c ' '--’?4‘ n ...-.... “mash-“xv. .... ..4 ~ - «was»... A.» .W’w-w’“ ., ma, .. .éliazm‘nkysa», xnér‘ivl "'-"1»uf'.‘~‘-‘* w " .4 sigma; at; < ,. ,1. 1%. U Vol. VI. Whole No. 1279 "Equal and Exact Justice to all Men of W/UdtcveriState or Persuasion, Religious or Political.”-—Jcfi"crson. Norwalk, Conn, Thursday Evening. January, 1'6 l896. ‘L BOND SYNDICATE OFF. J. Pierpont Morgan Formally Dis- solves the Organization. 13st. BANKER’S STATEMENT. After the Conference 116 Concluded T113! It Would Be Better3to Prepare For the Inevitable Issue—Cause of the Dissolution. NEW YORK, Jan. 16.—The government bond syndicate organized by Mr. J. Pier pont Morgan has been dissolved. The form- al notice to that effect to the subscribers to the syndicate was accompanied by a circular letter from Mr. J. Pierpont Mor- gun. The letter, in part, is as follows: “Gentlemen, in sending you formal no tioe 'of the dissolution of the United State: bond syndicate, in which you have co- oper- ‘ ated, it is proper that I should make some statement showing why the syndicate was fermed, what action has been taken on its behalf and why it is now dissolved. “On Dec. 23last~,1was invited to Wash— :ington for a conference. During my visit there, as I have verbally stated to every ' 'onewho has conferred with me on the sub- = \ ject, no negotiations for a loan were com- " menced or even suggested, nor was thorn 1' then or since any agreement or reques‘ " ' that I should take any steps preparatory? to ‘ making a contract. ’ “The result of my visit was that I came to the following conclusions: “First. —That the presidentiand secre- tary Of the treasury were determined to use every power at their command to restore and maintain the gold reserve. ‘ ‘ Second—That no steps would be taken or even any preparatbry’fnegotiations com- menced until it was ascertained what ac- tion, if .any, congress would be likely to take 111 response to the appeal Of the presi- dent for adequate and impl oved means for making such restoration. ‘ ‘ Third. —That the executive department would prefer if possible, to secure $200,- 000,000 of gold in order to avoid any prob- able necessity for a similar negotiation be- fore the meeting of the new congress in 1897. . - “Fourth—That it was absolutely cer- ,-_tain that no adequate relief could be Ob- - ftained from congress, an that no bill ‘“' co111d be passed through the senate for the improvement of the monetary system of the country. “ Upon my return, appreciating to the “- full the gravity of the situation, and keen- 1y alive to the fact that early action was essential, and in order that I might be pre- pared, if called upon, to act promptly, I took steps to ascertain to what extent it would be possible to secure the cO—Opera- tion of capitalists, institutions and others in forming a syndicate which would agree to sell to the United States government $200,000,000 of gold coin. Contract Conditions. “The contract, as prepared and signed by the participants, did not stipulate whether the purchase should be by private contract or by public ofi'eri’ The only pro- viso (in addition to the important one that no gold should be withdrawn from the treasury) was that the minimumawunt of the contract should be $100,000,000 and . the maximum the full amount Of partici- pations which might be secured before it became necessary to act, nOt exceeding $200,000,000. “The applications for participation far exceeded my expectations. At the end of three 01' four days the total of $200,000,- 000 was reached, and I had in my hands full authority which would enable nie, whenever and however the executive might decide to act, to secure that amount of gold for the treasury reserve in exchange for United States bonds. “The formation of the syndicate being completed, I commenced negotiations for the permanent placing of a portion of the loan by public issue in Europe should a, Contract with the government be made. “ The London market was unfortunately closed to us, owing to causes to which I need not refer. I therefore, through the Deutsche bank, Berlin, and Messrs. Mor- gan, Harjes&. 00., Paris, opened negotia- tions for public issues in Gormany,F1-ance, Holland, Belgium and Switzerland, which negotiations were plactically concluded, ‘ and had it been possible to proceed fur- ther doubtless a very 1a] ge amount in bonds of small denominations would have found a permanent place in those coun- tries, to the great advantage of every in- terest. ” On Jan. 4 Mr. Morgan sent a letter by special messenger to President Cleveland, acquainting him with the facts, pledging the support of the syndicate in the event of the government’s needing its aid, etc. Mr. Morgan’s note then continues: ”On Monday, Jan. 6, the call for public bids for bonds to the extent of $100,000,000 was issued by the secretary of the treasury. “The amount of bonds thus offered made the syndicate contract (owing to the mini- mum therein fixed) available only to bid 1 ‘for all or none.’ ,1 make such a bid under present circum- stances, as I might thus seem to present for consideration by the secretary of the \ treasury the throwing out of smaller bids > made in good faith under a public call. The only emergency which would justify , such a course would be the failure of the public to respond to the call. of the govern- ment. Under these circumstances I at once decided to dissolve the syndicate. ' IV by Dissolution \Vas Deferred. “It has, however, been necessary to de- lay this action up to the present time, as every financial [interest required the pro- tection afforded by the knowledge that the syndicate was in existence, prepared to make the loan a success under all circum- stances, but happily this necessity does not exist any longer. “The subscriptions by individuals and others, including many of the syndicate .whom 'I have encouraged to subscribe,- from present indications will insure the complete success of the issue. I therefore feel that the time for announcing the dis solution of the syndicate has arrived, and an official notice tothat efipct has been I should be unwilling to, issued. I feel perfectly satisfied that there is no question as to the success of the loan. “I desire to sustain the executive to the fullest extent in his endeavors to maintain sound currency and the credit of the coun— try, for which every loyal citizen should hold him in honor. My firm will gladly assist any party desiring to subscribe un- der the present call, and will join with those prepared to take any amount that may not be desired by smaller investors. I feel sure, should it hereafter appear de- sirable to make such a bid, that you will gladly co- operate with them in such action, either individually or otherwise. “Thanking you for the confidence re- posed in me, for which I shall ever be grateful, I am, very truly yours. “J. PIERPONT MORGAN. " It was very generally knowu in the higher financial circles yesterday that formal notices would be sent to the mem- bers of the Morgan syndicate announcing its dissolution some time today. The no- tice of course releases the members from all further responsibility so far as the syn- dicate is concerned. Wall street’s'chief con- cern hereafter will be the steps taken by the individual members of the syndicate to make the loan a success so far as it can be under the methods employed 1n its is- sue. The fact that ‘gold continues to be dealt in at a premium is evidence enough that there is a strong demand for subscription purposes, and it is known that gold is be- ing accumulated from all possible sources outside of the subt1easuries. “ Ex—Syndicaters Importing Gold. It is believed that the gold imported from Europe and that bought by bullion dealers is for the account of members of the late syndicate, and to this extent the treasury will be the direct gainer. Just how much has been accumulated in this manner it is not possible to say, but the daily business that has been conducted has often run up into,the millions. In spite of the dissolution of the syndi- cate, it is known there will still be more or less concert of action among them as large individual bidders for the loan as the members of the syndicate are men of expe- riefice and are not apt to do anything like- ly to injure the prospects of its successful flotation. Probably, also, the strongest pressure will be brought to bear on the ad- ministration to extend the periods of in- stallment payments on the loan, as the money market will be seriously affected if the payments are made every ten days, as provided in the secretary’s circular. The dissolution of the bond syndicate maybe said to have been under discussion ever since Jan. 6, when the new govern- ment loan of $100,000,000 was offered for public subscription. . Opinion was not unanimous as to the best ways and means of bringing this about, nor was it the unanimous belief that the syndicate should be dissolved prior to Feb. 5, which date was fixed by Secretary Carlisle in his cir- cular as the‘ time limit Of subscriptions. Toward the close of last week, however, the feeling became stronger in favor of dis- solution, and members of the syndicate openly discussed with each other and with outside friends the,wisdom Of withdraw- ing. It may be said here that the mem- bers of the syndicate were under no re. straint as to remaining in, especially as the method of Offering the bonds made it necessary that the agreement should be ‘ reformed. The Berlin Art) Exhibition. WASHINGTON, Jan. 16.—-United States Consul General de Kay at Berlin reports that he has secured an allotment of room in the International Art exhibition to be held in Berlin from May to October next for American artists and a promise from the president of the exhibition committee that the American artists shall have the same privileges as artists in London and Paris. The Prussian Diet Opened. BERLIN, Jan. 16.—The Prussian, diet was opened today. The speech from the throne was devoted to domestic afi’ .irs.’ The budget for 1895 was more favo able than expected, and it is estimated that the budget for 1896 will show a smaller deficit than that of 1895, owing to increased rail- way receipts, due to iiziproving trade. Kentucky White Cap Outrages. MARION, Ky., Jan. 16.—-Warrants were issued by the court judge for the arrest Of 30 persons charged with White Capping. Eight prisoners have already been brought here, and it is expected that the remainder will be arrested. Several of the men im- plicated belong to some of the best families and are young men. Improvements In the New York. ' PHILADELPHIA,Jan. 16.—The American line steamship New York, which has been at the Cramps’ yard since Dec. 9, sailed for New York today: While here the ship’s machinery was thoroughly overhauled and placed 111 first class trim. Many wornout parts were replaced, and several improve- ments were made. _ More Justices For New York. ALBANY, .J an. 16.—Assemblymen An— drews and Wilson yesterday introduced the bills Of- the 001 poration counsel of New York appointing or electing three civil justices in addition to those already hold- ing offices and to add as many clerks and attendants as may be found necessary. Bernhard Gillam’s Condition. UTICA, N. Y., Jan. 16.--The illness of Bernhard Gillam, cartoonist of Judge, who for the past ten days has been confined to the home of his father-in-law, James .Arkell at Canajoharie, is and has been more serious than previously reported. His condition promises recovery. The Cold Wave In the Northwest. ST. PAUL, Jan. 16.——-A cold wave is sweeping down from the northwest terri- tory. At many points in Manitoba it was 20 degrees below zero, and at Helena it was 14 degrees below. The coldest point in Minnesota was St. Vincent, where it was 12 degrees below zero. . The Situation at Albany. ALBANY, Jan. lit—The same monotony that characterized the legislature yesterday marked the sitting today. There was noth~ ing to do. Of the 213 bills introduced so far, 98 only have been printed. The com- mittees aye blocked, and business is at a practical standstig, , UUUUU Allis UUUUU. Powder in the Chimney. BIG E! P DOS-.1011 RESULTED. The Supposed Intended Victim Had a ll!!- raeulous Escape From Death and the Neighbors W'ere Thrown Into Panic and Out of Bed. NEW YORK, Jan. iii—A terrific explo- sion occuued in the chimney directly be- hind the range of Mls Elizabeth Ruhl, on the second floor of the five story double tenement at 2487 Second avenue today. It was the second attempt to blow up the apartments of Mrs: Ruhl, who is jani- tress of the house, as well as of that next door. A hole 3/ feet in diameter was made in the brick wall, and one 11.. if of the loose bricks and 11101 tar was hurled across the roof of a one story building adjoining, into East One Hundred and Twenty—seventh street, over 100 feet away. be other half of the debris was thrown in every direction in the kitchen of Mrs. Ruhl, who v as standing directly opposite the range get-ting ready to wash. Her escape from death was almost mi raculous A piece of tho stovepipe was imbedded in the kitchen wall and two flat‘ irons that were standing on :che range at the time of the explosion struck the wash- .tub within an inch of where Mrs. Rubi stood. Sev oral other flatirons and t 10 stove lids, as well as ev e1y cooking 11‘ onsil that was on the range, were thrown in confusion about the kitchen. The flat is occupied by 18 families, with a total Of 100 occupants. Mrs. Kate Fay, who lives directly over the apartments of Mrs. Rubi, was 'thrown out of bed by the force of the explosion, and is suflcring from severe shock. Tenants In :1 Panic. . The shock was felt by all the tenants 01 2487, .as well as these next- door. Many oi them rushed into the street from fright, thinking that the house was tumbling down. The explosion was caused by a package of blasting powder, which had been drop- ped down the chimney shortly after Mrs. Ruhl had started the fire in her range. The act is attributed to revenge, and if Mrs. Ruhl’s suspicions aie concct it was done by a man w hom she has 1" cpeatedly refused to marry. Mrs. Rubi is a widow with two grown up sons, one of whom is 111:11'1'iedoand'livos down town. The other helps support his mother. Mrs. Buhl has been janitress of the flat ever since it was built, eight years ago. She is 1111 industrious, frugal German woman, about 40 years old. She is tall, stiaight and well preserved. She say 5 that a widower with five small children, who is employed on the Second avenue surface load, has been pe1sistcnt in his attentions to her. She has persist- ently discouraged him, however, saying that if she had any inclination to marry again she would not marry a widower with so many children at any rate. Her refusals, she says, 11: ive had the in— variable effect of making 11.111 furious, and he always left threatening vengeance. Early last week, she says, he came to her house again 'and renewed his suit. He met with the same result. He left saying, “I’ll fix you,” Mrs. Ruhl alleges. The Neighbors’ Theory. The next morning, she says, she felt a. slight explosion' in he1 stove, but as it was way stormy on that day she attributed it to the wind. She thought no more of it until after the explosion today. Her state- ments in regard to this man’s attentions and throat were corroborated by a number of the. tenants, one of whom is Mrs. Mary ' Houson, who lives on the first floor rear. ”1 saw him leave the house one day last week and heard him calling back to Mrs. Ruhl, ‘I’ll get even with you,’ ” Mrs. Houson said. “I am surerthat he’s the man who did this.” “I don’t know his name, but I know that he works for the Secor'l Avenue Rail- road company. If Mrs. Ruhl had married him, this explosion,-I am sure, would not have occurred. ” The theory of the. tenants is that the man who committed the fiendish act-went 11p stairs through the scuttle to the roof and dropped the powder down the chimney. The front hall door is usually open at 5 O’clock in the morning, and it is not lock- ed until nearly midnight, so that any one during the day has access to the building. Acting Captain Sheehan of the East One ' Hundred and Twenty-sixth Street station was notified of the explosion and detailed Detectives Meehan and Reed on the case. The widower referred to was arrested later. ‘He is Richard A. Tobin, 50 years old, of 723 East One Hundred and Thirty- fourth street. He is a foreman of the lamp cleaners of the One Hundred and Twenty- ninth street terminus of the Second Avenue “L” road. He was taken to the Harlem court. A Mexican Sensation. MEXICO CITY, Jan. 16.—A great sensa- tion has been caused here by the summary removal from Office of Postmaster General Gochicoa and Postmaster Montiel of this city, and all sorts of rumors are circulating as to the cause. The service has not been good for some time, and the press and pub- lic have been loudly complaining, and it was known in Official circles that, some change was coming, - To Help the Armenians. \ LONDON, J an. 15.—-Sir Philip Currie, the ambassador to Constantinople. has re- ported to the Marquis of Salisbury that 13 local committees to distribute relief 1n Ar- menia have been established under eon- sular Ofiicers_ and America:- missionaries. M..— - The —Bannock Cont :oversy. WASHINGTON. Jan. 15. —-Thc merits of the controversy between the Bannock In- dians and the state of Wyoming as to the right of the Indians to kil 1 game in con- trave ntion of the Wyoming state law will soon be passed upon by the United States supreme court. 111 SENATE AND 1101133. Proceedings of Both Branches of 0111- Na- tional Legislatuie. WASHINGTON, Jan. 16.——Mr. Sherman secured the floor shortly after the session, of the senate began today and presented two reports from the committee on foreign relations. The first was an adverse report on the bill prohibiting citizens of the United States from accepting any titles, decorations, etc., from foreign nations. Mr. Sherman said there appeared to be no need for the proposed legislation, and the consideration of the bill was indefinitely postponed. The second report was favorable to the passage of the joint resolution appropriat- ing $75,000 for the expenses of' the com- mission engaged in fixing the boundary between Alaska and British America along the line of the one hundred and first meridian of wes .. longitude. some objection to immediate considera- tion of the measure, but on Mr. Sherman’s statement that the commission now at work would have to suspend operations unless the appropriation was given, the resolution was passed. This disposed Of routine business, and Mr. Mills (Den1., Tex.) took the floor in support of his resolution introduced yes- terday concerning silver, bonds, etc. The senator spoke extemp'oraneously, and was given close attention. He first spoke of the long continued antagonism to silver and the present locking up of the accumulation of silver in the treasury vaults, due, he said, to the powerful influence in this coun~ try claiming that the prerogative Of issu— ing money should be given to corporations to expand and contract as they pleased. The national bank idea was not a Demo- cratic idea. Mr. Mills cited Jefferson to show that the Democratic policy favored the retention of the prerogative of making money by the government and the people. It was an incident of sovereignty to issue' money. Ml. Mills followed the course of the national and state banks, showing their contractions and expansions of the cilculation. And now, he so. Iid, this system was to be psipetuated by further issues of bonds. In the house the speaker announced the appointment of Mr. Allen of Utah to the connnittee on public lands in place of Mr. Curtis of Kansas, who resigned. On motion of Mr. Bowers (Rep, Cal.) a bill was passed authorizing the secretary of the interior, under 1egulations to be fixed by him, to permit the use of rir-ht of way upon public lands for the p111 pose of generating electric power. Mr. Johnson (Rep, In(l.), from elections committee NO. 2, presented a report 011 the contested case of Robert A. Cheese— brough versus George B: McClellan from the Twelfth district of New York. A res- olution declaring Mr. McClellan duly elected was adopted by the house. A “free home” bill, making actual resi- dence on railroad land grants unnecessaiy whete the lands have been fenced and 1111- provcd, was passed. A bill granting an American register to the steamer Miami was also passed. Then on motion of Mr. W. A. Stone (Rep, Pa. )thc house went into committee of the whole on the pension appropriation bill. , Calumet Stockholders “'ant Receiver. CHICAGO, Jan. lit—A bill was filed in ‘ the superior court today by Charles Pope, John B. Wilson and Freeman P. Roach, stockholders, asking that. a receiver be appointed for the Calumet Iron and Steel company. The plant, which is located at South Chicago, is one ()2' the largest in the country and has .1 capitalsteck of £32,- 200, 000. - there 0111- Gold Goes. . LONDON, Jan. 16,—At the half yearly meeting today of the Union bank the new governor said that the prevailing impres- sion that. the large increase in the stock of gold in London.was due to increased pro- duction was only partially true. It was chiefly from the United Stat-es, he added, that the increase was obtained. Foraker Formally Elected. COLU\IBUS,O., Jan. 16. -—The two houses of the legislature today in joint session at 12 111. confirmed their respective acts of yesterday' 111 electing J. B. Foraker United States senator, te11n to begin March 4, 1897. The senator elect addressed the gen- eral assembly briefly. Greater New,York Joint Committee. ALBANY, 'Jan. 15.—The joint committee of cities of assembly and senate has named this committee to investigate the greater New York matter under the resolutions: Senat01s chow, Page and Brush, Repub- licans, and G1 ady, Democrat; Assembly- men Austin, 0’ Grady, Keenholtz and Wells, Republicans, and McKeown, Dem- ocrat. —Advertise 1n the GAZETTE. mmmmmmus Alumnae:151-1111123111 M 1 1. p rwur or I IMITATIUNS l a I 111! AMERIEAH “BREED CDMPMY. 5111212255011." Do not be deceived by infringe- ments of name, package or cigar- tt . e e THE ONLY GENUINE 311881 113110131 1111131111183 Bear the fac simile signature“ on the package and on each cigarette. . TAKE NONE WITHOUT. There was ‘ 0STON, NQRWALK, THE GREATEST SALE or > z - ZEJJRFTFUIE}(JIIHEIES EVER KNOWN BEG-INS DAY, JANUARY use, AT 9 A. M. SHARP SATU? Store will be closed Friday, at noon, for- Inventory and Mark Down Stock. Prices 111 most cases out less than one» half. Too much warm We yathera as a reenlt, more Winter Goods than we caret? carry.” It means big losses to us, but bigger gains for you. As the lots in many cases’iare email and won’t last long liiail Orders must be sent promptiy to insure attention. WREMEI‘UIBER that we eloseat noon, Friday, to take stock and Ma rk Down P1 ices. SATURDAY MORNING, JANUARY 11 at 9 oclock and continiics one took. ' » TELEPHONE CALL, 57-4. 1 TH UUUUU SUUU cm. Maina’n UUU ‘3. dares commence A Pure Mali Extract. _ ‘ _ ' A Substitute for Solid Food Highest percentage Extract. Low- estD percentage Alcohoi. An Effect ive Tonic. An Agreeable Beve age A mild Stimulant. Just what physicians will pre scribe f01 Nmsing Mothers. Con- valescents and victims of luxomnia or Nervous Disorders resulting from Impaired Digestion and Overwork. Bottled for Sale and Derivered Anywhere LONG 131110 80111119 1:0,. 280-284 Bergen St., Brooklyn F01! SALE BY EDWARD P. WEED THE HONEST PLUMBER IV. C. HOLMES. V 7 “later Street, IS PREPARED TO DO ALL MANNER OF PLUMBING Willt'il Tin and that Iran UUUUU and “U 1161‘. LL WORK AND MATERIALS GUARAN- TEED OF BEST QUALITY, AND ‘ PRICES FAIR AND VERY REASONABLE. w. c. Kansans, '7 WATER STREET. Her-ace E. Dana. .iaxcnnsron Livery and Sales' Stable. Opposite Danbury and Norwalk Railroad depot- Norwalk. Conn. Stylish Single or Double Team with or without drivers. Safe horses for women andchildren. . SADDLE HORSES A SPECIALTY i i 1 RUUUUUUUUIUUU MUMME‘ : OPEA 3E1). Prof. George Yoergcr has opened his Boxing School fortherwinter. Private instructions a the pupils home if desired. Full course, 12 lessons, 35,10. ADDRESS Prof. George Yoerger. Norwaik, Conn Or apply at this office. FALL ANI WIATEB SUI'LINGS. Wiccured a large line of handsome Having Fall and them up in the latest styles ,F.KOCOUR. I? North Main St, South Norwaik. ovasooarsi. NEW LOT IN BLUE AND BLACK. Tailor-made latest st le,s t $6 to $105 waists and Eleeve linyings? l DIAGONAL WORSTED SUITS. IN BLUE AND BLACK . $8 50 a Sui FineCustom Work. All great bargains. Call and examine. ‘ H. Goonwrm, 1701WASHINGTON STREET BRIDGE DAVID wf. RAYMOND Funeral Director in Embalmer. 39 Washington Street South Norwalk‘ Residence, Mahackomo Hate] Inter suitings, I am ready to make _ till 3151111 PAIGE 011‘ . lMIQX Round, Sirloin and Por- terhonse Steaks, Sausage, Pot and Rib Roasts Reduced :20. 1 Pound. All First Quality Meat. J .- W. BOGARDUS, 6 WATER ST., NORWALK GREAT SALE OF MILLINERY -———A’1‘—-——- FAWCETT’S ’Hflflllllllil'ifll‘i Ur IUUUUU. Commencing Saturday the 16th, and continuing Monday and Tuesday, When we shall sell fine French Felt Eats. all. styles and colors, including a full line of Black, bought specially for this sale. We shall also- make a reduction in all our Trimmed Hats, and will offer one hundred Hats and Bonnets from $1.50 tip, The Season has been backward, hat is the' reason for the extraordinary bargainsiwe shall offer the' coming week. ' 1 FAWCETT’S NORW'A. LK 3 ”7.4171112 . STREET ' ' , By 11111111111 BEDIE—TI—T. ‘ ' Grand St., Norwsix 01 der-s ro céived evenings. . \
Norwalk Chronicler