davidaulloa/AmericanStories huggingface dataset:
Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1873-09-25

fidence destroyed, in those enterprises
which have been manipulated, and the
people approach new measures with
caution and circumspection that renders
speculation improbable.
The truth is there must be revolution
in much of the business of the country,
and the sooner it comes the better for
the people. Extravaganza OF expendi-
ture must be checked and curtailed;
strict economy in the management OF
public revenues as well as individual
business, be inaugurated and the public
confidence be restored by demonstra-
ton that it is deserved, through honor
able dealing and display of strict bust
ness integrity. There can be no doubt
but what public defaulters and breaches
of sacred trusts, are going to, hereafter,
be met by sterner justice and more
determined punishment, and if any one
feels an inclination to inappropriate
trust funds or indulge in reckless ex-
traYagance, let him remember that there
is retribution in store for him, that will
be meted out with eXactness, and I'M
faltering determination. Speculations
and gambling in fancy stocks was a
great incentive to extravaganza, and
they should go down together, and with
the return to an economical course of
life and an honest mode of trade we
shall expect to see these unholy schemes
of gain go down in disaster to those en-
ga1ed in them and aiders and abettOrs,
who loaned them money on worthless
colaterials.
The ''bears" of Wall street appear to
have been acute this time, and have
taken advantage of the rising storm, to
make money in this topping of the
strong fortresses of the stock exchange.
They were fully organized and prepared
and will make millions on their short
sales, unless they have overdone it, so
that their victims cannot pay their losses.
A few days more will be necessary to
fully appreciate the extent of these dis
asters and point the results, and we
hope and expect that while legitimate
business will suffer, it will come out of
the storm with a valuable experience
and lesson, that will start all on the
road of retrenchment and reform, and
by inspiring careful dealing, strict econ
omy and constant integrity, build up
that necessary public confidence, which
reckless speculation and extravaganza
have ruined, and which has brought this
disaster upon the guilty and innocent
alike. The time is soon coming when
merit and honest worth will be recogniz-
ed, and fraud and extravagant misman-
segment will be punished.
Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1873-09-25
The vermont Academy.


Mr.. Mial Davis, of Burlington, the
Treasurer of the new Baptist Institution
at SaXton's River, makes the following
interesting statement of the affairs OF
the school in the Free Press:
The first subscription was made by a
lady of the Baptist Church of this city.
The citizens and former residents OF Sax
tons River subscribe $4,000, and the
Academy is to be located in that village.
The members of the firm of J. Estey &
Co., Brattleboro, give 100000. The
financial agent, Rev. w. N. Wilbur, has,
as yet, visited only portion of the
State, but has been received with gene
raj cordially. Subscriptions have been
made from ten cents to $4,000. Mr..
Wilbur has been spending a few days in
this city, and he has effected this morn
ing the completion of the subscription
of 800. 900 for the endowment fund.
The Baptist church of this city contrib
utes $40, 455 % of this amount. The
subscriptions to this fund are now bind
ING upon the subscribers, according to
the terms of subscription, which are as
follows, viz: All sums of 800 and over,
payable in one, two and three years,
with interest from time of first payment.
All sums under 800 payable in six
months, both to date from this day-the
condition of raising 100000 having
been complied with.
About thirty acres of land have been
secured in the village of SaXton's River,
including an elevated table land and q
number of fine groves of trees where the
Academy is tor be located. The agent
will now turn his attention to securing
another $4,000 for grounds, building:
and apparatus, on which several sub
scriptions and pledges have already beer
obtained. 1t is expected that plans fol-
building will be adopted during the pres
ent fall and winter, and the building:
commenced the coming spring.
Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1873-09-25

demand for money was incessant. but
if the drain in New York was severely
felt, it was felt still more severely in
Philadelphia. The Philadelphia house
was compelled to call upon the New
York house for aid, and large amount
of assistance was rendered. Unfortu-
nately the Philadelphia house had come
under large advances to the Northern
Pacific Railroad Company. These adj
vances, involving large sum OF money,
prevent the firm from maintaining the
amount of reserve which was ordinarily
kept by them, and they were therefore
unable to respond to the demands OF
their creditors. For the same reason
they were unable to return to the New
York house the advances made them by
them by the latter, or to supply them
with any collaterals available in this city
at the present time. Owing to this ac-
emulation of evils, uncovered advances,
and the perpetual drain upon the cash
deposits, the cash balances became ex-
hausted, and supensien became ineyita-
bic. The different members of the firm
were possessed of large amount OF
private and personal property, but none
of this was available in an emergency
such as the present.
He was not at the present time. nor
was any member of the firm prepared to
state the exact amount of the liabilities
of assets of the firm he believed that all
the creditors would be paid in full, and
hoped that the suspension would only
be temporary On this point nothing
could positively be said at present, and
some fine must be necessarily elapse be-
fore the exact amount of the private
property of the firm can be decided.
MI Fahenstock also said that the sus-
pensi,n of the New York house would
not eject the London house of Jay Cooke,
Mccullough 81 Co. Their business, he
said, is very conservative and is entirely
separate from that of the New York
fina They have, moreover, he says, q
lar cash surplus, and their exchange
and letters of credit will not be affected.
Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1873-09-25
Reasons Given for the Failure of
Jay Cooke & &c.

The following are the reasons given
by Mr. Fahnestock, one of the firm, for
the suspension of their house He says
that for several weeks the uneasy feel
ing which prevailed in connection with
new railroad schemes caused heavy
drain upon the deposits, both of their
Philadelphia house and the house in
New York. The deposits in both cities
suffered a continual diminution, until at
the beginning of the present month their
deposits were lower than at any time
during the seyerest stringency of the
money market during last fall and this
spring. The strain upon the, deposits,
already. so heavy; was still further in
creased by recent suspensions. and the
Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1873-09-25
Westerm wealth and Power.

The fifteen states washed by the Ohio,
Mississippi and Missouri rivers gives
the following aggregates of wealth and
power in Congress, by the census of
1o-n
Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1873-09-25
'Ehe PoIaris Crew.

New YORK, Sept. 10.
Up to eleven o'clock last night nothing
had been received at the naval depart
ment from Dundee relative to the crew
of the Polaris 1t is thought Budding
ton telegraphed to A1aloy at st. Johns,
though it was the duty of the counsel at
Dundee to telegraph TO the state depart
ment the earliest particulars. Counsel
McDougal at Dundee.will be instructed
to report the exact condition of the Po-
laris survivors, and draw on the state
department through London agencies for
the amount necessary to pay expenses
already incurred. Buddington and 9TH
ers with him VIII be ordered to report
at Washington without delay. Sergeant
Myers, one of the first survivors of the
Polaris, says his party are satisfied Capt.
Hall died a natural death. He says the
fault of non-success lies with the COM
mander. Before arriving at Disco, Hall
enjOined Myers to drop all matters in
reference to the position of meteorolo-
gist, astronomer and general member of
the scientific party, and attend solely to
the astronomical part of the vessels
navigation, and especially to keeping
Halls journal. DR.. Bissells on his part
claimed Myers services also, and en-
joined him to do the principal part of
the scientific work. Hall and Bissells
consulted about it in a friendly manner,
and the consequence was that Bissells
informed Hall that he should return to
the United States, and he (HalD would
send Myers back there as he had limited.
The chief engineer hearing this, declar-
ed he would leave if Bissells returned,
and the crew were generally SO disposed.
Myers then told Hall he was ready to
fulfil his desires rather than be the
cause of dissension. Hall agreed, and
said if he would keep his journal he
might to as much scientific matter as
would offer itself So ended what has
been construed as mutiny.
LATER. F.
Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1873-09-25

WAsuINGToN, Sept. 1

WAsHINGToN, Sept. 10.
A telegram received at the state de-
partment, from Consul Reed at Dundee,
states that the Polaris survivors arrived
destitute. Consul Reed has been instruc-
ted to care for the survivors, and send
them home by the first steamer.
The Portland daily press., 1873-05-07
Cause of the Bridge Disaster.
Number Of Persons Killed Now Estimate,
nj 1S-WOundeG 30.


CHICAGO, May 6.-The following extracts
from an extra published yesterday morning by
the Sterling Mills Gazette, will give a clearer
idea OF the m amer and direct cause of the
Dixon bridge disaster than anything before re-
ceived:
'The people were closely crowded on the
footway, and the immense weight, all on one
side, was too much for the bridge. One of the
cap stringers snapped assunder and allowed the
north section to sag from the abutment, plung-
ing into the river with its living burden. Be-
tween thc foot and wagonway was a network
OF iron braces about nine feet high, and this
toppled over on the mass of humanity who had
been thrown into the river, and by it men, wom-
en- and children were pinoned beneath the wa
ter, without power to help themselves and toe
firmly bound by the weight of the iron to be
aided by their friends. 1t appears that the
make each section depend on the other for sup
port, and when the north section gave way the
balance sagged between the PIERS making a
complete wreck of the structure. So far as
known no fatal causalties occurred on any sec
ton but the first, though several were severely
injured by being crushed between the iron
work"
Special dispatches received here are filled
with incidents attending on the fearful calami-
ty, but add little to the main facts already tele
graphed. The number still kno wn to be miss
ing, added to those bodies recovered make the
list of killed rs; wounded 80.
Dixon, ILL.,, May 6.-Efforts to raise the
spans of the fateful bridge have proved abor
tive, the powerful machinery bre aking the rot
ten structure but not raising it sufficiently to
allow the bodies that are supposed to be under
the ruins to be recovered. Only one body,
that OF Mrs. G. w. Kelner, was recovered to-
day. There are sJill missing the following
Mrs. Nixon, Frank Hamilton. Allie Peters
berger, Lizzie Mackay and child of Mrs. Hen
drick. Six funerals occurred to-day
The Portland daily press., 1873-05-07
MINOR TELEGRAMs.

The Ohio Assembly has adjourned sine die.
The report that Mr.. Sidney Westerns to go to
Vienna in connection with the affairs of the
commission is entirely without foundation.
VIM. McWaler, who broke into the WyOm-
ing, Neb, post Office and killed Judge Wolf
has been arrested in Kansas City
The 21st Massachusetts regiment held re-
union in Worcester yesterday.
The local prohibition bill, not excepting
lager beer, has passed the New York Senate.
Incompetent bookkeepers in the St. Louis
pension office, made mistakes that compelled
the agent to pay the government SS22, 900 out of
his pocket to make good the apparent deficen-
cy.
In consequence of the decrease in the num-
Der of Carlists in the north of Spain, General
Nouvalis has decided to remain in Madrid
and accept the Ministry of War.
The government OF Greece has resolved to
abolish its legation in foreign countries ex-
cept at Constantnople
Gen. Sherman says that there need
be no apprehension of general Indian war;
and says he has no fears of anything like q
general outbreak even on the Pacific coast.
Archbishop Bayley is lying quite ill at the
Episcopal residence in Newark, N. J..
The schooner Arnica of st. John, was lost at
sea on the Sd inst, and the captain and a sea-
man named Riley were drowned. The cook
and one man have landed at Vineyard Haven
A Pittsburg dispatch reports iron as having a
downward tendency, and few manufacturers
are buying for future delivery. The orders are
very light as contrasted with this time last wear
A boiler explosion at Syracuse, N. Y, Mon
day afternoon, caused the death of Joseph
Germon, and injuries to eight others. A por-
ton of the boiler was thrown sixty rods and
demolished a house.
The sonambulist boy Fitz was examine Tues
day, at Gambia, N. H., and held to bail in $500
His fathe gave the bond and took him home.
The Oath annual meeting of the American
Medical Association commenced in st. Louis
Tuesday. There were $50 delegates. DR.. Il.
NJ. Logan OF Sacramento presided.
One man was killed land several injured op
struck by lightning Monday night at New Or
leans.
The Swiss government has ordered the police
to expel Carlists from that State.
The business portion of Trenton La was
burned Tuesday. Loss $500, 900; insured for
$4,000. -0-
The Young Mems Christian Association of
New Hampshire at Nashua is an enthusiastic
body. 1t marched from the hall where its Ses.
sion was held Tuesday evening. to church
singin "All hail the power of Jesus name D
The Earl OF Zetland died in London yesters
day. Aged IS. 'o''0i'
George Francis Train has been pronounced
sane ana responsible for his acts, ard will be
prosecuted for publishing an obscene paper.
a large meeting to endors the action of the
people OF ST. Martinsyille was held at New Or
ieansaInesday, and addressed by Hugh Camp
The assets of the Arkansas Insurance Co.,
not pelng sufficient to pay liabilities the COM
y pany mas peen suspended from doing any busi-
i, Fl, PRESIDENT Grant spent Tuesday at Geneva
The Portland daily press., 1873-05-07
Superior Court.

MAY TERM, sYMoNDs. j., PRESIDING.
TUEsDAY.-The May term commenced this morn
Ing. Prayer by Rev. A. X. P. Small.
The grand jury, which is the same as last term,
were present, sixteen in number, and Immediately
entered upon their duties under the direction of
County Attorney Mattocks.
Two traverse juries were impanneed.
During the time the grand jury is in session civil
business will be in order. The breach of promise
case of Whitney VS.. Chute will be taken up Wednes-
day morning.
Hereafter civil business will not be in order dur ng
the criminal terms except at the May term when it
is deemed advisable that parties should have the op
portunity, in cases where questions of law likely
to arise to have the actions disposed Of that they
may be entered at the next law term. Otherwise, in
such cases as go to the law court, continuance from
May to September delays judgment year.
After the criminal business is disposed of the civil
docket will be in order and disposed of the same as at
any civil term
The Portland daily press., 1873-05-07
THE LOUISIANA MUDDLE.
A Bad State of 1Afairs-EioG,lshci Not
Improbable.

improbable.
NEW IBsIRA, May 6, II a. m.-The Metro
pollltans took quiet possession of ST. Martins
ville sunday noon. During that night two
metropolitan scouts were dangerously wounded
IN tne suburbs lof that town, one of whom
mass mas since died Skrmishing has been constant
% slnce. a conference between the leaders of the
Gontendlng con dnn|g / forces was held yester-
oay, curing which the Metropolitians
wan wanted to know who of the officers
tney Were about to install were object.
tlonable to the people and what thew wanted
The residents replied that the men were sat-
lsfactory it commissioned by Governor McEn-
cry and that the citizens only wanted tho Me-
tropolltans to leave the town and NOT interfere
with their local affairs. The women and chill
dren are still in town. Kellogg's indoe in
company with his district attorney and Con-
gressman Darrell have gone to ST. Martinsvile
70 open court to-day. The citizens force is va
riously estimated from 200 to 400 men, withtwo
piece pieces OF artillery. The report was circulated
!nls morning that the Kelloggites are organic
ing negroes and consequently the entire popula-
n Iioh are watchfnl No general engagement has
yet occurred. Business is generally suspended.
"A severe storm has prevailed since yesterday.
NEW ORLEANS, May 6.-!The news from St
Martlnsville and adjoing parishes creates much
excitement here. It is understood that move
ment m Is on foot to seize the police station while
the Metropolitans are IN terror. Political COM
phcatlons are increasing The resisters claim
M IsaS they are daily gaining strength while the
heinoggltes aver that all opposition is disap-
The Portland daily press., 1873-05-07
MASSACHUSETTS,.
Serious Illness of Oakes Ames-SIight
Hopes of His Recovery.

Hopes of His Recovery.
BOSTON, May 6-Hon. Oazes Ames was at
tackled by paralysis at five o'clock last evening
at his residence in North Easton, and remains
unconscious this morning. The local phys-
clans and two noted practitioners from Boston,
who went out on special train, remained with
him last night. The symptoms are dangerous
in the extreme. Mr.. Ames has not been
able to attend to business since Tuesday, and
was at his Office for the last lime on Wednes-
day, when he was obliged to go home for rest,
but no apprehensions were felt for him until
last night.
DIR. Edward H. Clark, who attended Mr.
Ames last night gives but slight hopes of his
recovery, for the reason that his system has
been weakened by kidney trouble of five
years existence that threatened to terminate in
Brights disease. Mr. Ames is SO years old
NORTH EAsToN, May 6-Midnight.- There is
no improvement in Mr.. Ames' condition. He
is gradually failing The doctor thinks there
will be no great change tonight
Killed.
VIM. Eatoh, employed on the Old Colony
railroad, was instantly killed to-day, while
shackling cars at the South Boston Station
Various Matters.
Chief State Constable Boynton has issued
orders to his subordinates to enforce the new
prohibitory law against strong beer and lager,
which goes into effect to-day.
The Boston Post has purchased for its new
building the site of the birthplace of Benjamin
Franklin, a lot adjoining the Transcript estate
on Milk street.
The Portland daily press., 1873-05-07

FAIRY SIsTERs.-To-day we have visitors
from Liverpool in the shape of the wonderful
fairy sisters, Cassie and Victoria Foster. These
girls are unquestionably the smallest perfectly
formed human beings of whom there is any
record. Cassie, who is ten years old, weighs
but twelve pounds, and Victoria, who is three
years DID, weighs only six pounds. One of our
exchanges calls them the tiniest, trimmest,
neatest, nattiest little figures who ever breath
ed the breath of life. Another says that they
are tiny beyond the conception of any one who
has not seen them The effect Of their presence
can only be described as that of dolls endowed
with life The exhibition is an altogether
unique and pleasing one, and those who fail to
see it will miss sight which is alike wonder
full and interesting. They are bright, active
and intelligent,and their unapproachable small
ness amazes aid astounds all beholders They
exhibit every afternoon and evening of this
week at Fluent Hall. Tickets are now for sale
at Stockbridges'. They will be assisted by the
famous Duel family. The levees will undoubt-
edly be crowded
The Portland daily press., 1873-05-07
CITY AND VICINITY.
New Advertisements Te.Day.

AUCTION COLUMN.
Teas, &c-J. S. Bailey & Co.
SPECIAL NOTICES.
Pleasant to think Of Geo. Fenno.
Railroad Laborers Misunderstanding q Lynch
Howard Association-Pettengill g. Co.
No Postponement-Hostetter' Bitters.
NEW ADVERTISEMENTS
To Owners of Real Estate-F. G. Patterson
Sheriff Sale-I. w. Parker.
Jurubeba-Daucy & Co.
Taylors Announcements.
For Sae-Lyman F. Walker
Wanted Immediately-GirL
Gems of Strauss-Ditson q Co.
Administrators Notice-Francis F. johnson.
New French Root House for Sale.
Wanted-Servant Girl.
To Let-Large Chamber.
Wanted-Capable Woman.
Valuable Lots for Sale.
Spring Opening-Geo. c. Robinson g. Ce.
MISCELLANEOUS NOTICES.
Boots and Shoes-T e. Moseley & Co.
The Portland daily press., 1873-05-07
legislative Caucases.

HARTFORD, Conn, May 6.-Legislative eau
cases were held tonight. The Democrats of
the House nominated Hon. w. W. Eaton, of
Hartford for Speaker by aoclamation. The
Republicans of the House nominated Jno. T.
Waite, of Norwich, for Speaker The Senate
nominated Hon. Allen Tenney, of Norwich,
for President pro tenn, and the Democrats NOM
mated P. B. eBarton, of Salisbury. The Re-
publican nominees in the Senate, and the Dem
ocratic in the House will of course be elected
The Portland daily press., 1873-05-07

NoTIcE.-The manufacture of cigars of E.
Ponce is on Market Square, No. 16, up stairs,
under the name of N. G. Thompson, which we
will keep up my own brand of cigars suitable
for any market for quality and prices. The ci-
gars will be sold at E. Ponce's cigar store, cor
ner Middle and Exchange street.
Yours respectfully.
E. PONCE.
my5-1w NC. THOMPSON.
The Portland daily press., 1873-05-07

CHANGE OF BUsINEss,-Mr. c. H. Stebbins
of 800 Congress street, who has built up one, if
not the best cigar businesses in the State of
Maine, has sold out to his late foreman and
manager, Mr.. Robert Nathan, toa whom much
of Mr.. Stebbin's success is attributable. We
are sorry to lose gentleman like Mr.. Stebbins
who could build ups good and genuine cigal
business, but we welcome the new beginner
who will doubtless fill the place.
The Portland daily press., 1873-05-07
METEOROLOGICAL.
PROBABILITIES FOR THE NEXT TwENTY-FouR
HOURS

HOURS.
WAR DEPT, OFFICE CHIEF SIGNALl
OFFICER, Washington, d. c.,
May 6, s (P. NJ }
For the Gulf and South Atlantic States, and
thence to the Ohio valley, north-easterly and
weather and rain, clearing in Texas and Louis
lana tomorrow; for the northwest and upper
lakes, and thence to Ohio and the lower Mis-
souri, valleys, northeasterly winds, falling bar
ometer, cloudy weather and rain; for the lower
lakes, northeast winds, partly and increasing
cloudy weather; for the Middle States, north
east winds, high barometer, falling by evening,
partly cloudy weather with occasional rain in
Virginia; for New England and Canada, gen
orally clear weather till afternoon, with in
creasing cloudness and northeast winds. Cau-
tionary signals are ordered for Savannah, Will
mington, Charleston Norfolk, Cape May, Tole-
do, Detroit, Cleveland, Chicago, Milwaukee
and Grand Haven.