The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1877-10-24
DEMOCRATS,

New hampshire. ............ Walleigh
We" W: ork Conkling
Onio '.....'... .......... Matthews
4 oregon -. Mitchell
Pennsylvania /. Cameron
South Carolina. Patterson
veruaohC. ........... ....... Morrill,
"i'e''si' ''.''.'. ..'..'.e. " Howe
Of these % States it is now certain
that Alabama, Arkansas, California,
Georgia, Florida, Kentucky, Maryland,
Missouri, North Carolina, Ohio and
South Carolina will return Democrats.
while it can only be said to be Ger.
tain that Iowa, Kansas, New Hamp.
shire and Vermont will re-elect Re-
publicans, and it is only by an excess
of fairness that New Hampshire is in
Icluded. The Democrats are therefore
certain of getting eleven where they
will only lose six senator's, and as Lou
isiana, which has now no representa-
tive in the Senate, sends new Sena-
tor in March, 1879, the Democrats can
be said to be sure of IL new Senators.
Now as q Democrats and only % Be-
publIcans will hold over, without
counting Davis Of Illinois, whose DO.
sition is not definitely known; or the
two Senators from Louisiana and
South Carolina, who have not yet been
admitted, it will be seen that the Dem
Gratis are already sure of 80 votes after
March 4, 1879, and have not to carry
single one of the doubtful States to
get majority. This will be the case
even if Kellogg and Corbin are seated
and Davis votes with the Republicans.
If, however, Davis votes with the
Democrats and Spohord and Butler are
admitted, the Senate will be Demo-
cratic By 8 majority, even if Republic
can Senators should be returned from
Connecticut, Illinois, Indiana, Nevada,
New York, Oregon, Pennsylvania and
Wisconsin. 1t will be admitted that
there is not the faintest possibility of
this event and there is something more
than possibility that Democrats will
he elected in every one of these eight
states classed as doubtful. This would
! give the Democrats "a majority, as
the vote would stand so Democrats to
&c Republicans. and it will indicate
what an extraordinary change in power
is soon to be brought about by the will
of the people, st. Louis Republican
A CURIOUS BIT OF RoMANcE.-AI
curious bit of romance, indirectly con-
nected with the failure of the Mer-
chants Loan and Trust Company, of
Paterson, New Jersey, has just come
to light. 1t seems that last winter an |
elderly widow of this city, a Mrs.
Woodruff, living in East Forty first
street, applied to Mr.. Preston, as
treasurer of the company, for loan on
certain Paterson real estate. She was
refused, but she came again and again,
accompanied by her daughter and Mr..
H. B. Fenton. Their story was this: !
"Mrs. Woodruff had been left with
very handsome property, $4,000 or
$4,000, and upon the marriage of her
daughter $4,000 or 100000 more
would come into their possession.
In anticipation of this they had lived
beyond their income, and were "short"
of ready money. The daughter was
to be married on February %, and
money was needed to complete the
preparations; $4,000 would be suffi-
Gent, and then the newly-acquired
property would be placed in the Gus
tody of the Merchants Loan and Trust
Company, as trust fund, to remain SO
indefinitely, to the great advantage of
this institution" In consideration of
all these inducements, and upon the
assurances of several New York bro
kers that the representations of the
Woodruffs were correct, Mr.. Preston
lent Mrs. Woodruff $4,000, without
other security than her note, Endorsed
by Mr.. Ferton. On February % the
daughter was ill, and the marriage had
to be postponed, making necessary
another loan of 1000 to the ladies so .
rich and yet SO poor.
Again the day was set, but this time, I
oddly enough, the bridegroom was I
unable to be present. In short, the i
has not taken place yet, and {
the Merchants Loan and Trust Com :
pany hold $11, 900 of Mrs. Woodruff's +
unsecured paper, and that lady's fail. a
are to meet her obligations was large q
y the cause, Mr.. Preston AYERS, of the
untimely collapse. Enc E
mics of Mr.. Preston have iutimated
hat this loan was not altogether
square" on his part; that he profted
~ it to the detriment of the bank n
,ut the evidence on which these insin- ;,
lations are based has not come to .
light. James Frederick Preston, the =
reasurer and one of the directors of ).
he late bank, gave q bond to the .
eeeiver to-day to indemnify the 6.
toekholders and depositors for any =
money that may have been lost to y