The Savannah morning news. (Savannah, Ga.) 1900-current, November 26, 1900, Page 5, Image 5
many became bankrupts.
moiu: THAN an.ooo HVrmon HAVE
BEEN FILED.
*<■••■ of Liabilities In 10,540
rant** la Yulantarr Baakraptar
\\ aa t204.1iT0.1A2. Wkllf the Atari*
nrrr Oaly fl:i:*.nsH.77l—There Were
l.niai Involuntary Frfltlona—tlank
rnpfor 1.0 Haa Bran Takm .%d
--raalatr t l> All C laaara.
NVaabtnglon. Nov. IS.—E. C. BranJer
bur*. In charge of bankruptcy matt era,
haa made a report to the Attorney Gen
eral or. the operation of the bankruptcy
act of July 1. IBSoj Tne report aaya. wh
reference to voluntary <w, that a-tvan
la being taken of the law by men
of ait claaaea and tn all watke of life, and
in every aeotlon of the country.
The atatea allowing the greatest num
ber of petitions filed during the year are
Jlnot. with 3.t0. New York, with 1.007;
lowa. 902; Ohio. 867; Minnesota. Mi. and
Pennsylvania, 9U9. The amatlesl number
of voluntary petitions were filed In the
following states: Nevada. *; Delaware
and Wyoming, 13 eaeh, Idaho, 30; South
Carolina. 37; Oklahoma, 39; Florida, *7.
and Rhode Island. *.
The grand total of patitlons filed in me
Vnlted States for the period ending Sept,
yi 19" la 20.1*8. exclusive of those for the
IVteiern district of Lemtstan.i. the dis
trict of Alaska and for half of the year
for the Southern district of Georgia. New
Jsrsev. Ihe Eastern district of North
rarotuia. the Western district of Tennes
see and the Eastern district of Virginia,
iroro which semi-annual teporta were not
received
from the clerks' reports It appears that
of the voluntary petitions all were adju
dicated bankrupt except 237. In which the
petitions were dismissed, and that dia
mante* were refused Mi seventy-one case*
Ccropoattlona were confirmed In 204 ca •
The liabilities in 19,540 voluntary cases
reported by the referees amounted to E'U.-
Fe.l.'C. white the total amount of assets
In these oases was 133.(8^.771.
The nature of the business In which the
petitioning bankrupts were engaged, os
disclosed by the summary of the referees'
reports, is proportioned as follows 2.(157
were farmers. 7.61 k wagt earners, 4MI
merchants. 361 manufacturers. .SO* profes
sional men. and 4.435 contractors, hotel
keepers and others of a miscellaneous
character.
In Involuntary case* I*lo petitions were
filed, of which adjudications were made
tn all except 186 rases Of the Involun
tary case* fifty compositions were enteied
Into by the bankrupts and their creditors,
which were confirmed.
The llah.ittp-s Involved In 1 242 cases
upon which reports were male were 127-
379(01. while the aaaeta scheduled was 213,-
433.30 in 209 cases no assets werer sched
uled and In a number they were classed
as unknown or nominal The petiti dts
ehow that of those adjudicated Invol n
tary bankrupts M were wage-earners. S9I
merchants. 102 manufacturers. 9 profes
sion-! men. 346 miscellaneous and 7 farm
er*. who fotmerly had other occupations
JOHN W. lIEYDRIB IS UK At).
He IVa a rrnmlaful mtl Hcelibv
C*tlren of ( nnnerllrnf.
Sound Beech, Conn.. Nov. IS John W.
Hendrl*. one of the moM prominent *nt
wealthy men of (hie elate end distin
guished by hi* philanthropic works and
Sifts to educational Institutions In va
rious parts of the country, died to-day
from ireneral debility. He was born In
V? 1 In Sound Bench and remained here
until 12 year* of aire. when he secured s
r- mi ion as a teacher. Afterward he en
ured Yale College, graduating In 1851.
In ISS4 he went Weal to seek his fortune
and with n small capital entered Into bus
iness In San Francisco, huvlng os a part
ner K K. Lockwood of New York, with
whom he continued to be associated In
\artou* enterprises for half a century
WORKIVfS FOR A rOSVENTKW.
Mobile Has gent advance Delegation
tn Yew Orleans.
New Orleans. Nov. 25.—The Mobile dele
ration 10 Ihe Southern Industrial Conven
tion, which assemble* In this city on
Tuesday, Dec. 4. sent their secretary to
New Orleans to arrange for opening reu
ular headquarter* for their delegation In
anticipation of an energetic and determin
ed effort to have XJoblle selected as the
Ilaca for holding the next .-onventlon.
This was done and ihe hcadqis-irt-.-rs of
the Mobile delegation trill be ai T ilaiv
Hall, where the convention henJquatto.a
will be
The places that have signified their In
tention of making a contest for this hon
or are Mobile. Memphis, Little Ho k.
l.ouirvllle, Waco ami Jackson. Mi s.
NIC W WAGE M ALE AGREED ON.
Differences .About Settled on Lehigh
Valley Itaiiroad.
Wllkesbarre. Pa , Nov. 25 —The grlev
ancee of the Brotherhood men employed
on the Lehigh Valley Railroad, It Is be
lieved. have been settled as the result
of a conference between the officials of
the road and a committee of twenty-eight
employes representing the federated
brotherhoods Anew wage edale was
agreed upon.
The brakemen employed on freight arid
coal trains on branches of the road will
receive an increase of from l ft to 25 per
rent In wages and all extra time will be
paid for.
FOOD FOR REFLECTION.
Hhsl F.nwllah Have Learned From
American Jockeys.
London, Nov. *4—The Sporting Life
thinks thet the results of the season "will
furnish fond for reflection to those Kng
llah Jockeys w ho have been wlow to recog
nise the merit# of the style of their ri
val*."
The Sporlrman says:
"ft would be offectatlon to deny that
our robust faith in the tnvlnelMilty of
the English Jockeyw has received a rude
ahaktng. hut whatever can he said against
the Americans, the Inexorable logic of
•vents hat Juatlfied thalr employment."
GREW OCT OF AKRON RIOTS.
Knpler Convicted of lalaafal Pas
aeaelnn of Ittaaniltr,
Akron, 0., Nov. ft—El ward Eppley was
'■•day found guilty of the unlawful pos
••tnion of dynamite. This la one of the
growing out of the riots here In
August, last, when the city building was
’ own up and burned. This la the fifth
■ onvmtlon that has been secured, but
Jury only returned a verdlet after the
>dge hid eent them hack with a sharp
reprimand
Yew School at Woodbine, Jl. J.
Woodhlna, N. J.. Nov. 25.—The new
Huron de Hlrsch Agricultural and Indus
trial School building located here waa
•Vdlcated to-.lwy. The school, the object
which la tha training of Jewish yo tint
non and women to become practical and
Intelligent fanners and assistant* In
Jtlry. poultry. hortlcuKur.il and ether
farming departments, is a part of tha ag
•Cultural plant eatoMiaiicd kata aotne
years ago* —.
HIGH WATER IN KBNTI’CKY.
Barlows Situation of AValrs for the
Hallroada.
Louisville. Nov. *5.—A traveling man.
after a trip through Western Kentucky
i and Tennessee, arrived In Louisville to
! night over the Illinois Central from Pa-
I dueah The train was due at 5:45 o'clock,
but did not arrive until midnight.
He reports a bad state of affairs tn
Western Kentucky on account of the htgn
water. The moat disastrous flood In years
! seems imminent.
He eatd that between Paducah and
| Reeves Junction, a distance of about fifty
miles, the water had encroached upon
the lilinote Central tracks in many places
i •''•"ar Boa*, in Graves county, for three
| miles the train ran through waier up to
: the first step of the coaches. At Me-
Nalry. In Graves county, the water had
encroached upon the Illinois Central
tracks for the first lime in nine yeare.
According to thla man no trans ran nr
forty-eight hours over the Nashville,
j Chattanooga A St. Louts Railway tracks
between parts, Tenn . and Paducah. On
' Friday night the Nashville, Chattanooga
■ A St. Louis was checked by water two
miles from Murray. Ky
The water was so high that the conduc
tor wa* afraid to proceed. No one could
come out from Murray without help, so
that for twenty-four hours the passen
gers lived, wster-bound. on the coaches,
without anything to eat. except a few
crackere and the etuft the train boy
sold. Saturday night a relieving force
was gotten to Ihe train, and with men
wading ahead through water want deep
to show the way the train was going to
Murray at the rate of half an hour At
soma places sandbags had to be sunk on
the < toss ties to hold the track.
NcQl EBi Bl HM;t> TO DEATH.
I amp Exploded In the Room Where
Hr W a* Asleep.
Columbia, 8 C., Nov. *6 —Mr Donald
McQueen sueiatned Injuries from the ex
plosion of a lamp which caueed his death
this afternoon at 4 o'clock. Mr. McQueen
had been lying tn bed reading, a nightly
custom, and had dropped aslaep Hla
wife, coming Into the room, lowered the
light and went out. A few minutes later
: .in explosion was heard. The famtlj
rushed Into the room and found Mr. Mc-
Queen in flam*'. Hla 12-year-old non. In
heroically fighting ihs flames, was pain
fully burned
Mr. McQueen s whole body was blister
ed and In some places his flesh was
■ burned to a crisp In a very few seconds
For twenty-five yeara he was agent of
the South Caroline road, until It wax
leased to the Southern His father receiv
ed a medal for gallantry In the Mexican
War. and hi* wife Is a descendant of one
of Oeorgo Washington's cahlnet.
TABLET FOR THE ST. PAUL.
It la Hade of Rronae From Historical
rsstot.
St Paul. Nov 25 The memorial tablet
to be presented bv the Commercial Club
of thla city to the steamship Sf Paul,
to commemorate her services during the
Spatilah-Amertcan war, la three feet high
by two feet wide, end weighs I*9 pounds
The bronae from which It was cast *e
historical, being taken from rannon from
the Spanish cruiser Marta Teresa, the
torpedo destroyer Terror and the collier
Merrtmac, which LJrut. Hobson sank
in the channel al Santiago. The picto
rial design represents the battle between
Ihe St. Paul and the destroyer Terror In
the harbor of San Juan. The lettering
gives the chronological story of Ihe ser
vices of the steamehtp while acting xs
a converted crulaer under Capt. Bigsbee
from April 30 to Sept. 9>, 1*99.
SKELETON OF YOI JMS GIRL.
Was Found In the Bottom of a Well
al Pana, 111.
Pana. 111., Nov. 17 —Much excitement
was occasioned to-day by tha finding of
rhe aksleton of a young glrL presumably
II or 13 years of sge. In a well on the Hru
not farm. In April last the dead body of
Jcne Brunot nasi found In this same well
Mrs Brunot was murdered by two of her
nephews, who are now serving life sen
tn cea In the Chester penitentiary. To
day the work of cleaning the well eut
was commenced, and at the bottom wax
found the almost perfect skeleton of a
young girl. A bracelet badly water soak* I
naa found, as was also a comb and a key.
I.IMON LYNCHING CONDEMNED.
%n Appeal Unde to the People rvf the
lulled States.
Colorado Springs. Col.. Nov. IS—A mass
meeting was held In the chapel of Colo
rado this afternoon to voice sentiments
on the Llmon lynching. The building wss
packed and resolution* denouncing mob
law and a reversion to the days of bar
barity were passed unanimously. The
resolutions dosed with ths following ap
|ieal to the people of ths United Steles
"We protest to our countryman through
out the land that as law-abiding people
we share with them tha haiarda of tnob
•bulltlon tn revolt at nameless horrors and
claim with them tn be judgad not by fla
grant exceptions, but by ihs steady peace
and order of our dally Ilfs.”
SECRETARY ROOT COMES HOME.
Tried tn Laud at St. Aagnstlue, but
Had to Go to Jacksonville.
8* Augustine, Nov. IS.—The steamer
Kanawha, with Secretary of War Root
and Gov. Gen. Wood of Cuba, lay oft this
port ail day, expecting lo croes the bar
thla evening, but had to giva up and sail
for Jacksonvllia. where the Secretary taxes
rati for Waantngton to-night. Gov. Gen
Wood wIW Join Mrs Wood and children
here and leave for Havana with them to
morrow. There was much disappointment
that the Secretary and party ooukl not
land bets.
Klasuru'a Roily Found,
Philadelphia, Nov. 26 —The tnystory aur
roundtng the disappearance of Henry
Kiauasen. first officer of Ihe Dutch steam
er Zehtirg. on Oct. 7, when that vassal
was at this port was partly clsared up
to-day when the body of tha first officer
was found floating In the Delaware river
near the pier, where the Zeburg had been
docked Although It is believed that
Klausaen was aectdantally dmtened the
police are not satisfied with thle theory
and are investigating the case.
A New Line of Steamer#.
Berlin. Nov. *&.—Slemssen A Co s, a well
known shlpowlng firm In Hamburg, will
cstabllth a .Ire of steamers*to Hong Kong
and Bbanghal.
‘ ‘last as good as
Eat-WeH”
HEA NS THAT
Bat-Well is the Best
THE MORNING NEWS: MONDAY. NOVEMBER 20. lfiOO.
Rico
It is a good soap.
It is kept by all the leading grocers.
Florid* 3o*p Work*,
JspVsonvilla.
AFTER GREEN GOODS FAKIRS.
AMENDMENT TO INTERSTATE COM
MENCE LAW WANTED.
Xaggraled by the Fourth Assistant
Postmaster General—Muck other
Leglslaflua la I raed—There Were
13.142 Appointments of Postmas
ters During Last Fiscal Vest-Ef
fort to Suppress Pus to HI res Con
ducted (nr Private Henellt.
Washington. Nov. S> —Fourth Assistant
Postmaster General. John L. Bristow, tn
his annual rtiwi recommends an amend
ment to the Interstate commerce law pro
hibiting telegraph and express companies
or their employes from aiding or abet
ting In the green goods or lottery swindles
or any other scheme carried on partly by
mall and partly by common carrier and in
violation of the postal laws Other legis
lation urged Is as follows
Authorising postoffira inspectors to tike
out search warrants whenever necessary,
payment of Incidental expenses lncurrel
by local officers or others In the arrest de
tention, and keeping of prisoners violat
ing pomal laws until transferred to tha
United States marshal's custody, con
struction of inspectors lookout towers In
pen offices when-ver deemed necessary hy
tha poet master goner* I and prohibition cf
loose pouching of circulars, calendars,
etc . oa-tng to small pieces of mall matter
frequently slipping tn large unsealed en
vnk-pex In tianxlt.
There sraro 16,141 appointment* of posl
maaters made during the past fiwwl yeai.
14.435 being of the fourth clast, and W 7
being prwakfenttal. an Increase of 63* In
all over loot year There also has been
n Increase In tha number of resignations,
especially of fourth class postmaster*
Fewer renxnuis for Irregularities were
made than last year.
A vigorous efTort has been made to sup
press prat (offices conducted throughout
ths country for the sole benefit of some
corporation, fiuraery company, patent
medicine firm or other private institution,
who#* operations deprive the government
of lta legit,mate revenues. The company
or oorporatlon usually has come one con
nected with it appointed postmaster, on.l
tl.us gets the advantage of the ran,rails -
t|one or the salary end allowances of the
postmaster These inmittillons sometimes
have derived thousands of dollars of rev
enue from the government, which virtually
amounted to a commission or discount on
their postal business.
A Gf.YTLEg AY FROM JAPAN.
He la In Desaferl to See About Bay.
Ing Phosphate Rock.
Beaufort. ft C. Nov ft-Mr, S Y
Mori, of Tokto Japan, la a guest at Ihe
Sea Island Hotel. He is president of a
large phosphate Industry near Toklo. Mr
Mori has been In America about ten days
He came bore to negnstate the purchase
of a large amount of plioaphat* rock
He eays Japan Is becoming largely in
terested In the manufacture nf fertiliser
from American phosphate, and that the
manufactured product Is consumed bv
the farmers of hie country, and exported
to lees enterprising section# of the Orient
He la much pleased with America and will
return home via San Pranclaeo He has
visited the several plants In operation here
and expressed a lively tntereet In tha Im
proved methods employed in the handling
and preparation of the product for the
market.
RROIOHT BACK TEN DEER.
A Party of Soreessfal Hunters Just
Returned From tliuhse.
The second deer hunting party of the
season returned late Saturday night from
Oiaahgw Island, having kUisJ thlrtean
deer, ten of wtilch they brought with
them. The other three were eatfn while
the hunt lasted. The party waa under
the experienced guidance of Mr. Oeorgo
M Willett of Isle of Hope. Itself a guar
antee of a successful hunt, and consisted
of Messrs. C. S Cary. R A. oreaves. J.
F. Buckner and C 6 Cary. Jr.. Dr. C.
S Jernlgan. Mrs C S. Cary and Mlsa
Mary Cary, all of Sparta, and Messrs L.
B Larlscy. Frank Armstrong. Henrjr
Monaghan and W. S Winn of Ravanna t.
The party went down Monday morning
on Mr Monaghan’s launch, Hetty, and
left the Island Saturday night, though not
all of the crowd returned, the Sparta
contingent having staid over for a few
days to ahoot duck* and to fish.
In the deer shooting Mr. Winn osrrted
ofT the honors for the party by getting
four Mr Buckner came next with three
to his credit i
RKIYYER'R MORIIIRLK CRIME).
Forced Woman to Drink < arbollo
Add and Drank It Himself.
Easton. Pa., Nov 25 -Mrs. Trsncaa
Milt ford, whom Nelson Skinner of Mid
dletown. Md . attempted to murder In
Easton Thursday morning by forcing car
bolic acid down her throat, died to-day
After forcing Mrs Mlltford to swallow
carbollo acid. Skinner drank a quantity
of the acid and died shortly afterward
Skinner aa Mrs. Mlltford# stepbrother.
Two Shot by a Burglar.
Cleveland, O .Nov. ft—At an early hour
this morning e burglar entered the house
of Jacob Ooldman on WoodUwn avenue,
aoldman a eon grappled with the robber
and waa shot through tha law. Mr*
Ooldman was also shot. In tha breast
The former may die. Tha burglar es
caped.
Dernmpnerd llndlee Found.
Peru. Ind . Nov ft-The decomposed
bodies of Jerry and Patrick Holland,
brothers, aged i end 54 year* respective
|y. were found In their house to-day. No
marka of violence were found, and as tha
men. when last seen eight or ten days
ago. were drinking. K la believed they
were drugged.
Combine of Cement Mill*.
Louisville. Nov. ft—'The Courier-Journal
to-morrow wilt say that the fourteen ce
ment mills located tn the vicinity of this
city end Jeffersonville. Ind.. which sup
ply the greater part of tha United itlatee.
have In contemplation tha formation of
a combine.
McKinley Rack In Waabtnwtisn.
Washington, Nov. ft—President McKin
ley. the member# of the cabinet ami Bc
-retary nor tel you. who attended the Union
League banquet In Philadelphia last nlgbt
returned to Washington at 7JO o clock title
morning -
NEW YORK'* ODD RE3TAIRANTS.
Beef Bleak Dungeon* the Newest
Thing la Entlna Houses.
From the New- York Sun.
While New Yorkers are confirms,! diners
out, and there ure more restaurant* In
town in proportion to population than In
Shy other city tn the world, there la a
surprising lack of charm or novelty In the
arrangements of the average dining
place. Avery few are modeled on a naw
plan or In Imitation of soma foreign res
taurant, and these are tnvartably widely
advertised and well patronised, but the
usual type teems to be either the staid
severity of the fashionable hotel dining
from or celluloid palm garden or else the
glittering mirror-lined walls of Ihe Broad
way chop houses Few of ihs popular
place* have specialties of any particular
siri The one restaurateur who used t,.
be famous for his servlet of fish ha*
ceased to cater to public trade, and the
sameness of the menu* at the hotels is
marked
So the average New Yorker goes proses
lug about for something new, and when
he find* a Hungarian dinner In a cellar
or a beefsteak dinner on s roof he give*
lit his generous favor and spreads It* fam
far and wddc The French and Italian eat
Ing placea scattered so plentifully
throughout the city are filled each night
not so much owing to the excellence of
the vlsnds ax to the informality of ar
rangement that gives a certain picture
etqurneas to them all
Despite tha American reputation for
originality and clever butlneea instinct*
Americans fell to hava any place that
even compare* faintly with the English
lr.ns that have been immortalised In books
and play*, nor have they anything like
th* latter-day Richmond dinner*, whir!:
are still such a feature of holiday life
with Londoners, where fashion eongre
rstaa Informally, and wrier* ths fare and
company continue to uv-re*** in quality
ill le true that attempts are made now
end then toward establishing place* of the
sort, but thsy dateilorat# to the common
place vary soon or ar* abandoned
Several years ago one restaurant deco
rated Its room* with college colors and
with the emblem* of tha different sport*
and this feature made the place Immense-,
ly popular for a time, especially with the
college contingent Now there are so
many of these decorations In restaurants
that ihey have grown tiresome
to look upon Another down
town place adopted the fig
ure of a cat as a symbol, using It on
dishes and bills of fare and on the walla
of th# dining-room In Imitation of e fa
moil* Perl* eating place, and this grew
to be a popular resort with th* Bohemian
element
The music of gypsy band* ha* made
several Hungarian reeorts well known to
those who are not particular *s lo what
they eat so long as they hear good music
during the repast With the growth of
♦ho new gttody chophouse the old fash
ioned chophouwe has almost completely
disappeared and In place of the solid
woods and good paintings that used to be
the pride of the proprietor of the oM-tlme
place*, there 1* to-,lay cheap effort at
dlxplay.
One of the newest departures In the
way of restaurants Is the beefsteak dun
geon. which I* a |>art of several of the
up-to-date eating places. The Idea orgl
ntted a few year* ago with a restau
rateur. who opened on* of these place*
with rickety boxes and kegs as table*,
few dishes and a general absence of or.
namentatton. Absolute simplicity wss the
rule, and Ihe servant was summoned by
in old rusty row hell suspended from the
celling Reeftteak. bread and butter and
sic and beer were the on!y (s-e *ervd
They were all of excellent quality and
the place became a great resort tot sight
seers and was engaged for many supp-w
parties.
A Fifth avenue restaurant keeper In
troduced a decided novelty In the person
of an Indian cook, who preparew and
serves curried dishes In a chafing-dish
Th* man wears hts native turban of silk
and a suit of spotless linen and hi* cook
ing Is aa faultless ss his manner of serv
ing. ll* was employed In th* same ca
pacity In a London hotel before coming
to New York and served all the foreign
notabilities. There probably he acquired
hla manner of walling, which la the very
Ideal of correct service.
Another novelty In the was of restau
rants Is found In Ihe basement of an up
town residence, which has been turned
Into an old-fashioned living-room with
broad settee* covered with flowered cro
ton The tables and seats. Including two
roomy old rockers, ore placed Irregular
ly, ar.d there are u*o enormous fireplaces
where log* are kept burning, filling the
room with the peculiar fragrance of burn
ing pin*. The cook is a Southern mammy.
lypiAil In appearance and In cooking, and
Johnny cake and corn fritter* are fea
tures of th* Southern dinner, which i
served here with home-made preserves
and othsr good things
Rorodom of Couibuilla and Hl* Wove.
From the New York World
Tho unhapplest king In Ihe world Is
King Norodom of Cambodia
Cambodia, of course, sounds Ilka a comic
opera country. Nevertheless It exists, ond
If you look at your maps of the East you
will find It It Is at tree sent a colony of
Ft a nee, and. a* may be seen from the
frequent report* (rom th* Congo region.
Intareatlng things sometimes happen In
; the French colonies.
I Norodom la. therefore, no longer a king
\ at all. but. unfortunately, cannot get used
to being treated as If he were hla own
most criminal subject
There ware certain differences of opin
ion lately between the King and M de
I Vernevll)*, chief of the French adminis
tration. M. D. Vernevllle, by virtue of hie
more recently conferred authority, eaw
lit to enforo* Ms views and subordinate
those of th* King.
Accordingly this poor old ex-sovereign,
who Is 7 year* old. feeble, amiable and
harmless, wa* subjected to the. following
incredibly brutal treatment:
The native premier. Oum. wet directed
to supervise th* King's punishment aa th*
ft ret step toward Norodom* humiliation.
This unrrateful brute directed (hat hla
old master be put In Irons Thla would
stem to be sufficient Indignity for a man
who had ones *at on a throne, but Oum.
who had. It appears, a score or two of
hla own to settle, thought differently. He
next had Hi* King chglne.l to the wall*
of the palace and had the torture kept
up aa long gs suited his pleasure
When the old King wee released, he
wa* In a fainting condition nod was re
vived with grass dtfflcuMy.
Meanwhile hla son and heir, Inkanthor.
la In vain axpoetuletlng with Ihe French
authorttle* while he himself remain* p*n
nlieae In Brussels. He will be obliged.
It 4s ft Id. to pawn hi* Cambodian crown
jewel* in order to pay hi* board bill. Ail,
Europe la dlscuaetnsr and oomnmulng on,
(I'ranct'a raapotialbtllty. J
THE NATIONAL BANKS.
(Continual from Flril I’M* )
a* a cash resource a depewtt tn another
national honk, called it* reserve agent. •
‘>n* of Unai imponanoa anti Involve* tha
niom fundaments! principle* of *f hank
ing Thn extent to which th# reserve of
onr hank can nafrly be represented hy
wh.n It practically a loan to another
hank. Instead of hy cash n Its vault* la
u proper subject for consideration m this
ilnv tn view of tha financial experiences
through which thla country haa partied
during the pant few year*.
In lime* of financial cri*ia. such aa UCtt.
a hrn there are wt lete-presd withdrawal*
In currency, not only In reserve nttes. hut
throughout ihe country, the reserve cities
are subjected too strain which eivlsngers
th* stability of the entire hanking system.
The reserve hank*, as a rule, recognta
Ing: the Instability of l.nk twalance*. must
lean .1 11rge proportion of their money on
cal! To reoure sufficient cgll losns thr>
must go to the ppt'oulalive exchanges
a.ml the Injuilotm results of that practice
are easily understood.
It Is only hv loaning money on eoeeu
lgtlve securities that the banks are en
abled to pay the high rates of interest
on hank deiMtrlt lalanres which form the
attration to the country tvinke for the
d*>os!t of eo much larger a portion *f
tiielr fund** In New' York than is needed
(or the cienranee of exchani** 1 tut tug
the summer of there occurred a mark
ed demonstration of the evil affords of
this practice upon the legitimate hutNne*#
of the country At that ttme there wms
a marked in the ilemand for
mney in the Interior of the country, and
1 lie hanks of that section found It difficult
to safely loan tiieir fundi* Asa result
the interest p*ld hy Fasten) reserve
•\gents upon deposit haUnreß attracted an
immense surplus to New York ami other
Eastern cltl* a
This redundancy of money in New* Yo-k
•ml the Bast and the en*e with whl< h
loans upon speculative collaterals sera
there obtained Immediately rrestel a
speculative movement in stocks, which
was carried on with a mnstantlv rtdng
range of prices until the fall of last year.
At that time the crop movement in the
West and the rising rate of interest the s
leil the hanks of the Interior to draw upon
their balancr* in New York end to order
the shipment of large amount* of cur
rency as against these balance* It la
to le noted that at the time thew* de*
nvtnds took place the hutne* of *ho
country was in a prstpcrsuß condition
with a tendency toward an lnc.reg*e *n
general prices snd In the of labor
There was no lack of confidence In ih*‘
country ami nothing Which indrtfel
panic conditions, and yet this demand hv
the hanks of the We.t for tht shipment
of currency on with reserve agents
resulted in a panic tiron the (Nock K*-
rhange of New Yoik which Instantly bw
i*arne a grave menaoo to the entire busi
ness of Ihe country
In the panic of !• the New York honks
refused to ship currency In response to
demand fr*m Iwnks In the interior for a
on elder aMe time ehowrtng !n the extreme
test nf panic that the reserve which had
s een counted as cash by the hanke of the
ountry wo* not, in fact, at oil times
tivaliable to enable them to meet the
demands of their depositors While re
strictions placed up*** the power of banks
to count a* hanking reserve so large a
portion of money on deposit In reserve
■ltles will not have the effrr*! of prevent
ing speculative transactions in money cen
ters. It will not have a tendency to en
courage them to so great an extent xs
doe* the present law. at a risk tit time*
;o the best Interests of legitimate busi
ness and at the co* of weakening the
tanking system ae • bole by creating
oo great a dispr on between the
•ggregato cash resources ond aggregate
deposit llahllttlew
It Is to he remembered that so far xs
the .thility of the banks to serve ths pub
lic ip concerned it will not be materially
impaired by smaller balances in reserve
citiep The hanks, of necessity, must
furnish exchange, and will accordingly
keep rhe balance with correspondents nec
essary for such purpose The permission
given by the law to the hank to count as
a part of their cash reserve n balance
with thetr reserve agent is primarily for
the purpose of convenience nd profit f*w
the bunks, and not for the convenience of
the public In -my of its relations to the
blink
The controller believes that under the
present law regarding reserve cities too
great ImMude 1* now riven the banks In
connection with the use of the reserve,
the primary object of which Is the protec
tion of the deposltor* of Ihe hanks, and
he recommend* that amendments to the
laws he parsed requiring lhat a larr*r
proportion of the reserve should be kept
in casein the vaults of the hank
Fees for flunk l.tnmtniuinni,
The controller repeat* the recommenda
tion made hv his prortn emors that the
present mw should be to amended • to
provide fixed salaries for honk examiners,
to he paid from a fund collected from the
banks, to take the place of the fee sys
tem now In force. The amount allowed
an examiner for ths examination of small
er banka la not sufficient to compensate
him for the time necessary in many cases
for an extended examination The pres
eni system encourages, to too great an
extent, superficiality tn examlnat|s>ns, and
Interfere* graatly with lha proper and
wise apportionment of tlmo of examiners
among the different banks.
Among other recommend*tlons the con
troller strongly urges laws regulating In
ternational and Intercolonial hanking as
distinguished from domestic banking end
prints In an appendix the result of inves
tigations into banking conditions In Porto
Rico. Hawaii and ihe Philippines
THE%I*I HER OF THUIPV I**lo*.
Chicago Judge Interferes Hllli Ills
Third Tour of the \%orld.
From ha New York Tlmea
Chicago. Nov 72 —A tired-looking man
told Juatica Callahan In tha South Chica
go Police Court ihia morning that ha an-
Joyod ths honor of botng treasurer of the
Tramps' T*n!on of America. He was
found snugly curled up in a corner of a
freight car attached to a train about to
<k part for tha East. When taken to the
police station ho gave his name as Na
thaniel Goodwin.
"I hava been around lha world twlcs.
and was about to leave for New York
to begin my third globe trot when mv
plans were interfered with." he explained.
"Judge. X am treasurer of tha Tramps*
Pnton of America, and I acted as sacra
tarv of the Ho ho Convention, held at
Hrltt. low 4. last August After the meet
ing hrMce up I "trolled eoutnward and |
visited my old frlands in Texas. Then I
steered for New orlagn* and Florida, hut
It was too hot down theta, so I cams
North. I arrived in Chicago several days
ago. and decided to take another Journey
•round the world."
*'Po you ever work*"
"Not that 1 remember. It ain't neces
sary to work Of course, tf a fellow pre
fers It. if ha gets the habit and can t
break off. than I suppose he simply has
to give way to his inclinations."
Ho was sent to Jail on a fifty-dollar
fine.
—A factory for liquid sir Is being erect
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purposes.
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THE WEATHER.
Forecast foe Monday and Tuesday—
Oeorgla: Oenerally fair weather Mon
day, probably preceded by rain In Ihe
morning In the extreme eoxirrit port ton;
much colder In eastern portion; froata
Monday night, probably heavy, except in
extreme southern portion. Tuesday fair;
high west to northwest winds Monday.
Eastern Florida Kaln Monday, ex*
ept In extreme •* inh*rn t in i ,
frosts Mom’sy night In northern and
central portion*. Tuesday fair; frewh to
brisk west to northwest winds.
Western Florida; Fair and cool Mon
day and Tueuday; fresh northerly winds
fiotiih Carolina Kaln. in *hj h ,<,!,i. i
Monday; heavy rroels Monday night In
the Interior with temperature close to
freeslng. Tuesday fair and cold: south
erly winds shifting to northwesterly and
continuing high
Yesterday’s Weather at Bvvannah—
Maximum temperature 1 *> pm .75degrees
Minimum temperature *p. m Mdegrees
Mean temperature S8 degrees
Normal temperaSur* M degree*
Excess of temperature 14 degrees
Accumulated excess since Nov.
7 ■ ••• Wdegrees
Accumulated excess since Jan
1 291 degrees
Rainfall f inch
Normal .(* inch
Excess etnea Nov. 1 I.W inch
Deficiency since Jan. 1 g.7g inch
River Report—The hlght of the Savan
nah river at Augusta at 9 a m (75th me
ridian time) yesterday waa 7.2 feet, no
change during tha preceding twenty-four
hours.
Observation taken at the same moment
of time at all etatlons. Nov. ft i*>. g p,
m . 75th meridian time:
Name of - Malian. | T ~v~" Rain
Boston, reining T.",T.| 'a* lii so
New York clly. raining... 44 an | .42
Philadelphia, raining ....! 49 14 | 12
Washington city, cloudy 54 I, 1 04
Norfolk, cloudy 68 Zi x
Wilmington, reining 72 14 f .01
Chariot ta. raining 80 in j t
Raleigh, cloudy M u < .01
Charleston, raining | 72 24 21
Atlanta, cloudy 39 j 2) j.*|
Augusta, cloudy 51 24 |t
Savannah, cloudy ........ *1 jt i ,qg
Jacksonville, cloudy *4 | lj .04
Jupiter, ptly cldy | 74 ' 9 j .0)
Key West, clear ' 74 L j .05
Tampa, raining 94 [ If j .14
Mobile, cloudy 46 j is j .<0
Montgomery, cloudy 44 14 T
Vicksburg, Cloudy 42 1 Jl
New Orleans cloudy ....: 44 J ft j ~
Galveston, clear 54 j 19 j (*)
Corpus Chrlatl. clear 99 i 8 | .0)
Palestine, clear 48 1 g ,01
Memphis, cloudy 42 19 { ,rg
Cincinnati, raining S>, i :t j ft
Pltt*burg. raining 49 : L |ft
Buffalo, snowing 12 24 , .jj
Detroit, cloudy *4 23 j ,<t|
Chicaao. ptly eioy t ; y> .01
Marquette, clear j 3D I T
St. I*aul. cloudy ; 22 8 ; .00
Davenport, clear ; 32 | L .<*)
Bt. Units, clear 39 | 11 .10
Kanes* City, clear m ) L 1 0.
Oklahoma, ptly cldy | 40 Ca tn <0
Dodge City, ptly eldy,...i 42 | 8 .0.
North Platte, clear | 34 | L .00
IlTT~Boyer.
Local Forecast off! tal
—lt has been decided by the United
States Court of Appeals that the ordi
nary predictions of the Weather Bureau
era not trustworthy and that men are
not bound to consider them. The master
of a ship unloaded hi* cargo of rice at
Charleston, putting It on an uncovered
wharf, where M wo* spoiled by rain,
which had been predicted by the Weath
er Bureau Litigation followed aa to
payment and a lower court found against
tha son captain. Hs appealed, with the
result bated above.
WORLD’* GREAT FIRES.
Disasters Mncr laindon’e reagaara*
tlitiß—t r.lfed Slades Record.
From Ihe New York Pant
I! C. Crosby, lete president of tho Na
-1 tlonal Fire Protection Association, has
1 umpired a very Inlet eat Ing Hat of the
world’s goat (lies In deacrlbtng soma of
the most Important disasters, he says:
london mo* nearly destroyed by firs In
79*; ax <ln In 9'2 1212 and 19*6 Tha loiter
fire I* known lit history aa tho "Great
Klrr." It tainted over a territory of 4M
urr< Ineludlng SKI streets. 19,100 buildings,
.md property value upward of l6.titoo.flßD
was destroyed. Edinburgh was nearly de
atroyeil by firo In 1790 Lisbon waa burned
.vac dsalroyed by Are tn
lift and again tn 1577 Berlin was de
stroy,'! In !<• Hern* In 1431. and again
In ltPv. Hamburg wa* nearly destroyed by
fire In 1542 , 4.21!) buildings were burned,
and 100 people lost their live*, property
value destroyed, 1K.000,000 Copenhagen
Man hunted In 1729. I.imO houses destroyed:
■gain In lift and 1.M3 houses burned.
Stockholm In 1751. with I.UOO houses de
stroyed. Moscow In 1752. visited by a large
fire; H.uui houses dsiroysd. Again In 1112.
this time the firs set by Russians In order
In prevent the French occupation of the
city, 39110 U baines were destroyed, and
ovr llau.otu of value.
conatut.tlnop.s has been the wsm of nu.
mcroua and costly fires. In 172* a greet
fire destroyed 12,090 buildings and nearly
<l*lo peupla. In I<s> another great fire last
ed live duvs; again In January. 1750, 10.09*
building* destroyed In April, tn* asms
year, another firs, with 115.000.000 of prop
er I v destroyed Aga.n. later In tha year,
a fire (lcs!toyed pi.un houses. In 171f. 15.-
■ftO houses Men- deatroved and 100 lives
lost In 1752. lai*o houses were burned; tn
1791. between March and July, serious Are*
destroyed 3..nt0 houses, and noarly tho
earn# number wore destroyed again tn 1799.
In 181* house* and 2.000 shops wars
destroyed In 1970 Psra. a suburb of Con
slanUnopL-. was nearly destroyed. 7.000
buildings and over Ift.'Jtyi.flOO property
i V ~ncl
, Wr, st firs* In 1793 snl
1941, destroying from 2.(0) to U.COO build
ings at each firs. Orest Area have oc
curred in India. China, and Japan; In
many cases large cities wsra entirely de
stroyed. Qua bar in 1945; 1.950 building were
destroyed and theeamc number InMay and
June following; and In 19S* 3 500 buildings
and 17 churches were destroyed, fit. John.
N 1!. 1837; nearly all the business portion
was destroyed. In 1977 tha ' greai fire.”
over 2U) acres burned, and ten mil** of
street, about $13.*.000 of property value
fit. John* Newfoundland, in I*4o. waa
nearly destroyed, and iso.onn.ono of prop
< rty value burned, again a big firs In
1834 Montreal. In 1950. had a grawr fire;
building* destroyed. In 1152 about 1.390
buildings were destroyed., Various cltla*
In South America and West Ind.as hgvo
been destroyed by fire; In mm rasaa
property value* of 530,000.000 and upward
were destroyed; a large loss of Ufa re
sulted also
The United Htate* has a record of de
stru tlon of property by fire not equalled
by any other country Charlestown, Mss*..
In 17*,. ii*. In 1535. 1.158 building. Sa
vannah. tie.. In 18ft 4>3 building* and
ll.onriioo value. New York. In ISIS. 50)
building*. 52 acres burned over and ItV
(*■1.000 of two perl) destroyed; in 1045 0)9
acre* burned ovar. *7 SUD.OW) value, ft Uvo*
lust Pittsburg Pa .tn 1545. 100 buildings;
jjnmnut property value fit. Louie Me
In 1819 1.7 building*; 22 000.009 value; In
1871 * asm building destroyed. Phlla4H.
phi*. Pa., tn 153n I0 an tiding*. Ban Fran
cieco. tn 1991 2.8C0 building* and a num
ber of live* lost, property vatu*. tl&Mß
one Portland. Me. In 188*. ovar one-half
the city; vw acres burned over and 1.141
building* destroyed. Chicago, la lift,
known a* th* "Oreat Fire.” 2.124 acre*,
nearly covered by buildings, entirely burn
ed over, Including 17.430 b illdlnt*; many
live* were bt and property valua of up
ward of *1(10.000.(09 wa* destroyed. Bea
ton. Ma* . In 1970. ft acre* of mercantM*
section burned Including 779 building*!
nearly all of brick a rut -ton# ertnelrowitOßl
property value. 275.009.000, ,
5