Newspaper Page Text
I THE MORNING NEWS. I
J EsTABLISHEI>I9SO.INCORPORATKDISBB. >
I J. H. KSTILL, President. )
OLCOTrS PLAN GIVENOUT
TERMINAL SECURITIES TO GIVE
PLACE TO NEW ONES.
The Total Iseue of $350,000,000—1t Is
Divided Into $170,000,000 In 4 Per
Cent. Bonds, $70,000,000 Preferred
6 Per Oent. Stock and $110,000,000
In Common Stock. *
New Y ork , March 16.—1 returned here
last night from the south, and from the
hour of my arrival have devoted myself to
ascertaining the true inwardness of the
Terminal situation. I fail to discover the
slightest trace of confirmation of the big
story with reference to the Baltimore and
Ohio having made a wholesale scoop of the
Terminal system, lu fact a man said to me
to-day: “The reporter who got off that
special is entitled to the palm for enterpris
ing journalism, provided the story be true;
and if not he ought to have a chromo for
ex ravagaut imagination.”
But the long-looked for plan of the Olcott
committee, altered und amended to fit the
ejigenc.es of changing conditions, is at last
out. It was given to the press about 5
o’clock this afternoon. It is too voluminous
to give you anything but the briefest sum
mary of it. The following is a synopsis:
•‘The Richmond and West Point Termiuai
Railway and Warehouse Company re
organization committee, consisting of
F. P. Olcott, Oliver H. Payne, Fred
erick D. Tappen, William H. Perkins and
Henry Badge, to which has been added H.
C. Fahnestock and J. Kennedy Tod, and of
which G. 8. Eilin is secretary, publishes to
day its plan of reorganization.
THE NBW SECURITIES.
“The plan provides for an issue of 4 per
cent, first mortgage 35-year gold bonds, in
terest from March, 1893;coupons quarterly;
March 1, June 1, Sept. 1 and Dec. 1; $lO,-
000,000 of which are not to be used for re
organization purposes, but only for the
acquisition of additional property; a total
of $170,000,000, and preferred 5 per cent,
stock, noncumulative, $70,000,000. A vote
of the majority of preforred stock is requi
site to authorize any additional mortgage
on the property covered by the first mort
gage. There is common capital stock of
$110,000,000, making a total capitalization
of $350,000,000. This total capitalizationtis
to cover the securities of the Terminal com
pany, Richmond and Danville and East
Tennessee, in the hands of the public and
owned and controlled by the Richmond
Terminal Company, amounting to $394,-
572,101, exclusive of car trusts. The plan
provides for the retirement of existing car
trusts, amounting to $2,369,504, and the
floating debts, amounting to $0,310,000.
THE FIXED CHARGES.
"The presaut fixed charges, inoludiog car
trußts, amount to $9,474,837, against net
earnings of $8,744,736. The fixed charges
under the proposed plan, when carried out
will amount to $6,400,000, to which should
be added the rentals of the Cincinnati
Southern ($1,000,000), and the North Caro
lina railroad ($260,000) making total fixed
charges $7,660,000. This loaves apparently
$1,100,000 in sight for dividends on the new
5 per cant, preferred stock.
THE CINTBAL LEFT OUT.
“The committee calls attention to the fact
that in viow of the pending litigation
affecting the Central Railroad and Banking
Company of Georgia, and of tbo questions
which are before the courts, and undeter
mined respecting the existing lease, and
considering the legal difficulties attending
the consolidation of that company, it has
found it advisable to make no provision for
the present for taking up the outstanding
stocks and securities of the Central Rail
road and Banking Company of Georgia, but
the interests of the Richmond Terminal
Company in those stocks and securities will
vest in the new corporation and form a
part of the security for the new first mort
gage bonds. It is contemplated by the plan
that the rights and interest of the East
Tennessee, Virginia and Georgia Railroad
Compuny in the securities of the Alabama
Great Southern Railway Company (lim
ited , the Alabama Great Southern railway
and the Cincinnati, New Orleans and Texas
Taciflc railway shall be subjected to the
hen of the new first mortgages; that tho
SMisfiaction and discharge of the Richmond
Terminal collateral trust 6 per cent, mort
gage will be deferred until the collateral
deposited to secure the bonds i3sued there
under may, in the judgment of the com
jnittee, be directly subjected to the lien of
lae first mortgage.
A REDUCTION OF EXPENSES.
"In the opinion of the committee,the con
centration of the numerous corporations
under one management will result in a large
’eduction j n the expenses, and a corre
'feuding increase in the net earnings.
“The plan makes due allowance for requi
site improvements and betterments during
uext two years, the addition of which
result in a material reduction of operat
?? expenses. The committee is to name the
, 1 hoard of directors of the new corpora
tion, which will be called "The Southern
fteilway Company.” In determining the
Asia of old securities for new, the committee
endeavored to exercise absolute impar
ity, and has reached this conclusion
■tor a careful study of the merits of each
wunty. The terms upon which the
went securities are to be exchanged
J those of the new company
™“not be set forth in the limits of thissum
-143 they occupy nearly a score of pages
toe pamphlet copy of the plan. An inipor
feature of the plan is the rights which
given to the holders of Terminal oom
['“uud preferred stocks and collateral
"’y.per cent, bonds to subscribe to the
rarities of the now company. Each
of 100 shares of those stocks and of
b bO bond Is entitled to subscribe $1,600
j; the cash fund of $14,588,0-10,
°u is necessary to meet the
p“ requirements of the plan.
tei U j oll Wl Ascription of $1,600 they will rn-
T, ,IHJ O °f now 4 percent, bonds and
v 90w preferred stock. Holders of
I f> ;®° lints thau 100 shares of stock and
jjL.. " lid may subscribe to the new so.
i,., 1 - 8 ‘ u tho same proportion. A bankers’
•tteir 10 ljau formed, which has guar
•the entire subscription. The reor
>3 being effected through tho
'■‘ r ul I rust Company of New York.”
, “ther new developments.
#r Ut, entirely apart from tho plan, there
tj c ’ r r “ nJ I,BW developments in the situa
qo. ■ extraordinary interest. Matters
iLp,' natp ' l l * lis afternoon when, at a called
°f the Termiuai and also of the
ii-i, l ’ n ‘ 1 Red Danville directors, John H.
of j/.! t “ , *oored bis resignation as president
jiA! Cl|||| pauies, and VV. G. Oakman was
to the double position to succeod
•and ) w ' h “ ,l Important occurrence natur
-1)*,.,,“' it j ll, si to some explanation. The
Ah, 1 can furnish U about as follows
of i.,;.”" •*y ago K. I’. Oloott, president
I Mj “itrai Trust Company, and bke
beo oi, r ' wnn °* lha Richmond Terminal
eouria, 1100 committee, became dit
pla; 7 , MlO the probable success of his
cam.?*. n P ro P'ed. It teems that be b
' fm ' , '' r * u *9' and that, tbe enormous amount
I'Togr., becostary to the carrying out of bp.
could not ba raised, and wh'-n
Central was put ui the hands
of a receiver that was tbe "last straw to
break tbe camel’s back,” so far as putting
the plau through was ooncerned unless radi
cal alterations were made in It, and new
backers for it secured. Tbe strongest com
bination of financiers available for tbe pur
pose was the First National Bank party,
consisting mainly of George F. Baker, H. C.
Fabnatcck, James G. Garland, George S.
Scott and one or two others.
A STRONG SYNDICATE.
These gentlemeu command an inexhausti
ble supply of money, havs bean ooatpiou
ously successful in their Wall street opera
tions and are thoroughly familiar with the
Termiuai property through their past con
nection with it a long time ago.
As the story goes, it is said Mr. Olcott
went to these gentlemen about ten daye ago
and asked them if they wonld entert iln the
idea of associating tbemsslves with bim in
the contemplated reorganization of the
Terminal property. They consented to do
so upon certain conditions, which condi
tions were of their own making and without
personal consideration for anybody con
nected with thi> Termiuai management.
One of those conditions was that the Geor
gia Central railroad should be left entirely
out of any plan looking to the
unification and reorganization of the other
properties embraced In the Terminal sys
tem. Here the curtain falls and further de
tails of the conference between Mr. Oloott
and the First National Bank crowd are not
to be bad. Tho terms, however, must have
been entirely satisfactory to Mr. Olcott, for
he proceeded at once on an entirely new
line of action. It being remembered that
John H. Inmau bad for a long time ex
pressed not only a willingness, but a desire
to retire from the presidency of both the
Terminal and the Danville, he was ap
proached to know what he thought of W.
G. Oakman as hla successor.
OAKMAN DECIDED ON.
Mr. lutnan Indorsed |Mr. Oakman heart
ily, and thereby that first vital step ia the
new programme was settled then and there.
The next more was to put Mr. Oakman in
the highest possible place that could be
made for him in the East Tennessee, Vir
ginia and Georgia management, and ac
cordingly Gen. Thomas was asked If he
would be willing to vacate the chairman
ship of the East Tennessee directory in fa
vor of Mr. Oakman. This the general con
sented to do, and the suggestion was carried
into effect yesterday.
At the meeting of the Danville directors
to-day Ram Inman of Atlanta resigned
from tMa board and H. C. Fahnestock was
eleoted ia his stead. J. H. Inman,
though retiring from the prosidenoy
of the Danville, remains in the directory.
At the meeting of the Terminal directors R.
L. Wilson resigned from the board and W.
G. Oakman was eleoted in bis stead. Then,
upon Mr. lomau’s resignation of the Ter
minal’s presidency, Mr. Oakman was elected
to that office. It Is said on the street this
afternoon that these changes in the manage
ment of the Terminal, Danville and East
Tennessee are only forerunners of the many
more that will quickly follow.
A BRAND NEW DEAL.
In other words it is a brand new deal
from top to bottem, and while J. H. Inman
and (ten. Thtimas will probably remain in
the directory of the several corporations of
the Terminal system the control
of the whole business practically
passes into the bands .of the
First National Bank people and
their associates. It is said further that
J. Kennedy Tod and Winslow, Lanier &
Cos. are identified with the First National
Bank people. Thus far the Calhouns do
not appear as being in auy way whatever
connected with tbe new deal. Tbe important
alteration in the preoonoeived Olcott oorn
mitteo programme consists of a material
reduction in tbe aggregate issue of new se
curities to perfect the reorganization. This
oornes about mainly from the fact that tbe
Georgia Central is not to be in it. Of all
those heretofore prominently identified with
tbe management or control of the Terminal
system, there is only one who is said to
have any conspicuous part in the new deal,
and that is the far-sighted and quick
witted Ohio statesmen—Senator Calvin 8.
Brice. It is reported that he is in perfect
accord with the new turn which has been
given to affairs and that his views will be
just as powerful in the new regime as they
have been heretofore in the old manage
ment. In other words it appears to a
man up a tree that the senator has man
aged to play his cards well enough to make
himself indispensable to the powers that
are to be, and so far as the game has pro
gressed it falls to appear that be has missed
a trick. M.J. V.
A HEROIC FIREMAN.
Fatal Injuries Suffered While Rushing
to Rescue His Brother.
Philadelphia, March 16. —W. G. Pen
nypacker’s barrel factory at Swanson and
Reed streets, in the rear of Spreckels’ big
sugar refinery, was destroyed by fire this
morning. The fiarnes originated in a kiln
used for drying barrel staves. While the
fire was at its bight it was reported that
Fireman George Solley of Engine Company
No. 10, was inside tho burning building. In
an instant, Robert Solley, his brother, a
member of the same company, sprang for
ward to go to his rescue, but at the
threshold was knocked senseless by a big
slab of red-hot slate that fell from the roof.
The injured man was taken to a hospital,
where, it is said, the chances of bis
recovery are slight. Afterward
it was learned that George
Solley was not in Rebuilding at all, but
was only a few feet from the scene of the
accident to his brother. The flames burned
fiercely for five hours. Tbe barrel factory
was erected by Claus Spreckels at the time
he built his refinery, and was leased to Mr.
Permvpacker. The loss on the building,
machinery andjstock is $150,000, partly cov
ered by insurance.
MAYOR FICKEN MAY RESIGN.
The Opposition to the Enforcement
of tbe Sunday Law Too Strong.
Charleston, 8. C., March 16. —There is
agitation in political circles here to-day
by rumors that Mayor Ficken will
resign his office, it is alleged, on ac
oount of complications and difficul
ties In the way of his attempted enforce
ment of the Sunday laws. The mayor, as
usual, declines to commit himself as to his
intentions. The enforcement of the Sunday
law has raised a storm of indignation
against the new administration, especially
among the Germaus, many of whom were
the mayor’s stanchest supporters in tho
reoout light in the Democratic party.
Another Drummer Kills Bimself.
Charleston, 8. C., March 10.— Laurens
Toomer, a well-knowu Charlestonian, com
mitted suicide at Summerville last night by
shooting himself in the head. Toomer was
about 40 years of age and was a member of
a well-known family. He was formerly in
the wholesale dry goods business hero, and
was a popular traveling salesman. Ex
cessive drink is supposed to have unbal
anced his mind and led to his death.
A Railroad Leaeu Ratified.
Roanoke, Va„ March IA -The stock
holders or the R iaJloke and Southern rail
road met here to-day. and unanimous!*
rat.dad the le-se of that road to the Norfolk
aud Western for muety-uuw jears.
SAVANNAH, GA., THURSDAY, MARCH 17, 1892.
POLICY OiY THE TARIFF.
the democrats undecided on
BRINGING IN MORE BILLS.
Fears of Exciting Opposition In Cer
tain Sections If Special Articles Are
Singled Out as the Subject of
Soeclal Bills—Free Coal and Free
Iron Ore Not; Wan ted By Certain
States.
Washington, March 16.— The (demo
cratic majority of the ways and means
committee Is hesitating now that tbe three
tariff bills are before the House whether to
go forward and report more bills or await
tbe attitude of tbe party upon those already
reported. The question wig some what dis
cussed at the meeting of tho committee
yesterday, but no decision was reached aad
it will be taken up again in a few days.
The fact that not a single bill can pass the
Senate and become a law makes tbe ques
tion, in the opinion of tbe democratic
members, essentially one of political ex
pediency. Some members of the commit
tee maintain that it is necessary m order
to prove the sincerity of the
majority in the contest for reduoed
taxation to report a number of
additional bills. The one most likely
to be reported next, if any more reports are
made, will place barley on the free list.
This has been urgently demanded by the
brewers and will be especially beneficial to
the establishments along the Canadian bor
ber.
FHKE GOAL AND FREE IRON ORE.
Two more bills which some of the eastorn
members are very anxious to see reported
are bills for free ooal and free iron ore.
There has been a strong demand among the
iron manufacturers of Massachusetts and
Rhode Island for these raw materials, and it
would help the party in the majority if
such bills were reported by the committee
of ways and means. It is just at this point
that the advocates of a different policy
come in oontlict with the advocates of re
porting a variety of bills. Free ooal and
free iron ore are not relished ia West Vir
ginia and Maryland, and there is probably
scattering opposition to such legislation in
Northern Alabama and East Tennessee.
mr. Wilson’s attitude.
Mr. Wilson of West Virginia, who is con
sidered one of the most aggressive tariff
reformers on the ways and m eaus committee,
has suggested delay whenever tbe question
of reporting free iron ore has been raised in
tbe committee. He would undoubtedly sup
port a general tariff bill containing such a
provision, but he would rather not see those
two interests of Y.’est Virginia singled out
for special legislation. Tbe benefit which
the party would receive in Massachusetts
and Rhode Island would be offset in a meas
ure by the injury it might receive in
West Virginia. Mr. Wilsou probably
has no fear that free coal aud free
iron ore would cripple in any de
gree the industries of West Virginia,
but he knows that such legislation ou the
eve of a presidential election would be
seized upon to prejudice the people of his
state against his party. The argument
which applies in this case applies to other
localities lu the case of other articles, and
several members of the committee are urg
ing that no bills ba reported which will
single out particular articles for reduced
duties and will make it hard for the majority
to hold its ground In districts where domes
tic manufacture of these articles are profit
able and strongly intrenched.
THE ADMINISTRATIVE LAW.
The consideration of changes In the ad
ministrative law has been delayed because
the members of the committee have been so
busy with the bills relatiug to wool, binding
twine and cotton machinery. Mr. Wilson,
Mr. Stevens of Massachusetts and Mr. Dal
zell of Pennsylvania are the subcommittee
on the administrative law, and they will
probably take up in due time the subject of
changes in it. Mr. Andrews of Massa
chusetts, who introduced the bill proposing
several changes desired by Boston mer
chants. has received a number of letters
from New York as well os Boston importers,
asking to be heard ou the subject. Mr. An
drews will probably appear himself before
the subcommittee and urge that the
changes recommended by the Secretary of
the Treasury be made, even if it is not
thought wise to make more radical changes.
MAKING UP WITH ITALY.
Diplomatic Relations to Be Resumed
Soon.
Washington, March 16.— 1 tis learned
to-day soml-officially that arrangements
have been made for tbe re-establisbment of
full diplomatic relations between tbe United
States and Italy on the same basis as ex
isted before the New Orleans incident.
Gen. Porter, the United States minis
ter to Italy, who has been in this country
for over tbree months, will, in all
probability, be soon ordered baok to his
post. Instructions to that effect have
actually been decided upon, and it is ex
pected that the appointment of an Italian
minister to be accredited to this country
will be announced in a short time.
FAVA APT TO BE THE MAN.
It is said to be not at all unlikely that
Baron Fava,theformerminister,who was re
called soon after the New Orleans affair,
will be restored to his former position. He
is known to be a warm friend of this coun
try. The American minister was recalled
from Rome solely because of the action of
the Italian government in recalling its min
ister at Washington, and tho fact that
he has been ordered back is taken as a sure
indication that this government has re
ceived an intimation at least that Italy de
sires to resume Its former friendly diplo
matic relations.
Senator Morrill No Better.
Washington, March 16w—It was stated
at Senator Morrill’s residence at 10 o’olock
this morning that there bad been no material
change in the senator’s condition since yes
terday. He is conscious at all times, aud
often asks questions of those about bim.
While his family audfriends have not given
up hope, yet all agree that he is in imminent
danger.
Of Senator Morrill’s condition not muoh
con be said that is encouraging.
Secretary Grant 111.
Washington, March 16.—Gen. Grant,
Assistant Hecrotary of War, is tbe latest
prominent addition to tho sick list. He is
seriously ill with a throat trouble arising
from taking oold.
Springer Improving.
Washington, March 16.— Mr. Springer
continues to improve but bis progress to
ward recovery is exceedingly e.ow aud te
dious. #
Blaine Butter.
Washington, March 16. -Secretary
Blaine's health oootlnues to mend. He is
able to be out of bed but not out of hie
room.
THIRD PARTY ACTIVITY.
OoL Peek Mey Run as Its Candidate
for Governor.
Atlanta, Ga., March 16.— The third
party workers are becoming more active
every day. It Is said on good authority
that the Alliance Farmer, the official
organ of the state alllar.oe. will shortly come
square out for the People’s party. Editor
Erwin is personally in favor of such a policy
and ts now in Washington, it is said, con
ferring with Representative Watson. There
are other evidences of activity among the
People’s party advoca'ee und bv April 1
something of a definite nature In the matter
of a campaign plan is likely to materialize.
Col. W. L. Peek, president of tbe allianoe
exchange is now almost an avowed candi
date on the People's party platform. Some
time ago he aunounoed himself squarely
in line with that movement. To-day he
emphasizes his approaching candidacy by
writing a letter to the editor of the Rock
dale Banner of Conyers requesting him to
advertise the fact in bis paper tl at he
would make a speech to tho people of Rock
dale county on tbe People's party next Sat
urday. This is Col. Peek’s maiden political
speech, and it is regarded as bis semi-official
entrance into tbe campaign as a People’s
party leader. He declines to talk on this
subject at preseut, aud just what ctfioe bo
contemplates seeking ia uncertaiu, but
it is believed that he has his
eye on either the governorship
or the office of secretary of
state. To-morrow Col. Peek and Col. Post
will preside at a People’s party rally at
Cornell, tbe Cornell alliance in this oounty
haviqg declared for the People’s party,
which is regarded as the first gun of the
People’s party campaign in Fulton oounty.
MILLS STILL SANGUINE.
Culberson’s Friends Hoping for tho
Withdrawal oi Chdton
New Orleans, La., March 16. Tho
Picayune's Austin special says: "There is
no change in the senatorial contest, but
there Is no telling what will turn up in the
next few days. Representative Mills’
friends are very sanguine, but strange to
say, are not more so than Representative
Culberson's, notwithstanding that a poll of
the two houses shows he is behind both of
his opponents. Senator Chilton’s friends
are hopeful, but It is being intimated in
some quarters this evening that there is a
possibility of his withdrawing. This may
account for the buoyanoy of Representative
Culberson’s followers.”
New York’s Congressional Districts.
Albany N.Y., March 16.—1n the Senate
Mr. Cantor bas introduced a congressional
re-apportionment bill founded on the
federal census, which he says gives seven
teen surely democratic districts and three
doubtful districts, the remaining fourteen
being almost surely republican.
Missouri’s New Apportionment.
Sr. Louis, Mo., March 16.—The Mis
souri Seriate this morning passed tbe re
districting hill as it came from the House
last Monday.
BERING SEA’S CLOSING.
President Harrison Calls on England
for an Answer.
Washington, March 16.— Acting Secre
tary Wharton was to-day instructed to
inform Sir Julian Pauuoefote, the British
minister, that the President desires to know
at as early a date as possible the intention
of the British govern meat with regard t >
the proposed renewal of the modus vivendi
of last year for the preservation of the seal
fisheries .pending a settlement by arbitration
of the question of the jurisdiotional
rights of the United States in Bering sea.
The British minister was requested to call
Lord Salisbury’s attention to Secretary
Wharton’s note of March B,insisting on the
necessity of a modus vivendi, with a sugges
tion that the President would like to have
a response as soon as possible, in order that
he might act in the matter.
THE PRESIDENT’S ATTITUDE.
The President’s desiro for speedy action
is said to be due to the fact that it is essen
tial that he should know promptly whether
Great Britain will co-operate in keeping
the sealers out of Bering sen, as other
wise execution that duty falliog sole
ly on the United States will necessitate
the making of arrangements that
oan scarcely be effective unless com
pleted at an early day. The character
of the instructions to our naval and revenue
vessels destined for duty in Bering coa this
season will depend almost altogether on the
attitude to be assumed by Great Britain,
and as these vessels will have to be in the
vicinity of the sea by May 1, it will be seen
that there is very little time to spare in
preparations.
INBURANOEI IN THE SOUTH.
The Southeastern Tariff Asssclatlon
In Session.
Washington, March 16.— The eleventh
annual meeting of the Southeastern Tariff
Association was called to order in the ban
quet ball of the Arlington hall to-day,
President Livingston Mims of Atlanta, Ga.,
presiding. The association comprises in
surance companies in the states of North
and South Carolina, Georgia, Alabama, Mis
sissippi and Florida. A proposition was
submitted to the association to include
Louisiana within its jurisdiction. The as
sociation listened to the address of President
Mims, who spoke with satisfaction of the
good work accomplished not only by tbe
association but to the uublio generally.
He called speceal attention to the objeots of
the association, which are to equalize
and make adequate rates of fire
insurance in the southeastern states
and to bring about and promote correct
practices or fire underwriting. It was
stated to newspaper men that there was no
business of great importance to oome before
the association this year. Tbe association
will probably remain in session until Fri
day.
Another Death From Typhus.
New York, March 16.—The twentieth
death from typhus fever sinoe the plague
hroke out occurred this morning on North
Brothers' island. The victim was August
Frornmee, 60 years old, an attendant at the
Riverside hospital, who contracted the dis
ease a couple of weeks ago while nursing ty
phus patients.
Fruit Damaged By Frost.
New Orleans, La.. March 16.—The
Times-Democrat's Dallas, (Tex.) special
says: "Fruit trees yesterday covered with
full blooms, to day are lu an arctic em
brace of ice. If the blizzard la followed by
rain tbe crop will not be damaged by frost,
but there is hardly a gleam of hope.
The Olympic Club Aceopta.
New Orleakk, March 16.—president
Noel of the Olympic Club writes that the
club will accept the offer for the Sulllvan-
Corbett light, tbe purse to he s2s,oqq. He
also wired J. M. Hall, offering $5,000 for a
match between him and 1 hoymskl, la take
place in May. No reply bas been received
from O’Urieu, the Englishman whom tbe
club raided, efferiug to match blur against
Lroggaln*.
A NEW SHIP LAUNCHED.
SHE IS THE FIRST LARGO ONE
BUILT IN THE SOUTH.
The Yard at Newport News the Scene
of the Launching—The Vessel Called
El Sud, and la of 4,500 Tona Burden.
A Distinguished Company at the
Ceremony.
Newport, Nkws.,VA..Maroh Id.—A arga
and very notable assemblage of congress
men and other prominent people from
Washington, New York and Virginia wit
nessed to-day tho launching of tbs 4,500 ton
stea nship El Sud (Tbe South) built by the
Newport News Ship-building and Dry Dock
Company at this plaoo for the South
ern Pacific Company’s line be
tween New York and Galveston, the first
large merchant steamship built south of tho
Potomac. The launoh was succewfullv ac
complished at 11 o’clock. After inspecting
the great dry dock (which is the largest in
America) and the immense shops of tho
oompany, fitted with machinery of the
latest pattern and capable of handling the
largest work known in the ship-building
business (the total plant having cost $4,000,-
000) the guests of tbe compauy were enter
tained at a sumptuous and admirably served
banquet.
C. P. HUNTINGTON’S SPEECH.
When speech-making was in order C. B.
Orcutt, president of the ship-building oom
pany, called upon C. P. Huntington at the
master spirit of the work, ana the latter de
livered a brief address, which was received
with enthusiastic applause. He said:
We have met to christen and launch the
steamship El Bucl. She is the first great ship, I
believe, that lias ever been built south of the
Potomac, and we have naiuea her “Tbe South."
May she be the first of a long list of shipu to be
built in this section of the country, where the
greatest amount of material for such work is
found, and may she he the pioneer of the great
commercial future for the south. 1 hope to seo
you all at the christening and launching of many
ships at this port of Newport News, as many
shall be built here.
THE GATEWAY OF THE SKA.
This should have been the great entrepot of
American commerce, as it is the very gateway
of the sea, with a wide and safe entrance and
commodious harbor; is neither hot in summer
nor oold In winter and is In the center of the At
lantic coast line or this great ropubllo. What Is
almost better than all. It Is In the
state of Virginia. I have for the old
state most affectionate regard, for
I have met within her borders only friends, and
I l>elleve that all who come within her domain
will he equally well cared for. May many come
to this favorite port, and that, too, from all the
trade centers of the world, and may the com
merce of this place go out even beyond the
points from which others come, for however
fast the missionary and the crusade may go,
commerce will always leave their uttermost
limits behind and carry civilization ami its
handmaid, religion, far beyond them, for com
merce is king.
THE TOASTS.
Toasts, regular aud Impromptu, were elo
quently responded to as follows:
"The Old Dominion,” by Vlrginius New
ton, In behalf of Gov. McKinney.
“To the flag of our country,” Congress
man Joseph H. Outhwaite of Ohio.
"The navy,’’ Commander Richard P.
Leary, U. S. N.
“The shipping industry," Senator Will
iam P. Frye of Maine.
"Collis P. Huntington, the man of no
tion," proposed by Senator Frye and re
sponded to by William B. Ivins of New
York.
"The new south,” responded to by Con
gressman H. A. Herbert of Alabama.
“The press,” Congressman Charles A.
Boutolle of Maine.
After tho banquet the guests repaired to
the ship yard and witnessed the laying of
the keel of another vessel, El Norte (The
North), which Is to be a sister ship of the one
launched to-day.
The Washington party then embarked on
the steamboat Norfolk, which brought them
here. Among those not above mentioned
were: Senators Dolph, Sawyer and Handers;
Representatives Dingley, Boutolle, Milli
ken, Cogswell, Weaver, Buchanan, Taylor ,
O’Neill, Breckinridge aud a number of
other congressmen.
AN ENGINE EXPLODES.
The Engineer and Fireman Killed.
Three Injured.
Shamokin, Pa., March 16.—The boiler of
engine No. 393 exploded on the Catawissa
branch of the Philadelphia and Reading
railroad at McAuley to-day, killing two men
and injuring three others.
The killed are: Engineer Charles Clarenoe
Campbell, married, and Fireman Frank
Bror.kie.
The injured are one brakeman and two
trackmen.
Thu cause of tho explosion it unknown,
but the farts will likely be brought out at
tbe coroner’s inquest, whiob will be held
to-morrow. This is the fifth engme that has
exploded on tbe Reading road, and it is
likely that there will be a complete investi
gation.
Fireman Broekie, who was killed, escaped
in the collision of two trains in a tunnel on
tbe Catawissa branch gome weeks ago.
Clements’ Nomination Confirmed.
Washington, Maroh 16.—The Senate to
day confirmed the nomination of Judson C.
Clemeuts of Georgia to be interstate com
merce commissioner, vice Commissioner
Bragg.
Mr. Clements having been confirmed to
day in a very complimentary way, beoauss
out of bis order as the nominations were
sent in, is expected to qualify at onoe. As
the commission is about to begin its south
ern tour, he may qualify in Atlanta. The
other members of the commission, which
now bas its full strength for the first time
in nearly two years, were delighted to learn
to-night that Mr. Clements bad been con
firmed.
Sickness In Congress.
Washington, March 16.— Between thirty
aud thirty-five msmbers of the House are
on tbe sick list, although none are seriously
ill. The roll call of the House to-day devel
oped the fact that over forty members are
“paired” absent from the House. This U
an unusual number.
White Capa Whip a Negro.
Jackson, Miss., Maroh 16.— Planters in
this vicinity are up in arms against a gang
of White Caps who, the other night, took a
negro from his bouse, tied him to a stump,
gave bim 300 lashes and ordered him to
leave town. Tbe planters fear tbe effeot on
the rest of the colored people.
Heavy Snow at Memphis.
Mkmi'HlH, Tens., Maroh 16. —Memphis
to-night Is battling with a norther, which
arrived about 2 o’clock this afternoon,
bringing with It a tremendous fall of snow.
Tbl is the heaviest fall of snow In this part
of the oountry for many years.
Killed by a crumb.
Acockta, Ga., March 16.— Walter, the
2-year old eon of Francis M. Allien, while
rating a |leoa of caka tills even mg, sucked a
crumb into his wind-pipe aad died in a few
minutes,
■ARRIVAL OF THE INDIANA.
Tha Flour-ladeu Vessel Batla Into
Llbau.
Libau, Russia, March 16.—A 1:35
o'clook this afternoon a at earner was sighted
off the port heading lu from the westward,
and almost immediately afterward the dag
of the United States of America could be
distinguished flying from the stern of the
vessel. It was known then for a certainty
that the approaching vessel was the Indiana,
under command of Capt. (-argent, which
sailed from Philadelphia for this port on
Feb. 32, with a cargo of flour and provisions
for the relief of the famine sufferers in
Russia.
WELCOMED BT A OIDUIR.
Soon after the news of the arrival of the
Indiana reached Llbau the Russian oruiser
Stratch, commanded by Capt. Davidnff,
having on board J. M. Crawford, the Amer
ican consul at St. Petersburg; Count Bot -
rins-ioff, ohiof of the famine relief com
mittee: Mr. Hornholdt, the American con
sul at Riga; the president of the St. Peters
burg bourse aud ather notable pe .sous, pro
ceeded out to welcome her. Flags were
flying on all thu vestals in the harbor
ami the wharves were crowded with en
thusiastic people. The warship was fol
lowed by the steamer Concordia, which
had on board the bourse committee and a
large number of gue<ts. As the vessels
neared the Indiana a military band played
The Star Spangled Banuer” and a salu e
was tired. The gentlemen from the Stretch
aud Concordia boarded the Indiana and
speoohes of weloomo were made. Thevei
sel will be unloaded at onoe,
RELIEF WORKS.
Warsaw, March 10.— Extensive works,
such as the construction of roads, railways
and fortifleations, have been commenced in
Russian, Poland. One hundred and fifty
thousand Poles are employed on these works,
which will be completed in two months.
Four hundred Jews aud 100 peasants
emigrated to Amenoa from Lithuania last
week.
The non-orthdoox ohurches are being
repidly closed.
AN AUSTRIAN HORROR.
A Man end His Wife Sentenced for
Murdering Servant Olrls.
Vienna, Mnroh 16.—The emperor has
confirmed the sentence of death passed upon
Fran* Schneider, whose crime of decoying
servant girls to bis home in the suburbs of
Vienna aud then, with the aid of his wife,
Roealie, outraged and murdered them,
causod such a sensation in this city re
cently . The trial of Schneider and his
wife, who was accused jointly with her
husband, began on Jan. 25 last and con
tinued five days. It resulted in the convic
tion of both of the accused, end both were
condemned to death. The emperor, who
has a strong dislike to oapital punishment,
a woman not having been executed ill the
empire since 1808, followed his usual out
tom in this case and commuted Mrs.
Schneider’s senteuce to penal servitude for
life. Schneider will be banged to-morrow,
ANARCHIST POWDER THIEVE?.
One of Them (liven Fifteen and Two
Twelve Years’ Imprisonment.
Liege, Belgium, March 18.—In the
criminal court here to-day three anarchists,
who were charged with breaking into a
powrler mill and eteellng .500 pounds of
dynamite and with afterward attempting
to blow up the magazine at the mill, were
found guilty. One of them was sentenced
to flfteon years and the other two each to
twelve years’ peual servitude.
ANARCHISTS OB’ PARIS.
Several of the More Violent Among
the Leaders Arrested.
Paris, March ItS. — Saveral of the more
prominent anarchist* who have attraoted
police attention by the violence of tbelr de
nunciatioui were arrested at their lodging*
to-day. The police have been engaged in
searching the house* of the suspect*, but no
dticoveries of consequence so far have been
made, although rumor has been very busy.
Mala Vita Members a Bad Lot.
Rome, March 16. —The arrests of mem
bers of the Mala Vita Bocloty at Tarento
have reached a total of 216. The leader 1* a
man of 60, who has served several terms in
the galleys. Most of the mem bars aro con*
victed criminals.
Lost With Ten Lives.
London, Maroh 18.—Tbe British brig
Oudrun of Fowey was wrecked on “the
shingles," off the Isle of Wight, and her en
tire crew of ten were drowned. Nothing
could be done to help them.
Klght Killed By An Avalanche.
Rome, March 16. —An avalanche oc
curred to-day at Belluno, fifty-one miles
north of Venice. Eight persons were killed
by the mass of snow, and considerable prop
erty was destroyed.
JUDGE WOODS' NOMINATION.
The Republican Senators Count on
Voting on it To-day.
Washington, Maroh 16 —The Senate
went into executive session at 1 o’clock this
afternoon for further consideration of
judicial nominations. The republican sena
tors siou became wearied by the prolix ut
terances of the opponents of Judge Woods’
nomination and left the Senate chamber on
their way to luncheon in suoh
numbers that the .Senate was soon
left with but half a dozen sena
tors in their seats. The debate bad not
progressed long after this before the few re
maining senators, resenting the exodus,
ordered a call of the Henato, and tho pages
were soon hurrying about tho restaurant
and committee rooms in soarch of the ab
sentees. A quorum was finally secured and
the debate was resumed. But little interest
was taken because it was understood that a
vote would not be taken to-day. The
speeobos were nearly all delivered by the
same democratic senator* who spoke yes
terday in opposition to the nomination of
Judge Wood* and by Honator H ar. At 4
o’clock the (Senate adjourned, leaving the
subject for determination at the next ses
sion, according to the programme of the re
publican senators. The democratic sena
tors, however, believe that a vote is two or
more days distant.
Field Ordered to an Aeylutn.
New York. March 10.— Judge Van
Bruut to-day handed down his decision In
the cue of Financier Edward M. Field,
lie says be Is not fully satisfied a* to the
sanity or otherwise of Mr. Field. He thinks
however, that Field Is not in a oonditiun,
mentally speaking, to plead in any case
and that he should be confined in the stute
asylum. Tbi* was ordered with an in
juiu-uon that Field be kept in eucb place
until The question of hi* sanity or insanity
i* fully determined.
Purobasea of Silver.
WamminoTON, March 16.— The offer* of
silver to the treasury department to-dav
aggregated 47k,000 ounce*. Tbe amount
purchased wwkbo,(Mlouu9*at IMIWtg.M K/i
( DAILY. $lO A YEAR.
-( 5 CENTS A COPY. V
( WEEKLY,SL* A YEAR. 1
HILL ON HIS WAY HERE.
HE DELIVERS A LONG BPESO3
AT BIRMINGHAM.
A Big Crowd at tbs Depot to Wei.
come Him on His Arrival—His Speech
the Bast He Has Yet Delivered—;ta
Strong Points Warmly Applauded.
Birmingham, Ala., March 16. The
democrats of Birmingham were astir at an
early hour this morning. The approaching
vl-it of Senator Hill to the ohief manufact
uring city of the south hail been heralded to
all the people of Alabama and innomlof)
trains from early night until morning
brought to Birmingham enthusiastic demo
crats and 1111 l oluba from the smaller towns
throughout the state. An escort c insisting
of Frank O’Brien, proprietor of the Bir
mingham Aye Herald, aud several other
prominent democrats had met Benator
Hill at Jaokton last evening and accom
panied him over the state line to Birming
ham. It was 3:40 o’clock this morning when
the train hearing Senator Hill and party
rolled luto the Birmingham station, but a
crowd had already assembled and the sena
tor was loudly cheered as his party passed
to the carriages which conveyed the visitor*
to the hotel. Here the visiting party be
came the guests of the Hill Club of Birming
ham and were the objeots of true sout< era
hospitality. Sonator Hill was assigned by
the management of the hotel to the bridal
ohainber.
OPENING OF THE DAY’S PROGRAMME.
A few hours of rest refreshed the party
and at 9 o’elook this morning a committed
consisting of Col. Hewitt, prosldeut of the
Hill Club; Col. Taliaferro and Editor*
O’Brien, called at the hotel and at’ended the
party to breakfast. The streets of Bir
mingham were crowded when at 11:8fl|
o’clock this forenoon a committee of nln*
leading oitlseus, headed by Col. HowitV
aud a delegation of the Irish club by
W, P. Gorman, escorted Senator
1111 l and his pa' tv to the opera house, where
the meeting of the day was to be held. The
opera house wasjlavlshly decorated for tl.
occasion, the most conspicuous emblem*
helug national colors and the grien ting ami
golden harp of the Emerald Isle. Pro
longed cheers from the multitude gree v|
the appearance of Senator Hill aud his
party. At a signal from the manager tba
band played an air of welcome.
THE (SPEECH OF INTRODUCTION.
To Col. Hewitt, president of the Hill
Club of Birmingham, was assigned tie
honor of introducing Senator Hill. Col,
Hewitt said;
Fellow Citizens or Alabama—We have with
us to day a distinguished citizen anil true demo
crat from the state of New York. [Applaus- J
He com manned the liattle of Itfe at the loweso
round of the ladder, and has by untiring In
tegrity aud undauntalile courage reached tha
topmost round. Entering a lawyer's office wueis
IS years of age at a salary of 8100 a year ha
lived within his Income, and wnen he retched
manhood he soon stood at the bead of the bar
of New York, and was twice elected president
of the bar association of that state. [A|>-
flause. J He was elected by the people to the office
of alderman and mayor of theoityof Elmira,
lieutenant governor and twice governor of th
state of New York aud senator of the United
States. IKenewd applause.) When elected
governor of the state of New York be found the
legislative department of the state lu control oC
the Republican party. Whun be retired from
that office a few mouths ago he left the stute ii*
all its departments In the control of the Demo
cratic party. (Cheers. |
Fleeted to the high and responsible office of
United States senator while governor, be re
fused to resign his office as governor that ha
might see the legislative department in posses
sion of the Democratic rap-ty, and he served ontt
the full term of his office that a traitor to Ins
party might not have the honor for one mo
ment. (Applause.)
A BELIEVER IN MACHINE POLITICS.
This distinguished man w<th us to-day Is a
partisan democrat, who believes in what the
mugwumps an 1 Independent* term "rnachiue
politics," but which means that he believes in
an organized demooraov in the unqualified mil
unwavering support of the nominees of tun
party. [Great applause.] This distinguished
democrat believes that a democratic adminis
tration can accompllah more good with none hug
ita frland* In place* of honor and trust. [Re
newed applause ] He bclisve* a democrat de
serves more consideration from a democratic*
administration than republicans and independ
ents. [Applause.l 1* It any wonder that mug.
wumpsand Independents should be opposed Ur
him? [Laughter |
This distlnruished democrat has fought man*
a battle for democracy and has never knowit
defeat. He does not, like the Pharisee, stan l
up In public places and thank God tbaL hole
better tnan true and faithful democrats, hire
like the poor publican he smites his breast an t
confesses he Is a poor sinner, asking
the help of the grace of God ti
sustain him in his warfare against thal
devil and the Republioau party. [Prolong!**
cheers, applause.] I have the honor of Intro
ducing, 1 will not say the next President of thw
United Stales, but 1 will nay a man worthy of
the high office, and who, if nominated by tins
democratic national convention at Chicago,
will bear the standard of the grand old party tis
a glorious victory that will rejoice and cheer the
hearts of more than 6,000,0(10 of patriotic demo
crats in this beloved country of ours, the Hou-
L>. B. Hill. [Cbeerg.J
HILL’S RESPONSE.
After the applause which had greeted hi*,
appearance hud subsided Senator Hill spoka
as follows.
Mr. Chairman and Fellow Democrats oh
Birminuham— l do not disguise the pleasured
which I foil in being offered the opportunity oq
visiting this l>eautifi:l city. If there is anv spot*
in the southern states - bleh can prooerly bet
termed the new south, it is this city of
Birmingham j Applause.] I have heard of the
wonderful industries of your locality and your
increasing population and wealth and resource*
of every kind, but have not realized them so
fully until my visit at this time [Applause ]
When I was invited by the legislature of lha
state of Mississippi to address that body upon
the political issues of the hour, I accepted the
invitation with the intention of stopping otf
here a few moments if offered opportunity,
that l might see for myself what the patrloiio.
energetic and enterprising citizens of the city
had occomplisbe i. Your triumphs here in
every department are the wonder of the world.
There is no example of it offered in history.
[Applause.] Tbe place where this city stand*
only ten years ago was an open plaiu, and nnw
we find one of the most thriving cities of tha
whole south. [Applause J I am here to
speak a word, not for any individual
or Individuals, but to speak in behalf of tho
principles of the great party to which I am
proud to belong. [.Applause.] If there is auy
wrong in this then I am guilty of that offens-x
[Applause.] The chairman who introduced ms
has stated something of ray early history. H*
staled how I started off in life, not exactly like
this but something like it: I
started off without anything in this world,
and I am here to inform you that I have
held my own ever since. [Laughter and ap
plause] My sympathies are with the people
who have grown up from poverty and who now
have large influence in the control of public af
fairs of the country. I am rejoiced to know
that there are no classes in this great land of
ours. I am rsjoloed to know that it is a country
where the people rule and where every citizen,
no matter now bumble or uncultured he may
be, has the tarns ridit as the wealthiest citizen
In tbe land. ] Applause ] That is tbe democracy
of which I propose to apeak upon this occasion.
URMOCaACV's POSITION.
it has baen wtli said by another: "Demon
racy Is a sentiment not tope appalled or oom
promised." It knows no baseness; it cower* to
no danger, it is drslrootibi* of despotism. It
is the sole conservator of liberty, laour and
prosperity. It is tbe sentiment or equal right*,
of equat obligations the very law of uituni
itself pei fading tbe land [Applause i in a
word, tbi* i* the seuUuMHit that actuates the
