davidaulloa/AmericanStories huggingface dataset:
West Virginia freeman. (Parkersburg, W. Va.) 1881-1886, 1884-07-16
F" .para SALE OF gpwI
Six Per Cent. Bonds
or THE
City of Parkersburg Water
Works Loan.

Notice is hereby given that pursuant to an ordi
nance of the City of Petersburg, in the State of
West Virginia, passed on Tuesday, May 18th, 1854
entitled Gan Ordinance to provide for the erection
of Water Works in the city of Parkersburg for the
issuing of bonds of said city for that purpose for
for providing of the payment of the principal and
interest of said bonds and for taking the sense of
the qualified voters of said city upon the adoption
of such ordinance" the undersigned who, by the
said ordinance, have been appointed Commission.
tor that purpose, will receive sealed proposals
for the sale of said bop1s until August seventh
1884, at noon, at which time the proposals will be
opened at the Council Chamber, of the City of
Parxersburg and the bonds awarded to the high
est bidders ut not less than the par value Of said
bonds to the amount of eighty thousand dollars, or
such part thereof as the said Commissioners shall
deem eXpedient and proper. Said sale to be for
cash. By ordinance of the Mayor and Council
these bonds exempt from municipal taxation
the principal and interest are provided for by ~
special tax on the assessed property in the city of
.Parkersburg and are lien on the aforesaid Water
Works when erected, and bear interest at the rate
of six per centum per annum, payable unnuolly in
the City of New York or the city of Parkersburg,
the holder may desire; and said bonds are of
the following denominations, to-wit: LOO
bonds for $500 each, and 40 bonds for
s. 1000 each, Said bonds PAYABLE
thirty years after July l. 1885, and redeemable at
the pleasure OF the Mayor and Council of the city
of Parkersburg, after ten years from their date.
If the whole Of said bonds are not sold on said
7th day of August, 1884, the sale thereof will be
continued frcm time to time as Said Commission =
ers shall determine. The Commiss oners reserve
the right to reject any or all bids.
Iii + Il h MOSS, Commissioners
W. H. WOLFE ~ FT0'f F@a
Parkersburg, W. Va, July s, 1884.
West Virginia freeman. (Parkersburg, W. Va.) 1881-1886, 1884-07-16
Reliable Business Houses Of
THE CITY OF WHEELING, ". VA.

NLOTHIERS, WHOLESALE
~ M.GUTMAN & CO., corner of Main and
Twelfth streets.
West Virginia freeman. (Parkersburg, W. Va.) 1881-1886, 1884-07-16

CLOTHING = GENTS FURN-'
Fishing Goods, Hats and Caps, Trunks, &c.
j. H. CAMMACK & CO., Sd Avenue. .. ,.
West Virginia freeman. (Parkersburg, W. Va.) 1881-1886, 1884-07-16
RAVENSWOOD BUSINESS HOUSES

DEAL ESTATE AGENT T.
-AG H. B. LEMnEY. ~ 1.p1
West Virginia freeman. (Parkersburg, W. Va.) 1881-1886, 1884-07-16

A TTORNEY- AT-LAW AND So
ALICITOR-In Chancery.-N. G. PRICK1TT
Collections specially. nU tf.M nfg
West Virginia freeman. (Parkersburg, W. Va.) 1881-1886, 1884-07-16

perance cause in West Virginia, is
the prayer Of your humble servant.
Lila . VIM. M. EMRY.
Rruceton Mills, w. Va. p4l.
West Virginia freeman. (Parkersburg, W. Va.) 1881-1886, 1884-07-16
The Children Have Been Waitin,

The Homestead Liver Pills
are not only the best, but
they are the cheapest Pills
in use. Each box contains
larger Pills for adults, and
smaller Pills for children,
with special directions for
use in Liver Complaint,
and as a purgatiVe. Price,
Is cents. Sent by mail.
Address, LOGAN & CO.,
Druggists, Bridge Corner,
Wheeling, W. Va.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-16
Personal.
respOnsiblei

lists health is such that he Will not again venture
even voyage To England and his eyesignt has oee"
much in paired by Oyerwork in writing nIilsic'
Nessrs. Breitung and Houseman, the two wealthy
German Representatives In Congress from Michigan
were born in the same town in Bavaria and afterward
poor clerks In STOKES at Kalamazoo ana b'tuo
Creek.
Miss Bertha Won nilern, the artist is much annoyed
at being confouned with woman bicyce-rider OF the
same name She SAYS she desired 10 ride
bicycle; she Is an enthusiastic pedestrian, however and
wonld rather walk than paint any Day
When Chinese Gordon first visited the Seychelles
Islands and Jaw the grove OF palm trees there
which grow pairs. and If Is cut do En Us maze also
dies-hc at once indied official dispatch announcing
that he had discovered the original Garuen oh "en' III
which trees OF good and EVIL were still nOhrishlhg
Colonel George w. Totem formerly CHER engineer OF
the Panama Railroad. has been seriously Ill FOR some
DAYS He was unconscious yesterday. His daughter was
clegraphed to OF Elizabeth and came to ME house NO
East ThirtysecOndst HIS physiclans u,nA nc may n'o
several days. He IL seventy SIX years Od
II T. said that during her latest visit TO America PATTI
picced crazy quilt six feet square. composed entirely
OF bits OF plush and velvet Of which no two were aEe IN
color and not larger than one OF her nands' hoe
took IL home with her. line it with swans down ana
then give away to he rallied on at swell chaly ia
NcOini thought IL should bring two thousand Sluhea
OF least.
The window presented by Prince Bismarck ana MS
Cousins to the Germanic Museum III Gutenberg was
painted by the artist Eisg1ber after cartoon designed
by Professor NiIuefeT, anu repIS9""S9 i'f~'''
tree on either side Of which, in order to denote the
varke character of the members OF the Bismarck family
stands man clad I'm the OF the sixteenth century
one Of whom shows tho striking features OF the Iron
Chancellor These two warriors support the family
coat Of-arms, which. in the top OF the oak re" Il
the prncely escucheon On either side are the a1norai
bearings OF the Counts OF Bismarck lWurtembcrs braIcl
and those OF the Bismarck BOhen family togesher WIN
variety of military emblems, among them the arms ana
equipments OF the regiment OF cuirsssiers OF when
Prince Bismarck Is the commander, ana those OF INC
regiment OF dragons, IN which many members OF the
Bismarck family, including the Chaneeors two son :,
have served The inscription at the foot OF the OAK
reads: Presented by the FIRST Chancellor or the new
German Empire and by his agnatcs, 1855
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-16
POLITICAL NOTES.

The friends of General Butler at work throughout
Connecticut with the expectation that the State ConYen
ton of the National party will instruct the delegates to
the indianapolis Convention TO vote for the nero OF
TewksburY
Mr. Henry Watterson is the latest medium OF the pos
tive assurance that the chairman OF the Dem
ocratic delegation will carry TO Chicago Mr. Tildens
Official declaration that his name must under no crcun
stances, ne brought before the convention
Mr. William II. Barnum, OF Connecticut yearhs TOT
the old Ticket" which he failed 10 elect in 1876 lie
isn't certain that Mr. Tiden would accept the nomna
ton but If he wouldn't Mr.. Flower would. Moreover,
Mr. Flower would carry New-York by 6O,00O, New
Jersey Connecticut. Indiana, the Pacific COast' the
solid South and probably ONO. In word Mr.. Barnum
thinks that his Flower Is perfect daisy.
The Con gressonal Directory discoses the fact
that Mr. Morrison was born at Waterloo. 50 the
fate of his bill would seem to have been home pro
ductiOn
II il reported that Mr.: Dorsheimer has prepared
a manifesto with which he hopes tn convince Inc
people that the Morrison Democrats were right In thei
fight for free trade He might as well try to convince
the propetors Of the powder mills of the country that
they could safely admit tOrchlght PROFESSIONS 10 Visit
their premises.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-16
4 SEEB4CK FOR BUTLER.

The defeat of William A. Simmons, of Boston,
who was a candidate for delegate to the Demo
cratic National Convention, is bad setback
for General Butler in his canvass for the PreSl-
dency. Simmons is shrewd, experienced poll
tician. energetic, full of resources, The pOssessor
of an eloquent tongue. He has come to be re-
garded as the Generals chief of staff. He was
his representative in the late Massachusetts
Democratic State Convention. The resolution
adopted By that body calling for the nomina-
ton of Butler by the National Convention was
presented by Simmons. And yet Simmons is
now elected to stay at home, and Mr. Prince,
who was put forward by the Old-liners who
were brought up OH The Boston Post, and hate
Butler, was chosen to represent the lid Boston
District at Chicago. The fight was short, sharp
and decisive. Simmons was badly beaten on
the first ballot, Princes majority being 49,
The fact that Butler has been nominated for
the Presidency by the Anti Monopoly party and
that sundry State Greenback organizations have
declared for him, will scarcely enable him to
bear the loss of Simmons with equanimity. For
he must realize that unless he can enter the
Chicago Convention backed by a solid "reg-
ular' Democratic delegation from his own State,
it is practically useless for him TO expect to
capture the regular Democratic nomination.
That he has counted upon capturing the nomina
ton no one can doubt who reflects upon the ex-
tent of his audacity and ambition. Delegates
have still to be elected in seven other districts
throughout Massachusetts. All of those chosen,
with one or two exceptions, are regarded as
favorng Butler; but now that Simmons has
been defeated an example is set which other
districts may follow. 1t evidently behooves
the General forthwith to set about mending his
fences.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-16
THE SITUATION.

Yesterday in Wall Street was about what
might have been expected after the panic OF the
day before. reaction came. Other failures
were looked for, but those announced before
2 o'clock proved insignificant. Prices adj
vanced till checked by the sudden high rate for
money, which was caused by the banks con
tracing their loans. The demand for money
forced heavy realizing on good securities, and
especially on Governments. With Govern
ments going down, Fisk & Hatch, whose large
dealings in that line are well known, found
themselves embarrassed; and their high stand
ing made the unexpected announcement OF
their suspension send a new shiver through the
Stock Exchange in the last half-hour.
But the salient features OF the situation re-
main plain and hopeful.
The banks are strong and united and there
came out Yesterday no further trace OF trouble
in any of them.
There is a general feeling that the worst is
over.
There is universal caution.
And there is practically no evidence that this
has been, or can develop into, anything more
than stock spectators panic
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-16
NEWARK DAILY TRIBUNE. FRIDAY, MAY IG. 1884

seheme. All Tint il required was moral atrophy
inability to realize the future, AMI foolish anu
altogether superStitOus hope that ny going on
bindiy somehow the complications might I'M
r,ycl themselves. OF course ruin was certain
from the beginning. There was no possible
WAY of avoiding it under such plan. Ward
states that he made no investments for MS
clients. He simply banked their deposits ana
then drew on them 70 pay dividends to their
owners and to other investors whose deposits
had been used mp in the same way.
Such n plan demanded continual deposits, and
the rising Young fiDancicr appears to have de-
Iiberately entrapped all his friends and all their
friends as far as they could be reached. mat
he used the Grant family unscrnpulously and
without mercy or conjunction is apparent, put
It must in Justice to the other victims OF TINS
huge fraud be said that he could not have 40
used them if any member of the family had cX-
ercised ordinary business prudence. Ward Is
reputed as saying that he never paid less than
20 per cent a month on deposits. 1t would
seem that this must be mistake, yet 1t is GER
tain that he paid much more than 20 per cent IL
year. The rate, whatever it may have been,
was enormous, and such as no investments Oh
any kind could produce. 1t was hand to
mouth business, too. The more deposits the
firm obtained the larger must be its payments,
and the greater the necessity for securing more
victims. Danger in fact increased with the APP
parept growth of the firms undertakings and
time only rendered the magnitude OF the in
evitable collapse greater There was no posi-
bic outcome other than this, yet Ward preferred
TO ruin all the clients of the firm together with
his partners. TO facing the disclosures which
nevertheless he knew must come despite pro-
crastinatiOn.
Certainly it needed peculiarly constituted
character to carry on so monstrous anu mis-
chievous an imposturc for years. NO gllmmer
of hope for final extrication could have encour-
aged the rising young tinancier. Day after day
he must have felt that he was only piling up his
own ruin and that of those who trusted him,
needlessy higher. But the sensitiveness which
could not face confession of imprudence DID
not shrink from the habitual preparation OF the
Qrossest chicanery, and he went on to the last
obtaining money under false pretences, and
throwing il after that which bad gone before.
That his methods were suspected, if not known,
bv some who shared the profits but not the
losses. sufficiently thorough investigation may
demonstrate. But there can be little question
that the inception and execution OF the financial
enterprise were peculiarly his own, and that
simply for want of courage and moral sense lie
continued to carry on this imbecile and rascally
business in the teeth of the plainest evidence
that it could only bring disgrace and utter ruin
to himself and the maledictions of those whom
his perGdy had so ptilessly wrecked.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-16
A CTRIOUS CASE.

The extraordinary action of the Clearing
House in charging the fraudulent over
draft Of $215,O00 by Grant 81 Ward, on
the First National Bank against that bank
in its Clearing House settlement, is still
pending. The question involved seems vital. 1t
apparently places any honest bank represented
the New-York Clearing House at the mercy
of any swindler who chooses TO deposit
with some other bank enormous overdra fits
upon it. II Is not even necessary that
there should be any collusion between the
swindler and the bank in which he deposits his
checks. 1t is only necessary that the bank on
which he makes the overdraft should be a creditor
at the Clearing House In the balance of that
morning.
If the First National had, on the morning Of the
9Th been debtor to the Clearing House, no law or
regulation could have compelled it to pay III cash
the fraudulent checks. Being a creditor, these
checks were forcibly charged against and deducted
from the amount actually due the First National.
The Marine Bank was debtor on the true bal
ance at the Clearing House on the morning of the
9Th of May for $765,000 Of this, $2l5.0Q0 was
wiped out by merely crediting 1t with Wards
fraudulent checks upon tho First National
suppOse now that Ward had at the same time also
deposited overdrafts for $4,000 each upon the
Bank of America the Bank of Commerce, the Fourth
National Bank. the Bank of North America
and the American Exchange Bank and suppose
each of these banks had happened TO be also
a creditor in the Clearing House balance
of the morning. The presidents of the five
banks named were the five members of the
Clearing House Committee. Under the ruling
they made In the case Of the First National,
they would have been compelled to charge
these fraudulent checks against themselves /;
and the broken and worthless Marine Bank
would, by this means, have absolutely settled its
entire balance with the Clearing House. At
the same time the five members of the
Clearing House Committee In thus
acting on their own precedent, would have vio
lated III the interest of the insolvent Marine Bank
their most solemn individual obligations TO their
own banks, and robbed their own stockholders
Can II be possible that such decision IS IN accord
ance with ordinary business rules. law or equityi
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-16
RISING YOUNG FIXANCLER.

This for a long time seems to have been the
view taken of Mr.. Ferdinand Ward by a great
many Wall Street men, How far he merited
such an estimate his own admissions before the
referee now show. According to his own aC-
count his whole financial career has been sig
nalzed and dominated by bad Judgment. cow
ardice, utter absence of conscicntiousness. and
desperate recklessness. He went into specula-
ton 50 imprudently that two years ago he had
hopelessly involved his firm. 1t is probable
that before that time he had entered upon the
scheme of finance whose faulty and dishonesty
are now being made clear. 1t did not demand
unusual financial genius to conceive this
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-16
RUNS on WINGS BANKS.
THE BLEECKER STREET BANK BEsIEGEl

HE blsEEChEh 81 REEL DAMN DEsoAEuCD
There were few houses in this city yesterday
whose inmates upon reading the newspaper accounts
of the excitement IN Wall Street on Wednesday,
did not look up their bank books and make a Wild
aud unreasoning rush upon the savings banks i'll
which were their small large Accommodations Of
money. The common sentiment seemed to be that
the failure of National bank meant universal
crash in the financial world, aud that the only road
to salvation lay in efforts 10 bankrupt the reposi.
tories for savings. so tina when the bank officials
arrived at their respective places Of business 10
the morning, they found closely packed crowd.
with eyes fixed upon tho bank doors, receiving
every rumor-no matter what its purp0rt-
with all the manifestations of implicit belief. But
the well-estabshed banks were prepared, and the
depostors were paid long they chose to appear
during tho banking hours.
The greatest excitement was at the well-known
Blocker Street Bank. When the doors were hrss
opened the Waterman found a swarm of people boz
fore him waving their pass books and demandngto
be admitted TO tho building lie sent to the Mercer
Street Police Station and the police persuaded
the crowd to become orderly. As the day wore on
the crowd increased until the sidewalks IN front OK
tho building became impossible, and tho drivers OF
trucks were compelled to turn the block TO avoid
accidents The men and women, principally ltai-
ians and Germans occupied both fights of the,
marble steps which lead TO the bank end stood on
them tor five hours struggling 10 make their way 70
the interior. The crash hnaliy became 30 great
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-16
WALL-ST. AGAIN AGITATED
Continued frem second Page.

"Can yoa not resume, now that the Metropolitan bax
done 80 r.
"Thst is what trying 20 ma ont We shan know
tomorrow"
1T ia understood that you have been offered 100000
10 help you ont"
Yes s. b. Eikins offered thst bat that would onlv
have been drop In the bucket We offered several
hundred thousand dollars by cable, but we SEQ
where stand first"
An attache OF the firm told the reporter that mat.
tiers had gone so far that resumption would be i'm
possible The 900 900 offer of s. b. Elkins was made
good faith, and may lead to re-establishment OF
the concern under new nanls. All the members
of the firm are MissouTiaus. Robert W. Donnell
the head of the concern, was formerly merchant
of St. Joseph where he owns large real estate in
terests, and he is a large stakeholder in tho State
Savings Bank. lie is also senior partner Of the
banking firm Of Donnell, Clark & Larabie, OF Deer
Lodge Montana, the secold member OF which is a
millionaire. Mr.. Lawson and Mr. Donnell married
sisters The former was lawyer at Boonyille, DO.
lie is memberof the Union League and Manhattan
Clubs Mr.. Simpson lives in Orange. N. j. He
formerly resided in Kansas City. The loans OF the
house were all passed upon by him.
The Office Of the bank was besieged all day long
with messengers brokers clerks copying tho
notices and persons calling TO have signature
identified
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-16
Ns.u11ork Daily Iribmats
FOUNDED By HORACE eEEEL EY.
NEW YORK, FRIDAY. MAY 16.
TINE NFVS THIS MORNING.

FoREIGN-The contractors who supplied the
British army in Egypt were charged with dishon-
esty - The Reichstag passed bill regulating
the making of explosives. - The hearing OF the
case of the Invincibles at Tubbercur1y, Ireland
was resumed. - 1t was decided not to reinforce
Mudir Pacha at Dongola.
CoNGERss-The Senate yesterday passed the bill
20 aid the Worlds Industrial and Cotton Centen-
Mai Exposition at New-Orleans. The invalid PEN
sions bill reported to the Senate. Dill was
introduced to limit stock gambling. - he
House considered further the Consular and Dlpio-
matte bill. Visitors to West Point and Annapolis
were appointed. The House cOncured In Senate
amendments to the bill for the NewOrleans EXhi-
btion.
DoMEsTIc-The Assembly Investigating Com
mittee presented report on the Police Department
Yesterday. - The Park Board bill was amended
and passed in the Senate and Assembly. - Two
failures were announced in Boston. - Judge
Reid of Mount Sterling Ky commit ted suieidc.===
The Presbyterian General Assembly met at Sara
topa. 60 Great excitement prevailed at Ashland,
Ohio where mob threatens TO lynch two murder
ers today. 60 Wheeler the murderer of Mat
thews i'm Copiah County, Miss, was acquitted.
- Pavmaster Whipple was attacked by road
AGENTS in Dakota and an army officer was killed.
- Began Cash was shot andkilled by posse OF
citizens.
CITY AND SUBURBAN. 60 The Metropolitan
Rank resumed business yesterday. The failures OF
Fish a. Hatch and A. w. DimOck Il Co. were an
nounced. - Three ruffians dragged an Old man
into hall chOked him to death and robbed HIM.
- The Law Department of the University OF
New-York held its commencement. ="' Justice
Sedgwick continued the injunction against Dr.
Newman - The suit of Captain Spicer to re-
cover his bonds deposited with Grant & Ward was
continued - The New-York, Metropolitan and
Brooklyn mines were successful in baseball cor
tests 80 Gold value of the legal-tender silver
dollar (412l2 gralns, 84.97 cents. - Stocks
opened higher and made further Improvement, not
without good deal of few erishness but later solo
off and closed weak.
The wEATHgR-TRIBUNE local observations in
dictate slight changes in temperature and increas-
ing cloudness. with occasional rain. Temperature
yesterday: Highest 749; lowest 52'; average,
esq.,.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-16

The most senseless phase of the agitation III
financial circles yesterday was that developed
by the run on a number of savings banks. AS
usual in such cases. the persons who drew out
their money were those who could least afiora
to lose the interest caused by their foolish
course. The savings banks are not affected by
the Wall Street failures. Owing to the DIM
Guilty in making profitable investments tor
some time past, the savings banks are in an I'M
usually good condition to resist foolish runs
AS investors more fully realize the TACT that
securities are selling far below their real value
nriccs will advance and confidence be fully re-
stored The proposition made in the Legisla-
ture yesterday to investigate the cause OF the
panic can result in no good, and ought to be
defeated somewhat similar proposition
was made in the United States Senate; but 1t
was proposed there to ascertain whether or not
any National banks had violated the law
Even such an investigation at this time is OF
question: BILE prOpriety.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-16

portlonmont ever gave them. How much longer
must Mr.. Asten fight in this matter single-hsnded'
IL it not possible for the other members OF the
Board of Estimate to realize after the late severe
cxperencc-sfter the presentnent from the Gfand
jury the action Of the Legislature aud the genefai
overhauling city affairs have received and are yet
TO rcceive-that the course they are pursuing Is
wifuliy preudcial TO the public interest and can
not be continued without their being held strictly
reSnnnRihlni