Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1883-02-22
EASTERN NEWS.
,rrp PRESS DISPATCHES
r.s~htful Panic.

..aocIArED PRESS D'SrA
Frtsh,fuI Panic.
$40 Yogk, Feb: @:m19 so nre Of en tss
ee staiIs so % attached to the German
ehool n1 Church of the Most Holy Re
Ctboiic ~ Fourth street, between ave
dssnel, First avenue, at quarter
90 ana o'clock this afternoon, was
Is. fni.e a most terrible calamity.
i cause " fourteen chi dren lost their
IolsssS .na hundred scholars, mostly
tres. &c the poorer classes, ranging
dldren % eleyeu years, attend the
tcn SD we're in their class rooms
ebooi alarm of fire was raised. A
sbtn !no ,,onic follow cd. The removal
fsrfui ,;,dren from the fourth floor be-
# the c liz enough aud was progressing
~ qu5sn a Sister of Charity In
npoy g q class of girls tainted. Ibis
asSiately alarmed the class VINO pc
nauic stricken, and rusn WIS
sns tor the hallway, the STAIRS were
ssCss =, crowded and deadly crush
Sisa, ,1acs. The railing OF the stairs
pcs md mass of struggling chill
tFoSe 's "r precipitated to the floor be-
dren slim. s in a packed mass, one upon
BS, I 0har from four to five deep. The
ne os. md 6renen, already summoned,
poloj But their work of rescue was
fns-aa by the frightened children
nnn;no to fall or leap from the
eoc'ln .hose in front being crowded
faas .ha broken balustrade by children
css! :a ~ stilI struggling to reach an exit.
benin9a ~, were taken out dead from
" 1.tor and eight more died lmme
- i" after rescue, making total of
e - large number of others
p-s,e carried to neighboring tene-
nj. are reported dying. Il
aae excitement when the news spread
.sssrfui. and great throngs OF peo-
vh ,a.ksned the streets surrounding
1891 MANY children lost in the
poa,ant are reported missing. Fol-
sGna il the list of dead: Minnie Ris
s~9 Years, Mary Habernencht years,
Sny A. Happ s years, Minnie Trake ~
..srs josephine Mari years, Mary
R,scIt wears, Lena Becker years,
i;sz;e Mattick years, Theresa kitzner
Years, Barbara PregenZer years,
inn;sa Florence years. She was taken
- alive and died in st. Francis Hospi-
II A pirl apparently Z years old was
s,;dentiied, and girl about . is also
unidentified.
More Of the Terrible school Fire.
xru YORK. Feb. 2l.-The Coroner,
ais morning selected a jury to investi-
s.ts The causes of the fatal school dis
~, Of Yesterday. Crowds today visit
"A the Mace and discussed the terrible
s6air. Many are loud IN their denun-
cation of the clergymen IN permitting
IL staircase, which they say has been
ma frail condition for some time, to re-
main without being properly strength
sued. Those injured will recover. The
hodies OF the dead children will be
brought to the Church of the Most Holy
RedeeIner tomorrow morning.. where
iuneral services will be conducted.
The church is draped in mourning.
The bodies have been inclosed In a neat
rosewood casket, bearing on . silver
mates the names and ages of tho un-
fortunates. 1t is thought they are all to
b Inferred in Cavalry cemetery.
Omciai Railroad Report.
WlsHINaroN, Feb. 2l.-The Govern
uept directors of the Union Pacific
railroad company, namely: G. Havens,
Isaac II. Bromley, w. Parish, and Col
este H0yt, transmitted to the Secretary
II tbs Interior, this afternoon, their re-
poet for 1882. 1t begins with a long
ststemsnt of the difficulties experienced
b. the directors in gaining the informa-
ton requisite for an intelligent and
faithful discharge of their duties, but
when information was obtained by the
Government directors we were agree
ably surprised to find from ali We could
ham the management Of the road had
ban prudent and wise. Its affairs are
honestly and ably administered, Its CON
diion and prospects good, with nothing
bbe gained from concealment or eva
SION, aud nothing to DO feared from
puhici ". Upon the same subject,
later. director said: "We report there
h in our judgment no evidence OF will
I'll violation. but only neglect to comply
With the requirements of law under
possible misapprebension OF the Official
hnctions of the Government directors"
The report then proceeds to a detailed
examination of the condition of the
load. The Commissioners Of Railroads
make the liabilities $40, 965, TAP; assets,
"a, S22 $50; surplus, $685. 3S. 1t Is
claimed by the company that this state
neut does them injustice by conveying
upon its face a false impression con-
cerning the floating debt in that 1t does
mot state the proper offsets. Their own
statements of the floating debt is as fol-
lows: Cash. 81, 50O, 029: accounts receiv
able, $2,27S, 407; company stocks and
bonds owned by company, $2.250,9aO;
sinking funds in the hands of trustees,
$ll7, $50; bills receivable, $67 ,564; due
from other companies on account of
traffic, balance, $4l5,53l; fuel, material
aud stores on hand, $685., 1896; total.
Sl0,592,Si5. Floating debt, June Both,
1885,, 81, 700,772. The above statement
they claim contains items properly con-
shutting the floating debt of the COM
pany on the date named, with only
such resources as are considered proper
Offsets to the same. 1t does not include
sooalled investments" in stocks and
70 81, 1856 $50, and from which the COM
Qay derived . net revenue OF $2,l72,-
A0durlnR the past Year.
From comparison af the statements
Z appears that the Commissioners of
Railroads., making no allowance for Off
q, place the floating debt at $10,774.-
VI. while the company's officers, after
making what they consider proper of
sefs, exclusive of so-called "inves.-
msnts," place it at $2,775,472. The
discrepancy arises partly from differ
enees IN opinion as to what properly
constitutes an Offset to q floating debt,
and partly from differences in book
keeplng and in the method of tabula-
non. The company's statement, how
s.sf, contains several items not includ-
q IN that of the Commissioners of Rail-
roads, to wit: Interest ON first mort
gaae bonds and other funded debt, divi-
oands unpaid, and called bonds lot pre-
ssntsd for payment, amounting in all 10
xSSl3,696. A difference of one day in
we date Of two statements, one being
sans ~ and the other July l, accounts
tof the omission of these items from the
commissioners statement, they falling
we on the first of July. The floating
Ssot on July l, 1882, was accordingly
vlSras,5 ISL. II we omit from the items
I1ned by the company to be a proper
Sasst 70 the floating debt the company 5
: ~ and bonds owned by the company
sSO, and fuel, material and stores
q aand 1886, 345, it will be found the
n.y. Svssang debt of the company is $500,
w. HE floating debt on November y.
~ submitted s BY the oompany's officers,
We eel that We should be remiss i'll
uuIy did We not express our disspproyal