The Bozeman weekly chronicle. (Bozeman, Mont.) 1883-1889, 1883-08-01
THE LATEST NEWS.

The annual meeting Of the board of
managers of the Northern Pacific Bene-
fetal Association was held in St Paul
last week. The board consists of twenty
three members, being three representa-
tiyes from each operating division, one
each from the transportation, road and
machinery departments. Thirteen of the
twenty-three members, and II. w knauf,
secretary, were present at the meeting.
The reports read showed the new hos
pital buildings at Brairerd to be well
under way, with large force Of men at
work upon them. The ;,umbcr of cases
treated, both in the hospital and along
the line of the road, from October LIST,
when the association began operations,
until June 80, was 2,275. The whole
number treated at the Braincrd hospital
was 952, of whom so were discharged
cured. The receipts during the nine
months were 81 900, AND the expendi-
lures S2O,6S4. According to the rules Of
the association any member injured, any
where on the road, is entitled to imme-
date medical attendance without being
compelled to visit the hospital.
The evil effects of land and lot BOOM
ing, which has for the past two years had
full sway is now reaplng the whirlwind
at Winnipeg. The financial outlook i'll
this city is at present very gloomy. The
evil effects of the great land boom are
now shaking the city to It's very core
indeed, it will be entirely through the
exercise of the most careful. monetary
measures that q panic can be arrested.
The impression has gone abroad that
Winnipeg is in a terrible state of financi-
al depression, and many outsiders have
predicted a panic. The fulfillment Of
this prediction will, it is hoped, be avert
ed, as Winnipeg has already paid dearly
for the imitation during the boom. The
fact that many of the principal business
FIRMS of the city have assigned, or pro-
cured an extension of time from their
creditors, does not tend to allay the feel
ing of uncertainty Which prevails both
shere, in Eastern Canaca and in England.
No little excitement was created in mo-
notary circles upon the ann ouncement
that Mr.. NJ. \. Mclean, a prominent
wholesale grocer, and man reported
some time ago to be worth hundreds of
thousands, was arrested at the instance
of the Merchants bank for obtaining
money under false pretenses. The war
rant was issued last Thursday, and the
chief of the provincial police was dis
patched west to find Mr.. Mclean. He
arrested him at Elkhorn, in the North
west Territories and brought him to the
city. He has been bailed by a number
of prominent citizens. Inquiry among
the bank officials reveals the fact that
the bank has been discounting his paper
on representations made by him that he
owned certain assets, which the officials
claim he does not possess. The informa-
ton states that on or about the 18th Of
February, Mclean obtained s., 40l under
false pretenses. From various sources it
has,been learned that the bank holds
Mr. McLean's PAPER to the amount Of
$4,000. His paper is endorsed by almost
every grocer in the city, so that the en-
tire trade will suffer by his fall. 1t might
be stated that he made an assignment
some time ago, but he was believed to
own property of considerable value. His
assignment caused the failure of several
other firms in the city.