The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1881-03-04

much all icdNIuS ocutuu Vi IEicuuSntp |
and home happiness: but / do. feel |
hat to you am much indebted for your |
confidence and kindness both politically
and personally that it is the lot of few
men to experience. You have, feel, no |
higher political desire than the good of
your country You have no schemes or
that are not worthy of the
best citizens of a republic, and if were
TO search all the world would find no
better models of political moral integ-
rity than here among my neighbors and
in this county and district,
during the eighteen years l have known
you. l must especially thank my neigh
bors Of Mentor and this county for their
kindness to me. 1t has been constant
and untiring. cannot now speak OF
the duties of the past, but of the duties
before me. l go, supported by a sense
of your confidence and love. Friends,
constituents, farewell!
Gen. Garfield, upon the arrival at the
depot, had escorted his venerable moth
er 10 the train, Mrs. Garfield following
upon the arm of Maj. Swain. After the
delivery of the addresses, the general
moved quickly to the train, and in re-
markably short space Of time the party
was en- route for Washington.
NOTES BY THE WAY.
The first stop was made ut Ashtabula,
where there was very large turnout at
the depot, to whom the General made the
following address:
Fellow citizens of Ashtabula: great.
ly thank you for this greeting. can
not forget the tree that was planted so
many years ago, and, watched and as
sisted by the people of Ashtabula coun-
ty, it has grown to be r great tree; its
branches cover the whole republic, and
its leaves and fruit are liberty to all men.
That is work for the citizens of Ashta-
bula county to be proud of to the latest
generation. If !, as your representative,
have helped on the cause you have so
much at heart. / am glad, and if in the
future can help to confirm and strength
en- what you have done so much to build /;
if can help TO garner the harvest that
you have helped to plant, shall feel
that have done something towards dis
charging the debt of gratitude which
owe for your confidence and love.
thank you, fellow citizens, for this fare
well greeting, and bid you goodbye.
Great cheering)
The General also made a short speech
at Youngstown, where 5000 people were
gathered at the depot. Pittsburg was
reached in the evening, but as the time
was limited, no stop was made at that
point. Altoona was passed in the night,
and ii was near this point that the Gen
eral visited the correspondents car and
chatted pleasantly with the press boys.
THE TRAIN
which General Garfield and family are
travelling on consists of three coaches
and baggage car. The General and
his family occupy the rear coach. 1t is
Vice President McCullough's private
car, very comfortable and tasteful but
not remarkable for extreme elegance. In
one end Is parlor, tastefully furnished
with rich carpet and furniture; next is
| a stationary bed room with cottage bed
stead, drawer and closets for clothing
This will be occupied by General ano
Mrs. Garfield. Next to this is the dining
room, with tables, etc, which is at nigh
transformed into a sleeping room by the
usual Pullman process. Next is the
kitchen. where a competent cook o
sable color prepares the dinner aud sup
per for the general and family. TIT
dinner served was worthy of the occa
family, who had been extremely activ,
during the morning in preparation 70
the trip. The repast was sumptuous
but it was noticeable that no wine wa
served at dinner, though a basket o
champagne had been supplied by tn
railroad company furnishing the car an;
accessories.
THE LADIES.
Mrs. Garfield, the venerable mother G
the presidentelect, now in her S0th yeal
is enduring the fatigue of the journe
very we'll. She is somewhat below mt
dunn hight and somewhat bowed wit
age, and dresses in heavy black sill
with fur-lined cloak.
Mrs. Garfield is dressed in a dark gra
travelling suit and wears heavy flu
lined silk cloak. The daughter, Mis-
Mollie, is dressed in a gray travelin
suit Gen. Garfield wears dark blu
? suit and brown overcoat.
The Wall Street Whirlwind.
New YORK, Feb. 2j.-This has bee
the most exciting day in Wall street
: nancial business circles since the men
orable panic. The first great break (
money in prices of stock was followe
I by a lull consequent upon the announc
: nient that Secretary Sherman had dete
} mined to sell 100000 in bonds, bl
: banks aud private banking firms an
: brokers made a rush on the sub-treasuI
e as soon as the bullion was deposite
4 and so great was the demand for cas-
that within three hours oyer $4,000
: had been paid over the counter, and q
0 the clerical force of the sub treasury WI
t busy Brokers and spectators were {
most frantic, but the day clos'
I without any failures being repol
= ed. 1t was we'll known that Sc
l. eral members of the stock exchange b,
g hard work TO keep their heads abo'
/ water and they met with heavy losses
e fulfilling their contracts. At one tin
n as high as Il and interest was paid
), money for those who were caught in Il
n squeeze, and were obliged TO obtain q
n cash. The panic in the street was frigl
e full The banks refused to accede to d
d many demands for loans which we
made upon them. AS fast as the ban
e received checks for bonds sold, just
fast did they deposit with the sub-tres
II ury to reduce their circulation. Broke
t, made desperate rush to sell stocks
d obtain money, and before noon sever
s. of the strongest operators refused
buy single share on margin. L
lie only class of orders that were {
Is cepted were those for Investments, a.
spectators were at a loss which way
lie turn. The most exciting period of {
lie day was the closing hour of busine
1t The brokers seemed to loose co1fiden
in each other, and there was a pref
ct general feeling that panic had be
IS precipitated by the national banl
ut There was a slight rally in closing, b
ut the general tone was feverish and dec
eddy unhealthy. 1t is known that sew
Of al firms are carrying heavy lines
3, stock on margins, and that the decli
er has carried them far below their lin
r. Any further excessive decline will wi
D. them out with loss more than th
can bear.
II The neatest and most concise explaI
st ton of the situation, according to
he Commercial Advertiser, was express
by George B. Satterlee, president of
n mining exchange, in this wise: at ii
he question in my mind whether clique
Of bankers is to dictate to congress and
De country what is for the best interest
I'd the country, and to manipulate the me-
SO ey market in order to depress the sto
id market"
The Graphic says there is excellent ;
lg thority for the statement that the grt
Of stringency has been secretly assisted
large operators on the bear side, who
bitterly fighting Gould. Mr.. Coz
takes the situation of affairs very co
IN placently, and quietly assures his frieI
r. that if they hold on to their long stoC
I'd for about fortnight they will doubtl
q secure profits of 10 to 10 per cent. abb
he present prices. The bulls think til
IT considering the excessive loaning raj
"a the stock market has been very well S
II. tanned the past few days, and some
q. the bears admit this, but that cas-
IN funds must follow very soon is the g
in eral verdict
al A BETTER FEELING.
ir NEW YORK, Feb. 26.-Wall street a
n. the stock exchange were in whirl Of
n. element from the time of the first C
m of the board until noon, when the m
n ket grew stronger under the impulse
or treasury redemption, and what promIs
to TO be memorable financial panic pr
IN cd to have been happily averted, at lie
nj for the present. When the president
III the board mounted his stand and rapp
he LOT a.tentlon, ne was conlrontea VII,
10 could be heard blocks away.
ia pounded repeatedly for silence and Fl