The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1881-03-04

That the treasury would Also purchase ponus
with the millions Of greenbacks deposited by
banks to withdraw their circulation.
A mail train on the New Jersey Mid
land road was wrecked by a broken rail, two
cars being thrown down an embankment OF
,welve feet aud set on fire by the oyerturning
If the stoves. Several persons were injured,
but none fatally.
-Four lottery-dealers in New York were
sentenced to the pententiary.
The Whitaker court-martid was the
scene of an unusual and interesting exhibit
ton. Lieut. George b. Burnett being asked
10 describe how Whitaker was tied, gave
practical illustration. lie first tied his feet to-
gether and afterward bound his wrists. He
then tied his feet to a bedstead, and lay
down on his right side in the position in which
he said Whitaker was found BY request, he
showed his ability to reach his ears with his
banda, and to reach an Indian club placed at
some distance OH the floor, and finally united
himself without any assistance. The perform
ance was watched with the closest attention
5y the court and the audience.
A New York dispatch says that Feb.
Is, 1881, will be q memorable day in the his
tory OF Wall street. The lull that followed
Sherman's announcement to purchase bonds
was followed by fall that bordered on =
panic All through the afternoon stocks fell.
The excitement was intense. On Wall, Broad
and New streets small groups Of excited
men gathered discussing the situation. On al
most every face there was anxious expression,
and many hand that took tape trembled with
excitement The conflict between the banks
and the Government seemed to favor the
former, for accordingly as tho banks received
their checks for bonds that they sold to the
Government. just SO soon were they deposited
with the Sub Treasurer 10 retire circulation.
Meantime the market continued to fall, and
the minutes to tho closing OF the day were
anxiously counted. Money was l per cent.
bonus over night The banks refused all loans,
and were calling in their loans as rapidly
as human industry could In addition
to the call for S25, 600 of bonds made the
previous day, Secretary Sherman authorized
the ub-Treasurer at New York to disburse
go, 900 600 for and per cents, at par and
accrued interest. This caused temporary
buoyancy, and prices recovered to Al per
cent, but during the afternoon there were
reactions and rallies until the last hour,
when the trading was enormous, and the
downward movement SO rapid as TO amount
almost 10 a panic. The decline Tor the
day ranged from 1 to 14I per cent.
Money was stringent, the rate for call
loans being per cent, q to ~ per
cent. per diem added even at this figure
solid mercantile houses were unable to obtain
the amounts they required Exchange fell 30
low that foreign transactions were virtually
suspended. The losses were enormous, and
that no failures occurred is strong evidence of
the soundness of business and the sovency of
dealers.
Rev. Henry Ward Beecher has cam
celed all lecturing engagements, and contem-
plates series of revival meetings at Plymouth
Church.
Edwin G. Hayden was hanged at
Windsor, VT, for having murdered his wife,
Gertie Hayden, at Derby Line, in that State,
on the 9lst Of August, 1876
The threatened panic in New York has
teen averted. The purchase of bonds by or
der of Secretary Sherman, threw $4,000, 900 or
"A, 100000 on the street and loosened the
money market, and the arrival Of several
millions more from outside cities almost COM
pletely restored confidence.
The shops of the Laconia IN. H. Car
Company were burned. Loss, 100000 insur-
ance, $4,000. Five hundred men are thrown
out Of employment.
A sensational weekly of New York an
nounces that Whitelaw Reid will next month
marry Miss Tennie Mills, daughter of ID. o.
Mills, Of tho Bank Of California.
West.
Mrs. Sloan and six of her children were
burned to death by an incendiary fire at East
Liverpool, Ohio. Mr.. Sloan awakened discov-
cred the flames at an early hour Of tho morn
ing, and, telling the members of the family TO
follow, picked up q 3-year-old daughter and
started for the stairs. The flames had cut of
their retreat by this time, however, and, turn
ing to window, he leaped out atthe same time
telling the wife and children to do the same
Before they had time to follow, they were stihed
by the smoke and persisted in the flames When
recovered, the bodies were charred beyond re-
cogntion, and it was only by the size OF the re-
mains that tho grown persons were distin-
guished from the children. All that is left OF a
family Of ten are the father and one daughter,
whom he carried with him when he made the
leap. Following is list Of those who persisted:
Mrs. William Sloan, aged 81 years Luella
Sloan, aged 10; Clyde Sloan, aged IL; Lizzie
Sloan, aged II; Alex. Sloan, aged 9 Paul Sloan,
aged 5 another aged IS months, and Wilbur
Skees, a brother-in-law Of the unfortunate
woman.
Four men entered saloon near Fort
Wingste, New Mexico and called for drink.
The proprietor said he sold no whisky, but IL
the men wanted to gamble they could, and be
supplied with whisky. The four men then sat
down with the proprietors. After playing
some time, row began, resulting in the death
OF oil the players, each being shot several
times
A 1ofootivo Hr;Jro 80. A. Uyol~oul.