The times. [volume] (Richmond, Va.) 1890-1903, 1890-11-15
GRANT AND CLEVELAND.

GRANT AND CLEVELAND.
There is a story going the rounds to the
effect that Mayor Grant is pledged to vote
for Cleveland in 1892. Ii Is said that a
prominent Cleveland Democrat positively
refused to vote OF work for Hugh j. Grant
for Mayor during the last campaign until
the latter should define his position on the
Presidency. The pledge being given that
Grant was for Cleveland, the vote was cast
for Tammany Hall.
SIGNIFICANT FIGURES.
The certified statements of the candidates
for office in the late election, now being
filed IN the Office Of the county clerk, make
suggestive reading matter. The sums eX-
pended rangs from zero To three ciphers and
a numeral, and the smaller figures are
something startling as representative Ol
public and political virtue.
THE BUSINESS SITUATION.
Great activity in the industrial centres Of
the country has drawn funds from the East
and caused some inconvenience, but the
situation seems happily TO be within con-
troll of the clearing house, and there is lit
tie fear that any really sound banking in
stitution will be permitted to go to the wall
and thus create genuine alarm. The few
failures which have occurred among stock
brokers is simply the result of oyertradng.
THE NATIONAL. JOCKEY CLUB.
Turfmen here are very much exercised
over some very important facts that have
recently come to light. IL seems that some
DAYS since Mr.. LOrillard gave grand dim
ner to a few leading turfmen, with the OBJ
ject of getting their ideas upon the deslra-
bility of organizing "A National Jockey
Club. 1t was understood at the time that
the dinner was "A grand success socially,
but the only thing that could be definitely
learned about it was that the champagne
flowed like water. However, after sufficient
interval to allow the participants to discuss
the matter, the following was made public:
After free discussion an agreement was ar
rived at by which the whole question was
referred TO a committee consisting Of Au-
gust Belmont, II. ID. Withers, j. c. X.
Lawrence, John Hunter. II. u. Forbes, and
Pierre Lorillard,Jr. To these gentlemen was
given the power TO lill vacancies and add
three members To their committee. y res
OlutiOn was passed forming Jockey club
Of the gentlemen there present and such
others as were invited to the dinner and
were not present, this club 10 have SUI
perior jurisdiction over everything govern
ed by the rules of racing, and all cases TO
be referred 10 the jockey club for final adJu-
dicatOn. According TO the Official an
nOuncement, only those who were invited to
the dinner are eligible to membership
i'm the new club. Here is where the
hitch il. Three OF the most popular
race-tracks in the country are those Of
Grayesend. Elizabeth and Linden, and
while the latter may have been invited to
Mr.. LOrillards dinner, Grayesend ana
Elizabeth were totally ignored. This means
that neither Mr. Philip nor Michael Dwyer
are eligible to membership in the new club.
From the opinions given by some OF the
turlmen, it Is safe to say that racing or
ganization that ignores Grayesend and
Elizabeth could hardly be national, and
would not receive the support of the racing
public. That there is a necessity for
National Jockey Club is true, but i'm its
formation men standing IN the racing world
should be taken into account, and not their
social standing.
AsTOR ANTE-NUPrIAL AGREEMENT.
An oversight nearly forty years ago was
the means of bringing into court the anti
nuptial agreement OF William Astor and
Caroline Webster Schermerhorn. now Mrs.
William Astor. The agreement was an I'M
portant one, but it was probably not con
templated at the time il was entered into
that its provisions should ever be made pub
III
Miss SchermerhOrn September -, 1898, and
had it contained any provision for the ap-
pointment Of successors 10 certain trustees
named i'm il, it might have remained un-
known except to the contracting parties
and few others. by the anti
nuptial agreement il was provided
that in lieu Of Miss Schermer-
horns dover right in the property Of her
intended husband after their marriage. or
of any right at all in his property. each was
10 take equal shares in trust created by
William AstOr's father, William B. AstOr.
The trust includes real estate and personal
property which now amounts to SGT, 1872.
Suit is brought in the Supreme Court TO
have their son, John Jacob Astor, Jr., ap-
pointed successor TO the original trustees,
who are both dead.
Earnings Richmond and Danyille system
the first week OF November, 1890, S3lj,2jO;
1889, $297 7,025; increase, Sl9,225.
JAY GoULD's BIG DEAL.
Everything is quiet on Wall street today
and the indications are that the financial
situation is hourly improving. The enor-
nous decline in the shares OF the North
American Company gave an excellent Op-
portunity for Jay Gould or any other
wealthy operator to get possession OF ma.
iority of the shares at low figure and OBJ
tain control OF that company, and through
IL the control OF the whole Northern Pac' lic
railroad system. IL was the opinion to-
day of many Wall-street brokers that JAY
Gould was seeking to get control
as part Of his gigantic scheme
10 control all the Pacific roads. The meet
ing Of the presidents OF the western
RAILWAYS and the big shareholders 10 con-
summate the big deal which Gould has
worked so hard for, it is thought, will not
be held till next week. One part OF the
scheme il TO stop new railroad construction
in competitive territory. Other railroad
representatives state that important inter
ests are at work, and that gigantic asso.
citation controlling every mile OF road In
this country will soon be formed.
THE NORTH RIVER BANK.
II is quite likely that the North River
Rank will 90 into the hands of a receiver
An intended motion TO that effect was post
poned to-day until Monday. 1t has only a
small surplus, and its assets consist mainly
OF collateral for loans which cannot be
negotiated.
A STARTLING RUMOR.
rumOr was current in Wall street
banking circles this afternoon that Barring
Bros. 4 Co., Of London, has failed, but that
their business was 10 De taken care OF Ol
another wealthy banking house. kidder
Peabody X Co., their agents IN this city
said they had heard nothing OF il, and did
not believe ii.
THE NICARAGUA CANAL.
DIR. j. f. Stubbert, chief surgeon of the
| Nicaragua Canal Company, and civil En-
gineer j. G.. Holcombe arrived at the Fifth
Avenue Hotel to-day. The Chief Surgeon
said that for the past fifteen months the
death rate had been two-thirds Of one pei
cent. OF those confined in the hospital
Some 1890 are employed. Then the Sur
geon added with pride: The health
Of our officers Is excellent, not .
single one having died. One whit,
man, Mr.. T.. A. Baker, was killed b,
the falling OF Derrick" Engineer HoI
combe said the work was progressing RAP
idly. Digging the canal proper would d
begun in few days. The dredging 0