The Macon telegraph. (Macon, Ga.) 188?-1905, December 31, 1896, Image 1

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? THE MACON TELEGRAPH. ESTABLISHED Ifi 1826. MACON, GA., THURSDAY MORNING, DECEMBER 31, 1396. DAILY, $7.00 I YEAR. Importers Before the Tariff Committee. } HEY HAD A LONG TALK ND SET FORTH PLANS TO RAISE MORE REVENUE. Ifow York In^portert» Asked Thai the* New Tariff Measure Shall Fix Spe- cificDuticM on Sugar Instead of Ad Valorem. the 3iijwr growing interest in tlws coun try as -would supply all its consumption. He a«ked flret. that specific duties, de pendent upon both polari^cople and color standard, should he imposed In lion off ad valorem. Second, that commencing with 1.40 for sugar testing 75 and under 16 Dutch standard, and proceeding by .04 for each degree above 75, the dirties on sugars above 16 Dutch standard it>e proportion ately increased. Third, that counter* ailing duties' off setting export bouutio** be imposed. Fourth, a proportionate duty be im posed on Jnolasscs. Fifth, tliat the nfetv -low should have force from tihe passage of <the act; and. Sixth; that In the event of the adop tion of reciprocity (treaties and conven tions, it shall 'be without injury to the domestic sugar industry, and on lines which fully recognize the overshadowing Importance of developing sugar produc tion in the United States, and by such methods as insure a protection equiva lent to what we have herein before sug gested. Mr. J. Hale Sypher, formerly of Lou isiana, presented some additional facts In regard -to the cane sucur industry of Louisiana, and gave it as the result of his experience and inquiries that tin cost ‘to the sugar trust of refining eager did not exceed one-quarter of a cent a pound, while in Louisiana the coot war about 3-8c. This, he added, did not in- Mr. Scion Humphreys of Now York made some n&liHonal remarks and was inquired af ns t<> the cost of rWning sugar. He’ dlocauaned any personal ac quaintance with that matter, but esti mate'! that, with a high grade of raw sugar, the cost would not Ik* far from that stated by. Mr. Sypher, %e a pound; but with a low grade of raw rtugar the cost would probably be %c fv pound, or as the refiners asserted, %c a pound." Mr. McMilMa Inquired as to whether sugar refining in this courotry wus not i:i tlit - ; ’lsir.Js of th*-* sugar trust. •Mr. Humplirej’s showed a manifest CAM ARMS TO CUBA. The Tug Dauntless Has Clear ance Papers, ISSUED IN BEGULAR FORM, ALLOWING HER TO CONVEY WAR MATERIAL TO CUBA. The Dauntless Is to Land atNouvitas, a l’ort Which Is Nov# in Possession of Spanish Troops —Other Vessels to Follow. t Washington. Dec. 30.—The session of the .ccciKnMJLee on ways and means to day was given to the question of sugar duties. The opening was given *to the sugar import era. whose vle.ws were voiced l)jr <Mr. John Farl* of New York, who es.kt that at a recent meeting of (the sugar Importers of that city It was •uiWLulimaus'lv decided that an ad valo rem rate of duitv was unfair, unreliable and exceedingly difficult in practice; that 1 cent a pound should be Imposed on all aujgar below 75 degrees poln scope, and that additional discriminat ing dutieo should be levied on all gars earning from bounty paying coup- .* tries. The beo't sugar interest was rep* oresanted -by Mr. Henry T. Oxnard, of Grand Island. Nob., M<r. Herbert My- r!*ek of Chicago.' editor of the Ameri- Agriculturist, and Mr. R. M. Allen of Aimes. Nete., president of tine beet sugar j dlslivcl 1 imtfonTo go Into the matter. say- assoeiatioji. | fog that -members of the committee knew ane cuigar inrtsrast of Louisiana ! as mucli about it as he did. Practically, , •»». represent to -Mr. 3. D. Httl ot taw, fi. ««M. <lio eusar trust was •>«* No MmwMtAfivA ot the a combination of all the refineries which Orleans. No reprerentatlVv of the lnJ os j sted at <tho time,of -Its organiza- gar refining industry toaft applied for , t j 01h a hearing, and there was a eosApfctt- ; "But,'* lie added, "since then three or oua absence o-f the members of the su- Four nr flvo outside refineries have grown* gar' trust. . up; find, df you lot the matter alone. I In the course of his statement, Mr. j bellevo that within the next two or three nrr gave the following figures a3 be- ] ye.im, (there will be a half dozen more s Uhe nearest (to an ad vaCortun basis, | established.” » V find as ropro.^iattog foiily all interests: F. 75. Thurber of New York. president ‘On all sugars testing .by the polari- j of the American Grocer Publishing scope, 'when iltoderi, 75 degrees or un- Company, spoke in behalf of the con dor. 1 cont oer pound; on net landed sinners, distributors nna refiners of su- welghlt, adding .03 oents for each de- gar of the United States. He said'that CTree up to 103 d.-agrees, fraction of a do-, there was no just reason why American give To be aStoCKsnl in proper.ton. sirv.r Inten-.:**, whether engaged in pro- An additional duty ton sugars above duct’on, refining or distribution, should No. 16 Dutoh standard in color, topre- not be entitled to the same degree of vent the foreign refiners from entering protection. ns other countries. No other their sstt refined au&ars here at the product roaches the consumer in t this same rate of duty as raw sugars of the country with the same small margin of tome teat." profit to manufacturer and distributor. I-t was also roeociumsnded *that an ad- As n distributor of sugar for many yearn dltiona.1 diisarlmlivatinig duty on all su- lie had worked at less than the cost of gars coming from bounty paying coun- • the services rendered. When the organi- trios, with authority to the executive gallon .of the Industry aimed to give dis- to reduce or Increase this additional trihutors a commission equivalent to the duty in such proportion as ‘the bounty cost, of the service rendered, a cry of (paying countries may- from Urns to combination and monopoly was set up time to raise or lower their bounties. 1 which v.\xn rTriphlaied to coerce'loglala- It was estimated that -the avemfre tors and courts ento favoring chaos ln- poiarisatiOP of raw sugars -imported stead of justice. At no time lios there Ante Uiis country Is about 92 degrees, been a monopoly, and today there are (Such) sugars would pay 1.51 -cents per four Wonlpdling refining orgtuilzation* pound duty, which would produce an with a fifth threatened. Today the con- annual revenue on this article of about sinners of France and Germany, the *^u 003 000 <mlocating on hifocrcart-tons of largest producers'of sugar In the world, abotv!;'1 500.000 ‘tons of dutiable sugars, pay about fifty per cent, more than those nvhtoh has been the, Average f-or the of the United States, but (those countries oaSt few yeara. . protect, their sugar producers with a Th** ntext speaker was’Mr. S. Hum- {foonnffy, which enables them to dump irthrevn of Nctw York/wlio ruld*Uiat he, t>leir cunplns on foreign markets lhad -wn appointed dlvalrman of a com-1 at abnormally low prices, which have tmittee of ithe sugar.trade of New York , broken down the refill 1 nig Industry in (to come before tba Ways and nuina , England and but for our barrier of\pro- icomimbtee and tell • them something, teetive duties they would do the same Ghoul the difficulties of the existing: for both our producing and refining m- tarlff an ad vaJorecn rate, as applied ' dusfrieo. The American sugar refining Tlie Commercial Has Closed Its Doors. NEW YORK BANKS CAUGHT FOR MORE THAN FOUR IIUNDRED THOUSAND DOLLARS. The Largo Indebtedneaa Caused the De positors to Make a Run. Which C^uld Only Be Stopped by a Voluntary Assignment. REVOLT AGAINST SIIKKIIAN. to gar: s^rne- of the reasons why a specific duty on «ugnr should be subsWtuted for an ad vaSomn system. The ad valo rem system, he <sald. was unfair to the merdbaryt. because he never know what duties he had to pay -until the cargo whs liquidated; unfair -to the goyarn- lf*ni as a revenue measure, and en- > 1.^1 y unreliable. The revenue from i/eugar two years ago had been about SU?000.000. and he doubted whether this year it wouhl reach $21,000,000. This decrease of revenue was due no*t to any falling off in tmipor.ta.tlon, but In (the reduction of the invoice prices. ^.He es- *4mated, however, that under the spe cific rates, as advocated by the sugar trade of Now York, the revenue from f enngar would he from $49,000,000 «to $50,- 000.000. t ‘‘Would not .the coat of 3Ugar," Mr. Evans of Ko*. \y asked, "be advanc ed to/the consumer?’’ "Y**." Mr. Hmuphreys replied, ‘ but th rt additional cost would he so lnex- siresiniily small that It would cut no figuire in the expenses of a family." l\Ir Evans inquired aa to the 'total ~ Importation of suzenv from the Haw aiian islands, and 1n -reply, Mr. Hum- iphivys estimated the importation of Uhls year’s -c.rf»p at 150,000 tons. -Ten pot cent of -the whole sugar im- .portation of the Cduntoy,” Mr. Evans suggetttvd. Wa^hlnffton, De*c. 30.—’Whether or not the tug Dauntless shall clear from Jacksonville, Fla., for Ncuvltas, Cuba, with -a cargo of munitions of waj* is a questioh that the owners of ‘the cargo and the master of (the vessel will have to answer, keeping In mind -the lanv on the subject. A telegram was received at hhe ‘treasury department yesterday from Mr. Hartrldge, ottomey tor the owners <>f th-o oarge, asking that the col I oc tor of the i».»r»t of Jacksonville be instructed -to tissue clearance, papers to tihe v’casel for the port of NeuvRas arith cargo of wav material, which was on board and ready to he transported, the C ’ 'gram stating a'a-at they would not make any affidavits In the matter. Li ter in the dav a telegram came from •the collector, setting forth the same fn-.’ts :ir*.d asking for Instructions. This nuomthwf Secretary Carlisle tele- graiphed the collector thabdf the vessel ■tvas entitled <to clearance papers and th - olYic *rs ami oiwnt-rs made oaths re quired hy sections 4197, 4198 and 4200, revised statutes of /United States, he should issue them' upon tthe proper ap- (pUoatilon.* Ssotkn 4197 provides that a master or T> iv :i having charge of a ve.-Gs-l bound 4o a foreign port shall deliver to a col lector the manifest of he«r cargo and the value thereof.' and shall swear to' the truth ‘thereof, whereupon the collector shall grant clearance for said vessel and cargo. Section 4198 provides tlhe form of oath to *be taken by the master that the manifest is true; thfcjt duties on foreign •merchandise have ‘been paid, and If It fcooomca necessary »to reland -the cargo •In the United S*tatos -he will make Just ar.H true report to ‘the collector of the cause of disosber or aoaident. Section 4200 .provides, before clearance be granted owners, shippers, or con- s’gnons of a canoro shall deliver to the collector a marXeGt of the cargo and shall verify, the same by oath. And ■before lOlparance Is -gM-ntcd the master, owners, shippers lin’d consigners of cargo shall state upon oath to the col lector to what foreign port or country ip wbldh the can go is truly to leaded to be landed. 1 * Montgomery, Ala., Dec. 30.—The Commercial bank at Selma failed to open its doors for business today. In- .stead, a notice was posted stating that the board of. directors had decided to make an assignment. The cause of this action was the heavy run made on the bank in the last few days, The bank -was a heavy debtor to New York banks, among them the Chemical, American Exchange, National City, Third Nn/tioiral of Montreal and Na tional Dank of the Republic, and they sent an attorney pome days ago to Investigate its condition. The knowl edge of the attorney’s presence had a great deal to do with the run. The board of directors arrived at the conclusion to assign after a long and continued session lasting until after mldp-ight feat night. The officers of the bank are R. M. Nelson, president; Geo. A. Wilkins, vice-president; A. E. Baker, cashier. The patrons of the bank have confi dence that It will eoon resume buipipcss and are tlgniug an agreement to with draw their deposits, one-third In three months, one-third in six months and one-third in nine months. There is no public statement as yet of assets and liabilities. The business men feel hopeful that the failure wail not be detrimental to their Interests. The Commercial was established 4n 1890 and has a mid up capital of $300,- 000, and undivided profits of $50,000. Purroy Lends tboFnctiounl Fight to Oust Him. New York, Dec. 30.—The open revolt against John C. Sheehan, which was started last night by H. D.- Purroy after the meeting of the Tntmniany committee on organization, promises to be a very serious thing both for Shee han and for Tammany. Purroy has not a great* following In the organi zation but he will be backed openly or secretly by a very largo element that has fretted under Sheehan’s rule ever since he took the leadership. These men aro known to bo ready to do al most anything to overthrow Sheehan «nid the Purroy revolt gives them the opportunity .they have long been wott ing for. This element la made up. first of Hugh Grant and the West Sldd dis trict leaders whom the controls; second ly of the friends of ox-Mnyor Gilroy, and finally of the numerous Influential Tammany men, whom Sheehan de nounced ns traitor® during the presi dential campaign. All those opponents of Sheehan may not nt once throw themselves inio the Purroy movement, but it lfl not doubted that, they will as sist in everyway passible In tho ef* fort to ouet Sheehan. Purroy will begin tho warfare ngadnst Sheehan with c^t least five dis trict leaders on his side openly. Whom ever Tammany men discussed the sit uation ihis mottling, one suggestion wae« heard, namely, that Richard Cro- kor alone can restore harmony In the organization. Some of tho leaders as sorted that a purpose of the rebellion was to foTOo Crokor to resumo ■the Leadership. They said that when Cro ker raw Tammany split up nl a time when it should be preparing for the great municipal contest of next yeni he will come forward as its lender. ' Croker is not on A ho ground, how ever, and nobody knows what he will do. lie went to Aiken, S. C., >‘ester- dny and will not return for two weeks. Ho knew what wan going »to happen last night, yet he seems to have made no effort to prevent the rebellion. His apparent neutrality and his departure from th.* city at this time, may be part of t'ho plan to bring about his re sumption of tho .leadership, but hia closest friends say that ho will start for England before tho end of January. ACEO REVIVED AGAIN The Cubans Believe He Is Still Alive. HE FELL FROM HIS HORSE, SEVEHEI.Y THOUGH NOT FATALLY ■WOUNDED BY SPANIARDS. phreya. and to ask ‘that, in making j company or the so-called sugar trust was tariff measure. It should -be i organized In 1887. Before the consollda- ithe line of specific duties on tlon, many refineries were driven into Humphreys enumerated 1 bankruptcy or out of business, but since ~ ~ that time, owing to the organization of the indnetry, consumers, distributors and refiners have ‘been 'benefited. Repretuvi- tntivos of special interests are now seek ing to change the basis of duty and min imize the principle of protection, but di vested of all illusions, tho question pre sented Is whether the work of refining should he done abroad or in the United States. Specific duties in many {inert have an honest basis for preference, but in snch commodities ns sugar, in which pound values may vary as mudi ns 10Q per cent., the principle 4s manifestly Incongruous and impractical. Raw sugar worth 2 cents a pound should not pay ns much per pound as refined sugar worth 4 cents a pound, and while a schedule based on graduated aacehirlms strength, as defined by the polarlscope, might ap proximate justice, It would not do so to on extent which would justify the dis turbance of Tho present basis, to which trade had already adjusted Itself. One feature, he said, should not be lost sight of, namely, that any differential imposed upon the product of any country grant ing n bounty should only apply to the refined product, and not to the raw ma terial required by our refineries. By Mr. MoMillin—What are the meth ods of distribution of sugar by tho Amer ican Refining Company? Mr. Tliurher—The distribution of su gar by wholesale is now practically on the commission basie. The sugars are eo’ril with the understanding that a.cer tain commission, (about 3-16) w paid to the wholesaler as Ills profit; and while the American iRefinlng Company will sell sugar to any ope at its Hat price, lie cannot get the benefit of that 3-10 com mission unless he Is boned by that agreement. . Mr. MvM ill in—Does the Sugar Refining Company require (that the sugar shall not be sold below a certain figure? Mr. Thurber—Yes; that it shall not be sold at less than the manufacturers’ list price. Mr. 1 MoMlIUn—Is payment of this eorn- mi.'sion made In the form of a rc-lxito when the «a!e 1s made, and do those who deal in thoot goods have to make o statement before they can get this rdbnte, that they have not violated their undertaking not to sell below the list sir. 10 per cent," (Btfft Mr. Hucn- want,” he continued, "nil the raw sugar that can be UBOd in Uhls country, and we recognize that, unless a difference is made on sugar above number 16 iu color, the Importation of refined eugar from abroad wivl go on increas ing very largely, to the detriment of the kfitigur trade of the United States. We al- «<. recommend an additional discriminat ing dirty on all sugars coming from boun ty paying countries. It te manifestly un just to all mig-ar producing Jrvtertsts in* the world for any one country t<> al low an export bounty on sugar. Such ex port bounty is a disorganizing factor In the sugar -trade all over -the world. "We are. therefore, of the uuanimourt opin ion that one-teniih of a cent a pound now imposed on sugar from bounty pay- iug countries is not sufficient, us with in the last few year® Germany has in creased the bounty to about onVfourth of a cent a pound. We hope, therefore, that instead of one-tenth cent a pound on such sugar, the additional discriminat ing duty shall be tfiade at least equal to the uctual bounty." . p. J. 8mltl» of New Yorlc wished to ImprcMS upon the committee the diffi culty of an ml valorem duty under which ho said it was luspossBble to -tell what the rate would be until the sugar woMand- ed. Ke cited one ca«e where the differ ence on dt>ty °n n cargo amounted to $20,000. the rise taking place wiirle the birr.ir wa* being shtyiped. It was Im- r«visible to land this cargo, and it had {.) be pent to Liverpool. In this way many dale# wore lost. Mr. J^mes D. Hill of Now Otj«*arrs nttia !c an argument on Indialf of a com- n* ;tee <* the American Cane GrrAving A^'-ijclation. He asked that the rate of du’y ou sugar under the act of 1883 die reimposed. NotMng less than that, he su'd would be satisfactory. - v [y. payne inquired a^ to what the rev enue would be if the duty of 1883 was re- Bfc.rcd. 9 Mr. HiJl cslculated that the revenue weuld be from seventy 1o eighty million dollars. He addrtl <<hat he had presented th"* *5Lse on the port erf tho home p du era of sugar whose hope it wus that. un «i«*r the tarifT which th*»y rei<eiinu-nd- •d then* would be snch a development of pru Mr. Thurber—Yes, they have so to certify. Mr. McMIllIn—And without that they do not get paid for handling the goods. Mr. Thurber—*No, sir. Mr. McMIUin—Suppose that one who handles these goods proposes to sell to another party, Is that other party required to carry out the undertaking? Mr. Thurlx-r—No, sir. Mr. McMiUln—If a wholesale dealer sells to a retail dealer the retail deal er can do as he plea«c*s? Mr. Thurber—Yes. Mr. McMIUto—Do refiners who buy raw sugar coming from bounty paying countries get the benefit of the bounty paid on that raw sugar? Mr. Thurl*or~So I understand. W. J. McCahan. president of the Mc- Cnhan Sugar Refining Company, of Philadelphia, thought that the differ ential duty on sugars from bounty paying countries should t»e half a cent He favored ail valorem duties. Mr. My rick, of New York, addressed the committee In th<* beet sugar inter est. What stands in the way of the American beet sugar industry, he said. In European comi>etiUon Thomas R. Cutler, of Utah, spoke of the detrimental effects of the Hawaiin treaty, rest-King, h* said, in this country paying r*-bates to the contract labor of that country. . Clearance l'nicr* Granted, • Jacksonville. Flu., Dec. 30.—In an swer to c. dispatch from Jo»hn E. Har> itrKRgc, attorn ay of W. A. Bisibce, owner 1 o! the tug Dauntless, to -Secretary Car lisle, tho following tattructkms, to sub stance. were received »by the collector of the port today: ) "To grant papers t<* -the Dauntless with a cargo of munitions of war for Nuevikais. Culba. and -require tlic mas ter. own*eTS. and consignors to imako oath requirwl to sections 4197, 4198 and 4200, revised statutes.. Tila oath is tti-s same required cif masters of all vesMh Wtlth a general cargo bound to foreign ports. The collector was ln- o'.iructed 'to n-otifv the captain of the Bout well so that he would n'o-t interfere wtM'h the VC«S.-;1 after than to see that an arm^cl expedition was not canted. In consequence of this authority, tho owners of berth -the Dauntless and Com- nr*jdore are [preparin'# *to send heavy cargoes of amis and munitions of war to Cuba. Two oar lends of these war like supplies arrived to this city this morning. Or/nor Bisbeo declares tJhat 4f the Dauntless Is molested on this voyage he .will apply to tho secretary of itihe -treasury for an armed escort of United States cruisers to protect *the vessel on future trlP-s. The clearance cf the Dauntless was authorized in* tho following communication from the col- lc'e-tor of Pont to Owner- B-'.-sibee: *\SIr: Responding to your application made yesterday of clearance for tlho steamer .Dauntlws. 1 have to inform: you that I am authorized by the hon- ora'ble secretary of 'tha treasury to clear the steamer Dauntless in a strict ly regular way for the port of Nue* vitas. , Tho steamer left Jacksonville Tues day on a wrecking trip and has not yet been heard from, but her owner expects the vMsel In port tomorrow morning. The Commodore has i»oen on tho ways for soma tfme. but is now ready for s>a. All indications point to tho load ing and departure of those two vessels within the next forty-eight hours. Reg ular clearance papers will be secured ■far them, under -the secretary’s ruling, from the custom hex.so tomorrow, r.M:rU*l»-Tnn roc Mnwlur*. Springfield, 'III., Dec. 30.—Governor- elect John R. Tanner was married to Miss Com Edilh En?'i*h, daughter of Mr. and Mra. Turney Kugllsli of Spring- field. Tin* ceremoby performed at noon at St. Paul's Episcopal cathedral hv tho Venerable Archdeacon Taylor. Right Rev. George E. .Seymour, bishop of the dlocerfe frf Springfield, prononncetl the (benoclictlon. » Bank J.ootcd by Robbers. St. Louis, Dec. 30^-A special from Des Moines, In., says that the state bank at Sully, a small town near New ton, la., was looted by robbers last night. They blow open* the safe with dynamite and carried away an un known amount of cash, estimated va riously at from $5,000 to $15,000. On account of lack of telegraph connec tions, particulars are hard to obtain. Mo j Columbus r i Columbus, Ga., Doe. 30.—-W. C. Brad ley. Mrs. S. H. Bradley, A. S. Dozier and James M. Moore* tonight applied for a charter incorporating a company to operate a gene cal mercantile business, manufacture fertilizers, wagons, bug gies, farm implements, operate cotton compress anil export cotton. Tho eaah capital Is $100,000, all paid in. Delegates to Tobacco Congress. Albany, New York, Dec. 30.—Gover nor Morion ha* appointed Frederick S*’chroed<*r, of Brooklyn, George Sterns. Abraham Cohn and Carl Vogt, of New York City, <o* additional delegates to repseaent this state at the Florida To bacco Growers’ congress*. CHICAGO BANK TROUBLES, There Is Still Mucli Uneasiness in Busi ness Circles*. Chicago, Dec. 30.—W. A. Paulsen, who was the .prlnciipal owner of tho failed Central Trust and Saving# bank, filed a bill In the dre-u't court today re- stiulntog tlhe Atlas National bank <from dtopo»:«mg of a note for $30,000 rrtado -by .h!/m to ithe 3>aailr. and to res>train pros- td'ept Granniis and Charles B. Farwell, a -director and cx-Umltcd St-attis senator, from disporting of .thelr own property -that 'Fantlsr-n cannot collect any of the (Sumaorets he may be awarded at the trial off h!s suit for $250,000 again*t the bank. Groinnls and FarWell in connec- tian with nlhe $30,000. In his bill Paul sen sets no the llqnlda'tion of the At las -bank now 1n progress and states late -belief that, notnvi that an ding aill the depo3jt-o.rs are being paid 1n full, it is hopolesslv inaolvent «nd will not pay Its dqposltore from ffta own funds. lie also alleges thiat t ho (Atlas bank still holds him ns en- dicrtuer on the $30,000 note, al though -the courts have held it to be fp: uilul rut. and nHo unlawfully (With holds $40,000 of collateral bqpds belong ing to him. George Maxwell, vUce-preBlddnt of the Northern Trust company, made appli cation this morning for a nv-'vivvr for the company. A. R. McGill, ex-gover nor of Minnesota, da president of -the organization. The following statement was Issued by the company; "This company ha® for some time -been seeking to realize upon lr.s loans and «eourItte3. and has until now been able to maintain itself without diffi culty, (but the present depressed condi tion of finances is ouch -that Jt has been unable to renllzo -as it (had hoped, and tr.*> p’.npcn-.d-m within two or three days of some of the biinks of tho city, in which was donosltcd some of Ita avTailahle fun'J®. has somewhat embar- rassod it to tho transaction of its busi- iiors. Indep^ndtnt of Its nssets, the company has a list of re#pon#lblo stock holders. who are abundantly able to (make good anv deficiency that may result from depreciation -in value of it* assets, so rtimt *Bhc- creditors of the com pany need have no apprehension as to the ultimate results; their claims will all be paid in full, even If the company Is nnt permitted to Immediately resume <bU3lncs3. as la now tioped."' The 'ItaibllMiecs of the company are about $500,000. Judge Jamison Uwuvd a «®tmatofinjf order returumble at to o’clock tomorrow morning. Judge Bol den eOpTied an order tibia morning ap pointing Judge Uekmd rocclver of the W'-rft'.flSton hanlc. under a bond of $200,000. The petition recKes that .the, •bank -has $27,774 more liabilities tluio asset*. Deputy Comptroller ColTJn is wiilljn cl TO of the Columbus National bank, awaitlug tho arrival of Bank Exam iner Cooke. Ti: • Farnwirs' and Mtv-hanlcs’ hank Issued a notice rtih-is morning reqttlsnig :iri «] ,, s!tors'to give-sixty days' notice before being permitted to draw depers- iUs. The .bank tsnued n abatement w.ty- ln»g It $Kud $800,000 in its vaults. The clearing (house ansoolation held a merit, ing and resolved to stand by ail of .tije 'ten banks whtch are members of the organization. There was a heavy run on the St. Anthony Falls bank of this city this forenoon. All demands were paid and thel excitement quitted down. Minncnpolf* Bank Cloned. Minneapolis. Dqc. 30.—-The Bankers* Exchange bank wc-nt into the hands of Bank Examiner Kenyon this morning. Depocdtors have drawn out about $35,- 000 the past few days, and Pnvddent FleW ooniciuded to close, though he had In the vaults nearly CO jx-r c**nt of nil the money on deposit. The bank 1m less than a year old. having been iU'rorjxjra^ tod last year. Its loans and discounts are $63,000. its capital $30,0fK), and it* •deposits fire about $40,000. Depositors wbl be paid 4n 'full and a fair sum will be left for otockholders. Largo Reward for \Vr«*ck«*r*. Louisville, Ky., Dec. 30.—Tho I>»ui»- ville and NttbvUle and Southern Hall way CompanYs have offered a reward of $10,000 for the arrost and convic tion of the porwon or person* who Cftused the Cabals, river bridge wr«’ck, near Blocton, Ala., Kst Sunday. Dc- toctlves of both roads aro working to the same end. * DEATH OF A DRUMMER. W. C. Morgan of Alabama Found Dead on Hi*Bed. Birmingham, Ain., Deo. 30.—W, C. Morgan, representing Roars & Co., wholesale dry goods and notion* dealers of Nashville, was found dead Tuesday night about 10 oMlo.-k in hi* room in llie Poke house in Goodwater. Mr. Morgan was dlsooa’oreil (by (Mrs. Poko on pass ing llu* window, lying aero,"S 1 ho Hied with ids clothes o-n. She notified her htyfiM&d, Dr. C. M. Poke, who went Into -tho room and found that ho was dead. Albout an hour before Ills death Mor gan was in the parlor of tho hotel play ing on the piano and singing. He sold a hill of goods Tuesday und his sample* wore left open in rooms nlltove C. uM, Crow's store, which is used hy File drum* aneru as a sample room. Morgan had been in Goodwater several days, and was ap parently in good health. He lm» many frienda there, and always had a good trade. Justice C. M. eiSMftm ova* sent for, and he took charge of the remains. Ho wired to Morgws house in Nashville and was instructed 'to bring the remain* to Birmingham, where they will be met by u Mr. Thomas, nephew of tho de ceased. Justice Simpson and Dr. Poke readied Birmingham nt G o’clock this evening ami W’ore mot 'by Mr. Thomas, who left nt 12 o'clock ovrcr the L. and N. for Nashville, where tho remain* will be Interred. •Mr. Morgan leave** a widow and one child. He was a nephew of Gen. John T. Morgan, and. was 'widely known la the commercial world and highly es teemed (by his drummer friends. Dr. Poke mid Dr. Argo examined Mor gan, and attributed his death to heart failure. Failure of n Dry Good* Firm, Parkcrs’mrg, W. Vfl., Dec. 30.—Isaac Prager & H'-rr*, extensive r-rtail dry good* deal era, made an assignment ymterday Assets and liabilities estimated at $100,- ooo. ■» : • . fU Mr**. Hwrher’' < ondUion, Stamford, Conn.. Dec. 80.—Mrs. Henry Ward Beecher was .this afternoon re- ported more comfortable, and it i» be lieved there is now a fair hope of her recovery. INDEMNITY FOlt FABIANI. Ills Claim Against Venezuela Awarded by SwIsb Fed oral Connell. Berne. «Doc. 30.—The Swiss federal council today rendered a decision la tho matter of »Lho arbitration of the claims ■of the French merchant and shJp owner, M. Fabian!, -against tho republic of Venezuela, amdor 'tho administration of tho formal' (president, Blanco. Fab* hull nt*. u .ei*u*«i till at Blanco had ruined <hlm. and his claims for indemnity were swbmlttivl to tho presldemit of tho Swiss confederation for arbitration to 1891 The federal council In 1893 directed Prof. Virgile Uotset&f of tho Univer sity of Berno -to examine tho enso and glvo a .legal opinion of the action of the Venezuelan executive toward the complainant. 'Who demanded 8,000,001 francs ].ndemnlty..' * : The award promulgated by the fed oral council toduv «lmply recognizes ■the fact 'that. Justice was denied to F-aibla.n1. and fix-*» th*o indemnity *to bo paid to him •by the roptfbllo of Vene zuela 4.346.C56 francs. The derision solve* a great many iwlnts nffectlri the riRht3 of nations, private and in* •terna-tlonal rights and civil right*, an gives extyauDtlve explanations there- The document. 'It Ln <*xp oted. will Ik* of the hlghoflt order of In-t' rnirtlonal value KootWn •* «*ba 1 \**«*rP»jon. New Or’oaiMl, Dec. 30.—The adjourned meeting of the Boirthern As^wlation of Hortolrali riubn Ik* he’d in Montgom ery Monday. Han. 4, 1897. at th* Wind sor Hotel. Presukrnf Powers will b*av»* boro Sundnv *>» nttemi the meeting. DtQve iorom the luritntfon. 20.—The chamber of Commerce, through the unanimous action of its Is^ard of direct ora, h'ts decided to ignore the invitation to wen*l delegates to th«* monetary c*mfen*n-\* to be held to IndktnapolU next month. HltHOPK AND CUBA. Ex-Prcinler HcaraMta Says! Europe I» Snipntliy With' Npnlii, (Madrid. Dee. 30.—»A reporf of an In torviow with ex-Preir»1er Bugasta, tii> leodc-r of the flomkh Liberals, is pub- llf<h«?d in El Liberal, in which he J« ported as Haying that Europe Is oymi>athv with tiipato to her maint nan'ce of Qpaaiteh aovorlgnty In Cuba, but that Europe also wishes io see th- establishment of reforem in Culxi. fi* nor SasMMta. further expresses his be lief that Premier Canovas only awaits it report from Gen. Weyler 'that the Pi nar del Rio province is catered of r<' els when he will grant reforms, an later autonomy. The tx-prcmler is also quoted 00 saving thac Gen. Weyler is •himself an obstaole to* the pacification off Cuba, beln/g incapable of coping with the rebellion. CONTEST IN TKN N ESS KE. IlepubllcanH Ifavo Hnlned Funds to Ouat Bob Taylor. Nashville, Tenti., Dec. 30.—RcpnUiean leaders In Texmcsce met here today finally derided to content the gtibe turinf election of which (Be returns * Robert . TMw (DonKx'rat) victorious over G. N. TFV.man (Republican) by 8.(KM) votes. This is the second time Republ* cans have come to a similar cone" but for some reason (they reminded tb action taken at the former meeting- ~ B. StaliJinail, H. Clay Evan-, E. J. 1 fonl, Richard Austin and Newell San ders, all ppmilncilt polRlCteus, wei attendance. It is unnerstood $10,000 raised to defray exp'-nees of the contest. Dentil ot Mr. I. liardy. New Orleans. Dec. 30.—Mr. I. Hardy, general freight or.d prss-nger ngeat th** Que-.-n and Cri-s eikt Route, d at his r«rUd*m.:«* hore tills aftenu»on uf t.?r a brief fliios.?. He was *>na of tho best known rallroa 1 men in tho fV.»uth H • was a native of II'avis county, Mia sUHlppl. He was 51 y<-*aro of age. and has iK*<**n onn»*-t'vl with th«* Ala' and Vicksburg railroad, wh'xh Is a par' <i! th * Qu** n a:vl ( Y«-v art »y#tem, ever since early -manhood. Ho W«» Borne From tho Flold and Rhm Mcdlcnl Attoutton. nnd 1. Now In aFnlrWny to Recover—Tho Troncherj or Zertuchn. ■Havana, Doc. 80.—"Maceo Is alive,- the Cuban's Joyful cry. Tho first rumors aoceptcil with Incredullly are now- Knlninif ground. Information Is coming Into the city dally givln pro- 'so dotnlls. It 1s said that when ho ll from !iis horse hl» followers thought hint (tend hut found that he, au still living and spread the nows that ho ■was dead In order to carry to a place ot safety. Under a strong escort they carried him to tho Slgiianoa hospital where under tho skillful treatment of -Uoe.tors Fermln, t aides, Domlnguea mid Panehon Do- : mltiguca the chief Is now alowly re cuperating. T!ki acute period has now passed. It seeinn that only one wound Is dangcri.uH (hut being in tile stoin- eh. Forlumitely the bullet did not >urh the Intestines. It was haired that peritonitis might set In but he es caped lids. The other wounds are In the Jaw and hack and nro only slight. No Bones were fractured. Zeriuchii's treachery ts being oon- flrmetl dally. It la said that Maceo'a nrst words, when he whh able to speak was to order Zertucha’s cap ture but he had already fled to the bpnnlsh tines. Zertucha wrote the pn- per found on Gomez's body. Gomez O^ 8 . , b y a bayonet thrust amt did not stab himself, us tho Sjianish Guanabaeca Clly, on tho other sldo of tho harbor Is terribly excited by tho crimes that tho notorious Major Fon- devela Is committing dally. Families are moving to Havana, being horror- stnc.kon, blneo being placed In cum- ot -'he garrison, Vico Count O Reilly relcnBcd, being a Cuban, the former Is made responsible for the en try of the rebels. The daily butcheries by .Spaniards are said to exceed thirty. It Is hard to obtain facts ns the peo ple fear to speak. Herewith Is an In complete list and dales of those killed: On tho 28d. the samo day hs took coiranaimi. he ordered the -Im.there Ruiz killed: on the 24th, one named Sotol- °hfl01 on tho 2Ji'h. Nunez and others; on tho 261,h. Mmules, 80 years of age, on the farm of Norla. and seven more 'be- 'sides young I'.urtorla, well known In Havana iw a il)UHHi>all player. It la «ald that dutiivg .Uhe 1o«t dhri^j nighUt tooro were klllc*!. All were tak«m nt nhrhlt from thrir homva, (bound and brought to ‘the outakriru* of Uio olty, Kiiii'hiM ’with mudustto-s and (their \kk1* ton loft to tiio flefld. Tholr ff«jnlll<w *w(‘r(i prohibited Croon burying .thorn. No for* •mal trial wa* glvcm, niott oven a cicm- blirntr* of the Game. All Were kiUod at onco on Faridtriiria'd oider. Some En glish lvwldviii.s airq>oalol to ftheir crMwu- l.ito for Protection. Tlio -now's, wjion roi-olv’uyl In Havana* created n great im- pro*rion tutxyn tho Ouibann. The flpun- tercls twlmlt that the ffcuiw land many of twin strongly protest. Private reliable information received from Sanotl -rtnirltu-M roporiti* that Go mez, wltM a Ifcvngo ffor*v*. Quiwcin Ban- <tera» oommankltog tho vajig-uard, la now Jn that cctetkm rmovinw iwokt. Alco, that another exocdiUon was landed Jn that province. It Ik rnuld that Miurquh Apestogaiia, CoivHeirvaltlvo driogato of the d&f&nso con»imftt*-e. «a1l« b»day for Rpaln. co-m- mirtKloned by 6i>ainMi ■plamtora «.nd mer- dlumts to a*^k 'Woylerr'a recall or request tho &wm\ah govommemt to order Wey- 'lor ito allow grind tog. Hoatilo sentt- ■menUi -arc naw openly expreMwed. It Ih ndmltiu-il that the eumipalim in Dinar dol Rio Is a oomploto .failure and that the march on trtvrouigli the province are simple T>tvrtnc!ta4-f*s along the hnse of rhe hills. Thev are furious when realizing that 26.000 men do not dare attack tho rebel fitirongholds on ths -mountain mimiurILs. It He eaJd that the rebels an* quWtiy waiting to allow him march umriolected. H»> win soon ivc tin* iprovtooe and dcfclaro -me parifi.*sl when they <wl!l »woep down from the hills with fire and siword and lav (he whole countly to waste. At tho last moment nows wno receiv ed -of a fierce engngcrmunt In IMnnr del Rio, Ruiz Rivero, with 800 men, de- feated Col. Boguora, tofllctlns; hf*avy lowos on tihe Br/anlords, thirty of whom nro reported killed and over 100 wound- i I. During tho fight Oharlow Dough- •rty, an Airnortonn i'itizon, strayed and .was oapturefl -by ftpanlsh troopn «nd HlifUgOiterod. A gold watch and his h!3 <mf>n*ogra/m -was found ou l»ls per son aind is now to -possossion off B»s guora. No news off anconut*r* 1n Pinar d<*l RJo arc el lowed to 6m; printed and no offlria.l roi»»rt».aro .glv«*n. Weylcris wh»mi Is to declnro tho provlnor p«<*4- fiod and that tlhe rdbels have disbanded and offer no encounter. ZERTUCHA 811QT MAC|EO. A Woman llringx Nows 'That Maceo Was Only Wounded. Key West. Fla.. Dec. 30^-Dolaros Montetvi. ‘widow of Id no Mirabel, lieu tenant-colonel in tho insurgent army, arrived In thl* city tonight, -twenty day.* from J-aruoo. 8iie rej/orts that the inHurgentH aro vmmeroaw* to tho j»ro- vtoof Havana and are .well equtp-i»ed with arm*, flummamltlon, etc., and that tho bugle call off the* Ina-ungunts can be dlHtlnotly heard to many of tho cit ies. fljo status Lh-nt before leaving Jar- ifico c<lie learned that Maceo had been wounded, and It was reported that l>r. ZertiKiha rtmot h'/m. the trail entering the fistek off Mfu^eo's nock ami corning out of the mouth. The chief w'ns car- riwl off by his men and is now In hid ing, attended by four off tho 'best physi cians in the insurgent army. H.V «ta.t-.'« tJuil she knew of the mur der of Charles Oovtn, an«l that siuvwas told by her husband «m the day follow- ing tho arrival of the Cowley expedi tion that Govin was killed in a most hhocklng manner, having been liter ally (hacked to pieces. The lady has t>een taken in charge of -by the, Cuban relief committee. The Bermuda Heady Again. N«w York. Dec. 30.—An officer from the United .States r.*vecvue cutter Man hattan -want on board the st im**r Ber muda, lying off Liberty Island, this morning and made a thorough search of the vessel. The Bermuda has been under surveillance of Spantoh spies, who believe she is scboiu to carry an other filibusterime expedition to Cuba. Bhe took on beard h**r coal and provis ions last night and a crew of twenty- five was taken on board this morning. Hh* to exnc-cted to sal! at noon In bai- iaat. The revenue cutt**r Manhattan will accompany her until she reachua the three-mile ilmiL