The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1883-06-23
[OuR REGULAR LETTER ]

WAsHINeToN, d. c., June IS. 1883.
The event at the capital during the
past week was the funeral ceremonies in
honor of John Howard Payne, who is,
after having been dead thirty-one years,
at last laid in a final resting place, under
a fitting monument. The exercises Of the
occasion we're all agreeable to listen to
and appropriate with the exception Of
the ballelujah music at the end and
and the singing OF "Home Sweet Home"
to new tangled strains instead Of the old
familiar tune. There were many interest
ing faces at the cemetery. Peering out
from the newspaper seats in the front
row was the oountenance of DIR. Mary
E. Walker, and it reminded me of the
funny poem - she did not intend to
be funny--which Mr.. Corcoran received
from her. The gentle doctors poem
ought to be printed. She addressed it
to "the immortal Corcoran," and the
purport Of it is that /. any of his grand
children ever fall into needy circum.
stances DR.. Mary E. Walker promises to
take care of them. To show how much
in earnest she was she put her name to
her verses, aud then took the poem to
notary and acknowledged her signature.
with the names of three witnesses duly
appended. The idea of swearing to u
poem is new and original. Mr.. Corcoran
and all the newspaper editors have been
deluged with poetical effusions about
Payne.
The semi-anuual payment ofinterest
on registered United States bonds, which
occurs in January and June, is now be-
lug made. While it is very difficult 10
obtain exact Information as to the largest
receivers OF interest from this class OF
| bonds yet. like almost any thing else here,
it can be had it one wants it badly enough,
This year the largest single bondholder
the Treasury department knows of is Mr.
Wand, rbilt, who will receive the interts
n $37. 600. 900. year ago be hal
So, 0J0. 900, but he bas disposed OF $i3,.
000. 100 for some purpose. The mex,
lark st owner is Mira. A. r. Stewart, who
uaS hUOut Sou uuU,OUVs as bOIue OF ners
are coupon bonds. the amount of hei
holding cannot ex'ctly be told. Ten
years ago Mr.. A. T. Stewart had $40, 900.
900 in bonds. tue most of them b, ing G's
Mr. Gould had $l3, 900 600 in registered
bonds. aud large number of coupon
bonds. which he keeps TO use as collat.
arais LII Wall street, when he needs large
sums of money. A California millicn.
aire, Nj. Flood. is the next largest holi.
er. He has SIS 900 900. Then there is
an estate in Boston and three or foul
persons in New York who bnve each $40.
900. 900, and lady in New York-un
married. too-hss 81. 600 600, and the es
tate of Moses TAYLOR in New York ba,
s. 900 900. and d, o Mills. Whitelau
Rrid's tather-in-law, 81 900 000 wa'
surprised to learn that so few wealthy
men Id any large amounts of United
States bonds rs permanent Investments
-bHt was told that the rate Of interest il
now so low that other securities are pre-
ferred that nre considered just ms saf,
and pay higher interest. On the othel
side of the water American securities arr
very popular, and are preferred to thos,
of other nations, because the rate of in
terest is higher thar that paid by any
other great power. The house of th,
Rnthsehilds own nearly one quarter o
Americas whole bonded debt as includ
ing all the bankers of that name, the
have S400. .000 000. ...-