Newspaper Page Text
The Banner Will Give Yon All
The News of Conyers and Rock
dale County.
VO). xxv.
i firm fails
! FOR MILLIONS
Price, McCormick & Co., at New
York, Go to the Wall.
Labilities reach $i3,0oo,oa&
load Extended Wire Service and
Controlled Much Southern
Stock Business.
Price, McCormick & Co., one of the
Orgeat brokerage houses in New York
air failed Thursday with liabilities
abated at $18,000,000. Stock, Cotton The firm and is
L member of the
Unce Exchanges and of the Chicago
Lock [about Exchange, and has branch offices the
thirty cities throughout
failed States.
The failure is ascribed to the fact
laatthe firm was long on cotton in the
faceof a fast falling market, A notice
the doors of the offices of the com
nu William
referred all inquiries to
I Curtis and William N. Cromwell,
Mr. Cromwell said late
Thursday afternoon that it was impos¬
sible to make any statement at that
ioar concerning the condition of the
Em; that its business is very extended
mi'covers liabilities, several he branch said, agencies. about
Be total which are
113 000 000 , nearly all of was
, , added that, statement
lectti-cd. He a
ronld be submitted to tho creditors at
Ike earliest possible date.
The firm is composed of Theodore II.
Price, William G. McCormick, R. G.
It Stewart-Wortley and' Walter W.
Price, with George Crocker, of San
Francisco, a special partner on an in
restment of $5,000,000. Mr. McCor
Liek is of the well known Chicago
Emily of agricultural implement fame,
inlMr. Stewart-Wortley is a sou-in
L ? of Rear Admiral Schley. The firm
tu organized January 2, 1877.
■ MWiug the announcement of the
■Satoe tie cotton market became
Blrifto, feiccifeut and broke 10 to 13 points,
of decline from the highest
price when the hull movement culmi¬
nated lias been 122 points. Later in
[the |«ad day recovered the market from became the depression. more quiet
[ Assignees William J. Curtis and
[William Nelson Cromwell made the
[following ■failure: announcement regarding the
“To the Creditors of Price, McCor
lici&Co.: Price, McCormick & Co
live been compelled to temporarily
raspend payment. We ask and advise
tat creditors holding the stocks,
tads and other collateral to loans
lad already well margined, hold the
ioans until reasonable opportunity be
ifeed the assignees to deal with the
»me, that unnecessary losses thereby
mj be avoided.”
Price, McCormick & Co. had an
tended wire service, and at times
tete credited as doing fully as large a
msiness as any firm on the exchange,
fob of the business of the firm was
a the cotton exchange at first, and its
«aor member and organizer was
ICo. raerlyof the firm of Hubbard, Price
At that time the older firm had
ihtge southern business. The present
Uncontrolled much of the southern
M: business, and has been very act
times in stocks favored by south?
11 operators, although its lines of
nde have been far less in volume
t«n jts regular eomnrission business
feined through its wire service to
Bbide cities.
P'ioe, McCormick 4 Co. have sev
!* branches in New England. A.
»■ Hogia, of Hogin 4 Co., Memphis,
ran., correspondents of Prioe, Mo
Waiek & Co., said (hat his firm
Wd lose but little by reason of the
blurs.
Q^ite a stir was caused in cotton
«es in Waco, Texas, when the fail
•'"as announced. A member of the
*ko operating 0 n the cotton exchange,
™ is iu a position to know, says
no one on the leased wire in
* "as caught by the failure.
! >s estimated that the losses iu
1 Tmncisco in cotton and stock
.“"ghthe failure of Price, McCor
* Co. =3 in be closo to the half
f
UST OF THE DUELISTS,
Pa ee McCarty Passes Away at
tai Richmond, Va.
2 edltor ? Pa and S« McCarty,' duelist, died the Friday cele
,; *Ee retreat for in
^“Hoad, the sick
A a., after many days ill
Captain Page McCarty was the last
a"' ?® 0QS southern duelists. He
Win a ? a ®*i that one °f the princi
»tl. S fata *- r was romantic as
He killed John Mor
_
If prominent lawyer, and was
teTr ibly wounded. The lady
5 at t ‘ ma the belle of the
, as the innocent cause of this
CD HH O CD FT go CD go a .. . CD
STEVENS’LIFE THREATENED.
Governor of Missouri Says Law¬
lessness Must Be Stopped at
all Hazzards.
Thursday was the 17th day of the
strike inaugurated by the employes of
the St. Louis Transit Company, with
a settlement apparently further away
than ever, neither side to the contro¬
versy seeming willing to advance any
proposition to end it.
'lire Transit Company has resumed
service on nearly all of its lines. Non¬
union men coutinue to come in from
other cities, and as they arrive the
company puts them to work, Word
was received from Cleveland that
forty-two ex-empioycs of the Big
Consolidated street car system had
been sent to take the places of strikers.
Thus far no general sympathy strike
among the labor unions has been call¬
ed, as bad been expected there would
be. Different trades and labor organ¬
izations are showing their sympathy
with the strikers by contributing to
their support and passing rules fining
members for riding on the street ears.
Union labor has bronght the World’s
Fair question into the strike question.
At a mass meeting held Wednesday
night a resolution was passed to the
effect that all union labor throughout
the United States be asked to instruct
their representatives to oppose the
passage of the World’s Fair appropria¬
tion bill unless the St. Louis Transit
company settles the strike satisfacto¬
rily to its former employes.
Since the strike began 200 arrests of
persons alleged to have violated the law
in its connection have been made, 25
warrants have been issued, ten indict¬
ments reported by the grand jury and
the remainder of the cases have been
taken to the police and United States
courts, where many of them are still
pending.
Governor Stephens was in the city
Thursday for a conference with the po¬
lice authorities on the strike situation.
To a reporter the Governor said:
“I am satisfied that the trouble
along the street ear lines and the
whole spirit of anarchy which is pre¬
vailing in the city of St. Louis at
piresent is being fomented and extend¬
ed by the machinations of a certain co¬
terie of Democratic politicians who
hope by their course to in some man¬
ner make gains in the approaching
party primaries. This element is se¬
curing speakers to meetings held to
express sympathy for the strikers all
over the city and materially encourage
disorder.
“These persons are responsible for
many of the outrages of the past few
days. It is as a result of their move¬
ments that I have received many let¬
ters threatening my life should I con¬
tinue to do my duty and provide offi¬
cers to keep the peace.
“I desire to say further that if as
governor of Missouri with all the
power vested in that office I cannot put
an end to the disgraceful condition
that has prevailed in St. Louis I shall
employ every iota of that power.
“The riot and disorder of every un
awful kind must cease.”
A statement compiled Thursday
shows that since the strike began three
persons have been sho‘ and killed, 16
wonuded by Luilets and 13 otherwise
injured.
MRS. DAVIS DECLINES.
Cannot Be Willi Confederate Veteran^
Owing to Uncertain Health.
A Louisville dispatch says: Judge
H. W. Bruce, the chairman of the con¬
vention committee of the confederate
reunion, has received the following
letter from Mrs. Davis, widow of Jef¬
ferson Davis;
Your kind invitation on the part of
the United Confederate Veterans has
been received, and I regret to say that
my health is so uncertain that I can
not possibly have the pleasure of be¬
ing with you, great as it would be to
me. However, the date set for it has
given me comfort, in the assur¬
ance it oonveys that my hus¬
band’s friends and comrades desire to
hold him in affectionate and reverend
memory. I wish with all my heart I
could go to meet our friends, but iu
all events I send my loving sympathy,
and our two children will he present
with you—my daughter, Mrs. I. A.
Hayes, and my grand-daughter, Miss
Varina Hayes. With affectionate mes¬
sages to our veterans, I am very cor¬
dially yours, Mbs. V. Jpffeson Davis.
“THERE ARE OTHERS.”
Official Just From Cuba Says Customs
Service Is Involved.
A Washington special says: The
exposure of the frauds and corruption
in the postal service in Cuba is only
the beginning of a series of explosions
that will probably shake every depart¬
ment under military rule in the island.
Now comes _____! the direct information
from an official of the customs service,
------- __ Washington , .
who Las just returned to
from Havana, that the customs service
in the island is honeycombed kind with and
fraud of the most flagrant officials
that the peculations of high by in
this department will eclipse those
the Rathborne. Neely, Reeves gang.
CONYERS. GA.. WEDNESDAY, MAY 30, 1900.
EXTRADITION
CAUSED A TILT
Bill Intended to Cover the Neely
Case Before the House.
BRINGS UP LIVELY DISCUSSION
Repeal of War Tax Bill Also On
the Boards—Lively Debate
In the Senate.
A Washington special says: Quite
a lively debate occurred iu the house
Wednesday over tho extradition bill.
The bill reported was general iu its
terms. It was intended to meet the
ease of Neely, who stole tho Cuban
postal funds. The Democrats sup¬
ported Mr. DeArmond’s amendment
to confine the operation of the bill to
Cuba. Mr. Clayton, of Alabama, stated
the Democratic position in a breezy
speech, in the course of which he
said:
“This kind of legislation is unpre¬
cedented in the history of the country.
Why the necessity of this measure be¬
fore this congress? The uniform policy
of this government for over a hundred
years has been to refuse to pass such
a law as this. The policy has been to
permit the extradition of citizens only
in cases where treaty provisions make
it onr duty so to do.
“Now, why is this settled policy of
the government to be changed? Gen¬
tlemen who are familiar with this sub¬
ject will recollect the Morrill resolu¬
tion, offered some years ago, on this
subject, aud they will recollect some
other attempts. Why the necessity of
this legislation? It is because this
government has not lived np to its an
cient policies aDd traditions. It is be¬
cause this government is not observing
the constitution with that strict regard
that the fathers regarded it. It is be¬
cause this government has not lived
up to its pledges made in the declara¬
tion of war with Spain, namely that
Cuba should be free.
Mr. Fleming, of Georgia, also made
a speech in favor the Democratic
position. in his invocation
The blind chaplain
lather startled the house by referring
to the Cuban frauds, which, he said,
brought tho blush of shame to the
cheek of every true American.
We pray,” he continued, “that the
culprit will be brought to speedy jus¬
tice, that we may give an object lesson
to the world iu dealing with perfidy
and fraud.”
The house also adopted the resolu¬
tion to allow the committee on ways
and means to sit during the recess of
congress for the purpose of framing a
bill for the reduction of the war reven
ues and a resolution for a sine die ad
journment June 6th.
Mr. Richardson declared emphati¬
cally that congress ought not to *jd
journ until some provision had beeu
made for the reduction of the war
taxes. The report of the secretary of
tho treasury showed that the surplus
at the end of the fiscgl year would be
$90,000,000. Tl^e gentleman from
New York might juggle figures, but he
could not get away from the fact that
the secretary of the treasury said there
would he a vast surplus June 30th.
Mr. Richardson said he was in favor
of repealing the tax ou beer. (Demo¬
cratic applause.) Undenvood, of Alabama, and
Mr.
Mr. Fitzgerald, of Massachusetts, also
insisted on immediate repeal.
Mr. Sulzer, of New York, declared
that the Republicans never intended
to repeal the war revenue act and were
playing politics. repeal of this
“There will be no
law,” said he, “until William J. Bryan
sends his first message from the white
house.”
The adjournment resolution was
adopted without division.
CONTBOVltBSY IN THE SENATE,
Wednesday was a day of rasping po¬
litical controversy and oratory in the
senate. With the controversy, those
of the Democratic side of the chamber,
anomalous as it may seem, had little
to do. What by far-seeing senators is
regarded as likely to be the paramount
issue of the approaching national cam¬
paign was the subject of two notable
speeches, one by Mr. Platt, of Con¬
necticut, and the other by Mr. Spoon¬
er, of Wisconsin. The former was an
answer to the speech delivered a few
days ago by Mr. Bacon, of Georgia,
on his resolution demanding an inves¬
tigation of financial affairs in Cabs.
The speech of Mr. address Spooner was the a
continuation of his on
Philippine question. In its course he
became involved in a heated and sen¬
sational colloquy with Mr. Hale, of
Maine, over the government’s conduct
of affairs in our “insular possessions.”
It was a remarkable controversy be¬
tween two of the best equipped de¬
baters in the senate and was listened
to with profound attention by sena¬
tors.
BRITISH ARMY UNITED
General Hamilton’s Forces Join
Those of Lord Roberts.
A RAPID ADVANCE IS BEING MADE
Burgliers Destroy ttririgeg oil the Retreat
Across Vaal River-flielr Movements
Mysterious.
A London special says: The latest
intelligence from Lord Roberts’ bead
quarters at Vredefort station, filed
Thursday at 5:45 p. m., was that the
British were rapidly advancing. Gen¬
eral Hamilton had effected a junction
with Lord Roberts. The country in
from of thorn was clear of Boors to Vil
joen’s drift. The Boers were evacuat¬
ing all their positions south of the
Vaal river and5,000had already cross¬
ed to the north bank. Probably Gen
eral French’s cavalry is already roeou
noitering the fords of the Vaal.
War office observers expect that the
next dispatch from the field marshal
will be dated in sight of the Trans¬
vaal frontier.
Mr. Bennett Burleigh, wiring to the
Daily Telegraph from Vredefort Thurs¬
day morning, said Lord Roberts would
doubtless cross the Vaal river Satur¬
day or Sunday. The British outposts
were then at Erste Goluk, nine
miles north of Vredefort aud
twenty-six miles south of the
Vaal river. The railway is much
damaged. While the British iu over¬
whelming force are approaching the
Transvaal the movement of the
are enveloped iu mystery. The last
Pretoria news to reach Loureuzo
Marques was a week old. Everybody
seeking to cross the Portuguese bor¬
der from the Tranvaal is searched for
newspapers and letters. Dispatches
and mail letters containing even
harmless references to the war are
suppressed; the only news that has
emerged from the Transvaal during
the last ten days has come by word of
mouth.
According to these oral reports
Boers were quarreling among them
selves. Transvaal paper money was
circulating at 80 per cent discount,
Beckets’ firm was giving one pound in
gold for five pounds in paper. Kvouz
and Klinke, the engineers who oppos
ed the blowing np of the mines, have
been dismissed. Commandant Schntte
had been appointed to defend Johan
nesburg, ami all the British subjects
had been turned out. The Transvaal
ers fear that the British will blow up
the bridge at Kornati poort, thus cut¬
ting off their supplies from Delagoa,
and a commando of 501 is guarding
the bridge.
It is reasserted that President Kru¬
ger will retire to Lylenburg when
fighting is imminent at Johannesburg
and Pretoria. Concern is expressed
at Pretoria with reference to the pos¬
sibility that General Carrington may
come down from Rhodesia with 5,000
men to co-operate with as many more
entering the Transvaal by way of
Mafeking. Horse sickness is said to
have broken out among General Car¬
rington’s brigade.
Cecil Rhodes is at Bier, Portuguese
East Africa. Mr. Fuller, a member
of the Cape parliament, who is sup¬
posed to he a confidant of Mr. Rhodes,
said in the course of a speech at Cape
Town Wednesday, when proposing the
health of Mr. Rhodes, that the latter
“was working to consolidate South
Africa from the Zambesi to Table
Bay.”
Major Baden-Powell declines to act
on the suggestions of his friends that
he should return to England for rest.
Ho is determined to retain his active
command at the front. Advices from
Mafeking dated May 20th, say:
“The Boers are intrenching at Pol
fontein, ten miles east of Mafeking.
The northern railway is now repaired
to a point within four miles of the
town. Ample supplies of plain food
are coming in.
“Colonel Baden-Powell voluntarily
gave up fifty-three Boers aud eleven
wounded to the Boer commandant,
who thanked him for his kindness.”
The Barautongs, stimulated by the
British success, attacked * the rebel
natives at Belfontein May 19th, aud
took muoh loot. They released Sani,
the old chief, who rendered good ser¬
vice to the British in keeping Mafeking
with news of the Boer pporations.
MOB ATTACKS CAR.
St. Loali Policemen Fine Into a Crowd
and Volley Is Returned.
A car on the Jefferson avenue line
at St. Louis as attacked Friday after¬
noon by a crowd of men and boys,
several shots being fired. The police
man on board the car returned the
fire and in all about 100 shots were
exchanged. Peter Wells, a patrolman
who was riding on the front platform,
was hit in the left armpit, the bullet
producing an ugly wound. It is not
known who fired the shot, It was
rumored that two men in the crowd
were shot, but they could not be found
by the police.
2 3 . = °ss O 5 5 J 85
5
ARMY OFFICERS ANGRY
They Make Vehement Denial of
Charges of Alleged Extrava¬
gant Living In Cuba,
American officials iu Havana feel
that they have been unjustly treated
by certain newspapers in the United
States, which have published the
sweeping statement that they all live
extravagantly. Army officers point
out that if they have to live iu cities
their expenses are much greater than
when at homo. Moreover, very few
care to risk the health of their families
by keeping them in Cuba during the
summer. Thus two establishments
are necessary. As long as their duties
compel them to live in a tropical cli¬
mate, they feel that the United Statos
government, like other governments,
under similar conditions, should pay
additional stipends.
So far as tho officers of high rank are
cooerned, it should be pointed out that
General Wood occupies only a small
portion of tho palace for residential
purposes, the vest of the building be¬
ing utilized not only for divisional
offices, but also for all tho municipal
offices. A number of employes have
to be kept at General Wood’s expense
—cleaners and helpors generally—and
he says that if he did not have some
private resources to eke out his pay
and his allowances, it would bo next
to impossible for him to live iu the
palace at all.
Collector Bliss lives quietly in a
single room at the Hotel Telografo,
going to and returning from his office
in a hired vehicle of the most ordinary
description. Major Ladd, chief quar¬
termaster, lives at El Vedada iu a
house which he shares with three
other families. General Lee lives at
headquarters at Quemados, where do
all his staff officers who are unmarried.
General Wilson, governor of Matauzas
Sauta Clara, lives in a house for which
be pays a small rental. Colonel Whit
side, at Santiago, lives in a little
wooden bungalow, formerly occupied
by General Wood and leased from
Mrs. Eamsden, wife of the former
British consul.
General Humphrey, Colonel Black,
Major Scott, Captain Pilcher and many
officers live in buildings used by the
government either ns offices or police
barracks. General Wood, when asked
what he thought of such charges, re¬
plied that he considered charges of
extravagance in departments, except
the postal, unfouudod, adding that ho
believed no other department had auy
thing to foar on that score and that all
could endure the closest investigation
’possible.
A postal official who has been in the
island more than a year says that when
the Americans first came there wore no
records and no furniture even, that
Spanish postmasters, the only ones
who knew anything about it, could
not be employed because of the ery
“Cuba for Cubans,” that consequently
the service had to be built upon practi¬
cally no foundation at all. He also
points out that Cuban postmasters were
found very difficult to teach.
The loose methods of former times
have been carried on at some points,
even to the presont day. One feature
that enabled C. F. W. Neely to divort
funds in a fashion exceedingly diffi¬
cult to detect was the custom of many
postmasters to pay cash for all stamps
taken fvotu the department, while
there was no rule for keeping hooks of
account. As a result the inspectors
had no wny of ascertaining how many
stamps bad been sold, and the state¬
ment of Neely, if in collusion with the
postmaster, would tally with tho lat¬
ter’s statement.
This official believes that when all
the books and papers have been in¬
vestigated the shortage will not amount
to more than $100,000. It is probable,
however, that $20,000 more has been
taken, which cannot be traced. His
estimate is consequently a mere sur¬
mise.
BACON MAY SERVE
On Committee Which Will Go to Cubj| to
Invefttigate.
A Washington dispatch says: It is
very probable that Senator Bacon will
be called on to serve as one of the
members of the committee to investi¬
gate the scandals in Cuba. The Bacon
resolutions provide that the investiga¬
tion he conducted by the committee on
relations with Cuba, but it is alto¬
gether likely that some changes will
be mgde in the personnel of the com¬
mitted in order to have the work done.
Several of the Republicans on the com¬
mittee do not want to nerve.
CONFEDERATE BATTLE FLAGS
May Re Returned To Southern Staten
Through Action of CongreM.
A special to The Chicago Timos
Herald from Washington says:
“During the G. A. R. encampment
in Chicago President McKinley may
have the pleasure of returning to the
southern states the Confederate battle
flags now in the war department."
“Prominent members of the Grand
Army of the Republic have in hand a
plan to secure the authorization of
congress for the return of these flags,
and it is hoped both houses will pass
the necessary joint resolution before
adjournment,”'
NO. 20.
BRITONS INVADE
THE TRANSVAAL
Lord Roberts Is Now In Territory
of the Boers.
NEARING JOHANNESBURG CITY
Where It Is Said Tons of Dynamite
Await Invaders--End of the
War May Now Be Near.
When Lord Roberta wrote his first
dispatch on Transvaal territory Sun¬
day, shortly before 2 o’clock in tho
afternoon, he was fifty-one miles from
Johannesburg and seventy-seven from
Pretoria. His immensely superior
forces had passed tho Vaal river, their
last great obstacle, at three points.
The Vaal foims a curve of eighty
miles from Pary’e on the west to Zand
Drift on the east. The concave of the
curve is toward the Free State. Thus
Lord Roberts, advancing along tho
railway, as in a position to Btrike any
part of the crescent by shorter lines
than those by which the Boers could
re-enforce the threatened points. The
Boers retreated almost without a show
of defense.
General French and General Hamil¬
ton apparently did not fire a shot.
Of Lord Roberts’ immediate force
eleven men, belonging to the Eighth
mounted infantry, were the first to
ford the river. They oame upon u
Boer patrol looting at Viljoen’s Drift
and skirmish lasting ten minutes
followed. Two hundred Boers tried
feebly to hold the Veredeuiging col¬
liery, but they were dislodged.
The Boer rear guard is at Meyertou,
ten miles south of Veredeuiging.
Their main body is moving toward the
Klip river hills, that cover the south
side of Johannesburg.
While Lord Roberts’ 30,000 infan¬
try, 20,000 horses and 150 guus are
moving on Johannesburg and Preto¬
ria, through a parched and deserted
oountry, tho situation at the Transvaal
capital as it wus last Friday, is thus
desoribed by an observer, who sent his
message by private hand to Loureuzo
Marques Saturday:
“The situation, both from a military
and a political point of view, has be¬
come very critical. President Kruger
Thurssday admitted that matters are
very grave. The Boer determination
is to trust everything to a last stand
on the Gats Rabd mountains, to tha
north of Potchefstroom, where 3,000
kaffirs are digging trenches. To that
point every available man and gun
have been sent.
“The whole of the westorn border
of the Transvaal from end to end is
defenseless and General Baden-Powoll
can march in when he likeB. Lord
Roberts, on the other Laud, will en¬
counter the greatest resistance. Tho
Boer endeavor is to lure the British
into appearing to threaten Johannes¬
burg with attack, an excuse thus be¬
ing given them for the destruction of
property. Tho Transvaal government
will not dare destroy the mines and
property without au excuse. Much
dynamite has been sent down tho line
and 160,000 cases lie ready at Zmur
fontein, near Johannesburg.
“General Louis Botha and General
Lucas Meyer have pleaded for the
preservation of property. Both are
large landed proprietors and fear con¬
fiscation, but they have not received
satisfactory replies from President
Kruger.
“Meanwhile many French and Ger¬
man adventurers have come forward
with schemes and inventions for blow¬
ing up the British troops. Some of
these have received a tacit permission
to experiment. One German inven¬
tion is for use on a railway, where it
lies perfectly concealed until the
weight of a passing train explodes the
charge.
President Kruger’s proclamation to
the burghers asking their vote for and
against continuing the war is under¬
stood to say that they can quit now
with the prospect of retaining their
farms or continue to the bitter end.
Rumors are current in Lord Roberts’
army that the Boers intend to sur¬
render.
FOUR BISHOPS CONSECRATED
At Conference of Methodist Episcopal
Church Tn Chicago.
By the laying on of the hands of
twelve bishops and in the presence of
3,000 persons at the auditorium in
Chicago four new bishops of the Meth¬
odist Episcopal church were conse¬
crated Sunday afternoon. The newly
consecrated bishops are:
David Hastings Moore, assigned to
the Shanghai district; John William
Hamilton, assigned to San Fran¬
cisco district; Edwin Wallace Par
ker and Frank Wesley Ware, mis¬
. bishops, , . , assigned . ..... to India and .
810nar y
Malaysia. The ceremonies were brief
and simple.