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Rock Island Daily Argus. OL, XI 127 ISJLAMD, TUESDAY, 51AKCU 22, 1892. , 1 I Fer Weak 19 Cnt I T -r- J-V m - -w . I " " -CI MER! TWICE AS LARGE! THRICE or LARGER! the London's stock this spring than any other house in the city. e are proud to state- that the dwellers of any wn, any city even, none excepted, will not have e advantage d'any choicer stock, better assort ed: r. or later styles than . . THE LONDON . ,s before the citizens of Rock Island this spring. The Largest Store in Rock Island, and Chuck Full of Nice New Spring Goods Three weeks of constant, persistent, painstaking, conscientious labor in the very headquarters of the clothing industry of the United States, en ables us to speak with confidence on the subject. For a beginner we offer: 50 Men's Suits at Square and round cut. $5 ?nn;' uwrcoats -jtesi Novelties. . y$r J & , - X v. Children's clothing department complete. Children's hat and cap department complete. trictK AEi'Rici-; ndiTsduio- everbody l,J"ey refunded 'r'fv ;ikine.' Every department in our immense store full and running over. HATS Three times as many hats as any other house, and we guarantee to save from yjlL LVUJ lid I. ould be pleased to show you through our slck if you wish to purchase or not No trouble to show goods. THE LOIN DON. SAX &- R1CE. Largest Room, Largest Stock. NO LONGER A TRUST The Standard Oil Company to Terminate Its Career. WILL BE ANOTHER KIND OP OCTOPUS Kesolutions Adopted by the Trust Cora bine Which Will Close the Deal In Four Months Iodl Gives lt History and Notes Some Popular Misapprehen sion an He See the Matter The Con cern Will Continue Business at the Old Stand in Auother Form. Xew Yoiik. March 22. At a meeting of the holders of the Standard Oil Trust cer tificates, at the office of the trust in this city yesterday, a resolution to terminate the agreemeut forming the trust was voted upon aud adopted by a very large majority, over two-thirds of the certificates being voted in favor of the dissolution. More than 200 of the certificate holder were present. John D. Rockefeller was chosen ihairman of the meeting and .lolm D. Archbol.l secretary. The following res. lutions were offered by Mr. S. C. T. Uodd: Appoints a Hoard of Trustees. Resolved, That the agreement d;ited Jan. 0, lsss, commonly known as the istauiliml Oil trust agreement, and the supplement thereto dated Jan. 4. ISS!), be and they are hcreby tcrrainated this aist day of March, 1. Anil fnrther resolved, that the affairs of the trust (hall be wound np by John 1). Rockefeller, M. H. Flatrer, William Itockefeller. John 1). Arch ImiM, Henjamin HrewRter. H. W. Rubers, O. H. Jenuinits and "Vesley II. Tilford, and the sur vivor or survivors of them, in the following manner: All property held by said trust, except stocks of corHra ions, shall lie sold by said trustees at private sale, ami the proceeds thereof, f Rether with any money belonging to the trust, shall Ik- distributed to the owners of trust cer tificates, according to their respective interests Disposition of the Storks. All stocks of corporations held bv said trust ees shall be distributed to the owners of the. trust certificates in proportion to the respec tive interests of said owners in the stocks s held in trust, ns cvidenci d by said trust certi ficates: that is to say each owner ot a trust certi ficate or ciltiliciitcs shall be entitled to deliver said certificate or certificates f.-r cancella tion and to receive in lieu thereof nn assicu imcnt of ns many shares or tract ions of shares in each of the corporations whose stocks are held in said trust as he is enti tled to by virtue oC said certificate or certificate-'- it licinc the intent ami meaning of this resolution that, the equita ble interests in said storks represented by trust certificates may thus on demand be converted into hval interests represented by assignments and transfers of said stiw k by said trustees to the parties entitled thereto, which transfers and assignments may be entered on the hooks of the several corporations upon the demand of the holders of such assignments, therchy rnercinjr or converting equitable ownership into legal ownership in said stocks. Trustees' Acts Its ti fled. All purchases, sales, exchanges and cancel lations of stocks or agreements, therefore, ex ecuted or executory, male by, the trustees during the existence of the trust, and all assents by said trustees as stockholders to pur chases, sales, and exchanges of corporate prop erty and to the formation and windinir np of corprt-atlons, and all other acts of the said trustees during the existence of the trust, are hereby ratified and continued. Provision is made in the resolutions for filling vacancies in the trustee body, act ing by a majority vote and limiting the power to vote on any stocks standing in the name of the trustees to four months from the date of action March 21. HISTORY OF THE GREAT TRUST. How an "Octopus Was Horn That t.rew Around the World. In speaking in support of the above reso lutions Mr. IV shl paid: 'Something over ten years ago a few individuals owning stock in a number of corporations engaged in transporting and refining oil entered into an agreement by which their stocks were placed in the hands of trustees, and certificates were issued by those trustees showing the amount of each owner's equi table interest in the stocks so held in trust. This was not done in order to vest the vot ing power in the h.ids of a few persons, lie cause the persons chosen as trustees then held, and always have held, the voting power by virtue of their absolute owner ship of a majority of the stocks. Other Things it Didn't Do. "It was tm; i.one to reduce competition, because the companies whose stocks were placed in. trust were not competing com panies and could not be so lung as their stocks were owned by these few jiersons. It was not done to limit production or to increase prices, but, on the contrary, it was done to increase production, cheapen cost of manufacture and to lower prices, and it has been successful in that object far beyond the anticipation of those who originated the plan. It was called 'trust' because it was a trust in the sense in which the word was then understood. It vested a fiduciary obligation in a few for the the benefit, of many, and the trustees thus created have fait hfullv ob served the trust confided in them. Wicked Trusts Sprang I p. "Other persons, however, found this trust plan a convenient one, and it is al leged that it lias been adopted for and adapted to purposes quite different from those which actuated the framers of this trust. Whether these allegations are true or false, it is true that a trust is now de fined to be a corporation to suppress com petition, to reduce product ion and to in crease prices. Public opinion has not un wisely been aroused against combinations for such purposes, and legislation of more or less severity, and rat her more than less peculiarity, has been directed against them in seventeen or eighteen states of the Union. So the Good One Mnst Go. "All such arrangements are now mis called 'trusts,' and all 'trusts' are popu larly supposed to partake of the same nature. For this reason, if for no other, it should be seriously considered whether thi-j trust" should not be terminated. So long as it exists this conception ot its pur pose will exist." Mr. Uodd then said that there was auother reason which made it desirable to dissolve this trust, and re ferred to the recent decision of the Ohio supreme court, which he said made the trnst what it was never intended to be, and decided that the Standard Oil com pany had forfeited its charter. Going Business at the Old Stand. lie then proceeded: "The trust cer tificates are evidences of equita ble titles in stocks, the legal title to which is rested in the trustees. It is pro posed to convert this equitable title into the legal title. Your interests will be tbo same as now. The various coroorations will continue to cio tne same ousiness as heretofore, and your proportion ol their earnings will not be changed. You will understand that 'A' will not get stocks in one corporation and '1$' in another Each one will get his due proportion in the stocks of all. Small Companies Will Die. "Smaller companies have been and will be wound up and go out of existence. The shares as finally distributed will not rep resent so large a number of companies as hare been represented in the trust, bat they will represent the entire interest held by the trustees. y0u will under stand that these stocks now stand on the books of the various corporations in the names of the trustees, and so long as they stand no other persons can vote at meet ings. To end this voting power today would leave the voting power to no one. When the stocks are transferred on the books to the actual owners, the voting power will vest in them. A reasonable time must be allowed for this change, and the resolution fixes it at four months." The Trnst Voted Out or Existence. Mr. Uodd moved the adoption of the resolution, and his motiou was seconded by Alexander E. Orr, who spoke in the same strain, after which the voting by ballot was begun. When the votes had been counted it was found that 736,000 shares had been voted, all of which were cast in favor of the resolution to terminate the trust. The meeting then adjourned A meeting of the stockholders of the Standard Oil company, of New York, will be held soon to consider the increase of 'the capital stock, and other state oil compan ies will follow its example. CRUELTY OF MEXICAN BANDITS. Tin- Itcvlish Tortures to Which a Rauch inan Was Subjected. TuMMsTONK, Ariz., March 22. The In dians have always been known for their devilish toitures, but it has remained for a band of Mexican bandits to cap the cli max. "Dutch" Henry's band of horse thieves raided Henry Wither's ranch ou thetiarrita river recently, driving away all his stock. Wither's started after the band single handed, and succeeded in shooting down three of them front ambush before they discovered that only one man was pursuing them. They succeeded in capturing him as he was trying to get away. l eft Tor llie Ants to Eat. Death was his sentence, but shooting was too easy a death. Withers was taken out on the hot sand beds and left to lie naked for several hours, fully exposed to the sun's rays. This was not enough, and he was then carried, still nude, to a bed of cactus bushes, where he was laid on the sharp poitits. He was bound tightly to' a stake, and then a large ant hill which was near w as torn open with sticks ami he was U ft to his fate. A Warning to Others. The insects swarmed out aud over With ers' In sly and within two hours he was dead from their bites. The ants did not leave him alone, however, until every par ticle of flesh was eaten from his bones. A prisoner ot the band was taken where he could witness the whole affair, and was afterward turned loose and told to tell the people that that' would be the future punishment of all who tried to kill a mem ber of t he band. CIVILIZATION IN ARKANSAS. High Mate It Seems to Have Reached of Development. V.w Hi kkx, Ark., March 22. Sunday night a tragedy occurred near Fuller. Scott county, in which Robert Doss and Jeffer son .Tones were mortally wounded. Doss had Wn paying attentionto.Tones' daugh ter. Wednesday night, because of some mischief of which Doss was accused, she refused to allow him to escort her home from church. Several young men began jesting Doss, and a light ensued in which Doss was badly whipped. Sunday he came to church armed with a double-barrelled shotgun, and created a sensation by at tempting to shoot one of his assailants. Tiro First Class Funerals Imminent. Jones, the father of the young lady, who resided within a few yards of the church, ctept, out and hurried home, and getting a Winchester rifle, returned and came upon Doss and ordered him to surrender. Doss turned and advanced on Jones. The latter attempted to hide, but. Doss fired before he found shelter, and Jones fell. Jones, now prostrate, returned the fire, and mortally wounded Doss. Both are so badly wounded that they cannot possibly recovcr. The Doings in Congress. W.sf!I;tov, March 22. Peffcr intro jduced a bill in the senate yesterday to fcive Sergeant T. C. Darter, Company A, First ludUna. $10,000 for saving Pope's army and Washington in July and Au gust. lt2, from annihilation by the rebtls. A batch of public buildinar bills was passed, and a bill to refund to settlers in the vicinity of a forfeited railway grant the extra price they paid for land in expec- utuon iiini me roan wouia be built was discussed, and a vote showed no quorum. The tension of Mrs. Anna Maria Young, whose husband served in the Revolution ary war, was increased to 130 per month. She is fj years old. After an exeeutivo sessiou the senate adjourned. Rabbi K. G. Husch. made the nraver in ihc house yesterday. The committee on printing reported iu favor of exDuneine frotn The Record the attack made on Will iams and Hoar by Walter under "leave to print. The military appropriation was passed with a clause providing that rail ways given assistance by the government should not be paid for transporting troops out of moneys appropriated in the bill. .The tariff debate was then resumed until, adjournment. That Cotton Tax Dobs lp A (J ill. Washington-, March 22 A bill to re fund to producers the internal revene tax collected on cotton was introduced in the senate yeRterday by George. The bill asks the secretary of the treasury to ascertain the amount of internal revenue tax col lected on cotton in each of the states and to refund the proport ionate amount to be held in trust by the states for payment to the producers. Claims under the act may be filed within two years after its passage. Don't All speak at Once. BerxiS, March 22. The uew grand duke of Hesse, Ernest Louis, will, for reason of tate, forthwith seek a wife. He is 24 years of age aud quite good looking for a prfnee. IT IS A STATES RIGHTS ROW. Cause of the Excitement in the Repub lic of Venezuela. Caracas, Venesuela, March 22. Gen eral Colina, who headed the revolution of 1874 against Guzman Blanco, has been nominated for president by the liberal party and a red-hot campaign is being waged. President Palacios has procured the suspension of the constitutions of five states and is endeavoring to strip them all of their individual sovereign rights and form's centralized republic, as Nunez has done in Colombia. States rights ideas have always been predominant in Venez uela since the time of Bolivar, and are be lieved to be now stronger than ever. Presi dent Palacios is urgingcongress to increase the dutiesou imports from the United States. Ruffianism or Tale Student. Xew Haves, March 22. A party of Yale men, bent on a lark, broke up the last act of "The Vendetta' at Bunnell's Grand Opera house Sunday. Ouc of the students threw a snowball, hitting one of theactors Another missile struck Miss Field, the leading lady of the company, and inflicted quite a severe blow. stunning her for a few minutes. Four of the disturbers were ar rested. Keen Striking for Kight Months.l Wilkesbakhk, Pa., March 22. The Montour Iron attd Steel company, of Dan ville, Ta., resumed work today, employing 400 men. The puddlers agreed to accept the $3.30 basis. The families of the men. who went on strike eight months ago, are in a destitute condition. LIVE STOCK AND PRODUCE MARKETS. Chicago. CmcAiiO, March 21. Following weio tin quota' tons on the hoard of trade today: Wheat March, opened &aic, closed 8:. tic. Slav, opened S44c closed :sc: July, open--1 K'4c, closet Wc. Corn- March, opened an l ciosed :!7e; May, opened 3S1-SC, clo-ed 3s'4c; June, openet 3T?fr closed "Jioc. Oats May, o-ienul atJufi, closed c7J-; June, opened , closed ".TTv?. Pork March, opened ll).0 closet i'JS; M: -, opened $10.15, close 1 fl0.(; July, opene . $10.;i closed S1U.171. 1-ard Mar.h, opened fCJl, close.l ti.l i. Live stock Prices at the Union Stock yard today ranpeil as follows: Hogs Malket active, and pricei .V hii-her; saloa ranged al $3.80Stl.Ui pigs, f.4VT-.4.S lijjht, f4.uiai routh packing, S44KTU.S0 mixed. and $4.;$j(i4.Tj heavy packing aud shipping Iota. Cattle Market moderately active and prices atcaiy; quotations ranged at J4 iiof,5.10 choico to extra thl;(pintt steers, J i.ajij.4.55 good to choice do. $i.Vi,7-i.9i fair to good. $-ti58l5i common to medium do, $:UM:i.(id butchers' fctcers, S.Viii&'-.'i.-M stockers, SiTVa3.9J Texas steers. filnr. AS.) feeders. $l.oil(j.4!) cows, $l.;rnaS.tiO bulls and 42..Vi(ii6.jU veal calves.. t-heep Mari.t t moderately active aud prioei higher; quotations ranged at J4.90 5.M westerns, fi.rjO.S) natives, and $j.25a6.i lambs. l"ro;luce: Butter Fancy separator. 7,3 2?c pir lb; creameries. .ii(i;7c; dairies, fancy, fresh, JKi.-3c; pa -km; stock, fresh, It (2.15c. Kggs rresh candied, lorn off, lSaiSc per doa. Dressed poultry Spring chickens, fair good, 1i&11o per lb; roraters, Sc; ducks, l;14c; gee, i-lie; turkeys, younj turns. U-c; fancy hens, 14c; old gobblers, !e. Pota toes Hebrous, 3ifija:c per bu; Hurbankg, 3S aXIc; Hose, -,35c for seed; Peerless. aj3c for see.i; common to -oor mi je t lots, "WSJ iic. bweet jotatoes. Illinois, Jl..'Jir.iS per bbL Apples Common, f l..'tt per bbl; good, $l.T5Si2."i; fancy, $2.-i. Xew York. New York, March 21. Wheat No. 2 red winter cash, fl.02J; March, fsUc; April, mi:; May, ttie. Corn No. 2 mixed cash, 47liiC; April, 40-lc; Mav, 4.V4C. Oats-Dull; No. S mixed cash, 34c; May, o4e Rye-Dull una weak; WH'Mc for car lots. Bariey In lipht request; two-rowed state, 535c. Pork Dull: mess, Sa.iOlC 0 1 for old. and S1I.UK5 U..V1 for now. Lard Wuiet; May, Jti.4S; July, $6 fill. Live Sto. k Cattle -Market slow at a re duction of 10c per WU lbs; poorest to best na tive t-t-ers $3.wi(34.!i0 per 10U lbs; Tetansand Coon.dos, fX40a.'i"; bulls and dry cows, $l.S0!u3Tli. Sueep anl Lambs Sheep firm; lambs active and a shade higher f .tr choice offorings: sheep, $5.001.81 per 10J lbs; lambs, (S..it'xT.u. llogs Nominally steady; live hogs, $ perlOO lbs. The Loral Jllarket. Cilice Rock Iehind D-ilt akd Wee-tlt Argfs 1 Uock Island, 111., March. 1693 G RAIT", ETC. Wheat-SSffiflOc. Corn 37:uc. Rye WJiSle.. Oils- 2s30c. Bran -s."c per cwt, Shipg'nff f 1.00 per cwt. liar T-moihv.Sl0 501150;prairie, S&13:cIovcr SS.10; baled, f 11 50. rnODircK. Butter Falrto choice, 5c; creamery, i-i.-50 Rigs Fre?b.SKc; tacked 90c. Poultry chickens, dQ,UM ; turkeys, I2tc dacks, 1-J4c: geese, 10c. THCIT AND VleVTABL-CS. Apples f a.4Ex&$- t5 pcr bbl. Potatoes see. On ions 8m&b5c. Turnips tSSOc I.IVE STOCK. Cattle Batchers fty lor com fed steer. 34(344c; cows and beifci', s&3Hc; calv cs 34a Hogs 4c. Bhcep 4Vi.5c. I I. v Aojinit . vxntn 1 uu vrui W I (blCW PUREST AND BEST; AT LESS. THAN lHALFo The price op other brands. pouNDsyMmjn-tQuArniRs SOLD I N CAMS J).N UYt