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V OL LXII N° 20.239. L & N. OFFERED TO MORGAN. JOHN W. GATES SAID TO HAVE PROFFERED CONTROL TO SOUTHERN RAILWAY COMPANY. CORNER DENIED. BUT STOCK FLUCTUATES WILDLY. An Important conference on Louisville and Nashville was held at the office of J. P. Morgan & Co. late yesterday afternoon, lasting until 7 o'clock. At that conference, it is learned on high authority, the control of the Louisville and Nashville was offered by John W. Gates and his associates to J. P. Morgan & Co.. presum ably for transfer to the Southern Railway Com pany. Whether or not the negotiations were completed and the offer was accepted could not be definitely learned. Those present at the conference were (Jeorj;e \\ rVtaSMS and "William P. Hamilton, of J. P. Morgnn & Co.: John AY. Gates. J. F. Harris. head of the Stock Exchange house af Harris, Gates & Co.. in which Mr. Gates is a. special partner, and Edwin Hawley. president of the lowa Central and Minneapolis and St- Louis i-nadF. who recently, with his associates, ac quired control of the Colorado and Southern Railway Company. Talbot J. Taylor was pres ent for a short tim^. but on leaving the meet ing he fibsolutely refused to pay anything about his mission. Mr. Perkins and Mr. Hamilton were similarly non-communicative, and Messrs. Gates. Harris and Hawley. when efforts were made to see them uptown in the evening, de clined 10 meet reporters. The purchase of the controlling interest in the [galrmi- and Nashville, according to The Trib une's information, has been effected by a syn dicate of eight or nine members, including Messrs. Gates and Hawley and John A. Drake. J j. Mitchell and Isaac L. Elwood, of Chicago. It is paid that the syndicate owns or controls fully three hundred thousand shares of the ptoek. out of a total capitalization, including the fifty thousand shares recently sold, but not yet listed on the Stock Exchange, of six hundred thousand shares. A considerable part of the evndlcate's holdings, however, is understood to wP T*cent their unlisted stock, which will not ■be* "good delivery" for about three weeks to come and shares sold by foreign holders on contracts for delivery within the next week or fortnight. POSITION OF THE DIRECTORS. | There is good reason for believing that the directors of the Louisville and Nashville, or those of them who have been engaged in the Market operations which have cost them the control of the property, sold their investment holdings some time ago. and were also short of the stock. As for the fifty thousand shares of treasury stock put upon the market within the last few days, of which they are technically Bhor . because these shares are not yet a good delivery it is understood that an arrangement Has been effected under which delivery of this stock will not be enforced before the expiration of the thirty days which, under the regula tions of the Stock Exchange, must elapse be tween the application for listing a stock and the actual i'eting." Mr. C, B t*s ; *ald yesterday after 1 t rime will l-<° r.o corner so far as I .and my parr Tare concerned., I starfd prepared to loan itoS to those who urgently -want it- I cant speak for others. rhf . course of Ixiuisville yesterday afternoon ■ssscsted the possibility of a corner. Opening "wide" with sales of five thousan.l shares at r*V-., to 121 T -. the stock at 2p. m., after various Sj» and downs, stood at !*%■ A half hour jgSB • v.as ISO. and inside of five minutes shot Sato 133. jumping from 131* to 13J^ in a single BIG CLrBHOUBB ADDITION. THE DOWNTOWN ASSOCIATION TAKES A LONG LEASE TO NO. M PINK -ST. Aji increase in the membership dues of the Downtown Association is explained by arrange ments for Increasing the facilities of the club. On V.*v 1 the club will have control of the four ■sry building No. »V 4 Pine-st.. adjoining the torse and handsome building owned by the club a Nos. 00 and >>- Pine-st^ and will begin im mediately to remodel the building as an ex tension of the clubhouse. The addition will provide space for a fine library, a jvoman's re ception room and lavatories, and will permit an increase of dining room in the main building. The Downtown Association is one of the most prosperous and exclusive of the clubs, for mid day meals and social meetings on the lower part - cf Manhattan Island. It was Incorporated in f April. 1 SCO. and for years it has occupied the fin* building which fronts in Pine-st. and tuns through the block to Cedar-st. It has a mem bership of 1 .<."»<». limited to that number, with - a lon» waiting list, to insure full membership. The entrance '.<■■■ is •Sl"> ( ', and each member has ■-j paid So«l annually in dues. Beginning with the .-[ annual meeting. In May, the membership dues K*III be raised to $": making the annual In come of the club from dues alone $7r>,000. - 3. Lawrence McKeever. the banker, at No. 71 "Wall-st., has been treasurer of the club many ■sars. He said yesterday that the club never had been in a better condition. "We have no thought of increasing the membership of the club,*' he said, "but we have decided to increase the club's facilities, and that is the reason for raiting th- club dues. We have secured a long hats of the building No. 04 Pine-st.,. owned §J the isshep estate, and will have control of '' on May 1. We cannot buy the build ing, so we shall have to remodel it as it stands. ■I make It an annex to the clubhouse. It is s pity the club could not have bought the prop erty at aw. time it bought its four lots in Pine ar.d Cedar sts. for the present clubhouse. I understand, however, that the lease can be re tnewed at the expiration of the long-term, and tie club probably will keep control of the prop v '"■ for a great many years." A member of the committee having charge of the i"<--r.Kem«rnts for increasing the dab's facili a*i «%id: I The building at No. 04 Fine-st. Is to be en "«y remodelled for the use of the club. On fie found finer will be a well appointed worn to s reception room, additional lavatories and •satrer.m* These will be connected with the naa:n aoor of the clubhouse by doorways cut inrough the walls. The second and third stories fii the bunding will be made into one story and Vl '■> on* large room, which will be a library for , me club. This will enable the present library t Yt '•*• r«raoved and additional timing spaces in |V r^ .^thouse provided. There has been need iw incrtased fining space in the clubhouse, be- It^nse rr.ore of the members take their lunch eons th«re daily than formerly, and many of 'n*-in in»lte friends to eat with them. We shall «»ve. u-th the additional room, all the facilities ?ist •*■(■ need. ; - no ro los angeles AND return. CoD^r^'^™? 1 * Ralir ' 111 A rU 1& to 26- account sale. From "Ntt It plunged down to 128 at the close, a net advance for the day of SV4 points. HEAVY BUYING Kirn SYNDICATE. It seemed evident that the sensational ad vance was due in part to short covering, but it was thought that it might also have represent ed determined ;.nd heavy buying for the long account by the Gates syndicate to enable it to go Into the conference later in the day with a clear majority of th<- stock of the road. There was a run, or that Mr. Behnont and his asso ciates were buying .stock in the hope Of retain ing control, but few credited tills story. The stock kmn>'d yesterday afternoon at 3 per cent, a rat-= which gives no indication of an impend ing corner, and several houses In the street made known their willingness to lend it it" de sired. The sharp, upward rush of Louisville in the last half hour demoralised the rest of the mar- Ket. St. Paul, for example, which had sold after 1' B'dock from 168 up to 17". dropped to K',7 in a Eew sales and rallied to US at the dose. There was uneasiness everywhere over the Louisville and Nashville situation and commis sion houses were sugßestin^ to their customers to withdraw from the market until things be came more settled. A tew stocks besides Louis ville made big gains, notably Chicago and Northwestern, which advanced •"• points in the !.".st hour and closed at IMS ]- points above Saturday's close: and Omaha, which advanced I<| points en sales of only ->*> ahares. No expla nation of their strength was obtainable. ILLINOIS CENTRAL STRONG. Illinois Central was strong on reports that that road might take over Louisville and Nash ville, advancing to 14"eV but the late slump carried it down to L 43. and it closed at 143%, a net gain of only :; i of a point. The Southern Railway issues were n.it especially prominent, the common gainii.g only i s and the preferred losing t& point. WHY SOUTHERN RAILWAY NEEDS IT. As already said, the offer of the Louisville and Nashville control to J. P. Morgan & CO. virtually means Its absorption by the Southern Railway Company. The road Is in a. sense a rival of the Illinois Central, but it Is the Southern Railway with which its lines are closely interlaced. Con trolling Louisville and Nashville, the Southern Railway would have a direct line between New- Orleans and Cincinnati, from which point the Monon, which is a Morgan proper ty, would give it entrance to Chicago. At Memphis, too. a western terminal of the Louisville and Nashville connection is made with the Choctaw, Oklahoma and Gulf, which it is understood the Hock Island has ac quired, a system which is now controlled by the Moores. who are Identified with the First Na tional Bank party, allies of J. I*. Morgan & Co., and it is not unreasonable to suppose that the Rock Island would share in the benefit of ac quisition of the Louisville and Nashville by the Southern. This alliance, indeed, would give the Rock Island access to The Atlantic seaboard as well as to the Gulf. Edwin Hawky is rather closely identified with the Harriman interests, who dominate the Illi nois Central, and his presence in the Gates syn dicate is taken by some to Indicate thai in the disposal of the Louisville and" Nashville the Illi nois Central's Interests will in some effective way be safeguarded. Louisville, April 14.— Regarding a report which has been sent out from New- York that Attila Cox, of this city, a director of the Louisville and Nashville Railroad Company, had confided to John W. Gates the fact that .•v.'>.<h»(>.(Mmi of new stock would be issued, thus giving him the in formation which led him to try to gain control of the Louisville and Nashville road. Mr. Cox said to-day: "The whole thing Is untrue from beginning to end. I never once had a conversa tion with Mr. dates on the subject, and never had any correspondence with him." STALLED FOR FOTR HOURS BRIDGE CABLE " BREAKS AND CAB LEAVES THE TRACK. There was ■ blockade on the Brooklyn Bridge ralltoad last night, beginning In the middle of the rush hours and lasting for nearly four hours. It was caused by the rear car of a train leaving the track just as it started up the grade at the en trance to the Brooklyn terminal. Four other trains were stalled on the south roadway of the bridge until the tracks were cleared. These trains were filled with passengers, most of whom stayed on the cars until they reached Brooklyn. Many of the men passengers took chances and picked their way over the ties and girders to their home borough. It was j*list about 6:30 o'clock when the accident occurred. A "ripper" wheel, 'one of those on which the cable runs, under the last car of the train in volved, caught a loose strand of the cable. The cable was broken, and the car was Bent jolting from the rails. The passengers were all violently shaken up. but. according to reports, none were in fared enough to require medical attendance. The train dispatcher at the Brooklyn terminal m once sent word to Manhattan to stop sending out trains. This was done, but four trains were already on their way to Brooklyn. The moment the gripmen felt the slack of the cable they stopped their trains. It was a lons wait until relief cam.-. By 10 o'clock ■ wrecking crew had got the car on the track and fastened down the loose «ond of the cable. Motor cars were then sent out and brought the stalled trains, which had been using the cable and had no motors, to the Brooklyn terminal. While the blockade was on. shuttle trains were used on the north roadway, but were, of course, entirely inadequate to relieve the congested condi tion at the Manhattan terminal. BPETER d- CO. CONTROL c/KK'TWY. MORE THAN kmm SHARES OF THE STOCK DEPOSITED IN THEIR FAVOR. Philadelphia. April 14.— More than 155.000 shares of the stock of Choetaw. Oklahoma and Gulf Railroad had been deposited with the Glrard Trust Company in favor of the sale of th« road to Speyer & Co.. of New-York, up to the close of business to-day. The total shares of Choc-taw is sued are 296.000. This settles finally the question of ownership of the road, which will go to the New- banking house and, it is expected, will be turned over to the Rock Island system. The minority holders have until May 7 to accept the offer made, which is for the purchase of all common stock at $80 and preferred at $60. The par value of each class la $50. rttiCß <>!' COAL To 00 ' /' WAT l IVCI.EASE (MX 1" CKNTS A TON TO ROTA II.ERS THKN Franklin H. Knowcr. a member of the firm of Jeremiah Skidmore's Sons, coal dealers, at Thlrteenth-st. and Fourth-aye.. informed a Trib une reporter yesterday that the retail prices now at 080 to $•'•> a ton for red ash coal of fine grades' up to $7 2.". and $750. brought to the house but not put in the cellar, were about the Fame as the price last April. The wholesale dealers, however, were now charging higher nrices on cortnin sizes. ' ;;> ,: :'.•'- rin May 1 Mr. Knower said, an increase of 1(1 cents a ton' would be charged retailers, and an additional 10 cents a ton would be charged re tall"rs for each of the five months succeeding. NEW- YORK. TUESDAY. APRIL 15, 1002. -FOURTEEN PAGES-.b^aS,,.. MARSHALS TO BE TRIED. COMPLAINTS AGAINST SEV ERAL El LED WITH MA VOR. DISTRICT ATTORNEY PREPARING TO HELP THK TRIBUNE CRTJSADK ICOTHEB AND KAKY STARVING. Official machinery is at last in motion, and after four years of immunity the city marshals who nave assisted in the oppression inflicted by the instalment dealers on the poor and the ig norant will now receive little mercy at the hands of the present administration. T,he Tribune Is in a position to announce positively that early in May the marshals against whom complaints have been preferred will be tried by Mayor Low. This was confirmed by John C. Clark, the Mayor's counsel, who was seen by a Tribune reporter yesterday. Beyond admitting lhat a number of complaints were awaiting Mr. Low, Mr. Chirk would n.>t discuss the subject further. It may be safely asserted, however, that those men who have put all the machinery of a pub lic office at the service of the instalment sharks, who have assisted in every possible method of intimidation, will receive little sympathy from an administration which is pledged to the cause of the East Side. District Attorney Jerome is ready to act, also. Now that he is settled not many blocks from Ludlow Street Jail. th« practices that are daily resorted to there will not long escape his atten tion. When seen by a Tribune reporter last ni,?ht. he offered to detail Mr. Kressler to ln vesUgate the situation. He turned over to him The Tribune's account of the scenes witnessed in Ludlow StrePt Jail last Sunday. JEROME INTENDED TO FIGHT IT. "That is one of the things I came down here expressly to fight and put an end to," Mr. Je rome continued. "I know, of course, about these cases and have experienced the difficulty of get ting evidence from the people that would stand the t p st of court. The people are so ignorant that when they get on the stand they become so confused that they go al! to pieces. I shall be glad, however, to press any cases The Trib une may give me. I am well aware of the abusr thru Is iti thl« sort Of thing." The Legal Aid Society has t;ik>n still more active steps to secure additional evidence against certain marshals against whom it al ready has a large bulk of evidence. Special In vestigation bas been started and valuable re sults are already In the hands of H C. King wait, the director of the Rlvtagton-st. office. Still anothrr force- directed against the mar shals and the instalment dealers is the District Attorney's office in Kings. To-morrow mori.ing the case of Tadero Itesario will be placed In District Attorney Clarke's hands and a speedy action Is assur'-d. Tlii^ case, which has been explained in detail in The Tribune, is the best example of some phases of the practices em ployed by the instalment dealers and connived at by ihe marshals. Instances of outrages perpetrated by the In stalment dealers, usually with the assistance of some marshal, continue to multiply. John Pal ralerij who defended thy Lupla case, an account of which was published In The Tribune laM w«*tk, had another rase to record when seen by a reporter- yesterday. Late In the week the Rev. Filotco ragMalatels went to the lawyer's office, accompanied by a poorly dressed woman, who carried a baby in her arms. Assisted by the clergyman, she told a story of the suffer ing brought to her home by the instalment deal ers. The story as it appears In the affidavits made by the woman and her husband Ib as fol lows: DEMANDED KOBE THAN WAS DUE. Angelo Serra. the husband, a Genoese Image maker, of No. L\ <»::>♦ Kirst-ave.. purchased a watch chain and some "muslin from a firm of In stalment dealers and agreed to pay ?'Ji» T."> in weekly instalments of 7-"> cents a week. For two weeks following the signing of the contract S-rra paid his instalment regularly. Then for three v eeks the collector failed to come around, although Sena had the money waiting for him. At the end of this time the agent called and demanded ■<•"!. As only $2110 was due and Serra had become disgusted with the way the thing was conducted he declared that be would give back the goods. "Yes, you will." was the rejoinder. "Do yon think we are in business to take back goods?" "But it's In the contract." said Serra. point ing to the clause in the agreement which pro vides that the buyer must return the goods if at any time he cannot me»t the payment. "Trnt's all right," said the "ollector. "1 won't take back the stuff, and if I cant get the money this way I'll try some other." With that he de- Pa! ted. About a week later Serra pot a summons to appear In court on March 1!». At this time he appeared, but the case was adjourned at the request of the plaintiff. Serra returned home understanding from the collector that there had been some mistake and that there was no in tention of suing him. This was the last that Serra h«»ard of the case until April .">. when he was suddenly ar rested by a city marshal, and without warning committed to jail, where he still is. WiFK AND BABY STARVING. Meantime the wife and baby of the prisoner WPre reduced to a condition of starvation. Mr. Palmier! told a Tribune reporter yesterday that both the woman and the child were In a wretch ed condition when they came to his office. The lawyer is trying to bring about the release of the man. K. C. Rfngwalt, the attorney of the Legal Aid Society, had another interesting case 111 Ought to his attention yesterday. This case illustrates another trick that the instalment dealer can call to his assistance. The case as recited in ihe affidavits taken by the Legal Aid Society Is as follows: A German, named Koernig, bought some prop erty from an instalment dealer named Reiss. For this he paid in regular Instalments, making the fin' I settlement on Sunday. On Saturday he received notice from the hank In which his savings were deposited that there was a third party order against his account here. Koernig at once went around to investigate. He found that the claim against him was made by a man named Buchalter, of whom he had never heard before. This man had some weeks ago secured a Judgment in the City Court on what is legally known as a verified complaint, asserting that Koernig had been behind In his payment. Investigation revealed that Relss had made over his claim to Buchalter. After mak ing over his claim. however. Koernig alleges that Reiss still continued to collect the weekly instalment. The defendant alleges that he re ceived no notice of the Judgment. THOSE THAT PAY ARE HOUNDED. Still another set of instalment cases was called to the attention of The Tribune by Michel Rinl, of No. l-'itl Elizabeth-Pt. In a little tenement, surrounded by a colony of his countrymen. Rini has a tiny law office. To him come hundreds of Italians who have fallen a prey to the avarice and the extortion of the instalment dealers. Their wrongs and their sufferings are felt keen ly by Mr. Rinl. whose eyes flashed as lie told in brok<n English the story of outrages he has seen. "Oh, it is ter'ole, ter'ble!" said he. passion ately. 'Kv'ry day I have one. two, three, oh. many, many cases. They are shameful. I show C »ntlm«Ml on ••■tenth vt|«. HILL AMONG THE BRAVES THE EX-SENA TOR A T NINON'S LOVE FEAST. HACK AT "THE CLUB" AFTER LOXG ABSENCE— BUT GENERAL WHEELER GETS THE CHEERS. The tomtom of Tammanyized Jeffersonian Democratic harmony was beaten with great vigor last night at the Democratic Club. In Fifth-are., but not with the success that Lewis Nixon, the new boss of Tammany Hall, had hoped for. Ex-Senator David B. Hill, after an ab sence from the Democratic Club of seven years, trod its velvet carpets last night once again, and listened to soft phrases from the unterritie.l 'Tom" Grady, who, at the last State convention, passed up epithets to Mr. Hill instead of bou quets. To the Tammany men who are just be ginning to feel the gripes of the poverty coming from being out of office. it was a night of. harmony. All kinds of Democrats, with the ex ception of Sheehan Democrats, were there. The Tammany Democrats no longer call the friends of John C. Sheehan by the name of Democrat. They are nothing but "guerillas." No "guerillas" were invited to the harmony feast last night. Senator Hill delivered much the same speech as he has been giving in the last six or eight years on the anniversary of Thomas Jefferson's birth. He started off with a whirlwind of applause from the Tammany braves, and wound up with another whirlwind, presumably because the double whirlwind was on the cards, and was arranged for by the speakers' committee before hand. But the interim, covered by Mr. Hill's labored outlining of Democratic issues and prin ciples as he would have them, brought forth, only occasional evidences of approval. The real, live attraction of the evening was General "Joe" Wheeler, who was prevailed upon to attend the dinner on the plea that it was a truly Democratic love feast, and that all the Democrats of the United States, pretty much, were to be on hand. General Wheeler was in troduced as a hero and a Democrat, and as soon as he stepped on to the little platform in the main parlor of the Democratic Club, used last night as an assembly room, he received a cheer ing and hand clapping that could be heard for blocks. There was a ring of the right kind of patriotism to his words when he said: "Every American mother for two centuries has taught htr son that the greatest honor that Is possible for him is to give his life, if need be. for the honor and prestige of his country. It is these teachings, coupled with the teachings of Thomas Jefferson, that have made our country the magnificent country that It is to-night." THE BRAVES APPLAUD. This was so different from what had been expected in the line of politics and issues that the Tammany men broke loose with great vigor and sincerity in applauding General Wheeler. The speakers list last night contained the names of ex-Senator Hill. James M Origgs, Chairman of the Democratic Congressional Cam paign Committee: General "Joe" Wheeler. Sena tor Thomas F. Gra'ly. ex-Governor Robert E- Pmlson of Pennsylvania, and Thomas Ball. Invitations to ..tte.J the dinswr had been sent, to all tut members of the Democratic National Committee, the State Committee, representative Democrats in all the counties of th- state. Dem ocratic Mayors of the State, all Democratic State Senators. Supreme Court Judges outside of New-York County, and sheriffs and county clerks all over the State, together with a few Democratic Congressmen outside of this county. The club was profusely decorated with bunting and cut Bowers. As soon as the guests arrived they were decorated with JeffersosJaa badges, Ex-Senator Hill started oft the love feast by shaking hands with Judge I> Cady Herrirk. his old political enemy In Albany County. Only a few of the. Kings County Democrats were present, but these Included Senator BfcCarren and ex-Police Commissioner York. C. V. Pomes, president of the Hoard of Alderman, was the only fusion official present Perry Bel mont made his appearance at the club after an absence of about two years. Ex-Controller Coler, Henry D. Hotchkiss. Arthur A. McLean, Elliot Danforth and Chairman Frank Campbell^ of the Democratic State Committee, were among the guests. ■ Mr. Nixon, who presided, spoke briefly about the spirit of harmony which he and others in the Democratic Club now seem to be striving for. Referring to M-Senator Hill, he said: "We have In our midst"— then he stopped long enough to notice John F. Carroll wink his right eye— "we have in our midst,' said Mr. Nixon, "a distinguished Democratic leader, and we abate none of our pride in his record as Gov ernor of this State when we compare it with the record of his race ssors." (Great applause.) HILL COVERS A WIDE RANGE. As Mr. Hill stepped forward to speak he stepped under the outspreading branch of a large palm, a leaf of which trembled and be gan tickling him in the back of the neck. He ducked his head a trifle when two Tammany braves rescued him from his embarrassment by rushing forward and grabbing the Inanimate tormentor of the orator from Wolfert's Roost and jamming the foliage back against the wall. Mr. Hill then began an analytical discussion of the character and teachings of Thomas Jeffer son, starting out with State rights. Mr. Hill read his speech from manuscript, and it wasn't many minutes " before the corridors began to hum with conversation. Then Mr. Hill touched on centralization of power is viewed by Jeffer son: then home rule, taxation, public and pri vate, opposition to standing armies, interna tional bimetallism, opposition to dangerous com binations of corporate capital, extension of free Institutions. Philippine policy, the election of United States Senators by the people— taking, in fact, a text from all the old Democratic sign boards reaching back to the time when Thomas Jefferson was a young man. Mr. Hill declared that the Republican organi zation in this Stute "has recklessly and au daciously sown the wind, and it will surely reap the whirlwind this fall." He said that the Republican machine was an oligarchy, and had intimidated the free and untrammelled judg ment of the Judiciary. In referring to what h.: considered a political outrage, he made «i "break." H" scored the State administration for creating an officer known as a county au ditor for Saratoga County, and then admitted that Governor Odell had vetoed the bill. He characterized the Governor's policy toward charitable institutions as a raid upon them, and closed his long address with a discussion of the State taxation, which he said was practically as heavy now as it was last year, and that th>- ex panses of government amounted to $9,000,000 more now than when he himself was Governor. Bdward M. Shepard started his remarks by saying "I'm sure I'm touched," and before he could finish his sentence with the words "by this welcome," a number of men looked over toward the spot where John F. Carroll was convonina with about six of his friends. Mr. Sh.-p.u.l s.i.l that the political sky was lightening in every direction. Ht 1 complimented tho addres.-. • I Mr. Hill and Mr. C.riggs, and then sat down clone by the side of Senator Thomas F\ Gradv. whom he applauded vigorously as he rose to apeak. The speaking was continued until ■ late hour- TO TAX GRAIN AND FLOUR. SIM MICHAEL HICKS-BEACH'S FIDGET PROPOSALS A SURPRISE TO PARLIAMENT. REVENUE DEFICIT GREATER THAN WAS EXPECTED London, April 14.— The statement showing the revenue and expenditure, presented in the House of Commons to-day by the Chancellor d the Hxchequer, Sir Michael Hkks-Beach, when opening the Budget announcement-;, showed a total ordinary expenditure tor LlMtt-*O3 estimated at fcIU'U^UMW. with war Charges amounting to £4.">.4r»»,WM). making a -rand total of £174.WK».WM>. which is £12,998.086 below the total (of Ml-'tft H« estimated the revenue for this year, on the basis of the present taxation, at £1 47,7>.">.0n»». not including: the cost of grattlities at the end ot the war, the transporting of tfOOpa home, etc. The Chancellor of the Exchequer estimated the total deficit for the present year at £2fi,824,0©0. To the deficit most be added £1H.000,000 to £17.tM>0.000 additional war expenditure. The revenue from the new taxation h expected to be £5,160,080. After borrowing £32.000.1)00. the Chancellor of the Kxcheq ner will make up the deficit by draft on the Exchequer. Following are the chief provisions of the budget: A duty of threepence per hundredweight is imposed on all imported grain , , A duty of five-pence per hundredweight n imposed on Bom aim meal. The income tax is increased a penny in the pound sterling. A penny tax is imposed on dividend warrants, and. twopenny stamp- must be placed on checks, instead of one penny, as heretofore. The duties on wine. beer, tobacco and tea are not changed. There is no increase in the duty on sugar. The sinking fund is to be suspended. A BLOW AT FREE TRADE. BRITONS STIRRED BY CHANCELLOR'S PROPOSALS IN RE GARD TO PEACE. ( r <ir!nl.'. ir^j. Mv The Tribune Association.) Imperial to The Tribune tv Fr»nch CMIC-1 London. April 14.-Mr. Kriiger. besides "stag gering humanity," has driven the last nail in ,he coffin of free trade. Sir Michael Hicks- Beach has required considerable pressure, and hA has yielded reluctantly. Sir Robert differ.. who was onre the hope of the stern, unbending Cobdenttea, has been coaching him in the col umns of "The Time?," and at last his cue is taken. The taxation of corn is resumed, although the abolition of the corn laws was the supreme end of Cobden's agitation, which converted Eng land into a pioneer free trade nation. The hand/, on the dial plate, as devout Cobdenites will say. are now turned back. Sir Michael Hirks-Beach sought to minimize the importance of new taxation by describing it as a revival of the registration duty on wheat and flour. which Lowe ought never to have repealed, and which had nothing to do with „ -..,... i^- ■■>■■ JIM, ■m:-^JU*w*^ '■■■■ ''' Harcouft dM not allow the House to be deceived by sophistries, and characterized the taxation of food as incompatible with the free trade system. The budget speech created a great sensation in the Home of Commons, where the extent of the deficiency and the nature of the new taxes were surprises. Experts had estimated the deficit inaccurately at &>.<*»&» or 125,000.00 ft It was £2«>,KM.000, and was increased to £41. 000.000 by the sea transport of soldiers and the gratuities at the close of the war. The Chan cellor of the Kxchequer declined to tax sugar. tobacco or wine, but added a penny to the in rome tax. a penny to check stamps and intro duced a three pence registration duty on grain. and five pence on- Hour and meal. After pro viding for £~> liiO.ooo by this new taxation, he proponed a fresh loan of ES&MMIIQ covering the balance by Exchequer bills. The budget speech contained fewer jokes than usual, for Sir Michael Hicks-Beach appreciated apparently the seriousness of the departure from the policy handed down by two genera tions of free trade financiers. it was received with mixed signs of doubt and approval on the government aide, and with evidence of delight and relief by the Opposition benches, the de moralized Liberal party having at last found an issue on which all factions could unite. The usual comment made was an expression of surprise that the government had waited until peace was in sight before abandoning CoVden's principles and had restored the registration du ties on grain and flour for the sake of raising i;j ( ;..-iiH.(MH. which might have been obtained by increasing the sugar duties This budget speech was clear evidence that Sir Michael had yielded to pressure from Jo- Michael had yieMe.l to pressure from Je» seph' Chnraberlaln. The Secretary of the Colo nies evidently mam determined to have duties »■ foodstuffs ordered before assembling an imperial conference when the colonial premiers arrive here for the coronation, so that there could be some basis for th» preferential treatment of Canada and other colonies. Mr. Halfoni-s admission that communica tion had bee if received from the Boer leaders through Lord Kitchener served to explain the wrtraoi* ,, y ir Cabinet conferences. Attempts were made by news associations and by dispatches from Holland to minimize the message. As :i demand for din< t wire communication with I'trecht was successful, the British Government cvi lently has been sounded respecting preliminaries of peace. The press is on guard sgahsst illusion*, but there is ■ hopeful feeling that the end of th ■ wai is near. Lord Kitchener's budget of war news, with British successes in three sections of •be theatre of war. fhat in General Delarey's quarter being more decisive, ought to be helpful is. convincing the Boers of the hopelessness of the struggle. The Canadian lacrosse team, under the lead ership of Captain Wheeler and Vice- President Keller, with Melr >=c MacDowell as stage mai, ager op. neo a series of over fifteen matches with English and Irish teams. The first match, against Kent, yesterday, was won hands dow-i. the brilliant passing of the Canadians bshsj a surprise to the spectators^, The players after ward dined with the head master of St. Dun- Btan'fl Collet-. There will be contests at Ox lord. Cambridge, Leads, Manchester. Bsjfcsi and other districts, and a determined efTort will be made to nopularize the Canadian SjaSBS I. N. F. m:\v ZKAi.AM'i:us ftOLLZB 0 a wkkck. London. April H.-The casualty list publish, | this evening shows thai the Bth New- '.ea land Regiment lest thirteen men killed ar fifteen n>en injured OS Aprd 12 hi a ra;lroad accident eear BiacHivie. . LOW KATES TO UTAH AND MONTANA, niirinr- 4 nril the New York Central and the West Shore will sell colonial tickets to Salt Lake. i Ogclcn, Butte. Helena and Anaconda at very low I rates. Inquire at ticket om^e.-Advt. PRICE THREE CENTS. THE BriMrET SPEECH. SIR MICHAEL HICKS-BEACH'S LONG EXPECTED STATEMENT IN PARLIAMENT. London. April 14— Chancellor of the Ex chequer. Sir Michael Hicks-Beach, rose hi the House of Commons at 4:UT> p. m. to-day to make the Budget statement. He declared the last year, had not been exceptionally prosperous, but there was nothing to depress the country. In spite of the fact that thousands of workmen had been removed from productive labor by the "war, the revenue figures showed no diminution of business at home, while there was a satis factory increase of foreign trade, and there was no reason for thinking that there had been any falling off of the consuming power of the/ peo ple. There had been a heavy slump in the re ceipts from tobacco, spirits and beer, but there was .1 great increase in the consumption of tea and cocoa. The decrease in the receipts from spirits and tobacco was due to the forestalment of the duty during the previous year. He was in the exceptional position, for a Chancellor of the Exchequer holding office during a severe war. that for two year* past the revermoJoA ■ «cc*ed«l-''M'J aoiWpatTori!'. 'IMS I '£$? yea¥**T>y £.M::.tMM». when his total deficit, including > '■:■■'. war expenditure of t7r*..l!>"-:."«»> for South Africa and China, was £."2,."»-l-4,(.i00. THE SUGAR AND COAL TAXES. Proceeding to deal with the receipts of last year in detail, Sir Michael Hicks-Beach said the si:t:ir tax was most successful. It brought in t;..".H>.ti»H>. against his estimate of £5.100.000. The export duty on coal produced £1.314.01111, which wa? *»!."*> above the estimate, while the prophets of evil were so far from being justified that the exports were higher than in the case of any year except the record year of ISD9. It would be difficult to convince him that the tax should lie repealed. Passing to the wine duties, which it had been suKg-stf! to him should be increased, the Ch tn •eUm said th-- receipts from wine had dimin ish-d by tns.ixHi. He thought it absolutely hn posslbta to obtain more revenue from that source. The tobacco receipts had fallen off. Tobacco was nor a growing trade, and, there fni r . the revenue was not increasing. He ex pected a better yieli, however, this year, as he w.i ild not Tgwtli hare to cope with a forestal ment el duty. The death duti-s had produce.l t1.'..."»05,tm0. Then had t n S material-decrease in the consumption of beer. He had seen if set forth that brewers w» re covering; the higher duty by derreastag thS gravity of their beer. Possibly their I'istomers h:ul not fully appreciated the diluted article. ENORMOUS REVENUE FROM INCOME TAX. Though the death duties were a useful life buoy, to the Chancellor of the Exchequer, the real ship which bore him safely through the stormy seas of national finance was the income tax. which last year yielded £:J4.*«>O."<n>. or £1.0Cl>.0»)0 above the estimate. This fact led him to hope that, though the tax was a heavy burden in some cases, the instances were not quite so numerous as many people believed. The account of the. national debt was not st» satisfactory. It now stood at 17 >*»'<. ••**•. the funded debt showing an increase of £."►>*.♦ «♦!♦>.♦ chiefly due to the consols loan of last spring. The cost si the war for three years was £1 '»--»,« >,T4,<h>»>; but. in addition to the hope of re piym.-nt from the wealth of the Transvaal, there was their share in th- Chines- indemnity, which was a very valuable asset, and would probably be devoted to a reduction of the war debt - *- The Nationalist BSSSSbSSS ironically SSBMBSfI the reference made l>r the Chancellor to the Transvaal After touching on various details the Chancel lor turned to th- prospects of the future. He estimated the expenditure 'or the coming year it £174.G«t1>.000. The revenue on the present basis of taxation was £147.7S.x<KM>. leaving a deficit of ■_>.>_- -: This would be increased £Is.."i«^».(mhi by gratuities to the troops and, bringing the soMiers home, the maintenance of the South African Constabulary, and the cost of the International Sugar Convention, etc.. mak in. a gross deficit of. upward of £43^000.000. V>"Alt A CO.-TLY THINO War was ■ costly thing to wage, and a costly thins to terminate. After the war .-...> over there would be the great expense uf the relief and resettlement of the two colonies and the re stocking of farms. He hoped that when durable, peace was made Parliament would be gener ous, and loan money for restocking the farms, not only of those who fought on the British side but of those who had been honest enemies' and whom they now hoped to meke friends, and for railroad and other enterprises to !<.TVt to develop the two States. It was his duty not to take a rosy view of the cas?. but to provide for the Wat He had hopes of a happy result from the conference in South Africa, but he ha put them aside. Preparations for the continu ance of the war were ;he best guarantee of peace. The Chancellor proposed to suspend the stnk-