davidaulloa/AmericanStories huggingface dataset:
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
POLITICS AND THE PANIC.
The Bearing of the New York Failures
on the Political Situation.

The Bearing of the New York Failures
on the Political Situation.
The panic in Wall street, says Wash
ington special to the Philadelphia Times,
has been the absorbing topic among the
politicians, great and small, to-day. At
the Capitol the telegraph stands in the
corridors were besieged by members and
Senators who were in the market or who
had more Indirect interests in the situa-
ton. Those who stood around busily dis
cussed the political bearing of the matter.
Among the majority of congressman this
phase OF the Wall street manic
was uppermost. The Democrats de-
clared that it meant Democratic
triumph in the EneXt national election,
the Arthur Republicans thought it was
not much Of a shower, the Blaine men
were quite positive that it knocked Ar
thurs chances for the nomination into IL
cooked hat. Democrats sustained their
proposition by citing the effects of the
panic Of 1873 and the business depression
of 1877. Gen. SlOcum was a member of
one of these groups and said that the cry
Of the business interests was broken on
the wheel of Wall street. The Morrison
wing of the party was disposed to rub
the fact of the House having refused to
reduce taxation under the noses Of their
political opponents. The Randallites are
chuckling in great glee over the fact that
they killed the Morrison bill and thus es-
capped the charge Of responsibility for the
panic.
''Had that bill gone through the House,
and even if it were pending here tO-daV.v
said one of its friends tonight, eve would
have been pointed at as the disturbers of
the business interests Of the country: yes,
and would have had hard time to escape
the accusation
The Blaine crowd were feeling pretty
good. Whatever chance for the Presi-
Dental nomination MIR. Arthur may have
had" said Z. NJ. Bayne, ''this New York
panic will lay it out cold as a wedge.
You see, the friends of Arthur bank on
business prosperity, and this went to the
credit of his administration. People who
see everything going on well are satisfied.
They don't want a change. As soon as
reverses come banks begin to burst, bust
ness men fail, money gets tight, strikes
and depression throw labor out of en-
ployment; then everybody looks around
to fix the blame. The administration will
have TO bear the brunt of this"
Mr. Hepburn said to this: "Bah. you
don't mean to hold Arthur responsible for
this!'
''No, not l." replied Col Bayne, sPm
talking Of the unthinking, unreasoning
public, and that is the way it always
affects the general public"
There was a disposition on the floor Of
the House to-day to make use of the sltu-
alton for political effect and several men,
bers lugged it into the discussion of the
consular and diplomatic appropriation
bill. In fact, the political phase of the
matter was the only point of cOnsidera-
ton. The extent of the failures, the inf1u-
ence on the business of the country and
the result upon trade was very little talk
Qd of
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
NEUTRALITY-SUSPICIOUS.
THE AUTHOR ACCUSED OF
FEATHERING HIS OWN NEST.

Ex-Tari6 CommisslOner oliver Gives
the Reasons for His Declaration--The
House Accompanies Considerable
Work Without Doing Great Deal of
Talking.
WASHINGTON, May 16.-Mr. Morrison
to-day received the following letter. The
writer was member of the tariff CON-
mission and as such had charge of the
metal schedules. He is prominent iron
manufacturer of Western Pennsylvania:
PITTsBURG, Pa, May Is. 1884.
To Hon. William p. Morrison, Chairman Of
The Committee on WaVs and Means OF tie
House Of ReDresentatiges:
DEAR SIR-Your committee has before it
House bill No. $3.50, introduced BY Hon. A S.
Hewitt. entitled "A bill to modify the exist
ing laws relating to the tariff" etc. The
changes in the metal schedule were as fol-
lows: The duty is advanced half a cent per
hundred The duty on iron rods in coils or
loops is advanced from 10 to 1910 cents per
hundred Steel wire rods in effect are made
iree. Mr.. Hewitt, therefore, mOdifies
TIE duty on metals as follOws;
FIRST, he increases the duty on
wire, Of which he is one OF the largest manu-
facturers in the United States. half a cent per
pound. Secondly, he doubles the duty, viz:
Increases il from G-l0 to 1910 cents per pound
on iron rods, OF which he is the largest manu-
facturer IN the country. Thirdly, he places
steel rods, of which he is a large consumer
and which he does not manufacture practi-
cally on the free list. With The eK-
plate on the free list. the foregoing are
about all the changes he viii make
in the metal schedule. l append the oOmpar-
alive schedules of the present law and Mr..
Hewitts bill, illustrating the truth
Of my statements. Mr.. Hewitt's
bill, the title of which to modify the existing
laws relating to the duties on imports
leans SO fayOrably towards Trenton, n. j.,
that l suggest so far as the metal schedule IS
concerned that it might appropriately be
placed on the private calendar, and entitled
bill FOR the benefit Of Cooper. Hewitt & Co.
Very respectfully yours,
HENRY W. OLIVER, JR.
The latter remark in the letter is not
original with Mr.. Oliver. 1t is one of Mr..
Randall's rare jokes. Mr.. Oliver was a
member Of the tariff commission.
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
Base Ball.

WASHINGTON. May 16.-To-day's base
ball games resulted as follows:
At ashingtOn-Athletics IL, Washingtons
:.
At Richmond-Harrisburgs II, VirgInias o.
At Reading, Pa.-Trentons 4. Actives II.
At Columbus. OhiO-COlumbus 3. Cincin-
natIs 8.
AtBaltimore-WilmIngtOns At s, Monumentals
At Observation-Disclosures tUnions) G, Cincin-
natis (Unions) ?.
At New York-New Yorks @, Clevelands 9.
At BrOoklyn-BrOOklpn s, Rosehills 5.
At Allentown, Pa.-DOmestics 6, Allen
towns 5.
At Observation-Disclosures 4, Chicagos !.
At BostOn-DetrOits 4, BOstOns 3
At ianapolis-IndianaDolis 4, st. Louis
IA.
At tToled0-Louisvilles 6, Toledos f.
At Altoona. Pa.-Keystones 10, Altoonas g..
At delphia-Philadelphi 0, BufIa-
los q
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
BITTER FEELING AGAINST DODD.
BRADFORD NOT DISTURBED.
One Small FaiIure-A.ll the Other Banks
in Good Condition.

BRADFORD, PA, May 16.-The Ex-
change Bank here, a private banking
house, of which Huff Bros. & Eye are the
proprietors, closed its doors to-day. 1t is
a small concern, and its suspension caused
very little excitement. The two national
banks were raided by country depositors,
but every check presented was promptly
paid and business men continued to de-
posit freely. No failures occurred on
Change. The market had a sharp
advance this afternoon on receipt of
reassuring reports from all quarters.
The CITY authorities to-day examined
the accounts of the suspended Tuna
Valley Bank, in which the city had $780,
600 deposited, and reported that its affairs
were all right. the good assets being
nearly double the total liabilities. The
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
SENATOR sHERMAN's VIEWS.
He Considers the Trouble Merely LOca,
A Conference at the Treasury.

He Considers the Trouble Merely Local
A Conference at the Treasury.
WASHINGTON, May Ex-senator and ex-
Secretary of the Treasury, John Sherman,
has been interviewed by a correspondent
OF the New York Tribune, to whom he
summed up the situation and suggested
the proper course to pursue in the follow
ing paragraph: "We are neither in a
panic nor on the verge of it." he said.
"Unless my judgment is seriously at fault
the country is not in anything like the
condition in which it was in 1873. when
the financial crash of that year came.
Our financial status is entirely different.
The present troubles are local, not general.
Reckless speculation creating fictitious
values in stocks and the sharp CONNIE
titiOn in railroad securities are the cause
of the existing difficulty. 1t is extremely
easy TO create distrust in monetary circles
when there has been fluctuating market
as in New York for several months past.
look upon the present troubles as simply
the result of Oyer-trading in securities
that for long time have been merely foot.
balls in Wall street. While there is busi-
ness depression there is no real financial
distress, and the resources of the country
are amply and stable. 1t is not difficult
to find a remedy for the present evils if
people would refrain from dealing in se-
curities or products which they do not
hold or control"
A CONFERENCE AT THE TREASURY.
WASHINGTON, May l6, MA con-
ference was held at the Treasury Depart
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
MINOR MENTION BY WIRE.
Some Little Items of Interest and scme
Items of Little Interest.

LONDON, May ga large meeting was held
to-day at Guild Hall. 1t was violently nOisy
throughout. Resolutions were adopted con-
demning the governments municipal bill.
Lord Randolph Churchill has been unani-
mously reelected Chairman Of the National
Conservative Union.
Lord Randolph Churchill's reelection has
strengthened the opposition to Sir stafford
Northcote's leadership OF the Conservative
party. 1t is reported that Lord Churchill
is man@uvering to substitute Sir Michael
Hicks Beach as the figure head of the Con-
servatiyes in the House OF Commons. thereby
securing for himself the actual leadership
The late Judah p. Benjamin left behind no
materials for biography. He DESTROYED his
private documents, and was accustomed to
say that the treasuring upof old papers caused
half the misery OF life.
a meetingOf Conservative Peers was held
to day. 1t was resolved without dissenting
voice to reject the franchise bill. They have
appointed deputatiOn OF their number II.
explain to the government the misery caused
by the dead lock in the land market.
PnILADELPHIA, May l6.-Judge Butler. Of
the United States Court, day made public
decree discharging the receivers OF the
Philadelphia and Reading Railroad and Coal
and Iron Company.
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
GERMANY's MILITARY SECRETS
Heavy Sentences Demanded for Kra-
zewski and Hentch.

LEIPsIC, May 16.-In the Krazewski
and Hentch trial to-day letters were pro-
duced in which Hentch offered to betray
military secrets, and fixed the sum he
was to receive for the disclosure. The
public prosecutor demanded sentence
for Hentch of ten years and for Krazew-
ski of five years penal servitude, together
with deprivation OF their civil rights. The
report by Prince Bismarck relative to the
Polish Society in Paris, read in court day
before yesterday, asserted that after the
arrest of KrazeYski Gen. Thebaudin or
dered a search of FInancier Erlinger's
house In Paris on the pretext that Mr..
Erlinger was implicated in the Union
Generate, but really because Erlinger was
suspected of being a German agent. This
is the statement the privilege of answer.
ing which in Partisan paper has been
denied to Gen. Thebaudin by Gen. Campo
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
what RosadaIis VIII Do.

Rosadalis is a sovereign remedy for all
diseases of the blood. 1t has no equal for
the cure of nervous disorders. Read this
certificate: 1 would like to bear testimony
to the merits of ROsadalis, by saying that
some eight years ago was totally pros
trated and could get no relief from our
family physician, but after taking one
bottle of Rosadalis became entirely re-
stored to health. now weigh 175 pounds,
but when 1 first took your medicine 1
weighed only 130. 1 cheerfully recon-
mend it to all, and especially to those
afflicted with nervous debility.
MRS. A. A. MARoN, Baltimore.
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
WORK OF THE HOUSE.
The Consular and Diplomatic Bill Tn
der Consideration.

WASHINGTON, May l6.-In the House
to-day, Mr.. Willis, of Kentucky.
from the Committee on River and
Harbors, reported back the river and
harbor appropriation bill and it was re-
ferred to the committee of the whole.
After transacting some miscellaneous
business the House, at 1880, went into
committee of the whole, with Mr.. Ham,
mOnd, of Georgia, in the chair, on the con-
sular and diplomatic appropriation bill,
the pending amendment being the one
offered by Mr.. Cannon appropriating
$4,000 for the contingent expenses of
United States consuls. The amendment
was lost.
a number OF unimportant amendments
we're offered, debated and severally voted
down. The debate to3k a wide range and
was entirely uninteresting, notwithstanding
the fact that some rather vague charges Of
abuses in the expenditures Of the contingent
tund OF COnsulates were made on one side
and as vaguely denied on the other.
Mr.. King made several brief speeches upon
the Importance Of extending our Consular
service, especially in South and Central
America, and crticising the bill for its mar
row policy in this regard. The bill was finally
passed with a favorable recommendation, and
the committee proceeded to the consideration
appropriated by the bill is S2i 244,450, which is
$437 800 less than the appropriation for the
current year, and S2,6l5,65S less than the est-
mates. After brief explanations Of the bill
by Air. FOrney of Alabama, and Mr.. Keifer OF
ONO, II was read by paragraphs for amend
ments. No amendments of any Importance
were offered and the bill being laid aside
favOrably, the District. OF Columbia appro-
priatiOn bill was taken up.
The bill apprOprlates Sl,S62.600 and was
briefly explained by Mr.. Follett, OF Ohio. 1t
was then read by paragraphs for amendments.
At $40 O'Clock the committee rose and report
cd three bills to the House, but no further
action was taken.
Mr.. Turner, OF Georgia, gave notice that he
would on Monday call up the Wallace Nc
hinley contested election case for considera-
tiOn.
The attendance of members in the House to
day was very small, barely quorum being
present, and to this fact may be attributed the
speedy progress made with the appropriation
bills
The House at 5:l5 o'clock took recess until
So'clock. the evening session to be for the con-
sideratiOn of pension bills.
The House at the evening session passed 80
pension bills, and then at lO:45 O'Clock ad-
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17

Lords to-day Earl Granville, Foreign Sec
retary of State, announced that refugees
from KOrOskO and Berber had arrived at
Cairo. They report that Gen. Gordon was
well, and that the sorties he had made had
been successful.
The government has sent orders to
Cairo directing that efforts be made to
communicate with Gen. Gordon by other
routes than Berber. Secret emissaries
will be sent by way of Kassala and also
by the caravan routes from Dongola and
MeraWeh to KhartOum.
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
AFRICA's TRAFFIC. IN SLAVES
The COlOred Conference Puts its Eye on
It-White and Black Methodists.

The COlOred Conference Puts its Eye on
It-White and Black MethOdists.
BALTIMORE, May 16.-Bishop J. 2.
Campbell presided to-day at the Afri-
can NJ. E. General Conference. Bishop
D. A. Payne delivered an interesting ad-
dress on the reconstruction and redemp-
tiOn of Africa. He said that the slave
tvade in Central Africa still went on;
that people were driven across the coun-
try like cattle and shipped from the coast.
1t is thought that the address will deveI-
Op at an early day an African mission.
Rev. 7. II. Jackson read a fraternal let
ter from the Methodist Episcopal Church.
A lively debate ensued, some of the men,
bers Objecting to receiving the letter. The
Methodist Episcopal Church, it was said,
sent personal delegates to some churches
and only greetings to the African NJ. Z.
Church.
Rev. W. B. Derrick said that it was
time to show the Methodist Episcopal
Church that if it did not want to affiliate
with the African NJ. +. Church, the Afri-
can Episcopal Church did not with it.
When negroes are admitted to the confer
ence Of the Methodist Episcopal Church
it makes those conferences restless, and
the only way to keep things quiet is to
keep the cOlOTed man out. Many men,
bers seem to consider the action of the
Methodist Episcopal Conference in send
ing greetings and not delegates as an in
Gmlf
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
The Anti-MonopoIy Convention

CHICAGO, May 16.-A meeting of the
delegates to the Anti-Monopoly Conven-
tion, which nominated Gen. Butler for
President, representing New York, Mary
land and the District of Columbia, was
held Yesterday, and protest was drawn
up objecting to that action. The grounds
OF the objection are that it was unwise to
name candidate in advance of action
by the other conventions, and contrary to
the wishes of the true anti-monopolIsts of
the country, and that the convention was
not representative one. For this and
other reasons the signers say that they
withdraw from the convention, and '1in
the name of the people of the United
States issue with their protest another
anti-monOpOly platfOrm.1
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
A STEAMSHIP ASHORE.
The I1yrian Strikes Rock or Ireland
During a Thick Fog.

The Inyrian Strikes Rock or ireland
During a Thick Fog.
LONDON, May 16.-The steamship lily
rian, from Liverpool for Boston, went
ashore last night near Cape Clear light
house, on the south coast of Ireland. The
vessel is humping heavily against the
rocks. The engine room is full of water.
II the weather continues fine it is thought
that 1t will be possible to save a portion
of the cargo and to float the vessel.
LONDON, May 16, 8 P. M.-The steam
ship lllyrian went ashore during a thick
fog. She struck the rock with great force,
knocking large hole in her bow under
the water mark. The fore compartment
began to fill Immediately. During the
night the sea increased, and this morning
the vessel rolled on her side and sunk.
Capt. Fargher was on the deck when she
struck and was the last to leave the ship
when she was abandoned.
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
The Iberian Canal.

LONDON, May 16.-The scheme for a
canal from the Atlantic ocean to the Medi-
terrean sea, converting the Iberian penin-
sula into an island, has been revived. A
contract has been signed between the
founders Of the scheme and the contrac-
tors for the Suez canal for canal
capable of taking the largest vessels
through. The founders have asked the
French Government for a guarantee for
100000 yearly, to begin from 1889, when
the works are expected to be completed.
The canal would traverse to Western
France inst north of the PvrnnnnS
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
VIRGINIA's ODIoUs SENATOR'S.
Tho Request that They Resign Not Apt
to be Called Up.


WASHINGTON, May 16.-About three
months ago Mr. Edmunds, as Presi-
ceIved a resolution of the Virginia Legis-
dent pro TEN. of the Senate, re-
lature asking Messrs. Malone and Rid
dleberger to resign, with the request that
he lay it before the Senate. Mr.. Edmunds
has never done so. Senator Brown, of
Georgia, said to-day, speaking of this,
that it seemed hard that a State should
thus be refused the right conceded
TO every citizen of presenting its
desires to the Senate, but that it would
be improper under the circumstances Tor
any other Senator than those from Vir-
ginia to call upon President Edmunds to
present the resolution of the Virginia
Legislature to the Senate. If the Virginia
Legislature had requested a Senator from
any other State TO see that 1t was present
ed to the Senate it might be gotten before
that body. As it was it would probably
lie on the Presidents table until the
Senate adiOurns,
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
THE END OF THE FALL RIVER STRIKE.
KEY VESTS CUBANS.
Fears that the Spanish Consul at tn;
Place VIII be MObbed.

It NVNI'tNN NHHfN
Place viii be MObbed.
WASHINGTON, May 16.-The Secretary
of the Treasury to-day received a tele.
gram from Special Agent Hubbs at Key
West saying that a mob there interested
in the Cuban insurrection have publicly
announced their purpose of using person
al violence to the Spanish Consul at that
place, and that he had offered the Consul
the protection of the custom house, but
that the offer was declined.
Secretary FOlger this afternoon tele-
gTaphed to Special Agent Hubbs to confer
with the naval authorities at Key West
and to cooperate with them in the pro-
lection Of the life and property of the
Spanish Consul from violence.
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
AToors Defy the sultnn,s rroons

TANGIER, May 16.-A band. of Moors,
claiming to be under the protection of the
French Minister and the followers of the
SheIk Of Wasan, established themselves
in camp and defed the troops of the Sui
tan. The latter, however, attacked and
easily dispersed them, killing two of their
number. Attempts have been made to
settle the quarrel between France and
Morocco, but they have so far failed.
The French legation has rejected the last
proposals of the Moorish Government.
Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-17
zone hundred thousand dollars. 1t was
OF lost till the crash, that l know off,
Stocss Uncertain in Lnndnn

LONDON, May 16, P. M.-Since 4:3O a
strong downward tendency in American
stocks, especially in Lake Shore, has pre-
vailed. The street is crowded and there
is much excitement.
LONDON, May 16, P. M.-Prices of
American securities on the street were
tiuctuating. The closing prices, however,
were better. There have been large re-
mittances of government coupons to pay
for stocks sold here. Large shipments Of
gold to New York are being arranged.
Lake Shore fell to Sc but closed at 50.