The daily Argus. (Rock Island, Ill.) 1873-1877, 1874-11-28
A Mother in Penn, throws
her Infant into the river.
"a Man in Wis. chops his
wife's head of.
A Negro Hung for Outrag-
ing a White Woman.
Accidents, Five. Robbery,
Etc, Etc,

anxiety here to know the verdict in the
safe burglary case. 1t is reported, with
some show OF correctness, that severa
notes passed between Harrington 5 friends
who are on watch outside of the jury room,
and the jury. 1t is reported that the Jury
stands ten for acquittal and two for con
vlction. Card playing, psalm singing and
discussion occupied the time Of the Jurors.
Rumors are prevalent that sign tele-
graphing is going on between the jury room
and people of the Harrington party out.
side. At ten O'Clock the jary retired for
the night without verdict.
WASHINGTON, Nov. 27.-The Jury in
the safe burglary case did not announce
their verdict and it was stated in court that
an extension of time would be granted to
make up verdict.
At 2;;2O this morning the jury came into
the court ROOM The Judge questioned
them upon the verdict. The foreman said
they had agreed as to one of the defend.
ants, but there was no reasonable proba-
blty that they would agree on the others,
The Judge then cautioned those present
agalnt any demonstration when the verdict
was announced, and the foreman announc-
ed the verdict: I'VE agree that Arthur
Is. Williams is innocent aud cannot agree
upon Whitley and Harrington" "
The jury weie then discharged. The
Judge ordered the clerk to continue their
recognizance till the next term. The court
then adjourned.
A colored juror divuiged the fact that on
the first ballot they stood eight for acouit |
tai and four for conviction in Harrington's y |
pinn fnr aop,,,tt al and th,oo
vction in Whitley case. Craig stood like
a rock, for conviction, though cursed revil-
ed aud intinidated by every plan the on
posing jurors could devise.
The annual report of the Comptroller of
the Currency shows that during the past
year seventy-one national banks have been
Three banks have failed and twenty
gone into voluntary liquidation. Actual
increase of national bank circulation dur
ing the year, $3,5T6 267 total circulation
outstanding Nov |, 1851, 1927 ,246, leaving
over $4,000, 900 yet to be issued. Appll-
cation has been made for the organization
,f sixty.four national banks, beside the
'orty-six organized since the passage of the
act of June 20, 1874. Amount issued to
banks in Iowa since that date, ,$2l 800 to
hose in Illinois, $406. 600 Amount author
zed to be issued to banks already organ
zed, So. 900. and to be issued to pro-
posed organizations, $4,50O,000, of which
illinois receives $495,OO0 and Iowa $3l5,-
100.
The controller of the currency says if
congress should provide for the withdraw
Il of legal tender notes and the issue of
rational bank notes as needed in the place
hereof, when the amount of legal tenders
hould be reduced to 100000, 900 they
would be in demand in proportion as they
we're reduced in amount. The demand
or them would increase until finally the
mount of bank notes issued would exceed
" far the legal tender outstanding,
sold coin would then make its appearance
u answer to the demand for an additional
amount of lawful money, and specie pay
nent would follow. Redemption in its
roper sense implies exchange, promise
o see pay for a thing promised, namely,
@, n or its repre- eltative, which is conver-
ibe into coin on demand. This redemp- ,
ion would contine banks of issue to their
agitimate business, namely, discounting
parer. If the payment of
ank notes be frequently demanded, banks ! !
issue cannot safely invest their capital in !
cal estate loans or other securities of the
ind, out must have capital always invest
d in loans that will be paid promptly at -
Iaturity. Such condition indicates health
III business and promotes sound banking,
nd the reduction of the amount Of legal
ender notes, accompanied with such in !
rease of national bank notes as may be
equired, will secure the proper system of
edemption, render free banking practica. A
le and gradually restore specie payments
ithout necessarily decreasing the amount
the circulatiyc medium. The controller
ecommends an amendment TO the act of
Iarch g. 1919, providing that if any share
older of bank whose capital stock is im- c
aired shall refuse after three months no IA
ce to pay an assessment as provided in -
3ctiOn first, the amount of his stock may
: sold to make good the deficiency Also
I amendment extending the limit of the
abilities OF any person, firm or company 9
II money borrowed from ten per cent of (
Ie capitalp paid to fifteen per cent and sur
Us tor banks located in redemption cities,
ID one tenth of the capital and surplus
r other bInks. Also an amendment
ne deposit Of more than ten
5r cent 81 the capital OF a national bank
it'll ahy private banker, or person or as
citation other than national banking as !
citation. Also the repeal of the two cent A
amp act.
YANKToS, d. T., Nov. 27.-The official
nvass of the late election shows the vote b.
T delegate to Congress to be. as follows: e.
idder, Republican, 4,597; Armstrong, b
2ls9. (,
MILWAUKEE,. Nov. 27.- Proceedings d.