The Minneapolis journal. [volume], April 26, 1901, Image 1

About The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939

Image provided by: Minnesota Historical Society; Saint Paul, MN

                
THE MINNEAPOLIS JOTTRNiHE
PRICE TWO CENTS.
WALL STREET
IN A WHIRL
Speculation Has Grown Into
a Reckless Frenzy.
PERFECT CRAZE TO BUY
Conservative Men Are Predicting
Trouble Ahead.
ENGLAND IS JOINING IN THE RUSH
Western Clique of Speculators
Known us the "Waldorf
> Crowd—Gould.
BUREAU OF THE JOURNAL,
No. 21, Park Row.
The Wall Street Boom.
April 26.—Speculation has taken hold of
Wall street and is tossing it about as
though it were a chip on the crest of a
tidal wave. It is an inverted panic that
has been sweeping the street off its feet,
for every one has been in a frenzy to buy.
None but the most conservative have tak
en the trouble to think of what the end
ing will be and the men who express
doubts of present conditions being able to
last forever are laughed at by the great
jnajority for their pains. The financial
iistrict for months has been in a turmoil,
which has been growing more and more
intense with each recurring day until the
fever has engulfed not only the entire
city, but the entire country, and to a
certain extent, the entire world. The
public is money mad and it is no wonder
records have been smashed to smith
ereens and then resmashed and each suc
cessive record smashed again until it is
impossible to keep track of the exact
number of shares that constitute a day's
record on the Stock Exchange. It is no
wonder Exchange. seats have been mount
ing in prices by $3,000 and $5,000 a day
until no one knows exactly what a seat is
selling for and in fact no one really knows
a broker who is offering his seat for sale
at any price. Eighty thousand dollars Is
cheap for a seat, basing its value on the
business being done daily. Even a two
"million-share day is becoming common
place now that the Exchange has seen a
day with over 2,500,000 shares recorded
on the tape, and at least a auarter of a
million shares unrecorded in the rush of
business which was such that the wonder
was the clerks could even record as much
business as they did.
The Craze to Buy.
' Wall'street'has been crazy to buy for
weeks and months, and instead of becom
ing satiated, i's mind, is fairly running
away with the delirium. It is no wonder
-men' stop in fear; speculators r have been
recklessly overtrading their accounts,
banks have not been reckless, but unques
tionably they have been overlending on
their securities, while brokers have per
mitted customers to have far more credit
than conservatism and the best business
principles would dictate. All cannot be
rosy for all time and trouble is ahead; it
may not be for long, It may not be seri
ous, but there must be regulation some
where.^'^
This may sound pessimistic and bearish
and be laughed at by the younger genera
tion of speculators, but it is logical and
will be found sound.
The Organization Microbe.
After the election last November specu
lators began to tread air and tie or
ganization of the Morgan Steel giant sent
them up ln a balloon. From that time the
consolidations of industrials and the com
binations of railroads have been coming
so fast that it is not to be wondered at
things have gone as they have. The
seeculators and the manipulators are not
to blame for the fever, but unless the air
brake is applied, and speedily, too, there
will be a crash the like of which has been
seldom seen. The increase of values by
the fiat and other well-known Wall street
means has gone a long ways and is preg
nant with disaster. Not that the bottom
will fall out of the market, not by any
means. It ls too firmly there, and there
is withal a good bit of reason back of the
tremendous increases in values. Only
they have been made with injudicious ra
pidity. The world of finance has eaten,
yes, gorged itself,, at a rate that defied di
gestion. It must have a period of coma
to let Its interior organs catch up with
Itself, else there will be stomach trouble
Jt a serious, though not fatal or lasting
nature.
England Catches It Also.
America has not alone been affected for
our English brethern have been as crazy
to get their money in "Americans," as
they call our securities, as we have been
ourselves. This has been one of the fun
niest incidents of the big advance. At
first the Englishment started out after
election as bears. They believed our mar
kets had discounted the result. After
fighting the advance for months ana
standing big losses the Englishmen hesi
. tated and resolved to watch things a bit.
For a short time they held aloof and then
pitched in to bull the market at a rate
that surprised the men on this "side of
the Atlantic. They have been accumu
lating stocks by the hundreds of thou
sands until it is now estimated that our
friends the Britons possess some forty
millions of dollars worth of American se
surities.
The Billion-Dollar Week.
When the present week started in the
men of the financial district wondered
seriously what. was coming. They carried
over from the preceding week a total
.business of over 10,000,000 shares traded
in, with one day, Friday, April 19, as
the record for the b*ard, a shade under
2,600,000 shares having been officially re
corded on the tape that day. The total
for th/> week represented over $1,000,
--000,000 at cash values and was ; stagger
ing to contemplate. Yet so confident of
further recklessness were the members
of the "Waldorf clique" that on Sunday
night bets were freely laid in the cafe of
that famous hotel, which, has been
dubbed the "uptown curb," on the Ex
change seeing a day within the present
*eek when . the tape would show more
than two and. a half million shares
traded in. Men who bet on this conting
ency on Sunday night cashed in their
>ets ;on Monday night for their figures
■pere reached inside of twenty hours after
ihe : bets were made. The machinery of
ihe Exchange has been. taken to the limit
to handle the immense volume of busi
ness and the strain is by no means ended.
No, Friction Yet.
Yet all- has run ' along without slip or
friction; not a failure has occurred and
not a firm has become so involved as to
I require j outside : help. This is in the face
of - the fact -, it has not infrequently oc
curred that houses in reality perfectly
Continued on Fourth Page.
HEME AFTER
THE COMBINE
Injunction to Block the Cop
per Trust.
P BEHOLDER'S ACTION
Demand j Made for the Full Terms
ci Deal.
COMBINE WILL FIGHT THE SUIT
Movement Against the Combine Has
Been Expected Since It Was
Announced.
Special to The Journal.
New York, April 26.—Legal steps have
been taken to prevent the consolidation
of the Boston and Montana and the
Butte and Boston copper companies with
the Amalgamated Copper company.
A temporary Injunction has been granted
by Vice Chancellor Pitney in Jer- j
sey City restraining the Amalga- j
mated Copper'" company from purchasing ;
control of the stocks of the two companies
until the full terms upon which the deal
will be made are disclosed to the stock
holders. The order is returnable May 6. "
The application for the injunction is '
signed by Calvin O. Greer, who states:
that he is the owner and holder of 104
shares of stock of the Amalgamated Cop
per company.
The Complaint.
In his bill of complaint he prays for
a writ of Injunction restraining'and en
joining the Amalgamated Copper com
pany, its directors and-agents, from pur
chasing or taking over by way of exchange
of securities or for cash any of the stock
of the Boston and Montana Consolidated
Copper and Silver Mining company or the
stock of the Butte and Boston Consoli
dated Mining company upon any terms
whatsoever in excess of their actual value,
and not until the terms offered these
companies have been submitted for ap
proval to the stockholders of the Amalga
mated Copper company.
The complaint also asks the court to en
join and prevent the directors of the
Amalgamated Copper company from hy
pothecating, mortgaging or creating any
lien on the property and present assets
of the company or creating any indebted
ness whatever to take over the two Boston
copper, companies, until the stockholders
of the Amalgamated company are fully
acquainted with the terms of the deal,
which are to be approved by them.
The injunction granted incidentally pre
vents any increase in the capital stock of
the Amalgamated Copper company.
A director of the company said that
stubborn opposition to the injunction
would be made in the courts. .
Supposed' HHnze Move.
The movement against the union of the
three big copper producing companies has
been expected ever since the information
became public that the deal was in prog
ress. It was quietly reported that a de
cisive blow would be struck by the cop
per interests that have been antagonistic
to the big Standard Oil property since its
formation, and Augustus F. Heinze, who
has been conducting a prolonged litigation
in Montana against the Amalgamated
Copper company, was frequently men
tioned as being the instigator of the
movement in case it took a definite
course. . v . y-y.
HEAD JERKED OFF
Rope Breaks at Hanging of "Black
Jack," the Outlaw.
HE CONFESSES ANOTHER CRIME
In. a Letter to the President He Says
Innocent Men Are in
Prison.
Clayton, N. M., April Thomas E.
Ketchum, alias "Black Jack," the train
robber, was hanged at 1:21 p. m. The rope
broke, but the fall jerked Ketchum's head
off.
Clayton,, N. M., April Thomas E.
Ketchum, the train robber, whose hang
ing was fixed to take place here at noon
to-day, mailed a letter to President Mc-
Kinleythis morning in which he says:
Standing in the presence of death, where
no human aid can reach me, I desire to
communicate to you some facts which may
perhaps be the means of liberating innocent
men.
There are now three men In Santa Fe
penitentiary serving sentences for the robbery
of the United States mail at Steins Pass,
Arizona, in 1897, viz: Leonard Albertson,
Walter Huffman and Bill Waterman, and they
are as innocent of -the crime as an unborn
babe. The names of the men who committed
the crime are Dave Atkins, Ed Bullin, Will
Carver, Sam Ketchum, Broncho Bill and my
self. I have given to my attorney in Clay
ton means by which articles taken in said
robbery may be found where we hid them,
and also the names of witnesses.who live in
that vicinity who will testify that myself and
Bang were In that neighborhood both im
mediately before and after the robbery.
The fact that these men are Innocent and
are suffering, impels me to make this [ con
fession. While you cannot helf me and while
I realize that all efforts to secure to me a
commutation, of my sentence have signally
failed, I wish to do . this much. in the In
terest of these Innocent men who, so far as
I know, never committed a crime in . their
lives.
I make this statement, fully realizing that
my end is fast approaching and that I must
very soon meet my maker. ■
Thomas Ketchum, alias "Black Jack,"
has been the most noted, desperado of the
southwest for many years, and although
I it is said that he boasted of having taken
the lives of many fellow beings,, his exe
cution was for. an attempted train rob
bery in which nobody was killed.
Near Fctsom, N. M., August 16, 1899,
Ketchum singlehanded held up a Colorado
& Southern passenger, train. He ordered
the engineer- and the fireman to uncouple
the engine and leave the train. The con-,
ductor and the: mail agent shot Ketchum
in his right arm, but changing the rifle
to his left shoulder, he wounded' both ; the
conductor and the agent. He was captured
the next day. .■■../.
"Black Jack" is said to have been the
leader, of a band of outlaws who com
mitted many train robebries and other
raids in Texas, New Mexico and Arizona.
This : band . has/ been ;• scattered since his
arrest, seven or eight having.been: killed.
: .; Ketchum \ declared I to-day * that '■ he "i was
not "Black Jack," as that bandit was still
at liberty. •-;.•'.■ «, ': „ . .
FRIDAY EVENING, APRIL 26, 1901.
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ARBOR DAY IN CUBA.
Cuba—-You trimmed the limbs back pretty close, didn't you Uncle?
Uncle Sam— Yes; got to do it in transplanting, you know, my boy.
DEAD IN THE RUINS
Eighty Bodies Are Recovered at the
Powder Works.
ABOUT 150 PERSONS INJURED
More Explosions Feared, and the
People Are Ordered Out ot
Town.
.;•--'--■-.■-<,«£ - -•. ■ * ; _-• I
Frankfort, Germany, April .26.— 11
o'clock this morning eighty bodies had
been recovered from the debris at the
Electro-Chemical works, near Griesheim,
but there are still many missing. •
About 150 persons were injured, many of
them seriously.
The work of fighting the flames proceed
ed throughout the night, though the dan
ger of further explosions was regarded
as averted at midnight/ "<
The search of the ruins continues. Vil
lagers and survivirs were groping about
the ruins in search of relatives and com
rades, trying to recognize missing friends
in the charred bodies of mutilated
corpses.
The flames gutted Marx & Mueller's
chemical factory and a part of the Gries
heim color works.
Cause of the Disaster.
The catastrophe originated in. a. small
fire which ignited several receptacles of
pioric acid, causing a terrific explosion 'in
the explosive department of the works.
The flames spread with frightful speed to
the adjacent buildings, and then over the
River Main to Schwanheim. Then a sec
ond explosion took place and the fumes
and masses of burning chemicals made it
impossible to stay in the vicinity.
Children Drowned.
A number of children, who were hurled
by the explosion into the River Main,
were drowned before the rescuers could
reach them. Several firemen and addi
tional doctors and nurses were sent to the
scene of the disaster this morning.
People Ordered to Leave.
At noon there was a fresh outbreak of
the flames among the ruins at Griesheim
which revived apprehension, and after the
explosion of a great benzine reservoir at
1 o'clock this morning, orders were issued
that every one in the village of Griesheim
and its vicinity must vacate their' prem
less forthwith. The inhabitants fled,
panic-stricken, with such possessions as
they could hastily collect,, most of them
coming to Frankfort. Even the "■ firemen,
salvagers and soldiers left. . The rail
road service Is suspended on account of
the danger.
During the panic this morning a num
ber of women and children were thrown
down and trampled under foot.
TRAVELERS' PROTECTIVE
Convention for Wisconsin Open* at
"Waukesha.
Waukesha, Wis., April 26.—The - annual
■ state convention of the Travelers' Pro
tective association opened to-day at G. A.
R. hall and it is expected that 100 dele
gates will be here by night.
There will be a spirited contest for the
presidency at the election to-morrow
morning. The leading candidates are said
to be Bernard Brachman of ; Milwaukee
and M. E. Gibbs of Green Bay. A musicale
and banquet are the features this evening.
Racine and Milwaukee are J foremost -in
i the contest for the next meeting place, j
SETTLE WITH PHILLIPS
He Is the Only Man Able to Supply
the Corn Shorts.
Chicago, April Following the example
set by big ■ corn shorts yesterday," a number
of smaller traders settled with George Phil
lips. '-.; Phillips; to whom they had sold their
corn at-a" lower price, ' was the only man
from whom they could get It. In small lots
he sold about 100,000 bushels to-day between
48% c and 48& c. The • market : was less" ex
cited to-day and fluctuations were compara
tively ' narrow.'
i in answer to an inquiry as to his attitude
towards the market for May corn Phillips
said: ■■ ''I' have not closed*out yet, and l there
are: several. million* ,cf ■ May corn f still , com
ing to me.'ySßHßnßnMßn^.
MAIL AT THE -
FARMER'S DOOR
Four Hundred Rural Free
Delivery Routes.
ESTABLISHED JULY 1, '01
Fifteen of Them Will Be Estab-
lished in Minnesota.
ACTION SOON ON McKENZIE CASE
President and the Attorney General
May Take Up the ', Matter \"? jf.
To-day.
Prom. The Journal Bureau, Room 4,5, Poet
Building, Wau.ington. ..'.•-';
Washington, April 26.The postoffice
department is making preparations for
the establishment of 400 rural free de
livery routes on July 1, when the appro
priation for the next fiscal year becomes
available. Fifteen routes from . ten dis
tributing points will be established in
Minnesota, five in South Dakota, and a
large number of routes in Wisconsin and
lowa .
Before he left congress, Representa
tive Spalding filed about- ten '. applications
for routes in North Dakota and inspec
tions will be made as soon as the weather
settles and the roads get in condition to
travel over.
ACTION SOON Late this afternoon
• after the cabinet
IN THE meeting is over, At
torney-General Knox
M'KENZIE says, he is thinking
of taking up the
PARDON. Alex McKenzie par
don case : with the
president. If he does this, the president
ought to be in a position to act within a
day or two.
I was mistaken the other day in saying
that the San Francisco judges had been
heard from. « Information secured at the
White House was to the effect that the
judges had replied to the president's re
quest for recomemndation, and that their
reply was in the hands of Secretary
Cortelyou. The judges have not been
heard from, and the. president thinks their
delay-is rather unusual. He .will proba
bly act without waiting to hear from
them. ' .
Later— attorney general did take up
the McKenzie case with the president, but
Mr. McKinley decided that he would not
do anything at present. -He will wait un
til the attorney general ' hears from the
San Francisco Judges. He to-day turned
the papers in the case over to Mr. Knox
with directions that as soon as the judges
were heard from - he should be informed
by wire of their, recommendation. Should
replies be received before he starts on his
trip, he will act immediately.» Otherwise
action will be taken while the government
•is on wheels. - ;*iv"
Senator Gam b 1 c
WIND CAVE and other South Da
kotans saw Secre-
IN THE "';.:. tary-Hitchcock : to
day and urged him to
* BLACK HILLS, make some rules by
which the famous
wind cave In the^Black Hills may be
opened :to visitors. - Since ' the litigation
over possession ]. was decided- against all
applicants, the land under ? which the cave
is located has been reserved from,settle
ment and - the cave has j been: in charge -of
an. agent of the department who has had
instructions to .allow no visitors; to enter
it. : >Residents of - that ; section-claim that
this 'has worked -hardships, as it has de
prived them of : the income formerly de
rived from visitors. • The secretary . prom
ised s that <he ; would t frame. some rules * for
allowing inspection yal - the cave under the
supervision ;of the custodian. .•""'. "•*. **"•
♦The Sou th Dakotans also talked .with
, the secretary about Seth. Bullock of Dead-
wood, whom they want appointed for
estry agent.s They think" an arrange
ment can . be made by which they can
place him. They are also after a place as
special agent of land office for one of
their constituents, but whose name they
will not give out. They hope to land him
about the first of Jul .y
Washington Small Talk.
Representative Eddy has secured the pro
motion of P. P. Larson of Elbow Lake from
$000 to $900 in the census office.
Controller of Currency Dawes approved an
aplpication to convert the McCook County
State bank at Salem, S. D., into the First
National bank of Salem, with a capital or
$25,000.-
Representative McCleary has recoai/uended
the establishment of a second rural •Qjfa.e at
Maynard, Chippewa county: » a second^, route,
at Walnut Grove, Redwood county; a new
route .at i»Redwood Fa^lg, .Redwood county,
and a second route "at Fairmont, ? Martin
county. . . -. *
Representative Tawney came here from St.
Louis to-day. He called at the war depart
ment about the army appointments. Not one
of the men whom he . recommended was se
lected for appointment, and he was expecting
a place for one or two of his men, in the
event that any of the men selected fail to
pass examination. He also called on Secre
tary Hitchcock about a place in the land
service' for a man In his district.
TALKED WITH PAT CROWE
RENTED SCHNEIDERWIND HOUSE
Evidence presented To-day in the
Cudahy Kidnapping;
Case.
Omaha, April 26.—At the trial of James
Callahan, charged with complicity in the
kidnapping of Edward Cudahy, Jr., B. K.
Munshaw, who lived near the Melrose
hill house, identified a picture of Crowe as
that of a man who came to his house about
three weeks before the .'_ kidnapping and
asked who owned the Schneiderwind
house. The \ man came back later and
said he had rented the house. Munshaw
said he saw Crowe there the day before
the kidnapping and talked with him.
On the night of the kidnapping the dogs
barked late in the evening and he went
out by the well and saw a buggy or spring
wagon driven past. It drew up to the
steps of the Schneiderwind house. He saw
what he took to be two men go into the
house and he thought they were moving
in some of their goods. >/.' '.yy. '■■V»-^-;f.
Crowe, Munshaw testified, -was accom
panied by a woman when he called the
first time.
George Wittum identified Callahan as a
man who passed his . house the day before
the kidnapping between 12 and 1 o'clock.
He said he and his wife both watched the
man until he passed out of sight.
The pony which the kidnapper rode to
telephone information to the Cudahy resi
dence played its part yesterday in
connecting Jamee Callahan with the crime.
Daniel Burri3, of North Omaha recognized
the little beast now in evidence as one
which he had sold to two strangers last
October. In one of them he recog
nized James Callahan. The other, he said,
resembles the photograph of Pat Crowe.
The same incriminating pony was shod by
Charles Lee, a South Omaha blacksmith,
shortly afterwards. Lee says; the man
who brought"the' animal to him was Pat
Crowe. A further .complicity of interest
between Callahan and Crowe was dis
closed by Mrs. Anna Weyruth, living across
the street from Callahan's boarding-house.
She frequently saw him lin company with
a man called Johnson. She was positive
in her identification of Pat Crowe's 1 pic
ture as that of Callahan's unknown guest.
PITY ED -flßathbj cuseL
: MAY COME~BACK
W. V. Illusion. Wanted in Minneapo
lis, Arrested in Sioux .Falls.
Special to The Journal. . ''•%",-
Sioux Falls, S. D., April 26.— police
this morning arrested . ,W. V. Dunton,
wanted in Minneapolis on a charge of col
lecting-money at , Spokane, Wash., in : the
name of the Mineapolis - Times _ and not
making an accounting. Dunton is here
working the sale '• of a book, and it is
charged he is sending in large numbers
of names of people who did not subscribe.
It is supposed he was working on com
mission. He is held awaiting instructions
from Minneapolis. t "
EASIER TO; POINT ONE OUT.
?rt-~--- •- Chicago Tribune.
"If iI " mistake not, my; dear," said the
high-browed, ; spectacled, . scholarly-looking
person, "I; heard you " speak of somebody
a- little while ago as a 'slob.' May I ask
what' a ! slob Is -'^BBfBmWB&IWt •'"'•
;; "A slob, .Uncle * Hosea, Is— a slob, is—do
you" see that - man . sitting over there," chew
ing tobacco—the man who"; stepped. on ;my
dress and ■' nearly \ tore } It off .me t when t we'
were coming ;' into k the » car? Well, he's; a
i
20 PAGES-FIVE O'CLOCK.
LABOR DIFFICULTIES
PRACTICALLY OVER
All the Union Carpenters Will Un
doubtedly Be Back at Work
on Monday Morning.
Difficulty Being Adjusted This After
noon—Building Trades Coun
cil's Break With Woodwork
ers the Beginning.
The strike situation is clearing rapidly;
indeed, the trouble, so far as the Master
Builders' association and the men em
ployed in the building" trades are con
cerned, is really At an end. The Master
Builders' association met : early this aft
ernoon and appointed a committee to
meet with a committee from the carpen
ters' union later in the day for a con
ference The Master Builders' . commit
tee was given general instructions, with
po-ver to effect a settlement on the spot.
The results of the conference will be
re.'erred to the carpenters union, which
meets to-night, and it is the general be
lief that all differences will, be adjusted
then and there. Both sides believe things
will resume their normal condition next
Monday and that peace will reign for
the rest of the year.
The Pivotal Action.
This happy consummation was brought
about by the action of the building trades
council last night. The council adopted a
resolution requesting the woodworkers'
union to withdraw its delegates. This in
vitation is tantamount to an order, and
in effect entirely eliminates the wood
workers and their troubles, leaving the
carpenters free to negotiate with the con
tractors on matters at issue between
them uninfluenced by the union label con
tention. There is no disagreement on
the score either of hours of work or wages.
Only three minor differences are involved
the right of the contractor to use non
union foremen, the question of the privi
lege of the walking delegate to visit the
men in working hours, and the number of
apprentices to be allowed each. shop. It
is believed that these non-essentials can
be settled easily. . l> '
Action Was Timely.
The action of the council was most
timely. Members of the various building
trades' were getting very restive ; under
the strain. The sentiment was growing
stronger every day that it was, not right
to drag them into a fight which in prac
tical effect concerned only the wood
workers, with whom they had no very
close interest anyway. They insisted that
it was not right to keep them from work
and jeopardize their whole season's pros
pects - for the sake of holding up the
woodworkers' union. The agitation had
reached the point where there were pros
pects' of one or more unions withdrawing
from the council, and there was plainly
but one course for the council to take,
and this it promptly took. '. !~3 .'i:
It was timely action in still another
way. The Master Builders' association
was prepared to act and act . vigorously
on Monday next. Beginning on that day
HOW PETTIGREW DID IT
Started In on Mexican Central and Finished
With Burlington«-$25(M)00 Left
After Paying Debts.
Special to The Journal.
Sioux City, lowa, April 26.—Richard
F. Pettigrew of South Dakota, who re
tired from the United States senate March
4, worth a good deal less than nothing, is
now worth a quarter of a million, with
prospects of. making it a million. Petti
grew was rated the richest man in South
Dakota in 1890. He had operated . in, real
estate and railroads. In 1894 he was. a
bankrupt; with debts estimated, half a
million greater than his assets. He ar
ranged to carry his property through,- the
trustees hoping to save something. .
i:"A' few years ago Mrs. Pettigrew was
left $18,000 by a. brother. The senator
used this to buy corn during, the Leiter
wheat deal, and cleared , $10,000 on the
sympathetic rise in corn. On a tip from
President Hill of the Great Northern, he
bought options on Dakota and Montana
lands last year, with his wife's money,
NEW DICTATOR
Gen. Cailles Has Proclaimed
Himself Agum^©' s
Successor.
Manila, April 26.—1t Is reported that the
rebel General Cailles ordered eight Ameri
can prisoners to be shot April 21, the same
day. on which he condemned to death Col
onel Sancio, one of; his staff officers,, and
Senor De la Rosa, a wealthy native, who
had . refused to contribute to the insur
gent . fund. Sancio \ escaped.. The others
were tortured \ and then butchered.
Cailles, who is now, lurking in the. moun
tains of Tayabasv province, Luzon,,, pro
claims himself dictator and the successor
of ; Aguinaldo, and announces his intention
to continue a war.of extermination. .
•It is said that Cailles was born In
Pondicherry, India, , his , father being a
Frenchman and his mother a ! Hindoo. It
is also ; asserted i that -he .- formerly regis
tered as a French subject. He Is: a typi
cal guerrilla leader,> cruel, able, - reckless
and unrelenting. . :
■.. Aguinaldo - denounces him, disclaiming
responsibility^ for, the previous atrocities
of 2 Cailles, and r declares that he never
issued; orders "contrary ;to the rules of
•war.
carpenters and bricklayers from outside
the city would have begun pouring . Into
Minneapolis from various points and lot
a very few days there would have prob
ably been men enough on hand to prose
cute the work. It Is said that no . less
than f-00 men had been engaged and were
waiting only telegraph orders before
starting for Minneapolis. '.' '•'-.
Last Right's Action.
The officials of the council explain that
they took the aetlon of last night in be
half of the business interests of.the city
and the general public. The council could
order a general strike = and probably win
it, they insist, but the cost to all parties
concerned and to the public would be
too great. There are more vital things
at stake, they say, than.the union label
contention. The council in the present
issue owes a higher duty to the public
and the other trades than to the wood
workers' union. Nearly ; all the other
building^ trades have made satisfactory
agreements with their employers for the
season, they«ay, and it would not be just
to keep them out of work to engage in a
contest in which they were only minor
factors. .. . ", . ■/,',f-5'P
Woodworkers Also Meet.
The woodworkers' union met last night
but adjourned before the council did and
was not officially apprised of the council*
action. •'
They decided that it was useless to make
any further proposals to the manufactur
ers, but that they would consider an in
vitation to meet once more in conference.
The union will meet again Monday even
in to determine what shall be Its course
of action. The present agreement with
the manufacturers expires Tuesday night.
Seemingly ■ the woodworkers' union is
baffled. After being urged by the build
ing trades council to stand their "ground
against the manufacturers, and naturally
expecting the heartiest kind of support
from that ..source, they are now thrown
down and left to shift for themselves with
nothing more substantial than the good
wishes and moral - support of the other
trades. .-"■•-". ..,.^r._,t ,•-_'
Settled the Woodworkers.
One of the larger manufacturers declared
this morning that the action of the trades
and labor council undoubtedly settled the
case for the woodworkers. The strike
would be useless under the circumstances.
he said. But. there i would be no lack of
work for the men who cared to work. Tha
wages would be no less than they,now are,
and in " some cases more, and the men
would get just as fair treatment as they
had under the agreements of the p'.sttwa
years. There would be no disposition on
the part of the manufacturers, he insisted,
to "rub it in," and he believed that in tha
end they would have no cause to regretl
the result. - 'i-• "
and borrowed funds, securing control, it la
said, of .75,000 acres. The boom in these
lands enabled him to unload at big profits
early this year, and when . congress ad
journed he went to New York with Hill,
with $50,000 in his pocket and a series of
straight tips on ; coming moves, bought
Mexican Central , and cleaned up - a snug
sum. .
The bulge in Milwaukee & St. Paul came
along after Pettigrew had loaded up to tha
limit and he closed out at the high point,
$100,000 richer. Then he was told to buy!
Burlington, which he did, going ;to tha
limit. It cleared him' $150,000 more.
Ten days ago he returned to his Sioux
Falls home. He has paid about > $100,000
of debts, v ralsed mortgages on his best
property, and is again looking after hia
land leals, in which he expects to make
further immense profits • this year. Ho
has cleared $250,000 besides paying hia
debts. " .yy.yy.y-- ■
ARKANSAS STORM
Bridges Washed Away and
Telegraph Wires Are
Down.;
Seligman, Mo., April 26.Great destruc
tion is reported from a heavy rain and
hailstorm in northern Arkansas. *
, Wire connection with Eureka Springs
and points east was destroyed, and many
railroad bridges were torn away.
NOT SERIOUS IN JAPAN
Suspended Banks - Said ■to 'Be ' Small
Concerns.
London, April 26.— London managers of
the Yokohama Specie bank and the Hongkong
and Shanghai Banking corporation says they
do not fear anything serious will-; develop ;
from the bank failures In, Japan. They say
the. majority of: the ... banks ■ involved ; are very;
small concerns, .more. in the nature of money;,
lending agencies than, banks^pg&Q^3SQM|
'•"■ Some trouble has.been expected for a lonf
time, owing ito V the * stringency of ' money f
Japan, which' now- costs ) about ■15 *per; cent. 'l t
This is said to be due,to, the i present halanct
of I trade" being; so " much ? against Japan. Som < s
relief is hoped from .the j additional taxation
authorized by the new Japanese \ budget.