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Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, January 31, 1895, Image 7

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THE PRESIDENT CALLS FOR
. COLD BONDS.
k GRATE FINANCIAL CRISIS IS ON.
The Nation' Credit Endangered by the
Present Unsatisfactory Condition of
the Currency All Parties Strong
ly Appealed to for Help to
Sate the Country' Fi
nancial Credit.
Washington, Jan. 29. The presi
dent to-day sent to congress the fol
lowing special message on the finan
cial question:
To the Senate and House of Repre
sentatives: In my last annual mes
sage I commended to the serious con
sideration of congress the condition
of our national finances and in con
nection with this subject indorsed the
plan of currency legislation which at
that time seemed to furnish protection
against impending danger. This plan
has nat been approved by congress.
In the meatime the situation has
so changed and the emergency now
appears so threatening that I deem
it my duty to ask at the hands of the
legislative branch of the government
such prompt and effective action as
will restore confidence to our finan
cial soundness and avert business dis
aster and universal distress among
our people.
Whatever may be the merits of the
plan outlined in my annual message
as a remedy for 111b then existing and
as a safeguard against the depletion
of the gold reserve then in the treas
ury, I am now convinced that its re
jection by the congress and our pres
ent advanced stage of financial per
plexity necessitates additional or dif
ferent legislation.
ALL PABTIKS EQUALLY CONCERNED.
With natural resources unlimited in
' varied productive strength and with a
people whose activity and enterprise
seek only a fair opportunity to
.achieve national success and great
ness, our progress should not be
-checked- by a false financial policy
and a heedless disregard of sound
monetary laws nor should the timid
ity and fear which they engender
stand in the way of our prosperity.
It is hardly disputed that this pre
dicament confronts us to-day. There
fore, no one in any degree responsible
for the making and execution of our
laws should fail to see a patriotic
duty in honestly and sincerely at
tempting to relieve the situation.
Manifestly this effort will not suc
ceed unless it is made untramineled
"by the prejudice of partisanship and
with a steadfast determination to
resist the temptation to accomplish
party advantage. We may well
remember that if we are affected
with financial difficulties all our peo
ple in all stations of life are con
cerned and surely those who suffer
will not receive the promotion of
party interests as an excuse for per
mitting our present troubles to ad
vance to a disastrous conclusion.
It is also of the utmost importance
that we approach the study of the
?iroblems presented as free as possible
rom the tyranny of preconceived
opinions to the end that in a common
danger we may be able to seek with
unclouded vision a safe and reason
able protection.
LACK OF CONFIDENCE WIDESPREAD.
The real trouble which confronts
us is a lack of confidence, widespread
and constantly increasing, in the con
tinuing ability or disposition of the
government to pay its obligations in
gold. This lack of confidence grows
to some extent out of the palpable
and apparent embarrassment attend
ing the efforts of the government, un
der existing laws, to procure gold,
and, to a greater extent, out of the
impossibility of either keeping it in
the treasury or fulfilling obligations
by its expenditure after it is obtained.
The only way left open to the gov
ernment for procuring gold is by the
issue and sale of bonds. The only
bonds that can be issued were author
ized nearly twenty-five years ago, and
are not well calculated to meet our
present needs. Among other disad
vantages, they are made payable in
coin instead of specially in gold,
which, in existing conditions, detracts
largely and in an increasing ratio
from their desirability as invest
ments. It is by no means certain that
bonds of this description' can much
longer be disposed of at a price cred
itable to the financial character of
our government.
The most dangerous and irritating
feat'ire of the situation, however, re
mains to be mentioned. , It is found
in the means by which the treasury
is despoiled of the gold thus obtained
without cancelling a single govern
ment obligation and solely for the
benefit of those who find profit in
shipping it abroad or whose fears in
duce them to board it at home.
WEAKNESS OF PRESENT METHODS.
We have outstanding about $500,
000,000 of currency notes of th gov
ernment for which gold may be de
manded, and curiously enough the
law requires that when presented and
in fact redeemed and paid in gold
they shall be reissued. Thus the
same notes may do duty many times
in drawing gold from the treasury,
nor can the 'process be arrested as
long as private parties who profit by
it or otherwise see an advantage in
repeating the operation. More than
9300,000,000 of these notes have al
ready been redeemed in gold and, not
withstanding such redemption, they
are still outstanding.
Since the 17th day of January, 1394,
our bonded interest bearing debt has
been 'increased 1100,000,000 for the
purpose of obtaining gold to replen
ish uur coin reserve. Two issues
were made, amounting to $50,000,000
each one in January and the other
in November. As a result of the first
issue there was realized something
more than $59,000,000 in gold. Be
tween that issue and the succeeding
one in November, comprising a period
of about -ten- months 711 earix;
$103,'ti00;d00" in " gold were" drawn
from the -treasury. ' This1 made
the second, issue , necessary ma'd
upon that more than $58,000,000 in
gold was realized. Between the date
of this second issue and the present
time, covering a period of only about
two months, more than $79,000,000 in
gold were expended without any can
cellation of government obligations
or in any permanent way benefiting
our people or improving our pecuniary
situation.
CONDITIONS OF DEEPEST GRAVITY.
The financial events of the past
year suggest facts and conditions
which should certainly arrest atten
tion. More than $173,000,000 in gold
have been drawn out of the treasury
during the year for the purpose of
shipping abroad or hoarding at home.
While nearly $103,000,000 . of the
same were drawn out during the
first ten months of the year,
a sum aggregating more - than
two-thirds of that amount,' being
about $79,000,000, was drawu out dur
ing the following two montlK thus
indicating a marked acceleration of
the depleting process with tho lapse
of time. ' The obligations upon which
this gold has been drawn from the
treasury are still outstanding and are
available" for use in repeating the ex
hausting operation at shorter inter
vals as our perplexities accumulate.
Conditions are certainly supervo n
ing to make the bonds which may be
issued to replenish our gold less use
ful for that p"urpose.
An adequate gold reserve is in all
circumstances absolutely essential to
the upholding of our public credit and
to the maintenance of our high na
tional character. Our gold reserve
has again reached such a stage of
diminution as to require its speedy re
inforcement. ALL CLASSES EQUALLY INTERESTED.
The aggravations that must Inevit
ably follow present conditions and
methods will certainly lead to mis
fortune and loss not only to our na
tional credit, but to those of our peo
ple who seek employment as a means
of livelihood and to those whose only
capital is their dally labor.
It will hardly do to say that a sim
ple increase of revenue will cure our
troubles. The apprehension now ex
isting and constantly increasing as tc
our financial ability does not rest
upon a calculation of our revenue.
The time has passed when the eyes of
investors abroad aid our people at
home were fixed upon the revenues of
the government Changed conditions
have attracted their attention to the
gold of the government. There need
be no fear that we cannot pay our
current expenses with such money as
we have. There Is now In the treas
ury a comfortable surplus of more
than $03,000,000, but It Is not in gold
and therefore docs not meet our dif
ficulty. I cannot see that difference of
opinion concerning the extent to
which silver ought to be coined or
used in our currency should interfere
with the counsels of those whose
duty it is to rectify evils now appar
ent In our financial situation. They
have to consider the question of na
tional credit and the consequences
that will follow from its collapse.
NOT A QUESTION AS TO SILVER,
Whatever Ideas may be Insisted on
as to silver or bimetallism, a proper
solution of the question now pressing
upon us only requires a recognition of
gold as well as silver, and a conces
sion of its importance, rightfully
or wrongfully acquired, as a
basis of national credit a
necessity in the honorable
discharging of our obligations paya
ble in gold and a badge of solvency.
I do not understand that the real
friends of silver desire a condition
that might follow inaction or neglect
to appreciate the meaning of the pres
ent exigency, if it should result in the
entire banishment of gold from our
financial and currency arrangements.
Besides the treasury notes which
certainty should be paid in gold,
amounting to nearly 500 millions of
dollars, there will fall due In 1904,
100 millions of bonds issued during
ths last year, for which we have re
ceived gold, and In 1907 nearly 000
millions of 4 per cent, bonds issued in
1867. Shall the payment of these
obligations in gold be repudiated? If
they are to be paid In such a manner
as the preservation of our national
honor and national solvency demands,
we should not destroy or even imperil
our ability to supply ourselves with
gold for that purpose.
While I am not unfriendly to silver,
and while I desire to see it recognized
to such an extent .as is consistent
with financial safety and the preserv
ation of national honor and credit, I
am not willing .to see gold . entirely
banished from our currency and
finances. To avert such a conse
quence I believe thorough and radical
remedial legislation should be'promDt
ly passed. I therefore beg the con
gress to give the subject immediate
attention.
LONG TERM GOLD BONDS ADVISED.
In my opinion the secretary of the
treasury should be authorized to is
sue bonds of the government for the
purpose of procuring and maintaining
a sufficient gold reserve and the re
demption and cancellation of the
United states legal tender notes and
the treasury notes . issued for the
purchase of silver under . the
law of July 14. 1890. We would
be relieved from the humiliat
ing process of issuing bonds to
procure gold to be immediately and
repeatedly drawn out on these obli
gations for the purpose not related
to the benefit of our government or
our people. The principal and inter
est of these bonds should be payable
on their face in gold, because they
should be sold only for gold or its
representative and because there
would now probably be difficulty in
favoratiy disposing of bonds not con
taining this stipulation.
I suggest that the bonds be issued
in denominations of $20 and $50 and
their multiples, and that they bear
interest at a rate of not exceeding 3
per cent per annum. , 1 do not see
why they should not be payable fifty
years from their dates.- We of the
present generation have large
amounts to pay If we meet our obli
gations and long bond are most sala
ble. The secretary of the treasury
might well be permitted at his dlscre-
TSan. tft-tftcelve- on -the sale of bonds
the legal tender and treasury notes to
be retireS; jiHd,fo-cdur8e''nvlien they
are thus retired or redeemed in gold
they should be' cancelled.
JThese bonds under existing' laws
could be deposited in national banks
as security for circulation up to the
face value of these or any other bonds
so deposited except bonds outstand
ing bearing only 2 per cent interest
and . which sell in. the market at less
than par.
SUGGESTIONS AS TO LEGISLATION.
National banks should not be al
lowed to take out circulating notes of
a less denomination that $10, and
when such as are now outstanding
reach' the treasurer, except for re
demption and retirement, they should
be. canceled and notes of the denom
ination of $10 and upwards issued in
their stead. Silver certificates of the
denomination of $10 and upwards
should be replaced by certificates of
denomination under 810. ..
As a constant means for tho main
tenance of a reasonable supply of
gold in the treasury our duties on
imports should be paid in gold, al
lowing all other duties to the govern
ment to be paid in any other form of
money.
I believe all the provisions I have
suggested should be embodied in our
law if we are to enjoy a complete re
instatement of a sound financial con
dition. They need not interefere
with any currency scheme providing
for the Increase of the circulating
medium through the agency of
notional or state banks since they can
easily be adjusted to such a scheme.
Objection has been made to the is
suance of interest bearing obliga
tions for the purpose of retiring the
non-interest bearing legal tender
notes. In point of fact,however, these
notes have burdened us with a large
load of Interest and it is still accumu
lating. The aggregate interest on the
original bond issue, the proceeds of
which in gold bonds, constitute the
reserve for the payment of these
notes, amounted to $70,320,350 on
January 1, 1895, and the annual
charge for interest on these bonds
and those issued for the same pur
pose during the last year will be
$9,145,000 dating from January 1, 1895.
DETERMINED TO SAVE THE CREDIT.
While the cancellation of these
notes would not relieve us from the
obligations already incurred on their
account, these figures are given by
way of suggesting that their exist
ence has not been free from interest
charges, and that the longer they are
outstanding, judging from the experi
ence of the last year, the more ex
pensive will they become.
In conclusion 1 desire to frankly
confess my reluctance to issuing more
bonds in present circumstances and
with no better results than have late
ly followed that course. I cannot,
however, refrain from adding to
an assurance of my anxiety to
co-operate with the present
congress in any reasonable meas
ure of relief an expression
of my determination to leave nothing
undone which furnishes a hope for
improving the situation or checking a
suspicion of our disinclination or dis
ability to meet With the strictest
honor every national obligation.
Groveb Cleveland.
The Executive Mansion, January 28,
1895.
NEW FINANCIAL BILL.
A Bill to Carry Out the President'
Suggestions Laid Beforo the Home.
Washington, Jan. 29. Chairman
Springer of the banking and currency
committee of tho house has intro
duced a bill to carry into effect the
recommendations of the president's
message, and has notified his commit
tee to meet to-morrow morning to
consider the bill. It is as follows:
An act to authorize the' secretary of
the treasury to issue bonds to main
tain a sufficient gold reserve and to
redeem and retire United States
notes, and for other purposes.
Be it enacted by the senate and
house of representatives of the United
States of America in congress assem
bled, that, in order to enable the sec
retary of the treasury to procuro and
maiptain a sufficient gold reserve and
to redeem and retire United States
legal tender notes and treasury notes
issued under the act of July 14,
1390, entitled "An act direct
ing the purchase of sil
ver bullion and the issue of
treasury notes thereon, and for other
purposes," he is hereby authorized to
issue and sell at not less than par in
gold, except as provided in a section
of this act, United States registered
or coupon bonds, in denominations of
$20 and of $50 and multiples of said
sums respectively, payable fifty years
after date in gold coin of the United
States of the present weight and fine
ness, and bearing interest at a rate
not exceeding 3 per cent per
annum, -payable quarterly in like
coin; and such bonds and the
interest thereon shall have like qual
ities, privileges and exemptions as
the bonds issued under the act ap
proved. July 14, 1870, entitled, "An
act to authorize the refunding of the
national debt" - Such bonds may be
sold and delivered in the United
States or elsewhere as may be deemed
most advantageous to tho Interests of
the government
Section 2 That whenever any other
legal tender notes or treasury notes
shall be redeemed in gold they shall
be cancelled and not reissued and the
secretary of tho treasury is hereby
authorized in his discretion, to re
ceive United States legal tender notes
and treasury notes. Issued under the
aforesaid act of July 14, 1890, in pay
ment for any of vhe bonds issued un
der the preceding section of this act
and the notes so received shall bo
cancelled and not reissued.
Section 3 That hereafter national
banking associations may take out
circulating notes in the manner now
provided by law, to an amount equal
to tho par value of bonds deposited to
secure the same. But this provision
shall not apply to any bonds now out
standing bearing interest at the rate
of 2 per cent only.
Section 4 That hereafter no nation
al bank notes of a less denomination
than $10 shall be Issned and as rapidly
as such notes of denominations less
than $10 shall be received into the
treasury, otherwise than for redemp
tion and retirement, they shall be can
celled and an equal amount of notes
of like character bat in denomina
tions of $10 and multiples thereof
shall be Issued in their places. All
silver- eertificates now outstanding,
in denominations more than $10,
shall,' Wlien'received Into the .treasury
of the United States, be retired and
canceled and silver certificates in de
nominations less than $10 shall be is
sued in their stead. .
Section 5 That from and after the
first day pf Jnly, 1:195, all duties on
imports shall be paid in gold only and
all taxes, debts and demands, other
than duties on imports, accruing or
becoming due to the United States,
shall be paid in gold and silver coin,
treasury notes, United States notes,
silver eertificates or notes of national
banks.
Section ft That all lav s and parts
of laws inconsistent with the pro
visions of the preceding sections be
and they are hereby repealed; and a
sum sufficient to carry the provisions
of this act into effect be and tho same
is hereby appropriated out of any
money in the treasury not otherwise
appropriated.
la the house the message and bill
were referred to the committer on
banking and currency, and in the sen
ate the message was referred to the
finance committee.
Another Big Gold Withdrawal.
New York, Jan 29. Engagements
of gold to-day for export aggregated
$3, 500,00a -
A DIVORCED MAN'S REVENGE.
Farneer Hardwick Kill HI Kr.-Wlfe
Brother and End HI Lite.
Mexico, Ma, Jan. 28. Daniel Hard
wick went to the house of James
Ward, four miles south of here, yes
terday and called the latter to the
fence. After a few words Hardwlck
drew a revolver and shot Ward three
times in the heart He died Instantly.
Hardwick then ran down the road
a short distance and shot himself in
the head. He lived only a few hours.
- Last Thursday Mrs. Hardwick was
granted a divorce in the circuit court
on the ground of non-support and
brutal treatment She was a sister of
the murdered man, and Hardwick
claimed that her affections bad. been
alienated from him by her folks, espe
cially James, This is supposed to be
the reason ho committed murder and
suicide.
TWO REGIMENTS RELIEVED.
The Brooklyn Strike Rapidly Drawing;
to an End Striker 8tlll Hopeful.
Brooklyn, N. Y., Jan.29. So peace
ful is the situation here to-day 'that
the authorities have relieved a por
tion of the militia from duty, per
mitting the Seventh and Seventy-first
regiments and the First battery to
return to New York.
The number of cars run to-day is
reported to be 434, the usual number
being 1,000. It is alleged that twenty
of the strikers went back to work for
the Brooklyn Heights company to
day. The managers of tho strike profess
to believe that the companies will yet
be obliged to make terms.
An Innocent Man Long; Punlahed.
Jefferson City, Mo., Jan. 29. Gov
ernor Stone Issued a pardon to-day to
Willis Burns, colored, of Randolph
county, who has been In the peni
tentiary since 1888 serving a twenty
five year term for alleged criminal
assault upon Annie White of Moberly,
Recently the woman died. She made
a death bed confession in which she
swore Burns was not guilty but had
been convicted on perjured testimony.
France's Last Marshal Dead.
Paris, Jan. 23. Francois Certain
Caurobert, the last field marshal of
France, died to-day after a long ill
ness. The rank was instituted as far
back as the year J 185, since when
there have been 324 marshals of
France, sixty-seven of whom were ap-
Eointed during the present century,
uf. Canrobert, sturdy old warrior
that ho was, outlived them all.
Swallowed Diamond.
Leavenworth, Kaa, Jan. 29.
Charley McCarthy, a gambler and ex
convict, last night robbed Samuel
Usher of Lawrence of a $500 diamond
stud while Usher and a party of
friends were in a saloon here. Mc
Carthy was caught but swallowed
the stud. He is confined at the city
jail and Sergeant Spickens and a doc
tor are in attendance.
Twenty Ihouaud Awarded.
Little Rock, Ark., Jan. 29. The
jury in the case of Mrs. Sarah O.
Spencer vs. the St Louis, Iron Moun
tain and Southern railway brought in
a verdict awarding $20,000 damages to
her. She claimed $100,000 for injuries
received in an accident at Texarkana
May 24 last She is crippled for life.
Severe Cold In Oklahoma.
Hennessy, Ok., Jan. 29. The tem
perature .was below zero last
night Much suffering prevails
among settlers in the Cherokee
outlet, many of whom are unable to
Erocure sufficient protection. Snow'
as fallen to the depth of three inches
and has drifted several feet high.
Altg-eld a a Labor Leader.
St Louis, Ma, Jan. 29. The state
ment is made by a labor lead
er that the position of presi
dent of the Universal Labor union,
which is now in process of organiza
tion, would be tendered to Governor
John P. Altgeld of Illinois within the
next few weeks.
Leavenworth' Mayor Burned Out.
Leavenworth, Kan., Jan. 29.
Mayor Samuel Dodsworth's printing
and binding establishment was badly
wrecked by fire at 7 o'clock thia
morning. Loss about $5,000, covered
by insurance.
NEWS NOTES.
The department of agriculture will
ship mail sacks of garden and field
seeds to Nebraska sufferers.
Clans Spreckles, the Hawaiian
American all-round sugar king, has
branched out as an anti-monopolist
and is fighting the Pacific railways.
The Guatemalan colony in New
York is said to be preparing to fur
nish their country its sinews of war
with Mexica
Milton E Matson, In prison at San
Jose, CaL, for issuing forged checks,
tarns out to be a woman. She has
masqueraded as a man for sixteen
years ,
PRESIDENTIAL STRAWS FO
THE NEXT CAMPAIGN, .
OPINIONS FROM ALL OYER THE LAND
At the National Capital the Preponder
ance of Sentiment I for Tom Reed
Ohio I for HeKlnley and In
' dlana for HarrUon HeKln
ley Second Choice of a
Great Many.
Cincinnati, Ohio, Jan. 29. The
Commercial-Gazette prints two pages
of preferences for the next Republi
can nomination for president from
representative Republicans all over
tho country, and especially from
Ohio, Indiana, . Kentucky, West
Virginia, New York and Wash
ington city. In its summary
it says: "Ohio is for McKinley
and Indiana for ex-President Harri
son. New York hardly knows where
she stands. The Republicans of the
Empire state are holding off, in the
end to either dictate the nominee, or
failing in that to drive the best bar
gain they can with the man they see
is bound to win. One New Yorker
declares himself - for ex-Governor
Foraker.
"West Virginia seems to be for the
best man, whoever he may be; One
West Virginian declares himself for
Senator-elect Elktns, while several
Republicans of that state express a
preference for Judge Nathan Goff for
second place on the ticket Governor
McKinley seems to be the first choice
of the Republicans of Ken tucky.
''At the national capital the pre
ponderance of sentiment appears t be
for Tom Reed. Attention is called to
the declaration for Reed by General
John Beatty of Columbus. In the
Washington interviews it was sought
to obtain expressions from either sen
ators or representatives from every
state in the union. McKinley seems
to be their second choice, while Har
rison, Allison and others have quite a
respectable following."
LEFT ENTIRELY DESTITUTE.
A. Subscription To Be Taken Up for
Mr. Kate Cbaie .Spragae.
Washington, Jan. 2a A well
known lawyer of this city writes a
letter to the Post to inform tho pub
lic that Mrs. Catherine Chase, the
daughter of the late Chief Justice
Salmon P. Chase, the divorced wife
of ex-Governor Sprague of Rhode
Island, Is entirely destitute. Her
home was sold last week under a
deed of trust for just enough to cover
the mortgage and costs, although it
is worth three or four times that
amount and is assessed for more than
it brought.
Thirty years ago Mrs. Chase was
the belle of Washington, ana without
a rival. It Is doubtful if there is a
woman in this country who has en
joyed so much admiration and so
many social conquests, but the other
side of her life has been very dark
and few women have suffered as she
has done. It is proposed to appeal to
her father's old friends and admirers
to subscribe a sufficient fund to en
able her to spend the rest of her days
in peace.
AN OHIO TOWN BURNED.
A Gaaotlne Exploalon Remit In the De
trnetlon of Sixteen Building.
Elmore, 0., Jan. 29. A fire which
was started by a gasoline explosion
in the kitchen of the American hotel
at 7:30 o'clock last evening destroyed
the principal part of the business
portion of the town, and at least
two lives have been lost A strong
wind was blowing at the time the
fire started, and the American hotel
was soon a mass of flames. Two
girls employed in the hotel, Maggie
Flynn and Mary O'Malley, were
hemmed in by the flames, and were
forced to jump from a second story
window. Miss O'Malley was fatally
burned and cannot live. Miss Flynn
was seriously hurt and it is believed
she will die. Sixteen buildings in all
were destroyed.
THE INCOME TAX.
Member of Congress Gratified at the
Outlook for Revenue.
Washington, Jan. 29. Members of
congress who believe in the income
tax as an equitable method of
raising revenues are gratified
at the unexpectedly good showing
of the preliminary canvass made by
the coller'w. of internal revenue at
the direction of Secretary Carlisle.
They believe that the greater tho
amount realized from the tax the
more popular It will become and the
more firmly rooted as a part of the
policy of the government
Eight Thousand Hen Idle.
Wilkesharak, Pa., Jan. 29. All the
collieries of Lehigh and Wilkesbarre
coal company will be idle during the
coming week. Eight thousand men
will be without employment Super
intendent Lowell says the coal trade
was never known to be so dull.
Destitution In Wisconsin.
Grantsbcro, Wis., Jan. 29. Reports
from the town of Rusk, this county,
confirm the news of terrible suffering
and starvation In that town. One
fifth of the people are without prop
er food, and a large number of them
have not a pound of flour in the house.
rough! a Duel With PUtoU
Rinton, W. Va., Jan. 29.-M. F.
Wykoff and Fred Nihoof. an engineer,
fought with pistols and Nihoof re
ceived a fatal wound. Wykoff found
Nihoof at his home in the parlor with
his wife. Wykoff was arrested and
is in jalL He was also shot In the leg.
PopollsU Oat for 1S9S.
Topeka, Kan., Jan. 29. The Popu
list state central committee will open
headquarters in Topeka about the
middle of February, and enter at
once upon the campaign of 1893 and
THE MAFIA FN NEV. ORLEANS.
The Society Ha Again Began Opera
tion In the Creeeeat City.
New Orleans, Jail, Jan. 29. The
Italian Mafia has again begun opera
tions ia this city. " The murder of the
Italian,. Tony Chiseai of Chicago ia
the Italian, quarter of the city Wed- '
nesday morning, was followed jester
day by a letter from th MaJIa to one
of the wealthiest Italians ia the
city, demanding $2,000 o pala at as
sassination. Chlsesi was marde-red
to wipe out a debt which he bad
against two members of the asaoeuv
tion, one of them who had just served;
a term in the penitentiary. The- mur
derers fled to Thibodoaux, about
seventy miles from the oity, and have
so far eluded capture.
The letter demanding money was
to A. Montelone, a large shoe
manufacturer, and. one of the -wealthiest
Italians in the oity. The
letter demanded that he go to Don
aldsvlUe, in the' same section of the
state as Thlbodeaux, and place $3,000
behind a tree in' the woods, which
would be known by a- red. rag hang
ing from one of the limbs. It
stated that the woods would be
closely watched and advised that no
police be brought to the scene. It
threatened assassination in case the
police were notified. Montelone was;-'
very much frightened, but finally de
cided to place the matter In the hands
of the polloe and appeal for protec
tion. The police and better class of
Italians think that it is a genuine
letter and that the mafia, which has
been silent since the lynching,, has
again sprung into existence;
Alleged Train Robber Captured.
Pine Bntnrr, Ark;,. Jan. 29i Con
stables brought to this city and
placed ia jail two young men said to
answer the dewoription. of McNeill
Cotton Belt train robbers.
Campbell Wins the Contest.
Lawrence, Kan., Jan. 29. E.. F.
Campbell ' won the- contest and will
represent Kansas university in the
state oratorical contest His oration
was "Social Coodtlons."
Brookfleldi Ha a Blase.
Bbookfirld, Mo, Jan. 29. The
Doggett Hardware company was
burned out last night Loss, $20,000;
insurance, $13, 705fc The origin of the
lire is unknown.
Betel Destroyed by lire. .
ALMA,Kan.,Jan. 2!K Fire destroyed
the Commercial hotel, the oldest and
one of the best of this place. Loss,
$5,000; insurance, $2,000.
TELEQRAPHIC NEWS NOTES,
' Marshal Canrobert, the last mar
shal of France, is dying.
Emperor William of Germany writes
a flowery letter to "my army1' on his
36th birthday.
Efforts will be made to get a hear
ing on tho Ady-Martin contest case in
the senate this week. .,'
Ed Bennett alias Ed Clark, leader
of a band of Florida outlaws, was ar
rested at Wichita, Kan.
The Union Pacific railroad laid off
one thousand men lust week, owing
to poor business, and more may be
let out
Missouri Valley College of Marshal
has secured a legacy by the will of
the late John Denny of Syracuse, Ma,
of $15,000.
At Rolla, Ma, Dolly Worner, 23
years of age, committed suicide in a
store by swallowing ton grains of
strychnine.
' Miss Bertells of near Martlnsburg,
Mo., secured $3,000 judgment against
Chris Marburg for breach of promise
and seduction.
THE MARKETS.
Kansas Citt, Mo, Jn it. Whiat Cr
lot by sample oa track, at Kansas City, at
the close were quoted nominally as follows:
No. I bard, tUiio No I bard, SOo: No. 4
hard, 49o; rejected, 48t49o: No. I red. 50J
5io; No. Ired,49a&0o No 4 red. 48o: rejected.
47a No. 3 red nominally, 5J2)o. No. 4 red,
nominally, 5454a
Sales by sample on track, Kansas Cly: No.
t mixed corn, 44 S oars 4jo No. I
mixed, nominally 4das No. 4 mixed, nomi
nally 89o: No. 2 white, I ear 4I& No. rblte,
nominally. 40a
Can Siis-Lower; Mc$II per 100, lbs la
bulk, Millit Sr,D-German. steal U40&
L 64 per 100 lbs. Brs Firm: No S, nominally
Mo: No. 8, 480. FLAXSEID Dull; nominally
lt4LSt, aooordln to billing BRAN-Ftrm;
6S370c per owt saoked. (Jobs Chop Firm;
77SJo per owt sacked.
. Hay Receipts, Si ears:.' market dull and
weak. Timothy, fanoy, I1D choice. I8ij9.60;
No.!, S3 saw olover, mixed, .1.503 low
grade, 3 47.60: fancy prairie, to50: choice, It
7.60; No 1 K&aao. No. x, !4M(5; packing
hay, W60a4W
Chicago Board of Trade..
Chicago, Jan, 19 The f olio win t tabls
(bow the rants of prloes for aotlre futures
on the board oi trade to-day:
Jan. Op-ndlHlg-t Lost 3- J&f
WhxaT Jan 60 to 60 10 . 4 t
May 63 13S 53 t4
Julr 64 64 Uh 64 Mf
CORS- Jan 43 41 41 41 iS.
Mar 4SH 4A UH 44S 44
July 4f! H 44 44i 45
OAT Jaa H H 18
Mar tH t VH
Julr S
FORK- Jan 10 tiV, 10 g2 10 3-! 10 3 10 40
Mar 10 7 10 71 10 67 10 67 10 86
IaABD Jaa 6 67H 9 67 162 62ft 6M
Mr 7S 076 170 4 70 1 72
B. RIBS-Jan tU IIS It6 5 140
Mar 6 67 IS) 6 62 S,Vi 6 66
KANSAS CITT LIVE STOCK.
Kansas Citt, Mo, .'an, 29 Cattle Re
eelptt since Saturday. 4,143: Oalres, 9: ship
ped Saturday, l.&fti. The market for steer
nd cow wa actlre and steady to stronc,
though it clo.ed weak Texas cows, feeders,
calves and bulla steady Texas steer j opened
10c higher and closed dull and weak,
Dressed beef and export steers. I44t0;
cows and heifers, .1.60 i J 41 meal fed Texas
steers, 3ttJ 96: Texas and Indian steers, 12.10
Oiol Western cows. t!7J Texa and Indian
cow 11 9CX&2.10: dockers and feeders, (2 25
J 25 mixed, C 10 iJ9. 75.
Hogl Receipt since Saturday, 5,230: (hip
ped Saturday, 77L The market opened about
6obl:ber and lost the gain. The top wa
4 20 and the bulk was IS I to 14 for top and
N 85 to 140 1 tor bulk Saturday.
Sheep Receipts since Saturday, 2,434: (hip
ped Saturday, 25 The quality was good.
Many were Western. There was one lot of
Terr good cotton seed meal fed Texas mut
ton Tbe demand, was strong; ths muket
actlre and 1 t30o higher.
The following are representattre (ale:
IM Ml... 140
4X1 fed Wat 140
mat
7 IS)
iso
150
3 as
330
SM
242 fed Wst
89 It)
94 l
ia loo
lit IN
ao lambs... 6T
1 yr M
KKOT. m ini 0
Ibuek.... mi
60 lamb...
33 mul....
buck..

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