Hale's weekly. (Conyers, Ga.) 1892-1895, August 02, 1893, Image 1

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VOL. XIII. hligeaphic gleanings. TiieNews ol ttie World Condensed Into Pitny and Pointed Paragraph Interesting and Instructive to All Classes of Readers. ■P ,, hes of Friday from Medford, Wis.; 1 .^Prentiss Junction, those towns Wis., have and u’is say ' y dispatch of Thursday to the ( , ' y 01 .]. Herald, from Panama, says telegram from Nicangua an- 81 Loon revolutionists have 'tS ic The cup to city Of Managua. details 1 lmy® not been obtained. Fire broke out at 12 :30 o’clock Fri enty-flve men will be thrown out of employment. HALE'S WEEKLY. CONYERS, GA„ WEDNESDAY, AUGUST 2, 1893. A default of $65,000 in interest is charged. At a meeting of the directors of the savings banks in New York city, Fri¬ day night, it was decided that all the savings institutions should take ad¬ vantage of the sixty days’ notification clause by depositors. This movement will in no way affect Wall street. It will only affect the small depositors and will in no way touch the market or national banks. The steady drain by small depositors has undoubtedly caused the officials of the different in¬ stitutions to take this action. The employes of the immence works of the Clark O. N. T. Thread compa¬ ny at Newark, N. J., were surprised Thursday on reading the following notice posted on the gates: “The em¬ ployes of this company* are hereby notified that until further notice the company*’s employes of the mill will work from 7 o’clock a. m. to 4 o’clock p. m., Saturdays excepted.” The company has on their pay list over 1,600 and the action in reducing the hours of labor will be severely felt, especially in Harrison and Kearney. WASHINGTON GOSSIP. Happenings from Day to Day in tlie National Capital Appointments in the Various Depart¬ ments—-Other Notes of Interest. 0 Signs . of „ the ,, opening of , congress are beginning to appear. About a dozen members of the house and several sen tors arrived Thursday. The president, on Friday, issued a proclamation in regard to reciprocity of wrecking between the United States and Canada. The proclamation recites the various acts of congress relating to the salvage of vessels in Canadian waters. Secretary Carlisle, on Friday, re plied to the request of the Kentucky distillers for an extension of ninety days, in which to pay their internal revenue taxes upon their whisky, which has been held three years in There was nothing in its condition to warrant this run or to occasion suspi cion as to its solvency. It seems to have been prudently managed and its re¬ sources are unusually free from items of questionable value, there being no bad debts. The bank is solvent and should be permitted to resume. The depositors very generally express a desire to have the bank resume and promise every assistance in their pow¬ er. The available assets of the bank amount to $964,283.95: its liabilities to$708 228 .25. The remainder of.itsre consist of cash and itemsreadily convertcil into cash.” The idea of the comptroller in making this statement pubue is to show the fallacy of the theory that everything is going to rack and ruin because banks are clos ing here and there. If the people who have money on deposit were, not panic stricken and did not join in wild and unjustifiable runs many banks which are now closed would have remained open and done a healthy business, BUSINESS REVIEW. THRODGHODT THE SOUTH. Notes ot Her Progress ant Prosperity Briefly Epitomized And Important Happenings from Day to Day Tersely Told. The Atlanta,Ga.,telephone exchange was burned out Friday afternoon. Two firemen were seriously injured and one of them may die. The Bristol, Tenn., Bank and Trust Company decided to go into voluntary $80 liquidation Tuesday. They have 000 assets and owe depositors $15,000. Unprofitable business is the cause. There was a conference at Ilaleigh, N. O., Friday of leading republican straightouts and of those who favor fusion with the populists. It is deci¬ ded that a fusion organ shall be estab¬ lished. The Pineville Banking company, at * iff., ......i 2i.„ i.______ 1 /..: NO. 27. ANGRY SEMINOLES. A Pale Face Slaps the Chief’s Son and Trouble May Result. A Jacksonville special of Saturday says: There is fear that the Seminole Indians in south Florida may again go on the warpath after over forty years of peace. “Little Tiger,” a chief of that portion of the scattered tribes which has its villages on the edge of the Everglades, not far west of Biseayne bay, is now on his way to Tallaliasseo to seek an official inter¬ view with Governor Mitchell upon a matter which ho and his tribe consider a serious insult to the Seminoles. “Little Tiger” has a young son who lias been taught the use of the bow and arrow, and the rifle, and is an expert shot afield as well as an excellent marksman, This summer the tribo has moved its habitation eastward somewhat in order to he nearer tho bay and ocean, where it is cooler, as well as to fish. This has brought them quite close to the white villages which border on the bay Bascayne, and “Lit¬ tle Tiger’s” boy has been hunting, it appears, too near tho settlements. Ho