sary. Rates have been reduced generally. All of the $80,000,000 stock of the company is dis tributed except about from $30,000, which is still the properly of the company, because in making the division it was not possible to divde fractious. Four railroad companies have sold to the company exclusive right to build and operate telegraph lines, and other companies had granted the privilege with ibe reservation teat it should be only as far as they bad a right to grant such a privilege. We have always had competition. We control business because we have the longest lines. There is 75 per cent advantage in having a telegraph on a line of railroad. Rates are constantly being reduced The 25-eeut area is now extended and a mes sage can now be sent 4000 miles for 81.50 There is no substantial consolidation, combina tion or union of the railroad and telegraph companies." The witness in the farther course of bis testimony said they bad some times found it necessary to secure legal ser vices in the matter of negotiations. On the subject of free passes, the witness said: “We have given out a great cumber of free telegraph passes to legislators and various high executive officers. They were merely of a complimentary character, as there were mauy prominent men who desired to let peo ple know of their movements and to send messages to their families or personal irteude. Inasmuch as a number of these com plimentary pisses had been returned, the com pany was not particular about issuing them nniess they were solicited. In regard to the relationship existing between the Western Union and the Associated Press, Dr. Green said it was purely of a business character, and as it was an exceptional business it required a special contract. The Associated Press claims the right of property in news which they ob tain, as they have their own methods of getting it, and they do ali in their power to prevent any one from counteracting them, as for in instance in persons setting ap all night to get the earliest paper here in order to send spec 1 ials to California. The Committee adjourned till Monday when Dr. Green will be further examined. FIRES. Chemical Works Burned. BEnxjpoRT. Ct., Aug. 31.—The Marcelin chemical works, Black Kook, were burned this Ioienoon with nearly all tbe stock on hand. The fire is supposed to have originated by the breaking or exploding of a carboy of acid. Loss on building and fixtures $35,000; on stock $30,000; insured about $28,000. The works were owned by a stock company of which Mr. N. G. Miller of New York is presi dent. At Lynn, muss, Lynn, Aug. 31 —A large fire was raging all day yesterday iu the woods betweeu Lynn, Saugus and Lynchfield. Acres of woodland were burned over, and the destructive ele ment was fiercely raging at last accounts. An alarm wis rung in at 3 o’clock yesterday after noon by reason of woodland fires back of Pine Hill. At North Andover. Lawrence, Mass., Aug. 31.—The house of I. P. Newcomb, at North Andover Centre, was destroyed by fire this morning. Loss $6, 000;insured. Plaining mills Burned. Milwaukee, Aug. 31,—It is reported that the p.auiug mill of Eidridge & Sous in Fott Howard, on the oppoeito side of the river from Green ;B*F> was burned this morning. The mill was the main industry of the town. Loss said to be heavy. Later advices place the loss at $200,000; in surance $60,000. One million feet of lumber and five cars were burned. The cause of the fire is said to have beeu the friction of a pully iu the mill. Elsewhere. The dwelling house of John Tobin, In Med field, was bun.ed Thursday osternoon. Cause, a defective chimney. Loss about $500; fully covered by insurance. There Is a wood fire of half a mile front at Hopkinton, and a large force is fighting the flames. The ice house of William Parker at Pitts field, N. H., containing 75 tons of ice, was burned Wednesday evening. At Vincennes, Ind., yesterday, the 8pring Lake ice house wss burned. Loss $40,000 Thomas Carroll’s house and Wm. H. Sulli van’s barn, in Westboro', were burned on Wednesday night. The dwelling house of Mr. Kzeklel Webber in SBecoak, Mass., was burned yesterday after noou. Cosh $16,000; uninsured. The Postal Telegraph Pushing Its Wires. New York, Aug. 31.—Contracts to the amount of $1,500,000 for the construction of new lines have been awarded by the board of trustees of the Postal Telegraph Company. Lines of two wires each will be built from this city to Boston, BufTalo, Pittsburg, Fosto rla, Ohio, to Toledo ami Chicago to St. Louis. Two wires will be added to the wires already strung between New York and Chicago. The lines are to bo completed according to the terms of the contract by |Jauuary 1st. The ca pacity of the copper wires now up between this city ami Chicago is equal to 20 wires, and will be doubled by Ihe additional two. John W. Mackey, the president, will leave this city for California in a few dayB, but lie will see the work fairly under way before lie leaves. AFralil II* Woiildu’t Succeed. New Havkn, Aug. 31.—John A. Moran, who oame here last Monday from Norwich to go into business, had bought out a hat store within a day or two, aud this morning at his hotel tired four bullets from n revolver into hiB bead. Hs recovery is considered doubtful. When found, after firing the shotB, by a police officer, he had a razor in bis hand, which was snatched away. His parents live in Camden, N. J, and he has been steward on tho steamer City of Worcester Thd'deed is ascribed to doubt about, success in business. He has brothers In Norwich. Ait Attached I.ocouiotive Stolen in Ver mont. Newport, Vt., Aug. 31.—Last night un known parties stole the engine seized from the Southeasteaitern road several days ago. Au engine from Canada brought several meu, who overpowered the helpers, hitched on the detached locomotives to their machines aud made rapidly for Canada. The Trias Cattle l ever, Detroit, Mich., Aug. 31.—The Texas cattle fever has brokeu out in this city in a lieid of a milkman in the western part of tho city. The whole herd is infecied and several have al ready died. A herd of forty-one steers bought by a Genesee couuty farmer for feeding so ue four weeks a,o have ulso been attacked by the disease and five have already died. SPORTING. The Fishermen Win. Portsmouth, N. H., Aug. 81.—An exciting race was rowed on the Piscataquis river this afternoon between a six oared crew of the Uni ted .States ship Portsmouth; in the commodores six oared gig, and six local fishermen in a seine boat, over a course two miles long, for 880 a side. The fishermen leading from the stert to the finish and crossed the line winners by 15 lengths. Time 15 minutes, 10 seconds. The wharves were lined with spectators. Begatia on Ihc Pasaaic-X.ee and IIowner Win. Newark, N. J.. Aug. 31.—Tjial heats in the professional rowing regatta took plaee on the Passaic river this afternoon. The course was three miles with three turns. For the first heat the starters were George Gsisel of New York, Wallace Boss of St John, N. B., George W. Lee of Newark, and William Elliott of England. At the end of the second mile Elli ott and Gaisel stopped rowing and there was a desperate contest between Lee and Boss for the heat, Lee finally winning in 18.48, Boss’ time being 18.51. The second beat was be tween James A. Ten Eyck of Peekskil), John McKay of Halifax, George. H. Hos mer of Boston and James H. Biley of Saratoga at the start Hosmer led. Ten Eyck, second, making 3d., and Biley fourth. At the end of the first mile Hosmer still led and Ten Eyck was second with McKay pushing him hard. It was evident that Hosmer was to have an easy victory. Hosmer won by a boat length tu 17.58i Teu Eyck second in 18.02. Base Ball. At Philadelphia—Provideuoe G, Philadel phian 3. At New York—Bostons 4, New Yorks 2. FOREIGN. The Trouble* in Croatia. Pjcvth, Au* 31.—Herr Tisza, president ol tlie Hungarian council, has notified the Ban ol Croatia that the Hungarian arms, which were removed from the official buildings in Agram by the Croatian malcontents, must be re placed. The Ban hesitates to obey the order, and thieatens to resign rather than carry u out. Tbe Bishop of Agram has remoustrated with the Ban iu regard to its proposed action. The ministers have resolved to resign unless the Austrian government sanctions the pro posed measures for settling the troubles iu Croatia. The Agram Gazette says that the Ban of Croatia has promised to fulfil Herr Tisza's or ders regarding the replacement of the Hun garian arms on the official bnildiugs, provided the people offer no resistance. The Ban is convinced, however, that the Croatians will never sanction the printing of official placards in tbe Hungarian language. France strongly Bepublicau. Pakib, Aug. 31.—Jules Ferry, French prime minister, in an interview, said that the Count de Chambord’s death bad iu no wise disturbed the government of France. He declared that if a general election were held to-day, hardly a Royalist, would be returned. The Royalist demonstrations in France, he said, would be severely repressed and if the Count de Paris should issue a manifesto be would not be al lowed to return to France, or if he did return be would be expelled. The Dutch Arctic Expedition. London, Aug. 31.—A despatch from Van doe, Norway, states that the steamer Obi has arrived there with the members of ihe Dutch expedition to the Arctic which sailed iu the steamer Varua. The Varna foundered July 4th, in iat. 71 north Ion. 63 east. The mem bers of the expedition were rescued near the land ot Waigalz. The crew of the Varna left Dijumphna on August 1st, aud were rescued by i he Obi August 25th. 4Vur Between Abyssinia and Bhoa. London, Aug. 31.—It is reported that the Kmpemr of Abyssinia having been heard that King Meneled, of Shoa, intended to seud au' ambassy to France to solicit a French protecto ate over Shoa, has declared war against King Menelek. Au Abyssinian army has already invaded Shoa. Muaprcletl Dynamite Conspirator* Arres ted. Six persons suspectected of having been con nected with the dynamite attemps in Glosgow ou the 20th of last January, when the iargest gasometer in the city was blown np and other property destroyed were arrested in Glasgow last night. Financial Crises in New Granada. Panama, Aug. 31.—The Promotor, (newspa per) of B-noiquUla, declares that the moneta ry crises in that important commercial centre has assumed an alarming phase. The Nation al bank has refused to grant discoants for sometime past and now the Barronqnill, Mar quis and Americau banks refuse to discount bills. There is a great scearcity of corn, as it baa paid better than to shio it than to purchase bills of exchange at the high rates current. China l’rrpariug for* W ar. London, Ang. 31.—The Standard's despatch from Hong Kong says the uneasiness oyer the Tonquiu affair is unabated. The movements of the Chinese troops continue. The French admiral is watching events closely, and is in constant telegraphic communication with the French ambassador at Pekin. The French reinforcements are considered to be sufficient, as at least 10,000 men will be required. A det gltch from Hanoi says the recent defeat of oulett is generally krowu and that the Chi nese are greatly elated thereat, which feeling the downfall here has in nowise checked. Fortiga Note*. Tbe French harvest returns are unsatisfac tory. The tower of the new Catholic church at North Sydney, C. B., was carried away, and a large wooden building moved from its founda tion by the storm of Wednesday Digbt. The storm extended for miles in this vicinity bat no serions damage is reported. A despatch from Zanzibar says that Herr Fischer, the German explorer, has returned from the interior of Africa. The Czar and Czarina of Russia will remain in Denmark a month. Daring July there were eleven deaths from yellow fever among the foreign populai Ion at Panama, and the deaths among the poor classes of foreigners and natives, not made publ c twice that number. The treaty of peace between France and Anuam was sillied on the part of the latter conuuy by Heiphema, who represents tbe peace party, because Viaulan who succeeded Kiug Tuduc fled with the army at the ap proach of tlie French. Herr Tisza, president of tbe Hungarian council, in order to put a stop to the outrages upon Jews, has decided upon severe measures winch are to be put iuto operation wherever antl-Jewish riots occur. The deaths from Cholera Thursday number ed 327 in uppor Egypt and nine in lower Egypt The repairs to tbe steamer St. Germain, which was damaged by a collision with the steamer Woodbury last Sunday morning, will be completed at Southampton. An election was held lu Rutlandshire, Eug laud, lyeBterday to till the vacancy in the House of Commons cansed by the resigna ion of the Rt. Hon. Gerard James Noel, Conserva tive. James Lemther,Conservative candidate, received .800 votes, and Davenport Handley, Liberal candidate, 194 votes. A Negro Hanged. St. Joseph, La., Ang. 31— Esau Smith, colored, was hanged to-day, for tbe murder of Esau McCann, in AugnBt, 1870. Soon after his convictiou and sentance in 1875, he broke jail and remained at large until June last, when he was arrested at Vicksburg and brought here. Since his last incarceration he has made several attempts to break jail, succeeding at one time, and making his way for a distance Of half a mile before being recaptured. MINOR TELEGRAMS. Telegraphic communication between New York and Boston was delayed about an hour yesterday by a fire at Fairfield, Conn. The assembly of the Knights of Labor of the United States begin a session of several days duration at Cincinnati, September 4. Postmaster Walsh of Janvier, N. J., was ar rested today upon the charge of embezzling 3154 of postal funds. Gougeon & Roby leather merchants have failed for 15.000 at Montreal. They offer five cents on a dollar. The Gen. Bartlett Ashore lu Saco River. Yesterday afternoon, steamer Gen. Bartlett, Capt Chase, left Saco with an excursion party for Old Orchord. She arrived at Old Orchard all right. Just after entering the Saco, on her return, she took on board a pilot, nnd.the ves sel was put in his oharge. He had been at the wheel bnt a short time when the vessel struck a rock and knocked a hole in her bottom. The steamer S. E. Spring hauled her off, but she was found to be making water so fast that it was deemed imprudent to proceed, and she was run ashore on the bank of the river, where she now lies full of water. She will probably be pumped out and got off to-day. How much she is damaged cannot be ascer tained until she is lloated. The Gen. Bartlett is owned in Haverhill, and is under charter for the season to Mr. E. Ponce. Highway Kobbery in Vinalhaven. A bold and desperate highway robbery was perpetrated at Vinalhaven on Tuesday even ing. Mr. J. E. Leach, sou of Mr. E. F. Leach, dealer in sewing machines in Bockland, went to the island Tuesday, to sell machines and make collections. He took a team at Carver's Harber and went to North Haven. After transacting his business there, he started to re turn to Carver’s Harbor, it being between 8 and 9 o’clock in the evening. On a piece of level ground, his horse was suddenly stopped and a man standing near the forward wheel of the wagon demanded money Mr. Leach struck the man with his whip and then struck the horse, but a second robber was holding the animal by the bits. Mr. Leach was then dragged from the carriage by a third member of the party and what money he bad with him, about $12, was taken from him. The robbets then departed without harming Mr. Leach In the least, though be struck one of them severely in the faoe when he was drag ged from the carriage. Doubtless the robbers supposed that Mr Leach had considerable more money than be actually had, as they evidently knew and were watching for him, and knew the fact that when collecting he frequently returns . with a large sum of money. The scamps are still at large. Meetings at Old Orchard. Old Oorchard, Aug. 31. Summer yields np tbe scepter with her sweetest smile. Tbe fragrance of the balsamy pines mingled with the invigorating breath of Old Ocean make an air to breathe which is reason enough for living. Tbe audience today has been folly np to tbe average. Spirited social meetings, impressive altar services and stirring sermons have filled the time from dawn till eventide. Kev. E. I. D. Pepper, of the Central Cbnrcb, Philadelphia, preached at 10 a. m.: “And for their s ike I sanctify myself, that they also might be sanctified through the troth”—John xvii:19. At 2,30 Rev. Wm. McDonald, of the New England Conference, preached an able sermoD on “Personal Holiness,” taking for his text, “Having therefore these promises, dearly be loved, let me cleanse ourselves from all filthi ness of the flesh and spirit, perfecting holiness in the fear of God.” The meeting for young people led by Mrs Inskip was attended with great interest Re quests for prayer and professions of faith fully occupied the time. Tbe meeting was pro tracted considerably beyond the hour for clos ing. Rev. Mr. Griffin preached an instructive sermon at 7.30 p. m. The new system of lighting is a great im provement upon the lamps. The effect is charming. Dr. Charles Cnilis was present at the after noon service. The Doctor has been at Inter vale Park snperiutending tbe improvements making upon his new summer place of wor ship. Tbe Holiness meeting will close Tuesday noon instead of Tuesday night as before an nounced. Riverside Items. The annual reunion of tbe Coleman family was held in Liberty Hall, Tuesday, tbe 28 h iust. Nearly 40 members of tbe family were present, representing eleven towns and three States. The day was spent in social and liter ary exercises. A basket luucb was served at noon, and all present declared tbe occasion pleasant and successful. The family is one of the oldest in this section of tbe State, dating back to 1G02, the family record including ten generations. An association was formed three years ago, and an effort is to be made to look up the various branches of the family and increase tbe membership of tbe association so that future reunions may even be even more extensive in scope and character. A party of over GO from Riverside enjoyed s pleasaut excursion on Tuesday to Bradley’s Island, in Cbiua Lake, near East VassalDoro. This island is becoming quite a resort for "mall pleasure parties, who desire a day of va ried recreation with tbe absence of the an pieast features of a large and too frequently mixed crowd. Tbe lake is one of the most beautiful sheets of water in the State, and the island is well fitted op with bowling alley croquet ground, dancing ball, aDd other facil ities of amusement. Tbe genial proprietors, Mr. A. M. Bradley & Son, provide ample means of transportation to tbe island, having a small steamer and several fine sail and row boats, and extend every conrtesy to visiting parties. Mr. E. G. Rideout, tbe New York publisher, was on tbe island during the day. The Maine Manufacturing Company propose soou to increase the force in their box factory so aa to run night and aay. They are engaged in the manufacturing of small wooden boxes for jewelry, silver ware and almost every other couceivable purpose. Tbe process of working up the wood is a very interesting one and the fineness and delicacy of some of the work is qnite surprising. Delta. OUR RAILROADS. The Statistics for the Past Year. Large Increase of Buslnesa and Augmen tation of Capital Stock and Liabilities. According to the “Manual of the Railroads of the United States for 1883,” by Henry V. Poor, a volume of 1055 pages, full of valuable and interesting statistics, lately issued, at the close of the year 1882 there was a mileage of 113,329 miles, 11,591 having been constructed within the year. The average mileage oper ated for the year was 107.158. The amount of share capital issued by the several compan ies up to the close of their respective fiscal years was $3,436,078,196, an increase from the previous year of $385 254,585. The funded debts of the several companies amounted to $3,184,415,201, an increase from the previous year of $352,554,496. Their floating or un funded debts amounted to $255,170,962, an in crease of $42,404,965 from the previous year. The total iucrease of share capital and of fuuded and floating debts from the previous year equaled $780,213,776. The total amouut of all liabilities at the close of 1882 was $6, 895,664,359. The total per . mile for completed mileage was $61,342. The total of stock and liabilities for 1881 was $6,105,540,583; the amount per mile, $59,985; the total for 1880 was $5 373,015,928; per mile, $58,949; the total for 1879 was $4,872,017,517; per mile, $57, 730. The gross earnings of all the roads for their several fiscal years of 1882 were $770,396,710, an increase from the previous year of $67, 066,511 Of the gross receipts, $202,140,775 were received from passengers, $506,367,247 from freight and $61,848,734 from miscellane ous sources. The net earnings lof the year were $310,682,877, aud iucreasei of $24,929,100 from the previous year. The amount of inter est paiil was $149,295,380, an increase of $20, 708,078 from the previous year. The amount of dividends paid was $102,031,434, an in crease of $9,687,244 from the previous year. The percentage in 1882 of gross earnings to investment was 11 2 per cent.; in 1881, 11.5; in 1880, 11 4; in 1879, 10.8 The percentage of net earui jgs to investment In 1882 was 4 5 per cent.; in 1881/4 7; in 1880, 5.1, and in 1879, 4.4 per cent. The earnings per mile of all the railroads operat-d for 1882 were gross, $7188; net. $2899; in 1881, groes, $7527; net, $3040; in 1880, gross, $7435; net, $3293;in 1879, groes, 6652; net, $2761. Since 1879, a period of three years, there have been opened in the Uuied Stales 28,019 miles of railroad, and 10,463 miles were opened the past year up to the close of the fiscal years of the several companies. The extent actual ly opened daring the calendar year was 11,591 miles. The increase of share capital and indebted ness of the railroad companies for the three years ending Dec 31,1832, was $2,023,646,812, the average cost per mile of the new mileage being, in ronud numbers, $70,000. The in crease in the three years of the funded debts of the several companies has been $864,926,029; of their floating debts, $98,289,910, the iwo sums amounting to $963,215,939, a sum equaling something over $30,000 per mile of line. The cash cost of all the railroads constructed in the United States in the last three years did not exceed, probably, $30,000 to the mile, or $900, 000,000 in all. To this sum is to be added at least $150,000,000 derived chiefly from earnings exended ln^improvemeuts of old Hues. Ills safe to estimate that the actual o<sh expendi tures upon all the railroads of the United Slates within the past three vears did not ex ceed $1,060,000,000, a sum $973,616,842 less than the increase, iu tue period named, of capital and indebtedness of the several companies. Of course such an enormous increase of lia bilities over actual cash outlay is to be greatly regretted, and is well calculated to create a distrust of all aecu'ities, good and bid. Iu most of the States the general railroad laws forbid the Issue of sh ire capital unless its full equivalent is paid; but these are avoided by contracts by which a certain amount of stock aud bonds are issed iu full pay ment for the construction of agivou number of miles. Ill all Stales, probably, statutes against usury cannot tie pleaded in avoidauce of rail road bonds They can, consequently, be issued aud| sold in auy amounts and at auy price, the ouly limit being the refusal of the public to take them. Taught by the disasters of the past, we are probably entering upon a more healthy period iu railroad construction. It is now seen that in such States as Ohio, and even iu the State of New York, no exteut of additional mileage which has not for its ob ject the development of a particular interest— coal, for example, which is fast supplanting wood as a fuel—will add materially to the amount of earuiugs in such States, the ex isting mileage in such supplying all the means aud facilities wauted. Iu such States, con sequently, with the reservations made, no new mileage of any considerable extent can be con tracted at an advantage at all compensating for the unprodoctive outlay. The same may be said of new lines built nominally to serve as carriers between the West and the East. The existing lines are capable of transporting twice or thrice the tonnage now offering, or ihat is likely to offer itself. The retail of all each new lines will be to divide business with, and thns weaken, tbe old; or, unable to com pete, their stocks and bonds mast remain com paratively valueless. Their want of success will serva to check tbe farther construction of all undertakings of the kind. Indeed, tbe on certainty which prevails as to the value of the enormous mass of stocks and bonds which has been pat npon the market in tbe last three years is exerting a very salatary influence in checking or postponing new enterprises till the results of the past can be more clearly seen. The construction of railroads In this country seems to proceed in great waves In recur ring periods it becomes tbe absorbing passion of oar people. All this is very natural. No enterprise is so seductive as a railroad for the inflnense it exerts, the power it gives and the hope of gain it offers. Every community, no matter how well supplied, eagerly welcomes a new line, for the money its costs brings it, and the promise It offers of lower rates of transpor tation. When there has been a considerable pause in the construction of railroads and tha traffic of old lineB, which, without rivals, keeps pace with the progress of the oonntry, tbeir success is predicated of every new line, wher ever situated, no matter how wanting in real merit it may be. In a highly excitad state of the public mind the promoters of new enter prises have, for a time, everything their ewa way; for the argument on the other side can only be presented by the result itself. There never was a period in oar history in which, in he construction and consolidation of railroads, 'he good sense of our people was so thoroughly at fault as in the period from 1879 up to and including 1882. There can be no doubt that he country is vastly richer and stronger than it was in 1873, and that there it no reason to apprehend the terrible disasters that followed bat year; oar confidence In oar vast strength baa probably led tc excesses wholly diapropor 'ionate to onr needs or means. These remarks are to be received not as dis couraging the construction of new lines into new tenitory, nor in the older States when called for in the develomnent of miniog indus 'ries capable of unlimited expansion, bat to pat an end to those purely speculative schemes, 'be only object of which is the manufacture of securities for tbe purpose of imposing them upbn the public. Attention should also be called to tbe enormous increase, for the same object, of stock and bonds of old companies, of which culpable examples might be given. While It is not probable that we shall ever again witness tbe construction, in a single tear, of 11.500 miles of railroad, such cnnstruo 'ioo will continue steadily and rapidly nntil <mr present mileage ia doubled in extent. There are now, or soon will be, font great lines 'raversing the continent from ocean to ocean. These lines render every portion of it accessi ble, and will serve as tranks from which branch lines will radiate in every direction. Included in the available area of the United States are 3.000. 000 square miles. A ratio of one mile of railroad to ten square miles of area will give 300,000 miles of line. Construction will pro ceed uninterruptedly until snob an extent of mileage is reached. It is to the credit of the railway interert that, so far, there have been bat very few defaults In the payment of the hoods of railroad compan ies. Tbeir floating debts, though large in the aggregate, create no embarrassment. It is also a remarkable evidence of the wealth of the conn try that the expenditure of more than 51.000. 000 for every day for three consecutive years—many almost wholly supplied by onr own people—has created no strain in onr mon ey markets. This, perhaps, is not so mnch to be wondered at, as uations of the Old World, having mnch less wealth than onr own, spend annnally upon military and naval establish ments—expenditures in one point of view wholly unproductive— sums greater than are expended annnally in this country upon rail roads. It is greatly in onr favor that by far tbe greater extent of mileage constructed within the last three years has been in new tarritory, so that should tbe investment in them he whol ly sank the loss would be more than compensa ted by the advantage resalting from opening np vast tracts of fertile territory to settlement. The construction of railroads, no matter tbe scale on which, within tbe past three years, it has proceeded, is not likely to create anything like the widespread disasters that followed the breakdown of 1873, however mnch individuals may snffer. Many of the greater interests of the country are in a sound condition. There has been no andne speculation in real estate, that sure precursor of financial disaster. Tbe embarrassments of railroads, whatever they may be, will be that of a single powerful inter est, and will not, es they did in 1H?5, multifile every other in the country. ■*« The nnmber of passengers transported in 1882 on the railroads cf the New England group of States having a popniation of 3.990, 529, was 65.220,934—a number 16.3 times great er than its whole population. Tbe nnmber transported in Massachusetts was 48,063,639, e number greater than for any other Stale. The number transported in the middle gronp of States having a popniation of 12,196,876, was 205,844,626; or deducting 86,161,029 carried on the New York city elevated railroads, 119,* 683,597—a number vory nearly equaling ten times its population. The nnmber transported in tbe Southern grrnp of States having a pop ulation of 12,255,910. was 10,875,511, a nnmber 1,379,399 less ibau the popniation of this gronp. Tbe number transported on the railroads of tbe Western and Southwestern gronp having a popniation of 20,132,325, was 89,240,331—s num ber 4.1 times greater thau its population; the low average for this gronp arising from em bracing in it the Southwestern States. The nnmber transported on the Pacific gronp hav ing a popniation of 1,393,817, was 10,510,410—a nnmber 7.5 times greater than its popniation. Tbe total number transported on all the rail roads of the United States, the past year, not including tbe New York elevated rcauls, was 289,190,783—a nnmber equaling verv nearly six times the total popnlatioD, 50,442,066, of the United States in 1880. The number of passengers moved one mile in the New England group was 1,107,045,086, at a charge of 2.1 cents per mile; in the Middle States group 2,356,226,676, at a charge of 2.3 cents per mile; in the Southern group 559, 577,836, at a charge of 2 6 cents per mile; in the Western group 2,708,268,037, at a charge of 3 2 cents per mile; in the Pacific group 351,* 942,279, at a charge of 3.1 cents per mile. The total movement on all the roads equalled 6,834,018,765 persons moved one mile, at a charge of 2.86 cents per passenger per mile. The number of tous of freight transported on the part of the railroad* in the New England gronp of States was 28,605,416 (tons, being 7 tons per head of its population. The number of tons transported in the Middle gronp was 166,372,589, the number of tons moved per head of popmation being 13.6. The number of tona moved on the railroads of Pennsylvania, per head, was 23.4 The number of tons transpor ted in the Southern gronp was 19,199,096, the number of tons per head being 156. The number of tons transported iu the Western gronp was 140,791,848, being 7 tons per head. The nnmber of tons transported in the Pacific group wae 0, 526 426, being 4 tons per head. The number transported on all the railr ads of the Uuited Slates, the past year, was 360.490,375 tous, tba average tons moved per bead uf population be ing very little over 7 tons. The number of tuns transported oue mile on the railroads of New England group was 1,680,009,065, at a charge of 1.7 cents per ton per mile; in the Middle Slates group, 14,233 884.685 tons, at a charge of 1 cent per ton per mile; on those of the Southern group, 2.040,078,971 tons, at a charge of 18centsper ton per mile; ou those of the Western group, 20,133 946 667 tons, at a charge "f 1.2 cents ner ton per mile; on those of the Pacific group, 1,211,289,85 9, at a charge of 3 1 ceute per ton per mile. The total move ments ou all the railroa< s of the Uuited State* for 1882 equaled 39,302.209,249 tons moved one mile, at an average charge of 1.2 cents per ton per mile. While the tonnage of the railroads of the United States can be determined with suffi cient accuracy, the value of this tonnage pre sents a much more difficult problem. The tonnage upon the Erie Canal, the gr< at pioneer work of the country is classified under the followiug heads: "Products of Forests,” "Products of Animals,” “Vegeta ble Food,” "Other Agricultural Products^#"" "Manufactures," “Merchandise,” and "Other Articles.” On the canal the value of each class is estimated by its officers or the shipper. So long as the canal was a large carrier of all Olasses of freight the average value of its ton uage was about fifty dollars. Its value is some what less now, the tonnage of the canal being confined to only a few articles. The railroads of New York are required to classify their freight aco >rdlng to the canal schedules Fol lowing the canal valuation, and estimating the Products of the Forests at 520 per ton, the Products of Animals at 5150 per ton. Vegeta ble Food at 540 per ton, other agricultural pro ducts at 540 per ton, manufactures at $25 per tou, merchandise at $250 per too, and other ar ticles at $20 per top, the value of the tonnage transported by the New York Central Railroad the last year was $725,000,000 At the average value of the tonnage trans poriou by this road, $60 per ton, the ag gregate value of all the tonnage transported on the railroads of the Uuited States the pash year was $22,011,533,700. A large amount of the tonuage of the railroads is twice'or thrice reported by different and connecting lints. If we estimate these duplications to equal one third of the whole, the value of the uet ton nage transported by our railroads was, say, $15,000,000,000—equal to $300 per head of tbs population of the country. Railroad experts are the best fitted to form a correct estimate in such a matter as this, but it is not probable that our own are uxcessive; the probabilities are that it (is below rather than above the mark. The vast extent aud variety of its products, with railroads to give them easy access to the markets of the world, give fall assurance that the commercial supremacy which the United Stales uow enjoys among the natloos is to be maintained. The enormous extent of our ter ritory has the edeot io fact, to give uniformity of seasons and of crops; while such is their vigor and versatility, that a year or two, at most, sntlices to correct the mistakes that may be committed, aud restore to them a prosperity which is the law, not the exception.