Port Tobacco times, and Charles County advertiser. (Port Tobacco, Md.) 1845-1898, 1875-01-15
bort q obacco ines
PORT CC(:
Friday Morning, January, Is, ,,....1875
The Changers yietimIcd!

to publish them ''fon the bnetit OF the
farmers of our county,"
From the Xenia NcSs.l
The various reports which hgve been going
the rounds of the papers in egard to frauds
perpetrated upon the grasses in various local
ities seem to have been 'yaitounded and it is
evident that the orgAni ieas have been vic
timized and swindled So; rge sums Of
money The follow :. som tt- Neto York
Bulletin, published in til. t5arinnati Gazsne of
Nov. 3D. estimates the loss to the California
oranges through Morgan, Sons, their agents,
at TWO HUNDRED THoVsAlo DOLLARS:
"The failure of MOrgsns Sons, San Francis
co, it now turns out is worse than at first an
nounced Not only didibe firm owe the An
go-San Francisco Bank aearly $500, 600 in
gold, but also the grauafS as much more in
margins on wheat alreaiy sold in Liverpool
and as advances on that elivered by them on
board vessels in san Franisco not yet shipped
On the part OF vessel owngs. whose charters TO
the frm must now he cIneled, the loss is said
to be fully 500. 600 in taght money, as there
are some seventy shipsset 10 arrive. besides
fifteen in port-Voaded hud partly loaded
chartered. generally. at ~ to Liverpool. Upon
tine seventeen ships loatd by the firm this sea
son and dispatched for Europe, there will he
il i said. another l0u200 difference 10 come
out Of the owners Of thFwhcAt. doubtless. IS il
IS claimed the latter cafsnd will be held 10y the
vessels on arrival al Liverpool until their
owners are irdemuiie1 Thus il would appear
fully $500. 600 in gold ia he the minimum of
their liabilities OF tbi- assets nothing can
be learned hv the farrrrs, who are said to De
in san Francisco in free looking after their
money L; is ascertaI>el that the firm owes
them heavily, despite frmer lntna,iuns 10 the
contrary.
In the commercial olAmunity the failure
would seem To he regard as the natural, if not
foresccn. result Of the reAiess manner in which
an mex pcric0ced junic member Of the firm
conducted the husine-sla San Francisco vet
so great Wa the Pres,ie of the house from ITS
former management utcr its founder, Mr..
Morgan. that il enjoya in large degree the
confidence OF the iai community. The
collapse Is likely to unsGile TIE WHOLE GRAM
TRADE or TIE PACIFIg CS>sT; and unless some
exporter comes in and tIys the farmer wheat,
il is difficult 10 say wins Will be the effect on
prices The freight msket Of san Francisco
IS also demorlIized. ant numerous, uncertain,
and expensive litigatas are likely to ensuc
between the owners ofre wheat and the ship
owners if they a,tcmpt bold the grain for the
Indebtedness Of Morgan SSons. As we have
said before before u. ,. - ser, serious us one ",5 IN
THE en,>eres .vErYwu as--a suspicion tha,
,heir present TolIcy is peculiarly calculated 10
produce irsi S.ch results policy which must
always cx,.ase thcm 10 bc yictimzcd by those
they must trust 90 10 that part OF the business
which the. themselves have attempted to do,
bat Of which ihcy are necessarily ignorant.
The cirr7naaa Ga.rt'> Of Ociohcr 2o, com
mcr,s as follows:
The .raugcrs are having a sorry time of il
in California in their attempt 10 control the
markets Tor their productions, and they have
ridden their hobby OF getting rid o: middle
men until IT has throw them. IL il only the
logical result u the course they have pursued,
Il.t il i none the less disastrous 20 them. To
add to their troubles. the Murgaus Changers
BANK. OF >an Francisco, sxatyh was the hnan-
clHi a-rnry OF The eTAogcrs, has failed. Had
the farmers sold their " hNgi In the usual way.
they could have contracted with responsible
English firm, for a. large part OF their crop AT
= 60 per GENITAL, delivered in san Francisco,
but they exported on their own account TWEEN
~ cargoes. and are about to ship some forty or
fifty more, with the probability that i; vii! not
Tc,iiZ" within - TeF cent. Of the price which
they might have obtained.
REPORTED pEFALCATION OF THE
TREASURER OF MISSOURI STATE
GRANGE.
SI-.cia! Telegram To Cincinnati Comm, rcial.
ST LouIs. November 20--Reports have been
in circulation for few DAYS that E. I. Quiseu-
berry, Treasurer OF the State Grange of Mis-
souri,, was "A dctHultcr 70 the amount oi twenty
thousand dollars. TIE ErtHHg UispGtch to-
dav has information believed to lie reliable re-
gurding the matter, which IS to the effect that
At a recent meeting OF the State Grange nj
Kansas City, Mr.. Qui>cuberry was called upon
for the whole sum in the treasury. twenty
thousand dollars, 1t being wanted TO invest in
a mandatory. 1t came ont that Quisenherry
had invested the funds Of the grange in various
ways, and that they could not he realized
at once. He raised four thousand dollars cash,
and has since given to the executive board OF
the grange deeds OF trust on two farms, said TO
lie Worth eighteen thousand dollars. and ex-
ecUtcd a bond of personal security, which has
been accepted by the board, and has agreed to
pay the whole amount by next July.
A special dispatch TO the Chicago Tunes
dated st. Louis, Nov. 10, referring to the en-
bczzlement of the Missouri State Grange funds.
says:
The leading grangers of the State are en-
dcaNOrlng to keep quiet the Tact discovered a
few DAYS ago. but not hitherto mentioned in
the new wspapers. that the entire funds of the or
der in Missouri, amounting TO $50, 600, have
been mis-appropriated. The State Treasurer of
of the order since lis establishment has been G..
T. Quiscnbcrry, an extensive farmer and stock
raiser of Mexico. i'll AUdrIan county. Quisen-
berry was also the candidate for Register of
Lands on the anal gamated State ticket OF the
Republican Peoples Party. 1t has been OBJ
served by one or,two of the State officers of
the grange that Quisenberry during the past
three or four months has been spending good
deal of money and investing in Improbable
real estate. At the secret meeting OF the State
Grange, at Kansas City, three weeks ago, the
matter of funds was called up, and very uneX-
pectcdly the State Treasurer was asked to pay
over the entire amount called for in his report
aboat $50, 900, on the ground that the grange
proposed to put it in a manutactory. Qusen-
berry was brought to the scratch, and finally
confessed that he had been speculating with
the money, and most Of il was locked up so
that he could not get at it on short notice
without heavy sacrifice. The grange then de-
manded that he at once pay over 81, 900 TO
MEET THE EXPENSES OF THEIR WEEK S SESSION AT
KANSAS CITY Even for this amount the treas
urer had to depend on friend, A. Il. Ringo
President of the Farmers and Traders Bank
at Mexico He drew check on Ringo, and il
was met. Quisenberry then hurried back to
Mexico, and, paying no more attention to the
political canvass, devoted himself to Straighteu