. i u .
increase until the pressure for ready cash
was. .upon the old.
. rowers.
. forever. ~
, has happened except that they have
MONEY Samaria.
SPEGULITION CAUSES THE TROUBLE
Legitimate Business Does Not Pro-
duce Inflation of Credits and Con-
sequent Absorption—Plenty of
Money For Real Needs.
_ WASHINGTON, Dec. 27.—Mr. Rob- .
erts, the director of the mint, when asked g
as to whether the present monetary strin- i
gency in his opinion signified an actual ?
scarcity of money to meet the present re- I
quirements of trade, replied: - I
“No possible supply of money can pre— l
vent stock exchange panics or periods of !
monetary stringency, because speculation ’
and rising prices will absorb any possible
is just as great upon the new plane as it i
The cry' for more
money is as unappeasable as the demand ’
for more wealth. A new supply, instead g
of satisfying the demand, stimulates it. |
Men want money .to buy things with——,[
good things that they think are goingj
higher. Given easy money in the banks, i
and we have bankers encouraging bor-,
As -a 'result stocks go up, and!
as they go up many people want to buy, .
and so the demand for money increases. _
You cannot furnish money fast enough _
to. meet-the demand of all who would,
like to borrow while prices are going up.
the world together keep prices going up
“A marvelous era of increasing money
stocks began in 1850 and started a pe-
riod of speculation, which ended with a
grand worldwide Smash in ’ 1857, when
even the Bank of England had to sus‘g
pend payment, _withOut any decline in
production and with the mints every-
where open to both gold and silver. The
real secret of the reaction is speculation
on margins.
“These people who. are crying that
they have been forced to throw away
their property had never paid for their
holdings. They borrowed money on call
to make small payments, hoping that a
right turn in the market would give large
profits. But in that class of operations
losses come as easily as profits. That is
one of the conditions of the game. W'hen
they have profits, they call it prosperity,
but when they have losses they think
the country has come to a standstill and
want to know who is to blame. Nothing
been asked to pay what they owe.
“It is impossible to do away with such
speculation by any increase in the money
supply. If a stock selling at $100 per
share has an advance of $10 the investor
who owns it outright makes but 10 per
cent, while the speculator who has upE
only a margin of $10 makes 100 per cent. i
That is the secret of marginal trading. |
“In short, it is not legitimate business '
that causes the enormous inflation of
credits, multiplies the bank reserves re- :
quired and. thus absorbs any possible E
money stock. Speculation, greed, will I
inevitably do it, and as it is obviously,
impossible to satisfy that appetite it is *
absurdito point to a tight money market '
as'a proof of an insuflicient supply of!
money.
“Undoubtedly the war in the Transvaal
has had influence upon our money mar- '
ket. Anything that disturbs normal con-
ditions, which turns the currents of busi-
ness out of the courses they have been ex--
peeted to follow, will aifect business.
With trade balances as they are ourl
bankers early in the season had reason i
to expect gold imports this fall and prob-
ably directed their business accordingly.
The‘war has not only cut OR a remit-
tance of about $2,000,000 per week to
London from South Africa, but compelled
heavy shipments the other way. Sacha
reversal of the regular andanticipated
order makes money tight in all centers
until afiairs are readjusted to the new
conditions. .
“The world does not depend 'upon the
Transvaal for its stock of gold. Colorado
will produce more gold in 1900 than all
North America yielded ten years ago, and
this continent will yield more next year
than the whole world did ten years ago.
Cripple Creek is up to the record of the
Transvaal five years ago, and Cripple
Creek with Alaska and the Klondike will
next year exceed the Transvaal produc-
tion of 1897. The golden tide, though
checked for the moment, is not going to
subside.” '
Treasury Clerk a Thief.
CHICAGO, Dec. 27.—Clyde H. W'al-
lace, a clerk in the United States sub-
treasury in this city, was arrested yes—
terday on the charge of having stolen
$5,000 in gold from the office. The
young man is said to have made a full
confession to the secret service officials.
The gold, a sack of $20 goldpieces,'was
missing Nov. 15, but it was several weeks
before the officers could obtain a clew to
the criminal. XVallace 'finally furnished
it by wearing fine clothes and’diamonds
and by playing the races in poolrooms,
making all his bets with $20 goldpieces.
He is in jail in default of bonds of $10,-
000.
The Pere Marquette System. _
GRAND RAPIDS, Dec. 27.—It is an-
nounced here that Charles M. Heald will
be president of the Pere Marquette sys-
tem and S. T. Crapo of Saginaw general
manager. The headquarters of the sys-
tem will be located at. Grand Rapids
temporarily, at least until the next an-
nual meeting of the board of directors.
Mr. Heald was formerly president of the
Chicago and “'cst Michigan {Ind-De-
troit, Grand Rapids and "Western, and
Mr. Crapo was 'general‘manager”of the
Flint and Pere Marquette,
* ' Killed by Train.
'ASBURY PARK, N. J., Dec.~-27.-—-._
Mrs. Samuel Valleau, aged 50, the wife
of a retired actor, was killed yesterday
by a train at Avon, near here. She at-
tempted to cross the tracks and was
struck by the Pennsylvania passenger-
train. ‘ .
Two More Mine Victims. '
PITTSBURG, Dec.‘ 27.———Two more
bodies were taken from the mine at
Braznell'yesterday. The funerals of 18
victims of the explosion were held, at-
tended by every man, woman and child
not at work in the mines. .
The Westminster Sails. I
SAN FRANCISCO. Dec. 27.—-The
steamer Westminster, which put back to
port Monday owing to damage to her
machinery, left for Manila'yesterday.
The \Vestminster has about 400 horse
Und mules aboard. ‘ .
THE CALIFORNIA SHOCK.
Hemet Also Scourged.
SAN JACINTO, Cal.. T‘ec. 27.—This
little city is a scene of desonition. Peo-
ple. are beginning to recover from the
terror inspired by, the earthquake which
centered here on Christmas morning and
destroyed every brick building in the,
town, and some definite estimates of the
damage wrought can now be made.
At the Saboba Indian reservation near
here a. dance had been held the night be-
fore, and large quantities of whisky con-
sumed by the Indians sent most of them
into a drunken stupor before the shock
came. A number of squaws had huddled
, together in an old adobe building and
were sleeping 011' the effects of the liquor.
The heavy walls fell in upon them. Six
were killed outright and two died later.
while a score more were badly injured.
Those killed were horribly crushed.
Hain street presents a sad appearance.
It is impossible to walk along the side-
walks because of the heaps of debris and
overhanging walls. Brick walls were
razed to the ground, with thousands of
dollars’ worth of merchandise buried un-
derneath. There is not a business house
in town but has suffered.
Electric wires are down, and some of
the power houses have fallen in. The
walls of the County hospital, erected rev
cently at a cest of $10,000, were badly
damaged.
At Hemet the hotel was damaged tc
the extent of $10,000; Bingham’s flour
mill, $2,000. The fire walls of Webber’s
brick store fell out, the plate glass win-
dows were smashed, and the entire stock
of goods is ‘on the floor in a heap. The
, chimne s of th hot lf ll,
'nor could all the gold and silver mines in i y e e e many Of them
crashing through the roof. One fell on
the bed of Frank Johnson, bruising him
badly. The verandas are all down and
the walls badly cracked. The rear wall
of the Johnson block fell outward, and
the whole building was demolished. The
third story of the Hotel Mills is down,
and the second story walls fell in. Pugh’s
store and fixtures were all shaken down.
There are but two chimneys left in town.
The gables of Highland asylum were
cracked and the chimneys shaken down.
It is said that rumblings had' been
heard for several days about Taquils
peak, in the San J acinto range, supposed
to be an extinct volcano. Between San
Jacinto and Hemet geysers of hot sul.
phur water have appeared, and the'fumes,
one can get near
are so strong that no
the geysers. '
CONDENSED DISPATCHES.
Allen B. Rorke, the contractor
politician, died in Philadelphia.
Buffalo is to have a new union railway
station to cost not less than $1,500,000.
Three feet of snow fell in Chautauqua
county, N. Y. Trains were reported
greatly delayed.
The Binghamton (N. Y.) beet sugar fac-
tory estimates this season’s production at
2,450,000 pounds.
Dr. lVilliam B. Canfield of Baltimore
died at Roosevelt hospital, New York
city, of concussion of the brain.
Comptroller Dawes has given the
Broadway National bank of Boston on
and
other week to arrange for reopening the-
institution. ..
Superintendent Kimball of the life sav-
ing service said all on board the wrecked
Ariosto might have been saved had they
waited for the life savers.
Governor Roosevelt appointed Colonel
Edward Morris Hoffman adjutant gen-
eral, with the rank of .brigadier general.
to succeed Adjutant General Avery D.
Andrews, resigned. .
A Muscular Christian.
MARINETTE, \Vis., Dec. 27.—Dr.
Sehepler, pastor of St. Paul’s Episcopal
church, interrupted his Christmas service.
long enough to. give chase to a sneak.
thief who was carrying off a number of
holiday gifts from the parsonage. The
preacher while at the altarsaw the thief
leaving the parsonage with a lot of stuff
under his overcoat. Putting aside his
robes, he gave chase, caught the fellow
and. after a tussle, turned him ovento
the police and then returned and finished
divine service.
Four Educational Meetings.
SYRACUSE. Dec. 27.—Four meetings
of state educational organizations will be
held in this city this week. The first.
the Associated Academic Principals, met
last evening. when an address of welcome
was delivered by Chancellor James B.
Day of Syracuse university. The New
York grammar school principals con-
vened today. and the Science Teachers‘
association meets tomorrow. The New
York State Association of School Com-
missioners and Superintendents also met
today.
blissing Girl Dead.
NEIV YORK. Dec. "IL—Miss Matilda
Mochlcr, 20 years of age. the adopted
daughter of ex—(_‘ouncilman Christopher
N iederer of Carlstadt. who went to Ruth-
erford, N. J.. on a shopping tour on Fri-
day and disappeared, is dead. Yesterday
afternoon two boys found her body at
the foot of “'est Passaic avenue in a
clump of bushes near the Passaic river.
There was evidence that she had taken
carbolic acid. No cause is assigned.
Receiver Appointed.
SANDY HILL. N. Y., Dec. ZZZ—Judgi-
Stovcr of Amsterdam 'has appointed
Grenville )I. Ingalsbe. temporary receiv-
er of the'lVarren Medbury company. Di-
rectors \Varren. Carpenter and Cunning-
ham petitioned that Judge Ingalsbe be
named. The company has been doing a
business here of manufacturing dynamos
aud‘kcpt a large force at work.
Larkin Gets l24Yenrs. . , ,'
TRENTON, Dec. 27.—John Larkin.
who was recently convicted ofmurd’er in
the. second degree- for killing: Samuel
(frusen in a brawl.» at ‘I’rinccton on July
4. has been sentenced 0 state prison by
Justice Gummerofor .,2 years. 7 ' .
Boy .Dj‘o w n ed.
BINGHA‘MTQN. N. Y.. Dec. 27.—
l-[arry Miller was drmvncd yesterday aft—'
ernoon at Berkshire, Tioga county. He
was sliding on the ice andbrokc through.
The. body was recovered, the boy’s hand
still clinging to his sled.
Frozen to Death.
PETERBORO, N. H.. Dec. 27.—James
Cushion of Greenfield was frozen to death
Monday night inBennington village. He
had- been making: Christmas calls, and
his body was found beside the river. He
was 60 years of age.
Engineer For Aqueduct Commission.
SYRACUSE, Dec. 27.—«W. R. Hill,
chief engineer of the Syracuse-water (lu-
partment, has been appointed chief en-
gineer of the aqueduct commission a:
New York city, to take office Jan. 1.
'W 7,:
I =;
Wankpy.roflwALKF
lion ENGAGEMENTS
Ban Jaclnto a Scene of Desolationjl
Santa Ana Attacks Subig, but
Is Repulsed.
Pusoursnn SUPPLIES CAPlUREl)
Campaign Since Luwton’s Death Ex-
ceedingly Active and Covers 1:
Wide Stretch of Territory—Mrs.
Lawton Starts Home Dec. 30.
MANILA, Dec. 27.—General Santa
And, With a force of insurgents estimated
at 300, attacked the garrison at Subig
yesterday. A body of marines was sent
from Olongapo to re-enforce the garri-
son, and the Filipinos were driven back,
several being killed. There were no cas-
ualties on the American side.
A company of the Forty—sixth volun-_
teer infantry and a contingent of marines
have been sent from Manila to re-enfor'ce
the Subig garrison still further.
Colonel Bell of the Thirty-sixth infan-
try routed 150 Filipinos Thursday near
Alaminos, province of Zambales, and
killed, wounded or captured 28 of them.
Our troops also seized many rifles and
some ammunition. One American was
wounded. ' .
'A detachment of the Thirty-fourth in-
fantry encountered a band of the enemy
Saturday at Aritao. province of New
Vizcaya, and routed them, killing two
and wounding or capturing 13. The
Americans also seized the insurgents’ am-
munition. .. .
The Twenty-first regiment attacked a
Filipino outpost Sunday near Calamba,
scattering them and killing five.
The ’ Thirty-second regiment Sunday
had a brush with the enemy from the
mountains northwest of Dinalupijan.
One American was wounded. The troops
captured 125 head of cattle and brought
them to Orani, Bataan province.
In the island of Panay Captain Brown-
ell’s company of the Twenty-sixth infan-
try fought the enemy near Saia. The
rebels lost heavily. and the Americans
captured many rifles. The rebels, who
fled from Panay to Romblon island, are
surrendering to the American garrison
from Panay.
The funeral of Major General Lawton -
will take place Dec. 30. The remains will 3
be sent home on the transport Thomas.
.. CONTINUED FIGHTING.
Various Bands of Filipinos Rooted
‘by American Forces. '
WASHINGTON, Dec. 27. —General
Otis. at Manila, reports some details of
engagements with the insurgents follow-
ing the death’of General Lawton. His
dispatch follows:
“Following minor engagements have-
occurred: At the capture of San Mateo,
Dec. 19, when General Lawton was kill-
ed, Captain Kinan,' Twenty-ninth infan-
try, and Lieutenant Brenckenrid'gc, Sev- .-
enth infantry, were slightly wounded.
Four enlisted men were slightly wounded.
“At the capture on the same dateof
.Montalban Lieutenant Cotchett, Elev-
enth ea‘valry, and six enlisted men were
wounded, m0stly slight.
casualties were heavy. In northern
Zambales, 2lst inst., Bell struck 150
insurgents; killed, wounded and captured
28 and 20 rifles. Lieutenant Read, Thir-
ty-sixth infantry, was wounded.
“Hughes, at Iloilo, reports that an in-
surgent band attacked Brownell’s camp,
the Twenty-sixth infantry, near J aro,
and was repulsed with heavy loss in men
and 26 rifles. Insurgents are in Rom-
blon surrendering arms. On the 23d inst.
Captain Dame, Thirty-fourth infantry,
struck insurgent band near Aritao, prov-
ince of Nueva Vizcaya, killing and
wounding 15 and capturing seven rifles.
Lieutenant Meade, Twenty-first infantry,
attacked insurgents’ outpost near Calam-
ba on the 24th inst., killing five and cap-
turing five rifles. ~
“In the mountains of the southern por-
tion of Bataan province, 24th inst., Cap-
tain Comfor, Thirty-second ‘ infantry,
struck insurgent band, wounding four and
having one man wounded. Major Spence
of the same regiment, in the same local-
ity, captured insurgent corral with 125
cattle and ponies. Captain Nayson on
the same date was attacked in the moun-
tains near Sulug. One man is missing.”
Soldier’s Sentence Commuted.
OSHKOSH, \Vis., Dec. 27.—William
Scarborough of this city, a private of
Company B, Third United States infan-
try, who was'tri'ed by a military court in
the Philippines on a serious charge and
sentenced to death, has been saved from
execution by President McKinley. The
president has commuted his sentence to
dishonorable discharge and 20 years’ im-
prisonment. Scarborough is little more
than a boy.
This Nation Generous.
LONDON, Dec. 27.—-The Daily Chron-
icle..commenting upon the decision of. the
United» States government to transport
the Spanish prisoners from the Philip-
pines, says: “This action of the United
States is characteristically generous to-
ward their late foe. It can hardly fail
to awake a responsive echo and to do
much to diminish the bitterness resulting -‘
from the recent war.”
Pitt’sburg va’ells Lawton Fund.
I‘ITTSBERG, Dec. 27.—At a public
meeting held at city hall yesterday in re-
sponse to a call issued by Mayor Diehl a
fund was started for the widow and
children of General Lawton. H. C. Frick
subscribed $200, Captain J. J. Vanderc
grift $100 and .quite a number of others
lesser amounts. Efforts will be made to
raise a large fund by the close of the
week.
Lawton Fund In Philadelphia.
‘ PHILADELPHIA. Dec. 27.—The
Lawton fund of The Evening Tele-
graph of- this city. which has been ofli-
cially designated by Adjutant General
Corbin to receive subscriptions for the
relief of the widow and children of Gen-
eral Lawton, amounts to $2,411. Seven-.
teen subscriptions of $100 each have
been made to the fund thus far.
The St. Louis Failure.
ST. LOUIS, Dec. 27.—-The Seigel-Hill-
man Dry Goods company, which oper-
ated a large department store here, has
filed a deed of trust to secure all its
creditors. The liabilities of-the firm are
placed at about $225,000 and its assets
about the same amount.
\
Seven Indians Drowned.
ASHCROFT, B. 0., Dee. 27.—Seven
Indians, including two women, were
drowned Monday night a short distance
west of this place by the upsetting of a
canoe in which they were attempting to.
cross the Thompson river.
The enemy’s. .
.200. .
SUGAR—Raw steady; fair refining,
BIG Bosvon FAILURE
The John P. Lovell Arms Company
does to the Wali.
BOSTON, Dec. 27.-——The John P. Lov-
ell Arms company and the John P. Lovell
company, an allied concern, made an as-
signment yesterday afternoon for the
benefit of their creditors to Barnes &
Ball, attorneys. The assignment vwas
not a matter of surprise, being simply .
a’ confirmation of rumors that had been
in circulation in business circles for sev-
eral days past. .
The firms were indebted for large
amounts to the Globe National bank,
which was last week placed in charge of
a temporary receiver, and this institution
or, more exactly, its former president,
Mr: Cole, has been represented in the
business by C. W. Noreross,‘ who is said
to have virtually managed the concern
for more than a year past in the interests
of the bank.
The house of the John P. Lovell Arms:
company was founded in 1841 by John
P. Lovell and was at first engaged solely
in the manufacture of guns. It'soon
branched out into the spun-ting line of
business and has grown toJeaone of the
largest concerns of thelldhd in New
England, there being scarcely an article
used by a sportsman that was not car—
ried in its stock. '
Colonel Benjamin S. Lovell, the pres-
ent treasurer of the company, has for
many years been a familiar figure in
Grand Army and political circles in=
Massachusetts, where he has hosts of ;
strong and generous friends. He has
been-considered a careful business man
and'one who knew the value 'of money,
and it has been said no one ever appealed ‘
to him on behalf of the Grand Army or'
a deserving veteran in vain. He has been
a member'of the legislature and of the
executive council and was a member of,
Governor Greenhalge’s personal staff.
“
.-__...-
NOTED SCIENTIST DEAD.
Professor Coues, an Expert In Many
Lines of Research. '
BALTIMORE, Dec. 27.—Professor El- :
liott Cones of IVashington, the world.
famed ornithologist and scientist, has just
died at Johns Hopkins hospital.
Professor Cones was one of the mosti
distinguished scientists in the United1
States. Born in Portsmouth, N. H., in!
1842. he graduated at the Colombian uni-
versity in Washington in 1861. He enter- .
ed the United States army as a medical;-
cadet in 1862 and left it as a surgeon
many years later. He became a natural-i
ist of high repute and was an expert ir.’
geology, anatomy and _many other sci- ,
ences. He was connected with the Smith- ’
sonian institution, the United States geo-
logical and geographical surveys and was
professor of biology-in the Virginia Ag-
ricultural and Mechanical college.
He was one of the associate editors oi
the Century Dictionary and other publi-g
cations, an ornithologist of worldwide
reputation and published many works on
that subject. His versatility as an au-
thor was very great, and his works in-
cluded a number of scientific subjects.
He was a member of at least 50 foreign
and American scientific societies.
No man in the United States probably
had a wider acquaintance with men'oi
thought the world over than Professor
Coues. -’
Editor Ford’s Funeral.
BOSTON, Dec. 27.-——The funeral oi
Daniel S. Ford, the late owner of Th1;
Youth’s Companion, took place yesterday .
from the residence, 54 Fenway. Al-‘
though it was announced. as private, the
large house was filled with friends, and;
the floral tributes were very numerous!
The service was conducted by Rev. Ev-,
erett D. Burr of the Ruggles Street
church and was of the simplest charac'_
ter, consisting only of Scriptural reading: '
and singing by the Ruggles Street quar-i
tet, which was organized and maintained
by Mr. Ford for over 20 years.
- Venezuelan Finances.
. CARACAS, Venezuela, Dec. 27.——Thc
refusal of the Bank of Venezuela to al-
low the official bank inspector. Senor
Fabrici Conde, to inspect the books 01
the institution caused a panic in financial
circles. Yesterday, however, the bank
agreed to receive him, and the panh
ceased. In the financial world here thc
concession for a new American bank is
generally regarded as abortive.
Transport Meade at Singapore.
WASHINGTON, Dec. -7.-—Word was
:eceived at the war department that the
transport Meade, with Colonel Murray
and the Forty-third volunteer infantry
had arrived at Singapore on her way tc
Manila. Colonel Murray reports the
death of Corporal Kerrigan of Company
B on the 18th inst. of alcoholic poison
ing.
Cotton Mill Burned.
PHILADELPHIA, Dec. 27.—The ex-
tensive mill of Joseph Flings Sons, man-
ufacturers of cotton and merino, in Ger
mantown, a suburb of this city, was al.
most completely destroyed by firezyester-
day. The loss is estimated at $00,000,
fully covered by insurance. ' The origin 01
the fire is unknown.
An Advance For Coal Miners.
" HAZLETON, Pa., Dec. 27.—-The 1,806
men employed by the Lehigh and \Vilkes-
barre. Coal company and the Silver Brook
Coal company have been notified of an in-
crease of 2 per cent in their wages.
. New York Markets.
NEW YORK, Dee. 26.—FLOUR—State
and western neglected and about steady
winter patents, $3.50a3.75; winter straights,
$3.35a3.45; Minnesota. patents, 333034.05;
winter extras, $2.55a2.95. ,,
WHEAT—No. 2 red opened steady at
1,4,0. advance on a heavy decrease on pas-
sage, but eased off under talk of an in-
crease in 1' ,the visible; March, 74%a750.,
May. 7413-16a751-160.; July, .75 3-160. .
RYE—Dull; state, 56c.; No. 2 western,
60%c.,,f. o. b., afloat.
CORNe—No. 2 opened steady and ad-
vanced on covering and a liberal decrease
on passage; May, 39a391/gc. ‘ . "
OATS—No. 2 du‘ll; track, white, state,
31a341/é'c.; track, white, western. 31a34yéc.
PORK—Quiet; mess,~ $10a10.50; family,
3123.12.50. . . .
LARD—Flrm;
$5.85. nominal. _
. BUTTER—Strong; 'state dairy, 18a25c.;
state creamery, 23a27c. ‘ .
CHEESE;Firm; fall made, fancy.
small, 12%a13c.; fall made, fancy, large,
1237411130. _
EGGS—Steady; ,state and Pennsylvania,
233.240.; western, ungraded, at mark, 153,
prime western steam,
313-160.; centrifugal, 96 test. 43“.: refined
quiet; crushed, 59-16c.; powdered, 554e,.
- TURPENTINE—Quiet at. 511,952.
MOLASSES—Quiet; New Orleans, 32a40c.
, RICE—Quiet; domestic, 4a6%c.; Japan.
4%a5c. _ _
TALLOW—Steady; city, 00.: country,
4%35c. . .
, HAY—Steady; shipping, 65a75c.:‘ good to
choice, 80a860., ‘ '.
., .1
‘Gaznrrm
, Lieutenant Smythers, Lieutenant Kun«
' intrenched, and the Boers have not dis-
,‘dcbt; interest payments on a large propor—
‘tion of which mature on Jan. 1. Another-
-Friday until yesterday on account of the
although considerable property was de-
' Patton will die. .
12':
‘
-... \—
\THEWAR IN AFRICA.
Long Delayed News Reveals
Little Change.
SHELLING 0F LADISlllIlI CONTINUES
Another Sortie Reported, In Which
Several Boer Guns Were Captured.
, Methucn Will Remain Three ..
Weeks at Modder River.
LONDON, Dec. 27.—Dispatches from
South Africa are still greatly delayed,
but they are arriving more freely,‘which
shows that the censorship has been re-
laxed. . .
There appears to be no great change
in the situation. A, diSpatch from Lou-
renco Marques, dated Thursday, Dec. 21.
gives the following from the Boer head
laager, dated Tuesday, Dec. 19:
“The British naval guns at Colenso
have been cannonading Bulwer bridge.
over the Tugela river, with a view of
smashing it. ' '
“The bombardment of Ladys‘mith is
proceeding slowly. General Joubert has
arrived here and been accorded a hearty
Welcome. He addressed the burghers on
Dec. 18. I.
“More British prisoners have been sent
to Pretoria, including Colonel Bullock,
Major Walters, Major Bailwark, Major
Foster, Captain Dick, Captain Nortern,
Captain Fitzherbert, Captain Ford, Cap-
tain .. Hutchinson, Lieutenant“ Bonham,
bauld, Lieutenant Thourne, Lieutenant
O’Conneyghy, Lieutenant Brigg, Lieu-
tenant Christian, Lieutenant Birch, Lieu-
tenant Halford,-Lieutenant Tarball and
Lieutenant J ones.” .
A dispatch to The Daily News from
Ladysmith, dated Friday, Dec. 15, by
beliograph, says:
“Another sortie last night. General
Hunter, with 500 volunteers, destroyed
one SIX inch Creusot gun, one howitzer
and one Maxim. One Briton killed. The
Boer gunners fled.”
There is an idea in some quarters here
that General Buller’s destruction of the
Tugela bridge heralds an attempt to cut
oflf the Boers now south of the river, but
the general opinion is that the British
will not make any serious move pending
the arrival of Lord Roberts.
The Cape Town correspondent of The
Daily News, ’ telegraphing \Vednesday,
Dec. 20, says:
“Lord Methuen, I understand,‘intends
to remain at Modder River about three
weeks longer.
“From Boer sources hitherto singular—
ly well informed I learn that there are
6,000 European oflicers and men skilled
in modern military tactics, particularly
artillery, now in Pretoria as a reserve.
“An administrative official in the Cape
service who has just returned from 0th-
cial relieving duty in the Dutch district.
says the news of the British reverses has
been received with great joy even in lo—
calities where there is no open revolt.”
The war office has received a dispatch
from Pieter-maritzburg, Natal, dated Sun-
day, Dec. 24, announcing that in an en-
gagement at ‘La'd'ysmith Dec. 23 Major A.
C. King, Captains W'athen and Oakes
and Lieutenants Hulse and Fawcett
were wounded and that nine noncommis-
sioned officers and men were killed and
ten wounded. .
This engagement had not been recorded
before this.
The war office has received the follow—
ing dispatch from Cape Town, dated
Dec. 5:
“There is no change in the situation at
Modder River. General Methuen is well
turbed him.
“General Gatacre repbrts that a force
of 150 police have occupied Dordrecht,
the Boers retreating with no loss.”
The Lafayette .Dollars.
CHICAGO, Dec. 27.-—The souvenir
Lafayette dollars received in Chicago by
the Lafayette memorial commission
Christmas evening were taken from the
government kegs at the ofiice of the
treasurer of the American Trust and
Savings bank yesterday and the distribu-
tion of the coins officially begun. Fif-
teen thousand of the coins have already
been subscribed and paid for and will be
delivered immediately. Ten thousand
coins are to be reserved for distribution
in France next year during the exposi-
tion. which leaves 25,000 for sale in
America.
‘ Large January Payments.
NEW’ YORK, Dec. 27.-Something
like $225,000,000 will be paid out in in-
terest and dividend payments in this city,
Boston and Philadelphia soon after the
beginning of the new year. Of this
amount about $105.000,000 will, be dis-
b‘hrsed here, $30,000,000 in Boston and
the balance in the Quaker City. Much
of this money will comé‘ from the national
source of income will be the government
payment of quarterly interest on its 4
per cent bonds. -
A Gift For Yale.
NEXV HAVEN, Dec. 2T.—Yale univer—
sity has received a gift of $500,000 from
the Misses Olivia and Carrie Stokes of
New York, sisters of the millionaire
banker, A. I‘. Stokes. This money will
be devoted to erecting a new administra-
tion building. New buildings to cost $100,-
000 have been voted for the bicentennial
in the shape of an alumni hall. a new din-
ing hall and a memorial vestibule.
Seventh \Veek of Molineux Trial.
'NE\V YORK, Dec. 27.—Handwriting
experts again occupied the attention of
Recorder Goff and the jury now engaged
in listening to the evidence in the case of
the people against Roland B. Molineux.
This is the seventh week of the trial of
Molineux for the poisoning of Mrs. Kath-
arine J. Adams. Court adjourned last
Christmas holiday.
Pinnacle Rock Falls.
CUMBERLAND“ GAP, Tenn., Dec.
27.—The celebrated Pinnacle rock, which
overhung,Cumberland Gap and was a
noted natural spectacle. fell. yesterday.
The town was awakened as if by an
earthquake as the immense mass, weigh-
ing hundreds of tons, came tumbling
down. No lives have been reported lost,
stroyed. ,,
One Shot, the other Slashed.
\VEST LIBERTY, Ky.. Dec. 27.—
J ames Patton and Harlan Cisco of White
Oak, this county; got into a difficulty.
Patton shot and killed Cisco while Cisco
was cutting Patton to pieces with a knife.
THE ASTORIA GRANT.
Roosevelt Signs Letters Patent to
Light. Heat and Power Company.
ALBANY, Dec. 27.—Governor Roose-
velt has signed the letters patent grant-
ing the Astoria Light, Heat and Power
company three grants of land aggregat
ing 16.31 acres atAstoria. The governor
signed the letters patent just as soon as
he was informed by Attorney General
Davies that the proceedings in the su-
preme court instituted by Corporation
Counsel Whalen of New York city had}
been discontinued on stipulation by the
complainant. ‘
The governor sent to the land board
with the letters patent a communication
in which he says that he believes the
grant should have been made, that it was
entirely proper and thatany other action
by the land board would have been a
grave and flagrant wrong. ,
The governor was asked, in view of the
reports that the Astoria company would
have introduced at the coming session of
the legislature-a bill authOrizing the con-
struction of a tunnel under the East
river, what his attitude would be toward
it. The governor said that it would, be
the same as it was last year. He
said that his position at ,that time
was thatthe company had a perfect
right to have a tunnel and ‘that . it
was in the interest of the public that
they should ave it, but that there were
other object nable features in the bill,
some of which were remedied by the
subsequent paSSage of the franchise tax
law, but some of which were not and
would have to be remedied before he sup-
ported the measure.’ He said the com-
pany should have the same rights'that
railroad companies have; ‘ ' ' ' '
TO INVADE CANADA.
Fenians Are Planning Another Ralql'
. on the Dominion. , ’ '
BOSTON, Dec. 27.——It has developed
thata movement looking to the invasion
of Canada by tlte Fenians and advanced '
Irish Nationalists has been agitated for
some time by leaders of those organiza-
tions in and around Boston.
Colonel Roger F. Scannel, who has been
identified with Irish agitations for many
years, said yesterday that there was to
be a meeting of prominent Irish National—
ists in Philadelphia next Sunday or Mon.
day to discuss the question of invading
Canada.
Referring to the Fenian invasion of
Canada of many years ago, Colonel Scan-
nel said that it was a failure because
there were too many generals and colo-
nels and no discipline. This would not
happen now, he said, since the men are.
well organized all over the country and
have confidence in their leaders.
Bontelle In Boston Sanitarium.
BANGOR, Me., Dec. 27.—-Congress-
man Bontelle, who was brought from
Boston to his home here last Saturday
morning suffering from a serious illness,
the exact nature of which has not been
divulged by the physicians, was taken
back to Boston in the midnight train on
Monday night, accompanied by his
brother, Edward P. Bontelle, and a
physician. His‘depai‘ture was not known
until last night, when the news leaked
out and caused something of a sensation
in this city. It is said by physicians and
others that the congressman has been
taken to a sanitarium near Boston for
treatment.
Three Shooting Sci-apes,
MIDDLESBORO, Ky., Dec. 27.—
Three shooting scrapes, with four men
dead, are reported from Virginia and
Tennessee near the state line. At Taxe-
well, Tenn., Jim Thompson killed Harri- '
son Ray in a drunken row. At Atlanthus
Hill, Va., R. Overton and John Combs
fought a duel, and both were killed. They
were prominent in their neighborhood.
At Walnut Hill, Va., Bal Ely and his
uncle, named Dops, had a quarrel, in —~
which the latter was killed.
Detulcution Large.
MIDDLETO'WN, N. Y., Dec. 27.-The
defalcation of Assistant Cashier Louis E.
'Goldsmith of the Port Jervis National
bank, which first announced the amount
as $25,000, is now declared by the bank
examiner to be $101,987. The money was
taken through draft account and manip-
ulation of the general ledger. The Wash-
ington authorities recommend an assess-
ment of the stock to make good the de—- .
ficiency and to resume the business of the
bank.
Thavved Out at the Inquest.
EAU CLAIRE, \Vis.. Dec. 27.——Coro—
ner Kortsch and Dr. Selbach drove 13
miles intor'the country to hold an inquest
on Michael Khilo yesterday. Khilo had
lain in an Open field from midnight until:
‘7 o’clock in the morning and was sup-
posed to have been frozen to death. The
doctor found him laid out at a. farm-
house, but Khilo thawed out and sat up.
before the inquest began.
A Bathtub Trust.
PITTSBURG, Dec. 27.—The consoli—
dation of the sanitary cnamcling interests
of the country, known as the “bathtub”
combination, has just been completed.
The new concern will be called. the
Standard Sanitary Manufacturing com-
pany and will begin business on Jan. 1.
The consolidation is composed of the
eight leading concerns in the United
States.
For Utica‘s l‘ostmastership.
ITTICA, N. Y.. Dec. 27.—A petition
signed by 6,900 voters of this city, nearly
one—half the total number, asking for the
recommendation of General Rufus Dag-
gett for appointment to the postmaster-
ship at Utica to succeed E. Prentiss Bai-
ley at the expiration of his term. on
March 1, has been presented to Congress-
man James S. Sherman.
_“Quo Vadis" a Success.
CHICAGO, Dec. ill—The dramatiza-
tion of “Quo Vadis” has made such a
success that it has been decided to dou-
ble the length of the initial engagement
before taking the piece elsewhere. “Quo
Vadis” will therefore be presented at
‘McVicker’s theater here until Jan. 27, a
run of six weeks.
Returned From Klondike.
MIDDLETO‘VN, N. Y., Dec. :27.—
Mrs. Z. DuBois of Napanosh, who has
been in the Klondike for two years, has
just returned home. She secured several
claims in the new mining fields and gives
glowing reports of the place. She will
return there in April.
Aguinaldo In Mexico?
CITY OF MEXICO, Dec. 27.—A cu-
rious report has gained credence here
that Aguinaldo has arrived in Mexico.
Weather Probabilities. .
Fain. continued cold; light to fresh-
[rest to north winds. 0 ,
Norwalk Chronicler