Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1884-06-25
EASTERN NEWS.
John A. Logan Formally Accepts
His Nomination.
HE SPEAKS BRIEFLY IN REPLY
TO CHAIRMAN HENDERSON.
The Action Of the Connecticut Pro-
testing Republicans.
THE SERIOUS BUSINESS FAILURE OF
MATHEW MORGAN b SONS.
DEPRECIATION Of a Billion and a Half
in Railroad Stocks.
SPECIAL TO THE SENTINEL
Logan Accepts.


WASHINGTON, June 24.-Chairman Hen
derson and the members of the committee
charged by the National Republican Con-
yention with the duty of formally notify
ing the candidates for President and Vice
President of their nomination met at noon
to-day, and proceeded to the residence OF
Gen. Logan, and we're ushered into the
parlor. The General stood in the middle
of the room, with Mrs. Logan at his right
hand, and was introduced to the members
of the committee by the Chairman. When
this ceremony was performed the company
arranged themselves in a circle around the
room to hear the address of Chairman
Henderson. He then read the formal
notification of the nomination of Senator
Logan as Vice President. to which Gen.
Logan replied as follows
Mr.. Chairman and Gentlemen OF the
Committee / receive your visit with
pleasure, and accept with gratitude the
sentiments you have so generously ex-
pressed in the discharge of the duty with
which you have been entrusted by the Ma
tional Convention. Intending to address
you q formal communication shortly in
accordance with the recognized usage, it
would be out of place to detain you at this
time with remarks which properly belong
to the official u~tterances of o letter of ac-
c~eptance. | may be permitted to say, how
ever, that, though | did not seek the nom
nation of Vice President, l accept it as
reposed in me by the Republican party,
to the advancement of whose broad policy
upon all questions connected with the
progres Of our Government and our peo-
pie / have dedicated my best energies, and
with this acceptance l may properly sig
Nifty my approval of the platform of princi-
pies adopted by the convention. / am
doubly sensible of the honor conferred upon
me by my friends in 80 unanimously tend
ering this nomination, and / sincerely
thank them for this tribute. / am not
unmindful of the great responsibility at
taching to the office, and if elected / shall
enter upon the performance Of its duties
with the firm conviction that he who has
such a strenuous support OF his party
friends as the circumstances connected
with the nomination and your own words,
Mr.. Chairman, indicate, and consequently
such a wealth of counsel to draw upon,
cannot fail in the proper discharge of the
duties committed to him. l tender you
my thanks, Mr.. Chairman, for the kind
expression you have made, and I offer you
and your fellow-committeemen my most
cordial greetings.
When Gen. Logan had concluded the
Chairman stepped forward, shook him by
the hand, as did the other members of the
committee. Mrs. Logan merely thanked
Gen. Henderson for the sentiments con-
veyed in his address. The members of the
committee then took leave, with the ex-
ception Of a few who were engaged in con
versation with Mr.. Logan and his wife.
The Connecticut Protesting Repub-
Iicans.
New HAVEN, June 24.-The Republican
Independents met tonight and organized,
with Simeon e. Baldwin as Chairman.
Rev. Stuart Means, Simeon E. Baldwin j.
Tyler and others made addresses. Resolu-
tions were adopted by the meeting that the
National Republican Convention, in Chi
cago, has, in its platform, departed from
the principles on which the party was
founded; from the purposes for which the
party exists; that the convention has still
further disappointed those who desire pure
Ill AL ID VI atlOA III aaNdAOO ALI bDO Bbhuu-
ard of political action by its nominations;
that it is the true duty Of every man who
is in sympathy with the principles OF
principles, even though the party
may desert them; that these candidates
are unworthy of our support; that a com
mittee be appointed by the Chairman,
which committee shall nominate and re-
port a standing committee OF Is, includ.
ing themselves in this number, to cores
pond with other bodies of Republican or
Independent voters who may be in sym
pathy with our views, and to represent the
sentiment Of this meeting at any general
conference which may be called.
Serious Business Failure.
New YORK, June 24.-Mathew Morgan
& Sons, bankers, have suspended. The
announcement of the failure caused a de.
preston in the stock market, but recov.
cred and became steadier. Morgan 4
Sons were not members Of the Stock Elk
change. They are known as merchant
bankers. and drew on exchange and dealt
in securities on the list. The suspension
is attributed to the s~hrinkage of values in
railroad bonds, principally Denver 4 Rio
III AhO, Va WhASA ehoJ WcAo haA 81 AuiucIu
at high prices. The liabilities are mainly
due on exchange. but they have liabilities
at the Stock Exchange. The members of
the firm are large real estate owners. 1t
is believed that their inability to realize
ON real estate was the immediate cause of
their suspension.
The Wall street house Of Morgan &
Sons. which has been in business in this
city for So years, and came originally from
New Orleans, has always been correspond
ents for several London Houses. They
rated at one million dollars.
New York Money Market.
NEW YORK, June 24.-C. f. Woeris-
chatter, prominently identified with the
bear interests, was interviewed to-day re-
garding the situation, and said: I regard
the failure of Morgan q sons as very seri.
Gus. They were an old house and greatly
respected. I do not think it will have q
great effect upon the stock market. II is
more Of q commercial disaster. / do not
expect any more failures here. though I
think stocks will 80 lower. Regarding