Newspaper Page Text
VOL. XLIII. NO. 58.
HOLIDAY Headquarters Many cholcs novelties for males of all ages. T" T Bilk Umbrellas; what's better for a gift? HH f> "Pf > This rain created quite a demand for ' x v - * Mackintoshes and Rubber Coats, we wore la it si usual. AT PRESENT WAITING Onr Overcoat counter is all mussed up. We can say more about them if we get a chance to get in their vicinity. Sociable Underwear. MULLENJMETT I CO., 101 NORTH SPRING STREET. 201-203-205-207 <Sc 2Q9 W. FIR9T BT. THIS M |« n « Evening. B^g AI THE SHOW THAT SHOWS ALL OTHER SHOWS 1 HO>V T0 SHOW. Gigantic Vaudeville max pettinoill, And P> T tne c r >nlne PArfnrmnnr- _ quigley bros. reriurmttnce. «\a/» geq. harrison. — xtr-tl MAY EEVELLIAU. Will BANFOBD AND RICE. SOOII _EMMA FRANCIS. . Surprise pica rd bros. _ YOU GOODWIN and SUMMEftS G R EAT" ' INMAN_and HART. — . . . ANNIE PICA RI) tj ll— I— BRADFORD BROS. PRICES | COM ' NCa Bl<3 A ?TRACT IO N3 1 IQ, 2Q, 25 Sc 5Q CTS. NEW LOS ANGELES THEATER. Under the direction of AL HAYMAN C. M. WOOD, Lessee. H. C. WY AT I', Manager. Entire Week of December 10th. Saturday Matinee. DAVID HENDERSON'S AMERICAN EXTRAVAGANZA COMPANY, In tha llaborato endTraniplendeDt Spectacle, ALADDIN, Jr. Successor to "ginbed," "All Bab.," "Crystal Slipper," etc Seats on sale fmm Monday, Dec. 10 b, to Saturday, Dec. 15th. ATHLETIC PARK. •AA. SATURDAY, DEO. 8, AX 1 :30 P. M. HORSE vs. BICYCLE—GREAT 50.MILE RACE. Do not fall to ere the race. ALBERT SHOOK, champion long-distance bicyclist of the wnrlri, will ride SO mllne straight, while three running horaea change every mile. The beat tbiee long dtaiance running horaea In the city and two champion Jock-ys, wlb be ln the contest, tbe Jockey, to relay every five mile*. General admission, 50c; Ladles. 25c, Los Angelea Military Band wi'l fnrnl.h rnn.'c. YOU NEED TO KNOW whein buying a piANO OR ORGAN You want to know the ability of a manufacturer lo supply high-grade instruments and give the moat for the money. CAPITAL—The capital of w. w. Kimball iz Co. of Chic >en, makers of Kimball Pianos and Organs, is exceeded by onlya fewof the larger banks of tbe United Mates. BARTLETT BROS, 103 North Spring St., Jg2 d ,,n, Zfto\ Instrnments, and their prlcea aro always right. ♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦•♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦a»»♦»»♦»♦♦♦♦♦»♦♦♦♦ SIC CRYSTAL PALACE ♦ SPECIAL SALtb. 138.140.14S S. MAIN ST. t | EVERYTHING A 9 FOR THE HOUSE AND KITCHEN. | 1 Snap for for two days only m f X clv. A SPECIAL Per Gent teas Than so ♦ ♦ Ctl 111 ft DISCOUNT OF Regular Prices, £ „ # ♦ Decorators ° n on ' enUre ,took o! "ll t —on— Haviland & Co.'s White China ~e $ ♦ FRIDAY And other China for Decorating. "° 4) X mrv r A frniTr't! Painl<s * n<s artieta' material, at ♦ ♦ —AND- L.c CrUIA b rainib 20 per cent DISCOUNT. m— J 2 SATURDAY oooley's gold »t c©c per box. IS Z | only. MEYBERG BROS. " P f WW WW WWW WWW VWW WWW WW W WW WW W WWWW WWWW THE PUENTE OIL CO PRODUCERS OP I ' I General Bnsiness *» DEALERS IN CRUDE vv-vv >ni miM mB BLOCIC Tel. 196. I IKO Lft U M Wells at Pratt, CiL This Company is prepared to sell and deliver crude petroleum in large or small quantities either ia task cars on line of railroads in Los Angeles or out #ide, or by tank wagon or drums t j any part of city. We furnish crude petro eura Ao Cable KyCtt,, RJac trie R'y Co., Temple-at J«' y Ca and other largecorr aaaiea. I Good Morning. 1 I Look Over the 1 LWant Columns | Btirne, p O R MAN ' Bruises, MUSTANG LINIMENT Bhemnattsm, AND BEAST. Stiffjoints. The Herald LOS ANGELES, SATURDAY MORNING. DECEMBER 8, 1894 REFORM OF CURRENCY. Secretary Carlisle's Plan Discussed. The Scheme Attracting Wide Attention. Some Sty Comptroller Eckels' Plan Is the Best. Tbe Two Contracted by a Prominent Member of aha Senate — Banker Bt. John Formulates a fropaaltlon. By the Associated Frees. Washington, Dec. 7.—Mr. Carlisle's plan of oarroncy reform is nstnrally at tracting great attention in and ont of congress. Mr. Carlisle, it is expected, will appear before tbe bouse committee on banking and enrreney to anawer any qnestiona tbat may be aeksd in fnrtber explanation of his propoaition, and to assist in the preparation of a bill cover ing bia views on the subject, which will soon be Introduced by Chairman Springer. While Mr. Cariiala's plan is favorably commented upon by many prominent members of both houses there are others wboae opiniona are of value who argue that the plan proposed by Comptroller Eckels in bia annnal re port has superior merit and when thor oughly understood will meet with gen eral approval. A prominent aenator, wboia recognized as an authority on financial matters, explained to a repre sentative of the Associated Press his viewa on tbe two piane. He said: "Mr. Carlisle's plan for correnoy re form, wben applied to praotice, will produce tbe following reault: Taking for tbe purpose of illustration tbe exam ple of a bank having $100,000 capital, ench a Dank would be entitled to iasue notes up to the limit of $75,000 (75 per cent of its capital), bnt before doing so must deposit legal tender notes to the amount of $22,500 (30 per cent of ita cir culation). Tbia in effeot would be equivalent to a net issue of $52,500 in circulation by tbe bank, or $76,000 re ceived in notea from tbe government, minus $22 600 in notea deposited with the government. "Upon tbia $62,500 of currency tbe bank would earn ita profits, provided it could keep them in oircnlation, after deducting costa for redemption, tax for tbe 'aafety fund' and tax for tbe ad miniatration of tbs comptroller's bu reau. "As a plan for relieving the general government from tbe burden and charge for redeeming Unitsd Statee notes it would, according to the secretary's esti mate, reault in aecuring the temporary deposit oi $22,000,000 oi theae notes witb the government if tbe 'national' and 'state' banka now in exlatence abould take out circulation to the lull amount proposed. "Let na see how Ibis result eonld be arrived at. At preaent tbe capital of all tbe national banks In existence is about $638,000,000. If to this is sdded $382, --000,000 aa tbe oapital of tbe state banka availing tbsmselvea of the privilege, a total capital ol $1,000,000,000 would be had aa the basis upon whiob to iaaue currency. Aaauming that all tbe banks possessing thia capital issusd enrrenoy up to the full limit of 76 per cent, we will bave an iaaue of currency to the amoont of $75,000,000. Againat tbia legal tendera to the amount of 30 per cent of circulation muat be deposited, or $225,000,000. "What will be the effect of thia npon tbe volume ol money in oircnlation 7" "Add bank note issues, $750,000,000, lees national bank currency retired, $172,000,000; legal tenders depoaited and withdrawn irom circulation, $225, --000,000, total $377,000,000; net increase in oircnlation, $353,000,000. "Assuming that tbia increaae oould be kept in oircnlation, a withdrawal of $225,000,000 of United Statea notea ia effected temporarily, but aa there are $98,000,000 of theae altegether outstand ing, there would still remain outstand ing a major portion of the mass or about $23,000,000 to barraas tbe treasury by presentation for redemption in gold. If the $750,000,000 ia not kept in circula tion, the amount of legal tender aeonred by redemption of eiroulation would be added to the large aum not funded. Again if the legal tendera depoaited by the banka are to be used for redemption of theae notea on prasantation, there would be no difficulty in procuring any amount of them by presenting bank notes. "So much for the practical working of the secretary's plan, and now we take a look at the plan propoaed by Comptroller Eokela. Aa ha gives no figures on whicb to base a calculation, but simply outlines tbe principles of Ibe plan, only a hypothetical illustra tion ol tho practical workings can be made. "Taking a bank with $100,000 capital, aa in tbe other case, the comptroller's plan appears to require that that bank depof.it with tbe treaaury $50,000 in United .Statea notes or legal tenders (for cancellation), in exchange for whioh it will immediately receives66,ooo io bank notea for tbe current redemption of tbe bank notea of tbia class, npon the fail ure or liquidation of the bank. "Tbia feature, therefore, ia neither expansion nor contraction of the cur rency, aimply tbe exchange of one kind of currency for another jnit aa good, but for tbe purpose aad with tbe effect of entirely relieving the government of the burden and coat of current redemp tion during tbe exiatenoe of the bank receiving and leaning tbe aame. Under this branch of the comptroller's plan, with tbe preaent capital of national banka. viz., $068,000,000, $334,000,000 of legal tenders wonld immediately be re tired and withdrawn from the possibil ity of being redeemed in gold by tbe general government, while a banking capital of $1,000,000,000 would aerve aa tbe baeis for retiring the entire issue both of United Statea and Sherman act notea, amount ing together to about $98,000,000. While under the aeoretary's plan a capital of $1,000,000 would effeot a witbdrawal. according to his own estimate, of only $225,900, ahonld not the bank notea is sued againat legal tendera be made avai able for lawful money reserve against deposila, as they are now, the legal ten dera wonld operate to bold them from redemption by the banka. "Paaaing to the other feature ot Mr. Eckels' plan it is found that a bank with $100,000 capital con Id also iaaue aa much aa $50,000 of aafety-fund notes, consti tuting a first loan upon ita assets and npon ita liability of ita shareholders and redeemable npon tbe failure ol the bank promptly out of a aafety fund created by a light tax npon all the banka issu ing tbia kind of circulation. It is upon thia claaa of notea tbat ths banka ahould make a profit which would be a clear one over and above tbe light expenses for coat ol redemption and taxation for Ibe aafety fund and for tbe cost ot oper ating the comptroller's bureau. "It ia io tbia |c!ass of currency tbat the element of 'elasticity'wonld be found for wbicb banka could issue either none at all or as much aa 50 per cent of ita capital. "Of tbe national bank capital 50 per cent would be $334,000,000, or a sum $102,000,000 greater tbat tbe total of prssGQ* »• r«;ion<»I bt>nk CiiCuiniiOu, viz , $172,000,000, wbile a capital of $1,000, --000.000 would provide for $500,000,000 of this 'aafety fund circulation,' a aom $328,000,000 greater tban tbe present bank iaaue. So within the limits, $500, --000,000 wonld be tbe expansion or con traction of thia entrency and tbia limit could eaaily bs extended in future if necessary by reducing the percentage of legal tendera, currency to be aupported by the banka and extending the limit for 'aafety funds' currency beyond 50 per cent of the capital. Ths 'legal ten der' currency out of the way by Mr. Eckels' plan of aubatitntion of bank notea, the practical result would be tbat all the paper currency would be redeem able only In gold or silver coin, for tbere wonld exist only one kind of bank notes, gold certificates and silver certificates." A BANKER'S PLAN. Mr. Bt. Jobn Offer, a Substitute for Mr. Oarll.l.'. Scheme. New York, Dee. 7. —At a meeting laat night ol tbe chamber of commerce, William P. St. John, preaident of the Mercantile National bank, said it was officially proposed that congreaa provide a profit to banka on bank notea by a scheme surrendering a profit of $10, --300,000 a year to tbe people at large, in United Statea notea. He characterized the acbeme aa preposterous and submit ted the following plan of relief: First—Congreaa to remove from onr standard silver dollar of 412.5 grama 910 fine, the single restriction of its legal tender fnnction and provide un limited coinage for eilver into thia dollar, on the terms prescribed for gold. Second—laaue to depoaitora of gold at tba mint, it they prefer, inatead of the coin to wbicb they are entitled, coin certificates redeemable on demand. Re quire theae coin certificates to bs re deemed in gold or silver coin at tha con venience of' the United Statea. To authorize the secretary of the treasnry in hia discretion to redeem them on re queat in atandard bara of gold or silver. Third—Authorize depoaitora ol gold coin and ailver coin to receive the pro posed coin certificates therefor and for bid all further issuing of gold certifi cates, ailver certificates and treaaury notea of 1890. Fourth—Until bimetallism (a a real achievement under this act, require that all the gold and silver for wnlch coin certificates are iaaned, be received in coin and atandard bara for their re demption, except aa next suggested. Filth—Authorize the aecretary, in his discretion and under regulations pre scribed by him, to direct the treaaurer of the United Statea to receive interest bearing bonda of the United Statea, duly hypothecated to the treaaurer, and iasne thereon safe amonnta of tbe pro posed coin certificates aa loans, the rate of interest on these to be at the rate of tbe intereat on the hypothecated bonda. Limit tbia "emergency issue" of coin certificates by the requirement tbat tbe aggregate of coin and atandard bara re served for tbeir redemption ahall not be leaa at any time than 60 per cent oi the aggregate aum oi all ooin certificates outstanding. It is explained that tbia final proviaion would be availed of in an emergency for tbia reaaon. (1) —That owners of bonda would not accept long time loans at a cost of all of tbe intereat in tbeir investment; and, (.2) —Borrowers of 4 per cent and 5 per cent United States bonds, hired to hy pothecate for auch loans, ahonld appear when only a real emergency wade high ratea for money in the market. "If a money panic threatened the pro posed enactment with a aharp oontrao tfon .of our aggregate of money, our final proviaion would empower the aec retary of the treaaury to iaaue $200,000, --000 of United States coin certificates sgainat ailver coin and bullion now in the treasury and loan tbem at 4 per cent and 5 per cent per annum againat United Statea inter st bearing bonda. "II lack of engraved coin certificates threaten the secretary's immediate con venience, I anggest that boldneaa equal ing the recent iaaue of interest-bearing bouda will immediately substitute silver certificates therefor." - The proposition and remarks were reoeived wttbout objsotion and filed without action The chamber adopted reeolntiona adverse to any further tariff legislation at present, on the ground that conditions ahonld be allowed to beoome settled. Order your suit early. H. A. Getz ia crowded for fine tailoring at moderate pricea. 112 Weat Third street. Wiokatrom & Person, tailora. Fit, workmanahin and gooda guaranteed firet-olaes; prices moderate. Room 1, 120 1 2 3. Spring etreet. The drag combine "busted" by OS & Vaughn. Druga at eaatern pricee. Ayer'e, Joy's and Hood's aaraaparilla. 05 eta; Paine'a Celery Compound, 75e; Syrupof figa, 36 cts. Babies cry for Oaatoria, 25 oenta a bottle at Off & Vaughn's, corner Fourth and Spring atreeta. Hollenbeoej Hotel Caf6, 214 Second Street. Oysters 50c a dozen, any style. Northern grapes at Althouae Bros. AT THE NATION'S CAPITAL An Animated Session of the House. Discussion of the Railroad Pool ing Bill. The Forest Preservation Bill Also Debated. Spellbinder Cookran Hake. On* of HI. F.mon. Bp.acb.. — Carlisle', financial Plan Ie On • Id.r.d. By the Associated Presa Washington, Deo. 7.—The houae apent an boor today in the c modera tion of the bill to proteot forest reserva tions. The remainder of the day waa occupied in the further uieuussiou uf tue railroad pooling bill. The debate waa participated in by Messrs. Bartlett ol New York, Cookran of New York and Wise of Virginia, in support, and Meeßra. Bryan of Nebraeka and North way of Ohio in opposition to tbe bill. The apeech ol Mr. Coekran waa especi ally brilliant, and for almost an honr he held the honae spellbound. Debate under tbe five-minute rule begins to morrow and it Ie expected that a final vote will be reached on Tuesday of next week. The bulk of tbe opposition seems to be directed at tbe aeotion of tbe bill which givea railroads the right to appeal to the courts from the decis ions of the commission revoking pool orders. At ths opening of the sesaion, on motion of Martin, Democrat, of Indi ana, tbe order for a nigbt setaion thia evening to coneider private penaion billa was vacated. The committee on bank ing and currency waa given leave to sit during the seseiona of the house. The honaewent into committee of the whole to consider the president'a mea* cage. Wilson, Democrat, of Weat Vir ginia, moved that the committee of the whale be discharged from coneideration of tbe message, and tbat ita various parts be referred to the atanding com mittees having jurisdiction. Grow, Republican, of Pennsylvania, in accordance witb tbe notice previously given, addressed bimaslf to the banking scheme promulgated in the president's message. lie aaid be believed tbe law should remain exactly aa it was, except that banka be allowed to depoait money aa well aa bonds for circulation and take ont $110 on every $103 io money depos ited and oircnlated np to the par value of the bonds. State banks, he believed, should have the aame rigbt of issue, with the same liability to tbe govern ment, together with tbe peraonal liabil ity of the stockholders. The motion of Wilson was then agreed to. In tbe morning hour Mcßae, from the oommittee on public lands, oalled np the bill to proteot forest reaervationa. Wells, Democrat of Wiseonain, op posed the bill in every feature. The at tempt to drive tbia bill through under whip and epur amelled (he would aay savored, if he did not have auch a high respect for the chairman of the pnblic lands committee) of boodle. It waa aaid the Forestry association waa behind thia bill. There waa another association behind it which had ita origin in Maine about 50 yeara ago and bad now ex tended to the Pacific; alope. It was an association of timber thieves and land sharks. If theee timber thieves were allowed to go into tbe public foreata they would bribe the agenta of the in terior department and destroy tbem. The pine land thievea of Michigan and Wisconsin, he declared excitedly, had grown rioh in plunder and then bought seats both in this house and the other. He challenged any advocate of the bill to show a line in it that designs to pro tect the public foreat. When Weils took hia seat Chairman Mcßae indig nantly denied that there waa a land ring or asseciation behind the bill. He bad assumed responsibility for the bill, and if the gentleman f rom Wisconsin knew of any hidden power behind it, he wonld yield time for him to make known ita nature. "I eaid before," replied Weill hotly, "I believe in yonr honesty, bnt tbe gen* tleman is green in tbe lumber bneinese, and I believe tbe gentleman ie being deceived and made a tool." "I may be green in the lumber busi ness," retorted Mcßae, "but 1 take pride in tbe fact tbat I represent one of the largest timber sections of the country. My etate, however, is not affected by tbis bill. Tbere is no interest behind thiß bill save sucb as ougnt to inspire every patriotic American, to protect tbo foreate from devastating fires and timber thieves." After come further debate by Wilson, Republican, of Washington, Pickler, Republican, of North Dakota, and Oof feen, Democrat, of Wyoming, the morn ing hour expired, and in accordance witb the terms of the special order the railroad pooling bill waa taken up. Bartlett, Democrat, of New York ad dressed the houae in favor of the meas ure, arguing in support of legitimate and legal pooling. Coekran of New York, in speaking in support of the measure, laid: "It ia urged tbat tbe granting of pool ing privilegea would be an enlargement of the privileges of tbe railwaye. It wonld probably be the restoration of that freedom of contract to which they were entitled by common law before the interstate commerce act robbed them. Tbe railroad companise are entitled to conduct their properties at a fair profit." Bryan (Dem. of Neb.) opposed that section of the bill whioh allows tbe railroads to appeal from the decision of tbe commission revoking pooling orders. The commission ahould have absolute control, if the pooling privilegea were to be permitted, but be opposed any bill authorizing pooling. Pooling subverted tbe doctrine of competition. The pro tection of society from.extortion rested on competition. The time had come when railroad ratea should be reaaon TWELVE PAGES. AN INDEX TO YESTERDAY. i-.V TBLRGRAPH—DoInga at the national capital Carlisle's currency refoim scheme Hatch ocqultte I ot the charge of tratn-wrocklng Pacific coaat happen ings Death of Ferdinand de Leaseps Foreign fiasbes....Sportingnotea General news gleanings. LOOAL—Tbe charity ball; detailed accoant oflc City council meeting: a change ln the bond Intereat; overcrowded electrlo cars — A Diotorneersavea achild's life.... Tbe pottonica lorce overworked The Schock bicycle race today A suicide Identified....Tho Yatman meetings Murderer John Craig; he la to be sentenced today—A. J. Conrad of Helena, Mont., at tempt, suicide An alle|ed conapiracy against tbe life of Ktzler, tho Roscoe train robbery witness .. Myste ioua death of An drew 11. Wetr of Downey avenue. NEIGHBORING PLACES. Pasadsna-A young painter hurt Electric road In trouble. Ontario—The rain Personals. Redlands—Olty Attorney Bennett's salary ....Snow in Brar valley. Pomona—A boy wbo broke Pullman car win dows .. The Pratt meetings. Santa Ana—The grand jury's report. giv.sNew enterprise?.... The rain. POINTERS FOR TODAY. Athlitic Pabk—SchLCk bicycle race againat horses at 1 :SO p. m. High School—Meeting of County Kduca tlonal association, 10 a. m. Los Augklis Theatkb —The new boy, mati nee and evening. bi r.ui.NK Theater—The Operator, matinee and evening. The Imperial—Vaudeville. able, and he offered an amendment witb which be wanted to teat tbe aenae of the house. Unless one principle waa to exist for other corporation and one for railroads, railroad rates abould be cal culated on the present actual value of a railroad. Tbe amendment was as fol lows : In determining the reaaonableneaa of ratea, the commission Bhall allow profits only on the cost of reproducing tbe roads and rolling atoek at tbe present time, regardleae of original coat, regard leas of tbe amount of capital atock is sued, whether real or fictitious. Bryan waa applauded when he fin ished . Northway alao antagonized the meas ure. Wise of the interstate commeroe committee aupported tbe bill,. At 5 p. m. the honae adjonrned nntil tomorrow. FINANCIAL LEGISLATION. Speedy Action to Be Taken on Car- Mete/a Plan. Washington, Dec. 7. —A programme for the spssdy consideration of the financial plan proposed by tbe president and Secretary Oarliale, waa arranged by the houae committee on .banking and enrroncy today. Three resolutions were paased. The first specified that Secretary Oarliale and Comptroller of Currency Eoklee be invited before the committee at 10 a. m. Monday, and tbat the bearing close Saturday, De cember 15th. Sentiment among the Democrats was for proceeding aa fast aa possible and reporting a bill before the holiday reoeaa. The aecond resolution authorized Chairman Springer to invite the mem bers of tbe oommittee next week to give their views. It was carried, althongh Walker and Johnson, Republicans, op posed it. The third resolution adopted author izes tbe call of the committee at any time and makes five a quorum. This is to prevent delays in the apesdy pre sentation of the bill. The meeting diaoloaed that there will be no factions opposition from the Re publicans toward getting the bill before the houae. CONTESTED SEATS. The Republican Uongr.a.lnnal Campaign Commlttae Giving No Ad.ioe. Washington, Deo. 7.—Chairman Bab cock of the Republican congressional campaign committee says the report aent out from Washington that the committee waa aending circulars to in tending Republican conteatanta in the next honae, telling them tbat their oaaes would be considered only on their merits, is a fake pure and simple. "Tbe campaign committee haa noth ing to do witb oontesta,'' aaid Mr. Bab cock. "They are mattera to be dealt with in the next honae. It wonld be fooliab for the committee to undertake to dictate to any man what he ahonld do." Republican leaders in the houae who are not membera of tbe committee say tbat the matter bas never been talked about among them, aod they have not considered it as their business to make suggestions to men who were contem plating conteata. THE CHINESE TREATY. Final Ratlfinatlou. Exchanged by Graa fian* and Yang Tu. Washington, Deo. 7.—The long delayed Chinese treaty has at last ar rived in Washington. It was delayed because the Chinese government, wish ing to adopt every precaution, had die patched tbe documents to the United Statea by way of Europe, inatead of by the shorter Paoifio route. Thia after noon Secretary tiresham and Yang Yu, the Chinese minieter, exchanged the final ratifications and nothing now re mains to be done but to promulgate the treaty, aud it ia expected the proclama tion will follow in a day or two. Gold Production. Washixoton, Deo. 7. —The treasury department haa received Buch figures in gold production daring the calendar year 1894 aa warrants tbe belief tbat it will approximate $43,000,000. distributed aa follows: Colorado, $11,275,000; Mon tana, $4,575,000; Idaho, $2,250,000; California, $1,750,000. Total for the four statos, $20,550,000. Increase for tbe four states during the calendar year, $7,000,000. Production of all other states and territoriea, $13,150,000. Total production, $43,000,000. Dr. Price's Cream Baking Powder World's Pair Highest Medal and Diploma. PRICE FIVE CENTS. HATCH SET FREE. One of the Alleged A. R. U. Train Wreckers Acquitted. THE JURY'S QUICK WORK It Took Them Bat a Short Time to Return a Verdict. AN ALL-AROUND SURPRISE* Eren th* Frl.ouor'a Friend ■ Did Not Eipact Booh » Ftftvortbl* R© #ult — Appltmn'i Trial Commenced, By th* Associated Press. Woodland, Deo. 7. —Melville E. Hatch, ot Sacramento, a member of the board - of mediatiop of the A. R. IT., waa ao quitted by a jury thia afternoon of tha charge of murder preferred againat bin aa a reault of the train wreok, during the recent atrike, in which Engineer Clerk and four United States soldiers were killed. Carroll Cook closed his argument for tbe proaecution at 11:30 a. m., and Judge Grant immediately began to read hia instructions. The eaee was given to the jury at noon, and the sheriff waa inetructed to take the jnrors to lunoh befoie locking them up. The jury were looked np at 1 o'o oek and at 1:30 tbere waa a knook on tba door and the announcement waa made that a verdict had been rsaobed. Tha jury were called in and annonnced a verdict of not gnilty. Tbere were three ballots. On the first ballot tbsy stood 10 for acquittal and 2 for oonviotion. On the second ballot only one stood out for conviction. On the third ballot tha vote wae unauimoua. Nobody waa more anrpriaed at tha verdict tban Hatch's own father and mother. Tbe elder Hatoh expected nothing bnt a disagreement of the jury, and tbe prevailing opinion was in accord with him. Tbere were a number, and among tbem lawyers, who believed tbe verdict would be guilty. Mr. Cook's masterly cloaing argument made a very marked impreaaion npon ths spectators, and even Hatch's moat ardent friends seemed to loae hope aa tbe ohain of cvi« denoe link by link was forged, as only a man who is skilled in the law and who has made a patient and diligent study of every phase of the oaae could forge it. There waa a great deal of speculation aa to which of the jurors could be depended upon to hang ont for acquittal. Some eaid tbere would bs tbree, some two, and a number counted on but one. Tba verdict, therefore, waa in the nature of a aurpriee, and ia the abaorbing topic of conversation tonight. Snch a verdict at tbe end of tbree or fonr daya would not bave probably excited mnoh talk, but it is Considered extraordinary tbat an agieement ahould have been reached in auch aahort time. When the result waa reached thera waa loud obeering in the jury room. The court room waa almoat deserted, but tbia oheering attracted attention and the crowd came in witb a rueh. A moment later Juror York came to the door and announced that a verdict had been reached. The jury was brought into the court room without any delay. Yonng Hatch was pale and nervous and kept his eyes riveted npon tbe .jurors. Hia wife was deeply agitated. Otber members of the family gave no indica tion of any violent emotion. Judge Grant warned the audience not to mako any demonstration. "Gentlemen of the jury," aaid tha court, "have you arrived at a verdict?" "We have," came back in a cborua. "Arise and announce your verdict," aaid tbe oourt. The 12 men, inatead of the foreman alone, aroee and in one voice exclaimed» "Not guilty." The verdict waa handed to the clerk who read it aloud. "Gentlemen of tha jury," queried tha court, "ia that yonr verdiot?" "Ii is," tbey all answered in ona voice. "You are discharged from further coneideration in this case," announced tbe court. General Hart waa not present, bat Mr. Gaddis, tbe junior counsel for tba defense, waa aa much affected aa any member of the Hatch family. Mr. Cook, counael for the prosecution, congratulated the defendant and bia family. Aa the jury filed out of tbo room eaoh of tbem ahook hands with Hatch and his family. Tbe elder Mrs. Hatch and daughter aa well aa the elder Hatch were profoundly agitated. Tbe defendant's wife was almoat byateiioal with joy, tears streamed down her cheeks, and in an ecatasy of delight she declared, "I have not been ao happy since the day I was married." The court room wae filled with friends and sympathizers of tbe defendant, aud there ia no doubt tbat the verdict met witb the approval ol a majority of thosa present. Tbe Hatch family left for Washing, ton, this county, on a late freight train. There ia a rumor that a warrant ia out for the re-arrest of Hatch on a charge of obstructing tbo mails, bnt it cannot be traced to any reliable source. Attorneys hore who represent the railroad com pany aay tbey have heard nothing of such a rumor. Tbe crowd tbat watched tbe closing acenea of tbe Hatch trial bad acarasly left tbe court room before the Applemaa* caee waa called and ths work qi ie^geat*