The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-02-21

the Fouchs of that corporations fight with the
murderous Molly Maguires about dozen years
ago; he made the name of en8Dterror to the
lawless classes in the mining districts of Penn
| sylvania None doubted his courage. his per-
| sistency or his acuteness. He broke up one of
the worst gangs Of assassins that ever existed In
| this country. About dozen of them, if | re-
member rightly, were hanged result of his
| fearless and relentless war upon them, and
| since then no more has been heard of the Molly
| Maguires. His connection with this memorable
crusade against crime led him to take deeper
interest in the development of the coal regions.
| and he became director for the Reading road;
| still later he was elected its president. and
| he was recently elected to that Office for
| the third time Most of his fortune is
| supposed to be bound up in that corporation; he
| is not considered very wealthy, although from
| time to time he has had opportunities of accum-
ulating large fortune. He is not much OF
| money-maker for himself The affairs of the
| Reading are In desperate condition, but he feels
| In honor bound to violently antagonize the pow
| erful syndicate which now seeks to gain posses
sion OF the property and heavily tax the stock
holders. If the syndicate succeeds it will be one
| of the most notable events in the financial his
| tory of this country but it will only win after
stubborn fight with Franklin B. Gowen. 1t is
| by no means certain who will win. Mr.. Gowen
is of American BIRTH but his near ancestors were
English and he fights with the true bull dog
English obstinacy
Some think he is fighting in the dark, and that
the junior securities all controlled by his OPP
ponents but this Sir Lancelot of finance is as de-
| liant as ever; he thinks his financial armor is
| strong enough to withstand his enemies-his
lance is couched, he is eager to ride the desper
ate tilt in the monetary arena
AS to stocks, the outlook is more uncertain
than usual and quick turns seem likely to pay
the best for the present Or. in the picturesque
| language of Henry Clews, ''Those who buy on
the slumps and sell on the jumps will make more
money than jackass can cart down hill on
spring wagon" OSCAR WILLOUGHBY RIGGS.
HOratio Seymour and Salmon p. Chase.
The death of Horatio Seymour calls to my
mind some "reminiscences of the late Chief Justice
Chase which up to this hour have never COM
mitted to the keeping of type. During the SEES
| sions Of the Democratic national convention in
| 1865, was, In the absence of Mr.. James r.
Young, the present executive clerk of the
United States Senate, in charge Of the Wash
| ington Office of the New York Tribune. Acting
| under instructions from New York, / saw Mr..
Chase every night while the convention lasted,
| generally between and 10 o'clock, when the
politicians who called on him had all gone home.
Taking from an envelope. on one occasion. one
of the greenback badges which the 'Pendeton
Guard, as it was called, wore at the convention.
he said: "Now, do you think it was fair in
Pendeton to steal my greenback? would not
have treated him in that way" The Washington
dispatches in the Tribune Of that date, printed
| in the most prominent part Of the paper and in
its boldest news-type were all inspired by Mr.
Chase.
The slender support which he received from
| the Ohio Democracy at the time seemed to NOR
| tify him a good deal. Mr.. Chase was very
| proud man. without a particle of vindictiveness
in his nature, and the few expressions that fell
| from his lips on this point were tinged with a
| sort of melancholy. He seemed rather to mourn
the loss Of personal friends than to condemn the
| detection of partisan followers On another oc-
| casion he said to me: 1.-THE great mistake that
we the war Democratsl made when we went
over to the Republican party was that we did
| not take the name of Democracy along with as. y
| Mr.. Chase appeared to me at that time to be q
sincere Democrat He thought the mission Of
| the Republican party was ended. He disliked
| General Grant and dreaded his accession to the
| presidency He seemed to be afraid of the in
| duences which he foresaw would surround him
| in the event of his election. The tone of the Wash
| ington dispatches to the Tribune at this time was
| severely criticised by many of the Republican
| leaders then in Washington. Congress was then
| in session. MIR. Colfax, the Speaker of the House
| aud the candidate for the Vice presidency, was
one of the first to complain Meeting him one
morning near Wizards Hotel he asked me
''what it all meant" I replied, laughing. that
| he would have to ask them at New York. and
| made an excuse to leave him. That afternoon
l received long note from him, in which he
| said that large number of Republican Senator's
| and Representatives had spoken to him about
the Tribune dispatches and condemned their
| manifest friendlness to Mr.. Chase. He asked
me to change them, and then went on to de-
| nounce the Chief justice. who" he said, "was
| But the character of the dispatches was not
| altered. My instructions on the subject were
| imperative, and am inclined to believe that if
| the Democracy had nominated Chase the Trib-
General Grant. Some time afterward showed
| the C0lfax letter to Mr. Chase. He was ex-
| ceedingly indignant, and expressed his aston
ishment that Mr.. Coifax, whom he said he re-
garded as almost son. could have written such
| letter.
On the night preceding the day on which Mr.
Seymour was nominated Mr. Chase was conf
dent that he would carry of the prize He
| showed me several dispatches on the subject
| all assuring him of victory. One of them was
to the effect that he would be nominated next
morning on the second ballet 1t bore the in
itials rs. L. N. B." which I need not say are
those of Mr.. Barlow, of this city. Next day
came The Pendieton men swept over to Sey-
meur; other delegates followed and, against his
| will" the Sage of Deerfeld, who has just passed
| away was the candidate Of the Democracy. 1t
was severe blow to Mr.. Chase and perhaps a
| severer blow still to the queenly Kate Sprague,
tne am olCion on whose lie was 10 De Ino mistress
of the White House. Speaking on this subject
some time later on Mr.. Chauncey NJ Snow, who
was one of the prOprietors of the National Intel
lgencer in Washington, and Chase man, told
me that when the fortunes of Mr.. Chase in the
convention were beginning to look desperate, Kate
Sprague, who was in New York. sent for him and
asked him if the use Of couple hundred thou
| sand dollars could help her father. Snow said
| she had the money ready. He told her it would
be ruin to make an attempt to buy the conven-
| ton. JOHN p. FOLEY.
Contented To-Day.
/ Contented to-day.
Contented Away.