Catoctin clarion., 1877-11-01
A WISE MEASURE.

Through the shrinkage of securities
and the knayishness of their officers
combined most of the prominent
life insurance companies have gone
into insolvency. A couple of scores
Of savings banks, both in the east and
west, have gone down in the same
boat to ruin carrying with them the
precious savings Of working people,
The amount of distress caused by
these failures is beyond calculation.
Savings institutions having proved
themselves in so large degree TN
worthy of confidence it is now pro-
posed to offer the government securi-
ties in such shape that depositors
of small sums may invest in them. -
Senator Wallace, of Pa has introduced
in the senate bill for this purpose
which provides for the issue Of U. S.
coupon bonds of i25, 500 and 500
each bearing an interest Of $3.50 per
annum on every hundred dollars. =
They are to be exempt from taxation
and redeemable in coin. They will
be he'd for sale at the various sub.
treasures and probably by Postmas-
ters. This is a movement in the right
direction and has been found to WORK
we'll in England and other countries.
In his conference with the commits
sion, Sitting Bull refused most posi-
lively to return to the United States,
or to enter into any negotiations
whatever with that object In his
speech Sitting Bull said that the COM
mission had come to tell him lies, and
that thew were bigger fools than he
would believe them. He intends to
stay in Canada, and advised the COM
mission to 60 home and to "take it
easy going back. His speech was
the keynote Of the other speeches
made by various Indians, and con-
viuced the commission of the hopeless
ness of coming to any terms with
them. The commission has set out for
home.
A secret drawer in an old bureau in
New Orleans was found to contain an
explosive machine, intended to de-
molish anybody, but the owner at.
tempted an opening. Age had de-
stroyed the effectiveness of the de-
vice, however, so that when the draw
er was pulled out there was no expIo-
sion. The contents consisted Of old
papers, of no value or interest, and it
is supposed that the arrangement was
result Of somebody's insanity.
An unknown person entered the
house Of E. s. McVey, tollgate-keeper
on the Circleville pike, six miles north
of Chillicothe, Ohio, Friday night, and
shot McVey through the heart and
his wife through the head, killing
both instantly. A little girl, the only
other occupant of the house, hearing
the shooting, jumped out Of bed and
escaped. The murderer, after ran
sacking the house for plumber, set fire
to it and escaped to the woods.
Benjamin +. Mussey was fatally
wounded at Norwich Fall, Conn,
early Sunday morning by being struck
with a base bal! club. Louisa A. Bo-
wen, a girl Of about twenty years, who
discovered him in her sleeping room,
says she committed the deed, thinking
him burglar. Mussey died in two
hours. The girl and the woman she
was sleeping with are under arrest.
A fellow in Elmira, N. Y, got zeal
Gus Of another man who was paying
attention to woman that numbered
one admired. Out of revenge he
"peached" on number two, and the
result is the breaking up Of gang
Of car thieves and the arrest Of one of
the principal operators.
The trial Of W. P. Elder and Thom-
as Sender, charged with aiding and
abetting Theo. Hanel in the embez.
element Of $4,000 while the latter
was clerk in the office of the receiver
of taxes, was commenced yesterday
week in Philadelphia. A verdict will
l.. l. l. !