Norwalk Chronicler

Evening gazette, Saturday, June 20, 1896 · page 8

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HANNA IWHEHELM

Elected Chairman of the Republican
National Committee.

T0 NOTIFY THE NOMINEES.

'EoKlnley Will Be Waited Upon June 39

at Canton and Hobart July 7 at
l. , Patex-sonmlfl'evvqxsper~ Opinions of
the Republim ‘ '- mlnations.

“1T7.” ‘—‘—"J‘-l'u‘- w. agRam-i. .

ST. LOUIS, June 20.—The new Repub-
lican national c mince met today and
was called to 0 er by Joseph Manley of
the. General Powell Clayton of Ar-
sas was made chairman of the meet
Se atép- Quay had refused to allow
use 0 is some in nocotlon with
ch91 anshlp. On m -on of Committ-
3“ ayne of Wisconsin, secondarily
Papas lye _; . , . . - kHanna
WA'QT‘EIBD "in ' =w=_*1a,‘an‘61
comm ties. . . -.- of Maine as
elected temporary secretary, James . .
32:“: 9f "ylv'éania assistant he?
and o onel . L. Swords of Indiana was
reelected sorgeanbatfii'ms. “=55; . cs '

Senat 1' Thurston of Nebraska offered
thisreso ution, which was adapted:

“The chairman of this committee is
hereby authorized and empowered, after '
the usual election of the candidates for
president and vice president, to appoint an
executive oommtttee of nine members, who
may or may not be members of the nation-
al committee, and the chairman of this
committee shall be ex ofllcio chairman of
the said executive committee.”

The committw then proceeded to fill va-
cancies. C. H. Sproul was elected member
for Nevada, 0. J. Saulsbury for 'Utah,
Senator Shoup for Idaho, W. M. Griffith
for Arizona, Sol Luna for New Mexico, J.
E. Lenders for Colorado, Henry E. Ash for
Oklahoma and George A. Steel for Orégon.
The vacancies in the District of Columbia
and Alaska were referred to the executive
committee when appointed. Chairman
Hanna was authorized to appoint a per-
manent secretary and treasurer of the com-
mittee.

Behind closed doors there was an ani-
mated discussion of - question of the lo-
cation of the permane t headquarters for
th '- ampaign. Chairman Hanna wanted
the eadquarters in Cleveland, but there
was an emphatic protest by the members
from the east and south.

They warned Mr. Hanna that the Ohio
idea could be. carried too far. They told
him that if 'the headquarters were not lo—
cated in New York the Republicans of that
state would regard the slight as a direct
slap in the face and the party would be in
danger of losing 72 electoral votes.

Headquarters In New York.

Chicago also made a bid for headquar-
ters, and some were willing to stand by
Mr. Hanna and run the campaign from
his office in Cleveland. But the vigorous
ob'ections of the committees from New
England and the south convinced Mr.
Hanna that it would be' a dangerous ex-
periment.

He finally agreed that the headquarters
should be located in New York city. The
only formal action taken in reference to
the matter was to refer it to the executive
committee when appointed, but after the
meeting had adjourned it was stated by
several members of the committee who
were in the confidence of the new chair-
man that the question is as good as set-
tled, and New York will as usual be the
campaign headquarters. The committee
adjourned subject to the call of the chair-
man.

The next meeting will probably be held
in New York :ity after Chairman Hanna
has consulted with his candidates and ap-
pointed his executive committee.

Cornelius N. Bliss of New York will
probably be reappointed treasurer of the
committee if he will accept the place.

The resolution making Chairman
Hanna of the national Committee ex ofiicio
chairman of the executive committee is a
new departure. It has always been the
custom in the national and state commit-
tees of all parties to elect a party leader
chairman of the executive committee.

McKinley will be formally notified of
his nomination on June 29 at Canton.

Hon. Garret A. Hobart, the nominee for
vice president, ,will be notified on July 7
at his home in Paterson, N. J.

The New York delegation left for home
on their special train over the Pennsyl-
vania road at 1 o’clock. Their special fol-
lowed the Pennsylvania limited. Hanna
also left this afternoon.

‘l “T

 
 

 
 
 
 
 

Detroit Paper Repudiates Money Plank.

DETROIT, June 20.—The Tribune, one
of the oldest daily newspapers in the west,
and the leading Republican paper of
Michigan since the birth of the party, to-
day unequivocally repudiates the action‘of
the Republican national convention in de-
claring absolutely for the gold standard as
against bimetallism. It says that while
the party’s candidate is all right “the
platform on "the only important issue be-
fore the country is damnably unpatriotic
and un-Republican. No one’s Republican—
ism can be impugned if he continues to
stand squarely on the national and state
platforms of the past, and if he repudiates
utterly the false and un-American 'fulmi-
nation of the St. Louis conspiracy.” It
advises an active campaign against “ gold
monometallism. ”

Referring to a charge by delegates,
whom, it says, “misrepresented the Re-
publicans of Michigan in St. Louis,” that
The Tribune was preparing to bolt, it
says: “The Tribune resents the imputa—
tion. It stands loyally and consistently on
the national platforms of 1888 and 1892 and
the state platforms of July 31, 1894, and
May 7, 1896. The Tribune does utterly re-
pudiate so much of the St. Louis platform
as is in conflict with the declared policy of
the party in its national conventions for
some years past, and which is still the
cherished policy of the Republicans of
Michigan.” .

Flocking to Canton.

CANT“ 0., June 20.——The 50,000 peo-

ple who tried to extend personal greeting
- to Governor McKinley will be augmented

daily by the most tremendous political ex;
cursions the country has ever seen. '

The first telegraphic announcement of
faraway visitors to follow the Alliance,
Akron, Massillon and. Niles contingents
of last night was a telegram from-J. E.
Milholland of New York .to Governor Mc-
Kinley, saying:

“The New York McKinley league will
c‘mgratulate you personally at Canton.”

According to a telegram from Cleveland
today ten trainloads of people are arrang-
ing to come to Canton from the Forest
City within a few days, and railroad men
say that dozens of trainloads of people
have contracted to stop at Canton on’ their
Way home to the east. '

Thousands of congratulatory telegrams

 

have been received by the major. Here
no some of them: .

Mayor Strong—New York will ratify
your nomination in November by giving
the largest majority ever given a presiden-
tial candidate.

Governor Hastings—Pennsylvania ro-
ioices in your nomination, and I personal-
ly extend my beartiest congratulations.

Morrison Against Free Silver.

WAsnnsoros, J one 20. —-— William R.
Morrison, chairman of the interstate c'om-
merce commission, has sent the following
lelegmm to G. A. Koerner of Springfield,
Ills:

“ The Illinois Democracy evidently favor
the unconditional free coinage of silver. I
do not. The majority of the national con-
vention will be for free coinage of silver
rod should not be oxpectgd to .pomizmte
any man representing” other than that
policy. .Under these circumstances my in-,
dcrsement bythe state convention, though
it would be a root compliment, cannot
he insisted 1150115137133 fwds.”

' ”7A ‘.
How Eng-land Views It.

LONDON, Jungia—The St. James Ga-
sette this afternoon, discussing the effect
of the possible presidency of ex-Governri‘
McKinley and .the relations between Great

EEW the United States, says: “It
cannot c craft-hat £6 .mocrats under
Messrs. Cleveland an, O ypave shown
a too friendly spirit, but we fear We must
:1 g pope fog better tgings from theBe-
pg licafii Jingoism s ngt a mofibpol'y
of o‘he party, and we shall be ky ii We

cape further €5h'scs of difference during
EcKinley’s regime. We shall be lucky,
too, if we succeed as speedily as possible
in arranging for the permanent arbitra-
tion of which the Marquis of Salisbury
spoke yesterday." The Gazette congratu—
lates Great Britain on the fact “that if
McKinley is elected the United States will
continue to pay its obligations in honest
money.”

The Globe says: "The outside world
would prefer the installation of a govern—
ment pledg to both a gold standard and
a moderate tarifi,"’ and suggests that
”President Cleveland might consolidate
under gold the Democrats of the nonman—
ufacturing states by proposing to continue
the existing tariff with slight modifica-
tions.”

The Westminster Gazette says. “The
protection policy to which the party is
committed will doubtless be as injurious
to our trade as before, but for the moment
there will be a sense of relief at the fact
that the Republicans are against tamper-
ing with the currency.” ’

The Pall Mall Gazette asserts that “the
hollowness oi the silver fraud was shown
at the St. Louis convention.”

BELL TBLBPHONB’S RIVAL.

A Big Company Incorporated, “’ith Many
Rich Menus Directors.
ALBANY, June 20.-—A new telephone
company, with a capital of $16,000,000,
was incorporated at the secretary of state’s
office today.
It proposes to operate its lines all over
N; York city and vicinity and extend to

w "‘v

A ny, Boston, Philadelphia, Montauk
P5 nt and all intermediate places in the
states of New York, New Jersey, Connecti—
cut, Rhode Island and Massachusettts.

The directors are George J. Gould,
Charles F. Cutler of Morris, N. J.; John
H. Cahill, Joseph P. Davis, Thomas T.
Eckert, William T. Bouchelle, James Mer-
rihew and William H. Wolverton of New
York city; Charles A. Tinker and John
Jameson of Brooklyn; William H. Forbes
and John E. Hudson-of Boston and John
Van Horne of Bayonne, N. J.

To Distribute Niagara’s Electricity.

BUFFALO, June 20.—Papers of incorpo-
ration for the Cataract Power and Conduit
company have been filed with the secretary
of state and county clerk. They previde
for a company with $2,000,000 capital or-
ganized for the purpose of acting as a dis-
tributing agent of electricity for the Ni
agara Falls Power company. *

Lyman Trumbull Dying.

CHICAGO, June 20,—Judge Lyman
Trumbull, the veteran lawyer and states-
man, is lying dangerousy ill at his home
in this city. His attendant physician
says there is no hope of his recovery.

The Weather.

Generally fair; warmer; variable winds,
becoming westerly.

FINANCIAL AND COMMERCIAL.

Closing Quotations of the New York Stbck
Exchange._

Nn‘w YORK. June 19.—Money on call nominal-
ly 2@2ié per cent. Prime mercantile paper,
@556 per cent. Sterling exchange firm and
higher. with actual business in bankers' bills
at $4.88%@4.88% for demand and $4.87%@4;87§§
for 60 days. Posted rates. $4.88@~i.88}§ and
[email protected]}§. Commercial bills. 84.86%. Silver
certificates. 68%@69%c.: no sales. Bar silver.
68%0. Mexican dollars. 53960. Government
bonds irregular. State bonds dull. Railroad
bonds firm.

Closing prices:

Atchison.......... 15% New England..... 43

Bur. & Quincy... . 79% N. J. Central. . ....107}é
C... C., C. & St. L. . $34 North American. 5%
Chesapeake&. 0.. 16 Northern Pacific" 4%
Chicago Gas ...... 68% Do. pref ......... .. 14%
Cordage.. ..... 5% N. Y. Central .....
Cotton Oil........ 13% Omaha............ 43%
Del. .3: Hudson 0.125% Ontario & “’est .. 14%
Distillers‘ Trust... 17 Pacific Mail....... 25%
Erie...... ......... 15 Reading...........15%
General Electric.. 32% Rock Island ...... 71%
Hocking Valley... 15% Silver Bullion..... 68%

Lackawanna......163 St. Paul........... 79%
Lake Shore ........ 153% Sugar Refining. . .l22%
Lead . ..... ...... 25% .Tex'us Pacific. .... 8%

Louisville &. Nash 52 Union Pacific.. ..
Missouri Pacific.. 2424 Wabash pref ...... 17%
Northwestern ....104}é “’estern Union... 85

General Markets.

NEW YORK. June 19.—FLOUR—State and
western was dull and easy all the morning:
city mills patents. $2034.45: winter patents.
[email protected]; city mills clears. 54: Winter
straights. $3.4033AS.

WHEAT—No. 2 red opened easy and sold off
under weak cables, heavy northwestern re-
ceipts. foreign selling and liquidation, butlater
rallied on covering; J uly. %}é@63§v4c.; Septem-
ber, 63 546363540.

CORN-No. 2 was easier owing to good crop
reports and the early break in wheat. subse-
quently rallying on a short demand; July.
341-16c.

OATS—No. 2 were dull and nominal. with no
business reported up to midday; track. white.
state, 2i©27%c.; track, white. western. 24@27%c.

PORK—Dull; old to new mess. $8.25Zt9;
family. [email protected].

LARD—Easy; prime western steam. $4.40,
nominal.

BUTTER—Steady: state dairy. 10©15c.: state
creamery. 1196265150.

CHEESE-Quiet: state. large. 6@7c.: small.
“film/1c.

EGGS—Steady: state and Pennsylvania,
1232125604 western. 11@12c.

SUGAR—Raw quiet; fair refining. 3m...
nominal: centrifugal. 96 test. 3%9... nominal;
refined quiet; crushed. 5 9-l6c.; powdered. 536‘;

TURPENTINE—Steady: 2536@26c. bid.

MOLASSES—Steady; New Orleans, 29®36c.

RICE—Steady; domestic. 3%@60.: Japan. 3%
@4%c.

HAY—.Easy;

shipping. 60mm“ good to
ehoice.90¢. .

 

 

Advertise in the Gaznrrr. ..

_ . Advertise in the Gaznm. I

lie issue of bonds later.

 

 
 

MORGAN we 30an

l‘h‘e 1 Becker Tells HOW the Famous
‘ Contract Was Made.

I'he Negotiations W’ere Begun In New
York City—A Consultation With
President Cleveland—Attitude
. of the Foreign Bankers.

New Your. June flu—The special com-
mittee of the senate appointed to investi-
gate recent bond issues resumed its in.
quiry today in the Hoffman House. The
first witness cxamihed was J. Pier ,nt
Morgan, head of the house of J. P. or-
gan Sc Co. Mr. Morgan was at first ex-
amined by Senator Vest, but after a few'
questions Mr. Morgan suggested that it
would be better perhaps if he were allowed
to state just what his cohnection had bedn
with the bond issue, and that then the
committee (could p53 him any questions
they wishe . Mr. Morgan’s suggestion
Was concurred in. and he then proceeded
to ”state that his first connection with the
bond issue was on the 30th or Sistof Jan-
uary, 1895 when he received a letter from
Assistant Secretary Curtis of the United
States treasury asking him to meet him
on the following day at the subtreasury.
At the same time on the following morn-
ing .he received a dispatch from his London
house saying that the Messrs. Rothschild
had conferred with them on the subject of-
the financial situation in this country.
His London firm requested him to confer
with Mr. Belmont and if possible arrange
for his firm and the house of Belmont &
Co. to act together in endeavoring to do
what they could to assist the government.
Mr. Belmont called at his office just after
he received that dispatch, and he there
learned that he had received a similar dis-
patch from the Messrs. Rothschild. Mr.
Morgan and Mr. Belmont accordingly went
over to the subtreasury together and saw
Mr. Curtis and discussed the situation.
Mr. Morgan said he told Mr. Curtis that
he thought it was doubtful whether in the
condition of affairs then existing it would
be possible to get gold in Europe. Mr.
Curtis asked Mr. Morgan if he would be
willing to undertake a contract to supply
the government with gold. Mr. Morgan
said that he would on a basis which he
would determine during the day providing
a contract was made with the treasury.
Mr. Cdrtis returned to Washington. That
day affairs were culminating so that be-
tween 85,000,000 and $1,000,000 of gold
had been withdrawn from the subtreasury
for shipment to Europe the following day.

completing the. Arrangement.

During the Friday the news, however,
got out that the government was nego-
tiating with Messrs. Belmont and J. P.
Morgan & Co. for gold, and the gold that
had been withdrawn for shipment was re-
turned. At that time the available gold
coin- in the treasury had drawn down to
about $7,000,000 or $8,000,000. From that
time. said Mr. Morgan, it was fair to say
that until the completion of their contract
hardly any more gold was exported.

Mr. Morgan proceeded to tell‘ of the sub;
sequent steps tzdien for the cdhapletion of
the cortract. Mr. Curtis came on again
from Washington to this city and was in-
formed that the European bankers could
not agree to place any bonds in Europe at

HIS STATEMENT IN DETAIL. .

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“"3 @anwal . *3;

mean in do!

 

 

 

 

maw 'vonx office, 442 escrow“.

 

!

ANOTHER BICYCLE GWENAWAY!

ANNUA ‘ . .

commeucmc Tunnsnlvm'onumc, JUNE I8, l896.

L

 

 

 

It is the custom of large Dry Goods Houses throughout the country-
in the month of June to close out all remaining Spring Goods, and to 5:6?
duce the stock for inventory and to be ready for the Fall :‘Goods. In order
And

1:0 get you interested in this Grand Clearance'Sale, we shall giVe away a...

to do this we shall have a Grand Reduction Sale in all Departments.

First-Class Bicycle on Saturday Evening, June 20, at 9.30. Every purchaser

of Twenty-Five Cents Worth shall receive a Coupon Ticket.

BflSlflN call. u. Main and Wall sec

 

 

 

a less rate than 8% per cent.‘ Mr. Curtis , '

returned to Washington on Saturday even-
ing, and on the following Monday morn?
ing Mr. Morgan and Mr. Belmont received ‘
notice from Washington that the govern—
ment had decided to abandon the plan for
a private issue of bonds. Knowing the _
certain efiect .that would result if such an
announcement were made public, Mr.
Morgan caused Mr. Belmont to go at once
to Washington, and Mr. Morgan followed
him that afternoon. Before leaving this
city, however, Mr. Morgan arranged with
the secretary of the treasury to postpone
the publication of a notice calling for pro-'
posals for bonds until he could see him.

He represented to the secretary of the ~

treasury that he thought that Mr. Bel-
mont“ and himself were entitled to that
much consideration after their negotiation
of the previous week.

Mr. Morgan and Mr. Belmont saw the ’

president, the secretary of the treasury and-
other cabinet officers the following day,
and _ Mr. Morgan pointed out to them the
evil consequences that would result from ’

the inevitable delay that could not be ‘

avoided if public proposals for bonds were
to be waited for. It was absolutely neces-
sary, Mr. Morgan said, to get gold at once
in order to avoid a suspension of gold pay-
ment and a panic; that a private issue of
bonds need not necessarily preclude a pub-
Continuing his
statement, Mr. Morgan told of the follow-
ing negotiations as described by Mr. Bel—
mont and the execution of the contract by
which 3,500,000 ounces of gold were sold
to the government. He said that imme-
diate relief for the treasury was necessary,
and on his visit to Washington be im-
pressed t-hat fact on the president and the
secretary of the treasury.

Drowned Ten Thousand People.

YOKOHAMA, June 20.——It is now esti-
mated that 10,000 people were drowned
by the tidal wave on the island of Yesso,
the northern part d Japan, which was ac-
companied by a succession of frightful
earthquakes, lasting about 20 hours. I '
addition to the town of Kumaishi, which
was wholly destroyed, many other coast
towns have been washed away entirely or
in part. ‘

...—......_._. _.._ .

 

One Day’s Government Receipts.
WASHINGTON, J une 20.“—-Nationa1 bank
notes received for redemption today, $301,-
882; government receipts from internal
revenue, $499,489; customs, $253,274- mis-

cellaneous, $26,573. ,

 

 

k .. Q . . l ‘ bl\l {(3/3)
The Secrel of a B'eaulifu 8
Soft, white hands, shapely halls, and luxuriant
hair, with clean wholesome scalp. is found in the

erfect action of the Pours. produced by CUTI-

URA SOAP, the mast effective skin purifier,
and beautifier in the world.

fin f LOANS NEGOTIATED AND, INVESTMENTSMADE.

A POINTER...—

Is your plate glass or safe insured? If not, call on me and
1 will write you a. policy in the Mutual Plate Glass and see Insur-

ance Company. Glass will break and burglars use dynamite.

v

I ‘ ' f ‘ F" '
You should. be insured. A policy in the Reliance of Philadelphia
Phoenix of Hartford; Scotland 'Union of Scotland; New Hampshire of
Manchester; Rochester German of Rochester; United States and Pacific.

of New York; Security of .New Hampshire or Granite State of Ports;

mouth Will protect you against the fire fiend.

W. er. Burnsnou.

. Real Estate and General insurance, .

noon 1, Gazn'r-rr: BUILDING

a , ' - .

 

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Sold throughout the world. Pomn Dnuo sun Carn-
JOAL Conronrwu. Sole Proprietors. B ion ..

 

 

’ ——_+—CokRESPONDENCE spuc'lnsfn

 

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