davidaulloa/AmericanStories huggingface dataset:
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16
FINANCIAL MATTERS.

The financial smbarrassments that grew
out Of the failure Of the Marine Bank and
Grant q Ward, New York, the Minnesota
Car Company and several other large opera
tors, resulted in complications In New York
Tuesday and Wednesday that threatened 70
be serious. The Metropolitan Bank Of New
York, and six others, were unable TO make
their clsarancss on Wednesday, and the stu
alton became critical. Donnell, Lawson d
Simpson, the Now York correspondents Of
Donnsll, Clark Il Lsrabis, Butte and Deer
Lodge, did their city clearing through the
Metropolitan Bank, and the temporary en-
barrassment Of that house carried Donnell,
Lawson & Simpson with them As one of the
seven. Mr.. W. A. CLARK, Of Donnell, Clark
4 LarabIe, fortunately happened to be in
New York, and at once provided for the
drafts from the two Montana houses to be
honored As they arrived, pending the lookup
OF Donnell, Lawson & Simpsons funds, and
until thsir resumption the drafts of these
banks were arranged TO be made Oh other
banks, 80 there was no strain on the Mon
tana Houses.
Yesterday afternoon Mr.. Hauser received
en- route from Helena to Butte, the follow
ing from Cashier knight:
HELENA, May Is.
To s. I. Hduser, en- route:
Clark, Dodge Co. report better feeling
to day. The Metropolitan will pay deposit
on In full and resume to day.
(Signed) L. w. KNIGHT.
This will unlock Donuell, Lawson s.
Simpsons funds, and probably to-day that
house will resume.
Although the situation was fully known,
there was no run on the Bank In Butte or
Deer Lodge; and in addition to their having
securities many fold to cover all deposits,
Mr.. Larabie was gratifed by several of our
most substantial business and monied men
coming promptly forward and volunteering
their assistance to the last dollar in case
they could be of any service. Mr.. Larabie
expressed his thanks but did not need any
aid. The telegram from Clark, Dodge &
Co. showing the resumption Of the Aetropol-
itan dissipated all apprehension BY bankers
of Helena, Butte aud Deer Lodge, and it Is
presumed Donnell, Lawson & Simpson will
to-day resume business and take up all drafts.
To the uninitiated, and especially to the
easy business going people Of Montana, IL
seems strange how far reaching are the com
plicstlons resulting from the failure Of New
York banking frm to clear during banking
hours each day every piece Of payable paper
out against 1t. But the bankers over all the
land must have their deposits and CORES
pondents in New York aud their drafts on
them are subject TO the vicssltudes of their
although they have vaults
full Of money. The word from bankers in
Butte aud Helena last evening was that an
sntirely satisfactory condition existed. There
bad been no excitement whatever.
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16
The Financial Crisis.

PHILADELPHIA, May 12.--The Press says
The failure OF Senator Sabin's North western
Car Company corporation with . paid ut
capital Of 50 500 900, 10 the first sign that ths
recent collapse in New York 10 likely to lsat
TO evil results away from the ssaboard. Ths
Erie road will not recover from the Marine
Bank failure for some time. The Pres,
thinks other disasters are impending. The
failures OF New York reflect closely the
present condition Of trade, which Is best on
the Pacific Coast, and grows steadily worse
Eastward. The trade and manufacturers OF
the Atlantic Coast are the real sufferers In
the present crisis. The New England cot.
ton mills are worse off than Others. The
cotton planters Of North Carolina, South
Carolina, and Georgia are reported In q
poorer financial condition than las: year.
The shock to confidence from the failures OF
the past week, have sumnarily ended the
hopes which were earlier excited, that this
spring would see revival of business pros
Psrity.
The Times says on good authority, that
before Vanderbilt sailed for Europe on Sat-
urday, he sent for General Grant and handed
him all the bonds that the former had as
signed to him to meet the $4,000 loan.
Vanderbilt 10 said to have told the General
he bad no use for the bonds, that he could
pay him him when he got ready; that he
hoped he would come out Of bis difficulty oil
right, At the same time bidding him . cordial
good bye.
New YORK, May 1.-THE Sun this morn
Ing, IN Ito comments on Wall street, says
There Is no sxaggeration In saying the bears
saved Wall street from . panic last week.
Even the biggest bulls are powsrlsss In cir
cumstances like those prevailing now. What
for instance can ID. o. Mills do to keep M
Erie securities or prevent short selling
against outside holdings which are sure to
Gomez The fact that Mills and party have
Erie bonds aud stock locked up, did not pre-
vent either from tumbling nearly twenty per
cent. In few days. Both bonds and stock
are held In large blocks In Europe, and 1t Is
difficult TO tell what prices will 20 to when
securities held by frightened Europeans
holders begin to pour in upon the New York
market.
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16
Application for Patent.
UNITED STATES LAND OFFICE,
HRfrnA NJ IN M..ta SEQ

HELENA. NJ. t.. May ID, 1884.
Notice is hereby given that Andrew o'Conne,L,
James NJ. Ryan, Albert Kleinschnidt and Reinhold
u keinschmdt whose postoiice address Is Helena
Montana, have this day iied their app ication for
patent, under the mining laws OF Congress, for a
placer mining claim designated as Lot No. 81 A and
y, situated In no organized mining district. Deer
Lodge county. Montana Territory, IN unorganized
not OF record and described as follows In the official
plat and field notes on file In this Office to- wit
Tor Lot RIO H beginning ut corner No, gran
te rtone Ia ,s8 Inches and running thence A deg
y min W 1880 chains; thence y rs degs 30 min W
ls6s chains thence 10 deg- IS min i3 80 chains:
thence degrees 30 min $50 chains; thence N n
degs ~ 4 ~ DO chains: thence - dogs Is min a.
.. coans thence N So deg X % Oh chains: thence
70 aeg ~ min is Is chains, thence 70 dogs 80 min
4sm chains to corner No 10 from which the corner
20 J. soSIon go "a and as Fps 10 and II w bears
de2s aa min distant lis. 9S chains, thence N Ii
CERES sOoc chains, thence 50 dogs 20 min W
s w chains. thence n degs IN min 2e 05 chs to.
lne place of beginning containing an area of LAG ~
acoes excinding therefrom OF n 10 acres In
e 60. with Lot No. 81. Area claimed herewith
For Lot No. 81 beginning at corner No. gran
I've ,Ione Dxl0xs inches from which corner No of
LOT o. bears Is degs 45 min distant 90 chains
snd running thence ~ deps w 10 Is chains thence
degs % min w II. 80 chains thence a degs is.
min 500 chains, thence as degs II SO chains to
the place. OF beginning containing an area Of D. 20
acres ana excluding therefrom area Of sol acres
~ CONFLICT With Lot No. 81, Area claimed herewith
~ acres. Total area OF Lots 81 A and d 1c6.1S
acres from which 10 excluded 2sI7 acres IN conflict
~ u acres upon which notice Of ssid applications
was posted the 9th day OF April, 1854 The adioin-
ing Claimants to these premises are Thomas H. Coul-
ter ct al. claimants Of Lot No. 81.
r. Atkinson, Register.
Comfy Foote, Attorneys. 77S-ios
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16
Heavy Mlnneso,. Failure.

ST.. PAUL, May 10.-The Northwestern
Manufacturing Car Co., Of Saltwater, MINI.
OF which d. M. Sabin is President, G. D.
Gilnllan, Vice President and General Man.
ager, failed to-day. Director Seymour, for
merly head Of Seymour, Sabin & Co., which
was merged In the Northwestern Company
stated yesterday the liabilities were ST..
100000; assets, s4,5OO, 900; that the COM
pany was being pressed by . number OF
creditors Of obligations which they had ex-
pscted to meet on money secured from the
East; that the suspension Of the Marine
Bank and the failure Of Grant Il Ward had
30 shaken confidence In credits that they
had found Il impossible to secure the ex-
pected advance.
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16
The Republican Campaign.

CHICAGO, May s.-The Republican Ma.
tional COMMITTEES has been In secret session
the last two days, to arrange for campaign
work In the interest Of the Republican party
during the next Presidential canvass. II
Was decided to maintain headcuartsrs In
Chicago, New York and Washington. The
speakers ssnt out BY the league viii BE- urged
70 attack the free trade theory q the sursss
means Of alternating The Irish voters from the
Democratic party, on the ground thu. ftse
trade d an English measure. Twsnty-three
States were represented 1t the session. ].
Curraa Ksgan, Of Colorado, il elected gen.
eral SECRETARY.
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16
The Ordway Episode

PIERRE, OAK, May S.-Ths editor OF the
Volga Tribune, who was . strong anti Ord
way man, has just returned from Yankton.
who're he was one OF the members OF Camp
bells grand jury which indicted Governor
Ordway. The gentleman Ia highly incensed
q the modus operandi pursued 10 ind bill
sgainst Gov. Ordwsy, derouncing IL ~ ma
licious and unjust. He reports the entire
proceedings as jug handled STAIR, and re-
turns with his opinions greatly changed
against the irutbfalness Of the Yaakton ring.
His paper nov rings with denuneiation Of
the proceeding, aud The action Of the jury Il
reasting In favor Of 0rdway. The cost to
the Government will exceed $4,000, wit
nesses having been summoned from Michi-
gan and Arkansas. He thinks an invsstiea-
ton will be made VI United States District
Attorney Campbell's sections. and soma In
terosting facts developed. The case against
Gov. Ordway will be heard It oncs, Camp
boil having been ordered not TO delay II.
The YanktOn ring now realize the mistake.
but Il Is too late 70 mend. Other members
Of the jury, with the exception Of the eleven
Yankton men, have the same views = the
Volss man.
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16
U. p. Change OF Management.

NEW YORK, May S.-The Times says
The stockholders Of the Union Pacific road,
who have net been satisfied with the admin
istration Of the company's affairs, are respon-
sible for the statement that the controlling
powers have determined upon = change
which will practically take the management
of the road out Of President billions hands.
It is said General Manager Clark, Of Omaha,
has been promoted to the Vice Presidency,
with increased powers. "This," said one Of
the dissatisfied stockholders, yesterday, "vir.
tually places the operation Of the road under
the control Of Clark, who 10 . good railroad
ms
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16

We publish elsewhere the report Of the
committee on the bill to increase the nen-
bership and the pay Of members In Terrific
rial Legislatures. II 10 very desirable that
this biltshculd pass. The report states sue
cInctIy the inadequacy Of the pay, but does
not rsfer 50 strongly 70 the insufiiciency or
membership. Under the present Limitation
Of twelve members Of the council, there are
several territories tbs. cannot have repre-
sentstion Of each county In both branches.
Montana 10 one OF these. We have thirtsen
counties and are allowed but twelve council
member. ~ best one county cannot Be
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16
LEGISLATIVE MATTERS,
The Bill for Additional Members and In
creased Pay Reported Favorsbly.

In the House, April 18th, the following
report was referred to committee of the
whole:
Mr.. Lawrence, from the Committee on the
Territories, submitted the following report,
to accompany bill Fl. r. 1914:
The Committee on the Territories, to whom
was referred the bill III r. 1914 to provide
for additional members Of the Legislatures
OF the several Territories and an increase of
pay to the members and officers thereof,
have had the same under consideration, and
report thereon as follows:
From the best evidence obtainable upon
the subiectmatter Of the bill, aud from the
representations Of the Delegates from the
several Territories, your committee find that
the present pay of mem bers OF the Legisla-
lures of the several Territories is not COM
mensurate with the service performed; that
the per diem allowed to such members under
existing law is not sum ient to dsfray their
current expenses while engaged in the per-
formance Of their legislative duties, resulting
In the fact that 1t is impossible to obtain the
services Of the best citizens of the Territories
In the way Of legislation, and In the further
fact, that in great many instances men un.
worthy Of trust aud unfit for the discharge of
the important duties devolving upon law
makers, find their way into the Legislatures
Of the several Territories. Good men and
responsible citizens cannot be induced to
leave their engagements at home, neglect
their business, and in great degree defray
their own expenses, to attend to the public
business Of the Territories.
We find that the expense Of living In the
said Territories Is far in excess of that In the
older settled portions Of the country. In
view of these facts. your committee think
the members Of the Legislatures OF the sew
eral Territories should receive the sum OF s6
per day instead Of "a per day, as now pro-
vided by law, and that the officers of said
several Legislatures should be allowed S6 in
stead of "a, and that the Speaker of the
House and President Of the Council. should
receive 50 per day. -
We further find that the increase In popu.
lation Of the several Territories demands
larger number Of Representatives than now
allowed by law, and therefore the COMMITTEES
reports the bill back to the House with the
that the same do pass.
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16

GENERAL GRANT and his two sons,
Ulysses g., Jr., and Ferdirand, are fnan-
cislly ruined by the failure of the firm Of
Grant & Ward, Bankers and Brokers, Of
which U. s. Grant, Jr., was . partner, and In
whose operations the other son and the
father had invested all their means. The
failure is gigantic, estimated at eight TO ten
million dollars. The operations Of the firm
were entrusted TO Mr.. Ward, In whose busi-
ness ssgacity and integrity the Grants had
unlimitsd confidence, and fsr long time hs
wss successful. The testimonial fund Of
s25o,oO0 raised some years ago BY friends Of
the General and invested by them for his
benefit, 10 still intact and yields about Si5,.
600 per annum, which 10 all the income be
BOW has. He was never q succsssful busl-
ness man, and results have demonstrated
that quality Of his nature which led him In
m,litary aud political life TO place unlimited
confidence where he placed any has pre-
vailed In his business relations and led 10
the loss Of all bis property. Ia his misfor-
tune there will be genuine practical sym
rathy, aud there ID ne apprehension that he
will be distressed. His position 10 life en-
tails heavy expenditures, which the income
ON his testimonial fund 10 not adequate 70
meet, but Senator Ednunds hiss already In
trodnced bill 10 rcinstste him on ths army
rolls, and II that fails there 10 abundant
wealth In the hands OF men who will quad
saple the fund before The year closes. En-
pres reward their successfnl military chief
iains with bestowals OF princely fortunes.
Il 10 sald Republics are uugrateful. We do
MT believe II, and n The manner Of beetowsl
OF fortunes 10 BY vsluntary individual act
rather than BY legislative ststnts, Il y The
better method.
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16

CHICAGO, Nag 1.-THE French ex .sri..,.
rers Hyscinthe, preached in the Trinl.,
episcopal Church In this city yssterdav.
his address, which WAS IN French, dean NH
20. g. subject Of the resurrection or The bodv
ae ana biz vile are guests Of Hon. Z. 4.
Masnourne, Ainistsrto Paris. he leaves
Ioi New York Tomorrow, and will Il once
Is.asn y France, being recalled BY formal
nosIce o. the decree By President Grew Ie-
ssne ms church 10 France, which Il q.
powerful impulss. sna
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16
No. 1904.
Application for Patent.
UNITED STATES LAND OrYIcE,
HELENA, M. T., MAY q, 1884


Notice Is hereby given that Lawrence Lorraine,
whose pOstofico atdsess II Blackfoot City, Deer
Lodge county Montana Territory, has this day fled
his application for patent for 1913 of PLACER
mining lead. situated In Snowvhoe Mining District.
Deer Lodge county, Montana Territory, designated
BY the ned notes and official plat ale In this ofca
~ Lot No. 80, In townrhip II north OF range wss
said lot No. 80 beins described a. follows towit
Beginning At q granite stone 3Oxiax7 inches.
marked -1f33 from which corner 10 sections 4-5-
- and 33 townships 10 aud II north OF range west,
hears is dogs 10 min w 1851 feet thence ~ dess
70 min w 1910 feet. thence 70 dogs 80 min w l445
fret; themes 10 degs Is min w 132 feet: thence
% degs 10 MN f445 feet. thence % deg 90 min
11e6 feet; Tho nee s. Seg 73i feet thence W
deg ~ min St2.H feet: thence North 10 deg u min
: STU feet: thence N desr 10 min s 81 feet
hen o % degr 80 min 40 feet; thence II degs
W 10 feet: thence Is degs 10 min w 1000 feet:
thence 80 dees x min $50 feet: thcnce 50 degs
IL min w To feet to the place OF beginning.
The location Of this mine Is recorded In the County
Recorders Once OF Deer Lodge County.
7T5-lOt y. Atkinson, Register,
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16
SENATOR SABTy will. IL i, rnmored res

SENATOR SABIN will, 1t 10 rumored, resign
bis position as Chairman of the Republican
National Comm The financial smbsr.
rassment of the Minnesota Car Co. will re-
quire his undivided attention. Chandler or
Frye, who were his prominent rivals for the
position, are mentioned to succeed bim In
case he resigns.
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16
while publishing the above from \

(While publishing the above from the
leading Republican journal of the United
States as being perhaps the nearest correct
In Ito assignment Of preferences, we call at
tention to the error in relation to Montana.
Mr.. Edmunds is just as certain to have the
vote Of Mr.. Mantle As Mr.. Blaine Is that of
Mr.. Sanders.-.ED. N. N.-W.)
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16
JAMES H. MILLS. PUBLISHER.

THE abandonment Of General Gordon to
his fate In Khartoum is ono Of the most
shameful pages 10 English history. If he
escapes massacre he will owe no thanks to
his government
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16

THE following announcement has been
officially made In the Democratic papers by
DIR. A. Ii. Mitchell, Chairman Of the Terri.
torisl Democratic Central Committee:
"Thsre will be meeting Of the members
OF the Democratic Central Committee Of the
Territory, at Deer Lodge City, on Wednss-
day, June 4, 1884.
"Ths committee 10 called together for the
purpose Of selecting two delegates with al.
tsrnates 10 the National Democratic Con-
vention, 10 be held In the city OF Chicago, on
the 9Th of July, 1884; to fix the time for
holding the Democratic Territorial Convsn-
ton 10 nominate 4 candidate for Delegate In
Congress; to apportion the delegates TO the
several counties Of the Territory; and for
the transaction Of such other business as may
come before the committee.
"Ths following named gentlemen consti-
tute said committee, to-wit: A. Ii. Mitchell,
Deer Lodge; q. ID. Curtis, Lewis and Clarke;
G.. w. Stapieton, Silver Bow; II. p. Bate
man, Madison; s. w. Langborne, Gallatiu;
J. b. Hubbell, Custer; T. 4. Collins, Cho-
tesu; John r. McClintock, Msagher; p. II.
'PoindeIter, Beaverhead; w. j. Mccormick,
Missoula; Il. McSorley, Jefferson.
The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1884-05-16

BEFORE the Forestry Congress, which con.
c.uded lis annual session at Washington
Nay 9Th, John s. Hicks, Of New York, read
paper In which he presented the following
interesting statistics concerning the con-
sumption OF timber by railroads. He esti-
mated the cost per mile Of tics at 1924 every
seven years, or . total per annum of $l4,-
$4,000 for $4,000 miles Of railroad In the
United States. To supply the necessary
timber would require that l2,672, 000, 900
acres OF wood land be kept In constant
growth, or 1888 acres per mile OF single
track of road, which would be equivalent to
strip Of land over 400 feet wide alongside
every mile Of single road. Add one half
TO the estimate for double lines and sidisgs,
and assuming that only half the distance
could be planted, IL would require nearly
one .halfof mile Of growing timber along
side each mile Of railroad TO produce q suffi.
Gent number Of ties for its use, exclusive Of
timber consumed In bedding and fencing.
There are many places owned BY railroads
that could be planted with trees, which
would protect roads from snow drifts and
wind storms while growing. Before adj
journing the Congress passed resolution
protesting against the repeal Of the timber
culture act, but favoring ia amendment.
Jamestown weekly alert. [volume] (Jamestown, Stutsman County, D.T. [N.D.]) 1882-1925, 1884-05-02

THE North Dakota delegates to the
Huron territorial convention came in on
the home stretch in good shape, which evil
dences good leadership and united action,
as there was scheme on foot with some
Of the southern dcleg .tes to capture the
whole delegation to Chicago jamestown
will be well satisfied with the alternate
representative of North Dakota in the
person of our enterprising citizen, X E.
Wallace, and still more grati6ed with the
flattering vote he received in the conven-
ton. The resolution instructing for
Blaine and Lincoln will be readily acqui-
esced in by those whose preference was
for other aspirants, and that one declaring
for division of the territory and favorlng
the admission of the southern part as a
state will be as heartily endorsed in the
northern as in the southern part. There
IS no cause for any bitter feeling over the
action of the Huron convention, and such
feeling engendered IN few of the county
conventions should now be numbered
with the bygones and remembered no
more
Jamestown weekly alert. [volume] (Jamestown, Stutsman County, D.T. [N.D.]) 1882-1925, 1884-05-02

state admitted and territory organ ized
SINCE 1s4s two sections IN every township
have been appropriated for school pur-
poses. The land scrip issued to states
where the lanj was bought up so thai
school lands could not he located amount
ed to millions of dollars in value. These
appropriations were not in money 1t is
true but they were equivalent to and con
vertible into money.
The closing year of Jackson's second
administration there was found TO be n
surplus of revenue in the treasury and by
bill approved by "OId Hickory" June
%, 1886, the over plus of enty-eight
millions was distrlbu ted among the states
for educational purposes In proportion to
their representation which was approx.
imate1y pro rata on population.
The bill now proposed We believe is the
6rst appropriation Of any kind based upon
ignorance, and there is where the kick
comes in. The idea seems to have origl.
mated with Hon. James &. Blaine last fall
IA his plan for unburdening the treas
ury of its surplus.
Jamestown weekly alert. [volume] (Jamestown, Stutsman County, D.T. [N.D.]) 1882-1925, 1884-05-02

The fast mails recently established in
the northwest has moved the Yankton
Herald to kick on the irregularity of the
cattle train that carries the mail between
Sioux City and that place and 1t is clam
orlng for trl-weekly which can be de.
pended upon. 1t seems to rs they are
becoming oyer exacting down in the late
capital to worry postmaster general
Gresham with such matters of minor men,
ton at time when conventions are ap-
pointing delegates to the national assem-
bly, of president makers every day. Sec
retary Lincoln has walk away in his
part of the programme, however. IS giving
close attention to the war department
and we would suggest that the Herald
might appeal to him with some show of
obtaining government mule team to
carry the mail between Yankton and
Sioux City. 49,,