Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1884-05-07
EASTERN NEWS.
Failure Of the Marine National Bank
in New York City.
piscoNsoIATE DEPosIToRs STANDING
AROUND TIE CLOSED DOORS.
Negroes Making Threats Of Violence
Against the Whites at Fulton, No.
A CONFLICT WITH THE POLICE
AT NORFOLK, VA.
The Secretary Of the Interior Writes a
Letter on Indian Education.
MISS WHITNEY or CHICAGO EloPES WITH
HER FATHERS C0AcHMAH.
The Secretary of the Interior Writes a
Letter on Indian Education.
MISS WHITNEY or CHICAGO EloPEs WITH
HER FATHERS coAcHMAH.
ESPECIAL TO THE SENTINEL
Exciting Bank Failure.

-
suspension of the Marine National Bank
was a little after IL O'Clock
this morning. The immediate cause of
the failure was the banks inability to
meet its debt, about $500, 600, at the
clearinghouse this morning; but the
causes lying behind this are presumed to
be the real estate operations of the Presi-
dent, James d. Fish. During the last
year or two or within that time, he has
bought Booths theatre, the Casino, and
has also recently been building large
apartment buildings, the Mystic. in West
Thirty-ninth street. The reconstruction
Of Booths Theater and the building of
the Mystic have taken a great deal Of
ready money which he is presumed to have
borrowed from the bank. Fish is the
Second Vice President of the st. Louis
& San Francisco Railroad and Marine
Bank. It is presumed that this connec-
ton had nothing to do with the banks
embarrassment, though it is understood
that there was some connection with either
the Ontario and Western and West Shore.
Such manipulations may have had some
influence, though probably only secondary
to the real estate operations Of the Presi-
dent. A few minutes after 10 O'Clock q
gentleman made o deposit at the Marine
National Bank, and as he went out was
followed to the door by the bank porter,
who began rolling down the shutters.
The depositor ran back to the receiving
teller, who had shut his window and gone
out on business for an indefinite period.
The paying teller was still more conspicu-
Gus by his absence, and the depositor had
the consolation Of standing on the steps Of
the bank for the next hour and telling his
experience to a crowd Of excited depositors
who gathered at the corner of Wall street
and Pearl street within an incredibly short
time. Unless the failure was the result of
worse than too heavy real estate specula-
tions, the failure will not prove disastrous.
One depositor says that Wall street gener-
ally objected to the Marine Bank because
of its family character. James d. Fish is
President and John d. Fish, his nephew,
is cashier, and a half dozen other relatives
of the President are in positions Of trust.
The capital Of the bank is 1000, 900.
The Generals Predicament.
New YORK, May 6.-Kiernan's Wall
Street Agency furnishes rumors of a defal-
cation of $500, 900, accompanying the
failure Of the Union Marine Bank. The
party in question said he had close rela-
tions with the bank. He had investigated
and got the following statement: The en-
barrassment of Grant & Ward is said,
on reliable authority, to be due to the abb
| sence of one of the firm, who had not
been at the place of business since Satur-
day. Various rumors are afioat in fnan-
cial circles respecting which Grant, senior,
a member of the firm, says: 81 cannot
deny or corroborate the reports current.
We are nearly $500, 900 short. Our safes
are locked. Until we can find Mr.. Ward,
I cannot says how we stand"
A Negro Lynched.
FULTON, NO., May 6.-Advices from the
Hatton Postofice, a small village in the
northwestern part of this county, say that
Ham Patterson, a negro, was taken from
his bed Saturday night last and killed by a
mob. 1t appears that Patterson and his
brother julius circulated scandalous re-
ports about nearly all the ladies in that
| neighborhood, which exasperated the men,
and some 90 or more respectable citizens
took the matter in their own hands,
with the above result. Julius Patterson,
also, is being sought for, and if found, it is
said, he will share the fate Of his brother
| Ham,. The negroes in the vicinity are
greatly excited and are said to be making
threats Of vengeance against the whites.
COnvicts Hurt by the Fall Of a Shed
LITTLE Rock, Ark, May 6.-During q
violent hail and rain storm this afternoon
a shed at the old fair ground fell on q
large number of convicts employed at
brick making. One guard was killed and
another seriously wounded. and several
convicts were injured by the falling
timbers.
In Newton county on Saturday the rev.
enue officers rsided an illicit distillery,
which was dismantled and>the mash tubs
destroyed. A fight occurred, and one of the
distillers was killed and another wounded.
GeorgeOus Siamese ambassadors.
WASHINGTON, May 6.-The Siamese EN-
bassy called at the White House to-day and
paid a formal visit to the President. They
were accompanied by Secretary Freling-
huysen, Consul Smith, Rear Admiral
Rogers and Lieuts. Mason and Potts. The
President was attended by all the members
Of the Cabinet who are now in the city.
The ambassadors were attired in full court
costume of the richest character. The dis
tinguishing feature was their cloaks of
netted gold. They we're received in the
blue parlor, and the usual formalities were
exchanged.
Indian Education.
WASHINGTON, May 6.-The Secretary Of
the Interior has written a letter on the sub
ject Of Indian education, in which he says
that while he considers book knowledge
very important, in his opinion il is not the
main object of the attendance of children
at school. That education, he adds, is best
which enables a person to take care OF him |
self to the best advantage. Literary
studies should be combined with manual
labor exercises. but if either is neglected 1t
would better be the first.