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n CLINCH COUNTY NEWS voi. m. BIG FIRM FAILS FOR MILLIONS - Price, McCormick & Co., at New York, Go to the Wall. LIABILITIES REACH $13,090,00(1 Had Extended Wire Service and Controlled Much Southern Stock Business. Trice, McCormick A Co., one of the largest brokerage houses in New York city, failed Thursday with liabilities estimated at $13,000,000. The firm is a member of the Stock, Cotton and I roduce Exchanges and of the Chicago Stock Exchange, and has branch offices iu about thirty cities throughout the United States. The failure is ascribed to this fact that the firm was long on cotton iu the face of a fast falling market. A notice on the doors of the offices of the enm pany referred all inquiries to William J. Curtis and William X. Cromwell, nssiguees. Mr. Cromwell saul late Tliursday afternoon that it was impos¬ sible to make any statement at that hour concerning the conditiou of the firm; that its business is very extended and covers several branch agencies. The total liabilities, he said, are about $13,000,000, nearly all of which u as secured. He added that a statement would be submitted to the creditors at tho earliest possible date. The firm is composed of Theodore H. Price, William G. McCormick, R. (r M. Stewart-Wortley and Walter W. Price, with George Crocker, of Sun Francisco, a special partner on on in vestment of $.>.('00,000. Mr. MoGor mick is of the well known Chicago family of agricultural implement fame, and Mr. Stewart-Wortley is a sou iu law of Lear Admiral Schley. 1 lie firm wu9 organized January 2, 1871. Following the announcement of the failure the eottou market became stiicken, and broke 10 to 13 points. 9 he extent of decline from the highest price when the hull movement eulmi nated h® 9 been 122 points. Later iu tho day the market became more quiet ami recovered from the depression. Assignees William J. Curtis and William Nelsou Cromwell made the followiug announcement regarding the f^iiuge: “To the Creditors of Price, McCor jnick k Oo.: Price, McCormick & Co have been compelled to temp rarily suspend payment. We ask and advise that creditors holding the stocks, boBds and other collateral to loans and already well margined, ho'd the loans until seasonable opportunity be offered the assignees to deal wiili the same, that unnecessary losses thereby may be avoided/’ Price, McCormick k Co. Ln>l an extended wire service, ami at times were credited as doing fully as largo a business as any firm on the exchange, Much of the business of the firm w as in the cotton exchange at first, and its senior member and organizer was formerly of the firm of Hnbbard, Price & Co. At that time the older firm had a large southern business. The present firm controlled much of the southern stock business, and has been very act¬ ive at times in stocks favored by linos south¬ ern operators, ulthongh its of trade Lave been far less in volume than its regular commission business obtained through its wire service to outside cities. Price, McCormick A Co. have sev¬ eral branches in New England. A. W. Hogin, of Hogin & Co., Memphis, Tenn., correspondents cf Price, Mc¬ Cormick & Co., said (hat his firm would lose but little by reason of the failure. Quite a stir was cansed in cotton circles iu Waco, Texas, when the fail¬ ure was announced. A member of the firm operating on the cotton exchange, and . who . . . know, is in a position to says that no one on the leased wire in Texas was caught by the failure. It is estimated that the losses in San Francisco in cotton and stock through the failure of Price, McCor¬ mick & Co. will be close to the half million point. LAST OF THE DUELISTS, Captain I’ag« McCarty Passes Away at Richmond, Va. Captain Poge McCarty, the cele brated editor and dnelist, died Iridoy evening at the retreat for the sick in Richmond, \a., after many days ill ne88 - C'aptain Page McCarty duelists. was the last of the famous southern He was in May, 1873, one of the princi pals in an affair that was romantic as well as fatal. He killed John Mor deeai, a prominent lawyer, and was himself terribly wounded. The lady who was at that time the belle of the south was the innocent oause of this duel. TtLO OfElolal Organ of Ollnoli County. STEVENS' LITE THREATENED. Governor of Missouri Says Law¬ lessness riust Be Stopped at all Hazzarils. 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 coutro versy seeming willing to advance any ^position to end it. I he Transit Company has resumed service ou nearly all of its lines. Non union men continue to come in from other cities, and as they arrive the company puts them to work. Word \v#i received from Cleveland that forty two ex-employes of the Big Consolidated street ear 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 had been expected there would Different trades and labor organ . showing their sympathy izatmny arc witb the strikers by contributing to their support and passing rules fining members for riding on the street cars. Union labor has brought 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 bo asked to instruct their representatives to oppose the passage of the World's Fair appropria lion hill unless the St. Lonis Transit company settles the strike satisfacto rily to its former employes. Since *he strike began 200 arrests of persons alleged to have violated the law in its connection have been made, 25 warrants have been issued, ten iudict rneuts reported by the grand jury and the remainder of the cases have been taken to the police and United States court*, 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 tho Governor said: “I alu satisfied that the trouble along the street car lines aud the whole spirit of anarchy which is pre¬ vailing in the city of St. Louis at present is being fomented and extend ed by the machinations of a certain co tcrie of Dcmociatic politicians who hope by their course to in some man tier make gains; in the approaching j arty primaries. This element is sc 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 meets that I have received mauy !et tors threatening my life should J con tinue to do my duty aud provide offi j cers to keep the peace. < t I desire to say further that if as ! governor of Missouri with all the power vested in that office I oauuot-put a u end to the disgraceful condition that has prevailed iu St. Louis I shall i employ every iota of that power, “Theriot and disorder of every mi ; awful kind mast cease." A statement compiled Thursday shows that since the strike began three persons have been sho* and killed, 15 wounded by lullots aud 13 otherwise injured. \ .M RS, DAY IS DECLINES, Cannot He will, Confe<l<<r»te Veterans 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 yon, great as it would be to j me. However, the date set for it has given me comfort, in the assur : anee it conveys 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 in a] , eventg j Ben(1 loving Hympatb y, aD1 , our tw0 childreD wilJ be 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, plus. V. Jbfteson Davis. “THERE ARE OTHERS.” Official Just From Cuba Kays Customs Service I* luvoiycd. 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 i that will probably shake every depart me ut under military rule in the island, Now comes the direct information from an official of the customs serviee, ! w ho has just returned to Washington from Havana, that the enstoms service j n the island is honeyoombed with f ra u<l of the most flagrant kind and tba t the peculations of high officials in this department will eclipse those by j the Rathborne, Neely, Reeves gang. liOMEItVILLB. GA.. FRIDAY. .IIJNE 1. 1900. BRITISH ARMY UNITED General Hamilton’s Forces Join Those of Lord Roberts, A RAPID ADVANCE IS BEING MADE Burglier# Destroy Bridges oil the Retreat Across,Vaal River— if heir Movements Mysterious. A London special says: Tho latest intelligence from Lord Roberts’ head¬ quarters at Vredefort station, filoo Thursday at 5:45 p. m., was that the British were rapidly advancing. Gen eral Hamilton had offeeted a junction with Lord Boberts. The country ii from of them was dear of Boors to Yil joen’s drift. The Boers were evacuat ing all their positions south of the Vaal river and 5,000had already cross¬ ed to the north bank. Probably Gen eral French’s cavalry is already recon noitering the fords of the Vaal, War office observers expect that the next dispatch from the field marshal will be dated iu sight of tfio Trans¬ vaal frontier. Mr. Bennett Burleigh, wiring to the Daily Telegraph from Vredefort Thurs¬ day morning, said Lord Roberts would doubtless cross tho Vaal river Satur¬ day or Sunday. The British outposts were then at Erste Goluk, uiue miles north of Vredefort and twenty-six miles south of the Vaal river. The railway is much damaged. While the British in over¬ whelming force are approaching tin Transvaal the movement of the Boers are enveloped iu mystery. The last Pretoria news to reach Lonrenzo Marques was a week old. Everybody seeking to cross tho Portuguese bor¬ der from the Trauvaal 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. Beekets’ firm was giving one pound in gold for five pounds in paper. Krouz and Klinke, the engineers who oppos ed the blowing up of the mines, been dismissed. Commandant Schulte had been appointed to defend Johan¬ nesburg, ami all the British subjects had been turned out. The Transv.ral ers fear that tho British will blow up the bridge at Komati poort, thus cut¬ ting off their supplies from Delagoa, and a commando of'500 is guarding the bridge. It is reasserted that President Kru¬ ger will retire to Lydenburg fighting is imminent at and Pretoria. Oonoeru is at Pretoria with reforenco to ttie sibility that General Carrington eomo down from Rhodesia with men to co-operate with as many entering tho Transvaal by way Mafeking. Horse sickness is raid have broken out among Genoral rington’s brigade. Cecil Rhodes is at Bier, East Africa. Mr. Fuller, a of the Capo parliament, who is posed to ho a confidant of Mr. Rhodes, said iu the course of a speech at Town Wednesday, when proposing health of Mr. Rhodes, that the “was working to consolidate Africa from the Zambesi .to Bay.” Major Baden-Powell declines to act on the suggestions of his friends that he should return to England for rest. He is determined to retain his command at the front. Advices from Mafeking dated May 2 )th, say: “The Boers are intrenching at 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 gave up fifty-three Boers and wounded to the Boer commandant, who thanked him for his kindness.” The Barantongs, stimulated by British success, attacked the natives at Belfonteiri May 19th, took much loot. They released Haui, the old chief, who rendered good vice to the British in keeping with news of the Boer operations. MOB ATTACKS CAR. St. LonU Policemen Fit® Into » Crowd and Volley In Returned. A car on the Jefferson avenue lino 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 tho 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 producing an ugly wound. It is known who fired the shot. It rumored that two men in the werfi shot, but they coaid not be by the police. 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: Quito a lively debate occurred iu the house Wednesday over the extradition bill. The bill reported was general in its terms. It was intended to meet the case of Neely, who stole the 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 tho country. Why tho 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 our 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 tho Morrill resolu¬ tion, offered some years ago, on this subject, and they will recollect some other attempts. Why the necessity of this legislation? It is because this government has not lived up to its an¬ cient policies and traditions. It is be¬ cause this government is not observing the constitution with that strict regard that the futhers regarded it. It is be¬ cause this government has not lived up to its pledges with made Spain, in namely the declara¬ that tion of war Cuba should be free. Mr. Fleming, of Georgia, also made a speech iu favor the Democratic position. The blind chaplain iu his invocation rather startled the house by referring to the Cuban frauds, which, he said, brought the blush of shame to the cheek of every true Amertean. “Wo pray,” he continued, ’’that the culprit will be brought to speedy jus¬ tice, that we may iu dealing give an object with perfidy lesson to the world and fraud.” The house also adopted the resolu¬ tion to allow the committeo on ways and means to ait during the recess of congress for the purpose of framing a bill for the reduction of tho war reven¬ ues and a resolution for a sine die ad¬ journment June 0th. Mr. Richardson declared emphati¬ cally that congress ought not to ad¬ journ until some provision had been made for the reduction of the war taxes. Tho report of tho secretary of the treasury showed that the surplus nt, the end of the fiscal year would be $90,000,000. The gentleman from New York might juggle figures, hut he could not get away from the fact that the secretary of tho treasury said there would be a vast surplus June 30th. Mr. Richardson said he was in favor of repealing the tax on beer. (Demo¬ cratic applause.) Mr. Undeiwood, of Alabama, and 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. “There wiil be no repeal of this law,” said he, “until William J. Bryan sends his first message from the white house.” The adjournment resolution was adopted without division. CONTltOVKRSY IN THIS BKNATK, Wednesday was a day of rasping po¬ litical controversy aud 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 bus resolution demanding an inves¬ tigation of financial affairs in Cuba. The speech of Mr. Spooner was a continuation of hjs address on the Philippine question. }n heated its course he became involved in a 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. 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 home. 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 thorn to live in a tropioal cli¬ mate, they feel that the United States government, like other governments, under similar conditions, should pay additional stipends. So far as the officers of high rank are cocerned, it should be pointed out that General Wood occupies only a small portion of the palace for residential purposes, the rest of the building be¬ ing utilized not only for divisional offices, but also for all the municipal offices. A number of employes have to be kept at General Wood’s expense —cleaners and helpers generally.—and he says that if he did not have some private resources to eke out his pay and his allowances, it would be next to impossible for him to live in the palace at all. Collector Bliss lives quietly in a single room at the Hotel Telegrafo, 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 in 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 Matanzas Bautn Clara, lives iu a house fur which he pays a small rental. Colonel Whit side, at Santiago, lives in a little wooden bungalow, formerly occupied by General Wood and leased from Mrs. Ramsden, wife of the former British consul. Major General Humphrey, Colonel Black, Scott, Captain Piloher and many officers live in buildings used by the government either as offices or police barracks. General Wood, when asked what he thought of such charges, re¬ plied that he considered charges of extravagance iu departments, except the postal, unfounded, adding that he believed no other department had any¬ thing to fear on that score and that all could endure lho closest investigation possible. A postal official who has been in the island more than a year says that when the Americans first came there were no records and no furniture even, that Spanish postmasters, the only ones who knew anything about it, could not be employed because of the cry “Cuba for Cubans,” that consequently the service had to he 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 present day. Oue feature that eunhled C. I 1 '. W. Neely to divert funds in a fashion exceedingly diffi¬ cult to detect was the custom of many postmasters to pay cash for all stamps taken from the department, while there was no rule for keeping books of account. As a result the inspectors had no way of ascertaining how many stamps had been sold, and the state¬ ment of Neely, if in collusion with the postmaster, would tally with the 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 miso. BACON MAY SERVE On Committee Which Will Oo to Calm to InveMtisrnte. A Washington dispatch says: It is very probable that Senator Bacon will be called on to serve as one of the members of the committeo to investi¬ gate the scandalB in Cuba. The Bacon resolutions provide that tho investiga¬ tion be conducted by the committee on relations with Cuba, but it is alto¬ gether likely that some changes will be made in tho personnel of the com¬ mittee in order to have the work done. Several of the Republicans on the com¬ mittee do not want to nerve. CONFEDERATE BATTLE FLAGS May lie Returned To Southern States Through Action of Congress. A special to The Chicago Times Herald from Washington says: “During the G. A. II. encampment in Chicago President McKinley may have the pleasure of returning to the southern- states tho 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 neoessary joint resolution before adjournment.” NO. 31. BRITONS INVADE THETRANSVAAL 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 Roberts wrote his first dispatch on Transvaal territory Sun¬ day, shortly before 2 o’clock in the afternoon, he was fifty-one miles from Johannesburg and seventy-seven from Pretoria. His immensely superior foroes had passed the Vaal river, their last great obstacle, at three points. The Vaal forms a curve of eighty miles from Pary’s on the west to Zand Drift on the east. Tho concave of tho curve is toward the Free State. Thus Lord Roberts, advancing along the railway, as in a position to strike any part of the crescent by shorter lines than those by which the Boers could re-enforce the threatened points. The Roers rotreated 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 came upon a Boer patrol looting at Viljoen's Drift and skirmish lasting ten minutes followed. Two huudred Boers tried feebly to hold the Veredoniging ool liery, but they were dislodged. Tbe Boer rear guard is at Meyerton, ton 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 guns are moving on Johannesburg, and Preto¬ ria, through a parched and deserted country, the situation at the Transvaal capital as it was last Friday, is thus described by an observer, who sent his message by private hand to Lonrenzo Marques Saturday: “The situation, both from a military and n political point of view, has be¬ come very critical. President Kruger Thurssday admitted that matters arc very grave. The Boer determination is to trust everything to a last stand on the Gats Rabd mountains, to the north of Potehefstroom, where 8,000 kaffirs are digging trenches. To that point every available man and gun have been sent. “Tho whole of the western border of the Transvaal from end to end is defenseless and General Baden-Powell can march in when he likes. Lord Roberts, on the other hand, will cu counter the greatest resistance. The Roer 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. The Transvaal government will not dare destroy the mines and property without an excuse. Much dynamite has been sent down tho line and 1(50,000 cases lie ready at Zunr foutein, near Johannesburg. “General Lonis Botha and General Lncas Meyer have pleaded for the preservation of property. Both are largo landed proprietors and fear con¬ fiscation, but they have not received satisfactory replies from President Kruger. “Meanwhile many French and Ger¬ man adventurers have eome forward with schemes and inventions for blow¬ ing up the British troops, Some of those have received a tacit permission to experiment. One German inven¬ tion is for use on a railway, where it lios perfectly concealed until the weight of a passing train explodes the charge. President Kruger’s proclamation to tho burghers asking their vote for and against continuing the war is under¬ stood to say that they oan quit now with the prospect of retaining their farms or continue to the bitter end. Rumors are current in Lord Roberts’ army that tho Boers intend to sur¬ render. FOUR BISHOPS CONSECRATED At Conference of Motli oil 1.1 fiplioopat Church In Chicago. By the laying on of the hands of twelve bishops and in the presence of 8,000 persons at the auditorium in Chicago four new bishops of the Meth¬ odist Bpisoopal church were conse¬ crated Sunday afternoon. The newly consecrated bishops are: David Hastings Moore, assigned to tho Shanghai district; John William Hamilton, assigned to San Fran¬ cisco district; Edwin Wallace Par? ker and Frank Wesley Ware, mis¬ sionary bishops, assigned to India and Mulnysia. The ceremonies were brief and simple.