Daily Los Angeles herald., 1884-05-01
Debate on the Tariff Bill.

the name Of Edmunds for President, and
instruct the delegates for him.
Debate on the Tariff bill.
WAsHIsGToN, D. G., April 3O.-ln
the House the morning hour was dis
penssd with. The House went into
Committee of the Whole, Cox, OF New
York. in the chair, on the tariff bill
Dingley controverted propositions laid
down by Cox, Hurd and Others, that the
decline of American commerce was the
result of the protective tariff.
New Hampshire Republican Con
veDtiOn.
CoNcoRD, April 3O.-The Republican
State Convention organized by electing
b. Il. Prescott as President.
Charles II. Sawyer was elected dele.
gate.at large. He is for Edmunds first,
Arthur second. George II. Stowell was
elected. lie Is for Blaine first, Arthur
second.
Edward II. Rollins was elected third
delegate.at-large He is for Arthur.
j. B. Clark was elected fourth dele.
gate. He is for Edmuuds and opposed
to Blaine.
Failure Of keene Reported.
New York, Apail 3O.-It is reported
that James Keene failed to-day.
Massachusetts Democratic Com
ventIOD.
WORCESTER, Mass, April 30.-The
Democratic State Convention was called
to order by Noah A. Plympton, OF the
State Committee, who made an address
eulogizng Gen. Butler and arraigning
the Republican party,
The following were elected delegates
at large: b. r. Butler, j. G.. Abbott,
NJ. j. McCafferty, james Delaney.
A motion by VIM. NJ. Simmons, that
il is the opinion of this Convention that
General Butler should be nominated for
President by the National Convention at
Chicago, was adopted unanimously and
with great enthusiasm.
The Greenbnckers In Convention.
KALAMAZOO, Mich, April 30.--The
convention of the National Greenback
party assembled here this morning. G.
5. Hamilton, temporary Chairman, made
speech denouncing the Republican
party as corrupt and recreant to s
trusts, and the Democratic party as
played out. The people were rising de-
termined to have no more to do with it.
He alluded to Butler as the coming man
and received great applause. After the
appointment of the usual committees the
convention took recess. About 200
delegates are present. The feeling is
strong for Butler aud "Free Trade"
Iowa Republican Convention
DEs MoINEs. Iowa, April 30.-The
Republican State Convention met this
morning, and after temporary organiza.
ton adjourned.
Blaine will receive 26 votes from Iowa
at the Chicago Convention. Presiden-
tial electors will be named at the State
Convention for the nomination OF State
officers, which has been called to meet
here on the Both Of August.
B,II to secure Cheap Telegraphy.
WAsHINGToN, April 30.-The House
Committee on Postofiices and Post
Roads to-day unanimously agreed upon
a bill to secare cheaper telegraphic cor
respondence, and directed Representa-
tive Rogers to report itat the first oppor-
tunity.
sterling. Exchange ana Bonds.
NEW YoRK, April 30. Bar silver per
ounce, 1000 fine, $l.ll3; Sterling bills
on London, 60 days, Sl.SSa; Sterling
bills on London, sight drafts, S4.90l; U.
s. AIS OF 1891, interest quarterly, 81. l3si
us. As of 1907, iutercstquarterly, 81 23a
U. S. IS, optional. interest quarterly,
$l.OO2; w. U. TEL, .6l9.
Washington Monument Dedica-
WASHINGTON, ID. c., April 30. The
Joint resolution relating to the Washing
ton monument dedication ceremonies
was passed. 1t appropriates $3.50 to
defray the expense, of the celebration.
Jim Kcene's Failure Conf rmed-
statement from keene.
New YoRK, April 30.-The announce.
ment at 3 this afternoon of the failure
Of Jas. X. Keene, the well known Wall
street operator, was received by many
with ineredulity. 1t created at first
tremendous excitement among the
smaller dealers and operators, who had
apparently not anticipated such result.
Tue effect ON the market was not appre.
ciable this afternoon, as the announce
ment came 50 late. Very little accurate
information could be gained in regard to
ti,, fo;Ipr. alth.uuh rnmors of he moa l.
contradictory character were circulated
in great numbers. 1t is learned, however,
the failure was due to the fnct that Keene
has for some time past coniired his
stock operations to transaction in
privileges and selling ''puts and calls. "
A large number of these contracts fell
due to-day, and 1t was said keene began
this morning paying them of and after
spending over $3.50, 900 i'll cashing differ
ences, resulting from a falling market,
he found himself running short and,
having no more money at his command,
he was forced to refuse to take tho
stock put at him. The news spread
rapidly and soon his office was besleged
with customers and creditors, who
fought with each other to gain an en-
trance. His secretary, Mr.. Wells, con-
frmed the report OF his failure to meet
his engagements aud said, cit was owing
to unfortunate speculations." He said
MIR. Keene would make no
statement to the public at present, but
would furnish IA statement at an early
date to those who are interested more
intimately in his affairs. He refused to
see any reporters at his office to-day, and
at his house this evening it was said he
had gone out OF town and was probably
in Newport. Later in the evening,
however, the following statement was
issued for publications:
'To the Associated Press Reporters:
After paying out million dollars in
cash in the last few months, in my ef-
forts to protect my privileges in a falling
market, | have finally determined to-day
to call halt in the interest of those
with whom have business.
(Signed) JAMES X. KEENE."
Shortly after the announcement of his
inability to meet his engagements,
Keene was offered by number OF friends
and business associates the use of $780,
600. He refused to accept it, saying
that he did not propose to make matters
any worse by keeping up his margins
any longer. The failure was the absorb
ing topic of conversation among brokers
and bankers, who assembled this even
ing at the Windsor Hotel, and various
comments were made by those who had
either been friends or opponents of the
great operator.
Another Dynamite Plot.
TORONTO, Ont, April 30. "A profound
sensation was caused here through the
discovery of two powerful dynamite
cartridges, with wire and fuse attached,
under the Crown Land Office, Parlia.
ment building. They were found by
the son of the Care taker this afternoon.
A thorough search disclosed two more
cartridges under the steps approaching
the Speakers chamber.
Poisoned by snuerkraut,
BALTIMORE, Md, April 30.-The son
OF Mrs. Catharine Friess, of this city,
died and three dauphters are in dancer