Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1875-08-13

finds them, but it is now conceded to
he an impossibility to keep people
from going there. The Indians are
very warlike, but have agreed TO re-
main quiet until after the council of the
Commissioners sent out by the De-
partment. MIR. Cowan says if this
council should result unsatisfactory
for the Indians, he would expect moth
ing else upon their part but a general
outbreak.
The Affairs of Duncan, sherman d
90.
New YORK, Aug. IL.
A discovery mas been made that a
large mount of the indebtedness of
Duncan, Sherman & Co. is accommo-
dation paper in the form of drafts
drawn on them by a confidential
clerk in their office and accepted by
them and sold to various banks
through note bankers. OF this species
of paper probably not less than $780,
900 is now held in Providence, where
the family of Duncan has been long
and favorably known, and the agent
met with little difficulty in disposing of
it. One bank in this city holds $50, 700;
another, S35, 600, and still another for
$50, 000; besides small amounts in the
hands of numerous persons, the im-
pi eSsiOn OF the acceptors being that 1t
IA drawn against merchandise and
secured, but Duncan says the proceed
ings were entirely straight and has
been more or less the practice OF the
house for twenty years; that letters OF
credit for which the father of Duncan
has become responsible amount to
only about $50, 900.
A correspondent writing from Paris
says not a half-hour passes that he
does not hear OF cases of distress aris-
ing from this failure; probably the ma
jority OF losers are persons to whom
the event will be a real hardship, as
they have no reserve funds upon which
to rely. A widow who came to Eu-
rope a few months ago to reside here
and educate her children, deposited all
her money with Duncan, Sherman 81
Co., and took their letter of credit. She
has not ten dollars in her possession,
and there are rent and school bills due.
Her excitement and alarm is so great
that her friends apprehend insanity.
There are many teachers, students,
and others, in exactly the same condi-
ton, and they are not only in Paris
but all over the continent. AT least
four Americans who heard of the fail
ure before the news reached the Roths-
childs Agency secured their money,
and have retired from Paris to avoid
trouble. One of The foul was visited
by the cashier of the agency, who de-
manded the return OF the money,
which was refused. A policeman sub
sequently escorted the gentleman to
the American Embassy, where Minis
ter Washburn told the cashier he could
not make the arrest. You can only
seize his baggage, and ! advise you MOTTO
do that. The cashier concluded he
would wait, apologized and departed.
Two meetings of the Executive Com
mittee of the Western Union Telegraph
Company were held yesterday, when
it is believed were considered negotia-
tons for consolidation with the At
lantic and Pacific Company. Presi-
dent orion says: II am not prepared
just now to make any statement in re-
gard to the meetings." and Vice Presi-
dent Green says he don't think it right
that the doings of this convention in
all its details should be revealed with
out the permission of the president.
Accident in n Railway Tunnel.
BALTIMORE, Aug. IL.
A special from Stanton, Va, says
that as a freight train was passing
through the Big Bend tunnel, on the
Chesapeake and Ohio Railroad, thirty
feet OF the roof fell, crushing the en-
CINE, killing the fireman and badly
w%ounding the engineer. The accident
vas caused by a rock several tons in
weight being loosehed and hanging,
and when the engine struck it the
whole fell.